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Commitments to Acquire/Dispose of Real Estate | 3 Months Ended
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Mar. 31, 2019
Commitments To Acquire Dispose Of Real Estate [Abstract] |
Commitments to Acquire/Dispose of Real Estate |
5. | Commitments to Acquire/Dispose of Real Estate
The Company has entered into a separate agreement to acquire the following (purchase price in thousands):
|  | Properties |  |  | Apartment Units |  |  | Purchase Price |
Land Parcels (one) |  |  | — |  |  |  | — |  |  | $ | 28,000 |
Total |  |  | — |  |  |  | — |  |  | $ | 28,000 |
The Company has entered into separate agreements to dispose of the following (sales price in thousands):
|  | Properties |  |  | Apartment Units |  |  | Sales Price |
Rental Properties – Consolidated |  |  | 2 |  |  |  | 593 |  |  | $ | 282,250 |
Rental Properties – Unconsolidated (1) |  |  | 1 |  |  |  | 444 |  |  |  | 255,500 |
Land Parcels (one) |  |  | — |  |  |  | — |  |  |  | 1,900 |
Total |  |  | 3 |  |  |  | 1,037 |  |  | $ | 539,650 |
(1) | The Company has a 20.0% ownership in this property. See Notes 6 and 12 for additional discussion regarding unconsolidated properties.

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- Definition Commitments to Acquire/Dispose of Real Estate. + References No definition available. + Details
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- Definition Disclosure of acquisition/disposition transactions with closing dates subsequent to the balance sheet date for which the Company had entered into separate agreements prior to the balance sheet date. The closing of these transactions is subject to certain conditions and restrictions such that there can be no assurance that these transactions will be consummated or that the final terms will not differ in material respects from the original agreements. + References No definition available. + Details
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