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Commitments to Acquire/Dispose of Real Estate (Tables)
3 Months Ended
Mar. 31, 2021
Commitments To Acquire Dispose Of Real Estate [Abstract]  
Acquired Properties From Unaffiliated Parties

The Company has entered into an agreement to acquire the following (purchase price in thousands):

 

 

 

Properties

 

 

Apartment Units

 

 

Purchase Price

 

Rental Properties - Consolidated

 

 

1

 

 

 

280

 

 

$

95,200

 

Total

 

 

1

 

 

 

280

 

 

$

95,200

 

 

Agreements to Dispose

The Company has entered into separate agreements to dispose of the following (sales price and net book value in thousands):

 

 

 

Properties

 

 

Apartment Units

 

 

Sales Price

 

 

Net Book Value at

March 31, 2021

 

Rental Properties - Consolidated

 

 

2

 

 

 

340

 

 

$

240,000

 

 

$

139,411

 

Total

 

 

2

 

 

 

340

 

 

$

240,000

 

 

$

139,411