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v3.23.2

Significant Transactions During the Six Months Ended June 30, 2023 and Subsequent Events (Details) $ / shares in Units, $ in Millions | 1 Months Ended | 3 Months Ended | 6 Months Ended
--- | --- | --- | ---
Jul. 28, 2023 USD ($) | Jun. 30, 2023 USD ($) | May 31, 2023 USD ($) | Apr. 30, 2023 USD ($) apartment | Mar. 31, 2023 USD ($) apartment | May 31, 2024 USD ($) | Jun. 30, 2023 USD ($) $ / shares shares
Other Commitments [Line Items] |  |  |  |  |  |  |
Treasury stock acquired, average cost per share (in dollars per share) | $ / shares |  |  |  |  |  |  | $ 218.88
Secured Debt | Subsequent Event |  |  |  |  |  |  |
Other Commitments [Line Items] |  |  |  |  |  |  |
Secured loans | $ 298.0 |  |  |  |  |  |
Fixed interest rate term | 10 years |  |  |  |  |  |
Interest rate | 5.08% |  |  |  |  |  |
Unsecured debt |  |  |  |  |  |  |
Other Commitments [Line Items] |  |  |  |  |  |  |
Secured loans |  | $ 300.0 |  |  |  |  | $ 300.0
Repayments of unsecured debt |  |  | $ 300.0 |  |  |  |
Unsecured debt | Forecast |  |  |  |  |  |  |
Other Commitments [Line Items] |  |  |  |  |  |  |
Repayments of unsecured debt |  |  |  |  |  | $ 400.0 |
Preferred Equity Investment Property In Northern California |  |  |  |  |  |  |
Other Commitments [Line Items] |  |  |  |  |  |  |
Proceeds from dispositions of co-investments |  |  |  | $ 11.2 |  |  |
Preferred Equity Investment Property in Southern California |  |  |  |  |  |  |
Other Commitments [Line Items] |  |  |  |  |  |  |
Proceeds from dispositions of co-investments |  | 14.7 |  |  |  |  |
Early redemption fee |  | 0.3 |  |  |  |  |
Stock Repurchase Plan |  |  |  |  |  |  |
Other Commitments [Line Items] |  |  |  |  |  |  |
Shares repurchased and retired during period (in shares) | shares |  |  |  |  |  |  | 437,026
Shares repurchased and retired during period, value |  |  |  |  |  |  | $ 95.7
Purchase authority remaining under stock repurchase plan |  | 302.7 |  |  |  |  | 302.7
Stock repurchase plan amount |  | $ 500.0 |  |  |  |  | $ 500.0
Hacienda at Camarillo Oaks |  |  |  |  |  |  |
Other Commitments [Line Items] |  |  |  |  |  |  |
Number of units acquired | apartment |  |  |  | 73 |  |  |
Payments to acquire real estate |  |  |  | $ 23.1 |  |  |
CBC and The Sweeps |  |  |  |  |  |  |
Other Commitments [Line Items] |  |  |  |  |  |  |
Number of units acquired | apartment |  |  |  |  | 239 |  |
Payments to acquire real estate |  |  |  |  | $ 91.7 |  |
Gain on sale of properties |  |  |  |  | $ 54.5 |  |

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