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Business Combinations (Tables) | 12 Months Ended
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Dec. 31, 2016
Business Combinations [Abstract] |
Purchase Price Allocation Schedule |
Land | $ | 875,737 |
Buildings and improvements | 3,401,983 |
Furniture, fixtures and equipment | 81,389 |
Development and capital improvements in progress | 184,044 |
Undeveloped land | 24,200 |
Commercial properties, net | 3,610 |
Investment in real estate joint venture | 44,435 |
Lease intangible assets | 53,192 |
Cash and cash equivalents | 34,292 |
Restricted cash | 3,608 |
Deferred costs and other assets, excluding lease intangible assets | 40,473 |
Total assets acquired | 4,746,963 |
Notes payable | (595,609) |
Fair market value of interest rate swaps | (2,118) |
Lease intangible liabilities | (1,661) |
Accounts payable, accrued expenses, and other liabilities | (138,683) |
Total liabilities assumed, including debt | (738,071 | )
Noncontrolling interests - consolidated real estate entity | (2,306 | )
Total purchase price | $ | 4,006,586 |

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