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Real Estate Acquisitions and Dispositions | 12 Months Ended
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Dec. 31, 2020
Real Estate [Abstract] |
Real Estate Acquisitions and Dispositions |
14. | Real Estate Acquisitions and Dispositions
The following table reflects the Company’s acquisition activity for the year ended December 31, 2020:
Land Acquisitions |  | Market |  | Acres |  | Date Acquired
MAA Windmill Hill |  | Austin, TX |  | 22 |  | January 2020
MAA Central Park |  | Denver, CO |  | 27 |  | November 2020
Novel Val Vista (1) |  | Phoenix, AZ |  | 13 |  | December 2020
(1) | This pre-purchase multifamily community development is being developed through a joint venture with a local developer. The Company owns 80% of the joint venture that owns this property.
The following table reflects the Company’s disposition activity for the year ended December 31, 2020:
Land Disposition |  | Market |  | Units |  | Date Sold
Colonial Promenade |  | Huntsville, AL |  | 27 |  | September 2020

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- Definition The entire disclosure for business combinations, including leverage buyout transactions (as applicable), and divestitures. This may include a description of a business combination or divestiture (or series of individually immaterial business combinations or divestitures) completed during the period, including background, timing, and assets and liabilities recognized and reclassified or sold. This element does not include fixed asset sales and plant closings. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=2122178 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -URI http://asc.fasb.org/topic&trid=2303972 + Details
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