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Real Estate Acquisitions and Dispositions (Tables) | 12 Months Ended
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Dec. 31, 2021
Real Estate [Abstract] |
Schedule of Real Estate Asset Acquisitions and Dispositions | The following table reflects the Company’s acquisition activity for the year ended December 31, 2021:
Multifamily Development Acquisitions |  | Market |  | Units (1) |  | Date Acquired
Novel Daybreak (2) |  | Salt Lake City, UT |  | 400 |  | April 2021
Novel West Midtown (2) |  | Atlanta, GA |  | 340 |  | April 2021
(1) Represents number of units upon completion of the development. (2) 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.
Land Acquisition |  | Market |  | Acres |  | Date Acquired
MAA Westshore |  | Tampa, FL |  | 19 |  | June 2021
The following table reflects the Company’s disposition activity for the year ended December 31, 2021:
Multifamily Dispositions |  | Market |  | Units |  | Date Sold
Crosswinds |  | Jackson, MS |  | 360 |  | June 2021
Pear Orchard |  | Jackson, MS |  | 389 |  | June 2021
Reflection Pointe |  | Jackson, MS |  | 296 |  | June 2021
Lakeshore Landing |  | Jackson, MS |  | 196 |  | June 2021
MAA Timbercrest |  | Charlotte, NC |  | 282 |  | November 2021
Colonial Village at Greentree |  | Savannah, GA |  | 194 |  | November 2021
Colonial Village at Marsh Cove |  | Savannah, GA |  | 188 |  | November 2021
Land Dispositions |  | Market |  | Acres |  | Date Sold
Colonial Promenade |  | Huntsville, AL |  | 1 |  | September 2021
Tutwiler |  | Birmingham, AL |  | 9 |  | September 2021
Colonial Grand at Sweetwater |  | Phoenix, AZ |  | 5 |  | October 2021
Colonial Grand at Traditions |  | Gulf Shores, AL |  | 118 |  | December 2021
Colonial Grand at Thunderbird |  | Phoenix, AZ |  | 9 |  | December 2021

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