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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Operating Activities      
Net income/(loss) $ 357,159 $ 159,842 $ 46,282
Adjustments to reconcile net income/(loss) to net cash provided by operating activities:      
Deprecation and amortization 381,277 363,929 348,231
(Gain)/loss on the sale of real estate, net of tax 251,677 143,647 41,919
Impairment loss, net of tax 0 0 1,470
Tax benefit/(provision), net (3,886) (15,136) (7,299)
(Income)/loss from unconsolidated entities (62,329) 7,006 415
Amortization of share-based compensation 18,017 13,954 9,531
Other 6,612 13,104 15,025
Changes in operating assets and liabilities:      
Increase/(decrease) in operating assets (3,968) (1,074) (15,135)
Increase/(decrease) in operating liabilites (9,590) (5,618) (16,699)
Net cash provided by operating activities 431,615 392,360 339,902
Investing Activities      
Acquisition of real estate assets (net of liabilities assumed) and initial capital expenditures (244,769) (228,810) 0
Proceeds from sales of real estate investments, net 387,650 383,886 250,043
Development of real estate assets (103,205) (251,493) (280,603)
Capital expenditures and other major improvements - real estate assets, net of escrow reimbursement (113,400) (96,679) (153,676)
Capital expenditures - non-real estate assets (4,049) (5,497) (7,639)
Investment in unconsolidated joint ventures (217,642) (222,930) (43,291)
Distributions received from unconsolidated joint venture 59,291 59,199 130,984
(Issuance)/repayment of notes receivable (2,325) 68,664 (19,027)
Net cash provided by/(used in) investing activities (238,449) (293,660) (123,209)
Financing Activities      
Payments on secured debt (193,958) (80,961) (46,564)
Proceeds from the issuance of secured debt 127,600 5,502 0
Payments on unsecured debt (325,540) (312,500) (122,500)
Proceeds from the issuance of unsecured debt 299,310 298,956 299,943
Net proceeds/(repayment) of revolving bank debt (2,500) 152,500 (76,000)
Proceeds from the issuance of common shares through public offering, net 210,011 99,849 0
Distributions paid to non-controlling interests (10,654) (9,929) (9,348)
Distributions paid to preferred stockholders (3,722) (3,724) (3,724)
Distributions paid to common stockholders (283,168) (256,100) (231,822)
Other (19,027) (7,318) (8,544)
Net cash (used in)/provided by financing activities (201,648) (113,725) (198,559)
Net increase/(decrease) in cash and cash equivalents (8,482) (15,025) 18,134
Cash and cash equivalents, beginning of period 15,224 30,249 12,115
Cash and cash equivalents, end of period 6,742 15,224 30,249
Supplemental Information:      
Interest paid during the period, net of amounts capitalized 130,240 131,815 127,877
Non-cash transactions:      
Acquisition of communities in exchange for DownREIT units and assumption of debt 660,832 0 0
Secured debt assumed in the acquisitions of properties, including asset exchange 0 0 63,595
Fair Value Adjustment of Debt Assumed in Business Acquisition 1,363 0 0
Real estate acquired in asset exchange or upon consolidation of joint ventures 0 0 129,437
Real Estate Owned, Transfer to Real Estate Owned 0 54,938 175,951
Development costs and capital expenditures incurred buy not yet paid 20,375 34,746 37,220
Conversion of operating partnership non-controlling interests to common stock (112,174 shares in 2015; 153,451 shares in 2014; and 76,291 shares in 2013) 2011) 3,817 4,372 1,817
Unconsolidated Joint Venture Vitruvian Park [Member]      
Adjustments to reconcile net income/(loss) to net cash provided by operating activities:      
(Income)/loss from unconsolidated entities 3,711 4,068 2,851
1745 Shea [Member]      
Non-cash transactions:      
Secured debt assumed in the acquisitions of properties, including asset exchange $ 24,067 $ 0 $ 0