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FAIR VALUE OF DERIVATIVES AND FINANCIAL INSTRUMENTS (Details) - USD ($)
$ in Thousands
9 Months Ended 12 Months Ended
Sep. 30, 2022
Dec. 31, 2021
Fair Value    
Notes receivable, net $ 40,128 $ 26,860
Debt instruments - fair value    
Redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership 920,311 $ 1,299,442
Transfers between levels of fair value hierarchy $ 0  
Equity Securities    
Debt instruments - fair value    
Percentage Of illiquidity discount 15.00% 15.00%
Carrying (Reported) Amount, Fair Value Disclosure | Fair Value, Measurements, Recurring    
Estimated fair values of the financial instruments either recorded or disclosed on a recurring basis    
Notes receivable $ 40,128 $ 26,860
Total assets 63,909 33,369
Debt instruments - fair value    
Total liabilities 5,654,309 5,443,393
Redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership 920,311 1,299,442
Carrying (Reported) Amount, Fair Value Disclosure | Interest rate contracts | Fair Value, Measurements, Recurring    
Estimated fair values of the financial instruments either recorded or disclosed on a recurring basis    
Derivative Asset Designated as Hedging Instrument, Fair Value 16,117 3,279
Carrying (Reported) Amount, Fair Value Disclosure | Equity Securities | Fair Value, Measurements, Recurring    
Estimated fair values of the financial instruments either recorded or disclosed on a recurring basis    
Equity securities 7,664 3,230
Estimate of Fair Value, Fair Value Disclosure | Fair Value, Measurements, Recurring    
Estimated fair values of the financial instruments either recorded or disclosed on a recurring basis    
Notes receivable 41,275 27,372
Total assets 65,056 33,881
Debt instruments - fair value    
Total liabilities 4,758,062 5,508,491
Redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership 920,311 1,299,442
Estimate of Fair Value, Fair Value Disclosure | Interest rate contracts | Fair Value, Measurements, Recurring    
Estimated fair values of the financial instruments either recorded or disclosed on a recurring basis    
Derivative Asset Designated as Hedging Instrument, Fair Value 16,117 3,279
Estimate of Fair Value, Fair Value Disclosure | Equity Securities | Fair Value, Measurements, Recurring    
Estimated fair values of the financial instruments either recorded or disclosed on a recurring basis    
Equity securities 7,664 3,230
Estimate of Fair Value, Fair Value Disclosure | Level 1 | Fair Value, Measurements, Recurring    
Estimated fair values of the financial instruments either recorded or disclosed on a recurring basis    
Total assets 7,664  
Estimate of Fair Value, Fair Value Disclosure | Level 1 | Equity Securities | Fair Value, Measurements, Recurring    
Estimated fair values of the financial instruments either recorded or disclosed on a recurring basis    
Equity securities 7,664  
Estimate of Fair Value, Fair Value Disclosure | Level 2 | Fair Value, Measurements, Recurring    
Estimated fair values of the financial instruments either recorded or disclosed on a recurring basis    
Total assets 16,117 3,279
Debt instruments - fair value    
Redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership 920,311 1,299,442
Estimate of Fair Value, Fair Value Disclosure | Level 2 | Interest rate contracts | Fair Value, Measurements, Recurring    
Estimated fair values of the financial instruments either recorded or disclosed on a recurring basis    
Derivative Asset Designated as Hedging Instrument, Fair Value 16,117 3,279
Estimate of Fair Value, Fair Value Disclosure | Level 3 | Fair Value, Measurements, Recurring    
Estimated fair values of the financial instruments either recorded or disclosed on a recurring basis    
Notes receivable 41,275 27,372
Total assets 41,275 30,602
Debt instruments - fair value    
Total liabilities 4,758,062 5,508,491
Estimate of Fair Value, Fair Value Disclosure | Level 3 | Equity Securities | Fair Value, Measurements, Recurring    
Estimated fair values of the financial instruments either recorded or disclosed on a recurring basis    
Equity securities   3,230
Unsecured Debt | Carrying (Reported) Amount, Fair Value Disclosure | Fair Value, Measurements, Recurring    
Debt instruments - fair value    
Fair value 4,131,556 4,133,083
Unsecured Debt | Estimate of Fair Value, Fair Value Disclosure | Fair Value, Measurements, Recurring    
Debt instruments - fair value    
Fair value 3,366,736 4,199,363
Unsecured Debt | Estimate of Fair Value, Fair Value Disclosure | Level 3 | Fair Value, Measurements, Recurring    
Debt instruments - fair value    
Fair value 3,366,736 4,199,363
Unsecured Debt | Working capital credit facility | Carrying (Reported) Amount, Fair Value Disclosure | Fair Value, Measurements, Recurring    
Debt instruments - fair value    
Fair value 41,181 29,546
Unsecured Debt | Working capital credit facility | Estimate of Fair Value, Fair Value Disclosure | Fair Value, Measurements, Recurring    
Debt instruments - fair value    
Fair value 41,181 29,546
Unsecured Debt | Working capital credit facility | Estimate of Fair Value, Fair Value Disclosure | Level 3 | Fair Value, Measurements, Recurring    
Debt instruments - fair value    
Fair value 41,181 29,546
Unsecured Debt | Commercial Paper | Carrying (Reported) Amount, Fair Value Disclosure | Fair Value, Measurements, Recurring    
Debt instruments - fair value    
Fair value 425,000 220,000
Unsecured Debt | Commercial Paper | Estimate of Fair Value, Fair Value Disclosure | Fair Value, Measurements, Recurring    
Debt instruments - fair value    
Fair value 425,000 220,000
Unsecured Debt | Commercial Paper | Estimate of Fair Value, Fair Value Disclosure | Level 3 | Fair Value, Measurements, Recurring    
Debt instruments - fair value    
Fair value 425,000 220,000
Fixed Rate Debt | Secured Debt | Mortgages Notes Payable | Carrying (Reported) Amount, Fair Value Disclosure | Fair Value, Measurements, Recurring    
Debt instruments - fair value    
Fair value 1,029,572 1,033,764
Fixed Rate Debt | Secured Debt | Mortgages Notes Payable | Estimate of Fair Value, Fair Value Disclosure | Fair Value, Measurements, Recurring    
Debt instruments - fair value    
Fair value 898,145 1,032,582
Fixed Rate Debt | Secured Debt | Mortgages Notes Payable | Estimate of Fair Value, Fair Value Disclosure | Level 3 | Fair Value, Measurements, Recurring    
Debt instruments - fair value    
Fair value 898,145 1,032,582
Variable Rate Debt | Secured Debt | Tax-exempt secured notes payable | Carrying (Reported) Amount, Fair Value Disclosure | Fair Value, Measurements, Recurring    
Debt instruments - fair value    
Fair value 27,000 27,000
Variable Rate Debt | Secured Debt | Tax-exempt secured notes payable | Estimate of Fair Value, Fair Value Disclosure | Fair Value, Measurements, Recurring    
Debt instruments - fair value    
Fair value 27,000 27,000
Variable Rate Debt | Secured Debt | Tax-exempt secured notes payable | Estimate of Fair Value, Fair Value Disclosure | Level 3 | Fair Value, Measurements, Recurring    
Debt instruments - fair value    
Fair value $ 27,000 $ 27,000