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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities    
Net income $ 63,912 $ 61,978
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization 192,727 184,662
Gain on sale of land 0 (382)
Distributions of income from joint ventures 4,046 4,039
Income (Loss) from Equity Method Investments [1] (4,112) [2] (3,755)
Share-based compensation 8,428 7,046
Net change in operating accounts and other (21,332) (3,414)
Net cash from operating activities 243,669 250,174
Cash flows from investing activities    
Development and capital improvements, including land (188,170) (199,598)
Acquisition of operating properties (289,447) 0
Proceeds from sale of land 0 753
Increase in non-real estate assets (4,054) (4,871)
Other (1,236) (1,920)
Net cash from investing activities (482,907) (205,636)
Cash flows from financing activities    
Borrowings on unsecured credit facility and other short-term borrowings 0 358,000
Repayments on unsecured credit facility and other short-term borrowings 0 (402,000)
Proceeds from notes payable 0 743,103
Distributions to common shareholders and non-controlling interests (168,429) (165,085)
Proceeds from issuance of common shares 358,843 0
Other 3,609 (378)
Net cash from financing activities 194,023 533,640
Net increase (decrease) in cash, cash equivalents, and restricted cash (45,215) 578,178
Cash, cash equivalents, and restricted cash, beginning of period 424,533 27,499
Cash, cash equivalents, and restricted cash, end of period 379,318 605,677
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents [Abstract]    
Cash and cash equivalents 374,556 601,584
Restricted cash 4,762 4,093
Total cash, cash equivalents, and restricted cash 379,318 605,677
Supplemental information    
Cash paid for interest, net of interest capitalized 47,733 40,551
Cash paid for income taxes 1,746 146
Supplemental schedule of noncash investing and financing activities    
Distributions declared but not paid 86,689 84,138
Value of shares issued under benefit plans, net of cancellations 18,498 20,117
Conversion of operating partnership units 0  
Accrual associated with construction and capital expenditures 23,916 27,259
Right-of-use assets obtained in exchange for the use of new operating lease liabilities 0 69
Conversion of operating partnership units 0  
Conversion of Stock, Name [Domain]    
Supplemental schedule of noncash investing and financing activities    
Conversion of operating partnership units 3,317 0
Conversion of operating partnership units $ 3,317 $ 0
[1] Equity in income excludes our ownership interest of fee income from various services provided by us to the Funds.
[2] Equity in income for the three and six months ended June 30, 2020 includes our ownership interest of the Resident Relief Funds payments of approximately $0.4 million.