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Summary of Investments in Real Estate (Parenthetical) (Detail)
$ in Thousands
Mar. 31, 2016
USD ($)
Property
Land
Dec. 31, 2015
USD ($)
Real Estate Properties [Line Items]    
Investments in real estate, Book Value $ 2,487,634 $ 2,517,645
Accumulated depreciation and amortization [1] 209,421 198,326
Multifamily    
Real Estate Properties [Line Items]    
Investments in real estate, Book Value [1] $ 1,820,062 1,842,704
Number of real estate properties held for sale | Property 4  
Carrying value of asset held for sale $ 36,301  
Parcels of land    
Real Estate Properties [Line Items]    
Investments in real estate, Book Value $ 50,613 50,448
Number of real estate properties held for sale | Land 1  
Carrying value of asset held for sale $ 1,470  
IRT    
Real Estate Properties [Line Items]    
Investments in real estate, Book Value 1,357,338 1,372,015
Accumulated depreciation and amortization $ 44,422 $ 39,638
IRT | Multifamily    
Real Estate Properties [Line Items]    
Number of real estate properties held for sale | Property 2  
Carrying value of asset held for sale $ 39,347  
[1] As of March 31, 2016, includes properties owned by Independence Realty Trust, Inc., or IRT, with a book value of $1,357,338 and accumulated depreciation of $44,422. As of December 31, 2015, includes properties owned by IRT, with a book value of $1,372,015 and accumulated depreciation of $39,638.