XML 99 R83.htm IDEA: XBRL DOCUMENT v3.24.0.1
Schedule III Real Estate and Accumulated Depreciation - Summary of Properties (Details)
$ in Thousands
12 Months Ended
Dec. 31, 2023
USD ($)
property
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]        
Number of Properties | property 84,378      
Number of Encumbered Properties | property 13,900      
Encumbrances $ 2,035,986      
Initial Cost to Company        
Land 4,881,890      
Depreciable Properties   14,001,973      
Cost Capitalized Subsequent to Acquisition        
Land 0      
Depreciable Properties 2,668,033      
Gross Amount at Close of Period        
Land 4,881,890      
Depreciable Properties   16,670,006      
Total 21,551,896 $ 20,700,935 $ 20,008,381 $ 18,801,750
Accumulated Depreciation   $ (4,262,682) $ (3,670,561) $ (3,073,059) $ (2,513,057)
Number of units owned | property 84,567      
Number of units classified in other assets, net | property 189      
Number of encumbered units held for sale | property 13      
Amount of encumbrances held for sale $ 1,960      
Federal income tax basis $ 19,800,000      
Atlanta        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]        
Number of Properties | property 12,708      
Number of Encumbered Properties | property 2,566      
Encumbrances $ 289,591      
Initial Cost to Company        
Land 335,731      
Depreciable Properties   1,718,453      
Cost Capitalized Subsequent to Acquisition        
Land 0      
Depreciable Properties 358,899      
Gross Amount at Close of Period        
Land 335,731      
Depreciable Properties   2,077,352      
Total 2,413,083      
Accumulated Depreciation   $ (563,862)      
Carolinas        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]        
Number of Properties | property 5,490      
Number of Encumbered Properties | property 1,098      
Encumbrances $ 153,342      
Initial Cost to Company        
Land 204,200      
Depreciable Properties   912,329      
Cost Capitalized Subsequent to Acquisition        
Land 0      
Depreciable Properties 146,760      
Gross Amount at Close of Period        
Land 204,200      
Depreciable Properties   1,059,089      
Total 1,263,289      
Accumulated Depreciation   $ (241,358)      
Chicago        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]        
Number of Properties | property 2,488      
Number of Encumbered Properties | property 0      
Encumbrances $ 0      
Initial Cost to Company        
Land 125,730      
Depreciable Properties   309,516      
Cost Capitalized Subsequent to Acquisition        
Land 0      
Depreciable Properties 124,900      
Gross Amount at Close of Period        
Land 125,730      
Depreciable Properties   434,416      
Total 560,146      
Accumulated Depreciation   $ (144,910)      
Dallas        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]        
Number of Properties | property 2,983      
Number of Encumbered Properties | property 882      
Encumbrances $ 102,753      
Initial Cost to Company        
Land 145,215      
Depreciable Properties   540,050      
Cost Capitalized Subsequent to Acquisition        
Land 0      
Depreciable Properties 64,743      
Gross Amount at Close of Period        
Land 145,215      
Depreciable Properties   604,793      
Total 750,008      
Accumulated Depreciation   $ (108,034)      
Denver        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]        
Number of Properties | property 2,581      
Number of Encumbered Properties | property 842      
Encumbrances $ 122,585      
Initial Cost to Company        
Land 232,338      
Depreciable Properties   636,652      
Cost Capitalized Subsequent to Acquisition        
Land 0      
Depreciable Properties 93,954      
Gross Amount at Close of Period        
Land 232,338      
Depreciable Properties   730,606      
Total 962,944      
Accumulated Depreciation   $ (135,473)      
Houston        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]        
Number of Properties | property 2,341      
Number of Encumbered Properties | property 576      
Encumbrances $ 45,598      
Initial Cost to Company        
Land 79,242      
Depreciable Properties   362,332      
Cost Capitalized Subsequent to Acquisition        
Land 0      
Depreciable Properties 38,302      
Gross Amount at Close of Period        
Land 79,242      
Depreciable Properties   400,634      
Total 479,876      
Accumulated Depreciation   $ (76,290)      
Indianapolis        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]        
Number of Properties | property 45      
Number of Encumbered Properties | property 0      
Encumbrances $ 0      
Initial Cost to Company        
Land 2,983      
Depreciable Properties   8,880      
Cost Capitalized Subsequent to Acquisition        
Land 0      
Depreciable Properties 2      
Gross Amount at Close of Period        
Land 2,983      
Depreciable Properties   8,882      
Total 11,865      
Accumulated Depreciation   $ (141)      
Jacksonville        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]        
Number of Properties | property 1,994      
Number of Encumbered Properties | property 274      
Encumbrances $ 43,910      
Initial Cost to Company        
Land 94,649      
Depreciable Properties   261,712      
Cost Capitalized Subsequent to Acquisition        
Land 0      
Depreciable Properties 69,937      
Gross Amount at Close of Period        
Land 94,649      
Depreciable Properties   331,649      
Total 426,298      
Accumulated Depreciation   $ (107,299)      
Las Vegas        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]        
Number of Properties | property 3,418      
Number of Encumbered Properties | property 862      
Encumbrances $ 127,722      
Initial Cost to Company        
Land 161,569      
Depreciable Properties   702,562      
Cost Capitalized Subsequent to Acquisition        
Land 0      
Depreciable Properties 85,150      
Gross Amount at Close of Period        
Land 161,569      
Depreciable Properties   787,712      
Total 949,281      
Accumulated Depreciation   $ (162,761)      
Memphis        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]        
Number of Properties | property 21      
Number of Encumbered Properties | property 0      
Encumbrances $ 0      
Initial Cost to Company        
Land 752      
Depreciable Properties   4,916      
Cost Capitalized Subsequent to Acquisition        
Land 0      
Depreciable Properties 3      
Gross Amount at Close of Period        
Land 752      
Depreciable Properties   4,919      
Total 5,671      
Accumulated Depreciation   $ (75)      
Minneapolis        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]        
Number of Properties | property 1,073      
Number of Encumbered Properties | property 5      
Encumbrances $ 619      
Initial Cost to Company        
Land 63,462      
Depreciable Properties   131,402      
Cost Capitalized Subsequent to Acquisition        
Land 0      
Depreciable Properties 62,338      
Gross Amount at Close of Period        
Land 63,462      
Depreciable Properties   193,740      
Total 257,202      
Accumulated Depreciation   $ (69,589)      
Nashville        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]        
Number of Properties | property 27      
Number of Encumbered Properties | property 0      
Encumbrances $ 0      
Initial Cost to Company        
Land 2,338      
Depreciable Properties   7,718      
Cost Capitalized Subsequent to Acquisition        
Land 0      
Depreciable Properties 190      
Gross Amount at Close of Period        
Land 2,338      
Depreciable Properties   7,908      
Total 10,246      
Accumulated Depreciation   $ (105)      
Northern California        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]        
Number of Properties | property 4,298      
Number of Encumbered Properties | property 755      
Encumbrances $ 139,584      
Initial Cost to Company        
Land 353,502      
Depreciable Properties   797,661      
Cost Capitalized Subsequent to Acquisition        
Land 0      
Depreciable Properties 165,887      
Gross Amount at Close of Period        
Land 353,502      
Depreciable Properties   963,548      
Total 1,317,050      
Accumulated Depreciation   $ (264,083)      
Orlando        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]        
Number of Properties | property 6,716      
Number of Encumbered Properties | property 1,165      
Encumbrances $ 156,230      
Initial Cost to Company        
Land 249,409      
Depreciable Properties   1,033,740      
Cost Capitalized Subsequent to Acquisition        
Land 0      
Depreciable Properties 198,101      
Gross Amount at Close of Period        
Land 249,409      
Depreciable Properties   1,231,841      
Total 1,481,250      
Accumulated Depreciation   $ (307,487)      
Phoenix        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]        
Number of Properties | property 9,223      
Number of Encumbered Properties | property 1,556      
Encumbrances $ 228,451      
Initial Cost to Company        
Land 429,149      
Depreciable Properties   1,371,037      
Cost Capitalized Subsequent to Acquisition        
Land 0      
Depreciable Properties 255,225      
Gross Amount at Close of Period        
Land 429,149      
Depreciable Properties   1,626,262      
Total 2,055,411      
Accumulated Depreciation   $ (374,272)      
Seattle        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]        
Number of Properties | property 4,038      
Number of Encumbered Properties | property 148      
Encumbrances $ 32,721      
Initial Cost to Company        
Land 331,366      
Depreciable Properties   746,882      
Cost Capitalized Subsequent to Acquisition        
Land 0      
Depreciable Properties 201,520      
Gross Amount at Close of Period        
Land 331,366      
Depreciable Properties   948,402      
Total 1,279,768      
Accumulated Depreciation   $ (235,147)      
South Florida        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]        
Number of Properties | property 8,267      
Number of Encumbered Properties | property 579      
Encumbrances $ 127,399      
Initial Cost to Company        
Land 714,913      
Depreciable Properties   1,518,011      
Cost Capitalized Subsequent to Acquisition        
Land 0      
Depreciable Properties 271,065      
Gross Amount at Close of Period        
Land 714,913      
Depreciable Properties   1,789,076      
Total 2,503,989      
Accumulated Depreciation   $ (526,271)      
Southern California        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]        
Number of Properties | property 7,505      
Number of Encumbered Properties | property 1,265      
Encumbrances $ 279,865      
Initial Cost to Company        
Land 960,066      
Depreciable Properties   1,434,776      
Cost Capitalized Subsequent to Acquisition        
Land 0      
Depreciable Properties 269,348      
Gross Amount at Close of Period        
Land 960,066      
Depreciable Properties   1,704,124      
Total 2,664,190      
Accumulated Depreciation   $ (510,300)      
Tampa        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]        
Number of Properties | property 9,162      
Number of Encumbered Properties | property 1,327      
Encumbrances $ 185,616      
Initial Cost to Company        
Land 395,276      
Depreciable Properties   1,503,344      
Cost Capitalized Subsequent to Acquisition        
Land 0      
Depreciable Properties 261,709      
Gross Amount at Close of Period        
Land 395,276      
Depreciable Properties   1,765,053      
Total 2,160,329      
Accumulated Depreciation   $ (435,225)      
Minimum | Atlanta        
Gross Amount at Close of Period        
Depreciable Period 7 years      
Minimum | Carolinas        
Gross Amount at Close of Period        
Depreciable Period 7 years      
Minimum | Chicago        
Gross Amount at Close of Period        
Depreciable Period 7 years      
Minimum | Dallas        
Gross Amount at Close of Period        
Depreciable Period 7 years      
Minimum | Denver        
Gross Amount at Close of Period        
Depreciable Period 7 years      
Minimum | Houston        
Gross Amount at Close of Period        
Depreciable Period 7 years      
Minimum | Indianapolis        
Gross Amount at Close of Period        
Depreciable Period 7 years      
Minimum | Jacksonville        
Gross Amount at Close of Period        
Depreciable Period 7 years      
Minimum | Las Vegas        
Gross Amount at Close of Period        
Depreciable Period 7 years      
Minimum | Memphis        
Gross Amount at Close of Period        
Depreciable Period 7 years      
Minimum | Minneapolis        
Gross Amount at Close of Period        
Depreciable Period 7 years      
Minimum | Nashville        
Gross Amount at Close of Period        
Depreciable Period 7 years      
Minimum | Northern California        
Gross Amount at Close of Period        
Depreciable Period 7 years      
Minimum | Orlando        
Gross Amount at Close of Period        
Depreciable Period 7 years      
Minimum | Phoenix        
Gross Amount at Close of Period        
Depreciable Period 7 years      
Minimum | Seattle        
Gross Amount at Close of Period        
Depreciable Period 7 years      
Minimum | South Florida        
Gross Amount at Close of Period        
Depreciable Period 7 years      
Minimum | Southern California        
Gross Amount at Close of Period        
Depreciable Period 7 years      
Minimum | Tampa        
Gross Amount at Close of Period        
Depreciable Period 7 years      
Maximum | Atlanta        
Gross Amount at Close of Period        
Depreciable Period 32 years      
Maximum | Carolinas        
Gross Amount at Close of Period        
Depreciable Period 32 years      
Maximum | Chicago        
Gross Amount at Close of Period        
Depreciable Period 32 years      
Maximum | Dallas        
Gross Amount at Close of Period        
Depreciable Period 32 years      
Maximum | Denver        
Gross Amount at Close of Period        
Depreciable Period 32 years      
Maximum | Houston        
Gross Amount at Close of Period        
Depreciable Period 32 years      
Maximum | Indianapolis        
Gross Amount at Close of Period        
Depreciable Period 32 years      
Maximum | Jacksonville        
Gross Amount at Close of Period        
Depreciable Period 32 years      
Maximum | Las Vegas        
Gross Amount at Close of Period        
Depreciable Period 32 years      
Maximum | Memphis        
Gross Amount at Close of Period        
Depreciable Period 32 years      
Maximum | Minneapolis        
Gross Amount at Close of Period        
Depreciable Period 32 years      
Maximum | Nashville        
Gross Amount at Close of Period        
Depreciable Period 32 years      
Maximum | Northern California        
Gross Amount at Close of Period        
Depreciable Period 32 years      
Maximum | Orlando        
Gross Amount at Close of Period        
Depreciable Period 32 years      
Maximum | Phoenix        
Gross Amount at Close of Period        
Depreciable Period 32 years      
Maximum | Seattle        
Gross Amount at Close of Period        
Depreciable Period 32 years      
Maximum | South Florida        
Gross Amount at Close of Period        
Depreciable Period 32 years      
Maximum | Southern California        
Gross Amount at Close of Period        
Depreciable Period 32 years      
Maximum | Tampa        
Gross Amount at Close of Period        
Depreciable Period 32 years