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Real Estate (2020 Property Acquisitions and Dispositions) (Details)
3 Months Ended 12 Months Ended
Sep. 02, 2021
USD ($)
ft²
Jun. 14, 2021
USD ($)
ft²
Jun. 01, 2021
USD ($)
ft²
Apr. 30, 2021
USD ($)
ft²
Dec. 31, 2020
USD ($)
Feb. 12, 2020
USD ($)
ft²
Jan. 10, 2020
USD ($)
ft²
shares
Sep. 30, 2020
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Dec. 31, 2019
USD ($)
Sep. 01, 2020
USD ($)
Business Acquisition and Disposition                        
DownREIT Partnership Units, issued in acquisition | shares             163,322          
Mortgage loans assumed with acquisition [1]                 $ 0 $ 8,903,000 $ 98,041,000  
Impairment charge                 0 57,218,000 0  
Fair value of property         $ 57,000,000         57,000,000    
Gain on sale of real estate                 89,950,000 98,117,000 $ 116,393,000  
Chesterbrook                        
Business Acquisition and Disposition                        
Square footage of real estate property | ft² [2]       90,000                
Grossmont Center                        
Business Acquisition and Disposition                        
Square footage of real estate property | ft² [2]     933,000                  
Camelback Colonnade                        
Business Acquisition and Disposition                        
Square footage of real estate property | ft² [2]   642,000                    
Hilton Village                        
Business Acquisition and Disposition                        
Square footage of real estate property | ft² [2]   93,000                    
Twinbrooke Shopping Centre                        
Business Acquisition and Disposition                        
Square footage of real estate property | ft² 106,000                      
Two properties 2021                        
Business Acquisition and Disposition                        
Sales price of real estate                 141,600,000      
Gain on sale of real estate                 $ 88,300,000      
Fairfax Junction                        
Business Acquisition and Disposition                        
Square footage of real estate property | ft²             49,000          
Purchase price of real estate acquisition [3]             $ 22,300,000          
Hoboken                        
Business Acquisition and Disposition                        
Square footage of real estate property | ft²           12,000            
Purchase price of real estate acquisition [4]           $ 14,300,000            
The Shops at Sunset Place                        
Business Acquisition and Disposition                        
Impairment charge               $ 57,200,000        
Sales price of real estate         65,500,000              
Gain on sale of real estate         $ 9,200,000              
The Shops at Sunset Place | Nonrecourse | Mortgages                        
Business Acquisition and Disposition                        
Debt Instrument, Face Amount                       $ 60,600,000
Hoboken2Buildings | Mortgages                        
Business Acquisition and Disposition                        
Mortgage loans assumed with acquisition           8,900,000            
Three properties 2020                        
Business Acquisition and Disposition                        
Sales price of real estate                   186,100,000    
Gain on sale of real estate                   98,100,000    
Other Assets | Above Market Leases | Chesterbrook                        
Business Acquisition and Disposition                        
Above market leases       $ 600,000                
Other Assets | Above Market Leases | Grossmont Center                        
Business Acquisition and Disposition                        
Above market leases     $ 2,600,000                  
Other Assets | Above Market Leases | Hilton Village                        
Business Acquisition and Disposition                        
Above market leases   $ 1,100,000                    
Other Assets | Above Market Leases | Twinbrooke Shopping Centre                        
Business Acquisition and Disposition                        
Above market leases $ 300,000                      
Other Assets | Above Market Leases | Fairfax Junction                        
Business Acquisition and Disposition                        
Above market leases             500,000          
Other Assets | Above Market Leases | Hoboken                        
Business Acquisition and Disposition                        
Above market leases           100,000            
Other Liabilities | Chesterbrook                        
Business Acquisition and Disposition                        
Below market leases       $ 8,000,000                
Other Liabilities | Grossmont Center                        
Business Acquisition and Disposition                        
Below market leases     $ 14,700,000                  
Other Liabilities | Camelback Colonnade                        
Business Acquisition and Disposition                        
Below market leases   28,300,000                    
Other Liabilities | Hilton Village                        
Business Acquisition and Disposition                        
Below market leases   $ 3,600,000                    
Other Liabilities | Twinbrooke Shopping Centre                        
Business Acquisition and Disposition                        
Below market leases $ 2,700,000                      
Other Liabilities | Fairfax Junction                        
Business Acquisition and Disposition                        
Below market leases             $ 400,000          
Other Liabilities | Hoboken                        
Business Acquisition and Disposition                        
Below market leases           $ 3,300,000            
Condominiums | Pike & Rose                        
Business Acquisition and Disposition                        
Sales price of real estate                   $ 2,100,000    
Number of condominium units sold                   2    
[1] See our Annual Report on Form 10-K for the year ended December 31, 2020 for additional disclosures relating to the mortgages entered into and assumed as a result of the Hoboken acquisition
[2] These acquisitions were completed through newly formed joint ventures, for which we own the controlling interest listed above, and therefore, these properties are consolidated in our financial statements.
[3] ) This property is adjacent to, and is operated as part of the property acquired in 2019. The purchase price was paid with a combination of cash and the issuance of 163,322 downREIT operating partnership units. Approximately $0.5 million and $0.4 million of net assets acquired were allocated to other assets for "above market leases," and other liabilities for "below market leases," respectively.
[4] The purchase price includes the assumption of $8.9 million of mortgage debt, and is in addition to the 37 buildings previously acquired in 2019, and was completed through the same joint venture. Less than $0.1 million and approximately $3.3 million of net assets acquired were allocated to other assets for "above market leases," and other liabilities for "below market leases," respectively.