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DEBT - Narrative (Details)
8 Months Ended
Dec. 31, 2018
USD ($)
property
loan
extension
Apr. 30, 2018
USD ($)
Apr. 30, 2017
USD ($)
Line of Credit Facility [Line Items]      
Number of apartment communities | property 87    
Number of real estate properties, unencumbered by mortgages | property 40    
Number of real estate properties, unencumbered used to provide credit support | property 32    
Amount available $ 6,000,000.0    
Revolving line of credit 57,500,000 $ 124,000,000 $ 57,050,000
Carrying principal value 648,474,000 706,140,000 $ 786,030,000
Domestic Line of Credit      
Line of Credit Facility [Line Items]      
Revolving line of credit $ 0 $ 0  
Domestic Line of Credit | Minimum | Base Rate      
Line of Credit Facility [Line Items]      
Interest rate spread (as a percent) 0.35%    
Domestic Line of Credit | Minimum | London Interbank Offered Rate (LIBOR)      
Line of Credit Facility [Line Items]      
Interest rate spread (as a percent) 1.35%    
Domestic Line of Credit | Maximum | Base Rate      
Line of Credit Facility [Line Items]      
Interest rate spread (as a percent) 8.50%    
Domestic Line of Credit | Maximum | London Interbank Offered Rate (LIBOR)      
Line of Credit Facility [Line Items]      
Interest rate spread (as a percent) 1.90%    
Multifamily      
Line of Credit Facility [Line Items]      
Number of apartment communities, serving as collateral for mortgage loans | property 51    
Mortgages      
Line of Credit Facility [Line Items]      
Number of loans in default | loan 0    
Weighted average interest rate (in hundredths) 4.58% 4.69% 4.71%
Mortgages | Minimum      
Line of Credit Facility [Line Items]      
Interest rate 3.47%    
Mortgages | Maximum      
Line of Credit Facility [Line Items]      
Interest rate 6.66%    
Line of Credit      
Line of Credit Facility [Line Items]      
Term 1 year    
Construction Debt      
Line of Credit Facility [Line Items]      
Carrying principal value     $ 41,700,000
Weighted average interest rate (in hundredths)     3.27%
BMO Line of Credit | Line of Credit      
Line of Credit Facility [Line Items]      
Amount available $ 250,000,000.0 $ 300,000,000.0 $ 206,000,000
Revolving line of credit   $ 124,000,000 $ 57,100,000
Number of extensions | extension 1    
Extension term 12 months    
BMO Line of Credit | Domestic Line of Credit      
Line of Credit Facility [Line Items]      
Amount available $ 232,500,000.0    
Remaining borrowing capacity 175,000,000    
Revolving line of credit $ 57,500,000    
Interest rate (in hundredths) 3.72%    
Term Loan Maturing 2024 | Unsecured Debt      
Line of Credit Facility [Line Items]      
Original principal balance $ 70,000,000    
Term Loan Maturing 2025 | Unsecured Debt      
Line of Credit Facility [Line Items]      
Original principal balance $ 75,000,000    
Long-term debt, term 7 years