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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Revenues        
Rental $ 77,081 $ 70,499 $ 152,736 $ 139,592
Other property revenues 4,873 4,698 9,272 8,920
Other 206 227 428 443
Total revenues 82,160 75,424 162,436 148,955
Expenses        
Property operating and maintenance (exclusive of items shown separately below) 35,231 33,206 69,868 65,823
Depreciation 19,497 18,808 38,838 37,560
General and administrative 3,883 4,246 8,168 8,362
Investment and development 322 296 802 774
Other investment costs 306 455 612 949
Total expenses 59,239 57,011 118,288 113,468
Operating income 22,921 18,413 44,148 35,487
Interest income 288 516 339 608
Interest expense (11,103) (14,437) (22,748) (28,912)
Amortization of deferred financing costs (698) (721) (1,359) (1,368)
Net gains on condominium sales activities 8,530 5,432 15,434 6,176
Equity in income of unconsolidated real estate entities, net 495 346 6,941 555
Other income, net 737 285 581 301
Net loss on extinguishment of indebtedness     (301)  
Net income 21,170 9,834 43,035 12,847
Noncontrolling interests - consolidated real estate entities (35) (58) (41) (47)
Noncontrolling interests - Operating Partnership (56) (30) (115) (29)
Net income available to the Company 21,079 9,746 42,879 12,771
Distributions to preferred unitholders (922) (922) (1,844) (2,611)
Preferred stock redemption costs       (1,757)
Net income available to common shareholders 20,157 8,824 41,035 8,403
Per common share data - Basic        
Net income available to common shareholders $ 0.37 $ 0.18 $ 0.77 $ 0.17
Weighted average common shares outstanding - basic 53,773 49,875 53,430 49,460
Per common share data - Diluted        
Net income available to common shareholders $ 0.37 $ 0.17 $ 0.76 $ 0.17
Weighted average common shares outstanding - diluted 54,096 50,266 53,799 49,854
Post Apartment Homes, L.P. [Member]
       
Revenues        
Rental 77,081 70,499 152,736 139,592
Other property revenues 4,873 4,698 9,272 8,920
Other 206 227 428 443
Total revenues 82,160 75,424 162,436 148,955
Expenses        
Property operating and maintenance (exclusive of items shown separately below) 35,231 33,206 69,868 65,823
Depreciation 19,497 18,808 38,838 37,560
General and administrative 3,883 4,246 8,168 8,362
Investment and development 322 296 802 774
Other investment costs 306 455 612 949
Total expenses 59,239 57,011 118,288 113,468
Operating income 22,921 18,413 44,148 35,487
Interest income 288 516 339 608
Interest expense (11,103) (14,437) (22,748) (28,912)
Amortization of deferred financing costs (698) (721) (1,359) (1,368)
Net gains on condominium sales activities 8,530 5,432 15,434 6,176
Equity in income of unconsolidated real estate entities, net 495 346 6,941 555
Other income, net 737 285 581 301
Net loss on extinguishment of indebtedness     (301)  
Net income 21,170 9,834 43,035 12,847
Noncontrolling interests - consolidated real estate entities (35) (58) (41) (47)
Net income available to the Company 21,135 9,776 42,994 12,800
Distributions to preferred unitholders (922) (922) (1,844) (2,611)
Preferred stock redemption costs       (1,757)
Net income available to common shareholders $ 20,213 $ 8,854 $ 41,150 $ 8,432
Per common share data - Basic        
Net income available to common shareholders $ 0.37 $ 0.18 $ 0.77 $ 0.17
Weighted average common shares outstanding - basic 53,923 50,044 53,581 49,630
Per common share data - Diluted        
Net income available to common shareholders $ 0.37 $ 0.17 $ 0.76 $ 0.17
Weighted average common shares outstanding - diluted 54,246 50,435 53,950 50,024