XML 83 R51.htm IDEA: XBRL DOCUMENT v2.4.0.8
Segment Information - Schedule of Segment's Contribution to Consolidated Revenues and Net Operating Income (Detail) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Segment Reporting Information [Line Items]        
Other revenues $ 229 $ 206 $ 443 $ 428
Revenues 90,484 82,160 178,013 162,436
Consolidated property net operating income 51,584 46,723 101,144 92,140
Interest income 23 288 59 339
Other revenues 229 206 443 428
Depreciation (21,345) (19,497) (42,466) (38,838)
Interest expense (11,130) (11,103) (22,272) (22,748)
Amortization of deferred financing costs (645) (698) (1,269) (1,359)
General and administrative (4,170) (3,883) (8,415) (8,168)
Investment and development (592) (322) (1,081) (802)
Other investment costs (516) (306) (821) (612)
Gains on condominium sales activities, net 13,981 8,530 22,175 15,434
Equity in income of unconsolidated real estate entities, net 477 495 955 6,941
Other income (expense), net (282) 737 (448) 581
Net loss on extinguishment of indebtedness       (301)
Net income 27,614 21,170 48,004 43,035
Fully Stabilized Communities [Member]
       
Segment Reporting Information [Line Items]        
Revenues 79,249 76,220 157,448 150,597
Consolidated property net operating income 48,871 46,785 96,879 92,435
Development and Lease-Up Communities [Member]
       
Segment Reporting Information [Line Items]        
Revenues 3,704 77 5,900 77
Consolidated property net operating income 1,661 (161) 2,307 (161)
Acquired Communities [Member]
       
Segment Reporting Information [Line Items]        
Revenues 1,845   3,374  
Consolidated property net operating income 1,147   2,224  
Other Property Segments, Including Corporate Management Expenses [Member]
       
Segment Reporting Information [Line Items]        
Revenues 5,457 5,657 10,848 11,334
Consolidated property net operating income $ (95) $ 99 $ (266) $ (134)