CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Revenues
Rental	$ 89,414	$ 83,953	$ 177,442	$ 165,279
Other property revenues	5,389	5,098	10,654	9,916
Other	223	229	442	443
Total revenues	95,026	89,280	188,538	175,638
Expenses
Property operating and maintenance (exclusive of items shown separately below)	41,795	38,173	82,391	75,457
Depreciation	20,829	21,170	42,596	42,114
General and administrative	3,966	4,170	8,094	8,415
Investment and development	794	592	1,605	1,081
Other investment costs	210	516	483	821
Other expenses	502		1,409
Total expenses	68,096	64,621	136,578	127,888
Operating income	26,930	24,659	51,960	47,750
Interest income	4	23	16	59
Interest expense	(10,433)	(11,042)	(21,677)	(22,094)
Amortization of deferred financing costs	(620)	(645)	(1,265)	(1,269)
Net gains on condominium sales activities		13,981	810	22,175
Equity in income of unconsolidated real estate entities, net	501	477	986	955
Other income (expense), net	(196)	(282)	(391)	(448)
Net loss on extinguishment of indebtedness	(4,287)		(4,287)
Income from continuing operations, before gains on sales of real estate assets	11,899	27,171	26,152	47,128
Gains on sales of real estate assets	36,092		36,092
Income from continuing operations	47,991	27,171	62,244	47,128
Discontinued operations
Income from discontinued property operations		443		876
Income from discontinued operations		443		876
Net income	47,991	27,614	62,244	48,004
Noncontrolling interests - consolidated real estate entities	(154)	(58)	(138)	(55)
Noncontrolling interests - Operating Partnership	(118)	(68)	(151)	(120)
Net income available	47,719	27,488	61,955	47,829
Distributions to preferred	(922)	(922)	(1,844)	(1,844)
Net income available to common shareholders	46,797	26,566	60,111	45,985
Per common share data - Basic
Income from continuing operations (net of preferred distributions)	$ 0.86	$ 0.48	$ 1.11	$ 0.83
Income from discontinued operations		$ 0.01		$ 0.02
Net income available to common shareholders	$ 0.86	$ 0.49	$ 1.11	$ 0.84
Weighted average common shares outstanding - basic	54,223	54,464	54,199	54,450
Per common share data - Diluted
Income from continuing operations (net of preferred distributions)	$ 0.86	$ 0.48	$ 1.10	$ 0.82
Income from discontinued operations		$ 0.01		$ 0.02
Net income available to common shareholders	$ 0.86	$ 0.48	$ 1.10	$ 0.84
Weighted average common shares outstanding - diluted	54,335	54,658	54,314	54,648
Post Apartment Homes, L.P. [Member]
Revenues
Rental	89,414	83,953	177,442	165,279
Other property revenues	5,389	5,098	10,654	9,916
Other	223	229	442	443
Total revenues	95,026	89,280	188,538	175,638
Expenses
Property operating and maintenance (exclusive of items shown separately below)	41,795	38,173	82,391	75,457
Depreciation	20,829	21,170	42,596	42,114
General and administrative	3,966	4,170	8,094	8,415
Investment and development	794	592	1,605	1,081
Other investment costs	210	516	483	821
Other expenses	502		1,409
Total expenses	68,096	64,621	136,578	127,888
Operating income	26,930	24,659	51,960	47,750
Interest income	4	23	16	59
Interest expense	(10,433)	(11,042)	(21,677)	(22,094)
Amortization of deferred financing costs	(620)	(645)	(1,265)	(1,269)
Net gains on condominium sales activities		13,981	810	22,175
Equity in income of unconsolidated real estate entities, net	501	477	986	955
Other income (expense), net	(196)	(282)	(391)	(448)
Net loss on extinguishment of indebtedness	(4,287)		(4,287)
Income from continuing operations, before gains on sales of real estate assets	11,899	27,171	26,152	47,128
Gains on sales of real estate assets	36,092		36,092
Income from continuing operations	47,991	27,171	62,244	47,128
Discontinued operations
Income from discontinued property operations		443		876
Income from discontinued operations		443		876
Net income	47,991	27,614	62,244	48,004
Noncontrolling interests - consolidated real estate entities	(154)	(58)	(138)	(55)
Net income available	47,837	27,556	62,106	47,949
Distributions to preferred	(922)	(922)	(1,844)	(1,844)
Net income available to common shareholders	$ 46,915	$ 26,634	$ 60,262	$ 46,105
Per common share data - Basic
Income from continuing operations (net of preferred distributions)	$ 0.86	$ 0.48	$ 1.11	$ 0.83
Income from discontinued operations		$ 0.01		$ 0.02
Net income available to common shareholders	$ 0.86	$ 0.49	$ 1.11	$ 0.84
Weighted average common shares outstanding - basic	54,358	54,607	54,334	54,593
Per common share data - Diluted
Income from continuing operations (net of preferred distributions)	$ 0.86	$ 0.48	$ 1.10	$ 0.82
Income from discontinued operations		$ 0.01		$ 0.02
Net income available to common shareholders	$ 0.86	$ 0.48	$ 1.10	$ 0.84
Weighted average common shares outstanding - diluted	54,470	54,801	54,449	54,791