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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenues        
Rental $ 91,802 $ 90,751 $ 268,831 $ 268,193
Other property revenues 5,628 5,476 16,874 16,130
Other 337 234 924 676
Total revenues 97,767 96,461 286,629 284,999
Expenses        
Property operating and maintenance (exclusive of items shown separately below) 42,707 41,675 124,342 124,066
Depreciation 22,073 21,018 64,748 63,614
General and administrative 4,622 4,784 13,989 12,878
Investment and development 73 555 583 2,160
Other investment costs 165 224 453 707
Other expenses   344   1,753
Total expenses 69,640 68,600 204,115 205,178
Operating income 28,127 27,861 82,514 79,821
Interest income 34 78 158 94
Interest expense (7,927) (9,858) (23,773) (31,535)
Amortization of deferred financing costs (432) (588) (1,314) (1,853)
Equity in income of unconsolidated real estate entities, net 603 422 1,568 1,408
Gains on sales of real estate assets, net   152,785 1,475 189,687
Other income (expense), net (215) (195) (605) (586)
Net loss on extinguishment of indebtedness   (14,070) (197) (18,357)
Net income 20,190 156,435 59,826 218,679
Noncontrolling interests - consolidated real estate entities   (22,416)   (22,554)
Noncontrolling interests - Operating Partnership (43) (313) (126) (464)
Net income available to the Company 20,147 133,706 59,700 195,661
Dividends to preferred shareholders (922) (922) (2,766) (2,766)
Net income available to common shareholders $ 19,225 $ 132,784 $ 56,934 $ 192,895
Per common share data - Basic        
Net income available to common shareholders $ 0.35 $ 2.44 $ 1.04 $ 3.55
Weighted average common shares outstanding - basic 54,326 54,301 54,409 54,233
Per common share data - Diluted        
Net income available to common shareholders $ 0.35 $ 2.44 $ 1.04 $ 3.54
Weighted average common shares outstanding - diluted 54,342 54,373 54,425 54,336
Post Apartment Homes, L.P. [Member]        
Revenues        
Rental $ 91,802 $ 90,751 $ 268,831 $ 268,193
Other property revenues 5,628 5,476 16,874 16,130
Other 337 234 924 676
Total revenues 97,767 96,461 286,629 284,999
Expenses        
Property operating and maintenance (exclusive of items shown separately below) 42,707 41,675 124,342 124,066
Depreciation 22,073 21,018 64,748 63,614
General and administrative 4,622 4,784 13,989 12,878
Investment and development 73 555 583 2,160
Other investment costs 165 224 453 707
Other expenses   344   1,753
Total expenses 69,640 68,600 204,115 205,178
Operating income 28,127 27,861 82,514 79,821
Interest income 34 78 158 94
Interest expense (7,927) (9,858) (23,773) (31,535)
Amortization of deferred financing costs (432) (588) (1,314) (1,853)
Equity in income of unconsolidated real estate entities, net 603 422 1,568 1,408
Gains on sales of real estate assets, net   152,785 1,475 189,687
Other income (expense), net (215) (195) (605) (586)
Net loss on extinguishment of indebtedness   (14,070) (197) (18,357)
Net income 20,190 156,435 59,826 218,679
Noncontrolling interests - consolidated real estate entities   (22,416)   (22,554)
Net income available to the Company 20,190 134,019 59,826 196,125
Dividends to preferred shareholders (922) (922) (2,766) (2,766)
Net income available to common shareholders $ 19,268 $ 133,097 $ 57,060 $ 193,359
Per common share data - Basic        
Net income available to common shareholders $ 0.35 $ 2.44 $ 1.04 $ 3.55
Weighted average common shares outstanding - basic 54,447 54,431 54,530 54,366
Per common share data - Diluted        
Net income available to common shareholders $ 0.35 $ 2.44 $ 1.04 $ 3.54
Weighted average common shares outstanding - diluted 54,463 54,503 54,546 54,469