Segment Information (Tables)

12 Months Ended

Dec. 31, 2015

Segment Reporting [Abstract]

Schedule of Segment's Contribution to Consolidated Revenues and Net Operating Income

Asset cost, depreciation and amortization by segment are not presented because such information at the segment level is not reported internally.

	Year ended December 31,
	2015			2014			2013
Revenues
Fully stabilized communities	$	338,130		$	329,036		$	315,518
Newly stabilized communities		17,195			11,267			2,587
Lease-up communities		5,283			1,745			-
Held for sale and sold communities		—			14,168			23,025
Other property segments		22,189			20,604			20,735
Other		1,209			992			872
Consolidated revenues	$	384,006		$	377,812		$	362,737
Contribution to Property Net Operating Income
Fully stabilized communities	$	206,325		$	201,962			194,488
Newly stabilized communities		10,519			6,412			616
Lease-up communities		2,142			241			(7	)
Held for sale and sold communities		—			7,157			12,725
Other property segments, including corporate management expenses		(1,545	)		(1,911	)		(1,218	)
Consolidated property net operating income		217,441			213,861			206,604
Interest income		168			135			77
Other revenues		1,209			992			872
Depreciation		(87,458	)		(84,759	)		(85,608	)
Interest expense		(31,587	)		(40,286	)		(44,704	)
Amortization of deferred financing costs		(1,747	)		(2,282	)		(2,573	)
General and administrative		(18,558	)		(17,898	)		(17,245	)
Investment and development		(616	)		(2,366	)		(1,755	)
Other investment costs		(519	)		(768	)		(1,324	)
Severance, impairment and other		—			(2,266	)		(2,417	)
Equity in income of unconsolidated real estate entities, net		2,208			1,788			2,090
Net gains on condominium sales activities		—			2,545			27,944
Other income (expense), net		(1,026	)		19			(839	)
Net loss on extinguishment of indebtedness		(197	)		(18,357	)		-
Income from continuing operations, before gains on sales of real estate assets		79,318			50,358			81,122
Gains on sales of real estate assets, net		1,475			187,825			—
Income from discontinued operations		—			—			29,798
Net income	$	80,793		$	238,183		$	110,920