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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenues      
Rental $ 360,615 $ 355,583 $ 341,902
Other property revenues 22,182 21,237 19,963
Other 1,209 992 872
Total revenues 384,006 377,812 362,737
Expenses      
Property operating and maintenance (exclusive of items shown separately below) 165,356 162,959 155,261
Depreciation 87,458 84,759 85,608
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
Total expenses 272,507 271,016 263,610
Operating income 111,499 106,796 99,127
Interest income 168 135 77
Interest expense (31,587) (40,286) (44,704)
Amortization of deferred financing costs (1,747) (2,282) (2,573)
Net gains on condominium sales activities   2,545 27,944
Equity in income of unconsolidated real estate entities, net 2,208 1,788 2,090
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 continuing operations 80,793 238,183 81,122
Discontinued operations      
Income from discontinued property operations     1,418
Gains on sales of real estate assets     28,380
Income from discontinued operations     29,798
Net income 80,793 238,183 110,920
Noncontrolling interests - consolidated real estate entities   (22,554) (107)
Noncontrolling interests - Operating Partnership (170) (509) (279)
Net income available to the Company 80,623 215,120 110,534
Dividends to preferred shareholders (3,688) (3,688) (3,688)
Net income available to common shareholders $ 76,935 $ 211,432 $ 106,846
Per common share data - Basic      
Income from continuing operations (net of preferred dividends) $ 1.41 $ 3.89 $ 1.42
Income from discontinued operations     0.55
Net income available to common shareholders $ 1.41 $ 3.89 $ 1.96
Weighted average common shares outstanding - basic 54,290 54,262 54,336
Per common share data - Diluted      
Income from continuing operations (net of preferred dividends) $ 1.41 $ 3.88 $ 1.41
Income from discontinued operations     0.54
Net income available to common shareholders $ 1.41 $ 3.88 $ 1.96
Weighted average common shares outstanding - diluted 54,306 54,353 54,508
Post Apartment Homes, L.P. [Member]      
Revenues      
Rental $ 360,615 $ 355,583 $ 341,902
Other property revenues 22,182 21,237 19,963
Other 1,209 992 872
Total revenues 384,006 377,812 362,737
Expenses      
Property operating and maintenance (exclusive of items shown separately below) 165,356 162,959 155,261
Depreciation 87,458 84,759 85,608
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
Total expenses 272,507 271,016 263,610
Operating income 111,499 106,796 99,127
Interest income 168 135 77
Interest expense (31,587) (40,286) (44,704)
Amortization of deferred financing costs (1,747) (2,282) (2,573)
Net gains on condominium sales activities   2,545 27,944
Equity in income of unconsolidated real estate entities, net 2,208 1,788 2,090
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 continuing operations 80,793 238,183 81,122
Discontinued operations      
Income from discontinued property operations     1,418
Gains on sales of real estate assets     28,380
Income from discontinued operations     29,798
Net income 80,793 238,183 110,920
Noncontrolling interests - consolidated real estate entities   (22,554) (107)
Net income available to the Company 80,793 215,629 110,813
Dividends to preferred shareholders (3,688) (3,688) (3,688)
Net income available to common shareholders $ 77,105 $ 211,941 $ 107,125
Per common share data - Basic      
Income from continuing operations (net of preferred dividends) $ 1.41 $ 3.89 $ 1.42
Income from discontinued operations     0.55
Net income available to common shareholders $ 1.41 $ 3.89 $ 1.96
Weighted average common shares outstanding - basic 54,411 54,392 54,478
Per common share data - Diluted      
Income from continuing operations (net of preferred dividends) $ 1.41 $ 3.88 $ 1.41
Income from discontinued operations     0.54
Net income available to common shareholders $ 1.41 $ 3.88 $ 1.96
Weighted average common shares outstanding - diluted 54,427 54,483 54,650