Commitments to Acquire/Dispose of Real Estate (Tables)

9 Months Ended

Sep. 30, 2014

Commitments to Acquire Dispose of Real Estate [Abstract]

Real Estate to be Acquired Table Text Block

The Company has entered into separate agreements to acquire the following (purchase price in thousands):

	Properties	Apartment Units	Purchase Price
Rental Properties	1	161	$	61,000
Land Parcel	—	—	3,300
Total	1	161	$	64,300

Real Estate To Be Disposed Of Text Block

the Company has entered into separate agreements to dispose of the following (sales price in thousands):

	Properties	Apartment Units	Sales Price
Rental Properties	3	529	$	124,400
Land Parcel	—	—	32,100
Total	3	529	$	156,500