Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2022

Commitments and Contingencies Disclosure [Abstract]

Summary of Real Estate Development Commitments

The following table summarizes the gross remaining total project costs for the Company’s projects under development at December 31, 2022 (total project costs remaining in thousands):

	Projects		Apartment Units		Total Project Costs Remaining (1)
Projects Under Development
Consolidated		2		537	$	147,708
Unconsolidated		6		1,982		358,277
Total Projects Under Development		8		2,519	$	505,985

(1)The Company's share of the $506.0 million in total project costs remaining approximates $146.4 million, with the balance funded by the Company's joint venture partners (approximately $11.2 million) and/or applicable construction loans (approximately $348.4 million).

Schedule of Contractual Obligations

The following table summarizes the Company’s contractual obligations for deferred compensation for the next five years and thereafter as of December 31, 2022:

	(Payments) Due by Year (in thousands)
	2023			2024			2025			2026			2027			Thereafter			Total
Other Long-Term Liabilities:
Deferred Compensation (1)	$	(666	)	$	(767	)	$	(767	)	$	(767	)	$	(767	)	$	(4,220	)	$	(7,954	)

(1)Estimated payments to the Company’s Chairman and one former executive officer based on actual and estimated retirement dates.