Commitments to Acquire/Dispose of Real Estate

12 Months Ended

Dec. 31, 2018

Commitments To Acquire Dispose Of Real Estate [Abstract]

Commitments to Acquire/Dispose of Real Estate

5. Commitments to Acquire/Dispose of Real Estate

The Company has not entered into any separate agreements to acquire rental properties or land parcels as of the date of this filing.  

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

	Properties		Apartment Units		Sales Price
Rental Properties - Consolidated		1		266	$	237,500
Land Parcels (one)		—		—		1,900
Total		1		266	$	239,400

The closing of these pending transactions are subject to certain conditions and restrictions, therefore, there can be no assurance that these transactions will be consummated or that the final terms will not differ in material respects from those summarized above.  See Note 18 for discussion of the properties acquired or disposed of, if any, subsequent to December 31, 2018.