XML 42 R7.htm IDEA: XBRL DOCUMENT v3.2.0.727
Description of Business
6 Months Ended
Jun. 30, 2015
Description of Business [Abstract]  
Description of Business
1. Description of Business
Business. Formed on May 25, 1993, Camden Property Trust, a Texas real estate investment trust (“REIT”), is primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. Our multifamily apartment communities are referred to as “communities,” “multifamily communities,” “properties,” or “multifamily properties” in the following discussion. As of June 30, 2015, we owned interests in, operated, or were developing 181 multifamily properties comprised of 62,909 apartment homes across the United States. Of the 181 properties, 12 properties were under construction, and when completed will consist of a total of 4,229 apartment homes. We also own land holdings which we may develop into multifamily apartment communities in the future.