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Segment Reporting (Tables)
 12 Months Ended
Dec. 31, 2015
Segment Reporting [Abstract]  
Schedule of reconciliation of NOI to net income
A reconciliation of NOI to net income for years ended December 31, 2015, 2014 and 2013 is as follows (dollars in thousands):
 
For the year ended
 
12/31/15
 
12/31/14
 
12/31/13
Net income
$
741,733

 
$
697,327

 
$
352,771

Indirect operating expenses, net of corporate income
56,973

 
49,055

 
41,554

Investments and investment management expense
4,370

 
4,485

 
3,990

Expensed acquisition, development and other pursuit costs, net of recoveries
6,822

 
(3,717
)
 
45,050

Interest expense, net (1)
175,615

 
180,618

 
172,402

(Gain) loss on extinguishment of debt, net
(26,736
)
 
412

 
14,921

Loss on interest rate contract
—

 
—

 
51,000

General and administrative expense
42,396

 
41,425

 
39,573

Equity in (income) loss of unconsolidated entities
(70,018
)
 
(148,766
)
 
11,154

Depreciation expense (1)
477,923

 
442,682

 
560,215

Income tax expense
1,861

 
9,368

 
—

Casualty (gain) loss and impairment loss, net
(10,542
)
 
—

 
—

Gain on sale of real estate assets
(125,272
)
 
(85,415
)
 
(240
)
Gain on sale of discontinued operations
—

 
(37,869
)
 
(278,231
)
Income from discontinued operations
—

 
(310
)
 
(16,713
)
Net operating income from real estate assets sold or held for sale, not classified as discontinued operations
(10,920
)
 
(27,357
)
 
(31,388
)
Net operating income
$
1,264,205

 
$
1,121,938

 
$
966,058

_________________________________
(1)
Includes amounts associated with assets sold or held for sale, not classified as discontinued operations.
Schedule of net operating income from real estate assets sold or held for sale, not classified as discontinued operations
The following is a summary of NOI from real estate assets sold or held for sale, not classified as discontinued operations, for the periods presented (dollars in thousands):
 
For the year ended
 
12/31/2015
 
12/31/2014
 
12/31/2013
 
 
 
 
 
 
 Rental income from real estate assets sold or held for sale, not classified as discontinued operations
$
17,973

 
$
44,645

 
$
50,638

 Operating expenses real estate assets sold or held for sale, not classified as discontinued operations
(7,053
)
 
(17,288
)
 
(19,250
)
Net operating income from real estate assets sold or held for sale, not classified as discontinued operations
$
10,920

 
$
27,357

 
$
31,388
Schedule of details of segment information
 
Total
revenue
 
NOI
 
% NOI change
from prior year
 
Gross
real estate (1)
For the year ended December 31, 2015
 

 
 

 
 

 
 

Established
 

 
 

 
 

 
 

New England
$
190,802

 
$
120,026

 
2.8
 %
 
$
1,460,746

Metro NY/NJ
382,457

 
268,986

 
3.3
 %
 
3,152,361

Mid-Atlantic
209,013

 
145,497

 
0.2
 %
 
2,177,823

Pacific Northwest
76,589

 
54,751

 
8.2
 %
 
721,040

Northern California
273,432

 
210,226

 
11.9
 %
 
2,414,184

Southern California
252,530

 
173,919

 
9.4
 %
 
2,465,432

Total Established (2)
1,384,823

 
973,405

 
5.8
 %
 
12,391,586

 
 
 
 
 
 
 
 
Other Stabilized
221,063

 
145,170

 
N/A

 
2,040,269

Development / Redevelopment
222,222

 
145,630

 
N/A

 
4,238,967

Land Held for Future Development
N/A

 
N/A

 
N/A

 
484,377

Non-allocated (3)
9,947

 
N/A

 
N/A

 
73,372

Total
$
1,838,055

 
$
1,264,205

 
12.7
 %
 
$
19,228,571

 
 
 
 
 
 
 
 
For the year ended December 31, 2014 (4)
 

 
 

 
 

 
 

Established
 

 
 

 
 

 
 

New England
$
172,153

 
$
109,745

 
0.8
 %
 
$
1,333,854

Metro NY/NJ
305,496

 
215,239

 
3.1
 %
 
2,251,697

Mid-Atlantic
98,590

 
69,498

 
(2.5
)%
 
647,374

Pacific Northwest
54,230

 
37,637

 
7.0
 %
 
500,247

Northern California
174,527

 
132,899

 
8.2
 %
 
1,402,444

Southern California
139,841

 
95,626

 
5.2
 %
 
1,225,328

Total Established (2)
944,837

 
660,644

 
3.6
 %
 
7,360,944

 
 
 
 
 
 
 
 
Other Stabilized
497,677

 
343,415

 
N/A

 
6,057,783

Development / Redevelopment
186,852

 
117,879

 
N/A

 
3,972,180

Land Held for Future Development
N/A

 
N/A

 
N/A

 
180,516

Non-allocated (3)
11,050

 
N/A

 
N/A

 
32,444

Total
$
1,640,416

 
$
1,121,938

 
16.1
 %
 
$
17,603,867

 
 
 
 
 
 
 
 
For the year ended December 31, 2013
 

 
 

 
 

 
 

Established
 

 
 

 
 

 
 

New England
$
152,800

 
$
99,484

 
2.4
 %
 
$
1,189,040

Metro NY/NJ
236,920

 
164,827

 
4.6
 %
 
1,793,902

Mid-Atlantic
100,548

 
71,851

 
0.1
 %
 
633,598

Pacific Northwest
46,564

 
31,283

 
5.3
 %
 
444,825

Northern California
141,038

 
106,745

 
11.7
 %
 
1,233,851

Southern California
119,024

 
81,182

 
5.1
 %
 
1,058,883

Total Established (2)
796,894

 
555,372

 
5.0
 %
 
6,354,099

 
 
 
 
 
 
 
 
Other Stabilized
486,701

 
331,338

 
N/A

 
6,621,825

Development / Redevelopment
117,186

 
79,348

 
N/A

 
3,024,035

Land Held for Future Development
N/A

 
N/A

 
N/A

 
300,364

Non-allocated (3)
11,502

 
N/A

 
N/A

 
10,279

Total
$
1,412,283

 
$
966,058

 
47.2
 %
 
$
16,310,602

_________________________________
(1)
Does not include gross real estate assets held for sale of $39,528, $245,449 and $489,720 as of December 31, 2015, 2014 and 2013, respectively.
(2)
Gross real estate for the Company's Established Communities includes capitalized additions of approximately $74,982, $52,635 and $33,553 in 2015, 2014 and 2013, respectively.
(3)
Revenue represents third-party management, accounting, and developer fees and miscellaneous income which are not allocated to a reportable segment.