REAL ESTATE AND ACCUMULATED DEPRECIATION (Details) $ in Thousands	Dec. 31, 2017 USD ($) home	Dec. 31, 2016 USD ($)	Dec. 31, 2015 USD ($)	Dec. 31, 2014 USD ($)
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	81,517
Initial Cost
Land and improvements	$ 4,305,682
Building / Construction in Progress & Improvements	14,684,237
Costs Subsequent to Acquisition / Construction	2,946,017
Total Cost
Land	4,305,682
Building / Construction in Progress & Improvements	17,630,254
Total	21,935,936	$ 20,776,626	$ 19,268,099	$ 17,849,316
Accumulated Depreciation	4,218,379	3,743,632	$ 3,325,790	$ 2,913,576
Total Cost, Net of Accumulated Depreciation	17,717,557	17,032,994
Encumbrances	$ 7,404,313
Current Communities
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	75,238
Initial Cost
Land and improvements	$ 4,175,565
Building / Construction in Progress & Improvements	14,353,940
Costs Subsequent to Acquisition / Construction	1,711,986
Total Cost
Land	4,175,565
Building / Construction in Progress & Improvements	16,065,926
Total	20,241,491
Accumulated Depreciation	4,169,850
Total Cost, Net of Accumulated Depreciation	16,071,641	15,721,244
Encumbrances	$ 1,504,313
Current Communities | Avalon at Lexington [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	198
Initial Cost
Land and improvements	$ 2,124
Building / Construction in Progress & Improvements	12,567
Costs Subsequent to Acquisition / Construction	10,093
Total Cost
Land	2,124
Building / Construction in Progress & Improvements	22,660
Total	24,784
Accumulated Depreciation	14,080
Total Cost, Net of Accumulated Depreciation	10,704	11,290
Encumbrances	$ 0
Current Communities | Avalon Oaks [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	204
Initial Cost
Land and improvements	$ 2,129
Building / Construction in Progress & Improvements	17,567
Costs Subsequent to Acquisition / Construction	5,488
Total Cost
Land	2,129
Building / Construction in Progress & Improvements	23,055
Total	25,184
Accumulated Depreciation	13,755
Total Cost, Net of Accumulated Depreciation	11,429	12,153
Encumbrances	$ 0
Current Communities | Eaves Quincy [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	245
Initial Cost
Land and improvements	$ 1,743
Building / Construction in Progress & Improvements	14,662
Costs Subsequent to Acquisition / Construction	10,184
Total Cost
Land	1,743
Building / Construction in Progress & Improvements	24,846
Total	26,589
Accumulated Depreciation	14,456
Total Cost, Net of Accumulated Depreciation	12,133	12,799
Encumbrances	$ 0
Current Communities | Avalon Oaks West [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	120
Initial Cost
Land and improvements	$ 3,318
Building / Construction in Progress & Improvements	13,465
Costs Subsequent to Acquisition / Construction	1,224
Total Cost
Land	3,318
Building / Construction in Progress & Improvements	14,689
Total	18,007
Accumulated Depreciation	8,054
Total Cost, Net of Accumulated Depreciation	9,953	10,442
Encumbrances	$ 15,213
Current Communities | Avalon Orchards [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	156
Initial Cost
Land and improvements	$ 2,983
Building / Construction in Progress & Improvements	17,970
Costs Subsequent to Acquisition / Construction	2,702
Total Cost
Land	2,983
Building / Construction in Progress & Improvements	20,672
Total	23,655
Accumulated Depreciation	11,463
Total Cost, Net of Accumulated Depreciation	12,192	12,865
Encumbrances	$ 15,579
Current Communities | Avalon at Newton Highlands [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	294
Initial Cost
Land and improvements	$ 11,039
Building / Construction in Progress & Improvements	45,547
Costs Subsequent to Acquisition / Construction	5,196
Total Cost
Land	11,039
Building / Construction in Progress & Improvements	50,743
Total	61,782
Accumulated Depreciation	25,369
Total Cost, Net of Accumulated Depreciation	36,413	37,670
Encumbrances	$ 0
Current Communities | Avalon at the Pinehills [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	192
Initial Cost
Land and improvements	$ 6,876
Building / Construction in Progress & Improvements	30,401
Costs Subsequent to Acquisition / Construction	721
Total Cost
Land	6,876
Building / Construction in Progress & Improvements	31,122
Total	37,998
Accumulated Depreciation	11,155
Total Cost, Net of Accumulated Depreciation	26,843	27,716
Encumbrances	$ 0
Current Communities | Eaves Peabody [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	286
Initial Cost
Land and improvements	$ 4,645
Building / Construction in Progress & Improvements	18,919
Costs Subsequent to Acquisition / Construction	13,420
Total Cost
Land	4,645
Building / Construction in Progress & Improvements	32,339
Total	36,984
Accumulated Depreciation	13,190
Total Cost, Net of Accumulated Depreciation	23,794	24,329
Encumbrances	$ 0
Current Communities | Avalon at Bedford Center [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	139
Initial Cost
Land and improvements	$ 4,258
Building / Construction in Progress & Improvements	20,551
Costs Subsequent to Acquisition / Construction	1,457
Total Cost
Land	4,258
Building / Construction in Progress & Improvements	22,008
Total	26,266
Accumulated Depreciation	8,923
Total Cost, Net of Accumulated Depreciation	17,343	17,570
Encumbrances	$ 0
Current Communities | Avalon at Lexington Hills [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	387
Initial Cost
Land and improvements	$ 8,691
Building / Construction in Progress & Improvements	79,121
Costs Subsequent to Acquisition / Construction	4,158
Total Cost
Land	8,691
Building / Construction in Progress & Improvements	83,279
Total	91,970
Accumulated Depreciation	28,415
Total Cost, Net of Accumulated Depreciation	63,555	66,241
Encumbrances	$ 0
Current Communities | Avalon Acton [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	380
Initial Cost
Land and improvements	$ 13,124
Building / Construction in Progress & Improvements	48,695
Costs Subsequent to Acquisition / Construction	3,504
Total Cost
Land	13,124
Building / Construction in Progress & Improvements	52,199
Total	65,323
Accumulated Depreciation	17,459
Total Cost, Net of Accumulated Depreciation	47,864	49,275
Encumbrances	$ 45,000
Current Communities | Avalon at the Hingham Shipyard [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	235
Initial Cost
Land and improvements	$ 12,218
Building / Construction in Progress & Improvements	41,656
Costs Subsequent to Acquisition / Construction	2,412
Total Cost
Land	12,218
Building / Construction in Progress & Improvements	44,068
Total	56,286
Accumulated Depreciation	13,882
Total Cost, Net of Accumulated Depreciation	42,404	43,641
Encumbrances	$ 0
Current Communities | Avalon Sharon [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	156
Initial Cost
Land and improvements	$ 4,719
Building / Construction in Progress & Improvements	25,478
Costs Subsequent to Acquisition / Construction	892
Total Cost
Land	4,719
Building / Construction in Progress & Improvements	26,370
Total	31,089
Accumulated Depreciation	8,759
Total Cost, Net of Accumulated Depreciation	22,330	22,960
Encumbrances	$ 0
Current Communities | Avalon Northborough [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	382
Initial Cost
Land and improvements	$ 8,144
Building / Construction in Progress & Improvements	52,184
Costs Subsequent to Acquisition / Construction	1,691
Total Cost
Land	8,144
Building / Construction in Progress & Improvements	53,875
Total	62,019
Accumulated Depreciation	14,899
Total Cost, Net of Accumulated Depreciation	47,120	48,460
Encumbrances	$ 0
Current Communities | Avalon Blue Hills [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	276
Initial Cost
Land and improvements	$ 11,110
Building / Construction in Progress & Improvements	34,580
Costs Subsequent to Acquisition / Construction	1,549
Total Cost
Land	11,110
Building / Construction in Progress & Improvements	36,129
Total	47,239
Accumulated Depreciation	10,781
Total Cost, Net of Accumulated Depreciation	36,458	37,314
Encumbrances	$ 0
Current Communities | Avalon Cohasset [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	220
Initial Cost
Land and improvements	$ 8,802
Building / Construction in Progress & Improvements	46,166
Costs Subsequent to Acquisition / Construction	259
Total Cost
Land	8,802
Building / Construction in Progress & Improvements	46,425
Total	55,227
Accumulated Depreciation	9,890
Total Cost, Net of Accumulated Depreciation	45,337	46,935
Encumbrances	$ 0
Current Communities | Avalon Andover [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	115
Initial Cost
Land and improvements	$ 4,276
Building / Construction in Progress & Improvements	21,871
Costs Subsequent to Acquisition / Construction	210
Total Cost
Land	4,276
Building / Construction in Progress & Improvements	22,081
Total	26,357
Accumulated Depreciation	4,527
Total Cost, Net of Accumulated Depreciation	21,830	22,625
Encumbrances	$ 13,498
Current Communities | Avalon Exeter [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	187
Initial Cost
Land and improvements	$ 16,313
Building / Construction in Progress & Improvements	110,028
Costs Subsequent to Acquisition / Construction	214
Total Cost
Land	16,313
Building / Construction in Progress & Improvements	110,242
Total	126,555
Accumulated Depreciation	13,672
Total Cost, Net of Accumulated Depreciation	112,883	116,744
Encumbrances	$ 0
Current Communities | Avalon Natick [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	407
Initial Cost
Land and improvements	$ 15,645
Building / Construction in Progress & Improvements	64,845
Costs Subsequent to Acquisition / Construction	34
Total Cost
Land	15,645
Building / Construction in Progress & Improvements	64,879
Total	80,524
Accumulated Depreciation	10,430
Total Cost, Net of Accumulated Depreciation	70,094	72,419
Encumbrances	$ 48,870
Current Communities | Avalon at Assembly Row [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	195
Initial Cost
Land and improvements	$ 8,599
Building / Construction in Progress & Improvements	52,494
Costs Subsequent to Acquisition / Construction	26
Total Cost
Land	8,599
Building / Construction in Progress & Improvements	52,520
Total	61,119
Accumulated Depreciation	6,780
Total Cost, Net of Accumulated Depreciation	54,339	56,030
Encumbrances	$ 0
Current Communities | AVA Somerville [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	250
Initial Cost
Land and improvements	$ 10,945
Building / Construction in Progress & Improvements	56,470
Costs Subsequent to Acquisition / Construction	12
Total Cost
Land	10,945
Building / Construction in Progress & Improvements	56,482
Total	67,427
Accumulated Depreciation	6,208
Total Cost, Net of Accumulated Depreciation	61,219	63,066
Encumbrances	$ 0
Current Communities | Avalon at Prudential Center I [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	243
Initial Cost
Land and improvements	$ 8,002
Building / Construction in Progress & Improvements	32,370
Costs Subsequent to Acquisition / Construction	38,384
Total Cost
Land	8,002
Building / Construction in Progress & Improvements	70,754
Total	78,756
Accumulated Depreciation	28,947
Total Cost, Net of Accumulated Depreciation	49,809	47,586
Encumbrances	$ 0
Current Communities | Eaves Burlington [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	203
Initial Cost
Land and improvements	$ 7,714
Building / Construction in Progress & Improvements	32,499
Costs Subsequent to Acquisition / Construction	6,512
Total Cost
Land	7,714
Building / Construction in Progress & Improvements	39,011
Total	46,725
Accumulated Depreciation	6,538
Total Cost, Net of Accumulated Depreciation	40,187	41,107
Encumbrances	$ 0
Current Communities | Avalon Canton at Blue Hills [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	196
Initial Cost
Land and improvements	$ 6,562
Building / Construction in Progress & Improvements	33,956
Costs Subsequent to Acquisition / Construction	132
Total Cost
Land	6,562
Building / Construction in Progress & Improvements	34,088
Total	40,650
Accumulated Depreciation	4,503
Total Cost, Net of Accumulated Depreciation	36,147	37,391
Encumbrances	$ 0
Current Communities | Avalon Burlington [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	312
Initial Cost
Land and improvements	$ 15,600
Building / Construction in Progress & Improvements	58,499
Costs Subsequent to Acquisition / Construction	18,176
Total Cost
Land	15,600
Building / Construction in Progress & Improvements	76,675
Total	92,275
Accumulated Depreciation	13,196
Total Cost, Net of Accumulated Depreciation	79,079	81,135
Encumbrances	$ 0
Current Communities | Eaves North Quincy [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	224
Initial Cost
Land and improvements	$ 11,940
Building / Construction in Progress & Improvements	39,400
Costs Subsequent to Acquisition / Construction	3,544
Total Cost
Land	11,940
Building / Construction in Progress & Improvements	42,944
Total	54,884
Accumulated Depreciation	9,297
Total Cost, Net of Accumulated Depreciation	45,587	46,492
Encumbrances	$ 0
Current Communities | Avalon at Center Place [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	225
Initial Cost
Land and improvements	$ 0
Building / Construction in Progress & Improvements	26,816
Costs Subsequent to Acquisition / Construction	13,271
Total Cost
Land	0
Building / Construction in Progress & Improvements	40,087
Total	40,087
Accumulated Depreciation	24,342
Total Cost, Net of Accumulated Depreciation	15,745	15,575
Encumbrances	$ 0
Current Communities | Eaves Stamford [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	238
Initial Cost
Land and improvements	$ 5,956
Building / Construction in Progress & Improvements	23,993
Costs Subsequent to Acquisition / Construction	13,117
Total Cost
Land	5,956
Building / Construction in Progress & Improvements	37,110
Total	43,066
Accumulated Depreciation	24,215
Total Cost, Net of Accumulated Depreciation	18,851	20,058
Encumbrances	$ 0
Current Communities | Avalon Wilton on River Rd [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	102
Initial Cost
Land and improvements	$ 2,116
Building / Construction in Progress & Improvements	14,664
Costs Subsequent to Acquisition / Construction	6,422
Total Cost
Land	2,116
Building / Construction in Progress & Improvements	21,086
Total	23,202
Accumulated Depreciation	12,077
Total Cost, Net of Accumulated Depreciation	11,125	11,314
Encumbrances	$ 0
Current Communities | Avalon New Canaan [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	104
Initial Cost
Land and improvements	$ 4,834
Building / Construction in Progress & Improvements	22,990
Costs Subsequent to Acquisition / Construction	2,163
Total Cost
Land	4,834
Building / Construction in Progress & Improvements	25,153
Total	29,987
Accumulated Depreciation	13,192
Total Cost, Net of Accumulated Depreciation	16,795	17,589
Encumbrances	$ 0
Current Communities | AVA Stamford [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	306
Initial Cost
Land and improvements	$ 13,819
Building / Construction in Progress & Improvements	56,499
Costs Subsequent to Acquisition / Construction	5,887
Total Cost
Land	13,819
Building / Construction in Progress & Improvements	62,386
Total	76,205
Accumulated Depreciation	32,700
Total Cost, Net of Accumulated Depreciation	43,505	45,461
Encumbrances	$ 0
Current Communities | Avalon Darien [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	189
Initial Cost
Land and improvements	$ 6,926
Building / Construction in Progress & Improvements	34,558
Costs Subsequent to Acquisition / Construction	2,734
Total Cost
Land	6,926
Building / Construction in Progress & Improvements	37,292
Total	44,218
Accumulated Depreciation	18,089
Total Cost, Net of Accumulated Depreciation	26,129	27,188
Encumbrances	$ 0
Current Communities | Avalon Norwalk [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	311
Initial Cost
Land and improvements	$ 11,320
Building / Construction in Progress & Improvements	62,904
Costs Subsequent to Acquisition / Construction	887
Total Cost
Land	11,320
Building / Construction in Progress & Improvements	63,791
Total	75,111
Accumulated Depreciation	16,187
Total Cost, Net of Accumulated Depreciation	58,924	60,986
Encumbrances	$ 0
Current Communities | Avalon Wilton on Danbury Rd [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	100
Initial Cost
Land and improvements	$ 6,604
Building / Construction in Progress & Improvements	23,758
Costs Subsequent to Acquisition / Construction	150
Total Cost
Land	6,604
Building / Construction in Progress & Improvements	23,908
Total	30,512
Accumulated Depreciation	5,573
Total Cost, Net of Accumulated Depreciation	24,939	25,681
Encumbrances	$ 0
Current Communities | Avalon Shelton [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	250
Initial Cost
Land and improvements	$ 7,749
Building / Construction in Progress & Improvements	40,264
Costs Subsequent to Acquisition / Construction	88
Total Cost
Land	7,749
Building / Construction in Progress & Improvements	40,352
Total	48,101
Accumulated Depreciation	6,697
Total Cost, Net of Accumulated Depreciation	41,404	42,826
Encumbrances	$ 0
Current Communities | Avalon East Norwalk [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	240
Initial Cost
Land and improvements	$ 10,395
Building / Construction in Progress & Improvements	36,245
Costs Subsequent to Acquisition / Construction	119
Total Cost
Land	10,395
Building / Construction in Progress & Improvements	36,364
Total	46,759
Accumulated Depreciation	5,670
Total Cost, Net of Accumulated Depreciation	41,089	42,317
Encumbrances	$ 0
Current Communities | Avalon at Stratford [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	130
Initial Cost
Land and improvements	$ 2,564
Building / Construction in Progress & Improvements	27,157
Costs Subsequent to Acquisition / Construction	33
Total Cost
Land	2,564
Building / Construction in Progress & Improvements	27,190
Total	29,754
Accumulated Depreciation	3,274
Total Cost, Net of Accumulated Depreciation	26,480	27,424
Encumbrances	$ 0
Current Communities | Avalon Riverview [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	372
Initial Cost
Land and improvements	$ 0
Building / Construction in Progress & Improvements	94,061
Costs Subsequent to Acquisition / Construction	9,867
Total Cost
Land	0
Building / Construction in Progress & Improvements	103,928
Total	103,928
Accumulated Depreciation	52,510
Total Cost, Net of Accumulated Depreciation	51,418	54,912
Encumbrances	$ 0
Current Communities | Avalon Bowery Place I [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	206
Initial Cost
Land and improvements	$ 18,575
Building / Construction in Progress & Improvements	75,009
Costs Subsequent to Acquisition / Construction	2,890
Total Cost
Land	18,575
Building / Construction in Progress & Improvements	77,899
Total	96,474
Accumulated Depreciation	30,174
Total Cost, Net of Accumulated Depreciation	66,300	68,882
Encumbrances	$ 93,800
Current Communities | Avalon Bowery Place II [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	90
Initial Cost
Land and improvements	$ 9,106
Building / Construction in Progress & Improvements	47,199
Costs Subsequent to Acquisition / Construction	3,811
Total Cost
Land	9,106
Building / Construction in Progress & Improvements	51,010
Total	60,116
Accumulated Depreciation	17,750
Total Cost, Net of Accumulated Depreciation	42,366	44,607
Encumbrances	$ 0
Current Communities | Avalon Morningside Park [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	295
Initial Cost
Land and improvements	$ 95,465
Building / Construction in Progress & Improvements	114,233
Costs Subsequent to Acquisition / Construction	1,580
Total Cost
Land	95,465
Building / Construction in Progress & Improvements	115,813
Total	211,278
Accumulated Depreciation	36,625
Total Cost, Net of Accumulated Depreciation	174,653	83,027
Encumbrances	$ 100,000
Current Communities | Avalon Fort Greene [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	631
Initial Cost
Land and improvements	$ 83,038
Building / Construction in Progress & Improvements	216,802
Costs Subsequent to Acquisition / Construction	2,052
Total Cost
Land	83,038
Building / Construction in Progress & Improvements	218,854
Total	301,892
Accumulated Depreciation	57,941
Total Cost, Net of Accumulated Depreciation	243,951	251,213
Encumbrances	$ 0
Current Communities | Avalon West Chelsea [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	305
Initial Cost
Land and improvements	$ 0
Building / Construction in Progress & Improvements	119,882
Costs Subsequent to Acquisition / Construction	243
Total Cost
Land	0
Building / Construction in Progress & Improvements	120,125
Total	120,125
Accumulated Depreciation	13,643
Total Cost, Net of Accumulated Depreciation	106,482	102,820
Encumbrances	$ 0
Current Communities | AVA High Line [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	405
Initial Cost
Land and improvements	$ 0
Building / Construction in Progress & Improvements	159,187
Costs Subsequent to Acquisition / Construction	33
Total Cost
Land	0
Building / Construction in Progress & Improvements	159,220
Total	159,220
Accumulated Depreciation	20,451
Total Cost, Net of Accumulated Depreciation	138,769	152,127
Encumbrances	$ 0
Current Communities | Avalon Clinton North [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	339
Initial Cost
Land and improvements	$ 84,069
Building / Construction in Progress & Improvements	105,821
Costs Subsequent to Acquisition / Construction	11,529
Total Cost
Land	84,069
Building / Construction in Progress & Improvements	117,350
Total	201,419
Accumulated Depreciation	23,412
Total Cost, Net of Accumulated Depreciation	178,007	180,740
Encumbrances	$ 147,000
Current Communities | Avalon Clinton South [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	288
Initial Cost
Land and improvements	$ 71,421
Building / Construction in Progress & Improvements	89,851
Costs Subsequent to Acquisition / Construction	6,181
Total Cost
Land	71,421
Building / Construction in Progress & Improvements	96,032
Total	167,453
Accumulated Depreciation	20,089
Total Cost, Net of Accumulated Depreciation	147,364	150,330
Encumbrances	$ 121,500
Current Communities | Avalon Commons [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	312
Initial Cost
Land and improvements	$ 4,679
Building / Construction in Progress & Improvements	28,286
Costs Subsequent to Acquisition / Construction	6,335
Total Cost
Land	4,679
Building / Construction in Progress & Improvements	34,621
Total	39,300
Accumulated Depreciation	22,581
Total Cost, Net of Accumulated Depreciation	16,719	17,712
Encumbrances	$ 0
Current Communities | Avalon Green I [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	105
Initial Cost
Land and improvements	$ 1,820
Building / Construction in Progress & Improvements	10,525
Costs Subsequent to Acquisition / Construction	7,522
Total Cost
Land	1,820
Building / Construction in Progress & Improvements	18,047
Total	19,867
Accumulated Depreciation	9,870
Total Cost, Net of Accumulated Depreciation	9,997	10,633
Encumbrances	$ 0
Current Communities | Avalon Court [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	494
Initial Cost
Land and improvements	$ 9,228
Building / Construction in Progress & Improvements	50,063
Costs Subsequent to Acquisition / Construction	6,681
Total Cost
Land	9,228
Building / Construction in Progress & Improvements	56,744
Total	65,972
Accumulated Depreciation	35,091
Total Cost, Net of Accumulated Depreciation	30,881	32,294
Encumbrances	$ 0
Current Communities | The Avalon [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	110
Initial Cost
Land and improvements	$ 2,889
Building / Construction in Progress & Improvements	28,324
Costs Subsequent to Acquisition / Construction	8,661
Total Cost
Land	2,889
Building / Construction in Progress & Improvements	36,985
Total	39,874
Accumulated Depreciation	19,772
Total Cost, Net of Accumulated Depreciation	20,102	21,064
Encumbrances	$ 0
Current Communities | Avalon at Glen Cove [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	256
Initial Cost
Land and improvements	$ 7,871
Building / Construction in Progress & Improvements	59,969
Costs Subsequent to Acquisition / Construction	4,245
Total Cost
Land	7,871
Building / Construction in Progress & Improvements	64,214
Total	72,085
Accumulated Depreciation	28,810
Total Cost, Net of Accumulated Depreciation	43,275	44,881
Encumbrances	$ 0
Current Communities | Avalon Glen Cove North [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	111
Initial Cost
Land and improvements	$ 2,577
Building / Construction in Progress & Improvements	37,336
Costs Subsequent to Acquisition / Construction	531
Total Cost
Land	2,577
Building / Construction in Progress & Improvements	37,867
Total	40,444
Accumulated Depreciation	13,875
Total Cost, Net of Accumulated Depreciation	26,569	27,768
Encumbrances	$ 0
Current Communities | Avalon White Plains [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	407
Initial Cost
Land and improvements	$ 15,391
Building / Construction in Progress & Improvements	137,353
Costs Subsequent to Acquisition / Construction	996
Total Cost
Land	15,391
Building / Construction in Progress & Improvements	138,349
Total	153,740
Accumulated Depreciation	41,499
Total Cost, Net of Accumulated Depreciation	112,241	116,188
Encumbrances	$ 0
Current Communities | Avalon Rockville Centre I [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	349
Initial Cost
Land and improvements	$ 32,212
Building / Construction in Progress & Improvements	78,806
Costs Subsequent to Acquisition / Construction	1,013
Total Cost
Land	32,212
Building / Construction in Progress & Improvements	79,819
Total	112,031
Accumulated Depreciation	17,284
Total Cost, Net of Accumulated Depreciation	94,747	97,195
Encumbrances	$ 0
Current Communities | Avalon Green II [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	444
Initial Cost
Land and improvements	$ 27,765
Building / Construction in Progress & Improvements	77,560
Costs Subsequent to Acquisition / Construction	223
Total Cost
Land	27,765
Building / Construction in Progress & Improvements	77,783
Total	105,548
Accumulated Depreciation	15,714
Total Cost, Net of Accumulated Depreciation	89,834	92,537
Encumbrances	$ 0
Current Communities | Avalon Garden City [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	204
Initial Cost
Land and improvements	$ 18,205
Building / Construction in Progress & Improvements	49,326
Costs Subsequent to Acquisition / Construction	416
Total Cost
Land	18,205
Building / Construction in Progress & Improvements	49,742
Total	67,947
Accumulated Depreciation	9,436
Total Cost, Net of Accumulated Depreciation	58,511	60,173
Encumbrances	$ 0
Current Communities | Avalon Ossining [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	168
Initial Cost
Land and improvements	$ 6,392
Building / Construction in Progress & Improvements	30,313
Costs Subsequent to Acquisition / Construction	0
Total Cost
Land	6,392
Building / Construction in Progress & Improvements	30,313
Total	36,705
Accumulated Depreciation	4,078
Total Cost, Net of Accumulated Depreciation	32,627	33,734
Encumbrances	$ 0
Current Communities | Avalon Huntington Station [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	303
Initial Cost
Land and improvements	$ 21,898
Building / Construction in Progress & Improvements	58,457
Costs Subsequent to Acquisition / Construction	0
Total Cost
Land	21,898
Building / Construction in Progress & Improvements	58,457
Total	80,355
Accumulated Depreciation	7,224
Total Cost, Net of Accumulated Depreciation	73,131	75,462
Encumbrances	$ 0
Current Communities | Avalon Westbury [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	396
Initial Cost
Land and improvements	$ 69,620
Building / Construction in Progress & Improvements	43,781
Costs Subsequent to Acquisition / Construction	10,941
Total Cost
Land	69,620
Building / Construction in Progress & Improvements	54,722
Total	124,342
Accumulated Depreciation	15,286
Total Cost, Net of Accumulated Depreciation	109,056	110,752
Encumbrances	$ 78,650
Current Communities | Avalon Cove [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	504
Initial Cost
Land and improvements	$ 8,760
Building / Construction in Progress & Improvements	82,422
Costs Subsequent to Acquisition / Construction	22,967
Total Cost
Land	8,760
Building / Construction in Progress & Improvements	105,389
Total	114,149
Accumulated Depreciation	64,885
Total Cost, Net of Accumulated Depreciation	49,264	51,954
Encumbrances	$ 0
Current Communities | Eaves Lawrenceville [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	632
Initial Cost
Land and improvements	$ 14,650
Building / Construction in Progress & Improvements	60,486
Costs Subsequent to Acquisition / Construction	11,899
Total Cost
Land	14,650
Building / Construction in Progress & Improvements	72,385
Total	87,035
Accumulated Depreciation	32,099
Total Cost, Net of Accumulated Depreciation	54,936	57,334
Encumbrances	$ 0
Current Communities | Avalon Princeton Junction [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	512
Initial Cost
Land and improvements	$ 5,585
Building / Construction in Progress & Improvements	22,382
Costs Subsequent to Acquisition / Construction	21,675
Total Cost
Land	5,585
Building / Construction in Progress & Improvements	44,057
Total	49,642
Accumulated Depreciation	26,010
Total Cost, Net of Accumulated Depreciation	23,632	24,587
Encumbrances	$ 0
Current Communities | Avalon Tinton Falls [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	216
Initial Cost
Land and improvements	$ 7,939
Building / Construction in Progress & Improvements	33,170
Costs Subsequent to Acquisition / Construction	520
Total Cost
Land	7,939
Building / Construction in Progress & Improvements	33,690
Total	41,629
Accumulated Depreciation	11,225
Total Cost, Net of Accumulated Depreciation	30,404	31,528
Encumbrances	$ 0
Current Communities | Avalon West Long Branch [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	180
Initial Cost
Land and improvements	$ 2,721
Building / Construction in Progress & Improvements	22,925
Costs Subsequent to Acquisition / Construction	136
Total Cost
Land	2,721
Building / Construction in Progress & Improvements	23,061
Total	25,782
Accumulated Depreciation	6,054
Total Cost, Net of Accumulated Depreciation	19,728	20,549
Encumbrances	$ 0
Current Communities | Avalon North Bergen [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	164
Initial Cost
Land and improvements	$ 8,984
Building / Construction in Progress & Improvements	30,994
Costs Subsequent to Acquisition / Construction	949
Total Cost
Land	8,984
Building / Construction in Progress & Improvements	31,943
Total	40,927
Accumulated Depreciation	6,495
Total Cost, Net of Accumulated Depreciation	34,432	35,686
Encumbrances	$ 0
Current Communities | Avalon at Wesmont Station I [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	266
Initial Cost
Land and improvements	$ 14,682
Building / Construction in Progress & Improvements	41,635
Costs Subsequent to Acquisition / Construction	1,101
Total Cost
Land	14,682
Building / Construction in Progress & Improvements	42,736
Total	57,418
Accumulated Depreciation	8,365
Total Cost, Net of Accumulated Depreciation	49,053	49,991
Encumbrances	$ 0
Current Communities | Avalon Hackensack at Riverside [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	226
Initial Cost
Land and improvements	$ 0
Building / Construction in Progress & Improvements	44,619
Costs Subsequent to Acquisition / Construction	128
Total Cost
Land	0
Building / Construction in Progress & Improvements	44,747
Total	44,747
Accumulated Depreciation	7,140
Total Cost, Net of Accumulated Depreciation	37,607	39,099
Encumbrances	$ 0
Current Communities | Avalon Somerset [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	384
Initial Cost
Land and improvements	$ 18,241
Building / Construction in Progress & Improvements	58,338
Costs Subsequent to Acquisition / Construction	226
Total Cost
Land	18,241
Building / Construction in Progress & Improvements	58,564
Total	76,805
Accumulated Depreciation	9,817
Total Cost, Net of Accumulated Depreciation	66,988	69,023
Encumbrances	$ 0
Current Communities | Avalon at Wesmont Station II [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	140
Initial Cost
Land and improvements	$ 6,502
Building / Construction in Progress & Improvements	16,865
Costs Subsequent to Acquisition / Construction	0
Total Cost
Land	6,502
Building / Construction in Progress & Improvements	16,865
Total	23,367
Accumulated Depreciation	2,865
Total Cost, Net of Accumulated Depreciation	20,502	21,131
Encumbrances	$ 0
Current Communities | Avalon Bloomingdale [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	174
Initial Cost
Land and improvements	$ 3,006
Building / Construction in Progress & Improvements	27,801
Costs Subsequent to Acquisition / Construction	71
Total Cost
Land	3,006
Building / Construction in Progress & Improvements	27,872
Total	30,878
Accumulated Depreciation	4,119
Total Cost, Net of Accumulated Depreciation	26,759	27,635
Encumbrances	$ 0
Current Communities | Avalon Wharton [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	247
Initial Cost
Land and improvements	$ 2,273
Building / Construction in Progress & Improvements	48,609
Costs Subsequent to Acquisition / Construction	98
Total Cost
Land	2,273
Building / Construction in Progress & Improvements	48,707
Total	50,980
Accumulated Depreciation	5,167
Total Cost, Net of Accumulated Depreciation	45,813	47,455
Encumbrances	$ 0
Current Communities | Avalon Roseland [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	136
Initial Cost
Land and improvements	$ 11,288
Building / Construction in Progress & Improvements	34,928
Costs Subsequent to Acquisition / Construction	0
Total Cost
Land	11,288
Building / Construction in Progress & Improvements	34,928
Total	46,216
Accumulated Depreciation	3,260
Total Cost, Net of Accumulated Depreciation	42,956	44,078
Encumbrances	$ 0
Current Communities | Avalon at Foxhall [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	308
Initial Cost
Land and improvements	$ 6,848
Building / Construction in Progress & Improvements	27,614
Costs Subsequent to Acquisition / Construction	15,456
Total Cost
Land	6,848
Building / Construction in Progress & Improvements	43,070
Total	49,918
Accumulated Depreciation	29,439
Total Cost, Net of Accumulated Depreciation	20,479	20,360
Encumbrances	$ 0
Current Communities | Avalon at Gallery Place [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	203
Initial Cost
Land and improvements	$ 8,800
Building / Construction in Progress & Improvements	39,658
Costs Subsequent to Acquisition / Construction	2,167
Total Cost
Land	8,800
Building / Construction in Progress & Improvements	41,825
Total	50,625
Accumulated Depreciation	21,005
Total Cost, Net of Accumulated Depreciation	29,620	31,047
Encumbrances	$ 0
Current Communities | AVA H Street [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	138
Initial Cost
Land and improvements	$ 7,425
Building / Construction in Progress & Improvements	25,282
Costs Subsequent to Acquisition / Construction	44
Total Cost
Land	7,425
Building / Construction in Progress & Improvements	25,326
Total	32,751
Accumulated Depreciation	4,717
Total Cost, Net of Accumulated Depreciation	28,034	28,998
Encumbrances	$ 0
Current Communities | Avalon The Albemarle [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	231
Initial Cost
Land and improvements	$ 25,140
Building / Construction in Progress & Improvements	52,459
Costs Subsequent to Acquisition / Construction	6,592
Total Cost
Land	25,140
Building / Construction in Progress & Improvements	59,051
Total	84,191
Accumulated Depreciation	12,774
Total Cost, Net of Accumulated Depreciation	71,417	72,134
Encumbrances	$ 0
Current Communities | Eaves Tunlaw Gardens [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	166
Initial Cost
Land and improvements	$ 16,430
Building / Construction in Progress & Improvements	22,902
Costs Subsequent to Acquisition / Construction	2,344
Total Cost
Land	16,430
Building / Construction in Progress & Improvements	25,246
Total	41,676
Accumulated Depreciation	5,727
Total Cost, Net of Accumulated Depreciation	35,949	36,751
Encumbrances	$ 0
Current Communities | The Statesman [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	281
Initial Cost
Land and improvements	$ 38,140
Building / Construction in Progress & Improvements	35,352
Costs Subsequent to Acquisition / Construction	4,111
Total Cost
Land	38,140
Building / Construction in Progress & Improvements	39,463
Total	77,603
Accumulated Depreciation	9,916
Total Cost, Net of Accumulated Depreciation	67,687	68,834
Encumbrances	$ 0
Current Communities | Eaves Glover Park [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	120
Initial Cost
Land and improvements	$ 9,580
Building / Construction in Progress & Improvements	26,532
Costs Subsequent to Acquisition / Construction	2,408
Total Cost
Land	9,580
Building / Construction in Progress & Improvements	28,940
Total	38,520
Accumulated Depreciation	6,575
Total Cost, Net of Accumulated Depreciation	31,945	32,944
Encumbrances	$ 0
Current Communities | Avalon First and M [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	469
Initial Cost
Land and improvements	$ 43,700
Building / Construction in Progress & Improvements	153,950
Costs Subsequent to Acquisition / Construction	3,195
Total Cost
Land	43,700
Building / Construction in Progress & Improvements	157,145
Total	200,845
Accumulated Depreciation	28,554
Total Cost, Net of Accumulated Depreciation	172,291	177,621
Encumbrances	$ 0
Current Communities | Avalon at Fairway Hills [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	720
Initial Cost
Land and improvements	$ 8,603
Building / Construction in Progress & Improvements	34,432
Costs Subsequent to Acquisition / Construction	16,302
Total Cost
Land	8,603
Building / Construction in Progress & Improvements	50,734
Total	59,337
Accumulated Depreciation	33,393
Total Cost, Net of Accumulated Depreciation	25,944	27,384
Encumbrances	$ 0
Current Communities | Eaves Washingtonian Center [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	288
Initial Cost
Land and improvements	$ 4,047
Building / Construction in Progress & Improvements	18,553
Costs Subsequent to Acquisition / Construction	2,784
Total Cost
Land	4,047
Building / Construction in Progress & Improvements	21,337
Total	25,384
Accumulated Depreciation	14,268
Total Cost, Net of Accumulated Depreciation	11,116	11,258
Encumbrances	$ 0
Current Communities | Eaves Columbia Town Center [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	392
Initial Cost
Land and improvements	$ 8,802
Building / Construction in Progress & Improvements	35,536
Costs Subsequent to Acquisition / Construction	12,155
Total Cost
Land	8,802
Building / Construction in Progress & Improvements	47,691
Total	56,493
Accumulated Depreciation	20,971
Total Cost, Net of Accumulated Depreciation	35,522	36,814
Encumbrances	$ 0
Current Communities | Avalon at Grosvenor Station [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	497
Initial Cost
Land and improvements	$ 29,159
Building / Construction in Progress & Improvements	52,993
Costs Subsequent to Acquisition / Construction	2,642
Total Cost
Land	29,159
Building / Construction in Progress & Improvements	55,635
Total	84,794
Accumulated Depreciation	27,043
Total Cost, Net of Accumulated Depreciation	57,751	59,405
Encumbrances	$ 0
Current Communities | Avalon at Traville [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	520
Initial Cost
Land and improvements	$ 14,365
Building / Construction in Progress & Improvements	55,398
Costs Subsequent to Acquisition / Construction	4,155
Total Cost
Land	14,365
Building / Construction in Progress & Improvements	59,553
Total	73,918
Accumulated Depreciation	27,917
Total Cost, Net of Accumulated Depreciation	46,001	48,065
Encumbrances	$ 0
Current Communities | Avalon Russett [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	238
Initial Cost
Land and improvements	$ 10,200
Building / Construction in Progress & Improvements	47,524
Costs Subsequent to Acquisition / Construction	3,220
Total Cost
Land	10,200
Building / Construction in Progress & Improvements	50,744
Total	60,944
Accumulated Depreciation	11,037
Total Cost, Net of Accumulated Depreciation	49,907	51,425
Encumbrances	$ 32,200
Current Communities | Eaves Fair Lakes [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	420
Initial Cost
Land and improvements	$ 6,096
Building / Construction in Progress & Improvements	24,400
Costs Subsequent to Acquisition / Construction	8,904
Total Cost
Land	6,096
Building / Construction in Progress & Improvements	33,304
Total	39,400
Accumulated Depreciation	21,265
Total Cost, Net of Accumulated Depreciation	18,135	18,986
Encumbrances	$ 0
Current Communities | AVA Ballston [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	344
Initial Cost
Land and improvements	$ 7,291
Building / Construction in Progress & Improvements	29,177
Costs Subsequent to Acquisition / Construction	16,302
Total Cost
Land	7,291
Building / Construction in Progress & Improvements	45,479
Total	52,770
Accumulated Depreciation	29,144
Total Cost, Net of Accumulated Depreciation	23,626	25,196
Encumbrances	$ 0
Current Communities | Avalon Tysons Corner [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	558
Initial Cost
Land and improvements	$ 13,851
Building / Construction in Progress & Improvements	43,397
Costs Subsequent to Acquisition / Construction	12,788
Total Cost
Land	13,851
Building / Construction in Progress & Improvements	56,185
Total	70,036
Accumulated Depreciation	32,826
Total Cost, Net of Accumulated Depreciation	37,210	38,956
Encumbrances	$ 0
Current Communities | Avalon Park Crest [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	354
Initial Cost
Land and improvements	$ 13,554
Building / Construction in Progress & Improvements	63,526
Costs Subsequent to Acquisition / Construction	274
Total Cost
Land	13,554
Building / Construction in Progress & Improvements	63,800
Total	77,354
Accumulated Depreciation	11,932
Total Cost, Net of Accumulated Depreciation	65,422	67,595
Encumbrances	$ 0
Current Communities | Eaves Fairfax Towers [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	415
Initial Cost
Land and improvements	$ 17,889
Building / Construction in Progress & Improvements	74,727
Costs Subsequent to Acquisition / Construction	4,446
Total Cost
Land	17,889
Building / Construction in Progress & Improvements	79,173
Total	97,062
Accumulated Depreciation	18,433
Total Cost, Net of Accumulated Depreciation	78,629	79,263
Encumbrances	$ 0
Current Communities | Avalon Mosaic [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	531
Initial Cost
Land and improvements	$ 33,490
Building / Construction in Progress & Improvements	75,802
Costs Subsequent to Acquisition / Construction	0
Total Cost
Land	33,490
Building / Construction in Progress & Improvements	75,802
Total	109,292
Accumulated Depreciation	10,461
Total Cost, Net of Accumulated Depreciation	98,831	101,637
Encumbrances	$ 0
Current Communities | Avalon Ballston Place [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	383
Initial Cost
Land and improvements	$ 38,490
Building / Construction in Progress & Improvements	123,645
Costs Subsequent to Acquisition / Construction	5,049
Total Cost
Land	38,490
Building / Construction in Progress & Improvements	128,694
Total	167,184
Accumulated Depreciation	24,830
Total Cost, Net of Accumulated Depreciation	142,354	146,479
Encumbrances	$ 0
Current Communities | Eaves Tysons Corner [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	217
Initial Cost
Land and improvements	$ 16,030
Building / Construction in Progress & Improvements	45,420
Costs Subsequent to Acquisition / Construction	2,967
Total Cost
Land	16,030
Building / Construction in Progress & Improvements	48,387
Total	64,417
Accumulated Depreciation	11,140
Total Cost, Net of Accumulated Depreciation	53,277	54,923
Encumbrances	$ 0
Current Communities | Avalon Courthouse Place [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	564
Initial Cost
Land and improvements	$ 56,550
Building / Construction in Progress & Improvements	178,032
Costs Subsequent to Acquisition / Construction	10,254
Total Cost
Land	56,550
Building / Construction in Progress & Improvements	188,286
Total	244,836
Accumulated Depreciation	37,860
Total Cost, Net of Accumulated Depreciation	206,976	213,114
Encumbrances	$ 0
Current Communities | Avalon Arlington North [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	228
Initial Cost
Land and improvements	$ 21,600
Building / Construction in Progress & Improvements	59,076
Costs Subsequent to Acquisition / Construction	34
Total Cost
Land	21,600
Building / Construction in Progress & Improvements	59,110
Total	80,710
Accumulated Depreciation	7,797
Total Cost, Net of Accumulated Depreciation	72,913	74,995
Encumbrances	$ 0
Current Communities | Avalon Reston Landing [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	400
Initial Cost
Land and improvements	$ 26,710
Building / Construction in Progress & Improvements	83,084
Costs Subsequent to Acquisition / Construction	6,212
Total Cost
Land	26,710
Building / Construction in Progress & Improvements	89,296
Total	116,006
Accumulated Depreciation	20,027
Total Cost, Net of Accumulated Depreciation	95,979	98,438
Encumbrances	$ 0
Current Communities | Avalon Redmond Place [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	222
Initial Cost
Land and improvements	$ 4,558
Building / Construction in Progress & Improvements	18,368
Costs Subsequent to Acquisition / Construction	10,501
Total Cost
Land	4,558
Building / Construction in Progress & Improvements	28,869
Total	33,427
Accumulated Depreciation	17,567
Total Cost, Net of Accumulated Depreciation	15,860	16,642
Encumbrances	$ 0
Current Communities | Avalon at Bear Creek [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	264
Initial Cost
Land and improvements	$ 6,786
Building / Construction in Progress & Improvements	27,641
Costs Subsequent to Acquisition / Construction	4,893
Total Cost
Land	6,786
Building / Construction in Progress & Improvements	32,534
Total	39,320
Accumulated Depreciation	21,197
Total Cost, Net of Accumulated Depreciation	18,123	18,645
Encumbrances	$ 0
Current Communities | Avalon Bellevue [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	201
Initial Cost
Land and improvements	$ 6,664
Building / Construction in Progress & Improvements	24,119
Costs Subsequent to Acquisition / Construction	2,110
Total Cost
Land	6,664
Building / Construction in Progress & Improvements	26,229
Total	32,893
Accumulated Depreciation	15,292
Total Cost, Net of Accumulated Depreciation	17,601	18,441
Encumbrances	$ 0
Current Communities | Avalon RockMeadow [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	206
Initial Cost
Land and improvements	$ 4,777
Building / Construction in Progress & Improvements	19,765
Costs Subsequent to Acquisition / Construction	2,930
Total Cost
Land	4,777
Building / Construction in Progress & Improvements	22,695
Total	27,472
Accumulated Depreciation	13,423
Total Cost, Net of Accumulated Depreciation	14,049	14,457
Encumbrances	$ 0
Current Communities | Avalon ParcSquare [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	124
Initial Cost
Land and improvements	$ 3,789
Building / Construction in Progress & Improvements	15,139
Costs Subsequent to Acquisition / Construction	3,286
Total Cost
Land	3,789
Building / Construction in Progress & Improvements	18,425
Total	22,214
Accumulated Depreciation	10,718
Total Cost, Net of Accumulated Depreciation	11,496	12,060
Encumbrances	$ 0
Current Communities | AVA Belltown [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	100
Initial Cost
Land and improvements	$ 5,644
Building / Construction in Progress & Improvements	12,733
Costs Subsequent to Acquisition / Construction	1,253
Total Cost
Land	5,644
Building / Construction in Progress & Improvements	13,986
Total	19,630
Accumulated Depreciation	7,940
Total Cost, Net of Accumulated Depreciation	11,690	12,003
Encumbrances	$ 0
Current Communities | Avalon Meydenbauer [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	368
Initial Cost
Land and improvements	$ 12,697
Building / Construction in Progress & Improvements	77,450
Costs Subsequent to Acquisition / Construction	1,366
Total Cost
Land	12,697
Building / Construction in Progress & Improvements	78,816
Total	91,513
Accumulated Depreciation	26,487
Total Cost, Net of Accumulated Depreciation	65,026	67,686
Encumbrances	$ 0
Current Communities | Avalon Towers Bellevue [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	397
Initial Cost
Land and improvements	$ 0
Building / Construction in Progress & Improvements	123,029
Costs Subsequent to Acquisition / Construction	1,341
Total Cost
Land	0
Building / Construction in Progress & Improvements	124,370
Total	124,370
Accumulated Depreciation	32,339
Total Cost, Net of Accumulated Depreciation	92,031	95,998
Encumbrances	$ 0
Current Communities | AVA Queen Anne [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	203
Initial Cost
Land and improvements	$ 12,081
Building / Construction in Progress & Improvements	41,618
Costs Subsequent to Acquisition / Construction	431
Total Cost
Land	12,081
Building / Construction in Progress & Improvements	42,049
Total	54,130
Accumulated Depreciation	9,060
Total Cost, Net of Accumulated Depreciation	45,070	46,642
Encumbrances	$ 0
Current Communities | AVA Ballard [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	265
Initial Cost
Land and improvements	$ 16,460
Building / Construction in Progress & Improvements	46,926
Costs Subsequent to Acquisition / Construction	1,002
Total Cost
Land	16,460
Building / Construction in Progress & Improvements	47,928
Total	64,388
Accumulated Depreciation	8,335
Total Cost, Net of Accumulated Depreciation	56,053	57,893
Encumbrances	$ 0
Current Communities | Avalon Alderwood I [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	367
Initial Cost
Land and improvements	$ 12,294
Building / Construction in Progress & Improvements	55,626
Costs Subsequent to Acquisition / Construction	0
Total Cost
Land	12,294
Building / Construction in Progress & Improvements	55,626
Total	67,920
Accumulated Depreciation	6,553
Total Cost, Net of Accumulated Depreciation	61,367	63,391
Encumbrances	$ 0
Current Communities | Eaves Redmond Campus [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	422
Initial Cost
Land and improvements	$ 22,580
Building / Construction in Progress & Improvements	88,001
Costs Subsequent to Acquisition / Construction	10,267
Total Cost
Land	22,580
Building / Construction in Progress & Improvements	98,268
Total	120,848
Accumulated Depreciation	21,097
Total Cost, Net of Accumulated Depreciation	99,751	99,157
Encumbrances	$ 0
Current Communities | Archstone Redmond Lakeview [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	166
Initial Cost
Land and improvements	$ 10,250
Building / Construction in Progress & Improvements	26,842
Costs Subsequent to Acquisition / Construction	3,315
Total Cost
Land	10,250
Building / Construction in Progress & Improvements	30,157
Total	40,407
Accumulated Depreciation	6,852
Total Cost, Net of Accumulated Depreciation	33,555	34,398
Encumbrances	$ 0
Current Communities | Avalon Campbell [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	348
Initial Cost
Land and improvements	$ 11,830
Building / Construction in Progress & Improvements	47,828
Costs Subsequent to Acquisition / Construction	13,561
Total Cost
Land	11,830
Building / Construction in Progress & Improvements	61,389
Total	73,219
Accumulated Depreciation	35,368
Total Cost, Net of Accumulated Depreciation	37,851	39,955
Encumbrances	$ 38,800
Current Communities | Eaves San Jose [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	440
Initial Cost
Land and improvements	$ 12,920
Building / Construction in Progress & Improvements	53,047
Costs Subsequent to Acquisition / Construction	18,931
Total Cost
Land	12,920
Building / Construction in Progress & Improvements	71,978
Total	84,898
Accumulated Depreciation	36,145
Total Cost, Net of Accumulated Depreciation	48,753	51,143
Encumbrances	$ 0
Current Communities | Avalon Mountain View [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	248
Initial Cost
Land and improvements	$ 9,755
Building / Construction in Progress & Improvements	39,393
Costs Subsequent to Acquisition / Construction	10,321
Total Cost
Land	9,755
Building / Construction in Progress & Improvements	49,714
Total	59,469
Accumulated Depreciation	30,458
Total Cost, Net of Accumulated Depreciation	29,011	30,562
Encumbrances	$ 0
Current Communities | Eaves Creekside [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	296
Initial Cost
Land and improvements	$ 6,546
Building / Construction in Progress & Improvements	26,263
Costs Subsequent to Acquisition / Construction	21,316
Total Cost
Land	6,546
Building / Construction in Progress & Improvements	47,579
Total	54,125
Accumulated Depreciation	25,798
Total Cost, Net of Accumulated Depreciation	28,327	29,992
Encumbrances	$ 0
Current Communities | Avalon at Cahill Park [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	218
Initial Cost
Land and improvements	$ 4,765
Building / Construction in Progress & Improvements	47,600
Costs Subsequent to Acquisition / Construction	2,020
Total Cost
Land	4,765
Building / Construction in Progress & Improvements	49,620
Total	54,385
Accumulated Depreciation	26,084
Total Cost, Net of Accumulated Depreciation	28,301	29,836
Encumbrances	$ 0
Current Communities | Avalon Morrison Park [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	250
Initial Cost
Land and improvements	$ 13,837
Building / Construction in Progress & Improvements	64,534
Costs Subsequent to Acquisition / Construction	72
Total Cost
Land	13,837
Building / Construction in Progress & Improvements	64,606
Total	78,443
Accumulated Depreciation	8,779
Total Cost, Net of Accumulated Depreciation	69,664	72,002
Encumbrances	$ 0
Current Communities | Avalon Willow Glen [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	412
Initial Cost
Land and improvements	$ 46,060
Building / Construction in Progress & Improvements	81,957
Costs Subsequent to Acquisition / Construction	4,707
Total Cost
Land	46,060
Building / Construction in Progress & Improvements	86,664
Total	132,724
Accumulated Depreciation	19,887
Total Cost, Net of Accumulated Depreciation	112,837	115,648
Encumbrances	$ 0
Current Communities | Eaves West Valley [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	873
Initial Cost
Land and improvements	$ 90,890
Building / Construction in Progress & Improvements	132,040
Costs Subsequent to Acquisition / Construction	10,251
Total Cost
Land	90,890
Building / Construction in Progress & Improvements	142,291
Total	233,181
Accumulated Depreciation	31,153
Total Cost, Net of Accumulated Depreciation	202,028	205,771
Encumbrances	$ 0
Current Communities | Eaves Mountain View at Middlefield [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	402
Initial Cost
Land and improvements	$ 64,070
Building / Construction in Progress & Improvements	69,018
Costs Subsequent to Acquisition / Construction	5,498
Total Cost
Land	64,070
Building / Construction in Progress & Improvements	74,516
Total	138,586
Accumulated Depreciation	17,838
Total Cost, Net of Accumulated Depreciation	120,748	123,403
Encumbrances	$ 0
Current Communities | Avalon Fremont [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	308
Initial Cost
Land and improvements	$ 10,746
Building / Construction in Progress & Improvements	43,399
Costs Subsequent to Acquisition / Construction	6,656
Total Cost
Land	10,746
Building / Construction in Progress & Improvements	50,055
Total	60,801
Accumulated Depreciation	33,523
Total Cost, Net of Accumulated Depreciation	27,278	28,098
Encumbrances	$ 0
Current Communities | Eaves Dublin [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	204
Initial Cost
Land and improvements	$ 5,276
Building / Construction in Progress & Improvements	19,642
Costs Subsequent to Acquisition / Construction	12,366
Total Cost
Land	5,276
Building / Construction in Progress & Improvements	32,008
Total	37,284
Accumulated Depreciation	17,814
Total Cost, Net of Accumulated Depreciation	19,470	20,653
Encumbrances	$ 0
Current Communities | Eaves Pleasanton [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	456
Initial Cost
Land and improvements	$ 11,610
Building / Construction in Progress & Improvements	46,552
Costs Subsequent to Acquisition / Construction	21,755
Total Cost
Land	11,610
Building / Construction in Progress & Improvements	68,307
Total	79,917
Accumulated Depreciation	40,146
Total Cost, Net of Accumulated Depreciation	39,771	41,764
Encumbrances	$ 0
Current Communities | Eaves Union City [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	208
Initial Cost
Land and improvements	$ 4,249
Building / Construction in Progress & Improvements	16,820
Costs Subsequent to Acquisition / Construction	3,312
Total Cost
Land	4,249
Building / Construction in Progress & Improvements	20,132
Total	24,381
Accumulated Depreciation	13,659
Total Cost, Net of Accumulated Depreciation	10,722	11,342
Encumbrances	$ 0
Current Communities | Eaves Fremont [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	235
Initial Cost
Land and improvements	$ 6,581
Building / Construction in Progress & Improvements	26,583
Costs Subsequent to Acquisition / Construction	9,992
Total Cost
Land	6,581
Building / Construction in Progress & Improvements	36,575
Total	43,156
Accumulated Depreciation	22,733
Total Cost, Net of Accumulated Depreciation	20,423	21,385
Encumbrances	$ 0
Current Communities | Avalon Union City [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	439
Initial Cost
Land and improvements	$ 14,732
Building / Construction in Progress & Improvements	104,024
Costs Subsequent to Acquisition / Construction	982
Total Cost
Land	14,732
Building / Construction in Progress & Improvements	105,006
Total	119,738
Accumulated Depreciation	30,647
Total Cost, Net of Accumulated Depreciation	89,091	92,395
Encumbrances	$ 0
Current Communities | Avalon Walnut Creek [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	422
Initial Cost
Land and improvements	$ 0
Building / Construction in Progress & Improvements	148,370
Costs Subsequent to Acquisition / Construction	3,245
Total Cost
Land	0
Building / Construction in Progress & Improvements	151,615
Total	151,615
Accumulated Depreciation	39,014
Total Cost, Net of Accumulated Depreciation	112,601	115,817
Encumbrances	$ 3,557
Current Communities | Avalon Dublin Station [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	253
Initial Cost
Land and improvements	$ 7,772
Building / Construction in Progress & Improvements	72,142
Costs Subsequent to Acquisition / Construction	599
Total Cost
Land	7,772
Building / Construction in Progress & Improvements	72,741
Total	80,513
Accumulated Depreciation	9,650
Total Cost, Net of Accumulated Depreciation	70,863	72,802
Encumbrances	$ 0
Current Communities | Eaves Walnut Creek [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	510
Initial Cost
Land and improvements	$ 30,320
Building / Construction in Progress & Improvements	82,375
Costs Subsequent to Acquisition / Construction	16,828
Total Cost
Land	30,320
Building / Construction in Progress & Improvements	99,203
Total	129,523
Accumulated Depreciation	19,294
Total Cost, Net of Accumulated Depreciation	110,229	111,534
Encumbrances	$ 0
Current Communities | Avalon Walnut Ridge II [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	360
Initial Cost
Land and improvements	$ 27,190
Building / Construction in Progress & Improvements	57,041
Costs Subsequent to Acquisition / Construction	5,864
Total Cost
Land	27,190
Building / Construction in Progress & Improvements	62,905
Total	90,095
Accumulated Depreciation	13,372
Total Cost, Net of Accumulated Depreciation	76,723	76,821
Encumbrances	$ 0
Current Communities | Avalon Berkeley [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	94
Initial Cost
Land and improvements	$ 4,500
Building / Construction in Progress & Improvements	28,622
Costs Subsequent to Acquisition / Construction	0
Total Cost
Land	4,500
Building / Construction in Progress & Improvements	28,622
Total	33,122
Accumulated Depreciation	3,523
Total Cost, Net of Accumulated Depreciation	29,599	30,607
Encumbrances	$ 0
Current Communities | Eaves Daly City [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	195
Initial Cost
Land and improvements	$ 4,230
Building / Construction in Progress & Improvements	9,659
Costs Subsequent to Acquisition / Construction	19,858
Total Cost
Land	4,230
Building / Construction in Progress & Improvements	29,517
Total	33,747
Accumulated Depreciation	17,704
Total Cost, Net of Accumulated Depreciation	16,043	16,173
Encumbrances	$ 0
Current Communities | AVA Nob Hill [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	185
Initial Cost
Land and improvements	$ 5,403
Building / Construction in Progress & Improvements	21,567
Costs Subsequent to Acquisition / Construction	7,597
Total Cost
Land	5,403
Building / Construction in Progress & Improvements	29,164
Total	34,567
Accumulated Depreciation	17,103
Total Cost, Net of Accumulated Depreciation	17,464	17,980
Encumbrances	$ 20,800
Current Communities | Eaves San Rafael [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	254
Initial Cost
Land and improvements	$ 5,982
Building / Construction in Progress & Improvements	16,885
Costs Subsequent to Acquisition / Construction	24,752
Total Cost
Land	5,982
Building / Construction in Progress & Improvements	41,637
Total	47,619
Accumulated Depreciation	22,224
Total Cost, Net of Accumulated Depreciation	25,395	26,689
Encumbrances	$ 0
Current Communities | Eaves Foster City [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	288
Initial Cost
Land and improvements	$ 7,852
Building / Construction in Progress & Improvements	31,445
Costs Subsequent to Acquisition / Construction	11,629
Total Cost
Land	7,852
Building / Construction in Progress & Improvements	43,074
Total	50,926
Accumulated Depreciation	25,622
Total Cost, Net of Accumulated Depreciation	25,304	26,440
Encumbrances	$ 0
Current Communities | Eaves Pacifica [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	220
Initial Cost
Land and improvements	$ 6,125
Building / Construction in Progress & Improvements	24,796
Costs Subsequent to Acquisition / Construction	3,116
Total Cost
Land	6,125
Building / Construction in Progress & Improvements	27,912
Total	34,037
Accumulated Depreciation	18,647
Total Cost, Net of Accumulated Depreciation	15,390	16,175
Encumbrances	$ 17,600
Current Communities | Avalon Sunset Towers [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	243
Initial Cost
Land and improvements	$ 3,561
Building / Construction in Progress & Improvements	21,321
Costs Subsequent to Acquisition / Construction	16,129
Total Cost
Land	3,561
Building / Construction in Progress & Improvements	37,450
Total	41,011
Accumulated Depreciation	19,817
Total Cost, Net of Accumulated Depreciation	21,194	21,819
Encumbrances	$ 0
Current Communities | Eaves Diamond Heights [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	154
Initial Cost
Land and improvements	$ 4,726
Building / Construction in Progress & Improvements	19,130
Costs Subsequent to Acquisition / Construction	6,189
Total Cost
Land	4,726
Building / Construction in Progress & Improvements	25,319
Total	30,045
Accumulated Depreciation	15,390
Total Cost, Net of Accumulated Depreciation	14,655	15,313
Encumbrances	$ 0
Current Communities | Avalon at Mission Bay I [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	250
Initial Cost
Land and improvements	$ 14,029
Building / Construction in Progress & Improvements	78,452
Costs Subsequent to Acquisition / Construction	3,759
Total Cost
Land	14,029
Building / Construction in Progress & Improvements	82,211
Total	96,240
Accumulated Depreciation	41,915
Total Cost, Net of Accumulated Depreciation	54,325	56,826
Encumbrances	$ 0
Current Communities | Avalon at Mission Bay III [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	260
Initial Cost
Land and improvements	$ 28,687
Building / Construction in Progress & Improvements	119,156
Costs Subsequent to Acquisition / Construction	447
Total Cost
Land	28,687
Building / Construction in Progress & Improvements	119,603
Total	148,290
Accumulated Depreciation	35,003
Total Cost, Net of Accumulated Depreciation	113,287	117,091
Encumbrances	$ 0
Current Communities | Avalon Ocean Avenue [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	173
Initial Cost
Land and improvements	$ 5,544
Building / Construction in Progress & Improvements	50,906
Costs Subsequent to Acquisition / Construction	1,877
Total Cost
Land	5,544
Building / Construction in Progress & Improvements	52,783
Total	58,327
Accumulated Depreciation	10,581
Total Cost, Net of Accumulated Depreciation	47,746	49,580
Encumbrances	$ 0
Current Communities | AVA 55 Ninth [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	273
Initial Cost
Land and improvements	$ 20,267
Building / Construction in Progress & Improvements	97,321
Costs Subsequent to Acquisition / Construction	1,258
Total Cost
Land	20,267
Building / Construction in Progress & Improvements	98,579
Total	118,846
Accumulated Depreciation	13,135
Total Cost, Net of Accumulated Depreciation	105,711	109,414
Encumbrances	$ 0
Current Communities | Avalon Hayes Valley [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	182
Initial Cost
Land and improvements	$ 12,595
Building / Construction in Progress & Improvements	81,232
Costs Subsequent to Acquisition / Construction	0
Total Cost
Land	12,595
Building / Construction in Progress & Improvements	81,232
Total	93,827
Accumulated Depreciation	7,855
Total Cost, Net of Accumulated Depreciation	85,972	88,745
Encumbrances	$ 0
Current Communities | Avalon San Bruno I [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	300
Initial Cost
Land and improvements	$ 40,780
Building / Construction in Progress & Improvements	68,684
Costs Subsequent to Acquisition / Construction	4,974
Total Cost
Land	40,780
Building / Construction in Progress & Improvements	73,658
Total	114,438
Accumulated Depreciation	15,334
Total Cost, Net of Accumulated Depreciation	99,104	100,274
Encumbrances	$ 64,450
Current Communities | Avalon San Bruno II [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	185
Initial Cost
Land and improvements	$ 23,787
Building / Construction in Progress & Improvements	44,934
Costs Subsequent to Acquisition / Construction	1,906
Total Cost
Land	23,787
Building / Construction in Progress & Improvements	46,840
Total	70,627
Accumulated Depreciation	9,205
Total Cost, Net of Accumulated Depreciation	61,422	62,879
Encumbrances	$ 29,533
Current Communities | Avalon San Bruno III [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	187
Initial Cost
Land and improvements	$ 33,303
Building / Construction in Progress & Improvements	62,910
Costs Subsequent to Acquisition / Construction	3,028
Total Cost
Land	33,303
Building / Construction in Progress & Improvements	65,938
Total	99,241
Accumulated Depreciation	12,956
Total Cost, Net of Accumulated Depreciation	86,285	88,243
Encumbrances	$ 53,315
Current Communities | AVA Burbank [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	748
Initial Cost
Land and improvements	$ 22,483
Building / Construction in Progress & Improvements	28,104
Costs Subsequent to Acquisition / Construction	48,565
Total Cost
Land	22,483
Building / Construction in Progress & Improvements	76,669
Total	99,152
Accumulated Depreciation	40,761
Total Cost, Net of Accumulated Depreciation	58,391	60,868
Encumbrances	$ 0
Current Communities | Avalon Woodland Hills [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	663
Initial Cost
Land and improvements	$ 23,828
Building / Construction in Progress & Improvements	40,372
Costs Subsequent to Acquisition / Construction	49,385
Total Cost
Land	23,828
Building / Construction in Progress & Improvements	89,757
Total	113,585
Accumulated Depreciation	45,441
Total Cost, Net of Accumulated Depreciation	68,144	70,434
Encumbrances	$ 0
Current Communities | Eaves Warner Center [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	227
Initial Cost
Land and improvements	$ 7,045
Building / Construction in Progress & Improvements	12,986
Costs Subsequent to Acquisition / Construction	9,609
Total Cost
Land	7,045
Building / Construction in Progress & Improvements	22,595
Total	29,640
Accumulated Depreciation	15,855
Total Cost, Net of Accumulated Depreciation	13,785	14,591
Encumbrances	$ 0
Current Communities | Avalon Glendale [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	223
Initial Cost
Land and improvements	$ 0
Building / Construction in Progress & Improvements	42,564
Costs Subsequent to Acquisition / Construction	2,070
Total Cost
Land	0
Building / Construction in Progress & Improvements	44,634
Total	44,634
Accumulated Depreciation	21,703
Total Cost, Net of Accumulated Depreciation	22,931	24,122
Encumbrances	$ 0
Current Communities | Avalon Burbank [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	400
Initial Cost
Land and improvements	$ 14,053
Building / Construction in Progress & Improvements	56,827
Costs Subsequent to Acquisition / Construction	24,724
Total Cost
Land	14,053
Building / Construction in Progress & Improvements	81,551
Total	95,604
Accumulated Depreciation	37,558
Total Cost, Net of Accumulated Depreciation	58,046	60,327
Encumbrances	$ 0
Current Communities | Avalon Camarillo [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	249
Initial Cost
Land and improvements	$ 8,446
Building / Construction in Progress & Improvements	40,290
Costs Subsequent to Acquisition / Construction	908
Total Cost
Land	8,446
Building / Construction in Progress & Improvements	41,198
Total	49,644
Accumulated Depreciation	16,389
Total Cost, Net of Accumulated Depreciation	33,255	34,405
Encumbrances	$ 0
Current Communities | Avalon Wilshire [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	123
Initial Cost
Land and improvements	$ 5,459
Building / Construction in Progress & Improvements	41,182
Costs Subsequent to Acquisition / Construction	1,206
Total Cost
Land	5,459
Building / Construction in Progress & Improvements	42,388
Total	47,847
Accumulated Depreciation	15,562
Total Cost, Net of Accumulated Depreciation	32,285	33,601
Encumbrances	$ 0
Current Communities | Avalon Encino [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	131
Initial Cost
Land and improvements	$ 12,789
Building / Construction in Progress & Improvements	49,073
Costs Subsequent to Acquisition / Construction	1,091
Total Cost
Land	12,789
Building / Construction in Progress & Improvements	50,164
Total	62,953
Accumulated Depreciation	15,966
Total Cost, Net of Accumulated Depreciation	46,987	48,412
Encumbrances	$ 0
Current Communities | Avalon Warner Place [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	210
Initial Cost
Land and improvements	$ 7,920
Building / Construction in Progress & Improvements	44,845
Costs Subsequent to Acquisition / Construction	589
Total Cost
Land	7,920
Building / Construction in Progress & Improvements	45,434
Total	53,354
Accumulated Depreciation	15,109
Total Cost, Net of Accumulated Depreciation	38,245	39,727
Encumbrances	$ 0
Current Communities | AVA Little Tokyo [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	280
Initial Cost
Land and improvements	$ 14,734
Building / Construction in Progress & Improvements	93,985
Costs Subsequent to Acquisition / Construction	462
Total Cost
Land	14,734
Building / Construction in Progress & Improvements	94,447
Total	109,181
Accumulated Depreciation	10,574
Total Cost, Net of Accumulated Depreciation	98,607	101,914
Encumbrances	$ 0
Current Communities | Eaves Phillips Ranch [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	501
Initial Cost
Land and improvements	$ 9,796
Building / Construction in Progress & Improvements	41,740
Costs Subsequent to Acquisition / Construction	1,964
Total Cost
Land	9,796
Building / Construction in Progress & Improvements	43,704
Total	53,500
Accumulated Depreciation	10,314
Total Cost, Net of Accumulated Depreciation	43,186	44,058
Encumbrances	$ 0
Current Communities | Eaves San Dimas [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	102
Initial Cost
Land and improvements	$ 1,916
Building / Construction in Progress & Improvements	7,819
Costs Subsequent to Acquisition / Construction	1,389
Total Cost
Land	1,916
Building / Construction in Progress & Improvements	9,208
Total	11,124
Accumulated Depreciation	2,202
Total Cost, Net of Accumulated Depreciation	8,922	9,214
Encumbrances	$ 0
Current Communities | Eaves San Dimas Canyon [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	156
Initial Cost
Land and improvements	$ 2,953
Building / Construction in Progress & Improvements	12,428
Costs Subsequent to Acquisition / Construction	736
Total Cost
Land	2,953
Building / Construction in Progress & Improvements	13,164
Total	16,117
Accumulated Depreciation	3,145
Total Cost, Net of Accumulated Depreciation	12,972	13,289
Encumbrances	$ 0
Current Communities | AVA Pasadena [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	84
Initial Cost
Land and improvements	$ 8,400
Building / Construction in Progress & Improvements	11,547
Costs Subsequent to Acquisition / Construction	5,522
Total Cost
Land	8,400
Building / Construction in Progress & Improvements	17,069
Total	25,469
Accumulated Depreciation	3,214
Total Cost, Net of Accumulated Depreciation	22,255	22,879
Encumbrances	$ 11,073
Current Communities | Eaves Cerritos [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	151
Initial Cost
Land and improvements	$ 8,305
Building / Construction in Progress & Improvements	21,195
Costs Subsequent to Acquisition / Construction	1,474
Total Cost
Land	8,305
Building / Construction in Progress & Improvements	22,669
Total	30,974
Accumulated Depreciation	4,391
Total Cost, Net of Accumulated Depreciation	26,583	27,343
Encumbrances	$ 0
Current Communities | Avalon Playa Vista [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	309
Initial Cost
Land and improvements	$ 30,900
Building / Construction in Progress & Improvements	72,008
Costs Subsequent to Acquisition / Construction	2,428
Total Cost
Land	30,900
Building / Construction in Progress & Improvements	74,436
Total	105,336
Accumulated Depreciation	14,228
Total Cost, Net of Accumulated Depreciation	91,108	93,776
Encumbrances	$ 0
Current Communities | Avalon San Dimas [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	156
Initial Cost
Land and improvements	$ 9,141
Building / Construction in Progress & Improvements	30,727
Costs Subsequent to Acquisition / Construction	0
Total Cost
Land	9,141
Building / Construction in Progress & Improvements	30,727
Total	39,868
Accumulated Depreciation	3,778
Total Cost, Net of Accumulated Depreciation	36,090	37,250
Encumbrances	$ 0
Current Communities | Avalon Mission Oaks [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	160
Initial Cost
Land and improvements	$ 9,600
Building / Construction in Progress & Improvements	35,842
Costs Subsequent to Acquisition / Construction	3,002
Total Cost
Land	9,600
Building / Construction in Progress & Improvements	38,844
Total	48,444
Accumulated Depreciation	5,595
Total Cost, Net of Accumulated Depreciation	42,849	44,281
Encumbrances	$ 0
Current Communities | Avalon Simi Valley [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	500
Initial Cost
Land and improvements	$ 42,020
Building / Construction in Progress & Improvements	73,361
Costs Subsequent to Acquisition / Construction	4,940
Total Cost
Land	42,020
Building / Construction in Progress & Improvements	78,301
Total	120,321
Accumulated Depreciation	17,394
Total Cost, Net of Accumulated Depreciation	102,927	105,475
Encumbrances	$ 0
Current Communities | Avalon Studio City [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	276
Initial Cost
Land and improvements	$ 15,756
Building / Construction in Progress & Improvements	78,178
Costs Subsequent to Acquisition / Construction	5,778
Total Cost
Land	15,756
Building / Construction in Progress & Improvements	83,956
Total	99,712
Accumulated Depreciation	17,139
Total Cost, Net of Accumulated Depreciation	82,573	84,242
Encumbrances	$ 0
Current Communities | Avalon Calabasas [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	600
Initial Cost
Land and improvements	$ 42,720
Building / Construction in Progress & Improvements	107,642
Costs Subsequent to Acquisition / Construction	9,921
Total Cost
Land	42,720
Building / Construction in Progress & Improvements	117,563
Total	160,283
Accumulated Depreciation	27,970
Total Cost, Net of Accumulated Depreciation	132,313	136,511
Encumbrances	$ 96,502
Current Communities | Avalon Oak Creek [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	336
Initial Cost
Land and improvements	$ 43,540
Building / Construction in Progress & Improvements	79,974
Costs Subsequent to Acquisition / Construction	5,842
Total Cost
Land	43,540
Building / Construction in Progress & Improvements	85,816
Total	129,356
Accumulated Depreciation	21,276
Total Cost, Net of Accumulated Depreciation	108,080	111,280
Encumbrances	$ 0
Current Communities | Avalon Del Mar Station [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	347
Initial Cost
Land and improvements	$ 20,560
Building / Construction in Progress & Improvements	106,556
Costs Subsequent to Acquisition / Construction	3,731
Total Cost
Land	20,560
Building / Construction in Progress & Improvements	110,287
Total	130,847
Accumulated Depreciation	20,717
Total Cost, Net of Accumulated Depreciation	110,130	113,568
Encumbrances	$ 0
Current Communities | Eaves Thousand Oaks [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	154
Initial Cost
Land and improvements	$ 13,950
Building / Construction in Progress & Improvements	20,211
Costs Subsequent to Acquisition / Construction	2,546
Total Cost
Land	13,950
Building / Construction in Progress & Improvements	22,757
Total	36,707
Accumulated Depreciation	6,158
Total Cost, Net of Accumulated Depreciation	30,549	31,486
Encumbrances	$ 0
Current Communities | Eaves Los Feliz [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	263
Initial Cost
Land and improvements	$ 18,940
Building / Construction in Progress & Improvements	43,661
Costs Subsequent to Acquisition / Construction	4,556
Total Cost
Land	18,940
Building / Construction in Progress & Improvements	48,217
Total	67,157
Accumulated Depreciation	10,545
Total Cost, Net of Accumulated Depreciation	56,612	57,563
Encumbrances	$ 41,400
Current Communities | Eaves Woodland Hills [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	883
Initial Cost
Land and improvements	$ 68,940
Building / Construction in Progress & Improvements	90,549
Costs Subsequent to Acquisition / Construction	11,203
Total Cost
Land	68,940
Building / Construction in Progress & Improvements	101,752
Total	170,692
Accumulated Depreciation	25,353
Total Cost, Net of Accumulated Depreciation	145,339	148,867
Encumbrances	$ 111,500
Current Communities | Avalon Thousand Oaks Plaza [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	148
Initial Cost
Land and improvements	$ 12,810
Building / Construction in Progress & Improvements	22,581
Costs Subsequent to Acquisition / Construction	2,300
Total Cost
Land	12,810
Building / Construction in Progress & Improvements	24,881
Total	37,691
Accumulated Depreciation	6,132
Total Cost, Net of Accumulated Depreciation	31,559	32,257
Encumbrances	$ 0
Current Communities | AVA Newport [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	145
Initial Cost
Land and improvements	$ 1,975
Building / Construction in Progress & Improvements	3,814
Costs Subsequent to Acquisition / Construction	9,840
Total Cost
Land	1,975
Building / Construction in Progress & Improvements	13,654
Total	15,629
Accumulated Depreciation	6,995
Total Cost, Net of Accumulated Depreciation	8,634	9,130
Encumbrances	$ 0
Current Communities | Eaves Mission Viejo [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	166
Initial Cost
Land and improvements	$ 2,517
Building / Construction in Progress & Improvements	9,257
Costs Subsequent to Acquisition / Construction	3,580
Total Cost
Land	2,517
Building / Construction in Progress & Improvements	12,837
Total	15,354
Accumulated Depreciation	8,660
Total Cost, Net of Accumulated Depreciation	6,694	7,145
Encumbrances	$ 7,635
Current Communities | Eaves South Coast [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	258
Initial Cost
Land and improvements	$ 4,709
Building / Construction in Progress & Improvements	16,063
Costs Subsequent to Acquisition / Construction	13,442
Total Cost
Land	4,709
Building / Construction in Progress & Improvements	29,505
Total	34,214
Accumulated Depreciation	16,883
Total Cost, Net of Accumulated Depreciation	17,331	17,829
Encumbrances	$ 0
Current Communities | Eaves Santa Margarita [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	301
Initial Cost
Land and improvements	$ 4,607
Building / Construction in Progress & Improvements	16,911
Costs Subsequent to Acquisition / Construction	10,917
Total Cost
Land	4,607
Building / Construction in Progress & Improvements	27,828
Total	32,435
Accumulated Depreciation	15,849
Total Cost, Net of Accumulated Depreciation	16,586	17,224
Encumbrances	$ 0
Current Communities | Eaves Huntington Beach [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	304
Initial Cost
Land and improvements	$ 4,871
Building / Construction in Progress & Improvements	19,745
Costs Subsequent to Acquisition / Construction	10,267
Total Cost
Land	4,871
Building / Construction in Progress & Improvements	30,012
Total	34,883
Accumulated Depreciation	19,912
Total Cost, Net of Accumulated Depreciation	14,971	15,964
Encumbrances	$ 0
Current Communities | Avalon Anaheim Stadium [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	251
Initial Cost
Land and improvements	$ 27,874
Building / Construction in Progress & Improvements	69,156
Costs Subsequent to Acquisition / Construction	1,608
Total Cost
Land	27,874
Building / Construction in Progress & Improvements	70,764
Total	98,638
Accumulated Depreciation	21,751
Total Cost, Net of Accumulated Depreciation	76,887	78,955
Encumbrances	$ 0
Current Communities | Avalon Irvine I [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	279
Initial Cost
Land and improvements	$ 9,911
Building / Construction in Progress & Improvements	67,520
Costs Subsequent to Acquisition / Construction	776
Total Cost
Land	9,911
Building / Construction in Progress & Improvements	68,296
Total	78,207
Accumulated Depreciation	19,629
Total Cost, Net of Accumulated Depreciation	58,578	60,694
Encumbrances	$ 0
Current Communities | Avalon Irvine II [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	179
Initial Cost
Land and improvements	$ 4,358
Building / Construction in Progress & Improvements	40,912
Costs Subsequent to Acquisition / Construction	0
Total Cost
Land	4,358
Building / Construction in Progress & Improvements	40,912
Total	45,270
Accumulated Depreciation	7,217
Total Cost, Net of Accumulated Depreciation	38,053	39,535
Encumbrances	$ 0
Current Communities | Eaves Lake Forest [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	225
Initial Cost
Land and improvements	$ 5,199
Building / Construction in Progress & Improvements	21,134
Costs Subsequent to Acquisition / Construction	3,248
Total Cost
Land	5,199
Building / Construction in Progress & Improvements	24,382
Total	29,581
Accumulated Depreciation	5,614
Total Cost, Net of Accumulated Depreciation	23,967	23,870
Encumbrances	$ 0
Current Communities | Avalon Baker Ranch [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	430
Initial Cost
Land and improvements	$ 31,689
Building / Construction in Progress & Improvements	98,411
Costs Subsequent to Acquisition / Construction	0
Total Cost
Land	31,689
Building / Construction in Progress & Improvements	98,411
Total	130,100
Accumulated Depreciation	9,406
Total Cost, Net of Accumulated Depreciation	120,694	124,442
Encumbrances	$ 0
Current Communities | Eaves Seal Beach [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	549
Initial Cost
Land and improvements	$ 46,790
Building / Construction in Progress & Improvements	99,999
Costs Subsequent to Acquisition / Construction	5,640
Total Cost
Land	46,790
Building / Construction in Progress & Improvements	105,639
Total	152,429
Accumulated Depreciation	22,914
Total Cost, Net of Accumulated Depreciation	129,515	132,659
Encumbrances	$ 0
Current Communities | AVA Pacific Beach [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	564
Initial Cost
Land and improvements	$ 9,922
Building / Construction in Progress & Improvements	40,580
Costs Subsequent to Acquisition / Construction	40,849
Total Cost
Land	9,922
Building / Construction in Progress & Improvements	81,429
Total	91,351
Accumulated Depreciation	41,108
Total Cost, Net of Accumulated Depreciation	50,243	53,224
Encumbrances	$ 0
Current Communities | Eaves Mission Ridge [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	200
Initial Cost
Land and improvements	$ 2,710
Building / Construction in Progress & Improvements	10,924
Costs Subsequent to Acquisition / Construction	12,128
Total Cost
Land	2,710
Building / Construction in Progress & Improvements	23,052
Total	25,762
Accumulated Depreciation	14,637
Total Cost, Net of Accumulated Depreciation	11,125	11,696
Encumbrances	$ 0
Current Communities | AVA Cortez Hill [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	299
Initial Cost
Land and improvements	$ 2,768
Building / Construction in Progress & Improvements	20,134
Costs Subsequent to Acquisition / Construction	23,567
Total Cost
Land	2,768
Building / Construction in Progress & Improvements	43,701
Total	46,469
Accumulated Depreciation	23,459
Total Cost, Net of Accumulated Depreciation	23,010	24,543
Encumbrances	$ 0
Current Communities | Avalon Fashion Valley [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	161
Initial Cost
Land and improvements	$ 19,627
Building / Construction in Progress & Improvements	44,972
Costs Subsequent to Acquisition / Construction	696
Total Cost
Land	19,627
Building / Construction in Progress & Improvements	45,668
Total	65,295
Accumulated Depreciation	14,567
Total Cost, Net of Accumulated Depreciation	50,728	52,186
Encumbrances	$ 0
Current Communities | Eaves Rancho Penasquitos [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	250
Initial Cost
Land and improvements	$ 6,692
Building / Construction in Progress & Improvements	27,143
Costs Subsequent to Acquisition / Construction	3,242
Total Cost
Land	6,692
Building / Construction in Progress & Improvements	30,385
Total	37,077
Accumulated Depreciation	6,960
Total Cost, Net of Accumulated Depreciation	30,117	30,727
Encumbrances	$ 0
Current Communities | Avalon Vista [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	221
Initial Cost
Land and improvements	$ 12,689
Building / Construction in Progress & Improvements	43,327
Costs Subsequent to Acquisition / Construction	0
Total Cost
Land	12,689
Building / Construction in Progress & Improvements	43,327
Total	56,016
Accumulated Depreciation	4,125
Total Cost, Net of Accumulated Depreciation	51,891	53,512
Encumbrances	$ 0
Current Communities | Eaves La Mesa [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	168
Initial Cost
Land and improvements	$ 9,490
Building / Construction in Progress & Improvements	28,482
Costs Subsequent to Acquisition / Construction	1,962
Total Cost
Land	9,490
Building / Construction in Progress & Improvements	30,444
Total	39,934
Accumulated Depreciation	7,189
Total Cost, Net of Accumulated Depreciation	32,745	33,840
Encumbrances	$ 0
Current Communities | Avalon Silicon Valley [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	710
Initial Cost
Land and improvements	$ 20,713
Building / Construction in Progress & Improvements	99,573
Costs Subsequent to Acquisition / Construction	34,963
Total Cost
Land	20,713
Building / Construction in Progress & Improvements	134,536
Total	155,249
Accumulated Depreciation	71,577
Total Cost, Net of Accumulated Depreciation	83,672	85,041
Encumbrances	$ 0
Current Communities | Avalon Towers on the Peninsula [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	211
Initial Cost
Land and improvements	$ 9,560
Building / Construction in Progress & Improvements	56,136
Costs Subsequent to Acquisition / Construction	14,467
Total Cost
Land	9,560
Building / Construction in Progress & Improvements	70,603
Total	80,163
Accumulated Depreciation	31,563
Total Cost, Net of Accumulated Depreciation	48,600	45,523
Encumbrances	$ 0
Current Communities | Eaves San Marcos [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	184
Initial Cost
Land and improvements	$ 3,277
Building / Construction in Progress & Improvements	13,385
Costs Subsequent to Acquisition / Construction	4,557
Total Cost
Land	3,277
Building / Construction in Progress & Improvements	17,942
Total	21,219
Accumulated Depreciation	3,641
Total Cost, Net of Accumulated Depreciation	17,578	18,302
Encumbrances	$ 0
Current Communities | Avalon Glendora [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	280
Initial Cost
Land and improvements	$ 18,311
Building / Construction in Progress & Improvements	64,759
Costs Subsequent to Acquisition / Construction	100
Total Cost
Land	18,311
Building / Construction in Progress & Improvements	64,859
Total	83,170
Accumulated Depreciation	4,974
Total Cost, Net of Accumulated Depreciation	78,196	80,358
Encumbrances	$ 0
Current Communities | Avalon Irvine III [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	156
Initial Cost
Land and improvements	$ 11,607
Building / Construction in Progress & Improvements	43,977
Costs Subsequent to Acquisition / Construction	0
Total Cost
Land	11,607
Building / Construction in Progress & Improvements	43,977
Total	55,584
Accumulated Depreciation	2,842
Total Cost, Net of Accumulated Depreciation	52,742	54,232
Encumbrances	$ 0
Current Communities | Avalon Dublin Station II [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	252
Initial Cost
Land and improvements	$ 7,762
Building / Construction in Progress & Improvements	76,584
Costs Subsequent to Acquisition / Construction	26
Total Cost
Land	7,762
Building / Construction in Progress & Improvements	76,610
Total	84,372
Accumulated Depreciation	4,821
Total Cost, Net of Accumulated Depreciation	79,551	82,106
Encumbrances	$ 0
Current Communities | AVA North Hollywood [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	156
Initial Cost
Land and improvements	$ 18,408
Building / Construction in Progress & Improvements	49,940
Costs Subsequent to Acquisition / Construction	4,089
Total Cost
Land	18,408
Building / Construction in Progress & Improvements	54,029
Total	72,437
Accumulated Depreciation	3,810
Total Cost, Net of Accumulated Depreciation	68,627	70,816
Encumbrances	$ 0
Current Communities | AVA Studio City II [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	101
Initial Cost
Land and improvements	$ 4,626
Building / Construction in Progress & Improvements	22,954
Costs Subsequent to Acquisition / Construction	5,487
Total Cost
Land	4,626
Building / Construction in Progress & Improvements	28,441
Total	33,067
Accumulated Depreciation	5,160
Total Cost, Net of Accumulated Depreciation	27,907	24,848
Encumbrances	$ 0
Current Communities | Avalon Santa Monica on Main [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	133
Initial Cost
Land and improvements	$ 32,000
Building / Construction in Progress & Improvements	60,770
Costs Subsequent to Acquisition / Construction	13,179
Total Cost
Land	32,000
Building / Construction in Progress & Improvements	73,949
Total	105,949
Accumulated Depreciation	13,764
Total Cost, Net of Accumulated Depreciation	92,185	94,217
Encumbrances	$ 0
Current Communities | Avalon La Jolla Colony [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	180
Initial Cost
Land and improvements	$ 16,760
Building / Construction in Progress & Improvements	27,694
Costs Subsequent to Acquisition / Construction	12,052
Total Cost
Land	16,760
Building / Construction in Progress & Improvements	39,746
Total	56,506
Accumulated Depreciation	7,968
Total Cost, Net of Accumulated Depreciation	48,538	50,383
Encumbrances	$ 0
Current Communities | Eaves Old Town Pasadena [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	96
Initial Cost
Land and improvements	$ 9,110
Building / Construction in Progress & Improvements	15,371
Costs Subsequent to Acquisition / Construction	6,778
Total Cost
Land	9,110
Building / Construction in Progress & Improvements	22,149
Total	31,259
Accumulated Depreciation	4,085
Total Cost, Net of Accumulated Depreciation	27,174	22,644
Encumbrances	$ 0
Current Communities | Avalon Walnut Ridge I [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	106
Initial Cost
Land and improvements	$ 9,860
Building / Construction in Progress & Improvements	19,850
Costs Subsequent to Acquisition / Construction	5,268
Total Cost
Land	9,860
Building / Construction in Progress & Improvements	25,118
Total	34,978
Accumulated Depreciation	4,802
Total Cost, Net of Accumulated Depreciation	30,176	30,921
Encumbrances	$ 0
Current Communities | Avalon Pasadena [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	120
Initial Cost
Land and improvements	$ 10,240
Building / Construction in Progress & Improvements	31,558
Costs Subsequent to Acquisition / Construction	6,679
Total Cost
Land	10,240
Building / Construction in Progress & Improvements	38,237
Total	48,477
Accumulated Depreciation	7,273
Total Cost, Net of Accumulated Depreciation	41,204	42,580
Encumbrances	$ 0
Current Communities | AVA Studio City I [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	450
Initial Cost
Land and improvements	$ 17,658
Building / Construction in Progress & Improvements	90,715
Costs Subsequent to Acquisition / Construction	32,819
Total Cost
Land	17,658
Building / Construction in Progress & Improvements	123,534
Total	141,192
Accumulated Depreciation	20,681
Total Cost, Net of Accumulated Depreciation	120,511	116,321
Encumbrances	$ 0
Current Communities | The Lodge Denver West [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	252
Initial Cost
Land and improvements	$ 8,047
Building / Construction in Progress & Improvements	63,586
Costs Subsequent to Acquisition / Construction	5,284
Total Cost
Land	8,047
Building / Construction in Progress & Improvements	68,870
Total	76,917
Accumulated Depreciation	1,966
Total Cost, Net of Accumulated Depreciation	74,951
Encumbrances	$ 0
Current Communities | 850 Boca [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	370
Initial Cost
Land and improvements	$ 21,430
Building / Construction in Progress & Improvements	108,585
Costs Subsequent to Acquisition / Construction	8,717
Total Cost
Land	21,430
Building / Construction in Progress & Improvements	117,302
Total	138,732
Accumulated Depreciation	333
Total Cost, Net of Accumulated Depreciation	138,399
Encumbrances	$ 0
Current Communities | Avalon Chestnut Hill [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	204
Initial Cost
Land and improvements	$ 14,572
Building / Construction in Progress & Improvements	45,911
Costs Subsequent to Acquisition / Construction	10,260
Total Cost
Land	14,572
Building / Construction in Progress & Improvements	56,171
Total	70,743
Accumulated Depreciation	19,293
Total Cost, Net of Accumulated Depreciation	51,450	45,640
Encumbrances	$ 38,097
Current Communities | AVA Back Bay [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	271
Initial Cost
Land and improvements	$ 9,034
Building / Construction in Progress & Improvements	36,540
Costs Subsequent to Acquisition / Construction	47,327
Total Cost
Land	9,034
Building / Construction in Progress & Improvements	83,867
Total	92,901
Accumulated Depreciation	34,038
Total Cost, Net of Accumulated Depreciation	58,863	60,700
Encumbrances	$ 0
Current Communities | AVA Theater District [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	398
Initial Cost
Land and improvements	$ 17,070
Building / Construction in Progress & Improvements	163,580
Costs Subsequent to Acquisition / Construction	40
Total Cost
Land	17,070
Building / Construction in Progress & Improvements	163,620
Total	180,690
Accumulated Depreciation	13,499
Total Cost, Net of Accumulated Depreciation	167,191	172,387
Encumbrances	$ 0
Current Communities | Avalon Marlborough [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	350
Initial Cost
Land and improvements	$ 15,317
Building / Construction in Progress & Improvements	60,397
Costs Subsequent to Acquisition / Construction	11
Total Cost
Land	15,317
Building / Construction in Progress & Improvements	60,408
Total	75,725
Accumulated Depreciation	5,353
Total Cost, Net of Accumulated Depreciation	70,372	72,339
Encumbrances	$ 0
Current Communities | Avalon Framingham [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	180
Initial Cost
Land and improvements	$ 9,315
Building / Construction in Progress & Improvements	34,632
Costs Subsequent to Acquisition / Construction	0
Total Cost
Land	9,315
Building / Construction in Progress & Improvements	34,632
Total	43,947
Accumulated Depreciation	2,731
Total Cost, Net of Accumulated Depreciation	41,216	42,395
Encumbrances	$ 0
Current Communities | Avalon Bear Hill [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	324
Initial Cost
Land and improvements	$ 27,350
Building / Construction in Progress & Improvements	94,168
Costs Subsequent to Acquisition / Construction	28,764
Total Cost
Land	27,350
Building / Construction in Progress & Improvements	122,932
Total	150,282
Accumulated Depreciation	23,723
Total Cost, Net of Accumulated Depreciation	126,559	131,023
Encumbrances	$ 0
Current Communities | Avalon at Edgewater [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	168
Initial Cost
Land and improvements	$ 5,982
Building / Construction in Progress & Improvements	24,389
Costs Subsequent to Acquisition / Construction	9,182
Total Cost
Land	5,982
Building / Construction in Progress & Improvements	33,571
Total	39,553
Accumulated Depreciation	15,351
Total Cost, Net of Accumulated Depreciation	24,202	21,123
Encumbrances	$ 0
Current Communities | Avalon Bloomfield Station
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	224
Initial Cost
Land and improvements	$ 10,701
Building / Construction in Progress & Improvements	39,927
Costs Subsequent to Acquisition / Construction	0
Total Cost
Land	10,701
Building / Construction in Progress & Improvements	39,927
Total	50,628
Accumulated Depreciation	3,594
Total Cost, Net of Accumulated Depreciation	47,034	48,031
Encumbrances	$ 0
Current Communities | Avalon Union [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	202
Initial Cost
Land and improvements	$ 11,695
Building / Construction in Progress & Improvements	36,282
Costs Subsequent to Acquisition / Construction	0
Total Cost
Land	11,695
Building / Construction in Progress & Improvements	36,282
Total	47,977
Accumulated Depreciation	2,519
Total Cost, Net of Accumulated Depreciation	45,458	46,615
Encumbrances	$ 0
Current Communities | Avalon Hoboken [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	217
Initial Cost
Land and improvements	$ 37,237
Building / Construction in Progress & Improvements	87,220
Costs Subsequent to Acquisition / Construction	8,327
Total Cost
Land	37,237
Building / Construction in Progress & Improvements	95,547
Total	132,784
Accumulated Depreciation	11,390
Total Cost, Net of Accumulated Depreciation	121,394	124,435
Encumbrances	$ 67,904
Current Communities | Avalon Towers [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	109
Initial Cost
Land and improvements	$ 3,118
Building / Construction in Progress & Improvements	11,973
Costs Subsequent to Acquisition / Construction	24,372
Total Cost
Land	3,118
Building / Construction in Progress & Improvements	36,345
Total	39,463
Accumulated Depreciation	16,198
Total Cost, Net of Accumulated Depreciation	23,265	21,775
Encumbrances	$ 0
Current Communities | Avalon Riverview North [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	602
Initial Cost
Land and improvements	$ 0
Building / Construction in Progress & Improvements	165,966
Costs Subsequent to Acquisition / Construction	14,176
Total Cost
Land	0
Building / Construction in Progress & Improvements	180,142
Total	180,142
Accumulated Depreciation	59,765
Total Cost, Net of Accumulated Depreciation	120,377	122,418
Encumbrances	$ 0
Current Communities | AVA DoBro [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	500
Initial Cost
Land and improvements	$ 77,416
Building / Construction in Progress & Improvements	203,827
Costs Subsequent to Acquisition / Construction	0
Total Cost
Land	77,416
Building / Construction in Progress & Improvements	203,827
Total	281,243
Accumulated Depreciation	10,586
Total Cost, Net of Accumulated Depreciation	270,657	294,503
Encumbrances	$ 0
Current Communities | Avalon Green III [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	68
Initial Cost
Land and improvements	$ 4,985
Building / Construction in Progress & Improvements	17,300
Costs Subsequent to Acquisition / Construction	0
Total Cost
Land	4,985
Building / Construction in Progress & Improvements	17,300
Total	22,285
Accumulated Depreciation	1,248
Total Cost, Net of Accumulated Depreciation	21,037	21,585
Encumbrances	$ 0
Current Communities | Archstone Lexington [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	222
Initial Cost
Land and improvements	$ 4,540
Building / Construction in Progress & Improvements	25,946
Costs Subsequent to Acquisition / Construction	2,073
Total Cost
Land	4,540
Building / Construction in Progress & Improvements	28,019
Total	32,559
Accumulated Depreciation	6,883
Total Cost, Net of Accumulated Depreciation	25,676	26,669
Encumbrances	$ 21,700
Current Communities | Archstone Toscano [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	474
Initial Cost
Land and improvements	$ 15,607
Building / Construction in Progress & Improvements	72,889
Costs Subsequent to Acquisition / Construction	0
Total Cost
Land	15,607
Building / Construction in Progress & Improvements	72,889
Total	88,496
Accumulated Depreciation	11,044
Total Cost, Net of Accumulated Depreciation	77,452	79,819
Encumbrances	$ 0
Current Communities | Memorial Heights Villages [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	318
Initial Cost
Land and improvements	$ 9,607
Building / Construction in Progress & Improvements	48,448
Costs Subsequent to Acquisition / Construction	0
Total Cost
Land	9,607
Building / Construction in Progress & Improvements	48,448
Total	58,055
Accumulated Depreciation	10,516
Total Cost, Net of Accumulated Depreciation	47,539	48,508
Encumbrances	$ 0
Current Communities | Eaves Fairfax City [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	141
Initial Cost
Land and improvements	$ 2,152
Building / Construction in Progress & Improvements	8,907
Costs Subsequent to Acquisition / Construction	5,475
Total Cost
Land	2,152
Building / Construction in Progress & Improvements	14,382
Total	16,534
Accumulated Depreciation	8,176
Total Cost, Net of Accumulated Depreciation	8,358	8,773
Encumbrances	$ 0
Current Communities | Avalon at Arlington Square [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	842
Initial Cost
Land and improvements	$ 22,041
Building / Construction in Progress & Improvements	90,296
Costs Subsequent to Acquisition / Construction	31,555
Total Cost
Land	22,041
Building / Construction in Progress & Improvements	121,851
Total	143,892
Accumulated Depreciation	54,059
Total Cost, Net of Accumulated Depreciation	89,833	87,446
Encumbrances	$ 0
Current Communities | Avalon Potomac Yard [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	323
Initial Cost
Land and improvements	$ 24,225
Building / Construction in Progress & Improvements	77,137
Costs Subsequent to Acquisition / Construction	7,648
Total Cost
Land	24,225
Building / Construction in Progress & Improvements	84,785
Total	109,010
Accumulated Depreciation	8,659
Total Cost, Net of Accumulated Depreciation	100,351	103,333
Encumbrances	$ 0
Current Communities | Avalon Clarendon [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	300
Initial Cost
Land and improvements	$ 22,573
Building / Construction in Progress & Improvements	91,001
Costs Subsequent to Acquisition / Construction	8,521
Total Cost
Land	22,573
Building / Construction in Progress & Improvements	99,522
Total	122,095
Accumulated Depreciation	8,530
Total Cost, Net of Accumulated Depreciation	113,565	117,845
Encumbrances	$ 0
Current Communities | Avalon Columbia Pike [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	269
Initial Cost
Land and improvements	$ 18,830
Building / Construction in Progress & Improvements	78,395
Costs Subsequent to Acquisition / Construction	6,460
Total Cost
Land	18,830
Building / Construction in Progress & Improvements	84,855
Total	103,685
Accumulated Depreciation	5,993
Total Cost, Net of Accumulated Depreciation	97,692	100,352
Encumbrances	$ 68,637
Current Communities | Avalon Dunn Loring [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	440
Initial Cost
Land and improvements	$ 29,377
Building / Construction in Progress & Improvements	107,775
Costs Subsequent to Acquisition / Construction	14,301
Total Cost
Land	29,377
Building / Construction in Progress & Improvements	122,076
Total	151,453
Accumulated Depreciation	3,972
Total Cost, Net of Accumulated Depreciation	147,481
Encumbrances	$ 0
Current Communities | Avalon Falls Church [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	384
Initial Cost
Land and improvements	$ 39,544
Building / Construction in Progress & Improvements	66,160
Costs Subsequent to Acquisition / Construction	0
Total Cost
Land	39,544
Building / Construction in Progress & Improvements	66,160
Total	105,704
Accumulated Depreciation	5,899
Total Cost, Net of Accumulated Depreciation	99,805	102,279
Encumbrances	$ 0
Current Communities | Oakwood Arlington [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	184
Initial Cost
Land and improvements	$ 18,850
Building / Construction in Progress & Improvements	38,545
Costs Subsequent to Acquisition / Construction	3,052
Total Cost
Land	18,850
Building / Construction in Progress & Improvements	41,597
Total	60,447
Accumulated Depreciation	8,608
Total Cost, Net of Accumulated Depreciation	51,839	53,139
Encumbrances	$ 0
Current Communities | AVA Capitol Hill [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	249
Initial Cost
Land and improvements	$ 20,613
Building / Construction in Progress & Improvements	60,014
Costs Subsequent to Acquisition / Construction	0
Total Cost
Land	20,613
Building / Construction in Progress & Improvements	60,014
Total	80,627
Accumulated Depreciation	4,194
Total Cost, Net of Accumulated Depreciation	76,433	78,906
Encumbrances	$ 0
Current Communities | Avalon Alderwood II [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	124
Initial Cost
Land and improvements	$ 5,072
Building / Construction in Progress & Improvements	21,369
Costs Subsequent to Acquisition / Construction	0
Total Cost
Land	5,072
Building / Construction in Progress & Improvements	21,369
Total	26,441
Accumulated Depreciation	1,104
Total Cost, Net of Accumulated Depreciation	25,337	26,115
Encumbrances	$ 0
Current Communities | Avalon West Hollywood [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	294
Initial Cost
Land and improvements	$ 35,187
Building / Construction in Progress & Improvements	115,385
Costs Subsequent to Acquisition / Construction	0
Total Cost
Land	35,187
Building / Construction in Progress & Improvements	115,385
Total	150,572
Accumulated Depreciation	1,697
Total Cost, Net of Accumulated Depreciation	148,875	130,173
Encumbrances	$ 0
Current Communities | Avalon Chino Hills [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	331
Initial Cost
Land and improvements	$ 16,615
Building / Construction in Progress & Improvements	81,753
Costs Subsequent to Acquisition / Construction	0
Total Cost
Land	16,615
Building / Construction in Progress & Improvements	81,753
Total	98,368
Accumulated Depreciation	2,127
Total Cost, Net of Accumulated Depreciation	96,241	87,406
Encumbrances	$ 0
Current Communities | Avalon Huntington Beach [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	378
Initial Cost
Land and improvements	$ 13,055
Building / Construction in Progress & Improvements	105,719
Costs Subsequent to Acquisition / Construction	222
Total Cost
Land	13,055
Building / Construction in Progress & Improvements	105,941
Total	118,996
Accumulated Depreciation	4,995
Total Cost, Net of Accumulated Depreciation	114,001	115,269
Encumbrances	$ 0
Current Communities | Avalon North Station [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	503
Initial Cost
Land and improvements	$ 22,788
Building / Construction in Progress & Improvements	245,234
Costs Subsequent to Acquisition / Construction	306
Total Cost
Land	22,788
Building / Construction in Progress & Improvements	245,540
Total	268,328
Accumulated Depreciation	5,918
Total Cost, Net of Accumulated Depreciation	262,410	249,022
Encumbrances	$ 0
Current Communities | Avalon Quincy [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	395
Initial Cost
Land and improvements	$ 14,674
Building / Construction in Progress & Improvements	78,151
Costs Subsequent to Acquisition / Construction	0
Total Cost
Land	14,674
Building / Construction in Progress & Improvements	78,151
Total	92,825
Accumulated Depreciation	2,972
Total Cost, Net of Accumulated Depreciation	89,853	84,132
Encumbrances	$ 0
Current Communities | Avalon Easton [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	290
Initial Cost
Land and improvements	$ 3,151
Building / Construction in Progress & Improvements	59,245
Costs Subsequent to Acquisition / Construction	0
Total Cost
Land	3,151
Building / Construction in Progress & Improvements	59,245
Total	62,396
Accumulated Depreciation	840
Total Cost, Net of Accumulated Depreciation	61,556	29,074
Encumbrances	$ 0
Current Communities | Avalon Hunt Valley [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	332
Initial Cost
Land and improvements	$ 10,842
Building / Construction in Progress & Improvements	62,596
Costs Subsequent to Acquisition / Construction	0
Total Cost
Land	10,842
Building / Construction in Progress & Improvements	62,596
Total	73,438
Accumulated Depreciation	2,144
Total Cost, Net of Accumulated Depreciation	71,294	67,019
Encumbrances	$ 0
Current Communities | Avalon Laurel [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	344
Initial Cost
Land and improvements	$ 10,122
Building / Construction in Progress & Improvements	61,803
Costs Subsequent to Acquisition / Construction	0
Total Cost
Land	10,122
Building / Construction in Progress & Improvements	61,803
Total	71,925
Accumulated Depreciation	2,919
Total Cost, Net of Accumulated Depreciation	69,006	69,532
Encumbrances	$ 0
Current Communities | Avalon Princeton [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	280
Initial Cost
Land and improvements	$ 26,459
Building / Construction in Progress & Improvements	68,175
Costs Subsequent to Acquisition / Construction	303
Total Cost
Land	26,459
Building / Construction in Progress & Improvements	68,478
Total	94,937
Accumulated Depreciation	2,363
Total Cost, Net of Accumulated Depreciation	92,574	88,360
Encumbrances	$ 0
Current Communities | Avalon Willoughby Square [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	326
Initial Cost
Land and improvements	$ 50,475
Building / Construction in Progress & Improvements	132,892
Costs Subsequent to Acquisition / Construction	0
Total Cost
Land	50,475
Building / Construction in Progress & Improvements	132,892
Total	183,367
Accumulated Depreciation	6,901
Total Cost, Net of Accumulated Depreciation	176,466	153,310
Encumbrances	$ 0
Current Communities | Avalon Great Neck [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	191
Initial Cost
Land and improvements	$ 14,776
Building / Construction in Progress & Improvements	64,459
Costs Subsequent to Acquisition / Construction	0
Total Cost
Land	14,776
Building / Construction in Progress & Improvements	64,459
Total	79,235
Accumulated Depreciation	931
Total Cost, Net of Accumulated Depreciation	78,304	55,671
Encumbrances	$ 0
Current Communities | Avalon Rockville Centre II [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	165
Initial Cost
Land and improvements	$ 7,534
Building / Construction in Progress & Improvements	49,115
Costs Subsequent to Acquisition / Construction	0
Total Cost
Land	7,534
Building / Construction in Progress & Improvements	49,115
Total	56,649
Accumulated Depreciation	267
Total Cost, Net of Accumulated Depreciation	56,382	26,796
Encumbrances	$ 0
Current Communities | Avalon Esterra Park [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	482
Initial Cost
Land and improvements	$ 22,668
Building / Construction in Progress & Improvements	112,441
Costs Subsequent to Acquisition / Construction	305
Total Cost
Land	22,668
Building / Construction in Progress & Improvements	112,746
Total	135,414
Accumulated Depreciation	4,963
Total Cost, Net of Accumulated Depreciation	130,451	127,986
Encumbrances	$ 0
Current Communities | Avalon Newcastle Commons I [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	378
Initial Cost
Land and improvements	$ 9,622
Building / Construction in Progress & Improvements	109,453
Costs Subsequent to Acquisition / Construction	0
Total Cost
Land	9,622
Building / Construction in Progress & Improvements	109,453
Total	119,075
Accumulated Depreciation	1,889
Total Cost, Net of Accumulated Depreciation	117,186	92,267
Encumbrances	$ 0
Current Communities | Avalon on the Alameda [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	305
Initial Cost
Land and improvements	$ 6,119
Building / Construction in Progress & Improvements	50,225
Costs Subsequent to Acquisition / Construction	10,087
Total Cost
Land	6,119
Building / Construction in Progress & Improvements	60,312
Total	66,431
Accumulated Depreciation	33,696
Total Cost, Net of Accumulated Depreciation	32,735	27,497
Encumbrances	$ 0
Current Communities | AVA Toluca Hills [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	1,151
Initial Cost
Land and improvements	$ 86,450
Building / Construction in Progress & Improvements	161,256
Costs Subsequent to Acquisition / Construction	37,513
Total Cost
Land	86,450
Building / Construction in Progress & Improvements	198,769
Total	285,219
Accumulated Depreciation	39,361
Total Cost, Net of Accumulated Depreciation	245,858	227,814
Encumbrances	$ 0
Current Communities | AVA Van Ness [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	269
Initial Cost
Land and improvements	$ 22,890
Building / Construction in Progress & Improvements	58,691
Costs Subsequent to Acquisition / Construction	9,030
Total Cost
Land	22,890
Building / Construction in Progress & Improvements	67,721
Total	90,611
Accumulated Depreciation	13,443
Total Cost, Net of Accumulated Depreciation	77,168	74,556
Encumbrances	$ 0
Current Communities | Avalon at Prudential Center II [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	266
Initial Cost
Land and improvements	$ 8,776
Building / Construction in Progress & Improvements	35,496
Costs Subsequent to Acquisition / Construction	52,864
Total Cost
Land	8,776
Building / Construction in Progress & Improvements	88,360
Total	97,136
Accumulated Depreciation	32,748
Total Cost, Net of Accumulated Depreciation	64,388	59,218
Encumbrances	$ 0
Current Communities | Avalon at Florham Park [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	270
Initial Cost
Land and improvements	$ 6,647
Building / Construction in Progress & Improvements	34,906
Costs Subsequent to Acquisition / Construction	7,083
Total Cost
Land	6,647
Building / Construction in Progress & Improvements	41,989
Total	48,636
Accumulated Depreciation	22,468
Total Cost, Net of Accumulated Depreciation	26,168	23,830
Encumbrances	$ 0
Current Communities | Avalon at Edgewater II [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	240
Initial Cost
Land and improvements	$ 0
Building / Construction in Progress & Improvements	299
Costs Subsequent to Acquisition / Construction	37,003
Total Cost
Land	0
Building / Construction in Progress & Improvements	37,302
Total	37,302
Accumulated Depreciation	0
Total Cost, Net of Accumulated Depreciation	37,302
Encumbrances	$ 0
Current Communities | Avalon Willow [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	227
Initial Cost
Land and improvements	$ 6,207
Building / Construction in Progress & Improvements	40,791
Costs Subsequent to Acquisition / Construction	9,010
Total Cost
Land	6,207
Building / Construction in Progress & Improvements	49,801
Total	56,008
Accumulated Depreciation	26,424
Total Cost, Net of Accumulated Depreciation	29,584	24,153
Encumbrances	$ 0
Current Communities | Avalon Midtown West [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	550
Initial Cost
Land and improvements	$ 154,730
Building / Construction in Progress & Improvements	180,253
Costs Subsequent to Acquisition / Construction	23,290
Total Cost
Land	154,730
Building / Construction in Progress & Improvements	203,543
Total	358,273
Accumulated Depreciation	41,452
Total Cost, Net of Accumulated Depreciation	316,821	313,096
Encumbrances	$ 100,500
Current Communities | Avalon Ballston Square [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	714
Initial Cost
Land and improvements	$ 71,640
Building / Construction in Progress & Improvements	215,937
Costs Subsequent to Acquisition / Construction	16,378
Total Cost
Land	71,640
Building / Construction in Progress & Improvements	232,315
Total	303,955
Accumulated Depreciation	47,256
Total Cost, Net of Accumulated Depreciation	256,699	262,722
Encumbrances	$ 0
Boston, MA [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	6,427
Initial Cost
Land and improvements	$ 211,519
Building / Construction in Progress & Improvements	1,048,777
Costs Subsequent to Acquisition / Construction	145,465
Total Cost
Land	211,519
Building / Construction in Progress & Improvements	1,194,242
Total	1,405,761
Accumulated Depreciation	352,970
Total Cost, Net of Accumulated Depreciation	1,052,791	1,081,830
Encumbrances	$ 138,160
Fairfield-New Haven, CT [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	1,970
Initial Cost
Land and improvements	$ 72,283
Building / Construction in Progress & Improvements	343,032
Costs Subsequent to Acquisition / Construction	31,600
Total Cost
Land	72,283
Building / Construction in Progress & Improvements	374,632
Total	446,915
Accumulated Depreciation	137,674
Total Cost, Net of Accumulated Depreciation	309,241	320,844
Encumbrances	$ 0
New England
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	8,397
Initial Cost
Land and improvements	$ 283,802
Building / Construction in Progress & Improvements	1,391,809
Costs Subsequent to Acquisition / Construction	177,065
Total Cost
Land	283,802
Building / Construction in Progress & Improvements	1,568,874
Total	1,852,676
Accumulated Depreciation	490,644
Total Cost, Net of Accumulated Depreciation	1,362,032	1,402,674
Encumbrances	$ 138,160
New York City, NY [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	2,931
Initial Cost
Land and improvements	$ 361,674
Building / Construction in Progress & Improvements	1,022,045
Costs Subsequent to Acquisition / Construction	38,186
Total Cost
Land	361,674
Building / Construction in Progress & Improvements	1,060,231
Total	1,421,905
Accumulated Depreciation	272,595
Total Cost, Net of Accumulated Depreciation	1,149,310	1,088,658
Encumbrances	$ 462,300
New York - Suburban [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	3,659
Initial Cost
Land and improvements	$ 220,547
Building / Construction in Progress & Improvements	690,099
Costs Subsequent to Acquisition / Construction	47,564
Total Cost
Land	220,547
Building / Construction in Progress & Improvements	737,663
Total	958,210
Accumulated Depreciation	240,520
Total Cost, Net of Accumulated Depreciation	717,690	740,393
Encumbrances	$ 78,650
New Jersey [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	3,781
Initial Cost
Land and improvements	$ 104,631
Building / Construction in Progress & Improvements	525,174
Costs Subsequent to Acquisition / Construction	59,770
Total Cost
Land	104,631
Building / Construction in Progress & Improvements	584,944
Total	689,575
Accumulated Depreciation	187,501
Total Cost, Net of Accumulated Depreciation	502,074	520,050
Encumbrances	$ 0
Metro NY/NJ
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	10,371
Initial Cost
Land and improvements	$ 686,852
Building / Construction in Progress & Improvements	2,237,318
Costs Subsequent to Acquisition / Construction	145,520
Total Cost
Land	686,852
Building / Construction in Progress & Improvements	2,382,838
Total	3,069,690
Accumulated Depreciation	700,616
Total Cost, Net of Accumulated Depreciation	2,369,074	2,349,101
Encumbrances	$ 540,950
Mid-Atlantic
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	8,985
Initial Cost
Land and improvements	$ 482,790
Building / Construction in Progress & Improvements	1,428,471
Costs Subsequent to Acquisition / Construction	144,805
Total Cost
Land	482,790
Building / Construction in Progress & Improvements	1,573,276
Total	2,056,066
Accumulated Depreciation	479,051
Total Cost, Net of Accumulated Depreciation	1,577,015	1,622,622
Encumbrances	$ 32,200
Pacific Northwest
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	3,305
Initial Cost
Land and improvements	$ 118,580
Building / Construction in Progress & Improvements	577,257
Costs Subsequent to Acquisition / Construction	42,695
Total Cost
Land	118,580
Building / Construction in Progress & Improvements	619,952
Total	738,532
Accumulated Depreciation	196,860
Total Cost, Net of Accumulated Depreciation	541,672	557,413
Encumbrances	$ 0
San Jose, CA [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	3,487
Initial Cost
Land and improvements	$ 260,673
Building / Construction in Progress & Improvements	561,680
Costs Subsequent to Acquisition / Construction	86,677
Total Cost
Land	260,673
Building / Construction in Progress & Improvements	648,357
Total	909,030
Accumulated Depreciation	231,510
Total Cost, Net of Accumulated Depreciation	677,520	698,312
Encumbrances	$ 38,800
Oakland - East Bay, CA [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	3,489
Initial Cost
Land and improvements	$ 122,976
Building / Construction in Progress & Improvements	645,570
Costs Subsequent to Acquisition / Construction	81,599
Total Cost
Land	122,976
Building / Construction in Progress & Improvements	727,169
Total	850,145
Accumulated Depreciation	243,375
Total Cost, Net of Accumulated Depreciation	606,770	623,218
Encumbrances	$ 3,557
San Francisco, CA [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	3,349
Initial Cost
Land and improvements	$ 216,871
Building / Construction in Progress & Improvements	748,398
Costs Subsequent to Acquisition / Construction	106,519
Total Cost
Land	216,871
Building / Construction in Progress & Improvements	854,917
Total	1,071,788
Accumulated Depreciation	282,491
Total Cost, Net of Accumulated Depreciation	789,297	813,641
Encumbrances	$ 185,698
Northern California
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	10,325
Initial Cost
Land and improvements	$ 600,520
Building / Construction in Progress & Improvements	1,955,648
Costs Subsequent to Acquisition / Construction	274,795
Total Cost
Land	600,520
Building / Construction in Progress & Improvements	2,230,443
Total	2,830,963
Accumulated Depreciation	757,376
Total Cost, Net of Accumulated Depreciation	2,073,587	2,135,171
Encumbrances	$ 228,055
Los Angeles, CA [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	8,380
Initial Cost
Land and improvements	$ 477,004
Building / Construction in Progress & Improvements	1,306,247
Costs Subsequent to Acquisition / Construction	205,941
Total Cost
Land	477,004
Building / Construction in Progress & Improvements	1,512,188
Total	1,989,192
Accumulated Depreciation	434,469
Total Cost, Net of Accumulated Depreciation	1,554,723	1,601,740
Encumbrances	$ 260,475
Orange County, CA [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	3,087
Initial Cost
Land and improvements	$ 144,500
Building / Construction in Progress & Improvements	462,922
Costs Subsequent to Acquisition / Construction	59,318
Total Cost
Land	144,500
Building / Construction in Progress & Improvements	522,240
Total	666,740
Accumulated Depreciation	154,830
Total Cost, Net of Accumulated Depreciation	511,910	527,447
Encumbrances	$ 7,635
San Diego, CA [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	1,863
Initial Cost
Land and improvements	$ 63,898
Building / Construction in Progress & Improvements	215,562
Costs Subsequent to Acquisition / Construction	82,444
Total Cost
Land	63,898
Building / Construction in Progress & Improvements	298,006
Total	361,904
Accumulated Depreciation	112,045
Total Cost, Net of Accumulated Depreciation	249,859	259,728
Encumbrances	$ 0
Southern California
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	13,330
Initial Cost
Land and improvements	$ 685,402
Building / Construction in Progress & Improvements	1,984,731
Costs Subsequent to Acquisition / Construction	347,703
Total Cost
Land	685,402
Building / Construction in Progress & Improvements	2,332,434
Total	3,017,836
Accumulated Depreciation	701,344
Total Cost, Net of Accumulated Depreciation	2,316,492	2,388,915
Encumbrances	$ 268,110
Established [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	54,713
Initial Cost
Land and improvements	$ 2,857,946
Building / Construction in Progress & Improvements	9,575,234
Costs Subsequent to Acquisition / Construction	1,132,583
Total Cost
Land	2,857,946
Building / Construction in Progress & Improvements	10,707,817
Total	13,565,763
Accumulated Depreciation	3,325,891
Total Cost, Net of Accumulated Depreciation	10,239,872	10,455,896
Encumbrances	$ 1,207,475
Lease-Up Communities [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	4,689
Initial Cost
Land and improvements	$ 257,968
Building / Construction in Progress & Improvements	1,346,421
Costs Subsequent to Acquisition / Construction	1,136
Total Cost
Land	257,968
Building / Construction in Progress & Improvements	1,347,557
Total	1,605,525
Accumulated Depreciation	40,926
Total Cost, Net of Accumulated Depreciation	1,564,599	1,376,017
Encumbrances	$ 0
Redevelopment Communities [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	3,992
Initial Cost
Land and improvements	$ 363,459
Building / Construction in Progress & Improvements	777,854
Costs Subsequent to Acquisition / Construction	202,258
Total Cost
Land	363,459
Building / Construction in Progress & Improvements	980,112
Total	1,343,571
Accumulated Depreciation	256,848
Total Cost, Net of Accumulated Depreciation	1,086,723	1,012,886
Encumbrances	$ 100,500
Other Stabilized
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	11,844
Initial Cost
Land and improvements	$ 696,192
Building / Construction in Progress & Improvements	2,654,431
Costs Subsequent to Acquisition / Construction	376,009
Total Cost
Land	696,192
Building / Construction in Progress & Improvements	3,030,440
Total	3,726,632
Accumulated Depreciation	546,185
Total Cost, Net of Accumulated Depreciation	3,180,447	2,876,445
Encumbrances	$ 196,338
Development Communities [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	6,279
Initial Cost
Land and improvements	$ 47,713
Building / Construction in Progress & Improvements	319,551
Costs Subsequent to Acquisition / Construction	1,156,842
Total Cost
Land	47,713
Building / Construction in Progress & Improvements	1,476,393
Total	1,524,106
Accumulated Depreciation	3,699
Total Cost, Net of Accumulated Depreciation	1,520,407	930,496
Encumbrances	$ 0
Development Communities [Member] | Avalon Dogpatch [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	326
Initial Cost
Land and improvements	$ 9,494
Building / Construction in Progress & Improvements	73,702
Costs Subsequent to Acquisition / Construction	99,991
Total Cost
Land	9,494
Building / Construction in Progress & Improvements	173,693
Total	183,187
Accumulated Depreciation	621
Total Cost, Net of Accumulated Depreciation	182,566	108,565
Encumbrances	$ 0
Development Communities [Member] | Avalon Public Market [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	289
Initial Cost
Land and improvements	$ 0
Building / Construction in Progress & Improvements	83
Costs Subsequent to Acquisition / Construction	55,789
Total Cost
Land	0
Building / Construction in Progress & Improvements	55,872
Total	55,872
Accumulated Depreciation	0
Total Cost, Net of Accumulated Depreciation	55,872	29,698
Encumbrances	$ 0
Development Communities [Member] | AVA Hollywood [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	695
Initial Cost
Land and improvements	$ 0
Building / Construction in Progress & Improvements	275
Costs Subsequent to Acquisition / Construction	168,732
Total Cost
Land	0
Building / Construction in Progress & Improvements	169,007
Total	169,007
Accumulated Depreciation	0
Total Cost, Net of Accumulated Depreciation	169,007	123,267
Encumbrances	$ 0
Development Communities [Member] | Avalon Walnut Creek II [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	200
Initial Cost
Land and improvements	$ 0
Building / Construction in Progress & Improvements	0
Costs Subsequent to Acquisition / Construction	8,812
Total Cost
Land	0
Building / Construction in Progress & Improvements	8,812
Total	8,812
Accumulated Depreciation	0
Total Cost, Net of Accumulated Depreciation	8,812
Encumbrances	$ 0
Development Communities [Member] | AVA NoMa [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	438
Initial Cost
Land and improvements	$ 18,831
Building / Construction in Progress & Improvements	91,621
Costs Subsequent to Acquisition / Construction	27,007
Total Cost
Land	18,831
Building / Construction in Progress & Improvements	118,628
Total	137,459
Accumulated Depreciation	1,592
Total Cost, Net of Accumulated Depreciation	135,867	109,200
Encumbrances	$ 0
Development Communities [Member] | Avalon at the Hingham Shipyard II [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	190
Initial Cost
Land and improvements	$ 0
Building / Construction in Progress & Improvements	0
Costs Subsequent to Acquisition / Construction	23,792
Total Cost
Land	0
Building / Construction in Progress & Improvements	23,792
Total	23,792
Accumulated Depreciation	0
Total Cost, Net of Accumulated Depreciation	23,792
Encumbrances	$ 0
Development Communities [Member] | Avalon Sudbury [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	250
Initial Cost
Land and improvements	$ 0
Building / Construction in Progress & Improvements	0
Costs Subsequent to Acquisition / Construction	33,595
Total Cost
Land	0
Building / Construction in Progress & Improvements	33,595
Total	33,595
Accumulated Depreciation	0
Total Cost, Net of Accumulated Depreciation	33,595
Encumbrances	$ 0
Development Communities [Member] | AVA Wheaton [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	319
Initial Cost
Land and improvements	$ 2,624
Building / Construction in Progress & Improvements	29,826
Costs Subsequent to Acquisition / Construction	38,017
Total Cost
Land	2,624
Building / Construction in Progress & Improvements	67,843
Total	70,467
Accumulated Depreciation	279
Total Cost, Net of Accumulated Depreciation	70,188	35,361
Encumbrances	$ 0
Development Communities [Member] | Avalon Towson [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	371
Initial Cost
Land and improvements	$ 0
Building / Construction in Progress & Improvements	0
Costs Subsequent to Acquisition / Construction	3,985
Total Cost
Land	0
Building / Construction in Progress & Improvements	3,985
Total	3,985
Accumulated Depreciation	0
Total Cost, Net of Accumulated Depreciation	3,985
Encumbrances	$ 0
Development Communities [Member] | Avalon Maplewood [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	235
Initial Cost
Land and improvements	$ 3,230
Building / Construction in Progress & Improvements	13,019
Costs Subsequent to Acquisition / Construction	45,009
Total Cost
Land	3,230
Building / Construction in Progress & Improvements	58,028
Total	61,258
Accumulated Depreciation	56
Total Cost, Net of Accumulated Depreciation	61,202	48,453
Encumbrances	$ 0
Development Communities [Member] | Avalon Boonton [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	350
Initial Cost
Land and improvements	$ 0
Building / Construction in Progress & Improvements	124
Costs Subsequent to Acquisition / Construction	29,830
Total Cost
Land	0
Building / Construction in Progress & Improvements	29,954
Total	29,954
Accumulated Depreciation	0
Total Cost, Net of Accumulated Depreciation	29,954	8,292
Encumbrances	$ 0
Development Communities [Member] | Avalon Teaneck [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	248
Initial Cost
Land and improvements	$ 0
Building / Construction in Progress & Improvements	42
Costs Subsequent to Acquisition / Construction	18,567
Total Cost
Land	0
Building / Construction in Progress & Improvements	18,609
Total	18,609
Accumulated Depreciation	0
Total Cost, Net of Accumulated Depreciation	18,609	14,034
Encumbrances	$ 0
Development Communities [Member] | Avalon Piscataway [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	360
Initial Cost
Land and improvements	$ 0
Building / Construction in Progress & Improvements	248
Costs Subsequent to Acquisition / Construction	28,055
Total Cost
Land	0
Building / Construction in Progress & Improvements	28,303
Total	28,303
Accumulated Depreciation	0
Total Cost, Net of Accumulated Depreciation	28,303
Encumbrances	$ 0
Development Communities [Member] | Avalon Brooklyn Bay [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	180
Initial Cost
Land and improvements	$ 8,830
Building / Construction in Progress & Improvements	76,690
Costs Subsequent to Acquisition / Construction	5,004
Total Cost
Land	8,830
Building / Construction in Progress & Improvements	81,694
Total	90,524
Accumulated Depreciation	781
Total Cost, Net of Accumulated Depreciation	89,743	58,833
Encumbrances	$ 0
Development Communities [Member] | Avalon Somers [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	152
Initial Cost
Land and improvements	$ 4,704
Building / Construction in Progress & Improvements	33,404
Costs Subsequent to Acquisition / Construction	4,046
Total Cost
Land	4,704
Building / Construction in Progress & Improvements	37,450
Total	42,154
Accumulated Depreciation	370
Total Cost, Net of Accumulated Depreciation	41,784	16,586
Encumbrances	$ 0
Development Communities [Member] | 11 West 61st Street [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	172
Initial Cost
Land and improvements	$ 0
Building / Construction in Progress & Improvements	339
Costs Subsequent to Acquisition / Construction	440,373
Total Cost
Land	0
Building / Construction in Progress & Improvements	440,712
Total	440,712
Accumulated Depreciation	0
Total Cost, Net of Accumulated Depreciation	440,712	348,821
Encumbrances	$ 0
Development Communities [Member] | Avalon Yonkers [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	590
Initial Cost
Land and improvements	$ 0
Building / Construction in Progress & Improvements	0
Costs Subsequent to Acquisition / Construction	23,300
Total Cost
Land	0
Building / Construction in Progress & Improvements	23,300
Total	23,300
Accumulated Depreciation	0
Total Cost, Net of Accumulated Depreciation	23,300
Encumbrances	$ 0
Development Communities [Member] | Avalon Belltown Towers [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	275
Initial Cost
Land and improvements	$ 0
Building / Construction in Progress & Improvements	55
Costs Subsequent to Acquisition / Construction	50,581
Total Cost
Land	0
Building / Construction in Progress & Improvements	50,636
Total	50,636
Accumulated Depreciation	0
Total Cost, Net of Accumulated Depreciation	50,636	29,386
Encumbrances	$ 0
Development Communities [Member] | AVA Esterra Park [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	323
Initial Cost
Land and improvements	$ 0
Building / Construction in Progress & Improvements	123
Costs Subsequent to Acquisition / Construction	36,925
Total Cost
Land	0
Building / Construction in Progress & Improvements	37,048
Total	37,048
Accumulated Depreciation	0
Total Cost, Net of Accumulated Depreciation	37,048
Encumbrances	$ 0
Development Communities [Member] | Avalon North Creek [Member]
Real Estate and Accumulated Depreciation
Number of Apartment Homes in Communities Owned | home	316
Initial Cost
Land and improvements	$ 0
Building / Construction in Progress & Improvements	0
Costs Subsequent to Acquisition / Construction	15,432
Total Cost
Land	0
Building / Construction in Progress & Improvements	15,432
Total	15,432
Accumulated Depreciation	0
Total Cost, Net of Accumulated Depreciation	15,432
Encumbrances	0
Land Held for Development
Initial Cost
Land and improvements	68,364
Total Cost
Land	68,364
Total	68,364
Total Cost, Net of Accumulated Depreciation	68,364	84,293
Corporate overhead
Initial Cost
Land and improvements	14,040
Building / Construction in Progress & Improvements	10,746
Costs Subsequent to Acquisition / Construction	77,189
Total Cost
Land	14,040
Building / Construction in Progress & Improvements	87,935
Total	101,975
Accumulated Depreciation	44,830
Total Cost, Net of Accumulated Depreciation	57,145	53,309
Encumbrances	$ 5,900,000
2017 Disposals [Member]
Total Cost
Total Cost, Net of Accumulated Depreciation		$ 243,652