REAL ESTATE AND ACCUMULATED DEPRECIATION (Details) ft² in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2018 USD ($) home ft²	Dec. 31, 2017 USD ($)	Dec. 31, 2016 USD ($)	Dec. 31, 2015 USD ($)
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	81,499
Initial Cost
Land and improvements	$ 4,183,719
Building / Construction in Progress & Improvements	14,536,395
Costs Subsequent to Acquisition / Construction	3,622,462
Total Cost
Land	4,183,719
Building / Construction in Progress & Improvements	18,158,857
Total	22,342,576	$ 21,935,936	$ 20,776,626	$ 19,268,099
Accumulated Depreciation	4,611,646	4,218,379	$ 3,743,632	$ 3,325,790
Total Cost, Net of Accumulated Depreciation	17,730,930	17,717,557
Encumbrances	$ 7,102,355
Current Communities
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	74,890
Initial Cost
Land and improvements	$ 4,068,035
Building / Construction in Progress & Improvements	14,395,399
Costs Subsequent to Acquisition / Construction	1,889,559
Total Cost
Land	4,068,035
Building / Construction in Progress & Improvements	16,284,958
Total	20,352,993
Accumulated Depreciation	4,556,052
Total Cost, Net of Accumulated Depreciation	15,796,941	15,707,425
Encumbrances	$ 1,152,355
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	10,758
Total Cost
Land	2,124
Building / Construction in Progress & Improvements	23,325
Total	25,449
Accumulated Depreciation	14,980
Total Cost, Net of Accumulated Depreciation	10,469	10,704
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	6,197
Total Cost
Land	2,129
Building / Construction in Progress & Improvements	23,764
Total	25,893
Accumulated Depreciation	14,742
Total Cost, Net of Accumulated Depreciation	11,151	11,429
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	10,450
Total Cost
Land	1,743
Building / Construction in Progress & Improvements	25,112
Total	26,855
Accumulated Depreciation	15,381
Total Cost, Net of Accumulated Depreciation	11,474	12,133
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	1,652
Total Cost
Land	3,318
Building / Construction in Progress & Improvements	15,117
Total	18,435
Accumulated Depreciation	8,634
Total Cost, Net of Accumulated Depreciation	9,801	9,953
Encumbrances	$ 0
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	2,855
Total Cost
Land	2,983
Building / Construction in Progress & Improvements	20,825
Total	23,808
Accumulated Depreciation	12,331
Total Cost, Net of Accumulated Depreciation	11,477	12,192
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	1,375
Total Cost
Land	6,876
Building / Construction in Progress & Improvements	31,776
Total	38,652
Accumulated Depreciation	12,327
Total Cost, Net of Accumulated Depreciation	26,325	26,843
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	14,022
Total Cost
Land	4,645
Building / Construction in Progress & Improvements	32,941
Total	37,586
Accumulated Depreciation	14,522
Total Cost, Net of Accumulated Depreciation	23,064	23,794
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	2,681
Total Cost
Land	4,258
Building / Construction in Progress & Improvements	23,232
Total	27,490
Accumulated Depreciation	9,781
Total Cost, Net of Accumulated Depreciation	17,709	17,343
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	7,759
Total Cost
Land	8,691
Building / Construction in Progress & Improvements	86,880
Total	95,571
Accumulated Depreciation	31,789
Total Cost, Net of Accumulated Depreciation	63,782	63,555
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	4,416
Total Cost
Land	13,124
Building / Construction in Progress & Improvements	53,111
Total	66,235
Accumulated Depreciation	19,390
Total Cost, Net of Accumulated Depreciation	46,845	47,864
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	3,887
Total Cost
Land	12,218
Building / Construction in Progress & Improvements	45,543
Total	57,761
Accumulated Depreciation	15,678
Total Cost, Net of Accumulated Depreciation	42,083	42,404
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	1,432
Total Cost
Land	4,719
Building / Construction in Progress & Improvements	26,910
Total	31,629
Accumulated Depreciation	9,697
Total Cost, Net of Accumulated Depreciation	21,932	22,330
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	2,590
Total Cost
Land	8,144
Building / Construction in Progress & Improvements	54,774
Total	62,918
Accumulated Depreciation	16,932
Total Cost, Net of Accumulated Depreciation	45,986	47,120
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	621
Total Cost
Land	8,802
Building / Construction in Progress & Improvements	46,787
Total	55,589
Accumulated Depreciation	11,576
Total Cost, Net of Accumulated Depreciation	44,013	45,337
Encumbrances	$ 0
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	291
Total Cost
Land	16,313
Building / Construction in Progress & Improvements	110,319
Total	126,632
Accumulated Depreciation	17,615
Total Cost, Net of Accumulated Depreciation	109,017	112,883
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	75
Total Cost
Land	15,645
Building / Construction in Progress & Improvements	64,920
Total	80,565
Accumulated Depreciation	12,778
Total Cost, Net of Accumulated Depreciation	67,787	70,094
Encumbrances	$ 47,637
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	52,454
Costs Subsequent to Acquisition / Construction	143
Total Cost
Land	8,599
Building / Construction in Progress & Improvements	52,597
Total	61,196
Accumulated Depreciation	8,685
Total Cost, Net of Accumulated Depreciation	52,511	54,339
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	56,460
Costs Subsequent to Acquisition / Construction	71
Total Cost
Land	10,945
Building / Construction in Progress & Improvements	56,531
Total	67,476
Accumulated Depreciation	8,280
Total Cost, Net of Accumulated Depreciation	59,196	61,219
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	6,879
Total Cost
Land	7,714
Building / Construction in Progress & Improvements	39,378
Total	47,092
Accumulated Depreciation	8,096
Total Cost, Net of Accumulated Depreciation	38,996	40,187
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	$ 17,072
Building / Construction in Progress & Improvements	163,633
Costs Subsequent to Acquisition / Construction	131
Total Cost
Land	17,072
Building / Construction in Progress & Improvements	163,764
Total	180,836
Accumulated Depreciation	19,204
Total Cost, Net of Accumulated Depreciation	161,632	167,191
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	60,649
Costs Subsequent to Acquisition / Construction	16,664
Total Cost
Land	15,600
Building / Construction in Progress & Improvements	77,313
Total	92,913
Accumulated Depreciation	16,123
Total Cost, Net of Accumulated Depreciation	76,790	79,079
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	$ 15,367
Building / Construction in Progress & Improvements	60,397
Costs Subsequent to Acquisition / Construction	276
Total Cost
Land	15,367
Building / Construction in Progress & Improvements	60,673
Total	76,040
Accumulated Depreciation	7,574
Total Cost, Net of Accumulated Depreciation	68,466	70,372
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	34,631
Costs Subsequent to Acquisition / Construction	13
Total Cost
Land	9,315
Building / Construction in Progress & Improvements	34,644
Total	43,959
Accumulated Depreciation	3,993
Total Cost, Net of Accumulated Depreciation	39,966	41,216
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	29,108
Total Cost
Land	27,350
Building / Construction in Progress & Improvements	123,276
Total	150,626
Accumulated Depreciation	28,323
Total Cost, Net of Accumulated Depreciation	122,303	126,559
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	15,562
Total Cost
Land	0
Building / Construction in Progress & Improvements	42,378
Total	42,378
Accumulated Depreciation	26,239
Total Cost, Net of Accumulated Depreciation	16,139	15,745
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	13,773
Total Cost
Land	5,956
Building / Construction in Progress & Improvements	37,766
Total	43,722
Accumulated Depreciation	25,666
Total Cost, Net of Accumulated Depreciation	18,056	18,851
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	7,093
Total Cost
Land	2,116
Building / Construction in Progress & Improvements	21,757
Total	23,873
Accumulated Depreciation	12,949
Total Cost, Net of Accumulated Depreciation	10,924	11,125
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	2,279
Total Cost
Land	4,834
Building / Construction in Progress & Improvements	25,269
Total	30,103
Accumulated Depreciation	14,227
Total Cost, Net of Accumulated Depreciation	15,876	16,795
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	6,492
Total Cost
Land	13,819
Building / Construction in Progress & Improvements	62,991
Total	76,810
Accumulated Depreciation	35,439
Total Cost, Net of Accumulated Depreciation	41,371	43,505
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	3,219
Total Cost
Land	6,926
Building / Construction in Progress & Improvements	37,777
Total	44,703
Accumulated Depreciation	19,616
Total Cost, Net of Accumulated Depreciation	25,087	26,129
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	1,123
Total Cost
Land	11,320
Building / Construction in Progress & Improvements	64,027
Total	75,347
Accumulated Depreciation	18,397
Total Cost, Net of Accumulated Depreciation	56,950	58,924
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	178
Total Cost
Land	6,604
Building / Construction in Progress & Improvements	23,936
Total	30,540
Accumulated Depreciation	6,415
Total Cost, Net of Accumulated Depreciation	24,125	24,939
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	40,366
Costs Subsequent to Acquisition / Construction	269
Total Cost
Land	7,749
Building / Construction in Progress & Improvements	40,635
Total	48,384
Accumulated Depreciation	8,210
Total Cost, Net of Accumulated Depreciation	40,174	41,404
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	36,451
Costs Subsequent to Acquisition / Construction	269
Total Cost
Land	10,395
Building / Construction in Progress & Improvements	36,720
Total	47,115
Accumulated Depreciation	7,067
Total Cost, Net of Accumulated Depreciation	40,048	41,089
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	27,232
Costs Subsequent to Acquisition / Construction	181
Total Cost
Land	2,564
Building / Construction in Progress & Improvements	27,413
Total	29,977
Accumulated Depreciation	4,269
Total Cost, Net of Accumulated Depreciation	25,708	26,480
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	10,407
Total Cost
Land	0
Building / Construction in Progress & Improvements	104,468
Total	104,468
Accumulated Depreciation	58,171
Total Cost, Net of Accumulated Depreciation	46,297	51,418
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	165,954
Costs Subsequent to Acquisition / Construction	15,108
Total Cost
Land	0
Building / Construction in Progress & Improvements	181,062
Total	181,062
Accumulated Depreciation	66,109
Total Cost, Net of Accumulated Depreciation	114,953	120,377
Encumbrances	$ 0
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	2,953
Total Cost
Land	83,038
Building / Construction in Progress & Improvements	219,755
Total	302,793
Accumulated Depreciation	65,367
Total Cost, Net of Accumulated Depreciation	237,426	243,951
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	$ 77,419
Building / Construction in Progress & Improvements	205,104
Costs Subsequent to Acquisition / Construction	41
Total Cost
Land	77,419
Building / Construction in Progress & Improvements	205,145
Total	282,564
Accumulated Depreciation	18,119
Total Cost, Net of Accumulated Depreciation	264,445	270,657
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	12,182
Total Cost
Land	84,069
Building / Construction in Progress & Improvements	118,003
Total	202,072
Accumulated Depreciation	27,362
Total Cost, Net of Accumulated Depreciation	174,710	178,007
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	6,802
Total Cost
Land	71,421
Building / Construction in Progress & Improvements	96,653
Total	168,074
Accumulated Depreciation	23,369
Total Cost, Net of Accumulated Depreciation	144,705	147,364
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	6,790
Total Cost
Land	4,679
Building / Construction in Progress & Improvements	35,076
Total	39,755
Accumulated Depreciation	23,830
Total Cost, Net of Accumulated Depreciation	15,925	16,719
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	7,669
Total Cost
Land	1,820
Building / Construction in Progress & Improvements	18,194
Total	20,014
Accumulated Depreciation	10,505
Total Cost, Net of Accumulated Depreciation	9,509	9,997
Encumbrances	$ 0
Current Communities | Avalon Bronxville [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	8,778
Total Cost
Land	2,889
Building / Construction in Progress & Improvements	37,102
Total	39,991
Accumulated Depreciation	21,121
Total Cost, Net of Accumulated Depreciation	18,870	20,102
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	4,941
Total Cost
Land	7,871
Building / Construction in Progress & Improvements	64,910
Total	72,781
Accumulated Depreciation	31,407
Total Cost, Net of Accumulated Depreciation	41,374	43,275
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	747
Total Cost
Land	2,577
Building / Construction in Progress & Improvements	38,083
Total	40,660
Accumulated Depreciation	15,195
Total Cost, Net of Accumulated Depreciation	25,465	26,569
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	1,328
Total Cost
Land	15,391
Building / Construction in Progress & Improvements	138,681
Total	154,072
Accumulated Depreciation	46,177
Total Cost, Net of Accumulated Depreciation	107,895	112,241
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	2,804
Total Cost
Land	32,212
Building / Construction in Progress & Improvements	81,610
Total	113,822
Accumulated Depreciation	21,224
Total Cost, Net of Accumulated Depreciation	92,598	94,747
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	544
Total Cost
Land	27,765
Building / Construction in Progress & Improvements	78,104
Total	105,869
Accumulated Depreciation	18,551
Total Cost, Net of Accumulated Depreciation	87,318	89,834
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	640
Total Cost
Land	18,205
Building / Construction in Progress & Improvements	49,966
Total	68,171
Accumulated Depreciation	11,302
Total Cost, Net of Accumulated Depreciation	56,869	58,511
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	47
Total Cost
Land	6,392
Building / Construction in Progress & Improvements	30,360
Total	36,752
Accumulated Depreciation	5,185
Total Cost, Net of Accumulated Depreciation	31,567	32,627
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	$ 21,899
Building / Construction in Progress & Improvements	58,440
Costs Subsequent to Acquisition / Construction	163
Total Cost
Land	21,899
Building / Construction in Progress & Improvements	58,603
Total	80,502
Accumulated Depreciation	9,212
Total Cost, Net of Accumulated Depreciation	71,290	73,131
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	7
Total Cost
Land	4,985
Building / Construction in Progress & Improvements	17,307
Total	22,292
Accumulated Depreciation	1,860
Total Cost, Net of Accumulated Depreciation	20,432	21,037
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	11,794
Total Cost
Land	69,620
Building / Construction in Progress & Improvements	55,575
Total	125,195
Accumulated Depreciation	17,813
Total Cost, Net of Accumulated Depreciation	107,382	109,056
Encumbrances	$ 77,295
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	24,942
Total Cost
Land	8,760
Building / Construction in Progress & Improvements	107,364
Total	116,124
Accumulated Depreciation	68,718
Total Cost, Net of Accumulated Depreciation	47,406	49,264
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	12,367
Total Cost
Land	14,650
Building / Construction in Progress & Improvements	72,853
Total	87,503
Accumulated Depreciation	35,005
Total Cost, Net of Accumulated Depreciation	52,498	54,936
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	22,325
Total Cost
Land	5,585
Building / Construction in Progress & Improvements	44,707
Total	50,292
Accumulated Depreciation	27,542
Total Cost, Net of Accumulated Depreciation	22,750	23,632
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	621
Total Cost
Land	7,939
Building / Construction in Progress & Improvements	33,791
Total	41,730
Accumulated Depreciation	12,389
Total Cost, Net of Accumulated Depreciation	29,341	30,404
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	346
Total Cost
Land	2,721
Building / Construction in Progress & Improvements	23,271
Total	25,992
Accumulated Depreciation	6,832
Total Cost, Net of Accumulated Depreciation	19,160	19,728
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	1,021
Total Cost
Land	8,984
Building / Construction in Progress & Improvements	32,015
Total	40,999
Accumulated Depreciation	7,721
Total Cost, Net of Accumulated Depreciation	33,278	34,432
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	1,474
Total Cost
Land	14,682
Building / Construction in Progress & Improvements	43,109
Total	57,791
Accumulated Depreciation	10,010
Total Cost, Net of Accumulated Depreciation	47,781	49,053
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	168
Total Cost
Land	0
Building / Construction in Progress & Improvements	44,787
Total	44,787
Accumulated Depreciation	8,781
Total Cost, Net of Accumulated Depreciation	36,006	37,607
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	282
Total Cost
Land	18,241
Building / Construction in Progress & Improvements	58,620
Total	76,861
Accumulated Depreciation	11,998
Total Cost, Net of Accumulated Depreciation	64,863	66,988
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	39,936
Costs Subsequent to Acquisition / Construction	10
Total Cost
Land	10,701
Building / Construction in Progress & Improvements	39,946
Total	50,647
Accumulated Depreciation	4,969
Total Cost, Net of Accumulated Depreciation	45,678	47,034
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	16,863
Costs Subsequent to Acquisition / Construction	13
Total Cost
Land	6,502
Building / Construction in Progress & Improvements	16,876
Total	23,378
Accumulated Depreciation	3,499
Total Cost, Net of Accumulated Depreciation	19,879	20,502
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	72
Total Cost
Land	3,006
Building / Construction in Progress & Improvements	27,873
Total	30,879
Accumulated Depreciation	5,143
Total Cost, Net of Accumulated Depreciation	25,736	26,759
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	92
Total Cost
Land	2,273
Building / Construction in Progress & Improvements	48,701
Total	50,974
Accumulated Depreciation	6,920
Total Cost, Net of Accumulated Depreciation	44,054	45,813
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	34,868
Costs Subsequent to Acquisition / Construction	27
Total Cost
Land	11,288
Building / Construction in Progress & Improvements	34,895
Total	46,183
Accumulated Depreciation	4,507
Total Cost, Net of Accumulated Depreciation	41,676	42,956
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	36,317
Costs Subsequent to Acquisition / Construction	0
Total Cost
Land	11,695
Building / Construction in Progress & Improvements	36,317
Total	48,012
Accumulated Depreciation	3,718
Total Cost, Net of Accumulated Depreciation	44,294	45,458
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	90,475
Costs Subsequent to Acquisition / Construction	5,360
Total Cost
Land	37,237
Building / Construction in Progress & Improvements	95,835
Total	133,072
Accumulated Depreciation	14,867
Total Cost, Net of Accumulated Depreciation	118,205	121,394
Encumbrances	$ 67,904
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	16,044
Total Cost
Land	6,848
Building / Construction in Progress & Improvements	43,658
Total	50,506
Accumulated Depreciation	31,365
Total Cost, Net of Accumulated Depreciation	19,141	20,479
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	2,630
Total Cost
Land	8,800
Building / Construction in Progress & Improvements	42,288
Total	51,088
Accumulated Depreciation	22,557
Total Cost, Net of Accumulated Depreciation	28,531	29,620
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	178
Total Cost
Land	7,425
Building / Construction in Progress & Improvements	25,460
Total	32,885
Accumulated Depreciation	5,715
Total Cost, Net of Accumulated Depreciation	27,170	28,034
Encumbrances	$ 0
Current Communities | Avalon The Albemarle [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	234
Initial Cost
Land and improvements	$ 25,140
Building / Construction in Progress & Improvements	52,459
Costs Subsequent to Acquisition / Construction	7,747
Total Cost
Land	25,140
Building / Construction in Progress & Improvements	60,206
Total	85,346
Accumulated Depreciation	15,098
Total Cost, Net of Accumulated Depreciation	70,248	71,417
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	2,462
Total Cost
Land	16,430
Building / Construction in Progress & Improvements	25,364
Total	41,794
Accumulated Depreciation	6,617
Total Cost, Net of Accumulated Depreciation	35,177	35,949
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	4,592
Total Cost
Land	38,140
Building / Construction in Progress & Improvements	39,944
Total	78,084
Accumulated Depreciation	11,358
Total Cost, Net of Accumulated Depreciation	66,726	67,687
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	2,507
Total Cost
Land	9,580
Building / Construction in Progress & Improvements	29,039
Total	38,619
Accumulated Depreciation	7,679
Total Cost, Net of Accumulated Depreciation	30,940	31,945
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	3,697
Total Cost
Land	43,700
Building / Construction in Progress & Improvements	157,647
Total	201,347
Accumulated Depreciation	34,095
Total Cost, Net of Accumulated Depreciation	167,252	172,291
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	3,188
Total Cost
Land	4,047
Building / Construction in Progress & Improvements	21,741
Total	25,788
Accumulated Depreciation	15,260
Total Cost, Net of Accumulated Depreciation	10,528	11,116
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	12,476
Total Cost
Land	8,802
Building / Construction in Progress & Improvements	48,012
Total	56,814
Accumulated Depreciation	22,591
Total Cost, Net of Accumulated Depreciation	34,223	35,522
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	3,160
Total Cost
Land	29,159
Building / Construction in Progress & Improvements	56,153
Total	85,312
Accumulated Depreciation	29,107
Total Cost, Net of Accumulated Depreciation	56,205	57,751
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	4,520
Total Cost
Land	14,365
Building / Construction in Progress & Improvements	59,918
Total	74,283
Accumulated Depreciation	30,282
Total Cost, Net of Accumulated Depreciation	44,001	46,001
Encumbrances	$ 0
Current Communities | Avalon at Fairway Hills - Meadows [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	192
Initial Cost
Land and improvements	$ 2,323
Building / Construction in Progress & Improvements	9,297
Costs Subsequent to Acquisition / Construction	4,857
Total Cost
Land	2,323
Building / Construction in Progress & Improvements	14,154
Total	16,477
Accumulated Depreciation	9,548
Total Cost, Net of Accumulated Depreciation	6,929	7,005
Encumbrances	$ 0
Current Communities | Avalon at Fairway Hills - Woods [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	336
Initial Cost
Land and improvements	$ 3,958
Building / Construction in Progress & Improvements	15,839
Costs Subsequent to Acquisition / Construction	7,562
Total Cost
Land	3,958
Building / Construction in Progress & Improvements	23,401
Total	27,359
Accumulated Depreciation	16,045
Total Cost, Net of Accumulated Depreciation	11,314	11,934
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	3,447
Total Cost
Land	10,200
Building / Construction in Progress & Improvements	50,971
Total	61,171
Accumulated Depreciation	12,939
Total Cost, Net of Accumulated Depreciation	48,232	49,907
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	9,700
Total Cost
Land	6,096
Building / Construction in Progress & Improvements	34,100
Total	40,196
Accumulated Depreciation	22,540
Total Cost, Net of Accumulated Depreciation	17,656	18,135
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	16,442
Total Cost
Land	7,291
Building / Construction in Progress & Improvements	45,619
Total	52,910
Accumulated Depreciation	30,758
Total Cost, Net of Accumulated Depreciation	22,152	23,626
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	13,076
Total Cost
Land	13,851
Building / Construction in Progress & Improvements	56,473
Total	70,324
Accumulated Depreciation	34,843
Total Cost, Net of Accumulated Depreciation	35,481	37,210
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	388
Total Cost
Land	13,554
Building / Construction in Progress & Improvements	63,914
Total	77,468
Accumulated Depreciation	14,319
Total Cost, Net of Accumulated Depreciation	63,149	65,422
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	75,801
Costs Subsequent to Acquisition / Construction	161
Total Cost
Land	33,490
Building / Construction in Progress & Improvements	75,962
Total	109,452
Accumulated Depreciation	13,273
Total Cost, Net of Accumulated Depreciation	96,179	98,831
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	81,982
Costs Subsequent to Acquisition / Construction	2,815
Total Cost
Land	24,225
Building / Construction in Progress & Improvements	84,797
Total	109,022
Accumulated Depreciation	11,895
Total Cost, Net of Accumulated Depreciation	97,127	100,351
Encumbrances	$ 0
Current Communities | Avalon Clarendon
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	95,355
Costs Subsequent to Acquisition / Construction	5,459
Total Cost
Land	22,573
Building / Construction in Progress & Improvements	100,814
Total	123,387
Accumulated Depreciation	12,258
Total Cost, Net of Accumulated Depreciation	111,129	113,565
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	82,427
Costs Subsequent to Acquisition / Construction	2,561
Total Cost
Land	18,830
Building / Construction in Progress & Improvements	84,988
Total	103,818
Accumulated Depreciation	9,297
Total Cost, Net of Accumulated Depreciation	94,521	97,692
Encumbrances	$ 67,085
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	3,015
Total Cost
Land	16,030
Building / Construction in Progress & Improvements	48,435
Total	64,465
Accumulated Depreciation	13,076
Total Cost, Net of Accumulated Depreciation	51,389	53,277
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	10,397
Total Cost
Land	56,550
Building / Construction in Progress & Improvements	188,429
Total	244,979
Accumulated Depreciation	44,417
Total Cost, Net of Accumulated Depreciation	200,562	206,976
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	141
Total Cost
Land	21,600
Building / Construction in Progress & Improvements	59,217
Total	80,817
Accumulated Depreciation	9,926
Total Cost, Net of Accumulated Depreciation	70,891	72,913
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	7,079
Total Cost
Land	26,710
Building / Construction in Progress & Improvements	90,163
Total	116,873
Accumulated Depreciation	23,691
Total Cost, Net of Accumulated Depreciation	93,182	95,979
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	27
Total Cost
Land	39,544
Building / Construction in Progress & Improvements	66,187
Total	105,731
Accumulated Depreciation	8,357
Total Cost, Net of Accumulated Depreciation	97,374	99,805
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	10,603
Total Cost
Land	4,558
Building / Construction in Progress & Improvements	28,971
Total	33,529
Accumulated Depreciation	18,625
Total Cost, Net of Accumulated Depreciation	14,904	15,860
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	5,194
Total Cost
Land	6,786
Building / Construction in Progress & Improvements	32,835
Total	39,621
Accumulated Depreciation	22,464
Total Cost, Net of Accumulated Depreciation	17,157	18,123
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	2,268
Total Cost
Land	6,664
Building / Construction in Progress & Improvements	26,387
Total	33,051
Accumulated Depreciation	16,340
Total Cost, Net of Accumulated Depreciation	16,711	17,601
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	3,246
Total Cost
Land	4,777
Building / Construction in Progress & Improvements	23,011
Total	27,788
Accumulated Depreciation	14,446
Total Cost, Net of Accumulated Depreciation	13,342	14,049
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	3,479
Total Cost
Land	3,789
Building / Construction in Progress & Improvements	18,618
Total	22,407
Accumulated Depreciation	11,441
Total Cost, Net of Accumulated Depreciation	10,966	11,496
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	1,276
Total Cost
Land	5,644
Building / Construction in Progress & Improvements	14,009
Total	19,653
Accumulated Depreciation	8,502
Total Cost, Net of Accumulated Depreciation	11,151	11,690
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	1,751
Total Cost
Land	12,697
Building / Construction in Progress & Improvements	79,201
Total	91,898
Accumulated Depreciation	29,264
Total Cost, Net of Accumulated Depreciation	62,634	65,026
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	1,545
Total Cost
Land	0
Building / Construction in Progress & Improvements	124,574
Total	124,574
Accumulated Depreciation	36,511
Total Cost, Net of Accumulated Depreciation	88,063	92,031
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	459
Total Cost
Land	12,081
Building / Construction in Progress & Improvements	42,077
Total	54,158
Accumulated Depreciation	10,633
Total Cost, Net of Accumulated Depreciation	43,525	45,070
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	1,040
Total Cost
Land	16,460
Building / Construction in Progress & Improvements	47,966
Total	64,426
Accumulated Depreciation	10,195
Total Cost, Net of Accumulated Depreciation	54,231	56,053
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	55,627
Costs Subsequent to Acquisition / Construction	14
Total Cost
Land	12,294
Building / Construction in Progress & Improvements	55,641
Total	67,935
Accumulated Depreciation	8,595
Total Cost, Net of Accumulated Depreciation	59,340	61,367
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	60,005
Costs Subsequent to Acquisition / Construction	685
Total Cost
Land	20,613
Building / Construction in Progress & Improvements	60,690
Total	81,303
Accumulated Depreciation	6,513
Total Cost, Net of Accumulated Depreciation	74,790	76,433
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	21,363
Costs Subsequent to Acquisition / Construction	13
Total Cost
Land	5,072
Building / Construction in Progress & Improvements	21,376
Total	26,448
Accumulated Depreciation	1,859
Total Cost, Net of Accumulated Depreciation	24,589	25,337
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	3,769
Total Cost
Land	10,250
Building / Construction in Progress & Improvements	30,611
Total	40,861
Accumulated Depreciation	8,333
Total Cost, Net of Accumulated Depreciation	32,528	33,555
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	13,895
Total Cost
Land	11,830
Building / Construction in Progress & Improvements	61,723
Total	73,553
Accumulated Depreciation	37,549
Total Cost, Net of Accumulated Depreciation	36,004	37,851
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	19,019
Total Cost
Land	12,920
Building / Construction in Progress & Improvements	72,066
Total	84,986
Accumulated Depreciation	38,598
Total Cost, Net of Accumulated Depreciation	46,388	48,753
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	35,004
Total Cost
Land	20,713
Building / Construction in Progress & Improvements	134,577
Total	155,290
Accumulated Depreciation	76,386
Total Cost, Net of Accumulated Depreciation	78,904	83,672
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	10,543
Total Cost
Land	9,755
Building / Construction in Progress & Improvements	49,936
Total	59,691
Accumulated Depreciation	32,132
Total Cost, Net of Accumulated Depreciation	27,559	29,011
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	21,325
Total Cost
Land	6,546
Building / Construction in Progress & Improvements	47,588
Total	54,134
Accumulated Depreciation	27,454
Total Cost, Net of Accumulated Depreciation	26,680	28,327
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	2,335
Total Cost
Land	4,765
Building / Construction in Progress & Improvements	49,935
Total	54,700
Accumulated Depreciation	27,889
Total Cost, Net of Accumulated Depreciation	26,811	28,301
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	152
Total Cost
Land	13,837
Building / Construction in Progress & Improvements	64,686
Total	78,523
Accumulated Depreciation	11,143
Total Cost, Net of Accumulated Depreciation	67,380	69,664
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	5,002
Total Cost
Land	46,060
Building / Construction in Progress & Improvements	86,959
Total	133,019
Accumulated Depreciation	23,357
Total Cost, Net of Accumulated Depreciation	109,662	112,837
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	11,344
Total Cost
Land	90,890
Building / Construction in Progress & Improvements	143,384
Total	234,274
Accumulated Depreciation	36,797
Total Cost, Net of Accumulated Depreciation	197,477	202,028
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	5,922
Total Cost
Land	64,070
Building / Construction in Progress & Improvements	74,940
Total	139,010
Accumulated Depreciation	20,711
Total Cost, Net of Accumulated Depreciation	118,299	120,748
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	7,458
Total Cost
Land	10,746
Building / Construction in Progress & Improvements	50,857
Total	61,603
Accumulated Depreciation	35,349
Total Cost, Net of Accumulated Depreciation	26,254	27,278
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	12,373
Total Cost
Land	5,276
Building / Construction in Progress & Improvements	32,015
Total	37,291
Accumulated Depreciation	18,960
Total Cost, Net of Accumulated Depreciation	18,331	19,470
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	22,038
Total Cost
Land	11,610
Building / Construction in Progress & Improvements	68,590
Total	80,200
Accumulated Depreciation	42,327
Total Cost, Net of Accumulated Depreciation	37,873	39,771
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	3,603
Total Cost
Land	4,249
Building / Construction in Progress & Improvements	20,423
Total	24,672
Accumulated Depreciation	14,433
Total Cost, Net of Accumulated Depreciation	10,239	10,722
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	1,866
Total Cost
Land	14,732
Building / Construction in Progress & Improvements	105,890
Total	120,622
Accumulated Depreciation	34,257
Total Cost, Net of Accumulated Depreciation	86,365	89,091
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	148,468
Costs Subsequent to Acquisition / Construction	4,255
Total Cost
Land	0
Building / Construction in Progress & Improvements	152,723
Total	152,723
Accumulated Depreciation	44,298
Total Cost, Net of Accumulated Depreciation	108,425	112,601
Encumbrances	$ 3,699
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	450
Total Cost
Land	7,772
Building / Construction in Progress & Improvements	72,592
Total	80,364
Accumulated Depreciation	12,253
Total Cost, Net of Accumulated Depreciation	68,111	70,863
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	76,587
Costs Subsequent to Acquisition / Construction	(206)
Total Cost
Land	7,762
Building / Construction in Progress & Improvements	76,381
Total	84,143
Accumulated Depreciation	7,497
Total Cost, Net of Accumulated Depreciation	76,646	79,551
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	17,008
Total Cost
Land	30,320
Building / Construction in Progress & Improvements	99,383
Total	129,703
Accumulated Depreciation	23,049
Total Cost, Net of Accumulated Depreciation	106,654	110,229
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	5,307
Total Cost
Land	9,860
Building / Construction in Progress & Improvements	25,157
Total	35,017
Accumulated Depreciation	5,781
Total Cost, Net of Accumulated Depreciation	29,236	30,176
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	28,615
Costs Subsequent to Acquisition / Construction	51
Total Cost
Land	4,500
Building / Construction in Progress & Improvements	28,666
Total	33,166
Accumulated Depreciation	4,543
Total Cost, Net of Accumulated Depreciation	28,623	29,599
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	20,613
Total Cost
Land	4,230
Building / Construction in Progress & Improvements	30,272
Total	34,502
Accumulated Depreciation	18,784
Total Cost, Net of Accumulated Depreciation	15,718	16,043
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	7,904
Total Cost
Land	5,403
Building / Construction in Progress & Improvements	29,471
Total	34,874
Accumulated Depreciation	18,180
Total Cost, Net of Accumulated Depreciation	16,694	17,464
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	25,261
Total Cost
Land	5,982
Building / Construction in Progress & Improvements	42,146
Total	48,128
Accumulated Depreciation	23,656
Total Cost, Net of Accumulated Depreciation	24,472	25,395
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	12,532
Total Cost
Land	7,852
Building / Construction in Progress & Improvements	43,977
Total	51,829
Accumulated Depreciation	27,209
Total Cost, Net of Accumulated Depreciation	24,620	25,304
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	3,721
Total Cost
Land	6,125
Building / Construction in Progress & Improvements	28,517
Total	34,642
Accumulated Depreciation	19,697
Total Cost, Net of Accumulated Depreciation	14,945	15,390
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	16,264
Total Cost
Land	3,561
Building / Construction in Progress & Improvements	37,585
Total	41,146
Accumulated Depreciation	21,165
Total Cost, Net of Accumulated Depreciation	19,981	21,194
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	6,445
Total Cost
Land	4,726
Building / Construction in Progress & Improvements	25,575
Total	30,301
Accumulated Depreciation	16,244
Total Cost, Net of Accumulated Depreciation	14,057	14,655
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	6,484
Total Cost
Land	14,029
Building / Construction in Progress & Improvements	84,936
Total	98,965
Accumulated Depreciation	44,762
Total Cost, Net of Accumulated Depreciation	54,203	54,325
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	603
Total Cost
Land	28,687
Building / Construction in Progress & Improvements	119,759
Total	148,446
Accumulated Depreciation	38,977
Total Cost, Net of Accumulated Depreciation	109,469	113,287
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	1,972
Total Cost
Land	5,544
Building / Construction in Progress & Improvements	52,878
Total	58,422
Accumulated Depreciation	12,527
Total Cost, Net of Accumulated Depreciation	45,895	47,746
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	1,285
Total Cost
Land	20,267
Building / Construction in Progress & Improvements	98,606
Total	118,873
Accumulated Depreciation	16,867
Total Cost, Net of Accumulated Depreciation	102,006	105,711
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	81,228
Costs Subsequent to Acquisition / Construction	0
Total Cost
Land	12,595
Building / Construction in Progress & Improvements	81,228
Total	93,823
Accumulated Depreciation	10,793
Total Cost, Net of Accumulated Depreciation	83,030	85,972
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	5,946
Total Cost
Land	40,780
Building / Construction in Progress & Improvements	74,630
Total	115,410
Accumulated Depreciation	18,038
Total Cost, Net of Accumulated Depreciation	97,372	99,104
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	1,972
Total Cost
Land	23,787
Building / Construction in Progress & Improvements	46,906
Total	70,693
Accumulated Depreciation	10,782
Total Cost, Net of Accumulated Depreciation	59,911	61,422
Encumbrances	$ 28,999
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	3,117
Total Cost
Land	33,303
Building / Construction in Progress & Improvements	66,027
Total	99,330
Accumulated Depreciation	15,217
Total Cost, Net of Accumulated Depreciation	84,113	86,285
Encumbrances	$ 52,090
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	49,269
Total Cost
Land	22,483
Building / Construction in Progress & Improvements	77,373
Total	99,856
Accumulated Depreciation	43,470
Total Cost, Net of Accumulated Depreciation	56,386	58,391
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	49,923
Total Cost
Land	23,828
Building / Construction in Progress & Improvements	90,295
Total	114,123
Accumulated Depreciation	48,604
Total Cost, Net of Accumulated Depreciation	65,519	68,144
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	10,275
Total Cost
Land	7,045
Building / Construction in Progress & Improvements	23,261
Total	30,306
Accumulated Depreciation	16,667
Total Cost, Net of Accumulated Depreciation	13,639	13,785
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	2,244
Total Cost
Land	0
Building / Construction in Progress & Improvements	44,808
Total	44,808
Accumulated Depreciation	23,395
Total Cost, Net of Accumulated Depreciation	21,413	22,931
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	25,101
Total Cost
Land	14,053
Building / Construction in Progress & Improvements	81,928
Total	95,981
Accumulated Depreciation	40,332
Total Cost, Net of Accumulated Depreciation	55,649	58,046
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	1,232
Total Cost
Land	8,446
Building / Construction in Progress & Improvements	41,522
Total	49,968
Accumulated Depreciation	17,877
Total Cost, Net of Accumulated Depreciation	32,091	33,255
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	1,467
Total Cost
Land	5,459
Building / Construction in Progress & Improvements	42,649
Total	48,108
Accumulated Depreciation	17,219
Total Cost, Net of Accumulated Depreciation	30,889	32,285
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	1,309
Total Cost
Land	12,789
Building / Construction in Progress & Improvements	50,382
Total	63,171
Accumulated Depreciation	17,728
Total Cost, Net of Accumulated Depreciation	45,443	46,987
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	892
Total Cost
Land	7,920
Building / Construction in Progress & Improvements	45,737
Total	53,657
Accumulated Depreciation	16,667
Total Cost, Net of Accumulated Depreciation	36,990	38,245
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	94,076
Costs Subsequent to Acquisition / Construction	1,594
Total Cost
Land	14,734
Building / Construction in Progress & Improvements	95,670
Total	110,404
Accumulated Depreciation	14,164
Total Cost, Net of Accumulated Depreciation	96,240	98,607
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	2,950
Total Cost
Land	9,796
Building / Construction in Progress & Improvements	44,690
Total	54,486
Accumulated Depreciation	12,077
Total Cost, Net of Accumulated Depreciation	42,409	43,186
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	1,458
Total Cost
Land	1,916
Building / Construction in Progress & Improvements	9,277
Total	11,193
Accumulated Depreciation	2,621
Total Cost, Net of Accumulated Depreciation	8,572	8,922
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	812
Total Cost
Land	2,953
Building / Construction in Progress & Improvements	13,240
Total	16,193
Accumulated Depreciation	3,683
Total Cost, Net of Accumulated Depreciation	12,510	12,972
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	5,552
Total Cost
Land	8,400
Building / Construction in Progress & Improvements	17,099
Total	25,499
Accumulated Depreciation	3,849
Total Cost, Net of Accumulated Depreciation	21,650	22,255
Encumbrances	$ 0
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	1,526
Total Cost
Land	8,305
Building / Construction in Progress & Improvements	22,721
Total	31,026
Accumulated Depreciation	5,203
Total Cost, Net of Accumulated Depreciation	25,823	26,583
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	3,102
Total Cost
Land	30,900
Building / Construction in Progress & Improvements	75,110
Total	106,010
Accumulated Depreciation	17,059
Total Cost, Net of Accumulated Depreciation	88,951	91,108
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	4,894
Total Cost, Net of Accumulated Depreciation	34,974	36,090
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	242
Total Cost
Land	18,311
Building / Construction in Progress & Improvements	65,001
Total	83,312
Accumulated Depreciation	7,380
Total Cost, Net of Accumulated Depreciation	75,932	78,196
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	37,602
Costs Subsequent to Acquisition / Construction	1,296
Total Cost
Land	9,600
Building / Construction in Progress & Improvements	38,898
Total	48,498
Accumulated Depreciation	7,097
Total Cost, Net of Accumulated Depreciation	41,401	42,849
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	5,228
Total Cost
Land	42,020
Building / Construction in Progress & Improvements	78,589
Total	120,609
Accumulated Depreciation	20,230
Total Cost, Net of Accumulated Depreciation	100,379	102,927
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	11,255
Total Cost
Land	42,720
Building / Construction in Progress & Improvements	118,897
Total	161,617
Accumulated Depreciation	33,023
Total Cost, Net of Accumulated Depreciation	128,594	132,313
Encumbrances	$ 0
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	6,295
Total Cost
Land	43,540
Building / Construction in Progress & Improvements	86,269
Total	129,809
Accumulated Depreciation	25,105
Total Cost, Net of Accumulated Depreciation	104,704	108,080
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	13,278
Total Cost
Land	32,000
Building / Construction in Progress & Improvements	74,048
Total	106,048
Accumulated Depreciation	16,408
Total Cost, Net of Accumulated Depreciation	89,640	92,185
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	4,105
Total Cost
Land	20,560
Building / Construction in Progress & Improvements	110,661
Total	131,221
Accumulated Depreciation	24,486
Total Cost, Net of Accumulated Depreciation	106,735	110,130
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	2,772
Total Cost
Land	13,950
Building / Construction in Progress & Improvements	22,983
Total	36,933
Accumulated Depreciation	7,194
Total Cost, Net of Accumulated Depreciation	29,739	30,549
Encumbrances	$ 0
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	11,831
Total Cost
Land	68,940
Building / Construction in Progress & Improvements	102,380
Total	171,320
Accumulated Depreciation	29,786
Total Cost, Net of Accumulated Depreciation	141,534	145,339
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	2,524
Total Cost
Land	12,810
Building / Construction in Progress & Improvements	25,105
Total	37,915
Accumulated Depreciation	7,184
Total Cost, Net of Accumulated Depreciation	30,731	31,559
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	6,698
Total Cost
Land	10,240
Building / Construction in Progress & Improvements	38,256
Total	48,496
Accumulated Depreciation	8,646
Total Cost, Net of Accumulated Depreciation	39,850	41,204
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	9,904
Total Cost
Land	1,975
Building / Construction in Progress & Improvements	13,718
Total	15,693
Accumulated Depreciation	7,499
Total Cost, Net of Accumulated Depreciation	8,194	8,634
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	3,654
Total Cost
Land	2,517
Building / Construction in Progress & Improvements	12,911
Total	15,428
Accumulated Depreciation	9,178
Total Cost, Net of Accumulated Depreciation	6,250	6,694
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	13,646
Total Cost
Land	4,709
Building / Construction in Progress & Improvements	29,709
Total	34,418
Accumulated Depreciation	17,892
Total Cost, Net of Accumulated Depreciation	16,526	17,331
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	11,237
Total Cost
Land	4,607
Building / Construction in Progress & Improvements	28,148
Total	32,755
Accumulated Depreciation	16,900
Total Cost, Net of Accumulated Depreciation	15,855	16,586
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	11,058
Total Cost
Land	4,871
Building / Construction in Progress & Improvements	30,803
Total	35,674
Accumulated Depreciation	21,048
Total Cost, Net of Accumulated Depreciation	14,626	14,971
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	1,522
Total Cost
Land	9,911
Building / Construction in Progress & Improvements	69,042
Total	78,953
Accumulated Depreciation	21,983
Total Cost, Net of Accumulated Depreciation	56,970	58,578
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	40,905
Costs Subsequent to Acquisition / Construction	59
Total Cost
Land	4,358
Building / Construction in Progress & Improvements	40,964
Total	45,322
Accumulated Depreciation	8,711
Total Cost, Net of Accumulated Depreciation	36,611	38,053
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	3,571
Total Cost
Land	5,199
Building / Construction in Progress & Improvements	24,705
Total	29,904
Accumulated Depreciation	6,502
Total Cost, Net of Accumulated Depreciation	23,402	23,967
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	98,410
Costs Subsequent to Acquisition / Construction	27
Total Cost
Land	31,689
Building / Construction in Progress & Improvements	98,437
Total	130,126
Accumulated Depreciation	13,019
Total Cost, Net of Accumulated Depreciation	117,107	120,694
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	43,973
Costs Subsequent to Acquisition / Construction	20
Total Cost
Land	11,607
Building / Construction in Progress & Improvements	43,993
Total	55,600
Accumulated Depreciation	4,445
Total Cost, Net of Accumulated Depreciation	51,155	52,742
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	40,991
Total Cost
Land	9,922
Building / Construction in Progress & Improvements	81,571
Total	91,493
Accumulated Depreciation	44,039
Total Cost, Net of Accumulated Depreciation	47,454	50,243
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	12,460
Total Cost
Land	2,710
Building / Construction in Progress & Improvements	23,384
Total	26,094
Accumulated Depreciation	15,529
Total Cost, Net of Accumulated Depreciation	10,565	11,125
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	23,989
Total Cost
Land	2,768
Building / Construction in Progress & Improvements	44,123
Total	46,891
Accumulated Depreciation	25,017
Total Cost, Net of Accumulated Depreciation	21,874	23,010
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	4,548
Total Cost
Land	3,277
Building / Construction in Progress & Improvements	17,933
Total	21,210
Accumulated Depreciation	4,298
Total Cost, Net of Accumulated Depreciation	16,912	17,578
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	4,420
Total Cost
Land	6,692
Building / Construction in Progress & Improvements	31,563
Total	38,255
Accumulated Depreciation	8,230
Total Cost, Net of Accumulated Depreciation	30,025	30,117
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	43,328
Costs Subsequent to Acquisition / Construction	94
Total Cost
Land	12,689
Building / Construction in Progress & Improvements	43,422
Total	56,111
Accumulated Depreciation	5,762
Total Cost, Net of Accumulated Depreciation	50,349	51,891
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	2,778
Total Cost
Land	9,490
Building / Construction in Progress & Improvements	31,260
Total	40,750
Accumulated Depreciation	8,602
Total Cost, Net of Accumulated Depreciation	32,148	32,745
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	12,050
Total Cost
Land	16,760
Building / Construction in Progress & Improvements	39,744
Total	56,504
Accumulated Depreciation	9,645
Total Cost, Net of Accumulated Depreciation	46,859	48,538
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	12,448
Total Cost
Land	6,119
Building / Construction in Progress & Improvements	62,673
Total	68,792
Accumulated Depreciation	36,163
Total Cost, Net of Accumulated Depreciation	32,629	32,735
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	10,335
Total Cost
Land	6,581
Building / Construction in Progress & Improvements	36,918
Total	43,499
Accumulated Depreciation	23,867
Total Cost, Net of Accumulated Depreciation	19,632	20,423
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	14,536
Total Cost
Land	9,560
Building / Construction in Progress & Improvements	70,672
Total	80,232
Accumulated Depreciation	34,118
Total Cost, Net of Accumulated Depreciation	46,114	48,600
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	$ 35,210
Building / Construction in Progress & Improvements	116,574
Costs Subsequent to Acquisition / Construction	1,026
Total Cost
Land	35,210
Building / Construction in Progress & Improvements	117,600
Total	152,810
Accumulated Depreciation	6,448
Total Cost, Net of Accumulated Depreciation	146,362	148,875
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	82,333
Costs Subsequent to Acquisition / Construction	0
Total Cost
Land	16,615
Building / Construction in Progress & Improvements	82,333
Total	98,948
Accumulated Depreciation	5,037
Total Cost, Net of Accumulated Depreciation	93,911	96,241
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	52,280
Costs Subsequent to Acquisition / Construction	1,809
Total Cost
Land	18,408
Building / Construction in Progress & Improvements	54,089
Total	72,497
Accumulated Depreciation	5,881
Total Cost, Net of Accumulated Depreciation	66,616	68,627
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	7,273
Total Cost
Land	4,626
Building / Construction in Progress & Improvements	30,227
Total	34,853
Accumulated Depreciation	6,353
Total Cost, Net of Accumulated Depreciation	28,500	27,907
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	7,106
Total Cost
Land	9,110
Building / Construction in Progress & Improvements	22,477
Total	31,587
Accumulated Depreciation	5,025
Total Cost, Net of Accumulated Depreciation	26,562	27,174
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	9,294
Total Cost
Land	18,940
Building / Construction in Progress & Improvements	52,955
Total	71,895
Accumulated Depreciation	12,323
Total Cost, Net of Accumulated Depreciation	59,572	56,612
Encumbrances	$ 41,400
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	81,446
Total Cost
Land	86,450
Building / Construction in Progress & Improvements	242,702
Total	329,152
Accumulated Depreciation	47,292
Total Cost, Net of Accumulated Depreciation	281,860	245,858
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	12,555
Total Cost
Land	27,190
Building / Construction in Progress & Improvements	69,596
Total	96,786
Accumulated Depreciation	16,120
Total Cost, Net of Accumulated Depreciation	80,666	76,723
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	105,981
Costs Subsequent to Acquisition / Construction	447
Total Cost
Land	13,055
Building / Construction in Progress & Improvements	106,428
Total	119,483
Accumulated Depreciation	8,901
Total Cost, Net of Accumulated Depreciation	110,582	114,001
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	33,787
Total Cost
Land	17,658
Building / Construction in Progress & Improvements	124,502
Total	142,160
Accumulated Depreciation	25,235
Total Cost, Net of Accumulated Depreciation	116,925	120,511
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	67,364
Costs Subsequent to Acquisition / Construction	1,748
Total Cost
Land	8,047
Building / Construction in Progress & Improvements	69,112
Total	77,159
Accumulated Depreciation	5,347
Total Cost, Net of Accumulated Depreciation	71,812	74,951
Encumbrances	$ 0
Current Communities | The Meadows
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	240
Initial Cost
Land and improvements	$ 8,527
Building / Construction in Progress & Improvements	61,442
Costs Subsequent to Acquisition / Construction	3,337
Total Cost
Land	8,527
Building / Construction in Progress & Improvements	64,779
Total	73,306
Accumulated Depreciation	634
Total Cost, Net of Accumulated Depreciation	72,672
Encumbrances	$ 0
Current Communities | Ironwood at Red Rocks
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	256
Initial Cost
Land and improvements	$ 4,461
Building / Construction in Progress & Improvements	69,717
Costs Subsequent to Acquisition / Construction	1,373
Total Cost
Land	4,461
Building / Construction in Progress & Improvements	71,090
Total	75,551
Accumulated Depreciation	988
Total Cost, Net of Accumulated Depreciation	74,563
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	114,085
Costs Subsequent to Acquisition / Construction	3,536
Total Cost
Land	21,430
Building / Construction in Progress & Improvements	117,621
Total	139,051
Accumulated Depreciation	8,119
Total Cost, Net of Accumulated Depreciation	130,932	138,399
Encumbrances	$ 0
Current Communities | Alexander Apartments & Lofts
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	290
Initial Cost
Land and improvements	$ 9,597
Building / Construction in Progress & Improvements	90,950
Costs Subsequent to Acquisition / Construction	2,707
Total Cost
Land	9,597
Building / Construction in Progress & Improvements	93,657
Total	103,254
Accumulated Depreciation	1,867
Total Cost, Net of Accumulated Depreciation	101,387
Encumbrances	$ 0
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	16,263
Total Cost
Land	11,039
Building / Construction in Progress & Improvements	61,810
Total	72,849
Accumulated Depreciation	27,821
Total Cost, Net of Accumulated Depreciation	45,028	36,413
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	11,875
Total Cost
Land	14,572
Building / Construction in Progress & Improvements	57,786
Total	72,358
Accumulated Depreciation	21,777
Total Cost, Net of Accumulated Depreciation	50,581	51,450
Encumbrances	$ 37,561
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	48,602
Total Cost
Land	9,034
Building / Construction in Progress & Improvements	85,142
Total	94,176
Accumulated Depreciation	36,970
Total Cost, Net of Accumulated Depreciation	57,206	58,863
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	$ 14,685
Building / Construction in Progress & Improvements	78,548
Costs Subsequent to Acquisition / Construction	14
Total Cost
Land	14,685
Building / Construction in Progress & Improvements	78,562
Total	93,247
Accumulated Depreciation	5,855
Total Cost, Net of Accumulated Depreciation	87,392	89,853
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	$ 10,855
Building / Construction in Progress & Improvements	62,933
Costs Subsequent to Acquisition / Construction	0
Total Cost
Land	10,855
Building / Construction in Progress & Improvements	62,933
Total	73,788
Accumulated Depreciation	4,496
Total Cost, Net of Accumulated Depreciation	69,292	71,294
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	$ 10,130
Building / Construction in Progress & Improvements	61,685
Costs Subsequent to Acquisition / Construction	35
Total Cost
Land	10,130
Building / Construction in Progress & Improvements	61,720
Total	71,850
Accumulated Depreciation	5,218
Total Cost, Net of Accumulated Depreciation	66,632	69,006
Encumbrances	$ 0
Current Communities | Avalon Arundel Crossing
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	310
Initial Cost
Land and improvements	$ 12,208
Building / Construction in Progress & Improvements	69,381
Costs Subsequent to Acquisition / Construction	2,546
Total Cost
Land	12,208
Building / Construction in Progress & Improvements	71,927
Total	84,135
Accumulated Depreciation	2,099
Total Cost, Net of Accumulated Depreciation	82,036
Encumbrances	$ 0
Current Communities | Avalon at Edgewater
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	9,461
Total Cost
Land	5,982
Building / Construction in Progress & Improvements	33,850
Total	39,832
Accumulated Depreciation	16,782
Total Cost, Net of Accumulated Depreciation	23,050	24,202
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	15,658
Total Cost
Land	6,647
Building / Construction in Progress & Improvements	50,564
Total	57,211
Accumulated Depreciation	24,531
Total Cost, Net of Accumulated Depreciation	32,680	26,168
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	$ 26,460
Building / Construction in Progress & Improvements	68,070
Costs Subsequent to Acquisition / Construction	635
Total Cost
Land	26,460
Building / Construction in Progress & Improvements	68,705
Total	95,165
Accumulated Depreciation	5,009
Total Cost, Net of Accumulated Depreciation	90,156	92,574
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	$ 8,605
Building / Construction in Progress & Improvements	58,479
Costs Subsequent to Acquisition / Construction	0
Total Cost
Land	8,605
Building / Construction in Progress & Improvements	58,479
Total	67,084
Accumulated Depreciation	991
Total Cost, Net of Accumulated Depreciation	66,093	37,302
Encumbrances	$ 0
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	26,217
Total Cost
Land	3,118
Building / Construction in Progress & Improvements	38,190
Total	41,308
Accumulated Depreciation	17,722
Total Cost, Net of Accumulated Depreciation	23,586	23,265
Encumbrances	$ 0
Current Communities | Avalon Willow [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	229
Initial Cost
Land and improvements	$ 6,207
Building / Construction in Progress & Improvements	40,791
Costs Subsequent to Acquisition / Construction	14,752
Total Cost
Land	6,207
Building / Construction in Progress & Improvements	55,543
Total	61,750
Accumulated Depreciation	28,518
Total Cost, Net of Accumulated Depreciation	33,232	29,584
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	$ 50,477
Building / Construction in Progress & Improvements	133,728
Costs Subsequent to Acquisition / Construction	20
Total Cost
Land	50,477
Building / Construction in Progress & Improvements	133,748
Total	184,225
Accumulated Depreciation	11,810
Total Cost, Net of Accumulated Depreciation	172,415	176,466
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	$ 14,777
Building / Construction in Progress & Improvements	65,640
Costs Subsequent to Acquisition / Construction	16
Total Cost
Land	14,777
Building / Construction in Progress & Improvements	65,656
Total	80,433
Accumulated Depreciation	3,680
Total Cost, Net of Accumulated Depreciation	76,753	78,304
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	38,625
Total Cost
Land	154,730
Building / Construction in Progress & Improvements	218,878
Total	373,608
Accumulated Depreciation	48,129
Total Cost, Net of Accumulated Depreciation	325,479	316,821
Encumbrances	$ 100,500
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	2,241
Total Cost
Land	4,540
Building / Construction in Progress & Improvements	28,187
Total	32,727
Accumulated Depreciation	8,041
Total Cost, Net of Accumulated Depreciation	24,686	25,676
Encumbrances	$ 21,700
Current Communities | Archstone Toscano
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	74,541
Costs Subsequent to Acquisition / Construction	5
Total Cost
Land	15,607
Building / Construction in Progress & Improvements	74,546
Total	90,153
Accumulated Depreciation	13,580
Total Cost, Net of Accumulated Depreciation	76,573	77,452
Encumbrances	$ 0
Current Communities | Memorial Heights Villages
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	52,753
Costs Subsequent to Acquisition / Construction	0
Total Cost
Land	9,607
Building / Construction in Progress & Improvements	52,753
Total	62,360
Accumulated Depreciation	12,358
Total Cost, Net of Accumulated Depreciation	50,002	47,539
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	5,599
Total Cost
Land	2,152
Building / Construction in Progress & Improvements	14,506
Total	16,658
Accumulated Depreciation	8,673
Total Cost, Net of Accumulated Depreciation	7,985	8,358
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	31,874
Total Cost
Land	22,041
Building / Construction in Progress & Improvements	122,170
Total	144,211
Accumulated Depreciation	58,365
Total Cost, Net of Accumulated Depreciation	85,846	89,833
Encumbrances	$ 0
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	114,072
Costs Subsequent to Acquisition / Construction	9,427
Total Cost
Land	29,377
Building / Construction in Progress & Improvements	123,499
Total	152,876
Accumulated Depreciation	11,758
Total Cost, Net of Accumulated Depreciation	141,118	147,481
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	4,945
Total Cost
Land	18,850
Building / Construction in Progress & Improvements	43,490
Total	62,340
Accumulated Depreciation	10,199
Total Cost, Net of Accumulated Depreciation	52,141	51,839
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	113,299
Costs Subsequent to Acquisition / Construction	610
Total Cost
Land	22,668
Building / Construction in Progress & Improvements	113,909
Total	136,577
Accumulated Depreciation	9,170
Total Cost, Net of Accumulated Depreciation	127,407	130,451
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	$ 9,623
Building / Construction in Progress & Improvements	110,963
Costs Subsequent to Acquisition / Construction	287
Total Cost
Land	9,623
Building / Construction in Progress & Improvements	111,250
Total	120,873
Accumulated Depreciation	5,898
Total Cost, Net of Accumulated Depreciation	114,975	117,186
Encumbrances	$ 0
Current Communities | Avalon Dogpatch [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	326
Initial Cost
Land and improvements	$ 23,519
Building / Construction in Progress & Improvements	179,121
Costs Subsequent to Acquisition / Construction	171
Total Cost
Land	23,519
Building / Construction in Progress & Improvements	179,292
Total	202,811
Accumulated Depreciation	6,400
Total Cost, Net of Accumulated Depreciation	196,411	182,566
Encumbrances	$ 0
Current Communities | AVA NoMa [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	438
Initial Cost
Land and improvements	$ 25,246
Building / Construction in Progress & Improvements	114,324
Costs Subsequent to Acquisition / Construction	603
Total Cost
Land	25,246
Building / Construction in Progress & Improvements	114,927
Total	140,173
Accumulated Depreciation	7,145
Total Cost, Net of Accumulated Depreciation	133,028	135,867
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	$ 22,791
Building / Construction in Progress & Improvements	246,871
Costs Subsequent to Acquisition / Construction	679
Total Cost
Land	22,791
Building / Construction in Progress & Improvements	247,550
Total	270,341
Accumulated Depreciation	14,703
Total Cost, Net of Accumulated Depreciation	255,638	262,410
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	$ 3,155
Building / Construction in Progress & Improvements	60,599
Costs Subsequent to Acquisition / Construction	0
Total Cost
Land	3,155
Building / Construction in Progress & Improvements	60,599
Total	63,754
Accumulated Depreciation	3,269
Total Cost, Net of Accumulated Depreciation	60,485	61,556
Encumbrances	$ 0
Current Communities | AVA Wheaton [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	319
Initial Cost
Land and improvements	$ 6,494
Building / Construction in Progress & Improvements	68,712
Costs Subsequent to Acquisition / Construction	0
Total Cost
Land	6,494
Building / Construction in Progress & Improvements	68,712
Total	75,206
Accumulated Depreciation	3,076
Total Cost, Net of Accumulated Depreciation	72,130	70,188
Encumbrances	$ 0
Current Communities | Avalon Maplewood
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	235
Initial Cost
Land and improvements	$ 15,179
Building / Construction in Progress & Improvements	49,322
Costs Subsequent to Acquisition / Construction	0
Total Cost
Land	15,179
Building / Construction in Progress & Improvements	49,322
Total	64,501
Accumulated Depreciation	1,893
Total Cost, Net of Accumulated Depreciation	62,608	61,202
Encumbrances	$ 0
Current Communities | Avalon Brooklyn Bay
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	180
Initial Cost
Land and improvements	$ 18,264
Building / Construction in Progress & Improvements	74,582
Costs Subsequent to Acquisition / Construction	250
Total Cost
Land	18,264
Building / Construction in Progress & Improvements	74,832
Total	93,096
Accumulated Depreciation	4,189
Total Cost, Net of Accumulated Depreciation	88,907	89,743
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	50,963
Costs Subsequent to Acquisition / Construction	0
Total Cost
Land	7,534
Building / Construction in Progress & Improvements	50,963
Total	58,497
Accumulated Depreciation	2,383
Total Cost, Net of Accumulated Depreciation	56,114	56,382
Encumbrances	$ 0
Current Communities | Avalon Somers [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	152
Initial Cost
Land and improvements	$ 5,594
Building / Construction in Progress & Improvements	40,310
Costs Subsequent to Acquisition / Construction	0
Total Cost
Land	5,594
Building / Construction in Progress & Improvements	40,310
Total	45,904
Accumulated Depreciation	1,946
Total Cost, Net of Accumulated Depreciation	43,958	41,784
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	11,884
Total Cost
Land	15,756
Building / Construction in Progress & Improvements	90,062
Total	105,818
Accumulated Depreciation	20,132
Total Cost, Net of Accumulated Depreciation	85,686	82,573
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	20,009
Total Cost
Land	46,790
Building / Construction in Progress & Improvements	120,008
Total	166,798
Accumulated Depreciation	26,730
Total Cost, Net of Accumulated Depreciation	140,068	129,515
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	17,623
Total Cost
Land	22,890
Building / Construction in Progress & Improvements	76,314
Total	99,204
Accumulated Depreciation	16,108
Total Cost, Net of Accumulated Depreciation	83,096	77,168
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	59,168
Total Cost
Land	8,776
Building / Construction in Progress & Improvements	94,664
Total	103,440
Accumulated Depreciation	35,845
Total Cost, Net of Accumulated Depreciation	67,595	64,388
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	47,717
Total Cost
Land	8,002
Building / Construction in Progress & Improvements	80,087
Total	88,089
Accumulated Depreciation	31,427
Total Cost, Net of Accumulated Depreciation	56,662	49,809
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	14,475
Total Cost
Land	9,228
Building / Construction in Progress & Improvements	64,538
Total	73,766
Accumulated Depreciation	37,666
Total Cost, Net of Accumulated Depreciation	36,100	30,881
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	8,473
Total Cost
Land	17,889
Building / Construction in Progress & Improvements	83,200
Total	101,089
Accumulated Depreciation	21,368
Total Cost, Net of Accumulated Depreciation	79,721	78,629
Encumbrances	$ 0
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	25,959
Total Cost
Land	71,640
Building / Construction in Progress & Improvements	241,896
Total	313,536
Accumulated Depreciation	55,469
Total Cost, Net of Accumulated Depreciation	258,067	256,699
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	21,638
Total Cost
Land	22,580
Building / Construction in Progress & Improvements	109,639
Total	132,219
Accumulated Depreciation	25,077
Total Cost, Net of Accumulated Depreciation	107,142	99,751
Encumbrances	$ 0
Boston, MA
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	6,331
Initial Cost
Land and improvements	$ 227,694
Building / Construction in Progress & Improvements	1,195,982
Costs Subsequent to Acquisition / Construction	139,908
Total Cost
Land	227,694
Building / Construction in Progress & Improvements	1,335,890
Total	1,563,584
Accumulated Depreciation	364,670
Total Cost, Net of Accumulated Depreciation	1,198,914	1,231,885
Encumbrances	$ 92,637
Fairfield, CT
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	343,415
Costs Subsequent to Acquisition / Construction	34,876
Total Cost
Land	72,283
Building / Construction in Progress & Improvements	378,291
Total	450,574
Accumulated Depreciation	152,255
Total Cost, Net of Accumulated Depreciation	298,319	309,241
Encumbrances	$ 0
New England
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	8,301
Initial Cost
Land and improvements	$ 299,977
Building / Construction in Progress & Improvements	1,539,397
Costs Subsequent to Acquisition / Construction	174,784
Total Cost
Land	299,977
Building / Construction in Progress & Improvements	1,714,181
Total	2,014,158
Accumulated Depreciation	516,925
Total Cost, Net of Accumulated Depreciation	1,497,233	1,541,126
Encumbrances	$ 92,637
New York City, NY
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	2,732
Initial Cost
Land and improvements	$ 315,947
Building / Construction in Progress & Improvements	877,593
Costs Subsequent to Acquisition / Construction	47,493
Total Cost
Land	315,947
Building / Construction in Progress & Improvements	925,086
Total	1,241,033
Accumulated Depreciation	258,497
Total Cost, Net of Accumulated Depreciation	982,536	1,011,774
Encumbrances	$ 268,500
New York - Suburban
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	3,233
Initial Cost
Land and improvements	$ 216,305
Building / Construction in Progress & Improvements	657,319
Costs Subsequent to Acquisition / Construction	46,252
Total Cost
Land	216,305
Building / Construction in Progress & Improvements	703,571
Total	919,876
Accumulated Depreciation	233,382
Total Cost, Net of Accumulated Depreciation	686,494	707,846
Encumbrances	$ 77,295
New Jersey
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	4,424
Initial Cost
Land and improvements	$ 164,264
Building / Construction in Progress & Improvements	691,840
Costs Subsequent to Acquisition / Construction	69,120
Total Cost
Land	164,264
Building / Construction in Progress & Improvements	760,960
Total	925,224
Accumulated Depreciation	232,619
Total Cost, Net of Accumulated Depreciation	692,605	715,960
Encumbrances	$ 67,904
Metro NY/NJ
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	10,389
Initial Cost
Land and improvements	$ 696,516
Building / Construction in Progress & Improvements	2,226,752
Costs Subsequent to Acquisition / Construction	162,865
Total Cost
Land	696,516
Building / Construction in Progress & Improvements	2,389,617
Total	3,086,133
Accumulated Depreciation	724,498
Total Cost, Net of Accumulated Depreciation	2,361,635	2,435,580
Encumbrances	$ 413,699
Mid-Atlantic
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	9,274
Initial Cost
Land and improvements	$ 529,261
Building / Construction in Progress & Improvements	1,546,726
Costs Subsequent to Acquisition / Construction	150,328
Total Cost
Land	529,261
Building / Construction in Progress & Improvements	1,697,054
Total	2,226,315
Accumulated Depreciation	518,906
Total Cost, Net of Accumulated Depreciation	1,707,409	1,760,440
Encumbrances	$ 99,285
Pacific Northwest
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	3,256
Initial Cost
Land and improvements	$ 121,685
Building / Construction in Progress & Improvements	570,625
Costs Subsequent to Acquisition / Construction	35,342
Total Cost
Land	121,685
Building / Construction in Progress & Improvements	605,967
Total	727,652
Accumulated Depreciation	203,721
Total Cost, Net of Accumulated Depreciation	523,931	543,691
Encumbrances	$ 0
San Jose, CA
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	4,197
Initial Cost
Land and improvements	$ 281,386
Building / Construction in Progress & Improvements	661,253
Costs Subsequent to Acquisition / Construction	124,541
Total Cost
Land	281,386
Building / Construction in Progress & Improvements	785,794
Total	1,067,180
Accumulated Depreciation	332,016
Total Cost, Net of Accumulated Depreciation	735,164	761,192
Encumbrances	$ 38,800
Oakland - East Bay, CA
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	3,252
Initial Cost
Land and improvements	$ 106,827
Building / Construction in Progress & Improvements	658,474
Costs Subsequent to Acquisition / Construction	74,203
Total Cost
Land	106,827
Building / Construction in Progress & Improvements	732,677
Total	839,504
Accumulated Depreciation	242,747
Total Cost, Net of Accumulated Depreciation	596,757	619,351
Encumbrances	$ 3,699
San Francisco, CA
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	748,394
Costs Subsequent to Acquisition / Construction	114,119
Total Cost
Land	216,871
Building / Construction in Progress & Improvements	862,513
Total	1,079,384
Accumulated Depreciation	312,898
Total Cost, Net of Accumulated Depreciation	766,486	789,297
Encumbrances	$ 183,939
Northern California
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	10,798
Initial Cost
Land and improvements	$ 605,084
Building / Construction in Progress & Improvements	2,068,121
Costs Subsequent to Acquisition / Construction	312,863
Total Cost
Land	605,084
Building / Construction in Progress & Improvements	2,380,984
Total	2,986,068
Accumulated Depreciation	887,661
Total Cost, Net of Accumulated Depreciation	2,098,407	2,169,840
Encumbrances	$ 226,438
Los Angeles, CA
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	8,374
Initial Cost
Land and improvements	$ 502,859
Building / Construction in Progress & Improvements	1,343,346
Costs Subsequent to Acquisition / Construction	224,230
Total Cost
Land	502,859
Building / Construction in Progress & Improvements	1,567,576
Total	2,070,435
Accumulated Depreciation	492,048
Total Cost, Net of Accumulated Depreciation	1,578,387	1,627,123
Encumbrances	$ 111,500
Orange County, CA
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	2,443
Initial Cost
Land and improvements	$ 81,443
Building / Construction in Progress & Improvements	337,732
Costs Subsequent to Acquisition / Construction	54,698
Total Cost
Land	81,443
Building / Construction in Progress & Improvements	392,430
Total	473,873
Accumulated Depreciation	127,177
Total Cost, Net of Accumulated Depreciation	346,696	358,250
Encumbrances	$ 7,635
San Diego, CA
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	2,066
Initial Cost
Land and improvements	$ 64,308
Building / Construction in Progress & Improvements	211,670
Costs Subsequent to Acquisition / Construction	101,330
Total Cost
Land	64,308
Building / Construction in Progress & Improvements	313,000
Total	377,308
Accumulated Depreciation	121,122
Total Cost, Net of Accumulated Depreciation	256,186	265,247
Encumbrances	$ 0
Southern California
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	12,883
Initial Cost
Land and improvements	$ 648,610
Building / Construction in Progress & Improvements	1,892,748
Costs Subsequent to Acquisition / Construction	380,258
Total Cost
Land	648,610
Building / Construction in Progress & Improvements	2,273,006
Total	2,921,616
Accumulated Depreciation	740,347
Total Cost, Net of Accumulated Depreciation	2,181,269	2,250,620
Encumbrances	$ 119,135
Established Communities
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	54,901
Initial Cost
Land and improvements	$ 2,901,133
Building / Construction in Progress & Improvements	9,844,369
Costs Subsequent to Acquisition / Construction	1,216,440
Total Cost
Land	2,901,133
Building / Construction in Progress & Improvements	11,060,809
Total	13,961,942
Accumulated Depreciation	3,592,058
Total Cost, Net of Accumulated Depreciation	10,369,884	10,701,297
Encumbrances	$ 951,194
Lease-Up Communities
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	2,608
Initial Cost
Land and improvements	$ 127,776
Building / Construction in Progress & Improvements	884,804
Costs Subsequent to Acquisition / Construction	1,703
Total Cost
Land	127,776
Building / Construction in Progress & Improvements	886,507
Total	1,014,283
Accumulated Depreciation	45,004
Total Cost, Net of Accumulated Depreciation	969,279	961,698
Encumbrances	$ 0
Redevelopment Communities
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	3,648
Initial Cost
Land and improvements	$ 223,551
Building / Construction in Progress & Improvements	733,462
Costs Subsequent to Acquisition / Construction	226,946
Total Cost
Land	223,551
Building / Construction in Progress & Improvements	960,408
Total	1,183,959
Accumulated Depreciation	269,822
Total Cost, Net of Accumulated Depreciation	914,137	869,413
Encumbrances	$ 0
Other Stabilized Communities
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	13,733
Initial Cost
Land and improvements	$ 815,575
Building / Construction in Progress & Improvements	2,932,764
Costs Subsequent to Acquisition / Construction	444,470
Total Cost
Land	815,575
Building / Construction in Progress & Improvements	3,377,234
Total	4,192,809
Accumulated Depreciation	649,168
Total Cost, Net of Accumulated Depreciation	3,543,641	3,175,017
Encumbrances	$ 201,161
Development Communities
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	6,609
Initial Cost
Land and improvements	$ 20,093
Building / Construction in Progress & Improvements	129,582
Costs Subsequent to Acquisition / Construction	1,652,015
Total Cost
Land	20,093
Building / Construction in Progress & Improvements	1,781,597
Total	1,801,690
Accumulated Depreciation	1,428
Total Cost, Net of Accumulated Depreciation	1,800,262	953,129
Encumbrances	$ 0
Development Communities | 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	3,995
Costs Subsequent to Acquisition / Construction	110,229
Total Cost
Land	0
Building / Construction in Progress & Improvements	114,224
Total	114,224
Accumulated Depreciation	90
Total Cost, Net of Accumulated Depreciation	114,134	55,872
Encumbrances	$ 0
Development Communities | 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	1,157
Costs Subsequent to Acquisition / Construction	220,298
Total Cost
Land	0
Building / Construction in Progress & Improvements	221,455
Total	221,455
Accumulated Depreciation	0
Total Cost, Net of Accumulated Depreciation	221,455	169,007
Encumbrances	$ 0
Development Communities | 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	88
Costs Subsequent to Acquisition / Construction	32,168
Total Cost
Land	0
Building / Construction in Progress & Improvements	32,256
Total	32,256
Accumulated Depreciation	0
Total Cost, Net of Accumulated Depreciation	32,256	8,812
Encumbrances	$ 0
Development Communities | Avalon Doral [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	0
Costs Subsequent to Acquisition / Construction	35,154
Total Cost
Land	0
Building / Construction in Progress & Improvements	35,154
Total	35,154
Accumulated Depreciation	0
Total Cost, Net of Accumulated Depreciation	35,154
Encumbrances	$ 0
Development Communities | 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	$ 6,166
Building / Construction in Progress & Improvements	37,960
Costs Subsequent to Acquisition / Construction	15,309
Total Cost
Land	6,166
Building / Construction in Progress & Improvements	53,269
Total	59,435
Accumulated Depreciation	291
Total Cost, Net of Accumulated Depreciation	59,144	23,792
Encumbrances	$ 0
Development Communities | Avalon Sudbury [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	250
Initial Cost
Land and improvements	$ 12,525
Building / Construction in Progress & Improvements	44,666
Costs Subsequent to Acquisition / Construction	22,053
Total Cost
Land	12,525
Building / Construction in Progress & Improvements	66,719
Total	79,244
Accumulated Depreciation	602
Total Cost, Net of Accumulated Depreciation	78,642	33,595
Encumbrances	$ 0
Development Communities | Avalon Saugus [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	280
Initial Cost
Land and improvements	$ 0
Building / Construction in Progress & Improvements	59
Costs Subsequent to Acquisition / Construction	52,630
Total Cost
Land	0
Building / Construction in Progress & Improvements	52,689
Total	52,689
Accumulated Depreciation	0
Total Cost, Net of Accumulated Depreciation	52,689
Encumbrances	$ 0
Development Communities | Avalon Norwood [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	198
Initial Cost
Land and improvements	$ 0
Building / Construction in Progress & Improvements	0
Costs Subsequent to Acquisition / Construction	21,641
Total Cost
Land	0
Building / Construction in Progress & Improvements	21,641
Total	21,641
Accumulated Depreciation	59
Total Cost, Net of Accumulated Depreciation	21,582
Encumbrances	$ 0
Development Communities | Twinbrook Station [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	238
Initial Cost
Land and improvements	$ 0
Building / Construction in Progress & Improvements	0
Costs Subsequent to Acquisition / Construction	15,844
Total Cost
Land	0
Building / Construction in Progress & Improvements	15,844
Total	15,844
Accumulated Depreciation	0
Total Cost, Net of Accumulated Depreciation	15,844	14,072
Encumbrances	$ 0
Development Communities | 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	16
Costs Subsequent to Acquisition / Construction	42,670
Total Cost
Land	0
Building / Construction in Progress & Improvements	42,686
Total	42,686
Accumulated Depreciation	0
Total Cost, Net of Accumulated Depreciation	42,686	3,985
Encumbrances	$ 0
Development Communities | Avalon Harbor East [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	400
Initial Cost
Land and improvements	$ 0
Building / Construction in Progress & Improvements	63
Costs Subsequent to Acquisition / Construction	28,038
Total Cost
Land	0
Building / Construction in Progress & Improvements	28,101
Total	28,101
Accumulated Depreciation	0
Total Cost, Net of Accumulated Depreciation	28,101
Encumbrances	$ 0
Development Communities | 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	1,254
Costs Subsequent to Acquisition / Construction	71,648
Total Cost
Land	0
Building / Construction in Progress & Improvements	72,902
Total	72,902
Accumulated Depreciation	0
Total Cost, Net of Accumulated Depreciation	72,902	29,954
Encumbrances	$ 0
Development Communities | 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	189
Costs Subsequent to Acquisition / Construction	43,319
Total Cost
Land	0
Building / Construction in Progress & Improvements	43,508
Total	43,508
Accumulated Depreciation	0
Total Cost, Net of Accumulated Depreciation	43,508	18,609
Encumbrances	$ 0
Development Communities | Avalon Piscataway [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	360
Initial Cost
Land and improvements	$ 1,402
Building / Construction in Progress & Improvements	34,406
Costs Subsequent to Acquisition / Construction	40,326
Total Cost
Land	1,402
Building / Construction in Progress & Improvements	74,732
Total	76,134
Accumulated Depreciation	386
Total Cost, Net of Accumulated Depreciation	75,748	28,303
Encumbrances	$ 0
Development Communities | Avalon Old Bridge [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	252
Initial Cost
Land and improvements	$ 0
Building / Construction in Progress & Improvements	0
Costs Subsequent to Acquisition / Construction	11,573
Total Cost
Land	0
Building / Construction in Progress & Improvements	11,573
Total	11,573
Accumulated Depreciation	0
Total Cost, Net of Accumulated Depreciation	11,573
Encumbrances	$ 0
Development Communities | 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	303
Costs Subsequent to Acquisition / Construction	88,903
Total Cost
Land	0
Building / Construction in Progress & Improvements	89,206
Total	89,206
Accumulated Depreciation	0
Total Cost, Net of Accumulated Depreciation	89,206	23,300
Encumbrances	$ 0
Development Communities | Avalon Harrison [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	143
Initial Cost
Land and improvements	$ 0
Building / Construction in Progress & Improvements	0
Costs Subsequent to Acquisition / Construction	5,504
Total Cost
Land	0
Building / Construction in Progress & Improvements	5,504
Total	5,504
Accumulated Depreciation	0
Total Cost, Net of Accumulated Depreciation	5,504
Encumbrances	$ 0
Development Communities | Avalon Belltown Towers [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	273
Initial Cost
Land and improvements	$ 0
Building / Construction in Progress & Improvements	1,536
Costs Subsequent to Acquisition / Construction	115,897
Total Cost
Land	0
Building / Construction in Progress & Improvements	117,433
Total	117,433
Accumulated Depreciation	0
Total Cost, Net of Accumulated Depreciation	117,433	50,636
Encumbrances	$ 0
Development Communities | 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	1,220
Costs Subsequent to Acquisition / Construction	74,532
Total Cost
Land	0
Building / Construction in Progress & Improvements	75,752
Total	75,752
Accumulated Depreciation	0
Total Cost, Net of Accumulated Depreciation	75,752	37,048
Encumbrances	$ 0
Development Communities | Avalon Newcastle Commons II [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	293
Initial Cost
Land and improvements	$ 0
Building / Construction in Progress & Improvements	0
Costs Subsequent to Acquisition / Construction	22,384
Total Cost
Land	0
Building / Construction in Progress & Improvements	22,384
Total	22,384
Accumulated Depreciation	0
Total Cost, Net of Accumulated Depreciation	22,384
Encumbrances	$ 0
Development Communities | 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	151
Costs Subsequent to Acquisition / Construction	37,907
Total Cost
Land	0
Building / Construction in Progress & Improvements	38,058
Total	38,058
Accumulated Depreciation	0
Total Cost, Net of Accumulated Depreciation	38,058	15,432
Encumbrances	0
Development Communities | 15 West 61st Street [Member]
Initial Cost
Land and improvements	0
Building / Construction in Progress & Improvements	2,519
Costs Subsequent to Acquisition / Construction	543,988
Total Cost
Land	0
Building / Construction in Progress & Improvements	546,507
Total	546,507
Accumulated Depreciation	0
Total Cost, Net of Accumulated Depreciation	546,507	440,712
Encumbrances	$ 0
Number of residential units in development | home	172
Retail square feet development | ft²	67
Land Held for Development
Initial Cost
Land and improvements	$ 84,712
Total Cost
Land	84,712
Total	84,712
Total Cost, Net of Accumulated Depreciation	84,712	68,364
Corporate overhead
Initial Cost
Land and improvements	10,879
Building / Construction in Progress & Improvements	11,414
Costs Subsequent to Acquisition / Construction	80,888
Total Cost
Land	10,879
Building / Construction in Progress & Improvements	92,302
Total	103,181
Accumulated Depreciation	54,166
Total Cost, Net of Accumulated Depreciation	49,015	43,073
Encumbrances	$ 5,950,000
2018 Disposals
Total Cost
Total Cost, Net of Accumulated Depreciation		$ 945,566