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Investments in Real Estate Entities - Narrative of Investment in Real Estate Entities (Details)
ft² in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
USD ($)
home
ft²
entity
Sep. 30, 2018
USD ($)
Sep. 30, 2019
USD ($)
community
home
ft²
entity
Sep. 30, 2018
USD ($)
Dec. 31, 2018
USD ($)
Equity method investment          
Equity method investment, difference between carrying amount and underlying equity $ 30,221,000   $ 30,221,000   $ 31,188,000
Number Of Communities Acquired | community     4    
Payments to Acquire Other Real Estate     $ 286,804,000 $ 84,088,000  
Other Selling, General and Administrative Expense 1,108,000 $ 339,000 2,526,000 497,000  
Inventory, Real Estate 453,686,000   453,686,000   $ 0
Income Tax Expense (Benefit) 11,184,000 29,000 11,178,000 87,000  
Expensed transaction, development and other pursuit costs, net of recoveries $ 175,000 $ 523,000 $ 2,562,000 $ 2,212,000  
Unconsolidated real estate entities          
Equity method investment          
Number of unconsolidated real estate entities | entity 6   6    
Minimum | Unconsolidated real estate entities          
Equity method investment          
Equity Method Investment, Ownership Percentage 20.00%   20.00%    
Maximum | Unconsolidated real estate entities          
Equity method investment          
Equity Method Investment, Ownership Percentage 55.00%   55.00%    
Avalon Southlands [Member]          
Equity method investment          
Number Of Apartment Homes Acquired | home     338    
Payments to Acquire Other Real Estate     $ 91,250,000    
Avalon Cerritos [Member]          
Equity method investment          
Number Of Apartment Homes Acquired | home     132    
Payments to Acquire Other Real Estate     $ 60,500,000    
Portico at Silver Spring Metro [Member]          
Equity method investment          
Number Of Apartment Homes Acquired | home     151    
Payments to Acquire Other Real Estate     $ 43,450,000    
Avalon Bonterra [Member]          
Equity method investment          
Number Of Apartment Homes Acquired | home     314    
Payments to Acquire Other Real Estate     $ 90,000,000    
Development Communities [Member] | The Park Loggia [Member]          
Equity method investment          
Number Of Residential Units In Development | home 172   172    
Retail Square Feet Development | ft² 67   67    
Real Estate Investments, Projected Total Capitalized Cost $ 626,000,000   $ 626,000,000    
Income Tax Expense (Benefit)     $ 6,645,000