Real Estate Disposition Activities (Tables)

12 Months Ended

Dec. 31, 2019

Discontinued Operations and Disposal Groups [Abstract]

Details regarding the real estate sales

Details regarding the real estate sales are summarized in the following table (dollars in thousands):

Community Name	Location	Period of sale	Apartment homes	Debt		Gross sales price		Net cash proceeds
Oakwood Arlington	Arlington, VA	Q119	184	$	—	$	70,000	$	68,317
Archstone Toscano (1)	Houston, TX	Q219	474	—		98,000		95,975
AVA Stamford	Stamford, CT	Q319	306	—		105,000		102,485
Archstone Lexington	Flower Mound, TX	Q319	222	21,700		45,100		44,524
Memorial Heights Villages (1)	Houston, TX	Q319	318	—		65,250		63,298
Avalon Orchards	Marlborough, MA	Q319	156	—		44,250		43,448
Other real estate dispositions (2)	multiple	2019	N/A	—		3,680		3,995
Total of 2019 asset sales			1,660	$	21,700	$	431,280	$	422,042
Total of 2018 asset sales			3,099	$	395,939	$	1,378,289	$	883,313
Total of 2017 asset sales			1,624	$	—	$	514,654	$	503,039

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(1) The Company held its investment in, and sold these real estate assets from, a wholly-owned TRS.

(2)

Primarily composed of the sale of two undeveloped land parcels, located in Houston, TX, and Bronxville, NY.