XML 71 R57.htm IDEA: XBRL DOCUMENT v3.22.4
Fair Value - Derivative Financial Instruments (Details)
12 Months Ended
Dec. 31, 2022
USD ($)
derivative
shares
Dec. 31, 2021
USD ($)
derivative
shares
Dec. 31, 2020
USD ($)
shares
Derivative instruments and Hedging Activities      
Derivative, notional amounts settled during the period $ 150,000,000    
Payment for termination of forward interest rate swaps (26,869,000) $ (4,751,000) $ 25,135,000
Gain (loss) on cash flow hedges $ 23,647,000 $ 993,000 $ (17,731,000)
Weighted average DownREIT units outstanding (in shares) | shares 7,500 7,500 7,500
Fair Value Hedging      
Derivative instruments and Hedging Activities      
Number of derivative instruments held | derivative 0 0  
Interest Rate Caps      
Derivative instruments and Hedging Activities      
Number of derivative instruments held | derivative 5    
Interest Rate Caps | Interest Rate Caps      
Derivative instruments and Hedging Activities      
Notional balance $ 402,670,000    
Weighted average interest rate (as a percent) 5.30%    
Weighted average capped interest rate (as a percent) 6.10%    
Unsecured Notes, 5.00%      
Derivative instruments and Hedging Activities      
Face amount, debt instrument $ 350,000,000    
Reclassification out of Accumulated Other Comprehensive Income      
Derivative instruments and Hedging Activities      
Gain (loss) reclassification from accumulated OCI to income, estimated net amount to be transferred $ 1,415,000