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Investments in Real Estate Entities (Details) (USD $)
12 Months Ended 1 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended
Dec. 31, 2013
home
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2013
Fund I
community
investor
loan
item
Dec. 31, 2013
Fund I
Avalon Yerba Buena
Dec. 31, 2013
Fund I
Avalon at Civic Center
Dec. 31, 2013
Fund I
Avalon at Cedar Place
Dec. 31, 2013
Fund I
Avalon Sunset Towers
Dec. 31, 2013
Fund I
Avalon Crystal Hill
Dec. 31, 2013
Fund I
Avalon Centerpoint
Dec. 31, 2013
Fund I
Middlesex Crossing
Dec. 31, 2013
Fund II
loan
investor
Dec. 31, 2013
Fund II
Avalon Rothbury
Feb. 29, 2004
CVP I, LLC
item
Dec. 31, 2004
MVP I, LLC
item
Dec. 31, 2011
Aria at Hathorne Hill, LLC
Dec. 31, 2013
Aria at Hathorne Hill, LLC
Jun. 30, 2007
Aria at Hathorne Hill, LLC
item
Dec. 31, 2013
Variable rate bonds maturing in November 2036
CVP I, LLC
Dec. 31, 2013
6.02% fixed-rate mortgage note
MVP I, LLC
Dec. 31, 2013
Arna Valley View LP
home
Dec. 31, 2013
Arna Valley View LP
6.25% fixed-rate tax-exempt bonds
Dec. 31, 2013
Arna Valley View LP
4% fixed-rate county bonds
Dec. 31, 2013
Arboretum at Burlington
home
Investment in Real Estate Entities                                                
Number of extension options       2                                        
Period of extension       1 year                                        
Number of institutional investors       9               6                        
Combined general partner and limited partner equity interest (as a percent)       15.20%               31.30%   20.00% 25.00%     50.00%     0.01%      
Equity investment, net of distributions and excluding the purchase of mortgage note secured       $ 14,209,000               $ 93,714,000                        
Number of operating apartment communities sold       7                                        
Proceeds from sale of real estate 919,442,000 274,018,000 287,358,000   103,000,000 45,844,000 26,000,000 25,800,000 33,050,000 75,250,000 40,250,000   39,600,000                      
Gain on sale of communities 96,152,000 106,195,000 22,246,000 11,484,000                 2,790,000       975,000              
Number of loans secured by individual assets       4               13                        
Debt outstanding       66,132,000               467,959,000             117,000,000 105,000,000   4,829,000 5,836,000  
Percentage of pro rate share of amount paid related to guaranteed obligations will reimburse by partner                                     80.00%          
Maximum amount that will be paid for capital contributions made by partners (as a percent)       10.00%               10.00%                        
Maximum amount that will be paid for capital contributions made by partners       7,500,000               8,910,000                        
Number of apartment homes acquired                                               312
Number of apartment homes                           361 313     64     101      
Purchase price                                               79,850,000
Distributions percentage after achievement of a threshold return                           50.00% 45.00%                  
Stated interest rate (as a percent)                                       6.02%   6.25%    
Percentage of apartment homes for which affordable rents are available with community                                         100.00%      
Debt interest rate                                             4.00%  
Percentage of homes built and sold                                   30.00%            
Gain on acquisition of unconsolidated entity   14,194,000                                            
Impairment of investment in unconsolidated entities 0 0 1,955,000                                          
Acquisition of mortgage note                               $ 1,700,000                
Number of apartment homes included in operating apartment communities owned 72,811