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Notes Payable, Unsecured Notes and Credit Facility (Details 2) (USD $)
6 Months Ended 1 Months Ended 6 Months Ended 1 Months Ended
Jun. 30, 2012
Jun. 30, 2012
Mortgage notes payable
Jan. 31, 2012
5.5% notes payable maturing in 2012
Feb. 29, 2012
4.61% fixed-rate mortgage note
May 31, 2012
Variable rate secured mortgage note
Feb. 29, 2012
Variable rate secured mortgage note
Jun. 30, 2012
Variable rate unsecured credit facility
Dec. 31, 2011
Variable rate unsecured credit facility
Jun. 30, 2012
Fixed rate mortgage notes payable
Dec. 31, 2011
Fixed rate mortgage notes payable
Jun. 30, 2012
Variable rate mortgage notes payable and Credit Facility
Dec. 31, 2011
Variable rate mortgage notes payable and Credit Facility
May 31, 2012
Other
Notes Payable, Unsecured Notes and Credit Facility                          
Stated interest rate, percentage     5.50% 4.61%                  
Principal amount of debt repaid     $ 179,400,000   $ 14,566,000 $ 48,500,000             $ 33,100,000
Debt assumed       11,958,000                  
Loss on extinguishment of debt, net 1,179,000         1,179,000             602,000
Available borrowing capacity             750,000,000            
Term of debt instrument             4 years            
Line of credit facility, extension period             1 year            
Debt instrument variable rate             LIBOR            
Debt instrument, basis spread on variable rate (as a percent)             1.075%            
Current interest rate (as a percent)             1.32%            
Outstanding balance of letters of credit             45,975,000 52,659,000          
Net carrying value of apartment communities and improved land parcels securing debt   1,535,159,000                      
Mortgage notes payable held by wholly owned subsidiaries guaranteed by the Company   $ 179,777,000                      
Weighted average interest rate, debt (as a percent)                 5.70% 5.70% 2.60% 2.30%