XML 46 R28.htm IDEA: XBRL DOCUMENT v2.3.0.15
Organization, Basis of Presentation and Significant Accounting Policies - Additional Information (Detail) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended9 Months Ended12 Months Ended
Sep. 30, 2011
Property
Community
Home
Location
Investment
Sep. 30, 2010
Sep. 30, 2011
Community
Home
Location
Investment
Sep. 30, 2010
Dec. 31, 2008
Significant Accounting Policies [Line Items]     
Number of operating apartment communities owned184 184  
Number of apartment homes included in operating apartment communities owned53,826 53,826  
Number of states where operating apartment communities owned are located10 10  
Number of communities with apartments under reconstruction8 8  
Number of apartment homes under reconstruction2,377 2,377  
Number of owned communities under construction15 15  
Expected number of apartment homes under construction3,600 3,600  
Communities under development rights29 29  
Expected number of apartment homes in communities to be developed8,679 8,679  
Shares excluded from computation of earnings per share amount  320,6981,039,724 
Forfeiture rate based on the average forfeiture activity over the estimated life of stock options  0.90%  
Impairment loss - land holdings$ 14,052 $ 14,052 $ 9,952
Expensed costs related to abandoned pursuits, including abandonment of Development Rights, and costs incurred in pursuing the disposition of assets for which the disposition did not occur5817371,6271,685 
Proceed from environmental contamination matters   3,300 
Recoveries as a reduction in the legal and professional fees   1,200 
Unconsolidated Real Estate Investments
     
Significant Accounting Policies [Line Items]     
Debt Amount1,058,887[1] 1,058,887[1]  
Unconsolidated Real Estate Investments | Other Development Joint Ventures | Aria at Hathorne - Danvers, MA
     
Significant Accounting Policies [Line Items]     
Debt Amount$ 1,860[1],[2] $ 1,860[1],[2]  
[1]The Company has not guaranteed the debt of its unconsolidated investees and bears no responsibility for the repayment, other than the construction and completion and related financing guarantee for Avalon Chrystie Place I associated with the construction completion and occupancy certificate.
[2]As of September 30, 2011, the amounts under this borrowing have not been repaid and the lender has declared an event of default with respect to the note and required the venture to pay a default rate of interest, which is not material to the Company. Although the Company has not guaranteed the debt of Aria at Hathorne nor does it have any obligation to fund the debt should the venture be unable to do so, the Company has the right to cure any event of default by the venture. The Company determined that the value of its investment was impaired and this impairment was other than temporary, recognizing a charge in the third quarter of 2011.