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Real Estate Investments Co-Investments (Details)
$ in Thousands
1 Months Ended 12 Months Ended
Mar. 31, 2015
USD ($)
Dec. 31, 2015
USD ($)
apartment
Dec. 31, 2014
USD ($)
apartment
Dec. 31, 2013
USD ($)
Dec. 31, 2010
Aug. 31, 2015
USD ($)
Business Acquisition [Line Items]            
Ownership Percentage         3.00%  
Co-investment $ 13,700 $ 1,036,047 $ 1,042,423     $ 20,400
Real estate under development   242,326 429,096      
Other liabilities   34,518 32,444      
Gain on sale of real estate $ 2,400 44,900 43,600 $ 29,200    
Interest expense   (204,827) (164,551) (116,524)    
General and administrative   (40,090) (40,878) (26,684)    
Equity income from co-investments   21,861 39,893 55,865    
Investments With Related Parties [Member]            
Business Acquisition [Line Items]            
Equity income from co-investments   3,700 3,800      
CPPIB [Member]            
Business Acquisition [Line Items]            
Co-investment   $ 329,723 336,977      
CPPIB [Member] | Minimum [Member]            
Business Acquisition [Line Items]            
Ownership Percentage   50.00%        
CPPIB [Member] | Maximum [Member]            
Business Acquisition [Line Items]            
Ownership Percentage   55.00%        
Wesco I, III, and IV [Member]            
Business Acquisition [Line Items]            
Ownership Percentage   50.00%        
Co-investment   $ 218,902 256,790      
BEXAEW [Member]            
Business Acquisition [Line Items]            
Ownership Percentage   50.00%        
Co-investment   $ 88,850 97,686      
Palm Valley [Member]            
Business Acquisition [Line Items]            
Ownership Percentage   50.00%        
Co-investment   $ 68,525 70,186      
Other [Member]            
Business Acquisition [Line Items]            
Co-investment   $ 32,927 50,438      
Other [Member] | Minimum [Member]            
Business Acquisition [Line Items]            
Ownership Percentage   28.00%        
Other [Member] | Maximum [Member]            
Business Acquisition [Line Items]            
Ownership Percentage   55.00%        
Total operating co investments [Member]            
Business Acquisition [Line Items]            
Co-investment   $ 738,927 $ 812,077      
Number Of apartments owned through joint ventures | apartment   10,520 9,983      
Total operating co investments [Member] | Minimum [Member]            
Business Acquisition [Line Items]            
Equity method investment, ownership percentage   50.00%        
Total operating co investments [Member] | Maximum [Member]            
Business Acquisition [Line Items]            
Equity method investment, ownership percentage   55.00%        
Total development co investments [Member]            
Business Acquisition [Line Items]            
Co-investment   $ 190,808 $ 121,655      
Number Of apartments owned through joint ventures | apartment   1,676 2,296      
Total development co investments [Member] | Minimum [Member]            
Business Acquisition [Line Items]            
Ownership Percentage   50.00%        
Equity method investment, ownership percentage   50.00%        
Total development co investments [Member] | Maximum [Member]            
Business Acquisition [Line Items]            
Ownership Percentage   55.00%        
Equity method investment, ownership percentage   55.00%        
Total preferred interest investments [Member]            
Business Acquisition [Line Items]            
Co-investment   $ 106,312 $ 108,691      
Total co investment [Member]            
Business Acquisition [Line Items]            
Real estate under development   3,360,360 3,426,574      
Other assets   96,785 107,902      
Total assets   3,457,145 3,534,476      
Debt   1,499,601 1,568,398      
Other liabilities   92,241 91,579      
Equity   1,865,303 1,874,499      
Total liabilities and equity   3,457,145 3,534,476      
Company's share of equity   1,036,047 1,042,423      
Property revenues   260,175 188,548 100,402    
Property operating expenses   (93,067) (71,419) (37,518)    
Net operating income   167,108 117,129 62,884    
Gain on sale of real estate   14 23,333 146,758    
Interest expense   (44,834) (39,990) (24,155)    
General and administrative   (5,879) (6,321) (5,344)    
Equity income from co-investments   0 26,798 18,703    
Depreciation and amortization   (103,613) (74,657) (36,831)    
Net income   12,796 46,292 162,015    
Company's share of net income   $ 21,861 $ 39,893 $ 55,865