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Significant Transactions During the First Quarter of 2016 and Subsequent Events (Details)
1 Months Ended 3 Months Ended 12 Months Ended
Apr. 30, 2016
USD ($)
unit
$ / shares
shares
Mar. 31, 2016
USD ($)
unit
Feb. 29, 2016
USD ($)
unit
Jan. 31, 2016
USD ($)
unit
Mar. 31, 2016
USD ($)
Mar. 31, 2015
USD ($)
Dec. 31, 2015
USD ($)
Schedule of Equity Method Investments [Line Items]              
Acquisitions of real estate and acquisition related capital expenditures         $ 110,309,000 $ 199,190,000  
Land and land improvements   $ 2,573,923,000     2,573,923,000   $ 2,522,842,000
Buildings and improvements   $ 10,052,754,000     10,052,754,000   $ 9,808,627,000
Tax on gain on sale of real estate         4,279,000 0  
Payments to acquire preferred equity investments         $ 50,591,000 $ 48,650,000  
Series H Preferred Stock [Member]              
Schedule of Equity Method Investments [Line Items]              
Preferred stock, stated interest percentage         7.125%   7.125%
Subsequent Event [Member] | Series H Preferred Stock [Member]              
Schedule of Equity Method Investments [Line Items]              
Preferred stock, shares outstanding | shares 2,950,000            
Preferred stock, shares issued | shares 2,950,000            
Preferred stock, stated interest percentage 7.125%            
Cumulative redeemable preferred stock redemption price per share | $ / shares $ 25.00            
Unsecured Bonds 4.36% [Member] | Unsecured Debt [Member]              
Schedule of Equity Method Investments [Line Items]              
Debt instrument, face amount       $ 150,000,000      
Debt Instrument, interest rate, stated percent       4.36%      
Unsecured Bonds 3.375% [Member] | Unsecured Debt [Member] | Subsequent Event [Member]              
Schedule of Equity Method Investments [Line Items]              
Debt instrument, face amount $ 450,000,000            
Debt Instrument, interest rate, stated percent 3.375%            
BEXAWE, LLC [Member]              
Schedule of Equity Method Investments [Line Items]              
Preferred equity investment, ownership percentage   50.00%     50.00%    
Palo Alto, CA [Member]              
Schedule of Equity Method Investments [Line Items]              
Proceeds from sale of buildings       $ 18,000,000      
Gain on sale of properties       $ 9,600,000      
Acquisitions Q1 2016 [Member]              
Schedule of Equity Method Investments [Line Items]              
Acquisitions of real estate and acquisition related capital expenditures         $ 148,700,000    
Land and land improvements   $ 35,600,000     35,600,000    
Buildings and improvements   $ 112,200,000     112,200,000    
Acquisitions Q1 2016 [Member] | Leases, Acquired-in-Place [Member]              
Schedule of Equity Method Investments [Line Items]              
Acquired in-place leases         900,000    
Mio Apartment Community [Member]              
Schedule of Equity Method Investments [Line Items]              
Number of units acquired | unit       103      
Acquisitions of real estate and acquisition related capital expenditures       $ 51,300,000      
Form 15 [Member]              
Schedule of Equity Method Investments [Line Items]              
Number of units acquired | unit   242          
Acquisitions of real estate and acquisition related capital expenditures   $ 97,400,000          
Mortgage loans assumed in acquisition   44,800,000     44,800,000    
The Heights [Member] | BEXAWE, LLC [Member]              
Schedule of Equity Method Investments [Line Items]              
Gain on sale of properties       $ 7,400,000      
Number of units sold | unit       332      
Sales of real estate       $ 93,800,000      
Repayments of secured debt       $ 50,300,000      
Preferred equity investment, ownership percentage       50.00%      
Harvest Park [Member]              
Schedule of Equity Method Investments [Line Items]              
Gain on sale of properties     $ 6,400,000        
Tax on gain on sale of real estate     $ 4,300,000        
Number of units sold | unit     104        
Sales of real estate     $ 30,500,000        
201 Lexington [Member]              
Schedule of Equity Method Investments [Line Items]              
Payments to acquire preferred equity investments   $ 31,800,000          
Preferred stock, stated interest percentage   12.00%          
201 Lexington [Member] | Commitments To Invest [Member]              
Schedule of Equity Method Investments [Line Items]              
Commitment to fund preferred equity investment   $ 47,100,000     $ 47,100,000    
Canyon Creek [Member] | BEXAWE, LLC [Member] | Subsequent Event [Member]              
Schedule of Equity Method Investments [Line Items]              
Number of units sold | unit 200            
Sales of real estate $ 53,500,000            
Repayments of secured debt $ 26,300,000