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Summary of Critical and Significant Accounting Policies (Details) (USD $)
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Principles of consolidation [Abstract]      
Noncontrolling interest in Operating Partnership (in hundredths) 6.20% 6.60%  
Number of DownREIT limited partnerships the company consolidates 19    
Number of communities within the DownREIT partnership 12    
Assets related to variable interest entities, net intercompany eliminations $ 215,200,000 $ 217,300,000  
Liabilities related to variable interest entities, net of intercompany eliminations 173,400,000 168,000,000  
Redemption rights of limited partners by issuance of common stock for partnership unit, conversion basis one share per unit basis    
Total DownREIT units outstanding (in units) 1,063,848 1,096,871  
Redemption value of the variable interest entities 149,500,000 125,300,000  
Real estate rental properties [Abstract]      
Threshold useful life of assets for capitalization (in years) 1Y    
Depreciable life of various categories of fixed assets [Abstract]      
Expected lease term of acquired tenant (in months) 20M    
Written-off development costs     6,700,000
Number of land parcels no longer developed by Company 2    
Revenues and gains on sale of real estate [Abstract]      
Lease terms, minimum (in months) 6M    
Lease terms, maximum (in months) 12M    
No rent time period, minimum (in months) 1M    
No rent time period, maximum (in months) 2M    
Cash equivalents and restricted cash [Abstract]      
Original maturities of highly liquid investments to be classified as cash equivalents, maximum (in months) 3M    
Marketable securities [Abstract]      
Maturity date of investments in mortgage backed securities, first November 2019 November 2019  
Maturity date of investments in mortgage backed securities, final September 2020 September 2020  
Proceeds from sales of available for sale securities 33,000,000 102,000,000 23,000,000
Gain from sales of available-for-sale securities 5,000,000 12,400,000 1,000,000
Fair value of financial instruments [Abstract]      
Fixed rate debt, carrying amount 1,770,000,000 1,560,000,000  
Fixed rate debt, fair value 1,880,000,000 1,580,000,000  
Variable rate debt, carrying amount 593,700,000 695,200,000  
Variable rate debt, fair value 572,300,000 672,800,000  
Schedule of Available-for-sale Securities [Line Items]      
Amortized Cost 72,203,000 87,213,000  
Gross Unrealized Gain(Loss) 2,072,000 5,097,000  
Fair Value 74,275,000 92,310,000  
Total Amortized Cost 46,738,000 41,987,000  
Total Gross Unrealized Gain (Loss) 0 0  
Total Fair Value 46,738,000 41,987,000  
Interest income 10,501,000 15,350,000 11,841,000
Gains on sales of marketable securities 4,956,000 12,491,000 1,014,000
Tax benefit - Taxable REIT Subsidiary 1,682,000 0 0
Other income 0 0 185,000
Total interest and other income 17,139,000 27,841,000 13,040,000
Investment-grade unsecured bonds [Member]
     
Schedule of Available-for-sale Securities [Line Items]      
Amortized Cost 3,615,000 22,243,000  
Gross Unrealized Gain(Loss) 399,000 4,403,000  
Fair Value 4,014,000 26,646,000  
Investment funds-US treasuries [Member]
     
Schedule of Available-for-sale Securities [Line Items]      
Amortized Cost 11,783,000 14,345,000  
Gross Unrealized Gain(Loss) 121,000 582,000  
Fair Value 11,904,000 14,927,000  
Common Stock [Member]
     
Schedule of Available-for-sale Securities [Line Items]      
Amortized Cost 10,067,000 8,638,000  
Gross Unrealized Gain(Loss) 1,552,000 112,000  
Fair Value $ 11,619,000 $ 8,750,000  
Common Stock [Member]
     
Status of cash dividends distributed [Abstract]      
Ordinary income (in hundredths) 63.68% 82.46% 79.82%
Capital gains (in hundredths) 11.16% 5.61% 15.76%
Unrecaptured section 1250 capital gain (in hundredths) 0.74% 0.00% 4.42%
Return of capital (in hundredths) 24.42% 11.93% 0.00%
Total cash dividends distributed (in hundredths) 100.00% 100.00% 100.00%
Series F and G Preferred Stock [Member]
     
Status of cash dividends distributed [Abstract]      
Ordinary income (in hundredths) 100.00% 93.63% 79.82%
Capital gains (in hundredths) 0.00% 6.37% 15.76%
Unrecaptured section 1250 capital gain (in hundredths) 0.00% 0.00% 4.42%
Return of capital (in hundredths) 0.00% 0.00% 0.00%
Total cash dividends distributed (in hundredths) 100.00% 100.00% 100.00%
Computer Software and Equipment [Member]
     
Depreciable life of various categories of fixed assets [Abstract]      
Depreciable life, minimum (in years) 3    
Depreciable life, maximum (in years) 5    
Interior Unit Improvements [Member]
     
Depreciable life of various categories of fixed assets [Abstract]      
Depreciable life, average (in years) 5    
Land Improvements and Certain Exterior Components of Real Property [Member]
     
Depreciable life of various categories of fixed assets [Abstract]      
Depreciable life, average (in years) 10    
Real Estate Structures [Member]
     
Depreciable life of various categories of fixed assets [Abstract]      
Depreciable life, average (in years) 30