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Organization and Basis of Presentation (Details) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Dec. 31, 2011
Organization and Basis of Presentation [Abstract]          
General partner ownership interest (in hundredths)     94.00%    
Operating Partnership units outstanding (in shares) 2,238,571   2,238,571   2,229,230
Redemption value of Operating Partnership units outstanding $ 344,600,000   $ 344,600,000   $ 313,200,000
Number of apartment communities owned 160   160    
Apartment units owned (in units) 33,015   33,015    
Ownership interests, number of commercial buildings 5   5    
Ownership interests, number of active development projects 9   9    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]          
Total Amortized Cost 112,874,000   112,874,000   72,203,000
Total Gross Unrealized Gain (Loss) 1,292,000   1,292,000   2,072,000
Total Fair Value 114,166,000   114,166,000   74,275,000
Available-for-sale Securities, Gross Realized Gain (Loss), Disclosures [Abstract]          
Available-for-sale securities, sales 5,100,000   5,100,000 26,800,000  
Gains on sales of marketable securities 500,000   500,000 4,500,000  
Variable Interest Entities [Abstract]          
Number of DownREIT limited partnerships the company consolidates 19   19    
Number of communities within the DownREIT partnership 12   12    
Total DownREIT Partnership's Outstanding units (shares) 1,061,848   1,061,848   1,063,848
Redemption value of the variable interest entities 163,400,000   163,400,000   149,500,000
Assets related to variable interest entities, net intercompany eliminations 201,400,000   201,400,000   199,800,000
Liabilities related to variable interest entities, net of intercompany eliminations 174,000,000   174,000,000   171,500,000
Stock-Based Compensation [Abstract]          
Stock-based compensation expense for options and restricted stock 400,000 400,000 800,000 700,000  
Intrinsic value of the stock options exercised 700,000 2,000,000 1,800,000 3,000,000  
Intrinsic value of the stock options outstanding and fully vested 16,300,000   16,300,000    
Unrecognized compensation cost related to unvested share-based compensation granted under the stock option and restricted stock plans 4,900,000   4,900,000    
Compensation cost recognized for stock options over a weighted-average period     1 to 6 years    
Compensation cost for restricted stock awards expected to be recognized straight-line 7   7    
Stock-based compensation expense for the Series Z Units 500,000 300,000 1,100,000 500,000  
Capitalization of stock based compensation for Z units 200,000 100,000 300,000 200,000  
Intrinsic value of Series Z Units outstanding 22,800,000   22,800,000    
Unamortized cost recognition period range (in years) 14   14    
Total unrecognized compensation cost related to Z-1 Units subject to future vesting 9,200,000   9,200,000    
Fair Value of Financial Instruments [Abstract]          
Fixed rate debt and unsecured bonds 1,790,000,000   1,790,000,000    
Fair value of fixed rate debt and unsecured bonds 1,900,000,000   1,900,000,000    
Variable rate debt instruments excluding borrowings under the lines of credit 439,000,000   439,000,000    
Fair value of variable rate debt excluding borrowing under lines of credit 417,700,000   417,700,000    
Capitalization Policy [Abstract]          
Real Estate Capitalized Internal Development Costs 1,100,000 1,100,000 2,200,000 2,000,000  
Real Estate Capitalized Internal Salary Costs 600,000 600,000 1,300,000 1,100,000  
Investment-Grade Unsecured Bonds [Member]
         
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]          
Amortized Cost 5,227,000   5,227,000   3,615,000
Gross Unrealized Gain (Loss) (22,000)   (22,000)   399,000
Fair Value 5,205,000   5,205,000   4,014,000
Investment Funds - US Treasuries [Member]
         
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]          
Amortized Cost 15,383,000   15,383,000   11,783,000
Gross Unrealized Gain (Loss) 593,000   593,000   121,000
Fair Value 15,976,000   15,976,000   11,904,000
Common Stock [Member]
         
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]          
Amortized Cost 42,970,000   42,970,000   10,067,000
Gross Unrealized Gain (Loss) 721,000   721,000   1,552,000
Fair Value 43,691,000   43,691,000   11,619,000
Mortgage Backed Securities [Member]
         
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]          
Amortized Cost 49,294,000   49,294,000   46,738,000
Gross Unrealized Gain (Loss) 0   0   0
Fair Value $ 49,294,000   $ 49,294,000   $ 46,738,000