XML 18 R25.htm IDEA: XBRL DOCUMENT v2.4.0.6
Organization and Basis of Presentation (Details) (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Dec. 31, 2011
Organization and Basis of Presentation [Abstract]          
General partner ownership interest (in hundredths)     94.10%    
Operating Partnership units outstanding (in shares) 2,234,393   2,234,393   2,229,230
Redemption value of Operating Partnership units outstanding $ 331,200,000   $ 331,200,000   $ 313,200,000
Number of apartment communities owned 164   164    
Apartment units owned (in units) 33,637   33,637    
Ownership interests, number of commercial buildings 5   5    
Ownership interests, number of active development projects 9   9    
Available-for-sale Securities, Gross Realized Gain (Loss), Disclosures [Abstract]          
Available-for-sale securities, sales     5,100,000 28,000,000  
Gains on sales of marketable securities     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) 1,057,848   1,057,848   1,063,848
Redemption value of the variable interest entities 156,800,000   156,800,000   149,500,000
Assets related to variable interest entities, net intercompany eliminations 202,700,000   202,700,000   176,700,000
Liabilities related to variable interest entities, net of intercompany eliminations 199,800,000   199,800,000   171,500,000
Stock-Based Compensation [Abstract]          
Stock-based compensation expense for options and restricted stock 400,000 300,000 1,200,000 1,000,000  
Intrinsic value of the stock options exercised 500,000 600,000 2,400,000 3,600,000  
Intrinsic value of the stock options outstanding and fully vested 13,600,000   13,600,000    
Unrecognized compensation cost related to unvested share-based compensation granted under the stock option and restricted stock plans 4,300,000   4,300,000    
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 500,000 200,000 1,600,000 700,000  
Capitalization of stock based compensation for Z units 100,000 100,000 400,000 300,000  
Intrinsic value of Series Z Units outstanding 22,000,000   22,000,000    
Total unrecognized compensation cost related to Z-1 Units subject to future vesting 8,300,000   8,300,000    
Unamortized cost recognition period range (in years)     14 years    
Fair Value of Financial Instruments [Abstract]          
Fixed rate debt and unsecured bonds 2,130,000,000   2,130,000,000    
Fair value of fixed rate debt and unsecured bonds 2,260,000,000   2,260,000,000    
Variable rate debt instruments excluding borrowings under the lines of credit 402,100,000   402,100,000    
Fair value of variable rate debt excluding borrowing under lines of credit 380,900,000   380,900,000    
Capitalization Policy [Abstract]          
Real Estate Capitalized Internal Development Costs 1,500,000 1,300,000 4,500,000 4,500,000  
Real Estate Capitalized Internal Salary Costs 500,000 600,000 1,800,000 1,700,000  
Cost / Amortized Cost [Member]
         
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]          
Total Amortized Cost 143,946,000   143,946,000   72,203,000
Cost / Amortized Cost [Member] | Investment-Grade Unsecured Bonds [Member]
         
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]          
Amortized Cost 5,191,000   5,191,000   3,615,000
Cost / Amortized Cost [Member] | Investment Funds - US Treasuries [Member]
         
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]          
Amortized Cost 15,379,000   15,379,000   11,783,000
Cost / Amortized Cost [Member] | Common Stock [Member]
         
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]          
Amortized Cost 72,752,000   72,752,000   10,067,000
Cost / Amortized Cost [Member] | Mortgage Backed Securities [Member]
         
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]          
Amortized Cost 50,624,000   50,624,000   46,738,000
Gross Unrealized Gain (Loss) [Member]
         
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]          
Total Gross Unrealized Gain (Loss) (2,373,000)   (2,373,000)   2,072,000
Gross Unrealized Gain (Loss) [Member] | Investment-Grade Unsecured Bonds [Member]
         
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]          
Gross Unrealized Gain (Loss) 79,000   79,000   399,000
Gross Unrealized Gain (Loss) [Member] | Investment Funds - US Treasuries [Member]
         
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]          
Gross Unrealized Gain (Loss) 755,000   755,000   121,000
Gross Unrealized Gain (Loss) [Member] | Common Stock [Member]
         
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]          
Gross Unrealized Gain (Loss) (3,207,000)   (3,207,000)   1,552,000
Gross Unrealized Gain (Loss) [Member] | Mortgage Backed Securities [Member]
         
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]          
Gross Unrealized Gain (Loss) 0   0   0
Carrying Value [Member]
         
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]          
Total Fair Value 141,573,000   141,573,000   74,275,000
Carrying Value [Member] | Investment-Grade Unsecured Bonds [Member]
         
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]          
Fair Value 5,270,000   5,270,000   4,014,000
Carrying Value [Member] | Investment Funds - US Treasuries [Member]
         
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]          
Fair Value 16,134,000   16,134,000   11,904,000
Carrying Value [Member] | Common Stock [Member]
         
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]          
Fair Value 69,545,000   69,545,000   11,619,000
Carrying Value [Member] | Mortgage Backed Securities [Member]
         
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]          
Fair Value $ 50,624,000   $ 50,624,000   $ 46,738,000