Mid-America Apartments 10-K 20 Feb 20 2019 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($) $ in Billions	12 Months Ended
	Dec. 31, 2019	Feb. 17, 2020
Document Information [Line Items]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	FY
Entity Registrant Name	MID-AMERICA APARTMENT COMMUNITIES, INC.
Entity Central Index Key	0000912595
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		114,271,414
Entity Shell Company	false
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Interactive Data Current	Yes
Entity Well-known Seasoned Issuer	Yes
Entity Public Float	$ 9.2
Entity Emerging Growth Company	false
Entity Small Business	false
Entity File Number	001-12762
Entity Incorporation, State or Country Code	TN
Document Annual Report	true
Document Transition Report	false
Entity Tax Identification Number	62-1543819
Entity Address, Address Line One	6815 Poplar Avenue
Entity Address, Address Line Two	Suite 500
Entity Address, City or Town	Germantown
Entity Address, State or Province	TN
Entity Address, Postal Zip Code	38138
City Area Code	901
Local Phone Number	682-6600
Common Stock [Member]
Document Information [Line Items]
Trading Symbol	MAA
Title of 12(b) Security	Common Stock, par value $.01 per share
Security Exchange Name	NYSE
Cumulative Preferred Stock [Member]
Document Information [Line Items]
Trading Symbol	MAA*I
Title of 12(b) Security	8.50% Series I Cumulative Redeemable Preferred Stock, $.01 par value per share
Security Exchange Name	NYSE
Limited Partner [Member]
Document Information [Line Items]
Entity Registrant Name	MID-AMERICA APARTMENTS, L.P.
Entity Central Index Key	0001581776
Entity Filer Category	Non-accelerated Filer
Entity Shell Company	false
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Interactive Data Current	Yes
Entity Well-known Seasoned Issuer	No
Entity Emerging Growth Company	false
Entity Small Business	false
Entity File Number	333-190028-01
Entity Incorporation, State or Country Code	TN
Entity Tax Identification Number	62-1543816
Entity Address, Address Line One	6815 Poplar Avenue
Entity Address, Address Line Two	Suite 500
Entity Address, City or Town	Germantown
Entity Address, State or Province	TN
Entity Address, Postal Zip Code	38138
City Area Code	901
Local Phone Number	682-6600

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)		Dec. 31, 2019	Dec. 31, 2018
Assets
Land		$ 1,905,757,000	$ 1,868,828,000
Buildings and improvements and other		11,841,978,000	11,670,216,000
Development and capital improvements in progress		116,424,000	59,506,000
Real Estate Investment Property, at Cost		13,864,159,000	13,598,550,000
Less: Accumulated depreciation		(2,955,253,000)	(2,549,287,000)
Real Estate Investment Property, Net		10,908,906,000	11,049,263,000
Undeveloped land		34,548,000	58,257,000
Investment in real estate joint venture		43,674,000	44,181,000
Real estate assets, net		10,987,128,000	11,151,701,000
Cash and cash equivalents		20,476,000	34,259,000
Restricted cash		50,065,000	17,414,000
Other assets		172,781,000	120,407,000
Total assets		11,230,450,000	11,323,781,000
Liabilities and equity
Unsecured notes payable		3,828,201,000	4,053,302,000
Secured notes payable		626,397,000	475,026,000
Accrued expenses and other liabilities		472,262,000	413,850,000
Total liabilities		4,926,860,000	4,942,178,000
Due to general partner		19,000	19,000
Redeemable common stock		14,131,000	9,414,000
Shareholders' equity:
Preferred Stock, Value, Outstanding		9,000	9,000
Common stock	[1]	1,140,000	1,136,000
Additional paid-in capital		7,166,073,000	7,138,170,000
Accumulated distributions in excess of net income		(1,085,479,000)	(989,263,000)
Accumulated other comprehensive loss		(13,178,000)	(212,000)
Total MAA shareholders' equity		6,068,565,000	6,149,840,000
Noncontrolling interests - Operating Partnership units		214,647,000	220,043,000
Total Company's shareholders' equity		6,283,212,000	6,369,883,000
Noncontrolling interests - consolidated real estate entities		6,247,000	2,306,000
Total equity		6,289,459,000	6,372,189,000
Total liabilities and equity		11,230,450,000	11,323,781,000
Liabilities:
Redeemable common stock		14,131,000	9,414,000
Operating Partnership capital:
Accumulated other comprehensive loss		(13,178,000)	(212,000)
Noncontrolling interests - consolidated real estate entities		6,247,000	2,306,000
Total equity		6,289,440,000
Limited Partner [Member]
Assets
Land		1,905,757,000	1,868,828,000
Buildings and improvements and other		11,841,978,000	11,670,216,000
Development and capital improvements in progress		116,424,000	59,506,000
Real Estate Investment Property, at Cost		13,864,159,000	13,598,550,000
Less: Accumulated depreciation		(2,955,253,000)	(2,549,287,000)
Real Estate Investment Property, Net		10,908,906,000	11,049,263,000
Investment in real estate joint venture		43,674,000	44,181,000
Real estate assets, net		10,987,128,000	11,151,701,000
Cash and cash equivalents		20,476,000	34,259,000
Restricted cash		50,065,000	17,414,000
Other assets		172,781,000	120,407,000
Total assets		11,230,450,000	11,323,781,000
Undeveloped land		34,548,000	58,257,000
Liabilities and equity
Unsecured notes payable		3,828,201,000	4,053,302,000
Secured notes payable		626,397,000	475,026,000
Accrued expenses and other liabilities		472,262,000	413,850,000
Total liabilities		4,926,879,000	4,942,197,000
Due to general partner		19,000	19,000
Redeemable common stock		14,131,000	9,414,000
Shareholders' equity:
Accumulated other comprehensive loss		(13,584,000)	(161,000)
Noncontrolling interests - consolidated real estate entities		6,247,000	2,306,000
Liabilities:
Redeemable common stock		14,131,000	9,414,000
Operating Partnership capital:
Preferred Units, Preferred Partners' Capital Accounts		66,840,000	66,840,000
General Partners' Capital Account	[2]	6,015,290,000	6,083,142,000
Limited Partners' Capital Account	[2]	214,647,000	220,043,000
Accumulated other comprehensive loss		(13,584,000)	(161,000)
Total operating partners’ capital		6,283,193,000	6,369,864,000
Noncontrolling interests - consolidated real estate entities		6,247,000	2,306,000
Total equity		6,289,440,000	6,372,170,000
Total liabilities and equity		$ 11,230,450,000	$ 11,323,781,000
[1]
[2]

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Common stock, par value per share	$ 0.01	$ 0.01
Common stock, shares authorized	145,000,000	145,000,000
Common stock, shares issued	114,246,393	113,844,267
Common stock, shares outstanding	114,246,393	113,844,267
Preferred Stock, Par or Stated Value Per Share	$ 0.01	$ 0.01
Preferred Stock, Shares Authorized	20,000,000	20,000,000
Preferred Stock, Dividend Rate, Percentage	8.50%	8.50%
Preferred Stock, Shares Issued	867,846	867,846
Preferred Stock, Shares Outstanding	867,846	867,846
Preferred Stock, Liquidation Preference Per Share	$ 50	$ 50
Redeemable stock, shares issued and outstanding	107,162	98,371
General Partners' Capital Account, Units Outstanding	114,246,393	113,844,267
Limited Partners' Capital Account, Units Outstanding	4,067,174	4,111,301
Limited Partner [Member]
Redeemable stock, shares issued and outstanding	107,162	98,371
General Partners' Capital Account, Units Outstanding	114,246,393	113,844,267
Limited Partners' Capital Account, Units Outstanding	4,067,174	4,111,301
Preferred Units, Issued	867,846	867,846
Preferred Units, Outstanding	867,846	867,846

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Revenues:
Rental and other property revenues	$ 1,641,017	$ 1,571,346	$ 1,528,987
Expenses:
Operating expense, excluding real estate taxes and insurance	377,453	371,095	364,190
Real estate taxes and insurance	235,392	223,493	212,541
Depreciation and amortization	496,843	489,759	493,708
Total property operating expenses	1,109,688	1,084,347	1,070,439
Property management expenses	55,011	47,633	43,588
General and administrative expenses	46,121	34,786	40,194
Merger and integration related expenses	0	9,112	19,990
Interest expense	179,847	173,594	154,751
(Gain) loss on sale of depreciable real estate assets	(80,988)	39	(127,386)
Gain on sale of non-depreciable real estate assets	(12,047)	(4,532)	(21)
Other non-operating income	(25,275)	(5,434)	(14,353)
Income before income tax expense	368,660	231,801	341,785
Income tax expense	(3,696)	(2,611)	(2,619)
Income from continuing operations before real estate joint venture activity	364,964	229,190	339,166
Income from real estate joint venture	1,654	1,832	1,370
Net income	366,618	231,022	340,536
Net income attributable to noncontrolling interests	12,807	8,123	12,157
Net income available for shareholders	353,811	222,899	328,379
Dividends to MAA Series I preferred shareholders	3,688	3,688	3,688
Net income available for MAA common shareholders	$ 350,123	$ 219,211	$ 324,691
Earnings per common share - basic:
Net income available for MAA common shareholders	$ 3.07	$ 1.93	$ 2.86
Earnings per common share - diluted:
Net income available for MAA common shareholders	$ 3.07	$ 1.93	$ 2.86
Limited Partner [Member]
Revenues:
Rental and other property revenues	$ 1,641,017	$ 1,571,346	$ 1,528,987
Expenses:
Operating expense, excluding real estate taxes and insurance	377,453	371,095	364,190
Real estate taxes and insurance	235,392	223,493	212,541
Depreciation and amortization	496,843	489,759	493,708
Total property operating expenses	1,109,688	1,084,347	1,070,439
Property management expenses	55,011	47,633	43,588
General and administrative expenses	46,121	34,786	40,194
Merger and integration related expenses	0	9,112	19,990
Interest expense	179,847	173,594	154,751
(Gain) loss on sale of depreciable real estate assets	(80,988)	39	(127,386)
Gain on sale of non-depreciable real estate assets	(12,047)	(4,532)	(21)
Other non-operating income	(25,275)	(5,434)	(14,353)
Income before income tax expense	368,660	231,801	341,785
Income tax expense	(3,696)	(2,611)	(2,619)
Income from continuing operations before real estate joint venture activity	364,964	229,190	339,166
Income from real estate joint venture	1,654	1,832	1,370
Net income	366,618	231,022	340,536
Dividends to preferred unitholders	3,688	3,688	3,688
Net income available for MAALP common unitholders	362,794	$ 227,334	$ 336,848
Net income attributable to noncontrolling interests	$ 136
Earnings per common share - basic:
Net income available for MAA common shareholders	$ 3.07	$ 1.93	$ 2.86
Net income available for MAALP common unitholders	3.07	1.93	2.86
Earnings per common share - diluted:
Net income available for MAA common shareholders	3.07	1.93	2.86
Net income available for MAALP common unitholders	$ 3.07	$ 1.93	$ 2.86
Net income available for MAALP unitholders	$ 366,482	$ 231,022	$ 340,536
Net income available for MAALP common unitholders	$ 362,794	$ 227,334	$ 336,848

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Net income	$ 366,618	$ 231,022	$ 340,536
Other comprehensive (loss) income:
Unrealized (loss) gain from derivative instruments	(11,676)	(751)	319
Adjustment for net (gains) losses reclassified to net income from derivative instruments	(1,747)	(1,938)	730
Total comprehensive income	353,195	228,333	341,585
Less: Comprehensive income attributable to noncontrolling interests	(12,350)	(8,036)	(12,193)
Comprehensive income	340,845	220,297	329,392
Limited Partner [Member]
Net income	366,618	231,022	340,536
Other comprehensive (loss) income:
Unrealized (loss) gain from derivative instruments	(11,676)	(751)	319
Adjustment for net (gains) losses reclassified to net income from derivative instruments	(1,747)	(1,938)	730
Total comprehensive income	353,195	228,333	341,585
Less: Comprehensive income attributable to noncontrolling interests	(136)
Comprehensive income	$ 353,059	$ 228,333	$ 341,585

Consolidated Statements of Equi

Consolidated Statements of Equity - USD ($) $ in Thousands	Total	Limited Partner [Member]	General Partner [Member]	AOCI Attributable to Noncontrolling Interest [Member]	Noncontrolling Interests-Consolidated Real Estate Entities [Member]	Redeemable Common Stock [Member]	Preferred Stock [Member]	Common Stock [Member]	Additional Paid-In Capital [Member]	Accumulated Distributions in Excess Of Net Income [Member]	Accumulated Other Comprehensive (Loss) Income [Member]	Noncontrolling Interests Operating Partnership [Member]	Noncontrolling Interests-Consolidated Real Estate Entities [Member]	Redeemable Common Stock [Member]
Beginning Balance at Dec. 31, 2016	$ 6,642,101						$ 9	$ 1,133	$ 7,109,012	$ (707,479)	$ 1,144	$ 235,976	$ 2,306	$ 10,073
Beginning Balance, Shares at Dec. 31, 2016							868	113,415
Net income	340,536	$ 12,157								328,379		12,157
Other comprehensive income - derivative instruments	1,049			$ 1,049							1,013	36
Issuance and registration of common shares	616							$ 1	615					1,588
Issuance and registration of common shares, Shares								137
Issuance and registration of preferred shares	2,007								2,007
Shares repurchased and retired	(4,782)		$ (4,782)						(4,782)
Shares repurchased and retired, Shares								(51)
Exercise of stock options	218		218						218
Exercise of stock options, Shares								10
Shares issued in exchange for common units									1,602			(1,602)
Shares issued in exchange for common units, Shares								29
Shares issued in exchange for redeemable stock	1,482		1,482			$ (1,482)			1,482					(1,482)
Redeemable stock fair market value adjustment	(229)		(229)			229				(229)				229
Adjustment for noncontrolling interests in Operating Partnership		(6)	6						42			(42)
Amortization of unearned compensation	10,802								10,916	(114)
Dividends on preferred stock	(3,688)									(3,688)
Dividends on common stock	(401,369)									(401,369)
Dividends on noncontrolling interests units	(14,849)											(14,849)
Ending Balance at Dec. 31, 2017	6,573,894						$ 9	$ 1,134	7,121,112	(784,500)	2,157	231,676	2,306	10,408
Ending Balance, Shares at Dec. 31, 2017							868	113,540
Partners' Capital at Dec. 31, 2016	6,642,082	235,976	6,337,721	1,246	$ 2,306	10,073				64,833
Net Income (Loss) Allocated to General Partners			324,691
Dividends, Preferred Stock, Cash	3,688									3,688
Issuance of units	2,623		616			1,588				2,007
General partner units issued in exchange for limited partner units		(1,602)	1,602
Amortization of unearned compensation	10,802		10,802
Dividends, Preferred Stock, Cash	(3,688)
Distributions to common unitholders	(416,218)	(14,849)	(401,369)
Partners' Capital at Dec. 31, 2017	6,573,875	231,676	6,270,758	2,295	2,306	10,408				66,840
Net income	231,022	8,123								222,899		8,123
Other comprehensive income - derivative instruments	(2,689)			(2,689)							(2,602)	(87)
Issuance and registration of common shares	(263)							$ 1	(264)					1,482
Issuance and registration of common shares, Shares								142
Shares repurchased and retired	(2,921)		(2,921)						(2,921)
Shares repurchased and retired, Shares								(34)
Exercise of stock options	916		916						916
Exercise of stock options, Shares								18
Shares issued in exchange for common units								$ 1	4,443			(4,444)
Shares issued in exchange for common units, Shares								80
Shares issued in exchange for redeemable stock	1,915		1,915			(1,915)			1,915					(1,915)
Redeemable stock fair market value adjustment	561		561			(561)				561				(561)
Adjustment for noncontrolling interests in Operating Partnership		(153)	153						66			(66)
Cumulative adjustment due to adoption of ASU 2017-12			(233)	233						(233)	233
Amortization of unearned compensation	12,903								12,903
Dividends on preferred stock	(3,688)									(3,688)
Dividends on common stock	(424,302)									(424,302)
Dividends on noncontrolling interests units	(15,159)											(15,159)
Ending Balance at Dec. 31, 2018	6,372,189						$ 9	$ 1,136	7,138,170	(989,263)	(212)	220,043	2,306	9,414
Ending Balance, Shares at Dec. 31, 2018							868	113,746
Net Income (Loss) Allocated to General Partners			219,211
Dividends, Preferred Stock, Cash	3,688									3,688
Issuance of units	(264)		(264)			1,482
General partner units issued in exchange for limited partner units		(4,444)	4,444
Amortization of unearned compensation	12,904		12,904
Dividends, Preferred Stock, Cash	(3,688)									(3,688)
Distributions to common unitholders	(439,461)	(15,159)	(424,302)
Partners' Capital at Dec. 31, 2018	6,372,170	220,043	6,083,142	(161)	2,306	9,414				66,840
Net income	366,618	12,671			136					353,811		12,671	136
Other comprehensive income - derivative instruments	(13,423)			(13,423)							(12,966)	(457)
Issuance and registration of common shares	20,500							$ 4	20,496					1,651
Issuance and registration of common shares, Shares								338
Shares repurchased and retired	(3,724)		(3,724)						(3,724)
Shares repurchased and retired, Shares								(37)
Exercise of stock options	$ 2,881		2,881						2,881
Exercise of stock options, Shares	69,852							48
Shares issued in exchange for common units									2,366			(2,366)
Shares issued in exchange for common units, Shares								44
Shares issued in exchange for redeemable stock	$ 575		575			(575)			575					(575)
Redeemable stock fair market value adjustment	(3,641)		(3,641)			3,641				(3,641)				3,641
Adjustment for noncontrolling interests in Operating Partnership	6,126	359	(359)		6,126				(816)			816
Amortization of unearned compensation	14,684								14,684
Dividends on preferred stock	(3,688)									(3,688)
Dividends on common stock	(442,698)									(442,698)
Dividends on noncontrolling interests units	(16,060)											(16,060)
Acquisition of noncontrolling interest	(10,880)		(8,559)		(2,321)				(8,559)				(2,321)
Contributions From Non Controlling Interest	6,126												6,126
Ending Balance at Dec. 31, 2019	6,289,459						$ 9	$ 1,140	$ 7,166,073	(1,085,479)	$ (13,178)	$ 214,647	$ 6,247	$ 14,131
Ending Balance, Shares at Dec. 31, 2019							868	114,139
Net Income (Loss) Allocated to General Partners			350,123
Dividends, Preferred Stock, Cash	3,688									3,688
Issuance of units	20,500		20,500			1,651
General partner units issued in exchange for limited partner units		(2,366)	2,366
Amortization of unearned compensation	14,684		14,684
Dividends, Preferred Stock, Cash	(3,688)
Distributions to common unitholders	(458,758)	(16,060)	(442,698)
Partners' Capital at Dec. 31, 2019	$ 6,289,440	$ 214,647	$ 6,015,290	$ (13,584)	$ 6,247	$ 14,131				$ 66,840

Consolidated Statements of Eq_2

Consolidated Statements of Equity (Parenthetical) - $ / shares	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Dividends Declared Per Share of Common Stock (in dollars per share)	$ 3.8800	$ 3.7275	$ 3.5325
Dividends Declared Per Share of Non Controlling Interests (in dollars per share)	3.8800	3.7275	3.5325
Limited Partner [Member]
Distribution Made to Limited Partner, Distributions Declared, Per Unit	$ 3.8800	$ 3.7275	$ 3.5325

Consolidated Statements of Cash

Consolidated Statements of Cash Flows $ in Thousands	12 Months Ended
	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)	Dec. 31, 2017USD ($)
Cash flows from operating activities:
Net income	$ 366,618	$ 231,022	$ 340,536
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	497,790	490,995	494,540
(Gain) loss on sale of depreciable real estate assets	(80,988)	39	(127,386)
Gain on sale of non-depreciable real estate assets	(12,047)	(4,532)	(21)
Stock compensation expense	13,654	12,444	10,570
Amortization of debt issuance costs, discounts and premiums	5,778	(4,990)	(9,810)
Net change in operating accounts and other operating activities	(9,385)	9,314	(47,629)
Net cash provided by operating activities	781,420	734,292	660,800
Cash flows from investing activities:
Purchases of real estate and other assets	(105,106)	(129,487)	(136,065)
Capital improvements, development and other	(303,097)	(254,715)	(343,890)
Distributions from real estate joint ventures	507	775
Contributions to affiliates	(5,391)	(2,905)	(1,500)
Proceeds from disposition of real estate assets	174,814	19,982	187,245
Net cash used in investing activities	(238,273)	(366,350)	(294,210)
Cash flows from financing activities:
Proceeds from lines of credit	565,000	1,540,000	805,000
Repayments of lines of credit	(1,105,000)	(1,490,000)	(965,000)
Net proceeds from commercial paper	70,000
Proceeds from notes payable	1,059,289	869,630	597,480
Principal payments on notes payable	(657,619)	(878,610)	(413,557)
Payment of deferred financing costs	(14,274)	(6,060)	(5,358)
Distributions to noncontrolling interests	(15,939)	(15,079)	(14,654)
Distributions paid on common shares/units	(437,743)	(419,849)	(395,294)
Distributions paid on preferred shares/units	(3,688)	(3,688)	(3,688)
Net change in other financing activities	15,695	(1,480)	(4,452)
Net cash used in financing activities	(524,279)	(405,136)	(399,523)
Net increase (decrease) in cash, cash equivalents and restricted cash	18,868	(37,194)	(32,933)
Cash, cash equivalents and restricted cash, beginning of period	51,673	88,867	121,800
Cash, cash equivalents and restricted cash, end of period	70,541	51,673	88,867
Reconciliation of cash, cash equivalents and restricted cash:
Cash and cash equivalents	20,476	34,259	10,750
Restricted cash	50,065	17,414	78,117
Cash, cash equivalents and restricted cash, end of period	70,541	51,673	88,867
Supplemental disclosure of cash flow information:
Interest paid	169,743	184,834	166,757
Income taxes paid	2,546	2,550	2,366
Supplemental disclosure of noncash investing and financing activities:
Conversion of OP Units to shares of common stock	2,366	4,443	1,602
Accrued construction in progress	9,298	8,581	7,852
Interest capitalized	2,889	2,047	7,238
Mark-to-market adjustment on derivative instruments	19,578	(6,436)	17,806
Limited Partner [Member]
Cash flows from operating activities:
Net income	366,618	231,022	340,536
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	497,790	490,995	494,540
(Gain) loss on sale of depreciable real estate assets	(80,988)	39	(127,386)
Gain on sale of non-depreciable real estate assets	(12,047)	(4,532)	(21)
Stock compensation expense	13,654	12,444	10,570
Amortization of debt issuance costs, discounts and premiums	5,778	(4,990)	(9,810)
Net change in operating accounts and other operating activities	(9,385)	9,314	(47,629)
Net cash provided by operating activities	781,420	734,292	660,800
Cash flows from investing activities:
Purchases of real estate and other assets	(105,106)	(129,487)	(136,065)
Capital improvements, development and other	(303,097)	(254,715)	(343,890)
Distributions from real estate joint ventures	507	775
Contributions to affiliates	(5,391)	(2,905)	(1,500)
Proceeds from disposition of real estate assets	174,814	19,982	187,245
Net cash used in investing activities	(238,273)	(366,350)	(294,210)
Cash flows from financing activities:
Proceeds from lines of credit	565,000	1,540,000	805,000
Repayments of lines of credit	(1,105,000)	(1,490,000)	(965,000)
Net proceeds from commercial paper	70,000
Proceeds from notes payable	1,059,289	869,630	597,480
Principal payments on notes payable	(657,619)	(878,610)	(413,557)
Payment of deferred financing costs	(14,274)	(6,060)	(5,358)
Distributions paid on common shares/units	(453,682)	(434,928)	(409,948)
Distributions paid on preferred shares/units	(3,688)	(3,688)	(3,688)
Net change in other financing activities	15,695	(1,480)	(4,452)
Net cash used in financing activities	(524,279)	(405,136)	(399,523)
Net increase (decrease) in cash, cash equivalents and restricted cash	18,868	(37,194)	(32,933)
Cash, cash equivalents and restricted cash, beginning of period	51,673	88,867	121,800
Cash, cash equivalents and restricted cash, end of period	70,541	51,673	88,867
Reconciliation of cash, cash equivalents and restricted cash:
Cash and cash equivalents	20,476	34,259	10,750
Restricted cash	50,065	17,414	78,117
Cash, cash equivalents and restricted cash, end of period	70,541	51,673	88,867
Supplemental disclosure of cash flow information:
Interest paid	169,743	184,834	166,757
Income taxes paid	2,546	2,550	2,366
Supplemental disclosure of noncash investing and financing activities:
Accrued construction in progress	9,298	8,581	7,852
Interest capitalized	2,889	2,047	7,238
Mark-to-market adjustment on derivative instruments	$ 19,578	$ (6,436)	$ 17,806

Organization and Summary of Sig

Organization and Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2019
Consolidation And Basis Of Presentation And Significant Accounting Policies [Abstract]
Organization and Summary of Significant Accounting Policies	1. Organization and Summary of Significant Accounting Policies Unless the context otherwise requires, all references to the “Company” refer collectively to Mid-America Apartment Communities, Inc., together with its consolidated subsidiaries, including Mid-America Apartments, L.P. Unless the context otherwise requires, all references to “MAA” refer only to Mid-America Apartment Communities, Inc., and not any of its consolidated subsidiaries. Unless the context otherwise requires, the references to the “Operating Partnership” or “MAALP” refer to Mid-America Apartments, L.P. together with its consolidated subsidiaries. “Common stock” refers to the common stock of MAA and, unless the context otherwise requires, “shareholders” refers to the holders of shares of MAA’s common stock. The common units of limited partnership interests in the Operating Partnership are referred to as “OP Units,” and the holders of the OP Units are referred to as “common unitholders”. As of December 31, 2019, MAA owned 114,246,393 OP Units (or 96.6% of the total number of OP Units). MAA conducts substantially all of its business and holds substantially all of its assets, directly or indirectly, through the Operating Partnership, and by virtue of its ownership of the OP Units and being the Operating Partnership's sole general partner, MAA has the ability to control all of the day-to-day operations of the Operating Partnership. Management believes combining the notes to the consolidated financial statements of MAA and the Operating Partnership results in the following benefits: • enhances a readers' understanding of MAA and the Operating Partnership by enabling the reader to view the business as a whole in the same manner that management views and operates the business; • eliminates duplicative disclosure and provides a more streamlined and readable presentation since a substantial portion of the disclosure applies to both MAA and the Operating Partnership; and • creates time and cost efficiencies through the preparation of one combined set of notes instead of two separate sets. MAA, an S&P 500 company, is a multifamily-focused, self-administered and self-managed real estate investment trust, or REIT. Management operates MAA and the Operating Partnership as one business. The management of the Company is comprised of individuals who are officers of MAA and employees of the Operating Partnership. Management believes it is important to understand the few differences between MAA and the Operating Partnership in the context of how MAA and the Operating Partnership operate as a consolidated company. MAA and the Operating Partnership are structured as an umbrella partnership REIT, or UPREIT. MAA's interest in the Operating Partnership entitles MAA to share in cash distributions from, and in the profits and losses of, the Operating Partnership in proportion to MAA's percentage interest therein and entitles MAA to vote on substantially all matters requiring a vote of the partners. MAA's only material asset is its ownership of limited partnership interests in the Operating Partnership (other than cash held by MAA from time to time); therefore, MAA’s primary function is acting as the sole general partner of the Operating Partnership, issuing public equity from time to time and guaranteeing certain debt of the Operating Partnership. The Operating Partnership holds, directly or indirectly, all of the Company's real estate assets. Except for net proceeds from public equity issuances by MAA, which are contributed to the Operating Partnership in exchange for limited partnership interests, the Operating Partnership generates the capital required by the business through the Operating Partnership's operations, direct or indirect incurrence of indebtedness and issuance of OP Units. The presentations of MAA's shareholders' equity and the Operating Partnership's capital are the principal areas of difference between the consolidated financial statements of MAA and those of the Operating Partnership. MAA's shareholders' equity may include shares of preferred stock, shares of common stock, additional paid-in capital, cumulative earnings, cumulative distributions, noncontrolling interest, treasury shares, accumulated other comprehensive income and redeemable common stock. The Operating Partnership's capital may include common capital and preferred capital of the general partner (MAA), limited partners' common capital and preferred capital, noncontrolling interest, accumulated other comprehensive income and redeemable common units. Holders of OP Units (other than MAA) may require the Operating Partnership to redeem their OP Units from time to time, in which case the Operating Partnership may, at its option, pay the redemption price either in cash (in an amount per OP Unit equal, in general, to the average closing price of MAA's common stock on the New York Stock Exchange, or NYSE, over a specified period prior to the redemption date) or by delivering one share of MAA's common stock (subject to adjustment under specified circumstances) for each OP Unit so redeemed. Organization of Mid-America Apartment Communities, Inc. The Company owns, operates, acquires and selectively develops apartment communities primarily located in the Southeast, Southwest and Mid-Atlantic regions of the United States. As of December 31, 2019, the Company owned and operated 299 apartment communities through the Operating Partnership and its subsidiaries and had an ownership interest in one apartment community through an unconsolidated real estate joint venture. As of December 31, 2019, the Company had seven development communities under construction totaling 2,108 apartment units. Total expected costs for the seven development projects are $489.5 million, of which $ million had been incurred through December 31, 2019 . The Company expects to complete one de velopment in the first half of 2020, one development in the second half of 2020 , one development in the first half of 2021, three developments in the second half of 2021, and one development in the first half of 2022 . of the Company's apartment communities include retail components with approximately square feet of gross leasable space. The Company also has four commercial properties with approximately 260,000 square feet of combined gross leasable area. The Company’s apartment communities and commercial properties are located across states and the District of Columbia. Basis of Presentation and Principles of Consolidation The accompanying consolidated financial statements have been prepared by the Company's management in accordance with United States generally accepted accounting principles, or GAAP, and applicable rules and regulations of the Securities and Exchange Commission, or the SEC. The consolidated financial statements of MAA presented herein include the accounts of MAA, the Operating Partnership and all other subsidiaries in which MAA has a controlling financial interest. MAA owns, directly or indirectly, approximately 80% to 100% of all consolidated subsidiaries, including the Operating Partnership. The consolidated financial statements of MAALP presented herein include the accounts of MAALP and all other subsidiaries in which MAALP has a controlling financial interest. MAALP owns, directly or indirectly, 80% to 100% of all consolidated subsidiaries. In management's opinion, all adjustments necessary for a fair presentation of the consolidated financial statements have been included, and all such adjustments were of a normal recurring nature. All significant intercompany accounts and transactions have been eliminated in consolidation. The Company invests in entities which may qualify as variable interest entities, or VIEs, and MAALP is considered a VIE. A VIE is a legal entity in which the equity investors lack sufficient equity at risk for the entity to finance its activities without additional subordinated financial support or, as a group, the holders of the equity investment at risk lack the power to direct the activities of a legal entity as well as the obligation to absorb its expected losses or the right to receive its expected residual returns. MAALP is classified as a VIE because the limited partners lack substantive kick-out rights and substantive participating rights. The Company consolidates all VIEs for which it is the primary beneficiary and uses the equity method to account for investments that qualify as VIEs but for which it is not the primary beneficiary. In determining whether the Company is the primary beneficiary of a VIE, management considers both qualitative and quantitative factors, including, but not limited to, those activities that most significantly impact the VIE's economic performance and which party controls such activities. The Company uses the equity method of accounting for its investments in entities for which the Company exercises significant influence, but does not have the ability to exercise control. The factors considered in determining whether the Company has the ability to exercise control include ownership of voting interests and participatory rights of investors (see “Investments in Unconsolidated Affiliates” below). Changes in Presentation In order to simplify the Company's presentation of cash flows from financing activities within the Consolidated Statements of Cash Flows, the Company combined “Repurchase of common stock / units”; “Debt prepayment and extinguishment costs”; “Proceeds from issuances of common shares / units”; and “Exercise of stock / unit options” into one line, “Net change in other financing activities” within the cash flows from financing activities section. No presentation changes were made to the cash flows from operating or investing activities sections of the Consolidated Statements of Cash Flows. Prior year amounts have been changed to conform to the Company's current year presentation. These changes in presentation had no effect on the Company's ending cash, cash equivalents and restricted cash balances and did not impact the classification of cash flows between operating, investing and financing activities. Noncontrolling Interests As of December 31, 2019, the Company had two types of noncontrolling interests with respect to its consolidated subsidiaries, (1) noncontrolling interests related to the common unitholders of its Operating Partnership and (2) noncontrolling interests related to its consolidated real estate entities. The noncontrolling interests relating to the limited partnership interests in the Operating Partnership are owned by the holders of the Class A OP Units. MAA is the sole general partner of the Operating Partnership and holds all of the outstanding Class B OP Units. Net income (after allocations to preferred ownership interests) is allocated to MAA and the noncontrolling interests based on their respective ownership percentages of the Operating Partnership. Issuance of additional Class A OP Units or Class B OP Units changes the ownership percentage of both the noncontrolling interests and MAA. The issuance of Class B OP Units generally occurs when MAA issues common stock and the issuance proceeds are contributed to the Operating Partnership in exchange for Class B OP Units equal to the number of shares of MAA's common stock issued. At each reporting period, the allocation between total MAA shareholders’ equity and noncontrolling interests is adjusted to account for the change in the respective percentage ownership of the underlying equity of the Operating Partnership. MAA’s Board of Directors established economic rights in respect to each Class A OP Unit that were equivalent to the economic rights in respect to each share of MAA common stock. See Note 9 for additional details. The noncontrolling interests relating to the Company’s consolidated real estate entities are owned by private real estate companies that are generally responsible for the development and construction of the apartment communities that are owned through the consolidated real estate entities with a noncontrolling interest. The entities were determined to be VIE’s with the Company designated as the primary beneficiary. As a result, the accounts of the entities are consolidated by the Company. During the year ended December 31, 2019, the Company acquired a partial ownership interest in two consolidated real estate entities and acquired the noncontrolling interest of one consolidated real estate entity for cash proceeds of $ 10.9 million. As of December 31, 2019, the consolidated assets and liabilities of the Company’s consolidated real estate entities with a noncontrolling interest were $ million and $ 3.2 million, respectively. As of December 31, 2018, the consolidated assets and liabilities of the Company’s consolidated real estate entity with a noncontrolling interest were $ 85.7 million and $ 1.3 million, respectively. Use of Estimates Management has made a number of estimates and assumptions relating to the reporting of assets and liabilities, the disclosure of contingent assets and liabilities, and the reported amounts of revenues and expenses to prepare these financial statements and notes in conformity with GAAP. Actual results could differ from those estimates. Rental Costs Costs associated with rental activities are expensed as incurred and include advertising expenses, which were $20.8 million, $20.2 million, and $18.8 million for the years ended December 31, 2019, 2018 and 2017, respectively. Real Estate Assets and Depreciation and Amortization Real estate assets are carried at depreciated cost and consist of land, buildings and improvements and other and development and capital improvements in progress (see “Development Costs” below). Repairs and maintenance costs are expensed as incurred, while significant improvements, renovations and recurring capital replacements are capitalized and depreciated over their estimated useful lives. Recurring capital replacements typically include scheduled carpet replacement, new roofs, HVAC units, plumbing, concrete, masonry and other paving, pools and various exterior building improvements. In addition to these costs, the Company also capitalizes salary costs directly identifiable with renovation work. These expenditures extend the useful life of the property and increase the property’s fair market value. The cost of interior painting and blinds are typically expensed as incurred. Depreciation is computed on a straight-line basis over the estimated useful lives of the related assets, which range from five to 40 years. The Consolidated Balance Sheets line “Buildings and improvements and other” includes land improvements and buildings, which have a useful life ranging from eight to 40 years, as well as furniture, fixtures and equipment, which have a useful life of five years. Development Costs Development projects and the related carrying costs, including interest, property taxes, insurance and allocated direct development salary costs during the construction period, are capitalized and reported in the accompanying Consolidated Balance Sheets as “Development and capital improvements in progress” during the construction period. Interest is capitalized in accordance with accounting standards governing the capitalization of interest. Upon completion and certification for occupancy of individual buildings or floors within a development, amounts representing the completed portion of total estimated development costs for the project are transferred to “Buildings and improvements and other” as real estate held for investment. Capitalization of interest, property taxes, insurance and allocated direct development salary costs cease upon the transfer. The assets are depreciated over their estimated useful lives. Total capitalized costs (including capitalized interest, salaries and real estate taxes) during the years ended December 31, 2019, 2018 and 2017 were $6.5 million, $4.2 million and $11.0 million, respectively. Certain costs associated with the lease-up of development projects, including cost of model units, furnishings and signs, are capitalized and amortized over their respective estimated useful lives. All other costs relating to renting development projects are expensed as incurred. Acquisition of Real Estate Assets In accordance with Accounting Standards Codification, or ASC, Topic 805, Business Combinations The purchase price of an acquired property is allocated based on the relative fair value of the individual components as a proportion of the total assets acquired. The Company allocates the cost of the tangible assets of an acquired property by valuing the building as if it were vacant, based on management’s determination of the relative fair values of these assets. Management determines the as-if-vacant fair value of a building using methods similar to those used by independent appraisers. These methods include using stabilized net operating income, or NOI, and market specific capitalization and discount rates. In allocating the cost of identified intangible assets of an acquired property, the in-place leases are valued based on current rent rates and time and cost to lease a unit. Management concluded that the residential leases acquired in connection with each of its property acquisitions approximate at-market rates since the residential lease terms generally do not extend beyond one year. For residential leases, the fair value of the in-place leases and resident relationships is amortized over six months, which represents the estimated remaining term of the tenant leases. For retail and commercial leases, the fair value of in-place leases and tenant relationships is amortized over the remaining term of the leases. The net amount of these lease intangibles included in “Other assets” totaled $2.6 million and $3.9 million as of December 31, 2019 and 2018, respectively. Impairment of Long-lived Assets The Company accounts for long-lived assets in accordance with the provisions of accounting standards for the impairment or disposal of long-lived assets. Management periodically evaluates long-lived assets, including investments in real estate, for indicators that would suggest that the carrying amount of the assets may not be recoverable. The judgments regarding the existence of such indicators are based on factors such as operating performance, market conditions and legal factors. Long-lived assets, such as real estate assets, equipment and purchased intangibles subject to amortization, are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to estimated undiscounted future cash flows expected to be generated by the asset. If the carrying amount of an asset exceeds its estimated future cash flows, an impairment charge is recognized for the amount by which the carrying amount of the asset exceeds the fair value of the asset. Assets to be disposed of are separately presented in the Consolidated Balance Sheets and reported at the lower of the carrying amount or fair value less costs to sell, and are no longer depreciated. The assets and liabilities of a disposed group or a property classified as held for sale are presented separately in the appropriate asset and liability sections of the Consolidated Balance Sheets. Undeveloped Land Undeveloped land includes sites intended for future multifamily developments, sites for future commercial development and sites intended for residential use, which are carried at the lower of cost or fair value in accordance with GAAP. Any costs incurred prior to commencement of pre-development activities are expensed as incurred. Investments in Unconsolidated Affiliates The Company uses the equity method to account for its investments in a real estate joint venture and a limited partnership that both qualify as a VIE. Management determined the Company is not the primary beneficiary in either investment but does have the ability to exert significant influence over the operations and financial policies of the real estate joint venture and considers its investment in the limited partnership to be more than minor. As of December 31, 2019 and 2018, the Company's investment in the real estate joint venture was $43.7 million and $44.2 million, respectively. As of December 31, 2019 and 2018, the Company's investment in the limited partnership was $13.1 million and $3.8 million, respectively, and is included in “Other assets” in the accompanying Consolidated Balance Sheets. As of December 31, 2019, the Company was committed until September 2022 to make additional capital contributions totaling $8.2 million if and when called by the general partner of the limited partnership. Cash and Cash Equivalents Investments in money market accounts and certificates of deposit with original maturities of three months or less are considered to be cash equivalents. Restricted Cash Restricted cash consists of security deposits required to be held separately, escrow deposits held by lenders for property taxes, insurance, debt service and replacement reserves, and exchanges under Section 1031(b) of the Internal Revenue Code of 1986, as amended, or the Code. Section 1031(b) exchanges are presented within cash, cash equivalents and restricted cash reported in the Consolidated Statements of Cash Flows. Other Assets Other assets consist primarily of receivables and deposits from residents, the value of derivative contracts, right-of-use lease assets, investment in a limited partnership, deferred rental concessions, deferred financing costs relating to a revolving credit facility and other prepaid expenses. Also included in other assets are the fair market value of in-place leases and resident relationships, net of accumulated amortization. Accrued Expenses and Other Liabilities Accrued expenses consist of accrued dividends payable, accrued real estate taxes, accrued interest payable, accrued loss contingencies (see Note 11), accounts payable, right-of-use lease liabilities, security deposits not related to restricted cash, other accrued expenses, and unearned income. Significant accruals include accrued dividends payable of $118.3 million and $113.2 million as of December 31, 2019 and 2018, respectively; accrued real estate taxes of $131.9 million loss contingencies of $ 8.6 million and $ 8.7 million as of December 31, 2019 and 2018 , respectively; security deposits of $ 19.4 million and $ 18.7 million as of December 31, 2019 and 2018 , respectively; and accrued interest payable of $ 21.4 million and $ million as of December 31, 2019 and 2018 , respectively. Income Taxes MAA has elected to be taxed as a REIT under the Code and intends to continue to operate in such a manner. The current and continuing qualification as a REIT depends on MAA's ability to meet the various requirements imposed by the Code, which are related to organizational structure, distribution levels, diversity of stock ownership and certain requirements with respect to the nature and diversity of MAA’s assets and sources of MAA’s gross income. As long as MAA qualifies for taxation as a REIT, it will generally not be subject to United States federal corporate income tax on its taxable income that is currently distributed to shareholders. This treatment substantially eliminates the “double taxation” (i.e., income taxation at both the corporate and shareholder levels) that generally results from an investment in a corporation. Even if MAA qualifies as a REIT, MAA may be subject to United States federal income and excise taxes in certain situations, such as if MAA fails to distribute timely all of its taxable income with respect to a taxable year. MAA also will be required to pay a 100% tax on any net income on non-arm’s length transactions between MAA and one of its taxable REIT subsidiaries, or TRS. Furthermore, MAA and its shareholders may be subject to state or local taxation in various state or local jurisdictions, including those in which MAA transacts business or its shareholders reside, and the applicable state and local tax laws may not conform to the United States federal income tax treatment. Any taxes imposed on MAA would reduce its operating cash flows and net income. The Company has elected TRS status for certain of its corporate subsidiaries. As a result, the TRS incur both federal and state income taxes on any taxable income after consideration of any net operating losses. The TRS use the liability method of accounting for income taxes. Deferred income tax assets and liabilities are recognized for future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities from a change in tax rate is recognized in earnings in the period of the enactment date. A valuation allowance is provided when it is more likely than not that all or some portion of the deferred tax assets will not be realized. The Company recognizes liabilities for uncertain income tax positions based on a two-step process. The first step is to evaluate the tax position for recognition by determining if the weight of available evidence indicates that it is more likely than not that the position will be sustained on audit, including resolution of related appeals or litigation processes, if any. The second step requires the Company to estimate and measure the tax benefit as the largest amount that is more likely than not to be realized upon ultimate settlement. See Note 7 for additional disclosures regarding income taxes. Fair Value Measurements The Company applies the guidance in ASC Topic 820, Fair Value Measurements and Disclosures Level 1 - Quoted prices in active markets for identical assets or liabilities that are accessible at the measurement date. Level 2 - Inputs other than quoted prices that are observable for the asset or liability, either directly or indirectly. Level 3 - Unobservable inputs for the assets or liability. Leases In 2016, the Financial Accounting Standards Board, or FASB, issued Accounting Standard Update, or ASU, 2016-02, Leases Comparative periods presented in this Annual Report on Form 10-K continue to apply guidance in ASC Topic 840, Leases, revenues as the Company's residential, retail and commercial leases, where it is the lessor, will continue to be accounted for as operating leases. Management has elected available practical expedients that provide lessors an option not to separate lease and non-lease components when certain criteria are met, and instead, allow for those components to be accounted for as a single lease component. B eginning with the effective date of the adoption of the new standard, rental revenues and non-lease reimbursable property revenues meet the criteria to be aggregated into a single lease component and are reported in the line item, “ Rental revenues ” , as presented in the disaggregation of the Company's revenues in Note 13. The Company is the lessee under certain ground, office, equipment and other operating leases. Based on its election of the package of practical expedients provided in ASU 2016-02, the Company did not reassess the classification of existing leases with its adoption of ASC Topic 842. The Company’s existing leases as of January 1, 2019 have continued to be accounted for as operating leases; however, if contracts are modified subsequent to the adoption of the new standard, the Company is required to reassess the contracts using guidance provided under ASC Topic 842. The Company recognized total right-of-use assets of $54.3 million within “Other assets” and related lease obligations of $33.6 million within “Accrued expenses and other liabilities” in its Consolidated Balance Sheets for leases in effect as of January 1, 2019. As of December 31, 2019, right-of-use assets and the related lease obligations totaled $53.8 million and $33.1 million, respectively. As most leases do not provide a readily determinable implicit rate to discount future minimum lease payments to present value, management estimated the Company's incremental borrowing rate based on information available as of the date of adoption and based on the remaining lease terms as of the date of initial application. Operating leases recognized upon adoption had a weighted-average remaining lease term of approximately 33 years and management estimated a weighted-average discount rate of approximately 4.4%. Operating leases as of December 31, 2019 have a weighted-average remaining lease term of approximately 32 years and a weighted-average discount rate of approximately 4.4%. Lease expense recognized for the years ended December 31, 2019, 2018 and 2017 was immaterial to the Company and was recognized in a similar manner for all years presented. Cash paid for amounts included in the measurement of operating lease liabilities during the year ended December 31, 2019 was also immaterial. Revenue Recognition The Company primarily leases multifamily residential apartments under operating leases generally due on a monthly basis with terms of approximately one year or less, which are recorded as operating leases. Rental revenues are recognized in accordance with ASC Topic 842 using a method that represents a straight-line basis over the term of the lease. In addition, in circumstances where a lease incentive is provided to tenants, the incentive is recognized as a reduction of rental revenues on a straight-line basis over the reasonably assured lease term. Rental revenues represent approximately 93% of the Company's total revenues and include gross rents charged less adjustments for concessions and bad debt. Approximately 6% of the Company's total revenues represents reimbursable property revenues from its tenants for utility reimbursements, which are generally recognized and due on a monthly basis as tenants obtain control of the service over the term of the lease. The remaining 1% of the Company's total revenues represents other non-lease revenues primarily driven by nonrefundable fees and commissions. With the adoption of ASC Topic 842, rental revenues and non-lease reimbursable property revenues meet the criteria to be aggregated into a single lease component and are reported on a combined basis, while non-lease reimbursable property revenues recognized prior to January 1, 2019 is reported as non-lease revenues and recognized in accordance with ASC Topic 606, Revenue Recognition. Recently Issued Accounting Pronouncements In June 2016, the FASB issued ASU No. 2016-13, Measurement of Credit Losses on Financial Instruments

Earnings Per Common Share of MA

Earnings Per Common Share of MAA	12 Months Ended
	Dec. 31, 2019
Earnings Per Common Share Of M A A [Abstract]
Earnings per Common Share of MAA	2 . Earnings per Common Share of MAA Basic earnings per share is computed by dividing net income available to MAA common shareholders by the weighted average number of common shares outstanding during the period. All outstanding unvested restricted share awards contain rights to non-forfeitable dividends and participate in undistributed earnings with shareholders and, accordingly, are considered participating securities that are included in the two-class method of computing basic earnings per share. Both the unvested restricted shares and other potentially dilutive common shares, and the related impact to earnings, are considered when calculating earnings per share on a diluted basis with diluted earnings per share being the more dilutive of the treasury stock or two-class methods. OP Units are included in dilutive earnings per share calculations when the units are dilutive to earnings per share. For the years ended December 31, 2019, 2018 and 2017, MAA's diluted earnings per share was computed using the treasury stock method as presented below (dollars and shares in thousands, except per share amounts): 2019 2018 2017 Calculation of Earnings per common share - basic Net income $ 366,618 $ 231,022 $ 340,536 Net income attributable to noncontrolling interests (12,807 ) (8,123 ) (12,157 ) Unvested restricted stock (allocation of earnings) (519 ) (291 ) (535 ) Preferred dividends (3,688 ) (3,688 ) (3,688 ) Net income available for MAA common shareholders, adjusted $ 349,604 $ 218,920 $ 324,156 Weighted average common shares - basic 113,854 113,638 113,407 Earnings per common share - basic $ 3.07 $ 1.93 $ 2.86 Calculation of Earnings per common share - diluted Net income $ 366,618 $ 231,022 $ 340,536 Net income attributable to noncontrolling interests (12,807 ) (1) (8,123 ) (1) (12,157 ) (1) Preferred dividends (3,688 ) (3,688 ) (3,688 ) Net income available for MAA common shareholders, adjusted $ 350,123 $ 219,211 $ 324,691 Weighted average common shares - basic 113,854 113,638 113,407 Effect of dilutive securities 259 198 280 Weighted average common shares - diluted 114,113 113,836 113,687 Earnings per common share - diluted $ 3.07 $ 1.93 $ 2.86 (1)

Earnings Per OP Unit of MAALP

Earnings Per OP Unit of MAALP	12 Months Ended
	Dec. 31, 2019
Earnings Per Share [Abstract]
Earnings per OP Unit of MAALP	3 . Earnings per OP Unit of MAALP Basic earnings per common unit is computed using the two-class method by dividing net income available for common unitholders by the weighted average number of OP Units outstanding during the period. All outstanding unvested restricted unit awards contain rights to non-forfeitable distributions and participate in undistributed earnings with common unitholders and, accordingly, are considered participating securities that are included in the two-class method of computing basic earnings per common unit. Diluted earnings per common unit reflects the potential dilution that could occur if securities or other contracts to issue OP Units were exercised or converted into OP Units. Both the unvested restricted unit awards and other potentially dilutive common units, and the related impact to earnings, are considered when calculating earnings per common unit on a diluted basis with diluted earnings per common unit being the more dilutive of the treasury stock or two-class methods. For the years ended December 31, 2019, 2018 and 2017, MAALP’s diluted earnings per common unit was computed using the treasury stock method as presented below (dollars and units in thousands, except per unit amounts): 2019 2018 2017 Calculation of Earnings per common unit - basic Net income $ 366,618 $ 231,022 $ 340,536 Net income attributable to noncontrolling interests (136 ) — — Unvested restricted stock (allocation of earnings) (519 ) (291 ) (535 ) Preferred unit distributions (3,688 ) (3,688 ) (3,688 ) Net income available for MAALP common unitholders, adjusted $ 362,275 $ 227,043 $ 336,313 Weighted average common units - basic 117,944 117,777 117,617 Earnings per common unit - basic $ 3.07 $ 1.93 $ 2.86 Calculation of Earnings per common unit - diluted Net income $ 366,618 $ 231,022 $ 340,536 Net income attributable to noncontrolling interests (136 ) — — Preferred unit distributions (3,688 ) (3,688 ) (3,688 ) Net income available for MAALP common unitholders, adjusted $ 362,794 $ 227,334 $ 336,848 Weighted average common units - basic 117,944 117,777 117,617 Effect of dilutive securities 259 198 280 Weighted average common units - diluted 118,203 117,975 117,897 Earnings per common unit - diluted $ 3.07 $ 1.93 $ 2.86

Stock-Based Compensation

Stock-Based Compensation	12 Months Ended
	Dec. 31, 2019
Stock Based Compensation [Abstract]
Stock-Based Compensation	4 . Overview MAA accounts for its stock-based employee compensation plans in accordance with accounting standards governing stock-based compensation. These standards require an entity to measure the cost of employee services received in exchange for an award of an equity instrument based on the award's fair value on the grant date and recognize the cost over the period during which the employee is required to provide service in exchange for the award, which is generally the vesting period. Any liability awards issued are remeasured at each reporting period. MAA’s stock compensation plans consist of a number of incentives provided to attract and retain independent directors, executive officers and key employees. Incentives are currently granted under the Second Amended and Restated 2013 Stock Incentive Plan, or the Stock Plan, which was approved at the 2018 annual meeting of MAA shareholders. The Stock Plan allows for the grant of restricted stock and stock options up to 2,000,000 shares. MAA believes that such awards better align the interests of its employees with those of its shareholders. Compensation expense is generally recognized for service based restricted stock awards using the straight-line method over the vesting period of the shares regardless of cliff or ratable vesting distinctions. Compensation expense for market and performance based restricted stock awards is generally recognized using the accelerated amortization method with each vesting tranche valued as a separate award, with a separate vesting date, consistent with the estimated value of the award at each period end. Additionally, compensation expense is adjusted for actual forfeitures for all awards in the period that the award was forfeited. Compensation expense for stock options is generally recognized on a straight-line basis over the requisite service period. MAA presents stock compensation expense in the Consolidated Statements of Operations in “General and administrative expenses”. Total compensation expense under the Stock Plan was $14.7 million, $12.9 million and $10.8 million for the years ended December 31, 2019, 2018 and 2017, respectively. Of these amounts, total compensation expense capitalized was $1.0 million, $0.5 million and $0.2 million for the years ended December 31, 2019, 2018 and 2017, respectively. As of December 31, 2019, the total unrecognized compensation expense was $13.9 million. This cost is expected to be recognized over the remaining weighted average period of 0.9 years. Total cash paid for the settlement of plan shares totaled $3.7 million, $2.9 million and $4.8 million for the years ended December 31, 2019, 2018 and 2017, respectively. Information concerning grants under the Stock Plan is provided below. Restricted Stock In general, restricted stock is earned based on either a service condition, performance condition, or market condition, or a combination thereof, and generally vests ratably over a period from at grant date to 5 years. Service based awards are earned when the employee remains employed over the requisite service period and are valued on the grant date based upon the market price of MAA common stock on the date of grant. Market based awards are earned when MAA reaches a specified stock price or specified return on the stock price (price appreciation plus dividends) and are valued on the grant date using a Monte Carlo simulation. Performance based awards are earned when MAA reaches certain operational goals, such as funds available for distribution targets, and are valued based upon the market price of MAA common stock on the date of grant as well as the probability of reaching the stated targets. MAA remeasures the fair value of the performance based awards each balance sheet date with adjustments made on a cumulative basis until the award is settled and the final compensation is known. The weighted average grant date fair value per share of restricted stock awards granted during the years ended December 31, 2019, 2018 and 2017, was $72.98, $71.85 and $84.53, respectively. The following is a summary of the key assumptions used in the valuation calculations for market based awards granted during the years ended December 31, 2019, 2018 and 2017: 2019 2018 2017 Risk free rate 2.578% 1.61% - 2.14% 0.65% - 1.57% Dividend yield 4.043% 3.884% 3.573% Volatility 18.95% 15.05% - 17.18% 20.43% - 21.85% Requisite service period 3 years 3 years 3 years The risk free rate was based on a zero coupon risk-free rate. The dividend yield was based on the closing stock price of MAA stock on the date of grant. Volatility for MAA was obtained by using a blend of both historical and implied volatility calculations. Historical volatility was based on the standard deviation of daily total continuous returns, and implied volatility was based on the trailing month average of daily implied volatilities interpolating between the volatilities implied by stock call option contracts that were closest to the terms shown and closest to the money. The requisite service period is based on the criteria for the separate programs according to the vesting schedule. For the years ended December 31, 2018 and 2017, the minimum risk free rate was based on a period of 0.25 years 3 years A summary of the status of the nonvested restricted shares as of December 31, 2019, and the changes for the year ended December 31, 2019, is presented below: Nonvested Shares Shares Weighted Average Grant-Date Fair Value Nonvested as of January 1, 2019 187,777 $ 88.79 Issued 173,174 88.59 Vested (125,381 ) 74.35 Forfeited (1,692 ) 95.44 Nonvested as of December 31, 2019 233,878 $ 96.33 The total fair value of shares vested during the years ended December 31, 2019, 2018 and 2017 was $9.3 million, $7.6 million and $10.5 million, respectively. Stock Options Stock options are earned when the employee remains employed over the requisite service period and vest ratably over a period from 0.3 years to 2.3 years. Stock options exercised result in new common shares being issued on the open market by the Company. The fair value of stock option awards is determined using the Monte Carlo valuation model. No stock options were granted during the years ended December 31, 2019, 2018 or 2017. A summary of the status of the outstanding stock options as of December 31, 2019 and the changes for the year ended December 31, 2019 is presented below: Stock Options Options Weighted Average Exercise Price Outstanding as of January 1, 2019 90,615 $ 77.16 Granted — — Exercised (69,852 ) 76.96 Expired — — Outstanding as of December 31, 2019 20,763 $ 77.82 All options outstanding as of December 31, 2019 were exercisable and had an intrinsic value of $1.2 million with a weighted average remaining term of 5.2 years. There were 69,852 options, 17,823 options and 21,006 options exercised during the years ended December 31, 2019, 2018 and 2017, respectively. Cash received from the exercise of stock options totaled $2.9 million, $0.9 million and $0.4 million for the years ended December 31, 2019, 2018 and 2017, respectively.

Borrowings

Borrowings	12 Months Ended
	Dec. 31, 2019
Notes To Financial Statements [Abstract]
Borrowings	5 . Borrowings The following table summarizes the Company's outstanding debt as of December 31, 2019 and 2018 (dollars in thousands): Balance As of December 31, 2019 December 31, 2019 December 31, 2018 Weighted Average Effective Rate Weighted Average Contract Maturity Unsecured debt Variable rate revolving credit facility $ — $ 540,000 — % — Variable rate commercial paper program 70,000 — 2.1 % 1/8/2020 Fixed rate senior notes 3,472,000 2,642,000 3.9 % 7/19/2026 Term loans fixed with swaps 300,000 300,000 2.3 % 3/1/2022 Variable rate term loans — 600,000 — % — Debt issuance costs, discounts, premiums and fair market value adjustments (13,799 ) (28,698 ) Total unsecured debt $ 3,828,201 $ 4,053,302 3.7 % Fixed rate secured debt Individual property mortgages $ 629,817 $ 476,161 4.5 % 4/2/2037 Debt issuance costs and fair market value adjustments (3,420 ) (1,135 ) Total secured debt $ 626,397 $ 475,026 4.5 % Total outstanding debt $ 4,454,598 $ 4,528,328 3.8 % Unsecured Revolving Credit Facility In May 2019, MAALP entered into a $1.0 billion unsecured revolving credit facility with a syndicate of banks led by Wells Fargo Bank, National Association, or Wells Fargo, and fifteen other banks, which is referred to as the Credit Facility. The Credit Facility replaced MAALP’s previous unsecured revolving credit facility, and it includes an expansion option up to $1.5 billion. The Credit Facility bears an interest rate of the London Interbank Offered Rate, or LIBOR, plus a spread of 0.75% to 1.45% based on an investment grade pricing grid. The Credit Facility matures in May 2023 with an option to extend for two additional six-month periods. As of December 31, 2019, MAALP had no balance outstanding under the Credit Facility, while $2.7 million of capacity was being used to support outstanding letters of credit. Unsecured Commercial Paper In May 2019, MAALP established an unsecured commercial paper program whereby MAALP may issue unsecured commercial paper notes with varying maturities not to exceed 397 days up to a maximum aggregate principal amount outstanding of $500.0 million. As of December 31, 2019, MAALP had $70.0 million outstanding under the commercial paper program with a weighted average interest rate of 2.05% and a weighted average maturity of eight days. Senior Unsecured Notes As of In March 2019, MAALP publicly issued $300.0 million in aggregate principal amount of senior unsecured notes, maturing March 2029 with a coupon rate of 3.950% per annum, or the Initial 2029 Notes. The purchase price paid by the purchasers was 99.720% of the principal amount. The Initial 2029 Notes are general unsecured senior obligations of MAALP and rank equally in right of payment with all other senior unsecured indebtedness of MAALP. Interest on the Initial 2029 Notes is payable on March 15 and September 15 of each year, beginning on September 15, 2019. The net proceeds of the offering, after deducting the original issue discount, underwriting commissions and expenses of approximately $2.8 million, were $297.2 million. The Initial 2029 Notes have been reflected net of discount and debt issuance costs in the Consolidated Balance Sheets as of December 31, 2019. In connection with the issuance of the Initial 2029 Notes, MAALP cash settled $300.0 million in forward interest rate swap agreements, entered into during 2018 to effectively lock the interest rate on the planned transaction, resulting in an effective interest rate of 4.240% over the ten year life of the Initial 2029 Notes. In August 2019, MAALP publicly issued an additional $250.0 million in aggregate principal amount of senior unsecured, maturing March 2029 with a coupon rate of 3.950% per annum, or the Additional 2029 Notes. The purchase price paid by the purchasers of the Additional Notes was 107.827% of the principal amount. The Additional 2029 Notes were issued under the indenture and the supplemental indenture pursuant to which MAALP issued the Initial 2029 Notes in March 2019. The Additional 2029 Notes are treated as a single series of securities with the Initial 2029 Notes and have the same CUSIP number as, and are fungible with, the Initial 2029 Notes. The net proceeds of the offering, after considering the original issue premium, cash received for interest due but not accrued, underwriting commissions and expenses totaling a net amount of approximately $22.1 million, were $272.1 million. The Additional 2029 Notes have an effective interest rate of 2.985% and have been reflected net of premium and debt issuance costs in the Consolidated Balance Sheets as of December 31, 2019. In November 2019, MAALP publicly issued $300.0 million in aggregate principal amount of senior unsecured notes, maturing March 2030 with a coupon rate of 2.750% per annum, or the 2030 Notes. The purchase price paid by the purchasers was 99.762% of the principal amount. The 2030 Notes are general unsecured senior obligations of MAALP and rank equally in right of payment with all other senior unsecured indebtedness of MAALP. Interest on the 2030 Notes is payable on March 15 and September 15 of each year, beginning on March 15, 2020. The net proceeds of the offering, after deducting the original issue discount, underwriting commissions and expenses of approximately $2.7 million, were $297.3 million. The 2030 Notes have been reflected net of discount and debt issuance costs in the Consolidated Balance Sheets as of December 31, 2019. In connection with the issuance of the 2030 Notes, MAALP cash settled $150.0 million in forward interest rate swap agreements, entered into during the first half of 2019 to effectively lock the interest rate on the planned transaction, resulting in an effective interest rate of 3.065% over the ten year life of the 2030 Notes. In November 2019, MAALP retired a $20.0 million tranche of privately placed senior unsecured notes with an interest rate of 3.61% on its maturity date. Unsecured Term Loans As of December 31, 2019, MAALP maintained one term loan with a syndicate of banks, In May 2019, MAALP retired a $300.0 million unsecured term loan with Wells Fargo due in June 2019. In August 2019, MAALP retired a $150.0 million unsecured term loan with U.S. Bank National Association due in March 2020. In November 2019, MAALP retired a $150.0 million unsecured term loan with KeyBank National Association due in February 2021. Secured Property Mortgages As of December 31, 2019, MAALP had $629.8 million In August 2019, MAALP retired a $13.2 million mortgage associated with Colonial Grand at Canyon Creek. The mortgage was scheduled to mature in October 2019. In November 2018, MAALP retired a $17.2 million mortgage associated with Stone Ranch at Westover Hills. The mortgage was scheduled to mature in March 2020. Schedule of Maturities The following table includes scheduled principal repayments of MAALP’s outstanding borrowings as of December 31, 2019, as well as the amortization of the fair market value of debt assumed, debt discounts, premiums and issuance costs (in thousands): Year Maturities Amortization Total 2020 $ 211,108 $ (3,323 ) $ 207,785 2021 192,903 (3,393 ) 189,510 2022 668,401 (3,098 ) 665,303 2023 363,731 (2,487 ) 361,244 2024 421,566 (1,509 ) 420,057 Thereafter 2,614,108 (3,409 ) 2,610,699 $ 4,471,817 $ (17,219 ) $ 4,454,598 Guarantees As of December 31, 2019, MAA fully and unconditionally guaranteed $222.0 million of the privately placed senior unsecured notes issued by MAALP.

Financial Instruments and Deriv

Financial Instruments and Derivatives	12 Months Ended
	Dec. 31, 2019
Fair Value Disclosures [Abstract]
Financial Instruments and Derivatives	6 . Financial Instruments and Derivatives Financial Instruments Not Carried at Fair Value Cash and cash equivalents, restricted cash and accrued expenses and other liabilities are carried at amounts that reasonably approximate their fair value due to their short term nature. Fixed rate notes payable as of December 31, 2019 and December 31, 2018, totaled $4.1 billion and $3.1 billion, respectively, and had estimated fair values of $4.5 billion and $3.1 billion (excluding prepayment penalties) as of December 31, 2019 and December 31, 2018, respectively. The carrying values of variable rate debt (excluding the effect of interest rate swap agreements) as of December 31, 2019 and December 31, 2018, totaled $0.4 billion and $1.1 billion, respectively, and had estimated fair values of $0.4 billion and $1.1 billion (excluding prepayment penalties) as of December 31, 2019 and December 31, 2018, respectively. The fair values of fixed rate debt are determined by using the present value of future cash outflows discounted with the applicable current market rate plus a credit spread. The fair values of variable rate debt are determined using the stated variable rate plus the current market credit spread. The variable rates reset every 30 to 90 days, and management concluded these rates reasonably estimate current market rates. Financial Instruments Measured at Fair Value on a Recurring Basis The Company uses interest rate swaps to add stability to interest expense and to manage, or hedge, its exposure to interest rate movements associated with its variable rate debt or as hedges in anticipation of future debt transactions. The fair values of interest rate swaps are determined using the market standard methodology of netting the discounted future fixed cash receipts (or payments) and the discounted expected variable cash payments (or receipts). The variable cash payments (or receipts) are based on an expectation of future interest rates (forward curves) derived from observable market interest rate curves. To comply with the provisions of ASC Topic 820, management incorporates credit valuation adjustments to appropriately reflect both its nonperformance risk and the respective counterparty’s nonperformance risk in the fair value measurements. In adjusting the fair value of the derivative contracts for the effect of nonperformance risk, the Company has considered the impact of netting and any applicable credit enhancements, such as collateral postings, thresholds, mutual puts and guarantees. Based on guidance issued by the FASB, the Company made an accounting policy election to measure the credit risk of its derivative financial instruments that are subject to master netting agreements on a net basis by counterparty portfolio. As of December 31, 2019, the Company had four outstanding interest rate derivatives with a total notional balance of $300.0 million that were designated as cash flow hedges of interest rate risk. The fair value of interest rate derivative contracts designated as hedging instruments recorded in “Other assets” in the accompanying Consolidated Balance Sheets was $0.1 million and $3.7 million as of December 31, 2019 and December 31, 2018, respectively. The fair value of interest rate derivative contract liabilities recorded in “Accrued expenses and other liabilities” in the accompanying Consolidated Balance Sheets was $5.3 million as of December 31, 2018. There were no interest rate derivative contract liabilities recorded as of December 31, 2019. The Company has recognized a derivative asset related to the redemption feature embedded in the MAA Series I preferred stock. The derivative asset is valued using widely accepted valuation techniques, including a discounted cash flow analysis in which the perpetual value of the preferred shares is compared to the value of the preferred shares assuming the call option is exercised, with the value of the bifurcated call option as the difference between the two values. The analysis reflects the contractual terms of the redeemable preferred shares, which are redeemable at the Company's option beginning on October 1, 2026 and at the redemption price of $50 per share (see Note 8 ). The Co mpany uses various inputs in the anlaysis , including trading data available on the preferred shares, coupon yields on preferred stock issuances from REITs with similar credit ratings as MAA and treasury rates to determine the fair value of the bifurcated call option. The redemption feature embedded in the MAA Series I preferred stock is reported as a derivative asset in “Other assets” in the accompanying Consolidated Balance Sheets and is adjusted to its fair value at each reporting date, with a corresponding non-cash adjustment to “Other non-operating income” in the accompanying Consolidated Statements of Operations. As a result of adjustments of non-cash income recorded to reflect the change in fair value of the derivative asset during the year ended December 31, 2019, the fair value of the embedded derivative asset increased to $36.5 The Company has determined the majority of the inputs used to value its outstanding debt and derivatives, including its embedded derivative, fall within Level 2 of the fair value hierarchy, and as a result, the fair value valuation of its debt and all of its derivatives held as of December 31, 2019 and December 31, 2018 were classified as Level 2 in the fair value hierarchy. The Company’s derivative financial instruments and their related gains and losses are reported in “Net change in operating accounts and other operating activities” in the accompanying Consolidated Statements of Cash Flows. Cash Flow Hedges of Interest Rate Risk The changes in the fair value of derivatives designated and that qualify as cash flow hedges is recorded in “Accumulated other comprehensive loss” and is subsequently reclassified into earnings in the period that the hedged forecasted transaction affects earnings. As long as a hedging instrument is designated and the results of the effectiveness testing support that the instrument qualifies for hedge accounting treatment, there is no periodic measurement or recognition of ineffectiveness. Rather, the full impact of hedge gains and losses will be recognized in the period in which hedged transactions impact earnings, regardless of whether or not economic mismatches exist in the hedging relationship. Amounts reported in “Accumulated other comprehensive loss” related to derivatives designated as qualifying cash flow hedges will be reclassified to interest expense as interest payments are made on the Company's variable rate or fixed rate debt. During the next twelve months, the Company estimates that an additional $1.1 million Tabular Disclosure of the Effect of Derivative Instruments on the Statements of Operations The tables below present the effect of the Company's derivative financial instruments on the Consolidated Statements of Operations for the years ended December 31, 2019, 2018 and 2017, respectively (dollars in thousands): Derivatives in Cash Flow Hedging Relationships (Loss) Gain Recognized in OCI on Derivative Location of Gain (Loss) Reclassified Gain (Loss) Reclassified from Accumulated OCL into Interest Expense (1) For the Year ended December 31, 2019 2018 2017 from Accumulated OCL into Income 2019 2018 2017 Interest rate contracts $ (11,676 ) $ (751 ) $ 319 Interest expense $ 1,747 $ 1,938 $ (730 ) (1) Derivatives Not Designated as Hedging Instruments Location of Gain (Loss) Recognized in Gain (Loss) Recognized in Earnings on Derivative For the year ended December 31, Income on Derivative 2019 2018 2017 Preferred stock embedded derivative Other non-operating income $ 17,886 $ (2,576 ) $ 8,807 Credit-Risk-Related Contingent Features Certain of the Company's derivative contracts contain a provision where the Company could be declared in default on its derivative obligations if repayment of the underlying indebtedness is accelerated by the lender due to the Company's default on the indebtedness. As of December 31, 2019, the Company had not breached the provisions of these agreements. If the provisions had been breached, the Company could have been required to settle its obligations under the agreements, although there was no termination value liability as of December 31, 2019.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2019
Income Taxes [Abstract]
Income Tax Disclosure	7 . Income Taxes Due to the structure of MAA as a REIT and the nature of the operations of its operating properties, no provision for federal income taxes has been made at the MAA level. In addition, as MAALP is structured as a limited partnership, and its partners recognize their proportionate share of income or loss in their tax returns, no provision for federal income taxes has been made at the MAALP level. Historically, the Company has incurred certain state and local income, excise and franchise taxes. Taxable REIT Subsidiaries A TRS is an entity that is subject to federal, state and any applicable local corporate income tax without the benefit of the dividends paid deduction applicable to REITs. The Company’s TRS did not generate any material taxable income or income tax expense for the years ended December 31, 2019, 2018 and 2017. The Company’s TRS generally provide the Company with third party services (property management services to a real estate joint venture and other services) for which the Company reimburses its TRS. In addition, one of the Company’s TRS has an investment in a limited partnership that generates investment income and losses. All intercompany transactions are eliminated in the accompanying consolidated financial statements. For the years ended December 31, 2019, 2018 and 2017, the reconciliation of income tax attributable to continuing operations for the Company’s TRS computed at the U.S. statutory rate to the income tax provision was as follows (in thousands): 2019 2018 2017 Tax expense at U.S. statutory rates on the Company's TRS income subject to tax $ 1,026 $ 115 $ 2,177 Valuation allowance — 127 (2,177 ) TRS income tax provision $ 1,026 $ 242 $ — Income tax expense primarily relates to the Texas-based margin tax for all Texas apartment communities in addition to the Company’s TRS income tax provision discussed above. Income tax expense for the Company for the years ended December 31, 2019, 2018 and 2017 was $3.7 million, $2.6 million and $2.6 million, respectively, and is presented in “Income tax expense” in the accompanying Consolidated Statements of Operations. The Company’s TRS deferred tax asset and liability balances as of December 31, 2019 and 2018 were immaterial. The TRS had no reserve for uncertain tax positions for the years ended December 31, 2019 and 2018, and management does not believe there will be any material changes in the TRS unrecognized tax positions over the next 12 months. If necessary, the TRS accrues interest and penalties on unrecognized tax benefits as a component of income tax expense. NOL Carryforwards As of December 31, 2019 and 2018, the Company held federal NOL carryforwards of $70.8 million and $71.5 million, respectively, for income tax purposes that expire in years 2019 to 2033. Utilization of any NOL carryforwards is subject to an annual limitation due to ownership change limitations provided by Section 382 of the Code and similar state provisions. The annual limitations may result in the expiration of NOL carryforwards before utilization. The Company may use these NOLs to offset all or a portion of the taxable income generated at the REIT level. Tax years 2016 through 2019 are subject to examination by the Internal Revenue Service. No tax examination is currently in process. Taxable Composition of Distributions For income tax purposes, dividends paid to holders of common stock primarily consist of ordinary income, return of capital, capital gains, qualified dividends and un-recaptured Section 1250 gains, or a combination thereof. For the years ended December 31, 2019, 2018 and 2017, dividends per share held for the entire year were estimated to be taxable as follows: 2019 2018 2017 Amount Percentage Amount Percentage Amount Percentage Ordinary income $ 3.51 91.4 % $ 3.66 99.3 % $ 2.79 80.2 % Capital gain 0.21 5.5 % 0.02 0.6 % 0.31 8.9 % Un-recaptured Section 1250 gain 0.12 3.1 % 0.01 0.1 % 0.38 10.9 % $ 3.84 100 % $ 3.69 100 % $ 3.48 100 % The Company designated the per share amounts above as capital gain dividends in accordance with the requirements of the Code. The difference between net income available to common shareholders for financial reporting purposes and taxable income before dividend deductions relates primarily to temporary differences such as depreciation and amortization and taxable gains on sold properties. U.S. Tax Reform In December 2017, the Tax Cuts and Jobs Act, or the Act, was enacted in the United States, requiring companies to account in 2017 for the current and future effects of the legislative changes. As REITs are pass-through entities for the purpose of U.S. federal taxation, the legislative changes created by the Act were largely not applicable to the Company. Generally, the effects to REITs resulting from the Act included a reduction in the TRS federal statutory tax rate to 21% and a one-time inclusion in REIT taxable income of foreign subsidiary earnings. As noted above, the Company's TRS recognized no material taxable income in 2019, 2018 and 2017, and the Company has no foreign subsidiaries. Management has concluded there was no material effect to the Company’s consolidated financial statements from either a tax or financial statement perspective as a result of the Act.

Shareholders' Equity of MAA

Shareholders' Equity of MAA	12 Months Ended
	Dec. 31, 2019
Shareholders Equity Of M A A [Abstract]
Shareholders' Equity of MAA	8 . Shareholders' Equity of MAA As of December 31, 2019, 114,246,393 shares of common stock of MAA and 4,067,174 OP Units (excluding the OP Units held by MAA) were issued and outstanding, representing a total of 118,313,567 common shares and units. As of December 31, 2018, 113,844,267 shares of common stock of MAA and 4,111,301 OP Units (excluding the OP Units held by MAA) were issued and outstanding, representing a total of 117,955,568 common shares and units. Preferred Stock As of December 31, 2019, MAA had one outstanding series of cumulative redeemable preferred stock which has the following characteristics: Description Outstanding Shares Liquidation Preference (1) Optional Redemption Date Redemption Price (2) Stated Dividend Yield Approximate Dividend Rate Series I 867,846 $ 50.00 10/1/2026 $ 50.00 8.50% $ 4.25 (1) The total liquidation preference for the outstanding preferred stock is $43.4 million. (2) The redemption price is the price at which the preferred stock is redeemable, at MAA's option, for cash. See Note 6 for details of the valuation of the derivative asset related to the redemption feature embedded in the MAA Series I preferred stock. Direct Stock Purchase and Distribution Reinvestment Plan MAA has a Dividend and Distribution Reinvestment and Share Purchase Plan, or DRSPP, pursuant to which MAA’s common shareholders have the ability to reinvest all or part of their distributions from MAA into shares of MAA’s common stock and holders of Class A OP Units have the ability to reinvest all or part of their distributions from the Operating Partnership into MAA’s common stock. The DRSPP also provides the opportunity to make optional cash investments in MAA's common stock of at least $250, but not more than $5,000 in any given month, free of brokerage commissions and charges. MAA, in its absolute discretion, may grant waivers to allow for optional cash payments in excess of $5,000. To fulfill its obligations under the DRSPP, MAA may either issue additional shares of common stock or repurchase common stock in the open market. MAA currently has registered with the SEC the offer and sale of up to 1,940,500 shares of common stock pursuant to the DRSPP. MAA may elect to sell shares under the DRSPP at up to a 5% discount. Shares of MAA's common stock totaling 16,219 in 2019, 9,721 in 2018, and 9,568 in 2017 were acquired by participants under the DRSPP. MAA did not offer a discount for optional cash purchases in 2019, 2018 or 2017. At-the-Market Share Offering Program The Company has entered into separate distribution agreements with each of J.P. Morgan Securities LLC, BMO Capital Markets Corp. and KeyBanc Capital Markets Inc. to establish an at-the-market share offering program, or ATM program, allowing MAA to sell shares of its common stock from time to time into the existing market at current market prices or through negotiated transactions. Under the ATM program, MAA has the authority to issue up to an aggregate of 4.0 million shares of its common stock, at such times to be determined by MAA. The ATM program currently has a maturity of September 28, 2021. MAA has no obligation to issue shares through the ATM program. During the year ended December 31, 2019, MAA sold 146,301 shares December 31, 2019

Partners' Capital of MAALP

Partners' Capital of MAALP	12 Months Ended
	Dec. 31, 2019
Partners Capital Notes [Abstract]
Partners' Capital of MAALP	9 . Partners' Capital of MAALP Common units of limited partnership interests in MAALP are represented by OP Units. As of December 31, 2019, there were 118,313,567 OP Units outstanding, 114,246,393, or 96.6%, of which represent Class B OP Units (common units issued to or held by MAALP's general partner or any of its subsidiaries), which were owned by MAA, MAALP's general partner. The remaining 4,067,174 OP Units were Class A OP Units owned by Class A limited partners. As of December 31, 2018, there were 117,955,568 OP Units outstanding, 113,844,267, or 96.5%, of which were owned by MAA and 4,111,301 of which were owned by the Class A limited partners. MAA, as the sole general partner of MAALP, has full, complete and exclusive discretion to manage and control the business of MAALP subject to the restrictions specifically contained within MAALP's agreement of limited partnership, or the Partnership Agreement. Unless otherwise stated in the Partnership Agreement, this power includes, but is not limited to, acquiring, leasing or disposing of any real property; constructing buildings and making other improvements to properties owned; borrowing money, modifying or extinguishing current borrowings, issuing evidence of indebtedness and securing such indebtedness by mortgage, deed of trust, pledge or other lien on MAALP's assets; and distribution of MAALP's cash or other assets in accordance with the Partnership Agreement. MAA can generally, at its sole discretion, issue and redeem OP Units and determine the consideration to be received or the redemption price to be paid, as applicable. The general partner may delegate these and other powers granted if the general partner remains in supervision of the designee. Under the Partnership Agreement, MAALP may issue Class A OP Units and Class B OP Units. Class A OP Units are any OP Units other than Class B OP Units, while Class B OP Units are those issued to or held by MAALP's general partner or any of its subsidiaries. In general, the limited partners do not have the power to participate in the management or control of MAALP's business except in limited circumstances, including changes in the general partner and protective rights if the general partner acts outside of the provisions provided in the Partnership Agreement. The transferability of Class A OP Units is also limited by the Partnership Agreement. Net income (after allocations to preferred ownership interests) is allocated to the general partner and limited partners based on their respective ownership percentages of MAALP. Issuance or redemption of additional Class A OP Units or Class B OP Units changes the relative ownership percentage of the partners. The issuance of Class B OP Units generally occurs when MAA issues common stock and the proceeds from that issuance are contributed to MAALP in exchange for the issuance to MAA of a number of OP Units equal to the number of shares of common stock issued. Likewise, if MAA repurchases or redeems outstanding shares of common stock, MAALP generally redeems an equal number of Class B OP Units with similar terms held by MAA for a redemption price equal to the purchase price of those shares of common stock. At each reporting period, the allocation between general partner capital and limited partner capital is adjusted to account for the change in the respective percentage ownership of the underlying capital of MAALP. Holders of the Class A OP Units may require MAA to redeem their Class A OP Units, in which case MAA may, at its option, pay the redemption price either in cash (in an amount per Class A OP Unit equal, in general, to the average closing price of MAA's common stock on the NYSE over a specified period prior to the redemption date) or by delivering one share of MAA common stock (subject to adjustment under specified circumstances) for each Class A OP Unit so redeemed. As of December 31, 2019, a total of 4,067,174 As of December 31, 2019, MAALP had one outstanding series of cumulative redeemable preferred units, or the MAALP Series I Preferred Units. The MAALP Series I Preferred Units have the same characteristics as the MAA Series I preferred stock described in Note 8. As of December 31, 2019, 867,846 units of the MAALP Series I Preferred Units were outstanding.

Employee Benefit Plans

Employee Benefit Plans	12 Months Ended
	Dec. 31, 2019
Employee Benefit Plans [Abstract]
EMPLOYEE BENEFIT PLANS	10 . Employee Benefit Plans The following provides details of the employee benefit plans not previously discussed in Note 4. 401(k) Savings Plans MAA's 401(k) Savings Plan, or 401(k) Plan, is a defined contribution plan that satisfies the requirements of Section 401(a) and 401(k) of the Code. MAA's Board of Directors has the discretion to approve matching contributions to the 401(k) Plan. MAA recognized expense from the 401(k) Plan of $3.5 million, $3.2 million and $2.8 million for the years ended December 31, 2019, 2018 and 2017, respectively. Non-Qualified Executive Deferred Compensation Retirement Plan MAA has adopted the MAA Non-Qualified Executive Deferred Compensation Retirement Plan Amended and Restated effective January 1, 2016, or the Deferred Compensation Plan, for certain executive employees. Under the terms of the Deferred Compensation Plan, employees may elect to defer a percentage of their compensation and bonus, and MAA may, but is not obligated to, match a portion of the employees' salary deferral. MAA recognized expense on its match to the Deferred Compensation Plan for the years ended December 31, 2019, 2018 and 2017 of $0.3 million, $0.3 million and $0.2 million, respectively. Non-Qualified Deferred Compensation Plan for Outside Company Directors MAA has adopted the Non-Qualified Deferred Compensation Plan for Outside Company Directors as Amended effective November 20, 2010, or the Directors Deferred Compensation Plan, which allows non-employee directors to defer their director fees by having the fees held by MAA as shares of MAA's common stock. Directors can also choose to have their annual restricted stock grants issued into the Directors Deferred Compensation Plan. Amounts deferred through the Directors Deferred Compensation Plan are distributed to the directors in two annual installments beginning in the first 90 days of the year following the director’s departure from the board. Participating directors may choose to have the amount issued to them in shares of MAA's common stock or paid to them as cash at the market value of MAA's common stock as of the end of the year the director ceases to serve on the board. For the years ended December 31, 2019, 2018 and 2017, directors deferred 10,738 shares, 12,240 shares and 12,293 shares of common stock, respectively, with weighted-average grant date fair values of $117.73, $92.63 and $101.34, respectively, into the Directors Deferred Compensation Plan. The shares of common stock held in the Directors Deferred Compensation Plan are classified outside of permanent equity in redeemable stock with changes in redemption amount recorded immediately to retained earnings because the directors have redemption rights not solely within the control of MAA. Additionally, any shares that become mandatorily redeemable because a departed director has elected to receive a cash payout are recorded as a liability. MAA did not record a liability related to mandatorily redeemable shares for the years ended December 31, 2019, 2018 and 2017. Employee Stock Ownership Plan MAA’s Employee Stock Ownership Plan, or ESOP, is a non-contributory stock bonus plan that satisfies the requirements of Section 401(a) of the Code. On December 31, 2010, the ESOP was frozen by amendment, whereby effective January 1, 2011, no additional employees became eligible for the plan, no additional contributions were made to the ESOP, and all Participants with an account balance under the ESOP became 100% vested. The Company did not contribute to the ESOP during 2019, 2018 or 2017. As of December 31, 2019, there were 131,165

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2019
Loss Contingency [Abstract]
Commitments and Contingencies	11 . Commitments and Contingencies Leases The Company's leases include a ground lease expiring in 2074 related to one of its apartment communities and an office lease expiring in 2028 related to its corporate headquarters. Both leases contain stated rent increases that generally compensate for the impact of inflation. The Company also has other commitments related to immaterial office and equipment operating leases. The table below reconciles undiscounted cash flows for each of the first five years and total of the remaining years to the operating lease obligations recorded on the Consolidated Balance Sheets as of December 31, 2019 (in thousands): Operating Leases 2020 $ 2,825 2021 2,854 2022 2,885 2023 2,875 2024 2,853 Thereafter 65,863 Total minimum lease payments 80,155 Net present value adjustments (47,036 ) Operating lease obligations $ 33,119 Legal Proceedings In June 2016, plaintiffs Cathi Cleven and Tara Cleven, on behalf of a purported class of plaintiffs, filed a complaint against MAA and the Operating Partnership in the United States District Court for the Western District of Texas, Austin Division. In January 2017, Areli Arellano and Joe L. Martinez joined the lawsuit as additional plaintiffs. The lawsuit alleges that the Company (but not Post Properties (see the description of the Brown class action lawsuit below)) charged late fees at its Texas properties that violate Section 92.019 of the Texas Property Code, or Section 92.019, which provides that a landlord may not charge a tenant a late fee for failing to pay rent unless, among other things, the fee is a reasonable estimate of uncertain damages to the landlord that are incapable of precise calculation and result from the late payment of rent. The plaintiffs are seeking monetary damages and attorneys' fees and costs. In September 2018, the District Court certified a class proposed by the plaintiffs. Additionally, in September 2018, the District Court denied the Company’s motion for summary judgment and granted the plaintiffs’ motion for partial summary judgment. Because the District Court certified a class prior to granting the plaintiffs’ motion for partial summary judgment, the District Court’s ruling applies to the entire class. In October 2018, the Fifth Circuit Court of Appeals accepted the Company’s petition to review the District Court’s order granting class certification. In September 2019, the Fifth Circuit Court of Appeals heard the Company’s oral arguments. The Company also intends to appeal the District Court’s order granting plaintiff's motion for summary judgment to the Fifth Circuit Court of Appeals if permission to appeal is granted. The Company will continue to vigorously defend the action and pursue such appeals. Management estimates that the Company's maximum exposure in the lawsuit, given the class certification and summary judgment ruling, is $54.6 million , which includes both potential damages and attorneys' fees but excludes any prejudgment interest that may be awarded. In April 2017, plaintiff Nathaniel Brown, on behalf of a purported class of plaintiffs, filed a complaint against the Operating Partnership, as the successor by merger to Post Properties' primary operating partnership, and MAA in the United States District Court for the Western District of Texas, Austin Division. The lawsuit alleges that Post Properties (and, following the Post Properties merger in December 2016, the Operating Partnership) charged late fees at its Texas properties that violate Section 92.019. The plaintiffs are seeking monetary damages and attorney's fees and costs. In September 2018, the District Court certified a class proposed by the plaintiff. Additionally, in September 2018, the District Court denied the Company’s motion for summary judgment and granted the plaintiff’s motion for partial summary judgment. Because the District Court certified a class prior to granting the plaintiff’s motion for partial summary judgment, the District Court’s ruling applies to the entire class. In October 2018, the Fifth Circuit Court of Appeals accepted the Company's petition to review the District Court's order granting class certification. In September 2019, the Fifth Circuit Court of Appeals heard the Company’s oral arguments. The Company is subject to various other legal proceedings and claims that arise in the ordinary course of its business operations. Matters which arise out of allegations of bodily injury, property damage and employment practices are generally covered by insurance. While the resolution of these other matters cannot be predicted with certainty, management does not currently believe that such matters, either individually or in the aggregate, will have a material adverse effect on the Company's financial condition, results of operations or cash flows in the event of a negative outcome. Loss Contingencies The outcomes of claims, disputes and legal proceedings are subject to significant uncertainty. The Company records an accrual for loss contingencies when a loss is probable and the amount of the loss can be reasonably estimated. The Company also accrues an estimate of defense costs expected to be incurred in connection with legal matters. Management reviews these accruals quarterly and makes revisions based on changes in facts and circumstances. When a loss contingency is not both probable and reasonably estimable, management does not accrue the loss. However, if the loss (or an additional loss in excess of the accrual) is at least a reasonable possibility and material, then management discloses a reasonable estimate of the possible loss, or range of loss, if such reasonable estimate can be made. If the Company cannot make a reasonable estimate of the possible loss, or range of loss, then a statement to that effect is disclosed. The assessment of whether a loss is probable or a reasonable possibility, and whether the loss or range of loss is reasonably estimable, often involves a series of complex judgments about future events. Among the factors considered in this assessment, are the nature of existing legal proceedings and claims, the asserted or possible damages or loss contingency (if reasonably estimable), the progress of the matter, existing law and precedent, the opinions or views of legal counsel and other advisers, management's experience in similar matters, the facts available to management at the time of assessment, and how the Company intends to respond, or has responded, to the proceeding or claim. Management's assessment of these factors may change over time as individual proceedings or claims progress. For matters where management is not currently able to reasonably estimate a range of reasonably possible loss, the factors that have contributed to this determination include the following: (i) the damages sought are indeterminate; (ii) the proceedings are in the early stages; (iii) the matters involve novel or unsettled legal theories or a large or uncertain number of actual or potential cases or parties; and/or (iv) discussions with the parties in matters that are ultimately expected to be resolved through negotiation and settlement have not reached the point where management believes a reasonable estimate of loss, or range of loss, can be made. The Company believes that there is considerable uncertainty regarding the timing or ultimate resolution of such matters, including a possible eventual loss or business impact, if any. As of December 31, 2019 and December 31, 2018, the Company's accrual for loss contingencies relating to unresolved legal matters was $8.6 million and $8.7 million in the aggregate, respectively. The loss contingencies are presented in “Accrued expenses and other liabilities ” in the accompanying Consolidated Balance Sheets .

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2019
Related Party Transactions [Abstract]
Related Party Transactions	1 2 . Related Party Transactions The Company holds investments in unconsolidated affiliates accounted for under the equity method of accounting. All significant intercompany transactions were eliminated in the accompanying consolidated financial statements. The cash management of the Company is managed by the Operating Partnership. In general, cash receipts are remitted to the Operating Partnership and all cash disbursements are funded by the Operating Partnership. As a result of these transactions, the Operating Partnership had a payable to MAA, its general partner, of $19,000 as of December 31, 2019 and December 31, 2018, respectively. The Partnership Agreement does not require the due to/due from balance to be settled in cash until liquidation of the Operating Partnership, and therefore, there is no regular settlement schedule for such amounts.

Segment Information

Segment Information	12 Months Ended
	Dec. 31, 2019
Notes To Financial Statements [Abstract]
Segment Information	13 . Segment Information As of December 31, 2019, the Company owned and operated 299 multifamily apartment communities in 16 different states from which it derived all significant sources of earnings and operating cash flows. The Company views each consolidated apartment community as an operating segment. The Company's chief operating decision maker, which is the Company’s Chief Executive Officer, evaluates performance and determines resource allocations of each of the apartment communities on a Same Store and Non-Same Store and Other basis, as well as an individual apartment community basis. This is consistent with the aggregation criteria under GAAP as each of the apartment communities generally has similar economic characteristics, facilities, services, and tenants. The following reflects the two reportable segments for the Company: • Same Store communities are communities that the Company has owned and have been stabilized for at least a full 12 months. • Non-Same Store and Other includes recent acquisitions, communities in development or lease-up, communities that have been identified for disposition and communities that have incurred a significant casualty loss. Also included in Non-Same Store and Other are non-multifamily activities. On the first day of each calendar year, the Company determines the composition of its Same Store and Non-Same Store and Other reportable segments for that year as well as adjusts the previous year, which allows the Company to evaluate full period-over-period operating comparisons. Properties in development or lease-up are added to the Same Store portfolio on the first day of the calendar year after a community has been owned and stabilized for at least a full 12 months. Communities are considered stabilized after achieving 90% occupancy for 90 days. Communities that have been identified for disposition are excluded from the Same Store portfolio. The chief operating decision maker utilizes net operating income, or NOI, in evaluating the performance of its operating segments. Total NOI represents total property revenues less total property operating expenses, excluding depreciation and amortization, for all properties held during the period regardless of their status as held for sale. Management believes that NOI is a helpful tool in evaluating the operating performance of the segments because it measures the core operations of property performance by excluding corporate level expenses and other items not directly related to property operating performance. Revenues and NOI for each reportable segment for the years ended December 31, 2019, 2018 and 2017 were as follows (in thousands): 2019 2018 2017 Revenues: Same Store Rental revenues $ 1,505,775 $ 1,364,744 $ 1,313,836 Reimbursable property revenues (1) — 91,020 88,774 Other property revenues 12,100 11,696 12,229 Total Same Store revenues 1,517,875 1,467,460 1,414,839 Non-Same Store and Other Rental revenues 121,829 99,281 105,865 Reimbursable property revenues (1) — 3,744 5,282 Other property revenues 1,313 861 3,001 Total Non-Same Store and Other revenues 123,142 103,886 114,148 Total rental and other property revenues $ 1,641,017 $ 1,571,346 $ 1,528,987 Net Operating Income: Same Store NOI $ 956,075 $ 921,240 $ 889,176 Non-Same Store and Other NOI 72,097 55,518 63,080 Total NOI 1,028,172 976,758 952,256 Depreciation and amortization (496,843 ) (489,759 ) (493,708 ) Property management expenses (55,011 ) (47,633 ) (43,588 ) General and administrative expenses (46,121 ) (34,786 ) (40,194 ) Merger and integration expenses — (9,112 ) (19,990 ) Interest expense (179,847 ) (173,594 ) (154,751 ) Gain (loss) on sale of depreciable real estate assets 80,988 (39 ) 127,386 Gain on sale of non-depreciable real estate assets 12,047 4,532 21 Other non-operating income 25,275 5,434 14,353 Income tax expense (3,696 ) (2,611 ) (2,619 ) Income from real estate joint venture 1,654 1,832 1,370 Net income attributable to noncontrolling interests (12,807 ) (8,123 ) (12,157 ) Dividends to MAA Series I preferred shareholders (3,688 ) (3,688 ) (3,688 ) Net income available for MAA common shareholders $ 350,123 $ 219,211 $ 324,691 (1) Assets for each reportable segment as of December 31, 2019 and 2018 were as follows (in thousands): December 31, 2019 December 31, 2018 Assets: Same Store $ 9,661,935 $ 9,921,270 Non-Same Store and Other 1,362,974 1,233,351 Corporate assets 205,541 169,160 Total assets $ 11,230,450 $ 11,323,781

Real Estate Acquisitions and Di

Real Estate Acquisitions and Dispositions	12 Months Ended
	Dec. 31, 2019
Real Estate [Abstract]
Real Estate Acquisitions and Dispositions	14 . Real Estate Acquisitions and Dispositions The following table reflects the Company's acquisition activity for the year ended December 31, 2019: Multifamily Acquisitions Market Units Date Acquired The Greene Greenville, SC 271 November 2019 Jefferson Sand Lake (1) Orlando, FL 264 October 2019 Novel Midtown (2) Phoenix, AZ 345 February 2019 Commercial Acquisition Market Sq Ft Date Acquired 220 Riverside Retail (3) Jacksonville, FL 14,941 August 2019 Land Acquisition Market Acres Date Acquired North Orange Avenue – Outparcel Orlando, FL 2 April 2019 (1) This pre-purchase multifamily community development is being developed through a joint venture with a local developer. The Company owns 95% of the joint venture that owns this property. (2) This pre-purchase multifamily community development is being developed through a joint venture with a local developer. The Company owns 80% of the joint venture that owns this property. (3) The Company acquired the ground floor retail portion of one of its existing multifamily apartment communities The following table reflects the Company's disposition activity for the year ended December 31, 2019: Multifamily Dispositions Market Units Date Sold Ridge at Chenal Valley Little Rock, AR 312 October 2019 Calais Forest Little Rock, AR 260 November 2019 Napa Valley Little Rock, AR 240 November 2019 Westside Creek Little Rock, AR 308 November 2019 Palisades at Chenal Valley Little Rock, AR 248 December 2019 Commercial Disposition Market Sq Ft Date Sold Poplar Avenue Office Memphis, TN 42,000 March 2019 Land Dispositions Market Acres Date Sold Peachtree Road – Outparcel Atlanta, GA 1 February 2019 Colonial Promenade – Outparcel Huntsville, AL 4 April 2019 Forty Seven Canal Place – Outparcel Gulf Shores, AL 45 October 2019 Craft Farms – Outparcel Gulf Shores, AL 33 December 2019

Selected Quarterly Financial In

Selected Quarterly Financial Information	12 Months Ended
	Dec. 31, 2019
Limited Partner [Member]
Selected Quarterly Financial Information [Line Items]
Selected Quarterly Financial Information	16 . Selected Quarterly Financial Information of MAALP (Unaudited) The following table reflects MAALP's selected quarterly financial information for the year ended December 31, 2019 (dollars in thousands, except per unit data): Year Ended December 31, 2019 First Second Third Fourth Rental and other property revenues $ 401,178 $ 407,390 $ 415,632 $ 416,817 Net income 65,958 64,141 81,459 155,060 Net income available for MAALP common unitholders 65,036 63,219 80,537 154,002 Per unit: Earnings per common unit - basic $ 0.55 $ 0.53 $ 0.68 $ 1.30 Earnings per common unit - diluted 0.55 0.53 0.68 1.30 The following table reflects MAALP's selected quarterly financial information for the year ended December 31, 2018 (dollars in thousands, except per unit data): Year Ended December 31, 2018 First Second Third Fourth Rental and other property revenues $ 386,017 $ 390,073 $ 397,108 $ 398,148 Net income 50,820 61,981 54,704 63,517 Net income available for MAALP common unitholders 49,898 61,059 53,782 62,595 Per unit: Earnings per common unit - basic $ 0.42 $ 0.52 $ 0.46 $ 0.53 Earnings per common unit - diluted 0.42 0.52 0.46 0.53
Parent Company
Selected Quarterly Financial Information [Line Items]
Selected Quarterly Financial Information	15 . Selected Quarterly Financial Information of MAA (Unaudited) The following table reflects MAA's selected quarterly financial information for the year ended December 31, 2019 (dollars in thousands, except per share data): Year Ended December 31, 2019 First Second Third Fourth Rental and other property revenues $ 401,178 $ 407,390 $ 415,632 $ 416,817 Net income 65,958 64,141 81,459 155,060 Net income available for MAA common shareholders 62,738 60,995 77,723 148,667 Per share: Earnings per common share - basic $ 0.55 $ 0.53 $ 0.68 $ 1.30 Earnings per common share - diluted 0.55 0.53 0.68 1.30 The following table reflects MAA's selected quarterly financial information for the year ended December 31, 201 8 (dollars in thousands, except per share data): Year Ended December 31, 2018 First Second Third Fourth Rental and other property revenues $ 386,017 $ 390,073 $ 397,108 $ 398,148 Net income 50,820 61,981 54,704 63,517 Net income available for MAA common shareholders 48,097 58,885 51,869 60,360 Per share: Earnings per common share - basic $ 0.42 $ 0.52 $ 0.46 $ 0.53 Earnings per common share - diluted 0.42 0.52 0.46 0.53

Schedule III Real Estate and Ac

Schedule III Real Estate and Accumulated Depreciation	12 Months Ended
	Dec. 31, 2019
Real Estate And Accumulated Depreciation Disclosure [Abstract]
Schedule III Real Estate and Accumulated Depreciation	Initial Cost Costs Capitalized Subsequent to Acquisition Gross Amount carried as of December 31, 2019 Property Location Encumbrances Land Buildings and Fixtures Land Buildings and Fixtures Land Buildings and Fixtures Total (4) Accumulated Depreciation (5) Net Date of Construction Date Acquired Birchall at Ross Bridge Birmingham, AL — $ 2,640 $ 28,842 $ — $ 2,141 $ 2,640 $ 30,983 $ 33,623 $ (8,991 ) $ 24,632 2009 2011 Colonial Grand at Riverchase Trails Birmingham, AL — 3,761 22,079 — 4,561 3,761 26,640 30,401 (8,107 ) 22,294 2010 2013 Colonial Village at Trussville Birmingham, AL — 3,402 31,813 — 3,287 3,402 35,100 38,502 (9,866 ) 28,636 1996/97 2013 Eagle Ridge Birmingham, AL — 851 7,667 — 4,736 851 12,403 13,254 (8,302 ) 4,952 1986 1998 Colonial Grand at Traditions Gulf Shores,AL — 3,211 25,162 — 2,875 3,211 28,037 31,248 (8,408 ) 22,840 2007 2013 Colonial Grand at Edgewater Huntsville, AL — 4,943 38,673 — 6,488 4,943 45,161 50,104 (11,276 ) 38,828 1990 2013 Paddock Club at Providence Huntsville, AL — 909 10,152 830 14,583 1,739 24,735 26,474 (15,146 ) 11,328 1993 1997 Colonial Grand at Madison Madison, AL — 3,601 28,934 — 1,849 3,601 30,783 34,384 (8,864 ) 25,520 2000 2013 Cypress Village Orange Beach, AL — 1,290 12,238 — 2,017 1,290 14,255 15,545 (3,746 ) 11,799 2008 2013 Colonial Grand at Liberty Park Vestavia Hills, AL — 3,922 30,977 — 5,946 3,922 36,923 40,845 (10,703 ) 30,142 2000 2013 Edge at Lyon's Gate Phoenix, AZ — 7,901 27,182 — 2,896 7,901 30,078 37,979 (11,872 ) 26,107 2007 2008 Residences at Fountainhead Phoenix, AZ — (3) 12,212 56,705 — 1,132 12,212 57,837 70,049 (6,366 ) 63,683 2015 2016 Sky View Ranch Gilbert, AZ — 2,668 14,577 — 2,509 2,668 17,086 19,754 (6,531 ) 13,223 2007 2009 Talus Ranch Phoenix, AZ — 12,741 47,701 — 4,058 12,741 51,759 64,500 (22,976 ) 41,524 2005 2006 Colonial Grand at Inverness Commons Mesa, AZ — 4,219 26,255 — 2,343 4,219 28,598 32,817 (7,720 ) 25,097 2002 2013 Colonial Grand at Scottsdale Scottsdale, AZ — 3,612 20,273 — 2,490 3,612 22,763 26,375 (6,313 ) 20,062 1999 2013 Colonial Grand at OldTown Scottsdale Scottsdale, AZ — 7,820 51,627 — 5,233 7,820 56,860 64,680 (15,311 ) 49,369 1994/95 2013 SkySong Scottsdale, AZ — — 55,748 — 2,142 — 57,890 57,890 (7,075 ) 50,815 2014 2015 Sync 36 I Denver, CO — 18,887 81,317 134 4,625 19,021 85,942 104,963 (4,201 ) 100,762 2017 2018 Sync 36 II Denver, CO — 5,090 — — 16,726 5,090 16,726 21,816 (228 ) 21,588 2019 2018 Post River North Denver, CO — 14,500 28,900 — 44,149 14,500 73,049 87,549 (5,147 ) 82,402 2018 2016 Tiffany Oaks Altamonte Springs, FL — 1,024 9,219 — 5,726 1,024 14,945 15,969 (10,732 ) 5,237 1985 1996 Indigo Point Brandon, FL — 1,167 10,500 — 4,323 1,167 14,823 15,990 (9,602 ) 6,388 1989 2000 Paddock Club Brandon Brandon, FL — 2,896 26,111 — 6,865 2,896 32,976 35,872 (21,933 ) 13,939 1998 1997 Colonial Grand at Lakewood Ranch Bradenton, FL — 2,980 40,230 — 4,234 2,980 44,464 47,444 (11,937 ) 35,507 1999 2013 The Preserve at Coral Square Coral Springs, FL — 9,600 40,004 — 11,573 9,600 51,577 61,177 (26,530 ) 34,647 1996 2004 Paddock Club Gainesville Gainesville, FL — 1,800 15,879 — 5,121 1,800 21,000 22,800 (10,970 ) 11,830 1999 1998 The Retreat at Magnolia Park Gainesville, FL — 2,040 16,338 — 987 2,040 17,325 19,365 (5,221 ) 14,144 2009 2011 Colonial Grand at Heathrow Heathrow, FL — 4,101 35,684 — 4,053 4,101 39,737 43,838 (11,024 ) 32,814 1997 2013 220 Riverside Jacksonville, FL — 2,381 35,514 — 7,722 2,381 43,236 45,617 (4,666 ) 40,951 2015 2012 Atlantic Crossing Jacksonville, FL — 4,000 19,495 — 1,941 4,000 21,436 25,436 (6,580 ) 18,856 2008 2011 Cooper's Hawk Jacksonville, FL — 854 7,500 — 3,923 854 11,423 12,277 (8,666 ) 3,611 1987 1995 Hunter's Ridge at Deerwood Jacksonville, FL — 1,533 13,835 — 5,620 1,533 19,455 20,988 (13,462 ) 7,526 1987 1997 Lakeside Jacksonville, FL — 1,430 12,883 — 8,825 1,430 21,708 23,138 (16,048 ) 7,090 1985 1996 Lighthouse at Fleming Island Jacksonville, FL — 4,047 35,052 — 5,714 4,047 40,766 44,813 (22,455 ) 22,358 2003 2003 Paddock Club Mandarin Jacksonville, FL — 1,411 14,967 — 3,220 1,411 18,187 19,598 (9,988 ) 9,610 1998 1998 St. Augustine Jacksonville, FL — 2,857 6,475 — 19,663 2,857 26,138 28,995 (13,342 ) 15,653 1987/ 2008 1995 Tattersall at Tapestry Park Jacksonville, FL — 6,417 36,069 — 1,521 6,417 37,590 44,007 (11,060 ) 32,947 2009 2011 Woodhollow Jacksonville, FL — 1,686 15,179 (8 ) 9,418 1,678 24,597 26,275 (17,793 ) 8,482 1986 1997 Colonial Grand at Town Park Lake Mary, FL — 5,742 56,562 — 5,605 5,742 62,167 67,909 (17,694 ) 50,215 2005 2013 Colonial Grand at Town Park Reserve Lake Mary, FL — 3,481 10,311 — 438 3,481 10,749 14,230 (3,150 ) 11,080 2004 2013 Colonial Grand at Lake Mary Lake Mary, FL — (1) 6,346 41,539 — 23,620 6,346 65,159 71,505 (14,085 ) 57,420 2012 2013 Colonial Grand at Randal Lakes Orlando, FL — 5,659 50,553 — 11,136 5,659 61,689 67,348 (9,287 ) 58,061 2013 2013 Colonial Grand at Randal Lakes II Orlando, FL — 3,200 — — 36,854 3,200 36,854 40,054 (2,837 ) 37,217 2013 2013 Retreat at Lake Nona Orlando, FL — 7,880 41,175 — 5,617 7,880 46,792 54,672 (12,331 ) 42,341 2006 2012 Colonial Grand at Heather Glen Orlando, FL — 4,662 56,988 — 6,482 4,662 63,470 68,132 (16,941 ) 51,191 2000 2013 Post Lake at Baldwin Park Orlando, FL — 18,101 144,200 — 2,728 18,101 146,928 165,029 (18,240 ) 146,789 2011 2016 Post Lakeside Orlando, FL — 7,046 52,585 — 713 7,046 53,298 60,344 (6,058 ) 54,286 2013 2016 Post Parkside Orlando, FL — 5,669 49,754 — 3,047 5,669 52,801 58,470 (6,651 ) 51,819 1999 2016 Park Crest at Innisbrook Palm Harbor, FL 25,777 6,900 26,613 — 3,568 6,900 30,181 37,081 (11,639 ) 25,442 2000 2009 The Club at Panama Beach Panama City, FL — 898 14,276 (5 ) 4,616 893 18,892 19,785 (10,754 ) 9,031 2000 1998 Colonial Village at Twin Lakes Sanford, FL 22,286 3,091 47,793 — 2,754 3,091 50,547 53,638 (13,761 ) 39,877 2005 2013 Paddock Club Tallahassee Tallahassee, FL — 530 4,805 950 14,765 1,480 19,570 21,050 (13,777 ) 7,273 1992 1997 Verandas at Southwood Tallahassee, FL — 3,600 25,914 — 1,361 3,600 27,275 30,875 (5,341 ) 25,534 2003 2011 Belmere Tampa, FL — 852 7,667 — 7,442 852 15,109 15,961 (10,861 ) 5,100 1984 1994 Links at Carrollwood Tampa, FL — 817 7,355 110 5,896 927 13,251 14,178 (8,978 ) 5,200 1980 1998 Post Bay at Rocky Point Tampa, FL — 4,541 28,381 — 1,542 4,541 29,923 34,464 (3,648 ) 30,816 1997 2016 Post Harbour Place Tampa, FL — 16,296 116,193 — 8,145 16,296 124,338 140,634 (15,944 ) 124,690 1997 2016 Post Hyde Park Tampa, FL — 16,891 95,259 — 5,245 16,891 100,504 117,395 (12,853 ) 104,542 1994 2016 Post Rocky Point Tampa, FL — 35,260 153,102 — 11,659 35,260 164,761 200,021 (20,256 ) 179,765 1994-1996 2016 Post Soho Square Tampa, FL — (3) 5,190 56,296 — 418 5,190 56,714 61,904 (6,384 ) 55,520 2012 2016 Village Oaks Tampa, FL — 2,738 19,055 153 2,927 2,891 21,982 24,873 (8,554 ) 16,319 2005 2008 Colonial Grand at Hampton Preserve Tampa, FL — 6,233 69,535 — 1,852 6,233 71,387 77,620 (18,041 ) 59,579 2012 2013 Colonial Grand at Seven Oaks Wesley Chapel, FL — 3,051 42,768 — 2,918 3,051 45,686 48,737 (11,929 ) 36,808 2004 2013 Colonial Grand at Windermere Windermere, FL — (3) 2,711 36,710 — 1,522 2,711 38,232 40,943 (9,579 ) 31,364 2009 2013 Allure at Brookwood Atlanta, GA — (1) 11,168 52,758 — 5,295 11,168 58,053 69,221 (15,536 ) 53,685 2008 2012 Allure in Buckhead Village Atlanta, GA — 8,633 19,844 — 7,324 8,633 27,168 35,801 (8,418 ) 27,383 2002 2012 The High Rise at Post Alexander Atlanta, GA — 8,435 92,294 — 151 8,435 92,445 100,880 (15,186 ) 85,694 2015 2016 Initial Cost Costs Capitalized Subsequent to Acquisition Gross Amount carried as of December 31, 2019 ----------------- ---------------------- Property Location Encumbrances Land Buildings and Fixtures Land Buildings and Fixtures Land Buildings and Fixtures Total (4) Accumulated Depreciation (5) Net Date of Construction Date Acquired Post Alexander Atlanta, GA — 15,440 73,278 — 2,280 15,440 75,558 90,998 (7,470 ) 83,528 2006 2016 Post Briarcliff Atlanta, GA — 24,645 114,921 — 4,138 24,645 119,059 143,704 (14,258 ) 129,446 1996 2016 Post Brookhaven Atlanta, GA — 29,048 106,463 — 7,939 29,048 114,402 143,450 (14,588 ) 128,862 1989/92 2016 Post Chastain Atlanta, GA — 30,223 82,964 — 2,332 30,223 85,296 115,519 (10,162 ) 105,357 1990 2016 Post Crossing Atlanta, GA — 15,799 48,054 — 3,238 15,799 51,292 67,091 (6,284 ) 60,807 1995 2016 Post Gardens Atlanta, GA — 17,907 56,093 — 3,416 17,907 59,509 77,416 (7,713 ) 69,703 1996 2016 Post Glen Atlanta, GA — 13,878 51,079 — 4,328 13,878 55,407 69,285 (6,734 ) 62,551 1996 2016 Post Midtown Atlanta, GA — 7,000 44,000 — 40,268 7,000 84,268 91,268 (5,611 ) 85,657 2017 2016 Post Parkside Atlanta, GA — 11,025 34,277 — 1,491 11,025 35,768 46,793 (4,114 ) 42,679 1999 2016 Post Peachtree Hills Atlanta, GA — 11,974 55,264 — 620 11,974 55,884 67,858 (6,503 ) 61,355 1992-1994/2009 2016 Post Riverside Atlanta, GA — 23,765 89,369 — 6,527 23,765 95,896 119,661 (12,894 ) 106,767 1996 2016 Post Spring Atlanta, GA — 18,596 57,819 — 4,519 18,596 62,338 80,934 (8,099 ) 72,835 1999 2016 Post Stratford Atlanta, GA — — 30,051 — 2,800 — 32,851 32,851 (4,328 ) 28,523 1999 2016 Sanctuary at Oglethorpe Atlanta, GA — 6,875 31,441 — 6,949 6,875 38,390 45,265 (14,173 ) 31,092 1994 2008 Post Centennial Park Atlanta, GA — 13,650 10,950 — 61,577 13,650 72,527 86,177 (3,643 ) 82,534 2018 2016 Prescott Duluth, GA — (2) 3,840 24,011 — 4,769 3,840 28,780 32,620 (14,796 ) 17,824 2001 2004 Colonial Grand at Berkeley Lake Duluth, GA — 1,960 15,707 — 2,400 1,960 18,107 20,067 (5,875 ) 14,192 1998 2013 Colonial Grand at River Oaks Duluth, GA — 4,360 13,579 — 2,626 4,360 16,205 20,565 (6,296 ) 14,269 1992 2013 Colonial Grand at River Plantation Duluth, GA — 2,059 19,158 — 2,763 2,059 21,921 23,980 (6,877 ) 17,103 1994 2013 Colonial Grand at McDaniel Farm Duluth, GA — 3,985 32,206 — 4,638 3,985 36,844 40,829 (11,637 ) 29,192 1997 2013 Colonial Grand at Pleasant Hill Duluth, GA — 6,753 32,202 — 5,299 6,753 37,501 44,254 (11,240 ) 33,014 1996 2013 Colonial Grand at Mount Vernon Dunwoody, GA — 6,861 23,748 — 3,794 6,861 27,542 34,403 (7,438 ) 26,965 1997 2013 Lake Lanier Club Gainesville, GA — (2) 6,710 40,994 — 9,326 6,710 50,320 57,030 (25,292 ) 31,738 1998/2001 2005 Colonial Grand at Shiloh Kennesaw, GA — 4,864 45,893 — 5,182 4,864 51,075 55,939 (14,614 ) 41,325 2002 2013 Millstead Village LaGrange, GA — 3,100 29,240 — 1,932 3,100 31,172 34,272 (7,789 ) 26,483 1998 2008 Colonial Grand at Barrett Creek Marietta, GA — 5,661 26,186 — 3,255 5,661 29,441 35,102 (9,620 ) 25,482 1999 2013 Colonial Grand at Godley Station Pooler, GA 7,842 1,800 35,454 — 3,866 1,800 39,320 41,120 (10,375 ) 30,745 2001 2013 Colonial Grand at Godley Lake Pooler, GA — 1,750 30,893 — 1,459 1,750 32,352 34,102 (8,818 ) 25,284 2008 2013 Avala at Savannah Quarters Savannah, GA — 1,500 24,862 — 2,183 1,500 27,045 28,545 (8,001 ) 20,544 2009 2011 Georgetown Grove Savannah, GA — 1,288 11,579 — 3,695 1,288 15,274 16,562 (10,571 ) 5,991 1997 1998 Colonial Grand at Hammocks Savannah, GA — 2,441 36,863 — 4,772 2,441 41,635 44,076 (11,130 ) 32,946 1997 2013 Colonial Village at Greentree Savannah, GA — 1,710 10,494 — 2,030 1,710 12,524 14,234 (4,088 ) 10,146 1984 2013 Colonial Village at Huntington Savannah, GA — 2,521 8,223 — 1,633 2,521 9,856 12,377 (2,860 ) 9,517 1986 2013 Colonial Village at Marsh Cove Savannah, GA — 5,231 8,555 — 1,675 5,231 10,230 15,461 (3,428 ) 12,033 1983 2013 Oaks at Wilmington Island Savannah, GA — 2,910 25,315 (46 ) 4,968 2,864 30,283 33,147 (13,747 ) 19,400 1999 2006 Highlands of West Village Smyrna, GA — 14,410 73,733 — 7,605 14,410 81,338 95,748 (15,459 ) 80,289 2006/12 2014 Haven at Prairie Trace Overland Park, KS — 3,500 40,614 — 1,421 3,500 42,035 45,535 (5,063 ) 40,472 2015 2015 Grand Reserve at Pinnacle Lexington, KY — 2,024 31,525 — 6,570 2,024 38,095 40,119 (19,649 ) 20,470 2000 1998 Lakepointe Lexington, KY — 411 3,699 — 2,790 411 6,489 6,900 (4,872 ) 2,028 1986 1994 The Mansion Lexington, KY — 694 6,242 — 3,931 694 10,173 10,867 (7,692 ) 3,175 1989 1994 The Village Lexington, KY — 900 8,097 — 4,862 900 12,959 13,859 (9,861 ) 3,998 1989 1994 Stonemill Village Louisville, KY — 1,169 10,518 — 10,063 1,169 20,581 21,750 (15,189 ) 6,561 1985 1994 Crosswinds Jackson, MS — 1,535 13,826 — 6,428 1,535 20,254 21,789 (14,410 ) 7,379 1989 1996 Pear Orchard Jackson, MS — 1,351 12,168 — 8,874 1,351 21,042 22,393 (15,921 ) 6,472 1985 1994 Reflection Pointe Jackson, MS — 710 8,770 138 8,868 848 17,638 18,486 (12,826 ) 5,660 1986 1988 Lakeshore Landing Ridgeland, MS — 676 6,284 — 3,968 676 10,252 10,928 (5,503 ) 5,425 1974 1994 Market Station Kansas City, MO — 5,814 46,241 — 2,575 5,814 48,816 54,630 (12,251 ) 42,379 2010 2012 The Denton Kansas City, MO — 750 8,795 — 809 750 9,604 10,354 (1,019 ) 9,335 2014 2015 The Denton II Kansas City, MO — 770 — — 24,397 770 24,397 25,167 (1,289 ) 23,878 2017 2015 The Denton III Kansas City, MO — 4,000 42,144 — 1,907 4,000 44,051 48,051 (5,775 ) 42,276 2013/14 2015 Colonial Grand at Desert Vista North Las Vegas, NV — 4,091 29,826 — 2,113 4,091 31,939 36,030 (8,840 ) 27,190 2009 2013 Colonial Grand at Palm Vista North Las Vegas, NV — 4,909 25,643 — 3,518 4,909 29,161 34,070 (8,533 ) 25,537 2007 2013 Colonial Village at Beaver Creek Apex, NC — 7,491 34,863 — 2,589 7,491 37,452 44,943 (9,809 ) 35,134 2007 2013 Hermitage at Beechtree Cary, NC — 900 8,099 — 5,267 900 13,366 14,266 (9,113 ) 5,153 1988 1997 Waterford Forest Cary, NC — (2) 4,000 20,250 — 4,131 4,000 24,381 28,381 (12,221 ) 16,160 1996 2005 1225 South Church I Charlotte, NC — 9,612 22,342 — 28,834 9,612 51,176 60,788 (10,860 ) 49,928 2010 2010 Colonial Grand at Ayrsley Charlotte, NC — 2,481 52,119 — 14,683 2,481 66,802 69,283 (16,143 ) 53,140 2008 2013 Colonial Grand at Beverly Crest Charlotte, NC — 3,161 24,004 — 3,305 3,161 27,309 30,470 (7,335 ) 23,135 1996 2013 Colonial Grand at Legacy Park Charlotte, NC — 2,891 28,272 — 2,861 2,891 31,133 34,024 (8,502 ) 25,522 2001 2013 Colonial Grand at Mallard Creek Charlotte, NC — 4,591 27,713 — 2,293 4,591 30,006 34,597 (8,302 ) 26,295 2005 2013 Colonial Grand at Mallard Lake Charlotte, NC — 3,250 31,389 — 4,623 3,250 36,012 39,262 (10,139 ) 29,123 1998 2013 Colonial Grand at University Center Charlotte, NC — 1,620 17,499 — 975 1,620 18,474 20,094 (4,753 ) 15,341 2005 2013 Colonial Reserve at South End Charlotte, NC — 4,628 44,282 — 12,031 4,628 56,313 60,941 (8,234 ) 52,707 2013 2013 Colonial Village at Chancellor Park Charlotte, NC — 5,311 28,016 — 4,688 5,311 32,704 38,015 (8,916 ) 29,099 1999 2013 Colonial Village at South Tryon Charlotte, NC — 2,260 19,489 — 2,330 2,260 21,819 24,079 (5,977 ) 18,102 2002 2013 Colonial Village at Timber Crest Charlotte, NC — 2,901 17,192 — 2,870 2,901 20,062 22,963 (5,219 ) 17,744 2000 2013 Enclave Charlotte, NC — 1,461 18,984 — 1,439 1,461 20,423 21,884 (4,800 ) 17,084 2008 2013 Post Ballantyne Charlotte, NC — 16,216 44,817 — 2,698 16,216 47,515 63,731 (5,770 ) 57,961 2004 2016 Post Gateway Place Charlotte, NC — 17,528 57,444 — 4,397 17,528 61,841 79,369 (8,021 ) 71,348 2000 2016 Post Park at Phillips Place Charlotte, NC — 20,869 65,517 — 4,950 20,869 70,467 91,336 (8,729 ) 82,607 1996 2016 Post South End Charlotte, NC — 18,835 58,795 — 2,136 18,835 60,931 79,766 (6,803 ) 72,963 2009 2016 Post Uptown Place Charlotte, NC — 10,888 30,078 — 2,196 10,888 32,274 43,162 (4,034 ) 39,128 2000 2016 Colonial Grand at Cornelius Cornelius, NC — 4,571 29,151 — 1,749 4,571 30,900 35,471 (8,758 ) 26,713 2009 2013 Colonial Grand at Patterson Place Durham, NC — 2,590 27,126 — 3,459 2,590 30,585 33,175 (8,218 ) 24,957 1997 2013 Colonial Village at Deerfield Durham, NC — 3,271 15,609 — 1,692 3,271 17,301 20,572 (5,556 ) 15,016 1985 2013 Colonial Grand at Research Park Durham, NC — 4,201 37,682 — 3,420 4,201 41,102 45,303 (11,279 ) 34,024 2002 2013 Initial Cost Costs Capitalized Subsequent to Acquisition Gross Amount carried as of December 31, 2019 Property Location Encumbrances Land Buildings and Fixtures Land Buildings and Fixtures Land Buildings and Fixtures Total (4) Accumulated Depreciation (5) Net Date of Construction Date Acquired Colonial Grand at Huntersville Huntersville, NC — 4,251 31,948 — 3,139 4,251 35,087 39,338 (9,644 ) 29,694 2008 2013 Colonial Village at Matthews Matthews, NC — 3,071 21,830 — 5,249 3,071 27,079 30,150 (8,434 ) 21,716 2008 2013 Colonial Grand at Matthews Commons Matthews, NC — 3,690 28,536 — 2,357 3,690 30,893 34,583 (8,470 ) 26,113 2008 2013 Colonial Grand at Arringdon Morrisville, NC — 6,401 31,134 — 3,734 6,401 34,868 41,269 (9,465 ) 31,804 2003 2013 Colonial Grand at Brier Creek Raleigh, NC — 7,372 50,202 — 2,589 7,372 52,791 60,163 (13,800 ) 46,363 2010 2013 Colonial Grand at Brier Falls Raleigh, NC — 6,572 48,910 — 2,375 6,572 51,285 57,857 (13,103 ) 44,754 2008 2013 Colonial Grand at Crabtree Valley Raleigh, NC — 2,241 18,434 — 2,078 2,241 20,512 22,753 (5,207 ) 17,546 1997 2013 Hue Raleigh, NC — 3,690 29,910 — 2,635 3,690 32,545 36,235 (8,522 ) 27,713 2009 2010 Colonial Grand at Trinity Commons Raleigh, NC — 5,232 45,138 — 4,133 5,232 49,271 54,503 (13,833 ) 40,670 2000/02 2013 Post Parkside at Wade Raleigh, NC — 7,196 51,972 — 1,212 7,196 53,184 60,380 (6,259 ) 54,121 2011 2016 Post Parkside at Wade II Raleigh, NC — 9,450 46,316 587 1,636 10,037 47,952 57,989 (8,923 ) 49,066 2017 2016 Post Parkside at Wade III Raleigh, NC — 2,200 — — 21,523 2,200 21,523 23,723 (283 ) 23,440 2019 2016 Preserve at Brier Creek Raleigh, NC — 5,850 21,980 (19 ) 25,997 5,831 47,977 53,808 (19,476 ) 34,332 2004 2006 Providence at Brier Creek Raleigh, NC — 4,695 29,007 — 2,211 4,695 31,218 35,913 (12,347 ) 23,566 2007 2008 Tanglewood Anderson, SC — 427 3,853 — 3,065 427 6,918 7,345 (5,518 ) 1,827 1980 1994 Colonial Grand at Cypress Cove Charleston, SC — 3,610 28,645 — 2,475 3,610 31,120 34,730 (8,683 ) 26,047 2001 2013 Colonial Village at Hampton Pointe Charleston, SC — 3,971 22,790 — 6,112 3,971 28,902 32,873 (7,846 ) 25,027 1986 2013 Colonial Grand at Quarterdeck Charleston, SC — 920 24,097 — 6,135 920 30,232 31,152 (8,238 ) 22,914 1987 2013 Colonial Village at Westchase Charleston, SC — 4,571 20,091 — 4,373 4,571 24,464 29,035 (7,483 ) 21,552 1985 2013 River's Walk Charleston, SC — 8,831 39,430 — 1,847 8,831 41,277 50,108 (5,699 ) 44,409 2013/16 2013 1201 Midtown Charleston, SC — 11,929 57,885 — 677 11,929 58,562 70,491 (5,346 ) 65,145 2015 2016 1201 Midtown II Charleston, SC — 6,750 5,874 — 16,021 6,750 21,895 28,645 (826 ) 27,819 2018 2016 The Fairways Columbia, SC — 910 8,207 — 3,446 910 11,653 12,563 (8,994 ) 3,569 1992 1994 Paddock Club Columbia Columbia, SC — 1,840 16,560 — 5,450 1,840 22,010 23,850 (15,348 ) 8,502 1991 1997 Colonial Village at Windsor Place Goose Creek, SC — 1,321 14,163 — 3,343 1,321 17,506 18,827 (5,448 ) 13,379 1985 2013 Highland Ridge Greenville, SC — 482 4,337 — 2,982 482 7,319 7,801 (5,037 ) 2,764 1984 1995 Howell Commons Greenville, SC — 1,304 11,740 — 4,126 1,304 15,866 17,170 (11,380 ) 5,790 1987 1997 Paddock Club Greenville Greenville, SC — 1,200 10,800 — 2,677 1,200 13,477 14,677 (9,306 ) 5,371 1996 1997 Park Haywood Greenville, SC — 325 2,925 35 4,816 360 7,741 8,101 (5,797 ) 2,304 1983 1993 Spring Creek Greenville, SC — 597 5,374 (14 ) 3,031 583 8,405 8,988 (6,216 ) 2,772 1985 1995 Innovation Apartment Homes Greenville, SC — 4,437 52,026 — 1,546 4,437 53,572 58,009 (6,098 ) 51,911 2015 2016 The Greene Greenville, SC — 5,420 66,546 7 103 5,427 66,649 72,076 (158 ) 71,918 2019 2019 Runaway Bay Mt. Pleasant, SC — 1,085 7,269 12 6,840 1,097 14,109 15,206 (9,997 ) 5,209 1988 1995 Colonial Grand at Commerce Park North Charleston, SC — 2,780 33,966 — 2,840 2,780 36,806 39,586 (9,678 ) 29,908 2008 2013 535 Brookwood Simpsonville, SC 11,690 1,216 18,666 — 1,775 1,216 20,441 21,657 (6,856 ) 14,801 2008 2010 Park Place Spartanburg, SC — 723 6,504 — 3,161 723 9,665 10,388 (6,966 ) 3,422 1987 1997 Farmington Village Summerville, SC — 2,800 26,295 — 2,613 2,800 28,908 31,708 (12,090 ) 19,618 2007 2007 Colonial Village at Waters Edge Summerville, SC — 2,103 9,187 — 4,217 2,103 13,404 15,507 (4,789 ) 10,718 1985 2013 Hamilton Pointe Chattanooga, TN — 1,131 10,632 — 4,722 1,131 15,354 16,485 (8,518 ) 7,967 1989 1992 Hidden Creek Chattanooga, TN — 972 8,954 — 6,360 972 15,314 16,286 (7,235 ) 9,051 1987 1988 Steeplechase Chattanooga, TN — 217 1,957 — 3,513 217 5,470 5,687 (3,822 ) 1,865 1986 1991 Windridge Chattanooga, TN — 817 7,416 — 4,558 817 11,974 12,791 (8,409 ) 4,382 1984 1997 Kirby Station Memphis, TN — 1,148 10,337 — 10,656 1,148 20,993 22,141 (14,910 ) 7,231 1978 1994 Lincoln on the Green Memphis, TN — 1,498 20,483 — 17,155 1,498 37,638 39,136 (27,288 ) 11,848 1992 1994 Park Estate Memphis, TN — 178 1,141 — 4,099 178 5,240 5,418 (3,950 ) 1,468 1974 1977 Reserve at Dexter Lake Memphis, TN — 1,260 16,043 2,147 42,810 3,407 58,853 62,260 (28,908 ) 33,352 2000 1998 Paddock Club Murfreesboro Murfreesboro, TN — 915 14,774 — 3,776 915 18,550 19,465 (10,187 ) 9,278 1999 1998 Acklen West End Nashville, TN — 12,761 58,906 — 1,061 12,761 59,967 72,728 (4,369 ) 68,359 2015 2017 Aventura at Indian Lake Village Nashville, TN — 4,950 28,053 — 2,146 4,950 30,199 35,149 (8,800 ) 26,349 2010 2011 Avondale at Kennesaw Nashville, TN 16,110 3,456 22,443 — 3,384 3,456 25,827 29,283 (8,530 ) 20,753 2008 2010 Brentwood Downs Nashville, TN — 1,193 10,739 (2 ) 8,918 1,191 19,657 20,848 (12,910 ) 7,938 1986 1994 Charlotte at Midtown Nashville, TN — 7,898 54,480 — 1,046 7,898 55,526 63,424 (4,452 ) 58,972 2016 2017 Colonial Grand at Bellevue Nashville, TN 19,654 17,278 64,196 (2 ) 4,799 17,276 68,995 86,271 (14,544 ) 71,727 1996 / 2015 2013 Grand View Nashville Nashville, TN — 2,963 33,673 — 8,767 2,963 42,440 45,403 (21,265 ) 24,138 2001 1998 Monthaven Park Nashville, TN — 2,736 28,902 — 6,143 2,736 35,045 37,781 (18,873 ) 18,908 2000 2004 Park at Hermitage Nashville, TN — 1,524 14,800 — 9,496 1,524 24,296 25,820 (18,141 ) 7,679 1987 1995 Venue at Cool Springs Nashville, TN — 6,670 — — 52,305 6,670 52,305 58,975 (10,230 ) 48,745 2012 2010 Verandas at Sam Ridley Nashville, TN 19,828 3,350 28,308 — 3,048 3,350 31,356 34,706 (10,201 ) 24,505 2009 2010 Balcones Woods Austin, TX — 1,598 14,398 — 10,035 1,598 24,433 26,031 (17,071 ) 8,960 1983 1997 Colonial Grand at Canyon Creek Austin, TX — 3,621 32,137 — 1,965 3,621 34,102 37,723 (9,409 ) 28,314 2008 2013 Colonial Grand at Canyon Ranch Austin, TX — 3,778 20,201 — 2,377 3,778 22,578 26,356 (6,907 ) 19,449 2003 2013 Colonial Grand at Double Creek Austin, TX — 3,131 29,375 — 1,050 3,131 30,425 33,556 (8,413 ) 25,143 2013 2013 Colonial Grand at Onion Creek Austin, TX — 4,902 33,010 — 2,277 4,902 35,287 40,189 (9,883 ) 30,306 2009 2013 Grand Reserve at Sunset Valley Austin, TX — 3,150 11,393 — 3,877 3,150 15,270 18,420 (7,842 ) 10,578 1996 2004 Colonial Village at Quarry Oaks Austin, TX — 4,621 34,461 — 6,446 4,621 40,907 45,528 (12,562 ) 32,966 1996 2013 Colonial Grand at Wells Branch Austin, TX — (3) 3,094 32,283 294 1,865 3,388 34,148 37,536 (8,933 ) 28,603 2008 2013 Legacy at Western Oaks Austin, TX — (1) 9,100 49,339 — 1,094 9,100 50,433 59,533 (13,984 ) 45,549 2001 2009 Post Barton Creek Austin, TX — 8,683 21,497 — 1,243 8,683 22,740 31,423 (3,159 ) 28,264 1998 2016 Post Park Mesa Austin, TX — 4,653 19,828 — 949 4,653 20,777 25,430 (2,527 ) 22,903 1992 2016 Post South Lamar Austin, TX — 11,542 41,293 — 2,181 11,542 43,474 55,016 (6,450 ) 48,566 2011 2016 Post South Lamar II Austin, TX — 9,000 32,800 — 20,130 9,000 52,930 61,930 (3,724 ) 58,206 2017 2016 Post West Austin Austin, TX — (3) 7,805 48,843 — 1,423 7,805 50,266 58,071 (7,403 ) 50,668 2009 2016 Silverado Austin, TX — 2,900 24,009 — 4,418 2,900 28,427 31,327 (13,376 ) 17,951 2003 2006 Stassney Woods Austin, TX — 1,621 7,501 — 8,619 1,621 16,120 17,741 (10,746 ) 6,995 1985 1995 Sixty 600 Austin, TX — 2,281 6,169 — 8,290 2,281 14,459 16,740 (9,544 ) 7,196 1987 1995 The Woods on Barton Skyway Austin, TX — 1,405 12,769 — 10,244 1,405 23,013 24,418 (11,343 ) 13,075 1977 1997 Initial Cost Costs Capitalized Subsequent to Acquisition Gross Amount carried as of December 31, 2019 Property Location Encumbrances Land Buildings and Fixtures Land Buildings and Fixtures Land Buildings and Fixtures Total (4) Accumulated Depreciation (5) Net Date of Construction Date Acquired Colonial Village at Shoal Creek Bedford, TX — 4,982 27,377 — 4,024 4,982 31,401 36,383 (9,230 ) 27,153 1996 2013 Colonial Village at Willow Creek Bedford, TX — 3,109 33,488 — 8,223 3,109 41,711 44,820 (12,218 ) 32,602 1996 2013 Colonial Grand at Hebron Carrollton, TX — 4,231 42,237 — 1,512 4,231 43,749 47,980 (10,937 ) 37,043 2011 2013 Colonial Grand at Silverado Cedar Park, TX — 3,282 24,935 — 1,575 3,282 26,510 29,792 (7,245 ) 22,547 2005 2013 Colonial Grand at Silverado Reserve Cedar Park, TX — 3,951 31,705 — 2,256 3,951 33,961 37,912 (9,071 ) 28,841 2005 2013 Grand Cypress Cypress, TX — 3,881 24,267 — 1,537 3,881 25,804 29,685 (5,539 ) 24,146 2008 2013 Courtyards at Campbell Dallas, TX — 988 8,893 — 4,166 988 13,059 14,047 (8,952 ) 5,095 1986 1998 Deer Run Dallas, TX — 1,252 11,271 — 5,053 1,252 16,324 17,576 (11,455 ) 6,121 1985 1998 Grand Courtyard Dallas, TX — 2,730 22,240 — 4,669 2,730 26,909 29,639 (12,285 ) 17,354 2000 2006 Legends at Lowe's Farm Dallas, TX — 5,016 41,091 — 2,844 5,016 43,935 48,951 (13,043 ) 35,908 2008 2011 Colonial Reserve at Medical District Dallas, TX — 4,050 33,779 — 2,540 4,050 36,319 40,369 (8,655 ) 31,714 2007 2013 Post Abbey Dallas, TX — 2,711 4,369 — 282 2,711 4,651 7,362 (588 ) 6,774 1996 2016 Post Addison Circle Dallas, TX — 12,308 189,419 — 11,330 12,308 200,749 213,057 (24,380 ) 188,677 1998-2000 2016 Post Cole's Corner Dallas, TX — 13,030 14,383 — 2,394 13,030 16,777 29,807 (2,354 ) 27,453 1998 2016 Post Eastside Dallas, TX — 7,134 58,095 — 1,213 7,134 59,308 66,442 (7,908 ) 58,534 2008 2016 Post Gallery Dallas, TX — 4,391 7,910 — 894 4,391 8,804 13,195 (1,349 ) 11,846 1999 2016 Post Heights Dallas, TX — 26,245 37,922 — 1,160 26,245 39,082 65,327 (5,198 ) 60,129 1998-1999/2009 2016 Post Katy Trail Dallas, TX — 10,333 32,456 — 819 10,333 33,275 43,608 (3,806 ) 39,802 2010 2016 Post Legacy Dallas, TX — (3) 6,575 55,277 — 3,630 6,575 58,907 65,482 (7,083 ) 58,399 2000 2016 Post Meridian Dallas, TX — 8,780 13,654 — 427 8,780 14,081 22,861 (1,921 ) 20,940 1991 2016 Post Sierra at Frisco Bridges Dallas, TX — 6,777 32,553 — 830 6,777 33,383 40,160 (4,943 ) 35,217 2009 2016 Post Square Dallas, TX — 13,178 24,048 — 2,059 13,178 26,107 39,285 (3,124 ) 36,161 1996 2016 Post Uptown Village Dallas, TX — 34,974 33,213 — 4,541 34,974 37,754 72,728 (5,119 ) 67,609 1995/2000 2016 Post Vineyard Dallas, TX — 7,966 7,471 — 1,040 7,966 8,511 16,477 (1,097 ) 15,380 1996 2016 Post Vintage Dallas, TX — 13,621 8,608 — 1,517 13,621 10,125 23,746 (1,366 ) 22,380 1993 2016 Post Worthington Dallas, TX — 13,713 43,268 — 1,552 13,713 44,820 58,533 (5,426 ) 53,107 1993/2008 2016 Watermark Dallas, TX — (2) 960 14,438 — 3,130 960 17,568 18,528 (9,253 ) 9,275 2002 2004 Colonial Grand at Bear Creek Euless, TX — 6,453 30,048 — 3,199 6,453 33,247 39,700 (10,099 ) 29,601 1998 2013 Colonial Grand at Fairview Fairview, TX — 2,171 35,077 — 1,161 2,171 36,238 38,409 (8,941 ) 29,468 2012 2013 La Valencia at Starwood Frisco, TX — 3,240 26,069 — 1,851 3,240 27,920 31,160 (9,131 ) 22,029 2009 2010 Colonial Reserve at Frisco Bridges Frisco, TX — 1,968 34,018 — 1,642 1,968 35,660 37,628 (8,643 ) 28,985 2013 2013 Colonial Village at Grapevine Grapevine, TX — 2,351 29,757 — 6,465 2,351 36,222 38,573 (10,022 ) 28,551 1985/86 2013 Greenwood Forest Houston, TX — 3,465 23,482 — 1,150 3,465 24,632 28,097 (5,897 ) 22,200 1994 2013 Legacy Pines Houston, TX — (2) 2,157 19,066 (15 ) 4,170 2,142 23,236 25,378 (12,904 ) 12,474 1999 2003 Park Place (Houston) Houston, TX — 2,061 15,830 — 3,264 2,061 19,094 21,155 (8,596 ) 12,559 1996 2007 Post Midtown Square Houston, TX — 19,038 89,570 — 2,602 19,038 92,172 111,210 (11,984 ) 99,226 1999/2013 2016 Post 510 Houston, TX — 7,227 33,366 — 426 7,227 33,792 41,019 (4,713 ) 36,306 2014 2016 Post Afton Oaks Houston, TX — 11,503 65,469 — 3,515 11,503 68,984 80,487 (10,736 ) 69,751 2017 2016 Ranchstone Houston, TX — 1,480 14,807 — 2,941 1,480 17,748 19,228 (7,772 ) 11,456 1996 2007 Reserve at Woodwind Lakes Houston, TX — 1,968 19,928 — 4,199 1,968 24,127 26,095 (11,050 ) 15,045 1999 2006 Retreat at Vintage Park Houston, TX — (3) 8,211 40,352 — 1,092 8,211 41,444 49,655 (5,573 ) 44,082 2014 2014 Yale at 6th Houston, TX — (1) 13,107 62,764 — 1,345 13,107 64,109 77,216 (6,319 ) 70,897 2015 2016 Cascade at Fall Creek Humble, TX — 5,985 40,011 — 3,312 5,985 43,323 49,308 (17,998 ) 31,310 2007 2007 Bella Casita Irving, TX — (2) 2,521 26,432 — 2,560 2,521 28,992 31,513 (9,293 ) 22,220 2007 2010 Remington Hills Irving, TX — 4,390 21,822 — 12,278 4,390 34,100 38,490 (9,256 ) 29,234 1984 2013 Colonial Reserve at Las Colinas Irving, TX — (1) 3,902 40,691 — 1,881 3,902 42,572 46,474 (10,301 ) 36,173 2006 2013 Colonial Grand at Valley Ranch Irving, TX 22,286 5,072 37,397 — 13,157 5,072 50,554 55,626 (14,925 ) 40,701 1997 2013 Colonial Village at Oakbend Lewisville, TX — 5,598 28,616 — 5,009 5,598 33,625 39,223 (9,544 ) 29,679 1997 2013 Times Square at Craig Ranch McKinney, TX — 1,130 28,058 — 4,769 1,130 32,827 33,957 (11,196 ) 22,761 2009 2010 Venue at Stonebridge Ranch McKinney, TX — 4,034 19,528 — 1,741 4,034 21,269 25,303 (4,668 ) 20,635 2000 2013 Cityscape at Market Center Plano, TX — 16,894 110,705 — 2,492 16,894 113,197 130,091 (14,691 ) 115,400 2013/15 2014 Highwood Plano, TX — 864 7,783 — 3,631 864 11,414 12,278 (7,893 ) 4,385 1983 1998 Los Rios Park Plano, TX — 3,273 28,823 — 6,921 3,273 35,744 39,017 (19,360 ) 19,657 2000 2003 Boulder Ridge Roanoke, TX — 3,382 26,930 — 7,025 3,382 33,955 37,337 (16,567 ) 20,770 1999 2005 Copper Ridge Roanoke, TX — 3,336 — — 21,806 3,336 21,806 25,142 (6,506 ) 18,636 2009 2008 Colonial Grand at Ashton Oaks Round Rock, TX — 5,511 36,241 — 2,376 5,511 38,617 44,128 (10,589 ) 33,539 2009 2013 Colonial Grand at Round Rock Round Rock, TX — 4,691 45,379 — 2,738 4,691 48,117 52,808 (12,809 ) 39,999 1997 2013 Colonial Village at Sierra Vista Round Rock, TX — 2,561 16,488 — 3,815 2,561 20,303 22,864 (6,188 ) 16,676 1999 2013 Alamo Ranch San Antonio, TX — 2,380 26,982 — 3,026 2,380 30,008 32,388 (9,674 ) 22,714 2009 2011 Bulverde Oaks San Antonio, TX — 4,257 36,759 — 1,590 4,257 38,349 42,606 (5,411 ) 37,195 2014 2014 Haven at Blanco San Antonio, TX — 5,450 45,958 — 3,419 5,450 49,377 54,827 (13,066 ) 41,761 2010 2012 Stone Ranch at Westover Hills San Antonio, TX — 4,000 24,992 — 2,961 4,000 27,953 31,953 (9,964 ) 21,989 2009 2009 Cypresswood Court Spring, TX — (2) 576 5,190 — 5,165 576 10,355 10,931 (6,378 ) 4,553 1984 1994 Villages at Kirkwood Stafford, TX — 1,918 15,846 — 3,179 1,918 19,025 20,943 (9,804 ) 11,139 1996 2004 Green Tree Place Woodlands, TX — (2) 539 4,850 — 3,929 539 8,779 9,318 (6,438 ) 2,880 1984 1994 Stonefield Commons Charlottesville, VA — 11,044 36,689 — 1,193 11,044 37,882 48,926 (5,561 ) 43,365 2013 2014 Adalay Bay Chesapeake, VA — 5,280 31,341 — 3,565 5,280 34,906 40,186 (9,885 ) 30,301 2002 2012 Colonial Village at Greenbrier Fredericksburg, VA — 4,842 21,677 — 2,549 4,842 24,226 29,068 (5,977 ) 23,091 1980 2013 Seasons at Celebrate Virginia Fredericksburg, VA — 14,490 32,083 — 40,065 14,490 72,148 86,638 (15,520 ) 71,118 2011 2011 Station Square at Cosner's Corner Fredericksburg, VA — 12,825 51,078 — 1,651 12,825 52,729 65,554 (7,962 ) 57,592 2013/16 2013 Apartments at Cobblestone Square Fredericksburg, VA — 10,990 48,696 — 2,674 10,990 51,370 62,360 (7,440 ) 54,920 2012 2016 Colonial Village at Hampton Glen Glen Allen, VA — 4,851 21,678 — 3,266 4,851 24,944 29,795 (6,757 ) 23,038 1986 2013 Colonial Village at West End Glen Allen, VA — 4,661 18,908 — 2,943 4,661 21,851 26,512 (5,919 ) 20,593 1987 2013 Township Hampton, VA — 1,509 8,189 — 8,663 1,509 16,852 18,361 (11,425 ) 6,936 1987 1995 Colonial Village at Waterford Midlothian, VA — 6,733 29,221 — 4,768 6,733 33,989 40,722 (9,654 ) 31,068 1989 2013 Ashley Park Richmond, VA — 4,761 13,365 — 2,363 4,761 15,728 20,489 (4,968 ) 15,521 1988 2013 Initial Cost Costs Capitalized Subsequent to Acquisition Gross Amount carried as of December 31, 2019 Property Location Encumbrances Land Buildings and Fixtures Land Buildings and Fixtures Land Buildings and Fixtures Total (4) Accumulated Depreciation (5) Net Date of Construction Date Acquired Colonial Village at Chase Gayton Richmond, VA — 6,021 29,004 — 3,662 6,021 32,666 38,687 (9,211 ) 29,476 1984 2013 Hamptons at Hunton Park Richm

Organization and Summary of S_2

Organization and Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2019
Accounting Policies [Abstract]
Basis of Presentation And Principles Of Consolidation	Basis of Presentation and Principles of Consolidation The accompanying consolidated financial statements have been prepared by the Company's management in accordance with United States generally accepted accounting principles, or GAAP, and applicable rules and regulations of the Securities and Exchange Commission, or the SEC. The consolidated financial statements of MAA presented herein include the accounts of MAA, the Operating Partnership and all other subsidiaries in which MAA has a controlling financial interest. MAA owns, directly or indirectly, approximately 80% to 100% of all consolidated subsidiaries, including the Operating Partnership. The consolidated financial statements of MAALP presented herein include the accounts of MAALP and all other subsidiaries in which MAALP has a controlling financial interest. MAALP owns, directly or indirectly, 80% to 100% of all consolidated subsidiaries. In management's opinion, all adjustments necessary for a fair presentation of the consolidated financial statements have been included, and all such adjustments were of a normal recurring nature. All significant intercompany accounts and transactions have been eliminated in consolidation. The Company invests in entities which may qualify as variable interest entities, or VIEs, and MAALP is considered a VIE. A VIE is a legal entity in which the equity investors lack sufficient equity at risk for the entity to finance its activities without additional subordinated financial support or, as a group, the holders of the equity investment at risk lack the power to direct the activities of a legal entity as well as the obligation to absorb its expected losses or the right to receive its expected residual returns. MAALP is classified as a VIE because the limited partners lack substantive kick-out rights and substantive participating rights. The Company consolidates all VIEs for which it is the primary beneficiary and uses the equity method to account for investments that qualify as VIEs but for which it is not the primary beneficiary. In determining whether the Company is the primary beneficiary of a VIE, management considers both qualitative and quantitative factors, including, but not limited to, those activities that most significantly impact the VIE's economic performance and which party controls such activities. The Company uses the equity method of accounting for its investments in entities for which the Company exercises significant influence, but does not have the ability to exercise control. The factors considered in determining whether the Company has the ability to exercise control include ownership of voting interests and participatory rights of investors (see “Investments in Unconsolidated Affiliates” below).
Changes in Presentation	Changes in Presentation In order to simplify the Company's presentation of cash flows from financing activities within the Consolidated Statements of Cash Flows, the Company combined “Repurchase of common stock / units”; “Debt prepayment and extinguishment costs”; “Proceeds from issuances of common shares / units”; and “Exercise of stock / unit options” into one line, “Net change in other financing activities” within the cash flows from financing activities section. No presentation changes were made to the cash flows from operating or investing activities sections of the Consolidated Statements of Cash Flows. Prior year amounts have been changed to conform to the Company's current year presentation. These changes in presentation had no effect on the Company's ending cash, cash equivalents and restricted cash balances and did not impact the classification of cash flows between operating, investing and financing activities.
Noncontrolling Interests	Noncontrolling Interests As of December 31, 2019, the Company had two types of noncontrolling interests with respect to its consolidated subsidiaries, (1) noncontrolling interests related to the common unitholders of its Operating Partnership and (2) noncontrolling interests related to its consolidated real estate entities. The noncontrolling interests relating to the limited partnership interests in the Operating Partnership are owned by the holders of the Class A OP Units. MAA is the sole general partner of the Operating Partnership and holds all of the outstanding Class B OP Units. Net income (after allocations to preferred ownership interests) is allocated to MAA and the noncontrolling interests based on their respective ownership percentages of the Operating Partnership. Issuance of additional Class A OP Units or Class B OP Units changes the ownership percentage of both the noncontrolling interests and MAA. The issuance of Class B OP Units generally occurs when MAA issues common stock and the issuance proceeds are contributed to the Operating Partnership in exchange for Class B OP Units equal to the number of shares of MAA's common stock issued. At each reporting period, the allocation between total MAA shareholders’ equity and noncontrolling interests is adjusted to account for the change in the respective percentage ownership of the underlying equity of the Operating Partnership. MAA’s Board of Directors established economic rights in respect to each Class A OP Unit that were equivalent to the economic rights in respect to each share of MAA common stock. See Note 9 for additional details. The noncontrolling interests relating to the Company’s consolidated real estate entities are owned by private real estate companies that are generally responsible for the development and construction of the apartment communities that are owned through the consolidated real estate entities with a noncontrolling interest. The entities were determined to be VIE’s with the Company designated as the primary beneficiary. As a result, the accounts of the entities are consolidated by the Company. During the year ended December 31, 2019, the Company acquired a partial ownership interest in two consolidated real estate entities and acquired the noncontrolling interest of one consolidated real estate entity for cash proceeds of $ 10.9 million. As of December 31, 2019, the consolidated assets and liabilities of the Company’s consolidated real estate entities with a noncontrolling interest were $ million and $ 3.2 million, respectively. As of December 31, 2018, the consolidated assets and liabilities of the Company’s consolidated real estate entity with a noncontrolling interest were $ 85.7 million and $ 1.3 million, respectively.
Use of Estimates	Use of Estimates Management has made a number of estimates and assumptions relating to the reporting of assets and liabilities, the disclosure of contingent assets and liabilities, and the reported amounts of revenues and expenses to prepare these financial statements and notes in conformity with GAAP. Actual results could differ from those estimates.
Rental Costs	Rental Costs Costs associated with rental activities are expensed as incurred and include advertising expenses, which were $20.8 million, $20.2 million, and $18.8 million for the years ended December 31, 2019, 2018 and 2017, respectively.
Real Estate Assets and Depreciation and Amortization	Real Estate Assets and Depreciation and Amortization Real estate assets are carried at depreciated cost and consist of land, buildings and improvements and other and development and capital improvements in progress (see “Development Costs” below). Repairs and maintenance costs are expensed as incurred, while significant improvements, renovations and recurring capital replacements are capitalized and depreciated over their estimated useful lives. Recurring capital replacements typically include scheduled carpet replacement, new roofs, HVAC units, plumbing, concrete, masonry and other paving, pools and various exterior building improvements. In addition to these costs, the Company also capitalizes salary costs directly identifiable with renovation work. These expenditures extend the useful life of the property and increase the property’s fair market value. The cost of interior painting and blinds are typically expensed as incurred. Depreciation is computed on a straight-line basis over the estimated useful lives of the related assets, which range from five to 40 years. The Consolidated Balance Sheets line “Buildings and improvements and other” includes land improvements and buildings, which have a useful life ranging from eight to 40 years, as well as furniture, fixtures and equipment, which have a useful life of five years.
Development Costs	Development Costs Development projects and the related carrying costs, including interest, property taxes, insurance and allocated direct development salary costs during the construction period, are capitalized and reported in the accompanying Consolidated Balance Sheets as “Development and capital improvements in progress” during the construction period. Interest is capitalized in accordance with accounting standards governing the capitalization of interest. Upon completion and certification for occupancy of individual buildings or floors within a development, amounts representing the completed portion of total estimated development costs for the project are transferred to “Buildings and improvements and other” as real estate held for investment. Capitalization of interest, property taxes, insurance and allocated direct development salary costs cease upon the transfer. The assets are depreciated over their estimated useful lives. Total capitalized costs (including capitalized interest, salaries and real estate taxes) during the years ended December 31, 2019, 2018 and 2017 were $6.5 million, $4.2 million and $11.0 million, respectively. Certain costs associated with the lease-up of development projects, including cost of model units, furnishings and signs, are capitalized and amortized over their respective estimated useful lives. All other costs relating to renting development projects are expensed as incurred.
Acquisition of Real Estate Assets	Acquisition of Real Estate Assets In accordance with Accounting Standards Codification, or ASC, Topic 805, Business Combinations The purchase price of an acquired property is allocated based on the relative fair value of the individual components as a proportion of the total assets acquired. The Company allocates the cost of the tangible assets of an acquired property by valuing the building as if it were vacant, based on management’s determination of the relative fair values of these assets. Management determines the as-if-vacant fair value of a building using methods similar to those used by independent appraisers. These methods include using stabilized net operating income, or NOI, and market specific capitalization and discount rates. In allocating the cost of identified intangible assets of an acquired property, the in-place leases are valued based on current rent rates and time and cost to lease a unit. Management concluded that the residential leases acquired in connection with each of its property acquisitions approximate at-market rates since the residential lease terms generally do not extend beyond one year. For residential leases, the fair value of the in-place leases and resident relationships is amortized over six months, which represents the estimated remaining term of the tenant leases. For retail and commercial leases, the fair value of in-place leases and tenant relationships is amortized over the remaining term of the leases. The net amount of these lease intangibles included in “Other assets” totaled $2.6 million and $3.9 million as of December 31, 2019 and 2018, respectively.
Impairment of Long-lived Assets, including Goodwill	Impairment of Long-lived Assets The Company accounts for long-lived assets in accordance with the provisions of accounting standards for the impairment or disposal of long-lived assets. Management periodically evaluates long-lived assets, including investments in real estate, for indicators that would suggest that the carrying amount of the assets may not be recoverable. The judgments regarding the existence of such indicators are based on factors such as operating performance, market conditions and legal factors. Long-lived assets, such as real estate assets, equipment and purchased intangibles subject to amortization, are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to estimated undiscounted future cash flows expected to be generated by the asset. If the carrying amount of an asset exceeds its estimated future cash flows, an impairment charge is recognized for the amount by which the carrying amount of the asset exceeds the fair value of the asset. Assets to be disposed of are separately presented in the Consolidated Balance Sheets and reported at the lower of the carrying amount or fair value less costs to sell, and are no longer depreciated. The assets and liabilities of a disposed group or a property classified as held for sale are presented separately in the appropriate asset and liability sections of the Consolidated Balance Sheets.
Undeveloped Land	Undeveloped Land Undeveloped land includes sites intended for future multifamily developments, sites for future commercial development and sites intended for residential use, which are carried at the lower of cost or fair value in accordance with GAAP. Any costs incurred prior to commencement of pre-development activities are expensed as incurred.
Investments in Unconsolidated Affiliates	Investments in Unconsolidated Affiliates The Company uses the equity method to account for its investments in a real estate joint venture and a limited partnership that both qualify as a VIE. Management determined the Company is not the primary beneficiary in either investment but does have the ability to exert significant influence over the operations and financial policies of the real estate joint venture and considers its investment in the limited partnership to be more than minor. As of December 31, 2019 and 2018, the Company's investment in the real estate joint venture was $43.7 million and $44.2 million, respectively. As of December 31, 2019 and 2018, the Company's investment in the limited partnership was $13.1 million and $3.8 million, respectively, and is included in “Other assets” in the accompanying Consolidated Balance Sheets. As of December 31, 2019, the Company was committed until September 2022 to make additional capital contributions totaling $8.2 million if and when called by the general partner of the limited partnership.
Cash and Cash Equivalents	Cash and Cash Equivalents Investments in money market accounts and certificates of deposit with original maturities of three months or less are considered to be cash equivalents.
Restricted Cash	Restricted Cash Restricted cash consists of security deposits required to be held separately, escrow deposits held by lenders for property taxes, insurance, debt service and replacement reserves, and exchanges under Section 1031(b) of the Internal Revenue Code of 1986, as amended, or the Code. Section 1031(b) exchanges are presented within cash, cash equivalents and restricted cash reported in the Consolidated Statements of Cash Flows.
Other Assets	Other Assets Other assets consist primarily of receivables and deposits from residents, the value of derivative contracts, right-of-use lease assets, investment in a limited partnership, deferred rental concessions, deferred financing costs relating to a revolving credit facility and other prepaid expenses. Also included in other assets are the fair market value of in-place leases and resident relationships, net of accumulated amortization.
Accrued Expenses and Other Liabilities	Accrued Expenses and Other Liabilities Accrued expenses consist of accrued dividends payable, accrued real estate taxes, accrued interest payable, accrued loss contingencies (see Note 11), accounts payable, right-of-use lease liabilities, security deposits not related to restricted cash, other accrued expenses, and unearned income. Significant accruals include accrued dividends payable of $118.3 million and $113.2 million as of December 31, 2019 and 2018, respectively; accrued real estate taxes of $131.9 million loss contingencies of $ 8.6 million and $ 8.7 million as of December 31, 2019 and 2018 , respectively; security deposits of $ 19.4 million and $ 18.7 million as of December 31, 2019 and 2018 , respectively; and accrued interest payable of $ 21.4 million and $ million as of December 31, 2019 and 2018 , respectively.
Income Taxes	Income Taxes MAA has elected to be taxed as a REIT under the Code and intends to continue to operate in such a manner. The current and continuing qualification as a REIT depends on MAA's ability to meet the various requirements imposed by the Code, which are related to organizational structure, distribution levels, diversity of stock ownership and certain requirements with respect to the nature and diversity of MAA’s assets and sources of MAA’s gross income. As long as MAA qualifies for taxation as a REIT, it will generally not be subject to United States federal corporate income tax on its taxable income that is currently distributed to shareholders. This treatment substantially eliminates the “double taxation” (i.e., income taxation at both the corporate and shareholder levels) that generally results from an investment in a corporation. Even if MAA qualifies as a REIT, MAA may be subject to United States federal income and excise taxes in certain situations, such as if MAA fails to distribute timely all of its taxable income with respect to a taxable year. MAA also will be required to pay a 100% tax on any net income on non-arm’s length transactions between MAA and one of its taxable REIT subsidiaries, or TRS. Furthermore, MAA and its shareholders may be subject to state or local taxation in various state or local jurisdictions, including those in which MAA transacts business or its shareholders reside, and the applicable state and local tax laws may not conform to the United States federal income tax treatment. Any taxes imposed on MAA would reduce its operating cash flows and net income. The Company has elected TRS status for certain of its corporate subsidiaries. As a result, the TRS incur both federal and state income taxes on any taxable income after consideration of any net operating losses. The TRS use the liability method of accounting for income taxes. Deferred income tax assets and liabilities are recognized for future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities from a change in tax rate is recognized in earnings in the period of the enactment date. A valuation allowance is provided when it is more likely than not that all or some portion of the deferred tax assets will not be realized. The Company recognizes liabilities for uncertain income tax positions based on a two-step process. The first step is to evaluate the tax position for recognition by determining if the weight of available evidence indicates that it is more likely than not that the position will be sustained on audit, including resolution of related appeals or litigation processes, if any. The second step requires the Company to estimate and measure the tax benefit as the largest amount that is more likely than not to be realized upon ultimate settlement. See Note 7 for additional disclosures regarding income taxes.
Fair value of derivative financial instruments	Fair Value Measurements The Company applies the guidance in ASC Topic 820, Fair Value Measurements and Disclosures Level 1 - Quoted prices in active markets for identical assets or liabilities that are accessible at the measurement date. Level 2 - Inputs other than quoted prices that are observable for the asset or liability, either directly or indirectly. Level 3 - Unobservable inputs for the assets or liability.
Leases	Leases In 2016, the Financial Accounting Standards Board, or FASB, issued Accounting Standard Update, or ASU, 2016-02, Leases Comparative periods presented in this Annual Report on Form 10-K continue to apply guidance in ASC Topic 840, Leases, revenues as the Company's residential, retail and commercial leases, where it is the lessor, will continue to be accounted for as operating leases. Management has elected available practical expedients that provide lessors an option not to separate lease and non-lease components when certain criteria are met, and instead, allow for those components to be accounted for as a single lease component. B eginning with the effective date of the adoption of the new standard, rental revenues and non-lease reimbursable property revenues meet the criteria to be aggregated into a single lease component and are reported in the line item, “ Rental revenues ” , as presented in the disaggregation of the Company's revenues in Note 13. The Company is the lessee under certain ground, office, equipment and other operating leases. Based on its election of the package of practical expedients provided in ASU 2016-02, the Company did not reassess the classification of existing leases with its adoption of ASC Topic 842. The Company’s existing leases as of January 1, 2019 have continued to be accounted for as operating leases; however, if contracts are modified subsequent to the adoption of the new standard, the Company is required to reassess the contracts using guidance provided under ASC Topic 842. The Company recognized total right-of-use assets of $54.3 million within “Other assets” and related lease obligations of $33.6 million within “Accrued expenses and other liabilities” in its Consolidated Balance Sheets for leases in effect as of January 1, 2019. As of December 31, 2019, right-of-use assets and the related lease obligations totaled $53.8 million and $33.1 million, respectively. As most leases do not provide a readily determinable implicit rate to discount future minimum lease payments to present value, management estimated the Company's incremental borrowing rate based on information available as of the date of adoption and based on the remaining lease terms as of the date of initial application. Operating leases recognized upon adoption had a weighted-average remaining lease term of approximately 33 years and management estimated a weighted-average discount rate of approximately 4.4%. Operating leases as of December 31, 2019 have a weighted-average remaining lease term of approximately 32 years and a weighted-average discount rate of approximately 4.4%. Lease expense recognized for the years ended December 31, 2019, 2018 and 2017 was immaterial to the Company and was recognized in a similar manner for all years presented. Cash paid for amounts included in the measurement of operating lease liabilities during the year ended December 31, 2019 was also immaterial.
Revenue Recognition	Revenue Recognition The Company primarily leases multifamily residential apartments under operating leases generally due on a monthly basis with terms of approximately one year or less, which are recorded as operating leases. Rental revenues are recognized in accordance with ASC Topic 842 using a method that represents a straight-line basis over the term of the lease. In addition, in circumstances where a lease incentive is provided to tenants, the incentive is recognized as a reduction of rental revenues on a straight-line basis over the reasonably assured lease term. Rental revenues represent approximately 93% of the Company's total revenues and include gross rents charged less adjustments for concessions and bad debt. Approximately 6% of the Company's total revenues represents reimbursable property revenues from its tenants for utility reimbursements, which are generally recognized and due on a monthly basis as tenants obtain control of the service over the term of the lease. The remaining 1% of the Company's total revenues represents other non-lease revenues primarily driven by nonrefundable fees and commissions. With the adoption of ASC Topic 842, rental revenues and non-lease reimbursable property revenues meet the criteria to be aggregated into a single lease component and are reported on a combined basis, while non-lease reimbursable property revenues recognized prior to January 1, 2019 is reported as non-lease revenues and recognized in accordance with ASC Topic 606, Revenue Recognition.
Recently Issued Accounting Pronouncement	Recently Issued Accounting Pronouncements In June 2016, the FASB issued ASU No. 2016-13, Measurement of Credit Losses on Financial Instruments

Earnings Per Common Share of _2

Earnings Per Common Share of MAA (Tables)	12 Months Ended
	Dec. 31, 2019
Earnings Per Common Share Of M A A [Abstract]
Schedule of Computation of Diluted Earnings per Share	For the years ended December 31, 2019, 2018 and 2017, MAA's diluted earnings per share was computed using the treasury stock method as presented below (dollars and shares in thousands, except per share amounts): 2019 2018 2017 Calculation of Earnings per common share - basic Net income $ 366,618 $ 231,022 $ 340,536 Net income attributable to noncontrolling interests (12,807 ) (8,123 ) (12,157 ) Unvested restricted stock (allocation of earnings) (519 ) (291 ) (535 ) Preferred dividends (3,688 ) (3,688 ) (3,688 ) Net income available for MAA common shareholders, adjusted $ 349,604 $ 218,920 $ 324,156 Weighted average common shares - basic 113,854 113,638 113,407 Earnings per common share - basic $ 3.07 $ 1.93 $ 2.86 Calculation of Earnings per common share - diluted Net income $ 366,618 $ 231,022 $ 340,536 Net income attributable to noncontrolling interests (12,807 ) (1) (8,123 ) (1) (12,157 ) (1) Preferred dividends (3,688 ) (3,688 ) (3,688 ) Net income available for MAA common shareholders, adjusted $ 350,123 $ 219,211 $ 324,691 Weighted average common shares - basic 113,854 113,638 113,407 Effect of dilutive securities 259 198 280 Weighted average common shares - diluted 114,113 113,836 113,687 Earnings per common share - diluted $ 3.07 $ 1.93 $ 2.86 (1)

Earnings Per OP Unit of MAALP (

Earnings Per OP Unit of MAALP (Tables)	12 Months Ended
	Dec. 31, 2019
Earnings Per Share [Abstract]
Schedule of Diluted Earnings per Common Unit	For the years ended December 31, 2019, 2018 and 2017, MAALP’s diluted earnings per common unit was computed using the treasury stock method as presented below (dollars and units in thousands, except per unit amounts): 2019 2018 2017 Calculation of Earnings per common unit - basic Net income $ 366,618 $ 231,022 $ 340,536 Net income attributable to noncontrolling interests (136 ) — — Unvested restricted stock (allocation of earnings) (519 ) (291 ) (535 ) Preferred unit distributions (3,688 ) (3,688 ) (3,688 ) Net income available for MAALP common unitholders, adjusted $ 362,275 $ 227,043 $ 336,313 Weighted average common units - basic 117,944 117,777 117,617 Earnings per common unit - basic $ 3.07 $ 1.93 $ 2.86 Calculation of Earnings per common unit - diluted Net income $ 366,618 $ 231,022 $ 340,536 Net income attributable to noncontrolling interests (136 ) — — Preferred unit distributions (3,688 ) (3,688 ) (3,688 ) Net income available for MAALP common unitholders, adjusted $ 362,794 $ 227,334 $ 336,848 Weighted average common units - basic 117,944 117,777 117,617 Effect of dilutive securities 259 198 280 Weighted average common units - diluted 118,203 117,975 117,897 Earnings per common unit - diluted $ 3.07 $ 1.93 $ 2.86

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2019
Stock Based Compensation [Abstract]
Schedule of Share based Payment Award Restricted Stock Valuation Assumptions	The following is a summary of the key assumptions used in the valuation calculations for market based awards granted during the years ended December 31, 2019, 2018 and 2017: 2019 2018 2017 Risk free rate 2.578% 1.61% - 2.14% 0.65% - 1.57% Dividend yield 4.043% 3.884% 3.573% Volatility 18.95% 15.05% - 17.18% 20.43% - 21.85% Requisite service period 3 years 3 years 3 years
Nonvested Restricted Stock Shares Activity	A summary of the status of the nonvested restricted shares as of December 31, 2019, and the changes for the year ended December 31, 2019, is presented below: Nonvested Shares Shares Weighted Average Grant-Date Fair Value Nonvested as of January 1, 2019 187,777 $ 88.79 Issued 173,174 88.59 Vested (125,381 ) 74.35 Forfeited (1,692 ) 95.44 Nonvested as of December 31, 2019 233,878 $ 96.33
Share-based Compensation, Stock Options, Activity	A summary of the status of the outstanding stock options as of December 31, 2019 and the changes for the year ended December 31, 2019 is presented below: Stock Options Options Weighted Average Exercise Price Outstanding as of January 1, 2019 90,615 $ 77.16 Granted — — Exercised (69,852 ) 76.96 Expired — — Outstanding as of December 31, 2019 20,763 $ 77.82

Borrowings (Tables)

Borrowings (Tables)	12 Months Ended
	Dec. 31, 2019
Debt Disclosure [Abstract]
Summary of Outstanding Debt	The following table summarizes the Company's outstanding debt as of December 31, 2019 and 2018 (dollars in thousands): Balance As of December 31, 2019 December 31, 2019 December 31, 2018 Weighted Average Effective Rate Weighted Average Contract Maturity Unsecured debt Variable rate revolving credit facility $ — $ 540,000 — % — Variable rate commercial paper program 70,000 — 2.1 % 1/8/2020 Fixed rate senior notes 3,472,000 2,642,000 3.9 % 7/19/2026 Term loans fixed with swaps 300,000 300,000 2.3 % 3/1/2022 Variable rate term loans — 600,000 — % — Debt issuance costs, discounts, premiums and fair market value adjustments (13,799 ) (28,698 ) Total unsecured debt $ 3,828,201 $ 4,053,302 3.7 % Fixed rate secured debt Individual property mortgages $ 629,817 $ 476,161 4.5 % 4/2/2037 Debt issuance costs and fair market value adjustments (3,420 ) (1,135 ) Total secured debt $ 626,397 $ 475,026 4.5 % Total outstanding debt $ 4,454,598 $ 4,528,328 3.8 %
Scheduled Principal Repayments on Borrowings	The following table includes scheduled principal repayments of MAALP’s outstanding borrowings as of December 31, 2019, as well as the amortization of the fair market value of debt assumed, debt discounts, premiums and issuance costs (in thousands): Year Maturities Amortization Total 2020 $ 211,108 $ (3,323 ) $ 207,785 2021 192,903 (3,393 ) 189,510 2022 668,401 (3,098 ) 665,303 2023 363,731 (2,487 ) 361,244 2024 421,566 (1,509 ) 420,057 Thereafter 2,614,108 (3,409 ) 2,610,699 $ 4,471,817 $ (17,219 ) $ 4,454,598

Financial Instruments and Der_2

Financial Instruments and Derivatives (Tables)	12 Months Ended
	Dec. 31, 2019
Fair Value Disclosures [Abstract]
Effect of Derivative Instruments on Consolidated Statement of Operations	The tables below present the effect of the Company's derivative financial instruments on the Consolidated Statements of Operations for the years ended December 31, 2019, 2018 and 2017, respectively (dollars in thousands): Derivatives in Cash Flow Hedging Relationships (Loss) Gain Recognized in OCI on Derivative Location of Gain (Loss) Reclassified Gain (Loss) Reclassified from Accumulated OCL into Interest Expense (1) For the Year ended December 31, 2019 2018 2017 from Accumulated OCL into Income 2019 2018 2017 Interest rate contracts $ (11,676 ) $ (751 ) $ 319 Interest expense $ 1,747 $ 1,938 $ (730 ) (1) Derivatives Not Designated as Hedging Instruments Location of Gain (Loss) Recognized in Gain (Loss) Recognized in Earnings on Derivative For the year ended December 31, Income on Derivative 2019 2018 2017 Preferred stock embedded derivative Other non-operating income $ 17,886 $ (2,576 ) $ 8,807

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2019
Income Taxes [Abstract]
Schedule of Effective Income Tax Rate Reconciliation	For the years ended December 31, 2019, 2018 and 2017, the reconciliation of income tax attributable to continuing operations for the Company’s TRS computed at the U.S. statutory rate to the income tax provision was as follows (in thousands): 2019 2018 2017 Tax expense at U.S. statutory rates on the Company's TRS income subject to tax $ 1,026 $ 115 $ 2,177 Valuation allowance — 127 (2,177 ) TRS income tax provision $ 1,026 $ 242 $ —
Taxability Of Cash Distributions Table	For income tax purposes, dividends paid to holders of common stock primarily consist of ordinary income, return of capital, capital gains, qualified dividends and un-recaptured Section 1250 gains, or a combination thereof. For the years ended December 31, 2019, 2018 and 2017, dividends per share held for the entire year were estimated to be taxable as follows: 2019 2018 2017 Amount Percentage Amount Percentage Amount Percentage Ordinary income $ 3.51 91.4 % $ 3.66 99.3 % $ 2.79 80.2 % Capital gain 0.21 5.5 % 0.02 0.6 % 0.31 8.9 % Un-recaptured Section 1250 gain 0.12 3.1 % 0.01 0.1 % 0.38 10.9 % $ 3.84 100 % $ 3.69 100 % $ 3.48 100 %

Shareholders' Equity of MAA (Ta

Shareholders' Equity of MAA (Tables)	12 Months Ended
	Dec. 31, 2019
Shareholders Equity Of M A A [Abstract]
Schedule of Cumulative Redeemable Preferred Stock	As of December 31, 2019, MAA had one outstanding series of cumulative redeemable preferred stock which has the following characteristics: Description Outstanding Shares Liquidation Preference (1) Optional Redemption Date Redemption Price (2) Stated Dividend Yield Approximate Dividend Rate Series I 867,846 $ 50.00 10/1/2026 $ 50.00 8.50% $ 4.25 (1) The total liquidation preference for the outstanding preferred stock is $43.4 million. (2) The redemption price is the price at which the preferred stock is redeemable, at MAA's option, for cash. See Note 6 for details of the valuation of the derivative asset related to the redemption feature embedded in the MAA Series I preferred stock.

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2019
Loss Contingency [Abstract]
Schedule of Operating Lease Obligations	The table below reconciles undiscounted cash flows for each of the first five years and total of the remaining years to the operating lease obligations recorded on the Consolidated Balance Sheets as of December 31, 2019 (in thousands): Operating Leases 2020 $ 2,825 2021 2,854 2022 2,885 2023 2,875 2024 2,853 Thereafter 65,863 Total minimum lease payments 80,155 Net present value adjustments (47,036 ) Operating lease obligations $ 33,119

Segment Information (Tables)

Segment Information (Tables)	12 Months Ended
	Dec. 31, 2019
Notes To Financial Statements [Abstract]
Revenues and NOI for Reportable Segment	Revenues and NOI for each reportable segment for the years ended December 31, 2019, 2018 and 2017 were as follows (in thousands): 2019 2018 2017 Revenues: Same Store Rental revenues $ 1,505,775 $ 1,364,744 $ 1,313,836 Reimbursable property revenues (1) — 91,020 88,774 Other property revenues 12,100 11,696 12,229 Total Same Store revenues 1,517,875 1,467,460 1,414,839 Non-Same Store and Other Rental revenues 121,829 99,281 105,865 Reimbursable property revenues (1) — 3,744 5,282 Other property revenues 1,313 861 3,001 Total Non-Same Store and Other revenues 123,142 103,886 114,148 Total rental and other property revenues $ 1,641,017 $ 1,571,346 $ 1,528,987 Net Operating Income: Same Store NOI $ 956,075 $ 921,240 $ 889,176 Non-Same Store and Other NOI 72,097 55,518 63,080 Total NOI 1,028,172 976,758 952,256 Depreciation and amortization (496,843 ) (489,759 ) (493,708 ) Property management expenses (55,011 ) (47,633 ) (43,588 ) General and administrative expenses (46,121 ) (34,786 ) (40,194 ) Merger and integration expenses — (9,112 ) (19,990 ) Interest expense (179,847 ) (173,594 ) (154,751 ) Gain (loss) on sale of depreciable real estate assets 80,988 (39 ) 127,386 Gain on sale of non-depreciable real estate assets 12,047 4,532 21 Other non-operating income 25,275 5,434 14,353 Income tax expense (3,696 ) (2,611 ) (2,619 ) Income from real estate joint venture 1,654 1,832 1,370 Net income attributable to noncontrolling interests (12,807 ) (8,123 ) (12,157 ) Dividends to MAA Series I preferred shareholders (3,688 ) (3,688 ) (3,688 ) Net income available for MAA common shareholders $ 350,123 $ 219,211 $ 324,691 (1)
Assets for Reportable Segment	Assets for each reportable segment as of December 31, 2019 and 2018 were as follows (in thousands): December 31, 2019 December 31, 2018 Assets: Same Store $ 9,661,935 $ 9,921,270 Non-Same Store and Other 1,362,974 1,233,351 Corporate assets 205,541 169,160 Total assets $ 11,230,450 $ 11,323,781

Real Estate Acquisitions and _2

Real Estate Acquisitions and Dispositions (Tables)	12 Months Ended
	Dec. 31, 2019
Real Estate [Abstract]
Schedule of Real Estate Asset Acquisitions and Dispositions	The following table reflects the Company's acquisition activity for the year ended December 31, 2019: Multifamily Acquisitions Market Units Date Acquired The Greene Greenville, SC 271 November 2019 Jefferson Sand Lake (1) Orlando, FL 264 October 2019 Novel Midtown (2) Phoenix, AZ 345 February 2019 Commercial Acquisition Market Sq Ft Date Acquired 220 Riverside Retail (3) Jacksonville, FL 14,941 August 2019 Land Acquisition Market Acres Date Acquired North Orange Avenue – Outparcel Orlando, FL 2 April 2019 (1) This pre-purchase multifamily community development is being developed through a joint venture with a local developer. The Company owns 95% of the joint venture that owns this property. (2) This pre-purchase multifamily community development is being developed through a joint venture with a local developer. The Company owns 80% of the joint venture that owns this property. (3) The Company acquired the ground floor retail portion of one of its existing multifamily apartment communities The following table reflects the Company's disposition activity for the year ended December 31, 2019: Multifamily Dispositions Market Units Date Sold Ridge at Chenal Valley Little Rock, AR 312 October 2019 Calais Forest Little Rock, AR 260 November 2019 Napa Valley Little Rock, AR 240 November 2019 Westside Creek Little Rock, AR 308 November 2019 Palisades at Chenal Valley Little Rock, AR 248 December 2019 Commercial Disposition Market Sq Ft Date Sold Poplar Avenue Office Memphis, TN 42,000 March 2019 Land Dispositions Market Acres Date Sold Peachtree Road – Outparcel Atlanta, GA 1 February 2019 Colonial Promenade – Outparcel Huntsville, AL 4 April 2019 Forty Seven Canal Place – Outparcel Gulf Shores, AL 45 October 2019 Craft Farms – Outparcel Gulf Shores, AL 33 December 2019

Selected Quarterly Financial _2

Selected Quarterly Financial Information (Tables)	12 Months Ended
	Dec. 31, 2019
Limited Partner [Member]
Selected Quarterly Financial Information [Line Items]
Schedule of Quarterly Financial Information	The following table reflects MAALP's selected quarterly financial information for the year ended December 31, 2019 (dollars in thousands, except per unit data): Year Ended December 31, 2019 First Second Third Fourth Rental and other property revenues $ 401,178 $ 407,390 $ 415,632 $ 416,817 Net income 65,958 64,141 81,459 155,060 Net income available for MAALP common unitholders 65,036 63,219 80,537 154,002 Per unit: Earnings per common unit - basic $ 0.55 $ 0.53 $ 0.68 $ 1.30 Earnings per common unit - diluted 0.55 0.53 0.68 1.30 The following table reflects MAALP's selected quarterly financial information for the year ended December 31, 2018 (dollars in thousands, except per unit data): Year Ended December 31, 2018 First Second Third Fourth Rental and other property revenues $ 386,017 $ 390,073 $ 397,108 $ 398,148 Net income 50,820 61,981 54,704 63,517 Net income available for MAALP common unitholders 49,898 61,059 53,782 62,595 Per unit: Earnings per common unit - basic $ 0.42 $ 0.52 $ 0.46 $ 0.53 Earnings per common unit - diluted 0.42 0.52 0.46 0.53
Parent Company
Selected Quarterly Financial Information [Line Items]
Schedule of Quarterly Financial Information	The following table reflects MAA's selected quarterly financial information for the year ended December 31, 2019 (dollars in thousands, except per share data): Year Ended December 31, 2019 First Second Third Fourth Rental and other property revenues $ 401,178 $ 407,390 $ 415,632 $ 416,817 Net income 65,958 64,141 81,459 155,060 Net income available for MAA common shareholders 62,738 60,995 77,723 148,667 Per share: Earnings per common share - basic $ 0.55 $ 0.53 $ 0.68 $ 1.30 Earnings per common share - diluted 0.55 0.53 0.68 1.30 The following table reflects MAA's selected quarterly financial information for the year ended December 31, 201 8 (dollars in thousands, except per share data): Year Ended December 31, 2018 First Second Third Fourth Rental and other property revenues $ 386,017 $ 390,073 $ 397,108 $ 398,148 Net income 50,820 61,981 54,704 63,517 Net income available for MAA common shareholders 48,097 58,885 51,869 60,360 Per share: Earnings per common share - basic $ 0.42 $ 0.52 $ 0.46 $ 0.53 Earnings per common share - diluted 0.42 0.52 0.46 0.53

Organization and Summary of S_3

Organization and Summary of Significant Accounting Policies (Textual) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2019USD ($)ft²PropertyCommunitieStateshares	Dec. 31, 2018USD ($)shares	Dec. 31, 2017USD ($)	Jan. 01, 2019
Real Estate Properties [Line Items]
General Partners' Capital Account, Units Outstanding | shares	114,246,393	113,844,267
Number of Real Estate Properties | Communitie	299
Development and capital improvements in progress	$ 116,424	$ 59,506
Number of States in which Entity Operates | State	16
Consolidated assets	$ 11,230,450	11,323,781
Consolidated liabilities	4,926,860	4,942,178
Advertising expenses	20,800	20,200	$ 18,800
Lease Intangibles, Gross	13,864,159	13,598,550
Operating Lease, Right-of-Use Asset	54,300
Operating Lease, Liability	$ 33,119
Operating Lease, Weighted Average Remaining Lease Term				33 years
Operating Lease, Weighted Average Discount Rate, Percent	4.40%
Percentage Of Rental Revenue From Leasing Of Apartment Homes	93.00%
Percentage Of Reimbursable Revenue From Leasing Of Apartment Homes	6.00%
Percentage of Rental Revenue and Other Income From Non-leasing Activities	1.00%
Accounting Standards Update 2016-02
Real Estate Properties [Line Items]
Operating Lease, Right-of-Use Asset	$ 53,800
Operating Lease, Liability	$ 33,600
Operating Lease, Weighted Average Remaining Lease Term	32 years
Accrued Liabilities [Member]
Real Estate Properties [Line Items]
Dividends Payable	$ 118,300	113,200
Accrued Real Estate Taxes	131,900	123,500
Unearned Income	42,000	41,100
Loss Contingency, Loss in Period	8,600	8,700
Security Deposit Liability	19,400	18,700
Interest Payable	$ 21,400	15,100
Furniture, Fixtures And Equipment
Real Estate Properties [Line Items]
Equipment, Useful Life	5 years
Leases, Acquired-in-Place
Real Estate Properties [Line Items]
Lease Intangibles, Gross	$ 2,600	3,900
Parent Company
Real Estate Properties [Line Items]
Capitalized Development Costs, Period	6,500	4,200	$ 11,000
Real Estate
Real Estate Properties [Line Items]
Cash proceeds	10,900
Real Estate Investments, Joint Ventures	8,200
Real Estate | Other Assets [Member]
Real Estate Properties [Line Items]
Real Estate Investments, Joint Ventures	13,100	3,800
Real Estate | Post Massachusetts Avenue
Real Estate Properties [Line Items]
Real Estate Investments, Joint Ventures	43,700	44,200
Real Estate | Variable Interest Entity Primary Beneficiary [Member]
Real Estate Properties [Line Items]
Consolidated assets	46,000	85,700
Consolidated liabilities	$ 3,200	$ 1,300
Minimum [Member]
Real Estate Properties [Line Items]
Percentage of ownership interests of all consolidated subsidiaries (percent)	80.00%
Minimum [Member] | Land Improvements And Buildings
Real Estate Properties [Line Items]
Equipment, Useful Life	8 years
Maximum [Member]
Real Estate Properties [Line Items]
Percentage of ownership interests of all consolidated subsidiaries (percent)	100.00%
Maximum [Member] | Accounting Standards Update 2016-02
Real Estate Properties [Line Items]
Operating lease, term of contract	1 year
Maximum [Member] | Land Improvements And Buildings
Real Estate Properties [Line Items]
Equipment, Useful Life	40 years
Development Properties
Real Estate Properties [Line Items]
Number of Real Estate Properties | Communitie	7
Number of units under development community | Property	2,108
Development Properties | Expected Costs
Real Estate Properties [Line Items]
Development and capital improvements in progress	$ 489,500
Development Properties | Costs Incurred To Date
Real Estate Properties [Line Items]
Development and capital improvements in progress	$ 143,900
Retail
Real Estate Properties [Line Items]
Number of Real Estate Properties | Property	32
Square footage of real estate property | ft²	630,000
Commercial Real Estate [Member]
Real Estate Properties [Line Items]
Number of Real Estate Properties | Property	4
Square footage of real estate property | ft²	260,000
M A A L P
Real Estate Properties [Line Items]
Limited Liability Company (LLC) or Limited Partnership (LP), Managing Member or General Partner, Ownership Interest	96.60%	96.50%

Earnings Per Common Share of _3

Earnings Per Common Share of MAA - Schedule of Computation of Diluted Earnings per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands		12 Months Ended
		Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Earnings Per Share Disclosure [Line Items]
Income from Continuing Operations, Including Portion Attributable to Noncontrolling Interest		$ 366,618	$ 231,022	$ 340,536
Income from continuing operations attributable to noncontrolling interests		(12,807)	(8,123)	(12,157)
Income from continuing operations allocated to unvested restricted shares		(519)	(291)	(535)
Dividends, Preferred Stock, Cash		(3,688)	(3,688)	(3,688)
Income from continuing operations available for common shareholders, adjusted		$ 349,604	$ 218,920	$ 324,156
Weighted average common shares - basic		113,854	113,638	113,407
Earnings per share - basic		$ 3.07	$ 1.93	$ 2.86
Income from Continuing Operations, Including Portion Attributable to Noncontrolling Interest		$ 366,618	$ 231,022	$ 340,536
Income from continuing operations attributable to noncontrolling interests	[1]	12,807	8,123	12,157
Adjusted Income (Loss) from Continuing Operations Available for Common Shareholders, Diluted		$ 350,123	$ 219,211	$ 324,691
Effect of dilutive securities		259	198	280
Weighted average common shares - diluted		114,113	113,836	113,687
Earnings per share - diluted		$ 3.07	$ 1.93	$ 2.86
Limited Partnership Units [Member]
Earnings Per Share Disclosure [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount		4,100	4,100	4,200
[1]

Earnings Per OP Unit of MAALP -

Earnings Per OP Unit of MAALP - Schedule of Diluted Earnings per Common Unit (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Earnings Per Share Disclosure [Line Items]
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest									$ 366,618	$ 231,022	$ 340,536
Net income attributable to noncontrolling interests									(12,807)	(8,123)	(12,157)
Income from continuing operations allocated to unvested restricted shares									(519)	(291)	(535)
Dividends, Preferred Stock, Cash									(3,688)	(3,688)	(3,688)
Income from continuing operations available for common shareholders, adjusted									$ 349,604	$ 218,920	$ 324,156
Earnings per share - basic									$ 3.07	$ 1.93	$ 2.86
Net income available for MAALP common unitholders, adjusted									$ 350,123	$ 219,211	$ 324,691
Effect of dilutive securities									259,000	198,000	280,000
Weighted average common shares - diluted									114,113,000	113,836,000	113,687,000
Earnings per share - diluted									$ 3.07	$ 1.93	$ 2.86
Limited Partner [Member]
Earnings Per Share Disclosure [Line Items]
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	$ 155,060	$ 81,459	$ 64,141	$ 65,958	$ 63,517	$ 54,704	$ 61,981	$ 50,820	$ 366,618	$ 231,022	$ 340,536
Net income attributable to noncontrolling interests									(136)
Income from continuing operations allocated to unvested restricted shares									(519)	(291)	(535)
Dividends, Preferred Stock, Cash									(3,688)	(3,688)	(3,688)
Income from continuing operations available for common shareholders, adjusted									$ 362,275	$ 227,043	$ 336,313
Weighted average common units - basic									117,944	117,777	117,617
Earnings per share - basic	$ 1.30	$ 0.68	$ 0.53	$ 0.55	$ 0.53	$ 0.46	$ 0.52	$ 0.42	$ 3.07	$ 1.93	$ 2.86
Net income available for MAALP common unitholders, adjusted									$ 362,794	$ 227,334	$ 336,848
Effect of dilutive securities									259	198	280
Weighted average common shares - diluted									118,203	117,975	117,897
Earnings per share - diluted	$ 1.30	$ 0.68	$ 0.53	$ 0.55	$ 0.53	$ 0.46	$ 0.52	$ 0.42	$ 3.07	$ 1.93	$ 2.86

Stock-Based Compensation - Addi

Stock-Based Compensation - Additional Information (Details) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Allocated Share-based Compensation Expense	$ 14.7	$ 12.9	$ 10.8
Employee Service Share-based Compensation, Allocation of Recognized Period Costs, Capitalized Amount	1	0.5	0.2
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized	$ 13.9
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition	10 months 24 days
Employee Service Share-based Compensation, Cash Flow Effect, Cash Used to Settle Awards	$ 3.7	2.9	4.8
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value	$ 9.3	$ 7.6	$ 10.5
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	0	0	0
Exercise of stock options, Shares	69,852
Minimum [Member] | Risk Free Rate [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Requisite service period		3 months	3 months
Minimum [Member] | Volatility [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Requisite service period		1 year	3 years
Maximum [Member] | Risk Free Rate [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Requisite service period		3 years	3 years
Maximum [Member] | Volatility [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Requisite service period		3 years	1 year
Restricted Stock [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value	$ 72.98	$ 71.85	$ 84.53
Requisite service period	3 years	3 years	3 years
Restricted Stock [Member] | Maximum [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	5 years
Employee Stock Option [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Intrinsic Value	$ 1.2
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Remaining Contractual Term	5 years 2 months 12 days
Exercise of stock options, Shares	69,852	17,823	21,006
Proceeds from Stock Options Exercised	$ 2.9	$ 0.9	$ 0.4
Employee Stock Option [Member] | Minimum [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	3 months 18 days
Employee Stock Option [Member] | Maximum [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	2 years 3 months 18 days
2013 Stock Incentive Plan [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized	2,000,000

Stock-Based Compensation Key As

Stock-Based Compensation Key Assumptions for Restricted Stock Grants (Details) - Restricted Stock [Member]	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Risk free rate	2.578%
Risk free rate, Minimum		1.61%	0.65%
Risk free rate, Maximum		2.14%	1.57%
Dividend yield	4.043%	3.884%	3.573%
Volatility	18.95%
Volatility, Minimum		15.05%	20.43%
Volatility, Maximum		17.18%	21.85%
Requisite service period	3 years	3 years	3 years

Stock-Based Compensation Status

Stock-Based Compensation Status of Nonvested Restricted Shares (Details) - Restricted Stock [Member]	12 Months Ended
	Dec. 31, 2019$ / sharesshares
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Nonvested as of January 1, 2019 | shares	187,777
Issued | shares	173,174
Vested | shares	(125,381)
Forfeited | shares	(1,692)
Nonvested as of December 31, 2019 | shares	233,878
Nonvested as of January 1, 2019 | $ / shares	$ 88.79
Issued | $ / shares	88.59
Vested | $ / shares	74.35
Forfeited | $ / shares	95.44
Nonvested as of December 31, 2019 | $ / shares	$ 96.33

Stock-Based Compensation Stat_2

Stock-Based Compensation Status of Outstanding Stock Options (Details) - $ / shares	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Statusof Stock Options [Abstract]
Outstanding as of January 1, 2019	90,615
Granted	0	0	0
Exercised	(69,852)
Outstanding as of December 31, 2019	20,763	90,615
Outstanding as of January 1, 2019	$ 77.16
Exercised	76.96
Outstanding as of December 31, 2019	$ 77.82	$ 77.16

Borrowings - Summary of Outstan

Borrowings - Summary of Outstanding Debt (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Debt Instrument [Line Items]
Unsecured Debt	$ 3,828,201	$ 4,053,302
Total Outstanding Debt	$ 4,454,598	4,528,328
Debt Instrument, Interest Rate, Effective Percentage	3.80%
Unsecured Debt [Member]
Debt Instrument [Line Items]
Total Outstanding Debt	$ 3,828,201	4,053,302
Debt Instrument, Interest Rate, Effective Percentage	3.70%
Unsecured Debt [Member] | Variable Rate Credit Facility [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Amount Outstanding		540,000
Unsecured Debt [Member] | Fixed Rate Debt Senior Notes [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount	$ 3,472,000	2,642,000
Debt Instrument, Interest Rate, Effective Percentage	3.90%
Contract Maturity	Jul. 19, 2026
Unsecured Debt [Member] | Commercial Paper Notes [Member] | Variable Rate Commercial Paper Program [Member]
Debt Instrument [Line Items]
Unsecured Debt	$ 70,000
Debt Instrument, Interest Rate, Effective Percentage	2.10%
Contract Maturity	Jan. 8, 2020
Unsecured Debt [Member] | Term Loan [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount	$ 300,000	300,000
Debt Instrument, Interest Rate, Effective Percentage	2.30%
Contract Maturity	Mar. 1, 2022
Unsecured Debt [Member] | Variable Rate Debt [Member]
Debt Instrument [Line Items]
Unsecured Debt		600,000
Unsecured Debt [Member] | $1 billion unsecured revolving credit facility [Member] | Fair Market Value Adjustment and Debt Issuance Cost [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount	$ (13,799)	(28,698)
Unsecured Debt [Member] | $1 billion unsecured revolving credit facility [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Amount Outstanding	$ 0
Contract Maturity	May 31, 2023
Secured Debt [Member]
Debt Instrument [Line Items]
Total Outstanding Debt	$ 626,397	475,026
Debt Instrument, Interest Rate, Effective Percentage	4.50%
Secured Debt [Member] | Fixed Rate Debt Senior Notes [Member]
Debt Instrument [Line Items]
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate	$ 629,817	476,161
Debt Instrument, Interest Rate, Effective Percentage	4.50%
Contract Maturity	Apr. 2, 2037
Secured Debt [Member] | Fair Market Value Adjustment and Debt Issuance Cost [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Amount Outstanding	$ (3,420)	$ (1,135)

Borrowings - Additional Informa

Borrowings - Additional Information (Details)	1 Months Ended					12 Months Ended
	Nov. 30, 2019USD ($)	Aug. 31, 2019USD ($)	May 31, 2019USD ($)	Mar. 31, 2019USD ($)	Nov. 30, 2018USD ($)	Dec. 31, 2019USD ($)LoanApartmentUnit	Dec. 31, 2018USD ($)
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Effective Percentage						3.80%
Commercial Paper Notes [Member]
Debt Instrument [Line Items]
Debt Instrument, Payment Terms						397 days
Debt Instrument, Face Amount						$ 70,000,000
Debt Instrument, Interest Rate, Effective Percentage						2.05%
Debt Instrument, Term						8 days
Maximum [Member] | Commercial Paper Notes [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount						$ 500,000,000
Secured Debt [Member] | Fixed Rate Debt Senior Notes [Member]
Debt Instrument [Line Items]
Debt Instrument, Maturity Date						Apr. 2, 2037
Debt Instrument, Interest Rate, Effective Percentage						4.50%
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate						$ 629,800,000
Unsecured Debt [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Effective Percentage						3.70%
Unsecured Debt [Member] | Fixed Rate Debt Senior Notes [Member]
Debt Instrument [Line Items]
Debt Instrument, Maturity Date						Jul. 19, 2026
Debt Instrument, Face Amount						$ 3,472,000,000	$ 2,642,000,000
Debt Instrument, Interest Rate, Effective Percentage						3.90%
Unsecured Debt [Member] | Years To Maturity [Member] | Fixed Rate Debt [Member]
Debt Instrument [Line Items]
Debt Instrument, Term						6 years 7 months 6 days
Unsecured Debt [Member] | Minimum [Member] | Fixed Rate Debt [Member]
Debt Instrument [Line Items]
Debt Instrument, Term						10 years
Unsecured Debt [Member] | Maximum [Member] | Fixed Rate Debt [Member]
Debt Instrument [Line Items]
Debt Instrument, Term						12 years
Unsecured Debt [Member] | $1 billion unsecured revolving credit facility [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Current Borrowing Capacity						$ 1,000,000,000
Debt Instrument, Basis Spread on Variable Rate						1.45%
Debt Instrument, Maturity Date						May 31, 2023
Line of Credit Facility, Amount Outstanding						$ 0
Letters of Credit Outstanding, Amount						2,700,000
Unsecured Debt [Member] | $1 billion unsecured revolving credit facility [Member] | Minimum [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity						$ 1,500,000,000
Unsecured Debt [Member] | $1 billion unsecured revolving credit facility [Member] | Maximum [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate						0.75%
Unsecured Debt [Member] | Public Income Notes [Member] | Fixed Rate Debt [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount						$ 3,300,000,000
Unsecured Debt [Member] | Private Placement [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount						222,000,000
Debt Instrument, Interest Rate, Stated Percentage	3.61%
Repayments of Unsecured Debt	$ 20,000,000
Unsecured Debt [Member] | Private Placement [Member] | Fixed Rate Debt [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount						222,000,000
Unsecured Debt [Member] | 3.95% Initial Notes Due 2029 [Member] | M A A L P
Debt Instrument [Line Items]
Debt Instrument, Payment Terms				Interest on the Initial 2029 Notes is payable on March 15 and September 15 of each year, beginning on September 15, 2019.
Debt Instrument, Face Amount				$ 300,000,000
Debt Instrument, Interest Rate, Effective Percentage				4.24%
Debt Instrument, Term				10 years
Debt Instrument, Interest Rate, Stated Percentage				3.95%
Debt Instrument, Redemption Price, Percentage				99.72%
Debt Issuance Costs, Gross				$ 2,800,000
Proceeds from Debt, Net of Issuance Costs				297,200,000
Settlement of Forward Swaps				$ 300,000,000
Unsecured Debt [Member] | 3.95% Additional Notes due 2029 [Member] | M A A L P
Debt Instrument [Line Items]
Debt Instrument, Face Amount		$ 250,000,000
Debt Instrument, Interest Rate, Effective Percentage		2.985%
Debt Instrument, Interest Rate, Stated Percentage		3.95%
Debt Instrument, Redemption Price, Percentage		107.827%
Debt Issuance Costs, Gross		$ 22,100,000
Proceeds from Debt, Net of Issuance Costs		272,100,000
Unsecured Debt [Member] | 2.75% Notes due 2030 [Member]
Debt Instrument [Line Items]
Debt Instrument, Payment Terms	Interest on the 2030 Notes is payable on March 15 and September 15 of each year, beginning on March 15, 2020.
Debt Instrument, Face Amount	$ 300,000,000
Debt Instrument, Interest Rate, Effective Percentage	3.065%
Debt Instrument, Term	10 years
Debt Instrument, Interest Rate, Stated Percentage	2.75%
Debt Instrument, Redemption Price, Percentage	99.762%
Debt Issuance Costs, Gross	$ 2,700,000
Proceeds from Debt, Net of Issuance Costs	297,300,000
Settlement of Forward Swaps	150,000,000
Unsecured Debt [Member] | Wells Fargo Term Loan
Debt Instrument [Line Items]
Debt Instrument, Face Amount						$ 300,000,000
Debt Instrument, Interest Rate, Stated Percentage						2.32%
Repayments of Unsecured Debt			$ 300,000,000
Number of Term Loans | Loan						1
Debt Instrument Maturity Year						2022
Debt Instrument Maturity Period						2020-01
Unsecured Debt [Member] | Wells Fargo Term Loan | Minimum [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate						0.90%
Unsecured Debt [Member] | Wells Fargo Term Loan | Maximum [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate						1.75%
Unsecured Debt [Member] | Key Bank Term Loan
Debt Instrument [Line Items]
Repayments of Unsecured Debt	$ 150,000
Unsecured Debt [Member] | U S Bank Term Loan [Member]
Debt Instrument [Line Items]
Repayments of Unsecured Debt		150,000,000
Mortgage maturing in February 2049 [Member] | Secured Debt [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Effective Percentage						4.43%
Proceeds from Loan Originations						$ 191,300,000
Number of apartment communities | ApartmentUnit						7
Secured Debt [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Effective Percentage						4.50%
Secured Debt [Member] | Fixed Rate Debt Senior Notes [Member]
Debt Instrument [Line Items]
Debt Instrument, Maturity Date						Apr. 2, 2037
Debt Instrument, Interest Rate, Effective Percentage						4.50%
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate						$ 629,817,000	$ 476,161,000
Secured Debt [Member] | Mortgages [Member]
Debt Instrument [Line Items]
Repayments of Secured Debt		$ 13,200,000			$ 17,200,000

Borrowings (Scheduled Principal

Borrowings (Scheduled Principal Repayments on Borrowings) (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Debt Instrument [Line Items]
2020	$ 207,785
2021	189,510
2022	665,303
2023	361,244
2024	420,057
Thereafter	2,610,699
Total Outstanding Debt	4,454,598	$ 4,528,328
Maturities
Debt Instrument [Line Items]
2020	211,108
2021	192,903
2022	668,401
2023	363,731
2024	421,566
Thereafter	2,614,108
Total Outstanding Debt	4,471,817
Amortization Other [Member]
Debt Instrument [Line Items]
2020	(3,323)
2021	(3,393)
2022	(3,098)
2023	(2,487)
2024	(1,509)
Thereafter	(3,409)
Total Outstanding Debt	$ (17,219)

Financial Instruments and Der_3

Financial Instruments and Derivatives - Additional Information (Details)	12 Months Ended
	Dec. 31, 2019USD ($)Contract$ / shares	Dec. 31, 2018USD ($)
Derivative [Line Items]
Preferred Stock, Redemption Price Per Share | $ / shares	$ 50
Preferred Stock, Redemption Date	Oct. 1, 2026
Net Liability Position [Member]
Derivative [Line Items]
Credit Risk Related Contingent Features Termination Value	$ 0
Fair Value, Measurements, Recurring [Member]
Derivative [Line Items]
Embedded Derivative, Fair Value of Embedded Derivative Asset	36,500,000	$ 18,600,000
Fair Value, Measurements, Recurring [Member] | Other Assets [Member]
Derivative [Line Items]
Interest Rate Derivative Assets, at Fair Value	100,000	3,700,000
Fair Value, Measurements, Recurring [Member] | Accrued Expenses and Other Liabilities [Member]
Derivative [Line Items]
Interest Rate Derivative Liabilities, at Fair Value	0	5,300,000
Designated as Hedging Instrument | Interest Expense
Derivative [Line Items]
Change in fair value of interest rate derivatives included in AOCI and expected to be reclassified in the next 12 months	$ 1,100,000
Designated as Hedging Instrument | Interest Rate Swap [Member]
Derivative [Line Items]
Derivative, Number of Instruments Held | Contract	4
Derivative, Notional Amount	$ 300,000,000
Conventional Variable Rate Debt [Member] | Minimum [Member]
Derivative [Line Items]
Debt Renewal Period	30 days
Conventional Variable Rate Debt [Member] | Maximum [Member]
Derivative [Line Items]
Debt Renewal Period	90 days
Fixed Rate Debt [Member]
Derivative [Line Items]
Notes Payable Excluding Interest Rate Swaps and Cap Agreements	$ 4,100,000,000	3,100,000,000
Notes Payable, Fair Value Disclosure	4,500,000,000	3,100,000,000
Floating Rate Debt [Member]
Derivative [Line Items]
Notes Payable Excluding Interest Rate Swaps and Cap Agreements	400,000,000	1,100,000,000
Notes Payable, Fair Value Disclosure	$ 400,000,000	$ 1,100,000,000

Financial Instruments and Der_4

Financial Instruments and Derivatives - Effect of Derivative Instruments on Consolidated Statement of Operations (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Derivative [Line Items]
Unrealized (loss) gain from the effective portion of derivative instruments	$ (11,676)	$ (751)	$ 319
Designated as Hedging Instrument | Interest Expense
Derivative [Line Items]
Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)	1,747	1,938	(730)
Designated as Hedging Instrument | Interest Rate Contract
Derivative [Line Items]
Unrealized (loss) gain from the effective portion of derivative instruments	(11,676)	(751)	319
Not Designated as Hedging Instrument | Interest Expense
Derivative [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Income, Net	$ 17,886	$ (2,576)	$ 8,807

Income Taxes Reconciliation of

Income Taxes Reconciliation of Income Tax Attributable to Continuing Operations (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Investments, Owned, Federal Income Tax Note
Income tax expense/(benefit)	$ 3,696	$ 2,611	$ 2,619
Subsidiary of Common Parent
Investments, Owned, Federal Income Tax Note
Tax expense at U.S. statutory rates on the Company's TRS income subject to tax	1,026	115	2,177
Valuation Allowance Change in Amount		127	$ 2,177
Income tax expense/(benefit)	$ 1,026	$ 242

Income Taxes (Textual) (Details

Income Taxes (Textual) (Details) - Parent Company - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Investments, Owned, Federal Income Tax Note
Income tax expense	$ 3.7	$ 2.6	$ 2.6
Operating Loss Carryforwards	$ 70.8	$ 71.5
Tax expense/(benefit) at U.S. statutory rates on TRS income subject to tax	21.00%

Income Taxes (Taxability of Cas

Income Taxes (Taxability of Cash Distributions Paid on Common Shares) (Details) - Parent Company - $ / shares	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Investments, Owned, Federal Income Tax Note
Ordinary income (dollars per share)	$ 3.51	$ 3.66	$ 2.79
Return of capital (dollars per share)	0.21	0.02	0.31
Un-recaptured Section 1250 gain dividends per share	0.12	0.01	0.38
Total (dollars per share)	$ 3.84	$ 3.69	$ 3.48
Ordinary income (percentage per share)	91.40%	99.30%	80.20%
Return of capital (percentage per share)	5.50%	0.60%	8.90%
Un-recaptured Section 1250 gain dividends per share percentage	3.10%	0.10%	10.90%
Total (percentage per share)	100.00%	100.00%	100.00%

Shareholders' Equity of MAA - A

Shareholders' Equity of MAA - Additional Information (Details) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Equity [Line Items]
Common stock, shares outstanding	114,246,393	113,844,267
Total common shares and operating partnership units outstanding	118,313,567	117,955,568
Common stock, shares authorized	145,000,000	145,000,000
At The Market Offering
Equity [Line Items]
Common stock shares sold	146,301
Net proceeds from share issued	$ 19,600,000
Remaining common stock to sale	3,900,000
Maximum [Member] | At The Market Offering
Equity [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized	4,000,000
Dividend And Distribution Reinvestment And Share Purchase Plan
Equity [Line Items]
Common stock issued for shareholders to reinvest distributions (shares)	16,219	9,721	9,568
Dividend And Distribution Reinvestment And Share Purchase Plan | Minimum [Member]
Equity [Line Items]
Optional cash investments in common shares	$ 250
Dividend And Distribution Reinvestment And Share Purchase Plan | Maximum [Member]
Equity [Line Items]
Optional cash investments in common shares	$ 5,000
Common stock, shares authorized	1,940,500
Discount rate on sale of common stock (percent)	5.00%
Noncontrolling Interest [Member]
Equity [Line Items]
Common Shares Issuable Upon Conversion Of Convertible Stock	4,067,174	4,111,301

Shareholders' Equity of MAA - S

Shareholders' Equity of MAA - Schedule of Cumulative Redeemable Preferred Stock (Details) - $ / shares	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Equity [Line Items]
Preferred Stock, Shares Outstanding	867,846	867,846
Preferred Stock, Liquidation Preference Per Share	$ 50	$ 50
Preferred Stock, Redemption Date	Oct. 1, 2026
Preferred Stock, Redemption Price Per Share	$ 50
Preferred Stock, Dividend Rate, Percentage	8.50%	8.50%
Preferred Stock, Dividend Rate, Per-Dollar-Amount	$ 4.25
Redeemable Preferred Stock [Member]
Equity [Line Items]
Preferred Stock, Shares Outstanding	867,846

Shareholders' Equity of MAA -_2

Shareholders' Equity of MAA - Schedule of Cumulative Redeemable Preferred Stock (Parenthetical) (Details) $ in Millions	Dec. 31, 2019USD ($)
M A A Equity [Abstract]
Preferred Stock, Liquidation Preference, Value	$ 43.4

Partners' Capital of MAALP - Ad

Partners' Capital of MAALP - Additional Information (Details) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Scheduleof Capital Structure [Line Items]
Operating partnership units outstanding	118,313,567	117,955,568
General Partners' Capital Account, Units Outstanding	114,246,393	113,844,267
Limited Partners' Capital Account, Units Outstanding	4,067,174	4,111,301
Preferred Stock, Shares Outstanding	867,846	867,846
Redeemable Preferred Stock [Member]
Scheduleof Capital Structure [Line Items]
Preferred Stock, Shares Outstanding	867,846
Noncontrolling Interest [Member]
Scheduleof Capital Structure [Line Items]
Common Shares Issuable Upon Conversion Of Convertible Stock	4,067,174	4,111,301
Redeemable Capital Shares Par Or Stated Value Per Share	$ 131.86	$ 95.70
Limited Partners' Capital Account	$ 536.3	$ 393.5
M A A L P
Scheduleof Capital Structure [Line Items]
Limited Liability Company (LLC) or Limited Partnership (LP), Managing Member or General Partner, Ownership Interest	96.60%	96.50%

Employee Benefit Plans (Details

Employee Benefit Plans (Details) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2019USD ($)Installment$ / sharesshares	Dec. 31, 2018USD ($)$ / sharesshares	Dec. 31, 2017USD ($)$ / sharesshares
Defined Benefit Plan Disclosure [Line Items]
Employer contribution for defined contribution plan	$ 3.5	$ 3.2	$ 2.8
Employee Stock Ownership Plan, common stock, fair value	$ 17.3
Employee Stock Ownership Plan, common stock, shares outstanding (shares) | shares	131,165
Nonqualified Deferred Compensation Plan
Defined Benefit Plan Disclosure [Line Items]
Deferred compensation expense	$ 0.3	$ 0.3	$ 0.2
Number of annual installments of deferred compensation (installment) | Installment	2
Number of days after departure from board of directors for payment of deferred compensation (days)	90 days
Outside Directors
Defined Benefit Plan Disclosure [Line Items]
Number of deferred common stock (shares) | shares	10,738	12,240	12,293
Vested | $ / shares	$ 117.73	$ 92.63	$ 101.34

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Loss Contingencies [Line Items]
Loss Contingency Accrual	$ 8.6	$ 8.7
Cleven Litigation Case [Member]
Loss Contingencies [Line Items]
Loss Contingency, Estimate of Possible Loss	54.6
Brown Litigation Case [Member]
Loss Contingencies [Line Items]
Loss Contingency, Estimate of Possible Loss	$ 8.4
Apartment Communities [Member]
Loss Contingencies [Line Items]
Lease expiration year	2074
Office Lease [Member]
Loss Contingencies [Line Items]
Lease expiration year	2028

Commitments and Contingencies_2

Commitments and Contingencies - Schedule of Operating Lease Obligations (Details) $ in Thousands	Dec. 31, 2019USD ($)
Loss Contingency [Abstract]
Operating Leases, Future Minimum Payments Due, Next Twelve Months	$ 2,825
Operating Leases, Future Minimum Payments, Due in Two Years	2,854
Operating Leases, Future Minimum Payments, Due in Three Years	2,885
Operating Leases, Future Minimum Payments, Due in Four Years	2,875
Operating Leases, Future Minimum Payments, Due in Five Years	2,853
Operating Leases, Future Minimum Payments, Due Thereafter	65,863
Operating Leases, Future Minimum Payments Due	80,155
Net present value adjustments	(47,036)
Operating Lease, Liability	$ 33,119

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($)	Dec. 31, 2019	Dec. 31, 2018
Related Party Transactions [Abstract]
Due to related parties, Current	$ 19,000	$ 19,000

Segment Information - Additiona

Segment Information - Additional Information (Details)	12 Months Ended
	Dec. 31, 2019CommunitieStateSegment
Segment Reporting Information [Line Items]
Number of owned or owned interests of apartment communities | Communitie	299
Number of States in which Entity Operates | State	16
Number of reportable segments | Segment	2
Period properties owned and stabilized	12 months
Occupancy Level for Stabilized Communities	90.00%
Period Properties Stabilized	90 days
Same Store [Member]
Segment Reporting Information [Line Items]
Period properties owned and stabilized	12 months

Segment Information - Revenues

Segment Information - Revenues and NOI for Reportable Segment (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018		Dec. 31, 2017
Segment Information
Total operating revenues	$ 1,641,017	$ 1,571,346		$ 1,528,987
Net Operating Income	1,028,172	976,758		952,256
Depreciation and amortization	(496,843)	(489,759)		(493,708)
Other Cost and Expense, Operating	(55,011)	(47,633)		(43,588)
General and administrative expense	(46,121)	(34,786)		(40,194)
Business Combination, Merger and Integration Related Expenses	0	(9,112)		(19,990)
Interest expense	(179,847)	(173,594)		(154,751)
Gain (loss) on sale of depreciable real estate assets	80,988	(39)		127,386
Gain on sale of non-depreciable real estate assets	12,047	4,532		21
Other non-operating income	25,275	5,434		14,353
Income tax expense	(3,696)	(2,611)		(2,619)
Gain (loss) from real estate joint ventures	1,654	1,832		1,370
Net income attributable to noncontrolling interests	(12,807)	(8,123)		(12,157)
Preferred Stock Dividends, Income Statement Impact	(3,688)	(3,688)		(3,688)
Net income available for MAA common shareholders	350,123	219,211		324,691
Same Store [Member]
Segment Information
Revenue from Contract with Customer, Including Assessed Tax	1,505,775	1,364,744		1,313,836
Property Management Fee Revenue	94,700	91,020	[1]	88,774	[1]
Other Operating Income	12,100	11,696		12,229
Total operating revenues	1,517,875	1,467,460		1,414,839
Net Operating Income	956,075	921,240		889,176
Non-Same Store and Other
Segment Information
Revenue from Contract with Customer, Including Assessed Tax	121,829	99,281		105,865
Property Management Fee Revenue	4,200	3,744	[1]	5,282	[1]
Other Operating Income	1,313	861		3,001
Total operating revenues	123,142	103,886		114,148
Net Operating Income	$ 72,097	$ 55,518		$ 63,080
[1]	(1)

Segment Information - Revenue_2

Segment Information - Revenues and NOI for Reportable Segment (Parenthetical) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	[1]	Dec. 31, 2017	[1]
Same Store [Member]
Segment Reporting Reconciling Item For Operating Profit Loss From Segment To Consolidated [Line Items]
Reimbursable property revenues	$ 94,700	$ 91,020		$ 88,774
Non-Same Store and Other
Segment Reporting Reconciling Item For Operating Profit Loss From Segment To Consolidated [Line Items]
Reimbursable property revenues	$ 4,200	$ 3,744		$ 5,282
[1]	(1)

Segment Information - Assets fo

Segment Information - Assets for Reportable Segment (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Segment Reporting Asset Reconciling Item [Line Items]
Total assets	$ 11,230,450	$ 11,323,781
Same Store [Member]
Segment Reporting Asset Reconciling Item [Line Items]
Total assets	9,661,935	9,921,270
Non-Same Store and Other
Segment Reporting Asset Reconciling Item [Line Items]
Total assets	1,362,974	1,233,351
Corporate assets
Segment Reporting Asset Reconciling Item [Line Items]
Total assets	$ 205,541	$ 169,160

Real Estate Acquisitions and _3

Real Estate Acquisitions and Dispositions - Schedule of Real Estate Asset Acquisitions and Dispositions (Details)	12 Months Ended
	Dec. 31, 2019ft²aApartmentUnit
Little Rock, AR [Member] | Multifamily [Member] | Calais Forest [Member]
Acquisitions and Disposals [Line Items]
Number of Units in Real Estate Property	260
Disposal Date	2019-11
Little Rock, AR [Member] | Multifamily [Member] | Napa Valley [Member]
Acquisitions and Disposals [Line Items]
Number of Units in Real Estate Property	240
Disposal Date	2019-11
Little Rock, AR [Member] | Multifamily [Member] | Palisades at Chenal Valley [Member]
Acquisitions and Disposals [Line Items]
Number of Units in Real Estate Property	248
Disposal Date	2019-12
Little Rock, AR [Member] | Multifamily [Member] | Ridge at Chenal Valley [Member]
Acquisitions and Disposals [Line Items]
Number of Units in Real Estate Property	312
Disposal Date	2019-10
Little Rock, AR [Member] | Multifamily [Member] | Westside Creek [Member]
Acquisitions and Disposals [Line Items]
Number of Units in Real Estate Property	308
Disposal Date	2019-11
Memphis, TN [Member] | Commercial [Member] | Poplar Avenue Office [Member]
Acquisitions and Disposals [Line Items]
Square footage of real estate property | ft²	42,000
Disposal Date	2019-03
Atlanta, GA [Member] | Land [Member] | Peachtree Road - Outparcel [Member]
Acquisitions and Disposals [Line Items]
Area of Land | a	1
Disposal Date	2019-02
Huntsville, AL [Member] | Land [Member] | Colonial Promenade - Outparcel [Member]
Acquisitions and Disposals [Line Items]
Area of Land | a	4
Disposal Date	2019-04
Huntsville, AL [Member] | Land [Member] | Forty Seven Canal Place - Outparcel [Member]
Acquisitions and Disposals [Line Items]
Area of Land | a	45
Disposal Date	2019-10
Huntsville, AL [Member] | Land [Member] | Craft Farms - Outparcel [Member]
Acquisitions and Disposals [Line Items]
Area of Land | a	33
Disposal Date	2019-12
The Greene [Member] | Greenville, SC [Member] | Multifamily [Member]
Acquisitions and Disposals [Line Items]
Number of Units in Real Estate Property	271
Acquisition Date	2019-11
Jefferson Sand Lake [Member] | Orlando, FL | Multifamily [Member]
Acquisitions and Disposals [Line Items]
Number of Units in Real Estate Property	264	[1]
Acquisition Date	2019-10	[1]
Novel Midtown [Member] | Phoenix, AZ | Multifamily [Member]
Acquisitions and Disposals [Line Items]
Number of Units in Real Estate Property	345	[2]
Acquisition Date	2019-02	[2]
220 Riverside Retail [Member] | Jacksonville, FL | Commercial [Member]
Acquisitions and Disposals [Line Items]
Square footage of real estate property | ft²	14,941	[3]
Acquisition Date	2019-08	[3]
North Orange Avenue Outparcel [Member] | Orlando, FL | Land [Member]
Acquisitions and Disposals [Line Items]
Area of Land | a	2
Acquisition Date	2019-04
[1]	This pre-purchase multifamily community development is being developed through a joint venture with a local developer. The Company owns 95% of the joint venture that owns this property.
[2]	This pre-purchase multifamily community development is being developed through a joint venture with a local developer. The Company owns 80% of the joint venture that owns this property.
[3]	The Company acquired the ground floor retail portion of one of its existing multifamily apartment communities

Real Estate Acquisitions and _4

Real Estate Acquisitions and Dispositions - Schedule of Real Estate Asset Acquisitions and Dispositions (Parenthetical) (Details)	Dec. 31, 2019
Jefferson Sand Lake [Member]
Acquisitions and Disposals [Line Items]
Joint venture interest	95.00%
Novel Midtown [Member]
Acquisitions and Disposals [Line Items]
Joint venture interest	80.00%

Selected Quarterly Financial _3

Selected Quarterly Financial Information (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Condensed Financial Statements Captions [Line Items]
Rental and other property revenues									$ 1,641,017	$ 1,571,346	$ 1,528,987
Net income									366,618	231,022	340,536
Net income available for MAA common shareholders									$ 353,811	$ 222,899	$ 328,379
Net income available for MAA common shareholders									$ 3.07	$ 1.93	$ 2.86
Net income available for MAA common shareholders									$ 3.07	$ 1.93	$ 2.86
Limited Partner [Member]
Condensed Financial Statements Captions [Line Items]
Rental and other property revenues	$ 416,817	$ 415,632	$ 407,390	$ 401,178	$ 398,148	$ 397,108	$ 390,073	$ 386,017	$ 1,641,017	$ 1,571,346	$ 1,528,987
Net income	$ 155,060	$ 81,459	$ 64,141	$ 65,958	$ 63,517	$ 54,704	$ 61,981	$ 50,820	$ 366,618	$ 231,022	$ 340,536
Net income available for MAA common shareholders	$ 1.30	$ 0.68	$ 0.53	$ 0.55	$ 0.53	$ 0.46	$ 0.52	$ 0.42	$ 3.07	$ 1.93	$ 2.86
Net income available for MAA common shareholders	$ 1.30	$ 0.68	$ 0.53	$ 0.55	$ 0.53	$ 0.46	$ 0.52	$ 0.42	$ 3.07	$ 1.93	$ 2.86
Net income available for MAALP common unitholders	$ 154,002	$ 80,537	$ 63,219	$ 65,036	$ 62,595	$ 53,782	$ 61,059	$ 49,898	$ 366,482	$ 231,022	$ 340,536
Parent Company
Condensed Financial Statements Captions [Line Items]
Rental and other property revenues	416,817	415,632	407,390	401,178	398,148	397,108	390,073	386,017
Net income	155,060	81,459	64,141	65,958	63,517	54,704	61,981	50,820
Net income available for MAA common shareholders	$ 148,667	$ 77,723	$ 60,995	$ 62,738	$ 60,360	$ 51,869	$ 58,885	$ 48,097
Net income available for MAA common shareholders	$ 1.30	$ 0.68	$ 0.53	$ 0.55	$ 0.53	$ 0.46	$ 0.52	$ 0.42
Net income available for MAA common shareholders	$ 1.30	$ 0.68	$ 0.53	$ 0.55	$ 0.53	$ 0.46	$ 0.52	$ 0.42

Schedule III Real Estate and _2

Schedule III Real Estate and Accumulated Depreciation (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Real Estate And Accumulated Depreciation [Line Items]
Total		$ 13,898,707	$ 13,656,807	$ 13,292,039	$ 12,972,170
Accumulated Depreciation		(2,955,253)	$ (2,549,287)	$ (2,075,071)	$ (1,674,801)
Total Retail/Commercial Properties
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost Land		32,349
Initial Cost Buildings and Fixtures		170,859
Gross Amount, Land		33,266
Gross Amount, Buildings and Fixtures		195,410
Total	[1]	228,676
Accumulated Depreciation	[2]	(27,506)
Net		201,170
Total Retail/Commercial Properties | Land [Member]
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		917
Total Retail/Commercial Properties | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		24,551
Total Real Estate Assets Net Of Joint
Real Estate And Accumulated Depreciation [Line Items]
Encumbrances		145,473
Initial Cost Land		1,934,102
Initial Cost Buildings and Fixtures		10,112,798
Gross Amount, Land		1,940,305
Gross Amount, Buildings and Fixtures		11,958,402
Total	[1]	13,898,707
Accumulated Depreciation	[2]	(2,955,253)
Net		10,943,454
Total Real Estate Assets Net Of Joint | Land [Member]
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		6,203
Total Real Estate Assets Net Of Joint | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 1,845,604
Wholly Owned Properties - Residential | Birchall At Ross Bridge
Real Estate And Accumulated Depreciation [Line Items]
Location		Birmingham, AL
Initial Cost Land		$ 2,640
Initial Cost Buildings and Fixtures		28,842
Gross Amount, Land		2,640
Gross Amount, Buildings and Fixtures		30,983
Total	[1]	33,623
Accumulated Depreciation	[2]	(8,991)
Net		$ 24,632
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2009
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2011
Wholly Owned Properties - Residential | Birchall At Ross Bridge | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,141
Wholly Owned Properties - Residential | Colonial Grand At Riverchase Trails
Real Estate And Accumulated Depreciation [Line Items]
Location		Birmingham, AL
Initial Cost Land		$ 3,761
Initial Cost Buildings and Fixtures		22,079
Gross Amount, Land		3,761
Gross Amount, Buildings and Fixtures		26,640
Total	[1]	30,401
Accumulated Depreciation	[2]	(8,107)
Net		$ 22,294
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2010
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand At Riverchase Trails | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 4,561
Wholly Owned Properties - Residential | Colonial Village At Trussville
Real Estate And Accumulated Depreciation [Line Items]
Location		Birmingham, AL
Initial Cost Land		$ 3,402
Initial Cost Buildings and Fixtures		31,813
Gross Amount, Land		3,402
Gross Amount, Buildings and Fixtures		35,100
Total	[1]	38,502
Accumulated Depreciation	[2]	(9,866)
Net		$ 28,636
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Village At Trussville | Phase I [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1996
Wholly Owned Properties - Residential | Colonial Village At Trussville | Phase II [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1997
Wholly Owned Properties - Residential | Colonial Village At Trussville | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 3,287
Wholly Owned Properties - Residential | Eagle Ridge
Real Estate And Accumulated Depreciation [Line Items]
Location		Birmingham, AL
Initial Cost Land		$ 851
Initial Cost Buildings and Fixtures		7,667
Gross Amount, Land		851
Gross Amount, Buildings and Fixtures		12,403
Total	[1]	13,254
Accumulated Depreciation	[2]	(8,302)
Net		$ 4,952
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1986
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 1998
Wholly Owned Properties - Residential | Eagle Ridge | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 4,736
Wholly Owned Properties - Residential | Colonial Grand At Traditions
Real Estate And Accumulated Depreciation [Line Items]
Location		Gulf Shores,AL
Initial Cost Land		$ 3,211
Initial Cost Buildings and Fixtures		25,162
Gross Amount, Land		3,211
Gross Amount, Buildings and Fixtures		28,037
Total	[1]	31,248
Accumulated Depreciation	[2]	(8,408)
Net		$ 22,840
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2007
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand At Traditions | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,875
Wholly Owned Properties - Residential | Colonial Grand At Edgewater
Real Estate And Accumulated Depreciation [Line Items]
Location		Huntsville, AL
Initial Cost Land		$ 4,943
Initial Cost Buildings and Fixtures		38,673
Gross Amount, Land		4,943
Gross Amount, Buildings and Fixtures		45,161
Total	[1]	50,104
Accumulated Depreciation	[2]	(11,276)
Net		$ 38,828
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1990
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand At Edgewater | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 6,488
Wholly Owned Properties - Residential | Paddock Clubat Providence
Real Estate And Accumulated Depreciation [Line Items]
Location		Huntsville, AL
Initial Cost Land		$ 909
Initial Cost Buildings and Fixtures		10,152
Gross Amount, Land		1,739
Gross Amount, Buildings and Fixtures		24,735
Total	[1]	26,474
Accumulated Depreciation	[2]	(15,146)
Net		$ 11,328
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1993
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 1997
Wholly Owned Properties - Residential | Paddock Clubat Providence | Land [Member]
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 830
Wholly Owned Properties - Residential | Paddock Clubat Providence | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 14,583
Wholly Owned Properties - Residential | Colonial Grand At Madison
Real Estate And Accumulated Depreciation [Line Items]
Location		Madison, AL
Initial Cost Land		$ 3,601
Initial Cost Buildings and Fixtures		28,934
Gross Amount, Land		3,601
Gross Amount, Buildings and Fixtures		30,783
Total	[1]	34,384
Accumulated Depreciation	[2]	(8,864)
Net		$ 25,520
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2000
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand At Madison | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 1,849
Wholly Owned Properties - Residential | Cypress Village
Real Estate And Accumulated Depreciation [Line Items]
Location		Orange Beach, AL
Initial Cost Land		$ 1,290
Initial Cost Buildings and Fixtures		12,238
Gross Amount, Land		1,290
Gross Amount, Buildings and Fixtures		14,255
Total	[1]	15,545
Accumulated Depreciation	[2]	(3,746)
Net		$ 11,799
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2008
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Cypress Village | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,017
Wholly Owned Properties - Residential | Colonial Grand At Liberty Park
Real Estate And Accumulated Depreciation [Line Items]
Location		Vestavia Hills, AL
Initial Cost Land		$ 3,922
Initial Cost Buildings and Fixtures		30,977
Gross Amount, Land		3,922
Gross Amount, Buildings and Fixtures		36,923
Total	[1]	40,845
Accumulated Depreciation	[2]	(10,703)
Net		$ 30,142
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2000
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand At Liberty Park | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 5,946
Wholly Owned Properties - Residential | Edge At Lyons Gate
Real Estate And Accumulated Depreciation [Line Items]
Location		Phoenix, AZ
Initial Cost Land		$ 7,901
Initial Cost Buildings and Fixtures		27,182
Gross Amount, Land		7,901
Gross Amount, Buildings and Fixtures		30,078
Total	[1]	37,979
Accumulated Depreciation	[2]	(11,872)
Net		$ 26,107
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2007
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2008
Wholly Owned Properties - Residential | Edge At Lyons Gate | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,896
Wholly Owned Properties - Residential | Residencesat Fountainhead
Real Estate And Accumulated Depreciation [Line Items]
Location		Phoenix, AZ
Initial Cost Land		$ 12,212
Initial Cost Buildings and Fixtures		56,705
Gross Amount, Land		12,212
Gross Amount, Buildings and Fixtures		57,837
Total	[1]	70,049
Accumulated Depreciation	[2]	(6,366)
Net		$ 63,683
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2015
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | Residencesat Fountainhead | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 1,132
Wholly Owned Properties - Residential | Sky View Ranch
Real Estate And Accumulated Depreciation [Line Items]
Location		Gilbert, AZ
Initial Cost Land		$ 2,668
Initial Cost Buildings and Fixtures		14,577
Gross Amount, Land		2,668
Gross Amount, Buildings and Fixtures		17,086
Total	[1]	19,754
Accumulated Depreciation	[2]	(6,531)
Net		$ 13,223
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2007
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2009
Wholly Owned Properties - Residential | Sky View Ranch | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,509
Wholly Owned Properties - Residential | Talus Ranch
Real Estate And Accumulated Depreciation [Line Items]
Location		Phoenix, AZ
Initial Cost Land		$ 12,741
Initial Cost Buildings and Fixtures		47,701
Gross Amount, Land		12,741
Gross Amount, Buildings and Fixtures		51,759
Total	[1]	64,500
Accumulated Depreciation	[2]	(22,976)
Net		$ 41,524
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2005
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2006
Wholly Owned Properties - Residential | Talus Ranch | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 4,058
Wholly Owned Properties - Residential | Colonial Grand At Inverness Commons
Real Estate And Accumulated Depreciation [Line Items]
Location		Mesa, AZ
Initial Cost Land		$ 4,219
Initial Cost Buildings and Fixtures		26,255
Gross Amount, Land		4,219
Gross Amount, Buildings and Fixtures		28,598
Total	[1]	32,817
Accumulated Depreciation	[2]	(7,720)
Net		$ 25,097
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2002
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand At Inverness Commons | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,343
Wholly Owned Properties - Residential | Colonial Grand At Scottsdale
Real Estate And Accumulated Depreciation [Line Items]
Location		Scottsdale, AZ
Initial Cost Land		$ 3,612
Initial Cost Buildings and Fixtures		20,273
Gross Amount, Land		3,612
Gross Amount, Buildings and Fixtures		22,763
Total	[1]	26,375
Accumulated Depreciation	[2]	(6,313)
Net		$ 20,062
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1999
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand At Scottsdale | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,490
Wholly Owned Properties - Residential | Colonial Grandat Old Town Scottsdale
Real Estate And Accumulated Depreciation [Line Items]
Location		Scottsdale, AZ
Initial Cost Land		$ 7,820
Initial Cost Buildings and Fixtures		51,627
Gross Amount, Land		7,820
Gross Amount, Buildings and Fixtures		56,860
Total	[1]	64,680
Accumulated Depreciation	[2]	(15,311)
Net		$ 49,369
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grandat Old Town Scottsdale | Phase I [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1994
Wholly Owned Properties - Residential | Colonial Grandat Old Town Scottsdale | Phase II [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1995
Wholly Owned Properties - Residential | Colonial Grandat Old Town Scottsdale | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 5,233
Wholly Owned Properties - Residential | Sky Song
Real Estate And Accumulated Depreciation [Line Items]
Location		Scottsdale, AZ
Initial Cost Buildings and Fixtures		$ 55,748
Gross Amount, Buildings and Fixtures		57,890
Total	[1]	57,890
Accumulated Depreciation	[2]	(7,075)
Net		$ 50,815
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2014
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2015
Wholly Owned Properties - Residential | Sky Song | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,142
Wholly Owned Properties - Residential | Sync36 I
Real Estate And Accumulated Depreciation [Line Items]
Location		Denver, CO
Initial Cost Land		$ 18,887
Initial Cost Buildings and Fixtures		81,317
Gross Amount, Land		19,021
Gross Amount, Buildings and Fixtures		85,942
Total	[1]	104,963
Accumulated Depreciation	[2]	(4,201)
Net		$ 100,762
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2017
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2018
Wholly Owned Properties - Residential | Sync36 I | Land [Member]
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 134
Wholly Owned Properties - Residential | Sync36 I | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 4,625
Wholly Owned Properties - Residential | Sync36 I I
Real Estate And Accumulated Depreciation [Line Items]
Location		Denver, CO
Initial Cost Land		$ 5,090
Gross Amount, Land		5,090
Gross Amount, Buildings and Fixtures		16,726
Total	[1]	21,816
Accumulated Depreciation	[2]	(228)
Net		$ 21,588
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2019
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2018
Wholly Owned Properties - Residential | Sync36 I I | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 16,726
Wholly Owned Properties - Residential | Post River North [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Denver, CO
Initial Cost Land		$ 14,500
Initial Cost Buildings and Fixtures		28,900
Gross Amount, Land		14,500
Gross Amount, Buildings and Fixtures		73,049
Total	[1]	87,549
Accumulated Depreciation	[2]	(5,147)
Net		$ 82,402
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2018
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | Post River North [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 44,149
Wholly Owned Properties - Residential | Tiffany Oaks
Real Estate And Accumulated Depreciation [Line Items]
Location		Altamonte Springs, FL
Initial Cost Land		$ 1,024
Initial Cost Buildings and Fixtures		9,219
Gross Amount, Land		1,024
Gross Amount, Buildings and Fixtures		14,945
Total	[1]	15,969
Accumulated Depreciation	[2]	(10,732)
Net		$ 5,237
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1985
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 1996
Wholly Owned Properties - Residential | Tiffany Oaks | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 5,726
Wholly Owned Properties - Residential | Indigo Point
Real Estate And Accumulated Depreciation [Line Items]
Location		Brandon, FL
Initial Cost Land		$ 1,167
Initial Cost Buildings and Fixtures		10,500
Gross Amount, Land		1,167
Gross Amount, Buildings and Fixtures		14,823
Total	[1]	15,990
Accumulated Depreciation	[2]	(9,602)
Net		$ 6,388
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1989
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2000
Wholly Owned Properties - Residential | Indigo Point | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 4,323
Wholly Owned Properties - Residential | Paddock Club Brandon
Real Estate And Accumulated Depreciation [Line Items]
Location		Brandon, FL
Initial Cost Land		$ 2,896
Initial Cost Buildings and Fixtures		26,111
Gross Amount, Land		2,896
Gross Amount, Buildings and Fixtures		32,976
Total	[1]	35,872
Accumulated Depreciation	[2]	(21,933)
Net		$ 13,939
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1998
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 1997
Wholly Owned Properties - Residential | Paddock Club Brandon | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 6,865
Wholly Owned Properties - Residential | Colonial Grand At Lakewood Ranch
Real Estate And Accumulated Depreciation [Line Items]
Location		Bradenton, FL
Initial Cost Land		$ 2,980
Initial Cost Buildings and Fixtures		40,230
Gross Amount, Land		2,980
Gross Amount, Buildings and Fixtures		44,464
Total	[1]	47,444
Accumulated Depreciation	[2]	(11,937)
Net		$ 35,507
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1999
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand At Lakewood Ranch | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 4,234
Wholly Owned Properties - Residential | Preserve At Coral Square
Real Estate And Accumulated Depreciation [Line Items]
Location		Coral Springs, FL
Initial Cost Land		$ 9,600
Initial Cost Buildings and Fixtures		40,004
Gross Amount, Land		9,600
Gross Amount, Buildings and Fixtures		51,577
Total	[1]	61,177
Accumulated Depreciation	[2]	(26,530)
Net		$ 34,647
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1996
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2004
Wholly Owned Properties - Residential | Preserve At Coral Square | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 11,573
Wholly Owned Properties - Residential | Paddock Club Gainesville
Real Estate And Accumulated Depreciation [Line Items]
Location		Gainesville, FL
Initial Cost Land		$ 1,800
Initial Cost Buildings and Fixtures		15,879
Gross Amount, Land		1,800
Gross Amount, Buildings and Fixtures		21,000
Total	[1]	22,800
Accumulated Depreciation	[2]	(10,970)
Net		$ 11,830
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1999
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 1998
Wholly Owned Properties - Residential | Paddock Club Gainesville | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 5,121
Wholly Owned Properties - Residential | Retreat At Magnolia Park
Real Estate And Accumulated Depreciation [Line Items]
Location		Gainesville, FL
Initial Cost Land		$ 2,040
Initial Cost Buildings and Fixtures		16,338
Gross Amount, Land		2,040
Gross Amount, Buildings and Fixtures		17,325
Total	[1]	19,365
Accumulated Depreciation	[2]	(5,221)
Net		$ 14,144
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2009
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2011
Wholly Owned Properties - Residential | Retreat At Magnolia Park | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 987
Wholly Owned Properties - Residential | Colonial Grand At Heathrow
Real Estate And Accumulated Depreciation [Line Items]
Location		Heathrow, FL
Initial Cost Land		$ 4,101
Initial Cost Buildings and Fixtures		35,684
Gross Amount, Land		4,101
Gross Amount, Buildings and Fixtures		39,737
Total	[1]	43,838
Accumulated Depreciation	[2]	(11,024)
Net		$ 32,814
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1997
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand At Heathrow | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 4,053
Wholly Owned Properties - Residential | A220 Riverside
Real Estate And Accumulated Depreciation [Line Items]
Location		Jacksonville, FL
Initial Cost Land		$ 2,381
Initial Cost Buildings and Fixtures		35,514
Gross Amount, Land		2,381
Gross Amount, Buildings and Fixtures		43,236
Total	[1]	45,617
Accumulated Depreciation	[2]	(4,666)
Net		$ 40,951
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2015
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2012
Wholly Owned Properties - Residential | A220 Riverside | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 7,722
Wholly Owned Properties - Residential | Atlantic Crossing
Real Estate And Accumulated Depreciation [Line Items]
Location		Jacksonville, FL
Initial Cost Land		$ 4,000
Initial Cost Buildings and Fixtures		19,495
Gross Amount, Land		4,000
Gross Amount, Buildings and Fixtures		21,436
Total	[1]	25,436
Accumulated Depreciation	[2]	(6,580)
Net		$ 18,856
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2008
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2011
Wholly Owned Properties - Residential | Atlantic Crossing | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 1,941
Wholly Owned Properties - Residential | Coopers Hawk
Real Estate And Accumulated Depreciation [Line Items]
Location		Jacksonville, FL
Initial Cost Land		$ 854
Initial Cost Buildings and Fixtures		7,500
Gross Amount, Land		854
Gross Amount, Buildings and Fixtures		11,423
Total	[1]	12,277
Accumulated Depreciation	[2]	(8,666)
Net		$ 3,611
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1987
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 1995
Wholly Owned Properties - Residential | Coopers Hawk | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 3,923
Wholly Owned Properties - Residential | Hunters Ridge At Deerwood
Real Estate And Accumulated Depreciation [Line Items]
Location		Jacksonville, FL
Initial Cost Land		$ 1,533
Initial Cost Buildings and Fixtures		13,835
Gross Amount, Land		1,533
Gross Amount, Buildings and Fixtures		19,455
Total	[1]	20,988
Accumulated Depreciation	[2]	(13,462)
Net		$ 7,526
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1987
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 1997
Wholly Owned Properties - Residential | Hunters Ridge At Deerwood | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 5,620
Wholly Owned Properties - Residential | Lakeside
Real Estate And Accumulated Depreciation [Line Items]
Location		Jacksonville, FL
Initial Cost Land		$ 1,430
Initial Cost Buildings and Fixtures		12,883
Gross Amount, Land		1,430
Gross Amount, Buildings and Fixtures		21,708
Total	[1]	23,138
Accumulated Depreciation	[2]	(16,048)
Net		$ 7,090
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1985
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 1996
Wholly Owned Properties - Residential | Lakeside | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 8,825
Wholly Owned Properties - Residential | Lighthouse At Fleming Island
Real Estate And Accumulated Depreciation [Line Items]
Location		Jacksonville, FL
Initial Cost Land		$ 4,047
Initial Cost Buildings and Fixtures		35,052
Gross Amount, Land		4,047
Gross Amount, Buildings and Fixtures		40,766
Total	[1]	44,813
Accumulated Depreciation	[2]	(22,455)
Net		$ 22,358
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2003
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2003
Wholly Owned Properties - Residential | Lighthouse At Fleming Island | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 5,714
Wholly Owned Properties - Residential | Paddock Club Mandarin
Real Estate And Accumulated Depreciation [Line Items]
Location		Jacksonville, FL
Initial Cost Land		$ 1,411
Initial Cost Buildings and Fixtures		14,967
Gross Amount, Land		1,411
Gross Amount, Buildings and Fixtures		18,187
Total	[1]	19,598
Accumulated Depreciation	[2]	(9,988)
Net		$ 9,610
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1998
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 1998
Wholly Owned Properties - Residential | Paddock Club Mandarin | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 3,220
Wholly Owned Properties - Residential | St Augustine
Real Estate And Accumulated Depreciation [Line Items]
Location		Jacksonville, FL
Initial Cost Land		$ 2,857
Initial Cost Buildings and Fixtures		6,475
Gross Amount, Land		2,857
Gross Amount, Buildings and Fixtures		26,138
Total	[1]	28,995
Accumulated Depreciation	[2]	(13,342)
Net		$ 15,653
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 1995
Wholly Owned Properties - Residential | St Augustine | Phase I [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1987
Wholly Owned Properties - Residential | St Augustine | Phase II [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2008
Wholly Owned Properties - Residential | St Augustine | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 19,663
Wholly Owned Properties - Residential | Tattersall At Tapestry Park
Real Estate And Accumulated Depreciation [Line Items]
Location		Jacksonville, FL
Initial Cost Land		$ 6,417
Initial Cost Buildings and Fixtures		36,069
Gross Amount, Land		6,417
Gross Amount, Buildings and Fixtures		37,590
Total	[1]	44,007
Accumulated Depreciation	[2]	(11,060)
Net		$ 32,947
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2009
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2011
Wholly Owned Properties - Residential | Tattersall At Tapestry Park | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 1,521
Wholly Owned Properties - Residential | Woodhollow
Real Estate And Accumulated Depreciation [Line Items]
Location		Jacksonville, FL
Initial Cost Land		$ 1,686
Initial Cost Buildings and Fixtures		15,179
Gross Amount, Land		1,678
Gross Amount, Buildings and Fixtures		24,597
Total	[1]	26,275
Accumulated Depreciation	[2]	(17,793)
Net		$ 8,482
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1986
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 1997
Wholly Owned Properties - Residential | Woodhollow | Land [Member]
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ (8)
Wholly Owned Properties - Residential | Woodhollow | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 9,418
Wholly Owned Properties - Residential | Colonial Grand At Town Park
Real Estate And Accumulated Depreciation [Line Items]
Location		Lake Mary, FL
Initial Cost Land		$ 5,742
Initial Cost Buildings and Fixtures		56,562
Gross Amount, Land		5,742
Gross Amount, Buildings and Fixtures		62,167
Total	[1]	67,909
Accumulated Depreciation	[2]	(17,694)
Net		$ 50,215
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2005
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand At Town Park | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 5,605
Wholly Owned Properties - Residential | Colonial Grand At Town Park Reserve
Real Estate And Accumulated Depreciation [Line Items]
Location		Lake Mary, FL
Initial Cost Land		$ 3,481
Initial Cost Buildings and Fixtures		10,311
Gross Amount, Land		3,481
Gross Amount, Buildings and Fixtures		10,749
Total	[1]	14,230
Accumulated Depreciation	[2]	(3,150)
Net		$ 11,080
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2004
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand At Town Park Reserve | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 438
Wholly Owned Properties - Residential | Colonial Grandat Lake Mary
Real Estate And Accumulated Depreciation [Line Items]
Location		Lake Mary, FL
Initial Cost Land		$ 6,346
Initial Cost Buildings and Fixtures		41,539
Gross Amount, Land		6,346
Gross Amount, Buildings and Fixtures		65,159
Total	[1]	71,505
Accumulated Depreciation	[2]	(14,085)
Net		$ 57,420
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2012
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grandat Lake Mary | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 23,620
Wholly Owned Properties - Residential | Colonial Grand At Randal Lakes
Real Estate And Accumulated Depreciation [Line Items]
Location		Orlando, FL
Initial Cost Land		$ 5,659
Initial Cost Buildings and Fixtures		50,553
Gross Amount, Land		5,659
Gross Amount, Buildings and Fixtures		61,689
Total	[1]	67,348
Accumulated Depreciation	[2]	(9,287)
Net		$ 58,061
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2013
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand At Randal Lakes | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 11,136
Wholly Owned Properties - Residential | Colonial Grandat Randal Lakes I I
Real Estate And Accumulated Depreciation [Line Items]
Location		Orlando, FL
Initial Cost Land		$ 3,200
Gross Amount, Land		3,200
Gross Amount, Buildings and Fixtures		36,854
Total	[1]	40,054
Accumulated Depreciation	[2]	(2,837)
Net		$ 37,217
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2013
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grandat Randal Lakes I I | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 36,854
Wholly Owned Properties - Residential | Retreat At Lake Nona
Real Estate And Accumulated Depreciation [Line Items]
Location		Orlando, FL
Initial Cost Land		$ 7,880
Initial Cost Buildings and Fixtures		41,175
Gross Amount, Land		7,880
Gross Amount, Buildings and Fixtures		46,792
Total	[1]	54,672
Accumulated Depreciation	[2]	(12,331)
Net		$ 42,341
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2006
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2012
Wholly Owned Properties - Residential | Retreat At Lake Nona | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 5,617
Wholly Owned Properties - Residential | Colonial Grand At Heather Glen
Real Estate And Accumulated Depreciation [Line Items]
Location		Orlando, FL
Initial Cost Land		$ 4,662
Initial Cost Buildings and Fixtures		56,988
Gross Amount, Land		4,662
Gross Amount, Buildings and Fixtures		63,470
Total	[1]	68,132
Accumulated Depreciation	[2]	(16,941)
Net		$ 51,191
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2000
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand At Heather Glen | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 6,482
Wholly Owned Properties - Residential | Post Lakeat Baldwin Park
Real Estate And Accumulated Depreciation [Line Items]
Location		Orlando, FL
Initial Cost Land		$ 18,101
Initial Cost Buildings and Fixtures		144,200
Gross Amount, Land		18,101
Gross Amount, Buildings and Fixtures		146,928
Total	[1]	165,029
Accumulated Depreciation	[2]	(18,240)
Net		$ 146,789
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2011
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | Post Lakeat Baldwin Park | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,728
Wholly Owned Properties - Residential | Post Lakeside
Real Estate And Accumulated Depreciation [Line Items]
Location		Orlando, FL
Initial Cost Land		$ 7,046
Initial Cost Buildings and Fixtures		52,585
Gross Amount, Land		7,046
Gross Amount, Buildings and Fixtures		53,298
Total	[1]	60,344
Accumulated Depreciation	[2]	(6,058)
Net		$ 54,286
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2013
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | Post Lakeside | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 713
Wholly Owned Properties - Residential | Post Parkside Orlando
Real Estate And Accumulated Depreciation [Line Items]
Location		Orlando, FL
Initial Cost Land		$ 5,669
Initial Cost Buildings and Fixtures		49,754
Gross Amount, Land		5,669
Gross Amount, Buildings and Fixtures		52,801
Total	[1]	58,470
Accumulated Depreciation	[2]	(6,651)
Net		$ 51,819
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1999
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | Post Parkside Orlando | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 3,047
Wholly Owned Properties - Residential | Park Crest At Innisbrook
Real Estate And Accumulated Depreciation [Line Items]
Location		Palm Harbor, FL
Encumbrances		$ 25,777
Initial Cost Land		6,900
Initial Cost Buildings and Fixtures		26,613
Gross Amount, Land		6,900
Gross Amount, Buildings and Fixtures		30,181
Total	[1]	37,081
Accumulated Depreciation	[2]	(11,639)
Net		$ 25,442
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2000
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2009
Wholly Owned Properties - Residential | Park Crest At Innisbrook | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 3,568
Wholly Owned Properties - Residential | Club At Panama Beach
Real Estate And Accumulated Depreciation [Line Items]
Location		Panama City, FL
Initial Cost Land		$ 898
Initial Cost Buildings and Fixtures		14,276
Gross Amount, Land		893
Gross Amount, Buildings and Fixtures		18,892
Total	[1]	19,785
Accumulated Depreciation	[2]	(10,754)
Net		$ 9,031
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2000
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 1998
Wholly Owned Properties - Residential | Club At Panama Beach | Land [Member]
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ (5)
Wholly Owned Properties - Residential | Club At Panama Beach | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 4,616
Wholly Owned Properties - Residential | Colonial Village At Twin Lakes
Real Estate And Accumulated Depreciation [Line Items]
Location		Sanford, FL
Encumbrances		$ 22,286
Initial Cost Land		3,091
Initial Cost Buildings and Fixtures		47,793
Gross Amount, Land		3,091
Gross Amount, Buildings and Fixtures		50,547
Total	[1]	53,638
Accumulated Depreciation	[2]	(13,761)
Net		$ 39,877
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2005
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Village At Twin Lakes | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,754
Wholly Owned Properties - Residential | Paddock Club Tallahassee
Real Estate And Accumulated Depreciation [Line Items]
Location		Tallahassee, FL
Initial Cost Land		$ 530
Initial Cost Buildings and Fixtures		4,805
Gross Amount, Land		1,480
Gross Amount, Buildings and Fixtures		19,570
Total	[1]	21,050
Accumulated Depreciation	[2]	(13,777)
Net		$ 7,273
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1992
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 1997
Wholly Owned Properties - Residential | Paddock Club Tallahassee | Land [Member]
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 950
Wholly Owned Properties - Residential | Paddock Club Tallahassee | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 14,765
Wholly Owned Properties - Residential | Verandasat Southwood
Real Estate And Accumulated Depreciation [Line Items]
Location		Tallahassee, FL
Initial Cost Land		$ 3,600
Initial Cost Buildings and Fixtures		25,914
Gross Amount, Land		3,600
Gross Amount, Buildings and Fixtures		27,275
Total	[1]	30,875
Accumulated Depreciation	[2]	(5,341)
Net		$ 25,534
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2003
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2011
Wholly Owned Properties - Residential | Verandasat Southwood | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 1,361
Wholly Owned Properties - Residential | Belmere
Real Estate And Accumulated Depreciation [Line Items]
Location		Tampa, FL
Initial Cost Land		$ 852
Initial Cost Buildings and Fixtures		7,667
Gross Amount, Land		852
Gross Amount, Buildings and Fixtures		15,109
Total	[1]	15,961
Accumulated Depreciation	[2]	(10,861)
Net		$ 5,100
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1984
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 1994
Wholly Owned Properties - Residential | Belmere | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 7,442
Wholly Owned Properties - Residential | Links At Carrollwood
Real Estate And Accumulated Depreciation [Line Items]
Location		Tampa, FL
Initial Cost Land		$ 817
Initial Cost Buildings and Fixtures		7,355
Gross Amount, Land		927
Gross Amount, Buildings and Fixtures		13,251
Total	[1]	14,178
Accumulated Depreciation	[2]	(8,978)
Net		$ 5,200
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1980
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 1998
Wholly Owned Properties - Residential | Links At Carrollwood | Land [Member]
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 110
Wholly Owned Properties - Residential | Links At Carrollwood | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 5,896
Wholly Owned Properties - Residential | Post Bayat Rocky Point
Real Estate And Accumulated Depreciation [Line Items]
Location		Tampa, FL
Initial Cost Land		$ 4,541
Initial Cost Buildings and Fixtures		28,381
Gross Amount, Land		4,541
Gross Amount, Buildings and Fixtures		29,923
Total	[1]	34,464
Accumulated Depreciation	[2]	(3,648)
Net		$ 30,816
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1997
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | Post Bayat Rocky Point | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 1,542
Wholly Owned Properties - Residential | Post Harbour Place
Real Estate And Accumulated Depreciation [Line Items]
Location		Tampa, FL
Initial Cost Land		$ 16,296
Initial Cost Buildings and Fixtures		116,193
Gross Amount, Land		16,296
Gross Amount, Buildings and Fixtures		124,338
Total	[1]	140,634
Accumulated Depreciation	[2]	(15,944)
Net		$ 124,690
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1997
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | Post Harbour Place | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 8,145
Wholly Owned Properties - Residential | Post Hyde Park
Real Estate And Accumulated Depreciation [Line Items]
Location		Tampa, FL
Initial Cost Land		$ 16,891
Initial Cost Buildings and Fixtures		95,259
Gross Amount, Land		16,891
Gross Amount, Buildings and Fixtures		100,504
Total	[1]	117,395
Accumulated Depreciation	[2]	(12,853)
Net		$ 104,542
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1994
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | Post Hyde Park | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 5,245
Wholly Owned Properties - Residential | Post Rocky Point
Real Estate And Accumulated Depreciation [Line Items]
Location		Tampa, FL
Initial Cost Land		$ 35,260
Initial Cost Buildings and Fixtures		153,102
Gross Amount, Land		35,260
Gross Amount, Buildings and Fixtures		164,761
Total	[1]	200,021
Accumulated Depreciation	[2]	(20,256)
Net		$ 179,765
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | Post Rocky Point | Phase I [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1994
Wholly Owned Properties - Residential | Post Rocky Point | Phase II [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1996
Wholly Owned Properties - Residential | Post Rocky Point | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 11,659
Wholly Owned Properties - Residential | Post Soho Square
Real Estate And Accumulated Depreciation [Line Items]
Location		Tampa, FL
Initial Cost Land		$ 5,190
Initial Cost Buildings and Fixtures		56,296
Gross Amount, Land		5,190
Gross Amount, Buildings and Fixtures		56,714
Total	[1]	61,904
Accumulated Depreciation	[2]	(6,384)
Net		$ 55,520
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2012
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | Post Soho Square | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 418
Wholly Owned Properties - Residential | Village Oaks
Real Estate And Accumulated Depreciation [Line Items]
Location		Tampa, FL
Initial Cost Land		$ 2,738
Initial Cost Buildings and Fixtures		19,055
Gross Amount, Land		2,891
Gross Amount, Buildings and Fixtures		21,982
Total	[1]	24,873
Accumulated Depreciation	[2]	(8,554)
Net		$ 16,319
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2005
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2008
Wholly Owned Properties - Residential | Village Oaks | Land [Member]
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 153
Wholly Owned Properties - Residential | Village Oaks | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,927
Wholly Owned Properties - Residential | Colonial Grand At Hampton Preserve Tampa Fl
Real Estate And Accumulated Depreciation [Line Items]
Location		Tampa, FL
Initial Cost Land		$ 6,233
Initial Cost Buildings and Fixtures		69,535
Gross Amount, Land		6,233
Gross Amount, Buildings and Fixtures		71,387
Total	[1]	77,620
Accumulated Depreciation	[2]	(18,041)
Net		$ 59,579
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2012
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand At Hampton Preserve Tampa Fl | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 1,852
Wholly Owned Properties - Residential | Colonial Grand At Seven Oaks Member
Real Estate And Accumulated Depreciation [Line Items]
Location		Wesley Chapel, FL
Initial Cost Land		$ 3,051
Initial Cost Buildings and Fixtures		42,768
Gross Amount, Land		3,051
Gross Amount, Buildings and Fixtures		45,686
Total	[1]	48,737
Accumulated Depreciation	[2]	(11,929)
Net		$ 36,808
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2004
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand At Seven Oaks Member | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,918
Wholly Owned Properties - Residential | Colonial Grand At Windermere Member
Real Estate And Accumulated Depreciation [Line Items]
Location		Windermere, FL
Initial Cost Land		$ 2,711
Initial Cost Buildings and Fixtures		36,710
Gross Amount, Land		2,711
Gross Amount, Buildings and Fixtures		38,232
Total	[1]	40,943
Accumulated Depreciation	[2]	(9,579)
Net		$ 31,364
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2009
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand At Windermere Member | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 1,522
Wholly Owned Properties - Residential | Allure At Brookwood Member
Real Estate And Accumulated Depreciation [Line Items]
Location		Atlanta, GA
Initial Cost Land		$ 11,168
Initial Cost Buildings and Fixtures		52,758
Gross Amount, Land		11,168
Gross Amount, Buildings and Fixtures		58,053
Total	[1]	69,221
Accumulated Depreciation	[2]	(15,536)
Net		$ 53,685
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2008
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2012
Wholly Owned Properties - Residential | Allure At Brookwood Member | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 5,295
Wholly Owned Properties - Residential | Allure In Buckhead Village Member
Real Estate And Accumulated Depreciation [Line Items]
Location		Atlanta, GA
Initial Cost Land		$ 8,633
Initial Cost Buildings and Fixtures		19,844
Gross Amount, Land		8,633
Gross Amount, Buildings and Fixtures		27,168
Total	[1]	35,801
Accumulated Depreciation	[2]	(8,418)
Net		$ 27,383
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2002
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2012
Wholly Owned Properties - Residential | Allure In Buckhead Village Member | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 7,324
Wholly Owned Properties - Residential | The High Rise At Post Alexander Member
Real Estate And Accumulated Depreciation [Line Items]
Location		Atlanta, GA
Initial Cost Land		$ 8,435
Initial Cost Buildings and Fixtures		92,294
Gross Amount, Land		8,435
Gross Amount, Buildings and Fixtures		92,445
Total	[1]	100,880
Accumulated Depreciation	[2]	(15,186)
Net		$ 85,694
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2015
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | The High Rise At Post Alexander Member | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 151
Wholly Owned Properties - Residential | Post Alexander [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Atlanta, GA
Initial Cost Land		$ 15,440
Initial Cost Buildings and Fixtures		73,278
Gross Amount, Land		15,440
Gross Amount, Buildings and Fixtures		75,558
Total	[1]	90,998
Accumulated Depreciation	[2]	(7,470)
Net		$ 83,528
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2006
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | Post Alexander [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,280
Wholly Owned Properties - Residential | Post Briarcliff [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Atlanta, GA
Initial Cost Land		$ 24,645
Initial Cost Buildings and Fixtures		114,921
Gross Amount, Land		24,645
Gross Amount, Buildings and Fixtures		119,059
Total	[1]	143,704
Accumulated Depreciation	[2]	(14,258)
Net		$ 129,446
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1996
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | Post Briarcliff [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 4,138
Wholly Owned Properties - Residential | Post Brookhaven [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Atlanta, GA
Initial Cost Land		$ 29,048
Initial Cost Buildings and Fixtures		106,463
Gross Amount, Land		29,048
Gross Amount, Buildings and Fixtures		114,402
Total	[1]	143,450
Accumulated Depreciation	[2]	(14,588)
Net		$ 128,862
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | Post Brookhaven [Member] | Phase I [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1989
Wholly Owned Properties - Residential | Post Brookhaven [Member] | Phase II [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1992
Wholly Owned Properties - Residential | Post Brookhaven [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 7,939
Wholly Owned Properties - Residential | Post Chastain [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Atlanta, GA
Initial Cost Land		$ 30,223
Initial Cost Buildings and Fixtures		82,964
Gross Amount, Land		30,223
Gross Amount, Buildings and Fixtures		85,296
Total	[1]	115,519
Accumulated Depreciation	[2]	(10,162)
Net		$ 105,357
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1990
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | Post Chastain [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,332
Wholly Owned Properties - Residential | Post Crossing [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Atlanta, GA
Initial Cost Land		$ 15,799
Initial Cost Buildings and Fixtures		48,054
Gross Amount, Land		15,799
Gross Amount, Buildings and Fixtures		51,292
Total	[1]	67,091
Accumulated Depreciation	[2]	(6,284)
Net		$ 60,807
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1995
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | Post Crossing [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 3,238
Wholly Owned Properties - Residential | Post Gardens [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Atlanta, GA
Initial Cost Land		$ 17,907
Initial Cost Buildings and Fixtures		56,093
Gross Amount, Land		17,907
Gross Amount, Buildings and Fixtures		59,509
Total	[1]	77,416
Accumulated Depreciation	[2]	(7,713)
Net		$ 69,703
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1996
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | Post Gardens [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 3,416
Wholly Owned Properties - Residential | Post Glen [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Atlanta, GA
Initial Cost Land		$ 13,878
Initial Cost Buildings and Fixtures		51,079
Gross Amount, Land		13,878
Gross Amount, Buildings and Fixtures		55,407
Total	[1]	69,285
Accumulated Depreciation	[2]	(6,734)
Net		$ 62,551
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1996
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | Post Glen [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 4,328
Wholly Owned Properties - Residential | Post Midtown [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Atlanta, GA
Initial Cost Land		$ 7,000
Initial Cost Buildings and Fixtures		44,000
Gross Amount, Land		7,000
Gross Amount, Buildings and Fixtures		84,268
Total	[1]	91,268
Accumulated Depreciation	[2]	(5,611)
Net		$ 85,657
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2017
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | Post Midtown [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 40,268
Wholly Owned Properties - Residential | Post Peachtree Hills [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Atlanta, GA
Initial Cost Land		$ 11,974
Initial Cost Buildings and Fixtures		55,264
Gross Amount, Land		11,974
Gross Amount, Buildings and Fixtures		55,884
Total	[1]	67,858
Accumulated Depreciation	[2]	(6,503)
Net		$ 61,355
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | Post Peachtree Hills [Member] | Phase I [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1992
Wholly Owned Properties - Residential | Post Peachtree Hills [Member] | Phase II [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1994
Wholly Owned Properties - Residential | Post Peachtree Hills [Member] | Phase III [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2009
Wholly Owned Properties - Residential | Post Peachtree Hills [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 620
Wholly Owned Properties - Residential | Post Riverside [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Atlanta, GA
Initial Cost Land		$ 23,765
Initial Cost Buildings and Fixtures		89,369
Gross Amount, Land		23,765
Gross Amount, Buildings and Fixtures		95,896
Total	[1]	119,661
Accumulated Depreciation	[2]	(12,894)
Net		$ 106,767
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1996
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | Post Riverside [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 6,527
Wholly Owned Properties - Residential | Post Spring [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Atlanta, GA
Initial Cost Land		$ 18,596
Initial Cost Buildings and Fixtures		57,819
Gross Amount, Land		18,596
Gross Amount, Buildings and Fixtures		62,338
Total	[1]	80,934
Accumulated Depreciation	[2]	(8,099)
Net		$ 72,835
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1999
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | Post Spring [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 4,519
Wholly Owned Properties - Residential | Post Stratford [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Atlanta, GA
Initial Cost Buildings and Fixtures		$ 30,051
Gross Amount, Buildings and Fixtures		32,851
Total	[1]	32,851
Accumulated Depreciation	[2]	(4,328)
Net		$ 28,523
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1999
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | Post Stratford [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,800
Wholly Owned Properties - Residential | Sanctuary at Oglethorpe [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Atlanta, GA
Initial Cost Land		$ 6,875
Initial Cost Buildings and Fixtures		31,441
Gross Amount, Land		6,875
Gross Amount, Buildings and Fixtures		38,390
Total	[1]	45,265
Accumulated Depreciation	[2]	(14,173)
Net		$ 31,092
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1994
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2008
Wholly Owned Properties - Residential | Sanctuary at Oglethorpe [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 6,949
Wholly Owned Properties - Residential | Post Centennial Park [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Atlanta, GA
Initial Cost Land		$ 13,650
Initial Cost Buildings and Fixtures		10,950
Gross Amount, Land		13,650
Gross Amount, Buildings and Fixtures		72,527
Total	[1]	86,177
Accumulated Depreciation	[2]	(3,643)
Net		$ 82,534
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2018
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | Post Centennial Park [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 61,577
Wholly Owned Properties - Residential | Prescott [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Duluth, GA
Initial Cost Land		$ 3,840
Initial Cost Buildings and Fixtures		24,011
Gross Amount, Land		3,840
Gross Amount, Buildings and Fixtures		28,780
Total	[1]	32,620
Accumulated Depreciation	[2]	(14,796)
Net		$ 17,824
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2001
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2004
Wholly Owned Properties - Residential | Prescott [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 4,769
Wholly Owned Properties - Residential | Colonial Grand at Berkeley Lake [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Duluth, GA
Initial Cost Land		$ 1,960
Initial Cost Buildings and Fixtures		15,707
Gross Amount, Land		1,960
Gross Amount, Buildings and Fixtures		18,107
Total	[1]	20,067
Accumulated Depreciation	[2]	(5,875)
Net		$ 14,192
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1998
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand at Berkeley Lake [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,400
Wholly Owned Properties - Residential | Colonial Grand at River Oaks [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Duluth, GA
Initial Cost Land		$ 4,360
Initial Cost Buildings and Fixtures		13,579
Gross Amount, Land		4,360
Gross Amount, Buildings and Fixtures		16,205
Total	[1]	20,565
Accumulated Depreciation	[2]	(6,296)
Net		$ 14,269
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1992
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand at River Oaks [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,626
Wholly Owned Properties - Residential | Colonial Grand at River Plantation [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Duluth, GA
Initial Cost Land		$ 2,059
Initial Cost Buildings and Fixtures		19,158
Gross Amount, Land		2,059
Gross Amount, Buildings and Fixtures		21,921
Total	[1]	23,980
Accumulated Depreciation	[2]	(6,877)
Net		$ 17,103
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1994
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand at River Plantation [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,763
Wholly Owned Properties - Residential | Colonial Grand at McDaniel Farm [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Duluth, GA
Initial Cost Land		$ 3,985
Initial Cost Buildings and Fixtures		32,206
Gross Amount, Land		3,985
Gross Amount, Buildings and Fixtures		36,844
Total	[1]	40,829
Accumulated Depreciation	[2]	(11,637)
Net		$ 29,192
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1997
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand at McDaniel Farm [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 4,638
Wholly Owned Properties - Residential | Colonial Grand at Pleasant Hill [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Duluth, GA
Initial Cost Land		$ 6,753
Initial Cost Buildings and Fixtures		32,202
Gross Amount, Land		6,753
Gross Amount, Buildings and Fixtures		37,501
Total	[1]	44,254
Accumulated Depreciation	[2]	(11,240)
Net		$ 33,014
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1996
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand at Pleasant Hill [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 5,299
Wholly Owned Properties - Residential | Colonial Grand at Mount Vernon [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Dunwoody, GA
Initial Cost Land		$ 6,861
Initial Cost Buildings and Fixtures		23,748
Gross Amount, Land		6,861
Gross Amount, Buildings and Fixtures		27,542
Total	[1]	34,403
Accumulated Depreciation	[2]	(7,438)
Net		$ 26,965
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1997
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand at Mount Vernon [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 3,794
Wholly Owned Properties - Residential | Lake Lanier Club [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Gainesville, GA
Initial Cost Land		$ 6,710
Initial Cost Buildings and Fixtures		40,994
Gross Amount, Land		6,710
Gross Amount, Buildings and Fixtures		50,320
Total	[1]	57,030
Accumulated Depreciation	[2]	(25,292)
Net		$ 31,738
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2005
Wholly Owned Properties - Residential | Lake Lanier Club [Member] | Phase I [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1998
Wholly Owned Properties - Residential | Lake Lanier Club [Member] | Phase II [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2001
Wholly Owned Properties - Residential | Lake Lanier Club [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 9,326
Wholly Owned Properties - Residential | Colonial Grand at Shiloh [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Kennesaw, GA
Initial Cost Land		$ 4,864
Initial Cost Buildings and Fixtures		45,893
Gross Amount, Land		4,864
Gross Amount, Buildings and Fixtures		51,075
Total	[1]	55,939
Accumulated Depreciation	[2]	(14,614)
Net		$ 41,325
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2002
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand at Shiloh [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 5,182
Wholly Owned Properties - Residential | Millstead Village [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		LaGrange, GA
Initial Cost Land		$ 3,100
Initial Cost Buildings and Fixtures		29,240
Gross Amount, Land		3,100
Gross Amount, Buildings and Fixtures		31,172
Total	[1]	34,272
Accumulated Depreciation	[2]	(7,789)
Net		$ 26,483
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1998
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2008
Wholly Owned Properties - Residential | Millstead Village [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 1,932
Wholly Owned Properties - Residential | Colonial Grand at Barrett Creek [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Marietta, GA
Initial Cost Land		$ 5,661
Initial Cost Buildings and Fixtures		26,186
Gross Amount, Land		5,661
Gross Amount, Buildings and Fixtures		29,441
Total	[1]	35,102
Accumulated Depreciation	[2]	(9,620)
Net		$ 25,482
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1999
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand at Barrett Creek [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 3,255
Wholly Owned Properties - Residential | Colonial Grand at Godley Station [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Pooler, GA
Encumbrances		$ 7,842
Initial Cost Land		1,800
Initial Cost Buildings and Fixtures		35,454
Gross Amount, Land		1,800
Gross Amount, Buildings and Fixtures		39,320
Total	[1]	41,120
Accumulated Depreciation	[2]	(10,375)
Net		$ 30,745
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2001
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand at Godley Station [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 3,866
Wholly Owned Properties - Residential | Colonial Grand at Godley Lake [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Pooler, GA
Initial Cost Land		$ 1,750
Initial Cost Buildings and Fixtures		30,893
Gross Amount, Land		1,750
Gross Amount, Buildings and Fixtures		32,352
Total	[1]	34,102
Accumulated Depreciation	[2]	(8,818)
Net		$ 25,284
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2008
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand at Godley Lake [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 1,459
Wholly Owned Properties - Residential | Avala at Savannah Quarters [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Savannah, GA
Initial Cost Land		$ 1,500
Initial Cost Buildings and Fixtures		24,862
Gross Amount, Land		1,500
Gross Amount, Buildings and Fixtures		27,045
Total	[1]	28,545
Accumulated Depreciation	[2]	(8,001)
Net		$ 20,544
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2009
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2011
Wholly Owned Properties - Residential | Avala at Savannah Quarters [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,183
Wholly Owned Properties - Residential | Georgetown Grove [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Savannah, GA
Initial Cost Land		$ 1,288
Initial Cost Buildings and Fixtures		11,579
Gross Amount, Land		1,288
Gross Amount, Buildings and Fixtures		15,274
Total	[1]	16,562
Accumulated Depreciation	[2]	(10,571)
Net		$ 5,991
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1997
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 1998
Wholly Owned Properties - Residential | Georgetown Grove [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 3,695
Wholly Owned Properties - Residential | Colonial Grand at Hammocks [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Savannah, GA
Initial Cost Land		$ 2,441
Initial Cost Buildings and Fixtures		36,863
Gross Amount, Land		2,441
Gross Amount, Buildings and Fixtures		41,635
Total	[1]	44,076
Accumulated Depreciation	[2]	(11,130)
Net		$ 32,946
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1997
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand at Hammocks [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 4,772
Wholly Owned Properties - Residential | Colonial Village at Greentree [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Savannah, GA
Initial Cost Land		$ 1,710
Initial Cost Buildings and Fixtures		10,494
Gross Amount, Land		1,710
Gross Amount, Buildings and Fixtures		12,524
Total	[1]	14,234
Accumulated Depreciation	[2]	(4,088)
Net		$ 10,146
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1984
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Village at Greentree [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,030
Wholly Owned Properties - Residential | Colonial Village at Huntington [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Savannah, GA
Initial Cost Land		$ 2,521
Initial Cost Buildings and Fixtures		8,223
Gross Amount, Land		2,521
Gross Amount, Buildings and Fixtures		9,856
Total	[1]	12,377
Accumulated Depreciation	[2]	(2,860)
Net		$ 9,517
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1986
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Village at Huntington [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 1,633
Wholly Owned Properties - Residential | Colonial Village at Marsh Cove [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Savannah, GA
Initial Cost Land		$ 5,231
Initial Cost Buildings and Fixtures		8,555
Gross Amount, Land		5,231
Gross Amount, Buildings and Fixtures		10,230
Total	[1]	15,461
Accumulated Depreciation	[2]	(3,428)
Net		$ 12,033
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1983
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Village at Marsh Cove [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 1,675
Wholly Owned Properties - Residential | Oaks at Wilmington Island [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Savannah, GA
Initial Cost Land		$ 2,910
Initial Cost Buildings and Fixtures		25,315
Gross Amount, Land		2,864
Gross Amount, Buildings and Fixtures		30,283
Total	[1]	33,147
Accumulated Depreciation	[2]	(13,747)
Net		$ 19,400
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1999
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2006
Wholly Owned Properties - Residential | Oaks at Wilmington Island [Member] | Land [Member]
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ (46)
Wholly Owned Properties - Residential | Oaks at Wilmington Island [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 4,968
Wholly Owned Properties - Residential | Highlands of West Village [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Smyrna, GA
Initial Cost Land		$ 14,410
Initial Cost Buildings and Fixtures		73,733
Gross Amount, Land		14,410
Gross Amount, Buildings and Fixtures		81,338
Total	[1]	95,748
Accumulated Depreciation	[2]	(15,459)
Net		$ 80,289
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2014
Wholly Owned Properties - Residential | Highlands of West Village [Member] | Phase I [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2006
Wholly Owned Properties - Residential | Highlands of West Village [Member] | Phase II [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2012
Wholly Owned Properties - Residential | Highlands of West Village [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 7,605
Wholly Owned Properties - Residential | Haven at Prairie Trace [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Overland Park, KS
Initial Cost Land		$ 3,500
Initial Cost Buildings and Fixtures		40,614
Gross Amount, Land		3,500
Gross Amount, Buildings and Fixtures		42,035
Total	[1]	45,535
Accumulated Depreciation	[2]	(5,063)
Net		$ 40,472
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2015
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2015
Wholly Owned Properties - Residential | Haven at Prairie Trace [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 1,421
Wholly Owned Properties - Residential | Grand Reserve at Pinnacle [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Lexington, KY
Initial Cost Land		$ 2,024
Initial Cost Buildings and Fixtures		31,525
Gross Amount, Land		2,024
Gross Amount, Buildings and Fixtures		38,095
Total	[1]	40,119
Accumulated Depreciation	[2]	(19,649)
Net		$ 20,470
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2000
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 1998
Wholly Owned Properties - Residential | Grand Reserve at Pinnacle [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 6,570
Wholly Owned Properties - Residential | Lakepointe [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Lexington, KY
Initial Cost Land		$ 411
Initial Cost Buildings and Fixtures		3,699
Gross Amount, Land		411
Gross Amount, Buildings and Fixtures		6,489
Total	[1]	6,900
Accumulated Depreciation	[2]	(4,872)
Net		$ 2,028
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1986
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 1994
Wholly Owned Properties - Residential | Lakepointe [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,790
Wholly Owned Properties - Residential | The Mansion [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Lexington, KY
Initial Cost Land		$ 694
Initial Cost Buildings and Fixtures		6,242
Gross Amount, Land		694
Gross Amount, Buildings and Fixtures		10,173
Total	[1]	10,867
Accumulated Depreciation	[2]	(7,692)
Net		$ 3,175
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1989
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 1994
Wholly Owned Properties - Residential | The Mansion [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 3,931
Wholly Owned Properties - Residential | The Village [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Lexington, KY
Initial Cost Land		$ 900
Initial Cost Buildings and Fixtures		8,097
Gross Amount, Land		900
Gross Amount, Buildings and Fixtures		12,959
Total	[1]	13,859
Accumulated Depreciation	[2]	(9,861)
Net		$ 3,998
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1989
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 1994
Wholly Owned Properties - Residential | The Village [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 4,862
Wholly Owned Properties - Residential | Stonemill Village [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Louisville, KY
Initial Cost Land		$ 1,169
Initial Cost Buildings and Fixtures		10,518
Gross Amount, Land		1,169
Gross Amount, Buildings and Fixtures		20,581
Total	[1]	21,750
Accumulated Depreciation	[2]	(15,189)
Net		$ 6,561
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1985
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 1994
Wholly Owned Properties - Residential | Stonemill Village [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 10,063
Wholly Owned Properties - Residential | Crosswinds [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Jackson, MS
Initial Cost Land		$ 1,535
Initial Cost Buildings and Fixtures		13,826
Gross Amount, Land		1,535
Gross Amount, Buildings and Fixtures		20,254
Total	[1]	21,789
Accumulated Depreciation	[2]	(14,410)
Net		$ 7,379
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1989
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 1996
Wholly Owned Properties - Residential | Crosswinds [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 6,428
Wholly Owned Properties - Residential | Pear Orchard [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Jackson, MS
Initial Cost Land		$ 1,351
Initial Cost Buildings and Fixtures		12,168
Gross Amount, Land		1,351
Gross Amount, Buildings and Fixtures		21,042
Total	[1]	22,393
Accumulated Depreciation	[2]	(15,921)
Net		$ 6,472
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1985
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 1994
Wholly Owned Properties - Residential | Pear Orchard [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 8,874
Wholly Owned Properties - Residential | Reflection Pointe [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Jackson, MS
Initial Cost Land		$ 710
Initial Cost Buildings and Fixtures		8,770
Gross Amount, Land		848
Gross Amount, Buildings and Fixtures		17,638
Total	[1]	18,486
Accumulated Depreciation	[2]	(12,826)
Net		$ 5,660
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1986
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 1988
Wholly Owned Properties - Residential | Reflection Pointe [Member] | Land [Member]
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 138
Wholly Owned Properties - Residential | Reflection Pointe [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 8,868
Wholly Owned Properties - Residential | Lakeshore Landing [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Ridgeland, MS
Initial Cost Land		$ 676
Initial Cost Buildings and Fixtures		6,284
Gross Amount, Land		676
Gross Amount, Buildings and Fixtures		10,252
Total	[1]	10,928
Accumulated Depreciation	[2]	(5,503)
Net		$ 5,425
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1974
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 1994
Wholly Owned Properties - Residential | Lakeshore Landing [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 3,968
Wholly Owned Properties - Residential | Market Station
Real Estate And Accumulated Depreciation [Line Items]
Location		Kansas City, MO
Initial Cost Land		$ 5,814
Initial Cost Buildings and Fixtures		46,241
Gross Amount, Land		5,814
Gross Amount, Buildings and Fixtures		48,816
Total	[1]	54,630
Accumulated Depreciation	[2]	(12,251)
Net		$ 42,379
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2010
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2012
Wholly Owned Properties - Residential | Market Station | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,575
Wholly Owned Properties - Residential | The Denton [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Kansas City, MO
Initial Cost Land		$ 750
Initial Cost Buildings and Fixtures		8,795
Gross Amount, Land		750
Gross Amount, Buildings and Fixtures		9,604
Total	[1]	10,354
Accumulated Depreciation	[2]	(1,019)
Net		$ 9,335
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2014
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2015
Wholly Owned Properties - Residential | The Denton [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 809
Wholly Owned Properties - Residential | The Denton II [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Kansas City, MO
Initial Cost Land		$ 770
Gross Amount, Land		770
Gross Amount, Buildings and Fixtures		24,397
Total	[1]	25,167
Accumulated Depreciation	[2]	(1,289)
Net		$ 23,878
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2017
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2015
Wholly Owned Properties - Residential | The Denton II [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 24,397
Wholly Owned Properties - Residential | Post Parkside [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Atlanta, GA
Initial Cost Land		$ 11,025
Initial Cost Buildings and Fixtures		34,277
Gross Amount, Land		11,025
Gross Amount, Buildings and Fixtures		35,768
Total	[1]	46,793
Accumulated Depreciation	[2]	(4,114)
Net		$ 42,679
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1999
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | Post Parkside [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 1,491
Wholly Owned Properties - Residential | The Denton III
Real Estate And Accumulated Depreciation [Line Items]
Location		Kansas City, MO
Initial Cost Land		$ 4,000
Initial Cost Buildings and Fixtures		42,144
Gross Amount, Land		4,000
Gross Amount, Buildings and Fixtures		44,051
Total	[1]	48,051
Accumulated Depreciation	[2]	(5,775)
Net		$ 42,276
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2015
Wholly Owned Properties - Residential | The Denton III | Phase I [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2013
Wholly Owned Properties - Residential | The Denton III | Phase II [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2014
Wholly Owned Properties - Residential | The Denton III | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 1,907
Wholly Owned Properties - Residential | Colonial Grand at Desert Vista [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		North Las Vegas, NV
Initial Cost Land		$ 4,091
Initial Cost Buildings and Fixtures		29,826
Gross Amount, Land		4,091
Gross Amount, Buildings and Fixtures		31,939
Total	[1]	36,030
Accumulated Depreciation	[2]	(8,840)
Net		$ 27,190
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2009
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand at Desert Vista [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,113
Wholly Owned Properties - Residential | Colonial Grand at Palm Vista [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		North Las Vegas, NV
Initial Cost Land		$ 4,909
Initial Cost Buildings and Fixtures		25,643
Gross Amount, Land		4,909
Gross Amount, Buildings and Fixtures		29,161
Total	[1]	34,070
Accumulated Depreciation	[2]	(8,533)
Net		$ 25,537
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2007
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand at Palm Vista [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 3,518
Wholly Owned Properties - Residential | Colonial Village at beaver creek [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Apex, NC
Initial Cost Land		$ 7,491
Initial Cost Buildings and Fixtures		34,863
Gross Amount, Land		7,491
Gross Amount, Buildings and Fixtures		37,452
Total	[1]	44,943
Accumulated Depreciation	[2]	(9,809)
Net		$ 35,134
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2007
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Village at beaver creek [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,589
Wholly Owned Properties - Residential | Hermitage at Beechtree [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Cary, NC
Initial Cost Land		$ 900
Initial Cost Buildings and Fixtures		8,099
Gross Amount, Land		900
Gross Amount, Buildings and Fixtures		13,366
Total	[1]	14,266
Accumulated Depreciation	[2]	(9,113)
Net		$ 5,153
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1988
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 1997
Wholly Owned Properties - Residential | Hermitage at Beechtree [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 5,267
Wholly Owned Properties - Residential | Waterford Forest [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Cary, NC
Initial Cost Land		$ 4,000
Initial Cost Buildings and Fixtures		20,250
Gross Amount, Land		4,000
Gross Amount, Buildings and Fixtures		24,381
Total	[1]	28,381
Accumulated Depreciation	[2]	(12,221)
Net		$ 16,160
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1996
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2005
Wholly Owned Properties - Residential | Waterford Forest [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 4,131
Wholly Owned Properties - Residential | 1225 South Church I [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Charlotte, NC
Initial Cost Land		$ 9,612
Initial Cost Buildings and Fixtures		22,342
Gross Amount, Land		9,612
Gross Amount, Buildings and Fixtures		51,176
Total	[1]	60,788
Accumulated Depreciation	[2]	(10,860)
Net		$ 49,928
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2010
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2010
Wholly Owned Properties - Residential | 1225 South Church I [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 28,834
Wholly Owned Properties - Residential | Colonial Grand at Ayrsley [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Charlotte, NC
Initial Cost Land		$ 2,481
Initial Cost Buildings and Fixtures		52,119
Gross Amount, Land		2,481
Gross Amount, Buildings and Fixtures		66,802
Total	[1]	69,283
Accumulated Depreciation	[2]	(16,143)
Net		$ 53,140
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2008
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand at Ayrsley [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 14,683
Wholly Owned Properties - Residential | Colonial Grand at Beverly Crest [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Charlotte, NC
Initial Cost Land		$ 3,161
Initial Cost Buildings and Fixtures		24,004
Gross Amount, Land		3,161
Gross Amount, Buildings and Fixtures		27,309
Total	[1]	30,470
Accumulated Depreciation	[2]	(7,335)
Net		$ 23,135
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1996
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand at Beverly Crest [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 3,305
Wholly Owned Properties - Residential | Colonial Grand at Legacy Park [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Charlotte, NC
Initial Cost Land		$ 2,891
Initial Cost Buildings and Fixtures		28,272
Gross Amount, Land		2,891
Gross Amount, Buildings and Fixtures		31,133
Total	[1]	34,024
Accumulated Depreciation	[2]	(8,502)
Net		$ 25,522
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2001
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand at Legacy Park [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,861
Wholly Owned Properties - Residential | Colonial Grand at Mallard Creek [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Charlotte, NC
Initial Cost Land		$ 4,591
Initial Cost Buildings and Fixtures		27,713
Gross Amount, Land		4,591
Gross Amount, Buildings and Fixtures		30,006
Total	[1]	34,597
Accumulated Depreciation	[2]	(8,302)
Net		$ 26,295
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2005
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand at Mallard Creek [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,293
Wholly Owned Properties - Residential | Colonial Grand at Mallard Lake [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Charlotte, NC
Initial Cost Land		$ 3,250
Initial Cost Buildings and Fixtures		31,389
Gross Amount, Land		3,250
Gross Amount, Buildings and Fixtures		36,012
Total	[1]	39,262
Accumulated Depreciation	[2]	(10,139)
Net		$ 29,123
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1998
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand at Mallard Lake [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 4,623
Wholly Owned Properties - Residential | Colonial Grand at University Center [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Charlotte, NC
Initial Cost Land		$ 1,620
Initial Cost Buildings and Fixtures		17,499
Gross Amount, Land		1,620
Gross Amount, Buildings and Fixtures		18,474
Total	[1]	20,094
Accumulated Depreciation	[2]	(4,753)
Net		$ 15,341
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2005
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand at University Center [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 975
Wholly Owned Properties - Residential | Colonial Reserve at South End [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Charlotte, NC
Initial Cost Land		$ 4,628
Initial Cost Buildings and Fixtures		44,282
Gross Amount, Land		4,628
Gross Amount, Buildings and Fixtures		56,313
Total	[1]	60,941
Accumulated Depreciation	[2]	(8,234)
Net		$ 52,707
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2013
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Reserve at South End [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 12,031
Wholly Owned Properties - Residential | Colonial Village at Chancellor Park [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Charlotte, NC
Initial Cost Land		$ 5,311
Initial Cost Buildings and Fixtures		28,016
Gross Amount, Land		5,311
Gross Amount, Buildings and Fixtures		32,704
Total	[1]	38,015
Accumulated Depreciation	[2]	(8,916)
Net		$ 29,099
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1999
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Village at Chancellor Park [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 4,688
Wholly Owned Properties - Residential | Colonial Village at South Tryon [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Charlotte, NC
Initial Cost Land		$ 2,260
Initial Cost Buildings and Fixtures		19,489
Gross Amount, Land		2,260
Gross Amount, Buildings and Fixtures		21,819
Total	[1]	24,079
Accumulated Depreciation	[2]	(5,977)
Net		$ 18,102
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2002
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Village at South Tryon [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,330
Wholly Owned Properties - Residential | Colonial Village At Timber Crest
Real Estate And Accumulated Depreciation [Line Items]
Location		Charlotte, NC
Initial Cost Land		$ 2,901
Initial Cost Buildings and Fixtures		17,192
Gross Amount, Land		2,901
Gross Amount, Buildings and Fixtures		20,062
Total	[1]	22,963
Accumulated Depreciation	[2]	(5,219)
Net		$ 17,744
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2000
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Village At Timber Crest | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,870
Wholly Owned Properties - Residential | Enclave [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Charlotte, NC
Initial Cost Land		$ 1,461
Initial Cost Buildings and Fixtures		18,984
Gross Amount, Land		1,461
Gross Amount, Buildings and Fixtures		20,423
Total	[1]	21,884
Accumulated Depreciation	[2]	(4,800)
Net		$ 17,084
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2008
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Enclave [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 1,439
Wholly Owned Properties - Residential | Post Ballantyne [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Charlotte, NC
Initial Cost Land		$ 16,216
Initial Cost Buildings and Fixtures		44,817
Gross Amount, Land		16,216
Gross Amount, Buildings and Fixtures		47,515
Total	[1]	63,731
Accumulated Depreciation	[2]	(5,770)
Net		$ 57,961
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2004
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | Post Ballantyne [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,698
Wholly Owned Properties - Residential | Post Gateway Place
Real Estate And Accumulated Depreciation [Line Items]
Location		Charlotte, NC
Initial Cost Land		$ 17,528
Initial Cost Buildings and Fixtures		57,444
Gross Amount, Land		17,528
Gross Amount, Buildings and Fixtures		61,841
Total	[1]	79,369
Accumulated Depreciation	[2]	(8,021)
Net		$ 71,348
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2000
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | Post Gateway Place | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 4,397
Wholly Owned Properties - Residential | Post Park at Phillips Place [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Charlotte, NC
Initial Cost Land		$ 20,869
Initial Cost Buildings and Fixtures		65,517
Gross Amount, Land		20,869
Gross Amount, Buildings and Fixtures		70,467
Total	[1]	91,336
Accumulated Depreciation	[2]	(8,729)
Net		$ 82,607
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1996
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | Post Park at Phillips Place [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 4,950
Wholly Owned Properties - Residential | Post South End [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Charlotte, NC
Initial Cost Land		$ 18,835
Initial Cost Buildings and Fixtures		58,795
Gross Amount, Land		18,835
Gross Amount, Buildings and Fixtures		60,931
Total	[1]	79,766
Accumulated Depreciation	[2]	(6,803)
Net		$ 72,963
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2009
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | Post South End [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,136
Wholly Owned Properties - Residential | Post Uptown Place [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Charlotte, NC
Initial Cost Land		$ 10,888
Initial Cost Buildings and Fixtures		30,078
Gross Amount, Land		10,888
Gross Amount, Buildings and Fixtures		32,274
Total	[1]	43,162
Accumulated Depreciation	[2]	(4,034)
Net		$ 39,128
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2000
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | Post Uptown Place [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,196
Wholly Owned Properties - Residential | Colonial Grand at Cornelius [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Cornelius, NC
Initial Cost Land		$ 4,571
Initial Cost Buildings and Fixtures		29,151
Gross Amount, Land		4,571
Gross Amount, Buildings and Fixtures		30,900
Total	[1]	35,471
Accumulated Depreciation	[2]	(8,758)
Net		$ 26,713
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2009
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand at Cornelius [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 1,749
Wholly Owned Properties - Residential | Colonial Grand at Patterson Place [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Durham, NC
Initial Cost Land		$ 2,590
Initial Cost Buildings and Fixtures		27,126
Gross Amount, Land		2,590
Gross Amount, Buildings and Fixtures		30,585
Total	[1]	33,175
Accumulated Depreciation	[2]	(8,218)
Net		$ 24,957
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1997
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand at Patterson Place [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 3,459
Wholly Owned Properties - Residential | Colonial Village at Deerfield [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Durham, NC
Initial Cost Land		$ 3,271
Initial Cost Buildings and Fixtures		15,609
Gross Amount, Land		3,271
Gross Amount, Buildings and Fixtures		17,301
Total	[1]	20,572
Accumulated Depreciation	[2]	(5,556)
Net		$ 15,016
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1985
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Village at Deerfield [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 1,692
Wholly Owned Properties - Residential | Colonial Grand at Research Park [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Durham, NC
Initial Cost Land		$ 4,201
Initial Cost Buildings and Fixtures		37,682
Gross Amount, Land		4,201
Gross Amount, Buildings and Fixtures		41,102
Total	[1]	45,303
Accumulated Depreciation	[2]	(11,279)
Net		$ 34,024
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2002
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand at Research Park [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 3,420
Wholly Owned Properties - Residential | Colonial Grand At Huntersville[Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Huntersville, NC
Initial Cost Land		$ 4,251
Initial Cost Buildings and Fixtures		31,948
Gross Amount, Land		4,251
Gross Amount, Buildings and Fixtures		35,087
Total	[1]	39,338
Accumulated Depreciation	[2]	(9,644)
Net		$ 29,694
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2008
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand At Huntersville[Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 3,139
Wholly Owned Properties - Residential | Colonial Village At Matthews
Real Estate And Accumulated Depreciation [Line Items]
Location		Matthews, NC
Initial Cost Land		$ 3,071
Initial Cost Buildings and Fixtures		21,830
Gross Amount, Land		3,071
Gross Amount, Buildings and Fixtures		27,079
Total	[1]	30,150
Accumulated Depreciation	[2]	(8,434)
Net		$ 21,716
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2008
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Village At Matthews | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 5,249
Wholly Owned Properties - Residential | Colonial Grand At Matthews Commons
Real Estate And Accumulated Depreciation [Line Items]
Location		Matthews, NC
Initial Cost Land		$ 3,690
Initial Cost Buildings and Fixtures		28,536
Gross Amount, Land		3,690
Gross Amount, Buildings and Fixtures		30,893
Total	[1]	34,583
Accumulated Depreciation	[2]	(8,470)
Net		$ 26,113
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2008
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand At Matthews Commons | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,357
Wholly Owned Properties - Residential | Colonial Grand At Arringdon
Real Estate And Accumulated Depreciation [Line Items]
Location		Morrisville, NC
Initial Cost Land		$ 6,401
Initial Cost Buildings and Fixtures		31,134
Gross Amount, Land		6,401
Gross Amount, Buildings and Fixtures		34,868
Total	[1]	41,269
Accumulated Depreciation	[2]	(9,465)
Net		$ 31,804
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2003
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand At Arringdon | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 3,734
Wholly Owned Properties - Residential | Colonial Grand At Brier Creek Raleigh Nc
Real Estate And Accumulated Depreciation [Line Items]
Location		Raleigh, NC
Initial Cost Land		$ 7,372
Initial Cost Buildings and Fixtures		50,202
Gross Amount, Land		7,372
Gross Amount, Buildings and Fixtures		52,791
Total	[1]	60,163
Accumulated Depreciation	[2]	(13,800)
Net		$ 46,363
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2010
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand At Brier Creek Raleigh Nc | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,589
Wholly Owned Properties - Residential | Colonial Grand At Brier Falls Raleigh Nc
Real Estate And Accumulated Depreciation [Line Items]
Location		Raleigh, NC
Initial Cost Land		$ 6,572
Initial Cost Buildings and Fixtures		48,910
Gross Amount, Land		6,572
Gross Amount, Buildings and Fixtures		51,285
Total	[1]	57,857
Accumulated Depreciation	[2]	(13,103)
Net		$ 44,754
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2008
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand At Brier Falls Raleigh Nc | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,375
Wholly Owned Properties - Residential | Colonial Grand At Crabtree Valley
Real Estate And Accumulated Depreciation [Line Items]
Location		Raleigh, NC
Initial Cost Land		$ 2,241
Initial Cost Buildings and Fixtures		18,434
Gross Amount, Land		2,241
Gross Amount, Buildings and Fixtures		20,512
Total	[1]	22,753
Accumulated Depreciation	[2]	(5,207)
Net		$ 17,546
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1997
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand At Crabtree Valley | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,078
Wholly Owned Properties - Residential | Hue
Real Estate And Accumulated Depreciation [Line Items]
Location		Raleigh, NC
Initial Cost Land		$ 3,690
Initial Cost Buildings and Fixtures		29,910
Gross Amount, Land		3,690
Gross Amount, Buildings and Fixtures		32,545
Total	[1]	36,235
Accumulated Depreciation	[2]	(8,522)
Net		$ 27,713
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2009
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2010
Wholly Owned Properties - Residential | Hue | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,635
Wholly Owned Properties - Residential | Colonial Grand At Trinity Commons
Real Estate And Accumulated Depreciation [Line Items]
Location		Raleigh, NC
Initial Cost Land		$ 5,232
Initial Cost Buildings and Fixtures		45,138
Gross Amount, Land		5,232
Gross Amount, Buildings and Fixtures		49,271
Total	[1]	54,503
Accumulated Depreciation	[2]	(13,833)
Net		$ 40,670
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand At Trinity Commons | Phase I [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2000
Wholly Owned Properties - Residential | Colonial Grand At Trinity Commons | Phase II [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2002
Wholly Owned Properties - Residential | Colonial Grand At Trinity Commons | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 4,133
Wholly Owned Properties - Residential | Post Parksideat Wade
Real Estate And Accumulated Depreciation [Line Items]
Location		Raleigh, NC
Initial Cost Land		$ 7,196
Initial Cost Buildings and Fixtures		51,972
Gross Amount, Land		7,196
Gross Amount, Buildings and Fixtures		53,184
Total	[1]	60,380
Accumulated Depreciation	[2]	(6,259)
Net		$ 54,121
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2011
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | Post Parksideat Wade | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 1,212
Wholly Owned Properties - Residential | Post Parksideat Wade I I
Real Estate And Accumulated Depreciation [Line Items]
Location		Raleigh, NC
Initial Cost Land		$ 9,450
Initial Cost Buildings and Fixtures		46,316
Gross Amount, Land		10,037
Gross Amount, Buildings and Fixtures		47,952
Total	[1]	57,989
Accumulated Depreciation	[2]	(8,923)
Net		$ 49,066
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2017
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | Post Parksideat Wade I I | Land [Member]
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 587
Wholly Owned Properties - Residential | Post Parksideat Wade I I | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 1,636
Wholly Owned Properties - Residential | Post Parkside At Wade I I I
Real Estate And Accumulated Depreciation [Line Items]
Location		Raleigh, NC
Initial Cost Land		$ 2,200
Gross Amount, Land		2,200
Gross Amount, Buildings and Fixtures		21,523
Total	[1]	23,723
Accumulated Depreciation	[2]	(283)
Net		$ 23,440
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2019
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | Post Parkside At Wade I I I | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 21,523
Wholly Owned Properties - Residential | Preserve At Brier Creek
Real Estate And Accumulated Depreciation [Line Items]
Location		Raleigh, NC
Initial Cost Land		$ 5,850
Initial Cost Buildings and Fixtures		21,980
Gross Amount, Land		5,831
Gross Amount, Buildings and Fixtures		47,977
Total	[1]	53,808
Accumulated Depreciation	[2]	(19,476)
Net		$ 34,332
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2004
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2006
Wholly Owned Properties - Residential | Preserve At Brier Creek | Land [Member]
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ (19)
Wholly Owned Properties - Residential | Preserve At Brier Creek | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 25,997
Wholly Owned Properties - Residential | Providence At Brier Creek
Real Estate And Accumulated Depreciation [Line Items]
Location		Raleigh, NC
Initial Cost Land		$ 4,695
Initial Cost Buildings and Fixtures		29,007
Gross Amount, Land		4,695
Gross Amount, Buildings and Fixtures		31,218
Total	[1]	35,913
Accumulated Depreciation	[2]	(12,347)
Net		$ 23,566
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2007
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2008
Wholly Owned Properties - Residential | Providence At Brier Creek | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,211
Wholly Owned Properties - Residential | Tanglewood
Real Estate And Accumulated Depreciation [Line Items]
Location		Anderson, SC
Initial Cost Land		$ 427
Initial Cost Buildings and Fixtures		3,853
Gross Amount, Land		427
Gross Amount, Buildings and Fixtures		6,918
Total	[1]	7,345
Accumulated Depreciation	[2]	(5,518)
Net		$ 1,827
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1980
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 1994
Wholly Owned Properties - Residential | Tanglewood | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 3,065
Wholly Owned Properties - Residential | Colonial Grand At Cypress Cove
Real Estate And Accumulated Depreciation [Line Items]
Location		Charleston, SC
Initial Cost Land		$ 3,610
Initial Cost Buildings and Fixtures		28,645
Gross Amount, Land		3,610
Gross Amount, Buildings and Fixtures		31,120
Total	[1]	34,730
Accumulated Depreciation	[2]	(8,683)
Net		$ 26,047
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2001
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand At Cypress Cove | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,475
Wholly Owned Properties - Residential | Colonial Village At Hampton Pointe
Real Estate And Accumulated Depreciation [Line Items]
Location		Charleston, SC
Initial Cost Land		$ 3,971
Initial Cost Buildings and Fixtures		22,790
Gross Amount, Land		3,971
Gross Amount, Buildings and Fixtures		28,902
Total	[1]	32,873
Accumulated Depreciation	[2]	(7,846)
Net		$ 25,027
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1986
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Village At Hampton Pointe | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 6,112
Wholly Owned Properties - Residential | Colonial Grand At Quarterdeck
Real Estate And Accumulated Depreciation [Line Items]
Location		Charleston, SC
Initial Cost Land		$ 920
Initial Cost Buildings and Fixtures		24,097
Gross Amount, Land		920
Gross Amount, Buildings and Fixtures		30,232
Total	[1]	31,152
Accumulated Depreciation	[2]	(8,238)
Net		$ 22,914
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1987
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand At Quarterdeck | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 6,135
Wholly Owned Properties - Residential | Colonial Village At Westchase
Real Estate And Accumulated Depreciation [Line Items]
Location		Charleston, SC
Initial Cost Land		$ 4,571
Initial Cost Buildings and Fixtures		20,091
Gross Amount, Land		4,571
Gross Amount, Buildings and Fixtures		24,464
Total	[1]	29,035
Accumulated Depreciation	[2]	(7,483)
Net		$ 21,552
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1985
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Village At Westchase | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 4,373
Wholly Owned Properties - Residential | Rivers Walk
Real Estate And Accumulated Depreciation [Line Items]
Location		Charleston, SC
Initial Cost Land		$ 8,831
Initial Cost Buildings and Fixtures		39,430
Gross Amount, Land		8,831
Gross Amount, Buildings and Fixtures		41,277
Total	[1]	50,108
Accumulated Depreciation	[2]	(5,699)
Net		$ 44,409
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Rivers Walk | Phase I [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2013
Wholly Owned Properties - Residential | Rivers Walk | Phase II [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2016
Wholly Owned Properties - Residential | Rivers Walk | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 1,847
Wholly Owned Properties - Residential | A1201 Midtown
Real Estate And Accumulated Depreciation [Line Items]
Location		Charleston, SC
Initial Cost Land		$ 11,929
Initial Cost Buildings and Fixtures		57,885
Gross Amount, Land		11,929
Gross Amount, Buildings and Fixtures		58,562
Total	[1]	70,491
Accumulated Depreciation	[2]	(5,346)
Net		$ 65,145
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2015
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | A1201 Midtown | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 677
Wholly Owned Properties - Residential | A1201 Midtown I I
Real Estate And Accumulated Depreciation [Line Items]
Location		Charleston, SC
Initial Cost Land		$ 6,750
Initial Cost Buildings and Fixtures		5,874
Gross Amount, Land		6,750
Gross Amount, Buildings and Fixtures		21,895
Total	[1]	28,645
Accumulated Depreciation	[2]	(826)
Net		$ 27,819
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2018
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | A1201 Midtown I I | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 16,021
Wholly Owned Properties - Residential | Fairways
Real Estate And Accumulated Depreciation [Line Items]
Location		Columbia, SC
Initial Cost Land		$ 910
Initial Cost Buildings and Fixtures		8,207
Gross Amount, Land		910
Gross Amount, Buildings and Fixtures		11,653
Total	[1]	12,563
Accumulated Depreciation	[2]	(8,994)
Net		$ 3,569
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1992
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 1994
Wholly Owned Properties - Residential | Fairways | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 3,446
Wholly Owned Properties - Residential | Paddock Club Columbia
Real Estate And Accumulated Depreciation [Line Items]
Location		Columbia, SC
Initial Cost Land		$ 1,840
Initial Cost Buildings and Fixtures		16,560
Gross Amount, Land		1,840
Gross Amount, Buildings and Fixtures		22,010
Total	[1]	23,850
Accumulated Depreciation	[2]	(15,348)
Net		$ 8,502
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1991
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 1997
Wholly Owned Properties - Residential | Paddock Club Columbia | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 5,450
Wholly Owned Properties - Residential | Colonial Village At Windsor Place
Real Estate And Accumulated Depreciation [Line Items]
Location		Goose Creek, SC
Initial Cost Land		$ 1,321
Initial Cost Buildings and Fixtures		14,163
Gross Amount, Land		1,321
Gross Amount, Buildings and Fixtures		17,506
Total	[1]	18,827
Accumulated Depreciation	[2]	(5,448)
Net		$ 13,379
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1985
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Village At Windsor Place | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 3,343
Wholly Owned Properties - Residential | Highland Ridge
Real Estate And Accumulated Depreciation [Line Items]
Location		Greenville, SC
Initial Cost Land		$ 482
Initial Cost Buildings and Fixtures		4,337
Gross Amount, Land		482
Gross Amount, Buildings and Fixtures		7,319
Total	[1]	7,801
Accumulated Depreciation	[2]	(5,037)
Net		$ 2,764
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1984
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 1995
Wholly Owned Properties - Residential | Highland Ridge | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,982
Wholly Owned Properties - Residential | Howell Commons
Real Estate And Accumulated Depreciation [Line Items]
Location		Greenville, SC
Initial Cost Land		$ 1,304
Initial Cost Buildings and Fixtures		11,740
Gross Amount, Land		1,304
Gross Amount, Buildings and Fixtures		15,866
Total	[1]	17,170
Accumulated Depreciation	[2]	(11,380)
Net		$ 5,790
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1987
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 1997
Wholly Owned Properties - Residential | Howell Commons | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 4,126
Wholly Owned Properties - Residential | Paddock Club Greenville
Real Estate And Accumulated Depreciation [Line Items]
Location		Greenville, SC
Initial Cost Land		$ 1,200
Initial Cost Buildings and Fixtures		10,800
Gross Amount, Land		1,200
Gross Amount, Buildings and Fixtures		13,477
Total	[1]	14,677
Accumulated Depreciation	[2]	(9,306)
Net		$ 5,371
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1996
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 1997
Wholly Owned Properties - Residential | Paddock Club Greenville | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,677
Wholly Owned Properties - Residential | Park Haywood
Real Estate And Accumulated Depreciation [Line Items]
Location		Greenville, SC
Initial Cost Land		$ 325
Initial Cost Buildings and Fixtures		2,925
Gross Amount, Land		360
Gross Amount, Buildings and Fixtures		7,741
Total	[1]	8,101
Accumulated Depreciation	[2]	(5,797)
Net		$ 2,304
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1983
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 1993
Wholly Owned Properties - Residential | Park Haywood | Land [Member]
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 35
Wholly Owned Properties - Residential | Park Haywood | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 4,816
Wholly Owned Properties - Residential | Spring Creek
Real Estate And Accumulated Depreciation [Line Items]
Location		Greenville, SC
Initial Cost Land		$ 597
Initial Cost Buildings and Fixtures		5,374
Gross Amount, Land		583
Gross Amount, Buildings and Fixtures		8,405
Total	[1]	8,988
Accumulated Depreciation	[2]	(6,216)
Net		$ 2,772
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1983
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 1995
Wholly Owned Properties - Residential | Spring Creek | Land [Member]
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ (14)
Wholly Owned Properties - Residential | Spring Creek | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 3,031
Wholly Owned Properties - Residential | Innovation Apartment Homes
Real Estate And Accumulated Depreciation [Line Items]
Location		Greenville, SC
Initial Cost Land		$ 4,437
Initial Cost Buildings and Fixtures		52,026
Gross Amount, Land		4,437
Gross Amount, Buildings and Fixtures		53,572
Total	[1]	58,009
Accumulated Depreciation	[2]	(6,098)
Net		$ 51,911
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2015
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | Innovation Apartment Homes | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 1,546
Wholly Owned Properties - Residential | The Greene [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Greenville, SC
Initial Cost Land		$ 5,420
Initial Cost Buildings and Fixtures		66,546
Gross Amount, Land		5,427
Gross Amount, Buildings and Fixtures		66,649
Total	[1]	72,076
Accumulated Depreciation	[2]	(158)
Net		$ 71,918
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2019
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2019
Wholly Owned Properties - Residential | The Greene [Member] | Land [Member]
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 7
Wholly Owned Properties - Residential | The Greene [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 103
Wholly Owned Properties - Residential | Runaway Bay
Real Estate And Accumulated Depreciation [Line Items]
Location		Mt. Pleasant, SC
Initial Cost Land		$ 1,085
Initial Cost Buildings and Fixtures		7,269
Gross Amount, Land		1,097
Gross Amount, Buildings and Fixtures		14,109
Total	[1]	15,206
Accumulated Depreciation	[2]	(9,997)
Net		$ 5,209
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1988
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 1995
Wholly Owned Properties - Residential | Runaway Bay | Land [Member]
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 12
Wholly Owned Properties - Residential | Runaway Bay | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 6,840
Wholly Owned Properties - Residential | Colonial Grand At Commerce Park Charleston Sc
Real Estate And Accumulated Depreciation [Line Items]
Location		North Charleston, SC
Initial Cost Land		$ 2,780
Initial Cost Buildings and Fixtures		33,966
Gross Amount, Land		2,780
Gross Amount, Buildings and Fixtures		36,806
Total	[1]	39,586
Accumulated Depreciation	[2]	(9,678)
Net		$ 29,908
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2008
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand At Commerce Park Charleston Sc | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,840
Wholly Owned Properties - Residential | Brookwood535
Real Estate And Accumulated Depreciation [Line Items]
Location		Simpsonville, SC
Encumbrances		$ 11,690
Initial Cost Land		1,216
Initial Cost Buildings and Fixtures		18,666
Gross Amount, Land		1,216
Gross Amount, Buildings and Fixtures		20,441
Total	[1]	21,657
Accumulated Depreciation	[2]	(6,856)
Net		$ 14,801
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2008
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2010
Wholly Owned Properties - Residential | Brookwood535 | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 1,775
Wholly Owned Properties - Residential | Park Place
Real Estate And Accumulated Depreciation [Line Items]
Location		Spartanburg, SC
Initial Cost Land		$ 723
Initial Cost Buildings and Fixtures		6,504
Gross Amount, Land		723
Gross Amount, Buildings and Fixtures		9,665
Total	[1]	10,388
Accumulated Depreciation	[2]	(6,966)
Net		$ 3,422
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1987
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 1997
Wholly Owned Properties - Residential | Park Place | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 3,161
Wholly Owned Properties - Residential | Farmington Village
Real Estate And Accumulated Depreciation [Line Items]
Location		Summerville, SC
Initial Cost Land		$ 2,800
Initial Cost Buildings and Fixtures		26,295
Gross Amount, Land		2,800
Gross Amount, Buildings and Fixtures		28,908
Total	[1]	31,708
Accumulated Depreciation	[2]	(12,090)
Net		$ 19,618
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2007
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2007
Wholly Owned Properties - Residential | Farmington Village | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,613
Wholly Owned Properties - Residential | Colonial Village At Waters Edge
Real Estate And Accumulated Depreciation [Line Items]
Location		Summerville, SC
Initial Cost Land		$ 2,103
Initial Cost Buildings and Fixtures		9,187
Gross Amount, Land		2,103
Gross Amount, Buildings and Fixtures		13,404
Total	[1]	15,507
Accumulated Depreciation	[2]	(4,789)
Net		$ 10,718
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1985
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Village At Waters Edge | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 4,217
Wholly Owned Properties - Residential | Hamilton Pointe
Real Estate And Accumulated Depreciation [Line Items]
Location		Chattanooga, TN
Initial Cost Land		$ 1,131
Initial Cost Buildings and Fixtures		10,632
Gross Amount, Land		1,131
Gross Amount, Buildings and Fixtures		15,354
Total	[1]	16,485
Accumulated Depreciation	[2]	(8,518)
Net		$ 7,967
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1989
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 1992
Wholly Owned Properties - Residential | Hamilton Pointe | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 4,722
Wholly Owned Properties - Residential | Hidden Creek
Real Estate And Accumulated Depreciation [Line Items]
Location		Chattanooga, TN
Initial Cost Land		$ 972
Initial Cost Buildings and Fixtures		8,954
Gross Amount, Land		972
Gross Amount, Buildings and Fixtures		15,314
Total	[1]	16,286
Accumulated Depreciation	[2]	(7,235)
Net		$ 9,051
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1987
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 1988
Wholly Owned Properties - Residential | Hidden Creek | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 6,360
Wholly Owned Properties - Residential | Steeplechase
Real Estate And Accumulated Depreciation [Line Items]
Location		Chattanooga, TN
Initial Cost Land		$ 217
Initial Cost Buildings and Fixtures		1,957
Gross Amount, Land		217
Gross Amount, Buildings and Fixtures		5,470
Total	[1]	5,687
Accumulated Depreciation	[2]	(3,822)
Net		$ 1,865
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1986
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 1991
Wholly Owned Properties - Residential | Steeplechase | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 3,513
Wholly Owned Properties - Residential | Windridge
Real Estate And Accumulated Depreciation [Line Items]
Location		Chattanooga, TN
Initial Cost Land		$ 817
Initial Cost Buildings and Fixtures		7,416
Gross Amount, Land		817
Gross Amount, Buildings and Fixtures		11,974
Total	[1]	12,791
Accumulated Depreciation	[2]	(8,409)
Net		$ 4,382
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1984
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 1997
Wholly Owned Properties - Residential | Windridge | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 4,558
Wholly Owned Properties - Residential | Kirby Station
Real Estate And Accumulated Depreciation [Line Items]
Location		Memphis, TN
Initial Cost Land		$ 1,148
Initial Cost Buildings and Fixtures		10,337
Gross Amount, Land		1,148
Gross Amount, Buildings and Fixtures		20,993
Total	[1]	22,141
Accumulated Depreciation	[2]	(14,910)
Net		$ 7,231
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1978
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 1994
Wholly Owned Properties - Residential | Kirby Station | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 10,656
Wholly Owned Properties - Residential | Lincoln On Green
Real Estate And Accumulated Depreciation [Line Items]
Location		Memphis, TN
Initial Cost Land		$ 1,498
Initial Cost Buildings and Fixtures		20,483
Gross Amount, Land		1,498
Gross Amount, Buildings and Fixtures		37,638
Total	[1]	39,136
Accumulated Depreciation	[2]	(27,288)
Net		$ 11,848
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1992
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 1994
Wholly Owned Properties - Residential | Lincoln On Green | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 17,155
Wholly Owned Properties - Residential | Park Estate
Real Estate And Accumulated Depreciation [Line Items]
Location		Memphis, TN
Initial Cost Land		$ 178
Initial Cost Buildings and Fixtures		1,141
Gross Amount, Land		178
Gross Amount, Buildings and Fixtures		5,240
Total	[1]	5,418
Accumulated Depreciation	[2]	(3,950)
Net		$ 1,468
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1974
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 1977
Wholly Owned Properties - Residential | Park Estate | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 4,099
Wholly Owned Properties - Residential | Reserve At Dexter Lake
Real Estate And Accumulated Depreciation [Line Items]
Location		Memphis, TN
Initial Cost Land		$ 1,260
Initial Cost Buildings and Fixtures		16,043
Gross Amount, Land		3,407
Gross Amount, Buildings and Fixtures		58,853
Total	[1]	62,260
Accumulated Depreciation	[2]	(28,908)
Net		$ 33,352
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2000
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 1998
Wholly Owned Properties - Residential | Reserve At Dexter Lake | Land [Member]
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,147
Wholly Owned Properties - Residential | Reserve At Dexter Lake | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 42,810
Wholly Owned Properties - Residential | Paddock Club Murfreesboro
Real Estate And Accumulated Depreciation [Line Items]
Location		Murfreesboro, TN
Initial Cost Land		$ 915
Initial Cost Buildings and Fixtures		14,774
Gross Amount, Land		915
Gross Amount, Buildings and Fixtures		18,550
Total	[1]	19,465
Accumulated Depreciation	[2]	(10,187)
Net		$ 9,278
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1999
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 1998
Wholly Owned Properties - Residential | Paddock Club Murfreesboro | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 3,776
Wholly Owned Properties - Residential | Acklen West End
Real Estate And Accumulated Depreciation [Line Items]
Location		Nashville, TN
Initial Cost Land		$ 12,761
Initial Cost Buildings and Fixtures		58,906
Gross Amount, Land		12,761
Gross Amount, Buildings and Fixtures		59,967
Total	[1]	72,728
Accumulated Depreciation	[2]	(4,369)
Net		$ 68,359
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2015
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2017
Wholly Owned Properties - Residential | Acklen West End | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 1,061
Wholly Owned Properties - Residential | Aventura At Indian Lake Village
Real Estate And Accumulated Depreciation [Line Items]
Location		Nashville, TN
Initial Cost Land		$ 4,950
Initial Cost Buildings and Fixtures		28,053
Gross Amount, Land		4,950
Gross Amount, Buildings and Fixtures		30,199
Total	[1]	35,149
Accumulated Depreciation	[2]	(8,800)
Net		$ 26,349
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2010
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2011
Wholly Owned Properties - Residential | Aventura At Indian Lake Village | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,146
Wholly Owned Properties - Residential | Avondale At Kennesaw
Real Estate And Accumulated Depreciation [Line Items]
Location		Nashville, TN
Encumbrances		$ 16,110
Initial Cost Land		3,456
Initial Cost Buildings and Fixtures		22,443
Gross Amount, Land		3,456
Gross Amount, Buildings and Fixtures		25,827
Total	[1]	29,283
Accumulated Depreciation	[2]	(8,530)
Net		$ 20,753
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2008
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2010
Wholly Owned Properties - Residential | Avondale At Kennesaw | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 3,384
Wholly Owned Properties - Residential | Brentwood Downs
Real Estate And Accumulated Depreciation [Line Items]
Location		Nashville, TN
Initial Cost Land		$ 1,193
Initial Cost Buildings and Fixtures		10,739
Gross Amount, Land		1,191
Gross Amount, Buildings and Fixtures		19,657
Total	[1]	20,848
Accumulated Depreciation	[2]	(12,910)
Net		$ 7,938
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1986
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 1994
Wholly Owned Properties - Residential | Brentwood Downs | Land [Member]
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ (2)
Wholly Owned Properties - Residential | Brentwood Downs | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 8,918
Wholly Owned Properties - Residential | Charlotteat M Idtown
Real Estate And Accumulated Depreciation [Line Items]
Location		Nashville, TN
Initial Cost Land		$ 7,898
Initial Cost Buildings and Fixtures		54,480
Gross Amount, Land		7,898
Gross Amount, Buildings and Fixtures		55,526
Total	[1]	63,424
Accumulated Depreciation	[2]	(4,452)
Net		$ 58,972
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2016
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2017
Wholly Owned Properties - Residential | Charlotteat M Idtown | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 1,046
Wholly Owned Properties - Residential | Colonial Grand At Bellevue
Real Estate And Accumulated Depreciation [Line Items]
Location		Nashville, TN
Encumbrances		$ 19,654
Initial Cost Land		17,278
Initial Cost Buildings and Fixtures		64,196
Gross Amount, Land		17,276
Gross Amount, Buildings and Fixtures		68,995
Total	[1]	86,271
Accumulated Depreciation	[2]	(14,544)
Net		$ 71,727
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand At Bellevue | Phase I [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1996
Wholly Owned Properties - Residential | Colonial Grand At Bellevue | Phase II [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2015
Wholly Owned Properties - Residential | Colonial Grand At Bellevue | Land [Member]
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ (2)
Wholly Owned Properties - Residential | Colonial Grand At Bellevue | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 4,799
Wholly Owned Properties - Residential | Grand View Nashville
Real Estate And Accumulated Depreciation [Line Items]
Location		Nashville, TN
Initial Cost Land		$ 2,963
Initial Cost Buildings and Fixtures		33,673
Gross Amount, Land		2,963
Gross Amount, Buildings and Fixtures		42,440
Total	[1]	45,403
Accumulated Depreciation	[2]	(21,265)
Net		$ 24,138
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2001
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 1998
Wholly Owned Properties - Residential | Grand View Nashville | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 8,767
Wholly Owned Properties - Residential | Monthaven Park
Real Estate And Accumulated Depreciation [Line Items]
Location		Nashville, TN
Initial Cost Land		$ 2,736
Initial Cost Buildings and Fixtures		28,902
Gross Amount, Land		2,736
Gross Amount, Buildings and Fixtures		35,045
Total	[1]	37,781
Accumulated Depreciation	[2]	(18,873)
Net		$ 18,908
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2000
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2004
Wholly Owned Properties - Residential | Monthaven Park | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 6,143
Wholly Owned Properties - Residential | Park At Hermitage
Real Estate And Accumulated Depreciation [Line Items]
Location		Nashville, TN
Initial Cost Land		$ 1,524
Initial Cost Buildings and Fixtures		14,800
Gross Amount, Land		1,524
Gross Amount, Buildings and Fixtures		24,296
Total	[1]	25,820
Accumulated Depreciation	[2]	(18,141)
Net		$ 7,679
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1987
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 1995
Wholly Owned Properties - Residential | Park At Hermitage | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 9,496
Wholly Owned Properties - Residential | Venue At Cool Springs
Real Estate And Accumulated Depreciation [Line Items]
Location		Nashville, TN
Initial Cost Land		$ 6,670
Gross Amount, Land		6,670
Gross Amount, Buildings and Fixtures		52,305
Total	[1]	58,975
Accumulated Depreciation	[2]	(10,230)
Net		$ 48,745
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2012
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2010
Wholly Owned Properties - Residential | Venue At Cool Springs | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 52,305
Wholly Owned Properties - Residential | Verandas At Sam Ridley
Real Estate And Accumulated Depreciation [Line Items]
Location		Nashville, TN
Encumbrances		$ 19,828
Initial Cost Land		3,350
Initial Cost Buildings and Fixtures		28,308
Gross Amount, Land		3,350
Gross Amount, Buildings and Fixtures		31,356
Total	[1]	34,706
Accumulated Depreciation	[2]	(10,201)
Net		$ 24,505
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2009
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2010
Wholly Owned Properties - Residential | Verandas At Sam Ridley | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 3,048
Wholly Owned Properties - Residential | Balcones Woods
Real Estate And Accumulated Depreciation [Line Items]
Location		Austin, TX
Initial Cost Land		$ 1,598
Initial Cost Buildings and Fixtures		14,398
Gross Amount, Land		1,598
Gross Amount, Buildings and Fixtures		24,433
Total	[1]	26,031
Accumulated Depreciation	[2]	(17,071)
Net		$ 8,960
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1983
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 1997
Wholly Owned Properties - Residential | Balcones Woods | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 10,035
Wholly Owned Properties - Residential | Colonial Grand At Canyon Creek Austin Tx
Real Estate And Accumulated Depreciation [Line Items]
Location		Austin, TX
Initial Cost Land		$ 3,621
Initial Cost Buildings and Fixtures		32,137
Gross Amount, Land		3,621
Gross Amount, Buildings and Fixtures		34,102
Total	[1]	37,723
Accumulated Depreciation	[2]	(9,409)
Net		$ 28,314
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2008
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand At Canyon Creek Austin Tx | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 1,965
Wholly Owned Properties - Residential | Colonial Grand At Canyon Ranch
Real Estate And Accumulated Depreciation [Line Items]
Location		Austin, TX
Initial Cost Land		$ 3,778
Initial Cost Buildings and Fixtures		20,201
Gross Amount, Land		3,778
Gross Amount, Buildings and Fixtures		22,578
Total	[1]	26,356
Accumulated Depreciation	[2]	(6,907)
Net		$ 19,449
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2003
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand At Canyon Ranch | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,377
Wholly Owned Properties - Residential | Colonial Grand At Double Creek Austin Tx
Real Estate And Accumulated Depreciation [Line Items]
Location		Austin, TX
Initial Cost Land		$ 3,131
Initial Cost Buildings and Fixtures		29,375
Gross Amount, Land		3,131
Gross Amount, Buildings and Fixtures		30,425
Total	[1]	33,556
Accumulated Depreciation	[2]	(8,413)
Net		$ 25,143
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2013
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand At Double Creek Austin Tx | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 1,050
Wholly Owned Properties - Residential | Colonial Grand At Onion Creek
Real Estate And Accumulated Depreciation [Line Items]
Location		Austin, TX
Initial Cost Land		$ 4,902
Initial Cost Buildings and Fixtures		33,010
Gross Amount, Land		4,902
Gross Amount, Buildings and Fixtures		35,287
Total	[1]	40,189
Accumulated Depreciation	[2]	(9,883)
Net		$ 30,306
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2009
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand At Onion Creek | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,277
Wholly Owned Properties - Residential | Grand Reserve At Sunset Valley
Real Estate And Accumulated Depreciation [Line Items]
Location		Austin, TX
Initial Cost Land		$ 3,150
Initial Cost Buildings and Fixtures		11,393
Gross Amount, Land		3,150
Gross Amount, Buildings and Fixtures		15,270
Total	[1]	18,420
Accumulated Depreciation	[2]	(7,842)
Net		$ 10,578
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1996
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2004
Wholly Owned Properties - Residential | Grand Reserve At Sunset Valley | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 3,877
Wholly Owned Properties - Residential | Colonial Village At Quarry Oaks
Real Estate And Accumulated Depreciation [Line Items]
Location		Austin, TX
Initial Cost Land		$ 4,621
Initial Cost Buildings and Fixtures		34,461
Gross Amount, Land		4,621
Gross Amount, Buildings and Fixtures		40,907
Total	[1]	45,528
Accumulated Depreciation	[2]	(12,562)
Net		$ 32,966
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1996
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Village At Quarry Oaks | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 6,446
Wholly Owned Properties - Residential | Colonial Grand At Wells Branch
Real Estate And Accumulated Depreciation [Line Items]
Location		Austin, TX
Initial Cost Land		$ 3,094
Initial Cost Buildings and Fixtures		32,283
Gross Amount, Land		3,388
Gross Amount, Buildings and Fixtures		34,148
Total	[1]	37,536
Accumulated Depreciation	[2]	(8,933)
Net		$ 28,603
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2008
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand At Wells Branch | Land [Member]
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 294
Wholly Owned Properties - Residential | Colonial Grand At Wells Branch | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 1,865
Wholly Owned Properties - Residential | Legacy At Western Oaks
Real Estate And Accumulated Depreciation [Line Items]
Location		Austin, TX
Initial Cost Land		$ 9,100
Initial Cost Buildings and Fixtures		49,339
Gross Amount, Land		9,100
Gross Amount, Buildings and Fixtures		50,433
Total	[1]	59,533
Accumulated Depreciation	[2]	(13,984)
Net		$ 45,549
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2001
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2009
Wholly Owned Properties - Residential | Legacy At Western Oaks | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 1,094
Wholly Owned Properties - Residential | Post Barton Creek
Real Estate And Accumulated Depreciation [Line Items]
Location		Austin, TX
Initial Cost Land		$ 8,683
Initial Cost Buildings and Fixtures		21,497
Gross Amount, Land		8,683
Gross Amount, Buildings and Fixtures		22,740
Total	[1]	31,423
Accumulated Depreciation	[2]	(3,159)
Net		$ 28,264
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1998
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | Post Barton Creek | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 1,243
Wholly Owned Properties - Residential | Post Park Mesa
Real Estate And Accumulated Depreciation [Line Items]
Location		Austin, TX
Initial Cost Land		$ 4,653
Initial Cost Buildings and Fixtures		19,828
Gross Amount, Land		4,653
Gross Amount, Buildings and Fixtures		20,777
Total	[1]	25,430
Accumulated Depreciation	[2]	(2,527)
Net		$ 22,903
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1992
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | Post Park Mesa | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 949
Wholly Owned Properties - Residential | Post South Lamar
Real Estate And Accumulated Depreciation [Line Items]
Location		Austin, TX
Initial Cost Land		$ 11,542
Initial Cost Buildings and Fixtures		41,293
Gross Amount, Land		11,542
Gross Amount, Buildings and Fixtures		43,474
Total	[1]	55,016
Accumulated Depreciation	[2]	(6,450)
Net		$ 48,566
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2011
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | Post South Lamar | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,181
Wholly Owned Properties - Residential | Post South Lamar I I
Real Estate And Accumulated Depreciation [Line Items]
Location		Austin, TX
Initial Cost Land		$ 9,000
Initial Cost Buildings and Fixtures		32,800
Gross Amount, Land		9,000
Gross Amount, Buildings and Fixtures		52,930
Total	[1]	61,930
Accumulated Depreciation	[2]	(3,724)
Net		$ 58,206
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2017
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | Post South Lamar I I | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 20,130
Wholly Owned Properties - Residential | Post West Austin
Real Estate And Accumulated Depreciation [Line Items]
Location		Austin, TX
Initial Cost Land		$ 7,805
Initial Cost Buildings and Fixtures		48,843
Gross Amount, Land		7,805
Gross Amount, Buildings and Fixtures		50,266
Total	[1]	58,071
Accumulated Depreciation	[2]	(7,403)
Net		$ 50,668
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2009
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | Post West Austin | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 1,423
Wholly Owned Properties - Residential | Silverado
Real Estate And Accumulated Depreciation [Line Items]
Location		Austin, TX
Initial Cost Land		$ 2,900
Initial Cost Buildings and Fixtures		24,009
Gross Amount, Land		2,900
Gross Amount, Buildings and Fixtures		28,427
Total	[1]	31,327
Accumulated Depreciation	[2]	(13,376)
Net		$ 17,951
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2003
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2006
Wholly Owned Properties - Residential | Silverado | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 4,418
Wholly Owned Properties - Residential | Stassney Woods
Real Estate And Accumulated Depreciation [Line Items]
Location		Austin, TX
Initial Cost Land		$ 1,621
Initial Cost Buildings and Fixtures		7,501
Gross Amount, Land		1,621
Gross Amount, Buildings and Fixtures		16,120
Total	[1]	17,741
Accumulated Depreciation	[2]	(10,746)
Net		$ 6,995
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1985
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 1995
Wholly Owned Properties - Residential | Stassney Woods | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 8,619
Wholly Owned Properties - Residential | Sixty600
Real Estate And Accumulated Depreciation [Line Items]
Location		Austin, TX
Initial Cost Land		$ 2,281
Initial Cost Buildings and Fixtures		6,169
Gross Amount, Land		2,281
Gross Amount, Buildings and Fixtures		14,459
Total	[1]	16,740
Accumulated Depreciation	[2]	(9,544)
Net		$ 7,196
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1987
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 1995
Wholly Owned Properties - Residential | Sixty600 | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 8,290
Wholly Owned Properties - Residential | Woods On Barton Skyway
Real Estate And Accumulated Depreciation [Line Items]
Location		Austin, TX
Initial Cost Land		$ 1,405
Initial Cost Buildings and Fixtures		12,769
Gross Amount, Land		1,405
Gross Amount, Buildings and Fixtures		23,013
Total	[1]	24,418
Accumulated Depreciation	[2]	(11,343)
Net		$ 13,075
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1977
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 1997
Wholly Owned Properties - Residential | Woods On Barton Skyway | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 10,244
Wholly Owned Properties - Residential | Colonial Village At Shoal Creek
Real Estate And Accumulated Depreciation [Line Items]
Location		Bedford, TX
Initial Cost Land		$ 4,982
Initial Cost Buildings and Fixtures		27,377
Gross Amount, Land		4,982
Gross Amount, Buildings and Fixtures		31,401
Total	[1]	36,383
Accumulated Depreciation	[2]	(9,230)
Net		$ 27,153
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1996
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Village At Shoal Creek | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 4,024
Wholly Owned Properties - Residential | Colonial Village At Willow Creek
Real Estate And Accumulated Depreciation [Line Items]
Location		Bedford, TX
Initial Cost Land		$ 3,109
Initial Cost Buildings and Fixtures		33,488
Gross Amount, Land		3,109
Gross Amount, Buildings and Fixtures		41,711
Total	[1]	44,820
Accumulated Depreciation	[2]	(12,218)
Net		$ 32,602
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1996
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Village At Willow Creek | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 8,223
Wholly Owned Properties - Residential | Colonial Grand At Hebron
Real Estate And Accumulated Depreciation [Line Items]
Location		Carrollton, TX
Initial Cost Land		$ 4,231
Initial Cost Buildings and Fixtures		42,237
Gross Amount, Land		4,231
Gross Amount, Buildings and Fixtures		43,749
Total	[1]	47,980
Accumulated Depreciation	[2]	(10,937)
Net		$ 37,043
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2011
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand At Hebron | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 1,512
Wholly Owned Properties - Residential | Colonial Grand At Silverado
Real Estate And Accumulated Depreciation [Line Items]
Location		Cedar Park, TX
Initial Cost Land		$ 3,282
Initial Cost Buildings and Fixtures		24,935
Gross Amount, Land		3,282
Gross Amount, Buildings and Fixtures		26,510
Total	[1]	29,792
Accumulated Depreciation	[2]	(7,245)
Net		$ 22,547
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2005
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand At Silverado | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 1,575
Wholly Owned Properties - Residential | Colonial Grand At Silverado Reserve
Real Estate And Accumulated Depreciation [Line Items]
Location		Cedar Park, TX
Initial Cost Land		$ 3,951
Initial Cost Buildings and Fixtures		31,705
Gross Amount, Land		3,951
Gross Amount, Buildings and Fixtures		33,961
Total	[1]	37,912
Accumulated Depreciation	[2]	(9,071)
Net		$ 28,841
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2005
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand At Silverado Reserve | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,256
Wholly Owned Properties - Residential | Grand Cypress
Real Estate And Accumulated Depreciation [Line Items]
Location		Cypress, TX
Initial Cost Land		$ 3,881
Initial Cost Buildings and Fixtures		24,267
Gross Amount, Land		3,881
Gross Amount, Buildings and Fixtures		25,804
Total	[1]	29,685
Accumulated Depreciation	[2]	(5,539)
Net		$ 24,146
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2008
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Grand Cypress | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 1,537
Wholly Owned Properties - Residential | Courtyards at Campbell
Real Estate And Accumulated Depreciation [Line Items]
Location		Dallas, TX
Initial Cost Land		$ 988
Initial Cost Buildings and Fixtures		8,893
Gross Amount, Land		988
Gross Amount, Buildings and Fixtures		13,059
Total	[1]	14,047
Accumulated Depreciation	[2]	(8,952)
Net		$ 5,095
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1986
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 1998
Wholly Owned Properties - Residential | Courtyards at Campbell | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 4,166
Wholly Owned Properties - Residential | Deer Run
Real Estate And Accumulated Depreciation [Line Items]
Location		Dallas, TX
Initial Cost Land		$ 1,252
Initial Cost Buildings and Fixtures		11,271
Gross Amount, Land		1,252
Gross Amount, Buildings and Fixtures		16,324
Total	[1]	17,576
Accumulated Depreciation	[2]	(11,455)
Net		$ 6,121
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1985
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 1998
Wholly Owned Properties - Residential | Deer Run | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 5,053
Wholly Owned Properties - Residential | Grand Courtyard
Real Estate And Accumulated Depreciation [Line Items]
Location		Dallas, TX
Initial Cost Land		$ 2,730
Initial Cost Buildings and Fixtures		22,240
Gross Amount, Land		2,730
Gross Amount, Buildings and Fixtures		26,909
Total	[1]	29,639
Accumulated Depreciation	[2]	(12,285)
Net		$ 17,354
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2000
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2006
Wholly Owned Properties - Residential | Grand Courtyard | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 4,669
Wholly Owned Properties - Residential | Legends at Lowe's Farm
Real Estate And Accumulated Depreciation [Line Items]
Location		Dallas, TX
Initial Cost Land		$ 5,016
Initial Cost Buildings and Fixtures		41,091
Gross Amount, Land		5,016
Gross Amount, Buildings and Fixtures		43,935
Total	[1]	48,951
Accumulated Depreciation	[2]	(13,043)
Net		$ 35,908
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2008
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2011
Wholly Owned Properties - Residential | Legends at Lowe's Farm | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,844
Wholly Owned Properties - Residential | Colonial Reserve At Medical District
Real Estate And Accumulated Depreciation [Line Items]
Location		Dallas, TX
Initial Cost Land		$ 4,050
Initial Cost Buildings and Fixtures		33,779
Gross Amount, Land		4,050
Gross Amount, Buildings and Fixtures		36,319
Total	[1]	40,369
Accumulated Depreciation	[2]	(8,655)
Net		$ 31,714
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2007
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Reserve At Medical District | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,540
Wholly Owned Properties - Residential | Post Abbey
Real Estate And Accumulated Depreciation [Line Items]
Location		Dallas, TX
Initial Cost Land		$ 2,711
Initial Cost Buildings and Fixtures		4,369
Gross Amount, Land		2,711
Gross Amount, Buildings and Fixtures		4,651
Total	[1]	7,362
Accumulated Depreciation	[2]	(588)
Net		$ 6,774
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1996
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | Post Abbey | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 282
Wholly Owned Properties - Residential | Post Addison Circle
Real Estate And Accumulated Depreciation [Line Items]
Location		Dallas, TX
Initial Cost Land		$ 12,308
Initial Cost Buildings and Fixtures		189,419
Gross Amount, Land		12,308
Gross Amount, Buildings and Fixtures		200,749
Total	[1]	213,057
Accumulated Depreciation	[2]	(24,380)
Net		$ 188,677
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | Post Addison Circle | Phase I [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1998
Wholly Owned Properties - Residential | Post Addison Circle | Phase II [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2000
Wholly Owned Properties - Residential | Post Addison Circle | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 11,330
Wholly Owned Properties - Residential | Post Cole's Corner
Real Estate And Accumulated Depreciation [Line Items]
Location		Dallas, TX
Initial Cost Land		$ 13,030
Initial Cost Buildings and Fixtures		14,383
Gross Amount, Land		13,030
Gross Amount, Buildings and Fixtures		16,777
Total	[1]	29,807
Accumulated Depreciation	[2]	(2,354)
Net		$ 27,453
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1998
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | Post Cole's Corner | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,394
Wholly Owned Properties - Residential | Post Eastside
Real Estate And Accumulated Depreciation [Line Items]
Location		Dallas, TX
Initial Cost Land		$ 7,134
Initial Cost Buildings and Fixtures		58,095
Gross Amount, Land		7,134
Gross Amount, Buildings and Fixtures		59,308
Total	[1]	66,442
Accumulated Depreciation	[2]	(7,908)
Net		$ 58,534
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2008
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | Post Eastside | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 1,213
Wholly Owned Properties - Residential | Post Gallery
Real Estate And Accumulated Depreciation [Line Items]
Location		Dallas, TX
Initial Cost Land		$ 4,391
Initial Cost Buildings and Fixtures		7,910
Gross Amount, Land		4,391
Gross Amount, Buildings and Fixtures		8,804
Total	[1]	13,195
Accumulated Depreciation	[2]	(1,349)
Net		$ 11,846
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1999
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | Post Gallery | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 894
Wholly Owned Properties - Residential | Post Heights
Real Estate And Accumulated Depreciation [Line Items]
Location		Dallas, TX
Initial Cost Land		$ 26,245
Initial Cost Buildings and Fixtures		37,922
Gross Amount, Land		26,245
Gross Amount, Buildings and Fixtures		39,082
Total	[1]	65,327
Accumulated Depreciation	[2]	(5,198)
Net		$ 60,129
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | Post Heights | Phase I [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1998
Wholly Owned Properties - Residential | Post Heights | Phase II [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1999
Wholly Owned Properties - Residential | Post Heights | Phase III [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2009
Wholly Owned Properties - Residential | Post Heights | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 1,160
Wholly Owned Properties - Residential | Post Katy Trail
Real Estate And Accumulated Depreciation [Line Items]
Location		Dallas, TX
Initial Cost Land		$ 10,333
Initial Cost Buildings and Fixtures		32,456
Gross Amount, Land		10,333
Gross Amount, Buildings and Fixtures		33,275
Total	[1]	43,608
Accumulated Depreciation	[2]	(3,806)
Net		$ 39,802
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2010
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | Post Katy Trail | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 819
Wholly Owned Properties - Residential | Post Legacy
Real Estate And Accumulated Depreciation [Line Items]
Location		Dallas, TX
Initial Cost Land		$ 6,575
Initial Cost Buildings and Fixtures		55,277
Gross Amount, Land		6,575
Gross Amount, Buildings and Fixtures		58,907
Total	[1]	65,482
Accumulated Depreciation	[2]	(7,083)
Net		$ 58,399
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2000
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | Post Legacy | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 3,630
Wholly Owned Properties - Residential | Post Meridian
Real Estate And Accumulated Depreciation [Line Items]
Location		Dallas, TX
Initial Cost Land		$ 8,780
Initial Cost Buildings and Fixtures		13,654
Gross Amount, Land		8,780
Gross Amount, Buildings and Fixtures		14,081
Total	[1]	22,861
Accumulated Depreciation	[2]	(1,921)
Net		$ 20,940
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1991
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | Post Meridian | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 427
Wholly Owned Properties - Residential | Post Sierra At Frisco Bridges
Real Estate And Accumulated Depreciation [Line Items]
Location		Dallas, TX
Initial Cost Land		$ 6,777
Initial Cost Buildings and Fixtures		32,553
Gross Amount, Land		6,777
Gross Amount, Buildings and Fixtures		33,383
Total	[1]	40,160
Accumulated Depreciation	[2]	(4,943)
Net		$ 35,217
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2009
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | Post Sierra At Frisco Bridges | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 830
Wholly Owned Properties - Residential | Post Square
Real Estate And Accumulated Depreciation [Line Items]
Location		Dallas, TX
Initial Cost Land		$ 13,178
Initial Cost Buildings and Fixtures		24,048
Gross Amount, Land		13,178
Gross Amount, Buildings and Fixtures		26,107
Total	[1]	39,285
Accumulated Depreciation	[2]	(3,124)
Net		$ 36,161
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1996
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | Post Square | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,059
Wholly Owned Properties - Residential | Post Uptown Village
Real Estate And Accumulated Depreciation [Line Items]
Location		Dallas, TX
Initial Cost Land		$ 34,974
Initial Cost Buildings and Fixtures		33,213
Gross Amount, Land		34,974
Gross Amount, Buildings and Fixtures		37,754
Total	[1]	72,728
Accumulated Depreciation	[2]	(5,119)
Net		$ 67,609
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | Post Uptown Village | Phase I [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1995
Wholly Owned Properties - Residential | Post Uptown Village | Phase II [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2000
Wholly Owned Properties - Residential | Post Uptown Village | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 4,541
Wholly Owned Properties - Residential | Post Vineyard
Real Estate And Accumulated Depreciation [Line Items]
Location		Dallas, TX
Initial Cost Land		$ 7,966
Initial Cost Buildings and Fixtures		7,471
Gross Amount, Land		7,966
Gross Amount, Buildings and Fixtures		8,511
Total	[1]	16,477
Accumulated Depreciation	[2]	(1,097)
Net		$ 15,380
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1996
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | Post Vineyard | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 1,040
Wholly Owned Properties - Residential | Post Vintage
Real Estate And Accumulated Depreciation [Line Items]
Location		Dallas, TX
Initial Cost Land		$ 13,621
Initial Cost Buildings and Fixtures		8,608
Gross Amount, Land		13,621
Gross Amount, Buildings and Fixtures		10,125
Total	[1]	23,746
Accumulated Depreciation	[2]	(1,366)
Net		$ 22,380
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1993
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | Post Vintage | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 1,517
Wholly Owned Properties - Residential | Post Worthington
Real Estate And Accumulated Depreciation [Line Items]
Location		Dallas, TX
Initial Cost Land		$ 13,713
Initial Cost Buildings and Fixtures		43,268
Gross Amount, Land		13,713
Gross Amount, Buildings and Fixtures		44,820
Total	[1]	58,533
Accumulated Depreciation	[2]	(5,426)
Net		$ 53,107
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | Post Worthington | Phase I [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1993
Wholly Owned Properties - Residential | Post Worthington | Phase II [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2008
Wholly Owned Properties - Residential | Post Worthington | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 1,552
Wholly Owned Properties - Residential | Watermark
Real Estate And Accumulated Depreciation [Line Items]
Location		Dallas, TX
Initial Cost Land		$ 960
Initial Cost Buildings and Fixtures		14,438
Gross Amount, Land		960
Gross Amount, Buildings and Fixtures		17,568
Total	[1]	18,528
Accumulated Depreciation	[2]	(9,253)
Net		$ 9,275
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2002
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2004
Wholly Owned Properties - Residential | Watermark | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 3,130
Wholly Owned Properties - Residential | Colonial Grand At Bear Creek
Real Estate And Accumulated Depreciation [Line Items]
Location		Euless, TX
Initial Cost Land		$ 6,453
Initial Cost Buildings and Fixtures		30,048
Gross Amount, Land		6,453
Gross Amount, Buildings and Fixtures		33,247
Total	[1]	39,700
Accumulated Depreciation	[2]	(10,099)
Net		$ 29,601
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1998
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand At Bear Creek | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 3,199
Wholly Owned Properties - Residential | Colonial Grand At Fairview [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Fairview, TX
Initial Cost Land		$ 2,171
Initial Cost Buildings and Fixtures		35,077
Gross Amount, Land		2,171
Gross Amount, Buildings and Fixtures		36,238
Total	[1]	38,409
Accumulated Depreciation	[2]	(8,941)
Net		$ 29,468
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2012
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand At Fairview [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 1,161
Wholly Owned Properties - Residential | La Valencia At Starwood
Real Estate And Accumulated Depreciation [Line Items]
Location		Frisco, TX
Initial Cost Land		$ 3,240
Initial Cost Buildings and Fixtures		26,069
Gross Amount, Land		3,240
Gross Amount, Buildings and Fixtures		27,920
Total	[1]	31,160
Accumulated Depreciation	[2]	(9,131)
Net		$ 22,029
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2009
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2010
Wholly Owned Properties - Residential | La Valencia At Starwood | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 1,851
Wholly Owned Properties - Residential | Colonial Reserve At Frisco Bridges
Real Estate And Accumulated Depreciation [Line Items]
Location		Frisco, TX
Initial Cost Land		$ 1,968
Initial Cost Buildings and Fixtures		34,018
Gross Amount, Land		1,968
Gross Amount, Buildings and Fixtures		35,660
Total	[1]	37,628
Accumulated Depreciation	[2]	(8,643)
Net		$ 28,985
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2013
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Reserve At Frisco Bridges | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 1,642
Wholly Owned Properties - Residential | Colonial Village At Grapevine
Real Estate And Accumulated Depreciation [Line Items]
Location		Grapevine, TX
Initial Cost Land		$ 2,351
Initial Cost Buildings and Fixtures		29,757
Gross Amount, Land		2,351
Gross Amount, Buildings and Fixtures		36,222
Total	[1]	38,573
Accumulated Depreciation	[2]	(10,022)
Net		$ 28,551
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Village At Grapevine | Phase I [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1985
Wholly Owned Properties - Residential | Colonial Village At Grapevine | Phase II [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1986
Wholly Owned Properties - Residential | Colonial Village At Grapevine | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 6,465
Wholly Owned Properties - Residential | Greenwood Forest
Real Estate And Accumulated Depreciation [Line Items]
Location		Houston, TX
Initial Cost Land		$ 3,465
Initial Cost Buildings and Fixtures		23,482
Gross Amount, Land		3,465
Gross Amount, Buildings and Fixtures		24,632
Total	[1]	28,097
Accumulated Depreciation	[2]	(5,897)
Net		$ 22,200
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1994
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Greenwood Forest | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 1,150
Wholly Owned Properties - Residential | Legacy Pines
Real Estate And Accumulated Depreciation [Line Items]
Location		Houston, TX
Initial Cost Land		$ 2,157
Initial Cost Buildings and Fixtures		19,066
Gross Amount, Land		2,142
Gross Amount, Buildings and Fixtures		23,236
Total	[1]	25,378
Accumulated Depreciation	[2]	(12,904)
Net		$ 12,474
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1999
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2003
Wholly Owned Properties - Residential | Legacy Pines | Land [Member]
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ (15)
Wholly Owned Properties - Residential | Legacy Pines | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 4,170
Wholly Owned Properties - Residential | Park Place Houston
Real Estate And Accumulated Depreciation [Line Items]
Location		Houston, TX
Initial Cost Land		$ 2,061
Initial Cost Buildings and Fixtures		15,830
Gross Amount, Land		2,061
Gross Amount, Buildings and Fixtures		19,094
Total	[1]	21,155
Accumulated Depreciation	[2]	(8,596)
Net		$ 12,559
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1996
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2007
Wholly Owned Properties - Residential | Park Place Houston | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 3,264
Wholly Owned Properties - Residential | Post Midtown Square
Real Estate And Accumulated Depreciation [Line Items]
Location		Houston, TX
Initial Cost Land		$ 19,038
Initial Cost Buildings and Fixtures		89,570
Gross Amount, Land		19,038
Gross Amount, Buildings and Fixtures		92,172
Total	[1]	111,210
Accumulated Depreciation	[2]	(11,984)
Net		$ 99,226
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | Post Midtown Square | Phase I [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1999
Wholly Owned Properties - Residential | Post Midtown Square | Phase II [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2013
Wholly Owned Properties - Residential | Post Midtown Square | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,602
Wholly Owned Properties - Residential | Post510
Real Estate And Accumulated Depreciation [Line Items]
Location		Houston, TX
Initial Cost Land		$ 7,227
Initial Cost Buildings and Fixtures		33,366
Gross Amount, Land		7,227
Gross Amount, Buildings and Fixtures		33,792
Total	[1]	41,019
Accumulated Depreciation	[2]	(4,713)
Net		$ 36,306
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2014
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | Post510 | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 426
Wholly Owned Properties - Residential | Post Afton Oaks
Real Estate And Accumulated Depreciation [Line Items]
Location		Houston, TX
Initial Cost Land		$ 11,503
Initial Cost Buildings and Fixtures		65,469
Gross Amount, Land		11,503
Gross Amount, Buildings and Fixtures		68,984
Total	[1]	80,487
Accumulated Depreciation	[2]	(10,736)
Net		$ 69,751
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2017
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | Post Afton Oaks | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 3,515
Wholly Owned Properties - Residential | Ranchstone
Real Estate And Accumulated Depreciation [Line Items]
Location		Houston, TX
Initial Cost Land		$ 1,480
Initial Cost Buildings and Fixtures		14,807
Gross Amount, Land		1,480
Gross Amount, Buildings and Fixtures		17,748
Total	[1]	19,228
Accumulated Depreciation	[2]	(7,772)
Net		$ 11,456
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1996
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2007
Wholly Owned Properties - Residential | Ranchstone | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,941
Wholly Owned Properties - Residential | Reserve At Woodwind Lakes
Real Estate And Accumulated Depreciation [Line Items]
Location		Houston, TX
Initial Cost Land		$ 1,968
Initial Cost Buildings and Fixtures		19,928
Gross Amount, Land		1,968
Gross Amount, Buildings and Fixtures		24,127
Total	[1]	26,095
Accumulated Depreciation	[2]	(11,050)
Net		$ 15,045
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1999
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2006
Wholly Owned Properties - Residential | Reserve At Woodwind Lakes | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 4,199
Wholly Owned Properties - Residential | Retreat At Vintage Park
Real Estate And Accumulated Depreciation [Line Items]
Location		Houston, TX
Initial Cost Land		$ 8,211
Initial Cost Buildings and Fixtures		40,352
Gross Amount, Land		8,211
Gross Amount, Buildings and Fixtures		41,444
Total	[1]	49,655
Accumulated Depreciation	[2]	(5,573)
Net		$ 44,082
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2014
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2014
Wholly Owned Properties - Residential | Retreat At Vintage Park | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 1,092
Wholly Owned Properties - Residential | Yale At6th
Real Estate And Accumulated Depreciation [Line Items]
Location		Houston, TX
Initial Cost Land		$ 13,107
Initial Cost Buildings and Fixtures		62,764
Gross Amount, Land		13,107
Gross Amount, Buildings and Fixtures		64,109
Total	[1]	77,216
Accumulated Depreciation	[2]	(6,319)
Net		$ 70,897
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2015
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | Yale At6th | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 1,345
Wholly Owned Properties - Residential | Cascade At Fall Creek
Real Estate And Accumulated Depreciation [Line Items]
Location		Humble, TX
Initial Cost Land		$ 5,985
Initial Cost Buildings and Fixtures		40,011
Gross Amount, Land		5,985
Gross Amount, Buildings and Fixtures		43,323
Total	[1]	49,308
Accumulated Depreciation	[2]	(17,998)
Net		$ 31,310
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2007
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2007
Wholly Owned Properties - Residential | Cascade At Fall Creek | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 3,312
Wholly Owned Properties - Residential | Bella Casita
Real Estate And Accumulated Depreciation [Line Items]
Location		Irving, TX
Initial Cost Land		$ 2,521
Initial Cost Buildings and Fixtures		26,432
Gross Amount, Land		2,521
Gross Amount, Buildings and Fixtures		28,992
Total	[1]	31,513
Accumulated Depreciation	[2]	(9,293)
Net		$ 22,220
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2007
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2010
Wholly Owned Properties - Residential | Bella Casita | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,560
Wholly Owned Properties - Residential | Remington Hills
Real Estate And Accumulated Depreciation [Line Items]
Location		Irving, TX
Initial Cost Land		$ 4,390
Initial Cost Buildings and Fixtures		21,822
Gross Amount, Land		4,390
Gross Amount, Buildings and Fixtures		34,100
Total	[1]	38,490
Accumulated Depreciation	[2]	(9,256)
Net		$ 29,234
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1984
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Remington Hills | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 12,278
Wholly Owned Properties - Residential | Colonial Reserve At Las Colinas
Real Estate And Accumulated Depreciation [Line Items]
Location		Irving, TX
Initial Cost Land		$ 3,902
Initial Cost Buildings and Fixtures		40,691
Gross Amount, Land		3,902
Gross Amount, Buildings and Fixtures		42,572
Total	[1]	46,474
Accumulated Depreciation	[2]	(10,301)
Net		$ 36,173
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2006
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Reserve At Las Colinas | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 1,881
Wholly Owned Properties - Residential | Colonial Grand At Valley Ranch
Real Estate And Accumulated Depreciation [Line Items]
Location		Irving, TX
Encumbrances		$ 22,286
Initial Cost Land		5,072
Initial Cost Buildings and Fixtures		37,397
Gross Amount, Land		5,072
Gross Amount, Buildings and Fixtures		50,554
Total	[1]	55,626
Accumulated Depreciation	[2]	(14,925)
Net		$ 40,701
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1997
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand At Valley Ranch | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 13,157
Wholly Owned Properties - Residential | Colonial Village At Oakbend
Real Estate And Accumulated Depreciation [Line Items]
Location		Lewisville, TX
Initial Cost Land		$ 5,598
Initial Cost Buildings and Fixtures		28,616
Gross Amount, Land		5,598
Gross Amount, Buildings and Fixtures		33,625
Total	[1]	39,223
Accumulated Depreciation	[2]	(9,544)
Net		$ 29,679
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1997
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Village At Oakbend | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 5,009
Wholly Owned Properties - Residential | Times Square At Craig Ranch
Real Estate And Accumulated Depreciation [Line Items]
Location		McKinney, TX
Initial Cost Land		$ 1,130
Initial Cost Buildings and Fixtures		28,058
Gross Amount, Land		1,130
Gross Amount, Buildings and Fixtures		32,827
Total	[1]	33,957
Accumulated Depreciation	[2]	(11,196)
Net		$ 22,761
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2009
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2010
Wholly Owned Properties - Residential | Times Square At Craig Ranch | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 4,769
Wholly Owned Properties - Residential | Venue At Stonebridge Ranch
Real Estate And Accumulated Depreciation [Line Items]
Location		McKinney, TX
Initial Cost Land		$ 4,034
Initial Cost Buildings and Fixtures		19,528
Gross Amount, Land		4,034
Gross Amount, Buildings and Fixtures		21,269
Total	[1]	25,303
Accumulated Depreciation	[2]	(4,668)
Net		$ 20,635
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2000
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Venue At Stonebridge Ranch | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 1,741
Wholly Owned Properties - Residential | Cityscape At Market Center
Real Estate And Accumulated Depreciation [Line Items]
Location		Plano, TX
Initial Cost Land		$ 16,894
Initial Cost Buildings and Fixtures		110,705
Gross Amount, Land		16,894
Gross Amount, Buildings and Fixtures		113,197
Total	[1]	130,091
Accumulated Depreciation	[2]	(14,691)
Net		$ 115,400
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2014
Wholly Owned Properties - Residential | Cityscape At Market Center | Phase I [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2013
Wholly Owned Properties - Residential | Cityscape At Market Center | Phase II [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2015
Wholly Owned Properties - Residential | Cityscape At Market Center | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,492
Wholly Owned Properties - Residential | Highwood
Real Estate And Accumulated Depreciation [Line Items]
Location		Plano, TX
Initial Cost Land		$ 864
Initial Cost Buildings and Fixtures		7,783
Gross Amount, Land		864
Gross Amount, Buildings and Fixtures		11,414
Total	[1]	12,278
Accumulated Depreciation	[2]	(7,893)
Net		$ 4,385
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1983
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 1998
Wholly Owned Properties - Residential | Highwood | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 3,631
Wholly Owned Properties - Residential | Los Rios Park
Real Estate And Accumulated Depreciation [Line Items]
Location		Plano, TX
Initial Cost Land		$ 3,273
Initial Cost Buildings and Fixtures		28,823
Gross Amount, Land		3,273
Gross Amount, Buildings and Fixtures		35,744
Total	[1]	39,017
Accumulated Depreciation	[2]	(19,360)
Net		$ 19,657
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2000
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2003
Wholly Owned Properties - Residential | Los Rios Park | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 6,921
Wholly Owned Properties - Residential | Boulder Ridge
Real Estate And Accumulated Depreciation [Line Items]
Location		Roanoke, TX
Initial Cost Land		$ 3,382
Initial Cost Buildings and Fixtures		26,930
Gross Amount, Land		3,382
Gross Amount, Buildings and Fixtures		33,955
Total	[1]	37,337
Accumulated Depreciation	[2]	(16,567)
Net		$ 20,770
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1999
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2005
Wholly Owned Properties - Residential | Boulder Ridge | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 7,025
Wholly Owned Properties - Residential | Copper Ridge
Real Estate And Accumulated Depreciation [Line Items]
Location		Roanoke, TX
Initial Cost Land		$ 3,336
Gross Amount, Land		3,336
Gross Amount, Buildings and Fixtures		21,806
Total	[1]	25,142
Accumulated Depreciation	[2]	(6,506)
Net		$ 18,636
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2009
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2008
Wholly Owned Properties - Residential | Copper Ridge | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 21,806
Wholly Owned Properties - Residential | Colonial Grand At Ashton Oaks
Real Estate And Accumulated Depreciation [Line Items]
Location		Round Rock, TX
Initial Cost Land		$ 5,511
Initial Cost Buildings and Fixtures		36,241
Gross Amount, Land		5,511
Gross Amount, Buildings and Fixtures		38,617
Total	[1]	44,128
Accumulated Depreciation	[2]	(10,589)
Net		$ 33,539
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2009
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand At Ashton Oaks | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,376
Wholly Owned Properties - Residential | Colonial Grand At Round Rock
Real Estate And Accumulated Depreciation [Line Items]
Location		Round Rock, TX
Initial Cost Land		$ 4,691
Initial Cost Buildings and Fixtures		45,379
Gross Amount, Land		4,691
Gross Amount, Buildings and Fixtures		48,117
Total	[1]	52,808
Accumulated Depreciation	[2]	(12,809)
Net		$ 39,999
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1997
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Grand At Round Rock | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,738
Wholly Owned Properties - Residential | Colonial Village At Sierra Vista
Real Estate And Accumulated Depreciation [Line Items]
Location		Round Rock, TX
Initial Cost Land		$ 2,561
Initial Cost Buildings and Fixtures		16,488
Gross Amount, Land		2,561
Gross Amount, Buildings and Fixtures		20,303
Total	[1]	22,864
Accumulated Depreciation	[2]	(6,188)
Net		$ 16,676
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1999
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Village At Sierra Vista | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 3,815
Wholly Owned Properties - Residential | Alamo Ranch
Real Estate And Accumulated Depreciation [Line Items]
Location		San Antonio, TX
Initial Cost Land		$ 2,380
Initial Cost Buildings and Fixtures		26,982
Gross Amount, Land		2,380
Gross Amount, Buildings and Fixtures		30,008
Total	[1]	32,388
Accumulated Depreciation	[2]	(9,674)
Net		$ 22,714
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2009
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2011
Wholly Owned Properties - Residential | Alamo Ranch | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 3,026
Wholly Owned Properties - Residential | Bulverde Oaks
Real Estate And Accumulated Depreciation [Line Items]
Location		San Antonio, TX
Initial Cost Land		$ 4,257
Initial Cost Buildings and Fixtures		36,759
Gross Amount, Land		4,257
Gross Amount, Buildings and Fixtures		38,349
Total	[1]	42,606
Accumulated Depreciation	[2]	(5,411)
Net		$ 37,195
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2014
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2014
Wholly Owned Properties - Residential | Bulverde Oaks | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 1,590
Wholly Owned Properties - Residential | Haven At Blanco
Real Estate And Accumulated Depreciation [Line Items]
Location		San Antonio, TX
Initial Cost Land		$ 5,450
Initial Cost Buildings and Fixtures		45,958
Gross Amount, Land		5,450
Gross Amount, Buildings and Fixtures		49,377
Total	[1]	54,827
Accumulated Depreciation	[2]	(13,066)
Net		$ 41,761
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2010
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2012
Wholly Owned Properties - Residential | Haven At Blanco | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 3,419
Wholly Owned Properties - Residential | Stone Ranch At Westover Hills
Real Estate And Accumulated Depreciation [Line Items]
Location		San Antonio, TX
Initial Cost Land		$ 4,000
Initial Cost Buildings and Fixtures		24,992
Gross Amount, Land		4,000
Gross Amount, Buildings and Fixtures		27,953
Total	[1]	31,953
Accumulated Depreciation	[2]	(9,964)
Net		$ 21,989
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2009
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2009
Wholly Owned Properties - Residential | Stone Ranch At Westover Hills | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,961
Wholly Owned Properties - Residential | Cypresswood Court
Real Estate And Accumulated Depreciation [Line Items]
Location		Spring, TX
Initial Cost Land		$ 576
Initial Cost Buildings and Fixtures		5,190
Gross Amount, Land		576
Gross Amount, Buildings and Fixtures		10,355
Total	[1]	10,931
Accumulated Depreciation	[2]	(6,378)
Net		$ 4,553
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1984
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 1994
Wholly Owned Properties - Residential | Cypresswood Court | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 5,165
Wholly Owned Properties - Residential | Villages At Kirkwood
Real Estate And Accumulated Depreciation [Line Items]
Location		Stafford, TX
Initial Cost Land		$ 1,918
Initial Cost Buildings and Fixtures		15,846
Gross Amount, Land		1,918
Gross Amount, Buildings and Fixtures		19,025
Total	[1]	20,943
Accumulated Depreciation	[2]	(9,804)
Net		$ 11,139
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1996
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2004
Wholly Owned Properties - Residential | Villages At Kirkwood | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 3,179
Wholly Owned Properties - Residential | Green Tree Place
Real Estate And Accumulated Depreciation [Line Items]
Location		Woodlands, TX
Initial Cost Land		$ 539
Initial Cost Buildings and Fixtures		4,850
Gross Amount, Land		539
Gross Amount, Buildings and Fixtures		8,779
Total	[1]	9,318
Accumulated Depreciation	[2]	(6,438)
Net		$ 2,880
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1984
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 1994
Wholly Owned Properties - Residential | Green Tree Place | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 3,929
Wholly Owned Properties - Residential | Stonefield Commons
Real Estate And Accumulated Depreciation [Line Items]
Location		Charlottesville, VA
Initial Cost Land		$ 11,044
Initial Cost Buildings and Fixtures		36,689
Gross Amount, Land		11,044
Gross Amount, Buildings and Fixtures		37,882
Total	[1]	48,926
Accumulated Depreciation	[2]	(5,561)
Net		$ 43,365
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2013
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2014
Wholly Owned Properties - Residential | Stonefield Commons | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 1,193
Wholly Owned Properties - Residential | Adalay Bay
Real Estate And Accumulated Depreciation [Line Items]
Location		Chesapeake, VA
Initial Cost Land		$ 5,280
Initial Cost Buildings and Fixtures		31,341
Gross Amount, Land		5,280
Gross Amount, Buildings and Fixtures		34,906
Total	[1]	40,186
Accumulated Depreciation	[2]	(9,885)
Net		$ 30,301
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2002
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2012
Wholly Owned Properties - Residential | Adalay Bay | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 3,565
Wholly Owned Properties - Residential | Colonial Village At Greenbrier
Real Estate And Accumulated Depreciation [Line Items]
Location		Fredericksburg, VA
Initial Cost Land		$ 4,842
Initial Cost Buildings and Fixtures		21,677
Gross Amount, Land		4,842
Gross Amount, Buildings and Fixtures		24,226
Total	[1]	29,068
Accumulated Depreciation	[2]	(5,977)
Net		$ 23,091
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1980
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Village At Greenbrier | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,549
Wholly Owned Properties - Residential | Seasons At Celebrate Virginia
Real Estate And Accumulated Depreciation [Line Items]
Location		Fredericksburg, VA
Initial Cost Land		$ 14,490
Initial Cost Buildings and Fixtures		32,083
Gross Amount, Land		14,490
Gross Amount, Buildings and Fixtures		72,148
Total	[1]	86,638
Accumulated Depreciation	[2]	(15,520)
Net		$ 71,118
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2011
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2011
Wholly Owned Properties - Residential | Seasons At Celebrate Virginia | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 40,065
Wholly Owned Properties - Residential | Station Square At Cosner's Corner
Real Estate And Accumulated Depreciation [Line Items]
Location		Fredericksburg, VA
Initial Cost Land		$ 12,825
Initial Cost Buildings and Fixtures		51,078
Gross Amount, Land		12,825
Gross Amount, Buildings and Fixtures		52,729
Total	[1]	65,554
Accumulated Depreciation	[2]	(7,962)
Net		$ 57,592
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Station Square At Cosner's Corner | Phase I [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2013
Wholly Owned Properties - Residential | Station Square At Cosner's Corner | Phase II [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2016
Wholly Owned Properties - Residential | Station Square At Cosner's Corner | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 1,651
Wholly Owned Properties - Residential | Apartments At Cobblestone Square
Real Estate And Accumulated Depreciation [Line Items]
Location		Fredericksburg, VA
Initial Cost Land		$ 10,990
Initial Cost Buildings and Fixtures		48,696
Gross Amount, Land		10,990
Gross Amount, Buildings and Fixtures		51,370
Total	[1]	62,360
Accumulated Depreciation	[2]	(7,440)
Net		$ 54,920
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2012
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | Apartments At Cobblestone Square | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,674
Wholly Owned Properties - Residential | Colonial Village At Hampton Glen
Real Estate And Accumulated Depreciation [Line Items]
Location		Glen Allen, VA
Initial Cost Land		$ 4,851
Initial Cost Buildings and Fixtures		21,678
Gross Amount, Land		4,851
Gross Amount, Buildings and Fixtures		24,944
Total	[1]	29,795
Accumulated Depreciation	[2]	(6,757)
Net		$ 23,038
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1986
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Village At Hampton Glen | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 3,266
Wholly Owned Properties - Residential | Colonial Village At West End
Real Estate And Accumulated Depreciation [Line Items]
Location		Glen Allen, VA
Initial Cost Land		$ 4,661
Initial Cost Buildings and Fixtures		18,908
Gross Amount, Land		4,661
Gross Amount, Buildings and Fixtures		21,851
Total	[1]	26,512
Accumulated Depreciation	[2]	(5,919)
Net		$ 20,593
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1987
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Village At West End | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,943
Wholly Owned Properties - Residential | Township
Real Estate And Accumulated Depreciation [Line Items]
Location		Hampton, VA
Initial Cost Land		$ 1,509
Initial Cost Buildings and Fixtures		8,189
Gross Amount, Land		1,509
Gross Amount, Buildings and Fixtures		16,852
Total	[1]	18,361
Accumulated Depreciation	[2]	(11,425)
Net		$ 6,936
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1987
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 1995
Wholly Owned Properties - Residential | Township | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 8,663
Wholly Owned Properties - Residential | Colonial Village At Waterford
Real Estate And Accumulated Depreciation [Line Items]
Location		Midlothian, VA
Initial Cost Land		$ 6,733
Initial Cost Buildings and Fixtures		29,221
Gross Amount, Land		6,733
Gross Amount, Buildings and Fixtures		33,989
Total	[1]	40,722
Accumulated Depreciation	[2]	(9,654)
Net		$ 31,068
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1989
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Colonial Village At Waterford | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 4,768
Wholly Owned Properties - Residential | Ashley Park
Real Estate And Accumulated Depreciation [Line Items]
Location		Richmond, VA
Initial Cost Land		$ 4,761
Initial Cost Buildings and Fixtures		13,365
Gross Amount, Land		4,761
Gross Amount, Buildings and Fixtures		15,728
Total	[1]	20,489
Accumulated Depreciation	[2]	(4,968)
Net		$ 15,521
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1988
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Wholly Owned Properties - Residential | Ashley Park | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,363
Wholly Owned Properties - Residential | Post Tysons Corner
Real Estate And Accumulated Depreciation [Line Items]
Location		Washington D.C.
Initial Cost Land		$ 30,776
Initial Cost Buildings and Fixtures		82,021
Gross Amount, Land		30,776
Gross Amount, Buildings and Fixtures		85,150
Total	[1]	115,926
Accumulated Depreciation	[2]	(10,043)
Net		$ 105,883
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1990
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Wholly Owned Properties - Residential | Post Tysons Corner | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 3,129
Wholly Owned Properties - Residential | Total Residential Properties
Real Estate And Accumulated Depreciation [Line Items]
Encumbrances		145,473
Initial Cost Land		1,820,078
Initial Cost Buildings and Fixtures		9,941,939
Gross Amount, Land		1,825,364
Gross Amount, Buildings and Fixtures		11,633,410
Total	[1]	13,458,774
Accumulated Depreciation	[2]	(2,915,332)
Net		10,543,442
Wholly Owned Properties - Residential | Total Residential Properties | Land [Member]
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		5,286
Wholly Owned Properties - Residential | Total Residential Properties | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 1,691,471
Residential Properties | Colonial Village At Chase Gayton
Real Estate And Accumulated Depreciation [Line Items]
Location		Richmond, VA
Initial Cost Land		$ 6,021
Initial Cost Buildings and Fixtures		29,004
Gross Amount, Land		6,021
Gross Amount, Buildings and Fixtures		32,666
Total	[1]	38,687
Accumulated Depreciation	[2]	(9,211)
Net		$ 29,476
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1984
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Residential Properties | Colonial Village At Chase Gayton | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 3,662
Residential Properties | Hamptons At Hunton Park
Real Estate And Accumulated Depreciation [Line Items]
Location		Richmond, VA
Initial Cost Land		$ 4,930
Initial Cost Buildings and Fixtures		35,598
Gross Amount, Land		4,930
Gross Amount, Buildings and Fixtures		41,677
Total	[1]	46,607
Accumulated Depreciation	[2]	(12,283)
Net		$ 34,324
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2003
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2011
Residential Properties | Hamptons At Hunton Park | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 6,079
Residential Properties | Retreat At West Creek
Real Estate And Accumulated Depreciation [Line Items]
Location		Richmond, VA
Initial Cost Land		$ 7,112
Initial Cost Buildings and Fixtures		36,136
Gross Amount, Land		7,112
Gross Amount, Buildings and Fixtures		38,093
Total	[1]	45,205
Accumulated Depreciation	[2]	(4,699)
Net		$ 40,506
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2015
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2015
Residential Properties | Retreat At West Creek | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 1,957
Residential Properties | Retreat At West Creek I I
Real Estate And Accumulated Depreciation [Line Items]
Location		Richmond, VA
Initial Cost Land		$ 3,000
Gross Amount, Land		3,000
Gross Amount, Buildings and Fixtures		12,141
Total	[1]	15,141
Accumulated Depreciation	[2]	(859)
Net		$ 14,282
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2017
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2015
Residential Properties | Retreat At West Creek I I | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 12,141
Residential Properties | Radius
Real Estate And Accumulated Depreciation [Line Items]
Location		Newport News, VA
Initial Cost Land		$ 5,040
Initial Cost Buildings and Fixtures		36,481
Gross Amount, Land		5,040
Gross Amount, Buildings and Fixtures		39,551
Total	[1]	44,591
Accumulated Depreciation	[2]	(4,966)
Net		$ 39,625
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2012
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2015
Residential Properties | Radius | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 3,070
Residential Properties | Post Carlyle Square
Real Estate And Accumulated Depreciation [Line Items]
Location		Washington D.C.
Initial Cost Land		$ 29,728
Initial Cost Buildings and Fixtures		154,309
Gross Amount, Land		29,728
Gross Amount, Buildings and Fixtures		156,647
Total	[1]	186,375
Accumulated Depreciation	[2]	(18,306)
Net		$ 168,069
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Residential Properties | Post Carlyle Square | Phase I [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2006
Residential Properties | Post Carlyle Square | Phase II [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2013
Residential Properties | Post Carlyle Square | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,338
Residential Properties | Post Corners At Trinity Center
Real Estate And Accumulated Depreciation [Line Items]
Location		Washington D.C.
Initial Cost Land		$ 7,664
Initial Cost Buildings and Fixtures		70,012
Gross Amount, Land		7,664
Gross Amount, Buildings and Fixtures		72,023
Total	[1]	79,687
Accumulated Depreciation	[2]	(8,487)
Net		$ 71,200
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1996
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Residential Properties | Post Corners At Trinity Center | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,011
Residential Properties | Post Fallsgrove
Real Estate And Accumulated Depreciation [Line Items]
Location		Washington D.C.
Initial Cost Land		$ 17,524
Initial Cost Buildings and Fixtures		58,896
Gross Amount, Land		17,524
Gross Amount, Buildings and Fixtures		61,679
Total	[1]	79,203
Accumulated Depreciation	[2]	(7,557)
Net		$ 71,646
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2003
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Residential Properties | Post Fallsgrove | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,783
Residential Properties | Post Park
Real Estate And Accumulated Depreciation [Line Items]
Location		Washington D.C.
Initial Cost Land		$ 5,355
Initial Cost Buildings and Fixtures		79,842
Gross Amount, Land		5,355
Gross Amount, Buildings and Fixtures		81,574
Total	[1]	86,929
Accumulated Depreciation	[2]	(12,442)
Net		$ 74,487
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2010
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Residential Properties | Post Park | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 1,732
Residential Properties | Post Pentagon Row
Real Estate And Accumulated Depreciation [Line Items]
Location		Washington D.C.
Initial Cost Land		$ 30,452
Initial Cost Buildings and Fixtures		125,091
Gross Amount, Land		30,452
Gross Amount, Buildings and Fixtures		131,280
Total	[1]	161,732
Accumulated Depreciation	[2]	(16,006)
Net		$ 145,726
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2001
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Residential Properties | Post Pentagon Row | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 6,189
Retail Properties | Post Training Facility
Real Estate And Accumulated Depreciation [Line Items]
Location		Atlanta, GA
Initial Cost Land		$ 1,092
Initial Cost Buildings and Fixtures		968
Gross Amount, Land		1,092
Gross Amount, Buildings and Fixtures		1,000
Total	[1]	2,092
Accumulated Depreciation	[2]	(245)
Net		$ 1,847
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1999
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Retail Properties | Post Training Facility | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 32
Retail Properties | Post Riverside Office
Real Estate And Accumulated Depreciation [Line Items]
Location		Atlanta, GA
Initial Cost Land		$ 9,680
Initial Cost Buildings and Fixtures		22,108
Gross Amount, Land		9,680
Gross Amount, Buildings and Fixtures		30,543
Total	[1]	40,223
Accumulated Depreciation	[2]	(4,560)
Net		$ 35,663
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1996
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Retail Properties | Post Riverside Office | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 8,435
Retail Properties | Colonial Promenade at Huntsville Retail
Real Estate And Accumulated Depreciation [Line Items]
Location		Huntsville, AL
Initial Cost Land		$ 1,748
Gross Amount, Land		1,748
Total	[1]	1,748
Net		$ 1,748
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2017
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2013
Retail Properties | Post Riverside Retail
Real Estate And Accumulated Depreciation [Line Items]
Location		Atlanta, GA
Initial Cost Land		$ 889
Initial Cost Buildings and Fixtures		2,340
Gross Amount, Land		889
Gross Amount, Buildings and Fixtures		4,908
Total	[1]	5,797
Accumulated Depreciation	[2]	(499)
Net		$ 5,298
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1996
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Retail Properties | Post Riverside Retail | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 2,568
Retail Properties | 220 Riverside Retail
Real Estate And Accumulated Depreciation [Line Items]
Location		Jacksonville, FL
Initial Cost Land		$ 119
Initial Cost Buildings and Fixtures		2,902
Gross Amount, Land		119
Gross Amount, Buildings and Fixtures		2,909
Total	[1]	3,028
Accumulated Depreciation	[2]	(40)
Net		$ 2,988
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2015
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2019
Retail Properties | 220 Riverside Retail | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 7
Retail Properties | Allure in Buckhead Retail
Real Estate And Accumulated Depreciation [Line Items]
Location		Atlanta, GA
Initial Cost Land		$ 867
Initial Cost Buildings and Fixtures		3,465
Gross Amount, Land		867
Gross Amount, Buildings and Fixtures		3,895
Total	[1]	4,762
Accumulated Depreciation	[2]	(928)
Net		$ 3,834
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2012
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2012
Retail Properties | Allure in Buckhead Retail | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 430
Retail Properties | Post Soho Square Retail
Real Estate And Accumulated Depreciation [Line Items]
Location		Tampa, FL
Initial Cost Land		$ 268
Initial Cost Buildings and Fixtures		4,033
Gross Amount, Land		268
Gross Amount, Buildings and Fixtures		4,039
Total	[1]	4,307
Accumulated Depreciation	[2]	(674)
Net		$ 3,633
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2012
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Retail Properties | Post Soho Square Retail | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 6
Retail Properties | Highlands of West Village Retail
Real Estate And Accumulated Depreciation [Line Items]
Location		Smyrna, GA
Initial Cost Land		$ 2,500
Initial Cost Buildings and Fixtures		8,446
Gross Amount, Land		3,408
Gross Amount, Buildings and Fixtures		9,802
Total	[1]	13,210
Accumulated Depreciation	[2]	(1,742)
Net		$ 11,468
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2012
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2014
Retail Properties | Highlands of West Village Retail | Land [Member]
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 908
Retail Properties | Highlands of West Village Retail | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 1,356
Retail Properties | Post Parkside Atlanta Retail
Real Estate And Accumulated Depreciation [Line Items]
Location		Atlanta, GA
Initial Cost Land		$ 426
Initial Cost Buildings and Fixtures		1,089
Gross Amount, Land		426
Gross Amount, Buildings and Fixtures		1,110
Total	[1]	1,536
Accumulated Depreciation	[2]	(146)
Net		$ 1,390
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1999
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Retail Properties | Post Parkside Atlanta Retail | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 21
Retail Properties | The Denton Retail
Real Estate And Accumulated Depreciation [Line Items]
Location		Kansas City, MO
Initial Cost Land		$ 700
Initial Cost Buildings and Fixtures		4,439
Gross Amount, Land		700
Gross Amount, Buildings and Fixtures		4,949
Total	[1]	5,649
Accumulated Depreciation	[2]	(606)
Net		$ 5,043
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2014
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2015
Retail Properties | The Denton Retail | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 510
Retail Properties | Post Uptown Place Retail
Real Estate And Accumulated Depreciation [Line Items]
Location		Charlotte, NC
Initial Cost Land		$ 319
Initial Cost Buildings and Fixtures		1,144
Gross Amount, Land		319
Gross Amount, Buildings and Fixtures		1,155
Total	[1]	1,474
Accumulated Depreciation	[2]	(159)
Net		$ 1,315
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1998
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Retail Properties | Post Uptown Place Retail | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 11
Retail Properties | 1225 South Church Retail
Real Estate And Accumulated Depreciation [Line Items]
Location		Charlotte, NC
Initial Cost Land		$ 43
Initial Cost Buildings and Fixtures		199
Gross Amount, Land		52
Gross Amount, Buildings and Fixtures		441
Total	[1]	493
Accumulated Depreciation	[2]	(140)
Net		$ 353
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2010
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2010
Retail Properties | 1225 South Church Retail | Land [Member]
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 9
Retail Properties | 1225 South Church Retail | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 242
Retail Properties | Post Uptown Leasing Center
Real Estate And Accumulated Depreciation [Line Items]
Location		Charlotte, NC
Initial Cost Land		$ 1,290
Initial Cost Buildings and Fixtures		1,488
Gross Amount, Land		1,290
Gross Amount, Buildings and Fixtures		1,602
Total	[1]	2,892
Accumulated Depreciation	[2]	(186)
Net		$ 2,706
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1998
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Retail Properties | Post Uptown Leasing Center | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 114
Retail Properties | Bella Casita at Las Colinas Retail
Real Estate And Accumulated Depreciation [Line Items]
Location		Irving, TX
Initial Cost Land		$ 46
Initial Cost Buildings and Fixtures		186
Gross Amount, Land		46
Gross Amount, Buildings and Fixtures		350
Total	[1]	396
Accumulated Depreciation	[2]	(102)
Net		$ 294
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2007
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2010
Retail Properties | Bella Casita at Las Colinas Retail | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 164
Retail Properties | Post Park Maryland Retail
Real Estate And Accumulated Depreciation [Line Items]
Location		Washington D.C.
Initial Cost Land		$ 25
Initial Cost Buildings and Fixtures		137
Gross Amount, Land		25
Gross Amount, Buildings and Fixtures		137
Total	[1]	162
Accumulated Depreciation	[2]	(14)
Net		$ 148
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2007
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Retail Properties | Times Square at Craig Ranch Retail
Real Estate And Accumulated Depreciation [Line Items]
Location		McKinney, TX
Initial Cost Land		$ 253
Initial Cost Buildings and Fixtures		1,310
Gross Amount, Land		253
Gross Amount, Buildings and Fixtures		4,861
Total	[1]	5,114
Accumulated Depreciation	[2]	(755)
Net		$ 4,359
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2009
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2010
Retail Properties | Times Square at Craig Ranch Retail | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 3,551
Retail Properties | Post South End Retail
Real Estate And Accumulated Depreciation [Line Items]
Location		Charlotte, NC
Initial Cost Land		$ 470
Initial Cost Buildings and Fixtures		1,289
Gross Amount, Land		470
Gross Amount, Buildings and Fixtures		1,410
Total	[1]	1,880
Accumulated Depreciation	[2]	(205)
Net		$ 1,675
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2009
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Retail Properties | Post South End Retail | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 121
Retail Properties | Post Rocky Point Retail
Real Estate And Accumulated Depreciation [Line Items]
Location		Tampa, FL
Initial Cost Land		$ 34
Initial Cost Buildings and Fixtures		51
Gross Amount, Land		34
Gross Amount, Buildings and Fixtures		323
Total	[1]	357
Accumulated Depreciation	[2]	(79)
Net		$ 278
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Retail Properties | Post Rocky Point Retail | Phase I [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1994
Retail Properties | Post Rocky Point Retail | Phase II [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1996
Retail Properties | Post Rocky Point Retail | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 272
Retail Properties | Post Gateway Place Retail
Real Estate And Accumulated Depreciation [Line Items]
Location		Charlotte, NC
Initial Cost Land		$ 318
Initial Cost Buildings and Fixtures		1,430
Gross Amount, Land		318
Gross Amount, Buildings and Fixtures		1,454
Total	[1]	1,772
Accumulated Depreciation	[2]	(222)
Net		$ 1,550
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2000
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Retail Properties | Post Gateway Place Retail | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 24
Retail Properties | Post Parkside At Wade Retail
Real Estate And Accumulated Depreciation [Line Items]
Location		Raleigh, NC
Initial Cost Land		$ 317
Initial Cost Buildings and Fixtures		4,552
Gross Amount, Land		317
Gross Amount, Buildings and Fixtures		4,623
Total	[1]	4,940
Accumulated Depreciation	[2]	(774)
Net		$ 4,166
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2011
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Retail Properties | Post Parkside At Wade Retail | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 71
Retail Properties | Hue Retail
Real Estate And Accumulated Depreciation [Line Items]
Location		Raleigh, NC
Initial Cost Buildings and Fixtures		$ 2,129
Gross Amount, Buildings and Fixtures		2,194
Total	[1]	2,194
Accumulated Depreciation	[2]	(103)
Net		$ 2,091
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2010
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2018
Retail Properties | Hue Retail | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 65
Retail Properties | Post Parkside Orlando Retail
Real Estate And Accumulated Depreciation [Line Items]
Location		Orlando, FL
Initial Cost Land		$ 742
Initial Cost Buildings and Fixtures		11,924
Gross Amount, Land		742
Gross Amount, Buildings and Fixtures		13,043
Total	[1]	13,785
Accumulated Depreciation	[2]	(1,604)
Net		$ 12,181
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1999
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Retail Properties | Post Parkside Orlando Retail | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 1,119
Retail Properties | Post Harbour Place Retail
Real Estate And Accumulated Depreciation [Line Items]
Location		Tampa, FL
Initial Cost Land		$ 386
Initial Cost Buildings and Fixtures		4,315
Gross Amount, Land		386
Gross Amount, Buildings and Fixtures		4,621
Total	[1]	5,007
Accumulated Depreciation	[2]	(571)
Net		$ 4,436
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1997
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Retail Properties | Post Harbour Place Retail | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 306
Retail Properties | Post Carlyle Square Retail
Real Estate And Accumulated Depreciation [Line Items]
Location		Washington D.C.
Initial Cost Land		$ 1,048
Initial Cost Buildings and Fixtures		7,930
Gross Amount, Land		1,048
Gross Amount, Buildings and Fixtures		7,968
Total	[1]	9,016
Accumulated Depreciation	[2]	(1,002)
Net		$ 8,014
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Retail Properties | Post Carlyle Square Retail | Phase I [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2006
Retail Properties | Post Carlyle Square Retail | Phase II [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2016
Retail Properties | Post Carlyle Square Retail | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 38
Retail Properties | Post Coles Corner Retail
Real Estate And Accumulated Depreciation [Line Items]
Location		Dallas, TX
Initial Cost Land		$ 347
Initial Cost Buildings and Fixtures		716
Gross Amount, Land		347
Gross Amount, Buildings and Fixtures		768
Total	[1]	1,115
Accumulated Depreciation	[2]	(117)
Net		$ 998
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1998
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Retail Properties | Post Coles Corner Retail | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 52
Retail Properties | Post Square Retail
Real Estate And Accumulated Depreciation [Line Items]
Location		Dallas, TX
Initial Cost Land		$ 1,581
Initial Cost Buildings and Fixtures		5,982
Gross Amount, Land		1,581
Gross Amount, Buildings and Fixtures		6,259
Total	[1]	7,840
Accumulated Depreciation	[2]	(810)
Net		$ 7,030
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1996
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Retail Properties | Post Square Retail | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 277
Retail Properties | Post Worthington Retail
Real Estate And Accumulated Depreciation [Line Items]
Location		Dallas, TX
Initial Cost Land		$ 108
Initial Cost Buildings and Fixtures		495
Gross Amount, Land		108
Gross Amount, Buildings and Fixtures		854
Total	[1]	962
Accumulated Depreciation	[2]	(64)
Net		$ 898
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Retail Properties | Post Worthington Retail | Phase I [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1993
Retail Properties | Post Worthington Retail | Phase II [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2008
Retail Properties | Post Worthington Retail | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 359
Retail Properties | Post Heights Retail
Real Estate And Accumulated Depreciation [Line Items]
Location		Dallas, TX
Initial Cost Land		$ 1,066
Initial Cost Buildings and Fixtures		3,314
Gross Amount, Land		1,066
Gross Amount, Buildings and Fixtures		3,414
Total	[1]	4,480
Accumulated Depreciation	[2]	(475)
Net		$ 4,005
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1997
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Retail Properties | Post Heights Retail | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 100
Retail Properties | Post Eastside Retail
Real Estate And Accumulated Depreciation [Line Items]
Location		Dallas, TX
Initial Cost Land		$ 682
Initial Cost Buildings and Fixtures		10,645
Gross Amount, Land		682
Gross Amount, Buildings and Fixtures		10,854
Total	[1]	11,536
Accumulated Depreciation	[2]	(1,417)
Net		$ 10,119
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2008
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Retail Properties | Post Eastside Retail | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 209
Retail Properties | Post Addison Circle Retail
Real Estate And Accumulated Depreciation [Line Items]
Location		Dallas, TX
Initial Cost Land		$ 448
Initial Cost Buildings and Fixtures		21,386
Gross Amount, Land		448
Gross Amount, Buildings and Fixtures		23,154
Total	[1]	23,602
Accumulated Depreciation	[2]	(3,551)
Net		$ 20,051
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Retail Properties | Post Addison Circle Retail | Phase I [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1998
Retail Properties | Post Addison Circle Retail | Phase II [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2000
Retail Properties | Post Addison Circle Retail | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 1,768
Retail Properties | Post Addison Circle Office
Real Estate And Accumulated Depreciation [Line Items]
Location		Dallas, TX
Initial Cost Land		$ 1,395
Initial Cost Buildings and Fixtures		4,280
Gross Amount, Land		1,395
Gross Amount, Buildings and Fixtures		4,973
Total	[1]	6,368
Accumulated Depreciation	[2]	(977)
Net		$ 5,391
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Retail Properties | Post Addison Circle Office | Phase I [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1998
Retail Properties | Post Addison Circle Office | Phase II [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2000
Retail Properties | Post Addison Circle Office | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 693
Retail Properties | Post Sierra Frisco Bridges Retail
Real Estate And Accumulated Depreciation [Line Items]
Location		Dallas, TX
Initial Cost Land		$ 779
Initial Cost Buildings and Fixtures		6,593
Gross Amount, Land		779
Gross Amount, Buildings and Fixtures		7,150
Total	[1]	7,929
Accumulated Depreciation	[2]	(998)
Net		$ 6,931
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2009
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Retail Properties | Post Sierra Frisco Bridges Retail | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 557
Retail Properties | Post Katy Trail Retail
Real Estate And Accumulated Depreciation [Line Items]
Location		Dallas, TX
Initial Cost Land		$ 465
Initial Cost Buildings and Fixtures		4,883
Gross Amount, Land		465
Gross Amount, Buildings and Fixtures		4,918
Total	[1]	5,383
Accumulated Depreciation	[2]	(589)
Net		$ 4,794
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2010
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Retail Properties | Post Katy Trail Retail | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 35
Retail Properties | Post Midtown Square Retail
Real Estate And Accumulated Depreciation [Line Items]
Location		Houston, TX
Initial Cost Land		$ 1,327
Initial Cost Buildings and Fixtures		16,005
Gross Amount, Land		1,327
Gross Amount, Buildings and Fixtures		16,261
Total	[1]	17,588
Accumulated Depreciation	[2]	(1,984)
Net		$ 15,604
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Retail Properties | Post Midtown Square Retail | Phase I [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1999
Retail Properties | Post Midtown Square Retail | Phase II [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2013
Retail Properties | Post Midtown Square Retail | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 256
Retail Properties | Rise Condo Devel L P Retail
Real Estate And Accumulated Depreciation [Line Items]
Location		Houston, TX
Initial Cost Buildings and Fixtures		$ 2,280
Gross Amount, Buildings and Fixtures		2,280
Total	[1]	2,280
Accumulated Depreciation	[2]	(313)
Net		$ 1,967
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Retail Properties | Rise Condo Devel L P Retail | Phase I [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 1999
Retail Properties | Rise Condo Devel L P Retail | Phase II [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2013
Retail Properties | Post Legacy Retail
Real Estate And Accumulated Depreciation [Line Items]
Location		Dallas, TX
Initial Cost Land		$ 150
Initial Cost Buildings and Fixtures		3,334
Gross Amount, Land		150
Gross Amount, Buildings and Fixtures		3,680
Total	[1]	3,830
Accumulated Depreciation	[2]	(428)
Net		$ 3,402
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2000
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Retail Properties | Post Legacy Retail | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 346
Retail Properties | Post South Lamar Retail
Real Estate And Accumulated Depreciation [Line Items]
Location		Austin, TX
Initial Cost Land		$ 421
Initial Cost Buildings and Fixtures		3,072
Gross Amount, Land		421
Gross Amount, Buildings and Fixtures		3,508
Total	[1]	3,929
Accumulated Depreciation	[2]	(427)
Net		$ 3,502
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2011
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Retail Properties | Post South Lamar Retail | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 436
Retail Properties | The Greene Retail
Real Estate And Accumulated Depreciation [Line Items]
Location		Greenville, SC
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date of Construction		Dec. 31, 2019
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2019
Development Properties | Copper Ridge I I
Real Estate And Accumulated Depreciation [Line Items]
Location		Roanoke, TX
Initial Cost Land		$ 830
Gross Amount, Land		830
Gross Amount, Buildings and Fixtures		19,350
Total	[1]	20,180
Net		$ 20,180
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2008
Development Properties | Copper Ridge I I | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 19,350
Development Properties | M A A At Frisco Bridges I I
Real Estate And Accumulated Depreciation [Line Items]
Location		Dallas, TX
Initial Cost Land		$ 6,100
Gross Amount, Land		6,100
Gross Amount, Buildings and Fixtures		37,491
Total	[1]	43,591
Net		$ 43,591
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2016
Development Properties | M A A At Frisco Bridges I I | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 37,491
Development Properties | Novel Midtown [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Phoenix, AZ
Initial Cost Land		$ 9,381
Gross Amount, Land		9,381
Gross Amount, Buildings and Fixtures		20,734
Total	[1]	30,115
Net		$ 30,115
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2019
Development Properties | Novel Midtown [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 20,734
Development Properties | Jefferson Sand Lake [Member]
Real Estate And Accumulated Depreciation [Line Items]
Location		Orlando, FL
Initial Cost Land		$ 7,704
Gross Amount, Land		7,704
Gross Amount, Buildings and Fixtures		7,695
Total	[1]	15,399
Net		$ 15,399
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2019
Development Properties | Jefferson Sand Lake [Member] | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 7,695
Development Properties | Westglenn
Real Estate And Accumulated Depreciation [Line Items]
Location		Denver, CO
Initial Cost Land		$ 8,077
Gross Amount, Land		8,077
Gross Amount, Buildings and Fixtures		9,398
Total	[1]	17,475
Net		$ 17,475
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2018
Development Properties | Westglenn | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 9,398
Development Properties | Longpoint
Real Estate And Accumulated Depreciation [Line Items]
Location		Houston, TX
Initial Cost Land		$ 9,031
Gross Amount, Land		9,031
Gross Amount, Buildings and Fixtures		1,437
Total	[1]	10,468
Net		$ 10,468
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2018
Development Properties | Longpoint | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 1,437
Development Properties | 336 N Orange
Real Estate And Accumulated Depreciation [Line Items]
Location		Orlando, FL
Initial Cost Land		$ 6,004
Gross Amount, Land		6,004
Gross Amount, Buildings and Fixtures		6,819
Total	[1]	12,823
Net		$ 12,823
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Date Acquired		Dec. 31, 2018
Development Properties | 336 N Orange | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 6,819
Development Properties | Total Active Development Properties
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost Land		47,127
Gross Amount, Land		47,127
Gross Amount, Buildings and Fixtures		102,924
Total	[1]	150,051
Net		150,051
Development Properties | Total Active Development Properties | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		102,924
Real Estate | Total Properties
Real Estate And Accumulated Depreciation [Line Items]
Encumbrances		145,473
Initial Cost Land		1,899,554
Initial Cost Buildings and Fixtures		10,112,798
Gross Amount, Land		1,905,757
Gross Amount, Buildings and Fixtures		11,931,744
Total	[1]	13,837,501
Accumulated Depreciation	[2]	(2,942,838)
Net		10,894,663
Real Estate | Total Properties | Land [Member]
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		6,203
Real Estate | Total Properties | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		1,818,946
Land Improvements | Total Land Held For Future Developments
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost Land		34,548
Gross Amount, Land		34,548
Total	[1]	34,548
Net		34,548
Corporate Real Estate Owned Domain | Corporate Properties
Real Estate And Accumulated Depreciation [Line Items]
Gross Amount, Buildings and Fixtures		26,658
Total	[1]	26,658
Accumulated Depreciation	[2]	(12,415)
Net		14,243
Corporate Real Estate Owned Domain | Corporate Properties | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		26,658
Other Real Estate Owned | Total Other
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost Land		34,548
Gross Amount, Land		34,548
Gross Amount, Buildings and Fixtures		26,658
Total	[1]	61,206
Accumulated Depreciation	[2]	(12,415)
Net		48,791
Other Real Estate Owned | Total Other | Buildings and Fixtures
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition		$ 26,658
[1]	(4)
[2]	(5)

Schedule III Real Estate and _3

Schedule III Real Estate and Accumulated Depreciation (Parenthetical) (Details) $ in Millions	12 Months Ended
	Dec. 31, 2019USD ($)
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Federal Income Tax Basis	$ 11,400
Land Improvements And Buildings | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Equipment, Useful Life	8 years
Land Improvements And Buildings | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Equipment, Useful Life	40 years
Furniture Fixtures And Equipment
Real Estate And Accumulated Depreciation [Line Items]
Equipment, Useful Life	5 years
Encumbrance1 | Fixed Rate Debt [Member] | Loans
Real Estate And Accumulated Depreciation [Line Items]
Amount of bond used as encumbrance	$ 172
Derivative cap interest rate (percent)	4.44%
Derivative termination date	Jan. 10, 2049
Encumbrance2 | Fixed Rate Debt [Member] | Loans
Real Estate And Accumulated Depreciation [Line Items]
Amount of bond used as encumbrance	$ 121.1
Derivative cap interest rate (percent)	5.08%
Derivative termination date	Jun. 10, 2021
Encumbrance3 | Fixed Rate Debt [Member] | Loans
Real Estate And Accumulated Depreciation [Line Items]
Amount of bond used as encumbrance	$ 191.3
Derivative cap interest rate (percent)	4.43%
Derivative termination date	Feb. 10, 2049

Schedule III Real Estate and _4

Schedule III Real Estate and Accumulated Depreciation [Schedule] (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Real estate investments:
Balance at beginning of year	$ 13,656,807	$ 13,292,039	$ 12,972,170
Acquisitions	105,730	130,187	127,710
Less: FMV of leases included in acquisitions	(512)	(796)	(1,488)
Improvement and development	302,380	253,954	322,829
Disposition of real estate assets	(165,698)	(18,577)	(123,861)
Balance at end of year	13,898,707	13,656,807	13,292,039
Accumulated depreciation:
Balance at beginning of year	2,549,287	2,075,071	1,674,801
Depreciation	493,674	485,654	463,590
Disposition of real estate assets	(87,708)	(11,438)	(63,320)
Balance at end of year	$ 2,955,253	$ 2,549,287	2,075,071
Disposal Group, Held-for-sale, Not Discontinued Operations
Real estate investments:
Balance at beginning of year			$ 5,321