Document And Entity Information
Document And Entity Information - USD ($) | 12 Months Ended | ||
Dec. 31, 2022 | Feb. 16, 2023 | Jun. 30, 2022 | |
Entity Information [Line Items] | |||
Document Type | 10-K | ||
Title of 12(b) Security | Common Shares of Beneficial Interest, $.01 par value | ||
City Area Code | (713) | ||
Local Phone Number | 354-2500 | ||
Entity Incorporation, State or Country Code | TX | ||
Document Annual Report | true | ||
Document Transition Report | false | ||
Entity Tax Identification Number | 76-6088377 | ||
Entity Address, Address Line One | 11 Greenway Plaza, Suite 2400 | ||
Entity Address, City or Town | Houston, | ||
Entity Address, State or Province | TX | ||
Entity Address, Postal Zip Code | 77046 | ||
Security Exchange Name | NYSE | ||
Entity Filer Category | Large Accelerated Filer | ||
Entity Small Business | false | ||
Entity Emerging Growth Company | false | ||
Entity File Number | 1-12110 | ||
Entity Registrant Name | CAMDEN PROPERTY TRUST | ||
Entity Central Index Key | 0000906345 | ||
Trading Symbol | CPT | ||
Document Period End Date | Dec. 31, 2022 | ||
Amendment Flag | false | ||
Document Fiscal Year Focus | 2022 | ||
Entity Shell Company | false | ||
Document Fiscal Period Focus | FY | ||
Current Fiscal Year End Date | --12-31 | ||
Entity Current Reporting Status | Yes | ||
Entity Well-known Seasoned Issuer | Yes | ||
Entity Voluntary Filers | No | ||
Entity Common Stock, Shares Outstanding | 106,700,488 | ||
ICFR Auditor Attestation Flag | true | ||
Share Price | $ 134.48 | ||
Entity Public Float | $ 14,281,101,986 | ||
Entity Interactive Data Current | Yes |
Audit Information
Audit Information | 12 Months Ended |
Dec. 31, 2022 | |
Audit Information [Abstract] | |
Auditor Name | DELOITTE & TOUCHE LLP |
Auditor Firm ID | 34 |
Auditor Location | Houston, Texas |
Consolidated Balance Sheets
Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2022 | Dec. 31, 2021 |
Assets | ||
Land | $ 1,716,273 | $ 1,349,594 |
Buildings and improvements | 10,674,619 | 8,624,734 |
Real estate assets, at cost, total | 12,390,892 | 9,974,328 |
Accumulated depreciation | (3,848,111) | (3,358,027) |
Net operating real estate assets | 8,542,781 | 6,616,301 |
Properties under development, including land | 524,981 | 474,739 |
Investments in joint ventures | 0 | 13,730 |
Total real estate assets | 9,067,762 | 7,104,770 |
Accounts receivable – affiliates | 13,364 | 18,664 |
Other assets, net | 229,371 | 234,370 |
Cash and cash equivalents | 10,687 | 613,391 |
Restricted cash | 6,751 | 5,589 |
Total assets | 9,327,935 | 7,976,784 |
Liabilities | ||
Unsecured notes payable | 3,165,924 | 3,170,367 |
Secured Debt | 514,989 | 0 |
Accounts payable and accrued expenses | 211,370 | 191,651 |
Accrued real estate taxes | 95,551 | 66,673 |
Distributions payable | 103,628 | 88,786 |
Other liabilities | 179,552 | 193,052 |
Total liabilities | 4,271,014 | 3,710,529 |
Commitments and contingencies (Note 14) | ||
Equity | ||
Common shares of beneficial interest; $0.01 par value per share; 175,000 shares authorized; 117,734 and 114,668 issued; 115,636 and 112,578 outstanding at December 31, 2022 and 2021, respectively | 1,156 | 1,126 |
Additional paid-in capital | 5,897,454 | 5,363,530 |
Distributions in excess of net income attributable to common shareholders | (581,532) | (829,453) |
Treasury shares, at cost (9,090 and 9,236 common shares, at December 31, 2022 and 2021, respectively) | (328,684) | (333,974) |
Accumulated other comprehensive loss | (1,774) | (3,739) |
Total common equity | 4,986,620 | 4,197,490 |
Non-controlling interests | 70,301 | 68,765 |
Total equity | 5,056,921 | 4,266,255 |
Total liabilities and equity | $ 9,327,935 | $ 7,976,784 |
Consolidated Balance Sheets (Pa
Consolidated Balance Sheets (Parenthetical) - $ / shares shares in Thousands | Dec. 31, 2022 | Dec. 31, 2021 |
Statement of Financial Position [Abstract] | ||
Common shares, par value, per share | $ 0.01 | $ 0.01 |
Common shares, authorized | 175,000 | 175,000 |
Common shares, issued | 117,734 | 114,668 |
Common shares, outstanding | 115,636 | 112,578 |
Treasury shares, at cost | 9,090 | 9,236 |
Consolidated Statements Of Inco
Consolidated Statements Of Income And Comprehensive Income - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended | |||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | ||
Property revenues | ||||
Property revenues | $ 1,422,756 | $ 1,143,585 | $ 1,043,837 | |
Property expenses | ||||
Property operating and maintenance | 315,737 | 267,703 | 252,190 | |
Real estate taxes | 182,344 | 149,322 | 142,636 | |
Total property expenses | 498,081 | 417,025 | 394,826 | |
Non-property income | ||||
Fee and asset management | 5,188 | 10,532 | 10,800 | |
Interest and other income | 3,019 | 1,223 | 2,949 | |
Income/(loss) on deferred compensation plans | (19,637) | 14,369 | 12,045 | |
Total non-property income/(loss) | (11,430) | 26,124 | 25,794 | |
Other expenses | ||||
Property management | 28,601 | 26,339 | 24,201 | |
Fee and asset management | 2,516 | 4,511 | 3,954 | |
General and administrative | 60,413 | 59,368 | 53,624 | |
Interest | 113,424 | 97,297 | 91,526 | |
Depreciation and amortization | 577,020 | 420,692 | 367,162 | |
Expense/(benefit) on deferred compensation plans | (19,637) | 14,369 | 12,045 | |
Total other expenses | 762,337 | 622,576 | 552,512 | |
Loss on early retirement of debt | 0 | 0 | (176) | |
Gain on sale of operating properties, including land | 36,372 | 174,384 | 382 | |
Gain on acquisition of unconsolidated joint venture interests | 474,146 | 0 | 0 | |
Equity in income of joint ventures | [1] | 3,048 | 9,777 | 8,052 |
Income from continuing operations before income taxes | 664,474 | 314,269 | 130,551 | |
Income tax expense | (2,966) | (1,893) | (1,972) | |
Net income | 661,508 | 312,376 | 128,579 | |
Less income allocated to non-controlling interests | (7,895) | (8,469) | (4,668) | |
Net income attributable to common shareholders | $ 653,613 | $ 303,907 | $ 123,911 | |
Total earnings per share – basic | $ 6.07 | $ 2.97 | $ 1.24 | |
Total earnings per share – diluted | $ 6.04 | $ 2.96 | $ 1.24 | |
Weighted average number of common shares outstanding – basic | 107,605 | 101,999 | 99,385 | |
Weighted average number of common shares outstanding – diluted | 108,388 | 102,829 | 99,438 | |
Consolidated Statements of Comprehensive Income: | ||||
Net income | $ 661,508 | $ 312,376 | $ 128,579 | |
Other comprehensive income | ||||
Unrealized gain (loss) and unamortized prior service cost on post retirement obligation | 489 | 154 | (318) | |
Reclassification of net loss on cash flow hedging activities, prior service cost and net loss on post retirement obligation | 1,476 | 1,490 | 1,464 | |
Comprehensive income | 663,473 | 314,020 | 129,725 | |
Less income allocated to non-controlling interests | (7,895) | (8,469) | (4,668) | |
Comprehensive income attributable to common shareholders | $ 655,578 | $ 305,551 | $ 125,057 | |
[1]Equity in income excluded our ownership interest of fee income from various services provided by us to the Funds. |
Consolidated Statements Of Equi
Consolidated Statements Of Equity - USD ($) $ in Thousands | Total | Common Shares Of Beneficial Interest | Additional Paid-In Capital | Distributions In Excess Of Net Income | Treasury Shares, At Cost | Accumulated Other Comprehensive Income (Loss) | Noncontrolling Interests |
Equity, Beginning Balance at Dec. 31, 2019 | $ 3,701,724 | $ 1,069 | $ 4,566,731 | $ (584,167) | $ (348,419) | $ (6,529) | $ 73,039 |
Net Income | 128,579 | 123,911 | 4,668 | ||||
Other comprehensive income | 1,146 | 1,146 | |||||
Proceeds from issuance of common shares | 0 | ||||||
Net share awards | 20,181 | 13,986 | 6,195 | ||||
Employee share purchase plan | 2,159 | 1,347 | 812 | ||||
Cash distributions declared to equity holders | (336,626) | (330,823) | (5,803) | ||||
Other | (576) | (354) | (222) | ||||
Equity, Ending Balance at Dec. 31, 2020 | 3,516,587 | 1,069 | 4,581,710 | (791,079) | (341,412) | (5,383) | 71,682 |
Net Income | 312,376 | 303,907 | 8,469 | ||||
Other comprehensive income | 1,644 | 1,644 | |||||
Proceeds from issuance of common shares | 759,209 | 54 | 759,155 | ||||
Net share awards | 20,160 | 13,800 | 6,360 | ||||
Employee share purchase plan | 4,230 | 3,152 | 1,078 | ||||
Conversions and redemptions of operating partnership units | 0 | 1 | 5,935 | (5,936) | |||
Cash distributions declared to equity holders | (347,731) | (342,281) | (5,450) | ||||
Other | (220) | 2 | (222) | ||||
Equity, Ending Balance at Dec. 31, 2021 | 4,266,255 | 1,126 | 5,363,530 | (829,453) | (333,974) | (3,739) | 68,765 |
Net Income | 661,508 | 653,613 | 7,895 | ||||
Other comprehensive income | 1,965 | 1,965 | |||||
Proceeds from issuance of common shares | 516,758 | 30 | 516,728 | ||||
Net share awards | 20,762 | 15,999 | 4,763 | ||||
Employee share purchase plan | 1,850 | 1,296 | 554 | ||||
Conversions and redemptions of operating partnership units | 0 | 320 | (320) | ||||
Cash distributions declared to equity holders | (411,731) | (405,692) | (6,039) | ||||
Other | (446) | (419) | 27 | ||||
Equity, Ending Balance at Dec. 31, 2022 | $ 5,056,921 | $ 1,156 | $ 5,897,454 | $ (581,532) | $ (328,684) | $ (1,774) | $ 70,301 |
Consolidated Statements Of Eq_2
Consolidated Statements Of Equity (Parentheticals) - $ / shares | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Common shares issued | 3,059 | 5,416 | 0 |
Conversions and redemptions of operating partnership units | 7 | 142 | 0 |
Cash distributions declared to equity holders per share | $ 3.76 | $ 3.32 | $ 3.32 |
Consolidated Statements Of Cash
Consolidated Statements Of Cash Flows - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Cash flows from operating activities | |||
Net income | $ 661,508 | $ 312,376 | $ 128,579 |
Adjustments to reconcile net income to net cash from operating activities: | |||
Depreciation and amortization | 577,020 | 420,692 | 367,162 |
Loss on early retirement of debt | 0 | 0 | 176 |
Gain on sale of operating properties, including land | (36,372) | (174,384) | (382) |
Gain on acquisition of unconsolidated joint venture interests | (474,146) | 0 | 0 |
Distributions of income from joint ventures | 3,015 | 9,645 | 8,389 |
Equity in income of joint ventures | (3,048) | (9,777) | (8,052) |
Share-based compensation | 12,822 | 15,397 | 13,942 |
Net change in operating accounts and other | 3,913 | 3,518 | 9,505 |
Net cash from operating activities | 744,712 | 577,467 | 519,319 |
Cash flows from investing activities | |||
Development and capital improvements, including land | (449,431) | (428,714) | (427,247) |
Acquisition of operating properties, including joint venture interests, net of cash acquired | (1,066,051) | (629,959) | 0 |
Proceeds from sales of operating properties, including land | 70,536 | 254,717 | 753 |
Increase in non-real estate assets | (4,407) | (4,032) | (7,498) |
Other | (6,831) | 3,597 | 4,390 |
Net cash from investing activities | (1,456,184) | (804,391) | (429,602) |
Cash flows from financing activities | |||
Proceeds from issuance of common shares | 516,758 | 759,209 | 0 |
Distributions to common shareholders and non-controlling interests | (396,822) | (343,039) | (333,360) |
Borrowings on unsecured revolving credit facility | 758,000 | 0 | 358,000 |
Repayments on unsecured revolving credit facility | (716,000) | 0 | (402,000) |
Repayment of notes payable, including prepayment penalties | (350,000) | 0 | (100,000) |
Proceeds from notes payable | 300,000 | 0 | 782,823 |
Payment of deferred financing costs | (10,948) | (1,346) | (1,308) |
Other | 8,942 | 6,547 | 3,162 |
Net cash from financing activities | 109,930 | 421,371 | 307,317 |
Net increase (decrease) in cash, cash equivalents, and restricted cash | (601,542) | 194,447 | 397,034 |
Cash, cash equivalents, and restricted cash, beginning of year | 618,980 | 424,533 | 27,499 |
Cash, cash equivalents, and restricted cash, end of year | 17,438 | 618,980 | 424,533 |
Reconciliation of cash, cash equivalents, and restricted cash to the Consolidated Balance Sheets [Abstract] | |||
Cash and cash equivalents | 10,687 | 613,391 | 420,441 |
Restricted cash | 6,751 | 5,589 | 4,092 |
Total cash, cash equivalents, and restricted cash | 17,438 | 618,980 | 424,533 |
Supplemental information | |||
Cash paid for interest, net of interest capitalized | 111,069 | 97,301 | 90,297 |
Cash paid for income taxes | 3,216 | 2,181 | 2,292 |
Supplemental schedule of noncash investing and financing activities | |||
Distributions declared but not paid | 103,628 | 88,786 | 84,147 |
Value of shares issued under benefit plans, net of cancellations | 21,526 | 18,627 | 19,560 |
Accrual associated with construction and capital expenditures | 20,151 | 24,313 | 29,611 |
Mortgage debt assumed | 514,554 | 0 | 0 |
Other liabilities | 39,168 | 0 | 0 |
Right-of-use assets obtained in exchange for the use of new operating lease liabilities | $ 0 | $ 0 | $ 676 |
Description Of Business
Description Of Business | 12 Months Ended |
Dec. 31, 2022 | |
Description of Business [Abstract] | |
Description Of Business | 1. Description of Business Business. Formed on May 25, 1993, Camden Property Trust, a Texas real estate investment trust (“REIT”), and all consolidated subsidiaries are primarily engaged in the ownership, management, development, reposition, redevelopment, acquisition, and construction of multifamily apartment communities. Our multifamily apartment communities are referred to as “communities,” “multifamily communities,” “properties,” or “multifamily properties” in the following discussion. As of December 31, 2022, we owned interests in, operated, or were developing 178 multifamily properties comprised of 60,652 apartment homes across the United States. Of the 178 properties, six properties were under construction, and will consist of a total of 1,950 apartment homes when completed. We also own land holdings which we may develop into multifamily communities in the future. |
Summary of Significant Accounti
Summary of Significant Accounting Policies and Recent Accounting Pronouncements | 12 Months Ended |
Dec. 31, 2022 | |
Accounting Policies [Abstract] | |
Summary of Significant Accounting Policies and Recent Accounting Pronouncements | 2. Summary of Significant Accounting Policies and Recent Accounting Pronouncements Principles of Consolidation . Our consolidated financial statements include our accounts and the accounts of other subsidiaries and joint ventures (including partnerships and limited liability companies) over which we have control. All intercompany transactions, balances, and profits have been eliminated in consolidation. Investments acquired or created are evaluated based on the accounting guidance relating to variable interest entities (“VIEs”), which requires the consolidation of VIEs in which we are considered to be the primary beneficiary. If the investment is determined not to be a VIE, then the investment is evaluated for consolidation primarily using a voting interest model. In determining if we have a controlling financial interest, we consider factors such as ownership interests, authority to make decisions, kick-out rights and participating rights. As of December 31, 2022, two of our consolidated operating partnerships are VIEs. We are considered the primary beneficiary of both consolidated operating partnerships and therefore consolidate these operating partnerships. As of December 31, 2022, we held approximately 93% and 95% of the outstanding common limited partnership units and the sole 1% general partnership interest in each of these consolidated operating partnerships. Acquisitions of Real Estate . Upon the acquisition of real estate, we determine the fair value of tangible and intangible assets, which includes land, buildings (as-if-vacant), furniture and fixtures, the value of in-place leases, including above and below market leases, and acquired liabilities. In estimating these values, we apply methods similar to those used by independent appraisers of income-producing property. Estimates of fair value of acquired debt are based upon interest rates available for the issuance of debt with similar terms and remaining maturities. Depreciation is computed on a straight-line basis over the remaining useful lives of the related tangible assets. The value of in-place leases and above or below market leases is amortized over the estimated average remaining life of leases in place at the time of acquisition; the net carrying value of in-place leases are included in other assets, net and the net carrying value of above or below market leases are included in other liabilities, net in our consolidated balance sheets. During the years ended December 31, 2022, 2021, and 2020, we recognized amortization expense of approximately $50.3 million, $22.2 million, and $9.1 million, respectively, related to in-place leases. There was no remaining unamortized value of in-place leases at December 31, 2022. We recognized revenue related to net below-market leases of $8.6 million, $1.1 million and $0.1 million during the years ended December 31, 2022, 2021, and 2020, respectively. During the years ended December 31, 2022, 2021, and 2020, the weighted average amortization periods for in-place leases were approximately eight months, nine months, and six months, respectively. During the years ended December 31, 2022, 2021, and 2020, the weighted average amortization periods for net below-market leases were approximately seven months, ten months, and seven months, respectively. Asset Impairment . Long-lived assets are reviewed for impairment annually or whenever events or changes in circumstances indicate the carrying amount of an asset may not be recoverable. Impairment may exist if estimated future undiscounted cash flows associated with long-lived assets are not sufficient to recover the carrying value of such assets. We consider projected future undiscounted cash flows, trends, strategic decisions regarding future development plans, and other factors in our assessment of whether impairment indicators exist. While we believe our estimates of future cash flows are reasonable, different assumptions regarding a number of factors, including market rents, economic conditions, and occupancies, could significantly affect these estimates. When impairment exists, the long-lived asset is adjusted to its fair value. In estimating fair value, management uses appraisals, management estimates, and discounted cash flow calculations which utilize inputs from a marketplace participant’s perspective. In addition, we evaluate our equity investments in joint ventures, if any, and if we believe there is an other than temporary decline in market value of our investment below our carrying value, we will record an impairment charge. We did not record any impairment charges for the years ended December 31, 2022, 2021, or 2020. The value of our properties under development depends on market conditions including estimates of the project start date, projected construction costs, as well as estimates of demand for multifamily communities. We have reviewed market trends and other marketplace information and have incorporated this information as well as our current outlook into the assumptions we use in our impairment analyses. Due to the judgment and assumptions applied in the impairment analyses, it is possible actual results could differ substantially from those estimated. We believe the carrying value of our operating real estate assets, properties under development, and land is currently recoverable. However, if market conditions deteriorate or if changes in our development strategy significantly affect any key assumptions used in our fair value estimates, we may need to take material charges in future periods for impairments related to existing assets. Any such non-cash charges could have an adverse effect on our consolidated financial position and results of operations. Cash and Cash Equivalents . All cash and investments in money market accounts and other highly liquid securities with a maturity of three months or less at the date of purchase are considered to be cash and cash equivalents. We maintain the majority of our cash and cash equivalents at major financial institutions in the United States and deposits with these financial institutions may exceed the amount of insurance provided on such deposits; however, we regularly monitor the financial stability of these financial institutions and believe we are not currently exposed to any significant default risk with respect to these deposits. Cost Capitalization . Real estate assets are carried at cost plus capitalized carrying charges. Carrying charges are primarily interest and real estate taxes which are capitalized as part of properties under development. Capitalized interest is generally based on the weighted average interest rate of our unsecured debt. Expenditures directly related to the development and improvement of real estate assets are capitalized at cost as land and buildings and improvements. Indirect development costs, including salaries and benefits and other related costs directly attributable to the development of properties, are also capitalized. We begin capitalizing development, construction, and carrying costs when the development of the future real estate asset is probable and activities necessary to prepare the underlying real estate for its intended use have been initiated. All construction and certain carrying costs are capitalized and reported in the balance sheet as properties under development until the apartment homes are substantially completed. As apartment homes within development properties are completed, the total capitalized development cost of each apartment home is transferred from properties under development including land to buildings and improvements. As discussed above, carrying charges are principally interest and real estate taxes capitalized as part of properties under development. Capitalized interest was approximately $18.1 million, $16.7 million, and $17.4 million for the years ended December 31, 2022, 2021, and 2020, respectively. Capitalized real estate taxes were approximately $4.2 million, $2.8 million, and $3.3 million for the years ended December 31, 2022, 2021, and 2020, respectively. Where possible, we stage our construction to allow leasing and occupancy during the construction period, which we believe minimizes the duration of the lease-up period following completion of construction. Our accounting policy related to properties in the development and leasing phase is to expense all operating costs associated with completed apartment homes. We capitalize renovation and improvement costs we believe extend the economic lives of depreciable property. Capital expenditures subsequent to initial construction are capitalized and depreciated over their estimated useful lives. Depreciation and amortization is computed over the expected useful lives of depreciable property on a straight-line basis with lives generally as follows: Estimated Buildings and improvements 5-35 years Furniture, fixtures, equipment and other 3-20 years Intangible assets/liabilities (in-place leases and below market leases) underlying lease term Derivative Financial Instruments. Derivative financial instruments are recorded in the consolidated balance sheets at fair value and presented on a gross basis for financial reporting purposes even when those instruments are subject to master netting arrangements and may otherwise qualify for net presentation. Accounting for changes in the fair value of derivatives depends on the intended use of the derivative, whether we have elected to designate a derivative in a hedging relationship and apply hedge accounting, and whether the hedging relationship has satisfied the criteria necessary to apply hedge accounting. Derivatives designated and qualifying as a hedge of the exposure to variability in expected future cash flows or other types of forecasted transactions are cash flow hedges. Hedge accounting generally provides for the matching of the timing of gain or loss recognition on the hedging instrument with the recognition of the changes attributable to the earnings effect of the hedged transactions. We may enter into derivative contracts which are intended to economically hedge certain of our risks, for which hedge accounting does not apply or we elect not to apply hedge accounting. Assets Held for Sale (Including Discontinued Operations) . Disposed of properties are classified as a discontinued operation when the disposal represents a strategic shift, such as disposal of a major line of business, a major geographical area or a major equity investment. The results of operations for properties sold during the period or classified as held for sale at the end of the period, and meeting the above criteria of discontinued operations, are classified as discontinued operations for all periods presented. Real estate assets held for sale are measured at the lower of carrying amount or fair value less costs to sell and are presented separately in the accompanying consolidated balance sheets. Subsequent to classification of a property as held for sale, no further depreciation is recorded. Consolidated operating properties sold or classified as held for sale, which do not meet the above criteria of discontinued operations are not included in discontinued operations and the related gains and losses are included in continuing operations. Gains on sale of real estate are recognized when the criteria for derecognition of an asset is met, including when a contract exists and the buyer obtained control of the nonfinancial asset sold, in accordance with accounting principles generally accepted in the United States of America ("GAAP"). Fair Value . For financial assets and liabilities recorded at fair value on a recurring or non-recurring basis, fair value is the price we would receive to sell an asset, or pay to transfer a liability, in an orderly transaction with a market participant at the measurement date. In the absence of such data, fair value is estimated using internal information consistent with what market participants would use in a hypothetical transaction. In determining fair value, observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect our market assumptions; preference is given to observable inputs. These two types of inputs create the following fair value hierarchy: • Level 1: Quoted prices for identical instruments in active markets. • Level 2: Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations whose inputs are observable or whose significant value drivers are observable. • Level 3: Significant inputs to the valuation model are unobservable. Recurring Fair Value Measurements. The following describes the valuation methodologies we use to measure different financial instruments at fair value on a recurring basis: Deferred Compensation Plan Investments. The estimated fair values of investment securities classified as deferred compensation plan investments are based on quoted market prices utilizing public information for the same transactions. Our deferred compensation plan investments are recorded in other assets in our consolidated balance sheets. The inputs associated with the valuation of our recurring deferred compensation plan investments are included in Level 1 of the fair value hierarchy. Non-recurring Fair Value Measurements. Certain assets are measured at fair value on a non-recurring basis. These assets are not measured at fair value on an ongoing basis, but are subject to fair value adjustments in certain circumstances. These assets primarily include long-lived assets which are recorded at fair value when they are acquired, including the remeasurement of previously held ownership interests, using fair value methodologies described above at "Acquisitions of Real Estate," or if the long-lived assets are impaired using the fair value methodologies used to measure long-lived assets described above at "Asset Impairment." The inputs associated with the valuation of long-lived assets are generally included in Level 3 of the fair value hierarchy, unless a quoted price for a similar long-lived asset in an active market exists, at which time they are included in Level 2 of the fair value hierarchy. Financial Instrument Fair Value Disclosures. As of December 31, 2022 and 2021, the carrying values of cash and cash equivalents, accounts receivable, accounts payable, accrued expenses, and distributions payable represent fair value because of the short-term nature of these instruments. The carrying value of restricted cash approximates its fair value based on the nature of our assessment of the ability to recover these amounts. The carrying value of our notes receivable, which are included in other assets, net in our consolidated balance sheets, approximates their fair value. The estimated fair values are based on certain factors, such as market interest rates, terms of the note, and credit worthiness of the borrower. These financial instruments utilize Level 3 inputs. In calculating the fair value of our notes payable, interest rate, and spread assumptions reflect current credit worthiness and market conditions available for the issuance of notes payable with similar terms and remaining maturities. These financial instruments utilize Level 2 inputs. Income Recognition . The majority of our revenues are derived from real estate lease contracts which are accounted for pursuant to ASC 842, "Leases," and presented as property revenues, which include rental revenue and revenue from amounts received under contractual terms for other services provided to our customers. As a lessor, we made elections pursuant to ASC 842 to 1) not separate the lease and non-lease components by class of underlying assets and account for the combined components as a single component under certain conditions, and 2) exclude from lease revenues the sales taxes collected from lessees and certain lessor costs paid directly by the lessee. Our other revenue streams include fee and asset management income in accordance with other revenue guidance, ASC 606, Revenues from Contracts with Customers . A detail of our material revenue streams are discussed below: Property Revenue : We earn rental revenue from operating lease contracts for the use of dedicated spaces within owned assets, which is our only underlying asset class. We also earn revenues from amounts received under contractual terms for other services considered non-lease components within a lease contract, primarily consisting of utility rebillings and other transactional fees. These amounts received under contractual terms for other services are charged to our residents and recognized monthly as earned. Any identified uncollectible amounts related to individual lease contracts are presented as an adjustment to property revenue. Any renewal options of real estate lease contracts are considered a new, separate contract and will be recognized at the time the option is exercised on a straight-line basis over the renewal period. As of December 31, 2022, our average residential lease term was approximately fourteen months with all other commercial leases averaging longer lease terms. We anticipate property revenue from existing leases as follows: (in millions) Year ended December 31, Operating Leases 2023 $ 891.9 2024 53.3 2025 4.0 2026 3.7 2027 3.1 Thereafter 8.4 Total $ 964.4 Credit Risk. In management’s opinion, due to the number of residents, the types and diversity of submarkets in which our properties operate, and the collection terms, there is no significant concentration of credit risk. Insurance . Our primary lines of insurance coverage are property, general liability, health, workers compensation, and cybersecurity. We believe our insurance coverage adequately insures our properties against the risk of loss attributable to fire, earthquake, hurricane, tornado, flood, and other perils and adequately insures us against other risks. Losses are accrued based upon our estimates of the aggregate liability for claims incurred using certain actuarial assumptions followed in the insurance industry and based on our experience. Other Assets, Net . Other assets in our consolidated financial statements include investments under deferred compensation plans, deferred financing costs, non-real estate leasehold improvements and equipment, notes receivable, operating lease right-of-use assets, prepaid expenses, and other miscellaneous receivables. Investments under deferred compensation plans are classified as trading securities and are adjusted to fair market value at period end. For a further discussion of our investments under deferred compensation plans, see Note 11, “Share-based Compensation and Benefit Plans.” Deferred financing costs are related to our unsecured credit facility, and are amortized no longer than the terms of the related facility on the straight-line method, which approximates the effective interest method. Corporate leasehold improvements and equipment includes expenditures related to renovation and construction of office space we lease. These leasehold improvements are depreciated using the straight-line method over the shorter of the expected useful lives or the lease terms which generally range from three to ten years. Reportable Segments . We operate in a single reportable segment which includes the ownership, management, development, reposition, redevelopment, acquisition, and construction of multifamily apartment communities. Each of our operating properties is considered a separate operating segment as each property earns revenues and incurs expenses, individual operating results are reviewed and discrete financial information is available. We do not distinguish or group our consolidated operations based on geography, size or type. Our multifamily apartment communities have similar long-term economic characteristics and provide similar products and services to our residents. Further, all material operations are within the United States and no multifamily apartment community comprises more than 10% of consolidated revenues. As a result, our operating properties are aggregated into a single reportable segment. Our multifamily communities generate property revenue through the leasing of apartment homes, which comprised approximately 99% of our total property revenues and total non-property income, excluding income (loss) on deferred compensation plans, for each of the years ended December 31, 2022, 2021, and 2020. Restricted Cash . Restricted cash consists of escrow deposits held by lenders for property taxes, insurance and replacement reserves, cash required to be segregated for the repayment of residents’ security deposits, and escrowed amounts related to our development and acquisition activities. Substantially all restricted cash is invested in demand and short-term instruments. Share-based Compensation . Compensation expense associated with share-based awards is recognized in our consolidated statements of income and comprehensive income using the grant-date fair values. Compensation cost for all share-based awards, including options, requires measurement at estimated fair value on the grant date and recognition of compensation expense over the requisite service period for awards expected to vest. The fair value of stock option grants is estimated using the Black-Scholes valuation model. Valuation models require the input of assumptions, including judgments to estimate the expected stock price volatility, expected life, and forfeiture rate. The compensation cost for share-based awards is based on the market value of the shares on the date of grant and is adjusted as actual forfeitures occur. Use of Estimates . In the application of GAAP, management is required to make estimates and assumptions which affect the reported amounts of assets and liabilities at the date of the financial statements, results of operations during the reporting periods, and related disclosures. Our more significant estimates include estimates supporting our impairment analysis related to the carrying values of our real estate assets. These estimates are based on historical experience and other assumptions believed to be reasonable under the circumstances. Future events rarely develop exactly as forecasted, and the best estimates routinely require adjustment. |
Per Share Data
Per Share Data | 12 Months Ended |
Dec. 31, 2022 | |
Earnings Per Share [Abstract] | |
Per Share Data | 3. Per Share Data Basic earnings per share are computed using net income attributable to common shareholders and the weighted average number of common shares outstanding. Diluted earnings per share reflect common shares issuable from the assumed conversion of common share options and share awards granted and units convertible into common shares. Only those items having a dilutive impact on our basic earnings per share are included in diluted earnings per share. Our unvested share-based awards are considered participating securities and are reflected in the calculation of basic and diluted earnings per share using the two-class method. Common shares under a forward sale agreement will be considered in our calculation for diluted earnings-per-share until settlement, using the treasury stock method. The number of common share equivalent securities excluded from the diluted earnings per share calculation was approximately 1.0 million for each of the years ended December 31, 2022 and 2021 and was approximately 1.9 million for the year ended December 31, 2020. These securities, which include share awards granted and units convertible into common shares, were excluded from the diluted earnings per share calculation as they are anti-dilutive. The following table presents information necessary to calculate basic and diluted earnings per share for the periods indicated: Year Ended December 31, (in thousands, except per share amounts) 2022 2021 2020 Earnings per common share calculation – basic Income from continuing operations attributable to common shareholders $ 653,613 $ 303,907 $ 123,911 Amount allocated to participating securities (990) (545) (261) Net income attributable to common shareholders – basic $ 652,623 $ 303,362 $ 123,650 Total earnings per common share – basic $ 6.07 $ 2.97 $ 1.24 Weighted average number of common shares outstanding – basic 107,605 101,999 99,385 Earnings per common share calculation – diluted Income from continuing operations attributable to common shareholders, net of amount allocated to participating securities $ 652,623 $ 303,362 $ 123,650 Income allocated to common units from continuing operations 1,452 1,190 — Net income attributable to common shareholders – diluted $ 654,075 $ 304,552 $ 123,650 Total earnings per common share – diluted $ 6.04 $ 2.96 $ 1.24 Weighted average number of common shares outstanding – basic 107,605 101,999 99,385 Incremental shares issuable from assumed conversion of: Share awards granted 50 87 53 Common units 733 743 — Weighted average number of common shares outstanding – diluted 108,388 102,829 99,438 |
Common Shares
Common Shares | 12 Months Ended |
Dec. 31, 2022 | |
Stockholders' Equity Note [Abstract] | |
Common Shares [Text Block] | 4. Common Shares In May 2022, we created an at-the-market ("ATM") share offering program through which we can, but have no obligation to, sell common shares for an aggregate offering amount of up to $500.0 million (the "2022 ATM program"), in amounts and at times as we determine, into the existing trading market at current market prices as well as through negotiated transactions. Actual sales from time to time may depend on a variety of factors including, among others, market conditions, the trading price of our common shares, and determinations by management of the appropriate sources of funding for us. The proceeds from any sale of our common shares under the 2022 ATM program are intended to be used for general corporate purposes, which may include reducing future borrowings under our unsecured credit facility, the repayment of other indebtedness, the redemption or other repurchase of outstanding debt or equity securities, funding for development activities, and financing for acquisitions. The 2022 ATM program also permits the use of forward sale agreements which allows us to lock in a share price on the sale of common shares at the time the agreement is executed, but defer receiving the proceeds from the sale of the applicable shares until a later date. If we enter into a forward sale agreement, we expect the applicable forward purchasers will borrow from third parties and, through the applicable sales agent acting in its role as forward seller, sell a number of common shares equal to the number of shares underlying the applicable agreement. Under this scenario, we would not initially receive any proceeds from any sale of borrowed shares by the forward seller and would expect to physically settle each forward sale agreement with the relevant forward purchaser on or prior to the maturity date of a particular forward sale agreement by issuing our common shares in return for the receipt of aggregate net cash proceeds at settlement equal to the number of common shares underlying the particular forward sale agreement multiplied by the relevant forward sale price. However, at our sole discretion, we may also elect to cash settle or net share settle a particular forward sale agreement, in which case we may not receive any proceeds from the issuance of common shares, and we will instead receive or pay cash (in the case of cash settlement) or receive or deliver common shares (in the case of net share settlement). As of the date of this filing, we have not entered into any forward sales agreement and have common shares having an aggregate offering amount of up to $500.0 million remaining available for sale under this ATM program. In August 2021, we created an ATM share offering program through which we could, but had no obligation to, sell common shares for an aggregate offering price of up to $500.0 million (the "2021 ATM program"). During 2021 we sold approximately 2.6 million common shares for net consideration of approximately $400.4 million, and during the three months ended March 31, 2022, we sold approximately 0.2 million common shares for net consideration of approximately $26.2 million under this program. In May 2022, we terminated the 2021 ATM program with an aggregate offering amount of approximately $71.3 million remaining available for sale and, upon termination, no further common shares were available for sale. There were no additional shares sold under the 2021 ATM program from March 31, 2022 through the date of the applicable termination agreements. In June 2020, we created an ATM share offering program through which we could, but had no obligation to, sell common shares having an aggregate offering price of up to $362.7 million (the "2020 ATM program"). During the six months ended June 30, 2021, we sold an aggregate of approximately 2.9 million common shares for net consideration of approximately $358.8 million. In August 2021, we terminated the 2020 ATM program with an aggregate offering price of approximately $0.2 million not sold. There were no additional shares sold under the 2020 ATM program from June 30, 2021 through the date of the applicable termination agreements. We have a repurchase plan approved by our Board of Trust Managers which allows for the repurchase of up to $500 million of our common equity securities through open market purchases, block purchases, and privately negotiated transactions. As of December 31, 2020 and 2021, the remaining dollar value of our common equity securities authorized to be repurchased under this program was approximately $269.5 million, and there were no repurchases during either year. In October 2022, our Board of Trust Managers approved to increase the authorization for our share repurchase plan by approximately $230.5 million to a total of $500.0 million. There were no repurchases under this plan for the year ended December 31, 2022 or through the date of this filing. We currently have an automatic shelf registration statement which allows us to offer, from time to time, common shares, preferred shares, debt securities, or warrants. Our Amended and Restated Declaration of Trust provides we may issue up to 185 million shares of beneficial interest, consisting of 175 million common shares and 10 million preferred shares. In April 2022, we issued 2.9 million common shares in a public equity offering and received approximately $490.3 million in net proceeds, which we used to reduce borrowings under our unsecured credit facility. At December 31, 2022, we had approximately 106.5 million common shares outstanding, net of treasury shares and shares held in our deferred compensation arrangements, and no preferred shares outstanding. In the first quarter of 2023, the Company's Board of Trust Managers declared a first quarter dividend of $1.00 per common share to our common shareholders of record as of March 31, 2023. |
Operating Partnerships
Operating Partnerships | 12 Months Ended |
Dec. 31, 2022 | |
Operating Partnerships [Abstract] | |
Operating Partnerships [Text Block] | 5. Operating Partnerships At December 31, 2022, approximately 4% of our consolidated multifamily apartment homes were held in Camden Operating, L.P. (“Camden Operating” or the “operating partnership”). Camden Operating has 11.9 million outstanding common limited partnership units and as of December 31, 2022, we held approximately 93% of the outstanding common limited partnership units and the sole 1% general partnership interest of the operating partnership. The remaining common limited partnership units, comprising approximately 0.7 million units, are primarily held by former officers, directors, and investors of Paragon Group, Inc., which we acquired in 1997. Each common limited partnership unit is redeemable for one common share of Camden Property Trust or cash at our election. Holders of common limited partnership units are not entitled to rights as shareholders prior to redemption of their common limited partnership units. No member of our management owns Camden Operating common limited partnership units. At December 31, 2022, approximately 26% of our consolidated multifamily apartment homes were held in Camden Summit Partnership, L.P. (the “Camden Summit Partnership”). Camden Summit Partnership has 22.8 million outstanding common limited partnership units and as of December 31, 2022, we held approximately 95% of the outstanding common limited partnership units and the sole 1% general partnership interest of Camden Summit Partnership. The remaining common limited partnership units, comprising approximately 0.9 million units, are primarily held by former officers, directors, and investors of Summit Properties Inc., which we acquired in 2005. Each common limited partnership unit is redeemable for one common share of Camden Property Trust or cash at our election and holders of common limited partnership units are not entitled to rights as shareholders prior to redemption of their common limited partnership units. No member of our management owns Camden Summit Partnership common limited partnership units. |
Income Taxes
Income Taxes | 12 Months Ended |
Dec. 31, 2022 | |
Income Tax Disclosure [Abstract] | |
Income Taxes | 6. Income Taxes We have maintained and intend to maintain our election as a REIT under the Internal Revenue Code of 1986, as amended. In order for us to continue to qualify as a REIT we must meet a number of organizational and operational requirements, including a requirement to distribute annual dividends to our shareholders equal to a minimum of 90% of our adjusted taxable income. As a REIT, we generally will not be subject to federal income tax on our taxable income at the corporate level to the extent such income is distributed to our shareholders annually. If our taxable income exceeds our dividends in a tax year, REIT tax rules allow us to designate dividends from the subsequent tax year in order to avoid current taxation on undistributed income. If we fail to qualify as a REIT in any taxable year, we may be subject to federal and state income taxes for such year. In addition, we may not be able to requalify as a REIT for the four subsequent taxable years and may be subject to federal and state income taxes in those years as well. Historically, we have incurred only state and local income, franchise, and excise taxes. Taxable income from non-REIT activities managed through taxable REIT subsidiaries is subject to applicable federal, state, and local income taxes. Our operating partnerships are flow-through entities and are not subject to federal income taxes at the entity level. We have recorded income, franchise, and excise taxes in the consolidated statements of income and comprehensive income for the years ended December 31, 2022, 2021 and 2020 as income tax expense. Income taxes for the years ended December 31, 2022, 2021 and 2020, primarily related to state income tax and federal taxes on certain of our taxable REIT subsidiaries. We have no significant temporary or permanent differences or tax credits associated with our taxable REIT subsidiaries. For income tax purposes, distributions to common shareholders are characterized as ordinary income, capital gains, or return of capital. A summary of the income tax characterization of our distributions paid per common share for the years ended December 31, 2022, 2021 and 2020 is set forth in the following table: Year Ended December 31, 2022 2021 2020 Common Share Distributions (1) Ordinary income $ — $ 2.06 $ 3.22 Long-term capital gain 0.48 1.14 0.04 Return of capital 2.26 — 0.06 Unrecaptured Sec. 1250 gain 0.08 0.12 — Total $ 2.82 $ 3.32 $ 3.32 (1) The $0.94 distribution per share paid on January 17, 2023 will be considered a 2023 distribution for federal income tax purposes and will be subject to taxation based on our 2023 earnings. We have taxable REIT subsidiaries which are subject to federal and state income taxes. At December 31, 2022, our taxable REIT subsidiaries had immaterial net operating loss carryforwards (“NOL’s”) and no material benefits related to these NOL’s have been recognized in our 2022 or 2021 consolidated financial statements. The carrying value of net assets reported in our consolidated financial statements at December 31, 2022 exceeded the tax basis by approximately $2.0 billion. Income Tax Expense . We had income tax expense of approximately $3.0 million, $1.9 million and $2.0 million for the tax years ended December 31, 2022, 2021 and 2020, respectively, which was comprised mainly of state income taxes and federal income tax related to one of our taxable REIT subsidiaries. Income Tax Expense – Deferred . For the years ended December 31, 2022, 2021, and 2020, our deferred tax expense was not significant. The income tax returns of Camden Property Trust and its subsidiaries are subject to examination by federal, state and local tax jurisdictions for years 2019 through 2021. Tax attributes generated in years prior to 2019 are also subject to challenge in any examination of those tax years. We believe we have no uncertain tax positions or unrecognized tax benefits requiring disclosure as of and for the periods presented. Tax Reform. The 2022 Inflation Reduction Act (“the 2022 Act”) was passed on August 16, 2022, which is generally applicable for taxable years beginning after December 31, 2022, and included a number of changes to the corporate income tax system. As a REIT, we are generally exempt from the majority of the provisions under the 2022 Act and do not believe the provisions will have a material impact on our consolidated financial statements. |
Acquisitions and Dispositions
Acquisitions and Dispositions | 12 Months Ended |
Dec. 31, 2022 | |
Property, Plant and Equipment [Abstract] | |
Acquisitions and Dispositions | 7. Acquisitions and Dispositions Asset Acquisition of Operating Properties. On April 1, 2022, we purchased the remaining 68.7% ownership interests in two unconsolidated discretionary investment funds (collectively, the "Funds") for cash consideration of approximately $1.1 billion, after adjusting for our assumption of approximately $515 million of existing secured mortgage debt of the Funds which remained outstanding. As a result of this acquisition, we consolidated the Funds as of April 1, 2022 and now own 100% ownership interest in 22 multifamily communities comprised of 7,247 units located in Houston, Austin, Dallas, Tampa, Raleigh, Orlando, Washington D.C., Charlotte, and Atlanta. Prior to the acquisition, we accounted for our 31.3% ownership interests in each of these Funds in accordance with the equity method of accounting. We accounted for this transaction as an asset acquisition and remeasured our previously held 31.3% ownership interests in the Funds to fair value at the acquisition date. As a result of this remeasurement, we recognized a gain of approximately $474.1 million. Upon consolidation, the total consideration was allocated to assets and liabilities based on relative fair value, resulting in an increase in assets comprised of $2.1 billion of real estate assets, $44.0 million of in-place leases and $24.7 million of other assets and an increase in liabilities made up of $514.6 million of secured debt, $39.2 million of other liabilities, and approximately $7.6 million of net below-market leases. During the year ended December 31, 2021, we acquired one operating property comprised of 558 apartment homes located in Dallas, Texas for approximately $165.5 million in October and one operating property comprised of 368 apartment homes located in St. Petersburg, Florida for approximately $176.3 million in August. In June 2021, we also acquired one operating property comprised of 328 apartment homes located in Franklin, Tennessee for approximately $105.3 million and one operating property comprised of 430 apartment homes located in Nashville, Tennessee for approximately $186.3 million. We did not acquire any operating properties during the year ended December 31, 2020. Acquisitions of Land. During the year ended December 31, 2022, we acquired for future development purposes two parcels of land totaling approximately 42.6 acres in Charlotte, North Carolina for an aggregate cost of approximately $32.7 million; approximately 3.8 acres of land in Nashville, Tennessee for approximately $30.5 million; and approximately 15.9 acres of land in Richmond, Texas for approximately $7.8 million. During the year ended December 31, 2021, we acquired for future development purposes approximately 2.0 acres of land in Nashville, Tennessee for $36.6 million; approximately 5.2 acres of land in Denver, Colorado for $24.0 million; approximately 14.6 acres of land in The Woodlands, Texas for $9.3 million; and approximately 0.2 acres of land in St. Petersburg, Florida for $2.1 million. During the year ended December 31, 2020, we acquired for future development purposes approximately 4.1 acres of land in Durham, North Carolina for $27.6 million and approximately 4.9 acres of land in Raleigh, North Carolina for $18.2 million. Land Holding Dispositions. We did not sell any land holdings during the years ended December 31, 2022 and 2021. During the year ended December 31, 2020, we sold approximately 4.7 acres of land adjacent to one of our operating properties in Raleigh, North Carolina for approximately $0.8 million and recognized a gain of $0.4 million. Sale of Operating Properties. During the year ended December 31, 2022, we sold one operating property comprised of 245 apartment homes located in Largo, Maryland for approximately $71.9 million and recognized a gain of approximately $36.4 million. During the year ended December 31, 2021, we sold two operating properties comprised of a total of 652 apartment homes, located in Houston, Texas for approximately $115.0 million and recognized a gain of approximately $81.1 million and one property comprised of 426 apartment homes, located in Laurel, Maryland for approximately $145.0 million and recognized a gain of approximately $93.3 million. We did not sell any operating properties during the year ended December 31, 2020. |
Investments In Joint Ventures
Investments In Joint Ventures | 12 Months Ended |
Dec. 31, 2022 | |
Equity Method Investments and Joint Ventures [Abstract] | |
Investments In Joint Ventures | 8. Investments in Joint Ventures On April 1, 2022, the Company obtained 100% of the ownership interests in the Funds and consolidated the Funds as of the acquisition date, as discussed in Note 7, "Acquisitions and Dispositions," above. Prior to the acquisition, we held a 31.3% ownership interest in the Funds, and accounted for these investments under the equity method. The following table summarizes the combined balance sheets and statements of income data for the Funds as of and for the periods presented: (in millions) 2022 2021 Total assets $ — $ 679.1 Total third-party debt — 513.8 Total equity — 131.9 2022 (1) 2021 2020 Total revenues $ 37.2 $ 139.0 $ 128.5 Net income 7.1 21.3 15.8 Equity in income (2) 3.0 9.8 8.1 (1) Results for 2022 related to activity during the first quarter. We consolidated the operations of the Funds as of April 1, 2022. (2) Equity in income excluded our ownership interest of fee income from various services provided by us to the Funds. Prior to the acquisition of the remaining interests in the Funds, we earned fees for property and asset management, construction, development, and other services related to the Funds, and we eliminated fee income for services provided to the Funds to the extent of our ownership. Fees earned for these services, net of eliminations, were approximately $1.7 million, $6.6 million, and $7.6 million for the years ended December 31, 2022, 2021, and 2020, respectively. There were no fees earned from the date we consolidated the Funds on April 1, 2022. |
Notes Payable
Notes Payable | 12 Months Ended |
Dec. 31, 2022 | |
Notes Payable [Abstract] | |
Notes Payable | 9. Notes Payable The following is a summary of our indebtedness: December 31, (in millions) 2022 2021 Commercial banks 5.31% Term loan, due 2024 $ 39.8 $ 39.9 5.20% Term loan, due 2024 300.0 — 5.13% Unsecured revolving credit facility 42.0 — $ 381.8 $ 39.9 Senior unsecured notes 3.15% Notes, due 2022 $ — $ 349.3 5.07% Notes, due 2023 249.8 249.3 4.36% Notes, due 2024 249.7 249.5 3.68% Notes, due 2024 249.2 248.8 3.74% Notes, due 2028 398.3 397.8 3.67% Notes, due 2029 (1) 595.5 594.9 2.91% Notes, due 2030 744.8 744.1 3.41% Notes, due 2049 296.8 296.8 $ 2,784.1 $ 3,130.5 Total unsecured notes payable $ 3,165.9 $ 3,170.4 Secured notes Master Credit Facilities 3.78% - 4.04% Conventional Mortgage Notes, due 2026 - 2028 $ 291.2 $ — 6.16% Variable Rate Notes, due 2026 166.2 — 6.49% Variable Rate Construction Note, due 2024 18.9 — 3.87% note, due 2028 38.7 — Total secured notes payable $ 515.0 $ — Total notes payable (2) $ 3,680.9 $ 3,170.4 Value of real estate assets, at cost, subject to secured notes $ 2,080.9 $ — (1) The 2029 Notes have an effective annual interest rate of approximately 3.84% through June 2026, which includes the effect of a settled forward interest rate swap, and approximately 3.28% thereafter, for an all-in average effective rate of approximately 3.67%. (2) Unamortized debt discounts, debt issuance costs, and fair market value adjustments of $18.0 million and $19.6 million are included in senior unsecured notes payable as of December 31, 2022 and 2021, respectively. In August 2022, we amended and restated our existing credit facility to among other things, add a $300 million unsecured term loan with a delayed draw feature that matures in August 2024 (which may be extended at the Company's option to August 2025), and increase the capacity of our existing unsecured revolving credit facility from $900 million to $1.2 billion which may be expanded, upon the satisfaction of certain conditions, by up to three times and $500 million in the aggregate by requesting increases to the revolving credit facility and term loan or requesting additional term loans. We also extended the maturity date of the revolving credit facility from March 2023 to August 2026, with two options to further extend the facility at our election for two additional consecutive six-month periods. The interest rates on our unsecured revolving credit facility and delayed term loan are based upon the Secured Overnight Financing Rate ("SOFR") plus a margin which is subject to change as our credit ratings change. Advances under our revolving credit facility may be priced at the scheduled rates, or we may enter into bid rate loans with participating banks at rates below the scheduled rates. These bid rate loans have terms of 180 days or less and may not exceed the lesser of $600 million or the remaining amount available under our revolving credit facility. Our revolving credit facility and delayed term loan are subject to customary financial covenants and limitations. We believe we are in compliance with all such financial covenants and limitations as of December 31, 2022 and through the date of this filing. Our unsecured revolving credit facility provides us with the ability to issue up to $50 million in letters of credit. While our issuance of letters of credit does not increase our borrowings outstanding under our revolving credit facility, it does reduce the amount available. At December 31, 2022, we had outstanding letters of credit totaling $14.2 million, approximately $1.1 billion available under our unsecured revolving credit facility, and approximately $300 million outstanding on our term loan. In December 2022, we used the $300 million unsecured term loan and borrowings from our unsecured revolving credit facility to repay the principal amount of our 3.15% senior unsecured note payable, which matured on December 15, 2022, for a total of $350.0 million, plus accrued interest. In September 2022, we extended the maturity date of our $40 million unsecured floating rate term loan with an unrelated third party from September 2022 to September 2024. Additionally, the interest rate on the term loan was changed from LIBOR plus a margin to SOFR plus a margin. As a result of the acquisition of the Funds on April 1, 2022, we assumed approximately $514.6 million of secured mortgage loans with maturity dates ranging from 2024 to 2028 and effective interest rates on the date of acquisition ranging from 2.47% to 4.04%. These secured mortgage loans consist of a variable rate construction loan, a fixed rate cross-collateralized and cross-defaulted note between three operating properties, and two cross-collateralized and cross-defaulted master credit facilities with Fannie Mae, which include both fixed conventional mortgage notes and variable rate notes. In connection with the assumed secured mortgage loans discussed above, we recorded an approximate $2.4 million fair value adjustment as a decrease to the note balances, and is being amortized over the respective debt terms as an increase to interest expense. We recorded amortization of the fair value adjustment of approximately $0.4 million during the year-ended December 31, 2022. We had outstanding floating rate debt of approximately $566.9 million and $39.9 million at December 31, 2022 and 2021, respectively. The weighted average interest rate on such debt was approximately 5.5% and 1.9% at December 31, 2022 and 2021, respectively. Our indebtedness had a weighted average maturity of 6.4 years at December 31, 2022. The table below is a summary of the maturity dates of our outstanding debt and principal amortizations, and the weighted average interest rates on such debt, at December 31, 2022: (in millions) (1) Amount (2) Weighted Average Interest Rate (3) 2023 $ 246.6 5.1 2024 556.5 4.2 2025 297.8 5.2 2026 188.9 5.9 2027 214.9 4.1 Thereafter 2,176.2 3.4 Total $3,680.9 4.0 % (1) Includes all available extension options. (2) Includes amortization of debt discounts, debt issuance costs, and fair market value adjustments. (3) Includes the effects of the applicable settled forward interest rate swaps. |
Derivative Financial Instrument
Derivative Financial Instruments and Hedging Activities (Notes) | 12 Months Ended |
Dec. 31, 2022 | |
Derivative Instruments and Hedging Activities Disclosure [Abstract] | |
Derivative Instruments and Hedging Activities Disclosure [Text Block] | 10. Derivative Financial Instruments and Hedging Activities Risk Management Objective of Using Derivatives. We are exposed to certain risks arising from both our business operations and economic conditions. We manage economic risks, including interest rate, liquidity, and credit risk, primarily by managing the amount, sources, and duration of our debt funding and the use of derivative financial instruments. Specifically, we may enter into derivative financial instruments to manage exposures arising from business activities resulting in differences in the amount, timing, and duration of our known or expected cash payments principally related to our borrowings. See Note 2, "Summary of Significant Accounting Policies and Recent Accounting Pronouncements" for a further discussion of derivative financial instruments. Cash Flow Hedges of Interest Rate Risk. Our objectives in using interest rate derivatives are to add stability to interest expense and to manage our exposure to interest rate movements. To accomplish these objectives, we primarily use interest rate swaps and caps as part of our interest rate risk management strategy. Interest rate swaps involve the receipt of variable rate amounts from a counterparty in exchange for us making fixed-rate payments over the life of the agreements without exchange of the underlying notional amount. Designated Hedges. The gain or loss on the derivatives designated and qualifying as cash flow hedges is reported as a component of other comprehensive income or loss and subsequently reclassified into earnings in the period the hedged forecasted transaction affects earnings and presented in the same line item as the earnings effect of the hedged item. At December 31, 2022, 2021 and 2020 , we had no designated hedges outstanding. As of each of the years ended December 31, 2022, 2021 , and 2020, there were no unrealized gains or losses recognized in other comprehensive income related to derivative financial instruments. During each of the years ended December 31, 2022, 2021 , and 2020, approximately $1.3 million was reclassified from accumulated other comprehensive loss as an increase to interest expense for derivative financial instruments settled in prior periods. |
Share-Based Compensation and Be
Share-Based Compensation and Benefit Plans | 12 Months Ended |
Dec. 31, 2022 | |
Share-Based Payment Arrangement, Noncash Expense [Abstract] | |
Share-Based Compensation and Benefit Plans | 11. Share-based Compensation and Benefit Plans Incentive Compensation. We currently maintain the 2018 Share Incentive Plan (the “2018 Share Plan”), which was approved by the Company’s shareholders. The shares available for awards under the 2018 Share Plan are, subject to certain other limits under the plan, generally available for any type of award authorized under the 2018 Share Plan, including stock options, stock appreciation rights, restricted stock awards, stock bonuses and other stock-based awards. Persons eligible to receive awards under the 2018 Share Plan include officers and employees of the Company or any of its subsidiaries, Trust Managers of the Company, and certain consultants and advisors to the Company or any of its subsidiaries. A total of 9.7 million shares (“Share Limit”) was authorized under the 2018 Share Plan. Shares issued or to be issued are counted against the Share Limit as set forth as (1) 3.45 to 1.0 for every share award, excluding stock options and share appreciation rights, granted, and (2) 1.0 to 1.0 for every share of stock option or share appreciation right granted. As of December 31, 2022, there were approximately 5.9 million common shares available under the 2018 Share Plan, which would result in approximately 1.7 million shares which could be granted pursuant to full value awards conversion ratios as defined under the plan. Total compensation cost for share awards charged against income was approximately $14.2 million, $16.1 million, and $15.3 million for 2022, 2021 and 2020, respectively. Total capitalized compensation cost for share awards was approximately $4.5 million, $3.8 million and $3.4 million for the years ended December 31, 2022, 2021 and 2020, respectively. A summary of activity under our share incentive plans for the year ended December 31, 2022 is shown below: Nonvested Weighted Nonvested share awards outstanding at December 31, 2021 184,128 $ 107.57 Granted 136,948 161.91 Exercised/Vested (151,361) 128.45 Forfeited (5,068) 129.96 Total nonvested share awards outstanding at December 31, 2022 164,647 $ 132.99 Share Awards and Vesting. Share awards for employees generally vest over three years and are valued at the market value of the shares on the grant date. In the event the holder of the share awards attains at least age 65, and with respect to employees, also attain at least ten or more years of service ("Retirement Eligibility") before the term in which the awards are scheduled to vest, the value of the share awards is amortized from the date of grant to the individual's Retirement Eligibility date. All new share awards granted after reaching Retirement Eligibility vest on the date of grant. At December 31, 2022, 2021 and 2020, the weighted average fair value of share awards granted was $161.91, $105.87 and $113.46, respectively. The total fair value of shares vested during the years ended December 31, 2022, 2021 and 2020 was approximately $19.4 million, $23.6 million, and $18.7 million, respectively. At December 31, 2022, the unamortized value of previously issued unvested share awards was approximately $12.1 million which is expected to be amortized over the next two years. Employee Share Purchase Plan (“ESPP”). In May 2018, our shareholders approved the 2018 Employee Share Purchase Plan (the "2018 ESPP") which amends and restates our 1999 Employee Share Purchase Plan effective with the offering period commencing in June 2018. Under the 2018 ESPP, we may issue up to a total of approximately 500,000 common shares. The 2018 ESPP permits eligible employees to purchase our common shares either through payroll deductions or through semi-annual contributions. Each offering period has a six month duration commencing in June and December for which shares may be purchased at 85% of the market value, as defined on the first or last day of the offering period, whichever price is lower. We currently use treasury shares to satisfy ESPP share requirements. Each participant must hold the shares purchased for nine months in order to receive the discount, and a participant may not purchase more than $25,000 in value of shares during any plan year, as defined. The following table presents information related to our ESPP: 2022 2021 2020 Shares purchased 15,353 29,857 22,496 Weighted average fair value of shares purchased $ 119.15 $ 141.64 $ 95.97 Expense recorded (in millions) $ 0.2 $ 1.2 $ 0.3 Rabbi Trust. We established a rabbi trust for a select group of participants in which share awards granted under the share incentive plan and salary and other cash amounts earned may be deposited. The rabbi trust was only in use for deferrals made prior to 2005, including bonuses related to service in 2004 but paid in 2005. The rabbi trust was an irrevocable trust and no portion of the trust fund may be used for any purpose other than the delivery of those assets to the participants. The assets held in the rabbi trust are subject to the claims of our general creditors in the event of bankruptcy or insolvency. The value of the assets of the rabbi trust is consolidated into our financial statements. Granted share awards held by the rabbi trust are classified in equity in a manner similar to the manner in which treasury stock is accounted. Subsequent changes in the fair value of the shares are not recognized. The deferred compensation obligation is classified as an equity instrument and changes in the fair value of the amount owed to the participant are not recognized. At December 31, 2022 and 2021, approximately 1.1 million and 1.2 million share awards, respectively, were held in the rabbi trust. Additionally, as of December 31, 2022 and 2021, the rabbi trust held trading securities totaling approximately $8.9 million and $11.7 million, respectively, which represents cash deferrals made by plan participants. Market value fluctuations on these trading securities are recognized in income in accordance with GAAP and the liability due to participants is adjusted accordingly. At December 31, 2022 and December 31, 2021, approximately $13.3 million and $14.1 million, respectively, was required to be paid to us by plan participants upon the withdrawal of any assets from the rabbi trust, and is included in “Accounts receivable-affiliates” in our consolidated financial statements. Non-Qualified Deferred Compensation. In 2004, we established a Non-Qualified Deferred Compensation Plan which is an unfunded arrangement established and maintained primarily for the benefit of a select group of participants. Eligible participants commence participation in this plan on the date the deferral election first becomes effective. We credit to the participant's account an amount equal to the amount designated as the participant's deferral for the plan year as indicated in the participant's deferral election(s). Any modification to or termination of the plan will not reduce a participant's right to any vested amounts already credited to his or her account. Approximately 1.0 million and 0.9 million share awards were held in the plan at December 31, 2022 and 2021, respectively. Additionally, as of December 31, 2022 and 2021, the plan held trading securities totaling approximately $111.7 million and $125.6 million, respectively, which represents cash deferrals made by plan participants and diversification of share awards within the plan to trading securities. Market value fluctuations on these trading securities are recognized in income in accordance with GAAP and the liability due to participants is adjusted accordingly. The assets held in the Non-Qualified Deferred Compensation Plan are subject to the claims of our general creditors in the event of bankruptcy or insolvency. 401(k) Savings Plan. We have a 401(k) savings plan which is a voluntary defined contribution plan, and provides participating employees the ability to elect to contribute up to 60 percent of eligible compensation, subject to limitations as defined by the federal tax code, with the Company making matching contributions up to a predetermined limit. The matching contributions made for the years ended December 31, 2022, 2021, and 2020 were approximately $3.4 million, $3.3 million , and $3.4 million , respectively |
Fair Value Measurements
Fair Value Measurements | 12 Months Ended |
Dec. 31, 2022 | |
Fair Value Disclosures [Abstract] | |
Fair Value Measurements | 12. Fair Value Measurements Recurring Fair Value Disclosures. The following table presents information about our financial instruments measured at fair value on a recurring basis as of December 31, 2022 and 2021 using the inputs and fair value hierarchy discussed in Note 2, “Summary of Significant Accounting Policies and Recent Accounting Pronouncements”: Financial Instruments Measured at Fair Value on a Recurring Basis December 31, 2022 December 31, 2021 (in millions) Quoted Significant Significant Total Quoted Significant Significant Total Other Assets Deferred compensation plan investments (1) $ 120.7 $ — $ — $ 120.7 $ 137.3 $ — $ — $ 137.3 (1) Approximately $3.6 million and $10.6 million of participant cash was withdrawn from our deferred compensation plan investments during the years ended December 31, 2022 and 2021, respectively. Nonrecurring Fair Value Disclosures. The nonrecurring fair value disclosures inputs under the fair value hierarchy are discussed in Note 2, “Summary of Significant Accounting Policies and Recent Accounting Pronouncements.” During the year ended December 31, 2022, we acquired the remaining 68.7% ownership interests in the Funds, which owned 22 multifamily communities. We consolidated these properties upon obtaining 100% ownership interests and recorded the real estate assets and identifiable above and below-market and in-place leases at their relative fair values based upon methods similar to those used by independent appraisers of income-producing properties. Our previously held 31.3% equity interests in the Funds were also remeasured to fair value utilizing these same techniques. We also completed four asset acquisitions of operating properties during the year ended December 31, 2021. We also recorded the real estate assets and identifiable above and below-market and in-place leases at their relative fair values based upon methods similar to those used by independent appraisers of income producing properties. The fair value measurements associated with the valuation of these acquired assets represent Level 3 measurements within the fair value hierarchy. See Note 7, "Acquisitions and Dispositions" for a further discussion about these acquisitions. Financial Instrument Fair Value Disclosures. The following table presents the carrying and estimated fair values of our notes payable at December 31, 2022 and 2021, in accordance with the policies discussed in Note 2, "Summary of Significant Accounting Policies and Recent Accounting Pronouncements." December 31, 2022 December 31, 2021 (in millions) Carrying Estimated Carrying Estimated Fixed rate notes payable $ 3,114.0 $ 2,806.1 $ 3,130.5 $ 3,363.7 Floating rate notes payable (1) 566.9 566.8 39.9 40.1 (1) Includes balances outstanding under our unsecured credit facility at December 31, 2022. |
Net Change In Operating Account
Net Change In Operating Accounts | 12 Months Ended |
Dec. 31, 2022 | |
Increase (Decrease) in Operating Capital [Abstract] | |
Net Change In Operating Accounts | 13. Net Change in Operating Accounts The effect of changes in the operating accounts and other on cash flows from operating activities is as follows: Year Ended December 31, (in thousands) 2022 2021 2020 Change in assets: Other assets, net $ (13,950) $ (12,068) $ (5,235) Change in liabilities: Accounts payable and accrued expenses (2,990) 14,786 (62) Accrued real estate taxes 22,901 (809) 11,745 Other liabilities (6,207) (2,133) 997 Other 4,159 3,742 2,060 Change in operating accounts and other $ 3,913 $ 3,518 $ 9,505 |
Commitments And Contingencies
Commitments And Contingencies | 12 Months Ended |
Dec. 31, 2022 | |
Commitments and Contingencies Disclosure [Abstract] | |
Commitments And Contingencies | 14. Commitments and Contingencies Construction Contracts. As of December 31, 2022, we estimate the additional cost to complete the six consolidated projects currently under construction to be approximately $306.7 million. We expect to fund this amount through a combination of one or more of the following: cash flows generated from operations, draws on our unsecured credit facility, the use of debt and equity offerings under our automatic shelf registration statement, proceeds from property dispositions, equity issued from our ATM programs, other unsecured borrowings or secured mortgages. Litigation . We are subject to various legal proceedings and claims which arise in the ordinary course of business. Matters which arise out of allegations of bodily injury, property damage, and employment practices are generally covered by insurance. While the resolution of these legal proceedings and claims cannot be predicted with certainty, management believes the final outcome of such matters will not have a material adverse effect on our consolidated financial statements. We have been named as a defendant in several cases alleging antitrust violations by a seller of revenue management software and owners and/or operators of multi-family housing which utilize this software. The complaints allege collusion among defendants to fix rents in violation of Section 1 of the Sherman Act. The first case naming us was filed on November 10, 2022. These cases are pending in several jurisdictions, including the Western District of Washington. We believe these lawsuits are without merit and will vigorously defend the action. At this stage of the proceedings, it is not possible to predict or determine the outcome nor is it possible to estimate the amount of loss, if any, associated with an adverse decision. Other Commitments and Contingencies. In the ordinary course of our business, we issue letters of intent indicating a willingness to negotiate for acquisitions, dispositions, or joint ventures and also enter into arrangements contemplating various transactions. Such letters of intent and other arrangements are non-binding as to either party unless and until a definitive contract is entered into by the parties. Even if definitive contracts relating to the purchase or sale of real property are entered into, these contracts generally provide the purchaser with time to evaluate the property and conduct due diligence, during which periods the purchaser will have the ability to terminate the contracts without penalty or forfeiture of any deposit or earnest money. There can be no assurance definitive contracts will be entered into with respect to any matter covered by letters of intent or we will consummate any transaction contemplated by any definitive contract. Furthermore, due diligence periods for real property are frequently extended as needed. An acquisition or sale of real property becomes probable at the time the due diligence period expires and the definitive contract has not been terminated. We are then at risk under a real property acquisition contract, but generally only to the extent of any earnest money deposits associated with the contract, and are obligated to sell under a real property sales contract. At December 31, 2022, we had approximately $1.1 million of earnest money deposits for potential acquisitions of land included in other assets, net in our consolidated balance sheet of which $0.5 million is non-refundable. Lease Commitments. Substantially all of our operating leases recorded in our consolidated balance sheets are related to office facility leases. We had no significant changes to our lessee lease commitments for the year ended December 31, 2022. The lease and non-lease components, excluding short-term lease contracts with a duration of 12 months or less, are accounted for as a combined single component based upon the standalone price at the time the applicable lease is commenced and is recognized as a lease expense on a straight-line basis over the lease term. Most of our office facility leases include options to renew and generally are not included in the operating lease liabilities or right-of-use ("ROU") assets as they are not reasonably certain of being exercised. If an option to renew is exercised, it would be considered a separate contract and recognized based upon the standalone price at the time the option to renew is exercised. Variable lease payments which values are not known at lease commencement, such as executory costs of real estate taxes, property insurance, and common area maintenance, are expensed as incurred. The following is a summary of our operating lease related information: ($ in millions) As of December 31, Balance sheet Classification 2022 2021 Right-of-use assets, net Other assets, net $ 6.0 $ 6.9 Operating lease liabilities Other liabilities $ 8.4 $ 10.0 ($ in millions) Year ended Statement of income and comprehensive income Classification 2022 2021 Rent expense related to operating lease liabilities General and administrative expenses and property management expenses $ 2.7 $ 2.9 Variable lease expense General and administrative expenses and property management expenses 1.3 1.3 Total lease expense $ 4.0 $ 4.2 ($ in millions) Year ended Statement of cash flows Classification 2022 2021 Cash flows from operating leases Net cash from operating activities $ 2.5 $ 2.7 Supplemental lease information Weighted average remaining lease term (years) 2.9 3.6 Weighted average discount rate - operating leases (1) 4.6 % 4.8 % (1) We use a secured incremental borrowing rate, as defined by ASC 842 based on an estimated secured rate with applicable adjustments, as most of our lease contracts do not provide a readily determinable implicit rate. The following is a summary of our maturities of our lease liabilities as of December 31, 2022: (in millions) Year ended December 31, Operating Leases 2023 $ 3.3 2024 3.1 2025 2.3 2026 0.4 2027 0.1 Thereafter — Less: discount for time value (0.8) Lease liability as of December 31, 2022 $ 8.4 |
Schedule III - Real Estate and
Schedule III - Real Estate and Accumulated Depreciation | 12 Months Ended |
Dec. 31, 2022 | |
Schedule III - Real Estate and Accumulated Depreciation [Abstract] | |
Schedule III - Real Estate and Accumulated Depreciation [Text Block] | Camden Property Trust Schedule III Initial Cost Total Cost Land Building/ Cost Land Building/ Total Accumulated Total Cost, Encumbrances Year of Current communities: ARIZONA Phoenix/Scottsdale Camden Chandler $ 5,511 $ 62,429 $ 1,577 $ 5,511 $ 64,006 $ 69,517 $ 18,661 $ 50,856 $ — 2016 Camden Copper Square 4,825 23,672 15,235 4,825 38,907 43,732 24,874 18,858 — 2000 Camden Foothills 11,006 33,712 1,298 11,006 35,010 46,016 11,081 34,935 — 2014 Camden Legacy 4,068 26,612 27,181 4,068 53,793 57,861 37,481 20,380 — 1998 Camden Montierra 13,687 31,727 7,845 13,687 39,572 53,259 15,128 38,131 — 2012 Camden North End I 16,108 82,620 577 16,108 83,197 99,305 24,326 74,979 — 2019 Camden North End II 10,100 70,097 16 10,100 70,113 80,213 10,648 69,565 — 2021 Camden Old Town Scottsdale 23,227 71,784 3,735 23,227 75,519 98,746 20,159 78,587 — 2019 Camden Pecos Ranch 3,362 24,492 9,927 3,362 34,419 37,781 14,592 23,189 — 2012 Camden San Marcos 11,520 35,166 8,888 11,520 44,054 55,574 17,075 38,499 — 2012 Camden San Paloma 6,480 23,045 17,420 6,480 40,465 46,945 24,265 22,680 — 2002 Camden Sotelo 3,376 30,576 2,679 3,376 33,255 36,631 10,932 25,699 — 2013 Camden Tempe 9,248 35,254 1,151 9,248 36,405 45,653 11,181 34,472 — 2015 CALIFORNIA Los Angeles/Orange County Camden Crown Valley 9,381 54,210 17,155 9,381 71,365 80,746 45,495 35,251 — 2001 Camden Glendale 21,492 96,158 3,342 21,492 99,500 120,992 28,151 92,841 — 2015 Camden Harbor View 16,079 127,459 42,423 16,079 169,882 185,961 94,945 91,016 — 2003 Camden Main and Jamboree 17,363 75,387 11,295 17,363 86,682 104,045 30,906 73,139 — 2008 Camden Martinique 28,401 51,861 33,986 28,401 85,847 114,248 60,301 53,947 — 1998 Camden Sea Palms 4,336 9,930 10,317 4,336 20,247 24,583 13,856 10,727 — 1998 The Camden 18,286 118,730 1,420 18,286 120,150 138,436 31,763 106,673 — 2016 San Diego/Inland Empire Camden Hillcrest 20,409 72,487 2 20,409 72,489 92,898 7,097 85,801 — 2021 Camden Landmark 17,339 71,315 9,573 17,339 80,888 98,227 27,714 70,513 — 2012 Camden Old Creek 20,360 71,777 10,343 20,360 82,120 102,480 41,584 60,896 — 2007 Camden Sierra at Otay Ranch 10,585 49,781 16,407 10,585 66,188 76,773 38,811 37,962 — 2003 Camden Tuscany 3,330 36,466 11,044 3,330 47,510 50,840 27,209 23,631 — 2003 Camden Vineyards 4,367 28,494 9,745 4,367 38,239 42,606 22,193 20,413 — 2002 COLORADO Denver Camden Belleview Station 8,091 44,003 12,054 8,091 56,057 64,148 19,693 44,455 — 2012 Camden Caley $ 2,047 $ 17,445 $ 13,374 $ 2,047 $ 30,819 $ 32,866 $ 20,697 $ 12,169 $ — 2000 Camden Denver West 6,396 51,552 14,943 6,396 66,495 72,891 25,369 47,522 — 2012 Camden Flatirons 6,849 72,631 1,972 6,849 74,603 81,452 23,808 57,644 — 2015 Camden Highlands Ridge 2,612 34,726 25,936 2,612 60,662 63,274 40,231 23,043 — 1996 Camden Interlocken 5,293 31,612 23,189 5,293 54,801 60,094 37,291 22,803 — 1999 Camden Lakeway 3,915 34,129 32,354 3,915 66,483 70,398 45,183 25,215 — 1997 Camden Lincoln Station 4,648 51,762 815 4,648 52,577 57,225 14,603 42,622 — 2017 Camden RiNo 15,989 63,147 152 15,989 63,299 79,288 11,814 67,474 — 2020 WASHINGTON DC METRO Camden Ashburn Farm 4,835 22,604 7,129 4,835 29,733 34,568 16,647 17,921 — 2005 Camden College Park 16,409 91,503 10,683 16,409 102,186 118,595 38,924 79,671 — 2008 Camden Dulles Station 10,807 61,548 14,858 10,807 76,406 87,213 34,497 52,716 — 2008 Camden Fair Lakes 15,515 104,223 18,634 15,515 122,857 138,372 65,764 72,608 — 2005 Camden Fairfax Corner 8,484 72,953 14,096 8,484 87,049 95,533 45,558 49,975 — 2006 Camden Fallsgrove 9,408 43,647 8,332 9,408 51,979 61,387 28,436 32,951 — 2005 Camden Grand Parc 7,688 35,900 6,411 7,688 42,311 49,999 22,010 27,989 — 2005 Camden Lansdowne 15,502 102,267 30,138 15,502 132,405 147,907 73,035 74,872 — 2005 Camden Monument Place 9,030 54,089 12,142 9,030 66,231 75,261 31,411 43,850 — 2007 Camden NoMa 19,442 82,306 1,691 19,442 83,997 103,439 28,122 75,317 — 2014 Camden NoMa II 17,331 91,211 461 17,331 91,672 109,003 36,594 72,409 — 2017 Camden Potomac Yard 16,498 88,317 16,146 16,498 104,463 120,961 48,331 72,630 — 2008 Camden Roosevelt 11,470 45,785 7,845 11,470 53,630 65,100 28,164 36,936 — 2005 Camden Shady Grove 24,177 89,820 1,114 24,177 90,934 115,111 31,554 83,557 — 2018 Camden Silo Creek 9,707 45,301 10,634 9,707 55,935 65,642 29,907 35,735 — 2005 Camden South Capitol 24,829 117,638 230 24,829 117,868 142,697 5,690 137,007 51,757 2022 Camden Washingtonian 13,512 75,134 389 13,512 75,523 89,035 21,156 67,879 — 2018 FLORIDA Southeast Florida Camden Atlantic 9,000 91,225 — 9,000 91,225 100,225 1,808 98,417 — 2022 Camden Aventura 12,185 47,616 17,136 12,185 64,752 76,937 37,495 39,442 — 2005 Camden Boca Raton 2,201 50,057 1,762 2,201 51,819 54,020 16,028 37,992 — 2014 Camden Brickell 14,621 57,031 41,643 14,621 98,674 113,295 53,038 60,257 — 2005 Camden Doral 10,260 40,416 9,124 10,260 49,540 59,800 27,862 31,938 — 2005 Camden Doral Villas 6,476 25,543 9,258 6,476 34,801 41,277 20,382 20,895 — 2005 Camden Las Olas 12,395 79,518 35,066 12,395 114,584 126,979 61,891 65,088 — 2005 Camden Plantation 6,299 77,964 21,608 6,299 99,572 105,871 52,039 53,832 — 2005 Camden Portofino 9,867 38,702 13,287 9,867 51,989 61,856 28,702 33,154 — 2005 Orlando Camden Hunter's Creek $ 4,156 $ 20,925 $ 8,195 $ 4,156 $ 29,120 $ 33,276 $ 16,915 $ 16,361 $ — 2005 Camden Lago Vista 3,497 29,623 7,428 3,497 37,051 40,548 21,617 18,931 — 2005 Camden Lake Eola 11,374 113,699 199 11,374 113,898 125,272 13,490 111,782 — 2021 Camden LaVina 12,907 42,617 6,876 12,907 49,493 62,400 18,210 44,190 — 2012 Camden Lee Vista 4,350 34,643 20,723 4,350 55,366 59,716 34,496 25,220 — 2000 Camden North Quarter 9,990 68,471 2,010 9,990 70,481 80,471 20,756 59,715 — 2018 Camden Orange Court 5,319 40,733 5,827 5,319 46,560 51,879 21,968 29,911 — 2008 Camden Thornton Park 11,711 74,628 4,963 11,711 79,591 91,302 20,559 70,743 — 2018 Camden Town Square 13,127 45,997 2,287 13,127 48,284 61,411 17,480 43,931 — 2012 Camden Waterford Lakes 19,504 65,647 534 19,504 66,181 85,685 4,061 81,624 29,418 2022 Camden World Gateway 5,785 51,821 10,996 5,785 62,817 68,602 34,191 34,411 — 2005 Tampa/St. Petersburg Camden Bay 7,450 63,283 39,410 7,450 102,693 110,143 63,807 46,336 — 1998/2002 Camden Central 21,780 149,251 1,986 21,780 151,237 173,017 14,903 158,114 — 2021 Camden Montague 3,576 16,534 1,332 3,576 17,866 21,442 7,158 14,284 — 2012 Camden Pier District 21,092 105,383 3,844 21,092 109,227 130,319 32,006 98,313 — 2018 Camden Preserve 1,206 17,982 15,239 1,206 33,221 34,427 24,874 9,553 — 1997 Camden Royal Palms 2,147 38,339 6,014 2,147 44,353 46,500 21,785 24,715 — 2007 Camden Visconti 27,031 114,061 2,202 27,031 116,263 143,294 6,457 136,837 38,298 2022 Camden Westchase Park 11,955 36,254 2,488 11,955 38,742 50,697 14,128 36,569 — 2012 GEORGIA Atlanta Camden Brookwood 7,174 31,984 18,790 7,174 50,774 57,948 28,182 29,766 — 2005 Camden Buckhead 7,761 156,423 27 7,761 156,450 164,211 16,203 148,008 — 2022 Camden Buckhead Square 13,200 43,785 2,243 13,200 46,028 59,228 11,156 48,072 — 2017 Camden Creekstone 5,017 19,912 6,812 5,017 26,724 31,741 10,949 20,792 — 2012 Camden Deerfield 4,895 21,922 15,763 4,895 37,685 42,580 21,123 21,457 — 2005 Camden Dunwoody 5,290 23,642 11,874 5,290 35,516 40,806 21,238 19,568 — 2005 Camden Fourth Ward 10,477 51,258 2,692 10,477 53,950 64,427 17,675 46,752 — 2014 Camden Midtown Atlanta 6,196 33,828 13,940 6,196 47,768 53,964 27,737 26,227 — 2005 Camden Paces 15,262 102,521 2,558 15,262 105,079 120,341 33,550 86,791 — 2015 Camden Peachtree City 6,536 29,063 10,138 6,536 39,201 45,737 22,713 23,024 — 2005 Camden Phipps 26,840 71,006 2,003 26,840 73,009 99,849 3,676 96,173 19,297 2022 Camden Shiloh 4,181 18,798 7,161 4,181 25,959 30,140 15,802 14,338 — 2005 Camden St. Clair 7,526 27,486 10,703 7,526 38,189 45,715 22,486 23,229 — 2005 Camden Stockbridge 5,071 22,693 6,465 5,071 29,158 34,229 16,842 17,387 — 2005 Camden Vantage 11,787 68,822 20,055 11,787 88,877 100,664 29,260 71,404 — 2013 NORTH CAROLINA Charlotte Camden Ballantyne $ 4,503 $ 30,250 $ 12,234 $ 4,503 $ 42,484 $ 46,987 $ 24,777 $ 22,210 $ — 2005 Camden Cotton Mills 4,246 19,147 8,810 4,246 27,957 32,203 16,928 15,275 — 2005 CoWork by Camden 814 3,422 25 814 3,447 4,261 913 3,348 — 2019 Camden Dilworth 516 16,633 6,572 516 23,205 23,721 11,951 11,770 — 2006 Camden Fairview 1,283 7,223 6,381 1,283 13,604 14,887 8,268 6,619 — 2005 Camden Foxcroft 1,408 7,919 6,810 1,408 14,729 16,137 8,748 7,389 — 2005 Camden Foxcroft II 1,152 6,499 4,705 1,152 11,204 12,356 6,701 5,655 — 2005 Camden Gallery 7,930 51,957 1,452 7,930 53,409 61,339 15,029 46,310 — 2017 Camden Grandview 7,570 33,859 17,019 7,570 50,878 58,448 29,130 29,318 — 2005 Camden Grandview II 4,656 17,852 173 4,656 18,025 22,681 4,115 18,566 — 2019 Camden Sedgebrook 5,266 29,211 14,484 5,266 43,695 48,961 23,551 25,410 — 2005 Camden South End 6,625 29,175 18,972 6,625 48,147 54,772 27,454 27,318 — 2005 Camden Southline 29,754 74,533 157 29,754 74,690 104,444 3,787 100,657 32,314 2022 Camden Stonecrest 3,941 22,021 8,737 3,941 30,758 34,699 18,373 16,326 — 2005 Camden Touchstone 1,203 6,772 4,767 1,203 11,539 12,742 7,107 5,635 — 2005 Raleigh Camden Asbury Village 17,510 79,585 629 17,510 80,214 97,724 4,407 93,317 29,317 2022 Camden Carolinian 14,765 56,674 1,350 14,765 58,024 72,789 10,279 62,510 — 2019 Camden Crest 4,412 31,108 16,266 4,412 47,374 51,786 23,100 28,686 — 2005 Camden Governor's Village 3,669 20,508 9,182 3,669 29,690 33,359 16,835 16,524 — 2005 Camden Lake Pine 5,746 31,714 17,316 5,746 49,030 54,776 29,109 25,667 — 2005 Camden Manor Park 2,535 47,159 13,745 2,535 60,904 63,439 32,359 31,080 — 2006 Camden Overlook 4,591 25,563 12,366 4,591 37,929 42,520 23,218 19,302 — 2005 Camden Reunion Park 2,931 18,457 13,460 2,931 31,917 34,848 19,344 15,504 — 2005 Camden Westwood 4,567 25,519 13,205 4,567 38,724 43,291 21,296 21,995 — 2005 TENNESSEE Nashville Camden Franklin Park 13,785 88,573 2,286 13,785 90,859 104,644 10,602 94,042 — 2021 Camden Music Row 21,802 152,340 1,531 21,802 153,871 175,673 16,545 159,128 — 2021 TEXAS Austin Camden Amber Oaks 9,987 68,719 360 9,987 69,079 79,066 4,370 74,696 22,297 2022 Camden Amber Oaks II 7,973 50,052 220 7,973 50,272 58,245 3,181 55,064 17,797 2022 Camden Brushy Creek 9,618 54,076 335 9,618 54,411 64,029 3,000 61,029 12,066 2022 Camden Cedar Hills 2,684 20,931 5,726 2,684 26,657 29,341 12,906 16,435 — 2008 Camden Gaines Ranch 5,094 37,100 12,744 5,094 49,844 54,938 28,862 26,076 — 2005 Camden Huntingdon $ 2,289 $ 17,393 $ 16,852 $ 2,289 $ 34,245 $ 36,534 $ 24,559 $ 11,975 $ — 1995 Camden La Frontera 3,250 32,376 1,582 3,250 33,958 37,208 11,415 25,793 — 2015 Camden Lamar Heights 3,988 42,773 1,502 3,988 44,275 48,263 14,671 33,592 — 2015 Camden Rainey Street 30,044 85,477 2,420 30,044 87,897 117,941 19,118 98,823 — 2019 Camden Shadow Brook 18,039 101,572 507 18,039 102,079 120,118 5,633 114,485 23,396 2022 Camden Stoneleigh 3,498 31,285 11,367 3,498 42,652 46,150 23,764 22,386 — 2006 Dallas/Fort Worth Camden Addison 11,516 29,332 10,459 11,516 39,791 51,307 18,811 32,496 — 2012 Camden Belmont 12,521 61,522 8,459 12,521 69,981 82,502 25,971 56,531 — 2012 Camden Buckingham 2,704 21,251 13,570 2,704 34,821 37,525 26,061 11,464 — 1997 Camden Centreport 1,613 12,644 8,495 1,613 21,139 22,752 15,715 7,037 — 1997 Camden Cimarron 2,231 14,092 9,619 2,231 23,711 25,942 20,090 5,852 — 1997 Camden Design District 30,004 90,678 477 30,004 91,155 121,159 4,656 116,503 27,065 2022 Camden Farmers Market 17,341 74,193 36,860 17,341 111,053 128,394 70,360 58,034 — 2001/2005 Camden Greenville 42,645 116,923 2,610 42,645 119,533 162,178 7,420 154,758 — 2021 Camden Henderson 3,842 15,256 1,373 3,842 16,629 20,471 6,362 14,109 — 2012 Camden Legacy Creek 2,052 12,896 8,797 2,052 21,693 23,745 17,011 6,734 — 1997 Camden Legacy Park 2,560 15,449 13,321 2,560 28,770 31,330 20,182 11,148 — 1997 Camden Panther Creek 8,850 62,860 322 8,850 63,182 72,032 3,478 68,554 14,325 2022 Camden Riverwalk 24,961 133,698 750 24,961 134,448 159,409 7,424 151,985 39,140 2022 Camden Valley Park 3,096 14,667 18,842 3,096 33,509 36,605 30,535 6,070 — 1994 Camden Victory Park 13,445 71,735 1,827 13,445 73,562 87,007 21,285 65,722 — 2016 Houston Camden City Centre 4,976 44,735 15,010 4,976 59,745 64,721 28,869 35,852 — 2007 Camden City Centre II 5,101 28,131 1,148 5,101 29,279 34,380 10,784 23,596 — 2013 Camden Cypress Creek 8,282 69,368 282 8,282 69,650 77,932 3,840 74,092 12,301 2022 Camden Cypress Creek II 5,940 50,102 50 5,940 50,152 56,092 2,765 53,327 18,851 2022 Camden Downs at Cinco Ranch 8,285 77,053 678 8,285 77,731 86,016 4,288 81,728 19,969 2022 Camden Downtown 7,813 123,819 436 7,813 124,255 132,068 26,602 105,466 — 2020 Camden Grand Harbor 7,841 64,834 316 7,841 65,150 72,991 3,594 69,397 11,583 2022 Camden Greenway 16,916 43,933 25,797 16,916 69,730 86,646 51,227 35,419 — 1999 Camden Heights 34,079 88,824 753 34,079 89,577 123,656 4,585 119,071 31,747 2022 Camden Highland Village 28,536 111,802 7,031 28,536 118,833 147,369 23,764 123,605 — 2019 Camden Holly Springs 11,108 42,852 15,470 11,108 58,322 69,430 26,364 43,066 — 2012 Camden McGowen Station 6,089 85,038 1,751 6,089 86,789 92,878 25,794 67,084 — 2018 Camden Midtown 4,583 18,026 13,398 4,583 31,424 36,007 23,761 12,246 — 1999 Camden Northpointe 5,593 81,289 380 5,593 81,669 87,262 4,512 82,750 15,439 2022 Camden Plaza 7,204 31,044 10,072 7,204 41,116 48,320 15,931 32,389 — 2007 Camden Post Oak $ 14,056 $ 92,515 $ 22,791 $ 14,056 $ 115,306 $ 129,362 $ 42,997 $ 86,365 $ — 2013 Camden Royal Oaks 1,055 20,046 5,464 1,055 25,510 26,565 13,639 12,926 — 2006 Camden Royal Oaks II 587 12,743 39 587 12,782 13,369 4,793 8,576 — 2012 Camden Spring Creek 12,317 73,942 670 12,317 74,612 86,929 4,115 82,814 20,668 2022 Camden Stonebridge 1,016 7,137 8,225 1,016 15,362 16,378 12,383 3,995 — 1993 Camden Sugar Grove 7,614 27,594 6,848 7,614 34,442 42,056 14,133 27,923 — 2012 Camden Travis Street 1,780 29,104 2,863 1,780 31,967 33,747 14,318 19,429 — 2010 Camden Vanderbilt 16,076 44,918 33,449 16,076 78,367 94,443 59,135 35,308 — 1994/1997 Camden Whispering Oaks 1,188 26,242 3,576 1,188 29,818 31,006 14,309 16,697 — 2008 Camden Woodson Park 3,995 62,430 297 3,995 62,727 66,722 3,433 63,289 11,767 2022 Camden Yorktown 6,673 68,568 316 6,673 68,884 75,557 3,801 71,756 16,177 2022 Total current communities: $ 1,704,932 $ 9,050,312 $ 1,562,104 $ 1,704,932 $ 10,612,416 $ 12,317,348 $ 3,846,117 $ 8,471,231 $ 514,989 Communities under construction: Name / location Camden Tempe II (1) $ — $ 101,302 $ — $ — $ 101,302 $ 101,302 $ 1,979 $ 99,323 $ — N/A Camden NoDa — 95,587 — — 95,587 95,587 15 95,572 — N/A Camden Durham — 82,583 — — 82,583 82,583 — 82,583 — N/A Camden Village District — 41,044 — — 41,044 41,044 — 41,044 — N/A Camden Woodmill Creek — 19,189 — — 19,189 19,189 — 19,189 — N/A Camden Long Meadow Farms — 14,586 — — 14,586 14,586 — 14,586 — N/A Total communities under construction: $ — $ 354,291 $ — $ — $ 354,291 $ 354,291 $ 1,994 $ 352,297 $ — Development pipeline communities: Name/location Camden Blakeney $ — $ 21,710 $ — $ — $ 21,710 $ 21,710 $ — $ 21,710 $ — N/A Camden South Charlotte — 24,829 — — 24,829 24,829 — 24,829 — N/A Camden Nations — 33,269 — — 33,269 33,269 — 33,269 — N/A Camden Baker — 29,510 — — 29,510 29,510 — 29,510 — N/A Camden Highland Village II $ — $ 9,731 $ — $ — $ 9,731 $ 9,731 $ — $ 9,731 $ — N/A Camden Gulch — 43,732 — — 43,732 43,732 — 43,732 — N/A Camden Paces III — 20,627 — — 20,627 20,627 — 20,627 — N/A Camden Arts District — 41,094 — — 41,094 41,094 — 41,094 — N/A Camden Downtown II — 13,458 — — 13,458 13,458 — 13,458 — N/A Total development pipeline communities: $ — $ 237,960 $ — $ — $ 237,960 $ 237,960 $ — $ 237,960 $ — Corporate — 6,274 — — 6,274 6,274 — 6,274 — N/A $ — $ 6,274 $ — $ — $ 6,274 $ 6,274 $ — $ 6,274 $ — TOTAL $ 1,704,932 $ 9,648,837 $ 1,562,104 $ 1,704,932 $ 11,210,941 $ 12,915,873 $ 3,848,111 $ 9,067,762 $ 514,989 (1) Property is in lease-up at December 31, 2022. Balances presented here include costs which are included in buildings and improvements and land on the consolidated balance sheet at December 31, 2022. These costs related to completed unit turns for this property. Camden Property Trust Schedule III The changes in total real estate assets for the years ended December 31: 2022 2021 2020 Balance, beginning of period $ 10,449,067 $ 9,553,177 $ 9,115,793 Additions during period: Acquisition of operating properties 2,068,440 607,099 — Development and repositions 352,174 346,173 349,890 Improvements 105,321 87,297 87,865 Deductions during period: Cost of real estate sold – other (59,129) (144,679) (371) Balance, end of period $ 12,915,873 $ 10,449,067 $ 9,553,177 The changes in accumulated depreciation for the years ended December 31: 2022 2021 2020 Balance, beginning of period $ 3,358,027 $ 3,034,186 $ 2,686,025 Depreciation of real estate assets 515,413 387,432 348,161 Dispositions (25,329) (63,591) — Balance, end of period $ 3,848,111 $ 3,358,027 $ 3,034,186 The aggregate cost for federal income tax purposes at December 31, 2022 was $10.8 billion. |
Schedule IV - Mortgage Loans on
Schedule IV - Mortgage Loans on Real Estate | 12 Months Ended |
Dec. 31, 2022 | |
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Abstract] | |
Schedule IV - Mortgage Loans on Real Estate [Text Block] | Camden Property Trust Schedule IV ($ in thousands) Description Interest Rate Final Maturity Date Periodic payment terms Face amount of Carrying amount of Parking Garage (b) October 1, 2025 (c) $ 18,790 $ 3,532 (a) The aggregate cost at December 31, 2022 for federal income tax purposes was approximately $3,532. (b) This loan currently bears interest at 7% on any unpaid principal balance. (c) Payments will consist of annual interest and principal payments from October 1, 2021 to October 1, 2025. Changes in mortgage loans for the years ended December 31 are summarized below: 2022 2021 2020 Balance, beginning of period $ 4,978 $ 6,423 $ 7,868 Deductions: Collections of principal (1,446) (1,445) (1,445) Balance, end of period $ 3,532 $ 4,978 $ 6,423 |
Summary of Significant Accoun_2
Summary of Significant Accounting Policies and Recent Accounting Pronouncements (Policies) | 12 Months Ended |
Dec. 31, 2022 | |
Accounting Policies [Abstract] | |
Principles Of Consolidation | Principles of Consolidation . Our consolidated financial statements include our accounts and the accounts of other subsidiaries and joint ventures (including partnerships and limited liability companies) over which we have control. All intercompany transactions, balances, and profits have been eliminated in consolidation. Investments acquired or created are evaluated based on the accounting guidance relating to variable interest entities (“VIEs”), which requires the consolidation of VIEs in which we are considered to be the primary beneficiary. If the investment is determined not to be a VIE, then the investment is evaluated for consolidation primarily using a voting interest model. In determining if we have a controlling financial interest, we consider factors such as ownership interests, authority to make decisions, kick-out rights and participating rights. As of December 31, 2022, two of our consolidated operating partnerships are VIEs. We are considered the primary beneficiary of both consolidated operating partnerships and therefore consolidate these operating partnerships. As of December 31, 2022, we held approximately 93% and 95% of the outstanding common limited partnership units and the sole 1% general partnership interest in each of these consolidated operating partnerships. |
Acquisitions of Real Estate | Acquisitions of Real Estate . Upon the acquisition of real estate, we determine the fair value of tangible and intangible assets, which includes land, buildings (as-if-vacant), furniture and fixtures, the value of in-place leases, including above and below market leases, and acquired liabilities. In estimating these values, we apply methods similar to those used by independent appraisers of income-producing property. Estimates of fair value of acquired debt are based upon interest rates available for the issuance of debt with similar terms and remaining maturities. Depreciation is computed on a straight-line basis over the remaining useful lives of the related tangible assets. The value of in-place leases and above or below market leases is amortized over the estimated average remaining life of leases in place at the time of acquisition; the net carrying value of in-place leases are included in other assets, net and the net carrying value of above or below market leases are included in other liabilities, net in our consolidated balance sheets. During the years ended December 31, 2022, 2021, and 2020, we recognized amortization expense of approximately $50.3 million, $22.2 million, and $9.1 million, respectively, related to in-place leases. There was no remaining unamortized value of in-place leases at December 31, 2022. We recognized revenue related to net below-market leases of $8.6 million, $1.1 million and $0.1 million during the years ended December 31, 2022, 2021, and 2020, respectively. During the years ended December 31, 2022, 2021, and 2020, the weighted average amortization periods for in-place leases were approximately eight months, nine months, and six months, respectively. During the years ended December 31, 2022, 2021, and 2020, the weighted average amortization periods for net below-market leases were approximately seven months, ten months, and seven months, respectively. |
Asset Impairment | Asset Impairment . Long-lived assets are reviewed for impairment annually or whenever events or changes in circumstances indicate the carrying amount of an asset may not be recoverable. Impairment may exist if estimated future undiscounted cash flows associated with long-lived assets are not sufficient to recover the carrying value of such assets. We consider projected future undiscounted cash flows, trends, strategic decisions regarding future development plans, and other factors in our assessment of whether impairment indicators exist. While we believe our estimates of future cash flows are reasonable, different assumptions regarding a number of factors, including market rents, economic conditions, and occupancies, could significantly affect these estimates. When impairment exists, the long-lived asset is adjusted to its fair value. In estimating fair value, management uses appraisals, management estimates, and discounted cash flow calculations which utilize inputs from a marketplace participant’s perspective. In addition, we evaluate our equity investments in joint ventures, if any, and if we believe there is an other than temporary decline in market value of our investment below our carrying value, we will record an impairment charge. We did not record any impairment charges for the years ended December 31, 2022, 2021, or 2020. The value of our properties under development depends on market conditions including estimates of the project start date, projected construction costs, as well as estimates of demand for multifamily communities. We have reviewed market trends and other marketplace information and have incorporated this information as well as our current outlook into the assumptions we use in our impairment analyses. Due to the judgment and assumptions applied in the impairment analyses, it is possible actual results could differ substantially from those estimated. We believe the carrying value of our operating real estate assets, properties under development, and land is currently recoverable. However, if market conditions deteriorate or if changes in our development strategy significantly affect any key assumptions used in our fair value estimates, we may need to take material charges in future periods for impairments related to existing assets. Any such non-cash charges could have an adverse effect on our consolidated financial position and results of operations. |
Cash, Cash Equivalents, and Short-term Investments | Cash and Cash Equivalents . All cash and investments in money market accounts and other highly liquid securities with a maturity of three months or less at the date of purchase are considered to be cash and cash equivalents. We maintain the majority of our cash and cash equivalents at major financial institutions in the United States and deposits with these financial institutions may exceed the amount of insurance provided on such deposits; however, we regularly monitor the financial stability of these financial institutions and believe we are not currently exposed to any significant default risk with respect to these deposits. |
Cost Capitalization | Cost Capitalization . Real estate assets are carried at cost plus capitalized carrying charges. Carrying charges are primarily interest and real estate taxes which are capitalized as part of properties under development. Capitalized interest is generally based on the weighted average interest rate of our unsecured debt. Expenditures directly related to the development and improvement of real estate assets are capitalized at cost as land and buildings and improvements. Indirect development costs, including salaries and benefits and other related costs directly attributable to the development of properties, are also capitalized. We begin capitalizing development, construction, and carrying costs when the development of the future real estate asset is probable and activities necessary to prepare the underlying real estate for its intended use have been initiated. All construction and certain carrying costs are capitalized and reported in the balance sheet as properties under development until the apartment homes are substantially completed. As apartment homes within development properties are completed, the total capitalized development cost of each apartment home is transferred from properties under development including land to buildings and improvements. As discussed above, carrying charges are principally interest and real estate taxes capitalized as part of properties under development. Capitalized interest was approximately $18.1 million, $16.7 million, and $17.4 million for the years ended December 31, 2022, 2021, and 2020, respectively. Capitalized real estate taxes were approximately $4.2 million, $2.8 million, and $3.3 million for the years ended December 31, 2022, 2021, and 2020, respectively. Where possible, we stage our construction to allow leasing and occupancy during the construction period, which we believe minimizes the duration of the lease-up period following completion of construction. Our accounting policy related to properties in the development and leasing phase is to expense all operating costs associated with completed apartment homes. We capitalize renovation and improvement costs we believe extend the economic lives of depreciable property. Capital expenditures subsequent to initial construction are capitalized and depreciated over their estimated useful lives. Depreciation and amortization is computed over the expected useful lives of depreciable property on a straight-line basis with lives generally as follows: Estimated Buildings and improvements 5-35 years Furniture, fixtures, equipment and other 3-20 years Intangible assets/liabilities (in-place leases and below market leases) underlying lease term |
Derivative Financial Instruments | Derivative Financial Instruments. Derivative financial instruments are recorded in the consolidated balance sheets at fair value and presented on a gross basis for financial reporting purposes even when those instruments are subject to master netting arrangements and may otherwise qualify for net presentation. Accounting for changes in the fair value of derivatives depends on the intended use of the derivative, whether we have elected to designate a derivative in a hedging relationship and apply hedge accounting, and whether the hedging relationship has satisfied the criteria necessary to apply hedge accounting. Derivatives designated and qualifying as a hedge of the exposure to variability in expected future cash flows or other types of forecasted transactions are cash flow hedges. Hedge accounting generally provides for the matching of the timing of gain or loss recognition on the hedging instrument with the recognition of the changes attributable to the earnings effect of the hedged transactions. We may enter into derivative contracts which are intended to economically hedge certain of our risks, for which hedge accounting does not apply or we elect not to apply hedge accounting. |
Assets Held for Sale (Including Discontinued Operations) | Assets Held for Sale (Including Discontinued Operations) . Disposed of properties are classified as a discontinued operation when the disposal represents a strategic shift, such as disposal of a major line of business, a major geographical area or a major equity investment. The results of operations for properties sold during the period or classified as held for sale at the end of the period, and meeting the above criteria of discontinued operations, are classified as discontinued operations for all periods presented. Real estate assets held for sale are measured at the lower of carrying amount or fair value less costs to sell and are presented separately in the accompanying consolidated balance sheets. Subsequent to classification of a property as held for sale, no further depreciation is recorded. Consolidated operating properties sold or classified as held for sale, which do not meet the above criteria of discontinued operations are not included in discontinued operations and the related gains and losses are included in continuing operations. Gains on sale of real estate are recognized when the criteria for derecognition of an asset is met, including when a contract exists and the buyer obtained control of the nonfinancial asset sold, in accordance with accounting principles generally accepted in the United States of America ("GAAP"). |
Fair Value | Fair Value . For financial assets and liabilities recorded at fair value on a recurring or non-recurring basis, fair value is the price we would receive to sell an asset, or pay to transfer a liability, in an orderly transaction with a market participant at the measurement date. In the absence of such data, fair value is estimated using internal information consistent with what market participants would use in a hypothetical transaction. In determining fair value, observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect our market assumptions; preference is given to observable inputs. These two types of inputs create the following fair value hierarchy: • Level 1: Quoted prices for identical instruments in active markets. • Level 2: Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations whose inputs are observable or whose significant value drivers are observable. • Level 3: Significant inputs to the valuation model are unobservable. Recurring Fair Value Measurements. The following describes the valuation methodologies we use to measure different financial instruments at fair value on a recurring basis: Deferred Compensation Plan Investments. The estimated fair values of investment securities classified as deferred compensation plan investments are based on quoted market prices utilizing public information for the same transactions. Our deferred compensation plan investments are recorded in other assets in our consolidated balance sheets. The inputs associated with the valuation of our recurring deferred compensation plan investments are included in Level 1 of the fair value hierarchy. Non-recurring Fair Value Measurements. Certain assets are measured at fair value on a non-recurring basis. These assets are not measured at fair value on an ongoing basis, but are subject to fair value adjustments in certain circumstances. These assets primarily include long-lived assets which are recorded at fair value when they are acquired, including the remeasurement of previously held ownership interests, using fair value methodologies described above at "Acquisitions of Real Estate," or if the long-lived assets are impaired using the fair value methodologies used to measure long-lived assets described above at "Asset Impairment." The inputs associated with the valuation of long-lived assets are generally included in Level 3 of the fair value hierarchy, unless a quoted price for a similar long-lived asset in an active market exists, at which time they are included in Level 2 of the fair value hierarchy. |
Income Recognition | Income Recognition . The majority of our revenues are derived from real estate lease contracts which are accounted for pursuant to ASC 842, "Leases," and presented as property revenues, which include rental revenue and revenue from amounts received under contractual terms for other services provided to our customers. As a lessor, we made elections pursuant to ASC 842 to 1) not separate the lease and non-lease components by class of underlying assets and account for the combined components as a single component under certain conditions, and 2) exclude from lease revenues the sales taxes collected from lessees and certain lessor costs paid directly by the lessee. Our other revenue streams include fee and asset management income in accordance with other revenue guidance, ASC 606, Revenues from Contracts with Customers . A detail of our material revenue streams are discussed below: Property Revenue : We earn rental revenue from operating lease contracts for the use of dedicated spaces within owned assets, which is our only underlying asset class. We also earn revenues from amounts received under contractual terms for other services considered non-lease components within a lease contract, primarily consisting of utility rebillings and other transactional fees. These amounts received under contractual terms for other services are charged to our residents and recognized monthly as earned. Any identified uncollectible amounts related to individual lease contracts are presented as an adjustment to property revenue. Any renewal options of real estate lease contracts are considered a new, separate contract and will be recognized at the time the option is exercised on a straight-line basis over the renewal period. As of December 31, 2022, our average residential lease term was approximately fourteen months with all other commercial leases averaging longer lease terms. We anticipate property revenue from existing leases as follows: (in millions) Year ended December 31, Operating Leases 2023 $ 891.9 2024 53.3 2025 4.0 2026 3.7 2027 3.1 Thereafter 8.4 Total $ 964.4 Credit Risk. In management’s opinion, due to the number of residents, the types and diversity of submarkets in which our properties operate, and the collection terms, there is no significant concentration of credit risk. |
Insurance | Insurance . Our primary lines of insurance coverage are property, general liability, health, workers compensation, and cybersecurity. We believe our insurance coverage adequately insures our properties against the risk of loss attributable to fire, earthquake, hurricane, tornado, flood, and other perils and adequately insures us against other risks. Losses are accrued based upon our estimates of the aggregate liability for claims incurred using certain actuarial assumptions followed in the insurance industry and based on our experience. |
Other Assets, Net | Other Assets, Net . Other assets in our consolidated financial statements include investments under deferred compensation plans, deferred financing costs, non-real estate leasehold improvements and equipment, notes receivable, operating lease right-of-use assets, prepaid expenses, and other miscellaneous receivables. Investments under deferred compensation plans are classified as trading securities and are adjusted to fair market value at period end. For a further discussion of our investments under deferred compensation plans, see Note 11, “Share-based Compensation and Benefit Plans.” Deferred financing costs are related to our unsecured credit facility, and are amortized no longer than the terms of the related facility on the straight-line method, which approximates the effective interest method. Corporate leasehold improvements and equipment includes expenditures related to renovation and construction of office space we lease. These leasehold improvements are depreciated using the straight-line method over the shorter of the expected useful lives or the lease terms which generally range from three to ten years. |
Reportable Segments | Reportable Segments . We operate in a single reportable segment which includes the ownership, management, development, reposition, redevelopment, acquisition, and construction of multifamily apartment communities. Each of our operating properties is considered a separate operating segment as each property earns revenues and incurs expenses, individual operating results are reviewed and discrete financial information is available. We do not distinguish or group our consolidated operations based on geography, size or type. Our multifamily apartment communities have similar long-term economic characteristics and provide similar products and services to our residents. Further, all material operations are within the United States and no multifamily apartment community comprises more than 10% of consolidated revenues. As a result, our operating properties are aggregated into a single reportable segment. Our multifamily communities generate property revenue through the leasing of apartment homes, which comprised approximately 99% of our total property revenues and total non-property income, excluding income (loss) on deferred compensation plans, for each of the years ended December 31, 2022, 2021, and 2020. |
Restricted Cash | Restricted Cash . Restricted cash consists of escrow deposits held by lenders for property taxes, insurance and replacement reserves, cash required to be segregated for the repayment of residents’ security deposits, and escrowed amounts related to our development and acquisition activities. Substantially all restricted cash is invested in demand and short-term instruments. |
Share-based Compensation | Share-based Compensation . Compensation expense associated with share-based awards is recognized in our consolidated statements of income and comprehensive income using the grant-date fair values. Compensation cost for all share-based awards, including options, requires measurement at estimated fair value on the grant date and recognition of compensation expense over the requisite service period for awards expected to vest. The fair value of stock option grants is estimated using the Black-Scholes valuation model. Valuation models require the input of assumptions, including judgments to estimate the expected stock price volatility, expected life, and forfeiture rate. The compensation cost for share-based awards is based on the market value of the shares on the date of grant and is adjusted as actual forfeitures occur. |
Use of Estimates | Use of Estimates . In the application of GAAP, management is required to make estimates and assumptions which affect the reported amounts of assets and liabilities at the date of the financial statements, results of operations during the reporting periods, and related disclosures. Our more significant estimates include estimates supporting our impairment analysis related to the carrying values of our real estate assets. These estimates are based on historical experience and other assumptions believed to be reasonable under the circumstances. Future events rarely develop exactly as forecasted, and the best estimates routinely require adjustment. |
Summary of Significant Accoun_3
Summary of Significant Accounting Policies and Recent Accounting Pronouncements (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Accounting Policies [Abstract] | |
Expected Useful Lives Of Depreciable Property | Depreciation and amortization is computed over the expected useful lives of depreciable property on a straight-line basis with lives generally as follows: Estimated Buildings and improvements 5-35 years Furniture, fixtures, equipment and other 3-20 years Intangible assets/liabilities (in-place leases and below market leases) underlying lease term |
Per Share Data (Tables)
Per Share Data (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Earnings Per Share [Abstract] | |
Calculation Of Basic And Diluted Earnings Per Share | The following table presents information necessary to calculate basic and diluted earnings per share for the periods indicated: Year Ended December 31, (in thousands, except per share amounts) 2022 2021 2020 Earnings per common share calculation – basic Income from continuing operations attributable to common shareholders $ 653,613 $ 303,907 $ 123,911 Amount allocated to participating securities (990) (545) (261) Net income attributable to common shareholders – basic $ 652,623 $ 303,362 $ 123,650 Total earnings per common share – basic $ 6.07 $ 2.97 $ 1.24 Weighted average number of common shares outstanding – basic 107,605 101,999 99,385 Earnings per common share calculation – diluted Income from continuing operations attributable to common shareholders, net of amount allocated to participating securities $ 652,623 $ 303,362 $ 123,650 Income allocated to common units from continuing operations 1,452 1,190 — Net income attributable to common shareholders – diluted $ 654,075 $ 304,552 $ 123,650 Total earnings per common share – diluted $ 6.04 $ 2.96 $ 1.24 Weighted average number of common shares outstanding – basic 107,605 101,999 99,385 Incremental shares issuable from assumed conversion of: Share awards granted 50 87 53 Common units 733 743 — Weighted average number of common shares outstanding – diluted 108,388 102,829 99,438 |
Income Taxes Income Taxes (Tabl
Income Taxes Income Taxes (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Income Tax Disclosure [Abstract] | |
Summary Of Tax Components Of Common And Preferred Dividends Declared And Distributions [Table Text Block] | A summary of the income tax characterization of our distributions paid per common share for the years ended December 31, 2022, 2021 and 2020 is set forth in the following table: Year Ended December 31, 2022 2021 2020 Common Share Distributions (1) Ordinary income $ — $ 2.06 $ 3.22 Long-term capital gain 0.48 1.14 0.04 Return of capital 2.26 — 0.06 Unrecaptured Sec. 1250 gain 0.08 0.12 — Total $ 2.82 $ 3.32 $ 3.32 |
Investments In Joint Ventures (
Investments In Joint Ventures (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Equity Method Investments and Joint Ventures [Abstract] | |
Aggregate Balance Sheet And Statement Of Income Data For Unconsolidated Joint Ventures | The following table summarizes the combined balance sheets and statements of income data for the Funds as of and for the periods presented: (in millions) 2022 2021 Total assets $ — $ 679.1 Total third-party debt — 513.8 Total equity — 131.9 2022 (1) 2021 2020 Total revenues $ 37.2 $ 139.0 $ 128.5 Net income 7.1 21.3 15.8 Equity in income (2) 3.0 9.8 8.1 (1) Results for 2022 related to activity during the first quarter. We consolidated the operations of the Funds as of April 1, 2022. (2) Equity in income excluded our ownership interest of fee income from various services provided by us to the Funds. |
Notes Payable (Tables)
Notes Payable (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Notes Payable [Abstract] | |
Summary Of Indebtedness | The following is a summary of our indebtedness: December 31, (in millions) 2022 2021 Commercial banks 5.31% Term loan, due 2024 $ 39.8 $ 39.9 5.20% Term loan, due 2024 300.0 — 5.13% Unsecured revolving credit facility 42.0 — $ 381.8 $ 39.9 Senior unsecured notes 3.15% Notes, due 2022 $ — $ 349.3 5.07% Notes, due 2023 249.8 249.3 4.36% Notes, due 2024 249.7 249.5 3.68% Notes, due 2024 249.2 248.8 3.74% Notes, due 2028 398.3 397.8 3.67% Notes, due 2029 (1) 595.5 594.9 2.91% Notes, due 2030 744.8 744.1 3.41% Notes, due 2049 296.8 296.8 $ 2,784.1 $ 3,130.5 Total unsecured notes payable $ 3,165.9 $ 3,170.4 Secured notes Master Credit Facilities 3.78% - 4.04% Conventional Mortgage Notes, due 2026 - 2028 $ 291.2 $ — 6.16% Variable Rate Notes, due 2026 166.2 — 6.49% Variable Rate Construction Note, due 2024 18.9 — 3.87% note, due 2028 38.7 — Total secured notes payable $ 515.0 $ — Total notes payable (2) $ 3,680.9 $ 3,170.4 Value of real estate assets, at cost, subject to secured notes $ 2,080.9 $ — (1) The 2029 Notes have an effective annual interest rate of approximately 3.84% through June 2026, which includes the effect of a settled forward interest rate swap, and approximately 3.28% thereafter, for an all-in average effective rate of approximately 3.67%. (2) Unamortized debt discounts, debt issuance costs, and fair market value adjustments of $18.0 million and $19.6 million are included in senior unsecured notes payable as of December 31, 2022 and 2021, respectively. |
Scheduled Repayments On Outstanding Debt | The table below is a summary of the maturity dates of our outstanding debt and principal amortizations, and the weighted average interest rates on such debt, at December 31, 2022: (in millions) (1) Amount (2) Weighted Average Interest Rate (3) 2023 $ 246.6 5.1 2024 556.5 4.2 2025 297.8 5.2 2026 188.9 5.9 2027 214.9 4.1 Thereafter 2,176.2 3.4 Total $3,680.9 4.0 % (1) Includes all available extension options. (2) Includes amortization of debt discounts, debt issuance costs, and fair market value adjustments. (3) Includes the effects of the applicable settled forward interest rate swaps. |
Share-Based Compensation and _2
Share-Based Compensation and Benefit Plans (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Share-Based Payment Arrangement, Noncash Expense [Abstract] | |
Summary Of Share Incentive Plans | A summary of activity under our share incentive plans for the year ended December 31, 2022 is shown below: Nonvested Weighted Nonvested share awards outstanding at December 31, 2021 184,128 $ 107.57 Granted 136,948 161.91 Exercised/Vested (151,361) 128.45 Forfeited (5,068) 129.96 Total nonvested share awards outstanding at December 31, 2022 164,647 $ 132.99 |
Schedule of Share-based Compensation, Employee Stock Purchase Plan, Activity [Table Text Block] | The following table presents information related to our ESPP: 2022 2021 2020 Shares purchased 15,353 29,857 22,496 Weighted average fair value of shares purchased $ 119.15 $ 141.64 $ 95.97 Expense recorded (in millions) $ 0.2 $ 1.2 $ 0.3 |
Temporary Equity [Table Text Block] |
Fair Value Measurements (Tables
Fair Value Measurements (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Fair Value Disclosures [Abstract] | |
Financial Assets And Liabilities Measured At Fair Value | The following table presents information about our financial instruments measured at fair value on a recurring basis as of December 31, 2022 and 2021 using the inputs and fair value hierarchy discussed in Note 2, “Summary of Significant Accounting Policies and Recent Accounting Pronouncements”: Financial Instruments Measured at Fair Value on a Recurring Basis December 31, 2022 December 31, 2021 (in millions) Quoted Significant Significant Total Quoted Significant Significant Total Other Assets Deferred compensation plan investments (1) $ 120.7 $ — $ — $ 120.7 $ 137.3 $ — $ — $ 137.3 (1) Approximately $3.6 million and $10.6 million of participant cash was withdrawn from our deferred compensation plan investments during the years ended December 31, 2022 and 2021, respectively. |
Fair Value Of Notes Payable | The following table presents the carrying and estimated fair values of our notes payable at December 31, 2022 and 2021, in accordance with the policies discussed in Note 2, "Summary of Significant Accounting Policies and Recent Accounting Pronouncements." December 31, 2022 December 31, 2021 (in millions) Carrying Estimated Carrying Estimated Fixed rate notes payable $ 3,114.0 $ 2,806.1 $ 3,130.5 $ 3,363.7 Floating rate notes payable (1) 566.9 566.8 39.9 40.1 (1) Includes balances outstanding under our unsecured credit facility at December 31, 2022. |
Net Change In Operating Accou_2
Net Change In Operating Accounts (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Increase (Decrease) in Operating Capital [Abstract] | |
Effect Of Changes In The Operating Accounts On Cash Flows From Operating Activities | The effect of changes in the operating accounts and other on cash flows from operating activities is as follows: Year Ended December 31, (in thousands) 2022 2021 2020 Change in assets: Other assets, net $ (13,950) $ (12,068) $ (5,235) Change in liabilities: Accounts payable and accrued expenses (2,990) 14,786 (62) Accrued real estate taxes 22,901 (809) 11,745 Other liabilities (6,207) (2,133) 997 Other 4,159 3,742 2,060 Change in operating accounts and other $ 3,913 $ 3,518 $ 9,505 |
Commitments And Contingencies L
Commitments And Contingencies Leases (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Leases [Abstract] | |
Lessee, Operating Leases | The following is a summary of our operating lease related information: ($ in millions) As of December 31, Balance sheet Classification 2022 2021 Right-of-use assets, net Other assets, net $ 6.0 $ 6.9 Operating lease liabilities Other liabilities $ 8.4 $ 10.0 ($ in millions) Year ended Statement of income and comprehensive income Classification 2022 2021 Rent expense related to operating lease liabilities General and administrative expenses and property management expenses $ 2.7 $ 2.9 Variable lease expense General and administrative expenses and property management expenses 1.3 1.3 Total lease expense $ 4.0 $ 4.2 ($ in millions) Year ended Statement of cash flows Classification 2022 2021 Cash flows from operating leases Net cash from operating activities $ 2.5 $ 2.7 Supplemental lease information Weighted average remaining lease term (years) 2.9 3.6 Weighted average discount rate - operating leases (1) 4.6 % 4.8 % (1) We use a secured incremental borrowing rate, as defined by ASC 842 based on an estimated secured rate with applicable adjustments, as most of our lease contracts do not provide a readily determinable implicit rate. |
Lessee, Operating Lease, Liability, Maturity [Table Text Block] | The following is a summary of our maturities of our lease liabilities as of December 31, 2022: (in millions) Year ended December 31, Operating Leases 2023 $ 3.3 2024 3.1 2025 2.3 2026 0.4 2027 0.1 Thereafter — Less: discount for time value (0.8) Lease liability as of December 31, 2022 $ 8.4 |
Schedule III - Real Estate an_2
Schedule III - Real Estate and Accumulated Depreciation (Summary) (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract] | |
Schedule III - Real Estate and Accumulated Depreciation [Text Block] | Camden Property Trust Schedule III Initial Cost Total Cost Land Building/ Cost Land Building/ Total Accumulated Total Cost, Encumbrances Year of Current communities: ARIZONA Phoenix/Scottsdale Camden Chandler $ 5,511 $ 62,429 $ 1,577 $ 5,511 $ 64,006 $ 69,517 $ 18,661 $ 50,856 $ — 2016 Camden Copper Square 4,825 23,672 15,235 4,825 38,907 43,732 24,874 18,858 — 2000 Camden Foothills 11,006 33,712 1,298 11,006 35,010 46,016 11,081 34,935 — 2014 Camden Legacy 4,068 26,612 27,181 4,068 53,793 57,861 37,481 20,380 — 1998 Camden Montierra 13,687 31,727 7,845 13,687 39,572 53,259 15,128 38,131 — 2012 Camden North End I 16,108 82,620 577 16,108 83,197 99,305 24,326 74,979 — 2019 Camden North End II 10,100 70,097 16 10,100 70,113 80,213 10,648 69,565 — 2021 Camden Old Town Scottsdale 23,227 71,784 3,735 23,227 75,519 98,746 20,159 78,587 — 2019 Camden Pecos Ranch 3,362 24,492 9,927 3,362 34,419 37,781 14,592 23,189 — 2012 Camden San Marcos 11,520 35,166 8,888 11,520 44,054 55,574 17,075 38,499 — 2012 Camden San Paloma 6,480 23,045 17,420 6,480 40,465 46,945 24,265 22,680 — 2002 Camden Sotelo 3,376 30,576 2,679 3,376 33,255 36,631 10,932 25,699 — 2013 Camden Tempe 9,248 35,254 1,151 9,248 36,405 45,653 11,181 34,472 — 2015 CALIFORNIA Los Angeles/Orange County Camden Crown Valley 9,381 54,210 17,155 9,381 71,365 80,746 45,495 35,251 — 2001 Camden Glendale 21,492 96,158 3,342 21,492 99,500 120,992 28,151 92,841 — 2015 Camden Harbor View 16,079 127,459 42,423 16,079 169,882 185,961 94,945 91,016 — 2003 Camden Main and Jamboree 17,363 75,387 11,295 17,363 86,682 104,045 30,906 73,139 — 2008 Camden Martinique 28,401 51,861 33,986 28,401 85,847 114,248 60,301 53,947 — 1998 Camden Sea Palms 4,336 9,930 10,317 4,336 20,247 24,583 13,856 10,727 — 1998 The Camden 18,286 118,730 1,420 18,286 120,150 138,436 31,763 106,673 — 2016 San Diego/Inland Empire Camden Hillcrest 20,409 72,487 2 20,409 72,489 92,898 7,097 85,801 — 2021 Camden Landmark 17,339 71,315 9,573 17,339 80,888 98,227 27,714 70,513 — 2012 Camden Old Creek 20,360 71,777 10,343 20,360 82,120 102,480 41,584 60,896 — 2007 Camden Sierra at Otay Ranch 10,585 49,781 16,407 10,585 66,188 76,773 38,811 37,962 — 2003 Camden Tuscany 3,330 36,466 11,044 3,330 47,510 50,840 27,209 23,631 — 2003 Camden Vineyards 4,367 28,494 9,745 4,367 38,239 42,606 22,193 20,413 — 2002 COLORADO Denver Camden Belleview Station 8,091 44,003 12,054 8,091 56,057 64,148 19,693 44,455 — 2012 Camden Caley $ 2,047 $ 17,445 $ 13,374 $ 2,047 $ 30,819 $ 32,866 $ 20,697 $ 12,169 $ — 2000 Camden Denver West 6,396 51,552 14,943 6,396 66,495 72,891 25,369 47,522 — 2012 Camden Flatirons 6,849 72,631 1,972 6,849 74,603 81,452 23,808 57,644 — 2015 Camden Highlands Ridge 2,612 34,726 25,936 2,612 60,662 63,274 40,231 23,043 — 1996 Camden Interlocken 5,293 31,612 23,189 5,293 54,801 60,094 37,291 22,803 — 1999 Camden Lakeway 3,915 34,129 32,354 3,915 66,483 70,398 45,183 25,215 — 1997 Camden Lincoln Station 4,648 51,762 815 4,648 52,577 57,225 14,603 42,622 — 2017 Camden RiNo 15,989 63,147 152 15,989 63,299 79,288 11,814 67,474 — 2020 WASHINGTON DC METRO Camden Ashburn Farm 4,835 22,604 7,129 4,835 29,733 34,568 16,647 17,921 — 2005 Camden College Park 16,409 91,503 10,683 16,409 102,186 118,595 38,924 79,671 — 2008 Camden Dulles Station 10,807 61,548 14,858 10,807 76,406 87,213 34,497 52,716 — 2008 Camden Fair Lakes 15,515 104,223 18,634 15,515 122,857 138,372 65,764 72,608 — 2005 Camden Fairfax Corner 8,484 72,953 14,096 8,484 87,049 95,533 45,558 49,975 — 2006 Camden Fallsgrove 9,408 43,647 8,332 9,408 51,979 61,387 28,436 32,951 — 2005 Camden Grand Parc 7,688 35,900 6,411 7,688 42,311 49,999 22,010 27,989 — 2005 Camden Lansdowne 15,502 102,267 30,138 15,502 132,405 147,907 73,035 74,872 — 2005 Camden Monument Place 9,030 54,089 12,142 9,030 66,231 75,261 31,411 43,850 — 2007 Camden NoMa 19,442 82,306 1,691 19,442 83,997 103,439 28,122 75,317 — 2014 Camden NoMa II 17,331 91,211 461 17,331 91,672 109,003 36,594 72,409 — 2017 Camden Potomac Yard 16,498 88,317 16,146 16,498 104,463 120,961 48,331 72,630 — 2008 Camden Roosevelt 11,470 45,785 7,845 11,470 53,630 65,100 28,164 36,936 — 2005 Camden Shady Grove 24,177 89,820 1,114 24,177 90,934 115,111 31,554 83,557 — 2018 Camden Silo Creek 9,707 45,301 10,634 9,707 55,935 65,642 29,907 35,735 — 2005 Camden South Capitol 24,829 117,638 230 24,829 117,868 142,697 5,690 137,007 51,757 2022 Camden Washingtonian 13,512 75,134 389 13,512 75,523 89,035 21,156 67,879 — 2018 FLORIDA Southeast Florida Camden Atlantic 9,000 91,225 — 9,000 91,225 100,225 1,808 98,417 — 2022 Camden Aventura 12,185 47,616 17,136 12,185 64,752 76,937 37,495 39,442 — 2005 Camden Boca Raton 2,201 50,057 1,762 2,201 51,819 54,020 16,028 37,992 — 2014 Camden Brickell 14,621 57,031 41,643 14,621 98,674 113,295 53,038 60,257 — 2005 Camden Doral 10,260 40,416 9,124 10,260 49,540 59,800 27,862 31,938 — 2005 Camden Doral Villas 6,476 25,543 9,258 6,476 34,801 41,277 20,382 20,895 — 2005 Camden Las Olas 12,395 79,518 35,066 12,395 114,584 126,979 61,891 65,088 — 2005 Camden Plantation 6,299 77,964 21,608 6,299 99,572 105,871 52,039 53,832 — 2005 Camden Portofino 9,867 38,702 13,287 9,867 51,989 61,856 28,702 33,154 — 2005 Orlando Camden Hunter's Creek $ 4,156 $ 20,925 $ 8,195 $ 4,156 $ 29,120 $ 33,276 $ 16,915 $ 16,361 $ — 2005 Camden Lago Vista 3,497 29,623 7,428 3,497 37,051 40,548 21,617 18,931 — 2005 Camden Lake Eola 11,374 113,699 199 11,374 113,898 125,272 13,490 111,782 — 2021 Camden LaVina 12,907 42,617 6,876 12,907 49,493 62,400 18,210 44,190 — 2012 Camden Lee Vista 4,350 34,643 20,723 4,350 55,366 59,716 34,496 25,220 — 2000 Camden North Quarter 9,990 68,471 2,010 9,990 70,481 80,471 20,756 59,715 — 2018 Camden Orange Court 5,319 40,733 5,827 5,319 46,560 51,879 21,968 29,911 — 2008 Camden Thornton Park 11,711 74,628 4,963 11,711 79,591 91,302 20,559 70,743 — 2018 Camden Town Square 13,127 45,997 2,287 13,127 48,284 61,411 17,480 43,931 — 2012 Camden Waterford Lakes 19,504 65,647 534 19,504 66,181 85,685 4,061 81,624 29,418 2022 Camden World Gateway 5,785 51,821 10,996 5,785 62,817 68,602 34,191 34,411 — 2005 Tampa/St. Petersburg Camden Bay 7,450 63,283 39,410 7,450 102,693 110,143 63,807 46,336 — 1998/2002 Camden Central 21,780 149,251 1,986 21,780 151,237 173,017 14,903 158,114 — 2021 Camden Montague 3,576 16,534 1,332 3,576 17,866 21,442 7,158 14,284 — 2012 Camden Pier District 21,092 105,383 3,844 21,092 109,227 130,319 32,006 98,313 — 2018 Camden Preserve 1,206 17,982 15,239 1,206 33,221 34,427 24,874 9,553 — 1997 Camden Royal Palms 2,147 38,339 6,014 2,147 44,353 46,500 21,785 24,715 — 2007 Camden Visconti 27,031 114,061 2,202 27,031 116,263 143,294 6,457 136,837 38,298 2022 Camden Westchase Park 11,955 36,254 2,488 11,955 38,742 50,697 14,128 36,569 — 2012 GEORGIA Atlanta Camden Brookwood 7,174 31,984 18,790 7,174 50,774 57,948 28,182 29,766 — 2005 Camden Buckhead 7,761 156,423 27 7,761 156,450 164,211 16,203 148,008 — 2022 Camden Buckhead Square 13,200 43,785 2,243 13,200 46,028 59,228 11,156 48,072 — 2017 Camden Creekstone 5,017 19,912 6,812 5,017 26,724 31,741 10,949 20,792 — 2012 Camden Deerfield 4,895 21,922 15,763 4,895 37,685 42,580 21,123 21,457 — 2005 Camden Dunwoody 5,290 23,642 11,874 5,290 35,516 40,806 21,238 19,568 — 2005 Camden Fourth Ward 10,477 51,258 2,692 10,477 53,950 64,427 17,675 46,752 — 2014 Camden Midtown Atlanta 6,196 33,828 13,940 6,196 47,768 53,964 27,737 26,227 — 2005 Camden Paces 15,262 102,521 2,558 15,262 105,079 120,341 33,550 86,791 — 2015 Camden Peachtree City 6,536 29,063 10,138 6,536 39,201 45,737 22,713 23,024 — 2005 Camden Phipps 26,840 71,006 2,003 26,840 73,009 99,849 3,676 96,173 19,297 2022 Camden Shiloh 4,181 18,798 7,161 4,181 25,959 30,140 15,802 14,338 — 2005 Camden St. Clair 7,526 27,486 10,703 7,526 38,189 45,715 22,486 23,229 — 2005 Camden Stockbridge 5,071 22,693 6,465 5,071 29,158 34,229 16,842 17,387 — 2005 Camden Vantage 11,787 68,822 20,055 11,787 88,877 100,664 29,260 71,404 — 2013 NORTH CAROLINA Charlotte Camden Ballantyne $ 4,503 $ 30,250 $ 12,234 $ 4,503 $ 42,484 $ 46,987 $ 24,777 $ 22,210 $ — 2005 Camden Cotton Mills 4,246 19,147 8,810 4,246 27,957 32,203 16,928 15,275 — 2005 CoWork by Camden 814 3,422 25 814 3,447 4,261 913 3,348 — 2019 Camden Dilworth 516 16,633 6,572 516 23,205 23,721 11,951 11,770 — 2006 Camden Fairview 1,283 7,223 6,381 1,283 13,604 14,887 8,268 6,619 — 2005 Camden Foxcroft 1,408 7,919 6,810 1,408 14,729 16,137 8,748 7,389 — 2005 Camden Foxcroft II 1,152 6,499 4,705 1,152 11,204 12,356 6,701 5,655 — 2005 Camden Gallery 7,930 51,957 1,452 7,930 53,409 61,339 15,029 46,310 — 2017 Camden Grandview 7,570 33,859 17,019 7,570 50,878 58,448 29,130 29,318 — 2005 Camden Grandview II 4,656 17,852 173 4,656 18,025 22,681 4,115 18,566 — 2019 Camden Sedgebrook 5,266 29,211 14,484 5,266 43,695 48,961 23,551 25,410 — 2005 Camden South End 6,625 29,175 18,972 6,625 48,147 54,772 27,454 27,318 — 2005 Camden Southline 29,754 74,533 157 29,754 74,690 104,444 3,787 100,657 32,314 2022 Camden Stonecrest 3,941 22,021 8,737 3,941 30,758 34,699 18,373 16,326 — 2005 Camden Touchstone 1,203 6,772 4,767 1,203 11,539 12,742 7,107 5,635 — 2005 Raleigh Camden Asbury Village 17,510 79,585 629 17,510 80,214 97,724 4,407 93,317 29,317 2022 Camden Carolinian 14,765 56,674 1,350 14,765 58,024 72,789 10,279 62,510 — 2019 Camden Crest 4,412 31,108 16,266 4,412 47,374 51,786 23,100 28,686 — 2005 Camden Governor's Village 3,669 20,508 9,182 3,669 29,690 33,359 16,835 16,524 — 2005 Camden Lake Pine 5,746 31,714 17,316 5,746 49,030 54,776 29,109 25,667 — 2005 Camden Manor Park 2,535 47,159 13,745 2,535 60,904 63,439 32,359 31,080 — 2006 Camden Overlook 4,591 25,563 12,366 4,591 37,929 42,520 23,218 19,302 — 2005 Camden Reunion Park 2,931 18,457 13,460 2,931 31,917 34,848 19,344 15,504 — 2005 Camden Westwood 4,567 25,519 13,205 4,567 38,724 43,291 21,296 21,995 — 2005 TENNESSEE Nashville Camden Franklin Park 13,785 88,573 2,286 13,785 90,859 104,644 10,602 94,042 — 2021 Camden Music Row 21,802 152,340 1,531 21,802 153,871 175,673 16,545 159,128 — 2021 TEXAS Austin Camden Amber Oaks 9,987 68,719 360 9,987 69,079 79,066 4,370 74,696 22,297 2022 Camden Amber Oaks II 7,973 50,052 220 7,973 50,272 58,245 3,181 55,064 17,797 2022 Camden Brushy Creek 9,618 54,076 335 9,618 54,411 64,029 3,000 61,029 12,066 2022 Camden Cedar Hills 2,684 20,931 5,726 2,684 26,657 29,341 12,906 16,435 — 2008 Camden Gaines Ranch 5,094 37,100 12,744 5,094 49,844 54,938 28,862 26,076 — 2005 Camden Huntingdon $ 2,289 $ 17,393 $ 16,852 $ 2,289 $ 34,245 $ 36,534 $ 24,559 $ 11,975 $ — 1995 Camden La Frontera 3,250 32,376 1,582 3,250 33,958 37,208 11,415 25,793 — 2015 Camden Lamar Heights 3,988 42,773 1,502 3,988 44,275 48,263 14,671 33,592 — 2015 Camden Rainey Street 30,044 85,477 2,420 30,044 87,897 117,941 19,118 98,823 — 2019 Camden Shadow Brook 18,039 101,572 507 18,039 102,079 120,118 5,633 114,485 23,396 2022 Camden Stoneleigh 3,498 31,285 11,367 3,498 42,652 46,150 23,764 22,386 — 2006 Dallas/Fort Worth Camden Addison 11,516 29,332 10,459 11,516 39,791 51,307 18,811 32,496 — 2012 Camden Belmont 12,521 61,522 8,459 12,521 69,981 82,502 25,971 56,531 — 2012 Camden Buckingham 2,704 21,251 13,570 2,704 34,821 37,525 26,061 11,464 — 1997 Camden Centreport 1,613 12,644 8,495 1,613 21,139 22,752 15,715 7,037 — 1997 Camden Cimarron 2,231 14,092 9,619 2,231 23,711 25,942 20,090 5,852 — 1997 Camden Design District 30,004 90,678 477 30,004 91,155 121,159 4,656 116,503 27,065 2022 Camden Farmers Market 17,341 74,193 36,860 17,341 111,053 128,394 70,360 58,034 — 2001/2005 Camden Greenville 42,645 116,923 2,610 42,645 119,533 162,178 7,420 154,758 — 2021 Camden Henderson 3,842 15,256 1,373 3,842 16,629 20,471 6,362 14,109 — 2012 Camden Legacy Creek 2,052 12,896 8,797 2,052 21,693 23,745 17,011 6,734 — 1997 Camden Legacy Park 2,560 15,449 13,321 2,560 28,770 31,330 20,182 11,148 — 1997 Camden Panther Creek 8,850 62,860 322 8,850 63,182 72,032 3,478 68,554 14,325 2022 Camden Riverwalk 24,961 133,698 750 24,961 134,448 159,409 7,424 151,985 39,140 2022 Camden Valley Park 3,096 14,667 18,842 3,096 33,509 36,605 30,535 6,070 — 1994 Camden Victory Park 13,445 71,735 1,827 13,445 73,562 87,007 21,285 65,722 — 2016 Houston Camden City Centre 4,976 44,735 15,010 4,976 59,745 64,721 28,869 35,852 — 2007 Camden City Centre II 5,101 28,131 1,148 5,101 29,279 34,380 10,784 23,596 — 2013 Camden Cypress Creek 8,282 69,368 282 8,282 69,650 77,932 3,840 74,092 12,301 2022 Camden Cypress Creek II 5,940 50,102 50 5,940 50,152 56,092 2,765 53,327 18,851 2022 Camden Downs at Cinco Ranch 8,285 77,053 678 8,285 77,731 86,016 4,288 81,728 19,969 2022 Camden Downtown 7,813 123,819 436 7,813 124,255 132,068 26,602 105,466 — 2020 Camden Grand Harbor 7,841 64,834 316 7,841 65,150 72,991 3,594 69,397 11,583 2022 Camden Greenway 16,916 43,933 25,797 16,916 69,730 86,646 51,227 35,419 — 1999 Camden Heights 34,079 88,824 753 34,079 89,577 123,656 4,585 119,071 31,747 2022 Camden Highland Village 28,536 111,802 7,031 28,536 118,833 147,369 23,764 123,605 — 2019 Camden Holly Springs 11,108 42,852 15,470 11,108 58,322 69,430 26,364 43,066 — 2012 Camden McGowen Station 6,089 85,038 1,751 6,089 86,789 92,878 25,794 67,084 — 2018 Camden Midtown 4,583 18,026 13,398 4,583 31,424 36,007 23,761 12,246 — 1999 Camden Northpointe 5,593 81,289 380 5,593 81,669 87,262 4,512 82,750 15,439 2022 Camden Plaza 7,204 31,044 10,072 7,204 41,116 48,320 15,931 32,389 — 2007 Camden Post Oak $ 14,056 $ 92,515 $ 22,791 $ 14,056 $ 115,306 $ 129,362 $ 42,997 $ 86,365 $ — 2013 Camden Royal Oaks 1,055 20,046 5,464 1,055 25,510 26,565 13,639 12,926 — 2006 Camden Royal Oaks II 587 12,743 39 587 12,782 13,369 4,793 8,576 — 2012 Camden Spring Creek 12,317 73,942 670 12,317 74,612 86,929 4,115 82,814 20,668 2022 Camden Stonebridge 1,016 7,137 8,225 1,016 15,362 16,378 12,383 3,995 — 1993 Camden Sugar Grove 7,614 27,594 6,848 7,614 34,442 42,056 14,133 27,923 — 2012 Camden Travis Street 1,780 29,104 2,863 1,780 31,967 33,747 14,318 19,429 — 2010 Camden Vanderbilt 16,076 44,918 33,449 16,076 78,367 94,443 59,135 35,308 — 1994/1997 Camden Whispering Oaks 1,188 26,242 3,576 1,188 29,818 31,006 14,309 16,697 — 2008 Camden Woodson Park 3,995 62,430 297 3,995 62,727 66,722 3,433 63,289 11,767 2022 Camden Yorktown 6,673 68,568 316 6,673 68,884 75,557 3,801 71,756 16,177 2022 Total current communities: $ 1,704,932 $ 9,050,312 $ 1,562,104 $ 1,704,932 $ 10,612,416 $ 12,317,348 $ 3,846,117 $ 8,471,231 $ 514,989 Communities under construction: Name / location Camden Tempe II (1) $ — $ 101,302 $ — $ — $ 101,302 $ 101,302 $ 1,979 $ 99,323 $ — N/A Camden NoDa — 95,587 — — 95,587 95,587 15 95,572 — N/A Camden Durham — 82,583 — — 82,583 82,583 — 82,583 — N/A Camden Village District — 41,044 — — 41,044 41,044 — 41,044 — N/A Camden Woodmill Creek — 19,189 — — 19,189 19,189 — 19,189 — N/A Camden Long Meadow Farms — 14,586 — — 14,586 14,586 — 14,586 — N/A Total communities under construction: $ — $ 354,291 $ — $ — $ 354,291 $ 354,291 $ 1,994 $ 352,297 $ — Development pipeline communities: Name/location Camden Blakeney $ — $ 21,710 $ — $ — $ 21,710 $ 21,710 $ — $ 21,710 $ — N/A Camden South Charlotte — 24,829 — — 24,829 24,829 — 24,829 — N/A Camden Nations — 33,269 — — 33,269 33,269 — 33,269 — N/A Camden Baker — 29,510 — — 29,510 29,510 — 29,510 — N/A Camden Highland Village II $ — $ 9,731 $ — $ — $ 9,731 $ 9,731 $ — $ 9,731 $ — N/A Camden Gulch — 43,732 — — 43,732 43,732 — 43,732 — N/A Camden Paces III — 20,627 — — 20,627 20,627 — 20,627 — N/A Camden Arts District — 41,094 — — 41,094 41,094 — 41,094 — N/A Camden Downtown II — 13,458 — — 13,458 13,458 — 13,458 — N/A Total development pipeline communities: $ — $ 237,960 $ — $ — $ 237,960 $ 237,960 $ — $ 237,960 $ — Corporate — 6,274 — — 6,274 6,274 — 6,274 — N/A $ — $ 6,274 $ — $ — $ 6,274 $ 6,274 $ — $ 6,274 $ — TOTAL $ 1,704,932 $ 9,648,837 $ 1,562,104 $ 1,704,932 $ 11,210,941 $ 12,915,873 $ 3,848,111 $ 9,067,762 $ 514,989 (1) Property is in lease-up at December 31, 2022. Balances presented here include costs which are included in buildings and improvements and land on the consolidated balance sheet at December 31, 2022. These costs related to completed unit turns for this property. Camden Property Trust Schedule III The changes in total real estate assets for the years ended December 31: 2022 2021 2020 Balance, beginning of period $ 10,449,067 $ 9,553,177 $ 9,115,793 Additions during period: Acquisition of operating properties 2,068,440 607,099 — Development and repositions 352,174 346,173 349,890 Improvements 105,321 87,297 87,865 Deductions during period: Cost of real estate sold – other (59,129) (144,679) (371) Balance, end of period $ 12,915,873 $ 10,449,067 $ 9,553,177 The changes in accumulated depreciation for the years ended December 31: 2022 2021 2020 Balance, beginning of period $ 3,358,027 $ 3,034,186 $ 2,686,025 Depreciation of real estate assets 515,413 387,432 348,161 Dispositions (25,329) (63,591) — Balance, end of period $ 3,848,111 $ 3,358,027 $ 3,034,186 The aggregate cost for federal income tax purposes at December 31, 2022 was $10.8 billion. |
Schedule IV - Mortgage Loans _2
Schedule IV - Mortgage Loans on Real Estate (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Abstract] | |
Mortgage Loans on Real Estate Table [Table Text Block] | Camden Property Trust Schedule IV ($ in thousands) Description Interest Rate Final Maturity Date Periodic payment terms Face amount of Carrying amount of Parking Garage (b) October 1, 2025 (c) $ 18,790 $ 3,532 (a) The aggregate cost at December 31, 2022 for federal income tax purposes was approximately $3,532. (b) This loan currently bears interest at 7% on any unpaid principal balance. (c) Payments will consist of annual interest and principal payments from October 1, 2021 to October 1, 2025. |
Changes in Mortgage Loans [Table Text Block] | Changes in mortgage loans for the years ended December 31 are summarized below: 2022 2021 2020 Balance, beginning of period $ 4,978 $ 6,423 $ 7,868 Deductions: Collections of principal (1,446) (1,445) (1,445) Balance, end of period $ 3,532 $ 4,978 $ 6,423 |
Description Of Business (Detail
Description Of Business (Details) | Dec. 31, 2022 |
Description of Business [Abstract] | |
Number of multifamily communities comprising of apartment homes | 178 |
Total number of apartment homes in multifamily communities | 60,652 |
Number of multifamily properties under development | 6 |
Total number of apartment homes in multifamily properties upon completion of development | 1,950 |
Summary of Significant Accoun_4
Summary of Significant Accounting Policies and Recent Accounting Pronouncements (Narrative) (Details) - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
New Accounting Pronouncements or Change in Accounting Principle [Line Items] | |||
Amortization of in-place leases | $ 50.3 | $ 22.2 | $ 9.1 |
Amortization of Below Market Lease | 8.6 | 1.1 | 0.1 |
Capitalized interest | 18.1 | 16.7 | 17.4 |
Capitalized real estate taxes | $ 4.2 | $ 2.8 | $ 3.3 |
Percentage Of Rental Revenue And Other Income From Leasing Of Apartment Homes | 99% | 99% | 99% |
Camden Operating L P [Member] | |||
New Accounting Pronouncements or Change in Accounting Principle [Line Items] | |||
Limited Liability Company or Limited Partnership, Members or Limited Partners, Ownership Interest | 93% | ||
Limited Liability Company (LLC) or Limited Partnership (LP), Managing Member or General Partner, Ownership Interest | 1% | ||
Camden Summit Partnership L P [Member] | |||
New Accounting Pronouncements or Change in Accounting Principle [Line Items] | |||
Limited Liability Company or Limited Partnership, Members or Limited Partners, Ownership Interest | 95% | ||
Limited Liability Company (LLC) or Limited Partnership (LP), Managing Member or General Partner, Ownership Interest | 1% | ||
Residential Leases [Member] | Maximum [Member] | |||
New Accounting Pronouncements or Change in Accounting Principle [Line Items] | |||
Lessor, Operating Lease, Term of Contract | 14 months |
Summary of Significant Accoun_5
Summary of Significant Accounting Policies and Recent Accounting Pronouncements (Expected Useful Lives Of Depreciable Property) (Details) | 12 Months Ended |
Dec. 31, 2022 | |
Intangible assets/liabilities (in-place leases and below market leases) | underlying lease term |
Minimum [Member] | Buildings And Improvements [Member] | |
Estimated Useful Life (in years) | 5 years |
Minimum [Member] | Furniture, Fixtures, Equipment, And Other [Member] | |
Estimated Useful Life (in years) | 3 years |
Maximum [Member] | Buildings And Improvements [Member] | |
Estimated Useful Life (in years) | 35 years |
Maximum [Member] | Furniture, Fixtures, Equipment, And Other [Member] | |
Estimated Useful Life (in years) | 20 years |
Summary of Significant Accoun_6
Summary of Significant Accounting Policies and Recent Accounting Pronouncements Summary of Significant Accounting Policies and Recent Accounting Pronouncments (Revenue Recognition Leases, Operating) (Details) | Dec. 31, 2022 USD ($) |
Revenue Recognition and Deferred Revenue [Abstract] | |
Lessor, Operating Lease, Payments to be Received 2022 | $ 891,900 |
Lessor, Operating Lease, Payments to be Received 2023 | 53,300 |
Lessor, Operating Lease, Payments to be Received 2024 | 4,000 |
Lessor, Operating Lease, Payments to be Received 2025 | 3,700 |
Lessor, Operating Lease, Payments to be Received 2026 | 3,100 |
Lessor, Operating Lease, Payments to be Received, Thereafter | 8,400 |
Lessor, Operating Lease, Payments to be Received | $ 964,400 |
Per Share Data (Calculation Of
Per Share Data (Calculation Of Basic And Diluted Earnings Per Share) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Earnings Per Share [Abstract] | |||
Number of common share equivalent securities excluded from the diluted earnings per share calculation | 1,000 | 1,000 | 1,900 |
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $ 653,613 | $ 303,907 | $ 123,911 |
Amount allocated to participating securities | (990) | (545) | (261) |
Net Income (Loss) Available to Common Stockholders, Basic | $ 652,623 | $ 303,362 | $ 123,650 |
Total earnings per common share - basic | $ 6.07 | $ 2.97 | $ 1.24 |
Weighted average number of common shares outstanding – basic | 107,605 | 101,999 | 99,385 |
Income allocated to common units from continuing operations | $ 1,452 | $ 1,190 | $ 0 |
Net income attributable to common shareholders - diluted | $ 654,075 | $ 304,552 | $ 123,650 |
Total earnings per common share - diluted | $ 6.04 | $ 2.96 | $ 1.24 |
Common share options and share awards granted | 50 | 87 | 53 |
Common units | 733 | 743 | 0 |
Weighted average number of common shares outstanding - diluted | 108,388 | 102,829 | 99,438 |
Common Shares (Narrative) (Deta
Common Shares (Narrative) (Details) - USD ($) | 1 Months Ended | 2 Months Ended | 12 Months Ended | |||||||
May 13, 2022 | Apr. 12, 2022 | Aug. 31, 2021 | Jun. 30, 2020 | Feb. 23, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | Sep. 30, 2022 | Aug. 24, 2021 | |
Number of common and preferred stock authorized to issue | 185,000,000 | |||||||||
Common shares, authorized | 175,000,000 | 175,000,000 | ||||||||
Preferred shares, authorized | 10,000,000 | |||||||||
Common Stock, Shares, Outstanding | 106,500,000 | |||||||||
Preferred Stock, Shares Outstanding | 0 | |||||||||
Common shares issued | 3,059 | 5,416 | 0 | |||||||
Proceeds from issuance of common shares | $ 516,758,000 | $ 759,209,000 | $ 0 | |||||||
Cash distributions declared to equity holders per share | $ 3.76 | $ 3.32 | $ 3.32 | |||||||
2020 ATM program [Member] | ||||||||||
Maximum aggregate offering price of common shares | $ 362,700,000 | |||||||||
Common shares issued | 2,900,000 | |||||||||
Total net consideration | $ 358,800,000 | |||||||||
Maximum aggregate offering price of remaining common shares available for sale | $ 200,000 | |||||||||
2021 ATM program | ||||||||||
Maximum aggregate offering price of common shares | $ 500,000,000 | |||||||||
Common shares issued | 200,000 | |||||||||
Total net consideration | $ 26,200,000 | |||||||||
Maximum aggregate offering price of remaining common shares available for sale | $ 71,300,000 | |||||||||
2022 ATM program | ||||||||||
Maximum aggregate offering price of common shares | $ 500,000,000 | |||||||||
2021 Equity offering | ||||||||||
Common shares issued | 2,900,000 | |||||||||
Total net consideration | $ 490,300,000 | |||||||||
Subsequent Event [Member] | ||||||||||
Cash distributions declared to equity holders per share | $ 1 | |||||||||
Subsequent Event [Member] | 2022 ATM program | ||||||||||
Maximum aggregate offering price of remaining common shares available for sale | $ 500,000,000 | |||||||||
April 2007 Repurchase Plan [Member] | ||||||||||
Stock Repurchase Program, Authorized Amount | $ 500,000,000 | |||||||||
Stock Repurchase Program, Remaining Authorized Repurchase Amount | $ 269,500,000 |
Operating Partnerships (Details
Operating Partnerships (Details) - USD ($) $ in Thousands, shares in Millions | 12 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
Unsecured Debt | $ 3,165,924 | $ 3,170,367 |
Negative tax capital held by unitholder of partnership | $ 23,900 | |
Camden Operating L P [Member] | ||
Limited Liability Company or Limited Partnership, Members or Limited Partners, Ownership Interest | 93% | |
Limited Liability Company (LLC) or Limited Partnership (LP), Managing Member or General Partner, Ownership Interest | 1% | |
Camden Summit Partnership L P [Member] | ||
Limited Liability Company or Limited Partnership, Members or Limited Partners, Ownership Interest | 95% | |
Limited Liability Company (LLC) or Limited Partnership (LP), Managing Member or General Partner, Ownership Interest | 1% | |
Camden Operating L P [Member] | ||
Percentage Of Real Estate Properties Held With Operating Partnership | 4% | |
Units of Partnership Interest, Amount | 11.9 | |
Limited Partners' Capital Account, Units Outstanding | 0.7 | |
Camden Summit Partnership L P [Member] | ||
Percentage Of Real Estate Properties Held With Operating Partnership | 26% | |
Units of Partnership Interest, Amount | 22.8 | |
Limited Partners' Capital Account, Units Outstanding | 0.9 | |
Commercial Banks [Member] | 5.31% Term loan Due 2024 | ||
Unsecured Debt | $ 39,800 | $ 39,900 |
Income Taxes (Details)
Income Taxes (Details) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Difference Between Carry Value Of Net Assets And Tax Basis Of Net Assets | $ 2,000,000 | ||
Current Income Tax Expense (Benefit) | $ 2,966 | $ 1,893 | $ 1,972 |
Annual dividends distribution percentage to shareholders to qualify as a REIT | 90% | ||
Significant temporary differences or tax credits associated with our taxable REIT subsidiaries | $ 0 | ||
Uncertain tax positions or unrecognized tax benefits | $ 0 | ||
Minimum [Member] | |||
Operating Loss Carryforwards, Expiration Dates | Jan. 01, 2034 | ||
Maximum [Member] | |||
Operating Loss Carryforwards, Expiration Dates | Jan. 01, 2037 |
Income Taxes (Schedule of Per S
Income Taxes (Schedule of Per Share Distributions Reported to Shareholders) (Details) - $ / shares | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Income Tax Disclosure [Abstract] | |||
Ordinary Income | $ 2.06 | $ 3.22 | |
Long-term capital gain | 1.14 | 0.04 | |
Return of capital | 0 | 0.06 | |
Unrecaptured Sec. 1250 gain | 0.12 | 0 | |
Total common share distributions | $ 3.76 | 3.32 | 3.32 |
Cash distributions declared to equity holders per share | 3.76 | 3.32 | 3.32 |
Ordinary Income | 2.06 | 3.22 | |
Long-term capital gain | 1.14 | 0.04 | |
Return of capital | 0 | 0.06 | |
Unrecaptured Sec. 1250 gain | $ 0.12 | $ 0 | |
Tax Characteristics dividend | |||
Income Tax Disclosure [Abstract] | |||
Ordinary Income | 0 | ||
Long-term capital gain | 0.48 | ||
Return of capital | 2.26 | ||
Unrecaptured Sec. 1250 gain | 0.08 | ||
Total common share distributions | 2.82 | ||
Cash distributions declared to equity holders per share | 2.82 | ||
Ordinary Income | 0 | ||
Long-term capital gain | 0.48 | ||
Return of capital | 2.26 | ||
Unrecaptured Sec. 1250 gain | $ 0.08 |
Acquisitions and Dispositions (
Acquisitions and Dispositions (Narrative) (Details) | 12 Months Ended | |||||||||||||||||||||
Jun. 08, 2022 USD ($) a | Apr. 07, 2022 USD ($) a | Apr. 01, 2022 USD ($) | Mar. 24, 2022 USD ($) | Mar. 08, 2022 USD ($) a | Dec. 09, 2021 USD ($) a | Dec. 02, 2021 USD ($) | Nov. 09, 2021 USD ($) | Oct. 25, 2021 USD ($) a | Oct. 14, 2021 USD ($) | Aug. 24, 2021 USD ($) | Jun. 29, 2021 USD ($) a | Jun. 22, 2021 USD ($) | Jun. 02, 2021 USD ($) | Jun. 01, 2021 USD ($) a | Nov. 24, 2020 USD ($) a | Mar. 03, 2020 USD ($) a | Jan. 13, 2020 USD ($) a | Dec. 31, 2022 USD ($) | Dec. 31, 2021 USD ($) | Dec. 31, 2020 USD ($) | Mar. 31, 2019 USD ($) | |
Property, Plant and Equipment [Line Items] | ||||||||||||||||||||||
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | $ 36,372,000 | $ 174,384,000 | $ 382,000 | |||||||||||||||||||
Payments to Acquire Real Estate | 1,066,051,000 | 629,959,000 | 0 | |||||||||||||||||||
Secured Debt | 514,989,000 | 0 | ||||||||||||||||||||
Gain on acquisition of unconsolidated joint venture interests | 474,146,000 | 0 | 0 | |||||||||||||||||||
Real Estate Assets Total | 9,067,762,000 | 7,104,770,000 | ||||||||||||||||||||
Other Assets | 229,371,000 | 234,370,000 | ||||||||||||||||||||
Other liabilities | 39,168,000 | $ 0 | $ 0 | |||||||||||||||||||
Unsecured Credit Facility [Member] | ||||||||||||||||||||||
Property, Plant and Equipment [Line Items] | ||||||||||||||||||||||
Line of Credit Facility, Maximum Borrowing Capacity | 1,200,000,000 | |||||||||||||||||||||
March 2019 Credit Agreement | Unsecured Credit Facility [Member] | ||||||||||||||||||||||
Property, Plant and Equipment [Line Items] | ||||||||||||||||||||||
Line of Credit Facility, Maximum Borrowing Capacity | $ 900,000,000 | |||||||||||||||||||||
Disposal Group, Disposed of by Sale, Not Discontinued Operations [Member] | ||||||||||||||||||||||
Property, Plant and Equipment [Line Items] | ||||||||||||||||||||||
Area of Land | a | 4.7 | |||||||||||||||||||||
Proceeds from Sale of Land Held-for-investment | $ 800,000 | |||||||||||||||||||||
Cameron Village [Member] | ||||||||||||||||||||||
Property, Plant and Equipment [Line Items] | ||||||||||||||||||||||
Area of Land | a | 4.9 | |||||||||||||||||||||
Purchase price of land acquired | $ 18,200,000 | |||||||||||||||||||||
Camden Durham | ||||||||||||||||||||||
Property, Plant and Equipment [Line Items] | ||||||||||||||||||||||
Area of Land | a | 4.1 | |||||||||||||||||||||
Purchase price of land acquired | $ 27,600,000 | |||||||||||||||||||||
Camden Greenville | ||||||||||||||||||||||
Property, Plant and Equipment [Line Items] | ||||||||||||||||||||||
Number of Operating properties Acquired | 1 | |||||||||||||||||||||
Number of Units in Real Estate Property | 558 | |||||||||||||||||||||
Payments to Acquire Real Estate | $ 165,500,000 | |||||||||||||||||||||
Camden Central | ||||||||||||||||||||||
Property, Plant and Equipment [Line Items] | ||||||||||||||||||||||
Number of Operating properties Acquired | 1 | |||||||||||||||||||||
Number of Units in Real Estate Property | 368 | |||||||||||||||||||||
Payments to Acquire Real Estate | $ 176,300,000 | |||||||||||||||||||||
Camden Franklin park | ||||||||||||||||||||||
Property, Plant and Equipment [Line Items] | ||||||||||||||||||||||
Number of Operating properties Acquired | 1 | |||||||||||||||||||||
Number of Units in Real Estate Property | 328 | |||||||||||||||||||||
Payments to Acquire Real Estate | $ 105,300,000 | |||||||||||||||||||||
Camden Music Row | ||||||||||||||||||||||
Property, Plant and Equipment [Line Items] | ||||||||||||||||||||||
Number of Operating properties Acquired | 1 | |||||||||||||||||||||
Number of Units in Real Estate Property | 430 | |||||||||||||||||||||
Payments to Acquire Real Estate | $ 186,300,000 | |||||||||||||||||||||
Camden Gulch | ||||||||||||||||||||||
Property, Plant and Equipment [Line Items] | ||||||||||||||||||||||
Area of Land | a | 2 | |||||||||||||||||||||
Purchase price of land acquired | $ 36,600,000 | |||||||||||||||||||||
Camden Baker | ||||||||||||||||||||||
Property, Plant and Equipment [Line Items] | ||||||||||||||||||||||
Area of Land | a | 5.2 | |||||||||||||||||||||
Purchase price of land acquired | $ 24,000,000 | |||||||||||||||||||||
Camden Woodmill Creek | ||||||||||||||||||||||
Property, Plant and Equipment [Line Items] | ||||||||||||||||||||||
Area of Land | a | 14.6 | |||||||||||||||||||||
Purchase price of land acquired | $ 9,300,000 | |||||||||||||||||||||
Camden Pier District II | ||||||||||||||||||||||
Property, Plant and Equipment [Line Items] | ||||||||||||||||||||||
Area of Land | a | 0.2 | |||||||||||||||||||||
Purchase price of land acquired | $ 2,100,000 | |||||||||||||||||||||
Camden Oak Crest Park [Member] | Disposal Group, Disposed of by Sale, Not Discontinued Operations [Member] | ||||||||||||||||||||||
Property, Plant and Equipment [Line Items] | ||||||||||||||||||||||
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | 81,100,000 | |||||||||||||||||||||
Number of Real Estate Properties | 2 | |||||||||||||||||||||
Number of Units in Real Estate Property | 652 | |||||||||||||||||||||
Proceeds from Sale of Property, Plant, and Equipment | $ 115,000,000 | |||||||||||||||||||||
Camden Russett [Member] | Disposal Group, Disposed of by Sale, Not Discontinued Operations [Member] | ||||||||||||||||||||||
Property, Plant and Equipment [Line Items] | ||||||||||||||||||||||
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | 93,300,000 | |||||||||||||||||||||
Number of Real Estate Properties | 1 | |||||||||||||||||||||
Number of Units in Real Estate Property | 426 | |||||||||||||||||||||
Proceeds from Sale of Property, Plant, and Equipment | $ 145,000,000 | |||||||||||||||||||||
The Funds | ||||||||||||||||||||||
Property, Plant and Equipment [Line Items] | ||||||||||||||||||||||
Number of Real Estate Properties | 22 | |||||||||||||||||||||
Number of Units in Real Estate Property | 7,247 | |||||||||||||||||||||
Payments to Acquire Real Estate | $ 1,100,000,000 | |||||||||||||||||||||
Secured Debt | 514,600,000 | |||||||||||||||||||||
Gain on acquisition of unconsolidated joint venture interests | 474,100,000 | |||||||||||||||||||||
Real Estate Assets Total | 2,100,000,000 | |||||||||||||||||||||
Other Assets | 24,700,000 | |||||||||||||||||||||
Below Market Lease, Net | 7,600,000 | |||||||||||||||||||||
Other liabilities | 39,200,000 | |||||||||||||||||||||
Finite-Lived Intangible Asset, Acquired-in-Place Leases | $ 44,000,000 | |||||||||||||||||||||
The Funds | Equity Method Investment, Nonconsolidated Investee or Group of Investees [Member] | ||||||||||||||||||||||
Property, Plant and Equipment [Line Items] | ||||||||||||||||||||||
equity method investment non-ownership percentage | 68.70% | |||||||||||||||||||||
Ballyntine | ||||||||||||||||||||||
Property, Plant and Equipment [Line Items] | ||||||||||||||||||||||
Area of Land | a | 42.6 | |||||||||||||||||||||
Purchase price of land acquired | $ 32,700,000 | |||||||||||||||||||||
Nations | ||||||||||||||||||||||
Property, Plant and Equipment [Line Items] | ||||||||||||||||||||||
Area of Land | a | 3.8 | |||||||||||||||||||||
Purchase price of land acquired | $ 30,500,000 | |||||||||||||||||||||
Camden Long Meadow Farms | ||||||||||||||||||||||
Property, Plant and Equipment [Line Items] | ||||||||||||||||||||||
Area of Land | a | 15.9 | |||||||||||||||||||||
Purchase price of land acquired | $ 7,800,000 | |||||||||||||||||||||
Camden Largo Town Center [Member] | Disposal Group, Disposed of by Sale, Not Discontinued Operations [Member] | ||||||||||||||||||||||
Property, Plant and Equipment [Line Items] | ||||||||||||||||||||||
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | $ 36,400,000 | |||||||||||||||||||||
Number of Real Estate Properties | 1 | |||||||||||||||||||||
Number of Units in Real Estate Property | 245 | |||||||||||||||||||||
Proceeds from Sale of Property, Plant, and Equipment | $ 71,900,000 |
Investments In Joint Ventures_2
Investments In Joint Ventures (Narrative) (Details) $ in Thousands | 6 Months Ended | 12 Months Ended | |||
Jun. 30, 2020 | Dec. 31, 2022 USD ($) | Dec. 31, 2021 USD ($) | Dec. 31, 2020 USD ($) | ||
Direct Costs of Leased and Rented Property or Equipment | $ 315,737 | $ 267,703 | $ 252,190 | ||
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | (36,372) | (174,384) | (382) | ||
Equity in income of joint ventures | [1] | 3,048 | $ 9,777 | 8,052 | |
Number of joint ventures accounted for under equity method investments | 3 | 3 | |||
Fees earned for property and asset management, construction, development, and other services to joint ventures | $ 1,700 | $ 6,600 | $ 7,600 | ||
[1]Equity in income excluded our ownership interest of fee income from various services provided by us to the Funds. |
Investments In Joint Ventures_3
Investments In Joint Ventures (Aggregate Balance Sheet And Statement Of Income Data For Unconsolidated Joint Ventures) (Details) - USD ($) $ in Thousands | 12 Months Ended | |||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | ||
Schedule of Equity Method Investments [Line Items] | ||||
Assets | $ 9,327,935 | $ 7,976,784 | ||
Liabilities | 4,271,014 | 3,710,529 | ||
Stockholders' Equity Attributable to Parent | 4,986,620 | 4,197,490 | ||
Net income | 661,508 | 312,376 | $ 128,579 | |
Equity in income of joint ventures | 3,048 | 9,777 | 8,052 | |
Equity Method Investment, Nonconsolidated Investee or Group of Investees | ||||
Schedule of Equity Method Investments [Line Items] | ||||
Assets | 0 | 679,100 | ||
Liabilities | 0 | 513,800 | ||
Stockholders' Equity Attributable to Parent | 0 | 131,900 | ||
Revenues | 37,200 | 139,000 | 128,500 | |
Net income | 7,100 | 21,300 | 15,800 | |
Equity in income of joint ventures | [1] | $ 3,000 | $ 9,800 | $ 8,100 |
[1]Equity in income excluded our ownership interest of fee income from various services provided by us to the Funds. |
Notes Payable (Summary Of Indeb
Notes Payable (Summary Of Indebtedness) (Details) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | ||
Total notes payable | [1] | $ 3,680,900 | $ 3,170,400 |
Value Of Real Estate Assets At Cost Subject To Secured Notes | 2,080,900 | 0 | |
Unsecured Debt | 3,165,924 | 3,170,367 | |
Secured Debt | 514,989 | 0 | |
Senior Unsecured Notes [Member] | |||
Unsecured Debt | $ 2,784,100 | $ 3,130,500 | |
5.31% Term loan Due 2024 | Commercial Banks [Member] | |||
Notes payable, effective interest rate | 5.31% | 1.85% | |
Debt Instrument, Maturity Date | Sep. 30, 2024 | ||
Unsecured Debt | $ 39,800 | $ 39,900 | |
5.20% Term loan, due 2024 | Commercial Banks [Member] | |||
Notes payable, effective interest rate | 5.20% | ||
Debt Instrument, Maturity Date | Aug. 29, 2025 | ||
Unsecured Debt | $ 300,000 | $ 0 | |
3.15% Notes Due 2022 | Senior Unsecured Notes [Member] | |||
Notes payable, effective interest rate | 3.15% | 3.15% | |
Debt Instrument, Maturity Date | Dec. 15, 2022 | ||
Unsecured Debt | $ 0 | $ 349,300 | |
5.07% Notes Due 2023 | Senior Unsecured Notes [Member] | |||
Notes payable, effective interest rate | 5.07% | 5.07% | |
Debt Instrument, Maturity Date | Jun. 15, 2023 | ||
Unsecured Debt | $ 249,800 | $ 249,300 | |
4.36% Notes Due 2024 | Senior Unsecured Notes [Member] | |||
Notes payable, effective interest rate | 4.36% | 4.36% | |
Debt Instrument, Maturity Date | Jan. 15, 2024 | ||
Unsecured Debt | $ 249,700 | $ 249,500 | |
3.68% Notes Due 2024 | Senior Unsecured Notes [Member] | |||
Notes payable, effective interest rate | 3.68% | 3.68% | |
Debt Instrument, Maturity Date | Sep. 15, 2024 | ||
Unsecured Debt | $ 249,200 | $ 248,800 | |
3.74% Notes Due 2028 | Senior Unsecured Notes [Member] | |||
Notes payable, effective interest rate | 3.74% | 3.74% | |
Debt Instrument, Maturity Date | Oct. 15, 2028 | ||
Unsecured Debt | $ 398,300 | $ 397,800 | |
3.67% Notes due 2029 | Senior Unsecured Notes [Member] | |||
Notes payable, effective interest rate | 3.67% | 3.67% | |
Debt Instrument, Maturity Date | Jul. 01, 2029 | ||
Unsecured Debt | [2] | $ 595,500 | $ 594,900 |
2.91% Notes due 2030 | Senior Unsecured Notes [Member] | |||
Notes payable, effective interest rate | 2.91% | 2.91% | |
Debt Instrument, Maturity Date | May 15, 2030 | ||
Unsecured Debt | $ 744,800 | $ 744,100 | |
3.41% Notes due 2049 | Senior Unsecured Notes [Member] | |||
Notes payable, effective interest rate | 3.41% | 3.41% | |
Debt Instrument, Maturity Date | Nov. 01, 2049 | ||
Unsecured Debt | $ 296,800 | $ 296,800 | |
3.78% - 4.04% Conventional Mortgage Notes, due 2026 - 2028 | Secured Debt [Member] | |||
Secured Debt | $ 291,200 | 0 | |
3.78% - 4.04% Conventional Mortgage Notes, due 2026 - 2028 | Secured Debt [Member] | Minimum [Member] | |||
Notes payable, effective interest rate | 3.78% | ||
Debt Instrument, Maturity Date | Oct. 01, 2026 | ||
3.78% - 4.04% Conventional Mortgage Notes, due 2026 - 2028 | Secured Debt [Member] | Maximum [Member] | |||
Notes payable, effective interest rate | 4.04% | ||
Debt Instrument, Maturity Date | Apr. 01, 2028 | ||
6.16% Variable Rate Notes, due 2026 | Secured Debt [Member] | |||
Notes payable, effective interest rate | 6.16% | ||
Secured Debt | $ 166,200 | 0 | |
6.16% Variable Rate Notes, due 2026 | Secured Debt [Member] | Minimum [Member] | |||
Debt Instrument, Maturity Date | Apr. 01, 2026 | ||
6.16% Variable Rate Notes, due 2026 | Secured Debt [Member] | Maximum [Member] | |||
Debt Instrument, Maturity Date | Oct. 01, 2026 | ||
6.49% Variable Rate Construction Note, due 2024 | Secured Debt [Member] | |||
Notes payable, effective interest rate | 6.49% | ||
Debt Instrument, Maturity Date | Jun. 20, 2024 | ||
Secured Debt | $ 18,900 | 0 | |
3.87% note, due 2028 | Secured Debt [Member] | |||
Notes payable, effective interest rate | 3.87% | ||
Debt Instrument, Maturity Date | Jan. 01, 2028 | ||
Secured Debt | $ 38,700 | 0 | |
Unsecured Credit Facility [Member] | Commercial Banks [Member] | |||
Unsecured Debt | $ 42,000 | $ 0 | |
[1]Unamortized debt discounts, debt issuance costs, and fair market value adjustments of $18.0 million and $19.6 million are included in senior unsecured notes payable as of December 31, 2022 and 2021, respectively.[2]The 2029 Notes have an effective annual interest rate of approximately 3.84% through June 2026, which includes the effect of a settled forward interest rate swap, and approximately 3.28% thereafter, for an all-in average effective rate of approximately 3.67%. |
Notes Payable (Narrative) (Deta
Notes Payable (Narrative) (Details) $ in Thousands | 1 Months Ended | 3 Months Ended | 12 Months Ended | ||||||
Aug. 31, 2022 USD ($) | Dec. 31, 2022 USD ($) yr | Dec. 31, 2022 USD ($) yr | Dec. 31, 2021 USD ($) | Dec. 31, 2020 USD ($) | Sep. 30, 2022 USD ($) | Apr. 01, 2022 USD ($) | Mar. 31, 2019 USD ($) | ||
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net | $ 18,000 | $ 18,000 | $ 19,600 | ||||||
Unsecured Debt | 3,165,924 | 3,165,924 | 3,170,367 | ||||||
Total notes payable | [1] | 3,680,900 | 3,680,900 | 3,170,400 | |||||
Loss on early retirement of debt | 0 | 0 | $ 176 | ||||||
Available amount under unsecured credit facility | $ 1,100,000 | $ 1,100,000 | |||||||
Weighted average interest rate on floating rate debt | [2] | 4% | 4% | ||||||
Weighted average maturity of indebtedness (including unsecured credit facility and unsecured short-term borrowings) (in years) | yr | 6.4 | 6.4 | |||||||
Repayments of Notes Payable | $ 350,000 | 0 | $ 100,000 | ||||||
Secured Debt | $ 514,989 | 514,989 | 0 | ||||||
Debt Instrument, Unamortized Discount (Premium), Net | $ 2,400 | ||||||||
Amortization of Debt Discount (Premium) | 400 | ||||||||
The Funds | |||||||||
Secured Debt | $ 514,600 | ||||||||
Letter Of Credit [Member] | |||||||||
Maximum Ability to Issue Letters of Credit Under Unsecured Credit Facility | 50,000 | 50,000 | |||||||
Outstanding balance under credit facility | 14,200 | 14,200 | |||||||
Commercial Banks [Member] | Unsecured Credit Facility [Member] | |||||||||
Unsecured Debt | 42,000 | 42,000 | 0 | ||||||
Senior Unsecured Notes [Member] | |||||||||
Unsecured Debt | 2,784,100 | 2,784,100 | 3,130,500 | ||||||
Secured Debt [Member] | Minimum [Member] | The Funds | |||||||||
Notes payable, effective interest rate | 2.47% | ||||||||
Secured Debt [Member] | Maximum [Member] | The Funds | |||||||||
Notes payable, effective interest rate | 4.04% | ||||||||
secured notes payable | The Funds | |||||||||
Secured Debt | $ 514,600 | ||||||||
Unsecured Credit Facility [Member] | |||||||||
Value not exceeding the amount available under the unsecured credit facility | 600,000 | ||||||||
Line of Credit Facility, Maximum Borrowing Capacity | $ 1,200,000 | $ 1,200,000 | |||||||
Terms Of Bid Rate Loans | 180 days | ||||||||
Line of Credit Facility, Increase (Decrease), Net | $ 300,000 | ||||||||
Unsecured Credit Facility [Member] | March 2019 Credit Agreement | |||||||||
Line of Credit Facility, Maximum Borrowing Capacity | $ 900,000 | ||||||||
Unsecured Credit Facility [Member] | Commercial Banks [Member] | |||||||||
Notes payable, effective interest rate | 5.13% | 5.13% | |||||||
Floating Rate Notes Payable [Member] | |||||||||
Total notes payable | [3] | $ 566,900 | $ 566,900 | $ 39,900 | |||||
Weighted average interest rate on floating rate debt | 5.50% | 5.50% | 1.90% | ||||||
5.31% Term loan Due 2024 | Commercial Banks [Member] | |||||||||
Unsecured Debt | $ 39,800 | $ 39,800 | $ 39,900 | ||||||
Debt Instrument, Maturity Date | Sep. 30, 2024 | ||||||||
Notes payable, effective interest rate | 5.31% | 5.31% | 1.85% | ||||||
5.20% Term loan, due 2024 | Commercial Banks [Member] | |||||||||
Unsecured Debt | $ 300,000 | $ 300,000 | $ 0 | ||||||
Debt Instrument, Maturity Date | Aug. 29, 2025 | ||||||||
Notes payable, effective interest rate | 5.20% | 5.20% | |||||||
3.78% - 4.04% Conventional Mortgage Notes, due 2026 - 2028 | Secured Debt [Member] | |||||||||
Secured Debt | $ 291,200 | $ 291,200 | 0 | ||||||
3.78% - 4.04% Conventional Mortgage Notes, due 2026 - 2028 | Secured Debt [Member] | Minimum [Member] | |||||||||
Debt Instrument, Maturity Date | Oct. 01, 2026 | ||||||||
Notes payable, effective interest rate | 3.78% | 3.78% | |||||||
3.78% - 4.04% Conventional Mortgage Notes, due 2026 - 2028 | Secured Debt [Member] | Maximum [Member] | |||||||||
Debt Instrument, Maturity Date | Apr. 01, 2028 | ||||||||
Notes payable, effective interest rate | 4.04% | 4.04% | |||||||
6.16% Variable Rate Notes, due 2026 | Secured Debt [Member] | |||||||||
Notes payable, effective interest rate | 6.16% | 6.16% | |||||||
Secured Debt | $ 166,200 | $ 166,200 | 0 | ||||||
6.16% Variable Rate Notes, due 2026 | Secured Debt [Member] | Minimum [Member] | |||||||||
Debt Instrument, Maturity Date | Apr. 01, 2026 | ||||||||
6.16% Variable Rate Notes, due 2026 | Secured Debt [Member] | Maximum [Member] | |||||||||
Debt Instrument, Maturity Date | Oct. 01, 2026 | ||||||||
6.49% Variable Rate Construction Note, due 2024 | Secured Debt [Member] | |||||||||
Debt Instrument, Maturity Date | Jun. 20, 2024 | ||||||||
Notes payable, effective interest rate | 6.49% | 6.49% | |||||||
Secured Debt | $ 18,900 | $ 18,900 | 0 | ||||||
3.87% note, due 2028 | Secured Debt [Member] | |||||||||
Debt Instrument, Maturity Date | Jan. 01, 2028 | ||||||||
Notes payable, effective interest rate | 3.87% | 3.87% | |||||||
Secured Debt | $ 38,700 | $ 38,700 | 0 | ||||||
3.15% Notes Due 2022 | Senior Unsecured Notes [Member] | |||||||||
Unsecured Debt | $ 0 | $ 0 | $ 349,300 | ||||||
Debt Instrument, Maturity Date | Dec. 15, 2022 | ||||||||
Notes payable, effective interest rate | 3.15% | 3.15% | 3.15% | ||||||
Repayments of Notes Payable | $ 350,000 | ||||||||
Term loan, due 2024 full value | Commercial Banks [Member] | |||||||||
Unsecured Debt | $ 40,000 | ||||||||
[1]Unamortized debt discounts, debt issuance costs, and fair market value adjustments of $18.0 million and $19.6 million are included in senior unsecured notes payable as of December 31, 2022 and 2021, respectively.[2]Includes the effects of the applicable settled forward interest rate swaps.[3]Includes balances outstanding under our unsecured credit facility at December 31, 2022. |
Notes Payable (Scheduled Repaym
Notes Payable (Scheduled Repayments On Outstanding Debt) (Details) $ in Millions | Dec. 31, 2022 USD ($) | |
2023 | $ 246.6 | [1] |
2024 | 556.5 | [1] |
2025 | 297.8 | |
2026 | 188.9 | |
2027 | 214.9 | |
Thereafter | 2,176.2 | |
Total notes payable | $ 3,680.9 | [1],[2] |
Weighted Average Interest Rate | 4% | [3] |
Maturities due in 2023 | ||
Weighted Average Interest Rate | 5.10% | |
Maturities due in 2024 | ||
Weighted Average Interest Rate | 4.20% | |
Maturities due in 2025 | ||
Weighted Average Interest Rate | 5.20% | [3] |
Maturities due in 2026 | ||
Weighted Average Interest Rate | 5.90% | |
Maturities due in 2027 | ||
Weighted Average Interest Rate | 4.10% | |
Maturities Due Thereafter [Member] | ||
Weighted Average Interest Rate | 3.40% | [3] |
[1]Includes amortization of debt discounts, debt issuance costs, and fair market value adjustments.[2]Includes all available extension options.[3]Includes the effects of the applicable settled forward interest rate swaps. |
Derivative Financial Instrume_2
Derivative Financial Instruments and Hedging Activities (Details) - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Derivative Instruments and Hedging Activities Fair Value [Abstract] | |||
CPT Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net | $ 1.3 | $ 1.3 | $ 1.3 |
Share-Based Compensation and _3
Share-Based Compensation and Benefit Plans (Narrative) (Details) | 12 Months Ended | |||
Dec. 31, 2022 USD ($) shares | Dec. 31, 2021 USD ($) shares | Dec. 31, 2020 USD ($) | May 17, 2018 shares | |
Total compensation cost for option and share awards | $ 14,200,000 | $ 16,100,000 | $ 15,300,000 | |
Total capitalized compensation cost for option and share awards | $ 4,500,000 | $ 3,800,000 | 3,400,000 | |
Percentage Of Market Value Per Share At Which Shares Purchased Under Employee Share Purchase Plan | 85% | |||
EmployeeSharePurchasePlanMaximumAuthorizedAmountPerParticipant | $ 25,000 | |||
Share Awards Held In Employee Trust Shares | shares | 1,100,000 | 1,200,000 | ||
Share Awards Held In Non Qualified Deferred Compensation Plan Shares | $ 8,900,000 | $ 11,700,000 | ||
Cash Required By Plan Participants Upon Withdrawal | 13,300,000 | 14,100,000 | ||
Defined Contribution Plan, Cost | $ 3,400,000 | $ 3,300,000 | 3,400,000 | |
Employee Share Purchase Program maximum shares available | shares | 500,000 | |||
Share Awards Held In Non Qualified Deferred Compensation Plan Shares | shares | 1,000,000 | 900,000 | ||
Trading Securities Held In Non Qualified Deferred Compensation Plan Value | $ 111,700,000 | $ 125,600,000 | ||
Share Awards and Vesting [Member] | ||||
Total unrecognized compensation cost related to unvested options which is expected to be amortized | 12,100,000 | |||
Fair value of shares vested | $ 19,400,000 | $ 23,600,000 | $ 18,700,000 | |
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition | 2 years | |||
Maximum [Member] | Share Awards and Vesting [Member] | ||||
Vesting period, years | 3 years | |||
Two Thousand Eighteen Share Incentive Plan [Member] | ||||
Total fungible units to be issued | shares | 5,900,000 | 9,700,000 | ||
Fungible Units To Full Value Award Conversion Ratio | 3.45 | |||
Full Value award in the fungible unit conversion ratio | shares | 1 | |||
Expiration value of option right or other award | shares | 1 | |||
Common shares which could be granted pursuant to full value awards | shares | 1,700,000 |
Share-Based Compensation and _4
Share-Based Compensation and Benefit Plans (Summary Of Share Incentive Plans) (Details) - $ / shares | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested [Roll Forward] | |||
Nonvested share awards outstanding, Beginning balance | 184,128 | ||
Granted, Share Awards Outstanding | 136,948 | ||
Exercised/Vested, Share Awards Outstanding | (151,361) | ||
Forfeited, Share Awards Outstanding | (5,068) | ||
Nonvested share awards outstanding, Ending balance | 164,647 | 184,128 | |
Nonvested share awards outstanding, Weighted Average Exercise/Grant Price Beginning | $ 107.57 | ||
Granted, Weighted Average Exercise/Grant Price | 161.91 | $ 105.87 | $ 113.46 |
Exercised/Vested, Weighted Average Exercise/Grant Price | 128.45 | ||
Forfeited, Weighted Average Exercise/Grant Price | 129.96 | ||
Nonvested share awards outstanding, Weighted Average Exercise/Grant Price Ending | $ 132.99 | $ 107.57 |
Share-Based Compensation and _5
Share-Based Compensation and Benefit Plans (Employee Share Purchase Plan Activity) (Details) - USD ($) $ / shares in Units, $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Share-Based Payment Arrangement, Noncash Expense [Abstract] | |||
Stock Issued During Period, Shares, Employee Stock Purchase Plans | 15,353 | 29,857 | 22,496 |
Weighted Average Fair Value Of Shares Purchased Under Employee Share Purchase Plan | $ 119.15 | $ 141.64 | $ 95.97 |
Employee Stock Ownership Plan (ESOP), Compensation Expense | $ 0.2 | $ 1.2 | $ 0.3 |
Fair Value Measurements (Financ
Fair Value Measurements (Financial Assets And Liabilities Measured At Fair Value) (Details) - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | ||
Deferred compensation plan investments | $ 120.7 | [1] | $ 137.3 |
Participant Withdrawals From Deferred Compensation Plan Investments | 3.6 | 10.6 | |
Level 1 [Member] | |||
Deferred compensation plan investments | 120.7 | 137.3 | |
Level 2 [Member] | |||
Deferred compensation plan investments | 0 | 0 | |
Level 3 [Member] | |||
Deferred compensation plan investments | $ 0 | $ 0 | |
[1]Approximately $3.6 million and $10.6 million of participant cash was withdrawn from our deferred compensation plan investments during the years ended December 31, 2022 and 2021, respectively. |
Fair Value Measurements (Fair V
Fair Value Measurements (Fair Value Of Notes Payable) (Details) - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 | |
Carrying Value | [1] | $ 3,680.9 | $ 3,170.4 |
Fixed Rate Notes Payable [Member] | |||
Carrying Value | 3,114 | 3,130.5 | |
Estimated Fair Value | 2,806.1 | 3,363.7 | |
Floating Rate Notes Payable [Member] | |||
Carrying Value | [2] | 566.9 | 39.9 |
Estimated Fair Value | [2] | $ 566.8 | $ 40.1 |
[1]Unamortized debt discounts, debt issuance costs, and fair market value adjustments of $18.0 million and $19.6 million are included in senior unsecured notes payable as of December 31, 2022 and 2021, respectively.[2]Includes balances outstanding under our unsecured credit facility at December 31, 2022. |
Fair Value Measurements (Narrat
Fair Value Measurements (Narrative) (Details) | Apr. 01, 2022 |
The Funds | Equity Method Investment, Nonconsolidated Investee or Group of Investees [Member] | |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | |
equity method investment non-ownership percentage | 68.70% |
Net Change In Operating Accou_3
Net Change In Operating Accounts (Effect Of Changes In The Operating Accounts On Cash Flows From Operating Activities) (Details) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Increase (Decrease) in Operating Capital [Abstract] | |||
Other assets, net | $ (13,950) | $ (12,068) | $ (5,235) |
Accounts payable and accrued expenses | (2,990) | 14,786 | (62) |
Accrued real estate taxes | 22,901 | (809) | 11,745 |
Other liabilities | (6,207) | (2,133) | 997 |
Other | 4,159 | 3,742 | 2,060 |
Net change in operating accounts and other | $ 3,913 | $ 3,518 | $ 9,505 |
Commitments And Contingencies (
Commitments And Contingencies (Details) $ in Millions | 12 Months Ended | |
Dec. 31, 2022 USD ($) | Dec. 31, 2021 USD ($) | |
Anticipated expenditures relating to completion of construction type contracts | $ 306.7 | |
Number of consolidated projects under construction | 6 | |
Earnest Money Deposits | $ 1.1 | |
Lessee, Operating Lease, Liability, Payments, Due 2022 | 3.3 | |
Lessee, Operating Lease, Liability, Payments, Due 2023 | 3.1 | |
Lessee, Operating Lease, Liability, Payments, Due 2024 | 2.3 | |
Lessee, Operating Lease, Liability, Payments, Due 2025 | 0.4 | |
Lessee, Operating Lease, Liability, Payments, Due 2026 | 0.1 | |
Lessee, Operating Lease, Liability, Payments, Due Thereafter | 0 | |
Lessee, Operating Lease, Liability, Undiscounted Excess Amount | (0.8) | |
Operating Lease, Liability | 8.4 | $ 10 |
Operating Lease, Right-of-Use Asset | 6 | 6.9 |
Rent expense related to operating lease liabilities | 2.7 | 2.9 |
Variable Lease, Cost | 1.3 | 1.3 |
Operating Lease, Expense | 4 | 4.2 |
Cash flows from operating leases | $ 2.5 | $ 2.7 |
Operating Lease, Weighted Average Remaining Lease Term | 2 years 10 months 24 days | 3 years 7 months 6 days |
Operating Lease, Weighted Average Discount Rate, Percent | 4.60% | 4.80% |
Operating Lease, Liability | Other Liabilities | Other Liabilities |
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration] | Other Assets | Other Assets |
non-refundable earnest money | ||
Earnest Money Deposits | $ 0.5 |
Schedule III - Real Estate an_3
Schedule III - Real Estate and Accumulated Depreciation (Details) - USD ($) $ in Thousands | 12 Months Ended | ||||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | ||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 1,704,932 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 9,648,837 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 1,562,104 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 1,704,932 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 11,210,941 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 12,915,873 | $ 10,449,067 | $ 9,553,177 | $ 9,115,793 | |
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 3,848,111 | $ 3,358,027 | $ 3,034,186 | $ 2,686,025 | |
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | 9,067,762 | ||||
Current Communities [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | 1,704,932 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 9,050,312 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 1,562,104 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 1,704,932 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 10,612,416 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 12,317,348 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 3,846,117 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | 8,471,231 | ||||
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Amount of Encumbrances | 514,989 | ||||
Current Communities [Member] | Camden Chandler [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | 5,511 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 62,429 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 1,577 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 5,511 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 64,006 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 69,517 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 18,661 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 50,856 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2016 | ||||
Current Communities [Member] | Camden Copper Square [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 4,825 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 23,672 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 15,235 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 4,825 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 38,907 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 43,732 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 24,874 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 18,858 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2000 | ||||
Current Communities [Member] | Camden Foothills [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 11,006 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 33,712 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 1,298 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 11,006 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 35,010 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 46,016 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 11,081 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 34,935 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2014 | ||||
Current Communities [Member] | Camden Legacy [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 4,068 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 26,612 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 27,181 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 4,068 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 53,793 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 57,861 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 37,481 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 20,380 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 1998 | ||||
Current Communities [Member] | Camden Montierra [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 13,687 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 31,727 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 7,845 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 13,687 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 39,572 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 53,259 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 15,128 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 38,131 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2012 | ||||
Current Communities [Member] | Camden North End [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 16,108 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 82,620 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 577 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 16,108 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 83,197 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 99,305 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 24,326 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 74,979 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2019 | ||||
Current Communities [Member] | Camden North End II [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 10,100 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 70,097 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 16 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 10,100 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 70,113 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 80,213 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 10,648 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 69,565 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2021 | ||||
Current Communities [Member] | Camden Old Town Scottsdale [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 23,227 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 71,784 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 3,735 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 23,227 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 75,519 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 98,746 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 20,159 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 78,587 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2019 | ||||
Current Communities [Member] | Camden Pecos Ranch [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 3,362 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 24,492 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 9,927 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 3,362 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 34,419 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 37,781 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 14,592 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 23,189 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2012 | ||||
Current Communities [Member] | Camden San Marcos [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 11,520 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 35,166 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 8,888 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 11,520 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 44,054 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 55,574 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 17,075 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 38,499 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2012 | ||||
Current Communities [Member] | Camden San Paloma [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 6,480 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 23,045 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 17,420 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 6,480 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 40,465 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 46,945 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 24,265 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 22,680 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2002 | ||||
Current Communities [Member] | Camden Sotelo [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 3,376 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 30,576 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 2,679 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 3,376 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 33,255 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 36,631 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 10,932 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 25,699 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2013 | ||||
Current Communities [Member] | Camden Tempe | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 9,248 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 35,254 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 1,151 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 9,248 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 36,405 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 45,653 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 11,181 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 34,472 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2015 | ||||
Current Communities [Member] | Camden Crown Valley [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 9,381 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 54,210 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 17,155 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 9,381 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 71,365 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 80,746 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 45,495 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 35,251 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2001 | ||||
Current Communities [Member] | Camden Glendale [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 21,492 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 96,158 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 3,342 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 21,492 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 99,500 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 120,992 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 28,151 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 92,841 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2015 | ||||
Current Communities [Member] | Camden Harbor View [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 16,079 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 127,459 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 42,423 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 16,079 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 169,882 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 185,961 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 94,945 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 91,016 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2003 | ||||
Current Communities [Member] | Camden Main Jamboree [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 17,363 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 75,387 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 11,295 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 17,363 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 86,682 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 104,045 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 30,906 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 73,139 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2008 | ||||
Current Communities [Member] | Camden Martinique [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 28,401 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 51,861 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 33,986 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 28,401 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 85,847 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 114,248 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 60,301 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 53,947 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 1998 | ||||
Current Communities [Member] | Camden Sea Palms [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 4,336 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 9,930 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 10,317 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 4,336 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 20,247 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 24,583 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 13,856 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 10,727 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 1998 | ||||
Current Communities [Member] | The Camden [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 18,286 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 118,730 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 1,420 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 18,286 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 120,150 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 138,436 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 31,763 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 106,673 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2016 | ||||
Current Communities [Member] | Camden Hillcrest [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 20,409 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 72,487 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 2 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 20,409 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 72,489 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 92,898 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 7,097 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 85,801 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2021 | ||||
Current Communities [Member] | Camden Landmark [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 17,339 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 71,315 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 9,573 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 17,339 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 80,888 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 98,227 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 27,714 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 70,513 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2012 | ||||
Current Communities [Member] | Camden Old Creek [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 20,360 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 71,777 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 10,343 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 20,360 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 82,120 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 102,480 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 41,584 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 60,896 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2007 | ||||
Current Communities [Member] | Camden Sierra At Otay Ranch [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 10,585 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 49,781 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 16,407 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 10,585 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 66,188 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 76,773 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 38,811 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 37,962 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2003 | ||||
Current Communities [Member] | Camden Tuscany [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 3,330 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 36,466 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 11,044 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 3,330 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 47,510 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 50,840 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 27,209 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 23,631 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2003 | ||||
Current Communities [Member] | Camden Vineyards [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 4,367 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 28,494 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 9,745 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 4,367 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 38,239 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 42,606 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 22,193 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 20,413 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2002 | ||||
Current Communities [Member] | Camden Belleview Station [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 8,091 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 44,003 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 12,054 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 8,091 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 56,057 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 64,148 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 19,693 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 44,455 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2012 | ||||
Current Communities [Member] | Camden Caley [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 2,047 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 17,445 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 13,374 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 2,047 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 30,819 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 32,866 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 20,697 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 12,169 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2000 | ||||
Current Communities [Member] | Camden Denver West [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 6,396 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 51,552 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 14,943 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 6,396 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 66,495 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 72,891 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 25,369 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 47,522 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2012 | ||||
Current Communities [Member] | Camden Flatirons [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 6,849 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 72,631 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 1,972 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 6,849 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 74,603 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 81,452 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 23,808 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 57,644 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2015 | ||||
Current Communities [Member] | Camden Highlands Ridge [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 2,612 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 34,726 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 25,936 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 2,612 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 60,662 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 63,274 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 40,231 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 23,043 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 1996 | ||||
Current Communities [Member] | Camden Interlocken [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 5,293 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 31,612 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 23,189 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 5,293 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 54,801 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 60,094 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 37,291 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 22,803 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 1999 | ||||
Current Communities [Member] | Camden Lakeway [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 3,915 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 34,129 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 32,354 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 3,915 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 66,483 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 70,398 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 45,183 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 25,215 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 1997 | ||||
Current Communities [Member] | Camden Lincoln Station [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 4,648 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 51,762 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 815 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 4,648 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 52,577 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 57,225 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 14,603 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 42,622 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2017 | ||||
Current Communities [Member] | Camden RiNo [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 15,989 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 63,147 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 152 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 15,989 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 63,299 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 79,288 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 11,814 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 67,474 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2020 | ||||
Current Communities [Member] | Camden Ashburn Farms [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 4,835 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 22,604 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 7,129 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 4,835 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 29,733 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 34,568 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 16,647 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 17,921 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2005 | ||||
Current Communities [Member] | Camden College Park [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 16,409 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 91,503 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 10,683 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 16,409 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 102,186 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 118,595 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 38,924 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 79,671 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2008 | ||||
Current Communities [Member] | Camden Dulles Station [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 10,807 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 61,548 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 14,858 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 10,807 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 76,406 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 87,213 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 34,497 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 52,716 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2008 | ||||
Current Communities [Member] | Camden Fair Lakes [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 15,515 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 104,223 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 18,634 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 15,515 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 122,857 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 138,372 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 65,764 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 72,608 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2005 | ||||
Current Communities [Member] | Camden Fairfax Corner [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 8,484 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 72,953 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 14,096 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 8,484 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 87,049 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 95,533 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 45,558 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 49,975 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2006 | ||||
Current Communities [Member] | Camden Fallsgrove [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 9,408 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 43,647 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 8,332 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 9,408 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 51,979 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 61,387 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 28,436 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 32,951 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2005 | ||||
Current Communities [Member] | Camden Grand Parc [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 7,688 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 35,900 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 6,411 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 7,688 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 42,311 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 49,999 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 22,010 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 27,989 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2005 | ||||
Current Communities [Member] | Camden Landsdowne [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 15,502 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 102,267 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 30,138 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 15,502 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 132,405 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 147,907 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 73,035 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 74,872 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2005 | ||||
Current Communities [Member] | Camden Monument Place [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 9,030 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 54,089 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 12,142 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 9,030 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 66,231 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 75,261 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 31,411 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 43,850 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2007 | ||||
Current Communities [Member] | Camden NoMa [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 19,442 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 82,306 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 1,691 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 19,442 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 83,997 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 103,439 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 28,122 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 75,317 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2014 | ||||
Current Communities [Member] | Camden NoMa II [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 17,331 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 91,211 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 461 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 17,331 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 91,672 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 109,003 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 36,594 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 72,409 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2017 | ||||
Current Communities [Member] | Camden Potomac Yard [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 16,498 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 88,317 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 16,146 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 16,498 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 104,463 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 120,961 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 48,331 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 72,630 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2008 | ||||
Current Communities [Member] | Camden Roosevelt [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 11,470 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 45,785 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 7,845 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 11,470 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 53,630 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 65,100 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 28,164 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 36,936 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2005 | ||||
Current Communities [Member] | Camden Shady Grove [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 24,177 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 89,820 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 1,114 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 24,177 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 90,934 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 115,111 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 31,554 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 83,557 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2018 | ||||
Current Communities [Member] | Camden Silo Creek [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 9,707 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 45,301 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 10,634 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 9,707 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 55,935 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 65,642 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 29,907 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 35,735 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2005 | ||||
Current Communities [Member] | Camden South Capitol | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 24,829 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 117,638 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 230 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 24,829 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 117,868 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 142,697 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 5,690 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | 137,007 | ||||
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Amount of Encumbrances | $ 51,757 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2022 | ||||
Current Communities [Member] | Camden Washingtonian [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 13,512 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 75,134 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 389 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 13,512 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 75,523 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 89,035 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 21,156 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 67,879 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2018 | ||||
Current Communities [Member] | Camden Atlantic [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 9,000 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 91,225 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 0 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 9,000 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 91,225 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 100,225 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 1,808 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 98,417 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2022 | ||||
Current Communities [Member] | Camden Aventura [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 12,185 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 47,616 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 17,136 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 12,185 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 64,752 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 76,937 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 37,495 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 39,442 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2005 | ||||
Current Communities [Member] | Camden Boca Raton [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 2,201 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 50,057 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 1,762 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 2,201 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 51,819 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 54,020 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 16,028 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 37,992 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2014 | ||||
Current Communities [Member] | Camden Brickell [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 14,621 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 57,031 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 41,643 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 14,621 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 98,674 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 113,295 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 53,038 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 60,257 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2005 | ||||
Current Communities [Member] | Camden Doral [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 10,260 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 40,416 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 9,124 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 10,260 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 49,540 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 59,800 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 27,862 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 31,938 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2005 | ||||
Current Communities [Member] | Camden Doral Villas [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 6,476 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 25,543 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 9,258 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 6,476 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 34,801 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 41,277 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 20,382 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 20,895 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2005 | ||||
Current Communities [Member] | Camden Las Olas [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 12,395 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 79,518 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 35,066 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 12,395 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 114,584 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 126,979 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 61,891 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 65,088 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2005 | ||||
Current Communities [Member] | Camden Plantation [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 6,299 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 77,964 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 21,608 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 6,299 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 99,572 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 105,871 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 52,039 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 53,832 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2005 | ||||
Current Communities [Member] | Camden Portofino [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 9,867 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 38,702 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 13,287 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 9,867 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 51,989 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 61,856 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 28,702 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 33,154 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2005 | ||||
Current Communities [Member] | Camden Hunters Creek [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 4,156 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 20,925 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 8,195 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 4,156 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 29,120 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 33,276 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 16,915 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 16,361 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2005 | ||||
Current Communities [Member] | Camden Lago Vista [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 3,497 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 29,623 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 7,428 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 3,497 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 37,051 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 40,548 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 21,617 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 18,931 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2005 | ||||
Current Communities [Member] | Camden Lake Eola [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 11,374 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 113,699 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 199 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 11,374 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 113,898 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 125,272 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 13,490 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 111,782 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2021 | ||||
Current Communities [Member] | Camden LaVina [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 12,907 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 42,617 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 6,876 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 12,907 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 49,493 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 62,400 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 18,210 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 44,190 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2012 | ||||
Current Communities [Member] | Camden Lee Vista [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 4,350 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 34,643 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 20,723 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 4,350 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 55,366 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 59,716 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 34,496 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 25,220 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2000 | ||||
Current Communities [Member] | Camden North Quarter [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 9,990 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 68,471 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 2,010 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 9,990 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 70,481 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 80,471 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 20,756 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 59,715 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2018 | ||||
Current Communities [Member] | Camden Orange Court [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 5,319 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 40,733 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 5,827 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 5,319 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 46,560 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 51,879 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 21,968 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 29,911 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2008 | ||||
Current Communities [Member] | Camden Thornton Park [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 11,711 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 74,628 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 4,963 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 11,711 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 79,591 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 91,302 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 20,559 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 70,743 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2018 | ||||
Current Communities [Member] | Camden Town Square [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 13,127 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 45,997 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 2,287 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 13,127 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 48,284 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 61,411 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 17,480 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 43,931 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2012 | ||||
Current Communities [Member] | Camden Waterford Lakes | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 19,504 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 65,647 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 534 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 19,504 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 66,181 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 85,685 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 4,061 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | 81,624 | ||||
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Amount of Encumbrances | $ 29,418 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2022 | ||||
Current Communities [Member] | Camden World Gateway [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 5,785 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 51,821 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 10,996 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 5,785 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 62,817 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 68,602 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 34,191 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 34,411 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2005 | ||||
Current Communities [Member] | Camden Bay [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 7,450 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 63,283 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 39,410 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 7,450 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 102,693 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 110,143 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 63,807 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 46,336 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 1998/2002 | ||||
Current Communities [Member] | Camden Central | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 21,780 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 149,251 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 1,986 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 21,780 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 151,237 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 173,017 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 14,903 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 158,114 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2021 | ||||
Current Communities [Member] | Camden Montague [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 3,576 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 16,534 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 1,332 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 3,576 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 17,866 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 21,442 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 7,158 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 14,284 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2012 | ||||
Current Communities [Member] | Camden Pier District [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 21,092 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 105,383 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 3,844 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 21,092 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 109,227 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 130,319 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 32,006 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 98,313 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2018 | ||||
Current Communities [Member] | Camden Preserve [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 1,206 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 17,982 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 15,239 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 1,206 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 33,221 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 34,427 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 24,874 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 9,553 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 1997 | ||||
Current Communities [Member] | Camden Royal Palms [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 2,147 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 38,339 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 6,014 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 2,147 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 44,353 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 46,500 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 21,785 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 24,715 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2007 | ||||
Current Communities [Member] | Camden Visconti | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 27,031 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 114,061 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 2,202 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 27,031 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 116,263 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 143,294 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 6,457 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | 136,837 | ||||
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Amount of Encumbrances | $ 38,298 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2022 | ||||
Current Communities [Member] | Camden Westchase Park [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 11,955 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 36,254 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 2,488 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 11,955 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 38,742 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 50,697 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 14,128 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 36,569 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2012 | ||||
Current Communities [Member] | Camden Brookwood [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 7,174 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 31,984 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 18,790 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 7,174 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 50,774 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 57,948 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 28,182 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 29,766 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2005 | ||||
Current Communities [Member] | Camden Buckhead [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 7,761 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 156,423 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 27 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 7,761 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 156,450 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 164,211 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 16,203 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 148,008 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2022 | ||||
Current Communities [Member] | Camden Buckhead Square [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 13,200 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 43,785 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 2,243 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 13,200 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 46,028 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 59,228 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 11,156 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 48,072 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2017 | ||||
Current Communities [Member] | Camden Creekstone [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 5,017 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 19,912 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 6,812 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 5,017 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 26,724 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 31,741 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 10,949 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 20,792 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2012 | ||||
Current Communities [Member] | Camden Deerfield [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 4,895 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 21,922 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 15,763 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 4,895 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 37,685 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 42,580 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 21,123 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 21,457 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2005 | ||||
Current Communities [Member] | Camden Dunwoody [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 5,290 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 23,642 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 11,874 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 5,290 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 35,516 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 40,806 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 21,238 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 19,568 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2005 | ||||
Current Communities [Member] | Camden Fourth Ward [Member] [Domain] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 10,477 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 51,258 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 2,692 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 10,477 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 53,950 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 64,427 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 17,675 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 46,752 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2014 | ||||
Current Communities [Member] | Camden Midtown Atlanta [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 6,196 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 33,828 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 13,940 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 6,196 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 47,768 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 53,964 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 27,737 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 26,227 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2005 | ||||
Current Communities [Member] | Camden Paces [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 15,262 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 102,521 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 2,558 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 15,262 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 105,079 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 120,341 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 33,550 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 86,791 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2015 | ||||
Current Communities [Member] | Camden Peachtree City [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 6,536 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 29,063 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 10,138 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 6,536 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 39,201 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 45,737 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 22,713 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 23,024 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2005 | ||||
Current Communities [Member] | Camden Phipps | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 26,840 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 71,006 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 2,003 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 26,840 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 73,009 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 99,849 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 3,676 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | 96,173 | ||||
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Amount of Encumbrances | $ 19,297 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2022 | ||||
Current Communities [Member] | Camden Shiloh [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 4,181 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 18,798 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 7,161 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 4,181 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 25,959 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 30,140 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 15,802 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 14,338 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2005 | ||||
Current Communities [Member] | Camden St Clair [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 7,526 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 27,486 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 10,703 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 7,526 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 38,189 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 45,715 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 22,486 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 23,229 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2005 | ||||
Current Communities [Member] | Camden Stockbridge [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 5,071 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 22,693 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 6,465 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 5,071 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 29,158 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 34,229 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 16,842 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 17,387 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2005 | ||||
Current Communities [Member] | Camden Vantage [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 11,787 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 68,822 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 20,055 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 11,787 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 88,877 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 100,664 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 29,260 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 71,404 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2013 | ||||
Current Communities [Member] | Camden Ballantyne [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 4,503 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 30,250 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 12,234 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 4,503 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 42,484 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 46,987 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 24,777 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 22,210 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2005 | ||||
Current Communities [Member] | Camden Cotton Mills [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 4,246 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 19,147 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 8,810 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 4,246 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 27,957 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 32,203 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 16,928 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 15,275 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2005 | ||||
Current Communities [Member] | CoWork by Camden [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 814 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 3,422 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 25 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 814 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 3,447 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 4,261 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 913 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 3,348 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2019 | ||||
Current Communities [Member] | Camden Dilworth [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 516 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 16,633 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 6,572 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 516 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 23,205 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 23,721 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 11,951 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 11,770 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2006 | ||||
Current Communities [Member] | Camden Fairview [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 1,283 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 7,223 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 6,381 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 1,283 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 13,604 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 14,887 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 8,268 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 6,619 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2005 | ||||
Current Communities [Member] | Camden Foxcroft [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 1,408 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 7,919 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 6,810 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 1,408 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 14,729 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 16,137 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 8,748 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 7,389 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2005 | ||||
Current Communities [Member] | Camden Foxcroft II [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 1,152 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 6,499 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 4,705 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 1,152 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 11,204 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 12,356 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 6,701 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 5,655 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2005 | ||||
Current Communities [Member] | Camden Gallery [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 7,930 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 51,957 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 1,452 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 7,930 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 53,409 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 61,339 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 15,029 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 46,310 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2017 | ||||
Current Communities [Member] | Camden Grandview [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 7,570 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 33,859 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 17,019 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 7,570 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 50,878 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 58,448 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 29,130 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 29,318 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2005 | ||||
Current Communities [Member] | Camden Grandview II [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 4,656 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 17,852 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 173 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 4,656 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 18,025 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 22,681 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 4,115 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 18,566 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2019 | ||||
Current Communities [Member] | Camden Sedgebrook [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 5,266 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 29,211 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 14,484 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 5,266 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 43,695 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 48,961 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 23,551 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 25,410 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2005 | ||||
Current Communities [Member] | Camden South End [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 6,625 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 29,175 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 18,972 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 6,625 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 48,147 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 54,772 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 27,454 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 27,318 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2005 | ||||
Current Communities [Member] | Camden Southline | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 29,754 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 74,533 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 157 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 29,754 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 74,690 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 104,444 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 3,787 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | 100,657 | ||||
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Amount of Encumbrances | $ 32,314 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2022 | ||||
Current Communities [Member] | Camden Stonecrest [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 3,941 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 22,021 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 8,737 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 3,941 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 30,758 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 34,699 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 18,373 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 16,326 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2005 | ||||
Current Communities [Member] | Camden Touchstone [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 1,203 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 6,772 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 4,767 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 1,203 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 11,539 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 12,742 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 7,107 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 5,635 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2005 | ||||
Current Communities [Member] | Camden Asbury Village | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 17,510 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 79,585 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 629 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 17,510 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 80,214 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 97,724 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 4,407 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | 93,317 | ||||
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Amount of Encumbrances | $ 29,317 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2022 | ||||
Current Communities [Member] | Camden Carolinian [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 14,765 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 56,674 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 1,350 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 14,765 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 58,024 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 72,789 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 10,279 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 62,510 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2019 | ||||
Current Communities [Member] | Camden Crest [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 4,412 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 31,108 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 16,266 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 4,412 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 47,374 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 51,786 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 23,100 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 28,686 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2005 | ||||
Current Communities [Member] | Camden Governors Village [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 3,669 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 20,508 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 9,182 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 3,669 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 29,690 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 33,359 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 16,835 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 16,524 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2005 | ||||
Current Communities [Member] | Camden Lake Pine [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 5,746 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 31,714 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 17,316 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 5,746 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 49,030 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 54,776 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 29,109 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 25,667 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2005 | ||||
Current Communities [Member] | Camden Manor Park [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 2,535 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 47,159 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 13,745 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 2,535 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 60,904 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 63,439 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 32,359 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 31,080 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2006 | ||||
Current Communities [Member] | Camden Overlook [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 4,591 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 25,563 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 12,366 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 4,591 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 37,929 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 42,520 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 23,218 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 19,302 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2005 | ||||
Current Communities [Member] | Camden Reunion Park [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 2,931 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 18,457 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 13,460 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 2,931 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 31,917 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 34,848 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 19,344 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 15,504 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2005 | ||||
Current Communities [Member] | Camden Westwood [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 4,567 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 25,519 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 13,205 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 4,567 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 38,724 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 43,291 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 21,296 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 21,995 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2005 | ||||
Current Communities [Member] | Camden Franklin park | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 13,785 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 88,573 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 2,286 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 13,785 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 90,859 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 104,644 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 10,602 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 94,042 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2021 | ||||
Current Communities [Member] | Camden Music Row | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 21,802 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 152,340 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 1,531 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 21,802 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 153,871 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 175,673 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 16,545 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 159,128 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2021 | ||||
Current Communities [Member] | Camden Amber Oaks | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 9,987 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 68,719 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 360 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 9,987 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 69,079 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 79,066 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 4,370 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | 74,696 | ||||
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Amount of Encumbrances | $ 22,297 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2022 | ||||
Current Communities [Member] | Camden Amber Oaks II | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 7,973 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 50,052 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 220 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 7,973 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 50,272 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 58,245 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 3,181 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | 55,064 | ||||
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Amount of Encumbrances | $ 17,797 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2022 | ||||
Current Communities [Member] | Camden Brushy Creek | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 9,618 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 54,076 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 335 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 9,618 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 54,411 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 64,029 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 3,000 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | 61,029 | ||||
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Amount of Encumbrances | $ 12,066 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2022 | ||||
Current Communities [Member] | Camden Cedar Hills [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 2,684 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 20,931 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 5,726 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 2,684 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 26,657 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 29,341 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 12,906 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 16,435 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2008 | ||||
Current Communities [Member] | Camden Gaines Ranch [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 5,094 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 37,100 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 12,744 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 5,094 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 49,844 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 54,938 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 28,862 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 26,076 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2005 | ||||
Current Communities [Member] | Camden Huntingdon [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 2,289 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 17,393 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 16,852 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 2,289 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 34,245 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 36,534 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 24,559 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 11,975 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 1995 | ||||
Current Communities [Member] | Camden La Frontera [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 3,250 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 32,376 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 1,582 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 3,250 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 33,958 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 37,208 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 11,415 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 25,793 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2015 | ||||
Current Communities [Member] | Camden Lamar Heights [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 3,988 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 42,773 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 1,502 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 3,988 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 44,275 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 48,263 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 14,671 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 33,592 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2015 | ||||
Current Communities [Member] | Camden Rainey Street [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 30,044 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 85,477 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 2,420 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 30,044 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 87,897 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 117,941 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 19,118 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 98,823 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2019 | ||||
Current Communities [Member] | Camden Shadow Brook | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 18,039 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 101,572 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 507 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 18,039 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 102,079 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 120,118 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 5,633 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | 114,485 | ||||
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Amount of Encumbrances | $ 23,396 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2022 | ||||
Current Communities [Member] | Camden Stoneleigh [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 3,498 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 31,285 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 11,367 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 3,498 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 42,652 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 46,150 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 23,764 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 22,386 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2006 | ||||
Current Communities [Member] | Camden Addison [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 11,516 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 29,332 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 10,459 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 11,516 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 39,791 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 51,307 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 18,811 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 32,496 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2012 | ||||
Current Communities [Member] | Camden Belmont [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 12,521 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 61,522 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 8,459 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 12,521 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 69,981 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 82,502 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 25,971 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 56,531 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2012 | ||||
Current Communities [Member] | Camden Buckingham [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 2,704 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 21,251 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 13,570 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 2,704 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 34,821 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 37,525 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 26,061 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 11,464 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 1997 | ||||
Current Communities [Member] | Camden Centreport [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 1,613 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 12,644 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 8,495 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 1,613 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 21,139 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 22,752 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 15,715 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 7,037 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 1997 | ||||
Current Communities [Member] | Camden Cimarron [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 2,231 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 14,092 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 9,619 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 2,231 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 23,711 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 25,942 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 20,090 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 5,852 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 1997 | ||||
Current Communities [Member] | Camden Design District | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 30,004 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 90,678 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 477 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 30,004 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 91,155 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 121,159 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 4,656 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | 116,503 | ||||
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Amount of Encumbrances | $ 27,065 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2022 | ||||
Current Communities [Member] | Camden Farmers Market [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 17,341 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 74,193 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 36,860 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 17,341 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 111,053 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 128,394 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 70,360 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 58,034 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2001/2005 | ||||
Current Communities [Member] | Camden Greenville | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 42,645 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 116,923 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 2,610 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 42,645 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 119,533 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 162,178 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 7,420 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 154,758 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2021 | ||||
Current Communities [Member] | Camden Henderson [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 3,842 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 15,256 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 1,373 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 3,842 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 16,629 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 20,471 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 6,362 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 14,109 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2012 | ||||
Current Communities [Member] | Camden Legacy Creek [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 2,052 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 12,896 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 8,797 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 2,052 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 21,693 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 23,745 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 17,011 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 6,734 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 1997 | ||||
Current Communities [Member] | Camden Legacy Park [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 2,560 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 15,449 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 13,321 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 2,560 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 28,770 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 31,330 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 20,182 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 11,148 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 1997 | ||||
Current Communities [Member] | Camden Panther Creek | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 8,850 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 62,860 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 322 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 8,850 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 63,182 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 72,032 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 3,478 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | 68,554 | ||||
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Amount of Encumbrances | $ 14,325 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2022 | ||||
Current Communities [Member] | Camden Riverwalk | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 24,961 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 133,698 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 750 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 24,961 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 134,448 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 159,409 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 7,424 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | 151,985 | ||||
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Amount of Encumbrances | $ 39,140 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2022 | ||||
Current Communities [Member] | Camden Valley Park [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 3,096 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 14,667 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 18,842 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 3,096 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 33,509 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 36,605 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 30,535 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 6,070 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 1994 | ||||
Current Communities [Member] | Camden Victory Park [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 13,445 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 71,735 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 1,827 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 13,445 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 73,562 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 87,007 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 21,285 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 65,722 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2016 | ||||
Current Communities [Member] | Camden City Centre [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 4,976 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 44,735 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 15,010 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 4,976 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 59,745 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 64,721 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 28,869 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 35,852 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2007 | ||||
Current Communities [Member] | Camden City Centre II [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 5,101 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 28,131 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 1,148 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 5,101 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 29,279 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 34,380 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 10,784 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 23,596 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2013 | ||||
Current Communities [Member] | Camden Cypress Creek | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 8,282 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 69,368 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 282 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 8,282 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 69,650 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 77,932 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 3,840 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | 74,092 | ||||
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Amount of Encumbrances | $ 12,301 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2022 | ||||
Current Communities [Member] | Camden Cypress Creek II | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 5,940 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 50,102 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 50 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 5,940 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 50,152 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 56,092 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 2,765 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | 53,327 | ||||
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Amount of Encumbrances | $ 18,851 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2022 | ||||
Current Communities [Member] | Camden Downs at Cinco Ranch | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 8,285 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 77,053 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 678 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 8,285 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 77,731 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 86,016 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 4,288 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | 81,728 | ||||
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Amount of Encumbrances | $ 19,969 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2022 | ||||
Current Communities [Member] | Camden Downtown I [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 7,813 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 123,819 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 436 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 7,813 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 124,255 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 132,068 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 26,602 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 105,466 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2020 | ||||
Current Communities [Member] | Camden Grand Harbor | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 7,841 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 64,834 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 316 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 7,841 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 65,150 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 72,991 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 3,594 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | 69,397 | ||||
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Amount of Encumbrances | $ 11,583 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2022 | ||||
Current Communities [Member] | Camden Greenway [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 16,916 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 43,933 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 25,797 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 16,916 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 69,730 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 86,646 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 51,227 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 35,419 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 1999 | ||||
Current Communities [Member] | Camden Heights | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 34,079 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 88,824 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 753 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 34,079 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 89,577 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 123,656 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 4,585 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | 119,071 | ||||
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Amount of Encumbrances | $ 31,747 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2022 | ||||
Current Communities [Member] | Camden Highland Village [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 28,536 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 111,802 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 7,031 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 28,536 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 118,833 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 147,369 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 23,764 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 123,605 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2019 | ||||
Current Communities [Member] | Camden Holly Springs [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 11,108 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 42,852 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 15,470 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 11,108 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 58,322 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 69,430 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 26,364 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 43,066 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2012 | ||||
Current Communities [Member] | Camden McGowen Station [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 6,089 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 85,038 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 1,751 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 6,089 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 86,789 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 92,878 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 25,794 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 67,084 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2018 | ||||
Current Communities [Member] | Camden Midtown [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 4,583 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 18,026 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 13,398 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 4,583 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 31,424 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 36,007 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 23,761 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 12,246 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 1999 | ||||
Current Communities [Member] | Camden Northpointe | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 5,593 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 81,289 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 380 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 5,593 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 81,669 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 87,262 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 4,512 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | 82,750 | ||||
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Amount of Encumbrances | $ 15,439 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2022 | ||||
Current Communities [Member] | Camden Plaza [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 7,204 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 31,044 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 10,072 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 7,204 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 41,116 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 48,320 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 15,931 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 32,389 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2007 | ||||
Current Communities [Member] | Camden Post Oak [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 14,056 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 92,515 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 22,791 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 14,056 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 115,306 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 129,362 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 42,997 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 86,365 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2013 | ||||
Current Communities [Member] | Camden Royal Oaks [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 1,055 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 20,046 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 5,464 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 1,055 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 25,510 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 26,565 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 13,639 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 12,926 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2006 | ||||
Current Communities [Member] | Camden Royal Oaks II [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 587 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 12,743 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 39 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 587 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 12,782 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 13,369 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 4,793 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 8,576 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2012 | ||||
Current Communities [Member] | Camden Spring Creek | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 12,317 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 73,942 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 670 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 12,317 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 74,612 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 86,929 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 4,115 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | 82,814 | ||||
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Amount of Encumbrances | $ 20,668 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2022 | ||||
Current Communities [Member] | Camden Stonebridge [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 1,016 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 7,137 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 8,225 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 1,016 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 15,362 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 16,378 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 12,383 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 3,995 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 1993 | ||||
Current Communities [Member] | Camden Sugar Grove [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 7,614 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 27,594 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 6,848 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 7,614 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 34,442 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 42,056 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 14,133 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 27,923 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2012 | ||||
Current Communities [Member] | Camden Travis Street [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 1,780 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 29,104 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 2,863 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 1,780 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 31,967 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 33,747 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 14,318 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 19,429 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2010 | ||||
Current Communities [Member] | Camden Vanderbilt [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 16,076 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 44,918 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 33,449 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 16,076 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 78,367 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 94,443 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 59,135 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 35,308 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 1994/1997 | ||||
Current Communities [Member] | Camden Whispering Oaks [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 1,188 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 26,242 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 3,576 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 1,188 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 29,818 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 31,006 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 14,309 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 16,697 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2008 | ||||
Current Communities [Member] | Camden Woodson Park | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 3,995 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 62,430 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 297 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 3,995 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 62,727 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 66,722 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 3,433 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | 63,289 | ||||
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Amount of Encumbrances | $ 11,767 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2022 | ||||
Current Communities [Member] | Camden Yorktown | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 6,673 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 68,568 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 316 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 6,673 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 68,884 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 75,557 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 3,801 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | 71,756 | ||||
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Amount of Encumbrances | $ 16,177 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | 2022 | ||||
Construction Communities [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 0 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 354,291 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 0 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 0 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 354,291 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 354,291 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 1,994 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | 352,297 | ||||
Construction Communities [Member] | Camden Tempe II | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | [1] | 101,302 | |||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | [1] | 101,302 | |||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | [1] | 101,302 | |||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | [1] | 1,979 | |||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | [1] | $ 99,323 | |||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | [1] | N/A | |||
Construction Communities [Member] | Camden NoDa [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | $ 95,587 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 95,587 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 95,587 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 15 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 95,572 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | N/A | ||||
Construction Communities [Member] | Camden Durham | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | $ 82,583 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 82,583 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 82,583 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 82,583 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | N/A | ||||
Construction Communities [Member] | Camden Village District | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | $ 41,044 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 41,044 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 41,044 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 41,044 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | N/A | ||||
Construction Communities [Member] | Camden Woodmill Creek | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | $ 19,189 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 19,189 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 19,189 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 19,189 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | N/A | ||||
Construction Communities [Member] | Camden Long Meadow Farms | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | $ 14,586 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 14,586 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 14,586 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 14,586 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | N/A | ||||
Development Pipeline Communities [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 0 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 237,960 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 0 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 0 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 237,960 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 237,960 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 0 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | 237,960 | ||||
Development Pipeline Communities [Member] | Camden Blakeney | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 21,710 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 21,710 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 21,710 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 21,710 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | N/A | ||||
Development Pipeline Communities [Member] | Camden South Charlotte | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | $ 24,829 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 24,829 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 24,829 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 24,829 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | N/A | ||||
Development Pipeline Communities [Member] | Camden Nations | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | $ 33,269 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 33,269 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 33,269 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 33,269 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | N/A | ||||
Development Pipeline Communities [Member] | Camden Baker | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | $ 29,510 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 29,510 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 29,510 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 29,510 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | N/A | ||||
Development Pipeline Communities [Member] | Camden Highland Village II | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | $ 9,731 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 9,731 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 9,731 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 9,731 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | N/A | ||||
Development Pipeline Communities [Member] | Camden Gulch | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | $ 43,732 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 43,732 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 43,732 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 43,732 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | N/A | ||||
Development Pipeline Communities [Member] | Camden Paces III [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | $ 20,627 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 20,627 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 20,627 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 20,627 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | N/A | ||||
Development Pipeline Communities [Member] | Camden Arts District [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | $ 41,094 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 41,094 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 41,094 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 41,094 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | N/A | ||||
Development Pipeline Communities [Member] | Camden Downtown II [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | $ 13,458 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 13,458 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 13,458 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 13,458 | ||||
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date | N/A | ||||
Corporate [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | $ 0 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 6,274 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 0 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 0 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 6,274 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 6,274 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 0 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | 6,274 | ||||
Total Land Holdings and Corporate [Member] | |||||
Real Estate and Accumulated Depreciation, Initial Cost of Land | 0 | ||||
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements | 6,274 | ||||
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 0 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land | 0 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements | 6,274 | ||||
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements | 6,274 | ||||
Real Estate and Accumulated Depreciation, Accumulated Depreciation | 0 | ||||
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation | $ 6,274 | ||||
[1]Property is in lease-up at December 31, 2022. Balances presented here include costs which are included in buildings and improvements and land on the consolidated balance sheet at December 31, 2022. These costs related to completed unit turns for this property. |
Schedule III - Real Estate an_4
Schedule III - Real Estate and Accumulated Depreciation (Changes in Total Real Estate Assets and Accumulated Depreciation) (Details) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Schedule III - Real Estate and Accumulated Depreciation [Abstract] | |||
Balance, beginning of period | $ 10,449,067 | $ 9,553,177 | $ 9,115,793 |
Acquisition of operating properties and unconsolidated joint ventures | 2,068,440 | 607,099 | 0 |
Development and repositions | 352,174 | 346,173 | 349,890 |
Improvements | 105,321 | 87,297 | 87,865 |
Cost of real estate sold – other | (59,129) | (144,679) | (371) |
Balance, end of period | 12,915,873 | 10,449,067 | 9,553,177 |
Balance, Beginning of period | 3,358,027 | 3,034,186 | 2,686,025 |
Depreciation of real estate assets | 515,413 | 387,432 | 348,161 |
Dispositions | (25,329) | (63,591) | 0 |
Balance, End of period | 3,848,111 | $ 3,358,027 | $ 3,034,186 |
Real Estate, Federal Income Tax Basis | $ 10,800,000 |
Schedule IV - Mortgage Loans _3
Schedule IV - Mortgage Loans on Real Estate (Details) - USD ($) $ in Thousands | 12 Months Ended | |||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Schedule IV - Mortgage Loans on Real Estate [Line Items] | ||||
Federal Income Tax Basis | $ 3,532 | |||
Carrying amount of mortgages | $ 3,532 | $ 4,978 | $ 6,423 | $ 7,868 |
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Final Maturity Date | Oct. 01, 2025 | |||
Parking Garage, Developer Advances [Member] | ||||
Schedule IV - Mortgage Loans on Real Estate [Line Items] | ||||
Face Amount of Mortgage Loans | $ 18,790 | |||
Carrying amount of mortgages | $ 3,532 | |||
Minimum [Member] | Parking Garage, Developer Advances [Member] | ||||
Schedule IV - Mortgage Loans on Real Estate [Line Items] | ||||
Interest Rate on Mortgage Loans | 7% |
Schedule IV - Mortgage Loans _4
Schedule IV - Mortgage Loans on Real Estate (Changes in Mortgage Loans) (Details) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Abstract] | |||
Balance, beginning of period | $ 4,978 | $ 6,423 | $ 7,868 |
Deductions | (1,446) | (1,445) | (1,445) |
Balance, end of period | $ 3,532 | $ 4,978 | $ 6,423 |