v3.25.2
Subsequent Events (Details)
1 Months Ended 3 Months Ended 6 Months Ended
Aug. 01, 2025
USD ($)
Aug. 31, 2025
Jul. 31, 2025
USD ($)
Apr. 30, 2025
Jun. 30, 2025
USD ($)
Jun. 30, 2025
USD ($)
home
Jun. 30, 2024
USD ($)
Subsequent Event [Line Items]              
Payments to acquire other real estate           $ 384,495,000 $ 62,192,000
Credit Facility              
Subsequent Event [Line Items]              
Current interest rate (as a percent)         5.16% 5.16%  
Debt instrument, basis spread on variable rate (as a percent)         0.705%    
Variable Rate Unsecured Term Loan $450 Million | Unsecured notes              
Subsequent Event [Line Items]              
Assumption of fixed rate mortgage loan         $ 450,000,000 $ 450,000,000  
Current interest rate (as a percent)         4.46% 4.46%  
Debt instrument, basis spread on variable rate (as a percent)         0.78%    
Minimum              
Subsequent Event [Line Items]              
Debt instrument, basis spread on variable rate (as a percent)       (0.02%)      
Minimum | Credit Facility              
Subsequent Event [Line Items]              
Debt instrument, basis spread on variable rate (as a percent)         0.65%    
Minimum | Variable Rate Unsecured Term Loan $450 Million              
Subsequent Event [Line Items]              
Debt instrument, basis spread on variable rate (as a percent)       0.70%      
Maximum              
Subsequent Event [Line Items]              
Debt instrument, basis spread on variable rate (as a percent)       0.02%      
Maximum | Credit Facility              
Subsequent Event [Line Items]              
Debt instrument, basis spread on variable rate (as a percent)         1.40%    
Maximum | Variable Rate Unsecured Term Loan $450 Million              
Subsequent Event [Line Items]              
Debt instrument, basis spread on variable rate (as a percent)       1.60%      
DownREIT Partnership              
Subsequent Event [Line Items]              
Apartment homes acquired | home           1,844  
Payments to acquire other real estate           $ 193,000,000  
Subsequent Event | Unsecured Notes 5.000 Percent              
Subsequent Event [Line Items]              
Assumption of fixed rate mortgage loan     $ 400,000,000        
Proceeds from Issuance of Debt     $ 394,888,000        
Subsequent Event | Unsecured Notes 5.000 Percent | Unsecured notes              
Subsequent Event [Line Items]              
Fixed interest rate     5.00%        
Current interest rate (as a percent)     5.05%        
Subsequent Event | Variable Rate Unsecured Term Loan $450 Million              
Subsequent Event [Line Items]              
Assumption of fixed rate mortgage loan $ 550,000,000            
Current interest rate (as a percent) 4.44%            
Debt instrument, increase (decrease), other, net $ 100,000,000            
Subsequent Event | Minimum              
Subsequent Event [Line Items]              
Debt instrument, basis spread on variable rate (as a percent) (0.02%)            
Subsequent Event | Minimum | Credit Facility              
Subsequent Event [Line Items]              
Commitment fee, percentage   (0.005%)          
Subsequent Event | Maximum              
Subsequent Event [Line Items]              
Debt instrument, basis spread on variable rate (as a percent) 0.02%            
Subsequent Event | Maximum | Credit Facility              
Subsequent Event [Line Items]              
Commitment fee, percentage   0.005%