CAMDEN PROPERTY TRUST, 10-K filed on 2/20/2025
Annual Report
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Document And Entity Information - USD ($)
 12 Months Ended
Dec. 31, 2024
Feb. 13, 2025
Jun. 30, 2024
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, 2024    
Amendment Flag false    
Document Fiscal Year Focus 2024    
Document Financial Statement Error Correction false    
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   106,757,212  
ICFR Auditor Attestation Flag true    
Share Price     $ 109.11
Entity Public Float     $ 11,569,433,678
Entity Interactive Data Current Yes    
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Audit Information
 12 Months Ended
Dec. 31, 2024
Audit Information [Abstract]  
Auditor Name DELOITTE & TOUCHE LLP
Auditor Firm ID 34
Auditor Location Houston, Texas
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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Assets    
Land $ 1,722,526 $ 1,711,873
Buildings and improvements 11,319,460 10,993,390
Real estate assets, at cost, total 13,041,986 12,705,263
Accumulated depreciation (4,867,422) (4,332,524)
Net operating real estate assets 8,174,564 8,372,739
Properties under development and land 401,542 486,864
Total real estate assets 8,576,106 8,859,603
Accounts receivable – affiliates 8,991 11,905
Other assets, net 234,838 244,182
Cash and cash equivalents 21,045 259,686
Restricted cash 11,164 8,361
Total assets 8,852,144 9,383,737
Liabilities    
Unsecured notes payable 3,155,233 3,385,309
Secured Debt 330,358 330,127
Accounts payable and accrued expenses 215,179 222,599
Accrued real estate taxes 78,529 96,517
Distributions payable 113,549 110,427
Other liabilities 212,107 186,987
Total liabilities 4,104,955 4,331,966
Commitments and contingencies (Note 13)
Equity    
Common shares of beneficial interest; $0.01 par value per share; 175,000,000 shares authorized; 117,737,740 and 117,737,712 issued; 115,779,233 and 115,640,369 outstanding at December 31, 2024 and 2023, respectively 1,158 1,156
Additional paid-in capital 5,930,729 5,914,868
Distributions in excess of net income attributable to common shareholders (897,931) (613,651)
Treasury shares, at cost (9,091,081 and 8,859,556 common shares, at December 31, 2024 and 2023, respectively) (359,732) (320,364)
Accumulated other comprehensive income (loss) 974 (1,252)
Total common equity 4,675,198 4,980,757
Non-controlling interests 71,991 71,014
Total equity 4,747,189 5,051,771
Total liabilities and equity $ 8,852,144 $ 9,383,737
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Consolidated Balance Sheets (Parenthetical) - $ / shares
Dec. 31, 2024
Dec. 31, 2023
Statement of Financial Position [Abstract]    
Common shares, par value, per share $ 0.01  
Common shares, authorized 175,000,000  
Common shares, issued 117,737,740 117,737,712
Common shares, outstanding 115,779,233 115,640,369
Treasury Stock, Common, Shares 9,091,081 8,859,556
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Consolidated Statements Of Income And Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Property revenues      
Property revenues $ 1,543,842 $ 1,542,027 $ 1,422,756
Property expenses      
Property operating and maintenance 365,681 353,911 315,737
Real estate taxes 193,124 195,009 182,344
Total property expenses 558,805 548,920 498,081
Non-property income      
Fee and asset management 7,137 3,451 5,188
Interest and other income 4,420 879 3,019
Income/(loss) on deferred compensation plans 12,629 15,398 (19,637)
Total non-property income/(loss) 24,186 19,728 (11,430)
Other expenses      
Property management 38,331 33,706 28,601
Fee and asset management 2,200 1,717 2,516
General and administrative 72,365 62,506 60,413
Interest 129,815 133,395 113,424
Depreciation and amortization 582,014 574,813 577,020
Expense/(benefit) on deferred compensation plans 12,629 15,398 (19,637)
Total other expenses 837,354 821,535 762,337
Impairment associated with land development activities (40,988) 0 0
Loss on early retirement of debt (921) (2,513) 0
Gain on sale of operating properties 43,806 225,416 36,372
Gain on acquisition of unconsolidated joint venture interests 0 0 474,146
Equity in income of joint ventures 0 0 3,048
Income from continuing operations before income taxes 173,766 414,203 664,474
Income tax expense (2,926) (3,650) (2,966)
Net income 170,840 410,553 661,508
Net income allocated to non-controlling interests (7,547) (7,244) (7,895)
Net income attributable to common shareholders $ 163,293 $ 403,309 $ 653,613
Total earnings per common share – basic $ 1.50 $ 3.71 $ 6.07
Total earnings per common share – diluted $ 1.50 $ 3.70 $ 6.04
Weighted average number of common shares outstanding – basic 108,491 108,653 107,605
Weighted average number of common shares outstanding – diluted 108,539 109,399 108,388
Consolidated Statements of Comprehensive Income:      
Net income $ 170,840 $ 410,553 $ 661,508
Other comprehensive income      
Unrealized gain/(loss) on cash flow hedging activities 85 (728) 0
Unrealized gain/(loss) and unamortized prior service cost on post retirement obligation (18) (183) 489
Reclassification of net loss on cash flow hedging activities, prior service cost and net loss on post retirement obligation 2,159 1,433 1,476
Comprehensive income 173,066 411,075 663,473
Net income allocated to non-controlling interests (7,547) (7,244) (7,895)
Comprehensive income attributable to common shareholders $ 165,519 $ 403,831 $ 655,578
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Consolidated Statements Of Equity - USD ($)
$ in Thousands
Total
Common Shares Of Beneficial Interest
Additional Paid-In Capital
Distributions In Excess Of Net Income
Treasury Stock, Common
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interests
Equity, Beginning 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  
Common shares issued 516,758 30 516,728        
Net share awards 20,762   15,999   4,763    
Employee share purchase plan 1,850   1,296   554    
Conversions/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
Net Income 410,553     403,309     7,244
Other comprehensive income 522         522  
Common shares issued 0            
Net share awards 24,247   16,552   7,695    
Employee share purchase plan 1,812   1,187   625    
Conversions/redemptions of operating partnership units (128)   72       (200)
Cash distributions declared to equity holders (441,759)     (435,428)     (6,331)
Other (397)   (397)        
Equity, Ending Balance at Dec. 31, 2023 5,051,771 1,156 5,914,868 (613,651) (320,364) (1,252) 71,014
Net Income 170,840     163,293     7,547
Other comprehensive income 2,226         2,226  
Common shares issued 0            
Net share awards 24,143   14,361   9,782    
Employee share purchase plan 2,349   1,502   847    
Common shares repurchased (49,997)       (49,997)    
Cash distributions declared to equity holders (454,143)     (447,573)     (6,570)
Other 0 2 (2)        
Equity, Ending Balance at Dec. 31, 2024 $ 4,747,189 $ 1,158 $ 5,930,729 $ (897,931) $ (359,732) $ 974 $ 71,991
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Consolidated Statements Of Equity (Parentheticals) - $ / shares
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Common shares issued 0 0 3,059
Conversions and redemptions of operating partnership units 0 3 7
Cash distributions declared to equity holders per share $ 4.12 $ 4.00 $ 3.76
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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities      
Net income $ 170,840 $ 410,553 $ 661,508
Adjustments to reconcile net income to net cash from operating activities:      
Depreciation and amortization 582,014 574,813 577,020
Loss on early retirement of debt 921 2,513 0
Gain on sale of operating properties (43,806) (225,416) (36,372)
Gain on acquisition of unconsolidated joint venture interests 0 0 (474,146)
Impairment associated with land development activities 40,988 0 0
Distributions of income from joint ventures 0 0 3,015
Equity in income of joint ventures 0 0 (3,048)
Share-based compensation 15,166 14,512 12,822
Net change in operating accounts and other 8,754 17,975 3,913
Net cash from operating activities 774,877 794,950 744,712
Cash flows from investing activities      
Development and capital improvements, including land (393,735) (410,934) (449,431)
Acquisition of operating properties, including joint venture interests, net of cash acquired 0 0 (1,066,051)
Net proceeds from sales of operating properties 114,474 290,663 70,536
Increase in non-real estate assets (3,800) (5,597) (4,407)
Other (2,169) (1,259) (6,831)
Net cash from investing activities (285,230) (127,127) (1,456,184)
Cash flows from financing activities      
Borrowings on unsecured revolving credit facility 586,000 1,335,000 758,000
Repayments on unsecured revolving credit facility (408,000) (1,377,000) (716,000)
Repayment of notes payable, including prepayment penalties (800,000) (437,749) (350,000)
Proceeds from notes payable 395,952 498,235 300,000
Distributions to common shareholders and non-controlling interests (450,965) (434,875) (396,822)
Proceeds from Issuance of Common Stock 0 0 516,758
Payment of deferred financing costs (2,878) (3,114) (10,948)
Repurchase of common shares (49,997) 0 0
Other 4,403 2,289 8,942
Net cash from financing activities (725,485) (417,214) 109,930
Net increase (decrease) in cash, cash equivalents, and restricted cash (235,838) 250,609 (601,542)
Cash, cash equivalents, and restricted cash, beginning of year 268,047 17,438 618,980
Cash, cash equivalents, and restricted cash, end of year 32,209 268,047 17,438
Reconciliation of cash, cash equivalents, and restricted cash to the Consolidated Balance Sheets [Abstract]      
Cash and cash equivalents 21,045 259,686 10,687
Restricted cash 11,164 8,361 6,751
Total cash, cash equivalents, and restricted cash 32,209 268,047 17,438
Supplemental information      
Cash paid for interest, net of interest capitalized 129,637 128,870 111,069
Cash paid for income taxes 2,816 3,591 3,216
Supplemental schedule of noncash investing and financing activities      
Distributions declared but not paid 113,549 110,427 103,628
Value of shares issued under benefit plans, net of cancellations 25,134 24,850 21,526
Accrual associated with construction and capital expenditures 24,097 23,706 20,151
Mortgage debt assumed 0 0 514,554
Other liabilities $ 0 $ 0 $ 39,168
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Description Of Business
 12 Months Ended
Dec. 31, 2024
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, 2024, we owned interests in, operated, or were developing 177 multifamily properties comprised of 59,996 apartment homes across the United States. Of the 177 properties, three properties were under construction, and will consist of a total of 1,138 apartment homes when completed. We also own land holdings which we may develop into multifamily communities in the future.
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Summary of Significant Accounting Policies and Recent Accounting Pronouncements
 12 Months Ended
Dec. 31, 2024
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, 2024, 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, 2024, 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.
We did not recognize amortization expense related to in-place leases or revenue related to net below-market leases during the years ended December 31, 2024 and 2023. We recognized amortization expense related to in-place leases of approximately $50.3 million and recognized revenue related to net below-market leases of approximately $8.6 million for the year ended December 31, 2022.
During the year ended December 31, 2022, the weighted average amortization period for in-place leases was approximately eight months, and the weighted average amortization periods for net below-market leases was approximately seven months.
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 conditions 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, comparable sales, 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.
The value of our properties under development depends on market conditions, including estimates of the project start date, projected construction costs, and demand for multifamily communities. We have reviewed market trends and other marketplace information and 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 $17.9 million, $20.2 million, and $18.1 million for the years ended December 31, 2024, 2023, and 2022, respectively. Capitalized real estate taxes were approximately $3.2 million, $3.4 million, and $4.2 million for the years ended December 31, 2024, 2023, and 2022, 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
Useful Life
Buildings and improvements5-35 years
Furniture, fixtures, equipment and other3-20 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. Cash flows from derivatives and the related gains and losses are classified as cash flows from operating activities on the consolidated statements of cash flows.
Cash Flow Hedges. For derivative instruments which are designated and qualify as a cash flow hedge, the derivative's gain or loss is reported as a component to other comprehensive income ("OCI") and recorded in accumulated other comprehensive income ("AOCI") on our consolidated balance sheets. The gain or loss is subsequently reclassified into net earnings when the hedged exposure affects net earnings, in the same line item as the underlying hedged item on our consolidated statements of income and comprehensive income.
Cash flow hedges related to anticipated transactions are designated and documented at the inception of each hedge. Cash flows from hedging transactions are classified in the same categories as the cash flows from the respective hedged items.
Fair Value Hedges. For derivative instruments which are designated and qualify as a fair value hedge, the changes in fair value of the derivative instrument and the offsetting changes in fair value of the underlying hedged item due to changes in the hedged risk are recorded to interest expense on our consolidated statements of earnings.
Counterparty Credit Risk. Fair values of our derivatives can change significantly from period to period based on, among other factors, market movements and changes in our positions. We manage counterparty credit risk (the risk counterparties will default and not make payments to us according to the terms of our agreements) on an individual counterparty basis.
Gains or losses on sales of real estate. The Company recognizes the sale, and associated gain or loss from the disposition, 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:
Derivative Financial Instruments. The estimated fair values of derivative financial instruments are valued using widely accepted valuation techniques including discounted cash flow analysis on the expected cash flows of each derivative. This analysis reflects the contractual terms of the derivatives, including the period to maturity, and uses observable market-based inputs, including interest rate curves and volatility. The fair values of interest rate swaps are estimated using the market-standard methodology of netting the discounted fixed cash payments and the discounted expected variable cash receipts. The variable cash receipts are based on an expectation of interest rates (forward curves) derived from observable market interest rate curves. In addition, credit valuation adjustments, which consider the impact of any credit enhancements to the contracts, are incorporated in the fair values to account for potential nonperformance risk, including our own nonperformance risk and the respective counterparty’s nonperformance risk.
Although we have determined the majority of the inputs used to value our derivatives fall within Level 2 of the fair value hierarchy, the credit valuation adjustments associated with our derivatives utilize Level 3 inputs, such as estimates of current credit spreads, to evaluate the likelihood of default. However, we have assessed the significance of the impact of the credit valuation adjustments on the overall valuation of our derivative positions and have determined the credit valuation adjustments are not significant to the overall valuation of our derivatives. As a result, we have determined our derivative valuations in their entirety are classified in Level 2 of the fair value hierarchy.
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, 2024 and 2023, 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, and include rental revenue 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 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, 2024, 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 ending December 31,Operating Leases
2025$871.6 
202651.2 
20273.3 
20283.0 
20292.6 
Thereafter3.6 
Total$935.3 
Credit Risk. We believe there is no significant concentration of credit risk due to the number of residents, the types and diversity of submarkets in which our properties operate, and the collection terms.
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 as well as 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, technology investments, non-real estate leasehold improvements and equipment, notes receivable, derivatives, operating lease right-of-use ("ROU") 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 10. "Share-based Compensation and Benefit Plans." Deferred financing costs are related to our unsecured revolving 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.
Investments. We hold equity interests in certain technology funds which are not accounted for using the equity method because we have virtually no influence over these entities and their fair values are not readily determinable. These investments are recorded using the measurement alternative in which our equity interests are recorded at cost, adjusted for impairments and observable price changes in orderly transactions for an identical or similar investment of the same issuer. At each reporting period, we reassess whether these investments continue to qualify for this measurement alternative. We had investments
recorded at cost of approximately $16.6 million and $14.3 million at December 31, 2024 and 2023, respectively. These investments are included in other assets, net in our consolidated balance sheets and we did not record any impairments during the years ended December 31, 2024, 2023, or 2022 relating to these investments.
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.
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.
Recent Accounting Pronouncements: In November 2023, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2023-07 ("ASU 2023-07"), Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures which requires reportable segment disclosures of significant segment expenses provided to the chief operating decision makers ("CODMs"). The standard does not change the definition of a reportable segment, the method for determining segments, or the criteria for aggregating operating segments into reportable segments. We have adopted ASU 2023-07 in our 2024 Form 10-K, as disclosed in Note 14. "Reportable Segments", and this adoption did not have a material impact on our consolidated financial statements.
In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures. ASU 2023-09 requires additional disclosures to enhance the transparency regarding income tax information through the use of a rate reconciliation table and disclosure of net taxes paid, detailed by federal, state, and foreign taxes and, if applicable, further detailed by specific jurisdictions if the amount exceeds a qualitative threshold. ASU 2023-09 is effective for annual periods beginning after December 15, 2024, and early adoption is permitted. This standard may be applied either on a prospective basis or on a retrospective basis. We expect to adopt ASU 2023-09 in our 2025 Form 10-K and expect the enhanced presentation of income tax disclosures will have no impact on our consolidated financial statements.
In November 2024, the FASB issued ASU 2024-03, Disaggregation of Income Statement Expenses. ASU 2024-03 requires public entities to provide additional disclosures in the notes to the financial statements of certain expense categories which are included in expense line items disclosed on the face of the income statement. Specifically, an entity should provide disclosures in a tabular format for each line item on the income statement which contains any of the following expenses: purchases of inventory, employee compensation, depreciation, intangible asset amortization, and/or depreciation, depletion, and amortization. ASU 2024-03 also requires an entity to disclose total selling expenses. ASU 2024-03 may be adopted on a prospective or retrospective basis. We expect to adopt ASU 2024-03 for the fiscal year ending December 31, 2027, and are in the process of analyzing the impact of the ASU on our related disclosures.
v3.25.0.1
Per Share Data
 12 Months Ended
Dec. 31, 2024
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 1.8 million for the year ended December 31, 2024 and approximately 1.0 million for each of the years ended December 31, 2023 and 2022. 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)202420232022
Earnings per common share calculation – basic
Net income attributable to common shareholders$163,293 $403,309 $653,613 
Amount allocated to participating securities(295)(646)(990)
Net income attributable to common shareholders – basic$162,998 $402,663 $652,623 
Total earnings per common share – basic$1.50 $3.71 $6.07 
Weighted average number of common shares outstanding – basic108,491 108,653 107,605 
Earnings per common share calculation – diluted
Income from continuing operations attributable to common shareholders, net of amount allocated to participating securities$162,998 $402,663 $652,623 
Income allocated to common units from continuing operations— 2,086 1,452 
Net income attributable to common shareholders – diluted$162,998 $404,749 $654,075 
Total earnings per common share – diluted$1.50 $3.70 $6.04 
Weighted average number of common shares outstanding – basic108,491 108,653 107,605 
Incremental shares issuable from assumed conversion of:
Share awards granted48 21 50 
Common units— 725 733 
Weighted average number of common shares outstanding – diluted108,539 109,399 108,388 
v3.25.0.1
Common Shares
 12 Months Ended
Dec. 31, 2024
Stockholders' Equity Note [Abstract]  
Common Shares [Text Block]
4. Common Shares
In May 2023, 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 "2023 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. We intend to use the proceeds from any sale of our common shares under the 2023 ATM program for general corporate purposes, which may include reducing future borrowings under our unsecured revolving 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 2023 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 not sold any shares under the 2023 ATM program.
In May 2022, we created an ATM share offering program through which we could, but had no obligation to, sell common shares for an aggregate offering amount of up to $500.0 million (the "2022 ATM program"). In May 2023, we terminated the 2022 ATM program and did not sell any shares under this program.
We have a share repurchase plan approved by our Board of Trust Managers which allows for the repurchase of up to $500.0 million of our common equity securities through open-market purchases, block purchases, and privately negotiated transactions. In 2024, we repurchased 515,974 common shares for approximately $50.0 million, at an average price of $96.88 per share. As of the date of this filing, the remaining dollar value of our common equity securities authorized to be repurchased under this plan was approximately $450.0 million.
We currently have an automatic shelf registration statement which allows us to offer common shares, preferred shares, debt securities, or warrants and 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. At December 31, 2024, we had approximately 106.7 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 2025, the Company's Board of Trust Managers declared a first quarter dividend of $1.05 per common share to our common shareholders of record as of March 31, 2025.
v3.25.0.1
Operating Partnerships
 12 Months Ended
Dec. 31, 2024
Operating Partnerships [Abstract]  
Operating Partnerships [Text Block]
5. Operating Partnerships
At December 31, 2024, 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, 2024, 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, 2024, 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, 2024, 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.
We have Tax Protection Agreements, as amended, protecting the negative tax capital of certain holders of common units of limited partnership interest in the Camden Summit Partnership. The negative tax capital accounts of these certain unitholders totaled approximately $23.7 million in the aggregate as of December 31, 2024. We currently have a $40.0 million two-year unsecured floating rate term loan with an unrelated third party which supports the negative tax capital accounts.
v3.25.0.1
Income Taxes
 12 Months Ended
Dec. 31, 2024
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, 2024, 2023, and 2022 as income tax expense. Income taxes for the tax years ended December 31, 2024, 2023, and 2022, were comprised mainly of state income and franchise taxes, and federal taxes related to 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, 2024, 2023, and 2022 is set forth in the following table:
 Year Ended December 31,
 202420232022
Common Share Distributions (1)
Ordinary income$3.29 $2.54 $— 
Long-term capital gain0.53 1.90 0.48 
Return of capital— — 2.26 
Unrecaptured Sec. 1250 gain0.30 0.50 0.08 
Total$4.12 $4.94 $2.82 
(1) The $1.03 per share distribution paid on January 17, 2025 was considered a 2024 distribution for federal income tax purposes and was subject to taxation based on our 2024 earnings and profits. The $1.00 per share distribution per share paid on January 17, 2024 was considered a 2023 distribution for federal income tax purposes and was subject to taxation based on our 2023 earnings. The $0.94 per share distribution per share paid on January 17, 2023 was also considered a 2023 distribution for federal income tax purposes and was also subject to taxation based on our 2023 earnings.
The carrying value of net assets reported in our consolidated financial statements at December 31, 2024 exceeded the tax basis by approximately $1.5 billion.
The income tax returns of Camden Property Trust and its subsidiaries are subject to examination by federal, state, and local tax jurisdictions for years 2021 through 2023. Tax attributes generated in years prior to 2020 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.
v3.25.0.1
Acquisitions and Dispositions
 12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Acquisitions and Dispositions
7. Acquisitions, Dispositions, and Impairments
Acquisitions of Land. We did not acquire any land during the years ended December 31, 2024 and 2023. 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.
Asset Acquisition of Operating Properties. We did not acquire any operating properties during the years ended December 31, 2024 and 2023. On April 1, 2022, we purchased the remaining 68.7% ownership interests in two unconsolidated discretionary investment funds (collectively, "the Funds" or "the acquisition of the Funds") for cash consideration of approximately $1.1 billion, after adjusting for our assumption of approximately $515.0 million of existing secured mortgage debt of the Funds which remained outstanding. As a result of this acquisition, we now own 100% ownership interests 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.
In January 2025, we purchased one operating property comprised of 352 homes located in the Austin, Texas metropolitan area for approximately $67.7 million.
Sale of Operating Properties. During the year ended December 31, 2024, we sold one operating property comprised of 592 apartment homes located in Atlanta, Georgia, for approximately $115.0 million and recognized a gain of approximately $43.8 million. During the year ended December 31, 2023, we sold two operating properties comprised of an aggregate of 852 apartment homes located in Costa Mesa, California for an aggregate of approximately $293.1 million and recognized a gain of approximately $225.3 million. 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.
Impairments. The impairment associated with land development activities for the year ended December 31, 2024 of approximately $41.0 million related to land holdings for three land parcels as a result of strategic decisions regarding the reduction of exposure in certain markets. These impairment charges are the difference between each parcel's estimated fair value and the carrying value, which included the original purchase price and other capitalized development costs. We did not record any impairment charges for the years ended December 31, 2023 and 2022.
v3.25.0.1
Notes Payable
 12 Months Ended
Dec. 31, 2024
Notes Payable [Abstract]  
Notes Payable . Notes Payable
The following is a summary of our indebtedness:
 December 31,
(in millions)20242023
Commercial banks
5.52% Term loan, due 2026
$39.9 $39.9 
6.21% Term loan, due 2024
— 300.0 
5.14% Unsecured revolving credit facility
178.0 — 
$217.9 $339.9 
Senior unsecured notes
4.36% Notes, due 2024
— 250.0 
3.68% Notes, due 2024
— 249.7 
5.75% Notes, due 2026 (1)
503.3 508.6 
3.74% Notes, due 2028
399.1 398.7 
3.67% Notes, due 2029 (2)
596.8 596.1 
2.91% Notes, due 2030
746.0 745.4 
5.06% Notes, due 2034
395.2 — 
3.41% Notes, due 2049
296.9 296.9 
$2,937.3 $3,045.4 
Total unsecured notes payable$3,155.2 $3,385.3 
Secured notes
  Master Credit Facilities
3.78% - 4.04% Conventional Mortgage Notes, due 2026 - 2028
$291.4 $291.3 
3.87% note, due 2028
39.0 38.8 
Total secured notes payable$330.4 $330.1 
Total notes payable (3)
$3,485.6 $3,715.4 
Value of real estate assets, at cost, subject to secured notes$1,358.6 $1,342.2 
(1)Balances are increased by $5.3 million and $11.6 million for fair value adjustments due to changes in benchmark interest rates related to these notes as of December 31, 2024 and 2023, respectively. See Note 9. "Derivative Financial Instruments and Hedging Activities," for further discussion.
(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%.
(3)Balances are decreased by unamortized debt discounts, debt issuance costs, and fair market value adjustments, net of $13.3 million and $5.5 million as of December 31, 2024 and 2023, respectively.
We have a $1.2 billion unsecured revolving credit facility which matures in August 2026, with two options to extend the facility at our election for two consecutive six-month periods and to expand the facility up to three times by up to an additional $500 million upon satisfaction of certain conditions. The interest rate on our unsecured revolving credit facility is based upon, at our option, (a) the daily or the one-, three-, or six- months Secured Overnight Financing Rate ("SOFR") plus, in each case, a spread based on our credit rating, or (b) a base rate equal to the higher of: (i) the Federal Funds Rate plus 0.50%, (ii) Bank of America, N.A.'s price rate, (iii) Term SOFR plus 1.0%, and (iv) 1.0%. Advances under our unsecured 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 unsecured revolving credit facility. Our unsecured revolving credit facility is subject to customary financial covenants and limitations. We believe we are in compliance with all such financial covenants and limitations as of December 31, 2024 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, 2024, we had outstanding letters of credit totaling $27.5 million and approximately $1.0 billion available under our unsecured revolving credit facility.
In January 2024, we issued $400.0 million aggregate principal amount of 4.90% senior unsecured notes due January 15, 2034 under our existing shell registration statement. The 2034 Notes were offered to the public 99.638% of their face amount with a stated rate of 4.90% and a yield to maturity of 4.946%. After deducting underwriting discounts and other offering expenses, the net proceeds from the sale of the 2034 Notes was approximately $394.8 million. Interest on the 2034 Notes is payable semi-annually on January 15 and July 15, beginning July 15, 2024. We may redeem the 2034 Notes, in whole or in part, at anytime at a redemption price equal to the principal amount and accrued interest of the notes being redeemed, plus a make-whole provision. If, however, we redeem the 2034 Notes on or after three months prior to their maturity date, the redemption price will equal 100% of the principal amount of the 2034 Notes to be redeemed plus accrued and unpaid interest on the amount being redeemed to the redemption date. The 2034 Notes are direct, senior unsecured obligations and rank equally with all of our other unsecured and unsubordinated indebtedness.
In January 2024, we utilized a portion of the net proceeds from the 2034 Notes to repay the $300.0 million, 6.21% unsecured term loan due in August 2024. Additionally, in January 2024, we utilized cash on hand to repay the principal amount of our 4.36% senior unsecured notes payable, which matured on January 15, 2024, for a total of $250.0 million, plus accrued interest. As a result of this early repayment of the $300.0 million unsecured term loan, we expensed approximately $0.9 million of unamortized loan costs, which are reflected in the loss on early retirement of debt in our consolidated statements of income and comprehensive income.
In September 2024, we extended the maturity date of our $40.0 million unsecured floating rate term loan with an unrelated third party from September 2024 to September 2026.
In September 2024, we utilized cash on hand and our unsecured revolving credit facility to repay the principal amount of our 3.68% senior unsecured notes payable, which had a maturity date of September 15, 2024, for a total of $250.0 million, plus accrued interest.
We had outstanding floating rate debt of approximately $721.2 million and $848.5 million, at December 31, 2024 and 2023, respectively, which includes senior unsecured notes payable due in 2026 which have been converted to floating rate debt through the issuance of the interest rate swap. The weighted average interest rate on our outstanding floating rate debt was approximately 5.6% and 6.5% at December 31, 2024 and 2023, respectively.
Our indebtedness had a weighted average maturity of 6.2 years at December 31, 2024. The table below is a summary of the maturity dates of our outstanding debt and principal amortizations, and the weighted average interest rates on such debt, at December 31, 2024:
(in millions) (1)
Amount (2)
Weighted Average
Interest Rate (3)
2025$(3.6)— %
2026565.9 5.7 
2027350.5 4.5 
2028529.9 3.8 
2029598.2 3.8 
Thereafter 1,444.7 3.6 
Total$3,485.6 4.1 %
(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 derivatives.
v3.25.0.1
Derivative Financial Instruments and Hedging Activities
 12 Months Ended
Dec. 31, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Derivative Instruments and Hedging Activities Disclosure
9. 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. We do not utilize derivative financial instruments for trading or speculative purposes. See Note 2. "Summary of Significant Accounting Policies and Recent Accounting Pronouncements" for a further discussion of derivative financial instruments.
Cash Flow Hedges. From time to time, we enter into designated cash flow hedges to manage the variability in cash flows due to changes in benchmark interest rates. We enter into interest rate swap agreements, including forward interest rate swaps and treasury locks, settled in cash based upon the difference between an agreed-upon benchmark rate and the prevailing
benchmark rate at settlement. The agreements are generally settled around the time of the pricing of the related debt. Each cash flow derivative gain or loss is recorded to OCI and is subsequently reclassified to interest expense over the life of the related debt. We did not have any cash flow hedges at December 31, 2024 or material cash flow hedges at December 31, 2023.
We recognized an unrealized gain in other comprehensive income of $0.8 million and an unrealized loss of $0.7 million at December 31, 2024 and 2023, respectively. There were no unrealized gains or losses recognized for the year ended December 31, 2022. Approximately $1.3 million, $1.4 million, and $1.3 million was reclassified from AOCI as an increase to interest expense for derivative financial instruments settled in prior periods during the years ended December 31, 2024, 2023, and 2022, respectively.
Fair Value Hedges. From time to time, we utilize interest rate swaps to achieve an additional level of floating rate debt relative to fixed rate debt as we deem appropriate. We designate fixed to floating interest rate swaps as fair value hedges. The changes in fair value of these derivative instruments and the offsetting changes in fair value of the underlying hedged debt due to changes in the relevant benchmark interest rates are recorded in interest expense. At December 31, 2024 and 2023, we had one interest rate swap with a notional amount of $500.0 million designated as a fair value hedge, which converted our $500.0 million principal amount of 5.85% fixed rate senior unsecured notes due November 2026 into a floating rate instrument with an interest rate based on a SOFR index. Refer to Note 8. "Notes Payable" for further discussion of the $500.0 million notes due 2026.
Refer to Note 11. "Fair Value Measurements" for the outstanding derivative instruments and the corresponding fair value classifications.
v3.25.0.1
Share-Based Compensation and Benefit Plans
 12 Months Ended
Dec. 31, 2024
Share-Based Payment Arrangement, Noncash Expense [Abstract]  
Share-Based Compensation and Benefit Plans
10. 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 subsidiaries' officers and employees, Trust Managers, and certain of our subsidiaries' consultants and advisors. 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, 2024, there were approximately 4.3 million common shares available under the 2018 Share Plan, which would result in approximately 1.2 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 $16.1 million, $15.8 million, and $14.2 million for 2024, 2023, and 2022, respectively. Total capitalized compensation cost for share awards was approximately $5.3 million, $5.9 million, and $4.5 million for the years ended December 31, 2024, 2023, and 2022, respectively.
A summary of activity under our share incentive plans for the year ended December 31, 2024 is shown below:
Nonvested
Share
Awards
Outstanding		Weighted
Average
Exercise /
Grant Price
Nonvested share awards outstanding at December 31, 2023174,164 $126.46 
Granted272,764 96.31 
Exercised/Vested(220,988)107.44 
Forfeited(9,750)106.37 
Total nonvested share awards outstanding at December 31, 2024216,190 $108.07 
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 an employee, 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 to such individual 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, 2024, 2023, and 2022, the weighted average fair value of share awards granted was $96.31, $117.02 and $161.91, respectively. The total fair value of shares vested during the years ended December 31, 2024, 2023, and 2022 was approximately $23.7 million, $24.7 million, and $19.4 million, respectively. At December 31, 2024, the unamortized value of previously issued unvested share awards was approximately $13.7 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:
202420232022
Shares purchased21,435 17,306 15,353 
Weighted average fair value of shares purchased$109.63 $104.26 $119.15 
Expense recorded (in millions)$0.4 $0.2 $0.2 
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 and was 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, 2024 and 2023, approximately 0.7 million and 1.0 million share awards, respectively, were held in the rabbi trust. Additionally, as of December 31, 2024 and 2023, the rabbi trust held trading securities totaling approximately $13.2 million and $9.7 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, 2024 and December 31, 2023, approximately $9.0 million and $11.9 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 balance sheets.
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 1.2 million and 1.1 million share awards were held in the plan at December 31, 2024 and 2023, respectively. Additionally, as of December 31, 2024 and 2023, the plan held trading securities totaling approximately $120.9 million and $122.3 million, respectively, which represents cash deferrals made by plan participants and diversification of share awards within the plan to trading securities. The value of this plan is recorded in other assets, net, within our consolidated balance sheets. 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, 2024, 2023, and 2022 were each approximately $3.4 million. Employees become vested in our matching contributions 33% after one year of service, 67% after two years of service and 100% after three years of service.
v3.25.0.1
Fair Value Measurements
 12 Months Ended
Dec. 31, 2024
Fair Value Disclosures [Abstract]  
Fair Value Measurements
11. Fair Value Measurements
The following disclosures present information about our fair value measurements using the inputs and fair value hierarchy discussed in Note 2. "Summary of Significant Accounting Policies and Recent Accounting Pronouncements".
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, 2024 and 2023.
Financial Instruments Measured at Fair Value on a Recurring Basis
 December 31, 2024December 31, 2023
 (in millions)Quoted 
Prices in
Active Markets
for Identical
Assets (Level 1)		Significant
Other
Observable
Inputs 
(Level 2)		Significant
Unobservable
Inputs
(Level 3)		TotalQuoted
 Prices in
Active Markets
for Identical
Assets (Level 1)		Significant
Other
Observable
Inputs
 (Level 2)		Significant
Unobservable
Inputs
(Level 3)		Total
Other Assets
Deferred compensation plan investments (1)
$134.1 $— $— $134.1 $132.0 $— $— $132.0 
Derivative financial instruments (fair value hedge)— 5.3 — $5.3 — 11.6 — $11.6 
Other Liabilities
Derivative financial instruments (cash flow hedge)— — — $— — 0.7 — $0.7 
(1)Approximately $17.7 million and $10.9 million of participant cash was withdrawn from our deferred compensation plan investments during the years ended December 31, 2024 and 2023, respectively.
Nonrecurring Fair Value Disclosures. During the year ended December 31, 2024, we recognized an impairment of approximately $41.0 million related to three land holdings, as further disclosed in Note 7. "Acquisitions, Dispositions, and Impairments". The fair market value of the impaired land holdings totaled approximately $46.7 million, which was determined using Level 3 inputs primarily based on comparable sales. We did not have any non-recurring fair value measurements during the year ended December 31, 2023.
Financial Instrument Fair Value Disclosures. The following table presents the carrying and estimated fair values of our notes payable at December 31, 2024 and 2023.
 
 December 31, 2024December 31, 2023
(in millions)Carrying
Value		Estimated
Fair Value		Carrying
Value		Estimated
Fair Value
Fixed rate notes payable$2,764.4 $2,528.6 $2,866.9 $2,651.6 
Floating rate notes payable (1)
721.2 733.0 848.5 864.9 
(1)Includes the senior unsecured notes payable and a term loan due in 2026 at December 31, 2024 and 2023, and includes balances outstanding under our unsecured revolving credit facility at December 31, 2024. At December 31, 2023, amount also includes a term loan due in 2024.
v3.25.0.1
Net Change In Operating Accounts
 12 Months Ended
Dec. 31, 2024
Increase (Decrease) in Operating Capital [Abstract]  
Net Change In Operating Accounts
12. 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)202420232022
Change in assets:
Other assets, net$(8,731)$(1,951)$(13,950)
Change in liabilities:
Accounts payable and accrued expenses(3,336)13,639 (2,990)
Accrued real estate taxes(17,776)968 22,901 
Other liabilities34,717 2,018 (6,207)
Other3,880 3,301 4,159 
Change in operating accounts and other$8,754 $17,975 $3,913 
v3.25.0.1
Commitments And Contingencies
 12 Months Ended
Dec. 31, 2024
Commitments and Contingencies Disclosure [Abstract]  
Commitments And Contingencies
13. Commitments and Contingencies
Construction Contracts. As of December 31, 2024, we estimate the additional cost to complete the three projects currently under construction to be approximately $243.6 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 revolving 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 allegation 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 currently 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 RealPage, Inc. (“RealPage”), a seller of revenue management software and owners and/or operators of multifamily housing, including us, which utilize this software. The complaints allege collusion among the defendants to fix rents in violation of Section 1 of the Sherman Act. The U.S. Judicial Panel on Multidistrict Litigation has consolidated 43 cases, including those filed against us, into a single action in the United States District Court for the Middle District of Tennessee. Separate and apart from these private causes of action, on November 1, 2023, we, along with 13 other owners and/or operators of multifamily housing and RealPage were named as defendants in a lawsuit centering around the use of said revenue management software by the Attorney General of the District of Columbia. On February 28, 2024, we, along with 11 other owners and/or operators of multifamily housing and RealPage were named as defendants in a lawsuit centering around the use of said revenue management software by the Attorney General of Arizona. On January 7, 2025, we, along with six other owners and/or operators of multifamily housing, were named in a civil lawsuit brought by the U.S. Department of Justice and ten states against RealPage with similar allegations. Additionally, we have been informed by other state regulators they are investigating this matter. We believe these various lawsuits are without merit and we intend to vigorously defend against them. As these proceedings are in the early stages, it is not possible for the Company to predict the outcome nor is it possible to estimate the amount of loss, if any, which may be associated with an adverse decision in any of these cases.
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, 2024, we had approximately $2.6 million of earnest money deposits for potential acquisitions included in other assets, net in our consolidated balance sheet of which $0.5 million is non-refundable.
Lease Commitments. Substantially all of our operating leases recorded in our consolidated balance sheets are related to office facility leases. We had no significant changes to our lessee lease commitments for the year ended December 31, 2024. The lease and non-lease components, excluding short-term lease contracts with a duration of 12 months or less, are accounted for as a combined single component based upon the standalone price at the time the applicable lease is commenced and is recognized as a lease expense on a straight-line basis over the lease term. Most of our office facility leases include options to renew and generally are not included in the operating lease liabilities or ROU assets as they are not reasonably certain of being exercised. If an option to renew is exercised, it would be considered a separate contract and recognized based upon the standalone price at the time the option to renew is exercised. Variable lease payments which values are not known at lease commencement, such as executory costs of real estate taxes, property insurance, and common area maintenance, are expensed as incurred.
The following is a summary of our operating lease related information:
($ in millions)As of December 31,
Balance sheetClassification20242023
   ROU assets, netOther assets, net$2.5 $4.4 
   Operating lease liabilitiesOther liabilities$3.2 $6.0 
($ in millions)Year ended
Statement of income and comprehensive incomeClassification20242023
Rent expense related to operating lease liabilities
General and administrative expenses and property management expenses$2.6 $2.7 
   Variable lease expenseGeneral and administrative expenses and property management expenses1.1 1.2 
Total lease expense$3.7 $3.9 
($ in millions)Year ended
Statement of cash flowsClassification20242023
   Cash flows from operating leasesNet cash from operating activities$2.4$2.6 
Supplemental lease information
   Weighted average remaining lease term (years)1.62.4
   Weighted average discount rate - operating leases (1)
4.9 %5.1 %
(1)We use a secured incremental borrowing rate, as defined by ASC 842, Leases, 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, 2024:
(in millions)
Year ending December 31,Operating Leases
2025$2.5 
20260.6 
20270.2 
2028— 
2029— 
Thereafter— 
Discount for time value(0.1)
Lease liability as of December 31, 2024 (1)
$3.2 
(1) In June 2024, the Company entered into a new corporate headquarters operating lease with future minimum payments in aggregate of approximately $29.6 million. As of December 31, 2024, this lease has not commenced and is not reflected on our consolidated balance sheets. This lease is expected to commence in the fourth quarter of fiscal year 2025 with a lease term of 12 years.
Employment Agreements. At December 31, 2024, we had employment agreements with 13 of our senior officers, the terms of which expire at various times through August 20, 2025. These agreements provide for minimum salary levels as well as various incentive compensation arrangements, which are payable based on the attainment of specific goals. The agreements also provide for severance payments and 12 provide a gross-up payment, or equivalent, if certain situations occur, such as termination without cause, or termination due to a change of control. In the case of 11 of the agreements, the severance payment equals one times the respective current annual base salary in the case of termination without cause, 2.99 times the respective average annual base salary over the previous three fiscal years in the case of a change of control and a termination of employment or a material adverse change in the scope of their duties, and in the case of termination through death or disability, the severance equals one times the annual base salary and targeted cash bonus for eight agreements, and incentive bonus in the case of three agreements. In the case of the other two agreements, the severance payment generally equals 2.99 times the respective average annual compensation over the previous three fiscal years in connection with, among other things, a termination without cause, termination through death or disability, or a change of control, and the officer would be entitled to receive continuation and vesting of certain benefits in the case of such termination.
Hurricanes. During the year ended December 31, 2024, we had hurricane related expenses of approximately $4.2 million of costs, net of anticipated insurance recoveries.
v3.25.0.1
Segment Reporting
 12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Segment Reporting Disclosure
14. Reportable Segment
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 size or type and each community has similar long-term economic characteristics and provides similar products and services to our residents. Additionally, all of our operations are within the continental United States and no multifamily apartment community comprises more than 1.5% of consolidated revenues. As a result, our operating properties are aggregated into a single reportable segment.
The CODMs include the President and Chief Financial Officer and the Executive Vice President - Chief Operating Officer. The CODMs primarily assess performance of the Company based upon net operating income ("NOI"). The measure of segment assets, as defined in ASU 2023-07, is reported on the balance sheets as total consolidated assets. NOI is measured as total property revenues less total property operating expenses as reported on the consolidated statements of income and comprehensive income. NOI excludes non-property revenues, other expenses, transactional gains and losses, equity in income of joint ventures, and income taxes. We consider NOI to be an appropriate measure of operating performance because it reflects the ongoing profitability and performance of our communities without an allocation of corporate level management expense or general and administrative costs. The CODMs utilize NOI to evaluate year-over-year growth of our communities from prior periods, as well as to monitor budget to actual results in assessing performance, allocating resources, and establishing compensation.
The following table details NOI and significant expenses for the years ended December 31:
(in thousands)202420232022
Property revenues$1,543,842 $1,542,027 $1,422,756 
Property expenses:
Real estate taxes(193,124)(195,009)(182,344)
Salaries and benefits for on-site employees(102,776)(98,122)(92,275)
Utilities(107,819)(104,126)(96,534)
Repairs and maintenance(70,516)(69,435)(61,141)
Other non-significant property segment expenses (a)
(84,570)(82,228)(65,787)
Net operating income985,037 993,107 924,675 
Non-property income/(loss)24,186 19,728 (11,430)
Other expenses (b)
(125,525)(113,327)(71,893)
Interest expense(129,815)(133,395)(113,424)
Depreciation and amortization(582,014)(574,813)(577,020)
Impairment associated with land development activities(40,988)— — 
Loss on early retirement of debt(921)(2,513)— 
Gain on sale of operating properties43,806 225,416 36,372 
Gain on acquisition of unconsolidated joint venture interests— — 474,146 
Equity in income of joint ventures— — 3,048 
Income tax expense(2,926)(3,650)(2,966)
Net income$170,840 $410,553 $661,508 
(a) Other non-significant property segment expenses, include the following other property and maintenance expenses: property insurance, marketing and leasing, property general and administrative, and other property expenses.
(b) Other expenses include property management, fee and asset management, general and administrative, and expense/(benefit) on deferred compensation plans.
v3.25.0.1
Schedule III - Real Estate and Accumulated Depreciation
 12 Months Ended
Dec. 31, 2024
Schedule III - Real Estate and Accumulated Depreciation [Abstract]  
Schedule III - Real Estate and Accumulated Depreciation [Text Block]
Camden Property Trust
Real Estate and Accumulated Depreciation
As of December 31, 2024
($ amounts in thousands)		Schedule III
 Initial Cost Total Cost    
 LandBuilding/
Construction
in Progress &
Improvements		Cost 
Subsequent to
Acquisition/
Construction		LandBuilding/
Construction
in Progress &
Improvements		TotalAccumulated
Depreciation		Total Cost,
Net of
Accumulated
Depreciation		EncumbrancesYear of
Completion/
Acquisition
Current communities:
ARIZONA
       Phoenix/Scottsdale
           Camden Chandler$5,511 $62,429 $2,267 $5,511 $64,696 $70,207 $23,345 $46,862 $— 2016
           Camden Copper Square4,825 23,672 20,116 4,825 43,788 48,613 29,720 18,893 — 2000
           Camden Foothills11,006 33,712 1,936 11,006 35,648 46,654 13,749 32,905 — 2014
           Camden Legacy4,068 26,612 28,818 4,068 55,430 59,498 43,470 16,028 — 1998
           Camden Montierra13,687 31,727 13,372 13,687 45,099 58,786 18,631 40,155 — 2012
           Camden North End16,108 82,620 953 16,108 83,573 99,681 33,199 66,482 — 2019
Camden North End II10,176 70,097 512 10,176 70,609 80,785 21,616 59,169 — 2021
           Camden Old Town Scottsdale23,227 71,784 5,266 23,227 77,050 100,277 28,765 71,512 — 2019
           Camden Pecos Ranch3,362 24,492 14,831 3,362 39,323 42,685 18,410 24,275 — 2012
           Camden San Marcos11,520 35,166 17,696 11,520 52,862 64,382 21,536 42,846 — 2012
           Camden San Paloma6,480 23,045 23,656 6,480 46,701 53,181 28,950 24,231 — 2002
           Camden Sotelo3,376 30,576 4,460 3,376 35,036 38,412 13,318 25,094 — 2013
           Camden Tempe9,248 35,254 1,788 9,248 37,042 46,290 13,953 32,337 — 2015
Camden Tempe II18,518 89,317 484 18,518 89,801 108,319 15,956 92,363 — 2023
CALIFORNIA
       Los Angeles/Orange County
           Camden Crown Valley9,381 54,210 25,514 9,381 79,724 89,105 51,457 37,648 — 2001
           Camden Glendale21,492 96,158 5,053 21,492 101,211 122,703 35,986 86,717 — 2015
           Camden Harbor View16,079 127,459 50,706 16,079 178,165 194,244 109,984 84,260 — 2003
           Camden Main and Jamboree17,363 75,387 17,412 17,363 92,799 110,162 39,360 70,802 — 2008
           The Camden 18,286 118,730 3,001 18,286 121,731 140,017 40,220 99,797 — 2016
       San Diego/Inland Empire
           Camden Hillcrest20,409 72,487 507 20,409 72,994 93,403 16,787 76,616 — 2021
           Camden Landmark17,339 71,315 16,782 17,339 88,097 105,436 34,952 70,484 — 2012
           Camden Old Creek20,360 71,777 11,133 20,360 82,910 103,270 47,239 56,031 — 2007
           Camden Sierra at Otay Ranch10,585 49,781 18,469 10,585 68,250 78,835 44,697 34,138 — 2003
           Camden Tuscany3,330 36,466 12,296 3,330 48,762 52,092 31,386 20,706 — 2003
           Camden Vineyards4,367 28,494 13,984 4,367 42,478 46,845 26,340 20,505 — 2002
COLORADO
       Denver
           Camden Belleview Station8,091 44,003 13,797 8,091 57,800 65,891 25,045 40,846 — 2012
           Camden Caley2,047 17,445 14,000 2,047 31,445 33,492 23,930 9,562 — 2000
           Camden Denver West6,396 51,552 16,270 6,396 67,822 74,218 30,724 43,494 — 2012
           Camden Flatirons$6,849 $72,631 $2,973 $6,849 $75,604 $82,453 $29,214 $53,239 $— 2015
           Camden Highlands Ridge2,612 34,726 27,058 2,612 61,784 64,396 45,522 18,874 — 1996
           Camden Interlocken5,293 31,612 27,678 5,293 59,290 64,583 42,356 22,227 — 1999
           Camden Lakeway3,915 34,129 35,333 3,915 69,462 73,377 51,814 21,563 — 1997
           Camden Lincoln Station4,648 51,762 1,105 4,648 52,867 57,515 18,937 38,578 — 2017
           Camden RiNo15,989 63,147 468 15,989 63,615 79,604 20,988 58,616 — 2020
WASHINGTON DC METRO
           Camden Ashburn Farm4,835 22,604 7,641 4,835 30,245 35,080 19,034 16,046 — 2005
           Camden College Park16,409 91,503 17,814 16,409 109,317 125,726 47,474 78,252 — 2008
           Camden Dulles Station10,807 61,548 15,679 10,807 77,227 88,034 40,794 47,240 — 2008
           Camden Fair Lakes15,515 104,223 20,065 15,515 124,288 139,803 74,135 65,668 — 2005
           Camden Fairfax Corner8,484 72,953 15,797 8,484 88,750 97,234 51,824 45,410 — 2006
           Camden Fallsgrove9,408 43,647 9,416 9,408 53,063 62,471 32,009 30,462 — 2005
           Camden Grand Parc7,688 35,900 9,948 7,688 45,848 53,536 25,495 28,041 — 2005
           Camden Lansdowne15,502 102,267 31,509 15,502 133,776 149,278 83,799 65,479 — 2005
           Camden Monument Place9,030 54,089 13,133 9,030 67,222 76,252 36,909 39,343 — 2007
           Camden NoMa19,442 82,306 3,382 19,442 85,688 105,130 33,820 71,310 — 2014
           Camden NoMa II17,331 91,211 508 17,331 91,719 109,050 43,957 65,093 — 2017
           Camden Potomac Yard16,498 88,317 17,238 16,498 105,555 122,053 56,598 65,455 — 2008
           Camden Roosevelt11,470 45,785 9,426 11,470 55,211 66,681 32,589 34,092 — 2005
           Camden Shady Grove24,177 89,820 2,096 24,177 91,916 116,093 40,215 75,878 — 2018
           Camden Silo Creek9,707 45,301 11,834 9,707 57,135 66,842 34,410 32,432 — 2005
           Camden South Capitol24,829 117,638 906 24,829 118,544 143,373 20,953 122,420 51,577 2022
           Camden Washingtonian13,512 75,134 890 13,512 76,024 89,536 29,067 60,469 — 2018
FLORIDA
       Southeast Florida
           Camden Atlantic9,000 93,340 199 9,000 93,539 102,539 13,837 88,702 — 2022
           Camden Aventura12,185 47,616 19,548 12,185 67,164 79,349 42,070 37,279 — 2005
           Camden Boca Raton2,201 50,057 2,541 2,201 52,598 54,799 19,839 34,960 — 2014
           Camden Brickell14,621 57,031 46,518 14,621 103,549 118,170 62,777 55,393 — 2005
           Camden Doral10,260 40,416 11,324 10,260 51,740 62,000 31,474 30,526 — 2005
           Camden Doral Villas6,476 25,543 10,660 6,476 36,203 42,679 23,032 19,647 — 2005
           Camden Las Olas12,395 79,518 46,540 12,395 126,058 138,453 73,538 64,915 — 2005
           Camden Plantation6,299 77,964 25,426 6,299 103,390 109,689 60,184 49,505 — 2005
           Camden Portofino 9,867 38,702 18,783 9,867 57,485 67,352 32,956 34,396 — 2005
       Orlando
           Camden Hunter's Creek4,156 20,925 9,009 4,156 29,934 34,090 19,242 14,848 — 2005
           Camden Lago Vista3,497 29,623 8,203 3,497 37,826 41,323 24,278 17,045 — 2005
           Camden Lake Eola$11,374 $113,700 $966 $11,374 $114,666 $126,040 $29,172 $96,868 $— 2021
           Camden LaVina12,907 42,617 14,013 12,907 56,630 69,537 23,381 46,156 — 2012
           Camden Lee Vista4,350 34,643 22,570 4,350 57,213 61,563 40,533 21,030 — 2000
           Camden North Quarter9,990 68,471 2,628 9,990 71,099 81,089 26,573 54,516 — 2018
           Camden Orange Court5,319 40,733 12,063 5,319 52,796 58,115 26,320 31,795 — 2008
           Camden Thornton Park11,711 74,628 10,611 11,711 85,239 96,950 29,068 67,882 — 2018
           Camden Town Square13,127 45,997 3,195 13,127 49,192 62,319 20,613 41,706 — 2012
           Camden Waterford Lakes19,504 65,647 1,238 19,504 66,885 86,389 15,024 71,365 29,272 2022
           Camden World Gateway5,785 51,821 18,329 5,785 70,150 75,935 39,281 36,654 — 2005
       Tampa/St. Petersburg
           Camden Bay7,450 63,283 42,177 7,450 105,460 112,910 75,083 37,827 — 1998/2002
Camden Central21,780 149,251 3,255 21,780 152,506 174,286 35,857 138,429 — 2021
           Camden Montague3,576 16,534 1,926 3,576 18,460 22,036 8,407 13,629 — 2012
           Camden Pier District21,149 105,383 5,323 21,149 110,706 131,855 41,159 90,696 — 2018
           Camden Preserve1,206 17,982 16,083 1,206 34,065 35,271 28,453 6,818 — 1997
           Camden Royal Palms2,147 38,339 13,151 2,147 51,490 53,637 25,456 28,181 — 2007
           Camden Visconti27,031 114,061 4,238 27,031 118,299 145,330 24,096 121,234 38,189 2022
           Camden Westchase Park11,955 36,254 10,267 11,955 46,521 58,476 17,891 40,585 — 2012
GEORGIA
       Atlanta
           Camden Brookwood7,174 31,984 21,031 7,174 53,015 60,189 33,480 26,709 — 2005
           Camden Buckhead7,761 156,926 1,022 7,761 157,948 165,709 39,240 126,469 — 2022
           Camden Buckhead Square13,200 43,785 3,487 13,200 47,272 60,472 15,378 45,094 — 2017
           Camden Creekstone5,017 19,912 7,813 5,017 27,725 32,742 13,224 19,518 — 2012
           Camden Deerfield4,895 21,922 17,916 4,895 39,838 44,733 25,589 19,144 — 2005
           Camden Dunwoody5,290 23,642 20,471 5,290 44,113 49,403 25,458 23,945 — 2005
           Camden Fourth Ward10,477 51,258 3,252 10,477 54,510 64,987 21,560 43,427 — 2014
           Camden Midtown Atlanta6,196 33,828 14,948 6,196 48,776 54,972 31,633 23,339 — 2005
           Camden Paces15,262 102,521 3,910 15,262 106,431 121,693 40,923 80,770 — 2015
           Camden Peachtree City6,536 29,063 11,060 6,536 40,123 46,659 25,725 20,934 — 2005
           Camden Phipps26,840 71,006 8,207 26,840 79,213 106,053 14,647 91,406 — 2022
           Camden Shiloh4,181 18,798 7,866 4,181 26,664 30,845 17,687 13,158 — 2005
           Camden St. Clair7,526 27,486 16,860 7,526 44,346 51,872 25,713 26,159 — 2005
           Camden Stockbridge5,071 22,693 7,969 5,071 30,662 35,733 19,050 16,683 — 2005
NORTH CAROLINA
       Charlotte
           Camden Ballantyne4,503 30,250 19,492 4,503 49,742 54,245 28,261 25,984 — 2005
           Camden Cotton Mills4,246 19,147 9,755 4,246 28,902 33,148 18,916 14,232 — 2005
           CoWork by Camden$814 $3,422 $34 $814 $3,456 $4,270 $1,280 $2,990 $— 2019
           Camden Dilworth516 16,633 6,987 516 23,620 24,136 14,076 10,060 — 2006
           Camden Fairview1,283 7,223 11,221 1,283 18,444 19,727 10,044 9,683 — 2005
           Camden Foxcroft 1,408 7,919 8,230 1,408 16,149 17,557 10,138 7,419 — 2005
           Camden Foxcroft II1,152 6,499 5,096 1,152 11,595 12,747 7,696 5,051 — 2005
           Camden Gallery7,930 51,957 1,942 7,930 53,899 61,829 19,073 42,756 — 2017
           Camden Grandview7,570 33,859 22,202 7,570 56,061 63,631 33,661 29,970 — 2005
           Camden Grandview II4,656 17,852 262 4,656 18,114 22,770 5,857 16,913 — 2019
           Camden NoDa11,003 96,643 687 11,003 97,330 108,333 11,618 96,715 — 2023
           Camden Sedgebrook5,187 29,211 20,190 5,187 49,401 54,588 28,282 26,306 — 2005
           Camden South End6,625 29,175 20,904 6,625 50,079 56,704 32,025 24,679 — 2005
           Camden Southline29,754 74,533 544 29,754 75,077 104,831 13,979 90,852 32,519 2022
           Camden Stonecrest3,941 22,021 9,675 3,941 31,696 35,637 20,509 15,128 — 2005
           Camden Touchstone1,203 6,772 5,635 1,203 12,407 13,610 8,071 5,539 — 2005
       Raleigh
           Camden Asbury Village17,510 79,585 1,496 17,510 81,081 98,591 16,411 82,180 29,171 2022
           Camden Carolinian14,765 56,674 2,431 14,765 59,105 73,870 16,663 57,207 — 2019
           Camden Crest4,412 31,108 23,295 4,412 54,403 58,815 28,857 29,958 — 2005
           Camden Durham15,271 129,499 7 15,271 129,506 144,777 7,296 137,481 2024
           Camden Governor's Village3,669 20,508 13,527 3,669 34,035 37,704 19,693 18,011 — 2005
           Camden Lake Pine5,746 31,714 18,863 5,746 50,577 56,323 33,196 23,127 — 2005
           Camden Manor Park2,535 47,159 15,050 2,535 62,209 64,744 37,551 27,193 — 2006
           Camden Overlook4,591 25,563 13,938 4,591 39,501 44,092 26,057 18,035 — 2005
           Camden Reunion Park2,931 18,457 15,081 2,931 33,538 36,469 22,241 14,228 — 2005
           Camden Westwood4,567 25,519 14,854 4,567 40,373 44,940 24,938 20,002 — 2005
TENNESSEE
 Nashville
Camden Franklin Park13,785 88,573 4,413 13,785 92,986 106,771 24,160 82,611 — 2021
Camden Music Row21,802 152,340 2,942 21,802 155,282 177,084 37,211 139,873 — 2021
TEXAS
       Austin
           Camden Amber Oaks9,987 68,719 2,102 9,987 70,821 80,808 16,251 64,557 — 2022
           Camden Amber Oaks II7,973 50,052 797 7,973 50,849 58,822 11,747 47,075 — 2022
           Camden Brushy Creek9,618 54,076 1,060 9,618 55,136 64,754 11,150 53,604 12,149 2022
           Camden Cedar Hills2,684 20,931 6,293 2,684 27,224 29,908 15,353 14,555 — 2008
           Camden Gaines Ranch5,094 37,100 23,463 5,094 60,563 65,657 33,771 31,886 — 2005
           Camden Huntingdon2,289 17,393 23,402 2,289 40,795 43,084 29,170 13,914 — 1995
           Camden La Frontera 3,250 32,376 2,305 3,250 34,681 37,931 14,085 23,846 — 2015
           Camden Lamar Heights$3,988 $42,773 $2,144 $3,988 $44,917 $48,905 $17,888 $31,017 $— 2015
           Camden Rainey Street30,044 85,477 5,813 30,044 91,290 121,334 28,746 92,588 — 2019
           Camden Shadow Brook18,039 101,572 3,860 18,039 105,432 123,471 21,092 102,379 23,299 2022
           Camden Stoneleigh3,498 31,285 18,009 3,498 49,294 52,792 27,363 25,429 — 2006
       Dallas/Fort Worth
           Camden Addison11,516 29,332 12,441 11,516 41,773 53,289 22,024 31,265 — 2012
           Camden Belmont12,521 61,522 11,457 12,521 72,979 85,500 31,114 54,386 — 2012
           Camden Buckingham2,704 21,251 15,468 2,704 36,719 39,423 28,957 10,466 — 1997
           Camden Centreport1,613 12,644 10,042 1,613 22,686 24,299 17,493 6,806 — 1997
           Camden Cimarron2,231 14,092 10,881 2,231 24,973 27,204 21,955 5,249 — 1997
           Camden Design District30,004 90,678 1,595 30,004 92,273 122,277 17,315 104,962 — 2022
           Camden Farmers Market17,341 74,193 47,844 17,341 122,037 139,378 80,343 59,035 — 2001/2005
Camden Greenville42,645 116,923 4,141 42,645 121,064 163,709 19,479 144,230 — 2021
           Camden Henderson3,842 15,256 1,715 3,842 16,971 20,813 7,474 13,339 — 2012
           Camden Legacy Creek2,052 12,896 9,886 2,052 22,782 24,834 18,852 5,982 — 1997
           Camden Legacy Park2,560 15,449 18,273 2,560 33,722 36,282 23,745 12,537 — 1997
           Camden Panther Creek8,850 62,860 4,780 8,850 67,640 76,490 13,268 63,222 14,423 2022
           Camden Riverwalk24,961 133,698 2,781 24,961 136,479 161,440 27,629 133,811 — 2022
           Camden Valley Park3,096 14,667 21,314 3,096 35,981 39,077 32,147 6,930 — 1994
           Camden Victory Park 13,445 71,735 3,037 13,445 74,772 88,217 26,812 61,405 — 2016
       Houston
           Camden City Centre4,976 44,735 16,617 4,976 61,352 66,328 34,751 31,577 — 2007
           Camden City Centre II5,101 28,131 1,913 5,101 30,044 35,145 12,580 22,565 — 2013
Camden Cypress Creek8,282 69,368 1,201 8,282 70,569 78,851 14,283 64,568 12,386 2022
Camden Cypress Creek II5,940 50,102 210 5,940 50,312 56,252 10,154 46,098 — 2022
Camden Downs at Cinco Ranch8,285 77,053 1,820 8,285 78,873 87,158 16,001 71,157 — 2022
Camden Downtown7,813 123,819 1,213 7,813 125,032 132,845 43,351 89,494 — 2020
           Camden Grand Harbor7,841 64,834 5,639 7,841 70,473 78,314 13,750 64,564 11,824 2022
           Camden Greenway16,916 43,933 28,395 16,916 72,328 89,244 56,199 33,045 — 1999
           Camden Heights34,079 88,824 2,218 34,079 91,042 125,121 17,054 108,067 31,657 2022
           Camden Highland Village28,536 111,802 10,476 28,536 122,278 150,814 38,879 111,935 — 2019
           Camden Holly Springs11,108 42,852 17,465 11,108 60,317 71,425 30,988 40,437 — 2012
           Camden Long Meadow Farms7,835 64,018 10 7,835 64,028 71,863 2,507 69,356 — 2024
           Camden McGowen Station6,089 85,038 4,151 6,089 89,189 95,278 34,375 60,903 — 2018
           Camden Midtown4,583 18,026 14,788 4,583 32,814 37,397 26,154 11,243 — 1999
           Camden Northpointe5,593 81,289 2,205 5,593 83,494 89,087 16,793 72,294 15,847 2022
           Camden Plaza7,204 31,044 11,286 7,204 42,330 49,534 20,122 29,412 — 2007
           Camden Post Oak14,056 92,515 24,738 14,056 117,253 131,309 51,493 79,816 — 2013
           Camden Royal Oaks$1,055 $20,046 $6,753 $1,055 $26,799 $27,854 $15,951 $11,903 $— 2006
           Camden Royal Oaks II 587 12,743 53 587 12,796 13,383 5,461 7,922 — 2012
           Camden Spring Creek12,317 73,942 6,172 12,317 80,114 92,431 16,186 76,245 — 2022
           Camden Stonebridge1,016 7,137 8,989 1,016 16,126 17,142 13,748 3,394 — 1993
           Camden Sugar Grove7,614 27,594 8,080 7,614 35,674 43,288 16,983 26,305 — 2012
           Camden Travis Street1,780 29,104 3,410 1,780 32,514 34,294 16,455 17,839 — 2010
           Camden Vanderbilt16,076 44,918 54,078 16,076 98,996 115,072 68,618 46,454 — 1994/1997
           Camden Whispering Oaks1,188 26,242 4,234 1,188 30,476 31,664 16,474 15,190 — 2008
           Camden Woodmill Creek9,437 62,776 4 9,437 62,780 72,217 4,773 67,444 — 2024
           Camden Woodson Park3,995 62,430 1,050 3,995 63,480 67,475 12,717 54,758 11,877 2022
           Camden Yorktown6,673 68,568 1,281 6,673 69,849 76,522 14,083 62,439 16,168 2022
Total current communities:$1,722,526 $9,364,571 $1,935,677 $1,722,526 $11,300,248 $13,022,774 $4,867,405 $8,155,369 $330,358 
Communities under construction:
       Name / location
Camden Village District
        Raleigh, NC		— 122,009 — — 122,009 122,009 17 121,992 — N/A
Camden South Charlotte
        Charlotte, NC		— 50,978 — — 50,978 50,978 — 50,978 — N/A
Camden Blakeney
        Charlotte, NC		— 38,518 — — 38,518 38,518 — 38,518 — N/A
Total communities under construction:$— $211,505 $— $— $211,505 $211,505 $17 $211,488 $— 
Development pipeline communities:
       Name/location
Camden Nations
        Nashville, TN		— 42,986 — — 42,986 42,986 — 42,986 — N/A
Camden Baker
        Denver, CO		— 36,598 — — 36,598 36,598 — 36,598 — N/A
Camden Gulch
        Nashville, TN		— 52,765 — — 52,765 52,765 — 52,765 — N/A
Total development pipeline communities:$— $132,349 $— $— $132,349 $132,349 $— $132,349 $— 
Land Holdings$— $57,760 $— $— $57,760 $57,760 $— $57,760 $— N/A
Corporate$— $19,140 $— $— $19,140 $19,140 $— $19,140 $— N/A
$— $76,900 $— $— $76,900 $76,900 $— $76,900 $— 
TOTAL$1,722,526 $9,785,325 $1,935,677 $1,722,526 $11,721,002 $13,443,528 $4,867,422 $8,576,106 $330,358 
Camden Property Trust
Real Estate and Accumulated Depreciation
As of December 31, 2023
(in thousands)		Schedule III
 
The changes in total real estate assets for the years ended December 31:
 
202420232022
Balance, beginning of period$13,192,127 $12,915,873 $10,449,067 
Additions during period:
Acquisition of operating properties— — 2,068,440 
Development and repositions281,617 309,678 352,174 
Improvements115,419 109,257 105,321 
Deductions during period:
Cost of real estate disposed(104,647)(142,681)(59,129)
Impairment(40,988)— — 
Balance, end of period$13,443,528 $13,192,127 $12,915,873 
 
The changes in accumulated depreciation for the years ended December 31:
 
 202420232022
Balance, beginning of period$4,332,524 $3,848,111 $3,358,027 
Depreciation of real estate assets569,409 562,397 515,413 
Dispositions(34,511)(77,984)(25,329)
Balance, end of period$4,867,422 $4,332,524 $3,848,111 
The aggregate cost for federal income tax purposes at December 31, 2024 was $11.3 billion.
v3.25.0.1
Schedule IV - Mortgage Loans on Real Estate
 12 Months Ended
Dec. 31, 2024
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Abstract]  
Schedule IV - Mortgage Loans on Real Estate [Text Block]
Camden Property Trust
Mortgage Loans on Real Estate
As of December 31, 2024		Schedule IV
($ in thousands)

Description
Interest Rate
Final Maturity Date (a)
Periodic payment termsFace amount of
mortgages
Carrying amount of
mortgages (b)
Parking Garage
Developer advances
Houston, TX		(c)October 1, 2025(d)$18,790 $— 

(a)    The loan was paid in August 2024.
(b)    The aggregate cost at December 31, 2024 for federal income tax purposes was $0.
(c)    This loan bore interest at 7%.
(d)    Payments consisted of annual interest and principal payments.
Changes in mortgage loans for the years ended December 31 are summarized below:
202420232022
Balance, beginning of period$2,087 $3,532 $4,978 
Deductions:
Collections of principal(2,087)(1,445)(1,446)
Balance, end of period$— $2,087 $3,532 
v3.25.0.1
Pay vs Performance Disclosure - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Pay vs Performance Disclosure      
Net Income (Loss) $ 163,293 $ 403,309 $ 653,613
v3.25.0.1
Insider Trading Arrangements
 3 Months Ended
Dec. 31, 2024
Trading Arrangements, by Individual  
Rule 10b5-1 Arrangement Adopted false
Non-Rule 10b5-1 Arrangement Adopted false
Rule 10b5-1 Arrangement Terminated false
Non-Rule 10b5-1 Arrangement Terminated false
v3.25.0.1
Cybersecurity Risk Management and Strategy Disclosure
 12 Months Ended
Dec. 31, 2024
Cybersecurity Risk Management, Strategy, and Governance [Line Items]  
Cybersecurity Risk Management Processes for Assessing, Identifying, and Managing Threats [Text Block]
Item 1C. Cybersecurity
Addressing cybersecurity risks is a priority for us. We have in place systems of internal controls as well as business continuity and disaster recovery plans, and we regularly perform assessments of these systems and plans to address cybersecurity and technology. Our cybersecurity program has been developed based on industry standards set by the National Institute of Standards and Technology ("NIST") and includes a comprehensive set of security policies and procedures which guide our protection strategy against threats by utilizing the following measures: identifying critical assets and high-risk threats; implementing cybersecurity detection, controls, and remediation practices; implementing a third-party risk management program to evaluate our cyber position; and, evaluating our cybersecurity program effectiveness by auditing risk and performing both internal and external testing.
In addition to a dedicated information technology cybersecurity team monitoring our daily operations, we annually assess our cybersecurity program against the NIST framework and engage outside security firms to conduct penetration tests and assist with monitoring of daily operations. We require annual cybersecurity awareness training for all of our employees to aid in promptly identifying and reporting potential or actual issues. Additionally, our dedicated information technology cybersecurity team undertakes regular robust cybersecurity training to increase cybersecurity awareness, internal expertise, and readiness efforts. We install and regularly update antivirus software on all Company managed systems and workstations in an effort to detect and prevent malicious code. We conduct ongoing security breach and phishing simulations to raise awareness of various critical security threats. Periodically, we run tabletop exercises involving members of the Company's management team intended to simulate a response to a cybersecurity incident and use the findings to improve our policies and procedures. In addition to these procedures we have in place, we also maintain cybersecurity insurance to cover certain losses and damages caused by a cybersecurity incident. All third-party service providers or vendors utilized as part of the Company’s cybersecurity framework are required to comply with our policies regarding non-public personal information and information security.
Our cybersecurity program is led by our Senior Vice President - Strategic Services and Chief Information Officer ("CIO") and our Chief Information Security Officer ("CISO"). Our CIO also serves as the Chair of our Cybersecurity Executive Oversight Committee ("CEOC"), comprised of our CISO and other senior executives representing various teams and functions of the Company including legal, finance, accounting, investor relations, and operations. The CEOC supports efforts to evaluate the materiality of any incidents, determines whether notice to third parties such as residents or vendors is required, and determines whether any disclosures to stakeholders are required. The CEOC is also responsible for ensuring the Company's management and Board of Trust Managers ("Board") are fully aware of key activities and events associated with our cybersecurity program on an ongoing basis.
Our entire Board is actively involved in overseeing risk management and the Audit Committee Charter tasks the Audit Committee with providing oversight of management's guidelines and policies to govern the process by which risk assessments and risks are managed, including the Company’s major financial risk exposures and the steps management has taken to monitor and control such exposures. The Audit Committee also discusses with management the processes undertaken to evaluate our systems of disclosure controls and procedures, including those relating to cybersecurity risk management. Our CIO reports quarterly to the Audit Committee and Board regarding cybersecurity matters, which includes emerging cybersecurity threats and the risk landscape as well as updates on our cybersecurity program and related readiness, resiliency, and response efforts.
Like other businesses, we have been, and expect to continue to be, subject to attempts on unauthorized access, mishandling or misuse, computer viruses or malware, cyber-attacks, and intrusions and other events of varying degrees. To date, we have not experienced a material cybersecurity incident nor are we aware of any of our third-party outside service providers experiencing such an incident.
For a discussion on certain of the Company’s cybersecurity-related risks, see Item 1A under the heading “Risk Factors-Risks Associated with Our Operations - A cybersecurity incident and other technology disruptions could negatively impact our business.
Cybersecurity Risk Management Processes Integrated [Flag] true
Cybersecurity Risk Management Processes Integrated [Text Block]
Addressing cybersecurity risks is a priority for us. We have in place systems of internal controls as well as business continuity and disaster recovery plans, and we regularly perform assessments of these systems and plans to address cybersecurity and technology. Our cybersecurity program has been developed based on industry standards set by the National Institute of Standards and Technology ("NIST") and includes a comprehensive set of security policies and procedures which guide our protection strategy against threats by utilizing the following measures: identifying critical assets and high-risk threats; implementing cybersecurity detection, controls, and remediation practices; implementing a third-party risk management program to evaluate our cyber position; and, evaluating our cybersecurity program effectiveness by auditing risk and performing both internal and external testing.
Cybersecurity Risk Management Third Party Engaged [Flag] true
Cybersecurity Risk Third Party Oversight and Identification Processes [Flag] true
Cybersecurity Risk Materially Affected or Reasonably Likely to Materially Affect Registrant [Flag] false
Cybersecurity Risk Board of Directors Oversight [Text Block] Our entire Board is actively involved in overseeing risk management and the Audit Committee Charter tasks the Audit Committee with providing oversight of management's guidelines and policies to govern the process by which risk assessments and risks are managed, including the Company’s major financial risk exposures and the steps management has taken to monitor and control such exposures. The Audit Committee also discusses with management the processes undertaken to evaluate our systems of disclosure controls and procedures, including those relating to cybersecurity risk management. Our CIO reports quarterly to the Audit Committee and Board regarding cybersecurity matters, which includes emerging cybersecurity threats and the risk landscape as well as updates on our cybersecurity program and related readiness, resiliency, and response efforts.
Cybersecurity Risk Board Committee or Subcommittee Responsible for Oversight [Text Block] Our entire Board is actively involved in overseeing risk management and the Audit Committee Charter tasks the Audit Committee with providing oversight of management's guidelines and policies to govern the process by which risk assessments and risks are managed, including the Company’s major financial risk exposures and the steps management has taken to monitor and control such exposures.
Cybersecurity Risk Process for Informing Board Committee or Subcommittee Responsible for Oversight [Text Block] The Audit Committee also discusses with management the processes undertaken to evaluate our systems of disclosure controls and procedures, including those relating to cybersecurity risk management. Our CIO reports quarterly to the Audit Committee and Board regarding cybersecurity matters, which includes emerging cybersecurity threats and the risk landscape as well as updates on our cybersecurity program and related readiness, resiliency, and response efforts.
Cybersecurity Risk Role of Management [Text Block] Our cybersecurity program is led by our Senior Vice President - Strategic Services and Chief Information Officer ("CIO") and our Chief Information Security Officer ("CISO"). Our CIO also serves as the Chair of our Cybersecurity Executive Oversight Committee ("CEOC"), comprised of our CISO and other senior executives representing various teams and functions of the Company including legal, finance, accounting, investor relations, and operations. The CEOC supports efforts to evaluate the materiality of any incidents, determines whether notice to third parties such as residents or vendors is required, and determines whether any disclosures to stakeholders are required. The CEOC is also responsible for ensuring the Company's management and Board of Trust Managers ("Board") are fully aware of key activities and events associated with our cybersecurity program on an ongoing basis.
Cybersecurity Risk Management Positions or Committees Responsible [Flag] true
Cybersecurity Risk Management Positions or Committees Responsible [Text Block] Our cybersecurity program is led by our Senior Vice President - Strategic Services and Chief Information Officer ("CIO") and our Chief Information Security Officer ("CISO"). Our CIO also serves as the Chair of our Cybersecurity Executive Oversight Committee ("CEOC"), comprised of our CISO and other senior executives representing various teams and functions of the Company including legal, finance, accounting, investor relations, and operations.
Cybersecurity Risk Management Expertise of Management Responsible [Text Block] We require annual cybersecurity awareness training for all of our employees to aid in promptly identifying and reporting potential or actual issues. Additionally, our dedicated information technology cybersecurity team undertakes regular robust cybersecurity training to increase cybersecurity awareness, internal expertise, and readiness efforts.
Cybersecurity Risk Process for Informing Management or Committees Responsible [Text Block] The CEOC is also responsible for ensuring the Company's management and Board of Trust Managers ("Board") are fully aware of key activities and events associated with our cybersecurity program on an ongoing basis.
Cybersecurity Risk Management Positions or Committees Responsible Report to Board [Flag] true
v3.25.0.1
Summary of Significant Accounting Policies and Recent Accounting Pronouncements (Policies)
 12 Months Ended
Dec. 31, 2024
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, 2024, 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, 2024, 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.
We did not recognize amortization expense related to in-place leases or revenue related to net below-market leases during the years ended December 31, 2024 and 2023. We recognized amortization expense related to in-place leases of approximately $50.3 million and recognized revenue related to net below-market leases of approximately $8.6 million for the year ended December 31, 2022.
During the year ended December 31, 2022, the weighted average amortization period for in-place leases was approximately eight months, and the weighted average amortization periods for net below-market leases was approximately seven months.
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 conditions 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, comparable sales, 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.
The value of our properties under development depends on market conditions, including estimates of the project start date, projected construction costs, and demand for multifamily communities. We have reviewed market trends and other marketplace information and 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 $17.9 million, $20.2 million, and $18.1 million for the years ended December 31, 2024, 2023, and 2022, respectively. Capitalized real estate taxes were approximately $3.2 million, $3.4 million, and $4.2 million for the years ended December 31, 2024, 2023, and 2022, 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
Useful Life
Buildings and improvements5-35 years
Furniture, fixtures, equipment and other3-20 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. Cash flows from derivatives and the related gains and losses are classified as cash flows from operating activities on the consolidated statements of cash flows.
Cash Flow Hedges. For derivative instruments which are designated and qualify as a cash flow hedge, the derivative's gain or loss is reported as a component to other comprehensive income ("OCI") and recorded in accumulated other comprehensive income ("AOCI") on our consolidated balance sheets. The gain or loss is subsequently reclassified into net earnings when the hedged exposure affects net earnings, in the same line item as the underlying hedged item on our consolidated statements of income and comprehensive income.
Cash flow hedges related to anticipated transactions are designated and documented at the inception of each hedge. Cash flows from hedging transactions are classified in the same categories as the cash flows from the respective hedged items.
Fair Value Hedges. For derivative instruments which are designated and qualify as a fair value hedge, the changes in fair value of the derivative instrument and the offsetting changes in fair value of the underlying hedged item due to changes in the hedged risk are recorded to interest expense on our consolidated statements of earnings.
Counterparty Credit Risk. Fair values of our derivatives can change significantly from period to period based on, among other factors, market movements and changes in our positions. We manage counterparty credit risk (the risk counterparties will default and not make payments to us according to the terms of our agreements) on an individual counterparty basis.
Assets Held for Sale (Including Discontinued Operations)
Gains or losses on sales of real estate. The Company recognizes the sale, and associated gain or loss from the disposition, 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:
Derivative Financial Instruments. The estimated fair values of derivative financial instruments are valued using widely accepted valuation techniques including discounted cash flow analysis on the expected cash flows of each derivative. This analysis reflects the contractual terms of the derivatives, including the period to maturity, and uses observable market-based inputs, including interest rate curves and volatility. The fair values of interest rate swaps are estimated using the market-standard methodology of netting the discounted fixed cash payments and the discounted expected variable cash receipts. The variable cash receipts are based on an expectation of interest rates (forward curves) derived from observable market interest rate curves. In addition, credit valuation adjustments, which consider the impact of any credit enhancements to the contracts, are incorporated in the fair values to account for potential nonperformance risk, including our own nonperformance risk and the respective counterparty’s nonperformance risk.
Although we have determined the majority of the inputs used to value our derivatives fall within Level 2 of the fair value hierarchy, the credit valuation adjustments associated with our derivatives utilize Level 3 inputs, such as estimates of current credit spreads, to evaluate the likelihood of default. However, we have assessed the significance of the impact of the credit valuation adjustments on the overall valuation of our derivative positions and have determined the credit valuation adjustments are not significant to the overall valuation of our derivatives. As a result, we have determined our derivative valuations in their entirety are classified in Level 2 of the fair value hierarchy.
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, 2024 and 2023, 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
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, and include rental revenue 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 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, 2024, 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 ending December 31,Operating Leases
2025$871.6 
202651.2 
20273.3 
20283.0 
20292.6 
Thereafter3.6 
Total$935.3 
Credit Risk. We believe there is no significant concentration of credit risk due to the number of residents, the types and diversity of submarkets in which our properties operate, and the collection terms.
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 as well as 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, technology investments, non-real estate leasehold improvements and equipment, notes receivable, derivatives, operating lease right-of-use ("ROU") 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 10. "Share-based Compensation and Benefit Plans." Deferred financing costs are related to our unsecured revolving 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.
Investments. We hold equity interests in certain technology funds which are not accounted for using the equity method because we have virtually no influence over these entities and their fair values are not readily determinable. These investments are recorded using the measurement alternative in which our equity interests are recorded at cost, adjusted for impairments and observable price changes in orderly transactions for an identical or similar investment of the same issuer. At each reporting period, we reassess whether these investments continue to qualify for this measurement alternative. We had investments
recorded at cost of approximately $16.6 million and $14.3 million at December 31, 2024 and 2023, respectively. These investments are included in other assets, net in our consolidated balance sheets and we did not record any impairments during the years ended December 31, 2024, 2023, or 2022 relating to these investments.
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.
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.
Recent Accounting Pronouncements
Recent Accounting Pronouncements: In November 2023, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2023-07 ("ASU 2023-07"), Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures which requires reportable segment disclosures of significant segment expenses provided to the chief operating decision makers ("CODMs"). The standard does not change the definition of a reportable segment, the method for determining segments, or the criteria for aggregating operating segments into reportable segments. We have adopted ASU 2023-07 in our 2024 Form 10-K, as disclosed in Note 14. "Reportable Segments", and this adoption did not have a material impact on our consolidated financial statements.
In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures. ASU 2023-09 requires additional disclosures to enhance the transparency regarding income tax information through the use of a rate reconciliation table and disclosure of net taxes paid, detailed by federal, state, and foreign taxes and, if applicable, further detailed by specific jurisdictions if the amount exceeds a qualitative threshold. ASU 2023-09 is effective for annual periods beginning after December 15, 2024, and early adoption is permitted. This standard may be applied either on a prospective basis or on a retrospective basis. We expect to adopt ASU 2023-09 in our 2025 Form 10-K and expect the enhanced presentation of income tax disclosures will have no impact on our consolidated financial statements.
In November 2024, the FASB issued ASU 2024-03, Disaggregation of Income Statement Expenses. ASU 2024-03 requires public entities to provide additional disclosures in the notes to the financial statements of certain expense categories which are included in expense line items disclosed on the face of the income statement. Specifically, an entity should provide disclosures in a tabular format for each line item on the income statement which contains any of the following expenses: purchases of inventory, employee compensation, depreciation, intangible asset amortization, and/or depreciation, depletion, and amortization. ASU 2024-03 also requires an entity to disclose total selling expenses. ASU 2024-03 may be adopted on a prospective or retrospective basis. We expect to adopt ASU 2024-03 for the fiscal year ending December 31, 2027, and are in the process of analyzing the impact of the ASU on our related disclosures.
v3.25.0.1
Summary of Significant Accounting Policies and Recent Accounting Pronouncements (Tables)
 12 Months Ended
Dec. 31, 2024
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
Useful Life
Buildings and improvements5-35 years
Furniture, fixtures, equipment and other3-20 years
Intangible assets/liabilities (in-place leases and below market leases)underlying lease term
v3.25.0.1
Per Share Data (Tables)
 12 Months Ended
Dec. 31, 2024
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)202420232022
Earnings per common share calculation – basic
Net income attributable to common shareholders$163,293 $403,309 $653,613 
Amount allocated to participating securities(295)(646)(990)
Net income attributable to common shareholders – basic$162,998 $402,663 $652,623 
Total earnings per common share – basic$1.50 $3.71 $6.07 
Weighted average number of common shares outstanding – basic108,491 108,653 107,605 
Earnings per common share calculation – diluted
Income from continuing operations attributable to common shareholders, net of amount allocated to participating securities$162,998 $402,663 $652,623 
Income allocated to common units from continuing operations— 2,086 1,452 
Net income attributable to common shareholders – diluted$162,998 $404,749 $654,075 
Total earnings per common share – diluted$1.50 $3.70 $6.04 
Weighted average number of common shares outstanding – basic108,491 108,653 107,605 
Incremental shares issuable from assumed conversion of:
Share awards granted48 21 50 
Common units— 725 733 
Weighted average number of common shares outstanding – diluted108,539 109,399 108,388 
v3.25.0.1
Income Taxes Income Taxes (Tables)
 12 Months Ended
Dec. 31, 2024
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, 2024, 2023, and 2022 is set forth in the following table:
 Year Ended December 31,
 202420232022
Common Share Distributions (1)
Ordinary income$3.29 $2.54 $— 
Long-term capital gain0.53 1.90 0.48 
Return of capital— — 2.26 
Unrecaptured Sec. 1250 gain0.30 0.50 0.08 
Total$4.12 $4.94 $2.82 
(1) The $1.03 per share distribution paid on January 17, 2025 was considered a 2024 distribution for federal income tax purposes and was subject to taxation based on our 2024 earnings and profits. The $1.00 per share distribution per share paid on January 17, 2024 was considered a 2023 distribution for federal income tax purposes and was subject to taxation based on our 2023 earnings. The $0.94 per share distribution per share paid on January 17, 2023 was also considered a 2023 distribution for federal income tax purposes and was also subject to taxation based on our 2023 earnings.
v3.25.0.1
Notes Payable (Tables)
 12 Months Ended
Dec. 31, 2024
Notes Payable [Abstract]  
Summary Of Indebtedness
The following is a summary of our indebtedness:
 December 31,
(in millions)20242023
Commercial banks
5.52% Term loan, due 2026
$39.9 $39.9 
6.21% Term loan, due 2024
— 300.0 
5.14% Unsecured revolving credit facility
178.0 — 
$217.9 $339.9 
Senior unsecured notes
4.36% Notes, due 2024
— 250.0 
3.68% Notes, due 2024
— 249.7 
5.75% Notes, due 2026 (1)
503.3 508.6 
3.74% Notes, due 2028
399.1 398.7 
3.67% Notes, due 2029 (2)
596.8 596.1 
2.91% Notes, due 2030
746.0 745.4 
5.06% Notes, due 2034
395.2 — 
3.41% Notes, due 2049
296.9 296.9 
$2,937.3 $3,045.4 
Total unsecured notes payable$3,155.2 $3,385.3 
Secured notes
  Master Credit Facilities
3.78% - 4.04% Conventional Mortgage Notes, due 2026 - 2028
$291.4 $291.3 
3.87% note, due 2028
39.0 38.8 
Total secured notes payable$330.4 $330.1 
Total notes payable (3)
$3,485.6 $3,715.4 
Value of real estate assets, at cost, subject to secured notes$1,358.6 $1,342.2 
(1)Balances are increased by $5.3 million and $11.6 million for fair value adjustments due to changes in benchmark interest rates related to these notes as of December 31, 2024 and 2023, respectively. See Note 9. "Derivative Financial Instruments and Hedging Activities," for further discussion.
(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%.
(3)Balances are decreased by unamortized debt discounts, debt issuance costs, and fair market value adjustments, net of $13.3 million and $5.5 million as of December 31, 2024 and 2023, respectively.
Scheduled Repayments On Outstanding Debt The table below is a summary of the maturity dates of our outstanding debt and principal amortizations, and the weighted average interest rates on such debt, at December 31, 2024:
(in millions) (1)
Amount (2)
Weighted Average
Interest Rate (3)
2025$(3.6)— %
2026565.9 5.7 
2027350.5 4.5 
2028529.9 3.8 
2029598.2 3.8 
Thereafter 1,444.7 3.6 
Total$3,485.6 4.1 %
(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 derivatives.
v3.25.0.1
Share-Based Compensation and Benefit Plans (Tables)
 12 Months Ended
Dec. 31, 2024
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, 2024 is shown below:
Nonvested
Share
Awards
Outstanding		Weighted
Average
Exercise /
Grant Price
Nonvested share awards outstanding at December 31, 2023174,164 $126.46 
Granted272,764 96.31 
Exercised/Vested(220,988)107.44 
Forfeited(9,750)106.37 
Total nonvested share awards outstanding at December 31, 2024216,190 $108.07 
Schedule of Share-based Compensation, Employee Stock Purchase Plan, Activity [Table Text Block] The following table presents information related to our ESPP:
202420232022
Shares purchased21,435 17,306 15,353 
Weighted average fair value of shares purchased$109.63 $104.26 $119.15 
Expense recorded (in millions)$0.4 $0.2 $0.2 
Temporary Equity [Table Text Block]
v3.25.0.1
Fair Value Measurements (Tables)
 12 Months Ended
Dec. 31, 2024
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, 2024 and 2023.
Financial Instruments Measured at Fair Value on a Recurring Basis
 December 31, 2024December 31, 2023
 (in millions)Quoted 
Prices in
Active Markets
for Identical
Assets (Level 1)		Significant
Other
Observable
Inputs 
(Level 2)		Significant
Unobservable
Inputs
(Level 3)		TotalQuoted
 Prices in
Active Markets
for Identical
Assets (Level 1)		Significant
Other
Observable
Inputs
 (Level 2)		Significant
Unobservable
Inputs
(Level 3)		Total
Other Assets
Deferred compensation plan investments (1)
$134.1 $— $— $134.1 $132.0 $— $— $132.0 
Derivative financial instruments (fair value hedge)— 5.3 — $5.3 — 11.6 — $11.6 
Other Liabilities
Derivative financial instruments (cash flow hedge)— — — $— — 0.7 — $0.7 
(1)Approximately $17.7 million and $10.9 million of participant cash was withdrawn from our deferred compensation plan investments during the years ended December 31, 2024 and 2023, respectively.
Fair Value Of Notes Payable The following table presents the carrying and estimated fair values of our notes payable at December 31, 2024 and 2023.
 
 December 31, 2024December 31, 2023
(in millions)Carrying
Value		Estimated
Fair Value		Carrying
Value		Estimated
Fair Value
Fixed rate notes payable$2,764.4 $2,528.6 $2,866.9 $2,651.6 
Floating rate notes payable (1)
721.2 733.0 848.5 864.9 
(1)Includes the senior unsecured notes payable and a term loan due in 2026 at December 31, 2024 and 2023, and includes balances outstanding under our unsecured revolving credit facility at December 31, 2024. At December 31, 2023, amount also includes a term loan due in 2024.
v3.25.0.1
Net Change In Operating Accounts (Tables)
 12 Months Ended
Dec. 31, 2024
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)202420232022
Change in assets:
Other assets, net$(8,731)$(1,951)$(13,950)
Change in liabilities:
Accounts payable and accrued expenses(3,336)13,639 (2,990)
Accrued real estate taxes(17,776)968 22,901 
Other liabilities34,717 2,018 (6,207)
Other3,880 3,301 4,159 
Change in operating accounts and other$8,754 $17,975 $3,913 
v3.25.0.1
Commitments And Contingencies Leases (Tables)
 12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
Lessee, Operating Leases
The following is a summary of our operating lease related information:
($ in millions)As of December 31,
Balance sheetClassification20242023
   ROU assets, netOther assets, net$2.5 $4.4 
   Operating lease liabilitiesOther liabilities$3.2 $6.0 
($ in millions)Year ended
Statement of income and comprehensive incomeClassification20242023
Rent expense related to operating lease liabilities
General and administrative expenses and property management expenses$2.6 $2.7 
   Variable lease expenseGeneral and administrative expenses and property management expenses1.1 1.2 
Total lease expense$3.7 $3.9 
($ in millions)Year ended
Statement of cash flowsClassification20242023
   Cash flows from operating leasesNet cash from operating activities$2.4$2.6 
Supplemental lease information
   Weighted average remaining lease term (years)1.62.4
   Weighted average discount rate - operating leases (1)
4.9 %5.1 %
(1)We use a secured incremental borrowing rate, as defined by ASC 842, Leases, 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, 2024:
(in millions)
Year ending December 31,Operating Leases
2025$2.5 
20260.6 
20270.2 
2028— 
2029— 
Thereafter— 
Discount for time value(0.1)
Lease liability as of December 31, 2024 (1)
$3.2 
(1) In June 2024, the Company entered into a new corporate headquarters operating lease with future minimum payments in aggregate of approximately $29.6 million. As of December 31, 2024, this lease has not commenced and is not reflected on our consolidated balance sheets. This lease is expected to commence in the fourth quarter of fiscal year 2025 with a lease term of 12 years.
v3.25.0.1
Segment Reporting (Tables)
 12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The following table details NOI and significant expenses for the years ended December 31:
(in thousands)202420232022
Property revenues$1,543,842 $1,542,027 $1,422,756 
Property expenses:
Real estate taxes(193,124)(195,009)(182,344)
Salaries and benefits for on-site employees(102,776)(98,122)(92,275)
Utilities(107,819)(104,126)(96,534)
Repairs and maintenance(70,516)(69,435)(61,141)
Other non-significant property segment expenses (a)
(84,570)(82,228)(65,787)
Net operating income985,037 993,107 924,675 
Non-property income/(loss)24,186 19,728 (11,430)
Other expenses (b)
(125,525)(113,327)(71,893)
Interest expense(129,815)(133,395)(113,424)
Depreciation and amortization(582,014)(574,813)(577,020)
Impairment associated with land development activities(40,988)— — 
Loss on early retirement of debt(921)(2,513)— 
Gain on sale of operating properties43,806 225,416 36,372 
Gain on acquisition of unconsolidated joint venture interests— — 474,146 
Equity in income of joint ventures— — 3,048 
Income tax expense(2,926)(3,650)(2,966)
Net income$170,840 $410,553 $661,508 
(a) Other non-significant property segment expenses, include the following other property and maintenance expenses: property insurance, marketing and leasing, property general and administrative, and other property expenses.
(b) Other expenses include property management, fee and asset management, general and administrative, and expense/(benefit) on deferred compensation plans.
v3.25.0.1
Schedule III - Real Estate and Accumulated Depreciation (Summary) (Tables)
 12 Months Ended
Dec. 31, 2024
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract]  
Schedule III - Real Estate and Accumulated Depreciation [Text Block]
Camden Property Trust
Real Estate and Accumulated Depreciation
As of December 31, 2024
($ amounts in thousands)		Schedule III
 Initial Cost Total Cost    
 LandBuilding/
Construction
in Progress &
Improvements		Cost 
Subsequent to
Acquisition/
Construction		LandBuilding/
Construction
in Progress &
Improvements		TotalAccumulated
Depreciation		Total Cost,
Net of
Accumulated
Depreciation		EncumbrancesYear of
Completion/
Acquisition
Current communities:
ARIZONA
       Phoenix/Scottsdale
           Camden Chandler$5,511 $62,429 $2,267 $5,511 $64,696 $70,207 $23,345 $46,862 $— 2016
           Camden Copper Square4,825 23,672 20,116 4,825 43,788 48,613 29,720 18,893 — 2000
           Camden Foothills11,006 33,712 1,936 11,006 35,648 46,654 13,749 32,905 — 2014
           Camden Legacy4,068 26,612 28,818 4,068 55,430 59,498 43,470 16,028 — 1998
           Camden Montierra13,687 31,727 13,372 13,687 45,099 58,786 18,631 40,155 — 2012
           Camden North End16,108 82,620 953 16,108 83,573 99,681 33,199 66,482 — 2019
Camden North End II10,176 70,097 512 10,176 70,609 80,785 21,616 59,169 — 2021
           Camden Old Town Scottsdale23,227 71,784 5,266 23,227 77,050 100,277 28,765 71,512 — 2019
           Camden Pecos Ranch3,362 24,492 14,831 3,362 39,323 42,685 18,410 24,275 — 2012
           Camden San Marcos11,520 35,166 17,696 11,520 52,862 64,382 21,536 42,846 — 2012
           Camden San Paloma6,480 23,045 23,656 6,480 46,701 53,181 28,950 24,231 — 2002
           Camden Sotelo3,376 30,576 4,460 3,376 35,036 38,412 13,318 25,094 — 2013
           Camden Tempe9,248 35,254 1,788 9,248 37,042 46,290 13,953 32,337 — 2015
Camden Tempe II18,518 89,317 484 18,518 89,801 108,319 15,956 92,363 — 2023
CALIFORNIA
       Los Angeles/Orange County
           Camden Crown Valley9,381 54,210 25,514 9,381 79,724 89,105 51,457 37,648 — 2001
           Camden Glendale21,492 96,158 5,053 21,492 101,211 122,703 35,986 86,717 — 2015
           Camden Harbor View16,079 127,459 50,706 16,079 178,165 194,244 109,984 84,260 — 2003
           Camden Main and Jamboree17,363 75,387 17,412 17,363 92,799 110,162 39,360 70,802 — 2008
           The Camden 18,286 118,730 3,001 18,286 121,731 140,017 40,220 99,797 — 2016
       San Diego/Inland Empire
           Camden Hillcrest20,409 72,487 507 20,409 72,994 93,403 16,787 76,616 — 2021
           Camden Landmark17,339 71,315 16,782 17,339 88,097 105,436 34,952 70,484 — 2012
           Camden Old Creek20,360 71,777 11,133 20,360 82,910 103,270 47,239 56,031 — 2007
           Camden Sierra at Otay Ranch10,585 49,781 18,469 10,585 68,250 78,835 44,697 34,138 — 2003
           Camden Tuscany3,330 36,466 12,296 3,330 48,762 52,092 31,386 20,706 — 2003
           Camden Vineyards4,367 28,494 13,984 4,367 42,478 46,845 26,340 20,505 — 2002
COLORADO
       Denver
           Camden Belleview Station8,091 44,003 13,797 8,091 57,800 65,891 25,045 40,846 — 2012
           Camden Caley2,047 17,445 14,000 2,047 31,445 33,492 23,930 9,562 — 2000
           Camden Denver West6,396 51,552 16,270 6,396 67,822 74,218 30,724 43,494 — 2012
           Camden Flatirons$6,849 $72,631 $2,973 $6,849 $75,604 $82,453 $29,214 $53,239 $— 2015
           Camden Highlands Ridge2,612 34,726 27,058 2,612 61,784 64,396 45,522 18,874 — 1996
           Camden Interlocken5,293 31,612 27,678 5,293 59,290 64,583 42,356 22,227 — 1999
           Camden Lakeway3,915 34,129 35,333 3,915 69,462 73,377 51,814 21,563 — 1997
           Camden Lincoln Station4,648 51,762 1,105 4,648 52,867 57,515 18,937 38,578 — 2017
           Camden RiNo15,989 63,147 468 15,989 63,615 79,604 20,988 58,616 — 2020
WASHINGTON DC METRO
           Camden Ashburn Farm4,835 22,604 7,641 4,835 30,245 35,080 19,034 16,046 — 2005
           Camden College Park16,409 91,503 17,814 16,409 109,317 125,726 47,474 78,252 — 2008
           Camden Dulles Station10,807 61,548 15,679 10,807 77,227 88,034 40,794 47,240 — 2008
           Camden Fair Lakes15,515 104,223 20,065 15,515 124,288 139,803 74,135 65,668 — 2005
           Camden Fairfax Corner8,484 72,953 15,797 8,484 88,750 97,234 51,824 45,410 — 2006
           Camden Fallsgrove9,408 43,647 9,416 9,408 53,063 62,471 32,009 30,462 — 2005
           Camden Grand Parc7,688 35,900 9,948 7,688 45,848 53,536 25,495 28,041 — 2005
           Camden Lansdowne15,502 102,267 31,509 15,502 133,776 149,278 83,799 65,479 — 2005
           Camden Monument Place9,030 54,089 13,133 9,030 67,222 76,252 36,909 39,343 — 2007
           Camden NoMa19,442 82,306 3,382 19,442 85,688 105,130 33,820 71,310 — 2014
           Camden NoMa II17,331 91,211 508 17,331 91,719 109,050 43,957 65,093 — 2017
           Camden Potomac Yard16,498 88,317 17,238 16,498 105,555 122,053 56,598 65,455 — 2008
           Camden Roosevelt11,470 45,785 9,426 11,470 55,211 66,681 32,589 34,092 — 2005
           Camden Shady Grove24,177 89,820 2,096 24,177 91,916 116,093 40,215 75,878 — 2018
           Camden Silo Creek9,707 45,301 11,834 9,707 57,135 66,842 34,410 32,432 — 2005
           Camden South Capitol24,829 117,638 906 24,829 118,544 143,373 20,953 122,420 51,577 2022
           Camden Washingtonian13,512 75,134 890 13,512 76,024 89,536 29,067 60,469 — 2018
FLORIDA
       Southeast Florida
           Camden Atlantic9,000 93,340 199 9,000 93,539 102,539 13,837 88,702 — 2022
           Camden Aventura12,185 47,616 19,548 12,185 67,164 79,349 42,070 37,279 — 2005
           Camden Boca Raton2,201 50,057 2,541 2,201 52,598 54,799 19,839 34,960 — 2014
           Camden Brickell14,621 57,031 46,518 14,621 103,549 118,170 62,777 55,393 — 2005
           Camden Doral10,260 40,416 11,324 10,260 51,740 62,000 31,474 30,526 — 2005
           Camden Doral Villas6,476 25,543 10,660 6,476 36,203 42,679 23,032 19,647 — 2005
           Camden Las Olas12,395 79,518 46,540 12,395 126,058 138,453 73,538 64,915 — 2005
           Camden Plantation6,299 77,964 25,426 6,299 103,390 109,689 60,184 49,505 — 2005
           Camden Portofino 9,867 38,702 18,783 9,867 57,485 67,352 32,956 34,396 — 2005
       Orlando
           Camden Hunter's Creek4,156 20,925 9,009 4,156 29,934 34,090 19,242 14,848 — 2005
           Camden Lago Vista3,497 29,623 8,203 3,497 37,826 41,323 24,278 17,045 — 2005
           Camden Lake Eola$11,374 $113,700 $966 $11,374 $114,666 $126,040 $29,172 $96,868 $— 2021
           Camden LaVina12,907 42,617 14,013 12,907 56,630 69,537 23,381 46,156 — 2012
           Camden Lee Vista4,350 34,643 22,570 4,350 57,213 61,563 40,533 21,030 — 2000
           Camden North Quarter9,990 68,471 2,628 9,990 71,099 81,089 26,573 54,516 — 2018
           Camden Orange Court5,319 40,733 12,063 5,319 52,796 58,115 26,320 31,795 — 2008
           Camden Thornton Park11,711 74,628 10,611 11,711 85,239 96,950 29,068 67,882 — 2018
           Camden Town Square13,127 45,997 3,195 13,127 49,192 62,319 20,613 41,706 — 2012
           Camden Waterford Lakes19,504 65,647 1,238 19,504 66,885 86,389 15,024 71,365 29,272 2022
           Camden World Gateway5,785 51,821 18,329 5,785 70,150 75,935 39,281 36,654 — 2005
       Tampa/St. Petersburg
           Camden Bay7,450 63,283 42,177 7,450 105,460 112,910 75,083 37,827 — 1998/2002
Camden Central21,780 149,251 3,255 21,780 152,506 174,286 35,857 138,429 — 2021
           Camden Montague3,576 16,534 1,926 3,576 18,460 22,036 8,407 13,629 — 2012
           Camden Pier District21,149 105,383 5,323 21,149 110,706 131,855 41,159 90,696 — 2018
           Camden Preserve1,206 17,982 16,083 1,206 34,065 35,271 28,453 6,818 — 1997
           Camden Royal Palms2,147 38,339 13,151 2,147 51,490 53,637 25,456 28,181 — 2007
           Camden Visconti27,031 114,061 4,238 27,031 118,299 145,330 24,096 121,234 38,189 2022
           Camden Westchase Park11,955 36,254 10,267 11,955 46,521 58,476 17,891 40,585 — 2012
GEORGIA
       Atlanta
           Camden Brookwood7,174 31,984 21,031 7,174 53,015 60,189 33,480 26,709 — 2005
           Camden Buckhead7,761 156,926 1,022 7,761 157,948 165,709 39,240 126,469 — 2022
           Camden Buckhead Square13,200 43,785 3,487 13,200 47,272 60,472 15,378 45,094 — 2017
           Camden Creekstone5,017 19,912 7,813 5,017 27,725 32,742 13,224 19,518 — 2012
           Camden Deerfield4,895 21,922 17,916 4,895 39,838 44,733 25,589 19,144 — 2005
           Camden Dunwoody5,290 23,642 20,471 5,290 44,113 49,403 25,458 23,945 — 2005
           Camden Fourth Ward10,477 51,258 3,252 10,477 54,510 64,987 21,560 43,427 — 2014
           Camden Midtown Atlanta6,196 33,828 14,948 6,196 48,776 54,972 31,633 23,339 — 2005
           Camden Paces15,262 102,521 3,910 15,262 106,431 121,693 40,923 80,770 — 2015
           Camden Peachtree City6,536 29,063 11,060 6,536 40,123 46,659 25,725 20,934 — 2005
           Camden Phipps26,840 71,006 8,207 26,840 79,213 106,053 14,647 91,406 — 2022
           Camden Shiloh4,181 18,798 7,866 4,181 26,664 30,845 17,687 13,158 — 2005
           Camden St. Clair7,526 27,486 16,860 7,526 44,346 51,872 25,713 26,159 — 2005
           Camden Stockbridge5,071 22,693 7,969 5,071 30,662 35,733 19,050 16,683 — 2005
NORTH CAROLINA
       Charlotte
           Camden Ballantyne4,503 30,250 19,492 4,503 49,742 54,245 28,261 25,984 — 2005
           Camden Cotton Mills4,246 19,147 9,755 4,246 28,902 33,148 18,916 14,232 — 2005
           CoWork by Camden$814 $3,422 $34 $814 $3,456 $4,270 $1,280 $2,990 $— 2019
           Camden Dilworth516 16,633 6,987 516 23,620 24,136 14,076 10,060 — 2006
           Camden Fairview1,283 7,223 11,221 1,283 18,444 19,727 10,044 9,683 — 2005
           Camden Foxcroft 1,408 7,919 8,230 1,408 16,149 17,557 10,138 7,419 — 2005
           Camden Foxcroft II1,152 6,499 5,096 1,152 11,595 12,747 7,696 5,051 — 2005
           Camden Gallery7,930 51,957 1,942 7,930 53,899 61,829 19,073 42,756 — 2017
           Camden Grandview7,570 33,859 22,202 7,570 56,061 63,631 33,661 29,970 — 2005
           Camden Grandview II4,656 17,852 262 4,656 18,114 22,770 5,857 16,913 — 2019
           Camden NoDa11,003 96,643 687 11,003 97,330 108,333 11,618 96,715 — 2023
           Camden Sedgebrook5,187 29,211 20,190 5,187 49,401 54,588 28,282 26,306 — 2005
           Camden South End6,625 29,175 20,904 6,625 50,079 56,704 32,025 24,679 — 2005
           Camden Southline29,754 74,533 544 29,754 75,077 104,831 13,979 90,852 32,519 2022
           Camden Stonecrest3,941 22,021 9,675 3,941 31,696 35,637 20,509 15,128 — 2005
           Camden Touchstone1,203 6,772 5,635 1,203 12,407 13,610 8,071 5,539 — 2005
       Raleigh
           Camden Asbury Village17,510 79,585 1,496 17,510 81,081 98,591 16,411 82,180 29,171 2022
           Camden Carolinian14,765 56,674 2,431 14,765 59,105 73,870 16,663 57,207 — 2019
           Camden Crest4,412 31,108 23,295 4,412 54,403 58,815 28,857 29,958 — 2005
           Camden Durham15,271 129,499 7 15,271 129,506 144,777 7,296 137,481 2024
           Camden Governor's Village3,669 20,508 13,527 3,669 34,035 37,704 19,693 18,011 — 2005
           Camden Lake Pine5,746 31,714 18,863 5,746 50,577 56,323 33,196 23,127 — 2005
           Camden Manor Park2,535 47,159 15,050 2,535 62,209 64,744 37,551 27,193 — 2006
           Camden Overlook4,591 25,563 13,938 4,591 39,501 44,092 26,057 18,035 — 2005
           Camden Reunion Park2,931 18,457 15,081 2,931 33,538 36,469 22,241 14,228 — 2005
           Camden Westwood4,567 25,519 14,854 4,567 40,373 44,940 24,938 20,002 — 2005
TENNESSEE
 Nashville
Camden Franklin Park13,785 88,573 4,413 13,785 92,986 106,771 24,160 82,611 — 2021
Camden Music Row21,802 152,340 2,942 21,802 155,282 177,084 37,211 139,873 — 2021
TEXAS
       Austin
           Camden Amber Oaks9,987 68,719 2,102 9,987 70,821 80,808 16,251 64,557 — 2022
           Camden Amber Oaks II7,973 50,052 797 7,973 50,849 58,822 11,747 47,075 — 2022
           Camden Brushy Creek9,618 54,076 1,060 9,618 55,136 64,754 11,150 53,604 12,149 2022
           Camden Cedar Hills2,684 20,931 6,293 2,684 27,224 29,908 15,353 14,555 — 2008
           Camden Gaines Ranch5,094 37,100 23,463 5,094 60,563 65,657 33,771 31,886 — 2005
           Camden Huntingdon2,289 17,393 23,402 2,289 40,795 43,084 29,170 13,914 — 1995
           Camden La Frontera 3,250 32,376 2,305 3,250 34,681 37,931 14,085 23,846 — 2015
           Camden Lamar Heights$3,988 $42,773 $2,144 $3,988 $44,917 $48,905 $17,888 $31,017 $— 2015
           Camden Rainey Street30,044 85,477 5,813 30,044 91,290 121,334 28,746 92,588 — 2019
           Camden Shadow Brook18,039 101,572 3,860 18,039 105,432 123,471 21,092 102,379 23,299 2022
           Camden Stoneleigh3,498 31,285 18,009 3,498 49,294 52,792 27,363 25,429 — 2006
       Dallas/Fort Worth
           Camden Addison11,516 29,332 12,441 11,516 41,773 53,289 22,024 31,265 — 2012
           Camden Belmont12,521 61,522 11,457 12,521 72,979 85,500 31,114 54,386 — 2012
           Camden Buckingham2,704 21,251 15,468 2,704 36,719 39,423 28,957 10,466 — 1997
           Camden Centreport1,613 12,644 10,042 1,613 22,686 24,299 17,493 6,806 — 1997
           Camden Cimarron2,231 14,092 10,881 2,231 24,973 27,204 21,955 5,249 — 1997
           Camden Design District30,004 90,678 1,595 30,004 92,273 122,277 17,315 104,962 — 2022
           Camden Farmers Market17,341 74,193 47,844 17,341 122,037 139,378 80,343 59,035 — 2001/2005
Camden Greenville42,645 116,923 4,141 42,645 121,064 163,709 19,479 144,230 — 2021
           Camden Henderson3,842 15,256 1,715 3,842 16,971 20,813 7,474 13,339 — 2012
           Camden Legacy Creek2,052 12,896 9,886 2,052 22,782 24,834 18,852 5,982 — 1997
           Camden Legacy Park2,560 15,449 18,273 2,560 33,722 36,282 23,745 12,537 — 1997
           Camden Panther Creek8,850 62,860 4,780 8,850 67,640 76,490 13,268 63,222 14,423 2022
           Camden Riverwalk24,961 133,698 2,781 24,961 136,479 161,440 27,629 133,811 — 2022
           Camden Valley Park3,096 14,667 21,314 3,096 35,981 39,077 32,147 6,930 — 1994
           Camden Victory Park 13,445 71,735 3,037 13,445 74,772 88,217 26,812 61,405 — 2016
       Houston
           Camden City Centre4,976 44,735 16,617 4,976 61,352 66,328 34,751 31,577 — 2007
           Camden City Centre II5,101 28,131 1,913 5,101 30,044 35,145 12,580 22,565 — 2013
Camden Cypress Creek8,282 69,368 1,201 8,282 70,569 78,851 14,283 64,568 12,386 2022
Camden Cypress Creek II5,940 50,102 210 5,940 50,312 56,252 10,154 46,098 — 2022
Camden Downs at Cinco Ranch8,285 77,053 1,820 8,285 78,873 87,158 16,001 71,157 — 2022
Camden Downtown7,813 123,819 1,213 7,813 125,032 132,845 43,351 89,494 — 2020
           Camden Grand Harbor7,841 64,834 5,639 7,841 70,473 78,314 13,750 64,564 11,824 2022
           Camden Greenway16,916 43,933 28,395 16,916 72,328 89,244 56,199 33,045 — 1999
           Camden Heights34,079 88,824 2,218 34,079 91,042 125,121 17,054 108,067 31,657 2022
           Camden Highland Village28,536 111,802 10,476 28,536 122,278 150,814 38,879 111,935 — 2019
           Camden Holly Springs11,108 42,852 17,465 11,108 60,317 71,425 30,988 40,437 — 2012
           Camden Long Meadow Farms7,835 64,018 10 7,835 64,028 71,863 2,507 69,356 — 2024
           Camden McGowen Station6,089 85,038 4,151 6,089 89,189 95,278 34,375 60,903 — 2018
           Camden Midtown4,583 18,026 14,788 4,583 32,814 37,397 26,154 11,243 — 1999
           Camden Northpointe5,593 81,289 2,205 5,593 83,494 89,087 16,793 72,294 15,847 2022
           Camden Plaza7,204 31,044 11,286 7,204 42,330 49,534 20,122 29,412 — 2007
           Camden Post Oak14,056 92,515 24,738 14,056 117,253 131,309 51,493 79,816 — 2013
           Camden Royal Oaks$1,055 $20,046 $6,753 $1,055 $26,799 $27,854 $15,951 $11,903 $— 2006
           Camden Royal Oaks II 587 12,743 53 587 12,796 13,383 5,461 7,922 — 2012
           Camden Spring Creek12,317 73,942 6,172 12,317 80,114 92,431 16,186 76,245 — 2022
           Camden Stonebridge1,016 7,137 8,989 1,016 16,126 17,142 13,748 3,394 — 1993
           Camden Sugar Grove7,614 27,594 8,080 7,614 35,674 43,288 16,983 26,305 — 2012
           Camden Travis Street1,780 29,104 3,410 1,780 32,514 34,294 16,455 17,839 — 2010
           Camden Vanderbilt16,076 44,918 54,078 16,076 98,996 115,072 68,618 46,454 — 1994/1997
           Camden Whispering Oaks1,188 26,242 4,234 1,188 30,476 31,664 16,474 15,190 — 2008
           Camden Woodmill Creek9,437 62,776 4 9,437 62,780 72,217 4,773 67,444 — 2024
           Camden Woodson Park3,995 62,430 1,050 3,995 63,480 67,475 12,717 54,758 11,877 2022
           Camden Yorktown6,673 68,568 1,281 6,673 69,849 76,522 14,083 62,439 16,168 2022
Total current communities:$1,722,526 $9,364,571 $1,935,677 $1,722,526 $11,300,248 $13,022,774 $4,867,405 $8,155,369 $330,358 
Communities under construction:
       Name / location
Camden Village District
        Raleigh, NC		— 122,009 — — 122,009 122,009 17 121,992 — N/A
Camden South Charlotte
        Charlotte, NC		— 50,978 — — 50,978 50,978 — 50,978 — N/A
Camden Blakeney
        Charlotte, NC		— 38,518 — — 38,518 38,518 — 38,518 — N/A
Total communities under construction:$— $211,505 $— $— $211,505 $211,505 $17 $211,488 $— 
Development pipeline communities:
       Name/location
Camden Nations
        Nashville, TN		— 42,986 — — 42,986 42,986 — 42,986 — N/A
Camden Baker
        Denver, CO		— 36,598 — — 36,598 36,598 — 36,598 — N/A
Camden Gulch
        Nashville, TN		— 52,765 — — 52,765 52,765 — 52,765 — N/A
Total development pipeline communities:$— $132,349 $— $— $132,349 $132,349 $— $132,349 $— 
Land Holdings$— $57,760 $— $— $57,760 $57,760 $— $57,760 $— N/A
Corporate$— $19,140 $— $— $19,140 $19,140 $— $19,140 $— N/A
$— $76,900 $— $— $76,900 $76,900 $— $76,900 $— 
TOTAL$1,722,526 $9,785,325 $1,935,677 $1,722,526 $11,721,002 $13,443,528 $4,867,422 $8,576,106 $330,358 
Camden Property Trust
Real Estate and Accumulated Depreciation
As of December 31, 2023
(in thousands)		Schedule III
 
The changes in total real estate assets for the years ended December 31:
 
202420232022
Balance, beginning of period$13,192,127 $12,915,873 $10,449,067 
Additions during period:
Acquisition of operating properties— — 2,068,440 
Development and repositions281,617 309,678 352,174 
Improvements115,419 109,257 105,321 
Deductions during period:
Cost of real estate disposed(104,647)(142,681)(59,129)
Impairment(40,988)— — 
Balance, end of period$13,443,528 $13,192,127 $12,915,873 
 
The changes in accumulated depreciation for the years ended December 31:
 
 202420232022
Balance, beginning of period$4,332,524 $3,848,111 $3,358,027 
Depreciation of real estate assets569,409 562,397 515,413 
Dispositions(34,511)(77,984)(25,329)
Balance, end of period$4,867,422 $4,332,524 $3,848,111 
The aggregate cost for federal income tax purposes at December 31, 2024 was $11.3 billion.
v3.25.0.1
Schedule IV - Mortgage Loans on Real Estate (Tables)
 12 Months Ended
Dec. 31, 2024
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Abstract]  
Mortgage Loans on Real Estate Table [Table Text Block]
Camden Property Trust
Mortgage Loans on Real Estate
As of December 31, 2024		Schedule IV
($ in thousands)

Description
Interest Rate
Final Maturity Date (a)
Periodic payment termsFace amount of
mortgages
Carrying amount of
mortgages (b)
Parking Garage
Developer advances
Houston, TX		(c)October 1, 2025(d)$18,790 $— 

(a)    The loan was paid in August 2024.
(b)    The aggregate cost at December 31, 2024 for federal income tax purposes was $0.
(c)    This loan bore interest at 7%.
(d)    Payments consisted of annual interest and principal payments.
Changes in Mortgage Loans [Table Text Block]
Changes in mortgage loans for the years ended December 31 are summarized below:
202420232022
Balance, beginning of period$2,087 $3,532 $4,978 
Deductions:
Collections of principal(2,087)(1,445)(1,446)
Balance, end of period$— $2,087 $3,532 
v3.25.0.1
Description Of Business (Details)
Dec. 31, 2024
Description of Business [Abstract]  
Number of multifamily communities comprising of apartment homes 177
Total number of apartment homes in multifamily communities 59,996
Number of multifamily properties under development 3
Total number of apartment homes in multifamily properties upon completion of development 1,138
v3.25.0.1
Summary of Significant Accounting Policies and Recent Accounting Pronouncements (Narrative) (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
New Accounting Pronouncements or Change in Accounting Principle [Line Items]      
Amortization of in-place leases   $ 50,300  
Amortization of Below Market Lease   8,600  
Capitalized interest $ 17,900 20,200 $ 18,100
Capitalized real estate taxes 3,200 3,400 $ 4,200
Equity Securities without Readily Determinable Fair Value, Amount $ 16,600 $ 14,300  
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 93.00%    
Limited Liability Company (LLC) or Limited Partnership (LP), Managing Member or General Partner, Ownership Interest 1.00%    
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 95.00%    
Limited Liability Company (LLC) or Limited Partnership (LP), Managing Member or General Partner, Ownership Interest 1.00%    
Residential Leases [Member] | Maximum [Member]      
New Accounting Pronouncements or Change in Accounting Principle [Line Items]      
Lessor, Operating Lease, Term of Contract 14 months    
v3.25.0.1
Summary of Significant Accounting Policies and Recent Accounting Pronouncements (Expected Useful Lives Of Depreciable Property) (Details)
 12 Months Ended
Dec. 31, 2024
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
v3.25.0.1
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, 2024
USD ($)
Revenue Recognition and Deferred Revenue [Abstract]  
Lessor, Operating Lease, Payments to be Received 2025 $ 871,600
Lessor, Operating Lease, Payments to be Received 2026 51,200
Lessor, Operating Lease, Payments to be Received 2027 3,300
Lessor, Operating Lease, Payments to be Received 2028 3,000.0
Lessor, Operating Lease, Payments to be Received 2029 2,600
Lessor, Operating Lease, Payments to be Received, Thereafter 3,600
Lessor, Operating Lease, Payments to be Received $ 935,300
v3.25.0.1
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, 2024
Dec. 31, 2023
Dec. 31, 2022
Earnings Per Share [Abstract]      
Number of common share equivalent securities excluded from the diluted earnings per share calculation 1,800 1,000 1,000
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent $ 163,293 $ 403,309 $ 653,613
Amount allocated to participating securities (295) (646) (990)
Net Income (Loss) Available to Common Stockholders, Basic $ 162,998 $ 402,663 $ 652,623
Total earnings per common share - basic $ 1.50 $ 3.71 $ 6.07
Weighted average number of common shares outstanding – basic 108,491 108,653 107,605
Income allocated to common units from continuing operations $ 0 $ 2,086 $ 1,452
Net income attributable to common shareholders - diluted $ 162,998 $ 404,749 $ 654,075
Total earnings per common share - diluted $ 1.50 $ 3.70 $ 6.04
Common share options and share awards granted 48 21 50
Common units 0 725 733
Weighted average number of common shares outstanding - diluted 108,539 109,399 108,388
v3.25.0.1
Common Shares (Narrative) (Details) - USD ($)
$ / shares in Units, $ in Thousands
 3 Months Ended 12 Months Ended
May 23, 2023
May 13, 2022
Mar. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Feb. 20, 2025
Number of common and preferred stock authorized to issue       185,000,000      
Common shares, authorized       175,000,000      
Preferred shares, authorized       10,000,000      
Common Stock, Shares, Outstanding       106,700,000      
Preferred Stock, Shares Outstanding       0      
Cash distributions declared to equity holders per share       $ 4.12 $ 4.00 $ 3.76  
Treasury Stock, Value, Acquired, Cost Method       $ 49,997      
2022 ATM program              
Maximum aggregate offering price of common shares   $ 500,000          
2023 ATM program              
Maximum aggregate offering price of common shares $ 500,000            
Subsequent Event [Member]              
Cash distributions declared to equity holders per share     $ 1.05        
2023 Share repurchase program              
Stock Repurchase Program, Authorized Amount       500,000      
October 2022 Repurchase Plan              
Treasury Stock, Value, Acquired, Cost Method       $ 50,000      
Treasury Stock, Shares, Acquired       515,974      
Shares Acquired, Average Cost Per Share       $ 96.88      
October 2022 Repurchase Plan | Subsequent Event [Member]              
Stock Repurchase Program, Remaining Authorized Repurchase Amount             $ 450,000
v3.25.0.1
Operating Partnerships (Details) - USD ($)
$ in Thousands, shares in Millions
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Unsecured Debt $ 3,155,233 $ 3,385,309
Negative tax capital held by unitholder of partnership $ 23,700  
Camden Operating L P [Member]    
Limited Liability Company or Limited Partnership, Members or Limited Partners, Ownership Interest 93.00%  
Limited Liability Company (LLC) or Limited Partnership (LP), Managing Member or General Partner, Ownership Interest 1.00%  
Camden Summit Partnership L P [Member]    
Limited Liability Company or Limited Partnership, Members or Limited Partners, Ownership Interest 95.00%  
Limited Liability Company (LLC) or Limited Partnership (LP), Managing Member or General Partner, Ownership Interest 1.00%  
Camden Operating L P [Member]    
Percentage Of Real Estate Properties Held With Operating Partnership 4.00%  
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 26.00%  
Units of Partnership Interest, Amount 22.8  
Limited Partners' Capital Account, Units Outstanding 0.9  
Commercial Banks [Member]    
Unsecured Debt $ 217,900 339,900
Commercial Banks [Member] | 5.52% Term loan Due 2024    
Unsecured Debt $ 39,900 $ 39,900
v3.25.0.1
Income Taxes (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Difference Between Carry Value Of Net Assets And Tax Basis Of Net Assets $ 1,500,000    
Current Income Tax Expense (Benefit) $ 2,926 $ 3,650 $ 2,966
Annual dividends distribution percentage to shareholders to qualify as a REIT 90.00%    
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    
v3.25.0.1
Income Taxes (Schedule of Per Share Distributions Reported to Shareholders) (Details) - $ / shares
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash distributions declared to equity holders per share $ 4.12 $ 4.00 $ 3.76
Total common share distributions 4.12 4.00 3.76
Tax Characteristics dividend      
Ordinary Income 3.29 2.54 0
Long-term capital gain 0.53 1.90 0.48
Return of capital 0 0 2.26
Unrecaptured Sec. 1250 gain 0.30 0.50 0.08
Cash distributions declared to equity holders per share [1] 4.12 4.94 2.82
Total common share distributions [1] $ 4.12 $ 4.94 $ 2.82
[1] The $1.03 per share distribution paid on January 17, 2025 was considered a 2024 distribution for federal income tax purposes and was subject to taxation based on our 2024 earnings and profits. The $1.00 per share distribution per share paid on January 17, 2024 was considered a 2023 distribution for federal income tax purposes and was subject to taxation based on our 2023 earnings. The $0.94 per share distribution per share paid on January 17, 2023 was also considered a 2023 distribution for federal income tax purposes and was also subject to taxation based on our 2023 earnings.
v3.25.0.1
Acquisitions and Dispositions (Narrative) (Details)
$ in Thousands
 12 Months Ended
Jan. 23, 2025
USD ($)
Feb. 07, 2024
USD ($)
Jun. 29, 2023
USD ($)
Jun. 08, 2022
USD ($)
a
Apr. 07, 2022
USD ($)
a
Apr. 01, 2022
USD ($)
Mar. 24, 2022
USD ($)
Mar. 08, 2022
USD ($)
a
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Property, Plant and Equipment [Line Items]                      
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property                 $ 43,806 $ 225,416 $ 36,372
Payments to Acquire Real Estate                 0 0 (1,066,051)
Secured notes payable                 330,358 330,127  
Gain on acquisition of unconsolidated joint venture interests                 0 0 474,146
Real Estate Assets Total                 8,576,106 8,859,603  
Other Assets                 234,838 244,182  
Other liabilities                 0 0 39,168
Equity Method Investment, Ownership Percentage CPT           31.30%          
Impairment associated with land development activities                 $ 40,988 $ 0 $ 0
Art District, Downtown II, Paces III                      
Property, Plant and Equipment [Line Items]                      
Number of Impaired Land Parcels                 3    
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)          
Secured notes payable           514,600          
Real Estate Assets Total           2,100,000          
Other Assets           24,700          
Below Market Lease, Net           7,600          
Other liabilities           39,200          
Finite-Lived Intangible Asset, Acquired-in-Place Leases           $ 44,000          
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            
Nations                      
Property, Plant and Equipment [Line Items]                      
Area of Land | a       3.8              
Purchase price of land acquired       $ 30,500              
Camden Long Meadow Farms                      
Property, Plant and Equipment [Line Items]                      
Area of Land | a               15.9      
Purchase price of land acquired               $ 7,800      
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    
Number of Real Estate Properties             1        
Number of Units in Real Estate Property             245        
Proceeds from Sale of Property, Plant, and Equipment             $ 71,900        
Camden Sea Palms and Martinique | Disposal Group, Disposed of by Sale, Not Discontinued Operations [Member]                      
Property, Plant and Equipment [Line Items]                      
Number of Real Estate Properties                 2    
Number of Units in Real Estate Property                   852  
Proceeds from Sale of Property, Plant, and Equipment     $ 225,300           $ 293,100    
Camden Vantage [Member] | Disposal Group, Disposed of by Sale, Not Discontinued Operations [Member]                      
Property, Plant and Equipment [Line Items]                      
Number of Units in Real Estate Property   592                  
Proceeds from Sale of Property, Plant, and Equipment   $ 115,000                  
Camden Leander | Subsequent Event [Member]                      
Property, Plant and Equipment [Line Items]                      
Number of Units in Real Estate Property 352                    
Payments to Acquire Real Estate $ (67,700)                    
Art District, Downtown II, Paces III                      
Property, Plant and Equipment [Line Items]                      
Impairment associated with land development activities                 $ 41,000    
v3.25.0.1
Notes Payable (Summary Of Indebtedness) (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Sep. 16, 2024
Jan. 31, 2024
Jan. 04, 2024
Dec. 31, 2023
Nov. 01, 2023
Total notes payable [1] $ 3,485,600       $ 3,715,400  
Unsecured Debt 3,155,233       3,385,309  
Secured Debt 330,358       330,127  
Value Of Real Estate Assets At Cost Subject To Secured Notes 1,358,600       1,342,200  
Commercial Banks [Member]            
Unsecured Debt 217,900       339,900  
Senior Unsecured Notes [Member]            
Unsecured Debt $ 2,937,300       $ 3,045,400  
5.52% Term loan Due 2024 | Commercial Banks [Member]            
Notes payable, effective interest rate 5.52%       1.85%  
Debt Instrument, Maturity Date Sep. 30, 2026          
Unsecured Debt $ 39,900       $ 39,900  
6.21% Term loan, due 2024 | Commercial Banks [Member]            
Notes payable, effective interest rate       6.21% 6.21%  
Debt Instrument, Maturity Date Aug. 29, 2024          
Unsecured Debt $ 0       $ 300,000  
Unsecured Credit Facility [Member] | Commercial Banks [Member]            
Notes payable, effective interest rate 5.14%          
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         $ 250,000  
3.68% Notes Due 2024 | Senior Unsecured Notes [Member]            
Notes payable, effective interest rate   3.68%     3.68%  
Debt Instrument, Maturity Date Sep. 16, 2024          
Unsecured Debt $ 0       $ 249,700  
6.69% Note, Due 2026 | Senior Unsecured Notes [Member]            
Notes payable, effective interest rate 5.75%       5.75% 5.85%
Debt Instrument, Maturity Date Nov. 03, 2026          
Unsecured Debt [2] $ 503,300       $ 508,600  
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 $ 399,100       $ 398,700  
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 [3] $ 596,800       $ 596,100  
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 $ 746,000       $ 745,400  
5.06% Notes, due 2034 | Senior Unsecured Notes [Member]            
Notes payable, effective interest rate 5.06%          
Debt Instrument, Maturity Date Jan. 15, 2034          
5.06% Notes, Due 2034 | Senior Unsecured Notes [Member]            
Unsecured Debt $ 395,200       $ 0  
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 $ 296,900       $ 296,900  
3.78% - 4.04% Conventional Mortgage Notes, due 2026 - 2028 | Secured Debt [Member]            
Secured Debt $ 291,400       291,300  
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          
3.87% note, due 2028 | Secured Debt [Member]            
Notes payable, effective interest rate 3.87%          
Debt Instrument, Maturity Date Jan. 01, 2028          
Secured Debt $ 39,000       38,800  
Unsecured Credit Facility [Member] | Commercial Banks [Member]            
Unsecured Debt $ 178,000       $ 0  
[1] Balances are decreased by unamortized debt discounts, debt issuance costs, and fair market value adjustments, net of $13.3 million and $5.5 million as of December 31, 2024 and 2023, respectively.
[2] Balances are increased by $5.3 million and $11.6 million for fair value adjustments due to changes in benchmark interest rates related to these notes as of December 31, 2024 and 2023, respectively. See Note 9. "Derivative Financial Instruments and Hedging Activities," for further discussion.
[3] 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%.
v3.25.0.1
Notes Payable (Narrative) (Details)
$ in Thousands
 1 Months Ended 12 Months Ended
Sep. 16, 2024
USD ($)
Jan. 04, 2024
USD ($)
Jan. 31, 2024
USD ($)
Dec. 31, 2024
USD ($)
yr
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Nov. 01, 2023
USD ($)
Sep. 30, 2022
USD ($)
Apr. 01, 2022
USD ($)
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net       $ 13,300 $ 5,500        
Unsecured notes payable       3,155,233 3,385,309        
Total notes payable [1]       3,485,600 3,715,400        
Loss on early retirement of debt       921 2,513 $ 0      
Available amount under unsecured credit facility       $ 1,000,000          
Weighted average interest rate on floating rate debt [2],[3]       4.10%          
Weighted average maturity of indebtedness (including unsecured credit facility and unsecured short-term borrowings) (in years) | yr       6.2          
Repayments of Notes Payable       $ 800,000 437,749 $ 350,000      
Secured notes payable       330,358 330,127        
Amortization of Debt Discount (Premium)         400        
The Funds                  
Secured notes payable                 $ 514,600
Letter Of Credit [Member]                  
Maximum Ability to Issue Letters of Credit Under Unsecured Credit Facility       50,000          
Outstanding balance under credit facility       27,500          
Commercial Banks [Member]                  
Unsecured notes payable       217,900 339,900        
Commercial Banks [Member] | Unsecured Credit Facility [Member]                  
Unsecured notes payable       178,000 0        
Senior Unsecured Notes [Member]                  
Unsecured notes payable       2,937,300 3,045,400        
Unsecured Credit Facility [Member]                  
Value not exceeding the amount available under the unsecured credit facility       $ 600,000          
Terms Of Bid Rate Loans       180 days          
Unsecured Credit Facility [Member] | August 2022 Credit Agreement                  
Line of Credit Facility, Maximum Borrowing Capacity       $ 1,200,000          
Unsecured Credit Facility [Member] | Commercial Banks [Member]                  
Notes payable, effective interest rate       5.14%          
Floating Rate Notes Payable [Member]                  
Total notes payable [4]       $ 721,200 $ 848,500        
Weighted average interest rate on floating rate debt       5.60% 6.50%        
5.52% Term loan Due 2024 | Commercial Banks [Member]                  
Unsecured notes payable       $ 39,900 $ 39,900        
Debt Instrument, Maturity Date       Sep. 30, 2026          
Notes payable, effective interest rate       5.52% 1.85%        
6.21% Term loan, due 2024 | Commercial Banks [Member]                  
Unsecured notes payable       $ 0 $ 300,000        
Debt Instrument, Maturity Date       Aug. 29, 2024          
Notes payable, effective interest rate   6.21%     6.21%        
Repayments of Notes Payable   $ 300,000              
3.78% - 4.04% Conventional Mortgage Notes, due 2026 - 2028 | Secured Debt [Member]                  
Secured notes payable       $ 291,400 $ 291,300        
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% - 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%          
3.87% note, due 2028 | Secured Debt [Member]                  
Debt Instrument, Maturity Date       Jan. 01, 2028          
Notes payable, effective interest rate       3.87%          
Secured notes payable       $ 39,000 38,800        
Term loan, due 2024 full value | Commercial Banks [Member]                  
Unsecured notes payable               $ 40,000  
6.69% Note, Due 2026 | Senior Unsecured Notes [Member]                  
Unsecured notes payable [5]       $ 503,300 $ 508,600        
Debt Instrument, Maturity Date       Nov. 03, 2026          
Notes payable, effective interest rate       5.75% 5.75%   5.85%    
Debt Instrument, Face Amount             $ 500,000    
Derivative, Notional Amount             $ 500,000    
Secured variable rate notes | Secured Debt [Member]                  
Loss on early retirement of debt       $ (900)          
Four Point Nine Percentage Notes Due 2034 | Senior Unsecured Notes [Member]                  
Notes payable, effective interest rate   4.90%              
Debt Instrument, Face Amount   $ 400,000              
Discounted notes payable face amount   99.638%              
Debt Instrument, Interest Rate During Period   4.946%              
Proceeds from Issuance of Debt   $ 394,800              
4.36% Notes Due 2024 | Commercial Banks [Member]                  
Repayments of Notes Payable     $ 250,000            
4.36% Notes Due 2024 | Senior Unsecured Notes [Member]                  
Unsecured notes payable         $ 250,000        
Debt Instrument, Maturity Date       Jan. 15, 2024          
Notes payable, effective interest rate     4.36%   4.36%        
Repayments of Notes Payable     $ 0            
3.68% Notes Due 2024 | Senior Unsecured Notes [Member]                  
Unsecured notes payable       $ 0 $ 249,700        
Debt Instrument, Maturity Date       Sep. 16, 2024          
Notes payable, effective interest rate 3.68%       3.68%        
Repayments of Notes Payable $ 250,000                
[1] Balances are decreased by unamortized debt discounts, debt issuance costs, and fair market value adjustments, net of $13.3 million and $5.5 million as of December 31, 2024 and 2023, respectively.
[2] Includes the effects of the applicable settled derivatives.
[3] Includes all available extension options.
[4] Includes the senior unsecured notes payable and a term loan due in 2026 at December 31, 2024 and 2023, and includes balances outstanding under our unsecured revolving credit facility at December 31, 2024. At December 31, 2023, amount also includes a term loan due in 2024.
[5] Balances are increased by $5.3 million and $11.6 million for fair value adjustments due to changes in benchmark interest rates related to these notes as of December 31, 2024 and 2023, respectively. See Note 9. "Derivative Financial Instruments and Hedging Activities," for further discussion.
v3.25.0.1
Notes Payable (Scheduled Repayments On Outstanding Debt) (Details)
$ in Millions
Dec. 31, 2024
USD ($)
2025 $ (3.6)
2026 565.9
2027 350.5
2028 529.9
2029 598.2
Thereafter 1,444.7
Total notes payable $ 3,485.6 [1],[2]
Weighted Average Interest Rate 4.10% [1],[3]
Maturities due in 2025  
Weighted Average Interest Rate 0.00%
Maturities due in 2026  
Weighted Average Interest Rate 5.70%
Maturities due in 2027  
Weighted Average Interest Rate 4.50%
Maturities due in 2028  
Weighted Average Interest Rate 3.80%
Maturities due in 2029  
Weighted Average Interest Rate 3.80%
Maturities Due Thereafter [Member]  
Weighted Average Interest Rate 3.60%
[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 derivatives.
v3.25.0.1
Derivative Financial Instruments and Hedging Activities (Details) - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]          
CPT Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net     $ 1,300 $ 1,400 $ 1,300
Unsecured Debt $ 3,155,233 $ 3,385,309 $ 3,155,233 $ 3,385,309  
Unrealized Gain (Loss) on Interest Rate Cash Flow Hedges, Accumulated Other Comprehensive Income (Loss) $ 800 $ 700      
v3.25.0.1
Share-Based Compensation and Benefit Plans (Narrative) (Details)
 12 Months Ended
Dec. 31, 2024
USD ($)
shares
Dec. 31, 2023
USD ($)
shares
Dec. 31, 2022
USD ($)
May 17, 2018
shares
Total compensation cost for option and share awards $ 16,100,000 $ 15,800,000 $ 14,200,000  
Total capitalized compensation cost for option and share awards $ 5,300,000 $ 5,900,000 4,500,000  
Employee Share Purchase Program maximum shares available | shares 500,000      
Percentage Of Market Value Per Share At Which Shares Purchased Under Employee Share Purchase Plan 85.00%      
EmployeeSharePurchasePlanMaximumAuthorizedAmountPerParticipant $ 25,000      
Share Awards Held In Employee Trust Shares | shares 700,000 1,000,000.0    
Share Awards Held In Non Qualified Deferred Compensation Plan Shares $ 13,200,000 $ 9,700,000    
Cash Required By Plan Participants Upon Withdrawal 9,000,000.0 11,900,000    
Defined Contribution Plan, Cost $ 3,400,000 $ 3,400,000 3,400,000  
Share Awards Held In Non Qualified Deferred Compensation Plan Shares | shares 1,200,000 1,100,000    
Trading Securities Held In Non Qualified Deferred Compensation Plan Value $ 120,900,000 $ 122,300,000    
Share Awards and Vesting [Member]        
Total unrecognized compensation cost related to unvested options which is expected to be amortized 13,700,000      
Fair value of shares vested $ 23,700,000 $ 24,700,000 $ 19,400,000  
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 4,300,000     9,700,000
Fungible Units To Full Value Award Conversion Ratio 3.45      
Full Value award in the fungible unit conversion ratio | shares 1.0      
Expiration value of option right or other award | shares 1.0      
Common shares which could be granted pursuant to full value awards | shares 1,200,000      
v3.25.0.1
Share-Based Compensation and Benefit Plans (Summary Of Share Incentive Plans) (Details) - $ / shares
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested [Roll Forward]      
Nonvested share awards outstanding, Beginning balance 174,164    
Granted, Share Awards Outstanding 272,764    
Exercised/Vested, Share Awards Outstanding (220,988)    
Forfeited, Share Awards Outstanding (9,750)    
Nonvested share awards outstanding, Ending balance 216,190 174,164  
Nonvested share awards outstanding, Weighted Average Exercise/Grant Price Beginning $ 126.46    
Granted, Weighted Average Exercise/Grant Price 96.31 $ 117.02 $ 161.91
Exercised/Vested, Weighted Average Exercise/Grant Price 107.44    
Forfeited, Weighted Average Exercise/Grant Price 106.37    
Nonvested share awards outstanding, Weighted Average Exercise/Grant Price Ending $ 108.07 $ 126.46  
v3.25.0.1
Share-Based Compensation and Benefit Plans (Employee Share Purchase Plan Activity) (Details) - USD ($)
$ / shares in Units, $ in Millions
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Share-Based Payment Arrangement, Noncash Expense [Abstract]      
Stock Issued During Period, Shares, Employee Stock Purchase Plans 21,435 17,306 15,353
Weighted Average Fair Value Of Shares Purchased Under Employee Share Purchase Plan $ 109.63 $ 104.26 $ 119.15
Employee Stock Ownership Plan (ESOP), Compensation Expense $ 0.4 $ 0.2 $ 0.2
v3.25.0.1
Fair Value Measurements (Financial Assets And Liabilities Measured At Fair Value) (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Deferred compensation plan investments $ 134.1 [1] $ 132.0
Interest Rate Cash Flow Hedge Liability at Fair Value
Participant Withdrawals From Deferred Compensation Plan Investments 17.7 10.9
Level 1 [Member]    
Deferred compensation plan investments 134.1 132.0
Level 2 [Member]    
Deferred compensation plan investments 0.0 0.0
Level 3 [Member]    
Deferred compensation plan investments 0.0 0.0
Interest Rate Swap [Member]    
Interest Rate Cash Flow Hedge Liability at Fair Value 0.0 0.7
Interest Rate Swap [Member] | Level 1 [Member]    
Interest Rate Cash Flow Hedge Liability at Fair Value 0.0 0.0
Interest Rate Swap [Member] | Level 2 [Member]    
Interest Rate Cash Flow Hedge Liability at Fair Value 0.0 0.7
Interest Rate Swap [Member] | Level 3 [Member]    
Interest Rate Cash Flow Hedge Liability at Fair Value 0.0 0.0
Fair Value Hedging    
Hedged Asset, Fair Value Hedge 5.3 11.6
Fair Value Hedging | Level 1 [Member]    
Hedged Asset, Fair Value Hedge 0.0 0.0
Fair Value Hedging | Level 2 [Member]    
Hedged Asset, Fair Value Hedge 5.3 11.6
Fair Value Hedging | Level 3 [Member]    
Hedged Asset, Fair Value Hedge $ 0.0 $ 0.0
[1] Approximately $17.7 million and $10.9 million of participant cash was withdrawn from our deferred compensation plan investments during the years ended December 31, 2024 and 2023, respectively.
v3.25.0.1
Fair Value Measurements (Fair Value Of Notes Payable) (Details) - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Carrying Value [1] $ 3,485.6 $ 3,715.4
Fixed Rate Notes Payable [Member]    
Carrying Value 2,764.4 2,866.9
Estimated Fair Value 2,528.6 2,651.6
Floating Rate Notes Payable [Member]    
Carrying Value [2] 721.2 848.5
Estimated Fair Value [2] $ 733.0 $ 864.9
[1] Balances are decreased by unamortized debt discounts, debt issuance costs, and fair market value adjustments, net of $13.3 million and $5.5 million as of December 31, 2024 and 2023, respectively.
[2] Includes the senior unsecured notes payable and a term loan due in 2026 at December 31, 2024 and 2023, and includes balances outstanding under our unsecured revolving credit facility at December 31, 2024. At December 31, 2023, amount also includes a term loan due in 2024.
v3.25.0.1
Fair Value Measurements (Narrative) (Details)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Impairment associated with land development activities $ 40,988 $ 0 $ 0
Art District, Downtown II, Paces III      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Number of Impaired Land Parcels 3    
Fair Value, Inputs, Level 1, Level 2, and Level 3      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Assets, Fair Value Disclosure $ 46,700    
Art District, Downtown II, Paces III      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Impairment associated with land development activities $ 41,000    
v3.25.0.1
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, 2024
Dec. 31, 2023
Dec. 31, 2022
Increase (Decrease) in Operating Capital [Abstract]      
Other assets, net $ (8,731) $ (1,951) $ (13,950)
Accounts payable and accrued expenses (3,336) 13,639 (2,990)
Accrued real estate taxes (17,776) 968 22,901
Other liabilities 34,717 2,018 (6,207)
Other 3,880 3,301 4,159
Net change in operating accounts and other $ 8,754 $ 17,975 $ 3,913
v3.25.0.1
Commitments And Contingencies (Details)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Anticipated expenditures relating to completion of construction type contracts $ 243,600  
Number of consolidated projects under construction 3  
Earnest Money Deposits $ 2,600  
Lessee, Operating Lease, Liability, Payments, Due 2025 2,500  
Lessee, Operating Lease, Liability, Payments, Due 2026 600  
Lessee, Operating Lease, Liability, Payments, Due 2027 200  
Lessee, Operating Lease, Liability, Payments, Due 2028 0  
Lessee, Operating Lease, Liability, Payments, Due 2029 0  
Lessee, Operating Lease, Liability, Payments, Due Thereafter 0  
Lessee, Operating Lease, Liability, Undiscounted Excess Amount (100)  
Operating Lease, Right-of-Use Asset 2,500 $ 4,400
Operating Lease, Liability 3,200 [1] 6,000
Rent expense related to operating lease liabilities 2,600 2,700
Variable Lease, Cost 1,100 1,200
Operating Lease, Expense 3,700 3,900
Cash flows from operating leases $ 2,400 $ 2,600
Operating Lease, Weighted Average Remaining Lease Term 1 year 7 months 6 days 2 years 4 months 24 days
Operating Lease, Weighted Average Discount Rate, Percent [2] 4.90% 5.10%
Operating Lease, Liability Other Liabilities Other Liabilities
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration] Other Assets Other Assets
Lessee Operating Lease Lease Not Yet Commenced Undiscounted Amount [Abstract] $ 29,600  
Loss Contingency Accrual 4,200  
non-refundable earnest money    
Earnest Money Deposits $ 500  
[1] In June 2024, the Company entered into a new corporate headquarters operating lease with future minimum payments in aggregate of approximately $29.6 million. As of December 31, 2024, this lease has not commenced and is not reflected on our consolidated balance sheets. This lease is expected to commence in the fourth quarter of fiscal year 2025 with a lease term of 12 years.
[2] We use a secured incremental borrowing rate, as defined by ASC 842, Leases, based on an estimated secured rate with applicable adjustments, as most of our lease contracts do not provide a readily determinable implicit rate.
v3.25.0.1
Segment Reporting (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]      
Property revenues $ 1,543,842 $ 1,542,027 $ 1,422,756
Real estate taxes (193,124) (195,009) (182,344)
Non-property income/(loss) 24,186 19,728 (11,430)
Interest expense (129,815) (133,395) (113,424)
Depreciation and amortization (582,014) (574,813) (577,020)
Impairment associated with land development activities (40,988) 0 0
Loss on early retirement of debt (921) (2,513) 0
Gain on sale of operating properties 43,806 225,416 36,372
Gain on acquisition of unconsolidated joint venture interests 0 0 474,146
Equity in income of joint ventures 0 0 3,048
Income tax expense (2,926) (3,650) (2,966)
Net income $ 170,840 410,553 661,508
Maximum [Member] | Revenue Benchmark | Revenue from Rights Concentration Risk      
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]      
Concentration Risk, Percentage 1.50%    
Reportable Segment [Member]      
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]      
Property revenues $ 1,543,842 1,542,027 1,422,756
Real estate taxes (193,124) (195,009) (182,344)
Salaries and benefits for on-site employees (102,776) (98,122) (92,275)
Utilities (107,819) (104,126) (96,534)
Repairs and maintenance (70,516) (69,435) (61,141)
Segment Reporting, Other Segment Item, Amount 84,570 82,228 65,787
Net Operating Income Loss from Rental Real Estate 985,037 993,107 924,675
Non-property income/(loss) 24,186 19,728 (11,430)
Other Expenses 125,525 113,327 71,893
Interest expense (129,815) (133,395) (113,424)
Depreciation and amortization (582,014) (574,813) (577,020)
Impairment associated with land development activities (40,988) 0 0
Loss on early retirement of debt (921) (2,513) 0
Gain on sale of operating properties 43,806 225,416 36,372
Gain on acquisition of unconsolidated joint venture interests 0 0 474,146
Equity in income of joint ventures 0 0 3,048
Income tax expense (2,926) (3,650) (2,966)
Net income $ 170,840 $ 410,553 $ 661,508
v3.25.0.1
Schedule III - Real Estate and Accumulated Depreciation (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Real Estate and Accumulated Depreciation, Initial Cost of Land $ 1,722,526      
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements 9,785,325      
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements 1,935,677      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 1,722,526      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 11,721,002      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 13,443,528 $ 13,192,127 $ 12,915,873 $ 10,449,067
Real Estate and Accumulated Depreciation, Accumulated Depreciation 4,867,422 $ 4,332,524 $ 3,848,111 $ 3,358,027
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation 8,576,106      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Amount of Encumbrances 330,358      
Current Communities [Member]        
Real Estate and Accumulated Depreciation, Initial Cost of Land 1,722,526      
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements 9,364,571      
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements 1,935,677      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 1,722,526      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 11,300,248      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 13,022,774      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 4,867,405      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation 8,155,369      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Amount of Encumbrances 330,358      
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 2,267      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 5,511      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 64,696      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 70,207      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 23,345      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 46,862      
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 20,116      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 4,825      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 43,788      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 48,613      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 29,720      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 18,893      
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 1,936      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 11,006      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 35,648      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 46,654      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 13,749      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 32,905      
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 28,818      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 4,068      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 55,430      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 59,498      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 43,470      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 16,028      
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 13,372      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 13,687      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 45,099      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 58,786      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 18,631      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 40,155      
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 953      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 16,108      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 83,573      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 99,681      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 33,199      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 66,482      
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 $ 10,176      
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements 70,097      
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements 512      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 10,176      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 70,609      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 80,785      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 21,616      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 59,169      
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 5,266      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 23,227      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 77,050      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 100,277      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 28,765      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 71,512      
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 14,831      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 3,362      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 39,323      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 42,685      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 18,410      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 24,275      
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 17,696      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 11,520      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 52,862      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 64,382      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 21,536      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 42,846      
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 23,656      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 6,480      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 46,701      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 53,181      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 28,950      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 24,231      
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 4,460      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 3,376      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 35,036      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 38,412      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 13,318      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 25,094      
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 1,788      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 9,248      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 37,042      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 46,290      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 13,953      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 32,337      
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date 2015      
Current Communities [Member] | Camden Tempe II        
Real Estate and Accumulated Depreciation, Initial Cost of Land $ 18,518      
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements 89,317      
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements 484      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 18,518      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 89,801      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 108,319      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 15,956      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 92,363      
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date 2023      
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 25,514      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 9,381      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 79,724      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 89,105      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 51,457      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 37,648      
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 5,053      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 21,492      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 101,211      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 122,703      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 35,986      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 86,717      
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 50,706      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 16,079      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 178,165      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 194,244      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 109,984      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 84,260      
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 17,412      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 17,363      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 92,799      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 110,162      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 39,360      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 70,802      
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date 2008      
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 3,001      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 18,286      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 121,731      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 140,017      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 40,220      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 99,797      
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 507      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 20,409      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 72,994      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 93,403      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 16,787      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 76,616      
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 16,782      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 17,339      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 88,097      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 105,436      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 34,952      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 70,484      
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 11,133      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 20,360      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 82,910      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 103,270      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 47,239      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 56,031      
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 18,469      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 10,585      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 68,250      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 78,835      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 44,697      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 34,138      
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 12,296      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 3,330      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 48,762      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 52,092      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 31,386      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 20,706      
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 13,984      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 4,367      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 42,478      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 46,845      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 26,340      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 20,505      
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 13,797      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 8,091      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 57,800      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 65,891      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 25,045      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 40,846      
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 14,000      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 2,047      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 31,445      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 33,492      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 23,930      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 9,562      
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 16,270      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 6,396      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 67,822      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 74,218      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 30,724      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 43,494      
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 2,973      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 6,849      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 75,604      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 82,453      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 29,214      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 53,239      
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 27,058      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 2,612      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 61,784      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 64,396      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 45,522      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 18,874      
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 27,678      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 5,293      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 59,290      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 64,583      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 42,356      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 22,227      
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 35,333      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 3,915      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 69,462      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 73,377      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 51,814      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 21,563      
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 1,105      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 4,648      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 52,867      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 57,515      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 18,937      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 38,578      
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 468      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 15,989      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 63,615      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 79,604      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 20,988      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 58,616      
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 7,641      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 4,835      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 30,245      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 35,080      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 19,034      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 16,046      
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 17,814      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 16,409      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 109,317      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 125,726      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 47,474      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 78,252      
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 15,679      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 10,807      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 77,227      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 88,034      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 40,794      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 47,240      
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 20,065      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 15,515      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 124,288      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 139,803      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 74,135      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 65,668      
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 15,797      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 8,484      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 88,750      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 97,234      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 51,824      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 45,410      
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 9,416      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 9,408      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 53,063      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 62,471      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 32,009      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 30,462      
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 9,948      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 7,688      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 45,848      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 53,536      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 25,495      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 28,041      
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 31,509      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 15,502      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 133,776      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 149,278      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 83,799      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 65,479      
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 13,133      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 9,030      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 67,222      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 76,252      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 36,909      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 39,343      
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 3,382      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 19,442      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 85,688      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 105,130      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 33,820      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 71,310      
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 508      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 17,331      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 91,719      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 109,050      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 43,957      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 65,093      
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 17,238      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 16,498      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 105,555      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 122,053      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 56,598      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 65,455      
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 9,426      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 11,470      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 55,211      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 66,681      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 32,589      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 34,092      
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 2,096      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 24,177      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 91,916      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 116,093      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 40,215      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 75,878      
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 11,834      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 9,707      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 57,135      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 66,842      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 34,410      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 32,432      
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 906      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 24,829      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 118,544      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 143,373      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 20,953      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation 122,420      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Amount of Encumbrances $ 51,577      
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 890      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 13,512      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 76,024      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 89,536      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 29,067      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 60,469      
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 93,340      
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements 199      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 9,000      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 93,539      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 102,539      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 13,837      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 88,702      
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 19,548      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 12,185      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 67,164      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 79,349      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 42,070      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 37,279      
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 2,541      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 2,201      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 52,598      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 54,799      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 19,839      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 34,960      
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 46,518      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 14,621      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 103,549      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 118,170      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 62,777      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 55,393      
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 11,324      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 10,260      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 51,740      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 62,000      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 31,474      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 30,526      
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 10,660      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 6,476      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 36,203      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 42,679      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 23,032      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 19,647      
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 46,540      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 12,395      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 126,058      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 138,453      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 73,538      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 64,915      
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 25,426      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 6,299      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 103,390      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 109,689      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 60,184      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 49,505      
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 18,783      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 9,867      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 57,485      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 67,352      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 32,956      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 34,396      
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 9,009      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 4,156      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 29,934      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 34,090      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 19,242      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 14,848      
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 8,203      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 3,497      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 37,826      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 41,323      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 24,278      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 17,045      
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 113,700      
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements 966      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 11,374      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 114,666      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 126,040      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 29,172      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 96,868      
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 14,013      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 12,907      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 56,630      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 69,537      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 23,381      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 46,156      
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 22,570      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 4,350      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 57,213      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 61,563      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 40,533      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 21,030      
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 2,628      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 9,990      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 71,099      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 81,089      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 26,573      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 54,516      
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 12,063      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 5,319      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 52,796      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 58,115      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 26,320      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 31,795      
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 10,611      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 11,711      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 85,239      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 96,950      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 29,068      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 67,882      
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 3,195      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 13,127      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 49,192      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 62,319      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 20,613      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 41,706      
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 1,238      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 19,504      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 66,885      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 86,389      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 15,024      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation 71,365      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Amount of Encumbrances $ 29,272      
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 18,329      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 5,785      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 70,150      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 75,935      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 39,281      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 36,654      
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 42,177      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 7,450      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 105,460      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 112,910      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 75,083      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 37,827      
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 3,255      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 21,780      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 152,506      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 174,286      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 35,857      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 138,429      
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 1,926      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 3,576      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 18,460      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 22,036      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 8,407      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 13,629      
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 $ 21,149      
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements 105,383      
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements 5,323      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 21,149      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 110,706      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 131,855      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 41,159      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 90,696      
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 16,083      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 1,206      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 34,065      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 35,271      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 28,453      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 6,818      
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 13,151      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 2,147      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 51,490      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 53,637      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 25,456      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 28,181      
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 4,238      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 27,031      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 118,299      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 145,330      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 24,096      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation 121,234      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Amount of Encumbrances $ 38,189      
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 10,267      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 11,955      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 46,521      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 58,476      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 17,891      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 40,585      
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 21,031      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 7,174      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 53,015      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 60,189      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 33,480      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 26,709      
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 156,926      
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements 1,022      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 7,761      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 157,948      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 165,709      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 39,240      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 126,469      
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 3,487      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 13,200      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 47,272      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 60,472      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 15,378      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 45,094      
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 7,813      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 5,017      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 27,725      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 32,742      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 13,224      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 19,518      
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 17,916      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 4,895      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 39,838      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 44,733      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 25,589      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 19,144      
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 20,471      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 5,290      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 44,113      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 49,403      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 25,458      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 23,945      
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 3,252      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 10,477      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 54,510      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 64,987      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 21,560      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 43,427      
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 14,948      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 6,196      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 48,776      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 54,972      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 31,633      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 23,339      
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 3,910      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 15,262      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 106,431      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 121,693      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 40,923      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 80,770      
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 11,060      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 6,536      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 40,123      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 46,659      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 25,725      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 20,934      
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 8,207      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 26,840      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 79,213      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 106,053      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 14,647      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 91,406      
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 7,866      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 4,181      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 26,664      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 30,845      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 17,687      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 13,158      
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 16,860      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 7,526      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 44,346      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 51,872      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 25,713      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 26,159      
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 7,969      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 5,071      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 30,662      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 35,733      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 19,050      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 16,683      
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date 2005      
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 19,492      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 4,503      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 49,742      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 54,245      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 28,261      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 25,984      
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 9,755      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 4,246      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 28,902      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 33,148      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 18,916      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 14,232      
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 34      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 814      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 3,456      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 4,270      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 1,280      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 2,990      
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 6,987      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 516      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 23,620      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 24,136      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 14,076      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 10,060      
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 11,221      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 1,283      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 18,444      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 19,727      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 10,044      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 9,683      
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 8,230      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 1,408      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 16,149      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 17,557      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 10,138      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 7,419      
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 5,096      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 1,152      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 11,595      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 12,747      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 7,696      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 5,051      
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 1,942      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 7,930      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 53,899      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 61,829      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 19,073      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 42,756      
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 22,202      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 7,570      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 56,061      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 63,631      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 33,661      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 29,970      
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 262      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 4,656      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 18,114      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 22,770      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 5,857      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 16,913      
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date 2019      
Current Communities [Member] | Camden NoDa [Member]        
Real Estate and Accumulated Depreciation, Initial Cost of Land $ 11,003      
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements 96,643      
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements 687      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 11,003      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 97,330      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 108,333      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 11,618      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 96,715      
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date 2023      
Current Communities [Member] | Camden Sedgebrook [Member]        
Real Estate and Accumulated Depreciation, Initial Cost of Land $ 5,187      
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements 29,211      
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements 20,190      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 5,187      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 49,401      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 54,588      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 28,282      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 26,306      
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 20,904      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 6,625      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 50,079      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 56,704      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 32,025      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 24,679      
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 544      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 29,754      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 75,077      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 104,831      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 13,979      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation 90,852      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Amount of Encumbrances $ 32,519      
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 9,675      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 3,941      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 31,696      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 35,637      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 20,509      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 15,128      
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 5,635      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 1,203      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 12,407      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 13,610      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 8,071      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 5,539      
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 1,496      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 17,510      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 81,081      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 98,591      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 16,411      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation 82,180      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Amount of Encumbrances $ 29,171      
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 2,431      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 14,765      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 59,105      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 73,870      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 16,663      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 57,207      
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 23,295      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 4,412      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 54,403      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 58,815      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 28,857      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 29,958      
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date 2005      
Current Communities [Member] | Camden Durham        
Real Estate and Accumulated Depreciation, Initial Cost of Land $ 15,271      
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements 129,499      
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements 7      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 15,271      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 129,506      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 144,777      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 7,296      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 137,481      
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date 2024      
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 13,527      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 3,669      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 34,035      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 37,704      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 19,693      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 18,011      
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 18,863      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 5,746      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 50,577      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 56,323      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 33,196      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 23,127      
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 15,050      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 2,535      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 62,209      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 64,744      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 37,551      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 27,193      
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 13,938      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 4,591      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 39,501      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 44,092      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 26,057      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 18,035      
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 15,081      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 2,931      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 33,538      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 36,469      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 22,241      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 14,228      
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 14,854      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 4,567      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 40,373      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 44,940      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 24,938      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 20,002      
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 4,413      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 13,785      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 92,986      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 106,771      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 24,160      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 82,611      
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 2,942      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 21,802      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 155,282      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 177,084      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 37,211      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 139,873      
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 2,102      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 9,987      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 70,821      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 80,808      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 16,251      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 64,557      
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 797      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 7,973      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 50,849      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 58,822      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 11,747      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 47,075      
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 1,060      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 9,618      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 55,136      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 64,754      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 11,150      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation 53,604      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Amount of Encumbrances $ 12,149      
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 6,293      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 2,684      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 27,224      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 29,908      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 15,353      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 14,555      
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 23,463      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 5,094      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 60,563      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 65,657      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 33,771      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 31,886      
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 23,402      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 2,289      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 40,795      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 43,084      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 29,170      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 13,914      
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 2,305      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 3,250      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 34,681      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 37,931      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 14,085      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 23,846      
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 2,144      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 3,988      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 44,917      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 48,905      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 17,888      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 31,017      
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 5,813      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 30,044      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 91,290      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 121,334      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 28,746      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 92,588      
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 3,860      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 18,039      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 105,432      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 123,471      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 21,092      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation 102,379      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Amount of Encumbrances $ 23,299      
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 18,009      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 3,498      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 49,294      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 52,792      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 27,363      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 25,429      
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 12,441      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 11,516      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 41,773      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 53,289      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 22,024      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 31,265      
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 11,457      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 12,521      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 72,979      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 85,500      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 31,114      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 54,386      
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 15,468      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 2,704      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 36,719      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 39,423      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 28,957      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 10,466      
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 10,042      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 1,613      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 22,686      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 24,299      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 17,493      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 6,806      
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 10,881      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 2,231      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 24,973      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 27,204      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 21,955      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 5,249      
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 1,595      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 30,004      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 92,273      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 122,277      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 17,315      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 104,962      
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 47,844      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 17,341      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 122,037      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 139,378      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 80,343      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 59,035      
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 4,141      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 42,645      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 121,064      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 163,709      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 19,479      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 144,230      
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 1,715      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 3,842      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 16,971      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 20,813      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 7,474      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 13,339      
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 9,886      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 2,052      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 22,782      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 24,834      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 18,852      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 5,982      
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 18,273      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 2,560      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 33,722      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 36,282      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 23,745      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 12,537      
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 4,780      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 8,850      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 67,640      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 76,490      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 13,268      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation 63,222      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Amount of Encumbrances $ 14,423      
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 2,781      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 24,961      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 136,479      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 161,440      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 27,629      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 133,811      
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 21,314      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 3,096      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 35,981      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 39,077      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 32,147      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 6,930      
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 3,037      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 13,445      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 74,772      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 88,217      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 26,812      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 61,405      
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 16,617      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 4,976      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 61,352      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 66,328      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 34,751      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 31,577      
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 1,913      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 5,101      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 30,044      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 35,145      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 12,580      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 22,565      
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 1,201      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 8,282      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 70,569      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 78,851      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 14,283      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation 64,568      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Amount of Encumbrances $ 12,386      
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 210      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 5,940      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 50,312      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 56,252      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 10,154      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 46,098      
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 1,820      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 8,285      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 78,873      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 87,158      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 16,001      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 71,157      
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 1,213      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 7,813      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 125,032      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 132,845      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 43,351      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 89,494      
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 5,639      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 7,841      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 70,473      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 78,314      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 13,750      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation 64,564      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Amount of Encumbrances $ 11,824      
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 28,395      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 16,916      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 72,328      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 89,244      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 56,199      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 33,045      
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 2,218      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 34,079      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 91,042      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 125,121      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 17,054      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation 108,067      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Amount of Encumbrances $ 31,657      
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 10,476      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 28,536      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 122,278      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 150,814      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 38,879      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 111,935      
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 17,465      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 11,108      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 60,317      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 71,425      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 30,988      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 40,437      
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date 2012      
Current Communities [Member] | Camden Long Meadow Farms        
Real Estate and Accumulated Depreciation, Initial Cost of Land $ 7,835      
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements 64,018      
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements 10      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 7,835      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 64,028      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 71,863      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 2,507      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 69,356      
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date 2024      
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 4,151      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 6,089      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 89,189      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 95,278      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 34,375      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 60,903      
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 14,788      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 4,583      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 32,814      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 37,397      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 26,154      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 11,243      
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 2,205      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 5,593      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 83,494      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 89,087      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 16,793      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation 72,294      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Amount of Encumbrances $ 15,847      
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 11,286      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 7,204      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 42,330      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 49,534      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 20,122      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 29,412      
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 24,738      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 14,056      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 117,253      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 131,309      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 51,493      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 79,816      
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 6,753      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 1,055      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 26,799      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 27,854      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 15,951      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 11,903      
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 53      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 587      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 12,796      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 13,383      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 5,461      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 7,922      
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 6,172      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 12,317      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 80,114      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 92,431      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 16,186      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 76,245      
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 8,989      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 1,016      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 16,126      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 17,142      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 13,748      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 3,394      
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 8,080      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 7,614      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 35,674      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 43,288      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 16,983      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 26,305      
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 3,410      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 1,780      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 32,514      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 34,294      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 16,455      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 17,839      
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 54,078      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 16,076      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 98,996      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 115,072      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 68,618      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 46,454      
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 4,234      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 1,188      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 30,476      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 31,664      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 16,474      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 15,190      
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date 2008      
Current Communities [Member] | Camden Woodmill Creek        
Real Estate and Accumulated Depreciation, Initial Cost of Land $ 9,437      
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements 62,776      
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements 4      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 9,437      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 62,780      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 72,217      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 4,773      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 67,444      
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date 2024      
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 1,050      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 3,995      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 63,480      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 67,475      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 12,717      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation 54,758      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Amount of Encumbrances $ 11,877      
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 1,281      
Real Estate and Accumulated Depreciation, Carrying Amount of Land 6,673      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 69,849      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 76,522      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 14,083      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation 62,439      
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Amount of Encumbrances $ 16,168      
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 211,505      
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 211,505      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 211,505      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 17      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation 211,488      
Construction Communities [Member] | Camden Village District        
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements 122,009      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 122,009      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 122,009      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 17      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 121,992      
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date N/A      
Construction Communities [Member] | Camden South Charlotte        
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements $ 50,978      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 50,978      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 50,978      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 0      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 50,978      
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date N/A      
Construction Communities [Member] | Camden Blakeney        
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements $ 38,518      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 38,518      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 38,518      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 0      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 38,518      
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 132,349      
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 132,349      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 132,349      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 0      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation 132,349      
Development Pipeline Communities [Member] | Camden Nations        
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements 42,986      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 42,986      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 42,986      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 42,986      
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 $ 36,598      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 36,598      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 36,598      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 36,598      
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 $ 52,765      
Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements 52,765      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 52,765      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 52,765      
Real Estate And Accumulated Depreciation Construction Completion Or Acquisition Date N/A      
Land holdings        
Real Estate and Accumulated Depreciation, Initial Cost of Land $ 0      
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements 57,760      
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 57,760      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 57,760      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 0      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation 57,760      
Corporate [Member]        
Real Estate and Accumulated Depreciation, Initial Cost of Land 0      
Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements 19,140      
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 19,140      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 19,140      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 0      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation 19,140      
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 76,900      
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 76,900      
Real Estate and Accumulated Depreciation, Carrying Amount of Land and Buildings and Improvements 76,900      
Real Estate and Accumulated Depreciation, Accumulated Depreciation 0      
Real Estate And Accumulated Depreciation Total Cost Of Real Estate Assets Net Of Accumulated Depreciation $ 76,900      
v3.25.0.1
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, 2024
Dec. 31, 2023
Dec. 31, 2022
Schedule III - Real Estate and Accumulated Depreciation [Abstract]      
Balance, beginning of period $ 13,192,127 $ 12,915,873 $ 10,449,067
Acquisition of operating properties and unconsolidated joint ventures 0 0 2,068,440
Development and repositions 281,617 309,678 352,174
Improvements 115,419 109,257 105,321
Cost of real estate sold – other (104,647) (142,681) (59,129)
Impairment of Real Estate (40,988) 0 0
Balance, end of period 13,443,528 13,192,127 12,915,873
Balance, Beginning of period 4,332,524 3,848,111 3,358,027
Depreciation of real estate assets 569,409 562,397 515,413
Dispositions (34,511) (77,984) (25,329)
Balance, End of period 4,867,422 $ 4,332,524 $ 3,848,111
Real Estate, Federal Income Tax Basis $ 11,300,000    
v3.25.0.1
Schedule IV - Mortgage Loans on Real Estate (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Schedule IV - Mortgage Loans on Real Estate [Line Items]        
Federal Income Tax Basis $ 0      
Carrying amount of mortgages $ 0 $ 2,087 $ 3,532 $ 4,978
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 $ 0      
Minimum [Member] | Parking Garage, Developer Advances [Member]        
Schedule IV - Mortgage Loans on Real Estate [Line Items]        
Interest Rate on Mortgage Loans 7.00%      
v3.25.0.1
Schedule IV - Mortgage Loans on Real Estate (Changes in Mortgage Loans) (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Abstract]      
Balance, beginning of period $ 2,087 $ 3,532 $ 4,978
Deductions (2,087) (1,445) (1,446)
Balance, end of period $ 0 $ 2,087 $ 3,532