$AVB
AVALONBAY COMMUNITIES INC Stock $avb

$avb Overview Financials Valuation SEC Filings Company Website

2016 Q2 Form 10-Q Financial Statement

#000091591216000034 Filed on August 05, 2016

Income Statement

Concept	2016 Q2	2015 Q2
Revenue	$502.3M	$457.5M
YoY Change	9.8%	10.55%
Cost Of Revenue	$170.0M	$158.0M
YoY Change	7.59%	10.1%
Gross Profit	$332.3M	$299.5M
YoY Change	10.95%	10.8%
Gross Profit Margin	66.15%	65.47%
Selling, General & Admin	$12.00M	$10.30M
YoY Change	16.5%	0.98%
% of Gross Profit	3.61%	3.44%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$132.5M	$118.6M
YoY Change	11.67%	7.46%
% of Gross Profit	39.86%	39.61%
Operating Expenses	$363.2M	$307.3M
YoY Change	18.19%	-0.94%
Operating Profit	$339.6M	$311.0M
YoY Change	9.21%	12.05%
Interest Expense	$46.58M	$44.59M
YoY Change	4.47%	1.99%
% of Operating Profit	13.72%	14.34%
Other Income/Expense, Net
YoY Change
Pretax Income	$197.4M	$173.5M
YoY Change	13.72%	0.78%
Income Tax	$36.00K	$1.293M
% Of Pretax Income	0.02%	0.75%
Net Earnings	$197.3M	$172.3M
YoY Change	14.55%	0.03%
Net Earnings / Revenue	39.28%	37.65%
Basic Earnings Per Share	$1.44	$1.30
Diluted Earnings Per Share	$1.44	$1.29
COMMON SHARES
Basic Shares Outstanding	136.9M shares	132.0M shares
Diluted Shares Outstanding	137.4M shares	133.1M shares

Balance Sheet

Concept	2016 Q2	2015 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$182.0M	$65.00M
YoY Change	180.0%	-84.74%
Cash & Equivalents	$182.3M	$65.13M
Short-Term Investments
Other Short-Term Assets	$209.0M	$207.0M
YoY Change	0.97%	0.98%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$391.0M	$272.0M
YoY Change	43.75%	-56.89%
LONG-TERM ASSETS
Property, Plant & Equipment	$16.50B	$15.58B
YoY Change	5.89%	7.38%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$326.0M	$265.0M
YoY Change	23.02%	-16.93%
Other Assets	$146.0M	$172.0M
YoY Change	-15.12%	1.78%
Total Long-Term Assets	$17.00B	$16.05B
YoY Change	5.95%	6.8%
TOTAL ASSETS
Total Short-Term Assets	$391.0M	$272.0M
Total Long-Term Assets	$17.00B	$16.05B
Total Assets	$17.40B	$16.32B
YoY Change	6.58%	4.23%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$101.0M	$109.0M
YoY Change	-7.34%	13.54%
Accrued Expenses	$349.0M	$283.0M
YoY Change	23.32%	5.6%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$693.0M	$612.0M
YoY Change	13.24%	8.32%
LONG-TERM LIABILITIES
Long-Term Debt	$6.834B	$6.487B
YoY Change	5.35%	3.71%
Other Long-Term Liabilities	$2.000M	$1.000M
YoY Change	100.0%
Total Long-Term Liabilities	$6.836B	$6.488B
YoY Change	5.36%	3.73%
TOTAL LIABILITIES
Total Short-Term Liabilities	$693.0M	$612.0M
Total Long-Term Liabilities	$6.836B	$6.488B
Total Liabilities	$7.529B	$7.099B
YoY Change	6.05%	4.09%
SHAREHOLDERS EQUITY
Retained Earnings	-$134.8M	-$217.4M
YoY Change	-38.0%	-37.44%
Common Stock	$1.373M	$1.329M
YoY Change	3.31%	1.37%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$9.857B	$9.210B
YoY Change
Total Liabilities & Shareholders Equity	$17.40B	$16.32B
YoY Change	6.58%	4.23%

Cashflow Statement

Concept	2016 Q2	2015 Q2
OPERATING ACTIVITIES
Net Income	$197.3M	$172.3M
YoY Change	14.55%	0.03%
Depreciation, Depletion And Amortization	$132.5M	$118.6M
YoY Change	11.67%	7.46%
Cash From Operating Activities	$275.4M	$255.5M
YoY Change	7.79%	34.9%
INVESTING ACTIVITIES
Capital Expenditures	-$334.4M	-$330.2M
YoY Change	1.27%	16.39%
Acquisitions
YoY Change
Other Investing Activities	$6.600M	$78.10M
YoY Change	-91.55%	-60.25%
Cash From Investing Activities	-$327.8M	-$252.1M
YoY Change	30.03%	189.44%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	137.1M	-134.4M
YoY Change	-202.01%	115.04%
NET CHANGE
Cash From Operating Activities	275.4M	255.5M
Cash From Investing Activities	-327.8M	-252.1M
Cash From Financing Activities	137.1M	-134.4M
Net Change In Cash	84.70M	-131.0M
YoY Change	-164.66%	-429.15%
FREE CASH FLOW
Cash From Operating Activities	$275.4M	$255.5M
Capital Expenditures	-$334.4M	-$330.2M
Free Cash Flow	$609.8M	$585.7M
YoY Change	4.11%	23.8%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2016Q2	avb	Additional Numberof Communities Expected To Be Developed AdditionalNumberofCommunitiesExpectedToBeDeveloped	30	community
CY2015Q2	avb	Business Combination Acquisition Related Costs Abandoned Pursuit Costs BusinessCombinationAcquisitionRelatedCostsAbandonedPursuitCosts	673000	USD
	avb	Business Combination Acquisition Related Costs Abandoned Pursuit Costs BusinessCombinationAcquisitionRelatedCostsAbandonedPursuitCosts	1860000	USD
CY2016Q2	avb	Business Combination Acquisition Related Costs Abandoned Pursuit Costs BusinessCombinationAcquisitionRelatedCostsAbandonedPursuitCosts	1436000	USD
	avb	Business Combination Acquisition Related Costs Abandoned Pursuit Costs BusinessCombinationAcquisitionRelatedCostsAbandonedPursuitCosts	3282000	USD
	avb	Casualty Gainand Impairment Loss Net Operating Activities CasualtyGainandImpairmentLossNetOperatingActivities	-17303000	USD
	avb	Casualty Gainand Impairment Loss Net Operating Activities CasualtyGainandImpairmentLossNetOperatingActivities	-3935000	USD
CY2015Q2	avb	Disposal Group Not Discontinued Operation Net Operating Income From Assets Heldfor Sale Not Classifiedas Discontinued Operations DisposalGroupNotDiscontinuedOperationNetOperatingIncomeFromAssetsHeldforSaleNotClassifiedasDiscontinuedOperations	4377000	USD
	avb	Disposal Group Not Discontinued Operation Net Operating Income From Assets Heldfor Sale Not Classifiedas Discontinued Operations DisposalGroupNotDiscontinuedOperationNetOperatingIncomeFromAssetsHeldforSaleNotClassifiedasDiscontinuedOperations	8812000	USD
CY2016Q2	avb	Disposal Group Not Discontinued Operation Net Operating Income From Assets Heldfor Sale Not Classifiedas Discontinued Operations DisposalGroupNotDiscontinuedOperationNetOperatingIncomeFromAssetsHeldforSaleNotClassifiedasDiscontinuedOperations	1192000	USD
	avb	Disposal Group Not Discontinued Operation Net Operating Income From Assets Heldfor Sale Not Classifiedas Discontinued Operations DisposalGroupNotDiscontinuedOperationNetOperatingIncomeFromAssetsHeldforSaleNotClassifiedasDiscontinuedOperations	3218000	USD
CY2015Q4	avb	Equity Method Investment Summarized Financial Information Assets Other Assets EquityMethodInvestmentSummarizedFinancialInformationAssetsOtherAssets	57044000	USD
CY2016Q2	avb	Equity Method Investment Summarized Financial Information Assets Other Assets EquityMethodInvestmentSummarizedFinancialInformationAssetsOtherAssets	156345000	USD
CY2015Q2	avb	Equity Method Investment Summarized Financial Information Depreciation And Amortization EquityMethodInvestmentSummarizedFinancialInformationDepreciationAndAmortization	11942000	USD
	avb	Equity Method Investment Summarized Financial Information Depreciation And Amortization EquityMethodInvestmentSummarizedFinancialInformationDepreciationAndAmortization	23845000	USD
CY2016Q2	avb	Equity Method Investment Summarized Financial Information Depreciation And Amortization EquityMethodInvestmentSummarizedFinancialInformationDepreciationAndAmortization	8707000	USD
	avb	Equity Method Investment Summarized Financial Information Depreciation And Amortization EquityMethodInvestmentSummarizedFinancialInformationDepreciationAndAmortization	17947000	USD
CY2015Q2	avb	Equity Method Investment Summarized Financial Information Interest Expense EquityMethodInvestmentSummarizedFinancialInformationInterestExpense	10334000	USD
	avb	Equity Method Investment Summarized Financial Information Interest Expense EquityMethodInvestmentSummarizedFinancialInformationInterestExpense	20811000	USD
CY2016Q2	avb	Equity Method Investment Summarized Financial Information Interest Expense EquityMethodInvestmentSummarizedFinancialInformationInterestExpense	9938000	USD
	avb	Equity Method Investment Summarized Financial Information Interest Expense EquityMethodInvestmentSummarizedFinancialInformationInterestExpense	29938000	USD
CY2015Q4	avb	Equity Method Investment Summarized Financial Information Liabilities Other Liabilities EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesOtherLiabilities	20471000	USD
CY2016Q2	avb	Equity Method Investment Summarized Financial Information Liabilities Other Liabilities EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesOtherLiabilities	20332000	USD
CY2015Q4	avb	Equity Method Investment Summarized Financial Information Mortgage Notes Payable And Credit Facility EquityMethodInvestmentSummarizedFinancialInformationMortgageNotesPayableAndCreditFacility	947205000	USD
CY2016Q2	avb	Equity Method Investment Summarized Financial Information Mortgage Notes Payable And Credit Facility EquityMethodInvestmentSummarizedFinancialInformationMortgageNotesPayableAndCreditFacility	722339000	USD
CY2015Q2	avb	Equity Method Investment Summarized Financial Information Operating And Other Expenses EquityMethodInvestmentSummarizedFinancialInformationOperatingAndOtherExpenses	17375000	USD
	avb	Equity Method Investment Summarized Financial Information Operating And Other Expenses EquityMethodInvestmentSummarizedFinancialInformationOperatingAndOtherExpenses	34712000	USD
CY2016Q2	avb	Equity Method Investment Summarized Financial Information Operating And Other Expenses EquityMethodInvestmentSummarizedFinancialInformationOperatingAndOtherExpenses	12967000	USD
	avb	Equity Method Investment Summarized Financial Information Operating And Other Expenses EquityMethodInvestmentSummarizedFinancialInformationOperatingAndOtherExpenses	27137000	USD
CY2015Q4	avb	Equity Method Investment Summarized Financial Information Real Estate Net EquityMethodInvestmentSummarizedFinancialInformationRealEstateNet	1392833000	USD
CY2016Q2	avb	Equity Method Investment Summarized Financial Information Real Estate Net EquityMethodInvestmentSummarizedFinancialInformationRealEstateNet	1022056000	USD
CY2016Q2	avb	Estimated Number Of Apartment Homes In Communities Expected To Be Developed EstimatedNumberOfApartmentHomesInCommunitiesExpectedToBeDeveloped	10452	home
CY2016Q2	avb	Expected Aggregate Number Of Apartment Homes To Be Constructed ExpectedAggregateNumberOfApartmentHomesToBeConstructed	7480	home
CY2015Q2	avb	Gainonsaleofrealestateassetsincontinuingoperations Gainonsaleofrealestateassetsincontinuingoperations	9625000	USD
	avb	Gainonsaleofrealestateassetsincontinuingoperations Gainonsaleofrealestateassetsincontinuingoperations	80583000	USD
CY2016Q2	avb	Gainonsaleofrealestateassetsincontinuingoperations Gainonsaleofrealestateassetsincontinuingoperations	31133000	USD
	avb	Gainonsaleofrealestateassetsincontinuingoperations Gainonsaleofrealestateassetsincontinuingoperations	82563000	USD
CY2015Q2	avb	Indirect Operating Expenses Net Of Corporate Income IndirectOperatingExpensesNetOfCorporateIncome	14817000	USD
	avb	Indirect Operating Expenses Net Of Corporate Income IndirectOperatingExpensesNetOfCorporateIncome	30215000	USD
CY2016Q2	avb	Indirect Operating Expenses Net Of Corporate Income IndirectOperatingExpensesNetOfCorporateIncome	15477000	USD
	avb	Indirect Operating Expenses Net Of Corporate Income IndirectOperatingExpensesNetOfCorporateIncome	32015000	USD
	avb	Minority Interest Increase Decrease From Put Option Redemption Value Adjustment MinorityInterestIncreaseDecreaseFromPutOptionRedemptionValueAdjustment	1807000	USD
CY2016Q2	avb	Number Of Apartment Homes Under Reconstruction NumberOfApartmentHomesUnderReconstruction	2917	home
CY2016Q2	avb	Number Of Communities With Apartments Under Reconstruction NumberOfCommunitiesWithApartmentsUnderReconstruction	7	community
CY2016Q2	avb	Number Of Owned Communities Under Construction NumberOfOwnedCommunitiesUnderConstruction	23	community
	avb	Numberof Apartment Communities Sold NumberofApartmentCommunitiesSold	2	community
	avb	Numberof Communities Acquired NumberofCommunitiesAcquired	2	community
CY2016Q2	avb	Numberof Communities Heldfor Sale NumberofCommunitiesHeldforSale	1	community
CY2016Q2	avb	Numberof Land Parcels Held For Sale NumberofLandParcelsHeldForSale	4	land_parcel
CY2016Q2	avb	Numberof Land Parcels Impaired NumberofLandParcelsImpaired	1	land_parcel
	avb	Numberof Land Parcels Impaired NumberofLandParcelsImpaired	3	land_parcel
CY2015Q2	avb	Operating Expenses From Assets Heldfor Sale Not Classifiedas Discontinued Operations OperatingExpensesFromAssetsHeldforSaleNotClassifiedasDiscontinuedOperations	2915000	USD
	avb	Operating Expenses From Assets Heldfor Sale Not Classifiedas Discontinued Operations OperatingExpensesFromAssetsHeldforSaleNotClassifiedasDiscontinuedOperations	5914000	USD
CY2016Q2	avb	Operating Expenses From Assets Heldfor Sale Not Classifiedas Discontinued Operations OperatingExpensesFromAssetsHeldforSaleNotClassifiedasDiscontinuedOperations	824000	USD
	avb	Operating Expenses From Assets Heldfor Sale Not Classifiedas Discontinued Operations OperatingExpensesFromAssetsHeldforSaleNotClassifiedasDiscontinuedOperations	2147000	USD
	avb	Payment For Redemption Of Preferred Interest Obligation PaymentForRedemptionOfPreferredInterestObligation	2330000	USD
	avb	Payment For Redemption Of Preferred Interest Obligation PaymentForRedemptionOfPreferredInterestObligation	0	USD
CY2015Q2	avb	Percentage Change Of Net Operating Income From Prior Year PercentageChangeOfNetOperatingIncomeFromPriorYear	0.133
	avb	Percentage Change Of Net Operating Income From Prior Year PercentageChangeOfNetOperatingIncomeFromPriorYear	0.134
CY2016Q2	avb	Percentage Change Of Net Operating Income From Prior Year PercentageChangeOfNetOperatingIncomeFromPriorYear	0.118
	avb	Percentage Change Of Net Operating Income From Prior Year PercentageChangeOfNetOperatingIncomeFromPriorYear	0.165
CY2015Q2	avb	Real Estate Gross At Carrying Value Excluding Gross Real Estate Assets Held For Sale RealEstateGrossAtCarryingValueExcludingGrossRealEstateAssetsHeldForSale	18611288000	USD
CY2016Q2	avb	Real Estate Gross At Carrying Value Excluding Gross Real Estate Assets Held For Sale RealEstateGrossAtCarryingValueExcludingGrossRealEstateAssetsHeldForSale	19972681000	USD
CY2015Q2	avb	Revenue From Assets Heldfor Sale Not Classifiedas Discontinued Operations RevenueFromAssetsHeldforSaleNotClassifiedasDiscontinuedOperations	7292000	USD
	avb	Revenue From Assets Heldfor Sale Not Classifiedas Discontinued Operations RevenueFromAssetsHeldforSaleNotClassifiedasDiscontinuedOperations	14726000	USD
CY2016Q2	avb	Revenue From Assets Heldfor Sale Not Classifiedas Discontinued Operations RevenueFromAssetsHeldforSaleNotClassifiedasDiscontinuedOperations	2016000	USD
	avb	Revenue From Assets Heldfor Sale Not Classifiedas Discontinued Operations RevenueFromAssetsHeldforSaleNotClassifiedasDiscontinuedOperations	5365000	USD
	avb	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Annual Forfeiture Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsAnnualForfeitureRate	0.008
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2016
	dei	Document Period End Date DocumentPeriodEndDate	2016-06-30
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0000915912
CY2016Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	137313555	shares
	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
	dei	Entity Registrant Name EntityRegistrantName	AVALONBAY COMMUNITIES INC
CY2015Q4	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	260005000	USD
CY2016Q2	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	306306000	USD
CY2015Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-31387000	USD
CY2016Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-102997000	USD
CY2015Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	10068532000	USD
CY2016Q2	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	10092951000	USD
	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	5793000	USD
	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	8280000	USD
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	14700000	USD
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	7777000	USD
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	8045000	USD
	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	-14815000	USD
	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	-9436000	USD
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	3379000	USD
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	3827000	USD
CY2015Q2	us-gaap	Asset Management Costs AssetManagementCosts	1073000	USD
	us-gaap	Asset Management Costs AssetManagementCosts	2107000	USD
CY2016Q2	us-gaap	Asset Management Costs AssetManagementCosts	1194000	USD
	us-gaap	Asset Management Costs AssetManagementCosts	2340000	USD
CY2015Q4	us-gaap	Assets Assets	16931305000	USD
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CY2015Q4	us-gaap	Assets Of Disposal Group Including Discontinued Operation Current AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent	17489000	USD
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CY2015Q2	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	673000	USD
	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	1860000	USD
CY2016Q2	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	1436000	USD
	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	4897000	USD
CY2014Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	509460000	USD
CY2015Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	65126000	USD
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	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-444334000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-218201000	USD
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CY2016Q2	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
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	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	2.50
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	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	2.70
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CY2015Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	280000000	shares
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CY2015Q4	us-gaap	Common Stock Value CommonStockValue	1370000	USD
CY2016Q2	us-gaap	Common Stock Value CommonStockValue	1373000	USD
CY2015Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	173751000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	383461000	USD
CY2016Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	172217000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	363767000	USD
CY2015Q4	us-gaap	Construction In Progress Gross ConstructionInProgressGross	1592917000	USD
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CY2015Q4	us-gaap	Construction Payable Current And Noncurrent ConstructionPayableCurrentAndNoncurrent	98802000	USD
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	us-gaap	Depreciation Depreciation	235480000	USD
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	us-gaap	Depreciation Depreciation	259685000	USD
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	us-gaap	Derivative Instruments Loss Reclassified From Accumulated Oci Into Income Effective Portion DerivativeInstrumentsLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortion	2992000	USD
	us-gaap	Derivative Instruments Loss Reclassified From Accumulated Oci Into Income Effective Portion DerivativeInstrumentsLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortion	2935000	USD
CY2015Q2	us-gaap	Direct Costs Of Leased And Rented Property Or Equipment DirectCostsOfLeasedAndRentedPropertyOrEquipment	112069000	USD
	us-gaap	Direct Costs Of Leased And Rented Property Or Equipment DirectCostsOfLeasedAndRentedPropertyOrEquipment	224845000	USD
CY2016Q2	us-gaap	Direct Costs Of Leased And Rented Property Or Equipment DirectCostsOfLeasedAndRentedPropertyOrEquipment	118903000	USD
	us-gaap	Direct Costs Of Leased And Rented Property Or Equipment DirectCostsOfLeasedAndRentedPropertyOrEquipment	235530000	USD
	us-gaap	Dividends Common Stock DividendsCommonStock	370533000	USD
CY2015Q2	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	166113000	USD
CY2015Q4	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	171257000	USD
CY2016Q2	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	185369000	USD
CY2015Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.30
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.88
CY2016Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.44
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	3.17
CY2015Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.29
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.86
CY2016Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.44
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	3.17
	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	6071000	USD
	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	6052000	USD
CY2015Q4	us-gaap	Equity Method Investment Difference Between Carrying Amount And Underlying Equity EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity	40978000	USD
CY2016Q2	us-gaap	Equity Method Investment Difference Between Carrying Amount And Underlying Equity EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity	38853000	USD
CY2015Q2	us-gaap	Equity Method Investment Realized Gain Loss On Disposal EquityMethodInvestmentRealizedGainLossOnDisposal	0	USD
	us-gaap	Equity Method Investment Realized Gain Loss On Disposal EquityMethodInvestmentRealizedGainLossOnDisposal	32490000	USD
CY2016Q2	us-gaap	Equity Method Investment Realized Gain Loss On Disposal EquityMethodInvestmentRealizedGainLossOnDisposal	76934000	USD
	us-gaap	Equity Method Investment Realized Gain Loss On Disposal EquityMethodInvestmentRealizedGainLossOnDisposal	180256000	USD
CY2015Q4	us-gaap	Equity Method Investment Summarized Financial Information Assets EquityMethodInvestmentSummarizedFinancialInformationAssets	1449877000	USD
CY2016Q2	us-gaap	Equity Method Investment Summarized Financial Information Assets EquityMethodInvestmentSummarizedFinancialInformationAssets	1178401000	USD
CY2015Q4	us-gaap	Equity Method Investment Summarized Financial Information Equity Or Capital EquityMethodInvestmentSummarizedFinancialInformationEquityOrCapital	482201000	USD
CY2016Q2	us-gaap	Equity Method Investment Summarized Financial Information Equity Or Capital EquityMethodInvestmentSummarizedFinancialInformationEquityOrCapital	435730000	USD
CY2015Q4	us-gaap	Equity Method Investment Summarized Financial Information Liabilities And Equity EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity	1449877000	USD
CY2016Q2	us-gaap	Equity Method Investment Summarized Financial Information Liabilities And Equity EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity	1178401000	USD
CY2015Q2	us-gaap	Equity Method Investment Summarized Financial Information Net Income Loss EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss	3744000	USD
	us-gaap	Equity Method Investment Summarized Financial Information Net Income Loss EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss	41772000	USD
CY2016Q2	us-gaap	Equity Method Investment Summarized Financial Information Net Income Loss EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss	79130000	USD
	us-gaap	Equity Method Investment Summarized Financial Information Net Income Loss EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss	175997000	USD
CY2015Q2	us-gaap	Equity Method Investment Summarized Financial Information Revenue EquityMethodInvestmentSummarizedFinancialInformationRevenue	43395000	USD
	us-gaap	Equity Method Investment Summarized Financial Information Revenue EquityMethodInvestmentSummarizedFinancialInformationRevenue	88650000	USD
CY2016Q2	us-gaap	Equity Method Investment Summarized Financial Information Revenue EquityMethodInvestmentSummarizedFinancialInformationRevenue	33808000	USD
	us-gaap	Equity Method Investment Summarized Financial Information Revenue EquityMethodInvestmentSummarizedFinancialInformationRevenue	70763000	USD
CY2015Q4	us-gaap	Fixtures And Equipment Gross FixturesAndEquipmentGross	458224000	USD
CY2016Q2	us-gaap	Fixtures And Equipment Gross FixturesAndEquipmentGross	492284000	USD
CY2015Q2	us-gaap	Gain Loss On Sale Of Other Assets GainLossOnSaleOfOtherAssets	9625000	USD
	us-gaap	Gain Loss On Sale Of Other Assets GainLossOnSaleOfOtherAssets	9647000	USD
CY2016Q2	us-gaap	Gain Loss On Sale Of Other Assets GainLossOnSaleOfOtherAssets	143000	USD
	us-gaap	Gain Loss On Sale Of Other Assets GainLossOnSaleOfOtherAssets	143000	USD
	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	91456000	USD
	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	135735000	USD
CY2015Q2	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	7749000	USD
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	7749000	USD
CY2016Q2	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-2461000	USD
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-2461000	USD
CY2015Q2	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	0	USD
	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	70936000	USD
CY2016Q2	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	30990000	USD
	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	82420000	USD
CY2015Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	10335000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	20803000	USD
CY2016Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	12011000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	23414000	USD
CY2015Q2	us-gaap	Impairment Of Investments ImpairmentOfInvestments	0	USD
	us-gaap	Impairment Of Investments ImpairmentOfInvestments	0	USD
CY2016Q2	us-gaap	Impairment Of Investments ImpairmentOfInvestments	0	USD
	us-gaap	Impairment Of Investments ImpairmentOfInvestments	0	USD
CY2015Q2	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	-17114000	USD
	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	-11326000	USD
CY2016Q2	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	-1732000	USD
	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	-3935000	USD
CY2015Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	173546000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	381614000	USD
CY2016Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	197355000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	435270000	USD
CY2015Q2	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	13806000	USD
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	48371000	USD
CY2016Q2	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	27151000	USD
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	55120000	USD
	us-gaap	Income Loss From Equity Method Investments Net Of Dividends Or Distributions IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions	-8432000	USD
	us-gaap	Income Loss From Equity Method Investments Net Of Dividends Or Distributions IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions	-7255000	USD
CY2015Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1293000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1308000	USD
CY2016Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	36000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	73000	USD
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-2823000	USD
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-13060000	USD
	us-gaap	Increase Decrease In Construction Payables IncreaseDecreaseInConstructionPayables	7126000	USD
	us-gaap	Increase Decrease In Construction Payables IncreaseDecreaseInConstructionPayables	2074000	USD
	us-gaap	Increase Decrease In Derivative Assets IncreaseDecreaseInDerivativeAssets	-2689000	USD
	us-gaap	Increase Decrease In Derivative Liabilities IncreaseDecreaseInDerivativeLiabilities	54311000	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	3439000	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	9936000	USD
	us-gaap	Increase Decrease In Restricted Cash For Operating Activities IncreaseDecreaseInRestrictedCashForOperatingActivities	9357000	USD
	us-gaap	Increase Decrease In Restricted Cash For Operating Activities IncreaseDecreaseInRestrictedCashForOperatingActivities	2221000	USD
CY2015Q2	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	19800000	USD
	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	38830000	USD
CY2016Q2	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	20024000	USD
	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	40633000	USD
CY2015Q2	us-gaap	Interest Expense InterestExpense	44590000	USD
	us-gaap	Interest Expense InterestExpense	90164000	USD
CY2016Q2	us-gaap	Interest Expense InterestExpense	46581000	USD
	us-gaap	Interest Expense InterestExpense	89991000	USD
	us-gaap	Interest Paid Net InterestPaidNet	91572000	USD
	us-gaap	Interest Paid Net InterestPaidNet	90355000	USD
CY2015Q4	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	40085000	USD
CY2016Q2	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	42395000	USD
CY2015Q4	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	13056292000	USD
CY2016Q2	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	13636933000	USD
CY2015Q4	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	216919000	USD
CY2016Q2	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	325614000	USD
CY2015Q4	us-gaap	Land And Land Improvements LandAndLandImprovements	3636761000	USD
CY2016Q2	us-gaap	Land And Land Improvements LandAndLandImprovements	3793026000	USD
CY2015Q4	us-gaap	Land Available For Development LandAvailableForDevelopment	484377000	USD
CY2016Q2	us-gaap	Land Available For Development LandAvailableForDevelopment	511797000	USD
CY2015Q4	us-gaap	Liabilities Liabilities	7080782000	USD
CY2016Q2	us-gaap	Liabilities Liabilities	7528579000	USD
CY2015Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	16931305000	USD
CY2016Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	17395067000	USD
CY2015Q4	us-gaap	Liabilities Of Disposal Group Including Discontinued Operation LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation	553000	USD
CY2016Q2	us-gaap	Liabilities Of Disposal Group Including Discontinued Operation LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation	1549000	USD
CY2015Q4	us-gaap	Line Of Credit LineOfCredit	0	USD
CY2016Q2	us-gaap	Line Of Credit LineOfCredit	0	USD
CY2015Q4	us-gaap	Long Term Debt LongTermDebt	6481291000	USD
CY2016Q2	us-gaap	Long Term Debt LongTermDebt	6864985000	USD
CY2015Q2	us-gaap	Management Fees Revenue ManagementFeesRevenue	2942000	USD
	us-gaap	Management Fees Revenue ManagementFeesRevenue	5553000	USD
CY2016Q2	us-gaap	Management Fees Revenue ManagementFeesRevenue	1467000	USD
	us-gaap	Management Fees Revenue ManagementFeesRevenue	2990000	USD
	us-gaap	Minority Interest Change In Redemption Value MinorityInterestChangeInRedemptionValue	-375000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-241887000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-51229000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-694349000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-712491000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	491902000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	545519000	USD
CY2015Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-71000	USD
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-163000	USD
CY2016Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-125000	USD
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-180000	USD
CY2015Q2	us-gaap	Net Income Loss Attributable To Redeemable Noncontrolling Interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest	-9000	USD
	us-gaap	Net Income Loss Attributable To Redeemable Noncontrolling Interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest	-19000	USD
CY2016Q2	us-gaap	Net Income Loss Attributable To Redeemable Noncontrolling Interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest	-10000	USD
	us-gaap	Net Income Loss Attributable To Redeemable Noncontrolling Interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest	-20000	USD
CY2015Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	172324000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	380469000	USD
CY2016Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	197444000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	435377000	USD
CY2015Q2	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	172333000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	380488000	USD
CY2016Q2	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	197454000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	435397000	USD
CY2015Q4	us-gaap	Notes Payable NotesPayable	6481291000	USD
CY2016Q2	us-gaap	Notes Payable NotesPayable	6864985000	USD
CY2016Q2	us-gaap	Number Of Real Estate Properties NumberOfRealEstateProperties	260	community
CY2016Q2	us-gaap	Number Of States In Which Entity Operates NumberOfStatesInWhichEntityOperates	10	state
CY2016Q2	us-gaap	Number Of Units In Real Estate Property NumberOfUnitsInRealEstateProperty	75504	home
CY2015Q2	us-gaap	Operating Expenses OperatingExpenses	307344000	USD
	us-gaap	Operating Expenses OperatingExpenses	647166000	USD
CY2016Q2	us-gaap	Operating Expenses OperatingExpenses	363236000	USD
	us-gaap	Operating Expenses OperatingExpenses	713217000	USD
CY2015Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	310990000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	605402000	USD
CY2016Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	347776000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	705237000	USD
CY2015Q2	us-gaap	Operating Leases Income Statement Minimum Lease Revenue OperatingLeasesIncomeStatementMinimumLeaseRevenue	454517000	USD
	us-gaap	Operating Leases Income Statement Minimum Lease Revenue OperatingLeasesIncomeStatementMinimumLeaseRevenue	894273000	USD
CY2016Q2	us-gaap	Operating Leases Income Statement Minimum Lease Revenue OperatingLeasesIncomeStatementMinimumLeaseRevenue	500840000	USD
	us-gaap	Operating Leases Income Statement Minimum Lease Revenue OperatingLeasesIncomeStatementMinimumLeaseRevenue	1007814000	USD
CY2015Q2	us-gaap	Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent	-6000	USD
	us-gaap	Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent	-36000	USD
CY2016Q2	us-gaap	Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent	-26788000	USD
	us-gaap	Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent	-74545000	USD
CY2015Q2	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax	-1433000	USD
	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax	-3028000	USD
CY2016Q2	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax	-1561000	USD
	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax	-2935000	USD
	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax	-57000000	USD
CY2015Q4	us-gaap	Other Deferred Costs Net OtherDeferredCostsNet	37577000	USD
CY2016Q2	us-gaap	Other Deferred Costs Net OtherDeferredCostsNet	40627000	USD
	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	50584000	USD
	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	24696000	USD
	us-gaap	Payments For Hedge Financing Activities PaymentsForHedgeFinancingActivities	0	USD
	us-gaap	Payments For Hedge Financing Activities PaymentsForHedgeFinancingActivities	14847000	USD
	us-gaap	Payments For Proceeds From Real Estate Partnership Investment Net PaymentsForProceedsFromRealEstatePartnershipInvestmentNet	187000	USD
	us-gaap	Payments For Proceeds From Real Estate Partnership Investment Net PaymentsForProceedsFromRealEstatePartnershipInvestmentNet	203000	USD
	us-gaap	Payments Of Capital Distribution PaymentsOfCapitalDistribution	19000	USD
	us-gaap	Payments Of Capital Distribution PaymentsOfCapitalDistribution	20000	USD
	us-gaap	Payments Of Dividends PaymentsOfDividends	318240000	USD
	us-gaap	Payments Of Dividends PaymentsOfDividends	356235000	USD
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	4277000	USD
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	10014000	USD
	us-gaap	Payments To Acquire Businesses And Interest In Affiliates PaymentsToAcquireBusinessesAndInterestInAffiliates	803000	USD
	us-gaap	Payments To Acquire Businesses And Interest In Affiliates PaymentsToAcquireBusinessesAndInterestInAffiliates	121648000	USD
	us-gaap	Payments To Acquire Other Real Estate PaymentsToAcquireOtherRealEstate	0	USD
	us-gaap	Payments To Acquire Other Real Estate PaymentsToAcquireOtherRealEstate	170022000	USD
	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	1432000	USD
	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	3919000	USD
	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	865497000	USD
	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	587287000	USD
CY2015Q4	us-gaap	Preferred Stock Liquidation Preference PreferredStockLiquidationPreference	25
CY2016Q2	us-gaap	Preferred Stock Liquidation Preference PreferredStockLiquidationPreference	25
CY2015Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2016Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2015Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000	shares
CY2016Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000	shares
CY2015Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2016Q2	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2015Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2016Q2	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2015Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2016Q2	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2015Q4	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	199095000	USD
CY2016Q2	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	209417000	USD
	us-gaap	Proceeds From Insurance Settlement Investing Activities ProceedsFromInsuranceSettlementInvestingActivities	44142000	USD
	us-gaap	Proceeds From Insurance Settlement Investing Activities ProceedsFromInsuranceSettlementInvestingActivities	17196000	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	97326000	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	12804000	USD
	us-gaap	Proceeds From Sale Of Equity Method Investments ProceedsFromSaleOfEquityMethodInvestments	36858000	USD
	us-gaap	Proceeds From Sale Of Equity Method Investments ProceedsFromSaleOfEquityMethodInvestments	58870000	USD
	us-gaap	Proceeds From Sale Of Real Estate Heldforinvestment ProceedsFromSaleOfRealEstateHeldforinvestment	135841000	USD
	us-gaap	Proceeds From Sale Of Real Estate Heldforinvestment ProceedsFromSaleOfRealEstateHeldforinvestment	116941000	USD
	us-gaap	Proceeds From Unsecured Notes Payable ProceedsFromUnsecuredNotesPayable	574066000	USD
	us-gaap	Proceeds From Unsecured Notes Payable ProceedsFromUnsecuredNotesPayable	474838000	USD
CY2015Q2	us-gaap	Profit Loss ProfitLoss	172253000	USD
	us-gaap	Profit Loss ProfitLoss	380306000	USD
CY2016Q2	us-gaap	Profit Loss ProfitLoss	197319000	USD
	us-gaap	Profit Loss ProfitLoss	435197000	USD
CY2015Q2	us-gaap	Real Estate Heldforsale RealEstateHeldforsale	79128000	USD
CY2016Q2	us-gaap	Real Estate Heldforsale RealEstateHeldforsale	77943000	USD
CY2015Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	3303751000	USD
CY2016Q2	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	3540481000	USD
CY2015Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	17151277000	USD
CY2016Q2	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	17922243000	USD
CY2015Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	13847526000	USD
CY2016Q2	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	14381762000	USD
CY2015Q4	us-gaap	Real Estate Investments RealEstateInvestments	15942309000	USD
CY2016Q2	us-gaap	Real Estate Investments RealEstateInvestments	16498094000	USD
CY2015Q2	us-gaap	Real Estate Tax Expense RealEstateTaxExpense	45913000	USD
	us-gaap	Real Estate Tax Expense RealEstateTaxExpense	93089000	USD
CY2016Q2	us-gaap	Real Estate Tax Expense RealEstateTaxExpense	51107000	USD
	us-gaap	Real Estate Tax Expense RealEstateTaxExpense	101174000	USD
CY2015Q4	us-gaap	Redeemable Noncontrolling Interest Equity Common Carrying Amount RedeemableNoncontrollingInterestEquityCommonCarryingAmount	9997000	USD
CY2016Q2	us-gaap	Redeemable Noncontrolling Interest Equity Common Carrying Amount RedeemableNoncontrollingInterestEquityCommonCarryingAmount	9969000	USD
	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	588226000	USD
	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	157552000	USD
CY2015Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	104821000	USD
CY2016Q2	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	105385000	USD
CY2015Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-197989000	USD
CY2016Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-134808000	USD
CY2015Q2	us-gaap	Revenues Revenues	457459000	USD
	us-gaap	Revenues Revenues	899826000	USD
CY2016Q2	us-gaap	Revenues Revenues	502307000	USD
	us-gaap	Revenues Revenues	1010804000	USD
CY2015Q4	us-gaap	Secured Debt SecuredDebt	2611274000	USD
CY2016Q2	us-gaap	Secured Debt SecuredDebt	2514826000	USD
CY2015Q4	us-gaap	Security Deposit SecurityDeposit	30077000	USD
CY2016Q2	us-gaap	Security Deposit SecurityDeposit	33624000	USD
CY2015Q4	us-gaap	Security Deposit Liability SecurityDepositLiability	53132000	USD
CY2016Q2	us-gaap	Security Deposit Liability SecurityDepositLiability	58093000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	8255000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	8482000	USD
	us-gaap	Shares Paid For Tax Withholding For Share Based Compensation SharesPaidForTaxWithholdingForShareBasedCompensation	36104	shares
	us-gaap	Shares Paid For Tax Withholding For Share Based Compensation SharesPaidForTaxWithholdingForShareBasedCompensation	53011	shares
	us-gaap	Stock Issued During Period Shares Dividend Reinvestment Plan StockIssuedDuringPeriodSharesDividendReinvestmentPlan	1028	shares
	us-gaap	Stock Issued During Period Shares Dividend Reinvestment Plan StockIssuedDuringPeriodSharesDividendReinvestmentPlan	1041	shares
	us-gaap	Stock Issued During Period Shares Employee Stock Purchase Plans StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans	5671	shares
	us-gaap	Stock Issued During Period Shares Share Based Compensation Forfeited StockIssuedDuringPeriodSharesShareBasedCompensationForfeited	2011	shares
	us-gaap	Stock Issued During Period Shares Share Based Compensation Forfeited StockIssuedDuringPeriodSharesShareBasedCompensationForfeited	12	shares
	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	116428	shares
	us-gaap	Stock Issued During Period Value Dividend Reinvestment Plan StockIssuedDuringPeriodValueDividendReinvestmentPlan	177000	USD
	us-gaap	Stock Issued During Period Value Dividend Reinvestment Plan StockIssuedDuringPeriodValueDividendReinvestmentPlan	186000	USD
	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	8434000	USD
	us-gaap	Stock Issued During Period Value Share Based Compensation Forfeited StockIssuedDuringPeriodValueShareBasedCompensationForfeited	226000	USD
	us-gaap	Stock Issued During Period Value Share Based Compensation Forfeited StockIssuedDuringPeriodValueShareBasedCompensationForfeited	360000	USD
CY2015Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	9840526000	USD
CY2016Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	9856519000	USD
CY2015Q2	us-gaap	Undistributed Earnings UndistributedEarnings	171879000	USD
	us-gaap	Undistributed Earnings UndistributedEarnings	379494000	USD
CY2016Q2	us-gaap	Undistributed Earnings UndistributedEarnings	196928000	USD
	us-gaap	Undistributed Earnings UndistributedEarnings	434230000	USD
CY2015Q2	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	445000	USD
	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	975000	USD
CY2016Q2	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	516000	USD
	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	1147000	USD
CY2015Q4	us-gaap	Unsecured Debt UnsecuredDebt	3845674000	USD
CY2016Q2	us-gaap	Unsecured Debt UnsecuredDebt	4319165000	USD
CY2015Q2	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	1101361	shares
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	1192947	shares
CY2016Q2	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	511463	shares
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	550564	shares
CY2015Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	133086439	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	133131363	shares
CY2016Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	137437733	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	137410387	shares
CY2015Q2	us-gaap	Weighted Average Number Of Limited Partnership And General Partnership Unit Outstanding Basic And Diluted WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted	7500	shares
	us-gaap	Weighted Average Number Of Limited Partnership And General Partnership Unit Outstanding Basic And Diluted WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted	7500	shares
CY2016Q2	us-gaap	Weighted Average Number Of Limited Partnership And General Partnership Unit Outstanding Basic And Diluted WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted	7500	shares
	us-gaap	Weighted Average Number Of Limited Partnership And General Partnership Unit Outstanding Basic And Diluted WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted	7500	shares
CY2015Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	131977578	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	131930916	shares
CY2016Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	136918770	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	136852323	shares
	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Reclassifications</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain reclassifications have been made to amounts in prior years’ notes to financial statements to conform to current year presentations as a result of changes in held for sale classification and disposition activity.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div>
	us-gaap	Use Of Estimates UseOfEstimates	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with GAAP requires management to make certain estimates and assumptions. These estimates and assumptions affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the financial statements and the reported amounts of revenue and expenses during the reporting periods.  Actual results could differ from those estimates.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div>

Files In Submission

Name	View Source	Status
0000915912-16-000034-index-headers.html	Edgar Link	pending
0000915912-16-000034-index.html	Edgar Link	pending
0000915912-16-000034.txt	Edgar Link	pending
0000915912-16-000034-xbrl.zip	Edgar Link	pending
avb-20160630.xml	Edgar Link	completed
avb-20160630.xsd	Edgar Link	pending
avb-20160630_cal.xml	Edgar Link	unprocessable
avb-20160630_def.xml	Edgar Link	unprocessable
avb-20160630_lab.xml	Edgar Link	unprocessable
avb-20160630_pre.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
q2201610-q.htm	Edgar Link	pending
q2201610-qex121.htm	Edgar Link	pending
q2201610-qex311.htm	Edgar Link	pending
q2201610-qex312.htm	Edgar Link	pending
q2201610-qex32.htm	Edgar Link	pending
R1.htm	Edgar Link	pending
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R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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2016 Q2 Form 10-Q Financial Statement

#000091591216000034 Filed on August 05, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

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$AVB AVALONBAY COMMUNITIES INC Stock $avb

2016 Q2 Form 10-Q Financial Statement

#000091591216000034 Filed on August 05, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$AVB
AVALONBAY COMMUNITIES INC Stock $avb