$AVB
AVALONBAY COMMUNITIES INC Stock $avb

$avb Overview Financials Valuation SEC Filings Company Website

2019 Q1 Form 10-Q Financial Statement

#000091591219000014 Filed on May 03, 2019

Income Statement

Concept	2019 Q1	2018 Q1
Revenue	$566.2M	$560.8M
YoY Change	0.96%	7.36%
Cost Of Revenue	$184.8M	$191.9M
YoY Change	-3.7%	9.03%
Gross Profit	$381.4M	$368.9M
YoY Change	3.39%	6.5%
Gross Profit Margin	67.36%	65.78%
Selling, General & Admin	$13.70M	$13.70M
YoY Change	0.0%	3.79%
% of Gross Profit	3.59%	3.71%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$162.1M	$159.1M
YoY Change	1.88%	13.11%
% of Gross Profit	42.49%	43.12%
Operating Expenses	$409.8M	$420.9M
YoY Change	-2.64%	7.51%
Operating Profit	$394.9M	$369.3M
YoY Change	6.94%	3.77%
Interest Expense	$47.89M	$55.11M
YoY Change	-13.1%	11.8%
% of Operating Profit	12.13%	14.92%
Other Income/Expense, Net
YoY Change
Pretax Income	$170.4M	$141.6M
YoY Change	20.36%	-39.95%
Income Tax	-$6.000K	$0.00
% Of Pretax Income	0.0%	0.0%
Net Earnings	$170.4M	$141.6M
YoY Change	20.36%	-39.95%
Net Earnings / Revenue	30.1%	25.25%
Basic Earnings Per Share	$1.23	$1.03
Diluted Earnings Per Share	$1.23	$1.03
COMMON SHARES
Basic Shares Outstanding	138.3M shares	137.8M shares
Diluted Shares Outstanding	138.8M shares	138.2M shares

Balance Sheet

Concept	2019 Q1	2018 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$63.00M	$137.0M
YoY Change	-54.01%	12.3%
Cash & Equivalents	$63.00M	$137.2M
Short-Term Investments
Other Short-Term Assets	$144.0M	$254.0M
YoY Change	-43.31%	-11.5%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$207.0M	$391.0M
YoY Change	-47.06%	-4.4%
LONG-TERM ASSETS
Property, Plant & Equipment	$18.00B	$17.89B
YoY Change	0.64%	4.79%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$213.0M	$164.0M
YoY Change	29.88%	-10.38%
Other Assets	$188.0M	$174.0M
YoY Change	8.05%	-39.37%
Total Long-Term Assets	$18.43B	$18.26B
YoY Change	0.97%	3.9%
TOTAL ASSETS
Total Short-Term Assets	$207.0M	$391.0M
Total Long-Term Assets	$18.43B	$18.26B
Total Assets	$18.64B	$18.65B
YoY Change	-0.03%	3.72%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$102.0M	$83.00M
YoY Change	22.89%	-14.43%
Accrued Expenses	$466.0M	$360.0M
YoY Change	29.44%	3.45%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$841.0M	$705.0M
YoY Change	19.29%	1.0%
LONG-TERM LIABILITIES
Long-Term Debt	$7.060B	$7.599B
YoY Change	-7.09%	8.46%
Other Long-Term Liabilities	$1.000M	$1.000M
YoY Change	0.0%
Total Long-Term Liabilities	$7.061B	$7.600B
YoY Change	-7.09%	8.48%
TOTAL LIABILITIES
Total Short-Term Liabilities	$841.0M	$705.0M
Total Long-Term Liabilities	$7.061B	$7.600B
Total Liabilities	$7.903B	$8.305B
YoY Change	-4.85%	7.82%
SHAREHOLDERS EQUITY
Retained Earnings	$306.9M	$128.2M
YoY Change	139.42%	-4.12%
Common Stock	$1.394M	$1.382M
YoY Change	0.87%	0.29%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$10.73B	$10.34B
YoY Change
Total Liabilities & Shareholders Equity	$18.64B	$18.65B
YoY Change	-0.03%	3.72%

Cashflow Statement

Concept	2019 Q1	2018 Q1
OPERATING ACTIVITIES
Net Income	$170.4M	$141.6M
YoY Change	20.36%	-39.95%
Depreciation, Depletion And Amortization	$162.1M	$159.1M
YoY Change	1.88%	13.11%
Cash From Operating Activities	$361.8M	$315.9M
YoY Change	14.52%	5.34%
INVESTING ACTIVITIES
Capital Expenditures	-$390.2M	-$318.3M
YoY Change	22.59%	17.89%
Acquisitions
YoY Change
Other Investing Activities	$77.00M	-$1.000M
YoY Change	-7800.0%	-102.88%
Cash From Investing Activities	-$313.2M	-$319.3M
YoY Change	-1.91%	193.24%
FINANCING ACTIVITIES
Cash Dividend Paid	$203.5M	$196.0M
YoY Change	3.83%	5.84%
Common Stock Issuance & Retirement, Net	$155.6M	$0.00
YoY Change		-100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-$71.26M	$72.87M
YoY Change	-197.79%	-147.85%
NET CHANGE
Cash From Operating Activities	$361.8M	$315.9M
Cash From Investing Activities	-$313.2M	-$319.3M
Cash From Financing Activities	-$71.26M	$72.87M
Net Change In Cash	-$22.66M	$69.50M
YoY Change	-132.6%	79.39%
FREE CASH FLOW
Cash From Operating Activities	$361.8M	$315.9M
Capital Expenditures	-$390.2M	-$318.3M
Free Cash Flow	$752.0M	$634.2M
YoY Change	18.57%	11.29%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2018Q4	us-gaap	Security Deposit SecurityDeposit	31816000	USD
CY2019Q1	avb	Additional Numberof Communities Expected To Be Developed AdditionalNumberofCommunitiesExpectedToBeDeveloped	29	community
CY2018Q1	avb	Casualty Gainand Impairment Loss Net Operating Activities CasualtyGainandImpairmentLossNetOperatingActivities	-58000	USD
CY2019Q1	avb	Casualty Gainand Impairment Loss Net Operating Activities CasualtyGainandImpairmentLossNetOperatingActivities	0	USD
CY2018Q1	avb	Disposal Group Not Discontinued Operation Net Operating Income From Assets Heldfor Sale Not Classifiedas Discontinued Operations DisposalGroupNotDiscontinuedOperationNetOperatingIncomeFromAssetsHeldforSaleNotClassifiedasDiscontinuedOperations	19311000	USD
CY2019Q1	avb	Disposal Group Not Discontinued Operation Net Operating Income From Assets Heldfor Sale Not Classifiedas Discontinued Operations DisposalGroupNotDiscontinuedOperationNetOperatingIncomeFromAssetsHeldforSaleNotClassifiedasDiscontinuedOperations	1238000	USD
CY2018Q4	avb	Equity Method Investment Summarized Financial Information Assets Other Assets EquityMethodInvestmentSummarizedFinancialInformationAssetsOtherAssets	45142000	USD
CY2019Q1	avb	Equity Method Investment Summarized Financial Information Assets Other Assets EquityMethodInvestmentSummarizedFinancialInformationAssetsOtherAssets	206359000	USD
CY2018Q1	avb	Equity Method Investment Summarized Financial Information Depreciation And Amortization EquityMethodInvestmentSummarizedFinancialInformationDepreciationAndAmortization	5880000	USD
CY2019Q1	avb	Equity Method Investment Summarized Financial Information Depreciation And Amortization EquityMethodInvestmentSummarizedFinancialInformationDepreciationAndAmortization	21696000	USD
CY2018Q1	avb	Equity Method Investment Summarized Financial Information Interest Expense EquityMethodInvestmentSummarizedFinancialInformationInterestExpense	5618000	USD
CY2019Q1	avb	Equity Method Investment Summarized Financial Information Interest Expense EquityMethodInvestmentSummarizedFinancialInformationInterestExpense	8552000	USD
CY2018Q4	avb	Equity Method Investment Summarized Financial Information Liabilities Other Liabilities EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesOtherLiabilities	15624000	USD
CY2019Q1	avb	Equity Method Investment Summarized Financial Information Liabilities Other Liabilities EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesOtherLiabilities	161688000	USD
CY2018Q4	avb	Equity Method Investment Summarized Financial Information Mortgage Notes Payable And Credit Facility EquityMethodInvestmentSummarizedFinancialInformationMortgageNotesPayableAndCreditFacility	837311000	USD
CY2019Q1	avb	Equity Method Investment Summarized Financial Information Mortgage Notes Payable And Credit Facility EquityMethodInvestmentSummarizedFinancialInformationMortgageNotesPayableAndCreditFacility	835889000	USD
CY2018Q1	avb	Equity Method Investment Summarized Financial Information Operating And Other Expenses EquityMethodInvestmentSummarizedFinancialInformationOperatingAndOtherExpenses	8305000	USD
CY2019Q1	avb	Equity Method Investment Summarized Financial Information Operating And Other Expenses EquityMethodInvestmentSummarizedFinancialInformationOperatingAndOtherExpenses	13969000	USD
CY2018Q4	avb	Equity Method Investment Summarized Financial Information Real Estate Net EquityMethodInvestmentSummarizedFinancialInformationRealEstateNet	1420039000	USD
CY2019Q1	avb	Equity Method Investment Summarized Financial Information Real Estate Net EquityMethodInvestmentSummarizedFinancialInformationRealEstateNet	1386041000	USD
CY2019Q1	avb	Estimated Number Of Apartment Homes In Communities Expected To Be Developed EstimatedNumberOfApartmentHomesInCommunitiesExpectedToBeDeveloped	10050	home
CY2019Q1	avb	Expected Aggregate Number Of Apartment Homes To Be Constructed ExpectedAggregateNumberOfApartmentHomesToBeConstructed	6170	home
CY2018Q1	avb	Gainonsaleofrealestateassetsincontinuingoperations Gainonsaleofrealestateassetsincontinuingoperations	0	USD
CY2019Q1	avb	Gainonsaleofrealestateassetsincontinuingoperations Gainonsaleofrealestateassetsincontinuingoperations	14835000	USD
CY2018Q1	avb	Indirect Operating Expenses Net Of Corporate Income IndirectOperatingExpensesNetOfCorporateIncome	18958000	USD
CY2019Q1	avb	Indirect Operating Expenses Net Of Corporate Income IndirectOperatingExpensesNetOfCorporateIncome	19722000	USD
CY2019Q1	avb	Lease Liability LeaseLiability	140436000	USD
CY2019Q1	avb	Lease Liability Payments Due Year Two LeaseLiabilityPaymentsDueYearTwo	12510000	USD
CY2019Q1	avb	Lease Liability Payments Due LeaseLiabilityPaymentsDue	476355000	USD
CY2019Q1	avb	Lease Liability Payments Due Year Five LeaseLiabilityPaymentsDueYearFive	13469000	USD
CY2019Q1	avb	Lease Liability Payments Due Year Four LeaseLiabilityPaymentsDueYearFour	14018000	USD
CY2019Q1	avb	Lease Liability Payments Due Year Three LeaseLiabilityPaymentsDueYearThree	14095000	USD
CY2019Q1	avb	Lease Liability Payments Dueafter Year Five LeaseLiabilityPaymentsDueafterYearFive	411174000	USD
CY2019Q1	avb	Lease Liability Payments Remainderof Fiscal Year LeaseLiabilityPaymentsRemainderofFiscalYear	11089000	USD
CY2019Q1	avb	Lease Liability Undiscounted Excess Amount LeaseLiabilityUndiscountedExcessAmount	335919000	USD
CY2019Q1	avb	Lease Right Of Use Asset LeaseRightOfUseAsset	124370000	USD
CY2019Q1	avb	Lessee Operating Lease Lease Not Yet Commenced Number Of Leases LesseeOperatingLeaseLeaseNotYetCommencedNumberOfLeases	1	Lease
CY2019Q1	avb	Number Of Apartment Homes Under Reconstruction NumberOfApartmentHomesUnderReconstruction	3396	home
CY2019Q1	avb	Number Of Communities With Apartments Under Reconstruction NumberOfCommunitiesWithApartmentsUnderReconstruction	9	community
CY2019Q1	avb	Number Of Owned Communities Under Construction NumberOfOwnedCommunitiesUnderConstruction	19	community
CY2019Q1	avb	Numberof Communities Heldfor Sale NumberofCommunitiesHeldforSale	1	community
CY2019Q1	avb	Numberof Land Parcels Sold NumberofLandParcelsSold	2	land_parcel
CY2019Q1	avb	Numberof Office Leases NumberofOfficeLeases	14	Lease
CY2018Q1	avb	Operating Expenses From Assets Heldfor Sale Not Classifiedas Discontinued Operations OperatingExpensesFromAssetsHeldforSaleNotClassifiedasDiscontinuedOperations	10336000	USD
CY2019Q1	avb	Operating Expenses From Assets Heldfor Sale Not Classifiedas Discontinued Operations OperatingExpensesFromAssetsHeldforSaleNotClassifiedasDiscontinuedOperations	1156000	USD
CY2018Q1	avb	Payment For Redemption Of Preferred Interest Obligation PaymentForRedemptionOfPreferredInterestObligation	480000	USD
CY2019Q1	avb	Payment For Redemption Of Preferred Interest Obligation PaymentForRedemptionOfPreferredInterestObligation	480000	USD
CY2018Q1	avb	Real Estate Gross At Carrying Value Excluding Gross Real Estate Assets Held For Sale RealEstateGrossAtCarryingValueExcludingGrossRealEstateAssetsHeldForSale	20945434000	USD
CY2019Q1	avb	Real Estate Gross At Carrying Value Excluding Gross Real Estate Assets Held For Sale RealEstateGrossAtCarryingValueExcludingGrossRealEstateAssetsHeldForSale	22548306000	USD
CY2018Q1	avb	Revenue From Assets Heldfor Sale Not Classifiedas Discontinued Operations RevenueFromAssetsHeldforSaleNotClassifiedasDiscontinuedOperations	29647000	USD
CY2019Q1	avb	Revenue From Assets Heldfor Sale Not Classifiedas Discontinued Operations RevenueFromAssetsHeldforSaleNotClassifiedasDiscontinuedOperations	2394000	USD
CY2019Q1	dei	Amendment Flag AmendmentFlag	false
CY2019Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2019Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2019Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2019
CY2019Q1	dei	Document Period End Date DocumentPeriodEndDate	2019-03-31
CY2019Q1	dei	Document Type DocumentType	10-Q
CY2019Q1	dei	Entity Central Index Key EntityCentralIndexKey	0000915912
CY2019Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	139403273	shares
CY2019Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2019Q1	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2019Q1	dei	Entity Registrant Name EntityRegistrantName	AVALONBAY COMMUNITIES INC
CY2019Q1	dei	Entity Small Business EntitySmallBusiness	false
CY2018Q4	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	297700000	USD
CY2019Q1	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	279941000	USD
CY2018Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-26144000	USD
CY2019Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-31907000	USD
CY2018Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	10306588000	USD
CY2019Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	10457651000	USD
CY2018Q1	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	10483000	USD
CY2019Q1	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	14206000	USD
CY2018Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	6549000	USD
CY2019Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	7861000	USD
CY2018Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	3846000	USD
CY2019Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	5471000	USD
CY2018Q1	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	419000	USD
CY2019Q1	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	394000	USD
CY2018Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	2007000	USD
CY2019Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	1692000	USD
CY2018Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	6995	shares
CY2018Q4	us-gaap	Assets Assets	18380200000	USD
CY2019Q1	us-gaap	Assets Assets	18639983000	USD
CY2018Q4	us-gaap	Assets Of Disposal Group Including Discontinued Operation Current AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent	55208000	USD
CY2019Q1	us-gaap	Assets Of Disposal Group Including Discontinued Operation Current AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent	76362000	USD
CY2018Q1	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	800000	USD
CY2019Q1	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	1095000	USD
CY2018Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	137244000	USD
CY2018Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	91659000	USD
CY2019Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	62999000	USD
CY2017Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	201906000	USD
CY2018Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	271407000	USD
CY2018Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	217864000	USD
CY2019Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	195207000	USD
CY2018Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	69501000	USD
CY2019Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-22657000	USD
CY2018Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2019Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2018Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	1.47
CY2019Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	1.52
CY2018Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2019Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2018Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	280000000	shares
CY2019Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	280000000	shares
CY2018Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	138508424	shares
CY2019Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	139403222	shares
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CY2019Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	139403222	shares
CY2018Q4	us-gaap	Common Stock Value CommonStockValue	1385000	USD
CY2019Q1	us-gaap	Common Stock Value CommonStockValue	1394000	USD
CY2018Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	154900000	USD
CY2019Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	164603000	USD
CY2018Q4	us-gaap	Construction In Progress Gross ConstructionInProgressGross	1768132000	USD
CY2019Q1	us-gaap	Construction In Progress Gross ConstructionInProgressGross	1856294000	USD
CY2018Q4	us-gaap	Construction Payable Current And Noncurrent ConstructionPayableCurrentAndNoncurrent	96983000	USD
CY2019Q1	us-gaap	Construction Payable Current And Noncurrent ConstructionPayableCurrentAndNoncurrent	102427000	USD
CY2018Q1	us-gaap	Depreciation Depreciation	159059000	USD
CY2019Q1	us-gaap	Depreciation Depreciation	162057000	USD
CY2018Q1	us-gaap	Derivative Instruments Loss Reclassified From Accumulated Oci Into Income Effective Portion DerivativeInstrumentsLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortion	1756000	USD
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CY2018Q1	us-gaap	Dividends Common Stock DividendsCommonStock	203166000	USD
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CY2018Q1	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	2086000	USD
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CY2018Q4	us-gaap	Equity Method Investment Difference Between Carrying Amount And Underlying Equity EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity	31188000	USD
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CY2019Q1	us-gaap	Equity Method Investment Summarized Financial Information Assets EquityMethodInvestmentSummarizedFinancialInformationAssets	1592400000	USD
CY2018Q4	us-gaap	Equity Method Investment Summarized Financial Information Equity Or Capital EquityMethodInvestmentSummarizedFinancialInformationEquityOrCapital	612246000	USD
CY2019Q1	us-gaap	Equity Method Investment Summarized Financial Information Equity Or Capital EquityMethodInvestmentSummarizedFinancialInformationEquityOrCapital	594824000	USD
CY2018Q4	us-gaap	Equity Method Investment Summarized Financial Information Liabilities And Equity EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity	1465181000	USD
CY2019Q1	us-gaap	Equity Method Investment Summarized Financial Information Liabilities And Equity EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity	1592401000	USD
CY2018Q1	us-gaap	Equity Method Investment Summarized Financial Information Net Income Loss EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss	1998000	USD
CY2019Q1	us-gaap	Equity Method Investment Summarized Financial Information Net Income Loss EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss	-8906000	USD
CY2018Q1	us-gaap	Equity Method Investment Summarized Financial Information Revenue EquityMethodInvestmentSummarizedFinancialInformationRevenue	21801000	USD
CY2019Q1	us-gaap	Equity Method Investment Summarized Financial Information Revenue EquityMethodInvestmentSummarizedFinancialInformationRevenue	35311000	USD
CY2019Q1	us-gaap	Finance Lease Liability FinanceLeaseLiability	20234000	USD
CY2019Q1	us-gaap	Finance Lease Liability Payments Due FinanceLeaseLiabilityPaymentsDue	46349000	USD
CY2019Q1	us-gaap	Finance Lease Liability Payments Due After Year Five FinanceLeaseLiabilityPaymentsDueAfterYearFive	41220000	USD
CY2019Q1	us-gaap	Finance Lease Liability Payments Due Year Five FinanceLeaseLiabilityPaymentsDueYearFive	1084000	USD
CY2019Q1	us-gaap	Finance Lease Liability Payments Due Year Four FinanceLeaseLiabilityPaymentsDueYearFour	1082000	USD
CY2019Q1	us-gaap	Finance Lease Liability Payments Due Year Three FinanceLeaseLiabilityPaymentsDueYearThree	1080000	USD
CY2019Q1	us-gaap	Finance Lease Liability Payments Due Year Two FinanceLeaseLiabilityPaymentsDueYearTwo	1077000	USD
CY2019Q1	us-gaap	Finance Lease Liability Payments Remainder Of Fiscal Year FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear	806000	USD
CY2019Q1	us-gaap	Finance Lease Liability Undiscounted Excess Amount FinanceLeaseLiabilityUndiscountedExcessAmount	26115000	USD
CY2019Q1	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	267000	USD
CY2019Q1	us-gaap	Finance Lease Right Of Use Asset FinanceLeaseRightOfUseAsset	22057000	USD
CY2019Q1	us-gaap	Finance Lease Weighted Average Discount Rate Percent FinanceLeaseWeightedAverageDiscountRatePercent	0.0463
CY2019Q1	us-gaap	Finance Lease Weighted Average Remaining Lease Term1 FinanceLeaseWeightedAverageRemainingLeaseTerm1	P27Y
CY2018Q4	us-gaap	Fixtures And Equipment Gross FixturesAndEquipmentGross	696200000	USD
CY2019Q1	us-gaap	Fixtures And Equipment Gross FixturesAndEquipmentGross	733341000	USD
CY2018Q1	us-gaap	Gain Loss On Sale Of Other Assets GainLossOnSaleOfOtherAssets	-47000	USD
CY2019Q1	us-gaap	Gain Loss On Sale Of Other Assets GainLossOnSaleOfOtherAssets	267000	USD
CY2018Q1	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	-47000	USD
CY2019Q1	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	15102000	USD
CY2018Q1	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-397000	USD
CY2019Q1	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-280000	USD
CY2019Q1	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	14835000	USD
CY2018Q1	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	-58000	USD
CY2018Q1	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	0	USD
CY2019Q1	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	0	USD
CY2018Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	141590000	USD
CY2018Q1	us-gaap	Impairment Of Investments ImpairmentOfInvestments	0	USD
CY2019Q1	us-gaap	Impairment Of Investments ImpairmentOfInvestments	0	USD
CY2018Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	14431000	USD
CY2019Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	13688000	USD
CY2019Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	170430000	USD
CY2018Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	1740000	USD
CY2019Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-1060000	USD
CY2018Q1	us-gaap	Income Loss From Equity Method Investments Net Of Dividends Or Distributions IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions	-1486000	USD
CY2019Q1	us-gaap	Income Loss From Equity Method Investments Net Of Dividends Or Distributions IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions	-5517000	USD
CY2018Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	USD
CY2019Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	12000	USD
CY2018Q1	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	11677000	USD
CY2019Q1	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	32587000	USD
CY2018Q1	us-gaap	Increase Decrease In Construction Payables IncreaseDecreaseInConstructionPayables	-2168000	USD
CY2019Q1	us-gaap	Increase Decrease In Construction Payables IncreaseDecreaseInConstructionPayables	5444000	USD
CY2018Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	6608000	USD
CY2019Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	3087000	USD
CY2018Q1	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	13164000	USD
CY2019Q1	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	17589000	USD
CY2018Q1	us-gaap	Interest Expense InterestExpense	55113000	USD
CY2019Q1	us-gaap	Interest Expense InterestExpense	47892000	USD
CY2018Q1	us-gaap	Interest Paid Net InterestPaidNet	33936000	USD
CY2019Q1	us-gaap	Interest Paid Net InterestPaidNet	25513000	USD
CY2018Q4	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	46648000	USD
CY2019Q1	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	65472000	USD
CY2018Q4	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	15651035000	USD
CY2019Q1	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	15783433000	USD
CY2018Q4	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	217432000	USD
CY2019Q1	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	212639000	USD
CY2018Q4	us-gaap	Land And Land Improvements LandAndLandImprovements	4077090000	USD
CY2019Q1	us-gaap	Land And Land Improvements LandAndLandImprovements	4070275000	USD
CY2018Q4	us-gaap	Land Available For Development LandAvailableForDevelopment	84712000	USD
CY2019Q1	us-gaap	Land Available For Development LandAvailableForDevelopment	104963000	USD
CY2019Q1	us-gaap	Lease And Rental Expense LeaseAndRentalExpense	3537000	USD
CY2019Q1	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	430006000	USD
CY2019Q1	us-gaap	Lessee Operating Lease Liability Payments Due After Year Five LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive	369954000	USD
CY2019Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Five LesseeOperatingLeaseLiabilityPaymentsDueYearFive	12385000	USD
CY2019Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	12936000	USD
CY2019Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	13015000	USD
CY2019Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	11433000	USD
CY2019Q1	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	10283000	USD
CY2019Q1	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	309804000	USD
CY2019Q1	us-gaap	Liabilities Of Disposal Group Including Discontinued Operation LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation	1034000	USD
CY2018Q4	us-gaap	Line Of Credit LineOfCredit	0	USD
CY2018Q4	us-gaap	Liabilities Liabilities	7744350000	USD
CY2019Q1	us-gaap	Liabilities Liabilities	7902588000	USD
CY2018Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	18380200000	USD
CY2019Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	18639983000	USD
CY2018Q4	us-gaap	Liabilities Of Disposal Group Including Discontinued Operation LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation	150000	USD
CY2019Q1	us-gaap	Line Of Credit LineOfCredit	0	USD
CY2018Q4	us-gaap	Long Term Debt LongTermDebt	7102355000	USD
CY2019Q1	us-gaap	Long Term Debt LongTermDebt	7100685000	USD
CY2018Q1	us-gaap	Minority Interest Change In Redemption Value MinorityInterestChangeInRedemptionValue	-63000	USD
CY2019Q1	us-gaap	Minority Interest Change In Redemption Value MinorityInterestChangeInRedemptionValue	-224000	USD
CY2018Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	72868000	USD
CY2019Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-71524000	USD
CY2018Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-319280000	USD
CY2019Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-313186000	USD
CY2018Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	315913000	USD
CY2019Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	362053000	USD
CY2018Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-53000	USD
CY2019Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	52000	USD
CY2018Q1	us-gaap	Net Income Loss Attributable To Redeemable Noncontrolling Interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest	-11000	USD
CY2019Q1	us-gaap	Net Income Loss Attributable To Redeemable Noncontrolling Interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest	-11000	USD
CY2018Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	141643000	USD
CY2019Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	170366000	USD
CY2018Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	141654000	USD
CY2019Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	170377000	USD
CY2018Q1	us-gaap	Noncash Project Abandonment Costs NoncashProjectAbandonmentCosts	112000	USD
CY2019Q1	us-gaap	Noncash Project Abandonment Costs NoncashProjectAbandonmentCosts	208000	USD
CY2018Q4	us-gaap	Notes Payable NotesPayable	7102355000	USD
CY2019Q1	us-gaap	Notes Payable NotesPayable	7100685000	USD
CY2019Q1	us-gaap	Number Of Real Estate Properties NumberOfRealEstateProperties	272	community
CY2019Q1	us-gaap	Number Of States In Which Entity Operates NumberOfStatesInWhichEntityOperates	12	state
CY2019Q1	us-gaap	Number Of Units In Real Estate Property NumberOfUnitsInRealEstateProperty	79143	home
CY2018Q1	us-gaap	Operating Expenses OperatingExpenses	420895000	USD
CY2019Q1	us-gaap	Operating Expenses OperatingExpenses	409796000	USD
CY2018Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	369286000	USD
CY2019Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	399884000	USD
CY2019Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	120202000	USD
CY2019Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	102312000	USD
CY2019Q1	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0497
CY2019Q1	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P53Y
CY2018Q1	us-gaap	Operating Leases Income Statement Lease Revenue OperatingLeasesIncomeStatementLeaseRevenue	559906000	USD
CY2019Q1	us-gaap	Operating Leases Income Statement Lease Revenue OperatingLeasesIncomeStatementLeaseRevenue	565045000	USD
CY2018Q1	us-gaap	Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent	11501000	USD
CY2019Q1	us-gaap	Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent	-7231000	USD
CY2018Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax	11501000	USD
CY2019Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax	-7231000	USD
CY2018Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	-1756000	USD
CY2019Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	-1468000	USD
CY2018Q4	us-gaap	Other Deferred Costs Net OtherDeferredCostsNet	47443000	USD
CY2019Q1	us-gaap	Other Deferred Costs Net OtherDeferredCostsNet	55419000	USD
CY2018Q1	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	15240000	USD
CY2019Q1	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	20069000	USD
CY2018Q1	us-gaap	Payments For Proceeds From Hedge Financing Activities PaymentsForProceedsFromHedgeFinancingActivities	-12598000	USD
CY2019Q1	us-gaap	Payments For Proceeds From Hedge Financing Activities PaymentsForProceedsFromHedgeFinancingActivities	0	USD
CY2018Q1	us-gaap	Payments For Proceeds From Real Estate Partnership Investment Net PaymentsForProceedsFromRealEstatePartnershipInvestmentNet	104000	USD
CY2019Q1	us-gaap	Payments For Proceeds From Real Estate Partnership Investment Net PaymentsForProceedsFromRealEstatePartnershipInvestmentNet	113000	USD
CY2018Q1	us-gaap	Payments Of Capital Distribution PaymentsOfCapitalDistribution	11000	USD
CY2019Q1	us-gaap	Payments Of Capital Distribution PaymentsOfCapitalDistribution	11000	USD
CY2018Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	195999000	USD
CY2019Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	203499000	USD
CY2018Q1	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	3244000	USD
CY2019Q1	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	6841000	USD
CY2018Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	10483000	USD
CY2019Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	14206000	USD
CY2018Q1	us-gaap	Payments To Acquire Businesses And Interest In Affiliates PaymentsToAcquireBusinessesAndInterestInAffiliates	4368000	USD
CY2019Q1	us-gaap	Payments To Acquire Businesses And Interest In Affiliates PaymentsToAcquireBusinessesAndInterestInAffiliates	724000	USD
CY2018Q1	us-gaap	Payments To Acquire Mortgage Notes Receivable PaymentsToAcquireMortgageNotesReceivable	2006000	USD
CY2019Q1	us-gaap	Payments To Acquire Mortgage Notes Receivable PaymentsToAcquireMortgageNotesReceivable	159000	USD
CY2018Q1	us-gaap	Payments To Acquire Other Real Estate PaymentsToAcquireOtherRealEstate	0	USD
CY2019Q1	us-gaap	Payments To Acquire Other Real Estate PaymentsToAcquireOtherRealEstate	91548000	USD
CY2018Q1	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	1735000	USD
CY2019Q1	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	488000	USD
CY2018Q1	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	301299000	USD
CY2019Q1	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	278075000	USD
CY2019Q1	us-gaap	Pledged Assets Not Separately Reported Real Estate PledgedAssetsNotSeparatelyReportedRealEstate	1816856000	USD
CY2018Q4	us-gaap	Preferred Stock Liquidation Preference PreferredStockLiquidationPreference	25
CY2019Q1	us-gaap	Preferred Stock Liquidation Preference PreferredStockLiquidationPreference	25
CY2018Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2019Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2018Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000	shares
CY2019Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000	shares
CY2018Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2019Q1	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2018Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2019Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2018Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2019Q1	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2018Q4	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	134715000	USD
CY2019Q1	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	143511000	USD
CY2018Q1	us-gaap	Proceeds From Insurance Settlement Investing Activities ProceedsFromInsuranceSettlementInvestingActivities	58000	USD
CY2019Q1	us-gaap	Proceeds From Insurance Settlement Investing Activities ProceedsFromInsuranceSettlementInvestingActivities	0	USD
CY2018Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	0	USD
CY2019Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	155561000	USD
CY2018Q1	us-gaap	Proceeds From Sale And Collection Of Notes Receivable ProceedsFromSaleAndCollectionOfNotesReceivable	4862000	USD
CY2019Q1	us-gaap	Proceeds From Sale And Collection Of Notes Receivable ProceedsFromSaleAndCollectionOfNotesReceivable	978000	USD
CY2018Q1	us-gaap	Proceeds From Sale Of Equity Method Investments ProceedsFromSaleOfEquityMethodInvestments	2013000	USD
CY2019Q1	us-gaap	Proceeds From Sale Of Equity Method Investments ProceedsFromSaleOfEquityMethodInvestments	0	USD
CY2018Q1	us-gaap	Proceeds From Sale Of Real Estate Heldforinvestment ProceedsFromSaleOfRealEstateHeldforinvestment	603000	USD
CY2019Q1	us-gaap	Proceeds From Sale Of Real Estate Heldforinvestment ProceedsFromSaleOfRealEstateHeldforinvestment	71455000	USD
CY2018Q1	us-gaap	Proceeds From Unsecured Notes Payable ProceedsFromUnsecuredNotesPayable	299442000	USD
CY2019Q1	us-gaap	Proceeds From Unsecured Notes Payable ProceedsFromUnsecuredNotesPayable	0	USD
CY2018Q1	us-gaap	Profit Loss ProfitLoss	141590000	USD
CY2019Q1	us-gaap	Profit Loss ProfitLoss	170418000	USD
CY2018Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	4035000	USD
CY2019Q1	us-gaap	Real Estate Heldforsale RealEstateHeldforsale	90153000	USD
CY2018Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	4601447000	USD
CY2019Q1	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	4748578000	USD
CY2018Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	20424325000	USD
CY2019Q1	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	20587049000	USD
CY2018Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	15822878000	USD
CY2019Q1	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	15838471000	USD
CY2018Q4	us-gaap	Real Estate Investments RealEstateInvestments	17730930000	USD
CY2019Q1	us-gaap	Real Estate Investments RealEstateInvestments	17876090000	USD
CY2018Q1	us-gaap	Real Estate Tax Expense RealEstateTaxExpense	59896000	USD
CY2019Q1	us-gaap	Real Estate Tax Expense RealEstateTaxExpense	61329000	USD
CY2018Q4	us-gaap	Redeemable Noncontrolling Interest Equity Common Carrying Amount RedeemableNoncontrollingInterestEquityCommonCarryingAmount	3244000	USD
CY2019Q1	us-gaap	Redeemable Noncontrolling Interest Equity Common Carrying Amount RedeemableNoncontrollingInterestEquityCommonCarryingAmount	3396000	USD
CY2018Q1	us-gaap	Repayments Of Long Term Capital Lease Obligations RepaymentsOfLongTermCapitalLeaseObligations	267000	USD
CY2018Q1	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	28584000	USD
CY2019Q1	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	1668000	USD
CY2018Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	134163000	USD
CY2018Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	126205000	USD
CY2019Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	132208000	USD
CY2018Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	350777000	USD
CY2019Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	306861000	USD
CY2018Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	886000	USD
CY2019Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	1139000	USD
CY2018Q1	us-gaap	Revenues Revenues	560792000	USD
CY2019Q1	us-gaap	Revenues Revenues	566184000	USD
CY2018Q4	us-gaap	Secured Debt SecuredDebt	1134270000	USD
CY2019Q1	us-gaap	Secured Debt SecuredDebt	1132740000	USD
CY2019Q1	us-gaap	Security Deposit SecurityDeposit	32747000	USD
CY2018Q4	us-gaap	Security Deposit Liability SecurityDepositLiability	58415000	USD
CY2019Q1	us-gaap	Security Deposit Liability SecurityDepositLiability	60461000	USD
CY2018Q1	us-gaap	Share Based Compensation ShareBasedCompensation	4029000	USD
CY2019Q1	us-gaap	Share Based Compensation ShareBasedCompensation	5621000	USD
CY2018Q1	us-gaap	Shares Paid For Tax Withholding For Share Based Compensation SharesPaidForTaxWithholdingForShareBasedCompensation	67609	shares
CY2019Q1	us-gaap	Shares Paid For Tax Withholding For Share Based Compensation SharesPaidForTaxWithholdingForShareBasedCompensation	75195	shares
CY2018Q1	us-gaap	Stock Issued During Period Shares Dividend Reinvestment Plan StockIssuedDuringPeriodSharesDividendReinvestmentPlan	566	shares
CY2019Q1	us-gaap	Stock Issued During Period Shares Dividend Reinvestment Plan StockIssuedDuringPeriodSharesDividendReinvestmentPlan	602	shares
CY2019Q1	us-gaap	Stock Issued During Period Shares Share Based Compensation Forfeited StockIssuedDuringPeriodSharesShareBasedCompensationForfeited	616	shares
CY2019Q1	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	66949	shares
CY2018Q1	us-gaap	Stock Issued During Period Value Dividend Reinvestment Plan StockIssuedDuringPeriodValueDividendReinvestmentPlan	96000	USD
CY2019Q1	us-gaap	Stock Issued During Period Value Dividend Reinvestment Plan StockIssuedDuringPeriodValueDividendReinvestmentPlan	108000	USD
CY2018Q1	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	-11142000	USD
CY2019Q1	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	141319000	USD
CY2018Q1	us-gaap	Stock Issued During Period Value Share Based Compensation Forfeited StockIssuedDuringPeriodValueShareBasedCompensationForfeited	234000	USD
CY2019Q1	us-gaap	Stock Issued During Period Value Share Based Compensation Forfeited StockIssuedDuringPeriodValueShareBasedCompensationForfeited	102000	USD
CY2017Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	10388046000	USD
CY2018Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	10335124000	USD
CY2018Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	10632606000	USD
CY2019Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	10733999000	USD
CY2018Q1	us-gaap	Undistributed Earnings UndistributedEarnings	141213000	USD
CY2019Q1	us-gaap	Undistributed Earnings UndistributedEarnings	169865000	USD
CY2018Q1	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	430000	USD
CY2019Q1	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	501000	USD
CY2018Q4	us-gaap	Unsecured Debt UnsecuredDebt	5905993000	USD
CY2019Q1	us-gaap	Unsecured Debt UnsecuredDebt	5907327000	USD
CY2018Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	381202	shares
CY2019Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	493453	shares
CY2018Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	138153170	shares
CY2019Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	138832201	shares
CY2018Q1	us-gaap	Weighted Average Number Of Limited Partnership And General Partnership Unit Outstanding Basic And Diluted WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted	7500	shares
CY2019Q1	us-gaap	Weighted Average Number Of Limited Partnership And General Partnership Unit Outstanding Basic And Diluted WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted	7500	shares
CY2018Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	137764468	shares
CY2019Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	138331248	shares
CY2019Q1	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, disposition activity and segment classification.</font></div></div>
CY2019Q1	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;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
0000915912-19-000014-index-headers.html	Edgar Link	pending
0000915912-19-000014-index.html	Edgar Link	pending
0000915912-19-000014.txt	Edgar Link	pending
0000915912-19-000014-xbrl.zip	Edgar Link	pending
avb-20190331.xml	Edgar Link	completed
avb-20190331.xsd	Edgar Link	pending
avb-20190331_cal.xml	Edgar Link	unprocessable
avb-20190331_def.xml	Edgar Link	unprocessable
avb-20190331_lab.xml	Edgar Link	unprocessable
avb-20190331_pre.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
q1201910-q.htm	Edgar Link	pending
q1201910-qex311.htm	Edgar Link	pending
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2019 Q1 Form 10-Q Financial Statement

#000091591219000014 Filed on May 03, 2019

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$AVB AVALONBAY COMMUNITIES INC Stock $avb

2019 Q1 Form 10-Q Financial Statement

#000091591219000014 Filed on May 03, 2019

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$AVB
AVALONBAY COMMUNITIES INC Stock $avb