2021 Q2 Form 10-Q Financial Statement

#000091591221000019 Filed on August 04, 2021

View on sec.gov

Income Statement

Concept 2021 Q2 2020 Q2
Revenue $561.7M $576.4M
YoY Change -2.54% -0.15%
Cost Of Revenue $421.9M $198.1M
YoY Change 112.95% 1.54%
Gross Profit $691.0M $378.3M
YoY Change 82.66% -1.02%
Gross Profit Margin 123.01% 65.63%
Selling, General & Admin $35.82M $15.60M
YoY Change 129.6% -17.89%
% of Gross Profit 5.18% 4.12%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $184.5M $176.2M
YoY Change 4.67% 8.33%
% of Gross Profit 26.7% 46.59%
Operating Expenses $403.6M $191.8M
YoY Change 110.42% -55.37%
Operating Profit $359.8M $388.1M
YoY Change -7.31% -2.99%
Interest Expense $56.10M $53.40M
YoY Change 5.07% 6.78%
% of Operating Profit 15.59% 13.76%
Other Income/Expense, Net -$1.653M -$388.0K
YoY Change 326.03%
Pretax Income $448.0M $169.7M
YoY Change 163.93% 0.85%
Income Tax $10.00K -$1.133M
% Of Pretax Income 0.0% -0.67%
Net Earnings $448.0M $170.9M
YoY Change 162.18% 1.52%
Net Earnings / Revenue 79.75% 29.64%
Basic Earnings Per Share $3.21 $1.21
Diluted Earnings Per Share $3.21 $1.21
COMMON SHARES
Basic Shares Outstanding 139.4M shares 140.5M shares
Diluted Shares Outstanding 139.7M shares 140.7M shares

Balance Sheet

Concept 2021 Q2 2020 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $297.0M $323.0M
YoY Change -8.04% 32.38%
Cash & Equivalents $297.0M $322.8M
Short-Term Investments
Other Short-Term Assets $220.9M $184.0M
YoY Change 20.06% 10.18%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $518.0M $507.0M
YoY Change 2.16% 23.36%
LONG-TERM ASSETS
Property, Plant & Equipment $18.30B $18.46B
YoY Change -0.87% 1.81%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $228.0M $176.0M
YoY Change 29.52% -15.79%
Other Assets $239.4M $174.0M
YoY Change 37.59% 18.37%
Total Long-Term Assets $18.80B $18.84B
YoY Change -0.24% 1.74%
TOTAL ASSETS
Total Short-Term Assets $518.0M $507.0M
Total Long-Term Assets $18.80B $18.84B
Total Assets $19.32B $19.35B
YoY Change -0.18% 2.21%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $66.32M $81.00M
YoY Change -18.13% -22.86%
Accrued Expenses $502.1M $460.0M
YoY Change 9.14% 8.24%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $851.2M $828.0M
YoY Change 2.8% 2.6%
LONG-TERM LIABILITIES
Long-Term Debt $7.554B $7.650B
YoY Change -1.26% 3.77%
Other Long-Term Liabilities $0.00 $0.00
YoY Change -100.0%
Total Long-Term Liabilities $7.554B $7.650B
YoY Change -1.26% 3.76%
TOTAL LIABILITIES
Total Short-Term Liabilities $851.2M $828.0M
Total Long-Term Liabilities $7.554B $7.650B
Total Liabilities $8.405B $8.478B
YoY Change -0.86% 3.66%
SHAREHOLDERS EQUITY
Retained Earnings $272.4M $172.3M
YoY Change 58.09% -34.37%
Common Stock $1.396M $1.407M
YoY Change -0.78% 0.72%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $10.91B $10.87B
YoY Change
Total Liabilities & Shareholders Equity $19.32B $19.35B
YoY Change -0.18% 2.21%

Cashflow Statement

Concept 2021 Q2 2020 Q2
OPERATING ACTIVITIES
Net Income $448.0M $170.9M
YoY Change 162.18% 1.52%
Depreciation, Depletion And Amortization $184.5M $176.2M
YoY Change 4.67% 8.33%
Cash From Operating Activities $238.5M $287.2M
YoY Change -16.95% 4.1%
INVESTING ACTIVITIES
Capital Expenditures -$275.4M -$160.1M
YoY Change 72.02% -57.27%
Acquisitions
YoY Change
Other Investing Activities $520.5M $111.0M
YoY Change 368.93% 13.5%
Cash From Investing Activities $245.2M -$49.00M
YoY Change -600.42% -82.3%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -226.3M -690.9M
YoY Change -67.25% -608.76%
NET CHANGE
Cash From Operating Activities 238.5M 287.2M
Cash From Investing Activities 245.2M -49.00M
Cash From Financing Activities -226.3M -690.9M
Net Change In Cash 257.5M -452.7M
YoY Change -156.87% -435.58%
FREE CASH FLOW
Cash From Operating Activities $238.5M $287.2M
Capital Expenditures -$275.4M -$160.1M
Free Cash Flow $513.9M $447.3M
YoY Change 14.9% -31.25%

Facts In Submission

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338875000 USD
CY2021Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
24000 USD
CY2020Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
41000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
35000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
76000 USD
CY2021Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
447953000 USD
CY2020Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
170828000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
590176000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
338799000 USD
CY2021Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
-822000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
-1461000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
-822000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
-19064000 USD
CY2021Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-2366000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-2301000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-4733000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-4250000 USD
CY2021Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
449497000 USD
CY2020Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
171668000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
594087000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
323985000 USD
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.21
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.21
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.23
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.41
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.21
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.21
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.23
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.41
us-gaap Profit Loss
ProfitLoss
590211000 USD
us-gaap Profit Loss
ProfitLoss
338875000 USD
us-gaap Depreciation
Depreciation
367769000 USD
us-gaap Depreciation
Depreciation
354160000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
3675000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
3720000 USD
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
1320000 USD
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
833000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
122000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-9438000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
13185000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
11870000 USD
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
-2989000 USD
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
-3705000 USD
avb Casualty Gain And Impairment Loss Net Operating Activities
CasualtyGainAndImpairmentLossNetOperatingActivities
831000 USD
avb Casualty Gain And Impairment Loss Net Operating Activities
CasualtyGainAndImpairmentLossNetOperatingActivities
0 USD
us-gaap Noncash Project Abandonment Costs
NoncashProjectAbandonmentCosts
685000 USD
us-gaap Noncash Project Abandonment Costs
NoncashProjectAbandonmentCosts
2095000 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
2654000 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
0 USD
us-gaap Derivative Instruments Loss Reclassified From Accumulated Oci Into Income Effective Portion
DerivativeInstrumentsLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortion
4733000 USD
us-gaap Derivative Instruments Loss Reclassified From Accumulated Oci Into Income Effective Portion
DerivativeInstrumentsLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortion
4250000 USD
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
412060000 USD
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
59930000 USD
us-gaap Gain Loss On Sale Of Other Investments
GainLossOnSaleOfOtherInvestments
706000 USD
us-gaap Gain Loss On Sale Of Other Investments
GainLossOnSaleOfOtherInvestments
7446000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
16329000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
13595000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
15102000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-19058000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
568629000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
628917000 USD
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
325692000 USD
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
383139000 USD
us-gaap Payments To Acquire Other Real Estate
PaymentsToAcquireOtherRealEstate
118572000 USD
us-gaap Payments To Acquire Other Real Estate
PaymentsToAcquireOtherRealEstate
0 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
57157000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
51858000 USD
avb Paymentsfor Capital Improvements Non Real Estate
PaymentsforCapitalImprovementsNonRealEstate
2584000 USD
avb Paymentsfor Capital Improvements Non Real Estate
PaymentsforCapitalImprovementsNonRealEstate
14461000 USD
us-gaap Increase Decrease In Construction Payables
IncreaseDecreaseInConstructionPayables
-27294000 USD
us-gaap Increase Decrease In Construction Payables
IncreaseDecreaseInConstructionPayables
-11547000 USD
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
575431000 USD
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
132882000 USD
us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
48655000 USD
us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
155217000 USD
us-gaap Payments To Acquire Mortgage Notes Receivable
PaymentsToAcquireMortgageNotesReceivable
113000 USD
us-gaap Payments To Acquire Mortgage Notes Receivable
PaymentsToAcquireMortgageNotesReceivable
209000 USD
us-gaap Proceeds From Sale And Collection Of Notes Receivable
ProceedsFromSaleAndCollectionOfNotesReceivable
1556000 USD
us-gaap Proceeds From Sale And Collection Of Notes Receivable
ProceedsFromSaleAndCollectionOfNotesReceivable
2238000 USD
us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
22331000 USD
us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
0 USD
us-gaap Payments To Acquire Businesses And Interest In Affiliates
PaymentsToAcquireBusinessesAndInterestInAffiliates
27356000 USD
us-gaap Payments To Acquire Businesses And Interest In Affiliates
PaymentsToAcquireBusinessesAndInterestInAffiliates
14251000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
89205000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-185128000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
2372000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1613000 USD
us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
444572000 USD
us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
437326000 USD
us-gaap Proceeds From Secured Notes Payable
ProceedsFromSecuredNotesPayable
0 USD
us-gaap Proceeds From Secured Notes Payable
ProceedsFromSecuredNotesPayable
51000000 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
34734000 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
56852000 USD
us-gaap Proceeds From Unsecured Notes Payable
ProceedsFromUnsecuredNotesPayable
0 USD
us-gaap Proceeds From Unsecured Notes Payable
ProceedsFromUnsecuredNotesPayable
1296581000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-4733000 USD
us-gaap Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
0 USD
us-gaap Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
958680000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
0 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
11276000 USD
us-gaap Payments For Proceeds From Hedge Financing Activities
PaymentsForProceedsFromHedgeFinancingActivities
-6962000 USD
us-gaap Payments For Proceeds From Hedge Financing Activities
PaymentsForProceedsFromHedgeFinancingActivities
25135000 USD
us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
-33000 USD
us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
-42000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
13228000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
14750000 USD
us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
24000 USD
us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
24000 USD
us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
164000 USD
us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
218000 USD
avb Payment For Redemption Of Preferred Interest Obligation
PaymentForRedemptionOfPreferredInterestObligation
840000 USD
avb Payment For Redemption Of Preferred Interest Obligation
PaymentForRedemptionOfPreferredInterestObligation
600000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-484261000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-155709000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
173573000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
288080000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
313532000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
127614000 USD
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
487105000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
415694000 USD
us-gaap Interest Paid Net
InterestPaidNet
101703000 USD
us-gaap Interest Paid Net
InterestPaidNet
103328000 USD
CY2021Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
297036000 USD
CY2020Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
322817000 USD
CY2021Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
190069000 USD
CY2020Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
92877000 USD
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
487105000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
415694000 USD
us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
1561 shares
us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
274000 USD
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
13228000 USD
us-gaap Stock Issued During Period Value Share Based Compensation Forfeited
StockIssuedDuringPeriodValueShareBasedCompensationForfeited
140000 USD
us-gaap Increase Decrease In Derivative Liabilities
IncreaseDecreaseInDerivativeLiabilities
-822000 USD
us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
74726 shares
us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
1183 shares
us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
217000 USD
us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
73089 shares
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
14750000 USD
us-gaap Stock Issued During Period Value Share Based Compensation Forfeited
StockIssuedDuringPeriodValueShareBasedCompensationForfeited
685000 USD
us-gaap Increase Decrease In Derivative Liabilities
IncreaseDecreaseInDerivativeLiabilities
98000 USD
us-gaap Increase Decrease In Derivative Assets
IncreaseDecreaseInDerivativeAssets
178000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-4250000 USD
CY2021Q2 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
272 community
CY2021Q2 us-gaap Number Of Units In Real Estate Property
NumberOfUnitsInRealEstateProperty
80958 home
CY2021Q2 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
11 state
CY2021Q2 avb Number Of Owned Communities Under Construction
NumberOfOwnedCommunitiesUnderConstruction
16 community
CY2021Q2 avb Expected Aggregate Number Of Apartment Homes To Be Constructed
ExpectedAggregateNumberOfApartmentHomesToBeConstructed
4791 home
avb Numberof Residential Condominium Units Sold
NumberofResidentialCondominiumUnitsSold
96 residential_condominium
CY2021Q2 avb Additional Numberof Communities Expected To Be Developed
AdditionalNumberofCommunitiesExpectedToBeDeveloped
23 community
CY2021Q2 avb Estimated Number Of Apartment Homes In Communities Expected To Be Developed
EstimatedNumberOfApartmentHomesInCommunitiesExpectedToBeDeveloped
7802 home
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
139373963 shares
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
140450744 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
139332575 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
140413857 shares
CY2021Q2 us-gaap Weighted Average Number Of Limited Partnership And General Partnership Unit Outstanding Basic And Diluted
WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted
7500 shares
CY2020Q2 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
us-gaap Weighted Average Number Of Limited Partnership And General Partnership Unit Outstanding Basic And Diluted
WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted
7500 shares
CY2021Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
269176 shares
CY2020Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
279916 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
261451 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
330974 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
139650639 shares
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
140738160 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
139601526 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
140752331 shares
CY2021Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
447953000 USD
CY2020Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
170828000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
590176000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
338799000 USD
CY2021Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
902000 USD
CY2020Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
390000 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
1267000 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
817000 USD
CY2021Q2 us-gaap Undistributed Earnings
UndistributedEarnings
447051000 USD
CY2020Q2 us-gaap Undistributed Earnings
UndistributedEarnings
170438000 USD
us-gaap Undistributed Earnings
UndistributedEarnings
588909000 USD
us-gaap Undistributed Earnings
UndistributedEarnings
337982000 USD
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
139373963 shares
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
140450744 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
139332575 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
140413857 shares
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.21
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.21
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.23
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.41
CY2021Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
447953000 USD
CY2020Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
170828000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
590176000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
338799000 USD
CY2021Q2 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
-12000 USD
CY2020Q2 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
-12000 USD
us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
-24000 USD
us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
-24000 USD
CY2021Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
447965000 USD
CY2020Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
170840000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
590200000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
338823000 USD
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
139650639 shares
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
140738160 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
139601526 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
140752331 shares
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.21
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.21
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.23
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.41
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
292544 shares
us-gaap Use Of Estimates
UseOfEstimates
<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Use of Estimates</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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.</span></div>
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
ReclassificationsCertain 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.
us-gaap Revenue Recognition Leases
RevenueRecognitionLeases
<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Lease Revenue Reserves </span></div><div><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company assesses the collectability of its lease revenue and receivables on an on-going basis. Under ASC 842, Lease Accounting, the Company assesses the probability of receiving all remaining lease amounts due on a lease by lease basis, reserving for revenue and the related receivables for those leases where collection of substantially all of the remaining lease payments is not probable. Subsequently, the Company will only recognize revenue to the extent cash is received. If the Company determines that collection of the remaining lease payments becomes probable at a future date, the Company will recognize the cumulative revenue that would have been recorded under the original lease agreement.</span></div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In addition to the specific reserves recognized under ASC 842, the Company also evaluates its lease receivables for collectability at a portfolio level under ASC 450, Contingencies – Loss Contingencies. The Company recognizes a reserve under ASC 450 when the uncollectible revenue is probable and reasonably estimable.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%"> </span>The Company applies this reserve to the population of the Company’s revenue and receivables not specifically addressed as part of the specific ASC 842 reserve.
CY2021Q2 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
15065000 USD
CY2020Q2 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
20099000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
33710000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
24279000 USD
CY2021Q2 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
8362000 USD
CY2020Q2 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
11019000 USD
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
17161000 USD
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
22517000 USD
CY2021Q2 us-gaap Notes Payable
NotesPayable
7595080000 USD
CY2020Q4 us-gaap Notes Payable
NotesPayable
7629814000 USD
CY2021Q2 us-gaap Line Of Credit
LineOfCredit
0 USD
CY2021Q2 us-gaap Pledged Assets Not Separately Reported Real Estate
PledgedAssetsNotSeparatelyReportedRealEstate
1373062000 USD
CY2020Q4 us-gaap Line Of Credit
LineOfCredit
0 USD
CY2021Q2 us-gaap Long Term Debt
LongTermDebt
7595080000 USD
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
7629814000 USD
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
10752174000 USD
CY2021Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
142223000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-2367000 USD
CY2021Q1 us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
-273000 USD
CY2021Q1 us-gaap Minority Interest Period Increase Decrease
MinorityInterestPeriodIncreaseDecrease
-16000 USD
CY2021Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.59
CY2021Q1 us-gaap Dividends Common Stock
DividendsCommonStock
221779000 USD
CY2021Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
-13078000 USD
CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
7286000 USD
CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
10668904000 USD
CY2021Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
447953000 USD
CY2021Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
-822000 USD
CY2021Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-2366000 USD
CY2021Q2 us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
-255000 USD
CY2021Q2 us-gaap Minority Interest Period Increase Decrease
MinorityInterestPeriodIncreaseDecrease
-7000 USD
CY2021Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.59
CY2021Q2 us-gaap Dividends Common Stock
DividendsCommonStock
222451000 USD
CY2021Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
2496000 USD
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
10403000 USD
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
10908587000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
10990198000 USD
CY2020Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
167971000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
-17603000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-1949000 USD
CY2020Q1 us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
471000 USD
CY2020Q1 us-gaap Minority Interest Period Increase Decrease
MinorityInterestPeriodIncreaseDecrease
-35000 USD
CY2020Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.59
CY2020Q1 us-gaap Dividends Common Stock
DividendsCommonStock
224083000 USD
CY2020Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
-14107000 USD
CY2020Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
7781000 USD
CY2020Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
10912542000 USD
CY2020Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
170828000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
-1461000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-2301000 USD
CY2020Q2 us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
-146000 USD
CY2020Q2 us-gaap Minority Interest Period Increase Decrease
MinorityInterestPeriodIncreaseDecrease
1000 USD
CY2020Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.59
CY2020Q2 us-gaap Dividends Common Stock
DividendsCommonStock
224172000 USD
CY2020Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
1188000 USD
CY2020Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
9724000 USD
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
10870805000 USD
CY2020Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
280000000 shares
CY2020Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
2126 shares
CY2021Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
280000000 shares
CY2021Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
1561 shares
us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
74726 shares
us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
12145 shares
us-gaap Stock Issued During Period Shares Share Based Compensation Forfeited
StockIssuedDuringPeriodSharesShareBasedCompensationForfeited
709 shares
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
0 shares
CY2021Q2 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
316148000 USD
CY2021Q2 avb Equity Method Investment Net Income Loss Portion Attributable To Parent
EquityMethodInvestmentNetIncomeLossPortionAttributableToParent
27087000 USD
CY2020Q2 avb Equity Method Investment Net Income Loss Portion Attributable To Parent
EquityMethodInvestmentNetIncomeLossPortionAttributableToParent
1041000 USD
avb Equity Method Investment Net Income Loss Portion Attributable To Parent
EquityMethodInvestmentNetIncomeLossPortionAttributableToParent
27149000 USD
avb Equity Method Investment Net Income Loss Portion Attributable To Parent
EquityMethodInvestmentNetIncomeLossPortionAttributableToParent
2746000 USD
CY2021Q2 avb Equity Method Investments Amortization Of Excess Investment And Other
EquityMethodInvestmentsAmortizationOfExcessInvestmentAndOther
-528000 USD
CY2020Q2 avb Equity Method Investments Amortization Of Excess Investment And Other
EquityMethodInvestmentsAmortizationOfExcessInvestmentAndOther
-529000 USD
avb Equity Method Investments Amortization Of Excess Investment And Other
EquityMethodInvestmentsAmortizationOfExcessInvestmentAndOther
-1057000 USD
avb Equity Method Investments Amortization Of Excess Investment And Other
EquityMethodInvestmentsAmortizationOfExcessInvestmentAndOther
-1059000 USD
CY2021Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
26559000 USD
CY2020Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
512000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
26092000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1687000 USD
CY2021Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1653000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1483000 USD
CY2020Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-388000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-3722000 USD
CY2021Q2 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
1177000 USD
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
1177000 USD
CY2020Q2 us-gaap Impairment Of Investments
ImpairmentOfInvestments
0 USD
CY2021Q2 us-gaap Impairment Of Investments
ImpairmentOfInvestments
0 USD
us-gaap Impairment Of Investments
ImpairmentOfInvestments
0 USD
us-gaap Impairment Of Investments
ImpairmentOfInvestments
0 USD
CY2021Q2 avb Number Of Communities Held For Sale
NumberOfCommunitiesHeldForSale
0 community
CY2021Q2 avb Numberof Residential Condominium Units Sold
NumberofResidentialCondominiumUnitsSold
16 residential_condominium
avb Numberof Residential Condominium Units Sold
NumberofResidentialCondominiumUnitsSold
26 residential_condominium
CY2021Q2 avb Number Of Residential Condominiums Remaining To Be Sold
NumberOfResidentialCondominiumsRemainingToBeSold
76 residential_condominium
CY2021Q2 us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
1222000 USD
CY2020Q2 us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
1196000 USD
us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
2266000 USD
us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
2639000 USD
CY2021Q2 us-gaap Inventory Real Estate
InventoryRealEstate
220022000 USD
CY2020Q4 us-gaap Inventory Real Estate
InventoryRealEstate
267219000 USD
CY2021Q2 avb Number Of Office Leases
NumberOfOfficeLeases
13 Lease
CY2021Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
129064000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
133581000 USD
CY2021Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
157305000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
161313000 USD
CY2021Q2 us-gaap Operating Lease Expense
OperatingLeaseExpense
3896000 USD
CY2020Q2 us-gaap Operating Lease Expense
OperatingLeaseExpense
4240000 USD
us-gaap Operating Lease Expense
OperatingLeaseExpense
7723000 USD
us-gaap Operating Lease Expense
OperatingLeaseExpense
8157000 USD
CY2021Q2 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
25371000 USD
CY2020Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
21685000 USD
CY2021Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
20143000 USD
CY2020Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
20166000 USD
CY2021Q2 us-gaap Profit Loss
ProfitLoss
447977000 USD
CY2020Q2 us-gaap Profit Loss
ProfitLoss
170869000 USD
us-gaap Profit Loss
ProfitLoss
590211000 USD
us-gaap Profit Loss
ProfitLoss
338875000 USD
CY2021Q2 avb Indirect Operating Expenses Net Of Corporate Income
IndirectOperatingExpensesNetOfCorporateIncome
24318000 USD
CY2020Q2 avb Indirect Operating Expenses Net Of Corporate Income
IndirectOperatingExpensesNetOfCorporateIncome
23407000 USD
avb Indirect Operating Expenses Net Of Corporate Income
IndirectOperatingExpensesNetOfCorporateIncome
48788000 USD
avb Indirect Operating Expenses Net Of Corporate Income
IndirectOperatingExpensesNetOfCorporateIncome
46206000 USD
CY2021Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1653000 USD
CY2020Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-388000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1483000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-3722000 USD
CY2021Q2 us-gaap Interest Expense
InterestExpense
56104000 USD
CY2020Q2 us-gaap Interest Expense
InterestExpense
53399000 USD
us-gaap Interest Expense
InterestExpense
108717000 USD
us-gaap Interest Expense
InterestExpense
109313000 USD
CY2021Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2020Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-268000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
122000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-9438000 USD
CY2021Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
18465000 USD
CY2020Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
15573000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
35817000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
32893000 USD
CY2021Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
26559000 USD
CY2020Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
512000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
26092000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1687000 USD
CY2021Q2 us-gaap Depreciation
Depreciation
184472000 USD
CY2020Q2 us-gaap Depreciation
Depreciation
176249000 USD
us-gaap Depreciation
Depreciation
367769000 USD
us-gaap Depreciation
Depreciation
354160000 USD
CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
10000 USD
CY2020Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1133000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-745000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1042000 USD
CY2021Q2 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
1177000 USD
CY2020Q2 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 USD
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
1177000 USD
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 USD
CY2021Q2 avb Gain On Sale Of Real Estate Assets In Continuing Operations
GainOnSaleOfRealEstateAssetsInContinuingOperations
334569000 USD
CY2020Q2 avb Gain On Sale Of Real Estate Assets In Continuing Operations
GainOnSaleOfRealEstateAssetsInContinuingOperations
35295000 USD
avb Gain On Sale Of Real Estate Assets In Continuing Operations
GainOnSaleOfRealEstateAssetsInContinuingOperations
388296000 USD
avb Gain On Sale Of Real Estate Assets In Continuing Operations
GainOnSaleOfRealEstateAssetsInContinuingOperations
59731000 USD
CY2021Q2 us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
32000 USD
CY2020Q2 us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
156000 USD
us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
459000 USD
us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
199000 USD
CY2021Q2 avb Gain Losson Saleof Other Investments Net Of Marketing And Administrative Costs
GainLossonSaleofOtherInvestmentsNetOfMarketingAndAdministrativeCosts
-647000 USD
CY2020Q2 avb Gain Losson Saleof Other Investments Net Of Marketing And Administrative Costs
GainLossonSaleofOtherInvestmentsNetOfMarketingAndAdministrativeCosts
1348000 USD
avb Gain Losson Saleof Other Investments Net Of Marketing And Administrative Costs
GainLossonSaleofOtherInvestmentsNetOfMarketingAndAdministrativeCosts
-1560000 USD
avb Gain Losson Saleof Other Investments Net Of Marketing And Administrative Costs
GainLossonSaleofOtherInvestmentsNetOfMarketingAndAdministrativeCosts
4808000 USD
CY2021Q2 avb Disposal Group Not Discontinued Operation Net Operating Income From Assets Held For Sale Not Classified As Discontinued Operations
DisposalGroupNotDiscontinuedOperationNetOperatingIncomeFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
4749000 USD
CY2020Q2 avb Disposal Group Not Discontinued Operation Net Operating Income From Assets Held For Sale Not Classified As Discontinued Operations
DisposalGroupNotDiscontinuedOperationNetOperatingIncomeFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
13581000 USD
avb Disposal Group Not Discontinued Operation Net Operating Income From Assets Held For Sale Not Classified As Discontinued Operations
DisposalGroupNotDiscontinuedOperationNetOperatingIncomeFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
10549000 USD
avb Disposal Group Not Discontinued Operation Net Operating Income From Assets Held For Sale Not Classified As Discontinued Operations
DisposalGroupNotDiscontinuedOperationNetOperatingIncomeFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
28572000 USD
CY2021Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
368914000 USD
CY2020Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
388128000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
729259000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
798568000 USD
CY2021Q2 avb Revenue From Assets Heldfor Sale Not Classified As Discontinued Operations
RevenueFromAssetsHeldforSaleNotClassifiedAsDiscontinuedOperations
7719000 USD
CY2020Q2 avb Revenue From Assets Heldfor Sale Not Classified As Discontinued Operations
RevenueFromAssetsHeldforSaleNotClassifiedAsDiscontinuedOperations
21399000 USD
avb Revenue From Assets Heldfor Sale Not Classified As Discontinued Operations
RevenueFromAssetsHeldforSaleNotClassifiedAsDiscontinuedOperations
17307000 USD
avb Revenue From Assets Heldfor Sale Not Classified As Discontinued Operations
RevenueFromAssetsHeldforSaleNotClassifiedAsDiscontinuedOperations
44529000 USD
CY2021Q2 avb Operating Expenses From Assets Held For Sale Not Classified As Discontinued Operations
OperatingExpensesFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
2970000 USD
CY2020Q2 avb Operating Expenses From Assets Held For Sale Not Classified As Discontinued Operations
OperatingExpensesFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
7818000 USD
avb Operating Expenses From Assets Held For Sale Not Classified As Discontinued Operations
OperatingExpensesFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
6758000 USD
avb Operating Expenses From Assets Held For Sale Not Classified As Discontinued Operations
OperatingExpensesFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
15957000 USD
CY2021Q2 avb Disposal Group Not Discontinued Operation Net Operating Income From Assets Held For Sale Not Classified As Discontinued Operations
DisposalGroupNotDiscontinuedOperationNetOperatingIncomeFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
4749000 USD
CY2020Q2 avb Disposal Group Not Discontinued Operation Net Operating Income From Assets Held For Sale Not Classified As Discontinued Operations
DisposalGroupNotDiscontinuedOperationNetOperatingIncomeFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
13581000 USD
avb Disposal Group Not Discontinued Operation Net Operating Income From Assets Held For Sale Not Classified As Discontinued Operations
DisposalGroupNotDiscontinuedOperationNetOperatingIncomeFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
10549000 USD
avb Disposal Group Not Discontinued Operation Net Operating Income From Assets Held For Sale Not Classified As Discontinued Operations
DisposalGroupNotDiscontinuedOperationNetOperatingIncomeFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
28572000 USD
CY2021Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
368914000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
729259000 USD
CY2021Q2 avb Real Estate Gross At Carrying Value Excluding Gross Real Estate Assets Held For Sale
RealEstateGrossAtCarryingValueExcludingGrossRealEstateAssetsHeldForSale
24051801000 USD
CY2020Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
388128000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
798568000 USD
CY2020Q2 avb Real Estate Gross At Carrying Value Excluding Gross Real Estate Assets Held For Sale
RealEstateGrossAtCarryingValueExcludingGrossRealEstateAssetsHeldForSale
23117676000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
12897000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
11624000 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
4599000 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
6174000 USD
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
808000 USD
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
926000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1685000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1933000 USD
avb Derivative Notional Amounts Settled During Period
DerivativeNotionalAmountsSettledDuringPeriod
150000000 USD
us-gaap Payments For Proceeds From Hedge Financing Activities
PaymentsForProceedsFromHedgeFinancingActivities
-6962000 USD
CY2020 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-2894000 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
2654000 USD
CY2021Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-2366000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-2301000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-4733000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-4250000 USD

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