2022 Q3 Form 10-Q Financial Statement

#000091591222000015 Filed on August 03, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022 Q1
Revenue $665.3M $644.6M $613.9M
YoY Change 14.55% 14.74% 11.39%
Cost Of Revenue $240.7M $227.3M $222.1M
YoY Change 8.88% -46.13% 5.99%
Gross Profit $424.6M $417.3M $391.9M
YoY Change 18.04% -39.61% 14.68%
Gross Profit Margin 63.82% 64.74% 63.83%
Selling, General & Admin $14.61M $21.29M $17.42M
YoY Change -15.61% -40.56% 0.12%
% of Gross Profit 3.44% 5.1% 4.45%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $206.7M $199.3M $201.8M
YoY Change 6.64% 8.04% 10.09%
% of Gross Profit 48.67% 47.76% 51.49%
Operating Expenses $221.3M $220.6M $219.2M
YoY Change 4.82% -45.34% 9.28%
Operating Profit $449.2M $444.3M $418.3M
YoY Change 17.37% 23.49% 17.86%
Interest Expense $57.29M $58.80M $56.53M
YoY Change 2.33% 4.8% 7.44%
% of Operating Profit 12.76% 13.23% 13.51%
Other Income/Expense, Net -$6.514M -$2.364M -$987.0K
YoY Change 1462.11% 43.01% -680.59%
Pretax Income $500.3M $138.4M $264.5M
YoY Change 517.44% -69.1% 86.99%
Income Tax $5.651M -$159.0K $2.471M
% Of Pretax Income 1.13% -0.11% 0.93%
Net Earnings $494.6M $138.6M $262.1M
YoY Change 527.33% -69.07% 84.26%
Net Earnings / Revenue 74.35% 21.5% 42.69%
Basic Earnings Per Share $3.54 $0.99 $1.87
Diluted Earnings Per Share $3.53 $0.99 $1.87
COMMON SHARES
Basic Shares Outstanding 139.8M shares 139.6M shares 139.6M shares
Diluted Shares Outstanding 140.0M shares 139.9M shares 140.0M shares

Balance Sheet

Concept 2022 Q3 2022 Q2 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $201.0M $152.5M $343.5M
YoY Change -37.63% -48.65% 166.25%
Cash & Equivalents $201.0M $152.5M $343.5M
Short-Term Investments
Other Short-Term Assets $274.3M $252.8M $217.3M
YoY Change 16.05% 14.45% 10.88%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $475.3M $405.4M $560.8M
YoY Change -14.92% -21.74% 72.55%
LONG-TERM ASSETS
Property, Plant & Equipment $19.09B $18.95B $18.89B
YoY Change 3.11% 3.53% 2.65%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $217.3M $222.4M $219.1M
YoY Change 8.88% -2.42% 3.83%
Other Assets $340.9M $158.9M $161.1M
YoY Change 101.73% -33.63% 8.86%
Total Long-Term Assets $19.69B $19.36B $19.31B
YoY Change 4.07% 3.0% 2.73%
TOTAL ASSETS
Total Short-Term Assets $475.3M $405.4M $560.8M
Total Long-Term Assets $19.69B $19.36B $19.31B
Total Assets $20.16B $19.77B $19.87B
YoY Change 3.52% 2.34% 3.92%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $72.59M $58.70M $66.85M
YoY Change 25.21% -11.49% -21.36%
Accrued Expenses $550.7M $478.7M $511.2M
YoY Change 1.04% -4.66% -2.62%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $912.2M $825.3M $863.9M
YoY Change 2.85% -3.04% -2.94%
LONG-TERM LIABILITIES
Long-Term Debt $8.038B $8.021B $8.025B
YoY Change 3.06% 6.19% 6.18%
Other Long-Term Liabilities $1.067M $1.227M $0.00
YoY Change -10.93%
Total Long-Term Liabilities $8.039B $8.023B $8.025B
YoY Change 3.06% 6.21% 6.18%
TOTAL LIABILITIES
Total Short-Term Liabilities $912.2M $825.3M $863.9M
Total Long-Term Liabilities $8.039B $8.023B $8.025B
Total Liabilities $8.951B $8.848B $8.889B
YoY Change 3.04% 5.27% 5.21%
SHAREHOLDERS EQUITY
Retained Earnings $466.9M $195.0M $278.9M
YoY Change 263.2% -28.4% 491.61%
Common Stock $1.399M $1.399M $1.399M
YoY Change 0.21% 0.21% 0.21%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $11.21B $10.92B $10.98B
YoY Change
Total Liabilities & Shareholders Equity $20.16B $19.77B $19.87B
YoY Change 3.52% 2.34% 3.92%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022 Q1
OPERATING ACTIVITIES
Net Income $494.6M $138.6M $262.1M
YoY Change 527.33% -69.07% 84.26%
Depreciation, Depletion And Amortization $206.7M $199.3M $201.8M
YoY Change 6.64% 8.04% 10.09%
Cash From Operating Activities $440.4M $296.4M $343.7M
YoY Change 28.35% 24.25% 4.1%
INVESTING ACTIVITIES
Capital Expenditures -$615.9M -$289.8M -$359.4M
YoY Change 29.56% 5.24% 57.22%
Acquisitions
YoY Change
Other Investing Activities $623.9M $23.53M $269.2M
YoY Change 786.2% -95.48% 270.3%
Cash From Investing Activities $8.019M -$266.3M -$90.20M
YoY Change -101.98% -208.61% -42.16%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $459.0K
YoY Change 4072.73%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -221.5M -227.3M -$339.9M
YoY Change -2191.37% 0.45% 31.73%
NET CHANGE
Cash From Operating Activities 440.4M 296.4M $343.7M
Cash From Investing Activities 8.019M -266.3M -$90.20M
Cash From Financing Activities -221.5M -227.3M -$339.9M
Net Change In Cash 226.9M -197.2M -$86.38M
YoY Change -542.76% -176.6% 3.08%
FREE CASH FLOW
Cash From Operating Activities $440.4M $296.4M $343.7M
Capital Expenditures -$615.9M -$289.8M -$359.4M
Free Cash Flow $1.056B $586.2M $703.1M
YoY Change 29.05% 14.06% 25.83%

Facts In Submission

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CY2021Q2 us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
32000 usd
us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
80000 usd
us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
459000 usd
CY2022Q2 avb Gain Losson Saleof Other Investments Net Of Marketing And Administrative Costs
GainLossonSaleofOtherInvestmentsNetOfMarketingAndAdministrativeCosts
-71000 usd
CY2021Q2 avb Gain Losson Saleof Other Investments Net Of Marketing And Administrative Costs
GainLossonSaleofOtherInvestmentsNetOfMarketingAndAdministrativeCosts
-647000 usd
avb Gain Losson Saleof Other Investments Net Of Marketing And Administrative Costs
GainLossonSaleofOtherInvestmentsNetOfMarketingAndAdministrativeCosts
165000 usd
avb Gain Losson Saleof Other Investments Net Of Marketing And Administrative Costs
GainLossonSaleofOtherInvestmentsNetOfMarketingAndAdministrativeCosts
-1560000 usd
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
138407000 usd
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
447987000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
402954000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
589466000 usd
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-159000 usd
CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
10000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2312000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-745000 usd
CY2022Q2 us-gaap Profit Loss
ProfitLoss
138566000 usd
CY2021Q2 us-gaap Profit Loss
ProfitLoss
447977000 usd
us-gaap Profit Loss
ProfitLoss
400642000 usd
us-gaap Profit Loss
ProfitLoss
590211000 usd
CY2022Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-125000 usd
CY2021Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
24000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-93000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
35000 usd
CY2022Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
138691000 usd
CY2021Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
447953000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
400735000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
590176000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
7759000 usd
CY2021Q2 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
17914000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
-822000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-1013000 usd
CY2021Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-2366000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-2026000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-4733000 usd
CY2022Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
147463000 usd
CY2021Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
449497000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
420675000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
594087000 usd
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.99
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.21
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.87
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.23
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.99
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.21
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.86
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.23
us-gaap Profit Loss
ProfitLoss
400642000 usd
us-gaap Profit Loss
ProfitLoss
590211000 usd
us-gaap Depreciation
Depreciation
401088000 usd
us-gaap Depreciation
Depreciation
367769000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
3950000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
3675000 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
1387000 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
1320000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
122000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
17681000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
13185000 usd
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
1000 usd
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
-2989000 usd
avb Casualty Gain And Impairment Loss Net Operating Activities
CasualtyGainAndImpairmentLossNetOperatingActivities
0 usd
avb Casualty Gain And Impairment Loss Net Operating Activities
CasualtyGainAndImpairmentLossNetOperatingActivities
831000 usd
us-gaap Noncash Project Abandonment Costs
NoncashProjectAbandonmentCosts
738000 usd
us-gaap Noncash Project Abandonment Costs
NoncashProjectAbandonmentCosts
685000 usd
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
0 usd
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
2654000 usd
us-gaap Interest Rate Cash Flow Hedge Gain Loss Reclassified To Earnings Net
InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet
-2026000 usd
us-gaap Interest Rate Cash Flow Hedge Gain Loss Reclassified To Earnings Net
InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet
-4733000 usd
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
149284000 usd
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
412060000 usd
us-gaap Gain Loss On Sale Of Other Investments
GainLossOnSaleOfOtherInvestments
1469000 usd
us-gaap Gain Loss On Sale Of Other Investments
GainLossOnSaleOfOtherInvestments
706000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
31336000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
16329000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-5374000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
15102000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
640048000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
568629000 usd
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
414107000 usd
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
325692000 usd
us-gaap Payments To Acquire Other Real Estate
PaymentsToAcquireOtherRealEstate
165117000 usd
us-gaap Payments To Acquire Other Real Estate
PaymentsToAcquireOtherRealEstate
118572000 usd
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
64356000 usd
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
57157000 usd
avb Paymentsfor Capital Improvements Non Real Estate
PaymentsforCapitalImprovementsNonRealEstate
5665000 usd
avb Paymentsfor Capital Improvements Non Real Estate
PaymentsforCapitalImprovementsNonRealEstate
2584000 usd
us-gaap Increase Decrease In Construction Payables
IncreaseDecreaseInConstructionPayables
-5024000 usd
us-gaap Increase Decrease In Construction Payables
IncreaseDecreaseInConstructionPayables
-27294000 usd
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
230660000 usd
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
575431000 usd
us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
75182000 usd
us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
48655000 usd
us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
6055000 usd
us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
113000 usd
us-gaap Proceeds From Sale And Collection Of Notes Receivable
ProceedsFromSaleAndCollectionOfNotesReceivable
4021000 usd
us-gaap Proceeds From Sale And Collection Of Notes Receivable
ProceedsFromSaleAndCollectionOfNotesReceivable
1556000 usd
us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
2000000 usd
us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
22331000 usd
us-gaap Payments To Acquire Businesses And Interest In Affiliates
PaymentsToAcquireBusinessesAndInterestInAffiliates
8047000 usd
us-gaap Payments To Acquire Businesses And Interest In Affiliates
PaymentsToAcquireBusinessesAndInterestInAffiliates
27356000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-356508000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
89205000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
2010000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
2372000 usd
us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
445226000 usd
us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
444572000 usd
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
6427000 usd
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
34734000 usd
us-gaap Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
100000000 usd
us-gaap Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
0 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
421000 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
0 usd
us-gaap Payments For Proceeds From Hedge Financing Activities
PaymentsForProceedsFromHedgeFinancingActivities
0 usd
us-gaap Payments For Proceeds From Hedge Financing Activities
PaymentsForProceedsFromHedgeFinancingActivities
-6962000 usd
us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
-29000 usd
us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
-33000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
16379000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
13228000 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
181000 usd
us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
164000 usd
avb Payment For Redemption Of Preferred Interest Obligation
PaymentForRedemptionOfPreferredInterestObligation
460000 usd
avb Payment For Redemption Of Preferred Interest Obligation
PaymentForRedemptionOfPreferredInterestObligation
840000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-567137000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-484261000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-283597000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
173573000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
543788000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
313532000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
260191000 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
487105000 usd
us-gaap Interest Paid Net
InterestPaidNet
106443000 usd
us-gaap Interest Paid Net
InterestPaidNet
101703000 usd
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
152522000 usd
CY2021Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
297036000 usd
CY2022Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
107669000 usd
CY2021Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
190069000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
260191000 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
487105000 usd
us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
1211 shares
us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
298000 usd
us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
69834 shares
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
16389000 usd
us-gaap Stock Issued During Period Value Share Based Compensation Forfeited
StockIssuedDuringPeriodValueShareBasedCompensationForfeited
610000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
17914000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-2026000 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 Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
74726 shares
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 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 Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-4733000 usd
CY2022Q2 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
299 community
CY2022Q2 us-gaap Number Of Units In Real Estate Property
NumberOfUnitsInRealEstateProperty
89037 home
CY2022Q2 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
12 state
CY2022Q2 avb Number Of Owned Communities Under Construction
NumberOfOwnedCommunitiesUnderConstruction
17 community
CY2022Q2 avb Number Of Owned Communities Under Reconstruction
NumberOfOwnedCommunitiesUnderReconstruction
2 community
avb Numberof Residential Condominium Units Sold
NumberofResidentialCondominiumUnitsSold
151 residential_condominium
CY2022Q2 avb Additional Numberof Communities Expected To Be Developed
AdditionalNumberofCommunitiesExpectedToBeDeveloped
32 community
CY2022Q2 avb Estimated Number Of Apartment Homes In Communities Expected To Be Developed
EstimatedNumberOfApartmentHomesInCommunitiesExpectedToBeDeveloped
10913 home
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
139630291 shares
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
139373963 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
139595098 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
139332575 shares
CY2022Q2 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 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
CY2022Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
296687 shares
CY2021Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
269176 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
352682 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
261451 shares
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
139934478 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
139650639 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
139955280 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
139601526 shares
CY2022Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
138691000 usd
CY2021Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
447953000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
400735000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
590176000 usd
CY2022Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
247000 usd
CY2021Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
902000 usd
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
756000 usd
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
1267000 usd
CY2022Q2 us-gaap Undistributed Earnings
UndistributedEarnings
138444000 usd
CY2021Q2 us-gaap Undistributed Earnings
UndistributedEarnings
447051000 usd
us-gaap Undistributed Earnings
UndistributedEarnings
399979000 usd
us-gaap Undistributed Earnings
UndistributedEarnings
588909000 usd
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
139630291 shares
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
139373963 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
139595098 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
139332575 shares
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.99
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.21
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.87
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.23
CY2022Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
138691000 usd
CY2021Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
447953000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
400735000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
590176000 usd
CY2022Q2 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
-12000 usd
CY2021Q2 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
CY2022Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
138703000 usd
CY2021Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
447965000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
400759000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
590200000 usd
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
139934478 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
139650639 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
139955280 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
139601526 shares
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.99
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.21
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.86
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.23
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
8222 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
292544 shares
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
33710000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2312000 usd
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%">Uncollectible 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, (i) assessing the probability of receiving all lease amounts due on a lease by lease basis, (ii) reserving all amounts for those leases where collection of substantially all of the remaining lease payments is not probable and (iii) subsequently, 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><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%">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. 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.</span></div>The Company recorded an aggregate offset to income for uncollectible lease revenue for its residential and commercial portfolios of $7,061,000 and $15,065,000 for the three months ended June 30, 2022 and 2021, respectively, and $20,660,000 and $33,710,000 for the six months ended June 30, 2022 and 2021, respectively, under ASC 842 and ASC 450.
CY2022Q2 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
7061000 usd
CY2021Q2 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
15065000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
20660000 usd
CY2022Q2 us-gaap Interest Costs Capitalized
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8193000 usd
CY2021Q2 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
8362000 usd
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
15293000 usd
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
17161000 usd
CY2022Q2 us-gaap Notes Payable
NotesPayable
8064003000 usd
CY2021Q4 us-gaap Notes Payable
NotesPayable
8170431000 usd
CY2022Q2 us-gaap Line Of Credit
LineOfCredit
0 usd
CY2021Q4 us-gaap Line Of Credit
LineOfCredit
0 usd
CY2022Q2 us-gaap Commercial Paper
CommercialPaper
0 usd
CY2021Q4 us-gaap Commercial Paper
CommercialPaper
0 usd
CY2022Q2 us-gaap Long Term Debt
LongTermDebt
8064003000 usd
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
8170431000 usd
CY2022Q2 avb Commercial Paper Maximum Borrowing Capacity
CommercialPaperMaximumBorrowingCapacity
500000000 usd
CY2022Q2 us-gaap Commercial Paper
CommercialPaper
0 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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10933093000 usd
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
262044000 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
10155000 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-1013000 usd
CY2022Q1 us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
-43000 usd
CY2022Q1 us-gaap Minority Interest Period Increase Decrease
MinorityInterestPeriodIncreaseDecrease
-10000 usd
CY2022Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.59
CY2022Q1 us-gaap Dividends Common Stock
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222373000 usd
CY2022Q1 us-gaap Stock Issued During Period Value New Issues
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CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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9176000 usd
CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
10977292000 usd
CY2022Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
138691000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
7759000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-1013000 usd
CY2022Q2 us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
168000 usd
CY2022Q2 us-gaap Minority Interest Period Increase Decrease
MinorityInterestPeriodIncreaseDecrease
-6000 usd
CY2022Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.59
CY2022Q2 us-gaap Dividends Common Stock
DividendsCommonStock
222772000 usd
CY2022Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
1683000 usd
CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
14183000 usd
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
10918011000 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
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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
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
280000000 shares
CY2022Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
280000000 shares
CY2022Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2021Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
4304 shares
us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
1211 shares
us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
69834 shares
us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
9307 shares
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
0 shares
CY2022Q2 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
316148000 usd
avb Number Of Communities Acquired
NumberOfCommunitiesAcquired
2 community
CY2022Q2 avb Other Commitment Number Of Mezzanine Loans
OtherCommitmentNumberOfMezzanineLoans
2 loan
CY2022Q2 us-gaap Other Commitment
OtherCommitment
79575000 usd
CY2022Q2 avb Other Commitment Outstanding Funding
OtherCommitmentOutstandingFunding
6055000 usd
CY2022Q2 avb Other Commitment Number Of Mezzanine Loans
OtherCommitmentNumberOfMezzanineLoans
2 loan
CY2022Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-2364000 usd
CY2021Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1653000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-3351000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1483000 usd
CY2022Q2 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 usd
us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 usd
CY2021Q2 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 usd
us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 usd
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
1177000 usd
us-gaap Impairment Of Investments
ImpairmentOfInvestments
0 usd
us-gaap Impairment Of Investments
ImpairmentOfInvestments
0 usd
CY2022Q2 us-gaap Impairment Of Investments
ImpairmentOfInvestments
0 usd
CY2021Q2 us-gaap Impairment Of Investments
ImpairmentOfInvestments
0 usd
CY2022Q2 avb Number Of Communities Held For Sale
NumberOfCommunitiesHeldForSale
3 community
CY2022Q2 avb Numberof Residential Condominium Units Sold
NumberofResidentialCondominiumUnitsSold
13 residential_condominium
avb Numberof Residential Condominium Units Sold
NumberofResidentialCondominiumUnitsSold
28 residential_condominium
CY2022Q2 avb Number Of Residential Condominiums Remaining To Be Sold
NumberOfResidentialCondominiumsRemainingToBeSold
21 residential_condominium
CY2022Q2 us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
538000 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
7670000 usd
CY2021Q2 us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
1222000 usd
us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
1304000 usd
us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
2266000 usd
CY2022Q2 us-gaap Inventory Real Estate
InventoryRealEstate
73622000 usd
CY2021Q4 us-gaap Inventory Real Estate
InventoryRealEstate
146535000 usd
CY2022Q2 avb Number Of Office Leases
NumberOfOfficeLeases
12 lease
CY2022Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
118645000 usd
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
118370000 usd
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
146424000 usd
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
146377000 usd
CY2022Q2 us-gaap Operating Lease Expense
OperatingLeaseExpense
3964000 usd
CY2021Q2 us-gaap Operating Lease Expense
OperatingLeaseExpense
3896000 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
7723000 usd
CY2022Q2 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
28528000 usd
CY2021Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
28229000 usd
CY2022Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
20095000 usd
CY2021Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
20120000 usd
CY2022Q2 us-gaap Profit Loss
ProfitLoss
138566000 usd
CY2021Q2 us-gaap Profit Loss
ProfitLoss
447977000 usd
us-gaap Profit Loss
ProfitLoss
400642000 usd
us-gaap Profit Loss
ProfitLoss
590211000 usd
CY2022Q2 avb Indirect Operating Expenses Net Of Corporate Income
IndirectOperatingExpensesNetOfCorporateIncome
30632000 usd
CY2021Q2 avb Indirect Operating Expenses Net Of Corporate Income
IndirectOperatingExpensesNetOfCorporateIncome
24318000 usd
avb Indirect Operating Expenses Net Of Corporate Income
IndirectOperatingExpensesNetOfCorporateIncome
58745000 usd
avb Indirect Operating Expenses Net Of Corporate Income
IndirectOperatingExpensesNetOfCorporateIncome
48788000 usd
CY2022Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-2364000 usd
CY2021Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1653000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-3351000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1483000 usd
CY2022Q2 us-gaap Interest Expense
InterestExpense
58797000 usd
CY2021Q2 us-gaap Interest Expense
InterestExpense
56104000 usd
us-gaap Interest Expense
InterestExpense
115323000 usd
us-gaap Interest Expense
InterestExpense
108717000 usd
CY2022Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
CY2021Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
122000 usd
CY2022Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
21291000 usd
CY2021Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
18465000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
38712000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
35817000 usd
CY2022Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2480000 usd
CY2021Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
26559000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2797000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
26092000 usd
CY2022Q2 us-gaap Depreciation
Depreciation
199302000 usd
CY2021Q2 us-gaap Depreciation
Depreciation
184472000 usd
us-gaap Depreciation
Depreciation
401088000 usd
us-gaap Depreciation
Depreciation
367769000 usd
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-159000 usd
CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
10000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2312000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-745000 usd
CY2022Q2 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 usd
CY2021Q2 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
1177000 usd
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 usd
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
1177000 usd
CY2022Q2 avb Gain On Sale Of Real Estate Assets In Continuing Operations
GainOnSaleOfRealEstateAssetsInContinuingOperations
404000 usd
CY2021Q2 avb Gain On Sale Of Real Estate Assets In Continuing Operations
GainOnSaleOfRealEstateAssetsInContinuingOperations
334569000 usd
avb Gain On Sale Of Real Estate Assets In Continuing Operations
GainOnSaleOfRealEstateAssetsInContinuingOperations
149204000 usd
avb Gain On Sale Of Real Estate Assets In Continuing Operations
GainOnSaleOfRealEstateAssetsInContinuingOperations
388296000 usd
CY2022Q2 us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
43000 usd
CY2021Q2 us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
32000 usd
us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
80000 usd
us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
459000 usd
CY2022Q2 avb Gain Losson Saleof Other Investments Net Of Marketing And Administrative Costs
GainLossonSaleofOtherInvestmentsNetOfMarketingAndAdministrativeCosts
-71000 usd
CY2021Q2 avb Gain Losson Saleof Other Investments Net Of Marketing And Administrative Costs
GainLossonSaleofOtherInvestmentsNetOfMarketingAndAdministrativeCosts
-647000 usd
avb Gain Losson Saleof Other Investments Net Of Marketing And Administrative Costs
GainLossonSaleofOtherInvestmentsNetOfMarketingAndAdministrativeCosts
165000 usd
avb Gain Losson Saleof Other Investments Net Of Marketing And Administrative Costs
GainLossonSaleofOtherInvestmentsNetOfMarketingAndAdministrativeCosts
-1560000 usd
CY2022Q2 avb Disposal Group Not Discontinued Operation Net Operating Income From Assets Held For Sale Not Classified As Discontinued Operations
DisposalGroupNotDiscontinuedOperationNetOperatingIncomeFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
3650000 usd
CY2021Q2 avb Disposal Group Not Discontinued Operation Net Operating Income From Assets Held For Sale Not Classified As Discontinued Operations
DisposalGroupNotDiscontinuedOperationNetOperatingIncomeFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
13893000 usd
avb Disposal Group Not Discontinued Operation Net Operating Income From Assets Held For Sale Not Classified As Discontinued Operations
DisposalGroupNotDiscontinuedOperationNetOperatingIncomeFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
8916000 usd
avb Disposal Group Not Discontinued Operation Net Operating Income From Assets Held For Sale Not Classified As Discontinued Operations
DisposalGroupNotDiscontinuedOperationNetOperatingIncomeFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
28472000 usd
CY2022Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
444287000 usd
CY2021Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
359770000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
859011000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
711336000 usd
CY2022Q2 avb Revenue From Assets Heldfor Sale Not Classified As Discontinued Operations
RevenueFromAssetsHeldforSaleNotClassifiedAsDiscontinuedOperations
5699000 usd
CY2021Q2 avb Revenue From Assets Heldfor Sale Not Classified As Discontinued Operations
RevenueFromAssetsHeldforSaleNotClassifiedAsDiscontinuedOperations
22887000 usd
avb Revenue From Assets Heldfor Sale Not Classified As Discontinued Operations
RevenueFromAssetsHeldforSaleNotClassifiedAsDiscontinuedOperations
14510000 usd
avb Revenue From Assets Heldfor Sale Not Classified As Discontinued Operations
RevenueFromAssetsHeldforSaleNotClassifiedAsDiscontinuedOperations
47165000 usd
CY2022Q2 avb Operating Expenses From Assets Held For Sale Not Classified As Discontinued Operations
OperatingExpensesFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
2049000 usd
CY2021Q2 avb Operating Expenses From Assets Held For Sale Not Classified As Discontinued Operations
OperatingExpensesFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
8994000 usd
avb Operating Expenses From Assets Held For Sale Not Classified As Discontinued Operations
OperatingExpensesFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
5594000 usd
avb Operating Expenses From Assets Held For Sale Not Classified As Discontinued Operations
OperatingExpensesFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
18693000 usd
CY2022Q2 avb Disposal Group Not Discontinued Operation Net Operating Income From Assets Held For Sale Not Classified As Discontinued Operations
DisposalGroupNotDiscontinuedOperationNetOperatingIncomeFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
3650000 usd
CY2021Q2 avb Disposal Group Not Discontinued Operation Net Operating Income From Assets Held For Sale Not Classified As Discontinued Operations
DisposalGroupNotDiscontinuedOperationNetOperatingIncomeFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
13893000 usd
avb Disposal Group Not Discontinued Operation Net Operating Income From Assets Held For Sale Not Classified As Discontinued Operations
DisposalGroupNotDiscontinuedOperationNetOperatingIncomeFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
8916000 usd
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
808000 usd
avb Disposal Group Not Discontinued Operation Net Operating Income From Assets Held For Sale Not Classified As Discontinued Operations
DisposalGroupNotDiscontinuedOperationNetOperatingIncomeFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
28472000 usd
CY2022Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
444287000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
859011000 usd
CY2022Q2 avb Real Estate Gross At Carrying Value Excluding Gross Real Estate Assets Held For Sale
RealEstateGrossAtCarryingValueExcludingGrossRealEstateAssetsHeldForSale
25234333000 usd
CY2021Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
359770000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
711336000 usd
CY2021Q2 avb Real Estate Gross At Carrying Value Excluding Gross Real Estate Assets Held For Sale
RealEstateGrossAtCarryingValueExcludingGrossRealEstateAssetsHeldForSale
23652841000 usd
CY2022Q2 avb Real Estate Held For Sale Gross
RealEstateHeldForSaleGross
152391000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1656000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
17751000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
12897000 usd
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
5614000 usd
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
4599000 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
904000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1685000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-1013000 usd
CY2021Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-2366000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-2026000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-4733000 usd
CY2022Q2 us-gaap Weighted Average Number Of Limited Partnership And General Partnership Unit Outstanding Basic And Diluted
WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted
7500 shares

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