$AVB
AVALONBAY COMMUNITIES INC Stock $avb

$avb Overview Financials Valuation SEC Filings Company Website

2023 Q3 Form 10-Q Financial Statement

#000091591223000014 Filed on August 04, 2023

Income Statement

Concept	2023 Q3	2023 Q2
Revenue	$697.6M	$690.9M
YoY Change	4.86%	7.18%
Cost Of Revenue	$253.6M	$244.8M
YoY Change	5.37%	7.74%
Gross Profit	$444.0M	$446.0M
YoY Change	4.56%	6.88%
Gross Profit Margin	63.64%	64.56%
Selling, General & Admin	$20.50M	$17.68M
YoY Change	40.31%	-16.98%
% of Gross Profit	4.62%	3.96%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$201.0M	$200.5M
YoY Change	-2.75%	0.62%
% of Gross Profit	45.27%	44.96%
Operating Expenses	$221.5M	$218.2M
YoY Change	0.1%	-1.07%
Operating Profit	$472.4M	$471.0M
YoY Change	5.17%	6.02%
Interest Expense	$48.12M	$51.59M
YoY Change	-16.02%	-12.27%
% of Operating Profit	10.19%	10.95%
Other Income/Expense, Net	-$18.96M	-$1.261M
YoY Change	191.05%	-46.66%
Pretax Income	$176.2M	$367.6M
YoY Change	-64.79%	165.59%
Income Tax	$4.372M	-$217.0K
% Of Pretax Income	2.48%	-0.06%
Net Earnings	$171.8M	$367.8M
YoY Change	-65.27%	165.44%
Net Earnings / Revenue	24.62%	53.24%
Basic Earnings Per Share	$1.21	$2.59
Diluted Earnings Per Share	$1.21	$2.59
COMMON SHARES
Basic Shares Outstanding	142.0M shares	142.0M shares
Diluted Shares Outstanding	142.2M shares	142.1M shares

Balance Sheet

Concept	2023 Q3	2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$509.0M	$769.6M
YoY Change	153.24%	404.6%
Cash & Equivalents	$508.6M	$769.6M
Short-Term Investments
Other Short-Term Assets	$362.0M	$334.5M
YoY Change	31.99%	32.28%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$871.0M	$1.104B
YoY Change	83.26%	172.37%
LONG-TERM ASSETS
Property, Plant & Equipment	$19.28B	$19.20B
YoY Change	0.97%	1.33%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$217.0M	$216.5M
YoY Change	-0.12%	-2.65%
Other Assets	$336.0M	$248.8M
YoY Change	-1.45%	56.58%
Total Long-Term Assets	$19.83B	$19.70B
YoY Change	0.72%	1.75%
TOTAL ASSETS
Total Short-Term Assets	$871.0M	$1.104B
Total Long-Term Assets	$19.83B	$19.70B
Total Assets	$20.70B	$20.81B
YoY Change	2.67%	5.25%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$96.00M	$88.96M
YoY Change	32.26%	51.56%
Accrued Expenses	$559.0M	$515.2M
YoY Change	1.51%	7.63%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$956.0M	$906.4M
YoY Change	4.8%	9.82%
LONG-TERM LIABILITIES
Long-Term Debt	$7.967B	$8.083B
YoY Change	-0.88%	0.77%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$7.967B	$8.083B
YoY Change	-0.9%	0.75%
TOTAL LIABILITIES
Total Short-Term Liabilities	$956.0M	$906.4M
Total Long-Term Liabilities	$7.967B	$8.083B
Total Liabilities	$8.924B	$8.989B
YoY Change	-0.31%	1.6%
SHAREHOLDERS EQUITY
Retained Earnings	$471.0M	$534.3M
YoY Change	0.88%	173.95%
Common Stock	$1.420M	$1.420M
YoY Change	1.5%	1.5%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$11.78B	$11.82B
YoY Change
Total Liabilities & Shareholders Equity	$20.70B	$20.81B
YoY Change	2.67%	5.25%

Cashflow Statement

Concept	2023 Q3	2023 Q2
OPERATING ACTIVITIES
Net Income	$171.8M	$367.8M
YoY Change	-65.27%	165.44%
Depreciation, Depletion And Amortization	$201.0M	$200.5M
YoY Change	-2.75%	0.62%
Cash From Operating Activities	$471.2M	$346.5M
YoY Change	7.0%	16.9%
INVESTING ACTIVITIES
Capital Expenditures	$374.7M	$271.1M
YoY Change	-160.84%	-193.55%
Acquisitions
YoY Change
Other Investing Activities	$89.70M	$240.6M
YoY Change	-85.62%	922.61%
Cash From Investing Activities	-$285.0M	-$30.54M
YoY Change	-3654.06%	-88.53%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-353.2M	255.0M
YoY Change	59.48%	-212.2%
NET CHANGE
Cash From Operating Activities	471.2M	346.5M
Cash From Investing Activities	-285.0M	-30.54M
Cash From Financing Activities	-353.2M	255.0M
Net Change In Cash	-167.0M	570.9M
YoY Change	-173.59%	-389.49%
FREE CASH FLOW
Cash From Operating Activities	$471.2M	$346.5M
Capital Expenditures	$374.7M	$271.1M
Free Cash Flow	$96.50M	$75.31M
YoY Change	-90.86%	-87.15%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q2	us-gaap	Security Deposit SecurityDeposit	39027000	usd
CY2022Q4	us-gaap	Security Deposit SecurityDeposit	36815000	usd
CY2023Q2	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	216533000	usd
CY2022Q4	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	212084000	usd
CY2023Q2	us-gaap	Other Deferred Costs Net OtherDeferredCostsNet	71421000	usd
CY2022Q4	us-gaap	Other Deferred Costs Net OtherDeferredCostsNet	58489000	usd
CY2023Q2	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	334460000	usd
CY2022Q4	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	279993000	usd
CY2023Q2	avb	Lease Right Of Use Asset LeaseRightOfUseAsset	136180000	usd
CY2022Q4	avb	Lease Right Of Use Asset LeaseRightOfUseAsset	143331000	usd
CY2023Q2	us-gaap	Assets Assets	20806197000	usd
CY2022Q4	us-gaap	Assets Assets	20457764000	usd
CY2023Q2	us-gaap	Unsecured Debt UnsecuredDebt	7355693000	usd
CY2022Q4	us-gaap	Unsecured Debt UnsecuredDebt	7602305000	usd
CY2023Q2	avb	Long Term Line Of Credit And Commercial Paper LongTermLineOfCreditAndCommercialPaper	0	usd
CY2022Q4	avb	Long Term Line Of Credit And Commercial Paper LongTermLineOfCreditAndCommercialPaper	0	usd
CY2023Q2	us-gaap	Secured Debt SecuredDebt	707006000	usd
CY2022Q4	us-gaap	Secured Debt SecuredDebt	713740000	usd
CY2023Q2	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	237147000	usd
CY2022Q4	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	226022000	usd
CY2023Q2	us-gaap	Construction Payable Current And Noncurrent ConstructionPayableCurrentAndNoncurrent	88961000	usd
CY2022Q4	us-gaap	Construction Payable Current And Noncurrent ConstructionPayableCurrentAndNoncurrent	72802000	usd
CY2023Q2	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	319271000	usd
CY2022Q4	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	306186000	usd
CY2023Q2	avb	Lease Liability LeaseLiability	154957000	usd
CY2022Q4	avb	Lease Liability LeaseLiability	162671000	usd
CY2023Q2	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	61014000	usd
	us-gaap	Revenues Revenues	1365569000	usd
CY2022Q4	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	54100000	usd
CY2023Q2	us-gaap	Security Deposit Liability SecurityDepositLiability	65070000	usd
CY2022Q4	us-gaap	Security Deposit Liability SecurityDepositLiability	63700000	usd
CY2023Q2	us-gaap	Liabilities Liabilities	8989119000	usd
CY2022Q4	us-gaap	Liabilities Liabilities	9201526000	usd
CY2023Q2	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2022Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2023Q2	us-gaap	Redeemable Noncontrolling Interest Equity Common Carrying Amount RedeemableNoncontrollingInterestEquityCommonCarryingAmount	1513000	usd
CY2022Q4	us-gaap	Redeemable Noncontrolling Interest Equity Common Carrying Amount RedeemableNoncontrollingInterestEquityCommonCarryingAmount	2685000	usd
CY2023Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2022Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2022Q4	us-gaap	Preferred Stock Liquidation Preference PreferredStockLiquidationPreference	25
CY2023Q2	us-gaap	Preferred Stock Liquidation Preference PreferredStockLiquidationPreference	25
CY2022Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000	shares
CY2023Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000	shares
CY2022Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2022Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2023Q2	us-gaap	Preferred Stock Value PreferredStockValue	0	usd
CY2022Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	usd
CY2022Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2023Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2022Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	280000000	shares
CY2023Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	280000000	shares
CY2022Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	139916864	shares
CY2022Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	139916864	shares
CY2023Q2	us-gaap	Common Stock Value CommonStockValue	1420000	usd
CY2022Q4	us-gaap	Common Stock Value CommonStockValue	1400000	usd
CY2023Q2	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	11269159000	usd
CY2022Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	10765431000	usd
CY2023Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	534291000	usd
CY2022Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	485221000	usd
CY2023Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	10618000	usd
CY2022Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	1424000	usd
CY2023Q2	us-gaap	Stockholders Equity StockholdersEquity	11815488000	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	11253476000	usd
CY2023Q2	us-gaap	Minority Interest MinorityInterest	77000	usd
CY2022Q4	us-gaap	Minority Interest MinorityInterest	77000	usd
CY2023Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	11815565000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	11253553000	usd
CY2023Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	20806197000	usd
CY2022Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	20457764000	usd
	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	1361791000	usd
	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	1256830000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	3778000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	1656000	usd
	us-gaap	Revenues Revenues	1258486000	usd
	us-gaap	Cost Of Other Property Operating Expense CostOfOtherPropertyOperatingExpense	334680000	usd
	us-gaap	Cost Of Other Property Operating Expense CostOfOtherPropertyOperatingExpense	307701000	usd
	us-gaap	Real Estate Tax Expense RealEstateTaxExpense	149483000	usd
	us-gaap	Real Estate Tax Expense RealEstateTaxExpense	141603000	usd
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-4253000	usd
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-3351000	usd
	us-gaap	Interest Expense InterestExpense	108406000	usd
	us-gaap	Interest Expense InterestExpense	115323000	usd
	us-gaap	Profit Loss ProfitLoss	400642000	usd
	us-gaap	Depreciation Depreciation	401088000	usd
	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	5337000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	17681000	usd
	us-gaap	Income Loss From Equity Method Investments Net Of Dividends Or Distributions IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions	1000	usd
	avb	Casualty Gain And Impairment Loss Net Operating Activities CasualtyGainAndImpairmentLossNetOperatingActivities	0	usd
	us-gaap	Noncash Project Abandonment Costs NoncashProjectAbandonmentCosts	738000	usd
	us-gaap	Interest Rate Cash Flow Hedge Gain Loss Reclassified To Earnings Net InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet	-2026000	usd
	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	150753000	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	31336000	usd
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-5374000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	640048000	usd
	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	414107000	usd
	us-gaap	Payments To Acquire Other Real Estate PaymentsToAcquireOtherRealEstate	0	usd
	us-gaap	Payments To Acquire Other Real Estate PaymentsToAcquireOtherRealEstate	165117000	usd
	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	73746000	usd
	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	64356000	usd
	avb	Payments For Capital Improvements Non Real Estate PaymentsForCapitalImprovementsNonRealEstate	8106000	usd
	avb	Payments For Capital Improvements Non Real Estate PaymentsForCapitalImprovementsNonRealEstate	5665000	usd
	avb	Proceeds From Payments To Construction Payables ProceedsFromPaymentsToConstructionPayables	16159000	usd
	avb	Proceeds From Payments To Construction Payables ProceedsFromPaymentsToConstructionPayables	-5024000	usd
	us-gaap	Proceeds From Sale Of Real Estate Heldforinvestment ProceedsFromSaleOfRealEstateHeldforinvestment	252904000	usd
	us-gaap	Proceeds From Sale Of Real Estate Heldforinvestment ProceedsFromSaleOfRealEstateHeldforinvestment	305842000	usd
	us-gaap	Payments To Acquire Notes Receivable PaymentsToAcquireNotesReceivable	27108000	usd
	us-gaap	Payments To Acquire Notes Receivable PaymentsToAcquireNotesReceivable	6055000	usd
	us-gaap	Proceeds From Sale And Collection Of Notes Receivable ProceedsFromSaleAndCollectionOfNotesReceivable	230000	usd
	us-gaap	Proceeds From Sale And Collection Of Notes Receivable ProceedsFromSaleAndCollectionOfNotesReceivable	4021000	usd
	us-gaap	Proceeds From Sale Of Equity Method Investments ProceedsFromSaleOfEquityMethodInvestments	3859000	usd
	us-gaap	Proceeds From Sale Of Equity Method Investments ProceedsFromSaleOfEquityMethodInvestments	2000000	usd
	us-gaap	Payments To Acquire Businesses And Interest In Affiliates PaymentsToAcquireBusinessesAndInterestInAffiliates	8930000	usd
	us-gaap	Payments To Acquire Businesses And Interest In Affiliates PaymentsToAcquireBusinessesAndInterestInAffiliates	8047000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-297877000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-356508000	usd
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	494959000	usd
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	2010000	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	1911000	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	0	usd
	us-gaap	Payments Of Ordinary Dividends PaymentsOfOrdinaryDividends	454323000	usd
	us-gaap	Payments Of Ordinary Dividends PaymentsOfOrdinaryDividends	445226000	usd
	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	7401000	usd
	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	6427000	usd
	us-gaap	Repayments Of Unsecured Debt RepaymentsOfUnsecuredDebt	250000000	usd
	us-gaap	Repayments Of Unsecured Debt RepaymentsOfUnsecuredDebt	100000000	usd
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	662000	usd
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	421000	usd
	us-gaap	Payments For Repurchase Of Redeemable Noncontrolling Interest PaymentsForRepurchaseOfRedeemableNoncontrollingInterest	1355000	usd
	us-gaap	Payments For Repurchase Of Redeemable Noncontrolling Interest PaymentsForRepurchaseOfRedeemableNoncontrollingInterest	0	usd
	us-gaap	Proceeds From Payments To Minority Shareholders ProceedsFromPaymentsToMinorityShareholders	0	usd
	us-gaap	Proceeds From Payments To Minority Shareholders ProceedsFromPaymentsToMinorityShareholders	-29000	usd
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	10509000	usd
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	16379000	usd
	us-gaap	Payments Of Capital Distribution PaymentsOfCapitalDistribution	25000	usd
	us-gaap	Payments Of Capital Distribution PaymentsOfCapitalDistribution	24000	usd
	us-gaap	Payments Of Distributions To Affiliates PaymentsOfDistributionsToAffiliates	202000	usd
	us-gaap	Payments Of Distributions To Affiliates PaymentsOfDistributionsToAffiliates	181000	usd
	avb	Payment For Redemption Of Preferred Interest Obligation PaymentForRedemptionOfPreferredInterestObligation	520000	usd
	avb	Payment For Redemption Of Preferred Interest Obligation PaymentForRedemptionOfPreferredInterestObligation	460000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-231949000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-567137000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	212753000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-283597000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	734245000	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	543788000	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	946998000	usd
CY2022Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	260191000	usd
	us-gaap	Interest Paid Net InterestPaidNet	94241000	usd
	us-gaap	Interest Paid Net InterestPaidNet	106443000	usd
CY2023Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	769622000	usd
CY2022Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	152522000	usd
CY2023Q2	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	177376000	usd
CY2022Q2	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	107669000	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	946998000	usd
CY2022Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	260191000	usd
	us-gaap	Increase Decrease In Derivative Assets IncreaseDecreaseInDerivativeAssets	8486000	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	Increase Decrease In Derivative Assets IncreaseDecreaseInDerivativeAssets	17914000	usd
CY2023Q2	us-gaap	Number Of Real Estate Properties NumberOfRealEstateProperties	294	community
CY2023Q2	us-gaap	Number Of Units In Real Estate Property NumberOfUnitsInRealEstateProperty	88659	home
CY2023Q2	us-gaap	Number Of States In Which Entity Operates NumberOfStatesInWhichEntityOperates	12	state
CY2023Q2	avb	Number Of Owned Communities Under Construction NumberOfOwnedCommunitiesUnderConstruction	18	community
CY2023Q2	avb	Number Of Owned Communities Under Reconstruction NumberOfOwnedCommunitiesUnderReconstruction	1	community
CY2023Q2	avb	Additional Number Of Communities Expected To Be Developed AdditionalNumberOfCommunitiesExpectedToBeDeveloped	43	community
CY2023Q2	avb	Estimated Number Of Apartment Homes In Communities Expected To Be Developed EstimatedNumberOfApartmentHomesInCommunitiesExpectedToBeDeveloped	14993	home
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	141779951	shares
CY2022Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	139630291	shares
CY2023Q2	us-gaap	Weighted Average Number Of Limited Partnership And General Partnership Unit Outstanding Basic And Diluted WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted	6511	shares
CY2022Q2	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	7005	shares
	us-gaap	Weighted Average Number Of Limited Partnership And General Partnership Unit Outstanding Basic And Diluted WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted	7500	shares
CY2023Q2	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	337655	shares
CY2022Q2	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	296687	shares
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	293620	shares
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	352682	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	141073964	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	139955280	shares
CY2023Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	367923000	usd
CY2022Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	138691000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	514825000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	400735000	usd
CY2023Q2	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	645000	usd
CY2022Q2	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	247000	usd
	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	919000	usd
	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	756000	usd
CY2023Q2	us-gaap	Undistributed Earnings UndistributedEarnings	367278000	usd
CY2022Q2	us-gaap	Undistributed Earnings UndistributedEarnings	138444000	usd
	us-gaap	Undistributed Earnings UndistributedEarnings	513906000	usd
	us-gaap	Undistributed Earnings UndistributedEarnings	399979000	usd
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	141779951	shares
CY2022Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	139630291	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	140773339	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	139595098	shares
CY2023Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.59
CY2022Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.99
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	3.65
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.87
CY2023Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	367923000	usd
CY2022Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	138691000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	514825000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	400735000	usd
CY2023Q2	us-gaap	Net Income Loss Attributable To Redeemable Noncontrolling Interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest	-13000	usd
CY2022Q2	us-gaap	Net Income Loss Attributable To Redeemable Noncontrolling Interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest	-12000	usd
	us-gaap	Net Income Loss Attributable To Redeemable Noncontrolling Interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest	-25000	usd
	us-gaap	Net Income Loss Attributable To Redeemable Noncontrolling Interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest	-24000	usd
CY2023Q2	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	367936000	usd
CY2022Q2	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	138703000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	514850000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	400759000	usd
CY2023Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	142124117	shares
CY2022Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	139934478	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	141073964	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	139955280	shares
CY2023Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.59
CY2022Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.99
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	3.65
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.86
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	303784	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	8222	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	<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%">Reclassifications</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%">Certain reclassifications have been made to amounts in prior years' financial statements and notes to the financial statements to conform to current year presentations as a result of changes in held for sale classification, disposition activity, segment classification and classification of for-sale condominium inventory and activity.</span></div>
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	3343000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	2312000	usd
	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 ongoing basis by (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><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 Company recorded an aggregate offset to income for uncollectible lease revenue, net of amounts received from government rent relief programs, for its residential and commercial portfolios of $13,333,000 and $7,061,000 for the three months ended June 30, 2023 and 2022, respectively, and $30,304,000 and $20,660,000 for the six months ended June 30, 2023 and 2022, respectively, under ASC 842 and ASC 450.</span></div>
CY2023Q2	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	13333000	usd
CY2022Q2	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	7061000	usd
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	30304000	usd
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	20660000	usd
CY2023Q2	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	11606000	usd
CY2022Q2	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	8193000	usd
	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	22624000	usd
	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	15293000	usd
CY2023Q2	us-gaap	Line Of Credit LineOfCredit	0	usd
CY2022Q4	us-gaap	Line Of Credit LineOfCredit	0	usd
CY2023Q2	us-gaap	Commercial Paper CommercialPaper	0	usd
CY2022Q4	us-gaap	Commercial Paper CommercialPaper	0	usd
CY2023Q2	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	8120427000	usd
CY2023Q2	us-gaap	Debt Weighted Average Interest Rate DebtWeightedAverageInterestRate	0.035
CY2022Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	8377827000	usd
CY2022Q4	us-gaap	Debt Weighted Average Interest Rate DebtWeightedAverageInterestRate	0.034
CY2023Q2	us-gaap	Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet	57728000	usd
CY2022Q4	us-gaap	Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet	61782000	usd
CY2023Q2	us-gaap	Long Term Debt LongTermDebt	8062699000	usd
CY2022Q4	us-gaap	Long Term Debt LongTermDebt	8316045000	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 DividendsCommonStock	222373000	usd
CY2022Q1	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	-15763000	usd
CY2023Q2	us-gaap	Line Of Credit LineOfCredit	0	usd
CY2022Q4	us-gaap	Line Of Credit LineOfCredit	0	usd
CY2023Q2	us-gaap	Commercial Paper CommercialPaper	0	usd
CY2022Q4	us-gaap	Commercial Paper CommercialPaper	0	usd
CY2023Q2	avb	Commercial Paper Maximum Borrowing Capacity CommercialPaperMaximumBorrowingCapacity	500000000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	11253553000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	146902000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax	-340000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	-354000	usd
CY2023Q1	us-gaap	Minority Interest Change In Redemption Value MinorityInterestChangeInRedemptionValue	-286000	usd
CY2023Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	1.65
CY2023Q1	us-gaap	Dividends Common Stock DividendsCommonStock	230958000	usd
CY2023Q1	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	-9963000	usd
CY2023Q1	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	1129000	usd
CY2023Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	11123000	usd
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	11169256000	usd
CY2023Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	367923000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax	8826000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	-354000	usd
CY2023Q2	us-gaap	Minority Interest Change In Redemption Value MinorityInterestChangeInRedemptionValue	-367000	usd
CY2023Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	1.65
CY2023Q2	us-gaap	Dividends Common Stock DividendsCommonStock	234774000	usd
CY2023Q2	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	494705000	usd
CY2023Q2	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	782000	usd
CY2023Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	10424000	usd
CY2023Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	11815565000	usd
CY2022Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	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
CY2023Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	280000000	shares
CY2022Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	280000000	shares
CY2023Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000	shares
CY2022Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000	shares
	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	5773	shares
	us-gaap	Stock Issued During Period Shares Dividend Reinvestment Plan StockIssuedDuringPeriodSharesDividendReinvestmentPlan	1703	shares
	us-gaap	Forward Contract Indexed To Issuers Equity Shares ForwardContractIndexedToIssuersEquityShares	2000000	shares
	us-gaap	Stock Issued During Period Shares Employee Stock Purchase Plans StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans	12288	shares
	us-gaap	Shares Paid For Tax Withholding For Share Based Compensation SharesPaidForTaxWithholdingForShareBasedCompensation	62215	shares
	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	11800	shares
CY2023Q2	us-gaap	Forward Contract Indexed To Issuers Equity Shares ForwardContractIndexedToIssuersEquityShares	2000000	shares
CY2023Q2	avb	Forward Contract Indexed To Issuers Equity Net Proceeds ForwardContractIndexedToIssuersEquityNetProceeds	491912000	usd
CY2023Q2	us-gaap	Forward Contract Indexed To Equity Settlement Share Fair Value Per Share ForwardContractIndexedToEquitySettlementShareFairValuePerShare	245.96
CY2023Q2	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	4800	shares
	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	11800	shares
CY2023Q2	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	162.93
	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	161.96
CY2023Q2	us-gaap	Stock Repurchase Program Remaining Authorized Repurchase Amount1 StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1	314237000	usd
CY2023Q2	avb	Other Commitment Number Of Mezzanine Loans OtherCommitmentNumberOfMezzanineLoans	3	loan
CY2023Q2	us-gaap	Other Commitment OtherCommitment	92375000	usd
CY2023Q2	avb	Other Commitments Weighted Average Rate Of Return OtherCommitmentsWeightedAverageRateOfReturn	0.098
CY2023Q2	avb	Other Commitment Outstanding Funding OtherCommitmentOutstandingFunding	55869000	usd
CY2023Q2	avb	Other Commitment Number Of Mezzanine Loans OtherCommitmentNumberOfMezzanineLoans	3	loan
CY2023Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-1261000	usd
CY2022Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-2364000	usd
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-4253000	usd
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-3351000	usd
	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
CY2023Q2	us-gaap	Impairment Of Long Lived Assets Held For Use ImpairmentOfLongLivedAssetsHeldForUse	0	usd
CY2022Q2	us-gaap	Impairment Of Long Lived Assets Held For Use ImpairmentOfLongLivedAssetsHeldForUse	0	usd
	us-gaap	Impairment Of Investments ImpairmentOfInvestments	0	usd
CY2023Q2	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
CY2023Q2	avb	Number Of Communities Held For Sale NumberOfCommunitiesHeldForSale	1	community
CY2023Q2	avb	Number Of Residential Condominium Units Sold NumberOfResidentialCondominiumUnitsSold	3	residential_condominium
	avb	Number Of Residential Condominium Units Sold NumberOfResidentialCondominiumUnitsSold	4	residential_condominium
CY2022Q2	avb	Number Of Residential Condominium Units Sold NumberOfResidentialCondominiumUnitsSold	13	residential_condominium
	avb	Number Of Residential Condominium Units Sold NumberOfResidentialCondominiumUnitsSold	28	residential_condominium
CY2023Q2	us-gaap	Other Selling General And Administrative Expense OtherSellingGeneralAndAdministrativeExpense	97000	usd
CY2022Q2	us-gaap	Other Selling General And Administrative Expense OtherSellingGeneralAndAdministrativeExpense	538000	usd
	us-gaap	Other Selling General And Administrative Expense OtherSellingGeneralAndAdministrativeExpense	299000	usd
	us-gaap	Other Selling General And Administrative Expense OtherSellingGeneralAndAdministrativeExpense	1304000	usd
CY2023Q2	avb	Number Of Residential Condominiums Remaining To Be Sold NumberOfResidentialCondominiumsRemainingToBeSold	5	residential_condominium
CY2023Q2	us-gaap	Inventory Real Estate InventoryRealEstate	15336000	usd
CY2022Q4	us-gaap	Inventory Real Estate InventoryRealEstate	32532000	usd
CY2023Q2	avb	Number Of Office Leases NumberOfOfficeLeases	13	lease
CY2023Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	107765000	usd
CY2022Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	114977000	usd
CY2023Q2	us-gaap	Operating Lease Liability OperatingLeaseLiability	134916000	usd
CY2022Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	142602000	usd
CY2023Q2	us-gaap	Operating Lease Expense OperatingLeaseExpense	4081000	usd
CY2022Q2	us-gaap	Operating Lease Expense OperatingLeaseExpense	3964000	usd
	us-gaap	Operating Lease Expense OperatingLeaseExpense	8086000	usd
	us-gaap	Operating Lease Expense OperatingLeaseExpense	7670000	usd
CY2023Q2	us-gaap	Finance Lease Right Of Use Asset FinanceLeaseRightOfUseAsset	28415000	usd
CY2022Q4	us-gaap	Finance Lease Right Of Use Asset FinanceLeaseRightOfUseAsset	28354000	usd
CY2023Q2	us-gaap	Finance Lease Liability FinanceLeaseLiability	20041000	usd
CY2022Q4	us-gaap	Finance Lease Liability FinanceLeaseLiability	20069000	usd
CY2023Q2	us-gaap	Profit Loss ProfitLoss	367807000	usd
CY2022Q2	us-gaap	Profit Loss ProfitLoss	138566000	usd
CY2023Q2	avb	Indirect Operating Expenses Net Of Corporate Income IndirectOperatingExpensesNetOfCorporateIncome	28972000	usd
CY2022Q2	avb	Indirect Operating Expenses Net Of Corporate Income IndirectOperatingExpensesNetOfCorporateIncome	30632000	usd
CY2023Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-1261000	usd
CY2022Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-2364000	usd
CY2023Q2	us-gaap	Interest Expense InterestExpense	51585000	usd
CY2022Q2	us-gaap	Interest Expense InterestExpense	58797000	usd
CY2023Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	17676000	usd
CY2022Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	21291000	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	38076000	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	38712000	usd
CY2023Q2	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	4970000	usd
CY2022Q2	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	2480000	usd
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	9815000	usd
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	2797000	usd
CY2023Q2	us-gaap	Depreciation Depreciation	200546000	usd
CY2022Q2	us-gaap	Depreciation Depreciation	199302000	usd
	us-gaap	Depreciation Depreciation	405289000	usd
	us-gaap	Depreciation Depreciation	401088000	usd
CY2023Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-217000	usd
CY2022Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-159000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	3343000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	2312000	usd
CY2023Q2	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	0	usd
CY2022Q2	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	0	usd
	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	5051000	usd
	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	0	usd
CY2023Q2	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	187322000	usd
CY2022Q2	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	404000	usd
	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	187309000	usd
	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	149204000	usd
CY2023Q2	us-gaap	Gain Loss On Sale Of Other Assets GainLossOnSaleOfOtherAssets	341000	usd
CY2022Q2	us-gaap	Gain Loss On Sale Of Other Assets GainLossOnSaleOfOtherAssets	-28000	usd
	us-gaap	Gain Loss On Sale Of Other Assets GainLossOnSaleOfOtherAssets	470000	usd
	us-gaap	Gain Loss On Sale Of Other Assets GainLossOnSaleOfOtherAssets	245000	usd
CY2023Q2	avb	Disposal Group Not Discontinued Operation Net Operating Income From Assets Held For Sale Not Classified As Discontinued Operations DisposalGroupNotDiscontinuedOperationNetOperatingIncomeFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations	3977000	usd
CY2022Q2	avb	Disposal Group Not Discontinued Operation Net Operating Income From Assets Held For Sale Not Classified As Discontinued Operations DisposalGroupNotDiscontinuedOperationNetOperatingIncomeFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations	12252000	usd
	avb	Disposal Group Not Discontinued Operation Net Operating Income From Assets Held For Sale Not Classified As Discontinued Operations DisposalGroupNotDiscontinuedOperationNetOperatingIncomeFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations	8781000	usd
	avb	Disposal Group Not Discontinued Operation Net Operating Income From Assets Held For Sale Not Classified As Discontinued Operations DisposalGroupNotDiscontinuedOperationNetOperatingIncomeFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations	25521000	usd
CY2023Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	471020000	usd
CY2022Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	435685000	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	932381000	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	842406000	usd
CY2023Q2	avb	Revenue From Assets Held For Sale Not Classified As Discontinued Operations RevenueFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations	5989000	usd
CY2022Q2	avb	Revenue From Assets Held For Sale Not Classified As Discontinued Operations RevenueFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations	18203000	usd
	avb	Revenue From Assets Held For Sale Not Classified As Discontinued Operations RevenueFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations	12649000	usd
	avb	Revenue From Assets Held For Sale Not Classified As Discontinued Operations RevenueFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations	39023000	usd
CY2023Q2	avb	Operating Expenses From Assets Held For Sale Not Classified As Discontinued Operations OperatingExpensesFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations	2012000	usd
CY2022Q2	avb	Operating Expenses From Assets Held For Sale Not Classified As Discontinued Operations OperatingExpensesFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations	5951000	usd
	avb	Operating Expenses From Assets Held For Sale Not Classified As Discontinued Operations OperatingExpensesFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations	3868000	usd
	avb	Operating Expenses From Assets Held For Sale Not Classified As Discontinued Operations OperatingExpensesFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations	13502000	usd
CY2023Q2	avb	Disposal Group Not Discontinued Operation Net Operating Income From Assets Held For Sale Not Classified As Discontinued Operations DisposalGroupNotDiscontinuedOperationNetOperatingIncomeFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations	3977000	usd
CY2022Q2	avb	Disposal Group Not Discontinued Operation Net Operating Income From Assets Held For Sale Not Classified As Discontinued Operations DisposalGroupNotDiscontinuedOperationNetOperatingIncomeFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations	12252000	usd
	avb	Disposal Group Not Discontinued Operation Net Operating Income From Assets Held For Sale Not Classified As Discontinued Operations DisposalGroupNotDiscontinuedOperationNetOperatingIncomeFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations	8781000	usd
	avb	Disposal Group Not Discontinued Operation Net Operating Income From Assets Held For Sale Not Classified As Discontinued Operations DisposalGroupNotDiscontinuedOperationNetOperatingIncomeFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations	25521000	usd
CY2023Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	471020000	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	932381000	usd
CY2023Q2	avb	Real Estate Gross At Carrying Value Excluding Gross Real Estate Assets Held For Sale RealEstateGrossAtCarryingValueExcludingGrossRealEstateAssetsHeldForSale	26173584000	usd
CY2022Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	435685000	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	842406000	usd
CY2022Q2	avb	Real Estate Gross At Carrying Value Excluding Gross Real Estate Assets Held For Sale RealEstateGrossAtCarryingValueExcludingGrossRealEstateAssetsHeldForSale	24698038000	usd
CY2023Q2	avb	Real Estate Held For Sale Gross RealEstateHeldForSaleGross	106098000	usd
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	15192000	usd
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	17751000	usd
	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	6483000	usd
	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	5614000	usd
CY2023Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	2712000	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	3778000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	-354000	usd
CY2022Q2	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	-1013000	usd
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	-708000	usd
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	-2026000	usd
CY2023Q2	us-gaap	Partners Capital Account Units Redeemed PartnersCapitalAccountUnitsRedeemed	7500	shares
	us-gaap	Partners Capital Account Units Redeemed PartnersCapitalAccountUnitsRedeemed	7500	shares
CY2023Q2	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2023Q2	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2023Q2	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2023Q2	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false

Files In Submission

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report.css	Edgar Link	pending
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avb-20230630_cal.xml	Edgar Link	unprocessable

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$AVB
AVALONBAY COMMUNITIES INC Stock $avb

2023 Q3 Form 10-Q Financial Statement

#000091591223000014 Filed on August 04, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$AVB AVALONBAY COMMUNITIES INC Stock $avb

2023 Q3 Form 10-Q Financial Statement

#000091591223000014 Filed on August 04, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$AVB
AVALONBAY COMMUNITIES INC Stock $avb