2024 Q1 Form 10-K Financial Statement

#000091591224000004 Filed on February 23, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $712.9M $704.7M $2.768B
YoY Change 5.65% 5.23% 6.73%
Cost Of Revenue $255.7M $250.4M $988.1M
YoY Change 6.84% 9.27% 7.51%
Gross Profit $457.2M $454.3M $1.780B
YoY Change 5.0% 3.13% 6.3%
Gross Profit Margin 64.13% 64.47% 64.3%
Selling, General & Admin $20.33M $17.99M $76.53M
YoY Change -0.34% -13.25% 3.33%
% of Gross Profit 4.45% 3.96% 4.3%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $212.3M $210.7M $817.0M
YoY Change 3.68% 1.66% 0.24%
% of Gross Profit 46.43% 46.37% 45.9%
Operating Expenses $232.6M $228.7M $893.5M
YoY Change 3.31% 0.31% 0.5%
Operating Profit $491.9M $225.6M $1.887B
YoY Change 5.78% 6.15% 6.85%
Interest Expense $54.77M -$47.76M $206.0M
YoY Change -3.62% -5.69% -10.47%
% of Operating Profit 11.13% -21.17% 10.92%
Other Income/Expense, Net -$4.245M -$33.48M
YoY Change 41.88% 102.11%
Pretax Income $173.5M $244.5M $938.6M
YoY Change 15.43% -1.35% -18.46%
Income Tax -$22.00K $2.438M $10.15M
% Of Pretax Income -0.01% 1.0% 1.08%
Net Earnings $173.6M $241.5M $928.4M
YoY Change 18.25% 0.28% -18.3%
Net Earnings / Revenue 24.35% 34.27% 33.54%
Basic Earnings Per Share $1.22 $6.56
Diluted Earnings Per Share $1.22 $1.70 $6.56
COMMON SHARES
Basic Shares Outstanding 142.0M shares 142.0M shares 141.3M shares
Diluted Shares Outstanding 142.2M shares 141.6M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $287.9M $397.9M $397.9M
YoY Change 13.14% -35.11% -35.11%
Cash & Equivalents $287.9M $397.9M $397.9M
Short-Term Investments
Other Short-Term Assets $437.7M $366.5M $366.5M
YoY Change 47.36% 48.09% 48.09%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $725.6M $764.4M $764.4M
YoY Change 31.57% -11.19% -11.19%
LONG-TERM ASSETS
Property, Plant & Equipment $19.51B $19.51B $19.51B
YoY Change 1.69% 1.77% 1.77%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $220.4M $220.1M $220.1M
YoY Change 0.57% 3.8% 3.8%
Other Assets $189.7M $186.2M $186.2M
YoY Change 2.02% 3.7% 3.7%
Total Long-Term Assets $19.92B $19.91B $19.91B
YoY Change 1.49% 1.62% 1.62%
TOTAL ASSETS
Total Short-Term Assets $725.6M $764.4M $764.4M
Total Long-Term Assets $19.92B $19.91B $19.91B
Total Assets $20.64B $20.68B $20.68B
YoY Change 2.31% 1.08% 1.08%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $87.17M $87.70M $87.70M
YoY Change 2.58% 20.47% 20.47%
Accrued Expenses $526.7M $502.0M $502.0M
YoY Change -1.27% -0.18% -0.18%
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 $921.9M $891.6M $891.6M
YoY Change 0.65% 3.02% 3.02%
LONG-TERM LIABILITIES
Long-Term Debt $8.003B $8.002B $8.002B
YoY Change -1.03% -4.01% -4.01%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $8.003B $8.002B $8.002B
YoY Change -1.03% -4.01% -4.01%
TOTAL LIABILITIES
Total Short-Term Liabilities $921.9M $891.6M $891.6M
Total Long-Term Liabilities $8.003B $8.002B $8.002B
Total Liabilities $8.925B $8.893B $8.895B
YoY Change -0.86% -3.35% -3.36%
SHAREHOLDERS EQUITY
Retained Earnings $409.4M $478.2M
YoY Change 1.86% -1.46%
Common Stock $1.422M $1.420M
YoY Change 1.5% 1.43%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $11.71B $11.78B $11.78B
YoY Change
Total Liabilities & Shareholders Equity $20.64B $20.68B $20.68B
YoY Change 2.31% 1.08% 1.08%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $173.6M $241.5M $928.4M
YoY Change 18.25% 0.28% -18.3%
Depreciation, Depletion And Amortization $212.3M $210.7M $817.0M
YoY Change 3.68% 1.66% 0.24%
Cash From Operating Activities $412.9M $346.2M $1.560B
YoY Change 4.24% 1.39% 9.71%
INVESTING ACTIVITIES
Capital Expenditures $246.3M $405.3M $1.315B
YoY Change -6.66% 10.25% -19.46%
Acquisitions
YoY Change
Other Investing Activities -$19.56M $59.25M $386.1M
YoY Change 459.5% -61.94% -64.0%
Cash From Investing Activities -$265.8M -$346.1M -$929.0M
YoY Change -0.57% 63.29% 65.76%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net -$494.8M
YoY Change 2371.5%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$254.5M -249.3M -$834.4M
YoY Change -47.74% -312.03% 24.34%
NET CHANGE
Cash From Operating Activities $412.9M 346.2M $1.560B
Cash From Investing Activities -$265.8M -346.1M -$929.0M
Cash From Financing Activities -$254.5M -249.3M -$834.4M
Net Change In Cash -$107.4M -249.1M -$203.3M
YoY Change -70.01% -200.8% -206.74%
FREE CASH FLOW
Cash From Operating Activities $412.9M $346.2M $1.560B
Capital Expenditures $246.3M $405.3M $1.315B
Free Cash Flow $166.6M -$59.08M $245.0M
YoY Change 25.99% 125.99% -216.23%

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816965000 usd
CY2022 us-gaap Depreciation
Depreciation
814978000 usd
CY2021 us-gaap Depreciation
Depreciation
758596000 usd
CY2023 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
76534000 usd
CY2022 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
74064000 usd
CY2021 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
69611000 usd
CY2023 us-gaap Impairment Of Real Estate
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9118000 usd
CY2022 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 usd
CY2021 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
3119000 usd
CY2021 us-gaap Costs And Expenses
CostsAndExpenses
1926701000 usd
CY2023 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
943517000 usd
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
6.56
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
8.13
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
6.56
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
8.12
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
7.19
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
10752174000 usd
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
993000 usd
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-13151000 usd
CY2021 us-gaap Minority Interest Period Increase Decrease
MinorityInterestPeriodIncreaseDecrease
-1047000 usd
CY2021 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
6.36
CY2021 us-gaap Dividends Common Stock
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889405000 usd
CY2021 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
18977000 usd
CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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33951000 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
10933093000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1136775000 usd
CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
23647000 usd
CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-3883000 usd
CY2022 us-gaap Minority Interest Period Increase Decrease
MinorityInterestPeriodIncreaseDecrease
-594000 usd
CY2022 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
6.36
CY2022 us-gaap Dividends Common Stock
DividendsCommonStock
890809000 usd
CY2022 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
3118000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
11253553000 usd
CY2023 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
928825000 usd
CY2023 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-1360000 usd
CY2023 us-gaap Dividends Common Stock
DividendsCommonStock
935305000 usd
CY2023 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
486684000 usd
CY2023 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
1911000 usd
CY2023 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
37997000 usd
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
11783318000 usd
CY2023 us-gaap Profit Loss
ProfitLoss
928438000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
1136438000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
1004356000 usd
CY2023 us-gaap Depreciation
Depreciation
816965000 usd
CY2022 us-gaap Depreciation
Depreciation
814978000 usd
CY2021 us-gaap Depreciation
Depreciation
758596000 usd
CY2023 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
12732000 usd
CY2022 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
11218000 usd
CY2021 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
10143000 usd
CY2023 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-150000 usd
CY2022 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-1646000 usd
CY2021 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-17787000 usd
CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
27142000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
33864000 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
25505000 usd
CY2023 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
-5332000 usd
CY2023 us-gaap Payments To Acquire Businesses And Interest In Affiliates
PaymentsToAcquireBusinessesAndInterestInAffiliates
18861000 usd
CY2022 us-gaap Payments To Acquire Businesses And Interest In Affiliates
PaymentsToAcquireBusinessesAndInterestInAffiliates
14269000 usd
CY2021 us-gaap Payments To Acquire Businesses And Interest In Affiliates
PaymentsToAcquireBusinessesAndInterestInAffiliates
53536000 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-928955000 usd
CY2022 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
-5255000 usd
CY2021 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
108000 usd
CY2023 avb Casualty Gain And Impairment Loss Net Operating Activities
CasualtyGainAndImpairmentLossNetOperatingActivities
4622000 usd
CY2022 avb Casualty Gain And Impairment Loss Net Operating Activities
CasualtyGainAndImpairmentLossNetOperatingActivities
0 usd
CY2021 avb Casualty Gain And Impairment Loss Net Operating Activities
CasualtyGainAndImpairmentLossNetOperatingActivities
1723000 usd
CY2023 us-gaap Noncash Project Abandonment Costs
NoncashProjectAbandonmentCosts
33479000 usd
CY2022 us-gaap Noncash Project Abandonment Costs
NoncashProjectAbandonmentCosts
5599000 usd
CY2021 us-gaap Noncash Project Abandonment Costs
NoncashProjectAbandonmentCosts
685000 usd
CY2023 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
0 usd
CY2022 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
0 usd
CY2021 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
2654000 usd
CY2023 us-gaap Interest Rate Cash Flow Hedge Gain Loss Reclassified To Earnings Net
InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet
-1360000 usd
CY2022 us-gaap Interest Rate Cash Flow Hedge Gain Loss Reclassified To Earnings Net
InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet
-3883000 usd
CY2021 us-gaap Interest Rate Cash Flow Hedge Gain Loss Reclassified To Earnings Net
InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet
-7887000 usd
CY2023 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
287987000 usd
CY2022 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
600958000 usd
CY2021 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
630747000 usd
CY2023 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-5777000 usd
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
7167000 usd
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-5505000 usd
CY2023 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
12019000 usd
CY2022 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
17176000 usd
CY2021 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
4492000 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1560029000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1421932000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1203170000 usd
CY2023 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
901847000 usd
CY2022 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
921203000 usd
CY2021 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
654861000 usd
CY2023 us-gaap Payments To Acquire Other Real Estate
PaymentsToAcquireOtherRealEstate
215889000 usd
CY2022 us-gaap Payments To Acquire Other Real Estate
PaymentsToAcquireOtherRealEstate
536838000 usd
CY2021 us-gaap Payments To Acquire Other Real Estate
PaymentsToAcquireOtherRealEstate
771692000 usd
CY2023 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
178312000 usd
CY2022 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
160313000 usd
CY2021 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
142688000 usd
CY2023 avb Payments For Capital Improvements Non Real Estate
PaymentsForCapitalImprovementsNonRealEstate
18962000 usd
CY2022 avb Payments For Capital Improvements Non Real Estate
PaymentsForCapitalImprovementsNonRealEstate
14392000 usd
CY2021 avb Payments For Capital Improvements Non Real Estate
PaymentsForCapitalImprovementsNonRealEstate
10547000 usd
CY2023 avb Proceeds From Payments To Construction Payables
ProceedsFromPaymentsToConstructionPayables
14901000 usd
CY2022 avb Proceeds From Payments To Construction Payables
ProceedsFromPaymentsToConstructionPayables
9080000 usd
CY2021 avb Proceeds From Payments To Construction Payables
ProceedsFromPaymentsToConstructionPayables
-29887000 usd
CY2023 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
467096000 usd
CY2022 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
1051383000 usd
CY2021 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
974762000 usd
CY2023 us-gaap Payments To Acquire Mortgage Notes Receivable
PaymentsToAcquireMortgageNotesReceivable
82802000 usd
CY2022 us-gaap Payments To Acquire Mortgage Notes Receivable
PaymentsToAcquireMortgageNotesReceivable
29352000 usd
CY2021 us-gaap Payments To Acquire Mortgage Notes Receivable
PaymentsToAcquireMortgageNotesReceivable
1210000 usd
CY2023 us-gaap Proceeds From Sale And Collection Of Notes Receivable
ProceedsFromSaleAndCollectionOfNotesReceivable
253000 usd
CY2022 us-gaap Proceeds From Sale And Collection Of Notes Receivable
ProceedsFromSaleAndCollectionOfNotesReceivable
4021000 usd
CY2021 us-gaap Proceeds From Sale And Collection Of Notes Receivable
ProceedsFromSaleAndCollectionOfNotesReceivable
2435000 usd
CY2023 us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
5468000 usd
CY2022 us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
51464000 usd
CY2021 us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
63171000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-560419000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-624053000 usd
CY2023 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
496706000 usd
CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
20020000 usd
CY2021 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
31874000 usd
CY2023 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1911000 usd
CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 usd
CY2021 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 usd
CY2023 us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
922657000 usd
CY2022 us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
889607000 usd
CY2021 us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
888344000 usd
CY2023 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
47000000 usd
CY2022 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
43332000 usd
CY2021 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
109562000 usd
CY2023 us-gaap Proceeds From Unsecured Notes Payable
ProceedsFromUnsecuredNotesPayable
399756000 usd
CY2022 us-gaap Proceeds From Unsecured Notes Payable
ProceedsFromUnsecuredNotesPayable
348565000 usd
CY2021 us-gaap Proceeds From Unsecured Notes Payable
ProceedsFromUnsecuredNotesPayable
1098643000 usd
CY2023 us-gaap Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
750000000 usd
CY2022 us-gaap Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
100000000 usd
CY2021 us-gaap Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
462147000 usd
CY2023 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
3964000 usd
CY2022 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
14301000 usd
CY2021 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
8864000 usd
CY2023 us-gaap Payments For Proceeds From Hedge Financing Activities
PaymentsForProceedsFromHedgeFinancingActivities
-8331000 usd
CY2022 us-gaap Payments For Proceeds From Hedge Financing Activities
PaymentsForProceedsFromHedgeFinancingActivities
-26869000 usd
CY2021 us-gaap Payments For Proceeds From Hedge Financing Activities
PaymentsForProceedsFromHedgeFinancingActivities
-4751000 usd
CY2023 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
10639000 usd
CY2022 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
16989000 usd
CY2023 avb Payments For Redemption Of Noncontrolling Interests Distribution To Joint Ventures And Preferred Equity Redemption And Dividends
PaymentsForRedemptionOfNoncontrollingInterestsDistributionToJointVenturesAndPreferredEquityRedemptionAndDividends
2981000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-348861000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
190457000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
230256000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
313532000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
530960000 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
CY2023 us-gaap Interest Paid Net
InterestPaidNet
187523000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
212241000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
203773000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
397890000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
613189000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
420251000 usd
CY2023Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
133070000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
121056000 usd
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
123537000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
530960000 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
CY2023 us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
3454 shares
CY2023 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
619000 usd
CY2023 us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
62937 shares
CY2023 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
10639000 usd
CY2023 us-gaap Stock Issued During Period Value Share Based Compensation Forfeited
StockIssuedDuringPeriodValueShareBasedCompensationForfeited
413000 usd
CY2023 us-gaap Increase Decrease In Derivative Assets
IncreaseDecreaseInDerivativeAssets
5001000 usd
CY2023 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-1360000 usd
CY2022 us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
2810 shares
CY2022 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
593000 usd
CY2022 us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
72783 shares
CY2022 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
16989000 usd
CY2022 us-gaap Stock Issued During Period Value Share Based Compensation Forfeited
StockIssuedDuringPeriodValueShareBasedCompensationForfeited
791000 usd
CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
-3883000 usd
CY2021 us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
2844 shares
CY2021 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
566000 usd
CY2021 us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
75780 shares
CY2021 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
13463000 usd
CY2021 us-gaap Stock Issued During Period Value Share Based Compensation Forfeited
StockIssuedDuringPeriodValueShareBasedCompensationForfeited
804000 usd
CY2021 us-gaap Increase Decrease In Derivative Assets
IncreaseDecreaseInDerivativeAssets
3204000 usd
CY2023Q4 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
299 community
CY2023Q4 us-gaap Number Of Units In Real Estate Property
NumberOfUnitsInRealEstateProperty
90669 home
CY2023Q4 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
12 state
CY2023Q4 avb Number Of Owned Communities Under Construction
NumberOfOwnedCommunitiesUnderConstruction
18 community
CY2023Q4 avb Additional Numberof Communities Expected To Be Developed
AdditionalNumberofCommunitiesExpectedToBeDeveloped
30 community
CY2023Q4 avb Estimated Number Of Apartment Homes In Communities Expected To Be Developed
EstimatedNumberOfApartmentHomesInCommunitiesExpectedToBeDeveloped
10801 home
CY2023 avb Minimum Percentage Of Distribution Of Adjusted Taxable Income For Deducting Dividends From Federally Taxable Income
MinimumPercentageOfDistributionOfAdjustedTaxableIncomeForDeductingDividendsFromFederallyTaxableIncome
0.90
CY2023 avb Minimum Percentage Of Distribution Of Reit Taxable Income For Federal Income Tax Exemption
MinimumPercentageOfDistributionOfREITTaxableIncomeForFederalIncomeTaxExemption
1
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
10153000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
14646000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5733000 usd
CY2023Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 usd
CY2023 avb Common Stock Dividends Ordinary Taxable Distribution Percentage
CommonStockDividendsOrdinaryTaxableDistributionPercentage
0.83
CY2022 avb Common Stock Dividends Ordinary Taxable Distribution Percentage
CommonStockDividendsOrdinaryTaxableDistributionPercentage
0.82
CY2021 avb Common Stock Dividends Ordinary Taxable Distribution Percentage
CommonStockDividendsOrdinaryTaxableDistributionPercentage
0.55
CY2023 avb Capital Gain Tax Rate
CapitalGainTaxRate
0.20
CY2021 avb Capital Gain Tax Rate
CapitalGainTaxRate
0.20
CY2022 avb Capital Gain Tax Rate
CapitalGainTaxRate
0.20
CY2023 avb Common Stock Dividends Long Term Capital Gain Percentage
CommonStockDividendsLongTermCapitalGainPercentage
0.11
CY2022 avb Common Stock Dividends Long Term Capital Gain Percentage
CommonStockDividendsLongTermCapitalGainPercentage
0.15
CY2021 avb Common Stock Dividends Long Term Capital Gain Percentage
CommonStockDividendsLongTermCapitalGainPercentage
0.26
CY2023 avb Common Stock Dividends Unrecaptured Section1250 Gain Percentage
CommonStockDividendsUnrecapturedSection1250GainPercentage
0.06
CY2022 avb Common Stock Dividends Unrecaptured Section1250 Gain Percentage
CommonStockDividendsUnrecapturedSection1250GainPercentage
0.03
CY2021 avb Common Stock Dividends Unrecaptured Section1250 Gain Percentage
CommonStockDividendsUnrecapturedSection1250GainPercentage
0.19
CY2023 avb Common Stock Dividends Percentage
CommonStockDividendsPercentage
1
CY2022 avb Common Stock Dividends Percentage
CommonStockDividendsPercentage
1
CY2021 avb Common Stock Dividends Percentage
CommonStockDividendsPercentage
1
CY2023 us-gaap Derivatives Methods Of Accounting Hedging Derivatives
DerivativesMethodsOfAccountingHedgingDerivatives
<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%">Interest Rate Contracts</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 utilizes derivative financial instruments to manage interest rate risk. See Note 11, “Fair Value,” for further discussion of derivative financial instruments.</span></div>
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
141307186 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
139634294 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
139389433 shares
CY2023 us-gaap Weighted Average Number Of Limited Partnership And General Partnership Unit Outstanding Basic And Diluted
WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted
3503 shares
CY2022 us-gaap Weighted Average Number Of Limited Partnership And General Partnership Unit Outstanding Basic And Diluted
WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted
7500 shares
CY2021 us-gaap Weighted Average Number Of Limited Partnership And General Partnership Unit Outstanding Basic And Diluted
WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted
7500 shares
CY2023 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
333099 shares
CY2022 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
333293 shares
CY2021 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
320466 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
141643788 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
139975087 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
139717399 shares
CY2023 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
928825000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1136775000 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1004299000 usd
CY2023 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
1663000 usd
CY2022 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
2091000 usd
CY2021 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
2100000 usd
CY2023 us-gaap Undistributed Earnings
UndistributedEarnings
927162000 usd
CY2022 us-gaap Undistributed Earnings
UndistributedEarnings
1134684000 usd
CY2021 us-gaap Undistributed Earnings
UndistributedEarnings
1002199000 usd
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
141307186 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
139634294 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
139389433 shares
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
6.56
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
8.13
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
7.19
CY2023 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
928825000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1136775000 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1004299000 usd
CY2023 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
-25000 usd
CY2022 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
-48000 usd
CY2021 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
-48000 usd
CY2023 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
928850000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
1136823000 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
1004347000 usd
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
141643788 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
139975087 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
139717399 shares
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
6.56
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
8.12
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
7.19
CY2023 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
303784 shares
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
291881 shares
CY2023 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-33479000 usd
CY2022 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-16565000 usd
CY2021 avb Business Combination Acquisition Related Costs Abandoned Pursuit Costs
BusinessCombinationAcquisitionRelatedCostsAbandonedPursuitCosts
2192000 usd
CY2023 avb Business Combination Acquisition Related Costs Abandoned Pursuit Costs
BusinessCombinationAcquisitionRelatedCostsAbandonedPursuitCosts
27455000 usd
CY2023 avb Number Of Development Rights No Longer Probable
NumberOfDevelopmentRightsNoLongerProbable
7 developmentright
CY2022 avb Business Combination Acquisition Related Costs Abandoned Pursuit Costs
BusinessCombinationAcquisitionRelatedCostsAbandonedPursuitCosts
10073000 usd
CY2022 avb Number Of Development Rights No Longer Probable
NumberOfDevelopmentRightsNoLongerProbable
3 developmentright
CY2023 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 usd
CY2022 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 usd
CY2021 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 usd
CY2021 us-gaap Impairment Of Investments
ImpairmentOfInvestments
0 usd
CY2023 us-gaap Impairment Of Investments
ImpairmentOfInvestments
0 usd
CY2022 us-gaap Impairment Of Investments
ImpairmentOfInvestments
0 usd
CY2023Q4 avb Number Of Communities Held For Sale
NumberOfCommunitiesHeldForSale
0 community
CY2023 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 accounting principles generally accepted in the United States ("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>
CY2023 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>
CY2023 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 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 $57,906,000, $49,147,000 and $52,075,000 for the years ended December 31, 2023, 2022 and 2021, respectively, under ASC 842 and ASC 450.</span></div>
CY2023 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
57906000 usd
CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
49147000 usd
CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
52075000 usd
CY2023 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
47133000 usd
CY2022 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
34854000 usd
CY2021 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
32687000 usd
CY2023Q4 us-gaap Line Of Credit
LineOfCredit
0 usd
CY2022Q4 us-gaap Line Of Credit
LineOfCredit
0 usd
CY2023Q4 us-gaap Commercial Paper
CommercialPaper
0 usd
CY2022Q4 us-gaap Commercial Paper
CommercialPaper
0 usd
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
8044042000 usd
CY2023Q4 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
CY2023Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
62220000 usd
CY2022Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
61782000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
7981822000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
8316045000 usd
CY2023Q4 us-gaap Line Of Credit
LineOfCredit
0 usd
CY2022Q4 us-gaap Line Of Credit
LineOfCredit
0 usd
CY2023Q4 avb Commercial Paper Maximum Borrowing Capacity
CommercialPaperMaximumBorrowingCapacity
500000000 usd
CY2023 us-gaap Debt Instrument Redemption Price Percentage
DebtInstrumentRedemptionPricePercentage
1
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
280000000 shares
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
280000000 shares
CY2023Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2023 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
5773 shares
CY2023 us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
3454 shares
CY2023 us-gaap Forward Contract Indexed To Issuers Equity Shares
ForwardContractIndexedToIssuersEquityShares
2000000 shares
CY2023 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
23059 shares
CY2023 us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
62937 shares
CY2023 us-gaap Stock Issued During Period Shares Share Based Compensation Forfeited
StockIssuedDuringPeriodSharesShareBasedCompensationForfeited
2119 shares
CY2023 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
11800 shares
CY2023 us-gaap Forward Contract Indexed To Issuers Equity Shares
ForwardContractIndexedToIssuersEquityShares
2000000 shares
CY2023 avb Forward Contract Indexed To Issuers Equity Net Proceeds
ForwardContractIndexedToIssuersEquityNetProceeds
491912000 usd
CY2023Q4 us-gaap Forward Contract Indexed To Equity Settlement Share Fair Value Per Share
ForwardContractIndexedToEquitySettlementShareFairValuePerShare
245.96
CY2023 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
11800 shares
CY2023 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
161.96
CY2022 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
0 shares
CY2021 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
0 shares
CY2023Q4 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
314237000 usd
CY2023 avb Other Commitments Number Of New Sip Commitments
OtherCommitmentsNumberOfNewSIPCommitments
4 commitment
CY2023 avb Other Commitment New
OtherCommitmentNew
99210000 usd
CY2023Q4 avb Other Commitments Number Of Sip Commitments
OtherCommitmentsNumberOfSIPCommitments
7 commitment
CY2023Q4 us-gaap Other Commitment
OtherCommitment
191585000 usd
CY2023Q4 avb Other Commitments Weighted Average Rate Of Return
OtherCommitmentsWeightedAverageRateOfReturn
0.115
CY2023Q4 avb Other Commitment Outstanding Funding
OtherCommitmentOutstandingFunding
96461000 usd
CY2023Q4 avb Other Commitments Number Of Sip Commitments
OtherCommitmentsNumberOfSIPCommitments
7 commitment
CY2023 avb Payment For Redemption Of Preferred Interest Obligation
PaymentForRedemptionOfPreferredInterestObligation
940000 usd
CY2022 avb Payment For Redemption Of Preferred Interest Obligation
PaymentForRedemptionOfPreferredInterestObligation
860000 usd
CY2021 avb Payment For Redemption Of Preferred Interest Obligation
PaymentForRedemptionOfPreferredInterestObligation
1340000 usd
CY2023 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
287424000 usd
CY2023Q4 avb Number Of Communities Held For Sale
NumberOfCommunitiesHeldForSale
0 community
CY2023 avb Numberof Residential Condominium Units Sold
NumberofResidentialCondominiumUnitsSold
6 residential_condominium
CY2022 avb Numberof Residential Condominium Units Sold
NumberofResidentialCondominiumUnitsSold
40 residential_condominium
CY2021 avb Numberof Residential Condominium Units Sold
NumberofResidentialCondominiumUnitsSold
53 residential_condominium
CY2023 us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
389000 usd
CY2022 us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
2129000 usd
CY2021 us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
4087000 usd
CY2023Q4 avb Number Of Residential Condominiums Remaining To Be Sold
NumberOfResidentialCondominiumsRemainingToBeSold
2 residential_condominium
CY2023Q4 us-gaap Inventory Real Estate
InventoryRealEstate
6603000 usd
CY2022Q4 us-gaap Inventory Real Estate
InventoryRealEstate
32532000 usd
CY2023Q4 avb Loss Contingency Number Of Other Defendants
LossContingencyNumberOfOtherDefendants
14 defendant
CY2021 us-gaap Proceeds From Legal Settlements
ProceedsFromLegalSettlements
0 usd
CY2023 us-gaap Proceeds From Legal Settlements
ProceedsFromLegalSettlements
0 usd
CY2023Q4 avb Number Of Office Leases
NumberOfOfficeLeases
15 lease
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
106146000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
114977000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
133220000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
142602000 usd
CY2023 us-gaap Operating Lease Expense
OperatingLeaseExpense
16342000 usd
CY2022 us-gaap Operating Lease Expense
OperatingLeaseExpense
15667000 usd
CY2021 us-gaap Operating Lease Expense
OperatingLeaseExpense
15458000 usd
CY2023Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
28528000 usd
CY2022Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
28354000 usd
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
20012000 usd
CY2022Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
20069000 usd
CY2023Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P22Y
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P40Y
CY2023Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0463
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0466
CY2023Q4 avb Lessee Operating Lease Not Yet Taken Control Number Of Leases
LesseeOperatingLeaseNotYetTakenControlNumberOfLeases
2 lease
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
14246000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
1087000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
14544000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
1089000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
14552000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
1092000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
13884000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
1094000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
12839000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
1096000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
268085000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
35762000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
338150000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
41220000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
204930000 usd
CY2023Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
21208000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
133220000 usd
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
20012000 usd
CY2023Q4 avb Lessee Operating Lease Not Yet Taken Control Number Of Leases
LesseeOperatingLeaseNotYetTakenControlNumberOfLeases
2 lease
CY2023 avb Attainment Percentage Of Physical Occupancy
AttainmentPercentageOfPhysicalOccupancy
0.90
CY2023 avb Anniversary Of Completion Of Development Or Redevelopment
AnniversaryOfCompletionOfDevelopmentOrRedevelopment
P1Y
CY2023 us-gaap Profit Loss
ProfitLoss
928438000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
1136438000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
1004356000 usd
CY2023 avb Indirect Operating Expenses Net Of Corporate Income
IndirectOperatingExpensesNetOfCorporateIncome
121704000 usd
CY2022 avb Indirect Operating Expenses Net Of Corporate Income
IndirectOperatingExpensesNetOfCorporateIncome
114200000 usd
CY2021 avb Indirect Operating Expenses Net Of Corporate Income
IndirectOperatingExpensesNetOfCorporateIncome
98665000 usd
CY2023 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-33479000 usd
CY2022 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-16565000 usd
CY2021 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-3231000 usd
CY2023 us-gaap Interest Expense
InterestExpense
205992000 usd
CY2022 us-gaap Interest Expense
InterestExpense
230074000 usd
CY2021 us-gaap Interest Expense
InterestExpense
220415000 usd
CY2023 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-150000 usd
CY2022 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-1646000 usd
CY2021 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-17787000 usd
CY2023 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
76534000 usd
CY2022 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
74064000 usd
CY2021 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
69611000 usd
CY2023 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
13454000 usd
CY2022 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
53394000 usd
CY2021 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
38585000 usd
CY2023 us-gaap Depreciation
Depreciation
816965000 usd
CY2022 us-gaap Depreciation
Depreciation
814978000 usd
CY2021 us-gaap Depreciation
Depreciation
758596000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
10153000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
14646000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5733000 usd
CY2023 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
9118000 usd
CY2022 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 usd
CY2021 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
3119000 usd
CY2023 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
287424000 usd
CY2022 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
555558000 usd
CY2021 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
602235000 usd
CY2023 us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
174000 usd
CY2022 us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
5127000 usd
CY2021 us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
1120000 usd
CY2023 avb Disposal Group Not Discontinued Operation Net Operating Income From Assets Held For Sale Not Classified As Discontinued Operations
DisposalGroupNotDiscontinuedOperationNetOperatingIncomeFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
14733000 usd
CY2022 avb Disposal Group Not Discontinued Operation Net Operating Income From Assets Held For Sale Not Classified As Discontinued Operations
DisposalGroupNotDiscontinuedOperationNetOperatingIncomeFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
46678000 usd
CY2021 avb Disposal Group Not Discontinued Operation Net Operating Income From Assets Held For Sale Not Classified As Discontinued Operations
DisposalGroupNotDiscontinuedOperationNetOperatingIncomeFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
82698000 usd
CY2023 us-gaap Operating Income Loss
OperatingIncomeLoss
1886748000 usd
CY2022 us-gaap Operating Income Loss
OperatingIncomeLoss
1741854000 usd
CY2021 us-gaap Operating Income Loss
OperatingIncomeLoss
1456875000 usd
CY2023 avb Revenue From Assets Heldfor Sale Not Classified As Discontinued Operations
RevenueFromAssetsHeldforSaleNotClassifiedAsDiscontinuedOperations
21197000 usd
CY2022 avb Revenue From Assets Heldfor Sale Not Classified As Discontinued Operations
RevenueFromAssetsHeldforSaleNotClassifiedAsDiscontinuedOperations
69782000 usd
CY2021 avb Revenue From Assets Heldfor Sale Not Classified As Discontinued Operations
RevenueFromAssetsHeldforSaleNotClassifiedAsDiscontinuedOperations
131506000 usd
CY2023 avb Operating Expenses From Assets Held For Sale Not Classified As Discontinued Operations
OperatingExpensesFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
6464000 usd
CY2022 avb Operating Expenses From Assets Held For Sale Not Classified As Discontinued Operations
OperatingExpensesFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
23104000 usd
CY2021 avb Operating Expenses From Assets Held For Sale Not Classified As Discontinued Operations
OperatingExpensesFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
48808000 usd
CY2023 avb Disposal Group Not Discontinued Operation Net Operating Income From Assets Held For Sale Not Classified As Discontinued Operations
DisposalGroupNotDiscontinuedOperationNetOperatingIncomeFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
14733000 usd
CY2022 avb Disposal Group Not Discontinued Operation Net Operating Income From Assets Held For Sale Not Classified As Discontinued Operations
DisposalGroupNotDiscontinuedOperationNetOperatingIncomeFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
46678000 usd
CY2021 avb Disposal Group Not Discontinued Operation Net Operating Income From Assets Held For Sale Not Classified As Discontinued Operations
DisposalGroupNotDiscontinuedOperationNetOperatingIncomeFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
82698000 usd
CY2023 us-gaap Operating Income Loss
OperatingIncomeLoss
1886748000 usd
CY2023Q4 avb Real Estate Gross At Carrying Value Excluding Gross Real Estate Assets Held For Sale
RealEstateGrossAtCarryingValueExcludingGrossRealEstateAssetsHeldForSale
26930462000 usd
CY2022 us-gaap Operating Income Loss
OperatingIncomeLoss
1741854000 usd
CY2022Q4 avb Real Estate Gross At Carrying Value Excluding Gross Real Estate Assets Held For Sale
RealEstateGrossAtCarryingValueExcludingGrossRealEstateAssetsHeldForSale
25590474000 usd
CY2021 us-gaap Operating Income Loss
OperatingIncomeLoss
1456875000 usd
CY2021Q4 avb Real Estate Gross At Carrying Value Excluding Gross Real Estate Assets Held For Sale
RealEstateGrossAtCarryingValueExcludingGrossRealEstateAssetsHeldForSale
24140139000 usd
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
4847 shares
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-13151000 usd
CY2023 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
27417000 usd
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
34131000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
25100000 usd
CY2023 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
10906000 usd
CY2022 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
10431000 usd
CY2021 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
9472000 usd
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7722000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
6333000 usd
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3084000 usd
CY2023 avb Derivative Notional Amounts Settled During Period
DerivativeNotionalAmountsSettledDuringPeriod
250000000 usd
CY2023 us-gaap Payments For Proceeds From Hedge Financing Activities
PaymentsForProceedsFromHedgeFinancingActivities
-8331000 usd
CY2023 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-1360000 usd
CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-3883000 usd
CY2023 us-gaap Partners Capital Account Units Redeemed
PartnersCapitalAccountUnitsRedeemed
7500 shares
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Land
RealEstateAndAccumulatedDepreciationInitialCostOfLand
4919393000 usd
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements
18019148000 usd
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Carrying Costs
RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionCarryingCosts
3991921000 usd
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Land
RealEstateAndAccumulatedDepreciationCarryingAmountOfLand
4919393000 usd
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements
22011069000 usd
CY2023Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
26930462000 usd
CY2023Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
7557614000 usd
CY2023Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
19372848000 usd
CY2022Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
18992807000 usd
CY2023Q4 srt Real Estate And Accumulated Depreciation Amount Of Encumbrances
RealEstateAndAccumulatedDepreciationAmountOfEncumbrances
8044042000 usd
CY2023Q4 srt Real Estate Federal Income Tax Basis
RealEstateFederalIncomeTaxBasis
25437272000 usd
CY2022Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
25871363000 usd
CY2021Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
24927305000 usd
CY2020Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
23962222000 usd
CY2023 avb Real Estate Acquisitions Construction Costs And Improvements
RealEstateAcquisitionsConstructionCostsAndImprovements
1338187000 usd
CY2022 avb Real Estate Acquisitions Construction Costs And Improvements
RealEstateAcquisitionsConstructionCostsAndImprovements
1599311000 usd
CY2021 avb Real Estate Acquisitions Construction Costs And Improvements
RealEstateAcquisitionsConstructionCostsAndImprovements
1588314000 usd
CY2023 avb Real Estate Dispositions Including Impairment Loss On Planned Dispositions
RealEstateDispositionsIncludingImpairmentLossOnPlannedDispositions
279088000 usd
CY2022 avb Real Estate Dispositions Including Impairment Loss On Planned Dispositions
RealEstateDispositionsIncludingImpairmentLossOnPlannedDispositions
655253000 usd
CY2021 avb Real Estate Dispositions Including Impairment Loss On Planned Dispositions
RealEstateDispositionsIncludingImpairmentLossOnPlannedDispositions
623231000 usd
CY2023Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
26930462000 usd
CY2022Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
25871363000 usd
CY2021Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
24927305000 usd
CY2022Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
6878556000 usd
CY2021Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
6217721000 usd
CY2020Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
5728440000 usd
CY2023 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
816965000 usd
CY2022 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
814978000 usd
CY2021 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
758596000 usd
CY2023 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
137907000 usd
CY2022 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
154143000 usd
CY2021 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
269315000 usd
CY2023Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
7557614000 usd
CY2022Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
6878556000 usd
CY2021Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
6217721000 usd

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