$AVB
AVALONBAY COMMUNITIES INC Stock $avb

$avb Overview Financials Valuation SEC Filings Company Website

2024 Q2 Form 10-Q Financial Statement

#000091591224000011 Filed on May 03, 2024

Income Statement

Concept	2024 Q2	2024 Q1
Revenue	$726.0M	$712.9M
YoY Change	5.09%	5.65%
Cost Of Revenue	$260.7M	$255.7M
YoY Change	6.46%	6.84%
Gross Profit	$465.4M	$457.2M
YoY Change	4.34%	5.0%
Gross Profit Margin	64.1%	64.13%
Selling, General & Admin	$19.59M	$20.33M
YoY Change	10.81%	-0.34%
% of Gross Profit	4.21%	4.45%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$206.9M	$212.3M
YoY Change	3.18%	3.68%
% of Gross Profit	44.46%	46.43%
Operating Expenses	$226.5M	$232.6M
YoY Change	3.8%	3.31%
Operating Profit	$496.4M	$491.9M
YoY Change	5.4%	5.78%
Interest Expense	$57.08M	$54.77M
YoY Change	10.65%	-3.62%
% of Operating Profit	11.5%	11.13%
Other Income/Expense, Net	-$1.417M	-$4.245M
YoY Change	12.37%	41.88%
Pretax Income	$253.9M	$173.5M
YoY Change	-30.92%	15.43%
Income Tax	-$62.00K	-$22.00K
% Of Pretax Income	-0.02%	-0.01%
Net Earnings	$254.0M	$173.6M
YoY Change	-30.94%	18.25%
Net Earnings / Revenue	34.99%	24.35%
Basic Earnings Per Share	$1.78	$1.22
Diluted Earnings Per Share	$1.78	$1.22
COMMON SHARES
Basic Shares Outstanding	142.2M shares	142.0M shares
Diluted Shares Outstanding	142.4M shares	142.2M shares

Balance Sheet

Concept	2024 Q2	2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$545.8M	$287.9M
YoY Change	-29.09%	13.14%
Cash & Equivalents	$545.8M	$287.9M
Short-Term Investments
Other Short-Term Assets	$455.1M	$437.7M
YoY Change	36.06%	47.36%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$1.001B	$725.6M
YoY Change	-9.35%	31.57%
LONG-TERM ASSETS
Property, Plant & Equipment	$19.55B	$19.51B
YoY Change	1.81%	1.69%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$222.1M	$220.4M
YoY Change	2.55%	0.57%
Other Assets	$268.3M	$189.7M
YoY Change	7.85%	2.02%
Total Long-Term Assets	$20.04B	$19.92B
YoY Change	1.7%	1.49%
TOTAL ASSETS
Total Short-Term Assets	$1.001B	$725.6M
Total Long-Term Assets	$20.04B	$19.92B
Total Assets	$21.04B	$20.64B
YoY Change	1.11%	2.31%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$83.91M	$87.17M
YoY Change	-5.68%	2.58%
Accrued Expenses	$508.3M	$526.7M
YoY Change	-1.34%	-1.27%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$901.5M	$921.9M
YoY Change	-0.54%	0.65%
LONG-TERM LIABILITIES
Long-Term Debt	$8.394B	$8.003B
YoY Change	3.85%	-1.03%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$8.394B	$8.003B
YoY Change	3.85%	-1.03%
TOTAL LIABILITIES
Total Short-Term Liabilities	$901.5M	$921.9M
Total Long-Term Liabilities	$8.394B	$8.003B
Total Liabilities	$9.296B	$8.925B
YoY Change	3.41%	-0.86%
SHAREHOLDERS EQUITY
Retained Earnings	$421.1M	$409.4M
YoY Change	-21.18%	1.86%
Common Stock	$1.422M	$1.422M
YoY Change	0.14%	1.5%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$11.74B	$11.71B
YoY Change
Total Liabilities & Shareholders Equity	$21.04B	$20.64B
YoY Change	1.11%	2.31%

Cashflow Statement

Concept	2024 Q2	2024 Q1
OPERATING ACTIVITIES
Net Income	$254.0M	$173.6M
YoY Change	-30.94%	18.25%
Depreciation, Depletion And Amortization	$206.9M	$212.3M
YoY Change	3.18%	3.68%
Cash From Operating Activities	$380.0M	$412.9M
YoY Change	9.68%	4.24%
INVESTING ACTIVITIES
Capital Expenditures	$342.9M	$246.3M
YoY Change	26.45%	-6.66%
Acquisitions
YoY Change
Other Investing Activities	$144.9M	-$19.56M
YoY Change	-39.78%	459.5%
Cash From Investing Activities	-$198.0M	-$265.8M
YoY Change	548.32%	-0.57%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	159.8M	-$254.5M
YoY Change	-37.34%	-47.74%
NET CHANGE
Cash From Operating Activities	380.0M	$412.9M
Cash From Investing Activities	-198.0M	-$265.8M
Cash From Financing Activities	159.8M	-$254.5M
Net Change In Cash	341.8M	-$107.4M
YoY Change	-40.13%	-70.01%
FREE CASH FLOW
Cash From Operating Activities	$380.0M	$412.9M
Capital Expenditures	$342.9M	$246.3M
Free Cash Flow	$37.12M	$166.6M
YoY Change	-50.71%	25.99%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q1	us-gaap	Stock Issued During Period Shares Dividend Reinvestment Plan StockIssuedDuringPeriodSharesDividendReinvestmentPlan	847	shares
CY2023Q1	us-gaap	Profit Loss ProfitLoss	146775000	usd
CY2023Q1	us-gaap	Depreciation Depreciation	204743000	usd
CY2023Q1	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	3231000	usd
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	7921000	usd
CY2023Q1	avb	Casualty Gain And Impairment Loss Net Operating Activities CasualtyGainAndImpairmentLossNetOperatingActivities	2407000	usd
CY2023Q1	us-gaap	Noncash Project Abandonment Costs NoncashProjectAbandonmentCosts	2992000	usd
CY2023Q1	us-gaap	Interest Rate Cash Flow Hedge Gain Loss Reclassified To Earnings Net InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet	-354000	usd
CY2023Q1	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	318000	usd
CY2023Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	1439000	usd
CY2023Q1	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	30909000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	396118000	usd
CY2023Q1	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	229361000	usd
CY2023Q1	us-gaap	Shares Paid For Tax Withholding For Share Based Compensation SharesPaidForTaxWithholdingForShareBasedCompensation	60693	shares
CY2023Q1	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	10242000	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Share Based Compensation Forfeited StockIssuedDuringPeriodValueShareBasedCompensationForfeited	29000	usd
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	141902066	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	139766727	shares
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	142222755	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	140023810	shares
CY2023Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2023Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2023Q4	us-gaap	Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://avalonbay.com/20240331#LeaseRightOfUseAsset
CY2024Q1	us-gaap	Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://avalonbay.com/20240331#LeaseRightOfUseAsset
CY2024Q1	us-gaap	Operating Lease Liability Statement Of Financial Position Extensible List OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList	http://avalonbay.com/20240331#LeaseLiability
CY2023Q4	us-gaap	Operating Lease Liability Statement Of Financial Position Extensible List OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList	http://avalonbay.com/20240331#LeaseLiability
CY2023Q4	us-gaap	Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://avalonbay.com/20240331#LeaseRightOfUseAsset
CY2024Q1	us-gaap	Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://avalonbay.com/20240331#LeaseRightOfUseAsset
CY2023Q4	us-gaap	Operating Lease Liability Statement Of Financial Position Extensible List OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList	http://avalonbay.com/20240331#LeaseLiability
CY2024Q1	us-gaap	Operating Lease Liability Statement Of Financial Position Extensible List OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList	http://avalonbay.com/20240331#LeaseLiability
CY2024Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	1795000	usd
CY2023Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	1066000	usd
CY2024Q1	us-gaap	Revenues Revenues	712859000	usd
CY2023Q1	us-gaap	Revenues Revenues	674708000	usd
CY2024Q1	us-gaap	Cost Of Other Property Operating Expense CostOfOtherPropertyOperatingExpense	175916000	usd
CY2023Q1	us-gaap	Cost Of Other Property Operating Expense CostOfOtherPropertyOperatingExpense	164832000	usd
CY2024Q1	us-gaap	Real Estate Tax Expense RealEstateTaxExpense	79780000	usd
CY2023Q1	us-gaap	Real Estate Tax Expense RealEstateTaxExpense	74495000	usd
CY2024Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-4245000	usd
CY2023Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-2992000	usd
CY2024Q1	us-gaap	Interest Expense InterestExpense	54766000	usd
CY2023Q1	us-gaap	Interest Expense InterestExpense	56821000	usd
CY2024Q1	us-gaap	Depreciation Depreciation	212269000	usd
CY2023Q1	us-gaap	Depreciation Depreciation	204743000	usd
CY2024Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	20331000	usd
CY2023Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	20400000	usd
CY2024Q1	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	2935000	usd
CY2023Q1	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	5051000	usd
CY2024Q1	us-gaap	Costs And Expenses CostsAndExpenses	550242000	usd
CY2023Q1	us-gaap	Costs And Expenses CostsAndExpenses	529334000	usd
CY2024Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	10847000	usd
CY2023Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	4845000	usd
CY2024Q1	us-gaap	Gain Loss On Sale Of Other Assets GainLossOnSaleOfOtherAssets	71000	usd
CY2023Q1	us-gaap	Gain Loss On Sale Of Other Assets GainLossOnSaleOfOtherAssets	116000	usd
CY2024Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	173535000	usd
CY2023Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	150335000	usd
CY2024Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-22000	usd
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	3560000	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	173557000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	146775000	usd
CY2024Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	108000	usd
CY2023Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-127000	usd
CY2024Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	173449000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	146902000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax	7339000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax	-340000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	-146000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	-354000	usd
CY2024Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	180934000	usd
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	146916000	usd
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.22
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.05
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.22
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.05
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	11783318000	usd
CY2024Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	173449000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax	7339000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	-146000	usd
CY2024Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	1.70
CY2024Q1	us-gaap	Dividends Common Stock DividendsCommonStock	242701000	usd
CY2024Q1	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	-15757000	usd
CY2024Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	8440000	usd
CY2024Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	11714234000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	11253553000	usd
CY2023Q1	us-gaap	Minority Interest Period Increase Decrease MinorityInterestPeriodIncreaseDecrease	-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
CY2024Q1	us-gaap	Profit Loss ProfitLoss	173557000	usd
CY2024Q1	us-gaap	Depreciation Depreciation	212269000	usd
CY2024Q1	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	3283000	usd
CY2024Q1	us-gaap	Share Based Compensation ShareBasedCompensation	5870000	usd
CY2024Q1	us-gaap	Income Loss From Equity Method Investments Net Of Dividends Or Distributions IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions	5742000	usd
CY2023Q1	us-gaap	Income Loss From Equity Method Investments Net Of Dividends Or Distributions IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions	1457000	usd
CY2024Q1	avb	Casualty Gain And Impairment Loss Net Operating Activities CasualtyGainAndImpairmentLossNetOperatingActivities	1415000	usd
CY2024Q1	us-gaap	Noncash Project Abandonment Costs NoncashProjectAbandonmentCosts	4245000	usd
CY2024Q1	us-gaap	Interest Rate Cash Flow Hedge Gain Loss Reclassified To Earnings Net InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet	-146000	usd
CY2024Q1	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	-62000	usd
CY2024Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	3753000	usd
CY2024Q1	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	21553000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	412905000	usd
CY2024Q1	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	207568000	usd
CY2024Q1	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	37490000	usd
CY2023Q1	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	31281000	usd
CY2024Q1	avb	Payments For Capital Improvements Non Real Estate PaymentsForCapitalImprovementsNonRealEstate	1200000	usd
CY2023Q1	avb	Payments For Capital Improvements Non Real Estate PaymentsForCapitalImprovementsNonRealEstate	3201000	usd
CY2024Q1	avb	Proceeds From Payments To Construction Payables ProceedsFromPaymentsToConstructionPayables	-536000	usd
CY2023Q1	avb	Proceeds From Payments To Construction Payables ProceedsFromPaymentsToConstructionPayables	12176000	usd
CY2024Q1	us-gaap	Proceeds From Sale Of Real Estate Heldforinvestment ProceedsFromSaleOfRealEstateHeldforinvestment	3865000	usd
CY2023Q1	us-gaap	Proceeds From Sale Of Real Estate Heldforinvestment ProceedsFromSaleOfRealEstateHeldforinvestment	3964000	usd
CY2024Q1	us-gaap	Payments To Acquire Notes Receivable PaymentsToAcquireNotesReceivable	20861000	usd
CY2023Q1	us-gaap	Payments To Acquire Notes Receivable PaymentsToAcquireNotesReceivable	14034000	usd
CY2024Q1	us-gaap	Proceeds From Sale And Collection Of Notes Receivable ProceedsFromSaleAndCollectionOfNotesReceivable	57000	usd
CY2023Q1	us-gaap	Proceeds From Sale And Collection Of Notes Receivable ProceedsFromSaleAndCollectionOfNotesReceivable	0	usd
CY2024Q1	us-gaap	Payments To Acquire Businesses And Interest In Affiliates PaymentsToAcquireBusinessesAndInterestInAffiliates	2085000	usd
CY2023Q1	us-gaap	Payments To Acquire Businesses And Interest In Affiliates PaymentsToAcquireBusinessesAndInterestInAffiliates	5602000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-265818000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-267339000	usd
CY2024Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	365000	usd
CY2023Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	135000	usd
CY2024Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	0	usd
CY2023Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	1129000	usd
CY2024Q1	us-gaap	Payments Of Ordinary Dividends PaymentsOfOrdinaryDividends	237005000	usd
CY2023Q1	us-gaap	Payments Of Ordinary Dividends PaymentsOfOrdinaryDividends	223465000	usd
CY2024Q1	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	800000	usd
CY2023Q1	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	899000	usd
CY2024Q1	us-gaap	Repayments Of Unsecured Debt RepaymentsOfUnsecuredDebt	0	usd
CY2023Q1	us-gaap	Repayments Of Unsecured Debt RepaymentsOfUnsecuredDebt	250000000	usd
CY2024Q1	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	218000	usd
CY2023Q1	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	662000	usd
CY2024Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	16291000	usd
CY2023Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	10310000	usd
CY2024Q1	avb	Payments For Redemption Of Noncontrolling Interests Distribution To Joint Ventures And Preferred Equity Redemption And Dividends PaymentsForRedemptionOfNoncontrollingInterestsDistributionToJointVenturesAndPreferredEquityRedemptionAndDividends	548000	usd
CY2023Q1	avb	Payments For Redemption Of Noncontrolling Interests Distribution To Joint Ventures And Preferred Equity Redemption And Dividends PaymentsForRedemptionOfNoncontrollingInterestsDistributionToJointVenturesAndPreferredEquityRedemptionAndDividends	630000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-254497000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-486960000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-107410000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-358181000	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
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	423550000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	376064000	usd
CY2024Q1	us-gaap	Interest Paid Net InterestPaidNet	37242000	usd
CY2023Q1	us-gaap	Interest Paid Net InterestPaidNet	33814000	usd
CY2024Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	287892000	usd
CY2023Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	254466000	usd
CY2024Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	135658000	usd
CY2023Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	121598000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	423550000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	376064000	usd
CY2024Q1	us-gaap	Stock Issued During Period Shares Dividend Reinvestment Plan StockIssuedDuringPeriodSharesDividendReinvestmentPlan	939	shares
CY2024Q1	us-gaap	Stock Issued During Period Value Dividend Reinvestment Plan StockIssuedDuringPeriodValueDividendReinvestmentPlan	169000	usd
CY2024Q1	us-gaap	Shares Paid For Tax Withholding For Share Based Compensation SharesPaidForTaxWithholdingForShareBasedCompensation	91446	shares
CY2024Q1	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	16291000	usd
CY2024Q1	us-gaap	Stock Issued During Period Value Share Based Compensation Forfeited StockIssuedDuringPeriodValueShareBasedCompensationForfeited	336000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	-146000	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Dividend Reinvestment Plan StockIssuedDuringPeriodValueDividendReinvestmentPlan	144000	usd
CY2023Q1	us-gaap	Increase Decrease In Derivative Liabilities IncreaseDecreaseInDerivativeLiabilities	650000	usd
CY2023Q1	us-gaap	Increase Decrease In Derivative Assets IncreaseDecreaseInDerivativeAssets	310000	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 After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	-354000	usd
CY2024Q1	us-gaap	Number Of Real Estate Properties NumberOfRealEstateProperties	299	community
CY2024Q1	us-gaap	Number Of Units In Real Estate Property NumberOfUnitsInRealEstateProperty	90673	home
CY2024Q1	us-gaap	Number Of States In Which Entity Operates NumberOfStatesInWhichEntityOperates	12	state
CY2024Q1	avb	Number Of Owned Communities Under Construction NumberOfOwnedCommunitiesUnderConstruction	17	community
CY2024Q1	avb	Additional Number Of Communities Expected To Be Developed AdditionalNumberOfCommunitiesExpectedToBeDeveloped	32	community
CY2024Q1	avb	Estimated Number Of Apartment Homes In Communities Expected To Be Developed EstimatedNumberOfApartmentHomesInCommunitiesExpectedToBeDeveloped	11167	home
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	141902066	shares
CY2023Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	8044042000	usd
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	139766727	shares
CY2024Q1	us-gaap	Weighted Average Number Of Limited Partnership And General Partnership Unit Outstanding Basic And Diluted WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted	0	shares
CY2023Q1	us-gaap	Weighted Average Number Of Limited Partnership And General Partnership Unit Outstanding Basic And Diluted WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted	7500	shares
CY2024Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	320689	shares
CY2023Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	249583	shares
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	142222755	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	140023810	shares
CY2024Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	173449000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	146902000	usd
CY2024Q1	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	338000	usd
CY2023Q1	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	267000	usd
CY2024Q1	us-gaap	Undistributed Earnings UndistributedEarnings	173111000	usd
CY2023Q1	us-gaap	Undistributed Earnings UndistributedEarnings	146635000	usd
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.22
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.05
CY2024Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	173449000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	146902000	usd
CY2024Q1	us-gaap	Net Income Loss Attributable To Redeemable Noncontrolling Interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest	0	usd
CY2023Q1	us-gaap	Net Income Loss Attributable To Redeemable Noncontrolling Interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest	-12000	usd
CY2024Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	173449000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	146914000	usd
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.22
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.05
CY2024Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	309339	shares
CY2023Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	307625	shares
CY2024Q1	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>
CY2024Q1	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 and segment classification.</span></div>
CY2024Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-22000	usd
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	3560000	usd
CY2024Q1	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 $11,482,000 and $16,971,000 for the three months ended March 31, 2024 and 2023, respectively, under ASC 842 and ASC 450.</span></div>
CY2024Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	11482000	usd
CY2023Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	16971000	usd
CY2024Q1	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	11591000	usd
CY2023Q1	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	11018000	usd
CY2024Q1	us-gaap	Line Of Credit LineOfCredit	0	usd
CY2023Q4	us-gaap	Line Of Credit LineOfCredit	0	usd
CY2024Q1	us-gaap	Commercial Paper CommercialPaper	0	usd
CY2023Q4	us-gaap	Commercial Paper CommercialPaper	0	usd
CY2024Q1	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	8043242000	usd
CY2024Q1	us-gaap	Debt Weighted Average Interest Rate DebtWeightedAverageInterestRate	0.034
CY2023Q4	us-gaap	Debt Weighted Average Interest Rate DebtWeightedAverageInterestRate	0.035
CY2024Q1	us-gaap	Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet	59971000	usd
CY2023Q4	us-gaap	Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet	62220000	usd
CY2024Q1	us-gaap	Long Term Debt LongTermDebt	7983271000	usd
CY2023Q4	us-gaap	Long Term Debt LongTermDebt	7981822000	usd
CY2024Q1	us-gaap	Line Of Credit LineOfCredit	0	usd
CY2023Q4	us-gaap	Line Of Credit LineOfCredit	0	usd
CY2024Q1	avb	Commercial Paper Maximum Borrowing Capacity CommercialPaperMaximumBorrowingCapacity	500000000	usd
CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	280000000	shares
CY2024Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	280000000	shares
CY2024Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000	shares
CY2023Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000	shares
CY2024Q1	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	3142	shares
CY2024Q1	us-gaap	Stock Issued During Period Shares Dividend Reinvestment Plan StockIssuedDuringPeriodSharesDividendReinvestmentPlan	939	shares
CY2024Q1	us-gaap	Shares Paid For Tax Withholding For Share Based Compensation SharesPaidForTaxWithholdingForShareBasedCompensation	91446	shares
CY2024Q1	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	0	shares
CY2024Q1	us-gaap	Stock Repurchase Program Remaining Authorized Repurchase Amount1 StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1	314237000	usd
CY2023Q1	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	7000	shares
CY2023Q1	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	161.29
CY2024Q1	avb	Other Commitments Number Of Sip Commitments OtherCommitmentsNumberOfSIPCommitments	7	commitment
CY2024Q1	us-gaap	Other Commitment OtherCommitment	191585000	usd
CY2024Q1	avb	Other Commitments Weighted Average Rate Of Return OtherCommitmentsWeightedAverageRateOfReturn	0.115
CY2024Q1	avb	Other Commitment Outstanding Funding OtherCommitmentOutstandingFunding	117321000	usd
CY2024Q1	avb	Long Term Construction Loan Maximum Borrowing Capacity Guarantee Percentage LongTermConstructionLoanMaximumBorrowingCapacityGuaranteePercentage	0.30
CY2024Q1	avb	Long Term Construction Loan Maximum Borrowing Capacity Guarantee Percentage LongTermConstructionLoanMaximumBorrowingCapacityGuaranteePercentage	0.30
CY2024Q1	avb	Long Term Construction Loan Guarantee Payment Reimbursement By Partner Percentage LongTermConstructionLoanGuaranteePaymentReimbursementByPartnerPercentage	0.75
CY2024Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-4245000	usd
CY2023Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-2992000	usd
CY2024Q1	us-gaap	Impairment Of Long Lived Assets Held For Use ImpairmentOfLongLivedAssetsHeldForUse	0	usd
CY2023Q1	us-gaap	Impairment Of Long Lived Assets Held For Use ImpairmentOfLongLivedAssetsHeldForUse	0	usd
CY2024Q1	us-gaap	Impairment Of Investments ImpairmentOfInvestments	0	usd
CY2023Q1	us-gaap	Impairment Of Investments ImpairmentOfInvestments	0	usd
CY2024Q1	avb	Number Of Communities Held For Sale NumberOfCommunitiesHeldForSale	1	community
CY2023Q4	avb	Loss Contingency Number Of Other Defendants LossContingencyNumberOfOtherDefendants	14	defendant
CY2024Q1	avb	Number Of Office Leases NumberOfOfficeLeases	14	lease
CY2024Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	104053000	usd
CY2023Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	106146000	usd
CY2024Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	130929000	usd
CY2023Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	133220000	usd
CY2024Q1	us-gaap	Operating Lease Expense OperatingLeaseExpense	4171000	usd
CY2023Q1	us-gaap	Operating Lease Expense OperatingLeaseExpense	4005000	usd
CY2024Q1	us-gaap	Finance Lease Right Of Use Asset FinanceLeaseRightOfUseAsset	28421000	usd
CY2023Q4	us-gaap	Finance Lease Right Of Use Asset FinanceLeaseRightOfUseAsset	28528000	usd
CY2024Q1	us-gaap	Finance Lease Liability FinanceLeaseLiability	19997000	usd
CY2023Q4	us-gaap	Finance Lease Liability FinanceLeaseLiability	20012000	usd
CY2024Q1	avb	Other Operating Expenses Additional Shared Services OtherOperatingExpensesAdditionalSharedServices	3152000	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	173557000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	146775000	usd
CY2024Q1	avb	Indirect Operating Expenses Net Of Corporate Income IndirectOperatingExpensesNetOfCorporateIncome	35204000	usd
CY2023Q1	avb	Indirect Operating Expenses Net Of Corporate Income IndirectOperatingExpensesNetOfCorporateIncome	33936000	usd
CY2024Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-4245000	usd
CY2023Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-2992000	usd
CY2024Q1	us-gaap	Interest Expense InterestExpense	54766000	usd
CY2023Q1	us-gaap	Interest Expense InterestExpense	56821000	usd
CY2024Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	20331000	usd
CY2023Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	20400000	usd
CY2024Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	10847000	usd
CY2023Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	4845000	usd
CY2024Q1	us-gaap	Depreciation Depreciation	212269000	usd
CY2023Q1	us-gaap	Depreciation Depreciation	204743000	usd
CY2024Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-22000	usd
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	3560000	usd
CY2024Q1	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	2935000	usd
CY2023Q1	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	5051000	usd
CY2024Q1	us-gaap	Gain Loss On Sale Of Other Assets GainLossOnSaleOfOtherAssets	71000	usd
CY2023Q1	us-gaap	Gain Loss On Sale Of Other Assets GainLossOnSaleOfOtherAssets	116000	usd
CY2024Q1	avb	Disposal Group Not Discontinued Operation Net Operating Income From Assets Held For Sale Not Classified As Discontinued Operations DisposalGroupNotDiscontinuedOperationNetOperatingIncomeFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations	426000	usd
CY2023Q1	avb	Disposal Group Not Discontinued Operation Net Operating Income From Assets Held For Sale Not Classified As Discontinued Operations DisposalGroupNotDiscontinuedOperationNetOperatingIncomeFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations	6950000	usd
CY2024Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	491941000	usd
CY2023Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	462367000	usd
CY2024Q1	avb	Revenue From Assets Held For Sale Not Classified As Discontinued Operations RevenueFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations	690000	usd
CY2023Q1	avb	Revenue From Assets Held For Sale Not Classified As Discontinued Operations RevenueFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations	9709000	usd
CY2024Q1	avb	Operating Expenses From Assets Held For Sale Not Classified As Discontinued Operations OperatingExpensesFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations	264000	usd
CY2023Q1	avb	Operating Expenses From Assets Held For Sale Not Classified As Discontinued Operations OperatingExpensesFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations	2759000	usd
CY2024Q1	avb	Disposal Group Not Discontinued Operation Net Operating Income From Assets Held For Sale Not Classified As Discontinued Operations DisposalGroupNotDiscontinuedOperationNetOperatingIncomeFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations	426000	usd
CY2023Q1	avb	Disposal Group Not Discontinued Operation Net Operating Income From Assets Held For Sale Not Classified As Discontinued Operations DisposalGroupNotDiscontinuedOperationNetOperatingIncomeFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations	6950000	usd
CY2024Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	491941000	usd
CY2024Q1	avb	Real Estate Gross At Carrying Value Excluding Gross Real Estate Assets Held For Sale RealEstateGrossAtCarryingValueExcludingGrossRealEstateAssetsHeldForSale	27083671000	usd
CY2023Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	462367000	usd
CY2023Q1	avb	Real Estate Gross At Carrying Value Excluding Gross Real Estate Assets Held For Sale RealEstateGrossAtCarryingValueExcludingGrossRealEstateAssetsHeldForSale	25767383000	usd
CY2024Q1	avb	Real Estate Held For Sale Gross RealEstateHeldForSaleGross	20953000	usd
CY2024Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	5910000	usd
CY2023Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	8018000	usd
CY2024Q1	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	2570000	usd
CY2023Q1	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	3284000	usd
CY2024Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	1795000	usd
CY2023Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	1066000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	-146000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	-354000	usd
CY2024Q1	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2024Q1	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q1	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2024Q1	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false

Files In Submission

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0000915912-24-000011-index-headers.html	Edgar Link	pending
0000915912-24-000011-index.html	Edgar Link	pending
0000915912-24-000011.txt	Edgar Link	pending
0000915912-24-000011-xbrl.zip	Edgar Link	pending
avb-20240331.htm	Edgar Link	pending
avb-20240331.xsd	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
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q1202410-qex311.htm	Edgar Link	pending
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R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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AVALONBAY COMMUNITIES INC Stock $avb

2024 Q2 Form 10-Q Financial Statement

#000091591224000011 Filed on May 03, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$AVB AVALONBAY COMMUNITIES INC Stock $avb

2024 Q2 Form 10-Q Financial Statement

#000091591224000011 Filed on May 03, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$AVB
AVALONBAY COMMUNITIES INC Stock $avb