2024 Q4 Form 10-Q Financial Statement

#000091591224000021 Filed on November 12, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue $734.3M
YoY Change 5.26%
Cost Of Revenue $275.5M
YoY Change 8.62%
Gross Profit $458.8M
YoY Change 3.34%
Gross Profit Margin 62.49%
Selling, General & Admin $20.09M
YoY Change -2.0%
% of Gross Profit 4.38%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $212.1M
YoY Change 5.54%
% of Gross Profit 46.23%
Operating Expenses $232.2M
YoY Change 4.84%
Operating Profit $497.0M
YoY Change 5.2%
Interest Expense $55.77M
YoY Change 15.91%
% of Operating Profit 11.22%
Other Income/Expense, Net -$1.573M
YoY Change -91.7%
Pretax Income $373.3M
YoY Change 111.91%
Income Tax $782.0K
% Of Pretax Income 0.21%
Net Earnings $372.5M
YoY Change 116.85%
Net Earnings / Revenue 50.73%
Basic Earnings Per Share $2.62
Diluted Earnings Per Share $2.61
COMMON SHARES
Basic Shares Outstanding 142.2M shares 142.2M shares
Diluted Shares Outstanding 142.5M shares

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $552.4M
YoY Change 8.52%
Cash & Equivalents $552.4M
Short-Term Investments
Other Short-Term Assets $511.8M
YoY Change 41.37%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $1.064B
YoY Change 22.17%
LONG-TERM ASSETS
Property, Plant & Equipment $19.73B
YoY Change 2.32%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $227.8M
YoY Change 4.99%
Other Assets $289.7M
YoY Change -13.77%
Total Long-Term Assets $20.24B
YoY Change 2.08%
TOTAL ASSETS
Total Short-Term Assets $1.064B
Total Long-Term Assets $20.24B
Total Assets $21.31B
YoY Change 2.93%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $81.26M
YoY Change -15.35%
Accrued Expenses $638.3M
YoY Change 14.18%
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.028B
YoY Change 7.56%
LONG-TERM LIABILITIES
Long-Term Debt $8.395B
YoY Change 5.38%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $8.395B
YoY Change 5.38%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.028B
Total Long-Term Liabilities $8.395B
Total Liabilities $9.424B
YoY Change 5.6%
SHAREHOLDERS EQUITY
Retained Earnings $551.4M
YoY Change 17.08%
Common Stock $1.422M
YoY Change 0.14%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $11.88B
YoY Change
Total Liabilities & Shareholders Equity $21.31B
YoY Change 2.93%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income $372.5M
YoY Change 116.85%
Depreciation, Depletion And Amortization $212.1M
YoY Change 5.54%
Cash From Operating Activities $486.2M
YoY Change 3.18%
INVESTING ACTIVITIES
Capital Expenditures $522.0M
YoY Change 39.3%
Acquisitions
YoY Change
Other Investing Activities $303.2M
YoY Change 237.99%
Cash From Investing Activities -$218.8M
YoY Change -23.23%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -240.3M
YoY Change -31.98%
NET CHANGE
Cash From Operating Activities 486.2M
Cash From Investing Activities -218.8M
Cash From Financing Activities -240.3M
Net Change In Cash 27.12M
YoY Change -116.24%
FREE CASH FLOW
Cash From Operating Activities $486.2M
Capital Expenditures $522.0M
Free Cash Flow -$35.79M
YoY Change -137.09%

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CY2024Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
30720000 usd
CY2023Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1930000 usd
CY2024Q3 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
172973000 usd
CY2023Q3 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
22121000 usd
CY2024Q3 us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
314000 usd
CY2023Q3 us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
237000 usd
CY2024Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
373301000 usd
CY2023Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
176162000 usd
CY2024Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
782000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-484000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
172031000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
799902000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
686856000 usd
CY2024Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
470000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
15502000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
12308000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
23988000 usd
CY2024Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
274000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
197000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-1062000 usd
CY2024Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
372715000 usd
CY2023Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
187887000 usd
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.62
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.21
CY2024Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.61
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.21
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.62
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.86
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
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242701000 usd
CY2024Q1 us-gaap Stock Issued During Period Value New Issues
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CY2024Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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8440000 usd
CY2024Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
11714234000 usd
CY2024Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
253934000 usd
CY2024Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
4499000 usd
CY2024Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
69000 usd
CY2024Q2 us-gaap Minority Interest Period Increase Decrease
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-77000 usd
CY2024Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.70
CY2024Q2 us-gaap Dividends Common Stock
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242173000 usd
CY2024Q2 us-gaap Stock Issued During Period Value New Issues
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CY2024Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
11297000 usd
CY2024Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
11741494000 usd
CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
372519000 usd
CY2024Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
470000 usd
CY2024Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
274000 usd
CY2024Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.70
CY2024Q3 us-gaap Dividends Common Stock
DividendsCommonStock
242221000 usd
CY2024Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
3258000 usd
CY2024Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
11884884000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
11253553000 usd
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
146902000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-354000 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
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
11169256000 usd
CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
367923000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
8826000 usd
CY2023Q2 us-gaap Minority Interest Period Increase Decrease
MinorityInterestPeriodIncreaseDecrease
-367000 usd
CY2023Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.65
CY2023Q2 us-gaap Dividends Common Stock
DividendsCommonStock
234774000 usd
CY2023Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
494705000 usd
CY2023Q2 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
782000 usd
CY2023Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
10424000 usd
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
11815565000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
172031000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
15502000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-354000 usd
CY2023Q3 us-gaap Minority Interest Period Increase Decrease
MinorityInterestPeriodIncreaseDecrease
-564000 usd
CY2023Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.65
CY2023Q3 us-gaap Dividends Common Stock
DividendsCommonStock
234777000 usd
CY2023Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
-29000 usd
CY2023Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
9519000 usd
CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
11777601000 usd
us-gaap Profit Loss
ProfitLoss
800083000 usd
us-gaap Profit Loss
ProfitLoss
686372000 usd
us-gaap Depreciation
Depreciation
631314000 usd
us-gaap Depreciation
Depreciation
606271000 usd
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
9995000 usd
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
9450000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-150000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
20241000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
21849000 usd
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
27290000 usd
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
-2895000 usd
avb Casualty Gain And Impairment Loss Net Operating Activities
CasualtyGainAndImpairmentLossNetOperatingActivities
1415000 usd
avb Casualty Gain And Impairment Loss Net Operating Activities
CasualtyGainAndImpairmentLossNetOperatingActivities
4173000 usd
us-gaap Noncash Project Abandonment Costs
NoncashProjectAbandonmentCosts
7235000 usd
us-gaap Noncash Project Abandonment Costs
NoncashProjectAbandonmentCosts
23212000 usd
us-gaap Interest Rate Cash Flow Hedge Gain Loss Reclassified To Earnings Net
InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet
197000 usd
us-gaap Interest Rate Cash Flow Hedge Gain Loss Reclassified To Earnings Net
InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet
-1062000 usd
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
242032000 usd
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
210409000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
32965000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
3206000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
111266000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
72023000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1279065000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1213842000 usd
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
691744000 usd
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
691543000 usd
us-gaap Payments To Acquire Other Real Estate
PaymentsToAcquireOtherRealEstate
278363000 usd
us-gaap Payments To Acquire Other Real Estate
PaymentsToAcquireOtherRealEstate
83348000 usd
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
136431000 usd
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
121644000 usd
avb Payments For Capital Improvements Non Real Estate
PaymentsForCapitalImprovementsNonRealEstate
4554000 usd
avb Payments For Capital Improvements Non Real Estate
PaymentsForCapitalImprovementsNonRealEstate
13116000 usd
avb Proceeds From Payments To Construction Payables
ProceedsFromPaymentsToConstructionPayables
-6440000 usd
avb Proceeds From Payments To Construction Payables
ProceedsFromPaymentsToConstructionPayables
22956000 usd
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
502808000 usd
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
359477000 usd
us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
65913000 usd
us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
47616000 usd
us-gaap Proceeds From Sale And Collection Of Notes Receivable
ProceedsFromSaleAndCollectionOfNotesReceivable
237000 usd
us-gaap Proceeds From Sale And Collection Of Notes Receivable
ProceedsFromSaleAndCollectionOfNotesReceivable
230000 usd
us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
7178000 usd
us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
5385000 usd
us-gaap Payments To Acquire Businesses And Interest In Affiliates
PaymentsToAcquireBusinessesAndInterestInAffiliates
9367000 usd
us-gaap Payments To Acquire Businesses And Interest In Affiliates
PaymentsToAcquireBusinessesAndInterestInAffiliates
13645000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-682589000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-582864000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
7232000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
494810000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1911000 usd
us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
720136000 usd
us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
688486000 usd
avb Proceeds From Repayments Of Long Term Line Of Credit And Commercial Paper
ProceedsFromRepaymentsOfLongTermLineOfCreditAndCommercialPaper
0 usd
avb Proceeds From Repayments Of Long Term Line Of Credit And Commercial Paper
ProceedsFromRepaymentsOfLongTermLineOfCreditAndCommercialPaper
69989000 usd
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
9131000 usd
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
45700000 usd
us-gaap Proceeds From Unsecured Notes Payable
ProceedsFromUnsecuredNotesPayable
398788000 usd
us-gaap Proceeds From Unsecured Notes Payable
ProceedsFromUnsecuredNotesPayable
0 usd
us-gaap Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
0 usd
us-gaap Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
400000000 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
3762000 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
662000 usd
us-gaap Payments For Proceeds From Hedge Financing Activities
PaymentsForProceedsFromHedgeFinancingActivities
-16839000 usd
us-gaap Payments For Proceeds From Hedge Financing Activities
PaymentsForProceedsFromHedgeFinancingActivities
0 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
16602000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
10529000 usd
avb Payments For Redemption Of Noncontrolling Interests Distribution To Joint Ventures And Preferred Equity Redemption And Dividends
PaymentsForRedemptionOfNoncontrollingInterestsDistributionToJointVenturesAndPreferredEquityRedemptionAndDividends
8187000 usd
avb Payments For Redemption Of Noncontrolling Interests Distribution To Joint Ventures And Preferred Equity Redemption And Dividends
PaymentsForRedemptionOfNoncontrollingInterestsDistributionToJointVenturesAndPreferredEquityRedemptionAndDividends
2628000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-334959000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-585117000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
261517000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
45861000 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
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
792477000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
780106000 usd
us-gaap Interest Paid Net
InterestPaidNet
135420000 usd
us-gaap Interest Paid Net
InterestPaidNet
130680000 usd
CY2024Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
552356000 usd
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
508571000 usd
CY2024Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
240121000 usd
CY2023Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
271535000 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
792477000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
780106000 usd
us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
2777 shares
us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
521000 usd
us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
93181 shares
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
16643000 usd
us-gaap Stock Issued During Period Value Share Based Compensation Forfeited
StockIssuedDuringPeriodValueShareBasedCompensationForfeited
732000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
12308000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
197000 usd
us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
2577 shares
us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
463000 usd
us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
62482 shares
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
10559000 usd
us-gaap Stock Issued During Period Value Share Based Compensation Forfeited
StockIssuedDuringPeriodValueShareBasedCompensationForfeited
413000 usd
us-gaap Increase Decrease In Derivative Assets
IncreaseDecreaseInDerivativeAssets
23988000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-1062000 usd
CY2024Q3 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
305 community
CY2024Q3 us-gaap Number Of Units In Real Estate Property
NumberOfUnitsInRealEstateProperty
92908 home
CY2024Q3 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
12 state
CY2024Q3 avb Number Of Owned Communities Under Construction
NumberOfOwnedCommunitiesUnderConstruction
19 community
CY2024Q3 avb Additional Number Of Communities Expected To Be Developed
AdditionalNumberOfCommunitiesExpectedToBeDeveloped
28 community
CY2024Q3 avb Estimated Number Of Apartment Homes In Communities Expected To Be Developed
EstimatedNumberOfApartmentHomesInCommunitiesExpectedToBeDeveloped
9091 home
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
142038838 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
141838841 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
141981920 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
141128506 shares
CY2024Q3 us-gaap Weighted Average Number Of Limited Partnership And General Partnership Unit Outstanding Basic And Diluted
WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted
0 shares
CY2023Q3 us-gaap Weighted Average Number Of Limited Partnership And General Partnership Unit Outstanding Basic And Diluted
WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted
0 shares
us-gaap Weighted Average Number Of Limited Partnership And General Partnership Unit Outstanding Basic And Diluted
WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted
0 shares
us-gaap Weighted Average Number Of Limited Partnership And General Partnership Unit Outstanding Basic And Diluted
WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted
4670 shares
CY2024Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
477846 shares
CY2023Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
359258 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
394514 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
315499 shares
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
142516684 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
142198099 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
142376434 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
141448675 shares
CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
372519000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
172031000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
799902000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
686856000 usd
CY2024Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
706000 usd
CY2023Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
309000 usd
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
1537000 usd
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
1229000 usd
CY2024Q3 us-gaap Undistributed Earnings
UndistributedEarnings
371813000 usd
CY2023Q3 us-gaap Undistributed Earnings
UndistributedEarnings
171722000 usd
us-gaap Undistributed Earnings
UndistributedEarnings
798365000 usd
us-gaap Undistributed Earnings
UndistributedEarnings
685627000 usd
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
142038838 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
141838841 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
141981920 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
141128506 shares
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.62
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.21
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.62
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.86
CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
372519000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
172031000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
799902000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
686856000 usd
CY2024Q3 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
0 usd
CY2023Q3 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
0 usd
us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
0 usd
us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
-25000 usd
CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
372519000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
172031000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
799902000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
686881000 usd
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
142516684 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
142198099 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
142376434 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
141448675 shares
CY2024Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.61
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.21
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.62
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.86
us-gaap Use Of Estimates
UseOfEstimates
<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Use of Estimates</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with GAAP requires management to make certain estimates and assumptions. These estimates and assumptions affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the financial statements and the reported amounts of revenue and expenses during the reporting periods. Actual results could differ from those estimates.</span></div>
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Reclassifications</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain reclassifications have been made to amounts in prior years' financial statements and notes to the financial statements to conform to current year presentations as a result of changes in held for sale classification, disposition activity and segment classification.</span></div>
CY2024Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
782000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
698000 usd
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4372000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7715000 usd
us-gaap Revenue Recognition Leases
RevenueRecognitionLeases
<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Uncollectible Lease Revenue Reserves</span></div><div><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company assesses the collectability of its lease revenue and receivables on an ongoing basis by (i) assessing the probability of receiving all lease amounts due on a lease-by-lease basis, (ii) fully reserving for 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, the Company also evaluates its lease receivables for collectability at a portfolio level. The Company recognizes a reserve on a portfolio level when the uncollectible revenue is probable and reasonably estimable. The Company applies this reserve to the Company’s revenue and receivables not addressed as part of the specific 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 $11,669,000 and $13,363,000 for the three months ended September 30, 2024 and 2023, respectively, and $35,450,000 and $43,667,000 for the nine months ended September 30, 2024 and 2023.</span></div>
CY2024Q3 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
11669000 usd
CY2023Q3 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
13363000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
35450000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
43667000 usd
CY2024Q3 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
10348000 usd
CY2023Q3 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
12170000 usd
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
33146000 usd
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
34794000 usd
CY2024Q3 us-gaap Line Of Credit
LineOfCredit
0 usd
CY2023Q4 us-gaap Line Of Credit
LineOfCredit
0 usd
CY2024Q3 us-gaap Commercial Paper
CommercialPaper
0 usd
CY2023Q4 us-gaap Commercial Paper
CommercialPaper
0 usd
CY2024Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
8434910000 usd
CY2024Q3 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.035
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
8044042000 usd
CY2023Q4 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.035
CY2024Q3 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
59648000 usd
CY2023Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
62220000 usd
CY2024Q3 us-gaap Long Term Debt
LongTermDebt
8375262000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
7981822000 usd
CY2024Q3 us-gaap Line Of Credit
LineOfCredit
0 usd
CY2023Q4 us-gaap Line Of Credit
LineOfCredit
0 usd
CY2024Q3 avb Commercial Paper Maximum Borrowing Capacity
CommercialPaperMaximumBorrowingCapacity
500000000 usd
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
280000000 shares
CY2024Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
280000000 shares
CY2023Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2024Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
32605 shares
us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
2777 shares
us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
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us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
93181 shares
CY2024Q3 us-gaap Forward Contract Indexed To Issuers Equity Shares
ForwardContractIndexedToIssuersEquityShares
3680000 shares
CY2024Q3 us-gaap Forward Contract Indexed To Issuers Equity Forward Rate
ForwardContractIndexedToIssuersEquityForwardRate
226.52
CY2024Q3 avb Forward Contract Indexed To Issuers Equity Net Proceeds
ForwardContractIndexedToIssuersEquityNetProceeds
808606000 usd
CY2024Q3 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
0 shares
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
0 shares
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
11800 shares
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
161.96
CY2024Q3 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
314237000 usd
CY2024Q3 avb Other Commitments Number Of Sip Commitments
OtherCommitmentsNumberOfSIPCommitments
7 commitment
CY2024Q3 us-gaap Other Commitment
OtherCommitment
191585000 usd
CY2024Q3 avb Other Commitments Weighted Average Rate Of Return
OtherCommitmentsWeightedAverageRateOfReturn
0.115
CY2024Q3 avb Other Commitment Outstanding Funding
OtherCommitmentOutstandingFunding
162373000 usd
CY2024Q3 avb Long Term Construction Loan Maximum Borrowing Capacity Guarantee Percentage
LongTermConstructionLoanMaximumBorrowingCapacityGuaranteePercentage
0.30
CY2024Q3 avb Long Term Construction Loan Maximum Borrowing Capacity Guarantee Percentage
LongTermConstructionLoanMaximumBorrowingCapacityGuaranteePercentage
0.30
CY2024Q3 avb Long Term Construction Loan Guarantee Payment Reimbursement By Partner Percentage
LongTermConstructionLoanGuaranteePaymentReimbursementByPartnerPercentage
0.75
CY2024Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1573000 usd
CY2023Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-18959000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-7235000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-23212000 usd
avb Number Of Development Rights No Longer Probable
NumberOfDevelopmentRightsNoLongerProbable
3 developmentright
CY2024Q3 avb Number Of Communities Held For Sale
NumberOfCommunitiesHeldForSale
2 community
CY2023Q4 avb Loss Contingency Number Of Other Defendants
LossContingencyNumberOfOtherDefendants
14 defendant
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
155600000 usd
CY2024Q3 avb Number Of Office Leases
NumberOfOfficeLeases
15 lease
CY2024Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
128796000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
106146000 usd
CY2024Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
155435000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
133220000 usd
CY2024Q3 us-gaap Operating Lease Expense
OperatingLeaseExpense
4166000 usd
CY2023Q3 us-gaap Operating Lease Expense
OperatingLeaseExpense
4081000 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
12543000 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
12167000 usd
CY2024Q3 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
28198000 usd
CY2023Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
28528000 usd
CY2024Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
19965000 usd
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
20012000 usd
CY2023Q3 avb Other Operating Expenses Additional Shared Services
OtherOperatingExpensesAdditionalSharedServices
3133000 usd
avb Other Operating Expenses Additional Shared Services
OtherOperatingExpensesAdditionalSharedServices
9429000 usd
CY2024Q3 us-gaap Profit Loss
ProfitLoss
372519000 usd
CY2023Q3 us-gaap Profit Loss
ProfitLoss
171790000 usd
us-gaap Profit Loss
ProfitLoss
800083000 usd
us-gaap Profit Loss
ProfitLoss
686372000 usd
CY2024Q3 avb Indirect Operating Expenses Net Of Corporate Income
IndirectOperatingExpensesNetOfCorporateIncome
40149000 usd
avb Indirect Operating Expenses Net Of Corporate Income
IndirectOperatingExpensesNetOfCorporateIncome
112906000 usd
avb Indirect Operating Expenses Net Of Corporate Income
IndirectOperatingExpensesNetOfCorporateIncome
99606000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-7235000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-23212000 usd
us-gaap Interest Expense
InterestExpense
167613000 usd
us-gaap Interest Expense
InterestExpense
156521000 usd
CY2024Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
CY2023Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-150000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-150000 usd
CY2024Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
20089000 usd
CY2023Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
20466000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
60006000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
58542000 usd
CY2024Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
30720000 usd
CY2023Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1930000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
46389000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
11745000 usd
CY2024Q3 us-gaap Depreciation
Depreciation
212122000 usd
CY2023Q3 us-gaap Depreciation
Depreciation
200982000 usd
us-gaap Depreciation
Depreciation
631314000 usd
us-gaap Depreciation
Depreciation
606271000 usd
CY2024Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
782000 usd
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4372000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
698000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7715000 usd
CY2024Q3 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 usd
CY2023Q3 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
3499000 usd
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
2935000 usd
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
8550000 usd
CY2024Q3 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
172973000 usd
CY2023Q3 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
22121000 usd
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
241459000 usd
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
209430000 usd
CY2024Q3 us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
314000 usd
CY2023Q3 us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
237000 usd
us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
636000 usd
us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
707000 usd
CY2024Q3 avb Disposal Group Not Discontinued Operation Net Operating Income From Assets Held For Sale Not Classified As Discontinued Operations
DisposalGroupNotDiscontinuedOperationNetOperatingIncomeFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
2036000 usd
CY2023Q3 avb Disposal Group Not Discontinued Operation Net Operating Income From Assets Held For Sale Not Classified As Discontinued Operations
DisposalGroupNotDiscontinuedOperationNetOperatingIncomeFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
10537000 usd
avb Disposal Group Not Discontinued Operation Net Operating Income From Assets Held For Sale Not Classified As Discontinued Operations
DisposalGroupNotDiscontinuedOperationNetOperatingIncomeFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
18501000 usd
avb Disposal Group Not Discontinued Operation Net Operating Income From Assets Held For Sale Not Classified As Discontinued Operations
DisposalGroupNotDiscontinuedOperationNetOperatingIncomeFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
39005000 usd
CY2024Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
496960000 usd
CY2023Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
467062000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
1475805000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
1386052000 usd
CY2024Q3 avb Revenue From Assets Held For Sale Not Classified As Discontinued Operations
RevenueFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
3258000 usd
CY2023Q3 avb Revenue From Assets Held For Sale Not Classified As Discontinued Operations
RevenueFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
15787000 usd
avb Revenue From Assets Held For Sale Not Classified As Discontinued Operations
RevenueFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
28300000 usd
avb Revenue From Assets Held For Sale Not Classified As Discontinued Operations
RevenueFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
58154000 usd
CY2024Q3 avb Operating Expenses From Assets Held For Sale Not Classified As Discontinued Operations
OperatingExpensesFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
1222000 usd
CY2023Q3 avb Operating Expenses From Assets Held For Sale Not Classified As Discontinued Operations
OperatingExpensesFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
5250000 usd
avb Operating Expenses From Assets Held For Sale Not Classified As Discontinued Operations
OperatingExpensesFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
9799000 usd
avb Operating Expenses From Assets Held For Sale Not Classified As Discontinued Operations
OperatingExpensesFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
19149000 usd
CY2024Q3 avb Disposal Group Not Discontinued Operation Net Operating Income From Assets Held For Sale Not Classified As Discontinued Operations
DisposalGroupNotDiscontinuedOperationNetOperatingIncomeFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
2036000 usd
CY2023Q3 avb Disposal Group Not Discontinued Operation Net Operating Income From Assets Held For Sale Not Classified As Discontinued Operations
DisposalGroupNotDiscontinuedOperationNetOperatingIncomeFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
10537000 usd
avb Disposal Group Not Discontinued Operation Net Operating Income From Assets Held For Sale Not Classified As Discontinued Operations
DisposalGroupNotDiscontinuedOperationNetOperatingIncomeFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
18501000 usd
avb Disposal Group Not Discontinued Operation Net Operating Income From Assets Held For Sale Not Classified As Discontinued Operations
DisposalGroupNotDiscontinuedOperationNetOperatingIncomeFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
39005000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
1475805000 usd
CY2024Q3 avb Real Estate Gross At Carrying Value Excluding Gross Real Estate Assets Held For Sale
RealEstateGrossAtCarryingValueExcludingGrossRealEstateAssetsHeldForSale
27522745000 usd
CY2023Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
467062000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
1386052000 usd
CY2023Q3 avb Real Estate Gross At Carrying Value Excluding Gross Real Estate Assets Held For Sale
RealEstateGrossAtCarryingValueExcludingGrossRealEstateAssetsHeldForSale
25954522000 usd
CY2024Q3 avb Real Estate Held For Sale Gross
RealEstateHeldForSaleGross
68263000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
20338000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
22112000 usd
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
9183000 usd
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
9269000 usd
CY2024Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1716000 usd
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1934000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5342000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5712000 usd
us-gaap Payments For Proceeds From Hedge Financing Activities
PaymentsForProceedsFromHedgeFinancingActivities
-16839000 usd
avb Derivative Notional Amounts Entered Into During Period
DerivativeNotionalAmountsEnteredIntoDuringPeriod
50000000 usd
CY2024Q3 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

Files In Submission

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0000915912-24-000021-index.html Edgar Link pending
0000915912-24-000021.txt Edgar Link pending
0000915912-24-000021-xbrl.zip Edgar Link pending
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