AVB · As filed with the SEC
Avalonbay Communities balance sheet, by fiscal year
The statement as Avalonbay Communities presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
CONSOLIDATED BALANCE SHEETS · USD thousands
| USD thousands | FY2025 Dec 31, 2025 | FY2024 Dec 31, 2024 | FY2023 Dec 31, 2023 | FY2022 Dec 31, 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| Real estate: | ||||
| Land and improvements | 4,960,568 | 4,888,146 | 4,720,331 | 4,640,971 |
| Buildings and improvements | 21,252,137 | 20,454,276 | 19,438,195 | 18,804,510 |
| Furniture, fixtures and equipment | 1,546,813 | 1,387,506 | 1,303,959 | 1,174,135 |
| Gross operating real estate | 27,759,518 | 26,729,928 | 25,462,485 | 24,619,616 |
| Less accumulated depreciation | (8,686,084) | (8,164,411) | (7,557,614) | (6,878,556) |
| Net operating real estate | 19,073,434 | 18,565,517 | 17,904,871 | 17,741,060 |
| Construction in progress, including land | 1,458,795 | 1,042,673 | 1,268,915 | 1,072,543 |
| Land held for development | 123,751 | 151,922 | 199,062 | 179,204 |
| For-sale condominium inventory | — | — | — | 32,532 |
| Real estate assets held for sale, net | 150,262 | 6,950 | 0 | 0 |
| Total real estate, net | 20,806,242 | 19,767,062 | 19,372,848 | 19,025,339 |
| Cash and cash equivalents | 187,234 | 108,576 | 397,890 | 613,189 |
| Restricted cash | 165,849 | 158,500 | 133,070 | 121,056 |
| Resident security deposits | — | — | — | 36,815 |
| Unconsolidated investments | 193,441 | 227,320 | 220,145 | 212,084 |
| Deferred development costs | 73,237 | 43,675 | 53,122 | 58,489 |
| Prepaid expenses and other assets | 618,597 | 540,950 | 366,465 | 247,461 |
| Right of use lease assets | 147,537 | 154,654 | 134,674 | 143,331 |
| Total assets | 22,192,137 | 21,000,737 | 20,678,214 | 20,457,764 |
| LIABILITIES AND EQUITY | ||||
| Unsecured debt, net | 7,879,380 | 7,358,784 | 7,256,152 | 7,602,305 |
| Variable rate unsecured credit facility and commercial paper, net | 739,608 | 0 | 0 | 0 |
| Mortgage notes payable, net | 709,564 | 718,465 | 725,670 | 713,740 |
| Dividends payable | 250,548 | 244,967 | 238,072 | 226,022 |
| Payables for construction | 92,267 | 85,954 | 87,703 | 72,802 |
| Accrued expenses and other liabilities | 391,973 | 356,987 | 310,868 | 306,186 |
| Lease liabilities | 165,200 | 173,282 | 153,232 | 162,671 |
| Accrued interest payable | 68,591 | 58,377 | 57,911 | 54,100 |
| Resident security deposits | 60,689 | 62,829 | 63,815 | 63,700 |
| Liabilities related to real estate assets held for sale | — | — | — | 0 |
| Total liabilities | 10,357,820 | 9,059,645 | 8,893,423 | 9,201,526 |
| Redeemable noncontrolling interests | — | 0 | 1,473 | 2,685 |
| Equity: | ||||
| Preferred stock, $0.01 par value; $25 liquidation preference; 50,000,000 shares authorized at December 31, 2025 and December 31, 2024; zero shares issued and outstanding at December 31, 2025 and December 31, 2024 | 0 | 0 | 0 | 0 |
| Common stock, $0.01 par value; 280,000,000 shares authorized at December 31, 2025 and December 31, 2024; 140,080,657 and 142,254,022 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively | 1,401 | 1,422 | 1,420 | 1,400 |
| Additional paid-in capital | 11,212,296 | 11,314,116 | 11,287,549 | 10,765,431 |
| Accumulated earnings less dividends | 371,157 | 591,250 | 478,156 | 485,221 |
| Accumulated other comprehensive income | 26,486 | 34,304 | 16,116 | 1,424 |
| Total stockholders' equity | 11,611,340 | — | 11,783,241 | 11,253,476 |
| Noncontrolling interests | 222,977 | — | 77 | 77 |
| Total equity | 11,834,317 | 11,941,092 | 11,783,318 | 11,253,553 |
| Total liabilities and equity | 22,192,137 | 21,000,737 | 20,678,214 | 20,457,764 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.
Data on this page was fetched . The filing on SEC.gov is the record.