AVB · As filed with the SEC
Avalonbay Communities balance sheet, by quarter
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.
CONDENSED CONSOLIDATED BALANCE SHEETS · USD thousands
| USD thousands | Q2 2026 Jun 30, 2026 | Q1 2026 Mar 31, 2026 | Q4 2025 Dec 31, 2025 | Q3 2025 Sep 30, 2025 | Q2 2025 Jun 30, 2025 | Q1 2025 Mar 31, 2025 | Q4 2024 Dec 31, 2024 | Q3 2024 Sep 30, 2024 |
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Real estate: | ||||||||
| Land and improvements | 5,007,247 | 4,989,148 | 4,960,568 | 4,924,925 | 4,893,199 | 4,903,886 | 4,888,146 | 4,854,683 |
| Buildings and improvements | 21,628,963 | 21,444,491 | 21,252,137 | 21,027,361 | 20,727,161 | 20,625,788 | 20,454,276 | 20,070,553 |
| Furniture, fixtures and equipment | 1,642,780 | 1,596,077 | 1,546,813 | 1,505,473 | 1,456,106 | 1,426,015 | 1,387,506 | 1,354,107 |
| Gross operating real estate | 28,278,990 | 28,029,716 | 27,759,518 | 27,457,759 | 27,076,466 | 26,955,689 | 26,729,928 | 26,279,343 |
| Less accumulated depreciation | (9,116,539) | (8,914,545) | (8,686,084) | (8,555,747) | (8,416,462) | (8,351,624) | (8,164,411) | (7,990,115) |
| Net operating real estate | 19,162,451 | 19,115,171 | 19,073,434 | 18,902,012 | 18,660,004 | 18,604,065 | 18,565,517 | 18,289,228 |
| Construction in progress, including land | 1,668,998 | 1,575,669 | 1,458,795 | 1,428,609 | 1,399,174 | 1,198,280 | 1,042,673 | 1,088,496 |
| Land held for development | 101,508 | 135,134 | 123,751 | 126,050 | 101,066 | 141,978 | 151,922 | 154,906 |
| Real estate assets held for sale, net | 41,942 | 0 | 150,262 | 69,578 | 334,245 | 58,141 | 6,950 | 37,088 |
| Total real estate, net | 20,974,899 | 20,825,974 | 20,806,242 | 20,526,249 | 20,494,489 | 20,002,464 | 19,767,062 | 19,569,718 |
| Cash and cash equivalents | 80,682 | 121,231 | 187,234 | 123,313 | 102,825 | 53,255 | 108,576 | 552,356 |
| Restricted cash | 165,436 | 169,863 | 165,849 | 198,578 | 192,547 | 165,852 | 158,500 | 240,121 |
| Unconsolidated investments | 199,046 | 193,271 | 193,441 | 206,185 | 227,207 | 226,622 | 227,320 | 227,831 |
| Deferred development costs | 75,440 | 68,765 | 73,237 | 101,523 | 64,221 | 54,454 | 43,675 | 49,620 |
| Prepaid expenses and other assets | 660,707 | 602,145 | 618,597 | 643,790 | 605,741 | 559,329 | 540,950 | 511,771 |
| Right of use lease assets | 144,141 | 145,704 | 147,537 | 149,594 | 150,915 | 153,738 | 154,654 | 156,994 |
| Total assets | 22,300,351 | 22,126,953 | 22,192,137 | 21,949,232 | 21,837,945 | 21,215,714 | 21,000,737 | 21,308,411 |
| LIABILITIES AND EQUITY | ||||||||
| Unsecured debt, net | 7,408,395 | 7,881,320 | 7,879,380 | 7,780,713 | 7,285,235 | 7,360,607 | 7,358,784 | 7,656,910 |
| Variable rate unsecured credit facility and commercial paper, net | 915,786 | 769,722 | 739,608 | 234,981 | 664,637 | 224,942 | 0 | 0 |
| Mortgage notes payable, net | 700,599 | 709,176 | 709,564 | 709,942 | 710,223 | 717,888 | 718,465 | 718,352 |
| Dividends payable | 256,954 | 251,694 | 250,548 | 252,757 | 253,107 | 251,378 | 244,967 | 244,519 |
| Payables for construction | 113,585 | 107,546 | 92,267 | 97,905 | 101,619 | 82,554 | 85,954 | 81,263 |
| Accrued expenses and other liabilities | 385,901 | 391,768 | 391,973 | 406,542 | 361,219 | 351,872 | 356,987 | 402,590 |
| Lease liabilities | 162,444 | 163,517 | 165,200 | 167,826 | 169,319 | 172,226 | 173,282 | 175,401 |
| Accrued interest payable | 65,814 | 76,415 | 68,591 | 75,834 | 58,667 | 75,101 | 58,377 | 80,225 |
| Resident security deposits | 62,215 | 61,174 | 60,689 | 61,237 | 63,621 | 62,863 | 62,829 | 64,267 |
| Total liabilities | 10,071,693 | 10,412,332 | 10,357,820 | 9,787,737 | 9,667,647 | 9,299,431 | 9,059,645 | 9,423,527 |
| Redeemable noncontrolling interests | — | — | — | — | — | — | 0 | 0 |
| Equity: | ||||||||
| Preferred stock, $0.01 par value; $25 liquidation preference; 50,000,000 shares authorized at June 30, 2026 and December 31, 2025; zero shares issued and outstanding at June 30, 2026 and December 31, 2025 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Common stock, $0.01 par value; 280,000,000 shares authorized at June 30, 2026 and December 31, 2025; 141,875,567 and 140,080,657 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively | 1,419 | 1,391 | 1,401 | 1,415 | 1,423 | 1,423 | 1,422 | 1,422 |
| Additional paid-in capital | 11,739,908 | 11,117,451 | 11,212,296 | 11,271,388 | 11,323,160 | 11,307,940 | 11,314,116 | 11,303,799 |
| Accumulated earnings less dividends | 242,188 | 339,630 | 371,157 | 638,898 | 595,535 | 576,486 | 591,250 | 551,436 |
| Accumulated other comprehensive income | 38,896 | 32,453 | 26,486 | 26,214 | 27,601 | 30,434 | 34,304 | 28,227 |
| Total stockholders' equity | 12,022,411 | 11,490,925 | 11,611,340 | 11,937,915 | 11,947,719 | — | — | — |
| Noncontrolling interests | 206,247 | 223,696 | 222,977 | 223,580 | 222,579 | — | — | — |
| Total equity | 12,228,658 | 11,714,621 | 11,834,317 | 12,161,495 | 12,170,298 | 11,916,283 | 11,941,092 | 11,884,884 |
| Total liabilities and equity | 22,300,351 | 22,126,953 | 22,192,137 | 21,949,232 | 21,837,945 | 21,215,714 | 21,000,737 | 21,308,411 |
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.