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 |
|---|---|---|---|---|
| ASSETS | ||||
| Real estate: | ||||
| Land and improvements | 5,007,247 | 4,989,148 | 4,960,568 | 4,924,925 |
| Buildings and improvements | 21,628,963 | 21,444,491 | 21,252,137 | 21,027,361 |
| Furniture, fixtures and equipment | 1,642,780 | 1,596,077 | 1,546,813 | 1,505,473 |
| Gross operating real estate | 28,278,990 | 28,029,716 | 27,759,518 | 27,457,759 |
| Less accumulated depreciation | (9,116,539) | (8,914,545) | (8,686,084) | (8,555,747) |
| Net operating real estate | 19,162,451 | 19,115,171 | 19,073,434 | 18,902,012 |
| Construction in progress, including land | 1,668,998 | 1,575,669 | 1,458,795 | 1,428,609 |
| Land held for development | 101,508 | 135,134 | 123,751 | 126,050 |
| Real estate assets held for sale, net | 41,942 | 0 | 150,262 | 69,578 |
| Total real estate, net | 20,974,899 | 20,825,974 | 20,806,242 | 20,526,249 |
| Cash and cash equivalents | 80,682 | 121,231 | 187,234 | 123,313 |
| Restricted cash | 165,436 | 169,863 | 165,849 | 198,578 |
| Unconsolidated investments | 199,046 | 193,271 | 193,441 | 206,185 |
| Deferred development costs | 75,440 | 68,765 | 73,237 | 101,523 |
| Prepaid expenses and other assets | 660,707 | 602,145 | 618,597 | 643,790 |
| Right of use lease assets | 144,141 | 145,704 | 147,537 | 149,594 |
| Total assets | 22,300,351 | 22,126,953 | 22,192,137 | 21,949,232 |
| LIABILITIES AND EQUITY | ||||
| Unsecured debt, net | 7,408,395 | 7,881,320 | 7,879,380 | 7,780,713 |
| Variable rate unsecured credit facility and commercial paper, net | 915,786 | 769,722 | 739,608 | 234,981 |
| Mortgage notes payable, net | 700,599 | 709,176 | 709,564 | 709,942 |
| Dividends payable | 256,954 | 251,694 | 250,548 | 252,757 |
| Payables for construction | 113,585 | 107,546 | 92,267 | 97,905 |
| Accrued expenses and other liabilities | 385,901 | 391,768 | 391,973 | 406,542 |
| Lease liabilities | 162,444 | 163,517 | 165,200 | 167,826 |
| Accrued interest payable | 65,814 | 76,415 | 68,591 | 75,834 |
| Resident security deposits | 62,215 | 61,174 | 60,689 | 61,237 |
| Total liabilities | 10,071,693 | 10,412,332 | 10,357,820 | 9,787,737 |
| 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 |
| 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 |
| Additional paid-in capital | 11,739,908 | 11,117,451 | 11,212,296 | 11,271,388 |
| Accumulated earnings less dividends | 242,188 | 339,630 | 371,157 | 638,898 |
| Accumulated other comprehensive income | 38,896 | 32,453 | 26,486 | 26,214 |
| Total stockholders' equity | 12,022,411 | 11,490,925 | 11,611,340 | 11,937,915 |
| Noncontrolling interests | 206,247 | 223,696 | 222,977 | 223,580 |
| Total equity | 12,228,658 | 11,714,621 | 11,834,317 | 12,161,495 |
| Total liabilities and equity | 22,300,351 | 22,126,953 | 22,192,137 | 21,949,232 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.