Quarterly Financial Information (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2019

Schedule of quarterly financial information

The information presented below represents the quarterly consolidated financial results of the Company for the years ended December 31, 2019 and 2018.



	2019
	1^st Quarter			2^nd Quarter		3^rd Quarter		4^th Quarter			Total
Total revenues	$	242,131		$	217,371	$	227,705	$	255,835		$	943,042
Operating income	58,999			37,841		27,307		55,743			179,890
Net income	31,368			10,210		19,336		25,848			86,762
Net (income) loss attributable to noncontrolling interests	(1,728		)	176		887		(1,128		)	(1,793		)
Net income attributable to ACC, Inc. and Subsidiaries common stockholders	$	29,640		$	10,386	$	20,223	$	24,720		$	84,969
Net income attributable to common stockholders per share - basic	$	0.21		$	0.07	$	0.14	$	0.18		$	0.61		⁽¹⁾
Net income attributable to common stockholders per share - diluted	$	0.21		$	0.07	$	0.14	$	0.18		$	0.60



	2018
	1^st Quarter			2^nd Quarter		3^rd Quarter			4^th Quarter			Total
Total revenues	$	220,409		$	201,059	$	213,469		$	245,873		$	880,810
Operating income	50,406			73,168		21,501			67,520			212,595
Net income (loss)	26,250			45,990		(2,737		)	49,621			119,124
Net (income) loss attributable to noncontrolling interests	(323		)	19		392			(2,117		)	(2,029		)
Net income (loss) attributable to ACC, Inc. and Subsidiaries common stockholders	$	25,927		$	46,009	$	(2,345	)	$	47,504		$	117,095
Net income (loss) attributable to common stockholders per share - basic	$	0.19		$	0.33	$	(0.02	)	$	0.34		$	0.84
Net income (loss) attributable to common stockholders per share - diluted	$	0.18		$	0.33	$	(0.02	)	$	0.34		$	0.84		⁽¹⁾


⁽¹⁾	Net income per share is computed independently for each of the periods presented. Therefore, the sum of quarterly net income per share amounts may not equal the total computed for the year.

AMERICAN CAMPUS COMMUNITIES OPERATING PARTNERSHIP LP

Document Information [Line Items]

Schedule of quarterly financial information

The information presented below represents the quarterly consolidated financial results of the Operating Partnership for the years ended December 31, 2019 and 2018.



	2019
	1^st Quarter			2^nd Quarter			3^rd Quarter			4^th Quarter			Total
Total revenues	$	242,131		$	217,371		$	227,705		$	255,835		$	943,042
Operating income	58,999			37,841			27,307			55,743			179,890
Net income	31,368			10,210			19,336			25,848			86,762
Net (income) loss attributable to noncontrolling interests	(1,568		)	230			970			(1,030		)	(1,398		)
Series A preferred unit distributions	(31		)	(9		)	(14		)	(14		)	(68		)
Net income available to common unitholders	$	29,769		$	10,431		$	20,292		$	24,804		$	85,296
Net income per unit attributable to common unitholders - basic	$	0.21		$	0.07		$	0.14		$	0.18		$	0.61		⁽¹⁾
Net income per unit attributable to common unitholders - diluted	$	0.21		$	0.07		$	0.14		$	0.18		$	0.60



	2018
	1^st Quarter			2^nd Quarter			3^rd Quarter			4^th Quarter			Total
Total revenues	$	220,409		$	201,059		$	213,469		$	245,873		$	880,810
Operating income	50,406			73,168			21,501			67,520			212,595
Net income (loss)	26,250			45,990			(2,737		)	49,621			119,124
Net (income) loss attributable to noncontrolling interests	(114		)	366			413			(1,880		)	(1,215		)
Series A preferred unit distributions	(31		)	(31		)	(31		)	(31		)	(124		)
Net income (loss) available to common unitholders	$	26,105		$	46,325		$	(2,355	)	$	47,710		$	117,785
Net income (loss) per unit attributable to common unitholders - basic	$	0.19		$	0.33		$	(0.02	)	$	0.34		$	0.85		⁽¹⁾
Net income (loss) per unit attributable to common unitholders - diluted	$	0.18		$	0.33		$	(0.02	)	$	0.34		$	0.84		⁽¹⁾

⁽¹⁾

Net income per share is computed independently for each of the periods presented. Therefore, the sum of quarterly net income per share amounts may not equal the total computed for the year.