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CONSOLIDATED STATEMENT OF CHANGES IN EQUITY - USD ($)
$ in Thousands
Total
Common Shares
Additional Paid in Capital
Common Shares Held in Rabbi Trust
Accumulated Earnings and Dividends
Accumulated Other Comprehensive (Loss) Income
Noncontrolling Interests – Partially Owned Properties
Noncontrolling interests – partially owned properties
AMERICAN CAMPUS COMMUNITIES OPERATING PARTNERSHIP LP
AMERICAN CAMPUS COMMUNITIES OPERATING PARTNERSHIP LP
Accumulated Other Comprehensive (Loss) Income
AMERICAN CAMPUS COMMUNITIES OPERATING PARTNERSHIP LP
Noncontrolling Interests – Partially Owned Properties
Noncontrolling interests – partially owned properties
General Partner
AMERICAN CAMPUS COMMUNITIES OPERATING PARTNERSHIP LP
Limited Partner
AMERICAN CAMPUS COMMUNITIES OPERATING PARTNERSHIP LP
Equity, Beginning (in shares) at Dec. 31, 2018   136,967,286                    
Equity, Beginning at Dec. 31, 2018 $ 3,546,801 $ 1,370 $ 4,458,240 $ (3,092) $ (971,070) $ (4,397) $ 65,750          
Capital, Beginning (in units) at Dec. 31, 2018                     12,222 137,024,667
Capital, Beginning at Dec. 31, 2018               $ 3,546,801 $ (4,397) $ 65,750 $ 55 $ 3,485,393
Equity, Beginning (in shares) at Dec. 31, 2018       69,603                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Adjustments to reflect redeemable noncontrolling interests at fair value (2,547)   (2,547)         (2,547)       (2,547)
Amortization of restricted stock awards and vesting of restricted stock units 3,765   3,765         3,765       $ 3,765
Vesting of restricted stock awards (in shares)   180,961                   180,961
Vesting of restricted stock awards (3,831)   (3,831)         (3,831)       $ (3,831)
Distributions to common and restricted unit holders and other               (63,611)     (6) $ (63,605)
Distributions to common and restricted stockholders/unit holders and other (63,611)       (63,611)              
Contributions by noncontrolling interests - partially owned properties 625           625 625   625    
Distributions to noncontrolling interests - partially owned properties (3,661)           (3,661) (3,661)   (3,661)    
Conversion of common and preferred operating partnership units to common stock (in shares)   42,271                   42,271
Conversion of common and preferred operating partnership units to common stock 251   251         251       $ 251
Change in fair value of interest rate swaps and other (5,794)         (5,794)   (5,794) (5,794)      
Deposits (withdraws) to deferred compensation plan, net of withdraws (deposits) (in shares)   (1,829)   1,829                
Deposits (withdraws) to deferred compensation plan, net of withdraws (deposits)     70 $ (70)                
Net income 31,109       29,640   1,469 31,109   1,469 $ 3 $ 29,637
Equity, Ending (in shares) at Mar. 31, 2019   137,188,689                    
Equity, Ending (in shares) at Mar. 31, 2019       71,432                
Equity, Ending at Mar. 31, 2019 3,503,107 $ 1,370 4,455,948 $ (3,162) (1,005,041) (10,191) 64,183          
Capital, Ending (in units) at Mar. 31, 2019                     12,222 137,247,899
Capital, Ending at Mar. 31, 2019               3,503,107 (10,191) 64,183 $ 52 $ 3,449,063
Equity, Beginning (in shares) at Dec. 31, 2018   136,967,286                    
Equity, Beginning at Dec. 31, 2018 3,546,801 $ 1,370 4,458,240 $ (3,092) (971,070) (4,397) 65,750          
Capital, Beginning (in units) at Dec. 31, 2018                     12,222 137,024,667
Capital, Beginning at Dec. 31, 2018               3,546,801 (4,397) 65,750 $ 55 $ 3,485,393
Equity, Beginning (in shares) at Dec. 31, 2018       69,603                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Termination of interest rate swaps (13,159)                      
Equity, Ending (in shares) at Jun. 30, 2019   137,200,511                    
Equity, Ending (in shares) at Jun. 30, 2019       75,535                
Equity, Ending at Jun. 30, 2019 3,440,885 $ 1,372 4,460,412 $ (3,368) (1,059,633) (18,784) 60,886          
Capital, Ending (in units) at Jun. 30, 2019                     12,222 137,263,824
Capital, Ending at Jun. 30, 2019               3,440,885 (18,784) 60,886 $ 48 $ 3,398,735
Equity, Beginning (in shares) at Dec. 31, 2018   136,967,286                    
Equity, Beginning at Dec. 31, 2018 $ 3,546,801 $ 1,370 4,458,240 $ (3,092) (971,070) (4,397) 65,750          
Capital, Beginning (in units) at Dec. 31, 2018                     12,222 137,024,667
Capital, Beginning at Dec. 31, 2018               3,546,801 (4,397) 65,750 $ 55 $ 3,485,393
Equity, Beginning (in shares) at Dec. 31, 2018       69,603                
Equity, Ending (in shares) at Dec. 31, 2019   137,326,824                    
Equity, Ending (in shares) at Dec. 31, 2019 77,928     77,928                
Equity, Ending at Dec. 31, 2019 $ 3,338,674 $ 1,373 4,458,456 $ (3,486) (1,144,721) (16,946) 43,998          
Capital, Ending (in units) at Dec. 31, 2019                     12,222 137,392,530
Capital, Ending at Dec. 31, 2019               3,338,674 (16,946) 43,998 $ 40 $ 3,311,582
Equity, Beginning (in shares) at Mar. 31, 2019   137,188,689                    
Equity, Beginning at Mar. 31, 2019 3,503,107 $ 1,370 4,455,948 $ (3,162) (1,005,041) (10,191) 64,183          
Capital, Beginning (in units) at Mar. 31, 2019                     12,222 137,247,899
Capital, Beginning at Mar. 31, 2019               3,503,107 (10,191) 64,183 $ 52 $ 3,449,063
Equity, Beginning (in shares) at Mar. 31, 2019       71,432                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Adjustments to reflect redeemable noncontrolling interests at fair value 660   660         660       $ 660
Amortization of restricted stock awards and vesting of restricted stock units (in units)   15,925                   15,925
Amortization of restricted stock awards and vesting of restricted stock units 3,744   3,744         3,744       $ 3,744
Vesting of restricted stock awards (144) $ 2 (146)         (144)       (144)
Distributions to common and restricted unit holders and other               (64,978)     (5) (64,973)
Distributions to common and restricted stockholders/unit holders and other (64,978)       (64,978)              
Contributions by noncontrolling interests - partially owned properties 79           79 79   79    
Distributions to noncontrolling interests - partially owned properties (3,037)           (3,037) (3,037)   (3,037)    
Change in fair value of interest rate swaps and other 4,566         4,566   4,566 4,566      
Termination of interest rate swaps (13,159)         (13,159)   (13,159) (13,159)      
Deposits (withdraws) to deferred compensation plan, net of withdraws (deposits) (in shares)   (4,103)   4,103                
Deposits (withdraws) to deferred compensation plan, net of withdraws (deposits)     206 $ (206)                
Net income 10,047       10,386   (339) 10,047   (339) $ 1 $ 10,385
Equity, Ending (in shares) at Jun. 30, 2019   137,200,511                    
Equity, Ending (in shares) at Jun. 30, 2019       75,535                
Equity, Ending at Jun. 30, 2019 3,440,885 $ 1,372 4,460,412 $ (3,368) (1,059,633) (18,784) 60,886          
Capital, Ending (in units) at Jun. 30, 2019                     12,222 137,263,824
Capital, Ending at Jun. 30, 2019               3,440,885 (18,784) 60,886 $ 48 $ 3,398,735
Equity, Beginning (in shares) at Dec. 31, 2019   137,326,824                    
Equity, Beginning at Dec. 31, 2019 $ 3,338,674 $ 1,373 4,458,456 $ (3,486) (1,144,721) (16,946) 43,998          
Capital, Beginning (in units) at Dec. 31, 2019                     12,222 137,392,530
Capital, Beginning at Dec. 31, 2019               3,338,674 (16,946) 43,998 $ 40 $ 3,311,582
Equity, Beginning (in shares) at Dec. 31, 2019 77,928     77,928                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Adjustments to reflect redeemable noncontrolling interests at fair value $ 9,490   9,490         9,490       9,490
Amortization of restricted stock awards and vesting of restricted stock units 3,988   3,988         3,988       $ 3,988
Vesting of restricted stock awards (in shares)   199,695                   199,695
Vesting of restricted stock awards (4,155) $ 2 (4,157)         (4,155)       $ (4,155)
Distributions to common and restricted unit holders and other               (65,242)     (6) (65,236)
Distributions to common and restricted stockholders/unit holders and other (65,242)       (65,242)              
Distributions to noncontrolling interests - partially owned properties (2,566)           (2,566) (2,566)   (2,566)    
Change in fair value of interest rate swaps and other (9,801)         (9,801)   (9,801) (9,801)      
Deposits (withdraws) to deferred compensation plan, net of withdraws (deposits) (in shares)   (3,488)   3,488                
Deposits (withdraws) to deferred compensation plan, net of withdraws (deposits)     129 $ (129)                
Net income 81,750       80,855   895 81,750   895 $ 7 $ 80,848
Equity, Ending (in shares) at Mar. 31, 2020   137,523,031                    
Equity, Ending (in shares) at Mar. 31, 2020       81,416                
Equity, Ending at Mar. 31, 2020 3,352,138 $ 1,375 4,467,906 $ (3,615) (1,129,108) (26,747) 42,327          
Capital, Ending (in units) at Mar. 31, 2020                     12,222 137,592,225
Capital, Ending at Mar. 31, 2020               3,352,138 (26,747) 42,327 $ 41 $ 3,336,517
Equity, Beginning (in shares) at Dec. 31, 2019   137,326,824                    
Equity, Beginning at Dec. 31, 2019 $ 3,338,674 $ 1,373 4,458,456 $ (3,486) (1,144,721) (16,946) 43,998          
Capital, Beginning (in units) at Dec. 31, 2019                     12,222 137,392,530
Capital, Beginning at Dec. 31, 2019               3,338,674 (16,946) 43,998 $ 40 $ 3,311,582
Equity, Beginning (in shares) at Dec. 31, 2019 77,928     77,928                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Termination of interest rate swaps $ 0                      
Equity, Ending (in shares) at Jun. 30, 2020   137,540,345                    
Equity, Ending (in shares) at Jun. 30, 2020 91,746     91,746                
Equity, Ending at Jun. 30, 2020 $ 3,271,030 $ 1,375 4,469,251 $ (3,951) (1,207,645) (26,465) 38,465          
Capital, Ending (in units) at Jun. 30, 2020                     12,222 137,619,869
Capital, Ending at Jun. 30, 2020               3,271,030 (26,465) 38,465 $ 35 $ 3,258,995
Equity, Beginning (in shares) at Mar. 31, 2020   137,523,031                    
Equity, Beginning at Mar. 31, 2020 3,352,138 $ 1,375 4,467,906 $ (3,615) (1,129,108) (26,747) 42,327          
Capital, Beginning (in units) at Mar. 31, 2020                     12,222 137,592,225
Capital, Beginning at Mar. 31, 2020               3,352,138 (26,747) 42,327 $ 41 $ 3,336,517
Equity, Beginning (in shares) at Mar. 31, 2020       81,416                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Adjustments to reflect redeemable noncontrolling interests at fair value (3,410)   (3,410)         (3,410)       $ (3,410)
Amortization of restricted stock awards and vesting of restricted stock units (in units)   27,644                   27,644
Amortization of restricted stock awards and vesting of restricted stock units 4,439   4,439         4,439       $ 4,439
Vesting of restricted stock awards (20)   (20)         (20)       (20)
Distributions to common and restricted unit holders and other               (65,193)     (5) (65,188)
Distributions to common and restricted stockholders/unit holders and other (65,193)       (65,193)              
Distributions to noncontrolling interests - partially owned properties (1,816)           (1,816) (1,816)   (1,816)    
Change in fair value of interest rate swaps and other 282         282   282 282      
Termination of interest rate swaps 0                      
Deposits (withdraws) to deferred compensation plan, net of withdraws (deposits) (in shares)   (10,330)   10,330                
Deposits (withdraws) to deferred compensation plan, net of withdraws (deposits)     336 $ (336)                
Net income $ (15,390)       (13,344)   (2,046) (15,390)   (2,046) $ (1) $ (13,343)
Equity, Ending (in shares) at Jun. 30, 2020   137,540,345                    
Equity, Ending (in shares) at Jun. 30, 2020 91,746     91,746                
Equity, Ending at Jun. 30, 2020 $ 3,271,030 $ 1,375 $ 4,469,251 $ (3,951) $ (1,207,645) $ (26,465) $ 38,465          
Capital, Ending (in units) at Jun. 30, 2020                     12,222 137,619,869
Capital, Ending at Jun. 30, 2020               $ 3,271,030 $ (26,465) $ 38,465 $ 35 $ 3,258,995