XML 22 R6.htm IDEA: XBRL DOCUMENT v3.24.0.1
CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Thousands
Total
Common stock
Additional paid-in capital
Accumulated earnings less dividends
Accumulated other comprehensive (loss) income
Total AvalonBay stockholders' equity
Noncontrolling interests
Beginning Balance (in shares) at Dec. 31, 2020   139,526,671          
Beginning Balance at Dec. 31, 2020 $ 10,752,174 $ 1,395 $ 10,664,416 $ 126,022 $ (40,250) $ 10,751,583 $ 591
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income attributable to common stockholders 1,004,299     1,004,299   1,004,299  
Gain on cash flow hedges, net 993       993 993  
Cash flow hedge losses reclassified to earnings 13,151       13,151 13,151  
Noncontrolling interest activity (1,047)     (1,022)   (1,022) (25)
Dividends declared to common stockholders (889,405)     (889,405)   (889,405)  
Issuance of common stock, net of withholdings (in shares)   225,255          
Issuance of common stock, net of withholdings $ 18,977 $ 3 18,047 927   18,977  
Repurchase of common stock, including repurchase costs (in shares) 0            
Stock-based compensation expense $ 33,951   33,951     33,951  
Ending Balance (in shares) at Dec. 31, 2021   139,751,926          
Ending Balance at Dec. 31, 2021 10,933,093 $ 1,398 10,716,414 240,821 (26,106) 10,932,527 566
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income attributable to common stockholders 1,136,775     1,136,775   1,136,775  
Gain on cash flow hedges, net 23,647       23,647 23,647  
Cash flow hedge losses reclassified to earnings 3,883       3,883 3,883  
Noncontrolling interest activity (594)     (105)   (105) (489)
Dividends declared to common stockholders (890,809)     (890,809)   (890,809)  
Issuance of common stock, net of withholdings (in shares)   164,938          
Issuance of common stock, net of withholdings $ 3,118 $ 2 4,577 (1,461)   3,118  
Repurchase of common stock, including repurchase costs (in shares) 0            
Stock-based compensation expense $ 44,440   44,440     44,440  
Ending Balance (in shares) at Dec. 31, 2022   139,916,864          
Ending Balance at Dec. 31, 2022 11,253,553 $ 1,400 10,765,431 485,221 1,424 11,253,476 77
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income attributable to common stockholders 928,825     928,825   928,825  
Gain on cash flow hedges, net 13,332       13,332 13,332  
Cash flow hedge losses reclassified to earnings 1,360       1,360 1,360  
Noncontrolling interest activity (1,217)     (1,217)   (1,217)  
Dividends declared to common stockholders (935,305)     (935,305)   (935,305)  
Issuance of common stock, net of withholdings (in shares)   2,120,392          
Issuance of common stock, net of withholdings $ 486,684 $ 20 485,029 1,635   486,684  
Repurchase of common stock, including repurchase costs (in shares) (11,800) (11,800)          
Repurchase of common stock, including repurchase costs $ (1,911)   (908) (1,003)   (1,911)  
Stock-based compensation expense 37,997   37,997     37,997  
Ending Balance (in shares) at Dec. 31, 2023   142,025,456          
Ending Balance at Dec. 31, 2023 $ 11,783,318 $ 1,420 $ 11,287,549 $ 478,156 $ 16,116 $ 11,783,241 $ 77