The following summarizes the changes in stockholders’ equity for the six months ended June 30, 2013 (dollars in thousands):

					Accumulated			Accumulated			Total
			Additional		earnings			other			AvalonBay
	Common		paid-in		less			comprehensive			stockholders’			Noncontrolling		Total
	stock		capital		dividends			loss			equity			interests		equity

Balance at December 31, 2012	$	1,144	$	7,086,407	$	(142,329	)	$	(108,007	)	$	6,837,215		$	3,578	$	6,840,793

Net income attributable to common stockholders	—		—		111,648			—			111,648			—		111,648
Cash flow hedge loss reclassified to earnings	—		—		—			2,965			2,965			—		2,965
Change in redemption value of redeemable noncontrolling interest	—		—		(329		)	—			(329		)	—		(329		)
Noncontrolling interests income allocation	—		—		—			—			—			19		19
Dividends declared to common stockholders	—		—		(276,894		)	—			(276,894		)	—		(276,894		)
Issuance of common stock, net of withholdings	150		1,872,418		(1,034		)	—			1,871,534			—		1,871,534
Amortization of deferred compensation	—		14,027		—			—			14,027			—		14,027

Balance at June 30, 2013	$	1,294	$	8,972,852	$	(308,938	)	$	(105,042	)	$	8,560,166		$	3,597	$	8,563,763