Pay vs Performance Disclosure

12 Months Ended

Dec. 31, 2024

USD ($)

$ / shares

Dec. 31, 2023

USD ($)

$ / shares

Dec. 31, 2022

USD ($)

$ / shares

Dec. 31, 2021

USD ($)

$ / shares

Dec. 31, 2020

USD ($)

$ / shares

Dec. 29, 2023

$ / shares

Dec. 30, 2022

$ / shares

Dec. 31, 2019

$ / shares

Pay vs Performance Disclosure

Pay vs Performance Disclosure, Table

Pay Versus Performance Table

									Value of Initial Fixed $100
									Investment Based On:
														Core Funds
	Summary		Summary		Average		Average							From
	Compensation	Compensation	Compensation	Compensation	Summary		Compensation				Peer			Operations
	Table Total	Actually Paid	Table Total for	Actually Paid	Compensation		Actually Paid		Total		Group Total			per Share
Fiscal	for Benjamin	to Benjamin W.	Timothy J.	to Timothy J.	Table Total for		to Non-PEO		Shareholder		Shareholder		Net	(Core
Year	W. Schall(1)	Schall(2)	Naughton(3)	Naughton(2)	Non-PEO NEOs		NEOs(2)		Return(4)		Return(5)		Income(6)	FFO)(7)
2024	9,090,073	16,768,387	NA	NA	4,185,417	(8)	6,402,770	(8)	$	125	$	120	1,082,175	$	11.01
2023	9,479,687	17,461,680	NA	NA	4,108,271	(9)	6,556,935	(9)	$	103	$	100	928,438	$	10.63
2022	9,393,208	3,772,678	9,814,142	(1,308,884)	4,187,942	(9)	1,457,095	(9)	$	85	$	94	1,136,438	$	9.79
2021	NA	NA	14,371,460	26,154,241	7,495,804	(10)	10,290,484	(10)	$	129	$	139	1,004,356	$	8.26
2020	NA	NA	11,294,333	(3,579,035)	3,530,628	(11)	426,406	(11)	$	80	$	85	827,706	$	8.69

(1) Mr. Schall joined AvalonBay as President and a director in January 2021 and became Chief Executive Officer effective January 3, 2022. Mr. Schall’s compensation for 2021 is included in the non-PEO averages.

(2) The amounts reported represent the “compensation actually paid” to each of Mr. Schall and Mr. Naughton and the average “compensation actually paid” to each of the other NEOs as a group, each computed in accordance with Item 402(v) of Regulation S-K, but do not reflect the actual amount of compensation earned by or paid to such NEOs. In accordance with Item 402(v) of Regulation S-K, the following adjustments were made to the amounts reported in the “Total” column of the Summary Compensation Table to calculate “compensation actually paid.”

				For Awards
				Outstanding
				(Unvested) as of
				December 31 of	For Awards
				the Applicable	that Vested
		Subtract	For Awards	Year, Add the	During the
		Summary	Subtracted in	Change in Fair	Applicable Year,	Add
		Compensation	Column	Value Between	Add the Change	Dividends
		Table Value	(B), Add the Fair	December 31 of	in Fair Value	Paid on
		of Equity Awards	Value of Such	the Prior Fiscal	Between	Unvested
		Granted in the	Awards on	Year and	December 31 of	Restricted
	Summary	Applicable Fiscal	December 31 of	December 31 of	the Prior Fiscal	Stock During
	Compensation	Year (Grant Date	the Applicable	the Applicable	Year and the	the Applicable	Compensation
	Table Total	Fair Value) (i)	Year (ii)	Fiscal Year (iii)	Vesting Date (iv)	Fiscal Year	Actually Paid
Year	(A)	(B)	(C)	(D)	(E)	(F)	(G)
2024 – PEO Schall	9,090,073	(6,223,901)	10,049,766	2,383,680	1,368,536	100,233	16,768,387
2024 – Avg Other NEOs	4,185,417	(2,519,469)	3,654,930	680,855	341,838	59,199	6,402,770
2023 – PEO Schall	9,479,687	(6,407,807)	9,203,656	2,046,598	3,010,112	129,434	17,461,680
2023 – Avg Other NEOs	4,108,271	(2,374,971)	3,224,566	579,192	960,183	59,694	6,556,935
2022 – PEO Schall	9,393,208	(6,351,246)	3,705,283	(2,786,237)	(342,670)	154,340	3,772,678
2022 – PEO Naughton	9,814,142	(7,343,192)	3,696,749	(6,766,814)	(924,797)	215,028	(1,308,884)
2022 – Avg Other NEOs	4,187,942	(2,524,777)	1,453,657	(1,513,615)	(212,401)	66,289	1,457,095
2021 – PEO Naughton	14,371,460	(10,551,826)	14,011,349	4,604,039	3,373,073	346,146	26,154,241
2021 – Avg Other NEOs	7,495,804	(5,049,488)	6,223,603	925,342	583,792	111,431	10,290,484
2020 – PEO Naughton	11,294,333	(8,497,608)	2,412,393	(4,958,731)	(4,310,055)	480,633	(3,579,035)
2020 – Avg Other NEOs	3,530,628	(2,149,216)	798,282	(1,039,788)	(831,586)	118,086	426,406

(i) The amounts reported represent the sum of the amounts reported in the “Stock Awards” and “Option Awards” columns of the Summary Compensation Table for the applicable fiscal year.

(ii) No awards granted during a fiscal year vested that same year.

(iii) Represents the sum of the following for each equity award that was outstanding (unvested) as of December 31 of the applicable fiscal year and December 31 of the prior fiscal year: the difference between (x) the fair value of such award as of December 31 of the applicable fiscal year and (y) the fair value of such award as of December 31 of the prior fiscal year. For performance awards, the fair value represents the Monte Carlo valuation for the TSR portion and the payout corresponding to the interim level of achievement of the operating metrics portion. For options, fair value represents the Black-Scholes value.

(iv) For a multi-year performance award that matured (vested) on December 31 of the reported year, the fair value was the number of units earned valued at the closing price of a share of common stock on the last trading day of that year, plus the cash amount in respect of accrued dividends to be paid out upon settlement.

(3) Mr. Naughton served as Chief Executive Officer from 2012 through January 2, 2022 and served as Executive Chairman throughout 2022. He served as a non-executive chairman in 2023 and 2024.

(4) Company TSR and Peer Group TSR are calculated using the measurement period beginning on the last trading day of 2019, through and including the end of the fiscal year for which cumulative Company TSR or cumulative Peer Group TSR is being calculated.

(5) The peer group TSR used for this purpose is the FTSE Nareit Apartment REIT Index, a published industry index.

(6) The dollar amounts reported represent the amount of net income reflected in the Company’s audited financial statements for the applicable fiscal year.

(7) The Company Selected Measure is Core FFO per share, representing the Company’s FFO as adjusted for non-core items. By adjusting for items that are not considered by us to be part of our core business operations, Core FFO can help one compare the core operating and financial performance of the Company between periods. While we consider numerous financial and non-financial performance measures for the purpose of evaluating and determining executive compensation, we consider Core FFO per share, which is one of the measures used to determine annual cash incentive compensation for our NEOs, to be the most important performance measure used to link compensation actually paid to the NEOs for fiscal year 2024 to Company performance.

(8) Non-PEO NEOs for 2024 include Messrs. O’Shea, Birenbaum, Breslin, and Ms. Thomas.

(9) Non-PEO NEOs for 2023 and 2022 include Messrs. O’Shea, Birenbaum, Breslin, and Schulman.

(10) Non-PEO NEOs for 2021 include Messrs. O’Shea, Schall, Birenbaum, and Breslin.

(11) Non-PEO NEOs for 2020 include Messrs. O’Shea, Birenbaum, and Breslin and William M. McLaughlin, our former Executive Vice President, Development and Construction.

Company Selected Measure Name

Core FFO

Named Executive Officers, Footnote

									Value of Initial Fixed $100
									Investment Based On:
														Core Funds
	Summary		Summary		Average		Average							From
	Compensation	Compensation	Compensation	Compensation	Summary		Compensation				Peer			Operations
	Table Total	Actually Paid	Table Total for	Actually Paid	Compensation		Actually Paid		Total		Group Total			per Share
Fiscal	for Benjamin	to Benjamin W.	Timothy J.	to Timothy J.	Table Total for		to Non-PEO		Shareholder		Shareholder		Net	(Core
Year	W. Schall(1)	Schall(2)	Naughton(3)	Naughton(2)	Non-PEO NEOs		NEOs(2)		Return(4)		Return(5)		Income(6)	FFO)(7)
2024	9,090,073	16,768,387	NA	NA	4,185,417	(8)	6,402,770	(8)	$	125	$	120	1,082,175	$	11.01
2023	9,479,687	17,461,680	NA	NA	4,108,271	(9)	6,556,935	(9)	$	103	$	100	928,438	$	10.63
2022	9,393,208	3,772,678	9,814,142	(1,308,884)	4,187,942	(9)	1,457,095	(9)	$	85	$	94	1,136,438	$	9.79
2021	NA	NA	14,371,460	26,154,241	7,495,804	(10)	10,290,484	(10)	$	129	$	139	1,004,356	$	8.26
2020	NA	NA	11,294,333	(3,579,035)	3,530,628	(11)	426,406	(11)	$	80	$	85	827,706	$	8.69

(1) Mr. Schall joined AvalonBay as President and a director in January 2021 and became Chief Executive Officer effective January 3, 2022. Mr. Schall’s compensation for 2021 is included in the non-PEO averages.

(3) Mr. Naughton served as Chief Executive Officer from 2012 through January 2, 2022 and served as Executive Chairman throughout 2022. He served as a non-executive chairman in 2023 and 2024.

(8) Non-PEO NEOs for 2024 include Messrs. O’Shea, Birenbaum, Breslin, and Ms. Thomas.

(9) Non-PEO NEOs for 2023 and 2022 include Messrs. O’Shea, Birenbaum, Breslin, and Schulman.

(10) Non-PEO NEOs for 2021 include Messrs. O’Shea, Schall, Birenbaum, and Breslin.

Non-PEO NEOs for 2020 include Messrs. O’Shea, Birenbaum, and Breslin and William M. McLaughlin, our former Executive Vice President, Development and Construction.

Peer Group Issuers, Footnote

(5) The peer group TSR used for this purpose is the FTSE Nareit Apartment REIT Index, a published industry index.

Adjustment To PEO Compensation, Footnote

(2) The amounts reported represent the “compensation actually paid” to each of Mr. Schall and Mr. Naughton and the average “compensation actually paid” to each of the other NEOs as a group, each computed in accordance with Item 402(v) of Regulation S-K, but do not reflect the actual amount of compensation earned by or paid to such NEOs. In accordance with Item 402(v) of Regulation S-K, the following adjustments were made to the amounts reported in the “Total” column of the Summary Compensation Table to calculate “compensation actually paid.”

				For Awards
				Outstanding
				(Unvested) as of
				December 31 of	For Awards
				the Applicable	that Vested
		Subtract	For Awards	Year, Add the	During the
		Summary	Subtracted in	Change in Fair	Applicable Year,	Add
		Compensation	Column	Value Between	Add the Change	Dividends
		Table Value	(B), Add the Fair	December 31 of	in Fair Value	Paid on
		of Equity Awards	Value of Such	the Prior Fiscal	Between	Unvested
		Granted in the	Awards on	Year and	December 31 of	Restricted
	Summary	Applicable Fiscal	December 31 of	December 31 of	the Prior Fiscal	Stock During
	Compensation	Year (Grant Date	the Applicable	the Applicable	Year and the	the Applicable	Compensation
	Table Total	Fair Value) (i)	Year (ii)	Fiscal Year (iii)	Vesting Date (iv)	Fiscal Year	Actually Paid
Year	(A)	(B)	(C)	(D)	(E)	(F)	(G)
2024 – PEO Schall	9,090,073	(6,223,901)	10,049,766	2,383,680	1,368,536	100,233	16,768,387
2024 – Avg Other NEOs	4,185,417	(2,519,469)	3,654,930	680,855	341,838	59,199	6,402,770
2023 – PEO Schall	9,479,687	(6,407,807)	9,203,656	2,046,598	3,010,112	129,434	17,461,680
2023 – Avg Other NEOs	4,108,271	(2,374,971)	3,224,566	579,192	960,183	59,694	6,556,935
2022 – PEO Schall	9,393,208	(6,351,246)	3,705,283	(2,786,237)	(342,670)	154,340	3,772,678
2022 – PEO Naughton	9,814,142	(7,343,192)	3,696,749	(6,766,814)	(924,797)	215,028	(1,308,884)
2022 – Avg Other NEOs	4,187,942	(2,524,777)	1,453,657	(1,513,615)	(212,401)	66,289	1,457,095
2021 – PEO Naughton	14,371,460	(10,551,826)	14,011,349	4,604,039	3,373,073	346,146	26,154,241
2021 – Avg Other NEOs	7,495,804	(5,049,488)	6,223,603	925,342	583,792	111,431	10,290,484
2020 – PEO Naughton	11,294,333	(8,497,608)	2,412,393	(4,958,731)	(4,310,055)	480,633	(3,579,035)
2020 – Avg Other NEOs	3,530,628	(2,149,216)	798,282	(1,039,788)	(831,586)	118,086	426,406

(i) The amounts reported represent the sum of the amounts reported in the “Stock Awards” and “Option Awards” columns of the Summary Compensation Table for the applicable fiscal year.

(ii) No awards granted during a fiscal year vested that same year.

(iii) Represents the sum of the following for each equity award that was outstanding (unvested) as of December 31 of the applicable fiscal year and December 31 of the prior fiscal year: the difference between (x) the fair value of such award as of December 31 of the applicable fiscal year and (y) the fair value of such award as of December 31 of the prior fiscal year. For performance awards, the fair value represents the Monte Carlo valuation for the TSR portion and the payout corresponding to the interim level of achievement of the operating metrics portion. For options, fair value represents the Black-Scholes value.

(iv) For a multi-year performance award that matured (vested) on December 31 of the reported year, the fair value was the number of units earned valued at the closing price of a share of common stock on the last trading day of that year, plus the cash amount in respect of accrued dividends to be paid out upon settlement.

Non-PEO NEO Average Total Compensation Amount

$ 4,185,417

$ 4,108,271

$ 4,187,942

$ 7,495,804

$ 3,530,628

Non-PEO NEO Average Compensation Actually Paid Amount

$ 6,402,770

6,556,935

1,457,095

10,290,484

426,406

Adjustment to Non-PEO NEO Compensation Footnote

(2) The amounts reported represent the “compensation actually paid” to each of Mr. Schall and Mr. Naughton and the average “compensation actually paid” to each of the other NEOs as a group, each computed in accordance with Item 402(v) of Regulation S-K, but do not reflect the actual amount of compensation earned by or paid to such NEOs. In accordance with Item 402(v) of Regulation S-K, the following adjustments were made to the amounts reported in the “Total” column of the Summary Compensation Table to calculate “compensation actually paid.”

				For Awards
				Outstanding
				(Unvested) as of
				December 31 of	For Awards
				the Applicable	that Vested
		Subtract	For Awards	Year, Add the	During the
		Summary	Subtracted in	Change in Fair	Applicable Year,	Add
		Compensation	Column	Value Between	Add the Change	Dividends
		Table Value	(B), Add the Fair	December 31 of	in Fair Value	Paid on
		of Equity Awards	Value of Such	the Prior Fiscal	Between	Unvested
		Granted in the	Awards on	Year and	December 31 of	Restricted
	Summary	Applicable Fiscal	December 31 of	December 31 of	the Prior Fiscal	Stock During
	Compensation	Year (Grant Date	the Applicable	the Applicable	Year and the	the Applicable	Compensation
	Table Total	Fair Value) (i)	Year (ii)	Fiscal Year (iii)	Vesting Date (iv)	Fiscal Year	Actually Paid
Year	(A)	(B)	(C)	(D)	(E)	(F)	(G)
2024 – PEO Schall	9,090,073	(6,223,901)	10,049,766	2,383,680	1,368,536	100,233	16,768,387
2024 – Avg Other NEOs	4,185,417	(2,519,469)	3,654,930	680,855	341,838	59,199	6,402,770
2023 – PEO Schall	9,479,687	(6,407,807)	9,203,656	2,046,598	3,010,112	129,434	17,461,680
2023 – Avg Other NEOs	4,108,271	(2,374,971)	3,224,566	579,192	960,183	59,694	6,556,935
2022 – PEO Schall	9,393,208	(6,351,246)	3,705,283	(2,786,237)	(342,670)	154,340	3,772,678
2022 – PEO Naughton	9,814,142	(7,343,192)	3,696,749	(6,766,814)	(924,797)	215,028	(1,308,884)
2022 – Avg Other NEOs	4,187,942	(2,524,777)	1,453,657	(1,513,615)	(212,401)	66,289	1,457,095
2021 – PEO Naughton	14,371,460	(10,551,826)	14,011,349	4,604,039	3,373,073	346,146	26,154,241
2021 – Avg Other NEOs	7,495,804	(5,049,488)	6,223,603	925,342	583,792	111,431	10,290,484
2020 – PEO Naughton	11,294,333	(8,497,608)	2,412,393	(4,958,731)	(4,310,055)	480,633	(3,579,035)
2020 – Avg Other NEOs	3,530,628	(2,149,216)	798,282	(1,039,788)	(831,586)	118,086	426,406

(i) The amounts reported represent the sum of the amounts reported in the “Stock Awards” and “Option Awards” columns of the Summary Compensation Table for the applicable fiscal year.

(ii) No awards granted during a fiscal year vested that same year.

(iii) Represents the sum of the following for each equity award that was outstanding (unvested) as of December 31 of the applicable fiscal year and December 31 of the prior fiscal year: the difference between (x) the fair value of such award as of December 31 of the applicable fiscal year and (y) the fair value of such award as of December 31 of the prior fiscal year. For performance awards, the fair value represents the Monte Carlo valuation for the TSR portion and the payout corresponding to the interim level of achievement of the operating metrics portion. For options, fair value represents the Black-Scholes value.

(iv) For a multi-year performance award that matured (vested) on December 31 of the reported year, the fair value was the number of units earned valued at the closing price of a share of common stock on the last trading day of that year, plus the cash amount in respect of accrued dividends to be paid out upon settlement.

Compensation Actually Paid vs. Total Shareholder Return

Compensation Actually Paid vs. Net Income

Compensation Actually Paid vs. Company Selected Measure

Total Shareholder Return Vs Peer Group

Tabular List, Table

Tabular List of Performance Measures

The following table includes financial performance measures that the Company determined are its most important financial measures for 2024 and they are reflected in our multi-year performance awards or annual bonus program.

Financial Measure

Total Shareholder Return

Core FFO per Share

Three-year Compounded Annual Growth Rate of Core FFO per Share Relative to Apartment REIT Companies

Same Store Residential Revenue

Development Yield

Total Shareholder Return Amount

$ 125

103

85

129

80

Peer Group Total Shareholder Return Amount

$ 120

$ 100

$ 94

$ 139

$ 85

Company Selected Measure Amount | $ / shares

11.01

10.63

9.79

8.26

8.69

PEO Name

Mr. Schall

Additional 402(v) Disclosure

For AvalonBay, the “compensation actually paid” to our NEOs for a given year, as calculated in accordance with Item 402(v) of Regulation S-K, includes cash amounts paid for service, the value of other items included in “all other compensation” in the Summary Compensation Table, the change in the fair value of unvested equity awards during the year (through year end or at any earlier vesting date) and the year-end fair value of equity awards granted during the year that remain unvested at year end. In this way, “compensation actually paid” takes into account changes in the fair value of equity awards using closing stock prices and Monte Carlo values. Our equity awards consisted of restricted shares of common stock, stock options, and multi-year performance awards that are earned based upon the achievement of TSR and operating metrics. Accordingly, the “compensation actually paid” to our NEOs as reported in the table below was greatly influenced by the value of our common stock price, which varied over the measurement period as illustrated in the following table:

Fiscal Year End	Closing Stock Price		Year over Year Change
December 31, 2024	$	219.97	17	%
December 29, 2023	$	187.22	16	%
December 30, 2022	$	161.52	‑36	%
December 31, 2021	$	252.59	57	%
December 31, 2020	$	160.43	‑23	%
December 31, 2019	$	209.70	20	%

Equity Awards Adjustments, Footnote

				For Awards
				Outstanding
				(Unvested) as of
				December 31 of	For Awards
				the Applicable	that Vested
		Subtract	For Awards	Year, Add the	During the
		Summary	Subtracted in	Change in Fair	Applicable Year,	Add
		Compensation	Column	Value Between	Add the Change	Dividends
		Table Value	(B), Add the Fair	December 31 of	in Fair Value	Paid on
		of Equity Awards	Value of Such	the Prior Fiscal	Between	Unvested
		Granted in the	Awards on	Year and	December 31 of	Restricted
	Summary	Applicable Fiscal	December 31 of	December 31 of	the Prior Fiscal	Stock During
	Compensation	Year (Grant Date	the Applicable	the Applicable	Year and the	the Applicable	Compensation
	Table Total	Fair Value) (i)	Year (ii)	Fiscal Year (iii)	Vesting Date (iv)	Fiscal Year	Actually Paid
Year	(A)	(B)	(C)	(D)	(E)	(F)	(G)
2024 – PEO Schall	9,090,073	(6,223,901)	10,049,766	2,383,680	1,368,536	100,233	16,768,387
2024 – Avg Other NEOs	4,185,417	(2,519,469)	3,654,930	680,855	341,838	59,199	6,402,770
2023 – PEO Schall	9,479,687	(6,407,807)	9,203,656	2,046,598	3,010,112	129,434	17,461,680
2023 – Avg Other NEOs	4,108,271	(2,374,971)	3,224,566	579,192	960,183	59,694	6,556,935
2022 – PEO Schall	9,393,208	(6,351,246)	3,705,283	(2,786,237)	(342,670)	154,340	3,772,678
2022 – PEO Naughton	9,814,142	(7,343,192)	3,696,749	(6,766,814)	(924,797)	215,028	(1,308,884)
2022 – Avg Other NEOs	4,187,942	(2,524,777)	1,453,657	(1,513,615)	(212,401)	66,289	1,457,095
2021 – PEO Naughton	14,371,460	(10,551,826)	14,011,349	4,604,039	3,373,073	346,146	26,154,241
2021 – Avg Other NEOs	7,495,804	(5,049,488)	6,223,603	925,342	583,792	111,431	10,290,484
2020 – PEO Naughton	11,294,333	(8,497,608)	2,412,393	(4,958,731)	(4,310,055)	480,633	(3,579,035)
2020 – Avg Other NEOs	3,530,628	(2,149,216)	798,282	(1,039,788)	(831,586)	118,086	426,406

(i) The amounts reported represent the sum of the amounts reported in the “Stock Awards” and “Option Awards” columns of the Summary Compensation Table for the applicable fiscal year.

(ii) No awards granted during a fiscal year vested that same year.

(iii) Represents the sum of the following for each equity award that was outstanding (unvested) as of December 31 of the applicable fiscal year and December 31 of the prior fiscal year: the difference between (x) the fair value of such award as of December 31 of the applicable fiscal year and (y) the fair value of such award as of December 31 of the prior fiscal year. For performance awards, the fair value represents the Monte Carlo valuation for the TSR portion and the payout corresponding to the interim level of achievement of the operating metrics portion. For options, fair value represents the Black-Scholes value.

(iv) For a multi-year performance award that matured (vested) on December 31 of the reported year, the fair value was the number of units earned valued at the closing price of a share of common stock on the last trading day of that year, plus the cash amount in respect of accrued dividends to be paid out upon settlement.

Share Price | $ / shares

$ 219.97

$ 252.59

$ 160.43

$ 187.22

$ 161.52

$ 209.7

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

$ 1,082,175,000

$ 928,438,000

$ 1,136,438,000

$ 1,004,356,000

$ 827,706,000

Year over Year Change

0.17

0.57

(0.23)

0.16

(0.36)

0.20

Measure:: 1

Pay vs Performance Disclosure

Name

Total Shareholder Return

Measure:: 2

Pay vs Performance Disclosure

Name

Core FFO per Share

Non-GAAP Measure Description

The Company Selected Measure is Core FFO per share, representing the Company’s FFO as adjusted for non-core items. By adjusting for items that are not considered by us to be part of our core business operations, Core FFO can help one compare the core operating and financial performance of the Company between periods. While we consider numerous financial and non-financial performance measures for the purpose of evaluating and determining executive compensation, we consider Core FFO per share, which is one of the measures used to determine annual cash incentive compensation for our NEOs, to be the most important performance measure used to link compensation actually paid to the NEOs for fiscal year 2024 to Company performance

Measure:: 3

Pay vs Performance Disclosure

Name

Three-year Compounded Annual Growth Rate of Core FFO per Share Relative to Apartment REIT Companies

Measure:: 4

Pay vs Performance Disclosure

Name

Same Store Residential Revenue

Measure:: 5

Pay vs Performance Disclosure

Name

Development Yield

Benjamin W Schall

Pay vs Performance Disclosure

PEO Total Compensation Amount

$ 9,090,073

9,479,687

9,393,208

PEO Actually Paid Compensation Amount

16,768,387

17,461,680

3,772,678

Timothy J Naughton

Pay vs Performance Disclosure

PEO Total Compensation Amount

9,814,142

$ 14,371,460

$ 11,294,333

PEO Actually Paid Compensation Amount

(1,308,884)

26,154,241

(3,579,035)

PEO | Benjamin W Schall | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

(6,223,901)

(6,407,807)

(6,351,246)

PEO | Benjamin W Schall | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

10,049,766

9,203,656

3,705,283

PEO | Benjamin W Schall | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

2,383,680

2,046,598

(2,786,237)

PEO | Benjamin W Schall | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

1,368,536

3,010,112

(342,670)

PEO | Benjamin W Schall | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

100,233

129,434

154,340

PEO | Timothy J Naughton | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

(7,343,192)

(10,551,826)

(8,497,608)

PEO | Timothy J Naughton | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

3,696,749

14,011,349

2,412,393

PEO | Timothy J Naughton | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

(6,766,814)

4,604,039

(4,958,731)

PEO | Timothy J Naughton | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

(924,797)

3,373,073

(4,310,055)

PEO | Timothy J Naughton | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

215,028

346,146

480,633

Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

(2,519,469)

(2,374,971)

(2,524,777)

(5,049,488)

(2,149,216)

Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

3,654,930

3,224,566

1,453,657

6,223,603

798,282

Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

680,855

579,192

(1,513,615)

925,342

(1,039,788)

Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

341,838

960,183

(212,401)

583,792

(831,586)

Non-PEO NEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

$ 59,199

$ 59,694

$ 66,289

$ 111,431

$ 118,086