AvalonBay Communities Inc. Files 2023 Annual Report on Form 10-K

Ticker: AVB · Form: 10-K · Filed: 2024-02-23T00:00:00.000Z

Sentiment: neutral

Topics: 10-K, AvalonBay Communities, Real Estate, REIT, Financials

TL;DR

<b>AvalonBay Communities Inc. has submitted its 2023 10-K filing detailing financial performance and company information for the fiscal year ending December 31, 2023.</b>

AI Summary

AVALONBAY COMMUNITIES INC (AVB) filed a Annual Report (10-K) with the SEC on February 23, 2024. AvalonBay Communities Inc. filed its 2023 Form 10-K on February 23, 2024. The report covers the fiscal year ending December 31, 2023. The company's principal business is real estate investment trusts. The filing includes financial data for the fiscal years 2021, 2022, and 2023. Key financial statement components such as common stock, additional paid-in capital, and retained earnings are detailed for these years.

Why It Matters

For investors and stakeholders tracking AVALONBAY COMMUNITIES INC, this filing contains several important signals. This 10-K filing provides a comprehensive overview of AvalonBay's financial health and operational activities for the past fiscal year, crucial for investors assessing the company's performance and future prospects. The detailed financial statements and risk factors within the report offer insights into the company's strategies, market position, and potential challenges in the real estate investment trust sector.

Risk Assessment

Risk Level: medium — AVALONBAY COMMUNITIES INC shows moderate risk based on this filing. The company operates in the real estate investment trust sector, which is subject to market fluctuations, interest rate changes, and regulatory shifts that can impact profitability and asset values.

Analyst Insight

Investors should review the detailed financial statements and risk factors in the 10-K to understand AvalonBay's current financial position and outlook for the upcoming fiscal year.

Key Numbers

Key Players & Entities

FAQ

When did AVALONBAY COMMUNITIES INC file this 10-K?

AVALONBAY COMMUNITIES INC filed this Annual Report (10-K) with the SEC on February 23, 2024.

What is a 10-K filing?

A 10-K is a comprehensive annual financial report required by the SEC, covering audited financials, business operations, risk factors, and management discussion. This particular 10-K was filed by AVALONBAY COMMUNITIES INC (AVB).

Where can I read the original 10-K filing from AVALONBAY COMMUNITIES INC?

You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by AVALONBAY COMMUNITIES INC.

What are the key takeaways from AVALONBAY COMMUNITIES INC's 10-K?

AVALONBAY COMMUNITIES INC filed this 10-K on February 23, 2024. Key takeaways: AvalonBay Communities Inc. filed its 2023 Form 10-K on February 23, 2024.. The report covers the fiscal year ending December 31, 2023.. The company's principal business is real estate investment trusts..

Is AVALONBAY COMMUNITIES INC a risky investment based on this filing?

Based on this 10-K, AVALONBAY COMMUNITIES INC presents a moderate-risk profile. The company operates in the real estate investment trust sector, which is subject to market fluctuations, interest rate changes, and regulatory shifts that can impact profitability and asset values.

What should investors do after reading AVALONBAY COMMUNITIES INC's 10-K?

Investors should review the detailed financial statements and risk factors in the 10-K to understand AvalonBay's current financial position and outlook for the upcoming fiscal year. The overall sentiment from this filing is neutral.

How does AVALONBAY COMMUNITIES INC compare to its industry peers?

AvalonBay Communities Inc. operates as a real estate investment trust (REIT), focusing on the ownership, development, and management of apartment homes. The company is a significant player in the multifamily real estate sector.

Are there regulatory concerns for AVALONBAY COMMUNITIES INC?

As a publicly traded company, AvalonBay Communities Inc. is subject to the regulations of the Securities and Exchange Commission (SEC), requiring regular filings such as the annual 10-K to ensure transparency and compliance.

Industry Context

AvalonBay Communities Inc. operates as a real estate investment trust (REIT), focusing on the ownership, development, and management of apartment homes. The company is a significant player in the multifamily real estate sector.

Regulatory Implications

As a publicly traded company, AvalonBay Communities Inc. is subject to the regulations of the Securities and Exchange Commission (SEC), requiring regular filings such as the annual 10-K to ensure transparency and compliance.

What Investors Should Do

  1. Review the full 10-K filing for detailed financial statements and management's discussion and analysis.
  2. Analyze the risk factors section to understand potential challenges and their impact on the company.
  3. Compare AvalonBay's 2023 performance against previous years and industry benchmarks.

Key Dates

Year-Over-Year Comparison

This filing is the 2023 annual report (10-K), providing updated financial and operational data compared to previous filings.

From the Filing

0000915912-24-000004.txt : 20240223 0000915912-24-000004.hdr.sgml : 20240223 20240223133628 ACCESSION NUMBER: 0000915912-24-000004 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 91 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240223 DATE AS OF CHANGE: 20240223 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AVALONBAY COMMUNITIES INC CENTRAL INDEX KEY: 0000915912 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 770404318 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-12672 FILM NUMBER: 24669755 BUSINESS ADDRESS: STREET 1: 4040 WILSON BOULEVARD STREET 2: STE 1000 CITY: ARLINGTON STATE: VA ZIP: 22203 BUSINESS PHONE: 7033296300 MAIL ADDRESS: STREET 1: 4040 WILSON BOULEVARD STREET 2: STE 1000 CITY: ARLINGTON STATE: VA ZIP: 22203 FORMER COMPANY: FORMER CONFORMED NAME: AVALON BAY COMMUNITIES INC DATE OF NAME CHANGE: 19980618 FORMER COMPANY: FORMER CONFORMED NAME: BAY APARTMENT COMMUNITIES INC DATE OF NAME CHANGE: 19931208 10-K 1 avb-20231231.htm 10-K avb-20231231 0000915912 2023 FY false http://avalonbay.com/20231231#LeaseRightOfUseAsset http://avalonbay.com/20231231#LeaseRightOfUseAsset http://avalonbay.com/20231231#LeaseLiability http://avalonbay.com/20231231#LeaseLiability http://avalonbay.com/20231231#LeaseRightOfUseAsset http://avalonbay.com/20231231#LeaseRightOfUseAsset http://avalonbay.com/20231231#LeaseLiability http://avalonbay.com/20231231#LeaseLiability P1M 0000915912 2023-01-01 2023-12-31 0000915912 2023-06-30 iso4217:USD 0000915912 2024-01-31 xbrli:shares 0000915912 2023-10-01 2023-12-31 0000915912 2023-12-31 0000915912 2022-12-31 iso4217:USD xbrli:shares 0000915912 2022-01-01 2022-12-31 0000915912 2021-01-01 2021-12-31 0000915912 us-gaap:CommonStockMember 2020-12-31 0000915912 us-gaap:AdditionalPaidInCapitalMember 2020-12-31 0000915912 us-gaap:RetainedEarningsMember 2020-12-31 0000915912 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2020-12-31 0000915912 us-gaap:ParentMember 2020-12-31 0000915912 us-gaap:NoncontrollingInterestMember 2020-12-31 0000915912 2020-12-31 0000915912 us-gaap:RetainedEarningsMember 2021-01-01 2021-12-31 0000915912 us-gaap:ParentMember 2021-01-01 2021-12-31 0000915912 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-01-01 2021-12-31 0000915912 us-gaap:NoncontrollingInterestMember 2021-01-01 2021-12-31 0000915912 us-gaap:CommonStockMember 2021-01-01 2021-12-31 0000915912 us-gaap:AdditionalPaidInCapitalMember 2021-01-01 2021-12-31 0000915912 us-gaap:CommonStockMember 2021-12-31 0000915912 us-gaap:AdditionalPaidInCapitalMember 2021-12-31 0000915912 us-gaap:RetainedEarningsMember 2021-12-31 0000915912 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-12-31 0000915912 us-gaap:ParentMember 2021-12-31 0000915912 us-gaap:NoncontrollingInterestMember 2021-12-31 0000915912 2021-12-31 0000915912 us-gaap:RetainedEarningsMember 2022-01-01 2022-12-31 0000915912 us-gaap:ParentMember 2022-01-01 2022-12-31 0000915912 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-01-01 2022-12-31 0000915912 us-gaap:NoncontrollingInterestMember 2022-01-01 2022-12-31 0000915912 us-gaap:CommonStockMember 2022-01-01 2022-12-31 0000915912 us-gaap:AdditionalPaidInCapitalMember 2022-01-01 2022-12-31 0000915912 us-gaap:CommonStockMember 2022-12-31 0000915912 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0000915912 us-gaap:RetainedEarningsMember 2022-12-31 0000915912 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0000915912 us-gaap:ParentMember 2022-12-31 0000915912 us-gaap:NoncontrollingInterestMember 2022-12-31 0000915912 us-gaap:RetainedEarningsMember 2023-01-01 2023-12-31 0000915912 us-gaap:ParentMember 2023-01-01 2023-12-31 0000915912 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-01-01 2023-12-31 0000915912 us-gaap:CommonStockMember 2023-01-01 2023-12-31 0000915912 us-gaap:AdditionalPaidInCapitalMember 2023-01-01 2

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