AVB: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, AVB has $21,949,232K in assets. $9,787,737K in debts. $123,313K in cash and cash equivalents.

Balance Sheets Overview

Debt to Asset Ratio
44.59%
Assets Breakdown
Buildings and improvements
Less accumulated depreciation
Land and improvements
Others
Liabilities Breakdown
Additional paid-in capital
Unsecured notes, net
Mortgage notes payable, net
Others

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Balance Sheets	2025-09-30	2025-06-30	2025-03-31	2024-09-30
Land and improvements	4,924,925	4,893,199	4,903,886	4,854,683
Buildings and improvements	21,027,361	20,727,161	20,625,788	20,070,553
Furniture, fixtures and equipment	1,505,473	1,456,106	1,426,015	1,354,107
Gross operating real estate	27,457,759	27,076,466	26,955,689	26,279,343
Less accumulated depreciation	8,555,747	8,416,462	8,351,624	7,990,115
Net operating real estate	18,902,012	18,660,004	18,604,065	18,289,228
Construction in progress, including land	1,428,609	1,399,174	1,198,280	1,088,496
Land held for development	126,050	101,066	141,978	154,906
Real estate assets held for sale, net	69,578	334,245	58,141	37,088
Total real estate, net	20,526,249	20,494,489	20,002,464	19,569,718
Cash and cash equivalents	123,313	102,825	53,255	552,356
Restricted cash	198,578	192,547	165,852	240,121
Unconsolidated investments	206,185	227,207	226,622	227,831
Deferred development costs	101,523	64,221	54,454	49,620
Prepaid expenses and other assets	643,790	605,741	559,329	511,771
Right of use lease assets	149,594	150,915	153,738	156,994
Total assets	21,949,232	21,837,945	21,215,714	21,308,411

Unsecured notes, net	7,780,713	7,285,235	7,360,607	7,656,910
Variable rate unsecured credit facility and commercial paper, net	234,981	664,637	224,942	0
Mortgage notes payable, net	709,942	710,223	717,888	718,352
Dividends payable	252,757	253,107	251,378	244,519
Payables for construction	97,905	101,619	82,554	81,263
Accrued expenses and other liabilities	406,542	361,219	351,872	402,590
Lease liabilities	167,826	169,319	172,226	175,401
Accrued interest payable	75,834	58,667	75,101	80,225
Resident security deposits	61,237	63,621	62,863	64,267
Total liabilities	9,787,737	9,667,647	9,299,431	9,423,527
Redeemable noncontrolling interests	-	-	-	0
Common stock, 0.01 par value 280,000,000 shares authorized at september30, 2025 and december31, 2024 141,594,313 and 142,254,022 shares issued and outstanding at september30, 2025 and december31, 2024, respectively	1,415	1,423	1,423	1,422
Additional paid-in capital	11,271,388	11,323,160	11,307,940	11,303,799
Accumulated earnings less dividends	638,898	595,535	576,486	551,436
Accumulated other comprehensive income	26,214	27,601	30,434	28,227
Equity, attributable to parent	11,937,915	11,947,719	-	-
Equity, attributable to noncontrolling interest	223,580	222,579	-	-
Total equity	12,161,495	12,170,298	11,916,283	11,884,884
Total liabilities and equity	21,949,232	21,837,945	21,215,714	21,308,411

MyFinsight

Balance Sheets Overview

Debt to Asset Ratio
44.59%
Assets Breakdown
Buildings and improvements
Less accumulated depreciation
Land and improvements
Others
Liabilities Breakdown
Additional paid-in capital
Unsecured notes, net
Mortgage notes payable, net
Others

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Balance Sheets Overview

Debt to Asset Ratio
44.59%
Assets Breakdown
Buildings and improvements
Less accumulated depreciation
Land and improvements
Others
Liabilities Breakdown
Additional paid-in capital
Unsecured notes, net
Mortgage notes payable, net
Others

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Balance Sheets Overview

Debt to Asset Ratio44.59%Assets BreakdownBuildings and improvementsLess accumulated depreciationLand and improvementsOthersLiabilities BreakdownAdditional paid-in capitalUnsecured notes, netMortgage notes payable, netOthers

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Balance Sheets Overview

Debt to Asset Ratio44.59%Assets BreakdownBuildings and improvementsLess accumulated depreciationLand and improvementsOthersLiabilities BreakdownAdditional paid-in capitalUnsecured notes, netMortgage notes payable, netOthers

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Debt to Asset Ratio
44.59%
Assets Breakdown
Buildings and improvements
Less accumulated depreciation
Land and improvements
Others
Liabilities Breakdown
Additional paid-in capital
Unsecured notes, net
Mortgage notes payable, net
Others

Debt to Asset Ratio
44.59%
Assets Breakdown
Buildings and improvements
Less accumulated depreciation
Land and improvements
Others
Liabilities Breakdown
Additional paid-in capital
Unsecured notes, net
Mortgage notes payable, net
Others