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	2024-12-31
Land and improvements	4,924,925	4,893,199	4,903,886	4,888,146
Buildings and improvements	21,027,361	20,727,161	20,625,788	20,454,276
Furniture, fixtures and equipment	1,505,473	1,456,106	1,426,015	1,387,506
Gross operating real estate	27,457,759	27,076,466	26,955,689	26,729,928
Less accumulated depreciation	8,555,747	8,416,462	8,351,624	8,164,411
Net operating real estate	18,902,012	18,660,004	18,604,065	18,565,517
Construction in progress, including land	1,428,609	1,399,174	1,198,280	1,042,673
Land held for development	126,050	101,066	141,978	151,922
Real estate assets held for sale, net	69,578	334,245	58,141	6,950
Total real estate, net	20,526,249	20,494,489	20,002,464	19,767,062
Cash and cash equivalents	123,313	102,825	53,255	108,576
Restricted cash	198,578	192,547	165,852	158,500
Unconsolidated investments	206,185	227,207	226,622	227,320
Deferred development costs	101,523	64,221	54,454	43,675
Prepaid expenses and other assets	643,790	605,741	559,329	540,950
Right of use lease assets	149,594	150,915	153,738	154,654
Total assets	21,949,232	21,837,945	21,215,714	21,000,737

Unsecured notes, net	7,780,713	7,285,235	7,360,607	7,358,784
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	718,465
Dividends payable	252,757	253,107	251,378	244,967
Payables for construction	97,905	101,619	82,554	85,954
Accrued expenses and other liabilities	406,542	361,219	351,872	356,987
Lease liabilities	167,826	169,319	172,226	173,282
Accrued interest payable	75,834	58,667	75,101	58,377
Resident security deposits	61,237	63,621	62,863	62,829
Total liabilities	9,787,737	9,667,647	9,299,431	9,059,645
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	11,314,116
Accumulated earnings less dividends	638,898	595,535	576,486	591,250
Accumulated other comprehensive income	26,214	27,601	30,434	34,304
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	11,941,092
Total liabilities and equity	21,949,232	21,837,945	21,215,714	21,000,737

Unit: Thousand (K) dollars

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