The following summarizes the changes in equity for the three months ended March 31, 2014 (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, 2013	$	1,294	$	8,988,723	$	(345,254	)	$	(48,631	)	$	8,596,132		$	3,595	$	8,599,727

Net income attributable to common stockholders	—		—		141,739			—			141,739			—		141,739
Cash flow hedge loss reclassified to earnings	—		—		—			1,573			1,573			—		1,573
Change in redemption value of redeemable noncontrolling interest	—		—		1,081			—			1,081			—		1,081
Noncontrolling interests income allocation	—		—		—			—			—			7		7
Dividends declared to common stockholders	—		—		(150,304		)	—			(150,304		)	—		(150,304		)
Issuance of common stock, net of withholdings	2		4,033		(291		)	—			3,744			—		3,744
Amortization of deferred compensation	—		9,504		—			—			9,504			—		9,504

Balance at March 31, 2014	$	1,296	$	9,002,260	$	(353,029	)	$	(47,058	)	$	8,603,469		$	3,602	$	8,607,071