XML 41 R27.htm IDEA: XBRL DOCUMENT
v3.22.4

Commitments and Contingencies (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract] |
Summary of Weighted Average Remaining Lease Term and Discount Rates | The following table details the weighted average remaining lease term and discount rates for the Company’s ground and office leases:
Weighted-average remaining lease term - finance leases | 23 years
Weighted-average remaining lease term - operating leases | 38 years
Weighted-average discount rate - finance leases | 4.63 | %
Weighted-average discount rate - operating leases | 4.62 | %
Reconciliation of Undiscounted and Discounted Cash Flows for Finance Leases | The following tables detail the future minimum lease payments under the Company's current leases and a reconciliation of undiscounted and discounted cash flows for operating and finance leases (dollars in thousands):
| Payments due by period
| 2023 |  | 2024 |  | 2025 |  | 2026 |  | 2027 |  | Thereafter
Operating Lease Obligations | $ | 14,821 |  |  | $ | 14,544 |  |  | $ | 14,482 |  |  | $ | 14,301 |  |  | $ | 12,803 |  |  | $ | 279,529 |
Finance Lease Obligations | 1,084 |  |  | 1,087 |  |  | 1,089 |  |  | 1,091 |  |  | 1,094 |  |  | 36,859 |
| $ | 15,905 |  |  | $ | 15,631 |  |  | $ | 15,571 |  |  | $ | 15,392 |  |  | $ | 13,897 |  |  | $ | 316,388 |
| Total undiscounted cash flows |  | Total lease liabilities |  | Difference between discounted and undiscounted cash flows
Operating Lease Obligations | $ | 350,480 |  |  | $ | 142,602 |  |  | $ | 207,878 |
Finance Lease Obligations | 42,304 |  |  | 20,069 |  |  | 22,235 |
| $ | 392,784 |  |  | $ | 162,671 |  |  | $ | 230,113 |
Reconciliation of Undiscounted and Discounted Cash Flows for Operating Leases | The following tables detail the future minimum lease payments under the Company's current leases and a reconciliation of undiscounted and discounted cash flows for operating and finance leases (dollars in thousands):
| Payments due by period
| 2023 |  | 2024 |  | 2025 |  | 2026 |  | 2027 |  | Thereafter
Operating Lease Obligations | $ | 14,821 |  |  | $ | 14,544 |  |  | $ | 14,482 |  |  | $ | 14,301 |  |  | $ | 12,803 |  |  | $ | 279,529 |
Finance Lease Obligations | 1,084 |  |  | 1,087 |  |  | 1,089 |  |  | 1,091 |  |  | 1,094 |  |  | 36,859 |
| $ | 15,905 |  |  | $ | 15,631 |  |  | $ | 15,571 |  |  | $ | 15,392 |  |  | $ | 13,897 |  |  | $ | 316,388 |
| Total undiscounted cash flows |  | Total lease liabilities |  | Difference between discounted and undiscounted cash flows
Operating Lease Obligations | $ | 350,480 |  |  | $ | 142,602 |  |  | $ | 207,878 |
Finance Lease Obligations | 42,304 |  |  | 20,069 |  |  | 22,235 |
| $ | 392,784 |  |  | $ | 162,671 |  |  | $ | 230,113 |
Future Minimum Lease Payments Under Current Leases | The following tables detail the future minimum lease payments under the Company's current leases and a reconciliation of undiscounted and discounted cash flows for operating and finance leases (dollars in thousands):
| Payments due by period
| 2023 |  | 2024 |  | 2025 |  | 2026 |  | 2027 |  | Thereafter
Operating Lease Obligations | $ | 14,821 |  |  | $ | 14,544 |  |  | $ | 14,482 |  |  | $ | 14,301 |  |  | $ | 12,803 |  |  | $ | 279,529 |
Finance Lease Obligations | 1,084 |  |  | 1,087 |  |  | 1,089 |  |  | 1,091 |  |  | 1,094 |  |  | 36,859 |
| $ | 15,905 |  |  | $ | 15,631 |  |  | $ | 15,571 |  |  | $ | 15,392 |  |  | $ | 13,897 |  |  | $ | 316,388 |
| Total undiscounted cash flows |  | Total lease liabilities |  | Difference between discounted and undiscounted cash flows
Operating Lease Obligations | $ | 350,480 |  |  | $ | 142,602 |  |  | $ | 207,878 |
Finance Lease Obligations | 42,304 |  |  | 20,069 |  |  | 22,235 |
| $ | 392,784 |  |  | $ | 162,671 |  |  | $ | 230,113 |

X
- Definition Lease, Weighted-Average Remaining Lease Term and Discount Rate [Table Text Block] + References No definition available. + Details
Name: | avb_LeaseWeightedAverageRemainingLeaseTermandDiscountRateTableTextBlock
Namespace Prefix: | avb_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of future minimum lease payments for capital and operating leases. + References No definition available. + Details
Name: | avb_ScheduleOfFutureMinimumLeasePaymentsTableTextBlock
Namespace Prefix: | avb_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_CommitmentsAndContingenciesDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI https://asc.fasb.org/extlink&oid=128292326&loc=SL77918701-209980 + Details
Name: | us-gaap_FinanceLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI https://asc.fasb.org/extlink&oid=128292326&loc=SL77918701-209980 + Details
Name: | us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration