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Pay vs Performance Disclosure
12 Months Ended
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Pay vs Performance Disclosure [Table]      
Pay vs Performance [Table Text Block]
Pay Versus Performance Tables
The following table sets forth information concerning the compensation paid to our CEO and to our other NEOs compared to company performance for the years ended December 31, 2022, 2021 and 2020.
 
                                                                 
               
Year
 
Summary
Compensation
Table Total Pay for
CEO
 (1)(2)
($)
   
CAP
to CEO 
(3)
($)
   
Average Summary
Compensation
Table Total Pay for
Other NEOs
 (1)(2)
($)
   
Average CAP
to Other
NEOs
 (3)
($)
   
Value of Initial Fixed $100
Investment Based on:
   
GAAP Net
Income
 (5)
($)
   
Core FFO
per
Share
($)
 
 
TSR
(4)
($)
   
Peer Group
TSR
(4)
($)
 
                 
2022
 
 
6,482,600
 
 
 
5,063,676
 
 
 
2,965,317
 
 
 
2,058,580
 
 
 
119
 
 
 
100
 
 
 
310,025
 
 
 
1.54
 
                 
2021
 
 
4,592,060
 
 
 
6,624,511
 
 
 
2,551,105
 
 
 
3,919,810
 
 
 
169
 
 
 
132
 
 
 
210,559
 
 
 
1.36
 
                 
2020
 
 
3,341,650
 
 
 
3,488,258
 
 
 
1,855,710
 
 
 
1,798,939
 
 
 
115
 
 
 
92
 
 
 
154,829
 
 
 
1.16
 
(1) For each year shown, the CEO was David P. Singelyn. For 2022 and 2021, the other NEOs were Jack Corrigan, Bryan Smith, Christopher C. Lau and Sara H. Vogt-Lowell, and for 2020, the other NEOs were Jack Corrigan, Bryan Smith, Christopher C. Lau, Sara H. Vogt-Lowell and Stephanie G. Heim.
(2) The values reflected in this column reflect the “Total”
compensation
set forth in the Summary Compensation Table (“SCT”) on page 51. See the footnotes to the SCT for further detail regarding the amounts in this column.
(3) Compensation actually paid (“CAP”) is defined by the SEC and is computed in accordance with SEC rules by subtracting the amounts in the “Stock Awards” and “Option Awards” columns of the SCT for each year from the “Total” column of the SCT and then: (i) adding the fair value as of the end of the reported year of all awards granted during the reporting year that are outstanding and unvested as of the end of the reporting year; (ii) adding the amount equal to the change as of the end of the reporting year (from the end of the prior year) in fair value (whether positive or negative) of any awards granted in any prior year that are outstanding and unvested as of the end of the reporting year; (iii) adding the amount equal to the change as of the vesting date (from the end of the prior fiscal year) in fair value (whether positive or negative) of any awards granted in any prior year for which all applicable vesting conditions were satisfied at the end of or during the reporting year; (iv) subtracting for any awards granted in any prior year that are forfeited during the reporting year, the amount equal to the fair value at the end of the prior year; and (v) adding the value of any dividends (or dividend equivalents) paid in the reporting year on unvested equity awards and the value of accrued dividends (or dividend equivalents) paid on performance awards that vested in the reporting year. The following tables reflect the adjustments made to SCT total compensation to compute CAP for our CEO and average CAP for our other NEOs.
CEO
 
                                                                 
Year
 
SCT Total Comp
($)
   
Minus

SCT Equity
Awards
($)
   
Plus
Value of New
Unvested Awards
as of 12/31
($)
   
Plus
Annual
Change in

Value of

Prior Year
Awards that
Remain

Unvested
($)
   
Plus

Change in

Value of

Prior Year

Awards
that Vest
During Year
($)
   
Minus

Value of

Forfeited

Prior Years

Awards
($)
   
Plus
Dividends
on

Unvested

Awards/
Accrued

Dividends
($)
   
Equals

CAP
($)
 
                 
2022
 
 
6,482,600
 
 
 
(4,303,200
 
 
4,264,939
 
 
 
(1,310,698
 
 
(124,730
 
 
-
 
 
 
54,765
 
 
 
5,063,676
 
                 
2021
 
 
4,592,060
 
 
 
(1,872,600
 
 
3,317,343
 
 
 
540,671
 
 
 
19,068
 
 
 
-
 
 
 
27,969
 
 
 
6,624,511
 
                 
2020
 
 
3,341,650
 
 
 
(1,650,000
 
 
1,787,670
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
8,938
 
 
 
3,488,258
 
Other NEOs Average
 
                                                                 
Year
 
SCT Total Comp
($)
   
Minus

SCT Equity
Awards
($)
   
Plus
Value of New
Unvested Awards
as of 12/31
($)
   
Plus
Annual
Change in

Value of

Prior Year
Awards that
Remain

Unvested
($)
   
Plus

Change in

Value of

Prior Year

Awards
that Vest
During Year
($)
   
Minus

Value of

Forfeited

Prior Years

Awards
($)
   
Plus
Dividends
on

Unvested

Awards/
Accrued

Dividends
($)
   
Equals

CAP
($)
 
                 
2022
 
 
2,965,317
 
 
 
(1,842,275
 
 
1,825,938
 
 
 
(774,193
 
 
(151,118
 
 
-
 
 
 
34,911
 
 
 
2,058,580
 
                 
2021
 
 
2,551,105
 
 
 
(1,163,075
 
 
1,943,314
 
 
 
528,580
 
 
 
33,276
 
 
 
-
 
 
 
26,610
 
 
 
3,919,810
 
                 
2020
 
 
1,855,710
 
 
 
(849,000
 
 
800,659
 
 
 
100,544
 
 
 
50,360
 
 
 
(169,672
 
 
10,338
 
 
 
1,798,939
 
(4) Reflects the cumulative TSR of the Company and the MSCI US REIT Index for the year ended December 31, 2020, the two years ended December 31, 2021 and the three years ended December 31, 2022, assuming a $100 investment at the closing price on December 31, 2019 and the reinvestment of all dividends.
(5) Amounts in thousands.
   
Company Selected Measure Name Core FFO    
Named Executive Officers, Footnote [Text Block] For each year shown, the CEO was David P. Singelyn. For 2022 and 2021, the other NEOs were Jack Corrigan, Bryan Smith, Christopher C. Lau and Sara H. Vogt-Lowell, and for 2020, the other NEOs were Jack Corrigan, Bryan Smith, Christopher C. Lau, Sara H. Vogt-Lowell and Stephanie G. Heim.    
Peer Group Issuers, Footnote [Text Block] Reflects the cumulative TSR of the Company and the MSCI US REIT Index for the year ended December 31, 2020, the two years ended December 31, 2021 and the three years ended December 31, 2022, assuming a $100 investment at the closing price on December 31, 2019 and the reinvestment of all dividends.    
PEO Total Compensation Amount $ 6,482,600 $ 4,592,060 $ 3,341,650
PEO Actually Paid Compensation Amount $ 5,063,676 6,624,511 3,488,258
Adjustment To PEO Compensation, Footnote [Text Block] Compensation actually paid (“CAP”) is defined by the SEC and is computed in accordance with SEC rules by subtracting the amounts in the “Stock Awards” and “Option Awards” columns of the SCT for each year from the “Total” column of the SCT and then: (i) adding the fair value as of the end of the reported year of all awards granted during the reporting year that are outstanding and unvested as of the end of the reporting year; (ii) adding the amount equal to the change as of the end of the reporting year (from the end of the prior year) in fair value (whether positive or negative) of any awards granted in any prior year that are outstanding and unvested as of the end of the reporting year; (iii) adding the amount equal to the change as of the vesting date (from the end of the prior fiscal year) in fair value (whether positive or negative) of any awards granted in any prior year for which all applicable vesting conditions were satisfied at the end of or during the reporting year; (iv) subtracting for any awards granted in any prior year that are forfeited during the reporting year, the amount equal to the fair value at the end of the prior year; and (v) adding the value of any dividends (or dividend equivalents) paid in the reporting year on unvested equity awards and the value of accrued dividends (or dividend equivalents) paid on performance awards that vested in the reporting year. The following tables reflect the adjustments made to SCT total compensation to compute CAP for our CEO and average CAP for our other NEOs.
CEO
 
                                                                 
Year
 
SCT Total Comp
($)
   
Minus

SCT Equity
Awards
($)
   
Plus
Value of New
Unvested Awards
as of 12/31
($)
   
Plus
Annual
Change in

Value of

Prior Year
Awards that
Remain

Unvested
($)
   
Plus

Change in

Value of

Prior Year

Awards
that Vest
During Year
($)
   
Minus

Value of

Forfeited

Prior Years

Awards
($)
   
Plus
Dividends
on

Unvested

Awards/
Accrued

Dividends
($)
   
Equals

CAP
($)
 
                 
2022
 
 
6,482,600
 
 
 
(4,303,200
 
 
4,264,939
 
 
 
(1,310,698
 
 
(124,730
 
 
-
 
 
 
54,765
 
 
 
5,063,676
 
                 
2021
 
 
4,592,060
 
 
 
(1,872,600
 
 
3,317,343
 
 
 
540,671
 
 
 
19,068
 
 
 
-
 
 
 
27,969
 
 
 
6,624,511
 
                 
2020
 
 
3,341,650
 
 
 
(1,650,000
 
 
1,787,670
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
8,938
 
 
 
3,488,258
 
   
Non-PEO NEO Average Total Compensation Amount $ 2,965,317 2,551,105 1,855,710
Non-PEO NEO Average Compensation Actually Paid Amount $ 2,058,580 3,919,810 1,798,939
Adjustment to Non-PEO NEO Compensation Footnote [Text Block] Compensation actually paid (“CAP”) is defined by the SEC and is computed in accordance with SEC rules by subtracting the amounts in the “Stock Awards” and “Option Awards” columns of the SCT for each year from the “Total” column of the SCT and then: (i) adding the fair value as of the end of the reported year of all awards granted during the reporting year that are outstanding and unvested as of the end of the reporting year; (ii) adding the amount equal to the change as of the end of the reporting year (from the end of the prior year) in fair value (whether positive or negative) of any awards granted in any prior year that are outstanding and unvested as of the end of the reporting year; (iii) adding the amount equal to the change as of the vesting date (from the end of the prior fiscal year) in fair value (whether positive or negative) of any awards granted in any prior year for which all applicable vesting conditions were satisfied at the end of or during the reporting year; (iv) subtracting for any awards granted in any prior year that are forfeited during the reporting year, the amount equal to the fair value at the end of the prior year; and (v) adding the value of any dividends (or dividend equivalents) paid in the reporting year on unvested equity awards and the value of accrued dividends (or dividend equivalents) paid on performance awards that vested in the reporting year. The following tables reflect the adjustments made to SCT total compensation to compute CAP for our CEO and average CAP for our other NEOs.
Other NEOs Average
 
                                                                 
Year
 
SCT Total Comp
($)
   
Minus

SCT Equity
Awards
($)
   
Plus
Value of New
Unvested Awards
as of 12/31
($)
   
Plus
Annual
Change in

Value of

Prior Year
Awards that
Remain

Unvested
($)
   
Plus

Change in

Value of

Prior Year

Awards
that Vest
During Year
($)
   
Minus

Value of

Forfeited

Prior Years

Awards
($)
   
Plus
Dividends
on

Unvested

Awards/
Accrued

Dividends
($)
   
Equals

CAP
($)
 
                 
2022
 
 
2,965,317
 
 
 
(1,842,275
 
 
1,825,938
 
 
 
(774,193
 
 
(151,118
 
 
-
 
 
 
34,911
 
 
 
2,058,580
 
                 
2021
 
 
2,551,105
 
 
 
(1,163,075
 
 
1,943,314
 
 
 
528,580
 
 
 
33,276
 
 
 
-
 
 
 
26,610
 
 
 
3,919,810
 
                 
2020
 
 
1,855,710
 
 
 
(849,000
 
 
800,659
 
 
 
100,544
 
 
 
50,360
 
 
 
(169,672
 
 
10,338
 
 
 
1,798,939
 
   
Compensation Actually Paid vs. Total Shareholder Return [Text Block] our cumulative TSR and the cumulative TSR of the constituent companies in the MSCI US REIT Index,
LOGO
   
Compensation Actually Paid vs. Net Income [Text Block] our GAAP net income, and (iii) our Core FFO per share (in each case as set forth in the table above).
LOGO
   
Compensation Actually Paid vs. Company Selected Measure [Text Block]
LOGO
   
Tabular List [Table Text Block]
Financial Performance Measures.
The most important financial performance measures used by the Company in setting
pay-for-performance
compensation for the most recently completed fiscal year are listed in the table below. The manner in which these measures, together with certain
non-financial
performance measures, determine the amounts of incentive compensation paid to our NEOs is described above in the “Compensation Discussion and Analysis” section.
 
 
 
Significant Financial Performance Measures
 
Core FFO Growth
 
Relative TSR (compared to the benchmarking peer group and constituents in the FTSE NAREIT Residential Index)
   
Total Shareholder Return Amount $ 119 169 115
Peer Group Total Shareholder Return Amount 100 132 92
Net Income (Loss) $ 310,025,000 $ 210,559,000 $ 154,829,000
Company Selected Measure Amount 1.54 1.36 1.16
PEO Name David P. Singelyn    
Measure [Axis]: 1      
Pay vs Performance Disclosure [Table]      
Measure Name Core FFO Growth    
Measure [Axis]: 2      
Pay vs Performance Disclosure [Table]      
Measure Name Relative TSR (compared to the benchmarking peer group and constituents in the FTSE NAREIT Residential Index)    
PEO [Member] | Minus SCT Equity Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ (4,303,200) $ (1,872,600) $ (1,650,000)
PEO [Member] | Plus Value of New Unvested Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 4,264,939 3,317,343 1,787,670
PEO [Member] | Plus Change in Value of Prior Years Unvested Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (1,310,698) 540,671  
PEO [Member] | Plus Change in Value of Prior Years Vested Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (124,730) 19,068  
PEO [Member] | Plus Dividends on Unvested Awards/ Accrued Dividends [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 54,765 27,969 8,938
Non-PEO NEO [Member] | Minus SCT Equity Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (1,842,275) (1,163,075) (849,000)
Non-PEO NEO [Member] | Plus Value of New Unvested Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 1,825,938 1,943,314 800,659
Non-PEO NEO [Member] | Plus Change in Value of Prior Years Unvested Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (774,193) 528,580 100,544
Non-PEO NEO [Member] | Plus Change in Value of Prior Years Vested Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (151,118) 33,276 50,360
Non-PEO NEO [Member] | Minus Value of Forfeited Prior Years Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount     (169,672)
Non-PEO NEO [Member] | Plus Dividends on Unvested Awards/ Accrued Dividends [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ 34,911 $ 26,610 $ 10,338