10-K/APeriod: FY2006

AVALONBAY COMMUNITIES INC Annual Report (Amendment), Year Ended Dec 31, 2006

Filed May 10, 2007For Securities:AVB

Summary

AvalonBay Communities, Inc. (AVB) filed an amended Annual Report (10-K/A) for the fiscal year ended December 31, 2006. This filing provides a comprehensive overview of the company's business, financial condition, and operations. As a real estate investment trust (REIT) focused on apartment communities, investors should pay close attention to details regarding their property portfolio, operational performance, and financial health. The report indicates AVB is a large accelerated filer and has been subject to regular filing requirements, suggesting a mature and established company. The aggregate market value of its common stock held by non-affiliates as of June 30, 2006, was substantial at over $8.2 billion, underscoring its significant market presence.

Key Highlights

  • 1AVB operates as a real estate investment trust (REIT) focused on developing, acquiring, and managing apartment communities.
  • 2The company's common stock is listed on the New York Stock Exchange, indicating a high level of liquidity and investor interest.
  • 3As of June 30, 2006, the aggregate market value of AVB's common stock held by non-affiliates was approximately $8.23 billion, reflecting its substantial market capitalization.
  • 4The filing is an amendment (10-K/A), suggesting potential updates or corrections to the original annual report.
  • 5The report covers the fiscal year ended December 31, 2006, providing historical financial performance data.
  • 6AVB is classified as a large accelerated filer, indicating it meets specific size and reporting history criteria.
  • 7The company has registered both common stock and 8.70% Series H Cumulative Redeemable Preferred Stock on the NYSE.

Frequently Asked Questions

AvalonBay Communities, Inc. is a real estate investment trust (REIT) that focuses on the development, acquisition, and management of apartment communities, primarily in select urban and suburban submarkets of the United States.

An amended filing (10-K/A) indicates that the company is providing updated or corrected information to its original annual report. Investors should review the specific changes made in the amendment to understand any revisions to the previously reported financial data or disclosures.

Being a 'large accelerated filer' means AVB meets certain size and reporting history thresholds set by the SEC. Specifically, it indicates the company has a public float of $700 million or more, has been subject to the reporting requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934 for at least 12 calendar months, and has filed at least one annual report on Form 10-K. This classification generally signifies a well-established company with significant market presence.

AvalonBay Communities, Inc. has its Common Stock, par value $.01 per share, and its 8.70% Series H Cumulative Redeemable Preferred Stock, par value $.01 per share, registered on the New York Stock Exchange.