10-QPeriod: Q3 FY2004

AVALONBAY COMMUNITIES INC Quarterly Report for Q3 Ended Sep 30, 2004

Filed November 4, 2004For Securities:AVB

Summary

AvalonBay Communities Inc. (AVB) filed its 10-Q for the quarterly period ending September 30, 2004, providing investors with a look into its financial condition and operational performance. The filing includes unaudited condensed consolidated financial statements for balance sheets, statements of operations and comprehensive income, and cash flows for the nine months ended September 30, 2004, compared to the prior year. This report is crucial for understanding the company's trajectory and its ability to generate value from its real estate portfolio. Key areas of focus for investors in this report include the company's revenue generation, expense management, profitability trends, and its overall liquidity and financial health. The Management's Discussion and Analysis (MD&A) section will offer critical insights into the factors driving these financial results, potential risks, and management's strategies for future growth and operations. Investors should pay close attention to any significant changes in assets, liabilities, and equity, as well as the effectiveness of AVB's operating and financing activities.

Key Highlights

  • 1The filing contains unaudited Condensed Consolidated Financial Statements, including Balance Sheets, Statements of Operations, and Cash Flows for the nine months ended September 30, 2004, compared to the prior year.
  • 2Management's Discussion and Analysis (MD&A) provides detailed commentary on the company's financial condition and results of operations.
  • 3Investors can find information regarding legal proceedings, unregistered sales of securities, and other pertinent company matters in Part II of the report.
  • 4The report covers the period up to September 30, 2004, offering a snapshot of AVB's performance midway through the fiscal year.
  • 5Quantitative and Qualitative Disclosures About Market Risk are included, which is essential for understanding AVB's exposure to various financial risks.
  • 6Details on Controls and Procedures highlight the company's internal mechanisms for financial reporting integrity.

Frequently Asked Questions

This 10-Q filing provides an update on AvalonBay Communities Inc.'s financial performance and condition for the quarterly period ending September 30, 2004. It includes unaudited financial statements and management's analysis, offering investors insights into the company's operations, financial health, and market risks.

Information regarding AVB's revenue and profitability trends can be found in the 'Condensed Consolidated Statements of Operations and Other Comprehensive Income' for the three and nine months ended September 30, 2004, and 2003. The 'Management's Discussion and Analysis of Financial Condition and Results of Operations' section will also provide detailed explanations of these trends.

Yes, Part II, Item 1 of the report addresses 'Legal Proceedings,' which would detail any significant ongoing legal matters that could impact the company. Additionally, Item 3, 'Quantitative and Qualitative Disclosures About Market Risk,' outlines the company's exposure to financial risks.

The financial statements in this 10-Q cover the nine months ended September 30, 2004, with comparative figures for the same period in 2003. It also includes balance sheet information as of September 30, 2004, and December 31, 2003.