Discontinued — last reported Q1 '19
An increase indicates successful lease-up of new units and effective execution of the development pipeline, while a decrease may signal delays in construction, slower-than-expected absorption, or market weakness in new supply.
This metric represents the total rental income generated by apartment communities currently in the development or redeve...
Comparable to 'lease-up revenue' or 'stabilizing property income' reported by other multi-family REITs, though specific definitions of 'development' status vary by company accounting policy.
avb_segment_development_redevelopment_communities_operating_leases_income_statement_lease_revenue