AvalonBay Communities Right of use lease assets decreased by 1.2% to $145.70M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 5.2%, from $153.74M to $145.70M. Over 5 years (FY 2020 to FY 2025), Right of use lease assets shows relatively stable performance with a -1.0% CAGR.
An increase reflects new lease agreements or renewals, while a decrease reflects amortization or lease expirations.
This represents the capitalized value of the right to use a leased asset over the lease term, recognized under accountin...
Standardized across all public companies following the adoption of ASC 842 lease accounting.
non_current_assets_lease_right_of_use_asset_af32c1| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $154.44M | $152.32M | $146.60M | $148.29M | $147.17M | $145.70M | $143.33M | $138.26M | $136.18M | $135.78M | $134.67M | $132.47M | $133.20M | $156.99M | $154.65M | $153.74M | $150.92M | $149.59M | $147.54M | $145.70M |
| QoQ Change | — | -1.4% | -3.8% | +1.2% | -0.8% | -1.0% | -1.6% | -3.5% | -1.5% | -0.3% | -0.8% | -1.6% | +0.5% | +17.9% | -1.5% | -0.6% | -1.8% | -0.9% | -1.4% | -1.2% |
| YoY Change | — | — | — | — | -4.7% | -4.3% | -2.2% | -6.8% | -7.5% | -6.8% | -6.0% | -4.2% | -2.2% | +15.6% | +14.8% | +16.1% | +13.3% | -4.7% | -4.6% | -5.2% |