AMERICAN CAMPUS COMMUNITIES, INC. ACC Balance Sheet

American campus communities, inc. (ACC)

Balance Sheet / Yearly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Dec'09
Assets
Investments in real estate:
Wholly-owned properties, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,302	1,977	2,014
On-campus participating properties, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	63	63	65
Real Estate Investment Property, Net
6,710	6,769	6,836	6,753	6,694	6,661	6,600	6,512	6,624	6,532	6,345	5,888	5,651	5,538	5,931	5,809	5,663	5,667	5,629	5,488	5,522	5,533	5,452	5,382	5,323	5,286	5,089	5,038	4,983	4,928	4,024	3,075	2,948	2,848	2,574	2,480	2,511	2,496	2,365	2,041	2,080
Cash and cash equivalents
176	54	56	51	46	71	50	52	55	41	16	25	34	22	32	206	387	16	45	8	17	25	19	64	31	38	25	25	15	21	18	17	32	22	28	48	31	113	203	20	66
Restricted cash
32	26	29	37	33	35	39	34	28	23	25	28	24	24	29	34	40	33	36	40	34	31	31	35	36	35	37	39	38	36	51	39	21	22	24	26	27	26	26	31	29
Student contracts receivable, net
12	13	27	9	14	8	45	7	9	9	15	7	7	8	16	7	7	18	24	8	7	10	14	8	8	9	17	8	6	14	9	3	3	5	7	3	4	5	9	4	5
Operating lease right of use assets
459	460	461	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets
228	234	257	531	537	262	309	297	288	291	284	275	270	272	269	257	269	269	291	263	237	233	236	230	221	227	151	179	115	117	111	103	110	108	71	62	53	51	54	52	52
Assets
7,619	7,559	7,668	7,382	7,325	7,038	7,046	6,905	7,006	6,897	6,686	6,224	5,987	5,865	6,279	6,315	6,367	6,006	6,026	5,810	5,819	5,834	5,753	5,720	5,620	5,598	5,320	5,291	5,160	5,118	4,214	3,240	3,115	3,008	2,705	2,621	2,629	2,693	2,660	2,150	2,234
Liabilities and equity
Liabilities:
Secured Debt
749	787	827	872	864	853	920	990	682	664	662	680	683	688	927	1,054	1,087	1,094	1,123	1,105	1,194	1,331	1,387	1,425	1,432	1,507	1,414	1,500	1,516	1,509	1,157	919	871	858	887	911	1,085	1,144	1,099	947	1,029
Secured agency facility
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	87	87	87	95	104	104	104	116	116	116	116	116	96	101	101	-	30	-
Unsecured notes, net
-	-	-	-	-	-	-	1,587	1,586	-	1,190	1,189	1,189	1,188	1,188	1,187	1,187	1,186	1,197	798	798	798	798	798	398	398	398	398	-	0	-	-	-	-	-	-	-	-	-	-	-
Unsecured debt
-	-	-	-	-	-	-	198	647	-	646	347	149	149	348	348	348	597	600	600	600	600	600	600	600	600	350	350	350	350	350	350	350	200	200	200	-	-	-	-	-
Senior secured term loan
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	100	100	100	100	100
Unsecured revolving credit facility
-	-	-	-	-	-	-	51	218	-	266	142	186	99	20	0	0	68	0	229	131	242	138	0	271	150	175	97	321	258	206	241	150	273	34	-	-	-	-	-	-
Secured agency facility
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	101	94	94
Accounts payable and accrued expenses
53	88	86	67	58	88	86	66	52	53	79	62	48	76	77	61	49	71	81	68	51	70	73	58	49	65	63	49	44	56	57	38	29	36	37	30	25	34	34	26	26
Operating lease liabilities
477	473	469	285	282	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other liabilities
178	157	211	162	185	191	238	195	212	187	214	179	173	158	199	164	155	144	167	115	123	121	155	113	113	110	135	95	104	107	113	76	82	77	77	57	61	61	66	44	45
Liabilities
4,249	4,116	4,130	3,756	3,635	3,307	3,299	3,089	3,399	3,266	3,060	2,601	2,430	2,360	2,761	2,816	2,827	3,165	3,169	2,917	2,899	3,164	3,153	3,083	2,953	2,919	2,633	2,595	2,440	2,384	2,000	1,741	1,598	1,562	1,351	1,295	1,373	1,440	1,400	1,242	1,295
Commitments and contingencies (Note 12)
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	0
Temporary Equity, Carrying Amount, Including Portion Attributable to Noncontrolling Interests
17	104	157	185	186	184	184	131	126	132	112	55	55	55	63	73	66	59	59	62	67	54	50	53	52	47	49	52	56	57	56	42	-	42	-	-	-	-	-	-	-
Equity:
American Campus Communities, Inc. and Subsidiaries stockholders’ equity:
Common stock, $0.01 par value, 800,000,000 shares authorized, 137,523,031 and 137,326,824 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively
1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	0	0	0	0	0	0	0	0	0	0	0
Redeemable noncontrolling interests/limited partners
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	45	-	37	36	33	34	36	34	36
Additional paid in capital
4,467	4,458	4,455	4,460	4,455	4,458	4,456	4,507	4,332	4,326	4,321	4,312	4,183	4,118	4,095	4,021	4,026	3,325	3,326	3,323	3,315	3,102	3,022	3,013	3,011	3,017	3,014	3,006	3,000	3,001	2,470	1,737	1,734	1,664	1,594	1,546	1,476	1,468	1,465	1,101	1,092
Common stock held in rabbi trust, 81,416 and 77,928 shares at March 31, 2020 and December 31, 2019, respectively
3	3	3	3	3	3	3	3	2	2	2	1	1	0	0	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accumulated earnings and dividends
-1,129	-1,144	-1,104	-1,059	-1,005	-971	-955	-889	-872	-837	-816	-754	-692	-670	-639	-594	-557	-550	-533	-490	-460	-487	-474	-428	-401	-392	-382	-391	-361	-347	-335	-305	-291	-286	-278	-256	-254	-249	-240	-226	-189
Accumulated other comprehensive loss
-26	-16	-18	-18	-10	-4	-1	-2	-2	-2	-3	-3	-3	-4	-5	-7	-7	-5	-8	-6	-7	-6	-5	-7	-2	-1	-2	-1	-5	-6	-7	-5	0	-3	-4	-4	-4	-5	-6	-6	-4
Total American Campus Communities, Inc. and Subsidiaries stockholders’ equity
3,309	3,294	3,330	3,379	3,438	3,481	3,497	3,614	3,456	3,484	3,500	3,554	3,487	3,444	3,450	3,420	3,462	2,770	2,785	2,826	2,848	2,609	2,543	2,578	2,608	2,624	2,630	2,615	2,634	2,648	2,128	1,427	1,443	1,375	1,312	1,286	1,218	1,213	1,219	869	899
Noncontrolling interests - partially owned properties
42	43	50	-	-	65	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	28	-	-	-	3	3	3	3	3	3	3
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest
3,352	3,338	3,380	3,440	3,503	3,546	3,562	3,684	3,480	3,498	3,513	3,567	3,501	3,450	3,454	3,424	3,473	2,781	2,796	2,830	2,852	2,615	2,549	2,584	2,614	2,630	2,636	2,643	2,663	2,677	2,157	1,456	1,471	1,403	1,316	1,289	1,221	1,217	1,223	873	902
Capital:
Partners’ capital:
Total liabilities and equity / capital
7,619	7,559	7,668	7,382	7,325	7,038	7,046	6,905	7,006	6,897	6,686	6,224	5,987	5,865	6,279	6,315	6,367	6,006	6,026	5,810	5,819	5,834	5,753	5,720	5,620	5,598	5,320	5,291	5,160	5,118	4,214	3,240	3,115	3,008	2,705	2,621	2,629	2,693	2,660	2,150	2,234
AMERICAN CAMPUS COMMUNITIES OPERATING PARTNERSHIP LP
Real Estate Investment Property, Net
6,710	6,769	6,836	6,753	6,694	6,661	6,600	6,512	6,624	6,532	6,345	5,888	5,651	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash and cash equivalents
176	54	56	51	46	71	50	52	55	41	16	25	34	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restricted cash
32	26	29	37	33	35	39	34	28	23	25	28	24	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Student contracts receivable, net
12	13	27	9	14	8	45	7	9	9	15	7	7	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating lease right of use assets
459	460	461	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets
228	234	257	531	537	262	309	297	288	291	284	275	270	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Assets
7,619	7,559	7,668	7,382	7,325	7,038	7,046	6,905	7,006	6,897	6,686	6,224	5,987	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Secured Debt
749	787	827	872	864	853	920	990	682	664	662	680	683	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable and accrued expenses
53	88	86	67	58	88	86	66	52	53	79	62	48	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating lease liabilities
477	473	469	285	282	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other liabilities
178	157	211	162	185	191	238	195	212	187	214	179	173	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Liabilities
4,249	4,116	4,130	3,756	3,635	3,307	3,299	3,089	3,399	3,266	3,060	2,601	2,430	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Temporary Equity, Carrying Amount, Including Portion Attributable to Noncontrolling Interests
17	104	157	185	186	184	184	131	126	132	112	55	55	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accumulated other comprehensive loss
-26	-16	-18	-18	-10	-4	-1	-2	-2	-2	-3	-3	-3	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General partner - 12,222 OP units outstanding at both March 31, 2020 and December 31, 2019
0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Limited partner - 137,592,225 and 137,392,530 OP units outstanding at March 31, 2020 and December 31, 2019, respectively
3,336	3,311	3,348	3,398	3,449	3,485	3,499	3,616	3,458	3,487	3,503	3,557	3,491	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accumulated other comprehensive loss
-26	-16	-18	-18	-10	-4	-1	-2	-2	-2	-3	-3	-3	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total partners’ capital
3,309	3,294	3,330	3,379	3,438	3,481	3,497	3,614	3,456	3,484	3,500	3,554	3,487	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Noncontrolling interests - partially owned properties
42	43	50	-	-	65	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Partners' Capital, Including Portion Attributable to Noncontrolling Interest
3,352	3,338	3,380	3,440	3,503	3,546	3,562	3,684	3,480	3,498	3,513	3,567	3,501	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total liabilities and equity / capital
7,619	7,559	7,668	7,382	7,325	7,038	7,046	6,905	7,006	6,897	6,686	6,224	5,987	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Owned properties
Real Estate Investment Property, Net
6,636	6,694	6,759	6,676	6,606	6,583	6,521	6,432	6,543	6,450	6,262	5,805	5,541	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Owned property held for sale
Investments in real estate, net
-	-	-	-	9	-	-	-	-	-	0	0	25	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
On Campus Participating Properties [Member]
Real Estate Investment Property, Net
73	75	76	77	78	77	78	79	81	81	83	82	84	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Wholly Owned Properties [Member]
Secured mortgage, construction and bond debt, net
-	-	-	-	-	-	-	-	-	-	541	575	579	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unsecured notes, net
Unsecured debt
1,981	1,985	1,984	1,983	1,589	1,588	1,587	-	-	1,585	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unsecured term loans, net
Unsecured debt
199	199	199	198	198	198	198	-	-	647	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unsecured revolving credit facility
Unsecured debt
609	425	352	185	457	387	266	-	-	127	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
AMERICAN CAMPUS COMMUNITIES OPERATING PARTNERSHIP, L.P.
Unsecured Notes
-	-	-	-	-	-	-	1,587	1,586	-	1,190	1,189	1,189	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unsecured term loans, net
-	-	-	-	-	-	-	198	647	-	646	347	149	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unsecured revolving credit facility
-	-	-	-	-	-	-	51	218	-	266	142	186	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Noncontrolling interests - partially owned properties
Noncontrolling interests - partially owned properties
-	-	-	60	64	-	65	69	23	13	13	13	13	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-