AMERICAN CAMPUS COMMUNITIES, INC. ACC Cash Flow

American campus communities, inc. (ACC)

CashFlow / Quarterly

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	Mar'10
Operating activities
Net income
82,061	25,848	19,336	10,210	31,368	49,621	-2,737	45,990	26,250	39,558	-1,233	-2,653	34,449	25,804	9,845	18,765	46,209	28,860	2,016	15,918	71,267	27,291	-5,785	13,731	28,867	28,312	47,832	8,666	22,381	25,404	1,022	13,007	20,805	16,119	1,792	22,181	17,880	14,130	4,086	937	-2,055
Adjustments to reconcile net income to net cash provided by operating activities:
Gain from disposition of real estate
48,525	229	0	-282	0	-	-	-	-	-	-	-	-	3,788	0	0	17,409	0	4,657	3,790	44,252	-301	-67	0	2,843	2,432	52,831	0	0	-	-	-	-	-	-	-	-	0	0	-59	-3,646
Gain (Loss) on Extinguishment of Debt
-4,827	0	20,992	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for impairment
0	14,013	0	0	3,201	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	4,036
Non-cash litigation settlement expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,800	-	-	-	-	-	-	-	-	-	-	-	-
Loss on remeasurement of equity method investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-122	-	-	-	-	-	-	-	-
Depreciation and amortization
66,169	68,546	68,930	68,815	68,755	68,756	66,131	63,537	64,779	65,564	61,125	55,943	52,323	51,901	52,067	53,703	53,716	54,685	52,248	51,582	50,273	51,294	49,576	48,450	48,222	47,416	45,379	47,709	46,971	39,083	28,526	24,482	24,399	22,690	22,205	22,104	22,272	21,972	19,979	17,795	17,822
Amortization of deferred financing costs and debt premiums/discounts
-3	249	236	72	-19	-69	-25	995	-16	-180	-885	-905	-901	-1,092	-1,681	-1,757	-615	-1,554	-1,746	-1,440	-1,540	-1,702	-1,720	-1,681	-1,666	-1,891	-2,036	-2,077	-2,284	-588	460	738	706	265	480	-112	-307	-234	799	1,011	1,109
Share-based compensation
3,988	3,003	3,105	3,744	3,765	2,254	2,875	3,604	3,443	2,453	2,499	4,646	4,256	2,223	2,328	2,841	2,651	1,826	1,871	2,403	2,061	1,651	1,650	1,999	1,864	1,617	1,614	1,816	1,578	1,402	1,325	1,326	1,297	1,088	1,088	1,204	987	911	886	1,019	929
Income tax provision
379	524	305	314	364	282	-219	2,085	281	198	267	267	257	115	345	345	345	310	311	310	311	439	290	289	290	255	255	255	255	232	181	156	156	60	88	142	143	142	143	142	143
Amortization of interest rate swap terminations and other
428	432	433	166	102	104	104	102	102	104	104	102	102	304	104	102	103	104	104	102	102	104	103	15	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from unconsolidated joint ventures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	444	-574	-42	-13	-12	111	-9	-711	-1,414
Distributions received from unconsolidated joint ventures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20	0	0	180
Student contracts receivable, net
Restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-3,504	334	3,904	-3,942	-1,159	474	2,971	-1,511	-2,311	-596	2,911	-1,795	-1,871	-519	922	-1,731	17	6,053	-3,298	-2,271	-474	102	1,778	-2,567	-2,057	-339	-2,405
Student contracts receivable, net
-1,143	-13,805	18,242	-4,521	5,491	-36,732	37,470	-1,442	556	-6,361	8,014	-592	-647	-6,959	9,533	93	-11,376	-5,654	16,264	372	-1,585	-4,515	5,742	943	-1,211	-7,954	9,132	1,848	-7,647	4,645	5,575	763	-2,250	-1,951	3,677	-523	-1,597	-3,873	4,901	-271	-991
Other assets
-6,990	-4,616	4,338	-3,000	7,723	-7,169	11,036	7,803	-2,100	-5,038	-11,278	11,279	2,535	10,793	10,942	-7,499	1,669	6,623	17,305	11,214	-11,667	1,377	6,334	9,506	-4,585	-1,243	3,484	10,869	1,962	-10,234	3,205	1,550	-5,979	11,786	-3,559	6,190	3,254	-1,422	519	3,166	95
Accounts payable and accrued expenses
-36,172	1,655	19,229	8,179	-30,595	1,085	20,154	11,148	-1,088	-26,425	15,727	12,345	-28,365	-2,852	14,618	11,307	-23,156	7,963	1,909	7,558	-18,631	-823	18,959	5,652	-19,990	1,459	13,495	7,477	-17,395	-3,568	13,061	5,669	-9,800	-550	6,612	4,715	-10,419	-366	4,192	4,638	-5,410
Other liabilities
9,499	-35,809	57,345	-18,377	16,885	-46,350	59,698	-18,252	12,845	-19,683	33,994	-10,144	5,731	-24,031	30,887	-5,150	-3,580	-10,318	27,779	-7,565	7,240	-21,887	32,019	-6,393	3,437	-16,181	29,117	-1,118	-2,080	-4,868	16,215	-5,126	788	-4,418	12,737	-4,737	453	-7,004	11,677	-3,095	137
Net cash provided by operating activities
90,784	96,653	125,347	67,767	80,612	109,688	97,475	61,318	108,140	72,988	114,862	64,863	65,964	63,220	91,542	87,228	64,067	84,849	48,807	53,018	77,112	61,197	87,771	52,209	61,066	69,879	72,080	47,730	56,989	61,779	51,993	31,803	49,556	28,591	45,400	25,167	27,586	35,529	34,507	20,661	25,252
Investing activities
Proceeds from disposition of properties and land parcels
146,144	99,708	0	8,854	0	-	-	-	-	-	-	-	-	498,784	0	27	72,613	99	31,325	169,348	226,532	2,789	5,985	0	1,327	25,231	155,234	0	0	-	-	-	-	-	-	-	-	-1	0	1,017	1,098
Cash paid for acquisition of properties and land parcels
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-6,850	23,276	108,345	166,581	65,521	3	0	9,117	141,818	92,245	0	263	471,466	578,737	41,525	14,319	-	-	-	-	-	-	-	-
Cash paid for land acquisitions
-	-	-	-	-	-	-	-	-	-	-8,069	4,730	12,225	-	0	856	0	-	-	-	-	114	551	10	2,952	15,729	9,413	507	0	4,250	5,397	11,936	7,770	287	0	7,512	458	-	-	-	-
Capital expenditures for owned properties/on-campus participating properties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	94,727	7,595	9,618
Investment in on-campus participating property under development
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	448	2,661	4,755	8,293	11,959	8,431	7,045	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Investment in loans receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,000	-7,211	0	7,211	-	-	-	-	-	-	-	-
Other investing activities
1,347	-4,674	369	1,219	1,123	791	-1,129	693	1,314	-	-	-	-	22,700	309	-6,970	1,520	7,120	-6,026	6,451	-512	263	375	-1,012	-520	-1,530	1,500	1,000	0	-19,575	6,974	11,346	850	-	-	-	-	-	-	-	-
Proceeds from mezzanine loans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	4,000	-	-	-	-	-	-	-	-
Change in restricted cash related to capital reserves
-	-	-	-	-	-	-	-	-	-	-	-	-	-	171	481	447	201	-723	-1,056	-1,377	560	112	-87	-2,208	305	357	313	486	-237	67	218	81	-397	-46	-813	-267	-420	-3,095	2,422	-92
Proceeds from insurance settlement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	361	1,020	526	-	-	-	0
Increase in ownership of consolidated subsidiary
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-643	0	0	1,708	0	0	0	0	-	-	-	-	-	-	-	-	0	0	125	3,150	-	-	-	0
Purchase of corporate furniture, fixtures and equipment
-	-	-	-	-	-	-	-	-	-	1,435	1,082	2,480	-	1,304	1,606	1,771	-2,958	2,437	1,929	2,213	179	983	1,417	878	597	702	552	743	40	652	165	579	9,346	166	608	119	1,257	489	253	183
Net cash provided by (used in) investing activities
48,021	-9,015	-167,518	-122,735	-116,872	-119,701	-171,709	92,308	-136,710	-208,727	-337,425	-288,052	-143,568	327,273	-170,128	-177,918	-17,692	-108,811	-91,737	-27,578	-11,329	-143,764	-110,458	-85,024	-89,989	-217,009	-65,047	-143,261	-84,682	-509,594	-675,906	-138,913	-123,149	-290,097	-121,924	29,089	-40,652	-98,421	-112,960	-19,756	-13,355
Financing activities
Proceeds from unsecured notes
399,240	0	0	398,816	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions paid to common and restricted stockholders
-	-	-	-	-	-	-	63,252	60,564	-	60,388	59,388	56,423	55,831	55,227	55,126	52,513	45,152	45,195	45,195	42,964	40,177	40,136	40,131	38,043	37,936	37,939	37,942	35,644	35,509	31,240	25,420	25,423	24,078	23,655	23,260	22,820	22,705	18,041	17,979	17,854
Proceeds from sale of common stock
-	-	-	-	-	-	-	-	-	0	1,155	126,304	63,453	12,876	63,164	0	740,025	0	0	0	216,666	83,333	5,984	0	0	-	-	-	-	553,437	763,313	0	75,000	75,251	50,002	72,336	11,391	0	381,208	7,663	0
Offering costs
-	-	-	-	-	-	-	-	-	0	20	1,559	795	11	940	292	31,680	0	968	-968	3,250	1,233	107	0	0	-	-	-	-	23,097	31,592	435	1,196	1,356	828	1,239	179	5	15,679	130	0
Pay-off of mortgage and construction loans
34,219	38,694	11,107	4,017	0	40,182	141,909	2,008	2,248	137,378	5,667	2,348	2,567	3,523	3,743	3,854	3,917	3,733	3,501	3,375	3,841	3,897	3,940	3,957	4,221	3,970	3,949	3,152	4,252	3,511	2,734	2,664	2,666	2,637	2,542	2,513	1,911	2,667	2,123	3,291	3,555
Pay-off of mortgage and construction loans
-	-	-	-	-	-	-	45,517	10,375	-	99,185	0	0	222,374	118,371	29,836	4,390	18,590	35,791	83,610	125,370	52,811	40,004	16,613	68,574	-	-	-	-	-	-	-	-	54,847	19,463	171,001	54,527	0	58,770	17,356	34,536
Costs paid related to early extinguishment of debt
4,156	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pay-off of unsecured notes
400,000	-	-	0	0	-	-	-	-	-	-	-	-	200,000	0	0	400,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from unsecured term loans
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	150,000	0	0	0	0	-	-	-	-	-	-	-	-	0	0	0	150,000	-	-	-	-	-	-	-	-
Pay-off of mortgage loans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	38,324	23,567	0	-	46,002	0	16,180	-	-	-	-	-	-	-	-
Proceeds from revolving credit facility
1,295,700	261,300	297,500	209,600	180,600	212,700	424,500	223,400	234,900	190,400	495,700	286,800	191,800	252,600	55,700	0	67,700	93,900	176,200	277,900	172,200	189,000	166,100	117,400	143,400	244,200	204,655	97,200	63,000	267,000	216,000	91,000	64,000	-	-	-	-	-	-	-	-
Paydowns of revolving credit facility
1,111,700	187,700	131,000	481,400	110,500	92,300	208,900	390,100	144,500	329,240	371,546	330,514	105,100	173,300	35,700	0	136,600	25,000	405,600	180,400	282,800	85,000	115,350	389,100	22,400	276,405	135,200	321,000	0	227,000	251,000	0	187,000	-	-	-	-	-	-	-	-
Proceeds from construction loans
0	1,718	3,842	11,877	14,174	12,878	26,454	28,584	32,966	29,358	9,775	1,037	0	-	-	-	-	0	0	0	258	1,848	6,006	8,093	12,162	11,916	3,917	0	0	2,809	10,526	30,814	31,243	-	-	-	-	-	-	-	-
Scheduled principal payments on debt
2,040	-	-	-	2,040	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in construction accounts payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-14	-	-	-	-	-	-	-	-
Debt issuance costs
4,693	0	-100	4,709	1,853	0	0	656	0	4,725	1,495	1,258	4,582	87	0	0	744	1,605	2,529	0	196	2	167	4,456	396	6,268	0	3,243	996	4,151	2,278	208	3,169	-	-	-	-	-	-	-	-
Increase in ownership of consolidated subsidiary
77,200	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contribution by noncontrolling interests
0	0	470	79	625	-510	5,496	373,551	854	275	3,368	0	8,158	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Taxes paid on net-share settlements
4,155	0	0	144	3,831	0	-1	0	2,757	0	637	0	4,283	0	0	0	2,977	-78	0	0	2,878	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distribution paid
65,242	-	-	-	63,611	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions paid to noncontrolling interests
2,800	613	1,583	3,325	3,966	1,357	308	151,685	491	16,012	60,127	606	498	473	642	737	665	636	695	775	858	499	611	630	545	416	467	893	836	1,782	675	817	837	356	433	488	473	434	581	499	495
Net cash (used in) provided by financing activities
-11,265	-92,077	39,232	63,839	9,598	25,989	77,571	-150,409	47,785	158,346	210,933	218,468	89,163	-409,604	-95,759	-89,845	324,239	-4,609	79,395	-34,487	-73,033	88,217	-22,225	65,928	21,383	160,614	-7,307	106,039	21,272	451,258	624,318	92,124	83,786	255,406	56,760	-37,915	-68,519	-27,266	261,186	-1,523	-56,440
Net change in cash, cash equivalents, and restricted cash
127,540	-4,439	-2,939	8,871	-26,662	15,976	3,337	3,217	19,215	22,607	-11,630	-4,721	11,559	-19,111	-174,345	-180,535	370,614	-28,571	36,465	-9,047	-7,250	5,650	-44,912	33,113	-7,540	13,484	-274	10,508	-6,421	3,443	405	-14,986	10,193	-6,100	-19,764	16,341	-81,585	-90,158	182,733	-618	-44,543
Supplemental disclosure of non-cash investing and financing activities
Loans associated with investment in joint ventures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	57,802	-2	11,623	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Conversion of common and preferred operating partnership units to common stock
0	0	5,826	0	251	0	12,854	0	478	0	154	0	0	5,851	5,182	96	163	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash contribution from noncontrolling interest
-	-	-	-	-	0	0	0	8,729	38,629	117,618	0	3,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issuance of common units in connection with property acquisitions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	14,182	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash consideration exchanged in purchase of land parcel
-	-	-	-	-	-	-	-	-	0	0	1,057	2,014	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in accrued construction in progress
27,056	-	-	-	35,545	-	-	-	12,118	25,961	-461	15,044	10,170	-12,207	5,469	14,765	12,707	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of derivative instruments, net
-10,229	-	-	4,400	-5,896	-	-	78	363	390	129	53	382	1,621	1,167	-125	-1,513	2,273	-1,420	845	-1,868	-1,065	2,073	-755	-993	775	-1,163	4,801	813	890	-2,386	-5,209	3,404	3,538	-2,322	182	745	1,040	-484	-871	-832
Change in fair value of redeemable noncontrolling interest
9,490	500	-12,963	660	-2,547	-222	-65,957	-4,426	4,526	3,229	3,851	-151	2,243	2,544	4,398	-8,046	-6,833	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Initial recognition of operating lease right of use assets
0	0	182,758	0	280,687	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Initial recognition of operating lease liabilities
0	0	182,513	0	279,982	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Supplemental disclosure of cash flow information
Cash paid for interest, net of amounts capitalized
31,959	32,895	27,369	33,274	20,912	32,871	19,242	31,817	17,911	22,845	16,637	18,482	14,443	22,618	20,263	18,953	30,668	14,716	27,881	25,588	21,151	36,487	22,605	29,859	24,300	30,079	23,319	22,410	24,497	18,209	17,031	15,133	16,226	14,378	19,830	12,897	16,496	16,038	16,622	13,692	15,512
AMERICAN CAMPUS COMMUNITIES OPERATING PARTNERSHIP LP
Net income
82,061	25,848	19,336	10,210	31,368	49,621	-2,737	45,990	26,250	39,558	-1,233	-2,653	34,449	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain from disposition of real estate
48,525	229	0	-282	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (Loss) on Extinguishment of Debt
-4,827	0	20,992	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for impairment
0	14,013	0	0	3,201	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
66,169	68,546	68,930	68,815	68,755	68,756	66,131	63,537	64,779	65,564	61,125	55,943	52,323	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of deferred financing costs and debt premiums/discounts
-3	249	236	72	-19	-69	-25	995	-16	-180	-885	-905	-901	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Share-based compensation
3,988	3,003	3,105	3,744	3,765	2,254	2,875	3,604	3,443	2,453	2,499	4,646	4,256	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income tax provision
379	524	305	314	364	282	-219	2,085	281	198	267	267	257	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of interest rate swap terminations and other
428	432	433	166	102	104	104	102	102	104	104	102	102	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Student contracts receivable, net
-1,143	-13,805	18,242	-4,521	5,491	-36,732	37,470	-1,442	556	-6,361	8,014	-592	-647	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets
-6,990	-4,616	4,338	-3,000	7,723	-7,169	11,036	7,803	-2,100	-5,038	-11,278	11,279	2,535	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable and accrued expenses
-36,172	1,655	19,229	8,179	-30,595	1,085	20,154	11,148	-1,088	-26,425	15,727	12,345	-28,365	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other liabilities
9,499	-35,809	57,345	-18,377	16,885	-46,350	59,698	-18,252	12,845	-19,683	33,994	-10,144	5,731	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by operating activities
90,784	96,653	125,347	67,767	80,612	109,688	97,475	61,318	108,140	72,988	114,862	64,863	65,964	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from disposition of properties and land parcels
146,144	99,708	0	8,854	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other investing activities
1,347	-4,674	369	1,219	1,123	791	-1,129	693	1,314	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) investing activities
48,021	-9,015	-167,518	-122,735	-116,872	-119,701	-171,709	92,308	-136,710	-208,727	-337,425	-288,052	-143,568	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from unsecured notes
399,240	0	0	398,816	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of common units in exchange for contributions, net
-	-	-	-	-	-	-	-	-	0	1,135	124,745	62,658	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pay-off of mortgage and construction loans
34,219	38,694	11,107	4,017	0	40,182	141,909	2,008	2,248	137,378	5,667	2,348	2,567	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Costs paid related to early extinguishment of debt
4,156	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pay-off of unsecured notes
400,000	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from revolving credit facility
1,295,700	261,300	297,500	209,600	180,600	212,700	424,500	223,400	234,900	190,400	495,700	286,800	191,800	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Paydowns of revolving credit facility
1,111,700	187,700	131,000	481,400	110,500	92,300	208,900	390,100	144,500	329,240	371,546	330,514	105,100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from construction loans
0	1,718	3,842	11,877	14,174	12,878	26,454	28,584	32,966	29,358	9,775	1,037	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Scheduled principal payments on debt
2,040	-	-	-	2,040	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt issuance costs
4,693	0	-100	4,709	1,853	0	0	656	0	4,725	1,495	1,258	4,582	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase in ownership of consolidated subsidiary
77,200	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contribution by noncontrolling interests
0	0	470	79	625	-510	5,496	373,551	854	275	3,368	0	8,158	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Taxes paid on net-share settlements
4,155	0	0	144	3,831	0	-1	0	2,757	0	637	0	4,283	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash (used in) provided by financing activities
-11,265	-92,077	39,232	63,839	9,598	25,989	77,571	-150,409	47,785	158,346	210,933	218,468	89,163	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net change in cash, cash equivalents, and restricted cash
127,540	-	-2,939	8,871	-26,662	-	3,337	3,217	19,215	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Conversion of common and preferred operating partnership units to common stock
0	-	-	-	251	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash consideration exchanged in purchase of land parcel
-	-	-	-	-	-	-	-	-	0	0	1,057	2,014	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of derivative instruments, net
-10,229	-	-	4,400	-5,896	-	-	78	363	390	129	53	382	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of redeemable noncontrolling interest
9,490	-	-	-	-2,547	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Initial recognition of operating lease right of use assets
0	0	182,758	0	280,687	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Initial recognition of operating lease liabilities
0	0	182,513	0	279,982	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest paid
31,959	32,895	27,369	33,274	20,912	32,871	19,242	31,817	17,911	22,845	16,637	18,482	14,443	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Owned properties
Capital expenditures
11,852	-	-	-	10,751	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments to Acquire Productive Assets
-	-	-	-	-	-	-	-	-	-	-	23,424	12,602	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
AMERICAN CAMPUS COMMUNITIES OPERATING PARTNERSHIP, L.P.
Cash paid for land acquisitions
-	-	-	-	-	-	-	-	-	-	-8,069	4,730	12,225	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of corporate furniture, fixtures and equipment
-	-	-	-	-	-	-	-	-	-	1,435	1,082	2,480	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pay-off of mortgage and construction loans
-	-	-	-	-	-	-	45,517	10,375	-	99,185	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Conversion of common and preferred operating partnership units to common stock
-	-	-	-	-	-	-	0	478	-	154	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash contribution from noncontrolling interest
-	-	-	-	-	-	-	0	8,729	-	117,618	0	3,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in accrued construction in progress
27,056	-	-	-	35,545	-	-	-	12,118	25,961	-461	15,044	10,170	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of redeemable noncontrolling interest
-	-	-	-	-	-	-	-4,426	4,526	-	3,851	-151	2,243	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Wholly Owned Properties [Member]
Capital expenditures
-	-	-	-	-	-	-	18,484	11,338	-	-176,238	124,650	116,052	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Owned properties under development
Capital expenditures
84,359	94,901	128,536	116,157	104,768	103,087	118,918	130,421	122,912	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
On-campus participating properties
Capital expenditures
565	381	1,750	537	230	736	1,394	378	1,146	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments to Acquire Productive Assets
-	-	-	-	-	-	-	-	-	-	-	661	209	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-