AMERICAN CAMPUS COMMUNITIES, INC. ACC Income Statement

American campus communities, inc. (ACC)

Income statement / TTM

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	Sep'09	Jun'09
Revenues:
Total revenues
950,315	943,042	933,080	918,844	902,532	880,810	862,500	845,969	823,918	796,447	772,856	772,329	779,304	786,361	784,587	768,992	760,883	753,381	748,002	749,122	743,225	733,915	719,790	696,248	677,483	657,462	619,774	574,137	521,836	465,655	398,999	381,442	369,624	361,910	370,057	360,592	345,407	326,110	316,036	301,572	0	0	0
Operating expenses (income):
Third-party development and management services
21,936	19,915	18,015	16,416	15,447	15,459	15,009	15,057	15,340	15,225	15,684	15,145	14,878	14,533	14,278	14,493	14,945	14,346	14,220	13,653	12,361	12,008	11,643	11,713	11,415	10,935	10,671	10,215	10,419	10,898	11,580	11,466	11,471	11,368	11,933	12,199	12,364	12,781	11,491	11,547	0	0	0
General and administrative
33,924	31,081	30,077	30,095	35,153	34,537	33,241	34,742	31,351	31,386	30,883	27,574	23,918	22,493	22,133	21,844	21,396	20,838	20,144	19,758	19,058	18,681	18,227	17,461	17,109	16,541	19,571	23,219	23,231	22,965	19,581	14,879	13,519	12,752	11,407	12,243	11,581	11,561	11,752	10,865	0	0	0
Depreciation and amortization
272,460	275,046	275,256	272,457	267,179	263,203	260,011	255,005	247,411	234,955	221,292	212,234	209,994	211,387	214,171	213,978	211,853	208,788	205,397	203,099	199,971	197,495	193,378	188,858	187,561	184,988	174,480	156,589	132,702	110,499	90,255	84,791	83,002	80,840	83,396	80,955	76,560	72,444	71,440	71,771	0	0	0
Ground/facility leases
14,671	14,151	13,329	13,065	12,562	11,855	11,588	10,966	10,698	10,213	9,582	9,218	9,220	9,167	9,127	8,944	8,438	8,232	7,887	8,311	7,932	7,397	7,004	6,184	5,762	5,402	5,136	4,843	4,487	4,248	3,845	3,562	3,416	3,608	3,356	3,434	3,529	2,944	2,686	2,250	0	0	0
Gain from disposition of real estate
48,472	-53	-282	42,032	0	-	0	0	-	-	0	0	-	21,197	17,409	22,066	25,856	52,699	52,398	47,674	43,884	-368	-67	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for impairment
14,013	17,214	3,201	3,201	3,201	0	0	15,317	0	-	0	0	-	-	0	0	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Operating Income
-	-	0	0	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
713,938	763,152	741,413	732,983	681,344	668,215	654,923	642,318	680,825	654,541	620,531	608,301	588,780	592,021	609,443	604,575	601,120	596,477	592,119	592,936	586,058	578,929	568,540	548,751	539,419	525,709	500,120	456,220	406,046	359,809	309,623	289,591	280,826	272,771	275,476	265,483	253,978	243,438	247,065	237,956	0	0	0
Operating income
236,377	179,890	191,667	185,861	221,188	212,595	207,577	203,651	143,093	141,906	152,325	164,028	190,524	194,340	175,144	164,417	159,763	156,904	155,883	156,186	157,167	154,986	151,250	147,497	138,064	131,753	119,654	117,917	115,790	105,846	89,376	91,851	88,798	89,139	94,581	95,109	91,429	82,672	68,971	63,616	0	0	0
Nonoperating income (expenses):
Interest income
3,611	3,686	3,949	4,263	4,537	4,834	4,962	4,947	4,936	4,945	5,178	5,191	5,434	5,481	5,151	4,978	4,588	4,421	4,341	4,297	4,249	4,168	3,963	3,700	3,610	3,005	2,564	2,200	1,666	1,756	1,560	1,299	1,045	579	487	362	219	186	95	93	0	0	0
Interest expense
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest Expense
-	-	109,453	106,335	-	99,228	95,385	88,854	80,089	71,122	64,869	65,231	70,777	78,687	85,924	87,961	88,428	87,789	88,116	90,857	91,260	90,362	87,537	83,327	81,707	78,028	72,139	66,085	59,084	54,518	49,107	48,623	48,433	49,601	53,612	55,808	58,591	59,523	60,302	59,877	0	0	0
Amortization of deferred financing costs
5,167	5,012	4,737	4,538	5,534	5,816	6,166	6,196	5,005	4,619	4,479	4,677	5,006	6,520	6,756	6,727	6,713	5,550	5,447	5,675	5,798	5,918	5,977	5,844	5,796	5,608	5,546	5,196	4,750	4,425	4,263	4,426	4,788	5,032	4,942	4,957	4,625	4,423	4,097	3,628	0	0	0
Loss from early extinguishment of debt
16,165	20,992	20,992	-784	0	-	0	0	-	-	0	0	-	-	-	-	-	-1,770	-1,770	-1,770	-595	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from unconsolidated joint ventures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	444	-130	-172	-185	-641	44	77	-621	-2,023	-3,041	-3,515	0	0	0
Other nonoperating income
-	-	0	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-2,666	3,091	3,089	3,089	411	0	0	0	-	-	-	-	-	0	-	-	-	0
Total nonoperating expenses
-97,400	-91,621	-79,867	-96,658	-94,434	-91,042	-96,171	-90,255	-80,158	-70,796	-95,052	-95,599	-100,599	-92,567	-70,120	-67,256	-65,484	-37,601	-38,020	-46,145	-49,334	-92,294	-89,618	-85,337	-83,759	-83,297	-77,390	-71,348	-64,435	-56,332	-51,926	-52,044	-52,483	-54,695	-56,234	-54,636	-57,928	-60,093	-63,444	-66,525	0	0	0
Income before income taxes
138,977	88,269	111,800	89,203	126,754	121,553	111,406	113,396	62,935	71,110	57,273	68,429	89,925	101,773	105,024	97,161	94,279	119,303	117,863	110,041	107,833	62,692	61,632	62,160	54,305	48,456	42,264	46,569	51,355	49,514	37,450	39,807	36,315	34,444	38,347	40,473	33,501	22,579	5,527	-2,909	0	0	0
Income tax provision
1,522	1,507	1,265	741	2,512	2,429	2,345	2,831	1,013	989	906	984	1,062	1,150	1,345	1,311	1,276	1,242	1,371	1,350	1,329	1,308	1,124	1,089	1,055	1,020	997	923	824	725	553	460	446	433	515	570	570	570	563	555	0	0	0
Net income
0	-	0	0	0	-	0	0	0	-	0	0	0	-	103,679	95,850	93,003	-	116,492	108,691	106,504	61,384	60,508	61,071	53,250	47,436	41,267	45,646	50,531	48,789	36,897	39,347	35,869	34,011	37,832	39,903	32,931	22,009	4,964	-3,464	0	0	0
Discontinued operations:
Loss attributable to discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-123	-326	-103	2,653	4,824	7,547	9,189	8,562	8,728	13,741	12,061	10,222	9,155	3,577	3,800	4,161	-1,206	-4,038	-4,993	0	0	0
Gain from disposition of real estate
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,843	5,275	58,106	58,106	55,263	52,831	83	0	-	0	0	-	-	-	0	-	-3,705	0	0	0	-	-
Total discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,720	4,617	57,671	60,427	59,755	59,723	8,881	0	-	0	0	-	-	0	0	-	-4,911	-7,743	-8,698	0	0	0
Net income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	64,104	65,125	118,742	113,677	107,191	104,283	57,473	61,814	60,238	50,953	51,723	60,897	57,972	55,983	58,277	37,033	17,098	-2,779	-12,162	0	0	0
Net income attributable to noncontrolling interests – partially owned properties
1,271	1,793	2,782	3,277	3,434	2,029	408	879	1,007	1,083	1,401	1,121	1,339	1,562	1,249	1,611	1,622	2,070	2,010	1,911	1,866	1,265	2,541	3,135	2,225	2,547	2,579	2,318	3,614	3,602	0	0	0	-	-	1,493	1,221	888	541	373	0	0	0
Net income attributable to ACC, Inc. and Subsidiaries common stockholders
136,184	84,969	107,753	85,185	120,808	117,095	108,653	109,686	60,915	69,038	55,368	66,324	87,524	99,061	102,028	94,239	91,381	115,991	114,482	106,780	104,638	62,839	63,818	116,841	111,452	104,644	100,470	53,921	58,200	56,636	50,608	49,830	59,242	56,629	52,728	56,784	35,812	16,210	-3,320	-12,535	0	0	0
Net income attributable to common unitholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-
Other comprehensive loss
Change in fair value of interest rate swaps and other
-16,556	-12,549	-16,954	-16,728	-7,955	-1,696	1,220	1,372	1,347	1,366	2,797	3,835	3,657	1,763	2,745	54	922	464	-3,505	-12	-5,734	-4,859	-3,022	-6,258	3,420	5,226	5,341	4,118	-5,892	-3,301	-3,443	-589	4,802	2,143	0	0	0	-	-	-	-	-	-
Comprehensive income
119,628	72,420	90,799	68,457	112,853	115,399	109,873	111,058	62,262	70,404	58,165	70,159	91,181	100,824	104,773	94,293	92,303	116,455	110,977	106,768	98,904	57,980	60,796	110,583	114,872	109,870	105,811	58,039	52,308	53,335	45,373	49,241	64,044	58,772	0	0	0	-	-	-	-	-	-
Net income per share attributable to ACC, Inc. and Subsidiaries common shareholders
Basic and diluted (in dollars per share)
0.58	-	0.14	0.07	0.21	-	-0.02	0.33	-	-	-	-0.02	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.20	-	-	-	-	-	-	-	-	-	0.06	0.01	-	-	-
Basic (in dollars per share)
-	-	-	-	-	-	-	-	0.19	-	-	-	0.25	-	-	-	-	-	-	-	-	0.25	-0.06	0.13	0.27	-	0.45	0.07	-	0.23	0.00	0.16	0.27	-	-	0.31	0.26	-	-	-	-0.05	-0.11	-0.11
Diluted (in dollars per share)
-	-	-	-	-	-	-	-	0.18	-	-	-	0.25	-	-	-	-	-	-	-	-	0.25	-0.06	0.12	0.27	-	0.45	0.07	-	0.23	0.00	0.16	0.26	-	-	0.31	0.25	-	-	-	-0.05	-	-
Income per share attributable to ACC, Inc. and Subsidiaries common stockholders diluted
Basic (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.07	-	-	-	0.01	-	0.63	0.25	-0.06	0.13	0.24	-	-0.05	0.05	-	0.18	-0.02	0.13	0.24	-	-	0.10	0.24	-	-	-	0.10	-0.11	-0.10
Diluted (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.07	-	-	-	0.01	-	0.62	0.26	-0.06	0.12	0.24	-	-0.05	0.05	-	0.18	-0.02	0.13	0.23	-	-	0.10	0.24	-	-	-	0.10	-	-
Basic and Diluted (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.14	-	-	-	0.14	-	-	-	-	-	-	-	-	0.18	-	-	-	-	-	-	-	-	-	0.05	0.00	-	-	-
Net income per unit attributable to common unitholders
Basic (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.02	-	-	-	-	-	-	-	-	-	-	-	-
Basic (in shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	-	-	-	-	-	-	-	-	-	-	-	-
Income from continuing operations per unit (in dollars per unit)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.02	-	-	-	-	-	-	-	-	-	-	-	-
Diluted (in dollars per unit)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	-	-	-	-	-	-	-	-	-	-	-	-
Weighted-average common shares outstanding:
Basic (in shares)
137,477	137,409	137,403	137,268	137,101	137,035	137,022	136,677	136,525	136,477	136,421	134,614	133,052	132,225	130,786	130,456	123,445	112,362	112,323	112,308	110,955	105,420	104,968	104,918	104,821	104,783	104,781	104,779	104,697	100,740	89,169	74,718	74,216	71,352	70,008	68,655	66,956	66,994	59,165	52,335	52,235	52,195	47,897
Diluted (in shares)
138,587	138,375	138,375	138,243	138,152	138,789	137,022	137,576	137,499	138,987	136,421	134,614	133,986	132,999	131,568	131,240	124,266	117,190	112,980	112,983	112,974	106,710	104,968	105,609	105,556	105,992	104,781	105,390	105,364	101,897	89,169	75,305	74,864	71,901	70,561	69,211	67,554	70,898	60,794	52,853	52,805	52,195	47,897
Weighted-average common units outstanding
Distributions declared per common share (in dollars per share)
-	-	-	-	-	-	-	-	-	-	0.44	0.44	0.42	0.42	0.42	0.42	0.40	0.40	0.40	0.40	0.38	-	0.38	0.38	-	-	-	-	-	-	-	-	0.33	-	-	0.33	0.33	-	0.33	0.33	0.33	0.33	0.33
Distributions declared per Common Unit (in dollars per unit)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.38	-	-	-	-	-	-	-	-	-	-	0.33	-	-	-	-	-	-	-	-
Owned properties
Owned properties and on-campus participating properties revenue
885,237	877,565	866,762	858,514	844,846	825,959	805,008	785,743	765,411	738,710	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Operating expenses
390,969	390,664	386,096	382,257	377,630	373,521	365,070	356,496	345,532	332,429	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
On-campus participating properties
Owned properties and on-campus participating properties revenue
35,607	36,346	35,779	35,815	35,601	34,596	34,422	34,241	34,230	33,945	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Operating expenses
14,437	15,028	15,157	15,210	15,134	14,602	14,334	14,382	14,544	14,384	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Third-party development services
Contract with customer, revenue
11,935	13,051	15,787	11,011	9,606	7,281	9,947	12,678	11,151	10,761	5,374	2,581	4,027	4,606	5,715	5,879	5,435	4,964	3,572	4,491	4,395	4,018	4,451	3,217	2,191	2,483	2,803	3,648	6,959	8,574	8,774	8,875	5,767	7,497	7,194	11,682	12,552	9,302	10,018	4,848	0	0	0
Third-party management services
Contract with customer, revenue
14,454	12,936	11,621	10,407	9,394	9,814	9,950	10,113	9,949	9,832	9,878	9,963	9,928	9,724	9,266	9,151	9,222	8,813	8,504	8,012	7,685	7,669	7,840	7,863	7,790	7,514	7,235	7,130	6,844	6,893	6,910	7,017	7,182	7,254	7,488	7,968	8,286	8,670	8,838	8,669	0	0	0
Resident services
Contract with customer, revenue
3,082	3,144	3,131	3,097	3,085	3,160	3,173	3,194	3,177	3,199	3,191	3,288	3,283	3,206	3,125	3,093	3,081	3,109	3,231	3,162	3,069	3,112	2,892	3,066	2,890	2,614	2,535	2,106	1,859	1,605	1,313	1,266	1,355	1,353	1,388	1,418	1,386	1,297	1,219	987	0	0	0
AMERICAN CAMPUS COMMUNITIES OPERATING PARTNERSHIP LP
Total revenues
950,315	943,042	933,080	918,844	902,532	880,810	862,500	845,969	823,918	796,447	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Third-party development and management services
21,936	19,915	18,015	16,416	15,447	15,459	15,009	15,057	15,340	15,225	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General and administrative
33,924	31,081	30,077	30,095	35,153	34,537	33,241	34,742	31,351	31,386	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
272,460	275,046	275,256	272,457	267,179	263,203	260,011	255,005	247,411	234,955	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Ground/facility leases
14,671	14,151	13,329	13,065	12,562	11,855	11,588	10,966	10,698	10,213	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain from disposition of real estate
48,472	-53	-282	42,032	0	-	0	0	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for impairment
14,013	17,214	3,201	3,201	3,201	0	0	15,317	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Operating Income
-	-	0	0	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
713,938	763,152	741,413	732,983	681,344	668,215	654,923	642,318	680,825	654,541	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating income
236,377	179,890	191,667	185,861	221,188	212,595	207,577	203,651	143,093	141,906	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest income
3,611	3,686	3,949	4,263	4,537	4,834	4,962	4,947	4,936	4,945	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest Expense
-	-	109,453	106,335	-	99,228	95,385	88,854	80,089	71,122	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of deferred financing costs
5,167	5,012	4,737	4,538	5,534	5,816	6,166	6,196	5,005	4,619	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss from early extinguishment of debt
16,165	20,992	20,992	-784	0	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other nonoperating income
-	-	0	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total nonoperating expenses
-97,400	-91,621	-79,867	-96,658	-94,434	-91,042	-96,171	-90,255	-80,158	-70,796	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income before income taxes
138,977	88,269	111,800	89,203	126,754	121,553	111,406	113,396	62,935	71,110	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income tax provision
1,522	1,507	1,265	741	2,512	2,429	2,345	2,831	1,013	989	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income
0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income attributable to ACC, Inc. and Subsidiaries common stockholders
136,709	85,364	108,287	85,657	121,573	117,909	109,550	110,584	61,478	69,686	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Series A preferred unit distributions
51	68	85	102	124	124	124	124	124	124	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income attributable to common unitholders
136,658	85,296	108,202	85,555	121,449	117,785	109,426	110,460	61,354	69,562	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of interest rate swaps and other
-16,556	-12,549	-16,954	-16,728	-7,955	-1,696	1,220	1,372	1,347	1,366	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Comprehensive income
120,102	72,747	91,248	68,827	113,494	116,089	110,646	111,832	62,701	70,928	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income (Loss), Per Outstanding Limited Partnership and General Partnership Unit, Basic, Net of Tax
0.58	-	-	-	0.21	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings Per Share, Basic and Diluted
-	-	0.14	0.07	-	-	-0.02	0.33	-	-	-0.01	-0.02	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic (in shares)
-	-	-	-	-	-	-	-	0.19	-	-	-	0.25	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted (in dollars per unit)
-	-	-	-	-	-	-	-	0.18	-	-	-	0.25	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic and diluted (in dollars per share)
0.58	-	0.14	0.07	0.21	-	-0.02	0.33	-	-	-0.01	-0.02	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic (in units)
137,945	137,875	137,872	137,863	137,696	137,624	137,624	137,615	137,482	137,484	137,432	135,643	134,081	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted (in units)
139,055	138,842	138,844	138,838	138,747	139,378	137,624	138,515	138,456	139,994	137,432	135,643	135,015	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
AMERICAN CAMPUS COMMUNITIES OPERATING PARTNERSHIP, L.P.
Third-party development services
-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Management Fees Revenue
-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Resident services
-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (Loss) on Disposition of Real Estate, Discontinued Operations
-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings Per Share, Basic
-	-	-	-	-	-	-	-	-	-	-	-	0.25	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings Per Share, Diluted
-	-	-	-	-	-	-	-	-	-	-	-	0.25	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions declared per Common Unit (in dollars per unit)
-	-	-	-	-	-	-	-	-	-	0.44	0.44	0.42	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-