Balance Sheet 2008 Y 2009 Y 2010 Y 2011 Y 2012 Q1 YTD Source Document 12/31/2009 12/31/2010 12/31/2011 3/31/2012 3/31/2012 Currency Code USD USD USD USD USD (in thousands) Investments in real estate Wholly-owned properties, net 1,986,833 2,014,970 2,433,844 2,761,757 2,862,462 Wholly-owned property held for sale NA NA 0 27,300 27,310 On-campus participating properties, net 69,302 65,690 62,486 59,850 58,839 Investments in real estate, net 2,056,135 2,080,660 2,496,330 2,848,907 2,948,611 Cash and cash equivalents 25,600 66,093 113,507 22,399 32,592 Restricted cash 32,558 29,899 26,764 22,956 21,165 Student contracts receivable, net 5,185 5,381 5,736 5,324 3,145 Other assets 64,431 52,948 51,147 108,996 110,468 Total assets 2,183,909 2,234,981 2,693,484 3,008,582 3,115,981 Liabilities Secured mortgage, construction and bond debt 1,162,221 1,029,455 1,144,103 858,530 871,208 Unsecured term loan NA NA 0 200,000 350,000 Senior secured term loan 100,000 100,000 100,000 NA NA Secured revolving credit facility 14,700 NA NA NA NA Unsecured revolving credit facility NA NA 0 273,000 150,000 Secured agency facility 0 94,000 101,000 116,000 116,000 Accounts payable and accrued expenses 35,440 26,543 34,771 36,884 29,633 Other liabilities 56,052 45,487 61,011 77,840 82,064 Total liabilities 1,368,413 1,295,485 1,440,885 1,562,254 1,598,905 Redeemable noncontrolling interests 26,286 36,722 34,704 42,529 45,327 Equity American Campus Communities, Inc. stockholders' equity Common stock 423 521 667 725 743 Additional paid in capital 901,641 1,092,030 1,468,179 1,664,416 1,734,337 Accumulated earnings and dividends (111,828) (189,165) (249,381) (286,565) (291,962) Accumulated other comprehensive income (loss) (5,117) (4,356) (5,503) (3,360) 44 Total American Campus Communities, Inc. stockholders' equity 785,119 899,030 1,213,962 1,375,216 1,443,162 Noncontrolling interests - partially owned properties 4,091 3,744 3,933 28,583 28,587 Total equity 789,210 902,774 1,217,895 1,403,799 1,471,749 Total liabilities and equity 2,183,909 2,234,981 2,693,484 3,008,582 3,115,981
Data shown on this page is extracted directly from the company’s documents. SNL makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, SNL, as always, stands by its commitment to the quality of the data.
