Stock-Based Compensation Plans (Tables)

3 Months Ended

Mar. 31, 2013

Stock-Based Compensation Plans

Schedule of information with respect to stock options granted

Information with respect to stock options granted under the Company’s 1994 Stock Option and Incentive Plan (the “1994 Plan”) and under the AvalonBay Communities, Inc. 2009 Stock Option and Incentive Plan (the “2009 Plan”) are as follows (dollars in thousands, other than per share amounts):

			Weighted				Weighted
			average				average
	2009 Plan		exercise price		1994 Plan		exercise price
	shares		per share		shares		per share
Options Outstanding, December 31, 2012	307,554		$	112.67	719,830		$	105.40
Exercised	(1,320	)	74.20		(2,211	)	43.41
Granted	215,230		129.03		—		—
Forfeited	—		—		(4,012	)	127.56
Options Outstanding, March 31, 2013	521,464		$	119.52	713,607		$	105.47
Options Exercisable March 31, 2013	189,542		$	104.27	713,607		$	105.47