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Financial report summary
?Management Discussion
- Because our operating results depend primarily on income from our apartment communities, the supply of and demand for apartments influences our operating results. Additionally, the level of expenses required to operate and maintain our apartment communities and the pace and price at which we acquire and dispose of our apartment communities affects our operating results.
- “Management’s Discussion and Analysis of Financial Condition and Results of Operations” under the subheading “Results of Operations for the Year Ended December 31, 2022, Compared to 2021” included in AIR’s and the AIR Operating Partnership’s combined Annual Report on Form 10-K for the year ended December 31, 2022.
- Net income attributable to AIR common stockholders per common share, on a dilutive basis, decreased $1.54 for the year ended December 31, 2023, compared to 2022, due primarily to: