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American Campus Communities Inc. – ‘10-K’ for 12/31/21 – ‘EX-23.1’

On:  Monday, 2/28/22, at 10:05am ET   ·   For:  12/31/21   ·   Accession #:  1283630-22-31   ·   File #:  1-32265

Previous ‘10-K’:  ‘10-K’ on 2/26/21 for 12/31/20   ·   Latest ‘10-K’:  This Filing   ·   34 References:   

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  As Of               Filer                 Filing    For·On·As Docs:Size

 2/28/22  American Campus Communities Inc.  10-K       12/31/21  103:18M

Annual Report   —   Form 10-K

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                       HTML   2.60M 
 2: EX-4.16     Instrument Defining the Rights of Security Holders  HTML     46K 
 3: EX-10.27    Material Contract                                   HTML     65K 
 4: EX-10.28    Material Contract                                   HTML     29K 
 5: EX-21.1     Subsidiaries List                                   HTML     28K 
 6: EX-21.2     Subsidiaries List                                   HTML     28K 
 7: EX-23.1     Consent of Expert or Counsel                        HTML     28K 
 8: EX-31.1     Certification -- §302 - SOA'02                      HTML     32K 
 9: EX-31.2     Certification -- §302 - SOA'02                      HTML     32K 
10: EX-32.1     Certification -- §906 - SOA'02                      HTML     29K 
11: EX-32.2     Certification -- §906 - SOA'02                      HTML     29K 
17: R1          Cover                                               HTML     93K 
18: R2          Audit Information                                   HTML     32K 
19: R3          Consolidated Balance Sheets                         HTML    131K 
20: R4          Consolidated Balance Sheets (Parenthetical)         HTML     63K 
21: R5          Consolidated Statements of Comprehensive Income     HTML    160K 
22: R6          Consolidated Statements of Changes in Equity        HTML    112K 
23: R7          Consolidated Statements of Cash Flows               HTML    185K 
24: R8          Consolidated Statements of Changes in Equity        HTML     29K 
                (Parenthetical)                                                  
25: R9          Organization and Description of Business            HTML     34K 
26: R10         Summary of Significant Accounting Policies          HTML     92K 
27: R11         Earnings Per Share                                  HTML     61K 
28: R12         Income Taxes                                        HTML     85K 
29: R13         Acquisitions and Joint Venture Investments          HTML     33K 
30: R14         Dispositions and Joint Venture Investments          HTML     33K 
31: R15         Investments in Real Estate                          HTML     49K 
32: R16         Debt                                                HTML    126K 
33: R17         Stockholders' Equity                                HTML     39K 
34: R18         Noncontrolling Interests                            HTML     44K 
35: R19         Incentive Award Plan                                HTML     59K 
36: R20         Derivative Instruments and Hedging Activities       HTML     73K 
37: R21         Fair Value Disclosures                              HTML     78K 
38: R22         Leases                                              HTML     69K 
39: R23         Commitments and Contingencies                       HTML     42K 
40: R24         Segments                                            HTML    112K 
41: R25         Subsequent Events                                   HTML     30K 
42: R26         Schedule of Real Estate and Accumulated             HTML    694K 
                Depreciation                                                     
43: R27         Summary of Significant Accounting Policies          HTML    149K 
                (Policies)                                                       
44: R28         Summary of Significant Accounting Policies          HTML     31K 
                (Tables)                                                         
45: R29         Earnings Per Share (Tables)                         HTML     62K 
46: R30         Income Taxes (Tables)                               HTML     86K 
47: R31         Investments in Real Estate (Tables)                 HTML     47K 
48: R32         Debt (Tables)                                       HTML    123K 
49: R33         Stockholders' Equity (Tables)                       HTML     32K 
50: R34         Noncontrolling Interests (Tables)                   HTML     40K 
51: R35         Incentive Award Plan (Tables)                       HTML     54K 
52: R36         Derivative Instruments and Hedging Activities       HTML     73K 
                (Tables)                                                         
53: R37         Fair Value Disclosures (Tables)                     HTML     76K 
54: R38         Leases (Tables)                                     HTML     72K 
55: R39         Segments (Tables)                                   HTML    109K 
56: R40         Organization and Description of Business -          HTML     55K 
                Narrative (Details)                                              
57: R41         Summary of Significant Accounting Policies -        HTML    106K 
                Narrative (Details)                                              
58: R42         Summary of Significant Accounting Policies -        HTML     40K 
                Estimated Useful Lives of Assets (Details)                       
59: R43         Earnings Per Share - Potentially Dilutive           HTML     35K 
                Securities not Included in Calculating Diluted                   
                Earnings per Share (Details)                                     
60: R44         Earnings Per Share - Summary of Elements Used in    HTML     82K 
                Calculating Basic and Diluted Earnings per Share                 
                (Details)                                                        
61: R45         Income Taxes - Components of Deferred Tax Assets    HTML     58K 
                and Liabilities of TRSs (Details)                                
62: R46         Income Taxes - Components of Income Tax Provision   HTML     43K 
                (Details)                                                        
63: R47         Income Taxes - Reconciliation of Income Tax         HTML     43K 
                Attributable to Continuing Operations for TRSs                   
                (Details)                                                        
64: R48         Income Taxes - Narrative (Details)                  HTML     39K 
65: R49         Income Taxes - Tax treatment of Distributions to    HTML     37K 
                Shareholders (Details)                                           
66: R50         Acquisitions and Joint Venture Investments -        HTML     69K 
                Narrative (Details)                                              
67: R51         Dispositions and Joint Venture Investments -        HTML     82K 
                Narrative (Details)                                              
68: R52         Investments in Real Estate - Summary of Properties  HTML     54K 
                (Details)                                                        
69: R53         Debt - Summary of Outstanding Consolidated          HTML     68K 
                Indebtedness (Details)                                           
70: R54         Debt - Mortgage Loans Payable Excluding Premiums    HTML     47K 
                and Discounts (Details)                                          
71: R55         Debt - Mortgage Loans Payable Transactions          HTML     40K 
                Occurred (Details)                                               
72: R56         Debt - Narrative (Details)                          HTML     97K 
73: R57         Debt - Summary of Bonds Payable (Details)           HTML     52K 
74: R58         Debt - Summary of Unsecured Notes (Details)         HTML     69K 
75: R59         Debt - Summary of Debt Maturities (Details)         HTML     47K 
76: R60         Stockholders' Equity - Narrative (Details)          HTML     43K 
77: R61         Stockholders' Equity - Schedule of activity under   HTML     37K 
                ATM equity program (Details)                                     
78: R62         Noncontrolling Interests - Narrative (Details)      HTML     45K 
79: R63         Noncontrolling Interests - Summarized activity of   HTML     50K 
                redeemable limited partners (Details)                            
80: R64         Incentive Award Plan - Narrative (Details)          HTML     87K 
81: R65         Incentive Award Plan - Summary of Restricted Stock  HTML     54K 
                Awards (Details)                                                 
82: R66         Incentive Award Plan - Summary of Restricted Stock  HTML     51K 
                Units (Details)                                                  
83: R67         Derivative Instruments and Hedging Activities -     HTML     58K 
                Summary of Outstanding Interest Rate Swap                        
                Contracts (Details)                                              
84: R68         Derivative Instruments and Hedging Activities -     HTML     39K 
                Narrative (Details)                                              
85: R69         Derivative Instruments and Hedging Activities -     HTML     36K 
                Fair Value of Derivative Financial Instruments and               
                Classification on Consolidated Balance Sheet                     
                (Details)                                                        
86: R70         Derivative Instruments and Hedging Activities -     HTML     46K 
                Schedule of Effect of Derivative Financial                       
                Instruments On The Income Statement (Details)                    
87: R71         Fair Value Disclosures - Financial Instruments      HTML     46K 
                Measured at Fair Value (Details)                                 
88: R72         Fair Value Disclosures - Estimated Fair Value and   HTML     52K 
                Related Carrying Amounts for Mortgage Loans and                  
                Bonds Payable (Details)                                          
89: R73         Leases - Schedule of Lease Cost and Rent            HTML     35K 
                Abatements (Details)                                             
90: R74         Leases - Future Minimum Commitments over Life       HTML     49K 
                (Details)                                                        
91: R75         Leases - Schedule of Lease Income (Details)         HTML     33K 
92: R76         Leases - Abatements and Refunds (Details)           HTML     42K 
93: R77         Commitments and Contingencies (Details)             HTML     92K 
94: R78         Segments - Narrative (Details)                      HTML     29K 
95: R79         Segments - Schedule of Segment Information          HTML    125K 
                (Details)                                                        
96: R80         Subsequent Events (Details)                         HTML     32K 
97: R81         Schedule of Real Estate and Accumulated             HTML   1.05M 
                Depreciation - Schedule of Real Estate Properties                
                (Details)                                                        
98: R82         Schedule of Real Estate and Accumulated             HTML     66K 
                Depreciation - Changes in investments in real                    
                estate and related accumulated depreciation                      
                (Details)                                                        
101: XML         IDEA XML File -- Filing Summary                      XML    180K  
99: XML         XBRL Instance -- acc-20211231_htm                    XML   5.57M 
100: EXCEL       IDEA Workbook of Financial Reports                  XLSX    179K  
13: EX-101.CAL  XBRL Calculations -- acc-20211231_cal                XML    256K 
14: EX-101.DEF  XBRL Definitions -- acc-20211231_def                 XML   1.43M 
15: EX-101.LAB  XBRL Labels -- acc-20211231_lab                      XML   2.97M 
16: EX-101.PRE  XBRL Presentations -- acc-20211231_pre               XML   1.70M 
12: EX-101.SCH  XBRL Schema -- acc-20211231                          XSD    360K 
102: JSON        XBRL Instance as JSON Data -- MetaLinks              587±   865K  
103: ZIP         XBRL Zipped Folder -- 0001283630-22-000031-xbrl      Zip    650K  


‘EX-23.1’   —   Consent of Expert or Counsel


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Exhibit 23.1
 
Consent of Independent Registered Public Accounting Firm

We consent to the incorporation by reference in the following Registration Statements of American Campus Communities, Inc. and Subsidiaries:

Form S-3 No. 333-255622
Form S-3 No. 333-224947
Form S-3 No. 333-204364
Form S-3 No. 333-181102
Form S-3 No. 333-157979
Form S-3 No. 333-150307
Form S-3 No. 333-140426
Form S-3 No. 333-130830
Form S-3 No. 333-129131
Form S-8 No. 333-224656 pertaining to the 2018 Employee Incentive Award Plan
Form S-8 No. 333-166882 pertaining to the 2010 Employee Incentive Award Plan
Form S-8 No. 333-118275 pertaining to the 2004 Employee Incentive Award Plan
Form S-4 No. 333-150059

of our reports dated February 28, 2022, with respect to the consolidated financial statements of American Campus Communities, Inc. and Subsidiaries and the effectiveness of internal control over financial reporting of American Campus Communities, Inc. and Subsidiaries included in this Annual Report (Form 10-K) for the year ended December 31, 2021.
/s/ Ernst & Young LLP
Austin, Texas
February 28, 2022




Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-K’ Filing    Date    Other Filings
Filed on:2/28/224
For Period end:12/31/215
 List all Filings 


2 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 6/16/22  American Campus Communities Inc.  DEFM14A                1:1.7M                                   Donnelley … Solutions/FA
 5/10/22  American Campus Communities Inc.  PREM14A     5/09/22    2:1.7M                                   Donnelley … Solutions/FA


32 Previous Filings that this Filing References

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

10/07/21  American Campus Communities Inc.  8-K:1,2,9  10/05/21   14:545K                                   Donnelley … Solutions/FA
 8/26/21  American Campus Communities Inc.  8-K:5,9     8/24/21   14:215K                                   Donnelley … Solutions/FA
 5/14/21  American Campus Communities Inc.  8-K:1,9     5/12/21   13:1.1M                                   Donnelley … Solutions/FA
 5/07/21  American Campus Communities Inc.  8-K:1,9     5/03/21   17:1.6M                                   Donnelley … Solutions/FA
 2/26/21  American Campus Communities Inc.  8-K:5,9     2/24/21   13:237K
 1/28/21  American Campus Communities Inc.  8-K:5,7,8,9 1/27/21   14:328K                                   Donnelley … Solutions/FA
 6/11/20  American Campus Communities Inc.  8-K:1,2,9   6/09/20   16:629K                                   Donnelley … Solutions/FA
 1/30/20  American Campus Communities Inc.  8-K:1,2,9   1/30/20   15:443K                                   Donnelley … Solutions/FA
11/22/19  American Campus Communities Inc.  8-K:1      11/18/19   13:484K
 6/21/19  American Campus Communities Inc.  8-K:1,2,9   6/21/19    5:151K                                   Donnelley … Solutions/FA
 5/03/18  American Campus Communities Inc.  S-8         5/03/18    4:151K                                   Donnelley … Solutions/FA
 3/01/18  American Campus Communities Inc.  10-K       12/31/17  113:24M
10/11/17  American Campus Communities Inc.  8-K:1,2,9  10/10/17    4:83K                                    Donnelley … Solutions/FA
 4/21/17  American Campus Communities Inc.  8-K:5,9     4/21/17    2:55K
 3/06/17  American Campus Communities Inc.  8-K:5,9     3/06/17    3:64K
 1/10/17  American Campus Communities Inc.  8-K:1,5,7,9 1/10/17    6:129K                                   Donnelley … Solutions/FA
 2/26/15  American Campus Communities Inc.  10-K       12/31/14  122:34M
 6/25/14  American Campus Communities Inc.  8-K:1,2,9   6/24/14    4:83K                                    Donnelley … Solutions/FA
 2/24/14  American Campus Communities Inc.  8-K:5,9     2/20/14    2:40K                                    Business Wire/FA
11/08/13  American Campus Communities Inc.  10-Q        9/30/13   89:13M
 4/03/13  American Campus Communities Inc.  8-K:1,2,9   4/02/13    5:696K                                   Donnelley … Solutions/FA
 3/21/13  American Campus Communities Inc.  8-K:1,5,9   3/21/13    3:82K                                    Donnelley … Solutions/FA
11/08/12  American Campus Communities Inc.  10-Q        9/30/12   88:13M                                    Toppan Vite NY Inc./FA
 5/07/10  American Campus Communities Inc.  8-K:5,9     5/06/10    2:192K                                   Business Wire/FA
 3/24/10  American Campus Communities Inc.  8-K:1,5,9   3/23/10    7:155K                                   Donnelley … Solutions/FA
 3/11/08  American Campus Communities Inc.  8-K:1,5,9   3/05/08    2:16K                                    RR Donnelley
11/05/07  American Campus Communities Inc.  8-K:1,5,9  11/01/07    7:146K                                   RR Donnelley
 8/23/07  American Campus Communities Inc.  8-K:1,5,9   8/20/07    2:126K                                   Business Wire/FA
 3/07/06  American Campus Communities Inc.  8-K:1,2,3,5 3/01/06    7:636K                                   RR Donnelley
 5/03/05  American Campus Communities Inc.  8-K:1,5,9   4/28/05    7:107K                                   Business Wire/FA
 8/06/04  American Campus Communities Inc.  S-11/A      8/05/04   19:1.7M                                   Donnelley … Solutions/FA
 7/28/04  American Campus Communities Inc.  S-11/A                13:5M                                     Donnelley … Solutions/FA
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Filing Submission 0001283630-22-000031   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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