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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1283630	American Campus Communities Inc	ACC	Real Estate Investment Trusts (6798)	760753089

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1094734	Edward Lowenthal	13 Ackerman Road Saddle River NJ 07458		Yes	No	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2011-06-21	1,000	$34.83	1,000	No	4	S	Indirect	See footnote 1

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	See footnote 1

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	1,000	Indirect	See footnote 2
Common Stock	21,156	Direct

Footnotes

Held by the Lowenthal Family Foundation (the "Foundation"), an entity controlled by the reporting person. By reason of the provisions of Rule 16a-1 of the Securities Exchange Act 1934, as amended, the reporting person may be deemed to be the beneficial owner of all of the American Campus Communities, Inc. common stock owned by the Foundation, although he disclaims beneficial ownership of those shares. These shares were mistakenly reported on previous Form 4s as held by ELIL Family Holdings LLC ("ELIL"), an entity controlled by the reporting person.
Held by ELIL. By reason of the provisions of Rule 16a-1 of the Securities Exchange Act 1934, as amended, the reporting person may be deemed to be the beneficial owner of all of the American Campus Communities, Inc. common stock owned by ELIL, although he disclaims beneficial ownership of those shares, except to the extent of any indirect pecuniary interest therein.