Mid-America Apartment Communities Quarterly Balance Sheets Chart
Quarterly
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Annual
Mid-America Apartment Communities Quarterly Balance Sheets Table
Quarterly
|
Annual
Unit: USD | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-09-30 | 2015-03-31 | 2014-06-30 | 2014-03-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-06-30 | 2012-03-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-09-30 | 2010-06-30 | 2010-03-31 | 2009-09-30 | 2009-06-30 | 2009-03-31 | 2008-09-30 | 2008-06-30 | 2008-03-31 | 2007-09-30 | 2007-06-30 | 2007-03-31 | 2006-12-31 | 2006-09-30 | 2006-06-30 | 2006-03-31 | 2005-09-30 | 2005-06-30 | 2003-12-31 |
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assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
real estate assets: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
land | 2,105,602,000 | 2,096,912,000 | 2,096,912,000 | 2,085,464,000 | 2,050,760,000 | 2,031,406,000 | 2,031,403,000 | 2,008,523,000 | 2,008,523,000 | 2,008,523,000 | 2,008,364,000 | 1,991,472,000 | 1,971,660,000 | 1,978,661,000 | 1,977,813,000 | 1,977,813,000 | 1,987,412,000 | 1,955,627,000 | 1,929,181,000 | 1,909,343,000 | 1,910,655,000 | 1,910,637,000 | 1,905,757,000 | 1,898,509,000 | 1,883,960,000 | 1,878,209,000 | 1,868,828,000 | 1,868,828,000 | 1,868,828,000 | 1,836,417,000 | 1,836,417,000 | 1,828,637,000 | 1,821,016,000 | 1,825,223,000 | 943,320,000 | 889,912,000 | 877,368,000 | 862,833,000 | 394,848,000 | 396,734,000 | 389,839,000 | 358,429,000 | 337,220,000 | 320,055,000 | 312,384 | 291,695,000 | 270,980,000 | 258,394,000 | 251,051,000 | 243,147,000 | 243,119,000 | 240,445,000 | 239,786,000 | 222,669,000 | 217,974,000 | 214,748,000 | 209,146,000 | 205,663,000 | 206,635 | 204,569,000 | 190,862,000 | 189,150,000 | 177,472,000 | 170,103,000 | 142,416 |
buildings and improvements and other | 14,468,733,000 | 14,286,757,000 | 14,160,799,000 | 13,956,601,000 | 13,846,434,000 | 13,623,207,000 | 13,515,949,000 | 13,252,746,000 | 13,076,345,000 | 12,924,101,000 | 12,841,947,000 | 12,787,864,000 | 12,613,378,000 | 12,589,537,000 | 12,454,439,000 | 12,369,733,000 | 12,246,988,000 | 12,176,205,000 | 12,065,244,000 | 12,037,042,000 | 11,960,028,000 | 11,897,869,000 | 11,841,978,000 | 11,825,934,000 | 11,775,716,000 | 11,730,705,000 | 11,670,216,000 | 11,636,424,000 | 11,555,677,000 | 11,363,738,000 | 11,281,504,000 | ||||||||||||||||||||||||||||||||||
development and capital improvements in progress | 484,955,000 | 485,254,000 | 470,282,000 | 499,619,000 | 391,366,000 | 380,087,000 | 385,405,000 | 338,864,000 | 394,798,000 | 391,439,000 | 332,035,000 | 297,416,000 | 267,691,000 | 215,055,000 | 247,970,000 | 236,339,000 | 295,645,000 | 295,933,000 | 283,477,000 | 220,685,000 | 196,824,000 | 158,893,000 | 116,424,000 | 101,469,000 | 97,526,000 | 57,396,000 | 59,506,000 | 53,739,000 | 68,784,000 | 93,089,000 | 116,833,000 | 156,938,000 | 258,047,000 | 242,286,000 | 51,277,000 | 71,119,000 | 84,502,000 | 103,100,000 | 31,595,000 | 47,662,000 | 51,625,000 | 75,552,000 | |||||||||||||||||||||||
less: accumulated depreciation | -5,631,399,000 | -5,478,208,000 | -5,327,584,000 | -5,217,893,000 | -5,149,781,000 | -5,006,226,000 | -4,864,690,000 | -4,725,099,000 | -4,579,117,000 | -4,440,520,000 | -4,302,747,000 | -4,180,694,000 | -4,089,694,000 | -3,981,778,000 | -3,848,161,000 | -3,722,917,000 | -3,625,627,000 | -3,544,517,000 | -3,415,105,000 | -3,316,710,000 | -3,206,943,000 | -3,080,449,000 | -2,955,253,000 | -2,906,677,000 | -2,791,606,000 | -2,668,708,000 | -2,549,287,000 | -2,439,418,000 | -2,316,195,000 | -2,194,915,000 | -2,075,071,000 | ||||||||||||||||||||||||||||||||||
undeveloped land | 73,359,000 | 73,359,000 | 73,359,000 | 73,861,000 | 73,861,000 | 73,861,000 | 73,861,000 | 73,861,000 | 73,861,000 | 73,861,000 | 64,312,000 | 64,312,000 | 41,298,000 | 29,279,000 | 24,015,000 | 29,115,000 | 35,050,000 | 34,548,000 | 60,993,000 | 34,548,000 | 34,548,000 | 34,548,000 | 34,548,000 | 41,149,000 | 58,257,000 | 58,257,000 | 58,257,000 | 31,849,000 | 41,149,000 | 50,198,000 | 57,285,000 | 57,285,000 | 64,790,000 | 71,464,000 | 40,514,000 | 47,242,000 | 59,195,000 | 59,191,000 | |||||||||||||||||||||||||||
investment in real estate joint venture | 41,662,000 | 41,790,000 | 41,650,000 | 41,693,000 | 41,753,000 | 41,877,000 | 41,977,000 | 42,290,000 | 42,347,000 | 42,333,000 | 42,290,000 | 42,442,000 | 42,476,000 | 42,732,000 | 42,827,000 | 42,842,000 | 42,933,000 | 43,211,000 | 43,325,000 | 43,467,000 | 43,590,000 | 43,686,000 | 43,674,000 | 43,816,000 | 43,997,000 | 44,138,000 | 44,181,000 | 44,619,000 | 44,770,000 | 45,000,000 | 44,956,000 | ||||||||||||||||||||||||||||||||||
real estate assets | 11,542,912,000 | 11,505,864,000 | 11,515,418,000 | 11,439,345,000 | 11,254,393,000 | 11,144,212,000 | 11,183,905,000 | 10,991,185,000 | 11,016,757,000 | 10,999,737,000 | 10,986,201,000 | 11,002,812,000 | 10,846,809,000 | 10,873,486,000 | 10,898,903,000 | 10,932,925,000 | 10,982,401,000 | 10,961,007,000 | 10,967,115,000 | 10,928,375,000 | 10,938,702,000 | 10,965,184,000 | 10,987,128,000 | 11,004,200,000 | 11,067,850,000 | 11,099,997,000 | 11,151,701,000 | 11,196,041,000 | 11,263,013,000 | 11,193,527,000 | 11,261,924,000 | 11,279,059,000 | 11,344,375,000 | 11,371,148,000 | 6,759,821,000 | 6,687,578,000 | 6,583,828,000 | 6,513,985,000 | 2,723,808,000 | 2,746,897,000 | 2,716,270,000 | 2,519,706,000 | 2,417,265,000 | 2,329,781,000 | 2,253,435 | 2,109,186,000 | 2,027,587,000 | 1,936,344,000 | 1,883,201,000 | 1,685,369,000 | 1,652,042,000 | 1,669,539 | 1,643,677,000 | 1,564,008,000 | 1,551,629,000 | 1,519,639,000 | 1,351,849 | ||||||||
cash and cash equivalents | 54,482,000 | 55,776,000 | 43,018,000 | 50,232,000 | 62,831,000 | 54,601,000 | 41,314,000 | 161,897,000 | 150,155,000 | 142,411,000 | 38,659,000 | 38,996,000 | 60,568,000 | 60,371,000 | 54,302,000 | 29,811,000 | 31,881,000 | 32,620,000 | 25,198,000 | 18,407,000 | 19,667,000 | 34,508,000 | 20,476,000 | 25,826,000 | 40,972,000 | 44,623,000 | 34,259,000 | 46,139,000 | 32,610,000 | 59,706,000 | 10,750,000 | 47,851,000 | 39,659,000 | 33,959,000 | 27,817,000 | 18,331,000 | 26,318,000 | 121,901,000 | 181,105,000 | 8,792,000 | 8,224,000 | 22,341,000 | 41,826,000 | 24,254,000 | 12,838 | 47,222,000 | 100,091,000 | 25,245,000 | 32,329,000 | 16,489,000 | 6,080,000 | 47,666,000 | 43,669,000 | 9,977,000 | 7,059,000 | 4,041,000 | 4,292,000 | 6,375,000 | 5,545 | 7,689,000 | 11,366,000 | 11,073,000 | 10,093,000 | 6,616,000 | 10,152 |
restricted cash | 13,634,000 | 13,678,000 | 13,743,000 | 13,829,000 | 13,669,000 | 13,475,000 | 13,777,000 | 13,440,000 | 13,570,000 | 13,606,000 | 22,412,000 | 14,558,000 | 161,134,000 | 12,253,000 | 76,296,000 | 11,710,000 | 11,123,000 | 10,755,000 | 10,417,000 | 9,182,000 | 15,927,000 | 14,539,000 | 50,065,000 | 16,856,000 | 16,712,000 | 14,764,000 | 17,414,000 | 33,261,000 | 28,193,000 | 22,404,000 | 78,117,000 | 80,253,000 | 27,859,000 | 24,540,000 | 31,037,000 | 26,951,000 | 64,683,000 | 37,876,000 | 58,579,000 | 12,989,000 | 649,000 | 1,038,000 | 22,740,000 | 12,946,000 | 1,627 | 1,377,000 | 2,426,000 | 730,000 | 844,000 | 1,101,000 | 687,000 | 763,000 | 4,274,000 | 3,833,000 | 3,521,000 | 5,095,000 | 4,149,000 | 4,085,000 | 4,145 | 5,186,000 | 4,586,000 | 4,402,000 | 8,282,000 | 7,266,000 | 10,728 |
other assets | 224,569,000 | 236,639,000 | 232,426,000 | 237,525,000 | 231,974,000 | 258,444,000 | 245,507,000 | 215,800,000 | 210,688,000 | 196,557,000 | 193,893,000 | 215,347,000 | 211,890,000 | 252,965,000 | 255,681,000 | 237,245,000 | 216,715,000 | 187,996,000 | 192,061,000 | 172,740,000 | 157,017,000 | 141,746,000 | 172,781,000 | 178,352,000 | 149,296,000 | 144,378,000 | 120,407,000 | 134,246,000 | 122,563,000 | 135,039,000 | 135,807,000 | 120,493,000 | 116,705,000 | 124,134,000 | 56,771,000 | 50,863,000 | 51,789,000 | 57,356,000 | 47,030,000 | 43,060,000 | 32,770,000 | 28,542,000 | 26,167,000 | 26,806,000 | 21,752 | 26,506,000 | 22,519,000 | 17,961,000 | 21,642,000 | 19,311,000 | 14,508,000 | 13,610,000 | 24,084,000 | 20,554,000 | 18,730,000 | 31,164,000 | 38,445,000 | 33,938,000 | 38,865 | 38,730,000 | 22,645,000 | 29,580,000 | 16,432,000 | 10,914,000 | 14,857 |
assets held for sale | 7,764,000 | 15,321,000 | 66,514,000 | 42,441,000 | 22,520,000 | 9,300,000 | 750,000 | 6,700,000 | 5,321,000 | 5,315,000 | 31,366,000 | 175,292,000 | 34,135,000 | 34,135,000 | 5,881,000 | 8,496,000 | 5,855 | 18,793,000 | 13,193,000 | 13,085,000 | 14,379,000 | 29,366,000 | 8,573,000 | 16,550,000 | 7,468 | 7,435,000 | 7,328,000 | ||||||||||||||||||||||||||||||||||||||
total assets | 11,835,597,000 | 11,811,957,000 | 11,812,369,000 | 11,756,252,000 | 11,562,867,000 | 11,470,732,000 | 11,484,503,000 | 11,382,322,000 | 11,391,170,000 | 11,352,311,000 | 11,241,165,000 | 11,338,227,000 | 11,280,401,000 | 11,199,075,000 | 11,285,182,000 | 11,254,132,000 | 11,242,120,000 | 11,192,378,000 | 11,194,791,000 | 11,128,704,000 | 11,131,313,000 | 11,155,977,000 | 11,230,450,000 | 11,247,754,000 | 11,274,830,000 | 11,303,762,000 | 11,323,781,000 | 11,418,987,000 | 11,447,129,000 | 11,417,376,000 | 11,491,919,000 | 11,532,801,000 | 11,534,129,000 | 11,559,699,000 | 6,881,313,000 | 6,799,682,000 | 6,783,121,000 | 6,785,663,000 | 3,028,257,000 | 2,834,217,000 | 2,775,008,000 | 2,599,088,000 | 2,527,410,000 | 2,412,027,000 | 2,313,521 | 2,201,747,000 | 2,189,851,000 | 1,998,044,000 | 1,955,991,000 | 1,761,108,000 | 1,733,113,000 | 1,746,646 | 1,723,483,000 | 1,630,919,000 | 1,617,244,000 | 1,575,168,000 | 1,406,533 | ||||||||
liabilities and equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unsecured notes payable | 4,687,813,000 | 4,681,868,000 | 4,620,690,000 | 4,515,733,000 | 4,340,660,000 | 4,264,290,000 | 4,180,084,000 | 4,034,153,000 | 4,033,091,000 | 4,032,000,000 | 4,050,910,000 | 4,154,820,000 | 4,153,650,000 | 4,172,513,000 | 4,151,375,000 | 4,175,256,000 | 4,187,292,000 | 4,291,332,000 | 4,077,373,000 | 3,939,425,000 | 3,849,784,000 | 3,859,040,000 | 3,828,201,000 | 3,830,708,000 | 3,879,526,000 | 3,886,236,000 | 4,053,302,000 | 3,582,624,000 | 3,621,824,000 | 3,566,664,000 | 3,525,765,000 | 3,382,861,000 | 3,443,056,000 | 3,260,686,000 | 2,195,989,000 | 2,050,424,000 | 1,912,399,000 | 1,677,898,000 | 810,000,000 | 585,000,000 | 577,000,000 | 363,000,000 | 187,000,000 | 135,000,000 | |||||||||||||||||||||
secured notes payable | 360,330,000 | 360,298,000 | 360,267,000 | 360,235,000 | 360,204,000 | 360,173,000 | 360,141,000 | 360,110,000 | 363,302,000 | 363,650,000 | 363,993,000 | 364,331,000 | 364,664,000 | 364,992,000 | 365,315,000 | 365,631,000 | 365,945,000 | 366,253,000 | 485,339,000 | 486,169,000 | 622,824,000 | 624,653,000 | 626,397,000 | 645,406,000 | 660,463,000 | 661,862,000 | 475,026,000 | 921,399,000 | 926,811,000 | 932,187,000 | 976,292,000 | 1,109,973,000 | 1,129,996,000 | 1,296,498,000 | 1,238,168,000 | 1,429,069,000 | 1,563,014,000 | 1,785,161,000 | 1,050,202,000 | 1,106,541,000 | 1,114,253,000 | 1,226,421,000 | 1,353,056,000 | 1,452,889,000 | |||||||||||||||||||||
accrued expenses and other liabilities | 697,054,000 | 611,896,000 | 683,748,000 | 726,172,000 | 655,984,000 | 569,790,000 | 645,156,000 | 666,437,000 | 623,714,000 | 566,075,000 | 615,843,000 | 647,176,000 | 571,568,000 | 531,351,000 | 584,400,000 | 598,592,000 | 546,524,000 | 497,432,000 | 528,274,000 | 570,014,000 | 473,795,000 | 445,452,000 | 472,262,000 | 521,374,000 | 450,212,000 | 419,320,000 | 413,850,000 | 473,803,000 | 409,604,000 | 390,380,000 | 405,560,000 | 439,662,000 | 381,232,000 | 368,785,000 | 259,965,000 | 195,222,000 | 201,997,000 | 197,997,000 | 109,282,000 | 96,284,000 | 86,436,000 | 89,941,000 | 79,437,000 | 93,379,000 | 82,451 | 72,332,000 | 80,030,000 | 67,608,000 | 65,355,000 | 76,459,000 | 67,568,000 | 63,380,000 | 96,731,000 | 85,499,000 | 102,522,000 | 72,927,000 | 63,882,000 | 53,455,000 | 57,919 | 50,827,000 | 29,012,000 | 28,352,000 | 50,828,000 | 44,402,000 | 54,547 |
total liabilities | 5,745,197,000 | 5,654,062,000 | 5,664,705,000 | 5,602,140,000 | 5,356,848,000 | 5,194,253,000 | 5,185,381,000 | 5,060,700,000 | 5,020,107,000 | 4,961,725,000 | 5,030,746,000 | 5,166,327,000 | 5,089,882,000 | 5,068,856,000 | 5,101,090,000 | 5,139,479,000 | 5,099,761,000 | 5,155,017,000 | 5,090,986,000 | 4,995,608,000 | 4,946,403,000 | 4,929,145,000 | 4,926,860,000 | 4,997,488,000 | 4,990,201,000 | 4,967,418,000 | 4,942,178,000 | 4,977,826,000 | 4,958,239,000 | 4,889,231,000 | 4,907,617,000 | 4,971,371,000 | 4,991,479,000 | 4,963,735,000 | 3,724,373,000 | 3,739,976,000 | 3,720,512,000 | 3,703,689,000 | 1,993,197,000 | 1,816,899,000 | 1,807,504,000 | 1,728,428,000 | 1,659,246,000 | 1,729,940,000 | 1,669,079 | 1,574,725,000 | 1,701,000,000 | 1,497,240,000 | 1,486,779,000 | 1,268,679,000 | 1,247,205,000 | 1,264,980 | 1,261,433,000 | 1,167,732,000 | 1,218,932,000 | ||||||||||
redeemable common stock | 21,135,000 | 24,425,000 | 22,230,000 | 22,518,000 | 19,787,000 | 19,089,000 | 19,167,000 | 18,033,000 | 20,991,000 | 19,590,000 | 20,671,000 | 20,145,000 | 22,403,000 | 26,857,000 | 30,185,000 | 24,323,000 | 21,692,000 | 17,828,000 | 15,397,000 | 13,841,000 | 13,333,000 | 11,267,000 | 14,131,000 | 13,656,000 | 12,103,000 | 11,045,000 | 9,414,000 | 9,607,000 | 9,410,000 | 7,782,000 | 10,408,000 | 10,804,000 | 10,408,000 | 9,132,000 | |||||||||||||||||||||||||||||||
shareholders’ equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value per share, 20,000,000 shares authorized; 8.50% series i cumulative redeemable shares, liquidation preference 50.00 per share, 867,846 shares issued and outstanding as of june 30, 2025 and december 31, 2024, respectively | 9,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock | 1,168,000 | 1,166,000 | 1,166,000 | 1,166,000 | 1,166,000 | 1,168,000 | 1,168,000 | 1,168,000 | 1,168,000 | 1,167,000 | 1,152,000 | 1,152,000 | 1,152,000 | 1,151,000 | 1,151,000 | 1,149,000 | 1,147,000 | 1,142,000 | 1,141,000 | 1,140,000 | 1,140,000 | 1,140,000 | 1,140,000 | 1,138,000 | 1,138,000 | 1,137,000 | 1,136,000 | 1,136,000 | 1,136,000 | 1,135,000 | 1,134,000 | 1,134,000 | 1,134,000 | 1,134,000 | 754,000 | 753,000 | 751,000 | 749,000 | 427,000 | 427,000 | 426,000 | 410,000 | 409,000 | 378,000 | 365,000 | 338,000 | 322,000 | 296,000 | 200 | ||||||||||||||||
additional paid-in capital | 7,431,627,000 | 7,422,913,000 | 7,417,453,000 | 7,413,674,000 | 7,409,258,000 | 7,406,189,000 | 7,399,921,000 | 7,410,109,000 | 7,405,572,000 | 7,408,307,000 | 7,202,834,000 | 7,196,504,000 | 7,191,920,000 | 7,198,474,000 | 7,230,956,000 | 7,216,885,000 | 7,201,885,000 | 7,182,771,000 | 7,176,793,000 | 7,173,391,000 | 7,168,886,000 | 7,170,148,000 | 7,166,073,000 | 7,149,889,000 | 7,146,076,000 | 7,141,544,000 | 7,138,170,000 | 7,135,479,000 | 7,130,902,000 | 7,127,740,000 | 7,121,112,000 | 7,117,829,000 | 7,114,079,000 | 7,111,445,000 | 3,632,013,000 | 3,619,976,000 | 3,613,221,000 | 3,604,117,000 | 1,562,211,000 | 1,569,090,000 | 1,565,755,000 | 1,494,172,000 | 1,491,183,000 | 1,310,469,000 | 1,264,853 | 1,230,470,000 | 1,085,697,000 | 1,074,147,000 | 1,017,163,000 | 979,260,000 | 955,267,000 | 954,807,000 | 947,923,000 | 920,762,000 | 853,334,000 | 827,466,000 | 835,930,000 | 828,828,000 | 815,941 | 782,249,000 | 757,581,000 | 691,429,000 | 662,868,000 | 654,320,000 | 622,406 |
accumulated distributions in excess of net income | -1,535,340,000 | -1,467,858,000 | -1,469,557,000 | -1,458,816,000 | -1,398,993,000 | -1,326,654,000 | -1,298,263,000 | -1,285,428,000 | -1,235,118,000 | -1,216,325,000 | -1,188,854,000 | -1,219,599,000 | -1,199,216,000 | -1,268,827,000 | -1,255,807,000 | -1,309,511,000 | -1,272,694,000 | -1,367,347,000 | -1,294,182,000 | -1,258,072,000 | -1,202,536,000 | -1,160,944,000 | -1,085,479,000 | -1,119,714,000 | -1,086,665,000 | -1,037,268,000 | -989,263,000 | -940,773,000 | -887,672,000 | -840,642,000 | -784,500,000 | -802,835,000 | -817,616,000 | -765,749,000 | -647,390,000 | -726,062,000 | -717,642,000 | -694,150,000 | -567,662,000 | -582,884,000 | -612,128,000 | -624,304,000 | -625,266,000 | -614,762,000 | -605,316 | -589,191,000 | -559,610,000 | -541,725,000 | -523,298,000 | -499,040,000 | -484,312,000 | -473,661,000 | -452,420,000 | -438,251,000 | -426,789,000 | -403,481,000 | -396,652,000 | -387,020,000 | -378,090 | -363,717,000 | -351,269,000 | -339,311,000 | -314,459,000 | -289,036,000 | -232,224 |
accumulated other comprehensive loss | -6,110,000 | -6,522,000 | -6,940,000 | -7,359,000 | -7,775,000 | -8,263,000 | -8,764,000 | -9,244,000 | -9,514,000 | -9,791,000 | -10,052,000 | -10,321,000 | -10,591,000 | -10,860,000 | -11,132,000 | -11,384,000 | -11,632,000 | -11,859,000 | -12,128,000 | -12,396,000 | -12,665,000 | -12,934,000 | -13,178,000 | -14,870,000 | -9,092,000 | -3,300,000 | -2,045,000 | -2,453,000 | -12,429,000 | -25,448 | |||||||||||||||||||||||||||||||||||
total maa shareholders’ equity | 5,891,354,000 | 5,949,708,000 | 5,942,131,000 | 5,948,674,000 | 6,003,665,000 | 6,072,449,000 | 6,094,071,000 | 6,116,614,000 | 6,162,117,000 | 6,183,367,000 | 6,005,089,000 | 5,967,745,000 | 5,983,274,000 | 5,919,947,000 | 5,965,177,000 | 5,897,148,000 | 5,918,715,000 | 5,804,716,000 | 5,871,633,000 | 5,904,072,000 | 5,954,834,000 | 5,997,419,000 | |||||||||||||||||||||||||||||||||||||||||||
noncontrolling interests - op units | 147,439,000 | 154,810,000 | 155,409,000 | 155,562,000 | 157,905,000 | 161,909,000 | 163,128,000 | 163,950,000 | 165,626,000 | 166,309,000 | 163,595,000 | 164,230,000 | 165,062,000 | 163,566,000 | 165,116,000 | 173,366,000 | 185,340,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
total company’s shareholders’ equity | 6,038,793,000 | 6,104,518,000 | 6,097,540,000 | 6,104,236,000 | 6,161,570,000 | 6,234,358,000 | 6,257,199,000 | 6,280,564,000 | 6,327,743,000 | 6,349,676,000 | 6,168,684,000 | 6,131,975,000 | 6,148,336,000 | 6,083,513,000 | 6,130,293,000 | 6,070,514,000 | 6,104,055,000 | 6,009,052,000 | 6,078,560,000 | 6,112,144,000 | 6,164,728,000 | ||||||||||||||||||||||||||||||||||||||||||||
noncontrolling interests - consolidated real estate entities | 30,472,000 | 28,952,000 | 27,894,000 | 27,358,000 | 24,662,000 | 23,032,000 | 22,756,000 | 23,025,000 | 22,329,000 | 21,320,000 | 21,064,000 | 19,780,000 | 19,780,000 | 19,849,000 | 23,614,000 | 19,816,000 | 16,612,000 | 10,481,000 | 9,848,000 | 7,111,000 | 6,849,000 | 6,648,000 | 6,247,000 | 6,611,000 | 5,656,000 | 5,166,000 | |||||||||||||||||||||||||||||||||||||||
total equity | 6,069,265,000 | 6,133,470,000 | 6,125,434,000 | 6,131,594,000 | 6,186,232,000 | 6,257,390,000 | 6,279,955,000 | 6,303,589,000 | 6,350,072,000 | 6,370,996,000 | 6,189,748,000 | 6,151,755,000 | 6,168,116,000 | 6,103,362,000 | 6,153,907,000 | 6,090,330,000 | 6,120,667,000 | 6,019,533,000 | 6,088,408,000 | 6,119,255,000 | 6,171,577,000 | 6,215,565,000 | 6,289,459,000 | 6,236,610,000 | 6,272,526,000 | 6,325,299,000 | 6,372,189,000 | 6,431,554,000 | 6,479,480,000 | 6,520,363,000 | 6,573,894,000 | 6,550,626,000 | 6,532,242,000 | 6,586,832,000 | 3,147,582,000 | 3,053,397,000 | 3,057,202,000 | 3,077,146,000 | 1,030,021,000 | 1,011,797,000 | 962,313,000 | 865,963,000 | 863,718,000 | 678,299,000 | 640,300 | 623,268,000 | 485,483,000 | 497,904,000 | 466,407,000 | ||||||||||||||||
total liabilities and equity | 11,835,597,000 | 11,811,957,000 | 11,812,369,000 | 11,756,252,000 | 11,562,867,000 | 11,470,732,000 | 11,484,503,000 | 11,382,322,000 | 11,391,170,000 | 11,352,311,000 | 11,241,165,000 | 11,338,227,000 | 11,280,401,000 | 11,199,075,000 | 11,285,182,000 | 11,254,132,000 | 11,242,120,000 | 11,192,378,000 | 11,194,791,000 | 11,128,704,000 | 11,131,313,000 | 11,155,977,000 | 11,230,450,000 | 11,247,754,000 | 11,274,830,000 | 11,303,762,000 | 11,323,781,000 | 11,418,987,000 | 11,447,129,000 | 11,417,376,000 | 11,491,919,000 | 11,532,801,000 | 11,534,129,000 | 11,559,699,000 | 6,881,313,000 | 6,799,682,000 | 6,783,121,000 | 6,785,663,000 | 3,028,257,000 | 2,834,217,000 | 2,775,008,000 | 2,599,088,000 | 2,527,410,000 | 2,412,027,000 | 2,313,521 | 2,201,747,000 | 2,189,851,000 | 1,998,044,000 | 1,955,991,000 | ||||||||||||||||
preferred stock, 0.01 par value per share, 20,000,000 shares authorized; 8.50% series i cumulative redeemable shares, liquidation preference 50.00 per share, 867,846 shares issued and outstanding as of march 31, 2025 and december 31, 2024, respectively | 9,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value per share, 20,000,000 shares authorized; 8.50% series i cumulative redeemable shares, liquidation preference 50.00 per share, 867,846 shares issued and outstanding as of december 31, 2024 and december 31, 2023, respectively | 9,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value per share, 20,000,000 shares authorized; 8.50% series i cumulative redeemable shares, liquidation preference 50.00 per share, 867,846 shares issued and outstanding as of september 30, 2024 and december 31, 2023, respectively | 9,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value per share, 20,000,000 shares authorized; 8.50% series i cumulative redeemable shares, liquidation preference 50.00 per share, 867,846 shares issued and outstanding as of june 30, 2024 and december 31, 2023, respectively | 9,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value per share, 20,000,000 shares authorized; 8.50% series i cumulative redeemable shares, liquidation preference 50.00 per share, 867,846 shares issued and outstanding as of march 31, 2024 and december 31, 2023, respectively | 9,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value per share, 20,000,000 shares authorized; 8.50% series i cumulative redeemable shares, liquidation preference 50.00 per share, 867,846 shares issued and outstanding as of december 31, 2023 and december 31, 2022, respectively | 9,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value per share, 20,000,000 shares authorized; 8.50% series i cumulative redeemable shares, liquidation preference 50.00 per share, 867,846 shares issued and outstanding as of september 30, 2023 and december 31, 2022, respectively | 9,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value per share, 20,000,000 shares authorized; 8.50% series i cumulative redeemable shares, liquidation preference 50.00 per share, 867,846 shares issued and outstanding as of june 30, 2023 and december 31, 2022, respectively | 9,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value per share, 20,000,000 shares authorized; 8.50% series i cumulative redeemable shares, liquidation preference 50.00 per share, 867,846 shares issued and outstanding as of march 31, 2023 and december 31, 2022, respectively | 9,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value per share, 20,000,000 shares authorized; 8.50% series i cumulative redeemable shares, liquidation preference 50.00 per share, 867,846 shares issued and outstanding as of december 31, 2022 and december 31, 2021, respectively | 9,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value per share, 20,000,000 shares authorized; 8.50% series i cumulative redeemable shares, liquidation preference 50.00 per share, 867,846 shares issued and outstanding as of september 30, 2022 and december 31, 2021, respectively | 9,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value per share, 20,000,000 shares authorized; 8.50% series i cumulative redeemable shares, liquidation preference 50.00 per share, 867,846 shares issued and outstanding as of june 30, 2022 and december 31, 2021, respectively | 9,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value per share, 20,000,000 shares authorized; 8.50% series i cumulative redeemable shares, liquidation preference 50.00 per share, 867,846 shares issued and outstanding as of march 31, 2022 and december 31, 2021, respectively | 9,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value per share, 20,000,000 shares authorized; 8.50% series i cumulative redeemable shares, liquidation preference 50.00 per share, 867,846 shares issued and outstanding as of december 31, 2021 and december 31, 2020, respectively | 9,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value per share, 20,000,000 shares authorized; 8.50% series i cumulative redeemable shares, liquidation preference 50.00 per share, 867,846 shares issued and outstanding as of september 30, 2021 and december 31, 2020, respectively | 9,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value per share, 20,000,000 shares authorized; 8.50% series i cumulative redeemable shares, liquidation preference 50.00 per share, 867,846 shares issued and outstanding as of june 30, 2021 and december 31, 2020, respectively | 9,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value per share, 20,000,000 shares authorized; 8.50% series i cumulative redeemable shares, liquidation preference 50.00 per share, 867,846 shares issued and outstanding as of march 31, 2021 and december 31, 2020, respectively | 9,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
noncontrolling interests - operating partnership units | 204,336,000 | 206,927,000 | 208,072,000 | 209,894,000 | 211,498,000 | 214,647,000 | 213,547,000 | 215,404,000 | 218,011,000 | 220,043,000 | 221,841,000 | 224,813,000 | 226,815,000 | 231,393,000 | 231,595,000 | 233,464,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value per share, 20,000,000 shares authorized; 8.50% series i cumulative redeemable shares, liquidation preference 50.00 per share, 867,846 shares issued and outstanding as of december 31, 2020 and december 31, 2019, respectively | 9,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value per share, 20,000,000 shares authorized; 8.50% series i cumulative redeemable shares, liquidation preference 50.00 per share, 867,846 shares issued and outstanding as of september 30, 2020 and december 31, 2019, respectively. | 9,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value per share, 20,000,000 shares authorized; 8.50% series i cumulative redeemable shares, liquidation preference 50.00 per share, 867,846 shares issued and outstanding as of june 30, 2020 and december 31, 2019, respectively. | 9,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value per share, 20,000,000 shares authorized; 8.50% series i cumulative redeemable shares, liquidation preference 50.00 per share, 867,846 shares issued and outstanding as of march 31, 2020 and december 31, 2019, respectively. | 9,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total company's shareholders’ equity | 6,208,917,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shareholders' equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value per share, 20,000,000 shares authorized; 8.50% series i cumulative redeemable shares, liquidation preference 50.00 per share, 867,846 shares issued and outstanding as of december 31, 2019 and december 31, 2018, respectively. | 9,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total maa shareholders' equity | 6,068,565,000 | 6,016,452,000 | 6,051,466,000 | 6,102,122,000 | 6,149,840,000 | 6,207,407,000 | 6,252,361,000 | 6,291,242,000 | 6,339,912,000 | 6,316,927,000 | 6,298,341,000 | 6,351,062,000 | 2,983,332,000 | 2,892,214,000 | 2,894,935,000 | 2,913,407,000 | 990,377,000 | 980,297,000 | 932,184,000 | 839,387,000 | 834,526,000 | 654,501,000 | 617,640 | 600,005,000 | |||||||||||||||||||||||||||||||||||||||||
total company's shareholders' equity | 6,283,212,000 | 6,229,999,000 | 6,266,870,000 | 6,320,133,000 | 6,369,883,000 | 6,429,248,000 | 6,477,174,000 | 6,518,057,000 | 6,571,588,000 | 6,548,320,000 | 6,529,936,000 | 6,584,526,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value per share, 20,000,000 shares authorized; 8.50% series i cumulative redeemable shares, liquidation preference 50 per share, 867,846 shares issued and outstanding as of september 30, 2019 and december 31, 2018, respectively. | 9,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value per share, 20,000,000 shares authorized; 8.50% series i cumulative redeemable shares, liquidation preference 50 per share, 867,846 shares issued and outstanding as of june 30, 2019 and december 31, 2018, respectively. | 9,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value per share, 20,000,000 shares authorized; 8.50% series i cumulative redeemable shares, liquidation preference 50 per share, 867,846 shares issued and outstanding as of march 31, 2019 and december 31, 2018, respectively. | 9,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value per share, 20,000,000 shares authorized; 8.50% series i cumulative redeemable shares, liquidation preference 50 per share, 867,846 shares issued and outstanding as of december 31, 2018 and december 31, 2017, respectively. | 9,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income | -212,000 | 11,556,000 | 7,986,000 | 3,000,000 | 2,157,000 | 790,000 | 735,000 | 4,223,000 | -1,395,000 | 2,691,000 | -56,836,000 | -50,713,000 | -55,090,000 | -50,218,000 | -67,754,000 | -19,629,000 | -14,932,000 | -42,488,000 | 1,676,000 | 17,842,000 | 7,971,000 | 10,897 | 10,999,000 | 24,633,000 | 17,545,000 | 1,292,000 | |||||||||||||||||||||||||||||||||||||||
noncontrolling interest - consolidated real estate entity | 2,306,000 | 2,306,000 | 2,306,000 | 2,306,000 | 2,306,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value per share, 20,000,000 shares authorized; 8.50% series i cumulative redeemable shares, liquidation preference 50 per share, 867,846 shares issued and outstanding at september 30, 2018 and december 31, 2017, respectively | 9,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value per share, 20,000,000 shares authorized; 8.50% series i cumulative redeemable shares, liquidation preference 50 per share, 867,846 shares issued and outstanding at june 30, 2018 and december 31, 2017, respectively | 9,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value per share, 20,000,000 shares authorized; 8.50% series i cumulative redeemable shares, liquidation preference 50 per share, 867,846 shares issued and outstanding at march 31, 2018 and december 31, 2017, respectively | 9,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value per share, 20,000,000 shares authorized; 8.50% series i cumulative redeemable shares, liquidation preference 50 per share, 867,846 shares issued and outstanding at december 31, 2017 and december 31, 2016, respectively. | 9,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
noncontrolling interest - operating partnership units | 231,676,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
assets: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
buildings and improvements | 10,801,863,000 | 10,641,003,000 | 10,636,260,000 | 7,142,278,000 | 6,558,169,000 | 6,602,860,000 | 6,467,714,000 | 3,247,874,000 | 3,237,281,000 | 3,223,326,000 | 2,966,313,000 | 2,865,981,000 | 2,794,902,000 | 2,733,279 | 2,601,033,000 | 2,509,193,000 | 2,410,202,000 | 2,337,178,000 | 2,262,685,000 | 2,250,935,000 | 2,223,728,000 | 2,167,951,000 | 2,113,992,000 | 2,074,804,000 | 2,023,609,000 | 1,961,618,000 | 1,917,577,000 | 1,921,462 | 1,888,083,000 | 1,813,395,000 | 1,793,119,000 | 1,735,162,000 | 1,681,448,000 | 1,481,854 | |||||||||||||||||||||||||||||||
furniture, fixtures and equipment | 339,039,000 | 323,155,000 | 307,463,000 | 253,586,000 | 203,808,000 | 206,877,000 | 201,361,000 | 102,013,000 | 100,513,000 | 101,214,000 | 94,975,000 | 93,919,000 | 90,708,000 | 86,519 | 85,142,000 | 81,301,000 | 78,577,000 | 75,851,000 | 72,585,000 | 70,511,000 | 68,157,000 | 62,658,000 | 60,694,000 | 58,350,000 | 53,111,000 | 51,376,000 | 52,714,000 | 51,374 | 50,032,000 | 48,115,000 | 47,499,000 | 45,407,000 | 44,021,000 | 38,812 | |||||||||||||||||||||||||||||||
less accumulated depreciation | -1,967,481,000 | -1,851,913,000 | -1,768,527,000 | -1,680,431,000 | -1,268,103,000 | -1,258,554,000 | -1,191,115,000 | -1,068,873,000 | -1,051,801,000 | -1,059,563,000 | -990,936,000 | -980,036,000 | -937,989,000 | -937,334 | -917,126,000 | -862,662,000 | -836,933,000 | -812,614,000 | -763,949,000 | -740,383,000 | -717,115,000 | -667,867,000 | -660,053,000 | -638,039,000 | -594,870,000 | -573,473,000 | -559,398,000 | -543,802 | -522,721,000 | -503,793,000 | -491,810,000 | -454,346,000 | -435,505,000 | -339,704 | |||||||||||||||||||||||||||||||
corporate properties | 12,367,000 | 12,072,000 | 12,350,000 | 9,257,000 | 8,337,000 | 8,285,000 | 7,919,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments in real estate joint ventures | 45,096,000 | 44,839,000 | 44,629,000 | 20,000 | 1,802,000 | 3,295,000 | 2,982,000 | 3,237,000 | 3,178,000 | 749,000 | 6,202,000 | 16,567,000 | 17,190,000 | 17,613 | 18,253,000 | 15,571,000 | 12,385,000 | 14,077,000 | 8,805,000 | 6,572,000 | 6,699,000 | 6,897,000 | |||||||||||||||||||||||||||||||||||||||||||
deferred financing costs | 3,906,000 | 4,292,000 | 4,679,000 | 4,260,000 | 13,638,000 | 18,262,000 | 16,304,000 | 13,629,000 | 12,492,000 | 12,989,000 | 14,859,000 | 15,306,000 | 14,134,000 | 13,908 | 13,350,000 | 14,329,000 | 13,658,000 | 13,869,000 | 13,943,000 | 14,513,000 | 15,210,000 | 15,689,000 | 15,698,000 | 15,924,000 | 15,695,000 | 16,175,000 | 16,018,000 | 16,033 | 15,715,000 | 15,935,000 | 15,509,000 | 15,671,000 | 15,837,000 | 13,185 | |||||||||||||||||||||||||||||||
goodwill | 1,239,000 | 1,239,000 | 1,239,000 | 1,607,000 | 2,321,000 | 4,106,000 | 4,106,000 | 4,106,000 | 4,106,000 | 4,106,000 | 4,106,000 | 4,106,000 | 4,106,000 | 4,106 | 4,106,000 | 4,106,000 | 4,106,000 | 4,106,000 | 4,106,000 | 4,106,000 | 4,106,000 | 4,106,000 | 4,106,000 | 4,106,000 | 4,106,000 | 4,105,000 | 4,105,000 | 5,051 | 5,051,000 | 5,051,000 | 5,051,000 | 5,051,000 | 5,051,000 | 5,762 | |||||||||||||||||||||||||||||||
liabilities and equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable | 17,275,000 | 13,932,000 | 13,346,000 | 9,080,000 | 7,680,000 | 15,297,000 | 15,174,000 | 6,963,000 | 10,085,000 | 5,672,000 | 5,582,000 | 4,001,000 | 3,088,000 | 2,826 | 2,615,000 | 2,099,000 | 1,483,000 | 1,158,000 | 1,175,000 | 1,916,000 | 1,448,000 | 2,395,000 | 1,552,000 | 1,569,000 | 1,931,000 | 647,000 | 1,690,000 | 2,773 | 678,000 | 5,986,000 | 2,663,000 | 2,592,000 | 2,439,000 | 1,696 | |||||||||||||||||||||||||||||||
fair market value of interest rate swaps | 2,602,000 | 3,626,000 | 5,001,000 | 8,950,000 | 15,007,000 | 17,997,000 | 17,937,000 | 9,858,000 | 11,907,000 | 17,313,000 | 27,648,000 | 29,360,000 | 39,156,000 | 41,086 | 41,443,000 | 60,070,000 | 56,862,000 | 52,691,000 | |||||||||||||||||||||||||||||||||||||||||||||||
security deposits | 18,998,000 | 19,637,000 | 19,419,000 | 12,221,000 | 10,490,000 | 9,808,000 | 9,522,000 | 6,892,000 | 6,934,000 | 6,830,000 | 6,586,000 | 6,392,000 | 6,428,000 | 6,604 | 6,553,000 | 7,181,000 | 8,092,000 | 8,842,000 | 8,758,000 | 8,966,000 | 8,994,000 | 8,831,000 | 8,851,000 | 8,734,000 | 8,535,000 | 8,345,000 | 7,961,000 | 7,498,000 | 7,209,000 | 6,871,000 | 6,398,000 | 6,274,000 | 5,036 | ||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value per share, 20,000,000 shares authorized; 8.50% series i cumulative redeemable shares, liquidation preference 50 per share, 867,846 shares issued and outstanding at september 30, 2017 and december 31, 2016, respectively | 9,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
noncontrolling interests - consolidated real estate entity | 2,306,000 | 2,306,000 | 2,306,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value per share, 20,000,000 shares authorized; 8.50% series i cumulative redeemable shares, liquidation preference 50 per share, 867,846 shares issued and outstanding at june 30, 2017 and december 31, 2016, respectively | 9,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value per share, 20,000,000 shares authorized; 8.50% series i cumulative redeemable shares, liquidation preference 50 per share, 867,846 and 867,846 shares issued and outstanding at march 31, 2017 and december 31, 2016, respectively | 9,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
redeemable stock | 9,358,000 | 6,309,000 | 5,407,000 | 4,828,000 | 5,039,000 | 5,521,000 | 5,191,000 | 4,697,000 | 4,446,000 | 3,788,000 | 4,142 | 3,754,000 | 3,368,000 | 2,900,000 | 2,805,000 | 2,523,000 | 1,976,000 | 1,588,000 | 2,250,000 | 2,238,000 | 2,068,000 | 2,920,000 | 2,901,000 | 3,017,000 | |||||||||||||||||||||||||||||||||||||||||
noncontrolling interests | 164,250,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities associated with assets held for sale | 32,084,000 | 148,000 | 9,250,000 | 178 | 417,000 | 304,000 | 373,000 | 328,000 | 803,000 | 235,000 | 411,000 | 269 | 213,000 | 290,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
noncontrolling interest | 161,183,000 | 162,267,000 | 163,739,000 | 39,644,000 | 31,500,000 | 30,129,000 | 26,576,000 | 29,192,000 | 23,798,000 | 22,660 | 23,263,000 | 20,033,000 | 21,965,000 | 22,897,000 | 24,035,000 | 24,551,000 | 24,820,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and shareholders' equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
land held for future development | 5,450,000 | 5,450,000 | 1,205,000 | 1,306,000 | 1,306,000 | 1,306,000 | 1,306 | 1,306,000 | 1,306,000 | 1,306,000 | 1,306,000 | 1,306,000 | 1,306,000 | 1,306,000 | 1,306,000 | 2,300,000 | 2,300,000 | 2,360,000 | 2,360,000 | 2,360,000 | 2,360 | 2,360,000 | 1,366,000 | 1,366,000 | 1,366,000 | 1,366,000 | 1,366 | ||||||||||||||||||||||||||||||||||||||
commercial properties | 7,664,000 | 7,880,000 | 7,875,000 | 7,865,000 | 8,014,000 | 8,277,000 | 8,231 | 8,395,000 | 8,163,000 | 8,157,000 | 8,200,000 | 8,764,000 | 8,527,000 | 8,716,000 | 7,762,000 | 7,910,000 | 8,121,000 | 7,163,000 | 7,120,000 | 7,010,000 | 7,103 | 6,966,000 | 7,156,000 | 7,257,000 | 7,197,000 | 7,137,000 | 7,150 | ||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive losses | -4,599,000 | -6,336,000 | -21,869,000 | -30,891,000 | -31,800,000 | -41,584,000 | -42,268 | -41,639,000 | -60,975,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
capital improvements in progress | 74,294,000 | 35,332,000 | 31,437 | 20,488,000 | 3,735,000 | 4,256,000 | 8,152,000 | 10,386,000 | 10,568,000 | 12,145,000 | 35,354,000 | 32,938,000 | 20,187,000 | 23,724,000 | 27,171,000 | 26,116,000 | 20,689 | 10,549,000 | 2,981,000 | 1,027,000 | 3,067,000 | 1,861,000 | 7,335 | ||||||||||||||||||||||||||||||||||||||||||
notes payable | 1,535,934 | 1,451,782,000 | 1,551,203,000 | 1,363,195,000 | 1,358,733,000 | 1,314,157,000 | 1,323,648,000 | 1,354,246,000 | 1,356,200,000 | 1,243,827,000 | 1,271,773,000 | 1,247,545,000 | 1,195,570,000 | 1,183,688,000 | 1,196,349 | 1,202,217,000 | 1,125,235,000 | 1,181,046,000 | 1,140,196,000 | 1,086,647,000 | 951,941 | ||||||||||||||||||||||||||||||||||||||||||||
37,142,477 and 34,871,399 shares issued and outstanding at | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
june 30, 2011 and december 31, 2010, respectively | 371 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value per share, 20,000,000 shares authorized, 25 per share liquidation preference; 8.30% series h cumulative redeemable preferred stock, 6,200,000 shares authorized, 0 and 6,200,000 shares issued and outstanding at september 30, 2010 and december 31, 2009, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total mid-america apartment communities, inc. shareholders' equity | 465,450,000 | 475,939,000 | 443,510,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value per share, 20,000,000 shares authorized, 25 per share liquidation preference; 8.30% series h cumulative redeemable preferred stock, 6,200,000 shares authorized, 3,099,999 and 6,200,000 shares issued and outstanding at june 30, 2010 and december 31, 2009, respectively | 31,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value per share, 20,000,000 shares authorized, 155,000 or 25 per share liquidation preference; 8.30% series h cumulative redeemable preferred stock, 6,200,000 shares authorized, 6,200,000 shares issued and outstanding | 62,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value per share, 20,000,000 shares authorized, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
155,000 or 25 per share liquidation preference; | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
number of shares issued and outstanding represent total shares of common stock regardless of classification on the consolidated balance sheet. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
are 55,900 and 48,579, respectively. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
see accompanying notes to consolidated financial statements. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
number of shares issued and outstanding represent total shares of common stock regardless of classification on the | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
consolidated balance sheet. the number of shares classified as redeemable stock on the consolidated balance sheet | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority interest | 31,609,000 | 31,481,000 | 28,838,000 | 30,161,000 | 32,086,000 | 32,792,000 | 32,600 | 32,207,000 | 31,935,000 | 28,356,000 | 28,660,000 | 31,305,000 | 32,019 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
see accompanying notes to condensed consolidated financial statements. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments in and advances to real estate joint ventures | 6,745,000 | 6,847,000 | 51,000 | 4,021,000 | 4,314,000 | 4,416,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
166,863 or 25 per share liquidation preference; | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
condensed consolidated balance sheet. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments in and advances to real estate joint venture | 51,000 | 3,718 | 3,839,000 | 3,926,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, .01 par value per share, 20,000,000 shares authorized, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
9 1/4% series f cumulative redeemable preferred stock, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
3,000,000 shares authorized, 474,500 shares issued and outstanding | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
8.30% series h cumulative redeemable preferred stock, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
6,200,000 shares authorized, 6,200,000 shares issued and outstanding | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
25,511,314 and 25,093,156 shares issued and outstanding at | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total shareholders' equity | 457,442,000 | 450,099,000 | 429,843,000 | 431,252,000 | 369,956,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and shareholders' equity | 1,761,108,000 | 1,733,113,000 | 1,723,483,000 | 1,630,919,000 | 1,617,244,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
25,361,962 and 25,093,156 shares issued and outstanding at | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
march 31, 2007, and december 31, 2006, respectively | 253,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
number of shares issued and outstanding represent total shares of common stock regardless of classification on the condensed consolidated balance sheet. see notes to condensed consolidated financial statements note 7 for further details. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and shareholders’ equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
security deposits. | 7,670 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
9 1/4% series f cumulative redeemable preferred stock, 3,000,000 shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized, 474,500 shares issued and outstanding | 5 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
8.30% series h cumulative redeemable preferred stock, 6,200,000 shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized, 6,200,000 shares issued and outstanding | 62 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
and 22,048,372 shares issued and outstanding at december 31, 2006, and 2005, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
respectively | 251 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other | -3,491,000 | -3,673,000 | -3,711 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total shareholders’ equity | 449,066 | 361,294 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and shareholders’ equity | 1,746,646 | 1,406,533 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, .01 par value, 20,000,000 shares authorized, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
166,863 or 25 per share liquidation preference: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
24,489,874 and 22,048,372 shares issued and outstanding at | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
september 30, 2006, and december 31, 2005, respectively | 245,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
24,025,183 and 22,048,372 shares issued and outstanding at | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
june 30, 2006, and december 31, 2005, respectively | 240,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
22,623,529 and 22,048,372 shares issued and outstanding at | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
march 31, 2006, and december 31, 2005, respectively | 226,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
8.625% series g cumulative redeemable preferred stock, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
400,000 shares authorized, 400,000 shares issued and outstanding | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
166,827 or 25 per share liquidation preference: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
176,862,500 or 25 per share liquidation preference: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment in and advances to real estate joint venture | 12,620 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred gain on disposition of properties | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and deferred gain | 1,013,220 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, .01 par value, 20,000,000 shares authorized, 176,862,500 or 25 per share liquidation preference: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
474,500 shares at 9.25% series f cumulative | 5 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
400,000 shares at 8.625% series g cumulative | 4 |
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