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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Assets    
Land $ 2,129,401 $ 2,096,912
Buildings and improvements and other 14,852,509 14,160,799
Development and capital improvements in progress 426,759 470,282
Real Estate Investment Property, at Cost 17,408,669 16,727,993
Less: Accumulated depreciation (5,914,017) (5,327,584)
Real Estate Investment Property, Net 11,494,652 11,400,409
Undeveloped land 73,359 73,359
Investment in real estate joint venture 41,313 41,650
Real estate assets, net 11,609,324 11,515,418
Cash and cash equivalents 60,258 43,018
Restricted cash 13,717 13,743
Other assets 245,683 232,426
Assets held for sale 46,401 7,764
Total assets 11,975,383 11,812,369
Liabilities:    
Unsecured notes payable, net 5,044,979 4,620,690
Secured notes payable, net 360,393 360,267
Accrued expenses and other liabilities 730,366 683,748
Total liabilities 6,135,738 5,664,705
Redeemable common stock 20,402 22,230
Shareholders’ equity:    
Preferred stock, value, outstanding 9 9
Common stock, value, outstanding [1] 1,166 1,166
Additional paid-in capital 7,401,962 7,417,453
Accumulated distributions in excess of net income (1,734,986) (1,469,557)
Accumulated other comprehensive loss (5,300) (6,940)
Total MAA shareholders’ equity 5,662,851 5,942,131
Noncontrolling interests - Operating Partnership units 141,503 155,409
Total Company’s shareholders’ equity 5,804,354 6,097,540
Noncontrolling interests - consolidated real estate entities 14,889 27,894
Operating Partnership capital:    
Limited Partners' Capital Account 408,700 475,400
Accumulated other comprehensive loss (5,300) (6,940)
Noncontrolling interests - consolidated real estate entities 14,889 27,894
Total equity 5,819,243 6,125,434
Total liabilities and equity 11,975,383 11,812,369
Limited Partnership [Member]    
Assets    
Land 2,129,401 2,096,912
Buildings and improvements and other 14,852,509 14,160,799
Development and capital improvements in progress 426,759 470,282
Real Estate Investment Property, at Cost 17,408,669 16,727,993
Less: Accumulated depreciation (5,914,017) (5,327,584)
Real Estate Investment Property, Net 11,494,652 11,400,409
Undeveloped land 73,359 73,359
Investment in real estate joint venture 41,313 41,650
Real estate assets, net 11,609,324 11,515,418
Cash and cash equivalents 60,258 43,018
Restricted cash 13,717 13,743
Other assets 245,683 232,426
Assets held for sale 46,401 7,764
Total assets 11,975,383 11,812,369
Liabilities:    
Unsecured notes payable, net 5,044,979 4,620,690
Secured notes payable, net 360,393 360,267
Accrued expenses and other liabilities 730,366 683,748
Total liabilities 6,135,757 5,664,724
Redeemable common stock 20,402 22,230
Shareholders’ equity:    
Accumulated other comprehensive loss (5,375) (7,064)
Total Company’s shareholders’ equity 5,804,335 6,097,521
Noncontrolling interests - consolidated real estate entities 14,889 27,894
Operating Partnership capital:    
Preferred Units, Preferred Partners' Capital Accounts 66,840 66,840
General Partners' Capital Account [2] 5,601,367 5,882,336
Limited Partners' Capital Account [2] 141,503 155,409
Accumulated other comprehensive loss (5,375) (7,064)
Noncontrolling interests - consolidated real estate entities 14,889 27,894
Total equity 5,819,224 6,125,415
Total liabilities and equity 11,975,383 11,812,369
Limited Partnership [Member] | Related Party [Member]    
Liabilities:    
Due to general partner $ 19 $ 19
[1] Number of shares issued and outstanding represents total shares of common stock regardless of classification on the Consolidated Balance Sheets. The number of shares classified as redeemable common stock on the Consolidated Balance Sheets as of December 31, 2025 and December 31, 2024 are 146,875 and 143,822, respectively.
[2] Number of units outstanding represents total OP Units regardless of classification on the Consolidated Balance Sheets. The number of units classified as redeemable common units on the Consolidated Balance Sheets as of December 31, 2025 and December 31, 2024 are 146,875 and 143,822, respectively.