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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenues:    
Rental and other property revenues $ 553,725 $ 549,295
Expenses:    
Operating expenses, excluding real estate taxes and insurance 127,613 124,955
Real estate taxes and insurance 77,959 76,398
Depreciation and amortization 161,870 152,350
Total property operating expenses 367,442 353,703
Property management expenses 22,461 20,578
General and administrative expenses 16,716 15,619
Interest expense 51,409 45,161
Gain on sale of depreciable real estate assets (20,164) (71,911)
Other non-operating income (16,005) (834)
Income before income tax expense 131,866 186,979
Income tax expense (5,521) (1,038)
Income from continuing operations before real estate joint venture activity 126,345 185,941
Income from real estate joint venture 266 465
Net income 126,611 186,406
Net income attributable to noncontrolling interests 2,252 4,733
Net income 124,359 181,673
Dividends to MAA Series I preferred shareholders 922 922
Net income available for MAA common shareholders $ 123,437 $ 180,751
Earnings per common share - basic:    
Net income available for MAA common shareholders $ 1.06 $ 1.55
Earnings per common share - diluted:    
Net income available for MAA common shareholders $ 1.06 $ 1.54
Limited Partnership [Member]    
Revenues:    
Rental and other property revenues $ 553,725 $ 549,295
Expenses:    
Operating expenses, excluding real estate taxes and insurance 127,613 124,955
Real estate taxes and insurance 77,959 76,398
Depreciation and amortization 161,870 152,350
Total property operating expenses 367,442 353,703
Property management expenses 22,461 20,578
General and administrative expenses 16,716 15,619
Interest expense 51,409 45,161
Gain on sale of depreciable real estate assets (20,164) (71,911)
Other non-operating income (16,005) (834)
Income before income tax expense 131,866 186,979
Income tax expense (5,521) (1,038)
Income from continuing operations before real estate joint venture activity 126,345 185,941
Income from real estate joint venture 266 465
Net income 126,611 186,406
Net income attributable to noncontrolling interests (869) 0
Net income 127,480 186,406
Dividends to MAA Series I preferred shareholders 922 922
Net income available for MAA common shareholders $ 126,558 $ 185,484
Earnings per common share - basic:    
Net income available for MAALP common unitholders $ 1.06 $ 1.55
Earnings per common share - diluted:    
Net income available for MAALP common unitholders $ 1.06 $ 1.54