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Selected Quarterly Financial Information
 12 Months Ended
Dec. 31, 2012
Other Income and Expenses [Abstract]  
SELECTED QUARTERLY FINANCIAL INFORMATION (UNAUDITED)
SELECTED QUARTERLY FINANCIAL INFORMATION (UNAUDITED)
 
(Dollars in thousands except per share data)
 
 
Year Ended December 31, 2012
 
First
 
Second
 
Third
 
Fourth
Total operating revenues
$
116,286

 
$
122,033

 
$
127,452

 
$
131,394

Income from continuing operations before non-operating items
$
29,963

 
$
31,064

 
$
31,964

 
$
37,285

Interest expense
$
(14,110
)
 
$
(14,170
)
 
$
(14,698
)
 
$
(15,773
)
(Loss) from real estate joint ventures
$
(31
)
 
$
(67
)
 
$
(72
)
 
$
(53
)
Discontinued operations:
 

 
 

 
 

 
 

Income (loss) from discontinued operations before gain on sale
$
484

 
$
467

 
$
(451
)
 
$
77

Gain on sale of discontinued operations
$
9,429

 
$
12,953

 
$
16,092

 
$
3,161

Consolidated net income
$
25,068

 
$
29,472

 
$
32,078

 
$
23,207

Net income attributable to noncontrolling interest
$
1,178

 
$
1,312

 
$
1,212

 
$
900

Net income attributable to Mid-America Apartment Communities, Inc.
$
23,890

 
$
28,160

 
$
30,866

 
$
22,307

Net income available for common shareholders
$
23,890

 
$
28,160

 
$
30,866

 
$
22,307

 
 
 
 
 
 
 
 
Per share:
 

 
 

 
 

 
 

Net income available per common share - basic
$
0.60

 
$
0.69

 
$
0.74

 
$
0.53

Net income available per common share - diluted
$
0.60

 
$
0.69

 
$
0.74

 
$
0.53

Dividend paid
$
0.6600

 
$
0.6600

 
$
0.6600

 
$
0.6600

 

 
Year Ended December 31, 2011
 
First
 
Second
 
Third
 
Fourth
Total operating revenues
$
101,672

 
$
105,398

 
$
110,696

 
$
113,040

Income from continuing operations before non-operating items
$
22,589

 
$
21,603

 
$
24,794

 
$
26,231

Interest expense
$
(13,653
)
 
$
(13,845
)
 
$
(15,183
)
 
$
(14,734
)
Loss from real estate joint ventures
$
(245
)
 
$
(178
)
 
$
(107
)
 
$
(63
)
Discontinued operations:
 

 
 

 
 

 
 

Income from discontinued operations before gain on sale
$
988

 
$
984

 
$
806

 
$
847

Gain on sale of discontinued operations
$
—

 
$
—

 
$
4,927

 
$
7,872

Consolidated net income
$
9,155

 
$
7,680

 
$
14,451

 
$
19,945

Net income attributable to noncontrolling interest
$
311

 
$
252

 
$
660

 
$
1,187

Net income attributable to Mid-America Apartment Communities, Inc.
$
8,844

 
$
7,428

 
$
13,791

 
$
18,758

Net income available for common shareholders
$
8,844

 
$
7,428

 
$
13,791

 
$
18,758

 
 
 
 
 
 
 
 
Per share:
 

 
 

 
 

 
 

Net income available per common share - basic
$
0.25

 
$
0.20

 
$
0.37

 
$
0.49

Net income available per common share - diluted
$
0.24

 
$
0.20

 
$
0.37

 
$
0.49

Dividend paid
$
0.6275

 
$
0.6275

 
$
0.6275

 
$
0.6275


 
Some of the financial data in the tables above differ from the values as originally reported in their respective Form 10-Qs or Form 10-Ks due to the reclassification of certain properties into discontinued operations.