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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Real estate assets:    
Land $ 396,734 $ 386,670
Buildings and improvements 3,237,281 3,170,413
Furniture, fixtures and equipment 100,513 98,044
Capital improvements in progress 47,662 52,455
Real Estate Investment Property, at Cost, Total 3,782,190 3,707,582
Less accumulated depreciation (1,051,801) (1,027,618)
Real Estate Investment Property, Net, Total 2,730,389 2,679,964
Land held for future development 5,450 1,205
Commercial properties, net 7,880 8,065
Investments in real estate joint ventures 3,178 4,837
Real estate assets, net 2,746,897 2,694,071
Cash and cash equivalents 8,792 9,075
Restricted cash 12,989 808
Deferred financing costs, net 12,492 13,842
Other assets 43,060 29,166
Goodwill 4,106 4,106
Assets held for sale 5,881 0
Total assets 2,834,217 2,751,068
Liabilities:    
Secured notes payable 1,106,541 1,190,848
Unsecured notes payable 585,000 483,000
Accounts payable 10,085 4,586
Fair market value of interest rate swaps 11,907 21,423
Accrued expenses and other liabilities 96,284 94,719
Security deposits 6,934 6,669
Liabilities associated with assets held for sale 148 0
Total liabilities 1,816,899 1,801,245
Redeemable stock 5,521 4,713
Shareholders' equity:    
Common stock, $0.01 par value per share, 50,000,000 shares authorized; 40,940,360 and 38,959,338 shares issued and outstanding at March 31, 2012 and December 31, 2011, respectively 427 422
Additional paid-in capital 1,569,090 1,542,999
Accumulated distributions in excess of net income (582,884) (603,315)
Accumulated other comprehensive losses (6,336) (26,054)
Total MAA shareholders' equity 980,297 914,052
Noncontrolling interest 31,500 31,058
Total equity 1,011,797 945,110
Total liabilities and equity $ 2,834,217 $ 2,751,068