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Condensed Consolidated Balance Sheets (USD $)
In Thousands, except Share data, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
Redeemable stock, shares issued and outstanding 80,626 72,786
Real estate assets:    
Land $ 394,848 $ 386,670
Buildings and improvements 3,247,874 3,170,413
Furniture, fixtures and equipment 102,013 98,044
Capital improvements in progress 31,595 52,455
Real Estate Investment Property, at Cost, Total 3,776,330 3,707,582
Less accumulated depreciation (1,068,873) (1,027,618)
Real Estate Investment Property, Net, Total 2,707,457 2,679,964
Land held for future development 5,450 1,205
Commercial properties, net 7,664 8,065
Investments in real estate joint ventures 3,237 4,837
Real estate assets, net 2,723,808 2,694,071
Cash and cash equivalents 181,105 9,075
Restricted cash 58,579 808
Deferred financing costs, net 13,629 13,842
Other assets 47,030 29,166
Goodwill 4,106 4,106
Total assets 3,028,257 2,751,068
Liabilities:    
Secured notes payable 1,050,202 1,190,848
Unsecured notes payable 810,000 483,000
Accounts payable 6,963 4,586
Fair market value of interest rate swaps 9,858 21,423
Accrued expenses and other liabilities 109,282 94,719
Security deposits 6,892 6,669
Total liabilities 1,993,197 1,801,245
Redeemable stock 5,039 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 1,562,211 1,542,999
Accumulated distributions in excess of net income (567,662) (603,315)
Accumulated other comprehensive losses (4,599) (26,054)
Total MAA shareholders' equity 990,377 914,052
Noncontrolling interest 39,644 31,058
Total equity 1,030,021 945,110
Total liabilities and equity $ 3,028,257 $ 2,751,068