Total equity and its components for the nine-month periods ended September 30, 2013, and 2012 were as follows (dollars in thousands, except per share and per unit data):



	Mid-America Apartment Communities, Inc. Shareholders
	Common Stock Amount		Additional Paid-In Capital			Accumulated Distributions in Excess of Net Income			Accumulated Other Comprehensive Income (Loss)			Noncontrolling Interest			Total Equity
EQUITY BALANCE DECEMBER 31, 2012	$	422	$	1,542,999		$	(603,315	)	$	(26,054	)	$	31,058		$	945,110
Net income						124,553						4,536			129,089
Other comprehensive income - derivative instruments (cash flow hedges)									21,455			739			22,194
Issuance and registration of common shares	4		25,034												25,038
Shares repurchased and retired	—		(682		)										(682		)
Shares issued in exchange for units	1		549									(550		)	—
Redeemable stock fair market value						209									209
Adjustment for noncontrolling interest ownership in operating partnership			(7,418		)							7,418			—
Amortization of unearned compensation			1,729												1,729
Dividends on common stock ($2.0850 per share)						(89,109		)				—			(89,109		)
Dividends on noncontrolling interest units ($2.0850 per unit)												(3,557		)	(3,557		)
EQUITY BALANCE SEPTEMBER 30, 2013	$	427	$	1,562,211		$	(567,662	)	$	(4,599	)	$	39,644		$	1,030,021



	Mid-America Apartment Communities, Inc. Shareholders
	Common Stock Amount		Additional Paid-In Capital			Accumulated Distributions in Excess of Net Income			Accumulated Other Comprehensive Income (Loss)			Noncontrolling Interest			Total Equity
EQUITY BALANCE DECEMBER 31, 2011	$	389	$	1,375,623		$	(621,833	)	$	(35,848	)	$	25,131		$	743,462
Net income						82,916						3,702			86,618
Other comprehensive income - derivative instruments (cash flow hedges)									5,381			1,730			7,111
Issuance and registration of common shares	28		173,934												173,962
Shares repurchased and retired	—		(1,863		)										(1,863		)
Shares issued in exchange for units	2		2,670									(2,672		)	—
Redeemable stock fair market value						(168		)							(168		)
Adjustment for noncontrolling interest ownership in operating partnership			(4,812		)							4,812			—
Correction of classification of equity accounts			(27,032		)	24,871						2,161			—
Amortization of unearned compensation			1,730												1,730
Dividends on common stock ($1.9800 per share)						(81,813		)				—			(81,813		)
Dividends on noncontrolling interest units ($1.9800 per unit)												(3,667		)	(3,667		)
EQUITY BALANCE SEPTEMBER 30, 2012	$	419	$	1,520,250		$	(596,027	)	$	(30,467	)	$	31,197		$	925,372