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Selected Quarterly Financial Information (Tables)
12 Months Ended
Dec. 31, 2013
Notes To Financial Statements [Abstract]  
Schedule of Quarterly Financial Information
(Dollars in thousands except per share data) 
 
Year Ended December 31, 2013
 
First
 
Second
 
Third
 
Fourth
Total operating revenues
$
127,920

 
$
131,801

 
$
135,406

 
$
239,607

Income from continuing operations before non-operating items
$
36,847

 
$
31,920

 
$
32,405

 
$
15,719

Interest expense
$
(15,545
)
 
$
(15,189
)
 
$
(14,923
)
 
$
(30,258
)
Gain from real estate joint ventures
$
54

 
$
47

 
$
60

 
$
177

Discontinued operations:
 

 
 

 
 

 
 

Income from discontinued operations before gain on sale
$
1,782

 
$
1,697

 
$
972

 
$
614

Gain on sale of discontinued operations
$

 
$
43,121

 
$
28,788

 
$
4,935

Consolidated net income (loss)
$
22,005

 
$
61,028

 
$
46,056

 
$
(9,810
)
Net income (loss) attributable to noncontrolling interest
$
825

 
$
1,939

 
$
1,772

 
$
(538
)
Net income (loss) available for MAA common shareholders
$
21,180

 
$
59,089

 
$
44,284

 
$
(9,272
)
 
 
 
 
 
 
 
 
Per share:
 

 
 

 
 

 
 

Net income (loss) available per common share - basic
$
0.50

 
$
1.38

 
$
1.04

 
$
(0.12
)
Net income (loss) available per common share - diluted
$
0.50

 
$
1.37

 
$
1.04

 
$
(0.12
)
Dividend paid
$
0.6950

 
$
0.6950

 
$
0.6950

 
$
0.6950

 
 
Year Ended December 31, 2012
 
First
 
Second
 
Third
 
Fourth
Total operating revenues
$
110,982

 
$
116,729

 
$
122,157

 
$
126,020

Income from continuing operations before non-operating items
$
28,353

 
$
29,482

 
$
30,477

 
$
35,592

Interest expense
$
(13,876
)
 
$
(13,971
)
 
$
(14,507
)
 
$
(15,583
)
Loss from real estate joint ventures
$
(31
)
 
$
(67
)
 
$
(72
)
 
$
(53
)
Discontinued operations:
 

 
 

 
 

 
 

Income from discontinued operations before gain on sale
$
2,061

 
$
2,051

 
$
1,046

 
$
1,780

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 available for MAA 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, 2013
 
First
 
Second
 
Third
 
Fourth
Total operating revenues
$
127,920

 
$
131,801

 
$
135,406

 
$
239,607

Income from continuing operations before non-operating items
$
36,847

 
$
31,920

 
$
32,405

 
$
15,719

Interest expense
$
(15,545
)
 
$
(15,189
)
 
$
(14,923
)
 
$
(30,258
)
Gain from real estate joint ventures
$
54

 
$
47

 
$
60

 
$
177

Discontinued operations:
 
 
 
 
 
 
 
Income from discontinued operations before gain on sale
$
1,570

 
$
1,511

 
$
973

 
$
600

Gain on sale of discontinued operations
$

 
$
31,779

 
$
28,806

 
$
4,935

Net income (loss) available for common unitholders
$
21,793

 
$
49,500

 
$
46,075

 
$
(9,824
)
 
 
 
 
 
 
 
 
Per unit:
 
 
 
 
 
 
 
Net income (loss) available per common unit - basic
$
0.49

 
$
1.12

 
$
1.04

 
$
(0.12
)
Net income (loss) available per common unit - diluted
$
0.49

 
$
1.12

 
$
1.04

 
$
(0.12
)
Distribution paid
$
0.6950

 
$
0.6950

 
$
0.6950

 
$
0.6950


 
Year Ended December 31, 2012
 
First
 
Second
 
Third
 
Fourth
Total operating revenues
$
110,982

 
$
116,729

 
$
122,157

 
$
126,020

Income from continuing operations before non-operating items
$
28,353

 
$
29,482

 
$
30,477

 
$
35,592

Interest expense
$
(13,876
)
 
$
(13,971
)
 
$
(14,507
)
 
$
(15,583
)
Loss from real estate joint ventures
$
(31
)
 
$
(67
)
 
$
(72
)
 
$
(53
)
Discontinued operations:
 
 
 
 
 
 
 
Income from discontinued operations before gain on sale
$
1,874

 
$
1,863

 
$
850

 
$
1,566

Gain on sale of discontinued operations
$
9,429

 
$
12,953

 
$
16,092

 
$
3,161

Net income available for common unitholders
$
24,881

 
$
29,284

 
$
31,882

 
$
22,993

 
 
 
 
 
 
 
 
Per unit:
 
 
 
 
 
 
 
Net income available per common unit - basic
$
0.60

 
$
0.69

 
$
0.75

 
$
0.52

Net income available per common unit - diluted
$
0.60

 
$
0.69

 
$
0.75

 
$
0.52

Distribution paid
$
0.6600

 
$
0.6600

 
$
0.6600

 
$
0.6600


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.