XML 56 R36.htm IDEA: XBRL DOCUMENT v2.4.0.8
Discontinued Operations (Tables)
3 Months Ended
Mar. 31, 2014
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]  
Schedule of Discontinued Operation Properties Sold [Table Text Block]
The following table lists the communities classified as discontinued operations for the three months ended March 31, 2014:

Community
Units/Sq. Ft.
Date Sold
Location
Operating Segment
Willow Creek
285
January 15, 2014
Columbus, Georgia
Secondary market same store
Colonial Promenade Nord du Lac
195,536
Held for Sale
New Orleans, Louisiana
Non-same store and other
Schedule of Income from Continuing and Discontinued Operations Attributable to MAA and Noncontrolling Interest [Table Text Block]
The following is a summary of income from continuing and discontinued operations attributable to MAA and noncontrolling interest for the three-month periods ended March 31, 2014 and 2013 (dollars in thousands):

 
Three months ended March 31,
 
2014
 
2013
Income from continuing operations:
 
 
 
Attributable to MAA (1)
$
9,285

 
$
19,463

Attributable to noncontrolling interest
534

 
760

Income from continuing operations
$
9,819

 
$
20,223

 
 
 
 
Income from discontinued operations:
 

 
 

Attributable to MAA
$
5,581

 
$
1,717

Attributable to noncontrolling interest
314

 
65

Income from discontinued operations
$
5,895

 
$
1,782

Parent Company [Member]
 
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]  
Summary of Discontinued Operations
The following is a summary of earnings from discontinued operations for MAA for the three-month periods ended March 31, 2014 and 2013 (dollars in thousands):


Three months ended March 31,
 
2014

2013
Revenues
 

 
Rental revenues
$
832


$
5,007

Other revenues
(5
)

439

Total revenues
827


5,446

Expenses
 


 

Property operating expenses
314


2,256

Depreciation and amortization
42


1,237

Interest expense and other
55


171

Total expense
411


3,664

Income from discontinued operations before gain on sale
416


1,782

Net loss on insurance and other settlement proceeds on discontinued operations
(2
)
 

Gain on sale of discontinued operations
5,481

 

Income from discontinued operations
$
5,895


$
1,782

Limited Partner [Member]
 
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]  
Summary of Discontinued Operations
The following is a summary of earnings from discontinued operations for MAALP for the three-month periods ended March 31, 2014 and 2013 (dollars in thousands):

 
Three months ended March 31,
 
2014
 
2013
Revenues:
 

 
 

Rental revenues
$
832

 
$
4,434

Other revenues
(5
)
 
391

Total revenues
827

 
4,825

Expenses:
 

 
 

Property operating expenses
314

 
1,988

Depreciation and amortization
42

 
1,096

Interest expense and other
55

 
171

Total expenses
411

 
3,255

Income from discontinued operations before gain on sale
416

 
1,570

Net loss on insurance and other settlement proceeds on discontinued operations
(2
)
 

Gain on sale of discontinued operations
5,481

 

Income from discontinued operations
$
5,895

 
$
1,570