XML 49 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
MAA Condensed Consolidated Balance Sheets (Parent Company [Member], USD $)
In Thousands, except Share data, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Parent Company [Member]
   
Assets:    
Land $ 877,368 $ 871,316
Buildings and improvements 6,602,860 6,366,701
Furniture, fixtures and equipment 206,877 199,573
Capital improvements in progress 84,502 166,048
Real Estate Investment Property, at Cost 7,771,607 7,603,638
Real Estate Investment Property, Accumulated Depreciation (1,258,554) (1,124,207)
Real Estate Investment Property, Net 6,513,053 6,479,431
Land Available for Development 59,195 63,850
Commercial properties, net 8,285 7,523
Investments in real estate joint ventures 3,295 5,499
Real estate assets, net 6,583,828 6,556,303
Cash and cash equivalents 26,318 89,333
Restricted cash 64,683 44,361
Deferred financing costs, net 18,262 17,424
Other assets 51,789 91,637
Goodwill 4,106 4,106
Real Estate Held-for-sale 34,135 38,761
Total assets 6,783,121 6,841,925
Liabilities:    
Secured notes payable 1,563,014 1,790,935
Unsecured notes payable 1,912,399 1,681,783
Accounts payable 15,297 15,067
Fair market value of interest rate swaps 17,997 20,015
Accrued expenses and other liabilities 201,997 206,190
Security deposits 9,808 9,270
Liabilities associated with assets held for sale 0 78
Total liabilities 3,720,512 3,723,338
Redeemable stock 5,407 5,050
Shareholders' equity:    
Common stock 751 747
Additional paid-in capital 3,613,221 3,599,549
Accumulated distributions in excess of net income (717,642) (653,593)
Accumulated Other Comprehensive (Loss) Income , Net of Tax (1,395) 108
Total MAA shareholders' equity 2,894,935 2,946,811
Noncontrolling interest 162,267 166,726
Total equity 3,057,202 3,113,537
Total liabilities and equity $ 6,783,121 $ 6,841,925
Redeemable stock, shares issued and outstanding 82,511 83,139