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MAA Equity (Tables)
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
MAA Equity [Abstract]    
Shareholders' Equity [Table Text Block]
Total equity and its components for the six-month periods ended June 30, 2015 and 2014 were as follows (dollars in thousands, except per share and per unit data):

  
Mid-America Apartment Communities, Inc. Shareholders Equity
 
 
 
 
 
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, 2014
$
752

 
$
3,619,270

 
$
(729,086
)
 
$
(412
)
 
$
161,287

 
$
3,051,811

Net income
 
 
 
 
197,566

 
 
 
10,984

 
208,550

Other comprehensive income - derivative instruments (cash flow hedges)
 
 
 
 
 
 
1,364

 
76

 
1,440

Issuance and registration of common shares
2

 
182

 
 
 
 
 
 
 
184

Shares repurchased and retired

 
(945
)
 
 
 
 
 
 
 
(945
)
Exercise of stock options

 
420

 
 
 
 
 
 
 
420

Shares issued in exchange for units

 
184

 
 
 
 
 
(184
)
 

Redeemable stock fair market value adjustment
 
 
 
 
173

 
 
 
 
 
173

Adjustment for noncontrolling interest ownership in operating partnership
 
 
45

 
 
 
 
 
(45
)
 

Amortization of unearned compensation
 
 
3,167

 
 
 
 
 
 
 
3,167

Dividends on common stock ($1.54 per share)
 
 
 
 
(116,066
)
 
 
 

 
(116,066
)
Dividends on noncontrolling interest units ($1.54 per unit)
 
 
 
 
 
 
 
 
(6,449
)
 
(6,449
)
EQUITY BALANCE JUNE 30, 2015
$
754

 
$
3,622,323

 
$
(647,413
)
 
$
952

 
$
165,669

 
$
3,142,285

  
Mid-America Apartment Communities, Inc. Shareholders Equity
 
 
 
 
 
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, 2013
$
747

 
$
3,599,549

 
$
(653,593
)
 
$
108

 
$
166,726

 
$
3,113,537

Net income


 


 
46,479

 


 
2,621

 
49,100

Other comprehensive loss - derivative instruments (cash flow hedges)


 


 


 
(1,503
)
 
(87
)
 
(1,590
)
Issuance and registration of common shares
2

 
573

 


 


 


 
575

Shares repurchased and retired

 
(336
)
 


 


 


 
(336
)
Exercise of stock options
2

 
9,542

 


 


 


 
9,544

Shares issued in exchange for units

 
799

 


 


 
(799
)
 

Shares issued in exchange for redeemable stock


 
998

 
 
 
 
 
 
 
998

Redeemable stock fair market value adjustment


 


 
(848
)
 


 


 
(848
)
Adjustment for noncontrolling interest ownership in operating partnership


 
51

 


 


 
(51
)
 

Amortization of unearned compensation


 
2,045

 


 


 


 
2,045

Dividends on common stock ($1.46 per share)


 


 
(109,680
)
 


 

 
(109,680
)
Dividends on noncontrolling interest units ($1.46 per unit)


 


 


 


 
(6,143
)
 
(6,143
)
EQUITY BALANCE JUNE 30, 2014
$
751

 
$
3,613,221

 
$
(717,642
)
 
$
(1,395
)
 
$
162,267

 
$
3,057,202