XML 46 R2.htm IDEA: XBRL DOCUMENT v3.3.0.814
MAA Condensed Consolidated Balance Sheets - Parent Company [Member] - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Assets:    
Land $ 913,045 $ 913,408
Buildings and improvements 6,842,089 6,781,210
Furniture, fixtures and equipment 223,759 214,742
Development and capital improvements in progress 44,645 80,772
Real Estate Investment Property, at Cost 8,023,538 7,990,132
Less accumulated depreciation (1,410,155) (1,358,400)
Real Estate Investment Property, Net 6,613,383 6,631,732
Undeveloped land 51,779 55,997
Corporate properties, net 8,606 7,988
Investments in real estate joint ventures 1,807 1,791
Real estate assets, net 6,675,575 6,697,508
Cash and cash equivalents 44,876 26,653
Restricted cash 89,321 28,181
Deferred financing costs, net 11,901 17,812
Other assets 64,061 61,119
Goodwill 1,607 2,321
Total assets 6,887,341 6,833,594
Liabilities:    
Secured notes payable 1,373,654 1,592,116
Unsecured notes payable 2,051,481 1,932,399
Accounts payable 10,509 8,395
Fair market value of interest rate swaps 17,953 13,392
Accrued expenses and other liabilities 243,711 219,044
Security deposits 11,446 10,526
Total liabilities 3,708,754 3,775,872
Redeemable stock 7,266 5,911
Shareholders' equity:    
Common stock 754 752
Additional paid-in capital 3,623,834 3,619,270
Accumulated distributions in excess of net income (614,500) (729,086)
Accumulated other comprehensive loss (6,306) (412)
Total MAA shareholders' equity 3,003,782 2,890,524
Noncontrolling interest 167,539 161,287
Total equity 3,171,321 3,051,811
Total liabilities and equity $ 6,887,341 $ 6,833,594
Redeemable stock, shares issued and outstanding 88,745 87,818