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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Parent Company [Member]        
Operating revenues:        
Rental revenues $ 239,670 $ 226,584 $ 710,775 $ 671,695
Other property revenues 22,328 22,979 68,666 67,264
Total property revenues 261,998 249,563 779,441 738,959
Management fee income 0 11 0 154
Total operating revenues 261,998 249,574 779,441 739,113
Property operating expenses:        
Personnel 26,500 26,363 78,033 76,481
Building repairs and maintenance 8,793 9,056 23,195 23,354
Real estate taxes and insurance 31,699 31,025 97,824 93,128
Utilities 23,769 23,535 67,442 66,985
Landscaping 3,900 4,068 15,032 15,557
Other operating 6,938 6,835 21,577 20,903
Depreciation and amortization 73,098 70,222 220,606 229,866
Total property operating expenses 174,697 171,104 523,709 526,274
Acquisition expense 656 13 2,155 971
Property management expenses 7,628 7,429 23,106 24,019
General and administrative expenses 5,879 6,511 19,103 16,065
Merger related expenses 0 331 0 3,202
Integration related expenses 0 147 0 7,140
Income from continuing operations before non-operating items 73,138 64,039 211,368 161,442
Interest and other non-property (expense) income (179) 37 (359) 1,077
Interest expense (29,342) (28,251) (88,801) (89,090)
Loss on debt extinguishment (5) (2,586) (3,384) (2,586)
Amortization of deferred financing costs (887) (1,000) (2,710) (3,485)
Net casualty loss after insurance and other settlement proceeds (5) (126) 485 (431)
Gain on sale of depreciable real estate assets excluded from discontinued operations 54,621 36,032 190,031 42,254
Gain on sale of non-depreciable real estate assets 0 0 172 535
Income before income tax expense 97,341 68,145 306,802 109,716
Income tax expense (512) (442) (1,419) (1,235)
Income from continuing operations before joint venture activity 96,829 67,703 305,383 108,481
Gain (loss) from real estate joint ventures (1) 3,124 (5) 6,019
Income from continuing operations 96,828 70,827 305,378 114,500
Discontinued operations:        
Income from discontinued operations before gain on sale 0 (8) 0 (59)
Loss from Insurance Settlement and Other, Discontinued Operations 0 3 0 0
Gain on sale of discontinued operations 0 (103) 0 5,378
Consolidated net income 96,828 70,719 305,378 119,819
Net income attributable to noncontrolling interests 5,094 3,743 16,078 6,364
Net income available for MAA common shareholders $ 91,734 $ 66,976 $ 289,300 $ 113,455
Earnings per common share - basic:        
Income from continuing operations available for common shareholders $ 1.22 $ 0.89 $ 3.84 $ 1.44
Discontinued property operations 0.00 0.00 0.00 0.07
Net income available for common shareholders 1.22 0.89 3.84 1.51
Earnings per common share - diluted:        
Income from continuing operations available for common shareholders 1.22 0.89 3.84 1.44
Discontinued property operations 0.00 0.00 0.00 0.07
Net income available for common shareholders 1.22 0.89 3.84 1.51
Dividends declared per common share $ 0.77 $ 0.73 2.31 2.19
Distribution Made to Limited Partner, Distributions Declared, Per Unit     $ 2.31 $ 2.19
Limited Partner [Member]        
Operating revenues:        
Rental revenues $ 239,670 $ 226,584 $ 710,775 $ 671,695
Other property revenues 22,328 22,979 68,666 67,264
Total property revenues 261,998 249,563 779,441 738,959
Management fee income 0 11 0 154
Total operating revenues 261,998 249,574 779,441 739,113
Property operating expenses:        
Personnel 26,500 26,363 78,033 76,481
Building repairs and maintenance 8,793 9,056 23,195 23,354
Real estate taxes and insurance 31,699 31,025 97,824 93,128
Utilities 23,769 23,535 67,442 66,985
Landscaping 3,900 4,068 15,032 15,557
Other operating 6,938 6,835 21,577 20,903
Depreciation and amortization 73,098 70,222 220,606 229,866
Total property operating expenses 174,697 171,104 523,709 526,274
Acquisition expense 656 13 2,155 971
Property management expenses 7,628 7,429 23,106 24,019
General and administrative expenses 5,879 6,511 19,103 16,065
Merger related expenses 0 331 0 3,202
Integration related expenses 0 147 0 7,140
Income from continuing operations before non-operating items 73,138 64,039 211,368 161,442
Interest and other non-property (expense) income (179) 37 (359) 1,077
Interest expense (29,342) (28,251) (88,801) (89,090)
Loss on debt extinguishment (5) (2,586) (3,384) (2,586)
Amortization of deferred financing costs (887) (1,000) (2,710) (3,485)
Net casualty loss after insurance and other settlement proceeds (5) (126) 485 (431)
Gain on sale of depreciable real estate assets excluded from discontinued operations 54,621 36,032 190,031 42,254
Gain on sale of non-depreciable real estate assets 0 0 172 535
Income before income tax expense 97,341 68,145 306,802 109,716
Income tax expense (512) (442) (1,419) (1,235)
Income from continuing operations before joint venture activity 96,829 67,703 305,383 108,481
Gain (loss) from real estate joint ventures (1) 3,124 (5) 6,019
Income from continuing operations 96,828 70,827 305,378 114,500
Discontinued operations:        
Income from discontinued operations before gain on sale 0 (8) 0 (59)
Loss from Insurance Settlement and Other, Discontinued Operations 0 3 0 0
Gain on sale of discontinued operations 0 (103) 0 5,378
Consolidated net income 96,828 70,719 305,378 119,819
Net income available for Mid-America Apartments, L.P. common unitholders $ 96,828 $ 70,719 $ 305,378 $ 119,819
Earnings per common share - basic:        
Income from continuing operations available for common shareholders $ 1.22 $ 0.89 $ 3.84 $ 1.44
Discontinued property operations 0.00 0.00 0.00 0.07
Net income available for common shareholders 1.22 0.89 3.84 1.51
Earnings per common share - diluted:        
Income from continuing operations available for common shareholders 1.22 0.89 3.84 1.44
Discontinued property operations 0.00 0.00 0.00 0.07
Net income available for common shareholders 1.22 0.89 3.84 1.51
Distribution Made to Limited Partner, Distributions Declared, Per Unit $ 0.77 $ 0.73 $ 2.31 $ 2.19