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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Parent Company [Member]        
Operating revenues:        
Rental revenues $ 254,161 $ 239,670 $ 749,153 $ 710,775
Other property revenues 22,737 22,328 68,997 68,666
Total operating revenues 276,898 261,998 818,150 779,441
Property operating expenses:        
Personnel 27,236 26,500 78,290 78,033
Building repairs and maintenance 9,377 8,793 23,156 23,195
Real estate taxes and insurance 34,282 31,699 104,182 97,824
Utilities 24,690 23,769 69,070 67,442
Landscaping 4,021 3,900 15,016 15,032
Other operating 7,040 6,938 20,768 21,577
Depreciation and amortization 76,959 73,098 227,829 220,606
Total property operating expenses 183,605 174,697 538,311 523,709
Acquisition expense 1,033 656 2,167 2,155
Property management expenses 7,908 7,628 25,221 23,106
General and administrative expenses 6,661 5,879 20,257 19,103
Merger Related Expenses 3,901 0 3,901 0
Income from continuing operations before non-operating items 73,790 73,138 228,293 211,368
Interest and other non-property (expense) income 64 (179) 159 (359)
Interest expense (32,168) (30,229) (96,418) (91,511)
Loss on debt extinguishment 0 (5) 3 (3,384)
Net casualty loss after insurance and other settlement proceeds (75) (5) 738 485
Gain on sale of depreciable real estate assets excluded from discontinued operations 47,749 54,621 48,572 190,031
Gain on sale of non-depreciable real estate assets 0 0 2,170 172
Income before income tax expense 89,360 97,341 183,517 306,802
Income tax expense (454) (512) (1,200) (1,419)
Income from continuing operations before joint venture activity 88,906 96,829 182,317 305,383
Gain (loss) from real estate joint ventures 0 (1) 27 (5)
Consolidated net income 88,906 96,828 182,344 305,378
Net income attributable to noncontrolling interests 4,627 5,094 9,508 16,078
Net income available for MAA common shareholders $ 84,279 $ 91,734 $ 172,836 $ 289,300
Earnings per common share - basic:        
Net income available for common shareholders $ 1.12 $ 1.22 $ 2.29 $ 3.84
Earnings per common share - diluted:        
Net income available for common shareholders 1.12 1.22 2.29 3.84
Dividends declared per common share $ 0.82 $ 0.77 2.46 2.31
Distribution Made to Limited Partner, Distributions Declared, Per Unit     $ 2.46 $ 2.31
Limited Partner [Member]        
Operating revenues:        
Rental revenues $ 254,161 $ 239,670 $ 749,153 $ 710,775
Other property revenues 22,737 22,328 68,997 68,666
Total operating revenues 276,898 261,998 818,150 779,441
Property operating expenses:        
Personnel 27,236 26,500 78,290 78,033
Building repairs and maintenance 9,377 8,793 23,156 23,195
Real estate taxes and insurance 34,282 31,699 104,182 97,824
Utilities 24,690 23,769 69,070 67,442
Landscaping 4,021 3,900 15,016 15,032
Other operating 7,040 6,938 20,768 21,577
Depreciation and amortization 76,959 73,098 227,829 220,606
Total property operating expenses 183,605 174,697 538,311 523,709
Acquisition expense 1,033 656 2,167 2,155
Property management expenses 7,908 7,628 25,221 23,106
General and administrative expenses 6,661 5,879 20,257 19,103
Merger Related Expenses 3,901 0 3,901 0
Income from continuing operations before non-operating items 73,790 73,138 228,293 211,368
Interest and other non-property (expense) income 64 (179) 159 (359)
Interest expense (32,168) (30,229) (96,418) (91,511)
Loss on debt extinguishment 0 (5) 3 (3,384)
Net casualty loss after insurance and other settlement proceeds (75) (5) 738 485
Gain on sale of depreciable real estate assets excluded from discontinued operations 47,749 54,621 48,572 190,031
Gain on sale of non-depreciable real estate assets 0 0 2,170 172
Income before income tax expense 89,360 97,341 183,517 306,802
Income tax expense (454) (512) (1,200) (1,419)
Income from continuing operations before joint venture activity 88,906 96,829 182,317 305,383
Gain (loss) from real estate joint ventures 0 (1) 27 (5)
Consolidated net income 88,906 96,828 182,344 305,378
Net income available for Mid-America Apartments, L.P. common unitholders $ 88,906 $ 96,828 $ 182,344 $ 305,378
Earnings per common share - basic:        
Net income available for common shareholders $ 1.12 $ 1.22 $ 2.29 $ 3.84
Earnings per common share - diluted:        
Net income available for common shareholders 1.12 1.22 2.29 3.84
Distribution Made to Limited Partner, Distributions Declared, Per Unit $ 0.82 $ 0.77 $ 2.46 $ 2.31