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MAA Equity (Tables)
3 Months Ended
Mar. 31, 2017
MAA Equity [Abstract]  
Shareholders' Equity [Table Text Block]
  
Mid-America Apartment Communities, Inc. Shareholders' Equity
 
 
 
 
 
 
 
Preferred Stock Amount
 
Common
Stock
Amount
 
Additional
Paid-In
Capital
 
Accumulated
Distributions
in Excess of
Net Income
 
Accumulated
Other
Comprehensive
Income (Loss)
 
Noncontrolling
Interest Operating Partnership
 
Noncontrolling Interest - Consolidated Real Estate Entity
 
Total
Equity
EQUITY BALANCE DECEMBER 31, 2015
$

 
$
753

 
$
3,627,074

 
$
(634,141
)
 
$
(1,589
)
 
$
165,726

 
$

 
$
3,157,823

Net income attributable to controlling interest

 

 

 
43,413

 

 
2,395

 

 
45,808

Other comprehensive loss - derivative instruments (cash flow hedges)

 

 

 

 
(2,387
)
 
(132
)
 

 
(2,519
)
Issuance and registration of common shares

 
1

 
89

 

 

 

 

 
90

Shares repurchased and retired

 

 
(1,730
)
 

 

 

 

 
(1,730
)
Shares issued in exchange for common units

 

 
33

 

 

 
(33
)
 

 

Shares issued in exchange for redeemable stock

 

 
123

 

 

 

 

 
123

Redeemable stock fair market value adjustment

 

 

 
(1,100
)
 

 

 

 
(1,100
)
Adjustment for noncontrolling interest ownership in operating partnership

 

 
40

 

 

 
(40
)
 

 

Amortization of unearned compensation

 

 
2,078

 

 

 

 

 
2,078

Dividends on common stock ($0.82 per share)

 

 

 
(61,928
)
 

 

 

 
(61,928
)
Dividends on noncontrolling interest units ($0.82 per unit)

 

 

 

 

 
(3,412
)
 

 
(3,412
)
EQUITY BALANCE MARCH 31, 2016
$

 
$
754

 
$
3,627,707

 
$
(653,756
)
 
$
(3,976
)
 
$
164,504

 
$

 
$
3,135,233


Changes in total equity and its components for the three-month periods ended March 31, 2017 and 2016 were as follows (dollars in thousands, except per share and per unit data):

  
Mid-America Apartment Communities, Inc. Shareholders' Equity
 
 
 
 
 
 
 
Preferred Stock Amount
 
Common
Stock
Amount
 
Additional
Paid-In
Capital
 
Accumulated
Distributions
in Excess of
Net Income
 
Accumulated
Other
Comprehensive
Income (Loss)
 
Noncontrolling
Interest Operating Partnership
 
Noncontrolling Interest - Consolidated Real Estate Entity
 
Total
Equity
EQUITY BALANCE DECEMBER 31, 2016
$
9

 
$
1,133

 
$
7,109,012

 
$
(707,479
)
 
$
1,144

 
$
235,976

 
$
2,306

 
$
6,642,101

Net income attributable to controlling interest

 

 

 
41,905

 

 
1,511

 

 
43,416

Other comprehensive income - derivative instruments (cash flow hedges)

 

 

 

 
3,079

 
113

 

 
3,192

Issuance and registration of common shares

 
1

 
67

 

 

 

 

 
68

Issuance and registration of preferred shares

 

 
2,007

 

 

 

 

 
2,007

Shares repurchased and retired

 

 
(4,734
)
 

 

 

 

 
(4,734
)
Shares issued in exchange for common units

 

 
167

 

 

 
(167
)
 

 

Shares issued in exchange for redeemable stock

 

 
1,482

 

 

 

 

 
1,482

Redeemable stock fair market value adjustment

 

 

 
(298
)
 

 

 

 
(298
)
Adjustment for noncontrolling interest ownership in operating partnership

 

 
305

 

 

 
(305
)
 

 

Amortization of unearned compensation

 

 
3,139

 
(114
)
 

 

 

 
3,025

Dividends on preferred stock

 

 

 
(922
)
 

 

 

 
(922
)
Dividends on common stock ($0.87 per share)

 

 

 
(98,841
)
 

 

 

 
(98,841
)
Dividends on noncontrolling interest units ($0.87 per unit)

 

 

 

 

 
(3,664
)
 

 
(3,664
)
EQUITY BALANCE MARCH 31, 2017
$
9

 
$
1,134

 
$
7,111,445

 
$
(765,749
)
 
$
4,223

 
$
233,464

 
$
2,306

 
$
6,586,832