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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Limited Partner [Member]        
Operating revenues:        
Rental revenues $ 355,832 $ 249,326 $ 707,009 $ 494,991
Other property revenues 26,959 22,910 54,690 46,261
Total operating revenues 382,791 272,236 761,699 541,252
Property operating expenses:        
Personnel 34,642 25,858 68,015 51,055
Building repairs and maintenance 11,811 7,680 21,624 13,779
Real estate taxes and insurance 54,163 34,729 108,136 69,900
Utilities 27,527 22,244 54,424 44,380
Landscaping 7,045 5,673 13,567 10,994
Other operating 10,781 6,771 21,476 13,728
Depreciation and amortization 126,360 75,742 256,357 150,870
Total property operating expenses 272,329 178,697 543,599 354,706
Acquisition expense 0 421 0 1,134
Property management expenses 10,745 8,310 21,726 17,313
General and administrative expenses 9,534 7,014 22,374 13,596
Merger Related Expenses 978 0 3,849 0
Business Combination, Integration Related Costs 3,229 0 6,519 0
Income from continuing operations before non-operating items 85,976 77,794 163,632 154,503
Interest and other non-property (expense) income 650 62 3,329 94
Interest expense (38,481) (32,039) (75,065) (64,250)
Loss on debt extinguishment 2,217 0 2,340 3
Net casualty loss after insurance and other settlement proceeds (240) 1,760 (331) 813
Gain on sale of depreciable real estate assets excluded from discontinued operations 274 68 201 823
Gain on sale of non-depreciable real estate assets 48 543 48 2,170
Income before income tax expense 50,444 48,188 94,154 94,156
Income tax expense (618) (457) (1,269) (745)
Income from continuing operations before joint venture activity 49,826 47,731 92,885 93,411
Gain (loss) from real estate joint ventures 329 (101) 686 27
Consolidated net income 50,155 47,630 93,571 93,438
Preferred Unit Dividends, Income Statement Impact 922 0 1,844 0
Net income available for Mid-America Apartments, L.P. common unitholders $ 49,233 $ 47,630 $ 91,727 $ 93,438
Earnings per common share - basic:        
Net income available for common shareholders $ 0.42 $ 0.60 $ 0.78 $ 1.17
Earnings per common share - diluted:        
Net income available for common shareholders 0.42 0.60 0.78 1.17
Distribution Made to Limited Partner, Distributions Declared, Per Unit $ 0.87 $ 0.82 $ 1.74 $ 1.64
Parent Company [Member]        
Operating revenues:        
Rental revenues $ 355,832 $ 249,326 $ 707,009 $ 494,991
Other property revenues 26,959 22,910 54,690 46,261
Total operating revenues 382,791 272,236 761,699 541,252
Property operating expenses:        
Personnel 34,642 25,858 68,015 51,055
Building repairs and maintenance 11,811 7,680 21,624 13,779
Real estate taxes and insurance 54,163 34,729 108,136 69,900
Utilities 27,527 22,244 54,424 44,380
Landscaping 7,045 5,673 13,567 10,994
Other operating 10,781 6,771 21,476 13,728
Depreciation and amortization 126,360 75,742 256,357 150,870
Total property operating expenses 272,329 178,697 543,599 354,706
Acquisition expense 0 421 0 1,134
Property management expenses 10,745 8,310 21,726 17,313
General and administrative expenses 9,534 7,014 22,374 13,596
Merger Related Expenses 978 0 3,849 0
Business Combination, Integration Related Costs 3,229 0 6,519 0
Income from continuing operations before non-operating items 85,976 77,794 163,632 154,503
Interest and other non-property (expense) income 650 62 3,329 94
Interest expense (38,481) (32,039) (75,065) (64,250)
Loss on debt extinguishment 2,217 0 2,340 3
Net casualty loss after insurance and other settlement proceeds (240) 1,760 (331) 813
Gain on sale of depreciable real estate assets excluded from discontinued operations 274 68 201 823
Gain on sale of non-depreciable real estate assets 48 543 48 2,170
Income before income tax expense 50,444 48,188 94,154 94,156
Income tax expense (618) (457) (1,269) (745)
Income from continuing operations before joint venture activity 49,826 47,731 92,885 93,411
Gain (loss) from real estate joint ventures 329 (101) 686 27
Consolidated net income 50,155 47,630 93,571 93,438
Net income attributable to noncontrolling interests 1,840 2,486 3,351 4,881
Net income available for shareholders 48,315 45,144 90,220 88,557
Preferred Stock Dividends, Income Statement Impact 922 0 1,844 0
Net income available for MAA common shareholders $ 47,393 $ 45,144 $ 88,376 $ 88,557
Earnings per common share - basic:        
Income from continuing operations available for common shareholders $ 0.42   $ 0.78  
Net income available for common shareholders   $ 0.60   $ 1.17
Earnings per common share - diluted:        
Income from continuing operations available for common shareholders 0.42   0.78  
Net income available for common shareholders   0.60   1.17
Dividends declared per common share $ 0.87 $ 0.82 1.74 1.64
Distribution Made to Limited Partner, Distributions Declared, Per Unit     $ 1.74 $ 1.64