Selected Quarterly Financial Information

12 Months Ended

Dec. 31, 2017

Selected Quarterly Financial Information [Abstract]

SELECTED QUARTERLY FINANCIAL INFORMATION (UNAUDITED)

SELECTED QUARTERLY FINANCIAL INFORMATION OF MAA (UNAUDITED)

The following table reflects MAA's selected quarterly financial information for the year ended December 31, 2017 (dollars in thousands, except per share data):

	Year Ended December 31, 2017
	First		Second		Third		Fourth
Rental and other property revenues	$	378,908	$	382,791	$	384,550	$	382,738
Income before non-operating items	77,656		85,976		94,671		96,473
Net income	43,416		50,155		118,958		128,007
Net income available for MAA common shareholders	40,983		47,393		113,787		122,528
Per share:
Earnings per common share - basic	$	0.36	$	0.42	$	1.00	$	1.08
Earnings per common share - diluted	0.36		0.42		1.00		1.08

The following table reflects MAA's selected quarterly financial information for the year ended December 31, 2016 (dollars in thousands, except per share data):

	Year Ended December 31, 2016
	First		Second		Third		Fourth
Rental and other property revenues	$	269,016	$	272,236	$	276,898	$	307,198
Income before non-operating items	77,422		78,215		74,823		44,618
Net income	45,808		47,630		88,906		42,058
Net income available for MAA common shareholders	43,413		45,144		84,279		39,079
Per share:
Earnings per common share - basic	$	0.58	$	0.60	$	1.12	$	0.44
Earnings per common share - diluted	0.58		0.60		1.12		0.44

.    SELECTED QUARTERLY FINANCIAL INFORMATION OF MAALP (UNAUDITED)

The following table reflects MAALP's selected quarterly financial information for the year ended December 31, 2017 (dollars in thousands, except per unit data):

	Year Ended December 31, 2017
	First		Second		Third		Fourth
Rental and other property revenues	$	378,908	$	382,791	$	384,550	$	382,738
Income before non-operating items	77,656		85,976		94,671		96,473
Net income	43,416		50,155		118,958		128,007
Net income available for MAALP common unitholders	42,494		49,233		118,036		127,085
Per unit:
Earnings per common unit - basic	$	0.36	$	0.42	$	1.00	$	1.08
Earnings per common unit - diluted	0.36		0.42		1.00		1.08

The following table reflects MAALP's selected quarterly financial information for the year ended December 31, 2016 (dollars in thousands, except per unit data):

	Year Ended December 31, 2016
	First		Second		Third		Fourth
Rental and other property revenues	$	269,016	$	272,236	$	276,898	$	307,198
Income before non-operating items	77,422		78,215		74,823		44,618
Net income	45,808		47,630		88,906		42,058
Net income available for MAALP common unitholders	45,808		47,630		88,906		41,751
Per unit:
Earnings per common unit - basic	$	0.61	$	0.60	$	1.12	$	0.45
Earnings per common unit - diluted	0.61		0.60		1.12		0.45