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MAALP Capital (Tables)
3 Months Ended
Mar. 31, 2018
MAALP Capital [Abstract]  
Partners' Capital [Table Text Block]

Changes in total capital and its components for the three months ended March 31, 2018 and 2017 were as follows (dollars in thousands):

 
Mid-America Apartments, L.P. Unitholders' Capital
 
 
 
 
 
Limited Partner
 
General Partner
 
Preferred Units
 
Accumulated
Other
Comprehensive
Income
 
Noncontrolling Interest - Consolidated Real Estate Entity
 
Total Partnership Capital
CAPITAL BALANCE DECEMBER 31, 2017
$
231,676

 
$
6,270,758

 
$
66,840

 
$
2,295

 
$
2,306

 
$
6,573,875

Net income
1,801

 
48,097

 
922

 

 

 
50,820

Other comprehensive income - derivative instruments

 

 

 
639

 

 
639

Issuance of units

 
105

 

 

 

 
105

Units repurchased and retired

 
(2,912
)
 

 

 

 
(2,912
)
Exercise of unit options

 
625

 

 

 

 
625

General partner units issued in exchange for limited partner units
(2,780
)
 
2,780

 

 

 

 

Units issued in exchange for redeemable units

 
1,915

 

 

 

 
1,915

Redeemable units fair market value adjustment

 
965

 

 

 

 
965

Adjustment for limited partners' capital at redemption value
(63
)
 
63

 

 

 

 

Cumulative adjustment due to adoption of ASU 2017-12

 
(233
)
 

 
233

 

 

Amortization of unearned compensation

 
4,024

 

 

 

 
4,024

Distributions to preferred unitholders

 

 
(922
)
 

 

 
(922
)
Distributions to common unitholders
(3,819
)
 
(104,971
)
 

 

 

 
(108,790
)
CAPITAL BALANCE MARCH 31, 2018
$
226,815

 
$
6,221,216

 
$
66,840

 
$
3,167

 
$
2,306

 
$
6,520,344

  
Mid-America Apartments, L.P. Unitholders' Capital
 
 
 
 
 
Limited Partner
 
General Partner
 
Preferred Units
 
Accumulated
Other
Comprehensive
Income
 
Noncontrolling Interest - Consolidated Real Estate Entity
 
Total Partnership Capital
CAPITAL BALANCE DECEMBER 31, 2016
$
235,976

 
$
6,337,721

 
$
64,833

 
$
1,246

 
$
2,306

 
$
6,642,082

Net income
1,511

 
40,983

 
922

 

 

 
43,416

Other comprehensive income - derivative instruments

 

 

 
3,192

 

 
3,192

Issuance of units

 
68

 
2,007

 

 

 
2,075

Units repurchased and retired

 
(4,734
)
 

 

 

 
(4,734
)
General partner units issued in exchange for limited partner units
(167
)
 
167

 

 

 

 

Units issued in exchange for redeemable units

 
1,482

 

 

 

 
1,482

Redeemable units fair market value adjustment

 
(298
)
 

 

 

 
(298
)
Adjustment for limited partners' capital at redemption value
(192
)
 
192

 

 

 

 

Amortization of unearned compensation

 
3,025

 

 

 

 
3,025

Distributions to preferred unitholders

 

 
(922
)
 

 

 
(922
)
Distributions to common unitholders
(3,664
)
 
(98,841
)
 

 

 

 
(102,505
)
CAPITAL BALANCE MARCH 31, 2017
$
233,464

 
$
6,279,765

 
$
66,840

 
$
4,438

 
$
2,306

 
$
6,586,813