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MAALP Capital
6 Months Ended
Jun. 30, 2018
MAALP Capital [Abstract]  
Consolidated Statements of Changes in Capital [Text Block]
MAALP Capital

Changes in total capital and its components for the six months ended June 30, 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
3,975

 
106,982

 
1,844

 

 

 
112,801

Other comprehensive income - derivative instruments

 

 

 
5,804

 

 
5,804

Issuance of units

 
(236
)
 

 

 

 
(236
)
Units repurchased and retired

 
(2,912
)
 

 

 

 
(2,912
)
Exercise of unit options

 
625

 

 

 

 
625

General partner units issued in exchange for limited partner units
(3,118
)
 
3,118

 

 

 

 

Units issued in exchange for redeemable units

 
1,915

 

 

 

 
1,915

Redeemable units fair market value adjustment

 
73

 

 

 

 
73

Adjustment for limited partners' capital at redemption value
(87
)
 
87

 

 

 

 

Cumulative adjustment due to adoption of ASU 2017-12

 
(233
)
 

 
233

 

 

Amortization of unearned compensation

 
6,987

 

 

 

 
6,987

Distributions to preferred unitholders

 

 
(1,844
)
 

 

 
(1,844
)
Distributions to common unitholders
(7,633
)
 
(209,994
)
 

 

 

 
(217,627
)
CAPITAL BALANCE JUNE 30, 2018
$
224,813

 
$
6,177,170

 
$
66,840

 
$
8,332

 
$
2,306

 
$
6,479,461



  
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
3,351

 
88,376

 
1,844

 

 

 
93,571

Other comprehensive income - derivative instruments

 

 

 
(425
)
 

 
(425
)
Issuance of units

 
16

 
2,007

 

 

 
2,023

Units repurchased and retired

 
(4,782
)
 

 

 

 
(4,782
)
Exercise of OP Unit options

 
218

 

 

 

 
218

General partner units issued in exchange for limited partner units
(265
)
 
265

 

 

 

 

Units issued in exchange for redeemable units

 
1,482

 

 

 

 
1,482

Redeemable units fair market value adjustment

 
(719
)
 

 

 

 
(719
)
Adjustment for limited partners' capital at redemption value
(139
)
 
139

 

 

 

 

Amortization of unearned compensation

 
5,625

 

 

 

 
5,625

Distributions to preferred unitholders

 

 
(1,844
)
 

 

 
(1,844
)
Distributions to common unitholders
(7,328
)
 
(197,680
)
 

 

 

 
(205,008
)
CAPITAL BALANCE JUNE 30, 2017
$
231,595

 
$
6,230,661

 
$
66,840

 
$
821

 
$
2,306

 
$
6,532,223