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MAA Equity (Tables)
9 Months Ended
Sep. 30, 2018
MAA Equity [Abstract]  
Shareholders' Equity [Table Text Block]
  
Mid-America Apartment Communities, Inc. Shareholders' Equity
 
 
 
 
 
 
 
Preferred Stock
 
Common
Stock
 
Additional
Paid-In
Capital
 
Accumulated
Distributions
in Excess of
Net Income
 
Accumulated
Other
Comprehensive
Income 
 
Noncontrolling
Interests - 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 interests

 

 

 
204,929

 

 
7,600

 

 
212,529

Other comprehensive loss - derivative instruments

 

 

 

 
(354
)
 
(14
)
 

 
(368
)
Issuance and registration of common shares

 
1

 
153

 

 

 

 

 
154

Issuance and registration of preferred shares

 

 
2,007

 

 

 

 

 
2,007

Shares repurchased and retired

 

 
(4,782
)
 

 

 

 

 
(4,782
)
Exercise of stock options

 

 
218

 


 

 

 
 
 
218

Shares issued in exchange for common units

 

 
1,133

 

 

 
(1,133
)
 

 

Shares issued in exchange for redeemable stock

 

 
1,482

 

 

 

 

 
1,482

Redeemable stock fair market value adjustment

 

 

 
(870
)
 

 

 

 
(870
)
Adjustment for noncontrolling interests in Operating Partnership

 

 
54

 

 

 
(54
)
 

 

Amortization of unearned compensation

 

 
8,552

 
(114
)
 

 

 

 
8,438

Dividends on preferred stock

 

 

 
(2,766
)
 

 

 

 
(2,766
)
Dividends on common stock

 

 

 
(296,535
)
 

 

 

 
(296,535
)
Dividends on noncontrolling interests units

 

 

 

 

 
(10,982
)
 

 
(10,982
)
EQUITY BALANCE SEPTEMBER 30, 2017
$
9

 
$
1,134

 
$
7,117,829

 
$
(802,835
)
 
$
790

 
$
231,393

 
$
2,306

 
$
6,550,626


Changes in total equity and its components for the nine months ended September 30, 2018 and 2017 were as follows (dollars in thousands):

  
Mid-America Apartment Communities, Inc. Shareholders' Equity
 
 
 
 
 
 
 
Preferred Stock
 
Common Stock
 
Additional Paid-In Capital
 
Accumulated Distributions in Excess of Net Income
 
Accumulated
Other
Comprehensive
Income
 
Noncontrolling
Interests - Operating Partnership
 
Noncontrolling Interest - Consolidated Real Estate Entity
 
Total
Equity
EQUITY BALANCE DECEMBER 31, 2017
$
9

 
$
1,134

 
$
7,121,112

 
$
(784,500
)
 
$
2,157

 
$
231,676

 
$
2,306

 
$
6,573,894

Net income attributable to controlling interests

 

 

 
161,617

 

 
5,888

 

 
167,505

Other comprehensive income - derivative instruments

 

 

 

 
9,166

 
335

 

 
9,501

Issuance and registration of common shares

 
1

 
(272
)
 

 

 

 

 
(271
)
Shares repurchased and retired

 

 
(2,912
)
 

 

 

 

 
(2,912
)
Exercise of stock options

 

 
916

 

 

 

 

 
916

Shares issued in exchange for common units

 
1

 
4,282

 

 

 
(4,283
)
 

 

Shares issued in exchange for redeemable stock

 

 
1,915

 

 

 

 

 
1,915

Redeemable stock fair market value adjustment

 

 

 
121

 

 

 

 
121

Adjustment for noncontrolling interests in Operating Partnership

 

 
561

 

 

 
(561
)
 

 

Cumulative adjustment due to adoption of ASU 2017-12

 

 

 
(233
)
 
233

 

 

 

Amortization of unearned compensation

 

 
9,877

 

 

 

 

 
9,877

Dividends on preferred stock

 

 

 
(2,766
)
 

 

 

 
(2,766
)
Dividends on common stock

 

 

 
(315,012
)
 

 

 

 
(315,012
)
Dividends on noncontrolling interests units

 

 

 

 

 
(11,214
)
 

 
(11,214
)
EQUITY BALANCE SEPTEMBER 30, 2018
$
9

 
$
1,136

 
$
7,135,479

 
$
(940,773
)
 
$
11,556

 
$
221,841

 
$
2,306

 
$
6,431,554