Three months ended September 30,

Nine months ended September 30,

2021

2020

2021

2020

Revenues:

Same Store

Rental revenues

$

431,030

$

403,574

$

1,249,053

$

1,197,610

Other property revenues

2,966

3,103

9,302

9,159

Total Same Store revenues

433,996

406,677

1,258,355

1,206,769

Non-Same Store and Other

Rental revenues

18,449

16,447

55,372

47,438

Other property revenues

130

75

780

116

Total Non-Same Store and Other revenues

18,579

16,522

56,152

47,554

Total rental and other property revenues

$

452,575

$

423,199

$

1,314,507

$

1,254,323

Net Operating Income:

Same Store NOI

$

269,393

$

244,513

$

779,194

$

747,581

Non-Same Store and Other NOI

10,344

8,872

31,246

26,285

Total NOI

279,737

253,385

810,440

773,866

Depreciation and amortization

(134,611

)

(127,679

)

(397,938

)

(381,257

)

Property management expenses

(13,831

)

(12,691

)

(40,522

)

(39,064

)

General and administrative expenses

(12,670

)

(11,360

)

(38,763

)

(35,181

)

Interest expense

(39,234

)

(41,010

)

(117,773

)

(126,610

)

(Loss) gain on sale of depreciable real estate assets

(313

)

20

134,515

(7

)

Gain on sale of non-depreciable real estate assets

170

1,366

202

995

Other non-operating income (expense)

10,344

242

14,557

(13,647

)

Income tax expense

(2,803

)

(665

)

(5,847

)

(2,532

)

Income from real estate joint venture

258

428

915

1,153

Net income attributable to noncontrolling interests

(2,568

)

(2,126

)

(11,636

)

(6,096

)

Dividends to MAA Series I preferred shareholders

(922

)

(922

)

(2,766

)

(2,766

)

Net income available for MAA common shareholders

$

83,557

$

58,988

$

345,384

$

168,854