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Financial Instruments and Derivatives - Additional Information (Details) - USD ($)
$ / shares in Units, $ in Millions
9 Months Ended
Sep. 30, 2021
Dec. 31, 2020
Derivative [Line Items]    
Preferred Stock, Redemption Price Per Share [1] $ 50.00  
Preferred Stock, Redemption Date Oct. 01, 2026  
Designated as Hedging Instrument | Interest Expense    
Derivative [Line Items]    
Realized losses associated with terminated interest rate swaps that were designated as cash flow hedging instruments $ 11.7  
Change in fair value of interest rate derivatives included in AOCI and expected to be reclassified in the next 12 months 1.1  
Fair Value, Measurements, Recurring [Member]    
Derivative [Line Items]    
Embedded Derivative, Fair Value of Embedded Derivative Asset $ 50.5 $ 39.0
Conventional Variable Rate Debt [Member] | Maximum [Member]    
Derivative [Line Items]    
Debt Renewal Period 30 days  
Fixed Rate Debt [Member]    
Derivative [Line Items]    
Notes Payable Excluding Interest Rate Swaps and Cap Agreements $ 4,500.0 4,400.0
Notes Payable, Fair Value Disclosure 4,900.0 4,900.0
Floating Rate Debt [Member]    
Derivative [Line Items]    
Notes Payable Excluding Interest Rate Swaps and Cap Agreements 25.0 172.0
Notes Payable, Fair Value Disclosure $ 25.0 $ 172.0
[1] The redemption price is the price at which the preferred stock is redeemable, at MAA’s option, for cash.