XML 20 R2.htm IDEA: XBRL DOCUMENT v3.22.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Assets    
Land $ 1,977,813 $ 1,929,181
Buildings and improvements and other 12,454,439 12,065,244
Development and capital improvements in progress 247,970 283,477
Real Estate Investment Property, at Cost 14,680,222 14,277,902
Less: Accumulated depreciation (3,848,161) (3,415,105)
Real Estate Investment Property, Net 10,832,061 10,862,797
Undeveloped land 24,015 60,993
Investment in real estate joint venture 42,827 43,325
Real estate assets, net 10,898,903 10,967,115
Cash and cash equivalents 54,302 25,198
Restricted cash 76,296 10,417
Other assets 255,681 192,061
Total assets 11,285,182 11,194,791
Liabilities:    
Unsecured notes payable 4,151,375 4,077,373
Secured notes payable 365,315 485,339
Accrued expenses and other liabilities 584,400 528,274
Total liabilities 5,101,090 5,090,986
Redeemable common stock 30,185 15,397
Shareholders’ equity:    
Preferred Stock, Value, Outstanding 9 9
Common stock [1] 1,151 1,141
Additional paid-in capital 7,230,956 7,176,793
Accumulated distributions in excess of net income (1,255,807) (1,294,182)
Accumulated other comprehensive loss (11,132) (12,128)
Total MAA shareholders’ equity 5,965,177 5,871,633
Noncontrolling interests - Operating Partnership units 165,116 206,927
Total Company’s shareholders’ equity 6,130,293 6,078,560
Noncontrolling interests - consolidated real estate entities 23,614 9,848
Total equity 6,153,907 6,088,408
Operating Partnership capital:    
Accumulated other comprehensive loss (11,132) (12,128)
Total operating partners' capital 6,130,293 6,078,560
Noncontrolling interests - consolidated real estate entities 23,614 9,848
Total equity 6,153,907 6,088,408
Total liabilities and equity 11,285,182 11,194,791
Limited Partner [Member]    
Assets    
Land 1,977,813 1,929,181
Buildings and improvements and other 12,454,439 12,065,244
Development and capital improvements in progress 247,970 283,477
Real Estate Investment Property, at Cost 14,680,222 14,277,902
Less: Accumulated depreciation (3,848,161) (3,415,105)
Real Estate Investment Property, Net 10,832,061 10,862,797
Undeveloped land 24,015 60,993
Investment in real estate joint venture 42,827 43,325
Real estate assets, net 10,898,903 10,967,115
Cash and cash equivalents 54,302 25,198
Restricted cash 76,296 10,417
Other assets 255,681 192,061
Total assets 11,285,182 11,194,791
Liabilities:    
Unsecured notes payable 4,151,375 4,077,373
Secured notes payable 365,315 485,339
Accrued expenses and other liabilities 584,400 528,274
Due to general partner 19 19
Total liabilities 5,101,109 5,091,005
Redeemable common stock 30,185 15,397
Shareholders’ equity:    
Accumulated other comprehensive loss (11,382) (12,496)
Total Company’s shareholders’ equity 6,130,274 6,078,541
Noncontrolling interests - consolidated real estate entities 23,614 9,848
Total equity 6,153,888 6,088,389
Operating Partnership capital:    
Preferred Units, Preferred Partners' Capital Accounts 66,840 66,840
General Partners' Capital Account [2] 5,909,700 5,817,270
Limited Partners' Capital Account [2] 165,116 206,927
Accumulated other comprehensive loss (11,382) (12,496)
Total operating partners' capital 6,130,274 6,078,541
Noncontrolling interests - consolidated real estate entities 23,614 9,848
Total equity 6,153,888 6,088,389
Total liabilities and equity $ 11,285,182 $ 11,194,791
[1] Number of shares issued and outstanding represents total shares of common stock regardless of classification on the Consolidated Balance Sheets. The number of shares classified as redeemable common stock on the Consolidated Balance Sheets as of December 31, 2021 and December 31, 2020 are 131,559 and 121,534, respectively.
[2] Number of units outstanding represents total OP Units regardless of classification on the Consolidated Balance Sheets. The number of units classified as redeemable common units on the Consolidated Balance Sheets as of December 31, 2021 and December 31, 2020 are 131,559 and 121,534, respectively.