XML 63 R48.htm IDEA: XBRL DOCUMENT v3.22.2.2
Segment Information - Revenues and NOI for Reportable Segment (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Segment Information        
Total operating revenues $ 520,783 $ 452,575 $ 1,491,901 $ 1,314,507
Net Operating Income 329,360 279,737 949,381 810,440
Depreciation and amortization (136,879) (134,611) (404,761) (397,938)
Property management expenses (16,262) (13,831) (48,429) (40,522)
General and administrative expenses (12,188) (12,670) (44,091) (38,763)
Interest expense (38,637) (39,234) (116,663) (117,773)
Loss (gain) on sale of depreciable real estate assets (1) (313) 131,963 134,515
Gain on sale of non-depreciable real estate assets 431 170 809 202
Other non-operating (expense) income (1,718) 10,344 (19,248) 14,557
Income tax benefit (expense) 1,256 (2,803) 5,750 (5,847)
Gain (loss) from real estate joint ventures 341 258 1,129 915
Net loss attributable to noncontrolling interests (3,392) (2,568) (12,025) (11,636)
Preferred Stock Dividends, Income Statement Impact (922) (922) (2,766) (2,766)
Net income available for MAA common shareholders 121,389 83,557 441,049 345,384
Same Store [Member]        
Segment Information        
Revenue from Contract with Customer, Including Assessed Tax 492,215 429,267 1,412,358 1,243,540
Other operating income expense net 3,162 2,939 9,656 9,215
Total operating revenues 495,377 432,206 1,422,014 1,252,755
Net Operating Income 315,616 268,882 910,496 777,147
Non-Same Store and Other [Member]        
Segment Information        
Revenue from Contract with Customer, Including Assessed Tax 24,278 20,210 68,382 60,885
Other operating income expense net 1,128 159 1,505 867
Total operating revenues 25,406 20,369 69,887 61,752
Net Operating Income $ 13,744 $ 10,855 $ 38,885 $ 33,293