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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues:      
Rental and other property revenues $ 2,148,468 $ 2,019,866 $ 1,778,082
Expenses:      
Operating expenses, excluding real estate taxes and insurance 461,540 435,108 404,288
Real estate taxes and insurance 306,601 288,586 266,877
Depreciation and amortization 565,063 542,998 533,433
Total property operating expenses 1,333,204 1,266,692 1,204,598
Property management expenses 67,784 65,463 55,732
General and administrative expenses 58,578 58,833 52,884
Interest expense 149,234 154,747 156,881
Loss (gain) on sale of depreciable real estate assets 62 (214,762) (220,428)
Gain on sale of non-depreciable real estate assets (54) (809) (811)
Other non-operating (income) expense (31,185) 42,713 (33,902)
Income before income tax (expense) benefit 570,845 646,989 563,128
Income tax (expense) benefit (4,744) 6,208 (13,637)
Income from continuing operations before real estate joint venture activity 566,101 653,197 549,491
Income from real estate joint venture 1,730 1,579 1,211
Net income 567,831 654,776 550,702
Net income (loss) attributable to noncontrolling interests 15,025 17,340 16,911
Net income available for shareholders 552,806 637,436 533,791
Dividends to MAA Series I preferred shareholders 3,688 3,688 3,688
Net income available for MAA common shareholders $ 549,118 $ 633,748 $ 530,103
Earnings per common share - basic:      
Net income available for MAA common shareholders $ 4.71 $ 5.49 $ 4.62
Earnings per common share - diluted:      
Net income available for MAA common shareholders $ 4.71 $ 5.48 $ 4.61
Limited Partner [Member]      
Revenues:      
Rental and other property revenues $ 2,148,468 $ 2,019,866 $ 1,778,082
Expenses:      
Operating expenses, excluding real estate taxes and insurance 461,540 435,108 404,288
Real estate taxes and insurance 306,601 288,586 266,877
Depreciation and amortization 565,063 542,998 533,433
Total property operating expenses 1,333,204 1,266,692 1,204,598
Property management expenses 67,784 65,463 55,732
General and administrative expenses 58,578 58,833 52,884
Interest expense 149,234 154,747 156,881
Loss (gain) on sale of depreciable real estate assets 62 (214,762) (220,428)
Gain on sale of non-depreciable real estate assets (54) (809) (811)
Other non-operating (income) expense (31,185) 42,713 (33,902)
Income before income tax (expense) benefit 570,845 646,989 563,128
Income tax (expense) benefit (4,744) 6,208 (13,637)
Income from continuing operations before real estate joint venture activity 566,101 653,197 549,491
Income from real estate joint venture 1,730 1,579 1,211
Net income 567,831 654,776 550,702
Net income (loss) attributable to noncontrolling interests 62 (293) 0
Net income available for shareholders 567,769 655,069 550,702
Dividends to MAA Series I preferred shareholders 3,688 3,688 3,688
Net income available for MAA common shareholders $ 564,081 $ 651,381 $ 547,014
Earnings per common share - basic:      
Net income available for MAALP common unitholders $ 4.71 $ 5.49 $ 4.62
Earnings per common share - diluted:      
Net income available for MAALP common unitholders $ 4.71 $ 5.48 $ 4.61