Income Taxes (Tables)

12 Months Ended

Dec. 31, 2024

Income Taxes [Abstract]

Schedule of Deferred Tax Assets and Liabilities

As of December 31, 2024 and 2023, the components of the Company’s TRS deferred income tax assets and liabilities were as follows (dollars in thousands):

	December 31, 2024		December 31, 2023
Deferred tax liability:
Unrealized gain from limited partnerships	$	4,048	$	300
Unrealized gain from marketable securities & other		861		3,575
Total deferred tax liability	$	4,909	$	3,875
Net deferred tax liability	$	4,909	$	3,875

Taxability Of Cash Distributions

For income tax purposes, dividends paid to holders of MAA’s common stock generally consist of ordinary income, return of capital, capital gains, qualified dividends and un-recaptured Section 1250 gains, or a combination thereof. For the years ended December 31, 2024, 2023 and 2022, dividends per common share held for the entire year were estimated to be taxable as follows:

	2024					2023					2022
	Amount		Percentage			Amount		Percentage			Amount		Percentage
Ordinary income	$	5.80		98.61	%	$	5.60		100.00	%	$	4.44		95.03	%
Capital gains		0.08		1.39	%		—		—			0.23		4.78	%
Un-recaptured Section 1250 gains		—		—			—		—			0.01		0.19	%
Total	$	5.88		100	%	$	5.60		100	%	$	4.68		100	%