XML 60 R49.htm IDEA: XBRL DOCUMENT v3.25.1
Segment Information - Revenues and NOI for Reportable Segment (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Segment Reporting Reconciling Item For Operating Profit Loss From Segment To Consolidated [Line Items]    
Total operating revenues $ 549,295 $ 543,622
Total property operating expenses, excluding depreciation and amortization 201,353 197,802
Net Operating Income 347,942 345,820
Depreciation and amortization (152,350) (143,020)
Property management expenses (20,578) (19,995)
General and administrative expenses (15,619) (17,045)
Interest expense (45,161) (40,361)
Gain (loss) on sale of depreciable real estate assets 71,911 (2)
Other non-operating income 834 23,526
Income tax expense (1,038) (1,795)
Income from real estate joint venture 465 482
Net income attributable to noncontrolling interests (4,733) (3,861)
Dividends to MAA Series I preferred shareholders (922) (922)
Net income available for MAA common shareholders 180,751 142,827
Same Store [Member]    
Segment Reporting Reconciling Item For Operating Profit Loss From Segment To Consolidated [Line Items]    
Revenue from Contract with Customer, Including Assessed Tax 515,407 515,850
Other operating income expense net 3,418 2,683
Total operating revenues 518,825 518,533
Total property operating expenses, excluding depreciation and amortization 186,030 183,889
Real estate taxes 63,335 67,867
Personnel 41,584 39,472
Utilities 33,911 32,184
Building repair and maintenance 22,442 21,664
Office operations 9,569 8,441
Insurance 8,437 8,163
Marketing 6,752 6,098
Net Operating Income 332,795 334,644
Non-Same Store and Other [Member]    
Segment Reporting Reconciling Item For Operating Profit Loss From Segment To Consolidated [Line Items]    
Revenue from Contract with Customer, Including Assessed Tax 30,224 23,966
Other operating income expense net 246 1,123
Total operating revenues 30,470 25,089
Total property operating expenses, excluding depreciation and amortization 15,323 13,913
Net Operating Income $ 15,147 $ 11,176