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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues:        
Rental and other property revenues $ 549,902 $ 546,435 $ 1,099,197 $ 1,090,057
Expenses:        
Operating expenses, excluding real estate taxes and insurance 132,465 126,213 257,420 244,412
Real estate taxes and insurance 82,189 79,583 158,587 159,186
Depreciation and amortization 153,521 145,022 305,871 288,042
Total property operating expenses 368,175 350,818 721,878 691,640
Property management expenses 17,511 17,201 38,089 37,196
General and administrative expenses 12,813 12,671 28,432 29,716
Interest expense 45,111 41,265 90,272 81,626
Loss (gain) on sale of depreciable real estate assets 69 23 (71,842) 25
Other non-operating (income) expense (4,722) 19,244 (5,556) (4,282)
Income before income tax expense 110,945 105,213 297,924 254,136
Income tax expense (600) (1,020) (1,638) (2,815)
Income from continuing operations before real estate joint venture activity 110,345 104,193 296,286 251,321
Income from real estate joint venture 530 469 995 951
Net income 110,875 104,662 297,281 252,272
Net income attributable to noncontrolling interests 2,748 2,709 7,481 6,570
Net income 108,127 101,953 289,800 245,702
Dividends to MAA Series I preferred shareholders 922 922 1,844 1,844
Net income available for MAA common shareholders $ 107,205 $ 101,031 $ 287,956 $ 243,858
Earnings per common share - basic:        
Net income available for MAA common shareholders $ 0.92 $ 0.86 $ 2.46 $ 2.09
Earnings per common share - diluted:        
Net income available for MAA common shareholders $ 0.92 $ 0.86 $ 2.46 $ 2.09
Limited Partnership [Member]        
Revenues:        
Rental and other property revenues $ 549,902 $ 546,435 $ 1,099,197 $ 1,090,057
Expenses:        
Operating expenses, excluding real estate taxes and insurance 132,465 126,213 257,420 244,412
Real estate taxes and insurance 82,189 79,583 158,587 159,186
Depreciation and amortization 153,521 145,022 305,871 288,042
Total property operating expenses 368,175 350,818 721,878 691,640
Property management expenses 17,511 17,201 38,089 37,196
General and administrative expenses 12,813 12,671 28,432 29,716
Interest expense 45,111 41,265 90,272 81,626
Loss (gain) on sale of depreciable real estate assets 69 23 (71,842) 25
Other non-operating (income) expense (4,722) 19,244 (5,556) (4,282)
Income before income tax expense 110,945 105,213 297,924 254,136
Income tax expense (600) (1,020) (1,638) (2,815)
Income from continuing operations before real estate joint venture activity 110,345 104,193 296,286 251,321
Income from real estate joint venture 530 469 995 951
Net income 110,875 104,662 297,281 252,272
Net income 110,875 104,662 297,281 252,272
Dividends to MAA Series I preferred shareholders 922 922 1,844 1,844
Net income available for MAA common shareholders $ 109,953 $ 103,740 $ 295,437 $ 250,428
Earnings per common share - basic:        
Net income available for MAALP common unitholders $ 0.92 $ 0.86 $ 2.46 $ 2.09
Earnings per common share - diluted:        
Net income available for MAALP common unitholders $ 0.92 $ 0.86 $ 2.46 $ 2.09