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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenues:        
Rental and other property revenues $ 554,373 $ 551,126 $ 1,653,570 $ 1,641,183
Expenses:        
Operating expenses, excluding real estate taxes and insurance 137,235 134,475 394,655 378,887
Real estate taxes and insurance 78,829 77,086 237,416 236,272
Depreciation and amortization 156,650 146,722 462,521 434,764
Total property operating expenses 372,714 358,283 1,094,592 1,049,923
Property management expenses 18,183 17,265 56,272 54,461
General and administrative expenses 12,525 12,728 40,957 42,444
Interest expense 46,277 42,726 136,549 124,352
(Gain) loss on sale of depreciable real estate assets 0 0 (71,842) 25
Other non-operating expense (income) 1,253 1,678 (4,303) (2,604)
Income before income tax expense 103,421 118,446 401,345 372,582
Income tax expense (1,766) (670) (3,404) (3,485)
Income from continuing operations before real estate joint venture activity 101,655 117,776 397,941 369,097
Income from real estate joint venture 389 454 1,384 1,405
Net income 102,044 118,230 399,325 370,502
Net income attributable to noncontrolling interests 2,506 3,035 9,987 9,605
Net income 99,538 115,195 389,338 360,897
Dividends to MAA Series I preferred shareholders 922 922 2,766 2,766
Net income available for MAA common shareholders $ 98,616 $ 114,273 $ 386,572 $ 358,131
Earnings per common share - basic:        
Net income available for MAA common shareholders $ 0.84 $ 0.98 $ 3.3 $ 3.07
Earnings per common share - diluted:        
Net income available for MAA common shareholders $ 0.84 $ 0.98 $ 3.3 $ 3.07
Limited Partnership [Member]        
Revenues:        
Rental and other property revenues $ 554,373 $ 551,126 $ 1,653,570 $ 1,641,183
Expenses:        
Operating expenses, excluding real estate taxes and insurance 137,235 134,475 394,655 378,887
Real estate taxes and insurance 78,829 77,086 237,416 236,272
Depreciation and amortization 156,650 146,722 462,521 434,764
Total property operating expenses 372,714 358,283 1,094,592 1,049,923
Property management expenses 18,183 17,265 56,272 54,461
General and administrative expenses 12,525 12,728 40,957 42,444
Interest expense 46,277 42,726 136,549 124,352
(Gain) loss on sale of depreciable real estate assets 0 0 (71,842) 25
Other non-operating expense (income) 1,253 1,678 (4,303) (2,604)
Income before income tax expense 103,421 118,446 401,345 372,582
Income tax expense (1,766) (670) (3,404) (3,485)
Income from continuing operations before real estate joint venture activity 101,655 117,776 397,941 369,097
Income from real estate joint venture 389 454 1,384 1,405
Net income 102,044 118,230 399,325 370,502
Net income 102,044 118,230 399,325 370,502
Dividends to MAA Series I preferred shareholders 922 922 2,766 2,766
Net income available for MAA common shareholders $ 101,122 $ 117,308 $ 396,559 $ 367,736
Earnings per common share - basic:        
Net income available for MAALP common unitholders $ 0.84 $ 0.98 $ 3.3 $ 3.07
Earnings per common share - diluted:        
Net income available for MAALP common unitholders $ 0.84 $ 0.98 $ 3.3 $ 3.07