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Consolidated Balance Sheets - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Assets    
Land $ 1,905,757,000 $ 1,868,828,000
Buildings and improvements and other 11,841,978,000 11,670,216,000
Development and capital improvements in progress 116,424,000 59,506,000
Real Estate Investment Property, at Cost 13,864,159,000 13,598,550,000
Less: Accumulated depreciation (2,955,253,000) (2,549,287,000)
Real Estate Investment Property, Net 10,908,906,000 11,049,263,000
Undeveloped land 34,548,000 58,257,000
Investment in real estate joint venture 43,674,000 44,181,000
Real estate assets, net 10,987,128,000 11,151,701,000
Cash and cash equivalents 20,476,000 34,259,000
Restricted cash 50,065,000 17,414,000
Other assets 172,781,000 120,407,000
Total assets 11,230,450,000 11,323,781,000
Liabilities and equity    
Unsecured notes payable 3,828,201,000 4,053,302,000
Secured notes payable 626,397,000 475,026,000
Accrued expenses and other liabilities 472,262,000 413,850,000
Total liabilities 4,926,860,000 4,942,178,000
Due to general partner 19,000 19,000
Redeemable common stock 14,131,000 9,414,000
Shareholders' equity:    
Preferred Stock, Value, Outstanding 9,000 9,000
Common stock [1] 1,140,000 1,136,000
Additional paid-in capital 7,166,073,000 7,138,170,000
Accumulated distributions in excess of net income (1,085,479,000) (989,263,000)
Accumulated other comprehensive loss (13,178,000) (212,000)
Total MAA shareholders' equity 6,068,565,000 6,149,840,000
Noncontrolling interests - Operating Partnership units 214,647,000 220,043,000
Total Company's shareholders' equity 6,283,212,000 6,369,883,000
Noncontrolling interests - consolidated real estate entities 6,247,000 2,306,000
Total equity 6,289,459,000 6,372,189,000
Total liabilities and equity 11,230,450,000 11,323,781,000
Liabilities:    
Redeemable common stock 14,131,000 9,414,000
Operating Partnership capital:    
Accumulated other comprehensive loss (13,178,000) (212,000)
Noncontrolling interests - consolidated real estate entities 6,247,000 2,306,000
Total equity 6,289,440,000  
Limited Partner [Member]    
Assets    
Land 1,905,757,000 1,868,828,000
Buildings and improvements and other 11,841,978,000 11,670,216,000
Development and capital improvements in progress 116,424,000 59,506,000
Real Estate Investment Property, at Cost 13,864,159,000 13,598,550,000
Less: Accumulated depreciation (2,955,253,000) (2,549,287,000)
Real Estate Investment Property, Net 10,908,906,000 11,049,263,000
Investment in real estate joint venture 43,674,000 44,181,000
Real estate assets, net 10,987,128,000 11,151,701,000
Cash and cash equivalents 20,476,000 34,259,000
Restricted cash 50,065,000 17,414,000
Other assets 172,781,000 120,407,000
Total assets 11,230,450,000 11,323,781,000
Undeveloped land 34,548,000 58,257,000
Liabilities and equity    
Unsecured notes payable 3,828,201,000 4,053,302,000
Secured notes payable 626,397,000 475,026,000
Accrued expenses and other liabilities 472,262,000 413,850,000
Total liabilities 4,926,879,000 4,942,197,000
Due to general partner 19,000 19,000
Redeemable common stock 14,131,000 9,414,000
Shareholders' equity:    
Accumulated other comprehensive loss (13,584,000) (161,000)
Noncontrolling interests - consolidated real estate entities 6,247,000 2,306,000
Liabilities:    
Redeemable common stock 14,131,000 9,414,000
Operating Partnership capital:    
Preferred Units, Preferred Partners' Capital Accounts 66,840,000 66,840,000
General Partners' Capital Account [2] 6,015,290,000 6,083,142,000
Limited Partners' Capital Account [2] 214,647,000 220,043,000
Accumulated other comprehensive loss (13,584,000) (161,000)
Total operating partners’ capital 6,283,193,000 6,369,864,000
Noncontrolling interests - consolidated real estate entities 6,247,000 2,306,000
Total equity 6,289,440,000 6,372,170,000
Total liabilities and equity $ 11,230,450,000 $ 11,323,781,000
[1] Number of shares issued and outstanding represent total shares of common stock regardless of classification on the Consolidated Balance Sheets. The number of shares classified as redeemable common stock on the Consolidated Balance Sheets as of December 31, 2019 and December 31, 2018 are 107,162 and 98,371 shares, respectively.
[2] Number of units outstanding represents total OP Units regardless of classification on the Consolidated Balance Sheets. The number of units classified as redeemable common units on the Consolidated Balance Sheets as of December 31, 2019 and December 31, 2018 are 107,162 and 98,371 shares, respectively.