Segment Information (Tables)

6 Months Ended

Jun. 30, 2020

Revenues and NOI for each reportable segment for the three and six months ended June 30, 2020 and 2019 were as follows (in thousands):

	Three months ended June 30,						Six months ended June 30,
	2020			2019			2020			2019
Revenues:
Same Store
Rental revenues	$	386,581		$	378,146		$	776,288		$	751,611
Other property revenues		3,313			3,616			5,968			6,682
Total Same Store revenues		389,894			381,762			782,256			758,293
Non-Same Store and Other
Rental revenues		23,039			25,433			48,739			49,908
Other property revenues		93			195			129			367
Total Non-Same Store and Other revenues		23,132			25,628			48,868			50,275
Total rental and other property revenues	$	413,026		$	407,390		$	831,124		$	808,568
Net Operating Income:
Same Store NOI	$	242,713		$	238,016		$	492,000		$	475,854
Non-Same Store and Other NOI		12,842			15,232			28,481			29,195
Total NOI		255,555			253,248			520,481			505,049
Depreciation and amortization		(127,190	)		(123,944	)		(253,578	)		(246,733	)
Property management expenses		(11,730	)		(13,454	)		(26,373	)		(27,296	)
General and administrative expenses		(10,557	)		(10,398	)		(23,821	)		(22,735	)
Interest expense		(42,118	)		(45,936	)		(85,600	)		(91,636	)
Gain (loss) on sale of depreciable real estate assets		2			—			(27	)		(13	)
Gain (loss) on sale of non-depreciable real estate assets		5			297			(371	)		9,260
Other non-operating income (expense)		14,643			4,575			(13,889	)		4,694
Income tax expense		(1,200	)		(682	)		(1,867	)		(1,323	)
Income from real estate joint venture		318			435			725			832
Net income attributable to noncontrolling interests		(2,666	)		(2,224	)		(3,970	)		(4,522	)
Dividends to MAA Series I preferred shareholders		(922	)		(922	)		(1,844	)		(1,844	)
Net income available for MAA common shareholders	$	74,140		$	60,995		$	109,866		$	123,733

Assets for each reportable segment as of June 30, 2020 and December 31, 2019 were as follows (in thousands):