Segment Information (Tables)

9 Months Ended

Sep. 30, 2020

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

	Three months ended September 30,						Nine months ended September 30,
	2020			2019			2020			2019
Revenues:
Same Store
Rental revenues	$	394,556		$	386,356		$	1,170,844		$	1,137,967
Other property revenues		3,044			3,244			9,012			9,926
Total Same Store revenues		397,600			389,600			1,179,856			1,147,893
Non-Same Store and Other
Rental revenues		25,465			25,917			74,204			75,825
Other property revenues		134			115			263			482
Total Non-Same Store and Other revenues		25,599			26,032			74,467			76,307
Total rental and other property revenues	$	423,199		$	415,632		$	1,254,323		$	1,224,200
Net Operating Income:
Same Store NOI	$	238,702		$	241,362		$	730,702		$	717,216
Non-Same Store and Other NOI		14,683			14,731			43,164			43,926
Total NOI		253,385			256,093			773,866			761,142
Depreciation and amortization		(127,679	)		(124,684	)		(381,257	)		(371,417	)
Property management expenses		(12,691	)		(13,899	)		(39,064	)		(41,195	)
General and administrative expenses		(11,360	)		(10,225	)		(35,181	)		(32,960	)
Interest expense		(41,010	)		(44,513	)		(126,610	)		(136,149	)
Gain (loss) on sale of depreciable real estate assets		20			1,000			(7	)		987
Gain on sale of non-depreciable real estate assets		1,366			—			995			9,260
Other non-operating income (expense)		242			18,800			(13,647	)		23,494
Income tax expense		(665	)		(1,491	)		(2,532	)		(2,814	)
Income from real estate joint venture		428			378			1,153			1,210
Net income attributable to noncontrolling interests		(2,126	)		(2,814	)		(6,096	)		(7,336	)
Dividends to MAA Series I preferred shareholders		(922	)		(922	)		(2,766	)		(2,766	)
Net income available for MAA common shareholders	$	58,988		$	77,723		$	168,854		$	201,456

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