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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenues:    
Rental and other property revenues $ 425,005 $ 418,098
Expenses:    
Operating expenses, excluding real estate taxes and insurance 95,961 91,368
Real estate taxes and insurance 66,507 61,804
Depreciation and amortization 131,503 126,388
Total property operating expenses 293,971 279,560
Property management expenses 12,939 14,643
General and administrative expenses 12,979 13,264
Interest expense 39,672 43,482
Loss on sale of depreciable real estate assets   29
Loss on sale of non-depreciable real estate assets   376
Other non-operating expense 15,913 28,532
Income before income tax expense 49,531 38,212
Income tax expense (999) (667)
Income from continuing operations before real estate joint venture activity 48,532 37,545
Income from real estate joint venture 332 407
Net income 48,864 37,952
Net income attributable to noncontrolling interests 1,671 1,304
Net income available for shareholders 47,193 36,648
Dividends to MAA Series I preferred shareholders 922 922
Net income available for MAA common shareholders $ 46,271 $ 35,726
Earnings per common share - basic:    
Net income available for MAA common shareholders $ 0.40 $ 0.31
Earnings per common share - diluted:    
Net income available for MAA common shareholders $ 0.40 $ 0.31
Net income available for MAA common shareholders $ 46,271 $ 35,726
Limited Partner [Member]    
Revenues:    
Rental and other property revenues 425,005 418,098
Expenses:    
Operating expenses, excluding real estate taxes and insurance 95,961 91,368
Real estate taxes and insurance 66,507 61,804
Depreciation and amortization 131,503 126,388
Total property operating expenses 293,971 279,560
Property management expenses 12,939 14,643
General and administrative expenses 12,979 13,264
Interest expense 39,672 43,482
Loss on sale of depreciable real estate assets   29
Loss on sale of non-depreciable real estate assets   376
Other non-operating expense 15,913 28,532
Income before income tax expense 49,531 38,212
Income tax expense (999) (667)
Income from continuing operations before real estate joint venture activity 48,532 37,545
Income from real estate joint venture 332 407
Net income 48,864 37,952
Dividends to preferred unitholders 922 922
Net income available for shareholders $ 47,942 $ 37,030
Earnings per common share - basic:    
Net income available for MAA common shareholders $ 0.40 $ 0.31
Net income available for MAALP common unitholders 0.40 0.31
Earnings per common share - diluted:    
Net income available for MAA common shareholders 0.40 0.31
Net income available for MAALP common unitholders $ 0.40 $ 0.31