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Segment Information (Tables) | 12 Months Ended
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Dec. 31, 2015
Notes To Financial Statements [Abstract] |
Revenues and NOI for each reportable segment | Revenues and NOI for each reportable segment for the years ended December 31, 2015, 2014 and 2013 were as follows (dollars in thousands):
| 2015 |  | 2014 |  | 2013 (1)
Revenues |  |  |  |  |  |  |  |
Large Market Same Store | $ | 587,896 |  |  | $ | 553,038 |  |  | $ | 241,194 |
Secondary Market Same Store | 324,771 |  |  | 310,281 |  |  | 242,464 |
Non-Same Store and Other | 130,112 |  |  | 128,859 |  |  | 151,185 |
Total property revenues | 1,042,779 |  |  | 992,178 |  |  | 634,843 |
Management fee income | — |  |  | 154 |  |  | 647 |
Total operating revenues | $ | 1,042,779 |  |  | $ | 992,332 |  |  | $ | 635,490 |
NOI |  |  |  |  |  |  |  |
Large Market Same Store | $ | 361,285 |  |  | $ | 334,255 |  |  | $ | 142,988 |
Secondary Market Same Store | 200,989 |  |  | 190,348 |  |  | 147,607 |
Non-Same Store and Other | 79,860 |  |  | 74,211 |  |  | 98,417 |
Total NOI | 642,134 |  |  | 598,814 |  |  | 389,012 |
Discontinued operations NOI included above | — |  |  | 16 |  |  | (7,802 | )
Management fee income | — |  |  | 154 |  |  | 647 |
Depreciation and amortization | (294,520 | ) |  | (301,812 | ) |  | (186,979 | )
Acquisition expense | (2,777 | ) |  | (2,388 | ) |  | (1,393 | )
Property management expense | (30,990 | ) |  | (32,095 | ) |  | (23,083 | )
General and administrative expense | (25,716 | ) |  | (20,909 | ) |  | (15,569 | )
Merger related expenses | — |  |  | (3,152 | ) |  | (32,403 | )
Integration costs | — |  |  | (8,395 | ) |  | (5,102 | )
Interest and other non-property (expense) income | (368 | ) |  | 770 |  |  | 466 |
Interest expense | (122,344 | ) |  | (123,953 | ) |  | (78,978 | )
Loss on debt extinguishment/modification | (3,602 | ) |  | (2,586 | ) |  | (426 | )
Net casualty (loss) gain after insurance and other settlement proceeds | 473 |  |  | (476 | ) |  | (143 | )
Gain on sale of depreciable real estate assets excluded from discontinued operations | 189,958 |  |  | 42,649 |  |  | — |
Income tax expense | (1,673 | ) |  | (2,050 | ) |  | (893 | )
Gain on sale of non-depreciable real estate assets | 172 |  |  | 350 |  |  | — |
(Loss) gain from real estate joint ventures | (2 | ) |  | 6,009 |  |  | 338 |
Discontinued operations | — |  |  | 5,331 |  |  | 81,587 |
Net income attributable to noncontrolling interests | (18,458 | ) |  | (8,297 | ) |  | (3,998 | )
Net income available to MAA common shareholders | $ | 332,287 |  |  | $ | 147,980 |  |  | $ | 115,281 |
(1) The 2013 column shows the segment break down based on the 2014 same store portfolios. A comparison using the 2015 same store portfolio would not be comparative due to the nature of the classifications.
Assets for each reportable segment | Assets for each reportable segment as of December 31, 2015 and 2014 were as follows (dollars in thousands):
| December 31, 2015 |  | December 31, 2014
Assets |  |  |  |  |
Large Market Same Store | $ | 3,768,455 |  |  | $ | 3,867,457 |
Secondary Market Same Store | 1,661,956 |  |  | 1,708,389 |
Non-Same Store and Other | 1,344,833 |  |  | 1,189,682 |
Corporate assets | 72,537 |  |  | 56,250 |
Total assets | $ | 6,847,781 |  |  | $ | 6,821,778 |

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