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Segment Information (Tables) | 12 Months Ended
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Dec. 31, 2016
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, 2016, 2015 and 2014 were as follows (dollars in thousands):
| 2016 |  | 2015 |  | 2014 (1)
Revenues: |  |  |  |  |  |  |  |
Large Market Same Store | $ | 642,679 |  |  | $ | 612,934 |  |  | $ | 553,038 |
Secondary Market Same Store | 337,883 |  |  | 327,700 |  |  | 310,281 |
Non-Same Store and Other | 144,786 |  |  | 102,145 |  |  | 128,859 |
Total property revenues | 1,125,348 |  |  | 1,042,779 |  |  | 992,178 |
Management fee income | — |  |  | — |  |  | 154 |
Total operating revenues | $ | 1,125,348 |  |  | $ | 1,042,779 |  |  | $ | 992,332 |
NOI: |  |  |  |  |  |  |  |
Large Market Same Store | $ | 399,287 |  |  | $ | 377,025 |  |  | $ | 334,255 |
Secondary Market Same Store | 212,053 |  |  | 204,382 |  |  | 190,348 |
Non-Same Store and Other | 90,652 |  |  | 60,727 |  |  | 74,211 |
Total NOI | 701,992 |  |  | 642,134 |  |  | 598,814 |
Discontinued operations NOI included above | — |  |  | — |  |  | 16 |
Management fee income | — |  |  | — |  |  | 154 |
Depreciation and amortization | (322,958 | ) |  | (294,520 | ) |  | (301,812 | )
Acquisition expenses | (2,928 | ) |  | (2,777 | ) |  | (2,388 | )
Property management expenses | (34,093 | ) |  | (30,990 | ) |  | (32,095 | )
General and administrative expenses | (29,040 | ) |  | (25,716 | ) |  | (20,909 | )
Merger related expenses | (39,033 | ) |  | — |  |  | (3,152 | )
Integration related costs | (1,790 | ) |  | — |  |  | (8,395 | )
Interest and other non-property income (expense) | 724 |  |  | (368 | ) |  | 770 |
Interest expense | (129,947 | ) |  | (122,344 | ) |  | (123,953 | )
Loss on debt extinguishment/modification | (83 | ) |  | (3,602 | ) |  | (2,586 | )
Net casualty gain (loss) after insurance and other settlement proceeds | 448 |  |  | 473 |  |  | (476 | )
Gain on sale of depreciable real estate assets | 80,397 |  |  | 189,958 |  |  | 42,649 |
Income tax expense | (1,699 | ) |  | (1,673 | ) |  | (2,050 | )
Gain on sale of non-depreciable real estate assets | 2,171 |  |  | 172 |  |  | 350 |
Gain (loss) from real estate joint ventures | 241 |  |  | (2 | ) |  | 6,009 |
Discontinued operations | — |  |  | — |  |  | 5,331 |
Net income attributable to noncontrolling interests | (12,180 | ) |  | (18,458 | ) |  | (8,297 | )
Preferred dividends | (307 | ) |  | — |  |  | — |
Net income available for MAA common shareholders | $ | 211,915 |  |  | $ | 332,287 |  |  | $ | 147,980 |
(1) The 2014 column shows the segment break down based on the 2015 same store portfolios. A comparison using the 2016 same store portfolio would not be comparative due to the nature of the segment classifications.
Assets for each reportable segment | Assets for each reportable segment as of December 31, 2016 and 2015 were as follows (dollars in thousands):
| December 31, 2016 |  | December 31, 2015
Assets |  |  |  |  |
Large Market Same Store | $ | 3,945,122 |  |  | $ | 4,062,595 |
Secondary Market Same Store | 1,707,495 |  |  | 1,756,313 |
Non-Same Store and Other | 5,722,231 |  |  | 956,336 |
Corporate assets | 229,643 |  |  | 72,537 |
Total assets | $ | 11,604,491 |  |  | $ | 6,847,781 |

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