XML 49 R32.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Segment Information (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2017
Notes To Financial Statements [Abstract] |
Revenues and NOI for Reportable Segment | Revenues and NOI for each reportable segment for the three- and nine- month periods ended September 30, 2017 and 2016 were as follows (dollars in thousands):
| Three months ended September 30, |  | Nine months ended September 30,
| 2017 |  | 2016 |  | 2017 |  | 2016
Revenues: |  |  |  |  |  |  |
Large Market Same Store | $ | 169,105 |  |  | $ | 165,046 |  |  | $ | 503,076 |  |  | $ | 487,725 |
Secondary Market Same Store | 87,895 |  |  | 85,822 |  |  | 261,272 |  |  | 254,685 |
Non-Same Store and Other | 127,550 |  |  | 26,030 |  |  | 381,901 |  |  | 75,740 |
Total operating revenues | $ | 384,550 |  |  | $ | 276,898 |  |  | $ | 1,146,249 |  |  | $ | 818,150 |
NOI: |  |  |  |  |  |  |  |  |  |  |
Large Market Same Store | $ | 104,574 |  |  | $ | 101,595 |  |  | $ | 313,419 |  |  | $ | 302,230 |
Secondary Market Same Store | 53,836 |  |  | 53,124 |  |  | 162,617 |  |  | 159,263 |
Non-Same Store and Other | 76,961 |  |  | 15,533 |  |  | 233,792 |  |  | 46,175 |
Total NOI | 235,371 |  |  | 170,252 |  |  | 709,828 |  |  | 507,668 |
Depreciation and amortization | (117,928 | ) |  | (76,959 | ) |  | (374,285 | ) |  | (227,829 | )
Acquisition expenses | — |  |  | (1,033 | ) |  | — |  |  | (2,167 | )
Property management expenses | (10,281 | ) |  | (7,908 | ) |  | (32,007 | ) |  | (25,221 | )
General and administrative expenses | (8,361 | ) |  | (6,661 | ) |  | (30,735 | ) |  | (20,257 | )
Merger related expenses | (128 | ) |  | (3,901 | ) |  | (3,977 | ) |  | (3,901 | )
Integration costs | (4,002 | ) |  | — |  |  | (10,521 | ) |  | — |
Interest and other non-property income | 4,303 |  |  | 64 |  |  | 7,632 |  |  | 159 |
Interest expense | (39,940 | ) |  | (32,168 | ) |  | (115,005 | ) |  | (96,418 | )
Gain on debt extinguishment/modification | 828 |  |  | — |  |  | 3,168 |  |  | 3 |
Gain on sale of depreciable real estate assets | 58,844 |  |  | 47,749 |  |  | 59,045 |  |  | 48,572 |
Net casualty gain (loss) after insurance and other settlement proceeds | 564 |  |  | (75 | ) |  | 233 |  |  | 738 |
Income tax expense | (641 | ) |  | (454 | ) |  | (1,910 | ) |  | (1,200 | )
(Loss) gain on sale of non-depreciable real estate assets | (6 | ) |  | — |  |  | 42 |  |  | 2,170 |
Gain from real estate joint ventures | 335 |  |  | — |  |  | 1,021 |  |  | 27 |
Net income attributable to noncontrolling interests | (4,249 | ) |  | (4,627 | ) |  | (7,600 | ) |  | (9,508 | )
Preferred Dividends | (922 | ) |  | — |  |  | (2,766 | ) |  | — |
Net income available for MAA common shareholders | $ | 113,787 |  |  | $ | 84,279 |  |  | $ | 202,163 |  |  | $ | 172,836 |
Assets for Reportable Segment | Assets for each reportable segment as of September 30, 2017 and December 31, 2016 were as follows (dollars in thousands):
| September 30, 2017 |  | December 31, 2016
Assets: |  |  |
Large Market Same Store | $ | 4,038,127 |  |  | $ | 4,126,885 |
Secondary Market Same Store | 1,731,050 |  |  | 1,768,183 |
Non-Same Store and Other | 5,527,583 |  |  | 5,479,780 |
Corporate assets | 236,041 |  |  | 229,643 |
Total assets | $ | 11,532,801 |  |  | $ | 11,604,491 |

X
- Definition Notes to Financial Statements [Abstract] + References No definition available. + Details
Name: | maa_NotesToFinancialStatementsAbstract
Namespace Prefix: | maa_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599 + Details
Name: | us-gaap_ReconciliationOfAssetsFromSegmentToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 + Details
Name: | us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration