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MAA Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Assets    
Land $ 1,883,960 $ 1,868,828
Buildings and improvements and other 11,775,716 11,670,216
Development and capital improvements in progress 97,526 59,506
Real Estate Investment Property, at Cost 13,757,202 13,598,550
Less: Accumulated depreciation (2,791,606) (2,549,287)
Real Estate Investment Property, Net 10,965,596 11,049,263
Undeveloped land 58,257 58,257
Investment in real estate joint venture 43,997 44,181
Real estate assets, net 11,067,850 11,151,701
Cash and cash equivalents 40,972 34,259
Restricted cash 16,712 17,414
Other assets 149,296 120,407
Total assets 11,274,830 11,323,781
Liabilities:    
Unsecured notes payable 3,879,526 4,053,302
Secured notes payable 660,463 475,026
Accrued expenses and other liabilities 450,212 413,850
Total liabilities 4,990,201 4,942,178
Redeemable common stock 12,103 9,414
Shareholders' equity:    
Preferred Stock, Value, Outstanding 9 9
Common stock 1,138 1,136
Additional paid-in capital 7,146,076 7,138,170
Accumulated distributions in excess of net income (1,086,665) (989,263)
Accumulated other comprehensive loss (9,092) (212)
Total MAA shareholders' equity 6,051,466 6,149,840
Noncontrolling interests - Operating Partnership units 215,404 220,043
Total Company's shareholders' equity 6,266,870 6,369,883
Noncontrolling interests - consolidated real estate entities 5,656 2,306
Total equity 6,272,526 6,372,189
Total liabilities and equity $ 11,274,830 $ 11,323,781
Redeemable stock, shares issued and outstanding 102,779 98,371