Segment Information (Tables)

6 Months Ended

Jun. 30, 2019

Notes To Financial Statements [Abstract]

Revenues and NOI for each reportable segment for the three and six months ended June 30, 2019 and 2018 were as follows (in thousands):

	Three months ended June 30,						Six months ended June 30,
	2019			2018			2019			2018
Revenues:
Same Store
Rental revenues	$	376,977		$	342,775		$	749,418		$	683,870
Reimbursable property revenues ⁽¹⁾		—			22,605			—			45,607
Other property revenues		3,632			3,349			6,731			6,223
Total Same Store revenues		380,609			368,729			756,149			735,700
Non-Same Store and Other
Rental revenues		26,602			20,400			52,101			38,345
Reimbursable property revenues⁽¹⁾		—			591			—			1,276
Other property revenues		179			353			318			769
Total Non-Same Store and Other revenues		26,781			21,344			52,419			40,390
Total rental and other property revenues	$	407,390		$	390,073		$	808,568		$	776,090
Net Operating Income:
Same Store NOI	$	237,305		$	230,414		$	474,744		$	462,069
Non-Same Store and Other NOI		15,943			10,929			30,305			20,887
Total NOI		253,248			241,343			505,049			482,956
Depreciation and amortization		(123,944	)		(122,925	)		(246,733	)		(243,669	)
Property management expenses		(13,454	)		(11,396	)		(27,296	)		(24,276	)
General and administrative expenses		(10,598	)		(9,211	)		(23,751	)		(19,343	)
Merger and integration expenses		—			(2,826	)		—			(6,625	)
Interest expense		(45,936	)		(43,585	)		(91,636	)		(84,490	)
Gain (loss) on sale of depreciable real estate assets		—			2			(13	)		2
Gain on sale of non-depreciable real estate assets		297			2,761			9,260			2,911
Other non-operating income		4,775			8,032			5,710			5,691
Income tax expense		(682	)		(570	)		(1,323	)		(1,210	)
Income from real estate joint venture		435			356			832			854
Net income attributable to noncontrolling interests		(2,224	)		(2,174	)		(4,522	)		(3,975	)
Dividends to MAA Series I preferred shareholders		(922	)		(922	)		(1,844	)		(1,844	)
Net income available for MAA common shareholders	$	60,995		$	58,885		$	123,733		$	106,982

⁽¹⁾

^{As a result of the adoption of ASC Topic 842 referenced in Note 1, for the three months ended June 30, 2019, Same Store and Non-Same Store reimbursable property revenues of $23.1 million and $0.8 million, respectively, are reflected as rental revenues. For the six months ended June 30, 2019, Same Store and Non-Same Store reimbursable property revenues of $46.1 million and $1.6 million, respectively, are reflected as rental revenues.}

Assets for Reportable Segment

Assets for each reportable segment as of June 30, 2019 and December 31, 2018 were as follows (in thousands):

	June 30, 2019		December 31, 2018
Assets:
Same Store	$	9,849,840	$	9,991,538
Non-Same Store and Other		1,233,089		1,163,083
Corporate assets		191,901		169,160
Total assets	$	11,274,830	$	11,323,781