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Segment Information (Tables)

9 Months Ended

Sep. 30, 2019

Notes To Financial Statements [Abstract]

Revenues and NOI for Reportable Segment

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

		Three months ended September 30,								Nine months ended September 30,
		2019				2018				2019				2018
Revenues:
Same Store
Rental revenues		$	381,091			$	343,470			$	1,122,897			$	1,020,134
Reimbursable property revenues (1)			—				22,911				—				68,065
Other property revenues			3,222				3,167				9,862				9,298
Total Same Store revenues			384,313				369,548				1,132,759				1,097,497
Non-Same Store and Other
Rental revenues			31,182				26,225				90,895				71,775
Reimbursable property revenues (1)			—				1,003				—				2,733
Other property revenues			137				332				546				1,193
Total Non-Same Store and Other revenues			31,319				27,560				91,441				75,701
Total rental and other property revenues		$	415,632			$	397,108			$	1,224,200			$	1,173,198
Net Operating Income:
Same Store NOI		$	238,137			$	227,861			$	708,336			$	685,274
Non-Same Store and Other NOI			17,956				14,507				52,806				40,050
Total NOI			256,093				242,368				761,142				725,324
Depreciation and amortization			(124,684	)			(124,549	)			(371,417	)			(368,218	)
Property management expenses			(13,899	)			(11,303	)			(41,195	)			(35,579	)
General and administrative expenses			(11,485	)			(6,380	)			(35,236	)			(25,723	)
Merger and integration expenses			—				(1,878	)			—				(8,503	)
Interest expense			(44,513	)			(44,650	)			(136,149	)			(129,140	)
Gain (loss) on sale of depreciable real estate assets			1,000				(23	)			987				(21	)
Gain on sale of non-depreciable real estate assets			—				959				9,260				3,870
Other non-operating income			20,060				374				25,770				6,065
Income tax expense			(1,491	)			(616	)			(2,814	)			(1,826	)
Income from real estate joint venture			378				402				1,210				1,256
Net income attributable to noncontrolling interests			(2,814	)			(1,913	)			(7,336	)			(5,888	)
Dividends to MAA Series I preferred shareholders			(922	)			(922	)			(2,766	)			(2,766	)
Net income available for MAA common shareholders		$	77,723			$	51,869			$	201,456			$	158,851

Assets for Reportable Segment

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

		September 30, 2019				December 31, 2018
Assets:
Same Store		$	9,729,433			$	9,921,270
Non-Same Store and Other			1,345,926				1,233,351
Corporate assets			172,395				169,160
Total assets		$	11,247,754			$	11,323,781

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Notes to Financial Statements [Abstract]

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Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets.

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599

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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.

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Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8924-108599

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