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Segment Information (Tables) | 12 Months Ended
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Dec. 31, 2019
Notes To Financial Statements [Abstract] |
Revenues and NOI for Reportable Segment | Revenues and NOI for each reportable segment for the years ended December 31, 2019, 2018 and 2017 were as follows (in thousands):
|  | 2019 |  |  | 2018 |  |  | 2017 |
Revenues: |  |  |  |  |  |  |  |  |  |  |  |
Same Store |  |  |  |  |  |  |  |  |  |  |  |
Rental revenues |  | $ | 1,505,775 |  |  | $ | 1,364,744 |  |  | $ | 1,313,836 |
Reimbursable property revenues (1) |  |  | — |  |  |  | 91,020 |  |  |  | 88,774 |
Other property revenues |  |  | 12,100 |  |  |  | 11,696 |  |  |  | 12,229 |
Total Same Store revenues |  |  | 1,517,875 |  |  |  | 1,467,460 |  |  |  | 1,414,839 |
Non-Same Store and Other |  |  |  |  |  |  |  |  |  |  |  |
Rental revenues |  |  | 121,829 |  |  |  | 99,281 |  |  |  | 105,865 |
Reimbursable property revenues (1) |  |  | — |  |  |  | 3,744 |  |  |  | 5,282 |
Other property revenues |  |  | 1,313 |  |  |  | 861 |  |  |  | 3,001 |
Total Non-Same Store and Other revenues |  |  | 123,142 |  |  |  | 103,886 |  |  |  | 114,148 |
Total rental and other property revenues |  | $ | 1,641,017 |  |  | $ | 1,571,346 |  |  | $ | 1,528,987 |
Net Operating Income: |  |  |  |  |  |  |  |  |  |  |  |
Same Store NOI |  | $ | 956,075 |  |  | $ | 921,240 |  |  | $ | 889,176 |
Non-Same Store and Other NOI |  |  | 72,097 |  |  |  | 55,518 |  |  |  | 63,080 |
Total NOI |  |  | 1,028,172 |  |  |  | 976,758 |  |  |  | 952,256 |
Depreciation and amortization |  |  | (496,843 | ) |  |  | (489,759 | ) |  |  | (493,708 | )
Property management expenses |  |  | (55,011 | ) |  |  | (47,633 | ) |  |  | (43,588 | )
General and administrative expenses |  |  | (46,121 | ) |  |  | (34,786 | ) |  |  | (40,194 | )
Merger and integration expenses |  |  | — |  |  |  | (9,112 | ) |  |  | (19,990 | )
Interest expense |  |  | (179,847 | ) |  |  | (173,594 | ) |  |  | (154,751 | )
Gain (loss) on sale of depreciable real estate assets |  |  | 80,988 |  |  |  | (39 | ) |  |  | 127,386 |
Gain on sale of non-depreciable real estate assets |  |  | 12,047 |  |  |  | 4,532 |  |  |  | 21 |
Other non-operating income |  |  | 25,275 |  |  |  | 5,434 |  |  |  | 14,353 |
Income tax expense |  |  | (3,696 | ) |  |  | (2,611 | ) |  |  | (2,619 | )
Income from real estate joint venture |  |  | 1,654 |  |  |  | 1,832 |  |  |  | 1,370 |
Net income attributable to noncontrolling interests |  |  | (12,807 | ) |  |  | (8,123 | ) |  |  | (12,157 | )
Dividends to MAA Series I preferred shareholders |  |  | (3,688 | ) |  |  | (3,688 | ) |  |  | (3,688 | )
Net income available for MAA common shareholders |  | $ | 350,123 |  |  | $ | 219,211 |  |  | $ | 324,691 |
(1) | As a result of the adoption of ASC Topic 842 referenced in Note 1, for the year ended December 31, 2019, Same Store and Non-Same Store reimbursable property revenues of $94.7 million and $4.2 million, respectively, are reflected as rental revenues.
Assets for Reportable Segment | Assets for each reportable segment as of December 31, 2019 and 2018 were as follows (in thousands):
|  | December 31, 2019 |  |  | December 31, 2018 |
Assets: |  |  |  |  |  |  |  |
Same Store |  | $ | 9,661,935 |  |  | $ | 9,921,270 |
Non-Same Store and Other |  |  | 1,362,974 |  |  |  | 1,233,351 |
Corporate assets |  |  | 205,541 |  |  |  | 169,160 |
Total assets |  | $ | 11,230,450 |  |  | $ | 11,323,781 |

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