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Selected Quarterly Financial Information | 12 Months Ended
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Dec. 31, 2019
Limited Partner [Member] |
Selected Quarterly Financial Information [Line Items] |
Selected Quarterly Financial Information |
16. | Selected Quarterly Financial Information of MAALP (Unaudited)
The following table reflects MAALP's selected quarterly financial information for the year ended December 31, 2019 (dollars in thousands, except per unit data):
|  | Year Ended December 31, 2019 |
|  | First |  |  | Second |  |  | Third |  |  | Fourth |
Rental and other property revenues |  | $ | 401,178 |  |  | $ | 407,390 |  |  | $ | 415,632 |  |  | $ | 416,817 |
Net income |  |  | 65,958 |  |  |  | 64,141 |  |  |  | 81,459 |  |  |  | 155,060 |
Net income available for MAALP common unitholders |  |  | 65,036 |  |  |  | 63,219 |  |  |  | 80,537 |  |  |  | 154,002 |
Per unit: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Earnings per common unit - basic |  | $ | 0.55 |  |  | $ | 0.53 |  |  | $ | 0.68 |  |  | $ | 1.30 |
Earnings per common unit - diluted |  |  | 0.55 |  |  |  | 0.53 |  |  |  | 0.68 |  |  |  | 1.30 |
The following table reflects MAALP's selected quarterly financial information for the year ended December 31, 2018 (dollars in thousands, except per unit data):
|  | Year Ended December 31, 2018 |
|  | First |  |  | Second |  |  | Third |  |  | Fourth |
Rental and other property revenues |  | $ | 386,017 |  |  | $ | 390,073 |  |  | $ | 397,108 |  |  | $ | 398,148 |
Net income |  |  | 50,820 |  |  |  | 61,981 |  |  |  | 54,704 |  |  |  | 63,517 |
Net income available for MAALP common unitholders |  |  | 49,898 |  |  |  | 61,059 |  |  |  | 53,782 |  |  |  | 62,595 |
Per unit: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Earnings per common unit - basic |  | $ | 0.42 |  |  | $ | 0.52 |  |  | $ | 0.46 |  |  | $ | 0.53 |
Earnings per common unit - diluted |  |  | 0.42 |  |  |  | 0.52 |  |  |  | 0.46 |  |  |  | 0.53 |
Parent Company |
Selected Quarterly Financial Information [Line Items] |
Selected Quarterly Financial Information |
15. | Selected Quarterly Financial Information of MAA (Unaudited)
The following table reflects MAA's selected quarterly financial information for the year ended December 31, 2019 (dollars in thousands, except per share data):
|  | Year Ended December 31, 2019 |
|  | First |  |  | Second |  |  | Third |  |  | Fourth |
Rental and other property revenues |  | $ | 401,178 |  |  | $ | 407,390 |  |  | $ | 415,632 |  |  | $ | 416,817 |
Net income |  |  | 65,958 |  |  |  | 64,141 |  |  |  | 81,459 |  |  |  | 155,060 |
Net income available for MAA common shareholders |  |  | 62,738 |  |  |  | 60,995 |  |  |  | 77,723 |  |  |  | 148,667 |
Per share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Earnings per common share - basic |  | $ | 0.55 |  |  | $ | 0.53 |  |  | $ | 0.68 |  |  | $ | 1.30 |
Earnings per common share - diluted |  |  | 0.55 |  |  |  | 0.53 |  |  |  | 0.68 |  |  |  | 1.30 |
The following table reflects MAA's selected quarterly financial information for the year ended December 31, 201 8 (dollars in thousands, except per share data):
|  | Year Ended December 31, 2018 |
|  | First |  |  | Second |  |  | Third |  |  | Fourth |
Rental and other property revenues |  | $ | 386,017 |  |  | $ | 390,073 |  |  | $ | 397,108 |  |  | $ | 398,148 |
Net income |  |  | 50,820 |  |  |  | 61,981 |  |  |  | 54,704 |  |  |  | 63,517 |
Net income available for MAA common shareholders |  |  | 48,097 |  |  |  | 58,885 |  |  |  | 51,869 |  |  |  | 60,360 |
Per share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Earnings per common share - basic |  | $ | 0.42 |  |  | $ | 0.52 |  |  | $ | 0.46 |  |  | $ | 0.53 |
Earnings per common share - diluted |  |  | 0.42 |  |  |  | 0.52 |  |  |  | 0.46 |  |  |  | 0.53 |

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