XML 33 R23.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Selected Quarterly Financial Information
12 Months Ended
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, 2018 (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