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Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2021 | Dec. 31, 2020
--- | --- | ---
Assets |  |  |
Land |  | $ 1,977,813 | $ 1,929,181
Buildings and improvements and other |  | 12,454,439 | 12,065,244
Development and capital improvements in progress |  | 247,970 | 283,477
Real Estate Investment Property, at Cost |  | 14,680,222 | 14,277,902
Less: Accumulated depreciation |  | (3,848,161) | (3,415,105)
Real Estate Investment Property, Net |  | 10,832,061 | 10,862,797
Undeveloped land |  | 24,015 | 60,993
Investment in real estate joint venture |  | 42,827 | 43,325
Real estate assets, net |  | 10,898,903 | 10,967,115
Cash and cash equivalents |  | 54,302 | 25,198
Restricted cash |  | 76,296 | 10,417
Other assets |  | 255,681 | 192,061
Total assets |  | 11,285,182 | 11,194,791
Liabilities: |  |  |
Unsecured notes payable |  | 4,151,375 | 4,077,373
Secured notes payable |  | 365,315 | 485,339
Accrued expenses and other liabilities |  | 584,400 | 528,274
Total liabilities |  | 5,101,090 | 5,090,986
Redeemable common stock |  | 30,185 | 15,397
Shareholders’ equity: |  |  |
Preferred Stock, Value, Outstanding |  | 9 | 9
Common stock | [1] | 1,151 | 1,141
Additional paid-in capital |  | 7,230,956 | 7,176,793
Accumulated distributions in excess of net income |  | (1,255,807) | (1,294,182)
Accumulated other comprehensive loss |  | (11,132) | (12,128)
Total MAA shareholders’ equity |  | 5,965,177 | 5,871,633
Noncontrolling interests - Operating Partnership units |  | 165,116 | 206,927
Total Company’s shareholders’ equity |  | 6,130,293 | 6,078,560
Noncontrolling interests - consolidated real estate entities |  | 23,614 | 9,848
Total equity |  | 6,153,907 | 6,088,408
Operating Partnership capital: |  |  |
Accumulated other comprehensive loss |  | (11,132) | (12,128)
Total operating partners' capital |  | 6,130,293 | 6,078,560
Noncontrolling interests - consolidated real estate entities |  | 23,614 | 9,848
Total equity |  | 6,153,907 | 6,088,408
Total liabilities and equity |  | 11,285,182 | 11,194,791
Limited Partner [Member] |  |  |
Assets |  |  |
Land |  | 1,977,813 | 1,929,181
Buildings and improvements and other |  | 12,454,439 | 12,065,244
Development and capital improvements in progress |  | 247,970 | 283,477
Real Estate Investment Property, at Cost |  | 14,680,222 | 14,277,902
Less: Accumulated depreciation |  | (3,848,161) | (3,415,105)
Real Estate Investment Property, Net |  | 10,832,061 | 10,862,797
Undeveloped land |  | 24,015 | 60,993
Investment in real estate joint venture |  | 42,827 | 43,325
Real estate assets, net |  | 10,898,903 | 10,967,115
Cash and cash equivalents |  | 54,302 | 25,198
Restricted cash |  | 76,296 | 10,417
Other assets |  | 255,681 | 192,061
Total assets |  | 11,285,182 | 11,194,791
Liabilities: |  |  |
Unsecured notes payable |  | 4,151,375 | 4,077,373
Secured notes payable |  | 365,315 | 485,339
Accrued expenses and other liabilities |  | 584,400 | 528,274
Due to general partner |  | 19 | 19
Total liabilities |  | 5,101,109 | 5,091,005
Redeemable common stock |  | 30,185 | 15,397
Shareholders’ equity: |  |  |
Accumulated other comprehensive loss |  | (11,382) | (12,496)
Total Company’s shareholders’ equity |  | 6,130,274 | 6,078,541
Noncontrolling interests - consolidated real estate entities |  | 23,614 | 9,848
Total equity |  | 6,153,888 | 6,088,389
Operating Partnership capital: |  |  |
Preferred Units, Preferred Partners' Capital Accounts |  | 66,840 | 66,840
General Partners' Capital Account | [2] | 5,909,700 | 5,817,270
Limited Partners' Capital Account | [2] | 165,116 | 206,927
Accumulated other comprehensive loss |  | (11,382) | (12,496)
Total operating partners' capital |  | 6,130,274 | 6,078,541
Noncontrolling interests - consolidated real estate entities |  | 23,614 | 9,848
Total equity |  | 6,153,888 | 6,088,389
Total liabilities and equity |  | $ 11,285,182 | $ 11,194,791
[1] | Number of shares issued and outstanding represents total shares of common stock regardless of classification on the Consolidated Balance Sheets. The number of shares classified as redeemable common stock on the Consolidated Balance Sheets as of December 31, 2021 and December 31, 2020 are 131,559 and 121,534, respectively.
[2] | Number of units outstanding represents total OP Units regardless of classification on the Consolidated Balance Sheets. The number of units classified as redeemable common units on the Consolidated Balance Sheets as of December 31, 2021 and December 31, 2020 are 131,559 and 121,534, respectively.

X
- Definition Amount before accumulated depreciation of building structures held for productive use including addition, improvement, or renovation to the structure, including, but not limited to, interior masonry, interior flooring, electrical, and plumbing, equipment commonly used in offices and stores that have no permanent connection to the structure of a building or utilities. Examples include, but are not limited to, desks, chairs, tables, and bookcases. Also includes amount of investment in certain other real estate investments not specifically identified elsewhere in the existing taxonomy. + References No definition available. + Details
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