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v3.22.2.2

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands | Sep. 30, 2022 | Dec. 31, 2021
--- | --- | ---
Assets |  |  |
Land |  | $ 1,991,472 | $ 1,977,813
Buildings and improvements and other |  | 12,787,864 | 12,454,439
Development and capital improvements in progress |  | 297,416 | 247,970
Real Estate Investment Property, at Cost |  | 15,076,752 | 14,680,222
Less: Accumulated depreciation |  | (4,180,694) | (3,848,161)
Real Estate Investment Property, Net |  | 10,896,058 | 10,832,061
Undeveloped land |  | 64,312 | 24,015
Investment in real estate joint venture |  | 42,442 | 42,827
Real estate assets, net |  | 11,002,812 | 10,898,903
Cash and cash equivalents |  | 38,996 | 54,302
Restricted cash |  | 14,558 | 76,296
Other assets |  | 215,347 | 255,681
Assets held for sale |  | 66,514 | 0
Total assets |  | 11,338,227 | 11,285,182
Liabilities: |  |  |
Unsecured notes payable |  | 4,154,820 | 4,151,375
Secured notes payable |  | 364,331 | 365,315
Accrued expenses and other liabilities |  | 647,176 | 584,400
Total liabilities |  | 5,166,327 | 5,101,090
Redeemable common stock |  | 20,145 | 30,185
Shareholders' equity: |  |  |
Preferred Stock, Value, Outstanding |  | 9 | 9
Common Stock, Value, Outstanding | [1] | 1,152 | 1,151
Additional Paid in Capital |  | 7,196,504 | 7,230,956
Accumulated distributions in excess of net income |  | (1,219,599) | (1,255,807)
Accumulated other comprehensive loss |  | (10,321) | (11,132)
Total MAA shareholders' equity |  | 5,967,745 | 5,965,177
Noncontrolling interests - Operating Partnership units |  | 164,230 | 165,116
Total Company’s shareholders’ equity |  | 6,131,975 | 6,130,293
Noncontrolling interests - consolidated real estate entities |  | 19,780 | 23,614
Operating Partnership capital: |  |  |
Accumulated other comprehensive loss |  | (10,321) | (11,132)
Noncontrolling interests - consolidated real estate entities |  | 19,780 | 23,614
Total equity |  | 6,151,755 | 6,153,907
Total liabilities and equity |  | 11,338,227 | 11,285,182
Limited Partnership [Member] |  |  |
Assets |  |  |
Land |  | 1,991,472 | 1,977,813
Buildings and improvements and other |  | 12,787,864 | 12,454,439
Development and capital improvements in progress |  | 297,416 | 247,970
Real Estate Investment Property, at Cost |  | 15,076,752 | 14,680,222
Less: Accumulated depreciation |  | (4,180,694) | (3,848,161)
Real Estate Investment Property, Net |  | 10,896,058 | 10,832,061
Undeveloped land |  | 64,312 | 24,015
Investment in real estate joint venture |  | 42,442 | 42,827
Real estate assets, net |  | 11,002,812 | 10,898,903
Cash and cash equivalents |  | 38,996 | 54,302
Restricted cash |  | 14,558 | 76,296
Other assets |  | 215,347 | 255,681
Assets held for sale |  | 66,514 | 0
Total assets |  | 11,338,227 | 11,285,182
Liabilities: |  |  |
Unsecured notes payable |  | 4,154,820 | 4,151,375
Secured notes payable |  | 364,331 | 365,315
Accrued expenses and other liabilities |  | 647,176 | 584,400
Due to general partner |  | 19 | 19
Total liabilities |  | 5,166,346 | 5,101,109
Redeemable common stock |  | 20,145 | 30,185
Shareholders' equity: |  |  |
Accumulated other comprehensive loss |  | (10,547) | (11,382)
Total Company’s shareholders’ equity |  | 6,131,956 | 6,130,274
Noncontrolling interests - consolidated real estate entities |  | 19,780 | 23,614
Operating Partnership capital: |  |  |
Preferred Units, Preferred Partners' Capital Accounts |  | 66,840 | 66,840
General Partners' Capital Account | [2] | 5,911,433 | 5,909,700
Limited Partners' Capital Account | [2] | 164,230 | 165,116
Accumulated other comprehensive loss |  | (10,547) | (11,382)
Noncontrolling interests - consolidated real estate entities |  | 19,780 | 23,614
Total equity |  | 6,151,736 | 6,153,888
Total liabilities and equity |  | $ 11,338,227 | $ 11,285,182
[1] | Number of shares issued and outstanding represents total shares of common stock regardless of classification on the Condensed Consolidated Balance Sheets. The number of shares classified as redeemable common stock on the Condensed Consolidated Balance Sheets as of September 30, 2022 and December 31, 2021 are 134,629 and 131,559, respectively.
[2] | Number of units outstanding represents total OP Units regardless of classification on the Condensed Consolidated Balance Sheets. The number of units classified as redeemable common units on the Condensed Consolidated Balance Sheets as of September 30, 2022 and December 31, 2021 are 134,629 and 131,559, respectively.

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