XML 48 R33.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Income Taxes (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
Income Taxes [Abstract] |
Schedule of Deferred Tax Assets and Liabilities | As of December 31, 2023 and 2022, the components of the Company’s TRS deferred income tax assets and liabilities were as follows (dollars in thousands):
|  | December 31, 2023 |  |  | December 31, 2022 |
Deferred tax liability: |  |  |  |  |  |
Unrealized gain from limited partnerships |  | $ | 300 |  |  | $ | 1,122 |
Unrealized gain from marketable securities & other |  |  | 3,575 |  |  |  | 1,700 |
Total deferred tax liability |  | $ | 3,875 |  |  | $ | 2,822 |
Net deferred tax liability |  | $ | 3,875 |  |  | $ | 2,822 |
The net deferred tax liability balances are reflected in “Accrued expenses and other liabilities” in the accompanying Consolidated Balance Sheets.
Taxability Of Cash Distributions | For income tax purposes, dividends paid to holders of common stock generally consist of ordinary income, return of capital, capital gains, qualified dividends and un-recaptured Section 1250 gains, or a combination thereof. For the years ended December 31, 2023, 2022 and 2021, dividends per share held for the entire year were estimated to be taxable as follows:
|  | 2023 |  |  | 2022 |  |  | 2021 |
|  | Amount |  |  | Percentage |  |  | Amount |  |  | Percentage |  |  | Amount |  |  | Percentage |
Ordinary income |  | $ | 5.60 |  |  |  | 100.00 | % |  | $ | 4.44 |  |  |  | 95.03 | % |  | $ | 2.43 |  |  |  | 59.18 | %
Capital gains |  |  | — |  |  |  | — |  |  |  | 0.23 |  |  |  | 4.78 | % |  |  | 1.36 |  |  |  | 33.15 | %
Un-recaptured Section 1250 gains |  |  | — |  |  |  | — |  |  |  | 0.01 |  |  |  | 0.19 | % |  |  | 0.31 |  |  |  | 7.67 | %
Total |  | $ | 5.60 |  |  |  | 100 | % |  | $ | 4.68 |  |  |  | 100 | % |  | $ | 4.10 |  |  |  | 100 | %

X
- Definition Income Taxes [Abstract] + References No definition available. + Details
Name: | maa_IncomeTaxesAbstract
Namespace Prefix: | maa_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Taxability of cash distributions, table. + References No definition available. + Details
Name: | maa_TaxabilityOfCashDistributionsTableTextBlock
Namespace Prefix: | maa_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Paragraph 2 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482685/740-10-50-2 + Details
Name: | us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration