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Shareholders' Equity of MAA - Schedule of Cumulative Redeemable Preferred Stock (Details) - $ / shares | 3 Months Ended | 12 Months Ended
--- | --- | ---
Mar. 31, 2024 | Dec. 31, 2023
Equity [Line Items] |  |  |  |
Preferred Stock, Shares Outstanding |  | 867,846 |  | 867,846
Preferred Stock, Liquidation Preference Per Share |  | $ 50 | [1] | $ 50
Preferred Stock, Redemption Date |  | Oct. 01, 2026 |  |
Preferred Stock, Redemption Price Per Share | [2] | $ 50 |  |
Preferred Stock, Dividend Rate, Percentage |  | 8.50% |  | 8.50%
Preferred Stock, Dividend Rate, Per-Dollar-Amount |  | $ 4.25 |  |
Redeemable Preferred Stock [Member] |  |  |  |
Equity [Line Items] |  |  |  |
Preferred Stock, Shares Outstanding |  | 867,846 |  |
[1] | The total liquidation preference for the outstanding preferred stock is $43.4 million.
[2] | The redemption price is the price at which the preferred stock is redeemable, at MAA’s option, for cash.

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- Definition The per share liquidation preference (or restrictions) of nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer) that has a preference in involuntary liquidation considerably in excess of the par or stated value of the shares. The liquidation preference is the difference between the preference in liquidation and the par or stated values of the share. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(d)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480678/235-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(28)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-3 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-4 Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (h) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-13 + Details
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