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v3.25.1

Segment Information - Revenues and NOI for Reportable Segment (Details) - USD ($) $ in Thousands | 3 Months Ended
--- | ---
Mar. 31, 2025 | Mar. 31, 2024
Segment Reporting Reconciling Item For Operating Profit Loss From Segment To Consolidated [Line Items] |  |
Total operating revenues | $ 549,295 | $ 543,622
Total property operating expenses, excluding depreciation and amortization | 201,353 | 197,802
Net Operating Income | 347,942 | 345,820
Depreciation and amortization | (152,350) | (143,020)
Property management expenses | (20,578) | (19,995)
General and administrative expenses | (15,619) | (17,045)
Interest expense | (45,161) | (40,361)
Gain (loss) on sale of depreciable real estate assets | 71,911 | (2)
Other non-operating income | 834 | 23,526
Income tax expense | (1,038) | (1,795)
Income from real estate joint venture | 465 | 482
Net income attributable to noncontrolling interests | (4,733) | (3,861)
Dividends to MAA Series I preferred shareholders | (922) | (922)
Net income available for MAA common shareholders | 180,751 | 142,827
Same Store [Member] |  |
Segment Reporting Reconciling Item For Operating Profit Loss From Segment To Consolidated [Line Items] |  |
Revenue from Contract with Customer, Including Assessed Tax | 515,407 | 515,850
Other operating income expense net | 3,418 | 2,683
Total operating revenues | 518,825 | 518,533
Total property operating expenses, excluding depreciation and amortization | 186,030 | 183,889
Real estate taxes | 63,335 | 67,867
Personnel | 41,584 | 39,472
Utilities | 33,911 | 32,184
Building repair and maintenance | 22,442 | 21,664
Office operations | 9,569 | 8,441
Insurance | 8,437 | 8,163
Marketing | 6,752 | 6,098
Net Operating Income | 332,795 | 334,644
Non-Same Store and Other [Member] |  |
Segment Reporting Reconciling Item For Operating Profit Loss From Segment To Consolidated [Line Items] |  |
Revenue from Contract with Customer, Including Assessed Tax | 30,224 | 23,966
Other operating income expense net | 246 | 1,123
Total operating revenues | 30,470 | 25,089
Total property operating expenses, excluding depreciation and amortization | 15,323 | 13,913
Net Operating Income | $ 15,147 | $ 11,176

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