| Real estate assets: |
| Land |
389.84M |
| Buildings and improvements |
3.22B |
| Furniture, fixtures and equipment |
101.21M |
| Capital improvements in progress |
51.63M |
| Real Estate Investment Property, at Cost, Total |
3.77B |
| Less accumulated depreciation |
-1.06B |
| Real Estate Investment Property, Net, Total |
2.71B |
| Land held for future development |
1.21M |
| Commercial properties, net |
7.88M |
| Investments in real estate joint ventures |
749K |
| Real estate assets, net |
2.72B |
| Cash and cash equivalents |
8.22M |
| Restricted cash |
649K |
| Deferred financing costs, net |
12.99M |
| Other assets |
32.77M |
| Goodwill |
4.11M |
| Assets held for sale |
| Total assets |
2.78B |
| Liabilities: |
| Notes Payable |
| Accounts payable |
5.67M |
| Fair market value of interest rate swaps |
17.31M |
| Accrued expenses and other liabilities |
86.44M |
| Security deposits |
6.83M |
| Liabilities associated with assets held for sale |
| Total liabilities |
1.81B |
| Redeemable stock |
5.19M |
| Shareholders' equity: |
| Common stock, $0.01 par value per share, 50,000,000 shares authorized; 37,142,477 and 34,871,399 shares issued and outstanding at June 30, 2011 and December 31, 2010, respectively |
426K |
| Additional paid-in capital |
1.57B |
| Accumulated distributions in excess of net income |
-612.13M |
| Accumulated other comprehensive losses |
-21.87M |
| Total MAA shareholders' equity |
932.18M |
| Noncontrolling interest |
30.13M |
| Total equity |
962.31M |
| Total liabilities and equity |
2.78B |