2012 Q4 Form 8-K Financial Statement

#000091259513000006 Filed on March 22, 2013

View on sec.gov

Income Statement

Concept 2012 Q4 2012 2011 Q4
Revenue $118.3M $446.5M $101.5M
YoY Change 16.54% 15.8% -1.86%
Cost Of Revenue $39.50M $161.1M $52.00M
YoY Change -24.04% 11.41% 5.26%
Gross Profit $83.40M $314.8M $61.10M
YoY Change 36.5% 18.7% 13.15%
Gross Profit Margin 70.52% 70.5% 60.21%
Selling, General & Admin $16.70M $68.10M $4.100M
YoY Change 307.32% 1.49% 17.14%
% of Gross Profit 20.02% 21.63% 6.71%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $34.50M $120.3M $31.80M
YoY Change 8.49% 10.16% 12.37%
% of Gross Profit 41.37% 38.22% 52.05%
Operating Expenses $48.20M $189.3M $33.90M
YoY Change 42.18% 9.42% 10.06%
Operating Profit $32.84M $115.9M $24.43M
YoY Change 34.42% 37.33% 5.31%
Interest Expense $13.86M $52.25M $9.240M
YoY Change 50.02% 2.04% -161.6%
% of Operating Profit 42.21% 45.09% 37.82%
Other Income/Expense, Net $0.00 $318.0K $100.0K
YoY Change -100.0% -53.85%
Pretax Income $18.10M $60.23M $11.20M
YoY Change 61.61% 93.53% 60.0%
Income Tax $800.0K $800.0K $0.00
% Of Pretax Income 4.42% 1.33% 0.0%
Net Earnings $22.31M $98.74M $18.76M
YoY Change 18.92% 112.26% 171.86%
Net Earnings / Revenue 18.86% 22.11% 18.48%
Basic Earnings Per Share $0.53 $2.56 $0.49
Diluted Earnings Per Share $0.53 $2.56 $0.49
COMMON SHARES
Basic Shares Outstanding 42.27M shares 41.04M shares
Diluted Shares Outstanding 42.94M shares

Balance Sheet

Concept 2012 Q4 2012 2011 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $9.000M $9.000M $57.00M
YoY Change -84.21% -84.21% 23.91%
Cash & Equivalents $9.075M $9.000M $57.32M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $9.000M $9.000M $57.00M
YoY Change -84.21% -84.21% 23.91%
LONG-TERM ASSETS
Property, Plant & Equipment $2.689B $2.689B $2.407B
YoY Change 11.72% 11.72% 16.45%
Goodwill $4.106M $4.106M
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments $5.000M $5.000M $17.00M
YoY Change -70.59% -70.59% -5.56%
Other Assets $15.00M $15.00M $16.00M
YoY Change -6.25% -6.25% 6.67%
Total Long-Term Assets $2.742B $2.742B $2.265B
YoY Change 21.09% 10.88% 6.32%
TOTAL ASSETS
Total Short-Term Assets $9.000M $9.000M $57.00M
Total Long-Term Assets $2.742B $2.742B $2.265B
Total Assets $2.751B $2.751B $2.322B
YoY Change 18.5% 8.74% 6.69%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $5.000M $5.000M $2.000M
YoY Change 150.0% 150.0% 0.0%
Accrued Expenses $95.00M $95.00M $92.00M
YoY Change 3.26% 3.26% 24.32%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $107.0M $107.0M $100.0M
YoY Change 7.0% 7.0% 20.48%
LONG-TERM LIABILITIES
Long-Term Debt $1.674B $1.674B $1.650B
YoY Change 1.45% 1.45% 10.0%
Other Long-Term Liabilities $21.00M $21.00M $33.00M
YoY Change -36.36% -36.36% -32.65%
Total Long-Term Liabilities $1.695B $1.695B $1.683B
YoY Change 0.71% 0.71% 8.65%
TOTAL LIABILITIES
Total Short-Term Liabilities $107.0M $107.0M $100.0M
Total Long-Term Liabilities $1.695B $1.695B $1.683B
Total Liabilities $1.801B $1.832B $1.775B
YoY Change 1.46% 1.33% 7.34%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $914.1M $919.0M $718.3M
YoY Change
Total Liabilities & Shareholders Equity $2.751B $2.751B $2.322B
YoY Change 18.5% 8.74% 6.69%

Cashflow Statement

Concept 2012 Q4 2012 2011 Q4
OPERATING ACTIVITIES
Net Income $22.31M $98.74M $18.76M
YoY Change 18.92% 112.26% 171.86%
Depreciation, Depletion And Amortization $34.50M $120.3M $31.80M
YoY Change 8.49% 10.16% 12.37%
Cash From Operating Activities $53.00M $191.8M $43.10M
YoY Change 22.97% 26.1% 59.04%
INVESTING ACTIVITIES
Capital Expenditures -$31.50M -$451.3M -$133.8M
YoY Change -76.46% -3.09% 61.99%
Acquisitions
YoY Change
Other Investing Activities $13.20M $122.0M $12.90M
YoY Change 2.33% 416.95% -22.29%
Cash From Investing Activities -$18.20M -$303.3M -$121.0M
YoY Change -84.96% -22.81% 83.33%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net -$194.3M
YoY Change -16.66%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -39.10M $63.21M 110.9M
YoY Change -135.26% -74.93% -824.84%
NET CHANGE
Cash From Operating Activities 53.00M $191.8M 43.10M
Cash From Investing Activities -18.20M -$303.3M -121.0M
Cash From Financing Activities -39.10M $63.21M 110.9M
Net Change In Cash -4.300M -$48.27M 33.00M
YoY Change -113.03% -524.98% -160.89%
FREE CASH FLOW
Cash From Operating Activities $53.00M $191.8M $43.10M
Capital Expenditures -$31.50M -$451.3M -$133.8M
Free Cash Flow $84.50M $643.1M $176.9M
YoY Change -52.23% 4.1% 61.26%

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CY2011Q3 us-gaap Distribution Made To Member Or Limited Partner Distributions Paid Per Unit
DistributionMadeToMemberOrLimitedPartnerDistributionsPaidPerUnit
0.6275
CY2012Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
24000000 USD
CY2011Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
20100000 USD
CY2011 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
1.25
CY2012 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
0 USD
CY2010 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
752000 USD
CY2012 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
11479000 USD
CY2011 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
14488000 USD
CY2010 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
11189000 USD
CY2012Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.50
CY2012Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.57
CY2011Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.62
CY2011Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.18
CY2011Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.17
CY2011Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.28
CY2010 us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
-358000 USD
CY2012 us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
4146000 USD
CY2012Q4 us-gaap General Partners Capital Account
GeneralPartnersCapitalAccount
706296000 USD
CY2012 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
2.44
CY2010 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.22
CY2012Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.67
CY2012Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.70
CY2011 us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
14000 USD
CY2011Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
80590000 USD
CY2012Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
84997000 USD
CY2011 us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
1084000 USD
CY2012 us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
45000 USD
CY2010 us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
0 USD
CY2010 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2012 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-654000 USD
CY2011 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-754000 USD
CY2011 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
0 USD
CY2011Q4 us-gaap General Partners Capital Account
GeneralPartnersCapitalAccount
538623000 USD
CY2012Q4 us-gaap General Partners Capital Account Units Outstanding
GeneralPartnersCapitalAccountUnitsOutstanding
39721461 shares
CY2011Q4 us-gaap General Partners Capital Account Units Outstanding
GeneralPartnersCapitalAccountUnitsOutstanding
36603000 shares
CY2011Q4 us-gaap Goodwill
Goodwill
4106000 USD
CY2012Q4 us-gaap Goodwill
Goodwill
4106000 USD
CY2012Q4 us-gaap Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
20000000 USD
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
60226000 USD
CY2011 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
31119000 USD
CY2010 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
18552000 USD
CY2012 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
1.01
CY2010 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
0.06
CY2012 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-223000 USD
CY2010 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-1149000 USD
CY2010 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
17403000 USD
CY2011 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
30526000 USD
CY2011 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-593000 USD
CY2012Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-31000 USD
CY2012 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
42260000 USD
CY2010 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
2049000 USD
CY2011 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
0.44
CY2012 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
60003000 USD
CY2011 us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
0.81
CY2012 us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
1.43
CY2010 us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
0.16
CY2011 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
16412000 USD
CY2012Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-70000 USD
CY2012Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-69000 USD
CY2012Q4 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-53000 USD
CY2011Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-178000 USD
CY2011Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-107000 USD
CY2011Q4 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-63000 USD
CY2011Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-245000 USD
CY2012 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
-223000 USD
CY2011 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
-593000 USD
CY2010 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
-1150000 USD
CY2011 us-gaap Income Loss Including Portion Attributable To Noncontrolling Interest
IncomeLossIncludingPortionAttributableToNoncontrollingInterest
2435000 USD
CY2010 us-gaap Income Loss Including Portion Attributable To Noncontrolling Interest
IncomeLossIncludingPortionAttributableToNoncontrollingInterest
512000 USD
CY2012 us-gaap Income Loss Including Portion Attributable To Noncontrolling Interest
IncomeLossIncludingPortionAttributableToNoncontrollingInterest
4487000 USD
CY2012 us-gaap Income Tax Examination Year S Under Examination
IncomeTaxExaminationYearSUnderExamination
MAALP’s tax years that remain subject to examination for U.S. federal purposes range from 2009 through 2011. Our tax years that remain open for state examination vary but range from 2008 through 2011.
CY2010 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-54000 USD
CY2011 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
199000 USD
CY2012 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
2216000 USD
CY2011 us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
5276000 USD
CY2010 us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
886000 USD
CY2012 us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
4586000 USD
CY2012 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
520000 USD
CY2011 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
1742000 USD
CY2010 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
4279000 USD
CY2012 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-553000 USD
CY2011 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-152000 USD
CY2010 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
954000 USD
CY2011 us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
-271000 USD
CY2012 us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
372000 USD
CY2010 us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
-1781000 USD
CY2010 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
66000 USD
CY2011 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
1156000 USD
CY2012 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
1905000 USD
CY2011 us-gaap Interest Expense
InterestExpense
51202000 USD
CY2012 us-gaap Interest Expense
InterestExpense
52249000 USD
CY2010 us-gaap Interest Expense
InterestExpense
53803000 USD
CY2012Q3 us-gaap Interest Expense
InterestExpense
12921000 USD
CY2012Q1 us-gaap Interest Expense
InterestExpense
12792000 USD
CY2012Q2 us-gaap Interest Expense
InterestExpense
12674000 USD
CY2012Q4 us-gaap Interest Expense
InterestExpense
13862000 USD
CY2011Q1 us-gaap Interest Expense
InterestExpense
13469000 USD
CY2011Q4 us-gaap Interest Expense
InterestExpense
9240000 USD
CY2011Q2 us-gaap Interest Expense
InterestExpense
13626000 USD
CY2011Q3 us-gaap Interest Expense
InterestExpense
14867000 USD
CY2012 us-gaap Interest Paid Net
InterestPaidNet
54096000 USD
CY2011 us-gaap Interest Paid Net
InterestPaidNet
51196000 USD
CY2010 us-gaap Interest Paid Net
InterestPaidNet
55837000 USD
CY2011Q4 us-gaap Interest Rate Cash Flow Hedge Asset At Fair Value
InterestRateCashFlowHedgeAssetAtFairValue
975000 USD
CY2012Q4 us-gaap Interest Rate Cash Flow Hedge Asset At Fair Value
InterestRateCashFlowHedgeAssetAtFairValue
245000 USD
CY2011Q4 us-gaap Interest Rate Cash Flow Hedge Liability At Fair Value
InterestRateCashFlowHedgeLiabilityAtFairValue
33095000 USD
CY2012Q4 us-gaap Interest Rate Cash Flow Hedge Liability At Fair Value
InterestRateCashFlowHedgeLiabilityAtFairValue
21423000 USD
CY2012Q4 us-gaap Interest Rate Derivative Instruments Not Designated As Hedging Instruments Asset At Fair Value
InterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue
43000 USD
CY2011Q4 us-gaap Interest Rate Derivative Instruments Not Designated As Hedging Instruments Asset At Fair Value
InterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue
43000 USD
CY2011Q4 us-gaap Interest Rate Derivative Instruments Not Designated As Hedging Instruments Liability At Fair Value
InterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue
0 USD
CY2012Q4 us-gaap Interest Rate Derivative Instruments Not Designated As Hedging Instruments Liability At Fair Value
InterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue
0 USD
CY2012Q4 us-gaap Inventory Real Estate Other
InventoryRealEstateOther
8058000 USD
CY2011Q4 us-gaap Inventory Real Estate Other
InventoryRealEstateOther
8116000 USD
CY2011Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
17006000 USD
CY2012Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
4837000 USD
CY2010Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
17505000 USD
CY2012 us-gaap Labor And Related Expense
LaborAndRelatedExpense
50999000 USD
CY2011 us-gaap Labor And Related Expense
LaborAndRelatedExpense
46164000 USD
CY2010 us-gaap Labor And Related Expense
LaborAndRelatedExpense
42389000 USD
CY2011Q4 us-gaap Land
Land
307596000 USD
CY2012Q4 us-gaap Land
Land
359943000 USD
CY2012Q4 us-gaap Land Available For Development
LandAvailableForDevelopment
1205000 USD
CY2011Q4 us-gaap Land Available For Development
LandAvailableForDevelopment
1306000 USD
CY2012Q4 us-gaap Liabilities
Liabilities
1799939000 USD
CY2011Q4 us-gaap Liabilities
Liabilities
1775363000 USD
CY2012Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2529871000 USD
CY2011Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2321535000 USD
CY2012 us-gaap Limited Liability Company Llc Or Limited Partnership Lp Managing Member Or General Partner Ownership Interest
LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest
0.958
CY2011 us-gaap Limited Liability Company Llc Or Limited Partnership Lp Managing Member Or General Partner Ownership Interest
LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest
0.95
CY2011Q4 us-gaap Limited Partners Capital Account
LimitedPartnersCapitalAccount
28729000 USD
CY2012Q4 us-gaap Limited Partners Capital Account
LimitedPartnersCapitalAccount
30993000 USD
CY2012Q4 us-gaap Limited Partners Capital Account Units Outstanding
LimitedPartnersCapitalAccountUnitsOutstanding
1731672 shares
CY2011Q4 us-gaap Limited Partners Capital Account Units Outstanding
LimitedPartnersCapitalAccountUnitsOutstanding
1937669 shares
CY2012Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
825728000 USD
CY2012Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
6495000 USD
CY2012Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
161704000 USD
CY2012Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
87466000 USD
CY2012Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
198193000 USD
CY2012Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
374060000 USD
CY2011 us-gaap Management Fees Base Revenue
ManagementFeesBaseRevenue
1017000 USD
CY2012 us-gaap Management Fees Base Revenue
ManagementFeesBaseRevenue
899000 USD
CY2010 us-gaap Management Fees Base Revenue
ManagementFeesBaseRevenue
680000 USD
CY2011Q4 us-gaap Minority Interest
MinorityInterest
13362000 USD
CY2012Q4 us-gaap Minority Interest
MinorityInterest
14811000 USD
CY2010 us-gaap Minority Interest Period Increase Decrease
MinorityInterestPeriodIncreaseDecrease
17824000 USD
CY2012 us-gaap Minority Interest Period Increase Decrease
MinorityInterestPeriodIncreaseDecrease
6109000 USD
CY2011 us-gaap Minority Interest Period Increase Decrease
MinorityInterestPeriodIncreaseDecrease
8238000 USD
CY2011 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
252170000 USD
CY2010 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
167981000 USD
CY2012 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
63207000 USD
CY2010 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-252792000 USD
CY2011 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-392932000 USD
CY2012 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-303291000 USD
CY2010 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
116934000 USD
CY2012 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
191819000 USD
CY2011 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
152119000 USD
CY2011 us-gaap Net Income Loss
NetIncomeLoss
46517000 USD
CY2012 us-gaap Net Income Loss
NetIncomeLoss
98738000 USD
CY2010 us-gaap Net Income Loss
NetIncomeLoss
18979000 USD
CY2010 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
473000 USD
CY2012 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3525000 USD
CY2011 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
421000 USD
CY2012Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
148000 USD
CY2012Q4 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
104000 USD
CY2012Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3138000 USD
CY2012Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
135000 USD
CY2011Q4 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
92000 USD
CY2011Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
76000 USD
CY2011Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
118000 USD
CY2011Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
135000 USD
CY2011 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
689000 USD
CY2012 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
318000 USD
CY2010 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
789000 USD
CY2010 us-gaap Notes Assumed1
NotesAssumed1
0 USD
CY2012 us-gaap Notes Assumed1
NotesAssumed1
30290000 USD
CY2011 us-gaap Notes Assumed1
NotesAssumed1
0 USD
CY2012Q4 us-gaap Notes Payable
NotesPayable
1653646000 USD
CY2011Q4 us-gaap Notes Payable
NotesPayable
1629500000 USD
CY2012Q4 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
145 Communities
CY2012Q4 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
151 Property
CY2012Q4 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
12 States
CY2012 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
297197000 USD
CY2011 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
265002000 USD
CY2010 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
234660000 USD
CY2011 us-gaap Operating Income Loss
OperatingIncomeLoss
84375000 USD
CY2010 us-gaap Operating Income Loss
OperatingIncomeLoss
73066000 USD
CY2012 us-gaap Operating Income Loss
OperatingIncomeLoss
115876000 USD
CY2012Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
32839000 USD
CY2012Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
28433000 USD
CY2012Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
25979000 USD
CY2012Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
28625000 USD
CY2011Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
20186000 USD
CY2011Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
20405000 USD
CY2011Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
24431000 USD
CY2011Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
19353000 USD
CY2012Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
9000 USD
CY2012Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
10000 USD
CY2012 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
409263000 USD
CY2010 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
309046000 USD
CY2011 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
351879000 USD
CY2012 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
15000 USD
CY2010 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
18000 USD
CY2011 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
18000 USD
CY2011Q4 us-gaap Other Assets
OtherAssets
27530000 USD
CY2012Q4 us-gaap Other Assets
OtherAssets
26882000 USD
CY2010 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-1517000 USD
CY2012 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
11698000 USD
CY2011 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
13688000 USD
CY2012 us-gaap Other Comprehensive Income Reclassification Adjustment On Derivatives Included In Net Income Net Of Tax
OtherComprehensiveIncomeReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax
-20107000 USD
CY2011 us-gaap Other Comprehensive Income Reclassification Adjustment On Derivatives Included In Net Income Net Of Tax
OtherComprehensiveIncomeReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax
-27639000 USD
CY2010 us-gaap Other Comprehensive Income Reclassification Adjustment On Derivatives Included In Net Income Net Of Tax
OtherComprehensiveIncomeReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax
-34021000 USD
CY2012 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
-8409000 USD
CY2011 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
-13951000 USD
CY2010 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
-35538000 USD
CY2012 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
31394000 USD
CY2010 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
23899000 USD
CY2011 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
28805000 USD
CY2012 us-gaap Other Information Pertaining To Income Taxes
OtherInformationPertainingToIncomeTaxes
No provision for federal income taxes has been made in the accompanying consolidated financial statements. MAA has made an election to be taxed as a Real Estate Investment Trust, or REIT, under Sections 856 through 860 of the Internal Revenue Code. As a REIT, MAA is generally not subject to federal income tax to the extent that we distribute 100% of our taxable income to our shareholders. We must meet certain requirements, including the requirement to distribute at least 90% of our taxable income, to maintain REIT status. If we fail to qualify as a REIT in any taxable year, MAA will be subject to the federal income tax (including any applicable alternative minimum tax) on our taxable income at regular corporate rates. Even though we qualify for taxation as a REIT, MAA may be subject to certain federal, state and local taxes on our income and property and to federal income and excise tax on our undistributed income
CY2010 us-gaap Other Real Estate Revenue
OtherRealEstateRevenue
27192000 USD
CY2011 us-gaap Other Real Estate Revenue
OtherRealEstateRevenue
32724000 USD
CY2012 us-gaap Other Real Estate Revenue
OtherRealEstateRevenue
36387000 USD
CY2011 us-gaap Owned Property Management Costs
OwnedPropertyManagementCosts
18436000 USD
CY2010 us-gaap Owned Property Management Costs
OwnedPropertyManagementCosts
15968000 USD
CY2012 us-gaap Owned Property Management Costs
OwnedPropertyManagementCosts
19761000 USD
CY2011Q4 us-gaap Partners Capital
PartnersCapital
528773000 USD
CY2012Q4 us-gaap Partners Capital
PartnersCapital
710408000 USD
CY2012Q4 us-gaap Partners Capital Including Portion Attributable To Noncontrolling Interest
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
30993000 USD
CY2011Q4 us-gaap Partners Capital Including Portion Attributable To Noncontrolling Interest
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
28729000 USD
CY2010Q4 us-gaap Partners Capital Including Portion Attributable To Noncontrolling Interest
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
26228000 USD
CY2009Q4 us-gaap Partners Capital Including Portion Attributable To Noncontrolling Interest
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
14799000 USD
CY2011 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
31617000 USD
CY2010 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
20751000 USD
CY2012 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
25164000 USD
CY2010 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
0 USD
CY2011 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
0 USD
CY2012 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
2057000 USD
CY2011 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
4633000 USD
CY2012 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
3612000 USD
CY2010 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
7244000 USD
CY2011 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
1510000 USD
CY2012 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
218000 USD
CY2010 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
12130000 USD
CY2012 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
73991000 USD
CY2010 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
16394000 USD
CY2011 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
38153000 USD
CY2012 us-gaap Proceeds From Distributions Received From Real Estate Partnerships
ProceedsFromDistributionsReceivedFromRealEstatePartnerships
12164000 USD
CY2011 us-gaap Proceeds From Distributions Received From Real Estate Partnerships
ProceedsFromDistributionsReceivedFromRealEstatePartnerships
1402000 USD
CY2010 us-gaap Proceeds From Distributions Received From Real Estate Partnerships
ProceedsFromDistributionsReceivedFromRealEstatePartnerships
1735000 USD
CY2012 us-gaap Proceeds From Issuance Of Common Limited Partners Units
ProceedsFromIssuanceOfCommonLimitedPartnersUnits
196325000 USD
CY2010 us-gaap Proceeds From Issuance Of Common Limited Partners Units
ProceedsFromIssuanceOfCommonLimitedPartnersUnits
305517000 USD
CY2011 us-gaap Proceeds From Issuance Of Common Limited Partners Units
ProceedsFromIssuanceOfCommonLimitedPartnersUnits
235739000 USD
CY2011 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
285350000 USD
CY2012 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
325000000 USD
CY2010 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
137881000 USD
CY2012 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
-320064000 USD
CY2010 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
-35000000 USD
CY2011 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
-121533000 USD
CY2012 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
110093000 USD
CY2011 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
23808000 USD
CY2010 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
88718000 USD
CY2012 us-gaap Profit Loss
ProfitLoss
102263000 USD
CY2011 us-gaap Profit Loss
ProfitLoss
46938000 USD
CY2010 us-gaap Profit Loss
ProfitLoss
19452000 USD
CY2012Q2 us-gaap Profit Loss
ProfitLoss
28421000 USD
CY2012Q4 us-gaap Profit Loss
ProfitLoss
20754000 USD
CY2012Q3 us-gaap Profit Loss
ProfitLoss
30604000 USD
CY2012Q1 us-gaap Profit Loss
ProfitLoss
22484000 USD
CY2011Q3 us-gaap Profit Loss
ProfitLoss
10549000 USD
CY2011Q2 us-gaap Profit Loss
ProfitLoss
6531000 USD
CY2011Q4 us-gaap Profit Loss
ProfitLoss
23709000 USD
CY2011Q1 us-gaap Profit Loss
ProfitLoss
6149000 USD
CY2012Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
914041000 USD
CY2010 us-gaap Real Estate Accumulated Depreciation Depreciation Expense
RealEstateAccumulatedDepreciationDepreciationExpense
94138000 USD
CY2012 us-gaap Real Estate Accumulated Depreciation Depreciation Expense
RealEstateAccumulatedDepreciationDepreciationExpense
113110000 USD
CY2011 us-gaap Real Estate Accumulated Depreciation Depreciation Expense
RealEstateAccumulatedDepreciationDepreciationExpense
102713000 USD
CY2011 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
13503000 USD
CY2010 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
751000 USD
CY2012 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
57345000 USD
CY2010Q4 us-gaap Real Estate And Accumulated Depreciation Accumulated Depreciation
RealEstateAndAccumulatedDepreciationAccumulatedDepreciation
769066000 USD
CY2011Q4 us-gaap Real Estate And Accumulated Depreciation Accumulated Depreciation
RealEstateAndAccumulatedDepreciationAccumulatedDepreciation
858276000 USD
CY2009Q4 us-gaap Real Estate And Accumulated Depreciation Accumulated Depreciation
RealEstateAndAccumulatedDepreciationAccumulatedDepreciation
675679000 USD
CY2012Q4 us-gaap Real Estate And Accumulated Depreciation Accumulated Depreciation
RealEstateAndAccumulatedDepreciationAccumulatedDepreciation
914038000 USD
CY2012Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements
3023862000 USD
CY2012Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Land
RealEstateAndAccumulatedDepreciationCarryingAmountOfLand
361147000 USD
CY2012Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Land And Buildings And Improvements
RealEstateAndAccumulatedDepreciationCarryingAmountOfLandAndBuildingsAndImprovements
3385009000 USD
CY2012Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements
2374449000 USD
CY2012Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Land
RealEstateAndAccumulatedDepreciationInitialCostOfLand
357235000 USD
CY2011 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
24954000 USD
CY2010 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
90960000 USD
CY2012 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
126066000 USD
CY2009Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
2433526000 USD
CY2011Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
3057999000 USD
CY2010Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
2670832000 USD
CY2012Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
3385012000 USD
CY2011 us-gaap Real Estate Improvements
RealEstateImprovements
-3379000 USD
CY2012 us-gaap Real Estate Improvements
RealEstateImprovements
-2789000 USD
CY2010 us-gaap Real Estate Improvements
RealEstateImprovements
-2405000 USD
CY2011Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
847171000 USD
CY2012Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
901485000 USD
CY2012Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
3363193000 USD
CY2011Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
3037949000 USD
CY2011Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
2190778000 USD
CY2012Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
2461708000 USD
CY2010 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
284486000 USD
CY2012 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
344869000 USD
CY2011 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
334650000 USD
CY2011 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
384603000 USD
CY2010 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
336238000 USD
CY2012 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
445650000 USD
CY2010 us-gaap Real Estate Taxes And Insurance
RealEstateTaxesAndInsurance
39129000 USD
CY2012 us-gaap Real Estate Taxes And Insurance
RealEstateTaxesAndInsurance
52075000 USD
CY2011 us-gaap Real Estate Taxes And Insurance
RealEstateTaxesAndInsurance
44442000 USD
CY2011 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
13895000 USD
CY2010 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
1924000 USD
CY2012 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
12911000 USD
CY2012Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
809000 USD
CY2011Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
1362000 USD
CY2011 us-gaap Revenues
Revenues
385620000 USD
CY2010 us-gaap Revenues
Revenues
336918000 USD
CY2012 us-gaap Revenues
Revenues
446549000 USD
CY2012Q4 us-gaap Revenues
Revenues
118257000 USD
CY2012Q1 us-gaap Revenues
Revenues
104129000 USD
CY2012Q3 us-gaap Revenues
Revenues
114519000 USD
CY2012Q2 us-gaap Revenues
Revenues
109644000 USD
CY2011Q4 us-gaap Revenues
Revenues
101477000 USD
CY2011Q1 us-gaap Revenues
Revenues
90627000 USD
CY2011Q3 us-gaap Revenues
Revenues
99302000 USD
CY2011Q2 us-gaap Revenues
Revenues
94214000 USD
CY2012 us-gaap Weighted Average Number Of Limited Partnership And General Partnership Unit Outstanding Basic And Diluted
WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted
40412000 shares
CY2011 us-gaap Weighted Average Number Of Limited Partnership And General Partnership Unit Outstanding Basic And Diluted
WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted
37280000 shares
CY2010 us-gaap Weighted Average Number Of Limited Partnership And General Partnership Unit Outstanding Basic And Diluted
WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted
32502000 shares
CY2012Q4 us-gaap Secured Debt
SecuredDebt
1170646000 USD
CY2011Q4 us-gaap Secured Debt
SecuredDebt
1494520000 USD
CY2012Q4 us-gaap Security Deposit Liability
SecurityDepositLiability
6167000 USD
CY2011Q4 us-gaap Security Deposit Liability
SecurityDepositLiability
5795000 USD
CY2012 us-gaap Share Based Compensation
ShareBasedCompensation
1999000 USD
CY2010 us-gaap Share Based Compensation
ShareBasedCompensation
3290000 USD
CY2011 us-gaap Share Based Compensation
ShareBasedCompensation
3609000 USD
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
0
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
0 shares
CY2012 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0 shares
CY2012Q4 us-gaap Tax Basis Of Investments Cost For Income Tax Purposes
TaxBasisOfInvestmentsCostForIncomeTaxPurposes
3800000 USD
CY2012Q4 us-gaap Temporary Equity Redemption Value
TemporaryEquityRedemptionValue
4713000 USD
CY2011Q4 us-gaap Temporary Equity Redemption Value
TemporaryEquityRedemptionValue
4037000 USD
CY2012Q4 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
72786 shares
CY2011Q4 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
65771 shares
CY2011Q4 us-gaap Unsecured Debt
UnsecuredDebt
135000000 USD
CY2012Q4 us-gaap Unsecured Debt
UnsecuredDebt
483000000 USD
CY2012 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Management of the Operating Partnership has made a number of estimates and assumptions relating to the reporting of assets and liabilities, the disclosure of contingent assets and liabilities, and the reported amounts of revenues and expenses to prepare these financial statements and notes in conformity with U.S. generally accepted accounting principles. Actual results could differ from those estimates.</font></div></div>
CY2010 us-gaap Utilities Costs
UtilitiesCosts
20046000 USD
CY2012 us-gaap Utilities Costs
UtilitiesCosts
24407000 USD
CY2011 us-gaap Utilities Costs
UtilitiesCosts
22604000 USD
CY2011 maa Advances From General Partner
AdvancesFromGeneralPartner
6792000 USD
CY2010 maa Advances From General Partner
AdvancesFromGeneralPartner
11269000 USD
CY2012 maa Advances From General Partner
AdvancesFromGeneralPartner
4402000 USD
CY2012Q4 maa Apartment Community Population
ApartmentCommunityPopulation
1000000 individual
CY2012Q4 maa Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Buildings And Improvements
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildingsAndImprovements
285600000 USD
CY2012Q4 maa Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Furniture Fixtures And Equipment
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedFurnitureFixturesAndEquipment
600000 USD
CY2012Q4 maa Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Land
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand
58000000 USD
CY2012Q4 maa Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Liabilities Senior Notes
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilitiesSeniorNotes
30300000 USD
CY2012Q4 maa Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Residential Leases Fair Value
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedResidentialLeasesFairValue
2900000 USD
CY2012Q4 maa Contractual Commitments Future Minimum Payments Due Current
ContractualCommitmentsFutureMinimumPaymentsDueCurrent
4100000 USD
CY2012Q4 maa Contractual Commitments Future Minimum Payments Due In Two Years
ContractualCommitmentsFutureMinimumPaymentsDueInTwoYears
1400000 USD
CY2012Q4 maa Credit Risk Related Contingent Features Termination Value
CreditRiskRelatedContingentFeaturesTerminationValue
20300000 USD
CY2011 maa Derivative Interest Expense
DerivativeInterestExpense
545000 USD
CY2012 maa Derivative Interest Expense
DerivativeInterestExpense
823000 USD
CY2010 maa Derivative Interest Expense
DerivativeInterestExpense
321000 USD
CY2012 maa Distributions
Distributions
-4873000 USD
CY2010 maa Distributions
Distributions
-5641000 USD
CY2011 maa Distributions
Distributions
-5103000 USD
CY2011 maa Distributions Paid On Preferred Units
DistributionsPaidOnPreferredUnits
0 USD
CY2010 maa Distributions Paid On Preferred Units
DistributionsPaidOnPreferredUnits
7622000 USD
CY2012 maa Distributions Paid On Preferred Units
DistributionsPaidOnPreferredUnits
0 USD
CY2012 maa Dividends Common Units
DividendsCommonUnits
106349000 USD
CY2010 maa Dividends Common Units
DividendsCommonUnits
78699000 USD
CY2011 maa Dividends Common Units
DividendsCommonUnits
93407000 USD
CY2010 maa Dividends Preferred Units
DividendsPreferredUnits
6549000 USD
CY2012 maa Dividends Preferred Units
DividendsPreferredUnits
0 USD
CY2011 maa Dividends Preferred Units
DividendsPreferredUnits
0 USD
CY2012Q4 maa Employee Stock Ownership Plan Esop Deferred Units Fair Value
EmployeeStockOwnershipPlanEsopDeferredUnitsFairValue
12900000 USD
CY2012Q4 maa Employee Stock Ownership Plan Esop Units In Esop
EmployeeStockOwnershipPlanEsopUnitsInEsop
198732 shares
CY2010 maa Fair Value Adjustment On Debt Assumed
FairValueAdjustmentOnDebtAssumed
0 USD
CY2012 maa Fair Value Adjustment On Debt Assumed
FairValueAdjustmentOnDebtAssumed
2578000 USD
CY2011 maa Fair Value Adjustment On Debt Assumed
FairValueAdjustmentOnDebtAssumed
0 USD
CY2012 maa Fair Value Of Debt Assumed
FairValueOfDebtAssumed
32000000 USD
CY2010 maa Gain Loss From Insurance Settlement And Other
GainLossFromInsuranceSettlementAndOther
48000 USD
CY2011 maa Gain Loss From Insurance Settlement And Other
GainLossFromInsuranceSettlementAndOther
-475000 USD
CY2012 maa Gain Loss From Insurance Settlement And Other
GainLossFromInsuranceSettlementAndOther
-13000 USD
CY2012 maa Gain Loss From Insurance Settlement And Other Including Discontinued Operations
GainLossFromInsuranceSettlementAndOtherIncludingDiscontinuedOperations
35000 USD
CY2011 maa Gain Loss From Insurance Settlement And Other Including Discontinued Operations
GainLossFromInsuranceSettlementAndOtherIncludingDiscontinuedOperations
-475000 USD
CY2010 maa Gain Loss From Insurance Settlement And Other Including Discontinued Operations
GainLossFromInsuranceSettlementAndOtherIncludingDiscontinuedOperations
-688000 USD
CY2011 maa Gain On Sale Of Non Depreciable Assets Including Discontinued Operations
GainOnSaleOfNonDepreciableAssetsIncludingDiscontinuedOperations
910000 USD
CY2010 maa Gain On Sale Of Non Depreciable Assets Including Discontinued Operations
GainOnSaleOfNonDepreciableAssetsIncludingDiscontinuedOperations
0 USD
CY2012 maa Gain On Sale Of Non Depreciable Assets Including Discontinued Operations
GainOnSaleOfNonDepreciableAssetsIncludingDiscontinuedOperations
45000 USD
CY2010 maa Gains Losses On Extinguishment Of Debt Including Discontinued Operations
GainsLossesOnExtinguishmentOfDebtIncludingDiscontinuedOperations
0 USD
CY2012 maa Gains Losses On Extinguishment Of Debt Including Discontinued Operations
GainsLossesOnExtinguishmentOfDebtIncludingDiscontinuedOperations
-1012000 USD
CY2011 maa Gains Losses On Extinguishment Of Debt Including Discontinued Operations
GainsLossesOnExtinguishmentOfDebtIncludingDiscontinuedOperations
-755000 USD
CY2011 maa General Partnership Units Issued In Exchange For Limited Partnership Units
GeneralPartnershipUnitsIssuedInExchangeForLimitedPartnershipUnits
-3069000 USD
CY2010 maa General Partnership Units Issued In Exchange For Limited Partnership Units
GeneralPartnershipUnitsIssuedInExchangeForLimitedPartnershipUnits
-1266000 USD
CY2012 maa General Partnership Units Issued In Exchange For Limited Partnership Units
GeneralPartnershipUnitsIssuedInExchangeForLimitedPartnershipUnits
-3459000 USD
CY2010 maa Income Loss From Equity Method Investments Net Of Dividends Or Distributions Gross
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributionsGross
-1149000 USD
CY2012 maa Income Loss From Equity Method Investments Net Of Dividends Or Distributions Gross
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributionsGross
-223000 USD
CY2011 maa Income Loss From Equity Method Investments Net Of Dividends Or Distributions Gross
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributionsGross
-607000 USD
CY2012Q4 maa Joint Venture Ownership Interest
JointVentureOwnershipInterest
0.3333
CY2012 maa Marked To Market Adjustment On Derivative Instruments
MarkedToMarketAdjustmentOnDerivativeInstruments
10875000 USD
CY2010 maa Marked To Market Adjustment On Derivative Instruments
MarkedToMarketAdjustmentOnDerivativeInstruments
-1838000 USD
CY2011 maa Marked To Market Adjustment On Derivative Instruments
MarkedToMarketAdjustmentOnDerivativeInstruments
13143000 USD
CY2012 maa Net Income Loss Available To Common Unitholders
NetIncomeLossAvailableToCommonUnitholders
98738000 USD
CY2010 maa Net Income Loss Available To Common Unitholders
NetIncomeLossAvailableToCommonUnitholders
7281000 USD
CY2011Q2 maa Net Income Loss Available To Common Unitholders
NetIncomeLossAvailableToCommonUnitholders
6396000 USD
CY2012 maa Number Of Properties Sold
NumberOfPropertiesSold
9 Property
CY2011 maa Number Of Properties Sold
NumberOfPropertiesSold
2 Property
CY2012 maa Number Of Units Acquired In Real Estate Property
NumberOfUnitsAcquiredInRealEstateProperty
2452 Apartments
CY2010 maa Operating Income Before Depreciation
OperatingIncomeBeforeDepreciation
201214000 USD
CY2012 maa Operating Income Before Depreciation
OperatingIncomeBeforeDepreciation
266729000 USD
CY2010 maa Preferred Units Redemption Premium
PreferredUnitsRedemptionPremium
5149000 USD
CY2011 maa Net Income Loss Available To Common Unitholders
NetIncomeLossAvailableToCommonUnitholders
46517000 USD
CY2012Q3 maa Net Income Loss Available To Common Unitholders
NetIncomeLossAvailableToCommonUnitholders
27466000 USD
CY2012Q2 maa Net Income Loss Available To Common Unitholders
NetIncomeLossAvailableToCommonUnitholders
28286000 USD
CY2012Q4 maa Net Income Loss Available To Common Unitholders
NetIncomeLossAvailableToCommonUnitholders
20650000 USD
CY2012Q1 maa Net Income Loss Available To Common Unitholders
NetIncomeLossAvailableToCommonUnitholders
22336000 USD
CY2011Q4 maa Net Income Loss Available To Common Unitholders
NetIncomeLossAvailableToCommonUnitholders
23617000 USD
CY2011Q3 maa Net Income Loss Available To Common Unitholders
NetIncomeLossAvailableToCommonUnitholders
10431000 USD
CY2011Q1 maa Net Income Loss Available To Common Unitholders
NetIncomeLossAvailableToCommonUnitholders
6073000 USD
CY2011 maa Operating Income Before Depreciation
OperatingIncomeBeforeDepreciation
231161000 USD
CY2012Q4 maa Operating Leases Future Minimum Payments Due Thereafter Net
OperatingLeasesFutureMinimumPaymentsDueThereafterNet
19000 USD
CY2012Q4 maa Operating Partnership Units Outstanding
OperatingPartnershipUnitsOutstanding
41453000 shares
CY2011Q4 maa Operating Partnership Units Outstanding
OperatingPartnershipUnitsOutstanding
38540000 shares
CY2012 maa Payments For Repurchase Of Common Units
PaymentsForRepurchaseOfCommonUnits
17527000 USD
CY2010 maa Payments For Repurchase Of Common Units
PaymentsForRepurchaseOfCommonUnits
1175000 USD
CY2011 maa Payments For Repurchase Of Common Units
PaymentsForRepurchaseOfCommonUnits
42243000 USD
CY2010 maa Payments For Repurchase Of Redeemable Preferred Units
PaymentsForRepurchaseOfRedeemablePreferredUnits
155022000 USD
CY2012 maa Payments For Repurchase Of Redeemable Preferred Units
PaymentsForRepurchaseOfRedeemablePreferredUnits
0 USD
CY2011 maa Payments For Repurchase Of Redeemable Preferred Units
PaymentsForRepurchaseOfRedeemablePreferredUnits
0 USD
CY2010 maa Payments To Acquire Real Estate And Other Assets
PaymentsToAcquireRealEstateAndOtherAssets
284486000 USD
CY2011 maa Payments To Acquire Real Estate And Other Assets
PaymentsToAcquireRealEstateAndOtherAssets
334651000 USD
CY2012 maa Payments To Acquire Real Estate And Other Assets
PaymentsToAcquireRealEstateAndOtherAssets
311524000 USD
CY2012Q4 maa Percentage Collateral To Loans
PercentageCollateralToLoans
1
CY2011 maa Percentage Of Consolidated Rental Revenue Generated By Operating Partnership
PercentageOfConsolidatedRentalRevenueGeneratedByOperatingPartnership
0.895
CY2012 maa Percentage Of Consolidated Rental Revenue Generated By Operating Partnership
PercentageOfConsolidatedRentalRevenueGeneratedByOperatingPartnership
0.898
CY2010 maa Percentage Of Consolidated Rental Revenue Generated By Operating Partnership
PercentageOfConsolidatedRentalRevenueGeneratedByOperatingPartnership
0.886
CY2012Q4 maa Percentage Of Total Public Multifamily Reit Units
PercentageOfTotalPublicMultifamilyReitUnits
0.01
CY2012 maa Period Properties Owned And Stabilized
PeriodPropertiesOwnedAndStabilized
P12M
CY2012 maa Preferred Units Redemption Premium
PreferredUnitsRedemptionPremium
0 USD
CY2011 maa Preferred Units Redemption Premium
PreferredUnitsRedemptionPremium
0 USD
CY2010 maa Proceeds From Distributions Received From Real Estate Partnerships Gross
ProceedsFromDistributionsReceivedFromRealEstatePartnershipsGross
1735000 USD
CY2012 maa Proceeds From Distributions Received From Real Estate Partnerships Gross
ProceedsFromDistributionsReceivedFromRealEstatePartnershipsGross
12350000 USD
CY2011 maa Proceeds From Distributions Received From Real Estate Partnerships Gross
ProceedsFromDistributionsReceivedFromRealEstatePartnershipsGross
1402000 USD
CY2012Q4 maa Real Estate And Accumulated Depreciation Carrying Amount Of Land And Buildings And Improvements Net
RealEstateAndAccumulatedDepreciationCarryingAmountOfLandAndBuildingsAndImprovementsNet
2470971000 USD
CY2012Q4 maa Real Estate Assets Net
RealEstateAssetsNet
2475808000 USD
CY2011Q4 maa Real Estate Assets Net
RealEstateAssetsNet
2217206000 USD
CY2010 maa Real Estate Improvements And Developments
RealEstateImprovementsAndDevelopments
45544000 USD
CY2011 maa Real Estate Improvements And Developments
RealEstateImprovementsAndDevelopments
80993000 USD
CY2012 maa Real Estate Improvements And Developments
RealEstateImprovementsAndDevelopments
111354000 USD
CY2011 maa Real Estate Revenue Net Adjusted
RealEstateRevenueNetAdjusted
384603000 USD
CY2010 maa Real Estate Revenue Net Adjusted
RealEstateRevenueNetAdjusted
336238000 USD
CY2012 maa Real Estate Revenue Net Adjusted
RealEstateRevenueNetAdjusted
445650000 USD
CY2011 maa Reclassification Of Redeemable Units From Equity To Liabilities
ReclassificationOfRedeemableUnitsFromEquityToLiabilities
150000 USD
CY2010 maa Reclassification Of Redeemable Units From Equity To Liabilities
ReclassificationOfRedeemableUnitsFromEquityToLiabilities
264000 USD
CY2012 maa Reclassification Of Redeemable Units From Equity To Liabilities
ReclassificationOfRedeemableUnitsFromEquityToLiabilities
0 USD
CY2010 maa Redeemable Units Issued
RedeemableUnitsIssued
343000 USD
CY2011 maa Redeemable Units Issued
RedeemableUnitsIssued
442000 USD
CY2012 maa Redeemable Units Issued
RedeemableUnitsIssued
489000 USD
CY2010 maa Renovations To Existing Real Estate Assets
RenovationsToExistingRealEstateAssets
7079000 USD
CY2011 maa Renovations To Existing Real Estate Assets
RenovationsToExistingRealEstateAssets
8832000 USD
CY2012 maa Renovations To Existing Real Estate Assets
RenovationsToExistingRealEstateAssets
11862000 USD
CY2011 maa Revenues Adjusted
RevenuesAdjusted
385620000 USD
CY2010 maa Revenues Adjusted
RevenuesAdjusted
336918000 USD
CY2012 maa Revenues Adjusted
RevenuesAdjusted
446549000 USD
CY2011 maa Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Liabilities Settled Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsLiabilitiesSettledTotalFairValue
0 USD
CY2010 maa Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Liabilities Settled Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsLiabilitiesSettledTotalFairValue
0 USD
CY2012Q1 maa Shares Sold On Underwritten Public Offering
SharesSoldOnUnderwrittenPublicOffering
1955000 shares
CY2012 dei Amendment Flag
AmendmentFlag
false
CY2012 dei Document Period End Date
DocumentPeriodEndDate
2012-12-31
CY2012 dei Document Type
DocumentType
8-K
CY2012 dei Entity Central Index Key
EntityCentralIndexKey
0000912595
CY2012 dei Entity Registrant Name
EntityRegistrantName
MID AMERICA APARTMENT COMMUNITIES INC

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0000912595-13-000006.txt Edgar Link pending
0000912595-13-000006-xbrl.zip Edgar Link pending
exhibit991-maalp123120128k.htm Edgar Link pending
exhibit992-maalp12312012x8k.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
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maa-20130321.xml Edgar Link completed
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