MID AMERICA APARTMENT COMMUNITIES INC

For the period ended Dec 31, 2023. Filed Feb 9, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Feb 9, 2024

MAA$118.86-0.5%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Schedule III – Real Estate and Accumulated Depreciation as of

Schedule III— Real Estate and Accumulated Depreciation

December 31, 2023

Initial Cost · Costs Capitalized Subsequentto Acquisition · Gross Amount carried as ofDecember 31, 2023
Property · Location · Encumbrances · Land · Buildingsand Fixtures · Land · Buildingsand Fixtures · Land · Buildingsand Fixtures · Total (3) · AccumulatedDepreciation (4) · Net · Date ofConstruction · DateAcquired
Birchall at Ross Bridge	Birmingham, AL	$—		$2,641	$28,842	$—	$4,874	$2,641	$33,716	$36,357	$(14,048)	$22,309	2009	2011
Colonial Grand at Riverchase Trails	Birmingham, AL	—		3,762	22,079	—	7,639	3,762	29,718	33,480	(13,775)	19,705	2010	2013
Colonial Village at Trussville	Birmingham, AL	—		3,403	31,813	—	7,581	3,403	39,394	42,797	(16,557)	26,240	1996/97	2013
Eagle Ridge	Birmingham, AL	—		852	7,667	—	6,044	852	13,711	14,563	(10,133)	4,430	1986	1998
Colonial Grand at Traditions	Gulf Shores, AL	—		3,212	25,162	—	7,726	3,212	32,888	36,100	(14,324)	21,776	2007	2013
Colonial Grand at Edgewater	Huntsville, AL	—		4,944	38,673	—	10,725	4,944	49,398	54,342	(19,236)	35,106	1990	2013
Paddock Club at Providence	Huntsville, AL	—		1,740	10,152	—	19,404	1,740	29,556	31,296	(18,831)	12,465	1993	1997
Colonial Grand at Madison	Madison, AL	—		3,602	28,934	—	4,895	3,602	33,829	37,431	(14,534)	22,897	2000	2013
Cypress Village	Orange Beach, AL	—		1,290	12,238	—	3,536	1,290	15,774	17,064	(6,523)	10,541	2008	2013
Colonial Grand at Liberty Park	Vestavia Hills, AL	—		3,922	30,977	—	10,185	3,922	41,162	45,084	(17,933)	27,151	2000	2013
MAA Sky View	Gilbert, AZ	—		2,668	14,577	—	3,453	2,668	18,030	20,698	(9,220)	11,478	2007	2009
MAA City Gate	Mesa, AZ	—		4,219	26,255	—	5,505	4,219	31,760	35,979	(13,121)	22,858	2002	2013
MAA Lyon's Gate	Phoenix, AZ	—		7,901	27,182	—	5,241	7,901	32,423	40,324	(16,691)	23,633	2007	2008
MAA Fountainhead	Phoenix, AZ	—	(1)	12,212	56,705	—	3,705	12,212	60,410	72,622	(13,915)	58,707	2015	2016
MAA Foothills	Phoenix, AZ	—		12,741	47,701	—	6,651	12,741	54,352	67,093	(31,364)	35,729	2005	2006
MAA Phoenix Midtown	Phoenix, AZ	—		9,001	—	—	74,433	9,001	74,433	83,434	(10,403)	73,031	2021	2019
MAA Central Ave	Phoenix, AZ	—		11,323	90,350	—	—	11,323	90,350	101,673	(541)	101,132	2022	2023
MAA Old Town Scottsdale	Scottsdale, AZ	—		7,820	51,627	—	13,075	7,820	64,702	72,522	(24,850)	47,672	1994/95	2013
MAA Camelback	Scottsdale, AZ	—		3,612	20,273	—	7,136	3,612	27,409	31,021	(10,475)	20,546	1999	2013
MAA SkySong	Scottsdale, AZ	—		—	55,748	—	5,160	—	60,908	60,908	(14,354)	46,554	2014	2015
MAA River North	Denver, CO	—		14,500	28,900	—	41,814	14,500	70,714	85,214	(14,943)	70,271	2018	2016
MAA Promenade	Denver, CO	—		24,111	81,317	—	23,171	24,111	104,488	128,599	(18,619)	109,980	2017/19	2018
MAA Westglenn	Denver, CO	—		8,077	—	—	74,335	8,077	74,335	82,412	(9,398)	73,014	2021	2018
MAA Tiffany Oaks	Altamonte Springs, FL	—		1,024	9,219	—	8,512	1,024	17,731	18,755	(12,741)	6,014	1985	1996
MAA Lakewood Ranch	Bradenton, FL	—		2,980	40,230	—	10,220	2,980	50,450	53,430	(19,988)	33,442	1999	2013
MAA Indigo Point	Brandon, FL	—		1,167	10,500	—	6,619	1,167	17,119	18,286	(11,661)	6,625	1989	2000
MAA Brandon	Brandon, FL	—		2,896	26,111	—	10,844	2,896	36,955	39,851	(26,741)	13,110	1998	1997
MAA Coral Springs	Coral Springs, FL	—		9,600	40,004	—	19,014	9,600	59,018	68,618	(34,915)	33,703	1996	2004
Paddock Club Gainesville	Gainesville, FL	—		1,800	15,879	—	7,070	1,800	22,949	24,749	(13,687)	11,062	1999	1998
Retreat at Magnolia Parke	Gainesville, FL	—		2,040	16,338	—	1,973	2,040	18,311	20,351	(7,986)	12,365	2009	2011
MAA Heathrow	Heathrow, FL	—		4,101	35,684	—	6,673	4,101	42,357	46,458	(18,480)	27,978	1997	2013
220 Riverside	Jacksonville, FL	—		2,381	35,514	—	9,621	2,381	45,135	47,516	(10,000)	37,516	2015	2012
Atlantic Crossing	Jacksonville, FL	—		4,000	19,495	—	4,420	4,000	23,915	27,915	(10,140)	17,775	2008	2011
Coopers Hawk	Jacksonville, FL	—		854	7,500	—	5,620	854	13,120	13,974	(10,199)	3,775	1987	1995
Hunters Ridge Deerwood	Jacksonville, FL	—		1,533	13,835	—	7,159	1,533	20,994	22,527	(16,017)	6,510	1987	1997
Lakeside	Jacksonville, FL	—		1,430	12,883	—	10,902	1,430	23,785	25,215	(18,466)	6,749	1985	1996
Lighthouse at Fleming Island	Jacksonville, FL	—		4,047	35,052	—	7,883	4,047	42,935	46,982	(27,537)	19,445	2003	2003
Paddock Club Mandarin	Jacksonville, FL	—		1,411	14,967	—	5,267	1,411	20,234	21,645	(12,142)	9,503	1998	1998
MAA Mandarin Lakes	Jacksonville, FL	—		2,857	6,475	—	23,781	2,857	30,256	33,113	(15,848)	17,265	1987/2008	1995
Tattersall at Tapestry Park	Jacksonville, FL	—		6,417	36,069	—	4,235	6,417	40,304	46,721	(16,663)	30,058	2009	2011
Woodhollow	Jacksonville, FL	—		1,678	15,179	—	11,404	1,678	26,583	28,261	(20,669)	7,592	1986	1997
MAA Lake Mary	Lake Mary, FL	—	(2)	6,346	41,539	—	26,633	6,346	68,172	74,518	(23,829)	50,689	2012	2013
MAA Town Park	Lake Mary, FL	—		9,223	66,873	—	11,657	9,223	78,530	87,753	(34,905)	52,848	2004/05	2013
MAA Heather Glen	Orlando, FL	—		4,662	56,988	—	10,465	4,662	67,453	72,115	(28,202)	43,913	2000	2013
MAA Randal Lakes	Orlando, FL	—		8,859	50,553	—	50,750	8,859	101,303	110,162	(23,114)	87,048	2014/17	2013
MAA Robinson	Orlando, FL	—		6,003	—	—	91,741	6,003	91,741	97,744	(11,620)	86,124	2021	2018
MAA Baldwin Park	Orlando, FL	—		18,101	144,200	—	7,015	18,101	151,215	169,316	(43,119)	126,197	2011	2016
MAA Crosswater	Orlando, FL	—		7,046	52,585	—	3,181	7,046	55,766	62,812	(14,359)	48,453	2013	2016
MAA Parkside	Orlando, FL	—		5,669	49,754	—	10,855	5,669	60,609	66,278	(16,663)	49,615	1999	2016
MAA Lake Nona	Orlando, FL	—		7,880	41,175	—	8,389	7,880	49,564	57,444	(20,138)	37,306	2006	2012
Sand Lake	Orlando, FL	—		7,635	—	—	56,019	7,635	56,019	63,654	(7,632)	56,022	2021	2019
MAA Palm Harbor	Palm Harbor, FL	—		6,900	26,613	—	6,114	6,900	32,727	39,627	(16,900)	22,727	2000	2009
Club at Panama Beach	Panama City, FL	—		893	14,276	—	6,718	893	20,994	21,887	(13,126)	8,761	2000	1998
MAA Twin Lakes	Sanford, FL	—		3,091	47,793	—	7,978	3,091	55,771	58,862	(22,697)	36,165	2005	2013
Paddock Club Tallahassee	Tallahassee, FL	—		1,480	4,805	—	16,114	1,480	20,919	22,399	(16,166)	6,233	1992	1997
Verandas at Southwood	Tallahassee, FL	—		3,600	25,914	—	3,292	3,600	29,206	32,806	(9,867)	22,939	2003	2011
MAA Belmere	Tampa, FL	—		852	7,667	—	10,059	852	17,726	18,578	(12,488)	6,090	1984	1994
MAA Hampton Preserve	Tampa, FL	—		17,029	131,398	—	6,709	17,029	138,107	155,136	(32,817)	122,319	2012/21	2013/22
MAA Carrollwood	Tampa, FL	—		927	7,355	—	8,301	927	15,656	16,583	(11,174)	5,409	1980	1998
MAA Bay View	Tampa, FL	—		4,541	28,381	—	3,215	4,541	31,596	36,137	(8,951)	27,186	1997	2016
MAA Harbour Island	Tampa, FL	—		16,296	116,193	—	19,476	16,296	135,669	151,965	(39,833)	112,132	1997	2016
MAA Hyde Park	Tampa, FL	—		16,891	95,259	—	13,903	16,891	109,162	126,053	(31,218)	94,835	1994	2016
MAA Rocky Point	Tampa, FL	—		35,260	153,102	—	23,041	35,260	176,143	211,403	(50,629)	160,774	1994-1996	2016
MAA SoHo Square	Tampa, FL	—	(1)	5,190	56,296	—	2,218	5,190	58,514	63,704	(14,636)	49,068	2012	2016
MAA Tampa Oaks	Tampa, FL	—		2,891	19,055	—	5,038	2,891	24,093	26,984	(11,896)	15,088	2005	2008
MAA Seven Oaks	Wesley Chapel, FL	—		3,051	42,768	—	5,171	3,051	47,939	50,990	(19,693)	31,297	2004	2013
MAA Windermere	Windermere, FL	—	(1)	2,711	36,710	—	4,129	2,711	40,839	43,550	(16,012)	27,538	2009	2013

Initial Cost · Costs Capitalized Subsequentto Acquisition · Gross Amount carried as ofDecember 31, 2023
Property · Location · Encumbrances · Land · Buildingsand Fixtures · Land · Buildingsand Fixtures · Land · Buildingsand Fixtures · Total (3) · AccumulatedDepreciation (4) · Net · Date ofConstruction · DateAcquired
MAA Briarcliff	Atlanta, GA	—		24,614	114,921	—	11,207	24,614	126,128	150,742	(34,513)	116,229	1996	2016
MAA Brookhaven	Atlanta, GA	—		29,048	106,463	—	15,230	29,048	121,693	150,741	(35,573)	115,168	1989-1992	2016
MAA Brookwood	Atlanta, GA	—	(2)	11,168	52,758	—	8,369	11,168	61,127	72,295	(24,045)	48,250	2008	2012
MAA Buckhead	Atlanta, GA	—		8,633	19,844	—	12,300	8,633	32,144	40,777	(13,651)	27,126	2002	2012
MAA Centennial Park	Atlanta, GA	—		13,650	10,950	—	63,329	13,650	74,279	87,929	(13,099)	74,830	2018	2016
MAA Chastain	Atlanta, GA	—		30,223	82,964	—	6,053	30,223	89,017	119,240	(24,772)	94,468	1990	2016
MAA Dunwoody	Atlanta, GA	—		15,799	48,054	—	7,672	15,799	55,726	71,525	(15,838)	55,687	1995	2016
MAA Gardens	Atlanta, GA	—		17,907	56,093	—	12,754	17,907	68,847	86,754	(19,499)	67,255	1996	2016
MAA Glen	Atlanta, GA	—		13,878	51,079	—	9,017	13,878	60,096	73,974	(17,023)	56,951	1996	2016
MAA Lenox	Atlanta, GA	—		23,876	165,572	—	6,392	23,876	171,964	195,840	(51,397)	144,443	2006/15	2016
MAA Midtown	Atlanta, GA	—		7,000	44,000	—	41,969	7,000	85,969	92,969	(15,158)	77,811	2017	2016
MAA Oglethorpe	Atlanta, GA	—		6,856	31,441	—	8,682	6,856	40,123	46,979	(19,786)	27,193	1994	2008
MAA Peachtree Hills	Atlanta, GA	—		11,974	55,264	—	2,665	11,974	57,929	69,903	(15,439)	54,464	1992-1994/2009	2016
MAA Piedmont Park	Atlanta, GA	—		11,025	34,277	—	6,445	11,025	40,722	51,747	(10,559)	41,188	1999	2016
MAA Riverside	Atlanta, GA	—		23,765	89,369	—	13,151	23,765	102,520	126,285	(32,186)	94,099	1996	2016
MAA Spring	Atlanta, GA	—		18,596	57,819	—	8,770	18,596	66,589	85,185	(20,475)	64,710	1999	2016
MAA Stratford	Atlanta, GA	—		—	30,051	—	7,361	—	37,412	37,412	(11,622)	25,790	1999	2016
Novel West Midtown	Atlanta, GA	—		7,000	—	—	83,646	7,000	83,646	90,646	(2,383)	88,263	2021	2023
MAA Berkeley Lake	Duluth, GA	—		1,960	15,707	—	4,164	1,960	19,871	21,831	(9,758)	12,073	1998	2013
MAA McDaniel Farm	Duluth, GA	—		3,985	32,206	—	8,205	3,985	40,411	44,396	(19,278)	25,118	1997	2013
MAA Pleasant Hill	Duluth, GA	—		6,753	32,202	—	9,731	6,753	41,933	48,686	(19,200)	29,486	1996	2013
MAA Prescott	Duluth, GA	—		3,840	24,011	—	8,458	3,840	32,469	36,309	(19,734)	16,575	2001	2004
MAA River Oaks	Duluth, GA	—		4,349	13,579	—	5,749	4,349	19,328	23,677	(10,672)	13,005	1992	2013
MAA River Place	Duluth, GA	—		2,059	19,158	—	6,548	2,059	25,706	27,765	(11,591)	16,174	1994	2013
MAA Mount Vernon	Dunwoody, GA	—		6,861	23,748	—	5,707	6,861	29,455	36,316	(12,388)	23,928	1997	2013
MAA Lake Lanier	Gainesville, GA	—		6,710	40,994	—	14,825	6,710	55,819	62,529	(33,672)	28,857	1998/2001	2005
MAA Shiloh	Kennesaw, GA	—		4,864	45,893	—	10,243	4,864	56,136	61,000	(24,595)	36,405	2002	2013
MAA Milstead	LaGrange, GA	—		3,100	29,240	—	5,570	3,100	34,810	37,910	(13,116)	24,794	1998	2008
MAA Barrett Creek	Marietta, GA	—		5,661	26,186	—	5,414	5,661	31,600	37,261	(15,487)	21,774	1999	2013
MAA Benton	Pooler, GA	—		3,550	66,347	—	10,052	3,550	76,399	79,949	(31,876)	48,073	2001/08	2013
MAA Avala	Savannah, GA	—		1,500	24,862	—	3,616	1,500	28,478	29,978	(12,141)	17,837	2009	2011
MAA Hammocks	Savannah, GA	—		2,441	36,863	—	9,348	2,441	46,211	48,652	(19,218)	29,434	1997	2013
MAA Huntington	Savannah, GA	—		2,521	8,223	—	3,455	2,521	11,678	14,199	(5,107)	9,092	1986	2013
MAA Georgetown Grove	Savannah, GA	—		1,288	11,579	—	4,878	1,288	16,457	17,745	(12,821)	4,924	1997	1998
Oaks at Wilmington Island	Savannah, GA	—		2,864	25,315	—	7,405	2,864	32,720	35,584	(18,708)	16,876	1999	2006
MAA West Village	Smyrna, GA	—		14,410	73,733	—	13,222	14,410	86,955	101,365	(28,750)	72,615	2006/12	2014
Ranch at Prairie Trace	Overland Park, KS	—		3,500	40,614	—	3,881	3,500	44,495	47,995	(10,211)	37,784	2015	2015
MAA Pinnacle	Lexington, KY	—		2,024	31,525	—	8,997	2,024	40,522	42,546	(24,708)	17,838	2000	1998
MAA Lakepointe	Lexington, KY	—		411	3,699	—	3,327	411	7,026	7,437	(5,650)	1,787	1986	1994
MAA Mansion	Lexington, KY	—		694	6,242	—	5,410	694	11,652	12,346	(9,078)	3,268	1989	1994
MAA Village	Lexington, KY	—		900	8,097	—	6,144	900	14,241	15,141	(11,491)	3,650	1989	1994
Stonemill Village	Louisville, KY	—		1,169	10,518	—	12,802	1,169	23,320	24,489	(17,951)	6,538	1985	1994
Market Station	Kansas City, MO	—		5,814	46,241	—	5,839	5,814	52,080	57,894	(19,914)	37,980	2010	2012
The Denton	Kansas City, MO	—		5,520	50,939	—	30,399	5,520	81,338	86,858	(17,501)	69,357	2013/14/17	2015
MAA Beaver Creek	Apex, NC	—		7,491	34,863	—	4,819	7,491	39,682	47,173	(16,227)	30,946	2007	2013
MAA Hermitage	Cary, NC	—		896	8,099	—	6,558	896	14,657	15,553	(11,150)	4,403	1988	1997
MAA 900 Waterford	Cary, NC	—		4,000	20,250	—	7,150	4,000	27,400	31,400	(15,781)	15,619	1996	2005
MAA 1225	Charlotte, NC	—		9,612	22,342	—	34,917	9,612	57,259	66,871	(18,730)	48,141	2010	2010
MAA Ayrsley	Charlotte, NC	—		2,481	52,119	—	20,616	2,481	72,735	75,216	(27,197)	48,019	2008	2013
MAA Ballantyne	Charlotte, NC	—		16,216	44,817	—	6,324	16,216	51,141	67,357	(14,547)	52,810	2004	2016
MAA Beverly Crest	Charlotte, NC	—		3,161	24,004	—	7,427	3,161	31,431	34,592	(12,446)	22,146	1996	2013
MAA Chancellor Park	Charlotte, NC	—		5,311	28,016	—	8,358	5,311	36,374	41,685	(15,200)	26,485	1999	2013
MAA City Grand	Charlotte, NC	—		1,620	17,499	—	2,538	1,620	20,037	21,657	(7,879)	13,778	2005	2013
MAA Enclave	Charlotte, NC	—		1,461	18,984	—	3,096	1,461	22,080	23,541	(8,308)	15,233	2008	2013
MAA Gateway	Charlotte, NC	—		17,528	57,444	—	16,196	17,528	73,640	91,168	(20,536)	70,632	2000	2016
MAA Legacy Park	Charlotte, NC	—		2,891	28,272	—	5,734	2,891	34,006	36,897	(14,199)	22,698	2001	2013
MAA LoSo	Charlotte, NC	—		14,600	108,076	—	17,490	14,600	125,566	140,166	(4,707)	135,459	2021	2022
MAA Prosperity Creek	Charlotte, NC	—		4,591	27,713	—	4,094	4,591	31,807	36,398	(13,776)	22,622	2005	2013
MAA Reserve	Charlotte, NC	—		4,628	44,282	—	14,845	4,628	59,127	63,755	(14,935)	48,820	2013	2013
MAA South Line	Charlotte, NC	—		18,835	58,795	—	7,132	18,835	65,927	84,762	(16,985)	67,777	2009	2016
MAA South Park	Charlotte, NC	—		20,869	65,517	—	11,703	20,869	77,220	98,089	(22,064)	76,025	1996	2016
MAA South Tryon	Charlotte, NC	—		2,260	19,489	—	4,506	2,260	23,995	26,255	(10,097)	16,158	2002	2013
MAA University Lake	Charlotte, NC	—		3,250	31,389	—	7,483	3,250	38,872	42,122	(17,008)	25,114	1998	2013
MAA Uptown	Charlotte, NC	—		10,888	30,078	—	10,015	10,888	40,093	50,981	(10,400)	40,581	2000	2016
MAA Optimist Park	Charlotte, NC	—		10,574	95,346	—	501	10,574	95,847	106,421	(578)	105,843	2023	2023
MAA Cornelius	Cornelius, NC	—		4,571	29,151	—	3,535	4,571	32,686	37,257	(14,397)	22,860	2009	2013
MAA Patterson	Durham, NC	—		2,590	27,126	—	5,786	2,590	32,912	35,502	(13,674)	21,828	1997	2013
MAA Research Park	Durham, NC	—		4,201	37,682	—	7,539	4,201	45,221	49,422	(18,992)	30,430	2002	2013
MAA Duke Forest	Durham, NC	—		3,271	15,609	—	4,021	3,271	19,630	22,901	(9,227)	13,674	1985	2013
MAA Huntersville	Huntersville, NC	—		4,251	31,948	—	5,568	4,251	37,516	41,767	(16,331)	25,436	2008	2013
MAA Fifty-One	Matthews, NC	—		3,071	21,830	—	8,458	3,071	30,288	33,359	(14,171)	19,188	2008	2013
MAA Matthews Commons	Matthews, NC	—		3,690	28,536	—	4,074	3,690	32,610	36,300	(13,855)	22,445	2008	2013
MAA Arringdon	Morrisville, NC	—		6,401	31,134	—	7,531	6,401	38,665	45,066	(15,925)	29,141	2003	2013
MAA Brierdale	Raleigh, NC	—		7,372	50,202	—	4,850	7,372	55,052	62,424	(22,730)	39,694	2010	2013
MAA Brier Falls	Raleigh, NC	—		6,572	48,910	—	4,685	6,572	53,595	60,167	(21,495)	38,672	2008	2013
MAA Crabtree	Raleigh, NC	—		2,241	18,434	—	4,821	2,241	23,255	25,496	(9,072)	16,424	1997	2013

Initial Cost · Costs Capitalized Subsequentto Acquisition · Gross Amount carried as ofDecember 31, 2023
Property · Location · Encumbrances · Land · Buildingsand Fixtures · Land · Buildingsand Fixtures · Land · Buildingsand Fixtures · Total (3) · AccumulatedDepreciation (4) · Net · Date ofConstruction · DateAcquired
MAA Trinity	Raleigh, NC	—		5,232	45,138	—	8,360	5,232	53,498	58,730	(22,957)	35,773	2000/02	2013
MAA Hue	Raleigh, NC	—		3,690	29,910	—	4,193	3,690	34,103	37,793	(12,013)	25,780	2009	2010
MAA Wade Park	Raleigh, NC	—		19,434	98,288	—	29,864	19,434	128,152	147,586	(37,983)	109,603	2011/17/19	2016
MAA Preserve	Raleigh, NC	—		5,831	21,980	—	29,157	5,831	51,137	56,968	(26,485)	30,483	2004	2006
MAA Providence	Raleigh, NC	—		4,695	29,007	—	3,894	4,695	32,901	37,596	(17,020)	20,576	2007	2008
Colonial Grand at Desert Vista	North Las Vegas, NV	—		4,091	29,826	—	3,701	4,091	33,527	37,618	(14,246)	23,372	2009	2013
Colonial Grand at Palm Vista	North Las Vegas, NV	—		4,909	25,643	—	7,347	4,909	32,990	37,899	(14,520)	23,379	2007	2013
MAA Tanglewood	Anderson, SC	—		427	3,853	—	3,687	427	7,540	7,967	(6,146)	1,821	1980	1994
MAA 1201 Midtown	Charleston, SC	—		18,679	63,759	—	18,891	18,679	82,650	101,329	(16,423)	84,906	2015/18	2016
MAA Cypress Cove	Charleston, SC	—		3,610	28,645	—	6,562	3,610	35,207	38,817	(14,284)	24,533	2001	2013
MAA Hampton Pointe	Charleston, SC	—		3,971	22,790	—	11,706	3,971	34,496	38,467	(13,937)	24,530	1986	2013
MAA Westchase	Charleston, SC	—		4,571	20,091	—	7,226	4,571	27,317	31,888	(12,679)	19,209	1985	2013
MAA James Island	Charleston, SC	—		920	24,097	—	8,839	920	32,936	33,856	(13,639)	20,217	1987	2013
MAA Rivers Walk	Charleston, SC	—		8,831	39,430	—	3,992	8,831	43,422	52,253	(10,714)	41,539	2013/16	2013
Paddock Club Columbia	Columbia, SC	—		1,840	16,560	—	7,990	1,840	24,550	26,390	(18,658)	7,732	1991	1997
Fairways	Columbia, SC	—		910	8,207	—	3,661	910	11,868	12,778	(10,322)	2,456	1992	1994
MAA Crowfield	Goose Creek, SC	—		1,321	14,163	—	5,678	1,321	19,841	21,162	(9,215)	11,947	1985	2013
MAA Highland Ridge	Greenville, SC	—		482	4,337	—	3,754	482	8,091	8,573	(5,946)	2,627	1984	1995
MAA Howell Commons	Greenville, SC	—		1,304	11,740	—	6,346	1,304	18,086	19,390	(13,871)	5,519	1987	1997
MAA Innovation	Greenville, SC	—		4,437	52,026	—	3,607	4,437	55,633	60,070	(13,876)	46,194	2015	2016
MAA Paddock Club	Greenville, SC	—		1,200	10,800	—	4,421	1,200	15,221	16,421	(11,631)	4,790	1996	1997
MAA Haywood	Greenville, SC	—		360	2,925	—	6,090	360	9,015	9,375	(6,938)	2,437	1983	1993
MAA Spring Creek	Greenville, SC	—		583	5,374	—	4,775	583	10,149	10,732	(7,336)	3,396	1985	1995
MAA Greene	Greenville, SC	—		5,427	66,546	—	1,786	5,427	68,332	73,759	(8,152)	65,607	2019	2019
MAA Runaway Bay	Mt. Pleasant, SC	—		1,096	7,269	—	9,438	1,096	16,707	17,803	(12,229)	5,574	1988	1995
MAA Commerce Park	North Charleston, SC	—		2,780	33,966	—	6,753	2,780	40,719	43,499	(16,635)	26,864	2008	2013
MAA Point Place	Simpsonville, SC	—		1,216	18,666	—	3,046	1,216	21,712	22,928	(10,103)	12,825	2008	2010
MAA Park Place	Spartanburg, SC	—		723	6,504	—	3,428	723	9,932	10,655	(7,758)	2,897	1987	1997
MAA Waters Edge	Summerville, SC	—		2,103	9,187	—	7,032	2,103	16,219	18,322	(8,002)	10,320	1985	2013
MAA Farm Springs	Summerville, SC	—		2,800	26,295	—	4,312	2,800	30,607	33,407	(16,784)	16,623	2007	2007
Hamilton Pointe	Chattanooga, TN	—		1,131	10,632	—	9,246	1,131	19,878	21,009	(11,045)	9,964	1989	1992
Hidden Creek	Chattanooga, TN	—		972	8,954	—	8,873	972	17,827	18,799	(9,798)	9,001	1987	1988
Steeplechase	Chattanooga, TN	—		217	1,957	—	5,598	217	7,555	7,772	(4,714)	3,058	1986	1991
Windridge	Chattanooga, TN	—		817	7,416	—	6,003	817	13,419	14,236	(9,974)	4,262	1984	1997
Kirby Station	Memphis, TN	—		1,148	10,337	—	12,029	1,148	22,366	23,514	(17,500)	6,014	1978	1994
Lincoln on the Green	Memphis, TN	—		1,498	20,483	—	20,699	1,498	41,182	42,680	(32,253)	10,427	1992	1994
Park Estate	Memphis, TN	—		178	1,141	—	4,114	178	5,255	5,433	(4,031)	1,402	1974	1977
Reserve at Dexter Lake	Memphis, TN	—		3,407	16,043	—	52,160	3,407	68,203	71,610	(37,724)	33,886	2000	1998
MAA Murfreesboro	Murfreesboro, TN	—		915	14,774	—	5,549	915	20,323	21,238	(12,624)	8,614	1999	1998
MAA Acklen	Nashville, TN	—		12,761	58,906	—	2,937	12,761	61,843	74,604	(13,709)	60,895	2015	2017
MAA Indian Lake	Nashville, TN	—		4,950	28,053	—	3,968	4,950	32,021	36,971	(13,454)	23,517	2010	2011
MAA Kennesaw Farms	Nashville, TN	—		3,456	22,443	—	6,054	3,456	28,497	31,953	(12,804)	19,149	2008	2010
MAA Brentwood	Nashville, TN	—		1,191	10,739	—	11,334	1,191	22,073	23,264	(16,219)	7,045	1986	1994
MAA Charlotte Ave	Nashville, TN	—		7,898	54,480	—	3,301	7,898	57,781	65,679	(11,320)	54,359	2016	2017
MAA Bellevue	Nashville, TN	—		17,193	64,196	—	10,042	17,193	74,238	91,431	(25,860)	65,571	1996/2015	2013
MAA Nashville West	Nashville, TN	—		2,963	33,673	—	12,722	2,963	46,395	49,358	(26,754)	22,604	2001	1998
MAA Monthaven Park	Nashville, TN	—		2,736	28,902	—	8,866	2,736	37,768	40,504	(24,295)	16,209	2000	2004
MAA Park	Nashville, TN	—		1,524	14,800	—	10,369	1,524	25,169	26,693	(20,313)	6,380	1987	1995
MAA Cool Springs	Nashville, TN	—		6,670	—	—	55,260	6,670	55,260	61,930	(16,774)	45,156	2012	2010
MAA Sam Ridley	Nashville, TN	—		3,350	28,308	—	6,430	3,350	34,738	38,088	(15,714)	22,374	2009	2010
MAA Balcones Woods	Austin, TX	—		1,598	14,398	—	13,464	1,598	27,862	29,460	(18,577)	10,883	1983	1997
MAA Canyon Creek	Austin, TX	—		3,621	32,137	—	4,418	3,621	36,555	40,176	(15,269)	24,907	2008	2013
MAA Canyon Pointe	Austin, TX	—		3,778	20,201	—	5,170	3,778	25,371	29,149	(11,400)	17,749	2003	2013
MAA Double Creek	Austin, TX	—		3,131	29,375	—	2,777	3,131	32,152	35,283	(13,616)	21,667	2013	2013
MAA Onion Creek	Austin, TX	—		4,902	33,010	—	4,752	4,902	37,762	42,664	(16,419)	26,245	2009	2013
MAA Wells Branch	Austin, TX	—	(1)	3,722	32,283	—	4,612	3,722	36,895	40,617	(14,870)	25,747	2008	2013
MAA Quarry Oaks	Austin, TX	—		4,621	34,461	—	16,399	4,621	50,860	55,481	(20,218)	35,263	1996	2013
MAA Sunset Valley	Austin, TX	—		3,150	11,393	—	7,079	3,150	18,472	21,622	(10,495)	11,127	1996	2004
MAA Western Oaks	Austin, TX	—	(2)	9,100	49,339	—	6,061	9,100	55,400	64,500	(22,242)	42,258	2001	2009
MAA Barton Creek	Austin, TX	—		8,683	21,497	—	5,287	8,683	26,784	35,467	(7,795)	27,672	1998	2016
MAA Park Mesa	Austin, TX	—		4,653	19,828	—	2,856	4,653	22,684	27,337	(6,262)	21,075	1992	2016
MAA South Lamar	Austin, TX	—		20,542	74,093	—	30,082	20,542	104,175	124,717	(26,455)	98,262	2011/17	2016
MAA West Austin	Austin, TX	—	(1)	7,805	48,843	—	5,334	7,805	54,177	61,982	(17,723)	44,259	2009	2016
MAA Brushy Creek	Austin, TX	—		2,900	24,009	—	7,281	2,900	31,290	34,190	(18,127)	16,063	2003	2006
MAA East Austin	Austin, TX	—		2,281	6,169	—	16,575	2,281	22,744	25,025	(11,718)	13,307	1987	1995
MAA Barton Skyway	Austin, TX	—		1,405	12,769	—	14,224	1,405	26,993	28,398	(15,959)	12,439	1977	1997
MAA Windmill Hill	Austin, TX	—		5,006	—	—	54,847	5,006	54,847	59,853	(4,498)	55,355	2022	2020
MAA Shoal Creek	Bedford, TX	—		4,982	27,377	—	8,276	4,982	35,653	40,635	(15,206)	25,429	1996	2013
MAA Willow Creek	Bedford, TX	—		3,109	33,488	—	12,731	3,109	46,219	49,328	(20,120)	29,208	1996	2013
MAA Hebron	Carrollton, TX	—		4,231	42,237	—	3,397	4,231	45,634	49,865	(17,920)	31,945	2011	2013
MAA Cedar park	Cedar Park, TX	—		7,232	56,640	—	8,629	7,232	65,269	72,501	(26,726)	45,775	2005	2013
Grand Cypress	Cypress, TX	—		3,881	24,267	—	5,370	3,881	29,637	33,518	(9,612)	23,906	2008	2013
MAA Medical District	Dallas, TX	—		4,050	33,779	—	5,583	4,050	39,362	43,412	(14,562)	28,850	2007	2013
MAA Highlands North	Dallas, TX	—		988	8,893	—	5,956	988	14,849	15,837	(10,657)	5,180	1986	1998

Initial Cost · Costs Capitalized Subsequentto Acquisition · Gross Amount carried as ofDecember 31, 2023
Property · Location · Encumbrances · Land · Buildingsand Fixtures · Land · Buildingsand Fixtures · Land · Buildingsand Fixtures · Total (3) · AccumulatedDepreciation (4) · Net · Date ofConstruction · DateAcquired
MAA Grand Courtyards	Dallas, TX	—		2,730	22,240	—	8,327	2,730	30,567	33,297	(16,799)	16,498	2000	2006
MAA Lowes Farm	Dallas, TX	—		5,016	41,091	—	5,279	5,016	46,370	51,386	(19,418)	31,968	2008	2011
MAA Frisco Bridges	Dallas, TX	—		14,845	66,571	—	66,810	14,845	133,381	148,226	(37,021)	111,205	2009/13/21	2013
MAA McKinney Avenue	Dallas, TX	—		34,765	40,127	—	13,732	34,765	53,859	88,624	(16,057)	72,567	1993/96	2016
MAA Worthington	Dallas, TX	—		13,713	43,268	—	12,005	13,713	55,273	68,986	(14,685)	54,301	1993/2008	2016
MAA Abbey	Dallas, TX	—		2,711	4,369	—	1,226	2,711	5,595	8,306	(1,560)	6,746	1996	2016
MAA Addison Circle	Dallas, TX	—		12,308	189,419	—	32,293	12,308	221,712	234,020	(62,482)	171,538	1998-2000	2016
MAA North Hall	Dallas, TX	—		13,030	14,383	—	5,174	13,030	19,557	32,587	(6,375)	26,212	1998	2016
MAA Eastside	Dallas, TX	—		7,134	58,095	—	6,196	7,134	64,291	71,425	(19,193)	52,232	2008	2016
MAA Gallery	Dallas, TX	—		4,391	7,910	—	3,301	4,391	11,211	15,602	(3,366)	12,236	1999	2016
MAA Heights	Dallas, TX	—		26,245	37,922	—	8,001	26,245	45,923	72,168	(12,894)	59,274	1998-1999/ 2009	2016
MAA Katy Trail	Dallas, TX	—		10,333	32,456	—	3,220	10,333	35,676	46,009	(9,323)	36,686	2010	2016
MAA Legacy	Dallas, TX	—	(1)	6,575	55,277	—	11,212	6,575	66,489	73,064	(17,727)	55,337	2000	2016
MAA Meridian	Dallas, TX	—		8,780	13,654	—	1,973	8,780	15,627	24,407	(4,626)	19,781	1991	2016
MAA Uptown Village	Dallas, TX	—		34,974	33,213	—	11,726	34,974	44,939	79,913	(13,865)	66,048	1995-2000	2016
MAA Watermark	Dallas, TX	—		960	14,438	—	4,957	960	19,395	20,355	(11,830)	8,525	2002	2004
MAA Bear Creek	Euless, TX	—		6,453	30,048	—	8,795	6,453	38,843	45,296	(16,687)	28,609	1998	2013
MAA Fairview	Fairview, TX	—		2,171	35,077	—	3,224	2,171	38,301	40,472	(14,601)	25,871	2012	2013
MAA Starwood	Frisco, TX	—		3,240	26,069	—	3,881	3,240	29,950	33,190	(13,543)	19,647	2009	2010
MAA Grapevine	Grapevine, TX	—		2,351	29,757	—	11,039	2,351	40,796	43,147	(16,685)	26,462	1985/86	2013
Greenwood Forest	Houston, TX	—		3,465	23,482	—	4,117	3,465	27,599	31,064	(10,039)	21,025	1994	2013
Legacy Pines	Houston, TX	—		2,142	19,066	—	6,250	2,142	25,316	27,458	(16,293)	11,165	1999	2003
MAA Energy Park	Houston, TX	—		2,061	15,830	—	5,594	2,061	21,424	23,485	(11,544)	11,941	1996	2007
Post 510	Houston, TX	—		7,226	33,366	—	3,060	7,226	36,426	43,652	(10,659)	32,993	2014	2016
Post at Afton Oaks	Houston, TX	—		11,503	65,469	—	5,380	11,503	70,849	82,352	(22,518)	59,834	2017	2016
Post Midtown Square	Houston, TX	—		19,038	89,570	—	11,319	19,038	100,889	119,927	(29,230)	90,697	1999/2013	2016
Ranchstone	Houston, TX	—		1,480	14,807	—	5,292	1,480	20,099	21,579	(10,809)	10,770	1996	2007
Reserve at Woodwind Lakes	Houston, TX	—		1,968	19,928	—	7,149	1,968	27,077	29,045	(15,134)	13,911	1999	2006
Retreat at Vintage Park	Houston, TX	—	(1)	8,211	40,352	—	4,279	8,211	44,631	52,842	(10,760)	42,082	2014	2014
MAA Greater Heights	Houston, TX	—	(2)	13,107	62,764	—	4,657	13,107	67,421	80,528	(14,225)	66,303	2015	2016
MAA Park Point	Houston, TX	—		9,031	—	—	46,024	9,031	46,024	55,055	(5,533)	49,522	N/A	2018
Cascade at Fall Creek	Humble, TX	—		5,985	40,011	—	7,183	5,985	47,194	53,179	(24,462)	28,717	2007	2007
MAA Bella Casita	Irving, TX	—		2,521	26,432	—	6,490	2,521	32,922	35,443	(14,091)	21,352	2007	2010
MAA Valley Ranch	Irving, TX	—		5,072	37,397	—	17,925	5,072	55,322	60,394	(25,238)	35,156	1997	2013
MAA Las Colinas	Irving, TX	—	(2)	3,902	40,691	—	5,363	3,902	46,054	49,956	(17,049)	32,907	2006	2013
MAA Remington Hills	Irving, TX	—		4,390	21,822	—	18,507	4,390	40,329	44,719	(16,237)	28,482	1984	2013
MAA Times Square	McKinney, TX	—		1,130	28,058	—	7,673	1,130	35,731	36,861	(16,342)	20,519	2009	2010
MAA Stonebridge Ranch	McKinney, TX	—		4,034	19,528	—	5,773	4,034	25,301	29,335	(8,528)	20,807	2000	2013
MAA Market Center	Plano, TX	—		16,894	110,705	—	8,587	16,894	119,292	136,186	(28,139)	108,047	2013/15	2014
MAA Highwood	Plano, TX	—		864	7,783	—	4,707	864	12,490	13,354	(9,237)	4,117	1983	1998
MAA Los Rios	Plano, TX	—		3,273	28,823	—	10,213	3,273	39,036	42,309	(24,904)	17,405	2000	2003
MAA Boulder Ridge	Roanoke, TX	—		3,382	26,930	—	10,672	3,382	37,602	40,984	(21,698)	19,286	1999	2005
MAA Copper Ridge	Roanoke, TX	—		4,166	—	—	49,433	4,166	49,433	53,599	(14,469)	39,130	2009/20	2008
MAA Ashton Oaks	Round Rock, TX	—		5,511	36,241	—	5,051	5,511	41,292	46,803	(17,151)	29,652	2009	2013
MAA Round Rock	Round Rock, TX	—		4,691	45,379	—	5,369	4,691	50,748	55,439	(20,685)	34,754	1997	2013
MAA Sierra Vista	Round Rock, TX	—		2,561	16,488	—	6,726	2,561	23,214	25,775	(10,319)	15,456	1999	2013
Alamo Ranch	San Antonio, TX	—		2,380	26,982	—	5,284	2,380	32,266	34,646	(14,316)	20,330	2009	2011
Bulverde Oaks	San Antonio, TX	—		4,257	36,759	—	3,732	4,257	40,491	44,748	(10,164)	34,584	2014	2014
Haven at Blanco	San Antonio, TX	—		5,411	45,958	—	6,368	5,411	52,326	57,737	(20,734)	37,003	2010	2012
Stone Ranch at Westover Hills	San Antonio, TX	—		4,000	24,992	—	5,234	4,000	30,226	34,226	(14,503)	19,723	2009	2009
Cypresswood Court	Spring, TX	—		576	5,190	—	6,831	576	12,021	12,597	(7,635)	4,962	1984	1994
Villages at Kirkwood	Stafford, TX	—		1,918	15,846	—	6,030	1,918	21,876	23,794	(12,877)	10,917	1996	2004
Green Tree Place	Woodlands, TX	—		539	4,850	—	6,051	539	10,901	11,440	(7,545)	3,895	1984	1994
Stonefield Commons	Charlottesville, VA	—		11,044	36,689	—	2,704	11,044	39,393	50,437	(10,220)	40,217	2013	2014
Adalay Bay	Chesapeake, VA	—		5,280	31,341	—	5,116	5,280	36,457	41,737	(15,394)	26,343	2002	2012
Apartments at Cobblestone Square	Fredericksburg, VA	—		10,990	48,696	—	5,112	10,990	53,808	64,798	(15,688)	49,110	2012	2016
Colonial Village at Greenbrier	Fredericksburg, VA	—		4,842	21,677	—	6,154	4,842	27,831	32,673	(10,386)	22,287	1980	2013
Seasons at Celebrate Virginia	Fredericksburg, VA	—		14,490	32,083	—	43,922	14,490	76,005	90,495	(25,117)	65,378	2011	2011
Station Square at Cosner's Corner	Fredericksburg, VA	—		12,825	51,078	—	4,233	12,825	55,311	68,136	(14,259)	53,877	2013/16	2013
Colonial Village at Hampton Glen	Glen Allen, VA	—		4,851	21,678	—	5,298	4,851	26,976	31,827	(11,420)	20,407	1986	2013
Colonial Village at West End	Glen Allen, VA	—		4,661	18,908	—	4,262	4,661	23,170	27,831	(9,723)	18,108	1987	2013
Township in Hampton Woods	Hampton, VA	—		1,509	8,189	—	11,521	1,509	19,710	21,219	(13,560)	7,659	1987	1995
Colonial Village at Waterford	Midlothian, VA	—		6,733	29,221	—	7,556	6,733	36,777	43,510	(15,891)	27,619	1989	2013
Radius	Newport News, VA	—		5,040	36,481	—	8,156	5,040	44,637	49,677	(11,015)	38,662	2012	2015
Ashley Park	Richmond, VA	—		4,761	13,365	—	4,590	4,761	17,955	22,716	(8,328)	14,388	1988	2013
Colonial Village at Chase Gayton	Richmond, VA	—		6,021	29,004	—	7,403	6,021	36,407	42,428	(15,129)	27,299	1984	2013
Hamptons at Hunton Park	Richmond, VA	—		4,930	35,598	—	7,998	4,930	43,596	48,526	(18,611)	29,915	2003	2011
Retreat at West Creek	Richmond, VA	—		10,112	36,136	—	16,358	10,112	52,494	62,606	(11,795)	50,811	2015/17	2015
Post Carlyle Square	Washington D.C.	—		29,728	154,309	—	6,700	29,728	161,009	190,737	(43,358)	147,379	2006/13	2016
Post Corners at Trinity Center	Washington D.C.	—		7,664	70,012	—	6,007	7,664	76,019	83,683	(20,197)	63,486	1996	2016

Initial Cost · Costs Capitalized Subsequentto Acquisition · Gross Amount carried as ofDecember 31, 2023
Property · Location · Encumbrances · Land · Buildingsand Fixtures · Land · Buildingsand Fixtures · Land · Buildingsand Fixtures · Total (3) · AccumulatedDepreciation (4) · Net · Date ofConstruction · DateAcquired
Post Fallsgrove	Washington D.C.	—		17,524	58,896	—	7,234	17,524	66,130	83,654	(18,422)	65,232	2003	2016
MAA National Landing	Washington D.C.	—		30,452	125,091	—	18,673	30,452	143,764	174,216	(40,178)	134,038	2001	2016
Post Tysons Corner	Washington D.C.	—		30,776	82,021	—	13,144	30,776	95,165	125,941	(25,326)	100,615	1990	2016
Total Residential Properties		—		1,903,416	10,093,055	—	3,189,542	1,903,416	13,282,597	15,186,013	(4,773,253)	10,412,760
220 Riverside Retail	Jacksonville, FL	—		119	2,902	—	1,060	119	3,962	4,081	(612)	3,469	2015	2019
MAA Parkside Retail	Orlando, FL	—		742	11,924	—	1,564	742	13,488	14,230	(3,670)	10,560	1999	2016
MAA Robinson Retail	Orlando, FL	—		—	563	—	248	—	811	811	(48)	763	2021	2018
MAA Harbour Island Retail	Tampa, FL	—		386	4,315	—	403	386	4,718	5,104	(1,226)	3,878	1997	2016
MAA Rocky Point Retail	Tampa, FL	—		34	51	—	423	34	474	508	(305)	203	1994-1996	2016
MAA SoHo Square Retail	Tampa, FL	—	(1)	268	4,033	—	51	268	4,084	4,352	(1,550)	2,802	2012	2016
MAA Buckhead Retail	Atlanta, GA	—		867	3,465	—	1,008	867	4,473	5,340	(1,592)	3,748	2012	2012
MAA Piedmont Park Retail	Atlanta, GA	—		426	1,089	—	33	426	1,122	1,548	(310)	1,238	1999	2016
MAA Riverside Office	Atlanta, GA	—		9,680	22,108	—	14,179	9,680	36,287	45,967	(10,872)	35,095	1996	2016
MAA Riverside Retail	Atlanta, GA	—		889	2,340	—	2,698	889	5,038	5,927	(1,362)	4,565	1996	2016
Post Training Facility	Atlanta, GA	—		1,092	968	—	33	1,092	1,001	2,093	(565)	1,528	1999	2016
MAA West Village Retail	Smyrna, GA	—		3,408	8,446	—	2,001	3,408	10,447	13,855	(3,255)	10,600	2012	2014
The Denton Retail	Kansas City, MO	—		700	4,439	—	1,377	700	5,816	6,516	(1,443)	5,073	2014	2015
MAA 1225 Retail	Charlotte, NC	—		52	199	—	249	52	448	500	(209)	291	2010	2010
MAA Gateway Retail	Charlotte, NC	—		318	1,430	—	91	318	1,521	1,839	(423)	1,416	2000	2016
MAA South Line Retail	Charlotte, NC	—		470	1,289	—	291	470	1,580	2,050	(430)	1,620	2009	2016
MAA Uptown Retail	Charlotte, NC	—		319	1,144	—	25	319	1,169	1,488	(317)	1,171	1998	2016
MAA Leasing Center	Charlotte, NC	—		1,290	1,488	—	193	1,290	1,681	2,971	(472)	2,499	1998	2016
MAA Hue Retail	Raleigh, NC	—		—	2,129	—	100	—	2,229	2,229	(412)	1,817	2010	2018
MAA Wade Park Retail	Raleigh, NC	—		317	4,552	—	166	317	4,718	5,035	(1,665)	3,370	2011	2016
The Greene Retail	Greenville, SC	—		—	—	—	—	—	—	—	—	—	2019	2019
MAA South Lamar Retail	Austin, TX	—		421	3,072	—	689	421	3,761	4,182	(971)	3,211	2011	2016
MAA Frisco Bridges Retail	Dallas, TX	—		779	6,593	—	755	779	7,348	8,127	(2,219)	5,908	2009	2016
MAA McKinney Avenue Retail	Dallas, TX	—		1,581	5,982	—	475	1,581	6,457	8,038	(1,697)	6,341	1996	2016
MAA Worthington Retail	Dallas, TX	—		108	495	—	422	108	917	1,025	(259)	766	1993/2008	2016
MAA Addison Circle Office	Dallas, TX	—		1,395	4,280	—	2,262	1,395	6,542	7,937	(1,985)	5,952	1998-2000	2016
MAA Addison Circle Retail	Dallas, TX	—		448	21,386	—	3,302	448	24,688	25,136	(7,100)	18,036	1998-2000	2016
MAA North Hall Retail	Dallas, TX	—		347	716	—	141	347	857	1,204	(270)	934	1998	2016
MAA Eastside Retail	Dallas, TX	—		682	10,645	—	774	682	11,419	12,101	(3,083)	9,018	2008	2016
MAA Heights Retail	Dallas, TX	—		1,065	3,314	—	924	1,065	4,238	5,303	(1,087)	4,216	1997	2016
MAA Katy Trail Retail	Dallas, TX	—		465	4,883	—	101	465	4,984	5,449	(1,284)	4,165	2010	2016
MAA Legacy Retail	Dallas, TX	—	(1)	150	3,334	—	449	150	3,783	3,933	(992)	2,941	2000	2016
Post Midtown Square Retail	Houston, TX	—		1,322	16,005	—	602	1,322	16,607	17,929	(4,480)	13,449	1999/2013	2016
Rise Condo Devel LP Retail	Houston, TX	—		—	2,280	—	68	—	2,348	2,348	(639)	1,709	1999/2013	2016
MAA Bella Casita Retail	Irving, TX	—		46	186	—	221	46	407	453	(169)	284	2007	2010
MAA Times Square Retail	McKinney, TX	—		253	1,310	—	5,996	253	7,306	7,559	(1,764)	5,795	2009	2010
Post Carlyle Square Retail	Washington D.C.	—		1,048	7,930	—	283	1,048	8,213	9,261	(2,186)	7,075	2006/16	2016
Total Retail / Commercial Properties		—		31,487	171,285	—	43,657	31,487	214,942	246,429	(60,923)	185,506
Novel Daybreak	Salt Lake City, UT	—		7,025	—	—	84,602	7,025	84,602	91,627	(1,457)	90,170	N/A	2021
Novel Val Vista	Phoenix, AZ	—		7,285	—	—	63,944	7,285	63,944	71,229	—	71,229	N/A	2020
MAA Milepost 35	Denver, CO	—		12,572	—	—	83,058	12,572	83,058	95,630	—	95,630	N/A	2022
MAA Nixie	Raleigh, NC	—		9,880	—	—	41,206	9,880	41,206	51,086	—	51,086	N/A	2022
MAA Breakwater	Tampa, FL	—		23,514	—	—	72,435	23,514	72,435	95,949	—	95,949	N/A	2022
Total Active Development Properties		—		60,276	—	—	345,245	60,276	345,245	405,521	(1,457)	404,064
Total Properties		—		1,995,179	10,264,340	—	3,578,444	1,995,179	13,842,784	15,837,963	(4,835,633)	11,002,330
Total Land Held for Future Developments		—		73,861	—	—	—	73,861	—	73,861	—	73,861	N/A	Various
Total Properties in Predevelopment		—		36,224	—	—	17,219	36,224	17,219	53,443	—	53,443	N/A	Various
Corporate Properties		—		—	41,351	—	—	—	41,351	41,351	(29,057)	12,294	Various	Various
Total Other		—		110,085	41,351	—	17,219	110,085	58,570	168,655	(29,057)	139,598
Total Real Estate Assets, net of Real Estate Joint Venture		$—		$2,105,264	$10,305,691	$—	$3,595,663	$2,105,264	$13,901,354	$16,006,618	$(4,864,690)	$11,141,928

(1)

Encumbered by a $191.3 million secured property mortgage, with a fixed interest rate of 4.43%, which matures on February 10, 2049.

(2)

Encumbered by a $172.0 million secured property mortgage, with a fixed interest rate of 4.44%, which matures on January 10, 2049.

(3)

The aggregate cost for federal income tax purposes was approximately $12.7 billion(unaudited) as of December 31, 2023. The aggregate cost for book purposes exceeds the total gross amount of real estate assets for federal income tax purposes, principally due to purchase accounting adjustments recorded under accounting principles generally accepted in the United States of America.

(4)

Depreciation is recognized on a straight-line basis over the estimated useful asset life, which ranges from five to 40 years for land improvements and buildings, three tofive years for furniture, fixtures and equipment and approximately six months for the fair market value of in-place residential leases.

Schedule III— Real Estate and Accumulated Depreciation

The following table summarizes the Company’s changes in real estate investments and accumulated depreciation for the years ended December 31, 2023, 2022 and 2021 (dollars in thousands):

	2023	2022	2021
Real estate investments:
Balance at beginning of year	$15,246,658	$14,704,237	$14,338,895
Acquisitions (1)	223,735	272,342	44,086
Less: fair market value of leases included in acquisitions	(2,050)	(1,505)	—
Improvement and development	546,237	469,661	506,775
Disposition of real estate assets (2)	(7,962)	(198,077)	(185,519)
Balance at end of year	$16,006,618	$15,246,658	$14,704,237
Accumulated depreciation:
Balance at beginning of year	$4,302,747	$3,848,161	$3,415,105
Depreciation	562,760	540,708	531,848
Disposition of real estate assets (2)	(817)	(86,122)	(98,792)
Balance at end of year	$4,864,690	$4,302,747	$3,848,161

(1)

Includes non-cash activity related to acquisitions.

(2)

Includes assets sold, casualty losses and removal of certain fully depreciated assets.

See accompanying reports of independent registered public accounting firm.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.