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MID AMERICA APARTMENT COMMUNITIES INC

For the period ended Dec 31, 2024. Filed Feb 7, 2025.

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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.

FY2024 · Filed Feb 7, 2025

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

Consolidated Statements of Equity for the

Consolidated Stat ements of Equity

(Dollars and shares in thousands)

Mid-America Apartment Communities, Inc. Shareholders · Noncontrolling
Preferred Stock · Common Stock · Additional · AccumulatedDistributions · AccumulatedOther · NoncontrollingInterests - · Interests -Consolidated · Redeemable
SharesAmountSharesAmountPaid-InCapitalin Excess ofNet IncomeComprehensiveLossOperatingPartnershipReal EstateEntitiesTotal EquityCommonStock
EQUITY BALANCE DECEMBER 31, 2021868$9115,205$1,151$7,230,956$(1,255,807)$(11,132)$165,116$23,614$6,153,907$30,185
Net income (loss)—————637,436—17,633(293)654,776—
Other comprehensive income - derivative instruments——————1,08034—1,114—
Issuance and registration of common shares——1691(124)————(123)1,687
Shares repurchased and retired——(71)—(14,043)————(14,043)—
Exercise of stock options————28————28—
Shares issued in exchange for common units——41—2,118——(2,118)———
Shares reclassified to liabilities——————————(2,148)
Redeemable stock fair market value adjustment—————9,053———9,053(9,053)
Adjustment for noncontrolling interests in Operating Partnership————1,199——(1,199)———
Amortization of unearned compensation————20,143————20,143—
Dividends on preferred stock—————(3,688)———(3,688)—
Dividends on common stock ($4.9875 per share)—————(575,848)———(575,848)—
Distributions on noncontrolling interests units ($4.9875 per unit)———————(15,871)—(15,871)—
Acquisition of noncontrolling interest————(37,443)———(5,627)(43,070)—
Contributions from noncontrolling interest————————3,3703,370—
EQUITY BALANCE DECEMBER 31, 2022868$9115,344$1,152$7,202,834$(1,188,854)$(10,052)$163,595$21,064$6,189,748$20,671
Net income—————552,806—14,96362567,831—
Other comprehensive income - derivative instruments——————1,28838—1,326—
Issuance and registration of common shares——1,24412203,333————203,3452,135
Shares repurchased and retired——(57)—(7,870)————(7,870)—
Shares issued in exchange for common units——21—1,092——(1,092)———
Shares issued in exchange for redeemable stock———4577————581(581)
Redeemable stock fair market value adjustment—————3,058———3,058(3,058)
Adjustment for noncontrolling interests in Operating Partnership————(3,486)——3,486———
Amortization of unearned compensation————18,198————18,198—
Dividends on preferred stock—————(3,688)———(3,688)—
Dividends on common stock ($5.6700 per share)—————(661,585)———(661,585)—
Distributions on noncontrolling interests units ($5.6700 per unit)———————(17,862)—(17,862)—
Acquisition of noncontrolling interest————(14,757)———(1,000)(15,757)—
Contributions from noncontrolling interest————————2,6302,630—
EQUITY BALANCE DECEMBER 31, 2023868$9116,552$1,168$7,399,921$(1,298,263)$(8,764)$163,128$22,756$6,279,955$19,167
Net income—————527,543—14,033—541,576—
Other comprehensive income - derivative instruments——————1,82454—1,878—
Issuance and registration of common shares——1582(725)————(723)2,420
Shares repurchased and retired——(38)(1)(4,973)————(4,974)—
Shares issued in exchange for common units——6813,528——(3,529)———
Shares issued in exchange for redeemable stock———(4)2,073————2,069(2,069)
Redeemable stock fair market value adjustment—————(2,712)———(2,712)2,712
Adjustment for noncontrolling interests in Operating Partnership————(21)——21———
Amortization of unearned compensation————17,650————17,650—
Dividends on preferred stock—————(3,688)———(3,688)—
Dividends on common stock ($5.9250 per share)—————(692,437)———(692,437)—
Distributions on noncontrolling interests units ($5.9250 per unit)———————(18,298)—(18,298)—
Contributions from noncontrolling interest————————5,1385,138—
EQUITY BALANCE DECEMBER 31, 2024868$9116,740$1,166$7,417,453$(1,469,557)$(6,940)$155,409$27,894$6,125,434$22,230
ContentsView on SEC.gov

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