Mid-America Apartment Communities, Inc. (MAA)

MAA Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Property, Plant & Equipment	11,365	11,111	10,924	10,879	10,912	10,963
Total Real Estate Assets	11,439	11,184	10,989	10,903	10,973	10,997
Cash & Equivalents	50.23	41.31	38.66	54.3	25.2	20.48
Investment In Debt and Equity Securities	3.3	18.6	8	-	-	-
Other Intangible Assets	-	-	-	-	1.3	2.6
Restricted Cash	13.83	13.78	22.41	76.3	10.42	50.07
Other Current Assets	32.82	31.9	13.4	34.5	39	36.5
Trading Asset Securities	-	-	-	-	-	0.1
Other Long-Term Assets	217.42	194.48	170.18	217.01	145.69	123.46
Total Assets	11,756	11,485	11,241	11,285	11,195	11,230
Current Portion of Long-Term Debt	-	399.66	-	-	-	-
Current Portion of Leases	0.74	2.95	-	-	-	-
Long-Term Debt	4,386	3,646	4,415	4,517	4,391	4,455
Long-Term Leases	25.71	24.39	28.67	30.25	31.74	33.1
Accounts Payable	-	-	-	-	86.22	-
Accrued Expenses	686.52	207.13	188.31	197.75	184.96	250.86
Current Unearned Revenue	-	65.18	65.13	59.94	48.78	42
Other Current Liabilities	13.2	345.51	333.73	296.46	176.57	146.3
Other Long-Term Liabilities	22.52	19.17	20.67	30.19	15.4	14.13
Total Liabilities	5,625	5,205	5,051	5,131	5,106	4,941
Preferred Stock, Redeemable	0.01	0.01	0.01	0.01	0.01	0.01
Common Stock	1.17	1.17	1.15	1.15	1.14	1.14
Additional Paid-In Capital	7,414	7,400	7,203	7,231	7,177	7,166
Distributions in Excess of Earnings	-1,459	-1,298	-1,189	-1,256	-1,294	-1,085
Comprehensive Income & Other	-7.36	-8.76	-10.05	-11.13	-12.13	-13.18
Total Common Equity	5,949	6,094	6,005	5,965	5,872	6,069
Minority Interest	182.92	185.88	184.66	188.73	216.78	220.89
Shareholders' Equity	6,132	6,280	6,190	6,154	6,088	6,289
Total Liabilities & Equity	11,756	11,485	11,241	11,285	11,195	11,230
Total Debt	4,902	4,568	4,444	4,547	4,594	4,488
Net Cash / Debt	-4,852	-4,526	-4,405	-4,493	-4,569	-4,467
Net Cash Per Share	-41.56	-38.80	-38.11	-39.05	-39.91	-39.15
Filing Date Shares Outstanding	116.88	116.72	116.6	115.34	114.39	114.27
Total Common Shares Outstanding	116.88	116.69	115.48	115.34	114.37	114.25
Book Value Per Share	50.90	52.22	52.00	51.72	51.34	53.12
Tangible Book Value	5,949	6,094	6,005	5,965	5,870	6,066
Tangible Book Value Per Share	50.90	52.22	52.00	51.72	51.33	53.10
Land	2,085	2,031	2,008	1,978	1,929	1,906
Buildings	13,957	13,516	12,842	12,454	12,065	11,842
Construction In Progress	499.62	385.41	332.04	247.97	283.48	116.42

Source: S&P Capital IQ. Real Estate template. Financial Sources.