Mid-America Apartment Communities, Inc. (MAA)

MAA Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Property, Plant & Equipment	11,467	11,441	11,111	10,924	10,879	10,912
Total Real Estate Assets	11,541	11,514	11,184	10,989	10,903	10,973
Cash & Equivalents	54.48	43.02	41.31	38.66	54.3	25.2
Investment In Debt and Equity Securities	1.9	3.3	18.6	8	-	-
Other Intangible Assets	-	1	1.6	-	-	1.3
Restricted Cash	13.63	13.74	13.78	22.41	76.3	10.42
Other Current Assets	14.4	20.96	31.9	13.4	34.5	39
Other Long-Term Assets	210.63	216.08	192.88	170.18	217.01	145.69
Total Assets	11,836	11,812	11,485	11,241	11,285	11,195
Current Portion of Long-Term Debt	399.74	399.34	-	-	-	-
Current Portion of Leases	1.53	3.04	-	-	-	-
Long-Term Debt	4,333	4,332	4,045	4,415	4,517	4,391
Long-Term Leases	23.71	23.05	27.34	28.67	30.25	31.74
Accounts Payable	-	-	-	-	-	86.22
Accrued Expenses	665.12	202.66	207.13	188.31	197.75	184.96
Current Unearned Revenue	-	64.63	65.18	65.13	59.94	48.78
Other Current Liabilities	6.7	390.37	345.51	333.73	296.46	176.57
Other Long-Term Liabilities	21.14	22.23	19.17	20.67	30.19	15.4
Total Liabilities	5,766	5,687	5,205	5,051	5,131	5,106
Preferred Stock, Redeemable	0.01	0.01	0.01	0.01	0.01	0.01
Common Stock	1.17	1.17	1.17	1.15	1.15	1.14
Additional Paid-In Capital	7,432	7,417	7,400	7,203	7,231	7,177
Distributions in Excess of Earnings	-1,535	-1,470	-1,298	-1,189	-1,256	-1,294
Comprehensive Income & Other	-6.11	-6.94	-8.76	-10.05	-11.13	-12.13
Total Common Equity	5,891	5,942	6,094	6,005	5,965	5,872
Minority Interest	177.91	183.3	185.88	184.66	188.73	216.78
Shareholders' Equity	6,069	6,125	6,280	6,190	6,154	6,088
Total Liabilities & Equity	11,836	11,812	11,485	11,241	11,285	11,195
Total Debt	5,073	5,007	4,568	4,444	4,547	4,594
Net Cash (Debt)	-5,019	-4,964	-4,526	-4,405	-4,493	-4,569
Net Cash Per Share	-42.90	-42.51	-38.80	-38.11	-39.05	-39.91
Filing Date Shares Outstanding	117.07	116.9	116.72	116.6	115.34	114.39
Total Common Shares Outstanding	117.07	116.88	116.69	115.48	115.34	114.37
Book Value Per Share	50.32	50.84	52.22	52.00	51.72	51.34
Tangible Book Value	5,891	5,941	6,092	6,005	5,965	5,870
Tangible Book Value Per Share	50.32	50.83	52.21	52.00	51.72	51.33
Land	2,106	2,097	2,031	2,008	1,978	1,929
Buildings	14,469	14,161	13,516	12,842	12,454	12,065
Construction In Progress	484.96	470.28	385.41	332.04	247.97	283.48

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q