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MAA Reports First Quarter Results


MAA Reports First Quarter Results
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GERMANTOWN, Tenn., April 28, 2021 /PRNewswire/ Mid-America Apartment Communities, Inc., or MAA (NYSE: MAA), today announced operating results for the quarter ended March 31, 2021.
First Quarter 2021 Operating Results
Three months ended March
$
$
$
1.62
A reconciliation of FFO and Core FFO to net income available for MAA common shareholders and an expanded discussion of the components of FFO and Core FFO can be found later in this release. FFO per Share – diluted and Core FFO per Share –diluted include diluted common shares and units. 
Eric Bolton, Chairman and Chief Executive Officer, said, First quarter results were ahead of expectations.  We are encouraged with the trends in rent growth and continued strong occupancy, reflecting the growing demand for apartment housing across our Sunbelt markets.  We believe our uniquely diversified ....

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MAA Reports Fourth Quarter And Full Year Results


MAA Reports Fourth Quarter And Full Year Results
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GERMANTOWN, Tenn., Feb. 3, 2021 /PRNewswire/  Mid-America Apartment Communities, Inc., or MAA (NYSE: MAA), today announced operating results for the quarter and year ended December 31, 2020.
Net Income Available for Common Shareholders
For the quarter ended December 31, 2020, net income available for MAA common shareholders was $82.4 million, or $0.72 per diluted common share, compared to $148.7 million, or $1.30 per diluted common share, for the quarter ended December 31, 2019.  Results for the quarter ended December 31, 2020, included $17.2 million, or $0.15 per diluted common share, of non-cash income related to the fair value adjustment of the embedded derivative in the MAA Series I preferred shares.  Results for the quarter ended December 31, 2019, included $82.8 million, or $0.72 per diluted common share, of gains related to the sale of re ....

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