For the year ending 2025-12-31, MAA-PI had $17,214K increase in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net income | - | 541,576 | - | 654,776 |
| Depreciation and amortization | - | 586,402 | - | 544,004 |
| (gain) loss on sale of depreciable real estate assets | - | 55,003 | - | 214,762 |
| Gain on sale of non-depreciable real estate assets | - | 0 | - | 809 |
| Gain on consolidation of third-party development | - | 11,239 | - | - |
| Loss (gain) on embedded derivative in preferred shares | - | -18,751 | - | -21,107 |
| Stock compensation expense | - | 15,789 | - | 18,798 |
| Amortization of debt issuance costs, discounts and premiums | - | 6,036 | - | 6,064 |
| Loss (gain) on investments | - | - | - | -45,357 |
| (gain) loss on investments | - | 7,809 | - | - |
| Net change in operating accounts and other operating activities | - | 3,789 | - | -16,056 |
| Net income | 456,566 | 541,576 | 567,831 | - |
| Depreciation and amortization | 622,969 | - | 565,857 | - |
| (gain) loss on sale of depreciable real estate assets | 72,066 | - | -62 | - |
| Gain on sale of non-depreciable real estate assets | 0 | - | 54 | - |
| Gain on consolidation of third-party development | 0 | - | - | - |
| (gain) loss on embedded derivative in preferred shares | 1,111 | - | 18,528 | - |
| Stock compensation expense | 16,839 | - | 15,699 | - |
| Amortization of debt issuance costs, discounts and premiums | 6,564 | - | 5,909 | - |
| Gain on investments | 7,457 | - | 4,449 | - |
| Net cash provided by operating activities | - | 1,098,292 | - | 1,058,479 |
| Change in accrued expenses and other liabilities | 46,618 | - | - | - |
| Purchases of real estate and other assets-Limited Partnership | - | 301,071 | - | 271,428 |
| Net change in other operating accounts and operating activities | 9,253 | - | 4,860 | - |
| Capital improvements and other-Limited Partnership | - | 322,372 | - | 296,176 |
| Net cash provided by operating activities | 1,078,175 | - | 1,137,187 | - |
| Development costs-Limited Partnership | - | 313,888 | - | 172,124 |
| Purchases of real estate and other assets | 133,447 | 301,071 | 223,453 | - |
| Distributions from real estate joint venture-Limited Partnership | - | 327 | - | 538 |
| Capital improvements and other | 360,238 | 322,372 | 341,224 | - |
| Contributions to affiliates-Limited Partnership | - | 2,874 | - | 13,849 |
| Development costs | 272,030 | 313,888 | 198,152 | - |
| Proceeds from real estate asset dispositions-Limited Partnership | - | 84,209 | - | 320,491 |
| Distributions from real estate joint venture | 337 | 327 | 312 | - |
| Proceeds from sale of markable equity securities-Limited Partnership | - | 9,975 | - | - |
| Contributions to affiliates | 9,850 | 2,874 | 16,636 | - |
| Net proceeds from insurance recoveries-Limited Partnership | - | 20,195 | - | - |
| Proceeds from real estate asset dispositions | 81,353 | 84,209 | 2,946 | - |
| Proceeds from sale of markable equity securities | 0 | 10,000 | - | - |
| Proceeds from insurance recoveries | - | - | - | 27,312 |
| Net proceeds from insurance recoveries | 3,657 | 20,195 | 945 | - |
| Net cash used in investing activities | -690,218 | -825,499 | -775,262 | -405,236 |
| Proceeds from revolving credit facility | - | - | - | 0 |
| Net proceeds from (payments of) commercial paper | 426,000 | - | 475,000 | - |
| Repayments of revolving credit facility | - | - | - | 0 |
| Proceeds from notes payable | 397,416 | - | 0 | - |
| Net (payments of) proceeds from commercial paper | - | -245,000 | - | 20,000 |
| Principal payments on notes payable | 400,000 | - | 353,861 | - |
| Proceeds from notes payable | - | 1,091,646 | - | 0 |
| Payment of deferred financing costs | 10,911 | - | 2 | - |
| Principal payments on notes payable | - | 400,000 | - | 126,401 |
| Repurchase of common shares | 27,235 | - | - | - |
| Payment of deferred financing costs | - | 10,317 | - | 5,516 |
| Distributions to noncontrolling interests | 18,222 | - | 17,671 | - |
| Distributions paid on common units | - | 705,160 | - | 554,532 |
| Dividends paid on common shares | 709,024 | - | 651,717 | - |
| Distributions paid on preferred units | - | 3,688 | - | 3,688 |
| Dividends paid on preferred shares | 3,688 | - | 3,688 | - |
| Proceeds from issuances of common shares | 1,452 | 1,230 | 205,070 | - |
| Acquisition of noncontrolling interests | 26,786 | - | 15,757 | 43,070 |
| Net change in other financing activities | 255 | 166 | -5,279 | -9,563 |
| Net cash used in financing activities | -370,743 | -271,123 | -367,905 | -722,770 |
| Net (decrease) increase in cash, cash equivalents and restricted cash | - | - | - | -69,527 |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 17,214 | 1,670 | -5,980 | - |
| Cash and cash equivalents at beginning of period | 56,761 | 55,091 | 61,071 | 130,598 |
| Cash and cash equivalents at end of period | 73,975 | 56,761 | 55,091 | 61,071 |
MID AMERICA APARTMENT COMMUNITIES INC. (MAA-PI)
MID AMERICA APARTMENT COMMUNITIES INC. (MAA-PI)