Ticker
Reporting Basis
Period
From
To
Form Type
Report Format
Update Type


MID-AMER APT CM   FYE=12 (December)

Annual - Income Statement - Company Specific

Fiscal period2018201720162015201420132012201120102009
Period End Date12/31/201812/31/201712/31/201612/31/201512/31/201412/31/201312/31/201212/31/201112/31/201012/31/2009
Rental revenues1,571.351,528.991,125.351,042.78902.18580.96436.66373.80348.52353.13
Management fee income--------0.150.650.901.020.680.29
Interest and other non-property income--------------------
Equity in loss of real estate joint venture--------------------
Other property revenues--------90.0053.8838.3334.9730.9420.94
Total operating revenues1,571.351,528.991,125.351,042.78992.33635.49475.89409.78380.14374.37
Property operating expenses371.10364.19280.57271.03------------
Utilities--------89.1551.7425.9423.8522.5722.00
Personnel--------101.5968.3054.3648.9447.8247.00
Building repairs and maintenance--------30.7220.3115.0313.7313.7613.94
Landscaping--------20.1113.3210.459.649.569.44
Property management expenses47.6343.5934.0930.9932.1023.0821.2819.9718.0417.22
Real estate taxes and insurance223.49212.54142.78129.62123.4276.9255.0246.9443.2245.05
Depreciation----------186.98121.21106.0198.3895.08
Depreciation and amortization489.76493.71322.96294.52301.81----------
General and administrative expenses34.7940.1929.0425.7220.9115.5713.7618.1212.3511.32
Other operating--------(28.36)(23.05)(33.35)(30.46)(26.66)(20.13)
Acquisition expense--------(2.39)(1.39)(1.58)(3.32)(2.51)--
Integration related expenses--------(8.40)(5.10)--------
Merger-related expenses(9.11)(19.99)(40.82)--(3.15)----------
Income (Loss) from Operating------290.91------------
Interest expense173.59154.75129.95122.34123.9578.9857.9456.3854.6356.99
Acquisition expenses------------------(0.95)
Merger related expenses----------(32.40)--------
Gain on sale of non-depreciable assets4.530.022.17--------1.080.000.02
Gain on sale of depreciable real estate assets excluded from discontinued operations(0.04)127.3980.40189.9642.65----------
Gain (Loss) on sale of non-depreciable real estate assets------0.170.35--0.05------
Loss on debt extinguishment--------(2.59)(0.43)(0.65)(0.76)0.00(0.14)
Gain on disposition within real estate joint ventures----------------0.75--
Income (loss) from investments in real estate joint ventures----------------(1.15)(0.82)
Minority interest in operating partnership income--------------------
Interest and other non-property income------(6.27)0.770.470.430.800.900.39
Amortization of deferred financing costs------------(3.55)(2.90)(2.63)(2.37)
Incentive fee from real estate joint ventures--------------------
Net gain on insurance and other settlement proceeds--------(0.48)(0.14)(0.01)(0.62)0.310.03
Other non-operating (expense) income5.4314.35(1.84)--------------
Income (Loss) before income tax expense231.80341.79225.86352.42146.9938.2562.2330.02----
Income tax expense2.612.621.701.672.050.890.800.73----
Gains (loss) from real estate joint ventures1.831.370.240.006.010.34(0.22)(0.59)----
Income from continuing operations------350.75150.9537.6961.2028.7028.8332.34
Discontinued operations: Gain on sale of discontinued operations------------41.6412.800.004.65
Gain on sale of discontinued operations--------5.3976.84--------
Discontinued operations: Income from discontinued operations before asset impairment, settlement proceeds and gain on sa----------0.096.949.742.052.23
Discontinued operations: Asset impairment on discontinued operations--------------------
Discontinued operations: Net gain (loss) on insurance and other settlement proceeds on discontinued operations------------0.05(0.01)----
Discontinued operations:Net loss on insurance and other settlement proceeds on--------(0.06)4.65----0.00--
Income Before Extraordinary Income & Accounting Change--------------------
Extraordinary items--loss on debt extinguishment, net of minority interst--------------------
Consolidated net income (loss)231.02340.54224.40350.75156.28119.28109.8351.2330.8839.22
Net income attributable to noncontrolling interests8.1212.1612.1818.468.304.004.602.411.112.01
Preferred dividend distribution3.693.690.31----------6.5512.87
Premiums and original issuance costs associated with theredemption of preferred stock--------------------
Premiums and original issuance costs associated with the redemption of preferred stock----------------5.15--
Net income (loss) available to common shareholders219.21324.69211.92332.29147.98115.28105.2248.8218.0624.35
Income from continuing operations--------1.900.721.430.740.500.61
Discontinued property operations--------0.071.551.130.580.070.24
Extraordinary items--------------------
Net Earnings Per Share (Basic)1.932.862.694.411.972.272.561.320.570.85
Income from continuing operations--------1.900.711.430.730.490.61
Discontinued property operations--------0.071.541.130.580.070.24
Extraordinary items--------------------
Net Earnings Per Share (Diluted)1.932.862.694.411.972.252.561.310.560.85
Weighted Average Shares Outstanding (Basic)113.64113.4178.5075.1874.9850.6841.0437.0031.8628.34
Weighted Average Shares Outstanding (Diluted)113.84113.6978.8075.1874.9853.1242.9439.0931.9828.42
Funds from operations (FFO)712.69699.56463.39452.37404.09231.03196.31155.54123.91123.91