Total equity and its components for the six-month periods ended June 30, 2013, and 2012 were as follows (dollars in thousands, except per share and per unit data):



	Mid-America Apartment Communities, Inc. Shareholders
	Common Stock Amount		Additional Paid-In Capital			Accumulated Distributions in Excess of Net Income			Accumulated Other Comprehensive Income (Loss)			Noncontrolling Interest			Total Equity
EQUITY BALANCE DECEMBER 31, 2012	$	422	$	1,542,999		$	(603,315	)	$	(26,054	)	$	31,058		$	945,110
Net income						80,269						2,764			83,033
Other comprehensive income - derivative instruments (cash flow hedges)									19,718			681			20,399
Issuance and registration of common shares	4		24,965												24,969
Shares repurchased and retired	—		(673		)										(673		)
Shares issued in exchange for units	1		442									(443		)	—
Redeemable stock fair market value						(431		)							(431		)
Adjustment for noncontrolling interest ownership in operating partnership			186									(186		)	—
Amortization of unearned compensation			1,171												1,171
Dividends on common stock ($1.3900 per share)						(59,407		)				—			(59,407		)
Dividends on noncontrolling interest units ($1.3900 per unit)												(2,374		)	(2,374		)
EQUITY BALANCE JUNE 30, 2013	$	427	$	1,569,090		$	(582,884	)	$	(6,336	)	$	31,500		$	1,011,797



	Mid-America Apartment Communities, Inc. Shareholders
	Common Stock Amount		Additional Paid-In Capital			Accumulated Distributions in Excess of Net Income			Accumulated Other Comprehensive Income (Loss)			Noncontrolling Interest			Total Equity
EQUITY BALANCE DECEMBER 31, 2011	$	389	$	1,375,623		$	(621,833	)	$	(35,848	)	$	25,131		$	743,462
Net income						52,050						2,490			54,540
Other comprehensive income - derivative instruments (cash flow hedges)									4,957			242			5,199
Issuance and registration of common shares	20		120,130												120,150
Shares repurchased and retired	—		(1,640		)										(1,640		)
Shares issued in exchange for units	1		2,515									(2,516		)	—
Redeemable stock fair market value						(375		)							(375		)
Adjustment for noncontrolling interest ownership in operating partnership			(3,687		)							3,687			—
Amortization of unearned compensation			1,231												1,231
Dividends on common stock ($1.3200 per share)						(54,146		)				—			(54,146		)
Dividends on noncontrolling interest units ($1.3200 per unit)												(2,458		)	(2,458		)
EQUITY BALANCE JUNE 30, 2012	$	410	$	1,494,172		$	(624,304	)	$	(30,891	)	$	26,576		$	865,963