XML 54 R43.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Shareholders' Equity of MAA - Schedule of Cumulative Redeemable Preferred Stock (Details) - $ / shares
3 Months Ended 12 Months Ended
Mar. 31, 2024
Dec. 31, 2023
Equity [Line Items]    
Preferred Stock, Shares Outstanding 867,846 867,846
Preferred Stock, Liquidation Preference Per Share $ 50 [1] $ 50
Preferred Stock, Redemption Date Oct. 01, 2026  
Preferred Stock, Redemption Price Per Share [2] $ 50  
Preferred Stock, Dividend Rate, Percentage 8.50% 8.50%
Preferred Stock, Dividend Rate, Per-Dollar-Amount $ 4.25  
Redeemable Preferred Stock [Member]    
Equity [Line Items]    
Preferred Stock, Shares Outstanding 867,846  
[1] The total liquidation preference for the outstanding preferred stock is $43.4 million.
[2] The redemption price is the price at which the preferred stock is redeemable, at MAA’s option, for cash.