MID AMERICA APARTMENT COMMUNITIES INC. company info

CIK 912595
IRS Number 621543819
State of incorporation TN
Business address 6815 POPLAR AVENUE
SUITE 500
GERMANTOWN
TN
38138
Mail address 6815 POPLAR AVENUE
SUITE 500
GERMANTOWN
TN
38138

Short summary

MID AMERICA APARTMENT COMMUNITIES INC. is a Tennessee company, with head office located at 6815 Poplar Avenue Germantown, Tennessee 38138. In 2013 the company owned a total of 6.84 billion USD worth of assets. An analysis of the recent trend shows a steady growth of company assets, with a 161.07% growth from the last year and a 242.43% increase in the 4 year period.

MID AMERICA APARTMENT COMMUNITIES INC. Income Statement

Name [in Millions USD]2007200820092010201120122013Trends
Operating Income (Loss) 95.9092.2489.6499.73115.88
Interest expense 62.0157.0956.0057.4252.25
Net income 30.2537.2129.7648.8298.74

MID AMERICA APARTMENT COMMUNITIES INC. Balance Sheet

Name [in Millions USD]2007200820092010201120122013Trends
Cash and cash equivalents 17.196.0825.2512.8422.348.79181.11
Goodwill 4.114.114.114.114.11
Total assets 1,998.042,313.522,599.092,620.726,841.93
Total liabilities 1,497.241,669.081,728.431,835.111,993.20
Accumulated Other Comprehensive Income (Loss), Net of Tax -56.84-42.27-33.38-6.500.11

MID AMERICA APARTMENT COMMUNITIES INC. Cash Flow

Name [in Millions USD]2007200820092010201120122013Trends
Net income 30.2537.2129.7648.8298.74
Depreciation and amortization 95.08103.09100.65126.14
Depreciation 90.1796.02104.06115.61
Depreciation and amortization 00-0.03
Depreciation and amortization 93.1898.39106.69109.22132.20
Accounts payable 0.150.470.110.272.50
Net Cash Provided by (Used in) Operating Activities 139.79140.29133.79172.29191.82
Net Cash Provided by (Used in) Investing Activities -244.91-153.96-254.27-442.16-303.29
Proceeds from Issuance of Common Stock 126.0033.75305.53235.74196.33
Payments for Repurchase of Common Stock 0.680.961.182.551.99
Payments of Ordinary Dividends, Common Stock 65.8169.5177.1492.03107.75
Net Cash Provided by (Used in) Financing Activities 97.3518.07152.60252.1763.21
Cash and Cash Equivalents, Period Increase (Decrease) -7.774.3932.1211.36-48.24