Mid-America Apartment Communities Inc.

MAA ·Real Estate, REIT - Diversified, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2009 FY2008 FY2007 FY2006
Revenue $358.9M $356.4M $330.3M $295.6M
Rental Revenues $327.3M $325.5M $301.4M $270.5M
Other Property Revenues $31.5M $31.0M $29.0M $25.1M
Cost of Revenue
Gross Profit
Gross Margin
Operating Expenses
Research & Development
SG&A Expense $11.3M $11.8M
Operating Income $92.2M $95.9M
Operating Margin 25.7% 26.9%
Interest Expense $57.0M $62.0M
Pretax Income $33.2M $31.7M
Income Tax Expense
Net Income $37.2M $30.2M
Net Margin 10.4% 8.5%
EPS (Basic) $0.85 $0.64
EPS (Diluted) $0.85 $0.64
Shares Outstanding (Basic) 28.3M 26.9M
Shares Outstanding (Diluted) 28.4M 27.1M
Dividends Per Share $2.46 $2.46
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