MAA房地产信托 2026年季度报告

Washington, D.C. 20549FORM 10-Q ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2026or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period from ______ to ______Commission File Number: 001-12762 (Mid-America Apartment Communities, Inc.) ☐ MID-AMERICA APARTMENT COMMUNITIES, INC.MID-AMERICA APARTMENTS, L.P. (Exact name of registrant as specified in its charter) Tennessee(Mid-America Apartment Communities, Inc.)62-1543819Tennessee(Mid-America Apartments, L.P.)62-1543816 (State or other jurisdiction of incorporation or organization) 6815 Poplar Ave., Suite 500, Germantown, TN 38138(Address of principal executive offices) (Zip Code)(901) 682-6600(Registrant’s telephone number, including area code)N/A Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (orfor such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Mid-America Apartment Communities, Inc.Mid-America Apartments, L.P. Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of thischapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Mid-America Apartment Communities, Inc.Mid-America Apartments, L.P. Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See thedefinitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accountingstandards provided pursuant to Section 13(a) of the Exchange Act. Mid-America Apartment Communities, Inc.☐Mid-America Apartments, L.P.☐ Mid-America Apartment Communities, Inc.Mid-America Apartments, L.P. Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date: Mid-America Apartment Communities, Inc.ClassCommon Stock, $0.01 par value Item 1.Financial Statements. Mid-America Apartment Communities, Inc. Mid-America Apartments, L.P.Condensed Consolidated Balance Sheets as of March 31, 2026 and December 31, 2025.9Condensed Consolidated Statements of Operations for the three months ended March 31, 2026 and PART II – OTHER INFORMATION 3838 Explanatory Note This quarterly report combines the Quarterly Reports on Form 10-Q for the quarter ended March 31, 2026 of Mid-AmericaApartment Communities, Inc., a Tennessee corporation, and Mid-America Apartments, L.P., a Tennessee limited partnership, ofwhich Mid-America Apartment Communities, Inc. is the sole general partner. Mid-America Apartment Communities, Inc. and its97.5% owned subsidiary, Mid-America Apartments, L.P., are both required to file quarterly reports under the Securities Exchange Unless the context otherwise requires, all references in this Quarterly Report on Form 10-Q to “MAA” refer only to Mid-America Apartment Communities, Inc., and not any of its consolidated subsidiaries. Unless the context otherwise requires, allreferences in this quarterly report to “we,” “us,” “our,” or the “Company” refer collectively to Mid-America ApartmentCommunities, Inc., together with its consolidated subsidiaries, including Mid-America Apartments, L.P. Unless the contextotherwise requires, all references in this quarterly report to the “Operating Partnership” or “MAALP” refer to Mid-America As of March 31, 2026, MAA owned 116,353,152 OP Units (97.5% of the total number of OP Units). MAA conductssubstantially all of its business and holds substantially all of its assets, directly or indirectly, through the Operating Partnership, andby virtue of its ownership of the OP Units and being the Operating Partnership’s sole general partner, MAA has the ability to We believe combining the periodic quarterly reports of MAA and the Operating Partnership, including the notes to thecondensed consolidated financial statements, into this report results in the following benefits: •enhances investors’ understanding of MAA and the Operating Partnership by enabling investors to view the business as awhole in the same manner that management views and operates the business;•eliminates duplicative disclosure and provides a more streamlined and readable presentation since a substantial portion of MAA, an S&P 500 c