{"filing":{"accession_number":"0001193125-26-282807","cik":"0000912595","ticker":"MAA-PI","company_name":"MID AMERICA APARTMENT COMMUNITIES INC.","form":"8-K","filing_date":"2026-06-25","report_date":null,"primary_document":"maa-20260622.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/912595/000119312526282807/maa-20260622.htm"},"events":[{"id":13898,"run_id":12350,"accession_number":"0001193125-26-282807","anchor_item_number":"1.01","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"summary":"Mid-America Apartments, L.P. entered into a Term Loan Agreement on June 22, 2026, creating a new unsecured delayed draw term loan facility of up to $350 million (expandable to $550 million via accordion feature) maturing November 15, 2030. This is a material creation of direct financial obligation disclosed under Item 1.01, distinct from covenant breach or existing debt modification. The $350 million principal amount and syndicated lender group (KeyBank, Wells Fargo, TD Bank, JPMorgan Chase, and others) underscore materiality to a reasonable investor assessing the registrant's capital structure and leverage.","company_name":"MID AMERICA APARTMENT COMMUNITIES INC.","ticker":"MAA-PI","filing_date":"2026-06-25","form":"8-K","submitted_at":null,"items":[{"id":11172,"accession_number":"0001193125-26-282807","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Mid-America Apartments entered into a Term Loan Agreement on June 22, 2026, creating a new unsecured delayed draw term loan facility of up to $350 million (expandable to $550 million via accordion feature) maturing November 15, 2030. This is a material creation of direct financial obligation disclosed under Item 1.01, with customary financial covenants and cross-default provisions tied to existing debt exceeding $150 million.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-25T20:16:59.695884+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":11172,"accession_number":"0001193125-26-282807","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Mid-America Apartments entered into a Term Loan Agreement on June 22, 2026, creating a new unsecured delayed draw term loan facility of up to $350 million (expandable to $550 million via accordion feature) maturing November 15, 2030. This is a material creation of direct financial obligation disclosed under Item 1.01, with customary financial covenants and cross-default provisions tied to existing debt exceeding $150 million.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-25T20:16:59.695884+00:00","company_name":"MID AMERICA APARTMENT COMMUNITIES INC.","ticker":"MAA-PI","filing_date":"2026-06-25"}]}