Consolidated Statements Of Operations - USD ($) shares in Thousands, $ in Thousands |
12 Months Ended |
Dec. 31, 2016 |
Dec. 31, 2015 |
Dec. 31, 2014 |
| REVENUES |
|
|
|
| Base rents |
$ 506,877
|
$ 487,041
|
$ 516,727
|
| Escalations and recoveries from tenants |
60,505
|
62,481
|
78,554
|
| Real estate services |
26,589
|
29,620
|
28,638
|
| Parking income |
13,630
|
11,124
|
9,107
|
| Other income |
5,797
|
4,617
|
3,773
|
| Total revenues |
613,398
|
594,883
|
636,799
|
| EXPENSES |
|
|
|
| Real estate taxes |
87,379
|
82,688
|
90,750
|
| Utilities |
49,624
|
55,965
|
72,822
|
| Operating services |
103,954
|
107,951
|
112,621
|
| Real estate services expenses |
26,260
|
25,583
|
26,136
|
| General and administrative |
51,979
|
49,147
|
71,051
|
| Acquisition-related costs |
2,880
|
1,560
|
2,118
|
| Depreciation and amortization |
186,684
|
170,402
|
172,490
|
| Impairments |
|
197,919
|
|
| Total expenses |
508,760
|
691,215
|
547,988
|
| Operating income (loss) |
104,638
|
(96,332)
|
88,811
|
| OTHER (EXPENSE) INCOME |
|
|
|
| Interest expense |
(94,889)
|
(103,051)
|
(112,878)
|
| Interest and other investment income (loss) |
1,614
|
794
|
3,615
|
| Equity in earnings (loss) of unconsolidated joint ventures |
18,788
|
(3,172)
|
(2,423)
|
| Gain on change of control of interests |
15,347
|
|
|
| Realized gains (losses) and unrealized losses on disposition of rental property, net |
109,666
|
53,261
|
54,848
|
| Gain on sale of investment in unconsolidated joint venture |
5,670
|
6,448
|
|
| Loss from extinguishment of debt, net |
(30,540)
|
|
(582)
|
| Total other income (expense) |
25,656
|
(45,720)
|
(57,420)
|
| Net income (loss) |
130,294
|
(142,052)
|
31,391
|
| Noncontrolling interest in consolidated joint ventures |
651
|
1,044
|
778
|
| Noncontrolling interest in Operating Partnership |
(13,721)
|
15,256
|
(3,602)
|
| Net income (loss) available to common shareholders |
$ 117,224
|
$ (125,752)
|
$ 28,567
|
| Basic earnings per common share: |
|
|
|
| Net income (loss) available to common shareholders |
$ 1.31
|
$ (1.41)
|
$ 0.32
|
| Diluted earnings per common share: |
|
|
|
| Net income (loss) available to common shareholders |
$ 1.30
|
$ (1.41)
|
$ 0.32
|
| Basic weighted average shares outstanding |
89,746
|
89,291
|
88,727
|
| Diluted weighted average shares outstanding |
100,498
|
100,222
|
100,041
|
| Mack-Cali Realty LP [Member] |
|
|
|
| REVENUES |
|
|
|
| Base rents |
$ 506,877
|
$ 487,041
|
$ 516,727
|
| Escalations and recoveries from tenants |
60,505
|
62,481
|
78,554
|
| Real estate services |
26,589
|
29,620
|
28,638
|
| Parking income |
13,630
|
11,124
|
9,107
|
| Other income |
5,797
|
4,617
|
3,773
|
| Total revenues |
613,398
|
594,883
|
636,799
|
| EXPENSES |
|
|
|
| Real estate taxes |
87,379
|
82,688
|
90,750
|
| Utilities |
49,624
|
55,965
|
72,822
|
| Operating services |
103,954
|
107,951
|
112,621
|
| Real estate services expenses |
26,260
|
25,583
|
26,136
|
| General and administrative |
51,979
|
49,147
|
71,051
|
| Acquisition-related costs |
2,880
|
1,560
|
2,118
|
| Depreciation and amortization |
186,684
|
170,402
|
172,490
|
| Impairments |
|
197,919
|
|
| Total expenses |
508,760
|
691,215
|
547,988
|
| Operating income (loss) |
104,638
|
(96,332)
|
88,811
|
| OTHER (EXPENSE) INCOME |
|
|
|
| Interest expense |
(94,889)
|
(103,051)
|
(112,878)
|
| Interest and other investment income (loss) |
1,614
|
794
|
3,615
|
| Equity in earnings (loss) of unconsolidated joint ventures |
18,788
|
(3,172)
|
(2,423)
|
| Gain on change of control of interests |
15,347
|
|
|
| Realized gains (losses) and unrealized losses on disposition of rental property, net |
109,666
|
53,261
|
54,848
|
| Gain on sale of investment in unconsolidated joint venture |
5,670
|
6,448
|
|
| Loss from extinguishment of debt, net |
(30,540)
|
|
(582)
|
| Total other income (expense) |
25,656
|
(45,720)
|
(57,420)
|
| Net income (loss) |
130,294
|
(142,052)
|
31,391
|
| Noncontrolling interest in consolidated joint ventures |
651
|
1,044
|
778
|
| Net income (loss) available to common shareholders |
$ 130,945
|
$ (141,008)
|
$ 32,169
|
| Basic earnings per common share: |
|
|
|
| Net income (loss) available to common shareholders |
$ 1.31
|
$ (1.41)
|
$ 0.32
|
| Diluted earnings per common share: |
|
|
|
| Net income (loss) available to common shareholders |
$ 1.30
|
$ (1.41)
|
$ 0.32
|
| Basic weighted average units outstanding |
100,245
|
100,222
|
99,999
|
| Diluted weighted average units outstanding |
100,498
|
100,222
|
100,041
|