Consolidated Balance Sheets - USD ($)
$ in Thousands |
Dec. 31, 2018 |
Dec. 31, 2017 |
| Rental property |
|
|
| Land and leasehold interests |
$ 807,236
|
$ 786,789
|
| Buildings and improvements |
4,109,797
|
3,955,122
|
| Tenant improvements |
335,266
|
330,686
|
| Furniture, fixtures and equipment |
53,718
|
30,247
|
| Gross investment in rental property |
5,306,017
|
5,102,844
|
| Less - accumulated depreciation and amortization |
(1,097,868)
|
(1,087,083)
|
| Total investment in rental property |
4,208,149
|
4,015,761
|
| Rental property held for sale, net |
108,848
|
171,578
|
| Net investment in rental property |
4,316,997
|
4,187,339
|
| Cash and cash equivalents |
29,633
|
28,180
|
| Restricted cash |
19,921
|
39,792
|
| Investments in unconsolidated joint ventures |
232,750
|
252,626
|
| Unbilled rents receivable, net |
100,737
|
100,842
|
| Deferred charges, goodwill and other assets, net |
355,234
|
342,320
|
| Accounts receivable, net of allowance for doubtful accounts of $1,108 and $1,138 |
5,372
|
6,786
|
| Total assets |
5,060,644
|
4,957,885
|
| LIABILITIES AND EQUITY |
|
|
| Senior unsecured notes, net |
570,314
|
569,145
|
| Unsecured revolving credit facility and term loans |
790,939
|
822,288
|
| Mortgages, loans payable and other obligations, net |
1,431,398
|
1,418,135
|
| Dividends and distributions payable |
21,877
|
21,158
|
| Accounts payable, accrued expenses and other liabilities |
168,115
|
192,716
|
| Rents received in advance and security deposits |
41,244
|
43,993
|
| Accrued interest payable |
9,117
|
9,519
|
| Total liabilities |
3,033,004
|
3,076,954
|
| Commitments and contingencies |
|
|
| Redeemable noncontrolling interests |
330,459
|
212,208
|
| Mack-Cali Realty Corporation stockholders' equity: |
|
|
| Common stock, $0.01 par value, 190,000,000 shares authorized, 90,320,306 and 89,914,113 shares outstanding |
903
|
899
|
| Additional paid-in capital |
2,561,503
|
2,565,136
|
| Dividends in excess of net earnings |
(1,084,518)
|
(1,096,429)
|
| Accumulated other comprehensive income |
8,770
|
6,689
|
| Total Mack-Cali Realty Corporation stockholders' equity |
1,486,658
|
1,476,295
|
| Noncontrolling interests in subsidiaries: |
|
|
| Operating Partnership |
168,373
|
171,395
|
| Consolidated joint ventures |
42,150
|
21,033
|
| Total noncontrolling interests in subsidiaries |
210,523
|
192,428
|
| Total equity |
1,697,181
|
1,668,723
|
| Total liabilities and equity |
5,060,644
|
4,957,885
|
| Mack-Cali Realty LP [Member] |
|
|
| Rental property |
|
|
| Land and leasehold interests |
807,236
|
786,789
|
| Buildings and improvements |
4,109,797
|
3,955,122
|
| Tenant improvements |
335,266
|
330,686
|
| Furniture, fixtures and equipment |
53,718
|
30,247
|
| Gross investment in rental property |
5,306,017
|
5,102,844
|
| Less - accumulated depreciation and amortization |
(1,097,868)
|
(1,087,083)
|
| Total investment in rental property |
4,208,149
|
4,015,761
|
| Rental property held for sale, net |
108,848
|
171,578
|
| Net investment in rental property |
4,316,997
|
4,187,339
|
| Cash and cash equivalents |
29,633
|
28,180
|
| Restricted cash |
19,921
|
39,792
|
| Investments in unconsolidated joint ventures |
232,750
|
252,626
|
| Unbilled rents receivable, net |
100,737
|
100,842
|
| Deferred charges, goodwill and other assets, net |
355,234
|
342,320
|
| Accounts receivable, net of allowance for doubtful accounts of $1,108 and $1,138 |
5,372
|
6,786
|
| Total assets |
5,060,644
|
4,957,885
|
| LIABILITIES AND EQUITY |
|
|
| Senior unsecured notes, net |
570,314
|
569,145
|
| Unsecured revolving credit facility and term loans |
790,939
|
822,288
|
| Mortgages, loans payable and other obligations, net |
1,431,398
|
1,418,135
|
| Dividends and distributions payable |
21,877
|
21,158
|
| Accounts payable, accrued expenses and other liabilities |
168,115
|
192,716
|
| Rents received in advance and security deposits |
41,244
|
43,993
|
| Accrued interest payable |
9,117
|
9,519
|
| Total liabilities |
3,033,004
|
3,076,954
|
| Commitments and contingencies |
|
|
| Redeemable noncontrolling interests |
330,459
|
212,208
|
| Mack-Cali Realty Corporation stockholders' equity: |
|
|
| General Partner, 90,320,306 and 89,914,113 common units outstanding |
1,413,497
|
1,407,366
|
| Limited partners, 10,174,285 and 10,438,855 common units outstanding |
232,764
|
233,635
|
| Accumulated other comprehensive income |
8,770
|
6,689
|
| Total Mack-Cali Realty, L.P. partners' capital |
1,655,031
|
1,647,690
|
| Noncontrolling interests in subsidiaries: |
|
|
| Noncontrolling interests in consolidated joint ventures |
42,150
|
21,033
|
| Total equity |
1,697,181
|
1,668,723
|
| Total liabilities and equity |
$ 5,060,644
|
$ 4,957,885
|