|
Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified
|
Sep. 30, 2013
|
Dec. 31, 2012
|
| Rental property |
|
|
| Land and leasehold interests |
$ 755,643 |
$ 782,315 |
| Buildings and improvements |
3,908,139 |
4,104,472 |
| Tenant improvements |
445,623 |
489,608 |
| Furniture, fixtures and equipment |
4,535 |
3,041 |
| Gross investment in rental property |
5,113,940 |
5,379,436 |
| Less - accumulated depreciation and amortization |
(1,392,064) |
(1,478,214) |
| Total investment in rental property |
3,721,876 |
3,901,222 |
| Rental property held for sale, net |
|
60,863 |
| Net investment in rental property |
3,721,876 |
3,962,085 |
| Cash and cash equivalents |
308,043 |
58,245 |
| Investments in unconsolidated joint ventures |
131,859 |
132,339 |
| Unbilled rents receivable, net |
134,695 |
139,984 |
| Deferred charges, goodwill and other assets |
284,399 |
204,874 |
| Restricted cash |
19,213 |
19,339 |
| Accounts receivable, net of allowance for doubtful accounts of $3,122 and $2,614 |
9,178 |
9,179 |
| Total assets |
4,609,263 |
4,526,045 |
| LIABILITIES AND EQUITY |
|
|
| Senior unsecured notes |
1,616,337 |
1,446,894 |
| Mortgages, loans payable and other obligations |
752,344 |
757,495 |
| Dividends and distributions payable |
30,003 |
44,855 |
| Accounts payable, accrued expenses and other liabilities |
130,588 |
124,822 |
| Rents received in advance and security deposits |
45,857 |
55,917 |
| Accrued interest payable |
23,472 |
27,555 |
| Total liabilities |
2,598,601 |
2,457,538 |
| Commitments and contingencies |
|
|
| Mack-Cali Realty Corporation stockholders' equity: |
|
|
| Common stock, $0.01 par value, 190,000,000 shares authorized, 88,021,807 and 87,536,292 shares outstanding |
880 |
875 |
| Additional paid-in capital |
2,536,837 |
2,530,621 |
| Dividends in excess of net earnings |
(817,387) |
(764,522) |
| Total Mack-Cali Realty Corporation stockholders' equity |
1,720,330 |
1,766,974 |
| Noncontrolling interests in subsidiaries: |
|
|
| Operating Partnership |
234,282 |
245,091 |
| Consolidated joint ventures |
56,050 |
56,442 |
| Total noncontrolling interests in subsidiaries |
290,332 |
301,533 |
| Total equity |
2,010,662 |
2,068,507 |
| Total liabilities and equity |
$ 4,609,263 |
$ 4,526,045 |