|
Consolidated Balance Sheets (USD $)
|
Mar. 31, 2014
|
Dec. 31, 2013
|
| Rental property |
|
|
| Land and leasehold interests |
$ 736,058,000 |
$ 750,658,000 |
| Buildings and improvements |
3,884,320,000 |
3,915,800,000 |
| Tenant improvements |
432,279,000 |
456,003,000 |
| Furniture, fixtures and equipment |
9,116,000 |
7,472,000 |
| Gross investment in rental property |
5,061,773,000 |
5,129,933,000 |
| Less - accumulated depreciation and amortization |
(1,396,795,000) |
(1,400,988,000) |
| Total investment in rental property |
3,664,978,000 |
3,728,945,000 |
| Rental property held for sale, net |
51,161,000 |
|
| Net investment in rental property |
3,716,139,000 |
3,728,945,000 |
| Cash and cash equivalents |
58,734,000 |
221,706,000 |
| Investments in unconsolidated joint ventures |
179,656,000 |
181,129,000 |
| Unbilled rents receivable, net |
139,218,000 |
136,304,000 |
| Deferred charges, goodwill and other assets |
228,730,000 |
218,519,000 |
| Restricted cash |
20,620,000 |
19,794,000 |
| Accounts receivable, net of allowance for doubtful accounts of $1,962 and $2,832 |
11,246,000 |
8,931,000 |
| Total assets |
4,354,343,000 |
4,515,328,000 |
| LIABILITIES AND EQUITY |
|
|
| Senior unsecured notes |
1,416,843,000 |
1,616,575,000 |
| Revolving credit facility |
70,000,000 |
0 |
| Mortgages, loans payable and other obligations |
745,444,000 |
746,191,000 |
| Dividends and distributions payable |
30,145,000 |
29,938,000 |
| Accounts payable, accrued expenses and other liabilities |
147,357,000 |
121,286,000 |
| Rents received in advance and security deposits |
50,175,000 |
53,730,000 |
| Accrued interest payable |
23,259,000 |
29,153,000 |
| Total liabilities |
2,483,223,000 |
2,596,873,000 |
| Commitments and contingencies |
|
|
| Mack-Cali Realty Corporation stockholders' equity: |
|
|
| Common stock, $0.01 par value, 190,000,000 shares authorized, 88,630,146 and 88,247,591 shares outstanding |
886,000 |
882,000 |
| Additional paid-in capital |
2,546,233,000 |
2,539,326,000 |
| Dividends in excess of net earnings |
(939,837,000) |
(897,849,000) |
| Total Mack-Cali Realty Corporation stockholders' equity |
1,607,282,000 |
1,642,359,000 |
| Noncontrolling interests in subsidiaries: |
|
|
| Operating Partnership |
208,877,000 |
220,813,000 |
| Consolidated joint ventures |
54,961,000 |
55,283,000 |
| Total noncontrolling interests in subsidiaries |
263,838,000 |
276,096,000 |
| Total equity |
1,871,120,000 |
1,918,455,000 |
| Total liabilities and equity |
$ 4,354,343,000 |
$ 4,515,328,000 |