|
Consolidated Balance Sheets (USD $)
|
Jun. 30, 2014
|
Dec. 31, 2013
|
| Rental property |
|
|
| Land and leasehold interests |
$ 725,542,000 |
$ 750,658,000 |
| Buildings and improvements |
3,807,642,000 |
3,915,800,000 |
| Tenant improvements |
423,988,000 |
456,003,000 |
| Furniture, fixtures and equipment |
9,461,000 |
7,472,000 |
| Gross investment in rental property |
4,966,633,000 |
5,129,933,000 |
| Less - accumulated depreciation and amortization |
(1,389,202,000) |
(1,400,988,000) |
| Net investment in rental property |
3,577,431,000 |
3,728,945,000 |
| Cash and cash equivalents |
80,943,000 |
221,706,000 |
| Investments in unconsolidated joint ventures |
265,866,000 |
181,129,000 |
| Unbilled rents receivable, net |
126,111,000 |
136,304,000 |
| Deferred charges, goodwill and other assets |
266,760,000 |
218,519,000 |
| Restricted cash |
26,405,000 |
19,794,000 |
| Accounts receivable, net of allowance for doubtful accounts of $2,163 and $2,832 |
11,256,000 |
8,931,000 |
| Total assets |
4,354,772,000 |
4,515,328,000 |
| LIABILITIES AND EQUITY |
|
|
| Senior unsecured notes |
1,417,141,000 |
1,616,575,000 |
| Revolving credit facility |
56,000,000 |
0 |
| Mortgages, loans payable and other obligations |
735,127,000 |
746,191,000 |
| Dividends and distributions payable |
15,173,000 |
29,938,000 |
| Accounts payable, accrued expenses and other liabilities |
140,546,000 |
121,286,000 |
| Rents received in advance and security deposits |
48,932,000 |
53,730,000 |
| Accrued interest payable |
25,973,000 |
29,153,000 |
| Total liabilities |
2,438,892,000 |
2,596,873,000 |
| Commitments and contingencies |
|
|
| Mack-Cali Realty Corporation stockholders' equity: |
|
|
| Common stock, $0.01 par value, 190,000,000 shares authorized, 88,982,062 and 88,247,591 shares outstanding |
890,000 |
882,000 |
| Additional paid-in capital |
2,554,841,000 |
2,539,326,000 |
| Dividends in excess of net earnings |
(902,036,000) |
(897,849,000) |
| Total Mack-Cali Realty Corporation stockholders' equity |
1,653,695,000 |
1,642,359,000 |
| Noncontrolling interests in subsidiaries: |
|
|
| Operating Partnership |
207,479,000 |
220,813,000 |
| Consolidated joint ventures |
54,706,000 |
55,283,000 |
| Total noncontrolling interests in subsidiaries |
262,185,000 |
276,096,000 |
| Total equity |
1,915,880,000 |
1,918,455,000 |
| Total liabilities and equity |
$ 4,354,772,000 |
$ 4,515,328,000 |