|
Consolidated Balance Sheets (USD $)
|
Mar. 31, 2015
|
Dec. 31, 2014
|
| Rental property |
|
|
| Land and leasehold interests |
$ 760,628,000 |
$ 760,855,000 |
| Buildings and improvements |
3,769,787,000 |
3,753,300,000 |
| Tenant improvements |
412,351,000 |
431,969,000 |
| Furniture, fixtures and equipment |
12,527,000 |
12,055,000 |
| Gross investment in rental property |
4,955,293,000 |
4,958,179,000 |
| Less - accumulated depreciation and amortization |
(1,417,335,000) |
(1,414,305,000) |
| Net investment in rental property |
3,537,958,000 |
3,543,874,000 |
| Cash and cash equivalents |
19,315,000 |
29,549,000 |
| Investments in unconsolidated joint ventures |
262,052,000 |
247,468,000 |
| Unbilled rents receivable, net |
123,547,000 |
123,885,000 |
| Deferred charges, goodwill and other assets, net |
210,760,000 |
204,650,000 |
| Restricted cash |
35,780,000 |
34,245,000 |
| Accounts receivable, net of allowance for doubtful accounts of $1,513 and $2,584 |
9,442,000 |
8,576,000 |
| Total assets |
4,198,854,000 |
4,192,247,000 |
| LIABILITIES AND EQUITY |
|
|
| Senior unsecured notes |
1,268,018,000 |
1,267,744,000 |
| Revolving credit facility |
42,000,000 |
0 |
| Mortgages, loans payable and other obligations |
797,554,000 |
820,910,000 |
| Dividends and distributions payable |
15,560,000 |
15,528,000 |
| Accounts payable, accrued expenses and other liabilities |
134,462,000 |
126,971,000 |
| Rents received in advance and security deposits |
47,429,000 |
52,146,000 |
| Accrued interest payable |
29,608,000 |
26,937,000 |
| Total liabilities |
2,334,631,000 |
2,310,236,000 |
| Commitments and contingencies |
|
|
| Mack-Cali Realty Corporation stockholders' equity: |
|
|
| Common stock, $0.01 par value, 190,000,000 shares authorized 89,127,942 and 89,076,578 shares outstanding |
891,000 |
891,000 |
| Additional paid-in capital |
2,561,463,000 |
2,560,183,000 |
| Dividends in excess of net earnings |
(952,183,000) |
(936,293,000) |
| Total Mack-Cali Realty Corporation stockholders' equity |
1,610,171,000 |
1,624,781,000 |
| Noncontrolling interests in subsidiaries: |
|
|
| Operating Partnership |
199,391,000 |
202,173,000 |
| Consolidated joint ventures |
54,661,000 |
55,057,000 |
| Total noncontrolling interests in subsidiaries |
254,052,000 |
257,230,000 |
| Total equity |
1,864,223,000 |
1,882,011,000 |
| Total liabilities and equity |
$ 4,198,854,000 |
$ 4,192,247,000 |