Consolidated Balance Sheets - USD ($)
$ in Thousands |
Mar. 31, 2016 |
Dec. 31, 2015 |
| Rental property |
|
|
| Land and leasehold interests |
$ 684,960
|
$ 735,696
|
| Buildings and improvements |
3,557,813
|
3,648,238
|
| Tenant improvements |
353,842
|
408,617
|
| Furniture, fixtures and equipment |
16,576
|
15,167
|
| Gross investment in rental property |
4,613,191
|
4,807,718
|
| Less - accumulated depreciation and amortization |
(1,382,962)
|
(1,464,482)
|
| Total investment in rental property |
3,230,229
|
3,343,236
|
| Rental property held for sale, net |
200,044
|
|
| Net investment in rental property |
3,430,273
|
3,343,236
|
| Cash and cash equivalents |
116,421
|
37,077
|
| Investments in unconsolidated joint ventures |
303,647
|
303,457
|
| Unbilled rents receivable, net |
120,035
|
120,246
|
| Deferred charges, goodwill and other assets, net |
220,997
|
203,850
|
| Restricted cash |
27,566
|
35,343
|
| Accounts receivable, net of allowance for doubtful accounts of $602 and $1,407 |
9,511
|
10,754
|
| Total assets |
4,228,450
|
4,053,963
|
| LIABILITIES AND EQUITY |
|
|
| Senior unsecured notes, net |
1,064,363
|
1,263,782
|
| Unsecured term loan, net |
347,351
|
|
| Revolving credit facility |
90,000
|
155,000
|
| Mortgages, loans payable and other obligations, net |
767,573
|
726,611
|
| Dividends and distributions payable |
15,047
|
15,582
|
| Accounts payable, accrued expenses and other liabilities |
137,030
|
135,057
|
| Rents received in advance and security deposits |
50,109
|
49,739
|
| Accrued interest payable |
23,994
|
24,484
|
| Total liabilities |
$ 2,495,467
|
$ 2,370,255
|
| Commitments and contingencies |
|
|
| Mack-Cali Realty Corporation stockholders' equity: |
|
|
| Common stock, $0.01 par value, 190,000,000 shares authorized 89,638,312 and 89,583,950 shares outstanding |
$ 896
|
$ 896
|
| Additional paid-in capital |
2,571,509
|
2,570,392
|
| Dividends in excess of net earnings |
(1,066,867)
|
(1,115,612)
|
| Accumulated other comprehensive income loss |
(5,675)
|
|
| Total Mack-Cali Realty Corporation stockholders' equity |
1,499,863
|
1,455,676
|
| Noncontrolling interests in subsidiaries: |
|
|
| Operating Partnership |
175,688
|
170,891
|
| Consolidated joint ventures |
57,432
|
57,141
|
| Total noncontrolling interests in subsidiaries |
233,120
|
228,032
|
| Total equity |
1,732,983
|
1,683,708
|
| Total liabilities and equity |
$ 4,228,450
|
$ 4,053,963
|