Consolidated Balance Sheets - USD ($)
$ in Thousands |
Jun. 30, 2016 |
Dec. 31, 2015 |
| Rental property |
|
|
| Land and leasehold interests |
$ 709,335
|
$ 735,696
|
| Buildings and improvements |
3,691,074
|
3,648,238
|
| Tenant improvements |
371,920
|
408,617
|
| Furniture, fixtures and equipment |
17,997
|
15,167
|
| Gross investment in rental property |
4,790,326
|
4,807,718
|
| Less - accumulated depreciation and amortization |
(1,393,073)
|
(1,464,482)
|
| Total investment in rental property |
3,397,253
|
3,343,236
|
| Rental property held for sale, net |
73,190
|
|
| Net investment in rental property |
3,470,443
|
3,343,236
|
| Cash and cash equivalents |
29,457
|
37,077
|
| Investments in unconsolidated joint ventures |
315,200
|
303,457
|
| Unbilled rents receivable, net |
104,523
|
120,246
|
| Deferred charges, goodwill and other assets, net |
253,233
|
203,850
|
| Restricted cash |
34,891
|
35,343
|
| Accounts receivable, net of allowance for doubtful accounts of $1,225 and $1,407 |
5,793
|
10,754
|
| Total assets |
4,213,540
|
4,053,963
|
| LIABILITIES AND EQUITY |
|
|
| Senior unsecured notes, net |
1,064,942
|
1,263,782
|
| Unsecured term loan, net |
347,590
|
|
| Revolving credit facility |
75,000
|
155,000
|
| Mortgages, loans payable and other obligations, net |
769,423
|
726,611
|
| Dividends and distributions payable |
15,144
|
15,582
|
| Accounts payable, accrued expenses and other liabilities |
141,664
|
135,057
|
| Rents received in advance and security deposits |
49,180
|
49,739
|
| Accrued interest payable |
15,917
|
24,484
|
| Total liabilities |
2,478,860
|
2,370,255
|
| Commitments and contingencies |
|
|
| Mack-Cali Realty Corporation stockholders' equity: |
|
|
| Common stock, $0.01 par value, 190,000,000 shares authorized 89,650,590 and 89,583,950 shares outstanding |
897
|
896
|
| Additional paid-in capital |
2,573,173
|
2,570,392
|
| Dividends in excess of net earnings |
(1,031,922)
|
(1,115,612)
|
| Accumulated other comprehensive loss |
(8,283)
|
|
| Total Mack-Cali Realty Corporation stockholders' equity |
1,533,865
|
1,455,676
|
| Noncontrolling interests in subsidiaries: |
|
|
| Operating Partnership |
179,613
|
170,891
|
| Consolidated joint ventures |
21,202
|
57,141
|
| Total noncontrolling interests in subsidiaries |
200,815
|
228,032
|
| Total equity |
1,734,680
|
1,683,708
|
| Total liabilities and equity |
$ 4,213,540
|
$ 4,053,963
|