Unsecured Term Loan (Tables) - Unsecured Term Loan [Member]
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9 Months Ended |
Sep. 30, 2016 |
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| Debt Instrument [Line Items] |
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| Schedule Of Interest Rate On Outstanding Borrowings Payable |
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Operating Partnership's
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Interest Rate -
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Unsecured Debt Ratings:
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Applicable Basis Points
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Higher of S&P or Moody's
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Above LIBOR
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No ratings or less than BBB-/Baa3
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185.0
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BBB- or Baa3 (current interest rate based on Company's election)
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140.0
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BBB or Baa2
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115.0
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BBB+ or Baa1
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100.0
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A- or A3 or higher
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90.0
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| Schedule Of Defined Leverage Ratio |
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Interest Rate -
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Applicable Basis
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Total Leverage Ratio
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Points above LIBOR
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<45%
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145
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≥45% and <50% (current ratio)
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155
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≥50% and <55%
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165
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≥55%
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195
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| Mack Cali Realty LP [Member] |
|
| Debt Instrument [Line Items] |
|
| Schedule Of Interest Rate On Outstanding Borrowings Payable |
|
|
|
|
|
|
|
|
|
Operating Partnership's
|
|
Interest Rate -
|
|
Unsecured Debt Ratings:
|
|
Applicable Basis Points
|
|
Higher of S&P or Moody's
|
|
Above LIBOR
|
|
No ratings or less than BBB-/Baa3
|
|
185.0
|
|
BBB- or Baa3 (current interest rate based on Company's election)
|
|
140.0
|
|
BBB or Baa2
|
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115.0
|
|
BBB+ or Baa1
|
|
100.0
|
|
A- or A3 or higher
|
|
90.0
|
|
| Schedule Of Defined Leverage Ratio |
|
|
|
|
|
|
|
|
|
|
|
Interest Rate -
|
|
|
|
Applicable Basis
|
|
Total Leverage Ratio
|
|
Points above LIBOR
|
|
<45%
|
|
145
|
|
≥45% and <50% (current ratio)
|
|
155
|
|
≥50% and <55%
|
|
165
|
|
≥55%
|
|
195
|
|