Consolidated Balance Sheets - USD ($)
$ in Thousands |
Mar. 31, 2017 |
Dec. 31, 2016 |
| Rental property |
|
|
| Land and leasehold interests |
$ 752,842
|
$ 661,335
|
| Buildings and improvements |
4,107,508
|
3,758,210
|
| Tenant improvements |
384,263
|
364,092
|
| Furniture, fixtures and equipment |
23,499
|
21,230
|
| Gross investment in rental property |
5,268,112
|
4,804,867
|
| Less - accumulated depreciation and amortization |
(1,327,967)
|
(1,332,073)
|
| Total investment in rental property |
3,940,145
|
3,472,794
|
| Rental property held for sale, net |
2,131
|
39,743
|
| Net investment in rental property |
3,942,276
|
3,512,537
|
| Cash and cash equivalents |
168,316
|
31,611
|
| Investments in unconsolidated joint ventures |
325,150
|
320,047
|
| Unbilled rents receivable, net |
102,858
|
101,052
|
| Deferred charges, goodwill and other assets, net |
308,428
|
267,950
|
| Restricted cash |
57,596
|
53,952
|
| Accounts receivable, net of allowance for doubtful accounts of $1,055 and $1,335 |
9,603
|
9,617
|
| Total assets |
4,914,227
|
4,296,766
|
| LIABILITIES AND EQUITY |
|
|
| Senior unsecured notes, net |
817,824
|
817,355
|
| Unsecured revolving credit facility and term loans |
760,937
|
634,069
|
| Mortgages, loans payable and other obligations, net |
1,152,443
|
888,585
|
| Dividends and distributions payable |
15,423
|
15,327
|
| Accounts payable, accrued expenses and other liabilities |
169,988
|
159,874
|
| Rents received in advance and security deposits |
53,496
|
46,442
|
| Accrued interest payable |
16,540
|
8,427
|
| Total liabilities |
2,986,651
|
2,570,079
|
| Commitments and contingencies |
|
|
| Redeemable noncontrolling interests |
202,714
|
|
| Mack-Cali Realty stockholders' equity: |
|
|
| Common stock, $0.01 par value, 190,000,000 shares authorized, 89,844,752 and 89,696,713 shares outstanding |
898
|
897
|
| Additional paid-in capital |
2,570,093
|
2,576,473
|
| Dividends in excess of net earnings |
(1,045,786)
|
(1,052,184)
|
| Accumulated other comprehensive income |
3,085
|
1,985
|
| Total Mack-Cali Realty Corporation stockholders' equity |
1,528,290
|
1,527,171
|
| Noncontrolling interests in subsidiaries: |
|
|
| Operating Partnership |
175,877
|
178,570
|
| Consolidated joint ventures |
20,695
|
20,946
|
| Total noncontrolling interests in subsidiaries |
196,572
|
199,516
|
| Total equity |
1,724,862
|
1,726,687
|
| Total liabilities and equity |
4,914,227
|
4,296,766
|
| Mack-Cali Realty LP [Member] |
|
|
| Rental property |
|
|
| Land and leasehold interests |
752,842
|
661,335
|
| Buildings and improvements |
4,107,508
|
3,758,210
|
| Tenant improvements |
384,263
|
364,092
|
| Furniture, fixtures and equipment |
23,499
|
21,230
|
| Gross investment in rental property |
5,268,112
|
4,804,867
|
| Less - accumulated depreciation and amortization |
(1,327,967)
|
(1,332,073)
|
| Total investment in rental property |
3,940,145
|
3,472,794
|
| Rental property held for sale, net |
2,131
|
39,743
|
| Net investment in rental property |
3,942,276
|
3,512,537
|
| Cash and cash equivalents |
168,316
|
31,611
|
| Investments in unconsolidated joint ventures |
325,150
|
320,047
|
| Unbilled rents receivable, net |
102,858
|
101,052
|
| Deferred charges, goodwill and other assets, net |
308,428
|
267,950
|
| Restricted cash |
57,596
|
53,952
|
| Accounts receivable, net of allowance for doubtful accounts of $1,055 and $1,335 |
9,603
|
9,617
|
| Total assets |
4,914,227
|
4,296,766
|
| LIABILITIES AND EQUITY |
|
|
| Senior unsecured notes, net |
817,824
|
817,355
|
| Unsecured revolving credit facility and term loans |
760,937
|
634,069
|
| Mortgages, loans payable and other obligations, net |
1,152,443
|
888,585
|
| Dividends and distributions payable |
15,423
|
15,327
|
| Accounts payable, accrued expenses and other liabilities |
169,988
|
159,874
|
| Rents received in advance and security deposits |
53,496
|
46,442
|
| Accrued interest payable |
16,540
|
8,427
|
| Total liabilities |
2,986,651
|
2,570,079
|
| Commitments and contingencies |
|
|
| Redeemable noncontrolling interests |
202,714
|
|
| Mack-Cali Realty stockholders' equity: |
|
|
| General Partner, 89,844,752 and 89,696,713 common units outstanding |
1,467,145
|
1,467,569
|
| Limited partners, 10,339,443 and 10,488,105 common units outstanding |
233,937
|
236,187
|
| Accumulated other comprehensive income |
3,085
|
1,985
|
| Total Mack-Cali Realty, L.P. partners' capital |
1,704,167
|
1,705,741
|
| Noncontrolling interests in subsidiaries: |
|
|
| Noncontrolling interests in consolidated joint ventures |
20,695
|
20,946
|
| Total equity |
1,724,862
|
1,726,687
|
| Total liabilities and equity |
$ 4,914,227
|
$ 4,296,766
|