Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands |
3 Months Ended |
Mar. 31, 2017 |
Mar. 31, 2016 |
| REVENUES |
|
|
| Base rents |
$ 121,255
|
$ 126,387
|
| Escalations and recoveries from tenants |
15,119
|
14,961
|
| Real estate services |
6,465
|
6,812
|
| Parking income |
4,229
|
3,156
|
| Other income |
2,819
|
1,607
|
| Total revenues |
149,887
|
152,923
|
| EXPENSES |
|
|
| Real estate taxes |
21,092
|
23,226
|
| Utilities |
11,414
|
13,578
|
| Operating services |
27,091
|
26,732
|
| Real estate services expenses |
6,270
|
6,846
|
| General and administrative |
11,592
|
12,249
|
| Depreciation and amortization |
47,631
|
43,063
|
| Total expenses |
125,090
|
125,694
|
| Operating income |
24,797
|
27,229
|
| OTHER (EXPENSE) INCOME |
|
|
| Interest expense |
(20,321)
|
(24,993)
|
| Interest and other investment income (loss) |
474
|
(669)
|
| Equity in earnings (loss) of unconsolidated joint ventures |
(51)
|
(1,554)
|
| Gain on change of control of interests |
|
10,156
|
| Realized gains (losses) and unrealized losses on disposition of rental property, net |
5,506
|
58,600
|
| Gain on sale of investment in unconsolidated joint venture |
12,563
|
|
| Loss from extinguishment of debt, net |
(239)
|
|
| Total other income (expense) |
(2,068)
|
41,540
|
| Net income |
22,729
|
68,769
|
| Noncontrolling interest in consolidated joint ventures |
237
|
706
|
| Noncontrolling interest in Operating Partnership |
(2,295)
|
(7,284)
|
| Redeemable noncontrolling interest |
(792)
|
|
| Net income available to common shareholders |
$ 19,879
|
$ 62,191
|
| Basic earnings per common share: |
|
|
| Net income available to common shareholders |
$ 0.11
|
$ 0.69
|
| Diluted earnings per common share: |
|
|
| Net income available to common shareholders |
$ 0.11
|
$ 0.69
|
| Basic weighted average shares outstanding |
89,955
|
89,721
|
| Diluted weighted average shares outstanding |
100,637
|
100,315
|
| Mack-Cali Realty LP [Member] |
|
|
| REVENUES |
|
|
| Base rents |
$ 121,255
|
$ 126,387
|
| Escalations and recoveries from tenants |
15,119
|
14,961
|
| Real estate services |
6,465
|
6,812
|
| Parking income |
4,229
|
3,156
|
| Other income |
2,819
|
1,607
|
| Total revenues |
149,887
|
152,923
|
| EXPENSES |
|
|
| Real estate taxes |
21,092
|
23,226
|
| Utilities |
11,414
|
13,578
|
| Operating services |
27,091
|
26,732
|
| Real estate services expenses |
6,270
|
6,846
|
| General and administrative |
11,592
|
12,249
|
| Depreciation and amortization |
47,631
|
43,063
|
| Total expenses |
125,090
|
125,694
|
| Operating income |
24,797
|
27,229
|
| OTHER (EXPENSE) INCOME |
|
|
| Interest expense |
(20,321)
|
(24,993)
|
| Interest and other investment income (loss) |
474
|
(669)
|
| Equity in earnings (loss) of unconsolidated joint ventures |
(51)
|
(1,554)
|
| Gain on change of control of interests |
|
10,156
|
| Realized gains (losses) and unrealized losses on disposition of rental property, net |
5,506
|
58,600
|
| Gain on sale of investment in unconsolidated joint venture |
12,563
|
|
| Loss from extinguishment of debt, net |
(239)
|
|
| Total other income (expense) |
(2,068)
|
41,540
|
| Net income |
22,729
|
68,769
|
| Noncontrolling interest in consolidated joint ventures |
237
|
706
|
| Redeemable noncontrolling interest |
(792)
|
|
| Net income available to common shareholders |
$ 22,174
|
$ 69,475
|
| Basic earnings per common share: |
|
|
| Net income available to common shareholders |
$ 0.11
|
$ 0.69
|
| Diluted earnings per common share: |
|
|
| Net income available to common shareholders |
$ 0.11
|
$ 0.69
|
| Basic weighted average units outstanding |
100,339
|
100,230
|
| Diluted weighted average units outstanding |
100,637
|
100,315
|