Consolidated Balance Sheets - USD ($)
$ in Thousands |
Mar. 31, 2018 |
Dec. 31, 2017 |
| Rental property |
|
|
| Land and leasehold interests |
$ 784,619
|
$ 786,789
|
| Buildings and improvements |
3,982,190
|
3,955,122
|
| Tenant improvements |
311,778
|
330,686
|
| Furniture, fixtures and equipment |
32,059
|
30,247
|
| Gross investment in rental property |
5,110,646
|
5,102,844
|
| Less - accumulated depreciation and amortization |
(1,055,562)
|
(1,087,083)
|
| Total investment in rental property |
4,055,084
|
4,015,761
|
| Rental property held for sale, net |
38,566
|
171,578
|
| Net investment in rental property |
4,093,650
|
4,187,339
|
| Cash and cash equivalents |
25,307
|
28,180
|
| Restricted cash |
34,830
|
39,792
|
| Investments in unconsolidated joint ventures |
249,513
|
252,626
|
| Unbilled rents receivable, net |
98,418
|
100,842
|
| Deferred charges, goodwill and other assets, net |
306,557
|
342,320
|
| Accounts receivable, net of allowance for doubtful accounts of $763 and $1,138 |
7,331
|
6,786
|
| Total assets |
4,815,606
|
4,957,885
|
| LIABILITIES AND EQUITY |
|
|
| Senior unsecured notes, net |
569,438
|
569,145
|
| Unsecured revolving credit facility and term loans |
863,738
|
822,288
|
| Mortgages, loans payable and other obligations, net |
1,182,035
|
1,418,135
|
| Dividends and distributions payable |
21,357
|
21,158
|
| Accounts payable, accrued expenses and other liabilities |
198,005
|
192,716
|
| Rents received in advance and security deposits |
40,610
|
43,993
|
| Accrued interest payable |
14,186
|
9,519
|
| Total liabilities |
2,889,369
|
3,076,954
|
| Commitments and contingencies |
|
|
| Redeemable noncontrolling interests |
225,326
|
212,208
|
| Mack-Cali Realty stockholders' equity: |
|
|
| Common stock, $0.01 par value, 190,000,000 shares authorized, 90,136,278 and 89,914,113 shares outstanding |
901
|
899
|
| Additional paid-in capital |
2,567,300
|
2,565,136
|
| Dividends in excess of net earnings |
(1,071,420)
|
(1,096,429)
|
| Accumulated other comprehensive income (loss) |
11,310
|
6,689
|
| Total Mack-Cali Realty Corporation stockholders' equity |
1,508,091
|
1,476,295
|
| Noncontrolling interests in subsidiaries: |
|
|
| Operating Partnership |
171,817
|
171,395
|
| Consolidated joint ventures |
21,003
|
21,033
|
| Total noncontrolling interests in subsidiaries |
192,820
|
192,428
|
| Total equity |
1,700,911
|
1,668,723
|
| Total liabilities and equity |
4,815,606
|
4,957,885
|
| Mack-Cali Realty LP [Member] |
|
|
| Rental property |
|
|
| Land and leasehold interests |
784,619
|
786,789
|
| Buildings and improvements |
3,982,190
|
3,955,122
|
| Tenant improvements |
311,778
|
330,686
|
| Furniture, fixtures and equipment |
32,059
|
30,247
|
| Gross investment in rental property |
5,110,646
|
5,102,844
|
| Less - accumulated depreciation and amortization |
(1,055,562)
|
(1,087,083)
|
| Total investment in rental property |
4,055,084
|
4,015,761
|
| Rental property held for sale, net |
38,566
|
171,578
|
| Net investment in rental property |
4,093,650
|
4,187,339
|
| Cash and cash equivalents |
25,307
|
28,180
|
| Restricted cash |
34,830
|
39,792
|
| Investments in unconsolidated joint ventures |
249,513
|
252,626
|
| Unbilled rents receivable, net |
98,418
|
100,842
|
| Deferred charges, goodwill and other assets, net |
306,557
|
342,320
|
| Accounts receivable, net of allowance for doubtful accounts of $763 and $1,138 |
7,331
|
6,786
|
| Total assets |
4,815,606
|
4,957,885
|
| LIABILITIES AND EQUITY |
|
|
| Senior unsecured notes, net |
569,438
|
569,145
|
| Unsecured revolving credit facility and term loans |
863,738
|
822,288
|
| Mortgages, loans payable and other obligations, net |
1,182,035
|
1,418,135
|
| Dividends and distributions payable |
21,357
|
21,158
|
| Accounts payable, accrued expenses and other liabilities |
198,005
|
192,716
|
| Rents received in advance and security deposits |
40,610
|
43,993
|
| Accrued interest payable |
14,186
|
9,519
|
| Total liabilities |
2,889,369
|
3,076,954
|
| Commitments and contingencies |
|
|
| Redeemable noncontrolling interests |
225,326
|
212,208
|
| Mack-Cali Realty stockholders' equity: |
|
|
| General Partner, 90,136,278 and 89,914,113 common units outstanding |
1,433,981
|
1,407,366
|
| Limited partners, 10,214,140 and 10,438,855 common units outstanding |
234,617
|
233,635
|
| Accumulated other comprehensive income (loss) |
11,310
|
6,689
|
| Total Mack-Cali Realty, L.P. partners' capital |
1,679,908
|
1,647,690
|
| Noncontrolling interests in subsidiaries: |
|
|
| Noncontrolling interests in consolidated joint ventures |
21,003
|
21,033
|
| Total equity |
1,700,911
|
1,668,723
|
| Total liabilities and equity |
$ 4,815,606
|
$ 4,957,885
|