Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands |
3 Months Ended |
Mar. 31, 2018 |
Mar. 31, 2017 |
| REVENUES |
|
|
| Revenues |
$ 138,967
|
$ 149,887
|
| EXPENSES |
|
|
| Real estate taxes |
18,361
|
21,092
|
| Utilities |
12,504
|
11,414
|
| Operating services |
25,618
|
27,091
|
| Real estate services expenses |
4,936
|
6,270
|
| General and administrative |
16,085
|
11,592
|
| Depreciation and amortization |
41,297
|
47,631
|
| Total expenses |
118,801
|
125,090
|
| Operating income |
20,166
|
24,797
|
| OTHER (EXPENSE) INCOME |
|
|
| Interest expense |
(20,075)
|
(20,321)
|
| Interest and other investment income (loss) |
1,128
|
474
|
| Equity in earnings (loss) of unconsolidated joint ventures |
1,572
|
(51)
|
| Realized gains (losses) and unrealized losses on disposition of rental property, net |
58,186
|
5,506
|
| Gain on sale of investment in unconsolidated joint venture |
|
12,563
|
| Loss from extinguishment of debt, net |
(10,289)
|
(239)
|
| Total other income (expense) |
30,522
|
(2,068)
|
| Net income |
50,688
|
22,729
|
| Noncontrolling interest in consolidated joint ventures |
30
|
237
|
| Noncontrolling interest in Operating Partnership |
(4,883)
|
(2,295)
|
| Redeemable noncontrolling interest |
(2,799)
|
(792)
|
| Net income available to common shareholders |
$ 43,036
|
$ 19,879
|
| Basic earnings per common share: |
|
|
| Net income available to common shareholders |
$ 0.45
|
$ 0.11
|
| Diluted earnings per common share: |
|
|
| Net income available to common shareholders |
$ 0.45
|
$ 0.11
|
| Basic weighted average shares outstanding |
90,263
|
89,955
|
| Diluted weighted average shares outstanding |
100,604
|
100,637
|
| Base Rents [Member] |
|
|
| REVENUES |
|
|
| Revenues |
$ 112,902
|
$ 121,255
|
| Escalations And Recoveries From Tenants [Member] |
|
|
| REVENUES |
|
|
| Revenues |
12,791
|
15,119
|
| Real Estate Services [Member] |
|
|
| REVENUES |
|
|
| Revenues |
4,661
|
6,465
|
| Parking Income [Member] |
|
|
| REVENUES |
|
|
| Revenues |
5,327
|
4,229
|
| Other Income [Member] |
|
|
| REVENUES |
|
|
| Revenues |
3,286
|
2,819
|
| Mack-Cali Realty LP [Member] |
|
|
| REVENUES |
|
|
| Revenues |
138,967
|
149,887
|
| EXPENSES |
|
|
| Real estate taxes |
18,361
|
21,092
|
| Utilities |
12,504
|
11,414
|
| Operating services |
25,618
|
27,091
|
| Real estate services expenses |
4,936
|
6,270
|
| General and administrative |
16,085
|
11,592
|
| Depreciation and amortization |
41,297
|
47,631
|
| Total expenses |
118,801
|
125,090
|
| Operating income |
20,166
|
24,797
|
| OTHER (EXPENSE) INCOME |
|
|
| Interest expense |
(20,075)
|
(20,321)
|
| Interest and other investment income (loss) |
1,128
|
474
|
| Equity in earnings (loss) of unconsolidated joint ventures |
1,572
|
(51)
|
| Realized gains (losses) and unrealized losses on disposition of rental property, net |
58,186
|
5,506
|
| Gain on sale of investment in unconsolidated joint venture |
|
12,563
|
| Loss from extinguishment of debt, net |
(10,289)
|
(239)
|
| Total other income (expense) |
30,522
|
(2,068)
|
| Net income |
50,688
|
22,729
|
| Noncontrolling interest in consolidated joint ventures |
30
|
237
|
| Redeemable noncontrolling interest |
(2,799)
|
(792)
|
| Net income available to common shareholders |
$ 47,919
|
$ 22,174
|
| Basic earnings per common share: |
|
|
| Net income available to common shareholders |
$ 0.45
|
$ 0.11
|
| Diluted earnings per common share: |
|
|
| Net income available to common shareholders |
$ 0.45
|
$ 0.11
|
| Basic weighted average units outstanding |
100,505
|
100,339
|
| Diluted weighted average units outstanding |
100,604
|
100,637
|
| Mack-Cali Realty LP [Member] | Base Rents [Member] |
|
|
| REVENUES |
|
|
| Revenues |
$ 112,902
|
$ 121,255
|
| Mack-Cali Realty LP [Member] | Escalations And Recoveries From Tenants [Member] |
|
|
| REVENUES |
|
|
| Revenues |
12,791
|
15,119
|
| Mack-Cali Realty LP [Member] | Real Estate Services [Member] |
|
|
| REVENUES |
|
|
| Revenues |
4,661
|
6,465
|
| Mack-Cali Realty LP [Member] | Parking Income [Member] |
|
|
| REVENUES |
|
|
| Revenues |
5,327
|
4,229
|
| Mack-Cali Realty LP [Member] | Other Income [Member] |
|
|
| REVENUES |
|
|
| Revenues |
$ 3,286
|
$ 2,819
|