Consolidated Balance Sheets - USD ($)
$ in Thousands |
Jun. 30, 2018 |
Dec. 31, 2017 |
| Rental property |
|
|
| Land and leasehold interests |
$ 782,990
|
$ 786,789
|
| Buildings and improvements |
4,012,029
|
3,955,122
|
| Tenant improvements |
327,731
|
330,686
|
| Furniture, fixtures and equipment |
36,993
|
30,247
|
| Gross investment in rental property |
5,159,743
|
5,102,844
|
| Less - accumulated depreciation and amortization |
(1,072,029)
|
(1,087,083)
|
| Total investment in rental property |
4,087,714
|
4,015,761
|
| Rental property held for sale, net |
56,419
|
171,578
|
| Net investment in rental property |
4,144,133
|
4,187,339
|
| Cash and cash equivalents |
29,664
|
28,180
|
| Restricted cash |
22,121
|
39,792
|
| Investments in unconsolidated joint ventures |
247,607
|
252,626
|
| Unbilled rents receivable, net |
98,252
|
100,842
|
| Deferred charges, goodwill and other assets, net |
310,118
|
342,320
|
| Accounts receivable, net of allowance for doubtful accounts of $329 and $1,138 |
6,389
|
6,786
|
| Total assets |
4,858,284
|
4,957,885
|
| LIABILITIES AND EQUITY |
|
|
| Senior unsecured notes, net |
569,730
|
569,145
|
| Unsecured revolving credit facility and term loans |
856,188
|
822,288
|
| Mortgages, loans payable and other obligations, net |
1,220,519
|
1,418,135
|
| Dividends and distributions payable |
21,407
|
21,158
|
| Accounts payable, accrued expenses and other liabilities |
180,941
|
192,716
|
| Rents received in advance and security deposits |
39,450
|
43,993
|
| Accrued interest payable |
8,518
|
9,519
|
| Total liabilities |
2,896,753
|
3,076,954
|
| Commitments and contingencies |
|
|
| Redeemable noncontrolling interests |
284,215
|
212,208
|
| Mack-Cali Realty stockholders' equity: |
|
|
| Common stock, $0.01 par value, 190,000,000 shares authorized, 90,286,268 and 89,914,113 shares outstanding |
902
|
899
|
| Additional paid-in capital |
2,564,153
|
2,565,136
|
| Dividends in excess of net earnings |
(1,090,724)
|
(1,096,429)
|
| Accumulated other comprehensive income (loss) |
12,916
|
6,689
|
| Total Mack-Cali Realty Corporation stockholders' equity |
1,487,247
|
1,476,295
|
| Noncontrolling interests in subsidiaries: |
|
|
| Operating Partnership |
169,110
|
171,395
|
| Consolidated joint ventures |
20,959
|
21,033
|
| Total noncontrolling interests in subsidiaries |
190,069
|
192,428
|
| Total equity |
1,677,316
|
1,668,723
|
| Total liabilities and equity |
4,858,284
|
4,957,885
|
| Mack-Cali Realty LP [Member] |
|
|
| Rental property |
|
|
| Land and leasehold interests |
782,990
|
786,789
|
| Buildings and improvements |
4,012,029
|
3,955,122
|
| Tenant improvements |
327,731
|
330,686
|
| Furniture, fixtures and equipment |
36,993
|
30,247
|
| Gross investment in rental property |
5,159,743
|
5,102,844
|
| Less - accumulated depreciation and amortization |
(1,072,029)
|
(1,087,083)
|
| Total investment in rental property |
4,087,714
|
4,015,761
|
| Rental property held for sale, net |
56,419
|
171,578
|
| Net investment in rental property |
4,144,133
|
4,187,339
|
| Cash and cash equivalents |
29,664
|
28,180
|
| Restricted cash |
22,121
|
39,792
|
| Investments in unconsolidated joint ventures |
247,607
|
252,626
|
| Unbilled rents receivable, net |
98,252
|
100,842
|
| Deferred charges, goodwill and other assets, net |
310,118
|
342,320
|
| Accounts receivable, net of allowance for doubtful accounts of $329 and $1,138 |
6,389
|
6,786
|
| Total assets |
4,858,284
|
4,957,885
|
| LIABILITIES AND EQUITY |
|
|
| Senior unsecured notes, net |
569,730
|
569,145
|
| Unsecured revolving credit facility and term loans |
856,188
|
822,288
|
| Mortgages, loans payable and other obligations, net |
1,220,519
|
1,418,135
|
| Dividends and distributions payable |
21,407
|
21,158
|
| Accounts payable, accrued expenses and other liabilities |
180,941
|
192,716
|
| Rents received in advance and security deposits |
39,450
|
43,993
|
| Accrued interest payable |
8,518
|
9,519
|
| Total liabilities |
2,896,753
|
3,076,954
|
| Commitments and contingencies |
|
|
| Redeemable noncontrolling interests |
284,215
|
212,208
|
| Mack-Cali Realty stockholders' equity: |
|
|
| General Partner, 90,286,268 and 89,914,113 common units outstanding |
1,411,244
|
1,407,366
|
| Limited partners, 10,211,079 and 10,438,855 common units outstanding |
232,197
|
233,635
|
| Accumulated other comprehensive income (loss) |
12,916
|
6,689
|
| Total Mack-Cali Realty, L.P. partners' capital |
1,656,357
|
1,647,690
|
| Noncontrolling interests in subsidiaries: |
|
|
| Noncontrolling interests in consolidated joint ventures |
20,959
|
21,033
|
| Total equity |
1,677,316
|
1,668,723
|
| Total liabilities and equity |
$ 4,858,284
|
$ 4,957,885
|