Consolidated Statements Of Operations - USD ($) shares in Thousands |
3 Months Ended |
Mar. 31, 2019 |
Mar. 31, 2018 |
| REVENUES |
|
|
| Revenue from leases |
$ 123,015,000
|
$ 125,693,000
|
| Total revenues |
134,249,000
|
138,967,000
|
| EXPENSES |
|
|
| Real estate taxes |
17,077,000
|
18,361,000
|
| Operating services |
24,962,000
|
25,618,000
|
| Real estate services expenses |
4,266,000
|
4,936,000
|
| Leasing personnel costs |
742,000
|
|
| General and administrative |
12,593,000
|
16,085,000
|
| Depreciation and amortization |
48,046,000
|
41,297,000
|
| Total expenses |
118,137,000
|
118,801,000
|
| OTHER (EXPENSE) INCOME |
|
|
| Interest expense |
(24,774,000)
|
(20,075,000)
|
| Interest and other investment income (loss) |
824,000
|
1,128,000
|
| Equity in earnings (loss) of unconsolidated joint ventures |
(681,000)
|
1,572,000
|
| Gain on change of control of interests |
13,790,000
|
|
| Realized gains (losses) and unrealized losses on disposition of rental property, net |
268,109,000
|
58,186,000
|
| Gain on sale of investment in unconsolidated joint venture |
903,000
|
|
| Gain (loss) from extinguishment of debt, net |
1,311,000
|
(10,289,000)
|
| Total other income (expense) |
259,482,000
|
30,522,000
|
| Net income |
275,594,000
|
50,688,000
|
| Noncontrolling interests in consolidated joint ventures |
1,248,000
|
30,000
|
| Noncontrolling interests in Operating Partnership |
(27,680,000)
|
(4,883,000)
|
| Redeemable noncontrolling interests |
(4,667,000)
|
(2,799,000)
|
| Net income available to common shareholders |
$ 244,495,000
|
$ 43,036,000
|
| Basic earnings per common share: |
|
|
| Net income available to common shareholders |
$ 2.67
|
$ 0.45
|
| Diluted earnings per common share: |
|
|
| Net income available to common shareholders |
$ 2.66
|
$ 0.45
|
| Basic weighted average shares outstanding |
90,498
|
90,263
|
| Diluted weighted average shares outstanding |
100,943
|
100,604
|
| Real Estate Services [Member] |
|
|
| REVENUES |
|
|
| Total revenues |
$ 3,842,000
|
$ 4,661,000
|
| Parking Income [Member] |
|
|
| REVENUES |
|
|
| Total revenues |
4,941,000
|
5,327,000
|
| Hotel Income [Member] |
|
|
| REVENUES |
|
|
| Total revenues |
283,000
|
|
| Other Income [Member] |
|
|
| REVENUES |
|
|
| Total revenues |
2,168,000
|
3,286,000
|
| Utilities [Member] |
|
|
| EXPENSES |
|
|
| Utilities |
10,451,000
|
12,504,000
|
| Mack-Cali Realty LP [Member] |
|
|
| REVENUES |
|
|
| Revenue from leases |
123,015,000
|
125,693,000
|
| Total revenues |
134,249,000
|
138,967,000
|
| EXPENSES |
|
|
| Real estate taxes |
17,077,000
|
18,361,000
|
| Utilities |
10,451,000
|
12,504,000
|
| Operating services |
24,962,000
|
25,618,000
|
| Real estate services expenses |
4,266,000
|
4,936,000
|
| Leasing personnel costs |
742,000
|
|
| General and administrative |
12,593,000
|
16,085,000
|
| Depreciation and amortization |
48,046,000
|
41,297,000
|
| Total expenses |
118,137,000
|
118,801,000
|
| OTHER (EXPENSE) INCOME |
|
|
| Interest expense |
(24,774,000)
|
(20,075,000)
|
| Interest and other investment income (loss) |
824,000
|
1,128,000
|
| Equity in earnings (loss) of unconsolidated joint ventures |
(681,000)
|
1,572,000
|
| Gain on change of control of interests |
13,790,000
|
|
| Realized gains (losses) and unrealized losses on disposition of rental property, net |
268,109,000
|
58,186,000
|
| Gain on sale of investment in unconsolidated joint venture |
903,000
|
|
| Gain (loss) from extinguishment of debt, net |
1,311,000
|
(10,289,000)
|
| Total other income (expense) |
259,482,000
|
30,522,000
|
| Net income |
275,594,000
|
50,688,000
|
| Noncontrolling interests in consolidated joint ventures |
1,248,000
|
30,000
|
| Redeemable noncontrolling interests |
(4,667,000)
|
(2,799,000)
|
| Net income available to common shareholders |
$ 272,175,000
|
$ 47,919,000
|
| Basic earnings per common share: |
|
|
| Net income available to common shareholders |
$ 2.67
|
$ 0.45
|
| Diluted earnings per common share: |
|
|
| Net income available to common shareholders |
$ 2.66
|
$ 0.45
|
| Basic weighted average units outstanding |
100,740
|
100,505
|
| Diluted weighted average units outstanding |
100,943
|
100,604
|
| Mack-Cali Realty LP [Member] | Real Estate Services [Member] |
|
|
| REVENUES |
|
|
| Total revenues |
$ 3,842,000
|
$ 4,661,000
|
| Mack-Cali Realty LP [Member] | Parking Income [Member] |
|
|
| REVENUES |
|
|
| Total revenues |
4,941,000
|
5,327,000
|
| Mack-Cali Realty LP [Member] | Hotel Income [Member] |
|
|
| REVENUES |
|
|
| Total revenues |
283,000
|
|
| Mack-Cali Realty LP [Member] | Other Income [Member] |
|
|
| REVENUES |
|
|
| Total revenues |
$ 2,168,000
|
$ 3,286,000
|