Consolidated Statements Of Operations - USD ($) shares in Thousands |
3 Months Ended |
6 Months Ended |
Jun. 30, 2019 |
Jun. 30, 2018 |
Jun. 30, 2019 |
Jun. 30, 2018 |
| REVENUES |
|
|
|
|
| Revenue from leases |
$ 116,784,000
|
$ 113,885,000
|
$ 239,799,000
|
$ 239,578,000
|
| Total revenues |
130,461,000
|
126,589,000
|
264,710,000
|
265,556,000
|
| EXPENSES |
|
|
|
|
| Real estate taxes |
16,597,000
|
17,966,000
|
33,674,000
|
36,327,000
|
| Operating services |
26,161,000
|
22,939,000
|
51,123,000
|
48,557,000
|
| Real estate services expenses |
3,979,000
|
4,360,000
|
8,245,000
|
9,296,000
|
| Leasing personnel costs |
542,000
|
|
1,284,000
|
|
| General and administrative |
16,427,000
|
13,455,000
|
29,020,000
|
29,540,000
|
| Depreciation and amortization |
49,352,000
|
41,413,000
|
97,398,000
|
82,710,000
|
| Property impairments |
5,802,000
|
|
5,802,000
|
|
| Land impairments |
2,499,000
|
|
2,499,000
|
|
| Total expenses |
128,815,000
|
107,688,000
|
246,952,000
|
226,489,000
|
| OTHER (EXPENSE) INCOME |
|
|
|
|
| Interest expense |
(23,515,000)
|
(18,999,000)
|
(48,289,000)
|
(39,074,000)
|
| Interest and other investment income (loss) |
515,000
|
641,000
|
1,339,000
|
1,769,000
|
| Equity in earnings (loss) of unconsolidated joint ventures |
(88,000)
|
(52,000)
|
(769,000)
|
1,520,000
|
| Gain on change of control of interests |
|
|
13,790,000
|
|
| Realized gains (losses) and unrealized losses on disposition of rental property, net |
255,000
|
1,010,000
|
268,364,000
|
59,196,000
|
| Gain on disposition of developable land |
270,000
|
|
270,000
|
|
| Gain on sale of investment in unconsolidated joint venture |
|
|
903,000
|
|
| Gain (loss) from extinguishment of debt, net |
588,000
|
0
|
1,899,000
|
(10,289,000)
|
| Total other income (expense) |
(21,975,000)
|
(17,400,000)
|
237,507,000
|
13,122,000
|
| Net income (loss) |
(20,329,000)
|
1,501,000
|
255,265,000
|
52,189,000
|
| Noncontrolling interests in consolidated joint ventures |
847,000
|
95,000
|
2,095,000
|
125,000
|
| Noncontrolling interests in Operating Partnership |
2,434,000
|
142,000
|
(25,246,000)
|
(4,741,000)
|
| Redeemable noncontrolling interests |
(5,006,000)
|
(2,989,000)
|
(9,673,000)
|
(5,788,000)
|
| Net income (loss) available to common shareholders |
$ (22,054,000)
|
$ (1,251,000)
|
$ 222,441,000
|
$ 41,785,000
|
| Basic earnings per common share: |
|
|
|
|
| Net income (loss) available to common shareholders |
$ (0.43)
|
$ (0.05)
|
$ 2.24
|
$ 0.39
|
| Diluted earnings per common share: |
|
|
|
|
| Net income (loss) available to common shareholders |
$ (0.43)
|
$ (0.05)
|
$ 2.24
|
$ 0.39
|
| Basic weighted average shares outstanding |
90,533
|
90,330
|
90,516
|
90,297
|
| Diluted weighted average shares outstanding |
100,523
|
100,598
|
100,825
|
100,607
|
| Real Estate Services [Member] |
|
|
|
|
| REVENUES |
|
|
|
|
| Total revenues |
$ 3,530,000
|
$ 4,074,000
|
$ 7,372,000
|
$ 8,735,000
|
| Parking Income [Member] |
|
|
|
|
| REVENUES |
|
|
|
|
| Total revenues |
5,563,000
|
5,757,000
|
10,504,000
|
11,084,000
|
| Hotel Income [Member] |
|
|
|
|
| REVENUES |
|
|
|
|
| Total revenues |
2,094,000
|
|
2,377,000
|
|
| Other Income [Member] |
|
|
|
|
| REVENUES |
|
|
|
|
| Total revenues |
2,490,000
|
2,873,000
|
4,658,000
|
6,159,000
|
| Utilities [Member] |
|
|
|
|
| EXPENSES |
|
|
|
|
| Utilities |
7,456,000
|
7,555,000
|
17,907,000
|
20,059,000
|
| Mack-Cali Realty LP [Member] |
|
|
|
|
| REVENUES |
|
|
|
|
| Revenue from leases |
116,784,000
|
113,885,000
|
239,799,000
|
239,578,000
|
| Total revenues |
130,461,000
|
126,589,000
|
264,710,000
|
265,556,000
|
| EXPENSES |
|
|
|
|
| Real estate taxes |
16,597,000
|
17,966,000
|
33,674,000
|
36,327,000
|
| Utilities |
7,456,000
|
7,555,000
|
17,907,000
|
20,059,000
|
| Operating services |
26,161,000
|
22,939,000
|
51,123,000
|
48,557,000
|
| Real estate services expenses |
3,979,000
|
4,360,000
|
8,245,000
|
9,296,000
|
| Leasing personnel costs |
542,000
|
|
1,284,000
|
|
| General and administrative |
16,427,000
|
13,455,000
|
29,020,000
|
29,540,000
|
| Depreciation and amortization |
49,352,000
|
41,413,000
|
97,398,000
|
82,710,000
|
| Property impairments |
5,802,000
|
|
5,802,000
|
|
| Land impairments |
2,499,000
|
|
2,499,000
|
|
| Total expenses |
128,815,000
|
107,688,000
|
246,952,000
|
226,489,000
|
| OTHER (EXPENSE) INCOME |
|
|
|
|
| Interest expense |
(23,515,000)
|
(18,999,000)
|
(48,289,000)
|
(39,074,000)
|
| Interest and other investment income (loss) |
515,000
|
641,000
|
1,339,000
|
1,769,000
|
| Equity in earnings (loss) of unconsolidated joint ventures |
(88,000)
|
(52,000)
|
(769,000)
|
1,520,000
|
| Gain on change of control of interests |
|
|
13,790,000
|
|
| Realized gains (losses) and unrealized losses on disposition of rental property, net |
255,000
|
1,010,000
|
268,364,000
|
59,196,000
|
| Gain on disposition of developable land |
270,000
|
|
270,000
|
|
| Gain on sale of investment in unconsolidated joint venture |
|
|
903,000
|
|
| Gain (loss) from extinguishment of debt, net |
588,000
|
|
1,899,000
|
(10,289,000)
|
| Total other income (expense) |
(21,975,000)
|
(17,400,000)
|
237,507,000
|
13,122,000
|
| Net income (loss) |
(20,329,000)
|
1,501,000
|
255,265,000
|
52,189,000
|
| Noncontrolling interests in consolidated joint ventures |
847,000
|
95,000
|
2,095,000
|
125,000
|
| Redeemable noncontrolling interests |
(5,006,000)
|
(2,989,000)
|
(9,673,000)
|
(5,788,000)
|
| Net income (loss) available to common shareholders |
$ (24,488,000)
|
$ (1,393,000)
|
$ 247,687,000
|
$ 46,526,000
|
| Basic earnings per common share: |
|
|
|
|
| Net income (loss) available to common shareholders |
$ (0.43)
|
$ (0.05)
|
$ 2.24
|
$ 0.39
|
| Diluted earnings per common share: |
|
|
|
|
| Net income (loss) available to common shareholders |
$ (0.43)
|
$ (0.05)
|
$ 2.24
|
$ 0.39
|
| Basic weighted average units outstanding |
100,523
|
100,598
|
100,631
|
100,552
|
| Diluted weighted average units outstanding |
100,523
|
100,598
|
100,825
|
100,607
|
| Mack-Cali Realty LP [Member] | Real Estate Services [Member] |
|
|
|
|
| REVENUES |
|
|
|
|
| Total revenues |
$ 3,530,000
|
$ 4,074,000
|
$ 7,372,000
|
$ 8,735,000
|
| Mack-Cali Realty LP [Member] | Parking Income [Member] |
|
|
|
|
| REVENUES |
|
|
|
|
| Total revenues |
5,563,000
|
5,757,000
|
10,504,000
|
11,084,000
|
| Mack-Cali Realty LP [Member] | Hotel Income [Member] |
|
|
|
|
| REVENUES |
|
|
|
|
| Total revenues |
2,094,000
|
|
2,377,000
|
|
| Mack-Cali Realty LP [Member] | Other Income [Member] |
|
|
|
|
| REVENUES |
|
|
|
|
| Total revenues |
$ 2,490,000
|
$ 2,873,000
|
$ 4,658,000
|
$ 6,159,000
|