Mack-Cali Realty Corporation Stockholders' Equity And Mack-Cali Realty, L.P.'s Partners' Capital (Tables)
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3 Months Ended |
Mar. 31, 2021 |
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| Stockholders Equity [Line Items] |
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| Schedule Of General Partner Capital |
| | | | | | | Three Months Ended | | March 31, | | | 2021 | | | 2020 | Opening Balance | $ | 1,398,817 | | $ | 1,493,699 | Net income (loss) available to common shareholders | | 7,623 | | | (39,924) | Common stock distributions | | - | | | (18,119) | Redeemable noncontrolling interests | | (1,791) | | | (2,804) | Shares issued under Dividend Reinvestment and | | | | | | Stock Purchase Plan | | 18 | | | 19 | Directors' deferred compensation plan | | 72 | | | 82 | Stock Compensation | | 646 | | | 430 | Cancellation of common stock | | (118) | | | - | Other comprehensive income (loss) | | - | | | 18 | Rebalancing of ownership percent between parent and | | | | | | subsidiaries | | 1,556 | | | 742 | Balance at March 31 | $ | 1,406,823 | | $ | 1,434,143 |
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| Schedule Of Reconciliation Of Shares Used In Basic EPS Calculation To Shares Used In Diluted EPS Calculation |
| | | | | | | | Three Months Ended | | | March 31, | Computation of Basic EPS | | 2021 | | | 2020 | Income (loss) from continuing operations | $ | (20,222) | | $ | (31,004) | Add (deduct): Noncontrolling interests in consolidated joint ventures | | 1,335 | | | 176 | Add (deduct): Noncontrolling interests in Operating Partnership | | 2,305 | | | 3,562 | Add (deduct): Redeemable noncontrolling interests | | (6,471) | | | (6,471) | Add (deduct): Redemption value adjustment of redeemable noncontrolling | | | | | | interests attributable to common shareholders | | (1,791) | | | (2,804) | Income (loss) from continuing operations available to common shareholders | | (24,844) | | | (36,541) | Income (loss) from discontinued operations available to common shareholders | | 30,676 | | | (6,187) | Net income (loss) available to common shareholders for basic earnings per share | $ | 5,832 | | $ | (42,728) | | | | | | | Weighted average common shares | | 90,692 | | | 90,616 | | | | | | | Basic EPS: | | | | | | Income (loss) from continuing operations available to common shareholders | $ | (0.28) | | $ | (0.40) | Income (loss) from discontinued operations available to common shareholders | | 0.34 | | | (0.07) | Net income (loss) available to common shareholders | $ | 0.06 | | $ | (0.47) |
| | | | | | | | | | | | | | Three Months Ended | | | March 31, | Computation of Diluted EPS | | 2021 | | | 2020 | Net income (loss) from continuing operations available to common shareholders | $ | (24,844) | | $ | (36,541) | Add (deduct): Noncontrolling interests in Operating Partnership | | (2,305) | | | (3,562) | Add (deduct): Redemption value adjustment of redeemable noncontrolling | | | | | | interests attributable to the Operating Partnership unitholders | | (179) | | | (296) | Income (loss) from continuing operations for diluted earnings per share | | (27,328) | | | (40,399) | Income (loss) from discontinued operations for diluted earnings per share | | 33,743 | | | (6,840) | Net income (loss) available for diluted earnings per share | $ | 6,415 | | $ | (47,239) | | | | | | | Weighted average common shares | | 99,760 | | | 100,183 | | | | | | | Diluted EPS: | | | | | | Income (loss) from continuing operations available to common shareholders | $ | (0.28) | | $ | (0.40) | Income (loss) from discontinued operations available to common shareholders | | 0.34 | | | (0.07) | Net income (loss) available to common shareholders | $ | 0.06 | | $ | (0.47) |
The following schedule reconciles the weighted average shares used in the basic EPS calculation to the shares used in the diluted EPS calculation (in thousands): | | | | | | | Three Months Ended | | | March 31, | | | 2021 | | 2020 | Basic EPS shares | | 90,692 | | 90,616 | Add: Operating Partnership – common and vested LTIP units | | 9,068 | | 9,567 | Restricted Stock Awards | | - | | - | Stock Options | | - | | - | Diluted EPS Shares | | 99,760 | | 100,183 |
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| Mack-Cali Realty LP [Member] |
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| Stockholders Equity [Line Items] |
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| Schedule Of Reconciliation Of Shares Used In Basic EPS Calculation To Shares Used In Diluted EPS Calculation |
| | | | | | | | | | Three Months Ended | | | | March 31, | Computation of Basic EPU | | | 2021 | | | 2020 | Income (loss) from continuing operations | | $ | (20,222) | | $ | (31,004) | Add (deduct): Noncontrolling interests in consolidated joint ventures | | | 1,335 | | | 176 | Add (deduct): Redeemable noncontrolling interests | | | (6,471) | | | (6,471) | Add (deduct): Redemption value adjustment of redeemable noncontrolling interests | | | (1,970) | | | (3,100) | Income (loss) from continuing operations available to unitholders | | | (27,328) | | | (40,399) | Income (loss) from discontinued operations available to unitholders | | | 33,743 | | | (6,840) | Net income (loss) available to common unitholders for basic earnings per unit | | $ | 6,415 | | $ | (47,239) | | | | | | | | Weighted average common units | | | 99,760 | | | 100,183 | | | | | | | | Basic EPU: | | | | | | | Income (loss) from continuing operations available to unitholders | | $ | (0.28) | | $ | (0.40) | Income (loss) from discontinued operations available to unitholders | | | 0.34 | | | (0.07) | Net income (loss) available to common unitholders for basic earnings per unit | | $ | 0.06 | | $ | (0.47) | | | | | | | | | | | | | | | Three Months Ended | | | | March 31, | Computation of Diluted EPU | | | 2021 | | | 2020 | Net income (loss) from continuing operations available to common unitholders | | $ | (27,328) | | $ | (40,399) | Income (loss) from discontinued operations for diluted earnings per unit | | | 33,743 | | | (6,840) | Net income (loss) available to common unitholders for diluted earnings per unit | | $ | 6,415 | | $ | (47,239) | | | | | | | | Weighted average common unit | | | 99,760 | | | 100,183 | | | | | | | | Diluted EPU: | | | | | | | Income (loss) from continuing operations available to common unitholders | | $ | (0.28) | | $ | (0.40) | Income (loss) from discontinued operations available to common unitholders | | | 0.34 | | | (0.07) | Net income (loss) available to common unitholders | | $ | 0.06 | | $ | (0.47) |
The following schedule reconciles the weighted average units used in the basic EPU calculation to the units used in the diluted EPU calculation (in thousands): | | | | | | | Three Months Ended | | | March 31, | | | 2021 | | 2020 | Basic EPU units | | 99,760 | | 100,183 | Add: Restricted Stock Awards | | - | | - | Add: Stock Options | | - | | - | Diluted EPU Units | | 99,760 | | 100,183 |
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