Consolidated Statements Of Operations - USD ($) shares in Thousands, $ in Thousands |
3 Months Ended |
9 Months Ended |
Sep. 30, 2021 |
Sep. 30, 2020 |
Sep. 30, 2021 |
Sep. 30, 2020 |
| REVENUES |
|
|
|
|
| Revenue from leases |
$ 72,243
|
$ 67,396
|
$ 206,950
|
$ 205,732
|
| Total revenues |
83,744
|
79,197
|
241,084
|
236,999
|
| EXPENSES |
|
|
|
|
| Real estate taxes |
11,905
|
11,004
|
35,958
|
32,920
|
| Utilities |
3,573
|
3,598
|
10,816
|
10,564
|
| Operating services |
17,291
|
19,116
|
51,831
|
51,179
|
| Real estate services expenses |
3,307
|
3,299
|
9,838
|
10,107
|
| General and administrative |
11,292
|
26,361
|
43,347
|
59,423
|
| Dead deal and transaction-related costs |
3,671
|
2,583
|
6,416
|
2,583
|
| Depreciation and amortization |
29,344
|
31,769
|
86,410
|
93,104
|
| Property impairments |
|
36,582
|
6,041
|
36,582
|
| Land and other impairments, net |
3,401
|
1,292
|
11,333
|
23,401
|
| Total expenses |
83,784
|
135,604
|
261,990
|
319,863
|
| OTHER (EXPENSE) INCOME |
|
|
|
|
| Interest expense |
(15,200)
|
(20,265)
|
(49,364)
|
(61,794)
|
| Interest and other investment income (loss) |
(4,731)
|
3
|
(4,620)
|
42
|
| Equity in earnings (loss) of unconsolidated joint ventures |
(1,724)
|
1,373
|
(2,831)
|
(281)
|
| Realized gains (losses) and unrealized gains (losses) on disposition of rental property, net |
(3,000)
|
|
521
|
(7,915)
|
| Gain on disposition of developable land |
|
|
111
|
4,813
|
| Gain (loss) on sale of unconsolidated joint venture interests |
(1,886)
|
|
(1,886)
|
|
| Loss from extinguishment of debt, net |
|
|
(46,735)
|
|
| Total other income (expense) |
(26,541)
|
(18,889)
|
(104,804)
|
(65,135)
|
| Loss from continuing operations |
(26,581)
|
(75,296)
|
(125,710)
|
(147,999)
|
| Discontinued operations: |
|
|
|
|
| Income from discontinued operations |
180
|
18,403
|
13,939
|
60,004
|
| Realized gains (losses) and unrealized gains (losses) on disposition of rental property and impairments, net |
609
|
15,775
|
25,469
|
(23,901)
|
| Total discontinued operations, net |
789
|
34,178
|
39,408
|
36,103
|
| Net loss |
(25,792)
|
(41,118)
|
(86,302)
|
(111,896)
|
| Noncontrolling interests in consolidated joint ventures |
1,137
|
895
|
3,670
|
1,900
|
| Noncontrolling interests in Operating Partnership of income from continuing operations |
2,884
|
7,769
|
12,858
|
15,859
|
| Noncontrolling interests in Operating Partnership in discontinued operations |
(72)
|
(3,283)
|
(3,583)
|
(3,469)
|
| Redeemable noncontrolling interests |
(6,471)
|
(6,471)
|
(19,413)
|
(19,413)
|
| Net loss available to common shareholders |
$ (28,314)
|
$ (42,208)
|
$ (92,770)
|
$ (117,019)
|
| Basic earnings per common share: |
|
|
|
|
| Loss from continuing operations |
$ (0.34)
|
$ (0.83)
|
$ (1.47)
|
$ (1.73)
|
| Discontinued operations |
0.01
|
0.34
|
0.39
|
0.36
|
| Net loss available to common shareholders |
(0.33)
|
(0.49)
|
(1.08)
|
(1.37)
|
| Diluted earnings per common share: |
|
|
|
|
| Loss from continuing operations |
(0.34)
|
(0.83)
|
(1.47)
|
(1.73)
|
| Discontinued operations |
0.01
|
0.34
|
0.39
|
0.36
|
| Net loss available to common shareholders |
$ (0.33)
|
$ (0.49)
|
$ (1.08)
|
$ (1.37)
|
| Basic weighted average shares outstanding |
90,941
|
90,671
|
90,803
|
90,639
|
| Diluted weighted average shares outstanding |
99,975
|
100,307
|
99,870
|
100,235
|
| Real Estate Services [Member] |
|
|
|
|
| REVENUES |
|
|
|
|
| Total revenues |
$ 2,628
|
$ 2,876
|
$ 7,748
|
$ 8,624
|
| Parking Income [Member] |
|
|
|
|
| REVENUES |
|
|
|
|
| Total revenues |
3,950
|
4,033
|
10,520
|
12,332
|
| Hotel Income [Member] |
|
|
|
|
| REVENUES |
|
|
|
|
| Total revenues |
3,018
|
893
|
6,785
|
3,290
|
| Other Income [Member] |
|
|
|
|
| REVENUES |
|
|
|
|
| Total revenues |
1,905
|
3,999
|
9,081
|
7,021
|
| Mack-Cali Realty LP [Member] |
|
|
|
|
| REVENUES |
|
|
|
|
| Revenue from leases |
72,243
|
67,396
|
206,950
|
205,732
|
| Total revenues |
83,744
|
79,197
|
241,084
|
236,999
|
| EXPENSES |
|
|
|
|
| Real estate taxes |
11,905
|
11,004
|
35,958
|
32,920
|
| Utilities |
3,573
|
3,598
|
10,816
|
10,564
|
| Operating services |
17,291
|
19,116
|
51,831
|
51,179
|
| Real estate services expenses |
3,307
|
3,299
|
9,838
|
10,107
|
| General and administrative |
11,292
|
26,361
|
43,347
|
59,423
|
| Dead deal and transaction-related costs |
3,671
|
2,583
|
6,416
|
2,583
|
| Depreciation and amortization |
29,344
|
31,769
|
86,410
|
93,104
|
| Property impairments |
|
36,582
|
6,041
|
36,582
|
| Land and other impairments, net |
3,401
|
1,292
|
11,333
|
23,401
|
| Total expenses |
83,784
|
135,604
|
261,990
|
319,863
|
| OTHER (EXPENSE) INCOME |
|
|
|
|
| Interest expense |
(15,200)
|
(20,265)
|
(49,364)
|
(61,794)
|
| Interest and other investment income (loss) |
(4,731)
|
3
|
(4,620)
|
42
|
| Equity in earnings (loss) of unconsolidated joint ventures |
(1,724)
|
1,373
|
(2,831)
|
(281)
|
| Realized gains (losses) and unrealized gains (losses) on disposition of rental property, net |
(3,000)
|
|
521
|
(7,915)
|
| Gain on disposition of developable land |
|
|
111
|
4,813
|
| Gain (loss) on sale of unconsolidated joint venture interests |
(1,886)
|
|
(1,886)
|
|
| Loss from extinguishment of debt, net |
|
|
(46,735)
|
|
| Total other income (expense) |
(26,541)
|
(18,889)
|
(104,804)
|
(65,135)
|
| Loss from continuing operations |
(26,581)
|
(75,296)
|
(125,710)
|
(147,999)
|
| Discontinued operations: |
|
|
|
|
| Income from discontinued operations |
180
|
18,403
|
13,939
|
60,004
|
| Realized gains (losses) and unrealized gains (losses) on disposition of rental property and impairments, net |
609
|
15,775
|
25,469
|
(23,901)
|
| Total discontinued operations, net |
789
|
34,178
|
39,408
|
36,103
|
| Net loss |
(25,792)
|
(41,118)
|
(86,302)
|
(111,896)
|
| Noncontrolling interests in consolidated joint ventures |
1,137
|
895
|
3,670
|
1,900
|
| Redeemable noncontrolling interests |
(6,471)
|
(6,471)
|
(19,413)
|
(19,413)
|
| Net loss available to common shareholders |
$ (31,126)
|
$ (46,694)
|
$ (102,045)
|
$ (129,409)
|
| Basic earnings per common share: |
|
|
|
|
| Loss from continuing operations |
$ (0.34)
|
$ (0.83)
|
$ (1.47)
|
$ (1.73)
|
| Discontinued operations |
0.01
|
0.34
|
0.39
|
0.36
|
| Net loss available to common shareholders |
(0.33)
|
(0.49)
|
(1.08)
|
(1.37)
|
| Diluted earnings per common share: |
|
|
|
|
| Loss from continuing operations |
(0.34)
|
(0.83)
|
(1.47)
|
(1.73)
|
| Discontinued operations |
0.01
|
0.34
|
0.39
|
0.36
|
| Net loss available to common shareholders |
$ (0.33)
|
$ (0.49)
|
$ (1.08)
|
$ (1.37)
|
| Basic weighted average units outstanding |
99,975
|
100,307
|
99,870
|
100,235
|
| Diluted weighted average units outstanding |
99,975
|
100,307
|
99,870
|
100,235
|
| Mack-Cali Realty LP [Member] | Real Estate Services [Member] |
|
|
|
|
| REVENUES |
|
|
|
|
| Total revenues |
$ 2,628
|
$ 2,876
|
$ 7,748
|
$ 8,624
|
| Mack-Cali Realty LP [Member] | Parking Income [Member] |
|
|
|
|
| REVENUES |
|
|
|
|
| Total revenues |
3,950
|
4,033
|
10,520
|
12,332
|
| Mack-Cali Realty LP [Member] | Hotel Income [Member] |
|
|
|
|
| REVENUES |
|
|
|
|
| Total revenues |
3,018
|
893
|
6,785
|
3,290
|
| Mack-Cali Realty LP [Member] | Other Income [Member] |
|
|
|
|
| REVENUES |
|
|
|
|
| Total revenues |
$ 1,905
|
$ 3,999
|
$ 9,081
|
$ 7,021
|