Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements Of Operations

v2.4.1.9
Consolidated Statements Of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
REVENUES    
Base rents $ 123,793us-gaap_OperatingLeasesIncomeStatementLeaseRevenue $ 134,051us-gaap_OperatingLeasesIncomeStatementLeaseRevenue
Escalations and recoveries from tenants 18,399us-gaap_TenantReimbursements 25,568us-gaap_TenantReimbursements
Real estate services 7,644us-gaap_OtherRealEstateRevenue 6,692us-gaap_OtherRealEstateRevenue
Parking income 2,542us-gaap_ParkingRevenue 2,114us-gaap_ParkingRevenue
Other income 1,337us-gaap_OtherOperatingIncome 1,171us-gaap_OtherOperatingIncome
Total revenues 153,715us-gaap_RealEstateRevenueNet 169,596us-gaap_RealEstateRevenueNet
EXPENSES    
Real estate taxes 22,452us-gaap_RealEstateTaxExpense 24,351us-gaap_RealEstateTaxExpense
Utilities 17,575us-gaap_UtilitiesCosts 28,281us-gaap_UtilitiesCosts
Operating services 28,228us-gaap_OperatingCostsAndExpenses 29,222us-gaap_OperatingCostsAndExpenses
Real estate services expenses 6,639cli_CostsOfRealEstateServices 6,709cli_CostsOfRealEstateServices
General and administrative 11,011us-gaap_GeneralAndAdministrativeExpense 22,881us-gaap_GeneralAndAdministrativeExpense
Depreciation and amortization 40,802us-gaap_DepreciationAndAmortization 44,985us-gaap_DepreciationAndAmortization
Total expenses 126,707us-gaap_CostsAndExpenses 156,429us-gaap_CostsAndExpenses
Operating income 27,008us-gaap_OperatingIncomeLoss 13,167us-gaap_OperatingIncomeLoss
OTHER (EXPENSE) INCOME    
Interest expense (27,215)us-gaap_InterestExpense (29,946)us-gaap_InterestExpense
Interest and other investment income 267us-gaap_InvestmentIncomeInterestAndDividend 386us-gaap_InvestmentIncomeInterestAndDividend
Equity in earnings (loss) of unconsolidated joint ventures (3,529)us-gaap_IncomeLossFromEquityMethodInvestments (1,235)us-gaap_IncomeLossFromEquityMethodInvestments
Realized gains (losses) on disposition of rental property, net 144us-gaap_GainLossOnDispositionOfAssets  
Total other (expense) income (30,333)us-gaap_NonoperatingIncomeExpense (30,795)us-gaap_NonoperatingIncomeExpense
Net loss (3,325)us-gaap_ProfitLoss (17,628)us-gaap_ProfitLoss
Noncontrolling interest in consolidated joint ventures 490us-gaap_NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable 322us-gaap_NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable
Noncontrolling interest in Operating Partnership 314us-gaap_NoncontrollingInterestInNetIncomeLossOperatingPartnershipsNonredeemable 2,008us-gaap_NoncontrollingInterestInNetIncomeLossOperatingPartnershipsNonredeemable
Net loss available to common shareholders $ (2,521)us-gaap_NetIncomeLoss $ (15,298)us-gaap_NetIncomeLoss
Basic earnings per common share:    
Net loss available to common shareholders $ (0.03)us-gaap_EarningsPerShareBasic $ (0.17)us-gaap_EarningsPerShareBasic
Diluted earnings per common share:    
Net loss available to common unitholders $ (0.03)us-gaap_EarningsPerShareDiluted $ (0.17)us-gaap_EarningsPerShareDiluted
Basic weighted average shares outstanding 89,192us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 88,289us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted weighted average shares outstanding 100,266us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 99,876us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding