Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements Of Operations

v3.5.0.2
Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
REVENUES        
Base rents $ 129,523 $ 119,707 $ 380,133 $ 364,746
Escalations and recoveries from tenants 16,177 15,050 45,248 49,291
Real estate services 6,650 7,510 19,931 22,555
Parking income 3,443 2,749 10,131 8,141
Other income 1,724 1,142 4,224 3,707
Total revenues 157,517 146,158 459,667 448,440
EXPENSES        
Real estate taxes 20,606 19,143 66,250 63,005
Utilities 14,127 13,172 38,658 44,146
Operating services 25,553 24,535 76,309 78,607
Real estate services expenses 6,361 6,673 19,418 19,520
General and administrative 14,007 13,670 39,011 36,558
Acquisition-related costs 815   2,854 111
Depreciation and amortization 48,117 44,099 134,639 127,266
Impairments   164,176   164,176
Total expenses 129,586 285,468 377,139 533,389
Operating income (loss) 27,931 (139,310) 82,528 (84,949)
OTHER (EXPENSE) INCOME        
Interest expense (24,233) (24,689) (72,158) (78,677)
Interest and other investment income (loss) 1,262 5 739 563
Equity in earnings (loss) of unconsolidated joint ventures 21,790 3,135 19,622 (2,723)
Gain on change of control of interests     15,347  
Realized gains (losses) and unrealized losses on disposition of rental property, net (17,053) 18,718 68,664 53,261
Gain on sale of investment in unconsolidated joint venture     5,670 6,448
Loss from extinguishment of debt, net (19,302)   (6,882)  
Total other income (expense) (37,536) (2,831) 31,002 (21,128)
Net income (loss) (9,605) (142,141) 113,530 (106,077)
Noncontrolling interest in consolidated joint ventures 65 (281) 460 582
Noncontrolling interest in Operating Partnership 999 15,530 (11,947) 11,461
Net income (loss) available to common shareholders $ (8,541) $ (126,892) $ 102,043 $ (94,034)
Basic earnings per common share:        
Net income (loss) available to common shareholders $ (0.10) $ (1.42) $ 1.14 $ (1.05)
Diluted earnings per common share:        
Net income (loss) available to common shareholders $ (0.10) $ (1.42) $ 1.13 $ (1.05)
Basic weighted average shares outstanding 89,755 89,249 89,739 89,229
Diluted weighted average shares outstanding 100,253 100,172 100,486 100,236
Mack Cali Realty LP [Member]        
REVENUES        
Base rents $ 129,523 $ 119,707 $ 380,133 $ 364,746
Escalations and recoveries from tenants 16,177 15,050 45,248 49,291
Real estate services 6,650 7,510 19,931 22,555
Parking income 3,443 2,749 10,131 8,141
Other income 1,724 1,142 4,224 3,707
Total revenues 157,517 146,158 459,667 448,440
EXPENSES        
Real estate taxes 20,606 19,143 66,250 63,005
Utilities 14,127 13,172 38,658 44,146
Operating services 25,553 24,535 76,309 78,607
Real estate services expenses 6,361 6,673 19,418 19,520
General and administrative 14,007 13,670 39,011 36,558
Acquisition-related costs 815   2,854 111
Depreciation and amortization 48,117 44,099 134,639 127,266
Impairments   164,176   164,176
Total expenses 129,586 285,468 377,139 533,389
Operating income (loss) 27,931 (139,310) 82,528 (84,949)
OTHER (EXPENSE) INCOME        
Interest expense (24,233) (24,689) (72,158) (78,677)
Interest and other investment income (loss) 1,262 5 739 563
Equity in earnings (loss) of unconsolidated joint ventures 21,790 3,135 19,622 (2,723)
Gain on change of control of interests     15,347  
Realized gains (losses) and unrealized losses on disposition of rental property, net (17,053) 18,718 68,664 53,261
Gain on sale of investment in unconsolidated joint venture     5,670 6,448
Loss from extinguishment of debt, net (19,302)   (6,882)  
Total other income (expense) (37,536) (2,831) 31,002 (21,128)
Net income (loss) (9,605) (142,141) 113,530 (106,077)
Noncontrolling interest in consolidated joint ventures 65 (281) 460 582
Net income (loss) available to common shareholders $ (9,540) $ (142,422) $ 113,990 $ (105,495)
Basic earnings per common share:        
Net income (loss) available to common shareholders $ (0.10) $ (1.42) $ 1.14 $ (1.05)
Diluted earnings per common share:        
Net income (loss) available to common shareholders $ (0.10) $ (1.42) $ 1.13 $ (1.05)
Basic weighted average units outstanding 100,253 100,172 100,241 100,236
Diluted weighted average units outstanding 100,253 100,172 100,486 100,236