Veris Residential, Inc. Quarterly report pursuant to Section 13 or 15(d)

Mack-Cali Realty Corporation Stockholders' Equity And Mack-Cali Realty, L.P.'s Partners' Capital (Tables)

9 Months Ended

Sep. 30, 2016



			Weighted		Aggregate
			Average		Intrinsic
	Shares		Exercise		Value
	Under Options		Price		$(000’s)
Outstanding at January 1, 2016	805,000	$	17.33	$	4,843
Lapsed or Cancelled	-		-
Outstanding at September 30, 2016 ($17.31 – $21.25)	805,000	$	17.33	$	7,958
Options exercisable at September 30, 2016	538,334
Available for grant at September 30, 2016	2,728,507


		Three Months Ended				Nine Months Ended
		September 30,				September 30,
Computation of Basic EPS		2016		2015		2016		2015
Net income (loss)	$	(9,605)	$	(142,141)	$	113,530	$	(106,077)
Add: Noncontrolling interest in consolidated joint ventures		65		(281)		460		582
Add (deduct): 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)

Weighted average common shares		89,755		89,249		89,739		89,229

Basic EPS:
Net income (loss) available to common shareholders	$	(0.10)	$	(1.42)	$	1.14	$	(1.05)



		Three Months Ended				Nine Months Ended
		September 30,				September 30,
Computation of Diluted EPS		2016		2015		2016		2015
Net income (loss) available to common shareholders	$	(8,541)	$	(126,892)	$	102,043	$	(94,034)
Add (deduct): Noncontrolling interest in Operating Partnership		(999)		(15,530)		11,947		(11,461)
Net income (loss) for diluted earnings per share	$	(9,540)	$	(142,422)	$	113,990	$	(105,495)

Weighted average common shares		100,253		100,172		100,486		100,236

Diluted EPS:
Net income (loss) available to common shareholders	$	(0.10)	$	(1.42)	$	1.13	$	(1.05)

The following schedule reconciles the shares used in the basic EPS calculation to the shares used in the diluted EPS calculation: (in thousands)


	Three Months Ended		Nine Months Ended
	September 30,		September 30,
	2016	2015	2016	2015
Basic EPS shares	89,755	89,249	89,739	89,229
Add: Operating Partnership – common units	10,498	10,923	10,502	11,007
Restricted Stock Awards	-	-	50	-
Stock Options	-	-	195	-
Diluted EPS Shares	100,253	100,172	100,486	100,236



			Weighted		Aggregate
			Average		Intrinsic
	Shares		Exercise		Value
	Under Options		Price		$(000’s)
Outstanding at January 1, 2016	805,000	$	17.33	$	4,843
Lapsed or Cancelled	-		-
Outstanding at September 30, 2016 ($17.31 – $21.25)	805,000	$	17.33	$	7,958
Options exercisable at September 30, 2016	538,334
Available for grant at September 30, 2016	2,728,507


		Three Months Ended				Nine Months Ended
		September 30,				September 30,
Computation of Basic EPU		2016		2015		2016		2015
Net income (loss)	$	(9,605)	$	(142,141)	$	113,530	$	(106,077)
Add: Noncontrolling interest in consolidated joint ventures		65		(281)		460		582
Net income (loss) available to common unitholders	$	(9,540)	$	(142,422)	$	113,990	$	(105,495)

Weighted average common units		100,253		100,172		100,241		100,236

Basic EPU:
Net income (loss) available to common unitholders	$	(0.10)	$	(1.42)	$	1.14	$	(1.05)


		Three Months Ended				Nine Months Ended
		September 30,				September 30,
Computation of Diluted EPU		2016		2015		2016		2015
Net income (loss) available to common unitholders	$	(9,540)	$	(142,422)	$	113,990	$	(105,495)

Weighted average common unit		100,253		100,172		100,486		100,236

Diluted EPU:
Net income (loss) available to common unitholders	$	(0.10)	$	(1.42)	$	1.13	$	(1.05)

The following schedule reconciles the units used in the basic EPU calculation to the units used in the diluted EPU calculation: (in thousands)