Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements Of Operations

v3.7.0.1
Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
REVENUES    
Base rents $ 121,255 $ 126,387
Escalations and recoveries from tenants 15,119 14,961
Real estate services 6,465 6,812
Parking income 4,229 3,156
Other income 2,819 1,607
Total revenues 149,887 152,923
EXPENSES    
Real estate taxes 21,092 23,226
Utilities 11,414 13,578
Operating services 27,091 26,732
Real estate services expenses 6,270 6,846
General and administrative 11,592 12,249
Depreciation and amortization 47,631 43,063
Total expenses 125,090 125,694
Operating income 24,797 27,229
OTHER (EXPENSE) INCOME    
Interest expense (20,321) (24,993)
Interest and other investment income (loss) 474 (669)
Equity in earnings (loss) of unconsolidated joint ventures (51) (1,554)
Gain on change of control of interests   10,156
Realized gains (losses) and unrealized losses on disposition of rental property, net 5,506 58,600
Gain on sale of investment in unconsolidated joint venture 12,563  
Loss from extinguishment of debt, net (239)  
Total other income (expense) (2,068) 41,540
Net income 22,729 68,769
Noncontrolling interest in consolidated joint ventures 237 706
Noncontrolling interest in Operating Partnership (2,295) (7,284)
Redeemable noncontrolling interest (792)  
Net income available to common shareholders $ 19,879 $ 62,191
Basic earnings per common share:    
Net income available to common shareholders $ 0.11 $ 0.69
Diluted earnings per common share:    
Net income available to common shareholders $ 0.11 $ 0.69
Basic weighted average shares outstanding 89,955 89,721
Diluted weighted average shares outstanding 100,637 100,315
Mack-Cali Realty LP [Member]    
REVENUES    
Base rents $ 121,255 $ 126,387
Escalations and recoveries from tenants 15,119 14,961
Real estate services 6,465 6,812
Parking income 4,229 3,156
Other income 2,819 1,607
Total revenues 149,887 152,923
EXPENSES    
Real estate taxes 21,092 23,226
Utilities 11,414 13,578
Operating services 27,091 26,732
Real estate services expenses 6,270 6,846
General and administrative 11,592 12,249
Depreciation and amortization 47,631 43,063
Total expenses 125,090 125,694
Operating income 24,797 27,229
OTHER (EXPENSE) INCOME    
Interest expense (20,321) (24,993)
Interest and other investment income (loss) 474 (669)
Equity in earnings (loss) of unconsolidated joint ventures (51) (1,554)
Gain on change of control of interests   10,156
Realized gains (losses) and unrealized losses on disposition of rental property, net 5,506 58,600
Gain on sale of investment in unconsolidated joint venture 12,563  
Loss from extinguishment of debt, net (239)  
Total other income (expense) (2,068) 41,540
Net income 22,729 68,769
Noncontrolling interest in consolidated joint ventures 237 706
Redeemable noncontrolling interest (792)  
Net income available to common shareholders $ 22,174 $ 69,475
Basic earnings per common share:    
Net income available to common shareholders $ 0.11 $ 0.69
Diluted earnings per common share:    
Net income available to common shareholders $ 0.11 $ 0.69
Basic weighted average units outstanding 100,339 100,230
Diluted weighted average units outstanding 100,637 100,315