Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v3.8.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Rental property    
Land and leasehold interests $ 712,166 $ 661,335
Buildings and improvements 4,021,241 3,758,210
Tenant improvements 344,465 364,092
Furniture, fixtures and equipment 29,355 21,230
Gross investment in rental property 5,107,227 4,804,867
Less - accumulated depreciation and amortization (1,146,091) (1,332,073)
Total investment in rental property 3,961,136 3,472,794
Rental property held for sale, net 116,958 39,743
Net investment in rental property 4,078,094 3,512,537
Cash and cash equivalents 88,789 31,611
Investments in unconsolidated joint ventures 238,440 320,047
Unbilled rents receivable, net 102,280 101,052
Deferred charges, goodwill and other assets, net 439,864 267,950
Restricted cash 40,473 53,952
Accounts receivable, net of allowance for doubtful accounts of $1,320 and $1,335 7,579 9,617
Total assets 4,995,519 4,296,766
LIABILITIES AND EQUITY    
Senior unsecured notes, net 818,764 817,355
Unsecured revolving credit facility and term loans 671,838 634,069
Mortgages, loans payable and other obligations, net 1,348,584 888,585
Dividends and distributions payable 20,929 15,327
Accounts payable, accrued expenses and other liabilities 182,929 159,874
Rents received in advance and security deposits 46,355 46,442
Accrued interest payable 16,776 8,427
Total liabilities 3,106,175 2,570,079
Commitments and contingencies
Redeemable noncontrolling interests 209,070  
Mack-Cali Realty stockholders' equity:    
Common stock, $0.01 par value, 190,000,000 shares authorized, 89,913,576 and 89,696,713 shares outstanding 899 897
Additional paid-in capital 2,566,069 2,576,473
Dividends in excess of net earnings (1,081,028) (1,052,184)
Accumulated other comprehensive income 2,526 1,985
Total Mack-Cali Realty Corporation stockholders' equity 1,488,466 1,527,171
Noncontrolling interests in subsidiaries:    
Operating Partnership 172,809 178,570
Consolidated joint ventures 18,999 20,946
Total noncontrolling interests in subsidiaries 191,808 199,516
Total equity 1,680,274 1,726,687
Total liabilities and equity 4,995,519 4,296,766
Mack-Cali Realty LP [Member]    
Rental property    
Land and leasehold interests 712,166 661,335
Buildings and improvements 4,021,241 3,758,210
Tenant improvements 344,465 364,092
Furniture, fixtures and equipment 29,355 21,230
Gross investment in rental property 5,107,227 4,804,867
Less - accumulated depreciation and amortization (1,146,091) (1,332,073)
Total investment in rental property 3,961,136 3,472,794
Rental property held for sale, net 116,958 39,743
Net investment in rental property 4,078,094 3,512,537
Cash and cash equivalents 88,789 31,611
Investments in unconsolidated joint ventures 238,440 320,047
Unbilled rents receivable, net 102,280 101,052
Deferred charges, goodwill and other assets, net 439,864 267,950
Restricted cash 40,473 53,952
Accounts receivable, net of allowance for doubtful accounts of $1,320 and $1,335 7,579 9,617
Total assets 4,995,519 4,296,766
LIABILITIES AND EQUITY    
Senior unsecured notes, net 818,764 817,355
Unsecured revolving credit facility and term loans 671,838 634,069
Mortgages, loans payable and other obligations, net 1,348,584 888,585
Dividends and distributions payable 20,929 15,327
Accounts payable, accrued expenses and other liabilities 182,929 159,874
Rents received in advance and security deposits 46,355 46,442
Accrued interest payable 16,776 8,427
Total liabilities 3,106,175 2,570,079
Commitments and contingencies
Redeemable noncontrolling interests 209,070  
Mack-Cali Realty stockholders' equity:    
General Partner, 89,913,576 and 89,696,713 common units outstanding 1,424,566 1,467,569
Limited partners, 10,438,855 and 10,488,105 common units outstanding 234,183 236,187
Accumulated other comprehensive income 2,526 1,985
Total Mack-Cali Realty, L.P. partners' capital 1,661,275 1,705,741
Noncontrolling interests in subsidiaries:    
Noncontrolling interests in consolidated joint ventures 18,999 20,946
Total equity 1,680,274 1,726,687
Total liabilities and equity $ 4,995,519 $ 4,296,766