Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.8.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Rental property    
Land and leasehold interests $ 786,789 $ 661,335
Buildings and improvements 3,955,122 3,758,210
Tenant improvements 330,686 364,092
Furniture, fixtures and equipment 30,247 21,230
Gross investment in rental property 5,102,844 4,804,867
Less - accumulated depreciation and amortization (1,087,083) (1,332,073)
Total investment in rental property 4,015,761 3,472,794
Rental property held for sale, net 171,578 39,743
Net investment in rental property 4,187,339 3,512,537
Cash and cash equivalents 28,180 31,611
Investments in unconsolidated joint ventures 252,626 320,047
Unbilled rents receivable, net 100,842 101,052
Deferred charges, goodwill and other assets, net 342,320 267,950
Restricted cash 39,792 53,952
Accounts receivable, net of allowance for doubtful accounts of $1,138 and $1,335 6,786 9,617
Total assets 4,957,885 4,296,766
LIABILITIES AND EQUITY    
Senior unsecured notes, net 569,145 817,355
Unsecured revolving credit facility and term loans 822,288 634,069
Mortgages, loans payable and other obligations, net 1,418,135 888,585
Dividends and distributions payable 21,158 15,327
Accounts payable, accrued expenses and other liabilities 192,716 159,874
Rents received in advance and security deposits 43,993 46,442
Accrued interest payable 9,519 8,427
Total liabilities 3,076,954 2,570,079
Commitments and contingencies
Redeemable noncontrolling interests 212,208  
Mack-Cali Realty stockholders' equity:    
Common stock, $0.01 par value, 190,000,000 shares authorized, 89,914,113 and 89,696,713 shares outstanding 899 897
Additional paid-in capital 2,565,136 2,576,473
Dividends in excess of net earnings (1,096,429) (1,052,184)
Accumulated other comprehensive income (loss) 6,689 1,985
Total Mack-Cali Realty Corporation stockholders' equity 1,476,295 1,527,171
Noncontrolling interests in subsidiaries:    
Operating Partnership 171,395 178,570
Consolidated joint ventures 21,033 20,946
Total noncontrolling interests in subsidiaries 192,428 199,516
Total equity 1,668,723 1,726,687
Total liabilities and equity 4,957,885 4,296,766
Mack-Cali Realty LP [Member]    
Rental property    
Land and leasehold interests 786,789 661,335
Buildings and improvements 3,955,122 3,758,210
Tenant improvements 330,686 364,092
Furniture, fixtures and equipment 30,247 21,230
Gross investment in rental property 5,102,844 4,804,867
Less - accumulated depreciation and amortization (1,087,083) (1,332,073)
Total investment in rental property 4,015,761 3,472,794
Rental property held for sale, net 171,578 39,743
Net investment in rental property 4,187,339 3,512,537
Cash and cash equivalents 28,180 31,611
Investments in unconsolidated joint ventures 252,626 320,047
Unbilled rents receivable, net 100,842 101,052
Deferred charges, goodwill and other assets, net 342,320 267,950
Restricted cash 39,792 53,952
Accounts receivable, net of allowance for doubtful accounts of $1,138 and $1,335 6,786 9,617
Total assets 4,957,885 4,296,766
LIABILITIES AND EQUITY    
Senior unsecured notes, net 569,145 817,355
Unsecured revolving credit facility and term loans 822,288 634,069
Mortgages, loans payable and other obligations, net 1,418,135 888,585
Dividends and distributions payable 21,158 15,327
Accounts payable, accrued expenses and other liabilities 192,716 159,874
Rents received in advance and security deposits 43,993 46,442
Accrued interest payable 9,519 8,427
Total liabilities 3,076,954 2,570,079
Commitments and contingencies
Redeemable noncontrolling interests 212,208  
Mack-Cali Realty stockholders' equity:    
General Partner, 89,914,113 and 89,696,713 common units outstanding 1,407,366 1,467,569
Limited partners, 10,438,855 and 10,488,105 common units outstanding 233,635 236,187
Accumulated other comprehensive income (loss) 6,689 1,985
Total Mack-Cali Realty, L.P. partners' capital 1,647,690 1,705,741
Noncontrolling interests in subsidiaries:    
Noncontrolling interests in consolidated joint ventures 21,033 20,946
Total equity 1,668,723 1,726,687
Total liabilities and equity $ 4,957,885 $ 4,296,766