Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.10.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Rental property    
Land and leasehold interests $ 807,236 $ 786,789
Buildings and improvements 4,109,797 3,955,122
Tenant improvements 335,266 330,686
Furniture, fixtures and equipment 53,718 30,247
Gross investment in rental property 5,306,017 5,102,844
Less - accumulated depreciation and amortization (1,097,868) (1,087,083)
Total investment in rental property 4,208,149 4,015,761
Rental property held for sale, net 108,848 171,578
Net investment in rental property 4,316,997 4,187,339
Cash and cash equivalents 29,633 28,180
Restricted cash 19,921 39,792
Investments in unconsolidated joint ventures 232,750 252,626
Unbilled rents receivable, net 100,737 100,842
Deferred charges, goodwill and other assets, net 355,234 342,320
Accounts receivable, net of allowance for doubtful accounts of $1,108 and $1,138 5,372 6,786
Total assets 5,060,644 4,957,885
LIABILITIES AND EQUITY    
Senior unsecured notes, net 570,314 569,145
Unsecured revolving credit facility and term loans 790,939 822,288
Mortgages, loans payable and other obligations, net 1,431,398 1,418,135
Dividends and distributions payable 21,877 21,158
Accounts payable, accrued expenses and other liabilities 168,115 192,716
Rents received in advance and security deposits 41,244 43,993
Accrued interest payable 9,117 9,519
Total liabilities 3,033,004 3,076,954
Commitments and contingencies
Redeemable noncontrolling interests 330,459 212,208
Mack-Cali Realty Corporation stockholders' equity:    
Common stock, $0.01 par value, 190,000,000 shares authorized, 90,320,306 and 89,914,113 shares outstanding 903 899
Additional paid-in capital 2,561,503 2,565,136
Dividends in excess of net earnings (1,084,518) (1,096,429)
Accumulated other comprehensive income 8,770 6,689
Total Mack-Cali Realty Corporation stockholders' equity 1,486,658 1,476,295
Noncontrolling interests in subsidiaries:    
Operating Partnership 168,373 171,395
Consolidated joint ventures 42,150 21,033
Total noncontrolling interests in subsidiaries 210,523 192,428
Total equity 1,697,181 1,668,723
Total liabilities and equity 5,060,644 4,957,885
Mack-Cali Realty LP [Member]    
Rental property    
Land and leasehold interests 807,236 786,789
Buildings and improvements 4,109,797 3,955,122
Tenant improvements 335,266 330,686
Furniture, fixtures and equipment 53,718 30,247
Gross investment in rental property 5,306,017 5,102,844
Less - accumulated depreciation and amortization (1,097,868) (1,087,083)
Total investment in rental property 4,208,149 4,015,761
Rental property held for sale, net 108,848 171,578
Net investment in rental property 4,316,997 4,187,339
Cash and cash equivalents 29,633 28,180
Restricted cash 19,921 39,792
Investments in unconsolidated joint ventures 232,750 252,626
Unbilled rents receivable, net 100,737 100,842
Deferred charges, goodwill and other assets, net 355,234 342,320
Accounts receivable, net of allowance for doubtful accounts of $1,108 and $1,138 5,372 6,786
Total assets 5,060,644 4,957,885
LIABILITIES AND EQUITY    
Senior unsecured notes, net 570,314 569,145
Unsecured revolving credit facility and term loans 790,939 822,288
Mortgages, loans payable and other obligations, net 1,431,398 1,418,135
Dividends and distributions payable 21,877 21,158
Accounts payable, accrued expenses and other liabilities 168,115 192,716
Rents received in advance and security deposits 41,244 43,993
Accrued interest payable 9,117 9,519
Total liabilities 3,033,004 3,076,954
Commitments and contingencies
Redeemable noncontrolling interests 330,459 212,208
Mack-Cali Realty Corporation stockholders' equity:    
General Partner, 90,320,306 and 89,914,113 common units outstanding 1,413,497 1,407,366
Limited partners, 10,174,285 and 10,438,855 common units outstanding 232,764 233,635
Accumulated other comprehensive income 8,770 6,689
Total Mack-Cali Realty, L.P. partners' capital 1,655,031 1,647,690
Noncontrolling interests in subsidiaries:    
Noncontrolling interests in consolidated joint ventures 42,150 21,033
Total equity 1,697,181 1,668,723
Total liabilities and equity $ 5,060,644 $ 4,957,885