Quarterly report pursuant to Section 13 or 15(d)

Senior Unsecured Notes (Tables)

v3.21.2
Senior Unsecured Notes (Tables) - Senior Unsecured Notes [Member]
 9 Months Ended
Sep. 30, 2021
Debt Instrument [Line Items]  
Summary Of Senior Unsecured Notes

September 30,

December 31,

Effective

2021

2020

Rate

4.500% Senior Unsecured Notes, due April 18, 2022 (1)

$

-

$

300,000

-

%

3.150% Senior Unsecured Notes, due May 15, 2023 (1)

-

275,000

-

%

Principal balance outstanding

-

575,000

Adjustment for unamortized debt discount

-

(1,504)

Unamortized deferred financing costs

-

(843)

Total senior unsecured notes, net

$

-

$

572,653

(1)On May 6, 2021, the Company retired these notes earlier than their maturity, using net sales proceeds from completed office property sales and borrowings under its 2021 credit facility and term loan. In conjunction with the notes being discharged, the Company incurred costs of $24.2 million (including a make-whole premium) which was expensed as loss from extinguishment of debt during the nine months ended September 30, 2021. See Note 9: Revolving Credit Facility and Term Loans.
Mack-Cali Realty LP [Member]  
Debt Instrument [Line Items]  
Summary Of Senior Unsecured Notes

September 30,

December 31,

Effective

2021

2020

Rate

4.500% Senior Unsecured Notes, due April 18, 2022 (1)

$

-

$

300,000

-

%

3.150% Senior Unsecured Notes, due May 15, 2023 (1)

-

275,000

-

%

Principal balance outstanding

-

575,000

Adjustment for unamortized debt discount

-

(1,504)

Unamortized deferred financing costs

-

(843)

Total senior unsecured notes, net

$

-

$

572,653

(1)On May 6, 2021, the Company retired these notes earlier than their maturity, using net sales proceeds from completed office property sales and borrowings under its 2021 credit facility and term loan. In conjunction with the notes being discharged, the Company incurred costs of $24.2 million (including a make-whole premium) which was expensed as loss from extinguishment of debt during the nine months ended September 30, 2021. See Note 9: Revolving Credit Facility and Term Loans.