Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v2.4.0.6
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
ASSETS    
Land and leasehold interests $ 773,026 $ 771,960
Buildings and improvements 4,001,943 3,970,177
Tenant improvements 500,336 470,098
Furniture, fixtures and equipment 4,465 4,485
Gross investment in rental property 5,279,770 5,216,720
Less - accumulated depreciation and amortization (1,409,163) (1,278,985)
Net investment in rental property 3,870,607 3,937,735
Cash and cash equivalents 20,496 21,851
Investments in unconsolidated joint ventures 32,015 34,220
Unbilled rents receivable, net 134,301 126,917
Deferred charges and other assets, net 210,470 212,038
Restricted cash 20,716 17,310
Accounts receivable, net of allowance for doubtful accounts of $2,697 and $2790 7,154 12,395
Total assets 4,295,759 4,362,466
LIABILITIES AND EQUITY    
Senior unsecured notes 1,119,267 1,118,451
Revolving credit facility 55,500 228,000
Mortgages, loans payable and other obligations 739,448 743,043
Dividends and distributions payable 44,999 42,176
Accounts payable, accrued expenses and other liabilities 100,480 101,944
Rents received in advance and security deposits 53,019 57,877
Accrued interest payable 29,046 27,038
Total liabilities 2,141,759 2,318,529
Commitments and contingencies      
Equity:    
Preferred stock, $0.01 par value, 5,000,000 shares authorized, 0 and 10,000 shares outstanding, at liquidation preference   25,000
Common stock, $0.01 par value, 190,000,000 shares authorized, 87,799,479 and 79,605,474 shares outstanding 878 796
Additional paid-in capital 2,536,184 2,292,641
Dividends in excess of net earnings (647,498) (560,165)
Total Mack-Cali Realty Corporation stockholders' equity 1,889,564 1,758,272
Noncontrolling interests in subsidiaries:    
Operating Partnership 262,499 283,219
Consolidated joint ventures 1,937 2,446
Total noncontrolling interests in subsidiaries 264,436 285,665
Total equity 2,154,000 2,043,937
Total liabilities and equity $ 4,295,759 $ 4,362,466