Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.19.3.a.u2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Rental property    
Land and leasehold interests $ 653,231 $ 807,236
Buildings and improvements 3,361,435 4,109,797
Tenant improvements 163,299 335,266
Furniture, fixtures and equipment 78,716 53,718
Gross investment in rental property 4,256,681 5,306,017
Less - accumulated depreciation and amortization (558,617) (1,097,868)
Total investment in rental property 3,698,064 4,208,149
Real restate held for sale, net 966,497 108,848
Net investment in rental property 4,664,561 4,316,997
Cash and cash equivalents 25,589 29,633
Restricted cash 15,577 19,921
Investments in unconsolidated joint ventures 209,091 232,750
Unbilled rents receivable, net 95,686 100,737
Deferred charges, goodwill and other assets, net 275,102 355,234
Accounts receivable 7,192 5,372
Total assets 5,292,798 5,060,644
LIABILITIES AND EQUITY    
Senior unsecured notes, net 571,484 570,314
Unsecured revolving credit facility and term loans 329,000 790,939
Mortgages, loans payable and other obligations, net 1,908,034 1,431,398
Dividends and distributions payable 22,265 21,877
Accounts payable, accrued expenses and other liabilities 209,510 168,115
Rents received in advance and security deposits 39,463 41,244
Accrued interest payable 10,185 9,117
Total liabilities 3,089,941 3,033,004
Commitments and contingencies
Redeemable noncontrolling interests 503,382 330,459
Mack-Cali Realty Corporation stockholders' equity:    
Common stock, $0.01 par value, 190,000,000 shares authorized, 90,595,176 and 90,320,306 shares outstanding 906 903
Additional paid-in capital 2,535,440 2,561,503
Dividends in excess of net earnings (1,042,629) (1,084,518)
Accumulated other comprehensive income (loss) (18) 8,770
Total Mack-Cali Realty Corporation stockholders' equity 1,493,699 1,486,658
Noncontrolling interests in subsidiaries:    
Operating Partnership 158,480 168,373
Consolidated joint ventures 47,296 42,150
Total noncontrolling interests in subsidiaries 205,776 210,523
Total equity 1,699,475 1,697,181
Total liabilities and equity 5,292,798 5,060,644
Mack-Cali Realty LP [Member]    
Rental property    
Land and leasehold interests 653,231 807,236
Buildings and improvements 3,361,435 4,109,797
Tenant improvements 163,299 335,266
Furniture, fixtures and equipment 78,716 53,718
Gross investment in rental property 4,256,681 5,306,017
Less - accumulated depreciation and amortization (558,617) (1,097,868)
Total investment in rental property 3,698,064 4,208,149
Real restate held for sale, net 966,497 108,848
Net investment in rental property 4,664,561 4,316,997
Cash and cash equivalents 25,589 29,633
Restricted cash 15,577 19,921
Investments in unconsolidated joint ventures 209,091 232,750
Unbilled rents receivable, net 95,686 100,737
Deferred charges, goodwill and other assets, net 275,102 355,234
Accounts receivable 7,192 5,372
Total assets 5,292,798 5,060,644
LIABILITIES AND EQUITY    
Senior unsecured notes, net 571,484 570,314
Unsecured revolving credit facility and term loans 329,000 790,939
Mortgages, loans payable and other obligations, net 1,908,034 1,431,398
Dividends and distributions payable 22,265 21,877
Accounts payable, accrued expenses and other liabilities 209,510 168,115
Rents received in advance and security deposits 39,463 41,244
Accrued interest payable 10,185 9,117
Total liabilities 3,089,941 3,033,004
Commitments and contingencies
Redeemable noncontrolling interests 503,382 330,459
Mack-Cali Realty Corporation stockholders' equity:    
General Partner, 90,595,176 and 90,320,306 common units outstanding 1,427,568 1,413,497
Limited partners, 9,612,064 and 10,229,349 common units/LTIPs outstanding 224,629 232,764
Accumulated other comprehensive income (loss) (18) 8,770
Total Mack-Cali Realty, L.P. partners' capital 1,652,179 1,655,031
Noncontrolling interests in subsidiaries:    
Noncontrolling interests in consolidated joint ventures 47,296 42,150
Total equity 1,699,475 1,697,181
Total liabilities and equity $ 5,292,798 $ 5,060,644