Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v3.8.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Rental property    
Land and leasehold interests $ 784,619 $ 786,789
Buildings and improvements 3,982,190 3,955,122
Tenant improvements 311,778 330,686
Furniture, fixtures and equipment 32,059 30,247
Gross investment in rental property 5,110,646 5,102,844
Less - accumulated depreciation and amortization (1,055,562) (1,087,083)
Total investment in rental property 4,055,084 4,015,761
Rental property held for sale, net 38,566 171,578
Net investment in rental property 4,093,650 4,187,339
Cash and cash equivalents 25,307 28,180
Restricted cash 34,830 39,792
Investments in unconsolidated joint ventures 249,513 252,626
Unbilled rents receivable, net 98,418 100,842
Deferred charges, goodwill and other assets, net 306,557 342,320
Accounts receivable, net of allowance for doubtful accounts of $763 and $1,138 7,331 6,786
Total assets 4,815,606 4,957,885
LIABILITIES AND EQUITY    
Senior unsecured notes, net 569,438 569,145
Unsecured revolving credit facility and term loans 863,738 822,288
Mortgages, loans payable and other obligations, net 1,182,035 1,418,135
Dividends and distributions payable 21,357 21,158
Accounts payable, accrued expenses and other liabilities 198,005 192,716
Rents received in advance and security deposits 40,610 43,993
Accrued interest payable 14,186 9,519
Total liabilities 2,889,369 3,076,954
Commitments and contingencies
Redeemable noncontrolling interests 225,326 212,208
Mack-Cali Realty stockholders' equity:    
Common stock, $0.01 par value, 190,000,000 shares authorized, 90,136,278 and 89,914,113 shares outstanding 901 899
Additional paid-in capital 2,567,300 2,565,136
Dividends in excess of net earnings (1,071,420) (1,096,429)
Accumulated other comprehensive income (loss) 11,310 6,689
Total Mack-Cali Realty Corporation stockholders' equity 1,508,091 1,476,295
Noncontrolling interests in subsidiaries:    
Operating Partnership 171,817 171,395
Consolidated joint ventures 21,003 21,033
Total noncontrolling interests in subsidiaries 192,820 192,428
Total equity 1,700,911 1,668,723
Total liabilities and equity 4,815,606 4,957,885
Mack-Cali Realty LP [Member]    
Rental property    
Land and leasehold interests 784,619 786,789
Buildings and improvements 3,982,190 3,955,122
Tenant improvements 311,778 330,686
Furniture, fixtures and equipment 32,059 30,247
Gross investment in rental property 5,110,646 5,102,844
Less - accumulated depreciation and amortization (1,055,562) (1,087,083)
Total investment in rental property 4,055,084 4,015,761
Rental property held for sale, net 38,566 171,578
Net investment in rental property 4,093,650 4,187,339
Cash and cash equivalents 25,307 28,180
Restricted cash 34,830 39,792
Investments in unconsolidated joint ventures 249,513 252,626
Unbilled rents receivable, net 98,418 100,842
Deferred charges, goodwill and other assets, net 306,557 342,320
Accounts receivable, net of allowance for doubtful accounts of $763 and $1,138 7,331 6,786
Total assets 4,815,606 4,957,885
LIABILITIES AND EQUITY    
Senior unsecured notes, net 569,438 569,145
Unsecured revolving credit facility and term loans 863,738 822,288
Mortgages, loans payable and other obligations, net 1,182,035 1,418,135
Dividends and distributions payable 21,357 21,158
Accounts payable, accrued expenses and other liabilities 198,005 192,716
Rents received in advance and security deposits 40,610 43,993
Accrued interest payable 14,186 9,519
Total liabilities 2,889,369 3,076,954
Commitments and contingencies
Redeemable noncontrolling interests 225,326 212,208
Mack-Cali Realty stockholders' equity:    
General Partner, 90,136,278 and 89,914,113 common units outstanding 1,433,981 1,407,366
Limited partners, 10,214,140 and 10,438,855 common units outstanding 234,617 233,635
Accumulated other comprehensive income (loss) 11,310 6,689
Total Mack-Cali Realty, L.P. partners' capital 1,679,908 1,647,690
Noncontrolling interests in subsidiaries:    
Noncontrolling interests in consolidated joint ventures 21,003 21,033
Total equity 1,700,911 1,668,723
Total liabilities and equity $ 4,815,606 $ 4,957,885