Mack-Cali Realty Corporation Stockholders' Equity And Mack-Cali Realty, L.P.'s Partners' Capital (Tables)
|
3 Months Ended |
Mar. 31, 2021 |
|---|
| Stockholders Equity [Line Items] |
|
| Schedule Of General Partner Capital |
|
|
|
|
|
|
|
Three Months Ended |
|
March 31, |
|
|
2021 |
|
|
2020 |
Opening Balance |
$ |
1,398,817 |
|
$ |
1,493,699 |
Net income (loss) available to common shareholders |
|
7,623 |
|
|
(39,924) |
Common stock distributions |
|
- |
|
|
(18,119) |
Redeemable noncontrolling interests |
|
(1,791) |
|
|
(2,804) |
Shares issued under Dividend Reinvestment and |
|
|
|
|
|
Stock Purchase Plan |
|
18 |
|
|
19 |
Directors' deferred compensation plan |
|
72 |
|
|
82 |
Stock Compensation |
|
646 |
|
|
430 |
Cancellation of common stock |
|
(118) |
|
|
- |
Other comprehensive income (loss) |
|
- |
|
|
18 |
Rebalancing of ownership percent between parent and |
|
|
|
|
|
subsidiaries |
|
1,556 |
|
|
742 |
Balance at March 31 |
$ |
1,406,823 |
|
$ |
1,434,143 |
|
| Schedule Of Reconciliation Of Shares Used In Basic EPS Calculation To Shares Used In Diluted EPS Calculation |
|
|
|
|
|
|
|
|
Three Months Ended |
|
|
March 31, |
Computation of Basic EPS |
|
2021 |
|
|
2020 |
Income (loss) from continuing operations |
$ |
(20,222) |
|
$ |
(31,004) |
Add (deduct): Noncontrolling interests in consolidated joint ventures |
|
1,335 |
|
|
176 |
Add (deduct): Noncontrolling interests in Operating Partnership |
|
2,305 |
|
|
3,562 |
Add (deduct): Redeemable noncontrolling interests |
|
(6,471) |
|
|
(6,471) |
Add (deduct): Redemption value adjustment of redeemable noncontrolling |
|
|
|
|
|
interests attributable to common shareholders |
|
(1,791) |
|
|
(2,804) |
Income (loss) from continuing operations available to common shareholders |
|
(24,844) |
|
|
(36,541) |
Income (loss) from discontinued operations available to common shareholders |
|
30,676 |
|
|
(6,187) |
Net income (loss) available to common shareholders for basic earnings per share |
$ |
5,832 |
|
$ |
(42,728) |
|
|
|
|
|
|
Weighted average common shares |
|
90,692 |
|
|
90,616 |
|
|
|
|
|
|
Basic EPS: |
|
|
|
|
|
Income (loss) from continuing operations available to common shareholders |
$ |
(0.28) |
|
$ |
(0.40) |
Income (loss) from discontinued operations available to common shareholders |
|
0.34 |
|
|
(0.07) |
Net income (loss) available to common shareholders |
$ |
0.06 |
|
$ |
(0.47) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended |
|
|
March 31, |
Computation of Diluted EPS |
|
2021 |
|
|
2020 |
Net income (loss) from continuing operations available to common shareholders |
$ |
(24,844) |
|
$ |
(36,541) |
Add (deduct): Noncontrolling interests in Operating Partnership |
|
(2,305) |
|
|
(3,562) |
Add (deduct): Redemption value adjustment of redeemable noncontrolling |
|
|
|
|
|
interests attributable to the Operating Partnership unitholders |
|
(179) |
|
|
(296) |
Income (loss) from continuing operations for diluted earnings per share |
|
(27,328) |
|
|
(40,399) |
Income (loss) from discontinued operations for diluted earnings per share |
|
33,743 |
|
|
(6,840) |
Net income (loss) available for diluted earnings per share |
$ |
6,415 |
|
$ |
(47,239) |
|
|
|
|
|
|
Weighted average common shares |
|
99,760 |
|
|
100,183 |
|
|
|
|
|
|
Diluted EPS: |
|
|
|
|
|
Income (loss) from continuing operations available to common shareholders |
$ |
(0.28) |
|
$ |
(0.40) |
Income (loss) from discontinued operations available to common shareholders |
|
0.34 |
|
|
(0.07) |
Net income (loss) available to common shareholders |
$ |
0.06 |
|
$ |
(0.47) |
The following schedule reconciles the weighted average shares used in the basic EPS calculation to the shares used in the diluted EPS calculation (in thousands):
|
|
|
|
|
|
|
Three Months Ended |
|
|
March 31, |
|
|
2021 |
|
2020 |
Basic EPS shares |
|
90,692 |
|
90,616 |
Add: Operating Partnership – common and vested LTIP units |
|
9,068 |
|
9,567 |
Restricted Stock Awards |
|
- |
|
- |
Stock Options |
|
- |
|
- |
Diluted EPS Shares |
|
99,760 |
|
100,183 |
|
| Mack-Cali Realty LP [Member] |
|
| Stockholders Equity [Line Items] |
|
| Schedule Of Reconciliation Of Shares Used In Basic EPS Calculation To Shares Used In Diluted EPS Calculation |
|
|
|
|
|
|
|
|
|
|
Three Months Ended |
|
|
|
March 31, |
Computation of Basic EPU |
|
|
2021 |
|
|
2020 |
Income (loss) from continuing operations |
|
$ |
(20,222) |
|
$ |
(31,004) |
Add (deduct): Noncontrolling interests in consolidated joint ventures |
|
|
1,335 |
|
|
176 |
Add (deduct): Redeemable noncontrolling interests |
|
|
(6,471) |
|
|
(6,471) |
Add (deduct): Redemption value adjustment of redeemable noncontrolling interests |
|
|
(1,970) |
|
|
(3,100) |
Income (loss) from continuing operations available to unitholders |
|
|
(27,328) |
|
|
(40,399) |
Income (loss) from discontinued operations available to unitholders |
|
|
33,743 |
|
|
(6,840) |
Net income (loss) available to common unitholders for basic earnings per unit |
|
$ |
6,415 |
|
$ |
(47,239) |
|
|
|
|
|
|
|
Weighted average common units |
|
|
99,760 |
|
|
100,183 |
|
|
|
|
|
|
|
Basic EPU: |
|
|
|
|
|
|
Income (loss) from continuing operations available to unitholders |
|
$ |
(0.28) |
|
$ |
(0.40) |
Income (loss) from discontinued operations available to unitholders |
|
|
0.34 |
|
|
(0.07) |
Net income (loss) available to common unitholders for basic earnings per unit |
|
$ |
0.06 |
|
$ |
(0.47) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended |
|
|
|
March 31, |
Computation of Diluted EPU |
|
|
2021 |
|
|
2020 |
Net income (loss) from continuing operations available to common unitholders |
|
$ |
(27,328) |
|
$ |
(40,399) |
Income (loss) from discontinued operations for diluted earnings per unit |
|
|
33,743 |
|
|
(6,840) |
Net income (loss) available to common unitholders for diluted earnings per unit |
|
$ |
6,415 |
|
$ |
(47,239) |
|
|
|
|
|
|
|
Weighted average common unit |
|
|
99,760 |
|
|
100,183 |
|
|
|
|
|
|
|
Diluted EPU: |
|
|
|
|
|
|
Income (loss) from continuing operations available to common unitholders |
|
$ |
(0.28) |
|
$ |
(0.40) |
Income (loss) from discontinued operations available to common unitholders |
|
|
0.34 |
|
|
(0.07) |
Net income (loss) available to common unitholders |
|
$ |
0.06 |
|
$ |
(0.47) |
The following schedule reconciles the weighted average units used in the basic EPU calculation to the units used in the diluted EPU calculation (in thousands):
|
|
|
|
|
|
|
Three Months Ended |
|
|
March 31, |
|
|
2021 |
|
2020 |
Basic EPU units |
|
99,760 |
|
100,183 |
Add: Restricted Stock Awards |
|
- |
|
- |
Add: Stock Options |
|
- |
|
- |
Diluted EPU Units |
|
99,760 |
|
100,183 |
|