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10-Q Filing

MACERICH CO CIK: 912242 Q1 2024
Filing Information
Form Type 10-Q
Accession Number 0000912242-24-000083
Period End Date 20240331
Filing Date 20240509
Fiscal Year 2024
Fiscal Period Q1
XBRL Instance mac-20240331_htm.xml
Balance Sheet 128 line items
Line Item Tag Value Unit Period
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 500.00M shares Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 500.00M shares Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 500.00M shares Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 500.00M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 216.09M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 216.09M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 215.98M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 215.98M shares Point-in-time
Common Stock, shares outstanding (in shares) CommonStockSharesOutstanding 216.09M shares Point-in-time
Common Stock, shares outstanding (in shares) CommonStockSharesOutstanding 216.09M shares Point-in-time
Common Stock, shares outstanding (in shares) CommonStockSharesOutstanding 215.98M shares Point-in-time
Common Stock, shares outstanding (in shares) CommonStockSharesOutstanding 215.98M shares Point-in-time
Property, net PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization $5.90B USD Point-in-time
Property, net PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization $5.90B USD Point-in-time
Property, net PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization $5.84B USD Point-in-time
Property, net PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization $5.84B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $120.05M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $120.05M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $94.94M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $94.94M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $100.32M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $100.32M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $112.17M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $112.17M USD Point-in-time
Restricted cash RestrictedCashCurrent $80.82M USD Point-in-time
Restricted cash RestrictedCashCurrent $80.82M USD Point-in-time
Restricted cash RestrictedCashCurrent $95.36M USD Point-in-time
Restricted cash RestrictedCashCurrent $95.36M USD Point-in-time
Restricted cash RestrictedCashCurrent $93.52M USD Point-in-time
Restricted cash RestrictedCashCurrent $93.52M USD Point-in-time
Restricted cash RestrictedCashCurrent $105.03M USD Point-in-time
Restricted cash RestrictedCashCurrent $105.03M USD Point-in-time
Tenant and other receivables, net AccountsAndNotesReceivableNet $183.48M USD Point-in-time
Tenant and other receivables, net AccountsAndNotesReceivableNet $183.48M USD Point-in-time
Tenant and other receivables, net AccountsAndNotesReceivableNet $142.10M USD Point-in-time
Tenant and other receivables, net AccountsAndNotesReceivableNet $142.10M USD Point-in-time
Right-of-use assets, net OperatingLeaseRightOfUseAsset $116.57M USD Point-in-time
Right-of-use assets, net OperatingLeaseRightOfUseAsset $116.57M USD Point-in-time
Right-of-use assets, net OperatingLeaseRightOfUseAsset $118.66M USD Point-in-time
Right-of-use assets, net OperatingLeaseRightOfUseAsset $118.66M USD Point-in-time
Deferred charges and other assets, net DeferredCostsAndOtherAssets $249.58M USD Point-in-time
Deferred charges and other assets, net DeferredCostsAndOtherAssets $249.58M USD Point-in-time
Deferred charges and other assets, net DeferredCostsAndOtherAssets $263.07M USD Point-in-time
Deferred charges and other assets, net DeferredCostsAndOtherAssets $263.07M USD Point-in-time
Investments in unconsolidated joint ventures EquityMethodInvestments $785.59M USD Point-in-time
Investments in unconsolidated joint ventures EquityMethodInvestments $785.59M USD Point-in-time
Investments in unconsolidated joint ventures EquityMethodInvestments $852.76M USD Point-in-time
Investments in unconsolidated joint ventures EquityMethodInvestments $852.76M USD Point-in-time
Total assets Assets $7.36B USD Point-in-time
Total assets Assets $7.36B USD Point-in-time
Total assets Assets $7.51B USD Point-in-time
Total assets Assets $7.51B USD Point-in-time
Mortgage notes payable SecuredDebt $4.14B USD Point-in-time
Mortgage notes payable SecuredDebt $4.14B USD Point-in-time
Mortgage notes payable SecuredDebt $4.10B USD Point-in-time
Mortgage notes payable SecuredDebt $4.10B USD Point-in-time
Bank and other notes payable ConvertibleDebtLineOfCreditAndOtherNotesPayable $89.55M USD Point-in-time
Bank and other notes payable ConvertibleDebtLineOfCreditAndOtherNotesPayable $89.55M USD Point-in-time
Bank and other notes payable ConvertibleDebtLineOfCreditAndOtherNotesPayable $170.49M USD Point-in-time
Bank and other notes payable ConvertibleDebtLineOfCreditAndOtherNotesPayable $170.49M USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $60.58M USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $60.58M USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $64.19M USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $64.19M USD Point-in-time
Lease liabilities OperatingAndFinanceLeaseLiability $83.99M USD Point-in-time
Lease liabilities OperatingAndFinanceLeaseLiability $83.99M USD Point-in-time
Lease liabilities OperatingAndFinanceLeaseLiability $81.71M USD Point-in-time
Lease liabilities OperatingAndFinanceLeaseLiability $81.71M USD Point-in-time
Other accrued liabilities OtherAccruedLiabilitiesCurrentAndNoncurrent $301.64M USD Point-in-time
Other accrued liabilities OtherAccruedLiabilitiesCurrentAndNoncurrent $301.64M USD Point-in-time
Other accrued liabilities OtherAccruedLiabilitiesCurrentAndNoncurrent $334.74M USD Point-in-time
Other accrued liabilities OtherAccruedLiabilitiesCurrentAndNoncurrent $334.74M USD Point-in-time
Distributions in excess of investments in unconsolidated joint ventures InvestmentsInUnconsolidatedJointVentures $174.79M USD Point-in-time
Distributions in excess of investments in unconsolidated joint ventures InvestmentsInUnconsolidatedJointVentures $174.79M USD Point-in-time
Distributions in excess of investments in unconsolidated joint ventures InvestmentsInUnconsolidatedJointVentures $183.87M USD Point-in-time
Distributions in excess of investments in unconsolidated joint ventures InvestmentsInUnconsolidatedJointVentures $183.87M USD Point-in-time
Financing arrangement obligation FinancingArrangementObligation $102.52M USD Point-in-time
Financing arrangement obligation FinancingArrangementObligation $102.52M USD Point-in-time
Financing arrangement obligation FinancingArrangementObligation $105.45M USD Point-in-time
Financing arrangement obligation FinancingArrangementObligation $105.45M USD Point-in-time
Total liabilities Liabilities $4.99B USD Point-in-time
Total liabilities Liabilities $4.99B USD Point-in-time
Total liabilities Liabilities $5.00B USD Point-in-time
Total liabilities Liabilities $5.00B USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Common stock, $0.01 par value, 500,000,000 shares authorized at March 31, 2024 and December 31, 2023, and 216,091,693 and 215,976,614 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively CommonStockValue $2.16M USD Point-in-time
Common stock, $0.01 par value, 500,000,000 shares authorized at March 31, 2024 and December 31, 2023, and 216,091,693 and 215,976,614 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively CommonStockValue $2.16M USD Point-in-time
Common stock, $0.01 par value, 500,000,000 shares authorized at March 31, 2024 and December 31, 2023, and 216,091,693 and 215,976,614 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively CommonStockValue $2.16M USD Point-in-time
Common stock, $0.01 par value, 500,000,000 shares authorized at March 31, 2024 and December 31, 2023, and 216,091,693 and 215,976,614 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively CommonStockValue $2.16M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $5.51B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $5.51B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $5.51B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $5.51B USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-3.23B USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-3.23B USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-3.06B USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-3.06B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-337.00K USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-337.00K USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-952.00K USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-952.00K USD Point-in-time
Total stockholders' equity StockholdersEquity $2.29B USD Point-in-time
Total stockholders' equity StockholdersEquity $2.29B USD Point-in-time
Total stockholders' equity StockholdersEquity $2.45B USD Point-in-time
Total stockholders' equity StockholdersEquity $2.45B USD Point-in-time
Noncontrolling interests MinorityInterest $80.58M USD Point-in-time
Noncontrolling interests MinorityInterest $80.58M USD Point-in-time
Noncontrolling interests MinorityInterest $73.48M USD Point-in-time
Noncontrolling interests MinorityInterest $73.48M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.36B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.36B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.53B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.53B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.95B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.95B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.86B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.86B USD Point-in-time
Total liabilities and partners' capital LiabilitiesAndStockholdersEquity $7.51B USD Point-in-time
Total liabilities and partners' capital LiabilitiesAndStockholdersEquity $7.51B USD Point-in-time
Total liabilities and partners' capital LiabilitiesAndStockholdersEquity $7.36B USD Point-in-time
Total liabilities and partners' capital LiabilitiesAndStockholdersEquity $7.36B USD Point-in-time
Income Statement 72 line items
Line Item Tag Value Unit Period
Leasing revenue OperatingLeaseLeaseIncome $191.65M USD 1 Quarter
Leasing revenue OperatingLeaseLeaseIncome $191.65M USD 1 Quarter
Leasing revenue OperatingLeaseLeaseIncome $199.04M USD 1 Quarter
Leasing revenue OperatingLeaseLeaseIncome $199.04M USD 1 Quarter
Total revenues Revenues $208.78M USD 1 Quarter
Total revenues Revenues $208.78M USD 1 Quarter
Total revenues Revenues $214.85M USD 1 Quarter
Total revenues Revenues $214.85M USD 1 Quarter
Leasing expenses OperatingLeaseInitialDirectCostExpenseOverTerm $9.66M USD 1 Quarter
Leasing expenses OperatingLeaseInitialDirectCostExpenseOverTerm $9.66M USD 1 Quarter
Leasing expenses OperatingLeaseInitialDirectCostExpenseOverTerm $10.52M USD 1 Quarter
Leasing expenses OperatingLeaseInitialDirectCostExpenseOverTerm $10.52M USD 1 Quarter
REIT general and administrative expenses GeneralAndAdministrativeExpense $7.64M USD 1 Quarter
REIT general and administrative expenses GeneralAndAdministrativeExpense $7.64M USD 1 Quarter
REIT general and administrative expenses GeneralAndAdministrativeExpense $6.98M USD 1 Quarter
REIT general and administrative expenses GeneralAndAdministrativeExpense $6.98M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $71.45M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $71.45M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $68.35M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $68.35M USD 1 Quarter
Total expenses before interest CostsAndExpensesBeforeInterest $179.90M USD 1 Quarter
Total expenses before interest CostsAndExpensesBeforeInterest $179.90M USD 1 Quarter
Total expenses before interest CostsAndExpensesBeforeInterest $177.48M USD 1 Quarter
Total expenses before interest CostsAndExpensesBeforeInterest $177.48M USD 1 Quarter
Interest expense InterestIncomeExpenseNet $-39.42M USD 1 Quarter
Interest expense InterestIncomeExpenseNet $-39.42M USD 1 Quarter
Interest expense InterestIncomeExpenseNet $-52.19M USD 1 Quarter
Interest expense InterestIncomeExpenseNet $-52.19M USD 1 Quarter
Total expenses CostsAndExpenses $232.09M USD 1 Quarter
Total expenses CostsAndExpenses $232.09M USD 1 Quarter
Total expenses CostsAndExpenses $216.90M USD 1 Quarter
Total expenses CostsAndExpenses $216.90M USD 1 Quarter
Equity in loss of unconsolidated joint ventures IncomeLossFromEquityMethodInvestments $-73.28M USD 1 Quarter
Equity in loss of unconsolidated joint ventures IncomeLossFromEquityMethodInvestments $-73.28M USD 1 Quarter
Equity in loss of unconsolidated joint ventures IncomeLossFromEquityMethodInvestments $-61.81M USD 1 Quarter
Equity in loss of unconsolidated joint ventures IncomeLossFromEquityMethodInvestments $-61.81M USD 1 Quarter
Income tax benefit IncomeTaxExpenseBenefit $-1.88M USD 1 Quarter
Income tax benefit IncomeTaxExpenseBenefit $-1.88M USD 1 Quarter
Income tax benefit IncomeTaxExpenseBenefit $-1.22M USD 1 Quarter
Income tax benefit IncomeTaxExpenseBenefit $-1.22M USD 1 Quarter
(Loss) gain on sale or write down of assets, net GainLossOnSalesOfAssetsAndAssetImpairmentCharges $-36.09M USD 1 Quarter
(Loss) gain on sale or write down of assets, net GainLossOnSalesOfAssetsAndAssetImpairmentCharges $-36.09M USD 1 Quarter
(Loss) gain on sale or write down of assets, net GainLossOnSalesOfAssetsAndAssetImpairmentCharges $3.78M USD 1 Quarter
(Loss) gain on sale or write down of assets, net GainLossOnSalesOfAssetsAndAssetImpairmentCharges $3.78M USD 1 Quarter
Net loss ProfitLoss $-131.45M USD 1 Quarter
Net loss ProfitLoss $-131.45M USD 1 Quarter
Net loss ProfitLoss $-58.19M USD 1 Quarter
Net loss ProfitLoss $-58.19M USD 1 Quarter
Less: net (loss) income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $-4.72M USD 1 Quarter
Less: net (loss) income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $-4.72M USD 1 Quarter
Less: net (loss) income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $539.00K USD 1 Quarter
Less: net (loss) income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $539.00K USD 1 Quarter
Net loss attributable to the Company NetIncomeLoss $-126.73M USD 1 Quarter
Net loss attributable to the Company NetIncomeLoss $-126.73M USD 1 Quarter
Net loss attributable to the Company NetIncomeLoss $-58.73M USD 1 Quarter
Net loss attributable to the Company NetIncomeLoss $-58.73M USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $-0.59 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $-0.59 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $-0.27 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $-0.27 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $-0.59 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $-0.59 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $-0.27 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $-0.27 USD 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 215.29M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 215.29M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 216.04M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 216.04M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 215.29M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 215.29M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 216.04M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 216.04M shares 1 Quarter
Cash Flow Statement 148 line items
Line Item Tag Value Unit Period
Net loss ProfitLoss $-131.45M USD 1 Quarter
Net loss ProfitLoss $-131.45M USD 1 Quarter
Net loss ProfitLoss $-58.19M USD 1 Quarter
Net loss ProfitLoss $-58.19M USD 1 Quarter
Loss (gain) on sale or write down of assets, net GainLossOnSaleOrWriteDownOfAssets $-36.09M USD 1 Quarter
Loss (gain) on sale or write down of assets, net GainLossOnSaleOrWriteDownOfAssets $-36.09M USD 1 Quarter
Loss (gain) on sale or write down of assets, net GainLossOnSaleOrWriteDownOfAssets $3.78M USD 1 Quarter
Loss (gain) on sale or write down of assets, net GainLossOnSaleOrWriteDownOfAssets $3.78M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $75.03M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $75.03M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $71.38M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $71.38M USD 1 Quarter
Amortization of share and unit-based plans ShareBasedCompensation $2.73M USD 1 Quarter
Amortization of share and unit-based plans ShareBasedCompensation $2.73M USD 1 Quarter
Amortization of share and unit-based plans ShareBasedCompensation $4.89M USD 1 Quarter
Amortization of share and unit-based plans ShareBasedCompensation $4.89M USD 1 Quarter
Straight-line rent and amortization of above and below market leases StraightLineRentAdjustmentsAndAmortizationOfAboveAndBelowMarketLeases $-823.00K USD 1 Quarter
Straight-line rent and amortization of above and below market leases StraightLineRentAdjustmentsAndAmortizationOfAboveAndBelowMarketLeases $-823.00K USD 1 Quarter
Straight-line rent and amortization of above and below market leases StraightLineRentAdjustmentsAndAmortizationOfAboveAndBelowMarketLeases $-3.58M USD 1 Quarter
Straight-line rent and amortization of above and below market leases StraightLineRentAdjustmentsAndAmortizationOfAboveAndBelowMarketLeases $-3.58M USD 1 Quarter
Provision for (recovery of) doubtful accounts ProvisionForDoubtfulAccounts $-1.02M USD 1 Quarter
Provision for (recovery of) doubtful accounts ProvisionForDoubtfulAccounts $-1.02M USD 1 Quarter
Provision for (recovery of) doubtful accounts ProvisionForDoubtfulAccounts $2.92M USD 1 Quarter
Provision for (recovery of) doubtful accounts ProvisionForDoubtfulAccounts $2.92M USD 1 Quarter
Income tax benefit IncomeTaxExpenseBenefit $-1.88M USD 1 Quarter
Income tax benefit IncomeTaxExpenseBenefit $-1.88M USD 1 Quarter
Income tax benefit IncomeTaxExpenseBenefit $-1.22M USD 1 Quarter
Income tax benefit IncomeTaxExpenseBenefit $-1.22M USD 1 Quarter
Equity in loss of unconsolidated joint ventures IncomeLossFromEquityMethodInvestments $-73.28M USD 1 Quarter
Equity in loss of unconsolidated joint ventures IncomeLossFromEquityMethodInvestments $-73.28M USD 1 Quarter
Equity in loss of unconsolidated joint ventures IncomeLossFromEquityMethodInvestments $-61.81M USD 1 Quarter
Equity in loss of unconsolidated joint ventures IncomeLossFromEquityMethodInvestments $-61.81M USD 1 Quarter
Distributions of income from unconsolidated joint ventures EquityMethodInvestmentDividendsOrDistributions $280.00K USD 1 Quarter
Distributions of income from unconsolidated joint ventures EquityMethodInvestmentDividendsOrDistributions $280.00K USD 1 Quarter
Distributions of income from unconsolidated joint ventures EquityMethodInvestmentDividendsOrDistributions - USD 1 Quarter
Distributions of income from unconsolidated joint ventures EquityMethodInvestmentDividendsOrDistributions - USD 1 Quarter
Change in fair value of financing arrangement obligation LiabilitiesFairValueAdjustment $11.88M USD 1 Quarter
Change in fair value of financing arrangement obligation LiabilitiesFairValueAdjustment $11.88M USD 1 Quarter
Change in fair value of financing arrangement obligation LiabilitiesFairValueAdjustment $-2.94M USD 1 Quarter
Change in fair value of financing arrangement obligation LiabilitiesFairValueAdjustment $-2.94M USD 1 Quarter
Tenant and other receivables IncreaseDecreaseInAccountsReceivable $-30.60M USD 1 Quarter
Tenant and other receivables IncreaseDecreaseInAccountsReceivable $-30.60M USD 1 Quarter
Tenant and other receivables IncreaseDecreaseInAccountsReceivable $-22.05M USD 1 Quarter
Tenant and other receivables IncreaseDecreaseInAccountsReceivable $-22.05M USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $-474.00K USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $-474.00K USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $-8.64M USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $-8.64M USD 1 Quarter
Due from affiliates IncreaseDecreaseDueFromAffiliates $4.59M USD 1 Quarter
Due from affiliates IncreaseDecreaseDueFromAffiliates $4.59M USD 1 Quarter
Due from affiliates IncreaseDecreaseDueFromAffiliates $581.00K USD 1 Quarter
Due from affiliates IncreaseDecreaseDueFromAffiliates $581.00K USD 1 Quarter
Accounts payable and accrued expenses IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities $1.94M USD 1 Quarter
Accounts payable and accrued expenses IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities $1.94M USD 1 Quarter
Accounts payable and accrued expenses IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities $1.72M USD 1 Quarter
Accounts payable and accrued expenses IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities $1.72M USD 1 Quarter
Other accrued liabilities IncreaseDecreaseInOtherAccruedLiabilities $-13.39M USD 1 Quarter
Other accrued liabilities IncreaseDecreaseInOtherAccruedLiabilities $-13.39M USD 1 Quarter
Other accrued liabilities IncreaseDecreaseInOtherAccruedLiabilities $-31.36M USD 1 Quarter
Other accrued liabilities IncreaseDecreaseInOtherAccruedLiabilities $-31.36M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $80.73M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $80.73M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $61.09M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $61.09M USD 1 Quarter
Development, redevelopment, expansion and renovation of properties PaymentsToAcquireDevelopRedevelopExpansionAndRenovationRealEstate $26.42M USD 1 Quarter
Development, redevelopment, expansion and renovation of properties PaymentsToAcquireDevelopRedevelopExpansionAndRenovationRealEstate $26.42M USD 1 Quarter
Development, redevelopment, expansion and renovation of properties PaymentsToAcquireDevelopRedevelopExpansionAndRenovationRealEstate $19.99M USD 1 Quarter
Development, redevelopment, expansion and renovation of properties PaymentsToAcquireDevelopRedevelopExpansionAndRenovationRealEstate $19.99M USD 1 Quarter
Property improvements PaymentsToDevelopRealEstateAssets $14.87M USD 1 Quarter
Property improvements PaymentsToDevelopRealEstateAssets $14.87M USD 1 Quarter
Property improvements PaymentsToDevelopRealEstateAssets $7.33M USD 1 Quarter
Property improvements PaymentsToDevelopRealEstateAssets $7.33M USD 1 Quarter
Deferred leasing costs DeferredLeasingFeesInvestingActivities $1.50M USD 1 Quarter
Deferred leasing costs DeferredLeasingFeesInvestingActivities $1.50M USD 1 Quarter
Deferred leasing costs DeferredLeasingFeesInvestingActivities $1.22M USD 1 Quarter
Deferred leasing costs DeferredLeasingFeesInvestingActivities $1.22M USD 1 Quarter
Distributions from unconsolidated joint ventures DistributionsOfCapitalFromUnconsolidatedEntitiesAndOther $20.94M USD 1 Quarter
Distributions from unconsolidated joint ventures DistributionsOfCapitalFromUnconsolidatedEntitiesAndOther $20.94M USD 1 Quarter
Distributions from unconsolidated joint ventures DistributionsOfCapitalFromUnconsolidatedEntitiesAndOther $162.17M USD 1 Quarter
Distributions from unconsolidated joint ventures DistributionsOfCapitalFromUnconsolidatedEntitiesAndOther $162.17M USD 1 Quarter
Contributions to unconsolidated joint ventures PaymentsToAcquireInterestInJointVenture $12.94M USD 1 Quarter
Contributions to unconsolidated joint ventures PaymentsToAcquireInterestInJointVenture $12.94M USD 1 Quarter
Contributions to unconsolidated joint ventures PaymentsToAcquireInterestInJointVenture $12.69M USD 1 Quarter
Contributions to unconsolidated joint ventures PaymentsToAcquireInterestInJointVenture $12.69M USD 1 Quarter
Proceeds from sale of assets ProceedsFromSaleOfPartnershipInterestsOtherAssetsAndDiscontinuedOperationsNet $5.02M USD 1 Quarter
Proceeds from sale of assets ProceedsFromSaleOfPartnershipInterestsOtherAssetsAndDiscontinuedOperationsNet $5.02M USD 1 Quarter
Proceeds from sale of assets ProceedsFromSaleOfPartnershipInterestsOtherAssetsAndDiscontinuedOperationsNet $11.00K USD 1 Quarter
Proceeds from sale of assets ProceedsFromSaleOfPartnershipInterestsOtherAssetsAndDiscontinuedOperationsNet $11.00K USD 1 Quarter
Net cash (used in) provided by investing activities NetCashProvidedByUsedInInvestingActivities $118.17M USD 1 Quarter
Net cash (used in) provided by investing activities NetCashProvidedByUsedInInvestingActivities $118.17M USD 1 Quarter
Net cash (used in) provided by investing activities NetCashProvidedByUsedInInvestingActivities $-26.98M USD 1 Quarter
Net cash (used in) provided by investing activities NetCashProvidedByUsedInInvestingActivities $-26.98M USD 1 Quarter
Proceeds from mortgages, bank and other notes payable ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet $270.00M USD 1 Quarter
Proceeds from mortgages, bank and other notes payable ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet $270.00M USD 1 Quarter
Proceeds from mortgages, bank and other notes payable ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet $420.00M USD 1 Quarter
Proceeds from mortgages, bank and other notes payable ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet $420.00M USD 1 Quarter
Payments on mortgages, bank and other notes payable RepaymentsOfLongTermDebt $538.66M USD 1 Quarter
Payments on mortgages, bank and other notes payable RepaymentsOfLongTermDebt $538.66M USD 1 Quarter
Payments on mortgages, bank and other notes payable RepaymentsOfLongTermDebt $225.24M USD 1 Quarter
Payments on mortgages, bank and other notes payable RepaymentsOfLongTermDebt $225.24M USD 1 Quarter
Deferred financing costs PaymentsOfFinancingCosts $13.25M USD 1 Quarter
Deferred financing costs PaymentsOfFinancingCosts $13.25M USD 1 Quarter
Deferred financing costs PaymentsOfFinancingCosts $4.27M USD 1 Quarter
Deferred financing costs PaymentsOfFinancingCosts $4.27M USD 1 Quarter
Payments on finance leases FinanceLeasePrincipalPayments $615.00K USD 1 Quarter
Payments on finance leases FinanceLeasePrincipalPayments $615.00K USD 1 Quarter
Payments on finance leases FinanceLeasePrincipalPayments $593.00K USD 1 Quarter
Payments on finance leases FinanceLeasePrincipalPayments $593.00K USD 1 Quarter
Costs from stock offerings PaymentsOfStockIssuanceCosts - USD 1 Quarter
Costs from stock offerings PaymentsOfStockIssuanceCosts - USD 1 Quarter
Costs from stock offerings PaymentsOfStockIssuanceCosts $21.00K USD 1 Quarter
Costs from stock offerings PaymentsOfStockIssuanceCosts $21.00K USD 1 Quarter
Dividends and distributions PaymentsOfDividendsCommonStock $39.20M USD 1 Quarter
Dividends and distributions PaymentsOfDividendsCommonStock $39.20M USD 1 Quarter
Dividends and distributions PaymentsOfDividendsCommonStock $41.81M USD 1 Quarter
Dividends and distributions PaymentsOfDividendsCommonStock $41.81M USD 1 Quarter
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $667.00K USD 1 Quarter
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $667.00K USD 1 Quarter
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $-174.34M USD 1 Quarter
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $-174.34M USD 1 Quarter
Net increase in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $34.78M USD 1 Quarter
Net increase in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $34.78M USD 1 Quarter
Net increase in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $24.55M USD 1 Quarter
Net increase in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $24.55M USD 1 Quarter
Cash, cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $205.69M USD Point-in-time
Cash, cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $205.69M USD Point-in-time
Cash, cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $181.14M USD Point-in-time
Cash, cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $181.14M USD Point-in-time
Cash, cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $190.29M USD Point-in-time
Cash, cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $190.29M USD Point-in-time
Cash, cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $225.08M USD Point-in-time
Cash, cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $225.08M USD Point-in-time
Cash, cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $205.69M USD Point-in-time
Cash, cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $205.69M USD Point-in-time
Cash, cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $181.14M USD Point-in-time
Cash, cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $181.14M USD Point-in-time
Cash, cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $190.29M USD Point-in-time
Cash, cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $190.29M USD Point-in-time
Cash, cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $225.08M USD Point-in-time
Cash, cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $225.08M USD Point-in-time
Cash payments for interest, net of amounts capitalized InterestPaidNet $48.71M USD 1 Quarter
Cash payments for interest, net of amounts capitalized InterestPaidNet $48.71M USD 1 Quarter
Cash payments for interest, net of amounts capitalized InterestPaidNet $48.38M USD 1 Quarter
Cash payments for interest, net of amounts capitalized InterestPaidNet $48.38M USD 1 Quarter
Accrued development costs included in accounts payable and accrued expenses and other accrued liabilities ConstructionInProgressExpendituresIncurredButNotYetPaid $34.53M USD 1 Quarter
Accrued development costs included in accounts payable and accrued expenses and other accrued liabilities ConstructionInProgressExpendituresIncurredButNotYetPaid $34.53M USD 1 Quarter
Accrued development costs included in accounts payable and accrued expenses and other accrued liabilities ConstructionInProgressExpendituresIncurredButNotYetPaid $43.24M USD 1 Quarter
Accrued development costs included in accounts payable and accrued expenses and other accrued liabilities ConstructionInProgressExpendituresIncurredButNotYetPaid $43.24M USD 1 Quarter
Stockholders Equity 54 line items
Line Item Tag Value Unit Period
Distributions declared, per share (in dollars per share) CommonStockDividendsPerShareCashPaid $0.17 USD 1 Quarter
Distributions declared, per share (in dollars per share) CommonStockDividendsPerShareCashPaid $0.17 USD 1 Quarter
Distributions declared, per share (in dollars per share) CommonStockDividendsPerShareCashPaid $0.17 USD 1 Quarter
Distributions declared, per share (in dollars per share) CommonStockDividendsPerShareCashPaid $0.17 USD 1 Quarter
Beginning balance (in shares) CommonStockSharesOutstanding 216.09M shares Point-in-time
Beginning balance (in shares) CommonStockSharesOutstanding 216.09M shares Point-in-time
Beginning balance (in shares) CommonStockSharesOutstanding 215.98M shares Point-in-time
Beginning balance (in shares) CommonStockSharesOutstanding 215.98M shares Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.36B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.36B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.53B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.53B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.95B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.95B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.86B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.86B USD Point-in-time
Net (loss) income ProfitLoss $-131.45M USD 1 Quarter
Net (loss) income ProfitLoss $-131.45M USD 1 Quarter
Net (loss) income ProfitLoss $-58.19M USD 1 Quarter
Net (loss) income ProfitLoss $-58.19M USD 1 Quarter
Interest rate cap agreements OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $120.00K USD 1 Quarter
Interest rate cap agreements OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $120.00K USD 1 Quarter
Interest rate cap agreements OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $615.00K USD 1 Quarter
Interest rate cap agreements OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $615.00K USD 1 Quarter
Amortization of share and unit-based plans StockIssuedDuringPeriodValueShareBasedCompensation $5.97M USD 1 Quarter
Amortization of share and unit-based plans StockIssuedDuringPeriodValueShareBasedCompensation $5.97M USD 1 Quarter
Amortization of share and unit-based plans StockIssuedDuringPeriodValueShareBasedCompensation $3.05M USD 1 Quarter
Amortization of share and unit-based plans StockIssuedDuringPeriodValueShareBasedCompensation $3.05M USD 1 Quarter
Stock offerings, net StockIssuedDuringPeriodValueNewIssues $-21.00K USD 1 Quarter
Stock offerings, net StockIssuedDuringPeriodValueNewIssues $-21.00K USD 1 Quarter
Distributions paid DividendsCommonStockCash $36.80M USD 1 Quarter
Distributions paid DividendsCommonStockCash $36.80M USD 1 Quarter
Distributions paid DividendsCommonStockCash $36.70M USD 1 Quarter
Distributions paid DividendsCommonStockCash $36.70M USD 1 Quarter
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $2.41M USD 1 Quarter
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $2.41M USD 1 Quarter
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $5.11M USD 1 Quarter
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $5.11M USD 1 Quarter
Adjustment of noncontrolling interests in Operating Partnership NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance - USD 1 Quarter
Adjustment of noncontrolling interests in Operating Partnership NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance - USD 1 Quarter
Adjustment of noncontrolling interests in Operating Partnership NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance - USD 1 Quarter
Adjustment of noncontrolling interests in Operating Partnership NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance - USD 1 Quarter
Ending balance (in shares) CommonStockSharesOutstanding 216.09M shares Point-in-time
Ending balance (in shares) CommonStockSharesOutstanding 216.09M shares Point-in-time
Ending balance (in shares) CommonStockSharesOutstanding 215.98M shares Point-in-time
Ending balance (in shares) CommonStockSharesOutstanding 215.98M shares Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.36B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.36B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.53B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.53B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.95B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.95B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.86B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.86B USD Point-in-time
Comprehensive Income 20 line items
Line Item Tag Value Unit Period
Net loss ProfitLoss $-131.45M USD 1 Quarter
Net loss ProfitLoss $-131.45M USD 1 Quarter
Net loss ProfitLoss $-58.19M USD 1 Quarter
Net loss ProfitLoss $-58.19M USD 1 Quarter
Interest rate cap agreements OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $120.00K USD 1 Quarter
Interest rate cap agreements OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $120.00K USD 1 Quarter
Interest rate cap agreements OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $615.00K USD 1 Quarter
Interest rate cap agreements OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $615.00K USD 1 Quarter
Comprehensive loss ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-130.83M USD 1 Quarter
Comprehensive loss ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-130.83M USD 1 Quarter
Comprehensive loss ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-58.07M USD 1 Quarter
Comprehensive loss ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-58.07M USD 1 Quarter
Less: net (loss) income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-4.72M USD 1 Quarter
Less: net (loss) income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-4.72M USD 1 Quarter
Less: net (loss) income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $539.00K USD 1 Quarter
Less: net (loss) income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $539.00K USD 1 Quarter
Comprehensive loss attributable to the Company ComprehensiveIncomeNetOfTax $-126.11M USD 1 Quarter
Comprehensive loss attributable to the Company ComprehensiveIncomeNetOfTax $-126.11M USD 1 Quarter
Comprehensive loss attributable to the Company ComprehensiveIncomeNetOfTax $-58.61M USD 1 Quarter
Comprehensive loss attributable to the Company ComprehensiveIncomeNetOfTax $-58.61M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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