Mack-Cali Realty Corporation Stockholders' Equity And Mack-Cali Realty, L.P.'s Partners' Capital (Tables)

12 Months Ended

Dec. 31, 2018



			Weighted		Aggregate
			Average		Intrinsic
	Shares		Exercise		Value
	Under Options		Price		$(000’s)
Outstanding at January 1, 2016	805,000	$	17.33	$	4,843
Lapsed or Cancelled	(5,000)		21.25		-
Outstanding at December 31, 2016 ($17.31)	800,000	$	17.31		9,368
Granted, Lapsed or Cancelled	-		-
Outstanding at December 31, 2017 ($17.31)	800,000	$	17.31		3,400
Granted, Lapsed or Cancelled	-		-
Outstanding at December 31, 2018 ($17.31)	800,000	$	17.31	$	1,824
Options exercisable at December 31, 2018	800,000
Available for grant at December 31, 2018	1,580,869

Schedule Of Restricted Stock Awards



			Weighted-Average
			Grant – Date
	Shares		Fair Value
Outstanding at January 1, 2016	136,220	$	19.36
Granted	74,622		23.79
Vested	(61,654)		18.94
Forfeited	(3,910)		21.58
Outstanding at December 31, 2016	145,278	$	21.76
Granted	59,985		27.00
Vested	(95,009)		20.73
Forfeited	(1,936)		25.83
Outstanding at December 31, 2017	108,318	$	25.49
Granted	40,185		20.16
Vested	(72,502)		25.33
Forfeited	(8,712)		25.83
Outstanding at December 31, 2018	67,289	$	22.43

Schedule Of Reconciliation Of Shares Used In Basic EPS Calculation To Shares Used In Diluted EPS Calculation



	Year Ended December 31,
Computation of Basic EPS		2018		2017		2016
Net income	$	106,401	$	33,718	$	130,294
Add: Noncontrolling interest in consolidated joint ventures		1,216		1,018		651
Add (deduct): Noncontrolling interest in Operating Partnership		(9,527)		(2,711)		(13,721)
Deduct: Redeemable noncontrolling interest		(13,979)		(8,840)		-
Deduct: Redemption value adjustment of redeemable noncontrolling
interests attributable to common shareholders		(11,425)		(17,951)		-
Net income available to common shareholders for basic earnings per share	$	72,686	$	5,234	$	117,224

Weighted average common shares		90,388		90,005		89,746

Basic EPS:
Net income available to common shareholders	$	0.80	$	0.06	$	1.31



	Year Ended December 31,
Computation of Diluted EPS		2018		2017		2016
Net income available to common shareholders for basic earnings per share	$	72,686	$	5,234	$	117,224
Add (deduct): Noncontrolling interest in Operating Partnership		9,527		2,711		13,721
Deduct: Redemption value adjustment of redeemable noncontrolling
interests attributable to the Operating Partnership unitholders		(1,296)		(2,074)		-
Net income available for diluted earnings per share	$	80,917	$	5,871	$	130,945

Weighted average common shares		100,724		100,703		100,498

Diluted EPS:
Net income available to common shareholders	$	0.80	$	0.06	$	1.30

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):


	Year Ended December 31,
	2018	2017	2016
Basic EPS shares	90,388	90,005	89,746
Add: Operating Partnership – common and vested LTIP units	10,246	10,405	10,499
Restricted Stock Awards	-	40	43
Stock Options	90	253	210
Diluted EPS Shares	100,724	100,703	100,498

Mack-Cali Realty LP [Member]

Stockolders Equity [Line Items]

Schedule Of Stock Option Plans



			Weighted		Aggregate
			Average		Intrinsic
	Shares		Exercise		Value
	Under Options		Price		$(000’s)
Outstanding at January 1, 2016	805,000	$	17.33	$	4,843
Lapsed or Cancelled	(5,000)		21.25		-
Outstanding at December 31, 2016 ($17.31)	800,000	$	17.31		9,368
Granted, Lapsed or Cancelled	-		-
Outstanding at December 31, 2017 ($17.31)	800,000	$	17.31		3,400
Granted, Lapsed or Cancelled	-		-
Outstanding at December 31, 2018 ($17.31)	800,000	$	17.31	$	1,824
Options exercisable at December 31, 2018	800,000
Available for grant at December 31, 2018	1,580,869

Schedule Of Restricted Stock Awards



			Weighted-Average
			Grant – Date
	Shares		Fair Value
Outstanding at January 1, 2016	136,220	$	19.36
Granted	74,622		23.79
Vested	(61,654)		18.94
Forfeited	(3,910)		21.58
Outstanding at December 31, 2016	145,278	$	21.76
Granted	59,985		27.00
Vested	(95,009)		20.73
Forfeited	(1,936)		25.83
Outstanding at December 31, 2017	108,318	$	25.49
Granted	40,185		20.16
Vested	(72,502)		25.33
Forfeited	(8,712)		25.83
Outstanding at December 31, 2018	67,289	$	22.43

Schedule Of Reconciliation Of Shares Used In Basic EPS Calculation To Shares Used In Diluted EPS Calculation



	Year Ended December 31,
Computation of Basic EPU		2018		2017		2016
Net income	$	106,401	$	33,718	$	130,294
Add: Noncontrolling interest in consolidated joint ventures		1,216		1,018		651
Deduct: Redeemable noncontrolling interest		(13,979)		(8,840)		-
Deduct: Redemption value adjustment of redeemable noncontrolling interests		(12,721)		(20,025)		-
Net income available to common unitholders for basic earnings per unit	$	80,917	$	5,871	$	130,945

Weighted average common units		100,634		100,410		100,245

Basic EPU:
Net income available to common unitholders for basic earnings per unit	$	0.80	$	0.06	$	1.31


	Year Ended December 31,
Computation of Diluted EPU		2018		2017		2016
Net income available to common unitholders for diluted earnings per unit	$	80,917	$	5,871	$	130,945

Weighted average common unit		100,724		100,703		100,498

Diluted EPU:
Net income available to common unitholders	$	0.80	$	0.06	$	1.30

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):


	Year Ended December 31,
	2018	2017	2016
Basic EPU units	100,634	100,410	100,245
Add: Restricted Stock Awards	-	40	43
Stock Options	90	253	210
Diluted EPU Units	100,724	100,703	100,498