$MAC
Macerich Co Stock $mac

$mac Overview Financials Valuation SEC Filings Company Website

2016 Q1 Form 10-Q Financial Statement

#000091224216000022 Filed on May 06, 2016

Income Statement

Concept	2016 Q1	2015 Q1
Revenue	$256.0M	$318.3M
YoY Change	-19.58%	20.35%
Cost Of Revenue	$107.2M	$141.7M
YoY Change	-24.35%	25.29%
Gross Profit	$148.8M	$176.6M
YoY Change	-15.74%	16.64%
Gross Profit Margin	58.13%	55.48%
Selling, General & Admin	$8.600M	$8.400M
YoY Change	2.38%	21.74%
% of Gross Profit	5.78%	4.76%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$88.18M	$122.4M
YoY Change	-27.97%	35.17%
% of Gross Profit	59.26%	69.32%
Operating Expenses	$95.50M	$129.0M
YoY Change	-25.97%	34.94%
Operating Profit	$53.30M	$47.60M
YoY Change	11.97%	-14.7%
Interest Expense	$39.78M	$53.29M
YoY Change	-25.35%	14.99%
% of Operating Profit	74.63%	111.95%
Other Income/Expense, Net	-$3.300M	-$2.100M
YoY Change	57.14%	16.67%
Pretax Income	$452.7M	$25.70M
YoY Change	1661.48%	31.79%
Income Tax	$1.317M	-$935.0K
% Of Pretax Income	0.29%	-3.64%
Net Earnings	$451.4M	$26.67M
YoY Change	1592.64%	35.75%
Net Earnings / Revenue	176.32%	8.38%
Basic Earnings Per Share	$2.77	$0.15
Diluted Earnings Per Share	$2.76	$0.15
COMMON SHARES
Basic Shares Outstanding	152.0M shares	158.3M shares
Diluted Shares Outstanding	152.1M shares	158.5M shares

Balance Sheet

Concept	2016 Q1	2015 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$107.0M	$118.0M
YoY Change	-9.32%	81.54%
Cash & Equivalents	$106.5M	$118.2M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables	$186.0M	$193.0M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$293.0M	$311.0M
YoY Change	-5.79%	60.31%
LONG-TERM ASSETS
Property, Plant & Equipment	$7.527B	$11.11B
YoY Change	-32.26%	47.09%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$1.845B	$1.007B
YoY Change	83.23%	38.92%
Other Assets	$80.00M	$102.0M
YoY Change	-21.57%	4.08%
Total Long-Term Assets	$9.918B	$12.89B
YoY Change	-23.03%	46.19%
TOTAL ASSETS
Total Short-Term Assets	$293.0M	$311.0M
Total Long-Term Assets	$9.918B	$12.89B
Total Assets	$10.21B	$13.20B
YoY Change	-22.62%	46.49%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$65.00M	$115.0M
YoY Change	-43.48%	29.21%
Accrued Expenses	$375.0M	$532.0M
YoY Change	-29.51%	70.51%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$440.0M	$647.0M
YoY Change	-31.99%	61.35%
LONG-TERM LIABILITIES
Long-Term Debt	$4.659B	$6.474B
YoY Change	-28.04%	40.4%
Other Long-Term Liabilities	$83.00M	$102.0M
YoY Change	-18.63%	-69.37%
Total Long-Term Liabilities	$4.742B	$6.576B
YoY Change	-27.89%	33.01%
TOTAL LIABILITIES
Total Short-Term Liabilities	$440.0M	$647.0M
Total Long-Term Liabilities	$4.742B	$6.576B
Total Liabilities	$5.181B	$7.223B
YoY Change	-28.27%	35.13%
SHAREHOLDERS EQUITY
Retained Earnings	-$175.8M	$510.5M
YoY Change	-134.43%	-182.57%
Common Stock	$4.843B	$5.066B
YoY Change	-4.41%	29.17%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$4.667B	$5.577B
YoY Change
Total Liabilities & Shareholders Equity	$10.21B	$13.20B
YoY Change	-22.62%	46.49%

Cashflow Statement

Concept	2016 Q1	2015 Q1
OPERATING ACTIVITIES
Net Income	$451.4M	$26.67M
YoY Change	1592.64%	35.75%
Depreciation, Depletion And Amortization	$88.18M	$122.4M
YoY Change	-27.97%	35.17%
Cash From Operating Activities	$119.9M	$162.1M
YoY Change	-26.07%	65.59%
INVESTING ACTIVITIES
Capital Expenditures	-$5.300M	-$30.10M
YoY Change	-82.39%	527.08%
Acquisitions
YoY Change
Other Investing Activities	$363.7M	-$119.9M
YoY Change	-403.34%	585.14%
Cash From Investing Activities	$358.4M	-$150.0M
YoY Change	-338.91%	574.22%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$400.0M	$0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-$458.3M	$21.14M
YoY Change	-2267.47%	-126.28%
NET CHANGE
Cash From Operating Activities	$119.9M	$162.1M
Cash From Investing Activities	$358.4M	-$150.0M
Cash From Financing Activities	-$458.3M	$21.14M
Net Change In Cash	$20.00M	$33.25M
YoY Change	-39.87%	-794.38%
FREE CASH FLOW
Cash From Operating Activities	$119.9M	$162.1M
Capital Expenditures	-$5.300M	-$30.10M
Free Cash Flow	$125.2M	$192.2M
YoY Change	-34.89%	87.16%

Facts In Submission

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CY2015Q4	us-gaap	Deferred Compensation Plan Assets DeferredCompensationPlanAssets	37341000	USD
CY2016Q1	us-gaap	Deferred Compensation Plan Assets DeferredCompensationPlanAssets	37818000	USD
CY2015Q4	us-gaap	Deferred Costs And Other Assets DeferredCostsAndOtherAssets	564291000	USD
CY2016Q1	us-gaap	Deferred Costs And Other Assets DeferredCostsAndOtherAssets	505164000	USD
CY2015Q4	us-gaap	Deferred Costs Leasing Gross DeferredCostsLeasingGross	248709000	USD
CY2016Q1	us-gaap	Deferred Costs Leasing Gross DeferredCostsLeasingGross	224302000	USD
CY2015Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	16025000	USD
CY2016Q1	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	13182000	USD
CY2015Q4	us-gaap	Deferred Gain On Sale Of Property DeferredGainOnSaleOfProperty	63756000	USD
CY2016Q1	us-gaap	Deferred Gain On Sale Of Property DeferredGainOnSaleOfProperty	61940000	USD
CY2015Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-935000	USD
CY2016Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	1317000	USD
CY2015Q4	us-gaap	Deferred Rent Receivables Net DeferredRentReceivablesNet	60790000	USD
CY2016Q1	us-gaap	Deferred Rent Receivables Net DeferredRentReceivablesNet	54079000	USD
CY2015Q4	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	38847000	USD
CY2016Q1	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	37591000	USD
CY2015Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	120618000	USD
CY2016Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	86931000	USD
CY2015Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	122418000	USD
CY2016Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	88176000	USD
CY2015Q1	us-gaap	Depreciation Nonproduction DepreciationNonproduction	90197000	USD
CY2016Q1	us-gaap	Depreciation Nonproduction DepreciationNonproduction	69903000	USD
CY2015Q4	us-gaap	Development In Process DevelopmentInProcess	234851000	USD
CY2016Q1	us-gaap	Development In Process DevelopmentInProcess	264431000	USD
CY2016Q1	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	104375000	USD
CY2015Q4	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	337703000	USD
CY2016Q1	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	0	USD
CY2015Q4	us-gaap	Due From Affiliates DueFromAffiliates	83928000	USD
CY2016Q1	us-gaap	Due From Affiliates DueFromAffiliates	73087000	USD
CY2015Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.15
CY2016Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.77
CY2015Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.15
CY2016Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.76
CY2015Q1	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	4347000	USD
CY2016Q1	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	4959000	USD
CY2015Q4	us-gaap	Equity Method Investment Difference Between Carrying Amount And Underlying Equity EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity	-77701000	USD
CY2016Q1	us-gaap	Equity Method Investment Difference Between Carrying Amount And Underlying Equity EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity	-611962000	USD
CY2015Q1	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	0	USD
CY2016Q1	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	2035000	USD
CY2015Q4	us-gaap	Equity Method Investment Summarized Financial Information Assets EquityMethodInvestmentSummarizedFinancialInformationAssets	6842160000	USD
CY2016Q1	us-gaap	Equity Method Investment Summarized Financial Information Assets EquityMethodInvestmentSummarizedFinancialInformationAssets	9868613000	USD
CY2015Q4	us-gaap	Equity Method Investment Summarized Financial Information Liabilities And Equity EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity	6842160000	USD
CY2016Q1	us-gaap	Equity Method Investment Summarized Financial Information Liabilities And Equity EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity	9868613000	USD
CY2015Q1	us-gaap	Equity Method Investment Summarized Financial Information Net Income Loss EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss	16867000	USD
CY2016Q1	us-gaap	Equity Method Investment Summarized Financial Information Net Income Loss EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss	17419000	USD
CY2015Q1	us-gaap	Equity Method Investment Summarized Financial Information Revenue EquityMethodInvestmentSummarizedFinancialInformationRevenue	109098000	USD
CY2016Q1	us-gaap	Equity Method Investment Summarized Financial Information Revenue EquityMethodInvestmentSummarizedFinancialInformationRevenue	208077000	USD
CY2015Q4	us-gaap	Equity Method Investment Underlying Equity In Net Assets EquityMethodInvestmentUnderlyingEquityInNetAssets	1585796000	USD
CY2016Q1	us-gaap	Equity Method Investment Underlying Equity In Net Assets EquityMethodInvestmentUnderlyingEquityInNetAssets	2435483000	USD
CY2015Q4	us-gaap	Equity Method Investments EquityMethodInvestments	1532552000	USD
CY2016Q1	us-gaap	Equity Method Investments EquityMethodInvestments	1844516000	USD
CY2015Q4	us-gaap	Finite Lived Intangible Asset Acquired In Place Leases FiniteLivedIntangibleAssetAcquiredInPlaceLeases	196969000	USD
CY2016Q1	us-gaap	Finite Lived Intangible Asset Acquired In Place Leases FiniteLivedIntangibleAssetAcquiredInPlaceLeases	159057000	USD
CY2015Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	109453000	USD
CY2016Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	84501000	USD
CY2015Q4	us-gaap	Fixtures And Equipment Gross FixturesAndEquipmentGross	169841000	USD
CY2016Q1	us-gaap	Fixtures And Equipment Gross FixturesAndEquipmentGross	161891000	USD
CY2015Q1	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	2245000	USD
CY2016Q1	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	8453000	USD
CY2015Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	8422000	USD
CY2016Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	8629000	USD
CY2015Q4	us-gaap	Guarantee Obligations Maximum Exposure GuaranteeObligationsMaximumExposure	5000000	USD
CY2016Q1	us-gaap	Guarantee Obligations Maximum Exposure GuaranteeObligationsMaximumExposure	5000000	USD
CY2015Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	8274000	USD
CY2016Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	11660000	USD
CY2015Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-935000	USD
CY2016Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1317000	USD
CY2015Q1	us-gaap	Increase Decrease Due From Affiliates IncreaseDecreaseDueFromAffiliates	-650000	USD
CY2016Q1	us-gaap	Increase Decrease Due From Affiliates IncreaseDecreaseDueFromAffiliates	-11123000	USD
CY2015Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	18318000	USD
CY2016Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-6166000	USD
CY2015Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-17836000	USD
CY2016Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-4686000	USD
CY2015Q1	us-gaap	Increase Decrease In Deferred Leasing Fees IncreaseDecreaseInDeferredLeasingFees	9768000	USD
CY2016Q1	us-gaap	Increase Decrease In Deferred Leasing Fees IncreaseDecreaseInDeferredLeasingFees	7359000	USD
CY2015Q1	us-gaap	Increase Decrease In Other Accrued Liabilities IncreaseDecreaseInOtherAccruedLiabilities	450000	USD
CY2016Q1	us-gaap	Increase Decrease In Other Accrued Liabilities IncreaseDecreaseInOtherAccruedLiabilities	2562000	USD
CY2015Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-4310000	USD
CY2016Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	9743000	USD
CY2015Q1	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	1694000	USD
CY2016Q1	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	849000	USD
CY2015Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	208000	shares
CY2016Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	119000	shares
CY2015Q1	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	2629000	USD
CY2016Q1	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	2303000	USD
CY2015Q1	us-gaap	Interest Expense InterestExpense	53286000	USD
CY2016Q1	us-gaap	Interest Expense InterestExpense	39776000	USD
CY2015Q1	us-gaap	Interest Expense Other InterestExpenseOther	50557000	USD
CY2016Q1	us-gaap	Interest Expense Other InterestExpenseOther	37504000	USD
CY2015Q1	us-gaap	Interest Paid Net InterestPaidNet	60102000	USD
CY2016Q1	us-gaap	Interest Paid Net InterestPaidNet	32073000	USD
CY2015Q4	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	7752892000	USD
CY2016Q1	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	6595692000	USD
CY2015Q4	us-gaap	Land Land	1894717000	USD
CY2016Q1	us-gaap	Land Land	1658466000	USD
CY2016Q1	us-gaap	Letters Of Credit Outstanding Amount LettersOfCreditOutstandingAmount	61002000	USD
CY2015Q4	us-gaap	Liabilities Liabilities	6164345000	USD
CY2016Q1	us-gaap	Liabilities Liabilities	5181475000	USD
CY2015Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	11235584000	USD
CY2016Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	10211345000	USD
CY2015Q1	us-gaap	Liabilities Assumed1 LiabilitiesAssumed1	50000000	USD
CY2016Q1	us-gaap	Liabilities Assumed1 LiabilitiesAssumed1	0	USD
CY2015Q1	us-gaap	Liquidation Basis Of Accounting Remeasurement Gain Loss On Asset LiquidationBasisOfAccountingRemeasurementGainLossOnAsset	22103000	USD
CY2016Q1	us-gaap	Liquidation Basis Of Accounting Remeasurement Gain Loss On Asset LiquidationBasisOfAccountingRemeasurementGainLossOnAsset	0	USD
CY2015Q4	us-gaap	Minority Interest MinorityInterest	355825000	USD
CY2016Q1	us-gaap	Minority Interest MinorityInterest	362859000	USD
CY2016Q1	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	9720000	USD
CY2016Q1	us-gaap	Minority Interest Decrease From Redemptions MinorityInterestDecreaseFromRedemptions	30000	USD
CY2015Q4	us-gaap	Minority Interest Ownership Percentage By Noncontrolling Owners MinorityInterestOwnershipPercentageByNoncontrollingOwners	0.07
CY2016Q1	us-gaap	Minority Interest Ownership Percentage By Noncontrolling Owners MinorityInterestOwnershipPercentageByNoncontrollingOwners	0.07
CY2015Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	21144000	USD
CY2016Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-446261000	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-150020000	USD
CY2016Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	358415000	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	162130000	USD
CY2016Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	107841000	USD
CY2015Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	2056000	USD
CY2016Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	30460000	USD
CY2015Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	24611000	USD
CY2016Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	420915000	USD
CY2015Q1	us-gaap	Notes Assumed1 NotesAssumed1	0	USD
CY2016Q1	us-gaap	Notes Assumed1 NotesAssumed1	997695000	USD
CY2015Q4	us-gaap	Notes Payable Fair Value Disclosure NotesPayableFairValueDisclosure	4628781000	USD
CY2016Q1	us-gaap	Notes Payable Fair Value Disclosure NotesPayableFairValueDisclosure	3951798000	USD
CY2015Q4	us-gaap	Notes Payable Related Parties Current And Noncurrent NotesPayableRelatedPartiesCurrentAndNoncurrent	181069000	USD
CY2016Q1	us-gaap	Notes Payable Related Parties Current And Noncurrent NotesPayableRelatedPartiesCurrentAndNoncurrent	179935000	USD
CY2015Q1	us-gaap	Operating Leases Income Statement Minimum Lease Revenue OperatingLeasesIncomeStatementMinimumLeaseRevenue	190761000	USD
CY2016Q1	us-gaap	Operating Leases Income Statement Minimum Lease Revenue OperatingLeasesIncomeStatementMinimumLeaseRevenue	151048000	USD
CY2016Q1	us-gaap	Other Accrued Liabilities Current And Noncurrent OtherAccruedLiabilitiesCurrentAndNoncurrent	375023000	USD
CY2015Q1	us-gaap	Operating Leases Rent Expense Contingent Rentals OperatingLeasesRentExpenseContingentRentals	0	USD
CY2016Q1	us-gaap	Operating Leases Rent Expense Contingent Rentals OperatingLeasesRentExpenseContingentRentals	0	USD
CY2015Q1	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet	2945000	USD
CY2016Q1	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet	2511000	USD
CY2015Q4	us-gaap	Other Accrued Liabilities Current And Noncurrent OtherAccruedLiabilitiesCurrentAndNoncurrent	403281000	USD
CY2015Q4	us-gaap	Other Assets Miscellaneous OtherAssetsMiscellaneous	70070000	USD
CY2016Q1	us-gaap	Other Assets Miscellaneous OtherAssetsMiscellaneous	53363000	USD
CY2015Q1	us-gaap	Other Income OtherIncome	13003000	USD
CY2016Q1	us-gaap	Other Income OtherIncome	13148000	USD
CY2015Q1	us-gaap	Owned Property Management Costs OwnedPropertyManagementCosts	26468000	USD
CY2016Q1	us-gaap	Owned Property Management Costs OwnedPropertyManagementCosts	27900000	USD
CY2015Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	0	USD
CY2016Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	400018000	USD
CY2015Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	111462000	USD
CY2016Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	452225000	USD
CY2015Q1	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	3476000	USD
CY2016Q1	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	1927000	USD
CY2015Q1	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	304000	USD
CY2016Q1	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	0	USD
CY2015Q1	us-gaap	Payments To Acquire And Develop Real Estate PaymentsToAcquireAndDevelopRealEstate	90157000	USD
CY2016Q1	us-gaap	Payments To Acquire And Develop Real Estate PaymentsToAcquireAndDevelopRealEstate	60895000	USD
CY2015Q1	us-gaap	Payments To Acquire Interest In Joint Venture PaymentsToAcquireInterestInJointVenture	33284000	USD
CY2016Q1	us-gaap	Payments To Acquire Interest In Joint Venture PaymentsToAcquireInterestInJointVenture	350668000	USD
CY2015Q1	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	26250000	USD
CY2016Q1	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	0	USD
CY2015Q1	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	3855000	USD
CY2016Q1	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	5311000	USD
CY2015Q1	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	0	USD
CY2016Q1	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	30000	USD
CY2015Q1	us-gaap	Percentage Rent PercentageRent	3248000	USD
CY2016Q1	us-gaap	Percentage Rent PercentageRent	3014000	USD
CY2015Q1	us-gaap	Proceeds From Collection Of Notes Receivable ProceedsFromCollectionOfNotesReceivable	452000	USD
CY2016Q1	us-gaap	Proceeds From Collection Of Notes Receivable ProceedsFromCollectionOfNotesReceivable	932000	USD
CY2015Q1	us-gaap	Proceeds From Issuance Of Long Term Debt And Capital Securities Net ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet	815671000	USD
CY2016Q1	us-gaap	Proceeds From Issuance Of Long Term Debt And Capital Securities Net ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet	2126138000	USD
CY2015Q1	us-gaap	Profit Loss ProfitLoss	26667000	USD
CY2016Q1	us-gaap	Profit Loss ProfitLoss	451375000	USD
CY2015Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	1330000	USD
CY2016Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	919000	USD
CY2015Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	1892744000	USD
CY2016Q1	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	1727691000	USD
CY2015Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	10689656000	USD
CY2016Q1	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	9254343000	USD
CY2015Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	8796912000	USD
CY2016Q1	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	7526652000	USD
CY2015Q1	us-gaap	Related Party Transaction Expenses From Transactions With Related Party RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty	2729000	USD
CY2016Q1	us-gaap	Related Party Transaction Expenses From Transactions With Related Party RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty	2272000	USD
CY2015Q1	us-gaap	Repayments Of Long Term Debt And Capital Securities RepaymentsOfLongTermDebtAndCapitalSecurities	674569000	USD
CY2016Q1	us-gaap	Repayments Of Long Term Debt And Capital Securities RepaymentsOfLongTermDebtAndCapitalSecurities	1713094000	USD
CY2015Q4	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	41389000	USD
CY2016Q1	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	42233000	USD
CY2015Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-212760000	USD
CY2016Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-175775000	USD
CY2015Q1	us-gaap	Revenues Revenues	318335000	USD
CY2016Q1	us-gaap	Revenues Revenues	256000000	USD
CY2015Q4	us-gaap	Secured Debt SecuredDebt	4608587000	USD
CY2016Q1	us-gaap	Secured Debt SecuredDebt	3912049000	USD
CY2015Q1	us-gaap	Share Based Compensation ShareBasedCompensation	14468000	USD
CY2016Q1	us-gaap	Share Based Compensation ShareBasedCompensation	16440000	USD
CY2016Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	21399000	USD
CY2015Q3	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	1200000000	USD
CY2015Q4	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	400000000	USD
CY2016Q1	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	400000000	USD
CY2016Q1	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	400018000	USD
CY2015Q4	us-gaap	Stockholders Equity StockholdersEquity	4715414000	USD
CY2016Q1	us-gaap	Stockholders Equity StockholdersEquity	4667011000	USD
CY2015Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	5071239000	USD
CY2016Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	5029870000	USD
CY2015Q1	us-gaap	Straight Line Rent Adjustments StraightLineRentAdjustments	-386000	USD
CY2016Q1	us-gaap	Straight Line Rent Adjustments StraightLineRentAdjustments	-910000	USD
CY2015Q4	us-gaap	Tenant Improvements TenantImprovements	637355000	USD
CY2016Q1	us-gaap	Tenant Improvements TenantImprovements	573863000	USD
CY2015Q1	us-gaap	Tenant Reimbursements TenantReimbursements	105698000	USD
CY2016Q1	us-gaap	Tenant Reimbursements TenantReimbursements	80173000	USD
CY2015Q1	us-gaap	Unsolicited Tender Offer Costs UnsolicitedTenderOfferCosts	13572000	USD
CY2016Q1	us-gaap	Unsolicited Tender Offer Costs UnsolicitedTenderOfferCosts	0	USD
CY2015Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	158544000	shares
CY2016Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	152103000	shares
CY2015Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	158336000	shares
CY2016Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	151984000	shares
CY2016Q1	us-gaap	Nature Of Operations NatureOfOperations	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;"></font><font style="font-family:inherit;font-size:10pt;color:#000000;font-weight:bold;text-decoration:none;">Organization</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">:</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Macerich Company (the "Company") is involved in the acquisition, ownership, development, redevelopment, management and leasing of regional and community/power shopping centers (the "Centers") located throughout the United States.</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company commenced operations effective with the completion of its initial public offering on March 16, 1994. As of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">March 31, 2016</font><font style="font-family:inherit;font-size:10pt;">, the Company was the sole general partner of and held a </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">93%</font><font style="font-family:inherit;font-size:10pt;"> ownership interest in The Macerich Partnership, L.P. (the "Operating Partnership"). The Company was organized to qualify as a real estate investment trust ("REIT") under the Internal Revenue Code of 1986, as amended (the "Code").</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The property management, leasing and redevelopment of the Company's portfolio is provided by the Company's management companies, Macerich Property Management Company, LLC, a single member Delaware limited liability company, Macerich Management Company, a California corporation, Macerich Arizona Partners LLC, a single member Arizona limited liability company, Macerich Arizona Management LLC, a single member Delaware limited liability company, Macerich Partners of Colorado, LLC, a single member Colorado limited liability company, MACW Mall Management, Inc., a New York corporation, and MACW Property Management, LLC, a single member New York limited liability company. All </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">seven</font><font style="font-family:inherit;font-size:10pt;"> of the management companies are collectively referred to herein as the "Management Companies."</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">All references to the Company in this Quarterly Report on Form 10-Q include the Company, those entities owned or controlled by the Company and predecessors of the Company, unless the context indicates otherwise.</font></div></div>

Files In Submission

Name	View Source	Status
0000912242-16-000022-index-headers.html	Edgar Link	pending
0000912242-16-000022-index.html	Edgar Link	pending
0000912242-16-000022.txt	Edgar Link	pending
0000912242-16-000022-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
mac-20160331.xml	Edgar Link	completed
mac-20160331.xsd	Edgar Link	pending
mac-20160331_cal.xml	Edgar Link	unprocessable
mac-20160331_def.xml	Edgar Link	unprocessable
mac-20160331_lab.xml	Edgar Link	unprocessable
mac-20160331_pre.xml	Edgar Link	unprocessable
mac-3312016x10q.htm	Edgar Link	pending
mac-3312016xexhibit101.htm	Edgar Link	pending
mac-3312016xexhibit102.htm	Edgar Link	pending
mac-3312016xexhibit311.htm	Edgar Link	pending
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$MAC
Macerich Co Stock $mac

2016 Q1 Form 10-Q Financial Statement

#000091224216000022 Filed on May 06, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MAC Macerich Co Stock $mac

2016 Q1 Form 10-Q Financial Statement

#000091224216000022 Filed on May 06, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MAC
Macerich Co Stock $mac