2018 Q1 Form 10-Q Financial Statement
#000091224218000007 Filed on May 07, 2018
Income Statement
Concept | 2018 Q1 | 2017 Q1 |
---|---|---|
Revenue | $236.7M | $247.0M |
YoY Change | -4.17% | -3.5% |
Cost Of Revenue | $112.8M | $104.4M |
YoY Change | 8.05% | -2.61% |
Gross Profit | $123.9M | $142.6M |
YoY Change | -13.11% | -4.17% |
Gross Profit Margin | 52.34% | 57.72% |
Selling, General & Admin | $8.000M | $8.500M |
YoY Change | -5.88% | -1.16% |
% of Gross Profit | 6.46% | 5.96% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $81.52M | $84.55M |
YoY Change | -3.58% | -4.11% |
% of Gross Profit | 65.8% | 59.29% |
Operating Expenses | $88.00M | $91.60M |
YoY Change | -3.93% | -4.08% |
Operating Profit | $35.90M | $51.00M |
YoY Change | -29.61% | -4.32% |
Interest Expense | $52.64M | $41.30M |
YoY Change | 27.44% | 3.83% |
% of Operating Profit | 146.62% | 80.98% |
Other Income/Expense, Net | $0.00 | -$3.900M |
YoY Change | -100.0% | 18.18% |
Pretax Income | -$37.30M | $71.30M |
YoY Change | -152.31% | -84.25% |
Income Tax | -$2.949M | -$3.484M |
% Of Pretax Income | -4.89% | |
Net Earnings | -$34.38M | $74.81M |
YoY Change | -145.96% | -83.43% |
Net Earnings / Revenue | -14.52% | 30.28% |
Basic Earnings Per Share | -$0.24 | $0.48 |
Diluted Earnings Per Share | -$0.24 | $0.48 |
COMMON SHARES | ||
Basic Shares Outstanding | 141.0M shares | 143.6M shares |
Diluted Shares Outstanding | 141.1M shares | 143.7M shares |
Balance Sheet
Concept | 2018 Q1 | 2017 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $118.0M | $92.00M |
YoY Change | 28.26% | -14.02% |
Cash & Equivalents | $118.2M | $92.30M |
Short-Term Investments | ||
Other Short-Term Assets | ||
YoY Change | ||
Inventory | ||
Prepaid Expenses | ||
Receivables | $179.0M | $193.0M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $297.0M | $285.0M |
YoY Change | 4.21% | -2.73% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $6.908B | $7.207B |
YoY Change | -4.15% | -4.25% |
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | $1.360B | $1.711B |
YoY Change | -20.47% | -7.26% |
Other Assets | $224.0M | $98.00M |
YoY Change | 128.57% | 22.5% |
Total Long-Term Assets | $8.860B | $9.427B |
YoY Change | -6.01% | -4.95% |
TOTAL ASSETS | ||
Total Short-Term Assets | $297.0M | $285.0M |
Total Long-Term Assets | $8.860B | $9.427B |
Total Assets | $9.157B | $9.712B |
YoY Change | -5.71% | -4.89% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $67.00M | $63.00M |
YoY Change | 6.35% | -3.08% |
Accrued Expenses | $223.0M | $317.0M |
YoY Change | -29.65% | -15.47% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $290.0M | $380.0M |
YoY Change | -23.68% | -13.64% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $5.302B | $4.902B |
YoY Change | 8.16% | 5.22% |
Other Long-Term Liabilities | $156.0M | $155.0M |
YoY Change | 0.65% | 86.75% |
Total Long-Term Liabilities | $5.458B | $5.057B |
YoY Change | 7.93% | 6.64% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $290.0M | $380.0M |
Total Long-Term Liabilities | $5.458B | $5.057B |
Total Liabilities | $5.749B | $5.438B |
YoY Change | 5.71% | 4.95% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$1.393B | -$574.6M |
YoY Change | 142.5% | 226.89% |
Common Stock | $4.551B | $4.532B |
YoY Change | 0.42% | -6.42% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $3.158B | $3.957B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $9.157B | $9.712B |
YoY Change | -5.71% | -4.89% |
Cashflow Statement
Concept | 2018 Q1 | 2017 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$34.38M | $74.81M |
YoY Change | -145.96% | -83.43% |
Depreciation, Depletion And Amortization | $81.52M | $84.55M |
YoY Change | -3.58% | -4.11% |
Cash From Operating Activities | $94.97M | $102.7M |
YoY Change | -7.53% | -14.32% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$5.000M | -$4.400M |
YoY Change | 13.64% | -16.98% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $316.4M | $211.5M |
YoY Change | 49.6% | -41.85% |
Cash From Investing Activities | $311.4M | $207.2M |
YoY Change | 50.31% | -42.2% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | $0.00 | $132.6M |
YoY Change | -100.0% | -66.86% |
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -$381.6M | -$311.6M |
YoY Change | 22.49% | -32.02% |
NET CHANGE | ||
Cash From Operating Activities | $94.97M | $102.7M |
Cash From Investing Activities | $311.4M | $207.2M |
Cash From Financing Activities | -$381.6M | -$311.6M |
Net Change In Cash | $24.75M | -$1.687M |
YoY Change | -1566.92% | -108.44% |
FREE CASH FLOW | ||
Cash From Operating Activities | $94.97M | $102.7M |
Capital Expenditures | -$5.000M | -$4.400M |
Free Cash Flow | $99.97M | $107.1M |
YoY Change | -6.66% | -14.43% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2018Q1 | mac |
Joint Venture Ownership Percent
JointVentureOwnershipPercent
|
0.25 | |
CY2018Q1 | mac |
Joint Venture Ownership Percentby Other Owners
JointVentureOwnershipPercentbyOtherOwners
|
0.75 | |
CY2018Q1 | mac |
Undistributed Earnings Loss Allocatedto Participating Securities Basicand Diluted
UndistributedEarningsLossAllocatedtoParticipatingSecuritiesBasicandDiluted
|
244000 | USD |
CY2017Q4 | us-gaap |
Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
|
112653000 | USD |
CY2017Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
17174000 | USD |
CY2018Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
13612000 | USD |
CY2018Q1 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2018Q2 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
140992474 | shares |
CY2017Q1 | mac |
Accrued Stock Repurchase Costs
AccruedStockRepurchaseCosts
|
8552000 | USD |
CY2018Q1 | mac |
Accrued Stock Repurchase Costs
AccruedStockRepurchaseCosts
|
0 | USD |
CY2018Q1 | mac |
Accumulated Amortization Deferred Costs And Finite Lived Intangible Assets
AccumulatedAmortizationDeferredCostsAndFiniteLivedIntangibleAssets
|
230649000 | USD |
CY2017Q1 | mac |
Equity Method Investment Amortization Of Difference Between Carrying Amount And Underlying Equity
EquityMethodInvestmentAmortizationOfDifferenceBetweenCarryingAmountAndUnderlyingEquity
|
4027000 | USD |
CY2018Q1 | mac |
Equity Method Investment Amortization Of Difference Between Carrying Amount And Underlying Equity
EquityMethodInvestmentAmortizationOfDifferenceBetweenCarryingAmountAndUnderlyingEquity
|
4103000 | USD |
CY2017Q1 | mac |
Equity Method Investment Summarized Financial Information Cost Of Real Estate Revenue
EquityMethodInvestmentSummarizedFinancialInformationCostOfRealEstateRevenue
|
71955000 | USD |
CY2018Q1 | mac |
Equity Method Investment Summarized Financial Information Cost Of Real Estate Revenue
EquityMethodInvestmentSummarizedFinancialInformationCostOfRealEstateRevenue
|
71002000 | USD |
CY2018Q1 | mac |
Equity Method Investment Summarized Financial Information Other Assets
EquityMethodInvestmentSummarizedFinancialInformationOtherAssets
|
602553000 | USD |
CY2017Q1 | mac |
Equity Method Investment Summarized Financial Information Other Revenue
EquityMethodInvestmentSummarizedFinancialInformationOtherRevenue
|
12537000 | USD |
CY2018Q1 | mac |
Equity Method Investment Summarized Financial Information Other Revenue
EquityMethodInvestmentSummarizedFinancialInformationOtherRevenue
|
12108000 | USD |
CY2018Q1 | mac |
Equity Method Investments Net
EquityMethodInvestmentsNet
|
1266607000 | USD |
CY2018Q1 | mac |
Financing Arrangement Discount Rate
FinancingArrangementDiscountRate
|
0.058 | |
CY2017Q4 | mac |
Financing Arrangement Obligation
FinancingArrangementObligation
|
0 | USD |
CY2018Q1 | mac |
Income Loss From Coventure Operations
IncomeLossFromCoventureOperations
|
0 | USD |
CY2018Q1 | mac |
Investments In Unconsolidated Joint Ventures
InvestmentsInUnconsolidatedJointVentures
|
93879000 | USD |
CY2018Q1 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
CY2018Q1 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
CY2018Q1 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2018 | |
CY2018Q1 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2018-03-31 | |
CY2018Q1 | dei |
Document Type
DocumentType
|
10-Q | |
CY2018Q1 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0000912242 | |
CY2018Q1 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
CY2018Q1 | dei |
Entity Filer Category
EntityFilerCategory
|
Large Accelerated Filer | |
CY2018Q1 | dei |
Entity Registrant Name
EntityRegistrantName
|
MACERICH CO | |
CY2017Q4 | mac |
Accumulated Amortization Deferred Costs And Finite Lived Intangible Assets
AccumulatedAmortizationDeferredCostsAndFiniteLivedIntangibleAssets
|
261426000 | USD |
CY2017Q4 | mac |
Convertible Debt Line Of Credit And Other Notes Payable
ConvertibleDebtLineOfCreditAndOtherNotesPayable
|
932184000 | USD |
CY2018Q1 | mac |
Convertible Debt Line Of Credit And Other Notes Payable
ConvertibleDebtLineOfCreditAndOtherNotesPayable
|
657594000 | USD |
CY2017Q1 | mac |
Costs And Expenses Before Interest Total
CostsAndExpensesBeforeInterestTotal
|
195950000 | USD |
CY2018Q1 | mac |
Costs And Expenses Before Interest Total
CostsAndExpensesBeforeInterestTotal
|
200789000 | USD |
CY2017Q4 | mac |
Deferred Costs And Other Assets Gross
DeferredCostsAndOtherAssetsGross
|
710616000 | USD |
CY2018Q1 | mac |
Deferred Costs And Other Assets Gross
DeferredCostsAndOtherAssetsGross
|
629802000 | USD |
CY2017Q1 | mac |
Distributions Of Capital From Unconsolidated Entities And Other
DistributionsOfCapitalFromUnconsolidatedEntitiesAndOther
|
114528000 | USD |
CY2018Q1 | mac |
Distributions Of Capital From Unconsolidated Entities And Other
DistributionsOfCapitalFromUnconsolidatedEntitiesAndOther
|
418333000 | USD |
CY2017Q1 | mac |
Distributions To Co Venture Partner
DistributionsToCoVenturePartner
|
4302000 | USD |
CY2018Q1 | mac |
Distributions To Co Venture Partner
DistributionsToCoVenturePartner
|
0 | USD |
CY2017Q1 | mac |
Equity Method Investment Summarized Financial Information Depreciation And Amortization
EquityMethodInvestmentSummarizedFinancialInformationDepreciationAndAmortization
|
89154000 | USD |
CY2018Q1 | mac |
Equity Method Investment Summarized Financial Information Depreciation And Amortization
EquityMethodInvestmentSummarizedFinancialInformationDepreciationAndAmortization
|
86896000 | USD |
CY2017Q4 | mac |
Equity Method Investment Summarized Financial Information Equity Or Capital Other Interests
EquityMethodInvestmentSummarizedFinancialInformationEquityOrCapitalOtherInterests
|
1798240000 | USD |
CY2018Q1 | mac |
Equity Method Investment Summarized Financial Information Equity Or Capital Other Interests
EquityMethodInvestmentSummarizedFinancialInformationEquityOrCapitalOtherInterests
|
1407274000 | USD |
CY2017Q1 | mac |
Equity Method Investment Summarized Financial Information Gain Loss On Sale And Remeasurement Of Assets
EquityMethodInvestmentSummarizedFinancialInformationGainLossOnSaleAndRemeasurementOfAssets
|
4546000 | USD |
CY2018Q1 | mac |
Equity Method Investment Summarized Financial Information Gain Loss On Sale And Remeasurement Of Assets
EquityMethodInvestmentSummarizedFinancialInformationGainLossOnSaleAndRemeasurementOfAssets
|
970000 | USD |
CY2017Q1 | mac |
Equity Method Investment Summarized Financial Information Interest Expense
EquityMethodInvestmentSummarizedFinancialInformationInterestExpense
|
49005000 | USD |
CY2018Q1 | mac |
Equity Method Investment Summarized Financial Information Interest Expense
EquityMethodInvestmentSummarizedFinancialInformationInterestExpense
|
49758000 | USD |
CY2017Q1 | mac |
Equity Method Investment Summarized Financial Information Minimum Lease Revenue
EquityMethodInvestmentSummarizedFinancialInformationMinimumLeaseRevenue
|
157039000 | USD |
CY2018Q1 | mac |
Equity Method Investment Summarized Financial Information Minimum Lease Revenue
EquityMethodInvestmentSummarizedFinancialInformationMinimumLeaseRevenue
|
160447000 | USD |
CY2017Q1 | mac |
Equity Method Investment Summarized Financial Information Operating Expenses
EquityMethodInvestmentSummarizedFinancialInformationOperatingExpenses
|
210114000 | USD |
CY2018Q1 | mac |
Equity Method Investment Summarized Financial Information Operating Expenses
EquityMethodInvestmentSummarizedFinancialInformationOperatingExpenses
|
207656000 | USD |
CY2017Q4 | mac |
Equity Method Investment Summarized Financial Information Other Assets
EquityMethodInvestmentSummarizedFinancialInformationOtherAssets
|
635838000 | USD |
CY2017Q4 | mac |
Equity Method Investment Summarized Financial Information Other Liabilities
EquityMethodInvestmentSummarizedFinancialInformationOtherLiabilities
|
405052000 | USD |
CY2018Q1 | mac |
Equity Method Investment Summarized Financial Information Other Liabilities
EquityMethodInvestmentSummarizedFinancialInformationOtherLiabilities
|
388245000 | USD |
CY2017Q1 | mac |
Equity Method Investment Summarized Financial Information Percentage Rent
EquityMethodInvestmentSummarizedFinancialInformationPercentageRent
|
2468000 | USD |
CY2018Q1 | mac |
Equity Method Investment Summarized Financial Information Percentage Rent
EquityMethodInvestmentSummarizedFinancialInformationPercentageRent
|
2243000 | USD |
CY2017Q4 | mac |
Equity Method Investment Summarized Financial Information Real Estate Investment Property Net
EquityMethodInvestmentSummarizedFinancialInformationRealEstateInvestmentPropertyNet
|
9052105000 | USD |
CY2018Q1 | mac |
Equity Method Investment Summarized Financial Information Real Estate Investment Property Net
EquityMethodInvestmentSummarizedFinancialInformationRealEstateInvestmentPropertyNet
|
8994424000 | USD |
CY2017Q4 | mac |
Equity Method Investment Summarized Financial Information Secured Debt
EquityMethodInvestmentSummarizedFinancialInformationSecuredDebt
|
5296594000 | USD |
CY2018Q1 | mac |
Equity Method Investment Summarized Financial Information Secured Debt
EquityMethodInvestmentSummarizedFinancialInformationSecuredDebt
|
5979160000 | USD |
CY2017Q1 | mac |
Equity Method Investment Summarized Financial Information Tenant Reimbursements
EquityMethodInvestmentSummarizedFinancialInformationTenantReimbursements
|
59354000 | USD |
CY2018Q1 | mac |
Equity Method Investment Summarized Financial Information Tenant Reimbursements
EquityMethodInvestmentSummarizedFinancialInformationTenantReimbursements
|
59504000 | USD |
CY2017Q4 | mac |
Equity Method Investments Net
EquityMethodInvestmentsNet
|
1626036000 | USD |
CY2018Q1 | mac |
Financing Arrangement Obligation
FinancingArrangementObligation
|
398091000 | USD |
CY2017Q4 | mac |
Finite Lived Intangible Asset Above Market Leases
FiniteLivedIntangibleAssetAboveMarketLeases
|
164040000 | USD |
CY2018Q1 | mac |
Finite Lived Intangible Asset Above Market Leases
FiniteLivedIntangibleAssetAboveMarketLeases
|
152270000 | USD |
CY2017Q4 | mac |
Finite Lived Intangible Asset Leasing Commissions And Legal Costs
FiniteLivedIntangibleAssetLeasingCommissionsAndLegalCosts
|
25958000 | USD |
CY2018Q1 | mac |
Finite Lived Intangible Asset Leasing Commissions And Legal Costs
FiniteLivedIntangibleAssetLeasingCommissionsAndLegalCosts
|
24830000 | USD |
CY2017Q1 | mac |
Gain Losson Saleor Write Downof Assets
GainLossonSaleorWriteDownofAssets
|
49565000 | USD |
CY2018Q1 | mac |
Gain Losson Saleor Write Downof Assets
GainLossonSaleorWriteDownofAssets
|
-37512000 | USD |
CY2017Q1 | mac |
Income Loss From Coventure Operations
IncomeLossFromCoventureOperations
|
-3877000 | USD |
CY2017Q4 | mac |
Investments In Unconsolidated Joint Ventures
InvestmentsInUnconsolidatedJointVentures
|
83486000 | USD |
CY2017Q1 | mac |
Management Fees And Other Revenues
ManagementFeesAndOtherRevenues
|
11896000 | USD |
CY2018Q1 | mac |
Management Fees And Other Revenues
ManagementFeesAndOtherRevenues
|
10542000 | USD |
CY2014Q3 | mac |
Maximum Aggregate Common Stock Offer Price
MaximumAggregateCommonStockOfferPrice
|
500000000 | USD |
CY2017Q4 | mac |
Minority Interest Redemption Value
MinorityInterestRedemptionValue
|
671592000 | USD |
CY2018Q1 | mac |
Minority Interest Redemption Value
MinorityInterestRedemptionValue
|
593454000 | USD |
CY2018Q1 | mac |
Minority Interest Redemption Value Basis Number Of Trading Days
MinorityInterestRedemptionValueBasisNumberOfTradingDays
|
P10D | |
CY2017Q1 | mac |
Net Income Loss Availableto Common Stockholdersafter Allocationto Participating Securities Basicand Diluted
NetIncomeLossAvailabletoCommonStockholdersafterAllocationtoParticipatingSecuritiesBasicandDiluted
|
69059000 | USD |
CY2018Q1 | mac |
Net Income Loss Availableto Common Stockholdersafter Allocationto Participating Securities Basicand Diluted
NetIncomeLossAvailabletoCommonStockholdersafterAllocationtoParticipatingSecuritiesBasicandDiluted
|
-33817000 | USD |
CY2018Q1 | mac |
Number Of Real Estate Management Companies
NumberOfRealEstateManagementCompanies
|
7 | entity |
CY2017Q1 | mac |
Proceeds From Sale Of Partnership Interests Other Assets And Discontinued Operations Net
ProceedsFromSaleOfPartnershipInterestsOtherAssetsAndDiscontinuedOperationsNet
|
167649000 | USD |
CY2018Q1 | mac |
Proceeds From Sale Of Partnership Interests Other Assets And Discontinued Operations Net
ProceedsFromSaleOfPartnershipInterestsOtherAssetsAndDiscontinuedOperationsNet
|
1450000 | USD |
CY2018Q1 | mac |
Reimbursement Percent Collaborative Arrangement
ReimbursementPercentCollaborativeArrangement
|
0.75 | |
CY2017Q4 | mac |
Secured Debt Nonrelated Party
SecuredDebtNonrelatedParty
|
4066511000 | USD |
CY2018Q1 | mac |
Secured Debt Nonrelated Party
SecuredDebtNonrelatedParty
|
4075936000 | USD |
CY2017Q1 | mac |
Undistributed Earnings Loss Allocatedto Participating Securities Basicand Diluted
UndistributedEarningsLossAllocatedtoParticipatingSecuritiesBasicandDiluted
|
184000 | USD |
CY2018Q1 | us-gaap |
Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
|
94081000 | USD |
CY2017Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
58412000 | USD |
CY2018Q1 | us-gaap |
Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
67430000 | USD |
CY2017Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-42000 | USD |
CY2018Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
19000 | USD |
CY2017Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
4510489000 | USD |
CY2018Q1 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
4549748000 | USD |
CY2017Q4 | us-gaap |
Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
|
2786000 | USD |
CY2018Q1 | us-gaap |
Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
|
3139000 | USD |
CY2017Q1 | us-gaap |
Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
|
193000 | USD |
CY2017Q1 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
-926000 | USD |
CY2017Q4 | us-gaap |
Assets
Assets
|
9605862000 | USD |
CY2018Q1 | us-gaap |
Assets
Assets
|
9157273000 | USD |
CY2017Q4 | us-gaap |
Assets Held For Sale Not Part Of Disposal Group
AssetsHeldForSaleNotPartOfDisposalGroup
|
0 | USD |
CY2018Q1 | us-gaap |
Assets Held For Sale Not Part Of Disposal Group
AssetsHeldForSaleNotPartOfDisposalGroup
|
142611000 | USD |
CY2016Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
94046000 | USD |
CY2017Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
92296000 | USD |
CY2017Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
91038000 | USD |
CY2018Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
118175000 | USD |
CY2016Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
143997000 | USD |
CY2017Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
142310000 | USD |
CY2017Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
143105000 | USD |
CY2018Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
167852000 | USD |
CY2017Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-1687000 | USD |
CY2018Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
24747000 | USD |
CY2017Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2018Q1 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2018Q1 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.74 | |
CY2018Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2014Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2017Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
250000000 | shares |
CY2018Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
250000000 | shares |
CY2017Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
140993985 | shares |
CY2018Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
141104587 | shares |
CY2017Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
1410000 | USD |
CY2018Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
1411000 | USD |
CY2018Q1 | us-gaap |
Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
|
152000 | USD |
CY2018Q1 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
-235000 | USD |
CY2018Q1 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
49000000 | USD |
CY2017Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2017Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
140993985 | shares |
CY2018Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
141104587 | shares |
CY2017Q1 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
237251000 | USD |
CY2018Q1 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
253424000 | USD |
CY2018Q1 | us-gaap |
Cumulative Effect Of New Accounting Principle In Period Of Adoption
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
|
-424859000 | USD |
CY2017Q1 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
0 | USD |
CY2018Q1 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
-439000 | USD |
CY2017Q4 | us-gaap |
Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
|
52221000 | USD |
CY2018Q1 | us-gaap |
Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
|
51983000 | USD |
CY2017Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.48 | |
CY2018Q1 | us-gaap |
Equity Method Investment Summarized Financial Information Liabilities And Equity
EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity
|
9596977000 | USD |
CY2018Q1 | us-gaap |
Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
|
234302000 | USD |
CY2017Q4 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
1709522000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-8757000 | USD |
CY2018Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
26000 | shares |
CY2017Q1 | us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
2634000 | USD |
CY2018Q1 | us-gaap |
Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
|
6164004000 | USD |
CY2017Q4 | us-gaap |
Land
Land
|
1567152000 | USD |
CY2018Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
94968000 | USD |
CY2018Q1 | us-gaap |
Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
|
285447000 | USD |
CY2017Q1 | us-gaap |
Owned Property Management Costs
OwnedPropertyManagementCosts
|
28517000 | USD |
CY2017Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
132550000 | USD |
CY2018Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | USD |
CY2017Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
110621000 | USD |
CY2017Q1 | us-gaap |
Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
|
4350000 | USD |
CY2017Q1 | us-gaap |
Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
|
2211000 | USD |
CY2018Q1 | us-gaap |
Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
|
10169000 | USD |
CY2018Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
11003000 | USD |
CY2017Q1 | us-gaap |
Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
|
500000000 | USD |
us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
221428000 | USD | |
CY2018Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
141050000 | shares |
CY2017Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
143596000 | shares |
CY2018Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
141024000 | shares |
CY2017Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
69243000 | USD |
CY2018Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-33512000 | USD |
CY2017Q1 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
74809000 | USD |
CY2018Q1 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-34320000 | USD |
CY2017Q1 | us-gaap |
Construction In Progress Expenditures Incurred But Not Yet Paid
ConstructionInProgressExpendituresIncurredButNotYetPaid
|
24712000 | USD |
CY2018Q1 | us-gaap |
Construction In Progress Expenditures Incurred But Not Yet Paid
ConstructionInProgressExpendituresIncurredButNotYetPaid
|
36286000 | USD |
CY2018Q1 | us-gaap |
Construction Payable Current
ConstructionPayableCurrent
|
31916000 | USD |
CY2017Q1 | us-gaap |
Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
|
638000 | USD |
CY2018Q1 | us-gaap |
Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
|
0 | USD |
CY2017Q1 | us-gaap |
Cost Of Real Estate Revenue
CostOfRealEstateRevenue
|
75897000 | USD |
CY2018Q1 | us-gaap |
Cost Of Real Estate Revenue
CostOfRealEstateRevenue
|
74510000 | USD |
CY2017Q4 | us-gaap |
Deferred Costs And Other Assets
DeferredCostsAndOtherAssets
|
449190000 | USD |
CY2018Q1 | us-gaap |
Deferred Costs And Other Assets
DeferredCostsAndOtherAssets
|
399153000 | USD |
CY2017Q4 | us-gaap |
Deferred Costs Leasing Gross
DeferredCostsLeasingGross
|
232819000 | USD |
CY2018Q1 | us-gaap |
Deferred Costs Leasing Gross
DeferredCostsLeasingGross
|
213550000 | USD |
CY2017Q4 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
17838000 | USD |
CY2018Q1 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
16997000 | USD |
CY2017Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-3484000 | USD |
CY2018Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-2510000 | USD |
CY2017Q4 | us-gaap |
Deferred Rent Receivables Net
DeferredRentReceivablesNet
|
61859000 | USD |
CY2018Q1 | us-gaap |
Deferred Rent Receivables Net
DeferredRentReceivablesNet
|
64538000 | USD |
CY2017Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
29006000 | USD |
CY2018Q1 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
31517000 | USD |
CY2017Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
83073000 | USD |
CY2018Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
79937000 | USD |
CY2017Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
84551000 | USD |
CY2018Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
81524000 | USD |
CY2017Q1 | us-gaap |
Depreciation Nonproduction
DepreciationNonproduction
|
68956000 | USD |
CY2018Q1 | us-gaap |
Depreciation Nonproduction
DepreciationNonproduction
|
67944000 | USD |
CY2017Q4 | us-gaap |
Development In Process
DevelopmentInProcess
|
366996000 | USD |
CY2018Q1 | us-gaap |
Development In Process
DevelopmentInProcess
|
391222000 | USD |
CY2018Q1 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
104707000 | USD |
CY2017Q4 | us-gaap |
Due From Affiliates
DueFromAffiliates
|
82162000 | USD |
CY2018Q1 | us-gaap |
Due From Affiliates
DueFromAffiliates
|
84674000 | USD |
CY2017Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.48 | |
CY2018Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.24 | |
CY2018Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.24 | |
CY2017Q1 | us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
3369000 | USD |
CY2018Q1 | us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
2609000 | USD |
CY2017Q4 | us-gaap |
Equity Method Investment Difference Between Carrying Amount And Underlying Equity
EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity
|
-562021000 | USD |
CY2018Q1 | us-gaap |
Equity Method Investment Difference Between Carrying Amount And Underlying Equity
EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity
|
-555691000 | USD |
CY2017Q1 | us-gaap |
Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
|
0 | USD |
CY2018Q1 | us-gaap |
Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
|
155000 | USD |
CY2017Q4 | us-gaap |
Equity Method Investment Summarized Financial Information Assets
EquityMethodInvestmentSummarizedFinancialInformationAssets
|
9687943000 | USD |
CY2018Q1 | us-gaap |
Equity Method Investment Summarized Financial Information Assets
EquityMethodInvestmentSummarizedFinancialInformationAssets
|
9596977000 | USD |
CY2017Q4 | us-gaap |
Equity Method Investment Summarized Financial Information Liabilities And Equity
EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity
|
9687943000 | USD |
CY2017Q1 | us-gaap |
Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
|
25830000 | USD |
CY2018Q1 | us-gaap |
Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
|
27616000 | USD |
CY2017Q1 | us-gaap |
Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
|
231398000 | USD |
CY2017Q4 | us-gaap |
Equity Method Investment Underlying Equity In Net Assets
EquityMethodInvestmentUnderlyingEquityInNetAssets
|
2188057000 | USD |
CY2018Q1 | us-gaap |
Equity Method Investment Underlying Equity In Net Assets
EquityMethodInvestmentUnderlyingEquityInNetAssets
|
1822298000 | USD |
CY2018Q1 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
1360486000 | USD |
CY2017Q4 | us-gaap |
Finite Lived Intangible Asset Acquired In Place Leases
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
|
108432000 | USD |
CY2018Q1 | us-gaap |
Finite Lived Intangible Asset Acquired In Place Leases
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
|
99339000 | USD |
CY2017Q4 | us-gaap |
Fixtures And Equipment Gross
FixturesAndEquipmentGross
|
187998000 | USD |
CY2018Q1 | us-gaap |
Fixtures And Equipment Gross
FixturesAndEquipmentGross
|
183434000 | USD |
CY2017Q1 | us-gaap |
Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
|
49565000 | USD |
CY2018Q1 | us-gaap |
Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
|
-37512000 | USD |
CY2017Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
8463000 | USD |
CY2018Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
8019000 | USD |
CY2017Q1 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
74809000 | USD |
CY2018Q1 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
-34381000 | USD |
CY2017Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
15843000 | USD |
CY2018Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
16872000 | USD |
CY2017Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-3484000 | USD |
CY2018Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-2949000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease Due From Affiliates
IncreaseDecreaseDueFromAffiliates
|
12015000 | USD |
CY2018Q1 | us-gaap |
Increase Decrease Due From Affiliates
IncreaseDecreaseDueFromAffiliates
|
2512000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
4285000 | USD |
CY2018Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
13239000 | USD |
CY2018Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-11699000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Deferred Leasing Fees
IncreaseDecreaseInDeferredLeasingFees
|
11267000 | USD |
CY2018Q1 | us-gaap |
Increase Decrease In Deferred Leasing Fees
IncreaseDecreaseInDeferredLeasingFees
|
13384000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
|
-17792000 | USD |
CY2018Q1 | us-gaap |
Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
|
-17893000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-12618000 | USD |
CY2018Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-11473000 | USD |
CY2017Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
59000 | shares |
CY2018Q1 | us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
4331000 | USD |
CY2017Q1 | us-gaap |
Interest Expense
InterestExpense
|
41301000 | USD |
CY2018Q1 | us-gaap |
Interest Expense
InterestExpense
|
52635000 | USD |
CY2017Q1 | us-gaap |
Interest Expense Other
InterestExpenseOther
|
39090000 | USD |
CY2018Q1 | us-gaap |
Interest Expense Other
InterestExpenseOther
|
42466000 | USD |
CY2017Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
40462000 | USD |
CY2018Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
46418000 | USD |
CY2017Q4 | us-gaap |
Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
|
6385035000 | USD |
CY2018Q1 | us-gaap |
Land
Land
|
1527460000 | USD |
CY2018Q1 | us-gaap |
Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
|
60588000 | USD |
CY2017Q4 | us-gaap |
Liabilities
Liabilities
|
5637863000 | USD |
CY2018Q1 | us-gaap |
Liabilities
Liabilities
|
5748688000 | USD |
CY2017Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
9605862000 | USD |
CY2018Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
9157273000 | USD |
CY2017Q1 | us-gaap |
Liabilities Fair Value Adjustment
LiabilitiesFairValueAdjustment
|
0 | USD |
CY2018Q1 | us-gaap |
Liabilities Fair Value Adjustment
LiabilitiesFairValueAdjustment
|
-4382000 | USD |
CY2017Q1 | us-gaap |
Loss On Sale Of Investments
LossOnSaleOfInvestments
|
10138000 | USD |
CY2017Q4 | us-gaap |
Minority Interest
MinorityInterest
|
286421000 | USD |
CY2018Q1 | us-gaap |
Minority Interest
MinorityInterest
|
250825000 | USD |
CY2018Q1 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
9075000 | USD |
CY2018Q1 | us-gaap |
Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
|
65000 | USD |
CY2017Q4 | us-gaap |
Minority Interest Ownership Percentage By Noncontrolling Owners
MinorityInterestOwnershipPercentageByNoncontrollingOwners
|
0.07 | |
CY2018Q1 | us-gaap |
Minority Interest Ownership Percentage By Noncontrolling Owners
MinorityInterestOwnershipPercentageByNoncontrollingOwners
|
0.07 | |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-311557000 | USD |
CY2018Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-381622000 | USD |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
207166000 | USD |
CY2018Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
311401000 | USD |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
102704000 | USD |
CY2017Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
5566000 | USD |
CY2018Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-808000 | USD |
CY2017Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
69243000 | USD |
CY2018Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-33573000 | USD |
CY2018Q1 | us-gaap |
Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
|
0 | USD |
CY2017Q4 | us-gaap |
Notes Payable Fair Value Disclosure
NotesPayableFairValueDisclosure
|
4250816000 | USD |
CY2018Q1 | us-gaap |
Notes Payable Fair Value Disclosure
NotesPayableFairValueDisclosure
|
4244902000 | USD |
CY2017Q4 | us-gaap |
Notes Payable Related Parties Current And Noncurrent
NotesPayableRelatedPartiesCurrentAndNoncurrent
|
171569000 | USD |
CY2018Q1 | us-gaap |
Notes Payable Related Parties Current And Noncurrent
NotesPayableRelatedPartiesCurrentAndNoncurrent
|
170311000 | USD |
CY2017Q1 | us-gaap |
Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
|
145555000 | USD |
CY2018Q1 | us-gaap |
Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
|
142407000 | USD |
CY2017Q1 | us-gaap |
Operating Leases Rent Expense Contingent Rentals
OperatingLeasesRentExpenseContingentRentals
|
0 | USD |
CY2018Q1 | us-gaap |
Operating Leases Rent Expense Contingent Rentals
OperatingLeasesRentExpenseContingentRentals
|
0 | USD |
CY2017Q1 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
4217000 | USD |
CY2018Q1 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
4236000 | USD |
CY2017Q4 | us-gaap |
Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
|
325701000 | USD |
CY2017Q4 | us-gaap |
Other Assets Miscellaneous
OtherAssetsMiscellaneous
|
66990000 | USD |
CY2018Q1 | us-gaap |
Other Assets Miscellaneous
OtherAssetsMiscellaneous
|
56313000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
0 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
61000 | USD |
CY2017Q1 | us-gaap |
Other Income
OtherIncome
|
15264000 | USD |
CY2018Q1 | us-gaap |
Other Income
OtherIncome
|
13809000 | USD |
CY2018Q1 | us-gaap |
Owned Property Management Costs
OwnedPropertyManagementCosts
|
38323000 | USD |
CY2018Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
113782000 | USD |
CY2017Q1 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
142000 | USD |
CY2018Q1 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
132000 | USD |
CY2017Q1 | us-gaap |
Payments To Acquire And Develop Real Estate
PaymentsToAcquireAndDevelopRealEstate
|
33013000 | USD |
CY2018Q1 | us-gaap |
Payments To Acquire And Develop Real Estate
PaymentsToAcquireAndDevelopRealEstate
|
49242000 | USD |
CY2017Q1 | us-gaap |
Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
|
26593000 | USD |
CY2018Q1 | us-gaap |
Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
|
40990000 | USD |
CY2018Q1 | us-gaap |
Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
|
4968000 | USD |
CY2017Q1 | us-gaap |
Payments To Minority Shareholders
PaymentsToMinorityShareholders
|
15000 | USD |
CY2018Q1 | us-gaap |
Payments To Minority Shareholders
PaymentsToMinorityShareholders
|
65000 | USD |
CY2017Q1 | us-gaap |
Percentage Rent
PercentageRent
|
1918000 | USD |
CY2018Q1 | us-gaap |
Percentage Rent
PercentageRent
|
1884000 | USD |
CY2017Q1 | us-gaap |
Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
|
212000 | USD |
CY2018Q1 | us-gaap |
Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
|
202000 | USD |
CY2018Q1 | us-gaap |
Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
|
142500000 | USD |
CY2017Q1 | us-gaap |
Proceeds From Issuance Of Long Term Debt And Capital Securities Net
ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet
|
200000000 | USD |
CY2018Q1 | us-gaap |
Proceeds From Issuance Of Long Term Debt And Capital Securities Net
ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet
|
120000000 | USD |
CY2017Q1 | us-gaap |
Profit Loss
ProfitLoss
|
74809000 | USD |
CY2018Q1 | us-gaap |
Profit Loss
ProfitLoss
|
-34381000 | USD |
CY2017Q1 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
1318000 | USD |
CY2018Q1 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
1354000 | USD |
CY2017Q4 | us-gaap |
Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
|
2018303000 | USD |
CY2018Q1 | us-gaap |
Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
|
1974659000 | USD |
CY2017Q4 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
9127533000 | USD |
CY2018Q1 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
8883075000 | USD |
CY2017Q4 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
7109230000 | USD |
CY2018Q1 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
6908416000 | USD |
CY2017Q1 | us-gaap |
Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
|
263927000 | USD |
CY2018Q1 | us-gaap |
Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
|
387643000 | USD |
CY2016Q4 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
49951000 | USD |
CY2017Q1 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
50014000 | USD |
CY2017Q4 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
52067000 | USD |
CY2018Q1 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
49677000 | USD |
CY2017Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-830279000 | USD |
CY2018Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-1393418000 | USD |
CY2017Q1 | us-gaap |
Revenues
Revenues
|
247045000 | USD |
CY2018Q1 | us-gaap |
Revenues
Revenues
|
236734000 | USD |
CY2017Q4 | us-gaap |
Secured Debt
SecuredDebt
|
4238080000 | USD |
CY2018Q1 | us-gaap |
Secured Debt
SecuredDebt
|
4246247000 | USD |
CY2017Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
13805000 | USD |
CY2018Q1 | us-gaap |
Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
|
0 | USD |
CY2018Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
13612000 | USD |
CY2017Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
3681578000 | USD |
CY2018Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
3157760000 | USD |
CY2017Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
3967999000 | USD |
CY2018Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
3408585000 | USD |
CY2017Q1 | us-gaap |
Straight Line Rent Adjustments
StraightLineRentAdjustments
|
-1884000 | USD |
CY2018Q1 | us-gaap |
Straight Line Rent Adjustments
StraightLineRentAdjustments
|
-2683000 | USD |
CY2017Q4 | us-gaap |
Tenant Improvements
TenantImprovements
|
620352000 | USD |
CY2018Q1 | us-gaap |
Tenant Improvements
TenantImprovements
|
616955000 | USD |
CY2017Q1 | us-gaap |
Tenant Reimbursements
TenantReimbursements
|
72412000 | USD |
CY2018Q1 | us-gaap |
Tenant Reimbursements
TenantReimbursements
|
68092000 | USD |
us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
61.01 | ||
us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
3627390 | shares | |
CY2017Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
143655000 | shares |
CY2018Q1 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:10px;padding-top:10px;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, 2018</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> |