$MAC
MACERICH CO Stock $mac

$mac Overview Financials Valuation SEC Filings Company Website

2024 Q3 Form 10-Q Financial Statement

#000091224224000125 Filed on August 08, 2024

Income Statement

Concept	2024 Q3	2024 Q2
Revenue	$220.2M	$215.5M
YoY Change	0.95%	1.48%
Cost Of Revenue	$103.8M	$99.49M
YoY Change	2.2%	3.81%
Gross Profit	$116.4M	$116.0M
YoY Change	-0.09%	-0.43%
Gross Profit Margin	52.85%	53.84%
Selling, General & Admin	$6.010M	$6.996M
YoY Change	1.86%	-20.52%
% of Gross Profit	5.16%	6.03%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$73.30M	$74.41M
YoY Change	-1.48%	0.14%
% of Gross Profit	62.98%	64.12%
Operating Expenses	$79.31M	$78.67M
YoY Change	3.4%	-0.65%
Operating Profit	$37.08M	$37.36M
YoY Change	-6.83%	0.03%
Interest Expense	-$132.0M	-$96.60M
YoY Change	-17.94%	56.66%
% of Operating Profit	-356.05%	-258.55%
Other Income/Expense, Net
YoY Change
Pretax Income	-$111.6M	$265.8M
YoY Change	-58.73%	-1993.53%
Income Tax	$545.0K	$258.0K
% Of Pretax Income		0.1%
Net Earnings	-$108.2M	$252.0M
YoY Change	-58.79%	-1784.09%
Net Earnings / Revenue	-49.13%	116.93%
Basic Earnings Per Share	-$0.50	$1.16
Diluted Earnings Per Share	-$0.50	$1.16
COMMON SHARES
Basic Shares Outstanding	216.0M shares	215.8M shares
Diluted Shares Outstanding	218.4M shares	216.2M shares

Balance Sheet

Concept	2024 Q3	2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$116.5M	$70.69M
YoY Change	4.0%	-23.55%
Cash & Equivalents	$116.5M	$70.69M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables	$133.3M	$142.7M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$249.8M	$213.3M
YoY Change	-7.84%	-18.01%
LONG-TERM ASSETS
Property, Plant & Equipment	$6.173B	$6.253B
YoY Change	1.69%	-0.14%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$775.4M	$915.8M
YoY Change	-15.59%	-11.45%
Other Assets	$392.8M	$395.2M
YoY Change	230.07%	237.89%
Total Long-Term Assets	$7.341B	$7.564B
YoY Change	0.32%	-0.92%
TOTAL ASSETS
Total Short-Term Assets	$249.8M	$213.3M
Total Long-Term Assets	$7.341B	$7.564B
Total Assets	$7.590B	$7.778B
YoY Change	0.03%	-1.48%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$79.24M	$67.70M
YoY Change	7.07%	18.78%
Accrued Expenses	$389.2M	$391.2M
YoY Change	15.49%	16.55%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$468.4M	$458.9M
YoY Change	13.97%	16.87%
LONG-TERM LIABILITIES
Long-Term Debt	$4.342B	$4.545B
YoY Change	-2.05%	2.23%
Other Long-Term Liabilities	$190.7M	$185.4M
YoY Change	-22.16%	-24.98%
Total Long-Term Liabilities	$4.533B	$4.730B
YoY Change	-3.1%	0.79%
TOTAL LIABILITIES
Total Short-Term Liabilities	$468.4M	$458.9M
Total Long-Term Liabilities	$4.533B	$4.730B
Total Liabilities	$5.079B	$5.272B
YoY Change	-0.21%	3.67%
SHAREHOLDERS EQUITY
Retained Earnings	-$3.157B	-$3.012B
YoY Change	2.19%	7.95%
Common Stock	$5.669B	$5.517B
YoY Change	2.68%	-0.05%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$2.512B	$2.505B
YoY Change
Total Liabilities & Shareholders Equity	$7.590B	$7.778B
YoY Change	0.03%	-1.48%

Cashflow Statement

Concept	2024 Q3	2024 Q2
OPERATING ACTIVITIES
Net Income	-$108.2M	$252.0M
YoY Change	-58.79%	-1784.09%
Depreciation, Depletion And Amortization	$73.30M	$74.41M
YoY Change	-1.48%	0.14%
Cash From Operating Activities	$100.0M	$67.43M
YoY Change	-6.85%	16.28%
INVESTING ACTIVITIES
Capital Expenditures	$19.28M	$57.65M
YoY Change	43.88%	-14.18%
Acquisitions
YoY Change
Other Investing Activities	$85.26M	$1.282M
YoY Change	-745.9%	-83.84%
Cash From Investing Activities	$65.98M	-$56.37M
YoY Change	-348.04%	-4.85%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-117.7M	-54.48M
YoY Change	105.06%	177.51%
NET CHANGE
Cash From Operating Activities	100.0M	67.43M
Cash From Investing Activities	65.98M	-56.37M
Cash From Financing Activities	-117.7M	-54.48M
Net Change In Cash	48.32M	-43.42M
YoY Change	106.51%	107.87%
FREE CASH FLOW
Cash From Operating Activities	$100.0M	$67.43M
Capital Expenditures	$19.28M	$57.65M
Free Cash Flow	$80.77M	$9.776M
YoY Change	-14.08%	-206.36%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2024Q2	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	2397000	usd
CY2024Q2	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	1021000	usd
CY2024Q2	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	-66000	usd
CY2024Q2	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.17
CY2024Q2	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	36724000	usd
CY2024Q2	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	4307000	usd
	mac	Number Of Real Estate Management Companies NumberOfRealEstateManagementCompanies	7	entity
	us-gaap	Net Income Loss NetIncomeLoss	125279000	usd
CY2023Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	94936000	usd
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	100320000	usd
CY2023Q4	us-gaap	Restricted Cash Current RestrictedCashCurrent	95358000	usd
CY2022Q4	us-gaap	Restricted Cash Current RestrictedCashCurrent	80819000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	190294000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	181139000	usd
CY2024Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	70692000	usd
CY2023Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	92465000	usd
CY2024Q2	us-gaap	Restricted Cash Current RestrictedCashCurrent	110962000	usd
CY2023Q2	us-gaap	Restricted Cash Current RestrictedCashCurrent	92338000	usd
CY2024Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	181654000	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	184803000	usd
CY2024Q2	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	265499000	usd
CY2023Q2	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	-14406000	usd
	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	134053000	usd
CY2024Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	13492000	usd
CY2023Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	558000	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	8774000	usd
CY2024Q2	us-gaap	Net Income Loss NetIncomeLoss	252007000	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	-14964000	usd
CY2023Q2	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Diluted UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted	213000	usd
CY2023Q2	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	213000	usd
CY2023Q2	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-15177000	usd
CY2023Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-15177000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	124839000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-74135000	usd
CY2024Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	216180000	shares
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	215457000	shares
CY2023Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	215457000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	216108000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	215375000	shares
CY2023Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.07
CY2023Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.07
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.58
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.34
CY2024Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	216403221	shares
CY2024Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	216403221	shares
CY2023Q2	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	350000	usd
CY2024Q2	us-gaap	Depreciation Nonproduction DepreciationNonproduction	67421000	usd
CY2023Q2	us-gaap	Depreciation Nonproduction DepreciationNonproduction	66162000	usd
CY2024Q2	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	12698000	usd
CY2023Q2	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	70000	usd
CY2023Q2	us-gaap	Gain Loss On Sales Of Assets And Asset Impairment Charges GainLossOnSalesOfAssetsAndAssetImpairmentCharges	10279000	usd
	us-gaap	Operating Lease Lease Income Lease Payments OperatingLeaseLeaseIncomeLeasePayments	297591000	usd
	us-gaap	Operating Lease Lease Income Lease Payments OperatingLeaseLeaseIncomeLeasePayments	281753000	usd
	us-gaap	Variable Lease Income VariableLeaseIncome	96454000	usd
	us-gaap	Variable Lease Income VariableLeaseIncome	108298000	usd
	us-gaap	Net Investment In Lease Credit Loss Expense Reversal NetInvestmentInLeaseCreditLossExpenseReversal	4432000	usd
	us-gaap	Net Investment In Lease Credit Loss Expense Reversal NetInvestmentInLeaseCreditLossExpenseReversal	-1647000	usd
	us-gaap	Lease Income LeaseIncome	389613000	usd
	us-gaap	Lease Income LeaseIncome	391698000	usd
	us-gaap	Operating Lease Cost OperatingLeaseCost	7084000	usd
	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	975000	usd
	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	969000	usd
	us-gaap	Finance Lease Interest Expense FinanceLeaseInterestExpense	215000	usd
	us-gaap	Finance Lease Interest Expense FinanceLeaseInterestExpense	260000	usd
	us-gaap	Lease Cost LeaseCost	7727000	usd
	us-gaap	Lease Cost LeaseCost	8313000	usd
CY2023Q4	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	129859000	usd
CY2023Q4	us-gaap	Finance Lease Liability Payments Due FinanceLeaseLiabilityPaymentsDue	10878000	usd
CY2023Q4	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	56475000	usd
CY2023Q4	us-gaap	Finance Lease Liability Undiscounted Excess Amount FinanceLeaseLiabilityUndiscountedExcessAmount	273000	usd
CY2023Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	73384000	usd
CY2023Q4	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P24Y1M6D
CY2023Q4	us-gaap	Finance Lease Weighted Average Remaining Lease Term1 FinanceLeaseWeightedAverageRemainingLeaseTerm1	P0Y8M12D
CY2023Q4	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.071
CY2023Q4	us-gaap	Finance Lease Weighted Average Discount Rate Percent FinanceLeaseWeightedAverageDiscountRatePercent	0.036
CY2023Q2	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	4850000	usd
	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	10389000	usd
	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	9693000	usd
CY2024Q2	us-gaap	Notes Payable Fair Value Disclosure NotesPayableFairValueDisclosure	4158327000	usd
CY2023Q4	us-gaap	Notes Payable Fair Value Disclosure NotesPayableFairValueDisclosure	3863997000	usd
CY2023Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	215976614	shares
CY2023Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	215976614	shares
CY2024Q2	us-gaap	Stock Issued During Period Value Conversion Of Units StockIssuedDuringPeriodValueConversionOfUnits	0	usd
CY2024Q2	us-gaap	Noncontrolling Interest Increase From Subsidiary Equity Issuance NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance	0	usd
CY2024Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2588740000	usd
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2855414000	usd
CY2023Q2	us-gaap	Profit Loss ProfitLoss	-14406000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	350000	usd
CY2023Q2	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	6047000	usd
CY2023Q2	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	1021000	usd
CY2023Q2	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	-56000	usd
CY2023Q2	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.17
CY2023Q2	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	36608000	usd
CY2023Q2	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	2725000	usd
	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	-66000	usd
	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.34
	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	73519000	usd
	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	6713000	usd
	us-gaap	Stock Issued During Period Value Conversion Of Units StockIssuedDuringPeriodValueConversionOfUnits	0	usd
	us-gaap	Noncontrolling Interest Increase From Subsidiary Equity Issuance NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance	0	usd
CY2024Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2588740000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2949349000	usd
	us-gaap	Profit Loss ProfitLoss	-72600000	usd
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	470000	usd
	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	12019000	usd
	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	1021000	usd
	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	-77000	usd
	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.34
	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	73306000	usd
	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	7839000	usd
	us-gaap	Noncontrolling Interest Increase From Subsidiary Equity Issuance NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance	0	usd
CY2023Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2809037000	usd
	us-gaap	Profit Loss ProfitLoss	134053000	usd
	us-gaap	Profit Loss ProfitLoss	-72600000	usd
	mac	Gain Loss On Sale Or Write Down Of Assets GainLossOnSaleOrWriteDownOfAssets	288911000	usd
	mac	Gain Loss On Sale Or Write Down Of Assets GainLossOnSaleOrWriteDownOfAssets	14058000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	145789000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	149336000	usd
	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	2067000	usd
	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	0	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	5189000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	9865000	usd
	mac	Straight Line Rent Adjustments And Amortization Of Above And Below Market Leases StraightLineRentAdjustmentsAndAmortizationOfAboveAndBelowMarketLeases	-2392000	usd
	mac	Straight Line Rent Adjustments And Amortization Of Above And Below Market Leases StraightLineRentAdjustmentsAndAmortizationOfAboveAndBelowMarketLeases	373000	usd
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	4432000	usd
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	-1647000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-966000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-1511000	usd
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-130113000	usd
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-68770000	usd
	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	0	usd
	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	280000	usd
	us-gaap	Liabilities Fair Value Adjustment LiabilitiesFairValueAdjustment	13795000	usd
	us-gaap	Liabilities Fair Value Adjustment LiabilitiesFairValueAdjustment	7517000	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-27340000	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-20406000	usd
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	5432000	usd
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-3364000	usd
	us-gaap	Increase Decrease Due From Affiliates IncreaseDecreaseDueFromAffiliates	-1457000	usd
	us-gaap	Increase Decrease Due From Affiliates IncreaseDecreaseDueFromAffiliates	2446000	usd
	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	5703000	usd
	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	-3095000	usd
	us-gaap	Increase Decrease In Other Accrued Liabilities IncreaseDecreaseInOtherAccruedLiabilities	-20905000	usd
	us-gaap	Increase Decrease In Other Accrued Liabilities IncreaseDecreaseInOtherAccruedLiabilities	-10053000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	128526000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	138721000	usd
	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	41852000	usd
	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	46687000	usd
	mac	Payments To Acquire Develop Redevelop Expansion And Renovation Real Estate PaymentsToAcquireDevelopRedevelopExpansionAndRenovationRealEstate	50312000	usd
	mac	Payments To Acquire Develop Redevelop Expansion And Renovation Real Estate PaymentsToAcquireDevelopRedevelopExpansionAndRenovationRealEstate	32724000	usd
	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	23132000	usd
	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	35367000	usd
	mac	Deferred Leasing Fees Investing Activities DeferredLeasingFeesInvestingActivities	2979000	usd
	mac	Deferred Leasing Fees Investing Activities DeferredLeasingFeesInvestingActivities	3368000	usd
	mac	Distributions Of Capital From Unconsolidated Entities And Other DistributionsOfCapitalFromUnconsolidatedEntitiesAndOther	57698000	usd
	mac	Distributions Of Capital From Unconsolidated Entities And Other DistributionsOfCapitalFromUnconsolidatedEntitiesAndOther	186057000	usd
	us-gaap	Payments To Acquire Interest In Joint Venture PaymentsToAcquireInterestInJointVenture	30013000	usd
	us-gaap	Payments To Acquire Interest In Joint Venture PaymentsToAcquireInterestInJointVenture	37238000	usd
	mac	Cash Acquired From Acquisition Of Unconsolidated Joint Ventures CashAcquiredFromAcquisitionOfUnconsolidatedJointVentures	7373000	usd
	mac	Cash Acquired From Acquisition Of Unconsolidated Joint Ventures CashAcquiredFromAcquisitionOfUnconsolidatedJointVentures	0	usd
	mac	Derecognition Of Cash Previously Held By A Consolidated Joint Venture To An Unconsolidated Joint Venture DerecognitionOfCashPreviouslyHeldByAConsolidatedJointVentureToAnUnconsolidatedJointVenture	13005000	usd
	mac	Derecognition Of Cash Previously Held By A Consolidated Joint Venture To An Unconsolidated Joint Venture DerecognitionOfCashPreviouslyHeldByAConsolidatedJointVentureToAnUnconsolidatedJointVenture	0	usd
	mac	Proceeds From Sale Of Partnership Interests Other Assets And Discontinued Operations Net ProceedsFromSaleOfPartnershipInterestsOtherAssetsAndDiscontinuedOperationsNet	12872000	usd
	mac	Proceeds From Sale Of Partnership Interests Other Assets And Discontinued Operations Net ProceedsFromSaleOfPartnershipInterestsOtherAssetsAndDiscontinuedOperationsNet	28244000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-83350000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	58917000	usd
	us-gaap	Proceeds From Issuance Of Long Term Debt And Capital Securities Net ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet	289996000	usd
	us-gaap	Proceeds From Issuance Of Long Term Debt And Capital Securities Net ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet	500000000	usd
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	257922000	usd
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	596086000	usd
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	5371000	usd
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	16494000	usd
	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	1242000	usd
	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	1193000	usd
	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	66000	usd
	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	77000	usd
	us-gaap	Proceeds From Stock Plans ProceedsFromStockPlans	1021000	usd
	us-gaap	Proceeds From Stock Plans ProceedsFromStockPlans	1021000	usd
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	80232000	usd
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	81145000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-53816000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-193974000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-8640000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	3664000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	190294000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	181139000	usd
CY2024Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	181654000	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	184803000	usd
	us-gaap	Interest Paid Net InterestPaidNet	91503000	usd
	us-gaap	Interest Paid Net InterestPaidNet	94686000	usd
	us-gaap	Construction In Progress Expenditures Incurred But Not Yet Paid ConstructionInProgressExpendituresIncurredButNotYetPaid	39686000	usd
	us-gaap	Construction In Progress Expenditures Incurred But Not Yet Paid ConstructionInProgressExpendituresIncurredButNotYetPaid	40197000	usd
	us-gaap	Noncash Or Part Noncash Divestiture Amount Of Consideration Received1 NoncashOrPartNoncashDivestitureAmountOfConsiderationReceived1	347290000	usd
	us-gaap	Noncash Or Part Noncash Divestiture Amount Of Consideration Received1 NoncashOrPartNoncashDivestitureAmountOfConsiderationReceived1	0	usd
	us-gaap	Conversion Of Stock Amount Converted1 ConversionOfStockAmountConverted1	5970000	usd
	us-gaap	Conversion Of Stock Amount Converted1 ConversionOfStockAmountConverted1	0	usd
	us-gaap	Noncash Or Part Noncash Acquisition Value Of Assets Acquired1 NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1	621701000	usd
	us-gaap	Noncash Or Part Noncash Acquisition Value Of Assets Acquired1 NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1	46713000	usd
	us-gaap	Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1 NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1	558439000	usd
	us-gaap	Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1 NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1	0	usd
	us-gaap	Nature Of Operations NatureOfOperations	Organization:<div style="margin-bottom:8pt;margin-top:8pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Macerich Company (the "Company") is involved in the acquisition, ownership, development, redevelopment, management and leasing of regional retail centers and community/power shopping centers (the "Centers") located throughout the United States.</span></div><div style="margin-bottom:8pt;margin-top:8pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company commenced operations effective with the completion of its initial public offering on March 16, 1994. As of June 30, 2024, the Company was the sole general partner of and held a 96% 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").</span></div><div style="margin-bottom:8pt;margin-top:8pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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 seven of the management companies are collectively referred to herein as the "Management Companies."</span></div><div style="margin-bottom:8pt;margin-top:8pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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.</span></div>
	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	-72600000	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	1097000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-73697000	usd
CY2024Q2	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	397000	usd
CY2024Q2	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Diluted UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted	397000	usd
	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	440000	usd
	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Diluted UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted	440000	usd
	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	438000	usd
	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Diluted UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted	438000	usd
CY2024Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	251610000	usd
CY2024Q2	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	251610000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	124839000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-74135000	usd
CY2024Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	216180000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	216108000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	215375000	shares
CY2024Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.16
CY2024Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.16
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.58
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.34
CY2024Q2	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	305000	usd
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	920000	usd
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	470000	usd
CY2024Q2	us-gaap	Finance Lease Right Of Use Asset Before Accumulated Amortization FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization	169540000	usd
CY2023Q4	us-gaap	Finance Lease Right Of Use Asset Before Accumulated Amortization FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization	186717000	usd
CY2024Q2	us-gaap	Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization	8706883000	usd
CY2023Q4	us-gaap	Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization	8710352000	usd
CY2024Q2	us-gaap	Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization	2567994000	usd
CY2023Q4	us-gaap	Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization	2809863000	usd
CY2024Q2	us-gaap	Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization	6138889000	usd
CY2023Q4	us-gaap	Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization	5900489000	usd
	us-gaap	Depreciation Nonproduction DepreciationNonproduction	132180000	usd
	us-gaap	Depreciation Nonproduction DepreciationNonproduction	133225000	usd
	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	48783000	usd
	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	666000	usd
CY2024Q2	us-gaap	Gain Loss On Sales Of Assets And Asset Impairment Charges GainLossOnSalesOfAssetsAndAssetImpairmentCharges	324996000	usd
	us-gaap	Gain Loss On Sales Of Assets And Asset Impairment Charges GainLossOnSalesOfAssetsAndAssetImpairmentCharges	288911000	usd
	us-gaap	Gain Loss On Sales Of Assets And Asset Impairment Charges GainLossOnSalesOfAssetsAndAssetImpairmentCharges	14058000	usd
CY2024Q2	mac	Impairment Of Real Estate Related To Estimated Holding Period ImpairmentOfRealEstateRelatedToEstimatedHoldingPeriod	12692000	usd
	mac	Impairment Of Real Estate Related To Estimated Holding Period ImpairmentOfRealEstateRelatedToEstimatedHoldingPeriod	48679000	usd
CY2024Q2	us-gaap	Allowance For Doubtful Accounts Premiums And Other Receivables AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables	7183000	usd
CY2023Q4	us-gaap	Allowance For Doubtful Accounts Premiums And Other Receivables AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables	4824000	usd
CY2024Q2	us-gaap	Deferred Rent Receivables Net DeferredRentReceivablesNet	98699000	usd
CY2023Q4	us-gaap	Deferred Rent Receivables Net DeferredRentReceivablesNet	105260000	usd
CY2024Q2	us-gaap	Operating Lease Lease Income Lease Payments OperatingLeaseLeaseIncomeLeasePayments	152876000	usd
CY2023Q2	us-gaap	Operating Lease Lease Income Lease Payments OperatingLeaseLeaseIncomeLeasePayments	141247000	usd
CY2024Q2	us-gaap	Variable Lease Income VariableLeaseIncome	46594000	usd
CY2023Q2	us-gaap	Variable Lease Income VariableLeaseIncome	50782000	usd
CY2024Q2	us-gaap	Net Investment In Lease Credit Loss Expense Reversal NetInvestmentInLeaseCreditLossExpenseReversal	1509000	usd
CY2023Q2	us-gaap	Net Investment In Lease Credit Loss Expense Reversal NetInvestmentInLeaseCreditLossExpenseReversal	-624000	usd
CY2024Q2	us-gaap	Lease Income LeaseIncome	197961000	usd
CY2023Q2	us-gaap	Lease Income LeaseIncome	192653000	usd
CY2024Q2	us-gaap	Lessor Operating Lease Payments To Be Received Next Rolling Twelve Months LessorOperatingLeasePaymentsToBeReceivedNextRollingTwelveMonths	496506000	usd
CY2024Q2	us-gaap	Lessor Operating Lease Payments To Be Received Rolling Year Two LessorOperatingLeasePaymentsToBeReceivedRollingYearTwo	416061000	usd
CY2024Q2	us-gaap	Lessor Operating Lease Payments To Be Received Rolling Year Three LessorOperatingLeasePaymentsToBeReceivedRollingYearThree	331748000	usd
CY2024Q2	us-gaap	Lessor Operating Lease Payments To Be Received Rolling Year Four LessorOperatingLeasePaymentsToBeReceivedRollingYearFour	257743000	usd
CY2024Q2	us-gaap	Lessor Operating Lease Payments To Be Received Rolling Year Five LessorOperatingLeasePaymentsToBeReceivedRollingYearFive	196539000	usd
CY2024Q2	us-gaap	Lessor Operating Lease Payments To Be Received After Rolling Year Five LessorOperatingLeasePaymentsToBeReceivedAfterRollingYearFive	812237000	usd
CY2024Q2	us-gaap	Lessor Operating Lease Payments To Be Received LessorOperatingLeasePaymentsToBeReceived	2510834000	usd
	mac	Finance Lease Number Of Leases FinanceLeaseNumberOfLeases	5	lease
CY2024Q2	us-gaap	Operating Lease Cost OperatingLeaseCost	3275000	usd
CY2023Q2	us-gaap	Operating Lease Cost OperatingLeaseCost	3290000	usd
	us-gaap	Operating Lease Cost OperatingLeaseCost	6537000	usd
CY2024Q2	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	487000	usd
CY2023Q2	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	484000	usd
CY2024Q2	us-gaap	Finance Lease Interest Expense FinanceLeaseInterestExpense	73000	usd
CY2023Q2	us-gaap	Finance Lease Interest Expense FinanceLeaseInterestExpense	92000	usd
CY2024Q2	us-gaap	Lease Cost LeaseCost	3835000	usd
CY2023Q2	us-gaap	Lease Cost LeaseCost	3866000	usd
CY2024Q2	mac	Lessee Operating Lease Liability Payments Due In Rolling Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsDueInRollingRemainderOfFiscalYear	6097000	usd
CY2024Q2	mac	Finance Lease Liability Payments Due In Rolling Remainder Of Fiscal Year FinanceLeaseLiabilityPaymentsDueInRollingRemainderOfFiscalYear	9478000	usd
CY2023Q4	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	11442000	usd
CY2023Q4	us-gaap	Finance Lease Liability Payments Due Next Twelve Months FinanceLeaseLiabilityPaymentsDueNextTwelveMonths	9478000	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Due Next Rolling Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextRollingTwelveMonths	11626000	usd
CY2024Q2	us-gaap	Finance Lease Liability Payments Due In Next Rolling Twelve Months FinanceLeaseLiabilityPaymentsDueInNextRollingTwelveMonths	1400000	usd
CY2023Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	11626000	usd
CY2023Q4	us-gaap	Finance Lease Liability Payments Due Year Two FinanceLeaseLiabilityPaymentsDueYearTwo	1400000	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Due In Rolling Year Two LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearTwo	11743000	usd
CY2024Q2	us-gaap	Finance Lease Liability Payments Due In Rolling Year Two FinanceLeaseLiabilityPaymentsDueInRollingYearTwo	0	usd
CY2023Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	11743000	usd
CY2023Q4	us-gaap	Finance Lease Liability Payments Due Year Three FinanceLeaseLiabilityPaymentsDueYearThree	0	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Due In Rolling Year Three LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearThree	11914000	usd
CY2024Q2	us-gaap	Finance Lease Liability Payments Due In Rolling Year Three FinanceLeaseLiabilityPaymentsDueInRollingYearThree	0	usd
CY2023Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	11914000	usd
CY2023Q4	us-gaap	Finance Lease Liability Payments Due Year Four FinanceLeaseLiabilityPaymentsDueYearFour	0	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Due In Rolling Year Four LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearFour	8303000	usd
CY2024Q2	us-gaap	Finance Lease Liability Payments Due In Rolling Year Four FinanceLeaseLiabilityPaymentsDueInRollingYearFour	0	usd
CY2023Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Five LesseeOperatingLeaseLiabilityPaymentsDueYearFive	8303000	usd
CY2023Q4	us-gaap	Finance Lease Liability Payments Due Year Five FinanceLeaseLiabilityPaymentsDueYearFive	0	usd
CY2024Q2	mac	Lessee Operating Lease Liability Payments Due After Rolling Year Four LesseeOperatingLeaseLiabilityPaymentsDueAfterRollingYearFour	74831000	usd
CY2024Q2	mac	Finance Lease Liability Payments Due In Rolling After Year Four FinanceLeaseLiabilityPaymentsDueInRollingAfterYearFour	0	usd
CY2023Q4	us-gaap	Lessee Operating Lease Liability Payments Due After Year Five LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive	74831000	usd
CY2023Q4	us-gaap	Finance Lease Liability Payments Due After Year Five FinanceLeaseLiabilityPaymentsDueAfterYearFive	0	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	124514000	usd
CY2024Q2	us-gaap	Finance Lease Liability Payments Due FinanceLeaseLiabilityPaymentsDue	10878000	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	54146000	usd
CY2024Q2	us-gaap	Finance Lease Liability Undiscounted Excess Amount FinanceLeaseLiabilityUndiscountedExcessAmount	1515000	usd
CY2024Q2	us-gaap	Operating Lease Liability OperatingLeaseLiability	70368000	usd
CY2024Q2	us-gaap	Finance Lease Liability FinanceLeaseLiability	9363000	usd
CY2023Q4	us-gaap	Finance Lease Liability FinanceLeaseLiability	10605000	usd
CY2024Q2	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P24Y2M12D
CY2024Q2	us-gaap	Finance Lease Weighted Average Remaining Lease Term1 FinanceLeaseWeightedAverageRemainingLeaseTerm1	P0Y2M12D
CY2024Q2	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.071
CY2024Q2	us-gaap	Finance Lease Weighted Average Discount Rate Percent FinanceLeaseWeightedAverageDiscountRatePercent	0.035
CY2024Q2	us-gaap	Deferred Costs Leasing Gross DeferredCostsLeasingGross	57136000	usd
CY2023Q4	us-gaap	Deferred Costs Leasing Gross DeferredCostsLeasingGross	89175000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Asset Acquired In Place Leases FiniteLivedIntangibleAssetAcquiredInPlaceLeases	90279000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Asset Acquired In Place Leases FiniteLivedIntangibleAssetAcquiredInPlaceLeases	59478000	usd
CY2024Q2	mac	Finite Lived Intangible Asset Leasing Commissions And Legal Costs FiniteLivedIntangibleAssetLeasingCommissionsAndLegalCosts	20380000	usd
CY2023Q4	mac	Finite Lived Intangible Asset Leasing Commissions And Legal Costs FiniteLivedIntangibleAssetLeasingCommissionsAndLegalCosts	16364000	usd
CY2024Q2	mac	Finite Lived Intangible Asset Above Market Leases FiniteLivedIntangibleAssetAboveMarketLeases	56636000	usd
CY2023Q4	mac	Finite Lived Intangible Asset Above Market Leases FiniteLivedIntangibleAssetAboveMarketLeases	66002000	usd
CY2024Q2	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	24990000	usd
CY2023Q4	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	24024000	usd
CY2024Q2	us-gaap	Deferred Compensation Plan Assets DeferredCompensationPlanAssets	67387000	usd
CY2023Q4	us-gaap	Deferred Compensation Plan Assets DeferredCompensationPlanAssets	62755000	usd
CY2024Q2	us-gaap	Other Assets Miscellaneous OtherAssetsMiscellaneous	60698000	usd
CY2023Q4	us-gaap	Other Assets Miscellaneous OtherAssetsMiscellaneous	73576000	usd
CY2024Q2	mac	Deferred Costs And Other Assets Gross DeferredCostsAndOtherAssetsGross	377506000	usd
CY2023Q4	mac	Deferred Costs And Other Assets Gross DeferredCostsAndOtherAssetsGross	391374000	usd
CY2024Q2	mac	Accumulated Amortization Deferred Costs And Finite Lived Intangible Assets AccumulatedAmortizationDeferredCostsAndFiniteLivedIntangibleAssets	93264000	usd
CY2023Q4	mac	Accumulated Amortization Deferred Costs And Finite Lived Intangible Assets AccumulatedAmortizationDeferredCostsAndFiniteLivedIntangibleAssets	128306000	usd
CY2024Q2	us-gaap	Deferred Costs And Other Assets DeferredCostsAndOtherAssets	284242000	usd
CY2023Q4	us-gaap	Deferred Costs And Other Assets DeferredCostsAndOtherAssets	263068000	usd
CY2024Q2	us-gaap	Below Market Lease Gross BelowMarketLeaseGross	93543000	usd
CY2023Q4	us-gaap	Below Market Lease Gross BelowMarketLeaseGross	85174000	usd
CY2024Q2	us-gaap	Below Market Lease Accumulated Amortization BelowMarketLeaseAccumulatedAmortization	36741000	usd
CY2023Q4	us-gaap	Below Market Lease Accumulated Amortization BelowMarketLeaseAccumulatedAmortization	37490000	usd
CY2024Q2	us-gaap	Below Market Lease Net BelowMarketLeaseNet	56802000	usd
CY2023Q4	us-gaap	Below Market Lease Net BelowMarketLeaseNet	47684000	usd
CY2024Q2	us-gaap	Long Term Debt LongTermDebt	4373234000	usd
CY2023Q4	us-gaap	Long Term Debt LongTermDebt	4136136000	usd
CY2024Q2	us-gaap	Debt Instrument Unamortized Discount DebtInstrumentUnamortizedDiscount	41367000	usd
CY2023Q4	us-gaap	Debt Instrument Unamortized Discount DebtInstrumentUnamortizedDiscount	0	usd
CY2024Q2	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	22641000	usd
CY2023Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	21148000	usd
CY2024Q2	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	5313000	usd
CY2023Q4	mac	Joint Venture Ownership Percent JointVentureOwnershipPercent	0.499
CY2024Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
	mac	Minority Interest Redemption Value Basis Number Of Trading Days MinorityInterestRedemptionValueBasisNumberOfTradingDays	P10D
CY2024Q2	mac	Minority Interest Redemption Value MinorityInterestRedemptionValue	148380000	usd
CY2023Q4	mac	Minority Interest Redemption Value MinorityInterestRedemptionValue	158157000	usd
CY2017Q1	srt	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	500000000	usd
	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	0	shares
	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	0	shares
CY2024Q2	us-gaap	Letters Of Credit Outstanding Amount LettersOfCreditOutstandingAmount	40899000	usd
CY2024Q2	us-gaap	Construction Payable Current ConstructionPayableCurrent	25016000	usd
CY2024Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate	0.0428
CY2024Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate	0.4504
CY2024Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate	0.0425
CY2024Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate	0.4509
CY2024Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	2397000	usd
CY2023Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	6047000	usd
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	5443000	usd
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	12019000	usd
CY2024Q2	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	-62000	usd
CY2023Q2	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	1077000	usd
	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	254000	usd
	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	2154000	usd
CY2024Q2	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	0	usd
CY2023Q2	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	0	usd
	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	0	usd
	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	0	usd
CY2024Q2	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	258000	usd
CY2023Q2	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	371000	usd
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-966000	usd
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-1511000	usd
CY2024Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	258000	usd
CY2023Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	371000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-966000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-1511000	usd
CY2024Q2	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	24990000	usd
CY2023Q4	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	24024000	usd
CY2024Q2	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	0	usd
CY2024Q2	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2024Q2	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q2	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2024Q2	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false

Files In Submission

Name	View Source	Status
mac-20240630_def.xml	Edgar Link	unprocessable
mac-20240630_pre.xml	Edgar Link	unprocessable
0000912242-24-000125-index-headers.html	Edgar Link	pending
0000912242-24-000125-index.html	Edgar Link	pending
0000912242-24-000125.txt	Edgar Link	pending
0000912242-24-000125-xbrl.zip	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
mac-20240630.htm	Edgar Link	pending
mac-20240630.xsd	Edgar Link	pending
mac-20240630x10qexhibit311.htm	Edgar Link	pending
mac-20240630x10qexhibit312.htm	Edgar Link	pending
mac-20240630x10qexhibit321.htm	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
mac-20240630_htm.xml	Edgar Link	completed
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R46.htm	Edgar Link	pending
R47.htm	Edgar Link	pending
R48.htm	Edgar Link	pending
R49.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R50.htm	Edgar Link	pending
R51.htm	Edgar Link	pending
R52.htm	Edgar Link	pending
R53.htm	Edgar Link	pending
R54.htm	Edgar Link	pending
R55.htm	Edgar Link	pending
R56.htm	Edgar Link	pending
R57.htm	Edgar Link	pending
R58.htm	Edgar Link	pending
R59.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R60.htm	Edgar Link	pending
R61.htm	Edgar Link	pending
R62.htm	Edgar Link	pending
R63.htm	Edgar Link	pending
R64.htm	Edgar Link	pending
R65.htm	Edgar Link	pending
R66.htm	Edgar Link	pending
R67.htm	Edgar Link	pending
R68.htm	Edgar Link	pending
R69.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R70.htm	Edgar Link	pending
R71.htm	Edgar Link	pending
R72.htm	Edgar Link	pending
R73.htm	Edgar Link	pending
R74.htm	Edgar Link	pending
R75.htm	Edgar Link	pending
R76.htm	Edgar Link	pending
R77.htm	Edgar Link	pending
R78.htm	Edgar Link	pending
R79.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R80.htm	Edgar Link	pending
R81.htm	Edgar Link	pending
R82.htm	Edgar Link	pending
R83.htm	Edgar Link	pending
R84.htm	Edgar Link	pending
R85.htm	Edgar Link	pending
R86.htm	Edgar Link	pending
R87.htm	Edgar Link	pending
R88.htm	Edgar Link	pending
R89.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
R90.htm	Edgar Link	pending
R91.htm	Edgar Link	pending
mac-20240630_cal.xml	Edgar Link	unprocessable
R92.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
mac-20240630_lab.xml	Edgar Link	unprocessable

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$MAC
MACERICH CO Stock $mac

2024 Q3 Form 10-Q Financial Statement

#000091224224000125 Filed on August 08, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MAC MACERICH CO Stock $mac

2024 Q3 Form 10-Q Financial Statement

#000091224224000125 Filed on August 08, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MAC
MACERICH CO Stock $mac