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SEC Filings



8-K
MACERICH CO filed this Form 8-K on 02/05/2018
Entire Document
 


The Macerich Company

Supplemental Financial and Operating Information (unaudited)

Occupancy(a)

 

Regional Shopping Centers:
Period Ended

   Consolidated
Centers
    Unconsolidated
Joint Venture
Centers
    Total
Centers
 

12/31/2017

     94.4     95.6     95.0

12/31/2016(b)

     94.8     96.2     95.4

12/31/2015(c)

     95.3     97.8     96.1

 

(a) Occupancy is the percentage of mall and freestanding GLA leased as of the last day of the reporting period. Occupancy excludes Centers under development and redevelopment.
(b) Cascade Mall and Northgate Mall were under contract to be sold in December 2016 and sold in January 2017. These two Centers are excluded from occupancy as of December 31, 2016.
(c) On July 15, 2016, the Company conveyed Flagstaff Mall to the mortgage lender by a deed-in-lieu of foreclosure. Flagstaff Mall is excluded from Occupancy as of December 31, 2015.

 

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