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SEC Filings



10-Q
MACERICH CO filed this Form 10-Q on 11/05/2018
Entire Document
 


THE MACERICH COMPANY
CONSOLIDATED BALANCE SHEETS
(Dollars in thousands, except par value)
(Unaudited)
 
September 30,
2018
 
December 31,
2017
ASSETS:
 
 
 
Property, net
$
6,821,038

 
$
7,109,230

Cash and cash equivalents
93,479

 
91,038

Restricted cash
50,621

 
52,067

Tenant and other receivables, net
105,299

 
112,653

Deferred charges and other assets, net
387,449

 
449,190

Due from affiliates
87,670

 
82,162

Investments in unconsolidated joint ventures
1,465,174

 
1,709,522

Total assets
$
9,010,730

 
$
9,605,862

LIABILITIES AND EQUITY:
 
 
 
Mortgage notes payable:
 
 
 
Related parties
$
167,747

 
$
171,569

Others
3,917,114

 
4,066,511

Total
4,084,861

 
4,238,080

Bank and other notes payable
788,122

 
932,184

Accounts payable and accrued expenses
61,308

 
58,412

Other accrued liabilities
288,780

 
325,701

Distributions in excess of investments in unconsolidated joint ventures
115,299

 
83,486

Financing arrangement obligation
384,431

 

Total liabilities
5,722,801

 
5,637,863

Commitments and contingencies

 

Equity:
 
 
 
Stockholders' equity:
 
 
 
Common stock, $0.01 par value, 250,000,000 shares authorized, 141,199,860 and 140,993,985 shares issued and outstanding at September 30, 2018 and December 31, 2017, respectively
1,412

 
1,410

Additional paid-in capital
4,563,103

 
4,510,489

Accumulated deficit
(1,520,209
)
 
(830,279
)
Accumulated other comprehensive income (loss)
142

 
(42
)
Total stockholders' equity
3,044,448

 
3,681,578

Noncontrolling interests
243,481

 
286,421

Total equity
3,287,929

 
3,967,999

Total liabilities and equity
$
9,010,730

 
$
9,605,862

   The accompanying notes are an integral part of these consolidated financial statements.

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