XML 62 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2014
Dec. 31, 2013
ASSETS:    
Property, net $ 11,067,890us-gaap_RealEstateInvestmentPropertyNet $ 7,621,766us-gaap_RealEstateInvestmentPropertyNet
Cash and cash equivalents 84,907us-gaap_CashAndCashEquivalentsAtCarryingValue 69,715us-gaap_CashAndCashEquivalentsAtCarryingValue
Restricted cash 13,530us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue 16,843us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue
Tenant and other receivables, net 132,026us-gaap_AccountsAndNotesReceivableNet 99,497us-gaap_AccountsAndNotesReceivableNet
Deferred charges and other assets, net 759,061us-gaap_DeferredCostsAndOtherAssets 533,058us-gaap_DeferredCostsAndOtherAssets
Loans to unconsolidated joint ventures 0us-gaap_DueFromJointVentures 2,756us-gaap_DueFromJointVentures
Due from affiliates 80,232us-gaap_DueFromAffiliates 30,132us-gaap_DueFromAffiliates
Investments in unconsolidated joint ventures 984,132us-gaap_EquityMethodInvestments 701,483us-gaap_EquityMethodInvestments
Total assets 13,121,778us-gaap_Assets 9,075,250us-gaap_Assets
Mortgage notes payable:    
Related parties 289,039us-gaap_NotesPayableRelatedPartiesCurrentAndNoncurrent 269,381us-gaap_NotesPayableRelatedPartiesCurrentAndNoncurrent
Others 5,115,482mac_SecuredDebtNonrelatedParty 4,145,809mac_SecuredDebtNonrelatedParty
Total 5,404,521us-gaap_SecuredDebt 4,415,190us-gaap_SecuredDebt
Bank and other notes payable 887,879mac_ConvertibleDebtLineOfCreditAndOtherNotesPayable 167,537mac_ConvertibleDebtLineOfCreditAndOtherNotesPayable
Accounts payable and accrued expenses 115,406us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent 76,941us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
Other accrued liabilities 568,716us-gaap_OtherAccruedLiabilitiesCurrentAndNoncurrent 363,158us-gaap_OtherAccruedLiabilitiesCurrentAndNoncurrent
Distributions in excess of investments in unconsolidated joint ventures 29,957mac_InvestmentsInUnconsolidatedJointVentures 252,192mac_InvestmentsInUnconsolidatedJointVentures
Co-venture obligation 75,450us-gaap_DeferredGainOnSaleOfProperty 81,515us-gaap_DeferredGainOnSaleOfProperty
Total liabilities 7,081,929us-gaap_Liabilities 5,356,533us-gaap_Liabilities
Commitments and contingencies      
Stockholders' equity:    
Common stock, $0.01 par value, 250,000,000 shares authorized, 158,201,996 and 140,733,683 shares issued and outstanding at December 31, 2014 and 2013, respectively 1,582us-gaap_CommonStockValue 1,407us-gaap_CommonStockValue
Additional paid-in capital 5,041,797us-gaap_AdditionalPaidInCapitalCommonStock 3,906,148us-gaap_AdditionalPaidInCapitalCommonStock
Retained earnings (accumulated deficit) 596,741us-gaap_RetainedEarningsAccumulatedDeficit (548,806)us-gaap_RetainedEarningsAccumulatedDeficit
Total stockholders' equity 5,640,120us-gaap_StockholdersEquity 3,358,749us-gaap_StockholdersEquity
Noncontrolling interests 399,729us-gaap_MinorityInterest 359,968us-gaap_MinorityInterest
Total equity 6,039,849us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest 3,718,717us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Total liabilities and equity $ 13,121,778us-gaap_LiabilitiesAndStockholdersEquity $ 9,075,250us-gaap_LiabilitiesAndStockholdersEquity