For the quarter ending 2026-03-31, MAC had -$102,199K decrease in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net loss | -36,894 | -18,366 | -89,995 | -92,698 |
| Gain on extinguishment of debt | - | 0 | - | - |
| (gain) loss on sale or write down of assets, net | 6,840 | -26,311 | -72,634 | -24,472 |
| Depreciation and amortization | 86,015 | 87,697 | 93,988 | 186,418 |
| Amortization of discount on mortgage notes payable | 4,163 | 5,337 | 7,532 | 18,241 |
| Amortization of share and unit-based plans | 5,901 | 4,845 | 4,818 | 8,505 |
| Straight-line rent and amortization of above and below market leases | 2,152 | 2,183 | 2,421 | 2,378 |
| Provision for doubtful accounts | 1,211 | 1,322 | 955 | 2,356 |
| Income tax benefit | -2,641 | -473 | -710 | -1,010 |
| Equity in loss of unconsolidated joint ventures | -9,866 | 27,461 | 9,759 | -1,274 |
| Change in fair value of financing arrangement obligation | - | 0 | 0 | 0 |
| Distributions of income from unconsolidated joint ventures | - | 0 | - | - |
| Tenant and other receivables | -25,016 | 17,916 | 363 | -21,677 |
| Other assets | -14,510 | 18,330 | -8,143 | -10,799 |
| Due from affiliates | 1,138 | 740 | -1,772 | 1,641 |
| Accounts payable and accrued expenses | 10,605 | -8,327 | 26,404 | 14,439 |
| Other accrued liabilities | -30,245 | 18,488 | -608 | -31,444 |
| Net cash provided by operating activities | 77,377 | 50,204 | 112,390 | 159,010 |
| Development, redevelopment, expansion and renovation of properties | 30,301 | 25,579 | 15,475 | 59,956 |
| Cash and restricted cash acquired from acquisition of previously unconsolidated joint venture | - | 0 | 0 | 0 |
| Property improvements | 28,667 | 31,078 | 17,793 | 17,544 |
| Derecognition of cash previously held by a consolidated joint venture to an unconsolidated joint venture | - | 0 | 0 | 0 |
| Proceeds from collection of notes receivable | - | 0 | - | - |
| Deposit on acquisition of property | 10,000 | 0 | 0 | 266,926 |
| Deferred leasing costs | 2,669 | 2,231 | 1,198 | 2,191 |
| Distributions from unconsolidated joint ventures | 17,109 | 39,227 | 21,569 | 51,839 |
| Contributions to unconsolidated joint ventures | 14,034 | 22,364 | 24,928 | 110,323 |
| Proceeds from sale of assets | 13,848 | 34,852 | 34,319 | 90,441 |
| Proceeds from share and unit-based plans | - | 1,023 | 0 | 1,251 |
| Net cash used in investing activities | -54,714 | -7,173 | -3,506 | -314,660 |
| Proceeds from mortgages, bank and other notes payable | 100,000 | 0 | 159,100 | 440,000 |
| Costs from stock offerings | - | - | - | 639 |
| Payments on mortgages, bank and other notes payable | 221,378 | 10,299 | 112,360 | 134,666 |
| Deferred financing costs | 14,161 | 70 | 3,668 | 1,729 |
| Payment on finance arrangement obligation | - | 0 | - | - |
| Payments on finance leases | 0 | 0 | 0 | 4,408 |
| Proceeds (costs) from stock offerings, net | -60,541 | -4,847 | -48,406 | - |
| Redemption of noncontrolling interests | 830 | 0 | 4 | - |
| Contributions from noncontrolling interests | - | 4 | - | - |
| Dividends and distributions | 49,034 | 46,176 | 45,867 | 96,165 |
| Net cash (used in) provided by financing activities | -124,862 | -50,671 | 46,246 | 203,644 |
| Net (decrease) increase in cash, cash equivalents and restricted cash | -102,199 | -7,640 | 155,130 | 47,994 |
| Cash, cash equivalents and restricted cash, beginning of period | 372,963 | 380,603 | 177,479 | - |
| Cash, cash equivalents and restricted cash, end of period | 270,764 | 372,963 | 380,603 | - |
MACERICH CO (MAC)
MACERICH CO (MAC)