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MACERICH CO (MAC)

MACERICH CO (MAC)

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Cash Flow Overview

Change in Cash
-$102,199K
Unit: Thousand (K) dollars
Positive Cash Flow Breakdown
    • Proceeds from mortgages, bank an...
    • Depreciation and amortization
    • Proceeds (costs) from stock offe...
    • Others
Negative Cash Flow Breakdown
    • Payments on mortgages, bank and ...
    • Dividends and distributions
    • Net loss
    • Others
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
-
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Cash Flow

Depreciation andamortization$86,015K Tenant and otherreceivables-$25,016K Other assets-$14,510K Accounts payable andaccrued expenses$10,605K Equity in loss ofunconsolidated joint ventures-$9,866K Amortization of share andunit-based plans$5,901K Amortization of discount onmortgage notes payable$4,163K Provision for doubtfulaccounts$1,211K Net cash provided byoperating activities$77,377K Canceled cashflow$79,910K Net (decrease)increase in cash, cash...-$102,199K Canceled cashflow$77,377K Proceeds from mortgages,bank and other notes...$100,000K Proceeds (costs) fromstock offerings, net-$60,541K Distributions fromunconsolidated joint ventures$17,109K Proceeds from sale ofassets$13,848K Net loss-$36,894K Other accruedliabilities-$30,245K (gain) loss on sale orwrite down of assets,...$6,840K Income tax benefit-$2,641K Straight-line rent andamortization of above and...$2,152K Due from affiliates$1,138K Net cash (used in)provided by financing...-$124,862K Canceled cashflow$160,541K Net cash used ininvesting activities-$54,714K Canceled cashflow$30,957K Payments on mortgages,bank and other notes...$221,378K Dividends anddistributions$49,034K Deferred financing costs$14,161K Redemption ofnoncontrolling interests$830K Development, redevelopment,expansion and renovation...$30,301K Property improvements$28,667K Contributions tounconsolidated joint ventures$14,034K Deposit on acquisitionof property$10,000K Deferred leasing costs$2,669K