For the year ending 2025-12-31, MAC had $195,484K increase in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 |
|---|---|
| Net loss | -201,059 |
| Gain on extinguishment of debt | 0 |
| Loss (gain) on sale or write down of assets, net | -123,417 |
| Depreciation and amortization | 368,103 |
| Amortization of net discount on mortgage notes payable | 31,110 |
| Amortization of share and unit-based plans | 18,168 |
| Straight-line rent and amortization of above and below market leases, net | 6,982 |
| Provision for (recovery of) doubtful accounts | 4,633 |
| Income tax benefit | -2,193 |
| Equity in (income) loss of unconsolidated joint ventures | 35,946 |
| Change in fair value of financing arrangement obligation | 0 |
| Distributions of income from unconsolidated joint ventures | 0 |
| Tenant and other receivables | -3,398 |
| Other assets | -612 |
| Due from affiliates | 609 |
| Accounts payable and accrued expenses | 32,516 |
| Other accrued liabilities | -13,564 |
| Net cash provided by operating activities | 321,604 |
| Acquisition of property | 266,926 |
| Development, redevelopment, expansion and renovation of properties | 101,010 |
| Property improvements | 66,415 |
| Proceeds from collection of notes receivable | 0 |
| Deferred leasing costs | 5,620 |
| Distributions from unconsolidated joint ventures | 112,635 |
| Contributions to unconsolidated joint ventures | 157,615 |
| Cash and restricted cash acquired from acquisition of previously unconsolidated joint venture | 0 |
| Derecognition of cash previously held by a consolidated joint venture to an unconsolidated joint venture | 0 |
| Proceeds from sale of assets | 159,612 |
| Net cash (used in) provided by investing activities | -325,339 |
| Proceeds from mortgages, bank and other notes payable | 599,100 |
| Payments on mortgages, bank and other notes payable | 257,325 |
| Deferred financing costs | 5,467 |
| Payment on finance arrangement obligation | 0 |
| Payments on finance leases | 4,408 |
| Proceeds from share and unit-based plans | 2,274 |
| Proceeds (costs) from stock offerings, net | -53,253 |
| Redemption of noncontrolling interests | 4 |
| Contributions from noncontrolling interests | 4 |
| Dividends and distributions | 188,208 |
| Net cash provided by (used in) financing activities | 199,219 |
| Net increase (decrease) in cash and cash equivalents and restricted cash | 195,484 |
| Cash and cash equivalents and restricted cash at beginning of year | 177,479 |
| Cash and cash equivalents and restricted cash at end of year | 372,963 |
MACERICH CO (MAC)
MACERICH CO (MAC)