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Redeemable Noncontrolling Interests / Redeemable Partnership Units (Tables)
 12 Months Ended
Dec. 31, 2017
Noncontrolling Interest [Abstract]  
Operating Partnership Units Held By Third Parties
Below are the details of redeemable noncontrolling interests/redeemable partnership units as of December 31, 2017 and 2016.
(Amounts in thousands, except units and per unit amounts)
 
Balance as of
December 31,
 
Units Outstanding at
December 31,
 
Per Unit
Liquidation
Preference
 
Preferred or
Annual
Distribution
Rate
Unit Series
 
2017
 
2016
 
2017
 
2016
 
 
Common:
 
 
 
 
 
 
 
 
 
 
 
 
Class A units held by third parties
 
$
979,509

 
$
1,273,018

 
12,528,899

 
12,197,162

 
n/a

 
$
2.62

 
 
 
 
 
 
 
 
 
 
 
 
 
Perpetual Preferred/Redeemable Preferred(1):
 
 
 
 
 
 
 
 
 
 
 
 
5.00% D-16 Cumulative Redeemable
 
$
1,000

 
$
1,000

 
1

 
1

 
$
1,000,000.00

 
$
50,000.00

3.25% D-17 Cumulative Redeemable
 
$
4,428

 
$
4,428

 
177,100

 
177,100

 
$
25.00

 
$
0.8125

________________________________________
(1)
Holders may tender units for redemption to the Operating Partnership for cash at their stated redemption amount; Vornado, at its option, may assume that obligation and pay the holders either cash or Vornado preferred shares on a one-for-one basis.  These units are redeemable at Vornado's option at any time.
Summary Of Activity Of Redeemable Noncontrolling Interests
Below is a table summarizing the activity of redeemable noncontrolling interests/redeemable partnership units.
(Amounts in thousands)
 
Balance, December 31, 2015
$
1,229,221

Net income
53,654

Other comprehensive income
4,699

Distributions
(31,342
)
Redemption of Class A units for Vornado common shares, at redemption value
(36,510
)
Adjustments to carry redeemable Class A units at redemption value
26,251

Other, net
32,473

Balance, December 31, 2016
1,278,446

Net income
10,910

Other comprehensive income
643

Distributions
(33,229
)
Redemption of Class A units for Vornado common shares, at redemption value
(38,747
)
Adjustments to carry redeemable Class A units at redemption value (including $224,069 attributable to the spin-off of JBGS)

(268,494
)
Other, net
35,408

Balance, December 31, 2017
$
984,937