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Income (Loss) Per Share and Per Class A Unit (Tables)
9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share Basic and Diluted
(Amounts in thousands, except per share amounts)For the Three Months Ended September 30,For the Nine Months Ended September 30,
2025202420252024
Numerator:
Net income (loss) attributable to Vornado$27,115 $(3,626)$888,828 $53,658 
Preferred share dividends(15,526)(15,528)(46,578)(46,586)
Net income (loss) attributable to common shareholders11,589 (19,154)842,250 7,072 
Distributions and earnings allocated to unvested participating securities— — — — 
Numerator for basic income (loss) per common share11,589 (19,154)842,250 7,072 
Impact of assumed conversion of dilutive convertible securities— — 1,189 — 
Numerator for diluted income (loss) per common share$11,589 $(19,154)$843,439 $7,072 
Denominator:
Denominator for basic income (loss) per common share - weighted average shares192,050 190,556 191,804 190,493 
Effect of dilutive securities(1):
Share-based payment awards8,100 — 8,000 4,980 
Convertible securities— — 1,294 — 
Denominator for diluted income (loss) per common share - weighted average shares and assumed conversions200,150 190,556 201,098 195,473 
 INCOME (LOSS) PER COMMON SHARE:
Basic$0.06 $(0.10)$4.39 $0.04 
Diluted$0.06 $(0.10)$4.19 $0.04 
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(1)The calculation of diluted income (loss) per common share for the three months ended September 30, 2025 excluded 1,291 potential common share equivalents of our convertible securities, as their inclusion would be antidilutive. There were no antidilutive potential common share equivalents for the nine months ended September 30, 2025.
(Amounts in thousands, except per unit amounts)For the Three Months Ended September 30,For the Nine Months Ended September 30,
2025202420252024
Numerator:
Net income (loss) attributable to Vornado Realty L.P.$28,151 $(5,316)$962,616 $54,382 
Preferred unit distributions(15,555)(15,557)(46,664)(46,672)
Net income (loss) attributable to Class A unitholders12,596 (20,873)915,952 7,710 
Distributions and earnings allocated to unvested participating securities(175)— (12,792)(99)
Numerator for basic income (loss) per Class A unit12,421 (20,873)903,160 7,611 
Impact of assumed conversion of dilutive convertible securities— — 1,189 — 
Numerator for diluted income (loss) per Class A unit$12,421 $(20,873)$904,349 $7,611 
Denominator:
Denominator for basic income (loss) per Class A unit - weighted average units205,846 205,025 205,806 204,953 
Effect of dilutive securities(1):
Unit-based payment awards8,100 — 8,000 4,980 
Convertible securities— — 1,294 — 
Denominator for diluted income (loss) per Class A unit - weighted average units and assumed conversions213,946 205,025 215,100 209,933 
 INCOME (LOSS) PER CLASS A UNIT:
Basic$0.06 $(0.10)$4.39 $0.04 
Diluted$0.06 $(0.10)$4.20 $0.04 
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(1)The calculation of diluted income (loss) per Class A unit for the three months ended September 30, 2025 excluded 1,291 potential Class A unit equivalents of our convertible securities, as their inclusion would be antidilutive. There were no antidilutive potential Class A unit equivalents for the nine months ended September 30, 2025.