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Stock-based Compensation
6 Months Ended
Jun. 30, 2011
Stock-based Compensation [Abstract]  
Stock-based Compensation

13.       Stock-based Compensation

       

Vornado's Omnibus Share Plan (the “Plan”) provides for grants of incentive and non-qualified Vornado stock options, Vornado restricted stock, restricted units and out-performance plan rewards to certain of Vornado's employees and officers. We account for all stock-based compensation in accordance ASC 718, Compensation – Stock Compensation. Stock-based compensation expense for the three months ended June 30, 2011 and 2010 consists of Vornado stock option awards, Vornado restricted stock awards, unit awards and out-performance plan awards. Stock-based compensation expense was $6,919,000 and $8,480,000 in the three months ended June 30, 2011 and 2010, respectively, and $14,065,000 and $14,957,000 in the six months ended June 30, 2011 and 2010, respectively.