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Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
REVENUES:    
Property rentals $ 500,274us-gaap_OperatingLeasesIncomeStatementLeaseRevenue $ 467,140us-gaap_OperatingLeasesIncomeStatementLeaseRevenue
Tenant expense reimbursements 66,921us-gaap_TenantReimbursements 59,301us-gaap_TenantReimbursements
Fee and other income 39,607vrlp_FeeAndOtherIncome 35,940vrlp_FeeAndOtherIncome
Total revenues 606,802us-gaap_RealEstateRevenueNet 562,381us-gaap_RealEstateRevenueNet
EXPENSES:    
Operating 254,493us-gaap_OperatingCostsAndExpenses 236,561us-gaap_OperatingCostsAndExpenses
Depreciation and amortization 124,122us-gaap_DepreciationAndAmortization 131,792us-gaap_DepreciationAndAmortization
General and administrative 58,492us-gaap_GeneralAndAdministrativeExpense 47,502us-gaap_GeneralAndAdministrativeExpense
Acquisition and transaction related costs 1,981vrlp_ImpairmentAndOtherLosses 1,285vrlp_ImpairmentAndOtherLosses
Total expenses 439,088us-gaap_OperatingExpenses 417,140us-gaap_OperatingExpenses
Operating income 167,714us-gaap_OperatingIncomeLoss 145,241us-gaap_OperatingIncomeLoss
(Loss) income from partially owned entities (2,405)us-gaap_IncomeLossFromEquityMethodInvestments 1,979us-gaap_IncomeLossFromEquityMethodInvestments
Income from real estate fund investments 24,089vrlp_IncomeFromRealEstateFund 18,148vrlp_IncomeFromRealEstateFund
Interest and other investment income, net 10,792vrlp_InterestAndOtherInvestmentLossIncomeNet 11,850vrlp_InterestAndOtherInvestmentLossIncomeNet
Interest and debt expense (91,674)us-gaap_InterestAndDebtExpense (96,312)us-gaap_InterestAndDebtExpense
Net gain on disposition of wholly owned and partially owned assets 1,860us-gaap_GainLossOnSaleOfOtherAssets 9,635us-gaap_GainLossOnSaleOfOtherAssets
Income before income taxes 110,376us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 90,541us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense (971)us-gaap_IncomeTaxExpenseBenefit (851)us-gaap_IncomeTaxExpenseBenefit
Income from continuing operations 109,405us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest 89,690us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
Income from discontinued operations 15,841us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax 8,466us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax
Net income 125,246us-gaap_ProfitLoss 98,156us-gaap_ProfitLoss
Less net income attributable to noncontrolling interests in consolidated subsidiaries (15,882)us-gaap_NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable (11,579)us-gaap_NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable
Net income attributable to Vornado Realty L.P. 109,364us-gaap_NetIncomeLoss 86,577us-gaap_NetIncomeLoss
Preferred unit distributions (19,496)us-gaap_PreferredStockDividendsIncomeStatementImpact (20,380)us-gaap_PreferredStockDividendsIncomeStatementImpact
NET INCOME attributable to Class A unitholders $ 89,868us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 66,197us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
INCOME PER CLASS A UNIT - BASIC:    
Income from continuing operations, net (in dollars per unit) $ 0.37us-gaap_IncomeLossFromContinuingOperationsPerOutstandingLimitedPartnershipUnitBasicNetOfTax $ 0.29us-gaap_IncomeLossFromContinuingOperationsPerOutstandingLimitedPartnershipUnitBasicNetOfTax
Income from discontinued operations, net (in dollars per unit) $ 0.08us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerOutstandingLimitedPartnershipUnitBasic $ 0.04us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerOutstandingLimitedPartnershipUnitBasic
Net income per Class A unit (in dollars per unit) $ 0.45us-gaap_NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax $ 0.33us-gaap_NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax
Weighted average units outstanding (in shares) 198,675us-gaap_WeightedAverageLimitedPartnershipUnitsOutstanding 197,917us-gaap_WeightedAverageLimitedPartnershipUnitsOutstanding
INCOME PER CLASS A UNIT - DILUTED:    
Income from continuing operations, net (in dollars per unit) $ 0.36us-gaap_IncomeLossFromContinuingOperationsNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted $ 0.29us-gaap_IncomeLossFromContinuingOperationsNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted
Income from discontinued operations, net (in dollars per unit) $ 0.08us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted1 $ 0.04us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted1
Net income per Class A unit (in dollars per unit) $ 0.44us-gaap_NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted $ 0.33us-gaap_NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted
Weighted average units outstanding (in shares) 200,749us-gaap_WeightedAverageLimitedPartnershipUnitsOutstandingDiluted 199,354us-gaap_WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
DISTRIBUTIONS PER CLASS A UNIT (in dollars per unit) $ 0.63us-gaap_DistributionsPerLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasic $ 0.73us-gaap_DistributionsPerLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasic