Income Per Class A Unit (Tables)

6 Months Ended

Jun. 30, 2015

Income Per Class A Unit [Abstract]

Schedule Of Earnings Per Class A Unit Basic And Diluted

(Amounts in thousands, except per unit amounts)			For the Three Months Ended				For the Six Months Ended
			June 30,				June 30,
			2015		2014		2015		2014
Numerator:
	Income from continuing operations, net of income attributable
		to noncontrolling interests	$	196,988	$	74,769	$	290,511	$	152,880
	(Loss) income from discontinued operations, net of income
		attributable to noncontrolling interests		(774)		26,943		15,067		35,409
	Net income attributable to Vornado Realty L.P.			196,214		101,712		305,578		188,289
	Preferred unit distributions			(20,414)		(20,379)		(39,910)		(40,759)
	Net income attributable to Class A unitholders			175,800		81,333		265,668		147,530
	Earnings allocated to unvested participating securities			(1,183)		(769)		(1,781)		(1,667)
	Numerator for basic income per Class A unit			174,617		80,564		263,887		145,863
	Impact of assumed conversions:
		Convertible preferred unit distributions		23		-		47		-
	Numerator for diluted income per Class A unit		$	174,640	$	80,564	$	263,934	$	145,863
Denominator:
	Denominator for basic income per Class A unit – weighted
		average units		199,038		198,232		198,857		198,075
	Effect of dilutive securities(1):
		Vornado stock options and restricted unit awards		1,750		1,514		1,930		1,475
		Convertible preferred units		45		-		46		-
	Denominator for diluted income per Class A unit – weighted
		average units and assumed conversions		200,833		199,746		200,833		199,550
INCOME PER CLASS A UNIT – BASIC:
	Income from continuing operations, net		$	0.88	$	0.27	$	1.25	$	0.56
	Income from discontinued operations, net			0.00		0.14		0.08		0.18
	Net income per Class A unit		$	0.88	$	0.41	$	1.33	$	0.74
INCOME PER CLASS A UNIT – DILUTED:
	Income from continuing operations, net		$	0.87	$	0.27	$	1.24	$	0.55
	Income from discontinued operations, net			0.00		0.13		0.07		0.18
	Net income per Class A unit		$	0.87	$	0.40	$	1.31	$	0.73
(1)	The effect of dilutive securities for the three months ended June 30, 2015 and 2014 excludes an aggregate of 148 and 159 weighted average Class A unit equivalents, respectively, and 151 and 184 weighted average Class A unit equivalents for the six months ended June 30, 2015 and 2014, respectively, as their effect was anti-dilutive.