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Consolidated Statements of Income (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
REVENUES      
Property rentals $ 174,634 $ 166,403 $ 155,275
Expense reimbursements 79,618 74,947 68,254
Total revenues 254,252 241,350 223,529
EXPENSES      
Operating (including fees to Vornado of $5,488, $5,182, and $4,948, respectively) 84,936 78,652 73,340
Depreciation and amortization 34,031 31,343 27,284
General and administrative (including a reversal of stock appreciation rights ("SARs") expense of $34,275 in 2009, and management fees to Vornado of $2,160 in each year) 4,357 7,792 (28,246)
Total expenses 123,324 117,787 72,378
OPERATING INCOME 130,928 123,563 151,151
Interest and other income, net 2,672 851 2,847
Interest and debt expense (52,659) (58,372) (57,473)
Net loss on early extinguishment of debt 0 (1,238) (519)
Income before income taxes 80,941 64,804 96,006
Income tax benefit 105 2,641 36,935
Net income 81,046 67,445 132,941
Net income attributable to the noncontrolling interest (1,623) (1,016) (751)
Net income attributable to Alexander's $ 79,423 $ 66,429 $ 132,190
Net income per common share - basic      
Net income per common share - basic $ 15.55 $ 13.01 $ 25.90
Weighted average shares - basic 5,106,568 5,105,936 5,103,790
Net income per common share - diluted      
Net income per common share - diluted $ 15.55 $ 13.01 $ 25.89
Weighted average shares - diluted 5,106,568 5,105,936 5,105,370
Dividends per common share $ 12.00 $ 7.50 $ 0