XML 40 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Income (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
REVENUES    
Property rentals $ 34,171 $ 33,773
Expense reimbursements 14,604 13,528
Total revenues 48,775 47,301
EXPENSES    
Operating, including fees to Vornado of $982 and $1,032, respectively 15,554 14,541
Depreciation and amortization 7,223 7,183
General and administrative, including management fees to Vornado of $595 and $540, respectively 1,073 1,106
Total expenses 23,850 22,830
OPERATING INCOME 24,925 24,471
Interest and other income, net 385 34
Interest and debt expense (11,148) (11,473)
Income from continuing operations 14,162 13,032
Income from discontinued operations 0 6,392
Net income 14,162 19,424
Net loss attributable to the noncontrolling interest 0 58
Net income attributable to Alexander's $ 14,162 $ 19,482
Income per common share - basic and diluted:    
Income from continuing operations (in dollars per share) $ 2.77 $ 2.55
Income from discontinued operations, net (in dollars per share) $ 0 $ 1.26
Net income per common share (in dollars per share) $ 2.77 $ 3.81
Weighted average shares outstanding (in shares) 5,108,016 5,106,984
Dividends per common share $ 2.75 $ 3.75