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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Real estate, at cost:    
Land $ 44,971 $ 44,971
Buildings and leasehold improvements 867,943 864,609
Development and construction in progress 3,410 2,212
Total 916,324 911,792
Accumulated depreciation and amortization (173,068) (160,826)
Real estate, net 743,256 750,966
Cash and cash equivalents 331,873 353,396
Restricted cash 88,964 90,395
Marketable securities 32,635 31,206
Tenant and other receivables, net of allowance for doubtful accounts of $2,125 and $2,219, respectively 2,301 1,953
Receivable arising from the straight-lining of rents 175,904 173,694
Deferred lease and other property costs, net, including unamortized leasing fees to Vornado of $38,435 and $39,910, respectively 52,482 54,461
Deferred debt issuance costs, net of accumulated amortization of $18,002 and $16,834, respectively 4,429 5,522
Other assets 37,728 20,217
Total assets 1,469,572 1,481,810
Liabilities and Equity    
Mortgages payable 1,058,028 1,065,916
Amounts due to Vornado 44,883 46,445
Accounts payable and accrued expenses 29,835 33,621
Other liabilities 3,643 3,675
Total liabilities 1,136,389 1,149,657
Commitments and contingencies      
Preferred stock: $1.00 par value per share; authorized, 3,000,000 shares; issued and outstanding, none 0 0
Common stock: $1.00 par value per share; authorized, 10,000,000 shares; issued, 5,173,450 shares; outstanding, 5,106,196 shares and 5,105,936 shares, respectively 5,173 5,173
Additional capital 29,745 29,352
Retained earnings 296,004 296,797
Accumulated other comprehensive income 2,635 1,206
Equity before treasury stock 333,557 332,528
Treasury stock: 67,254 shares and 67,514 shares, respectively, at cost (374) (375)
Total equity 333,183 332,153
Total liabilities and equity $ 1,469,572 $ 1,481,810