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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 27,301 $ 38,662
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization, including amortization of debt issuance costs 15,660 18,970
Straight-lining of rental income (2,210) (2,664)
Stock-based compensation expense 394 300
Change in operating assets and liabilities:    
Tenant and other receivables, net (348) 351
Other assets (17,772) (24,935)
Amounts due to Vornado (1,562) (860)
Accounts payable and accrued expenses (5,099) (577)
Other liabilities (32) (1)
Net cash provided by operating activities 16,332 29,246
CASH FLOWS FROM INVESTING ACTIVITIES    
Construction in progress and real estate additions (3,219) (5,128)
Restricted cash 1,431 (855)
Proceeds from maturing short-term investments 0 5,000
Net cash used in investing activities (1,788) (983)
CASH FLOWS FROM FINANCING ACTIVITIES    
Dividends paid (28,094) (38,303)
Debt repayments (7,888) (7,400)
Debt issuance costs (85) (400)
Net cash used in financing activities (36,067) (46,103)
Net decrease in cash and cash equivalents (21,523) (17,840)
Cash and cash equivalents at beginning of period 353,396 506,619
Cash and cash equivalents at end of period 331,873 488,779
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Cash payments for interest 21,107 23,967
NON-CASH TRANSACTIONS    
Non-cash additions to real estate included in accounts payable and accrued expenses 2,284 1,349
Change in unrealized net gain on available-for-sale securities 1,429 0
Write-off of fully amortized and depreciated assets $ 0 $ 624