Consolidated Statements of Income (USD $) In Thousands, except Share data, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
REVENUES
Property rentals	$ 34,046	$ 33,670	$ 68,182	$ 67,841
Expense reimbursements	15,937	13,632	31,269	28,236
Total revenues	49,983	47,302	99,451	96,077
EXPENSES
Operating, including fees to Vornado of $1,057, $1,002, $2,146 and $1,984, respectively	17,150	14,550	33,640	30,157
Depreciation and amortization	7,280	7,235	14,541	14,458
General and administrative, including management fees to Vornado of $595 and $1,190 in each three and six month period	1,558	1,622	2,745	2,639
Total expenses	25,988	23,407	50,926	47,254
OPERATING INCOME	23,995	23,895	48,525	48,823
Interest and other income, net	425	388	826	773
Interest and debt expense	(7,590)	(11,140)	(17,274)	(22,288)
Income before income taxes	16,830	13,143	32,077	27,308
Income tax expense	(2)	(4)	(5)	(7)
Net income	$ 16,828	$ 13,139	$ 32,072	$ 27,301
Income per common share- basic and diluted:
Net income per common share- basic and diluted (in dollars per share)	$ 3.29	$ 2.57	$ 6.28	$ 5.34
Weighted average shares outstanding - basic and diluted (in shares)	5,110,369	5,108,745	5,110,045	5,108,383
Dividends per common share (in dollars per share)	$ 3.25	$ 2.75	$ 6.50	$ 5.50