Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Real estate, at cost:
Land	$ 44,971	$ 44,971
Buildings and leasehold improvements	981,617	975,015
Development and construction in progress	3,597	9,486
Total	1,030,185	1,029,472
Accumulated depreciation and amortization	(232,622)	(225,533)
Real estate, net	797,563	803,939
Cash and cash equivalents	276,234	259,349
Restricted cash	83,641	85,307
Marketable securities	42,414	43,191
Tenant and other receivables, net of allowance for doubtful accounts of $1,002 and $918, respectively	3,309	4,014
Receivable arising from the straight-lining of rents	181,401	181,357
Deferred leasing costs, net, including unamortized leasing fees to Vornado of $38,942 and $33,482, respectively	51,067	45,840
Other assets	12,808	24,811
Total assets	1,448,437	1,447,808
LIABILITIES AND EQUITY
Mortgages payable, net of deferred debt issuance costs	1,053,051	1,053,262
Amounts due to Vornado	474	8,551
Accounts payable and accrued expenses	38,276	30,158
Other liabilities	2,950	2,957
Total liabilities	$ 1,094,751	$ 1,094,928
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	5,173	5,173
Additional capital	30,739	30,739
Retained earnings	305,907	304,340
Accumulated other comprehensive income	12,241	13,002
Equity before treasury stock	354,060	353,254
Treasury stock: 67,254 shares, at cost	(374)	(374)
Total equity	353,686	352,880
Total liabilities and equity	$ 1,448,437	$ 1,447,808