Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Real estate, at cost:
Land	$ 44,971	$ 44,971
Buildings and leasehold improvements	982,230	975,015
Development and construction in progress	3,169	9,486
Total	1,030,370	1,029,472
Accumulated depreciation and amortization	(239,047)	(225,533)
Real estate, net	791,323	803,939
Cash and cash equivalents	235,753	259,349
Restricted cash	87,888	85,307
Marketable securities	45,706	43,191
Tenant and other receivables, net of allowance for doubtful accounts of $1,044 and $918, respectively	2,519	4,014
Receivable arising from the straight-lining of rents	180,447	181,357
Deferred leasing costs, net, including unamortized leasing fees to Vornado of $38,658 and $33,482, respectively	50,538	45,840
Other assets	51,661	24,811
Total assets	1,445,835	1,447,808
LIABILITIES AND EQUITY
Mortgages payable, net of deferred debt issuance costs	1,052,840	1,053,262
Amounts due to Vornado	1,223	8,551
Accounts payable and accrued expenses	30,061	30,158
Other liabilities	2,942	2,957
Total liabilities	1,087,066	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	31,189	30,739
Retained earnings	307,221	304,340
Accumulated other comprehensive income	15,560	13,002
Equity before treasury stock	359,143	353,254
Treasury stock: 67,254 shares, at cost	(374)	(374)
Total equity	358,769	352,880
Total liabilities and equity	$ 1,445,835	$ 1,447,808