Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Real estate, at cost:
Land	$ 44,971	$ 44,971
Buildings and leasehold improvements	985,800	975,015
Development and construction in progress	2,780	9,486
Total	1,033,551	1,029,472
Accumulated depreciation and amortization	(252,737)	(225,533)
Real estate, net	780,814	803,939
Cash and cash equivalents	288,926	259,349
Restricted cash	85,752	85,307
Marketable securities	37,918	43,191
Tenant and other receivables, net of allowance for doubtful accounts of $1,473 and $918, respectively	3,056	4,014
Receivable arising from the straight-lining of rents	179,010	181,357
Deferred lease and other property costs, net, including unamortized leasing fees to Vornado of $36,960 and $33,482, respectively	48,387	45,840
Other assets	27,367	24,811
Total assets	1,451,230	1,447,808
LIABILITIES AND EQUITY
Mortgages payable, net of deferred debt issuance costs	1,052,359	1,053,262
Amounts due to Vornado	897	8,551
Accounts payable and accrued expenses	42,200	30,158
Other liabilities	2,929	2,957
Total liabilities	1,098,385	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	308,995	304,340
Accumulated other comprehensive income	7,862	13,002
Equity before treasury stock	353,219	353,254
Treasury stock: 67,254 shares, at cost	(374)	(374)
Total equity	352,845	352,880
Total liabilities and equity	$ 1,451,230	$ 1,447,808