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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Real estate, at cost:    
Land $ 44,971 $ 44,971
Buildings and leasehold improvements 981,136 978,474
Development and construction in progress 9,414 4,246
Total 1,035,521 1,027,691
Accumulated depreciation and amortization (317,751) (297,421)
Real estate, net 717,770 730,270
Cash and cash equivalents 304,229 283,056
Restricted cash 9,548 6,439
Marketable securities 16,909 23,166
Tenant and other receivables 5,624 4,075
Receivable arising from the straight-lining of rents 166,839 168,789
Deferred leasing costs, net, including unamortized leasing fees to Vornado of $32,591 and $31,039, respectively 41,583 40,669
Other assets 20,881 29,085
Total assets 1,283,383 1,285,549
LIABILITIES AND EQUITY    
Mortgages payable, net of deferred debt issuance costs 969,673 965,826
Amounts due to Vornado 4,638 708
Accounts payable and accrued expenses 38,973 30,889
Other liabilities 8,008 3,034
Total liabilities 1,021,292 1,000,457
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, 5,107,290 shares 5,173 5,173
Additional capital 32,365 31,971
Retained earnings 224,994 248,443
Accumulated other comprehensive loss (73) (127)
Equity before treasury stock 262,459 285,460
Treasury stock: 66,160 shares, at cost (368) (368)
Total equity 262,091 285,092
Total liabilities and equity $ 1,283,383 $ 1,285,549