0000003499-20-000005.txt : 20200218 0000003499-20-000005.hdr.sgml : 20200218 20200218082036 ACCESSION NUMBER: 0000003499-20-000005 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 87 CONFORMED PERIOD OF REPORT: 20191231 FILED AS OF DATE: 20200218 DATE AS OF CHANGE: 20200218 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ALEXANDERS INC CENTRAL INDEX KEY: 0000003499 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 510100517 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-06064 FILM NUMBER: 20623584 BUSINESS ADDRESS: STREET 1: 210 ROUTE 4 EAST CITY: PARAMUS STATE: NJ ZIP: 07652 BUSINESS PHONE: 201-587-8541 MAIL ADDRESS: STREET 1: 210 ROUTE 4 EAST CITY: PARAMUS STATE: NJ ZIP: 07652 10-K 1 alx10-k123119.htm 10-K Document
2027-12-011700000000.0300000000210001250001800019753103900032374000false--12-31FY201900000034999212000143620000017181811100000001000000051734505173450510729051072904671000470000053860000.0090.0140.0135LIBORLIBORLIBOR2021-10-012024-06-012022-08-012025-12-012021-10-0138750004.655352657460007460002031-01-01falsefalsefalse19570800011300000030000000000P40YP3YP39YP39YP39YP15YP3YP9YP3YP5Y237970002380000238000023800006616066160 0000003499 2019-01-01 2019-12-31 0000003499 2019-06-30 0000003499 2020-01-31 0000003499 2019-12-31 0000003499 2018-12-31 0000003499 2018-01-01 2018-12-31 0000003499 2017-01-01 2017-12-31 0000003499 us-gaap:AdditionalPaidInCapitalMember 2017-01-01 2017-12-31 0000003499 us-gaap:AdditionalPaidInCapitalMember 2019-12-31 0000003499 2016-12-31 0000003499 us-gaap:CommonStockMember 2017-12-31 0000003499 us-gaap:CommonStockMember 2016-12-31 0000003499 us-gaap:RetainedEarningsMember 2017-01-01 2017-12-31 0000003499 us-gaap:CommonStockMember 2018-12-31 0000003499 us-gaap:RetainedEarningsMember 2018-01-01 2018-12-31 0000003499 us-gaap:RetainedEarningsMember 2019-01-01 2019-12-31 0000003499 us-gaap:TreasuryStockMember 2018-12-31 0000003499 us-gaap:AdditionalPaidInCapitalMember 2018-01-01 2018-12-31 0000003499 us-gaap:RetainedEarningsMember 2019-12-31 0000003499 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2017-12-31 0000003499 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-12-31 0000003499 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2017-01-01 2017-12-31 0000003499 us-gaap:AdditionalPaidInCapitalMember 2016-12-31 0000003499 us-gaap:TreasuryStockMember 2016-12-31 0000003499 us-gaap:CommonStockMember 2019-12-31 0000003499 us-gaap:RetainedEarningsMember 2016-12-31 0000003499 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-01-01 2018-12-31 0000003499 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2016-12-31 0000003499 us-gaap:RetainedEarningsMember 2017-12-31 0000003499 us-gaap:AdditionalPaidInCapitalMember 2017-12-31 0000003499 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-01-01 2019-12-31 0000003499 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-12-31 0000003499 us-gaap:AdditionalPaidInCapitalMember 2018-12-31 0000003499 us-gaap:TreasuryStockMember 2017-01-01 2017-12-31 0000003499 us-gaap:AdditionalPaidInCapitalMember 2019-01-01 2019-12-31 0000003499 us-gaap:TreasuryStockMember 2017-12-31 0000003499 us-gaap:TreasuryStockMember 2019-12-31 0000003499 2017-12-31 0000003499 us-gaap:RetainedEarningsMember 2018-12-31 0000003499 srt:AffiliatedEntityMember 2017-01-01 2017-12-31 0000003499 srt:AffiliatedEntityMember 2018-01-01 2018-12-31 0000003499 srt:AffiliatedEntityMember 2019-01-01 2019-12-31 0000003499 alx:TenantOccupantMember alx:ContainerStoreMember srt:RetailSiteMember alx:LexingtonAvenuePropertyMember alx:OperatingPropertyMember 2019-12-31 0000003499 alx:RegoPark1PropertyMember alx:OperatingPropertyMember 2019-12-31 0000003499 alx:AnchorMember alx:RegoPark2PropertyMember 2019-12-31 0000003499 alx:LexingtonAvenuePropertyMember alx:OperatingPropertyMember 2019-12-31 0000003499 alx:SearsMember alx:RegoPark1PropertyMember 2017-01-01 2017-12-31 0000003499 srt:RetailSiteMember alx:LexingtonAvenuePropertyMember alx:OperatingPropertyMember 2019-12-31 0000003499 srt:ApartmentBuildingMember alx:LexingtonAvenuePropertyMember alx:OperatingPropertyMember 2019-12-31 0000003499 alx:AnchorMember alx:TenantOccupantMember alx:KohlsMember alx:RegoPark2PropertyMember alx:OperatingPropertyMember 2019-12-31 0000003499 alx:RegoPark3PropertyMember alx:PropertiesToBeDevelopedMember 2019-12-31 0000003499 alx:AlexanderApartmentTowerMember alx:OperatingPropertyMember 2019-12-31 0000003499 alx:AnchorMember alx:TenantOccupantMember alx:BurlingtonCoatFactoryMember alx:RegoPark1PropertyMember alx:OperatingPropertyMember 2019-12-31 0000003499 alx:AnchorMember alx:TenantOccupantMember alx:CostcoMember alx:RegoPark2PropertyMember alx:OperatingPropertyMember 2019-12-31 0000003499 alx:AnchorMember alx:TenantOccupantMember alx:Century21Member alx:RegoPark2PropertyMember alx:OperatingPropertyMember 2019-12-31 0000003499 alx:AnchorMember alx:TenantOccupantMember alx:MarshallsMember alx:RegoPark1PropertyMember alx:OperatingPropertyMember 2019-12-31 0000003499 srt:OfficeBuildingMember alx:LexingtonAvenuePropertyMember alx:OperatingPropertyMember 2019-12-31 0000003499 alx:TenantOccupantMember alx:HomeDepotMember srt:RetailSiteMember alx:LexingtonAvenuePropertyMember alx:OperatingPropertyMember 2019-12-31 0000003499 alx:AnchorMember alx:TenantOccupantMember alx:BedBathBeyondMember alx:RegoPark1PropertyMember alx:OperatingPropertyMember 2019-12-31 0000003499 alx:AnchorMember alx:TenantOccupantMember alx:IkeaMember alx:RegoPark1PropertyMember alx:OperatingPropertyMember 2019-09-23 0000003499 alx:AnchorMember alx:TenantOccupantMember alx:SearsMember alx:RegoPark1PropertyMember alx:OperatingPropertyMember 2019-12-31 0000003499 alx:FlushingPropertyMember alx:OperatingPropertyMember 2019-12-31 0000003499 alx:TenantOccupantMember alx:IkeaMember alx:ParamusPropertyMember alx:OperatingPropertyMember 2019-12-31 0000003499 alx:KohlsMember alx:RegoPark2PropertyMember 2019-01-01 2019-12-31 0000003499 srt:RestatementAdjustmentMember 2018-01-01 2018-12-31 0000003499 srt:RestatementAdjustmentMember alx:RestatementToReclassifyRegoParkIIAsAReductionToMortagePayableNetOfDeferredDebtIssuanceCostsMember 2018-12-31 0000003499 alx:LongTermCapitalGainMember 2017-01-01 2017-12-31 0000003499 srt:ScenarioPreviouslyReportedMember 2018-12-31 0000003499 alx:OrdinaryIncomeMember 2017-01-01 2017-12-31 0000003499 alx:OrdinaryIncomeMember 2019-01-01 2019-12-31 0000003499 us-gaap:AccountingStandardsUpdate201602Member 2019-01-01 0000003499 srt:RestatementAdjustmentMember 2017-01-01 2017-12-31 0000003499 alx:OrdinaryIncomeMember 2018-01-01 2018-12-31 0000003499 alx:LongTermCapitalGainMember 2019-01-01 2019-12-31 0000003499 srt:MinimumMember 2019-01-01 2019-12-31 0000003499 alx:DirectServicesMember 2019-01-01 2019-12-31 0000003499 alx:DirectServicesMember 2017-01-01 2017-12-31 0000003499 us-gaap:ParkingMember 2018-01-01 2018-12-31 0000003499 us-gaap:ParkingMember 2019-01-01 2019-12-31 0000003499 us-gaap:ParkingMember 2017-01-01 2017-12-31 0000003499 alx:DirectServicesMember 2018-01-01 2018-12-31 0000003499 alx:CompanyManagementFeesMember srt:AffiliatedEntityMember 2017-01-01 2017-12-31 0000003499 alx:PropertyManagementFeesMember srt:AffiliatedEntityMember 2018-01-01 2018-12-31 0000003499 alx:DevelopmentFeesMember srt:AffiliatedEntityMember 2018-01-01 2018-12-31 0000003499 alx:PropertyManagementFeesMember srt:AffiliatedEntityMember 2019-01-01 2019-12-31 0000003499 alx:CompanyManagementFeesMember srt:AffiliatedEntityMember 2019-01-01 2019-12-31 0000003499 alx:LeasingFeesMember srt:AffiliatedEntityMember 2019-01-01 2019-12-31 0000003499 alx:DevelopmentFeesMember srt:AffiliatedEntityMember 2019-01-01 2019-12-31 0000003499 alx:CompanyManagementFeesMember srt:AffiliatedEntityMember 2018-01-01 2018-12-31 0000003499 alx:PropertyManagementFeesMember srt:AffiliatedEntityMember 2017-01-01 2017-12-31 0000003499 alx:LeasingFeesMember srt:AffiliatedEntityMember 2017-01-01 2017-12-31 0000003499 alx:LeasingFeesMember srt:AffiliatedEntityMember 2018-01-01 2018-12-31 0000003499 alx:DevelopmentFeesMember srt:AffiliatedEntityMember 2017-01-01 2017-12-31 0000003499 alx:VornadoMember alx:AlexandersInc.Member srt:AffiliatedEntityMember 2019-12-31 0000003499 alx:ToysRUsMember srt:RetailSiteMember alx:RegoPark2PropertyMember 2018-06-30 0000003499 alx:ManagementAndPartnersMember 2019-12-31 0000003499 alx:CommonAreaMember alx:LexingtonAvenuePropertyMember alx:PropertyManagementFeesMember srt:AffiliatedEntityMember 2019-01-01 2019-12-31 0000003499 alx:LeasingFeesMember srt:AffiliatedEntityMember 2019-12-31 0000003499 alx:ToysRUsMember srt:RetailSiteMember alx:RegoPark2PropertyMember 2018-01-01 2018-12-31 0000003499 alx:RegoPark2PropertyMember alx:PropertyManagementFeesMember srt:AffiliatedEntityMember 2019-01-01 2019-12-31 0000003499 alx:DevelopmentFeesMember srt:AffiliatedEntityMember 2018-12-31 0000003499 alx:LexingtonAvenuePropertyMember alx:PropertyManagementFeesMember srt:AffiliatedEntityMember 2019-01-01 2019-12-31 0000003499 alx:LeasingFeesMember srt:AffiliatedEntityMember 2018-12-31 0000003499 alx:ToysRUsMember srt:AffiliatedEntityMember 2018-12-31 0000003499 alx:VornadoMember alx:AlexandersInc.Member alx:ManagementAndPartnersThroughRelatedPartyMember 2019-12-31 0000003499 alx:DevelopmentFeesMember srt:AffiliatedEntityMember 2019-12-31 0000003499 alx:ManagementPropertyManagementCleaningEngineeringAndSecurityFeesMember srt:AffiliatedEntityMember 2019-12-31 0000003499 alx:ManagementPropertyManagementCleaningEngineeringAndSecurityFeesMember srt:AffiliatedEntityMember 2018-12-31 0000003499 alx:MacerichMember 2018-12-31 0000003499 alx:MacerichMember 2019-12-31 0000003499 2018-01-01 2018-03-31 0000003499 us-gaap:MortgagesMember 2018-12-31 0000003499 srt:RetailSiteMember alx:RegoPark2PropertyMember us-gaap:MortgagesMember 2019-12-31 0000003499 srt:RetailSiteMember alx:LexingtonAvenuePropertyMember us-gaap:MortgagesMember 2018-12-31 0000003499 srt:OfficeBuildingMember alx:LexingtonAvenuePropertyMember us-gaap:MortgagesMember 2019-12-31 0000003499 srt:OfficeBuildingMember alx:LexingtonAvenuePropertyMember us-gaap:MortgagesMember 2018-12-31 0000003499 srt:RetailSiteMember alx:RegoPark2PropertyMember us-gaap:MortgagesMember 2018-12-31 0000003499 alx:ParamusPropertyMember us-gaap:MortgagesMember 2018-12-31 0000003499 srt:RetailSiteMember alx:LexingtonAvenuePropertyMember us-gaap:MortgagesMember 2019-12-31 0000003499 alx:ParamusPropertyMember us-gaap:MortgagesMember 2019-12-31 0000003499 us-gaap:MortgagesMember 2019-12-31 0000003499 alx:ParamusPropertyMember alx:MaturesinOctober2021Member 2018-10-03 0000003499 alx:RegoPark2PropertyMember alx:MaturesinDecember2025Member 2019-12-31 0000003499 srt:RetailSiteMember alx:RegoPark2PropertyMember alx:MaturesinDecember2025Member us-gaap:MortgagesMember 2019-12-31 0000003499 srt:RetailSiteMember alx:RegoPark2PropertyMember alx:MaturesinDecember2025Member us-gaap:MortgagesMember us-gaap:LondonInterbankOfferedRateLIBORMember 2018-12-12 2018-12-12 0000003499 srt:RetailSiteMember alx:RegoPark2PropertyMember alx:MaturesinDecember2025Member us-gaap:MortgagesMember 2018-12-12 0000003499 alx:RegoPark2PropertyMember us-gaap:SubsequentEventMember 2020-02-14 2020-02-14 0000003499 alx:RegoPark2PropertyMember us-gaap:SubsequentEventMember 2020-02-14 0000003499 alx:ParamusPropertyMember 2018-10-02 0000003499 srt:RetailSiteMember alx:LexingtonAvenuePropertyMember us-gaap:MortgagesMember 2019-01-01 2019-12-31 0000003499 alx:ParamusPropertyMember us-gaap:MortgagesMember 2019-01-01 2019-12-31 0000003499 srt:OfficeBuildingMember alx:LexingtonAvenuePropertyMember us-gaap:MortgagesMember 2019-01-01 2019-12-31 0000003499 srt:RetailSiteMember alx:RegoPark2PropertyMember us-gaap:MortgagesMember 2019-01-01 2019-12-31 0000003499 srt:RetailSiteMember alx:RegoPark2PropertyMember us-gaap:MortgagesMember us-gaap:LondonInterbankOfferedRateLIBORMember 2019-01-01 2019-12-31 0000003499 srt:OfficeBuildingMember alx:LexingtonAvenuePropertyMember us-gaap:MortgagesMember us-gaap:LondonInterbankOfferedRateLIBORMember 2019-01-01 2019-12-31 0000003499 alx:RegoPark2PropertyMember alx:ParticipationAgreementMember 2019-12-31 0000003499 srt:RetailSiteMember alx:LexingtonAvenuePropertyMember us-gaap:MortgagesMember us-gaap:LondonInterbankOfferedRateLIBORMember 2019-01-01 2019-12-31 0000003499 us-gaap:FairValueMeasurementsRecurringMember us-gaap:SecuritiesAssetsMember 2019-12-31 0000003499 us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:SecuritiesAssetsMember 2018-12-31 0000003499 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:SecuritiesAssetsMember 2019-12-31 0000003499 us-gaap:FairValueMeasurementsRecurringMember us-gaap:SecuritiesAssetsMember 2018-12-31 0000003499 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:SecuritiesAssetsMember 2019-12-31 0000003499 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:SecuritiesAssetsMember 2018-12-31 0000003499 us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:SecuritiesAssetsMember 2019-12-31 0000003499 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:SecuritiesAssetsMember 2018-12-31 0000003499 us-gaap:FairValueInputsLevel2Member us-gaap:EstimateOfFairValueFairValueDisclosureMember 2019-12-31 0000003499 us-gaap:CarryingReportedAmountFairValueDisclosureMember 2019-12-31 0000003499 us-gaap:CarryingReportedAmountFairValueDisclosureMember 2018-12-31 0000003499 us-gaap:FairValueInputsLevel2Member us-gaap:EstimateOfFairValueFairValueDisclosureMember 2018-12-31 0000003499 us-gaap:FairValueInputsLevel1Member us-gaap:EstimateOfFairValueFairValueDisclosureMember 2019-12-31 0000003499 us-gaap:FairValueInputsLevel1Member us-gaap:EstimateOfFairValueFairValueDisclosureMember 2018-12-31 0000003499 srt:MinimumMember alx:AlexanderApartmentTowerMember 2019-12-31 0000003499 us-gaap:AccountingStandardsUpdate201602Member 2019-01-01 2019-12-31 0000003499 alx:BloombergMember us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember 2017-01-01 2017-12-31 0000003499 srt:MaximumMember alx:AlexanderApartmentTowerMember 2019-12-31 0000003499 alx:BloombergMember alx:LexingtonAvenuePropertyMember 2019-06-28 0000003499 alx:BloombergMember us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember 2018-01-01 2018-12-31 0000003499 alx:BloombergMember us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember 2019-01-01 2019-12-31 0000003499 srt:MaximumMember 2019-12-31 0000003499 srt:MinimumMember 2019-12-31 0000003499 srt:DirectorMember 2019-05-16 2019-05-16 0000003499 srt:DirectorMember 2019-12-31 0000003499 alx:AllRiskPropertyAndRentalValueMember 2019-01-01 2019-12-31 0000003499 alx:IkeaMember alx:TenantOccupantMember alx:ParamusPropertyMember 2001-12-31 0000003499 alx:NbcrMember 2019-12-31 0000003499 alx:IkeaMember alx:TenantOccupantMember alx:ParamusPropertyMember srt:ScenarioForecastMember 2021-01-01 2021-12-31 0000003499 alx:SearsMember alx:RegoPark1PropertyMember alx:EstimatedFutureDamagesMember 2016-03-01 2016-03-31 0000003499 alx:SearsMember alx:RegoPark1PropertyMember 2017-04-04 0000003499 alx:TerrorismCoverageIncludingNbcrMember 2019-01-01 2019-12-31 0000003499 alx:SearsMember srt:MaximumMember alx:RegoPark1PropertyMember alx:EstimatedFutureDamagesMember 2019-12-31 0000003499 alx:IkeaMember alx:TenantOccupantMember alx:ParamusPropertyMember 2019-12-31 0000003499 alx:SearsMember srt:MinimumMember alx:RegoPark1PropertyMember alx:EstimatedFutureDamagesMember 2016-01-01 2016-12-31 0000003499 alx:SearsMember srt:MinimumMember alx:RegoPark1PropertyMember 2016-01-01 2016-12-31 0000003499 alx:IkeaMember alx:TenantOccupantMember alx:ParamusPropertyMember srt:ScenarioForecastMember 2021-12-31 0000003499 alx:SearsMember alx:RegoPark1PropertyMember 2014-02-01 2014-02-28 0000003499 alx:IkeaMember alx:TenantOccupantMember alx:ParamusPropertyMember 2019-01-01 2019-12-31 0000003499 alx:FiftyNinthStreetInsuranceCompanyLlcMember 2019-01-01 2019-12-31 0000003499 us-gaap:MultiemployerPlansPensionMember 2019-01-01 2019-12-31 0000003499 us-gaap:MultiemployerPlansPostretirementBenefitMember 2018-01-01 2018-12-31 0000003499 us-gaap:MultiemployerPlansPensionMember 2017-01-01 2017-12-31 0000003499 us-gaap:MultiemployerPlansPostretirementBenefitMember 2017-01-01 2017-12-31 0000003499 us-gaap:MultiemployerPlansPostretirementBenefitMember 2019-01-01 2019-12-31 0000003499 us-gaap:MultiemployerPlansPensionMember 2018-01-01 2018-12-31 0000003499 2019-01-01 2019-03-31 0000003499 2019-04-01 2019-06-30 0000003499 2018-07-01 2018-09-30 0000003499 2018-10-01 2018-12-31 0000003499 2018-04-01 2018-06-30 0000003499 2019-10-01 2019-12-31 0000003499 2019-07-01 2019-09-30 0000003499 alx:KingsPlazaRegionalShoppingCenterMember 2018-01-01 2018-03-31 0000003499 alx:RegoPark3PropertyMember stpr:NY 2019-12-31 0000003499 alx:LexingtonAvenuePropertyMember stpr:NY 2019-12-31 0000003499 alx:FlushingPropertyMember stpr:NY 2019-12-31 0000003499 alx:OtherPropertiesMember 2019-12-31 0000003499 alx:AlexanderApartmentTowerMember stpr:NY 2019-12-31 0000003499 alx:AlexanderApartmentTowerMember stpr:NY 2019-01-01 2019-12-31 0000003499 alx:LexingtonAvenuePropertyMember stpr:NY 2019-01-01 2019-12-31 0000003499 srt:RetailSiteMember alx:RegoPark2PropertyMember stpr:NY 2019-01-01 2019-12-31 0000003499 alx:RegoPark1PropertyMember stpr:NY 2019-01-01 2019-12-31 0000003499 srt:RetailSiteMember alx:RegoPark2PropertyMember stpr:NY 2019-12-31 0000003499 alx:ParamusPropertyMember stpr:NJ 2019-12-31 0000003499 alx:RegoPark1PropertyMember stpr:NY 2019-12-31 0000003499 alx:ParamusPropertyMember stpr:NJ 2019-01-01 2019-12-31 0000003499 alx:OtherPropertiesMember 2019-01-01 2019-12-31 0000003499 alx:FlushingPropertyMember stpr:NY 2019-01-01 2019-12-31 0000003499 alx:RegoPark3PropertyMember stpr:NY 2019-01-01 2019-12-31 0000003499 srt:MinimumMember alx:RegoPark1PropertyMember stpr:NY 2019-01-01 2019-12-31 0000003499 srt:RetailSiteMember srt:MaximumMember alx:RegoPark2PropertyMember stpr:NY 2019-01-01 2019-12-31 0000003499 srt:RetailSiteMember srt:MinimumMember alx:RegoPark2PropertyMember stpr:NY 2019-01-01 2019-12-31 0000003499 srt:MaximumMember alx:LexingtonAvenuePropertyMember stpr:NY 2019-01-01 2019-12-31 0000003499 srt:MinimumMember alx:RegoPark3PropertyMember stpr:NY 2019-01-01 2019-12-31 0000003499 srt:MaximumMember alx:RegoPark1PropertyMember stpr:NY 2019-01-01 2019-12-31 0000003499 srt:MinimumMember alx:AlexanderApartmentTowerMember stpr:NY 2019-01-01 2019-12-31 0000003499 srt:MinimumMember alx:LexingtonAvenuePropertyMember stpr:NY 2019-01-01 2019-12-31 0000003499 srt:MaximumMember alx:RegoPark3PropertyMember stpr:NY 2019-01-01 2019-12-31 0000003499 srt:MaximumMember alx:AlexanderApartmentTowerMember stpr:NY 2019-01-01 2019-12-31 0000003499 us-gaap:LandImprovementsMember 2019-01-01 2019-12-31 0000003499 us-gaap:ConstructionInProgressMember 2018-01-01 2018-12-31 0000003499 us-gaap:BuildingImprovementsMember 2017-01-01 2017-12-31 0000003499 us-gaap:ConstructionInProgressMember 2019-01-01 2019-12-31 0000003499 us-gaap:LandImprovementsMember 2017-01-01 2017-12-31 0000003499 us-gaap:BuildingImprovementsMember 2019-01-01 2019-12-31 0000003499 us-gaap:BuildingImprovementsMember 2018-01-01 2018-12-31 0000003499 us-gaap:LandImprovementsMember 2018-01-01 2018-12-31 0000003499 us-gaap:ConstructionInProgressMember 2017-01-01 2017-12-31 alx:property xbrli:pure utreg:acre utreg:sqft alx:option alx:segment alx:unit iso4217:USD xbrli:shares iso4217:USD utreg:sqft alx:condomium_unit alx:fire iso4217:USD xbrli:shares
 
 
 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-K
 
 
ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the Fiscal Year Ended:
December 31, 2019
 
OR
 
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the transition period from
to
 
Commission File Number:
001-06064
 
 
ALEXANDERS INC
 
 
(Exact name of registrant as specified in its charter)
 
 
 
Delaware
 
51-0100517
(State or other jurisdiction of incorporation or organization)
 
(IRS Employer Identification No.)
210 Route 4 East,
Paramus,
New Jersey
 
07652
(Address of principal executive offices)
 
(Zip Code)
 
 
 
 
 
 
 
Registrant’s telephone number, including area code
(201)
587-8541
 
Securities registered pursuant to Section 12(b) of the Act:

Title of each class
 
Trading Symbol(s)
 
Name of each exchange on which registered
Common Stock, $1 par value per share
 
ALX
 
New York Stock Exchange
 
Securities registered pursuant to Section 12(g) of the Act: NONE
Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.
Yes No ☐   
 
Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15 (d) of the Act.
Yes ☐  No
 
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
Yes No ☐   




Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (Section 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).  
Yes ☐  No 
 
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a
smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act. 
 
Large Accelerated Filer
Accelerated Filer
Non-Accelerated Filer
Smaller Reporting Company
 
 
Emerging Growth Company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
  
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes  No
 
The aggregate market value of the voting and non-voting shares of common stock held by non-affiliates of the registrant, (i.e., by persons other than officers and directors of Alexander’s, Inc.) was $785,470,000 at June 30, 2019.
 
 
As of January 31, 2020, there were 5,107,290 shares of the registrant’s common stock outstanding.  
DOCUMENTS INCORPORATED BY REFERENCE
Part III: Portions of the Proxy Statement for the Annual Meeting of Stockholders to be held on May 14, 2020.
 
 
 
 
 






INDEX
 
 
Item
 
Financial Information:
 
Page Number
 
 
 
 
 
 
 
Part I.
 
1.
 
Business
 
 
 
 
 
 
 
 
 
 
1A.
 
Risk Factors  
 
 
 
 
 
 
 
 
 
 
1B.
 
Unresolved Staff Comments  
 
 
 
 
 
 
 
 
 
 
2.
 
Properties  
 
 
 
 
 
 
 
 
 
 
3.
 
Legal Proceedings  
 
 
 
 
 
 
 
 
 
 
4.
 
Mine Safety Disclosures  
 
 
 
 
 
 
 
 
Part II.
 
5.
 
Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
 
 
 
 
 
 
 
 
 
 
6.
 
Selected Financial Data  
 
 
 
 
 
 
 
 
 
 
7.
 
Management’s Discussion and Analysis of Financial Condition and Results of Operations
 
 
 
 
 
 
 
 
 
 
7A.
 
Quantitative and Qualitative Disclosures about Market Risk
 
 
 
 
 
 
 
 
 
 
8.
 
Financial Statements and Supplementary Data
 
 
 
 
 
 
 
 
 
 
9.
 
Changes in and Disagreements With Accountants on Accounting and Financial Disclosure
 
 
 
 
 
 
 
 
 
 
9A.
 
Controls and Procedures
 
 
 
 
 
 
 
 
 
 
9B.
 
Other Information
 
 
 
 
 
 
 
 
Part III.
 
10.
 
Directors, Executive Officers and Corporate Governance(1)
 
 
 
 
 
 
 
 
 
 
11.
 
Executive Compensation(1)
 
 
 
 
 
 
 
 
 
 
12.
 
Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters(1)
  
 
 
 
 
 
 
 
 
 
 
13.
 
Certain Relationships and Related Transactions, and Director Independence(1)
 
 
 
 
 
 
 
 
 
 
14.
 
Principal Accounting Fees and Services(1)
 
 
 
 
 
 
 
 
Part IV.
 
15.
 
Exhibits, Financial Statement Schedules  
 
 
 
 
 
 
 
 
 
 
16.
 
Form 10-K Summary
 
 
 
 
 
 
 
 
Signatures
 
  
 
 
__________________________
 
(1)    These items are omitted in part or in whole because the registrant will file a definitive Proxy Statement pursuant to Regulation 14A under the Securities Exchange Act of 1934 with the Securities and Exchange Commission no later than 120 days after December 31, 2019, portions of which are incorporated by reference herein. 

3



FORWARD-LOOKING STATEMENTS
 
Certain statements contained herein constitute forward-looking statements as such term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.  Forward-looking statements are not guarantees of future performance.  They represent our intentions, plans, expectations and beliefs and are subject to numerous assumptions, risks and uncertainties.  Our future results, financial condition and business may differ materially from those expressed in these forward-looking statements.  You can find many of these statements by looking for words such as “approximates,” “believes,” “expects,” “anticipates,” “estimates,” “intends,” “plans,” “would,” “may” or other similar expressions in this Annual Report on Form 10‑K.  We also note the following forward-looking statements:  in the case of our development projects, the estimated completion date, estimated project costs and costs to complete; and estimates of dividends on shares of our common stock.  Many of the factors that will determine the outcome of these and our other forward-looking statements are beyond our ability to control or predict.  For a further discussion of factors that could materially affect the outcome of our forward-looking statements, see “Item 1A - Risk Factors” in this Annual Report on Form 10‑K. 
 
For these statements, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995.  You are cautioned not to place undue reliance on our forward-looking statements, which speak only as of the date of this Annual Report on Form 10-K or the date of any document incorporated by reference.  All subsequent written and oral forward-looking statements attributable to us or any person acting on our behalf are expressly qualified in their entirety by the cautionary statements contained or referred to in this section.  We do not undertake any obligation to release publicly, any revisions to our forward-looking statements to reflect events or circumstances occurring after the date of this Annual Report on Form 10-K.

4



PART I

ITEM 1.     BUSINESS
GENERAL
Alexander’s, Inc. (NYSE: ALX) is a real estate investment trust (“REIT”) incorporated in Delaware, engaged in leasing, managing, developing and redeveloping its properties.  All references to “we,” “us,” “our,” “Company” and “Alexander’s” refer to Alexander’s, Inc. and its consolidated subsidiaries.  We are managed by, and our properties are leased and developed by, Vornado Realty Trust (“Vornado”) (NYSE: VNO).
 
We have seven properties in the greater New York City metropolitan area consisting of:
 
Operating properties
731 Lexington Avenue, a 1,323,000 square foot multi-use building, comprising the entire block bounded by Lexington Avenue, East 59th Street, Third Avenue and East 58th Street in Manhattan.  The building contains 920,000 and 155,000 of net rentable square feet of office and retail space, respectively, which we own, and 248,000 square feet of residential space consisting of 105 condominium units, which we sold.  Bloomberg L.P. (“Bloomberg”) occupies all of the office space.  The Home Depot (83,000 square feet) and The Container Store (34,000 square feet) are the principal retail tenants;
 
Rego Park I, a 343,000 square foot shopping center, located on Queens Boulevard and 63rd Road in Queens. On April 4, 2017, Sears closed its 195,000 square foot anchor store at the property ($10,300,000 of annual revenue). On October 15, 2018, Sears filed for Chapter 11 bankruptcy relief and rejected its lease. On September 23, 2019, we leased 113,000 square feet at the property to IKEA Property, Inc. (“IKEA”), replacing a significant portion of the space formerly occupied by Sears. The center is also anchored by a 50,000 square foot Burlington, a 46,000 square foot Bed Bath & Beyond and a 36,000 square foot Marshalls;

Rego Park II, a 609,000 square foot shopping center, adjacent to the Rego Park I shopping center in Queens.  The center is anchored by a 145,000 square foot Costco, a 135,000 square foot Century 21 and a 133,000 square foot Kohl’s. On April 13, 2019, Kohl’s closed its store at the property. On January 24, 2020, Kohl’s subleased its store to At Home and remains obligated under its lease which expires in January 2031;

The Alexander apartment tower, located above our Rego Park II shopping center, contains 312 units aggregating 255,000 square feet;
 
Paramus, located at the intersection of Routes 4 and 17 in Paramus, New Jersey, consists of 30.3 acres of land that is leased to IKEA; and

Flushing, a 167,000 square foot building, located on Roosevelt Avenue and Main Street in Queens, that is sub-leased to New World Mall LLC for the remainder of our ground lease term.
 
Property to be developed
Rego Park III, a 140,000 square foot land parcel adjacent to the Rego Park II shopping center in Queens, at the intersection of Junction Boulevard and the Horace Harding Service Road.
 
Relationship with Vornado
We are managed by, and our properties are leased and developed by, Vornado, pursuant to various agreements which expire in March of each year and are automatically renewable.  Vornado is a fully-integrated REIT with significant experience in managing, leasing, developing, and operating retail and office properties.
 

5



Relationship with Vornado - continued
As of December 31, 2019, Vornado owned 32.4% of our outstanding common stock.  Steven Roth is the Chairman of our Board of Directors and Chief Executive Officer, the Managing General Partner of Interstate Properties (“Interstate”), a New Jersey general partnership, and the Chairman of the Board of Trustees and Chief Executive Officer of Vornado.  As of December 31, 2019, Mr. Roth, Interstate and its other two general partners, David Mandelbaum and Russell B. Wight, Jr. (who are also directors of the Company and trustees of Vornado) owned, in the aggregate, 26.1% of our outstanding common stock, in addition to the 2.3% they indirectly own through Vornado. Joseph Macnow, our Treasurer, is the Executive Vice President - Chief Financial Officer and Chief Administrative Officer of Vornado. Matthew Iocco, our Chief Financial Officer, is the Executive Vice President - Chief Accounting Officer of Vornado. 

Significant Tenant
Bloomberg accounted for revenue of $109,113,000, $107,356,000 and $105,224,000 in the years ended December 31, 2019, 2018, and 2017, respectively, representing approximately 48%, 46% and 46% of our total revenues in each year, respectively.  No other tenant accounted for more than 10% of our total revenues.  If we were to lose Bloomberg as a tenant, or if Bloomberg were to be unable to fulfill its obligations under its lease, it would adversely affect our results of operations and financial condition.  In order to assist us in our continuing assessment of Bloomberg’s creditworthiness, we receive certain confidential financial information and metrics from Bloomberg.  In addition, we access and evaluate financial information regarding Bloomberg from other private sources, as well as publicly available data.
 
Competition
We operate in a highly competitive environment.  All of our properties are located in the greater New York City metropolitan area.  We compete with a large number of real estate investors, property owners and developers.  Principal factors of competition are rents charged, attractiveness of location, the quality of the property and the breadth and the quality of services provided.  Our success depends upon, among other factors, trends of the global, national and local economies, the financial condition and operating results of current and prospective tenants and customers, the availability and cost of capital, construction and renovation costs, taxes, governmental regulations, legislation, population and employment trends, zoning laws, and our ability to lease, sublease or sell our properties, at profitable levels.  Our success is also subject to our ability to refinance existing debt on acceptable terms as it comes due.
 
Employees
We currently have 69 employees.
 
Executive Office
Our executive office is located at 210 Route 4 East, Paramus, New Jersey, 07652 and our telephone number is (201) 587-8541.
 
Available Information
Copies of our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and amendments to those reports, as well as Reports on Forms 3, 4 and 5 regarding officers, directors, and 10% beneficial owners filed or furnished pursuant to Section 13(a), 15(d) or 16(a) of the Securities Exchange Act of 1934, are available free of charge on our website (www.alx-inc.com) as soon as reasonably practicable after they are electronically filed with, or furnished to, the Securities and Exchange Commission (“SEC”).  Also available on our website are copies of our Audit Committee Charter, Compensation Committee Charter, Code of Business Conduct and Ethics and Corporate Governance Guidelines.  In the event of any changes to these items, revised copies will be made available on our website.  Copies of these documents are also available directly from us, free of charge. 
 
In May 2009, Vornado and Interstate each filed with the SEC an amendment to their respective Schedule 13D indicating that they, as a group, own 47.2% of our common stock.  This ownership level, together with the shares owned by Messrs. Roth, Mandelbaum and Wight, makes us a “controlled” company for the purposes of the New York Stock Exchange, Inc.’s Corporate Governance Standards (the “NYSE Rules”).  This means that we are not required to, among other things, have a majority of the members of our Board of Directors be independent under the NYSE Rules, have all of the members of our Compensation Committee be independent under the NYSE Rules or to have a Nominating Committee.  While we have voluntarily complied with a majority of the independence requirements of the NYSE Rules, we are under no obligation to do so and this situation may change at any time.

6



ITEM 1A. RISK FACTORS
Material factors that may adversely affect our business, operations and financial condition are summarized below.  The risks and uncertainties described herein may not be the only ones we face.  Additional risks and uncertainties not presently known to us or that we currently believe to be immaterial may also adversely affect our business, operations and financial condition. See “Forward-Looking Statements” contained herein on page 4.

OUR INVESTMENTS ARE CONCENTRATED IN THE GREATER NEW YORK CITY METROPOLITAN AREA. CIRCUMSTANCES AFFECTING THIS AREA GENERALLY COULD ADVERSELY AFFECT OUR BUSINESS.
All of our properties are in the greater New York City metropolitan area and are affected by the economic cycles and risks inherent in that area.
All of our revenues come from properties located in the greater New York City metropolitan area.  Real estate markets are subject to economic downturns and we cannot predict how economic conditions will impact this market in either the short or long term.  Declines in the economy or declines in the real estate market in this area could hurt our financial performance and the value of our properties.  In addition to the factors affecting the national economic condition generally, the factors affecting economic conditions in this area include:
 
financial performance and productivity of the media, advertising, professional services, financial, technology, retail, insurance and real estate industries;
business layoffs or downsizing;
industry slowdowns;
relocations of businesses;
changing demographics;
increased telecommuting and use of alternative work places;
changes in the number of domestic and international tourists to our markets (including as a result of changes in the relative strengths of world currencies);
infrastructure quality;
changes in the rates or treatment of the deductibility of state and local taxes; and
any oversupply of, or reduced demand for, real estate.

It is impossible for us to predict the future or the effect of trends in the economic and investment climates of the greater New York City metropolitan region, and more generally of the United States, on the real estate market in this area.  Local, national or global economic downturns could negatively affect our business and profitability.

We are subject to risks that affect the general and New York City retail environments.
Certain of our properties are New York City retail properties.  As such, these properties are affected by the general and New York City retail environments, including the level of consumer spending and consumer confidence, New York City tourism, the threat of terrorism, increasing competition from on-line retailers, other retailers and outlet malls and the impact of technological change upon the retail environment generally. These factors could adversely affect the financial condition of our retail tenants, or result in the bankruptcy of such tenants, and the willingness of retailers to lease space in our retail locations, which could have an adverse effect on our business and profitability.
 
Terrorist attacks may adversely affect the value of our properties and our ability to generate cash flow.
All of our properties are located in the greater New York City metropolitan area, and our most significant property, 731 Lexington Avenue, is located on Lexington Avenue and 59th Street in Manhattan.  In response to a terrorist attack or the perceived threat of terrorism, tenants in this area may choose to relocate their businesses to less populated, lower-profile areas of the United States that may be perceived to be less likely targets of future terrorist activity and fewer customers may choose to patronize businesses in this area. This, in turn, could trigger a decrease in the demand for space in these markets, which could increase vacancies in our properties and force us to lease our properties on less favorable terms. Furthermore, we may experience increased costs for security, equipment and personnel. As a result, the value of our properties and the level of our revenues could decline materially.
 

7



Natural disasters and the effects of climate change could have a concentrated impact on the area which we operate and could adversely impact our results.
Our investments are in the greater New York City metropolitan area and since they are concentrated along the Eastern Seaboard, natural disasters, including hurricanes, could cause significant damage to our properties and the surrounding environment or area.  Potentially adverse consequences of “global warming,” including rising sea levels, could similarly have an impact on our properties and the economy of the greater New York City metropolitan area in which we operate. Over time, these conditions could result in declining demand for office space in our buildings or the inability of us to operate the buildings at all. Climate change may also have indirect effects on our business by increasing the cost of (or making unavailable) property insurance on terms we find acceptable, increasing the cost of energy at our properties and requiring us to expend funds as we seek to repair and protect our properties against such risks. The incurrence of these losses, costs or business interruptions may adversely affect our operating and financial results.

REAL ESTATE INVESTMENTS’ VALUE AND INCOME FLUCTUATE DUE TO VARIOUS FACTORS.
Our performance and the value of an investment in us are subject to risks associated with our real estate assets and with the real estate industry.
The value of our real estate and the value of an investment in us fluctuates depending on conditions in the general economy and the real estate business.  These conditions may also adversely impact our revenues and cash flows.
 
The factors that affect the value of our real estate include, among other things:
 
global, national, regional and local economic conditions;
competition from other available space;
local conditions such as an oversupply of space or a reduction in demand for real estate in the area;
how well we manage our properties;
the development and/or redevelopment of our properties;
changes in market rental rates;
the timing and costs associated with property improvements and rentals;
whether we are able to pass all or portions of any increases in operating costs through to tenants;
changes in real estate taxes and other expenses;  
the ability of state and local governments to operate within their budgets;
whether tenants and users such as customers and shoppers consider a property attractive;
changes in consumer preferences adversely affecting retailers and retail store values;
changes in space utilization by our tenants due to technology, economic conditions and business environment;
the financial condition of our tenants, including the extent of tenant bankruptcies or defaults;
consequences of any armed conflict involving, or terrorist attack against, the United States or individual acts of violence in public spaces;
trends in office real estate;
the impact on our retail tenants and demand for retail space at our properties due to increased competition from online shopping;
availability of financing on acceptable terms or at all;
inflation or deflation;
fluctuations in interest rates;
our ability to obtain adequate insurance;
changes in zoning laws and taxation;
government regulation;
potential liability under environmental or other laws or regulations;
natural disasters;
general competitive factors; and
climate changes.
 
The rents we receive and the occupancy levels at our properties may decline as a result of adverse changes in any of these factors.  If our rental revenues and/or occupancy levels decline, we generally would expect to have less cash available for operating costs, to pay our indebtedness and for distribution to our stockholders.  In addition, some of our major expenses, including mortgage payments, real estate taxes and maintenance costs generally do not decline when the related rents decline.
 

8



Capital markets and economic conditions can materially affect our liquidity, financial condition and results of operations as well as the value of an investment in our debt and equity securities.
There are many factors that can affect the value of our equity securities and any debt securities we may issue in the future, including the state of the capital markets and economy.  Demand for office and retail space typically declines nationwide due to an economic downturn, bankruptcies, downsizing, layoffs and cost cutting.  Government action or inaction may adversely affect the state of the capital markets.  The cost and availability of credit may be adversely affected by illiquid credit markets and wider credit spreads, which may adversely affect our liquidity and financial condition, including our results of operations, and the liquidity and financial condition of our tenants.  Our inability or the inability of our tenants to timely refinance maturing liabilities and access the capital markets to meet liquidity needs may materially affect our financial condition and results of operations and the value of our equity securities and any debt securities we may issue in the future.

U.S. federal tax reform legislation now and in the future could affect REITs generally, the geographic markets in which we operate, the trading of our shares and our results of operations, both positively and negatively, in ways that are difficult to anticipate.
The Tax Cuts and Jobs Act of 2017 (the “2017 Act”) represented sweeping tax reform legislation that made significant changes to corporate and individual tax rates and the calculation of taxes, as well as international tax rules. As a REIT, we are generally not required to pay federal taxes otherwise applicable to regular corporations if we comply with the various tax regulations governing REITs. Shareholders, however, are generally required to pay taxes on REIT dividends. The 2017 Act and future tax reform legislation could impact our share price or how shareholders and potential investors view an investment in REITs.  For example, the decrease in corporate tax rates in the 2017 Act could decrease the attractiveness of the REIT structure relative to companies that are not organized as REITs. In addition, while certain elements of the 2017 Act do not impact us directly as a REIT, they could impact the geographic markets in which we operate as well as our tenants in ways, both positive and negative, that are difficult to anticipate. For example, the limitation in the 2017 Act on the deductibility of certain state and local taxes may make operating in jurisdictions that impose such taxes at higher rates less desirable than operating in jurisdictions imposing such taxes at lower rates.  The overall impact of the 2017 Act also depends on the future interpretations and regulations that may be issued by U.S. tax authorities, and it is possible that future guidance could adversely impact us.

Real estate is a competitive business and that competition may adversely impact us.
We compete with a large number of real estate investors, property owners and developers, some of which may be willing to accept lower returns on their investments.  Principal factors of competition are rents charged, attractiveness of location, the quality of the property and the breadth and the quality of services provided.  Substantially all of our properties face competition from similar properties in the same market, which may adversely impact the rents we can charge at those properties and our results of operations.
 
We may be adversely affected by trends in office real estate.
Telecommuting, flexible work schedules, open workplaces and teleconferencing are becoming more common. These practices enable businesses to reduce their office space requirements. There is also an increasing trend among some businesses to utilize shared office spaces and co-working spaces. A continuation of these trends could, over time, erode the overall demand for office space and, in turn, place downward pressure on occupancy, rental rates and property valuations.

We depend on leasing space to tenants on economically favorable terms and collecting rent from tenants who may not be able to pay.
Our financial results depend significantly on leasing space in our properties to tenants on economically favorable terms.  In addition, because a majority of our income is derived from renting real property, our income, funds available to pay indebtedness and for distributions to stockholders will decrease if certain of our tenants cannot pay their rent or if we are not able to maintain our occupancy levels on favorable terms.  If a tenant does not pay its rent, we might not be able to enforce our rights as landlord without delays and might incur substantial legal and other costs. Even if we are able to enforce our rights, a tenant may not have recoverable assets.

Bankruptcy or insolvency of tenants may decrease our revenues, net income and available cash.
From time to time, some of our tenants have declared bankruptcy, and other tenants may declare bankruptcy or become insolvent in the future.  The bankruptcy or insolvency of a major tenant could cause us to suffer lower revenues and operational difficulties, including leasing the remainder of the property.  As a result, the bankruptcy or insolvency of a major tenant or multiple tenants could result in decreased net income and funds available to pay our indebtedness or make distributions to stockholders.

9



We depend upon anchor tenants to attract shoppers at our Rego Park I and II retail properties and decisions made by these tenants, or adverse developments in the businesses of these tenants, could materially affect our financial condition and results of operations.
Our Rego Park I and II retail properties are anchored by well-known department stores and other tenants who generate shopping traffic.  The value of these properties would be adversely affected if our anchor tenants failed to meet their contractual obligations, sought concessions in order to continue operations or ceased their operations, including as a result of bankruptcy.  If the level of sales of stores operating in our properties were to decline significantly due to economic conditions, increased competition from online shopping, closing of anchors or for other reasons, tenants may be unable to pay their minimum rents or expense recovery charges.  In the event of a default by a tenant or anchor, we may experience delays and costs in enforcing our rights as landlord. Additionally, closure of an anchor or major tenant could result in lease terminations by, or reductions of rent from, other tenants if the other tenants’ leases have co-tenancy clauses. On April 4, 2017, Sears closed its 195,000 square foot store at our Rego Park I shopping center ($10,300,000 of annual revenue). On October 15, 2018, Sears filed for Chapter 11 bankruptcy relief and rejected its lease. On April 13, 2019, Kohl’s closed its 133,000 square foot store at our Rego Park II shopping center. On January 24, 2020, Kohl’s subleased its store to At Home and remains obligated under its lease which expires in January 2031.

We may be unable to renew leases or relet space as leases expire.
When our tenants decide not to renew their leases upon their expiration, we may not be able to relet the space. Even if tenants do renew or we can relet the space, the terms of renewal or reletting, considering among other things, the cost of improvements to the property and leasing commissions, may be less favorable than the terms in the expired leases. In addition, changes in space utilization by our tenants may impact our ability to renew or relet space without the need to incur substantial costs in renovating or redesigning the internal configuration of the relevant property. If we are unable to promptly renew the leases or relet the space at similar rates or if we incur substantial costs in renewing or reletting the space, our cash flow and ability to service debt obligations and pay dividends and distributions to stockholders could be adversely affected.
  
731 Lexington Avenue accounts for a substantial portion of our revenues.  Loss of or damage to the building would adversely affect our financial condition and results of operations.
731 Lexington Avenue accounted for revenue of $153,797,000, $151,834,000 and $148,324,000 in the years ended December 31, 2019, 2018, and 2017, respectively, representing approximately 68%, 65% and 64% of our total revenues in each year, respectively.  Loss of or damage to the building in excess of our insurance coverage, including as a result of a terrorist attack, would adversely affect our results of operations and financial condition.
Bloomberg represents a significant portion of our revenues.  Loss of Bloomberg as a tenant or deterioration in Bloomberg’s credit quality could adversely affect our financial condition and results of operations.
Bloomberg accounted for revenue of $109,113,000, $107,356,000 and $105,224,000 in the years ended December 31, 2019, 2018, and 2017, respectively, representing approximately 48%, 46% and 46% of our total revenues in each year, respectively.  No other tenant accounted for more than 10% of our total revenues.  If we were to lose Bloomberg as a tenant, or if Bloomberg were to be unable to fulfill its obligations under its lease, it would adversely affect our results of operations and financial condition.



10



The occurrence of cyber incidents, or a deficiency in our cyber security, as well as other disruptions of our IT networks and related systems, could negatively impact our business by causing a disruption to our operations, a compromise or corruption of our confidential information, and/or damage to our business relationships or reputation, all of which could negatively impact our financial results.
We face risks associated with security breaches, whether through cyber attacks or cyber intrusions over the Internet, malware, computer viruses, attachments to e-mails, persons who access our systems from inside or outside our organization, and other significant disruptions of our IT networks and related systems. The risk of a security breach or disruption, particularly through cyber attack or cyber intrusion, including by computer hackers, foreign governments and cyber terrorists, has generally increased as the number, intensity and sophistication of attempted attacks and intrusions from around the world have increased. Although we have not experienced cyber incidents that are individually, or in the aggregate, material, we have experienced cyber attacks in the past, which have thus far been mitigated by preventative, detective, and responsive measures that we have put in place. Our IT networks and related systems are essential to the operation of our business and our ability to perform day-to-day operations (including managing our building systems) and, in some cases, may be critical to the operations of certain of our tenants. Although we make efforts to maintain the security and integrity of these types of IT networks and related systems, and we have implemented various measures to manage the risk of a security breach or disruption, there can be no assurance that our security efforts and measures will be effective or that attempted security breaches or disruptions would not be successful or damaging. Unauthorized parties, whether within or outside our company, may disrupt or gain access to our systems, or those of third parties with whom we do business, through human error, misfeasance, fraud, trickery, or other forms of deceit, including break-ins, use of stolen credentials, social engineering, phishing, computer viruses or other malicious codes, and similar means of unauthorized and destructive tampering. Even the most well protected information, networks, systems and facilities remain potentially vulnerable because the techniques used in such attempted security breaches evolve and generally are not recognized until launched against a target, and in some cases are designed to not be detected and, in fact, may not be detected. Accordingly, we may be unable to anticipate these techniques or to implement adequate security barriers or other preventative measures, and thus it is impossible for us to entirely mitigate this risk.
 
A security breach or other significant disruption involving our IT networks and related systems could disrupt the proper functioning of our networks and systems and therefore our operations and/or those of certain of our tenants; result in the unauthorized access to, and destruction, loss, theft, misappropriation or release of, proprietary, confidential, sensitive or otherwise valuable information of ours or others, which others could use to compete against us or which could expose us to damage claims by third-parties for disruptive, destructive or otherwise harmful purposes and outcomes; result in our inability to maintain the building systems relied upon by our tenants for the efficient use of their leased space; require significant management attention and resources to remedy any damages that result; subject us to litigation claims for breach of contract, damages, credits, fines, penalties, governmental investigations and enforcement actions or termination of leases or other agreements; or damage our reputation among our tenants and investors generally. Any or all of the foregoing could have a material adverse effect on our results of operations, financial condition and cash flows.
 
A cyber attack or systems failure could interfere with our ability to comply with financial reporting requirements, which could adversely affect us. A cyber attack could also compromise the confidential information of our employees, tenants, customers and vendors. A successful attack could disrupt and materially affect our business operations, including damaging relationships with tenants, customers and vendors. Any compromise of our information security systems could also result in a violation of applicable privacy and other laws, significant legal and financial exposure, damage to our reputation, loss or misuse of the information (which may be confidential, proprietary and/or commercially sensitive in nature) and a loss of confidence in our security measures, which could harm our business.
 

11



Some of our potential losses may not be covered by insurance.
We maintain general liability insurance with limits of $300,000,000 per occurrence and per property, and all-risk property and rental value insurance coverage with limits of $1.7 billion per occurrence, including coverage for acts of terrorism, with sub-limits for certain perils such as floods and earthquakes on each of our properties.
 
Fifty Ninth Street Insurance Company, LLC (“FNSIC”), our wholly owned consolidated subsidiary, acts as a direct insurer for coverage for acts of terrorism, including nuclear, biological, chemical and radiological (“NBCR”) acts, as defined by the Terrorism Risk Insurance Act of 2002, as amended to date and which has been extended through December 2027.  Coverage for acts of terrorism (including NBCR acts) is up to $1.7 billion per occurrence and in the aggregate.  Coverage for acts of terrorism (excluding NBCR acts) is fully reinsured by third party insurance companies and the Federal government with no exposure to FNSIC.  For NBCR acts, FNSIC is responsible for a $268,000 deductible and 20% of the balance of a covered loss, and the Federal government is responsible for the remaining 80% of a covered loss.  We are ultimately responsible for any loss incurred by FNSIC.
 
We continue to monitor the state of the insurance market and the scope and costs of coverage for acts of terrorism or other events.  However, we cannot anticipate what coverage will be available on commercially reasonable terms in the future.  We are responsible for uninsured losses and for deductibles and losses in excess of our insurance coverage, which could be material.
 
Our mortgage loans are non-recourse to us and contain customary covenants requiring us to maintain insurance.  Although we believe that we have adequate insurance coverage for purposes of these agreements, we may not be able to obtain an equivalent amount of coverage at reasonable costs in the future.  Further, if lenders insist on greater coverage than we are able to obtain, it could adversely affect our ability to finance or refinance our properties.
 
Compliance or failure to comply with the Americans with Disabilities Act (“ADA”) or other safety regulations and requirements could result in substantial costs.
The ADA generally requires that public buildings, including our properties, meet certain Federal requirements related to access and use by disabled persons.  Noncompliance could result in the imposition of fines by the Federal government or the award of damages to private litigants and/or legal fees to their counsel.  If, under the ADA, we are required to make substantial alterations and capital expenditures in one or more of our properties, including the removal of access barriers, it could adversely affect our financial condition and results of operations, as well as the amount of cash available for distribution to stockholders.

Our properties are subject to various federal, state and local regulatory requirements, such as state and local fire and life safety requirements.  If we fail to comply with these requirements, we could incur fines or private damage awards.  We do not know whether existing requirements will change or whether compliance with future requirements will require significant unanticipated expenditures that will affect our cash flow and results of operations.
 
Changes in the method pursuant to which the LIBOR rates are determined and phasing out of LIBOR after 2021 may affect our financial results.
The chief executive of the United Kingdom Financial Conduct Authority (“FCA”), which regulates the London Interbank Offered Rate (“LIBOR”), announced that the FCA intends to stop compelling banks to submit rates for the calculation of LIBOR after 2021. In response, the Federal Reserve Board and the Federal Reserve Bank of New York organized the Alternative Reference Rates Committee which identified the Secured Overnight Financing Rate (“SOFR”) as its preferred alternative to USD-LIBOR in derivatives and other financial contracts. It is not possible to predict the effect of these changes, including when LIBOR will cease to be available or when there will be sufficient liquidity in the SOFR markets.

We have outstanding debt with variable rates based on LIBOR. In the transition from the use of LIBOR to SOFR or other alternatives, the level of interest payments we incur may change. In addition, although certain of our LIBOR based obligations provide for alternative methods of calculating the related interest rate payable (including transition to an alternative benchmark rate) if LIBOR is not reported, uncertainty as to the extent and manner of future changes may result in interest rates and/or payments that are higher than, lower than or that do not otherwise correlate over time with the interest rates and/or payments that would have been made on our obligations if LIBOR was available in its current form. Use of alternative interest rates or other LIBOR reforms could result in increased volatility or a tightening of credit markets which could adversely affect our ability to obtain cost-effective financing.



12



We may incur significant costs to comply with environmental laws and environmental contamination may impair our ability to lease and/or sell real estate.
Our operations and properties are subject to various federal, state and local laws and regulations concerning the protection of the environment, including air and water quality, hazardous or toxic substances and health and safety.  Under some environmental laws, a current or previous owner or operator of real estate may be required to investigate and clean up hazardous or toxic substances released at a property.  The owner or operator may also be held liable to a governmental entity or to third parties for property damage or personal injuries and for investigation and clean-up costs incurred by those parties because of the contamination.  These laws often impose liability without regard to whether the owner or operator knew of the release of the substances or caused the release.  The presence of contamination or the failure to remediate contamination may also impair our ability to sell or lease real estate or to borrow using the real estate as collateral.  Other laws and regulations govern indoor and outdoor air quality including those that can require the abatement or removal of asbestos-containing materials in the event of damage, demolition, renovation or remodeling and govern emissions of and exposure to asbestos fibers in the air.  The maintenance and removal of lead paint and certain electrical equipment containing polychlorinated biphenyls (PCBs) are also regulated by federal and state laws.  We are also subject to risks associated with human exposure to chemical or biological contaminants such as molds, pollens, viruses and bacteria which, above certain levels, can be alleged to be connected to allergic or other health effects and symptoms in susceptible individuals.  We could incur fines for environmental compliance and be held liable for the costs of remedial action with respect to the foregoing regulated substances or related claims arising out of environmental contamination or human exposure to contamination at or from our properties.
 
Each of our properties has been subjected to varying degrees of environmental assessment.  To date, these environmental assessments have not revealed any environmental condition material to our business.  However, identification of new compliance concerns or undiscovered areas of contamination, changes in the extent or known scope of contamination, human exposure to contamination or changes in clean-up or compliance requirements could result in significant costs to us.
 
In addition, we may become subject to costs or taxes, or increases therein, associated with natural resource or energy usage (such as a “carbon tax”).  These costs or taxes could increase our operating costs and decrease the cash available to pay our obligations or distribute to stockholders.

We face risks associated with our tenants being designated “Prohibited Persons” by the Office of Foreign Assets Control and similar requirements. 
Pursuant to Executive Order 13224 and other laws, the Office of Foreign Assets Control of the United States Department of the Treasury (“OFAC”) maintains a list of persons designated as terrorists or who are otherwise blocked or banned (“Prohibited Persons”) from conducting business or engaging in transactions in the United States and thereby restricts our doing business with such persons. In addition, our leases, loans and other agreements may require us to comply with OFAC and related requirements, and any failure to do so may result in a breach of such agreements.  If a tenant or other party with whom we conduct business is placed on the OFAC list or is otherwise a party with whom we are prohibited from doing business, we may be required to terminate the lease or other agreement or face other penalties.  Any such termination could result in a loss of revenue or otherwise negatively affect our financial results and cash flows.

WE MAY ACQUIRE OR SELL ASSETS OR DEVELOP PROPERTIES.  OUR FAILURE OR INABILITY TO CONSUMMATE THESE TRANSACTIONS OR MANAGE THE RESULTS OF THESE TRANSACTIONS COULD ADVERSELY AFFECT OUR OPERATIONS AND FINANCIAL RESULTS.

We may acquire, develop, or redevelop properties and this may create risks.
Although our stated business strategy is not to engage in acquisitions, we may acquire or develop properties when we believe that an acquisition or development project is otherwise consistent with our business strategy.  We may not succeed in (i) developing, redeveloping or acquiring properties; (ii) completing these activities on time or within budget; and (iii) leasing or selling developed, redeveloped or acquired properties at amounts sufficient to cover our costs.  Competition in these activities could also significantly increase our costs. Difficulties in integrating acquisitions may prove costly or time-consuming and could divert management’s attention. Acquisitions or developments in new markets or types of properties where we do not have the same level of market knowledge may result in weaker than anticipated performance. We may also abandon acquisition or development opportunities that we have begun pursuing and consequently fail to recover expenses already incurred.  Furthermore, we may be exposed to the liabilities of properties acquired, some of which we may not be aware of at the time of acquisition.
 

13



We are exposed to risks associated with property redevelopment and repositioning that could adversely affect us, including our financial condition and results of operations.
We continue to engage in redevelopment and repositioning activities with respect to our properties, and, accordingly, we are subject to certain risks, which could adversely affect us, including our financial condition and results of operations. These risks include, without limitation, (i) the availability and pricing of financing on favorable terms or at all; (ii) the availability and timely receipt of zoning and other regulatory approvals; (iii) the potential for the fluctuation of occupancy rates and rents at redeveloped properties, which may result in our investment not being profitable; (iv) start up, repositioning and redevelopment costs may be higher than anticipated; (v) cost overruns and untimely completion of construction (including risks beyond our control, such as weather or labor conditions, or material shortages); (vi) the potential that we may fail to recover expenses already incurred if we abandon development or redevelopment opportunities after we begin to explore them; (vii) the potential that we may expend funds on and devote management time to projects which we do not complete; (viii) the inability to lease a property on schedule or at all, resulting in increased construction or redevelopment costs; and (ix) the possibility that properties will be leased at below expected rental rates. These risks could result in substantial unanticipated delays or expenses and could prevent the initiation or the completion of redevelopment activities, any of which could have an adverse effect on our financial condition, results of operations, cash flow, the market value of our common shares and ability to satisfy our principal and interest obligations and to make distributions to our stockholders.

It may be difficult to sell real estate quickly, which may limit our flexibility.
Real estate investments are relatively illiquid. Consequently, we may have limited ability to dispose of assets in our portfolio promptly in response to changes in economic or other conditions which could have an adverse effect on our sources of working capital and our ability to satisfy our debt obligations.
 
We have an investment in marketable equity securities.  The value of this investment may decline as a result of operating performance or economic or market conditions.
We have an investment in The Macerich Company (“Macerich”), a retail shopping center company.  As of December 31, 2019, this investment had a carrying amount of $14,409,000. A decline in the value of this investment due to, among other reasons, Macerich’s operating performance or economic or market conditions, would result in recognized GAAP losses, which could be material.
 
OUR ORGANIZATIONAL AND FINANCIAL STRUCTURE GIVES RISE TO OPERATIONAL AND FINANCIAL RISKS.
Substantially all of our assets are owned by subsidiaries.  We depend on dividends and distributions from these subsidiaries.  The creditors of these subsidiaries are entitled to amounts payable to them by the subsidiaries before the subsidiaries may pay any dividends or distributions to us.
Substantially all of our properties and assets are held through our subsidiaries.  We depend on cash distributions and dividends from our subsidiaries for substantially all of our cash flow.  The creditors of each of our direct and indirect subsidiaries are entitled to payment of that subsidiary’s obligations to them when due and payable before that subsidiary may make distributions or dividends to us.  Thus, our ability to pay dividends, if any, to our security holders depends on our subsidiaries’ ability to first satisfy their obligations to their creditors and our ability to satisfy our obligations, if any, to our creditors.
 
In addition, our participation in any distribution of the assets of any of our direct or indirect subsidiaries upon the liquidation, reorganization or insolvency of the subsidiary, is only after the claims of the creditors, including trade creditors, and preferred security holders, if any, of the applicable direct or indirect subsidiaries are satisfied. 

Our existing financing documents contain covenants and restrictions that may restrict our operational and financial flexibility.
As of December 31, 2019, we had outstanding mortgage indebtedness of $974,836,000, secured by three of our properties.  These mortgages contain covenants that limit our ability to incur additional indebtedness on these properties, provide for lender approval of tenants’ leases in certain circumstances, and provide for yield maintenance or defeasance premiums to prepay them.  These mortgages may significantly restrict our operational and financial flexibility.  In addition, if we were to fail to perform our obligations under existing indebtedness or become insolvent or were liquidated, secured creditors would be entitled to payment in full from the proceeds of the sale of the pledged assets prior to any proceeds being paid to other creditors or to any holders of our securities.  In such an event, it is possible that we would have insufficient assets remaining to make payments to other creditors or to any holders of our securities. 


14



We have a substantial amount of indebtedness that could affect our future operations.
As of December 31, 2019, total debt outstanding was $974,836,000. We are subject to the risks normally associated with debt financing, including the risk that our cash flow from operations will be insufficient to meet required debt service. Our debt service costs generally will not be reduced if developments in the market or at our properties, such as the entry of new competitors or the loss of major tenants, cause a reduction in the income from our properties. Should such events occur, our operations may be adversely affected. If a property is mortgaged to secure payment of indebtedness and income from such property is insufficient to pay that indebtedness, the property could be foreclosed upon by the mortgagee resulting in a loss of income and a decline in our total asset value.
 
We have outstanding debt, and the amount of debt and its cost may increase and refinancing may not be available on acceptable terms.
As of December 31, 2019, total debt outstanding was $974,836,000 and our ratio of total debt to total enterprise value was 41.2%.  “Enterprise value” means the market equity value of our common stock, plus debt, less cash and cash equivalents at such date.  In addition, we have significant debt service obligations.  For the year ended December 31, 2019, our scheduled cash payments for principal and interest were $34,669,000.  In the future, we may incur additional debt, and thus increase the ratio of total debt to total enterprise value.  If our level of indebtedness increases, there may be an increased risk of default which could adversely affect our financial condition and results of operations.  In addition, in a rising interest rate environment, the cost of refinancing our existing debt and any new debt or market rate security or instrument may increase.  Continued uncertainty in the equity and credit markets may negatively impact our ability to obtain financing on reasonable terms or at all, which may negatively affect our ability to refinance our debt.   
 
We might fail to qualify or remain qualified as a REIT, and may be required to pay federal income taxes at corporate rates.
Although we believe that we will remain organized and will continue to operate so as to qualify as a REIT for federal income tax purposes, we might fail to remain qualified.  Qualification as a REIT for federal income tax purposes is governed by highly technical and complex provisions of the Internal Revenue Code (the “Code”) for which there are only limited judicial or administrative interpretations and depends on various facts and circumstances that are not entirely within our control.  In addition, legislation, new regulations, administrative interpretations or court decisions may significantly change the relevant tax laws and/or the federal income tax consequences of qualifying as a REIT. If, with respect to any taxable year, we fail to maintain our qualification as a REIT and do not qualify under statutory relief provisions, we could not deduct distributions to stockholders in computing our taxable income and would have to pay federal income tax on our taxable income at regular corporate rates. The federal income tax payable would include any applicable alternative minimum tax. If we had to pay federal income tax, the amount of money available to distribute to stockholders and pay our indebtedness would be reduced for the year or years involved, and we would no longer be required to make distributions to stockholders in that taxable year and in future years until we were able to qualify as a REIT and did so. In addition, we would also be disqualified from treatment as a REIT for the four taxable years following the year during which qualification was lost, unless we were entitled to relief under the relevant statutory provisions.
 
We may face possible adverse changes in federal tax laws, which may result in an increase in our tax liability.
At any time, the U.S. federal income tax laws governing REITs or the administrative interpretations of those laws may be amended. We cannot predict if or when any new U.S. federal income tax law, regulation, or administrative interpretation, or any amendment to any existing U.S. federal income tax law, Treasury regulation or administrative interpretation, will be adopted, promulgated or become effective and any such law, regulation, or interpretation may take effect retroactively. Alexander’s, its taxable REIT subsidiaries, and our security holders could be adversely affected by any such change in, or any new, U.S. federal income tax law, Treasury regulation or administrative interpretation.


15



We may face possible adverse state and local tax audits and changes in state and local tax law.
Because we are organized and qualify as a REIT, we are generally not subject to federal income taxes, but we are subject to certain state and local taxes. In the normal course of business, certain entities through which we own real estate either have undergone, or are currently undergoing, tax audits. Although we believe that we have substantial arguments in favor of our positions in the ongoing audits, in some instances there is no controlling precedent or interpretive guidance on the specific point at issue. There can be no assurance that ongoing and future audits will not occur with increased frequency or that the ultimate result of such audits will not have a material adverse effect on our results of operations.

From time to time changes in state and local tax laws or regulations are enacted, which may result in an increase in our tax liability. A shortfall in tax revenues for states and municipalities in which we operate may lead to an increase in the frequency and size of such changes. If such changes occur, we may be required to pay additional taxes on our assets or income. These increased tax costs could adversely affect our financial condition and results of operations and the amount of cash available for the payment of dividends and distributions to our stockholders.

Loss of our key personnel could harm our operations and adversely affect the value of our common stock.
We are dependent on the efforts of Steven Roth, our Chief Executive Officer.  Although we believe that we could find a replacement, the loss of his services could harm our operations and adversely affect the value of our common stock.

ALEXANDER’S CHARTER DOCUMENTS AND APPLICABLE LAW MAY HINDER ANY ATTEMPT TO ACQUIRE US.
Provisions in Alexander’s certificate of incorporation and by laws, as well as provisions of the Code and Delaware corporate law, may delay or prevent a change in control of the Company or a tender offer, even if such action might be beneficial to stockholders, and limit the stockholders’ opportunity to receive a potential premium for their shares of common stock over then prevailing market prices.
 
Primarily to facilitate maintenance of its qualification as a REIT, Alexander’s certificate of incorporation generally prohibits ownership, directly, indirectly or beneficially, by any single stockholder of more than 9.9% of the outstanding shares of preferred stock of any class or 4.9% of outstanding common stock of any class.  The Board of Directors may waive or modify these ownership limits with respect to one or more persons if it is satisfied that ownership in excess of these limits will not jeopardize Alexander’s status as a REIT for federal income tax purposes.  In addition, the Board of Directors has, subject to certain conditions and limitations, exempted Vornado and certain of its affiliates from these ownership limitations.  Stock owned in violation of these ownership limits will be subject to the loss of rights and other restrictions.  These ownership limits may have the effect of inhibiting or impeding a change in control.
 
Alexander’s Board of Directors is divided into three classes of directors.  Directors of each class are chosen for three-year staggered terms.  Staggered terms of directors may have the effect of delaying or preventing changes in control or management, even though changes in management or a change in control might be in the best interest of our stockholders.
 
In addition, Alexander’s charter documents authorize the Board of Directors to:
 
cause Alexander’s to issue additional authorized but unissued common stock or preferred stock;
classify or reclassify, in one or more series, any unissued preferred stock; and
set the preferences, rights and other terms of any classified or reclassified stock that Alexander’s issues.
 
The Board of Directors could establish a series of preferred stock with terms that could delay, deter or prevent a change in control of Alexander’s or other transaction that might involve a premium price or otherwise be in the best interest of our stockholders, although the Board of Directors does not, at present, intend to establish a series of preferred stock of this kind.  Alexander’s charter documents contain other provisions that may delay, deter or prevent a change in control of the Company or other transaction that might involve a premium price or otherwise be in the best interest of our stockholders.
 
In addition, Vornado, Interstate and its three general partners (each of whom are both trustees of Vornado and Directors of Alexander’s) together beneficially own approximately 58.5% of our outstanding shares of common stock.  This degree of ownership is likely to reduce the possibility of a tender offer or an attempt to change control of the Company by a third party.
 

16



We may change our policies without obtaining the approval of our stockholders.
Our operating and financial policies, including our policies with respect to acquisitions of real estate or other assets, growth, operations, indebtedness, capitalization and dividends, are exclusively determined by our Board of Directors.  Accordingly, our stockholders do not control these policies.

OUR OWNERSHIP STRUCTURE AND RELATED-PARTY TRANSACTIONS MAY GIVE RISE TO CONFLICTS OF INTEREST.
Steven Roth, Vornado and Interstate may exercise substantial influence over us.  They and some of our other directors and officers have interests or positions in other entities that may compete with us.
As of December 31, 2019, Interstate and its partners owned approximately 7.1% of the common shares of beneficial interest of Vornado and approximately 26.1% of our outstanding common stock.  Steven Roth, David Mandelbaum and Russell B. Wight, Jr. are the partners of Interstate.  Mr. Roth is the Chairman of our Board of Directors and Chief Executive Officer, the Chairman of the Board of Trustees and Chief Executive Officer of Vornado and the Managing General Partner of Interstate.  Mr. Wight and Mr. Mandelbaum are both trustees of Vornado and members of our Board of Directors.  In addition, Vornado manages and leases the real estate assets of Interstate.
 
As of December 31, 2019, Vornado owned 32.4% of our outstanding common stock, in addition to the 26.1% owned by Interstate and its partners.  In addition to the relationships described in the immediately preceding paragraph, Dr. Richard West is a trustee of Vornado and a member of our Board of Directors and Joseph Macnow, our Treasurer, is the Executive Vice President - Chief Financial Officer and Chief Administrative Officer of Vornado. Matthew Iocco is our Chief Financial Officer and the Executive Vice President - Chief Accounting Officer of Vornado. 
 
Because of their overlapping interests, Vornado, Mr. Roth, Interstate and the other individuals noted in the preceding paragraphs may have substantial influence over Alexander’s, and on the outcome of any matters submitted to Alexander’s stockholders for approval.  In addition, certain decisions concerning our operations or financial structure may present conflicts of interest among Vornado, Messrs. Roth, Mandelbaum and Wight and Interstate and other security holders.  Vornado, Mr. Roth and Interstate may, in the future, engage in a wide variety of activities in the real estate business which may result in conflicts of interest with respect to matters affecting us, such as, which of these entities or persons, if any, may take advantage of potential business opportunities, the business focus of these entities, the types of properties and geographic locations in which these entities make investments, potential competition between business activities conducted, or sought to be conducted, by us, competition for properties and tenants, possible corporate transactions such as acquisitions, and other strategic decisions affecting the future of these entities.
 
There may be conflicts of interest between Vornado, its affiliates and us.
Vornado manages, develops and leases our properties under agreements that have one-year terms expiring in March of each year, which are automatically renewable.  Because we share common senior management with Vornado and because four of the trustees of Vornado are on our Board of Directors, the terms of the foregoing agreements and any future agreements may not be comparable to those we could have negotiated with an unaffiliated third party.
 
For a description of Interstate’s ownership of Vornado and Alexander’s, see “Steven Roth, Vornado and Interstate may exercise substantial influence over us.  They and some of our other directors and officers have interests or positions in other entities that may compete with us.” above.


17



THE NUMBER OF SHARES OF ALEXANDER’S COMMON STOCK AND THE MARKET FOR THOSE SHARES GIVE RISE TO VARIOUS RISKS.
The trading price of our common shares has been volatile and may continue to fluctuate.
The trading price of our common shares has been volatile and may continue to fluctuate widely as a result of several factors, many of which are outside of our control.  In addition, the stock market is subject to fluctuations in the share prices and trading volumes that affect the market prices of the shares of many companies.  These broad market fluctuations have in the past and may in the future adversely affect the market price of our common shares.  Among the factors that could affect the price of our common shares are:
our financial condition and performance;
the financial condition of our tenants, including the extent of tenant bankruptcies or defaults;
actual or anticipated quarterly fluctuations in our operating results and financial condition;
our dividend policy;
the reputation of REITs and real estate investments generally and the attractiveness of REIT equity securities in comparison to other equity securities, including securities issued by other real estate companies, and fixed income securities;
uncertainty and volatility in the equity and credit markets;
fluctuations in interest rates;
changes in revenue or earnings estimates or publication of research reports and recommendations by financial analysts or actions taken by rating agencies with respect to our securities or those of other REITs;
failure to meet analysts’ revenue or earnings estimates;
speculation in the press or investment community;
strategic actions by us or our competitors, such as acquisitions or restructurings;
the extent of institutional investor interest in us;
the extent of short-selling of our common shares and the shares of our competitors;
fluctuations in the stock price and operating results of our competitors;
general financial and economic market conditions and, in particular, developments related to market conditions for REITs and other real estate related companies;
domestic and international economic factors unrelated to our performance;
changes in tax laws and rules; and
all other risk factors addressed elsewhere in this Annual Report on Form 10-K.
A significant decline in our stock price could result in substantial losses for stockholders.
Alexander’s has additional shares of its common stock available for future issuance, which could decrease the market price of the common stock currently outstanding.
The interest of our current stockholders could be diluted if we issue additional equity securities.  As of December 31, 2019, we had authorized but unissued 4,826,550 shares of common stock, par value of $1.00 per share and 3,000,000 shares of preferred stock, par value $1.00 per share; of which 11,408 shares of common stock are reserved for issuance upon redemption of the deferred stock units previously granted to our Board of Directors.  In addition, 494,379 shares are available for future grant under the terms of our 2016 Omnibus Stock Plan.  These awards may be granted in the form of options, restricted stock, stock appreciation rights, deferred stock units, or other equity-based interests, and if granted, would reduce that number of shares available for future grants, provided however that an award that may be settled only in cash, would not reduce the number of shares available under the plan.  We cannot predict the impact that future issuances of common or preferred stock or any exercise of outstanding options or grants of additional equity-based interests would have on the market price of our common stock.

ITEM 1B.     UNRESOLVED STAFF COMMENTS
There are no unresolved comments from the staff of the Securities and Exchange Commission as of the date of this Annual Report on Form 10-K. 

18



ITEM 2.     PROPERTIES
The following table shows the location, ownership, approximate size (excluding parking garages) and occupancy of each of our properties as of December 31, 2019.
 
 
 
 
 
Square Feet
 
 
 
Weighted
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Under
 
 
 
Average
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Development Or
 
In Service
 
Escalated
 
 
 
 
 
Lease Expiration(s)
 
 
 
 
Land
 
Total
 
 
 
Not Available
 
Occupancy
 
Annual
 
 
 
 
 
Original
 
Option
 
Property
 
Acreage
 
Property
 
In Service
 
For Lease
 
Rate
 
Rent PSF (1)
 
 
 
Tenants
 
Term (2)
 
Term (3)
 
Operating Properties:
 
 
 
 
 
 
 
 
 
 
 
 

 
 
 
 
 
 
 
 
 
731 Lexington Avenue
 
 
 
 
 
 
 
 
 
 
 
 

 
 
 
 
 
 
 
 
 
 
New York, NY
 
 
 
 
 
 
 
 
 
 
 
 

 
 
 
 
 
 
 
 
 
 
Office
 
 
 
920,000

 
896,000

 
24,000

 
100%
 
$
121.81

 
 
 
Bloomberg L.P.
 
2029
 
2039
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Retail
 
 
 
83,000

 
83,000

 

 
 
 
 

 
 
 
The Home Depot
 
2025
 
2035
 
 
 
 
 
 
34,000

 
34,000

 

 
 
 
 

 
 
 
The Container Store
 
2021
 
N/A
 
 
 
 
 
 
38,000

 
38,000

 

 
 
 
 

 
 
 
Various
 
Various
 
Various
 
 
 
 
 
 
155,000

 
155,000

 

 
93%
 
277.36

 
 
 
 
 
 
 
 
 
 
 
 
1.9
 
1,075,000

 
1,051,000

 
24,000

 
 
 
 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Rego Park I
 
 
 
 
 
 
 
 
 
 
 
 

 
 
 
 
 
 
 
 
 
 
Queens, NY
 
 
 
 
 
 
 
 
 
 
 
 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
113,000

 

 
113,000

 
 
 
 
 
 
 
IKEA (4)
 
2025
(5)
2030
 
 
 
 
 
 
50,000

 
50,000

 

 
 
 
 

 
 
 
Burlington
 
2022
 
2027
 
 
 
 
 
 
46,000

 
46,000

 

 
 
 
 

 
 
 
Bed Bath & Beyond
 
2021
 
N/A
 
 
 
 
 
 
36,000

 
36,000

 

 
 
 
 

 
 
 
Marshalls
 
2032
 
N/A
 
 
 
 
 
 
16,000

 
16,000

 

 
 
 
 

 
 
 
Old Navy
 
2021
 
N/A
 
 
 
 
 
 
82,000

 

 
82,000

 
 
 
 
 
 
 
(6)
 
N/A
 
N/A
 
 
 
 
4.8
 
343,000

 
148,000

 
195,000

 
100%
 
53.18

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Rego Park II
 
 
 
 
 
 
 
 
 
 
 
 

 
 
 
 
 
 
 
 
 
 
Queens, NY
 
 
 
 
 
 
 
 
 
 
 
 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
145,000

 
145,000

 

 
 
 
 

 
 
 
Costco
 
2034
 
2059
 
 
 
 
 
 
135,000

 
135,000

 

 
 
 
 

 
 
 
Century 21
 
2031
 
2051
 
 
 
 
 
 
133,000

 
133,000

 

 
 
 
 

 
 
 
        Kohl’s (7)
 
2031
 
2051
 
 
 
 
 
 
196,000

 
196,000

 

 
 
 
 

 
 
 
Various
 
Various
 
Various
 
 
 
 
6.6
 
609,000

 
609,000

 

 
92%
 
59.78

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
The Alexander apartment tower, 312 units
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Queens, NY
 
 
255,000

 
255,000

 

 
94%
 
46.19

 
(8)
 
Residential
 
(9)
 
N/A
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Paramus
 
 
 
 
 
 
 
 
 
 
 
 

 
 
 
 
 
 
 
 
 
 
Paramus, NJ
 
30.3
 

 

 

 
100%
 

 
 
 
IKEA (ground lessee)
 
2041
 
N/A
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Flushing
 
 
 
 
 
 
 
 
 
 
 
 

 
 
 
 
 
 
 
 
 
 
Queens, NY (10)
 
1
 
167,000

 
167,000

 

 
100%
 
29.18

 
 
 
New World Mall LLC
 
2027
 
2037
 
Property to be Developed:
 
 
 
 
 
 
 
 
 
 

 
 
 
 
 
 
 
 
 
Rego Park III, adjacent to Rego Park II
 
 
 
 
 
 
 
 
 
 
 
 

 
 
 
 
 
 
 
 
 
 
Queens, NY
 
3.2
 

 

 

 
 

 
 
 
 
 
 
 
 
 
 
 
2,449,000

 
2,230,000

 
219,000

 
 
 
 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(1)
Represents the weighted average escalated annual rent per square foot, which includes tenant reimbursements and excludes the impact of tenant concessions (such as free rent), as of December 31, 2019.  For a discussion of our leasing activity, see Item 7 - Overview - Square Footage, Occupancy and Leasing Activity.
(2)
Represents the year in which the tenant’s lease expires, without consideration of any renewal or extension options. Lease expiration dates are based on non-cancelable lease terms and do not extend beyond any early termination rights that the tenant may have under its lease.
(3)
Represents the year in which the tenant’s lease expires if all renewal or extension options are exercised.
(4)
On September 23, 2019, we entered into a lease agreement with IKEA, replacing a significant portion of the space formerly occupied by Sears. Currently out of service due to redevelopment.
(5)
IKEA has the option to terminate its lease after the fifth year of the lease term subject to payment to us of the lesser of $10,000,000 or the amount of rent due under the remaining term.

(6)
Formerly occupied by Sears. Currently out of service due to redevelopment.

(7)
On April 13, 2019, Kohl’s closed its store at the property. On January 24, 2020, Kohl’s subleased its store to At Home and remains obligated under its lease which expires in January 2031.

(8)
Average monthly rent per unit is $3,150.

(9)
Residential tenants have one or two year leases.

(10)
Ground leased through January 2027 with one 10-year extension option.

 
 

19



Operating Properties
 
731 Lexington Avenue
731 Lexington Avenue, a 1,323,000 square foot multi-use building, comprises the entire block bounded by Lexington Avenue, East 59th Street, Third Avenue and East 58th Street in Manhattan, New York, and is situated in the heart of one of Manhattan’s busiest business and shopping districts, with convenient access to several subway and bus lines. The property is located across the street from Bloomingdale’s flagship store and only a few blocks away from Fifth Avenue and 57th Street.  The building contains 920,000 and 155,000 of net rentable square feet of office and retail space, respectively, which we own, and 248,000 square feet of residential space consisting of 105 condominium units, which we sold.  Bloomberg occupies all of the office space.  The Home Depot (83,000 square feet) and The Container Store (34,000 square feet) are the principal retail tenants.
 
The office portion of 731 Lexington Avenue is encumbered by a mortgage loan with a balance of $500,000,000 as of December 31, 2019.  The interest-only loan is at LIBOR plus 0.90% (2.64% as of December 31, 2019) and matures in June 2020, with four one-year unilateral extension options. In connection therewith, we purchased an interest rate cap with a notional amount of $500,000,000 that caps LIBOR at a rate of 6.0%. 
 
The retail portion of 731 Lexington Avenue is encumbered by a mortgage loan with a balance of $350,000,000 as of December 31, 2019. The interest-only loan is at LIBOR plus 1.40% (3.10% as of December 31, 2019) and matures in August 2020, with two one-year conditional extension options.
 
Rego Park I
Rego Park I, a 343,000 square foot shopping center, located on Queens Boulevard and 63rd Road in Queens. On April 4, 2017, Sears closed its 195,000 square foot anchor store at the property ($10,300,000 of annual revenue). On October 15, 2018, Sears filed for Chapter 11 bankruptcy relief and rejected its lease. On September 23, 2019, we leased 113,000 square feet at the property to IKEA, replacing a significant portion of the space formerly occupied by Sears. The center is also anchored by a 50,000 square foot Burlington, a 46,000 square foot Bed Bath & Beyond and a 36,000 square foot Marshalls. The center contains a parking deck (1,241 spaces) that provides for paid parking.
  
Rego Park II
Rego Park II, a 609,000 square foot shopping center, adjacent to the Rego Park I shopping center in Queens.  The center is anchored by a 145,000 square foot Costco, a 135,000 square foot Century 21 and a 133,000 square foot Kohl’s. On April 13, 2019, Kohl’s closed its store at the property. On January 24, 2020, Kohl’s subleased its store to At Home and remains obligated under its lease which expires in January 2031. The center contains a parking deck (1,326 spaces) that provides for paid parking.

This center is encumbered by a mortgage loan in the amount of $252,544,000. The interest-only loan is at LIBOR plus 1.35% (3.15% as of December 31, 2019) and matures in December 2025. As of December 31, 2019, we have a participation in the mortgage in the amount of $195,708,000 which for GAAP purposes is netted against the mortgage balance. Therefore, the balance sheet amount of the mortgage loan is $56,836,000. On February 14, 2020, we reduced our participation in the mortgage loan to $50,000,000 and received cash proceeds of approximately $145,000,000.

The Alexander Apartment Tower

The Alexander apartment tower, located above our Rego Park II shopping center, contains 312 units aggregating 255,000 square feet.
 

20



Operating Properties - continued

Paramus

We own 30.3 acres of land located at the intersection of Routes 4 and 17 in Paramus, New Jersey.  The land is located directly across from the Garden State Plaza regional shopping mall and is within two miles of three other regional shopping malls and ten miles of New York City.  The land has been ground leased to IKEA Property, Inc. since 2001.  The lease expires in 2041, with a purchase option in 2021 for $75,000,000.  The property is encumbered by a $68,000,000 interest-only mortgage loan with a fixed rate of 4.72%, which matures in October 2021.  The annual triple-net rent is the sum of $700,000 plus the amount of interest on the mortgage loan.  If the purchase option is exercised, we will receive net cash proceeds of approximately $7,000,000 and recognize a gain on sale of land of approximately $60,000,000.  If the purchase option is not exercised, the triple-net rent for the last 20 years would include debt service sufficient to fully amortize $68,000,000 over the remaining 20-year lease term.
 
Flushing
Flushing is located on Roosevelt Avenue and Main Street in the downtown, commercial section of Flushing, Queens, New York.  Roosevelt Avenue and Main Street are active shopping districts and there are many national retailers located in the area.  A subway entrance is located directly in front of the property with bus service across the street.  The property comprises a four-floor building containing 167,000 square feet and a parking garage, which is sub-leased to New World Mall LLC for the remainder of our ground lease term, which expires in 2027 and has one 10-year extension option.
 
Property to be Developed
 
Rego Park III
We own a 140,000 square foot land parcel adjacent to the Rego Park II shopping center in Queens, New York, at the intersection of Junction Boulevard and the Horace Harding Service Road.  The land is currently being used for paid public parking. In 2016, the Company started the entitlement process.


ITEM 3.        LEGAL PROCEEDINGS
We are from time to time involved in legal actions arising in the ordinary course of business.  In our opinion, after consultation with our legal counsel, the outcome of such matters will not have a material effect on our financial condition, results of operations or cash flows. 
 
In June 2014, Sears Roebuck and Co. (“Sears”) filed a lawsuit in the Supreme Court of the State of New York against Vornado and us (and certain of our subsidiaries) with regard to space that Sears leased at our Rego Park I property alleging that the defendants are liable for harm that Sears has suffered as a result of (a) water intrusions into the premises, (b) two fires in February 2014 that caused damages to those premises, and (c) alleged violations of the Americans with Disabilities Act in the premises’ parking garage.  Sears asserted various causes of actions for damages and sought to compel compliance with landlord’s obligations to repair the premises and to provide security, and to compel us to abate a nuisance that Sears claims was a cause of the water intrusions into its premises.  In addition to injunctive relief, Sears sought, among other things, damages of not less than $4,000,000 and future damages it estimated would not be less than $25,000,000. In March 2016, Sears withdrew its claim for future damages leaving a remaining claim for property damages, which we estimate to be approximately $650,000 based on information provided by Sears. We intend to defend the remaining claim vigorously. The amount or range of reasonable possible losses, if any, is not expected to be greater than $650,000. On October 15, 2018, Sears filed for Chapter 11 bankruptcy relief resulting in an automatic stay of this case.

ITEM 4.        MINE SAFETY DISCLOSURES
Not applicable.

21



PART II
 
ITEM 5.     MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES

Our common stock is listed on the New York Stock Exchange under the symbol “ALX.” 
  
As of January 31, 2020, there were 212 holders of record of our common stock. 

 
Recent Sales of Unregistered Securities
 
During 2019, we did not sell any unregistered securities.
 
Information relating to compensation plans under which our equity securities are authorized for issuance is set forth under Part III, Item 12 of this Annual Report on Form 10-K and such information is incorporated by reference herein.
 
 
Recent Purchases of Equity Securities
 
During 2019, we did not repurchase any of our equity securities.


22



Performance Graph
 
The following graph is a comparison of the five-year cumulative return of our common stock, the Standard & Poor’s 500 Index (the “S&P 500 Index”) and the National Association of Real Estate Investment Trusts’ (“NAREIT”) All Equity Index, a peer group index.  The graph assumes that $100 was invested on December 31, 2014 in our common stock, the S&P 500 Index and the NAREIT All Equity Index and that all dividends were reinvested without the payment of any commissions.  There can be no assurance that the performance of our stock will continue in line with the same or similar trends depicted in the graph below.

untitleda04.jpg  

  
 
2014
 
2015
 
2016
 
2017
 
2018
 
2019
Alexander’s
 
$
100

 
$
91

 
$
105

 
$
102

 
$
82

 
$
94

S&P 500 Index
 
100

 
101

 
114

 
138

 
132

 
174

The NAREIT All Equity Index
 
100

 
103

 
112

 
121

 
116

 
150



23



ITEM 6.     SELECTED FINANCIAL DATA
The following table sets forth selected financial and operating data.  This data should be read in conjunction with the consolidated financial statements and notes thereto and “Item 7.  Management’s Discussion and Analysis of Financial Condition and Results of Operations” in this Annual Report on Form 10-K.  This data may not be comparable to, or indicative of, future operating results.
 
 
 
 
Year Ended December 31,
 
(Amounts in thousands, except per share amounts)
 
2019
 
2018
 
2017
 
2016
 
2015
 
 
 
 
 
 
 
 
 
 
 
 
 
Total revenues
 
$
226,350

 
$
232,825

 
$
230,574

 
$
226,936

 
$
207,915

 
 
 
 
 
 
 
 
 
 
 
 
 
Income from continuing operations (1)
 
$
60,075

 
$
56,641

 
$
80,509

 
$
86,477

 
$
76,907

 
Loss from discontinued operations
 

 
(23,797
)
 

 

 

 
Net income
 
$
60,075

 
$
32,844

 
$
80,509

 
$
86,477

 
$
76,907

 
 
 
 
 
 
 
 
 
 
 
 
 
Income per common share:
 
 
 
 
 
 
 
 
 
 

 
Income from continuing operations - basic
 
$
11.74

 
$
11.07

 
$
15.74

 
$
16.91

 
$
15.04

 
Income from continuing operations - diluted
 
11.74

 
11.07

 
15.74

 
16.91

 
15.04

 
Net income per common share - basic
 
11.74

 
6.42

 
15.74

 
16.91

 
15.04

 
Net income per common share - diluted
 
11.74

 
6.42

 
15.74

 
16.91

 
15.04

 
 
 
 
 
 
 
 
 
 
 
 
 
Dividends per common share
 
$
18.00

 
$
18.00

 
$
17.00

 
$
16.00

 
$
14.00

 
 
 
 
 
 
 
 
 
 
 
 
 
Balance sheet data:
 
 
 
 
 
 
 
 
 
 

 
Total assets (2) (3)
 
$
1,265,511

 
$
1,285,549

 
$
1,632,395

 
$
1,451,230

 
$
1,447,808

 
Real estate, at cost
 
1,041,342

 
1,027,691

 
1,037,368

 
1,033,551

 
1,029,472

 
Accumulated depreciation and amortization
 
324,499

 
297,421

 
283,044

 
252,737

 
225,533

 
Mortgages payable, net of deferred debt issuance costs (2)
 
970,961

 
965,826

 
1,240,222

 
1,052,359

 
1,053,262

 
Total equity
 
253,515

 
285,092

 
343,955

 
352,845

 
352,880

 
 
 
 
 
 
 
 
 
 
 
 
(1)
2019 and 2018 include $8,757 and $11,990 of expense, respectively, from the decrease in the fair value of marketable securities. Prior to January 1, 2018, changes in the fair value of marketable securities were recognized through “accumulated other comprehensive loss” on our consolidated balance sheets and did not impact our consolidated statements of income.
(2)
Subsequent to the issuance of our consolidated financial statements for the year ended December 31, 2018, we determined that the $195,708 participation in our Rego Park II shopping center mortgage loan was incorrectly classified as an asset, presented as “Rego Park II loan participation,” instead of as a reduction to “mortgages payable, net of deferred debt issuance costs” on our consolidated balance sheet as of December 31, 2018. Accordingly, our consolidated balance sheet for the year ended December 31, 2018 has been restated to reclassify $195,708 from “Rego Park II loan participation” to “mortgages payable, net of deferred debt issuance costs.” See Note 2 - Summary of Significant Accounting Policies to our consolidated financial statements in this Annual Report on Form 10-K for additional information.
(3)
On January 1, 2019 we adopted Accounting Standards Codification Topic 842, Leases, which required us to record a right-of-use asset of $4,529 as of December 31, 2019. See Note 2 - Summary of Significant Accounting Policies and Note 9 - Leases to our consolidated financial statements in this Annual Report on Form 10-K for additional information.


24



ITEM 7.    MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
Overview

Alexander’s, Inc. (NYSE: ALX) is a real estate investment trust (“REIT”), incorporated in Delaware, engaged in leasing, managing, developing and redeveloping its properties.  All references to “we,” “us,” “our,” “Company” and “Alexander’s” refer to Alexander’s, Inc. and its consolidated subsidiaries.  We are managed by, and our properties are leased and developed by, Vornado Realty Trust (“Vornado”) (NYSE: VNO).  We have seven properties in the greater New York City metropolitan area.
 
We compete with a large number of property owners and developers.  Our success depends upon, among other factors, trends of the global, national and local economies, the financial condition and operating results of current and prospective tenants and customers, the availability and cost of capital, construction and renovation costs, taxes, governmental regulations, legislation, population and employment trends, zoning laws, and our ability to lease, sublease or sell our properties, at profitable levels.  Our success is also subject to our ability to refinance existing debt on acceptable terms as it comes due.
 
Year Ended December 31, 2019 Financial Results Summary
Net income for the year ended December 31, 2019 was $60,075,000 or $11.74 per diluted share, compared to $32,844,000, or $6.42 per diluted share for the year ended December 31, 2018. Net income for the year ended December 31, 2018 included $23,797,000, or $4.65 per diluted share, of expense for potential additional New York City real property transfer taxes on the 2012 sale of Kings Plaza Regional Shopping Center (“Kings Plaza”).

Funds from operations (“FFO”) (non-GAAP) for the year ended December 31, 2019 was $99,670,000, or $19.47 per diluted share, compared to $77,429,000, or $15.13 per diluted share for the year ended December 31, 2018. FFO (non-GAAP) for the year ended December 31, 2018 included $23,797,000, or $4.65 per diluted share, of expense for the Kings Plaza transfer taxes.

Quarter Ended December 31, 2019 Financial Results Summary
Net income for the quarter ended December 31, 2019 was $14,434,000, or $2.82 per diluted share, compared to $9,971,000, or $1.95 per diluted share for the quarter ended December 31, 2018.

FFO (non-GAAP) for the quarter ended December 31, 2019 was $24,626,000, or $4.81 per diluted share, compared to $24,158,000, or $4.72 per diluted share for the quarter ended December 31, 2018.

Square Footage, Occupancy and Leasing Activity
 
As of December 31, 2019, our portfolio was comprised of seven properties aggregating 2,449,000 square feet, of which 2,230,000 square feet was in service and 219,000 square feet (primarily the former Sears space at our Rego Park I shopping center) was out of service due to redevelopment. The in service square feet was 96.5% occupied as of December 31, 2019.

On September 23, 2019, we entered into a 10-year lease agreement with IKEA for 113,000 square feet at our Rego Park I shopping center, replacing a significant portion of the space formerly occupied by Sears. IKEA has the option to terminate this lease after the fifth year of the lease term subject to payment to us of the lesser of $10,000,000 or the amount of rent due under the remaining term.
 
Financing
 
On October 3, 2018, we extended our mortgage loan on our Paramus property. The $68,000,000 interest-only loan has a fixed rate of 4.72% and matures in October 2021. Previously the loan bore interest at a fixed rate of 2.90%. The tenant pays all of the interest on this mortgage loan as part of its rent.
 
On December 12, 2018, we completed a refinancing of our Rego Park II shopping center in the amount of $252,544,000. The interest-only loan is at LIBOR plus 1.35% (3.15% as of December 31, 2019) and matures in December 2025. As of December 31, 2019, we have a participation in the mortgage in the amount of $195,708,000 which for GAAP purposes is netted against the mortgage balance. Therefore, the balance sheet amount of the mortgage loan is $56,836,000. On February 14, 2020, we reduced our participation in the mortgage loan to $50,000,000 and received cash proceeds of approximately $145,000,000.
 

25



Overview - continued

Significant Tenant

Bloomberg accounted for revenue of $109,113,000, $107,356,000, and $105,224,000 in the years ended December 31, 2019, 2018 and 2017, respectively, representing approximately 48%, 46% and 46% of our total revenues in each year, respectively.  No other tenant accounted for more than 10% of our total revenues.  If we were to lose Bloomberg as a tenant, or if Bloomberg were to be unable to fulfill its obligations under its lease, it would adversely affect our results of operations and financial condition.  In order to assist us in our continuing assessment of Bloomberg’s creditworthiness, we receive certain confidential financial information and metrics from Bloomberg.  In addition, we access and evaluate financial information regarding Bloomberg from other private sources, as well as publicly available data.
 
On June 28, 2019, we entered into a lease agreement with Bloomberg for an additional 49,000 square feet at our 731 Lexington Avenue property.

Critical Accounting Policies and Estimates
 
Our financial statements are prepared in conformity with accounting principles generally accepted in the United States of America (“GAAP”), which requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods.  Actual results could differ from those estimates.  Set forth below is a summary of our accounting policies that we believe are critical to the preparation of our consolidated financial statements.  This summary should be read in conjunction with a more complete discussion of our accounting policies included in Note 2 – Summary of Significant Accounting Policies, to the consolidated financial statements in this Annual Report on Form 10-K.
 
Real Estate
 
Real estate is carried at cost, net of accumulated depreciation and amortization.  As of December 31, 2019 and 2018, the carrying amount of our real estate, net of accumulated depreciation and amortization, was $716,843,000 and $730,270,000, respectively.  Maintenance and repairs are expensed as incurred.  Depreciation requires an estimate by management of the useful life of each property and improvement as well as an allocation of the costs associated with a property to its various components. If we do not allocate these costs appropriately or incorrectly estimate the useful lives of our real estate, depreciation expense may be misstated. We capitalize all property operating expenses directly associated with and attributable to, the development and construction of a project, including interest expense. The capitalization period begins when development activities are underway and ends when it is determined that the asset is substantially complete and ready for its intended use, which is typically evidenced by the receipt of a temporary certificate of occupancy. General and administrative costs are expensed as incurred.
 
Our properties, including properties to be developed in the future, are individually reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of the assets may not be recoverable.  An impairment exists when the carrying amount of an asset exceeds the sum of the undiscounted cash flows expected to result from the use and eventual disposition of the asset, including an estimated terminal value calculated using an appropriate capitalization rate.  Estimates of future cash flows are based on our current plans, intended holding periods and available market information at the time the analyses are prepared.  For our development properties, estimates of future cash flows also include all future expenditures necessary to develop the asset, including interest payments that will be capitalized as part of the cost of the asset.  An impairment loss is recognized only if the carrying amount of the asset is not recoverable and is measured based on the excess of the property’s carrying amount over its estimated fair value.  If our estimates of future cash flows, anticipated holding periods, or fair values change, based on market conditions or otherwise, our evaluation of impairment charges may be different and such differences could be material to our consolidated financial statements.  Estimates of future cash flows are subjective and are based, in part, on assumptions regarding future occupancy, rental rates and capital requirements that could differ materially from actual results.  Plans to hold properties over longer periods decrease the likelihood of recording impairment losses.

26



Critical Accounting Policies and Estimates - continued
Revenue Recognition
Our rental revenues include revenues from the leasing of space to tenants at our properties and revenues from parking and tenant services. We have the following revenue recognition policies:

• Lease revenues from the leasing of space to tenants at our properties. Revenues derived from base rent are recognized over the non-cancelable term of the related leases on a straight-line basis which includes the effects of rent steps and rent abatements. We commence rental revenue recognition when the underlying asset is available for use by the lessee. In addition, in circumstances where we provide a tenant improvement allowance for improvements that are owned by the tenant, we recognize the allowance as a reduction of rental revenue on a straight-line basis over the term of the lease. Revenues derived from the reimbursement of real estate taxes, insurance expenses and common area maintenance expenses are generally recognized in the same period as the related expenses are incurred. As lessor, we have elected to combine the lease components (base and variable rent), non-lease components (reimbursements of common area maintenance expenses) and reimbursement of real estate taxes and insurance expenses from our operating lease agreements and account for the components as a single lease component in accordance with ASC Topic 842, Leases (“ASC 842”).

• Parking revenue arising from the rental of parking spaces at our properties. This income is recognized as the services are transferred in accordance with ASC Topic 606, Revenue from Contracts with Customers (“ASC 606”).

Tenant services is revenue arising from sub-metered electric, elevator and other services provided to tenants at their request. This revenue is recognized as the services are transferred in accordance with ASC 606.
 
Income Taxes
We operate in a manner intended to enable us to continue to qualify as a REIT under Sections 856 – 860 of the Internal Revenue Code of 1986, as amended (the “Code”).  In order to maintain our qualification as a REIT under the Code, we must distribute at least 90% of our taxable income to stockholders each year.  We distribute to our stockholders 100% of our taxable income and therefore, no provision for Federal income taxes is required.  If we fail to distribute the required amount of income to our stockholders, or fail to meet other REIT requirements, we may fail to qualify as a REIT, which may result in substantial adverse tax consequences.


27



Results of Operations – Year Ended December 31, 2019 compared to December 31, 2018
 
Rental Revenues
Rental revenues were $226,350,000 in the year ended December 31, 2019, compared to $232,825,000 in the prior year, a decrease of $6,475,000.  This decrease was primarily due to the Sears vacancy effective October 2018 at our Rego Park I property. 
Operating Expenses
Operating expenses were $89,738,000 in the year ended December 31, 2019, compared to $93,775,000 in the prior year, a decrease of $4,037,000.  This decrease was primarily due to bad debt expense in the prior year of $4,459,000, primarily due to the Sears bankruptcy and lease termination.
 
Depreciation and Amortization
Depreciation and amortization was $31,351,000 in the year ended December 31, 2019, compared to $33,089,000 in the prior year, a decrease of $1,738,000. This decrease was primarily due to acceleration of depreciation and amortization in the prior year related to the Toys “R” Us, Inc. (“Toys”) bankruptcy and lease termination at our Rego Park II property.
 
General and Administrative Expenses
General and administrative expenses were $5,772,000 in the year ended December 31, 2019, compared to $5,343,000 in the prior year, an increase of $429,000. This increase was primarily due to higher professional fees.
 
Interest and Other Income, net
Interest and other income, net was $8,244,000 in the year ended December 31, 2019, compared to $12,546,000 in the prior year, a decrease of $4,302,000. This decrease was primarily due to (i) $7,126,000 of interest income in the prior year from our Rego Park II loan participation (on December 12, 2018, we refinanced our $252,544,000 Rego Park II shopping center mortgage loan and GAAP required that our $195,708,000 loan participation be treated as an extinguishment of debt), partially offset by (ii) $1,364,000 of higher interest income due to an increase in average interest rates and (iii) $1,600,000 of expense in the prior year from a litigation settlement.
 
Interest and Debt Expense
Interest and debt expense was $38,901,000 in the year ended December 31, 2019, compared to $44,533,000 in the prior year, a decrease of $5,632,000. This decrease was primarily due to $7,178,000 of lower interest expense due to the refinancing of our Rego Park II shopping center loan, partially offset by $1,810,000 of higher interest expense resulting from an increase in average interest rates.
  
Change in Fair Value of Marketable Securities
Change in fair value of marketable securities was an expense of $8,757,000 in the year ended December 31, 2019, resulting from Macerich’s closing share prices of $26.92 and $43.28 as of December 31, 2019 and 2018, respectively, on 535,265 shares owned. Change in fair value of marketable securities was an expense of $11,990,000 in the prior year, resulting from Macerich’s closing share prices of $43.28 and $65.68 as of December 31, 2018 and 2017, respectively.
 
Loss from Discontinued Operations
Loss from discontinued operations was $23,797,000 in the year ended December 31, 2018. The loss was due to an expense for potential additional real property transfer taxes from the 2012 sale of Kings Plaza. See Note 6 – Discontinued Operations, to our consolidated financial statements in this Annual Report on Form 10-K.

28



Results of Operations – Year Ended December 31, 2018 compared to December 31, 2017
 
Rental Revenues
Rental revenues were $232,825,000 in the year ended December 31, 2018, compared to $230,574,000 in the prior year, an increase of $2,251,000.  This increase was primarily due to (i) higher revenue from a new restaurant tenant at our 731 Lexington property and (ii) higher expense reimbursements, partially offset by (iii) lower revenue from Sears at our Rego Park I property and Toys at our Rego Park II property.
 
Operating Expenses
Operating expenses were $93,775,000 in the year ended December 31, 2018, compared to $85,127,000 in the prior year, an increase of $8,648,000.  This increase was primarily due to (i) higher bad debt expense of $4,406,000, (ii) higher real estate taxes of $2,180,000 and (iii) higher operating expenses of $1,664,000.
 
Depreciation and Amortization
Depreciation and amortization was $33,089,000 in the year ended December 31, 2018, compared to $34,925,000 in the prior year, a decrease of $1,836,000. This decrease was primarily due to additional depreciation and amortization of tenant improvements and deferred leasing costs of $2,444,000 related to a tenant lease termination at our 731 Lexington Avenue property in 2017.
 
General and Administrative Expenses
General and administrative expenses were $5,343,000 in the year ended December 31, 2018, compared to $5,255,000 in the prior year, an increase of $88,000.
 
Interest and Other Income, net
Interest and other income, net was $12,546,000 in the year ended December 31, 2018, compared to $6,716,000 in the prior year, an increase of $5,830,000. This increase was primarily due to (i) $4,673,000 of higher interest income from the Rego Park II loan participation entered into in July 2017 and (ii) $3,693,000 of higher interest income due to an increase in average interest rates, partially offset by (iii) $1,600,000 of expense in 2018 from a litigation settlement and (iv) $760,000 of lower interest income due to lower average investment balances.
 
Interest and Debt Expense
Interest and debt expense was $44,533,000 in the year ended December 31, 2018, compared to $31,474,000 in the prior year, an increase of $13,059,000.  This increase was primarily due to (i) $8,482,000 resulting from an increase in average interest rates, (ii) $2,620,000 resulting from the refinancing of the office portion of 731 Lexington Avenue on June 1, 2017 for $500,000,000 at LIBOR plus 0.90% (previously a $300,000,000 loan at LIBOR plus 0.95%) and (iii) $1,641,000 of higher amortization of debt issuance costs.
  
Change in Fair Value of Marketable Securities
Change in fair value of marketable securities was an expense of $11,990,000 in the year ended December 31, 2018, resulting from Macerich’s closing share prices of $43.28 and $65.68 as of December 31, 2018 and 2017, respectively, on 535,265 shares owned.
 
Loss from Discontinued Operations
Loss from discontinued operations was $23,797,000 in the year ended December 31, 2018. The loss was due to an expense for potential additional real property transfer taxes from the 2012 sale of Kings Plaza. See Note 6 – Discontinued Operations, to our consolidated financial statements in this Annual Report on Form 10-K.


29



Related Party Transactions
 
Vornado
As of December 31, 2019, Vornado owned 32.4% of our outstanding common stock.  We are managed by, and our properties are leased and developed by, Vornado, pursuant to various agreements, which expire in March of each year and are automatically renewable.  These agreements are described in Note 4 – Related Party Transactions, to our consolidated financial statements in this Annual Report on Form 10-K.
 
Steven Roth is the Chairman of our Board of Directors and Chief Executive Officer, the Managing General Partner of Interstate Properties (“Interstate”), a New Jersey general partnership, and the Chairman of the Board of Trustees and Chief Executive Officer of Vornado.  As of December 31, 2019, Mr. Roth, Interstate and its other two general partners, David Mandelbaum and Russell B. Wight, Jr. (who are also directors of the Company and trustees of Vornado) owned, in the aggregate, 26.1% of our outstanding common stock, in addition to the 2.3% they indirectly own through Vornado. Joseph Macnow, our Treasurer, is the Executive Vice President - Chief Financial Officer and Chief Administrative Officer of Vornado. Matthew Iocco, our Chief Financial Officer, is the Executive Vice President - Chief Accounting Officer of Vornado. 

Toys
Our affiliate, Vornado, owned 32.5% of Toys as of December 31, 2018. On February 1, 2019, in connection with the Toys Chapter 11 bankruptcy, the plan of reorganization for Toys was declared effective and Vornado’s ownership in Toys was canceled and Toys’ Board of Directors was dissolved. Joseph Macnow, Vornado’s Executive Vice President and Chief Financial Officer and Wendy A. Silverstein, a member of our Board of Directors, represented Vornado as members of Toys’ Board of Directors. Also in connection with the Toys Chapter 11 bankruptcy, Toys rejected its 47,000 square foot lease at our Rego Park II shopping center ($2,600,000 of annual revenue) effective June 30, 2018 and possession of the space was returned to us.

Liquidity and Capital Resources
 
Property rental income is our primary source of cash flow and is dependent on a number of factors including the occupancy level and rental rates of our properties, as well as our tenants’ ability to pay their rents.  Our properties provide us with a relatively consistent stream of cash flow that enables us to pay our operating expenses, interest expense, recurring capital expenditures and cash dividends to stockholders.  Other sources of liquidity to fund cash requirements include our existing cash, proceeds from financings, including mortgage or construction loans secured by our properties and proceeds from asset sales. We anticipate that cash flows from continuing operations over the next twelve months, together with existing cash balances, will be adequate to fund our business operations, cash dividends to stockholders and capital expenditures.
 
Dividends
 
On January 15, 2020, we set our regular quarterly dividend to $4.50 per share (an indicated annual rate of $18.00 per share).  The dividend, if declared by the Board of Directors for all of 2020, would require us to pay out approximately $92,100,000.
 
Financing Activities and Contractual Obligations

On October 3, 2018, we extended our mortgage loan on our Paramus property. The $68,000,000 interest-only loan has a fixed rate of 4.72% and matures in October 2021. Previously the loan bore interest at a fixed rate of 2.90%. The tenant pays all of the interest on this mortgage loan as part of its rent.
On December 12, 2018, we completed a refinancing of our Rego Park II shopping center in the amount of $252,544,000. The interest-only loan is at LIBOR plus 1.35% (3.15% as of December 31, 2019) and matures in December 2025. As of December 31, 2019, we have a participation in the mortgage in the amount of $195,708,000 which for GAAP purposes is netted against the mortgage balance. Therefore, the balance sheet amount of the mortgage loan is $56,836,000. On February 14, 2020, we reduced our participation in the mortgage loan to $50,000,000 and received cash proceeds of approximately $145,000,000.



30



Liquidity and Capital Resources - continued

Below is a summary of our outstanding debt and maturities as of December 31, 2019.  We may refinance our maturing debt as it comes due or choose to repay it.
 
 
 
 Balance
 
Interest Rate
 
Maturity
(Amounts in thousands)
 
 
 
Paramus
 
$
68,000

 
4.72
%
 
Oct. 2021
731 Lexington Avenue, retail condominium(1)
 
350,000

 
3.10
%
 
Aug. 2022
731 Lexington Avenue, office condominium(2)
 
500,000

 
2.64
%
 
Jun. 2024
Rego Park II shopping center(3)
 
56,836

 
3.15
%
 
Dec. 2025
Total
 
974,836

 
 
 
 
Deferred debt issuance costs, net of accumulated amortization of $14,362
 
(3,875
)
 
 
 
 
Total, net
 
$
970,961

 
 
 
 
 
 
 
 
 
 
 
(1)   Interest at LIBOR plus 1.40%. Maturity date represents the extended maturity based on our conditional right to extend.
(2)   Interest at LIBOR plus 0.90%. Maturity date represents the extended maturity based on our unilateral right to extend.
(3)   Interest at LIBOR plus 1.35%. The amount of this loan is net of our $195,708 loan participation (see Note 2 - Summary of Significant Accounting Policies, to our consolidated financial statements in this Annual Report on Form 10-K).
 
Below is a summary of our contractual obligations and commitments as of December 31, 2019.
 
 
 
 
 
 
 
Less than
 
One to
 
Three to
 
More than
(Amounts in thousands)
 
Total
 
One Year
 
Three Years
 
Five Years
 
Five Years
Contractual obligations(1) (principal and interest)(2):
 
 
 
 
 
 
 
 
 
 
 
 
Long-term debt obligations(3)
 
$
1,079,915

 
$
29,525

 
$
469,147

 
$
522,592

 
$
58,651

 
 
Operating lease obligations
 
5,600

 
800

 
1,600

 
1,600

 
1,600

 
 
 
 
$
1,085,515

 
$
30,325

 
$
470,747

 
$
524,192

 
$
60,251

Commitments:
 
 
 
 
 
 
 
 
 
 

 
 
Standby letters of credit
 
$
1,030

 
$
960

 
$
70

 
$

 
$

 
 
 
 
 
 
 
 
 
 
 
 
 
(1)
 
Excludes committed tenant-related obligations as timing and amounts of payments are uncertain and may only be due upon satisfactory performance of certain conditions.

(2)
 
Principal repayments based on extended loan maturity dates. Interest on variable rate debt is computed using rates in effect as of December 31, 2019.
(3)
 
Net of loan participation and related interest.


Commitments and Contingencies
 
Insurance  
We maintain general liability insurance with limits of $300,000,000 per occurrence and per property, and all-risk property and rental value insurance coverage with limits of $1.7 billion per occurrence, including coverage for acts of terrorism, with sub-limits for certain perils such as floods and earthquakes on each of our properties.
 
Fifty Ninth Street Insurance Company, LLC (“FNSIC”), our wholly owned consolidated subsidiary, acts as a direct insurer for coverage for acts of terrorism, including nuclear, biological, chemical and radiological (“NBCR”) acts, as defined by the Terrorism Risk Insurance Act of 2002, as amended to date and which has been extended through December 2027.  Coverage for acts of terrorism (including NBCR acts) is up to $1.7 billion per occurrence and in the aggregate.  Coverage for acts of terrorism (excluding NBCR acts) is fully reinsured by third party insurance companies and the Federal government with no exposure to FNSIC.  For NBCR acts, FNSIC is responsible for a $268,000 deductible and 20% of the balance of a covered loss, and the Federal government is responsible for the remaining 80% of a covered loss.  We are ultimately responsible for any loss incurred by FNSIC.

31



Liquidity and Capital Resources - continued

We continue to monitor the state of the insurance market and the scope and costs of coverage for acts of terrorism or other events.  However, we cannot anticipate what coverage will be available on commercially reasonable terms in the future.  We are responsible for uninsured losses and for deductibles and losses in excess of our insurance coverage, which could be material.
 
Our mortgage loans are non-recourse to us and contain customary covenants requiring us to maintain insurance.  Although we believe that we have adequate insurance coverage for purposes of these agreements, we may not be able to obtain an equivalent amount of coverage at reasonable costs in the future.  Further, if lenders insist on greater coverage than we are able to obtain, it could adversely affect our ability to finance or refinance our properties.

Paramus
In 2001, we leased 30.3 acres of land located in Paramus, New Jersey to IKEA. The lease has a purchase option in 2021 for $75,000,000. The property is encumbered by a $68,000,000 interest-only mortgage loan with a fixed rate of 4.72%, which matures in October 2021. The annual triple-net rent is the sum of $700,000 plus the amount of interest on the mortgage loan. If the purchase option is exercised, we will receive net cash proceeds of approximately $7,000,000 and recognize a gain on sale of land of approximately $60,000,000. If the purchase option is not exercised, the triple-net rent for the last 20 years would include debt service sufficient to fully amortize $68,000,000 over the remaining 20-year lease term.

Rego Park I Litigation
In June 2014, Sears filed a lawsuit in the Supreme Court of the State of New York against Vornado and us (and certain of our subsidiaries) with regard to space that Sears leased at our Rego Park I property alleging that the defendants are liable for harm that Sears has suffered as a result of (a) water intrusions into the premises, (b) two fires in February 2014 that caused damages to those premises, and (c) alleged violations of the Americans with Disabilities Act in the premises’ parking garage.  Sears asserted various causes of actions for damages and sought to compel compliance with landlord’s obligations to repair the premises and to provide security, and to compel us to abate a nuisance that Sears claims was a cause of the water intrusions into its premises.  In addition to injunctive relief, Sears sought, among other things, damages of not less than $4,000,000 and future damages it estimated would not be less than $25,000,000. In March 2016, Sears withdrew its claim for future damages leaving a remaining claim for property damages, which we estimate to be approximately $650,000 based on information provided by Sears. We intend to defend the remaining claim vigorously. The amount or range of reasonable possible losses, if any, is not expected to be greater than $650,000. On October 15, 2018, Sears filed for Chapter 11 bankruptcy relief resulting in an automatic stay of this case.
 
Tenant Matter

On April 13, 2019, Kohl’s closed its 133,000 square foot store at our Rego Park II shopping center. On January 24, 2020, Kohl’s subleased its store to At Home and remains obligated under its lease which expires in January 2031.
Letters of Credit
Approximately $1,030,000 of standby letters of credit were issued and outstanding as of December 31, 2019.
 
Other
There are various other legal actions against us in the ordinary course of business. In our opinion, the outcome of such matters in the aggregate will not have a material effect on our financial position, results of operations or cash flows.
 
 

32



Liquidity and Capital Resources - continued
Cash Flows for the Year Ended December 31, 2019
Cash and cash equivalents and restricted cash were $313,977,000 at December 31, 2019, compared to $289,495,000 at December 31, 2018, an increase of $24,482,000. This increase resulted from (i) $126,070,000 of net cash provided by operating activities, partially offset by (ii) $92,139,000 of net cash used in financing activities and (iii) $9,449,000 of net cash used in investing activities.
Net cash provided by operating activities of $126,070,000 was comprised of (i) net income of $60,075,000, (ii) adjustments for non-cash items of $48,079,000 and (iii) the net change in operating assets and liabilities of $17,916,000. The adjustments for non-cash items were comprised of (i) depreciation and amortization (including amortization of debt issuance costs) of $36,515,000, (ii) the change in fair value of marketable securities of $8,757,000, (iii) straight-lining of rental income of $2,413,000 and (iv) stock-based compensation expense of $394,000.
Net cash used in financing activities was primarily comprised of dividends paid of $92,124,000.
Net cash used in investing activities was comprised of construction in progress and real estate additions of $9,449,000.
Cash Flows for the Year Ended December 31, 2018
Cash and cash equivalents and restricted cash were $289,495,000 at December 31, 2018, compared to $393,279,000 at December 31, 2017, a decrease of $103,784,000. This decrease resulted from (i) $176,185,000 of net cash used in financing activities and (ii) $1,137,000 of net cash used in investing activities, partially offset by (iii) $73,538,000 of net cash provided by operating activities.
Net cash used in financing activities of $176,185,000 was primarily comprised of net debt repayments of $81,896,000 (primarily the refinancing and subsequent repayment of the mortgage loan on our Rego Park I shopping center) and dividends paid of $92,100,000.
Net cash used in investing activities of $1,137,000 was comprised of construction in progress and real estate additions of $3,966,000, partially offset by repayment of Rego Park II loan participation of $2,829,000.
Net cash provided by operating activities of $73,538,000 was comprised of (i) net income of $32,844,000 and (ii) adjustments for non-cash items of $56,807,000, partially offset by (iii) the net change in operating assets and liabilities of $16,113,000. The adjustments for non-cash items were comprised of (i) depreciation and amortization (including amortization of debt issuance costs) of $38,499,000, (ii) the change in fair value of marketable securities of $11,990,000, (iii) straight-lining of rental income of $5,924,000 and (iv) stock-based compensation expense of $394,000.
Cash Flows for the Year Ended December 31, 2017
Cash and cash equivalents and restricted cash were $393,279,000 at December 31, 2017, compared to $374,678,000 at December 31, 2016, an increase of $18,601,000. This increase resulted from (i) $123,426,000 of net cash provided by operating activities and (ii) $97,146,000 of net cash provided by financing activities, partially offset by (iii) $201,971,000 of net cash used in investing activities.
Net cash provided by operating activities of $123,426,000 was comprised of (i) net income of $80,509,000 and (ii) adjustments for non-cash items of $43,372,000, partially offset by (iii) the net change in operating assets and liabilities of $455,000. The adjustments for non-cash items were comprised of (i) depreciation and amortization (including amortization of debt issuance costs) of $38,681,000, (ii) straight-lining of rental income of $4,297,000 and (iii) stock-based compensation expense of $394,000.
Net cash provided by financing activities of $97,146,000 was primarily comprised of (i) $500,000,000 of proceeds from the refinancing of the office portion of 731 Lexington Avenue, partially offset by (ii) debt repayments of $303,707,000 (primarily the repayment of the former loan on the office portion of 731 Lexington Avenue) and (iii) dividends paid of $86,961,000.
Net cash used in investing activities of $201,971,000 was comprised of (i) Rego Park II loan participation of $200,000,000 and (ii) construction in progress and real estate additions of $3,434,000, partially offset by (iii) principal repayment proceeds from the Rego Park II loan participation of $1,463,000.


33



Funds from Operations (“FFO”) (non-GAAP)
 
FFO is computed in accordance with the December 2018 restated definition adopted by the Board of Governors of the National Association of Real Estate Investment Trusts (“NAREIT”). NAREIT defines FFO as GAAP net income or loss adjusted to exclude net gains from sales of depreciable real estate assets, real estate impairment losses, depreciation and amortization expense from real estate assets and other specified items, including the pro rata share of such adjustments of unconsolidated subsidiaries. FFO and FFO per diluted share are used by management, investors and analysts to facilitate meaningful comparisons of operating performance between periods and among our peers because it excludes the effect of real estate depreciation and amortization and net gains on sales, which are based on historical costs and implicitly assume that the value of real estate diminishes predictably over time, rather than fluctuating based on existing market conditions. FFO does not represent cash generated from operating activities and is not necessarily indicative of cash available to fund cash requirements and should not be considered as an alternative to net income as a performance measure or cash flow as a liquidity measure. FFO may not be comparable to similarly titled measures employed by other companies. A reconciliation of our net income to FFO is provided below.

FFO (non-GAAP) for the years and quarters ended December 31, 2019 and 2018

FFO (non-GAAP) for the year ended December 31, 2019 was $99,670,000, or $19.47 per diluted share, compared to $77,429,000, or $15.13 per diluted share for the year ended December 31, 2018. FFO (non-GAAP) for the year ended December 31, 2018 included $23,797,000, or $4.65 per diluted share, of expense for the potential additional New York City real property transfer taxes on the 2012 sale of Kings Plaza.

FFO (non-GAAP) for the quarter ended December 31, 2019 was $24,626,000, or $4.81 per diluted share, compared to $24,158,000, or $4.72 per diluted share for the quarter ended December 31, 2018.

The following table reconciles our net income to FFO (non-GAAP):
 
 
 
For the Year Ended
 
For the Three Months Ended
(Amounts in thousands, except share and per share amounts)
 
December 31,
 
December 31,
 
 
2019
 
2018
 
2019
 
2018
Net income
 
$
60,075

 
$
32,844

 
$
14,434

 
$
9,971

Depreciation and amortization of real property
 
30,838

 
32,595

 
7,692

 
7,758

Change in fair value of marketable securities
 
8,757

 
11,990

 
2,500

 
6,429

FFO (non-GAAP)
 
$
99,670

 
$
77,429

 
$
24,626

 
$
24,158

 
 
 
 
 
 
 
 
 
FFO per diluted share (non-GAAP)
 
$
19.47

 
$
15.13

 
$
4.81

 
$
4.72

 
 
 
 
 
 
 
 
 
Weighted average shares used in computing FFO per diluted share
 
5,118,198

 
5,116,838

 
5,118,698

 
5,117,347



34



ITEM 7A.     QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
We have exposure to fluctuations in interest rates, which are sensitive to many factors that are beyond our control.  Our exposure to a change in interest rates is summarized in the table below.
 
 
 
2019
 
2018
 
 
December 31, Balance
 
Weighted Average Interest Rate
 
Effect of 1% Change in Base Rates
 
December 31, Balance
 
Weighted Average Interest Rate
 
 
 
 
 
 
(Amounts in thousands, except per share amounts)
 
 
 
 
 
Variable rate
 
$
906,836

 
2.85%
 
$
9,068

 
$
906,836

 
3.55%
Fixed rate
 
68,000

 
4.72%
 

 
68,000

 
4.72%
 
 
$
974,836

 
2.98%
 
$
9,068

 
$
974,836

 
3.64%
 
 
 
 
 
 
 
 
 
 
 
Total effect on diluted earnings per share
 
 
 
 
 
$
1.77

 
 
 
 
 
As of December 31, 2019 we had an interest rate cap with a notional amount of $500,000,000 that caps LIBOR at a rate of 6.0%.
 
 
Fair Value of Debt
 
The fair value of our consolidated debt is calculated by discounting the future contractual cash flows of these instruments using current risk-adjusted rates available to borrowers with similar credit ratings, which are provided by a third-party specialist.  As of December 31, 2019 and 2018, the estimated fair value of our consolidated debt was $974,000,000 and $969,000,000, respectively.  Our fair value estimates, which are made at the end of the reporting period, may be different from the amounts that may ultimately be realized upon the disposition of our financial instruments.

35



ITEM 8.        FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
 
Index to Consolidated Financial Statements
Page
Number
 
 
 
 
 
Report of Independent Registered Public Accounting Firm
 
 
 
 
Consolidated Balance Sheets as of December 31, 2019 and 2018
 
 
 
 
Consolidated Statements of Income for the
 
 
Years Ended December 31, 2019, 2018 and 2017
 
 
 
 
Consolidated Statements of Comprehensive Income for the
 
 
Years Ended December 31, 2019, 2018 and 2017
 
 
 
 
Consolidated Statements of Changes in Equity for the
 
 
Years Ended December 31, 2019, 2018 and 2017
 
 
 
 
Consolidated Statements of Cash Flows for the
 
 
Years Ended December 31, 2019, 2018 and 2017
 
 
 
 
Notes to Consolidated Financial Statements

36



REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Stockholders and the Board of Directors of
Alexander’s, Inc.
Paramus, New Jersey

Opinion on the Financial Statements

We have audited the accompanying consolidated balance sheets of Alexander’s, Inc. and subsidiaries (the “Company”) as of December 31, 2019 and 2018, the related consolidated statements of income, comprehensive income, changes in equity, and cash flows, for each of the three years in the period ended December 31, 2019, and the related notes and the schedules listed in the Index at Item 15 (collectively, the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2019 and 2018, and the results of its operations and its cash flows for each of the three years in the period ended December 31, 2019, in conformity with accounting principles generally accepted in the United States of America.

We have also audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), the Company’s internal control over financial reporting as of December 31, 2019, based on criteria established in Internal Control - Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission and our report dated February 18, 2020, expressed an unqualified opinion on the Company’s internal control over financial reporting.

Basis for Opinion

These financial statements are the responsibility of the Company’s management. Our responsibility is to express an opinion on the Company’s financial statements based on our audits. We are a public accounting firm registered with the PCAOB and are required to be independent with respect to the Company in accordance with the US federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.

Critical Audit Matter

The critical audit matter communicated below is a matter arising from the current-period audit of the financial statements that was communicated or required to be communicated to the audit committee and that (1) relates to accounts or disclosures that are material to the financial statements and (2) involved our especially challenging, subjective, or complex judgments. The communication of critical audit matters does not alter in any way our opinion on the financial statements, taken as a whole, and we are not, by communicating the critical audit matter below, providing a separate opinion on the critical audit matter or on the accounts or disclosures to which it relates.

Real Estate - Refer to Note 2 to the financial statements
Critical Audit Matter Description
The Company’s real estate assets are evaluated for impairment when events or changes in circumstances indicate that the carrying amount may not be recoverable. The Company’s evaluation of the recoverability of real estate assets involves the comparison of undiscounted future cash flows expected to be generated by each real estate asset over the Company’s estimated holding period to the respective carrying amount. The Company’s undiscounted future cash flow analyses require management to make certain estimates, including estimated terminal values determined using appropriate capitalization rates.


37



Given that the Company’s estimated capitalization rates used in the evaluation of impairment of real estate assets is a significant assumption made by management, performing audit procedures to evaluate the reasonableness of management’s undiscounted future cash flow analyses required a high degree of auditor judgment and an increased extent of effort, including the need to involve our fair value specialists.
How the Critical Audit Matter Was Addressed in the Audit
Our audit procedures related to the determination of capitalization rates included the following, among others:
We tested the design and operating effectiveness of controls over impairment, including those of determining the appropriate capitalization rates.
With the assistance of our fair value specialists, we evaluated the capitalization rates for real estate assets with possible impairment indicators by evaluating the source information and assumptions used by management.
We evaluated the reasonableness of management’s capitalization rates used by developing independent estimates of capitalization rates, focusing on geographical location and property type, and comparing our independent estimates to those used by the Company.


/s/ DELOITTE & TOUCHE LLP


Parsippany, New Jersey
February 18, 2020

We have served as the Company’s auditor since 1969.


38



ALEXANDER’S, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(Amounts in thousands, except share and per share amounts)
 
 
 
December 31,
ASSETS
2019
 
2018
Real estate, at cost:
 
 
 

Land
$
44,971

 
$
44,971

Buildings and leasehold improvements
984,053

 
978,474

Development and construction in progress
12,318

 
4,246

Total
1,041,342

 
1,027,691

Accumulated depreciation and amortization
(324,499
)
 
(297,421
)
Real estate, net
716,843

 
730,270

Cash and cash equivalents
298,063

 
283,056

Restricted cash
15,914

 
6,439

Marketable securities
14,409

 
23,166

Tenant and other receivables
6,092

 
4,075

Receivable arising from the straight-lining of rents
166,376

 
168,789

Deferred lease and other property costs, net, including unamortized leasing fees to Vornado of
 
 
 
$32,374 and $31,039, respectively
41,123

 
40,669

Other assets
6,691

 
29,085

 
$
1,265,511

 
$
1,285,549

 
 
 
 
LIABILITIES AND EQUITY
 
 
 
Mortgages payable, net of deferred debt issuance costs
$
970,961

 
$
965,826

Amounts due to Vornado
1,426

 
708

Accounts payable and accrued expenses
31,756

 
30,889

Other liabilities
7,853

 
3,034

Total liabilities
1,011,996

 
1,000,457

 
 
 
 
Commitments and contingencies


 


 
 
 
 
Preferred stock: $1.00 par value per share; authorized, 3,000,000 shares;
 
 
 
issued and outstanding, none

 

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
216,394

 
248,443

Accumulated other comprehensive loss
(49
)
 
(127
)
 
253,883

 
285,460

Treasury stock: 66,160 shares, at cost
(368
)
 
(368
)
Total equity
253,515

 
285,092

 
$
1,265,511

 
$
1,285,549


See notes to consolidated financial statements.

39



ALEXANDER’S, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF INCOME
(Amounts in thousands, except share and per share amounts)
 
 
 
Year Ended December 31,
 
2019
 
2018
 
2017
REVENUES
 
 
 

 
 
Rental revenues
$
226,350

 
$
232,825

 
$
230,574

EXPENSES
 
 
 
 
 
Operating, including fees to Vornado of $5,386, $4,700 and $4,671, respectively
(89,738
)
 
(93,775
)
 
(85,127
)
Depreciation and amortization
(31,351
)
 
(33,089
)
 
(34,925
)
General and administrative, including management fees to Vornado of $2,380
 
 
 
 
 
in each year
(5,772
)
 
(5,343
)
 
(5,255
)
Total expenses
(126,861
)
 
(132,207
)
 
(125,307
)
 
 
 
 
 
 
Interest and other income, net
8,244

 
12,546

 
6,716

Interest and debt expense
(38,901
)
 
(44,533
)
 
(31,474
)
Change in fair value of marketable securities (see Note 5)
(8,757
)
 
(11,990
)
 

Income from continuing operations
60,075

 
56,641

 
80,509

Loss from discontinued operations (see Note 6)

 
(23,797
)
 

Net income
$
60,075

 
$
32,844

 
$
80,509

 
 
 
 
 
 
Income per common share - basic and diluted:
 
 
 
 
 
Income from continuing operations
$
11.74

 
$
11.07

 
$
15.74

Loss from discontinued operations (see Note 6)

 
(4.65
)
 

Net income per common share
$
11.74

 
$
6.42

 
$
15.74

 
 
 
 
 
 
Weighted average shares outstanding- basic and diluted
5,118,198

 
5,116,838

 
5,115,501


See notes to consolidated financial statements.

40



ALEXANDER’S, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
(Amounts in thousands)
 
 
 
Year Ended December 31,
 
2019
 
2018
 
2017
Net income
$
60,075

 
$
32,844

 
$
80,509

Other comprehensive income (loss):
 
 
 
 
 
Change in fair value of marketable securities (see Note 5)

 

 
(2,762
)
Change in value of interest rate cap
78

 
(1
)
 
(70
)
Comprehensive income
$
60,153

 
$
32,843

 
$
77,677


See notes to consolidated financial statements.

41



ALEXANDER’S, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY
(Amounts in thousands)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Accumulated
Other
Comprehensive
Income (Loss)
 
 
 
 
 
Common Stock
 
Additional
Capital
 
Retained
Earnings
 
 
Treasury
Stock
 
Total
Equity
 
Shares
 
Amount
 
 
 
 
 
Balance, December 31, 2016
5,173

 
$
5,173

 
$
31,189

 
$
308,995

 
$
7,862

 
$
(374
)
 
$
352,845

Net income

 

 

 
80,509

 

 

 
80,509

Dividends paid ($17.00 per common share)

 

 

 
(86,961
)
 

 

 
(86,961
)
Change in fair value of marketable securities

 

 

 

 
(2,762
)
 

 
(2,762
)
Change in fair value of interest rate cap

 

 

 

 
(70
)
 

 
(70
)
Deferred stock unit grants

 

 
394

 

 

 

 
394

Other

 

 
(6
)
 

 

 
6

 

Balance, December 31, 2017
5,173


5,173


31,577


302,543


5,030


(368
)

343,955

Net income

 

 

 
32,844

 

 

 
32,844

Dividends paid ($18.00 per common share)

 

 

 
(92,100
)
 

 

 
(92,100
)
Cumulative effect of change in accounting
 
 
 
 
 
 
 
 
 
 
 
 
 
principle

 

 

 
5,156

 
(5,156
)
 

 

Change in fair value of interest rate cap

 

 

 

 
(1
)
 
 
 
(1
)
Deferred stock unit grants

 

 
394

 

 

 

 
394

Balance, December 31, 2018
5,173


5,173


31,971


248,443


(127
)

(368
)

285,092

Net income

 

 

 
60,075

 

 

 
60,075

Dividends paid ($18.00 per common share)

 

 

 
(92,124
)
 

 

 
(92,124
)
Change in fair value of interest rate cap

 

 

 

 
78

 

 
78

Deferred stock unit grants

 

 
394

 

 

 

 
394

Balance, December 31, 2019
5,173


$
5,173


$
32,365


$
216,394


$
(49
)

$
(368
)

$
253,515


See notes to consolidated financial statements.

42



ALEXANDER’S, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CASH FLOWS
(Amounts in thousands)
 
 
 
Year Ended December 31,
 
2019
 
2018
 
2017
CASH FLOWS FROM OPERATING ACTIVITIES
 
 
 
 
 

Net income
$
60,075

 
$
32,844

 
$
80,509

Adjustments to reconcile net income to net cash provided by operating activities:
 
 
 
 
 
Depreciation and amortization, including amortization of debt issuance costs
36,515

 
38,499

 
38,681

Straight-lining of rental income
2,413

 
5,924

 
4,297

Stock-based compensation expense
394

 
394

 
394

Change in fair value of marketable securities
8,757

 
11,990

 

Change in operating assets and liabilities:
 
 
 
 
 
Tenant and other receivables, net
(2,017
)
 
(1,382
)
 
363

Other assets
21,553

 
(1,197
)
 
(2,627
)
Amounts due to Vornado
789

 
(1,907
)
 
1,626

Accounts payable and accrued expenses
(1,800
)
 
(11,760
)
 
211

Other liabilities
(609
)
 
133

 
(28
)
Net cash provided by operating activities
126,070

 
73,538

 
123,426

 
 
 
 
 
 
CASH FLOWS FROM INVESTING ACTIVITIES
 
 
 
 
 
Construction in progress and real estate additions
(9,449
)
 
(3,966
)
 
(3,434
)
Rego Park II loan participation

 

 
(200,000
)
Repayment of Rego Park II loan participation

 
2,829

 
1,463

Net cash used in investing activities
(9,449
)
 
(1,137
)
 
(201,971
)
 
 
 
 
 
 
CASH FLOWS FROM FINANCING ACTIVITIES
 
 
 
 
 
Dividends paid
(92,124
)
 
(92,100
)
 
(86,961
)
Debt issuance costs
(15
)
 
(2,189
)
 
(12,186
)
Debt repayments

 
(160,142
)
 
(303,707
)
Proceeds from borrowing

 
78,246

 
500,000

Net cash (used in) provided by financing activities
(92,139
)
 
(176,185
)
 
97,146

 
 
 
 
 
 
Net increase (decrease) in cash and cash equivalents and restricted cash
24,482

 
(103,784
)
 
18,601

Cash and cash equivalents and restricted cash at beginning of year
289,495

 
393,279

 
374,678

Cash and cash equivalents and restricted cash at end of year
$
313,977

 
$
289,495

 
$
393,279

 
 
 
 
 
 
RECONCILIATION OF CASH AND CASH EQUIVALENTS AND RESTRICTED CASH
 
 
 
 
 
Cash and cash equivalents at beginning of year
$
283,056

 
$
307,536

 
$
288,926

Restricted cash at beginning of year
6,439

 
85,743

 
85,752

Cash and cash equivalents and restricted cash at beginning of year
$
289,495

 
$
393,279

 
$
374,678

 
 
 
 
 
 
Cash and cash equivalents at end of year
$
298,063

 
$
283,056

 
$
307,536

Restricted cash at end of year
15,914

 
6,439

 
85,743

Cash and cash equivalents and restricted cash at end of year
$
313,977

 
$
289,495

 
$
393,279

 
 
 
 
 
 
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION
 
 
 
 
 
Cash payments for interest
$
34,669

 
$
38,231

 
$
26,994

 
 
 
 
 
 
NON-CASH TRANSACTIONS
 
 
 
 
 
Lease liability arising from the recognition of right-of-use asset
$
5,428

 
$

 
$

Liability for real estate additions, including $18, $125 and $21 for development fees due to
 
 
 
 
 
Vornado in 2019, 2018 and 2017, respectively
3,191

 
631

 
705

Reclassification of prepaid real estate taxes to construction in progress for property in
 
 
 
 
 
redevelopment
1,466

 

 

Write-off of fully amortized and/or depreciated assets

 
16,090

 
4,265

Derecognition of Rego Park II loan participation asset (see Note 2)

 
195,708

 

See notes to consolidated financial statements.

43



ALEXANDER’S, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
 
1.    ORGANIZATION
Alexander’s, Inc. (NYSE: ALX) is a real estate investment trust (“REIT”), incorporated in Delaware, engaged in leasing, managing, developing and redeveloping its properties.  All references to “we,” “us,” “our,” “Company” and “Alexander’s” refer to Alexander’s, Inc. and its consolidated subsidiaries.  We are managed by, and our properties are leased and developed by, Vornado Realty Trust (“Vornado”) (NYSE: VNO).
 
We have seven properties in the greater New York City metropolitan area consisting of:
 
Operating properties
 
731 Lexington Avenue, a 1,323,000 square foot multi-use building, comprising the entire block bounded by Lexington Avenue, East 59th Street, Third Avenue and East 58th Street in Manhattan.  The building contains 920,000 and 155,000 of net rentable square feet of office and retail space, respectively, which we own, and 248,000 square feet of residential space consisting of 105 condominium units, which we sold.  Bloomberg L.P. (“Bloomberg”) occupies all of the office space.  The Home Depot (83,000 square feet) and The Container Store (34,000 square feet) are the principal retail tenants;
 
Rego Park I, a 343,000 square foot shopping center, located on Queens Boulevard and 63rd Road in Queens. On April 4, 2017, Sears closed its 195,000 square foot anchor store at the property ($10,300,000 of annual revenue). On October 15, 2018, Sears filed for Chapter 11 bankruptcy relief and rejected its lease. On September 23, 2019, we leased 113,000 square feet at the property to IKEA Property, Inc. (“IKEA”), replacing a significant portion of the space formerly occupied by Sears. The center is also anchored by a 50,000 square foot Burlington, a 46,000 square foot Bed Bath & Beyond and a 36,000 square foot Marshalls;

Rego Park II, a 609,000 square foot shopping center, adjacent to the Rego Park I shopping center in Queens.  The center is anchored by a 145,000 square foot Costco, a 135,000 square foot Century 21 and a 133,000 square foot Kohl’s. On April 13, 2019, Kohl’s closed its store at the property. On January 24, 2020, Kohl’s subleased its store to At Home and remains obligated under its lease which expires in January 2031;

The Alexander apartment tower, located above our Rego Park II shopping center, contains 312 units aggregating 255,000 square feet;
 
Paramus, located at the intersection of Routes 4 and 17 in Paramus, New Jersey, consists of 30.3 acres of land that is leased to IKEA; and

Flushing, a 167,000 square foot building, located on Roosevelt Avenue and Main Street in Queens, that is sub-leased to New World Mall LLC for the remainder of our ground lease term.
 
Property to be developed
 
Rego Park III, a 140,000 square foot land parcel adjacent to the Rego Park II shopping center in Queens, at the intersection of Junction Boulevard and the Horace Harding Service Road.
 
We have determined that our properties have similar economic characteristics and meet the criteria that permit the properties to be aggregated into one reportable segment (the leasing, management, development and redeveloping of properties in the greater New York City metropolitan area).  Our chief operating decision-maker assesses and measures segment operating results based on a performance measure referred to as net operating income at the individual operating segment.  Net operating income for each property represents net rental revenues less operating expenses.



 

44


ALEXANDER’S, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)

2.    SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Basis of PresentationThe accompanying consolidated financial statements include our accounts and those of our consolidated subsidiaries.  All intercompany amounts have been eliminated.  Our financial statements are prepared in conformity with accounting principles generally accepted in the United States of America (“GAAP”), which requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods.  Actual results could differ from those estimates.  Certain prior year balances have been reclassified in order to conform to the current year presentation.
 
Subsequent to the issuance of our consolidated financial statements for the year ended December 31, 2018, we determined that the $195,708,000 participation in our Rego Park II shopping center mortgage loan was incorrectly classified as an asset, presented as “Rego Park II loan participation,” instead of as a reduction to “mortgages payable, net of deferred debt issuance costs” on our consolidated balance sheet as of December 31, 2018. On December 12, 2018, we refinanced this mortgage loan and the interest rate on the existing loan participation was adjusted to equal the interest rate on the refinanced loan. Consequently, we should have considered $195,708,000 of the Rego Park II shopping center mortgage loan liability extinguished as the participation interest is considered the reacquisition of our debt. Accordingly, our consolidated balance sheet for the year ended December 31, 2018 has been restated to reclassify $195,708,000 from “Rego Park II loan participation” to “mortgages payable, net of deferred debt issuance costs.” This reclassification had no material impact to our consolidated statements of income, comprehensive income, changes in equity or statement of cash flows for the year ended December 31, 2018.
 
Certain prior year balances have been reclassified in order to conform to the current period presentation. For the years ended December 31, 2018 and 2017, “property rentals” of $152,795,000 and $152,857,000, respectively, and “expense reimbursements” of $80,030,000 and $77,717,000, respectively, were grouped into “rental revenues” on our consolidated statements of income in accordance with Accounting Standards Codification (“ASC”) Topic 205 Presentation of Financial Statements.
 
Recently Issued Accounting LiteratureIn February 2016, the Financial Accounting Standards Board (“FASB”) issued an update (“ASU 2016-02”) establishing ASC Topic 842, Leases (“ASC 842”), as amended by subsequent ASUs on the topic, which sets out the principles for the recognition, measurement, presentation and disclosure of leases for both lessees and lessors. ASU 2016-02 requires lessees to apply a two- method approach, classifying leases as either finance or operating leases based on the principle of whether or not the lease is effectively a financed purchase. Lessees are required to record a right-of-use asset and a lease liability for all leases with a term of greater than 12 months. Lease liabilities equal the present value of future lease payments. Right-of-use assets equal the lease liabilities adjusted for accrued rent expense, initial direct costs, lease incentives and prepaid lease payments. Leases with a term of 12 months or less will be accounted for similar to the previously existing guidance for operating leases. Lessees will recognize expense based on the effective interest method for finance leases or on a straight-line basis for operating leases. The accounting applied by the lessor is largely unchanged from that applied under ASC Topic 840, Leases (“ASC 840”). We adopted this standard effective January 1, 2019 using the modified retrospective approach. In transitioning to ASC 842, we elected to use the practical expedient package available to us and did not elect to use hindsight. These elections have been applied consistently to all of our leases. On January 1, 2019, for our Flushing property ground lease, which is classified as an operating lease, we recorded a right- of-use asset of $5,058,000 (included in “other assets”) and a lease liability of $5,428,000 (included in “other liabilities”) (see Note 9 - Leases).
 
In June 2016, the FASB issued an update (“ASU 2016-13”) Measurement of Credit Losses on Financial Instruments establishing ASC Topic 326, Financial Instruments - Credit Losses, as amended by subsequent ASUs on the topic. ASU 2016-13 changes how entities will account for credit losses for most financial assets and certain other instruments that are not measured at fair value through net income. The guidance replaces the current “incurred loss” model with an “expected loss” model that requires consideration of a broader range of information to estimate expected credit losses over the lifetime of the financial asset. ASU 2016-13 is effective for interim and annual reporting periods in fiscal years beginning after December 15, 2019. We are currently evaluating the impact of the adoption of ASU 2016-13 on our consolidated financial statements, but do not believe the adoption of this standard will have a material impact on our consolidated financial statements.

In August 2018, the FASB issued an update (“ASU 2018-13”) Disclosure Framework - Changes to the Disclosure Requirements for Fair Value Measurement to ASC Topic 820, Fair Value Measurement (“ASC 820”). ASU 2018-13 modifies the disclosure requirements for fair value measurements by removing, modifying, and/or adding certain disclosures. ASU 2018-13 is effective for interim and annual reporting periods in fiscal years beginning after December 15, 2019. We elected to early adopt ASU 2018-13 effective January 1, 2019. The adoption of this update did not have a material impact on our consolidated financial statements and disclosures.
 

45


ALEXANDER’S, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)

2.    SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - continued
In October 2018, the FASB issued an update (“ASU 2018-16”) Inclusion of the Secured Overnight Financing Rate (SOFR) Overnight Index Swap (OIS) Rate as a Benchmark Interest Rate for Hedge Accounting Purposes to ASC 815. ASU 2018-16 expands the list of U.S. benchmark interest rates permitted in the application of hedge accounting by adding the OIS rate based on SOFR as an eligible benchmark interest rate. ASU 2018-16 is effective for interim and annual reporting periods in fiscal years beginning after December 15, 2018, with early adoption permitted. We adopted this update effective January 1, 2019. The adoption of this update did not have a material impact on our consolidated financial statements.
 
Real EstateReal estate is carried at cost, net of accumulated depreciation and amortization.  As of December 31, 2019 and 2018, the carrying amount of our real estate, net of accumulated depreciation and amortization, was $716,843,000 and $730,270,000, respectively.  Maintenance and repairs are expensed as incurred.  Depreciation requires an estimate by management of the useful life of each property and improvement as well as an allocation of the costs associated with a property to its various components. We capitalize all property operating expenses directly associated with and attributable to, the development and construction of a project, including interest expense. The capitalization period begins when development activities are underway and ends when it is determined that the asset is substantially complete and ready for its intended use, which is typically evidenced by the receipt of a temporary certificate of occupancy. General and administrative costs are expensed as incurred.
 
Our properties, including properties to be developed in the future, are individually reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of the assets may not be recoverable.  An impairment exists when the carrying amount of an asset exceeds the sum of the undiscounted cash flows expected to result from the use and eventual disposition of the asset, including an estimated terminal value calculated using an appropriate capitalization rate.  Estimates of future cash flows are based on our current plans, intended holding periods and available market information at the time the analyses are prepared.  For our development properties, estimates of future cash flows also include all future expenditures necessary to develop the asset, including interest payments that will be capitalized as part of the cost of the asset.  An impairment loss is recognized only if the carrying amount of the asset is not recoverable and is measured based on the excess of the property’s carrying amount over its estimated fair value.  If our estimates of future cash flows, anticipated holding periods, or fair values change, based on market conditions or otherwise, our evaluation of impairment charges may be different and such differences could be material to our consolidated financial statements.  Estimates of future cash flows are subjective and are based, in part, on assumptions regarding future occupancy, rental rates and capital requirements that could differ materially from actual results.  Plans to hold properties over longer periods decrease the likelihood of recording impairment losses.
 
Cash and Cash EquivalentsCash and cash equivalents consist of highly liquid investments with original maturities of three months or less and are carried at cost, which approximates fair value, due to their short-term maturities.  The majority of our cash and cash equivalents consist of (i) deposits at major commercial banks, which may at times exceed the Federal Deposit Insurance Corporation limit, (ii) United States Treasury Bills, (iii) money market funds, which invest in United States Treasury Bills and (iv) certificates of deposit placed through an account registry service (“CDARS”).  To date we have not experienced any losses on our invested cash.   
 
Restricted Cash Restricted cash primarily consists of security deposits and other cash escrowed under loan agreements, including for debt service, real estate taxes, property insurance and capital improvements.

Marketable SecuritiesOur marketable securities consist of common shares of The Macerich Company (“Macerich”) (NYSE: MAC), which are classified as available-for-sale.  Available-for-sale securities are presented at fair value on our consolidated balance sheets.  Prior to January 1, 2018, unrealized gains and losses resulting from the mark-to-market of these securities were included in “other comprehensive income (loss).” Effective January 1, 2018, changes in the fair value of these securities are recognized in current period earnings in accordance with ASC Topic 825 (“ASC 825”), Financial Instruments (see Note 5).
 
Deferred ChargesDirect financing costs are deferred and amortized over the terms of the related agreements as a component of interest and debt expense.  Direct costs related to leasing activities are capitalized and amortized on a straight-line basis over the lives of the related leases.  All other deferred charges are amortized on a straight-line basis, which approximates the effective interest rate method, in accordance with the terms of the agreements to which they relate.
 

46


ALEXANDER’S, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)

2.    SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - continued
Income TaxesWe operate in a manner intended to enable us to continue to qualify as a REIT under Sections 856 – 860 of the Internal Revenue Code of 1986, as amended (the “Code”).  In order to maintain our qualification as a REIT under the Code, we must distribute at least 90% of our taxable income to stockholders each year.  We distribute to our stockholders 100% of our taxable income and therefore, no provision for Federal income taxes is required.  Dividends distributed for the year ended December 31, 2019 were characterized, for federal income tax purposes, as 99.6% ordinary income and 0.4% long-term capital gain income. Dividends distributed for the year ended December 31, 2018 were characterized, for federal income tax purposes, as 100.0% ordinary income. Dividends distributed for the year ended December 31, 2017 were categorized, for federal income tax purposes, as 99.5% ordinary income and 0.5% long-term capital gain income. 
 
The following table reconciles our net income to estimated taxable income for the years ended December 31, 2019, 2018 and 2017.
(Unaudited and in thousands)
Year Ended December 31,
 
2019
 
2018
 
2017
Net income
$
60,075

 
$
32,844

 
$
80,509

Straight-line rent adjustments
2,359

 
5,870

 
4,250

Depreciation and amortization timing differences
2,751

 
(6,586
)
 
3,084

Change in fair value of marketable securities (see Note 5)
8,757

 
11,990

 

Loss from discontinued operations (see Note 6)

 
23,797

 

Other
137

 
440

 
(343
)
Estimated taxable income
$
74,079

 
$
68,355

 
$
87,500


 
As of December 31, 2019, the net basis of our assets and liabilities for tax purposes is approximately $171,331,000 lower than the amount reported for financial statement purposes. 

47


ALEXANDER’S, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)

3.    REVENUE RECOGNITION
Our rental revenues include revenues from the leasing of space to tenants at our properties and revenues from parking and tenant services. We have the following revenue recognition policies:
Lease revenues from the leasing of space to tenants at our properties. Revenues derived from base rent are recognized over the non-cancelable term of the related leases on a straight-line basis which includes the effects of rent steps and rent abatements. We commence rental revenue recognition when the underlying asset is available for use by the lessee. In addition, in circumstances where we provide a tenant improvement allowance for improvements that are owned by the tenant, we recognize the allowance as a reduction of rental revenue on a straight-line basis over the term of the lease. Revenues derived from the reimbursement of real estate taxes, insurance expenses and common area maintenance expenses are generally recognized in the same period as the related expenses are incurred. As lessor, we have elected to combine the lease components (base and variable rent), non-lease components (reimbursements of common area maintenance expenses) and reimbursement of real estate taxes and insurance expenses from our operating lease agreements and account for the components as a single lease component in accordance with ASC 842.

• Parking revenue arising from the rental of parking spaces at our properties. This income is recognized as the services are transferred in accordance with ASC Topic 606, Revenue from Contracts with Customers (“ASC 606”).

Tenant services is revenue arising from sub-metered electric, elevator and other services provided to tenants at their request. This revenue is recognized as the services are transferred in accordance with ASC 606.
The following is a summary of revenue sources for the years ended December 31, 2019, 2018 and 2017.
 
 
For the Year Ended December 31,
(Amounts in thousands)
 
2019
 
2018
 
2017
Lease revenues
 
$
217,251

 
$
223,388

 
$
220,764

Parking revenue
 
5,608

 
5,680

 
5,850

Tenant services
 
3,491

 
3,757

 
3,960

Rental revenues
 
$
226,350

 
$
232,825

 
$
230,574


The components of lease revenues for the year ended December 31, 2019 are as follows:
(Amounts in thousands)
 
For the Year Ended December 31, 2019
Fixed lease revenues
 
$
142,679

Variable lease revenues
 
74,572

Lease revenues
 
$
217,251





48


ALEXANDER’S, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)

4.    RELATED PARTY TRANSACTIONS
Vornado
As of December 31, 2019, Vornado owned 32.4% of our outstanding common stock.  We are managed by, and our properties are leased and developed by, Vornado, pursuant to the agreements described below, which expire in March of each year and are automatically renewable.
 
Steven Roth is the Chairman of our Board of Directors and Chief Executive Officer, the Managing General Partner of Interstate Properties (“Interstate”), a New Jersey general partnership, and the Chairman of the Board of Trustees and Chief Executive Officer of Vornado.  As of December 31, 2019, Mr. Roth, Interstate and its other two general partners, David Mandelbaum and Russell B. Wight, Jr. (who are also directors of the Company and trustees of Vornado) owned, in the aggregate, 26.1% of our outstanding common stock, in addition to the 2.3% they indirectly own through Vornado. Joseph Macnow, our Treasurer, is the Executive Vice President - Chief Financial Officer and Chief Administrative Officer of Vornado. Matthew Iocco, our Chief Financial Officer, is the Executive Vice President - Chief Accounting Officer of Vornado. 
 
Management and Development Agreements
We pay Vornado an annual management fee equal to the sum of (i) $2,800,000, (ii) 2% of gross revenue from the Rego Park II shopping center, (iii) $0.50 per square foot of the tenant-occupied office and retail space at 731 Lexington Avenue, and (iv) $324,000, escalating at 3% per annum, for managing the common area of 731 Lexington Avenue.  Vornado is also entitled to a development fee equal to 6% of development costs, as defined.
 
Leasing and Other Agreements  
Vornado also provides us with leasing services for a fee of 3% of rent for the first ten years of a lease term, 2% of rent for the eleventh through the twentieth year of a lease term, and 1% of rent for the twenty-first through thirtieth year of a lease term, subject to the payment of rents by tenants.  In the event third-party real estate brokers are used, the fees to Vornado increase by 1% and Vornado is responsible for the fees to the third-party real estate brokers. 

Vornado is also entitled to a commission upon the sale of any of our assets equal to 3% of gross proceeds, as defined, for asset sales less than $50,000,000 and 1% of gross proceeds, as defined, for asset sales of $50,000,000 or more. 

We also have agreements with Building Maintenance Services, a wholly owned subsidiary of Vornado, to supervise (i) cleaning, engineering and security services at our Lexington Avenue property and (ii) security services at our Rego Park I and Rego Park II properties and The Alexander apartment tower.
 

The following is a summary of fees to Vornado under the various agreements discussed above.
 
Year Ended December 31,
(Amounts in thousands)
2019
 
2018
 
2017
Company management fees
$
2,800

 
$
2,800

 
$
2,800

Development fees
29

 
125

 
29

Leasing fees
4,786

 
13

 
1,829

Property management, cleaning, engineering
 
 
 
 
 
and security fees
5,015

 
4,101

 
4,114

 
$
12,630

 
$
7,039

 
$
8,772



As of December 31, 2019, the amounts due to Vornado were $795,000 for management, property management, cleaning, engineering and security fees; $563,000 for leasing fees; and $68,000 for development fees. As of December 31, 2018, the amounts due to Vornado were $549,000 for management, property management, cleaning, engineering and security fees; $146,000 for development fees; and $13,000 for leasing fees.
 

49


ALEXANDER’S, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)

 4.    RELATED PARTY TRANSACTIONS - continued

Toys “R” Us, Inc. (“Toys”)
 
Our affiliate, Vornado, owned 32.5% of Toys as of December 31, 2018. On February 1, 2019, in connection with the Toys Chapter 11 bankruptcy, the plan of reorganization for Toys was declared effective and Vornado’s ownership in Toys was canceled and Toys’ Board of Directors was dissolved. Joseph Macnow, Vornado’s Executive Vice President and Chief Financial Officer and Wendy A. Silverstein, a member of our Board of Directors, represented Vornado as members of Toys’ Board of Directors. Also in connection with the Toys Chapter 11 bankruptcy, Toys rejected its 47,000 square foot lease at our Rego Park II shopping center ($2,600,000 of annual revenue) effective June 30, 2018 and possession of the space was returned to us.

5.     MARKETABLE SECURITIES
As of December 31, 2019 and 2018, we owned 535,265 common shares of Macerich.  These shares have an economic cost of $56.05 per share, or $30,000,000 in the aggregate.  As of December 31, 2019 and 2018, the fair value of these shares was $14,409,000 and $23,166,000, respectively, based on Macerich’s closing share price of $26.92 per share and $43.28 per share, respectively.  These shares are included in “marketable securities” on our consolidated balance sheets and are classified as available-for-sale.  Available-for-sale securities are presented at fair value on our consolidated balance sheets and gains and losses resulting from the mark-to-market of these securities are recognized in current period earnings. Prior to January 1, 2018, unrealized gains and losses resulting from the mark-to-market of these securities were included in “other comprehensive income (loss).”  Effective January 1, 2018, changes in the fair value of these securities are recognized in current period earnings in accordance with ASC 825.

6.     DISCONTINUED OPERATIONS
In 2012, we sold the Kings Plaza Regional Shopping Center (“Kings Plaza”) and paid real property transfer taxes to New York City in connection with the sale. In 2015, the New York City Department of Finance (“NYC DOF”) issued a Notice of Determination to us assessing an additional New York City real property transfer tax amount, including interest.
In 2014, in a case with similar facts, the NYC DOF issued a Notice of Determination to a Vornado joint venture assessing an additional New York City real property transfer tax amount, including interest. In January 2017, a New York City administrative law judge made a determination upholding the Vornado joint venture’s position that such additional real property transfer taxes were not due. On February 16, 2018, the New York City Tax Appeals Tribunal (the “Tribunal”) overturned the January 2017 determination. The Vornado joint venture appealed the Tribunal’s decision to the Appellate Division of the Supreme Court of the
State of New York and on April 25, 2019, the Tribunal’s decision was unanimously upheld. The Vornado joint venture filed a motion to reargue the Appellate Division’s decision or for leave to appeal to the New York State Court of Appeals. On December 12, 2019, that motion was denied and the case can no longer be appealed.
Based on the precedent of the Tribunal’s decision, we accrued an expense for the potential additional real property transfer taxes of $23,797,000 ($15,874,000 of real property transfer tax and $7,923,000 of interest) during the three months ended March 31, 2018. On April 5, 2018, we paid this amount in order to stop the interest from accruing. As the results related to Kings Plaza were previously classified as discontinued operations, we have classified the expense as “loss from discontinued operations” on our consolidated statement of income for the year ended December 31, 2018 in accordance with the provisions of ASC Topic 360, Property, Plant and Equipment. We are currently evaluating our options relating to this matter.


50


ALEXANDER’S, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)

7.    MORTGAGES PAYABLE
On October 3, 2018, we extended our mortgage loan on our Paramus property. The $68,000,000 interest-only loan has a fixed rate of 4.72% and matures in October 2021. Previously the loan bore interest at a fixed rate of 2.90%. The tenant pays all of the interest on this mortgage loan as part of its rent.
On December 12, 2018, we completed a refinancing of our Rego Park II shopping center in the amount of $252,544,000. The interest-only loan is at LIBOR plus 1.35% (3.15% as of December 31, 2019) and matures in December 2025. As of December 31, 2019, we have a participation in the mortgage in the amount of $195,708,000 which for GAAP purposes is netted against the mortgage balance. Therefore, the balance sheet amount of the mortgage loan is $56,836,000. On February 14, 2020, we reduced our participation in the mortgage loan to $50,000,000 and received cash proceeds of approximately $145,000,000.
The following is a summary of our outstanding mortgages payable. We may refinance our maturing debt as it comes due or choose to repay it.
 
 
 
 
 
 
Interest Rate at December 31, 2019
 
Balance at December 31,
(Amounts in thousands)
Maturity
 
 
2019
 
2018
First mortgages secured by:
 
 
 
 
 
 
 
 
 
Paramus
Oct. 2021
 
4.72%
 
$
68,000

 
$
68,000

 
 
731 Lexington Avenue, retail condominium(1)
Aug. 2022
 
3.10%
 
350,000

 
350,000

 
 
731 Lexington Avenue, office condominium(2)
Jun. 2024
 
2.64%
 
500,000

 
500,000

 
 
Rego Park II shopping center(3)
Dec. 2025
 
3.15%
 
56,836

 
56,836

 
 
Total
 
 
 
 
974,836

 
974,836

 
 
Deferred debt issuance costs, net of accumulated
 
 
 
 
 
 
 
 
 
amortization of $14,362 and $9,212, respectively
 
 
 
 
(3,875
)
 
(9,010
)
 
 
 
 
 
 
 
$
970,961

 
$
965,826

 
 
 
 
 
 
 
 
 
 
(1)
 
Interest at LIBOR plus 1.40%. Maturity date represents the extended maturity based on our conditional right to extend.

(2)
 
Interest at LIBOR plus 0.90%. Maturity date represents the extended maturity based on our unilateral right to extend.

(3)
 
Interest at LIBOR plus 1.35%. The amount of this loan is net of our $195,708 loan participation (see Note 2 - Summary of Significant Accounting Policies).
 
 
 


All of our debt is secured by mortgages and/or pledges of the stock of the subsidiaries holding the properties.  The net carrying value of real estate collateralizing the debt amounted to $573,975,000 as of December 31, 2019.  Our existing financing documents contain covenants that limit our ability to incur additional indebtedness on these properties, and in certain circumstances, provide for lender approval of tenants’ leases and yield maintenance to prepay them. As of December 31, 2019, the principal repayments (based on the extended loan maturity dates) for the next five years and thereafter are as follows:
 
(Amounts in thousands)
 
 
Year Ending December 31,
 
Amount
2020
 
$

2021
 
68,000

2022
 
350,000

2023
 

2024
 
500,000

Thereafter
 
56,836




51


ALEXANDER’S, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)

8.    FAIR VALUE MEASUREMENTS
ASC 820 defines fair value and establishes a framework for measuring fair value.   ASC 820 establishes a fair value hierarchy that prioritizes observable and unobservable inputs used to measure fair value into three levels: Level 1 – quoted prices (unadjusted) in active markets that are accessible at the measurement date for assets or liabilities; Level 2 – observable prices that are based on inputs not quoted in active markets, but corroborated by market data; and Level 3 – unobservable inputs that are used when little or no market data is available.  The fair value hierarchy gives the highest priority to Level 1 inputs and the lowest priority to Level 3 inputs. In determining fair value, we utilize valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs to the extent possible as well as consider counterparty credit risk in our assessment of fair value.  
 
Financial Assets and Liabilities Measured at Fair Value
 
Financial assets measured at fair value on our consolidated balance sheets as of December 31, 2019 and 2018 consist of marketable securities, which are presented in the table below based on their level in the fair value hierarchy, and an interest rate cap, which fair value was insignificant as of December 31, 2019 and 2018. There were no financial liabilities measured at fair value as of December 31, 2019 and 2018.
 
 
As of December 31, 2019
(Amounts in thousands)
Total
 
Level 1
 
Level 2
 
Level 3
Marketable securities
$
14,409

 
$
14,409

 
$

 
$

 
 
 
 
 
 
 
 
 
As of December 31, 2018
(Amounts in thousands)
Total
 
Level 1
 
Level 2
 
Level 3
Marketable securities
$
23,166

 
$
23,166

 
$

 
$


 
Financial Assets and Liabilities not Measured at Fair Value
 
Financial assets and liabilities that are not measured at fair value on our consolidated balance sheets include cash equivalents and mortgages payable.  Cash equivalents are carried at cost, which approximates fair value due to their short-term maturities and are classified as Level 1.  The fair value of our mortgages payable is calculated by discounting the future contractual cash flows of these instruments using current risk-adjusted rates available to borrowers with similar credit ratings, which are provided by a third-party specialist, and is classified as Level 2.  The table below summarizes the carrying amount and fair value of these financial instruments as of December 31, 2019 and 2018.
 
 
As of December 31, 2019
 
As of December 31, 2018
 
Carrying
 
Fair
 
Carrying
 
Fair
(Amounts in thousands)
Amount
 
Value
 
Amount
 
Value
Assets:
 
 
 
 
 
 
 
Cash equivalents
$
263,688

 
$
263,688

 
$
173,858

 
$
173,858

Liabilities:
 
 
 
 
 
 
 
Mortgages payable (excluding deferred debt issuance costs, net)
$
974,836

 
$
974,000

 
$
974,836

 
$
969,000


 

52


ALEXANDER’S, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)

9.    LEASES
As Lessor
We lease space to tenants under operating leases in an office building and in retail centers.  The rental terms range from approximately 5 to 25 years.  The leases provide for the payment of fixed base rents payable monthly in advance as well as reimbursements of real estate taxes, insurance and maintenance costs.  Retail leases may also provide for the payment by the lessee of additional rents based on a percentage of their sales. We also lease residential space at The Alexander apartment tower with 1 or 2 year lease terms. We have elected to account for lease revenues (including fixed and variable rent) and the reimbursement of common area maintenance expenses as a single lease component presented as “rental revenues” in our consolidated statements of income.

Under ASC 842, we must assess on an individual lease basis whether it is probable that we will collect the future lease payments. We consider the tenant’s payment history and current credit status when assessing collectability. When collectability is not deemed probable, we write-off the tenant’s receivables, including straight-line rent receivable, and limit lease income to cash received. Changes to the collectability of our operating leases are recorded as adjustments to “rental revenues” on our consolidated statements of income, which resulted in a decrease in income of $209,000 for the year ended December 31, 2019. As a result, there is no allowance for doubtful accounts as of December 31, 2019. The table below summarizes our allowance for doubtful accounts as of December 31, 2018 and 2017.
(Amounts in thousands)
 
Balance at
Beginning
of Year
 
Additions:
Charged
Against
Operations
 
Deductions:
Uncollectible
Accounts
Written Off
 
Balance at End of Year
Allowance for doubtful accounts:
 
 
 
 
 
 
 
 
Year Ended December 31, 2018
 
$
1,501

 
$
4,459

 
$
(5,289
)
 
$
671

 
 
 
 
 
 
 
 
 
Year Ended December 31, 2017
 
$
1,473

 
$
53

 
$
(25
)
 
$
1,501


 
Future undiscounted cash flows under our non-cancelable operating leases are as follows:
 
 
Under ASC 842
(Amounts in thousands)
 
As of December 31, 2019
For the year ending December 31,
 
 
2020
 
$
141,875

2021
 
134,877

2022
 
127,691

2023
 
129,054

2024
 
137,234

Thereafter
 
624,239

 
 
 
Under ASC 840
(Amounts in thousands)
 
As of December 31, 2018
For the year ending December 31,
 
 
2019
 
$
138,784

2020
 
131,647

2021
 
120,450

2022
 
111,532

2023
 
111,962

Thereafter
 
671,111


These amounts do not include reimbursements or additional rents based on a percentage of retail tenants’ sales.


53


ALEXANDER’S, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)

9.    LEASES - continued
Bloomberg accounted for revenue of $109,113,000, $107,356,000, and $105,224,000 in the years ended December 31, 2019, 2018 and 2017, respectively, representing approximately 48%, 46% and 46% of our total revenues in each year, respectively.  No other tenant accounted for more than 10% of our total revenues.  If we were to lose Bloomberg as a tenant, or if Bloomberg were to be unable to fulfill its obligations under its lease, it would adversely affect our results of operations and financial condition.  In order to assist us in our continuing assessment of Bloomberg’s creditworthiness, we receive certain confidential financial information and metrics from Bloomberg.  In addition, we access and evaluate financial information regarding Bloomberg from other private sources, as well as publicly available data.

On June 28, 2019, we entered into a lease agreement with Bloomberg for an additional 49,000 square feet at our 731 Lexington Avenue property

As Lessee
We are the lessee under a ground lease at our Flushing property, classified as an operating lease, which expires in 2027 and has one 10-year extension option. On January 1, 2019, we recorded a right-of-use asset and lease liability related to this ground lease equal to the present value of the remaining minimum lease payments. As of December 31, 2019, the right-of-use asset of $4,529,000 and the lease liability of $4,845,000, are included in “other assets” and “other liabilities,” respectively, on our consolidated balance sheet. The discount rate applied to measure the right-of-use asset and lease liability is based on the incremental borrowing rate (“IBR”) for the property of 4.53%. We initially consider the general economic environment and factor in various financing and asset specific adjustments so that the IBR is appropriate to the intended use of the underlying lease. As we did not elect to apply hindsight, the lease term assumption determined under ASC 840 was carried forward and applied in calculating our lease liability recorded under ASC 842.
 
Future lease payments under this operating lease, excluding the extension option, are as follows:
 
 
Under ASC 842
(Amounts in thousands)
 
As of December 31, 2019
For the year ending December 31,
 
 
2020
 
$
800

2021
 
800

2022
 
800

2023
 
800

2024
 
800

Thereafter
 
1,600

Total undiscounted cash flows
 
5,600

Present value discount
 
(755
)
Lease liability as of December 31, 2019
 
$
4,845


 
 
Under ASC 840
(Amounts in thousands)
 
As of December 31, 2018
For the year ending December 31,
 
 
2019
 
$
800

2020
 
800

2021
 
800

2022
 
800

2023
 
800

Thereafter
 
2,467



We recognize rent expense as a component of “operating” expenses on our consolidated statements of income on a straight-line basis. Rent expense was $746,000 in each of the years ended December 31, 2019, 2018 and 2017, respectively. Cash paid for rent expense was $800,000, $800,000 and $792,000 in the years ended December 31, 2019, 2018 and 2017, respectively.

54


ALEXANDER’S, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)

10.    STOCK-BASED COMPENSATION
We account for stock-based compensation in accordance with ASC Topic 718, Compensation - Stock Compensation. Our 2016 Omnibus Stock Plan (the “Plan”) provides for grants of incentive and non-qualified stock options, restricted stock, stock appreciation rights, deferred stock units (“DSUs”) and performance shares, as defined, to the directors, officers and employees of the Company and Vornado.
On May 16, 2019, we granted each of the members of our Board of Directors 193 DSUs with a grant date fair value of $56,250 per grant, or $394,000 in the aggregate. The DSUs entitle the holders to receive shares of the Company’s common stock without the payment of any consideration. The DSUs vested immediately and accordingly, were expensed on the date of grant, but the shares of common stock underlying the DSUs are not deliverable to the grantee until the grantee is no longer serving on the Company’s Board of Directors. As of December 31, 2019, there were 11,408 DSUs outstanding and 494,379 shares were available for future grant under the Plan. 
 
11.    COMMITMENTS AND CONTINGENCIES
Insurance
We maintain general liability insurance with limits of $300,000,000 per occurrence and per property, and all-risk property and rental value insurance coverage with limits of $1.7 billion per occurrence, including coverage for acts of terrorism, with sub-limits for certain perils such as floods and earthquakes on each of our properties.
 
Fifty Ninth Street Insurance Company, LLC (“FNSIC”), our wholly owned consolidated subsidiary, acts as a direct insurer for coverage for acts of terrorism, including nuclear, biological, chemical and radiological (“NBCR”) acts, as defined by the Terrorism Risk Insurance Act of 2002, as amended to date and which has been extended through December 2027.  Coverage for acts of terrorism (including NBCR acts) is up to $1.7 billion per occurrence and in the aggregate.  Coverage for acts of terrorism (excluding NBCR acts) is fully reinsured by third party insurance companies and the Federal government with no exposure to FNSIC.  For NBCR acts, FNSIC is responsible for a $268,000 deductible and 20% of the balance of a covered loss, and the Federal government is responsible for the remaining 80% of a covered loss.  We are ultimately responsible for any loss incurred by FNSIC.
 
We continue to monitor the state of the insurance market and the scope and costs of coverage for acts of terrorism or other events.  However, we cannot anticipate what coverage will be available on commercially reasonable terms in the future.  We are responsible for uninsured losses and for deductibles and losses in excess of our insurance coverage, which could be material.
 
Our mortgage loans are non-recourse to us and contain customary covenants requiring us to maintain insurance.  Although we believe that we have adequate insurance coverage for purposes of these agreements, we may not be able to obtain an equivalent amount of coverage at reasonable costs in the future.  Further, if lenders insist on greater coverage than we are able to obtain, it could adversely affect our ability to finance or refinance our properties.

Paramus
In 2001, we leased 30.3 acres of land located in Paramus, New Jersey to IKEA Property, Inc. The lease has a purchase option in 2021 for $75,000,000. The property is encumbered by a $68,000,000 interest-only mortgage loan with a fixed rate of 4.72%, which matures in October 2021. The annual triple-net rent is the sum of $700,000 plus the amount of interest on the mortgage loan. If the purchase option is exercised, we will receive net cash proceeds of approximately $7,000,000 and recognize a gain on sale of land of approximately $60,000,000. If the purchase option is not exercised, the triple-net rent for the last 20 years would include debt service sufficient to fully amortize $68,000,000 over the remaining 20-year lease term.

55


ALEXANDER’S, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)

11.    COMMITMENTS AND CONTINGENCIES - continued
Rego Park I Litigation

In June 2014, Sears Roebuck and Co. (“Sears”) filed a lawsuit in the Supreme Court of the State of New York against Vornado and us (and certain of our subsidiaries) with regard to space that Sears leased at our Rego Park I property alleging that the defendants are liable for harm that Sears has suffered as a result of (a) water intrusions into the premises, (b) two fires in February 2014 that caused damages to those premises, and (c) alleged violations of the Americans with Disabilities Act in the premises’ parking garage. Sears asserted various causes of actions for damages and sought to compel compliance with landlord’s obligations to repair the premises and to provide security, and to compel us to abate a nuisance that Sears claims was a cause of the water intrusions into its premises. In addition to injunctive relief, Sears sought, among other things, damages of not less than $4,000,000 and future damages it estimated would not be less than $25,000,000. In March 2016, Sears withdrew its claim for future damages leaving a remaining claim for property damages, which we estimate to be approximately $650,000 based on information provided by Sears. We intend to defend the remaining claim vigorously. The amount or range of reasonably possible losses, if any, is not expected to be greater than $650,000.

On April 4, 2017, Sears closed its 195,000 square foot store at the property ($10,300,000 of annual revenue). On October 15, 2018, Sears filed for Chapter 11 bankruptcy relief and rejected its lease.

Letters of Credit
Approximately $1,030,000 of standby letters of credit were issued and outstanding as of December 31, 2019.
 
Other
There are various other legal actions against us in the ordinary course of business. In our opinion, the outcome of such matters in the aggregate will not have a material effect on our financial position, results of operations or cash flows.

12.  MULTIEMPLOYER BENEFIT PLANS
Our subsidiaries make contributions to certain multiemployer defined benefit plans (“Multiemployer Pension Plans”) and health plans (“Multiemployer Health Plans”) for our union represented employees, pursuant to the respective collective bargaining agreements.

 Multiemployer Pension Plans
 
Multiemployer Pension Plans differ from single-employer pension plans in that (i) contributions to multiemployer plans may be used to provide benefits to employees of other participating employers and (ii) if other participating employers fail to make their contributions, each of our subsidiaries may be required to bear their pro rata share of unfunded obligations.  If a participating subsidiary withdraws from a plan in which it participates, it may be subject to a withdrawal liability.  As of December 31, 2019, our subsidiaries’ participation in these plans were not significant to our consolidated financial statements.
 
In the years ended December 31, 2019, 2018 and 2017 our subsidiaries contributed $172,000, $161,000 and $162,000, respectively, towards Multiemployer Pension Plans. Our subsidiaries’ contributions did not represent more than 5% of total employer contributions in any of these plans for the years ended December 31, 2019, 2018 and 2017.
 
Multiemployer Health Plans
 
Multiemployer Health Plans in which our subsidiaries participate provide health benefits to eligible active and retired employees.  In the years ended December 31, 2019, 2018 and 2017 our subsidiaries contributed $686,000, $649,000 and $619,000, respectively, towards these plans.


56


ALEXANDER’S, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)

13.  EARNINGS PER SHARE
The following table sets forth the computation of basic and diluted income per share, including a reconciliation of net income and the number of shares used in computing basic and diluted income per share.  Basic income per share is determined using the weighted average shares of common stock (including DSUs) outstanding during the period.  Diluted income per share is determined using the weighted average shares of common stock (including DSUs) outstanding during the period, and assumes all potentially dilutive securities were converted into common shares at the earliest date possible.  There were no potentially dilutive securities outstanding during the years ended December 31, 2019, 2018 and 2017.
 
 
For the Year Ended December 31,
(Amounts in thousands, except share and per share amounts)
2019
 
2018
 
2017
Income from continuing operations
$
60,075

 
$
56,641

 
$
80,509

Loss from discontinued operations (see Note 6)

 
(23,797
)
 

Net income
$
60,075

 
$
32,844

 
$
80,509

 
 
 
 
 
 
Weighted average shares outstanding – basic and diluted
5,118,198

 
5,116,838

 
5,115,501

 
 
 
 
 
 
Income from continuing operations
$
11.74

 
$
11.07

 
$
15.74

Loss from discontinued operations (see Note 6)

 
(4.65
)
 

Net income per common share – basic and diluted
$
11.74

 
$
6.42

 
$
15.74



14.  SUMMARY OF QUARTERLY RESULTS (UNAUDITED)
 
 
 
 
 
 
Net Income (Loss) Per Common Share(1)
 
 
(Amounts in thousands, except per share amounts)
Revenues
 
Net Income (Loss)
 
Basic
 
Diluted
 
 
2019
 
 
 
 
 
 
 
 
 
December 31
$
55,880

 
$
14,434

 
$
2.82

 
$
2.82

 
 
September 30
57,760

 
16,493

 
3.22

 
3.22

 
 
June 30
55,932

 
11,283

 
2.20

 
2.20

 
 
March 31
56,778

 
17,865

 
3.49

 
3.49

 
 
 
 
 
 
 
 
 
 
 
 
2018
 
 
 
 
 
 
 
 
 
December 31
$
57,567

 
$
9,971

 
$
1.95

 
$
1.95

 
 
September 30
59,125

 
15,003

 
2.93

 
2.93

 
 
June 30
58,253

 
17,570

 
3.43

 
3.43

 
 
March 31
57,880

 
(9,700
)
(2) 
(1.90
)
(2) 
(1.90
)
(2) 
_______________________
 
 
 
 
 
 
 
 
(1)
The total for the year may differ from the sum of the quarters as a result of weighting. 
(2)
Includes $23,797, or $4.65 per common share, of expense for potential additional New York City real property transfer taxes on the 2012 sale of Kings Plaza.


57



ITEM 9.     CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE
None.
 

ITEM 9A. CONTROLS AND PROCEDURES
Disclosure Controls and Procedures – Our management, with the participation of our Chief Executive Officer and Chief Financial Officer, have evaluated the effectiveness of our disclosure controls and procedures (as such term is defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as amended) as of the end of the period covered by this Annual Report on Form 10-K.  Based on such evaluation, our Chief Executive Officer and Chief Financial Officer have concluded that, as of the end of such period, our disclosure controls and procedures are effective.
 
Internal Control Over Financial Reporting – There have not been any changes in our internal control over financial reporting (as defined in Rule 13a-15(f) under the Securities Exchange Act of 1934, as amended) during the fourth quarter of the fiscal year to which this report relates that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

58



MANAGEMENT’S REPORT ON INTERNAL CONTROL OVER
FINANCIAL REPORTING
 
The management of Alexander’s, Inc., together with its consolidated subsidiaries (the “Company”), is responsible for establishing and maintaining adequate internal control over financial reporting.  The Company’s internal control over financial reporting is a process designed under the supervision of the Company’s principal executive and principal financial officers to provide reasonable assurance regarding the reliability of financial reporting and the preparation of the Company’s financial statements for external reporting purposes in accordance with accounting principles generally accepted in the United States of America.
 
As of December 31, 2019, management conducted an assessment of the effectiveness of the Company’s internal control over financial reporting based on the framework established in Internal Control – Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission.  Based on this assessment, management has determined that the Company’s internal control over financial reporting as of December 31, 2019 is effective.
 
The Company’s internal control over financial reporting includes policies and procedures that pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect transactions and dispositions of assets; provide reasonable assurances that transactions are recorded as necessary to permit preparation of financial statements in accordance with accounting principles generally accepted in the United States of America, and that receipts and expenditures are being made only in accordance with authorizations of management and the directors of the Company; and provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the Company’s assets that could have a material effect on the Company’s financial statements.
 
The effectiveness of the Company’s internal control over financial reporting as of December 31, 2019 has been audited by Deloitte & Touche LLP, an independent registered public accounting firm, as stated in their report appearing on page 60 of this Annual Report on Form 10-K, which expresses an unqualified opinion on the effectiveness of the Company’s internal control over financial reporting as of December 31, 2019.

59



REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Stockholders and the Board of Directors of
Alexander’s, Inc.
Paramus, New Jersey

Opinion on Internal Control over Financial Reporting
We have audited the internal control over financial reporting of Alexander’s, Inc. and subsidiaries (the “Company”) as of December 31, 2019, based on criteria established in Internal Control - Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO). In our opinion, the Company maintained, in all material respects, effective internal control over financial reporting as of December 31, 2019, based on criteria established in Internal Control - Integrated Framework (2013) issued by COSO.
We have also audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), the consolidated financial statements as of and for the year ended December 31, 2019, of the Company and our report dated February 18, 2020, expressed an unqualified opinion on those financial statements.
Basis for Opinion
The Company’s management is responsible for maintaining effective internal control over financial reporting and for its assessment of the effectiveness of internal control over financial reporting, included in the accompanying Management’s Report on Internal Control over Financial Reporting. Our responsibility is to express an opinion on the Company’s internal control over financial reporting based on our audit. We are a public accounting firm registered with the PCAOB and are required to be independent with respect to the Company in accordance with the US federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.
We conducted our audit in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether effective internal control over financial reporting was maintained in all material respects. Our audit included obtaining an understanding of internal control over financial reporting, assessing the risk that a material weakness exists, testing and evaluating the design and operating effectiveness of internal control based on the assessed risk, and performing such other procedures as we considered necessary in the circumstances. We believe that our audit provides a reasonable basis for our opinion.
Definition and Limitations of Internal Control over Financial Reporting
A company’s internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A company’s internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the company’s assets that could have a material effect on the financial statements.
Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.
/s/ DELOITTE & TOUCHE LLP

Parsippany, New Jersey
February 18, 2020


60



ITEM 9B. OTHER INFORMATION
None.
 
PART III
 
ITEM 10.   DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE
Information relating to our directors, including our audit committee and audit committee financial expert, will be contained in a definitive Proxy Statement involving the election of directors pursuant to Regulation 14A under the Securities Exchange Act of 1934, as amended.  We will file the Proxy Statement with the Securities and Exchange Commission no later than 120 days after December 31, 2019.  Such information is incorporated by reference herein.  Also incorporated herein by reference is the information under the caption “Section 16(a) Beneficial Ownership Reporting Compliance” of the Proxy Statement.
 
Executive Officers of the Registrant

The following is a list of the names, ages, principal occupations and positions with us of our executive officers and the positions held by such officers during the past five years.
 
 
 
 
 
PRINCIPAL OCCUPATION, POSITION AND OFFICE
Name
 
Age
 
(Current and during past five years with the Company unless otherwise stated)
Steven Roth
 
78
 
Chairman of the Board since May 2004 and Chief Executive Officer since March 1995; Chairman of the Board of Vornado Realty Trust since May 1989; Chief Executive Officer of Vornado Realty Trust since April 2013 and from May 1989 to May 2009; a Trustee of Vornado Realty Trust since 1979; and Managing General Partner of Interstate Properties.
Matthew Iocco
 
49
 
Chief Financial Officer since April 2017; Executive Vice President - Chief Accounting Officer of Vornado Realty Trust since May 2015; and Senior Vice President - Chief Accounting Officer of Vornado Realty Trust from May 2012 to May 2015.
 
We have a code of business conduct and ethics that applies to, among others, our Chief Executive Officer and Chief Financial Officer.  The code is posted on our website at www.alx-inc.com.  We intend to satisfy our disclosure obligation regarding amendments and waivers of this code applicable to our Chief Executive Officer and Chief Financial Officer by posting such information on our website.

61



ITEM 11.   EXECUTIVE COMPENSATION
Information relating to executive compensation will be contained in the Proxy Statement referred to in “Item 10.  Directors, Executive Officers and Corporate Governance” of this Annual Report on Form 10-K.  Such information is incorporated by reference herein.

ITEM 12.     SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS
Information relating to security ownership of certain beneficial owners and management and related stockholder matters, except as set forth below, will be contained in the Proxy Statement referred to in “Item 10.  Directors, Executive Officers and Corporate Governance” of this Annual Report on Form 10-K.  Such information is incorporated by reference herein.
 
Equity Compensation Plan Information  
 
The following table provides information as of December 31, 2019, regarding our equity compensation.
Plan Category
 
(a)
Number of securities
to be issued upon
exercise of
outstanding options,
warrants and rights
 
Weighted-average
exercise price of
outstanding options,
warrants and rights
 
Number of securities
remaining available for
future issuance under
equity compensation
plans (excluding
securities reflected in
column (a))
Equity compensation plans approved by security holders
 
11,408

 
$

 
494,379

Equity compensation plans not approved by security holders
 
N/A

 
N/A

 
N/A

Total
 
11,408

 
$

 
494,379


ITEM 13.      CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE
Information relating to certain relationships and related transactions and director independence will be contained in the Proxy Statement referred to in “Item 10.  Directors, Executive Officers and Corporate Governance” of this Annual Report on Form 10-K.  Such information is incorporated by reference herein.
 
ITEM 14.      PRINCIPAL ACCOUNTING FEES AND SERVICES
Information relating to principal accounting fees and services will be contained in the Proxy Statement referred to in “Item 10.  Directors, Executive Officers and Corporate Governance” of this Annual Report on Form 10-K.  Such information is incorporated by reference herein.

62



PART IV
 
ITEM 15.      EXHIBITS, FINANCIAL STATEMENT SCHEDULES
(a)        The following documents are filed as part of this Annual Report on Form 10-K.
 
1.    The consolidated financial statements are set forth in Item 8 of this Annual Report on Form 10-K.
 
2.    The following financial statement schedule should be read in conjunction with the financial statements included in Item 8 of this Annual Report on Form 10-K.
 
Pages in this
Annual Report
on Form 10-K
Schedule III – Real Estate and Accumulated Depreciation as of
 
December 31, 2019, 2018 and 2017
64-65
 
All other financial statement schedules are omitted because they are not applicable, not required, or the information is included elsewhere in the consolidated financial statements or the notes thereto.
 
 

63



ALEXANDER’S, INC. AND SUBSIDIARIES
SCHEDULE III
REAL ESTATE AND ACCUMULATED DEPRECIATION
 
December 31, 2019
(Amounts in thousands)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
COLUMN A
COLUMN B
 
COLUMN C
 
COLUMN D
 
COLUMN E
 
COLUMN F
 
COLUMN G
 
COLUMN H
 
COLUMN I
 
 
 
 
 
 
 
Gross Amount at Which
 
 
 
 
 
 
 
Life on which Depreciation in Latest Income Statement is Computed
 
 
 
Initial Cost to Company(1)
 
Costs
Capitalized
Subsequent
to Acquisition
 
Carried at Close of Period
 
Accumulated
Depreciation
and
Amortization
 
 
 
 
 
 
 
 
 
 
Buildings
and Leasehold
Improvements
 
 
 
 
Buildings
and Leasehold
Improvements
 
Development
and
Construction
In Progress
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Date of
Construction
 
Date
Acquired(1)
 
Description
Encumbrances(2)
 
Land
 
 
 
Land
 
 
 
Total(3)
 
 
 
 
New York, NY
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Rego Park I
$

 
$
1,647

 
$
8,953

 
$
61,930

 
$
1,647

 
$
62,822

 
$
8,061

 
$
72,530

 
$
36,790

 
1959
 
1992
 
3-39 years
Rego Park II
56,836

(4) 
3,127

 
1,467

 
388,349

 
3,127

 
389,782

 
34

 
392,943

 
103,688

 
2009
 
1992
 
3-40 years
The Alexander apartment tower

 

 

 
119,112

 

 
119,112

 

 
119,112

 
17,405

 
2016
 
1992
 
3-39 years
Rego Park III

 
779

 

 
4,297

 
779

 
503

 
3,794

 
5,076

 
290

 
N/A
 
1992
 
5-15 years
Flushing

 

 
1,660

 
(107
)
 

 
1,553

 

 
1,553

 
1,087

 
1975(5)
 
1992
 
N/A
Lexington Avenue
850,000

 
14,432

 
12,355

 
411,420

 
27,497

 
410,281

 
429

 
438,207

 
165,239

 
2003
 
1992
 
9-39 years
Paramus, NJ
68,000

 
1,441

 

 
10,313

 
11,754

 

 

 
11,754

 

 
N/A
 
1992
 
N/A
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Other Properties

 
167

 
1,804

 
(1,804
)
 
167

 

 

 
167

 

 
N/A
 
1992
 
N/A
TOTAL
$
974,836

 
$
21,593

 
$
26,239

 
$
993,510

 
$
44,971

 
$
984,053

 
$
12,318

 
$
1,041,342

 
$
324,499

 
 
 
 
 
 
 
 
(1) Initial cost is as of May 15, 1992 (the date on which the Company commenced its real estate operations).
(2) Excludes deferred debt issuance costs, net of $3,875.
(3) The net basis of the Company’s assets and liabilities for tax purposes is approximately $171,331 lower than the amount reported for financial statement purposes.
(4) The amount of this loan is net of our $195,708 loan participation.
(5) Represents the date the lease was acquired.



64



ALEXANDER’S, INC. AND SUBSIDIARIES
SCHEDULE III
REAL ESTATE AND ACCUMULATED DEPRECIATION
(Amounts in thousands)
 
 
December 31,
 
 
2019
 
2018
 
2017
REAL ESTATE:
 
 
 
 
 
 
Balance at beginning of period
 
$
1,027,691

 
$
1,037,368

 
$
1,033,551

Changes during the period:
 
 
 
 
 
 
Land
 

 

 

Buildings and leasehold improvements
 
5,579

 
3,218

 
3,046

Development and construction in progress
 
8,072

 
695

 
771

 
 
1,041,342

 
1,041,281

 
1,037,368

Less: Fully depreciated assets
 

 
(13,590
)
 

Balance at end of period
 
$
1,041,342

 
$
1,027,691

 
$
1,037,368

 
 
 
 
 
 
 
ACCUMULATED DEPRECIATION:
 
 
 
 
 
 
Balance at beginning of period
 
$
297,421

 
$
283,044

 
$
252,737

Additions charged to operating expenses
 
27,078

 
27,967

 
30,307

 
 
324,499

 
311,011

 
283,044

Less: Fully depreciated assets
 

 
(13,590
)
 

Balance at end of period
 
$
324,499

 
$
297,421

 
$
283,044





65



ITEM 15.      EXHIBITS, FINANCIAL STATEMENT SCHEDULES - continued
(b)      Exhibits
Exhibit No.
  
  
  
  
 
  
-
Amended and Restated Certificate of Incorporation. Incorporated herein by reference from Exhibit 3.1 to the registrant’s Registration Statement on Form S-3 filed on September 20, 1995
*
 
  
  
  
  
  
 
  
-
By-laws, as amended. Incorporated herein by reference from Exhibit 3(ii) to the registrant’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2000
*
 
 
 
 
 
 
 
 
-
Description of the Alexander’s, Inc. securities registered pursuant to Section 12 of the Securities Exchange Act
***
 
  
  
  
  
  
 
10.1
  
-
Real Estate Retention Agreement dated as of July 20, 1992, between Vornado Realty Trust and Keen Realty Consultants, Inc., each as special real estate consultants, and the Company. Incorporated herein by reference from Exhibit 10(i)(O) to the registrant’s Annual Report on Form 10-K for the fiscal year ended July 25, 1992
*
 
  
  
  
  
  
 
  
-
Extension Agreement to the Real Estate Retention Agreement, dated as of February 6, 1995, between the Company and Vornado Realty Trust. Incorporated herein by reference from Exhibit 10(i)(G)(2) to the registrant’s Annual Report on Form 10-K for the year ended December 31, 1994
*
 
  
  
  
  
  
 
  
-
Agreement of Lease dated as of April 30, 2001 between Seven Thirty One Limited Partnership, landlord, and Bloomberg L.P., tenant. Incorporated herein by reference from Exhibit 10(v) B to the registrant’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2001, filed on August 2, 2001
*
 
  
  
  
  
  
 
  
-
Lease dated as of October 2, 2001 by and between ALX of Paramus LLC, as Landlord, and IKEA Property, Inc. as Tenant. Incorporated herein by reference from Exhibit 10(v)(C)(4) to the registrant’s Annual Report on Form 10-K for the year ended December 31, 2001, filed on March 13, 2002
*
 
  
  
  
  
  
 
  
-
First Amendment to Real Estate Retention Agreement, dated as of July 3, 2002, by and between Alexander’s, Inc. and Vornado Realty, L.P. Incorporated herein by reference from Exhibit 10(i)(E)(3) to the registrant’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2002, filed on August 7, 2002
*
 
  
  
  
  
  
 
  
-
59th Street Real Estate Retention Agreement, dated as of July 3, 2002, by and between Vornado Realty, L.P., 731 Residential LLC and 731 Commercial LLC. Incorporated herein by reference from Exhibit 10(i)(E)(4) to the registrant’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2002, filed on August 7, 2002
*
 
  
  
  
  
  
 
  
-
Amended and Restated Management and Development Agreement, dated as of July 3, 2002, by and between Alexander’s, Inc., the subsidiaries party thereto and Vornado Management Corp. Incorporated herein by reference from Exhibit 10(i)(F)(1) to the registrant’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2002, filed on August 7, 2002
 
 
 
 
 
 
 
 
-
Limited Liability Company Operating Agreement of 731 Residential LLC, dated as of July 3, 2002, among 731 Residential Holding LLC, as the sole member, Domenic A. Borriello, as an Independent Manager and Kim Lutthang, as an Independent Manager. Incorporated herein by reference from Exhibit 10(i)(A)(1) to the registrant’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2002, filed on August 7, 2002
*
 
 
 
 
 
 
 
 
-
Limited Liability Company Operating Agreement of 731 Commercial LLC, dated as of July 3, 2002, among 731 Commercial Holding LLC, as the sole member, Domenic A. Borriello, as an Independent Manager and Kim Lutthang, as an Independent Manager. Incorporated herein by reference from Exhibit 10(i)(A)(2) to the registrant’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2002, filed on August 7, 2002
*
 
 
 
 
___________________
 
 
 
*
  
Incorporated by reference.
 
 
 
***
 
Filed herewith.
 
 

66



  
-
Reimbursement Agreement, dated as of July 3, 2002, by and between Alexander’s, Inc., 731 Commercial LLC, 731 Residential LLC and Vornado Realty, L.P. Incorporated herein by reference from Exhibit 10(i)(C)(8) to the registrant’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2002, filed on August 7, 2002
*
 
 
 
 
 
 
 
 
-
First Amendment of Lease, dated as of April 19, 2002, between Seven Thirty One Limited Partnership, landlord and Bloomberg L.P., tenant. Incorporated herein by reference from Exhibit 10(v)(B)(2) to the registrant’s Quarterly Report on Form 10-Q for the fiscal quarter ended June 30, 2002, filed on August 7, 2002
*
 
 
 
 
 
 
 
 
-
Second Amendment to Real Estate Retention Agreement, dated as of January 1, 2007, by and between Alexander’s, Inc. and Vornado Realty L.P.  Incorporated herein by reference from Exhibit 10.64 to the registrant’s Annual Report on Form 10-K for the year ended December 31, 2006, filed on February 26, 2007
*
 
  
 
 
 
 
 
 
-
Amendment to 59th Street Real Estate Retention agreement, dated as of January 1, 2007, by and among Vornado Realty L.P., 731 Retail One LLC, 731 Restaurant LLC, 731 Office One LLC and 731 Office Two LLC.  Incorporated herein by reference from Exhibit 10.65 to the registrant’s Annual Report on Form 10-K for the year ended December 31, 2006, filed on February 26, 2007
*
 
  
 
 
  
 
 
 
-
First Amendment to Amended and Restated Management and Development Agreement, dated as of July 6, 2005, by and between Alexander’s, Inc., the subsidiaries party thereto and Vornado Management Corp.  Incorporated herein by reference from Exhibit 10.52 to the registrant’s Annual Report on Form 10-K, for the year ended December 31, 2007, filed on February 25, 2008
*
 
  
 
 
  
 
 
 
-
Second Amendment to Amended and Restated Management and Development Agreement, dated as of December 20, 2007, by and between Alexander’s, Inc., the subsidiaries party thereto and Vornado Management Corp.  Incorporated herein by reference from Exhibit 10.53 to the registrant’s Annual Report on Form 10-K, for the year ended December 31, 2007, filed on February 25, 2008
*
 
  
 
 
  
 
 
 
-
Third Amendment to Real Estate Retention Agreement, dated as of December 20, 2007, by and between Alexander’s, Inc., and Vornado Realty L.P.  Incorporated herein by reference from Exhibit 10.55 to the registrant’s Annual Report on Form 10-K, for the year ended December 31, 2007, filed on February 25, 2008
*
 
 
 
 
 
 
 
 
-
Loan Agreement dated as of March 10, 2009 between Alexander’s Rego Shopping Center Inc., as Borrower and U.S. Bank National Association, as Lender.  Incorporated herein by reference from Exhibit 10.55 to the registrant’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2009, filed on May 4, 2009
*
 
 
 
 
 
 
 
 
-
Amended and Restated Mortgage, Security Agreement, Fixture Filing and Assignment of Leases and Rentals by and between Alexander’s Rego Shopping Center, Inc. as Borrower and U.S. Bank National Association as Lender, dated as of March 10, 2009.  Incorporated herein by reference from Exhibit 10.56 to the registrant’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2009, filed on May 4, 2009
*
 
 
 
 
 
 
 
 
-
Amended and Restated Promissory Note dated as of March 10, 2009, by Alexander’s Rego Shopping Center Inc., in favor of U.S. Bank National Association.  Incorporated herein by reference from Exhibit 10.57 to the registrant’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2009, filed on May 4, 2009
*
 
 
 
 
 
 
 
 
-
Cash Pledge Agreement dated as of March 10, 2009, executed by Alexander’s Rego Shopping Center Inc. to and for the benefit of U.S. Bank National Association.  Incorporated herein by reference from Exhibit 10.58 to the registrant’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2009, filed on May 4, 2009
*
 
 
 
 
 
 
 
 
-
Lease dated as of February 7, 2005, by and between 731 Office One LLC, as Landlord, and Citibank, N.A., as Tenant.  Incorporated herein by reference from Exhibit 10.59 to the registrant’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2009, filed on May 4, 2009
*
 
 
 
 
__________________
 
 
 
*
  
Incorporated by reference.
 
 

67



  
-
Assignment and Assumption and Consent Agreement, dated as of March 25, 2009, by and between 731 Office One LLC, as Landlord, Citicorp North America, Inc., as Assignor, and Bloomberg L.P., as Assignee.  Incorporated herein by reference from Exhibit 10.60 to the registrant’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2009, filed on May 4, 2009
*
 
  
  
  
  
  
 
  
-
Third Amendment to Amended and Restated Management and Development Agreement, dated as of November 30, 2011, by and between Alexander’s, Inc., the subsidiaries party thereto and Vornado Management Corp.  Incorporated herein by reference from Exhibit 10.49 to the registrant’s Annual Report on Form 10-K for the year ended December 31, 2011, filed on February 27, 2012
*
 
 
 
 
 
 
 
 
-
First Omnibus Loan Modification and Extension Agreement dated March 12, 2012 by and between Alexander’s Rego Shopping Center, Inc., as Borrower and U.S. Bank National Association, as Lender.  Incorporated herein by reference from Exhibit 10.55 to the registrant’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2012, filed on May 7, 2012
*
 
 
 
 
 
 
 
 
-
Mortgage Modification Agreement dated March 12, 2012 by and between Alexander’s Rego Shopping Center, Inc., as Mortgagor and U.S. Bank National Association, as Mortgagee.  Incorporated herein by reference from Exhibit 10.56 to the registrant’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2012, filed on May 7, 2012
*
 
 
 
 
 
 
 
 
-
Fourth Amendment to Amended and Restated Management and Development Agreement, dated as of August 1, 2012, by and between Alexander’s, Inc., the subsidiaries party thereto and Vornado Management Corp.  Incorporated herein by reference from Exhibit 10.2 to the registrants Quarterly Report on Form 10-Q for the quarter ended September 30, 2012, filed on November 1, 2012
*
 
 
 
 
 
 
 
 
-
Contribution Agreement and Joint Escrow Instructions, dated as of October 21, 2012, by and between Alexander’s Kings Plaza LLC, Alexander’s of Kings LLC and Kings Parking LLC, and Brooklyn Kings Plaza LLC. Incorporated herein by reference from Exhibit 10.53 to the registrant’s Annual Report on Form 10-K for the year ended December 31, 2012, filed on February 26, 2013
*
 
 
 
 
 
 
 
 
-
Fifth Amendment to Amended and Restated Management and Development Agreement, dated as of December 1, 2012, by and between Alexander’s, Inc., the subsidiaries party thereto and Vornado Management Corp. Incorporated herein by reference from Exhibit 10.54 to the registrant’s Annual Report on Form 10-K for the year ended December 31, 2012, filed on February 26, 2013
*
 
 
 
 
 
 
 
 
-
Second Omnibus Loan Modification and Extension Agreement, dated March 8, 2013, by and between Alexander’s Rego Shopping Center, Inc., as Borrower and U.S. Bank National Association, as Lender.  Incorporated herein by reference from Exhibit 10.3 to the registrant’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2013, filed on May 6, 2013
*
 
 
 
 
 
 
 
 
-
Second Mortgage Modification Agreement, dated March 8, 2013, by and between Alexander’s Rego Shopping Center, Inc., as Mortgagor and U.S. Bank National Association, as Mortgagee.  Incorporated herein by reference from Exhibit 10.4 to the registrant’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2013, filed on May 6, 2013
*
 
 
 
 
 
 
 
 
-
Loan Agreement, date as of February 28, 2014, by and between 731 Office One LLC, as Borrower, and German American Capital Corporation, as Lender.  Incorporated herein by reference from Exhibit 10.1 to the registrant’s Quarterly report on Form 10-Q for the quarter ended March 31, 2014, filed on May 5, 2014
*                   
 
 
 
 
 
 
 
 
-
Consolidated, Amended and Restated Promissory Note, dated as of February 28, 2014, by and between 731 Office One LLC, as Borrower, and German American Capital Corporation, as Lender.  Incorporated herein by reference from Exhibit 10.2 to the registrant’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2014, filed on May 5, 2014
*
 
 
 
 
 
 
 
 
-
Amended and Restated Mortgage, Assignment of Leases and Rents and Security Agreement, dated as of February 28, 2014, by and between 731 Office One LLC, as Mortgagor, and German American Capital Corporation, as Mortgagee.  Incorporated herein by reference from Exhibit 10.3 to the registrant’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2014, filed on May 5, 2014
*
 
 
 
 
__________________
 
 
 
*
  
Incorporated by reference.
 
 

68



 
-
Assignment of Leases and Rents dated as of February 28, 2014, by and between 731 Office One LLC, as Assignor, and German American Capital Corporation, as Assignee.  Incorporated herein by reference from Exhibit 10.4 to the registrant’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2014, filed on May 5, 2014
*
 
 
 
 
 
 
 
 
-
Guaranty of Recourse Obligations dated as of February 28, 2014, by and between Alexander’s, Inc., as Guarantor, and German American Capital Corporation, as Lender.  Incorporated herein by reference from Exhibit 10.5 to the registrant’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2014, filed on May 5, 2014
*
 
 
 
 
 
 
 
 
-
Environmental Indemnity Agreement dated as of February 28, 2014, by and between 731 Office One LLC, as Indemnitor, and German American Capital Corporation, as Indemnitee.  Incorporated herein by reference from Exhibit 10.6 to the registrant’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2014, filed on May 5, 2014
*
 
 
 
 
 
 
 
 
-
Termination Agreement dated as of February 28, 2014, by and among 731 Office One LLC, Alexander’s Management LLC, Vornado Realty L.P., 731 Office Two LLC, 731 Residential LLC, 731 Commercial LLC, 731 Retail One LLC and 731 Restaurant LLC.  Incorporated herein by reference from Exhibit 10.7 to the registrant’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2014, filed on May 5, 2014
*
 
 
 
 
 
 
 
 
-
Real Estate Sub-Retention Agreement dated as of February 28, 2014, by and between Alexander’s Management LLC, as Agent, and Vornado Realty L.P., as Sub-Agent.  Incorporated herein by reference from Exhibit 10.8 to the registrant’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2014, filed on May 5, 2014
*
 
 
 
 
 
 
 
 
-
Sixth Amendment to Amended and Restated Management and Development Agreement, dated as of March 21, 2014, by and between Alexander’s, Inc., the subsidiaries party thereto and Vornado Management Corp.  Incorporated herein by reference from Exhibit 10.9 to the registrant’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2014, filed on May 5, 2014
*
 
 
 
 
 
 
 
 
-
Rego Park II Residential Management and Development Agreement, dated as of March 21, 2014 by and between Alexander’s of Rego Residential LLC and Vornado Management Corp.  Incorporated herein by reference from Exhibit 10.10 to the registrant’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2014, filed on May 5, 2014
*
 
 
 
 
 
 
 
 
-
Fourth Amendment to Real Estate Retention Agreement, dated December 22, 2014 by and between Alexander’s, Inc. and Vornado Realty, L.P.  Incorporated herein by reference from Exhibit 10.56 to the registrant’s Annual Report on Form 10-K for the year ended December 31, 2014, filed on February 17, 2015
*
 
 
 
 
 
 
 
 
-
Second Amendment to 59th Street Real Estate Retention Agreement, dated December 22, 2014 by and between 731 Retail One LLC, 731 Restaurant LLC, 731 Office Two LLC and Vornado Realty, L.P. Incorporated herein by reference from Exhibit 10.57 to the registrant’s Annual Report on Form 10-K for the year ended December 31, 2014, filed on February 17, 2015
*
 
 
 
 
 
 
 
 
-
First Amendment to Rego II Real Estate Sub-Retention Agreement, dated December 22, 2014 by and between Alexander’s, Inc. and Vornado Realty L.P. Incorporated herein by reference from Exhibit 10.58 to the registrant’s Annual Report on Form 10-K for the year ended December 31, 2014, filed on February 17, 2015
*
 
 
 
 
 
 
 
 
-
First Amendment to Real-Estate Sub-Retention Agreement, dated December 22, 2014 by and between Alexander’s Management LLC and Vornado Realty, L.P.  Incorporated herein by reference from Exhibit 10.59 to the registrant’s Annual Report on Form 10-K for the year ended December 31, 2014, filed on February 17, 2015
*
 
 
 
 
 
 
 
 
-
Third Omnibus Loan Modification and Extension Agreement, dated March 10, 2015, by and between Alexander’s Rego Shopping Center, Inc., as Borrower and U.S. Bank National Association, as Lender. Incorporated herein by reference from Exhibit 10.1 to the registrant’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2015, filed on May 4, 2015 
*
 
 
 
 
 
 
 
 
-
Third Mortgage Modification Agreement, dated March 10, 2015, by and between Alexander’s Rego Shopping Center, Inc., as Mortgagor and U. S. Bank National Association, as Mortgagee.  Incorporated herein by reference from Exhibit 10.2 to the registrant’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2015, filed on May 4, 2015
*
 
 
 
 
__________________
 
 
 
*
  
Incorporated by reference.
 
 

69



 
-
Loan Agreement, dated as of August 5, 2015, by and between 731 Retail One LLC and 731 Commercial LLC, as Borrower, and JPMorgan Chase Bank, N.A., Wells Fargo Bank, N.A., and Landesbank Baden-Württemberg, New York Branch, as Lenders.  Incorporated herein by reference from Exhibit 10.3 to the registrant’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2015, filed on November 2, 2015 
*
 
 
 
 
 
 
 
+
-
Second Amendment of Lease, dated as of the 12th of January 2016 between 731 Office One LLC and Bloomberg L.P. Incorporated herein by reference from Exhibit 10.1 to the registrant’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2016, filed on May 2, 2016
*
 
 
 
 
 
 
 
 
-
Fourth Omnibus Loan Modification and Extension Agreement, dated and made effective as of March 8, 2016, by and between Alexander’s Rego Shopping Center and U.S. Bank National Association. Incorporated herein by reference from Exhibit 10.2 to the registrant’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2016, filed on May 2, 2016
*
 
 
 
 
 
 
 
 
-
Fourth Mortgage Modification Agreement, dated and made effective as of March 8, 2016, by and between Alexander’s Rego Shopping Center and U.S. Bank National Association.  Incorporated herein by reference from Exhibit 10.3 to the registrant’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2016, filed on May 2, 2016
*
 
 
 
 
 
 
 
**
-
Form of Alexander’s Inc. 2016 Omnibus Stock Plan Deferred Stock Unit Grant Agreement between the Company and certain employees. Incorporated herein by reference from Exhibit 10.4 to the registrant’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2016, filed on August 1, 2016
*
 
 
 
 
 
 
 
 
-
Loan Agreement, dated as of June 1, 2017, between 731 Office One LLC, as Borrower, and Deutsche Bank AG, New York Branch and Citigroup Global Markets Realty Corp. collectively, as Lender. Incorporated herein by reference from Exhibit 10.1 to the registrant’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2017, filed on July 31, 2017

*
 
 
 
 
 
 
 
 
-
Fifth Omnibus Loan Modification and Extension Agreement, dated and made effective as of March 12, 2018, by and between Alexander’s Rego Shopping Center, Inc., as Borrower, and U.S. Bank National Association, as Lender. Incorporated herein by reference from Exhibit 10.1 to the registrant’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2018, filed on April 30, 2018
*
 
 
 
 
 
 
 
 
-
Sixth Omnibus Loan Modification and Extension Agreement, dated and made effective as of April 12, 2018, by and between Alexander’s Rego Shopping Center, Inc., as Borrower, and U.S. Bank National Association, as Lender. Incorporated herein by reference from Exhibit 10.2 to the registrant’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2018, filed on April 30, 2018
*
 
 
 
 
 
 
 
 
-
Amended and Restated Loan and Security Agreement, dated and made effective as of December 12, 2018, by and between Rego II Borrower LLC, as Borrower, and Bank of China, New York Branch, as Lender. Incorporated herein by reference from Exhibit 10.55 to the registrant’s Annual Report on Form 10-K for the year ended December 31, 2018, filed on February 11, 2019
*
 
 
 
 
 
 
 
 
-
Second Amended and Restated Promissory Note, dated December 12, 2018, by and between Rego II Borrower LLC, as Maker, and Bank of China, New York Branch, as Lender. Incorporated herein by reference from Exhibit 10.56 to the registrant’s Annual Report on Form 10-K for the year ended December 31, 2018, filed on February 11, 2019
*
 
 
 
 
 
 
 
 
-
Second Amended and Restated Mortgage, Assignment of Leases and Rents and Security Agreement, dated December 12, 2018, by and between Rego II Borrower LLC, as Mortgagor, and Bank of China, New York Branch, as Mortgagee. Incorporated herein by reference from Exhibit 10.57 to the registrant’s Annual Report on Form 10-K for the year ended December 31, 2018, filed on February 11, 2019
*
 
 
 
 
 
 
 
 
 
 
__________________
 
 
 
*
 
Incorporated by reference.
 
 
 
**
 
Management contract or compensatory agreement.
 
 
 
+
 
Portions of this exhibit have been omitted pursuant to a request for confidential treatment filed with the Securities and Exchange Commission under Rule 24b-2. The omitted confidential material has been filed separately. The location of the redacted confidential information is indicated in the exhibit as “redacted.”
 
 

70



 
-
Amended and Restated Guaranty of Recourse Carveouts, dated December 12, 2018, by Alexander’s, Inc., as Guarantor, to and for the benefit of Bank of China, New York Branch, as Lender. Incorporated herein by reference from Exhibit 10.58 to the registrant’s Annual Report on Form 10-K for the year ended December 31, 2018, filed on February 11, 2019
*
 
 
 
 
 
 
 
 
-
Amended and Restated Environmental Indemnity Agreement, dated December 12, 2018, among Rego II Borrower LLC and Alexander’s, Inc., individually or collectively as Indemnitor, in favor of Bank of China, New York Branch, as Lender. Incorporated herein by reference from Exhibit 10.59 to the registrant’s Annual Report on Form 10-K for the year ended December 31, 2018, filed on February 11, 2019
*
 
 
 
 
 
 
 
 
-
Amended and Restated Participation and Servicing Agreement for Amended and Restated Loan and Security Agreement, dated December 12, 2018, between Bank of China, New York Branch, individually as Lender, Initial A-1 Holder and as the Agent for the Holders, and Alexander’s of Rego Park II Participating Lender LLC, individually as Initial A-2 Holder. Incorporated herein by reference from Exhibit 10.60 to the registrant’s Annual Report on Form 10-K for the year ended December 31, 2018, filed on February 11, 2019
*
 
 
 
 
 
 
 
 
-
Waiver and Amendment No. 1 to Loan Agreement, dated October 10, 2019, by and among 731 Retail One LLC and 731 Commercial LLC, as Borrower, and JPMorgan Chase Bank, N.A., Wells Fargo Bank, N.A., and Landesbank Baden-Württemberg, New York Branch, as Lenders
***
 
 
 
 
 
 
 
 
-
Subsidiaries of Registrant
***
 
 
 
 
 
 
 
 
-
Consent of Independent Registered Public Accounting Firm
***
 
 
 
 
 
 
 
 
-
Rule 13a-14 (a) Certification of the Chief Executive Officer
***
 
 
 
 
 
 
 
 
-
Rule 13a-14 (a) Certification of the Chief Financial Officer
***
 
 
 
 
 
 
 
 
-
Section 1350 Certification of the Chief Executive Officer
***
 
 
 
 
 
 
 
 
-
Section 1350 Certification of the Chief Financial Officer
***
 
 
 
 
 
 
 
101
 
-
The following financial information from the Alexander’s, Inc. Annual Report on Form 10-K for the year ended December 31, 2019 formatted in Inline Extensible Business Reporting Language (iXBRL) includes: (i) consolidated balance sheets, (ii) consolidated statements of income, (iii) consolidated statements of comprehensive income, (iv) consolidated statements of changes in equity, (v) consolidated statements of cash flows and (vi) the notes to the consolidated financial statements
***
 
 
 
 
 
 
 
104
 
-
The cover page from the Alexander’s, Inc. Annual Report on Form 10-K for the year ended December 31, 2019, formatted as Inline XBRL and contained in Exhibit 101
***
 
 
 
 
__________________
 
 
 
*
 
Incorporated by reference.
 
 
 
***
 
Filed herewith.
 
 


71



ITEM 16.   FORM 10-K SUMMARY
None.


72



SIGNATURES
 
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
 
 
 
ALEXANDER’S, INC.
 
 
 
 
 
(Registrant)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Date:  February 18, 2020
By:
 
/s/ Matthew Iocco
 
 
 
 
 
Matthew Iocco, Chief Financial Officer
 
 
 
 
 
 
 
 
Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
 
Signature
 
Title
 
Date
 
 
 
 
 
 
 
 
 
By:
/s/Steven Roth
 
Chairman of the Board of Directors and
 
February 18, 2020
 
 
(Steven Roth)
 
 
Chief Executive Officer
 
 
 
 
 
 
 
(Principal Executive Officer)
 
 
 
 
 
 
 
 
 
 
 
By:
/s/Matthew Iocco
 
Chief Financial Officer

 
February 18, 2020
 
 
(Matthew Iocco)
 
 
(Principal Financial and Accounting Officer)

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
By:
/s/Thomas R. DiBenedetto
 
Director
 
February 18, 2020
 
 
(Thomas R. DiBenedetto)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
By:
/s/David Mandelbaum
 
Director
 
February 18, 2020
 
 
(David Mandelbaum)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
By:
/s/Wendy Silverstein
 
Director
 
February 18, 2020
 
 
(Wendy Silverstein)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
By:
/s/Arthur Sonnenblick
 
Director
 
February 18, 2020
 
 
(Arthur Sonnenblick)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
By:
/s/Richard R. West
 
Director
 
February 18, 2020
 
 
(Richard R. West)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
By:
/s/Russell B. Wight Jr.
 
Director
 
February 18, 2020
 
 
(Russell B. Wight Jr.)
 
 
 
 
 
 

73
EX-4 2 exhibit4.htm EXHIBIT 4 Exhibit


EXHIBIT 4
DESCRIPTION OF THE ALEXANDER'S, INC. SECURITIES REGISTERED PURSUANT TO SECTION 12 OF THE SECURITIES EXCHANGE ACT
The following descriptions are summaries of the material terms and provisions of Alexander’s preferred stock and common stock contained in Alexander’s certificate of incorporation and Alexander’s by-laws. Copies of the certificate of incorporation and by-laws are filed as exhibits to this Annual Report on Form 10-K. Please note that the terms “we,” “us,” “our,” “Company” and “Alexander’s” refer to Alexander’s, Inc. and its consolidated subsidiaries, unless the context requires otherwise.
General
Our certificate of incorporation authorizes the issuance of up to 26,000,000 shares of capital stock, consisting of 10,000,000 shares of common stock, $1.00 par value per share (the “common stock”), 3,000,000 shares of preferred stock, $1.00 par value per share (the “preferred stock”) and 13,000,000 shares of excess stock, $1.00 par value per share (the “excess stock”). As of December 31, 2019, 5,173,450 and 5,107,290 shares of common stock were issued and outstanding, respectively. No shares of preferred stock or shares of excess stock are issued and outstanding as of the date of this Annual Report on Form 10-K.
Dividend and Voting Rights of Holders of Common Stock
Holders of our common stock are entitled to receive dividends when, if and as authorized by our board of directors out of assets legally available to pay dividends.
Each common share entitles the holder to one vote on all matters voted on by stockholders, including elections of directors. There is no cumulative voting in the election of directors, which means that the holders of a majority of the outstanding common stock can elect all of the directors then standing for election.
Our certificate of incorporation requires the affirmative vote of two-thirds of the outstanding shares of our stock entitled to vote before we may merge with another corporation.
Holders of common stock do not have any conversion, redemption or preemptive rights to subscribe to any securities of our Company. In the event of our dissolution, liquidation or winding-up, after the payment or provision of our debts and other liabilities and the preferential amounts to which holders of our preferred stock are entitled, if any such preferred stock is outstanding, the holders of the common stock are entitled to share ratably in any assets remaining for distribution to stockholders.
The common stock has equal dividend, distribution, liquidation and other rights, and there are no preference, appraisal or exchange rights applicable thereto. All outstanding shares of common stock are, and any shares of common stock offered, upon issuance, will be, fully paid and nonassessable.
American Stock Transfer & Trust Company, LLC, is the transfer agent for the common stock.

1



Restrictions on Ownership of Common Stock
The Common Stock Beneficial Ownership Limit. Our certificate of incorporation contains a number of provisions that restrict the ownership and transfer of shares and are designed to safeguard us against an inadvertent loss of REIT status. These provisions also seek to deter non-negotiated acquisitions of, and proxy fights for, us by third parties. In order to maintain our qualification as a REIT under the Internal Revenue Code, not more than 50% of the value of our outstanding shares of capital stock may be owned, directly or constructively, by five or fewer individuals at any time during the last half of a taxable year and the shares of capital stock must be beneficially owned by 100 or more persons during at least 335 days of a taxable year of 12 months, or during a proportionate part of a shorter taxable year. The Internal Revenue Code defines “individuals” to include some entities for purposes of the preceding sentence. All references to a holder’s ownership of common stock in this section assumes application of the applicable attribution rules of the Internal Revenue Code under which, for example, a holder is deemed to own shares owned by his or her spouse.
Our certificate of incorporation contains a limitation that restricts stockholders from owning more than 4.9% of the outstanding shares of common stock. In certain circumstances, our board of directors may reduce the common stock beneficial ownership limit to as little as 2%, but only if any person who owns shares in excess of such new limit could continue to do so. Our board of directors has, subject to certain conditions and limitations, exempted our manager, Vornado Realty Trust, and certain of its affiliates from the common stock beneficial ownership limit. As a result, it is less likely as a practical matter that another holder of common stock could obtain an exemption.
Attribution Rules. Investors should be aware that under the applicable attribution rules of the Internal Revenue Code, events other than a purchase or other transfer of common stock can result in ownership of common stock in excess of the common stock beneficial ownership limit. For instance, if two stockholders, each of whom owns 3% of the outstanding common stock, were to marry, then after their marriage both stockholders would be deemed to own 6% of the outstanding shares of common stock, which is in excess of the common stock beneficial ownership limit. Similarly, if a stockholder who owns 4% of the outstanding common stock were to purchase a 50% interest in a corporation which owns 3% of the outstanding common stock, then the stockholder would be deemed to own 5.5% of the outstanding shares of common stock.
The Constructive Ownership Limit. Under the Internal Revenue Code, rental income received by a REIT from persons with respect to which the REIT is treated, under the applicable attribution rules of the Internal Revenue Code, as owning a 10% or greater interest does not constitute qualifying income for purposes of the income requirements that REITs must satisfy. For these purposes, a REIT is treated as owning any stock owned, under the applicable attribution rules of the Internal Revenue Code, by a person that owns 10% or more of the value of the outstanding shares of the REIT. The attribution rules of the Internal Revenue Code applicable for these purposes are different from those applicable with respect to the common stock beneficial ownership limit. All references to a stockholder’s ownership of common stock in this section assume application of the applicable attribution rules of the Internal Revenue Code.

2



In order to ensure that our rental income will not be treated as non-qualifying income under the rule described in the preceding paragraph, and thus to ensure that we will not inadvertently lose our REIT status as a result of the ownership of shares of a tenant, or a person that holds an interest in a tenant, our certificate of incorporation contains an ownership limit that restricts, with certain exceptions, stockholders from owning more than 9.9% of the outstanding shares of any class (the “common stock beneficial ownership limit”).
Stockholders should be aware that events other than a purchase or other transfer of shares can result in ownership, under the applicable attribution rules of the Internal Revenue Code, of shares in excess of the constructive ownership limit. As the attribution rules that apply with respect to the constructive ownership limit differ from those that apply with respect to the common stock beneficial ownership limit, the events other than a purchase or other transfer of shares which can result in share ownership in excess of the constructive ownership limit can differ from those which can result in share ownership in excess of the common stock beneficial ownership limit.
Issuance of Excess Stock if the Ownership Limits Are Violated. Our certificate of incorporation provides that a transfer of shares of common stock that would otherwise result in ownership, under the applicable attribution rules of the Internal Revenue Code, of common stock in excess of the common stock beneficial ownership limit or the constructive ownership limit, or which would cause the shares of capital stock of Alexander’s to be beneficially owned by fewer than 100 persons, would have no effect and the purported transferee would acquire no rights or economic interest in such common stock. In addition, common stock that would otherwise be owned, under the applicable attribution rules of the Internal Revenue Code, in excess of the common stock beneficial ownership limit or the constructive ownership limit will be automatically exchanged for shares of excess stock. These shares of excess stock would be transferred, by operation of law, to us as trustee of a trust for the exclusive benefit of a beneficiary designated by the purported transferee or purported holder. While held in trust, the trustee shall vote the shares of excess stock in the same proportion as the holders of the outstanding shares of common stock have voted. Any dividends or distributions received by the purported transferee or other purported holder of the excess stock before our discovery of the automatic exchange for shares of excess stock must be repaid to us upon demand.
If the purported transferee or purported holder elects to designate a beneficiary of an interest in the trust with respect to the excess stock, he or she may only designate a person whose ownership of the shares will not violate the common stock beneficial ownership limit or the constructive ownership limit. When the designation is made, the excess stock will be automatically exchanged for common stock. Our certificate of incorporation contains provisions designed to ensure that the purported transferee or other purported holder of shares of excess stock may not receive in return for transferring an interest in the trust with respect to the excess stock, an amount that reflects any appreciation in the shares of common stock for which the shares of excess stock were exchanged during the period that the shares of excess stock were outstanding but will bear the burden of any decline in value during that period. Any amount received by a purported transferee or other purported holder for designating a beneficiary in excess of the amount permitted to be received must be turned over to us. Our certificate of incorporation provides that we may purchase any shares of excess stock that have been automatically exchanged for shares of common stock as a result of a purported transfer or other event. The price at which we may purchase the excess stock will be equal to the lesser of:

3



in the case of shares of excess stock resulting from a purported transfer for value, the price per share in the purported transfer that resulted in the automatic exchange for shares of excess stock or, in the case of excess stock resulting from some other event, the market price of the shares of common stock exchanged on the date of the automatic exchange for excess stock, and
the market price of the shares of common stock exchanged for the excess stock on the date that we accept the deemed offer to sell the excess stock.
Our purchase right with respect to excess stock will exist for 90 days, beginning on the date that the automatic exchange for shares of excess stock occurred or, if we did not receive a notice concerning the purported transfer that resulted in the automatic exchange for shares of excess stock, the date that our board of directors determines in good faith that an exchange for excess stock has occurred.
Other Provisions Concerning the Restrictions on Ownership. Our board of directors may exempt certain persons from the common stock beneficial ownership limit or the constructive ownership limit if evidence satisfactory to our board of directors is presented showing that such exemption will not jeopardize our status as a REIT under the Internal Revenue Code. Before granting an exemption of this kind, our board of directors may require a ruling from the Internal Revenue Service, an opinion of counsel satisfactory to it and representations and undertakings from the applicant with respect to preserving our REIT status.
Our board of directors has, subject to certain conditions and limitations, exempted our manager, Vornado Realty Trust, and certain of its affiliates from the common stock beneficial ownership limit. As a result, it is less likely as a practical matter that another holder of common stock could obtain an exemption.
The foregoing restrictions on ownership and transfer will not apply if our board of directors determines that it is no longer in our best interests to attempt to qualify, or continue to qualify, as a REIT. Sections 382 and 383 of the Internal Revenue Code impose limitations upon the utilization of a corporation’s net operating loss and credit carryforwards and certain other tax attributes, following significant changes in the corporation’s stock ownership. In order to preserve our ability to use net operating loss carryforwards, if any, to reduce taxable income, our certificate of incorporation also contains additional provisions restricting the ownership of our outstanding shares (the “Section 382 ownership restrictions”). The Section 382 ownership restrictions merely reduce the risk of certain occurrences that could cause such a limitation to arise. It is still possible that, due to transfers (either directly or indirectly) of our outstanding shares, we could become subject to a limitation under Section 382 or 383.
Our certificate of incorporation provides, in general, that, subject to the exceptions described in the next paragraph, no person may acquire shares of our Company, or options or warrants to acquire such shares, if as a result such person (or another person to which such shares were attributed under certain complex attribution rules, which differ in certain respects from those that apply for purposes of the common stock beneficial ownership limit or the constructive ownership limit) would own, directly or under such attribution rules, 5% or more of the class of such outstanding shares (hereinafter, such person’s “ownership interest percentage”). In addition, subject to the exceptions described in the next paragraph, no person whose ownership interest percentage of a class of shares equals or exceeds 5% can acquire or transfer such shares, or options or warrants to acquire such shares. The foregoing restrictions apply independently to each class of our outstanding stock.

4



The foregoing restrictions do not apply to (i) acquisitions and transfers of shares of common stock by certain persons and their affiliates whose ownership interest percentage of common stock on September 21, 1993 was 5% or more, (ii) transfers of shares pursuant to an offering by us, to the extent determined by our board of directors, and (iii) other transfers of shares specifically approved by our board of directors.
Transfers of shares, options or warrants in violation of the Section 382 ownership restrictions would be void, and the transferee would acquire no rights in such shares, options or warrants. Thus, a purported acquiror would have no right to vote such shares or to receive dividends. Moreover, upon our demand, a purported acquiror of shares, options or warrants would be required to transfer them to an agent designated by us. The agent, generally, would sell such shares, options or warrants, remit the proceeds thereof to the purported acquiror to the extent of such person’s purchase price for the shares and, to the extent possible, remit the balance of the proceeds to such person’s transferor. A similar procedure would be applied to any dividends paid to, and to the proceeds of any resale of shares, options or warrants by, the purported acquiror.
Our board of directors has the authority to designate a date as of which the Section 382 ownership restrictions will no longer apply.
All certificates representing shares of common stock will bear a legend referring to the restrictions described above.
All persons who own, directly or by virtue of the applicable attribution rules of the Internal Revenue Code, more than 2% of the shares of outstanding common stock must give a written notice to us containing the information specified in our certificate of incorporation by January 31 of each year. In addition, each stockholder shall upon demand be required to disclose to us such information as we may request, in good faith, in order to determine our status as a REIT or to comply with Treasury Regulations promulgated under the REIT provisions of the Internal Revenue Code.
Important Provisions of Delaware Law and Our Certificate of Incorporation and By-Laws
The following is a summary of important provisions of Delaware law and our certificate of incorporation and by-laws which affect us and our stockholders. The description below is intended as only a summary. You can access complete information by referring to Delaware General Corporation Law and our certificate of incorporation and by-laws.
Business Combinations with Interested Stockholders Under Delaware Law. Section 203 of the Delaware General Corporation Law prevents a publicly held corporation from engaging in a “business combination” with an “interested stockholder” for a period of three years after the date of the transaction in which the person became an interested stockholder, unless:

5



before the date on which the person became an interested stockholder, the board of directors of the corporation approved either the business combination or the transaction in which the person became an interested stockholder,
the interested stockholder owned at least 85% of the outstanding voting stock of the corporation at the beginning of the transaction in which it became an interested stockholder, excluding stock held by directors who are also officers of the corporation and by employee stock plans that do not provide participants with the rights to determine confidentially whether shares held subject to the plan will be tendered in a tender or exchange offer, or
after the date on which the interested stockholder became an interested stockholder, the business combination is approved by the board of directors and the holders of two-thirds of the outstanding voting stock of the corporation voting at a meeting, excluding the voting stock owned by the interested stockholder.
As defined in Section 203, an “interested stockholder” is generally a person owning 15% or more of the outstanding voting stock of the corporation. As defined in Section 203, a “business combination” includes mergers, consolidations, stock and assets sales and other transactions with the interested stockholder.
The provisions of Section 203 may have the effect of delaying, deferring or preventing a change of control of Alexander’s, Inc.
Amendment of Our Certificate of Incorporation and By-Laws. Amendments to our certificate of incorporation must be approved by our board of directors. Unless otherwise required by law, our board of directors may amend our by-laws by a majority vote of the directors then in office.
Meetings of Stockholders. Under our by-laws, we will hold annual meetings of our stockholders at a date and time as determined by our board of directors, chairman, vice chairman or president. Our by-laws require advance notice for our stockholders to make nominations of candidates for our board of directors or bring other business before an annual meeting of our stockholders. The chairman or vice chairman shall call special meetings of our stockholders whenever stockholders owning at least a majority of our issued and outstanding shares entitled to vote on matters to be submitted to stockholders shall request in writing such a meeting.
Board of Directors. Our board of directors is divided into three classes. As the term of each class expires, directors in that class will be elected for a term of three years and until their successors are duly elected and qualified. These staggered terms may reduce the possibility of an attempt to change control of Alexander’s.

6
EX-10.61 3 exhibit1061.htm EXHIBIT 10.61 Exhibit
EXHIBIT 10.61

WAIVER AND AMENDMENT NO. 1 TO LOAN AGREEMENT
by and among
731 RETAIL ONE LLC and 731 COMMERCIAL LLC
as Borrower
THE LENDERS PARTY HERETO
as Lenders,
and
JPMORGAN CHASE BANK, N.A.
as Administrative Agent




Date:    As of October 10, 2019




WAIVER AND AMENDMENT NO. 1 TO LOAN AGREEMENT
This WAIVER AND AMENDMENT NO. 1 TO LOAN AGREEMENT (this “Amendment”) is entered into as of October 10, 2019 among 731 RETAIL ONE LLC (“731 Retail”), a Delaware limited liability company, and 731 COMMERCIAL LLC (“731 Commercial”), a Delaware limited liability company (731 Retail and 731 Commercial are jointly, severally and collectively, “Borrower”); the Lenders party to the Loan Agreement hereinafter described (individually, a “Lender” and, collectively, the “Lenders”); and JPMORGAN CHASE BANK, N.A., as administrative agent for the Lenders (in such capacity, “Administrative Agent”).
W I T N E S S E T H :
WHEREAS, Borrower, Administrative Agent and the Lenders entered into a certain Loan Agreement, dated as of August 5, 2015 (the “Loan Agreement”) (all capitalized terms used but not defined in this Amendment shall have the meanings ascribed to them in the Loan Agreement, as amended hereby);
WHEREAS, pursuant to and subject to the terms of the Loan Agreement, the Lenders made certain Loans to Borrower secured by, among other things, the Project;
WHEREAS, a DSCR Trigger Event has occurred as a result of the Debt Service Coverage Ratio being less than the Required DSCR as of the two (2) immediately preceding DSCR Calculation Dates, and a Cash Management Period has therefore commenced (such Cash Management Period being herein referred to as the “Existing Cash Management Period”);
WHEREAS, Borrower has requested that the Lenders and Administrative Agent waive the imposition of certain so-called “hard lockbox” procedures set forth in the Loan Agreement upon the commencement of the Existing Cash Management Period; and
WHEREAS, the Lenders and Administrative Agent are willing to agree to Borrower’s request upon and subject to the terms and conditions set forth herein.
NOW, THEREFORE, in consideration of the mutual agreements contained herein and ten ($10.00) dollars and other good and valuable consideration, the receipt of which is hereby acknowledged, Borrower, the Lenders and Administrative Agent hereby agree as follows:
1.    Incorporation of Recitals. The foregoing Recitals are incorporated herein as if fully set forth herein.
2.    Waiver.
(a)    The Lenders and Administrative Agent hereby waive, effective as of the commencement of the Existing Cash Management Period, the requirements that, during the Existing Cash Management Period, (i) all available funds on deposit in the Restricted Account be transferred on each Business Day from the Restricted Account to the Cash Management Account in accordance with Section 4.1(5) of the Loan Agreement, (ii) the funds deposited from time to






time into the Cash Management Account be disbursed in accordance with Sections 4.2(5) and 4.2(6) of the Loan Agreement, and (iii) Borrower deposit with Administrative Agent Monthly Insurance Premium Deposits, Monthly Tax Deposits and Monthly Condominium Charges Deposits in accordance with Sections 3.1(8), 9.2(2) and 9.28 of the Loan Agreement, respectively (the “Waiver”).
(b)    The Waiver shall terminate upon the occurrence of any Event of Default. In addition, Administrative Agent shall have the right, at its option (exercised by written notice to Borrower and the Lenders), to terminate the Waiver upon the occurrence any Potential Default, including, without limitation, any failure by Borrower to comply with its obligations under Sections 4.4, 8.1 and/or 9.22 of the Loan Agreement (as modified by this Amendment). If the Waiver terminates as provided above, (1) Administrative Agent shall notify Restricted Account Bank that a Cash Management Period is in effect and that all available funds on deposit in the Restricted Account shall thereafter be disbursed on each Business Day to the Cash Management Account and (2) Borrower will commence making (or causing to be made) Monthly Insurance Premium Deposits, Monthly Tax Deposits and Monthly Condominium Charges Deposits in accordance with Sections 3.1(8), 9.2(2) and 9.28 of the Loan Agreement on the Payment Date immediately following such termination (or, if such termination occurred within ten (10) Business Days of such Payment Date, on or prior to such tenth (10th) Business Day).
(c)    This Amendment shall not waive or modify any of the terms and provisions of the Loan Agreement except as expressly waived or modified pursuant to this Amendment, including, without limitation, Borrower’s obligations during the Existing Cash Management Period to establish and maintain the Cash Management Account in accordance with Section 4.2 of the Loan Agreement and to provide budgets in accordance with Section 8.4 of the Loan Agreement.
3.    Amendments. The Loan Agreement is hereby amended as follows, effective as of the commencement of the Existing Cash Management Period and continuing until the earlier to occur of (i) such time (if any) as the Waiver shall be terminated as provided above or (ii) the expiration of the Existing Cash Management Period (after which time the following amendments shall no longer be in effect):
(a)    The following definitions are added to Section 1.1 in the appropriate alphabetical order:
Actual Operating Revenues” means, with respect to the month in question, all revenues actually received by Borrower during such month from the use, ownership and operation of the Project, as determined on a cash basis.
Actual Operating Expenses” means, with respect to the month in question, all expenses actually paid by Borrower during such month in connection with the operation, management, maintenance, repair and use of the Project (including, without limitation, leasing costs, capital expenditures and Approved Extraordinary Expenses), as determined on a cash basis.


2




Excess Cash Flow” means, with respect to any month, the amount by which (i) Actual Operating Revenues received during such month shall exceed (ii) the sum of (x) Actual Operating Expenses (including Approved Extraordinary Expenses) paid by Borrower during such month (excluding, however, any amounts released from the Excess Cash Flow Sweep Account with respect to such month in accordance with Section 4.4 hereof) and (y) actual debt service in respect of the Loans for such month.
Excess Cash Flow Sweep Account” means a “blocked” account established and maintained at JPMCB, which account shall be in the name of Borrower for the benefit of Administrative Agent, on behalf of the Lenders, provided that (i) Borrower shall be the owner of all funds on deposit in such accounts for federal and applicable state and local tax purposes and such account shall be assigned the tax identification number of Borrower and (ii) such account shall be under the sole and exclusive dominion and control of Administrative Agent and, except as may be expressly provided in this Agreement, neither Borrower, Manager nor any other party claiming on behalf of, or through, Borrower or Manager shall have any right to transfer, withdraw, access or otherwise direct the disposition of funds on deposit in such account or have any other right or power with respect to such account.
(b)    Section 4.4 is deleted in its entirety and the following new Section 4.4 is inserted in lieu thereof:
Section 4.4 Debt Service Coverage Ratio.
For purposes of this Agreement, a “DSCR Trigger Event” shall occur if the Debt Service Coverage Ratio as of two (2) consecutive DSCR Calculation Dates shall be less than the Required DSCR (it being acknowledged and agreed that a DSCR Trigger Event occurred as of June 30, 2019), and shall continue in effect until such time as (i) the Debt Service Coverage Ratio as of two (2) consecutive DSCR Calculation Dates shall be equal to or greater than the Required DSCR or (ii) when the amount on deposit in the Excess Cash Flow Sweep Account equals or exceeds an amount equal to the DSCR Shortfall (Cash Management Test). Notwithstanding the foregoing, a DSCR Trigger Event shall not be deemed to have occurred if Borrower shall deposit with Administrative Agent, not later than ten (10) days after Administrative Agent shall notify Borrower that a DSCR Trigger Event has occurred cash or a Qualified Letter of Credit in an amount equal to the DSCR Shortfall (Cash Management Test). During the existence of a DSCR Trigger Event, Borrower shall, not later than twelve (12) Business Days after the end of each calendar month, deposit all Excess Cash Flow with respect to such month into the Excess Cash Flow Sweep Account. All amounts deposited into the Excess Cash Flow Sweep Account and all amounts and other collateral otherwise deposited with Administrative Agent pursuant this Section shall be deemed Additional Collateral. All calculations to be made under this Section 4.4 shall be made by Borrower based on the information and documentation delivered to Administrative Agent pursuant to Section 8.1 hereof and shall be subject to Administrative Agent’s review and approval, which review and approval shall be conclusive and binding on Borrower absent manifest error.  Any Additional Collateral held by Administrative Agent pursuant to this Section 4.4 at the time of payment in full of the Indebtedness shall be promptly returned to Borrower after the Indebtedness has been paid in full. If any Additional Collateral is provided to Administrative Agent pursuant to this Section 4.4, and thereafter the Debt Service Coverage Ratio shall be equal to or greater than the Required DSCR

3




as of two (2) consecutive DSCR Calculation Dates without taking into account the Additional Collateral then held by Administrative Agent pursuant to this Section 4.4, then Administrative Agent shall release such Additional Collateral to Borrower within ten (10) days after Borrower’s written request therefor and Administrative Agent’s confirmation of the satisfaction of Borrower’s compliance with such condition, provided that no Event of Default then exists and except to the extent such Additional Collateral constitutes Restricted Collateral.  In addition, Administrative Agent shall release portions of the amounts held in the Excess Cash Flow Sweep Account to pay Actual Operating Expenses provided for in the Approved Annual Budget and Approved Extraordinary Expenses incurred by Borrower in connection with the Project from time to time (but not more frequently than once per month), within ten (10) days after Borrower’s written request therefor and Administrative Agent’s receipt and approval of documentation evidencing the costs and expenses included in such request.
(c)    Section 8.1(4) is deleted in its entirety and the following new Section 8.1(4) is inserted in lieu thereof:
(4)Monthly Operating Statements. During a Cash Management Period, no later than twelve (12) Business Days after the end of each calendar month, a certificate executed by a Responsible Person of Borrower, in form and substance reasonably satisfactory to Administrative Agent, (i) setting forth the Actual Operating Revenues and Actual Operating Expenses (including leasing costs, capital expenditures and Approved Extraordinary Expenses) paid by Borrower during such month), as well as the Excess Cash Flow with respect to such month, (ii) comparing such Actual Operating Expenses with the Approved Operating Expenses and Approved Extraordinary Expenses for such month. The certificate executed by the Responsible Person of Borrower shall certify that, to the best of his or her knowledge, the information included in such certificate is true and correct, in all material respects, as of the date of the certificate, and shall be accompanied by such back-up information and documentation as Administrative Agent shall reasonably require.
4.    Conditions Precedent. On or prior to the date hereof, Borrower shall perform or satisfy all of the conditions precedent to the agreement of Administrative Agent and the Lenders to the terms and provisions of this Amendment, including, without limitation, the following:
(a)    Administrative Agent shall have received (i) this Amendment duly executed by Borrower, Guarantor, Administrative Agent and the Lenders and (ii) an Assignment of Deposit Account substantially in the form attached hereto as Exhibit A duly executed by Borrower and Administrative Agent; and
(b)    Borrower shall have paid all reasonable, out-of-pocket costs and expenses (including reasonable attorneys’ fees and disbursements) incurred by Administrative Agent in connection with this Amendment
5.    Defaults; Set Offs; Counterclaims. Borrower acknowledges and agrees that it has no defenses, rights of set off or counterclaims with respect to any of its obligations under the Loan Agreement and the other Loan Documents, as modified by this Amendment, and further

4




represents that no Potential Default or Event of Default exists under the Loan Agreement and the other Loan Documents, as modified by this Amendment.
6.    Loan Documents Ratified. As modified by this Amendment, the Loan Agreement and the other Loan Documents are hereby ratified and confirmed, and remain in full force and effect in accordance with the terms thereof.
7.    Reaffirmation of Representations and Warranties. Borrower represents and warrants that, except as set forth on Schedule I attached hereto, all of the representations and warranties set forth in the Loan Agreement and the other Loan Documents are true and correct in all material respects as of the date hereof, except to the extent such representations and warranties are matters which by their nature can no longer be true and correct as a result of the passage of time or changes in facts or circumstances that were not caused by a breach or default by Borrower under the Loan Agreement or any other Loan Documents.
8.    Counterparts. This Amendment may be executed in any number of identical counterparts, each of which for all purposes is to be deemed an original, but all of which shall constitute collectively one agreement. Delivery of an executed counterpart of a signature page of this Amendment by telecopy, emailed pdf. or any other electronic means that reproduces an image of the actual executed signature page shall be effective as delivery of a manually executed counterpart of this Agreement.
9.    Successors and Assigns. The terms and provisions of this Amendment shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors and permitted assigns.
10.    Governing Law. This Amendment is and shall be deemed to be a contract entered into pursuant to the internal laws of the State of New York and shall in all respects be governed, construed, applied and enforced in accordance with such laws.
[Document continues on next page]


5




IN WITNESS WHEREOF, the parties hereto have executed this Waiver and Amendment No. 1 to Loan Agreement as of the day and year first above written.
ADMINISTRATIVE AGENT:
JPMORGAN CHASE BANK, N.A.

By: /s/ Natalya M. Robles
Name: Natalya M. Robles
Title: Authorized Signatory






[Signature page for Waiver and
Amendment No. 1 to Loan
Agreement continued]

LENDER:
JPMORGAN CHASE BANK, N.A.


By: /s/ Natalya M. Robles
Name: Natalya M. Robles
Title: Authorized Signatory






[Signature page for Waiver and
Amendment No. 1 to Loan
Agreement continued]

LENDER:
WELLS FARGO BANK, N.A.


By: /s/ Erich Horeis
Name: Erich Horeis
Title: Vice President




[Signature page for Waiver and
Amendment No. 1 to Loan
Agreement continued]

LENDER:

LANDESBANK BADEN-WÜRTTEMBERG, NEW YORK Branch


By: /s/ Lisa Komm                                        
Name: Lisa Komm
Title: Director
By: /s/ Chase Cassidy                                  
Name: Chase Cassidy
Title: Associate Director




[Signature page for Waiver and
Amendment No. 1 to Loan
Agreement continued]

LENDER:

THE BANK OF NEW YORK MELLON


By: /s/ Rick Laudisi                                    
Name: Rick Laudisi
Title: Managing Director




[Signature page for Waiver and
Amendment No. 1 to Loan
Agreement continued]

BORROWER:
731 RETAIL ONE LLC,
a Delaware limited liability company,
By:
731 Commercial LLC,
a Delaware limited liability company
its sole member
By:
731 Commercial Holding LLC,
a Delaware limited liability company, its sole member
By:
Alexander’s Inc.,
a Delaware corporation,
its sole member
By: /s/ Alan J. Rice
Name: Alan J. Rice
Title: Secretary


731 COMMERCIAL LLC,
a Delaware limited liability company,
By:
731 Commercial Holding LLC,
a Delaware limited liability company,
its sole member
By:
Alexander’s Inc.,
a Delaware corporation,
its sole member
By: /s/ Alan J. Rice
Name: Alan J. Rice
Title: Secretary




[Signature page for Waiver and
Amendment No. 1 to Loan
Agreement continued]


The undersigned Guarantor is executing this Amendment for the sole purpose of evidencing its consent to the terms hereof.


GUARANTOR:

ALEXANDER’S, INC.,
a Delaware corporation


By: /s/ Alan J. Rice                            
Name: Alan J. Rice
Title: Secretary





EXHIBIT A



Assignment of Deposit Account

Dated as of October ___, 2019

731 RETAIL ONE LLC and 731 COMMERCIAL LLC, each a Delaware limited liability company, whose address is c/o Vornado Realty Trust, 210 Route 4 East, Paramus, New Jersey 07652 (collectively, the “Assignor” or the “Borrower”), pledge, assign, transfer and grant a security interest

to JPMORGAN CHASE BANK, N.A., whose address is 237 Park Avenue, 6th Floor, New York, New York 10172, as Administrative Agent for the Lenders under the Loan Agreement (as defined below) (together with its successors and assigns, the “Bank”), in the Account (as defined below) owned by the Assignor, all of the Account in which Assignor has rights or power to transfer rights and all of the Account in which the Assignor later acquires ownership, other rights or the power to transfer rights. “Account” means each and all of Account No. 641000257, any interest, additions and proceeds due or to become due on the Account and any substitutions, which Account is held at JPMorgan Chase Bank, N.A. (together with its successors and assigns, “Financial Institution”) and includes all of the above described deposits, deposit accounts, payment intangibles, financial assets and other obligations of the Financial Institution, whether they are deposit accounts, negotiable or non-negotiable or book entry certificates of deposit, book entry investment time deposits, savings accounts, money market accounts, transaction accounts, time deposits, negotiable order of withdrawal accounts, share draft accounts, demand deposit accounts, instruments, general intangibles, chattel paper or otherwise, and all funds held in or represented by any of the foregoing, and any successor Account howsoever numbered, and all Accounts issued in renewal, extension or increase or decrease of or replacement or substitution for any of the foregoing; and all promissory notes, checks, cash, certificates of deposit, passbooks, deposit receipts, instruments, certificates and other records from time to time representing or evidencing the Account described above and any supporting obligations relating to any of the foregoing property.

This Assignment secures the payment and performance of the Liabilities (as hereinafter defined).

Control Agreement with Financial Institution and Power of Attorney. The Bank’s presentation of a copy of this Assignment to the financial institution holding or issuer of the Account, including Financial Institution, is the Assignor’s authentication of an irrevocable instruction to that financial institution or issuer now or hereafter maintaining the Account to follow the Bank’s instructions with respect to any of the Account without the Assignor’s further consent concerning (1) the payment or reinvestment of cash dividends, dividends or distributions and (2) the redemption, transfer, sale or any other disposition or transaction concerning the Account or the income and principal proceeds, substitutions and reinvestment of Account and (3) any other matter relating to the Account. The Bank is given an irrevocable power of attorney coupled with an interest that survives death or disability of the Assignor to execute any control agreement in the Assignor’s name with the Financial Institution or other institution or issuer in form and substance satisfactory to the Bank and to perform any obligation of the Assignor under this Assignment. The Assignor also irrevocably authorizes and directs each financial institution or issuer including the Financial Institution to send all notices, statements and all other communications concerning the Account to the Bank upon request of the Bank. The Bank is authorized at any time to restyle the Account or any portion thereof in its name or its nominee’s name. Each financial institution and issuer, including Financial Institution, is directed to follow all of the Bank’s instructions without investigating the reason for any action taken by the Bank or the existence of any default and may rely on the instructions of the Bank without any liability to the Assignor. The rights and powers granted to the Bank in this Assignment are powers coupled with an interest and will neither be affected by the death, dissolution, termination of existence or bankruptcy of the undersigned nor by the lapse of time.

Liabilities. The term “Liabilities” in this Assignment means the Indebtedness (as defined in the Loan Agreement). The term “Loan Agreement” in this Assignment means that certain Loan Agreement among




the Assignor, the Bank and the Lenders party thereto dated as of August 5, 2015, as amended from time to time.

Representations, Warranties and Covenants. The Assignor represents, warrants and covenants that it will not withdraw any moneys from the Account and that it has not and will not assign the Account or any part of it. The passbook, certificate or other evidence of the Account has been delivered to the Bank. If at any time any part of the Account includes an International Banking Facility Time Deposit (as defined in Regulation D of the Board of Governors of the Federal Reserve System), any extensions of credit made by the Bank in reliance on this Assignment and that part of the Account shall be used only to support the undersigned’s non-U.S. activities and that of its foreign affiliates. If any person or entity other than the Assignor acquires a present right of withdrawal as to any or all of the Account, whether by contract, operation of law or otherwise, the Assignor will immediately notify (a) that person or entity of the Bank’s security interest, lien and assignment in the Account and (b) the Bank of that person’s or entity’s acquisition of a right of withdrawal and of the Assignor’s notification to that person or entity of the Bank’s interest.

Default/Remedies. If an Event of Default (as such term is defined in the Loan Agreement) has occurred and is continuing, then the Bank shall have the right immediately, without notice, at the Bank’s option, to withdraw (even if an early withdrawal penalty is imposed as a result) all or any portion of the Account and apply those moneys to the Liabilities whether or not the Liabilities have been declared to be due and owing, provided that, to the extent any Liabilities consist of extensions of credit to the Borrower by the issuance of letters of credit or other like obligations of the Bank to third parties which have not then been utilized, such proceeds shall be held by the Bank in a cash collateral account as security for the Liabilities.

Preferential Payments. The Assignor agrees that to the extent any payment or transfer is received by the Bank in connection with the Liabilities, and all or any part of such payment or transfer is subsequently invalidated, declared to be fraudulent or preferential, set aside or required to be transferred or repaid by the Bank or transferred to or paid over to a trustee, receiver or any other person or entity, whether under any bankruptcy act or otherwise (any such payment or transfer is hereinafter referred to as a “Preferential Payment”), then this Assignment shall continue to be effective or shall be reinstated, as the case may be, and whether or not the Bank is in possession of this Assignment or whether this Assignment has been marked paid, cancelled, released or returned to the Assignor, and, to the extent of the payment or repayment or other transfer by the Bank, the Liabilities or part intended to be satisfied by the Preferential Payment shall be revived and continued in full force and effect as if the Preferential Payment had not been made. If this Assignment must be reinstated, the Assignor agrees to execute and deliver to the Bank any new assignments and agreements, if necessary or if requested by the Bank, in form and substance acceptable to the Bank, covering the Account.

Miscellaneous. The Assignor consents to any extension, postponement or renewal of any Liabilities, the release or discharge of all or any part of any security for the Liabilities, and the release or discharge or suspension of any rights and remedies against any person who may be liable for any of the Liabilities. The Bank does not have to look to any other right, any other collateral, or any other person for payment before it exercises its rights under this Assignment. The Assignor’s obligations to the Bank under this Assignment are not subject to any condition, precedent or subsequent. If more than one person or entity signs this Assignment as Assignor, their obligations, covenants, representations and warranties are joint and several and the Account includes any property that is owned by any one or more, individually or jointly with any other person or entity. This Assignment is binding on the Assignor and its heirs, successors and assigns, and is for the benefit of the Bank and its successors and assigns. The use of section headings shall not limit the provisions of this Assignment. The Assignor authorizes the Bank to take whatever actions, and to execute any agreement, document or instrument, which the Bank deems necessary or desirable to accomplish the purposes of this Assignment. A carbon, photographic or other reproduction of this Assignment is sufficient as, and can be filed as, a financing statement. The Assignor authorizes the Bank to file one or more financing statements related to the security interests created by this Assignment and further authorizes the Bank, instead of the Assignor, to sign such financing statements (to the extent that a signature is required thereto).


2



Assignment in Addition to Other Assignments. This Assignment is in addition to and not in substitution or replacement of any other assignment executed by the Assignor in favor of the Bank, and the Bank’s rights under this Assignment and any such other assignment are cumulative.

Governing Law and Venue. This Assignment shall be governed by and construed in accordance with the laws of the State of New York (without giving effect to its laws of conflicts), and to the extent applicable, federal law, except to the extent that the laws regarding the perfection and priority of security interests of the state(s) in which either the Assignor or any property securing the Liabilities is located, are applicable. The Assignor agrees that any legal action or proceeding with respect to any of its obligations under this Assignment may be brought by the Bank in any state or federal court located in the State of New York, as the Bank in its sole discretion may elect. By the execution and delivery of this Assignment, the Assignor submits to and accepts, for itself and in respect of its property, generally and unconditionally, the non-exclusive jurisdiction of those courts. The Assignor waives any claim that the State of New York is not a convenient forum or the proper venue for any such suit, action or proceeding.

WAIVER OF SPECIAL DAMAGES. THE ASSIGNOR WAIVES, TO THE MAXIMUM EXTENT NOT PROHIBITED BY LAW, ANY RIGHT THE UNDERSIGNED MAY HAVE TO CLAIM OR RECOVER FROM THE BANK IN ANY LEGAL ACTION OR PROCEEDING ANY SPECIAL, EXEMPLARY, PUNITIVE OR CONSEQUENTIAL DAMAGES.

JURY WAIVER. THE ASSIGNOR AND THE BANK (BY ITS ACCEPTANCE HEREOF) HEREBY VOLUNTARILY, KNOWINGLY, IRREVOCABLY AND UNCONDITIONALLY WAIVE ANY RIGHT TO HAVE A JURY PARTICIPATE IN RESOLVING ANY DISPUTE (WHETHER BASED ON CONTRACT, TORT, OR OTHERWISE) BETWEEN THE ASSIGNOR AND THE BANK ARISING OUT OF OR IN ANY WAY RELATED TO THIS DOCUMENT. THIS PROVISION IS A MATERIAL INDUCEMENT TO THE BANK TO PROVIDE THE FINANCING DESCRIBED HEREIN.

This Assignment may be executed in any number of identical counterparts, each of which for all purposes is to be deemed an original, but all of which shall constitute collectively one assignment. Delivery of an executed counterpart of a signature page of this Assignment by telecopy, emailed pdf or any other electronic means that reproduces an image of the actual executed signature page shall be effective as delivery of a manually executed counterpart of this Assignment.

Assignor:

731 RETAIL ONE LLC,
a Delaware limited liability company,

By:
731 Commercial LLC,
a Delaware limited liability company
its sole member

By:
731 Commercial Holding LLC,
a Delaware limited liability company,
its sole member

By:
Alexander’s Inc.,
a Delaware corporation,
its sole member
By: _________________________
Name:
Title:

3




731 COMMERCIAL LLC,
a Delaware limited liability company,

By:
731 Commercial LLC,
a Delaware limited liability company
its sole member

By:
731 Commercial Holding LLC,
a Delaware limited liability company,
its sole member

By:
Alexander’s Inc.,
a Delaware corporation,
its sole member
By: _________________________
Name:
Title:

The Bank acknowledges that the Account has been assigned to the Bank and is subject to a lien, security interest, pledge and assignment in the Bank’s favor and that the Bank has control of the Account and has recorded the Bank’s interest in the Account in the books and records of JPMorgan Chase Bank, N.A. and the Bank will follow the Bank’s instructions without the Assignor’s further consent.

Bank:
JPMORGAN CHASE BANK, N.A.,
as Administrative Agent
By:__________________________
Name:
Title:



4



SCHEDULE I

EXCEPTIONS TO REPRESENTATIONS AND WARRANTIES



[None]


EX-21 4 exhibit2111.htm EXHIBIT 21 Exhibit

EXHIBIT 21
ALEXANDER’S, INC.
SUBSIDIARIES OF REGISTRANT






Name of Subsidiary
 
State of Organization
 
 
 
731 Commercial Holding LLC
 
Delaware
731 Commercial LLC
 
Delaware
731 Office One Holding LLC
 
Delaware
731 Office One LLC
 
Delaware
731 Office Two Holding LLC
 
Delaware
731 Office Two LLC
 
Delaware
731 Restaurant, LLC
 
Delaware
731 Retail One, LLC
 
Delaware
Alexander’s Construction LLC
 
Delaware
Alexander’s Kings Plaza, LLC
 
Delaware
Alexander’s Management LLC
 
Delaware
Alexander’s of Brooklyn, Inc.
 
Delaware
Alexander’s of Flushing, Inc.
 
Delaware
Alexander’s of Rego Park II, Inc.
 
Delaware
Alexander’s of Rego Park III, Inc.
 
Delaware
Alexander’s Rego Shopping Center Inc.
 
Delaware
Alexander's of Rego Park II Participating Lender LLC
 
Delaware
Alexander's of Rego Residential LLC
 
Delaware
ALX of Paramus LLC
 
Delaware
Fifty Ninth Street Insurance Company LLC
 
Vermont
Kings Parking, LLC
 
Delaware
Kings Plaza TEP LLC
 
Delaware
Rego II Borrower LLC
 
Delaware



EX-23 5 exhibit2311.htm EXHIBIT 23 Exhibit

EXHIBIT 23


CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM    
We consent to the incorporation by reference in Registration Statement No. 333-224054 on Form S-3 and Registration Statement No. 333-212838 on Form S-8 of our reports dated February 18, 2020, relating to the financial statements and financial statement schedules of Alexander’s, Inc., and the effectiveness of Alexander’s, Inc.'s internal control over financial reporting, appearing in this Annual Report on Form 10-K of Alexander’s, Inc. for the year ended December 31, 2019.
/s/ Deloitte & Touche LLP
Parsippany, New Jersey
February 18, 2020


EX-31.1 6 exhibit31121.htm EXHIBIT 31.1 Exhibit

EXHIBIT 31.1



CERTIFICATION


I, Steven Roth, certify that:

1.
I have reviewed this Annual Report on Form 10‑K of Alexander’s, Inc.;
2.
Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3.
Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
4.
The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure control and procedures (as defined in Exchange Act Rules 13a‑15(e) and 15d‑15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
a)
Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
b)
Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
c)
Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
d)
Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
5.
The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):
a)
All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
b)
Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.


 
February 18, 2020
 
/s/ Steven Roth
 
Steven Roth
 
Chairman of the Board and
 
Chief Executive Officer



EX-31.2 7 exhibit31221.htm EXHIBIT 31.2 Exhibit

EXHIBIT 31.2



CERTIFICATION


I, Matthew Iocco, certify that:

1.
I have reviewed this Annual Report on Form 10‑K of Alexander’s, Inc.;
2.
Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3.
Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
4.
The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure control and procedures (as defined in Exchange Act Rules 13a‑15(e) and 15d‑15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
a)
Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
b)
Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
c)
Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
d)
Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
5.
The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):
a)
All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
b)
Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.


 
February 18, 2020
 
/s/ Matthew Iocco
 
Matthew Iocco
 
Chief Financial Officer



EX-32.1 8 exhibit32121.htm EXHIBIT 32.1 Exhibit

EXHIBIT 32.1




CERTIFICATION
Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
(Subsections (a) and (b) of Section 1350 of Chapter 63 of Title 18 of the United States Code)

Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (subsections (a) and (b) of Section 1350 of Chapter 63 of Title 18 of the United States Code), the undersigned officer of Alexander’s, Inc. (the “Company”), hereby certifies, to such officer’s knowledge, that:

The Annual Report on Form 10-K for year ended December 31, 2019 (the “Report”) of the Company fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934 and the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

 
 
 
February 18, 2020
 
 
/s/ Steven Roth
 
 
Name:
Steven Roth
 
 
Title:
Chairman of the Board and
 
 
 
Chief Executive Officer
 



EX-32.2 9 exhibit32221.htm EXHIBIT 32.2 Exhibit

EXHIBIT 32.2




CERTIFICATION
Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
(Subsections (a) and (b) of Section 1350 of Chapter 63 of Title 18 of the United States Code)

Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (subsections (a) and (b) of Section 1350 of Chapter 63 of Title 18 of the United States Code), the undersigned officer of Alexander’s, Inc. (the “Company”), hereby certifies, to such officer’s knowledge, that:

The Annual Report on Form 10-K for year ended December 31, 2019 (the “Report”) of the Company fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934 and the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

 
 
 
February 18, 2020
 
 
/s/ Matthew Iocco
 
 
Name:
Matthew Iocco
 
 
Title:
Chief Financial Officer

 
 
 
 



EX-101.SCH 10 alx-20191231.xsd XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 2114100 - Disclosure - Commitments and Contingencies link:presentationLink link:calculationLink link:definitionLink 2414401 - Disclosure - Commitments and Contingencies (Insurance) (Details) link:presentationLink link:calculationLink link:definitionLink 2414402 - Disclosure - Commitments and Contingencies (Litigation and contingencies) (Details) link:presentationLink link:calculationLink link:definitionLink 1001000 - Statement - Consolidated Balance Sheets link:presentationLink link:calculationLink link:definitionLink 1001501 - Statement - Consolidated Balance Sheets (Parentheticals) link:presentationLink link:calculationLink link:definitionLink 1005000 - Statement - Consolidated Statements of Cash Flows link:presentationLink link:calculationLink link:definitionLink 1005501 - Statement - Consolidated Statements of Cash Flows (Parentheticals) link:presentationLink link:calculationLink link:definitionLink 1004000 - Statement - Consolidated Statements of Changes in Equity link:presentationLink link:calculationLink link:definitionLink 1004001 - Statement - Consolidated Statements of Changes in Equity - Parenthetical link:presentationLink link:calculationLink link:definitionLink 1003000 - Statement - Consolidated Statements of Comprehensive Income link:presentationLink link:calculationLink link:definitionLink 1002000 - Statement - Consolidated Statements of Income link:presentationLink link:calculationLink link:definitionLink 1002501 - Statement - Consolidated Statements of Income (Parentheticals) link:presentationLink link:calculationLink link:definitionLink 2107100 - Disclosure - Discontinued Operations link:presentationLink link:calculationLink link:definitionLink 2407402 - Disclosure - Discontinued Operations (Details) link:presentationLink link:calculationLink link:definitionLink 0001000 - Document - Document and Entity Information link:presentationLink link:calculationLink link:definitionLink 2116100 - Disclosure - Earnings Per Share link:presentationLink link:calculationLink link:definitionLink 2416403 - Disclosure - Earnings Per Share (Details) link:presentationLink link:calculationLink link:definitionLink 2416402 - Disclosure - Earnings Per Share - Narrative (Details) link:presentationLink link:calculationLink link:definitionLink 2316301 - Disclosure - Earnings Per Share (Tables) link:presentationLink link:calculationLink link:definitionLink 2110100 - Disclosure - Fair Value Measurements link:presentationLink link:calculationLink link:definitionLink 2410402 - Disclosure - Fair Value Measurements (Financial Assets and Liabilities Measured at Fair Value) (Details) link:presentationLink link:calculationLink link:definitionLink 2410403 - Disclosure - Fair Value Measurements (Financial Assets and Liabilities Not Measured at Fair Value) (Details) link:presentationLink link:calculationLink link:definitionLink 2310301 - Disclosure - Fair Value Measurements (Tables) link:presentationLink link:calculationLink link:definitionLink 2111100 - Disclosure - Leases link:presentationLink link:calculationLink link:definitionLink 2411402 - Disclosure - Leases - Allowance for Doubtful Accounts (Details) link:presentationLink link:calculationLink link:definitionLink 2411405 - Disclosure - Leases - Future Base Rental Revenue for Topic 840 (Details) link:presentationLink link:calculationLink link:definitionLink 2411404 - Disclosure - Leases - Future Base Rental Revenue for Topic 842 (Details) link:presentationLink link:calculationLink link:definitionLink 2411408 - Disclosure - Leases - Future Lease Payments Under Operating Lease for Topic 840 (Details) link:presentationLink link:calculationLink link:definitionLink 2411407 - Disclosure - Leases - Future Lease Payments Under Operating Lease for Topic 842 (Details) link:presentationLink link:calculationLink link:definitionLink 2411407 - Disclosure - Leases - Future Lease Payments Under Operating Lease for Topic 842 (Details) link:presentationLink link:calculationLink link:definitionLink 2411406 - Disclosure - Leases - Lessee Narrative (Details) link:presentationLink link:calculationLink link:definitionLink 2411403 - Disclosure - Leases - Lessor Narrative (Details) link:presentationLink link:calculationLink link:definitionLink 2311301 - Disclosure - Leases (Tables) link:presentationLink link:calculationLink link:definitionLink 2106100 - Disclosure - Marketable Securities link:presentationLink link:calculationLink link:definitionLink 2406402 - Disclosure - Marketable Securities (Details) link:presentationLink link:calculationLink link:definitionLink 2108100 - Disclosure - Mortgages Payable link:presentationLink link:calculationLink link:definitionLink 2408402 - Disclosure - Mortgages Payable (Narrative) (Details) link:presentationLink link:calculationLink link:definitionLink 2408403 - Disclosure - Mortgages Payable (Outstanding mortgages payable) (Details) link:presentationLink link:calculationLink link:definitionLink 2408404 - Disclosure - Mortgages Payable (Principal repayments for the next five years) (Details) link:presentationLink link:calculationLink link:definitionLink 2308301 - Disclosure - Mortgages Payable (Tables) link:presentationLink link:calculationLink link:definitionLink 2115100 - Disclosure - Multiemployer Benefit Plans link:presentationLink link:calculationLink link:definitionLink 2415401 - Disclosure - Multiemployer Benefit Plans (Details) link:presentationLink link:calculationLink link:definitionLink 2101100 - Disclosure - Organization link:presentationLink link:calculationLink link:definitionLink 2401401 - Disclosure - Organization (Details) link:presentationLink link:calculationLink link:definitionLink 2105100 - Disclosure - Related Party Transactions link:presentationLink link:calculationLink link:definitionLink 2405402 - Disclosure - Related Party Transactions (Details) link:presentationLink link:calculationLink link:definitionLink 2405403 - Disclosure - Related Party Transactions (Fees to Vornado) (Details) link:presentationLink link:calculationLink link:definitionLink 2305301 - Disclosure - Related Party Transactions (Tables) link:presentationLink link:calculationLink link:definitionLink 2103100 - Disclosure - Revenue Recognition link:presentationLink link:calculationLink link:definitionLink 2403403 - Disclosure - Revenue Recognition - Components of Lease Revenue (Details) link:presentationLink link:calculationLink link:definitionLink 2403402 - Disclosure - Revenue Recognition - Disaggregation of Revenue (Details) link:presentationLink link:calculationLink link:definitionLink 2303301 - Disclosure - Revenue Recognition (Tables) link:presentationLink link:calculationLink link:definitionLink 2119100 - Disclosure - Schedule III: Real Estate and Accumulated Depreciation link:presentationLink link:calculationLink link:definitionLink 2419401 - Disclosure - Schedule III: Real estate and Accumulated depreciation (Details) link:presentationLink link:calculationLink link:definitionLink 2419402 - Disclosure - Schedule III: Real Estate and Accumulated Depreciation (Rollforward of Real Estate and Accumulated Deprecation) (Details) link:presentationLink link:calculationLink link:definitionLink 2113100 - Disclosure - Stock-Based Compensation link:presentationLink link:calculationLink link:definitionLink 2413401 - Disclosure - Stock-Based Compensation (Details) link:presentationLink link:calculationLink link:definitionLink 2117100 - Disclosure - Summary Of Quarterly Results (Unaudited) link:presentationLink link:calculationLink link:definitionLink 2417402 - Disclosure - Summary Of Quarterly Results (Unaudited) (Details) link:presentationLink link:calculationLink link:definitionLink 2417403 - Disclosure - Summary Of Quarterly Results (Unaudited) (Footnotes) (Details) link:presentationLink link:calculationLink link:definitionLink 2317301 - Disclosure - Summary Of Quarterly Results (Unaudited) (Tables) link:presentationLink link:calculationLink link:definitionLink 2101100 - Disclosure - Summary of Significant Accounting Policies link:presentationLink link:calculationLink link:definitionLink 2401403 - Disclosure - Summary of Significant Accounting Policies (Details) link:presentationLink link:calculationLink link:definitionLink 2401404 - Disclosure - Summary of Significant Accounting Policies (Income Taxes) (Details) link:presentationLink link:calculationLink link:definitionLink 2201201 - Disclosure - Summary of Significant Accounting Policies (Policies) link:presentationLink link:calculationLink link:definitionLink 2301302 - Disclosure - Summary of Significant Accounting Policies (Tables) link:presentationLink link:calculationLink link:definitionLink EX-101.CAL 11 alx-20191231_cal.xml XBRL TAXONOMY EXTENSION CALCULATION LINKBASE DOCUMENT EX-101.DEF 12 alx-20191231_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE DOCUMENT EX-101.LAB 13 alx-20191231_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT Fair Value Disclosures [Abstract] Fair Value, Recurring and Nonrecurring [Table] Fair Value, Recurring and Nonrecurring [Table] Fair Value Hierarchy and NAV [Axis] Fair Value Hierarchy and NAV [Axis] Fair Value Hierarchy and NAV [Domain] Fair Value Hierarchy and NAV [Domain] Level 1 Fair Value, Inputs, Level 1 [Member] Level 2 Fair Value, Inputs, Level 2 [Member] Measurement Basis [Axis] Measurement Basis [Axis] Fair Value Measurement [Domain] Fair Value Measurement [Domain] Portion at Fair Value Measurement [Member] Portion at Fair Value Measurement [Member] Carrying Amount Reported Value Measurement [Member] Fair Value Estimate of Fair Value Measurement [Member] Fair Value Measurements Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] Financial Instruments, Financial Assets, Balance Sheet Groupings [Abstract] Financial Instruments, Financial Assets, Balance Sheet Groupings [Abstract] Assets Assets [Abstract] Cash equivalents Cash and Cash Equivalents, Fair Value Disclosure Liabilities [Abstract] Liabilities [Abstract] Mortgages payable (excluding deferred debt issuance costs, net) Notes Payable, Fair Value Disclosure Leases [Abstract] Accounts Receivable, Allowance for Credit Loss [Roll Forward] Accounts Receivable, Allowance for Credit Loss [Roll Forward] Balance at Beginning of Year Accounts Receivable, Allowance for Credit Loss Additions: Charged Against Operations Accounts Receivable, Allowance for Credit Loss, Recovery Deductions: Uncollectible Accounts Written Off Accounts Receivable, Allowance for Credit Loss, Writeoff Balance at End of Year Share-based Payment Arrangement [Abstract] Stock-Based Compensation Share-based Payment Arrangement [Text Block] Related Party Transactions [Abstract] Schedule of Related Party Transactions, by Related Party [Table] Schedule of Related Party Transactions, by Related Party [Table] Ownership [Axis] Ownership [Axis] Ownership [Domain] Ownership [Domain] Alexander's Inc. Alexander's Inc. [Member] Alexander's Inc. [Member] Legal Entity [Axis] Legal Entity [Axis] Entity [Domain] Entity [Domain] Vornado Vornado [Member] Vornado [Member] Related Party [Axis] Related Party [Axis] Related Party [Domain] Related Party [Domain] Vornado Affiliated Entity [Member] Mr. Roth, Interstate, David Mandelbaum, and Russell B. Wight, Jr. Management and Partners [Member] IP and Partners IP & Partners Through Vornado Management And Partners Through Related Party [Member] Interstate properties and its partners through the ownership of Vornado Related Party Transaction [Axis] Related Party Transaction [Axis] Related Party Transaction [Domain] Related Party Transaction [Domain] Property Management Fees Property Management Fees [Member] Property management fees and payments for cleaning, engineering and security services. Development fees Development Fees [Member] Development fees. Leasing fees Leasing Fees [Member] Leasing fees. Management, property management, cleaning and security fees Management Property Management Cleaning Engineering And Security Fees [Member] Management property management cleaning and security fees. Name of Property [Axis] Name of Property [Axis] Name of Property [Domain] Name of Property [Domain] Rego Park II Rego Park 2 Property [Member] Rego park II. 731 Lexington Avenue Lexington Avenue Property [Member] 731 Lexington avenue. Real Estate, Type of Property [Axis] Real Estate, Type of Property [Axis] Real Estate [Domain] Real Estate [Domain] Common Area Common Area [Member] Common area. Retail space Retail Site [Member] Real Estate Property Occupant [Axis] Real Estate Property Occupant [Axis] Real Estate Property Occupant [Axis] Real Estate Property Occupant [Domain] Real Estate Property Occupant [Domain] Real Estate Property Occupant [Domain] Toys R Us/ Babies R Us Toys R Us [Member] Toys R Us. Related Party Transaction Related Party Transaction [Line Items] Noncontrolling interest, ownership percentage by parent Noncontrolling Interest, Ownership Percentage by Parent Ownership percentage by noncontrolling owners Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners Management fee agreement value Management Fee Agreement Value The amount of management fee paid to related party to manage corporate activities. Property management fee, percent fee Property Management Fee, Percent Fee Property management fee agreement price per square foot Property Management Fee Agreement, Price Per Square Foot Property Management Fee Agreement, Price Per Square Foot Property management fee agreement value Property Management Fee Agreement Value Annual amount paid to related party as property management fees. Property management fee escalation percentage per annum Property Management Fee Escalation Percentage Per Annum Annual increase in the amount paid to related party as property management fees. Development fee as a percentage of development costs Property Development Fee Escalation Percentage Per Annum Property Development Fee Escalation Percentage Per Annum Lease fee percentage of rent one to ten years Lease Fee Percentage Of Rent One To Ten Years Percentage of rent payable to related party for leasing services for the first ten years of the lease. Lease fee percentage of rent eleven to twenty years Lease Fee Percentage Of Rent Eleven To Twenty Years Percentage of rent payable to related party for leasing services for the eleventh through twentieth years of the lease. Lease fee percentage of rent twenty first to thirty years Lease Fee Percentage Of Rent Twenty First To Thirty Years Percentage of rent payable to related party for leasing services for the twenty-first through thirtieth years of the lease. Percentage increase lease fee if broker used Percentage Increase Lease Fee If Broker Used Percentage of increase in leasing services payable to related party if a real estate broker is used Percentage commissions on sale of assets under fifty million Percentage Commissions On Sale Of Assets Under Fifty Million Percentage of gross proceeds under $50,000,000 from the sale of any assets, payable to related party. Asset sale commission threshold Asset Sale Commission Threshold Asset sale commission threshold. Percentage commissions on sale of assets over fifty million Percentage Commissions On Sale Of Assets Over Fifty Million Percentage of gross proceeds over $50,000,000 from the sale of any assets, payable to related party. Amounts due Related Party Transaction, Due from (to) Related Party Area of property (in square feet) Area of Real Estate Property Annual revenue attributable to tenant Annual Revenue Attributable To Tenant Annual revenue attributable to tenant. Earnings Per Share [Abstract] Earnings Per Share Earnings Per Share [Text Block] Commitments and Contingencies Disclosure [Abstract] Commitments and Contingencies Commitments and Contingencies Disclosure [Text Block] Revenue from Contract with Customer [Abstract] Fixed lease revenues Operating Lease, Lease Income, Lease Payments Variable lease revenues Operating Lease, Variable Lease Income Lease revenues Operating Lease, Lease Income Loss Contingencies [Table] Loss Contingencies [Table] Loss Contingency Nature [Axis] Loss Contingency Nature [Axis] Loss Contingency, Nature [Domain] Loss Contingency, Nature [Domain] Estimated Future Damages Estimated Future Damages [Member] Estimated Future Damages [Member] Statistical Measurement [Axis] Statistical Measurement [Axis] Statistical Measurement [Domain] Statistical Measurement [Domain] Minimum Minimum [Member] Maximum Maximum [Member] Paramus, NJ Paramus Property [Member] Paramus property. Rego Park I Rego Park 1 Property [Member] Rego park 1. Real Estate Occupant Possession Type [Axis] Real Estate Occupant Possession Type [Axis] Information regarding the occupant's type of possession in the space. Real Estate Occupant Possession Type [Domain] Real Estate Occupant Possession Type [Domain] Identifies the occupant as either the owner of or the tenant in a space Tenant Occupant Tenant Occupant [Member] Tenant occupant. IKEA Ikea [Member] IKEA. Sears Sears [Member] Sears [Member] Scenario [Axis] Scenario [Axis] Scenario [Domain] Scenario [Domain] Forecast Forecast [Member] Commitments And Contingencies Disclosure Loss Contingencies [Line Items] Area of land Area of Land Property purchase option exercisable by lessee Property Purchase Option Exercisable By Lessee Lease with purchase option to be exercised by lessee. Purchase option not exercised amount included in triple net rent over remainder of lease Purchase Option Not Exercised Amount Included In Triple Net Rent Over Remainder Of Lease The amount to be amortized over the remainder of the lease term if the purchase option is not exercised. Debt instrument, interest rate, stated percentage Debt Instrument, Interest Rate, Stated Percentage Triple-net rent, annual amount Triple Net Rent Annual Amount Triple-net rent, annual amount Purchase option exercised, net cash proceeds from sale of land Purchase Option Exercised Proceeds From Sale Of Land Held For Use The cash inflow from the sale of land held for use in case the purchase option is exercised by lessee. Gain (loss) on disposition of real estate, discontinued operations Gain (Loss) on Disposition of Real Estate, Discontinued Operations Maturity date Debt Instrument, Maturity Date Lease term range as Lessor Leases Of Lessor Rental Term Range Approximate rental term range for all outstanding leases to tenants in retail centers and office buildings. Mortgages payable, carrying value Notes Payable Loan amortization period Loan Amortization Period In the event the tenant does not exercise its purchase option, the period over which the tenant's debt service portion of its rent must be sufficient to fully amortize the loan on the property Number of fires Number Of Fires Number of fires. Loss contingency, damages sought, value Loss Contingency, Damages Sought, Value Loss contingency, estimate of possible loss Loss Contingency, Estimate of Possible Loss Property rentals Operating Leases, Income Statement, Lease Revenue Standby letters of credit, outstanding Letters of Credit Outstanding, Amount Related Party Transactions Related Party Transactions Disclosure [Text Block] Statement of Cash Flows [Abstract] CASH FLOWS FROM OPERATING ACTIVITIES Net Cash Provided by (Used in) Operating Activities [Abstract] Net income Net Income (Loss) Attributable to Parent Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract] Depreciation and amortization, including amortization of debt issuance costs Depreciation, Depletion and Amortization Straight-lining of rental income Straight Line Rent Stock-based compensation expense Share-based Payment Arrangement, Noncash Expense Change in fair value of marketable securities Marketable Securities, Unrealized Gain (Loss) Change in operating assets and liabilities: Adjustments, Noncash Items, to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract] Tenant and other receivables, net Increase (Decrease) in Accounts Receivable Other assets Increase (Decrease) in Other Operating Assets Amounts due to Vornado Increase (Decrease) in Due to Related Parties Accounts payable and accrued expenses Increase (Decrease) in Accounts Payable and Accrued Liabilities Other liabilities Increase (Decrease) in Other Operating Liabilities Net cash provided by operating activities Net Cash Provided by (Used in) Operating Activities CASH FLOWS FROM INVESTING ACTIVITIES Net Cash Provided by (Used in) Investing Activities [Abstract] Construction in progress and real estate additions Payments For Capital Improvements And Construction In Process The cash outflow for acquisition of or capital improvements to properties held for investment (operating, managed, leased) or for use and the cash outflow from construction costs to date on capital projects that have not been completed and assets being constructed that are not ready to be placed into service. Rego Park II loan participation Payments to Acquire Loans Held-for-investment Repayment of Rego Park II loan participation Proceeds from Principal Repayments on Loans and Leases Held-for-investment Net cash used in investing activities Net Cash Provided by (Used in) Investing Activities CASH FLOWS FROM FINANCING ACTIVITIES Net Cash Provided by (Used in) Financing Activities [Abstract] Dividends paid Payments of Ordinary Dividends, Common Stock Debt issuance costs Payments of Debt Issuance Costs Debt repayments Repayments of Long-term Debt Proceeds from borrowing Proceeds from Issuance of Long-term Debt Net cash (used in) provided by financing activities Net Cash Provided by (Used in) Financing Activities Net increase (decrease) in cash and cash equivalents and restricted cash Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect Cash and cash equivalents and restricted cash at beginning of year Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents Cash and cash equivalents and restricted cash at end of year RECONCILIATION OF CASH AND CASH EQUIVALENTS AND RESTRICTED CASH Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect [Abstract] Cash and cash equivalents at beginning of year Cash and Cash Equivalents, at Carrying Value Restricted cash at beginning of year Restricted Cash and Cash Equivalents Cash and cash equivalents at end of year Restricted cash at end of year SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION Supplemental Cash Flow Elements [Abstract] Cash payments for interest Interest Paid, Excluding Capitalized Interest, Operating Activities NON-CASH TRANSACTIONS Non Cash Transactions [Abstract] Lease liability arising from the recognition of right-of-use asset Right-of-Use Asset Obtained in Exchange for Operating Lease Liability Liability for real estate additions, including $18, $125 and $21 for development fees due to Vornado in 2019, 2018 and 2017, respectively Non Cash Additions To Real Estate Non-cash additions to real estate included in accounts payable and accrued expenses. Reclassification of prepaid real estate taxes to construction in progress for property in redevelopment Reclassification of Prepaid Real Estate Taxes to Construction in Progress Reclassification of Prepaid Real Estate Taxes to Construction in Progress Write-off of fully amortized and/or depreciated assets Write Off Of Fully Amortized And Depreciated Assets This element represents written off amount of fully amortized and depreciated assets. Derecognition of Rego Park II loan participation asset (see Note 2) Real Estate Owned, Transfer from Real Estate Owned Disaggregation of Revenue [Table] Disaggregation of Revenue [Table] Product and Service [Axis] Product and Service [Axis] Product and Service [Domain] Product and Service [Domain] Parking revenue Parking [Member] Tenant services Direct Services [Member] Direct Services [Member] Disaggregation of Revenue [Line Items] Disaggregation of Revenue [Line Items] Lease revenues Revenue from contract with customer Revenue from Contract with Customer, Excluding Assessed Tax Rental revenues Revenues Leases Lessor, Operating Leases [Text Block] Leases Lessee, Operating Leases [Text Block] Revenue Recognition Revenue from Contract with Customer [Text Block] Debt Disclosure [Abstract] 2020 Long-term Debt, Maturities, Repayments of Principal in Next Twelve Months 2021 Long-term Debt, Maturities, Repayments of Principal in Year Two 2022 Long-term Debt, Maturities, Repayments of Principal in Year Three 2023 Long-term Debt, Maturities, Repayments of Principal in Year Four 2024 Long-term Debt, Maturities, Repayments of Principal in Year Five Thereafter Long-term Debt, Maturities, Repayments of Principal after Year Five 2019 Operating Leases, Future Minimum Payments Due, Next Twelve Months 2020 Operating Leases, Future Minimum Payments, Due in Two Years 2021 Operating Leases, Future Minimum Payments, Due in Three Years 2022 Operating Leases, Future Minimum Payments, Due in Four Years 2023 Operating Leases, Future Minimum Payments, Due in Five Years Thereafter Operating Leases, Future Minimum Payments, Due Thereafter Accounting Policies [Abstract] Basis of Presentation Basis of Accounting, Policy [Policy Text Block] Recently Issued Accounting Literature New Accounting Pronouncements, Policy [Policy Text Block] Real Estate Real Estate, Policy [Policy Text Block] Cash and Cash Equivalents Cash and Cash Equivalents, Policy [Policy Text Block] Restricted Cash Cash and Cash Equivalents, Restricted Cash and Cash Equivalents, Policy [Policy Text Block] Marketable Securities Marketable Securities, Policy [Policy Text Block] Deferred Charges Deferred Charges, Policy [Policy Text Block] Income Taxes Income Tax, Policy [Policy Text Block] Revenue Recognition Revenue from Contract with Customer [Policy Text Block] Fair Value Measurements Fair Value Measurement, Policy [Policy Text Block] Statement of Financial Position [Abstract] ASSETS Real estate, at cost: Real Estate Investment Property, at Cost [Abstract] Land Land Buildings and leasehold improvements Buildings and Improvements, Gross Development and construction in progress Development in Process Total Real Estate Investment Property, at Cost Accumulated depreciation and amortization Real Estate Investment Property, Accumulated Depreciation Real estate, net Real Estate Investment Property, Net Cash and cash equivalents Restricted cash Marketable securities Marketable Securities Tenant and other receivables Accounts Receivable, after Allowance for Credit Loss Receivable arising from the straight-lining of rents Deferred Rent Receivables, Net Deferred lease and other property costs, net, including unamortized leasing fees to Vornado of $32,374 and $31,039, respectively Deferred Costs, Leasing, Net Other assets Other Assets Assets Assets LIABILITIES AND EQUITY Liabilities and Equity [Abstract] Mortgages payable, net of deferred debt issuance costs Amounts due to Vornado Due to Related Parties Accounts payable and accrued expenses Accounts Payable and Accrued Liabilities Other liabilities Other Liabilities Total liabilities Liabilities Commitments and contingencies Commitments and Contingencies Preferred stock: $1.00 par value per share; authorized, 3,000,000 shares; issued and outstanding, none Preferred Stock, Value, Issued Common stock: $1.00 par value per share; authorized, 10,000,000 shares; issued, 5,173,450 shares; outstanding, 5,107,290 shares Common Stock, Value, Issued Additional capital Additional Paid in Capital Retained earnings Retained Earnings (Accumulated Deficit) Accumulated other comprehensive loss Accumulated Other Comprehensive Income (Loss), Net of Tax Equity before treasury stock Stockholders' Equity before Treasury Stock Treasury stock: 66,160 shares, at cost Treasury Stock, Value Total equity Stockholders' Equity Attributable to Parent Total liabilities and equity Liabilities and Equity SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate Schedule [Table] SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate Schedule [Table] Collaborative Arrangement and Arrangement Other than Collaborative [Axis] Collaborative Arrangement and Arrangement Other than Collaborative [Axis] Collaborative Arrangement and Arrangement Other than Collaborative [Domain] Collaborative Arrangement and Arrangement Other than Collaborative [Domain] Participation Agreement Participation Agreement [Member] Participation agreement. Long-term Debt, Type [Axis] Long-term Debt, Type [Axis] Long-term Debt, Type [Domain] Long-term Debt, Type [Domain] Mortgages Mortgages [Member] Office space Office Building [Member] Variable Rate [Axis] Variable Rate [Axis] Variable Rate [Domain] Variable Rate [Domain] LIBOR London Interbank Offered Rate (LIBOR) [Member] Mortgage Loans on Real Estate SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items] Document Period End Date Document Period End Date Interest rate Debt Instrument, Interest Rate, Effective Percentage Notes payable, gross Notes Payable Gross Notes payable gross. Deferred debt issuance costs, net of accumulated amortization of $14,362 and $9,212, respectively Debt Issuance Costs, Net Notes Payable (in US dollars) Deferred debt issuance costs, accumulated amortization Accumulated Amortization, Debt Issuance Costs Debt instrument, description of variable rate basis Debt Instrument, Description of Variable Rate Basis Basis spread over LIBOR Debt Instrument, Basis Spread on Variable Rate Loan participation balance Participating Mortgage Loans, Participation Liabilities, Amount Income Statement [Abstract] Fees to Vornado Costs and Expenses, Related Party Management fees to Vornado Related Party Transaction, Selling, General and Administrative Expenses from Transactions with Related Party Multiemployer Plans [Abstract] Schedule of Multiemployer Plans [Table] Schedule of Multiemployer Plans [Table] Multiemployer Plan Type [Axis] Multiemployer Plan Type [Axis] Multiemployer Plans Type [Domain] Multiemployer Plans Type [Domain] Multiemployer Pension Plans Multiemployer Plans, Pension [Member] Multiemployer Health Plans Multiemployer Plans, Postretirement Benefit [Member] Multiemployer Plans Multiemployer Plans [Line Items] Multiemployer plan, contributions by employer Multiemployer Plan, Contributions by Employer Multiemployer plans, period contributions, significance of contributions Multiemployer Plans, Period Contributions, Significance of Contributions [true false] Statement of Comprehensive Income [Abstract] Other comprehensive income (loss): Other Comprehensive Income (Loss), before Tax, Portion Attributable to Parent [Abstract] Change in fair value of marketable securities (see Note 5) Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment, Net of Tax, Portion Attributable to Parent Change in value of interest rate cap Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification and Tax Comprehensive income Comprehensive Income (Loss), Net of Tax, Attributable to Parent SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract] Schedule III: Real Estate and Accumulated Depreciation SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Text Block] Mortgages Payable Mortgage Notes Payable Disclosure [Text Block] Schedule of Long-term Debt Instruments Schedule of Long-term Debt Instruments [Table Text Block] Schedule of Maturities of Long-term Debt Schedule of Maturities of Long-term Debt [Table Text Block] Summary Of Significant Accounting Policies Significant Accounting Policies [Text Block] Organization, Consolidation and Presentation of Financial Statements [Abstract] Schedule of Real Estate Properties [Table] Schedule of Real Estate Properties [Table] Property Subject to or Available for Operating Lease [Axis] Property Subject to or Available for Operating Lease [Axis] Property Subject to or Available for Operating Lease [Domain] Property Subject to or Available for Operating Lease [Domain] Operating property Operating Property [Member] Operating property. Properties to be developed Properties To Be Developed [Member] Properties to be developed [Member] The Alexander apartment tower Alexander Apartment Tower [Member] Alexander apartment tower. Flushing Flushing Property [Member] The property located at Roosevelt Avenue and Main Street in Queens Rego Park III Rego Park 3 Property [Member] The property located adjacent to the Rego Park II property in Queens at the intersection of Junction Boulevard and the Horace Harding Service Road. Residence space Apartment Building [Member] Occupant Type [Axis] Occupant Type [Axis] Occupant Type [Domain] Occupant Type [Domain] Identifies whether the tenant is an anchor tenant in the property. Anchor Anchor [Member] Identifies occupant as an anchor in a retail center Home Depot Home Depot [Member] Home Depot Container Store Container Store [Member] Container store Burlington Coat Factory Burlington Coat Factory [Member] Burlington Coat Factory Bed Bath and Beyond Bed Bath Beyond [Member] Bed Bath and Beyond Marshalls Marshalls [Member] Marshalls Costco Costco [Member] Costco Century 21 Century 21 [Member] Century 21 Kohl's Kohls [Member] Kohl's Real Estate Properties Real Estate Properties [Line Items] Operating Properties Operating Properties [Abstract] Number of properties Number of Real Estate Properties Number of property units Number of Units in Real Estate Property Lease expiration date Lease Expiration Date Number of segments Number of Reportable Segments Income Taxes Income Taxes [Abstract] Tax Treatment Of Dividend [Table] Tax Treatment Of Dividend [Table] Tax Treatment Of Dividend Table Tax Treatment Of Dividend [Axis] Tax Treatment Of Dividend [Axis] Tax Treatment Of Dividend [Axis] Tax Treatment Of Dividend [Domain] Tax Treatment Of Dividend [Domain] Tax Treatment Of Dividend [Domain] Ordinary Income Ordinary Income [Member] Ordinary Income [Member] Long Term Capital Gain Long Term Capital Gain [Member] Long Term Capital Gain [Member] Tax Treatment Of Dividend Tax Treatment Of Dividend [Line Items] Tax Treatment Of Dividend Line Items Real estate investment trust distributable income policy (in percentage) Real Estate Investment Trust Distributable Income Policy The percentage of taxable income to be distributed to stockholders each year in order to maintain qualification as REIT under the Code. Internal taxable income distribution policy (in percentage) Internal Taxable Income Distribution Policy Percentage of taxable income distributed to stockholders each year Payments of dividends net percent Payments Of Dividends Net Percent Total dividend percent paid to shareholders. Differences between book and tax basis Cumulative Amount Of Temporary Difference Between Book Value And Tax Basis The cumulative difference between book value and tax basis of assets and liabilities Reconciliation of Net Income to Estimated Taxable Income Reconciliation Of Net Income Attributable To Common Shareholders To Estimated Taxable Income Table [Abstract] Straight-line rent adjustments Straight Line Rent Adjustments Depreciation and amortization timing differences Effective Income Tax Rate Reconciliation, Nondeductible Expense, Depreciation and Amortization, Amount Loss from discontinued operations (see Note 6) Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent Other Effective Income Tax Rate Reconciliation, Other Adjustments, Amount Estimated taxable income Taxable Income Loss Estimated taxable income after reconciliation for tax differences Discontinued Operations and Disposal Groups [Abstract] Discontinued Operation Disposal Groups, Including Discontinued Operations, Disclosure [Text Block] Fair Value Measurements Fair Value Disclosures [Text Block] Geographical [Axis] Geographical [Axis] Geographical [Domain] Geographical [Domain] New York NEW YORK New Jersey NEW JERSEY Lexington Avenue Other Properties Other Properties [Member] All other properties SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items] Encumbrances SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Amount of Encumbrances Initial cost of Land SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Initial Cost of Land Initial cost of Building and Leasehold improvements SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Initial Cost of Building and Improvements Costs capitalized subsequent to acquisition SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Cost Capitalized Subsequent to Acquisition, Improvements Carrying amount of Land SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Land, Amount Carrying amount of Buildings and Leasehold improvements SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Building and Improvements, Amount Development and Construction in progress Real Estate And Accumulated Depreciation Carrying Amount Of Development And Construction In Progress The carrying amount at which development and construction in progress are carried at the end of the period. Total SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Gross Accumulated Depreciation and Amortization SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Accumulated Depreciation Date of construction Real Estate And Accumulated Depreciation Year Of Construction Date real estate investment property was constructed for entities with a substantial portion of business acquiring and holding investment real estate, in CCYY format. Date acquired Real Estate And Accumulated Depreciation Year Acquired Date real estate investment property was acquired for entities with a substantial portion of business acquiring and holding investment real estate, in CCYY format. Life on which Depreciation in Latest Income Statement is Computed Property, Plant and Equipment, Useful Life Deferred debt issuance costs, net Unamortized leasing fees to Vornado Unamortized Leasing Fees To Related Party Unamortized Leasing Fees To Related Party Preferred stock: par value per share (in usd per share) Preferred Stock, Par or Stated Value Per Share Preferred stock: authorized shares (in shares) Preferred Stock, Shares Authorized Preferred stock: issued shares (in shares) Preferred Stock, Shares Issued Preferred stock: outstanding shares (in shares) Preferred Stock, Shares Outstanding Common stock: par value per share (in usd per share) Common Stock, Par or Stated Value Per Share Common stock: authorized shares (in shares) Common Stock, Shares Authorized Common stock: issued shares (in shares) Common Stock, Shares, Issued Common stock: outstanding shares (in shares) Common Stock, Shares, Outstanding Treasury stock: shares (in shares) Treasury Stock, Shares Statement of Stockholders' Equity [Abstract] Statement [Table] Statement [Table] Equity Components [Axis] Equity Components [Axis] Equity Component [Domain] Equity Component [Domain] Common Stock Common Stock [Member] Additional Capital Additional Paid-in Capital [Member] Retained Earnings Retained Earnings [Member] Accumulated Other Comprehensive Income (Loss) AOCI Attributable to Parent [Member] Treasury Stock Treasury Stock [Member] Liabilities and Equity Statement [Line Items] Increase (Decrease) in Stockholders' Equity [Roll Forward] Increase (Decrease) in Stockholders' Equity [Roll Forward] Begining Balance (in shares) Beginning Balance, Value Dividends paid Dividends, Common Stock, Cash Cumulative effect of change in accounting principle New Accounting Pronouncement or Change in Accounting Principle, Effect of Adoption, Quantification Change in fair value of marketable securities Change in value of interest rate cap Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax, Portion Attributable to Parent Deferred stock unit grants APIC, Share-based Payment Arrangement, Restricted Stock Unit, Increase for Cost Recognition Other Stockholders' Equity, Other Ending Balance (in shares) Ending Balance, Value Schedule of Earnings Per Share, Basic and Diluted Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] Dividends paid per common share (in usd per share) Common Stock, Dividends, Per Share, Cash Paid Fair Value, Assets Measured on Recurring Basis Fair Value, Assets Measured on Recurring Basis [Table Text Block] Fair Value, by Balance Sheet Grouping Fair Value, by Balance Sheet Grouping [Table Text Block] Quarterly Financial Data [Abstract] Summary of Quarterly Results (Unaudited) Quarterly Financial Information [Text Block] REVENUES Revenues [Abstract] Rental revenues EXPENSES Operating Expenses [Abstract] Operating, including fees to Vornado of $5,386, $4,700 and $4,671, respectively Operating Costs and Expenses Depreciation and amortization Depreciation, Depletion and Amortization, Nonproduction General and administrative, including management fees to Vornado of $2,380 General and Administrative Expense Total expenses Operating Expenses Interest and other income, net Interest and Other Income Interest and debt expense Interest and Debt Expense Change in fair value of marketable securities (see Note 5) Income from continuing operations Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent Loss from discontinued operations (see Note 6) Net income Income per common share - basic and diluted: Earnings Per Share, Basic and Diluted [Abstract] Income from continuing operations - basic and diluted (in usd per share) Income (Loss) from Continuing Operations, Per Basic and Diluted Share Loss from discontinued operations - basic and diluted (in usd per share) Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic and Diluted Share Net income per common share - basic and diluted (in usd per share) Earnings Per Share, Basic and Diluted Weighted average shares outstanding - basic and diluted (in shares) Weighted Average Number of Shares Outstanding, Basic and Diluted Summary of Fees to Vornado Schedule of Related Party Transactions [Table Text Block] Lessor, Lease, Description [Table] Lessor, Lease, Description [Table] Adjustments for New Accounting Pronouncements [Axis] Adjustments for New Accounting Pronouncements [Axis] Type of Adoption [Domain] Type of Adoption [Domain] Accounting Standards Update 2016-02 Accounting Standards Update 2016-02 [Member] Concentration Risk Benchmark [Axis] Concentration Risk Benchmark [Axis] Concentration Risk Benchmark [Domain] Concentration Risk Benchmark [Domain] Revenue Benchmark Revenue Benchmark [Member] Customer [Axis] Customer [Axis] Customer [Domain] Customer [Domain] Bloomberg Bloomberg [Member] Bloomberg. Concentration Risk Type [Axis] Concentration Risk Type [Axis] Concentration Risk Type [Domain] Concentration Risk Type [Domain] Customer Concentration Risk Customer Concentration Risk [Member] Lessor, Lease, Description [Line Items] Lessor, Lease, Description [Line Items] Lessor, operating lease, term (years) Lessor, Operating Lease, Term of Contract Allowance for doubtful accounts Revenues Percentage rent contributed by tenant Concentration Risk, Percentage Additional area of property leased (in square feet) Potentially dilutive securities outstanding Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount 2020 Lessee, Operating Lease, Liability, Payments, Due Next Twelve Months 2021 Lessee, Operating Lease, Liability, Payments, Due Year Two 2022 Lessee, Operating Lease, Liability, Payments, Due Year Three 2023 Lessee, Operating Lease, Liability, Payments, Due Year Four 2024 Lessee, Operating Lease, Liability, Payments, Due Year Five Thereafter Lessee, Operating Lease, Liability, Payments, Due after Year Five Total undiscounted cash flows Lessee, Operating Lease, Liability, Payments, Due Present value discount Lessee, Operating Lease, Liability, Undiscounted Excess Amount Lease liability as of December 31, 2019 Operating Lease, Liability Summary of Quarterly Results (Unaudited) Quarterly Financial Information [Table Text Block] Allowance for Doubtful Accounts Accounts Receivable, Allowance for Credit Loss [Table Text Block] Lessor, Operating Lease, Payments to be Received, Maturity Lessor, Operating Lease, Payments to be Received, Maturity [Table Text Block] Schedule of Future Minimum Rental Payments Receivable for Operating Leases Schedule of Future Minimum Rental Payments Receivable for Operating Leases [Table Text Block] Schedule of Future Minimum Rental Payments Receivable for Operating Leases [Table Text Block] Lessee, Operating Lease, Liability, Maturity Lessee, Operating Lease, Liability, Maturity [Table Text Block] Schedule of Future Minimum Rental Payments for Operating Leases Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block] Disaggregation of Revenue Disaggregation of Revenue [Table Text Block] Operating Lease, Lease Income Operating Lease, Lease Income [Table Text Block] Measurement Frequency [Axis] Measurement Frequency [Axis] Measurement Frequency [Domain] Measurement Frequency [Domain] Recurring Fair Value, Recurring [Member] Level 3 Fair Value, Inputs, Level 3 [Member] Financial Instrument [Axis] Financial Instrument [Axis] Financial Instruments [Domain] Financial Instruments [Domain] Marketable securities Securities (Assets) [Member] Total assets Investments, Fair Value Disclosure Organization Nature of Operations [Text Block] Schedule of Long-term Debt Instruments [Table] Schedule of Long-term Debt Instruments [Table] Subsequent Event Type [Axis] Subsequent Event Type [Axis] Subsequent Event Type [Domain] Subsequent Event Type [Domain] Subsequent Event Subsequent Event [Member] Debt Instrument [Axis] Debt Instrument [Axis] Debt Instrument, Name [Domain] Debt Instrument, Name [Domain] Matures in October 2021 Matures in October 2021 [Member] Matures in October 2021 [Member] Matures in December 2025 Matures in December 2025 [Member] Matures in December 2025 [Member] Debt Instrument [Line Items] Debt Instrument [Line Items] Mortgages payable, net of loan participation Notes Payable, Net Notes Payable, Net Net carrying value of real estate collateralizing the debt Pledged Assets Seperately Reported Real Estate Pledged As Collateral At Carrying Value The carrying value, as of the date of each statement of financial position presented, of real estate which is owned and pledged as collateral for related debt obligation Proceeds from loan participation Proceeds from Notes Payable SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, by Property [Table] SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, by Property [Table] Major Property Class [Axis] Major Property Class [Axis] Major Property Class [Domain] Major Property Class [Domain] Land Land Improvements [Member] Buildings and leasehold improvements Building Improvements [Member] Development and construction in progress Construction in Progress [Member] REAL ESTATE: SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate [Roll Forward] Balance at beginning of period Changes during the period SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Improvements Subtotal real estate Real Estate Accumulated Depreciation Before Accumulated Depreciation On Asset Sold And Written Off The subtotal of accumulated depreciation balance excluding accumulated depreciation on assets sold and write-off of accumulated depreciation on fully depreciated assets. Less: Fully depreciated assets SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Other Deduction Balance at end of the period ACCUMULATED DEPRECIATION: SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Accumulated Depreciation [Roll Forward] Balance at beginning of period Additions charged to operating expenses SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Accumulated Depreciation, Other Addition Subtotal of accumulated depreciation Real Estate Before Real Estate Sold And Written Off The subtotal of real estate asset balance excluding assets sold and write-off of fully depreciated assets. Less: Fully depreciated assets SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Accumulated Depreciation, Investment in Real Estate Sold Balance at end of the period 2019 Operating Leases, Future Minimum Payments Receivable, Current 2020 Operating Leases, Future Minimum Payments Receivable, in Two Years 2021 Operating Leases, Future Minimum Payments Receivable, in Three Years 2022 Operating Leases, Future Minimum Payments Receivable, in Four Years 2023 Operating Leases, Future Minimum Payments Receivable, in Five Years Thereafter Operating Leases, Future Minimum Payments Receivable, Thereafter Reconciliation Of Net Income Attributable To Common Stockholders To Estimated Taxable Income Reconciliation Of Net Income Attributable To Common Shareholders To Estimated Taxable Income [Table Text Block] Table reconciling net income attributable to common stockholders to estimated taxable income FNSIC Fifty Ninth Street Insurance Company LLC [Member] Fifty ninth street insurance company LLC. Schedule Of Insurance Type And Tier Identifier [Axis] Schedule Of Insurance Type And Tier Identifier [Axis] Schedule Of Insurance Type And Tier Identifier [Axis] Types And Tier Identifier [Domain] Types And Tier Identifier [Domain] Types And Tier Identifier [Domain] All Risk Property And Rental Value All Risk Property And Rental Value [Member] All risk property and rental value. Terrorism Coverage Including NBCR Terrorism Coverage Including NBCR [Member] Terrorism coverage including NBCR. NBCR NBCR [Member] NBCR. Insurance Insurance [Abstract] Insurance maximum coverage per incident Insurance Maximum Coverage Per Incident Insurance maximum coverage limit per incident. Insurance coverage end date Insurance Coverage End Date Insurance coverage end date. Insurance maximum coverage per property Insurance Maximum Coverage Per Property Insurance Maximum Coverage Per Property. Insurance maximum coverage in aggregate Insurance Maximum Coverage In Aggregate Insurance maximum coverage limit in aggregate. Insurance deductible Insurance Deductible The deductible owed by our wholly owned insurance subsidiary in the event of a covered loss. Self Insured Responsibility (in percentage) Self Insured Responsibility The percentage of the covered portion of a loss above the deductible for which our wholly owned insurance subsidiary is responsible for covered losses. Federal Government Responsibility (in percentage) Federal Government Responsibility The percentage of the covered portion of a loss above the deductible for which the Federal Government is responsible for covered losses. Quarterly Information [Table] Quarterly Information [Table] Quarterly Information [Table] Investment, Name [Axis] Investment, Name [Axis] Investment, Name [Domain] Investment, Name [Domain] Kings Plaza Kings Plaza Regional Shopping Center [Member] The Kings Plaza Regional Shopping Center. Quarterly Information [Line Items] Quarterly Information [Line Items] [Line Items] for Quarterly Information [Table] Total real property tax expense Real Estate Tax Expense Net Income (Loss) Per Common Share - Basic (in dollars per share) Earnings Per Share, Basic Statement [Line Items] Liability for real estate additions Number of extension options (option) Lessee, Operating Lease, Number Of Extension Options The remaining number of extension options under a ground lease Lessee, operating lease, renewal term (years) Lessee, Operating Lease, Renewal Term Right-of-use asset Operating Lease, Right-of-Use Asset Lease liability Weighted average discount rate (percentage) Operating Lease, Weighted Average Discount Rate, Percent Operating leases, rent expense Operating Leases, Rent Expense Operating lease, payments Operating Lease, Payments Additional real property transfer tax expense Additional Real Estate Transfer Tax Additional Real Estate Transfer Tax Real property tax expense interest Real Estate Tax Expense Interest Real Estate Tax Expense Interest Income from continuing operations Company management fees Company Management Fees [Member] Company management fees. Property management, cleaning, engineering and security services Summary of fees to Vornado Summary Of Related Party Transactions [Abstract] Fees to related party Related Party Transaction, Expenses from Transactions with Related Party Cover page. Document Type Document Type Document Annual Report Document Annual Report Document Transition Report Document Transition Report Entity File Number Entity File Number Entity Registrant Name Entity Registrant Name Entity Incorporation, State or Country Code Entity Incorporation, State or Country Code Entity Tax Identification Number Entity Tax Identification Number Entity Address, Address Line One Entity Address, Address Line One Entity Address, City or Town Entity Address, City or Town Entity Address, State or Province Entity Address, State or Province Entity Address, Postal Zip Code Entity Address, Postal Zip Code City Area Code City Area Code Local Phone Number Local Phone Number Title of 12(b) Security Title of 12(b) Security Trading Symbol Trading Symbol Security Exchange Name Security Exchange Name Entity Well-known Seasoned Issuer Entity Well-known Seasoned Issuer Entity Voluntary Filers Entity Voluntary Filers Entity Current Reporting Status Entity Current Reporting Status Entity Interactive Data Current Entity Interactive Data Current Entity Filer Category Entity Filer Category Entity Small Business Entity Small Business Entity Emerging Growth Company Entity Emerging Growth Company Entity Shell Company Entity Shell Company Entity Public Float Entity Public Float Entity Common Stock, Shares Outstanding Entity Common Stock, Shares Outstanding Documents Incorporated by Reference Documents Incorporated by Reference [Text Block] Entity Central Index Key Entity Central Index Key Document Fiscal Year Focus Document Fiscal Year Focus Document Fiscal Period Focus Document Fiscal Period Focus Amendment Flag Amendment Flag Current Fiscal Year End Date Current Fiscal Year End Date 2020 Lessor, Operating Lease, Payments to be Received, Next Twelve Months 2021 Lessor, Operating Lease, Payments to be Received, Two Years 2022 Lessor, Operating Lease, Payments to be Received, Three Years 2023 Lessor, Operating Lease, Payments to be Received, Four Years 2024 Lessor, Operating Lease, Payments to be Received, Five Years Thereafter Lessor, Operating Lease, Payments to be Received, Thereafter New Accounting Pronouncements or Change in Accounting Principle [Table] New Accounting Pronouncements or Change in Accounting Principle [Table] Adjustments for Error Corrections [Axis] Adjustments for Error Corrections [Axis] Adjustments for Error Correction [Domain] Adjustments for Error Correction [Domain] Restatement To Reclassify Rego Park II As A Reduction To Mortage Payable, Net Of Deferred Debt Issuance Costs Restatement To Reclassify Rego Park II As A Reduction To Mortage Payable, Net Of Deferred Debt Issuance Costs [Member] Restatement To Reclassify Rego Park II As A Reduction To Mortage Payable, Net Of Deferred Debt Issuance Costs [Member] Restatement [Axis] Restatement [Axis] Restatement [Domain] Restatement [Domain] Previously Reported Previously Reported [Member] Restatement Adjustment Restatement Adjustment [Member] New Accounting Pronouncements or Change in Accounting Principle [Line Items] New Accounting Pronouncements or Change in Accounting Principle [Line Items] Mortgages payable, net of deferred debt issuance costs Property rentals Expense reimbursements Expense Reimbursements Expense Reimbursements Real estate, net Cash and cash equivalent maturity maximum Cash And Cash Equivalent Maturity Maximum The original maximum maturity date of all liquid investments classified as cash and cash equivalents Marketable Securities [Abstract] Marketable Securities [Table] Marketable Securities [Table] Macerich Macerich [Member] Macerich interest. Marketable Securities [Line Items] Marketable Securities [Line Items] Investment owned, balance, shares Investment Owned, Balance, Shares Economic basis per share (in dollars per share) Economic Basis Of Marketable Securities Per Share Economic basis per share of marketable securities Available-for-sale securities, amortized cost basis Debt Securities, Available-for-sale, Amortized Cost Fair value Debt Securities, Available-for-sale Closing share price (in dollars per share) Share Price Marketable Securities Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block] Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table] Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table] Title of Individual [Axis] Title of Individual [Axis] Title of Individual [Domain] Title of Individual [Domain] Director Director [Member] Share-based Compensation Arrangement by Share-based Payment Award Share-based Compensation Arrangement by Share-based Payment Award [Line Items] Non-option equity instruments granted per director (in shares) Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted Per Director Number of restricted stock units granted to each of the members of the board of directors during the period. Non-option equity instruments grant date fair value per grant Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Grant Date Fair Value Per Grant Share based compensation arrangement by share based payment award non option equity instruments grant date fair value per grant. Non-option equity instruments grant date fair value per grant total Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Grant Date Fair ValueTotal Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Grant Date Fair Value Total Non-option equity instruments, outstanding, number (in shares) Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding, Number Shares available for future grant under the plan (in shares) Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant Net Income (Loss) Net Income (Loss) Per Common Share - Diluted (in dollars per share) Earnings Per Share, Diluted Multiemployer Benefit Plans Pension and Other Postretirement Benefits Disclosure [Text Block] EX-101.PRE 14 alx-20191231_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT GRAPHIC 15 untitleda04.jpg begin 644 untitleda04.jpg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htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Mortgages Payable (Principal repayments for the next five years) (Details)
$ in Thousands
Dec. 31, 2019
USD ($)
Debt Disclosure [Abstract]  
2020 $ 0
2021 68,000
2022 350,000
2023 0
2024 500,000
Thereafter $ 56,836
XML 17 Show.js IDEA: XBRL DOCUMENT // Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission. Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105. var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0); e.removeAttribute('id');a.parentNode.appendChild(e)}} if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'} e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}} XML 18 R42.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Marketable Securities (Details) - USD ($)
$ / shares in Units, $ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Marketable Securities [Line Items]    
Investment owned, balance, shares 535,265 535,265
Economic basis per share (in dollars per share) $ 56.05  
Available-for-sale securities, amortized cost basis $ 30,000  
Fair value $ 14,409 $ 23,166
Macerich    
Marketable Securities [Line Items]    
Closing share price (in dollars per share) $ 26.92 $ 43.28
XML 19 R61.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Earnings Per Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Earnings Per Share [Abstract]                      
Income from continuing operations                 $ 60,075 $ 56,641 $ 80,509
Loss from discontinued operations (see Note 6)                 0 (23,797) 0
Net income $ 14,434 $ 16,493 $ 11,283 $ 17,865 $ 9,971 $ 15,003 $ 17,570 $ (9,700) $ 60,075 $ 32,844 $ 80,509
Weighted average shares outstanding - basic and diluted (in shares)                 5,118,198 5,116,838 5,115,501
Income from continuing operations - basic and diluted (in usd per share)                 $ 11.74 $ 11.07 $ 15.74
Loss from discontinued operations - basic and diluted (in usd per share)                 0 (4.65) 0
Net income per common share - basic and diluted (in usd per share)                 $ 11.74 $ 6.42 $ 15.74
XML 20 R65.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Schedule III: Real Estate and Accumulated Depreciation (Rollforward of Real Estate and Accumulated Deprecation) (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
REAL ESTATE:      
Balance at beginning of period $ 1,027,691 $ 1,037,368 $ 1,033,551
Subtotal real estate 1,041,342 1,041,281 1,037,368
Less: Fully depreciated assets 0 (13,590) 0
Balance at end of the period 1,041,342 1,027,691 1,037,368
ACCUMULATED DEPRECIATION:      
Balance at beginning of period 297,421 283,044 252,737
Additions charged to operating expenses 27,078 27,967 30,307
Subtotal of accumulated depreciation 324,499 311,011 283,044
Less: Fully depreciated assets 0 (13,590) 0
Balance at end of the period 324,499 297,421 283,044
Land      
REAL ESTATE:      
Changes during the period 0 0 0
Buildings and leasehold improvements      
REAL ESTATE:      
Changes during the period 5,579 3,218 3,046
Development and construction in progress      
REAL ESTATE:      
Changes during the period $ 8,072 $ 695 $ 771
XML 21 alx10-k123119_htm.xml IDEA: XBRL DOCUMENT 0000003499 2019-01-01 2019-12-31 0000003499 2019-06-30 0000003499 2020-01-31 0000003499 2019-12-31 0000003499 2018-12-31 0000003499 2018-01-01 2018-12-31 0000003499 2017-01-01 2017-12-31 0000003499 us-gaap:AdditionalPaidInCapitalMember 2017-01-01 2017-12-31 0000003499 us-gaap:AdditionalPaidInCapitalMember 2019-12-31 0000003499 2016-12-31 0000003499 us-gaap:CommonStockMember 2017-12-31 0000003499 us-gaap:CommonStockMember 2016-12-31 0000003499 us-gaap:RetainedEarningsMember 2017-01-01 2017-12-31 0000003499 us-gaap:CommonStockMember 2018-12-31 0000003499 us-gaap:RetainedEarningsMember 2018-01-01 2018-12-31 0000003499 us-gaap:RetainedEarningsMember 2019-01-01 2019-12-31 0000003499 us-gaap:TreasuryStockMember 2018-12-31 0000003499 us-gaap:AdditionalPaidInCapitalMember 2018-01-01 2018-12-31 0000003499 us-gaap:RetainedEarningsMember 2019-12-31 0000003499 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2017-12-31 0000003499 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-12-31 0000003499 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2017-01-01 2017-12-31 0000003499 us-gaap:AdditionalPaidInCapitalMember 2016-12-31 0000003499 us-gaap:TreasuryStockMember 2016-12-31 0000003499 us-gaap:CommonStockMember 2019-12-31 0000003499 us-gaap:RetainedEarningsMember 2016-12-31 0000003499 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-01-01 2018-12-31 0000003499 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2016-12-31 0000003499 us-gaap:RetainedEarningsMember 2017-12-31 0000003499 us-gaap:AdditionalPaidInCapitalMember 2017-12-31 0000003499 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-01-01 2019-12-31 0000003499 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-12-31 0000003499 us-gaap:AdditionalPaidInCapitalMember 2018-12-31 0000003499 us-gaap:TreasuryStockMember 2017-01-01 2017-12-31 0000003499 us-gaap:AdditionalPaidInCapitalMember 2019-01-01 2019-12-31 0000003499 us-gaap:TreasuryStockMember 2017-12-31 0000003499 us-gaap:TreasuryStockMember 2019-12-31 0000003499 2017-12-31 0000003499 us-gaap:RetainedEarningsMember 2018-12-31 0000003499 srt:AffiliatedEntityMember 2017-01-01 2017-12-31 0000003499 srt:AffiliatedEntityMember 2018-01-01 2018-12-31 0000003499 srt:AffiliatedEntityMember 2019-01-01 2019-12-31 0000003499 srt:RetailSiteMember alx:LexingtonAvenuePropertyMember alx:OperatingPropertyMember alx:TenantOccupantMember alx:ContainerStoreMember 2019-12-31 0000003499 alx:RegoPark1PropertyMember alx:OperatingPropertyMember 2019-12-31 0000003499 alx:RegoPark2PropertyMember alx:AnchorMember 2019-12-31 0000003499 alx:LexingtonAvenuePropertyMember alx:OperatingPropertyMember 2019-12-31 0000003499 alx:RegoPark1PropertyMember alx:SearsMember 2017-01-01 2017-12-31 0000003499 srt:RetailSiteMember alx:LexingtonAvenuePropertyMember alx:OperatingPropertyMember 2019-12-31 0000003499 srt:ApartmentBuildingMember alx:LexingtonAvenuePropertyMember alx:OperatingPropertyMember 2019-12-31 0000003499 alx:RegoPark2PropertyMember alx:OperatingPropertyMember alx:AnchorMember alx:TenantOccupantMember alx:KohlsMember 2019-12-31 0000003499 alx:RegoPark3PropertyMember alx:PropertiesToBeDevelopedMember 2019-12-31 0000003499 alx:AlexanderApartmentTowerMember alx:OperatingPropertyMember 2019-12-31 0000003499 alx:RegoPark1PropertyMember alx:OperatingPropertyMember alx:AnchorMember alx:TenantOccupantMember alx:BurlingtonCoatFactoryMember 2019-12-31 0000003499 alx:RegoPark2PropertyMember alx:OperatingPropertyMember alx:AnchorMember alx:TenantOccupantMember alx:CostcoMember 2019-12-31 0000003499 alx:RegoPark2PropertyMember alx:OperatingPropertyMember alx:AnchorMember alx:TenantOccupantMember alx:Century21Member 2019-12-31 0000003499 alx:RegoPark1PropertyMember alx:OperatingPropertyMember alx:AnchorMember alx:TenantOccupantMember alx:MarshallsMember 2019-12-31 0000003499 srt:OfficeBuildingMember alx:LexingtonAvenuePropertyMember alx:OperatingPropertyMember 2019-12-31 0000003499 srt:RetailSiteMember alx:LexingtonAvenuePropertyMember alx:OperatingPropertyMember alx:TenantOccupantMember alx:HomeDepotMember 2019-12-31 0000003499 alx:RegoPark1PropertyMember alx:OperatingPropertyMember alx:AnchorMember alx:TenantOccupantMember alx:BedBathBeyondMember 2019-12-31 0000003499 alx:RegoPark1PropertyMember alx:OperatingPropertyMember alx:AnchorMember alx:TenantOccupantMember alx:IkeaMember 2019-09-23 0000003499 alx:RegoPark1PropertyMember alx:OperatingPropertyMember alx:AnchorMember alx:TenantOccupantMember alx:SearsMember 2019-12-31 0000003499 alx:FlushingPropertyMember alx:OperatingPropertyMember 2019-12-31 0000003499 alx:ParamusPropertyMember alx:OperatingPropertyMember alx:TenantOccupantMember alx:IkeaMember 2019-12-31 0000003499 alx:RegoPark2PropertyMember alx:KohlsMember 2019-01-01 2019-12-31 0000003499 srt:RestatementAdjustmentMember 2018-01-01 2018-12-31 0000003499 srt:RestatementAdjustmentMember alx:RestatementToReclassifyRegoParkIIAsAReductionToMortagePayableNetOfDeferredDebtIssuanceCostsMember 2018-12-31 0000003499 alx:LongTermCapitalGainMember 2017-01-01 2017-12-31 0000003499 srt:ScenarioPreviouslyReportedMember 2018-12-31 0000003499 alx:OrdinaryIncomeMember 2017-01-01 2017-12-31 0000003499 alx:OrdinaryIncomeMember 2019-01-01 2019-12-31 0000003499 us-gaap:AccountingStandardsUpdate201602Member 2019-01-01 0000003499 srt:RestatementAdjustmentMember 2017-01-01 2017-12-31 0000003499 alx:OrdinaryIncomeMember 2018-01-01 2018-12-31 0000003499 alx:LongTermCapitalGainMember 2019-01-01 2019-12-31 0000003499 srt:MinimumMember 2019-01-01 2019-12-31 0000003499 alx:DirectServicesMember 2019-01-01 2019-12-31 0000003499 alx:DirectServicesMember 2017-01-01 2017-12-31 0000003499 us-gaap:ParkingMember 2018-01-01 2018-12-31 0000003499 us-gaap:ParkingMember 2019-01-01 2019-12-31 0000003499 us-gaap:ParkingMember 2017-01-01 2017-12-31 0000003499 alx:DirectServicesMember 2018-01-01 2018-12-31 0000003499 alx:CompanyManagementFeesMember srt:AffiliatedEntityMember 2017-01-01 2017-12-31 0000003499 alx:PropertyManagementFeesMember srt:AffiliatedEntityMember 2018-01-01 2018-12-31 0000003499 alx:DevelopmentFeesMember srt:AffiliatedEntityMember 2018-01-01 2018-12-31 0000003499 alx:PropertyManagementFeesMember srt:AffiliatedEntityMember 2019-01-01 2019-12-31 0000003499 alx:CompanyManagementFeesMember srt:AffiliatedEntityMember 2019-01-01 2019-12-31 0000003499 alx:LeasingFeesMember srt:AffiliatedEntityMember 2019-01-01 2019-12-31 0000003499 alx:DevelopmentFeesMember srt:AffiliatedEntityMember 2019-01-01 2019-12-31 0000003499 alx:CompanyManagementFeesMember srt:AffiliatedEntityMember 2018-01-01 2018-12-31 0000003499 alx:PropertyManagementFeesMember srt:AffiliatedEntityMember 2017-01-01 2017-12-31 0000003499 alx:LeasingFeesMember srt:AffiliatedEntityMember 2017-01-01 2017-12-31 0000003499 alx:LeasingFeesMember srt:AffiliatedEntityMember 2018-01-01 2018-12-31 0000003499 alx:DevelopmentFeesMember srt:AffiliatedEntityMember 2017-01-01 2017-12-31 0000003499 alx:AlexandersInc.Member srt:AffiliatedEntityMember alx:VornadoMember 2019-12-31 0000003499 srt:RetailSiteMember alx:RegoPark2PropertyMember alx:ToysRUsMember 2018-06-30 0000003499 alx:ManagementAndPartnersMember 2019-12-31 0000003499 alx:CommonAreaMember alx:LexingtonAvenuePropertyMember alx:PropertyManagementFeesMember srt:AffiliatedEntityMember 2019-01-01 2019-12-31 0000003499 alx:LeasingFeesMember srt:AffiliatedEntityMember 2019-12-31 0000003499 srt:RetailSiteMember alx:RegoPark2PropertyMember alx:ToysRUsMember 2018-01-01 2018-12-31 0000003499 alx:RegoPark2PropertyMember alx:PropertyManagementFeesMember srt:AffiliatedEntityMember 2019-01-01 2019-12-31 0000003499 alx:DevelopmentFeesMember srt:AffiliatedEntityMember 2018-12-31 0000003499 alx:LexingtonAvenuePropertyMember alx:PropertyManagementFeesMember srt:AffiliatedEntityMember 2019-01-01 2019-12-31 0000003499 alx:LeasingFeesMember srt:AffiliatedEntityMember 2018-12-31 0000003499 srt:AffiliatedEntityMember alx:ToysRUsMember 2018-12-31 0000003499 alx:AlexandersInc.Member alx:ManagementAndPartnersThroughRelatedPartyMember alx:VornadoMember 2019-12-31 0000003499 alx:DevelopmentFeesMember srt:AffiliatedEntityMember 2019-12-31 0000003499 alx:ManagementPropertyManagementCleaningEngineeringAndSecurityFeesMember srt:AffiliatedEntityMember 2019-12-31 0000003499 alx:ManagementPropertyManagementCleaningEngineeringAndSecurityFeesMember srt:AffiliatedEntityMember 2018-12-31 0000003499 alx:MacerichMember 2018-12-31 0000003499 alx:MacerichMember 2019-12-31 0000003499 2018-01-01 2018-03-31 0000003499 us-gaap:MortgagesMember 2018-12-31 0000003499 srt:RetailSiteMember alx:RegoPark2PropertyMember us-gaap:MortgagesMember 2019-12-31 0000003499 srt:RetailSiteMember alx:LexingtonAvenuePropertyMember us-gaap:MortgagesMember 2018-12-31 0000003499 srt:OfficeBuildingMember alx:LexingtonAvenuePropertyMember us-gaap:MortgagesMember 2019-12-31 0000003499 srt:OfficeBuildingMember alx:LexingtonAvenuePropertyMember us-gaap:MortgagesMember 2018-12-31 0000003499 srt:RetailSiteMember alx:RegoPark2PropertyMember us-gaap:MortgagesMember 2018-12-31 0000003499 alx:ParamusPropertyMember us-gaap:MortgagesMember 2018-12-31 0000003499 srt:RetailSiteMember alx:LexingtonAvenuePropertyMember us-gaap:MortgagesMember 2019-12-31 0000003499 alx:ParamusPropertyMember us-gaap:MortgagesMember 2019-12-31 0000003499 us-gaap:MortgagesMember 2019-12-31 0000003499 alx:ParamusPropertyMember alx:MaturesinOctober2021Member 2018-10-03 0000003499 alx:RegoPark2PropertyMember alx:MaturesinDecember2025Member 2019-12-31 0000003499 srt:RetailSiteMember alx:RegoPark2PropertyMember alx:MaturesinDecember2025Member us-gaap:MortgagesMember 2019-12-31 0000003499 srt:RetailSiteMember alx:RegoPark2PropertyMember alx:MaturesinDecember2025Member us-gaap:MortgagesMember us-gaap:LondonInterbankOfferedRateLIBORMember 2018-12-12 2018-12-12 0000003499 srt:RetailSiteMember alx:RegoPark2PropertyMember alx:MaturesinDecember2025Member us-gaap:MortgagesMember 2018-12-12 0000003499 alx:RegoPark2PropertyMember us-gaap:SubsequentEventMember 2020-02-14 2020-02-14 0000003499 alx:RegoPark2PropertyMember us-gaap:SubsequentEventMember 2020-02-14 0000003499 alx:ParamusPropertyMember 2018-10-02 0000003499 srt:RetailSiteMember alx:LexingtonAvenuePropertyMember us-gaap:MortgagesMember 2019-01-01 2019-12-31 0000003499 alx:ParamusPropertyMember us-gaap:MortgagesMember 2019-01-01 2019-12-31 0000003499 srt:OfficeBuildingMember alx:LexingtonAvenuePropertyMember us-gaap:MortgagesMember 2019-01-01 2019-12-31 0000003499 srt:RetailSiteMember alx:RegoPark2PropertyMember us-gaap:MortgagesMember 2019-01-01 2019-12-31 0000003499 srt:RetailSiteMember alx:RegoPark2PropertyMember us-gaap:MortgagesMember us-gaap:LondonInterbankOfferedRateLIBORMember 2019-01-01 2019-12-31 0000003499 srt:OfficeBuildingMember alx:LexingtonAvenuePropertyMember us-gaap:MortgagesMember us-gaap:LondonInterbankOfferedRateLIBORMember 2019-01-01 2019-12-31 0000003499 alx:RegoPark2PropertyMember alx:ParticipationAgreementMember 2019-12-31 0000003499 srt:RetailSiteMember alx:LexingtonAvenuePropertyMember us-gaap:MortgagesMember us-gaap:LondonInterbankOfferedRateLIBORMember 2019-01-01 2019-12-31 0000003499 us-gaap:FairValueMeasurementsRecurringMember us-gaap:SecuritiesAssetsMember 2019-12-31 0000003499 us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:SecuritiesAssetsMember 2018-12-31 0000003499 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:SecuritiesAssetsMember 2019-12-31 0000003499 us-gaap:FairValueMeasurementsRecurringMember us-gaap:SecuritiesAssetsMember 2018-12-31 0000003499 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:SecuritiesAssetsMember 2019-12-31 0000003499 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:SecuritiesAssetsMember 2018-12-31 0000003499 us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:SecuritiesAssetsMember 2019-12-31 0000003499 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:SecuritiesAssetsMember 2018-12-31 0000003499 us-gaap:FairValueInputsLevel2Member us-gaap:EstimateOfFairValueFairValueDisclosureMember 2019-12-31 0000003499 us-gaap:CarryingReportedAmountFairValueDisclosureMember 2019-12-31 0000003499 us-gaap:CarryingReportedAmountFairValueDisclosureMember 2018-12-31 0000003499 us-gaap:FairValueInputsLevel2Member us-gaap:EstimateOfFairValueFairValueDisclosureMember 2018-12-31 0000003499 us-gaap:FairValueInputsLevel1Member us-gaap:EstimateOfFairValueFairValueDisclosureMember 2019-12-31 0000003499 us-gaap:FairValueInputsLevel1Member us-gaap:EstimateOfFairValueFairValueDisclosureMember 2018-12-31 0000003499 srt:MinimumMember alx:AlexanderApartmentTowerMember 2019-12-31 0000003499 us-gaap:AccountingStandardsUpdate201602Member 2019-01-01 2019-12-31 0000003499 alx:BloombergMember us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember 2017-01-01 2017-12-31 0000003499 srt:MaximumMember alx:AlexanderApartmentTowerMember 2019-12-31 0000003499 alx:BloombergMember alx:LexingtonAvenuePropertyMember 2019-06-28 0000003499 alx:BloombergMember us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember 2018-01-01 2018-12-31 0000003499 alx:BloombergMember us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember 2019-01-01 2019-12-31 0000003499 srt:MaximumMember 2019-12-31 0000003499 srt:MinimumMember 2019-12-31 0000003499 srt:DirectorMember 2019-05-16 2019-05-16 0000003499 srt:DirectorMember 2019-12-31 0000003499 alx:AllRiskPropertyAndRentalValueMember 2019-01-01 2019-12-31 0000003499 alx:TenantOccupantMember alx:ParamusPropertyMember alx:IkeaMember 2001-12-31 0000003499 alx:NbcrMember 2019-12-31 0000003499 alx:TenantOccupantMember alx:ParamusPropertyMember srt:ScenarioForecastMember alx:IkeaMember 2021-01-01 2021-12-31 0000003499 alx:RegoPark1PropertyMember alx:EstimatedFutureDamagesMember alx:SearsMember 2016-03-01 2016-03-31 0000003499 alx:RegoPark1PropertyMember alx:SearsMember 2017-04-04 0000003499 alx:TerrorismCoverageIncludingNbcrMember 2019-01-01 2019-12-31 0000003499 srt:MaximumMember alx:RegoPark1PropertyMember alx:EstimatedFutureDamagesMember alx:SearsMember 2019-12-31 0000003499 alx:TenantOccupantMember alx:ParamusPropertyMember alx:IkeaMember 2019-12-31 0000003499 srt:MinimumMember alx:RegoPark1PropertyMember alx:EstimatedFutureDamagesMember alx:SearsMember 2016-01-01 2016-12-31 0000003499 srt:MinimumMember alx:RegoPark1PropertyMember alx:SearsMember 2016-01-01 2016-12-31 0000003499 alx:TenantOccupantMember alx:ParamusPropertyMember srt:ScenarioForecastMember alx:IkeaMember 2021-12-31 0000003499 alx:RegoPark1PropertyMember alx:SearsMember 2014-02-01 2014-02-28 0000003499 alx:TenantOccupantMember alx:ParamusPropertyMember alx:IkeaMember 2019-01-01 2019-12-31 0000003499 alx:FiftyNinthStreetInsuranceCompanyLlcMember 2019-01-01 2019-12-31 0000003499 us-gaap:MultiemployerPlansPensionMember 2019-01-01 2019-12-31 0000003499 us-gaap:MultiemployerPlansPostretirementBenefitMember 2018-01-01 2018-12-31 0000003499 us-gaap:MultiemployerPlansPensionMember 2017-01-01 2017-12-31 0000003499 us-gaap:MultiemployerPlansPostretirementBenefitMember 2017-01-01 2017-12-31 0000003499 us-gaap:MultiemployerPlansPostretirementBenefitMember 2019-01-01 2019-12-31 0000003499 us-gaap:MultiemployerPlansPensionMember 2018-01-01 2018-12-31 0000003499 2019-01-01 2019-03-31 0000003499 2019-04-01 2019-06-30 0000003499 2018-07-01 2018-09-30 0000003499 2018-10-01 2018-12-31 0000003499 2018-04-01 2018-06-30 0000003499 2019-10-01 2019-12-31 0000003499 2019-07-01 2019-09-30 0000003499 alx:KingsPlazaRegionalShoppingCenterMember 2018-01-01 2018-03-31 0000003499 alx:RegoPark3PropertyMember stpr:NY 2019-12-31 0000003499 alx:LexingtonAvenuePropertyMember stpr:NY 2019-12-31 0000003499 alx:FlushingPropertyMember stpr:NY 2019-12-31 0000003499 alx:OtherPropertiesMember 2019-12-31 0000003499 alx:AlexanderApartmentTowerMember stpr:NY 2019-12-31 0000003499 alx:AlexanderApartmentTowerMember stpr:NY 2019-01-01 2019-12-31 0000003499 alx:LexingtonAvenuePropertyMember stpr:NY 2019-01-01 2019-12-31 0000003499 srt:RetailSiteMember alx:RegoPark2PropertyMember stpr:NY 2019-01-01 2019-12-31 0000003499 alx:RegoPark1PropertyMember stpr:NY 2019-01-01 2019-12-31 0000003499 srt:RetailSiteMember alx:RegoPark2PropertyMember stpr:NY 2019-12-31 0000003499 alx:ParamusPropertyMember stpr:NJ 2019-12-31 0000003499 alx:RegoPark1PropertyMember stpr:NY 2019-12-31 0000003499 alx:ParamusPropertyMember stpr:NJ 2019-01-01 2019-12-31 0000003499 alx:OtherPropertiesMember 2019-01-01 2019-12-31 0000003499 alx:FlushingPropertyMember stpr:NY 2019-01-01 2019-12-31 0000003499 alx:RegoPark3PropertyMember stpr:NY 2019-01-01 2019-12-31 0000003499 srt:MinimumMember alx:RegoPark1PropertyMember stpr:NY 2019-01-01 2019-12-31 0000003499 srt:RetailSiteMember srt:MaximumMember alx:RegoPark2PropertyMember stpr:NY 2019-01-01 2019-12-31 0000003499 srt:RetailSiteMember srt:MinimumMember alx:RegoPark2PropertyMember stpr:NY 2019-01-01 2019-12-31 0000003499 srt:MaximumMember alx:LexingtonAvenuePropertyMember stpr:NY 2019-01-01 2019-12-31 0000003499 srt:MinimumMember alx:RegoPark3PropertyMember stpr:NY 2019-01-01 2019-12-31 0000003499 srt:MaximumMember alx:RegoPark1PropertyMember stpr:NY 2019-01-01 2019-12-31 0000003499 srt:MinimumMember alx:AlexanderApartmentTowerMember stpr:NY 2019-01-01 2019-12-31 0000003499 srt:MinimumMember alx:LexingtonAvenuePropertyMember stpr:NY 2019-01-01 2019-12-31 0000003499 srt:MaximumMember alx:RegoPark3PropertyMember stpr:NY 2019-01-01 2019-12-31 0000003499 srt:MaximumMember alx:AlexanderApartmentTowerMember stpr:NY 2019-01-01 2019-12-31 0000003499 us-gaap:LandImprovementsMember 2019-01-01 2019-12-31 0000003499 us-gaap:ConstructionInProgressMember 2018-01-01 2018-12-31 0000003499 us-gaap:BuildingImprovementsMember 2017-01-01 2017-12-31 0000003499 us-gaap:ConstructionInProgressMember 2019-01-01 2019-12-31 0000003499 us-gaap:LandImprovementsMember 2017-01-01 2017-12-31 0000003499 us-gaap:BuildingImprovementsMember 2019-01-01 2019-12-31 0000003499 us-gaap:BuildingImprovementsMember 2018-01-01 2018-12-31 0000003499 us-gaap:LandImprovementsMember 2018-01-01 2018-12-31 0000003499 us-gaap:ConstructionInProgressMember 2017-01-01 2017-12-31 alx:property pure utreg:acre utreg:sqft alx:option alx:segment alx:unit iso4217:USD shares iso4217:USD utreg:sqft alx:condomium_unit alx:fire iso4217:USD shares 2027-12-01 1700000000.0 300000000 21000 125000 18000 1975 31039000 32374000 false --12-31 FY 2019 0000003499 9212000 14362000 0 0 17 18 18 1 1 10000000 10000000 5173450 5173450 5107290 5107290 4671000 4700000 5386000 0.009 0.014 0.0135 LIBOR LIBOR LIBOR 2021-10-01 2024-06-01 2022-08-01 2025-12-01 2021-10-01 3875000 4.65 535265 746000 746000 2031-01-01 false false false 195708000 1 1 3000000 3000000 0 0 0 0 P40Y P3Y P39Y P39Y P39Y P15Y P3Y P9Y P3Y P5Y 23797000 2380000 2380000 2380000 66160 66160 10-K true 2019-12-31 false 001-06064 ALEXANDERS INC DE 51-0100517 210 Route 4 East, Paramus, NJ 07652 (201) 587-8541 Common Stock, $1 par value per share ALX NYSE Yes No Yes Yes Large Accelerated Filer false false false 785470000 5107290 <div style="line-height:120%;padding-bottom:12px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Part III</span><span style="font-family:inherit;font-size:10pt;">: Portions of the Proxy Statement for the Annual Meeting of Stockholders to be held on May 14, 2020.</span></div><div style="line-height:120%;padding-bottom:12px;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="5"/></tr><tr><td style="width:18%;"/><td style="width:20%;"/><td style="width:20%;"/><td style="width:20%;"/><td style="width:22%;"/></tr><tr><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;height:6px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;height:6px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;height:6px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;height:6px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;height:6px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr></table></div><span style="font-family:inherit;font-size:10pt;"><br/></span></div> 44971000 44971000 984053000 978474000 12318000 4246000 1041342000 1027691000 324499000 297421000 716843000 730270000 298063000 283056000 15914000 6439000 14409000 23166000 6092000 4075000 166376000 168789000 41123000 40669000 6691000 29085000 1265511000 1285549000 970961000 965826000 1426000 708000 31756000 30889000 7853000 3034000 1011996000 1000457000 0 0 5173000 5173000 32365000 31971000 216394000 248443000 -49000 -127000 253883000 285460000 368000 368000 253515000 285092000 1265511000 1285549000 226350000 232825000 230574000 89738000 93775000 85127000 31351000 33089000 34925000 5772000 5343000 5255000 126861000 132207000 125307000 8244000 12546000 6716000 38901000 44533000 31474000 -8757000 -11990000 0 60075000 56641000 80509000 0 -23797000 0 60075000 32844000 80509000 11.74 11.07 15.74 0 -4.65 0 11.74 6.42 15.74 5118198 5116838 5115501 60075000 32844000 80509000 0 0 -2762000 78000 -1000 -70000 60153000 32843000 77677000 5173000 5173000 31189000 308995000 7862000 -374000 352845000 80509000 80509000 86961000 86961000 -2762000 -2762000 -70000 -70000 394000 394000 6000 -6000 0 5173000 5173000 31577000 302543000 5030000 -368000 343955000 32844000 32844000 92100000 92100000 5156000 -5156000 0 -1000 -1000 394000 394000 5173000 5173000 31971000 248443000 -127000 -368000 285092000 60075000 60075000 92124000 92124000 78000 78000 394000 394000 5173000 5173000 32365000 216394000 -49000 -368000 253515000 60075000 32844000 80509000 36515000 38499000 38681000 -2413000 -5924000 -4297000 394000 394000 394000 -8757000 -11990000 0 2017000 1382000 -363000 -21553000 1197000 2627000 789000 -1907000 1626000 -1800000 -11760000 211000 -609000 133000 -28000 126070000 73538000 123426000 9449000 3966000 3434000 0 0 200000000 0 2829000 1463000 -9449000 -1137000 -201971000 92124000 92100000 86961000 15000 2189000 12186000 0 160142000 303707000 0 78246000 500000000 -92139000 -176185000 97146000 24482000 -103784000 18601000 289495000 393279000 374678000 313977000 289495000 393279000 283056000 307536000 288926000 6439000 85743000 85752000 289495000 393279000 374678000 298063000 283056000 307536000 15914000 6439000 85743000 313977000 289495000 393279000 34669000 38231000 26994000 5428000 0 0 3191000 631000 705000 1466000 0 0 0 16090000 4265000 0 195708000 0 ORGANIZATION<div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Alexander’s, Inc. (NYSE: ALX) is a real estate investment trust (“REIT”), incorporated in Delaware, engaged in leasing, managing, developing and redeveloping its properties.  All references to “we,” “us,” “our,” “Company” and “Alexander’s” refer to Alexander’s, Inc. and its consolidated subsidiaries.  We are managed by, and our properties are leased and developed by, Vornado Realty Trust (“Vornado”) (NYSE: VNO).</span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">We have </span><span style="font-family:inherit;font-size:10pt;"><span>seven</span></span><span style="font-family:inherit;font-size:10pt;"> properties in the greater New York City metropolitan area consisting of:</span></div><div style="line-height:120%;text-align:justify;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> </span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;text-decoration:underline;">Operating properties</span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><span style="font-family:inherit;font-size:10pt;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">731 Lexington Avenue, a </span><span style="font-family:inherit;font-size:10pt;"><span>1,323,000</span></span><span style="font-family:inherit;font-size:10pt;"> square foot multi-use building, comprising the entire block bounded by Lexington Avenue, East 59</span><span style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">th</sup></span><span style="font-family:inherit;font-size:10pt;"> Street, Third Avenue and East 58</span><span style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">th</sup></span><span style="font-family:inherit;font-size:10pt;"> Street in Manhattan.  The building contains </span><span style="font-family:inherit;font-size:10pt;"><span>920,000</span></span><span style="font-family:inherit;font-size:10pt;"> and </span><span style="font-family:inherit;font-size:10pt;"><span>155,000</span></span><span style="font-family:inherit;font-size:10pt;"> of net rentable square feet of office and retail space, respectively, which we own, and </span><span style="font-family:inherit;font-size:10pt;"><span>248,000</span></span><span style="font-family:inherit;font-size:10pt;"> square feet of residential space consisting of </span><span style="font-family:inherit;font-size:10pt;"><span>105</span></span><span style="font-family:inherit;font-size:10pt;"> condominium units, which we sold.  Bloomberg L.P. (“Bloomberg”) occupies all of the office space.  The Home Depot (</span><span style="font-family:inherit;font-size:10pt;"><span>83,000</span></span><span style="font-family:inherit;font-size:10pt;"> square feet) and The Container Store (</span><span style="font-family:inherit;font-size:10pt;"><span>34,000</span></span><span style="font-family:inherit;font-size:10pt;"> square feet) are the principal retail tenants;</span></div></td></tr></table><div style="line-height:120%;text-align:left;padding-left:48px;text-indent:-24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><span style="font-family:inherit;font-size:10pt;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Rego Park I, a </span><span style="font-family:inherit;font-size:10pt;"><span>343,000</span></span><span style="font-family:inherit;font-size:10pt;"> square foot shopping center, located on Queens Boulevard and 63</span><span style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">rd</sup></span><span style="font-family:inherit;font-size:10pt;"> Road in Queens. On April 4, 2017, Sears closed its </span><span style="font-family:inherit;font-size:10pt;"><span>195,000</span></span><span style="font-family:inherit;font-size:10pt;"> square foot anchor store at the property (</span><span style="font-family:inherit;font-size:10pt;"><span>$10,300,000</span></span><span style="font-family:inherit;font-size:10pt;"> of annual revenue). On October 15, 2018, Sears filed for Chapter 11 bankruptcy relief and rejected its lease. On September 23, 2019, we leased </span><span style="font-family:inherit;font-size:10pt;"><span>113,000</span></span><span style="font-family:inherit;font-size:10pt;"> square feet at the property to IKEA Property, Inc. (“IKEA”), replacing a significant portion of the space formerly occupied by Sears. The center is also anchored by a </span><span style="font-family:inherit;font-size:10pt;"><span>50,000</span></span><span style="font-family:inherit;font-size:10pt;"> square foot Burlington, a </span><span style="font-family:inherit;font-size:10pt;"><span>46,000</span></span><span style="font-family:inherit;font-size:10pt;"> square foot Bed Bath &amp; Beyond and a </span><span style="font-family:inherit;font-size:10pt;"><span>36,000</span></span><span style="font-family:inherit;font-size:10pt;"> square foot Marshalls;</span></div></td></tr></table><div style="line-height:120%;text-align:justify;padding-left:48px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><span style="font-family:inherit;font-size:10pt;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Rego Park II, a </span><span style="font-family:inherit;font-size:10pt;"><span>609,000</span></span><span style="font-family:inherit;font-size:10pt;"> square foot shopping center, adjacent to the Rego Park I shopping center in Queens.  The center is anchored by a </span><span style="font-family:inherit;font-size:10pt;"><span>145,000</span></span><span style="font-family:inherit;font-size:10pt;"> square foot Costco, a </span><span style="font-family:inherit;font-size:10pt;"><span>135,000</span></span><span style="font-family:inherit;font-size:10pt;"> square foot Century 21 and a </span><span style="font-family:inherit;font-size:10pt;"><span>133,000</span></span><span style="font-family:inherit;font-size:10pt;"> square foot Kohl’s. On April 13, 2019, Kohl’s closed its store at the property. On January 24, 2020, Kohl’s subleased its store to At Home and remains obligated under its lease which expires in January 2031;</span></div></td></tr></table><div style="line-height:120%;text-align:justify;padding-left:48px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><span style="font-family:inherit;font-size:10pt;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The Alexander apartment tower, located above our Rego Park II shopping center, contains </span><span style="font-family:inherit;font-size:10pt;"><span>312</span></span><span style="font-family:inherit;font-size:10pt;"> units aggregating </span><span style="font-family:inherit;font-size:10pt;"><span>255,000</span></span><span style="font-family:inherit;font-size:10pt;"> square feet;</span></div></td></tr></table><div style="line-height:120%;text-align:justify;padding-left:48px;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;"> </span></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><span style="font-family:inherit;font-size:10pt;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Paramus, located at the intersection of Routes 4 and 17 in Paramus, New Jersey, consists of </span><span style="font-family:inherit;font-size:10pt;"><span>30.3</span></span><span style="font-family:inherit;font-size:10pt;"> acres of land that is leased to IKEA; and</span></div></td></tr></table><div style="line-height:120%;text-align:justify;padding-left:48px;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;"><br/></span></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><span style="font-family:inherit;font-size:10pt;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Flushing, a </span><span style="font-family:inherit;font-size:10pt;"><span>167,000</span></span><span style="font-family:inherit;font-size:10pt;"> square foot building, located on Roosevelt Avenue and Main Street in Queens, that is sub-leased to New World Mall LLC for the remainder of our ground lease term.</span></div></td></tr></table><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;text-decoration:underline;">Property to be developed</span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><span style="font-family:inherit;font-size:10pt;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Rego Park III, a </span><span style="font-family:inherit;font-size:10pt;"><span>140,000</span></span><span style="font-family:inherit;font-size:10pt;"> square foot land parcel adjacent to the Rego Park II shopping center in Queens, at the intersection of Junction Boulevard and the Horace Harding Service Road.</span></div></td></tr></table><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">We have determined that our properties have similar economic characteristics and meet the criteria that permit the properties to be aggregated into </span><span style="font-family:inherit;font-size:10pt;"><span>one</span></span><span style="font-family:inherit;font-size:10pt;"> reportable segment (the leasing, management, development and redeveloping of properties in the greater New York City metropolitan area).  Our chief operating decision-maker assesses and measures segment operating results based on a performance measure referred to as net operating income at the individual operating segment.  Net operating income for each property represents net rental revenues less operating expenses.</span></div> 7 1323000 920000 155000 248000 105 83000 34000 343000 195000 10300000 113000 50000 46000 36000 609000 145000 135000 133000 312 255000 30.3 167000 140000 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES<div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Basis of Presentation</span><span style="font-family:inherit;font-size:10pt;"> – The accompanying consolidated financial statements include our accounts and those of our consolidated subsidiaries.  All intercompany amounts have been eliminated.  Our financial statements are prepared in conformity with accounting principles generally accepted in the United States of America (“GAAP”), which requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods.  Actual results could differ from those estimates.  Certain prior year balances have been reclassified in order to conform to the current year presentation.</span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> </span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Subsequent to the issuance of our consolidated financial statements for the year ended December 31, 2018, we determined that the </span><span style="font-family:inherit;font-size:10pt;"><span>$195,708,000</span></span><span style="font-family:inherit;font-size:10pt;"> participation in our Rego Park II shopping center mortgage loan was incorrectly classified as an asset, presented as “Rego Park II loan participation,” instead of as a reduction to “mortgages payable, net of deferred debt issuance costs” on our consolidated balance sheet as of December 31, 2018. On December 12, 2018, we refinanced this mortgage loan and the interest rate on the existing loan participation was adjusted to equal the interest rate on the refinanced loan. Consequently, we should have considered </span><span style="font-family:inherit;font-size:10pt;"><span>$195,708,000</span></span><span style="font-family:inherit;font-size:10pt;"> of the Rego Park II shopping center mortgage loan liability extinguished as the participation interest is considered the reacquisition of our debt. Accordingly, our consolidated balance sheet for the year ended December 31, 2018 has been restated to reclassify </span><span style="font-family:inherit;font-size:10pt;"><span>$195,708,000</span></span><span style="font-family:inherit;font-size:10pt;"> from “Rego Park II loan participation” to “mortgages payable, net of deferred debt issuance costs.” This reclassification had no material impact to our consolidated statements of income, comprehensive income, changes in equity or statement of cash flows for the year ended December 31, 2018.</span></div><div style="line-height:120%;text-align:justify;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> </span></div><div style="line-height:120%;text-align:justify;padding-left:2px;text-indent:32px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Certain prior year balances have been reclassified in order to conform to the current period presentation. For the years ended December 31, 2018 and 2017, “property rentals” of </span><span style="font-family:inherit;font-size:10pt;"><span>$152,795,000</span></span><span style="font-family:inherit;font-size:10pt;"> and </span><span style="font-family:inherit;font-size:10pt;"><span>$152,857,000</span></span><span style="font-family:inherit;font-size:10pt;">, respectively, and “expense reimbursements” of </span><span style="font-family:inherit;font-size:10pt;"><span>$80,030,000</span></span><span style="font-family:inherit;font-size:10pt;"> and </span><span style="font-family:inherit;font-size:10pt;"><span>$77,717,000</span></span><span style="font-family:inherit;font-size:10pt;">, respectively, were grouped into “rental revenues” on our consolidated statements of income in accordance with Accounting Standards Codification (“ASC”) Topic 205 </span><span style="font-family:inherit;font-size:10pt;font-style:italic;">Presentation of Financial</span><span style="font-family:inherit;font-size:10pt;"> </span><span style="font-family:inherit;font-size:10pt;font-style:italic;">Statements.</span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> </span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Recently Issued Accounting Literature</span><span style="font-family:inherit;font-size:10pt;"> – In February 2016, the Financial Accounting Standards Board (“FASB”) issued an update (“ASU 2016-02”) establishing ASC Topic 842, </span><span style="font-family:inherit;font-size:10pt;font-style:italic;">Leases</span><span style="font-family:inherit;font-size:10pt;"> (“ASC 842”), as amended by subsequent ASUs on the topic, which sets out the principles for the recognition, measurement, presentation and disclosure of leases for both lessees and lessors. ASU 2016-02 requires lessees to apply a two- method approach, classifying leases as either finance or operating leases based on the principle of whether or not the lease is effectively a financed purchase. Lessees are required to record a right-of-use asset and a lease liability for all leases with a term of greater than 12 months. Lease liabilities equal the present value of future lease payments. Right-of-use assets equal the lease liabilities adjusted for accrued rent expense, initial direct costs, lease incentives and prepaid lease payments. Leases with a term of 12 months or less will be accounted for similar to the previously existing guidance for operating leases. Lessees will recognize expense based on the effective interest method for finance leases or on a straight-line basis for operating leases. The accounting applied by the lessor is largely unchanged from that applied under ASC Topic 840, </span><span style="font-family:inherit;font-size:10pt;font-style:italic;">Leases</span><span style="font-family:inherit;font-size:10pt;"> (“ASC 840”). We adopted this standard effective January 1, 2019 using the modified retrospective approach. In transitioning to ASC 842, we elected to use the practical expedient package available to us and did not elect to use hindsight. These elections have been applied consistently to all of our leases. On January 1, 2019, for our Flushing property ground lease, which is classified as an operating lease, we recorded a right- of-use asset of </span><span style="font-family:inherit;font-size:10pt;"><span>$5,058,000</span></span><span style="font-family:inherit;font-size:10pt;"> (included in “other assets”) and a lease liability of </span><span style="font-family:inherit;font-size:10pt;"><span>$5,428,000</span></span><span style="font-family:inherit;font-size:10pt;"> (included in “other liabilities”) (see Note 9 - </span><span style="font-family:inherit;font-size:10pt;font-style:italic;">Leases</span><span style="font-family:inherit;font-size:10pt;">). </span></div><div style="line-height:120%;text-align:justify;text-indent:30px;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> </span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">In June 2016, the FASB issued an update (“ASU 2016-13”) </span><span style="font-family:inherit;font-size:10pt;font-style:italic;">Measurement of Credit Losses on Financial Instruments</span><span style="font-family:inherit;font-size:10pt;"> establishing ASC Topic 326, </span><span style="font-family:inherit;font-size:10pt;font-style:italic;">Financial Instruments - Credit Losses</span><span style="font-family:inherit;font-size:10pt;">, as amended by subsequent ASUs on the topic. ASU 2016-13 changes how entities will account for credit losses for most financial assets and certain other instruments that are not measured at fair value through net income. The guidance replaces the current “incurred loss” model with an “expected loss” model that requires consideration of a broader range of information to estimate expected credit losses over the lifetime of the financial asset. ASU 2016-13 is effective for interim and annual reporting periods in fiscal years beginning after December 15, 2019. We are currently evaluating the impact of the adoption of ASU 2016-13 on our consolidated financial statements, but do not believe the adoption of this standard will have a material impact on our consolidated financial statements.</span></div><div style="line-height:120%;text-align:justify;text-indent:30px;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><br/></span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">In August 2018, the FASB issued an update (“ASU 2018-13”) </span><span style="font-family:inherit;font-size:10pt;font-style:italic;">Disclosure Framework - Changes to the Disclosure Requirements for Fair Value Measurement</span><span style="font-family:inherit;font-size:10pt;"> to ASC Topic 820, </span><span style="font-family:inherit;font-size:10pt;font-style:italic;">Fair Value Measurement</span><span style="font-family:inherit;font-size:10pt;"> (“ASC 820”). ASU 2018-13 modifies the disclosure requirements for fair value measurements by removing, modifying, and/or adding certain disclosures. ASU 2018-13 is effective for interim and annual reporting periods in fiscal years beginning after December 15, 2019. We elected to early adopt ASU 2018-13 effective January 1, 2019. The adoption of this update did not have a material impact on our consolidated financial statements and disclosures.</span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> </span></div><div style="line-height:120%;text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span><span style="font-family:inherit;font-size:10pt;font-weight:bold;">ALEXANDER’S, INC. AND SUBSIDIARIES</span></div><div style="line-height:120%;text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)</span></div><div style="line-height:120%;text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">2.    SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - continued</span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">In October 2018, the FASB issued an update (“ASU 2018-16”) </span><span style="font-family:inherit;font-size:10pt;font-style:italic;">Inclusion of the Secured Overnight Financing Rate (SOFR) Overnight Index Swap (OIS) Rate as a Benchmark Interest Rate for Hedge Accounting Purposes </span><span style="font-family:inherit;font-size:10pt;">to ASC 815. ASU 2018-16 expands the list of U.S. benchmark interest rates permitted in the application of hedge accounting by adding the OIS rate based on SOFR as an eligible benchmark interest rate. ASU 2018-16 is effective for interim and annual reporting periods in fiscal years beginning after December 15, 2018, with early adoption permitted. We adopted this update effective January 1, 2019. The adoption of this update did not have a material impact on our consolidated financial statements.</span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> </span></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:7pt;"> </span><span style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Real Estate</span><span style="font-family:inherit;font-size:10pt;"> – Real estate is carried at cost, net of accumulated depreciation and amortization.  As of </span><span style="font-family:inherit;font-size:10pt;">December 31, 2019</span><span style="font-family:inherit;font-size:10pt;"> and </span><span style="font-family:inherit;font-size:10pt;">2018</span><span style="font-family:inherit;font-size:10pt;">, the carrying amount of our real estate, net of accumulated depreciation and amortization, was </span><span style="font-family:inherit;font-size:10pt;"><span>$716,843,000</span></span><span style="font-family:inherit;font-size:10pt;"> and </span><span style="font-family:inherit;font-size:10pt;"><span>$730,270,000</span></span><span style="font-family:inherit;font-size:10pt;">, respectively.  Maintenance and repairs are expensed as incurred.  Depreciation requires an estimate by management of the useful life of each property and improvement as well as an allocation of the costs associated with a property to its various components. We capitalize all property operating expenses directly associated with and attributable to, the development and construction of a project, including interest expense. The capitalization period begins when development activities are underway and ends when it is determined that the asset is substantially complete and ready for its intended use, which is typically evidenced by the receipt of a temporary certificate of occupancy. General and administrative costs are expensed as incurred.</span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:7pt;"><span style="font-family:inherit;font-size:5pt;"> </span><span style="font-family:inherit;font-size:7pt;"> </span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Our properties, including properties to be developed in the future, are individually reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of the assets may not be recoverable.  An impairment exists when the carrying amount of an asset exceeds the sum of the undiscounted cash flows expected to result from the use and eventual disposition of the asset, including an estimated terminal value calculated using an appropriate capitalization rate.  Estimates of future cash flows are based on our current plans, intended holding periods and available market information at the time the analyses are prepared.  For our development properties, estimates of future cash flows also include all future expenditures necessary to develop the asset, including interest payments that will be capitalized as part of the cost of the asset.  An impairment loss is recognized only if the carrying amount of the asset is not recoverable and is measured based on the excess of the property’s carrying amount over its estimated fair value.  If our estimates of future cash flows, anticipated holding periods, or fair values change, based on market conditions or otherwise, our evaluation of impairment charges may be different and such differences could be material to our consolidated financial statements.  Estimates of future cash flows are subjective and are based, in part, on assumptions regarding future occupancy, rental rates and capital requirements that could differ materially from actual results.  Plans to hold properties over longer periods decrease the likelihood of recording impairment losses.</span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> </span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Cash and Cash Equivalents</span><span style="font-family:inherit;font-size:10pt;"> – Cash and cash equivalents consist of highly liquid investments with original maturities of </span><span style="font-family:inherit;font-size:10pt;"><span>three months</span></span><span style="font-family:inherit;font-size:10pt;"> or less and are carried at cost, which approximates fair value, due to their short-term maturities.  The majority of our cash and cash equivalents consist of (i) deposits at major commercial banks, which may at times exceed the Federal Deposit Insurance Corporation limit, (ii) United States Treasury Bills, (iii) money market funds, which invest in United States Treasury Bills and (iv) certificates of deposit placed through an account registry service (“CDARS”).  To date we have not experienced any losses on our invested cash.   </span></div><div style="line-height:120%;text-align:justify;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> </span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Restricted Cash</span><span style="font-family:inherit;font-size:10pt;"> </span><span style="font-family:inherit;font-size:10pt;font-style:italic;">–</span><span style="font-family:inherit;font-size:10pt;"> Restricted cash primarily consists of security deposits and other cash escrowed under loan agreements, including for debt service, real estate taxes, property insurance and capital improvements. </span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><br/></span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Marketable Securities</span><span style="font-family:inherit;font-size:10pt;"> – Our marketable securities consist of common shares of The Macerich Company (“Macerich”) (NYSE: MAC), which are classified as available-for-sale.  Available-for-sale securities are presented at fair value on our consolidated balance sheets.  Prior to January 1, 2018, unrealized gains and losses resulting from the mark-to-market of these securities were included in “other comprehensive income (loss).” Effective January 1, 2018, changes in the fair value of these securities are recognized in current period earnings in accordance with ASC Topic 825 (“ASC 825”), </span><span style="font-family:inherit;font-size:10pt;font-style:italic;">Financial Instruments </span><span style="font-family:inherit;font-size:10pt;">(see Note 5).</span></div><div style="line-height:120%;text-align:justify;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> </span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Deferred Charges</span><span style="font-family:inherit;font-size:10pt;"> – Direct financing costs are deferred and amortized over the terms of the related agreements as a component of interest and debt expense.  Direct costs related to leasing activities are capitalized and amortized on a straight-line basis over the lives of the related leases.  All other deferred charges are amortized on a straight-line basis, which approximates the effective interest rate method, in accordance with the terms of the agreements to which they relate.</span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> </span></div><div style="line-height:120%;text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">ALEXANDER’S, INC. AND SUBSIDIARIES</span></div><div style="line-height:120%;text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)</span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">2.    SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - continued</span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Income Taxes</span><span style="font-family:inherit;font-size:10pt;"> – We operate in a manner intended to enable us to continue to qualify as a REIT under Sections 856 – 860 of the Internal Revenue Code of 1986, as amended (the “Code”).  In order to maintain our qualification as a REIT under the Code, we must distribute at least </span><span style="font-family:inherit;font-size:10pt;"><span>90%</span></span><span style="font-family:inherit;font-size:10pt;"> of our taxable income to stockholders each year.  We distribute to our stockholders </span><span style="font-family:inherit;font-size:10pt;"><span>100%</span></span><span style="font-family:inherit;font-size:10pt;"> of our taxable income and therefore, </span><span style="font-family:inherit;font-size:10pt;">no</span><span style="font-family:inherit;font-size:10pt;"> provision for Federal income taxes is required.  Dividends distributed for the year ended </span><span style="font-family:inherit;font-size:10pt;">December 31, 2019</span><span style="font-family:inherit;font-size:10pt;"> were characterized, for federal income tax purposes, as </span><span style="font-family:inherit;font-size:10pt;"><span>99.6%</span></span><span style="font-family:inherit;font-size:10pt;"> ordinary income and </span><span style="font-family:inherit;font-size:10pt;"><span>0.4%</span></span><span style="font-family:inherit;font-size:10pt;"> long-term capital gain income. Dividends distributed for the year ended </span><span style="font-family:inherit;font-size:10pt;">December 31, 2018</span><span style="font-family:inherit;font-size:10pt;"> were characterized, for federal income tax purposes, as </span><span style="font-family:inherit;font-size:10pt;"><span>100.0%</span></span><span style="font-family:inherit;font-size:10pt;"> ordinary income. Dividends distributed for the year ended </span><span style="font-family:inherit;font-size:10pt;">December 31, 2017</span><span style="font-family:inherit;font-size:10pt;"> were categorized, for federal income tax purposes, as </span><span style="font-family:inherit;font-size:10pt;"><span>99.5%</span></span><span style="font-family:inherit;font-size:10pt;"> ordinary income and </span><span style="font-family:inherit;font-size:10pt;"><span>0.5%</span></span><span style="font-family:inherit;font-size:10pt;"> long-term capital gain income. </span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;">  </span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The following table reconciles our net income to estimated taxable income for the years ended </span><span style="font-family:inherit;font-size:10pt;">December 31, 2019</span><span style="font-family:inherit;font-size:10pt;">, </span><span style="font-family:inherit;font-size:10pt;">2018</span><span style="font-family:inherit;font-size:10pt;"> and </span><span style="font-family:inherit;font-size:10pt;">2017</span><span style="font-family:inherit;font-size:10pt;">.</span></div><div style="line-height:120%;text-align:left;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="12"/></tr><tr><td style="width:59%;"/><td style="width:1%;"/><td style="width:11%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:11%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:11%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">(Unaudited and in thousands)</span></div></td><td colspan="11" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Year Ended December 31,</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">2019</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">2018</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">2017</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Net income</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cbfffd;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>60,075</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>32,844</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>80,509</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Straight-line rent adjustments</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>2,359</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>5,870</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>4,250</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Depreciation and amortization timing differences</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>2,751</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>(6,586</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">)</span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>3,084</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Change in fair value of marketable securities (see Note 5)</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>8,757</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>11,990</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Loss from discontinued operations (see Note 6)</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>23,797</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Other</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>137</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>440</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>(343</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">)</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Estimated taxable income</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cbfffd;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cbfffd;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>74,079</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cbfffd;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cbfffd;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cbfffd;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>68,355</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cbfffd;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cbfffd;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cbfffd;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>87,500</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cbfffd;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div><span style="font-family:inherit;font-size:10pt;">As of </span><span style="font-family:inherit;font-size:10pt;">December 31, 2019</span><span style="font-family:inherit;font-size:10pt;">, the net basis of our assets and liabilities for tax purposes is approximately </span><span style="font-family:inherit;font-size:10pt;"><span>$171,331,000</span></span><span style="font-family:inherit;font-size:10pt;"> lower than the amount reported for financial statement purposes.</span> The accompanying consolidated financial statements include our accounts and those of our consolidated subsidiaries.  All intercompany amounts have been eliminated.  Our financial statements are prepared in conformity with accounting principles generally accepted in the United States of America (“GAAP”), which requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods.  Actual results could differ from those estimates.  Certain prior year balances have been reclassified in order to conform to the current year presentation. 195708000 195708000 -195708000 -152795000 -152857000 -80030000 -77717000 In February 2016, the Financial Accounting Standards Board (“FASB”) issued an update (“ASU 2016-02”) establishing ASC Topic 842, <span style="font-family:inherit;font-size:10pt;font-style:italic;">Leases</span><span style="font-family:inherit;font-size:10pt;"> (“ASC 842”), as amended by subsequent ASUs on the topic, which sets out the principles for the recognition, measurement, presentation and disclosure of leases for both lessees and lessors. ASU 2016-02 requires lessees to apply a two- method approach, classifying leases as either finance or operating leases based on the principle of whether or not the lease is effectively a financed purchase. Lessees are required to record a right-of-use asset and a lease liability for all leases with a term of greater than 12 months. Lease liabilities equal the present value of future lease payments. Right-of-use assets equal the lease liabilities adjusted for accrued rent expense, initial direct costs, lease incentives and prepaid lease payments. Leases with a term of 12 months or less will be accounted for similar to the previously existing guidance for operating leases. Lessees will recognize expense based on the effective interest method for finance leases or on a straight-line basis for operating leases. The accounting applied by the lessor is largely unchanged from that applied under ASC Topic 840, </span><span style="font-family:inherit;font-size:10pt;font-style:italic;">Leases</span><span style="font-family:inherit;font-size:10pt;"> (“ASC 840”). We adopted this standard effective January 1, 2019 using the modified retrospective approach. In transitioning to ASC 842, we elected to use the practical expedient package available to us and did not elect to use hindsight. These elections have been applied consistently to all of our leases. On January 1, 2019, for our Flushing property ground lease, which is classified as an operating lease, we recorded a right- of-use asset of </span><span style="font-family:inherit;font-size:10pt;"><span>$5,058,000</span></span><span style="font-family:inherit;font-size:10pt;"> (included in “other assets”) and a lease liability of </span><span style="font-family:inherit;font-size:10pt;"><span>$5,428,000</span></span><span style="font-family:inherit;font-size:10pt;"> (included in “other liabilities”) (see Note 9 - </span><span style="font-family:inherit;font-size:10pt;font-style:italic;">Leases</span><span style="font-family:inherit;font-size:10pt;">). </span><div style="line-height:120%;text-align:justify;text-indent:30px;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> </span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">In June 2016, the FASB issued an update (“ASU 2016-13”) </span><span style="font-family:inherit;font-size:10pt;font-style:italic;">Measurement of Credit Losses on Financial Instruments</span><span style="font-family:inherit;font-size:10pt;"> establishing ASC Topic 326, </span><span style="font-family:inherit;font-size:10pt;font-style:italic;">Financial Instruments - Credit Losses</span><span style="font-family:inherit;font-size:10pt;">, as amended by subsequent ASUs on the topic. ASU 2016-13 changes how entities will account for credit losses for most financial assets and certain other instruments that are not measured at fair value through net income. The guidance replaces the current “incurred loss” model with an “expected loss” model that requires consideration of a broader range of information to estimate expected credit losses over the lifetime of the financial asset. ASU 2016-13 is effective for interim and annual reporting periods in fiscal years beginning after December 15, 2019. We are currently evaluating the impact of the adoption of ASU 2016-13 on our consolidated financial statements, but do not believe the adoption of this standard will have a material impact on our consolidated financial statements.</span></div><div style="line-height:120%;text-align:justify;text-indent:30px;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><br/></span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">In August 2018, the FASB issued an update (“ASU 2018-13”) </span><span style="font-family:inherit;font-size:10pt;font-style:italic;">Disclosure Framework - Changes to the Disclosure Requirements for Fair Value Measurement</span><span style="font-family:inherit;font-size:10pt;"> to ASC Topic 820, </span><span style="font-family:inherit;font-size:10pt;font-style:italic;">Fair Value Measurement</span><span style="font-family:inherit;font-size:10pt;"> (“ASC 820”). ASU 2018-13 modifies the disclosure requirements for fair value measurements by removing, modifying, and/or adding certain disclosures. ASU 2018-13 is effective for interim and annual reporting periods in fiscal years beginning after December 15, 2019. We elected to early adopt ASU 2018-13 effective January 1, 2019. The adoption of this update did not have a material impact on our consolidated financial statements and disclosures.</span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> </span></div><div style="line-height:120%;text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span><span style="font-family:inherit;font-size:10pt;font-weight:bold;">ALEXANDER’S, INC. AND SUBSIDIARIES</span></div><div style="line-height:120%;text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)</span></div><div style="line-height:120%;text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">2.    SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - continued</span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">In October 2018, the FASB issued an update (“ASU 2018-16”) </span><span style="font-family:inherit;font-size:10pt;font-style:italic;">Inclusion of the Secured Overnight Financing Rate (SOFR) Overnight Index Swap (OIS) Rate as a Benchmark Interest Rate for Hedge Accounting Purposes </span><span style="font-family:inherit;font-size:10pt;">to ASC 815. ASU 2018-16 expands the list of U.S. benchmark interest rates permitted in the application of hedge accounting by adding the OIS rate based on SOFR as an eligible benchmark interest rate. ASU 2018-16 is effective for interim and annual reporting periods in fiscal years beginning after December 15, 2018, with early adoption permitted. We adopted this update effective January 1, 2019. The adoption of this update did not have a material impact on our consolidated financial statements.</span></div> 5058000 5428000 Real estate is carried at cost, net of accumulated depreciation and amortization.  As of <span style="font-family:inherit;font-size:10pt;">December 31, 2019</span><span style="font-family:inherit;font-size:10pt;"> and </span><span style="font-family:inherit;font-size:10pt;">2018</span><span style="font-family:inherit;font-size:10pt;">, the carrying amount of our real estate, net of accumulated depreciation and amortization, was </span><span style="font-family:inherit;font-size:10pt;"><span>$716,843,000</span></span><span style="font-family:inherit;font-size:10pt;"> and </span><span style="font-family:inherit;font-size:10pt;"><span>$730,270,000</span></span><span style="font-family:inherit;font-size:10pt;">, respectively.  Maintenance and repairs are expensed as incurred.  Depreciation requires an estimate by management of the useful life of each property and improvement as well as an allocation of the costs associated with a property to its various components. We capitalize all property operating expenses directly associated with and attributable to, the development and construction of a project, including interest expense. The capitalization period begins when development activities are underway and ends when it is determined that the asset is substantially complete and ready for its intended use, which is typically evidenced by the receipt of a temporary certificate of occupancy. General and administrative costs are expensed as incurred.</span><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:7pt;"><span style="font-family:inherit;font-size:5pt;"> </span><span style="font-family:inherit;font-size:7pt;"> </span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Our properties, including properties to be developed in the future, are individually reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of the assets may not be recoverable.  An impairment exists when the carrying amount of an asset exceeds the sum of the undiscounted cash flows expected to result from the use and eventual disposition of the asset, including an estimated terminal value calculated using an appropriate capitalization rate.  Estimates of future cash flows are based on our current plans, intended holding periods and available market information at the time the analyses are prepared.  For our development properties, estimates of future cash flows also include all future expenditures necessary to develop the asset, including interest payments that will be capitalized as part of the cost of the asset.  An impairment loss is recognized only if the carrying amount of the asset is not recoverable and is measured based on the excess of the property’s carrying amount over its estimated fair value.  If our estimates of future cash flows, anticipated holding periods, or fair values change, based on market conditions or otherwise, our evaluation of impairment charges may be different and such differences could be material to our consolidated financial statements.  Estimates of future cash flows are subjective and are based, in part, on assumptions regarding future occupancy, rental rates and capital requirements that could differ materially from actual results.  Plans to hold properties over longer periods decrease the likelihood of recording impairment losses.</span></div> 716843000 730270000 Cash and cash equivalents consist of highly liquid investments with original maturities of <span style="font-family:inherit;font-size:10pt;"><span>three months</span></span> or less and are carried at cost, which approximates fair value, due to their short-term maturities.  The majority of our cash and cash equivalents consist of (i) deposits at major commercial banks, which may at times exceed the Federal Deposit Insurance Corporation limit, (ii) United States Treasury Bills, (iii) money market funds, which invest in United States Treasury Bills and (iv) certificates of deposit placed through an account registry service (“CDARS”).  To date we have not experienced any losses on our invested cash. P3M Restricted cash primarily consists of security deposits and other cash escrowed under loan agreements, including for debt service, real estate taxes, property insurance and capital improvements. Our marketable securities consist of common shares of The Macerich Company (“Macerich”) (NYSE: MAC), which are classified as available-for-sale.  Available-for-sale securities are presented at fair value on our consolidated balance sheets.  Prior to January 1, 2018, unrealized gains and losses resulting from the mark-to-market of these securities were included in “other comprehensive income (loss).” Effective January 1, 2018, changes in the fair value of these securities are recognized in current period earnings in accordance with ASC Topic 825 (“ASC 825”), Financial Instruments Direct financing costs are deferred and amortized over the terms of the related agreements as a component of interest and debt expense.  Direct costs related to leasing activities are capitalized and amortized on a straight-line basis over the lives of the related leases.  All other deferred charges are amortized on a straight-line basis, which approximates the effective interest rate method, in accordance with the terms of the agreements to which they relate. We operate in a manner intended to enable us to continue to qualify as a REIT under Sections 856 – 860 of the Internal Revenue Code of 1986, as amended (the “Code”).  In order to maintain our qualification as a REIT under the Code, we must distribute at least <span style="font-family:inherit;font-size:10pt;"><span>90%</span></span><span style="font-family:inherit;font-size:10pt;"> of our taxable income to stockholders each year.  We distribute to our stockholders </span><span style="font-family:inherit;font-size:10pt;"><span>100%</span></span><span style="font-family:inherit;font-size:10pt;"> of our taxable income and therefore, </span><span style="font-family:inherit;font-size:10pt;">no</span><span style="font-family:inherit;font-size:10pt;"> provision for Federal income taxes is required.  Dividends distributed for the year ended </span><span style="font-family:inherit;font-size:10pt;">December 31, 2019</span><span style="font-family:inherit;font-size:10pt;"> were characterized, for federal income tax purposes, as </span><span style="font-family:inherit;font-size:10pt;"><span>99.6%</span></span><span style="font-family:inherit;font-size:10pt;"> ordinary income and </span><span style="font-family:inherit;font-size:10pt;"><span>0.4%</span></span><span style="font-family:inherit;font-size:10pt;"> long-term capital gain income. Dividends distributed for the year ended </span><span style="font-family:inherit;font-size:10pt;">December 31, 2018</span><span style="font-family:inherit;font-size:10pt;"> were characterized, for federal income tax purposes, as </span><span style="font-family:inherit;font-size:10pt;"><span>100.0%</span></span><span style="font-family:inherit;font-size:10pt;"> ordinary income. Dividends distributed for the year ended </span><span style="font-family:inherit;font-size:10pt;">December 31, 2017</span><span style="font-family:inherit;font-size:10pt;"> were categorized, for federal income tax purposes, as </span><span style="font-family:inherit;font-size:10pt;"><span>99.5%</span></span><span style="font-family:inherit;font-size:10pt;"> ordinary income and </span><span style="font-family:inherit;font-size:10pt;"><span>0.5%</span></span><span style="font-family:inherit;font-size:10pt;"> long-term capital gain income. </span> 0.90 1 0.996 0.004 1.000 0.995 0.005 <div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The following table reconciles our net income to estimated taxable income for the years ended </span><span style="font-family:inherit;font-size:10pt;">December 31, 2019</span><span style="font-family:inherit;font-size:10pt;">, </span><span style="font-family:inherit;font-size:10pt;">2018</span><span style="font-family:inherit;font-size:10pt;"> and </span><span style="font-family:inherit;font-size:10pt;">2017</span><span style="font-family:inherit;font-size:10pt;">.</span></div><div style="line-height:120%;text-align:left;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="12"/></tr><tr><td style="width:59%;"/><td style="width:1%;"/><td style="width:11%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:11%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:11%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">(Unaudited and in thousands)</span></div></td><td colspan="11" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Year Ended December 31,</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">2019</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">2018</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">2017</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Net income</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cbfffd;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>60,075</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>32,844</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>80,509</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Straight-line rent adjustments</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>2,359</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>5,870</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>4,250</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Depreciation and amortization timing differences</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>2,751</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>(6,586</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">)</span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>3,084</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Change in fair value of marketable securities (see Note 5)</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>8,757</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>11,990</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Loss from discontinued operations (see Note 6)</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>23,797</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Other</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>137</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>440</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>(343</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">)</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Estimated taxable income</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cbfffd;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cbfffd;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>74,079</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cbfffd;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cbfffd;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cbfffd;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>68,355</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cbfffd;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cbfffd;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cbfffd;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>87,500</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cbfffd;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:inherit;font-size:10pt;"><br/></span></div> 60075000 32844000 80509000 -2359000 -5870000 -4250000 -2751000 6586000 -3084000 -8757000 -11990000 0 0 -23797000 0 -137000 -440000 343000 74079000 68355000 87500000 171331000 REVENUE RECOGNITION<div style="line-height:120%;text-align:justify;padding-left:2px;text-indent:30px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Our rental revenues include revenues from the leasing of space to tenants at our properties and revenues from parking and tenant services. We have the following revenue recognition policies:</span></div><table cellpadding="0" cellspacing="0" style="padding-top:12px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:42px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><span style="font-family:inherit;font-size:10pt;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Lease revenues from the leasing of space to tenants at our properties. Revenues derived from base rent are recognized over the non-cancelable term of the related leases on a straight-line basis which includes the effects of rent steps and rent abatements. We commence rental revenue recognition when the underlying asset is available for use by the lessee. In addition, in circumstances where we provide a tenant improvement allowance for improvements that are owned by the tenant, we recognize the allowance as a reduction of rental revenue on a straight-line basis over the term of the lease. Revenues derived from the reimbursement of real estate taxes, insurance expenses and common area maintenance expenses are generally recognized in the same period as the related expenses are incurred. As lessor, we have elected to combine the lease components (base and variable rent), non-lease components (reimbursements of common area maintenance expenses) and reimbursement of real estate taxes and insurance expenses from our operating lease agreements and account for the components as a single lease component in accordance with ASC 842.</span></div></td></tr></table><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:justify;padding-left:42px;text-indent:-18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">• Parking revenue arising from the rental of parking spaces at our properties. This income is recognized as the services are transferred in accordance with ASC Topic 606, </span><span style="font-family:inherit;font-size:10pt;font-style:italic;">Revenue from Contracts with Customers</span><span style="font-family:inherit;font-size:10pt;"> (“ASC 606”).</span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:42px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><span style="font-family:inherit;font-size:10pt;">• </span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Tenant services is revenue arising from sub-metered electric, elevator and other services provided to tenants at their request. This revenue is recognized as the services are transferred in accordance with ASC 606.</span></div></td></tr></table><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:32px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The following is a summary of revenue sources for the years ended December 31, 2019, 2018 and 2017.</span></div><div style="line-height:120%;padding-bottom:16px;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="13"/></tr><tr><td style="width:61%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="11" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">For the Year Ended December 31,</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">(Amounts in thousands)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">2019</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">2018</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">2017</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Lease revenues</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>217,251</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>223,388</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>220,764</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Parking revenue</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>5,608</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>5,680</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>5,850</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Tenant services</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>3,491</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>3,757</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>3,960</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Rental revenues</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>226,350</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>232,825</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>230,574</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:justify;text-indent:30px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The components of lease revenues for the year ended December 31, 2019 are as follows:</span></div><div style="line-height:120%;padding-bottom:16px;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="5"/></tr><tr><td style="width:76%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:21%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">(Amounts in thousands)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">For the Year Ended December 31, 2019</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Fixed lease revenues</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>142,679</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Variable lease revenues</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>74,572</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Lease revenues</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>217,251</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:inherit;font-size:10pt;"><br/></span></div> <div style="line-height:120%;text-align:justify;padding-left:2px;text-indent:30px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Our rental revenues include revenues from the leasing of space to tenants at our properties and revenues from parking and tenant services. We have the following revenue recognition policies:</span></div><table cellpadding="0" cellspacing="0" style="padding-top:12px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:42px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><span style="font-family:inherit;font-size:10pt;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Lease revenues from the leasing of space to tenants at our properties. Revenues derived from base rent are recognized over the non-cancelable term of the related leases on a straight-line basis which includes the effects of rent steps and rent abatements. We commence rental revenue recognition when the underlying asset is available for use by the lessee. In addition, in circumstances where we provide a tenant improvement allowance for improvements that are owned by the tenant, we recognize the allowance as a reduction of rental revenue on a straight-line basis over the term of the lease. Revenues derived from the reimbursement of real estate taxes, insurance expenses and common area maintenance expenses are generally recognized in the same period as the related expenses are incurred. As lessor, we have elected to combine the lease components (base and variable rent), non-lease components (reimbursements of common area maintenance expenses) and reimbursement of real estate taxes and insurance expenses from our operating lease agreements and account for the components as a single lease component in accordance with ASC 842.</span></div></td></tr></table><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:justify;padding-left:42px;text-indent:-18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">• Parking revenue arising from the rental of parking spaces at our properties. This income is recognized as the services are transferred in accordance with ASC Topic 606, </span><span style="font-family:inherit;font-size:10pt;font-style:italic;">Revenue from Contracts with Customers</span><span style="font-family:inherit;font-size:10pt;"> (“ASC 606”).</span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:42px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><span style="font-family:inherit;font-size:10pt;">• </span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Tenant services is revenue arising from sub-metered electric, elevator and other services provided to tenants at their request. This revenue is recognized as the services are transferred in accordance with ASC 606.</span></div></td></tr></table> <div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:32px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The following is a summary of revenue sources for the years ended December 31, 2019, 2018 and 2017.</span></div><div style="line-height:120%;padding-bottom:16px;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="13"/></tr><tr><td style="width:61%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="11" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">For the Year Ended December 31,</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">(Amounts in thousands)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">2019</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">2018</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">2017</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Lease revenues</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>217,251</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>223,388</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>220,764</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Parking revenue</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>5,608</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>5,680</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>5,850</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Tenant services</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>3,491</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>3,757</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>3,960</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Rental revenues</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>226,350</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>232,825</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>230,574</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:inherit;font-size:10pt;"><br/></span></div> 217251000 223388000 220764000 5608000 5680000 5850000 3491000 3757000 3960000 226350000 232825000 230574000 <div style="line-height:120%;text-align:justify;text-indent:30px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The components of lease revenues for the year ended December 31, 2019 are as follows:</span></div><div style="line-height:120%;padding-bottom:16px;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="5"/></tr><tr><td style="width:76%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:21%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">(Amounts in thousands)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">For the Year Ended December 31, 2019</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Fixed lease revenues</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>142,679</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Variable lease revenues</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>74,572</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Lease revenues</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>217,251</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:inherit;font-size:10pt;"><br/></span></div> 142679000 74572000 217251000 RELATED PARTY TRANSACTIONS<div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;">Vornado</span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">As of </span><span style="font-family:inherit;font-size:10pt;">December 31, 2019</span><span style="font-family:inherit;font-size:10pt;">, Vornado owned </span><span style="font-family:inherit;font-size:10pt;"><span>32.4%</span></span><span style="font-family:inherit;font-size:10pt;"> of our outstanding common stock.  We are managed by, and our properties are leased and developed by, Vornado, pursuant to the agreements described below, which expire in March of each year and are automatically renewable.</span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Steven Roth is the Chairman of our Board of Directors and Chief Executive Officer, the Managing General Partner of Interstate Properties (“Interstate”), a New Jersey general partnership, and the Chairman of the Board of Trustees and Chief Executive Officer of Vornado.  As of </span><span style="font-family:inherit;font-size:10pt;">December 31, 2019</span><span style="font-family:inherit;font-size:10pt;">, Mr. Roth, Interstate and its other two general partners, David Mandelbaum and Russell B. Wight, Jr. (who are also directors of the Company and trustees of Vornado) owned, in the aggregate, </span><span style="font-family:inherit;font-size:10pt;"><span>26.1%</span></span><span style="font-family:inherit;font-size:10pt;"> of our outstanding common stock, in addition to the </span><span style="font-family:inherit;font-size:10pt;"><span>2.3%</span></span><span style="font-family:inherit;font-size:10pt;"> they indirectly own through Vornado. Joseph Macnow, our Treasurer, is the Executive Vice President - Chief Financial Officer and Chief Administrative Officer of Vornado. Matthew Iocco, our Chief Financial Officer, is the Executive Vice President - Chief Accounting Officer of Vornado.  </span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;text-decoration:underline;">Management and Development Agreements</span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">We pay Vornado an annual management fee equal to the sum of (i) </span><span style="font-family:inherit;font-size:10pt;"><span>$2,800,000</span></span><span style="font-family:inherit;font-size:10pt;">, (ii) </span><span style="font-family:inherit;font-size:10pt;"><span>2%</span></span><span style="font-family:inherit;font-size:10pt;"> of gross revenue from the Rego Park II shopping center, (iii) </span><span style="font-family:inherit;font-size:10pt;"><span>$0.50</span></span><span style="font-family:inherit;font-size:10pt;"> per square foot of the tenant-occupied office and retail space at </span><span style="font-family:inherit;font-size:10pt;">731</span><span style="font-family:inherit;font-size:10pt;"> Lexington Avenue, and (iv) </span><span style="font-family:inherit;font-size:10pt;"><span>$324,000</span></span><span style="font-family:inherit;font-size:10pt;">, escalating at </span><span style="font-family:inherit;font-size:10pt;"><span>3%</span></span><span style="font-family:inherit;font-size:10pt;"> per annum, for managing the common area of </span><span style="font-family:inherit;font-size:10pt;">731</span><span style="font-family:inherit;font-size:10pt;"> Lexington Avenue.  Vornado is also entitled to a development fee equal to </span><span style="font-family:inherit;font-size:10pt;"><span>6%</span></span><span style="font-family:inherit;font-size:10pt;"> of development costs, as defined.</span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;text-decoration:underline;">Leasing and Other Agreements</span><span style="font-family:inherit;font-size:10pt;"> </span><span style="font-family:inherit;font-size:10pt;font-style:italic;"> </span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Vornado also provides us with leasing services for a fee of </span><span style="font-family:inherit;font-size:10pt;"><span>3%</span></span><span style="font-family:inherit;font-size:10pt;"> of rent for the first ten years of a lease term, </span><span style="font-family:inherit;font-size:10pt;"><span>2%</span></span><span style="font-family:inherit;font-size:10pt;"> of rent for the eleventh through the twentieth year of a lease term, and </span><span style="font-family:inherit;font-size:10pt;"><span>1%</span></span><span style="font-family:inherit;font-size:10pt;"> of rent for the twenty-first through thirtieth year of a lease term, subject to the payment of rents by tenants.  In the event third-party real estate brokers are used, the fees to Vornado increase by </span><span style="font-family:inherit;font-size:10pt;"><span>1%</span></span><span style="font-family:inherit;font-size:10pt;"> and Vornado is responsible for the fees to the third-party real estate brokers.  </span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Vornado is also entitled to a commission upon the sale of any of our assets equal to </span><span style="font-family:inherit;font-size:10pt;"><span>3%</span></span><span style="font-family:inherit;font-size:10pt;"> of gross proceeds, as defined, for asset sales less than </span><span style="font-family:inherit;font-size:10pt;"><span>$50,000,000</span></span><span style="font-family:inherit;font-size:10pt;"> and </span><span style="font-family:inherit;font-size:10pt;"><span>1%</span></span><span style="font-family:inherit;font-size:10pt;"> of gross proceeds, as defined, for asset sales of </span><span style="font-family:inherit;font-size:10pt;"><span>$50,000,000</span></span><span style="font-family:inherit;font-size:10pt;"> or more.  </span></div><div style="line-height:120%;text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">We also have agreements with Building Maintenance Services, a wholly owned subsidiary of Vornado, to supervise (i) cleaning, engineering and security services at our Lexington Avenue property and (ii) security services at our Rego Park I and Rego Park II properties and The Alexander apartment tower.</span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The following is a summary of fees to Vornado under the various agreements discussed above.</span></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="12"/></tr><tr><td style="width:59%;"/><td style="width:1%;"/><td style="width:11%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:11%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:11%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td colspan="11" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Year Ended December 31,</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">(Amounts in thousands)</span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">2019</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">2018</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">2017</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Company management fees</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cbfffd;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>2,800</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cbfffd;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>2,800</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>2,800</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Development fees</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>29</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>125</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>29</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Leasing fees</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>4,786</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>13</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>1,829</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Property management, cleaning, engineering</span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">and security fees</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>5,015</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>4,101</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>4,114</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>12,630</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>7,039</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>8,772</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">As of </span><span style="font-family:inherit;font-size:10pt;">December 31, 2019</span><span style="font-family:inherit;font-size:10pt;">, the amounts due to Vornado were </span><span style="font-family:inherit;font-size:10pt;"><span>$795,000</span></span><span style="font-family:inherit;font-size:10pt;"> for management, property management, cleaning, engineering and security fees; </span><span style="font-family:inherit;font-size:10pt;"><span>$563,000</span></span><span style="font-family:inherit;font-size:10pt;"> for leasing fees; and </span><span style="font-family:inherit;font-size:10pt;"><span>$68,000</span></span><span style="font-family:inherit;font-size:10pt;"> for development fees. As of </span><span style="font-family:inherit;font-size:10pt;">December 31, 2018</span><span style="font-family:inherit;font-size:10pt;">, the amounts due to Vornado were </span><span style="font-family:inherit;font-size:10pt;"><span>$549,000</span></span><span style="font-family:inherit;font-size:10pt;"> for management, property management, cleaning, engineering and security fees; </span><span style="font-family:inherit;font-size:10pt;"><span>$146,000</span></span><span style="font-family:inherit;font-size:10pt;"> for development fees; and </span><span style="font-family:inherit;font-size:10pt;"><span>$13,000</span></span><span style="font-family:inherit;font-size:10pt;"> for leasing fees.</span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div><div style="line-height:120%;text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">ALEXANDER’S, INC. AND SUBSIDIARIES</span></div><div style="line-height:120%;text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)</span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span><span style="font-family:inherit;font-size:10pt;font-weight:bold;">4.    RELATED PARTY TRANSACTIONS - continued</span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;">Toys “R” Us, Inc. (“Toys”)</span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;">  </span></div><span style="font-family:inherit;font-size:10pt;">Our affiliate, Vornado, owned </span><span style="font-family:inherit;font-size:10pt;"><span>32.5%</span></span><span style="font-family:inherit;font-size:10pt;"> of Toys as of December 31, 2018. On February 1, 2019, in connection with the Toys Chapter 11 bankruptcy, the plan of reorganization for Toys was declared effective and Vornado’s ownership in Toys was canceled and Toys’ Board of Directors was dissolved. Joseph Macnow, Vornado’s Executive Vice President and Chief Financial Officer and Wendy A. Silverstein, a member of our Board of Directors, represented Vornado as members of Toys’ Board of Directors. Also in connection with the Toys Chapter 11 bankruptcy, Toys rejected its </span><span style="font-family:inherit;font-size:10pt;"><span>47,000</span></span><span style="font-family:inherit;font-size:10pt;"> square foot lease at our Rego Park II shopping center (</span><span style="font-family:inherit;font-size:10pt;"><span>$2,600,000</span></span> of annual revenue) effective June 30, 2018 and possession of the space was returned to us. 0.324 0.261 0.023 2800000 0.02 0.50 324000 0.03 0.06 0.03 0.02 0.01 0.01 0.03 50000000 0.01 50000000 <div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The following is a summary of fees to Vornado under the various agreements discussed above.</span></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="12"/></tr><tr><td style="width:59%;"/><td style="width:1%;"/><td style="width:11%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:11%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:11%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td colspan="11" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Year Ended December 31,</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">(Amounts in thousands)</span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">2019</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">2018</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">2017</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Company management fees</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cbfffd;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>2,800</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cbfffd;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>2,800</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>2,800</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Development fees</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>29</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>125</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>29</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Leasing fees</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>4,786</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>13</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>1,829</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Property management, cleaning, engineering</span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">and security fees</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>5,015</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>4,101</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>4,114</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>12,630</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>7,039</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>8,772</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:inherit;font-size:10pt;"><br/></span></div> 2800000 2800000 2800000 29000 125000 29000 4786000 13000 1829000 5015000 4101000 4114000 12630000 7039000 8772000 -795000 -563000 -68000 -549000 -146000 -13000 0.325 47000 2600000 MARKETABLE SECURITIES<div style="line-height:120%;text-align:justify;text-indent:26px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">As of </span><span style="font-family:inherit;font-size:10pt;">December 31, 2019</span><span style="font-family:inherit;font-size:10pt;"> and </span><span style="font-family:inherit;font-size:10pt;">2018</span><span style="font-family:inherit;font-size:10pt;">, we owned </span><span style="font-family:inherit;font-size:10pt;"><span>535,265</span></span><span style="font-family:inherit;font-size:10pt;"> common shares of Macerich.  These shares have an economic cost of </span><span style="font-family:inherit;font-size:10pt;"><span>$56.05</span></span><span style="font-family:inherit;font-size:10pt;"> per share, or </span><span style="font-family:inherit;font-size:10pt;"><span>$30,000,000</span></span><span style="font-family:inherit;font-size:10pt;"> in the aggregate.  As of </span><span style="font-family:inherit;font-size:10pt;">December 31, 2019</span><span style="font-family:inherit;font-size:10pt;"> and </span><span style="font-family:inherit;font-size:10pt;">2018</span><span style="font-family:inherit;font-size:10pt;">, the fair value of these shares was </span><span style="font-family:inherit;font-size:10pt;"><span>$14,409,000</span></span><span style="font-family:inherit;font-size:10pt;"> and </span><span style="font-family:inherit;font-size:10pt;"><span>$23,166,000</span></span><span style="font-family:inherit;font-size:10pt;">, respectively, based on Macerich’s closing share price of </span><span style="font-family:inherit;font-size:10pt;"><span>$26.92</span></span><span style="font-family:inherit;font-size:10pt;"> per share and </span><span style="font-family:inherit;font-size:10pt;"><span>$43.28</span></span><span style="font-family:inherit;font-size:10pt;"> per share, respectively.  These shares are included in “marketable securities” on our consolidated balance sheets and are classified as available-for-sale.  Available-for-sale securities are presented at fair value on our consolidated balance sheets and gains and losses resulting from the mark-to-market of these securities are recognized in current period earnings. Prior to January 1, 2018, unrealized gains and losses resulting from the mark-to-market of these securities were included in “other comprehensive income (loss).”  Effective January 1, 2018, changes in the fair value of these securities are recognized in current period earnings in accordance with ASC 825.</span></div> 535265 56.05 30000000 14409000 23166000 26.92 43.28 DISCONTINUED OPERATIONS<div style="line-height:120%;padding-top:8px;text-align:justify;text-indent:32px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">In 2012, we sold the Kings Plaza Regional Shopping Center (“Kings Plaza”) and paid real property transfer taxes to New York City in connection with the sale. In 2015, the New York City Department of Finance (“NYC DOF”) issued a Notice of Determination to us assessing an additional New York City real property transfer tax amount, including interest.</span></div><div style="line-height:120%;padding-top:8px;text-align:justify;text-indent:32px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">In 2014, in a case with similar facts, the NYC DOF issued a Notice of Determination to a Vornado joint venture assessing an additional New York City real property transfer tax amount, including interest. In January 2017, a New York City administrative law judge made a determination upholding the Vornado joint venture’s position that such additional real property transfer taxes were not due. On February 16, 2018, the New York City Tax Appeals Tribunal (the “Tribunal”) overturned the January 2017 determination. The Vornado joint venture appealed the Tribunal’s decision to the Appellate Division of the Supreme Court of the</span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">State of New York and on April 25, 2019, the Tribunal’s decision was unanimously upheld. The Vornado joint venture filed a motion to reargue the Appellate Division’s decision or for leave to appeal to the New York State Court of Appeals. On December 12, 2019, that motion was denied and the case can no longer be appealed. </span></div><span style="font-family:inherit;font-size:10pt;">Based on the precedent of the Tribunal’s decision, we accrued an expense for the potential additional real property transfer taxes of </span><span style="font-family:inherit;font-size:10pt;"><span>$23,797,000</span></span><span style="font-family:inherit;font-size:10pt;"> (</span><span style="font-family:inherit;font-size:10pt;"><span>$15,874,000</span></span><span style="font-family:inherit;font-size:10pt;"> of real property transfer tax and </span><span style="font-family:inherit;font-size:10pt;"><span>$7,923,000</span></span><span style="font-family:inherit;font-size:10pt;"> of interest) during the three months ended March 31, 2018. On April 5, 2018, we paid this amount in order to stop the interest from accruing. As the results related to Kings Plaza were previously classified as discontinued operations, we have classified the expense as “loss from discontinued operations” on our consolidated statement of income for the year ended December 31, 2018 in accordance with the provisions of ASC Topic 360, </span><span style="font-family:inherit;font-size:10pt;font-style:italic;">Property, Plant and Equipment</span>. We are currently evaluating our options relating to this matter. 23797000 15874000 7923000 MORTGAGES PAYABLE<div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">On October 3, 2018, we extended our mortgage loan on our Paramus property. The </span><span style="font-family:inherit;font-size:10pt;"><span>$68,000,000</span></span><span style="font-family:inherit;font-size:10pt;"> interest-only loan has a fixed rate of </span><span style="font-family:inherit;font-size:10pt;"><span>4.72%</span></span><span style="font-family:inherit;font-size:10pt;"> and matures in October 2021. Previously the loan bore interest at a fixed rate of </span><span style="font-family:inherit;font-size:10pt;"><span>2.90%</span></span><span style="font-family:inherit;font-size:10pt;">. The tenant pays all of the interest on this mortgage loan as part of its rent.</span></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">On December 12, 2018, we completed a refinancing of our Rego Park II shopping center in the amount of </span><span style="font-family:inherit;font-size:10pt;"><span>$252,544,000</span></span><span style="font-family:inherit;font-size:10pt;">. The interest-only loan is at LIBOR plus </span><span style="font-family:inherit;font-size:10pt;"><span>1.35%</span></span><span style="font-family:inherit;font-size:10pt;"> (</span><span style="font-family:inherit;font-size:10pt;"><span>3.15%</span></span><span style="font-family:inherit;font-size:10pt;"> as of December 31, 2019) and matures in December 2025. As of December 31, 2019, we have a participation in the mortgage in the amount of </span><span style="font-family:inherit;font-size:10pt;"><span>$195,708,000</span></span><span style="font-family:inherit;font-size:10pt;"> which for GAAP purposes is netted against the mortgage balance. Therefore, the balance sheet amount of the mortgage loan is </span><span style="font-family:inherit;font-size:10pt;"><span>$56,836,000</span></span><span style="font-family:inherit;font-size:10pt;">. On February 14, 2020, we reduced our participation in the mortgage loan to </span><span style="font-family:inherit;font-size:10pt;"><span>$50,000,000</span></span><span style="font-family:inherit;font-size:10pt;"> and received cash proceeds of approximately </span><span style="font-family:inherit;font-size:10pt;"><span>$145,000,000</span></span><span style="font-family:inherit;font-size:10pt;">.</span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The following is a summary of our outstanding mortgages payable. We may refinance our maturing debt as it comes due or choose to repay it.</span></div><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="14"/></tr><tr><td style="width:4%;"/><td style="width:1%;"/><td style="width:37%;"/><td style="width:13%;"/><td style="width:1%;"/><td style="width:16%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:3%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td rowspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Interest Rate at December 31, 2019</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Balance at December 31,</span></div></td></tr><tr><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">(Amounts in thousands)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Maturity</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">2019</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">2018</span></div></td></tr><tr><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">First mortgages secured by:</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Paramus</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Oct. 2021</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>4.72%</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cbfffd;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>68,000</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cbfffd;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>68,000</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">731 Lexington Avenue, retail condominium</span><span style="font-family:inherit;font-size:9pt;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">(1)</sup></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Aug. 2022</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>3.10%</span></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>350,000</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>350,000</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">731 Lexington Avenue, office condominium</span><span style="font-family:inherit;font-size:9pt;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">(2)</sup></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Jun. 2024</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>2.64%</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>500,000</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>500,000</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Rego Park II shopping center</span><span style="font-family:inherit;font-size:9pt;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">(3)</sup></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Dec. 2025</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>3.15%</span></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>56,836</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>56,836</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Total</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>974,836</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>974,836</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Deferred debt issuance costs, net of accumulated</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">amortization of $14,362 and $9,212, respectively</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>(3,875</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>(9,010</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">)</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cbfffd;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cbfffd;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>970,961</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cbfffd;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cbfffd;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cbfffd;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>965,826</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cbfffd;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">(1)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="12" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:justify;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Interest at LIBOR plus 1.40%. Maturity date represents the extended maturity based on our conditional right to extend.</span></div><div style="text-align:justify;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">(2)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="12" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:justify;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Interest at LIBOR plus 0.90%. Maturity date represents the extended maturity based on our unilateral right to extend.</span></div><div style="text-align:justify;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">(3)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="12" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:justify;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Interest at LIBOR plus 1.35%. The amount of this loan is net of our $195,708 loan participation (see Note 2 - </span><span style="font-family:inherit;font-size:9pt;font-style:italic;">Summary of Significant Accounting Policies</span><span style="font-family:inherit;font-size:9pt;">).</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:17px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:17px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="12" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:17px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr></table></div><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:justify;text-indent:29px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">All of our debt is secured by mortgages and/or pledges of the stock of the subsidiaries holding the properties.  The net carrying value of real estate collateralizing the debt amounted to </span><span style="font-family:inherit;font-size:10pt;"><span>$573,975,000</span></span><span style="font-family:inherit;font-size:10pt;"> as of </span><span style="font-family:inherit;font-size:10pt;">December 31, 2019</span><span style="font-family:inherit;font-size:10pt;">.  Our existing financing documents contain covenants that limit our ability to incur additional indebtedness on these properties, and in certain circumstances, provide for lender approval of tenants’ leases and yield maintenance to prepay them. As of </span><span style="font-family:inherit;font-size:10pt;">December 31, 2019</span><span style="font-family:inherit;font-size:10pt;">, the principal repayments (based on the extended loan maturity dates) for the next five years and thereafter are as follows:</span></div><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="5"/></tr><tr><td style="width:88%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">(Amounts in thousands)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Year Ending December 31,</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Amount</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2020</span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cbfffd;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2021</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>68,000</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2022</span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>350,000</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2023</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2024</span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>500,000</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Thereafter</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>56,836</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:inherit;font-size:10pt;"><br/></span></div> 68000000 0.0472 0.0290 252544000 0.0135 0.0315 195708000 56836000 50000000 145000000 <div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The following is a summary of our outstanding mortgages payable. We may refinance our maturing debt as it comes due or choose to repay it.</span></div><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="14"/></tr><tr><td style="width:4%;"/><td style="width:1%;"/><td style="width:37%;"/><td style="width:13%;"/><td style="width:1%;"/><td style="width:16%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:3%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td rowspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Interest Rate at December 31, 2019</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Balance at December 31,</span></div></td></tr><tr><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">(Amounts in thousands)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Maturity</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">2019</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">2018</span></div></td></tr><tr><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">First mortgages secured by:</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Paramus</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Oct. 2021</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>4.72%</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cbfffd;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>68,000</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cbfffd;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>68,000</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">731 Lexington Avenue, retail condominium</span><span style="font-family:inherit;font-size:9pt;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">(1)</sup></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Aug. 2022</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>3.10%</span></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>350,000</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>350,000</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">731 Lexington Avenue, office condominium</span><span style="font-family:inherit;font-size:9pt;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">(2)</sup></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Jun. 2024</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>2.64%</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>500,000</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>500,000</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Rego Park II shopping center</span><span style="font-family:inherit;font-size:9pt;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">(3)</sup></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Dec. 2025</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>3.15%</span></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>56,836</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>56,836</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Total</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>974,836</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>974,836</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Deferred debt issuance costs, net of accumulated</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">amortization of $14,362 and $9,212, respectively</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>(3,875</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>(9,010</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">)</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cbfffd;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cbfffd;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>970,961</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cbfffd;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cbfffd;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cbfffd;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>965,826</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cbfffd;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">(1)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="12" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:justify;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Interest at LIBOR plus 1.40%. Maturity date represents the extended maturity based on our conditional right to extend.</span></div><div style="text-align:justify;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">(2)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="12" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:justify;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Interest at LIBOR plus 0.90%. Maturity date represents the extended maturity based on our unilateral right to extend.</span></div><div style="text-align:justify;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">(3)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="12" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:justify;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Interest at LIBOR plus 1.35%. The amount of this loan is net of our $195,708 loan participation (see Note 2 - </span><span style="font-family:inherit;font-size:9pt;font-style:italic;">Summary of Significant Accounting Policies</span><span style="font-family:inherit;font-size:9pt;">).</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:17px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:17px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="12" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:17px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr></table></div><span style="font-family:inherit;font-size:10pt;"><br/></span></div> 0.0472 68000000 68000000 0.0310 350000000 350000000 0.0264 500000000 500000000 0.0315 56836000 56836000 974836000 974836000 3875000 9010000 970961000 965826000 573975000 As of <span style="font-family:inherit;font-size:10pt;">December 31, 2019</span><span style="font-family:inherit;font-size:10pt;">, the principal repayments (based on the extended loan maturity dates) for the next five years and thereafter are as follows:</span><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="5"/></tr><tr><td style="width:88%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">(Amounts in thousands)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Year Ending December 31,</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Amount</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2020</span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cbfffd;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2021</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>68,000</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2022</span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>350,000</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2023</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2024</span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>500,000</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Thereafter</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>56,836</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:inherit;font-size:10pt;"><br/></span></div> 0 68000000 350000000 0 500000000 56836000 FAIR VALUE MEASUREMENTS<div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">ASC 820 defines fair value and establishes a framework for measuring fair value. </span><span style="font-family:inherit;font-size:10pt;font-style:italic;"> </span><span style="font-family:inherit;font-size:10pt;"> ASC 820 establishes a fair value hierarchy that prioritizes observable and unobservable inputs used to measure fair value into three levels: Level 1 – quoted prices (unadjusted) in active markets that are accessible at the measurement date for assets or liabilities; Level 2 – observable prices that are based on inputs not quoted in active markets, but corroborated by market data; and Level 3 – unobservable inputs that are used when little or no market data is available.  The fair value hierarchy gives the highest priority to Level 1 inputs and the lowest priority to Level 3 inputs. In determining fair value, we utilize valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs to the extent possible as well as consider counterparty credit risk in our assessment of fair value.  </span></div><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;">Financial Assets and Liabilities Measured at Fair Value</span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Financial assets measured at fair value on our consolidated balance sheets as of </span><span style="font-family:inherit;font-size:10pt;">December 31, 2019</span><span style="font-family:inherit;font-size:10pt;"> and </span><span style="font-family:inherit;font-size:10pt;">2018</span><span style="font-family:inherit;font-size:10pt;"> consist of marketable securities, which are presented in the table below based on their level in the fair value hierarchy, and an interest rate cap, which fair value was insignificant as of December 31, 2019 and 2018. There were no financial liabilities measured at fair value as of </span><span style="font-family:inherit;font-size:10pt;">December 31, 2019</span><span style="font-family:inherit;font-size:10pt;"> and </span><span style="font-family:inherit;font-size:10pt;">2018</span><span style="font-family:inherit;font-size:10pt;">.</span></div><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="16"/></tr><tr><td style="width:45%;"/><td style="width:1%;"/><td style="width:11%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:11%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:11%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:11%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td colspan="15" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">As of December 31, 2019</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">(Amounts in thousands)</span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Total</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Level 1</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Level 2</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Level 3</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#ccffff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Marketable securities</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>14,409</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>14,409</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td colspan="15" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">As of December 31, 2018</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">(Amounts in thousands)</span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Total</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Level 1</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Level 2</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Level 3</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#ccffff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Marketable securities</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>23,166</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>23,166</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div><div style="line-height:120%;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;">Financial Assets and Liabilities not Measured at Fair Value</span></div><div style="line-height:120%;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Financial assets and liabilities that are not measured at fair value on our consolidated balance sheets include cash equivalents and mortgages payable.  Cash equivalents are carried at cost, which approximates fair value due to their short-term maturities and are classified as Level 1.  The fair value of our mortgages payable is calculated by discounting the future contractual cash flows of these instruments using current risk-adjusted rates available to borrowers with similar credit ratings, which are provided by a third-party specialist, and is classified as Level 2.  The table below summarizes the carrying amount and fair value of these financial instruments as of </span><span style="font-family:inherit;font-size:10pt;">December 31, 2019</span><span style="font-family:inherit;font-size:10pt;"> and </span><span style="font-family:inherit;font-size:10pt;">2018</span><span style="font-family:inherit;font-size:10pt;">.</span></div><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="16"/></tr><tr><td style="width:45%;"/><td style="width:1%;"/><td style="width:11%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:11%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:11%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:11%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">As of December 31, 2019</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">As of December 31, 2018</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Carrying</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Fair</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Carrying</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Fair</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">(Amounts in thousands)</span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Amount</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Value</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Amount</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Value</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Assets:</span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Cash equivalents</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>263,688</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>263,688</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>173,858</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>173,858</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Liabilities:</span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Mortgages payable (excluding deferred debt issuance costs, net)</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>974,836</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cbfffd;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cbfffd;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>974,000</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>974,836</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>969,000</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:inherit;font-size:10pt;"><br/></span></div> <div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">ASC 820 defines fair value and establishes a framework for measuring fair value. </span><span style="font-family:inherit;font-size:10pt;font-style:italic;"> </span><span style="font-family:inherit;font-size:10pt;"> ASC 820 establishes a fair value hierarchy that prioritizes observable and unobservable inputs used to measure fair value into three levels: Level 1 – quoted prices (unadjusted) in active markets that are accessible at the measurement date for assets or liabilities; Level 2 – observable prices that are based on inputs not quoted in active markets, but corroborated by market data; and Level 3 – unobservable inputs that are used when little or no market data is available.  The fair value hierarchy gives the highest priority to Level 1 inputs and the lowest priority to Level 3 inputs. In determining fair value, we utilize valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs to the extent possible as well as consider counterparty credit risk in our assessment of fair value.  </span></div> <div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Financial assets measured at fair value on our consolidated balance sheets as of </span><span style="font-family:inherit;font-size:10pt;">December 31, 2019</span><span style="font-family:inherit;font-size:10pt;"> and </span><span style="font-family:inherit;font-size:10pt;">2018</span><span style="font-family:inherit;font-size:10pt;"> consist of marketable securities, which are presented in the table below based on their level in the fair value hierarchy, and an interest rate cap, which fair value was insignificant as of December 31, 2019 and 2018. There were no financial liabilities measured at fair value as of </span><span style="font-family:inherit;font-size:10pt;">December 31, 2019</span><span style="font-family:inherit;font-size:10pt;"> and </span><span style="font-family:inherit;font-size:10pt;">2018</span><span style="font-family:inherit;font-size:10pt;">.</span></div><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="16"/></tr><tr><td style="width:45%;"/><td style="width:1%;"/><td style="width:11%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:11%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:11%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:11%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td colspan="15" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">As of December 31, 2019</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">(Amounts in thousands)</span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Total</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Level 1</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Level 2</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Level 3</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#ccffff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Marketable securities</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>14,409</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>14,409</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td colspan="15" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">As of December 31, 2018</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">(Amounts in thousands)</span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Total</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Level 1</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Level 2</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Level 3</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#ccffff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Marketable securities</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>23,166</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>23,166</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:inherit;font-size:10pt;"><br/></span></div> 14409000 14409000 0 0 23166000 23166000 0 0 The table below summarizes the carrying amount and fair value of these financial instruments as of <span style="font-family:inherit;font-size:10pt;">December 31, 2019</span><span style="font-family:inherit;font-size:10pt;"> and </span><span style="font-family:inherit;font-size:10pt;">2018</span><span style="font-family:inherit;font-size:10pt;">.</span><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="16"/></tr><tr><td style="width:45%;"/><td style="width:1%;"/><td style="width:11%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:11%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:11%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:11%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">As of December 31, 2019</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">As of December 31, 2018</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Carrying</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Fair</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Carrying</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Fair</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">(Amounts in thousands)</span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Amount</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Value</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Amount</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Value</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Assets:</span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Cash equivalents</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>263,688</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>263,688</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>173,858</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>173,858</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Liabilities:</span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Mortgages payable (excluding deferred debt issuance costs, net)</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>974,836</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cbfffd;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cbfffd;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>974,000</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>974,836</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>969,000</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:inherit;font-size:10pt;"><br/></span></div> 263688000 263688000 173858000 173858000 974836000 974000000 974836000 969000000 LEASES<div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;text-decoration:underline;">As Lessor</span></div><div style="line-height:120%;padding-top:8px;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">We lease space to tenants under operating leases in an office building and in retail centers.  The rental terms range from approximately </span><span style="font-family:inherit;font-size:10pt;"><span>5</span></span><span style="font-family:inherit;font-size:10pt;"> to </span><span style="font-family:inherit;font-size:10pt;"><span>25</span></span><span style="font-family:inherit;font-size:10pt;"> years.  The leases provide for the payment of fixed base rents payable monthly in advance as well as reimbursements of real estate taxes, insurance and maintenance costs.  Retail leases may also provide for the payment by the lessee of additional rents based on a percentage of their sales. We also lease residential space at The Alexander apartment tower with </span><span style="font-family:inherit;font-size:10pt;"><span>1</span></span><span style="font-family:inherit;font-size:10pt;"> or </span><span style="font-family:inherit;font-size:10pt;"><span>2</span></span><span style="font-family:inherit;font-size:10pt;"> year lease terms. We have elected to account for lease revenues (including fixed and variable rent) and the reimbursement of common area maintenance expenses as a single lease component presented as “rental revenues” in our consolidated statements of income.</span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Under ASC 842, we must assess on an individual lease basis whether it is probable that we will collect the future lease payments. We consider the tenant’s payment history and current credit status when assessing collectability. When collectability is not deemed probable, we write-off the tenant’s receivables, including straight-line rent receivable, and limit lease income to cash received. Changes to the collectability of our operating leases are recorded as adjustments to “rental revenues” on our consolidated statements of income, which resulted in a decrease in income of </span><span style="font-family:inherit;font-size:10pt;"><span>$209,000</span></span><span style="font-family:inherit;font-size:10pt;"> for the year ended December 31, 2019. As a result, there is </span><span style="font-family:inherit;font-size:10pt;"><span>no</span></span><span style="font-family:inherit;font-size:10pt;"> allowance for doubtful accounts as of December 31, 2019. The table below summarizes our allowance for doubtful accounts as of December 31, 2018 and 2017.</span></div><div style="line-height:120%;text-align:center;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="17"/></tr><tr><td style="width:48%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">(Amounts in thousands)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Balance at<br/>Beginning<br/>of Year</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Additions:<br/>Charged<br/>Against<br/>Operations</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Deductions:<br/>Uncollectible<br/>Accounts<br/>Written Off</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Balance at End of Year</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Allowance for doubtful accounts:</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Year Ended December 31, 2018</span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>1,501</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>4,459</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>(5,289</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">)</span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>671</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Year Ended December 31, 2017</span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>1,473</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>53</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>(25</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">)</span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>1,501</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Future undiscounted cash flows under our non-cancelable operating leases are as follows:</span></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:99.609375%;border-collapse:collapse;text-align:left;"><tr><td colspan="5"/></tr><tr><td style="width:74%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:23%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Under ASC 842</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">(Amounts in thousands)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">As of December 31, 2019</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">For the year ending December 31,</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2020</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cbfffd;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>141,875</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2021</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>134,877</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2022</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>127,691</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2023</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>129,054</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2024</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>137,234</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Thereafter</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>624,239</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:inherit;font-size:10pt;"> </span><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="5"/></tr><tr><td style="width:75%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:22%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Under ASC 840</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">(Amounts in thousands)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">As of December 31, 2018</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">For the year ending December 31,</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2019</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cbfffd;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>138,784</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2020</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>131,647</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2021</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>120,450</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2022</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>111,532</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2023</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>111,962</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Thereafter</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>671,111</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;padding-top:8px;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">These amounts do not include reimbursements or additional rents based on a percentage of retail tenants’ sales.</span></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">ALEXANDER’S, INC. AND SUBSIDIARIES</span></div><div style="line-height:120%;text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)</span></div><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;padding-bottom:16px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">9.    LEASES - continued</span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Bloomberg accounted for revenue of </span><span style="font-family:inherit;font-size:10pt;"><span>$109,113,000</span></span><span style="font-family:inherit;font-size:10pt;">, </span><span style="font-family:inherit;font-size:10pt;"><span>$107,356,000</span></span><span style="font-family:inherit;font-size:10pt;">, and </span><span style="font-family:inherit;font-size:10pt;"><span>$105,224,000</span></span><span style="font-family:inherit;font-size:10pt;"> in the years ended December 31, 2019, 2018 and 2017, respectively, representing approximately </span><span style="font-family:inherit;font-size:10pt;"><span>48%</span></span><span style="font-family:inherit;font-size:10pt;">, </span><span style="font-family:inherit;font-size:10pt;"><span>46%</span></span><span style="font-family:inherit;font-size:10pt;"> and </span><span style="font-family:inherit;font-size:10pt;"><span>46%</span></span><span style="font-family:inherit;font-size:10pt;"> of our total revenues in each year, respectively.  No other tenant accounted for more than 10% of our total revenues.  If we were to lose Bloomberg as a tenant, or if Bloomberg were to be unable to fulfill its obligations under its lease, it would adversely affect our results of operations and financial condition.  In order to assist us in our continuing assessment of Bloomberg’s creditworthiness, we receive certain confidential financial information and metrics from Bloomberg.  In addition, we access and evaluate financial information regarding Bloomberg from other private sources, as well as publicly available data.</span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">On June 28, 2019, we entered into a lease agreement with Bloomberg for an additional </span><span style="font-family:inherit;font-size:10pt;"><span>49,000</span></span><span style="font-family:inherit;font-size:10pt;"> square feet at our 731 Lexington Avenue property</span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;text-decoration:underline;">As Lessee</span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">We are the lessee under a ground lease at our Flushing property, classified as an operating lease, which expires in 2027 and has </span><span style="font-family:inherit;font-size:10pt;"><span>one</span></span><span style="font-family:inherit;font-size:10pt;"> </span><span style="font-family:inherit;font-size:10pt;"><span>10</span></span><span style="font-family:inherit;font-size:10pt;">-year extension option. On January 1, 2019, we recorded a right-of-use asset and lease liability related to this ground lease equal to the present value of the remaining minimum lease payments. As of December 31, 2019, the right-of-use asset of </span><span style="font-family:inherit;font-size:10pt;"><span>$4,529,000</span></span><span style="font-family:inherit;font-size:10pt;"> and the lease liability of </span><span style="font-family:inherit;font-size:10pt;"><span>$4,845,000</span></span><span style="font-family:inherit;font-size:10pt;">, are included in “other assets” and “other liabilities,” respectively, on our consolidated balance sheet. The discount rate applied to measure the right-of-use asset and lease liability is based on the incremental borrowing rate (“IBR”) for the property of </span><span style="font-family:inherit;font-size:10pt;"><span>4.53%</span></span><span style="font-family:inherit;font-size:10pt;">. We initially consider the general economic environment and factor in various financing and asset specific adjustments so that the IBR is appropriate to the intended use of the underlying lease. As we did not elect to apply hindsight, the lease term assumption determined under ASC 840 was carried forward and applied in calculating our lease liability recorded under ASC 842. </span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Future lease payments under this operating lease, excluding the extension option, are as follows:</span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="5"/></tr><tr><td style="width:75%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:22%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Under ASC 842</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">(Amounts in thousands)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">As of December 31, 2019</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">For the year ending December 31,</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2020</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cbfffd;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>800</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2021</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>800</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2022</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>800</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2023</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>800</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2024</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>800</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Thereafter</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>1,600</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Total undiscounted cash flows</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>5,600</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Present value discount</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>(755</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">)</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Lease liability as of December 31, 2019</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cbfffd;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cbfffd;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>4,845</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cbfffd;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="5"/></tr><tr><td style="width:75%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:22%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Under ASC 840</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">(Amounts in thousands)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">As of December 31, 2018</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">For the year ending December 31,</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2019</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cbfffd;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>800</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2020</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>800</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2021</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>800</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2022</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>800</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2023</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>800</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Thereafter</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>2,467</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">We recognize rent expense as a component of “operating” expenses on our consolidated statements of income on a straight-line basis. Rent expense was </span><span style="font-family:inherit;font-size:10pt;"><span>$746,000</span></span><span style="font-family:inherit;font-size:10pt;"> in each of the years ended December 31, 2019, 2018 and 2017, respectively. Cash paid for rent expense was </span><span style="font-family:inherit;font-size:10pt;"><span>$800,000</span></span><span style="font-family:inherit;font-size:10pt;">, </span><span style="font-family:inherit;font-size:10pt;"><span>$800,000</span></span><span style="font-family:inherit;font-size:10pt;"> and </span><span style="font-family:inherit;font-size:10pt;"><span>$792,000</span></span><span style="font-family:inherit;font-size:10pt;"> in the years ended December 31, 2019, 2018 and 2017, respectively.</span></div> LEASES<div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;text-decoration:underline;">As Lessor</span></div><div style="line-height:120%;padding-top:8px;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">We lease space to tenants under operating leases in an office building and in retail centers.  The rental terms range from approximately </span><span style="font-family:inherit;font-size:10pt;"><span>5</span></span><span style="font-family:inherit;font-size:10pt;"> to </span><span style="font-family:inherit;font-size:10pt;"><span>25</span></span><span style="font-family:inherit;font-size:10pt;"> years.  The leases provide for the payment of fixed base rents payable monthly in advance as well as reimbursements of real estate taxes, insurance and maintenance costs.  Retail leases may also provide for the payment by the lessee of additional rents based on a percentage of their sales. We also lease residential space at The Alexander apartment tower with </span><span style="font-family:inherit;font-size:10pt;"><span>1</span></span><span style="font-family:inherit;font-size:10pt;"> or </span><span style="font-family:inherit;font-size:10pt;"><span>2</span></span><span style="font-family:inherit;font-size:10pt;"> year lease terms. We have elected to account for lease revenues (including fixed and variable rent) and the reimbursement of common area maintenance expenses as a single lease component presented as “rental revenues” in our consolidated statements of income.</span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Under ASC 842, we must assess on an individual lease basis whether it is probable that we will collect the future lease payments. We consider the tenant’s payment history and current credit status when assessing collectability. When collectability is not deemed probable, we write-off the tenant’s receivables, including straight-line rent receivable, and limit lease income to cash received. Changes to the collectability of our operating leases are recorded as adjustments to “rental revenues” on our consolidated statements of income, which resulted in a decrease in income of </span><span style="font-family:inherit;font-size:10pt;"><span>$209,000</span></span><span style="font-family:inherit;font-size:10pt;"> for the year ended December 31, 2019. As a result, there is </span><span style="font-family:inherit;font-size:10pt;"><span>no</span></span><span style="font-family:inherit;font-size:10pt;"> allowance for doubtful accounts as of December 31, 2019. The table below summarizes our allowance for doubtful accounts as of December 31, 2018 and 2017.</span></div><div style="line-height:120%;text-align:center;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="17"/></tr><tr><td style="width:48%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">(Amounts in thousands)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Balance at<br/>Beginning<br/>of Year</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Additions:<br/>Charged<br/>Against<br/>Operations</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Deductions:<br/>Uncollectible<br/>Accounts<br/>Written Off</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Balance at End of Year</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Allowance for doubtful accounts:</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Year Ended December 31, 2018</span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>1,501</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>4,459</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>(5,289</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">)</span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>671</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Year Ended December 31, 2017</span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>1,473</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>53</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>(25</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">)</span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>1,501</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Future undiscounted cash flows under our non-cancelable operating leases are as follows:</span></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:99.609375%;border-collapse:collapse;text-align:left;"><tr><td colspan="5"/></tr><tr><td style="width:74%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:23%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Under ASC 842</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">(Amounts in thousands)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">As of December 31, 2019</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">For the year ending December 31,</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2020</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cbfffd;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>141,875</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2021</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>134,877</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2022</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>127,691</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2023</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>129,054</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2024</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>137,234</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Thereafter</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>624,239</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:inherit;font-size:10pt;"> </span><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="5"/></tr><tr><td style="width:75%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:22%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Under ASC 840</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">(Amounts in thousands)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">As of December 31, 2018</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">For the year ending December 31,</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2019</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cbfffd;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>138,784</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2020</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>131,647</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2021</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>120,450</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2022</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>111,532</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2023</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>111,962</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Thereafter</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>671,111</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;padding-top:8px;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">These amounts do not include reimbursements or additional rents based on a percentage of retail tenants’ sales.</span></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">ALEXANDER’S, INC. AND SUBSIDIARIES</span></div><div style="line-height:120%;text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)</span></div><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;padding-bottom:16px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">9.    LEASES - continued</span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Bloomberg accounted for revenue of </span><span style="font-family:inherit;font-size:10pt;"><span>$109,113,000</span></span><span style="font-family:inherit;font-size:10pt;">, </span><span style="font-family:inherit;font-size:10pt;"><span>$107,356,000</span></span><span style="font-family:inherit;font-size:10pt;">, and </span><span style="font-family:inherit;font-size:10pt;"><span>$105,224,000</span></span><span style="font-family:inherit;font-size:10pt;"> in the years ended December 31, 2019, 2018 and 2017, respectively, representing approximately </span><span style="font-family:inherit;font-size:10pt;"><span>48%</span></span><span style="font-family:inherit;font-size:10pt;">, </span><span style="font-family:inherit;font-size:10pt;"><span>46%</span></span><span style="font-family:inherit;font-size:10pt;"> and </span><span style="font-family:inherit;font-size:10pt;"><span>46%</span></span><span style="font-family:inherit;font-size:10pt;"> of our total revenues in each year, respectively.  No other tenant accounted for more than 10% of our total revenues.  If we were to lose Bloomberg as a tenant, or if Bloomberg were to be unable to fulfill its obligations under its lease, it would adversely affect our results of operations and financial condition.  In order to assist us in our continuing assessment of Bloomberg’s creditworthiness, we receive certain confidential financial information and metrics from Bloomberg.  In addition, we access and evaluate financial information regarding Bloomberg from other private sources, as well as publicly available data.</span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">On June 28, 2019, we entered into a lease agreement with Bloomberg for an additional </span><span style="font-family:inherit;font-size:10pt;"><span>49,000</span></span><span style="font-family:inherit;font-size:10pt;"> square feet at our 731 Lexington Avenue property</span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;text-decoration:underline;">As Lessee</span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">We are the lessee under a ground lease at our Flushing property, classified as an operating lease, which expires in 2027 and has </span><span style="font-family:inherit;font-size:10pt;"><span>one</span></span><span style="font-family:inherit;font-size:10pt;"> </span><span style="font-family:inherit;font-size:10pt;"><span>10</span></span><span style="font-family:inherit;font-size:10pt;">-year extension option. On January 1, 2019, we recorded a right-of-use asset and lease liability related to this ground lease equal to the present value of the remaining minimum lease payments. As of December 31, 2019, the right-of-use asset of </span><span style="font-family:inherit;font-size:10pt;"><span>$4,529,000</span></span><span style="font-family:inherit;font-size:10pt;"> and the lease liability of </span><span style="font-family:inherit;font-size:10pt;"><span>$4,845,000</span></span><span style="font-family:inherit;font-size:10pt;">, are included in “other assets” and “other liabilities,” respectively, on our consolidated balance sheet. The discount rate applied to measure the right-of-use asset and lease liability is based on the incremental borrowing rate (“IBR”) for the property of </span><span style="font-family:inherit;font-size:10pt;"><span>4.53%</span></span><span style="font-family:inherit;font-size:10pt;">. We initially consider the general economic environment and factor in various financing and asset specific adjustments so that the IBR is appropriate to the intended use of the underlying lease. As we did not elect to apply hindsight, the lease term assumption determined under ASC 840 was carried forward and applied in calculating our lease liability recorded under ASC 842. </span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Future lease payments under this operating lease, excluding the extension option, are as follows:</span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="5"/></tr><tr><td style="width:75%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:22%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Under ASC 842</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">(Amounts in thousands)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">As of December 31, 2019</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">For the year ending December 31,</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2020</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cbfffd;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>800</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2021</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>800</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2022</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>800</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2023</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>800</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2024</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>800</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Thereafter</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>1,600</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Total undiscounted cash flows</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>5,600</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Present value discount</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>(755</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">)</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Lease liability as of December 31, 2019</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cbfffd;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cbfffd;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>4,845</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cbfffd;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="5"/></tr><tr><td style="width:75%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:22%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Under ASC 840</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">(Amounts in thousands)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">As of December 31, 2018</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">For the year ending December 31,</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2019</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cbfffd;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>800</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2020</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>800</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2021</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>800</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2022</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>800</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2023</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>800</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Thereafter</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>2,467</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">We recognize rent expense as a component of “operating” expenses on our consolidated statements of income on a straight-line basis. Rent expense was </span><span style="font-family:inherit;font-size:10pt;"><span>$746,000</span></span><span style="font-family:inherit;font-size:10pt;"> in each of the years ended December 31, 2019, 2018 and 2017, respectively. Cash paid for rent expense was </span><span style="font-family:inherit;font-size:10pt;"><span>$800,000</span></span><span style="font-family:inherit;font-size:10pt;">, </span><span style="font-family:inherit;font-size:10pt;"><span>$800,000</span></span><span style="font-family:inherit;font-size:10pt;"> and </span><span style="font-family:inherit;font-size:10pt;"><span>$792,000</span></span><span style="font-family:inherit;font-size:10pt;"> in the years ended December 31, 2019, 2018 and 2017, respectively.</span></div> P5Y P25Y P1Y P2Y -209000 0 The table below summarizes our allowance for doubtful accounts as of December 31, 2018 and 2017.<div style="line-height:120%;text-align:center;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="17"/></tr><tr><td style="width:48%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">(Amounts in thousands)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Balance at<br/>Beginning<br/>of Year</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Additions:<br/>Charged<br/>Against<br/>Operations</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Deductions:<br/>Uncollectible<br/>Accounts<br/>Written Off</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Balance at End of Year</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Allowance for doubtful accounts:</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Year Ended December 31, 2018</span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>1,501</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>4,459</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>(5,289</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">)</span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>671</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Year Ended December 31, 2017</span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>1,473</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>53</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>(25</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">)</span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>1,501</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:inherit;font-size:10pt;"><br/></span></div> 1501000 4459000 5289000 671000 1473000 53000 25000 1501000 <div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Future undiscounted cash flows under our non-cancelable operating leases are as follows:</span></div><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:99.609375%;border-collapse:collapse;text-align:left;"><tr><td colspan="5"/></tr><tr><td style="width:74%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:23%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Under ASC 842</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">(Amounts in thousands)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">As of December 31, 2019</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">For the year ending December 31,</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2020</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cbfffd;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>141,875</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2021</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>134,877</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2022</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>127,691</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2023</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>129,054</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2024</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>137,234</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Thereafter</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>624,239</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:inherit;font-size:10pt;"> </span> 141875000 134877000 127691000 129054000 137234000 624239000 <div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="5"/></tr><tr><td style="width:75%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:22%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Under ASC 840</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">(Amounts in thousands)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">As of December 31, 2018</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">For the year ending December 31,</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2019</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cbfffd;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>138,784</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2020</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>131,647</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2021</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>120,450</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2022</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>111,532</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2023</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>111,962</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Thereafter</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>671,111</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:inherit;font-size:10pt;"><br/></span> 138784000 131647000 120450000 111532000 111962000 671111000 109113000 107356000 105224000 0.48 0.46 0.46 49000 1 P10Y 4529000 4845000 0.0453 <div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Future lease payments under this operating lease, excluding the extension option, are as follows:</span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="5"/></tr><tr><td style="width:75%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:22%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Under ASC 842</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">(Amounts in thousands)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">As of December 31, 2019</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">For the year ending December 31,</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2020</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cbfffd;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>800</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2021</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>800</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2022</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>800</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2023</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>800</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2024</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>800</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Thereafter</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>1,600</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Total undiscounted cash flows</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>5,600</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Present value discount</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>(755</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">)</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Lease liability as of December 31, 2019</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cbfffd;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cbfffd;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>4,845</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cbfffd;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:inherit;font-size:10pt;"><br/></span></div> 800000 800000 800000 800000 800000 1600000 5600000 755000 4845000 <div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="5"/></tr><tr><td style="width:75%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:22%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Under ASC 840</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">(Amounts in thousands)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">As of December 31, 2018</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">For the year ending December 31,</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2019</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cbfffd;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>800</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2020</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>800</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2021</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>800</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2022</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>800</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">2023</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>800</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Thereafter</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>2,467</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:inherit;font-size:10pt;"><br/></span></div> 800000 800000 800000 800000 800000 2467000 746000 800000 800000 792000 STOCK-BASED COMPENSATION<div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:32px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">We account for stock-based compensation in accordance with ASC Topic 718, </span><span style="font-family:inherit;font-size:10pt;font-style:italic;">Compensation - Stock Compensation</span><span style="font-family:inherit;font-size:10pt;">. Our 2016 Omnibus Stock Plan (the “Plan”) provides for grants of incentive and non-qualified stock options, restricted stock, stock appreciation rights, deferred stock units (“DSUs”) and performance shares, as defined, to the directors, officers and employees of the Company and Vornado.</span></div><span style="font-family:inherit;font-size:10pt;">On May 16, 2019, we granted each of the members of our Board of Directors </span><span style="font-family:inherit;font-size:10pt;"><span>193</span></span><span style="font-family:inherit;font-size:10pt;"> DSUs with a grant date fair value of </span><span style="font-family:inherit;font-size:10pt;"><span>$56,250</span></span><span style="font-family:inherit;font-size:10pt;"> per grant, or </span><span style="font-family:inherit;font-size:10pt;"><span>$394,000</span></span><span style="font-family:inherit;font-size:10pt;"> in the aggregate. The DSUs entitle the holders to receive shares of the Company’s common stock without the payment of any consideration. The DSUs vested immediately and accordingly, were expensed on the date of grant, but the shares of common stock underlying the DSUs are not deliverable to the grantee until the grantee is no longer serving on the Company’s Board of Directors. As of December 31, 2019, there were </span><span style="font-family:inherit;font-size:10pt;"><span>11,408</span></span><span style="font-family:inherit;font-size:10pt;"> DSUs outstanding and </span><span style="font-family:inherit;font-size:10pt;"><span>494,379</span></span> shares were available for future grant under the Plan. 193 56250 394000 11408 494379 COMMITMENTS AND CONTINGENCIES<div style="line-height:120%;padding-bottom:8px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;text-decoration:underline;">Insurance</span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">We maintain general liability insurance with limits of </span><span style="font-family:inherit;font-size:10pt;"><span>$300,000,000</span></span><span style="font-family:inherit;font-size:10pt;"> per occurrence and per property, and all-risk property and rental value insurance coverage with limits of </span><span style="font-family:inherit;font-size:10pt;"><span>$1.7 billion</span></span><span style="font-family:inherit;font-size:10pt;"> per occurrence, including coverage for acts of terrorism, with sub-limits for certain perils such as floods and earthquakes on each of our properties.</span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Fifty Ninth Street Insurance Company, LLC (“FNSIC”), our wholly owned consolidated subsidiary, acts as a direct insurer for coverage for acts of terrorism, including nuclear, biological, chemical and radiological (“NBCR”) acts, as defined by the Terrorism Risk Insurance Act of 2002, as amended to date and which has been extended through December 2027.  Coverage for acts of terrorism (including NBCR acts) is up to </span><span style="font-family:inherit;font-size:10pt;"><span>$1.7 billion</span></span><span style="font-family:inherit;font-size:10pt;"> per occurrence and in the aggregate.  Coverage for acts of terrorism (excluding NBCR acts) is fully reinsured by third party insurance companies and the Federal government with no exposure to FNSIC.  For NBCR acts, FNSIC is responsible for a </span><span style="font-family:inherit;font-size:10pt;"><span>$268,000</span></span><span style="font-family:inherit;font-size:10pt;"> deductible and </span><span style="font-family:inherit;font-size:10pt;"><span>20%</span></span><span style="font-family:inherit;font-size:10pt;"> of the balance of a covered loss, and the Federal government is responsible for the remaining </span><span style="font-family:inherit;font-size:10pt;"><span>80%</span></span><span style="font-family:inherit;font-size:10pt;"> of a covered loss.  We are ultimately responsible for any loss incurred by FNSIC.</span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">We continue to monitor the state of the insurance market and the scope and costs of coverage for acts of terrorism or other events.  However, we cannot anticipate what coverage will be available on commercially reasonable terms in the future.  We are responsible for uninsured losses and for deductibles and losses in excess of our insurance coverage, which could be material.</span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Our mortgage loans are non-recourse to us and contain customary covenants requiring us to maintain insurance.  Although we believe that we have adequate insurance coverage for purposes of these agreements, we may not be able to obtain an equivalent amount of coverage at reasonable costs in the future.  Further, if lenders insist on greater coverage than we are able to obtain, it could adversely affect our ability to finance or refinance our properties.</span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;text-indent:6px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;text-decoration:underline;">Paramus</span></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">In 2001, we leased </span><span style="font-family:inherit;font-size:10pt;"><span>30.3</span></span><span style="font-family:inherit;font-size:10pt;"> acres of land located in Paramus, New Jersey to IKEA Property, Inc. The lease has a purchase option in 2021 for </span><span style="font-family:inherit;font-size:10pt;"><span>$75,000,000</span></span><span style="font-family:inherit;font-size:10pt;">. The property is encumbered by a </span><span style="font-family:inherit;font-size:10pt;"><span>$68,000,000</span></span><span style="font-family:inherit;font-size:10pt;"> interest-only mortgage loan with a fixed rate of </span><span style="font-family:inherit;font-size:10pt;"><span>4.72%</span></span><span style="font-family:inherit;font-size:10pt;">, which matures in October 2021. The annual triple-net rent is the sum of </span><span style="font-family:inherit;font-size:10pt;"><span>$700,000</span></span><span style="font-family:inherit;font-size:10pt;"> plus the amount of interest on the mortgage loan. If the purchase option is exercised, we will receive net cash proceeds of approximately </span><span style="font-family:inherit;font-size:10pt;"><span>$7,000,000</span></span><span style="font-family:inherit;font-size:10pt;"> and recognize a gain on sale of land of approximately </span><span style="font-family:inherit;font-size:10pt;"><span>$60,000,000</span></span><span style="font-family:inherit;font-size:10pt;">. If the purchase option is not exercised, the triple-net rent for the last </span><span style="font-family:inherit;font-size:10pt;"><span>20</span></span><span style="font-family:inherit;font-size:10pt;"> years would include debt service sufficient to fully amortize </span><span style="font-family:inherit;font-size:10pt;"><span>$68,000,000</span></span><span style="font-family:inherit;font-size:10pt;"> over the remaining </span><span style="font-family:inherit;font-size:10pt;"><span>20</span></span><span style="font-family:inherit;font-size:10pt;">-year lease term.</span></div><div style="line-height:120%;text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">ALEXANDER’S, INC. AND SUBSIDIARIES</span></div><div style="line-height:120%;text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)</span></div><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;padding-bottom:16px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">11.    COMMITMENTS AND CONTINGENCIES - continued</span></div><div style="line-height:120%;padding-top:12px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;text-decoration:underline;">Rego Park I Litigation</span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">In June 2014, Sears Roebuck and Co. (“Sears”) filed a lawsuit in the Supreme Court of the State of New York against Vornado and us (and certain of our subsidiaries) with regard to space that Sears leased at our Rego Park I property alleging that the defendants are liable for harm that Sears has suffered as a result of (a) water intrusions into the premises, (b) </span><span style="font-family:inherit;font-size:10pt;"><span>two</span></span><span style="font-family:inherit;font-size:10pt;"> fires in February 2014 that caused damages to those premises, and (c) alleged violations of the Americans with Disabilities Act in the premises’ parking garage. Sears asserted various causes of actions for damages and sought to compel compliance with landlord’s obligations to repair the premises and to provide security, and to compel us to abate a nuisance that Sears claims was a cause of the water intrusions into its premises. In addition to injunctive relief, Sears sought, among other things, damages of not less than </span><span style="font-family:inherit;font-size:10pt;"><span>$4,000,000</span></span><span style="font-family:inherit;font-size:10pt;"> and future damages it estimated would not be less than </span><span style="font-family:inherit;font-size:10pt;"><span>$25,000,000</span></span><span style="font-family:inherit;font-size:10pt;">. In March 2016, Sears withdrew its claim for future damages leaving a remaining claim for property damages, which we estimate to be approximately </span><span style="font-family:inherit;font-size:10pt;"><span>$650,000</span></span><span style="font-family:inherit;font-size:10pt;"> based on information provided by Sears. We intend to defend the remaining claim vigorously. The amount or range of reasonably possible losses, if any, is not expected to be greater than </span><span style="font-family:inherit;font-size:10pt;"><span>$650,000</span></span><span style="font-family:inherit;font-size:10pt;">. </span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">On April 4, 2017, Sears closed its </span><span style="font-family:inherit;font-size:10pt;"><span>195,000</span></span><span style="font-family:inherit;font-size:10pt;"> square foot store at the property (</span><span style="font-family:inherit;font-size:10pt;"><span>$10,300,000</span></span><span style="font-family:inherit;font-size:10pt;"> of annual revenue). On October 15, 2018, Sears filed for Chapter 11 bankruptcy relief and rejected its lease. </span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;text-indent:6px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;text-decoration:underline;">Letters of Credit</span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Approximately </span><span style="font-family:inherit;font-size:10pt;"><span>$1,030,000</span></span><span style="font-family:inherit;font-size:10pt;"> of standby letters of credit were issued and outstanding as of </span><span style="font-family:inherit;font-size:10pt;">December 31, 2019</span><span style="font-family:inherit;font-size:10pt;">.</span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;text-indent:6px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;text-decoration:underline;">Other</span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">There are various other legal actions against us in the ordinary course of business. In our opinion, the outcome of such matters in the aggregate will not have a material effect on our financial position, results of operations or cash flows.</span></div> 300000000 1700000000 1700000000 268000 0.20 0.80 30.3 75000000 68000000 0.0472 700000 7000000 60000000 P20Y 68000000 P20Y 2 4000000 25000000 650000 650000 195000 10300000 1030000 MULTIEMPLOYER BENEFIT PLANS<div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Our subsidiaries make contributions to certain multiemployer defined benefit plans (“Multiemployer Pension Plans”) and health plans (“Multiemployer Health Plans”) for our union represented employees, pursuant to the respective collective bargaining agreements.</span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span><span style="font-family:inherit;font-size:10pt;font-style:italic;text-decoration:underline;">Multiemployer Pension Plans</span></div><div style="line-height:120%;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Multiemployer Pension Plans differ from single-employer pension plans in that (i) contributions to multiemployer plans may be used to provide benefits to employees of other participating employers and (ii) if other participating employers fail to make their contributions, each of our subsidiaries may be required to bear their pro rata share of unfunded obligations.  If a participating subsidiary withdraws from a plan in which it participates, it may be subject to a withdrawal liability.  As of </span><span style="font-family:inherit;font-size:10pt;">December 31, 2019</span><span style="font-family:inherit;font-size:10pt;">, our subsidiaries’ participation in these plans were not significant to our consolidated financial statements.</span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">In the years ended </span><span style="font-family:inherit;font-size:10pt;">December 31, 2019</span><span style="font-family:inherit;font-size:10pt;">, </span><span style="font-family:inherit;font-size:10pt;">2018</span><span style="font-family:inherit;font-size:10pt;"> and </span><span style="font-family:inherit;font-size:10pt;">2017</span><span style="font-family:inherit;font-size:10pt;"> our subsidiaries contributed </span><span style="font-family:inherit;font-size:10pt;"><span>$172,000</span></span><span style="font-family:inherit;font-size:10pt;">, </span><span style="font-family:inherit;font-size:10pt;"><span>$161,000</span></span><span style="font-family:inherit;font-size:10pt;"> and </span><span style="font-family:inherit;font-size:10pt;"><span>$162,000</span></span><span style="font-family:inherit;font-size:10pt;">, respectively, towards Multiemployer Pension Plans. Our subsidiaries’ contributions did not represent more than </span><span style="font-family:inherit;font-size:10pt;">5%</span><span style="font-family:inherit;font-size:10pt;"> of total employer contributions in any of these plans for the years ended </span><span style="font-family:inherit;font-size:10pt;">December 31, 2019</span><span style="font-family:inherit;font-size:10pt;">, </span><span style="font-family:inherit;font-size:10pt;">2018</span><span style="font-family:inherit;font-size:10pt;"> and </span><span style="font-family:inherit;font-size:10pt;">2017</span><span style="font-family:inherit;font-size:10pt;">.</span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;text-decoration:underline;">Multiemployer Health Plans</span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Multiemployer Health Plans in which our subsidiaries participate provide health benefits to eligible active and retired employees.  In the years ended </span><span style="font-family:inherit;font-size:10pt;">December 31, 2019</span><span style="font-family:inherit;font-size:10pt;">, </span><span style="font-family:inherit;font-size:10pt;">2018</span><span style="font-family:inherit;font-size:10pt;"> and </span><span style="font-family:inherit;font-size:10pt;">2017</span><span style="font-family:inherit;font-size:10pt;"> our subsidiaries contributed </span><span style="font-family:inherit;font-size:10pt;"><span>$686,000</span></span><span style="font-family:inherit;font-size:10pt;">, </span><span style="font-family:inherit;font-size:10pt;"><span>$649,000</span></span><span style="font-family:inherit;font-size:10pt;"> and </span><span style="font-family:inherit;font-size:10pt;"><span>$619,000</span></span><span style="font-family:inherit;font-size:10pt;">, respectively, towards these plans.</span></div> 172000 161000 162000 686000 649000 619000 EARNINGS PER SHARE<div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The following table sets forth the computation of basic and diluted income per share, including a reconciliation of net income and the number of shares used in computing basic and diluted income per share.  Basic income per share is determined using the weighted average shares of common stock (including DSUs) outstanding during the period.  Diluted income per share is determined using the weighted average shares of common stock (including DSUs) outstanding during the period, and assumes all potentially dilutive securities were converted into common shares at the earliest date possible.  There were </span><span style="font-family:inherit;font-size:10pt;"><span>no</span></span><span style="font-family:inherit;font-size:10pt;"> potentially dilutive securities outstanding during the years ended </span><span style="font-family:inherit;font-size:10pt;">December 31, 2019</span><span style="font-family:inherit;font-size:10pt;">, </span><span style="font-family:inherit;font-size:10pt;">2018</span><span style="font-family:inherit;font-size:10pt;"> and </span><span style="font-family:inherit;font-size:10pt;">2017</span><span style="font-family:inherit;font-size:10pt;">.</span></div><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="12"/></tr><tr><td style="width:59%;"/><td style="width:1%;"/><td style="width:11%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:11%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:11%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td colspan="11" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">For the Year Ended December 31,</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">(Amounts in thousands, except share and per share amounts)</span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">2019</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">2018</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">2017</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Income from continuing operations</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cbfffd;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>60,075</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cbfffd;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>56,641</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cbfffd;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>80,509</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Loss from discontinued operations (see Note 6)</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>(23,797</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Net income </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cbfffd;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cbfffd;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>60,075</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cbfffd;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cbfffd;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cbfffd;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>32,844</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cbfffd;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cbfffd;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cbfffd;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>80,509</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cbfffd;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Weighted average shares outstanding – basic and diluted</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>5,118,198</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>5,116,838</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>5,115,501</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Income from continuing operations</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cbfffd;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>11.74</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cbfffd;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>11.07</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cbfffd;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>15.74</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Loss from discontinued operations (see Note 6)</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>(4.65</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#ccffff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Net income per common share – basic and diluted</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>11.74</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>6.42</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>15.74</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:inherit;font-size:10pt;"><br/></span></div> <div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The following table sets forth the computation of basic and diluted income per share, including a reconciliation of net income and the number of shares used in computing basic and diluted income per share.  Basic income per share is determined using the weighted average shares of common stock (including DSUs) outstanding during the period.  Diluted income per share is determined using the weighted average shares of common stock (including DSUs) outstanding during the period, and assumes all potentially dilutive securities were converted into common shares at the earliest date possible.  There were </span><span style="font-family:inherit;font-size:10pt;"><span>no</span></span><span style="font-family:inherit;font-size:10pt;"> potentially dilutive securities outstanding during the years ended </span><span style="font-family:inherit;font-size:10pt;">December 31, 2019</span><span style="font-family:inherit;font-size:10pt;">, </span><span style="font-family:inherit;font-size:10pt;">2018</span><span style="font-family:inherit;font-size:10pt;"> and </span><span style="font-family:inherit;font-size:10pt;">2017</span><span style="font-family:inherit;font-size:10pt;">.</span></div><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="12"/></tr><tr><td style="width:59%;"/><td style="width:1%;"/><td style="width:11%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:11%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:11%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td colspan="11" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">For the Year Ended December 31,</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">(Amounts in thousands, except share and per share amounts)</span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">2019</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">2018</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">2017</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Income from continuing operations</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cbfffd;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>60,075</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cbfffd;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>56,641</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cbfffd;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>80,509</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Loss from discontinued operations (see Note 6)</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>(23,797</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Net income </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cbfffd;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cbfffd;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>60,075</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cbfffd;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cbfffd;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cbfffd;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>32,844</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cbfffd;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cbfffd;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cbfffd;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>80,509</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cbfffd;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Weighted average shares outstanding – basic and diluted</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>5,118,198</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>5,116,838</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>5,115,501</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Income from continuing operations</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cbfffd;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>11.74</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cbfffd;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>11.07</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cbfffd;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>15.74</span></span></div></td><td style="vertical-align:bottom;background-color:#cbfffd;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Loss from discontinued operations (see Note 6)</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>(4.65</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#ccffff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Net income per common share – basic and diluted</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>11.74</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>6.42</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>15.74</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:inherit;font-size:10pt;"><br/></span></div> 0 60075000 56641000 80509000 0 -23797000 0 60075000 32844000 80509000 5118198 5116838 5115501 11.74 11.07 15.74 0 -4.65 0 11.74 6.42 15.74 SUMMARY OF QUARTERLY RESULTS (UNAUDITED)<div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="18"/></tr><tr><td style="width:2%;"/><td style="width:38%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:3%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:3%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:3%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:3%;"/></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Net Income (Loss) Per Common Share</span><span style="font-family:inherit;font-size:9pt;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">(1)</sup></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">(Amounts in thousands, except per share amounts)</span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Revenues</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Net Income (Loss)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Basic</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Diluted</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">2019</span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;color:#ee2724;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;color:#ee2724;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;color:#ee2724;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;color:#ee2724;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">December 31</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>55,880</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>14,434</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>2.82</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>2.82</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">September 30</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>57,760</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>16,493</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>3.22</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>3.22</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">June 30</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>55,932</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>11,283</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>2.20</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>2.20</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">March 31</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>56,778</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>17,865</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>3.49</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>3.49</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">2018</span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">December 31</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>57,567</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>9,971</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>1.95</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>1.95</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">September 30</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>59,125</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>15,003</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>2.93</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>2.93</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">June 30</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>58,253</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>17,570</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>3.43</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>3.43</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">March 31</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>57,880</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>(9,700</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">(2)</sup> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>(1.90</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">(2)</sup> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>(1.90</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">(2)</sup> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">_______________________</span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">(1)</span></div></td><td colspan="17" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">The total for the year may differ from the sum of the quarters as a result of weighting. </span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">(2)</span></div></td><td colspan="17" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:justify;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Includes $23,797, or $4.65 per common share, of expense for potential additional New York City real property transfer taxes on the 2012 sale of Kings Plaza.</span></div></td></tr></table></div><span style="font-family:inherit;font-size:10pt;"><br/></span></div> <div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="18"/></tr><tr><td style="width:2%;"/><td style="width:38%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:3%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:3%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:3%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:3%;"/></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Net Income (Loss) Per Common Share</span><span style="font-family:inherit;font-size:9pt;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">(1)</sup></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">(Amounts in thousands, except per share amounts)</span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Revenues</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Net Income (Loss)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Basic</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Diluted</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">2019</span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;color:#ee2724;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;color:#ee2724;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;color:#ee2724;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;color:#ee2724;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">December 31</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>55,880</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>14,434</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>2.82</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>2.82</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">September 30</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>57,760</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>16,493</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>3.22</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>3.22</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">June 30</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>55,932</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>11,283</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>2.20</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>2.20</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">March 31</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>56,778</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>17,865</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>3.49</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>3.49</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">2018</span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">December 31</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>57,567</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>9,971</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>1.95</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>1.95</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">September 30</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>59,125</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>15,003</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>2.93</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>2.93</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">June 30</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>58,253</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>17,570</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>3.43</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>3.43</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">March 31</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>57,880</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>(9,700</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">(2)</sup> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>(1.90</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">(2)</sup> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>(1.90</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">(2)</sup> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">_______________________</span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">(1)</span></div></td><td colspan="17" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">The total for the year may differ from the sum of the quarters as a result of weighting. </span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">(2)</span></div></td><td colspan="17" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:justify;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Includes $23,797, or $4.65 per common share, of expense for potential additional New York City real property transfer taxes on the 2012 sale of Kings Plaza.</span></div></td></tr></table></div><span style="font-family:inherit;font-size:10pt;"><br/></span></div> 55880000 14434000 2.82 2.82 57760000 16493000 3.22 3.22 55932000 11283000 2.20 2.20 56778000 17865000 3.49 3.49 57567000 9971000 1.95 1.95 59125000 15003000 2.93 2.93 58253000 17570000 3.43 3.43 57880000 -9700000 -1.90 -1.90 <div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:97.54335260115607%;border-collapse:collapse;text-align:left;"><tr><td colspan="42"/></tr><tr><td style="width:11%;"/><td style="width:1%;"/><td style="width:5%;"/><td style="width:1%;"/><td style="width:2%;"/><td style="width:1%;"/><td style="width:3%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:5%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:5%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:3%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:5%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:5%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:4%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:5%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:6%;"/><td style="width:1%;"/><td style="width:6%;"/><td style="width:1%;"/><td style="width:7%;"/></tr><tr><td colspan="42" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">ALEXANDER’S, INC. AND SUBSIDIARIES</span></div></td></tr><tr><td colspan="42" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">SCHEDULE III</span></div></td></tr><tr><td colspan="42" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">REAL ESTATE AND ACCUMULATED DEPRECIATION</span></div></td></tr><tr><td colspan="42" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:13px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="42" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">December 31, 2019</span></div></td></tr><tr><td colspan="42" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">(Amounts in thousands)</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="15" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;font-weight:bold;">COLUMN A</span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;font-weight:bold;">COLUMN B</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;font-weight:bold;">COLUMN C</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;font-weight:bold;">COLUMN D</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="15" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;font-weight:bold;">COLUMN E</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;font-weight:bold;">COLUMN F</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;font-weight:bold;">COLUMN G</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;font-weight:bold;">COLUMN H</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;font-weight:bold;">COLUMN I</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;font-weight:bold;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;font-weight:bold;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;font-weight:bold;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;font-weight:bold;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="15" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;font-weight:bold;">Gross Amount at Which</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td rowspan="5" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;font-weight:bold;">Life on which Depreciation in Latest Income Statement is Computed</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;font-weight:bold;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;font-weight:bold;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;font-weight:bold;">Initial Cost to Company</span><span style="font-family:inherit;font-size:6pt;font-weight:bold;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(1)</sup></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" rowspan="4" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;font-weight:bold;">Costs</span></div><div style="text-align:center;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;font-weight:bold;">Capitalized</span></div><div style="text-align:center;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;font-weight:bold;">Subsequent</span></div><div style="text-align:center;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;font-weight:bold;">to Acquisition</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="15" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;font-weight:bold;">Carried at Close of Period</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" rowspan="4" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;font-weight:bold;">Accumulated</span></div><div style="text-align:center;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;font-weight:bold;">Depreciation</span></div><div style="text-align:center;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;font-weight:bold;">and</span></div><div style="text-align:center;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;font-weight:bold;">Amortization</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;font-weight:bold;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;font-weight:bold;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;font-weight:bold;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;font-weight:bold;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" rowspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;font-weight:bold;">Buildings</span></div><div style="text-align:center;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;font-weight:bold;">and Leasehold</span></div><div style="text-align:center;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;font-weight:bold;">Improvements</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" rowspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;font-weight:bold;">Buildings</span></div><div style="text-align:center;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;font-weight:bold;">and Leasehold</span></div><div style="text-align:center;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;font-weight:bold;">Improvements</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" rowspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;font-weight:bold;">Development</span></div><div style="text-align:center;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;font-weight:bold;">and</span></div><div style="text-align:center;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;font-weight:bold;">Construction</span></div><div style="text-align:center;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;font-weight:bold;">In Progress</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;font-weight:bold;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;font-weight:bold;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;font-weight:bold;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;font-weight:bold;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td rowspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;font-weight:bold;">Date of</span></div><div style="text-align:center;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;font-weight:bold;">Construction</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td rowspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;font-weight:bold;">Date</span></div><div style="text-align:center;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;font-weight:bold;">Acquired</span><span style="font-family:inherit;font-size:6pt;font-weight:bold;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(1)</sup></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;font-weight:bold;">Description</span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;font-weight:bold;">Encumbrances</span><span style="font-family:inherit;font-size:6pt;font-weight:bold;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;font-weight:bold;">Land</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;font-weight:bold;">Land</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;font-weight:bold;">Total</span><span style="font-family:inherit;font-size:6pt;font-weight:bold;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(3)</sup></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#ccffff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">New York, NY</span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">Rego Park I</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>1,647</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>8,953</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>61,930</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>1,647</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>62,822</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>8,061</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>72,530</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>36,790</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>1959</span></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>1992</span></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">3-39 years</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#ccffff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">Rego Park II</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>56,836</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(4)</sup> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>3,127</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>1,467</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>388,349</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>3,127</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>389,782</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>34</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>392,943</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>103,688</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>2009</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>1992</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">3-40 years</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">The Alexander apartment tower</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>119,112</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>119,112</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>119,112</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>17,405</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>2016</span></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>1992</span></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">3-39 years</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#ccffff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">Rego Park III</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>779</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>4,297</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>779</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>503</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>3,794</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>5,076</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>290</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">N/A</span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>1992</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">5-15 years</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">Flushing</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>1,660</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>(107</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>1,553</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>1,553</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>1,087</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">1975</span><span style="font-family:inherit;font-size:7pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(5)</sup></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>1992</span></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">N/A</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#ccffff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">Lexington Avenue</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>850,000</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>14,432</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>12,355</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>411,420</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>27,497</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>410,281</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>429</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>438,207</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>165,239</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>2003</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>1992</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">9-39 years</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">Paramus, NJ</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>68,000</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>1,441</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>10,313</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>11,754</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>11,754</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">N/A</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>1992</span></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">N/A</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:17px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:17px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:17px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:17px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:17px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:17px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:17px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:17px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:17px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:17px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:17px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:17px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:17px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:17px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:17px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:17px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:17px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:17px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:17px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:17px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:17px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:17px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:17px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:17px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">Other Properties</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>167</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>1,804</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>(1,804</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>167</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>167</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">N/A</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>1992</span></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">N/A</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">TOTAL</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;border-top:1px solid #000000;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>974,836</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;border-top:1px solid #000000;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>21,593</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;border-top:1px solid #000000;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>26,239</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;border-top:1px solid #000000;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>993,510</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;border-top:1px solid #000000;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>44,971</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;border-top:1px solid #000000;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>984,053</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;border-top:1px solid #000000;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>12,318</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;border-top:1px solid #000000;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>1,041,342</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;border-top:1px solid #000000;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>324,499</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> </span></div></td><td colspan="41" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="42" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">(1) Initial cost is as of May 15, 1992 (the date on which the Company commenced its real estate operations).</span></div></td></tr><tr><td colspan="42" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">(2) Excludes deferred debt issuance costs, net of $3,875.</span></div></td></tr><tr><td colspan="42" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">(3) The net basis of the Company’s assets and liabilities for tax purposes is approximately $171,331 lower than the amount reported for financial statement purposes.</span></div></td></tr><tr><td colspan="42" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">(4) The amount of this loan is net of our $195,708 loan participation.</span></div></td></tr><tr><td colspan="42" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">(5) Represents the date the lease was acquired.</span></div></td></tr></table></div><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="13"/></tr><tr><td style="width:61%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/></tr><tr><td colspan="13" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">ALEXANDER’S, INC. AND SUBSIDIARIES</span></div></td></tr><tr><td colspan="13" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">SCHEDULE III</span></div></td></tr><tr><td colspan="13" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">REAL ESTATE AND ACCUMULATED DEPRECIATION</span></div></td></tr><tr><td colspan="13" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">(Amounts in thousands)</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="11" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">December 31,</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">2019</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">2018</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">2017</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">REAL ESTATE:</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#ccffff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Balance at beginning of period</span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>1,027,691</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>1,037,368</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>1,033,551</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Changes during the period:</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#ccffff;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Land</span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Buildings and leasehold improvements</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>5,579</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>3,218</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>3,046</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#ccffff;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Development and construction in progress</span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>8,072</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>695</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>771</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>1,041,342</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>1,041,281</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>1,037,368</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#ccffff;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Less: Fully depreciated assets</span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>(13,590</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#ccffff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">)</span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Balance at end of period</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>1,041,342</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>1,027,691</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>1,037,368</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:17px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:17px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:17px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:17px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:17px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:17px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:17px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">ACCUMULATED DEPRECIATION:</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#ccffff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Balance at beginning of period</span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>297,421</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>283,044</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>252,737</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Additions charged to operating expenses</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>27,078</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>27,967</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>30,307</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>324,499</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>311,011</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>283,044</span></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Less: Fully depreciated assets</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>(13,590</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#ccffff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Balance at end of period</span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>324,499</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>297,421</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#ccffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffff;"><div style="text-align:left;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>283,044</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#ccffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:inherit;font-size:10pt;"><br/></span></div> 0 1647000 8953000 61930000 1647000 62822000 8061000 72530000 36790000 1959 1992 56836000 3127000 1467000 388349000 3127000 389782000 34000 392943000 103688000 2009 1992 0 0 0 119112000 0 119112000 0 119112000 17405000 2016 1992 0 779000 0 4297000 779000 503000 3794000 5076000 290000 1992 0 0 1660000 -107000 0 1553000 0 1553000 1087000 1992 850000000 14432000 12355000 411420000 27497000 410281000 429000 438207000 165239000 2003 1992 68000000 1441000 0 10313000 11754000 0 0 11754000 0 1992 0 167000 1804000 -1804000 167000 0 0 167000 0 1992 974836000 21593000 26239000 993510000 44971000 984053000 12318000 1041342000 324499000 1027691000 1037368000 1033551000 0 0 0 5579000 3218000 3046000 8072000 695000 771000 1041342000 1041281000 1037368000 0 13590000 0 1041342000 1027691000 1037368000 297421000 283044000 252737000 27078000 27967000 30307000 324499000 311011000 283044000 0 13590000 0 324499000 297421000 283044000 XML 22 R23.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Earnings Per Share
12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Earnings Per Share EARNINGS PER SHARE
The following table sets forth the computation of basic and diluted income per share, including a reconciliation of net income and the number of shares used in computing basic and diluted income per share.  Basic income per share is determined using the weighted average shares of common stock (including DSUs) outstanding during the period.  Diluted income per share is determined using the weighted average shares of common stock (including DSUs) outstanding during the period, and assumes all potentially dilutive securities were converted into common shares at the earliest date possible.  There were no potentially dilutive securities outstanding during the years ended December 31, 2019, 2018 and 2017.
 
 
For the Year Ended December 31,
(Amounts in thousands, except share and per share amounts)
2019
 
2018
 
2017
Income from continuing operations
$
60,075

 
$
56,641

 
$
80,509

Loss from discontinued operations (see Note 6)

 
(23,797
)
 

Net income
$
60,075

 
$
32,844

 
$
80,509

 
 
 
 
 
 
Weighted average shares outstanding – basic and diluted
5,118,198

 
5,116,838

 
5,115,501

 
 
 
 
 
 
Income from continuing operations
$
11.74

 
$
11.07

 
$
15.74

Loss from discontinued operations (see Note 6)

 
(4.65
)
 

Net income per common share – basic and diluted
$
11.74

 
$
6.42

 
$
15.74


XML 23 R27.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2019
Accounting Policies [Abstract]  
Reconciliation Of Net Income Attributable To Common Stockholders To Estimated Taxable Income
The following table reconciles our net income to estimated taxable income for the years ended December 31, 2019, 2018 and 2017.
(Unaudited and in thousands)
Year Ended December 31,
 
2019
 
2018
 
2017
Net income
$
60,075

 
$
32,844

 
$
80,509

Straight-line rent adjustments
2,359

 
5,870

 
4,250

Depreciation and amortization timing differences
2,751

 
(6,586
)
 
3,084

Change in fair value of marketable securities (see Note 5)
8,757

 
11,990

 

Loss from discontinued operations (see Note 6)

 
23,797

 

Other
137

 
440

 
(343
)
Estimated taxable income
$
74,079

 
$
68,355

 
$
87,500


XML 24 R8.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Consolidated Statements of Changes in Equity - Parenthetical - $ / shares
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Statement of Stockholders' Equity [Abstract]      
Dividends paid per common share (in usd per share) $ 18 $ 18 $ 17
XML 25 R11.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Organization
12 Months Ended
Dec. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Organization ORGANIZATION
Alexander’s, Inc. (NYSE: ALX) is a real estate investment trust (“REIT”), incorporated in Delaware, engaged in leasing, managing, developing and redeveloping its properties.  All references to “we,” “us,” “our,” “Company” and “Alexander’s” refer to Alexander’s, Inc. and its consolidated subsidiaries.  We are managed by, and our properties are leased and developed by, Vornado Realty Trust (“Vornado”) (NYSE: VNO).
 
We have seven properties in the greater New York City metropolitan area consisting of:
 
Operating properties
 
731 Lexington Avenue, a 1,323,000 square foot multi-use building, comprising the entire block bounded by Lexington Avenue, East 59th Street, Third Avenue and East 58th Street in Manhattan.  The building contains 920,000 and 155,000 of net rentable square feet of office and retail space, respectively, which we own, and 248,000 square feet of residential space consisting of 105 condominium units, which we sold.  Bloomberg L.P. (“Bloomberg”) occupies all of the office space.  The Home Depot (83,000 square feet) and The Container Store (34,000 square feet) are the principal retail tenants;
 
Rego Park I, a 343,000 square foot shopping center, located on Queens Boulevard and 63rd Road in Queens. On April 4, 2017, Sears closed its 195,000 square foot anchor store at the property ($10,300,000 of annual revenue). On October 15, 2018, Sears filed for Chapter 11 bankruptcy relief and rejected its lease. On September 23, 2019, we leased 113,000 square feet at the property to IKEA Property, Inc. (“IKEA”), replacing a significant portion of the space formerly occupied by Sears. The center is also anchored by a 50,000 square foot Burlington, a 46,000 square foot Bed Bath & Beyond and a 36,000 square foot Marshalls;

Rego Park II, a 609,000 square foot shopping center, adjacent to the Rego Park I shopping center in Queens.  The center is anchored by a 145,000 square foot Costco, a 135,000 square foot Century 21 and a 133,000 square foot Kohl’s. On April 13, 2019, Kohl’s closed its store at the property. On January 24, 2020, Kohl’s subleased its store to At Home and remains obligated under its lease which expires in January 2031;

The Alexander apartment tower, located above our Rego Park II shopping center, contains 312 units aggregating 255,000 square feet;
 
Paramus, located at the intersection of Routes 4 and 17 in Paramus, New Jersey, consists of 30.3 acres of land that is leased to IKEA; and

Flushing, a 167,000 square foot building, located on Roosevelt Avenue and Main Street in Queens, that is sub-leased to New World Mall LLC for the remainder of our ground lease term.
 
Property to be developed
 
Rego Park III, a 140,000 square foot land parcel adjacent to the Rego Park II shopping center in Queens, at the intersection of Junction Boulevard and the Horace Harding Service Road.
 
We have determined that our properties have similar economic characteristics and meet the criteria that permit the properties to be aggregated into one reportable segment (the leasing, management, development and redeveloping of properties in the greater New York City metropolitan area).  Our chief operating decision-maker assesses and measures segment operating results based on a performance measure referred to as net operating income at the individual operating segment.  Net operating income for each property represents net rental revenues less operating expenses.
XML 26 R15.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Marketable Securities
12 Months Ended
Dec. 31, 2019
Marketable Securities [Abstract]  
Marketable Securities MARKETABLE SECURITIES
As of December 31, 2019 and 2018, we owned 535,265 common shares of Macerich.  These shares have an economic cost of $56.05 per share, or $30,000,000 in the aggregate.  As of December 31, 2019 and 2018, the fair value of these shares was $14,409,000 and $23,166,000, respectively, based on Macerich’s closing share price of $26.92 per share and $43.28 per share, respectively.  These shares are included in “marketable securities” on our consolidated balance sheets and are classified as available-for-sale.  Available-for-sale securities are presented at fair value on our consolidated balance sheets and gains and losses resulting from the mark-to-market of these securities are recognized in current period earnings. Prior to January 1, 2018, unrealized gains and losses resulting from the mark-to-market of these securities were included in “other comprehensive income (loss).”  Effective January 1, 2018, changes in the fair value of these securities are recognized in current period earnings in accordance with ASC 825.
XML 27 R4.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
REVENUES      
Rental revenues $ 226,350 $ 232,825 $ 230,574
EXPENSES      
Operating, including fees to Vornado of $5,386, $4,700 and $4,671, respectively (89,738) (93,775) (85,127)
Depreciation and amortization (31,351) (33,089) (34,925)
General and administrative, including management fees to Vornado of $2,380 (5,772) (5,343) (5,255)
Total expenses (126,861) (132,207) (125,307)
Interest and other income, net 8,244 12,546 6,716
Interest and debt expense (38,901) (44,533) (31,474)
Change in fair value of marketable securities (see Note 5) (8,757) (11,990) 0
Income from continuing operations 60,075 56,641 80,509
Loss from discontinued operations (see Note 6) 0 (23,797) 0
Net income $ 60,075 $ 32,844 $ 80,509
Income per common share - basic and diluted:      
Income from continuing operations - basic and diluted (in usd per share) $ 11.74 $ 11.07 $ 15.74
Loss from discontinued operations - basic and diluted (in usd per share) 0 (4.65) 0
Net income per common share - basic and diluted (in usd per share) $ 11.74 $ 6.42 $ 15.74
Weighted average shares outstanding - basic and diluted (in shares) 5,118,198 5,116,838 5,115,501
XML 28 R19.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Leases
12 Months Ended
Dec. 31, 2019
Leases [Abstract]  
Leases LEASES
As Lessor
We lease space to tenants under operating leases in an office building and in retail centers.  The rental terms range from approximately 5 to 25 years.  The leases provide for the payment of fixed base rents payable monthly in advance as well as reimbursements of real estate taxes, insurance and maintenance costs.  Retail leases may also provide for the payment by the lessee of additional rents based on a percentage of their sales. We also lease residential space at The Alexander apartment tower with 1 or 2 year lease terms. We have elected to account for lease revenues (including fixed and variable rent) and the reimbursement of common area maintenance expenses as a single lease component presented as “rental revenues” in our consolidated statements of income.

Under ASC 842, we must assess on an individual lease basis whether it is probable that we will collect the future lease payments. We consider the tenant’s payment history and current credit status when assessing collectability. When collectability is not deemed probable, we write-off the tenant’s receivables, including straight-line rent receivable, and limit lease income to cash received. Changes to the collectability of our operating leases are recorded as adjustments to “rental revenues” on our consolidated statements of income, which resulted in a decrease in income of $209,000 for the year ended December 31, 2019. As a result, there is no allowance for doubtful accounts as of December 31, 2019. The table below summarizes our allowance for doubtful accounts as of December 31, 2018 and 2017.
(Amounts in thousands)
 
Balance at
Beginning
of Year
 
Additions:
Charged
Against
Operations
 
Deductions:
Uncollectible
Accounts
Written Off
 
Balance at End of Year
Allowance for doubtful accounts:
 
 
 
 
 
 
 
 
Year Ended December 31, 2018
 
$
1,501

 
$
4,459

 
$
(5,289
)
 
$
671

 
 
 
 
 
 
 
 
 
Year Ended December 31, 2017
 
$
1,473

 
$
53

 
$
(25
)
 
$
1,501


 
Future undiscounted cash flows under our non-cancelable operating leases are as follows:
 
 
Under ASC 842
(Amounts in thousands)
 
As of December 31, 2019
For the year ending December 31,
 
 
2020
 
$
141,875

2021
 
134,877

2022
 
127,691

2023
 
129,054

2024
 
137,234

Thereafter
 
624,239

 
 
 
Under ASC 840
(Amounts in thousands)
 
As of December 31, 2018
For the year ending December 31,
 
 
2019
 
$
138,784

2020
 
131,647

2021
 
120,450

2022
 
111,532

2023
 
111,962

Thereafter
 
671,111


These amounts do not include reimbursements or additional rents based on a percentage of retail tenants’ sales.

ALEXANDER’S, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)

9.    LEASES - continued
Bloomberg accounted for revenue of $109,113,000, $107,356,000, and $105,224,000 in the years ended December 31, 2019, 2018 and 2017, respectively, representing approximately 48%, 46% and 46% of our total revenues in each year, respectively.  No other tenant accounted for more than 10% of our total revenues.  If we were to lose Bloomberg as a tenant, or if Bloomberg were to be unable to fulfill its obligations under its lease, it would adversely affect our results of operations and financial condition.  In order to assist us in our continuing assessment of Bloomberg’s creditworthiness, we receive certain confidential financial information and metrics from Bloomberg.  In addition, we access and evaluate financial information regarding Bloomberg from other private sources, as well as publicly available data.

On June 28, 2019, we entered into a lease agreement with Bloomberg for an additional 49,000 square feet at our 731 Lexington Avenue property

As Lessee
We are the lessee under a ground lease at our Flushing property, classified as an operating lease, which expires in 2027 and has one 10-year extension option. On January 1, 2019, we recorded a right-of-use asset and lease liability related to this ground lease equal to the present value of the remaining minimum lease payments. As of December 31, 2019, the right-of-use asset of $4,529,000 and the lease liability of $4,845,000, are included in “other assets” and “other liabilities,” respectively, on our consolidated balance sheet. The discount rate applied to measure the right-of-use asset and lease liability is based on the incremental borrowing rate (“IBR”) for the property of 4.53%. We initially consider the general economic environment and factor in various financing and asset specific adjustments so that the IBR is appropriate to the intended use of the underlying lease. As we did not elect to apply hindsight, the lease term assumption determined under ASC 840 was carried forward and applied in calculating our lease liability recorded under ASC 842.
 
Future lease payments under this operating lease, excluding the extension option, are as follows:
 
 
Under ASC 842
(Amounts in thousands)
 
As of December 31, 2019
For the year ending December 31,
 
 
2020
 
$
800

2021
 
800

2022
 
800

2023
 
800

2024
 
800

Thereafter
 
1,600

Total undiscounted cash flows
 
5,600

Present value discount
 
(755
)
Lease liability as of December 31, 2019
 
$
4,845


 
 
Under ASC 840
(Amounts in thousands)
 
As of December 31, 2018
For the year ending December 31,
 
 
2019
 
$
800

2020
 
800

2021
 
800

2022
 
800

2023
 
800

Thereafter
 
2,467



We recognize rent expense as a component of “operating” expenses on our consolidated statements of income on a straight-line basis. Rent expense was $746,000 in each of the years ended December 31, 2019, 2018 and 2017, respectively. Cash paid for rent expense was $800,000, $800,000 and $792,000 in the years ended December 31, 2019, 2018 and 2017, respectively.
Leases LEASES
As Lessor
We lease space to tenants under operating leases in an office building and in retail centers.  The rental terms range from approximately 5 to 25 years.  The leases provide for the payment of fixed base rents payable monthly in advance as well as reimbursements of real estate taxes, insurance and maintenance costs.  Retail leases may also provide for the payment by the lessee of additional rents based on a percentage of their sales. We also lease residential space at The Alexander apartment tower with 1 or 2 year lease terms. We have elected to account for lease revenues (including fixed and variable rent) and the reimbursement of common area maintenance expenses as a single lease component presented as “rental revenues” in our consolidated statements of income.

Under ASC 842, we must assess on an individual lease basis whether it is probable that we will collect the future lease payments. We consider the tenant’s payment history and current credit status when assessing collectability. When collectability is not deemed probable, we write-off the tenant’s receivables, including straight-line rent receivable, and limit lease income to cash received. Changes to the collectability of our operating leases are recorded as adjustments to “rental revenues” on our consolidated statements of income, which resulted in a decrease in income of $209,000 for the year ended December 31, 2019. As a result, there is no allowance for doubtful accounts as of December 31, 2019. The table below summarizes our allowance for doubtful accounts as of December 31, 2018 and 2017.
(Amounts in thousands)
 
Balance at
Beginning
of Year
 
Additions:
Charged
Against
Operations
 
Deductions:
Uncollectible
Accounts
Written Off
 
Balance at End of Year
Allowance for doubtful accounts:
 
 
 
 
 
 
 
 
Year Ended December 31, 2018
 
$
1,501

 
$
4,459

 
$
(5,289
)
 
$
671

 
 
 
 
 
 
 
 
 
Year Ended December 31, 2017
 
$
1,473

 
$
53

 
$
(25
)
 
$
1,501


 
Future undiscounted cash flows under our non-cancelable operating leases are as follows:
 
 
Under ASC 842
(Amounts in thousands)
 
As of December 31, 2019
For the year ending December 31,
 
 
2020
 
$
141,875

2021
 
134,877

2022
 
127,691

2023
 
129,054

2024
 
137,234

Thereafter
 
624,239

 
 
 
Under ASC 840
(Amounts in thousands)
 
As of December 31, 2018
For the year ending December 31,
 
 
2019
 
$
138,784

2020
 
131,647

2021
 
120,450

2022
 
111,532

2023
 
111,962

Thereafter
 
671,111


These amounts do not include reimbursements or additional rents based on a percentage of retail tenants’ sales.

ALEXANDER’S, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)

9.    LEASES - continued
Bloomberg accounted for revenue of $109,113,000, $107,356,000, and $105,224,000 in the years ended December 31, 2019, 2018 and 2017, respectively, representing approximately 48%, 46% and 46% of our total revenues in each year, respectively.  No other tenant accounted for more than 10% of our total revenues.  If we were to lose Bloomberg as a tenant, or if Bloomberg were to be unable to fulfill its obligations under its lease, it would adversely affect our results of operations and financial condition.  In order to assist us in our continuing assessment of Bloomberg’s creditworthiness, we receive certain confidential financial information and metrics from Bloomberg.  In addition, we access and evaluate financial information regarding Bloomberg from other private sources, as well as publicly available data.

On June 28, 2019, we entered into a lease agreement with Bloomberg for an additional 49,000 square feet at our 731 Lexington Avenue property

As Lessee
We are the lessee under a ground lease at our Flushing property, classified as an operating lease, which expires in 2027 and has one 10-year extension option. On January 1, 2019, we recorded a right-of-use asset and lease liability related to this ground lease equal to the present value of the remaining minimum lease payments. As of December 31, 2019, the right-of-use asset of $4,529,000 and the lease liability of $4,845,000, are included in “other assets” and “other liabilities,” respectively, on our consolidated balance sheet. The discount rate applied to measure the right-of-use asset and lease liability is based on the incremental borrowing rate (“IBR”) for the property of 4.53%. We initially consider the general economic environment and factor in various financing and asset specific adjustments so that the IBR is appropriate to the intended use of the underlying lease. As we did not elect to apply hindsight, the lease term assumption determined under ASC 840 was carried forward and applied in calculating our lease liability recorded under ASC 842.
 
Future lease payments under this operating lease, excluding the extension option, are as follows:
 
 
Under ASC 842
(Amounts in thousands)
 
As of December 31, 2019
For the year ending December 31,
 
 
2020
 
$
800

2021
 
800

2022
 
800

2023
 
800

2024
 
800

Thereafter
 
1,600

Total undiscounted cash flows
 
5,600

Present value discount
 
(755
)
Lease liability as of December 31, 2019
 
$
4,845


 
 
Under ASC 840
(Amounts in thousands)
 
As of December 31, 2018
For the year ending December 31,
 
 
2019
 
$
800

2020
 
800

2021
 
800

2022
 
800

2023
 
800

Thereafter
 
2,467



We recognize rent expense as a component of “operating” expenses on our consolidated statements of income on a straight-line basis. Rent expense was $746,000 in each of the years ended December 31, 2019, 2018 and 2017, respectively. Cash paid for rent expense was $800,000, $800,000 and $792,000 in the years ended December 31, 2019, 2018 and 2017, respectively.
XML 29 R36.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Summary of Significant Accounting Policies (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Jan. 01, 2019
New Accounting Pronouncements or Change in Accounting Principle [Line Items]        
Mortgages payable, net of deferred debt issuance costs $ (970,961) $ (965,826)    
Right-of-use asset 4,529      
Lease liability 4,845      
Real estate, net $ 716,843 730,270    
Cash and cash equivalent maturity maximum 3 months      
Accounting Standards Update 2016-02        
New Accounting Pronouncements or Change in Accounting Principle [Line Items]        
Right-of-use asset       $ 5,058
Lease liability       $ 5,428
Previously Reported        
New Accounting Pronouncements or Change in Accounting Principle [Line Items]        
Loan participation balance   195,708    
Restatement Adjustment        
New Accounting Pronouncements or Change in Accounting Principle [Line Items]        
Property rentals   152,795 $ 152,857  
Expense reimbursements   80,030 $ 77,717  
Restatement To Reclassify Rego Park II As A Reduction To Mortage Payable, Net Of Deferred Debt Issuance Costs | Restatement Adjustment        
New Accounting Pronouncements or Change in Accounting Principle [Line Items]        
Mortgages payable, net of deferred debt issuance costs   $ 195,708    
XML 30 R32.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Leases (Tables)
12 Months Ended
Dec. 31, 2019
Leases [Abstract]  
Allowance for Doubtful Accounts The table below summarizes our allowance for doubtful accounts as of December 31, 2018 and 2017.
(Amounts in thousands)
 
Balance at
Beginning
of Year
 
Additions:
Charged
Against
Operations
 
Deductions:
Uncollectible
Accounts
Written Off
 
Balance at End of Year
Allowance for doubtful accounts:
 
 
 
 
 
 
 
 
Year Ended December 31, 2018
 
$
1,501

 
$
4,459

 
$
(5,289
)
 
$
671

 
 
 
 
 
 
 
 
 
Year Ended December 31, 2017
 
$
1,473

 
$
53

 
$
(25
)
 
$
1,501


Lessor, Operating Lease, Payments to be Received, Maturity
Future undiscounted cash flows under our non-cancelable operating leases are as follows:
 
 
Under ASC 842
(Amounts in thousands)
 
As of December 31, 2019
For the year ending December 31,
 
 
2020
 
$
141,875

2021
 
134,877

2022
 
127,691

2023
 
129,054

2024
 
137,234

Thereafter
 
624,239

 
Schedule of Future Minimum Rental Payments Receivable for Operating Leases
 
 
Under ASC 840
(Amounts in thousands)
 
As of December 31, 2018
For the year ending December 31,
 
 
2019
 
$
138,784

2020
 
131,647

2021
 
120,450

2022
 
111,532

2023
 
111,962

Thereafter
 
671,111


Lessee, Operating Lease, Liability, Maturity
Future lease payments under this operating lease, excluding the extension option, are as follows:
 
 
Under ASC 842
(Amounts in thousands)
 
As of December 31, 2019
For the year ending December 31,
 
 
2020
 
$
800

2021
 
800

2022
 
800

2023
 
800

2024
 
800

Thereafter
 
1,600

Total undiscounted cash flows
 
5,600

Present value discount
 
(755
)
Lease liability as of December 31, 2019
 
$
4,845


Schedule of Future Minimum Rental Payments for Operating Leases
 
 
Under ASC 840
(Amounts in thousands)
 
As of December 31, 2018
For the year ending December 31,
 
 
2019
 
$
800

2020
 
800

2021
 
800

2022
 
800

2023
 
800

Thereafter
 
2,467


XML 31 R53.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Leases - Lessee Narrative (Details)
$ in Thousands
12 Months Ended
Dec. 31, 2019
USD ($)
option
Dec. 31, 2018
USD ($)
Dec. 31, 2017
USD ($)
Leases [Abstract]      
Number of extension options (option) | option 1    
Lessee, operating lease, renewal term (years) 10 years    
Right-of-use asset $ 4,529    
Lease liability $ 4,845    
Weighted average discount rate (percentage) 4.53%    
Operating leases, rent expense $ 746 $ 746 $ 746
Operating lease, payments $ 800 $ 800 $ 792
XML 32 R57.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Commitments and Contingencies (Insurance) (Details)
12 Months Ended
Dec. 31, 2019
USD ($)
Insurance  
Insurance maximum coverage per incident $ 300,000,000
Insurance maximum coverage per property 300,000,000
All Risk Property And Rental Value  
Insurance  
Insurance maximum coverage per incident 1,700,000,000
Terrorism Coverage Including NBCR  
Insurance  
Insurance maximum coverage per incident $ 1,700,000,000
Insurance coverage end date Dec. 01, 2027
Insurance maximum coverage in aggregate $ 1,700,000,000.0
NBCR  
Insurance  
Self Insured Responsibility (in percentage) 20.00%
Federal Government Responsibility (in percentage) 80.00%
FNSIC  
Insurance  
Insurance deductible $ 268,000
ZIP 33 0000003499-20-000005-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0000003499-20-000005-xbrl.zip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end JSON 34 MetaLinks.json IDEA: XBRL DOCUMENT { "instance": { "alx10-k123119.htm": { "axisCustom": 5, "axisStandard": 32, "contextCount": 226, "dts": { "calculationLink": { "local": [ "alx-20191231_cal.xml" ] }, "definitionLink": { "local": [ "alx-20191231_def.xml" ], "remote": [ "http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-eedm-def-2019-01-31.xml", "http://xbrl.fasb.org/srt/2019/elts/srt-eedm1-def-2019-01-31.xml" ] }, "inline": { "local": [ "alx10-k123119.htm" ] }, "labelLink": { "local": [ "alx-20191231_lab.xml" ], "remote": [ "https://xbrl.sec.gov/dei/2019/dei-doc-2019-01-31.xml", "http://xbrl.fasb.org/srt/2019/elts/srt-doc-2019-01-31.xml", "http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-doc-2019-01-31.xml" ] }, "presentationLink": { "local": [ "alx-20191231_pre.xml" ] }, "referenceLink": { "remote": [ "https://xbrl.sec.gov/dei/2019/dei-ref-2019-01-31.xml", "http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-ref-2019-01-31.xml", "http://xbrl.fasb.org/srt/2019/elts/srt-ref-2019-01-31.xml" ] }, "schema": { "local": [ "alx-20191231.xsd" ], "remote": [ "http://xbrl.fasb.org/srt/2019/elts/srt-types-2019-01-31.xsd", "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd", "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd", "http://www.xbrl.org/2003/xl-2003-12-31.xsd", "http://www.xbrl.org/2003/xlink-2003-12-31.xsd", "http://www.xbrl.org/dtr/type/numeric-2009-12-16.xsd", "http://www.xbrl.org/dtr/type/nonNumeric-2009-12-16.xsd", "http://www.xbrl.org/2006/ref-2006-02-27.xsd", "http://xbrl.fasb.org/srt/2019/elts/srt-2019-01-31.xsd", "http://www.xbrl.org/2005/xbrldt-2005.xsd", "http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd", "http://xbrl.fasb.org/us-gaap/2019/elts/us-roles-2019-01-31.xsd", "http://xbrl.fasb.org/srt/2019/elts/srt-roles-2019-01-31.xsd", "https://xbrl.sec.gov/country/2017/country-2017-01-31.xsd", "http://xbrl.fasb.org/us-gaap/2019/elts/us-types-2019-01-31.xsd", "http://www.xbrl.org/lrr/arcrole/factExplanatory-2009-12-16.xsd", "http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd", "http://www.xbrl.org/lrr/role/net-2009-12-16.xsd", "https://xbrl.sec.gov/currency/2019/currency-2019-01-31.xsd", "https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd", "https://xbrl.sec.gov/exch/2019/exch-2019-01-31.xsd", "http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd", "http://xbrl.sec.gov/naics/2017/naics-2017-01-31.xsd", "http://xbrl.sec.gov/sic/2011/sic-2011-01-31.xsd", "https://xbrl.sec.gov/stpr/2018/stpr-2018-01-31.xsd", "http://www.xbrl.org/lrr/role/deprecated-2009-12-16.xsd", "http://www.xbrl.org/lrr/role/reference-2009-12-16.xsd", "http://xbrl.fasb.org/us-gaap/2019/elts/us-parts-codification-2019-01-31.xsd" ] } }, "elementCount": 555, "entityCount": 1, "hidden": { "http://fasb.org/us-gaap/2019-01-31": 63, "http://www.alx-inc.com/20191231": 9, "http://xbrl.sec.gov/dei/2019-01-31": 5, "total": 77 }, "keyCustom": 56, "keyStandard": 323, "memberCustom": 48, "memberStandard": 36, "nsprefix": "alx", "nsuri": "http://www.alx-inc.com/20191231", "report": { "R1": { "firstAnchor": { "ancestors": [ "span", "div", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": null, "first": true, "lang": "en-US", "name": "dei:DocumentType", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "document", "isDefault": "true", "longName": "0001000 - Document - Document and Entity Information", "role": "http://www.alx-inc.com/role/DocumentAndEntityInformation", "shortName": "Document and Entity Information", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": null, "first": true, "lang": "en-US", "name": "dei:DocumentType", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R10": { "firstAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": "-3", "first": true, "lang": null, "name": "alx:NonCashAdditionsToRealEstate", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "statement", "isDefault": "false", "longName": "1005501 - Statement - Consolidated Statements of Cash Flows (Parentheticals)", "role": "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlowsParentheticals", "shortName": "Consolidated Statements of Cash Flows (Parentheticals)", "subGroupType": "parenthetical", "uniqueAnchor": null }, "R11": { "firstAnchor": { "ancestors": [ "span", "div", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:NatureOfOperations", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2101100 - Disclosure - Organization", "role": "http://www.alx-inc.com/role/Organization", "shortName": "Organization", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:NatureOfOperations", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R12": { "firstAnchor": { "ancestors": [ "span", "div", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:SignificantAccountingPoliciesTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2101100 - Disclosure - Summary of Significant Accounting Policies", "role": "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPolicies", "shortName": "Summary of Significant Accounting Policies", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:SignificantAccountingPoliciesTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R13": { "firstAnchor": { "ancestors": [ "span", "div", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:RevenueFromContractWithCustomerTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2103100 - Disclosure - Revenue Recognition", "role": "http://www.alx-inc.com/role/RevenueRecognition", "shortName": "Revenue Recognition", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:RevenueFromContractWithCustomerTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R14": { "firstAnchor": { "ancestors": [ "span", "div", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:RelatedPartyTransactionsDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2105100 - Disclosure - Related Party Transactions", "role": "http://www.alx-inc.com/role/RelatedPartyTransactions", "shortName": "Related Party Transactions", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:RelatedPartyTransactionsDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R15": { "firstAnchor": { "ancestors": [ "span", "div", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2106100 - Disclosure - Marketable Securities", "role": "http://www.alx-inc.com/role/MarketableSecurities", "shortName": "Marketable Securities", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R16": { "firstAnchor": { "ancestors": [ "span", "div", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:DisposalGroupsIncludingDiscontinuedOperationsDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2107100 - Disclosure - Discontinued Operations", "role": "http://www.alx-inc.com/role/DiscontinuedOperations", "shortName": "Discontinued Operations", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:DisposalGroupsIncludingDiscontinuedOperationsDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R17": { "firstAnchor": { "ancestors": [ "span", "div", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:MortgageNotesPayableDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2108100 - Disclosure - Mortgages Payable", "role": "http://www.alx-inc.com/role/MortgagesPayable", "shortName": "Mortgages Payable", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:MortgageNotesPayableDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R18": { "firstAnchor": { "ancestors": [ "span", "div", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:FairValueDisclosuresTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2110100 - Disclosure - Fair Value Measurements", "role": "http://www.alx-inc.com/role/FairValueMeasurements", "shortName": "Fair Value Measurements", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:FairValueDisclosuresTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R19": { "firstAnchor": { "ancestors": [ "span", "div", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:OperatingLeasesOfLessorDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2111100 - Disclosure - Leases", "role": "http://www.alx-inc.com/role/Leases", "shortName": "Leases", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:OperatingLeasesOfLessorDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R2": { "firstAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FI2019Q4", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:Land", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "statement", "isDefault": "false", "longName": "1001000 - Statement - Consolidated Balance Sheets", "role": "http://www.alx-inc.com/role/ConsolidatedBalanceSheets", "shortName": "Consolidated Balance Sheets", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FI2019Q4", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:Land", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R20": { "firstAnchor": { "ancestors": [ "span", "div", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2113100 - Disclosure - Stock-Based Compensation", "role": "http://www.alx-inc.com/role/StockBasedCompensation", "shortName": "Stock-Based Compensation", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R21": { "firstAnchor": { "ancestors": [ "span", "div", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:CommitmentsAndContingenciesDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2114100 - Disclosure - Commitments and Contingencies", "role": "http://www.alx-inc.com/role/CommitmentsAndContingencies", "shortName": "Commitments and Contingencies", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:CommitmentsAndContingenciesDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R22": { "firstAnchor": { "ancestors": [ "span", "div", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:PensionAndOtherPostretirementBenefitsDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2115100 - Disclosure - Multiemployer Benefit Plans", "role": "http://www.alx-inc.com/role/MultiemployerBenefitPlans", "shortName": "Multiemployer Benefit Plans", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:PensionAndOtherPostretirementBenefitsDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R23": { "firstAnchor": { "ancestors": [ "span", "div", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:EarningsPerShareTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2116100 - Disclosure - Earnings Per Share", "role": "http://www.alx-inc.com/role/EarningsPerShare", "shortName": "Earnings Per Share", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:EarningsPerShareTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R24": { "firstAnchor": { "ancestors": [ "span", "div", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:QuarterlyFinancialInformationTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2117100 - Disclosure - Summary Of Quarterly Results (Unaudited)", "role": "http://www.alx-inc.com/role/SummaryOfQuarterlyResultsUnaudited", "shortName": "Summary Of Quarterly Results (Unaudited)", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:QuarterlyFinancialInformationTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R25": { "firstAnchor": { "ancestors": [ "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": null, "first": true, "lang": "en-US", "name": "srt:RealEstateAndAccumulatedDepreciationDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2119100 - Disclosure - Schedule III: Real Estate and Accumulated Depreciation", "role": "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciation", "shortName": "Schedule III: Real Estate and Accumulated Depreciation", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": null, "first": true, "lang": "en-US", "name": "srt:RealEstateAndAccumulatedDepreciationDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R26": { "firstAnchor": { "ancestors": [ "span", "div", "ix:continuation", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:BasisOfAccountingPolicyPolicyTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2201201 - Disclosure - Summary of Significant Accounting Policies (Policies)", "role": "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesPolicies", "shortName": "Summary of Significant Accounting Policies (Policies)", "subGroupType": "policies", "uniqueAnchor": { "ancestors": [ "span", "div", "ix:continuation", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:BasisOfAccountingPolicyPolicyTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R27": { "firstAnchor": { "ancestors": [ "ix:continuation", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": null, "first": true, "lang": "en-US", "name": "alx:ReconciliationOfNetIncomeAttributableToCommonShareholdersToEstimatedTaxableIncomeTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2301302 - Disclosure - Summary of Significant Accounting Policies (Tables)", "role": "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesTables", "shortName": "Summary of Significant Accounting Policies (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "ix:continuation", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": null, "first": true, "lang": "en-US", "name": "alx:ReconciliationOfNetIncomeAttributableToCommonShareholdersToEstimatedTaxableIncomeTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R28": { "firstAnchor": { "ancestors": [ "ix:continuation", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:DisaggregationOfRevenueTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2303301 - Disclosure - Revenue Recognition (Tables)", "role": "http://www.alx-inc.com/role/RevenueRecognitionTables", "shortName": "Revenue Recognition (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "ix:continuation", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:DisaggregationOfRevenueTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R29": { "firstAnchor": { "ancestors": [ "ix:continuation", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfRelatedPartyTransactionsTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2305301 - Disclosure - Related Party Transactions (Tables)", "role": "http://www.alx-inc.com/role/RelatedPartyTransactionsTables", "shortName": "Related Party Transactions (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "ix:continuation", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfRelatedPartyTransactionsTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R3": { "firstAnchor": null, "groupType": "statement", "isDefault": "false", "longName": "1001501 - Statement - Consolidated Balance Sheets (Parentheticals)", "role": "http://www.alx-inc.com/role/ConsolidatedBalanceSheetsParentheticals", "shortName": "Consolidated Balance Sheets (Parentheticals)", "subGroupType": "parenthetical", "uniqueAnchor": null }, "R30": { "firstAnchor": { "ancestors": [ "ix:continuation", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfDebtInstrumentsTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2308301 - Disclosure - Mortgages Payable (Tables)", "role": "http://www.alx-inc.com/role/MortgagesPayableTables", "shortName": "Mortgages Payable (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "ix:continuation", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfDebtInstrumentsTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R31": { "firstAnchor": { "ancestors": [ "ix:continuation", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:FairValueAssetsMeasuredOnRecurringBasisTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2310301 - Disclosure - Fair Value Measurements (Tables)", "role": "http://www.alx-inc.com/role/FairValueMeasurementsTables", "shortName": "Fair Value Measurements (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "ix:continuation", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:FairValueAssetsMeasuredOnRecurringBasisTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R32": { "firstAnchor": { "ancestors": [ "span", "div", "ix:continuation", "ix:continuation", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:AccountsReceivableAllowanceForCreditLossTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2311301 - Disclosure - Leases (Tables)", "role": "http://www.alx-inc.com/role/LeasesTables", "shortName": "Leases (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "span", "div", "ix:continuation", "ix:continuation", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:AccountsReceivableAllowanceForCreditLossTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R33": { "firstAnchor": { "ancestors": [ "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2316301 - Disclosure - Earnings Per Share (Tables)", "role": "http://www.alx-inc.com/role/EarningsPerShareTables", "shortName": "Earnings Per Share (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R34": { "firstAnchor": { "ancestors": [ "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfQuarterlyFinancialInformationTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2317301 - Disclosure - Summary Of Quarterly Results (Unaudited) (Tables)", "role": "http://www.alx-inc.com/role/SummaryOfQuarterlyResultsUnauditedTables", "shortName": "Summary Of Quarterly Results (Unaudited) (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfQuarterlyFinancialInformationTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R35": { "firstAnchor": { "ancestors": [ "span", "span", "div", "ix:continuation", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FI2019Q4", "decimals": "INF", "first": true, "lang": null, "name": "us-gaap:NumberOfRealEstateProperties", "reportCount": 1, "unique": true, "unitRef": "property", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2401401 - Disclosure - Organization (Details)", "role": "http://www.alx-inc.com/role/OrganizationDetails", "shortName": "Organization (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "span", "div", "ix:continuation", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FI2019Q4", "decimals": "INF", "first": true, "lang": null, "name": "us-gaap:NumberOfRealEstateProperties", "reportCount": 1, "unique": true, "unitRef": "property", "xsiNil": "false" } }, "R36": { "firstAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FI2019Q4", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:NotesPayable", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2401403 - Disclosure - Summary of Significant Accounting Policies (Details)", "role": "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesDetails", "shortName": "Summary of Significant Accounting Policies (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "span", "ix:continuation", "div", "ix:continuation", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": null, "lang": "en-US", "name": "alx:CashAndCashEquivalentMaturityMaximum", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R37": { "firstAnchor": { "ancestors": [ "span", "span", "ix:continuation", "div", "ix:continuation", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": "INF", "first": true, "lang": null, "name": "alx:InternalTaxableIncomeDistributionPolicy", "reportCount": 1, "unique": true, "unitRef": "number", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2401404 - Disclosure - Summary of Significant Accounting Policies (Income Taxes) (Details)", "role": "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesIncomeTaxesDetails", "shortName": "Summary of Significant Accounting Policies (Income Taxes) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "span", "ix:continuation", "div", "ix:continuation", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": "INF", "first": true, "lang": null, "name": "alx:InternalTaxableIncomeDistributionPolicy", "reportCount": 1, "unique": true, "unitRef": "number", "xsiNil": "false" } }, "R38": { "firstAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "us-gaap:DisaggregationOfRevenueTableTextBlock", "ix:continuation", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:OperatingLeaseLeaseIncome", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2403402 - Disclosure - Revenue Recognition - Disaggregation of Revenue (Details)", "role": "http://www.alx-inc.com/role/RevenueRecognitionDisaggregationOfRevenueDetails", "shortName": "Revenue Recognition - Disaggregation of Revenue (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "us-gaap:DisaggregationOfRevenueTableTextBlock", "ix:continuation", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD_srt_ProductOrServiceAxis_us-gaap_ParkingMember", "decimals": "-3", "lang": null, "name": "us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R39": { "firstAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "us-gaap:OperatingLeaseLeaseIncomeTableTextBlock", "ix:continuation", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:OperatingLeaseLeaseIncomeLeasePayments", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2403403 - Disclosure - Revenue Recognition - Components of Lease Revenue (Details)", "role": "http://www.alx-inc.com/role/RevenueRecognitionComponentsOfLeaseRevenueDetails", "shortName": "Revenue Recognition - Components of Lease Revenue (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "us-gaap:OperatingLeaseLeaseIncomeTableTextBlock", "ix:continuation", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:OperatingLeaseLeaseIncomeLeasePayments", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R4": { "firstAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:Revenues", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "statement", "isDefault": "false", "longName": "1002000 - Statement - Consolidated Statements of Income", "role": "http://www.alx-inc.com/role/ConsolidatedStatementsOfIncome", "shortName": "Consolidated Statements of Income", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": "-3", "lang": null, "name": "us-gaap:OperatingCostsAndExpenses", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R40": { "firstAnchor": { "ancestors": [ "span", "span", "ix:continuation", "div", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FI2018Q2_alx_RealEstatePropertyOccupantAxis_alx_ToysRUsMember_srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis_srt_RetailSiteMember_srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis_alx_RegoPark2PropertyMember", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:AreaOfRealEstateProperty", "reportCount": 1, "unique": true, "unitRef": "sqft", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2405402 - Disclosure - Related Party Transactions (Details)", "role": "http://www.alx-inc.com/role/RelatedPartyTransactionsDetails", "shortName": "Related Party Transactions (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "span", "ix:continuation", "div", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FI2018Q2_alx_RealEstatePropertyOccupantAxis_alx_ToysRUsMember_srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis_srt_RetailSiteMember_srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis_alx_RegoPark2PropertyMember", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:AreaOfRealEstateProperty", "reportCount": 1, "unique": true, "unitRef": "sqft", "xsiNil": "false" } }, "R41": { "firstAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "us-gaap:ScheduleOfRelatedPartyTransactionsTableTextBlock", "ix:continuation", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_srt_AffiliatedEntityMember", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2405403 - Disclosure - Related Party Transactions (Fees to Vornado) (Details)", "role": "http://www.alx-inc.com/role/RelatedPartyTransactionsFeesToVornadoDetails", "shortName": "Related Party Transactions (Fees to Vornado) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "us-gaap:ScheduleOfRelatedPartyTransactionsTableTextBlock", "ix:continuation", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_srt_AffiliatedEntityMember", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R42": { "firstAnchor": { "ancestors": [ "span", "span", "div", "ix:continuation", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FI2019Q4", "decimals": "INF", "first": true, "lang": null, "name": "us-gaap:InvestmentOwnedBalanceShares", "reportCount": 1, "unique": true, "unitRef": "shares", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2406402 - Disclosure - Marketable Securities (Details)", "role": "http://www.alx-inc.com/role/MarketableSecuritiesDetails", "shortName": "Marketable Securities (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "span", "div", "ix:continuation", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FI2019Q4", "decimals": "INF", "first": true, "lang": null, "name": "us-gaap:InvestmentOwnedBalanceShares", "reportCount": 1, "unique": true, "unitRef": "shares", "xsiNil": "false" } }, "R43": { "firstAnchor": { "ancestors": [ "span", "span", "ix:continuation", "div", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2018Q1QTD", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:RealEstateTaxExpense", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2407402 - Disclosure - Discontinued Operations (Details)", "role": "http://www.alx-inc.com/role/DiscontinuedOperationsDetails", "shortName": "Discontinued Operations (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "span", "ix:continuation", "div", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2018Q1QTD", "decimals": "-3", "lang": null, "name": "alx:AdditionalRealEstateTransferTax", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R44": { "firstAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FI2019Q4", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:NotesPayable", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2408402 - Disclosure - Mortgages Payable (Narrative) (Details)", "role": "http://www.alx-inc.com/role/MortgagesPayableNarrativeDetails", "shortName": "Mortgages Payable (Narrative) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "span", "div", "ix:continuation", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FI2019Q4", "decimals": "-3", "lang": null, "name": "alx:PledgedAssetsSeperatelyReportedRealEstatePledgedAsCollateralAtCarryingValue", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R45": { "firstAnchor": { "ancestors": [ "span", "span", "span", "div", "td", "tr", "table", "div", "div", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": null, "first": true, "lang": "en-US", "name": "dei:DocumentPeriodEndDate", "reportCount": 1, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2408403 - Disclosure - Mortgages Payable (Outstanding mortgages payable) (Details)", "role": "http://www.alx-inc.com/role/MortgagesPayableOutstandingMortgagesPayableDetails", "shortName": "Mortgages Payable (Outstanding mortgages payable) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "us-gaap:ScheduleOfDebtInstrumentsTextBlock", "ix:continuation", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FI2019Q4_us-gaap_LongtermDebtTypeAxis_us-gaap_MortgagesMember", "decimals": "-3", "lang": null, "name": "alx:NotesPayableGross", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R46": { "firstAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "ix:continuation", "ix:continuation", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FI2019Q4", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2408404 - Disclosure - Mortgages Payable (Principal repayments for the next five years) (Details)", "role": "http://www.alx-inc.com/role/MortgagesPayablePrincipalRepaymentsForNextFiveYearsDetails", "shortName": "Mortgages Payable (Principal repayments for the next five years) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "ix:continuation", "ix:continuation", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FI2019Q4", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R47": { "firstAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "us-gaap:FairValueAssetsMeasuredOnRecurringBasisTextBlock", "ix:continuation", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FI2019Q4_us-gaap_FairValueByMeasurementFrequencyAxis_us-gaap_FairValueMeasurementsRecurringMember_us-gaap_FinancialInstrumentAxis_us-gaap_SecuritiesAssetsMember", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:InvestmentsFairValueDisclosure", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2410402 - Disclosure - Fair Value Measurements (Financial Assets and Liabilities Measured at Fair Value) (Details)", "role": "http://www.alx-inc.com/role/FairValueMeasurementsFinancialAssetsAndLiabilitiesMeasuredAtFairValueDetails", "shortName": "Fair Value Measurements (Financial Assets and Liabilities Measured at Fair Value) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "us-gaap:FairValueAssetsMeasuredOnRecurringBasisTextBlock", "ix:continuation", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FI2019Q4_us-gaap_FairValueByMeasurementFrequencyAxis_us-gaap_FairValueMeasurementsRecurringMember_us-gaap_FinancialInstrumentAxis_us-gaap_SecuritiesAssetsMember", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:InvestmentsFairValueDisclosure", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R48": { "firstAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "ix:continuation", "ix:continuation", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FI2019Q4_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:CashAndCashEquivalentsFairValueDisclosure", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2410403 - Disclosure - Fair Value Measurements (Financial Assets and Liabilities Not Measured at Fair Value) (Details)", "role": "http://www.alx-inc.com/role/FairValueMeasurementsFinancialAssetsAndLiabilitiesNotMeasuredAtFairValueDetails", "shortName": "Fair Value Measurements (Financial Assets and Liabilities Not Measured at Fair Value) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "ix:continuation", "ix:continuation", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FI2019Q4_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:CashAndCashEquivalentsFairValueDisclosure", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R49": { "firstAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "ix:continuation", "ix:continuation", "ix:continuation", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FI2017Q4", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:AllowanceForDoubtfulAccountsReceivable", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2411402 - Disclosure - Leases - Allowance for Doubtful Accounts (Details)", "role": "http://www.alx-inc.com/role/LeasesAllowanceForDoubtfulAccountsDetails", "shortName": "Leases - Allowance for Doubtful Accounts (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "ix:continuation", "ix:continuation", "ix:continuation", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2018Q4YTD", "decimals": "-3", "lang": null, "name": "us-gaap:AllowanceForDoubtfulAccountsReceivableRecoveries", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R5": { "firstAnchor": null, "groupType": "statement", "isDefault": "false", "longName": "1002501 - Statement - Consolidated Statements of Income (Parentheticals)", "role": "http://www.alx-inc.com/role/ConsolidatedStatementsOfIncomeParentheticals", "shortName": "Consolidated Statements of Income (Parentheticals)", "subGroupType": "parenthetical", "uniqueAnchor": null }, "R50": { "firstAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "ix:continuation", "us-gaap:ScheduleOfQuarterlyFinancialInformationTableTextBlock", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4QTD", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:NetIncomeLoss", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2411403 - Disclosure - Leases - Lessor Narrative (Details)", "role": "http://www.alx-inc.com/role/LeasesLessorNarrativeDetails", "shortName": "Leases - Lessor Narrative (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "span", "div", "ix:continuation", "ix:continuation", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "I2018Q2Jun28_srt_MajorCustomersAxis_alx_BloombergMember_srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis_alx_LexingtonAvenuePropertyMember", "decimals": "-3", "lang": null, "name": "us-gaap:AreaOfRealEstateProperty", "reportCount": 1, "unique": true, "unitRef": "sqft", "xsiNil": "false" } }, "R51": { "firstAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "ix:continuation", "div", "ix:continuation", "ix:continuation", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FI2019Q4", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2411404 - Disclosure - Leases - Future Base Rental Revenue for Topic 842 (Details)", "role": "http://www.alx-inc.com/role/LeasesFutureBaseRentalRevenueForTopic842Details", "shortName": "Leases - Future Base Rental Revenue for Topic 842 (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "ix:continuation", "div", "ix:continuation", "ix:continuation", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FI2019Q4", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R52": { "firstAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "alx:ScheduleofFutureMinimumRentalPaymentsReceivableforOperatingLeasesTableTextBlock", "div", "ix:continuation", "ix:continuation", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FI2018Q4", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:OperatingLeasesFutureMinimumPaymentsReceivableCurrent", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2411405 - Disclosure - Leases - Future Base Rental Revenue for Topic 840 (Details)", "role": "http://www.alx-inc.com/role/LeasesFutureBaseRentalRevenueForTopic840Details", "shortName": "Leases - Future Base Rental Revenue for Topic 840 (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "alx:ScheduleofFutureMinimumRentalPaymentsReceivableforOperatingLeasesTableTextBlock", "div", "ix:continuation", "ix:continuation", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FI2018Q4", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:OperatingLeasesFutureMinimumPaymentsReceivableCurrent", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R53": { "firstAnchor": { "ancestors": [ "span", "span", "div", "ix:continuation", "ix:continuation", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FI2019Q4", "decimals": "INF", "first": true, "lang": null, "name": "alx:LesseeOperatingLeaseNumberOfExtensionOptions", "reportCount": 1, "unique": true, "unitRef": "option", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2411406 - Disclosure - Leases - Lessee Narrative (Details)", "role": "http://www.alx-inc.com/role/LeasesLesseeNarrativeDetails", "shortName": "Leases - Lessee Narrative (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "span", "div", "ix:continuation", "ix:continuation", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FI2019Q4", "decimals": "INF", "first": true, "lang": null, "name": "alx:LesseeOperatingLeaseNumberOfExtensionOptions", "reportCount": 1, "unique": true, "unitRef": "option", "xsiNil": "false" } }, "R54": { "firstAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "us-gaap:LesseeOperatingLeaseLiabilityMaturityTableTextBlock", "ix:continuation", "ix:continuation", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FI2019Q4", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2411407 - Disclosure - Leases - Future Lease Payments Under Operating Lease for Topic 842 (Details)", "role": "http://www.alx-inc.com/role/LeasesFutureLeasePaymentsUnderOperatingLeaseForTopic842Details", "shortName": "Leases - Future Lease Payments Under Operating Lease for Topic 842 (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "us-gaap:LesseeOperatingLeaseLiabilityMaturityTableTextBlock", "ix:continuation", "ix:continuation", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FI2019Q4", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R55": { "firstAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "us-gaap:ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock", "ix:continuation", "ix:continuation", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FI2018Q4", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:OperatingLeasesFutureMinimumPaymentsDueCurrent", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2411408 - Disclosure - Leases - Future Lease Payments Under Operating Lease for Topic 840 (Details)", "role": "http://www.alx-inc.com/role/LeasesFutureLeasePaymentsUnderOperatingLeaseForTopic840Details", "shortName": "Leases - Future Lease Payments Under Operating Lease for Topic 840 (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "us-gaap:ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock", "ix:continuation", "ix:continuation", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FI2018Q4", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:OperatingLeasesFutureMinimumPaymentsDueCurrent", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R56": { "firstAnchor": { "ancestors": [ "span", "span", "ix:continuation", "div", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "D2019Q2May16_srt_TitleOfIndividualAxis_srt_DirectorMember", "decimals": "INF", "first": true, "lang": null, "name": "alx:ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGrantedPerDirector", "reportCount": 1, "unique": true, "unitRef": "shares", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2413401 - Disclosure - Stock-Based Compensation (Details)", "role": "http://www.alx-inc.com/role/StockBasedCompensationDetails", "shortName": "Stock-Based Compensation (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "span", "ix:continuation", "div", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "D2019Q2May16_srt_TitleOfIndividualAxis_srt_DirectorMember", "decimals": "INF", "first": true, "lang": null, "name": "alx:ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGrantedPerDirector", "reportCount": 1, "unique": true, "unitRef": "shares", "xsiNil": "false" } }, "R57": { "firstAnchor": { "ancestors": [ "span", "span", "div", "ix:continuation", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": "INF", "first": true, "lang": null, "name": "alx:InsuranceMaximumCoveragePerIncident", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2414401 - Disclosure - Commitments and Contingencies (Insurance) (Details)", "role": "http://www.alx-inc.com/role/CommitmentsAndContingenciesInsuranceDetails", "shortName": "Commitments and Contingencies (Insurance) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "span", "div", "ix:continuation", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": "INF", "first": true, "lang": null, "name": "alx:InsuranceMaximumCoveragePerIncident", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R58": { "firstAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FI2019Q4", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:NotesPayable", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2414402 - Disclosure - Commitments and Contingencies (Litigation and contingencies) (Details)", "role": "http://www.alx-inc.com/role/CommitmentsAndContingenciesLitigationAndContingenciesDetails", "shortName": "Commitments and Contingencies (Litigation and contingencies) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "span", "div", "ix:continuation", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FI2019Q4", "decimals": "-3", "lang": null, "name": "us-gaap:LettersOfCreditOutstandingAmount", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R59": { "firstAnchor": { "ancestors": [ "span", "span", "div", "ix:continuation", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD_us-gaap_MultiemployerPlanTypeAxis_us-gaap_MultiemployerPlansPensionMember", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:MultiemployerPlanContributionsByEmployer", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2415401 - Disclosure - Multiemployer Benefit Plans (Details)", "role": "http://www.alx-inc.com/role/MultiemployerBenefitPlansDetails", "shortName": "Multiemployer Benefit Plans (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "span", "div", "ix:continuation", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD_us-gaap_MultiemployerPlanTypeAxis_us-gaap_MultiemployerPlansPensionMember", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:MultiemployerPlanContributionsByEmployer", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R6": { "firstAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "alx:ReconciliationOfNetIncomeAttributableToCommonShareholdersToEstimatedTaxableIncomeTableTextBlock", "ix:continuation", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:NetIncomeLoss", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "statement", "isDefault": "false", "longName": "1003000 - Statement - Consolidated Statements of Comprehensive Income", "role": "http://www.alx-inc.com/role/ConsolidatedStatementsOfComprehensiveIncome", "shortName": "Consolidated Statements of Comprehensive Income", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": "-3", "lang": null, "name": "us-gaap:OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R60": { "firstAnchor": { "ancestors": [ "span", "span", "div", "ix:continuation", "us-gaap:ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": "INF", "first": true, "lang": null, "name": "us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount", "reportCount": 1, "unique": true, "unitRef": "shares", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2416402 - Disclosure - Earnings Per Share - Narrative (Details)", "role": "http://www.alx-inc.com/role/EarningsPerShareNarrativeDetails", "shortName": "Earnings Per Share - Narrative (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "span", "div", "ix:continuation", "us-gaap:ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": "INF", "first": true, "lang": null, "name": "us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount", "reportCount": 1, "unique": true, "unitRef": "shares", "xsiNil": "false" } }, "R61": { "firstAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "ix:continuation", "us-gaap:ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:IncomeLossFromContinuingOperations", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2416403 - Disclosure - Earnings Per Share (Details)", "role": "http://www.alx-inc.com/role/EarningsPerShareDetails", "shortName": "Earnings Per Share (Details)", "subGroupType": "details", "uniqueAnchor": null }, "R62": { "firstAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "ix:continuation", "us-gaap:ScheduleOfQuarterlyFinancialInformationTableTextBlock", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4QTD", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:Revenues", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2417402 - Disclosure - Summary Of Quarterly Results (Unaudited) (Details)", "role": "http://www.alx-inc.com/role/SummaryOfQuarterlyResultsUnauditedDetails", "shortName": "Summary Of Quarterly Results (Unaudited) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "ix:continuation", "us-gaap:ScheduleOfQuarterlyFinancialInformationTableTextBlock", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4QTD", "decimals": "2", "lang": null, "name": "us-gaap:EarningsPerShareDiluted", "reportCount": 1, "unique": true, "unitRef": "usdPerShare", "xsiNil": "false" } }, "R63": { "firstAnchor": { "ancestors": [ "span", "span", "ix:continuation", "div", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2018Q1QTD", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:RealEstateTaxExpense", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2417403 - Disclosure - Summary Of Quarterly Results (Unaudited) (Footnotes) (Details)", "role": "http://www.alx-inc.com/role/SummaryOfQuarterlyResultsUnauditedFootnotesDetails", "shortName": "Summary Of Quarterly Results (Unaudited) (Footnotes) (Details)", "subGroupType": "details", "uniqueAnchor": null }, "R64": { "firstAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "srt:RealEstateAndAccumulatedDepreciationDisclosureTextBlock", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FI2019Q4", "decimals": "-3", "first": true, "lang": null, "name": "srt:RealEstateAndAccumulatedDepreciationAmountOfEncumbrances", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2419401 - Disclosure - Schedule III: Real estate and Accumulated depreciation (Details)", "role": "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationDetails", "shortName": "Schedule III: Real estate and Accumulated depreciation (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "srt:RealEstateAndAccumulatedDepreciationDisclosureTextBlock", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FI2019Q4", "decimals": "-3", "first": true, "lang": null, "name": "srt:RealEstateAndAccumulatedDepreciationAmountOfEncumbrances", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R65": { "firstAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "ix:continuation", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FI2018Q4", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:RealEstateGrossAtCarryingValue", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2419402 - Disclosure - Schedule III: Real Estate and Accumulated Depreciation (Rollforward of Real Estate and Accumulated Deprecation) (Details)", "role": "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationRollforwardOfRealEstateAndAccumulatedDeprecationDetails", "shortName": "Schedule III: Real Estate and Accumulated Depreciation (Rollforward of Real Estate and Accumulated Deprecation) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "ix:continuation", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": "-3", "lang": null, "name": "alx:RealEstateAccumulatedDepreciationBeforeAccumulatedDepreciationOnAssetSoldAndWrittenOff", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R7": { "firstAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FI2016Q4_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:CommonStockSharesIssued", "reportCount": 1, "unique": true, "unitRef": "shares", "xsiNil": "false" }, "groupType": "statement", "isDefault": "false", "longName": "1004000 - Statement - Consolidated Statements of Changes in Equity", "role": "http://www.alx-inc.com/role/ConsolidatedStatementsOfChangesInEquity", "shortName": "Consolidated Statements of Changes in Equity", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FI2016Q4_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:CommonStockSharesIssued", "reportCount": 1, "unique": true, "unitRef": "shares", "xsiNil": "false" } }, "R8": { "firstAnchor": null, "groupType": "statement", "isDefault": "false", "longName": "1004001 - Statement - Consolidated Statements of Changes in Equity - Parenthetical", "role": "http://www.alx-inc.com/role/ConsolidatedStatementsOfChangesInEquityParenthetical", "shortName": "Consolidated Statements of Changes in Equity - Parenthetical", "subGroupType": "parenthetical", "uniqueAnchor": null }, "R9": { "firstAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "alx:ReconciliationOfNetIncomeAttributableToCommonShareholdersToEstimatedTaxableIncomeTableTextBlock", "ix:continuation", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:NetIncomeLoss", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "statement", "isDefault": "false", "longName": "1005000 - Statement - Consolidated Statements of Cash Flows", "role": "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows", "shortName": "Consolidated Statements of Cash Flows", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "div", "body", "html" ], "baseRef": "alx10-k123119.htm", "contextRef": "FD2019Q4YTD", "decimals": "-3", "lang": null, "name": "us-gaap:DepreciationDepletionAndAmortization", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } } }, "segmentCount": 85, "tag": { "alx_AdditionalRealEstateTransferTax": { "auth_ref": [], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Additional Real Estate Transfer Tax", "label": "Additional Real Estate Transfer Tax", "terseLabel": "Additional real property transfer tax expense" } } }, "localname": "AdditionalRealEstateTransferTax", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/DiscontinuedOperationsDetails" ], "xbrltype": "monetaryItemType" }, "alx_AlexanderApartmentTowerMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Alexander apartment tower.", "label": "Alexander Apartment Tower [Member]", "terseLabel": "The Alexander apartment tower" } } }, "localname": "AlexanderApartmentTowerMember", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/LeasesLessorNarrativeDetails", "http://www.alx-inc.com/role/OrganizationDetails", "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationDetails" ], "xbrltype": "domainItemType" }, "alx_AlexandersInc.Member": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Alexander's Inc. [Member]", "label": "Alexander's Inc. [Member]", "terseLabel": "Alexander's Inc." } } }, "localname": "AlexandersInc.Member", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/RelatedPartyTransactionsDetails" ], "xbrltype": "domainItemType" }, "alx_AllRiskPropertyAndRentalValueMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "All risk property and rental value.", "label": "All Risk Property And Rental Value [Member]", "terseLabel": "All Risk Property And Rental Value" } } }, "localname": "AllRiskPropertyAndRentalValueMember", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/CommitmentsAndContingenciesInsuranceDetails" ], "xbrltype": "domainItemType" }, "alx_AnchorMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Identifies occupant as an anchor in a retail center", "label": "Anchor [Member]", "terseLabel": "Anchor" } } }, "localname": "AnchorMember", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/OrganizationDetails" ], "xbrltype": "domainItemType" }, "alx_AnnualRevenueAttributableToTenant": { "auth_ref": [], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Annual revenue attributable to tenant.", "label": "Annual Revenue Attributable To Tenant", "terseLabel": "Annual revenue attributable to tenant" } } }, "localname": "AnnualRevenueAttributableToTenant", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/RelatedPartyTransactionsDetails" ], "xbrltype": "monetaryItemType" }, "alx_AssetSaleCommissionThreshold": { "auth_ref": [], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Asset sale commission threshold.", "label": "Asset Sale Commission Threshold", "terseLabel": "Asset sale commission threshold" } } }, "localname": "AssetSaleCommissionThreshold", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/RelatedPartyTransactionsDetails" ], "xbrltype": "monetaryItemType" }, "alx_BedBathBeyondMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Bed Bath and Beyond", "label": "Bed Bath Beyond [Member]", "terseLabel": "Bed Bath and Beyond" } } }, "localname": "BedBathBeyondMember", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/OrganizationDetails" ], "xbrltype": "domainItemType" }, "alx_BloombergMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Bloomberg.", "label": "Bloomberg [Member]", "terseLabel": "Bloomberg" } } }, "localname": "BloombergMember", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/LeasesLessorNarrativeDetails" ], "xbrltype": "domainItemType" }, "alx_BurlingtonCoatFactoryMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Burlington Coat Factory", "label": "Burlington Coat Factory [Member]", "terseLabel": "Burlington Coat Factory" } } }, "localname": "BurlingtonCoatFactoryMember", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/OrganizationDetails" ], "xbrltype": "domainItemType" }, "alx_CashAndCashEquivalentMaturityMaximum": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The original maximum maturity date of all liquid investments classified as cash and cash equivalents", "label": "Cash And Cash Equivalent Maturity Maximum", "terseLabel": "Cash and cash equivalent maturity maximum" } } }, "localname": "CashAndCashEquivalentMaturityMaximum", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesDetails" ], "xbrltype": "durationItemType" }, "alx_Century21Member": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Century 21", "label": "Century 21 [Member]", "terseLabel": "Century 21" } } }, "localname": "Century21Member", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/OrganizationDetails" ], "xbrltype": "domainItemType" }, "alx_CommonAreaMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Common area.", "label": "Common Area [Member]", "terseLabel": "Common Area" } } }, "localname": "CommonAreaMember", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/RelatedPartyTransactionsDetails" ], "xbrltype": "domainItemType" }, "alx_CompanyManagementFeesMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Company management fees.", "label": "Company Management Fees [Member]", "terseLabel": "Company management fees" } } }, "localname": "CompanyManagementFeesMember", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/RelatedPartyTransactionsFeesToVornadoDetails" ], "xbrltype": "domainItemType" }, "alx_ContainerStoreMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Container store", "label": "Container Store [Member]", "terseLabel": "Container Store" } } }, "localname": "ContainerStoreMember", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/OrganizationDetails" ], "xbrltype": "domainItemType" }, "alx_CostcoMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Costco", "label": "Costco [Member]", "terseLabel": "Costco" } } }, "localname": "CostcoMember", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/OrganizationDetails" ], "xbrltype": "domainItemType" }, "alx_CumulativeAmountOfTemporaryDifferenceBetweenBookValueAndTaxBasis": { "auth_ref": [], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "The cumulative difference between book value and tax basis of assets and liabilities", "label": "Cumulative Amount Of Temporary Difference Between Book Value And Tax Basis", "terseLabel": "Differences between book and tax basis" } } }, "localname": "CumulativeAmountOfTemporaryDifferenceBetweenBookValueAndTaxBasis", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationDetails", "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesIncomeTaxesDetails" ], "xbrltype": "monetaryItemType" }, "alx_DevelopmentFeesMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Development fees.", "label": "Development Fees [Member]", "terseLabel": "Development fees" } } }, "localname": "DevelopmentFeesMember", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/RelatedPartyTransactionsDetails", "http://www.alx-inc.com/role/RelatedPartyTransactionsFeesToVornadoDetails" ], "xbrltype": "domainItemType" }, "alx_DirectServicesMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Direct Services [Member]", "label": "Direct Services [Member]", "terseLabel": "Tenant services" } } }, "localname": "DirectServicesMember", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/RevenueRecognitionDisaggregationOfRevenueDetails" ], "xbrltype": "domainItemType" }, "alx_EconomicBasisOfMarketableSecuritiesPerShare": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Economic basis per share of marketable securities", "label": "Economic Basis Of Marketable Securities Per Share", "terseLabel": "Economic basis per share (in dollars per share)" } } }, "localname": "EconomicBasisOfMarketableSecuritiesPerShare", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/MarketableSecuritiesDetails" ], "xbrltype": "perShareItemType" }, "alx_EstimatedFutureDamagesMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Estimated Future Damages [Member]", "label": "Estimated Future Damages [Member]", "terseLabel": "Estimated Future Damages" } } }, "localname": "EstimatedFutureDamagesMember", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/CommitmentsAndContingenciesLitigationAndContingenciesDetails" ], "xbrltype": "domainItemType" }, "alx_ExpenseReimbursements": { "auth_ref": [], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Expense Reimbursements", "label": "Expense Reimbursements", "negatedLabel": "Expense reimbursements" } } }, "localname": "ExpenseReimbursements", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesDetails" ], "xbrltype": "monetaryItemType" }, "alx_FederalGovernmentResponsibility": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The percentage of the covered portion of a loss above the deductible for which the Federal Government is responsible for covered losses.", "label": "Federal Government Responsibility", "terseLabel": "Federal Government Responsibility (in percentage)" } } }, "localname": "FederalGovernmentResponsibility", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/CommitmentsAndContingenciesInsuranceDetails" ], "xbrltype": "percentItemType" }, "alx_FiftyNinthStreetInsuranceCompanyLlcMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Fifty ninth street insurance company LLC.", "label": "Fifty Ninth Street Insurance Company LLC [Member]", "terseLabel": "FNSIC" } } }, "localname": "FiftyNinthStreetInsuranceCompanyLlcMember", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/CommitmentsAndContingenciesInsuranceDetails" ], "xbrltype": "domainItemType" }, "alx_FlushingPropertyMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The property located at Roosevelt Avenue and Main Street in Queens", "label": "Flushing Property [Member]", "terseLabel": "Flushing" } } }, "localname": "FlushingPropertyMember", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/OrganizationDetails", "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationDetails" ], "xbrltype": "domainItemType" }, "alx_HomeDepotMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Home Depot", "label": "Home Depot [Member]", "terseLabel": "Home Depot" } } }, "localname": "HomeDepotMember", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/OrganizationDetails" ], "xbrltype": "domainItemType" }, "alx_IkeaMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "IKEA.", "label": "Ikea [Member]", "terseLabel": "IKEA" } } }, "localname": "IkeaMember", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/CommitmentsAndContingenciesLitigationAndContingenciesDetails", "http://www.alx-inc.com/role/OrganizationDetails" ], "xbrltype": "domainItemType" }, "alx_IncomeTaxesAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "", "label": "Income Taxes [Abstract]", "terseLabel": "Income Taxes" } } }, "localname": "IncomeTaxesAbstract", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesIncomeTaxesDetails" ], "xbrltype": "stringItemType" }, "alx_InsuranceCoverageEndDate": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Insurance coverage end date.", "label": "Insurance Coverage End Date", "terseLabel": "Insurance coverage end date" } } }, "localname": "InsuranceCoverageEndDate", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/CommitmentsAndContingenciesInsuranceDetails" ], "xbrltype": "dateItemType" }, "alx_InsuranceDeductible": { "auth_ref": [], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "The deductible owed by our wholly owned insurance subsidiary in the event of a covered loss.", "label": "Insurance Deductible", "terseLabel": "Insurance deductible" } } }, "localname": "InsuranceDeductible", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/CommitmentsAndContingenciesInsuranceDetails" ], "xbrltype": "monetaryItemType" }, "alx_InsuranceMaximumCoverageInAggregate": { "auth_ref": [], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Insurance maximum coverage limit in aggregate.", "label": "Insurance Maximum Coverage In Aggregate", "terseLabel": "Insurance maximum coverage in aggregate" } } }, "localname": "InsuranceMaximumCoverageInAggregate", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/CommitmentsAndContingenciesInsuranceDetails" ], "xbrltype": "monetaryItemType" }, "alx_InsuranceMaximumCoveragePerIncident": { "auth_ref": [], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Insurance maximum coverage limit per incident.", "label": "Insurance Maximum Coverage Per Incident", "terseLabel": "Insurance maximum coverage per incident" } } }, "localname": "InsuranceMaximumCoveragePerIncident", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/CommitmentsAndContingenciesInsuranceDetails" ], "xbrltype": "monetaryItemType" }, "alx_InsuranceMaximumCoveragePerProperty": { "auth_ref": [], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Insurance Maximum Coverage Per Property.", "label": "Insurance Maximum Coverage Per Property", "terseLabel": "Insurance maximum coverage per property" } } }, "localname": "InsuranceMaximumCoveragePerProperty", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/CommitmentsAndContingenciesInsuranceDetails" ], "xbrltype": "monetaryItemType" }, "alx_InternalTaxableIncomeDistributionPolicy": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Percentage of taxable income distributed to stockholders each year", "label": "Internal Taxable Income Distribution Policy", "terseLabel": "Internal taxable income distribution policy (in percentage)" } } }, "localname": "InternalTaxableIncomeDistributionPolicy", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesIncomeTaxesDetails" ], "xbrltype": "percentItemType" }, "alx_KingsPlazaRegionalShoppingCenterMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The Kings Plaza Regional Shopping Center.", "label": "Kings Plaza Regional Shopping Center [Member]", "terseLabel": "Kings Plaza" } } }, "localname": "KingsPlazaRegionalShoppingCenterMember", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/SummaryOfQuarterlyResultsUnauditedFootnotesDetails" ], "xbrltype": "domainItemType" }, "alx_KohlsMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Kohl's", "label": "Kohls [Member]", "terseLabel": "Kohl's" } } }, "localname": "KohlsMember", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/OrganizationDetails" ], "xbrltype": "domainItemType" }, "alx_LeaseFeePercentageOfRentElevenToTwentyYears": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Percentage of rent payable to related party for leasing services for the eleventh through twentieth years of the lease.", "label": "Lease Fee Percentage Of Rent Eleven To Twenty Years", "terseLabel": "Lease fee percentage of rent eleven to twenty years" } } }, "localname": "LeaseFeePercentageOfRentElevenToTwentyYears", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/RelatedPartyTransactionsDetails" ], "xbrltype": "percentItemType" }, "alx_LeaseFeePercentageOfRentOneToTenYears": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Percentage of rent payable to related party for leasing services for the first ten years of the lease.", "label": "Lease Fee Percentage Of Rent One To Ten Years", "terseLabel": "Lease fee percentage of rent one to ten years" } } }, "localname": "LeaseFeePercentageOfRentOneToTenYears", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/RelatedPartyTransactionsDetails" ], "xbrltype": "percentItemType" }, "alx_LeaseFeePercentageOfRentTwentyFirstToThirtyYears": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Percentage of rent payable to related party for leasing services for the twenty-first through thirtieth years of the lease.", "label": "Lease Fee Percentage Of Rent Twenty First To Thirty Years", "terseLabel": "Lease fee percentage of rent twenty first to thirty years" } } }, "localname": "LeaseFeePercentageOfRentTwentyFirstToThirtyYears", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/RelatedPartyTransactionsDetails" ], "xbrltype": "percentItemType" }, "alx_LeasesOfLessorRentalTermRange": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Approximate rental term range for all outstanding leases to tenants in retail centers and office buildings.", "label": "Leases Of Lessor Rental Term Range", "terseLabel": "Lease term range as Lessor" } } }, "localname": "LeasesOfLessorRentalTermRange", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/CommitmentsAndContingenciesLitigationAndContingenciesDetails" ], "xbrltype": "durationItemType" }, "alx_LeasingFeesMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Leasing fees.", "label": "Leasing Fees [Member]", "terseLabel": "Leasing fees" } } }, "localname": "LeasingFeesMember", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/RelatedPartyTransactionsDetails", "http://www.alx-inc.com/role/RelatedPartyTransactionsFeesToVornadoDetails" ], "xbrltype": "domainItemType" }, "alx_LesseeOperatingLeaseNumberOfExtensionOptions": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The remaining number of extension options under a ground lease", "label": "Lessee, Operating Lease, Number Of Extension Options", "terseLabel": "Number of extension options (option)" } } }, "localname": "LesseeOperatingLeaseNumberOfExtensionOptions", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/LeasesLesseeNarrativeDetails" ], "xbrltype": "integerItemType" }, "alx_LexingtonAvenuePropertyMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "731 Lexington avenue.", "label": "Lexington Avenue Property [Member]", "terseLabel": "731 Lexington Avenue", "verboseLabel": "Lexington Avenue" } } }, "localname": "LexingtonAvenuePropertyMember", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/LeasesLessorNarrativeDetails", "http://www.alx-inc.com/role/MortgagesPayableOutstandingMortgagesPayableDetails", "http://www.alx-inc.com/role/OrganizationDetails", "http://www.alx-inc.com/role/RelatedPartyTransactionsDetails", "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationDetails" ], "xbrltype": "domainItemType" }, "alx_LoanAmortizationPeriod": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "In the event the tenant does not exercise its purchase option, the period over which the tenant's debt service portion of its rent must be sufficient to fully amortize the loan on the property", "label": "Loan Amortization Period", "terseLabel": "Loan amortization period" } } }, "localname": "LoanAmortizationPeriod", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/CommitmentsAndContingenciesLitigationAndContingenciesDetails" ], "xbrltype": "durationItemType" }, "alx_LongTermCapitalGainMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Long Term Capital Gain [Member]", "label": "Long Term Capital Gain [Member]", "terseLabel": "Long Term Capital Gain" } } }, "localname": "LongTermCapitalGainMember", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesIncomeTaxesDetails" ], "xbrltype": "domainItemType" }, "alx_MacerichMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Macerich interest.", "label": "Macerich [Member]", "terseLabel": "Macerich" } } }, "localname": "MacerichMember", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/MarketableSecuritiesDetails" ], "xbrltype": "domainItemType" }, "alx_ManagementAndPartnersMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "IP and Partners", "label": "Management and Partners [Member]", "terseLabel": "Mr. Roth, Interstate, David Mandelbaum, and Russell B. Wight, Jr." } } }, "localname": "ManagementAndPartnersMember", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/RelatedPartyTransactionsDetails" ], "xbrltype": "domainItemType" }, "alx_ManagementAndPartnersThroughRelatedPartyMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Interstate properties and its partners through the ownership of Vornado", "label": "Management And Partners Through Related Party [Member]", "terseLabel": "IP & Partners Through Vornado" } } }, "localname": "ManagementAndPartnersThroughRelatedPartyMember", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/RelatedPartyTransactionsDetails" ], "xbrltype": "domainItemType" }, "alx_ManagementFeeAgreementValue": { "auth_ref": [], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "The amount of management fee paid to related party to manage corporate activities.", "label": "Management Fee Agreement Value", "terseLabel": "Management fee agreement value" } } }, "localname": "ManagementFeeAgreementValue", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/RelatedPartyTransactionsDetails" ], "xbrltype": "monetaryItemType" }, "alx_ManagementPropertyManagementCleaningEngineeringAndSecurityFeesMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Management property management cleaning and security fees.", "label": "Management Property Management Cleaning Engineering And Security Fees [Member]", "terseLabel": "Management, property management, cleaning and security fees" } } }, "localname": "ManagementPropertyManagementCleaningEngineeringAndSecurityFeesMember", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/RelatedPartyTransactionsDetails" ], "xbrltype": "domainItemType" }, "alx_MarshallsMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Marshalls", "label": "Marshalls [Member]", "terseLabel": "Marshalls" } } }, "localname": "MarshallsMember", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/OrganizationDetails" ], "xbrltype": "domainItemType" }, "alx_MaturesinDecember2025Member": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Matures in December 2025 [Member]", "label": "Matures in December 2025 [Member]", "terseLabel": "Matures in December 2025" } } }, "localname": "MaturesinDecember2025Member", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/MortgagesPayableNarrativeDetails" ], "xbrltype": "domainItemType" }, "alx_MaturesinOctober2021Member": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Matures in October 2021 [Member]", "label": "Matures in October 2021 [Member]", "terseLabel": "Matures in October 2021" } } }, "localname": "MaturesinOctober2021Member", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/MortgagesPayableNarrativeDetails" ], "xbrltype": "domainItemType" }, "alx_NbcrMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "NBCR.", "label": "NBCR [Member]", "terseLabel": "NBCR" } } }, "localname": "NbcrMember", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/CommitmentsAndContingenciesInsuranceDetails" ], "xbrltype": "domainItemType" }, "alx_NonCashAdditionsToRealEstate": { "auth_ref": [], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Non-cash additions to real estate included in accounts payable and accrued expenses.", "label": "Non Cash Additions To Real Estate", "terseLabel": "Liability for real estate additions, including $18, $125 and $21 for development fees due to Vornado in 2019, 2018 and 2017, respectively", "verboseLabel": "Liability for real estate additions" } } }, "localname": "NonCashAdditionsToRealEstate", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows", "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlowsParentheticals" ], "xbrltype": "monetaryItemType" }, "alx_NonCashTransactionsAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "", "label": "Non Cash Transactions [Abstract]", "terseLabel": "NON-CASH TRANSACTIONS" } } }, "localname": "NonCashTransactionsAbstract", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "stringItemType" }, "alx_NotesPayableGross": { "auth_ref": [], "calculation": { "http://www.alx-inc.com/role/MortgagesPayableOutstandingMortgagesPayableDetails": { "order": 1.0, "parentTag": "us-gaap_NotesPayable", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Notes payable gross.", "label": "Notes Payable Gross", "terseLabel": "Notes payable, gross" } } }, "localname": "NotesPayableGross", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/MortgagesPayableOutstandingMortgagesPayableDetails" ], "xbrltype": "monetaryItemType" }, "alx_NotesPayableNet": { "auth_ref": [], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Notes Payable, Net", "label": "Notes Payable, Net", "terseLabel": "Mortgages payable, net of loan participation" } } }, "localname": "NotesPayableNet", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/MortgagesPayableNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "alx_NumberOfFires": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Number of fires.", "label": "Number Of Fires", "terseLabel": "Number of fires" } } }, "localname": "NumberOfFires", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/CommitmentsAndContingenciesLitigationAndContingenciesDetails" ], "xbrltype": "integerItemType" }, "alx_OccupantTypeAxis": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "", "label": "Occupant Type [Axis]", "terseLabel": "Occupant Type [Axis]" } } }, "localname": "OccupantTypeAxis", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/OrganizationDetails" ], "xbrltype": "stringItemType" }, "alx_OccupantTypeDomain": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Identifies whether the tenant is an anchor tenant in the property.", "label": "Occupant Type [Domain]", "terseLabel": "Occupant Type [Domain]" } } }, "localname": "OccupantTypeDomain", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/OrganizationDetails" ], "xbrltype": "domainItemType" }, "alx_OperatingPropertiesAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "", "label": "Operating Properties [Abstract]", "terseLabel": "Operating Properties" } } }, "localname": "OperatingPropertiesAbstract", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/OrganizationDetails" ], "xbrltype": "stringItemType" }, "alx_OperatingPropertyMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Operating property.", "label": "Operating Property [Member]", "terseLabel": "Operating property" } } }, "localname": "OperatingPropertyMember", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/OrganizationDetails" ], "xbrltype": "domainItemType" }, "alx_OrdinaryIncomeMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Ordinary Income [Member]", "label": "Ordinary Income [Member]", "terseLabel": "Ordinary Income" } } }, "localname": "OrdinaryIncomeMember", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesIncomeTaxesDetails" ], "xbrltype": "domainItemType" }, "alx_OtherPropertiesMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "All other properties", "label": "Other Properties [Member]", "terseLabel": "Other Properties" } } }, "localname": "OtherPropertiesMember", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationDetails" ], "xbrltype": "domainItemType" }, "alx_ParamusPropertyMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Paramus property.", "label": "Paramus Property [Member]", "terseLabel": "Paramus, NJ" } } }, "localname": "ParamusPropertyMember", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/CommitmentsAndContingenciesLitigationAndContingenciesDetails", "http://www.alx-inc.com/role/MortgagesPayableNarrativeDetails", "http://www.alx-inc.com/role/MortgagesPayableOutstandingMortgagesPayableDetails", "http://www.alx-inc.com/role/OrganizationDetails", "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationDetails" ], "xbrltype": "domainItemType" }, "alx_ParticipationAgreementMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Participation agreement.", "label": "Participation Agreement [Member]", "terseLabel": "Participation Agreement" } } }, "localname": "ParticipationAgreementMember", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/MortgagesPayableOutstandingMortgagesPayableDetails", "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationDetails" ], "xbrltype": "domainItemType" }, "alx_PaymentsForCapitalImprovementsAndConstructionInProcess": { "auth_ref": [], "calculation": { "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows": { "order": 1.0, "parentTag": "us-gaap_NetCashProvidedByUsedInInvestingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The cash outflow for acquisition of or capital improvements to properties held for investment (operating, managed, leased) or for use and the cash outflow from construction costs to date on capital projects that have not been completed and assets being constructed that are not ready to be placed into service.", "label": "Payments For Capital Improvements And Construction In Process", "negatedLabel": "Construction in progress and real estate additions" } } }, "localname": "PaymentsForCapitalImprovementsAndConstructionInProcess", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "alx_PaymentsOfDividendsNetPercent": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Total dividend percent paid to shareholders.", "label": "Payments Of Dividends Net Percent", "terseLabel": "Payments of dividends net percent" } } }, "localname": "PaymentsOfDividendsNetPercent", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesIncomeTaxesDetails" ], "xbrltype": "percentItemType" }, "alx_PercentageCommissionsOnSaleOfAssetsOverFiftyMillion": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Percentage of gross proceeds over $50,000,000 from the sale of any assets, payable to related party.", "label": "Percentage Commissions On Sale Of Assets Over Fifty Million", "terseLabel": "Percentage commissions on sale of assets over fifty million" } } }, "localname": "PercentageCommissionsOnSaleOfAssetsOverFiftyMillion", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/RelatedPartyTransactionsDetails" ], "xbrltype": "percentItemType" }, "alx_PercentageCommissionsOnSaleOfAssetsUnderFiftyMillion": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Percentage of gross proceeds under $50,000,000 from the sale of any assets, payable to related party.", "label": "Percentage Commissions On Sale Of Assets Under Fifty Million", "terseLabel": "Percentage commissions on sale of assets under fifty million" } } }, "localname": "PercentageCommissionsOnSaleOfAssetsUnderFiftyMillion", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/RelatedPartyTransactionsDetails" ], "xbrltype": "percentItemType" }, "alx_PercentageIncreaseLeaseFeeIfBrokerUsed": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Percentage of increase in leasing services payable to related party if a real estate broker is used", "label": "Percentage Increase Lease Fee If Broker Used", "terseLabel": "Percentage increase lease fee if broker used" } } }, "localname": "PercentageIncreaseLeaseFeeIfBrokerUsed", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/RelatedPartyTransactionsDetails" ], "xbrltype": "percentItemType" }, "alx_PledgedAssetsSeperatelyReportedRealEstatePledgedAsCollateralAtCarryingValue": { "auth_ref": [], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "The carrying value, as of the date of each statement of financial position presented, of real estate which is owned and pledged as collateral for related debt obligation", "label": "Pledged Assets Seperately Reported Real Estate Pledged As Collateral At Carrying Value", "terseLabel": "Net carrying value of real estate collateralizing the debt" } } }, "localname": "PledgedAssetsSeperatelyReportedRealEstatePledgedAsCollateralAtCarryingValue", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/MortgagesPayableNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "alx_PropertiesToBeDevelopedMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Properties to be developed [Member]", "label": "Properties To Be Developed [Member]", "terseLabel": "Properties to be developed" } } }, "localname": "PropertiesToBeDevelopedMember", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/OrganizationDetails" ], "xbrltype": "domainItemType" }, "alx_PropertyDevelopmentFeeEscalationPercentagePerAnnum": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Property Development Fee Escalation Percentage Per Annum", "label": "Property Development Fee Escalation Percentage Per Annum", "terseLabel": "Development fee as a percentage of development costs" } } }, "localname": "PropertyDevelopmentFeeEscalationPercentagePerAnnum", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/RelatedPartyTransactionsDetails" ], "xbrltype": "percentItemType" }, "alx_PropertyManagementFeeAgreementPricePerSquareFoot": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Property Management Fee Agreement, Price Per Square Foot", "label": "Property Management Fee Agreement, Price Per Square Foot", "terseLabel": "Property management fee agreement price per square foot" } } }, "localname": "PropertyManagementFeeAgreementPricePerSquareFoot", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/RelatedPartyTransactionsDetails" ], "xbrltype": "perUnitItemType" }, "alx_PropertyManagementFeeAgreementValue": { "auth_ref": [], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Annual amount paid to related party as property management fees.", "label": "Property Management Fee Agreement Value", "terseLabel": "Property management fee agreement value" } } }, "localname": "PropertyManagementFeeAgreementValue", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/RelatedPartyTransactionsDetails" ], "xbrltype": "monetaryItemType" }, "alx_PropertyManagementFeeEscalationPercentagePerAnnum": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Annual increase in the amount paid to related party as property management fees.", "label": "Property Management Fee Escalation Percentage Per Annum", "terseLabel": "Property management fee escalation percentage per annum" } } }, "localname": "PropertyManagementFeeEscalationPercentagePerAnnum", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/RelatedPartyTransactionsDetails" ], "xbrltype": "percentItemType" }, "alx_PropertyManagementFeesMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Property management fees and payments for cleaning, engineering and security services.", "label": "Property Management Fees [Member]", "terseLabel": "Property management, cleaning, engineering and security services", "verboseLabel": "Property Management Fees" } } }, "localname": "PropertyManagementFeesMember", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/RelatedPartyTransactionsDetails", "http://www.alx-inc.com/role/RelatedPartyTransactionsFeesToVornadoDetails" ], "xbrltype": "domainItemType" }, "alx_PropertyPurchaseOptionExercisableByLessee": { "auth_ref": [], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Lease with purchase option to be exercised by lessee.", "label": "Property Purchase Option Exercisable By Lessee", "terseLabel": "Property purchase option exercisable by lessee" } } }, "localname": "PropertyPurchaseOptionExercisableByLessee", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/CommitmentsAndContingenciesLitigationAndContingenciesDetails" ], "xbrltype": "monetaryItemType" }, "alx_PurchaseOptionExercisedProceedsFromSaleOfLandHeldForUse": { "auth_ref": [], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "The cash inflow from the sale of land held for use in case the purchase option is exercised by lessee.", "label": "Purchase Option Exercised Proceeds From Sale Of Land Held For Use", "terseLabel": "Purchase option exercised, net cash proceeds from sale of land" } } }, "localname": "PurchaseOptionExercisedProceedsFromSaleOfLandHeldForUse", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/CommitmentsAndContingenciesLitigationAndContingenciesDetails" ], "xbrltype": "monetaryItemType" }, "alx_PurchaseOptionNotExercisedAmountIncludedInTripleNetRentOverRemainderOfLease": { "auth_ref": [], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The amount to be amortized over the remainder of the lease term if the purchase option is not exercised.", "label": "Purchase Option Not Exercised Amount Included In Triple Net Rent Over Remainder Of Lease", "terseLabel": "Purchase option not exercised amount included in triple net rent over remainder of lease" } } }, "localname": "PurchaseOptionNotExercisedAmountIncludedInTripleNetRentOverRemainderOfLease", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/CommitmentsAndContingenciesLitigationAndContingenciesDetails" ], "xbrltype": "monetaryItemType" }, "alx_QuarterlyInformationLineItems": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "[Line Items] for Quarterly Information [Table]", "label": "Quarterly Information [Line Items]", "terseLabel": "Quarterly Information [Line Items]" } } }, "localname": "QuarterlyInformationLineItems", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/SummaryOfQuarterlyResultsUnauditedFootnotesDetails" ], "xbrltype": "stringItemType" }, "alx_QuarterlyInformationTable": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Quarterly Information [Table]", "label": "Quarterly Information [Table]", "terseLabel": "Quarterly Information [Table]" } } }, "localname": "QuarterlyInformationTable", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/SummaryOfQuarterlyResultsUnauditedFootnotesDetails" ], "xbrltype": "stringItemType" }, "alx_RealEstateAccumulatedDepreciationBeforeAccumulatedDepreciationOnAssetSoldAndWrittenOff": { "auth_ref": [], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "The subtotal of accumulated depreciation balance excluding accumulated depreciation on assets sold and write-off of accumulated depreciation on fully depreciated assets.", "label": "Real Estate Accumulated Depreciation Before Accumulated Depreciation On Asset Sold And Written Off", "terseLabel": "Subtotal real estate" } } }, "localname": "RealEstateAccumulatedDepreciationBeforeAccumulatedDepreciationOnAssetSoldAndWrittenOff", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationRollforwardOfRealEstateAndAccumulatedDeprecationDetails" ], "xbrltype": "monetaryItemType" }, "alx_RealEstateAndAccumulatedDepreciationCarryingAmountOfDevelopmentAndConstructionInProgress": { "auth_ref": [], "calculation": { "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationDetails": { "order": 3.0, "parentTag": "us-gaap_RealEstateGrossAtCarryingValue", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "The carrying amount at which development and construction in progress are carried at the end of the period.", "label": "Real Estate And Accumulated Depreciation Carrying Amount Of Development And Construction In Progress", "terseLabel": "Development and Construction in progress" } } }, "localname": "RealEstateAndAccumulatedDepreciationCarryingAmountOfDevelopmentAndConstructionInProgress", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationDetails" ], "xbrltype": "monetaryItemType" }, "alx_RealEstateAndAccumulatedDepreciationYearAcquired": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Date real estate investment property was acquired for entities with a substantial portion of business acquiring and holding investment real estate, in CCYY format.", "label": "Real Estate And Accumulated Depreciation Year Acquired", "terseLabel": "Date acquired" } } }, "localname": "RealEstateAndAccumulatedDepreciationYearAcquired", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationDetails" ], "xbrltype": "gYearItemType" }, "alx_RealEstateAndAccumulatedDepreciationYearOfConstruction": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Date real estate investment property was constructed for entities with a substantial portion of business acquiring and holding investment real estate, in CCYY format.", "label": "Real Estate And Accumulated Depreciation Year Of Construction", "terseLabel": "Date of construction" } } }, "localname": "RealEstateAndAccumulatedDepreciationYearOfConstruction", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationDetails" ], "xbrltype": "gYearItemType" }, "alx_RealEstateBeforeRealEstateSoldAndWrittenOff": { "auth_ref": [], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The subtotal of real estate asset balance excluding assets sold and write-off of fully depreciated assets.", "label": "Real Estate Before Real Estate Sold And Written Off", "terseLabel": "Subtotal of accumulated depreciation" } } }, "localname": "RealEstateBeforeRealEstateSoldAndWrittenOff", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationRollforwardOfRealEstateAndAccumulatedDeprecationDetails" ], "xbrltype": "monetaryItemType" }, "alx_RealEstateInvestmentTrustDistributableIncomePolicy": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The percentage of taxable income to be distributed to stockholders each year in order to maintain qualification as REIT under the Code.", "label": "Real Estate Investment Trust Distributable Income Policy", "terseLabel": "Real estate investment trust distributable income policy (in percentage)" } } }, "localname": "RealEstateInvestmentTrustDistributableIncomePolicy", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesIncomeTaxesDetails" ], "xbrltype": "percentItemType" }, "alx_RealEstateOccupantPossessionTypeAxis": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Information regarding the occupant's type of possession in the space.", "label": "Real Estate Occupant Possession Type [Axis]", "terseLabel": "Real Estate Occupant Possession Type [Axis]" } } }, "localname": "RealEstateOccupantPossessionTypeAxis", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/CommitmentsAndContingenciesLitigationAndContingenciesDetails", "http://www.alx-inc.com/role/OrganizationDetails" ], "xbrltype": "stringItemType" }, "alx_RealEstateOccupantPossessionTypeDomain": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Identifies the occupant as either the owner of or the tenant in a space", "label": "Real Estate Occupant Possession Type [Domain]", "terseLabel": "Real Estate Occupant Possession Type [Domain]" } } }, "localname": "RealEstateOccupantPossessionTypeDomain", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/CommitmentsAndContingenciesLitigationAndContingenciesDetails", "http://www.alx-inc.com/role/OrganizationDetails" ], "xbrltype": "domainItemType" }, "alx_RealEstatePropertyOccupantAxis": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Real Estate Property Occupant [Axis]", "label": "Real Estate Property Occupant [Axis]", "terseLabel": "Real Estate Property Occupant [Axis]" } } }, "localname": "RealEstatePropertyOccupantAxis", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/CommitmentsAndContingenciesLitigationAndContingenciesDetails", "http://www.alx-inc.com/role/OrganizationDetails", "http://www.alx-inc.com/role/RelatedPartyTransactionsDetails" ], "xbrltype": "stringItemType" }, "alx_RealEstatePropertyOccupantDomain": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Real Estate Property Occupant [Domain]", "label": "Real Estate Property Occupant [Domain]", "terseLabel": "Real Estate Property Occupant [Domain]" } } }, "localname": "RealEstatePropertyOccupantDomain", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/CommitmentsAndContingenciesLitigationAndContingenciesDetails", "http://www.alx-inc.com/role/OrganizationDetails", "http://www.alx-inc.com/role/RelatedPartyTransactionsDetails" ], "xbrltype": "domainItemType" }, "alx_RealEstateTaxExpenseInterest": { "auth_ref": [], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Real Estate Tax Expense Interest", "label": "Real Estate Tax Expense Interest", "terseLabel": "Real property tax expense interest" } } }, "localname": "RealEstateTaxExpenseInterest", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/DiscontinuedOperationsDetails" ], "xbrltype": "monetaryItemType" }, "alx_ReclassificationofPrepaidRealEstateTaxestoConstructioninProgress": { "auth_ref": [], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Reclassification of Prepaid Real Estate Taxes to Construction in Progress", "label": "Reclassification of Prepaid Real Estate Taxes to Construction in Progress", "terseLabel": "Reclassification of prepaid real estate taxes to construction in progress for property in redevelopment" } } }, "localname": "ReclassificationofPrepaidRealEstateTaxestoConstructioninProgress", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "alx_ReconciliationOfNetIncomeAttributableToCommonShareholdersToEstimatedTaxableIncomeTableAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "", "label": "Reconciliation Of Net Income Attributable To Common Shareholders To Estimated Taxable Income Table [Abstract]", "terseLabel": "Reconciliation of Net Income to Estimated Taxable Income" } } }, "localname": "ReconciliationOfNetIncomeAttributableToCommonShareholdersToEstimatedTaxableIncomeTableAbstract", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesIncomeTaxesDetails" ], "xbrltype": "stringItemType" }, "alx_ReconciliationOfNetIncomeAttributableToCommonShareholdersToEstimatedTaxableIncomeTableTextBlock": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Table reconciling net income attributable to common stockholders to estimated taxable income", "label": "Reconciliation Of Net Income Attributable To Common Shareholders To Estimated Taxable Income [Table Text Block]", "verboseLabel": "Reconciliation Of Net Income Attributable To Common Stockholders To Estimated Taxable Income" } } }, "localname": "ReconciliationOfNetIncomeAttributableToCommonShareholdersToEstimatedTaxableIncomeTableTextBlock", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesTables" ], "xbrltype": "textBlockItemType" }, "alx_RegoPark1PropertyMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Rego park 1.", "label": "Rego Park 1 Property [Member]", "terseLabel": "Rego Park I" } } }, "localname": "RegoPark1PropertyMember", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/CommitmentsAndContingenciesLitigationAndContingenciesDetails", "http://www.alx-inc.com/role/OrganizationDetails", "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationDetails", "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesDetails" ], "xbrltype": "domainItemType" }, "alx_RegoPark2PropertyMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Rego park II.", "label": "Rego Park 2 Property [Member]", "terseLabel": "Rego Park II" } } }, "localname": "RegoPark2PropertyMember", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/MortgagesPayableNarrativeDetails", "http://www.alx-inc.com/role/MortgagesPayableOutstandingMortgagesPayableDetails", "http://www.alx-inc.com/role/OrganizationDetails", "http://www.alx-inc.com/role/RelatedPartyTransactionsDetails", "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationDetails" ], "xbrltype": "domainItemType" }, "alx_RegoPark3PropertyMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The property located adjacent to the Rego Park II property in Queens at the intersection of Junction Boulevard and the Horace Harding Service Road.", "label": "Rego Park 3 Property [Member]", "terseLabel": "Rego Park III" } } }, "localname": "RegoPark3PropertyMember", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/OrganizationDetails", "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationDetails" ], "xbrltype": "domainItemType" }, "alx_RestatementToReclassifyRegoParkIIAsAReductionToMortagePayableNetOfDeferredDebtIssuanceCostsMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Restatement To Reclassify Rego Park II As A Reduction To Mortage Payable, Net Of Deferred Debt Issuance Costs [Member]", "label": "Restatement To Reclassify Rego Park II As A Reduction To Mortage Payable, Net Of Deferred Debt Issuance Costs [Member]", "terseLabel": "Restatement To Reclassify Rego Park II As A Reduction To Mortage Payable, Net Of Deferred Debt Issuance Costs" } } }, "localname": "RestatementToReclassifyRegoParkIIAsAReductionToMortagePayableNetOfDeferredDebtIssuanceCostsMember", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesDetails" ], "xbrltype": "domainItemType" }, "alx_ScheduleOfInsuranceTypeAndTierIdentifierAxis": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Schedule Of Insurance Type And Tier Identifier [Axis]", "label": "Schedule Of Insurance Type And Tier Identifier [Axis]", "terseLabel": "Schedule Of Insurance Type And Tier Identifier [Axis]" } } }, "localname": "ScheduleOfInsuranceTypeAndTierIdentifierAxis", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/CommitmentsAndContingenciesInsuranceDetails" ], "xbrltype": "stringItemType" }, "alx_ScheduleofFutureMinimumRentalPaymentsReceivableforOperatingLeasesTableTextBlock": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Schedule of Future Minimum Rental Payments Receivable for Operating Leases [Table Text Block]", "label": "Schedule of Future Minimum Rental Payments Receivable for Operating Leases [Table Text Block]", "terseLabel": "Schedule of Future Minimum Rental Payments Receivable for Operating Leases" } } }, "localname": "ScheduleofFutureMinimumRentalPaymentsReceivableforOperatingLeasesTableTextBlock", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/LeasesTables" ], "xbrltype": "textBlockItemType" }, "alx_SearsMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Sears [Member]", "label": "Sears [Member]", "terseLabel": "Sears" } } }, "localname": "SearsMember", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/CommitmentsAndContingenciesLitigationAndContingenciesDetails", "http://www.alx-inc.com/role/OrganizationDetails" ], "xbrltype": "domainItemType" }, "alx_SelfInsuredResponsibility": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The percentage of the covered portion of a loss above the deductible for which our wholly owned insurance subsidiary is responsible for covered losses.", "label": "Self Insured Responsibility", "terseLabel": "Self Insured Responsibility (in percentage)" } } }, "localname": "SelfInsuredResponsibility", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/CommitmentsAndContingenciesInsuranceDetails" ], "xbrltype": "percentItemType" }, "alx_ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGrantDateFairValuePerGrant": { "auth_ref": [], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Share based compensation arrangement by share based payment award non option equity instruments grant date fair value per grant.", "label": "Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Grant Date Fair Value Per Grant", "terseLabel": "Non-option equity instruments grant date fair value per grant" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGrantDateFairValuePerGrant", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/StockBasedCompensationDetails" ], "xbrltype": "monetaryItemType" }, "alx_ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGrantDateFairValueTotal": { "auth_ref": [], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Grant Date Fair Value Total", "label": "Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Grant Date Fair ValueTotal", "terseLabel": "Non-option equity instruments grant date fair value per grant total" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGrantDateFairValueTotal", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/StockBasedCompensationDetails" ], "xbrltype": "monetaryItemType" }, "alx_ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGrantedPerDirector": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Number of restricted stock units granted to each of the members of the board of directors during the period.", "label": "Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted Per Director", "terseLabel": "Non-option equity instruments granted per director (in shares)" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGrantedPerDirector", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/StockBasedCompensationDetails" ], "xbrltype": "sharesItemType" }, "alx_SummaryOfRelatedPartyTransactionsAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "", "label": "Summary Of Related Party Transactions [Abstract]", "terseLabel": "Summary of fees to Vornado" } } }, "localname": "SummaryOfRelatedPartyTransactionsAbstract", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/RelatedPartyTransactionsFeesToVornadoDetails" ], "xbrltype": "stringItemType" }, "alx_TaxTreatmentOfDividendAxis": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Tax Treatment Of Dividend [Axis]", "label": "Tax Treatment Of Dividend [Axis]", "terseLabel": "Tax Treatment Of Dividend [Axis]" } } }, "localname": "TaxTreatmentOfDividendAxis", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesIncomeTaxesDetails" ], "xbrltype": "stringItemType" }, "alx_TaxTreatmentOfDividendDomain": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Tax Treatment Of Dividend [Domain]", "label": "Tax Treatment Of Dividend [Domain]", "terseLabel": "Tax Treatment Of Dividend [Domain]" } } }, "localname": "TaxTreatmentOfDividendDomain", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesIncomeTaxesDetails" ], "xbrltype": "domainItemType" }, "alx_TaxTreatmentOfDividendLineItems": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Tax Treatment Of Dividend Line Items", "label": "Tax Treatment Of Dividend [Line Items]", "terseLabel": "Tax Treatment Of Dividend" } } }, "localname": "TaxTreatmentOfDividendLineItems", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesIncomeTaxesDetails" ], "xbrltype": "stringItemType" }, "alx_TaxTreatmentOfDividendTable": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Tax Treatment Of Dividend Table", "label": "Tax Treatment Of Dividend [Table]", "terseLabel": "Tax Treatment Of Dividend [Table]" } } }, "localname": "TaxTreatmentOfDividendTable", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesIncomeTaxesDetails" ], "xbrltype": "stringItemType" }, "alx_TaxableIncomeLoss": { "auth_ref": [], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Estimated taxable income after reconciliation for tax differences", "label": "Taxable Income Loss", "terseLabel": "Estimated taxable income" } } }, "localname": "TaxableIncomeLoss", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesIncomeTaxesDetails" ], "xbrltype": "monetaryItemType" }, "alx_TenantOccupantMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Tenant occupant.", "label": "Tenant Occupant [Member]", "terseLabel": "Tenant Occupant" } } }, "localname": "TenantOccupantMember", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/CommitmentsAndContingenciesLitigationAndContingenciesDetails", "http://www.alx-inc.com/role/OrganizationDetails" ], "xbrltype": "domainItemType" }, "alx_TerrorismCoverageIncludingNbcrMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Terrorism coverage including NBCR.", "label": "Terrorism Coverage Including NBCR [Member]", "terseLabel": "Terrorism Coverage Including NBCR" } } }, "localname": "TerrorismCoverageIncludingNbcrMember", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/CommitmentsAndContingenciesInsuranceDetails" ], "xbrltype": "domainItemType" }, "alx_ToysRUsMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Toys R Us.", "label": "Toys R Us [Member]", "terseLabel": "Toys R Us/ Babies R Us" } } }, "localname": "ToysRUsMember", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/RelatedPartyTransactionsDetails" ], "xbrltype": "domainItemType" }, "alx_TripleNetRentAnnualAmount": { "auth_ref": [], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Triple-net rent, annual amount", "label": "Triple Net Rent Annual Amount", "terseLabel": "Triple-net rent, annual amount" } } }, "localname": "TripleNetRentAnnualAmount", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/CommitmentsAndContingenciesLitigationAndContingenciesDetails" ], "xbrltype": "monetaryItemType" }, "alx_TypesAndTierIdentifierDomain": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Types And Tier Identifier [Domain]", "label": "Types And Tier Identifier [Domain]", "terseLabel": "Types And Tier Identifier [Domain]" } } }, "localname": "TypesAndTierIdentifierDomain", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/CommitmentsAndContingenciesInsuranceDetails" ], "xbrltype": "domainItemType" }, "alx_UnamortizedLeasingFeesToRelatedParty": { "auth_ref": [], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Unamortized Leasing Fees To Related Party", "label": "Unamortized Leasing Fees To Related Party", "terseLabel": "Unamortized leasing fees to Vornado" } } }, "localname": "UnamortizedLeasingFeesToRelatedParty", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedBalanceSheetsParentheticals" ], "xbrltype": "monetaryItemType" }, "alx_VornadoMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Vornado [Member]", "label": "Vornado [Member]", "terseLabel": "Vornado" } } }, "localname": "VornadoMember", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/RelatedPartyTransactionsDetails" ], "xbrltype": "domainItemType" }, "alx_WriteOffOfFullyAmortizedAndDepreciatedAssets": { "auth_ref": [], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "This element represents written off amount of fully amortized and depreciated assets.", "label": "Write Off Of Fully Amortized And Depreciated Assets", "terseLabel": "Write-off of fully amortized and/or depreciated assets" } } }, "localname": "WriteOffOfFullyAmortizedAndDepreciatedAssets", "nsuri": "http://www.alx-inc.com/20191231", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "dei_AmendmentFlag": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.", "label": "Amendment Flag", "terseLabel": "Amendment Flag" } } }, "localname": "AmendmentFlag", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/DocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_CityAreaCode": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Area code of city", "label": "City Area Code", "terseLabel": "City Area Code" } } }, "localname": "CityAreaCode", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/DocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_CoverAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Cover page.", "label": "Cover page." } } }, "localname": "CoverAbstract", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "xbrltype": "stringItemType" }, "dei_CurrentFiscalYearEndDate": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "End date of current fiscal year in the format --MM-DD.", "label": "Current Fiscal Year End Date", "terseLabel": "Current Fiscal Year End Date" } } }, "localname": "CurrentFiscalYearEndDate", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/DocumentAndEntityInformation" ], "xbrltype": "gMonthDayItemType" }, "dei_DocumentAnnualReport": { "auth_ref": [ "r342" ], "lang": { "en-US": { "role": { "documentation": "Boolean flag that is true only for a form used as an annual report.", "label": "Document Annual Report", "terseLabel": "Document Annual Report" } } }, "localname": "DocumentAnnualReport", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/DocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_DocumentFiscalPeriodFocus": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Fiscal period values are FY, Q1, Q2, and Q3. 1st, 2nd and 3rd quarter 10-Q or 10-QT statements have value Q1, Q2, and Q3 respectively, with 10-K, 10-KT or other fiscal year statements having FY.", "label": "Document Fiscal Period Focus", "terseLabel": "Document Fiscal Period Focus" } } }, "localname": "DocumentFiscalPeriodFocus", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/DocumentAndEntityInformation" ], "xbrltype": "fiscalPeriodItemType" }, "dei_DocumentFiscalYearFocus": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "This is focus fiscal year of the document report in CCYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006.", "label": "Document Fiscal Year Focus", "terseLabel": "Document Fiscal Year Focus" } } }, "localname": "DocumentFiscalYearFocus", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/DocumentAndEntityInformation" ], "xbrltype": "gYearItemType" }, "dei_DocumentPeriodEndDate": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD.", "label": "Document Period End Date", "terseLabel": "Document Period End Date" } } }, "localname": "DocumentPeriodEndDate", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/DocumentAndEntityInformation", "http://www.alx-inc.com/role/MortgagesPayableNarrativeDetails", "http://www.alx-inc.com/role/MortgagesPayableOutstandingMortgagesPayableDetails" ], "xbrltype": "dateItemType" }, "dei_DocumentTransitionReport": { "auth_ref": [ "r341" ], "lang": { "en-US": { "role": { "documentation": "Boolean flag that is true only for a form used as a transition report.", "label": "Document Transition Report", "terseLabel": "Document Transition Report" } } }, "localname": "DocumentTransitionReport", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/DocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_DocumentType": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.", "label": "Document Type", "terseLabel": "Document Type" } } }, "localname": "DocumentType", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/DocumentAndEntityInformation" ], "xbrltype": "submissionTypeItemType" }, "dei_DocumentsIncorporatedByReferenceTextBlock": { "auth_ref": [ "r339" ], "lang": { "en-US": { "role": { "documentation": "Documents incorporated by reference.", "label": "Documents Incorporated by Reference [Text Block]", "terseLabel": "Documents Incorporated by Reference" } } }, "localname": "DocumentsIncorporatedByReferenceTextBlock", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/DocumentAndEntityInformation" ], "xbrltype": "textBlockItemType" }, "dei_EntityAddressAddressLine1": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Address Line 1 such as Attn, Building Name, Street Name", "label": "Entity Address, Address Line One", "terseLabel": "Entity Address, Address Line One" } } }, "localname": "EntityAddressAddressLine1", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/DocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressCityOrTown": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Name of the City or Town", "label": "Entity Address, City or Town", "terseLabel": "Entity Address, City or Town" } } }, "localname": "EntityAddressCityOrTown", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/DocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressPostalZipCode": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Code for the postal or zip code", "label": "Entity Address, Postal Zip Code", "terseLabel": "Entity Address, Postal Zip Code" } } }, "localname": "EntityAddressPostalZipCode", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/DocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressStateOrProvince": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Name of the state or province.", "label": "Entity Address, State or Province", "terseLabel": "Entity Address, State or Province" } } }, "localname": "EntityAddressStateOrProvince", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/DocumentAndEntityInformation" ], "xbrltype": "stateOrProvinceItemType" }, "dei_EntityCentralIndexKey": { "auth_ref": [ "r343" ], "lang": { "en-US": { "role": { "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.", "label": "Entity Central Index Key", "terseLabel": "Entity Central Index Key" } } }, "localname": "EntityCentralIndexKey", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/DocumentAndEntityInformation" ], "xbrltype": "centralIndexKeyItemType" }, "dei_EntityCommonStockSharesOutstanding": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Indicate number of shares or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report. Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [Member] onto the Instrument [Domain] of the Entity Listings, Instrument.", "label": "Entity Common Stock, Shares Outstanding", "terseLabel": "Entity Common Stock, Shares Outstanding" } } }, "localname": "EntityCommonStockSharesOutstanding", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/DocumentAndEntityInformation" ], "xbrltype": "sharesItemType" }, "dei_EntityCurrentReportingStatus": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Indicate 'Yes' or 'No' whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure.", "label": "Entity Current Reporting Status", "terseLabel": "Entity Current Reporting Status" } } }, "localname": "EntityCurrentReportingStatus", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/DocumentAndEntityInformation" ], "xbrltype": "yesNoItemType" }, "dei_EntityDomain": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "All the names of the entities being reported upon in a document. Any legal structure used to conduct activities or to hold assets. Some examples of such structures are corporations, partnerships, limited liability companies, grantor trusts, and other trusts. This item does not include business and geographical segments which are included in the geographical or business segments domains.", "label": "Entity [Domain]", "terseLabel": "Entity [Domain]" } } }, "localname": "EntityDomain", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/CommitmentsAndContingenciesInsuranceDetails", "http://www.alx-inc.com/role/MarketableSecuritiesDetails", "http://www.alx-inc.com/role/RelatedPartyTransactionsDetails" ], "xbrltype": "domainItemType" }, "dei_EntityEmergingGrowthCompany": { "auth_ref": [ "r343" ], "lang": { "en-US": { "role": { "documentation": "Indicate if registrant meets the emerging growth company criteria.", "label": "Entity Emerging Growth Company", "terseLabel": "Entity Emerging Growth Company" } } }, "localname": "EntityEmergingGrowthCompany", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/DocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_EntityFileNumber": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.", "label": "Entity File Number", "terseLabel": "Entity File Number" } } }, "localname": "EntityFileNumber", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/DocumentAndEntityInformation" ], "xbrltype": "fileNumberItemType" }, "dei_EntityFilerCategory": { "auth_ref": [ "r343" ], "lang": { "en-US": { "role": { "documentation": "Indicate whether the registrant is one of the following: Large Accelerated Filer, Accelerated Filer, Non-accelerated Filer. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure.", "label": "Entity Filer Category", "terseLabel": "Entity Filer Category" } } }, "localname": "EntityFilerCategory", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/DocumentAndEntityInformation" ], "xbrltype": "filerCategoryItemType" }, "dei_EntityIncorporationStateCountryCode": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Two-character EDGAR code representing the state or country of incorporation.", "label": "Entity Incorporation, State or Country Code", "terseLabel": "Entity Incorporation, State or Country Code" } } }, "localname": "EntityIncorporationStateCountryCode", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/DocumentAndEntityInformation" ], "xbrltype": "edgarStateCountryItemType" }, "dei_EntityInteractiveDataCurrent": { "auth_ref": [ "r344" ], "lang": { "en-US": { "role": { "documentation": "Boolean flag that is true when the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).", "label": "Entity Interactive Data Current", "terseLabel": "Entity Interactive Data Current" } } }, "localname": "EntityInteractiveDataCurrent", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/DocumentAndEntityInformation" ], "xbrltype": "yesNoItemType" }, "dei_EntityPublicFloat": { "auth_ref": [], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrant's most recently completed second fiscal quarter.", "label": "Entity Public Float", "terseLabel": "Entity Public Float" } } }, "localname": "EntityPublicFloat", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/DocumentAndEntityInformation" ], "xbrltype": "monetaryItemType" }, "dei_EntityRegistrantName": { "auth_ref": [ "r343" ], "lang": { "en-US": { "role": { "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.", "label": "Entity Registrant Name", "terseLabel": "Entity Registrant Name" } } }, "localname": "EntityRegistrantName", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/DocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityShellCompany": { "auth_ref": [ "r343" ], "lang": { "en-US": { "role": { "documentation": "Boolean flag that is true when the registrant is a shell company as defined in Rule 12b-2 of the Exchange Act.", "label": "Entity Shell Company", "terseLabel": "Entity Shell Company" } } }, "localname": "EntityShellCompany", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/DocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_EntitySmallBusiness": { "auth_ref": [ "r343" ], "lang": { "en-US": { "role": { "documentation": "Indicates that the company is a Smaller Reporting Company (SRC).", "label": "Entity Small Business", "terseLabel": "Entity Small Business" } } }, "localname": "EntitySmallBusiness", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/DocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_EntityTaxIdentificationNumber": { "auth_ref": [ "r343" ], "lang": { "en-US": { "role": { "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.", "label": "Entity Tax Identification Number", "terseLabel": "Entity Tax Identification Number" } } }, "localname": "EntityTaxIdentificationNumber", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/DocumentAndEntityInformation" ], "xbrltype": "employerIdItemType" }, "dei_EntityVoluntaryFilers": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Indicate 'Yes' or 'No' if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.", "label": "Entity Voluntary Filers", "terseLabel": "Entity Voluntary Filers" } } }, "localname": "EntityVoluntaryFilers", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/DocumentAndEntityInformation" ], "xbrltype": "yesNoItemType" }, "dei_EntityWellKnownSeasonedIssuer": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Indicate 'Yes' or 'No' if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Is used on Form Type: 10-K, 10-Q, 8-K, 20-F, 6-K, 10-K/A, 10-Q/A, 20-F/A, 6-K/A, N-CSR, N-Q, N-1A.", "label": "Entity Well-known Seasoned Issuer", "terseLabel": "Entity Well-known Seasoned Issuer" } } }, "localname": "EntityWellKnownSeasonedIssuer", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/DocumentAndEntityInformation" ], "xbrltype": "yesNoItemType" }, "dei_LegalEntityAxis": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The set of legal entities associated with a report.", "label": "Legal Entity [Axis]", "terseLabel": "Legal Entity [Axis]" } } }, "localname": "LegalEntityAxis", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/CommitmentsAndContingenciesInsuranceDetails", "http://www.alx-inc.com/role/MarketableSecuritiesDetails", "http://www.alx-inc.com/role/RelatedPartyTransactionsDetails" ], "xbrltype": "stringItemType" }, "dei_LocalPhoneNumber": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Local phone number for entity.", "label": "Local Phone Number", "terseLabel": "Local Phone Number" } } }, "localname": "LocalPhoneNumber", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/DocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_Security12bTitle": { "auth_ref": [ "r338" ], "lang": { "en-US": { "role": { "documentation": "Title of a 12(b) registered security.", "label": "Title of 12(b) Security", "terseLabel": "Title of 12(b) Security" } } }, "localname": "Security12bTitle", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/DocumentAndEntityInformation" ], "xbrltype": "securityTitleItemType" }, "dei_SecurityExchangeName": { "auth_ref": [ "r340" ], "lang": { "en-US": { "role": { "documentation": "Name of the Exchange on which a security is registered.", "label": "Security Exchange Name", "terseLabel": "Security Exchange Name" } } }, "localname": "SecurityExchangeName", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/DocumentAndEntityInformation" ], "xbrltype": "edgarExchangeCodeItemType" }, "dei_TradingSymbol": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Trading symbol of an instrument as listed on an exchange.", "label": "Trading Symbol", "terseLabel": "Trading Symbol" } } }, "localname": "TradingSymbol", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/DocumentAndEntityInformation" ], "xbrltype": "tradingSymbolItemType" }, "srt_AffiliatedEntityMember": { "auth_ref": [ "r173", "r257", "r259", "r336", "r347" ], "lang": { "en-US": { "role": { "documentation": "An affiliate is a party that, directly or indirectly through one or more intermediaries, controls, is controlled by, or is under common control with the entity.", "label": "Affiliated Entity [Member]", "terseLabel": "Vornado" } } }, "localname": "AffiliatedEntityMember", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlowsParentheticals", "http://www.alx-inc.com/role/RelatedPartyTransactionsDetails", "http://www.alx-inc.com/role/RelatedPartyTransactionsFeesToVornadoDetails" ], "xbrltype": "domainItemType" }, "srt_ApartmentBuildingMember": { "auth_ref": [ "r326", "r335", "r346", "r348" ], "lang": { "en-US": { "role": { "documentation": "Building containing a number of residential apartments.", "label": "Apartment Building [Member]", "terseLabel": "Residence space" } } }, "localname": "ApartmentBuildingMember", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/OrganizationDetails" ], "xbrltype": "domainItemType" }, "srt_DirectorMember": { "auth_ref": [ "r112" ], "lang": { "en-US": { "role": { "documentation": "Person serving on board of directors.", "label": "Director [Member]", "terseLabel": "Director" } } }, "localname": "DirectorMember", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/StockBasedCompensationDetails" ], "xbrltype": "domainItemType" }, "srt_EquityMethodInvesteeNameDomain": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Name of investment, including named security. Excludes consolidated entity.", "label": "Investment, Name [Domain]", "terseLabel": "Investment, Name [Domain]" } } }, "localname": "EquityMethodInvesteeNameDomain", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/SummaryOfQuarterlyResultsUnauditedFootnotesDetails" ], "xbrltype": "domainItemType" }, "srt_MajorCustomersAxis": { "auth_ref": [ "r111", "r166", "r169", "r319" ], "lang": { "en-US": { "role": { "documentation": "Information by name or description of a single external customer or a group of external customers.", "label": "Customer [Axis]", "terseLabel": "Customer [Axis]" } } }, "localname": "MajorCustomersAxis", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/LeasesLessorNarrativeDetails" ], "xbrltype": "stringItemType" }, "srt_MaximumMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Upper limit of the provided range.", "label": "Maximum [Member]", "terseLabel": "Maximum" } } }, "localname": "MaximumMember", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/CommitmentsAndContingenciesLitigationAndContingenciesDetails", "http://www.alx-inc.com/role/LeasesLessorNarrativeDetails", "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationDetails" ], "xbrltype": "domainItemType" }, "srt_MinimumMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Lower limit of the provided range.", "label": "Minimum [Member]", "terseLabel": "Minimum" } } }, "localname": "MinimumMember", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/CommitmentsAndContingenciesLitigationAndContingenciesDetails", "http://www.alx-inc.com/role/LeasesLessorNarrativeDetails", "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationDetails", "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesIncomeTaxesDetails" ], "xbrltype": "domainItemType" }, "srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis": { "auth_ref": [ "r326", "r335", "r346", "r348" ], "lang": { "en-US": { "role": { "documentation": "Information by type of real estate property.", "label": "Real Estate, Type of Property [Axis]", "terseLabel": "Real Estate, Type of Property [Axis]" } } }, "localname": "MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/CommitmentsAndContingenciesLitigationAndContingenciesDetails", "http://www.alx-inc.com/role/MortgagesPayableNarrativeDetails", "http://www.alx-inc.com/role/MortgagesPayableOutstandingMortgagesPayableDetails", "http://www.alx-inc.com/role/OrganizationDetails", "http://www.alx-inc.com/role/RelatedPartyTransactionsDetails", "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationDetails" ], "xbrltype": "stringItemType" }, "srt_MortgageLoansOnRealEstateLineItems": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]", "terseLabel": "Mortgage Loans on Real Estate" } } }, "localname": "MortgageLoansOnRealEstateLineItems", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/MortgagesPayableOutstandingMortgagesPayableDetails" ], "xbrltype": "stringItemType" }, "srt_MortgageLoansOnRealEstateNamePropertyTypeDomain": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Land and any structures permanently fixed to it.", "label": "Real Estate [Domain]", "terseLabel": "Real Estate [Domain]" } } }, "localname": "MortgageLoansOnRealEstateNamePropertyTypeDomain", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/CommitmentsAndContingenciesLitigationAndContingenciesDetails", "http://www.alx-inc.com/role/MortgagesPayableNarrativeDetails", "http://www.alx-inc.com/role/MortgagesPayableOutstandingMortgagesPayableDetails", "http://www.alx-inc.com/role/OrganizationDetails", "http://www.alx-inc.com/role/RelatedPartyTransactionsDetails", "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationDetails" ], "xbrltype": "domainItemType" }, "srt_MortgageLoansOnRealEstateScheduleTable": { "auth_ref": [ "r327", "r351" ], "lang": { "en-US": { "role": { "documentation": "Disclosure of information about investment in mortgage loan on real estate by entity with substantial portion of business acquiring and holding investment real estate or interest in real estate.", "label": "SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate Schedule [Table]", "terseLabel": "SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate Schedule [Table]" } } }, "localname": "MortgageLoansOnRealEstateScheduleTable", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/MortgagesPayableOutstandingMortgagesPayableDetails" ], "xbrltype": "stringItemType" }, "srt_NameOfMajorCustomerDomain": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Single external customer or group of external customers.", "label": "Customer [Domain]", "terseLabel": "Customer [Domain]" } } }, "localname": "NameOfMajorCustomerDomain", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/LeasesLessorNarrativeDetails" ], "xbrltype": "domainItemType" }, "srt_OfficeBuildingMember": { "auth_ref": [ "r326", "r335", "r346", "r348" ], "lang": { "en-US": { "role": { "documentation": "Building designed primarily for the conduct of business, for example, but not limited to, administration, clerical services, and consultation.", "label": "Office Building [Member]", "terseLabel": "Office space" } } }, "localname": "OfficeBuildingMember", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/MortgagesPayableOutstandingMortgagesPayableDetails", "http://www.alx-inc.com/role/OrganizationDetails" ], "xbrltype": "domainItemType" }, "srt_OwnershipAxis": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Information by name of entity in which ownership interest is disclosed. Excludes equity method investee and named security investment.", "label": "Ownership [Axis]", "terseLabel": "Ownership [Axis]" } } }, "localname": "OwnershipAxis", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/RelatedPartyTransactionsDetails" ], "xbrltype": "stringItemType" }, "srt_OwnershipDomain": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Name of entity in which ownership interest is disclosed. Excludes equity method investee and named security investment.", "label": "Ownership [Domain]", "terseLabel": "Ownership [Domain]" } } }, "localname": "OwnershipDomain", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/RelatedPartyTransactionsDetails" ], "xbrltype": "domainItemType" }, "srt_ProductOrServiceAxis": { "auth_ref": [ "r109", "r166", "r167", "r316", "r317" ], "lang": { "en-US": { "role": { "documentation": "Information by product and service, or group of similar products and similar services.", "label": "Product and Service [Axis]", "terseLabel": "Product and Service [Axis]" } } }, "localname": "ProductOrServiceAxis", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/RevenueRecognitionDisaggregationOfRevenueDetails" ], "xbrltype": "stringItemType" }, "srt_ProductsAndServicesDomain": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Product or service, or a group of similar products or similar services.", "label": "Product and Service [Domain]", "terseLabel": "Product and Service [Domain]" } } }, "localname": "ProductsAndServicesDomain", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/RevenueRecognitionDisaggregationOfRevenueDetails" ], "xbrltype": "domainItemType" }, "srt_RangeAxis": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Information by statistical measurement. Includes, but is not limited to, minimum, maximum, weighted average, arithmetic average, and median.", "label": "Statistical Measurement [Axis]", "terseLabel": "Statistical Measurement [Axis]" } } }, "localname": "RangeAxis", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/CommitmentsAndContingenciesLitigationAndContingenciesDetails", "http://www.alx-inc.com/role/LeasesLessorNarrativeDetails", "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationDetails", "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesIncomeTaxesDetails" ], "xbrltype": "stringItemType" }, "srt_RangeMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Statistical measurement. Includes, but is not limited to, minimum, maximum, weighted average, arithmetic average, and median.", "label": "Statistical Measurement [Domain]", "terseLabel": "Statistical Measurement [Domain]" } } }, "localname": "RangeMember", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/CommitmentsAndContingenciesLitigationAndContingenciesDetails", "http://www.alx-inc.com/role/LeasesLessorNarrativeDetails", "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationDetails", "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesIncomeTaxesDetails" ], "xbrltype": "domainItemType" }, "srt_RealEstateAndAccumulatedDepreciationAmountOfEncumbrances": { "auth_ref": [ "r330", "r349" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of lien or mortgage outstanding on real estate investment properties for entities with a substantial portion of business acquiring and holding investment real estate.", "label": "SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Amount of Encumbrances", "terseLabel": "Encumbrances" } } }, "localname": "RealEstateAndAccumulatedDepreciationAmountOfEncumbrances", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationDetails" ], "xbrltype": "monetaryItemType" }, "srt_RealEstateAndAccumulatedDepreciationByPropertyTable": { "auth_ref": [ "r337", "r350" ], "lang": { "en-US": { "role": { "documentation": "Disclosure of information about real estate investments and accompanying accumulated depreciation for entities with a substantial portion of business acquiring and holding investment real estate.", "label": "SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, by Property [Table]", "terseLabel": "SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, by Property [Table]" } } }, "localname": "RealEstateAndAccumulatedDepreciationByPropertyTable", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationRollforwardOfRealEstateAndAccumulatedDeprecationDetails" ], "xbrltype": "stringItemType" }, "srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis": { "auth_ref": [ "r337", "r350", "r352" ], "lang": { "en-US": { "role": { "documentation": "Information by name of property.", "label": "Name of Property [Axis]", "terseLabel": "Name of Property [Axis]" } } }, "localname": "RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/CommitmentsAndContingenciesLitigationAndContingenciesDetails", "http://www.alx-inc.com/role/LeasesLessorNarrativeDetails", "http://www.alx-inc.com/role/MortgagesPayableNarrativeDetails", "http://www.alx-inc.com/role/MortgagesPayableOutstandingMortgagesPayableDetails", "http://www.alx-inc.com/role/OrganizationDetails", "http://www.alx-inc.com/role/RelatedPartyTransactionsDetails", "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationDetails", "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesDetails" ], "xbrltype": "stringItemType" }, "srt_RealEstateAndAccumulatedDepreciationDisclosureAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract]" } } }, "localname": "RealEstateAndAccumulatedDepreciationDisclosureAbstract", "nsuri": "http://fasb.org/srt/2019-01-31", "xbrltype": "stringItemType" }, "srt_RealEstateAndAccumulatedDepreciationDisclosureTextBlock": { "auth_ref": [ "r337", "r350" ], "lang": { "en-US": { "role": { "documentation": "The entire disclosure of real estate investments and associated accumulated depreciation for entities with a significant portion of their business acquiring and holding investment real estate.", "label": "SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Text Block]", "terseLabel": "Schedule III: Real Estate and Accumulated Depreciation" } } }, "localname": "RealEstateAndAccumulatedDepreciationDisclosureTextBlock", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciation" ], "xbrltype": "textBlockItemType" }, "srt_RealEstateAndAccumulatedDepreciationLineItems": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]", "verboseLabel": "SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation" } } }, "localname": "RealEstateAndAccumulatedDepreciationLineItems", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationDetails", "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationRollforwardOfRealEstateAndAccumulatedDeprecationDetails" ], "xbrltype": "stringItemType" }, "srt_RealEstateAndAccumulatedDepreciationNameOfPropertyDomain": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Name of the property, for example, but not limited to, ABC Shopping Center.", "label": "Name of Property [Domain]", "terseLabel": "Name of Property [Domain]" } } }, "localname": "RealEstateAndAccumulatedDepreciationNameOfPropertyDomain", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/CommitmentsAndContingenciesLitigationAndContingenciesDetails", "http://www.alx-inc.com/role/LeasesLessorNarrativeDetails", "http://www.alx-inc.com/role/MortgagesPayableNarrativeDetails", "http://www.alx-inc.com/role/MortgagesPayableOutstandingMortgagesPayableDetails", "http://www.alx-inc.com/role/OrganizationDetails", "http://www.alx-inc.com/role/RelatedPartyTransactionsDetails", "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationDetails", "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesDetails" ], "xbrltype": "domainItemType" }, "srt_RestatementAdjustmentMember": { "auth_ref": [ "r83", "r85", "r86", "r87" ], "lang": { "en-US": { "role": { "documentation": "Effect of a correction of an error, other prior year adjustment, or application of a new accounting pronouncement on a financial statement line item or any per share amounts. The cumulative effect of the change on retained earnings or net assets in the statement of financial position would also be represented under this domain member.", "label": "Restatement Adjustment [Member]", "terseLabel": "Restatement Adjustment" } } }, "localname": "RestatementAdjustmentMember", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesDetails" ], "xbrltype": "domainItemType" }, "srt_RestatementAxis": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Information by revision of previously issued financial statements.", "label": "Restatement [Axis]", "terseLabel": "Restatement [Axis]" } } }, "localname": "RestatementAxis", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesDetails" ], "xbrltype": "stringItemType" }, "srt_RestatementDomain": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Revision of previously issued financial statements.", "label": "Restatement [Domain]", "terseLabel": "Restatement [Domain]" } } }, "localname": "RestatementDomain", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesDetails" ], "xbrltype": "domainItemType" }, "srt_RetailSiteMember": { "auth_ref": [ "r326", "r335", "r346", "r348" ], "lang": { "en-US": { "role": { "documentation": "Locations where products are offered for sale to consumers.", "label": "Retail Site [Member]", "terseLabel": "Retail space" } } }, "localname": "RetailSiteMember", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/MortgagesPayableNarrativeDetails", "http://www.alx-inc.com/role/MortgagesPayableOutstandingMortgagesPayableDetails", "http://www.alx-inc.com/role/OrganizationDetails", "http://www.alx-inc.com/role/RelatedPartyTransactionsDetails", "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationDetails" ], "xbrltype": "domainItemType" }, "srt_ScenarioForecastMember": { "auth_ref": [ "r345" ], "lang": { "en-US": { "role": { "documentation": "Information reported for future period.", "label": "Forecast [Member]", "terseLabel": "Forecast" } } }, "localname": "ScenarioForecastMember", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/CommitmentsAndContingenciesInsuranceDetails", "http://www.alx-inc.com/role/CommitmentsAndContingenciesLitigationAndContingenciesDetails" ], "xbrltype": "domainItemType" }, "srt_ScenarioPreviouslyReportedMember": { "auth_ref": [ "r85", "r86", "r87" ], "lang": { "en-US": { "role": { "documentation": "Represents the amount as previously reported before the correction of an error or other adjustment.", "label": "Previously Reported [Member]", "terseLabel": "Previously Reported" } } }, "localname": "ScenarioPreviouslyReportedMember", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesDetails" ], "xbrltype": "domainItemType" }, "srt_ScenarioUnspecifiedDomain": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Scenario reported, distinguishing information from actual fact. Includes, but is not limited to, pro forma and forecast. Excludes actual facts.", "label": "Scenario [Domain]", "terseLabel": "Scenario [Domain]" } } }, "localname": "ScenarioUnspecifiedDomain", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/CommitmentsAndContingenciesInsuranceDetails", "http://www.alx-inc.com/role/CommitmentsAndContingenciesLitigationAndContingenciesDetails" ], "xbrltype": "domainItemType" }, "srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis": { "auth_ref": [ "r119" ], "lang": { "en-US": { "role": { "documentation": "Information by name of investment, including named security. Excludes consolidated entity.", "label": "Investment, Name [Axis]", "terseLabel": "Investment, Name [Axis]" } } }, "localname": "ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/SummaryOfQuarterlyResultsUnauditedFootnotesDetails" ], "xbrltype": "stringItemType" }, "srt_SegmentGeographicalDomain": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Geographical area.", "label": "Geographical [Domain]", "terseLabel": "Geographical [Domain]" } } }, "localname": "SegmentGeographicalDomain", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationDetails" ], "xbrltype": "domainItemType" }, "srt_StatementGeographicalAxis": { "auth_ref": [ "r110", "r166", "r168", "r318", "r326", "r335", "r346", "r348" ], "lang": { "en-US": { "role": { "documentation": "Information by geographical components.", "label": "Geographical [Axis]", "terseLabel": "Geographical [Axis]" } } }, "localname": "StatementGeographicalAxis", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationDetails" ], "xbrltype": "stringItemType" }, "srt_StatementScenarioAxis": { "auth_ref": [ "r140", "r265" ], "lang": { "en-US": { "role": { "documentation": "Information by scenario reported, distinguishing information from actual fact. Includes, but is not limited to, pro forma and forecast. Excludes actual facts.", "label": "Scenario [Axis]", "terseLabel": "Scenario [Axis]" } } }, "localname": "StatementScenarioAxis", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/CommitmentsAndContingenciesInsuranceDetails", "http://www.alx-inc.com/role/CommitmentsAndContingenciesLitigationAndContingenciesDetails" ], "xbrltype": "stringItemType" }, "srt_TitleOfIndividualAxis": { "auth_ref": [ "r112", "r258" ], "lang": { "en-US": { "role": { "documentation": "Information by title of individual or nature of relationship to individual or group of individuals.", "label": "Title of Individual [Axis]", "terseLabel": "Title of Individual [Axis]" } } }, "localname": "TitleOfIndividualAxis", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/StockBasedCompensationDetails" ], "xbrltype": "stringItemType" }, "srt_TitleOfIndividualWithRelationshipToEntityDomain": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Title of individual, or nature of relationship to individual or group of individuals.", "label": "Title of Individual [Domain]", "terseLabel": "Title of Individual [Domain]" } } }, "localname": "TitleOfIndividualWithRelationshipToEntityDomain", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/StockBasedCompensationDetails" ], "xbrltype": "domainItemType" }, "stpr_NJ": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "NEW JERSEY", "terseLabel": "New Jersey" } } }, "localname": "NJ", "nsuri": "http://xbrl.sec.gov/stpr/2018-01-31", "presentation": [ "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationDetails" ], "xbrltype": "domainItemType" }, "stpr_NY": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "NEW YORK", "terseLabel": "New York" } } }, "localname": "NY", "nsuri": "http://xbrl.sec.gov/stpr/2018-01-31", "presentation": [ "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationDetails" ], "xbrltype": "domainItemType" }, "us-gaap_AccountingPoliciesAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Accounting Policies [Abstract]" } } }, "localname": "AccountingPoliciesAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_AccountingStandardsUpdate201602Member": { "auth_ref": [ "r236" ], "lang": { "en-US": { "role": { "documentation": "Accounting Standards Update 2016-02 Leases (Topic 842).", "label": "Accounting Standards Update 2016-02 [Member]", "terseLabel": "Accounting Standards Update 2016-02" } } }, "localname": "AccountingStandardsUpdate201602Member", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/LeasesLessorNarrativeDetails", "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesDetails" ], "xbrltype": "domainItemType" }, "us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent": { "auth_ref": [ "r290", "r312" ], "calculation": { "http://www.alx-inc.com/role/ConsolidatedBalanceSheets": { "order": 3.0, "parentTag": "us-gaap_Liabilities", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Sum of the carrying values as of the balance sheet date of obligations incurred through that date, including liabilities incurred and payable to vendors for goods and services received, taxes, interest, rent and utilities, compensation costs, payroll taxes and fringe benefits (other than pension and postretirement obligations), contractual rights and obligations, and statutory obligations.", "label": "Accounts Payable and Accrued Liabilities", "terseLabel": "Accounts payable and accrued expenses" } } }, "localname": "AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_AccountsReceivableAllowanceForCreditLossTableTextBlock": { "auth_ref": [ "r126" ], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of allowance for credit loss on accounts receivable.", "label": "Accounts Receivable, Allowance for Credit Loss [Table Text Block]", "terseLabel": "Allowance for Doubtful Accounts" } } }, "localname": "AccountsReceivableAllowanceForCreditLossTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/LeasesTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_AccountsReceivableNet": { "auth_ref": [ "r18", "r301" ], "calculation": { "http://www.alx-inc.com/role/ConsolidatedBalanceSheets": { "order": 5.0, "parentTag": "us-gaap_Assets", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount, after allowance for credit loss, of right to consideration from customer for product sold and service rendered in normal course of business.", "label": "Accounts Receivable, after Allowance for Credit Loss", "terseLabel": "Tenant and other receivables" } } }, "localname": "AccountsReceivableNet", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_AccumulatedAmortizationDeferredFinanceCosts": { "auth_ref": [ "r26", "r222" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of accumulated amortization of debt issuance costs.", "label": "Accumulated Amortization, Debt Issuance Costs", "terseLabel": "Deferred debt issuance costs, accumulated amortization" } } }, "localname": "AccumulatedAmortizationDeferredFinanceCosts", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/MortgagesPayableOutstandingMortgagesPayableDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax": { "auth_ref": [ "r38", "r39", "r40" ], "calculation": { "http://www.alx-inc.com/role/ConsolidatedBalanceSheets": { "order": 5.0, "parentTag": "us-gaap_StockholdersEquityBeforeTreasuryStock", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge.", "label": "Accumulated Other Comprehensive Income (Loss), Net of Tax", "terseLabel": "Accumulated other comprehensive loss" } } }, "localname": "AccumulatedOtherComprehensiveIncomeLossNetOfTax", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_AccumulatedOtherComprehensiveIncomeMember": { "auth_ref": [ "r37", "r40", "r41", "r201" ], "lang": { "en-US": { "role": { "documentation": "Accumulated increase (decrease) in equity from transactions and other events and circumstances from non-owner sources, attributable to the parent. Excludes net income (loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners.", "label": "AOCI Attributable to Parent [Member]", "terseLabel": "Accumulated Other Comprehensive Income (Loss)" } } }, "localname": "AccumulatedOtherComprehensiveIncomeMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfChangesInEquity" ], "xbrltype": "domainItemType" }, "us-gaap_AdditionalPaidInCapital": { "auth_ref": [ "r19" ], "calculation": { "http://www.alx-inc.com/role/ConsolidatedBalanceSheets": { "order": 3.0, "parentTag": "us-gaap_StockholdersEquityBeforeTreasuryStock", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Excess of issue price over par or stated value of the entity's capital stock and amounts received from other transactions involving the entity's stock or stockholders. Includes adjustments to additional paid in capital. Some examples of such adjustments include recording the issuance of debt with a beneficial conversion feature and certain tax consequences of equity instruments awarded to employees. Use this element for the aggregate amount of additional paid-in capital associated with common and preferred stock. For additional paid-in capital associated with only common stock, use the element additional paid in capital, common stock. For additional paid-in capital associated with only preferred stock, use the element additional paid in capital, preferred stock.", "label": "Additional Paid in Capital", "terseLabel": "Additional capital" } } }, "localname": "AdditionalPaidInCapital", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_AdditionalPaidInCapitalMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Excess of issue price over par or stated value of the entity's capital stock and amounts received from other transactions involving the entity's stock or stockholders.", "label": "Additional Paid-in Capital [Member]", "terseLabel": "Additional Capital" } } }, "localname": "AdditionalPaidInCapitalMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfChangesInEquity" ], "xbrltype": "domainItemType" }, "us-gaap_AdjustmentsForErrorCorrectionDomain": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Represents the types error corrections made to the financial statements.", "label": "Adjustments for Error Correction [Domain]", "terseLabel": "Adjustments for Error Correction [Domain]" } } }, "localname": "AdjustmentsForErrorCorrectionDomain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesDetails" ], "xbrltype": "domainItemType" }, "us-gaap_AdjustmentsForNewAccountingPronouncementsAxis": { "auth_ref": [ "r82" ], "lang": { "en-US": { "role": { "documentation": "Information by new accounting pronouncement.", "label": "Adjustments for New Accounting Pronouncements [Axis]", "terseLabel": "Adjustments for New Accounting Pronouncements [Axis]" } } }, "localname": "AdjustmentsForNewAccountingPronouncementsAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/LeasesLessorNarrativeDetails", "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesDetails" ], "xbrltype": "stringItemType" }, "us-gaap_AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Adjustments, Noncash Items, to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract]", "terseLabel": "Change in operating assets and liabilities:" } } }, "localname": "AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "stringItemType" }, "us-gaap_AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition": { "auth_ref": [], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of increase to additional paid-in capital (APIC) for recognition of cost for restricted stock unit under share-based payment arrangement.", "label": "APIC, Share-based Payment Arrangement, Restricted Stock Unit, Increase for Cost Recognition", "terseLabel": "Deferred stock unit grants" } } }, "localname": "AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfChangesInEquity" ], "xbrltype": "monetaryItemType" }, "us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract]", "terseLabel": "Adjustments to reconcile net income to net cash provided by operating activities:" } } }, "localname": "AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "stringItemType" }, "us-gaap_AllowanceForDoubtfulAccountsReceivable": { "auth_ref": [ "r113", "r120", "r122", "r125" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of allowance for credit loss on accounts receivable.", "label": "Accounts Receivable, Allowance for Credit Loss", "periodEndLabel": "Balance at End of Year", "periodStartLabel": "Balance at Beginning of Year", "terseLabel": "Allowance for doubtful accounts" } } }, "localname": "AllowanceForDoubtfulAccountsReceivable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/LeasesAllowanceForDoubtfulAccountsDetails", "http://www.alx-inc.com/role/LeasesLessorNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_AllowanceForDoubtfulAccountsReceivableRecoveries": { "auth_ref": [ "r124" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of increase in allowance for credit loss on accounts receivable, from recovery.", "label": "Accounts Receivable, Allowance for Credit Loss, Recovery", "terseLabel": "Additions: Charged Against Operations" } } }, "localname": "AllowanceForDoubtfulAccountsReceivableRecoveries", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/LeasesAllowanceForDoubtfulAccountsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_AllowanceForDoubtfulAccountsReceivableRollforward": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period.", "label": "Accounts Receivable, Allowance for Credit Loss [Roll Forward]", "terseLabel": "Accounts Receivable, Allowance for Credit Loss [Roll Forward]" } } }, "localname": "AllowanceForDoubtfulAccountsReceivableRollforward", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/LeasesAllowanceForDoubtfulAccountsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_AllowanceForDoubtfulAccountsReceivableWriteOffs": { "auth_ref": [ "r123" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of direct write-downs of accounts receivable charged against the allowance.", "label": "Accounts Receivable, Allowance for Credit Loss, Writeoff", "negatedTerseLabel": "Deductions: Uncollectible Accounts Written Off" } } }, "localname": "AllowanceForDoubtfulAccountsReceivableWriteOffs", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/LeasesAllowanceForDoubtfulAccountsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount": { "auth_ref": [ "r92" ], "lang": { "en-US": { "role": { "documentation": "Securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) or earnings per unit (EPU) in the future that were not included in the computation of diluted EPS or EPU because to do so would increase EPS or EPU amounts or decrease loss per share or unit amounts for the period presented.", "label": "Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount", "terseLabel": "Potentially dilutive securities outstanding" } } }, "localname": "AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/EarningsPerShareNarrativeDetails" ], "xbrltype": "sharesItemType" }, "us-gaap_AreaOfLand": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Area of land held.", "label": "Area of Land", "terseLabel": "Area of land" } } }, "localname": "AreaOfLand", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/CommitmentsAndContingenciesLitigationAndContingenciesDetails", "http://www.alx-inc.com/role/OrganizationDetails" ], "xbrltype": "areaItemType" }, "us-gaap_AreaOfRealEstateProperty": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Area of a real estate property.", "label": "Area of Real Estate Property", "terseLabel": "Area of property (in square feet)", "verboseLabel": "Additional area of property leased (in square feet)" } } }, "localname": "AreaOfRealEstateProperty", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/CommitmentsAndContingenciesLitigationAndContingenciesDetails", "http://www.alx-inc.com/role/LeasesLessorNarrativeDetails", "http://www.alx-inc.com/role/OrganizationDetails", "http://www.alx-inc.com/role/RelatedPartyTransactionsDetails" ], "xbrltype": "areaItemType" }, "us-gaap_ArrangementsAndNonarrangementTransactionsMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Collaborative arrangement and arrangement other than collaborative applicable to revenue-generating activity or operations.", "label": "Collaborative Arrangement and Arrangement Other than Collaborative [Domain]", "terseLabel": "Collaborative Arrangement and Arrangement Other than Collaborative [Domain]" } } }, "localname": "ArrangementsAndNonarrangementTransactionsMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/MortgagesPayableOutstandingMortgagesPayableDetails", "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationDetails" ], "xbrltype": "domainItemType" }, "us-gaap_Assets": { "auth_ref": [ "r107", "r286", "r303" ], "calculation": { "http://www.alx-inc.com/role/ConsolidatedBalanceSheets": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.", "label": "Assets", "totalLabel": "Assets" } } }, "localname": "Assets", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_AssetsAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Assets [Abstract]", "terseLabel": "ASSETS", "verboseLabel": "Assets" } } }, "localname": "AssetsAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedBalanceSheets", "http://www.alx-inc.com/role/ConsolidatedBalanceSheetsParentheticals", "http://www.alx-inc.com/role/FairValueMeasurementsFinancialAssetsAndLiabilitiesNotMeasuredAtFairValueDetails" ], "xbrltype": "stringItemType" }, "us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis": { "auth_ref": [ "r116", "r130" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amortized cost of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale).", "label": "Debt Securities, Available-for-sale, Amortized Cost", "terseLabel": "Available-for-sale securities, amortized cost basis" } } }, "localname": "AvailableForSaleDebtSecuritiesAmortizedCostBasis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/MarketableSecuritiesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_AvailableForSaleSecuritiesDebtSecurities": { "auth_ref": [ "r115", "r117", "r130" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale).", "label": "Debt Securities, Available-for-sale", "verboseLabel": "Fair value" } } }, "localname": "AvailableForSaleSecuritiesDebtSecurities", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/MarketableSecuritiesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_BasisOfAccountingPolicyPolicyTextBlock": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Disclosure of accounting policy for basis of accounting, or basis of presentation, used to prepare the financial statements (for example, US Generally Accepted Accounting Principles, Other Comprehensive Basis of Accounting, IFRS).", "label": "Basis of Accounting, Policy [Policy Text Block]", "terseLabel": "Basis of Presentation" } } }, "localname": "BasisOfAccountingPolicyPolicyTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesPolicies" ], "xbrltype": "textBlockItemType" }, "us-gaap_BuildingImprovementsMember": { "auth_ref": [ "r136" ], "lang": { "en-US": { "role": { "documentation": "Addition, improvement, or renovation to a facility held for productive use including, but not limited to, office, production, storage and distribution facilities.", "label": "Building Improvements [Member]", "terseLabel": "Buildings and leasehold improvements" } } }, "localname": "BuildingImprovementsMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationRollforwardOfRealEstateAndAccumulatedDeprecationDetails" ], "xbrltype": "domainItemType" }, "us-gaap_BuildingsAndImprovementsGross": { "auth_ref": [ "r10", "r136" ], "calculation": { "http://www.alx-inc.com/role/ConsolidatedBalanceSheets": { "order": 2.0, "parentTag": "us-gaap_RealEstateInvestmentPropertyAtCost", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount before accumulated depreciation of building structures held for productive use including addition, improvement, or renovation to the structure, including, but not limited to, interior masonry, interior flooring, electrical, and plumbing.", "label": "Buildings and Improvements, Gross", "terseLabel": "Buildings and leasehold improvements" } } }, "localname": "BuildingsAndImprovementsGross", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_CarryingReportedAmountFairValueDisclosureMember": { "auth_ref": [ "r213", "r214" ], "lang": { "en-US": { "role": { "documentation": "Measured as reported on the statement of financial position (balance sheet).", "label": "Reported Value Measurement [Member]", "terseLabel": "Carrying Amount" } } }, "localname": "CarryingReportedAmountFairValueDisclosureMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/FairValueMeasurementsFinancialAssetsAndLiabilitiesNotMeasuredAtFairValueDetails" ], "xbrltype": "domainItemType" }, "us-gaap_CashAndCashEquivalentsAtCarryingValue": { "auth_ref": [ "r8", "r24", "r68" ], "calculation": { "http://www.alx-inc.com/role/ConsolidatedBalanceSheets": { "order": 2.0, "parentTag": "us-gaap_Assets", "weight": 1.0 }, "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows": { "order": 1.0, "parentTag": "us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.", "label": "Cash and Cash Equivalents, at Carrying Value", "periodEndLabel": "Cash and cash equivalents at end of year", "periodStartLabel": "Cash and cash equivalents at beginning of year", "terseLabel": "Cash and cash equivalents" } } }, "localname": "CashAndCashEquivalentsAtCarryingValue", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedBalanceSheets", "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_CashAndCashEquivalentsFairValueDisclosure": { "auth_ref": [], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Fair value portion of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates.", "label": "Cash and Cash Equivalents, Fair Value Disclosure", "terseLabel": "Cash equivalents" } } }, "localname": "CashAndCashEquivalentsFairValueDisclosure", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/FairValueMeasurementsFinancialAssetsAndLiabilitiesNotMeasuredAtFairValueDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_CashAndCashEquivalentsPolicyTextBlock": { "auth_ref": [ "r11", "r69", "r75" ], "lang": { "en-US": { "role": { "documentation": "Disclosure of accounting policy for cash and cash equivalents, including the policy for determining which items are treated as cash equivalents. Other information that may be disclosed includes (1) the nature of any restrictions on the entity's use of its cash and cash equivalents, (2) whether the entity's cash and cash equivalents are insured or expose the entity to credit risk, (3) the classification of any negative balance accounts (overdrafts), and (4) the carrying basis of cash equivalents (for example, at cost) and whether the carrying amount of cash equivalents approximates fair value.", "label": "Cash and Cash Equivalents, Policy [Policy Text Block]", "terseLabel": "Cash and Cash Equivalents" } } }, "localname": "CashAndCashEquivalentsPolicyTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesPolicies" ], "xbrltype": "textBlockItemType" }, "us-gaap_CashAndCashEquivalentsRestrictedCashAndCashEquivalentsPolicy": { "auth_ref": [ "r11", "r69", "r75", "r284" ], "lang": { "en-US": { "role": { "documentation": "Entity's cash and cash equivalents accounting policy with respect to restricted balances. Restrictions may include legally restricted deposits held as compensating balances against short-term borrowing arrangements, contracts entered into with others, or company statements of intention with regard to particular deposits; however, time deposits and short-term certificates of deposit are not generally included in legally restricted deposits.", "label": "Cash and Cash Equivalents, Restricted Cash and Cash Equivalents, Policy [Policy Text Block]", "terseLabel": "Restricted Cash" } } }, "localname": "CashAndCashEquivalentsRestrictedCashAndCashEquivalentsPolicy", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesPolicies" ], "xbrltype": "textBlockItemType" }, "us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents": { "auth_ref": [ "r62", "r68", "r74" ], "calculation": { "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of cash and cash equivalents, and cash and cash equivalents restricted to withdrawal or usage. Excludes amount for disposal group and discontinued operations. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates.", "label": "Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents", "periodEndLabel": "Cash and cash equivalents and restricted cash at end of year", "periodStartLabel": "Cash and cash equivalents and restricted cash at beginning of year" } } }, "localname": "CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect": { "auth_ref": [ "r62", "r217" ], "calculation": { "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of increase (decrease) in cash, cash equivalents, and cash and cash equivalents restricted to withdrawal or usage; including effect from exchange rate change. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates.", "label": "Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect", "totalLabel": "Net increase (decrease) in cash and cash equivalents and restricted cash" } } }, "localname": "CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffectAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect [Abstract]", "terseLabel": "RECONCILIATION OF CASH AND CASH EQUIVALENTS AND RESTRICTED CASH" } } }, "localname": "CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffectAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "stringItemType" }, "us-gaap_CommitmentsAndContingencies": { "auth_ref": [ "r32", "r139", "r293", "r308" ], "calculation": { "http://www.alx-inc.com/role/ConsolidatedBalanceSheets": { "order": 3.0, "parentTag": "us-gaap_LiabilitiesAndStockholdersEquity", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Represents the caption on the face of the balance sheet to indicate that the entity has entered into (1) purchase or supply arrangements that will require expending a portion of its resources to meet the terms thereof, and (2) is exposed to potential losses or, less frequently, gains, arising from (a) possible claims against a company's resources due to future performance under contract terms, and (b) possible losses or likely gains from uncertainties that will ultimately be resolved when one or more future events that are deemed likely to occur do occur or fail to occur.", "label": "Commitments and Contingencies", "terseLabel": "Commitments and contingencies" } } }, "localname": "CommitmentsAndContingencies", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_CommitmentsAndContingenciesDisclosureAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Commitments and Contingencies Disclosure [Abstract]" } } }, "localname": "CommitmentsAndContingenciesDisclosureAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_CommitmentsAndContingenciesDisclosureTextBlock": { "auth_ref": [ "r138", "r150" ], "lang": { "en-US": { "role": { "documentation": "The entire disclosure for commitments and contingencies.", "label": "Commitments and Contingencies Disclosure [Text Block]", "terseLabel": "Commitments and Contingencies" } } }, "localname": "CommitmentsAndContingenciesDisclosureTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/CommitmentsAndContingencies" ], "xbrltype": "textBlockItemType" }, "us-gaap_CommonStockDividendsPerShareCashPaid": { "auth_ref": [ "r162" ], "lang": { "en-US": { "role": { "documentation": "Aggregate dividends paid during the period for each share of common stock outstanding.", "label": "Common Stock, Dividends, Per Share, Cash Paid", "terseLabel": "Dividends paid per common share (in usd per share)" } } }, "localname": "CommonStockDividendsPerShareCashPaid", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfChangesInEquityParenthetical" ], "xbrltype": "perShareItemType" }, "us-gaap_CommonStockMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Stock that is subordinate to all other stock of the issuer.", "label": "Common Stock [Member]", "terseLabel": "Common Stock" } } }, "localname": "CommonStockMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfChangesInEquity" ], "xbrltype": "domainItemType" }, "us-gaap_CommonStockParOrStatedValuePerShare": { "auth_ref": [ "r17" ], "lang": { "en-US": { "role": { "documentation": "Face amount or stated value per share of common stock.", "label": "Common Stock, Par or Stated Value Per Share", "terseLabel": "Common stock: par value per share (in usd per share)" } } }, "localname": "CommonStockParOrStatedValuePerShare", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedBalanceSheetsParentheticals" ], "xbrltype": "perShareItemType" }, "us-gaap_CommonStockSharesAuthorized": { "auth_ref": [ "r17" ], "lang": { "en-US": { "role": { "documentation": "The maximum number of common shares permitted to be issued by an entity's charter and bylaws.", "label": "Common Stock, Shares Authorized", "terseLabel": "Common stock: authorized shares (in shares)" } } }, "localname": "CommonStockSharesAuthorized", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedBalanceSheetsParentheticals" ], "xbrltype": "sharesItemType" }, "us-gaap_CommonStockSharesIssued": { "auth_ref": [ "r17" ], "lang": { "en-US": { "role": { "documentation": "Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury.", "label": "Common Stock, Shares, Issued", "periodEndLabel": "Ending Balance (in shares)", "periodStartLabel": "Begining Balance (in shares)", "terseLabel": "Common stock: issued shares (in shares)" } } }, "localname": "CommonStockSharesIssued", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedBalanceSheetsParentheticals", "http://www.alx-inc.com/role/ConsolidatedStatementsOfChangesInEquity" ], "xbrltype": "sharesItemType" }, "us-gaap_CommonStockSharesOutstanding": { "auth_ref": [ "r17", "r157" ], "lang": { "en-US": { "role": { "documentation": "Number of shares of common stock outstanding. Common stock represent the ownership interest in a corporation.", "label": "Common Stock, Shares, Outstanding", "terseLabel": "Common stock: outstanding shares (in shares)" } } }, "localname": "CommonStockSharesOutstanding", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedBalanceSheetsParentheticals" ], "xbrltype": "sharesItemType" }, "us-gaap_CommonStockValue": { "auth_ref": [ "r17" ], "calculation": { "http://www.alx-inc.com/role/ConsolidatedBalanceSheets": { "order": 2.0, "parentTag": "us-gaap_StockholdersEquityBeforeTreasuryStock", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity.", "label": "Common Stock, Value, Issued", "terseLabel": "Common stock: $1.00 par value per share; authorized, 10,000,000 shares; issued, 5,173,450 shares; outstanding, 5,107,290 shares" } } }, "localname": "CommonStockValue", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_ComprehensiveIncomeNetOfTax": { "auth_ref": [ "r43", "r45", "r46" ], "calculation": { "http://www.alx-inc.com/role/ConsolidatedStatementsOfComprehensiveIncome": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners.", "label": "Comprehensive Income (Loss), Net of Tax, Attributable to Parent", "totalLabel": "Comprehensive income" } } }, "localname": "ComprehensiveIncomeNetOfTax", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfComprehensiveIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_ConcentrationRiskBenchmarkDomain": { "auth_ref": [ "r101", "r102", "r215", "r216" ], "lang": { "en-US": { "role": { "documentation": "The denominator in a calculation of a disclosed concentration risk percentage.", "label": "Concentration Risk Benchmark [Domain]", "terseLabel": "Concentration Risk Benchmark [Domain]" } } }, "localname": "ConcentrationRiskBenchmarkDomain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/LeasesLessorNarrativeDetails" ], "xbrltype": "domainItemType" }, "us-gaap_ConcentrationRiskByBenchmarkAxis": { "auth_ref": [ "r101", "r102", "r215", "r216", "r320" ], "lang": { "en-US": { "role": { "documentation": "Information by benchmark of concentration risk.", "label": "Concentration Risk Benchmark [Axis]", "terseLabel": "Concentration Risk Benchmark [Axis]" } } }, "localname": "ConcentrationRiskByBenchmarkAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/LeasesLessorNarrativeDetails" ], "xbrltype": "stringItemType" }, "us-gaap_ConcentrationRiskByTypeAxis": { "auth_ref": [ "r101", "r102", "r215", "r216", "r320" ], "lang": { "en-US": { "role": { "documentation": "Information by type of concentration risk, for example, but not limited to, asset, liability, net assets, geographic, customer, employees, supplier, lender.", "label": "Concentration Risk Type [Axis]", "terseLabel": "Concentration Risk Type [Axis]" } } }, "localname": "ConcentrationRiskByTypeAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/LeasesLessorNarrativeDetails" ], "xbrltype": "stringItemType" }, "us-gaap_ConcentrationRiskPercentage1": { "auth_ref": [ "r101", "r102", "r215", "r216" ], "lang": { "en-US": { "role": { "documentation": "For an entity that discloses a concentration risk in relation to quantitative amount, which serves as the \"benchmark\" (or denominator) in the equation, this concept represents the concentration percentage derived from the division.", "label": "Concentration Risk, Percentage", "terseLabel": "Percentage rent contributed by tenant" } } }, "localname": "ConcentrationRiskPercentage1", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/LeasesLessorNarrativeDetails" ], "xbrltype": "percentItemType" }, "us-gaap_ConcentrationRiskTypeDomain": { "auth_ref": [ "r101", "r102", "r215", "r216" ], "lang": { "en-US": { "role": { "documentation": "For an entity that discloses a concentration risk as a percentage of some financial balance or benchmark, identifies the type (for example, asset, liability, net assets, geographic, customer, employees, supplier, lender) of the concentration.", "label": "Concentration Risk Type [Domain]", "terseLabel": "Concentration Risk Type [Domain]" } } }, "localname": "ConcentrationRiskTypeDomain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/LeasesLessorNarrativeDetails" ], "xbrltype": "domainItemType" }, "us-gaap_ConstructionInProgressMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Structure or a modification to a structure under construction. Includes recently completed structures or modifications to structures that have not been placed into service.", "label": "Construction in Progress [Member]", "terseLabel": "Development and construction in progress" } } }, "localname": "ConstructionInProgressMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationRollforwardOfRealEstateAndAccumulatedDeprecationDetails" ], "xbrltype": "domainItemType" }, "us-gaap_CostsAndExpensesRelatedParty": { "auth_ref": [ "r53" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Costs of sales and operating expenses for the period incurred from transactions with related parties.", "label": "Costs and Expenses, Related Party", "terseLabel": "Fees to Vornado" } } }, "localname": "CostsAndExpensesRelatedParty", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfIncomeParentheticals" ], "xbrltype": "monetaryItemType" }, "us-gaap_CustomerConcentrationRiskMember": { "auth_ref": [ "r100" ], "lang": { "en-US": { "role": { "documentation": "Reflects the percentage that revenues in the period from one or more significant customers is to net revenues, as defined by the entity, such as total net revenues, product line revenues, segment revenues. The risk is the materially adverse effects of loss of a significant customer.", "label": "Customer Concentration Risk [Member]", "terseLabel": "Customer Concentration Risk" } } }, "localname": "CustomerConcentrationRiskMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/LeasesLessorNarrativeDetails" ], "xbrltype": "domainItemType" }, "us-gaap_DebtDisclosureAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Debt Disclosure [Abstract]" } } }, "localname": "DebtDisclosureAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_DebtInstrumentAxis": { "auth_ref": [ "r13", "r14", "r15", "r287", "r288", "r300" ], "lang": { "en-US": { "role": { "documentation": "Information by type of debt instrument, including, but not limited to, draws against credit facilities.", "label": "Debt Instrument [Axis]", "terseLabel": "Debt Instrument [Axis]" } } }, "localname": "DebtInstrumentAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/MortgagesPayableNarrativeDetails" ], "xbrltype": "stringItemType" }, "us-gaap_DebtInstrumentBasisSpreadOnVariableRate1": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Percentage points added to the reference rate to compute the variable rate on the debt instrument.", "label": "Debt Instrument, Basis Spread on Variable Rate", "verboseLabel": "Basis spread over LIBOR" } } }, "localname": "DebtInstrumentBasisSpreadOnVariableRate1", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/MortgagesPayableNarrativeDetails", "http://www.alx-inc.com/role/MortgagesPayableOutstandingMortgagesPayableDetails" ], "xbrltype": "percentItemType" }, "us-gaap_DebtInstrumentDescriptionOfVariableRateBasis": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The reference rate for the variable rate of the debt instrument, such as LIBOR or the US Treasury rate and the maturity of the reference rate used, such as three months or six months LIBOR.", "label": "Debt Instrument, Description of Variable Rate Basis", "terseLabel": "Debt instrument, description of variable rate basis" } } }, "localname": "DebtInstrumentDescriptionOfVariableRateBasis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/MortgagesPayableOutstandingMortgagesPayableDetails" ], "xbrltype": "stringItemType" }, "us-gaap_DebtInstrumentInterestRateEffectivePercentage": { "auth_ref": [ "r29", "r155", "r221" ], "lang": { "en-US": { "role": { "documentation": "Effective interest rate for the funds borrowed under the debt agreement considering interest compounding and original issue discount or premium.", "label": "Debt Instrument, Interest Rate, Effective Percentage", "terseLabel": "Interest rate" } } }, "localname": "DebtInstrumentInterestRateEffectivePercentage", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/MortgagesPayableNarrativeDetails", "http://www.alx-inc.com/role/MortgagesPayableOutstandingMortgagesPayableDetails" ], "xbrltype": "percentItemType" }, "us-gaap_DebtInstrumentInterestRateStatedPercentage": { "auth_ref": [ "r29" ], "lang": { "en-US": { "role": { "documentation": "Contractual interest rate for funds borrowed, under the debt agreement.", "label": "Debt Instrument, Interest Rate, Stated Percentage", "terseLabel": "Debt instrument, interest rate, stated percentage" } } }, "localname": "DebtInstrumentInterestRateStatedPercentage", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/CommitmentsAndContingenciesLitigationAndContingenciesDetails" ], "xbrltype": "percentItemType" }, "us-gaap_DebtInstrumentLineItems": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Debt Instrument [Line Items]", "terseLabel": "Debt Instrument [Line Items]" } } }, "localname": "DebtInstrumentLineItems", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/MortgagesPayableNarrativeDetails" ], "xbrltype": "stringItemType" }, "us-gaap_DebtInstrumentMaturityDate": { "auth_ref": [ "r30", "r206" ], "lang": { "en-US": { "role": { "documentation": "Date when the debt instrument is scheduled to be fully repaid, in CCYY-MM-DD format.", "label": "Debt Instrument, Maturity Date", "terseLabel": "Maturity date" } } }, "localname": "DebtInstrumentMaturityDate", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/CommitmentsAndContingenciesLitigationAndContingenciesDetails", "http://www.alx-inc.com/role/MortgagesPayableOutstandingMortgagesPayableDetails" ], "xbrltype": "dateItemType" }, "us-gaap_DebtInstrumentNameDomain": { "auth_ref": [ "r31" ], "lang": { "en-US": { "role": { "documentation": "The name for the particular debt instrument or borrowing that distinguishes it from other debt instruments or borrowings, including draws against credit facilities.", "label": "Debt Instrument, Name [Domain]", "terseLabel": "Debt Instrument, Name [Domain]" } } }, "localname": "DebtInstrumentNameDomain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/MortgagesPayableNarrativeDetails" ], "xbrltype": "domainItemType" }, "us-gaap_DebtInstrumentTable": { "auth_ref": [ "r31", "r78", "r158", "r159", "r160", "r161", "r220", "r221", "r223", "r299" ], "lang": { "en-US": { "role": { "documentation": "A table or schedule providing information pertaining to long-term debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the company, if longer.", "label": "Schedule of Long-term Debt Instruments [Table]", "terseLabel": "Schedule of Long-term Debt Instruments [Table]" } } }, "localname": "DebtInstrumentTable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/MortgagesPayableNarrativeDetails" ], "xbrltype": "stringItemType" }, "us-gaap_DeferredChargesPolicyTextBlock": { "auth_ref": [ "r26", "r75" ], "lang": { "en-US": { "role": { "documentation": "Disclosure of accounting policy for deferral and amortization of significant deferred charges.", "label": "Deferred Charges, Policy [Policy Text Block]", "terseLabel": "Deferred Charges" } } }, "localname": "DeferredChargesPolicyTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesPolicies" ], "xbrltype": "textBlockItemType" }, "us-gaap_DeferredCostsLeasingNet": { "auth_ref": [ "r228", "r229", "r231" ], "calculation": { "http://www.alx-inc.com/role/ConsolidatedBalanceSheets": { "order": 7.0, "parentTag": "us-gaap_Assets", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "This element represents costs incurred by the lessor that are (a) costs to originate a lease incurred in transactions with independent third parties that (i) result directly from and are essential to acquire that lease and (ii) would not have been incurred had that leasing transaction not occurred and (b) certain costs directly related to specified activities performed by the lessor for that lease. Those activities are: evaluating the prospective lessee's financial condition; evaluating and recording guarantees, collateral, and other security arrangements; negotiating lease terms; preparing and processing lease documents; and closing the transaction. This element is net of accumulated amortization.", "label": "Deferred Costs, Leasing, Net", "terseLabel": "Deferred lease and other property costs, net, including unamortized leasing fees to Vornado of $32,374 and $31,039, respectively" } } }, "localname": "DeferredCostsLeasingNet", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_DeferredFinanceCostsNet": { "auth_ref": [ "r26", "r222" ], "calculation": { "http://www.alx-inc.com/role/MortgagesPayableOutstandingMortgagesPayableDetails": { "order": 2.0, "parentTag": "us-gaap_NotesPayable", "weight": -1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount, after accumulated amortization, of debt issuance costs. Includes, but is not limited to, legal, accounting, underwriting, printing, and registration costs.", "label": "Debt Issuance Costs, Net", "negatedLabel": "Deferred debt issuance costs, net of accumulated amortization of $14,362 and $9,212, respectively", "terseLabel": "Deferred debt issuance costs, net" } } }, "localname": "DeferredFinanceCostsNet", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/MortgagesPayableOutstandingMortgagesPayableDetails", "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DeferredRentReceivablesNet": { "auth_ref": [ "r35", "r227", "r230", "r231" ], "calculation": { "http://www.alx-inc.com/role/ConsolidatedBalanceSheets": { "order": 6.0, "parentTag": "us-gaap_Assets", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "The cumulative difference between the rental payments required by a lease agreement and the rental income or expense recognized on a straight-line basis, or other systematic and rational basis more representative of the time pattern in which use or benefit is granted or derived from the leased property, expected to be recognized in income or expense over the term of the leased property, by the lessor or lessee, respectively. Such receivable is reduced by allowances attributable to, for instance, credit risk associated with a lessee.", "label": "Deferred Rent Receivables, Net", "terseLabel": "Receivable arising from the straight-lining of rents" } } }, "localname": "DeferredRentReceivablesNet", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_DepreciationAndAmortization": { "auth_ref": [ "r66", "r135" ], "calculation": { "http://www.alx-inc.com/role/ConsolidatedStatementsOfIncome": { "order": 2.0, "parentTag": "us-gaap_OperatingExpenses", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "The current period expense charged against earnings on long-lived, physical assets not used in production, and which are not intended for resale, to allocate or recognize the cost of such assets over their useful lives; or to record the reduction in book value of an intangible asset over the benefit period of such asset; or to reflect consumption during the period of an asset that is not used in production.", "label": "Depreciation, Depletion and Amortization, Nonproduction", "negatedTerseLabel": "Depreciation and amortization" } } }, "localname": "DepreciationAndAmortization", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_DepreciationDepletionAndAmortization": { "auth_ref": [ "r66", "r106" ], "calculation": { "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows": { "order": 2.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets.", "label": "Depreciation, Depletion and Amortization", "terseLabel": "Depreciation and amortization, including amortization of debt issuance costs" } } }, "localname": "DepreciationDepletionAndAmortization", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_DevelopmentInProcess": { "auth_ref": [ "r311" ], "calculation": { "http://www.alx-inc.com/role/ConsolidatedBalanceSheets": { "order": 3.0, "parentTag": "us-gaap_RealEstateInvestmentPropertyAtCost", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "The current amount of expenditures for a real estate project that has not yet been completed.", "label": "Development in Process", "terseLabel": "Development and construction in progress" } } }, "localname": "DevelopmentInProcess", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_DisaggregationOfRevenueLineItems": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Disaggregation of Revenue [Line Items]", "terseLabel": "Disaggregation of Revenue [Line Items]" } } }, "localname": "DisaggregationOfRevenueLineItems", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/RevenueRecognitionDisaggregationOfRevenueDetails" ], "xbrltype": "stringItemType" }, "us-gaap_DisaggregationOfRevenueTable": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Disclosure of information about disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.", "label": "Disaggregation of Revenue [Table]", "terseLabel": "Disaggregation of Revenue [Table]" } } }, "localname": "DisaggregationOfRevenueTable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/RevenueRecognitionDisaggregationOfRevenueDetails" ], "xbrltype": "stringItemType" }, "us-gaap_DisaggregationOfRevenueTableTextBlock": { "auth_ref": [ "r166" ], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.", "label": "Disaggregation of Revenue [Table Text Block]", "terseLabel": "Disaggregation of Revenue" } } }, "localname": "DisaggregationOfRevenueTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/RevenueRecognitionTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock": { "auth_ref": [ "r186" ], "lang": { "en-US": { "role": { "documentation": "The entire disclosure for share-based payment arrangement.", "label": "Share-based Payment Arrangement [Text Block]", "terseLabel": "Stock-Based Compensation" } } }, "localname": "DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/StockBasedCompensation" ], "xbrltype": "textBlockItemType" }, "us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Share-based Payment Arrangement [Abstract]" } } }, "localname": "DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_DiscontinuedOperationsAndDisposalGroupsAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Discontinued Operations and Disposal Groups [Abstract]" } } }, "localname": "DiscontinuedOperationsAndDisposalGroupsAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_DisposalGroupsIncludingDiscontinuedOperationsDisclosureTextBlock": { "auth_ref": [ "r7", "r137" ], "lang": { "en-US": { "role": { "documentation": "The entire disclosure related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component.", "label": "Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]", "terseLabel": "Discontinued Operation" } } }, "localname": "DisposalGroupsIncludingDiscontinuedOperationsDisclosureTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/DiscontinuedOperations" ], "xbrltype": "textBlockItemType" }, "us-gaap_DividendsCommonStockCash": { "auth_ref": [ "r162" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of paid and unpaid common stock dividends declared with the form of settlement in cash.", "label": "Dividends, Common Stock, Cash", "negatedLabel": "Dividends paid" } } }, "localname": "DividendsCommonStockCash", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfChangesInEquity" ], "xbrltype": "monetaryItemType" }, "us-gaap_DueToRelatedPartiesCurrentAndNoncurrent": { "auth_ref": [ "r79", "r256", "r291", "r313" ], "calculation": { "http://www.alx-inc.com/role/ConsolidatedBalanceSheets": { "order": 2.0, "parentTag": "us-gaap_Liabilities", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Carrying amount as of the balance sheet date of obligations due all related parties.", "label": "Due to Related Parties", "terseLabel": "Amounts due to Vornado" } } }, "localname": "DueToRelatedPartiesCurrentAndNoncurrent", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_EarningsPerShareAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Earnings Per Share [Abstract]" } } }, "localname": "EarningsPerShareAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_EarningsPerShareBasic": { "auth_ref": [ "r50", "r83", "r88", "r89", "r90", "r91", "r94", "r296", "r315" ], "lang": { "en-US": { "role": { "documentation": "The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.", "label": "Earnings Per Share, Basic", "verboseLabel": "Net Income (Loss) Per Common Share - Basic (in dollars per share)" } } }, "localname": "EarningsPerShareBasic", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/SummaryOfQuarterlyResultsUnauditedDetails", "http://www.alx-inc.com/role/SummaryOfQuarterlyResultsUnauditedFootnotesDetails" ], "xbrltype": "perShareItemType" }, "us-gaap_EarningsPerShareBasicAndDiluted": { "auth_ref": [ "r90" ], "calculation": { "http://www.alx-inc.com/role/ConsolidatedStatementsOfIncome": { "order": null, "parentTag": null, "root": true, "weight": null } }, "lang": { "en-US": { "role": { "documentation": "The amount of net income or loss for the period per each share in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements. Basic earnings per share is the amount of net income or loss for the period per each share of common stock or unit outstanding during the reporting period. Diluted earnings per share includes the amount of net income or loss for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.", "label": "Earnings Per Share, Basic and Diluted", "totalLabel": "Net income per common share - basic and diluted (in usd per share)" } } }, "localname": "EarningsPerShareBasicAndDiluted", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfIncome", "http://www.alx-inc.com/role/EarningsPerShareDetails" ], "xbrltype": "perShareItemType" }, "us-gaap_EarningsPerShareBasicAndDilutedAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Earnings Per Share, Basic and Diluted [Abstract]", "terseLabel": "Income per common share - basic and diluted:" } } }, "localname": "EarningsPerShareBasicAndDilutedAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfIncome" ], "xbrltype": "stringItemType" }, "us-gaap_EarningsPerShareDiluted": { "auth_ref": [ "r50", "r83", "r88", "r89", "r90", "r91", "r94", "r296", "r315" ], "lang": { "en-US": { "role": { "documentation": "The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.", "label": "Earnings Per Share, Diluted", "verboseLabel": "Net Income (Loss) Per Common Share - Diluted (in dollars per share)" } } }, "localname": "EarningsPerShareDiluted", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/SummaryOfQuarterlyResultsUnauditedDetails" ], "xbrltype": "perShareItemType" }, "us-gaap_EarningsPerShareTextBlock": { "auth_ref": [ "r95" ], "lang": { "en-US": { "role": { "documentation": "The entire disclosure for earnings per share.", "label": "Earnings Per Share [Text Block]", "terseLabel": "Earnings Per Share" } } }, "localname": "EarningsPerShareTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/EarningsPerShare" ], "xbrltype": "textBlockItemType" }, "us-gaap_EquityComponentDomain": { "auth_ref": [ "r157" ], "lang": { "en-US": { "role": { "documentation": "Components of equity are the parts of the total Equity balance including that which is allocated to common, preferred, treasury stock, retained earnings, etc.", "label": "Equity Component [Domain]", "terseLabel": "Equity Component [Domain]" } } }, "localname": "EquityComponentDomain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfChangesInEquity" ], "xbrltype": "domainItemType" }, "us-gaap_ErrorCorrectionsAndPriorPeriodAdjustmentsRestatementByRestatementPeriodAndAmountAxis": { "auth_ref": [ "r85", "r86", "r87" ], "lang": { "en-US": { "role": { "documentation": "Information by type of error correction.", "label": "Adjustments for Error Corrections [Axis]", "terseLabel": "Adjustments for Error Corrections [Axis]" } } }, "localname": "ErrorCorrectionsAndPriorPeriodAdjustmentsRestatementByRestatementPeriodAndAmountAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesDetails" ], "xbrltype": "stringItemType" }, "us-gaap_EstimateOfFairValueFairValueDisclosureMember": { "auth_ref": [ "r212" ], "lang": { "en-US": { "role": { "documentation": "Measured as an estimate of fair value.", "label": "Estimate of Fair Value Measurement [Member]", "terseLabel": "Fair Value" } } }, "localname": "EstimateOfFairValueFairValueDisclosureMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/FairValueMeasurementsFinancialAssetsAndLiabilitiesNotMeasuredAtFairValueDetails" ], "xbrltype": "domainItemType" }, "us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]", "terseLabel": "Fair Value Measurements" } } }, "localname": "FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/FairValueMeasurementsFinancialAssetsAndLiabilitiesMeasuredAtFairValueDetails", "http://www.alx-inc.com/role/FairValueMeasurementsFinancialAssetsAndLiabilitiesNotMeasuredAtFairValueDetails" ], "xbrltype": "stringItemType" }, "us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable": { "auth_ref": [ "r202", "r203", "r204", "r208" ], "lang": { "en-US": { "role": { "documentation": "Disclosure of information about asset and liability measured at fair value on recurring and nonrecurring basis.", "label": "Fair Value, Recurring and Nonrecurring [Table]", "terseLabel": "Fair Value, Recurring and Nonrecurring [Table]" } } }, "localname": "FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/FairValueMeasurementsFinancialAssetsAndLiabilitiesMeasuredAtFairValueDetails", "http://www.alx-inc.com/role/FairValueMeasurementsFinancialAssetsAndLiabilitiesNotMeasuredAtFairValueDetails" ], "xbrltype": "stringItemType" }, "us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock": { "auth_ref": [ "r202", "r203" ], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).", "label": "Fair Value, Assets Measured on Recurring Basis [Table Text Block]", "terseLabel": "Fair Value, Assets Measured on Recurring Basis" } } }, "localname": "FairValueAssetsMeasuredOnRecurringBasisTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/FairValueMeasurementsTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_FairValueByBalanceSheetGroupingTextBlock": { "auth_ref": [ "r202", "r213" ], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities.", "label": "Fair Value, by Balance Sheet Grouping [Table Text Block]", "terseLabel": "Fair Value, by Balance Sheet Grouping" } } }, "localname": "FairValueByBalanceSheetGroupingTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/FairValueMeasurementsTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_FairValueByFairValueHierarchyLevelAxis": { "auth_ref": [ "r171", "r172", "r174", "r203", "r266" ], "lang": { "en-US": { "role": { "documentation": "Information by level within fair value hierarchy and fair value measured at net asset value per share as practical expedient.", "label": "Fair Value Hierarchy and NAV [Axis]", "terseLabel": "Fair Value Hierarchy and NAV [Axis]" } } }, "localname": "FairValueByFairValueHierarchyLevelAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/FairValueMeasurementsFinancialAssetsAndLiabilitiesMeasuredAtFairValueDetails", "http://www.alx-inc.com/role/FairValueMeasurementsFinancialAssetsAndLiabilitiesNotMeasuredAtFairValueDetails" ], "xbrltype": "stringItemType" }, "us-gaap_FairValueByMeasurementBasisAxis": { "auth_ref": [ "r202", "r209" ], "lang": { "en-US": { "role": { "documentation": "Information by measurement basis.", "label": "Measurement Basis [Axis]", "terseLabel": "Measurement Basis [Axis]" } } }, "localname": "FairValueByMeasurementBasisAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/FairValueMeasurementsFinancialAssetsAndLiabilitiesNotMeasuredAtFairValueDetails" ], "xbrltype": "stringItemType" }, "us-gaap_FairValueByMeasurementFrequencyAxis": { "auth_ref": [ "r202", "r203", "r205", "r206", "r210" ], "lang": { "en-US": { "role": { "documentation": "Information by measurement frequency.", "label": "Measurement Frequency [Axis]", "terseLabel": "Measurement Frequency [Axis]" } } }, "localname": "FairValueByMeasurementFrequencyAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/FairValueMeasurementsFinancialAssetsAndLiabilitiesMeasuredAtFairValueDetails" ], "xbrltype": "stringItemType" }, "us-gaap_FairValueDisclosureItemAmountsDomain": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Measurement basis, for example, but not limited to, reported value, fair value, portion at fair value, portion at other than fair value.", "label": "Fair Value Measurement [Domain]", "terseLabel": "Fair Value Measurement [Domain]" } } }, "localname": "FairValueDisclosureItemAmountsDomain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/FairValueMeasurementsFinancialAssetsAndLiabilitiesNotMeasuredAtFairValueDetails" ], "xbrltype": "domainItemType" }, "us-gaap_FairValueDisclosuresAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Fair Value Disclosures [Abstract]" } } }, "localname": "FairValueDisclosuresAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_FairValueDisclosuresTextBlock": { "auth_ref": [ "r207" ], "lang": { "en-US": { "role": { "documentation": "The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.", "label": "Fair Value Disclosures [Text Block]", "terseLabel": "Fair Value Measurements" } } }, "localname": "FairValueDisclosuresTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/FairValueMeasurements" ], "xbrltype": "textBlockItemType" }, "us-gaap_FairValueInputsLevel1Member": { "auth_ref": [ "r171", "r172", "r174", "r203", "r267" ], "lang": { "en-US": { "role": { "documentation": "Quoted prices in active markets for identical assets or liabilities that the reporting entity can access at the measurement date.", "label": "Fair Value, Inputs, Level 1 [Member]", "terseLabel": "Level 1" } } }, "localname": "FairValueInputsLevel1Member", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/FairValueMeasurementsFinancialAssetsAndLiabilitiesMeasuredAtFairValueDetails", "http://www.alx-inc.com/role/FairValueMeasurementsFinancialAssetsAndLiabilitiesNotMeasuredAtFairValueDetails" ], "xbrltype": "domainItemType" }, "us-gaap_FairValueInputsLevel2Member": { "auth_ref": [ "r171", "r172", "r174", "r203", "r268" ], "lang": { "en-US": { "role": { "documentation": "Inputs other than quoted prices included within level 1 that are observable for an asset or liability, either directly or indirectly, including, but not limited to, quoted prices for similar assets or liabilities in active markets, or quoted prices for identical or similar assets or liabilities in inactive markets.", "label": "Fair Value, Inputs, Level 2 [Member]", "terseLabel": "Level 2" } } }, "localname": "FairValueInputsLevel2Member", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/FairValueMeasurementsFinancialAssetsAndLiabilitiesMeasuredAtFairValueDetails", "http://www.alx-inc.com/role/FairValueMeasurementsFinancialAssetsAndLiabilitiesNotMeasuredAtFairValueDetails" ], "xbrltype": "domainItemType" }, "us-gaap_FairValueInputsLevel3Member": { "auth_ref": [ "r171", "r172", "r174", "r203", "r269" ], "lang": { "en-US": { "role": { "documentation": "Unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.", "label": "Fair Value, Inputs, Level 3 [Member]", "terseLabel": "Level 3" } } }, "localname": "FairValueInputsLevel3Member", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/FairValueMeasurementsFinancialAssetsAndLiabilitiesMeasuredAtFairValueDetails" ], "xbrltype": "domainItemType" }, "us-gaap_FairValueMeasurementFrequencyDomain": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Measurement frequency.", "label": "Measurement Frequency [Domain]", "terseLabel": "Measurement Frequency [Domain]" } } }, "localname": "FairValueMeasurementFrequencyDomain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/FairValueMeasurementsFinancialAssetsAndLiabilitiesMeasuredAtFairValueDetails" ], "xbrltype": "domainItemType" }, "us-gaap_FairValueMeasurementPolicyPolicyTextBlock": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Disclosure of accounting policy for fair value measurements of financial and non-financial assets, liabilities and instruments classified in shareholders' equity. Disclosures include, but are not limited to, how an entity that manages a group of financial assets and liabilities on the basis of its net exposure measures the fair value of those assets and liabilities.", "label": "Fair Value Measurement, Policy [Policy Text Block]", "terseLabel": "Fair Value Measurements" } } }, "localname": "FairValueMeasurementPolicyPolicyTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesPolicies" ], "xbrltype": "textBlockItemType" }, "us-gaap_FairValueMeasurementsFairValueHierarchyDomain": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Categories used to prioritize the inputs to valuation techniques to measure fair value.", "label": "Fair Value Hierarchy and NAV [Domain]", "terseLabel": "Fair Value Hierarchy and NAV [Domain]" } } }, "localname": "FairValueMeasurementsFairValueHierarchyDomain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/FairValueMeasurementsFinancialAssetsAndLiabilitiesMeasuredAtFairValueDetails", "http://www.alx-inc.com/role/FairValueMeasurementsFinancialAssetsAndLiabilitiesNotMeasuredAtFairValueDetails" ], "xbrltype": "domainItemType" }, "us-gaap_FairValueMeasurementsRecurringMember": { "auth_ref": [ "r207", "r210" ], "lang": { "en-US": { "role": { "documentation": "Frequent fair value measurement. Includes, but is not limited to, fair value adjustment for impairment of asset, liability or equity, frequently measured at fair value.", "label": "Fair Value, Recurring [Member]", "terseLabel": "Recurring" } } }, "localname": "FairValueMeasurementsRecurringMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/FairValueMeasurementsFinancialAssetsAndLiabilitiesMeasuredAtFairValueDetails" ], "xbrltype": "domainItemType" }, "us-gaap_FinancialInstrumentAxis": { "auth_ref": [ "r121", "r126", "r127", "r128", "r129", "r131", "r132", "r133", "r134" ], "lang": { "en-US": { "role": { "documentation": "Information by type of financial instrument.", "label": "Financial Instrument [Axis]", "terseLabel": "Financial Instrument [Axis]" } } }, "localname": "FinancialInstrumentAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/FairValueMeasurementsFinancialAssetsAndLiabilitiesMeasuredAtFairValueDetails" ], "xbrltype": "stringItemType" }, "us-gaap_FinancialInstrumentsFinancialAssetsBalanceSheetGroupingsAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Financial Instruments, Financial Assets, Balance Sheet Groupings [Abstract]", "terseLabel": "Financial Instruments, Financial Assets, Balance Sheet Groupings [Abstract]" } } }, "localname": "FinancialInstrumentsFinancialAssetsBalanceSheetGroupingsAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/FairValueMeasurementsFinancialAssetsAndLiabilitiesNotMeasuredAtFairValueDetails" ], "xbrltype": "stringItemType" }, "us-gaap_GainLossOnDispositionOfRealEstateDiscontinuedOperations": { "auth_ref": [], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of difference between the carrying amount and the sales price of real estate properties sold as part of discontinued operations.", "label": "Gain (Loss) on Disposition of Real Estate, Discontinued Operations", "terseLabel": "Gain (loss) on disposition of real estate, discontinued operations" } } }, "localname": "GainLossOnDispositionOfRealEstateDiscontinuedOperations", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/CommitmentsAndContingenciesLitigationAndContingenciesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_GeneralAndAdministrativeExpense": { "auth_ref": [ "r54" ], "calculation": { "http://www.alx-inc.com/role/ConsolidatedStatementsOfIncome": { "order": 3.0, "parentTag": "us-gaap_OperatingExpenses", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line.", "label": "General and Administrative Expense", "negatedTerseLabel": "General and administrative, including management fees to Vornado of $2,380" } } }, "localname": "GeneralAndAdministrativeExpense", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncomeLossFromContinuingOperations": { "auth_ref": [ "r52", "r67", "r91", "r197" ], "calculation": { "http://www.alx-inc.com/role/ConsolidatedStatementsOfIncome": { "order": 1.0, "parentTag": "us-gaap_NetIncomeLoss", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount after tax of income (loss) from continuing operations attributable to the parent.", "label": "Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent", "terseLabel": "Income from continuing operations", "totalLabel": "Income from continuing operations" } } }, "localname": "IncomeLossFromContinuingOperations", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfIncome", "http://www.alx-inc.com/role/EarningsPerShareDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncomeLossFromContinuingOperationsPerBasicAndDilutedShare": { "auth_ref": [], "calculation": { "http://www.alx-inc.com/role/ConsolidatedStatementsOfIncome": { "order": 1.0, "parentTag": "us-gaap_EarningsPerShareBasicAndDiluted", "weight": 1.0 } }, "lang": { "en-US": { "role": { "documentation": "The amount of net income (loss) from continuing operations per each basic and diluted share of common stock or unit when the per share amount is the same for both basic and diluted shares.", "label": "Income (Loss) from Continuing Operations, Per Basic and Diluted Share", "verboseLabel": "Income from continuing operations - basic and diluted (in usd per share)" } } }, "localname": "IncomeLossFromContinuingOperationsPerBasicAndDilutedShare", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfIncome", "http://www.alx-inc.com/role/EarningsPerShareDetails" ], "xbrltype": "perShareItemType" }, "us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity": { "auth_ref": [ "r0", "r1", "r2", "r3", "r4", "r5", "r6", "r198" ], "calculation": { "http://www.alx-inc.com/role/ConsolidatedStatementsOfIncome": { "order": 2.0, "parentTag": "us-gaap_NetIncomeLoss", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount after tax of income (loss) from a discontinued operation attributable to the parent. Includes, but is not limited to, the income (loss) from operations during the phase-out period, gain (loss) on disposal, gain (loss) for reversal of write-down (write-down) to fair value, less cost to sell, and adjustments to a prior period gain (loss) on disposal.", "label": "Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent", "negatedTerseLabel": "Loss from discontinued operations (see Note 6)", "terseLabel": "Loss from discontinued operations (see Note 6)" } } }, "localname": "IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfIncome", "http://www.alx-inc.com/role/EarningsPerShareDetails", "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesIncomeTaxesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare": { "auth_ref": [], "calculation": { "http://www.alx-inc.com/role/ConsolidatedStatementsOfIncome": { "order": 2.0, "parentTag": "us-gaap_EarningsPerShareBasicAndDiluted", "weight": 1.0 } }, "lang": { "en-US": { "role": { "documentation": "Per basic and diluted share amount, after tax, of income (loss) from the day-to-day business activities of the discontinued operation and gain (loss) from the disposal of the discontinued operation, when the per share amount is the same.", "label": "Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic and Diluted Share", "verboseLabel": "Loss from discontinued operations - basic and diluted (in usd per share)" } } }, "localname": "IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfIncome", "http://www.alx-inc.com/role/EarningsPerShareDetails" ], "xbrltype": "perShareItemType" }, "us-gaap_IncomeStatementAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Income Statement [Abstract]" } } }, "localname": "IncomeStatementAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_IncomeTaxPolicyTextBlock": { "auth_ref": [ "r47", "r75", "r188", "r189", "r192", "r193", "r194", "r195", "r328" ], "lang": { "en-US": { "role": { "documentation": "Disclosure of accounting policy for income taxes, which may include its accounting policies for recognizing and measuring deferred tax assets and liabilities and related valuation allowances, recognizing investment tax credits, operating loss carryforwards, tax credit carryforwards, and other carryforwards, methodologies for determining its effective income tax rate and the characterization of interest and penalties in the financial statements.", "label": "Income Tax, Policy [Policy Text Block]", "terseLabel": "Income Taxes" } } }, "localname": "IncomeTaxPolicyTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesPolicies" ], "xbrltype": "textBlockItemType" }, "us-gaap_IncomeTaxReconciliationNondeductibleExpenseDepreciationAndAmortization": { "auth_ref": [ "r190", "r191" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to nondeductible depreciation and amortization.", "label": "Effective Income Tax Rate Reconciliation, Nondeductible Expense, Depreciation and Amortization, Amount", "negatedTerseLabel": "Depreciation and amortization timing differences" } } }, "localname": "IncomeTaxReconciliationNondeductibleExpenseDepreciationAndAmortization", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesIncomeTaxesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncomeTaxReconciliationOtherAdjustments": { "auth_ref": [ "r190" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to other adjustments.", "label": "Effective Income Tax Rate Reconciliation, Other Adjustments, Amount", "negatedTerseLabel": "Other" } } }, "localname": "IncomeTaxReconciliationOtherAdjustments", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesIncomeTaxesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities": { "auth_ref": [ "r65" ], "calculation": { "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows": { "order": 9.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "The increase (decrease) during the reporting period in the amounts payable to vendors for goods and services received and the amount of obligations and expenses incurred but not paid.", "label": "Increase (Decrease) in Accounts Payable and Accrued Liabilities", "terseLabel": "Accounts payable and accrued expenses" } } }, "localname": "IncreaseDecreaseInAccountsPayableAndAccruedLiabilities", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncreaseDecreaseInAccountsReceivable": { "auth_ref": [ "r65" ], "calculation": { "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows": { "order": 6.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The increase (decrease) during the reporting period in amount due within one year (or one business cycle) from customers for the credit sale of goods and services.", "label": "Increase (Decrease) in Accounts Receivable", "negatedLabel": "Tenant and other receivables, net" } } }, "localname": "IncreaseDecreaseInAccountsReceivable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncreaseDecreaseInDueToRelatedParties": { "auth_ref": [ "r65" ], "calculation": { "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows": { "order": 8.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "The increase (decrease) during the reporting period in the aggregate amount of obligations to be paid to the following types of related parties: a parent company and its subsidiaries; subsidiaries of a common parent; an entity and trust for the benefit of employees, such as pension and profit-sharing trusts that are managed by or under the trusteeship of the entities' management; an entity and its principal owners, management, or member of their immediate families; affiliates; or other parties with the ability to exert significant influence.", "label": "Increase (Decrease) in Due to Related Parties", "terseLabel": "Amounts due to Vornado" } } }, "localname": "IncreaseDecreaseInDueToRelatedParties", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncreaseDecreaseInOtherOperatingAssets": { "auth_ref": [ "r65" ], "calculation": { "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows": { "order": 7.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of increase (decrease) in operating assets classified as other.", "label": "Increase (Decrease) in Other Operating Assets", "negatedLabel": "Other assets" } } }, "localname": "IncreaseDecreaseInOtherOperatingAssets", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncreaseDecreaseInOtherOperatingLiabilities": { "auth_ref": [ "r65" ], "calculation": { "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows": { "order": 10.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of increase (decrease) in operating liabilities classified as other.", "label": "Increase (Decrease) in Other Operating Liabilities", "terseLabel": "Other liabilities" } } }, "localname": "IncreaseDecreaseInOtherOperatingLiabilities", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncreaseDecreaseInStockholdersEquityRollForward": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period.", "label": "Increase (Decrease) in Stockholders' Equity [Roll Forward]", "terseLabel": "Increase (Decrease) in Stockholders' Equity [Roll Forward]" } } }, "localname": "IncreaseDecreaseInStockholdersEquityRollForward", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfChangesInEquity" ], "xbrltype": "stringItemType" }, "us-gaap_InsuranceAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Insurance [Abstract]", "terseLabel": "Insurance" } } }, "localname": "InsuranceAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/CommitmentsAndContingenciesInsuranceDetails" ], "xbrltype": "stringItemType" }, "us-gaap_InterestAndDebtExpense": { "auth_ref": [ "r219" ], "calculation": { "http://www.alx-inc.com/role/ConsolidatedStatementsOfIncome": { "order": 4.0, "parentTag": "us-gaap_IncomeLossFromContinuingOperations", "weight": -1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Interest and debt related expenses associated with nonoperating financing activities of the entity.", "label": "Interest and Debt Expense", "negatedLabel": "Interest and debt expense" } } }, "localname": "InterestAndDebtExpense", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_InterestAndOtherIncome": { "auth_ref": [], "calculation": { "http://www.alx-inc.com/role/ConsolidatedStatementsOfIncome": { "order": 3.0, "parentTag": "us-gaap_IncomeLossFromContinuingOperations", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The amount of interest income and other income recognized during the period. Included in this element is interest derived from investments in debt securities, cash and cash equivalents, and other investments which reflect the time value of money or transactions in which the payments are for the use or forbearance of money and other income from ancillary business-related activities (that is, excluding major activities considered part of the normal operations of the business).", "label": "Interest and Other Income", "terseLabel": "Interest and other income, net" } } }, "localname": "InterestAndOtherIncome", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_InterestPaidNet": { "auth_ref": [ "r61", "r63", "r70" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of cash paid for interest, excluding capitalized interest, classified as operating activity. Includes, but is not limited to, payment to settle zero-coupon bond for accreted interest of debt discount and debt instrument with insignificant coupon interest rate in relation to effective interest rate of borrowing attributable to accreted interest of debt discount.", "label": "Interest Paid, Excluding Capitalized Interest, Operating Activities", "terseLabel": "Cash payments for interest" } } }, "localname": "InterestPaidNet", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_InvestmentOwnedBalanceShares": { "auth_ref": [ "r321", "r322", "r323", "r324" ], "lang": { "en-US": { "role": { "documentation": "Balance held at close of period in number of shares.", "label": "Investment Owned, Balance, Shares", "terseLabel": "Investment owned, balance, shares" } } }, "localname": "InvestmentOwnedBalanceShares", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/MarketableSecuritiesDetails" ], "xbrltype": "sharesItemType" }, "us-gaap_InvestmentsFairValueDisclosure": { "auth_ref": [ "r202" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Fair value portion of investment securities, including, but not limited to, marketable securities, derivative financial instruments, and investments accounted for under the equity method.", "label": "Investments, Fair Value Disclosure", "terseLabel": "Total assets" } } }, "localname": "InvestmentsFairValueDisclosure", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/FairValueMeasurementsFinancialAssetsAndLiabilitiesMeasuredAtFairValueDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock": { "auth_ref": [ "r118", "r283", "r298", "r325" ], "lang": { "en-US": { "role": { "documentation": "The entire disclosure for investments in certain debt and equity securities.", "label": "Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]", "terseLabel": "Marketable Securities" } } }, "localname": "InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/MarketableSecurities" ], "xbrltype": "textBlockItemType" }, "us-gaap_Land": { "auth_ref": [ "r9", "r25" ], "calculation": { "http://www.alx-inc.com/role/ConsolidatedBalanceSheets": { "order": 1.0, "parentTag": "us-gaap_RealEstateInvestmentPropertyAtCost", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount before accumulated depletion of real estate held for productive use, excluding land held for sale.", "label": "Land", "terseLabel": "Land" } } }, "localname": "Land", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_LandImprovementsMember": { "auth_ref": [ "r9" ], "lang": { "en-US": { "role": { "documentation": "Additions or improvements to real estate held.", "label": "Land Improvements [Member]", "terseLabel": "Land" } } }, "localname": "LandImprovementsMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationRollforwardOfRealEstateAndAccumulatedDeprecationDetails" ], "xbrltype": "domainItemType" }, "us-gaap_LeaseAndRentalExpense": { "auth_ref": [], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of rent expense incurred for leased assets, including but not limited to, furniture and equipment, that is not directly or indirectly associated with the manufacture, sale or creation of a product or product line.", "label": "Operating Leases, Rent Expense", "terseLabel": "Operating leases, rent expense" } } }, "localname": "LeaseAndRentalExpense", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/LeasesLesseeNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_LeaseExpirationDate1": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Date which lease or group of leases is set to expire, in CCYY-MM-DD format.", "label": "Lease Expiration Date", "terseLabel": "Lease expiration date" } } }, "localname": "LeaseExpirationDate1", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/OrganizationDetails" ], "xbrltype": "dateItemType" }, "us-gaap_LeasesAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Leases [Abstract]" } } }, "localname": "LeasesAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock": { "auth_ref": [ "r244" ], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.", "label": "Lessee, Operating Lease, Liability, Maturity [Table Text Block]", "terseLabel": "Lessee, Operating Lease, Liability, Maturity" } } }, "localname": "LesseeOperatingLeaseLiabilityMaturityTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/LeasesTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue": { "auth_ref": [ "r244" ], "calculation": { "http://www.alx-inc.com/role/LeasesFutureLeasePaymentsUnderOperatingLeaseForTopic842Details": { "order": null, "parentTag": null, "root": true, "weight": null }, "http://www.alx-inc.com/role/LeasesFutureLeasePaymentsUnderOperatingLeaseForTopic842DetailsCalc2": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of lessee's undiscounted obligation for lease payments for operating lease.", "label": "Lessee, Operating Lease, Liability, Payments, Due", "totalLabel": "Total undiscounted cash flows" } } }, "localname": "LesseeOperatingLeaseLiabilityPaymentsDue", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/LeasesFutureLeasePaymentsUnderOperatingLeaseForTopic842Details" ], "xbrltype": "monetaryItemType" }, "us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive": { "auth_ref": [ "r244" ], "calculation": { "http://www.alx-inc.com/role/LeasesFutureLeasePaymentsUnderOperatingLeaseForTopic842Details": { "order": 6.0, "parentTag": "us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of lessee's undiscounted obligation for lease payments for operating lease, due after fifth fiscal year following latest fiscal year.", "label": "Lessee, Operating Lease, Liability, Payments, Due after Year Five", "terseLabel": "Thereafter" } } }, "localname": "LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/LeasesFutureLeasePaymentsUnderOperatingLeaseForTopic842Details" ], "xbrltype": "monetaryItemType" }, "us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths": { "auth_ref": [ "r244" ], "calculation": { "http://www.alx-inc.com/role/LeasesFutureLeasePaymentsUnderOperatingLeaseForTopic842Details": { "order": 1.0, "parentTag": "us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of lessee's undiscounted obligation for lease payments for operating lease, due in next fiscal year following latest fiscal year.", "label": "Lessee, Operating Lease, Liability, Payments, Due Next Twelve Months", "terseLabel": "2020" } } }, "localname": "LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/LeasesFutureLeasePaymentsUnderOperatingLeaseForTopic842Details" ], "xbrltype": "monetaryItemType" }, "us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearFive": { "auth_ref": [ "r244" ], "calculation": { "http://www.alx-inc.com/role/LeasesFutureLeasePaymentsUnderOperatingLeaseForTopic842Details": { "order": 5.0, "parentTag": "us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of lessee's undiscounted obligation for lease payments for operating lease, due in fifth fiscal year following latest fiscal year.", "label": "Lessee, Operating Lease, Liability, Payments, Due Year Five", "terseLabel": "2024" } } }, "localname": "LesseeOperatingLeaseLiabilityPaymentsDueYearFive", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/LeasesFutureLeasePaymentsUnderOperatingLeaseForTopic842Details" ], "xbrltype": "monetaryItemType" }, "us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearFour": { "auth_ref": [ "r244" ], "calculation": { "http://www.alx-inc.com/role/LeasesFutureLeasePaymentsUnderOperatingLeaseForTopic842Details": { "order": 4.0, "parentTag": "us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of lessee's undiscounted obligation for lease payments for operating lease, due in fourth fiscal year following latest fiscal year.", "label": "Lessee, Operating Lease, Liability, Payments, Due Year Four", "terseLabel": "2023" } } }, "localname": "LesseeOperatingLeaseLiabilityPaymentsDueYearFour", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/LeasesFutureLeasePaymentsUnderOperatingLeaseForTopic842Details" ], "xbrltype": "monetaryItemType" }, "us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearThree": { "auth_ref": [ "r244" ], "calculation": { "http://www.alx-inc.com/role/LeasesFutureLeasePaymentsUnderOperatingLeaseForTopic842Details": { "order": 3.0, "parentTag": "us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of lessee's undiscounted obligation for lease payments for operating lease, due in third fiscal year following latest fiscal year.", "label": "Lessee, Operating Lease, Liability, Payments, Due Year Three", "terseLabel": "2022" } } }, "localname": "LesseeOperatingLeaseLiabilityPaymentsDueYearThree", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/LeasesFutureLeasePaymentsUnderOperatingLeaseForTopic842Details" ], "xbrltype": "monetaryItemType" }, "us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearTwo": { "auth_ref": [ "r244" ], "calculation": { "http://www.alx-inc.com/role/LeasesFutureLeasePaymentsUnderOperatingLeaseForTopic842Details": { "order": 2.0, "parentTag": "us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of lessee's undiscounted obligation for lease payments for operating lease, due in second fiscal year following latest fiscal year.", "label": "Lessee, Operating Lease, Liability, Payments, Due Year Two", "terseLabel": "2021" } } }, "localname": "LesseeOperatingLeaseLiabilityPaymentsDueYearTwo", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/LeasesFutureLeasePaymentsUnderOperatingLeaseForTopic842Details" ], "xbrltype": "monetaryItemType" }, "us-gaap_LesseeOperatingLeaseLiabilityUndiscountedExcessAmount": { "auth_ref": [ "r244" ], "calculation": { "http://www.alx-inc.com/role/LeasesFutureLeasePaymentsUnderOperatingLeaseForTopic842DetailsCalc2": { "order": 1.0, "parentTag": "us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of lessee's undiscounted obligation for lease payments in excess of discounted obligation for lease payments for operating lease.", "label": "Lessee, Operating Lease, Liability, Undiscounted Excess Amount", "negatedTerseLabel": "Present value discount" } } }, "localname": "LesseeOperatingLeaseLiabilityUndiscountedExcessAmount", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/LeasesFutureLeasePaymentsUnderOperatingLeaseForTopic842Details" ], "xbrltype": "monetaryItemType" }, "us-gaap_LesseeOperatingLeaseRenewalTerm": { "auth_ref": [ "r240" ], "lang": { "en-US": { "role": { "documentation": "Term of lessee's operating lease renewal, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days.", "label": "Lessee, Operating Lease, Renewal Term", "terseLabel": "Lessee, operating lease, renewal term (years)" } } }, "localname": "LesseeOperatingLeaseRenewalTerm", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/LeasesLesseeNarrativeDetails" ], "xbrltype": "durationItemType" }, "us-gaap_LesseeOperatingLeasesTextBlock": { "auth_ref": [ "r246" ], "lang": { "en-US": { "role": { "documentation": "The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability.", "label": "Lessee, Operating Leases [Text Block]", "terseLabel": "Leases" } } }, "localname": "LesseeOperatingLeasesTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/Leases" ], "xbrltype": "textBlockItemType" }, "us-gaap_LessorLeaseDescriptionLineItems": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Lessor, Lease, Description [Line Items]", "terseLabel": "Lessor, Lease, Description [Line Items]" } } }, "localname": "LessorLeaseDescriptionLineItems", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/LeasesLessorNarrativeDetails" ], "xbrltype": "stringItemType" }, "us-gaap_LessorLeaseDescriptionTable": { "auth_ref": [ "r250" ], "lang": { "en-US": { "role": { "documentation": "Disclosure of information about lessor's leases.", "label": "Lessor, Lease, Description [Table]", "terseLabel": "Lessor, Lease, Description [Table]" } } }, "localname": "LessorLeaseDescriptionTable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/LeasesLessorNarrativeDetails" ], "xbrltype": "stringItemType" }, "us-gaap_LessorOperatingLeasePaymentsToBeReceivedFiveYears": { "auth_ref": [ "r248" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of lease payments to be received by lessor in fifth fiscal year following latest fiscal year for operating lease. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest statement of financial position date.", "label": "Lessor, Operating Lease, Payments to be Received, Five Years", "terseLabel": "2024" } } }, "localname": "LessorOperatingLeasePaymentsToBeReceivedFiveYears", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/LeasesFutureBaseRentalRevenueForTopic842Details" ], "xbrltype": "monetaryItemType" }, "us-gaap_LessorOperatingLeasePaymentsToBeReceivedFourYears": { "auth_ref": [ "r248" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of lease payments to be received by lessor in fourth year following latest fiscal year for operating lease. Excludes interim and annual periods when interim periods are reported on rolling approach, from latest statement of financial position date.", "label": "Lessor, Operating Lease, Payments to be Received, Four Years", "terseLabel": "2023" } } }, "localname": "LessorOperatingLeasePaymentsToBeReceivedFourYears", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/LeasesFutureBaseRentalRevenueForTopic842Details" ], "xbrltype": "monetaryItemType" }, "us-gaap_LessorOperatingLeasePaymentsToBeReceivedMaturityTableTextBlock": { "auth_ref": [ "r248" ], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of maturity of undiscounted cash flows to be received by lessor on annual basis for operating lease.", "label": "Lessor, Operating Lease, Payments to be Received, Maturity [Table Text Block]", "terseLabel": "Lessor, Operating Lease, Payments to be Received, Maturity" } } }, "localname": "LessorOperatingLeasePaymentsToBeReceivedMaturityTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/LeasesTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths": { "auth_ref": [ "r248" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of lease payments to be received by lessor in next fiscal year following latest fiscal year for operating lease. Excludes interim and annual periods when interim periods are reported on rolling approach, from latest statement of financial position date.", "label": "Lessor, Operating Lease, Payments to be Received, Next Twelve Months", "terseLabel": "2020" } } }, "localname": "LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/LeasesFutureBaseRentalRevenueForTopic842Details" ], "xbrltype": "monetaryItemType" }, "us-gaap_LessorOperatingLeasePaymentsToBeReceivedThereafter": { "auth_ref": [ "r248" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of lease payments to be received by lessor after fifth fiscal year following latest statement of financial position date for operating lease. Excludes interim and annual periods when interim periods are reported on rolling approach, from latest statement of financial position date.", "label": "Lessor, Operating Lease, Payments to be Received, Thereafter", "terseLabel": "Thereafter" } } }, "localname": "LessorOperatingLeasePaymentsToBeReceivedThereafter", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/LeasesFutureBaseRentalRevenueForTopic842Details" ], "xbrltype": "monetaryItemType" }, "us-gaap_LessorOperatingLeasePaymentsToBeReceivedThreeYears": { "auth_ref": [ "r248" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of lease payments to be received by lessor in third fiscal year following latest fiscal year for operating lease. Excludes interim and annual periods when interim periods are reported on rolling approach, from latest statement of financial position date.", "label": "Lessor, Operating Lease, Payments to be Received, Three Years", "terseLabel": "2022" } } }, "localname": "LessorOperatingLeasePaymentsToBeReceivedThreeYears", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/LeasesFutureBaseRentalRevenueForTopic842Details" ], "xbrltype": "monetaryItemType" }, "us-gaap_LessorOperatingLeasePaymentsToBeReceivedTwoYears": { "auth_ref": [ "r248" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of lease payments to be received by lessor in second fiscal year following latest fiscal year for operating lease. Excludes interim and annual periods when interim periods are reported on rolling approach, from latest statement of financial position date.", "label": "Lessor, Operating Lease, Payments to be Received, Two Years", "terseLabel": "2021" } } }, "localname": "LessorOperatingLeasePaymentsToBeReceivedTwoYears", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/LeasesFutureBaseRentalRevenueForTopic842Details" ], "xbrltype": "monetaryItemType" }, "us-gaap_LessorOperatingLeaseTermOfContract": { "auth_ref": [ "r249" ], "lang": { "en-US": { "role": { "documentation": "Term of lessor's operating lease, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days.", "label": "Lessor, Operating Lease, Term of Contract", "terseLabel": "Lessor, operating lease, term (years)" } } }, "localname": "LessorOperatingLeaseTermOfContract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/LeasesLessorNarrativeDetails" ], "xbrltype": "durationItemType" }, "us-gaap_LettersOfCreditOutstandingAmount": { "auth_ref": [], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The total amount of the contingent obligation under letters of credit outstanding as of the reporting date.", "label": "Letters of Credit Outstanding, Amount", "terseLabel": "Standby letters of credit, outstanding" } } }, "localname": "LettersOfCreditOutstandingAmount", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/CommitmentsAndContingenciesLitigationAndContingenciesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_Liabilities": { "auth_ref": [ "r28" ], "calculation": { "http://www.alx-inc.com/role/ConsolidatedBalanceSheets": { "order": 1.0, "parentTag": "us-gaap_LiabilitiesAndStockholdersEquity", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future.", "label": "Liabilities", "totalLabel": "Total liabilities" } } }, "localname": "Liabilities", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_LiabilitiesAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Liabilities [Abstract]", "terseLabel": "Liabilities [Abstract]" } } }, "localname": "LiabilitiesAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/FairValueMeasurementsFinancialAssetsAndLiabilitiesNotMeasuredAtFairValueDetails" ], "xbrltype": "stringItemType" }, "us-gaap_LiabilitiesAndStockholdersEquity": { "auth_ref": [ "r23", "r289", "r307" ], "calculation": { "http://www.alx-inc.com/role/ConsolidatedBalanceSheets": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of liabilities and equity items, including the portion of equity attributable to noncontrolling interests, if any.", "label": "Liabilities and Equity", "totalLabel": "Total liabilities and equity" } } }, "localname": "LiabilitiesAndStockholdersEquity", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_LiabilitiesAndStockholdersEquityAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Liabilities and Equity [Abstract]", "verboseLabel": "LIABILITIES AND EQUITY" } } }, "localname": "LiabilitiesAndStockholdersEquityAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "stringItemType" }, "us-gaap_LondonInterbankOfferedRateLIBORMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Interest rate at which a bank borrows funds from other banks in the London interbank market.", "label": "London Interbank Offered Rate (LIBOR) [Member]", "terseLabel": "LIBOR" } } }, "localname": "LondonInterbankOfferedRateLIBORMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/MortgagesPayableNarrativeDetails", "http://www.alx-inc.com/role/MortgagesPayableOutstandingMortgagesPayableDetails" ], "xbrltype": "domainItemType" }, "us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive": { "auth_ref": [ "r80", "r153" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of long-term debt payable, sinking fund requirements, and other securities issued that are redeemable by holder at fixed or determinable prices and dates maturing after the fifth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.", "label": "Long-term Debt, Maturities, Repayments of Principal after Year Five", "terseLabel": "Thereafter" } } }, "localname": "LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/MortgagesPayablePrincipalRepaymentsForNextFiveYearsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths": { "auth_ref": [ "r80", "r153" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of long-term debt payable, sinking fund requirements, and other securities issued that are redeemable by holder at fixed or determinable prices and dates maturing in the next fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.", "label": "Long-term Debt, Maturities, Repayments of Principal in Next Twelve Months", "terseLabel": "2020" } } }, "localname": "LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/MortgagesPayablePrincipalRepaymentsForNextFiveYearsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive": { "auth_ref": [ "r80", "r153" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of long-term debt payable, sinking fund requirements, and other securities issued that are redeemable by holder at fixed or determinable prices and dates maturing in the fifth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.", "label": "Long-term Debt, Maturities, Repayments of Principal in Year Five", "terseLabel": "2024" } } }, "localname": "LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/MortgagesPayablePrincipalRepaymentsForNextFiveYearsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour": { "auth_ref": [ "r80", "r153" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of long-term debt payable, sinking fund requirements, and other securities issued that are redeemable by holder at fixed or determinable prices and dates maturing in the fourth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.", "label": "Long-term Debt, Maturities, Repayments of Principal in Year Four", "terseLabel": "2023" } } }, "localname": "LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/MortgagesPayablePrincipalRepaymentsForNextFiveYearsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree": { "auth_ref": [ "r80", "r153" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of long-term debt payable, sinking fund requirements, and other securities issued that are redeemable by holder at fixed or determinable prices and dates maturing in the third fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.", "label": "Long-term Debt, Maturities, Repayments of Principal in Year Three", "terseLabel": "2022" } } }, "localname": "LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/MortgagesPayablePrincipalRepaymentsForNextFiveYearsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo": { "auth_ref": [ "r80", "r153" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of long-term debt payable, sinking fund requirements, and other securities issued that are redeemable by holder at fixed or determinable prices and dates maturing in the second fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.", "label": "Long-term Debt, Maturities, Repayments of Principal in Year Two", "terseLabel": "2021" } } }, "localname": "LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/MortgagesPayablePrincipalRepaymentsForNextFiveYearsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_LongtermDebtTypeAxis": { "auth_ref": [ "r31" ], "lang": { "en-US": { "role": { "documentation": "Information by type of long-term debt.", "label": "Long-term Debt, Type [Axis]", "terseLabel": "Long-term Debt, Type [Axis]" } } }, "localname": "LongtermDebtTypeAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/MortgagesPayableNarrativeDetails", "http://www.alx-inc.com/role/MortgagesPayableOutstandingMortgagesPayableDetails" ], "xbrltype": "stringItemType" }, "us-gaap_LongtermDebtTypeDomain": { "auth_ref": [ "r31", "r154" ], "lang": { "en-US": { "role": { "documentation": "Type of long-term debt arrangement, such as notes, line of credit, commercial paper, asset-based financing, project financing, letter of credit financing. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the company, if longer.", "label": "Long-term Debt, Type [Domain]", "terseLabel": "Long-term Debt, Type [Domain]" } } }, "localname": "LongtermDebtTypeDomain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/MortgagesPayableNarrativeDetails", "http://www.alx-inc.com/role/MortgagesPayableOutstandingMortgagesPayableDetails" ], "xbrltype": "domainItemType" }, "us-gaap_LossContingenciesByNatureOfContingencyAxis": { "auth_ref": [ "r139", "r140", "r141", "r144", "r145", "r146", "r149", "r151", "r152" ], "lang": { "en-US": { "role": { "documentation": "Information by type of existing condition, situation, or set of circumstances involving uncertainty as to possible loss to an enterprise that will ultimately be resolved when one or more future events occur or fail to occur.", "label": "Loss Contingency Nature [Axis]", "terseLabel": "Loss Contingency Nature [Axis]" } } }, "localname": "LossContingenciesByNatureOfContingencyAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/CommitmentsAndContingenciesLitigationAndContingenciesDetails" ], "xbrltype": "stringItemType" }, "us-gaap_LossContingenciesLineItems": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Loss Contingencies [Line Items]", "terseLabel": "Commitments And Contingencies Disclosure" } } }, "localname": "LossContingenciesLineItems", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/CommitmentsAndContingenciesInsuranceDetails", "http://www.alx-inc.com/role/CommitmentsAndContingenciesLitigationAndContingenciesDetails" ], "xbrltype": "stringItemType" }, "us-gaap_LossContingenciesTable": { "auth_ref": [ "r139", "r140", "r141", "r144", "r145", "r146", "r149", "r151", "r152" ], "lang": { "en-US": { "role": { "documentation": "Discloses the specific components (such as the nature, name, and date) of the loss contingency and gives an estimate of the possible loss or range of loss, or states that a reasonable estimate cannot be made. Excludes environmental contingencies, warranties and unconditional purchase obligations.", "label": "Loss Contingencies [Table]", "terseLabel": "Loss Contingencies [Table]" } } }, "localname": "LossContingenciesTable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/CommitmentsAndContingenciesInsuranceDetails", "http://www.alx-inc.com/role/CommitmentsAndContingenciesLitigationAndContingenciesDetails" ], "xbrltype": "stringItemType" }, "us-gaap_LossContingencyDamagesSoughtValue": { "auth_ref": [ "r139", "r142", "r147" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "The value (monetary amount) of the award the plaintiff seeks in the legal matter.", "label": "Loss Contingency, Damages Sought, Value", "terseLabel": "Loss contingency, damages sought, value" } } }, "localname": "LossContingencyDamagesSoughtValue", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/CommitmentsAndContingenciesLitigationAndContingenciesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_LossContingencyEstimateOfPossibleLoss": { "auth_ref": [ "r143", "r148", "r151" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Reflects the estimated amount of loss from the specified contingency as of the balance sheet date.", "label": "Loss Contingency, Estimate of Possible Loss", "terseLabel": "Loss contingency, estimate of possible loss" } } }, "localname": "LossContingencyEstimateOfPossibleLoss", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/CommitmentsAndContingenciesLitigationAndContingenciesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_LossContingencyNatureDomain": { "auth_ref": [ "r139", "r140", "r141", "r144", "r145", "r146", "r149", "r151", "r152" ], "lang": { "en-US": { "role": { "documentation": "An existing condition, situation, or set of circumstances involving uncertainty as to possible loss to an enterprise that will ultimately be resolved when one or more future events occur or fail to occur. Resolution of the uncertainty may confirm the incurrence of a loss or impairment of an asset or the incurrence of a liability.", "label": "Loss Contingency, Nature [Domain]", "terseLabel": "Loss Contingency, Nature [Domain]" } } }, "localname": "LossContingencyNatureDomain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/CommitmentsAndContingenciesLitigationAndContingenciesDetails" ], "xbrltype": "domainItemType" }, "us-gaap_MajorPropertyClassAxis": { "auth_ref": [ "r234" ], "lang": { "en-US": { "role": { "documentation": "Amount of property owned but leased or available for lease to third parties, by major property class.", "label": "Major Property Class [Axis]", "terseLabel": "Major Property Class [Axis]" } } }, "localname": "MajorPropertyClassAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationRollforwardOfRealEstateAndAccumulatedDeprecationDetails" ], "xbrltype": "stringItemType" }, "us-gaap_MajorPropertyClassDomain": { "auth_ref": [ "r234" ], "lang": { "en-US": { "role": { "documentation": "The major classes of assets leased or available for lease to third parties under operating lease agreements as of the balance sheet date.", "label": "Major Property Class [Domain]", "terseLabel": "Major Property Class [Domain]" } } }, "localname": "MajorPropertyClassDomain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationRollforwardOfRealEstateAndAccumulatedDeprecationDetails" ], "xbrltype": "domainItemType" }, "us-gaap_MarketableSecurities": { "auth_ref": [ "r294" ], "calculation": { "http://www.alx-inc.com/role/ConsolidatedBalanceSheets": { "order": 4.0, "parentTag": "us-gaap_Assets", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of investment in marketable security.", "label": "Marketable Securities", "terseLabel": "Marketable securities" } } }, "localname": "MarketableSecurities", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_MarketableSecuritiesAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Marketable Securities [Abstract]" } } }, "localname": "MarketableSecuritiesAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_MarketableSecuritiesLineItems": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Marketable Securities [Line Items]", "terseLabel": "Marketable Securities [Line Items]" } } }, "localname": "MarketableSecuritiesLineItems", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/MarketableSecuritiesDetails" ], "xbrltype": "stringItemType" }, "us-gaap_MarketableSecuritiesPolicy": { "auth_ref": [ "r297" ], "lang": { "en-US": { "role": { "documentation": "Disclosure of accounting policy for investment classified as marketable security.", "label": "Marketable Securities, Policy [Policy Text Block]", "terseLabel": "Marketable Securities" } } }, "localname": "MarketableSecuritiesPolicy", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesPolicies" ], "xbrltype": "textBlockItemType" }, "us-gaap_MarketableSecuritiesTable": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Disclosure of information about investment in marketable security.", "label": "Marketable Securities [Table]", "terseLabel": "Marketable Securities [Table]" } } }, "localname": "MarketableSecuritiesTable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/MarketableSecuritiesDetails" ], "xbrltype": "stringItemType" }, "us-gaap_MarketableSecuritiesUnrealizedGainLoss": { "auth_ref": [ "r51" ], "calculation": { "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows": { "order": 5.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": -1.0 }, "http://www.alx-inc.com/role/ConsolidatedStatementsOfIncome": { "order": 5.0, "parentTag": "us-gaap_IncomeLossFromContinuingOperations", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of unrealized gain (loss) on investment in marketable security.", "label": "Marketable Securities, Unrealized Gain (Loss)", "negatedTerseLabel": "Change in fair value of marketable securities", "terseLabel": "Change in fair value of marketable securities (see Note 5)" } } }, "localname": "MarketableSecuritiesUnrealizedGainLoss", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows", "http://www.alx-inc.com/role/ConsolidatedStatementsOfIncome", "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesIncomeTaxesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_MinorityInterestOwnershipPercentageByNoncontrollingOwners": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The equity interest of noncontrolling shareholders, partners or other equity holders in consolidated entity.", "label": "Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners", "terseLabel": "Ownership percentage by noncontrolling owners" } } }, "localname": "MinorityInterestOwnershipPercentageByNoncontrollingOwners", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/RelatedPartyTransactionsDetails" ], "xbrltype": "percentItemType" }, "us-gaap_MinorityInterestOwnershipPercentageByParent": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The parent entity's interest in net assets of the subsidiary, expressed as a percentage.", "label": "Noncontrolling Interest, Ownership Percentage by Parent", "terseLabel": "Noncontrolling interest, ownership percentage by parent" } } }, "localname": "MinorityInterestOwnershipPercentageByParent", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/RelatedPartyTransactionsDetails" ], "xbrltype": "percentItemType" }, "us-gaap_MortgageNotesPayableDisclosureTextBlock": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The entire disclosure for mortgage notes payable.", "label": "Mortgage Notes Payable Disclosure [Text Block]", "terseLabel": "Mortgages Payable" } } }, "localname": "MortgageNotesPayableDisclosureTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/MortgagesPayable" ], "xbrltype": "textBlockItemType" }, "us-gaap_MortgagesMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "A loan to finance the purchase of real estate where the lender has a lien on the property as collateral for the loan.", "label": "Mortgages [Member]", "terseLabel": "Mortgages" } } }, "localname": "MortgagesMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/MortgagesPayableNarrativeDetails", "http://www.alx-inc.com/role/MortgagesPayableOutstandingMortgagesPayableDetails" ], "xbrltype": "domainItemType" }, "us-gaap_MultiemployerPlanContributionsByEmployer": { "auth_ref": [ "r175", "r177", "r180" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of contributions made to multiemployer plan by employer.", "label": "Multiemployer Plan, Contributions by Employer", "terseLabel": "Multiemployer plan, contributions by employer" } } }, "localname": "MultiemployerPlanContributionsByEmployer", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/MultiemployerBenefitPlansDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_MultiemployerPlanTypeAxis": { "auth_ref": [ "r175", "r176" ], "lang": { "en-US": { "role": { "documentation": "Information by type of pension or postretirement benefit plan to which two or more unrelated employers contribute where assets contributed by one participating employer may be used to provide benefits to employees of other participating employers. Types of multiemployer plans include pension benefit plans and postretirement benefit plans.", "label": "Multiemployer Plan Type [Axis]", "terseLabel": "Multiemployer Plan Type [Axis]" } } }, "localname": "MultiemployerPlanTypeAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/MultiemployerBenefitPlansDetails" ], "xbrltype": "stringItemType" }, "us-gaap_MultiemployerPlansAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Multiemployer Plans [Abstract]" } } }, "localname": "MultiemployerPlansAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_MultiemployerPlansLineItems": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Multiemployer Plans [Line Items]", "terseLabel": "Multiemployer Plans" } } }, "localname": "MultiemployerPlansLineItems", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/MultiemployerBenefitPlansDetails" ], "xbrltype": "stringItemType" }, "us-gaap_MultiemployerPlansPensionMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Pension benefit plan to which two or more unrelated employers contribute where assets contributed by one participating employer may be used to provide benefits to employees of other participating employers.", "label": "Multiemployer Plans, Pension [Member]", "terseLabel": "Multiemployer Pension Plans" } } }, "localname": "MultiemployerPlansPensionMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/MultiemployerBenefitPlansDetails" ], "xbrltype": "domainItemType" }, "us-gaap_MultiemployerPlansPeriodContributionsSignificanceOfContributions": { "auth_ref": [ "r178" ], "lang": { "en-US": { "role": { "documentation": "Indicates (true false) whether employer contribution represents more than five percent of total contributions to multiemployer plan for most recent plan year available.", "label": "Multiemployer Plans, Period Contributions, Significance of Contributions [true false]", "terseLabel": "Multiemployer plans, period contributions, significance of contributions" } } }, "localname": "MultiemployerPlansPeriodContributionsSignificanceOfContributions", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/MultiemployerBenefitPlansDetails" ], "xbrltype": "booleanItemType" }, "us-gaap_MultiemployerPlansPostretirementBenefitMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Postretirement benefit plan to which two or more unrelated employers contribute where assets contributed by one participating employer may be used to provide benefits to employees of other participating employers.", "label": "Multiemployer Plans, Postretirement Benefit [Member]", "terseLabel": "Multiemployer Health Plans" } } }, "localname": "MultiemployerPlansPostretirementBenefitMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/MultiemployerBenefitPlansDetails" ], "xbrltype": "domainItemType" }, "us-gaap_MultiemployerPlansTypeDomain": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Types of pension or postretirement benefit plans to which two or more unrelated employers contribute to the same plan where assets contributed by one participating employer may be used to provide benefits to employees of other participating employers. Types of multiemployer plans include pension benefit plans and postretirement benefit plans.", "label": "Multiemployer Plans Type [Domain]", "terseLabel": "Multiemployer Plans Type [Domain]" } } }, "localname": "MultiemployerPlansTypeDomain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/MultiemployerBenefitPlansDetails" ], "xbrltype": "domainItemType" }, "us-gaap_NatureOfOperations": { "auth_ref": [ "r99", "r103" ], "lang": { "en-US": { "role": { "documentation": "The entire disclosure for the nature of an entity's business, major products or services, principal markets including location, and the relative importance of its operations in each business and the basis for the determination, including but not limited to, assets, revenues, or earnings. For an entity that has not commenced principal operations, disclosures about the risks and uncertainties related to the activities in which the entity is currently engaged and an understanding of what those activities are being directed toward.", "label": "Nature of Operations [Text Block]", "terseLabel": "Organization" } } }, "localname": "NatureOfOperations", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/Organization" ], "xbrltype": "textBlockItemType" }, "us-gaap_NetCashProvidedByUsedInFinancingActivities": { "auth_ref": [ "r62" ], "calculation": { "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows": { "order": 3.0, "parentTag": "us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of cash inflow (outflow) from financing activities, including discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit.", "label": "Net Cash Provided by (Used in) Financing Activities", "totalLabel": "Net cash (used in) provided by financing activities" } } }, "localname": "NetCashProvidedByUsedInFinancingActivities", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Net Cash Provided by (Used in) Financing Activities [Abstract]", "terseLabel": "CASH FLOWS FROM FINANCING ACTIVITIES" } } }, "localname": "NetCashProvidedByUsedInFinancingActivitiesAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "stringItemType" }, "us-gaap_NetCashProvidedByUsedInInvestingActivities": { "auth_ref": [ "r62" ], "calculation": { "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows": { "order": 2.0, "parentTag": "us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of cash inflow (outflow) from investing activities, including discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets.", "label": "Net Cash Provided by (Used in) Investing Activities", "totalLabel": "Net cash used in investing activities" } } }, "localname": "NetCashProvidedByUsedInInvestingActivities", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Net Cash Provided by (Used in) Investing Activities [Abstract]", "terseLabel": "CASH FLOWS FROM INVESTING ACTIVITIES" } } }, "localname": "NetCashProvidedByUsedInInvestingActivitiesAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "stringItemType" }, "us-gaap_NetCashProvidedByUsedInOperatingActivities": { "auth_ref": [ "r62", "r64", "r67" ], "calculation": { "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows": { "order": 1.0, "parentTag": "us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect", "weight": 1.0 } }, "lang": { "en-US": { "role": { "documentation": "Amount of cash inflow (outflow) from operating activities, including discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities.", "label": "Net Cash Provided by (Used in) Operating Activities", "totalLabel": "Net cash provided by operating activities" } } }, "localname": "NetCashProvidedByUsedInOperatingActivities", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Net Cash Provided by (Used in) Operating Activities [Abstract]", "terseLabel": "CASH FLOWS FROM OPERATING ACTIVITIES" } } }, "localname": "NetCashProvidedByUsedInOperatingActivitiesAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "stringItemType" }, "us-gaap_NetIncomeLoss": { "auth_ref": [ "r42", "r44", "r49", "r67", "r93", "r295", "r314" ], "calculation": { "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows": { "order": 1.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": 1.0 }, "http://www.alx-inc.com/role/ConsolidatedStatementsOfComprehensiveIncome": { "order": 1.0, "parentTag": "us-gaap_ComprehensiveIncomeNetOfTax", "weight": 1.0 }, "http://www.alx-inc.com/role/ConsolidatedStatementsOfIncome": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.", "label": "Net Income (Loss) Attributable to Parent", "terseLabel": "Net income", "totalLabel": "Net income", "verboseLabel": "Net Income (Loss)" } } }, "localname": "NetIncomeLoss", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows", "http://www.alx-inc.com/role/ConsolidatedStatementsOfChangesInEquity", "http://www.alx-inc.com/role/ConsolidatedStatementsOfComprehensiveIncome", "http://www.alx-inc.com/role/ConsolidatedStatementsOfIncome", "http://www.alx-inc.com/role/EarningsPerShareDetails", "http://www.alx-inc.com/role/LeasesLessorNarrativeDetails", "http://www.alx-inc.com/role/SummaryOfQuarterlyResultsUnauditedDetails", "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesIncomeTaxesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification": { "auth_ref": [], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Represents the quantification of the effect of adopting the new accounting standard or change in accounting principle expected by the entity to have a significant effect on the entity's financial statements.", "label": "New Accounting Pronouncement or Change in Accounting Principle, Effect of Adoption, Quantification", "terseLabel": "Cumulative effect of change in accounting principle" } } }, "localname": "NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfChangesInEquity" ], "xbrltype": "monetaryItemType" }, "us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleLineItems": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "New Accounting Pronouncements or Change in Accounting Principle [Line Items]", "terseLabel": "New Accounting Pronouncements or Change in Accounting Principle [Line Items]" } } }, "localname": "NewAccountingPronouncementsOrChangeInAccountingPrincipleLineItems", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesDetails" ], "xbrltype": "stringItemType" }, "us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleTable": { "auth_ref": [ "r82", "r84" ], "lang": { "en-US": { "role": { "documentation": "Summarization of the changes in an accounting principle or a new accounting pronouncement, including the line items affected by the change and the financial effects of the change on those particular line items.", "label": "New Accounting Pronouncements or Change in Accounting Principle [Table]", "terseLabel": "New Accounting Pronouncements or Change in Accounting Principle [Table]" } } }, "localname": "NewAccountingPronouncementsOrChangeInAccountingPrincipleTable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesDetails" ], "xbrltype": "stringItemType" }, "us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Disclosure of accounting policy pertaining to new accounting pronouncements that may impact the entity's financial reporting. Includes, but is not limited to, quantification of the expected or actual impact.", "label": "New Accounting Pronouncements, Policy [Policy Text Block]", "terseLabel": "Recently Issued Accounting Literature" } } }, "localname": "NewAccountingPronouncementsPolicyPolicyTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesPolicies" ], "xbrltype": "textBlockItemType" }, "us-gaap_NotesPayable": { "auth_ref": [ "r15", "r288", "r304" ], "calculation": { "http://www.alx-inc.com/role/ConsolidatedBalanceSheets": { "order": 1.0, "parentTag": "us-gaap_Liabilities", "weight": 1.0 }, "http://www.alx-inc.com/role/MortgagesPayableOutstandingMortgagesPayableDetails": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Including the current and noncurrent portions, aggregate carrying amount of all types of notes payable, as of the balance sheet date, with initial maturities beyond one year or beyond the normal operating cycle, if longer.", "label": "Notes Payable", "negatedLabel": "Mortgages payable, net of deferred debt issuance costs", "terseLabel": "Mortgages payable, net of deferred debt issuance costs", "totalLabel": "Notes Payable (in US dollars)", "verboseLabel": "Mortgages payable, carrying value" } } }, "localname": "NotesPayable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/CommitmentsAndContingenciesLitigationAndContingenciesDetails", "http://www.alx-inc.com/role/ConsolidatedBalanceSheets", "http://www.alx-inc.com/role/MortgagesPayableNarrativeDetails", "http://www.alx-inc.com/role/MortgagesPayableOutstandingMortgagesPayableDetails", "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_NotesPayableFairValueDisclosure": { "auth_ref": [ "r27" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Fair value portion of notes payable.", "label": "Notes Payable, Fair Value Disclosure", "terseLabel": "Mortgages payable (excluding deferred debt issuance costs, net)" } } }, "localname": "NotesPayableFairValueDisclosure", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/FairValueMeasurementsFinancialAssetsAndLiabilitiesNotMeasuredAtFairValueDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_NumberOfRealEstateProperties": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The number of real estate properties owned as of the balance sheet date.", "label": "Number of Real Estate Properties", "terseLabel": "Number of properties" } } }, "localname": "NumberOfRealEstateProperties", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/OrganizationDetails" ], "xbrltype": "integerItemType" }, "us-gaap_NumberOfReportableSegments": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Number of segments reported by the entity. A reportable segment is a component of an entity for which there is an accounting requirement to report separate financial information on that component in the entity's financial statements.", "label": "Number of Reportable Segments", "terseLabel": "Number of segments" } } }, "localname": "NumberOfReportableSegments", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/OrganizationDetails" ], "xbrltype": "integerItemType" }, "us-gaap_NumberOfUnitsInRealEstateProperty": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The number of units in a real estate property owned as of the balance sheet date.", "label": "Number of Units in Real Estate Property", "terseLabel": "Number of property units" } } }, "localname": "NumberOfUnitsInRealEstateProperty", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/OrganizationDetails" ], "xbrltype": "integerItemType" }, "us-gaap_OperatingCostsAndExpenses": { "auth_ref": [], "calculation": { "http://www.alx-inc.com/role/ConsolidatedStatementsOfIncome": { "order": 1.0, "parentTag": "us-gaap_OperatingExpenses", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Excludes Selling, General and Administrative Expense.", "label": "Operating Costs and Expenses", "negatedTerseLabel": "Operating, including fees to Vornado of $5,386, $4,700 and $4,671, respectively" } } }, "localname": "OperatingCostsAndExpenses", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_OperatingExpenses": { "auth_ref": [], "calculation": { "http://www.alx-inc.com/role/ConsolidatedStatementsOfIncome": { "order": 2.0, "parentTag": "us-gaap_IncomeLossFromContinuingOperations", "weight": -1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense.", "label": "Operating Expenses", "negatedTotalLabel": "Total expenses" } } }, "localname": "OperatingExpenses", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_OperatingExpensesAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Operating Expenses [Abstract]", "terseLabel": "EXPENSES" } } }, "localname": "OperatingExpensesAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfIncome" ], "xbrltype": "stringItemType" }, "us-gaap_OperatingLeaseLeaseIncome": { "auth_ref": [ "r97", "r247", "r253" ], "calculation": { "http://www.alx-inc.com/role/RevenueRecognitionComponentsOfLeaseRevenueDetails": { "order": null, "parentTag": null, "root": true, "weight": null }, "http://www.alx-inc.com/role/RevenueRecognitionDisaggregationOfRevenueDetails": { "order": 1.0, "parentTag": "us-gaap_Revenues", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of operating lease income from lease payments and variable lease payments paid and payable to lessor. Includes, but is not limited to, variable lease payments not included in measurement of lease receivable.", "label": "Operating Lease, Lease Income", "terseLabel": "Lease revenues", "totalLabel": "Lease revenues" } } }, "localname": "OperatingLeaseLeaseIncome", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/RevenueRecognitionComponentsOfLeaseRevenueDetails", "http://www.alx-inc.com/role/RevenueRecognitionDisaggregationOfRevenueDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_OperatingLeaseLeaseIncomeLeasePayments": { "auth_ref": [ "r97", "r251" ], "calculation": { "http://www.alx-inc.com/role/RevenueRecognitionComponentsOfLeaseRevenueDetails": { "order": 1.0, "parentTag": "us-gaap_OperatingLeaseLeaseIncome", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of operating lease income from lease payments paid and payable to lessor. Excludes variable lease payments not included in measurement of lease receivable.", "label": "Operating Lease, Lease Income, Lease Payments", "terseLabel": "Fixed lease revenues" } } }, "localname": "OperatingLeaseLeaseIncomeLeasePayments", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/RevenueRecognitionComponentsOfLeaseRevenueDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_OperatingLeaseLeaseIncomeTableTextBlock": { "auth_ref": [ "r97", "r253" ], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of components of income from operating lease.", "label": "Operating Lease, Lease Income [Table Text Block]", "terseLabel": "Operating Lease, Lease Income" } } }, "localname": "OperatingLeaseLeaseIncomeTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/RevenueRecognitionTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_OperatingLeaseLiability": { "auth_ref": [ "r238" ], "calculation": { "http://www.alx-inc.com/role/LeasesFutureLeasePaymentsUnderOperatingLeaseForTopic842DetailsCalc2": { "order": 2.0, "parentTag": "us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Present value of lessee's discounted obligation for lease payments from operating lease.", "label": "Operating Lease, Liability", "terseLabel": "Lease liability", "verboseLabel": "Lease liability as of December 31, 2019" } } }, "localname": "OperatingLeaseLiability", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/LeasesFutureLeasePaymentsUnderOperatingLeaseForTopic842Details", "http://www.alx-inc.com/role/LeasesLesseeNarrativeDetails", "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_OperatingLeasePayments": { "auth_ref": [ "r239", "r241" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of cash outflow from operating lease, excluding payments to bring another asset to condition and location necessary for its intended use.", "label": "Operating Lease, Payments", "terseLabel": "Operating lease, payments" } } }, "localname": "OperatingLeasePayments", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/LeasesLesseeNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_OperatingLeaseRightOfUseAsset": { "auth_ref": [ "r237" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of lessee's right to use underlying asset under operating lease.", "label": "Operating Lease, Right-of-Use Asset", "terseLabel": "Right-of-use asset" } } }, "localname": "OperatingLeaseRightOfUseAsset", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/LeasesLesseeNarrativeDetails", "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_OperatingLeaseVariableLeaseIncome": { "auth_ref": [ "r97", "r252" ], "calculation": { "http://www.alx-inc.com/role/RevenueRecognitionComponentsOfLeaseRevenueDetails": { "order": 2.0, "parentTag": "us-gaap_OperatingLeaseLeaseIncome", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of operating lease income from variable lease payments paid and payable to lessor, excluding amount included in measurement of lease receivable.", "label": "Operating Lease, Variable Lease Income", "terseLabel": "Variable lease revenues" } } }, "localname": "OperatingLeaseVariableLeaseIncome", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/RevenueRecognitionComponentsOfLeaseRevenueDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_OperatingLeaseWeightedAverageDiscountRatePercent": { "auth_ref": [ "r243", "r245" ], "lang": { "en-US": { "role": { "documentation": "Weighted average discount rate for operating lease calculated at point in time.", "label": "Operating Lease, Weighted Average Discount Rate, Percent", "terseLabel": "Weighted average discount rate (percentage)" } } }, "localname": "OperatingLeaseWeightedAverageDiscountRatePercent", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/LeasesLesseeNarrativeDetails" ], "xbrltype": "percentItemType" }, "us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent": { "auth_ref": [ "r224", "r232" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of required minimum rental payments for operating leases having an initial or remaining non-cancelable lease term in excess of one year due in the next fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.", "label": "Operating Leases, Future Minimum Payments Due, Next Twelve Months", "terseLabel": "2019" } } }, "localname": "OperatingLeasesFutureMinimumPaymentsDueCurrent", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/LeasesFutureLeasePaymentsUnderOperatingLeaseForTopic840Details" ], "xbrltype": "monetaryItemType" }, "us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears": { "auth_ref": [ "r224", "r232" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of required minimum rental payments for operating leases having an initial or remaining non-cancelable lease term in excess of one year due in the fifth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.", "label": "Operating Leases, Future Minimum Payments, Due in Five Years", "terseLabel": "2023" } } }, "localname": "OperatingLeasesFutureMinimumPaymentsDueInFiveYears", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/LeasesFutureLeasePaymentsUnderOperatingLeaseForTopic840Details" ], "xbrltype": "monetaryItemType" }, "us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears": { "auth_ref": [ "r224", "r232" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of required minimum rental payments for operating leases having an initial or remaining non-cancelable lease term in excess of one year due in the fourth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.", "label": "Operating Leases, Future Minimum Payments, Due in Four Years", "terseLabel": "2022" } } }, "localname": "OperatingLeasesFutureMinimumPaymentsDueInFourYears", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/LeasesFutureLeasePaymentsUnderOperatingLeaseForTopic840Details" ], "xbrltype": "monetaryItemType" }, "us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears": { "auth_ref": [ "r224", "r232" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of required minimum rental payments for operating leases having an initial or remaining non-cancelable lease term in excess of one year due in the third fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.", "label": "Operating Leases, Future Minimum Payments, Due in Three Years", "terseLabel": "2021" } } }, "localname": "OperatingLeasesFutureMinimumPaymentsDueInThreeYears", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/LeasesFutureLeasePaymentsUnderOperatingLeaseForTopic840Details" ], "xbrltype": "monetaryItemType" }, "us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears": { "auth_ref": [ "r224", "r232" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of required minimum rental payments for operating leases having an initial or remaining non-cancelable lease term in excess of one year due in the second fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.", "label": "Operating Leases, Future Minimum Payments, Due in Two Years", "terseLabel": "2020" } } }, "localname": "OperatingLeasesFutureMinimumPaymentsDueInTwoYears", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/LeasesFutureLeasePaymentsUnderOperatingLeaseForTopic840Details" ], "xbrltype": "monetaryItemType" }, "us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter": { "auth_ref": [ "r224", "r232" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of required minimum rental payments for operating leases having an initial or remaining non-cancelable lease term in excess of one year due after the fifth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.", "label": "Operating Leases, Future Minimum Payments, Due Thereafter", "terseLabel": "Thereafter" } } }, "localname": "OperatingLeasesFutureMinimumPaymentsDueThereafter", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/LeasesFutureLeasePaymentsUnderOperatingLeaseForTopic840Details" ], "xbrltype": "monetaryItemType" }, "us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableCurrent": { "auth_ref": [ "r235" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Future rental payments receivable within one year of the balance sheet date under an operating lease.", "label": "Operating Leases, Future Minimum Payments Receivable, Current", "terseLabel": "2019" } } }, "localname": "OperatingLeasesFutureMinimumPaymentsReceivableCurrent", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/LeasesFutureBaseRentalRevenueForTopic840Details" ], "xbrltype": "monetaryItemType" }, "us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears": { "auth_ref": [ "r235" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Future rental payments receivable within the fifth year from the balance sheet date under an operating lease.", "label": "Operating Leases, Future Minimum Payments Receivable, in Five Years", "terseLabel": "2023" } } }, "localname": "OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/LeasesFutureBaseRentalRevenueForTopic840Details" ], "xbrltype": "monetaryItemType" }, "us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInFourYears": { "auth_ref": [ "r235" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Future rental payments receivable within the fourth year from the balance sheet date under an operating lease.", "label": "Operating Leases, Future Minimum Payments Receivable, in Four Years", "terseLabel": "2022" } } }, "localname": "OperatingLeasesFutureMinimumPaymentsReceivableInFourYears", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/LeasesFutureBaseRentalRevenueForTopic840Details" ], "xbrltype": "monetaryItemType" }, "us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears": { "auth_ref": [ "r235" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Future rental payments receivable within the third year from the balance sheet date under an operating lease.", "label": "Operating Leases, Future Minimum Payments Receivable, in Three Years", "terseLabel": "2021" } } }, "localname": "OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/LeasesFutureBaseRentalRevenueForTopic840Details" ], "xbrltype": "monetaryItemType" }, "us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears": { "auth_ref": [ "r235" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Future rental payments receivable within the second year from the balance sheet date under an operating lease.", "label": "Operating Leases, Future Minimum Payments Receivable, in Two Years", "terseLabel": "2020" } } }, "localname": "OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/LeasesFutureBaseRentalRevenueForTopic840Details" ], "xbrltype": "monetaryItemType" }, "us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableThereafter": { "auth_ref": [ "r235" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Future minimum lease payments receivable under operating leases for periods greater than five years following the balance sheet date.", "label": "Operating Leases, Future Minimum Payments Receivable, Thereafter", "terseLabel": "Thereafter" } } }, "localname": "OperatingLeasesFutureMinimumPaymentsReceivableThereafter", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/LeasesFutureBaseRentalRevenueForTopic840Details" ], "xbrltype": "monetaryItemType" }, "us-gaap_OperatingLeasesIncomeStatementLeaseRevenue": { "auth_ref": [ "r227" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The total amount of revenue recognized for the period from operating leases, including minimum lease revenue, contingent revenue, percentage revenue and sublease revenue.", "label": "Operating Leases, Income Statement, Lease Revenue", "negatedLabel": "Property rentals", "terseLabel": "Property rentals" } } }, "localname": "OperatingLeasesIncomeStatementLeaseRevenue", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/CommitmentsAndContingenciesLitigationAndContingenciesDetails", "http://www.alx-inc.com/role/OrganizationDetails", "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_OperatingLeasesOfLessorDisclosureTextBlock": { "auth_ref": [ "r225", "r226", "r254" ], "lang": { "en-US": { "role": { "documentation": "The entire disclosure for lessor's operating leases.", "label": "Lessor, Operating Leases [Text Block]", "terseLabel": "Leases" } } }, "localname": "OperatingLeasesOfLessorDisclosureTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/Leases" ], "xbrltype": "textBlockItemType" }, "us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Organization, Consolidation and Presentation of Financial Statements [Abstract]" } } }, "localname": "OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_OtherAssets": { "auth_ref": [ "r12", "r285", "r302" ], "calculation": { "http://www.alx-inc.com/role/ConsolidatedBalanceSheets": { "order": 8.0, "parentTag": "us-gaap_Assets", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of assets classified as other.", "label": "Other Assets", "terseLabel": "Other assets" } } }, "localname": "OtherAssets", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent": { "auth_ref": [ "r198", "r199", "r200" ], "calculation": { "http://www.alx-inc.com/role/ConsolidatedStatementsOfComprehensiveIncome": { "order": 2.0, "parentTag": "us-gaap_ComprehensiveIncomeNetOfTax", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount after tax and reclassification adjustments, of appreciation (loss) in value of unsold available-for-sale securities, attributable to parent entity. Excludes amounts related to other than temporary impairment (OTTI) loss.", "label": "Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment, Net of Tax, Portion Attributable to Parent", "terseLabel": "Change in fair value of marketable securities (see Note 5)", "verboseLabel": "Change in fair value of marketable securities" } } }, "localname": "OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfChangesInEquity", "http://www.alx-inc.com/role/ConsolidatedStatementsOfComprehensiveIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent": { "auth_ref": [ "r198", "r199", "r200" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount after tax and reclassification adjustments, of increase (decrease) in accumulated gain (loss) from derivative instruments designated and qualifying as the effective portion of cash flow hedges and an entity's share of an equity investee's increase (decrease) in deferred hedging gain (loss), attributable to parent entity.", "label": "Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax, Portion Attributable to Parent", "terseLabel": "Change in value of interest rate cap" } } }, "localname": "OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfChangesInEquity" ], "xbrltype": "monetaryItemType" }, "us-gaap_OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParentAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Other Comprehensive Income (Loss), before Tax, Portion Attributable to Parent [Abstract]", "terseLabel": "Other comprehensive income (loss):" } } }, "localname": "OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParentAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfComprehensiveIncome" ], "xbrltype": "stringItemType" }, "us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax": { "auth_ref": [ "r36", "r38" ], "calculation": { "http://www.alx-inc.com/role/ConsolidatedStatementsOfComprehensiveIncome": { "order": 3.0, "parentTag": "us-gaap_ComprehensiveIncomeNetOfTax", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount, after tax and reclassification, of gain (loss) from derivative instrument designated and qualifying as cash flow hedge included in assessment of hedge effectiveness.", "label": "Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification and Tax", "terseLabel": "Change in value of interest rate cap" } } }, "localname": "OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfComprehensiveIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_OtherLiabilities": { "auth_ref": [ "r292" ], "calculation": { "http://www.alx-inc.com/role/ConsolidatedBalanceSheets": { "order": 4.0, "parentTag": "us-gaap_Liabilities", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of liabilities classified as other.", "label": "Other Liabilities", "terseLabel": "Other liabilities" } } }, "localname": "OtherLiabilities", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_ParkingMember": { "auth_ref": [ "r167" ], "lang": { "en-US": { "role": { "documentation": "Space used for parking equipment used primarily for road transportation.", "label": "Parking [Member]", "terseLabel": "Parking revenue" } } }, "localname": "ParkingMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/RevenueRecognitionDisaggregationOfRevenueDetails" ], "xbrltype": "domainItemType" }, "us-gaap_ParticipatingMortgageLoansParticipationLiabilitiesAmount": { "auth_ref": [ "r156" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The aggregate amount of the participation liability at the end of the accounting period.", "label": "Participating Mortgage Loans, Participation Liabilities, Amount", "terseLabel": "Loan participation balance" } } }, "localname": "ParticipatingMortgageLoansParticipationLiabilitiesAmount", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/MortgagesPayableNarrativeDetails", "http://www.alx-inc.com/role/MortgagesPayableOutstandingMortgagesPayableDetails", "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationDetails", "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_PaymentsOfDebtIssuanceCosts": { "auth_ref": [ "r60" ], "calculation": { "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows": { "order": 4.0, "parentTag": "us-gaap_NetCashProvidedByUsedInFinancingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The cash outflow paid to third parties in connection with debt origination, which will be amortized over the remaining maturity period of the associated long-term debt.", "label": "Payments of Debt Issuance Costs", "negatedLabel": "Debt issuance costs" } } }, "localname": "PaymentsOfDebtIssuanceCosts", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_PaymentsOfDividendsCommonStock": { "auth_ref": [ "r58" ], "calculation": { "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows": { "order": 3.0, "parentTag": "us-gaap_NetCashProvidedByUsedInFinancingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of cash outflow in the form of ordinary dividends to common shareholders of the parent entity.", "label": "Payments of Ordinary Dividends, Common Stock", "negatedLabel": "Dividends paid" } } }, "localname": "PaymentsOfDividendsCommonStock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_PaymentsToAcquireLoansHeldForInvestment": { "auth_ref": [ "r56" ], "calculation": { "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows": { "order": 2.0, "parentTag": "us-gaap_NetCashProvidedByUsedInInvestingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The cash outflow associated with purchasing loans held for investment purposes during the period.", "label": "Payments to Acquire Loans Held-for-investment", "negatedTerseLabel": "Rego Park II loan participation" } } }, "localname": "PaymentsToAcquireLoansHeldForInvestment", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock": { "auth_ref": [ "r181" ], "lang": { "en-US": { "role": { "documentation": "The entire disclosure for pension and other postretirement benefits.", "label": "Pension and Other Postretirement Benefits Disclosure [Text Block]", "terseLabel": "Multiemployer Benefit Plans" } } }, "localname": "PensionAndOtherPostretirementBenefitsDisclosureTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/MultiemployerBenefitPlans" ], "xbrltype": "textBlockItemType" }, "us-gaap_PortionAtFairValueFairValueDisclosureMember": { "auth_ref": [ "r211" ], "lang": { "en-US": { "role": { "documentation": "Measured at fair value for financial reporting purposes.", "label": "Portion at Fair Value Measurement [Member]", "terseLabel": "Portion at Fair Value Measurement [Member]" } } }, "localname": "PortionAtFairValueFairValueDisclosureMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/FairValueMeasurementsFinancialAssetsAndLiabilitiesNotMeasuredAtFairValueDetails" ], "xbrltype": "domainItemType" }, "us-gaap_PreferredStockParOrStatedValuePerShare": { "auth_ref": [ "r16" ], "lang": { "en-US": { "role": { "documentation": "Face amount or stated value per share of preferred stock nonredeemable or redeemable solely at the option of the issuer.", "label": "Preferred Stock, Par or Stated Value Per Share", "terseLabel": "Preferred stock: par value per share (in usd per share)" } } }, "localname": "PreferredStockParOrStatedValuePerShare", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedBalanceSheetsParentheticals" ], "xbrltype": "perShareItemType" }, "us-gaap_PreferredStockSharesAuthorized": { "auth_ref": [ "r16" ], "lang": { "en-US": { "role": { "documentation": "The maximum number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) permitted to be issued by an entity's charter and bylaws.", "label": "Preferred Stock, Shares Authorized", "terseLabel": "Preferred stock: authorized shares (in shares)" } } }, "localname": "PreferredStockSharesAuthorized", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedBalanceSheetsParentheticals" ], "xbrltype": "sharesItemType" }, "us-gaap_PreferredStockSharesIssued": { "auth_ref": [ "r16" ], "lang": { "en-US": { "role": { "documentation": "Total number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) issued to shareholders (includes related preferred shares that were issued, repurchased, and remain in the treasury). May be all or portion of the number of preferred shares authorized. Excludes preferred shares that are classified as debt.", "label": "Preferred Stock, Shares Issued", "terseLabel": "Preferred stock: issued shares (in shares)" } } }, "localname": "PreferredStockSharesIssued", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedBalanceSheetsParentheticals" ], "xbrltype": "sharesItemType" }, "us-gaap_PreferredStockSharesOutstanding": { "auth_ref": [ "r16" ], "lang": { "en-US": { "role": { "documentation": "Aggregate share number for all nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer) held by stockholders. Does not include preferred shares that have been repurchased.", "label": "Preferred Stock, Shares Outstanding", "terseLabel": "Preferred stock: outstanding shares (in shares)" } } }, "localname": "PreferredStockSharesOutstanding", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedBalanceSheetsParentheticals" ], "xbrltype": "sharesItemType" }, "us-gaap_PreferredStockValue": { "auth_ref": [ "r16" ], "calculation": { "http://www.alx-inc.com/role/ConsolidatedBalanceSheets": { "order": 1.0, "parentTag": "us-gaap_StockholdersEquityBeforeTreasuryStock", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Aggregate par or stated value of issued nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable preferred shares, par value and other disclosure concepts are in another section within stockholders' equity.", "label": "Preferred Stock, Value, Issued", "terseLabel": "Preferred stock: $1.00 par value per share; authorized, 3,000,000 shares; issued and outstanding, none" } } }, "localname": "PreferredStockValue", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_ProceedsFromIssuanceOfLongTermDebt": { "auth_ref": [ "r57" ], "calculation": { "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows": { "order": 2.0, "parentTag": "us-gaap_NetCashProvidedByUsedInFinancingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "The cash inflow from a debt initially having maturity due after one year or beyond the operating cycle, if longer.", "label": "Proceeds from Issuance of Long-term Debt", "terseLabel": "Proceeds from borrowing" } } }, "localname": "ProceedsFromIssuanceOfLongTermDebt", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_ProceedsFromNotesPayable": { "auth_ref": [ "r57" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "The cash inflow from a borrowing supported by a written promise to pay an obligation.", "label": "Proceeds from Notes Payable", "terseLabel": "Proceeds from loan participation" } } }, "localname": "ProceedsFromNotesPayable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/MortgagesPayableNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment": { "auth_ref": [ "r55" ], "calculation": { "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows": { "order": 3.0, "parentTag": "us-gaap_NetCashProvidedByUsedInInvestingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "The cash inflow from repayments of the balance excluding interest (principal) on loans receivable and leases held for investment purposes.", "label": "Proceeds from Principal Repayments on Loans and Leases Held-for-investment", "terseLabel": "Repayment of Rego Park II loan participation" } } }, "localname": "ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_PropertyManagementFeePercentFee": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The percentage charged for managing real estate properties.", "label": "Property Management Fee, Percent Fee", "terseLabel": "Property management fee, percent fee" } } }, "localname": "PropertyManagementFeePercentFee", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/RelatedPartyTransactionsDetails" ], "xbrltype": "percentItemType" }, "us-gaap_PropertyPlantAndEquipmentUsefulLife": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Useful life of long lived, physical assets used in the normal conduct of business and not intended for resale, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Examples include, but not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment.", "label": "Property, Plant and Equipment, Useful Life", "terseLabel": "Life on which Depreciation in Latest Income Statement is Computed" } } }, "localname": "PropertyPlantAndEquipmentUsefulLife", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationDetails" ], "xbrltype": "durationItemType" }, "us-gaap_PropertySubjectToOrAvailableForOperatingLeaseAxis": { "auth_ref": [ "r234" ], "lang": { "en-US": { "role": { "documentation": "Information by property that could be leased or is available for lease.", "label": "Property Subject to or Available for Operating Lease [Axis]", "terseLabel": "Property Subject to or Available for Operating Lease [Axis]" } } }, "localname": "PropertySubjectToOrAvailableForOperatingLeaseAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/OrganizationDetails" ], "xbrltype": "stringItemType" }, "us-gaap_PropertySubjectToOrAvailableForOperatingLeaseDomain": { "auth_ref": [ "r234" ], "lang": { "en-US": { "role": { "documentation": "A descriptive title of whether the property is subject to or available for operating lease.", "label": "Property Subject to or Available for Operating Lease [Domain]", "terseLabel": "Property Subject to or Available for Operating Lease [Domain]" } } }, "localname": "PropertySubjectToOrAvailableForOperatingLeaseDomain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/OrganizationDetails" ], "xbrltype": "domainItemType" }, "us-gaap_QuarterlyFinancialDataAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Quarterly Financial Data [Abstract]" } } }, "localname": "QuarterlyFinancialDataAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_QuarterlyFinancialInformationTextBlock": { "auth_ref": [ "r98" ], "lang": { "en-US": { "role": { "documentation": "The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information.", "label": "Quarterly Financial Information [Text Block]", "terseLabel": "Summary of Quarterly Results (Unaudited)" } } }, "localname": "QuarterlyFinancialInformationTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/SummaryOfQuarterlyResultsUnaudited" ], "xbrltype": "textBlockItemType" }, "us-gaap_RealEstateAccumulatedDepreciation": { "auth_ref": [ "r334" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of accumulated depreciation pertaining to real estate investments for entities with a substantial portion of business acquiring and holding investment real estate.", "label": "SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Accumulated Depreciation", "periodEndLabel": "Balance at end of the period", "periodStartLabel": "Balance at beginning of period", "terseLabel": "Accumulated Depreciation and Amortization" } } }, "localname": "RealEstateAccumulatedDepreciation", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationDetails", "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationRollforwardOfRealEstateAndAccumulatedDeprecationDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_RealEstateAccumulatedDepreciationOtherAdditions": { "auth_ref": [ "r336" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of other additions to accumulated depreciation other than depreciation expense for entities with a substantial portion of business acquiring and holding investment real estate.", "label": "SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Accumulated Depreciation, Other Addition", "terseLabel": "Additions charged to operating expenses" } } }, "localname": "RealEstateAccumulatedDepreciationOtherAdditions", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationRollforwardOfRealEstateAndAccumulatedDeprecationDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_RealEstateAccumulatedDepreciationRealEstateSold": { "auth_ref": [ "r336" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of decrease to accumulated depreciation for real estate investments sold for entities with a substantial portion of business acquiring and holding investment real estate.", "label": "SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Accumulated Depreciation, Investment in Real Estate Sold", "negatedLabel": "Less: Fully depreciated assets" } } }, "localname": "RealEstateAccumulatedDepreciationRealEstateSold", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationRollforwardOfRealEstateAndAccumulatedDeprecationDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements": { "auth_ref": [ "r333" ], "calculation": { "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationDetails": { "order": 2.0, "parentTag": "us-gaap_RealEstateGrossAtCarryingValue", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount before accumulated depreciation of buildings and improvements for entities with a substantial portion of business acquiring and holding investment real estate. Excludes real estate not held as an investment or interest.", "label": "SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Building and Improvements, Amount", "terseLabel": "Carrying amount of Buildings and Leasehold improvements" } } }, "localname": "RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_RealEstateAndAccumulatedDepreciationCarryingAmountOfLand": { "auth_ref": [ "r333" ], "calculation": { "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationDetails": { "order": 1.0, "parentTag": "us-gaap_RealEstateGrossAtCarryingValue", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of land for entities with a substantial portion of business acquiring and holding investment real estate. Excludes real estate not held as an investment or interest.", "label": "SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Land, Amount", "terseLabel": "Carrying amount of Land" } } }, "localname": "RealEstateAndAccumulatedDepreciationCarryingAmountOfLand", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionImprovements": { "auth_ref": [ "r332" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of land and buildings and improvements made to real estate investments and capitalized after acquisition for entities with a substantial portion of business acquiring and holding investment real estate.", "label": "SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Cost Capitalized Subsequent to Acquisition, Improvements", "terseLabel": "Costs capitalized subsequent to acquisition" } } }, "localname": "RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionImprovements", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements": { "auth_ref": [ "r331" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Initial cost of buildings and improvements for entities with a substantial portion of business acquiring and holding investment real estate. Excludes real estate not held as an investment or interest.", "label": "SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Initial Cost of Building and Improvements", "terseLabel": "Initial cost of Building and Leasehold improvements" } } }, "localname": "RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_RealEstateAndAccumulatedDepreciationInitialCostOfLand": { "auth_ref": [ "r331" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Initial cost of land for entities with a substantial portion of business acquiring and holding investment real estate. Excludes real estate not held as an investment or interest.", "label": "SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Initial Cost of Land", "terseLabel": "Initial cost of Land" } } }, "localname": "RealEstateAndAccumulatedDepreciationInitialCostOfLand", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_RealEstateGrossAtCarryingValue": { "auth_ref": [ "r333" ], "calculation": { "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationDetails": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount, before accumulated depreciation, of real estate investment by entity with substantial portion of business acquiring and holding investment real estate or interest in real estate. Excludes real estate not held as investment or interest.", "label": "SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Gross", "periodEndLabel": "Balance at end of the period", "periodStartLabel": "Balance at beginning of period", "totalLabel": "Total" } } }, "localname": "RealEstateGrossAtCarryingValue", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationDetails", "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationRollforwardOfRealEstateAndAccumulatedDeprecationDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_RealEstateImprovements": { "auth_ref": [ "r336" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of increase in real estate investments related to improvements for entities with a substantial portion of business acquiring and holding investment real estate.", "label": "SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Improvements", "terseLabel": "Changes during the period" } } }, "localname": "RealEstateImprovements", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationRollforwardOfRealEstateAndAccumulatedDeprecationDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation": { "auth_ref": [ "r309" ], "calculation": { "http://www.alx-inc.com/role/ConsolidatedBalanceSheets": { "order": 2.0, "parentTag": "us-gaap_RealEstateInvestmentPropertyNet", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The cumulative amount of depreciation for real estate property held for investment purposes.", "label": "Real Estate Investment Property, Accumulated Depreciation", "negatedLabel": "Accumulated depreciation and amortization" } } }, "localname": "RealEstateInvestmentPropertyAccumulatedDepreciation", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_RealEstateInvestmentPropertyAtCost": { "auth_ref": [ "r310" ], "calculation": { "http://www.alx-inc.com/role/ConsolidatedBalanceSheets": { "order": 1.0, "parentTag": "us-gaap_RealEstateInvestmentPropertyNet", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of real estate investment property which may include the following: (1) land available-for-sale; (2) land available-for-development; (3) investments in building and building improvements; (4) tenant allowances; (5) developments in-process; (6) rental properties; and (7) other real estate investments.", "label": "Real Estate Investment Property, at Cost", "totalLabel": "Total" } } }, "localname": "RealEstateInvestmentPropertyAtCost", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_RealEstateInvestmentPropertyAtCostAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Real Estate Investment Property, at Cost [Abstract]", "terseLabel": "Real estate, at cost:" } } }, "localname": "RealEstateInvestmentPropertyAtCostAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "stringItemType" }, "us-gaap_RealEstateInvestmentPropertyNet": { "auth_ref": [ "r310" ], "calculation": { "http://www.alx-inc.com/role/ConsolidatedBalanceSheets": { "order": 1.0, "parentTag": "us-gaap_Assets", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of real estate investment property, net of accumulated depreciation, which may include the following: (1) land available-for-sale; (2) land available-for-development; (3) investments in building and building improvements; (4) tenant allowances; (5) developments in-process; (6) rental properties; and (7) other real estate investments.", "label": "Real Estate Investment Property, Net", "terseLabel": "Real estate, net", "totalLabel": "Real estate, net" } } }, "localname": "RealEstateInvestmentPropertyNet", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedBalanceSheets", "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_RealEstateOtherDeductions": { "auth_ref": [ "r336" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of other deductions to real estate investments, excluding sales, for entities with a substantial portion of business acquiring and holding investment real estate.", "label": "SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Other Deduction", "negatedLabel": "Less: Fully depreciated assets" } } }, "localname": "RealEstateOtherDeductions", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationRollforwardOfRealEstateAndAccumulatedDeprecationDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_RealEstatePolicyTextBlock": { "auth_ref": [ "r75", "r218", "r329" ], "lang": { "en-US": { "role": { "documentation": "Disclosure of accounting policy for entities that primarily develop and then sell real property at retail or otherwise.", "label": "Real Estate, Policy [Policy Text Block]", "terseLabel": "Real Estate" } } }, "localname": "RealEstatePolicyTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesPolicies" ], "xbrltype": "textBlockItemType" }, "us-gaap_RealEstatePropertiesLineItems": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Real Estate Properties [Line Items]", "terseLabel": "Real Estate Properties" } } }, "localname": "RealEstatePropertiesLineItems", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/OrganizationDetails" ], "xbrltype": "stringItemType" }, "us-gaap_RealEstateTaxExpense": { "auth_ref": [ "r187" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "A tax based on the assessed value of real estate by the local government. The tax is usually based on the value of property (including the land).", "label": "Real Estate Tax Expense", "terseLabel": "Total real property tax expense" } } }, "localname": "RealEstateTaxExpense", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/DiscontinuedOperationsDetails", "http://www.alx-inc.com/role/SummaryOfQuarterlyResultsUnauditedFootnotesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_ReconciliationOfCarryingAmountOfRealEstateInvestmentsRollForward": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period.", "label": "SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate [Roll Forward]", "terseLabel": "REAL ESTATE:" } } }, "localname": "ReconciliationOfCarryingAmountOfRealEstateInvestmentsRollForward", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationRollforwardOfRealEstateAndAccumulatedDeprecationDetails" ], "xbrltype": "stringItemType" }, "us-gaap_ReconciliationOfRealEstateAccumulatedDepreciationRollForward": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period.", "label": "SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Accumulated Depreciation [Roll Forward]", "terseLabel": "ACCUMULATED DEPRECIATION:" } } }, "localname": "ReconciliationOfRealEstateAccumulatedDepreciationRollForward", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationRollforwardOfRealEstateAndAccumulatedDeprecationDetails" ], "xbrltype": "stringItemType" }, "us-gaap_RelatedPartyDomain": { "auth_ref": [ "r263" ], "lang": { "en-US": { "role": { "documentation": "Related parties include affiliates; other entities for which investments are accounted for by the equity method by the entity; trusts for benefit of employees; and principal owners, management, and members of immediate families. It also may include other parties with which the entity may control or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests.", "label": "Related Party [Domain]", "terseLabel": "Related Party [Domain]" } } }, "localname": "RelatedPartyDomain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlowsParentheticals", "http://www.alx-inc.com/role/RelatedPartyTransactionsDetails", "http://www.alx-inc.com/role/RelatedPartyTransactionsFeesToVornadoDetails" ], "xbrltype": "domainItemType" }, "us-gaap_RelatedPartyTransactionAxis": { "auth_ref": [ "r173", "r257", "r259" ], "lang": { "en-US": { "role": { "documentation": "Information by type of related party transaction.", "label": "Related Party Transaction [Axis]", "terseLabel": "Related Party Transaction [Axis]" } } }, "localname": "RelatedPartyTransactionAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/RelatedPartyTransactionsDetails", "http://www.alx-inc.com/role/RelatedPartyTransactionsFeesToVornadoDetails" ], "xbrltype": "stringItemType" }, "us-gaap_RelatedPartyTransactionDomain": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Transaction between related party.", "label": "Related Party Transaction [Domain]", "terseLabel": "Related Party Transaction [Domain]" } } }, "localname": "RelatedPartyTransactionDomain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/RelatedPartyTransactionsDetails", "http://www.alx-inc.com/role/RelatedPartyTransactionsFeesToVornadoDetails" ], "xbrltype": "domainItemType" }, "us-gaap_RelatedPartyTransactionDueFromToRelatedParty": { "auth_ref": [ "r79", "r256" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Receivables to be collected from (obligations owed to) related parties, net as of the balance sheet date where one party can exercise control or significant influence over another party; including affiliates, owners or officers and their immediate families, pension trusts, and so forth.", "label": "Related Party Transaction, Due from (to) Related Party", "negatedTerseLabel": "Amounts due" } } }, "localname": "RelatedPartyTransactionDueFromToRelatedParty", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/RelatedPartyTransactionsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty": { "auth_ref": [ "r255" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Expenses recognized resulting from transactions (excluding transactions that are eliminated in consolidated or combined financial statements) with related party.", "label": "Related Party Transaction, Expenses from Transactions with Related Party", "terseLabel": "Fees to related party" } } }, "localname": "RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/RelatedPartyTransactionsFeesToVornadoDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_RelatedPartyTransactionLineItems": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Related Party Transaction [Line Items]", "terseLabel": "Related Party Transaction" } } }, "localname": "RelatedPartyTransactionLineItems", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/RelatedPartyTransactionsDetails", "http://www.alx-inc.com/role/RelatedPartyTransactionsFeesToVornadoDetails" ], "xbrltype": "stringItemType" }, "us-gaap_RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty": { "auth_ref": [], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of selling, general and administrative expenses resulting from transactions, excluding transactions that are eliminated in consolidated or combined financial statements, with related party.", "label": "Related Party Transaction, Selling, General and Administrative Expenses from Transactions with Related Party", "terseLabel": "Management fees to Vornado" } } }, "localname": "RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfIncomeParentheticals" ], "xbrltype": "monetaryItemType" }, "us-gaap_RelatedPartyTransactionsAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Related Party Transactions [Abstract]" } } }, "localname": "RelatedPartyTransactionsAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_RelatedPartyTransactionsByRelatedPartyAxis": { "auth_ref": [ "r173", "r257", "r259", "r271", "r272", "r273", "r274", "r275", "r276", "r277", "r278", "r279", "r280", "r281", "r282" ], "lang": { "en-US": { "role": { "documentation": "Information by type of related party. Related parties include, but not limited to, affiliates; other entities for which investments are accounted for by the equity method by the entity; trusts for benefit of employees; and principal owners, management, and members of immediate families. It also may include other parties with which the entity may control or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests.", "label": "Related Party [Axis]", "terseLabel": "Related Party [Axis]" } } }, "localname": "RelatedPartyTransactionsByRelatedPartyAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlowsParentheticals", "http://www.alx-inc.com/role/RelatedPartyTransactionsDetails", "http://www.alx-inc.com/role/RelatedPartyTransactionsFeesToVornadoDetails" ], "xbrltype": "stringItemType" }, "us-gaap_RelatedPartyTransactionsDisclosureTextBlock": { "auth_ref": [ "r263" ], "lang": { "en-US": { "role": { "documentation": "The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.", "label": "Related Party Transactions Disclosure [Text Block]", "terseLabel": "Related Party Transactions" } } }, "localname": "RelatedPartyTransactionsDisclosureTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/RelatedPartyTransactions" ], "xbrltype": "textBlockItemType" }, "us-gaap_RepaymentsOfLongTermDebt": { "auth_ref": [ "r59" ], "calculation": { "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows": { "order": 1.0, "parentTag": "us-gaap_NetCashProvidedByUsedInFinancingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The cash outflow for debt initially having maturity due after one year or beyond the normal operating cycle, if longer.", "label": "Repayments of Long-term Debt", "negatedLabel": "Debt repayments" } } }, "localname": "RepaymentsOfLongTermDebt", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_RestrictedCashAndCashEquivalents": { "auth_ref": [ "r11", "r68", "r74", "r284", "r305" ], "calculation": { "http://www.alx-inc.com/role/ConsolidatedBalanceSheets": { "order": 3.0, "parentTag": "us-gaap_Assets", "weight": 1.0 }, "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows": { "order": 2.0, "parentTag": "us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of cash and cash equivalents restricted as to withdrawal or usage. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates.", "label": "Restricted Cash and Cash Equivalents", "periodEndLabel": "Restricted cash at end of year", "periodStartLabel": "Restricted cash at beginning of year", "terseLabel": "Restricted cash" } } }, "localname": "RestrictedCashAndCashEquivalents", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedBalanceSheets", "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_RetainedEarningsAccumulatedDeficit": { "auth_ref": [ "r20", "r162", "r306" ], "calculation": { "http://www.alx-inc.com/role/ConsolidatedBalanceSheets": { "order": 4.0, "parentTag": "us-gaap_StockholdersEquityBeforeTreasuryStock", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The cumulative amount of the reporting entity's undistributed earnings or deficit.", "label": "Retained Earnings (Accumulated Deficit)", "terseLabel": "Retained earnings" } } }, "localname": "RetainedEarningsAccumulatedDeficit", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_RetainedEarningsMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The cumulative amount of the reporting entity's undistributed earnings or deficit.", "label": "Retained Earnings [Member]", "terseLabel": "Retained Earnings" } } }, "localname": "RetainedEarningsMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfChangesInEquity" ], "xbrltype": "domainItemType" }, "us-gaap_RevenueFromContractWithCustomerAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Revenue from Contract with Customer [Abstract]" } } }, "localname": "RevenueFromContractWithCustomerAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_RevenueFromContractWithCustomerExcludingAssessedTax": { "auth_ref": [ "r165", "r166" ], "calculation": { "http://www.alx-inc.com/role/RevenueRecognitionDisaggregationOfRevenueDetails": { "order": 2.0, "parentTag": "us-gaap_Revenues", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise.", "label": "Revenue from Contract with Customer, Excluding Assessed Tax", "terseLabel": "Revenue from contract with customer" } } }, "localname": "RevenueFromContractWithCustomerExcludingAssessedTax", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/RevenueRecognitionDisaggregationOfRevenueDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_RevenueFromContractWithCustomerPolicyTextBlock": { "auth_ref": [ "r76", "r170" ], "lang": { "en-US": { "role": { "documentation": "Disclosure of accounting policy for revenue from contract with customer.", "label": "Revenue from Contract with Customer [Policy Text Block]", "terseLabel": "Revenue Recognition" } } }, "localname": "RevenueFromContractWithCustomerPolicyTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesPolicies" ], "xbrltype": "textBlockItemType" }, "us-gaap_RevenueFromContractWithCustomerTextBlock": { "auth_ref": [ "r170" ], "lang": { "en-US": { "role": { "documentation": "The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts.", "label": "Revenue from Contract with Customer [Text Block]", "terseLabel": "Revenue Recognition" } } }, "localname": "RevenueFromContractWithCustomerTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/RevenueRecognition" ], "xbrltype": "textBlockItemType" }, "us-gaap_Revenues": { "auth_ref": [ "r48", "r104", "r105", "r108" ], "calculation": { "http://www.alx-inc.com/role/ConsolidatedStatementsOfIncome": { "order": 1.0, "parentTag": "us-gaap_IncomeLossFromContinuingOperations", "weight": 1.0 }, "http://www.alx-inc.com/role/RevenueRecognitionDisaggregationOfRevenueDetails": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss).", "label": "Revenues", "terseLabel": "Rental revenues", "totalLabel": "Rental revenues", "verboseLabel": "Revenues" } } }, "localname": "Revenues", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfIncome", "http://www.alx-inc.com/role/LeasesLessorNarrativeDetails", "http://www.alx-inc.com/role/RevenueRecognitionDisaggregationOfRevenueDetails", "http://www.alx-inc.com/role/SummaryOfQuarterlyResultsUnauditedDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_RevenuesAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Revenues [Abstract]", "terseLabel": "REVENUES" } } }, "localname": "RevenuesAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfIncome" ], "xbrltype": "stringItemType" }, "us-gaap_RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability": { "auth_ref": [ "r242", "r245" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of increase in right-of-use asset obtained in exchange for operating lease liability.", "label": "Right-of-Use Asset Obtained in Exchange for Operating Lease Liability", "terseLabel": "Lease liability arising from the recognition of right-of-use asset" } } }, "localname": "RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_SalesRevenueNetMember": { "auth_ref": [ "r101" ], "lang": { "en-US": { "role": { "documentation": "Revenue from sale of product and rendering of service and other sources of income, when it serves as benchmark in concentration of risk calculation.", "label": "Revenue Benchmark [Member]", "terseLabel": "Revenue Benchmark" } } }, "localname": "SalesRevenueNetMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/LeasesLessorNarrativeDetails" ], "xbrltype": "domainItemType" }, "us-gaap_ScheduleOfDebtInstrumentsTextBlock": { "auth_ref": [ "r31", "r78", "r158", "r159", "r160", "r161", "r220", "r221", "r223", "r299" ], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.", "label": "Schedule of Long-term Debt Instruments [Table Text Block]", "terseLabel": "Schedule of Long-term Debt Instruments" } } }, "localname": "ScheduleOfDebtInstrumentsTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/MortgagesPayableTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock": { "auth_ref": [ "r93" ], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.", "label": "Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]", "terseLabel": "Schedule of Earnings Per Share, Basic and Diluted" } } }, "localname": "ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/EarningsPerShareTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock": { "auth_ref": [ "r233" ], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date.", "label": "Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]", "terseLabel": "Schedule of Future Minimum Rental Payments for Operating Leases" } } }, "localname": "ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/LeasesTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock": { "auth_ref": [ "r153" ], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented.", "label": "Schedule of Maturities of Long-term Debt [Table Text Block]", "terseLabel": "Schedule of Maturities of Long-term Debt" } } }, "localname": "ScheduleOfMaturitiesOfLongTermDebtTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/MortgagesPayableTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfMultiemployerPlansTable": { "auth_ref": [ "r179" ], "lang": { "en-US": { "role": { "documentation": "Schedule of the quantitative and qualitative information related to multiemployer plans in which the employer participates. A multiemployer plan is a pension or postretirement benefit plan to which two or more unrelated employers contribute where assets contributed by one participating employer may be used to provide benefits to employees of other participating employers.", "label": "Schedule of Multiemployer Plans [Table]", "terseLabel": "Schedule of Multiemployer Plans [Table]" } } }, "localname": "ScheduleOfMultiemployerPlansTable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/MultiemployerBenefitPlansDetails" ], "xbrltype": "stringItemType" }, "us-gaap_ScheduleOfQuarterlyFinancialInformationTableTextBlock": { "auth_ref": [ "r96" ], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of quarterly financial data. Includes, but is not limited to, financial information for fiscal quarters, cumulative effect of a change in accounting principle and earnings per share data.", "label": "Quarterly Financial Information [Table Text Block]", "terseLabel": "Summary of Quarterly Results (Unaudited)" } } }, "localname": "ScheduleOfQuarterlyFinancialInformationTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/SummaryOfQuarterlyResultsUnauditedTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfRealEstatePropertiesTable": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Schedule detailing quantitative information concerning real estate properties and units within those properties by ownership of the property.", "label": "Schedule of Real Estate Properties [Table]", "terseLabel": "Schedule of Real Estate Properties [Table]" } } }, "localname": "ScheduleOfRealEstatePropertiesTable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/OrganizationDetails", "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationDetails" ], "xbrltype": "stringItemType" }, "us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable": { "auth_ref": [ "r77", "r257", "r259", "r260", "r261", "r262" ], "lang": { "en-US": { "role": { "documentation": "Schedule of quantitative and qualitative information pertaining to related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.", "label": "Schedule of Related Party Transactions, by Related Party [Table]", "terseLabel": "Schedule of Related Party Transactions, by Related Party [Table]" } } }, "localname": "ScheduleOfRelatedPartyTransactionsByRelatedPartyTable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/RelatedPartyTransactionsDetails", "http://www.alx-inc.com/role/RelatedPartyTransactionsFeesToVornadoDetails" ], "xbrltype": "stringItemType" }, "us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners and (d) affiliates.", "label": "Schedule of Related Party Transactions [Table Text Block]", "terseLabel": "Summary of Fees to Vornado" } } }, "localname": "ScheduleOfRelatedPartyTransactionsTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/RelatedPartyTransactionsTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable": { "auth_ref": [ "r182", "r185" ], "lang": { "en-US": { "role": { "documentation": "Disclosure of information about share-based payment arrangement.", "label": "Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table]", "terseLabel": "Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table]" } } }, "localname": "ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/StockBasedCompensationDetails" ], "xbrltype": "stringItemType" }, "us-gaap_SecuritiesAssetsMember": { "auth_ref": [ "r118" ], "lang": { "en-US": { "role": { "documentation": "A share, participation, or other interest in property or in an enterprise of the issuer or an obligation of the issuer that (a) either is represented by an instrument issued in bearer or registered form or, if not represented by an instrument, is registered in books maintained to record transfers by or on behalf of the issuer, (b) is of a type commonly dealt in on securities exchanges or markets or, when represented by an instrument, is commonly recognized in any area in which it is issued or dealt in as a medium for investment, and (c) either is one of a class or series or by its terms is divisible into a class or series of shares, participations, interest, or obligations.", "label": "Securities (Assets) [Member]", "terseLabel": "Marketable securities" } } }, "localname": "SecuritiesAssetsMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/FairValueMeasurementsFinancialAssetsAndLiabilitiesMeasuredAtFairValueDetails" ], "xbrltype": "domainItemType" }, "us-gaap_ShareBasedCompensation": { "auth_ref": [ "r65" ], "calculation": { "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows": { "order": 4.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of noncash expense for share-based payment arrangement.", "label": "Share-based Payment Arrangement, Noncash Expense", "terseLabel": "Stock-based compensation expense" } } }, "localname": "ShareBasedCompensation", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Share-based Compensation Arrangement by Share-based Payment Award [Line Items]", "terseLabel": "Share-based Compensation Arrangement by Share-based Payment Award" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/StockBasedCompensationDetails" ], "xbrltype": "stringItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber": { "auth_ref": [ "r183", "r184" ], "lang": { "en-US": { "role": { "documentation": "Number of equity instruments other than options outstanding, including both vested and non-vested instruments.", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding, Number", "terseLabel": "Non-option equity instruments, outstanding, number (in shares)" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/StockBasedCompensationDetails" ], "xbrltype": "sharesItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant": { "auth_ref": [ "r185" ], "lang": { "en-US": { "role": { "documentation": "The difference between the maximum number of shares (or other type of equity) authorized for issuance under the plan (including the effects of amendments and adjustments), and the sum of: 1) the number of shares (or other type of equity) already issued upon exercise of options or other equity-based awards under the plan; and 2) shares (or other type of equity) reserved for issuance on granting of outstanding awards, net of cancellations and forfeitures, if applicable.", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant", "terseLabel": "Shares available for future grant under the plan (in shares)" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/StockBasedCompensationDetails" ], "xbrltype": "sharesItemType" }, "us-gaap_SharePrice": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Price of a single share of a number of saleable stocks of a company.", "label": "Share Price", "terseLabel": "Closing share price (in dollars per share)" } } }, "localname": "SharePrice", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/MarketableSecuritiesDetails" ], "xbrltype": "perShareItemType" }, "us-gaap_SignificantAccountingPoliciesTextBlock": { "auth_ref": [ "r81" ], "lang": { "en-US": { "role": { "documentation": "The entire disclosure for all significant accounting policies of the reporting entity.", "label": "Significant Accounting Policies [Text Block]", "terseLabel": "Summary Of Significant Accounting Policies" } } }, "localname": "SignificantAccountingPoliciesTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPolicies" ], "xbrltype": "textBlockItemType" }, "us-gaap_StatementEquityComponentsAxis": { "auth_ref": [ "r34", "r157" ], "lang": { "en-US": { "role": { "documentation": "Information by component of equity.", "label": "Equity Components [Axis]", "terseLabel": "Equity Components [Axis]" } } }, "localname": "StatementEquityComponentsAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfChangesInEquity" ], "xbrltype": "stringItemType" }, "us-gaap_StatementLineItems": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Statement [Line Items]", "terseLabel": "Statement [Line Items]", "verboseLabel": "Liabilities and Equity" } } }, "localname": "StatementLineItems", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlowsParentheticals", "http://www.alx-inc.com/role/ConsolidatedStatementsOfChangesInEquity" ], "xbrltype": "stringItemType" }, "us-gaap_StatementOfCashFlowsAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Statement of Cash Flows [Abstract]" } } }, "localname": "StatementOfCashFlowsAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_StatementOfFinancialPositionAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Statement of Financial Position [Abstract]" } } }, "localname": "StatementOfFinancialPositionAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Statement of Comprehensive Income [Abstract]" } } }, "localname": "StatementOfIncomeAndComprehensiveIncomeAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_StatementOfStockholdersEquityAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Statement of Stockholders' Equity [Abstract]" } } }, "localname": "StatementOfStockholdersEquityAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_StatementTable": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Schedule reflecting a Statement of Income, Statement of Cash Flows, Statement of Financial Position, Statement of Shareholders' Equity and Other Comprehensive Income, or other statement as needed.", "label": "Statement [Table]", "terseLabel": "Statement [Table]" } } }, "localname": "StatementTable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlowsParentheticals", "http://www.alx-inc.com/role/ConsolidatedStatementsOfChangesInEquity" ], "xbrltype": "stringItemType" }, "us-gaap_StockholdersEquity": { "auth_ref": [ "r17", "r21", "r22", "r114" ], "calculation": { "http://www.alx-inc.com/role/ConsolidatedBalanceSheets": { "order": 2.0, "parentTag": "us-gaap_LiabilitiesAndStockholdersEquity", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.", "label": "Stockholders' Equity Attributable to Parent", "periodEndLabel": "Ending Balance, Value", "periodStartLabel": "Beginning Balance, Value", "totalLabel": "Total equity" } } }, "localname": "StockholdersEquity", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedBalanceSheets", "http://www.alx-inc.com/role/ConsolidatedStatementsOfChangesInEquity" ], "xbrltype": "monetaryItemType" }, "us-gaap_StockholdersEquityBeforeTreasuryStock": { "auth_ref": [], "calculation": { "http://www.alx-inc.com/role/ConsolidatedBalanceSheets": { "order": 1.0, "parentTag": "us-gaap_StockholdersEquity", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Total amount of stockholders' equity (deficit) items including stock value, paid in capital, retained earnings and including equity attributable to noncontrolling interests and before deducting the carrying value of treasury stock.", "label": "Stockholders' Equity before Treasury Stock", "totalLabel": "Equity before treasury stock" } } }, "localname": "StockholdersEquityBeforeTreasuryStock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_StockholdersEquityOther": { "auth_ref": [], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "This element represents movements included in the statement of changes in stockholders' equity which are not separately disclosed or provided for elsewhere in the taxonomy.", "label": "Stockholders' Equity, Other", "negatedTerseLabel": "Other" } } }, "localname": "StockholdersEquityOther", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfChangesInEquity" ], "xbrltype": "monetaryItemType" }, "us-gaap_StraightLineRent": { "auth_ref": [ "r65" ], "calculation": { "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows": { "order": 3.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Difference between actual rental income due and rental income recognized on a straight-line basis.", "label": "Straight Line Rent", "negatedLabel": "Straight-lining of rental income" } } }, "localname": "StraightLineRent", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_StraightLineRentAdjustments": { "auth_ref": [], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of the adjustment to rental revenues to measure escalating leasing revenues on a straight line basis.", "label": "Straight Line Rent Adjustments", "negatedLabel": "Straight-line rent adjustments" } } }, "localname": "StraightLineRentAdjustments", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesIncomeTaxesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_SubsequentEventMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Identifies event that occurred after the balance sheet date but before financial statements are issued or available to be issued.", "label": "Subsequent Event [Member]", "terseLabel": "Subsequent Event" } } }, "localname": "SubsequentEventMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/MortgagesPayableNarrativeDetails" ], "xbrltype": "domainItemType" }, "us-gaap_SubsequentEventTypeAxis": { "auth_ref": [ "r264" ], "lang": { "en-US": { "role": { "documentation": "Information by event that occurred after the balance sheet date but before financial statements are issued or available to be issued.", "label": "Subsequent Event Type [Axis]", "terseLabel": "Subsequent Event Type [Axis]" } } }, "localname": "SubsequentEventTypeAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/MortgagesPayableNarrativeDetails" ], "xbrltype": "stringItemType" }, "us-gaap_SubsequentEventTypeDomain": { "auth_ref": [ "r264" ], "lang": { "en-US": { "role": { "documentation": "Event that occurred after the balance sheet date but before financial statements are issued or available to be issued.", "label": "Subsequent Event Type [Domain]", "terseLabel": "Subsequent Event Type [Domain]" } } }, "localname": "SubsequentEventTypeDomain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/MortgagesPayableNarrativeDetails" ], "xbrltype": "domainItemType" }, "us-gaap_SupplementalCashFlowElementsAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Supplemental Cash Flow Elements [Abstract]", "terseLabel": "SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION" } } }, "localname": "SupplementalCashFlowElementsAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "stringItemType" }, "us-gaap_TransferOfOtherRealEstate": { "auth_ref": [ "r71", "r72", "r73" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Value transferred out of real estate owned (REO) in noncash transactions.", "label": "Real Estate Owned, Transfer from Real Estate Owned", "terseLabel": "Derecognition of Rego Park II loan participation asset (see Note 2)" } } }, "localname": "TransferOfOtherRealEstate", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain": { "auth_ref": [ "r270" ], "lang": { "en-US": { "role": { "documentation": "Instrument or contract that imposes a contractual obligation to deliver cash or another financial instrument or to exchange other financial instruments on potentially unfavorable terms and conveys a contractual right to receive cash or another financial instrument or to exchange other financial instruments on potentially favorable terms.", "label": "Financial Instruments [Domain]", "terseLabel": "Financial Instruments [Domain]" } } }, "localname": "TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/FairValueMeasurementsFinancialAssetsAndLiabilitiesMeasuredAtFairValueDetails" ], "xbrltype": "domainItemType" }, "us-gaap_TreasuryStockMember": { "auth_ref": [ "r33", "r163" ], "lang": { "en-US": { "role": { "documentation": "Shares of an entity that have been repurchased by the entity. This stock has no voting rights and receives no dividends. Note that treasury stock may be recorded at its total cost or separately as par (or stated) value and additional paid in capital. Classified within stockholders' equity if nonredeemable or redeemable solely at the option of the issuer. Classified within temporary equity if redemption is outside the control of the issuer.", "label": "Treasury Stock [Member]", "terseLabel": "Treasury Stock" } } }, "localname": "TreasuryStockMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfChangesInEquity" ], "xbrltype": "domainItemType" }, "us-gaap_TreasuryStockShares": { "auth_ref": [ "r33", "r163" ], "lang": { "en-US": { "role": { "documentation": "Number of common and preferred shares that were previously issued and that were repurchased by the issuing entity and held in treasury on the financial statement date. This stock has no voting rights and receives no dividends.", "label": "Treasury Stock, Shares", "terseLabel": "Treasury stock: shares (in shares)" } } }, "localname": "TreasuryStockShares", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedBalanceSheetsParentheticals" ], "xbrltype": "sharesItemType" }, "us-gaap_TreasuryStockValue": { "auth_ref": [ "r33", "r163", "r164" ], "calculation": { "http://www.alx-inc.com/role/ConsolidatedBalanceSheets": { "order": 2.0, "parentTag": "us-gaap_StockholdersEquity", "weight": -1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "The amount allocated to treasury stock. Treasury stock is common and preferred shares of an entity that were issued, repurchased by the entity, and are held in its treasury.", "label": "Treasury Stock, Value", "negatedLabel": "Treasury stock: 66,160 shares, at cost" } } }, "localname": "TreasuryStockValue", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_TypeOfAdoptionMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Adoption and early adoption of sources of change to generally accepted accounting principles (GAAP) in the United States. The FASB released the FASB Accounting Standards Codification as the authoritative source of literature effective for interim and annual periods ending after September 15, 2009. As part of the Codification process, the FASB issues Accounting Standards Updates to amend the Codification but otherwise the Accounting Standards Updates are not authoritative in their own right. All previous accounting standards (such as FASB Statements of Financial Accounting Standards, FASB Interpretations, FASB Staff Positions, Emerging Issues Task Force Consensuses, other pronouncements of the FASB or other designated bodies, or other forms of GAAP are considered accounting pronouncements) were superseded upon the adoption of the Codification. For an interim period, references to the superseded standards are included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.", "label": "Type of Adoption [Domain]", "terseLabel": "Type of Adoption [Domain]" } } }, "localname": "TypeOfAdoptionMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/LeasesLessorNarrativeDetails", "http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesDetails" ], "xbrltype": "domainItemType" }, "us-gaap_TypeOfArrangementAxis": { "auth_ref": [ "r196" ], "lang": { "en-US": { "role": { "documentation": "Information by collaborative arrangement and arrangement other than collaborative applicable to revenue-generating activity or operations.", "label": "Collaborative Arrangement and Arrangement Other than Collaborative [Axis]", "terseLabel": "Collaborative Arrangement and Arrangement Other than Collaborative [Axis]" } } }, "localname": "TypeOfArrangementAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/MortgagesPayableOutstandingMortgagesPayableDetails", "http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationDetails" ], "xbrltype": "stringItemType" }, "us-gaap_VariableRateAxis": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Information by type of variable rate.", "label": "Variable Rate [Axis]", "terseLabel": "Variable Rate [Axis]" } } }, "localname": "VariableRateAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/MortgagesPayableNarrativeDetails", "http://www.alx-inc.com/role/MortgagesPayableOutstandingMortgagesPayableDetails" ], "xbrltype": "stringItemType" }, "us-gaap_VariableRateDomain": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Interest rate that fluctuates over time as a result of an underlying benchmark interest rate or index.", "label": "Variable Rate [Domain]", "terseLabel": "Variable Rate [Domain]" } } }, "localname": "VariableRateDomain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/MortgagesPayableNarrativeDetails", "http://www.alx-inc.com/role/MortgagesPayableOutstandingMortgagesPayableDetails" ], "xbrltype": "domainItemType" }, "us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Average number of shares or units issued and outstanding that are used in calculating basic and diluted earnings per share (EPS).", "label": "Weighted Average Number of Shares Outstanding, Basic and Diluted", "verboseLabel": "Weighted average shares outstanding - basic and diluted (in shares)" } } }, "localname": "WeightedAverageNumberOfShareOutstandingBasicAndDiluted", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.alx-inc.com/role/ConsolidatedStatementsOfIncome", "http://www.alx-inc.com/role/EarningsPerShareDetails" ], "xbrltype": "sharesItemType" } }, "unitCount": 13 } }, "std_ref": { "r0": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "45", "SubTopic": "20", "Topic": "205", "URI": "http://asc.fasb.org/extlink&oid=109222160&loc=d3e957-107759" }, "r1": { "Name": "Accounting Standards Codification", "Paragraph": "3A", "Publisher": "FASB", "Section": "45", "SubTopic": "20", "Topic": "205", "URI": "http://asc.fasb.org/extlink&oid=109222160&loc=SL51721523-107759" }, "r10": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(f)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=118951113&loc=d3e6812-107765" }, "r100": { "Name": "Accounting Standards Codification", "Paragraph": "18", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "275", "URI": "http://asc.fasb.org/extlink&oid=99393423&loc=d3e6351-108592" }, "r101": { "Name": "Accounting Standards Codification", "Paragraph": "18", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "275", "URI": "http://asc.fasb.org/extlink&oid=99393423&loc=d3e6351-108592" }, "r102": { "Name": "Accounting Standards Codification", "Paragraph": "20", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "275", "URI": "http://asc.fasb.org/extlink&oid=99393423&loc=d3e6404-108592" }, "r103": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "275", "URI": "http://asc.fasb.org/topic&trid=2134479" }, "r104": { "Name": "Accounting Standards Codification", "Paragraph": "22", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599" }, "r105": { "Name": "Accounting Standards Codification", "Paragraph": "22", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599" }, "r106": { "Name": "Accounting Standards Codification", "Paragraph": "22", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(e)", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599" }, "r107": { "Name": "Accounting Standards Codification", "Paragraph": "22", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599" }, "r108": { "Name": "Accounting Standards Codification", "Paragraph": "32", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=115929826&loc=d3e8933-108599" }, "r109": { "Name": "Accounting Standards Codification", "Paragraph": "40", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=115929826&loc=d3e9031-108599" }, "r11": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(1))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r110": { "Name": "Accounting Standards Codification", "Paragraph": "41", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=115929826&loc=d3e9038-108599" }, "r111": { "Name": "Accounting Standards Codification", "Paragraph": "42", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=115929826&loc=d3e9054-108599" }, "r112": { "Name": "Accounting Standards Codification", "Paragraph": "13", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "310", "URI": "http://asc.fasb.org/extlink&oid=118952595&loc=d3e4647-111522" }, "r113": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "310", "URI": "http://asc.fasb.org/extlink&oid=118936363&loc=d3e5074-111524" }, "r114": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SAB Topic 4.E)", "Topic": "310", "URI": "http://asc.fasb.org/extlink&oid=27010918&loc=d3e74512-122707" }, "r115": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "320", "URI": "http://asc.fasb.org/extlink&oid=118954083&loc=d3e26610-111562" }, "r116": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "320", "URI": "http://asc.fasb.org/extlink&oid=118939692&loc=d3e27161-111563" }, "r117": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(aa)", "Topic": "320", "URI": "http://asc.fasb.org/extlink&oid=118939692&loc=d3e27161-111563" }, "r118": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "320", "URI": "http://asc.fasb.org/topic&trid=2196928" }, "r119": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)(1)", "Topic": "323", "URI": "http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571" }, "r12": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(17))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r120": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "20", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=118955202&loc=SL82895884-210446" }, "r121": { "Name": "Accounting Standards Codification", "Paragraph": "11", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=119407570&loc=SL82919244-210447" }, "r122": { "Name": "Accounting Standards Codification", "Paragraph": "13", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(a)", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=119407570&loc=SL82919249-210447" }, "r123": { "Name": "Accounting Standards Codification", "Paragraph": "13", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(d)", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=119407570&loc=SL82919249-210447" }, "r124": { "Name": "Accounting Standards Codification", "Paragraph": "13", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(e)", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=119407570&loc=SL82919249-210447" }, "r125": { "Name": "Accounting Standards Codification", "Paragraph": "13", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(f)", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=119407570&loc=SL82919249-210447" }, "r126": { "Name": "Accounting Standards Codification", "Paragraph": "13", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=119407570&loc=SL82919249-210447" }, "r127": { "Name": "Accounting Standards Codification", "Paragraph": "14", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=119407570&loc=SL82919253-210447" }, "r128": { "Name": "Accounting Standards Codification", "Paragraph": "16", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=119407570&loc=SL82919258-210447" }, "r129": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=119407570&loc=SL82919230-210447" }, "r13": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(19))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r130": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "30", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=118942338&loc=SL82898722-210454" }, "r131": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=118955579&loc=SL82922888-210455" }, "r132": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=118955579&loc=SL82922895-210455" }, "r133": { "Name": "Accounting Standards Codification", "Paragraph": "9", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=118955579&loc=SL82922900-210455" }, "r134": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "55", "SubTopic": "30", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=118942371&loc=SL82922954-210456" }, "r135": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "360", "URI": "http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229" }, "r136": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "360", "URI": "http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229" }, "r137": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "360", "URI": "http://asc.fasb.org/topic&trid=2155823" }, "r138": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "440", "URI": "http://asc.fasb.org/topic&trid=2144648" }, "r139": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "450", "URI": "http://asc.fasb.org/extlink&oid=118942415&loc=d3e14326-108349" }, "r14": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(20))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r140": { "Name": "Accounting Standards Codification", "Paragraph": "10", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "450", "URI": "http://asc.fasb.org/extlink&oid=118942415&loc=d3e14615-108349" }, "r141": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "450", "URI": "http://asc.fasb.org/extlink&oid=118942415&loc=d3e14394-108349" }, "r142": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(a)", "Topic": "450", "URI": "http://asc.fasb.org/extlink&oid=118942415&loc=d3e14435-108349" }, "r143": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(b)", "Topic": "450", "URI": "http://asc.fasb.org/extlink&oid=118942415&loc=d3e14435-108349" }, "r144": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "450", "URI": "http://asc.fasb.org/extlink&oid=118942415&loc=d3e14435-108349" }, "r145": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "450", "URI": "http://asc.fasb.org/extlink&oid=118942415&loc=d3e14453-108349" }, "r146": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "450", "URI": "http://asc.fasb.org/extlink&oid=118942415&loc=d3e14472-108349" }, "r147": { "Name": "Accounting Standards Codification", "Paragraph": "9", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(a)", "Topic": "450", "URI": "http://asc.fasb.org/extlink&oid=118942415&loc=d3e14557-108349" }, "r148": { "Name": "Accounting Standards Codification", "Paragraph": "9", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(b)", "Topic": "450", "URI": "http://asc.fasb.org/extlink&oid=118942415&loc=d3e14557-108349" }, "r149": { "Name": "Accounting Standards Codification", "Paragraph": "9", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "450", "URI": "http://asc.fasb.org/extlink&oid=118942415&loc=d3e14557-108349" }, "r15": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(22))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r150": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "450", "URI": "http://asc.fasb.org/topic&trid=2127136" }, "r151": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "460", "URI": "http://asc.fasb.org/extlink&oid=118943654&loc=d3e12021-110248" }, "r152": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "460", "URI": "http://asc.fasb.org/extlink&oid=118943654&loc=d3e12053-110248" }, "r153": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601" }, "r154": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=6802200&loc=SL6230698-112601" }, "r155": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(a)", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=109500613&loc=SL6036836-161870" }, "r156": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Subparagraph": "(a)", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=99377297&loc=d3e10013-112621" }, "r157": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=109259400&loc=d3e21463-112644" }, "r158": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=109259400&loc=d3e21475-112644" }, "r159": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=109259400&loc=d3e21506-112644" }, "r16": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(28))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r160": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=109259400&loc=d3e21521-112644" }, "r161": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=109259400&loc=d3e21538-112644" }, "r162": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.3-04)", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770" }, "r163": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "30", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=6405813&loc=d3e23239-112655" }, "r164": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=6405834&loc=d3e23315-112656" }, "r165": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "606", "URI": "http://asc.fasb.org/extlink&oid=118956577&loc=SL49130543-203045" }, "r166": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "606", "URI": "http://asc.fasb.org/extlink&oid=118956577&loc=SL49130545-203045" }, "r167": { "Name": "Accounting Standards Codification", "Paragraph": "91", "Publisher": "FASB", "Section": "55", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "606", "URI": "http://asc.fasb.org/extlink&oid=118944142&loc=SL49130690-203046-203046" }, "r168": { "Name": "Accounting Standards Codification", "Paragraph": "91", "Publisher": "FASB", "Section": "55", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "606", "URI": "http://asc.fasb.org/extlink&oid=118944142&loc=SL49130690-203046-203046" }, "r169": { "Name": "Accounting Standards Codification", "Paragraph": "91", "Publisher": "FASB", "Section": "55", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "606", "URI": "http://asc.fasb.org/extlink&oid=118944142&loc=SL49130690-203046-203046" }, "r17": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(29))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r170": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "606", "URI": "http://asc.fasb.org/topic&trid=49130388" }, "r171": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(d)(ii)", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920" }, "r172": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(d)(iv)(01)", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920" }, "r173": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(n)", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920" }, "r174": { "Name": "Accounting Standards Codification", "Paragraph": "17", "Publisher": "FASB", "Section": "55", "SubTopic": "20", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=118257860&loc=d3e4179-114921" }, "r175": { "Name": "Accounting Standards Codification", "Paragraph": "11", "Publisher": "FASB", "Section": "50", "SubTopic": "80", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=65877416&loc=SL14450702-114947" }, "r176": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "80", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=65877416&loc=SL14450651-114947" }, "r177": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "80", "Subparagraph": "(e)(1)", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=65877416&loc=SL14450657-114947" }, "r178": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "80", "Subparagraph": "(e)(2)", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=65877416&loc=SL14450657-114947" }, "r179": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "80", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=65877416&loc=SL14450657-114947" }, "r18": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(3))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r180": { "Name": "Accounting Standards Codification", "Paragraph": "9", "Publisher": "FASB", "Section": "50", "SubTopic": "80", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=65877416&loc=SL14450691-114947" }, "r181": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "715", "URI": "http://asc.fasb.org/topic&trid=2235017" }, "r182": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=116856206&loc=d3e5047-113901" }, "r183": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)(1)(i)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901" }, "r184": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)(1)(ii)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901" }, "r185": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901" }, "r186": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "718", "URI": "http://asc.fasb.org/topic&trid=2228938" }, "r187": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "45", "SubTopic": "30", "Topic": "720", "URI": "http://asc.fasb.org/extlink&oid=6419918&loc=d3e35301-107843" }, "r188": { "Name": "Accounting Standards Codification", "Paragraph": "25", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=116821951&loc=d3e32247-109318" }, "r189": { "Name": "Accounting Standards Codification", "Paragraph": "28", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=116821951&loc=d3e32280-109318" }, "r19": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(30)(a)(1))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r190": { "Name": "Accounting Standards Codification", "Paragraph": "12", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=84230637&loc=d3e32687-109319" }, "r191": { "Name": "Accounting Standards Codification", "Paragraph": "13", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=84230637&loc=d3e32698-109319" }, "r192": { "Name": "Accounting Standards Codification", "Paragraph": "17", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=84230637&loc=d3e32809-109319" }, "r193": { "Name": "Accounting Standards Codification", "Paragraph": "19", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=84230637&loc=d3e32840-109319" }, "r194": { "Name": "Accounting Standards Codification", "Paragraph": "20", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=84230637&loc=d3e32847-109319" }, "r195": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "05", "SubTopic": "30", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=65884525&loc=d3e40913-109327" }, "r196": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "808", "URI": "http://asc.fasb.org/extlink&oid=6931272&loc=SL5834143-161434" }, "r197": { "Name": "Accounting Standards Codification", "Paragraph": "18", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=108774443&loc=SL4613673-111683" }, "r198": { "Name": "Accounting Standards Codification", "Paragraph": "19", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=108774443&loc=SL4569616-111683" }, "r199": { "Name": "Accounting Standards Codification", "Paragraph": "20", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=108774443&loc=SL4569643-111683" }, "r2": { "Name": "Accounting Standards Codification", "Paragraph": "3B", "Publisher": "FASB", "Section": "45", "SubTopic": "20", "Topic": "205", "URI": "http://asc.fasb.org/extlink&oid=109222160&loc=SL51721525-107759" }, "r20": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(30)(a)(3))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r200": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)(3)", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=109239629&loc=SL4573702-111684" }, "r201": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c),(3)", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=109239629&loc=SL4573702-111684" }, "r202": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "820", "URI": "http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258" }, "r203": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "820", "URI": "http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258" }, "r204": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(bb)", "Topic": "820", "URI": "http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258" }, "r205": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(bbb)(1)", "Topic": "820", "URI": "http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258" }, "r206": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(bbb)(2)", "Topic": "820", "URI": "http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258" }, "r207": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "820", "URI": "http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258" }, "r208": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "820", "URI": "http://asc.fasb.org/extlink&oid=117815213&loc=d3e19279-110258" }, "r209": { "Name": "Accounting Standards Codification", "Paragraph": "6A", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "820", "URI": "http://asc.fasb.org/extlink&oid=117815213&loc=SL6742756-110258" }, "r21": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(30))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r210": { "Name": "Accounting Standards Codification", "Paragraph": "6A", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "820", "URI": "http://asc.fasb.org/extlink&oid=117815213&loc=SL6742756-110258" }, "r211": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "825", "URI": "http://asc.fasb.org/extlink&oid=116690757&loc=d3e13220-108610" }, "r212": { "Name": "Accounting Standards Codification", "Paragraph": "10", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "825", "URI": "http://asc.fasb.org/extlink&oid=118260190&loc=d3e13433-108611" }, "r213": { "Name": "Accounting Standards Codification", "Paragraph": "11", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "825", "URI": "http://asc.fasb.org/extlink&oid=118260190&loc=d3e13467-108611" }, "r214": { "Name": "Accounting Standards Codification", "Paragraph": "12", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "825", "URI": "http://asc.fasb.org/extlink&oid=118260190&loc=d3e13476-108611" }, "r215": { "Name": "Accounting Standards Codification", "Paragraph": "20", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "825", "URI": "http://asc.fasb.org/extlink&oid=118260190&loc=d3e13531-108611" }, "r216": { "Name": "Accounting Standards Codification", "Paragraph": "21", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "825", "URI": "http://asc.fasb.org/extlink&oid=118260190&loc=d3e13537-108611" }, "r217": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "230", "Topic": "830", "URI": "http://asc.fasb.org/extlink&oid=98513438&loc=d3e33268-110906" }, "r218": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "15", "SubTopic": "20", "Topic": "835", "URI": "http://asc.fasb.org/extlink&oid=6450852&loc=d3e24871-108386" }, "r219": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "835", "URI": "http://asc.fasb.org/extlink&oid=6450988&loc=d3e26243-108391" }, "r22": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(31))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r220": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "45", "SubTopic": "30", "Topic": "835", "URI": "http://asc.fasb.org/extlink&oid=114775744&loc=d3e28541-108399" }, "r221": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "45", "SubTopic": "30", "Topic": "835", "URI": "http://asc.fasb.org/extlink&oid=114775744&loc=d3e28551-108399" }, "r222": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "45", "SubTopic": "30", "Topic": "835", "URI": "http://asc.fasb.org/extlink&oid=114775744&loc=d3e28555-108399" }, "r223": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "55", "SubTopic": "30", "Topic": "835", "URI": "http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400" }, "r224": { "Name": "Accounting Standards Codification", "Paragraph": "40", "Publisher": "FASB", "Section": "55", "SubTopic": "10", "Subparagraph": "(Note 3)", "Topic": "840", "URI": "http://asc.fasb.org/extlink&oid=82846649&loc=d3e38371-112697" }, "r225": { "Name": "Accounting Standards Codification", "Paragraph": "40", "Publisher": "FASB", "Section": "55", "SubTopic": "10", "Subparagraph": "Note 1", "Topic": "840", "URI": "http://asc.fasb.org/extlink&oid=82846649&loc=d3e38371-112697" }, "r226": { "Name": "Accounting Standards Codification", "Paragraph": "40", "Publisher": "FASB", "Section": "55", "SubTopic": "10", "Subparagraph": "Note 3", "Topic": "840", "URI": "http://asc.fasb.org/extlink&oid=82846649&loc=d3e38371-112697" }, "r227": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "25", "SubTopic": "20", "Topic": "840", "URI": "http://asc.fasb.org/extlink&oid=77902458&loc=d3e39896-112707" }, "r228": { "Name": "Accounting Standards Codification", "Paragraph": "16", "Publisher": "FASB", "Section": "25", "SubTopic": "20", "Topic": "840", "URI": "http://asc.fasb.org/extlink&oid=77902619&loc=d3e40588-112709" }, "r229": { "Name": "Accounting Standards Codification", "Paragraph": "17", "Publisher": "FASB", "Section": "25", "SubTopic": "20", "Topic": "840", "URI": "http://asc.fasb.org/extlink&oid=77902619&loc=d3e40246-112709" }, "r23": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(32))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r230": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "25", "SubTopic": "20", "Topic": "840", "URI": "http://asc.fasb.org/extlink&oid=77902458&loc=d3e39927-112707" }, "r231": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "35", "SubTopic": "20", "Topic": "840", "URI": "http://asc.fasb.org/extlink&oid=77913719&loc=d3e40879-112712" }, "r232": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(a)", "Topic": "840", "URI": "http://asc.fasb.org/extlink&oid=77902758&loc=d3e41502-112717" }, "r233": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "840", "URI": "http://asc.fasb.org/extlink&oid=77902758&loc=d3e41502-112717" }, "r234": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(a)", "Topic": "840", "URI": "http://asc.fasb.org/extlink&oid=84164653&loc=d3e41551-112718" }, "r235": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(b)", "Topic": "840", "URI": "http://asc.fasb.org/extlink&oid=84164653&loc=d3e41551-112718" }, "r236": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "65", "SubTopic": "10", "Topic": "842", "URI": "http://asc.fasb.org/extlink&oid=119364159&loc=SL77916155-209984" }, "r237": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "20", "Subparagraph": "(a)", "Topic": "842", "URI": "http://asc.fasb.org/extlink&oid=77888419&loc=SL77918627-209977" }, "r238": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "20", "Subparagraph": "(b)", "Topic": "842", "URI": "http://asc.fasb.org/extlink&oid=77888419&loc=SL77918627-209977" }, "r239": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "45", "SubTopic": "20", "Subparagraph": "(c)", "Topic": "842", "URI": "http://asc.fasb.org/extlink&oid=77888419&loc=SL77918643-209977" }, "r24": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.1)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r240": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(a)(3)", "Topic": "842", "URI": "http://asc.fasb.org/extlink&oid=77888426&loc=SL77918673-209980" }, "r241": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(g)(1)", "Topic": "842", "URI": "http://asc.fasb.org/extlink&oid=77888426&loc=SL77918686-209980" }, "r242": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(g)(2)", "Topic": "842", "URI": "http://asc.fasb.org/extlink&oid=77888426&loc=SL77918686-209980" }, "r243": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(g)(4)", "Topic": "842", "URI": "http://asc.fasb.org/extlink&oid=77888426&loc=SL77918686-209980" }, "r244": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "842", "URI": "http://asc.fasb.org/extlink&oid=77888426&loc=SL77918701-209980" }, "r245": { "Name": "Accounting Standards Codification", "Paragraph": "53", "Publisher": "FASB", "Section": "55", "SubTopic": "20", "Topic": "842", "URI": "http://asc.fasb.org/extlink&oid=77888399&loc=SL77918982-209971" }, "r246": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "SubTopic": "20", "Topic": "842", "URI": "http://asc.fasb.org/subtopic&trid=77888251" }, "r247": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "45", "SubTopic": "30", "Topic": "842", "URI": "http://asc.fasb.org/extlink&oid=77888421&loc=SL77919311-209978" }, "r248": { "Name": "Accounting Standards Codification", "Paragraph": "12", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Topic": "842", "URI": "http://asc.fasb.org/extlink&oid=119202524&loc=SL77919396-209981" }, "r249": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Subparagraph": "(a)(3)", "Topic": "842", "URI": "http://asc.fasb.org/extlink&oid=119202524&loc=SL77919359-209981" }, "r25": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.13)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r250": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Topic": "842", "URI": "http://asc.fasb.org/extlink&oid=119202524&loc=SL77919359-209981" }, "r251": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Subparagraph": "(b)", "Topic": "842", "URI": "http://asc.fasb.org/extlink&oid=119202524&loc=SL77919372-209981" }, "r252": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Subparagraph": "(c)", "Topic": "842", "URI": "http://asc.fasb.org/extlink&oid=119202524&loc=SL77919372-209981" }, "r253": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Topic": "842", "URI": "http://asc.fasb.org/extlink&oid=119202524&loc=SL77919372-209981" }, "r254": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "SubTopic": "30", "Topic": "842", "URI": "http://asc.fasb.org/subtopic&trid=77888252" }, "r255": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "850", "URI": "http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864" }, "r256": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "850", "URI": "http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864" }, "r257": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "850", "URI": "http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864" }, "r258": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "850", "URI": "http://asc.fasb.org/extlink&oid=6457730&loc=d3e39599-107864" }, "r259": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "850", "URI": "http://asc.fasb.org/extlink&oid=6457730&loc=d3e39603-107864" }, "r26": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.17)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r260": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "850", "URI": "http://asc.fasb.org/extlink&oid=6457730&loc=d3e39622-107864" }, "r261": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "850", "URI": "http://asc.fasb.org/extlink&oid=6457730&loc=d3e39678-107864" }, "r262": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "850", "URI": "http://asc.fasb.org/extlink&oid=6457730&loc=d3e39691-107864" }, "r263": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "850", "URI": "http://asc.fasb.org/topic&trid=2122745" }, "r264": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "855", "URI": "http://asc.fasb.org/extlink&oid=6842918&loc=SL6314017-165662" }, "r265": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "855", "URI": "http://asc.fasb.org/extlink&oid=6842918&loc=SL6314020-165662" }, "r266": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(bb)", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=118948506&loc=d3e107207-111719" }, "r267": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(bb)(1)", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=118948506&loc=d3e107207-111719" }, "r268": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(bb)(2)", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=118948506&loc=d3e107207-111719" }, "r269": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(bb)(3)", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=118948506&loc=d3e107207-111719" }, "r27": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.19,20,22)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r270": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "50", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=116651436&loc=d3e122625-111746" }, "r271": { "Name": "Accounting Standards Codification", "Paragraph": "15", "Publisher": "FASB", "Section": "50", "SubTopic": "235", "Subparagraph": "(a)", "Topic": "932", "URI": "http://asc.fasb.org/extlink&oid=68064819&loc=d3e61929-109447" }, "r272": { "Name": "Accounting Standards Codification", "Paragraph": "15", "Publisher": "FASB", "Section": "50", "SubTopic": "235", "Subparagraph": "(b)", "Topic": "932", "URI": "http://asc.fasb.org/extlink&oid=68064819&loc=d3e61929-109447" }, "r273": { "Name": "Accounting Standards Codification", "Paragraph": "20", "Publisher": "FASB", "Section": "50", "SubTopic": "235", "Subparagraph": "(a)", "Topic": "932", "URI": "http://asc.fasb.org/extlink&oid=68064819&loc=d3e62059-109447" }, "r274": { "Name": "Accounting Standards Codification", "Paragraph": "20", "Publisher": "FASB", "Section": "50", "SubTopic": "235", "Subparagraph": "(b)", "Topic": "932", "URI": "http://asc.fasb.org/extlink&oid=68064819&loc=d3e62059-109447" }, "r275": { "Name": "Accounting Standards Codification", "Paragraph": "28", "Publisher": "FASB", "Section": "50", "SubTopic": "235", "Subparagraph": "(a)", "Topic": "932", "URI": "http://asc.fasb.org/extlink&oid=68064819&loc=d3e62395-109447" }, "r276": { "Name": "Accounting Standards Codification", "Paragraph": "28", "Publisher": "FASB", "Section": "50", "SubTopic": "235", "Subparagraph": "(b)", "Topic": "932", "URI": "http://asc.fasb.org/extlink&oid=68064819&loc=d3e62395-109447" }, "r277": { "Name": "Accounting Standards Codification", "Paragraph": "33", "Publisher": "FASB", "Section": "50", "SubTopic": "235", "Subparagraph": "(a)", "Topic": "932", "URI": "http://asc.fasb.org/extlink&oid=68064819&loc=d3e62479-109447" }, "r278": { "Name": "Accounting Standards Codification", "Paragraph": "33", "Publisher": "FASB", "Section": "50", "SubTopic": "235", "Subparagraph": "(b)", "Topic": "932", "URI": "http://asc.fasb.org/extlink&oid=68064819&loc=d3e62479-109447" }, "r279": { "Name": "Accounting Standards Codification", "Paragraph": "35A", "Publisher": "FASB", "Section": "50", "SubTopic": "235", "Subparagraph": "(a)", "Topic": "932", "URI": "http://asc.fasb.org/extlink&oid=68064819&loc=SL6807758-109447" }, "r28": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.19-26)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r280": { "Name": "Accounting Standards Codification", "Paragraph": "35A", "Publisher": "FASB", "Section": "50", "SubTopic": "235", "Subparagraph": "(b)", "Topic": "932", "URI": "http://asc.fasb.org/extlink&oid=68064819&loc=SL6807758-109447" }, "r281": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "50", "SubTopic": "235", "Subparagraph": "(c)(1)", "Topic": "932", "URI": "http://asc.fasb.org/extlink&oid=68064819&loc=d3e61872-109447" }, "r282": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "50", "SubTopic": "235", "Subparagraph": "(c)(2)", "Topic": "932", "URI": "http://asc.fasb.org/extlink&oid=68064819&loc=d3e61872-109447" }, "r283": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "SubTopic": "320", "Topic": "940", "URI": "http://asc.fasb.org/subtopic&trid=2176304" }, "r284": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03(1)(a))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878" }, "r285": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03(10))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878" }, "r286": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03(11))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878" }, "r287": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03(13))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878" }, "r288": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03(16))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878" }, "r289": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03(23))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878" }, "r29": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.22(a)(1))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r290": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03.15(1),(5))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878" }, "r291": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03.15(3),(4))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878" }, "r292": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03.15)", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878" }, "r293": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03.17)", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878" }, "r294": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03.4)", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878" }, "r295": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.9-04(22))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=116637391&loc=SL114874048-224260" }, "r296": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.9-04(23))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=116637391&loc=SL114874048-224260" }, "r297": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "320", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=75019621&loc=d3e62652-112803" }, "r298": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "SubTopic": "320", "Topic": "942", "URI": "http://asc.fasb.org/subtopic&trid=2209399" }, "r299": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "470", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823" }, "r3": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "45", "SubTopic": "20", "Topic": "205", "URI": "http://asc.fasb.org/extlink&oid=109222160&loc=d3e1012-107759" }, "r30": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.22(a)(2))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r300": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(16))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910" }, "r301": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(5))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910" }, "r302": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(a)(10))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910" }, "r303": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(a)(12))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910" }, "r304": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(a)(16))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910" }, "r305": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(a)(2))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910" }, "r306": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(a)(23)(a)(4))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910" }, "r307": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(a)(25))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910" }, "r308": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03.(a),19)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910" }, "r309": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03.1(3))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910" }, "r31": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.22)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r310": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03.1(d))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910" }, "r311": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03.10)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910" }, "r312": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03.15)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910" }, "r313": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03.17)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910" }, "r314": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.7-04(18))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=116637232&loc=SL114874131-224263" }, "r315": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.7-04(19))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=116637232&loc=SL114874131-224263" }, "r316": { "Name": "Accounting Standards Codification", "Paragraph": "4H", "Publisher": "FASB", "Section": "50", "SubTopic": "40", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=116884468&loc=SL65671331-158438" }, "r317": { "Name": "Accounting Standards Codification", "Paragraph": "13H", "Publisher": "FASB", "Section": "55", "SubTopic": "40", "Subparagraph": "(a)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=117419784&loc=SL117783719-158441" }, "r318": { "Name": "Accounting Standards Codification", "Paragraph": "13H", "Publisher": "FASB", "Section": "55", "SubTopic": "40", "Subparagraph": "(b)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=117419784&loc=SL117783719-158441" }, "r319": { "Name": "Accounting Standards Codification", "Paragraph": "13H", "Publisher": "FASB", "Section": "55", "SubTopic": "40", "Subparagraph": "(c)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=117419784&loc=SL117783719-158441" }, "r32": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.25)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r320": { "Name": "Accounting Standards Codification", "Paragraph": "1B", "Publisher": "FASB", "Section": "50", "SubTopic": "825", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=99380617&loc=SL75241803-196195" }, "r321": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "50", "SubTopic": "210", "Subparagraph": "(c)", "Topic": "946", "URI": "http://asc.fasb.org/extlink&oid=99383244&loc=d3e12121-115841" }, "r322": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "320", "Subparagraph": "(SX 210.12-12.Column B)", "Topic": "946", "URI": "http://asc.fasb.org/extlink&oid=50485924&loc=d3e611133-123010" }, "r323": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "S99", "SubTopic": "320", "Subparagraph": "(SX 210.12-12C.Column B)", "Topic": "946", "URI": "http://asc.fasb.org/extlink&oid=50485924&loc=d3e611225-123010" }, "r324": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "S99", "SubTopic": "320", "Subparagraph": "(SX 210.12-14.Column B)", "Topic": "946", "URI": "http://asc.fasb.org/extlink&oid=50485924&loc=d3e611322-123010" }, "r325": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "SubTopic": "320", "Topic": "946", "URI": "http://asc.fasb.org/subtopic&trid=2324412" }, "r326": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "310", "Subparagraph": "(SX 210.12-29(Footnote 4))", "Topic": "948", "URI": "http://asc.fasb.org/extlink&oid=6589523&loc=d3e617274-123014" }, "r327": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "310", "Subparagraph": "(SX 210.12-29)", "Topic": "948", "URI": "http://asc.fasb.org/extlink&oid=6589523&loc=d3e617274-123014" }, "r328": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "740", "Topic": "954", "URI": "http://asc.fasb.org/extlink&oid=6491622&loc=d3e9504-115650" }, "r329": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "05", "SubTopic": "10", "Topic": "970", "URI": "http://asc.fasb.org/extlink&oid=77935101&loc=d3e24546-110282" }, "r33": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.29,30)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r330": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "360", "Subparagraph": "(SX 210.12-28(Column B))", "Topic": "970", "URI": "http://asc.fasb.org/extlink&oid=6590653&loc=d3e638233-123024" }, "r331": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "360", "Subparagraph": "(SX 210.12-28(Column C))", "Topic": "970", "URI": "http://asc.fasb.org/extlink&oid=6590653&loc=d3e638233-123024" }, "r332": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "360", "Subparagraph": "(SX 210.12-28(Column D))", "Topic": "970", "URI": "http://asc.fasb.org/extlink&oid=6590653&loc=d3e638233-123024" }, "r333": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "360", "Subparagraph": "(SX 210.12-28(Column E))", "Topic": "970", "URI": "http://asc.fasb.org/extlink&oid=6590653&loc=d3e638233-123024" }, "r334": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "360", "Subparagraph": "(SX 210.12-28(Column F))", "Topic": "970", "URI": "http://asc.fasb.org/extlink&oid=6590653&loc=d3e638233-123024" }, "r335": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "360", "Subparagraph": "(SX 210.12-28(Footnote 2))", "Topic": "970", "URI": "http://asc.fasb.org/extlink&oid=6590653&loc=d3e638233-123024" }, "r336": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "360", "Subparagraph": "(SX 210.12-28(Footnote 4))", "Topic": "970", "URI": "http://asc.fasb.org/extlink&oid=6590653&loc=d3e638233-123024" }, "r337": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "360", "Subparagraph": "(SX 210.12-28)", "Topic": "970", "URI": "http://asc.fasb.org/extlink&oid=6590653&loc=d3e638233-123024" }, "r338": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b" }, "r339": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b-23" }, "r34": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.29-31)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r340": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "d1-1" }, "r341": { "Name": "Forms 10-K, 10-Q, 20-F", "Number": "240", "Publisher": "SEC", "Section": "13", "Subsection": "a-1-" }, "r342": { "Name": "Forms 10-K, 20-F, 40-F", "Number": "240", "Publisher": "SEC", "Section": "15", "Subsection": "d-1" }, "r343": { "Name": "Regulation 12B", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b-2" }, "r344": { "Name": "Regulation S-T", "Number": "232", "Publisher": "SEC", "Section": "405" }, "r345": { "Name": "Regulation S-X (SX)", "Number": "210", "Publisher": "SEC", "Section": "11", "Subsection": "03" }, "r346": { "Footnote": "2", "Name": "Regulation S-X (SX)", "Number": "210", "Publisher": "SEC", "Section": "12", "Subsection": "28" }, "r347": { "Footnote": "4", "Name": "Regulation S-X (SX)", "Number": "210", "Publisher": "SEC", "Section": "12", "Subsection": "28" }, "r348": { "Footnote": "4", "Name": "Regulation S-X (SX)", "Number": "210", "Publisher": "SEC", "Section": "12", "Subsection": "29" }, "r349": { "Name": "Regulation S-X (SX)", "Number": "210", "Paragraph": "Column B", "Publisher": "SEC", "Section": "12", "Subsection": "28" }, "r35": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.8)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r350": { "Name": "Regulation S-X (SX)", "Number": "210", "Publisher": "SEC", "Section": "12", "Subsection": "28" }, "r351": { "Name": "Regulation S-X (SX)", "Number": "210", "Publisher": "SEC", "Section": "12", "Subsection": "29" }, "r352": { "Name": "Regulation S-X (SX)", "Number": "210", "Paragraph": "c", "Publisher": "SEC", "Section": "5", "Subparagraph": "Schedule III", "Subsection": "04" }, "r36": { "Name": "Accounting Standards Codification", "Paragraph": "10A", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118930883&loc=SL7669646-108580" }, "r37": { "Name": "Accounting Standards Codification", "Paragraph": "10A", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118930883&loc=SL7669646-108580" }, "r38": { "Name": "Accounting Standards Codification", "Paragraph": "11", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118930883&loc=d3e637-108580" }, "r39": { "Name": "Accounting Standards Codification", "Paragraph": "14", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118930883&loc=d3e681-108580" }, "r4": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(b)", "Topic": "205", "URI": "http://asc.fasb.org/extlink&oid=109222650&loc=d3e1361-107760" }, "r40": { "Name": "Accounting Standards Codification", "Paragraph": "14A", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118930883&loc=SL7669686-108580" }, "r41": { "Name": "Accounting Standards Codification", "Paragraph": "17B", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118930883&loc=SL34724394-108580" }, "r42": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118930883&loc=SL7669619-108580" }, "r43": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118930883&loc=SL7669619-108580" }, "r44": { "Name": "Accounting Standards Codification", "Paragraph": "1B", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118930883&loc=SL7669625-108580" }, "r45": { "Name": "Accounting Standards Codification", "Paragraph": "1B", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118930883&loc=SL7669625-108580" }, "r46": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118930883&loc=d3e557-108580" }, "r47": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=116657188&loc=SL116659661-227067" }, "r48": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-03(1))", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=116634182&loc=SL114868664-224227" }, "r49": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-03(20))", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=116634182&loc=SL114868664-224227" }, "r5": { "Name": "Accounting Standards Codification", "Paragraph": "5B", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(a)", "Topic": "205", "URI": "http://asc.fasb.org/extlink&oid=109222650&loc=SL51721673-107760" }, "r50": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-03(21))", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=116634182&loc=SL114868664-224227" }, "r51": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-03(7)(c))", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=116634182&loc=SL114868664-224227" }, "r52": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-03.13)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=116634182&loc=SL114868664-224227" }, "r53": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-03.2)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=116634182&loc=SL114868664-224227" }, "r54": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-03.4)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=116634182&loc=SL114868664-224227" }, "r55": { "Name": "Accounting Standards Codification", "Paragraph": "12", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3179-108585" }, "r56": { "Name": "Accounting Standards Codification", "Paragraph": "13", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3213-108585" }, "r57": { "Name": "Accounting Standards Codification", "Paragraph": "14", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3255-108585" }, "r58": { "Name": "Accounting Standards Codification", "Paragraph": "15", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3291-108585" }, "r59": { "Name": "Accounting Standards Codification", "Paragraph": "15", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3291-108585" }, "r6": { "Name": "Accounting Standards Codification", "Paragraph": "5C", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(b)(2)", "Topic": "205", "URI": "http://asc.fasb.org/extlink&oid=109222650&loc=SL51721675-107760" }, "r60": { "Name": "Accounting Standards Codification", "Paragraph": "15", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(e)", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3291-108585" }, "r61": { "Name": "Accounting Standards Codification", "Paragraph": "17", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3367-108585" }, "r62": { "Name": "Accounting Standards Codification", "Paragraph": "24", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3521-108585" }, "r63": { "Name": "Accounting Standards Codification", "Paragraph": "25", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(e)", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3536-108585" }, "r64": { "Name": "Accounting Standards Codification", "Paragraph": "25", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3536-108585" }, "r65": { "Name": "Accounting Standards Codification", "Paragraph": "28", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3602-108585" }, "r66": { "Name": "Accounting Standards Codification", "Paragraph": "28", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3602-108585" }, "r67": { "Name": "Accounting Standards Codification", "Paragraph": "28", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3602-108585" }, "r68": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3044-108585" }, "r69": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=98513485&loc=d3e4273-108586" }, "r7": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "SubTopic": "20", "Topic": "205", "URI": "http://asc.fasb.org/subtopic&trid=2122178" }, "r70": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=98513485&loc=d3e4297-108586" }, "r71": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=98513485&loc=d3e4304-108586" }, "r72": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=98513485&loc=d3e4313-108586" }, "r73": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=98513485&loc=d3e4332-108586" }, "r74": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=98513485&loc=SL98516268-108586" }, "r75": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "235", "URI": "http://asc.fasb.org/extlink&oid=84158767&loc=d3e18780-107790" }, "r76": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(e)", "Topic": "235", "URI": "http://asc.fasb.org/extlink&oid=84158767&loc=d3e18823-107790" }, "r77": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.4-08(k))", "Topic": "235", "URI": "http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690" }, "r78": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.4-08.(e),(f))", "Topic": "235", "URI": "http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690" }, "r79": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.4-08.(k)(1))", "Topic": "235", "URI": "http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690" }, "r8": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=118951113&loc=d3e6676-107765" }, "r80": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.12-04.(a))", "Topic": "235", "URI": "http://asc.fasb.org/extlink&oid=26873400&loc=d3e24072-122690" }, "r81": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "235", "URI": "http://asc.fasb.org/topic&trid=2122369" }, "r82": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "250", "URI": "http://asc.fasb.org/extlink&oid=109234566&loc=d3e22499-107794" }, "r83": { "Name": "Accounting Standards Codification", "Paragraph": "11", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "250", "URI": "http://asc.fasb.org/extlink&oid=109234566&loc=d3e22694-107794" }, "r84": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "250", "URI": "http://asc.fasb.org/extlink&oid=109234566&loc=d3e22583-107794" }, "r85": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "250", "URI": "http://asc.fasb.org/extlink&oid=109234566&loc=d3e22644-107794" }, "r86": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "250", "URI": "http://asc.fasb.org/extlink&oid=109234566&loc=d3e22658-107794" }, "r87": { "Name": "Accounting Standards Codification", "Paragraph": "9", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "250", "URI": "http://asc.fasb.org/extlink&oid=109234566&loc=d3e22663-107794" }, "r88": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=117326831&loc=d3e1252-109256" }, "r89": { "Name": "Accounting Standards Codification", "Paragraph": "60B", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=117326831&loc=SL5780133-109256" }, "r9": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(e)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=118951113&loc=d3e6812-107765" }, "r90": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=117326831&loc=d3e1337-109256" }, "r91": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257" }, "r92": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257" }, "r93": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257" }, "r94": { "Name": "Accounting Standards Codification", "Paragraph": "52", "Publisher": "FASB", "Section": "55", "SubTopic": "10", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=117327953&loc=d3e4984-109258" }, "r95": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "260", "URI": "http://asc.fasb.org/topic&trid=2144383" }, "r96": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "270", "URI": "http://asc.fasb.org/extlink&oid=118952077&loc=d3e1280-108306" }, "r97": { "Name": "Accounting Standards Codification", "Paragraph": "6A", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "270", "URI": "http://asc.fasb.org/extlink&oid=118952077&loc=SL77927221-108306" }, "r98": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "270", "URI": "http://asc.fasb.org/topic&trid=2126967" }, "r99": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "275", "URI": "http://asc.fasb.org/extlink&oid=99393423&loc=d3e5967-108592" } }, "version": "2.1" } XML 35 R5.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Consolidated Statements of Income (Parentheticals) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Income Statement [Abstract]      
Fees to Vornado $ 5,386 $ 4,700 $ 4,671
Management fees to Vornado $ 2,380 $ 2,380 $ 2,380

XML 36 R1.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Document and Entity Information - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Jan. 31, 2020
Jun. 30, 2019
Cover page.      
Document Type 10-K    
Document Annual Report true    
Document Period End Date Dec. 31, 2019    
Document Transition Report false    
Entity File Number 001-06064    
Entity Registrant Name ALEXANDERS INC    
Entity Incorporation, State or Country Code DE    
Entity Tax Identification Number 51-0100517    
Entity Address, Address Line One 210 Route 4 East,    
Entity Address, City or Town Paramus,    
Entity Address, State or Province NJ    
Entity Address, Postal Zip Code 07652    
City Area Code (201)    
Local Phone Number 587-8541    
Title of 12(b) Security Common Stock, $1 par value per share    
Trading Symbol ALX    
Security Exchange Name NYSE    
Entity Well-known Seasoned Issuer Yes    
Entity Voluntary Filers No    
Entity Current Reporting Status Yes    
Entity Interactive Data Current Yes    
Entity Filer Category Large Accelerated Filer    
Entity Small Business false    
Entity Emerging Growth Company false    
Entity Shell Company false    
Entity Public Float     $ 785,470
Entity Common Stock, Shares Outstanding   5,107,290  
Documents Incorporated by Reference
Part III: Portions of the Proxy Statement for the Annual Meeting of Stockholders to be held on May 14, 2020.
 
 
 
 
 

   
Entity Central Index Key 0000003499    
Document Fiscal Year Focus 2019    
Document Fiscal Period Focus FY    
Amendment Flag false    
Current Fiscal Year End Date --12-31    
XML 37 R18.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Fair Value Measurements
12 Months Ended
Dec. 31, 2019
Fair Value Disclosures [Abstract]  
Fair Value Measurements FAIR VALUE MEASUREMENTS
ASC 820 defines fair value and establishes a framework for measuring fair value.   ASC 820 establishes a fair value hierarchy that prioritizes observable and unobservable inputs used to measure fair value into three levels: Level 1 – quoted prices (unadjusted) in active markets that are accessible at the measurement date for assets or liabilities; Level 2 – observable prices that are based on inputs not quoted in active markets, but corroborated by market data; and Level 3 – unobservable inputs that are used when little or no market data is available.  The fair value hierarchy gives the highest priority to Level 1 inputs and the lowest priority to Level 3 inputs. In determining fair value, we utilize valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs to the extent possible as well as consider counterparty credit risk in our assessment of fair value.  
 
Financial Assets and Liabilities Measured at Fair Value
 
Financial assets measured at fair value on our consolidated balance sheets as of December 31, 2019 and 2018 consist of marketable securities, which are presented in the table below based on their level in the fair value hierarchy, and an interest rate cap, which fair value was insignificant as of December 31, 2019 and 2018. There were no financial liabilities measured at fair value as of December 31, 2019 and 2018.
 
 
As of December 31, 2019
(Amounts in thousands)
Total
 
Level 1
 
Level 2
 
Level 3
Marketable securities
$
14,409

 
$
14,409

 
$

 
$

 
 
 
 
 
 
 
 
 
As of December 31, 2018
(Amounts in thousands)
Total
 
Level 1
 
Level 2
 
Level 3
Marketable securities
$
23,166

 
$
23,166

 
$

 
$


 
Financial Assets and Liabilities not Measured at Fair Value
 
Financial assets and liabilities that are not measured at fair value on our consolidated balance sheets include cash equivalents and mortgages payable.  Cash equivalents are carried at cost, which approximates fair value due to their short-term maturities and are classified as Level 1.  The fair value of our mortgages payable is calculated by discounting the future contractual cash flows of these instruments using current risk-adjusted rates available to borrowers with similar credit ratings, which are provided by a third-party specialist, and is classified as Level 2.  The table below summarizes the carrying amount and fair value of these financial instruments as of December 31, 2019 and 2018.
 
 
As of December 31, 2019
 
As of December 31, 2018
 
Carrying
 
Fair
 
Carrying
 
Fair
(Amounts in thousands)
Amount
 
Value
 
Amount
 
Value
Assets:
 
 
 
 
 
 
 
Cash equivalents
$
263,688

 
$
263,688

 
$
173,858

 
$
173,858

Liabilities:
 
 
 
 
 
 
 
Mortgages payable (excluding deferred debt issuance costs, net)
$
974,836

 
$
974,000

 
$
974,836

 
$
969,000


XML 38 R9.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income $ 60,075 $ 32,844 $ 80,509
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization, including amortization of debt issuance costs 36,515 38,499 38,681
Straight-lining of rental income 2,413 5,924 4,297
Stock-based compensation expense 394 394 394
Change in fair value of marketable securities 8,757 11,990 0
Change in operating assets and liabilities:      
Tenant and other receivables, net (2,017) (1,382) 363
Other assets 21,553 (1,197) (2,627)
Amounts due to Vornado 789 (1,907) 1,626
Accounts payable and accrued expenses (1,800) (11,760) 211
Other liabilities (609) 133 (28)
Net cash provided by operating activities 126,070 73,538 123,426
CASH FLOWS FROM INVESTING ACTIVITIES      
Construction in progress and real estate additions (9,449) (3,966) (3,434)
Rego Park II loan participation 0 0 (200,000)
Repayment of Rego Park II loan participation 0 2,829 1,463
Net cash used in investing activities (9,449) (1,137) (201,971)
CASH FLOWS FROM FINANCING ACTIVITIES      
Dividends paid (92,124) (92,100) (86,961)
Debt issuance costs (15) (2,189) (12,186)
Debt repayments 0 (160,142) (303,707)
Proceeds from borrowing 0 78,246 500,000
Net cash (used in) provided by financing activities (92,139) (176,185) 97,146
Net increase (decrease) in cash and cash equivalents and restricted cash 24,482 (103,784) 18,601
Cash and cash equivalents and restricted cash at beginning of year 289,495 393,279 374,678
Cash and cash equivalents and restricted cash at end of year 313,977 289,495 393,279
RECONCILIATION OF CASH AND CASH EQUIVALENTS AND RESTRICTED CASH      
Cash and cash equivalents at beginning of year 283,056 307,536 288,926
Restricted cash at beginning of year 6,439 85,743 85,752
Cash and cash equivalents and restricted cash at beginning of year 289,495 393,279 374,678
Cash and cash equivalents at end of year 298,063 283,056 307,536
Restricted cash at end of year 15,914 6,439 85,743
Cash and cash equivalents and restricted cash at end of year 313,977 289,495 393,279
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION      
Cash payments for interest 34,669 38,231 26,994
NON-CASH TRANSACTIONS      
Lease liability arising from the recognition of right-of-use asset 5,428 0 0
Liability for real estate additions, including $18, $125 and $21 for development fees due to Vornado in 2019, 2018 and 2017, respectively 3,191 631 705
Reclassification of prepaid real estate taxes to construction in progress for property in redevelopment 1,466 0 0
Write-off of fully amortized and/or depreciated assets 0 16,090 4,265
Derecognition of Rego Park II loan participation asset (see Note 2) $ 0 $ 195,708 $ 0
XML 39 R10.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Consolidated Statements of Cash Flows (Parentheticals) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Liability for real estate additions $ 3,191 $ 631 $ 705
Vornado      
Liability for real estate additions $ 18 $ 125 $ 21
XML 40 R14.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Related Party Transactions
12 Months Ended
Dec. 31, 2019
Related Party Transactions [Abstract]  
Related Party Transactions RELATED PARTY TRANSACTIONS
Vornado
As of December 31, 2019, Vornado owned 32.4% of our outstanding common stock.  We are managed by, and our properties are leased and developed by, Vornado, pursuant to the agreements described below, which expire in March of each year and are automatically renewable.
 
Steven Roth is the Chairman of our Board of Directors and Chief Executive Officer, the Managing General Partner of Interstate Properties (“Interstate”), a New Jersey general partnership, and the Chairman of the Board of Trustees and Chief Executive Officer of Vornado.  As of December 31, 2019, Mr. Roth, Interstate and its other two general partners, David Mandelbaum and Russell B. Wight, Jr. (who are also directors of the Company and trustees of Vornado) owned, in the aggregate, 26.1% of our outstanding common stock, in addition to the 2.3% they indirectly own through Vornado. Joseph Macnow, our Treasurer, is the Executive Vice President - Chief Financial Officer and Chief Administrative Officer of Vornado. Matthew Iocco, our Chief Financial Officer, is the Executive Vice President - Chief Accounting Officer of Vornado. 
 
Management and Development Agreements
We pay Vornado an annual management fee equal to the sum of (i) $2,800,000, (ii) 2% of gross revenue from the Rego Park II shopping center, (iii) $0.50 per square foot of the tenant-occupied office and retail space at 731 Lexington Avenue, and (iv) $324,000, escalating at 3% per annum, for managing the common area of 731 Lexington Avenue.  Vornado is also entitled to a development fee equal to 6% of development costs, as defined.
 
Leasing and Other Agreements  
Vornado also provides us with leasing services for a fee of 3% of rent for the first ten years of a lease term, 2% of rent for the eleventh through the twentieth year of a lease term, and 1% of rent for the twenty-first through thirtieth year of a lease term, subject to the payment of rents by tenants.  In the event third-party real estate brokers are used, the fees to Vornado increase by 1% and Vornado is responsible for the fees to the third-party real estate brokers. 

Vornado is also entitled to a commission upon the sale of any of our assets equal to 3% of gross proceeds, as defined, for asset sales less than $50,000,000 and 1% of gross proceeds, as defined, for asset sales of $50,000,000 or more. 

We also have agreements with Building Maintenance Services, a wholly owned subsidiary of Vornado, to supervise (i) cleaning, engineering and security services at our Lexington Avenue property and (ii) security services at our Rego Park I and Rego Park II properties and The Alexander apartment tower.
 

The following is a summary of fees to Vornado under the various agreements discussed above.
 
Year Ended December 31,
(Amounts in thousands)
2019
 
2018
 
2017
Company management fees
$
2,800

 
$
2,800

 
$
2,800

Development fees
29

 
125

 
29

Leasing fees
4,786

 
13

 
1,829

Property management, cleaning, engineering
 
 
 
 
 
and security fees
5,015

 
4,101

 
4,114

 
$
12,630

 
$
7,039

 
$
8,772



As of December 31, 2019, the amounts due to Vornado were $795,000 for management, property management, cleaning, engineering and security fees; $563,000 for leasing fees; and $68,000 for development fees. As of December 31, 2018, the amounts due to Vornado were $549,000 for management, property management, cleaning, engineering and security fees; $146,000 for development fees; and $13,000 for leasing fees.
 
ALEXANDER’S, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)

 4.    RELATED PARTY TRANSACTIONS - continued

Toys “R” Us, Inc. (“Toys”)
 
Our affiliate, Vornado, owned 32.5% of Toys as of December 31, 2018. On February 1, 2019, in connection with the Toys Chapter 11 bankruptcy, the plan of reorganization for Toys was declared effective and Vornado’s ownership in Toys was canceled and Toys’ Board of Directors was dissolved. Joseph Macnow, Vornado’s Executive Vice President and Chief Financial Officer and Wendy A. Silverstein, a member of our Board of Directors, represented Vornado as members of Toys’ Board of Directors. Also in connection with the Toys Chapter 11 bankruptcy, Toys rejected its 47,000 square foot lease at our Rego Park II shopping center ($2,600,000 of annual revenue) effective June 30, 2018 and possession of the space was returned to us.
XML 41 R37.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Summary of Significant Accounting Policies (Income Taxes) (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Tax Treatment Of Dividend                      
Internal taxable income distribution policy (in percentage)                 100.00%    
Differences between book and tax basis $ 171,331               $ 171,331    
Reconciliation of Net Income to Estimated Taxable Income                      
Net income $ 14,434 $ 16,493 $ 11,283 $ 17,865 $ 9,971 $ 15,003 $ 17,570 $ (9,700) 60,075 $ 32,844 $ 80,509
Straight-line rent adjustments                 2,359 5,870 4,250
Depreciation and amortization timing differences                 2,751 (6,586) 3,084
Change in fair value of marketable securities                 8,757 11,990 0
Loss from discontinued operations (see Note 6)                 0 23,797 0
Other                 137 440 (343)
Estimated taxable income                 $ 74,079 $ 68,355 $ 87,500
Minimum                      
Tax Treatment Of Dividend                      
Real estate investment trust distributable income policy (in percentage)                 90.00%    
Ordinary Income                      
Tax Treatment Of Dividend                      
Payments of dividends net percent                 99.60% 100.00% 99.50%
Long Term Capital Gain                      
Tax Treatment Of Dividend                      
Payments of dividends net percent                 0.40%   0.50%
XML 42 R33.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table sets forth the computation of basic and diluted income per share, including a reconciliation of net income and the number of shares used in computing basic and diluted income per share.  Basic income per share is determined using the weighted average shares of common stock (including DSUs) outstanding during the period.  Diluted income per share is determined using the weighted average shares of common stock (including DSUs) outstanding during the period, and assumes all potentially dilutive securities were converted into common shares at the earliest date possible.  There were no potentially dilutive securities outstanding during the years ended December 31, 2019, 2018 and 2017.
 
 
For the Year Ended December 31,
(Amounts in thousands, except share and per share amounts)
2019
 
2018
 
2017
Income from continuing operations
$
60,075

 
$
56,641

 
$
80,509

Loss from discontinued operations (see Note 6)

 
(23,797
)
 

Net income
$
60,075

 
$
32,844

 
$
80,509

 
 
 
 
 
 
Weighted average shares outstanding – basic and diluted
5,118,198

 
5,116,838

 
5,115,501

 
 
 
 
 
 
Income from continuing operations
$
11.74

 
$
11.07

 
$
15.74

Loss from discontinued operations (see Note 6)

 
(4.65
)
 

Net income per common share – basic and diluted
$
11.74

 
$
6.42

 
$
15.74


XML 43 R52.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Leases - Future Base Rental Revenue for Topic 840 (Details)
$ in Thousands
Dec. 31, 2018
USD ($)
Leases [Abstract]  
2019 $ 138,784
2020 131,647
2021 120,450
2022 111,532
2023 111,962
Thereafter $ 671,111
XML 44 R56.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Stock-Based Compensation (Details) - Director - USD ($)
May 16, 2019
Dec. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award    
Non-option equity instruments granted per director (in shares) 193  
Non-option equity instruments grant date fair value per grant $ 56,250  
Non-option equity instruments grant date fair value per grant total $ 394,000  
Non-option equity instruments, outstanding, number (in shares)   11,408
Shares available for future grant under the plan (in shares)   494,379
XML 45 R47.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Fair Value Measurements (Financial Assets and Liabilities Measured at Fair Value) (Details) - Recurring - Marketable securities - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Fair Value Measurements    
Total assets $ 14,409 $ 23,166
Level 1    
Fair Value Measurements    
Total assets 14,409 23,166
Level 2    
Fair Value Measurements    
Total assets 0 0
Level 3    
Fair Value Measurements    
Total assets $ 0 $ 0
XML 46 FilingSummary.xml IDEA: XBRL DOCUMENT 3.19.3.a.u2 html 226 379 1 false 85 0 false 13 false false R1.htm 0001000 - Document - Document and Entity Information Sheet http://www.alx-inc.com/role/DocumentAndEntityInformation Document and Entity Information Cover 1 false false R2.htm 1001000 - Statement - Consolidated Balance Sheets Sheet http://www.alx-inc.com/role/ConsolidatedBalanceSheets Consolidated Balance Sheets Statements 2 false false R3.htm 1001501 - Statement - Consolidated Balance Sheets (Parentheticals) Sheet http://www.alx-inc.com/role/ConsolidatedBalanceSheetsParentheticals Consolidated Balance Sheets (Parentheticals) Statements 3 false false R4.htm 1002000 - Statement - Consolidated Statements of Income Sheet http://www.alx-inc.com/role/ConsolidatedStatementsOfIncome Consolidated Statements of Income Statements 4 false false R5.htm 1002501 - Statement - Consolidated Statements of Income (Parentheticals) Sheet http://www.alx-inc.com/role/ConsolidatedStatementsOfIncomeParentheticals Consolidated Statements of Income (Parentheticals) Statements 5 false false R6.htm 1003000 - Statement - Consolidated Statements of Comprehensive Income Sheet http://www.alx-inc.com/role/ConsolidatedStatementsOfComprehensiveIncome Consolidated Statements of Comprehensive Income Statements 6 false false R7.htm 1004000 - Statement - Consolidated Statements of Changes in Equity Sheet http://www.alx-inc.com/role/ConsolidatedStatementsOfChangesInEquity Consolidated Statements of Changes in Equity Statements 7 false false R8.htm 1004001 - Statement - Consolidated Statements of Changes in Equity - Parenthetical Sheet http://www.alx-inc.com/role/ConsolidatedStatementsOfChangesInEquityParenthetical Consolidated Statements of Changes in Equity - Parenthetical Statements 8 false false R9.htm 1005000 - Statement - Consolidated Statements of Cash Flows Sheet http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlows Consolidated Statements of Cash Flows Statements 9 false false R10.htm 1005501 - Statement - Consolidated Statements of Cash Flows (Parentheticals) Sheet http://www.alx-inc.com/role/ConsolidatedStatementsOfCashFlowsParentheticals Consolidated Statements of Cash Flows (Parentheticals) Statements 10 false false R11.htm 2101100 - Disclosure - Organization Sheet http://www.alx-inc.com/role/Organization Organization Notes 11 false false R12.htm 2101100 - Disclosure - Summary of Significant Accounting Policies Sheet http://www.alx-inc.com/role/SummaryOfSignificantAccountingPolicies Summary of Significant Accounting Policies Notes 12 false false R13.htm 2103100 - Disclosure - Revenue Recognition Sheet http://www.alx-inc.com/role/RevenueRecognition Revenue Recognition Notes 13 false false R14.htm 2105100 - Disclosure - Related Party Transactions Sheet http://www.alx-inc.com/role/RelatedPartyTransactions Related Party Transactions Notes 14 false false R15.htm 2106100 - Disclosure - Marketable Securities Sheet http://www.alx-inc.com/role/MarketableSecurities Marketable Securities Notes 15 false false R16.htm 2107100 - Disclosure - Discontinued Operations Sheet http://www.alx-inc.com/role/DiscontinuedOperations Discontinued Operations Notes 16 false false R17.htm 2108100 - Disclosure - Mortgages Payable Sheet http://www.alx-inc.com/role/MortgagesPayable Mortgages Payable Notes 17 false false R18.htm 2110100 - Disclosure - Fair Value Measurements Sheet http://www.alx-inc.com/role/FairValueMeasurements Fair Value Measurements Notes 18 false false R19.htm 2111100 - Disclosure - Leases Sheet http://www.alx-inc.com/role/Leases Leases Notes 19 false false R20.htm 2113100 - Disclosure - Stock-Based Compensation Sheet http://www.alx-inc.com/role/StockBasedCompensation Stock-Based Compensation Notes 20 false false R21.htm 2114100 - Disclosure - Commitments and Contingencies Sheet http://www.alx-inc.com/role/CommitmentsAndContingencies Commitments and Contingencies Notes 21 false false R22.htm 2115100 - Disclosure - Multiemployer Benefit Plans Sheet http://www.alx-inc.com/role/MultiemployerBenefitPlans Multiemployer Benefit Plans Notes 22 false false R23.htm 2116100 - Disclosure - Earnings Per Share Sheet http://www.alx-inc.com/role/EarningsPerShare Earnings Per Share Notes 23 false false R24.htm 2117100 - Disclosure - Summary Of Quarterly Results (Unaudited) Sheet http://www.alx-inc.com/role/SummaryOfQuarterlyResultsUnaudited Summary Of Quarterly Results (Unaudited) Notes 24 false false R25.htm 2119100 - Disclosure - Schedule III: Real Estate and Accumulated Depreciation Sheet http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciation Schedule III: Real Estate and Accumulated Depreciation Notes 25 false false R26.htm 2201201 - Disclosure - Summary of Significant Accounting Policies (Policies) Sheet http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesPolicies Summary of Significant Accounting Policies (Policies) Policies http://www.alx-inc.com/role/SummaryOfSignificantAccountingPolicies 26 false false R27.htm 2301302 - Disclosure - Summary of Significant Accounting Policies (Tables) Sheet http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesTables Summary of Significant Accounting Policies (Tables) Tables http://www.alx-inc.com/role/SummaryOfSignificantAccountingPolicies 27 false false R28.htm 2303301 - Disclosure - Revenue Recognition (Tables) Sheet http://www.alx-inc.com/role/RevenueRecognitionTables Revenue Recognition (Tables) Tables http://www.alx-inc.com/role/RevenueRecognition 28 false false R29.htm 2305301 - Disclosure - Related Party Transactions (Tables) Sheet http://www.alx-inc.com/role/RelatedPartyTransactionsTables Related Party Transactions (Tables) Tables http://www.alx-inc.com/role/RelatedPartyTransactions 29 false false R30.htm 2308301 - Disclosure - Mortgages Payable (Tables) Sheet http://www.alx-inc.com/role/MortgagesPayableTables Mortgages Payable (Tables) Tables http://www.alx-inc.com/role/MortgagesPayable 30 false false R31.htm 2310301 - Disclosure - Fair Value Measurements (Tables) Sheet http://www.alx-inc.com/role/FairValueMeasurementsTables Fair Value Measurements (Tables) Tables http://www.alx-inc.com/role/FairValueMeasurements 31 false false R32.htm 2311301 - Disclosure - Leases (Tables) Sheet http://www.alx-inc.com/role/LeasesTables Leases (Tables) Tables http://www.alx-inc.com/role/Leases 32 false false R33.htm 2316301 - Disclosure - Earnings Per Share (Tables) Sheet http://www.alx-inc.com/role/EarningsPerShareTables Earnings Per Share (Tables) Tables http://www.alx-inc.com/role/EarningsPerShare 33 false false R34.htm 2317301 - Disclosure - Summary Of Quarterly Results (Unaudited) (Tables) Sheet http://www.alx-inc.com/role/SummaryOfQuarterlyResultsUnauditedTables Summary Of Quarterly Results (Unaudited) (Tables) Tables http://www.alx-inc.com/role/SummaryOfQuarterlyResultsUnaudited 34 false false R35.htm 2401401 - Disclosure - Organization (Details) Sheet http://www.alx-inc.com/role/OrganizationDetails Organization (Details) Details http://www.alx-inc.com/role/Organization 35 false false R36.htm 2401403 - Disclosure - Summary of Significant Accounting Policies (Details) Sheet http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesDetails Summary of Significant Accounting Policies (Details) Details http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesTables 36 false false R37.htm 2401404 - Disclosure - Summary of Significant Accounting Policies (Income Taxes) (Details) Sheet http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesIncomeTaxesDetails Summary of Significant Accounting Policies (Income Taxes) (Details) Details http://www.alx-inc.com/role/SummaryOfSignificantAccountingPoliciesTables 37 false false R38.htm 2403402 - Disclosure - Revenue Recognition - Disaggregation of Revenue (Details) Sheet http://www.alx-inc.com/role/RevenueRecognitionDisaggregationOfRevenueDetails Revenue Recognition - Disaggregation of Revenue (Details) Details 38 false false R39.htm 2403403 - Disclosure - Revenue Recognition - Components of Lease Revenue (Details) Sheet http://www.alx-inc.com/role/RevenueRecognitionComponentsOfLeaseRevenueDetails Revenue Recognition - Components of Lease Revenue (Details) Details 39 false false R40.htm 2405402 - Disclosure - Related Party Transactions (Details) Sheet http://www.alx-inc.com/role/RelatedPartyTransactionsDetails Related Party Transactions (Details) Details http://www.alx-inc.com/role/RelatedPartyTransactionsTables 40 false false R41.htm 2405403 - Disclosure - Related Party Transactions (Fees to Vornado) (Details) Sheet http://www.alx-inc.com/role/RelatedPartyTransactionsFeesToVornadoDetails Related Party Transactions (Fees to Vornado) (Details) Details http://www.alx-inc.com/role/RelatedPartyTransactionsTables 41 false false R42.htm 2406402 - Disclosure - Marketable Securities (Details) Sheet http://www.alx-inc.com/role/MarketableSecuritiesDetails Marketable Securities (Details) Details http://www.alx-inc.com/role/MarketableSecurities 42 false false R43.htm 2407402 - Disclosure - Discontinued Operations (Details) Sheet http://www.alx-inc.com/role/DiscontinuedOperationsDetails Discontinued Operations (Details) Details http://www.alx-inc.com/role/DiscontinuedOperations 43 false false R44.htm 2408402 - Disclosure - Mortgages Payable (Narrative) (Details) Sheet http://www.alx-inc.com/role/MortgagesPayableNarrativeDetails Mortgages Payable (Narrative) (Details) Details http://www.alx-inc.com/role/MortgagesPayableTables 44 false false R45.htm 2408403 - Disclosure - Mortgages Payable (Outstanding mortgages payable) (Details) Sheet http://www.alx-inc.com/role/MortgagesPayableOutstandingMortgagesPayableDetails Mortgages Payable (Outstanding mortgages payable) (Details) Details http://www.alx-inc.com/role/MortgagesPayableTables 45 false false R46.htm 2408404 - Disclosure - Mortgages Payable (Principal repayments for the next five years) (Details) Sheet http://www.alx-inc.com/role/MortgagesPayablePrincipalRepaymentsForNextFiveYearsDetails Mortgages Payable (Principal repayments for the next five years) (Details) Details http://www.alx-inc.com/role/MortgagesPayableTables 46 false false R47.htm 2410402 - Disclosure - Fair Value Measurements (Financial Assets and Liabilities Measured at Fair Value) (Details) Sheet http://www.alx-inc.com/role/FairValueMeasurementsFinancialAssetsAndLiabilitiesMeasuredAtFairValueDetails Fair Value Measurements (Financial Assets and Liabilities Measured at Fair Value) (Details) Details http://www.alx-inc.com/role/FairValueMeasurementsTables 47 false false R48.htm 2410403 - Disclosure - Fair Value Measurements (Financial Assets and Liabilities Not Measured at Fair Value) (Details) Sheet http://www.alx-inc.com/role/FairValueMeasurementsFinancialAssetsAndLiabilitiesNotMeasuredAtFairValueDetails Fair Value Measurements (Financial Assets and Liabilities Not Measured at Fair Value) (Details) Details http://www.alx-inc.com/role/FairValueMeasurementsTables 48 false false R49.htm 2411402 - Disclosure - Leases - Allowance for Doubtful Accounts (Details) Sheet http://www.alx-inc.com/role/LeasesAllowanceForDoubtfulAccountsDetails Leases - Allowance for Doubtful Accounts (Details) Details 49 false false R50.htm 2411403 - Disclosure - Leases - Lessor Narrative (Details) Sheet http://www.alx-inc.com/role/LeasesLessorNarrativeDetails Leases - Lessor Narrative (Details) Details 50 false false R51.htm 2411404 - Disclosure - Leases - Future Base Rental Revenue for Topic 842 (Details) Sheet http://www.alx-inc.com/role/LeasesFutureBaseRentalRevenueForTopic842Details Leases - Future Base Rental Revenue for Topic 842 (Details) Details 51 false false R52.htm 2411405 - Disclosure - Leases - Future Base Rental Revenue for Topic 840 (Details) Sheet http://www.alx-inc.com/role/LeasesFutureBaseRentalRevenueForTopic840Details Leases - Future Base Rental Revenue for Topic 840 (Details) Details 52 false false R53.htm 2411406 - Disclosure - Leases - Lessee Narrative (Details) Sheet http://www.alx-inc.com/role/LeasesLesseeNarrativeDetails Leases - Lessee Narrative (Details) Details 53 false false R54.htm 2411407 - Disclosure - Leases - Future Lease Payments Under Operating Lease for Topic 842 (Details) Sheet http://www.alx-inc.com/role/LeasesFutureLeasePaymentsUnderOperatingLeaseForTopic842Details Leases - Future Lease Payments Under Operating Lease for Topic 842 (Details) Details 54 false false R55.htm 2411408 - Disclosure - Leases - Future Lease Payments Under Operating Lease for Topic 840 (Details) Sheet http://www.alx-inc.com/role/LeasesFutureLeasePaymentsUnderOperatingLeaseForTopic840Details Leases - Future Lease Payments Under Operating Lease for Topic 840 (Details) Details 55 false false R56.htm 2413401 - Disclosure - Stock-Based Compensation (Details) Sheet http://www.alx-inc.com/role/StockBasedCompensationDetails Stock-Based Compensation (Details) Details http://www.alx-inc.com/role/StockBasedCompensation 56 false false R57.htm 2414401 - Disclosure - Commitments and Contingencies (Insurance) (Details) Sheet http://www.alx-inc.com/role/CommitmentsAndContingenciesInsuranceDetails Commitments and Contingencies (Insurance) (Details) Details http://www.alx-inc.com/role/CommitmentsAndContingencies 57 false false R58.htm 2414402 - Disclosure - Commitments and Contingencies (Litigation and contingencies) (Details) Sheet http://www.alx-inc.com/role/CommitmentsAndContingenciesLitigationAndContingenciesDetails Commitments and Contingencies (Litigation and contingencies) (Details) Details http://www.alx-inc.com/role/CommitmentsAndContingencies 58 false false R59.htm 2415401 - Disclosure - Multiemployer Benefit Plans (Details) Sheet http://www.alx-inc.com/role/MultiemployerBenefitPlansDetails Multiemployer Benefit Plans (Details) Details http://www.alx-inc.com/role/MultiemployerBenefitPlans 59 false false R60.htm 2416402 - Disclosure - Earnings Per Share - Narrative (Details) Sheet http://www.alx-inc.com/role/EarningsPerShareNarrativeDetails Earnings Per Share - Narrative (Details) Details 60 false false R61.htm 2416403 - Disclosure - Earnings Per Share (Details) Sheet http://www.alx-inc.com/role/EarningsPerShareDetails Earnings Per Share (Details) Details http://www.alx-inc.com/role/EarningsPerShareTables 61 false false R62.htm 2417402 - Disclosure - Summary Of Quarterly Results (Unaudited) (Details) Sheet http://www.alx-inc.com/role/SummaryOfQuarterlyResultsUnauditedDetails Summary Of Quarterly Results (Unaudited) (Details) Details http://www.alx-inc.com/role/SummaryOfQuarterlyResultsUnauditedTables 62 false false R63.htm 2417403 - Disclosure - Summary Of Quarterly Results (Unaudited) (Footnotes) (Details) Notes http://www.alx-inc.com/role/SummaryOfQuarterlyResultsUnauditedFootnotesDetails Summary Of Quarterly Results (Unaudited) (Footnotes) (Details) Details http://www.alx-inc.com/role/SummaryOfQuarterlyResultsUnauditedTables 63 false false R64.htm 2419401 - Disclosure - Schedule III: Real estate and Accumulated depreciation (Details) Sheet http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationDetails Schedule III: Real estate and Accumulated depreciation (Details) Details 64 false false R65.htm 2419402 - Disclosure - Schedule III: Real Estate and Accumulated Depreciation (Rollforward of Real Estate and Accumulated Deprecation) (Details) Sheet http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciationRollforwardOfRealEstateAndAccumulatedDeprecationDetails Schedule III: Real Estate and Accumulated Depreciation (Rollforward of Real Estate and Accumulated Deprecation) (Details) Details http://www.alx-inc.com/role/ScheduleIiiRealEstateAndAccumulatedDepreciation 65 false false All Reports Book All Reports alx10-k123119.htm alx-20191231.xsd alx-20191231_cal.xml alx-20191231_def.xml alx-20191231_lab.xml alx-20191231_pre.xml exhibit1061.htm exhibit2111.htm exhibit2311.htm exhibit31121.htm exhibit31221.htm exhibit32121.htm exhibit32221.htm exhibit4.htm untitleda04.jpg http://fasb.org/srt/2019-01-31 http://xbrl.sec.gov/dei/2019-01-31 http://fasb.org/us-gaap/2019-01-31 http://xbrl.sec.gov/stpr/2018-01-31 true true XML 47 R43.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Discontinued Operations (Details)
$ in Thousands
3 Months Ended
Mar. 31, 2018
USD ($)
Discontinued Operations and Disposal Groups [Abstract]  
Total real property tax expense $ 23,797
Additional real property transfer tax expense 15,874
Real property tax expense interest $ 7,923
XML 48 R60.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Earnings Per Share - Narrative (Details) - shares
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Earnings Per Share [Abstract]      
Potentially dilutive securities outstanding 0 0 0
XML 49 R64.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Schedule III: Real estate and Accumulated depreciation (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation        
Encumbrances $ 974,836      
Initial cost of Land 21,593      
Initial cost of Building and Leasehold improvements 26,239      
Costs capitalized subsequent to acquisition 993,510      
Carrying amount of Land 44,971      
Carrying amount of Buildings and Leasehold improvements 984,053      
Development and Construction in progress 12,318      
Total 1,041,342 $ 1,027,691 $ 1,037,368 $ 1,033,551
Accumulated Depreciation and Amortization 324,499 $ 297,421 $ 283,044 $ 252,737
Deferred debt issuance costs, net 3,875      
Differences between book and tax basis 171,331      
Other Properties        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation        
Encumbrances 0      
Initial cost of Land 167      
Initial cost of Building and Leasehold improvements 1,804      
Costs capitalized subsequent to acquisition (1,804)      
Carrying amount of Land 167      
Carrying amount of Buildings and Leasehold improvements 0      
Development and Construction in progress 0      
Total 167      
Accumulated Depreciation and Amortization $ 0      
Date acquired 1992      
New York | Rego Park I        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation        
Encumbrances $ 0      
Initial cost of Land 1,647      
Initial cost of Building and Leasehold improvements 8,953      
Costs capitalized subsequent to acquisition 61,930      
Carrying amount of Land 1,647      
Carrying amount of Buildings and Leasehold improvements 62,822      
Development and Construction in progress 8,061      
Total 72,530      
Accumulated Depreciation and Amortization $ 36,790      
Date of construction 1959      
Date acquired 1992      
New York | Rego Park I | Minimum        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation        
Life on which Depreciation in Latest Income Statement is Computed 3 years      
New York | Rego Park I | Maximum        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation        
Life on which Depreciation in Latest Income Statement is Computed 39 years      
New York | Rego Park II | Retail space        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation        
Encumbrances $ 56,836      
Initial cost of Land 3,127      
Initial cost of Building and Leasehold improvements 1,467      
Costs capitalized subsequent to acquisition 388,349      
Carrying amount of Land 3,127      
Carrying amount of Buildings and Leasehold improvements 389,782      
Development and Construction in progress 34      
Total 392,943      
Accumulated Depreciation and Amortization $ 103,688      
Date of construction 2009      
Date acquired 1992      
New York | Rego Park II | Retail space | Minimum        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation        
Life on which Depreciation in Latest Income Statement is Computed 3 years      
New York | Rego Park II | Retail space | Maximum        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation        
Life on which Depreciation in Latest Income Statement is Computed 40 years      
New York | The Alexander apartment tower        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation        
Encumbrances $ 0      
Initial cost of Land 0      
Initial cost of Building and Leasehold improvements 0      
Costs capitalized subsequent to acquisition 119,112      
Carrying amount of Land 0      
Carrying amount of Buildings and Leasehold improvements 119,112      
Development and Construction in progress 0      
Total 119,112      
Accumulated Depreciation and Amortization $ 17,405      
Date of construction 2016      
Date acquired 1992      
New York | The Alexander apartment tower | Minimum        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation        
Life on which Depreciation in Latest Income Statement is Computed 3 years      
New York | The Alexander apartment tower | Maximum        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation        
Life on which Depreciation in Latest Income Statement is Computed 39 years      
New York | Rego Park III        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation        
Encumbrances $ 0      
Initial cost of Land 779      
Initial cost of Building and Leasehold improvements 0      
Costs capitalized subsequent to acquisition 4,297      
Carrying amount of Land 779      
Carrying amount of Buildings and Leasehold improvements 503      
Development and Construction in progress 3,794      
Total 5,076      
Accumulated Depreciation and Amortization $ 290      
Date acquired 1992      
New York | Rego Park III | Minimum        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation        
Life on which Depreciation in Latest Income Statement is Computed 5 years      
New York | Rego Park III | Maximum        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation        
Life on which Depreciation in Latest Income Statement is Computed 15 years      
New York | Flushing        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation        
Encumbrances $ 0      
Initial cost of Land 0      
Initial cost of Building and Leasehold improvements 1,660      
Costs capitalized subsequent to acquisition (107)      
Carrying amount of Land 0      
Carrying amount of Buildings and Leasehold improvements 1,553      
Development and Construction in progress 0      
Total 1,553      
Accumulated Depreciation and Amortization $ 1,087      
Date of construction 1975      
Date acquired 1992      
New York | Lexington Avenue        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation        
Encumbrances $ 850,000      
Initial cost of Land 14,432      
Initial cost of Building and Leasehold improvements 12,355      
Costs capitalized subsequent to acquisition 411,420      
Carrying amount of Land 27,497      
Carrying amount of Buildings and Leasehold improvements 410,281      
Development and Construction in progress 429      
Total 438,207      
Accumulated Depreciation and Amortization $ 165,239      
Date of construction 2003      
Date acquired 1992      
New York | Lexington Avenue | Minimum        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation        
Life on which Depreciation in Latest Income Statement is Computed 9 years      
New York | Lexington Avenue | Maximum        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation        
Life on which Depreciation in Latest Income Statement is Computed 39 years      
New Jersey | Paramus, NJ        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation        
Encumbrances $ 68,000      
Initial cost of Land 1,441      
Initial cost of Building and Leasehold improvements 0      
Costs capitalized subsequent to acquisition 10,313      
Carrying amount of Land 11,754      
Carrying amount of Buildings and Leasehold improvements 0      
Development and Construction in progress 0      
Total 11,754      
Accumulated Depreciation and Amortization $ 0      
Date acquired 1992      
Participation Agreement | Rego Park II        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation        
Loan participation balance $ 195,708      
EXCEL 50 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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

-S

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�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end XML 51 R22.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Multiemployer Benefit Plans
12 Months Ended
Dec. 31, 2019
Multiemployer Plans [Abstract]  
Multiemployer Benefit Plans MULTIEMPLOYER BENEFIT PLANS
Our subsidiaries make contributions to certain multiemployer defined benefit plans (“Multiemployer Pension Plans”) and health plans (“Multiemployer Health Plans”) for our union represented employees, pursuant to the respective collective bargaining agreements.

 Multiemployer Pension Plans
 
Multiemployer Pension Plans differ from single-employer pension plans in that (i) contributions to multiemployer plans may be used to provide benefits to employees of other participating employers and (ii) if other participating employers fail to make their contributions, each of our subsidiaries may be required to bear their pro rata share of unfunded obligations.  If a participating subsidiary withdraws from a plan in which it participates, it may be subject to a withdrawal liability.  As of December 31, 2019, our subsidiaries’ participation in these plans were not significant to our consolidated financial statements.
 
In the years ended December 31, 2019, 2018 and 2017 our subsidiaries contributed $172,000, $161,000 and $162,000, respectively, towards Multiemployer Pension Plans. Our subsidiaries’ contributions did not represent more than 5% of total employer contributions in any of these plans for the years ended December 31, 2019, 2018 and 2017.
 
Multiemployer Health Plans
 
Multiemployer Health Plans in which our subsidiaries participate provide health benefits to eligible active and retired employees.  In the years ended December 31, 2019, 2018 and 2017 our subsidiaries contributed $686,000, $649,000 and $619,000, respectively, towards these plans.

XML 52 R26.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Summary of Significant Accounting Policies (Policies)
12 Months Ended
Dec. 31, 2019
Accounting Policies [Abstract]  
Basis of Presentation The accompanying consolidated financial statements include our accounts and those of our consolidated subsidiaries.  All intercompany amounts have been eliminated.  Our financial statements are prepared in conformity with accounting principles generally accepted in the United States of America (“GAAP”), which requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods.  Actual results could differ from those estimates.  Certain prior year balances have been reclassified in order to conform to the current year presentation.
Recently Issued Accounting Literature In February 2016, the Financial Accounting Standards Board (“FASB”) issued an update (“ASU 2016-02”) establishing ASC Topic 842, Leases (“ASC 842”), as amended by subsequent ASUs on the topic, which sets out the principles for the recognition, measurement, presentation and disclosure of leases for both lessees and lessors. ASU 2016-02 requires lessees to apply a two- method approach, classifying leases as either finance or operating leases based on the principle of whether or not the lease is effectively a financed purchase. Lessees are required to record a right-of-use asset and a lease liability for all leases with a term of greater than 12 months. Lease liabilities equal the present value of future lease payments. Right-of-use assets equal the lease liabilities adjusted for accrued rent expense, initial direct costs, lease incentives and prepaid lease payments. Leases with a term of 12 months or less will be accounted for similar to the previously existing guidance for operating leases. Lessees will recognize expense based on the effective interest method for finance leases or on a straight-line basis for operating leases. The accounting applied by the lessor is largely unchanged from that applied under ASC Topic 840, Leases (“ASC 840”). We adopted this standard effective January 1, 2019 using the modified retrospective approach. In transitioning to ASC 842, we elected to use the practical expedient package available to us and did not elect to use hindsight. These elections have been applied consistently to all of our leases. On January 1, 2019, for our Flushing property ground lease, which is classified as an operating lease, we recorded a right- of-use asset of $5,058,000 (included in “other assets”) and a lease liability of $5,428,000 (included in “other liabilities”) (see Note 9 - Leases).
 
In June 2016, the FASB issued an update (“ASU 2016-13”) Measurement of Credit Losses on Financial Instruments establishing ASC Topic 326, Financial Instruments - Credit Losses, as amended by subsequent ASUs on the topic. ASU 2016-13 changes how entities will account for credit losses for most financial assets and certain other instruments that are not measured at fair value through net income. The guidance replaces the current “incurred loss” model with an “expected loss” model that requires consideration of a broader range of information to estimate expected credit losses over the lifetime of the financial asset. ASU 2016-13 is effective for interim and annual reporting periods in fiscal years beginning after December 15, 2019. We are currently evaluating the impact of the adoption of ASU 2016-13 on our consolidated financial statements, but do not believe the adoption of this standard will have a material impact on our consolidated financial statements.

In August 2018, the FASB issued an update (“ASU 2018-13”) Disclosure Framework - Changes to the Disclosure Requirements for Fair Value Measurement to ASC Topic 820, Fair Value Measurement (“ASC 820”). ASU 2018-13 modifies the disclosure requirements for fair value measurements by removing, modifying, and/or adding certain disclosures. ASU 2018-13 is effective for interim and annual reporting periods in fiscal years beginning after December 15, 2019. We elected to early adopt ASU 2018-13 effective January 1, 2019. The adoption of this update did not have a material impact on our consolidated financial statements and disclosures.
 
ALEXANDER’S, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)

2.    SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - continued
In October 2018, the FASB issued an update (“ASU 2018-16”) Inclusion of the Secured Overnight Financing Rate (SOFR) Overnight Index Swap (OIS) Rate as a Benchmark Interest Rate for Hedge Accounting Purposes to ASC 815. ASU 2018-16 expands the list of U.S. benchmark interest rates permitted in the application of hedge accounting by adding the OIS rate based on SOFR as an eligible benchmark interest rate. ASU 2018-16 is effective for interim and annual reporting periods in fiscal years beginning after December 15, 2018, with early adoption permitted. We adopted this update effective January 1, 2019. The adoption of this update did not have a material impact on our consolidated financial statements.
Real Estate Real estate is carried at cost, net of accumulated depreciation and amortization.  As of December 31, 2019 and 2018, the carrying amount of our real estate, net of accumulated depreciation and amortization, was $716,843,000 and $730,270,000, respectively.  Maintenance and repairs are expensed as incurred.  Depreciation requires an estimate by management of the useful life of each property and improvement as well as an allocation of the costs associated with a property to its various components. We capitalize all property operating expenses directly associated with and attributable to, the development and construction of a project, including interest expense. The capitalization period begins when development activities are underway and ends when it is determined that the asset is substantially complete and ready for its intended use, which is typically evidenced by the receipt of a temporary certificate of occupancy. General and administrative costs are expensed as incurred.
 
Our properties, including properties to be developed in the future, are individually reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of the assets may not be recoverable.  An impairment exists when the carrying amount of an asset exceeds the sum of the undiscounted cash flows expected to result from the use and eventual disposition of the asset, including an estimated terminal value calculated using an appropriate capitalization rate.  Estimates of future cash flows are based on our current plans, intended holding periods and available market information at the time the analyses are prepared.  For our development properties, estimates of future cash flows also include all future expenditures necessary to develop the asset, including interest payments that will be capitalized as part of the cost of the asset.  An impairment loss is recognized only if the carrying amount of the asset is not recoverable and is measured based on the excess of the property’s carrying amount over its estimated fair value.  If our estimates of future cash flows, anticipated holding periods, or fair values change, based on market conditions or otherwise, our evaluation of impairment charges may be different and such differences could be material to our consolidated financial statements.  Estimates of future cash flows are subjective and are based, in part, on assumptions regarding future occupancy, rental rates and capital requirements that could differ materially from actual results.  Plans to hold properties over longer periods decrease the likelihood of recording impairment losses.
Cash and Cash Equivalents Cash and cash equivalents consist of highly liquid investments with original maturities of three months or less and are carried at cost, which approximates fair value, due to their short-term maturities.  The majority of our cash and cash equivalents consist of (i) deposits at major commercial banks, which may at times exceed the Federal Deposit Insurance Corporation limit, (ii) United States Treasury Bills, (iii) money market funds, which invest in United States Treasury Bills and (iv) certificates of deposit placed through an account registry service (“CDARS”).  To date we have not experienced any losses on our invested cash.
Restricted Cash Restricted cash primarily consists of security deposits and other cash escrowed under loan agreements, including for debt service, real estate taxes, property insurance and capital improvements.
Marketable Securities Our marketable securities consist of common shares of The Macerich Company (“Macerich”) (NYSE: MAC), which are classified as available-for-sale.  Available-for-sale securities are presented at fair value on our consolidated balance sheets.  Prior to January 1, 2018, unrealized gains and losses resulting from the mark-to-market of these securities were included in “other comprehensive income (loss).” Effective January 1, 2018, changes in the fair value of these securities are recognized in current period earnings in accordance with ASC Topic 825 (“ASC 825”), Financial Instruments
Deferred Charges Direct financing costs are deferred and amortized over the terms of the related agreements as a component of interest and debt expense.  Direct costs related to leasing activities are capitalized and amortized on a straight-line basis over the lives of the related leases.  All other deferred charges are amortized on a straight-line basis, which approximates the effective interest rate method, in accordance with the terms of the agreements to which they relate.
Income Taxes We operate in a manner intended to enable us to continue to qualify as a REIT under Sections 856 – 860 of the Internal Revenue Code of 1986, as amended (the “Code”).  In order to maintain our qualification as a REIT under the Code, we must distribute at least 90% of our taxable income to stockholders each year.  We distribute to our stockholders 100% of our taxable income and therefore, no provision for Federal income taxes is required.  Dividends distributed for the year ended December 31, 2019 were characterized, for federal income tax purposes, as 99.6% ordinary income and 0.4% long-term capital gain income. Dividends distributed for the year ended December 31, 2018 were characterized, for federal income tax purposes, as 100.0% ordinary income. Dividends distributed for the year ended December 31, 2017 were categorized, for federal income tax purposes, as 99.5% ordinary income and 0.5% long-term capital gain income. 
Revenue Recognition
Our rental revenues include revenues from the leasing of space to tenants at our properties and revenues from parking and tenant services. We have the following revenue recognition policies:
Lease revenues from the leasing of space to tenants at our properties. Revenues derived from base rent are recognized over the non-cancelable term of the related leases on a straight-line basis which includes the effects of rent steps and rent abatements. We commence rental revenue recognition when the underlying asset is available for use by the lessee. In addition, in circumstances where we provide a tenant improvement allowance for improvements that are owned by the tenant, we recognize the allowance as a reduction of rental revenue on a straight-line basis over the term of the lease. Revenues derived from the reimbursement of real estate taxes, insurance expenses and common area maintenance expenses are generally recognized in the same period as the related expenses are incurred. As lessor, we have elected to combine the lease components (base and variable rent), non-lease components (reimbursements of common area maintenance expenses) and reimbursement of real estate taxes and insurance expenses from our operating lease agreements and account for the components as a single lease component in accordance with ASC 842.

• Parking revenue arising from the rental of parking spaces at our properties. This income is recognized as the services are transferred in accordance with ASC Topic 606, Revenue from Contracts with Customers (“ASC 606”).

Tenant services is revenue arising from sub-metered electric, elevator and other services provided to tenants at their request. This revenue is recognized as the services are transferred in accordance with ASC 606.
Fair Value Measurements
ASC 820 defines fair value and establishes a framework for measuring fair value.   ASC 820 establishes a fair value hierarchy that prioritizes observable and unobservable inputs used to measure fair value into three levels: Level 1 – quoted prices (unadjusted) in active markets that are accessible at the measurement date for assets or liabilities; Level 2 – observable prices that are based on inputs not quoted in active markets, but corroborated by market data; and Level 3 – unobservable inputs that are used when little or no market data is available.  The fair value hierarchy gives the highest priority to Level 1 inputs and the lowest priority to Level 3 inputs. In determining fair value, we utilize valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs to the extent possible as well as consider counterparty credit risk in our assessment of fair value.  
XML 53 R39.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Revenue Recognition - Components of Lease Revenue (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenue from Contract with Customer [Abstract]      
Fixed lease revenues $ 142,679    
Variable lease revenues 74,572    
Lease revenues $ 217,251 $ 223,388 $ 220,764
XML 55 R35.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Organization (Details)
ft² in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
a
ft²
property
segment
unit
condomium_unit
Dec. 31, 2017
USD ($)
Sep. 23, 2019
ft²
Apr. 04, 2017
ft²
Operating Properties        
Number of properties | property 7      
Number of segments | segment 1      
Rego Park I | Sears        
Operating Properties        
Area of property (in square feet)       195
Property rentals | $   $ 10,300    
Rego Park II | Kohl's        
Operating Properties        
Lease expiration date Jan. 01, 2031      
Rego Park II | Anchor        
Operating Properties        
Area of property (in square feet) 609      
Operating property | 731 Lexington Avenue        
Operating Properties        
Area of property (in square feet) 1,323      
Operating property | 731 Lexington Avenue | Office space        
Operating Properties        
Area of property (in square feet) 920      
Operating property | 731 Lexington Avenue | Retail space        
Operating Properties        
Area of property (in square feet) 155      
Operating property | 731 Lexington Avenue | Retail space | Tenant Occupant | Home Depot        
Operating Properties        
Area of property (in square feet) 83      
Operating property | 731 Lexington Avenue | Retail space | Tenant Occupant | Container Store        
Operating Properties        
Area of property (in square feet) 34      
Operating property | 731 Lexington Avenue | Residence space        
Operating Properties        
Area of property (in square feet) 248      
Number of property units | condomium_unit 105      
Operating property | Rego Park I        
Operating Properties        
Area of property (in square feet) 343      
Operating property | Rego Park I | Tenant Occupant | Anchor | Sears        
Operating Properties        
Area of property (in square feet) 195      
Operating property | Rego Park I | Tenant Occupant | Anchor | IKEA        
Operating Properties        
Area of property (in square feet)     113  
Operating property | Rego Park I | Tenant Occupant | Anchor | Burlington Coat Factory        
Operating Properties        
Area of property (in square feet) 50      
Operating property | Rego Park I | Tenant Occupant | Anchor | Bed Bath and Beyond        
Operating Properties        
Area of property (in square feet) 46      
Operating property | Rego Park I | Tenant Occupant | Anchor | Marshalls        
Operating Properties        
Area of property (in square feet) 36      
Operating property | Rego Park II | Tenant Occupant | Anchor | Costco        
Operating Properties        
Area of property (in square feet) 145      
Operating property | Rego Park II | Tenant Occupant | Anchor | Century 21        
Operating Properties        
Area of property (in square feet) 135      
Operating property | Rego Park II | Tenant Occupant | Anchor | Kohl's        
Operating Properties        
Area of property (in square feet) 133      
Operating property | The Alexander apartment tower        
Operating Properties        
Area of property (in square feet) 255      
Number of property units | unit 312      
Operating property | Paramus, NJ | Tenant Occupant | IKEA        
Operating Properties        
Area of land | a 30.3      
Operating property | Flushing        
Operating Properties        
Area of property (in square feet) 167      
Properties to be developed | Rego Park III        
Operating Properties        
Area of land 140      
XML 56 R31.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2019
Fair Value Disclosures [Abstract]  
Fair Value, Assets Measured on Recurring Basis
Financial assets measured at fair value on our consolidated balance sheets as of December 31, 2019 and 2018 consist of marketable securities, which are presented in the table below based on their level in the fair value hierarchy, and an interest rate cap, which fair value was insignificant as of December 31, 2019 and 2018. There were no financial liabilities measured at fair value as of December 31, 2019 and 2018.
 
 
As of December 31, 2019
(Amounts in thousands)
Total
 
Level 1
 
Level 2
 
Level 3
Marketable securities
$
14,409

 
$
14,409

 
$

 
$

 
 
 
 
 
 
 
 
 
As of December 31, 2018
(Amounts in thousands)
Total
 
Level 1
 
Level 2
 
Level 3
Marketable securities
$
23,166

 
$
23,166

 
$

 
$


Fair Value, by Balance Sheet Grouping The table below summarizes the carrying amount and fair value of these financial instruments as of December 31, 2019 and 2018.
 
 
As of December 31, 2019
 
As of December 31, 2018
 
Carrying
 
Fair
 
Carrying
 
Fair
(Amounts in thousands)
Amount
 
Value
 
Amount
 
Value
Assets:
 
 
 
 
 
 
 
Cash equivalents
$
263,688

 
$
263,688

 
$
173,858

 
$
173,858

Liabilities:
 
 
 
 
 
 
 
Mortgages payable (excluding deferred debt issuance costs, net)
$
974,836

 
$
974,000

 
$
974,836

 
$
969,000


XML 57 R7.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Consolidated Statements of Changes in Equity - USD ($)
$ in Thousands
Total
Common Stock
Additional Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Treasury Stock
Begining Balance (in shares) at Dec. 31, 2016   5,173,000        
Beginning Balance, Value at Dec. 31, 2016 $ 352,845 $ 5,173 $ 31,189 $ 308,995 $ 7,862 $ (374)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 80,509     80,509    
Dividends paid (86,961)     (86,961)    
Change in fair value of marketable securities (2,762)       (2,762)  
Change in value of interest rate cap (70)       (70)  
Deferred stock unit grants 394   394      
Other 0   (6)     6
Ending Balance (in shares) at Dec. 31, 2017   5,173,000        
Ending Balance, Value at Dec. 31, 2017 343,955 $ 5,173 31,577 302,543 5,030 (368)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 32,844     32,844    
Dividends paid (92,100)     (92,100)    
Cumulative effect of change in accounting principle 0     5,156 (5,156)  
Change in fair value of marketable securities 0          
Change in value of interest rate cap (1)       (1)  
Deferred stock unit grants $ 394   394      
Ending Balance (in shares) at Dec. 31, 2018 5,173,450 5,173,000        
Ending Balance, Value at Dec. 31, 2018 $ 285,092 $ 5,173 31,971 248,443 (127) (368)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 60,075     60,075    
Dividends paid (92,124)     (92,124)    
Change in fair value of marketable securities 0          
Change in value of interest rate cap 78       78  
Deferred stock unit grants $ 394   394      
Ending Balance (in shares) at Dec. 31, 2019 5,173,450 5,173,000        
Ending Balance, Value at Dec. 31, 2019 $ 253,515 $ 5,173 $ 32,365 $ 216,394 $ (49) $ (368)
XML 58 R3.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Consolidated Balance Sheets (Parentheticals) - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Assets    
Unamortized leasing fees to Vornado $ 32,374 $ 31,039
Preferred stock: par value per share (in usd per share) $ 1 $ 1
Preferred stock: authorized shares (in shares) 3,000,000 3,000,000
Preferred stock: issued shares (in shares) 0 0
Preferred stock: outstanding shares (in shares) 0 0
Common stock: par value per share (in usd per share) $ 1 $ 1
Common stock: authorized shares (in shares) 10,000,000 10,000,000
Common stock: issued shares (in shares) 5,173,450 5,173,450
Common stock: outstanding shares (in shares) 5,107,290 5,107,290
Treasury stock: shares (in shares) 66,160 66,160
XML 59 R12.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Summary of Significant Accounting Policies
12 Months Ended
Dec. 31, 2019
Accounting Policies [Abstract]  
Summary Of Significant Accounting Policies SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Basis of Presentation – The accompanying consolidated financial statements include our accounts and those of our consolidated subsidiaries.  All intercompany amounts have been eliminated.  Our financial statements are prepared in conformity with accounting principles generally accepted in the United States of America (“GAAP”), which requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods.  Actual results could differ from those estimates.  Certain prior year balances have been reclassified in order to conform to the current year presentation.
 
Subsequent to the issuance of our consolidated financial statements for the year ended December 31, 2018, we determined that the $195,708,000 participation in our Rego Park II shopping center mortgage loan was incorrectly classified as an asset, presented as “Rego Park II loan participation,” instead of as a reduction to “mortgages payable, net of deferred debt issuance costs” on our consolidated balance sheet as of December 31, 2018. On December 12, 2018, we refinanced this mortgage loan and the interest rate on the existing loan participation was adjusted to equal the interest rate on the refinanced loan. Consequently, we should have considered $195,708,000 of the Rego Park II shopping center mortgage loan liability extinguished as the participation interest is considered the reacquisition of our debt. Accordingly, our consolidated balance sheet for the year ended December 31, 2018 has been restated to reclassify $195,708,000 from “Rego Park II loan participation” to “mortgages payable, net of deferred debt issuance costs.” This reclassification had no material impact to our consolidated statements of income, comprehensive income, changes in equity or statement of cash flows for the year ended December 31, 2018.
 
Certain prior year balances have been reclassified in order to conform to the current period presentation. For the years ended December 31, 2018 and 2017, “property rentals” of $152,795,000 and $152,857,000, respectively, and “expense reimbursements” of $80,030,000 and $77,717,000, respectively, were grouped into “rental revenues” on our consolidated statements of income in accordance with Accounting Standards Codification (“ASC”) Topic 205 Presentation of Financial Statements.
 
Recently Issued Accounting Literature – In February 2016, the Financial Accounting Standards Board (“FASB”) issued an update (“ASU 2016-02”) establishing ASC Topic 842, Leases (“ASC 842”), as amended by subsequent ASUs on the topic, which sets out the principles for the recognition, measurement, presentation and disclosure of leases for both lessees and lessors. ASU 2016-02 requires lessees to apply a two- method approach, classifying leases as either finance or operating leases based on the principle of whether or not the lease is effectively a financed purchase. Lessees are required to record a right-of-use asset and a lease liability for all leases with a term of greater than 12 months. Lease liabilities equal the present value of future lease payments. Right-of-use assets equal the lease liabilities adjusted for accrued rent expense, initial direct costs, lease incentives and prepaid lease payments. Leases with a term of 12 months or less will be accounted for similar to the previously existing guidance for operating leases. Lessees will recognize expense based on the effective interest method for finance leases or on a straight-line basis for operating leases. The accounting applied by the lessor is largely unchanged from that applied under ASC Topic 840, Leases (“ASC 840”). We adopted this standard effective January 1, 2019 using the modified retrospective approach. In transitioning to ASC 842, we elected to use the practical expedient package available to us and did not elect to use hindsight. These elections have been applied consistently to all of our leases. On January 1, 2019, for our Flushing property ground lease, which is classified as an operating lease, we recorded a right- of-use asset of $5,058,000 (included in “other assets”) and a lease liability of $5,428,000 (included in “other liabilities”) (see Note 9 - Leases).
 
In June 2016, the FASB issued an update (“ASU 2016-13”) Measurement of Credit Losses on Financial Instruments establishing ASC Topic 326, Financial Instruments - Credit Losses, as amended by subsequent ASUs on the topic. ASU 2016-13 changes how entities will account for credit losses for most financial assets and certain other instruments that are not measured at fair value through net income. The guidance replaces the current “incurred loss” model with an “expected loss” model that requires consideration of a broader range of information to estimate expected credit losses over the lifetime of the financial asset. ASU 2016-13 is effective for interim and annual reporting periods in fiscal years beginning after December 15, 2019. We are currently evaluating the impact of the adoption of ASU 2016-13 on our consolidated financial statements, but do not believe the adoption of this standard will have a material impact on our consolidated financial statements.

In August 2018, the FASB issued an update (“ASU 2018-13”) Disclosure Framework - Changes to the Disclosure Requirements for Fair Value Measurement to ASC Topic 820, Fair Value Measurement (“ASC 820”). ASU 2018-13 modifies the disclosure requirements for fair value measurements by removing, modifying, and/or adding certain disclosures. ASU 2018-13 is effective for interim and annual reporting periods in fiscal years beginning after December 15, 2019. We elected to early adopt ASU 2018-13 effective January 1, 2019. The adoption of this update did not have a material impact on our consolidated financial statements and disclosures.
 
ALEXANDER’S, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)

2.    SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - continued
In October 2018, the FASB issued an update (“ASU 2018-16”) Inclusion of the Secured Overnight Financing Rate (SOFR) Overnight Index Swap (OIS) Rate as a Benchmark Interest Rate for Hedge Accounting Purposes to ASC 815. ASU 2018-16 expands the list of U.S. benchmark interest rates permitted in the application of hedge accounting by adding the OIS rate based on SOFR as an eligible benchmark interest rate. ASU 2018-16 is effective for interim and annual reporting periods in fiscal years beginning after December 15, 2018, with early adoption permitted. We adopted this update effective January 1, 2019. The adoption of this update did not have a material impact on our consolidated financial statements.
 
Real Estate – Real estate is carried at cost, net of accumulated depreciation and amortization.  As of December 31, 2019 and 2018, the carrying amount of our real estate, net of accumulated depreciation and amortization, was $716,843,000 and $730,270,000, respectively.  Maintenance and repairs are expensed as incurred.  Depreciation requires an estimate by management of the useful life of each property and improvement as well as an allocation of the costs associated with a property to its various components. We capitalize all property operating expenses directly associated with and attributable to, the development and construction of a project, including interest expense. The capitalization period begins when development activities are underway and ends when it is determined that the asset is substantially complete and ready for its intended use, which is typically evidenced by the receipt of a temporary certificate of occupancy. General and administrative costs are expensed as incurred.
 
Our properties, including properties to be developed in the future, are individually reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of the assets may not be recoverable.  An impairment exists when the carrying amount of an asset exceeds the sum of the undiscounted cash flows expected to result from the use and eventual disposition of the asset, including an estimated terminal value calculated using an appropriate capitalization rate.  Estimates of future cash flows are based on our current plans, intended holding periods and available market information at the time the analyses are prepared.  For our development properties, estimates of future cash flows also include all future expenditures necessary to develop the asset, including interest payments that will be capitalized as part of the cost of the asset.  An impairment loss is recognized only if the carrying amount of the asset is not recoverable and is measured based on the excess of the property’s carrying amount over its estimated fair value.  If our estimates of future cash flows, anticipated holding periods, or fair values change, based on market conditions or otherwise, our evaluation of impairment charges may be different and such differences could be material to our consolidated financial statements.  Estimates of future cash flows are subjective and are based, in part, on assumptions regarding future occupancy, rental rates and capital requirements that could differ materially from actual results.  Plans to hold properties over longer periods decrease the likelihood of recording impairment losses.
 
Cash and Cash Equivalents – Cash and cash equivalents consist of highly liquid investments with original maturities of three months or less and are carried at cost, which approximates fair value, due to their short-term maturities.  The majority of our cash and cash equivalents consist of (i) deposits at major commercial banks, which may at times exceed the Federal Deposit Insurance Corporation limit, (ii) United States Treasury Bills, (iii) money market funds, which invest in United States Treasury Bills and (iv) certificates of deposit placed through an account registry service (“CDARS”).  To date we have not experienced any losses on our invested cash.   
 
Restricted Cash Restricted cash primarily consists of security deposits and other cash escrowed under loan agreements, including for debt service, real estate taxes, property insurance and capital improvements.

Marketable Securities – Our marketable securities consist of common shares of The Macerich Company (“Macerich”) (NYSE: MAC), which are classified as available-for-sale.  Available-for-sale securities are presented at fair value on our consolidated balance sheets.  Prior to January 1, 2018, unrealized gains and losses resulting from the mark-to-market of these securities were included in “other comprehensive income (loss).” Effective January 1, 2018, changes in the fair value of these securities are recognized in current period earnings in accordance with ASC Topic 825 (“ASC 825”), Financial Instruments (see Note 5).
 
Deferred Charges – Direct financing costs are deferred and amortized over the terms of the related agreements as a component of interest and debt expense.  Direct costs related to leasing activities are capitalized and amortized on a straight-line basis over the lives of the related leases.  All other deferred charges are amortized on a straight-line basis, which approximates the effective interest rate method, in accordance with the terms of the agreements to which they relate.
 
ALEXANDER’S, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)

2.    SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - continued
Income Taxes – We operate in a manner intended to enable us to continue to qualify as a REIT under Sections 856 – 860 of the Internal Revenue Code of 1986, as amended (the “Code”).  In order to maintain our qualification as a REIT under the Code, we must distribute at least 90% of our taxable income to stockholders each year.  We distribute to our stockholders 100% of our taxable income and therefore, no provision for Federal income taxes is required.  Dividends distributed for the year ended December 31, 2019 were characterized, for federal income tax purposes, as 99.6% ordinary income and 0.4% long-term capital gain income. Dividends distributed for the year ended December 31, 2018 were characterized, for federal income tax purposes, as 100.0% ordinary income. Dividends distributed for the year ended December 31, 2017 were categorized, for federal income tax purposes, as 99.5% ordinary income and 0.5% long-term capital gain income. 
 
The following table reconciles our net income to estimated taxable income for the years ended December 31, 2019, 2018 and 2017.
(Unaudited and in thousands)
Year Ended December 31,
 
2019
 
2018
 
2017
Net income
$
60,075

 
$
32,844

 
$
80,509

Straight-line rent adjustments
2,359

 
5,870

 
4,250

Depreciation and amortization timing differences
2,751

 
(6,586
)
 
3,084

Change in fair value of marketable securities (see Note 5)
8,757

 
11,990

 

Loss from discontinued operations (see Note 6)

 
23,797

 

Other
137

 
440

 
(343
)
Estimated taxable income
$
74,079

 
$
68,355

 
$
87,500


 
As of December 31, 2019, the net basis of our assets and liabilities for tax purposes is approximately $171,331,000 lower than the amount reported for financial statement purposes.
XML 60 R16.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Discontinued Operations
12 Months Ended
Dec. 31, 2019
Discontinued Operations and Disposal Groups [Abstract]  
Discontinued Operation DISCONTINUED OPERATIONS
In 2012, we sold the Kings Plaza Regional Shopping Center (“Kings Plaza”) and paid real property transfer taxes to New York City in connection with the sale. In 2015, the New York City Department of Finance (“NYC DOF”) issued a Notice of Determination to us assessing an additional New York City real property transfer tax amount, including interest.
In 2014, in a case with similar facts, the NYC DOF issued a Notice of Determination to a Vornado joint venture assessing an additional New York City real property transfer tax amount, including interest. In January 2017, a New York City administrative law judge made a determination upholding the Vornado joint venture’s position that such additional real property transfer taxes were not due. On February 16, 2018, the New York City Tax Appeals Tribunal (the “Tribunal”) overturned the January 2017 determination. The Vornado joint venture appealed the Tribunal’s decision to the Appellate Division of the Supreme Court of the
State of New York and on April 25, 2019, the Tribunal’s decision was unanimously upheld. The Vornado joint venture filed a motion to reargue the Appellate Division’s decision or for leave to appeal to the New York State Court of Appeals. On December 12, 2019, that motion was denied and the case can no longer be appealed.
Based on the precedent of the Tribunal’s decision, we accrued an expense for the potential additional real property transfer taxes of $23,797,000 ($15,874,000 of real property transfer tax and $7,923,000 of interest) during the three months ended March 31, 2018. On April 5, 2018, we paid this amount in order to stop the interest from accruing. As the results related to Kings Plaza were previously classified as discontinued operations, we have classified the expense as “loss from discontinued operations” on our consolidated statement of income for the year ended December 31, 2018 in accordance with the provisions of ASC Topic 360, Property, Plant and Equipment. We are currently evaluating our options relating to this matter.
XML 61 R50.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Leases - Lessor Narrative (Details)
ft² in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2019
USD ($)
Sep. 30, 2019
USD ($)
Jun. 30, 2019
USD ($)
Mar. 31, 2019
USD ($)
Dec. 31, 2018
USD ($)
Sep. 30, 2018
USD ($)
Jun. 30, 2018
USD ($)
Mar. 31, 2018
USD ($)
Dec. 31, 2019
USD ($)
Dec. 31, 2018
USD ($)
Dec. 31, 2017
USD ($)
Jun. 28, 2019
ft²
Dec. 31, 2016
USD ($)
Lessor, Lease, Description [Line Items]                          
Net income $ 14,434,000 $ 16,493,000 $ 11,283,000 $ 17,865,000 $ 9,971,000 $ 15,003,000 $ 17,570,000 $ (9,700,000) $ 60,075,000 $ 32,844,000 $ 80,509,000    
Allowance for doubtful accounts 0       671,000       0 671,000 1,501,000   $ 1,473,000
Revenues $ 55,880,000 $ 57,760,000 $ 55,932,000 $ 56,778,000 $ 57,567,000 $ 59,125,000 $ 58,253,000 $ 57,880,000 $ 226,350,000 232,825,000 230,574,000    
Minimum                          
Lessor, Lease, Description [Line Items]                          
Lessor, operating lease, term (years) 5 years               5 years        
Maximum                          
Lessor, Lease, Description [Line Items]                          
Lessor, operating lease, term (years) 25 years               25 years        
The Alexander apartment tower | Minimum                          
Lessor, Lease, Description [Line Items]                          
Lessor, operating lease, term (years) 1 year               1 year        
The Alexander apartment tower | Maximum                          
Lessor, Lease, Description [Line Items]                          
Lessor, operating lease, term (years) 2 years               2 years        
Bloomberg | 731 Lexington Avenue                          
Lessor, Lease, Description [Line Items]                          
Additional area of property leased (in square feet) | ft²                       49  
Revenue Benchmark | Bloomberg | Customer Concentration Risk                          
Lessor, Lease, Description [Line Items]                          
Revenues                 $ 109,113,000 $ 107,356,000 $ 105,224,000    
Percentage rent contributed by tenant                 48.00% 46.00% 46.00%    
Accounting Standards Update 2016-02                          
Lessor, Lease, Description [Line Items]                          
Net income                 $ (209,000)        
XML 62 R54.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Leases - Future Lease Payments Under Operating Lease for Topic 842 (Details)
$ in Thousands
Dec. 31, 2019
USD ($)
Leases [Abstract]  
2020 $ 800
2021 800
2022 800
2023 800
2024 800
Thereafter 1,600
Total undiscounted cash flows 5,600
Present value discount (755)
Lease liability as of December 31, 2019 $ 4,845
XML 63 R58.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Commitments and Contingencies (Litigation and contingencies) (Details)
ft² in Thousands, $ in Thousands
1 Months Ended 12 Months Ended
Mar. 31, 2016
USD ($)
Feb. 28, 2014
fire
Dec. 31, 2021
USD ($)
Dec. 31, 2019
USD ($)
Dec. 31, 2017
USD ($)
Dec. 31, 2016
USD ($)
Dec. 31, 2018
USD ($)
Apr. 04, 2017
ft²
Dec. 31, 2001
a
Commitments And Contingencies Disclosure                  
Mortgages payable, carrying value       $ 970,961     $ 965,826    
Standby letters of credit, outstanding       $ 1,030          
Paramus, NJ | IKEA | Tenant Occupant                  
Commitments And Contingencies Disclosure                  
Area of land | a                 30.3
Debt instrument, interest rate, stated percentage       4.72%          
Triple-net rent, annual amount       $ 700          
Maturity date       Oct. 01, 2021          
Mortgages payable, carrying value       $ 68,000          
Paramus, NJ | IKEA | Forecast | Tenant Occupant                  
Commitments And Contingencies Disclosure                  
Property purchase option exercisable by lessee     $ 75,000            
Purchase option not exercised amount included in triple net rent over remainder of lease     68,000            
Purchase option exercised, net cash proceeds from sale of land     7,000            
Gain (loss) on disposition of real estate, discontinued operations     $ 60,000            
Lease term range as Lessor     20 years            
Loan amortization period     20 years            
Rego Park I | Sears                  
Commitments And Contingencies Disclosure                  
Number of fires | fire   2              
Area of property (in square feet) | ft²               195  
Property rentals         $ 10,300        
Minimum | Rego Park I | Sears                  
Commitments And Contingencies Disclosure                  
Loss contingency, damages sought, value           $ 4,000      
Estimated Future Damages | Rego Park I | Sears                  
Commitments And Contingencies Disclosure                  
Loss contingency, damages sought, value $ 650                
Estimated Future Damages | Minimum | Rego Park I | Sears                  
Commitments And Contingencies Disclosure                  
Loss contingency, damages sought, value           $ 25,000      
Estimated Future Damages | Maximum | Rego Park I | Sears                  
Commitments And Contingencies Disclosure                  
Loss contingency, estimate of possible loss       $ 650          
XML 64 R62.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Summary Of Quarterly Results (Unaudited) (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Quarterly Financial Data [Abstract]                      
Revenues $ 55,880 $ 57,760 $ 55,932 $ 56,778 $ 57,567 $ 59,125 $ 58,253 $ 57,880 $ 226,350 $ 232,825 $ 230,574
Net Income (Loss) $ 14,434 $ 16,493 $ 11,283 $ 17,865 $ 9,971 $ 15,003 $ 17,570 $ (9,700) $ 60,075 $ 32,844 $ 80,509
Net Income (Loss) Per Common Share - Basic (in dollars per share) $ 2.82 $ 3.22 $ 2.20 $ 3.49 $ 1.95 $ 2.93 $ 3.43 $ (1.90)      
Net Income (Loss) Per Common Share - Diluted (in dollars per share) $ 2.82 $ 3.22 $ 2.20 $ 3.49 $ 1.95 $ 2.93 $ 3.43 $ (1.90)      
XML 65 R49.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Leases - Allowance for Doubtful Accounts (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Accounts Receivable, Allowance for Credit Loss [Roll Forward]    
Balance at Beginning of Year $ 1,501 $ 1,473
Additions: Charged Against Operations 4,459 53
Deductions: Uncollectible Accounts Written Off (5,289) (25)
Balance at End of Year $ 671 $ 1,501
XML 66 R45.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Mortgages Payable (Outstanding mortgages payable) (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Oct. 02, 2018
Mortgage Loans on Real Estate      
Document Period End Date Dec. 31, 2019    
Deferred debt issuance costs, net of accumulated amortization of $14,362 and $9,212, respectively $ (3,875)    
Notes Payable (in US dollars) 970,961 $ 965,826  
Paramus, NJ      
Mortgage Loans on Real Estate      
Interest rate     2.90%
Mortgages      
Mortgage Loans on Real Estate      
Notes payable, gross 974,836 974,836  
Deferred debt issuance costs, net of accumulated amortization of $14,362 and $9,212, respectively (3,875) (9,010)  
Notes Payable (in US dollars) 970,961 965,826  
Deferred debt issuance costs, accumulated amortization $ 14,362 9,212  
Mortgages | Paramus, NJ      
Mortgage Loans on Real Estate      
Maturity date Oct. 01, 2021    
Interest rate 4.72%    
Notes payable, gross $ 68,000 68,000  
Mortgages | 731 Lexington Avenue | Retail space      
Mortgage Loans on Real Estate      
Maturity date Aug. 01, 2022    
Interest rate 3.10%    
Notes payable, gross $ 350,000 350,000  
Debt instrument, description of variable rate basis LIBOR    
Mortgages | 731 Lexington Avenue | Retail space | LIBOR      
Mortgage Loans on Real Estate      
Basis spread over LIBOR 1.40%    
Mortgages | 731 Lexington Avenue | Office space      
Mortgage Loans on Real Estate      
Maturity date Jun. 01, 2024    
Interest rate 2.64%    
Notes payable, gross $ 500,000 500,000  
Debt instrument, description of variable rate basis LIBOR    
Mortgages | 731 Lexington Avenue | Office space | LIBOR      
Mortgage Loans on Real Estate      
Basis spread over LIBOR 0.90%    
Mortgages | Rego Park II | Retail space      
Mortgage Loans on Real Estate      
Maturity date Dec. 01, 2025    
Interest rate 3.15%    
Notes payable, gross $ 56,836 $ 56,836  
Debt instrument, description of variable rate basis LIBOR    
Mortgages | Rego Park II | Retail space | LIBOR      
Mortgage Loans on Real Estate      
Basis spread over LIBOR 1.35%    
Participation Agreement | Rego Park II      
Mortgage Loans on Real Estate      
Loan participation balance $ 195,708    
XML 67 R41.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Related Party Transactions (Fees to Vornado) (Details) - Vornado - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Summary of fees to Vornado      
Fees to related party $ 12,630 $ 7,039 $ 8,772
Company management fees      
Summary of fees to Vornado      
Fees to related party 2,800 2,800 2,800
Development fees      
Summary of fees to Vornado      
Fees to related party 29 125 29
Leasing fees      
Summary of fees to Vornado      
Fees to related party 4,786 13 1,829
Property management, cleaning, engineering and security services      
Summary of fees to Vornado      
Fees to related party $ 5,015 $ 4,101 $ 4,114
XML 68 R20.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Stock-Based Compensation
12 Months Ended
Dec. 31, 2019
Share-based Payment Arrangement [Abstract]  
Stock-Based Compensation STOCK-BASED COMPENSATION
We account for stock-based compensation in accordance with ASC Topic 718, Compensation - Stock Compensation. Our 2016 Omnibus Stock Plan (the “Plan”) provides for grants of incentive and non-qualified stock options, restricted stock, stock appreciation rights, deferred stock units (“DSUs”) and performance shares, as defined, to the directors, officers and employees of the Company and Vornado.
On May 16, 2019, we granted each of the members of our Board of Directors 193 DSUs with a grant date fair value of $56,250 per grant, or $394,000 in the aggregate. The DSUs entitle the holders to receive shares of the Company’s common stock without the payment of any consideration. The DSUs vested immediately and accordingly, were expensed on the date of grant, but the shares of common stock underlying the DSUs are not deliverable to the grantee until the grantee is no longer serving on the Company’s Board of Directors. As of December 31, 2019, there were 11,408 DSUs outstanding and 494,379 shares were available for future grant under the Plan.
XML 69 R24.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Summary Of Quarterly Results (Unaudited)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Data [Abstract]  
Summary of Quarterly Results (Unaudited) SUMMARY OF QUARTERLY RESULTS (UNAUDITED)
 
 
 
 
 
 
Net Income (Loss) Per Common Share(1)
 
 
(Amounts in thousands, except per share amounts)
Revenues
 
Net Income (Loss)
 
Basic
 
Diluted
 
 
2019
 
 
 
 
 
 
 
 
 
December 31
$
55,880

 
$
14,434

 
$
2.82

 
$
2.82

 
 
September 30
57,760

 
16,493

 
3.22

 
3.22

 
 
June 30
55,932

 
11,283

 
2.20

 
2.20

 
 
March 31
56,778

 
17,865

 
3.49

 
3.49

 
 
 
 
 
 
 
 
 
 
 
 
2018
 
 
 
 
 
 
 
 
 
December 31
$
57,567

 
$
9,971

 
$
1.95

 
$
1.95

 
 
September 30
59,125

 
15,003

 
2.93

 
2.93

 
 
June 30
58,253

 
17,570

 
3.43

 
3.43

 
 
March 31
57,880

 
(9,700
)
(2) 
(1.90
)
(2) 
(1.90
)
(2) 
_______________________
 
 
 
 
 
 
 
 
(1)
The total for the year may differ from the sum of the quarters as a result of weighting. 
(2)
Includes $23,797, or $4.65 per common share, of expense for potential additional New York City real property transfer taxes on the 2012 sale of Kings Plaza.

XML 70 R28.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Revenue Recognition (Tables)
12 Months Ended
Dec. 31, 2019
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
The following is a summary of revenue sources for the years ended December 31, 2019, 2018 and 2017.
 
 
For the Year Ended December 31,
(Amounts in thousands)
 
2019
 
2018
 
2017
Lease revenues
 
$
217,251

 
$
223,388

 
$
220,764

Parking revenue
 
5,608

 
5,680

 
5,850

Tenant services
 
3,491

 
3,757

 
3,960

Rental revenues
 
$
226,350

 
$
232,825

 
$
230,574


Operating Lease, Lease Income
The components of lease revenues for the year ended December 31, 2019 are as follows:
(Amounts in thousands)
 
For the Year Ended December 31, 2019
Fixed lease revenues
 
$
142,679

Variable lease revenues
 
74,572

Lease revenues
 
$
217,251


XML 72 R63.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Summary Of Quarterly Results (Unaudited) (Footnotes) (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Quarterly Information [Line Items]                
Total real property tax expense               $ 23,797
Net Income (Loss) Per Common Share - Basic (in dollars per share) $ 2.82 $ 3.22 $ 2.20 $ 3.49 $ 1.95 $ 2.93 $ 3.43 $ (1.90)
Kings Plaza                
Quarterly Information [Line Items]                
Total real property tax expense               $ 23,797
Net Income (Loss) Per Common Share - Basic (in dollars per share)               $ 4.65
XML 73 R44.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Mortgages Payable (Narrative) (Details) - USD ($)
$ in Thousands
12 Months Ended
Feb. 14, 2020
Dec. 12, 2018
Dec. 31, 2019
Dec. 31, 2018
Oct. 03, 2018
Oct. 02, 2018
Debt Instrument [Line Items]            
Mortgages payable, net of deferred debt issuance costs     $ 970,961 $ 965,826    
Net carrying value of real estate collateralizing the debt     $ 573,975      
Document Period End Date     Dec. 31, 2019      
Paramus, NJ            
Debt Instrument [Line Items]            
Interest rate           2.90%
Paramus, NJ | Matures in October 2021            
Debt Instrument [Line Items]            
Mortgages payable, net of deferred debt issuance costs         $ 68,000  
Interest rate         4.72%  
Rego Park II | Matures in December 2025            
Debt Instrument [Line Items]            
Interest rate     3.15%      
Mortgages            
Debt Instrument [Line Items]            
Mortgages payable, net of deferred debt issuance costs     $ 970,961 $ 965,826    
Mortgages | Paramus, NJ            
Debt Instrument [Line Items]            
Interest rate     4.72%      
Mortgages | Retail space | Rego Park II            
Debt Instrument [Line Items]            
Interest rate     3.15%      
Mortgages | Retail space | Rego Park II | Matures in December 2025            
Debt Instrument [Line Items]            
Mortgages payable, net of deferred debt issuance costs   $ 252,544        
Loan participation balance     $ 195,708      
Mortgages payable, net of loan participation     $ 56,836      
LIBOR | Mortgages | Retail space | Rego Park II            
Debt Instrument [Line Items]            
Basis spread over LIBOR     1.35%      
LIBOR | Mortgages | Retail space | Rego Park II | Matures in December 2025            
Debt Instrument [Line Items]            
Basis spread over LIBOR   1.35%        
Subsequent Event | Rego Park II            
Debt Instrument [Line Items]            
Loan participation balance $ 50,000          
Proceeds from loan participation $ 145,000          
XML 74 R40.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Related Party Transactions (Details)
ft² in Thousands
12 Months Ended
Dec. 31, 2019
USD ($)
$ / ft²
Dec. 31, 2018
USD ($)
Jun. 30, 2018
ft²
Rego Park II | Retail space | Toys R Us/ Babies R Us      
Related Party Transaction      
Area of property (in square feet) | ft²     47
Annual revenue attributable to tenant   $ 2,600,000  
Vornado      
Related Party Transaction      
Management fee agreement value $ 2,800,000    
Vornado | Toys R Us/ Babies R Us      
Related Party Transaction      
Noncontrolling interest, ownership percentage by parent   32.50%  
Vornado | Property Management Fees | Rego Park II      
Related Party Transaction      
Property management fee, percent fee 2.00%    
Vornado | Property Management Fees | 731 Lexington Avenue      
Related Party Transaction      
Property management fee agreement price per square foot | $ / ft² 0.50    
Vornado | Property Management Fees | 731 Lexington Avenue | Common Area      
Related Party Transaction      
Property management fee agreement value $ 324,000    
Property management fee escalation percentage per annum 3.00%    
Vornado | Development fees      
Related Party Transaction      
Development fee as a percentage of development costs 6.00%    
Amounts due $ 68,000 $ 146,000  
Vornado | Leasing fees      
Related Party Transaction      
Lease fee percentage of rent one to ten years 3.00%    
Lease fee percentage of rent eleven to twenty years 2.00%    
Lease fee percentage of rent twenty first to thirty years 1.00%    
Percentage increase lease fee if broker used 1.00%    
Percentage commissions on sale of assets under fifty million 3.00%    
Asset sale commission threshold $ 50,000,000    
Percentage commissions on sale of assets over fifty million 1.00%    
Amounts due $ 563,000 13,000  
Vornado | Management, property management, cleaning and security fees      
Related Party Transaction      
Amounts due $ 795,000 $ 549,000  
Mr. Roth, Interstate, David Mandelbaum, and Russell B. Wight, Jr.      
Related Party Transaction      
Ownership percentage by noncontrolling owners 26.10%    
Alexander's Inc. | Vornado | Vornado      
Related Party Transaction      
Noncontrolling interest, ownership percentage by parent 32.40%    
Alexander's Inc. | Vornado | IP & Partners Through Vornado      
Related Party Transaction      
Noncontrolling interest, ownership percentage by parent 2.30%    
XML 75 R48.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Fair Value Measurements (Financial Assets and Liabilities Not Measured at Fair Value) (Details) - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Carrying Amount    
Assets    
Cash equivalents $ 263,688 $ 173,858
Liabilities [Abstract]    
Mortgages payable (excluding deferred debt issuance costs, net) 974,836 974,836
Level 1 | Fair Value    
Assets    
Cash equivalents 263,688 173,858
Level 2 | Fair Value    
Liabilities [Abstract]    
Mortgages payable (excluding deferred debt issuance costs, net) $ 974,000 $ 969,000
XML 76 R29.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Related Party Transactions (Tables)
12 Months Ended
Dec. 31, 2019
Related Party Transactions [Abstract]  
Summary of Fees to Vornado
The following is a summary of fees to Vornado under the various agreements discussed above.
 
Year Ended December 31,
(Amounts in thousands)
2019
 
2018
 
2017
Company management fees
$
2,800

 
$
2,800

 
$
2,800

Development fees
29

 
125

 
29

Leasing fees
4,786

 
13

 
1,829

Property management, cleaning, engineering
 
 
 
 
 
and security fees
5,015

 
4,101

 
4,114

 
$
12,630

 
$
7,039

 
$
8,772


XML 77 R21.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Commitments and Contingencies
12 Months Ended
Dec. 31, 2019
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies COMMITMENTS AND CONTINGENCIES
Insurance
We maintain general liability insurance with limits of $300,000,000 per occurrence and per property, and all-risk property and rental value insurance coverage with limits of $1.7 billion per occurrence, including coverage for acts of terrorism, with sub-limits for certain perils such as floods and earthquakes on each of our properties.
 
Fifty Ninth Street Insurance Company, LLC (“FNSIC”), our wholly owned consolidated subsidiary, acts as a direct insurer for coverage for acts of terrorism, including nuclear, biological, chemical and radiological (“NBCR”) acts, as defined by the Terrorism Risk Insurance Act of 2002, as amended to date and which has been extended through December 2027.  Coverage for acts of terrorism (including NBCR acts) is up to $1.7 billion per occurrence and in the aggregate.  Coverage for acts of terrorism (excluding NBCR acts) is fully reinsured by third party insurance companies and the Federal government with no exposure to FNSIC.  For NBCR acts, FNSIC is responsible for a $268,000 deductible and 20% of the balance of a covered loss, and the Federal government is responsible for the remaining 80% of a covered loss.  We are ultimately responsible for any loss incurred by FNSIC.
 
We continue to monitor the state of the insurance market and the scope and costs of coverage for acts of terrorism or other events.  However, we cannot anticipate what coverage will be available on commercially reasonable terms in the future.  We are responsible for uninsured losses and for deductibles and losses in excess of our insurance coverage, which could be material.
 
Our mortgage loans are non-recourse to us and contain customary covenants requiring us to maintain insurance.  Although we believe that we have adequate insurance coverage for purposes of these agreements, we may not be able to obtain an equivalent amount of coverage at reasonable costs in the future.  Further, if lenders insist on greater coverage than we are able to obtain, it could adversely affect our ability to finance or refinance our properties.

Paramus
In 2001, we leased 30.3 acres of land located in Paramus, New Jersey to IKEA Property, Inc. The lease has a purchase option in 2021 for $75,000,000. The property is encumbered by a $68,000,000 interest-only mortgage loan with a fixed rate of 4.72%, which matures in October 2021. The annual triple-net rent is the sum of $700,000 plus the amount of interest on the mortgage loan. If the purchase option is exercised, we will receive net cash proceeds of approximately $7,000,000 and recognize a gain on sale of land of approximately $60,000,000. If the purchase option is not exercised, the triple-net rent for the last 20 years would include debt service sufficient to fully amortize $68,000,000 over the remaining 20-year lease term.
ALEXANDER’S, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)

11.    COMMITMENTS AND CONTINGENCIES - continued
Rego Park I Litigation

In June 2014, Sears Roebuck and Co. (“Sears”) filed a lawsuit in the Supreme Court of the State of New York against Vornado and us (and certain of our subsidiaries) with regard to space that Sears leased at our Rego Park I property alleging that the defendants are liable for harm that Sears has suffered as a result of (a) water intrusions into the premises, (b) two fires in February 2014 that caused damages to those premises, and (c) alleged violations of the Americans with Disabilities Act in the premises’ parking garage. Sears asserted various causes of actions for damages and sought to compel compliance with landlord’s obligations to repair the premises and to provide security, and to compel us to abate a nuisance that Sears claims was a cause of the water intrusions into its premises. In addition to injunctive relief, Sears sought, among other things, damages of not less than $4,000,000 and future damages it estimated would not be less than $25,000,000. In March 2016, Sears withdrew its claim for future damages leaving a remaining claim for property damages, which we estimate to be approximately $650,000 based on information provided by Sears. We intend to defend the remaining claim vigorously. The amount or range of reasonably possible losses, if any, is not expected to be greater than $650,000.

On April 4, 2017, Sears closed its 195,000 square foot store at the property ($10,300,000 of annual revenue). On October 15, 2018, Sears filed for Chapter 11 bankruptcy relief and rejected its lease.

Letters of Credit
Approximately $1,030,000 of standby letters of credit were issued and outstanding as of December 31, 2019.
 
Other
There are various other legal actions against us in the ordinary course of business. In our opinion, the outcome of such matters in the aggregate will not have a material effect on our financial position, results of operations or cash flows.
XML 78 R25.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Schedule III: Real Estate and Accumulated Depreciation
12 Months Ended
Dec. 31, 2019
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract]  
Schedule III: Real Estate and Accumulated Depreciation
ALEXANDER’S, INC. AND SUBSIDIARIES
SCHEDULE III
REAL ESTATE AND ACCUMULATED DEPRECIATION
 
December 31, 2019
(Amounts in thousands)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
COLUMN A
COLUMN B
 
COLUMN C
 
COLUMN D
 
COLUMN E
 
COLUMN F
 
COLUMN G
 
COLUMN H
 
COLUMN I
 
 
 
 
 
 
 
Gross Amount at Which
 
 
 
 
 
 
 
Life on which Depreciation in Latest Income Statement is Computed
 
 
 
Initial Cost to Company(1)
 
Costs
Capitalized
Subsequent
to Acquisition
 
Carried at Close of Period
 
Accumulated
Depreciation
and
Amortization
 
 
 
 
 
 
 
 
 
 
Buildings
and Leasehold
Improvements
 
 
 
 
Buildings
and Leasehold
Improvements
 
Development
and
Construction
In Progress
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Date of
Construction
 
Date
Acquired(1)
 
Description
Encumbrances(2)
 
Land
 
 
 
Land
 
 
 
Total(3)
 
 
 
 
New York, NY
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Rego Park I
$

 
$
1,647

 
$
8,953

 
$
61,930

 
$
1,647

 
$
62,822

 
$
8,061

 
$
72,530

 
$
36,790

 
1959
 
1992
 
3-39 years
Rego Park II
56,836

(4) 
3,127

 
1,467

 
388,349

 
3,127

 
389,782

 
34

 
392,943

 
103,688

 
2009
 
1992
 
3-40 years
The Alexander apartment tower

 

 

 
119,112

 

 
119,112

 

 
119,112

 
17,405

 
2016
 
1992
 
3-39 years
Rego Park III

 
779

 

 
4,297

 
779

 
503

 
3,794

 
5,076

 
290

 
N/A
 
1992
 
5-15 years
Flushing

 

 
1,660

 
(107
)
 

 
1,553

 

 
1,553

 
1,087

 
1975(5)
 
1992
 
N/A
Lexington Avenue
850,000

 
14,432

 
12,355

 
411,420

 
27,497

 
410,281

 
429

 
438,207

 
165,239

 
2003
 
1992
 
9-39 years
Paramus, NJ
68,000

 
1,441

 

 
10,313

 
11,754

 

 

 
11,754

 

 
N/A
 
1992
 
N/A
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Other Properties

 
167

 
1,804

 
(1,804
)
 
167

 

 

 
167

 

 
N/A
 
1992
 
N/A
TOTAL
$
974,836

 
$
21,593

 
$
26,239

 
$
993,510

 
$
44,971

 
$
984,053

 
$
12,318

 
$
1,041,342

 
$
324,499

 
 
 
 
 
 
 
 
(1) Initial cost is as of May 15, 1992 (the date on which the Company commenced its real estate operations).
(2) Excludes deferred debt issuance costs, net of $3,875.
(3) The net basis of the Company’s assets and liabilities for tax purposes is approximately $171,331 lower than the amount reported for financial statement purposes.
(4) The amount of this loan is net of our $195,708 loan participation.
(5) Represents the date the lease was acquired.

ALEXANDER’S, INC. AND SUBSIDIARIES
SCHEDULE III
REAL ESTATE AND ACCUMULATED DEPRECIATION
(Amounts in thousands)
 
 
December 31,
 
 
2019
 
2018
 
2017
REAL ESTATE:
 
 
 
 
 
 
Balance at beginning of period
 
$
1,027,691

 
$
1,037,368

 
$
1,033,551

Changes during the period:
 
 
 
 
 
 
Land
 

 

 

Buildings and leasehold improvements
 
5,579

 
3,218

 
3,046

Development and construction in progress
 
8,072

 
695

 
771

 
 
1,041,342

 
1,041,281

 
1,037,368

Less: Fully depreciated assets
 

 
(13,590
)
 

Balance at end of period
 
$
1,041,342

 
$
1,027,691

 
$
1,037,368

 
 
 
 
 
 
 
ACCUMULATED DEPRECIATION:
 
 
 
 
 
 
Balance at beginning of period
 
$
297,421

 
$
283,044

 
$
252,737

Additions charged to operating expenses
 
27,078

 
27,967

 
30,307

 
 
324,499

 
311,011

 
283,044

Less: Fully depreciated assets
 

 
(13,590
)
 

Balance at end of period
 
$
324,499

 
$
297,421

 
$
283,044


XML 79 R34.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Summary Of Quarterly Results (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Data [Abstract]  
Summary of Quarterly Results (Unaudited)
 
 
 
 
 
 
Net Income (Loss) Per Common Share(1)
 
 
(Amounts in thousands, except per share amounts)
Revenues
 
Net Income (Loss)
 
Basic
 
Diluted
 
 
2019
 
 
 
 
 
 
 
 
 
December 31
$
55,880

 
$
14,434

 
$
2.82

 
$
2.82

 
 
September 30
57,760

 
16,493

 
3.22

 
3.22

 
 
June 30
55,932

 
11,283

 
2.20

 
2.20

 
 
March 31
56,778

 
17,865

 
3.49

 
3.49

 
 
 
 
 
 
 
 
 
 
 
 
2018
 
 
 
 
 
 
 
 
 
December 31
$
57,567

 
$
9,971

 
$
1.95

 
$
1.95

 
 
September 30
59,125

 
15,003

 
2.93

 
2.93

 
 
June 30
58,253

 
17,570

 
3.43

 
3.43

 
 
March 31
57,880

 
(9,700
)
(2) 
(1.90
)
(2) 
(1.90
)
(2) 
_______________________
 
 
 
 
 
 
 
 
(1)
The total for the year may differ from the sum of the quarters as a result of weighting. 
(2)
Includes $23,797, or $4.65 per common share, of expense for potential additional New York City real property transfer taxes on the 2012 sale of Kings Plaza.

XML 80 R30.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Mortgages Payable (Tables)
12 Months Ended
Dec. 31, 2019
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
The following is a summary of our outstanding mortgages payable. We may refinance our maturing debt as it comes due or choose to repay it.
 
 
 
 
 
 
Interest Rate at December 31, 2019
 
Balance at December 31,
(Amounts in thousands)
Maturity
 
 
2019
 
2018
First mortgages secured by:
 
 
 
 
 
 
 
 
 
Paramus
Oct. 2021
 
4.72%
 
$
68,000

 
$
68,000

 
 
731 Lexington Avenue, retail condominium(1)
Aug. 2022
 
3.10%
 
350,000

 
350,000

 
 
731 Lexington Avenue, office condominium(2)
Jun. 2024
 
2.64%
 
500,000

 
500,000

 
 
Rego Park II shopping center(3)
Dec. 2025
 
3.15%
 
56,836

 
56,836

 
 
Total
 
 
 
 
974,836

 
974,836

 
 
Deferred debt issuance costs, net of accumulated
 
 
 
 
 
 
 
 
 
amortization of $14,362 and $9,212, respectively
 
 
 
 
(3,875
)
 
(9,010
)
 
 
 
 
 
 
 
$
970,961

 
$
965,826

 
 
 
 
 
 
 
 
 
 
(1)
 
Interest at LIBOR plus 1.40%. Maturity date represents the extended maturity based on our conditional right to extend.

(2)
 
Interest at LIBOR plus 0.90%. Maturity date represents the extended maturity based on our unilateral right to extend.

(3)
 
Interest at LIBOR plus 1.35%. The amount of this loan is net of our $195,708 loan participation (see Note 2 - Summary of Significant Accounting Policies).
 
 
 

Schedule of Maturities of Long-term Debt As of December 31, 2019, the principal repayments (based on the extended loan maturity dates) for the next five years and thereafter are as follows:
 
(Amounts in thousands)
 
 
Year Ending December 31,
 
Amount
2020
 
$

2021
 
68,000

2022
 
350,000

2023
 

2024
 
500,000

Thereafter
 
56,836


XML 81 R38.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Revenue Recognition - Disaggregation of Revenue (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Disaggregation of Revenue [Line Items]                      
Lease revenues                 $ 217,251 $ 223,388 $ 220,764
Rental revenues $ 55,880 $ 57,760 $ 55,932 $ 56,778 $ 57,567 $ 59,125 $ 58,253 $ 57,880 226,350 232,825 230,574
Parking revenue                      
Disaggregation of Revenue [Line Items]                      
Revenue from contract with customer                 5,608 5,680 5,850
Tenant services                      
Disaggregation of Revenue [Line Items]                      
Revenue from contract with customer                 $ 3,491 $ 3,757 $ 3,960
XML 82 R13.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Revenue Recognition
12 Months Ended
Dec. 31, 2019
Revenue from Contract with Customer [Abstract]  
Revenue Recognition REVENUE RECOGNITION
Our rental revenues include revenues from the leasing of space to tenants at our properties and revenues from parking and tenant services. We have the following revenue recognition policies:
Lease revenues from the leasing of space to tenants at our properties. Revenues derived from base rent are recognized over the non-cancelable term of the related leases on a straight-line basis which includes the effects of rent steps and rent abatements. We commence rental revenue recognition when the underlying asset is available for use by the lessee. In addition, in circumstances where we provide a tenant improvement allowance for improvements that are owned by the tenant, we recognize the allowance as a reduction of rental revenue on a straight-line basis over the term of the lease. Revenues derived from the reimbursement of real estate taxes, insurance expenses and common area maintenance expenses are generally recognized in the same period as the related expenses are incurred. As lessor, we have elected to combine the lease components (base and variable rent), non-lease components (reimbursements of common area maintenance expenses) and reimbursement of real estate taxes and insurance expenses from our operating lease agreements and account for the components as a single lease component in accordance with ASC 842.

• Parking revenue arising from the rental of parking spaces at our properties. This income is recognized as the services are transferred in accordance with ASC Topic 606, Revenue from Contracts with Customers (“ASC 606”).

Tenant services is revenue arising from sub-metered electric, elevator and other services provided to tenants at their request. This revenue is recognized as the services are transferred in accordance with ASC 606.
The following is a summary of revenue sources for the years ended December 31, 2019, 2018 and 2017.
 
 
For the Year Ended December 31,
(Amounts in thousands)
 
2019
 
2018
 
2017
Lease revenues
 
$
217,251

 
$
223,388

 
$
220,764

Parking revenue
 
5,608

 
5,680

 
5,850

Tenant services
 
3,491

 
3,757

 
3,960

Rental revenues
 
$
226,350

 
$
232,825

 
$
230,574


The components of lease revenues for the year ended December 31, 2019 are as follows:
(Amounts in thousands)
 
For the Year Ended December 31, 2019
Fixed lease revenues
 
$
142,679

Variable lease revenues
 
74,572

Lease revenues
 
$
217,251


XML 83 R17.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Mortgages Payable
12 Months Ended
Dec. 31, 2019
Debt Disclosure [Abstract]  
Mortgages Payable MORTGAGES PAYABLE
On October 3, 2018, we extended our mortgage loan on our Paramus property. The $68,000,000 interest-only loan has a fixed rate of 4.72% and matures in October 2021. Previously the loan bore interest at a fixed rate of 2.90%. The tenant pays all of the interest on this mortgage loan as part of its rent.
On December 12, 2018, we completed a refinancing of our Rego Park II shopping center in the amount of $252,544,000. The interest-only loan is at LIBOR plus 1.35% (3.15% as of December 31, 2019) and matures in December 2025. As of December 31, 2019, we have a participation in the mortgage in the amount of $195,708,000 which for GAAP purposes is netted against the mortgage balance. Therefore, the balance sheet amount of the mortgage loan is $56,836,000. On February 14, 2020, we reduced our participation in the mortgage loan to $50,000,000 and received cash proceeds of approximately $145,000,000.
The following is a summary of our outstanding mortgages payable. We may refinance our maturing debt as it comes due or choose to repay it.
 
 
 
 
 
 
Interest Rate at December 31, 2019
 
Balance at December 31,
(Amounts in thousands)
Maturity
 
 
2019
 
2018
First mortgages secured by:
 
 
 
 
 
 
 
 
 
Paramus
Oct. 2021
 
4.72%
 
$
68,000

 
$
68,000

 
 
731 Lexington Avenue, retail condominium(1)
Aug. 2022
 
3.10%
 
350,000

 
350,000

 
 
731 Lexington Avenue, office condominium(2)
Jun. 2024
 
2.64%
 
500,000

 
500,000

 
 
Rego Park II shopping center(3)
Dec. 2025
 
3.15%
 
56,836

 
56,836

 
 
Total
 
 
 
 
974,836

 
974,836

 
 
Deferred debt issuance costs, net of accumulated
 
 
 
 
 
 
 
 
 
amortization of $14,362 and $9,212, respectively
 
 
 
 
(3,875
)
 
(9,010
)
 
 
 
 
 
 
 
$
970,961

 
$
965,826

 
 
 
 
 
 
 
 
 
 
(1)
 
Interest at LIBOR plus 1.40%. Maturity date represents the extended maturity based on our conditional right to extend.

(2)
 
Interest at LIBOR plus 0.90%. Maturity date represents the extended maturity based on our unilateral right to extend.

(3)
 
Interest at LIBOR plus 1.35%. The amount of this loan is net of our $195,708 loan participation (see Note 2 - Summary of Significant Accounting Policies).
 
 
 


All of our debt is secured by mortgages and/or pledges of the stock of the subsidiaries holding the properties.  The net carrying value of real estate collateralizing the debt amounted to $573,975,000 as of December 31, 2019.  Our existing financing documents contain covenants that limit our ability to incur additional indebtedness on these properties, and in certain circumstances, provide for lender approval of tenants’ leases and yield maintenance to prepay them. As of December 31, 2019, the principal repayments (based on the extended loan maturity dates) for the next five years and thereafter are as follows:
 
(Amounts in thousands)
 
 
Year Ending December 31,
 
Amount
2020
 
$

2021
 
68,000

2022
 
350,000

2023
 

2024
 
500,000

Thereafter
 
56,836


XML 84 R6.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Statement of Comprehensive Income [Abstract]      
Net income $ 60,075 $ 32,844 $ 80,509
Other comprehensive income (loss):      
Change in fair value of marketable securities (see Note 5) 0 0 (2,762)
Change in value of interest rate cap 78 (1) (70)
Comprehensive income $ 60,153 $ 32,843 $ 77,677
XML 85 R2.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Real estate, at cost:    
Land $ 44,971 $ 44,971
Buildings and leasehold improvements 984,053 978,474
Development and construction in progress 12,318 4,246
Total 1,041,342 1,027,691
Accumulated depreciation and amortization (324,499) (297,421)
Real estate, net 716,843 730,270
Cash and cash equivalents 298,063 283,056
Restricted cash 15,914 6,439
Marketable securities 14,409 23,166
Tenant and other receivables 6,092 4,075
Receivable arising from the straight-lining of rents 166,376 168,789
Deferred lease and other property costs, net, including unamortized leasing fees to Vornado of $32,374 and $31,039, respectively 41,123 40,669
Other assets 6,691 29,085
Assets 1,265,511 1,285,549
LIABILITIES AND EQUITY    
Mortgages payable, net of deferred debt issuance costs 970,961 965,826
Amounts due to Vornado 1,426 708
Accounts payable and accrued expenses 31,756 30,889
Other liabilities 7,853 3,034
Total liabilities 1,011,996 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 216,394 248,443
Accumulated other comprehensive loss (49) (127)
Equity before treasury stock 253,883 285,460
Treasury stock: 66,160 shares, at cost (368) (368)
Total equity 253,515 285,092
Total liabilities and equity $ 1,265,511 $ 1,285,549
XML 86 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 87 R59.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Multiemployer Benefit Plans (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Multiemployer Pension Plans      
Multiemployer Plans      
Multiemployer plan, contributions by employer $ 172 $ 161 $ 162
Multiemployer plans, period contributions, significance of contributions false false false
Multiemployer Health Plans      
Multiemployer Plans      
Multiemployer plan, contributions by employer $ 686 $ 649 $ 619
XML 88 R51.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Leases - Future Base Rental Revenue for Topic 842 (Details)
$ in Thousands
Dec. 31, 2019
USD ($)
Leases [Abstract]  
2020 $ 141,875
2021 134,877
2022 127,691
2023 129,054
2024 137,234
Thereafter $ 624,239
XML 89 R55.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Leases - Future Lease Payments Under Operating Lease for Topic 840 (Details)
$ in Thousands
Dec. 31, 2018
USD ($)
Leases [Abstract]  
2019 $ 800
2020 800
2021 800
2022 800
2023 800
Thereafter $ 2,467