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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
REVENUES    
Rental revenues $ 56,153 $ 54,110
EXPENSES    
Operating, including fees to Vornado of $1,560 and $1,383, respectively (23,800) (21,753)
Depreciation and amortization (8,542) (7,909)
General and administrative, including management fees to Vornado of $595 in each period (1,543) (1,451)
Total expenses (33,885) (31,113)
Interest and other income, net 172 1,543
Interest and debt expense (5,140) (8,573)
Change in fair value of marketable securities 582 (11,395)
Net income $ 17,882 $ 4,572
Net income per common share - basic and diluted (in usd per share) $ 3.49 $ 0.89
Weighted average shares outstanding - basic and diluted (in shares) 5,122,206 5,118,698