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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Real estate, at cost:    
Land $ 44,804 $ 44,971
Buildings and leasehold improvements 1,011,211 1,014,311
Development and construction in progress 16,065 11,761
Total 1,072,080 1,071,043
Accumulated depreciation and amortization (358,005) (350,122)
Real estate, net 714,075 720,921
Cash and cash equivalents 447,687 428,710
Restricted cash 21,369 21,167
Marketable securities 10,304 6,024
Tenant and other receivables 7,562 8,116
Receivable arising from the straight-lining of rents 140,255 145,274
Deferred leasing costs, net, including unamortized leasing fees to Vornado of $25,601 and $27,851, respectively 33,733 36,524
Other assets 54,059 37,402
Total assets 1,429,044 1,404,138
LIABILITIES AND EQUITY    
Mortgages payable, net of deferred debt issuance costs 1,156,886 1,156,170
Amounts due to Vornado 755 1,516
Accounts payable and accrued expenses 58,711 35,342
Other liabilities 6,887 7,882
Total liabilities 1,223,239 1,200,910
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 33,415 32,965
Retained earnings 163,845 166,165
Accumulated other comprehensive income (loss) 3,740 (707)
Equity before treasury stock 206,173 203,596
Treasury stock: 66,160 shares, at cost (368) (368)
Total equity 205,805 203,228
Total liabilities and equity $ 1,429,044 $ 1,404,138