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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
REVENUES        
Rental revenues $ 53,673 $ 49,824 $ 106,614 $ 99,039
EXPENSES        
Operating, including fees to Vornado of $1,684, $1,536, $3,223 and $2,914, respectively (24,818) (21,372) (49,762) (42,914)
Depreciation and amortization (8,081) (7,413) (15,559) (14,764)
General and administrative, including management fees to Vornado of $610, $610, $1,220 and $1,220, respectively (1,906) (1,916) (3,265) (3,385)
Total expenses (34,805) (30,701) (68,586) (61,063)
Interest and other income 4,523 1,173 8,842 1,267
Interest and debt expense (13,196) (5,482) (25,449) (9,897)
Net gain on sale of real estate 53,952 0 53,952 0
Net income $ 64,147 $ 14,814 $ 75,373 $ 29,346
Net income per common share - basic (in usd per share) $ 12.51 $ 2.89 $ 14.70 $ 5.73
Net income per common share - diluted (in usd per share) $ 12.51 $ 2.89 $ 14.70 $ 5.73
Weighted average shares outstanding - basic (in shares) 5,128,823 5,125,710 5,127,959 5,125,098
Weighted average shares outstanding - diluted (in shares) 5,128,823 5,125,710 5,127,959 5,125,098