CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Real estate, at cost:
Land	$ 32,271	$ 32,271
Buildings and leasehold improvements	1,033,488	1,034,068
Development and construction in progress	4,279	281
Total	1,070,038	1,066,620
Accumulated depreciation and amortization	(429,426)	(415,903)
Real estate, net	640,612	650,717
Cash and cash equivalents	410,948	531,855
Restricted cash	113,429	21,122
Tenant and other receivables	4,603	6,076
Receivable arising from the straight-lining of rents	113,790	124,866
Deferred leasing costs, net, including unamortized leasing fees to Vornado of $22,877 and $19,540, respectively	166,439	24,888
Other assets	30,929	44,156
Total assets	1,480,750	1,403,680
LIABILITIES AND EQUITY
Mortgages payable, net of deferred debt issuance costs	1,082,012	1,092,551
Accounts payable and accrued expenses	50,778	51,750
Lease incentive liability	113,618	0
Total liabilities	1,268,230	1,166,023
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	34,765	34,315
Retained earnings	160,649	182,336
Accumulated other comprehensive income	12,301	16,201
Equity before treasury stock	212,888	238,025
Treasury stock: 66,160 shares, at cost	(368)	(368)
Total equity	212,520	237,657
Total liabilities and equity	1,480,750	1,403,680
Related Party
LIABILITIES AND EQUITY
Amounts due to Vornado	623	715
Other liabilities	623	715
Nonrelated Party
LIABILITIES AND EQUITY
Amounts due to Vornado	21,199	21,007
Other liabilities	$ 21,199	$ 21,007