Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 43,444	$ 102,413	$ 57,632
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization, including amortization of debt issuance costs	37,897	34,605	31,454
Net gain on sale of real estate	0	(53,952)	0
Straight-lining of rents	13,116	2,631	7,960
Stock-based compensation expense	450	450	450
Interest rate cap premium amortization	6,483	7,770	0
Other non-cash adjustments	494	(1,559)	(2,928)
Change in operating assets and liabilities:
Tenant and other receivables	165	(572)	1,680
Other assets	(149,445)	14,141	2,782
Amounts due to Vornado	98	(60)	40
Accounts payable and accrued expenses	(13,695)	3,263	3,141
Lease incentive liabilities	115,118	0	0
Other liabilities	(19)	(19)	338
Net cash provided by operating activities	54,106	109,111	102,549
CASH FLOWS FROM INVESTING ACTIVITIES
Construction in progress and real estate additions	(19,785)	(4,681)	(14,386)
Purchase of U.S. Treasury bills	0	0	(364,238)
Proceeds from maturities of U.S. Treasury bills	0	264,881	99,358
Proceeds from sale of real estate	0	67,821	0
Purchase of interest rate cap	0	(11,258)	0
Proceeds from interest rate cap	6,563	5,049	0
Net cash (used in) provided by investing activities	(13,222)	321,812	(279,266)
CASH FLOWS FROM FINANCING ACTIVITIES
Dividends paid	(92,378)	(92,320)	(92,264)
Debt issuance costs	(7,647)	(104)	(46)
Debt repayments	(500,000)	0	0
Proceeds from borrowings	400,000	0	0
Net cash used in financing activities	(200,025)	(92,424)	(92,310)
Net (decrease) increase in cash and cash equivalents and restricted cash	(159,141)	338,499	(269,027)
Cash and cash equivalents and restricted cash at beginning of year	552,977	214,478	483,505
Cash and cash equivalents and restricted cash at end of year	393,836	552,977	214,478
RECONCILIATION OF CASH AND CASH EQUIVALENTS AND RESTRICTED CASH
Cash and cash equivalents at beginning of year	531,855	194,933	463,539
Restricted cash at beginning of year	21,122	19,545	19,966
Cash and cash equivalents and restricted cash at beginning of year	552,977	214,478	483,505
Cash and cash equivalents at end of year	338,532	531,855	194,933
Restricted cash at end of year	55,304	21,122	19,545
Cash and cash equivalents and restricted cash at end of year	393,836	552,977	214,478
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION
Cash payments for interest (net of amounts capitalized)	59,685	53,975	25,934
NON-CASH TRANSACTIONS
Write-off of fully depreciated assets	2,242	8,097	23
Liability for real estate additions, including $346 for development fees due to Vornado in 2024	3,003	1,969	2,254
Additional estimated lease liability arising from the recognition of right-of-use asset	$ 0	$ 0	$ 16,099