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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
REVENUES    
Rental revenues $ 54,915 $ 61,397
EXPENSES    
Operating, including fees to Vornado of $1,592 and $1,759, respectively (25,564) (25,263)
Depreciation and amortization (8,599) (9,477)
General and administrative, including management fees to Vornado of $610 in each period (1,591) (1,476)
Total expenses (35,754) (36,216)
Interest and other income 3,945 7,162
Interest and debt expense (10,794) (16,234)
Net income $ 12,312 $ 16,109
Net income per common share - basic (in usd per share) $ 2.40 $ 3.14
Net income per common share - diluted (in usd per share) $ 2.40 $ 3.14
Weighted average shares outstanding - basic (in shares) 5,133,534 5,130,678
Weighted average shares outstanding - diluted (in shares) 5,133,534 5,130,678