Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2025	Sep. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 24,400	$ 31,167
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization, including amortization of debt issuance costs	28,709	28,470
Straight-lining of rents	2,105	11,880
Interest rate cap premium amortization	470	6,213
Stock-based compensation expense	394	450
Other non-cash adjustments	6,529	(1,664)
Change in operating assets and liabilities:
Tenant and other receivables	771	529
Other assets	(19,271)	(161,750)
Amounts due to Vornado	(497)	36
Accounts payable and accrued expenses	7,925	(5,639)
Lease incentive liabilities	(1,500)	113,618
Other liabilities	(15)	(14)
Net cash provided by operating activities	50,020	23,296
CASH FLOWS FROM INVESTING ACTIVITIES
Construction in progress and real estate additions	(18,986)	(9,836)
Proceeds from interest rate cap	0	6,563
Net cash used in investing activities	(18,986)	(3,273)
CASH FLOWS FROM FINANCING ACTIVITIES
Dividends paid	(69,314)	(69,277)
Debt repayments	(3,189)	(500,000)
Proceeds from borrowing	0	400,000
Debt issuance costs	(109)	(6,547)
Net cash used in financing activities	(72,612)	(175,824)
Net decrease in cash and cash equivalents and restricted cash	(41,578)	(155,801)
Cash and cash equivalents and restricted cash at beginning of period	393,836	552,977
Cash and cash equivalents and restricted cash at end of period	352,258	397,176
RECONCILIATION OF CASH AND CASH EQUIVALENTS AND RESTRICTED CASH
Cash and cash equivalents at beginning of period	338,532	531,855
Restricted cash at beginning of period	55,304	21,122
Cash and cash equivalents and restricted cash at beginning of period	393,836	552,977
Cash and cash equivalents at end of period	286,142	354,817
Restricted cash at end of period	66,116	42,359
Cash and cash equivalents and restricted cash at end of period	352,258	397,176
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION
Cash payments for interest	34,052	51,426
NON-CASH TRANSACTIONS
Liability for real estate additions, including $182 and $192, respectively for development fees due to Vornado	1,157	6,143
Write-off of fully depreciated assets	$ 0	$ 1,760