Income Per Share (Tables)

12 Months Ended

Dec. 31, 2011

Income Per Share Tables [Abstract]

Schedule Of Earnings Per Share Basic And Diluted [Text Block]

(Amounts in thousands, except per share amounts)			Year Ended December 31,
			2011		2010		2009
Numerator:
	Income from continuing operations, net of income attributable to noncontrolling interests		$	525,584	$	655,053	$	59,655
	Income (loss) from discontinued operations, net of income attributable to noncontrolling
		interests		136,718		(7,170)		46,514
	Net income attributable to Vornado			662,302		647,883		106,169
	Preferred share dividends			(65,531)		(55,534)		(57,076)
	Discount on preferred share and unit redemptions			5,000		4,382		-
	Net income attributable to common shareholders			601,771		596,731		49,093
	Earnings allocated to unvested participating securities			(221)		(120)		(184)
	Numerator for basic income per share			601,550		596,611		48,909
	Impact of assumed conversions:
		Convertible preferred share dividends		124		160		-
	Numerator for diluted income per share		$	601,674	$	596,771	$	48,909
Denominator:
	Denominator for basic income per share –
		weighted average shares		184,308		182,340		171,595
	Effect of dilutive securities (1):
		Employee stock options and restricted share awards		1,658		1,748		1,908
		Convertible preferred shares		55		71		-
	Denominator for diluted income per share –
		weighted average shares and assumed conversions		186,021		184,159		173,503
INCOME PER COMMON SHARE – BASIC:
	Income from continuing operations, net		$	2.52	$	3.31	$	0.01
	Income (loss) from discontinued operations, net			0.74		(0.04)		0.27
	Net income per common share		$	3.26	$	3.27	$	0.28
INCOME PER COMMON SHARE – DILUTED:
	Income from continuing operations, net		$	2.50	$	3.28	$	0.01
	Income (loss) from discontinued operations, net			0.73		(0.04)		0.27
	Net income per common share		$	3.23	$	3.24	$	0.28
(1)		The effect of dilutive securities in the years ended December 31, 2011, 2010 and 2009 excludes an aggregate of 18,896, 19,684 and 21,276 weighted average common share equivalents, respectively, as their effect was anti-dilutive.