Income Per Share (Tables)

9 Months Ended

Sep. 30, 2012

Income Per Share Tables [Abstract]

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

			For the Three Months				For the Nine Months
(Amounts in thousands, except per share amounts)			Ended September 30,				Ended September 30,
			2012		2011		2012		2011
Numerator:
	Income from continuing operations, net of income
		attributable to noncontrolling interests	$	93,433	$	45,553	$	303,755	$	418,163
	Income from discontinued operations, net of income
		attributable to noncontrolling interests		147,873		8,209		227,370		156,843
	Net income attributable to Vornado			241,306		53,762		531,125		575,006
	Preferred share dividends			(20,613)		(17,627)		(56,187)		(47,743)
	Discount on preferred unit redemptions			11,700		5,000		11,700		5,000
	Net income attributable to common shareholders			232,393		41,135		486,638		532,263
	Earnings allocated to unvested participating securities			(71)		(48)		(149)		(199)
	Numerator for basic income per share			232,322		41,087		486,489		532,064
	Impact of assumed conversions:
		Convertible preferred share dividends		28		-		85		94
	Numerator for diluted income per share		$	232,350	$	41,087	$	486,574	$	532,158
Denominator:
	Denominator for basic income per share –
		weighted average shares		185,924		184,398		185,656		184,220
	Effect of dilutive securities(1):
		Employee stock options and restricted share awards		681		1,667		693		1,764
		Convertible preferred shares		50		-		50		55
	Denominator for diluted income per share –
		weighted average shares and assumed conversions		186,655		186,065		186,399		186,039
INCOME PER COMMON SHARE – BASIC:
	Income from continuing operations, net		$	0.45	$	0.18	$	1.40	$	2.04
	Income from discontinued operations, net			0.80		0.04		1.22		0.85
	Net income per common share		$	1.25	$	0.22	$	2.62	$	2.89
INCOME PER COMMON SHARE – DILUTED:
	Income from continuing operations, net		$	0.45	$	0.18	$	1.39	$	2.02
	Income from discontinued operations, net			0.79		0.04		1.22		0.84
	Net income per common share		$	1.24	$	0.22	$	2.61	$	2.86
(1)		The effect of dilutive securities above excludes anti-dilutive weighted average common share equivalent of 12,652 and 18,857 in the three months ended September 30, 2012 and 2011, respectively, and 15,048 and 18,687 in the nine months ended September 30, 2012 and 2011, respectively.