Investments in Partially Owned Entities (Tables)

12 Months Ended

Dec. 31, 2013

Schedule Of Equity Method Investments [Line Items]

Equity Method Investment Summarized Financial Information [Table Text Block]

(Amounts in thousands)				Balance as of December 31,
Balance Sheet:				2013		2012
	Assets⁽¹⁾			$	21,773,000	$	122,692,000
	Liabilities⁽¹⁾				17,982,000		117,064,000
	Noncontrolling interests				96,000		88,000
	Equity				3,695,000		5,540,000

		For the Year Ended December 31,
Income Statement:		2013		2012		2011
	Total revenue	$	14,092,000	$	15,119,000	$	15,321,000
	Net income⁽²⁾		(368,000)		1,091,000		199,000


(1)	2012 includes $97 billion of assets and liabilities of LNR related to consolidated CMBS and CDO trusts which were non-recourse to LNR and its equity holders, including us.

(2)	2012 includes a $600,000 net gain on sale of real estate.

Equity Method Investments [Table Text Block]

			Percentage
(Amounts in thousands)			Ownership at	As of December 31,
Investments:			December 31, 2013	2013		2012
	Toys		32.6%	$	83,224	$	478,041

	Alexander’s		32.4%	$	167,785	$	171,013
	Lexington (see page 110 for details)		n/a		-		75,542
	LNR (see page 113 for details)		n/a		-		224,724
	India real estate ventures		4.1%-36.5%		88,467		95,516
	Partially owned office buildings⁽¹⁾		Various		621,294		446,933
	Other investments⁽²⁾		Various		288,897		212,528
				$	1,166,443	$	1,226,256
______________________________________________________

(1)		Includes interests in 280 Park Avenue, 650 Madison Avenue, One Park Avenue, 666 Fifth Avenue (Office), 330 Madison Avenue and others.
(2)		Includes interests in Independence Plaza, Monmouth Mall, 85 10th Avenue, Fashion Center Mall, 50-70 West 93rd Street and others.

				Percentage
(Amounts in thousands)				Ownership at		For the Year Ended December 31,
Our Share of Net Income (Loss):				December 31, 2013		2013		2012		2011
	Toys:
		Equity in net (loss) income			32.6%	$	(128,919)	$	45,267	$	39,592
		Non-cash impairment losses (see page 111 for details)					(240,757)		(40,000)		-
		Management fees					7,299		9,592		8,948
						$	(362,377)	$	14,859	$	48,540

	Alexander's:
		Equity in net income			32.4%	$	17,721	$	24,709	$	25,013
		Management, leasing and development fees					6,681		13,748		7,417
		Gain on sale of real estate					-		179,934		-
							24,402		218,391		32,430

	Lexington (see page 110 for details):
		Equity in net loss			n/a		(979)		(23)		(1,409)
		Net gain resulting from Lexington's stock issuance and asset acquisition					-		28,763		9,760
							(979)		28,740		8,351

	LNR (see page 113 for details):
		Equity in net income			n/a		42,186		66,270		31,409
		Impairment loss					(27,231)		-		-
		Net gain on sale					3,776		-		-
		Income tax benefit, assets sales and tax settlement gains					-		-		27,377
							18,731		66,270		58,786

	India real estate ventures:
		Equity in net loss			4.1%-36.5%		(3,533)		(5,008)		(1,087)
		Impairment loss					-		-		(13,794)
							(3,533)		(5,008)		(14,881)

	Partially owned office buildings⁽¹⁾				Various		(4,212)		(3,770)		(22,270)

	Other investments⁽²⁾				Various		(10,817)		103,644		7,656

						$	23,592	$	408,267	$	70,072
______________________________________________________

(1)			Includes interests in 280 Park Avenue, 650 Madison Avenue, One Park Avenue, 666 Fifth Avenue (Office), 330 Madison Avenue and others.
(2)			Includes interests in Independence Plaza, Monmouth Mall, 85 10th Avenue, Fashion Center Mall, 50-70 West 93rd Street and others.

Schedule of debt of partially owned entities [Table Text Block]


		Below is a summary of the debt of our partially owned entities as of December 31, 2013 and 2012, none of which is recourse to us.

			Percentage		Interest
			Ownership at		Rate at	100% Partially Owned Entities’
(Amounts in thousands)			December 31,		December 31,	Debt at December 31,
			2013	Maturity	2013	2013		2012
Toys:
	Notes, loans and mortgages payable		32.6%	2014-2021	6.56%	$	5,702,247	$	5,683,733

Alexander's:
	Mortgages payable		32.4%	2014-2018	3.83%	$	1,049,959	$	1,065,916

Lexington (see page 110 for details):
	Mortgages payable		n/a	n/a	n/a	$	-	$	1,994,179

LNR (see page 113 for details):
	Mortgages payable		n/a	n/a	n/a	$	-	$	309,787
	Liabilities of consolidated CMBS and CDO trusts			n/a	n/a		-		97,211,734
						$	-	$	97,521,521

Partially owned office buildings⁽¹⁾^:
	Mortgages payable		Various	2014-2023	5.74%	$	3,622,759	$	2,731,893

India Real Estate Ventures:
	TCG Urban Infrastructure Holdings mortgages
		payable	25.0%	2014-2022	13.50%	$	199,021	$	236,579

Other⁽²⁾^:
	Mortgages payable		Various	2014-2023	4.56%	$	1,709,509	$	1,150,543


(1)		Includes 666 Fifth Avenue (Office), 650 Madison Avenue, 280 Park Avenue, One Park Avenue, 330 Madison Avenue and others.
(2)		Includes Independence Plaza, Monmouth Mall, Fashion Center Mall, 50-70 West 93rd Street and others.

Toys R Us [Member]

Schedule Of Equity Method Investments [Line Items]

Equity Method Investment Summarized Financial Information [Table Text Block]

(Amounts in thousands)					Balance as of
Balance Sheet:					November 2, 2013		October 27, 2012
	Assets				$	11,756,000	$	12,953,000
	Liabilities					10,437,000		11,190,000
	Noncontrolling interests					75,000		44,000
	Toys “R” Us, Inc. equity⁽¹⁾					1,244,000		1,719,000

			For the Twelve Months Ended
Income Statement:			November 2, 2013		October 27, 2012		October 29, 2011
	Total revenues		$	13,046,000	$	13,698,000	$	13,956,000
	Net (loss) income attributable to Toys			(396,000)		138,000		121,000


(1)		As of December 31, 2013, the carrying amount of our investment in Toys is less than our share of Toys' equity by approximately $322,255,000. This basis difference results primarily from non-cash impairment losses aggregating $280,757,000 that we recognized in 2013 and 2012. We have allocated the basis difference to Toys' real estate (which will be amortized over its estimated useful life), and intangible assets, primarily trade names and trademarks (which is not being amortized and will be recognized upon disposition of our investment).

Alexanders Inc [Member]

Schedule Of Equity Method Investments [Line Items]

Equity Method Investment Summarized Financial Information [Table Text Block]

(Amounts in thousands)				Balance as of December 31,
Balance Sheet:				2013		2012
	Assets			$	1,458,000	$	1,482,000
	Liabilities				1,124,000		1,150,000
	Stockholders' equity				334,000		332,000

		For the Year Ended December 31,
Income Statement:		2013		2012		2011
	Total revenues	$	196,000	$	191,000	$	185,000
	Net income attributable to Alexander’s ⁽¹⁾		57,000		674,000		79,000


(1)	2012 includes a $600,000 net gain on sale of real estate.

LNR [Member]

Schedule Of Equity Method Investments [Line Items]

Equity Method Investment Summarized Financial Information [Table Text Block]

The following table summarizes the activity related to our investment in LNR by quarter for the year ended December 31, 2013.

			For the Three Months Ended				For the Year Ended
	(Amounts in thousands)		March 31, 2013		June 30, 2013		December 31, 2013
		Balance at beginning of period	$	224,724	$	241,377	$	224,724
		Equity in earnings of LNR		45,962		(3,776)		42,186
		Other comprehensive loss		(2,078)		(903)		(2,981)
		Balance before impairment loss		268,608		236,698		263,929
		Other-than-temporary impairment loss		(27,231)		-		(27,231)
		Net gain on sale		-		3,776		3,776
		Net sales proceeds		-		(240,474)		(240,474)
		Balance at end of period	$	241,377	$	-	$	-

Below is a summary of LNR’s financial information as of December 31, 2012 and through the date of sale:

	(Amounts in thousands)				Balance as of September 30,
	Balance Sheet:				2013		2012
		Assets⁽¹⁾			$	-	$	98,530,000
		Liabilities⁽¹⁾				-		97,643,000
		Noncontrolling interests				-		8,000
		LNR Property Corporation equity				-		879,000

			For the period ended
			October 1, 2012		For the Twelve Months Ended September 30,
	Income Statement:		to April 19, 2013		2012		2011
		Total revenues	$	122,222	$	238,000	$	208,000
		Net income attributable to LNR		94,949		266,000		224,000


	(1)	Includes $97 billion of assets and liabilities of LNR related to consolidated CMBS and CDO trusts which were non-recourse to LNR and its equity holders, including us.

Independance Plaza [Member]

Schedule Of Equity Method Investments [Line Items]

Schedule Of Purchase Price Allocation Table [Text Block]

(Amounts in thousands)
Land	$	602,662
Building and improvements		252,844
Acquired above-market leases (included in identified intangible assets)		13,115
Acquired in-place leases (included in identified intangible assets)		67,879
Other assets		7,374
Acquired below-market leases (included in deferred revenue)		(99,074)
Purchase price	$	844,800

- Definition

Tabular disclosure of equity method investments in common stock. The disclosure may include: (a) the name of each investee or group of investments for which combined disclosure is appropriate, (2) the percentage ownership of common stock, (3) the difference, if any, between the carrying amount of an investment and the value of the underlying equity in the net assets and the accounting treatment of difference, if any, and (4) the aggregate value of each identified investment based on its quoted market price, if available.

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