XML 43 R31.htm IDEA: XBRL DOCUMENT v3.5.0.2
Real Estate Fund Investments (Tables)
6 Months Ended
Jun. 30, 2016
Real Estate Fund Investments [Abstract]  
Schedule Of Income And Loss From The Fund [Table Text Block]

Below is a summary of income from the Fund and the Co-Investment for the three and six months ended June 30, 2016 and 2015.

(Amounts in thousands)For the Three Months EndedFor the Six Months Ended
June 30,June 30,
2016 20152016 2015
Net investment income$1,723$2,150$6,396$8,600
Net realized gains on exited investments-88614,67625,591
Previously recorded unrealized gain on exited investment--(14,254)(23,279)
Net unrealized gains on held investments14,66623,33220,85539,545
Income from real estate fund investments16,38926,36827,67350,457
Less income attributable to noncontrolling interests(8,845)(15,872)(14,818)(29,411)
Income from real estate fund investments attributable to Vornado (1)$7,544$10,496$12,855$21,046
(1)Excludes management, leasing and development fees of $935 and $633 for the three months ended June 30, 2016 and 2015, respectively, and $1,695 and $1,337 for the six months ended June 30, 2016 and 2015, respectively, which are included as a component of "fee and other income" in our consolidated statements of income.