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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Real estate, at cost:    
Land $ 4,065,142 $ 4,164,799
Buildings and improvements 12,727,980 12,582,671
Development costs and construction in progress 1,430,276 1,226,637
Leasehold improvements and equipment 116,560 116,030
Total 18,339,958 18,090,137
Less accumulated depreciation and amortization (3,513,574) (3,418,267)
Real estate, net 14,826,384 14,671,870
Cash and cash equivalents 1,501,027 1,835,707
Restricted cash 98,295 107,799
Marketable securities 203,704 150,997
Tenant and other receivables, net of allowance for doubtful accounts of $10,920 and $11,908 94,467 98,062
Investments in partially owned entities 1,428,019 1,550,422
Real estate fund investments 462,132 574,761
Receivable arising from the straight-lining of rents, net of allowance of $2,227 and $2,751 1,032,736 931,245
Deferred leasing costs, net of accumulated amortization of $228,862 and $218,239 454,345 480,421
Identified intangible assets, net of accumulated amortization of $207,330 and $187,360 192,731 227,901
Assets related to discontinued operations 5,570 37,020
Other assets 515,437 477,088
Assets 20,814,847 21,143,293
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS / PARTNERSHIP UNITS AND EQUITY    
Mortgages payable, net 9,278,263 9,513,713
Senior unsecured notes, net 845,577 844,159
Unsecured revolving credit facilities 115,630 550,000
Unsecured term loan, net 372,215 183,138
Accounts payable and accrued expenses 458,694 443,955
Deferred revenue 287,846 346,119
Deferred compensation plan 121,374 117,475
Liabilities related to discontinued operations 2,870 12,470
Other liabilities 435,436 426,965
Total liabilities 11,917,905 12,437,994
Commitments and contingencies
Redeemable noncontrolling interests / partnership units:    
Class A units - 12,197,162 and 12,242,820 units outstanding 1,273,018 1,223,793
Series D cumulative redeemable preferred units - 177,101 units outstanding 5,428 5,428
Total redeemable noncontrolling interests / partnership units 1,278,446 1,229,221
Equity:    
Preferred shares of beneficial interest: no par value per share; authorized 110,000,000 shares; issued and outstanding 42,824,829 and 52,676,629 shares 1,038,055 1,276,954
Common shares of beneficial interest: $.04 par value per share; authorized 250,000,000 shares; issued and outstanding 189,100,876 and 188,576,853 shares 7,542 7,521
Additional capital 7,153,332 7,132,979
Earnings less than distributions (1,419,382) (1,766,780)
Accumulated other comprehensive income 118,972 46,921
Total Vornado and Vornado Realty L.P. shareholders' equity 6,898,519 6,697,595
Noncontrolling interests in consolidated subsidiaries 719,977 778,483
Total equity 7,618,496 7,476,078
Total liabilities, redeemable noncontrolling interests / partnership units and equity 20,814,847 21,143,293
Vornado Realty L.P.    
Real estate, at cost:    
Land 4,065,142 4,164,799
Buildings and improvements 12,727,980 12,582,671
Development costs and construction in progress 1,430,276 1,226,637
Leasehold improvements and equipment 116,560 116,030
Total 18,339,958 18,090,137
Less accumulated depreciation and amortization (3,513,574) (3,418,267)
Real estate, net 14,826,384 14,671,870
Cash and cash equivalents 1,501,027 1,835,707
Restricted cash 98,295 107,799
Marketable securities 203,704 150,997
Tenant and other receivables, net of allowance for doubtful accounts of $10,920 and $11,908 94,467 98,062
Investments in partially owned entities 1,428,019 1,550,422
Real estate fund investments 462,132 574,761
Receivable arising from the straight-lining of rents, net of allowance of $2,227 and $2,751 1,032,736 931,245
Deferred leasing costs, net of accumulated amortization of $228,862 and $218,239 454,345 480,421
Identified intangible assets, net of accumulated amortization of $207,330 and $187,360 192,731 227,901
Assets related to discontinued operations 5,570 37,020
Other assets 515,437 477,088
Assets 20,814,847 21,143,293
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS / PARTNERSHIP UNITS AND EQUITY    
Mortgages payable, net 9,278,263 9,513,713
Senior unsecured notes, net 845,577 844,159
Unsecured revolving credit facilities 115,630 550,000
Unsecured term loan, net 372,215 183,138
Accounts payable and accrued expenses 458,694 443,955
Deferred revenue 287,846 346,119
Deferred compensation plan 121,374 117,475
Liabilities related to discontinued operations 2,870 12,470
Other liabilities 435,436 426,965
Total liabilities 11,917,905 12,437,994
Commitments and contingencies
Redeemable noncontrolling interests / partnership units:    
Class A units - 12,197,162 and 12,242,820 units outstanding 1,273,018 1,223,793
Series D cumulative redeemable preferred units - 177,101 units outstanding 5,428 5,428
Total redeemable noncontrolling interests / partnership units 1,278,446 1,229,221
Equity:    
Partner's capital 8,198,929 8,417,454
Earnings less than distributions (1,419,382) (1,766,780)
Accumulated other comprehensive income 118,972 46,921
Total Vornado and Vornado Realty L.P. shareholders' equity 6,898,519 6,697,595
Noncontrolling interests in consolidated subsidiaries 719,977 778,483
Total equity 7,618,496 7,476,078
Total liabilities, redeemable noncontrolling interests / partnership units and equity $ 20,814,847 $ 21,143,293