SEC Schedule III Real Estate and Accumulated Depreciation

12 Months Ended

Dec. 31, 2016

Real Estate and Accumulated Depreciation Disclosure [Abstract]

Schedule III Real Estate and Accumulated Depreciation

VORNADO REALTY TRUST AND VORNADO REALTY L.P.
SCHEDULE III
REAL ESTATE AND ACCUMULATED DEPRECIATION
(Amounts in thousands)
COLUMN A				COLUMN B			COLUMN C				COLUMN D		COLUMN E						COLUMN F	COLUMN G	COLUMN H		COLUMN I
													Gross amount at which										Life on which
						Initial cost to company (1)							carried at close of period										depreciation
											Costs							Accumulated					in latest
								Building			capitalized			Buildings				depreciation					income
								and			subsequent			and				and		Date of		Date	statement
				Encumbrances (2)		Land		improvements			to acquisition		Land	improvements		Total (3)		amortization		construction (4)		acquired	is computed
	New York
		Manhattan
			1290 Avenue of the Americas	$	950,000	$	515,539	$	923,653	$	218,275	$	515,539	$	1,141,928	$	1,657,467	$	267,734	1963		2007	(5)
			697-703 Fifth Avenue (St. Regis - retail)		450,000		152,825		584,230		15		152,825		584,245		737,070		31,803			2014	(5)
			350 Park Avenue		400,000		265,889		363,381		47,355		265,889		410,736		676,625		106,513	1960		2006	(5)
			666 Fifth Avenue (Retail Condo)		390,000		189,005		471,072		-		189,005		471,072		660,077		49,040			2012	(5)
			One Penn Plaza		-		-		412,169		213,425		-		625,594		625,594		274,984	1972		1998	(5)
			100 West 33rd Street		398,402		242,776		247,970		33,439		242,776		281,409		524,185		70,106	1911		2007	(5)
			1535 Broadway (Marriott Marquis)		-		-		249,285		146,879		-		396,164		396,164		14,979			2012	(5)
			150 West 34th Street		205,000		119,657		268,509		-		119,657		268,509		388,166		10,628	1900		2015	(5)
			1540 Broadway		-		105,914		214,208		28,549		105,914		242,757		348,671		48,294			2006	(5)
			655 Fifth Avenue		140,000		102,594		231,903		-		102,594		231,903		334,497		18,993			2013	(5)
			Two Penn Plaza		575,000		53,615		164,903		104,657		52,689		270,486		323,175		145,896	1968		1997	(5)
			90 Park Avenue		-		8,000		175,890		133,922		8,000		309,812		317,812		104,063	1964		1997	(5)
			Manhattan Mall		181,598		88,595		113,473		71,543		88,595		185,016		273,611		54,431	2009		2007	(5)
			770 Broadway		700,000		52,898		95,686		105,109		52,898		200,795		253,693		81,596	1907		1998	(5)
			888 Seventh Avenue		375,000		-		117,269		127,369		-		244,638		244,638		108,194	1980		1998	(5)
			Eleven Penn Plaza		450,000		40,333		85,259		90,093		40,333		175,352		215,685		68,628	1923		1997	(5)
			640 Fifth Avenue		-		38,224		25,992		149,668		38,224		175,660		213,884		44,685	1950		1997	(5)
			909 Third Avenue		350,000		-		120,723		89,018		-		209,741		209,741		83,782	1969		1999	(5)
			150 East 58th Street		-		39,303		80,216		42,252		39,303		122,468		161,771		53,983	1969		1998	(5)
			595 Madison Avenue		-		62,731		62,888		26,913		62,731		89,801		152,532		35,028	1968		1999	(5)
			330 West 34th Street		-		-		8,599		136,606		-		145,205		145,205		13,616	1925		1998	(5)
			828-850 Madison Avenue		80,000		107,937		28,261		10		107,937		28,271		136,208		8,245			2005	(5)
			33-00 Northern Boulevard		60,782		46,505		86,226		2,000		46,505		88,226		134,731		4,990	1915		2015	(5)
			715 Lexington Avenue		-		-		26,903		63,244		63,000		27,147		90,147		7,933	1923		2001	(5)
			478-486 Broadway		-		30,000		20,063		34,188		30,000		54,251		84,251		11,003	2009		2007	(5)
			4 Union Square South		116,022		24,079		55,220		2,632		24,079		57,852		81,931		17,928	1965/2004		1993	(5)
			260 Eleventh Avenue		-		-		80,482		591		-		81,073		81,073		3,207	1911		2015	(5)
			510 Fifth Avenue		-		34,602		18,728		20,064		34,602		38,792		73,394		7,129			2010	(5)
			606 Broadway		25,768		-		54,399		5,587		-		59,986		59,986		-			2016	(5)
			40 Fulton Street		-		15,732		26,388		15,628		15,732		42,016		57,748		18,691	1987		1998	(5)
			689 Fifth Avenue		-		19,721		13,446		23,094		19,721		36,540		56,261		10,521	1925		1998	(5)
			443 Broadway		-		11,187		41,186		-		11,187		41,186		52,373		3,736			2013	(5)
			40 East 66th Street		-		13,616		34,635		142		13,616		34,777		48,393		9,630			2005	(5)

VORNADO REALTY TRUST AND VORNADO REALTY L.P.
SCHEDULE III
REAL ESTATE AND ACCUMULATED DEPRECIATION
(Amounts in thousands)
COLUMN A						COLUMN B		COLUMN C				COLUMN D		COLUMN E						COLUMN F	COLUMN G	COLUMN H	COLUMN I
														Gross amount at which									Life on which
							Initial cost to company (1)							carried at close of period									depreciation
												Costs							Accumulated				in latest
									Building			capitalized			Buildings				depreciation				income
									and			subsequent			and				and		Date of	Date	statement
Description					Encumbrances (2)		Land		improvements			to acquisition		Land	improvements		Total (3)		amortization		construction (4)	acquired	is computed
	New York - continued
		Manhattan - continued
			155 Spring Street		$	-	$	13,700	$	30,544	$	3,578	$	13,700	$	34,122	$	47,822	$	8,470		2007	(5)
			435 Seventh Avenue			97,706		19,893		19,091		37		19,893		19,128		39,021		6,934	2002	1997	(5)
			3040 M Street			-		7,830		27,490		3,517		7,830		31,007		38,837		8,942		2006	(5)
			608 Fifth Avenue			-		-		-		36,499		-		36,499		36,499		6,051	1932	2012	(5)
			692 Broadway			-		6,053		22,908		3,540		6,053		26,448		32,501		7,658		2005	(5)
			131-135 West 33rd Street			-		8,315		21,312		24		8,315		21,336		29,651		323		2016	(5)
			265 West 34th Street			-		28,500		-		-		28,500		-		28,500		-	1920	2015	(5)
			304 Canal Street			-		3,511		12,905		8,184		-		24,600		24,600		-	1910	2014	(5)
			677-679 Madison Avenue			-		13,070		9,640		388		13,070		10,028		23,098		2,657		2006	(5)
			1131 Third Avenue			-		7,844		7,844		5,236		7,844		13,080		20,924		1,076		1997	(5)
			486 Eighth Avenue			-		20,000		71		-		20,000		71		20,071		-	1928	2016	(5)
			431 Seventh Avenue			-		16,700		2,751		-		16,700		2,751		19,451		671		2007	(5)
			138-142 West 32nd Street			-		9,252		9,936		-		9,252		9,936		19,188		476	1920	2015	(5)
			334 Canal Street			-		1,693		6,507		7,300		1,693		13,807		15,500		565		2011	(5)
			267 West 34th Street			-		5,099		10,037		-		5,099		10,037		15,136		800		2013	(5)
			1540 Broadway Garage			-		4,086		8,914		-		4,086		8,914		13,000		2,364	1990	2006	(5)
			966 Third Avenue			-		8,869		3,631		-		8,869		3,631		12,500		303		2013	(5)
			148 Spring Street			-		3,200		8,112		416		3,200		8,528		11,728		1,848		2008	(5)
			150 Spring Street			-		3,200		5,822		277		3,200		6,099		9,299		1,338		2008	(5)
			137 West 33rd Street			-		6,398		1,550		-		6,398		1,550		7,948		68	1932	2015	(5)
			488 Eighth Avenue			-		10,650		1,767		(4,674)		6,859		884		7,743		200		2007	(5)
			484 Eighth Avenue			-		3,856		762		399		3,856		1,161		5,017		385		1997	(5)
			825 Seventh Avenue			-		1,483		697		33		1,483		730		2,213		361		1997	(5)
			Other (Including Signage)			-		75,862		14,829		110,071		75,865		124,897		200,762		25,377
				Total Manhattan		5,945,278		2,660,341		5,730,335		2,107,092		2,715,116		7,782,652		10,497,768		1,866,856
		Other Properties
			Hotel Pennsylvania			-		29,903		121,712		95,273		29,903		216,985		246,888		103,008	1919	1997	(5)
			Paramus			-		-		-		25,942		1,033		24,909		25,942		14,073	1967	1987	(5)
				Total Other Properties		-		29,903		121,712		121,215		30,936		241,894		272,830		117,081
	Total New York					5,945,278		2,690,244		5,852,047		2,228,307		2,746,052		8,024,546		10,770,598		1,983,937

VORNADO REALTY TRUST AND VORNADO REALTY L.P.
SCHEDULE III
REAL ESTATE AND ACCUMULATED DEPRECIATION
(Amounts in thousands)
COLUMN A					COLUMN B		COLUMN C				COLUMN D		COLUMN E						COLUMN F	COLUMN G	COLUMN H	COLUMN I
													Gross amount at which									Life on which
						Initial cost to company (1)							carried at close of period									depreciation
											Costs							Accumulated				in latest
								Building			capitalized			Buildings				depreciation				income
								and			subsequent			and				and		Date of	Date	statement
Description				Encumbrances (2)		Land		improvements			to acquisition		Land	improvements		Total (3)		amortization		construction (4)	acquired	is computed
	Washington, DC
		2011-2451 Crystal Drive - 5 buildings		$	216,629	$	100,935	$	409,920	$	162,507	$	100,228	$	573,134	$	673,362	$	228,973	1984-1989	2002	(5)
		S. Clark Street/12th Street - 5 buildings			53,708		63,420		231,267		130,043		63,291		361,439		424,730		112,593	1981, 1983-1987	2002	(5)
		2001 Jefferson Davis Highway,			68,426		57,213		131,206		216,730		57,070		348,079		405,149		77,331	1964-1969	2002	(5)
			2100/2200 Crystal Drive, 223 23rd
			Street, 2221 South Clark Street, Crystal
			City Shops at 2100, 220 20th Street
		1550-1750 Crystal Drive/			37,307		64,817		218,330		96,244		64,652		314,739		379,391		111,549	1974-1980	2002	(5)
			241-251 18th Street - 4 buildings
		RiverHouse Apartments - 3 buildings			307,710		118,421		125,078		76,671		138,851		181,319		320,170		47,192		2007	(5)
		The Bartlett			-		41,687		-		216,844		41,687		216,844		258,531		3,664		2007	(5)
		1825 - 1875 Connecticut Ave NW -			185,000		69,393		143,320		19,063		68,612		163,164		231,776		44,146	1956, 1963	2007
			(Universal Buildings) - 2 buildings
		WestEnd 25			100,841		67,049		5,039		107,638		68,198		111,528		179,726		20,143		2007	(5)
		2101 L Street, NW			143,415		32,815		51,642		83,064		39,768		127,753		167,521		36,447	1975	2003	(5)
		2200/2300 Clarendon Blvd			11,000		-		105,475		53,505		-		158,980		158,980		62,247	1988-1989	2002	(5)
			(Courthouse Plaza) - 2 buildings
		1800, 1851 and 1901 South Bell Street			-		37,551		118,806		356		37,551		119,162		156,713		39,446	1968	2002	(5)
			- 3 buildings
		875 15th Street, NW (Bowen Building)			-		30,077		98,962		5,443		30,176		104,306		134,482		29,760	2004	2005	(5)
		1399 New York Avenue, NW			-		33,481		67,363		7,075		34,178		73,741		107,919		10,715	-	2011	(5)
		Commerce Executive - 3 buildings			-		13,401		58,705		29,414		13,140		88,380		101,520		32,027	1985-1989	2002	(5)
		Met Park/Warehouses			-		65,259		1,326		26,309		82,898		9,996		92,894		28		2007	(5)
		H Street - North 10-1D Land Parcel			-		104,473		55		(32,808)		61,970		9,750		71,720		-		2007	(5)
		Crystal City Hotel			-		8,000		47,191		11,659		8,000		58,850		66,850		18,059	1968	2004	(5)
		1730 M Street, NW			14,853		10,095		17,541		15,521		10,687		32,470		43,157		12,094	1963	2002	(5)
		Democracy Plaza One			-		-		33,628		5,954		-		39,582		39,582		20,252	1987	2002	(5)
		Crystal Drive Retail			-		-		20,465		5,806		-		26,271		26,271		11,069	2004	2004	(5)
		1109 South Capitol Street			-		11,541		178		(253)		11,597		(131)		11,466		-		2007	(5)
		South Capitol			-		4,009		6,273		(1,865)		-		8,417		8,417		306		2005	(5)
		1726 M Street, NW			-		9,450		22,062		(30,660)		-		852		852		-	1964	2006	(5)
		1700 M Street			28,728		23,359		24,876		(48,231)		-		4		4		-	1970	2002	(5)
		Other			-		1,763		52,408		14,134		1,763		66,542		68,305		1,104
	Total Washington, DC				1,167,617		968,209		1,991,116		1,170,163		934,317		3,195,171		4,129,488		919,145

VORNADO REALTY TRUST AND VORNADO REALTY L.P.
SCHEDULE III
REAL ESTATE AND ACCUMULATED DEPRECIATION
(Amounts in thousands)
COLUMN A						COLUMN B		COLUMN C				COLUMN D		COLUMN E						COLUMN F	COLUMN G	COLUMN H	COLUMN I
														Gross amount at which									Life on which
							Initial cost to company (1)							carried at close of period									depreciation
												Costs							Accumulated				in latest
									Building			capitalized			Buildings				depreciation				income
									and			subsequent			and				and		Date of	Date	statement
Description					Encumbrances (2)		Land		improvements			to acquisition		Land	improvements		Total (3)		amortization		construction (4)	acquired	is computed
	Other
		theMART
		Illinois
			theMART, Chicago		$	675,000	$	64,528	$	319,146	$	368,328	$	64,535	$	687,467	$	752,002	$	259,808	1930	1998	(5)
			527 West Kinzie, Chicago			-		5,166		-		25		5,166		25		5,191		-		1998
				Total Illinois		675,000		69,694		319,146		368,353		69,701		687,492		757,193		259,808
		New York
			MMPI Piers			-		-		-		14,663		-		14,663		14,663		1,916		2008	(5)
				Total theMART		675,000		69,694		319,146		383,016		69,701		702,155		771,856		261,724
			555 California Street			579,795		221,903		893,324		117,729		221,903		1,011,053		1,232,956		243,944	1922/1969/1970	2007	(5)
			220 Central Park South			950,000		115,720		16,420		987,158		-		1,119,298		1,119,298		-		2005	(5)
			Borgata Land, Atlantic City, NJ			56,607		83,089		-		-		83,089		-		83,089		-		2010	(5)
			Wayne Towne Center			-		-		26,137		51,253		-		77,390		77,390		12,158		2010	(5)
			40 East 66th Residential			-		29,199		85,798		(93,222)		8,454		13,321		21,775		3,402		2005	(5)
			Annapolis			-		-		9,652		-		-		9,652		9,652		3,458		2005	(5)
			677-679 Madison			-		1,462		1,058		284		1,626		1,178		2,804		400		2006	(5)
			Other			-		-		3,766		726		-		4,492		4,492		972		2005	(5)
	Total Other					2,261,402		521,067		1,355,301		1,446,944		384,773		2,938,539		3,323,312		526,058
	Leasehold Improvements
		Equipment and Other				-		-		-		116,560		-		116,560		116,560		84,434
	Total December 31, 2016				$	9,374,297	$	4,179,520	$	9,198,464	$	4,961,974	$	4,065,142	$	14,274,816	$	18,339,958	$	3,513,574
(1)		Initial cost is cost as of January 30, 1982 (the date on which we commenced real estate operations) unless acquired subsequent to that date see Column H.
(2)		Represents the contractual debt obligations.
(3)		The net basis of our assets and liabilities for tax reporting purposes is approximately $3.7 billion lower than the amount reported for financial statement purposes.
(4)		Date of original construction –– many properties have had substantial renovation or additional construction –– see Column D.
(5)		Depreciation of the buildings and improvements are calculated over lives ranging from the life of the lease to forty years.

VORNADO REALTY TRUST AND VORNADO REALTY L.P.
SCHEDULE III
REAL ESTATE AND ACCUMULATED DEPRECIATION
(AMOUNTS IN THOUSANDS)
	The following is a reconciliation of real estate assets and accumulated depreciation:
				Year Ended December 31,
				2016		2015		2014
	Real Estate
		Balance at beginning of period		$	18,090,137	$	16,822,358	$	15,392,968
		Additions during the period:
			Land		30,805		281,048		225,536
			Buildings & improvements		1,074,259		1,288,136		1,348,153
					19,195,201		18,391,542		16,966,657
		Less: Assets sold, written-off and deconsolidated			855,243		301,405		144,299
		Balance at end of period		$	18,339,958	$	18,090,137	$	16,822,358
	Accumulated Depreciation
		Balance at beginning of period		$	3,418,267	$	3,161,633	$	2,829,862
		Additions charged to operating expenses			478,788		459,612		461,689
					3,897,055		3,621,245		3,291,551
		Less: Accumulated depreciation on assets sold, written-off and deconsolidated			383,481		202,978		129,918
		Balance at end of period		$	3,513,574	$	3,418,267	$	3,161,633