XML 112 R44.htm IDEA: XBRL DOCUMENT v3.6.0.2
Shareholders' Equity (Tables)
12 Months Ended
Dec. 31, 2016
Schedule Of Preferred Units
(Amounts in thousands, except share/unit andPerAnnual
per share/per unit amounts)Balance as ofShares/Units Outstanding atShare/UnitDividend/
December 31,December 31,LiquidationDistribution
Preferred Shares/Units2016201520162015PreferenceRate(1)
Convertible Preferred:
6.5% Series A: authorized 83,977 shares/units(2)$1,264$1,32124,82926,629$50.00$3.25
Cumulative Redeemable Preferred:
6.625% Series G: authorized 8,000,000 shares/units(3)193,135193,1358,000,0008,000,000$25.00$1.65625
6.625% Series I: authorized 10,800,000 shares/units(3)262,379262,37910,800,00010,800,000$25.00$1.65625
6.875% Series J: authorized 9,850,000 shares/units-238,842-9,850,000n/an/a
5.70% Series K: authorized 12,000,000 shares/units(3)290,971290,97112,000,00012,000,000$25.00$1.425
5.40% Series L: authorized 12,000,000 shares/units(3)290,306290,30612,000,00012,000,000$25.00$1.35
$1,038,055$1,276,95442,824,82952,676,629
(1)Dividends on preferred shares and distributions on preferred units are cumulative and are payable quarterly in arrears.
(2)Redeemable at the option of Vornado under certain circumstances, at a redemption price of 1.5934 common shares/Class A units per Series A Preferred Share/Unit plus accrued and unpaid dividends/distributions through the date of redemption, or convertible at any time at the option of the holder for 1.5934 common shares/Class A units per Series A Preferred Share/Unit.
(3)Redeemable at Vornado's option at a redemption price of $25.00 per share/unit, plus accrued and unpaid dividends/distributions through the date of redemption.
Schedule of Accumulated Other Comprehensive Income (Loss)
(Amounts in thousands)For the Year Ended December 31, 2016
SecuritiesPro rata share ofInterest
available-nonconsolidatedrate
Totalfor-salesubsidiaries' OCIswapOther
Balance as of December 31, 2015$46,921$78,448$(9,319)$(19,368)$(2,840)
Net current period OCI72,05152,057(2,739)27,434(4,701)
Balance as of December 31, 2016$118,972$130,505$(12,058)$8,066$(7,541)