Real Estate Fund Investments (Tables)

6 Months Ended

Jun. 30, 2017

Real Estate Fund Investments [Abstract]

Schedule Of Income And Loss From The Fund

Below is a summary of income from the Fund and the Crowne Plaza Joint Venture for the three and six months endedJune 30, 2017 and 2016.

(Amounts in thousands)		For the Three Months Ended				For the Six Months Ended
		June 30,				June 30,
		2017		2016		2017		2016
Net investment income		$	3,646	$	1,723	$	10,860	$	6,396
Net realized gain on exited investments			-		-		241		14,676
Previously recorded unrealized gain on exited investment			-		-		-		(14,254)
Net unrealized gain (loss) on held investments			745		14,666		(6,442)		20,855
Income from real estate fund investments(1)			4,391		16,389		4,659		27,673
Less income attributable to noncontrolling interests
	in consolidated subsidiaries		(4,695)		(8,845)		(8,198)		(14,818)
(Loss) income from real estate fund investments attributable to
	the Operating Partnership		(304)		7,544		(3,539)		12,855
Less loss (income) attributable to noncontrolling interests
	in the Operating Partnership		19		(465)		221		(794)
(Loss) income from real estate fund investments attributable to
	Vornado	$	(285)	$	7,079	$	(3,318)	$	12,061
(1)	Excludes $1,381 and $935 of management and leasing fees for the three months ended June 30, 2017 and 2016, respectively, and $2,381 and $1,695 for the six months ended June 30, 2017 and 2016, respectively, which are included as a component of "fee and other income" on our consolidated statements of income.