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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Real estate, at cost:    
Land $ 3,143,648 $ 3,130,825
Buildings and improvements 9,898,605 9,684,144
Development costs and construction in progress 1,615,101 1,278,941
Leasehold improvements and equipment 98,941 93,910
Total 14,756,295 14,187,820
Less accumulated depreciation and amortization (2,885,283) (2,581,514)
Real estate, net 11,871,012 11,606,306
Cash and cash equivalents 1,817,655 1,501,027
Restricted cash 97,157 95,032
Marketable securities 182,752 203,704
Tenant and other receivables, net of allowance for doubtful accounts of $5,526 and $6,708 58,700 61,069
Investments in partially owned entities 1,056,829 1,378,254
Real estate fund investments 354,804 462,132
Receivable arising from the straight-lining of rents, net of allowance of $954 and $1,913 926,711 885,167
Deferred leasing costs, net of accumulated amortization of $191,827 and $170,952 403,492 354,997
Identified intangible assets, net of accumulated amortization of $150,837 and $194,422 159,260 189,668
Assets related to discontinued operations 1,357 3,568,613
Other assets 468,205 508,878
Assets 17,397,934 20,814,847
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY    
Mortgages payable, net 8,137,139 8,113,248
Senior unsecured notes, net 843,614 845,577
Unsecured term loan, net 748,734 372,215
Unsecured revolving credit facilities 0 115,630
Accounts payable and accrued expenses 415,794 397,134
Deferred revenue 227,069 276,276
Deferred compensation plan 109,177 121,183
Liabilities related to discontinued operations 3,620 1,259,443
Preferred shares/units to be redeemed on January 4 and 11, 2018 455,514 0
Other liabilities 464,635 417,199
Total liabilities 11,405,296 11,917,905
Commitments and contingencies
Redeemable noncontrolling interests / partnership units:    
Class A units - 12,528,899 and 12,197,162 units outstanding 979,509 1,273,018
Series D cumulative redeemable preferred units - 177,101 units outstanding 5,428 5,428
Total redeemable noncontrolling interests 984,937 1,278,446
Vornado's shareholders' equity:    
Preferred shares of beneficial interest: no par value per share; authorized 110,000,000 shares; issued and outstanding 36,799,573 and 42,824,829 shares 891,988 1,038,055
Common shares of beneficial interest: $0.04 par value per share; authorized 250,000,000 shares; issued and outstanding 189,983,858 and 189,100,876 shares 7,577 7,542
Additional capital 7,492,658 7,153,332
Earnings less than distributions (4,183,253) (1,419,382)
Accumulated other comprehensive income 128,682 118,972
Total Vornado and Vornado Realty L.P. shareholders' equity 4,337,652 6,898,519
Noncontrolling interests in consolidated subsidiaries 670,049 719,977
Total equity 5,007,701 7,618,496
Total liabilities, redeemable noncontrolling interests / partnership units and equity 17,397,934 20,814,847
Vornado Realty L.P.    
Real estate, at cost:    
Land 3,143,648 3,130,825
Buildings and improvements 9,898,605 9,684,144
Development costs and construction in progress 1,615,101 1,278,941
Leasehold improvements and equipment 98,941 93,910
Total 14,756,295 14,187,820
Less accumulated depreciation and amortization (2,885,283) (2,581,514)
Real estate, net 11,871,012 11,606,306
Cash and cash equivalents 1,817,655 1,501,027
Restricted cash 97,157 95,032
Marketable securities 182,752 203,704
Tenant and other receivables, net of allowance for doubtful accounts of $5,526 and $6,708 58,700 61,069
Investments in partially owned entities 1,056,829 1,378,254
Real estate fund investments 354,804 462,132
Receivable arising from the straight-lining of rents, net of allowance of $954 and $1,913 926,711 885,167
Deferred leasing costs, net of accumulated amortization of $191,827 and $170,952 403,492 354,997
Identified intangible assets, net of accumulated amortization of $150,837 and $194,422 159,260 189,668
Assets related to discontinued operations 1,357 3,568,613
Other assets 468,205 508,878
Assets 17,397,934 20,814,847
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY    
Mortgages payable, net 8,137,139 8,113,248
Senior unsecured notes, net 843,614 845,577
Unsecured term loan, net 748,734 372,215
Unsecured revolving credit facilities 0 115,630
Accounts payable and accrued expenses 415,794 397,134
Deferred revenue 227,069 276,276
Deferred compensation plan 109,177 121,183
Liabilities related to discontinued operations 3,620 1,259,443
Preferred shares/units to be redeemed on January 4 and 11, 2018 455,514 0
Other liabilities 464,635 417,199
Total liabilities 11,405,296 11,917,905
Commitments and contingencies
Redeemable noncontrolling interests / partnership units:    
Class A units - 12,528,899 and 12,197,162 units outstanding 979,509 1,273,018
Series D cumulative redeemable preferred units - 177,101 units outstanding 5,428 5,428
Total redeemable noncontrolling interests 984,937 1,278,446
Vornado's shareholders' equity:    
Partners' capital 8,392,223 8,198,929
Earnings less than distributions (4,183,253) (1,419,382)
Accumulated other comprehensive income 128,682 118,972
Total Vornado and Vornado Realty L.P. shareholders' equity 4,337,652 6,898,519
Noncontrolling interests in consolidated subsidiaries 670,049 719,977
Total equity 5,007,701 7,618,496
Total liabilities, redeemable noncontrolling interests / partnership units and equity $ 17,397,934 $ 20,814,847