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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash Flows from Operating Activities:      
Net income $ 264,128 $ 981,922 $ 859,430
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization (including amortization of deferred financing costs) 529,826 595,270 566,207
Return of capital from real estate fund investments 91,606 71,888 91,458
Distributions of income from partially owned entities 82,095 214,800 66,819
Amortization of below-market leases, net (46,790) (53,202) (79,053)
Straight-lining of rents (45,792) (146,787) (153,668)
Change in allowance for deferred tax assets 34,800 0 (90,030)
Equity in net (income) loss of partially owned entities (15,635) (165,389) 11,882
Net realized and unrealized losses (gains) on real estate fund investments 15,267 40,655 (57,752)
Net gains on sale of real estate and other (3,489) (5,074) (65,396)
Net gains on disposition of wholly owned and partially owned assets (501) (175,735) (251,821)
Net gain on extinguishment of Skyline properties debt 0 (487,877) 0
Real estate impairment losses 0 161,165 256
Other non-cash adjustments 56,480 39,406 37,721
Changes in operating assets and liabilities:      
Real estate fund investments 0 0 (95,010)
Tenant and other receivables, net 1,183 (4,271) 8,366
Prepaid assets (12,292) (7,893) (16,836)
Other assets (79,199) (76,357) (112,415)
Accounts payable and accrued expenses 3,760 13,278 (25,231)
Other liabilities (15,305) (719) (22,836)
Net cash provided by operating activities 860,142 995,080 672,091
Cash Flows from Investing Activities:      
Distributions of capital from partially owned entities 366,155 196,635 36,017
Development costs and construction in progress (355,852) (606,565) (475,819)
Additions to real estate (271,308) (387,545) (301,413)
Proceeds from the repayment of JBG SMITH Properties loan receivable 115,630 0 0
Investments in partially owned entities (40,537) (127,608) (235,439)
Acquisitions of real estate and other (30,607) (91,103) (558,484)
Proceeds from sales of real estate and related investments 9,543 183,173 786,924
Proceeds from repayments of mortgage loans receivable 659 45 16,790
Net deconsolidation of 7 West 34th Street 0 (48,000) 0
Investments in loans receivable 0 (11,700) (1,000)
Purchases of marketable securities 0 (4,379) 0
Proceeds from the sale of marketable securities 0 3,937 0
Net cash used in investing activities (206,317) (893,110) (732,424)
Cash Flows from Financing Activities:      
Proceeds from borrowings 1,055,872 2,403,898 4,468,872
Repayments of borrowings (631,681) (1,894,990) (2,936,578)
Dividends paid on common shares / Distributions to Vornado (496,490) (475,961) (474,751)
Cash and cash equivalents and restricted cash included in the spin-off of JBG SMITH Properties ($275,000 plus The Bartlett financing proceeds less transaction costs and other mortgage items) (416,237) 0 0
Proceeds from issuance of preferred shares / units 309,609 0 0
Distributions to noncontrolling interests / Distributions to redeemable security holders and noncontrolling interests in consolidated subsidiaries (109,697) (130,590) (102,866)
Dividends paid on preferred shares / Distributions to preferred unitholders (64,516) (80,137) (80,578)
Proceeds received from exercise of employee share options (Vornado stock options) and other 29,712 8,269 16,779
Debt issuance costs (12,325) (42,157) (66,554)
Debt prepayment and extinguishment costs (3,217) 0 (15,000)
Contributions from noncontrolling interests / noncontrolling interests in consolidated subsidiaries 1,044 11,950 51,975
Repurchase of shares (Class A units) related to stock compensation agreements and related tax withholdings and other (418) (186) (7,473)
Redemption of preferred shares / units 0 (246,250) 0
Cash and cash equivalents and restricted cash included in the spin-off of Urban Edge Properties 0 0 (234,967)
Net cash (used in) provided by financing activities (338,344) (446,154) 618,859
Net increase (decrease) in cash and cash equivalents and restricted cash 315,481 (344,184) 558,526
Cash and cash equivalents and restricted cash at beginning of period 1,599,331 1,943,515 1,384,989
Cash and cash equivalents and restricted cash at end of period 1,914,812 1,599,331 1,943,515
Reconciliation of Cash and Cash Equivalents and Restricted Cash:      
Cash and cash equivalents at beginning of period 1,501,027 1,835,707 1,198,477
Restricted cash at beginning of period 95,032 99,943 168,447
Restricted cash included in discontinued operations at beginning of period 3,272 7,865 18,065
Cash and cash equivalents and restricted cash at beginning of period 1,599,331 1,943,515 1,384,989
Cash and cash equivalents at end of period 1,817,655 1,501,027 1,835,707
Restricted cash at end of period 97,157 95,032 99,943
Restricted cash included in discontinued operations at end of period 0 3,272 7,865
Cash and cash equivalents and restricted cash at end of period 1,914,812 1,599,331 1,943,515
Supplemental Disclosure of Cash Flow Information:      
Cash payments for interest, excluding capitalized interest of $43,071, $29,584 and $48,539 338,983 368,762 376,620
Cash payments for income taxes 6,727 9,716 8,287
Non-cash distribution to JBG SMITH and Urban Edge Properties:      
Reclassification of Series G and Series I cumulative redeemable preferred shares / units to liabilities upon call for redemption 455,514 0 0
Adjustments to carry redeemable Class A units at redemption value 268,494 (26,251) 192,464
Loan receivable established upon the spin-off of JBG SMITH Properties 115,630 0 0
Accrued capital expenditures included in accounts payable and accrued expenses 102,976 120,564 122,711
Write-off of fully depreciated assets (58,810) (305,679) (167,250)
(Reduction) increase in unrealized net gain on available-for-sale securities (20,951) 52,057 (55,326)
Decrease in assets and liabilities resulting from the disposition or deconsolidation of real estate properties:      
Real estate, net 0 (122,047) 0
Mortgages payable, net 0 (290,418) 0
Transfer of interest in real estate to Pennsylvania Real Estate Investment Trust 0 0 (145,313)
Class A units issued in connection with acquisition 0 0 80,000
Financing assumed in acquisition 0 0 62,000
JBGS      
Cash Flows from Financing Activities:      
Cash and cash equivalents and restricted cash included in the spin-off of JBG SMITH Properties ($275,000 plus The Bartlett financing proceeds less transaction costs and other mortgage items) (275,000)    
Non-cash distribution to JBG SMITH and Urban Edge Properties:      
Assets 3,432,738 0 0
Liabilities (1,414,186) 0 0
Equity (2,018,552) 0 0
Vornado Realty L.P.      
Cash Flows from Operating Activities:      
Net income 264,128 981,922 859,430
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization (including amortization of deferred financing costs) 529,826 595,270 566,207
Return of capital from real estate fund investments 91,606 71,888 91,458
Distributions of income from partially owned entities 82,095 214,800 66,819
Amortization of below-market leases, net (46,790) (53,202) (79,053)
Straight-lining of rents (45,792) (146,787) (153,668)
Change in allowance for deferred tax assets 34,800 0 (90,030)
Equity in net (income) loss of partially owned entities (15,635) (165,389) 11,882
Net realized and unrealized losses (gains) on real estate fund investments 15,267 40,655 (57,752)
Net gains on sale of real estate and other (3,489) (5,074) (65,396)
Net gains on disposition of wholly owned and partially owned assets (501) (175,735) (251,821)
Net gain on extinguishment of Skyline properties debt 0 (487,877) 0
Real estate impairment losses 0 161,165 256
Other non-cash adjustments 56,480 39,406 37,721
Changes in operating assets and liabilities:      
Real estate fund investments 0 0 (95,010)
Tenant and other receivables, net 1,183 (4,271) 8,366
Prepaid assets (12,292) (7,893) (16,836)
Other assets (79,199) (76,357) (112,415)
Accounts payable and accrued expenses 3,760 13,278 (25,231)
Other liabilities (15,305) (719) (22,836)
Net cash provided by operating activities 860,142 995,080 672,091
Cash Flows from Investing Activities:      
Distributions of capital from partially owned entities 366,155 196,635 36,017
Development costs and construction in progress (355,852) (606,565) (475,819)
Additions to real estate (271,308) (387,545) (301,413)
Proceeds from the repayment of JBG SMITH Properties loan receivable 115,630 0 0
Investments in partially owned entities (40,537) (127,608) (235,439)
Acquisitions of real estate and other (30,607) (91,103) (558,484)
Proceeds from sales of real estate and related investments 9,543 183,173 786,924
Proceeds from repayments of mortgage loans receivable 659 45 16,790
Net deconsolidation of 7 West 34th Street 0 (48,000) 0
Investments in loans receivable 0 (11,700) (1,000)
Purchases of marketable securities 0 (4,379) 0
Proceeds from the sale of marketable securities 0 3,937 0
Net cash used in investing activities (206,317) (893,110) (732,424)
Cash Flows from Financing Activities:      
Proceeds from borrowings 1,055,872 2,403,898 4,468,872
Repayments of borrowings (631,681) (1,894,990) (2,936,578)
Dividends paid on common shares / Distributions to Vornado (496,490) (475,961) (474,751)
Cash and cash equivalents and restricted cash included in the spin-off of JBG SMITH Properties ($275,000 plus The Bartlett financing proceeds less transaction costs and other mortgage items) (416,237) 0 0
Proceeds from issuance of preferred shares / units 309,609 0 0
Distributions to noncontrolling interests / Distributions to redeemable security holders and noncontrolling interests in consolidated subsidiaries (109,697) (130,590) (102,866)
Dividends paid on preferred shares / Distributions to preferred unitholders (64,516) (80,137) (80,578)
Proceeds received from exercise of employee share options (Vornado stock options) and other 29,712 8,269 16,779
Debt issuance costs (12,325) (42,157) (66,554)
Debt prepayment and extinguishment costs (3,217) 0 (15,000)
Contributions from noncontrolling interests / noncontrolling interests in consolidated subsidiaries 1,044 11,950 51,975
Repurchase of shares (Class A units) related to stock compensation agreements and related tax withholdings and other (418) (186) (7,473)
Redemption of preferred shares / units 0 (246,250) 0
Cash and cash equivalents and restricted cash included in the spin-off of Urban Edge Properties 0 0 (234,967)
Net cash (used in) provided by financing activities (338,344) (446,154) 618,859
Net increase (decrease) in cash and cash equivalents and restricted cash 315,481 (344,184) 558,526
Cash and cash equivalents and restricted cash at beginning of period 1,599,331 1,943,515 1,384,989
Cash and cash equivalents and restricted cash at end of period 1,914,812 1,599,331 1,943,515
Reconciliation of Cash and Cash Equivalents and Restricted Cash:      
Cash and cash equivalents at beginning of period 1,501,027 1,835,707 1,198,477
Restricted cash at beginning of period 95,032 99,943 168,447
Restricted cash included in discontinued operations at beginning of period 3,272 7,865 18,065
Cash and cash equivalents and restricted cash at beginning of period 1,599,331 1,943,515 1,384,989
Cash and cash equivalents at end of period 1,817,655 1,501,027 1,835,707
Restricted cash at end of period 97,157 95,032 99,943
Restricted cash included in discontinued operations at end of period 0 3,272 7,865
Cash and cash equivalents and restricted cash at end of period 1,914,812 1,599,331 1,943,515
Supplemental Disclosure of Cash Flow Information:      
Cash payments for interest, excluding capitalized interest of $43,071, $29,584 and $48,539 338,983 368,762 376,620
Cash payments for income taxes 6,727 9,716 8,287
Non-cash distribution to JBG SMITH and Urban Edge Properties:      
Reclassification of Series G and Series I cumulative redeemable preferred shares / units to liabilities upon call for redemption 455,514 0 0
Adjustments to carry redeemable Class A units at redemption value 268,494 (26,251) 192,464
Loan receivable established upon the spin-off of JBG SMITH Properties 115,630 0 0
Accrued capital expenditures included in accounts payable and accrued expenses 102,976 120,564 122,711
Write-off of fully depreciated assets (58,810) (305,679) (167,250)
(Reduction) increase in unrealized net gain on available-for-sale securities (20,951) 52,057 (55,326)
Decrease in assets and liabilities resulting from the disposition or deconsolidation of real estate properties:      
Real estate, net 0 (122,047) 0
Mortgages payable, net 0 (290,418) 0
Transfer of interest in real estate to Pennsylvania Real Estate Investment Trust 0 0 (145,313)
Class A units issued in connection with acquisition 0 0 80,000
Financing assumed in acquisition 0 0 62,000
Vornado Realty L.P. | JBGS      
Cash Flows from Financing Activities:      
Cash and cash equivalents and restricted cash included in the spin-off of JBG SMITH Properties ($275,000 plus The Bartlett financing proceeds less transaction costs and other mortgage items) (275,000)    
Non-cash distribution to JBG SMITH and Urban Edge Properties:      
Assets 3,432,738 0 0
Liabilities (1,414,186) 0 0
Equity (2,018,552) 0 0
Skyline Properties      
Decrease in assets and liabilities resulting from the disposition or deconsolidation of real estate properties:      
Real estate, net 0 (189,284) 0
Mortgages payable, net 0 (690,263) 0
Skyline Properties | Vornado Realty L.P.      
Decrease in assets and liabilities resulting from the disposition or deconsolidation of real estate properties:      
Real estate, net 0 (189,284) 0
Mortgages payable, net 0 (690,263) 0
Urban Edge Properties      
Non-cash distribution to JBG SMITH and Urban Edge Properties:      
Assets 0 0 1,699,289
Liabilities 0 0 (1,469,659)
Equity 0 0 (229,630)
Urban Edge Properties | Vornado Realty L.P.      
Non-cash distribution to JBG SMITH and Urban Edge Properties:      
Assets 0 0 1,699,289
Liabilities 0 0 (1,469,659)
Equity $ 0 $ 0 $ (229,630)