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Real Estate Fund Investments (Tables)
6 Months Ended
Jun. 30, 2018
Real Estate Fund Investments [Abstract]  
Schedule Of Income And Loss From The Fund
Below is a summary of income (loss) from the Fund and the Crowne Plaza Joint Venture for the three and six months ended June 30, 2018 and 2017.
(Amounts in thousands)
For the Three Months Ended
June 30,
 
For the Six Months Ended
June 30,
 
2018
 
2017
 
2018
 
2017
Net investment income
$
539

 
$
3,646

 
$
3,273

 
$
10,860

Net unrealized (loss) gain on held investments
(29,513
)
 
745

 
(29,513
)
 
(6,442
)
Net realized (loss) gain on exited investments
(2
)
 

 
(913
)
 
241

Transfer Tax

 

 
(10,630
)
 

(Loss) income from real estate fund investments
(28,976
)
 
4,391

 
(37,783
)
 
4,659

Less loss (income) attributable to noncontrolling interests in consolidated subsidiaries
29,527

 
(4,695
)
 
34,896

 
(8,198
)
Income (loss) from real estate fund investments attributable to the Operating Partnership (six months ended June 30, 2018 includes $4,252 of loss related to One Park Avenue potential additional transfer taxes and reduction in carried interest) (1)
551

 
(304
)
 
(2,887
)
 
(3,539
)
Less (income) loss attributable to noncontrolling interests in the Operating Partnership
(34
)
 
19

 
178

 
221

Income (loss) from real estate fund investments attributable to Vornado
$
517

 
$
(285
)
 
$
(2,709
)
 
$
(3,318
)
____________________
(1)
Excludes management and leasing fees of $1,104 and $1,381 for the three months ended June 30, 2018 and 2017, respectively, and $1,906 and $2,381 for the six months ended June 30, 2018 and 2017, respectively, which are included as a component of "fee and other income" on our consolidated statements of income.