Consolidated Statements of Income (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
REVENUES:
Property rentals	$ 444,595	$ 428,643	$ 884,705	$ 843,535
Tenant expense reimbursements	58,312	51,657	118,622	110,690
Fee and other income	38,911	30,787	74,928	64,920
Total revenues	541,818	511,087	1,078,255	1,019,145
EXPENSES:
Operating	235,981	215,700	473,583	436,359
Depreciation and amortization	111,846	105,123	220,532	210,251
General and administrative	34,427	35,405	76,960	81,580
Expense from deferred compensation plan liability	2,077	789	1,673	3,258
Transaction related costs and other	1,017	260	14,173	1,012
Total expenses	385,348	357,277	786,921	732,460
Operating income	156,470	153,810	291,334	286,685
Income (loss) from partially owned entities	8,757	46,021	(1,147)	47,379
(Loss) income from real estate fund investments	(28,976)	4,391	(37,783)	4,659
Interest and other investment income, net	30,892	8,541	6,508	15,236
Income from deferred compensation plan assets	2,077	789	1,673	3,258
Interest and debt expense	(87,657)	(84,789)	(175,823)	(167,513)
Net gains on disposition of wholly owned and partially owned assets	23,559	0	23,559	501
Income before income taxes	105,122	128,763	108,321	190,205
Income tax (expense) benefit	(467)	610	(3,021)	(2,303)
Income from continuing operations	104,655	129,373	105,300	187,902
Income from discontinued operations	683	18,111	320	33,429
Net income	105,338	147,484	105,620	221,331
Less net loss (income) attributable to noncontrolling interests in Consolidated subsidiaries	26,175	(7,677)	34,449	(14,414)
Operating Partnership	(7,445)	(7,706)	(6,321)	(10,935)
Net income attributable to Vornado / Vornado Realty L.P.	124,068	132,101	133,748	195,982
Preferred share dividends / unit distributions	(12,534)	(16,129)	(25,569)	(32,258)
Preferred share / unit issuance costs	0	0	(14,486)	0
NET INCOME attributable to common shareholders / Class A unitholders	$ 111,534	$ 115,972	$ 93,693	$ 163,724
INCOME PER COMMON SHARE – BASIC:
Income from continuing operations, net (in dollars per share)	$ 0.59	$ 0.52	$ 0.49	$ 0.70
Income from discontinued operations, net (in dollars per share)	0.00	0.09	0.00	0.16
Net income per common share (in dollars per share)	$ 0.59	$ 0.61	$ 0.49	$ 0.86
Weighted average shares outstanding, basic	190,200	189,395	190,141	189,304
INCOME PER COMMON SHARE – DILUTED:
Income from continuing operations, net (in dollars per share)	$ 0.58	$ 0.52	$ 0.49	$ 0.70
Income from discontinued operations, net (in dollars per share)	0.00	0.09	0.00	0.16
Net income per common share (in dollars per share)	$ 0.58	$ 0.61	$ 0.49	$ 0.86
Weighted average shares outstanding, diluted	191,168	190,444	191,190	190,674
INCOME PER CLASS A UNIT – DILUTED:
DIVIDENDS PER COMMON SHARE (in dollars per share)	$ 0.63	$ 0.71	$ 1.26	$ 1.42
Vornado Realty L.P.
REVENUES:
Property rentals	$ 444,595	$ 428,643	$ 884,705	$ 843,535
Tenant expense reimbursements	58,312	51,657	118,622	110,690
Fee and other income	38,911	30,787	74,928	64,920
Total revenues	541,818	511,087	1,078,255	1,019,145
EXPENSES:
Operating	235,981	215,700	473,583	436,359
Depreciation and amortization	111,846	105,123	220,532	210,251
General and administrative	34,427	35,405	76,960	81,580
Expense from deferred compensation plan liability	2,077	789	1,673	3,258
Transaction related costs and other	1,017	260	14,173	1,012
Total expenses	385,348	357,277	786,921	732,460
Operating income	156,470	153,810	291,334	286,685
Income (loss) from partially owned entities	8,757	46,021	(1,147)	47,379
(Loss) income from real estate fund investments	(28,976)	4,391	(37,783)	4,659
Interest and other investment income, net	30,892	8,541	6,508	15,236
Income from deferred compensation plan assets	2,077	789	1,673	3,258
Interest and debt expense	(87,657)	(84,789)	(175,823)	(167,513)
Net gains on disposition of wholly owned and partially owned assets	23,559	0	23,559	501
Income before income taxes	105,122	128,763	108,321	190,205
Income tax (expense) benefit	(467)	610	(3,021)	(2,303)
Income from continuing operations	104,655	129,373	105,300	187,902
Income from discontinued operations	683	18,111	320	33,429
Net income	105,338	147,484	105,620	221,331
Less net loss (income) attributable to noncontrolling interests in Consolidated subsidiaries	26,175	(7,677)	34,449	(14,414)
Operating Partnership			(6,321)	(10,935)
Net income attributable to Vornado / Vornado Realty L.P.	131,513	139,807	140,069	206,917
Preferred share dividends / unit distributions	(12,582)	(16,177)	(25,666)	(32,355)
Preferred share / unit issuance costs	0	0	(14,486)	0
NET INCOME attributable to common shareholders / Class A unitholders	$ 118,931	$ 123,630	$ 99,917	$ 174,562
INCOME PER CLASS A UNIT – BASIC:
Income from continuing operations, net (in dollars per unit)	$ 0.58	$ 0.52	$ 0.49	$ 0.69
Income from discontinued operations, net (in dollars per unit)	0.00	0.09	0.00	0.17
Net income per Class A unit (in dollars per unit)	$ 0.58	$ 0.61	$ 0.49	$ 0.86
Weighted average units outstanding, basic (in shares)	202,064	201,127	201,997	200,987
INCOME PER CLASS A UNIT – DILUTED:
Income from continuing operations, net (in dollars per unit)	$ 0.58	$ 0.52	$ 0.48	$ 0.69
Income from discontinued operations, net (in dollars per unit)	0.00	0.09	0.00	0.16
Net income per Class A unit (in dollars per unit)	$ 0.58	$ 0.61	$ 0.48	$ 0.85
Weighted average units outstanding, diluted (in shares)	203,354	202,623	203,266	202,617
DISTRIBUTIONS PER CLASS A UNIT (in dollars per share)	$ 0.63	$ 0.71	$ 1.26	$ 1.42