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Redeemable Noncontrolling Interests / Redeemable Partnership Units (Tables)
 12 Months Ended
Dec. 31, 2018
Noncontrolling Interest [Abstract]  
Operating Partnership Units Held By Third Parties
Below are the details of redeemable noncontrolling interests/redeemable partnership units as of December 31, 2018 and 2017.
(Amounts in thousands, except units and per unit amounts)
 
Balance as of
December 31,
 
Units Outstanding at
December 31,
 
Per Unit
Liquidation
Preference
 
Preferred or
Annual
Distribution
Rate
Unit Series
 
2018
 
2017
 
2018
 
2017
 
 
Common:
 
 
 
 
 
 
 
 
 
 
 
 
Class A units held by third parties
 
$
778,134

 
$
979,509

 
12,544,477

 
12,528,899

 
n/a

 
$
2.52

 
 
 
 
 
 
 
 
 
 
 
 
 
Perpetual Preferred/Redeemable Preferred(1):
 
 
 
 
 
 
 
 
 
 
 
 
5.00% D-16 Cumulative Redeemable
 
$
1,000

 
$
1,000

 
1

 
1

 
$
1,000,000.00

 
$
50,000.00

3.25% D-17 Cumulative Redeemable
 
$
4,428

 
$
4,428

 
177,100

 
177,100

 
$
25.00

 
$
0.8125

________________________________________
(1)
Holders may tender units for redemption to the Operating Partnership for cash at their stated redemption amount; Vornado, at its option, may assume that obligation and pay the holders either cash or Vornado preferred shares on a one-for-one basis. These units are redeemable at Vornado's option at any time.
Summary Of Activity Of Redeemable Noncontrolling Interests
Below is a table summarizing the activity of redeemable noncontrolling interests/redeemable partnership units.
(Amounts in thousands)
 
Balance, December 31, 2016
$
1,278,446

Net income
10,910

Other comprehensive income
643

Distributions
(33,229
)
Redemption of Class A units for Vornado common shares, at redemption value
(38,747
)
Adjustments to carry redeemable Class A units at redemption value (including $224,069 attributable to the spin-off of JBGS)
(268,494
)
Other, net
35,408

Balance, December 31, 2017
984,937

Net income
25,672

Other comprehensive loss
(836
)
Distributions
(31,828
)
Redemption of Class A units for Vornado common shares, at redemption value
(17,068
)
Adjustments to carry redeemable Class A units at redemption value
(198,064
)
Other, net
20,749

Balance, December 31, 2018
$
783,562