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Shareholders' Equity/Partners' Capital
 9 Months Ended
Sep. 30, 2019
Equity [Abstract]  
Shareholders' Equity/Partners' Capital
Shareholders' Equity/Partners' Capital
The following table sets forth the details of our dividends/distributions per common share/Class A unit and dividends/distributions per share/unit for each class of preferred shares/units of beneficial interest for the three and nine months ended September 30, 2019 and 2018.
(Per share/unit)
For the Three Months Ended September 30,
 
For the Nine Months Ended September 30,
 
2019
 
2018
 
2019
 
2018
Shares/Units:
 
 
 
 
 
 
 
Common shares/Class A units held by Vornado: authorized 250,000,000 shares/units
$
0.66

 
$
0.63

 
$
1.98

 
$
1.89

Convertible Preferred(1):
 
 
 
 
 
 
 
6.5% Series A: authorized 83,977 shares/units(2)
0.8125

 
0.8125

 
2.4375

 
2.4375

Cumulative Redeemable Preferred(1):
 
 
 
 
 
 
 
5.70% Series K: authorized 12,000,000 shares/units(3)
0.3563

 
0.3563

 
1.0689

 
1.0689

5.40% Series L: authorized 12,000,000 shares/units(3)
0.3375

 
0.3375

 
1.0125

 
1.0125

5.25% Series M: authorized 12,780,000 shares/units(3)
0.3281

 
0.3281

 
0.9843

 
0.9843

____________________
(1)
Dividends on preferred shares and distributions on preferred units are cumulative and are payable quarterly in arrears.
(2)
Redeemable at the option of Vornado under certain circumstances, at a redemption price of 1.9531 common shares/Class A units per Series A preferred share/unit plus accrued and unpaid dividends/distributions through the date of redemption, or convertible at any time at the option of the holder for 1.9531 common shares/ Class A units per Series A preferred share/unit.
(3)
Redeemable at Vornado's option at a redemption price of $25.00 per share/unit, plus accrued and unpaid dividends/distributions through the date of redemption.
Accumulated Other Comprehensive (Loss) Income
The following tables set forth the changes in accumulated other comprehensive (loss) income by component.
(Amounts in thousands)
Total
 
Marketable securities
 
Pro rata share of
nonconsolidated
subsidiaries' OCI
 
Interest
rate
swaps
 
Other
For the three months ended September 30, 2019:
 
 
 
 
 
 
 
 
 
Balance, June 30, 2019
$
(38,066
)
 
$
—

 
$
(18
)
 
$
(33,785
)
 
$
(4,263
)
Net current period other comprehensive (loss) income
(9,293
)
 
—

 
11

 
(9,953
)
 
649

Balance, September 30, 2019
$
(47,359
)
 
$
—

 
$
(7
)
 
$
(43,738
)
 
$
(3,614
)
 
 
 
 
 
 
 
 
 
 
For the three months ended September 30, 2018:
 
 
 
 
 
 
 
 
 
Balance, June 30, 2018
$
33,351

 
$
—

 
$
2,834

 
$
39,559

 
$
(9,042
)
Net current period other comprehensive income (loss)
822

 
—

 
253

 
623

 
(54
)
Balance, September 30, 2018
$
34,173

 
$
—

 
$
3,087

 
$
40,182

 
$
(9,096
)
 
 
 
 
 
 
 
 
 
 
For the nine months ended September 30, 2019:
 
 
 
 
 
 
 
 
 
Balance, December 31, 2018
$
7,664

 
$
—

 
$
3,253

 
$
11,759

 
$
(7,348
)
Net current period other comprehensive (loss) income
(52,712
)
 
—

 
(949
)
 
(55,497
)
 
3,734

Amount reclassified from AOCI (1)
(2,311
)
 
—

 
(2,311
)
 
—

 
—

Balance, September 30, 2019
$
(47,359
)
 
$
—

 
$
(7
)
 
$
(43,738
)
 
$
(3,614
)
 
 
 
 
 
 
 
 
 
 
For the nine months ended September 30, 2018:
 
 
 
 
 
 
 
 
 
Balance, December 31, 2017
$
128,682

 
$
109,554

 
$
3,769

 
$
23,542

 
$
(8,183
)
Cumulative effect of accounting change
(108,374
)
 
(109,554
)
 
(1,671
)
 
2,851

 
—

Net current period other comprehensive income (loss)
13,865

 
—

 
989

 
13,789

 
(913
)
Balance, September 30, 2018
$
34,173

 
$
—

 
$
3,087

 
$
40,182

 
$
(9,096
)
____________________
(1)
Amount reclassified related to the conversion of our PREIT operating partnership units into common shares.