XML 23 R6.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Statements of Changes in Equity (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
Total
Real estate fund investments
Other
Preferred Shares
Common Shares
Additional Capital
Earnings Less Than Distributions
Accumulated Other Comprehensive Loss
Non-controlling Interests in Consolidated Subsidiaries
Non-controlling Interests in Consolidated Subsidiaries
Real estate fund investments
Non-controlling Interests in Consolidated Subsidiaries
Other
Vornado Realty L.P.
Vornado Realty L.P.
Real estate fund investments
Vornado Realty L.P.
Other
Vornado Realty L.P.
Preferred Shares
Vornado Realty L.P.
Class A Units Owned by Vornado
Vornado Realty L.P.
Earnings Less Than Distributions
Vornado Realty L.P.
Accumulated Other Comprehensive Loss
Vornado Realty L.P.
Non-controlling Interests in Consolidated Subsidiaries
Vornado Realty L.P.
Non-controlling Interests in Consolidated Subsidiaries
Real estate fund investments
Vornado Realty L.P.
Non-controlling Interests in Consolidated Subsidiaries
Other
Cumulative Effect, Period of Adoption, Adjustment
Cumulative Effect, Period of Adoption, Adjustment
Earnings Less Than Distributions
Cumulative Effect, Period of Adoption, Adjustment
Vornado Realty L.P.
Cumulative Effect, Period of Adoption, Adjustment
Vornado Realty L.P.
Earnings Less Than Distributions
Beginning balance, shares at Dec. 31, 2018       36,800 190,535                   36,800 190,535                  
Beginning balance, value at Dec. 31, 2018 $ 5,107,883     $ 891,294 $ 7,600 $ 7,725,857 $ (4,167,184) $ 7,664 $ 642,652     $ 5,107,883     $ 891,294 $ 7,733,457 $ (4,167,184) $ 7,664 $ 642,652            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                  
Net (loss) income attributable to Vornado / Vornado Realty L.P. 2,942,187           2,942,187         3,139,541         3,139,541                
Net income attributable to redeemable partnership units (197,354)                     (197,354)         (197,354)                
Net loss attributable to nonredeemable noncontrolling interests in consolidated subsidiaries 34,045               34,045     34,045             34,045            
Dividends on common shares (377,750)           (377,750)                                    
Distributions to Vornado                       (377,750)         (377,750)                
Distributions to preferred shareholders / unitholders (see Note 13 for distributions per unit amounts) (37,598)           (37,598)         (37,598)         (37,598)                
Common shares issued: / Class A Units issued to Vornado                                                  
Upon redemption of Class A units, at redemption value, shares         123                     123                  
Upon redemption of Class A units, at redemption value, value 8,128       $ 5 8,123           8,128       $ 8,128                  
Under employees' share option plan, shares         165                     165                  
Under employees' share option plan, value (7,347)       $ 7 1,338 (8,692)         (7,347)       $ 1,345 (8,692)                
Under dividend reinvestment plan, shares         16                     16                  
Under dividend reinvestment plan, value 1,058       $ 1 1,057           1,058       $ 1,058                  
Contributions:                                                  
Contributions   $ 3,384 $ 5,839             $ 3,384 $ 5,839   $ 3,384 $ 5,839           $ 3,384 $ 5,839        
Distributions:                                                  
Distributions   (6) (39,290)             (6) (39,290)   (6) (39,290)           (6) (39,290)        
Conversion of Series A preferred shares to common shares / Conversion of Series A preferred units to Class A units, shares       (2) 3                                        
Conversion of Series A preferred shares to common shares / Conversion of Series A preferred units to Class A units, value 0     $ (38)   38                                      
Preferred unit issuance, shares                             (2) 3                  
Preferred unit issuance, value                       0     $ (38) $ 38                  
Deferred compensation shares and options, shares         8                     8                  
Deferred compensation shares and options 829         829           829       $ 829                  
Amounts reclassified from accumulated other comprehensive loss relating to a nonconsolidated subsidiary (2,311)             (2,311)       (2,311)           (2,311)              
Other comprehensive (loss) income of nonconsolidated subsidiaries (949)             (949)       (949)           (949)              
Increase (reduction) in value of interest rate swaps and other (55,497)             (55,497)       (55,497)           (55,497)              
Unearned Out-Performance Plan awards acceleration 11,720         11,720           11,720       11,720                  
Redeemable Class A unit measurement adjustment 123,635         123,635           123,635       $ 123,635                  
Redeemable noncontrolling interests' share of above adjustments 3,732             3,732       3,732           3,732              
Deconsolidation of partially owned entity (11,441)               (11,441)     (11,441)             (11,441)            
Other, shares       1                     (1)                    
Other, value 5           2 2 1     5         2 2 1            
Ending balance, shares at Sep. 30, 2019       36,797 190,850                   36,797 190,850                  
Ending balance, value at Sep. 30, 2019 7,710,256     $ 891,256 $ 7,613 7,872,597 (1,649,035) (47,359) 635,184     7,710,256     $ 891,256 $ 7,880,210 (1,649,035) (47,359) 635,184            
Beginning balance, shares at Jun. 30, 2019       36,797 190,813                   36,797 190,813                  
Beginning balance, value at Jun. 30, 2019 7,496,144     $ 891,256 $ 7,611 7,845,748 (1,845,995) (38,066) 635,590     7,496,144     $ 891,256 $ 7,853,359 (1,845,995) (38,066) 635,590            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                  
Net (loss) income attributable to Vornado / Vornado Realty L.P. 335,438           335,438         358,075         358,075                
Net income attributable to redeemable partnership units (22,637)                     (22,637)         (22,637)                
Net loss attributable to nonredeemable noncontrolling interests in consolidated subsidiaries 5,774               5,774     5,774             5,774            
Dividends on common shares (125,947)           (125,947)                                    
Distributions to Vornado                       (125,947)         (125,947)                
Distributions to preferred shareholders / unitholders (see Note 13 for distributions per unit amounts) (12,532)           (12,532)         (12,532)         (12,532)                
Common shares issued: / Class A Units issued to Vornado                                                  
Upon redemption of Class A units, at redemption value, shares         31                     31                  
Upon redemption of Class A units, at redemption value, value 1,999       $ 1 1,998           1,999       $ 1,999                  
Under dividend reinvestment plan, shares         6                     6                  
Under dividend reinvestment plan, value 357       $ 1 356           357       $ 357                  
Contributions:                                                  
Contributions 908               908     908             908            
Distributions:                                                  
Distributions   (6) (7,086)             (6) (7,086)   (6) (7,086)           (6) (7,086)        
Deferred compensation shares and options 266         266           266       266                  
Amounts reclassified from accumulated other comprehensive loss relating to a nonconsolidated subsidiary 0                     0                          
Other comprehensive (loss) income of nonconsolidated subsidiaries 11             11       11           11              
Increase (reduction) in value of interest rate swaps and other (9,953)         0   (9,953)       (9,953)           (9,953)              
Redeemable Class A unit measurement adjustment 24,228         24,228           24,228       24,228                  
Redeemable noncontrolling interests' share of above adjustments 650             650       650           650              
Other, value 5         1 1 (1) 4     5       $ 1 1 (1) 4            
Ending balance, shares at Sep. 30, 2019       36,797 190,850                   36,797 190,850                  
Ending balance, value at Sep. 30, 2019 7,710,256     $ 891,256 $ 7,613 7,872,597 (1,649,035) (47,359) 635,184     7,710,256     $ 891,256 $ 7,880,210 (1,649,035) (47,359) 635,184            
Beginning balance, shares at Dec. 31, 2019       36,796 190,986                   36,796 190,986                  
Beginning balance, value at Dec. 31, 2019 7,310,978     $ 891,214 $ 7,618 7,827,697 (1,954,266) (40,233) 578,948     7,310,978     $ 891,214 $ 7,835,315 (1,954,266) (40,233) 578,948     $ (16,064) $ (16,064) $ (16,064) $ (16,064)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                  
Net (loss) income attributable to Vornado / Vornado Realty L.P. (102,026)           (102,026)         (112,116)         (112,116)                
Net income attributable to redeemable partnership units 10,090                     10,090         10,090                
Net loss attributable to nonredeemable noncontrolling interests in consolidated subsidiaries (141,310)               (141,310)     (141,310)             (141,310)            
Dividends on common shares (353,558)           (353,558)                                    
Distributions to Vornado                       (353,558)         (353,558)                
Distributions to preferred shareholders / unitholders (see Note 13 for distributions per unit amounts) (37,591)           (37,591)         (37,591)         (37,591)                
Common shares issued: / Class A Units issued to Vornado                                                  
Upon redemption of Class A units, at redemption value, shares         149                     149                  
Upon redemption of Class A units, at redemption value, value 6,050       $ 6 6,044           6,050       $ 6,050                  
Under employees' share option plan, shares         69                     69                  
Under employees' share option plan, value 3,517       $ 3 3,514           3,517       $ 3,517                  
Under dividend reinvestment plan, shares         40                     40                  
Under dividend reinvestment plan, value 2,050       $ 2 2,048           2,050       $ 2,050                  
Contributions:                                                  
Contributions   $ 3,389 $ 2,837             $ 3,389 $ 2,837   $ 3,389 $ 2,837           $ 3,389 $ 2,837        
Distributions:                                                  
Distributions (25,517)               (25,517)     (25,517)             (25,517)            
Conversion of Series A preferred shares to common shares / Conversion of Series A preferred units to Class A units, shares       (3) 4                   (3) 4                  
Conversion of Series A preferred shares to common shares / Conversion of Series A preferred units to Class A units, value 0     $ (57)   57           0     $ (57) $ 57                  
Deferred compensation shares and options, shares         13                     13                  
Deferred compensation shares and options 769       $ 1 905 (137)         769       $ 906 (137)                
Amounts reclassified from accumulated other comprehensive loss relating to a nonconsolidated subsidiary 0                     0                          
Other comprehensive (loss) income of nonconsolidated subsidiaries (15,626)             (15,626)       (15,626)           (15,626)              
Increase (reduction) in value of interest rate swaps and other (37,473)             (37,473)       (37,473)           (37,473)              
Unearned Out-Performance Plan awards acceleration 10,824         10,824           10,824       10,824                  
Redeemable Class A unit measurement adjustment 272,436         272,436           272,436       272,436                  
Redeemable noncontrolling interests' share of above adjustments 3,498             3,498       3,498           3,498              
Other, value (1,498)     $ (1) $ (1) (1) 7   (1,502)     (1,498)     $ (1) $ (2) 7   (1,502)            
Ending balance, shares at Sep. 30, 2020       36,793 191,261                   36,793 191,261                  
Ending balance, value at Sep. 30, 2020 6,885,685     $ 891,156 $ 7,629 8,123,524 (2,463,635) (89,834) 416,845     6,885,685     $ 891,156 $ 8,131,153 (2,463,635) (89,834) 416,845            
Beginning balance, shares at Jun. 30, 2020       36,794 191,151                   36,794 191,151                  
Beginning balance, value at Jun. 30, 2020 6,928,909     $ 891,164 $ 7,625 8,095,774 (2,415,500) (82,646) 432,492     6,928,909     $ 891,164 $ 8,103,399 (2,415,500) (82,646) 432,492            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                  
Net (loss) income attributable to Vornado / Vornado Realty L.P. 65,700           65,700         69,584         69,584                
Net income attributable to redeemable partnership units (3,884)                     (3,884)         (3,884)                
Net loss attributable to nonredeemable noncontrolling interests in consolidated subsidiaries (1,019)               (1,019)     (1,019)             (1,019)            
Dividends on common shares (101,311)           (101,311)                                    
Distributions to Vornado                       (101,311)         (101,311)                
Distributions to preferred shareholders / unitholders (see Note 13 for distributions per unit amounts) (12,530)           (12,530)         (12,530)         (12,530)                
Common shares issued: / Class A Units issued to Vornado                                                  
Upon redemption of Class A units, at redemption value, shares         100                     100                  
Upon redemption of Class A units, at redemption value, value 3,586       $ 4 3,582           3,586       $ 3,586                  
Under dividend reinvestment plan, shares         9                     9                  
Under dividend reinvestment plan, value 300       $ 1 299           300       $ 300                  
Contributions:                                                  
Contributions 358               358     358             358            
Distributions:                                                  
Distributions (14,987)               (14,987)     (14,987)             (14,987)            
Conversion of Series A preferred shares to common shares / Conversion of Series A preferred units to Class A units, shares       (1)                     (1) 0                  
Conversion of Series A preferred shares to common shares / Conversion of Series A preferred units to Class A units, value 0     $ (7)   7           0     $ (7) $ 7                  
Deferred compensation shares and options, shares                               0                  
Deferred compensation shares and options 304         304           304       $ 304                  
Amounts reclassified from accumulated other comprehensive loss relating to a nonconsolidated subsidiary 0                     0                          
Other comprehensive (loss) income of nonconsolidated subsidiaries (15,634)             (15,634)       (15,634)           (15,634)              
Increase (reduction) in value of interest rate swaps and other 7,926             7,926       7,926           7,926              
Redeemable Class A unit measurement adjustment 23,557         23,557           23,557       $ 23,557                  
Redeemable noncontrolling interests' share of above adjustments 520             520       520           520              
Other, shares         (1)                     (1)                  
Other, value 6     $ (1) $ (1) 1 6   1     6     $ (1)   6   1            
Ending balance, shares at Sep. 30, 2020       36,793 191,261                   36,793 191,261                  
Ending balance, value at Sep. 30, 2020 $ 6,885,685     $ 891,156 $ 7,629 $ 8,123,524 $ (2,463,635) $ (89,834) $ 416,845     $ 6,885,685     $ 891,156 $ 8,131,153 $ (2,463,635) $ (89,834) $ 416,845