XML 34 R6.htm IDEA: XBRL DOCUMENT v3.20.4
Consolidated Statements of Changes in Equity - USD ($)
shares in Thousands, $ in Thousands
Total
Real estate fund investments
Other
Preferred Shares / Units
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 / Units
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
Series G & I Preferred Stock
Series G & I Preferred Stock
Preferred Shares / Units
Series G & I Preferred Stock
Earnings Less Than Distributions
Series G & I Preferred Stock
Vornado Realty L.P.
Series G & I Preferred Stock
Vornado Realty L.P.
Preferred Shares / Units
Series G & I Preferred Stock
Vornado Realty L.P.
Earnings Less Than Distributions
Series N
Series N
Preferred Shares / Units
Series N
Vornado Realty L.P.
Series N
Vornado Realty L.P.
Preferred Shares / Units
Cumulative Effect, Period of Adoption, Adjustment
Cumulative Effect, Period of Adoption, Adjustment
Earnings Less Than Distributions
Cumulative Effect, Period of Adoption, Adjustment
Accumulated Other Comprehensive Loss
Cumulative Effect, Period of Adoption, Adjustment
Vornado Realty L.P.
Cumulative Effect, Period of Adoption, Adjustment
Vornado Realty L.P.
Earnings Less Than Distributions
Cumulative Effect, Period of Adoption, Adjustment
Vornado Realty L.P.
Accumulated Other Comprehensive Loss
Beginning balance, shares at Dec. 31, 2017       36,800 189,984                   36,800 189,984                                          
Beginning balance, value at Dec. 31, 2017 $ 5,007,701     $ 891,988 $ 7,577 $ 7,492,658 $ (4,183,253) $ 128,682 $ 670,049     $ 5,007,701     $ 891,988 $ 7,500,235 $ (4,183,253) $ 128,682 $ 670,049                         $ 14,519 $ 122,893 $ (108,374) $ 14,519 $ 122,893 $ (108,374)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                                          
Net income attributable to Vornado / Vornado Realty L.P. 449,954           449,954         475,626         475,626                                        
Net income attributable to redeemable partnership units (25,672)                     (25,672)         (25,672)                                        
Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest (53,023)               (53,023)     (53,023)             (53,023)                                    
Dividends on common shares (479,348)           (479,348)                                                            
Distributions to Vornado                       (479,348)         (479,348)                                        
Dividends on preferred shares / Distributions to preferred unitholders (see Note 12 for dividends per share amounts) (50,636)           (50,636)         (50,636)         (50,636)                                        
Cumulative redeemable preferred shares issuance                                           $ (15,149) $ (663) $ (14,486) $ (15,149) $ (663) $ (14,486)                    
Common shares issued:                                                                          
Upon redemption of redeemable Class A units, at redemption value, shares         244                     244                                          
Upon redemption of redeemable Class A units, at redemption value 17,068       $ 10 17,058           17,068       $ 17,068                                          
Under Vornado's employees' share option plan, shares         279                     279                                          
Under Vornado's employees' share option plan (6,266)       $ 12 5,907 (12,185)         (6,266)       $ 5,919 (12,185)                                        
Under Vornado's dividend reinvestment plan, shares         20                     20                                          
Under Vornado's dividend reinvestment plan 1,390       $ 1 1,389           1,390       $ 1,390                                          
Contributions:                                                                          
Contributions: $ 46,942 $ 15,715           $ 46,942 $ 15,715   $ 46,942 $ 15,715           $ 46,942 $ 15,715                                
Distributions:                                                                          
Distributions   (12,665) (33,250)             (12,665) (33,250)   (12,665) (33,250)           (12,665) (33,250)                                
Conversion of Series A preferred shares to common shares / Conversion of Series A preferred units to Class A units, shares         2                     2                                          
Conversion of Series A preferred shares to common shares / Conversion of Series A preferred units to Class A units, value (1)     $ (31)   30           (1)     $ (31) $ 30                                          
Deferred compensation shares / units and options, Shares         6                     6                                          
Deferred compensation shares / units and options, Value 1,036         1,157 (121)         1,036       $ 1,157 (121)                                        
Amounts reclassified related to a nonconsolidated subsidiary 0                     0                                                  
Other comprehensive (loss) income of nonconsolidated subsidiaries 1,155             1,155       1,155           1,155                                      
Reduction in value of interest rate swaps (14,634)             (14,634)       (14,634)           (14,634)                                      
Unearned Out-Performance Plan awards acceleration 9,046         9,046           9,046       9,046                                          
Redeemable Class A unit measurement adjustment 198,064         198,064           198,064       198,064                                          
Redeemable noncontrolling interests' share of above adjustments 836             836       836           836                                      
Consolidation of the Farley joint venture 8,720               8,720     8,720             8,720                                    
Other, value 709         548 (2) (1) 164     709       $ 548 (2) (1) 164                                    
Ending balance, shares at Dec. 31, 2018       36,800 190,535                   36,800 190,535                                          
Ending 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 income attributable to Vornado / Vornado Realty L.P. 3,147,937           3,147,937         3,358,809         3,358,809                                        
Net income attributable to redeemable partnership units (210,872)                     (210,872)         (210,872)                                        
Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest (24,547)               (24,547)     (24,547)             (24,547)                                    
Dividends on common shares (503,785)           (503,785)                                                            
Special dividend ($1.95 per share) (372,380)           (372,380)         (372,380)         (372,380)                                        
Distributions to Vornado                       (503,785)         (503,785)                                        
Dividends on preferred shares / Distributions to preferred unitholders (see Note 12 for dividends per share amounts) (50,131)           (50,131)         (50,131)         (50,131)                                        
Common shares issued:                                                                          
Upon redemption of redeemable Class A units, at redemption value, shares         171                     171                                          
Upon redemption of redeemable Class A units, at redemption value 11,250       $ 7 11,243           11,250       $ 11,250                                          
Under Vornado's employees' share option plan, shares         245                     245                                          
Under Vornado's employees' share option plan (3,098)       $ 10 5,479 (8,587)         (3,098)       $ 5,489 (8,587)                                        
Under Vornado's dividend reinvestment plan, shares         22                     22                                          
Under Vornado's dividend reinvestment plan 1,414       $ 1 1,413           1,414       $ 1,414                                          
Contributions:                                                                          
Contributions:   9,023 8,848             9,023 8,848   9,023 8,848           9,023 8,848                                
Distributions:                                                                          
Distributions (45,587)               (45,587)     (45,587)             (45,587)                                    
Conversion of Series A preferred shares to common shares / Conversion of Series A preferred units to Class A units, shares       (2) 6                   (2) 6                                          
Conversion of Series A preferred shares to common shares / Conversion of Series A preferred units to Class A units, value 0     $ (80)   80           0     $ (80) $ 80                                          
Deferred compensation shares / units and options, Shares         7                     7                                          
Deferred compensation shares / units and options, Value 990         1,095 (105)         990       $ 1,095 (105)                                        
Amounts reclassified related to a nonconsolidated subsidiary (2,311)             (2,311)       (2,311)           (2,311)                                      
Other comprehensive (loss) income of nonconsolidated subsidiaries (938)             (938)       (938)           (938)                                      
Reduction in value of interest rate swaps (47,885)             (47,885)       (47,885)           (47,885)                                      
Unearned Out-Performance Plan awards acceleration 11,720         11,720           11,720       11,720                                          
Redeemable Class A unit measurement adjustment 70,810         70,810           70,810       $ 70,810                                          
Redeemable noncontrolling interests' share of above adjustments 3,235             3,235       3,235           3,235                                      
Deconsolidation of partially owned entity (11,441)               (11,441)     (11,441)             (11,441)                                    
Other, shares       (2)                     (2)                                            
Other, value (29)           (31) 2       (29)         (31) 2                                      
Ending balance, shares at Dec. 31, 2019       36,796 190,986                   36,796 190,986                                          
Ending 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)  
Distributions:                                                                          
Accounting Standards Update [Extensible List] us-gaap:AccountingStandardsUpdate201613Member                                                                        
Net income attributable to Vornado / Vornado Realty L.P. $ (297,005)           (297,005)         (321,951)         (321,951)                                        
Net income attributable to redeemable partnership units 24,946                     24,946         24,946                                        
Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest (140,438)               (140,438)     (140,438)             (140,438)                                    
Dividends on common shares (454,939)           (454,939)                                                            
Distributions to Vornado                       (454,939)         (454,939)                                        
Dividends on preferred shares / Distributions to preferred unitholders (see Note 12 for dividends per share amounts) (51,739)           (51,739)         (51,739)         (51,739)                                        
Cumulative redeemable preferred units issuance, shares                                                         12,000   12,000            
Cumulative redeemable preferred shares issuance                                                       $ 291,182 $ 291,182 $ 291,182 $ 291,182            
Upon redemption of redeemable Class A units, at redemption value, shares         236                     236                                          
Upon redemption of redeemable Class A units, at redemption value 9,266       $ 9 9,257           9,266       $ 9,266                                          
Under Vornado's employees' share option plan, shares         69                     69                                          
Under Vornado's employees' share option plan 3,517       $ 3 3,514           3,517       $ 3,517                                          
Under Vornado's dividend reinvestment plan, shares         47                     47                                          
Under Vornado's dividend reinvestment plan 2,345       $ 2 2,343           2,345       $ 2,345                                          
Contributions:   $ 3,389 $ 4,305             $ 3,389 $ 4,305   $ 3,389 $ 4,305           $ 3,389 $ 4,305                                
Distributions (33,007)               (33,007)     (33,007)             (33,007)                                    
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) $ 0 57           0     $ (57) $ 57                                          
Deferred compensation shares / units and options, Shares         13                     13                                          
Deferred compensation shares / units and options, Value 1,169       $ 1 1,305 (137)         1,169       $ 1,306 (137)                                        
Amounts reclassified related to a nonconsolidated subsidiary 0                     0                                                  
Other comprehensive (loss) income of nonconsolidated subsidiaries (14,342)             (14,342)       (14,342)           (14,342)                                      
Reduction in value of interest rate swaps (29,972)             (29,972)       (29,972)           (29,972)                                      
Unearned Out-Performance Plan awards acceleration 10,824         10,824           10,824       10,824                                          
Redeemable Class A unit measurement adjustment 344,043         344,043           344,043       344,043                                          
Redeemable noncontrolling interests' share of above adjustments 2,914             2,914       2,914           2,914                                      
Other, value 1,729         (6,533) (32) 6,534 1,760     1,729       $ (6,533) (32) 6,534 1,760                                    
Ending balance, shares at Dec. 31, 2020       48,793 191,355                   48,793 191,355                                          
Ending balance, value at Dec. 31, 2020 $ 6,948,155     $ 1,182,339 $ 7,633 $ 8,192,507 $ (2,774,182) $ (75,099) $ 414,957     $ 6,948,155     $ 1,182,339 $ 8,200,140 $ (2,774,182) $ (75,099) $ 414,957