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Consolidated Statements of Cash Flows (LP) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash Flows from Operating Activities:      
Net income (loss) $ 207,553 $ (461,845) $ 3,334,262
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization (including amortization of deferred financing costs) 432,594 417,942 438,933
Distributions of income from partially owned entities 214,521 175,246 116,826
Equity in net (income) loss of partially owned entities (130,517) 329,112 (78,865)
Net gains on disposition of wholly owned and partially owned assets (50,770) (381,320) (845,499)
Stock-based compensation expense 38,329 48,677 53,908
Defeasance cost in connection with refinancing of mortgage payable 23,729 0 0
Amortization of below-market leases, net (9,249) (16,878) (19,830)
Straight-lining of rents 8,644 24,404 9,679
Real estate impairment losses 7,880 236,286 26,705
Write-off of lease receivables deemed uncollectible 7,695 63,204 17,237
Return of capital from real estate fund investments 5,104 0 0
Net realized and unrealized (income) loss on real estate fund investments (4,621) 226,107 106,109
Non-cash (gain on extinguishment of 608 Fifth Avenue lease liability) impairment loss on 608 Fifth Avenue right-of-use asset 0 (70,260) 75,220
Credit losses on loans receivable 0 13,369 0
Decrease in fair value of marketable securities 0 4,938 5,533
Net gain on transfer to Fifth Avenue and Times Square JV 0 0 (2,571,099)
Prepayment penalty on redemption of senior unsecured notes due 2022 0 0 22,058
Other non-cash adjustments 7,368 6,739 (3,472)
Changes in operating assets and liabilities:      
Real estate fund investments (4,474) (7,197) (10,000)
Tenant and other receivables (187) (5,330) (25,988)
Prepaid assets 30,466 (137,452) 7,558
Other assets (54,716) (52,832) (4,302)
Accounts payable and accrued expenses 35,856 14,868 5,940
Other liabilities (3,399) (3,538) 1,626
Net cash provided by operating activities 761,806 424,240 662,539
Cash Flows from Investing Activities:      
Development costs and construction in progress (585,940) (601,920) (649,056)
Additions to real estate (149,461) (155,738) (233,666)
Proceeds from sale of condominium units at 220 Central Park South 137,404 1,044,260 1,605,356
Acquisition of additional 45.0% ownership interest in One Park Avenue (inclusive of $5,806 of prorations and net working capital and net of $39,370 of cash and restricted cash balances consolidated upon acquisition) (123,936) 0 0
Distributions of capital from partially owned entities 106,005 2,389 24,880
Proceeds from sales of real estate 100,024 0 324,201
Investments in partially owned entities (14,997) (8,959) (18,257)
Acquisitions of real estate and other (3,000) (1,156) (69,699)
Proceeds from repayments of loans receivable 1,554 0 1,395
Moynihan Train Hall expenditures 0 (395,051) (438,935)
Proceeds from sales of marketable securities 0 28,375 168,314
Proceeds from transfer of interest in Fifth Avenue and Times Square JV (net of $35,562 of transaction costs and $10,899 of deconsolidated cash and restricted cash) 0 0 1,248,743
Proceeds from redemption of 640 Fifth Avenue preferred equity 0 0 500,000
Net cash (used in) provided by investing activities (532,347) (87,800) 2,463,276
Cash Flows from Financing Activities:      
Proceeds from borrowings 3,248,007 1,056,315 1,108,156
Repayments of borrowings (1,584,243) (1,067,564) (2,718,987)
Purchase of marketable securities in connection with defeasance of mortgage payable (973,729) 0 (407,126)
Dividends paid on common shares / Distributions to Vornado (406,109) (827,319) (503,785)
Redemption of preferred shares / units (300,000) 0 (893)
Proceeds from the issuance of preferred shares 291,153 291,182 0
Distribution to noncontrolling interests / redeemable security holders and noncontrolling interests in consolidated subsidiaries (190,876) (91,514) (80,194)
Dividends paid on preferred shares/ Distributions to preferred unitholders (65,880) (64,271) (50,131)
Debt issuance costs (51,184) (10,901) (15,588)
Contributions from noncontrolling interests / noncontrolling interests in consolidated subsidiaries 4,052 100,094 17,871
Repurchase of shares (Class A units) related to stock compensation agreements and related tax withholdings and other (1,567) (137) (8,692)
Proceeds received from exercise of employee share options (Vornado stock options) and other 899 5,862 6,903
Moynihan Train Hall reimbursement from Empire State Development 0 395,051 438,935
Prepayment penalty on redemption of senior unsecured notes due 2022 0 0 (22,058)
Net cash provided by (used in) financing activities (29,477) (213,202) (2,235,589)
Net increase (decrease) in cash and cash equivalents and restricted cash 199,982 123,238 890,226
Reconciliation of Cash and Cash Equivalents and Restricted Cash:      
Cash and cash equivalents at beginning of period 1,624,482    
Restricted cash at beginning of period 105,887    
Cash and cash equivalents and restricted cash at beginning of period 1,730,369 1,607,131 716,905
Cash and cash equivalents at end of period 1,760,225 1,624,482  
Restricted cash at end of period 170,126 105,887  
Cash and cash equivalents and restricted cash at end of period 1,930,351 1,730,369 1,607,131
Supplemental Disclosure of Cash Flow Information:      
Cash payments for interest, excluding capitalized interest of $38,320, $40,855 and $67,980 188,587 210,052 283,613
Cash payments for income taxes 9,155 15,105 59,834
Non-Cash Investing and Financing Activities:      
Marketable securities transferred in connection with the defeasance of mortgage payable (973,729) 0 (407,126)
Defeasance of mortgage payable 950,000 0 390,000
Increase in assets and liabilities resulting from the consolidation of One Park Avenue:      
Mortgages payable 525,000 0 0
Deferred revenue 18,884 0 0
Accrued capital expenditures included in accounts payable and accrued expenses 291,690 117,641 109,975
Write-off of fully depreciated assets (123,537) (189,250) (122,813)
Reclassification of assets held for sale (included in "other assets") 80,005 0 0
Redeemable Class A unit measurement adjustment (76,073) 344,043 70,810
Decrease (increase) in accumulated other comprehensive loss due to change in fair value of consolidated interest rate swaps 51,337 (29,972) (47,885)
Decrease in assets and liabilities resulting from the deconsolidation of Moynihan Train Hall: [Abstract]      
Real estate, net 0 (1,291,804) 0
Moynihan Train Hall Obligation 0 (1,291,804) 0
Investments received in exchange for transfer to Fifth Avenue and Times Square JV: [Abstract]      
Preferred equity 0 0 2,327,750
Common equity 0 0 1,449,495
Lease liabilities arising from the recognition of right-of-use assets 0 0 526,866
Special dividend/distribution declared and payable on January 15, 2020 0 0 398,292
Recognition of negative basis related to the sale of our investment in 330 Madison Avenue 0 0 60,052
Amounts related to our investment in Pennsylvania Real Estate Investment Trust reclassified from "investments in partially owned entities" and "accumulated other comprehensive loss" to "marketable securities" upon conversion of operating partnership units to common shares 0 0 54,962
One Park Avenue      
Increase in assets and liabilities resulting from the consolidation of One Park Avenue:      
Real estate 566,013 0 0
Identified intangible assets 139,545 0 0
Moynihan Train Hall      
Increase in assets and liabilities resulting from the consolidation of One Park Avenue:      
Reclassification of condominium units from "development costs and construction in progress" to "220 Central Park South condominium units ready for sale" 16,014 388,280 1,311,468
Vornado Realty L.P.      
Cash Flows from Operating Activities:      
Net income (loss) 207,553 (461,845) 3,334,262
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization (including amortization of deferred financing costs) 432,594 417,942 438,933
Distributions of income from partially owned entities 214,521 175,246 116,826
Equity in net (income) loss of partially owned entities (130,517) 329,112 (78,865)
Net gains on disposition of wholly owned and partially owned assets (50,770) (381,320) (845,499)
Stock-based compensation expense 38,329 48,677 53,908
Defeasance cost in connection with refinancing of mortgage payable 23,729 0 0
Amortization of below-market leases, net (9,249) (16,878) (19,830)
Straight-lining of rents 8,644 24,404 9,679
Real estate impairment losses 7,880 236,286 26,705
Write-off of lease receivables deemed uncollectible 7,695 63,204 17,237
Return of capital from real estate fund investments 5,104 0 0
Net realized and unrealized (income) loss on real estate fund investments (4,621) 226,107 106,109
Non-cash (gain on extinguishment of 608 Fifth Avenue lease liability) impairment loss on 608 Fifth Avenue right-of-use asset 0 (70,260) 75,220
Credit losses on loans receivable 0 13,369 0
Decrease in fair value of marketable securities 0 4,938 5,533
Net gain on transfer to Fifth Avenue and Times Square JV 0 0 (2,571,099)
Prepayment penalty on redemption of senior unsecured notes due 2022 0 0 22,058
Other non-cash adjustments 7,368 6,739 (3,472)
Changes in operating assets and liabilities:      
Real estate fund investments (4,474) (7,197) (10,000)
Tenant and other receivables (187) (5,330) (25,988)
Prepaid assets 30,466 (137,452) 7,558
Other assets (54,716) (52,832) (4,302)
Accounts payable and accrued expenses 35,856 14,868 5,940
Other liabilities (3,399) (3,538) 1,626
Net cash provided by operating activities 761,806 424,240 662,539
Cash Flows from Investing Activities:      
Development costs and construction in progress (585,940) (601,920) (649,056)
Additions to real estate (149,461) (155,738) (233,666)
Proceeds from sale of condominium units at 220 Central Park South 137,404 1,044,260 1,605,356
Acquisition of additional 45.0% ownership interest in One Park Avenue (inclusive of $5,806 of prorations and net working capital and net of $39,370 of cash and restricted cash balances consolidated upon acquisition) (123,936) 0 0
Distributions of capital from partially owned entities 106,005 2,389 24,880
Proceeds from sales of real estate 100,024 0 324,201
Investments in partially owned entities (14,997) (8,959) (18,257)
Acquisitions of real estate and other (3,000) (1,156) (69,699)
Proceeds from repayments of loans receivable 1,554 0 1,395
Moynihan Train Hall expenditures 0 (395,051) (438,935)
Proceeds from sales of marketable securities 0 28,375 168,314
Proceeds from transfer of interest in Fifth Avenue and Times Square JV (net of $35,562 of transaction costs and $10,899 of deconsolidated cash and restricted cash) 0 0 1,248,743
Proceeds from redemption of 640 Fifth Avenue preferred equity 0 0 500,000
Net cash (used in) provided by investing activities (532,347) (87,800) 2,463,276
Cash Flows from Financing Activities:      
Proceeds from borrowings 3,248,007 1,056,315 1,108,156
Repayments of borrowings (1,584,243) (1,067,564) (2,718,987)
Purchase of marketable securities in connection with defeasance of mortgage payable (973,729) 0 (407,126)
Dividends paid on common shares / Distributions to Vornado (406,109) (827,319) (503,785)
Redemption of preferred shares / units (300,000) 0 (893)
Proceeds from the issuance of preferred shares 291,153 291,182 0
Distribution to noncontrolling interests / redeemable security holders and noncontrolling interests in consolidated subsidiaries (190,876) (91,514) (80,194)
Dividends paid on preferred shares/ Distributions to preferred unitholders (65,880) (64,271) (50,131)
Debt issuance costs (51,184) (10,901) (15,588)
Contributions from noncontrolling interests / noncontrolling interests in consolidated subsidiaries 4,052 100,094 17,871
Repurchase of shares (Class A units) related to stock compensation agreements and related tax withholdings and other (1,567) (137) (8,692)
Proceeds received from exercise of employee share options (Vornado stock options) and other 899 5,862 6,903
Moynihan Train Hall reimbursement from Empire State Development 0 395,051 438,935
Prepayment penalty on redemption of senior unsecured notes due 2022 0 0 (22,058)
Net cash provided by (used in) financing activities (29,477) (213,202) (2,235,589)
Net increase (decrease) in cash and cash equivalents and restricted cash 199,982 123,238 890,226
Reconciliation of Cash and Cash Equivalents and Restricted Cash:      
Cash and cash equivalents at beginning of period 1,624,482 1,515,012 570,916
Restricted cash at beginning of period 105,887 92,119 145,989
Cash and cash equivalents and restricted cash at beginning of period 1,730,369 1,607,131 716,905
Cash and cash equivalents at end of period 1,760,225 1,624,482 1,515,012
Restricted cash at end of period 170,126 105,887 92,119
Cash and cash equivalents and restricted cash at end of period 1,930,351 1,730,369 1,607,131
Supplemental Disclosure of Cash Flow Information:      
Cash payments for interest, excluding capitalized interest of $38,320, $40,855 and $67,980 188,587 210,052 283,613
Cash payments for income taxes 9,155 15,105 59,834
Non-Cash Investing and Financing Activities:      
Marketable securities transferred in connection with the defeasance of mortgage payable (973,729) 0 (407,126)
Defeasance of mortgage payable 950,000 0 390,000
Increase in assets and liabilities resulting from the consolidation of One Park Avenue:      
Mortgages payable 525,000 0 0
Deferred revenue 18,884 0 0
Accrued capital expenditures included in accounts payable and accrued expenses 291,690 117,641 109,975
Write-off of fully depreciated assets (123,537) (189,250) (122,813)
Reclassification of assets held for sale (included in "other assets") 80,005 0 0
Redeemable Class A unit measurement adjustment (76,073) 344,043 70,810
Decrease (increase) in accumulated other comprehensive loss due to change in fair value of consolidated interest rate swaps 51,337 (29,972) (47,885)
Decrease in assets and liabilities resulting from the deconsolidation of Moynihan Train Hall: [Abstract]      
Real estate, net 0 (1,291,804) 0
Moynihan Train Hall Obligation 0 1,291,804 0
Investments received in exchange for transfer to Fifth Avenue and Times Square JV: [Abstract]      
Preferred equity 0 0 2,327,750
Common equity 0 0 1,449,495
Lease liabilities arising from the recognition of right-of-use assets 0 0 526,866
Special dividend/distribution declared and payable on January 15, 2020 0 0 398,292
Recognition of negative basis related to the sale of our investment in 330 Madison Avenue 0 0 60,052
Amounts related to our investment in Pennsylvania Real Estate Investment Trust reclassified from "investments in partially owned entities" and "accumulated other comprehensive loss" to "marketable securities" upon conversion of operating partnership units to common shares 0 0 54,962
Vornado Realty L.P. | One Park Avenue      
Increase in assets and liabilities resulting from the consolidation of One Park Avenue:      
Real estate 566,013 0 0
Identified intangible assets 139,545 0 0
Vornado Realty L.P. | Moynihan Train Hall      
Increase in assets and liabilities resulting from the consolidation of One Park Avenue:      
Reclassification of condominium units from "development costs and construction in progress" to "220 Central Park South condominium units ready for sale" $ 16,014 $ 388,280 $ 1,311,468