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Consolidated Statements of Income (VNO) - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
REVENUES:      
Total revenues $ 1,589,210 $ 1,527,951 $ 1,924,700
EXPENSES:      
Operating (797,315) (789,066) (917,981)
Depreciation and amortization (412,347) (399,695) (419,107)
General and administrative (134,545) (181,509) (169,920)
Expense from deferred compensation plan liability (9,847) (6,443) (11,609)
Impairment losses, transaction related costs and other (13,815) (174,027) (106,538)
Total expenses (1,367,869) (1,550,740) (1,625,155)
Income (loss) from partially owned entities 130,517 (329,112) 78,865
Income (loss) from real estate fund investments 11,066 (226,327) (104,082)
Interest and other investment income (loss), net 4,612 (5,499) 21,819
Income from deferred compensation plan assets 9,847 6,443 11,609
Interest and debt expense (231,096) (229,251) (286,623)
Net gain on transfer to Fifth Avenue and Times Square JV 0 0 2,571,099
Net gains on disposition of wholly owned and partially owned assets 50,770 381,320 845,499
Income (loss) before income taxes 197,057 (425,215) 3,437,731
Income tax benefit (expense) 10,496 (36,630) (103,439)
Income (loss) from continuing operations 207,553 (461,845) 3,334,292
Loss from discontinued operations 0 0 (30)
Net income (loss) 207,553 (461,845) 3,334,262
Less net (income) loss attributable to noncontrolling interests in:      
Consolidated subsidiaries (24,014) 139,894 24,547
Operating Partnership (7,540) 24,946 (210,872)
Net income (loss) attributable to Vornado / Vornado Realty L.P. 175,999 (297,005) 3,147,937
Preferred share dividends / unit distributions (65,880) (51,739) (50,131)
Series K preferred share / unit issuance costs (9,033) 0 0
NET INCOME (LOSS) attributable to common shareholders / Class A unitholders $ 101,086 $ (348,744) $ 3,097,806
INCOME (LOSS) PER COMMON SHARE - BASIC:      
Net income (loss) per common share (in dollars per share) $ 0.53 $ (1.83) $ 16.23
Weighted average shares outstanding 191,551 191,146 190,801
INCOME (LOSS) PER COMMON SHARE - DILUTED:      
Net income (loss) per common share (in dollars per share) $ 0.53 $ (1.83) $ 16.21
Weighted average shares outstanding 192,122 191,146 191,053
Rental revenues      
REVENUES:      
Total revenues $ 1,424,531 $ 1,377,635 $ 1,767,222
Fee and other income      
REVENUES:      
Total revenues $ 164,679 $ 150,316 $ 157,478