Shareholders' Equity/Partners' Capital (Tables)

12 Months Ended

Dec. 31, 2021

Equity [Abstract]

Schedule Of Preferred Units

The following table sets forth the details of our preferred shares of beneficial interest and the preferred units of the Operating Partnership as of December 31, 2021 and 2020. During 2021, preferred dividends were $65,880,000.

(Amounts in thousands, except share/unit and per share/per unit amounts)
							Per Share/Unit
	Balance as of December 31,				Shares/Units Outstanding as of December 31,		Liquidation Preference		Annual Dividend/ Distribution(1)
Preferred Shares/Units	2021		2020		2021	2020
Convertible Preferred:
6.5% Series A: authorized 12,902 and 13,402 shares/units(2)	$	920	$	934	12,902	13,402	$	50.00	$	3.25
Cumulative Redeemable Preferred(3):
5.70% Series K: authorized 12,000,000 shares/units(4)	—		290,971		—	12,000,000	n/a		n/a
5.40% Series L: authorized 13,800,000 shares/units	290,306		290,306		12,000,000	12,000,000	25.00		1.35
5.25% Series M: authorized 13,800,000 shares/units	308,946		308,946		12,780,000	12,780,000	25.00		1.3125
5.25% Series N: authorized 12,000,000 shares/units	291,134		291,182		12,000,000	12,000,000	25.00		1.3125
4.45% Series O: authorized 12,000,000 shares/units(5)	291,153		—		12,000,000	—	25.00		1.1125
	$	1,182,459	$	1,182,339	48,792,902	48,793,402

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(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)Series L preferred shares/units are 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. Series M preferred shares/units are redeemable commencing December 2022, Series N preferred shares/units are redeemable commencing November 2025 and Series O preferred shares/units are redeemable commencing September 2026. Series K preferred shares/units were redeemed on October 13, 2021.

(4)Redeemed on October 13, 2021.

(5)Issued in September 2021.

Schedule of Accumulated Other Comprehensive Income (Loss)

The following table sets forth the changes in accumulated other comprehensive loss by component for the year ended December 31, 2021.

(Amounts in thousands)	Total		Accumulated other comprehensive (loss) income of nonconsolidated subsidiaries		Interest rate swaps		Other
Balance as of December 31, 2020	$	(75,099)	$	(14,338)	$	(66,098)	$	5,337
Other comprehensive income (loss)	57,565		10,275		51,337		(4,047)
Balance as of December 31, 2021	$	(17,534)	$	(4,063)	$	(14,761)	$	1,290