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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Real estate, at cost:    
Land $ 2,493,688 $ 2,540,193
Buildings and improvements 10,054,872 9,839,166
Development costs and construction in progress 711,250 718,694
Leasehold improvements and equipment 122,151 119,792
Total 13,381,961 13,217,845
Less accumulated depreciation and amortization (3,532,984) (3,376,347)
Real estate, net 9,848,977 9,841,498
Right-of-use assets 685,962 337,197
Cash and cash equivalents 988,398 1,760,225
Restricted cash 127,920 170,126
Investments in U.S. Treasury bills 494,045 0
Tenant and other receivables 76,769 79,661
Investments in partially owned entities 3,270,229 3,297,389
Real estate fund investments 930 7,730
220 Central Park South condominium units ready for sale 51,072 57,142
Receivable arising from the straight-lining of rents 687,782 656,318
Deferred leasing costs, net of accumulated amortization of $226,196 and $211,775 378,484 391,693
Identified intangible assets, net of accumulated amortization of $93,180 and $97,186 144,597 154,895
Other assets 397,256 512,714
Assets 17,152,421 17,266,588
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY    
Mortgages payable, net 5,834,275 6,053,343
Senior unsecured notes, net 1,190,812 1,189,792
Unsecured term loan, net 792,644 797,812
Unsecured revolving credit facilities 575,000 575,000
Lease liabilities 727,641 370,206
Accounts payable and accrued expenses 463,333 613,497
Deferred revenue 43,904 48,118
Deferred compensation plan 96,202 110,174
Other liabilities 271,788 304,725
Total liabilities 9,995,599 10,062,667
Commitments and contingencies
Redeemable noncontrolling interests:    
Total redeemable noncontrolling interests 506,009 688,683
Shareholders' equity:    
Preferred shares of beneficial interest: no par value per share; authorized 110,000,000 shares; issued and outstanding 48,792,902 shares 1,182,459 1,182,459
Common shares of beneficial interest: $0.04 par value per share; authorized 250,000,000 shares; issued and outstanding 191,775,059 and 191,723,608 shares 7,650 7,648
Additional capital 8,339,161 8,143,093
Earnings less than distributions (3,205,751) (3,079,320)
Accumulated other comprehensive income (loss) 73,300 (17,534)
Total Vornado shareholders' / partners equity 6,396,819 6,236,346
Noncontrolling interests in consolidated subsidiaries 253,994 278,892
Total equity 6,650,813 6,515,238
Total liabilities, redeemable noncontrolling interests / partnership units and equity 17,152,421 17,266,588
Partnership Interest    
Redeemable noncontrolling interests:    
Class A units - 14,287,741 and 14,033,438 units outstanding 408,487 587,440
Series D cumulative redeemable preferred units - 141,400 units outstanding 3,535 3,535
Total redeemable noncontrolling interests 412,022 590,975
Subsidiary    
Redeemable noncontrolling interests:    
Total redeemable noncontrolling interests $ 93,987 $ 97,708