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Consolidated Statements of Income (LP) - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
REVENUES:      
Total revenues $ 1,799,995 $ 1,589,210 $ 1,527,951
EXPENSES:      
Operating (873,911) (797,315) (789,066)
Depreciation and amortization (504,502) (412,347) (399,695)
General and administrative (133,731) (134,545) (181,509)
Benefit (expense) from deferred compensation plan liability 9,617 (9,847) (6,443)
Impairment losses, transaction related costs and other (31,722) (13,815) (174,027)
Total expenses (1,534,249) (1,367,869) (1,550,740)
(Loss) income from partially owned entities (461,351) 130,517 (329,112)
Income (loss) from real estate fund investments 3,541 11,066 (226,327)
Interest and other investment income (loss), net 19,869 4,612 (5,499)
(Loss) income from deferred compensation plan assets (9,617) 9,847 6,443
Interest and debt expense (279,765) (231,096) (229,251)
Net gains on disposition of wholly owned and partially owned assets 100,625 50,770 381,320
(Loss) income before income taxes (360,952) 197,057 (425,215)
Income tax (expense) benefit (21,660) 10,496 (36,630)
Net (loss) income (382,612) 207,553 (461,845)
Consolidated subsidiaries 5,737 (24,014) 139,894
Net income (loss) attributable to Vornado / Vornado Realty L.P. (346,499) 175,999 (297,005)
Preferred share dividends / unit distributions (62,116) (65,880) (51,739)
Series K preferred share / unit issuance costs 0 (9,033) 0
NET (LOSS) INCOME attributable to common shareholders / Class A unitholders (408,615) 101,086 (348,744)
Vornado Realty L.P.      
REVENUES:      
Total revenues 1,799,995 1,589,210 1,527,951
EXPENSES:      
Operating (873,911) (797,315) (789,066)
Depreciation and amortization (504,502) (412,347) (399,695)
General and administrative (133,731) (134,545) (181,509)
Benefit (expense) from deferred compensation plan liability 9,617 (9,847) (6,443)
Impairment losses, transaction related costs and other (31,722) (13,815) (174,027)
Total expenses (1,534,249) (1,367,869) (1,550,740)
(Loss) income from partially owned entities (461,351) 130,517 (329,112)
Income (loss) from real estate fund investments 3,541 11,066 (226,327)
Interest and other investment income (loss), net 19,869 4,612 (5,499)
(Loss) income from deferred compensation plan assets (9,617) 9,847 6,443
Interest and debt expense (279,765) (231,096) (229,251)
Net gains on disposition of wholly owned and partially owned assets 100,625 50,770 381,320
(Loss) income before income taxes (360,952) 197,057 (425,215)
Income tax (expense) benefit (21,660) 10,496 (36,630)
Net (loss) income (382,612) 207,553 (461,845)
Consolidated subsidiaries 5,737 (24,014) 139,894
Net income (loss) attributable to Vornado / Vornado Realty L.P. (376,875) 183,539 (321,951)
Preferred share dividends / unit distributions (62,231) (66,035) (51,904)
Series K preferred share / unit issuance costs 0 (9,033) 0
NET (LOSS) INCOME attributable to common shareholders / Class A unitholders $ (439,106) $ 108,471 $ (373,855)
(LOSS) INCOME PER CLASS A UNIT - BASIC:      
Net (loss) income per Class A unit (in dollars per unit) $ (2.15) $ 0.52 $ (1.86)
Weighted average units outstanding, basic (in shares) 205,315 204,728 203,503
(LOSS) INCOME PER CLASS A UNIT - DILUTED:      
Net (loss) income per Class A unit (in dollars per unit) $ (2.15) $ 0.51 $ (1.86)
Weighted average units outstanding, diluted (in shares) 205,315 205,644 203,503
Rental revenues      
REVENUES:      
Total revenues $ 1,607,685 $ 1,424,531 $ 1,377,635
Rental revenues | Vornado Realty L.P.      
REVENUES:      
Total revenues 1,607,685 1,424,531 1,377,635
Fee and other income      
REVENUES:      
Total revenues 192,310 164,679 150,316
Fee and other income | Vornado Realty L.P.      
REVENUES:      
Total revenues $ 192,310 $ 164,679 $ 150,316