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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
REVENUES:    
Revenues $ 445,923 $ 442,130
EXPENSES:    
Operating (228,773) (216,529)
Depreciation and amortization (106,565) (117,443)
General and administrative (41,595) (41,216)
(Expense) benefit from deferred compensation plan liability (3,728) 1,944
Transaction related costs and other (658) (1,005)
Total expenses (381,319) (374,249)
Income from partially owned entities 16,666 33,714
(Loss) income from real estate fund investments (19) 5,674
Interest and other investment income, net 9,603 1,018
Income (loss) from deferred compensation plan assets 3,728 (1,944)
Interest and debt expense (86,237) (52,109)
Net gains on disposition of wholly owned and partially owned assets 7,520 6,552
Income before income taxes 15,865 60,786
Income tax expense (4,667) (7,411)
Net income 11,198 53,375
Less net loss (income) attributable to noncontrolling interests in:    
Consolidated subsidiaries 9,928 (9,374)
Operating Partnership (429) (1,994)
Net income attributable to Vornado / Vornado Realty L.P. 20,697 42,007
Preferred share dividends / unit distributions (15,529) (15,529)
NET INCOME attributable to common shareholders / Class A unitholders $ 5,168 $ 26,478
INCOME PER COMMON SHARE - BASIC:    
Net income per common share(in dollars per share) $ 0.03 $ 0.14
Weighted average shares outstanding, basic (in shares) 191,869 191,724
INCOME PER COMMON SHARE - DILUTED:    
Net income per common share (in dollars per share) $ 0.03 $ 0.14
Weighted average shares outstanding, diluted (in shares) 191,881 192,038
Rental revenues    
REVENUES:    
Revenues $ 396,793 $ 397,283
Fee and other income    
REVENUES:    
Revenues $ 49,130 $ 44,847