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Consolidated Statements of Income (LP) - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
REVENUES:      
Total revenues $ 1,811,163 $ 1,799,995 $ 1,589,210
EXPENSES:      
Operating (905,158) (873,911) (797,315)
Depreciation and amortization (434,273) (504,502) (412,347)
General and administrative (162,883) (133,731) (134,545)
(Expense) benefit from deferred compensation plan liability (12,162) 9,617 (9,847)
Impairment losses, transaction related costs and other (50,691) (31,722) (13,815)
Total expenses (1,565,167) (1,534,249) (1,367,869)
Income (loss) from partially owned entities 38,689 (461,351) 130,517
Income from real estate fund investments 1,590 3,541 11,066
Interest and other investment income, net 41,697 19,869 4,612
Income (loss) from deferred compensation plan assets 12,162 (9,617) 9,847
Interest and debt expense (349,223) (279,765) (231,096)
Net gains on disposition of wholly owned and partially owned assets 71,199 100,625 50,770
Income (loss) before income taxes 62,110 (360,952) 197,057
Income tax (expense) benefit (29,222) (21,660) 10,496
Net income (loss) 32,888 (382,612) 207,553
Less net loss (income) attributable to noncontrolling interests in consolidated subsidiaries 75,967 5,737 (24,014)
Net income (loss) attributable to Vornado / Vornado Realty L.P. 105,494 (346,499) 175,999
Preferred unit distributions (62,116) (62,116) (65,880)
Series K preferred unit issuance costs 0 0 (9,033)
Net income (loss) attributable to common shareholders/Class A unitholders 43,378 (408,615) 101,086
Vornado Realty L.P.      
REVENUES:      
Total revenues 1,811,163 1,799,995 1,589,210
EXPENSES:      
Operating (905,158) (873,911) (797,315)
Depreciation and amortization (434,273) (504,502) (412,347)
General and administrative (162,883) (133,731) (134,545)
(Expense) benefit from deferred compensation plan liability (12,162) 9,617 (9,847)
Impairment losses, transaction related costs and other (50,691) (31,722) (13,815)
Total expenses (1,565,167) (1,534,249) (1,367,869)
Income (loss) from partially owned entities 38,689 (461,351) 130,517
Income from real estate fund investments 1,590 3,541 11,066
Interest and other investment income, net 41,697 19,869 4,612
Income (loss) from deferred compensation plan assets 12,162 (9,617) 9,847
Interest and debt expense (349,223) (279,765) (231,096)
Net gains on disposition of wholly owned and partially owned assets 71,199 100,625 50,770
Income (loss) before income taxes 62,110 (360,952) 197,057
Income tax (expense) benefit (29,222) (21,660) 10,496
Net income (loss) 32,888 (382,612) 207,553
Less net loss (income) attributable to noncontrolling interests in consolidated subsidiaries 75,967 5,737 (24,014)
Net income (loss) attributable to Vornado / Vornado Realty L.P. 108,855 (376,875) 183,539
Preferred unit distributions (62,231) (62,231) (66,035)
Series K preferred unit issuance costs 0 0 (9,033)
Net income (loss) attributable to common shareholders/Class A unitholders $ 46,624 $ (439,106) $ 108,471
INCOME (LOSS) PER CLASS A UNIT - BASIC:      
Net income (loss) per Class A unit (in dollars per unit) $ 0.22 $ (2.15) $ 0.52
Weighted average units outstanding (in shares) 205,105 205,315 204,728
INCOME (LOSS) PER CLASS A UNIT - DILUTED:      
Net income (loss) per Class A unit (in dollars per unit) $ 0.22 $ (2.15) $ 0.51
Weighted average units outstanding (in shares) 205,956 205,315 205,644
Rental revenues      
REVENUES:      
Total revenues $ 1,607,486 $ 1,607,685 $ 1,424,531
Rental revenues | Vornado Realty L.P.      
REVENUES:      
Total revenues 1,607,486 1,607,685 1,424,531
Fee and other income      
REVENUES:      
Total revenues 203,677 192,310 164,679
Fee and other income | Vornado Realty L.P.      
REVENUES:      
Total revenues $ 203,677 $ 192,310 $ 164,679