XML 64 R44.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Redeemable Noncontrolling Interests (Tables)
 6 Months Ended
Jun. 30, 2024
Noncontrolling Interest [Abstract]  
Schedule of Activity of Redeemable Noncontrolling Interests
Below is a table summarizing the activity of redeemable noncontrolling partnership units.
(Amounts in thousands)For the Three Months Ended June 30,For the Six Months Ended June 30,
2024202320242023
Beginning balance$495,967 $351,743 $483,786 $348,692 
Net income 3,200 3,608 2,414 4,037 
Other comprehensive (loss) income(100)4,472 3,582 (1,608)
Distributions(29)(28)(57)(5,629)
Redemption of Class A units for Vornado common shares, at redemption value(551)(5,371)(3,040)(5,558)
Redeemable Class A unit measurement adjustment(52,518)43,270 (48,143)67,113 
Other, net8,724 12,582 16,151 3,229 
Ending balance$454,693 $410,276 $454,693 $410,276 
Below is a table summarizing the activity of the redeemable noncontrolling interest in a consolidated subsidiary.
(Amounts in thousands)For the Three Months Ended June 30,For the Six Months Ended June 30,
2024202320242023
Beginning balance$147,175 $78,796 $154,662 $88,040 
Net loss(8,403)(8,776)(15,890)(18,020)
Ending balance$138,772 $70,020 $138,772 $70,020