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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Thousands
Total
Preferred Shares
Common Shares
Additional Capital
Earnings Less Than Distributions
Accumulated Other Comprehensive Income
Non-controlling Interests in Consolidated Subsidiaries
Beginning balance (in shares) at Dec. 31, 2022   48,793,000          
Beginning balance at Dec. 31, 2022 $ 6,076,380 $ 1,182,459 $ 7,654 $ 8,369,228 $ (3,894,580) $ 174,967 $ 236,652
Beginning balance (in shares) at Dec. 31, 2022     191,867,000        
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 82,603       82,603    
Net income (loss) attributable to nonredeemable noncontrolling interests in consolidated subsidiaries 5,311           5,311
Dividends on common shares (71,950)       (71,950)    
Dividends on preferred shares (see Note 10 for dividends per share amounts) (31,058)       (31,058)    
Common shares issued:              
Common shares issued upon redemption of Class A units, at redemption value / Upon redemption of redeemable Class A units, at redemption value (in shares)     394,000        
Common shares issued upon redemption of Class A units, at redemption value / Upon redemption of redeemable Class A units, at redemption value 5,558   $ 16 5,542      
Under dividend reinvestment plan (in shares)     6,000        
Under Vornado's dividend reinvestment plan 146     146      
Contributions 22,328           22,328
Distributions (3,811)           (3,811)
Repurchase of common shares / Repurchase of Class A units owned (in shares)     (1,722,000)        
Repurchase of common shares / Repurchase of Class A units owned (23,250)   $ (69)   (23,181)    
Deferred compensation shares and options (in shares)     (1,000)        
Deferred compensation shares and options 133     169 (36)    
Other comprehensive income (loss) of nonconsolidated subsidiaries (3,144)         (3,144)  
Change in fair value of consolidated interest rate hedges and other (19,879)         (19,879)  
Redeemable Class A unit measurement adjustment (67,113)     (64,525)   (2,588)  
Unearned 2020 Out-Performance Plan and 2019 Performance AO LTIP awards 20,668     20,668      
Operating Partnership / Redeemable partnership units 1,608         1,608  
Consolidated subsidiaries 0         807 (807)
Ending balance (in shares) at Jun. 30, 2023   48,793,000          
Ending balance at Jun. 30, 2023 5,994,530 $ 1,182,459 $ 7,601 8,331,228 (3,938,202) 151,771 259,673
Ending balance (in shares) at Jun. 30, 2023     190,544,000        
Beginning balance (in shares) at Mar. 31, 2023   48,793,000          
Beginning balance at Mar. 31, 2023 5,932,658 $ 1,182,459 $ 7,654 8,367,349 (3,961,392) 95,562 241,026
Beginning balance (in shares) at Mar. 31, 2023     191,881,000        
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 61,906       61,906    
Net income (loss) attributable to nonredeemable noncontrolling interests in consolidated subsidiaries 5,995           5,995
Dividends on preferred shares (see Note 10 for dividends per share amounts) (15,529)       (15,529)    
Common shares issued:              
Common shares issued upon redemption of Class A units, at redemption value / Upon redemption of redeemable Class A units, at redemption value (in shares)     385,000        
Common shares issued upon redemption of Class A units, at redemption value / Upon redemption of redeemable Class A units, at redemption value 5,371   $ 16 5,355      
Contributions 16,200           16,200
Distributions (3,000)           (3,000)
Repurchase of common shares / Repurchase of Class A units owned (in shares)     (1,722,000)        
Repurchase of common shares / Repurchase of Class A units owned (23,250)   $ (69)   (23,181)    
Deferred compensation shares and options 79     85 (6)    
Other comprehensive income (loss) of nonconsolidated subsidiaries 185         185  
Change in fair value of consolidated interest rate hedges and other 61,657         61,657  
Redeemable Class A unit measurement adjustment (43,270)     (41,561)   (1,709)  
Operating Partnership / Redeemable partnership units (4,472)         (4,472)  
Consolidated subsidiaries 0         548 (548)
Ending balance (in shares) at Jun. 30, 2023   48,793,000          
Ending balance at Jun. 30, 2023 $ 5,994,530 $ 1,182,459 $ 7,601 8,331,228 (3,938,202) 151,771 259,673
Ending balance (in shares) at Jun. 30, 2023     190,544,000        
Beginning balance (in shares) at Dec. 31, 2023 48,792,902 48,793,000          
Beginning balance at Dec. 31, 2023 $ 5,705,286 $ 1,182,459 $ 7,594 8,263,291 (4,009,395) 65,115 196,222
Beginning balance (in shares) at Dec. 31, 2023 190,390,703   190,391,000        
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income $ 57,284       57,284    
Net income (loss) attributable to nonredeemable noncontrolling interests in consolidated subsidiaries (9,982)           (9,982)
Dividends on preferred shares (see Note 10 for dividends per share amounts) (31,058)       (31,058)    
Common shares issued:              
Common shares issued upon redemption of Class A units, at redemption value / Upon redemption of redeemable Class A units, at redemption value (in shares)     115,000        
Common shares issued upon redemption of Class A units, at redemption value / Upon redemption of redeemable Class A units, at redemption value 3,040   $ 5 3,035      
Contributions 1,758           1,758
Distributions (185)           (185)
Other comprehensive income (loss) of nonconsolidated subsidiaries (2,227)         (2,227)  
Change in fair value of consolidated interest rate hedges and other 49,401         49,401  
Redeemable Class A unit measurement adjustment 48,143     48,186   (43)  
Operating Partnership / Redeemable partnership units (3,582)         (3,582)  
Consolidated subsidiaries 0         (3,885) 3,885
Other (in shares)     (1,000)        
Other $ 121     145 (25)   1
Ending balance (in shares) at Jun. 30, 2024 48,792,902 48,793,000          
Ending balance at Jun. 30, 2024 $ 5,817,999 $ 1,182,459 $ 7,599 8,314,657 (3,983,194) 104,779 191,699
Ending balance (in shares) at Jun. 30, 2024 190,505,371   190,505,000        
Beginning balance (in shares) at Mar. 31, 2024   48,793,000          
Beginning balance at Mar. 31, 2024 $ 5,734,168 $ 1,182,459 $ 7,598 8,261,568 (4,018,454) 105,916 195,081
Beginning balance (in shares) at Mar. 31, 2024     190,483,000        
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 50,789       50,789    
Net income (loss) attributable to nonredeemable noncontrolling interests in consolidated subsidiaries (5,487)           (5,487)
Dividends on preferred shares (see Note 10 for dividends per share amounts) (15,529)       (15,529)    
Common shares issued:              
Common shares issued upon redemption of Class A units, at redemption value / Upon redemption of redeemable Class A units, at redemption value (in shares)     22,000        
Common shares issued upon redemption of Class A units, at redemption value / Upon redemption of redeemable Class A units, at redemption value 551   $ 1 550      
Contributions 1,488           1,488
Distributions (107)           (107)
Other comprehensive income (loss) of nonconsolidated subsidiaries (1,685)         (1,685)  
Change in fair value of consolidated interest rate hedges and other 1,192         1,192  
Redeemable Class A unit measurement adjustment 52,518     52,539   (21)  
Operating Partnership / Redeemable partnership units 100         100  
Consolidated subsidiaries 0         (723) 723
Other $ 1           1
Ending balance (in shares) at Jun. 30, 2024 48,792,902 48,793,000          
Ending balance at Jun. 30, 2024 $ 5,817,999 $ 1,182,459 $ 7,599 $ 8,314,657 $ (3,983,194) $ 104,779 $ 191,699
Ending balance (in shares) at Jun. 30, 2024 190,505,371   190,505,000