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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Thousands
Total
Preferred Stock
Earnings Less Than Distributions
Accumulated Other Comprehensive Income
Non-controlling Interests in Consolidated Subsidiaries
Vornado Realty L.P.
Vornado Realty L.P.
Preferred Stock
Vornado Realty L.P.
Class A Units Owned by Vornado
Vornado Realty L.P.
Earnings Less Than Distributions
Vornado Realty L.P.
Accumulated Other Comprehensive Income
Vornado Realty L.P.
Non-controlling Interests in Consolidated Subsidiaries
Beginning balance (in shares) at Dec. 31, 2022   48,793,000         48,793,000        
Beginning balance at Dec. 31, 2022 $ 6,076,380 $ 1,182,459 $ (3,894,580) $ 174,967 $ 236,652 $ 6,076,380 $ 1,182,459 $ 8,376,882 $ (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 (loss) 150,978   150,978     159,751     159,751    
Net (income) loss attributable to redeemable partnership units (8,773)         (8,773)     (8,773)    
Net income (loss) attributable to nonredeemable noncontrolling interests in consolidated subsidiaries 2,961       2,961 2,961         2,961
Distributions to Vornado           (71,950)     (71,950)    
Distributions to preferred unitholders (see Note 11 for distributions per unit amounts) (46,587)   (46,587)     (46,587)     (46,587)    
Class A units issued to Vornado:                      
Class A units redeemed for common shares/ Upon redemption of redeemable Class A units, at redemption value (in shares)               475,000      
Common shares issued upon redemption of Class A units, at redemption value / Upon redemption of Class A units, at redemption value 7,173         7,173   $ 7,173      
Under Vornado's dividend reinvestment plan (in shares)               6,000      
Under Vornado's dividend reinvestment plan 146         146   $ 146      
Contributions 22,534       22,534 22,534         22,534
Distributions (3,831)       (3,831) (3,831)         (3,831)
Repurchase of common shares / Repurchase of Class A units owned (in shares)               (2,024,000)      
Repurchase of common shares / Repurchase of Class A units owned (29,183)   (29,102)     (29,183)   $ (81) (29,102)    
Deferred compensation units and options (in shares)               (2,000)      
Deferred compensation units and options 218   (25)     218   $ 243 (25)    
Other comprehensive income (loss) of nonconsolidated subsidiaries (4,534)     (4,534)   (4,534)       (4,534)  
Change in fair value of consolidated interest rate hedges and other 2,433     2,433   2,433       2,433  
Redeemable Class A unit measurement adjustment (58,159)     (2,530)   (58,159)   (55,629)   (2,530)  
Unearned 2020 Out-Performance Plan and 2019 Performance AO LTIP awards 20,668         20,668   20,668      
Operating Partnership / Redeemable partnership units (26)     (26)   (26)       (26)  
Consolidated subsidiaries 0     (128) 128 0       (128) 128
Ending balance (in shares) at Sep. 30, 2023   48,793,000         48,793,000        
Ending balance at Sep. 30, 2023 6,069,221 $ 1,182,459 (3,891,266) 170,182 258,444 6,069,221 $ 1,182,459 $ 8,349,402 (3,891,266) 170,182 258,444
Ending balance (in shares) at Sep. 30, 2023               190,322,000      
Beginning balance (in shares) at Jun. 30, 2023   48,793,000         48,793,000        
Beginning balance at Jun. 30, 2023 5,994,530 $ 1,182,459 (3,938,202) 151,771 259,673 5,994,530 $ 1,182,459 $ 8,338,829 (3,938,202) 151,771 259,673
Beginning balance (in shares) at Jun. 30, 2023               190,544,000      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income (loss) 68,375   68,375     73,111     73,111    
Net (income) loss attributable to redeemable partnership units (4,736)         (4,736)     (4,736)    
Net income (loss) attributable to nonredeemable noncontrolling interests in consolidated subsidiaries (2,350)       (2,350) (2,350)         (2,350)
Distributions to preferred unitholders (see Note 11 for distributions per unit amounts) (15,529)   (15,529)     (15,529)     (15,529)    
Class A units issued to Vornado:                      
Class A units redeemed for common shares/ Upon redemption of redeemable Class A units, at redemption value (in shares)               81,000      
Common shares issued upon redemption of Class A units, at redemption value / Upon redemption of Class A units, at redemption value 1,615         1,615   $ 1,615      
Contributions 206       206 206         206
Distributions (20)       (20) (20)         (20)
Repurchase of common shares / Repurchase of Class A units owned (in shares)               (302,000)      
Repurchase of common shares / Repurchase of Class A units owned (5,933)   (5,921)     (5,933)   $ (12) (5,921)    
Deferred compensation units and options (in shares)               (1,000)      
Deferred compensation units and options 85   11     85   $ 74 11    
Other comprehensive income (loss) of nonconsolidated subsidiaries (1,390)     (1,390)   (1,390)       (1,390)  
Change in fair value of consolidated interest rate hedges and other 22,312     22,312   22,312       22,312  
Redeemable Class A unit measurement adjustment 8,954     58   8,954   8,896   58  
Operating Partnership / Redeemable partnership units (1,634)     (1,634)   (1,634)       (1,634)  
Consolidated subsidiaries 0     (935) 935 0       (935) 935
Ending balance (in shares) at Sep. 30, 2023   48,793,000         48,793,000        
Ending balance at Sep. 30, 2023 $ 6,069,221 $ 1,182,459 (3,891,266) 170,182 258,444 6,069,221 $ 1,182,459 $ 8,349,402 (3,891,266) 170,182 258,444
Ending balance (in shares) at Sep. 30, 2023               190,322,000      
Beginning balance (in shares) at Dec. 31, 2023 48,792,902 48,793,000         48,793,000        
Beginning balance at Dec. 31, 2023 $ 5,705,286 $ 1,182,459 (4,009,395) 65,115 196,222 5,705,286 $ 1,182,459 $ 8,270,885 (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 (loss) $ 53,658   53,658     54,382     54,382    
Net (income) loss attributable to redeemable partnership units (724)         (724)     (724)    
Net income (loss) attributable to nonredeemable noncontrolling interests in consolidated subsidiaries (16,272)       (16,272) (16,272)         (16,272)
Distributions to preferred unitholders (see Note 11 for distributions per unit amounts) (46,586)   (46,586)     (46,586)     (46,586)    
Class A units issued to Vornado:                      
Class A units redeemed for common shares/ Upon redemption of redeemable Class A units, at redemption value (in shares)               258,000      
Common shares issued upon redemption of Class A units, at redemption value / Upon redemption of Class A units, at redemption value 7,819         7,819   $ 7,819      
Conversion of Series A preferred units to common shares (in shares)               1,000      
Conversion of Series A preferred units to common shares 0 $ 10       0 $ (10) $ 10      
Contributions 1,851       1,851 1,851         1,851
Distributions (1,183)       (1,183) (1,183)         (1,183)
Other comprehensive income (loss) of nonconsolidated subsidiaries (21,215)     (21,215)   (21,215)       (21,215)  
Change in fair value of consolidated interest rate hedges and other (49,539)     (49,539)   (49,539)       (49,539)  
Redeemable Class A unit measurement adjustment (180,547)     (16)   (180,547)   $ (180,531)   (16)  
Operating Partnership / Redeemable partnership units 5,872     5,872   5,872       5,872  
Consolidated subsidiaries 0     (695) 695 0       (695) 695
Other (in shares)               (1,000)      
Other $ 126   (22)   3 126   $ 145 (22)   3
Ending balance (in shares) at Sep. 30, 2024 48,792,504 48,793,000         48,793,000        
Ending balance at Sep. 30, 2024 $ 5,459,270 $ 1,182,449 (4,002,345) (478) 181,316 5,459,270 $ 1,182,449 $ 8,098,328 (4,002,345) (478) 181,316
Ending balance (in shares) at Sep. 30, 2024 190,649,061             190,649,000      
Beginning balance (in shares) at Jun. 30, 2024   48,793,000         48,793,000        
Beginning balance at Jun. 30, 2024 $ 5,817,999 $ 1,182,459 (3,983,194) 104,779 191,699 5,817,999 $ 1,182,459 $ 8,322,256 (3,983,194) 104,779 191,699
Beginning balance (in shares) at Jun. 30, 2024               190,505,000      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income (loss) (3,626)   (3,626)     (5,316)     (5,316)    
Net (income) loss attributable to redeemable partnership units 1,690         1,690     1,690    
Net income (loss) attributable to nonredeemable noncontrolling interests in consolidated subsidiaries (6,290)       (6,290) (6,290)         (6,290)
Distributions to preferred unitholders (see Note 11 for distributions per unit amounts) (15,528)   (15,528)     (15,528)     (15,528)    
Class A units issued to Vornado:                      
Class A units redeemed for common shares/ Upon redemption of redeemable Class A units, at redemption value (in shares)               143,000      
Common shares issued upon redemption of Class A units, at redemption value / Upon redemption of Class A units, at redemption value 4,779         4,779   $ 4,779      
Conversion of Series A preferred units to common shares (in shares)               1,000      
Conversion of Series A preferred units to common shares 0 $ 10       0 $ (10) $ 10      
Contributions 93       93 93         93
Distributions (998)       (998) (998)         (998)
Other comprehensive income (loss) of nonconsolidated subsidiaries (18,988)     (18,988)   (18,988)       (18,988)  
Change in fair value of consolidated interest rate hedges and other (98,940)     (98,940)   (98,940)       (98,940)  
Redeemable Class A unit measurement adjustment (228,690)     27   (228,690)   (228,717)   27  
Operating Partnership / Redeemable partnership units 9,454     9,454   9,454       9,454  
Consolidated subsidiaries 0     3,190 (3,190) 0       3,190 (3,190)
Other $ 5   3   2 5     3   2
Ending balance (in shares) at Sep. 30, 2024 48,792,504 48,793,000         48,793,000        
Ending balance at Sep. 30, 2024 $ 5,459,270 $ 1,182,449 $ (4,002,345) $ (478) $ 181,316 $ 5,459,270 $ 1,182,449 $ 8,098,328 $ (4,002,345) $ (478) $ 181,316
Ending balance (in shares) at Sep. 30, 2024 190,649,061             190,649,000