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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 (Loss)
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 (Loss) 150,978       150,978    
Net income (loss) attributable to nonredeemable noncontrolling interests in consolidated subsidiaries 2,961           2,961
Dividends on common shares (71,950)       (71,950)    
Dividends on preferred shares (see Note 11 for dividends per share amounts) (46,587)       (46,587)    
Common shares issued:              
Common shares issued upon redemption of Class A units, at redemption value / Upon redemption of 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   $ 19 7,154      
Under dividend reinvestment plan (in shares)     6,000        
Under Vornado's dividend reinvestment plan 146     146      
Contributions 22,534           22,534
Distributions (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)   $ (81)   (29,102)    
Deferred compensation shares and options (in shares)     (2,000)        
Deferred compensation shares and options 218     243 (25)    
Other comprehensive income (loss) of nonconsolidated subsidiaries (4,534)         (4,534)  
Change in fair value of consolidated interest rate hedges and other 2,433         2,433  
Redeemable Class A unit measurement adjustment (58,159)     (55,629)   (2,530)  
Unearned 2020 Out-Performance Plan and 2019 Performance AO LTIP awards 20,668     20,668      
Operating Partnership / Redeemable partnership units (26)         (26)  
Consolidated subsidiaries 0         (128) 128
Ending balance (in shares) at Sep. 30, 2023   48,793,000          
Ending balance at Sep. 30, 2023 6,069,221 $ 1,182,459 $ 7,592 8,341,810 (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          
Beginning balance at Jun. 30, 2023 5,994,530 $ 1,182,459 $ 7,601 8,331,228 (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    
Net income (loss) attributable to nonredeemable noncontrolling interests in consolidated subsidiaries (2,350)           (2,350)
Dividends on preferred shares (see Note 11 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 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   $ 3 1,612      
Contributions 206           206
Distributions (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)   $ (12)   (5,921)    
Deferred compensation shares and options (in shares)     (1,000)        
Deferred compensation shares and options 85     74 11    
Other comprehensive income (loss) of nonconsolidated subsidiaries (1,390)         (1,390)  
Change in fair value of consolidated interest rate hedges and other 22,312         22,312  
Redeemable Class A unit measurement adjustment 8,954     8,896   58  
Operating Partnership / Redeemable partnership units (1,634)         (1,634)  
Consolidated subsidiaries 0         (935) 935
Ending balance (in shares) at Sep. 30, 2023   48,793,000          
Ending balance at Sep. 30, 2023 $ 6,069,221 $ 1,182,459 $ 7,592 8,341,810 (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          
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 (Loss) $ 53,658       53,658    
Net income (loss) attributable to nonredeemable noncontrolling interests in consolidated subsidiaries (16,272)           (16,272)
Dividends on preferred shares (see Note 11 for dividends per share amounts) (46,586)       (46,586)    
Common shares issued:              
Common shares issued upon redemption of Class A units, at redemption value / Upon redemption of 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   $ 11 7,808      
Conversion of Series A preferred units to common shares (in shares)     1,000        
Conversion of Series A preferred units to common shares 0 $ (10)   10      
Contributions 1,851           1,851
Distributions (1,183)           (1,183)
Other comprehensive income (loss) of nonconsolidated subsidiaries (21,215)         (21,215)  
Change in fair value of consolidated interest rate hedges and other (49,539)         (49,539)  
Redeemable Class A unit measurement adjustment (180,547)     (180,531)   (16)  
Operating Partnership / Redeemable partnership units 5,872         5,872  
Consolidated subsidiaries 0         (695) 695
Other (in shares)     (1,000)        
Other $ 126     145 (22)   3
Ending balance (in shares) at Sep. 30, 2024 48,792,504 48,793,000          
Ending balance at Sep. 30, 2024 $ 5,459,270 $ 1,182,449 $ 7,605 8,090,723 (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          
Beginning balance at Jun. 30, 2024 $ 5,817,999 $ 1,182,459 $ 7,599 8,314,657 (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)    
Net income (loss) attributable to nonredeemable noncontrolling interests in consolidated subsidiaries (6,290)           (6,290)
Dividends on preferred shares (see Note 11 for dividends per share amounts) (15,528)       (15,528)    
Common shares issued:              
Common shares issued upon redemption of Class A units, at redemption value / Upon redemption of 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   $ 6 4,773      
Conversion of Series A preferred units to common shares (in shares)     1,000        
Conversion of Series A preferred units to common shares 0 $ (10)   10      
Contributions 93           93
Distributions (998)           (998)
Other comprehensive income (loss) of nonconsolidated subsidiaries (18,988)         (18,988)  
Change in fair value of consolidated interest rate hedges and other (98,940)         (98,940)  
Redeemable Class A unit measurement adjustment (228,690)     (228,717)   27  
Operating Partnership / Redeemable partnership units 9,454         9,454  
Consolidated subsidiaries 0         3,190 (3,190)
Other $ 5       3   2
Ending balance (in shares) at Sep. 30, 2024 48,792,504 48,793,000          
Ending balance at Sep. 30, 2024 $ 5,459,270 $ 1,182,449 $ 7,605 $ 8,090,723 $ (4,002,345) $ (478) $ 181,316
Ending balance (in shares) at Sep. 30, 2024 190,649,061   190,649,000