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Interest and Other Investment Income, Net
 12 Months Ended
Dec. 31, 2024
Interest and Other Income [Abstract]  
Interest and Other Investment Income, Net Interest and Other Investment Income, Net
The following table sets forth the details of interest and other investment income, net:
(Amounts in thousands)For the Year Ended December 31,
202420232022
Interest on cash and cash equivalents and restricted cash$42,571 $44,786 $7,553 
Interest on loans receivable3,450 1,351 5,006 
(Loss) income from real estate fund investments(1)
(47)1,590 3,541 
Amortization of discount on investments in U.S. Treasury bills— 3,829 7,075 
Credit losses on investments— (8,269)— 
Other, net— — 235 
$45,974 $43,287 $23,410 
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(1)On November 6, 2024, the $145,000 non-recourse mortgage loan on Lucida, a property owned by the Vornado Capital Partners Real Estate Fund, in which we own a 25% interest, matured and was not repaid.