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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
REVENUES:    
Total revenues $ 461,579 $ 436,375
EXPENSES:    
Operating (224,740) (226,224)
Depreciation and amortization (116,155) (108,659)
General and administrative (38,597) (37,897)
Income (expense) from deferred compensation plan liability 1,089 (4,520)
Transaction related costs and other (43) (653)
Total expenses (378,446) (377,953)
Income from partially owned entities 96,977 16,279
Interest and other investment income, net 8,261 11,724
(Expense) income from deferred compensation plan assets (1,089) 4,520
Interest and debt expense (95,816) (90,478)
Stock-based compensation expense 15,551 0
Income before income taxes 107,017 467
Income tax expense (7,193) (6,740)
Net income (loss) 99,824 (6,273)
Less net loss (income) attributable to noncontrolling interests in:    
Consolidated subsidiaries 10,433 11,982
Operating Partnership (7,889) 786
Net income attributable to Vornado 102,368 6,495
Preferred share dividends (15,526) (15,529)
Net Income (Loss) attributable to Class A unitholders $ 86,842 $ (9,034)
INCOME (LOSS) PER COMMON SHARE - BASIC:    
Net income (loss) per common share (in dollars per share) $ 0.45 $ (0.05)
Weighted average shares outstanding (in shares) 191,371 190,429
INCOME (LOSS) PER COMMON SHARE - DILUTED:    
Net income (loss) per common share (in dollars per share) $ 0.43 $ (0.05)
Weighted average shares outstanding (in shares) 200,735 190,429
Rental revenues    
REVENUES:    
Total revenues $ 404,755 $ 389,278
Fee and other income    
REVENUES:    
Total revenues $ 56,824 $ 47,097