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Income (Loss) Per Share and Per Class A Unit (Tables)
3 Months Ended
Mar. 31, 2025
Earnings per share  
Schedule Of Earnings Per Share Basic And Diluted
(Amounts in thousands, except per share amounts)For the Three Months Ended March 31,
20252024
Numerator:
Net income attributable to Vornado$102,368 $6,495 
Preferred share dividends(15,526)(15,529)
Net income (loss) attributable to common shareholders86,842 (9,034)
Distributions and earnings allocated to unvested participating securities— — 
Numerator for basic income (loss) per common share86,842 (9,034)
Impact of assumed conversion of dilutive convertible securities283 — 
Numerator for diluted income (loss) per common share$87,125 $(9,034)
Denominator:
Denominator for basic income (loss) per common share - weighted average shares191,371 190,429 
Effect of dilutive securities(1):
Share-based payment awards8,161 — 
Convertible securities1,203 — 
Denominator for diluted income (loss) per common share - weighted average shares and assumed conversions200,735 190,429 
 INCOME (LOSS) PER COMMON SHARE:
Basic$0.45 $(0.05)
Diluted$0.43 $(0.05)
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(1)The calculation of diluted income (loss) per common share for the three months ended March 31, 2025 excluded 49 potential common share equivalents of our convertible securities, as their inclusion would be antidilutive.
Vornado Realty L.P.  
Earnings per share  
Schedule Of Earnings Per Share Basic And Diluted
(Amounts in thousands, except per unit amounts)For the Three Months Ended March 31,
20252024
Numerator:
Net income attributable to Vornado Realty L.P.$110,257 $5,709 
Preferred unit distributions(15,555)(15,558)
Net income (loss) attributable to Class A unitholders94,702 (9,849)
Distributions and earnings allocated to unvested participating securities(1,331)— 
Numerator for basic income (loss) per Class A unit93,371 (9,849)
Impact of assumed conversion of dilutive convertible securities283 — 
Numerator for diluted income (loss) per Class A unit$93,654 $(9,849)
Denominator:
Denominator for basic income (loss) per Class A unit - weighted average shares205,761 204,873 
Effect of dilutive securities(1):
Unit-based payment awards8,161 — 
Convertible securities1,203 — 
Denominator for diluted income (loss) per Class A unit - weighted average shares and assumed conversions215,125 204,873 
 INCOME (LOSS) PER CLASS A UNIT:
Basic$0.45 $(0.05)
Diluted$0.44 $(0.05)
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(1)The calculation of diluted income (loss) per Class A unit for the three months ended March 31, 2025 excluded 49 potential Class A unit equivalents of our convertible securities, as their inclusion would be antidilutive.