XML 62 R45.htm IDEA: XBRL DOCUMENT v3.25.1
Interest and Other Investment Income, Net (Tables)
 3 Months Ended
Mar. 31, 2025
Interest and Other Income [Abstract]  
Schedule of 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 Three Months Ended March 31,
20252024
Interest on cash and cash equivalents and restricted cash$6,961 $11,689 
Interest on loans receivable1,157 — 
Income from real estate fund investments(1)
143 35 
$8,261 $11,724 
____________________
(1)On November 6, 2024, the $145,000 non-recourse mortgage loan on The Lucida, a property owned by the Vornado Capital Partners Real Estate Fund, in which we own a 25% interest and consolidate, matured and was not repaid. As we have no carrying value or contingent liabilities related to The Lucida, this results in no impact to our consolidated financial statements.