XML 58 R41.htm IDEA: XBRL DOCUMENT v3.25.3
Redeemable Noncontrolling Interests (Tables)
9 Months Ended
Sep. 30, 2025
Noncontrolling Interest [Abstract]  
Schedule of Activity of Redeemable Noncontrolling Interests
Below is a table summarizing the activity of redeemable noncontrolling partnership units.
(Amounts in thousands)For the Three Months Ended September 30,For the Nine Months Ended September 30,
2025202420252024
Beginning balance$642,465 $454,693 $711,943 $483,786 
Net income (loss)1,036 (1,690)73,788 724 
Other comprehensive loss(509)(9,454)(4,780)(5,872)
Distributions(29)(29)(551)(86)
Redemption of Class A units for Vornado common shares, at redemption value(551)(4,779)(49,129)(7,819)
Redeemable Class A unit measurement adjustment32,228 228,690 (70,160)180,547 
Other, net5,514 6,509 19,043 22,660 
Ending balance$680,154 $673,940 $680,154 $673,940 
Below is a table summarizing the activity of the redeemable noncontrolling interest in a consolidated subsidiary.
(Amounts in thousands)For the Three Months Ended September 30,For the Nine Months Ended September 30,
2025202420252024
Beginning balance$107,632 $138,772 $122,715 $154,662 
Net loss(7,769)(7,862)(22,195)(23,752)
Contributions1,254 3,339 1,254 3,339 
Distributions— — (657)— 
Ending balance$101,117 $134,249 $101,117 $134,249