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Stock-based Compensation (Tables)
 12 Months Ended
Dec. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock-based Compensation Expense Below is a summary of our stock-based compensation expense, a component of "general and administrative" expense on our consolidated statements of income.
 (Amounts in thousands)For the Year Ended December 31,
 202520242023
LTIP Units
$12,090 $14,044 $22,179 
Performance AO LTIP Units
11,103 12,774 11,426 
LTPP Units
1,901 2,519 7,189 
OPP Units
385 835 1,992 
Vornado stock options— — 162 
Vornado restricted stock— — 159 
AO LTIP Units
— — 94 
$25,479 $30,172 $43,201 
Schedule of Unrecognized Compensation Expense
Below is a summary of unrecognized stock-based compensation expense as of December 31, 2025.
(Amounts in thousands)As of December 31, 2025Weighted-Average
Remaining Amortization Period
Performance AO LTIP Units$13,124 1.4
LTIP Units7,716 1.2
LTPP Units660 1.0
$21,500 1.3
Schedule of Share Based Compensation Stock Options Activity
Below is a summary of Vornado’s stock option activity for the year ended December 31, 2025.
SharesWeighted-
Average
Exercise
Price		Weighted-
Average
Remaining
Contractual
Term
Outstanding as of December 31, 2024140,989 $64.61  
Exercised(1,154)36.26  
Expired(15,230)82.38  
Outstanding as of December 31, 2025124,605 $62.70 2.71
Options exercisable as of December 31, 2025124,605 $62.70 2.71
Below is a summary of AO LTIP Units activity for the year ended December 31, 2025.
SharesWeighted-
Average
Exercise
Price		Weighted-
Average
Remaining
Contractual
Term
Outstanding as of December 31, 2024535,867 $59.52  
Outstanding as of December 31, 2025535,867 $59.52 3.26
Options exercisable as of December 31, 2025535,867 $59.52 3.26
Schedule of Share-Based Payment Award, Employee Stock Purchase Plan, Valuation Assumptions The fair value of each Performance AO LTIP Unit granted was estimated on the date of grant using an option-pricing model with the following weighted-average assumptions for grants in the year ended December 31, 2023:
Expected volatility33%
Risk free interest rate4%
Expected dividend yield6%
Schedule of Performance AO LTIP Units Activity
Below is a summary of Performance AO LTIP Units activity for the year ended December 31, 2025.
SharesWeighted-
Average
Exercise
Price		Weighted-
Average
Remaining
Contractual
Term
Outstanding as of December 31, 202414,484,260 $16.68  
Outstanding as of December 31, 202514,484,260 $16.68 7.50
Options exercisable as of December 31, 2025— $— — 
Schedule of Share Based Compensation Restricted Operating Partnership Units Activity
Below is a summary of restricted LTIP unit activity for the year ended December 31, 2025.
Unvested UnitsUnitsWeighted-Average
Grant-Date
Fair Value
Unvested as of December 31, 20242,919,095 $15.97 
Granted83,477 28.06 
Vested(328,481)27.24 
Unvested as of December 31, 20252,674,091 14.96