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CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
REVENUES:    
Total revenues $ 459,105 $ 461,579
EXPENSES:    
Operating (246,631) (224,740)
Depreciation and amortization (118,528) (116,155)
General and administrative (42,245) (38,597)
(Expense) income from deferred compensation plan liability (581) 1,089
Transaction related costs and other (762) (43)
Total expenses (408,747) (378,446)
Income from partially owned entities 12,822 96,977
Interest and other investment income, net 9,327 8,261
Income (expense) from deferred compensation plan assets 581 (1,089)
Interest and debt expense (89,206) (95,816)
Net gains on disposition of wholly owned and partially owned assets 0 15,551
(Loss) income before income taxes (16,118) 107,017
Income tax expense (5,908) (7,193)
Net (loss) income (22,026) 99,824
Less net loss (income) attributable to noncontrolling interests in:    
Consolidated subsidiaries 12,690 10,433
Operating Partnership 2,019 (7,889)
Net (loss) income attributable to Vornado (7,317) 102,368
Preferred share dividends/unit distributions (15,525) (15,526)
Net income (loss) attributable to common shareholders/Class A unitholders $ (22,842) $ 86,842
(LOSS) INCOME PER COMMON SHARE - BASIC:    
Net (loss) income per common share (in dollars per share) $ (0.12) $ 0.45
Weighted average shares outstanding (in shares) 189,658 191,371
(LOSS) INCOME PER COMMON SHARE - DILUTED:    
Net (loss) income per common share (in dollars per share) $ (0.12) $ 0.43
Weighted average shares outstanding (in shares) 189,682 200,735
Rental revenues    
REVENUES:    
Total revenues $ 399,184 $ 404,755
Fee and other income    
REVENUES:    
Total revenues $ 59,921 $ 56,824