Income Per Share (Tables)

6 Months Ended

Jun. 30, 2012

Income Per Share Tables [Abstract]

Schedule Of Earnings Per Share Basic And Diluted [Text Block]

			For the Three Months				For the Six Months
(Amounts in thousands, except per share amounts)			Ended June 30,				Ended June 30,
			2012		2011		2012		2011
Numerator:
	Income from continuing operations, net of income
		attributable to noncontrolling interests	$	27,020	$	98,241	$	218,845	$	377,671
	Income from discontinued operations, net of income
		attributable to noncontrolling interests		11,277		10,340		70,974		143,573
	Net income attributable to Vornado			38,297		108,581		289,819		521,244
	Preferred share dividends			(17,787)		(16,668)		(35,574)		(30,116)
	Net income attributable to common shareholders			20,510		91,913		254,245		491,128
	Earnings allocated to unvested participating securities			(40)		(48)		(79)		(184)
	Numerator for basic income per share			20,470		91,865		254,166		490,944
	Impact of assumed conversions:
		Interest on 3.88% exchangeable senior debentures		-		-		-		13,090
		Convertible preferred share dividends		-		-		57		64
	Numerator for diluted income per share		$	20,470	$	91,865	$	254,223	$	504,098
Denominator:
	Denominator for basic income per share –
		weighted average shares		185,673		184,268		185,521		184,129
	Effect of dilutive securities(1):
		3.88% exchangeable senior debentures		-		-		-		5,736
		Employee stock options and restricted share awards		669		1,876		700		1,815
		Convertible preferred shares		-		-		50		56
	Denominator for diluted income per share –
		weighted average shares and assumed conversions		186,342		186,144		186,271		191,736
INCOME PER COMMON SHARE – BASIC:
	Income from continuing operations, net		$	0.05	$	0.44	$	0.99	$	1.89
	Income from discontinued operations, net			0.06		0.06		0.38		0.78
	Net income per common share		$	0.11	$	0.50	$	1.37	$	2.67
INCOME PER COMMON SHARE – DILUTED:
	Income from continuing operations, net		$	0.05	$	0.44	$	0.98	$	1.88
	Income from discontinued operations, net			0.06		0.05		0.38		0.75
	Net income per common share		$	0.11	$	0.49	$	1.36	$	2.63
(1)		The effect of dilutive securities above excludes anti-dilutive weighted average common share equivalent of 14,002 and 18,349 in the three months ended June 30, 2012 and 2011, respectively, and 16,292 and 12,922 in the six months ended June 30, 2012 and 2011, respectively.