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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Real estate, at cost:    
Land $ 3,170,158 $ 3,143,648
Buildings and improvements 9,946,225 9,898,605
Development costs and construction in progress 1,705,244 1,615,101
Leasehold improvements and equipment 104,710 98,941
Total 14,926,337 14,756,295
Less accumulated depreciation and amortization (2,962,983) (2,885,283)
Real estate, net 11,963,354 11,871,012
Cash and cash equivalents 1,327,384 1,817,655
Restricted cash 90,684 97,157
Marketable securities 149,766 182,752
Tenant and other receivables, net of allowance for doubtful accounts of $5,171 and $5,526 64,387 58,700
Investments in partially owned entities 1,033,228 1,056,829
Real estate fund investments 336,552 354,804
Receivable arising from the straight-lining of rents, net of allowance of $739 and $954 934,535 926,711
Deferred leasing costs, net of accumulated amortization of $194,078 and $191,827 405,209 403,492
Identified intangible assets, net of accumulated amortization of $157,062 and $150,837 152,834 159,260
Assets related to discontinued operations 275 1,357
Other assets 406,275 468,205
Assets 16,864,483 17,397,934
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY    
Mortgages payable, net 8,102,238 8,137,139
Senior unsecured notes, net 843,125 843,614
Unsecured term loan, net 749,114 748,734
Unsecured revolving credit facilities 80,000 0
Accounts payable and accrued expenses 431,094 415,794
Deferred revenue 200,648 227,069
Deferred compensation plan 109,525 109,177
Liabilities related to discontinued operations 1,176 3,620
Preferred shares/units redeemed on January 4 and 11, 2018 0 455,514
Other liabilities 465,659 464,635
Total liabilities 10,982,579 11,405,296
Commitments and contingencies
Redeemable noncontrolling interests:    
Class A units - 12,653,821 and 12,528,899 units outstanding 851,598 979,509
Series D cumulative redeemable preferred units - 177,101 units outstanding 5,428 5,428
Total redeemable noncontrolling interests and equity 857,026 984,937
Vornado's shareholders' equity:    
Preferred shares of beneficial interest: no par value per share; authorized 110,000,000 shares; issued and outstanding 36,799,573 shares 891,325 891,988
Common shares of beneficial interest: $0.04 par value per share; authorized 250,000,000 shares; issued and outstanding 190,169,168 and 189,983,858 shares 7,584 7,577
Additional capital 7,629,013 7,492,658
Earnings less than distributions (4,198,088) (4,183,253)
Accumulated other comprehensive income 30,258 128,682
Total Vornado shareholders' equity 4,360,092 4,337,652
Noncontrolling interests in consolidated subsidiaries 664,786 670,049
Total equity 5,024,878 5,007,701
Total liabilities, redeemable noncontrolling interests / partnership units and equity 16,864,483 17,397,934
Vornado Realty L.P.    
Real estate, at cost:    
Land 3,170,158 3,143,648
Buildings and improvements 9,946,225 9,898,605
Development costs and construction in progress 1,705,244 1,615,101
Leasehold improvements and equipment 104,710 98,941
Total 14,926,337 14,756,295
Less accumulated depreciation and amortization (2,962,983) (2,885,283)
Real estate, net 11,963,354 11,871,012
Cash and cash equivalents 1,327,384 1,817,655
Restricted cash 90,684 97,157
Marketable securities 149,766 182,752
Tenant and other receivables, net of allowance for doubtful accounts of $5,171 and $5,526 64,387 58,700
Investments in partially owned entities 1,033,228 1,056,829
Real estate fund investments 336,552 354,804
Receivable arising from the straight-lining of rents, net of allowance of $739 and $954 934,535 926,711
Deferred leasing costs, net of accumulated amortization of $194,078 and $191,827 405,209 403,492
Identified intangible assets, net of accumulated amortization of $157,062 and $150,837 152,834 159,260
Assets related to discontinued operations 275 1,357
Other assets 406,275 468,205
Assets 16,864,483 17,397,934
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY    
Mortgages payable, net 8,102,238 8,137,139
Senior unsecured notes, net 843,125 843,614
Unsecured term loan, net 749,114 748,734
Unsecured revolving credit facilities 80,000 0
Accounts payable and accrued expenses 431,094 415,794
Deferred revenue 200,648 227,069
Deferred compensation plan 109,525 109,177
Liabilities related to discontinued operations 1,176 3,620
Preferred shares/units redeemed on January 4 and 11, 2018 0 455,514
Other liabilities 465,659 464,635
Total liabilities 10,982,579 11,405,296
Commitments and contingencies
Redeemable noncontrolling interests:    
Class A units - 12,653,821 and 12,528,899 units outstanding 851,598 979,509
Series D cumulative redeemable preferred units - 177,101 units outstanding 5,428 5,428
Total redeemable noncontrolling interests and equity 857,026 984,937
Vornado's shareholders' equity:    
Equity: 8,527,922 8,392,223
Earnings less than distributions (4,198,088) (4,183,253)
Accumulated other comprehensive income 30,258 128,682
Total Vornado shareholders' equity 4,360,092 4,337,652
Noncontrolling interests in consolidated subsidiaries 664,786 670,049
Total equity 5,024,878 5,007,701
Total liabilities, redeemable noncontrolling interests / partnership units and equity $ 16,864,483 $ 17,397,934