XML 63 R40.htm IDEA: XBRL DOCUMENT v3.10.0.1
Real Estate Fund Investments (Tables)
12 Months Ended
Dec. 31, 2018
Real Estate Fund Investments [Abstract]  
Schedule Of Income And Loss From The Fund
Below is a summary of (loss) income from the Fund and the Crowne Plaza Joint Venture for the years ended December 31, 2018, 2017 and 2016.    
 
(Amounts in thousands)
For the Year Ended December 31,
 
2018
 
2017
 
2016
Net investment income
$
6,105

 
$
18,507

 
$
17,053

Net unrealized loss on held investments
(83,794
)
 
(25,807
)
 
(41,162
)
Net realized (loss) gain on exited investments
(912
)
 
36,078

 
14,761

Previously recorded unrealized gain on exited investment

 
(25,538
)
 
(14,254
)
Transfer Tax
(10,630
)
 

 

(Loss) income from real estate fund investments
(89,231
)
 
3,240

 
(23,602
)
Less loss (income) attributable to noncontrolling interests in consolidated subsidiaries
61,230

 
(14,044
)
 
2,560

Loss from real estate fund investments attributable to the Operating Partnership (includes $4,252 of loss related to One Park Avenue potential additional transfer taxes and reduction in carried interest for the year ended December 31, 2018)
(28,001
)
 
(10,804
)
 
(21,042
)
Less loss attributable to noncontrolling interests in the Operating Partnership
1,732

 
673

 
1,270

Loss from real estate fund investments attributable to Vornado
$
(26,269
)
 
$
(10,131
)
 
$
(19,772
)