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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Real estate, at cost:    
Land $ 2,434,209 $ 2,436,221
Buildings and improvements 10,228,821 9,952,954
Development costs and construction in progress 1,156,060 1,281,076
Leasehold improvements and equipment 133,755 130,953
Total 13,952,845 13,801,204
Less accumulated depreciation and amortization (3,899,475) (3,752,827)
Real estate, net 10,053,370 10,048,377
Right-of-use assets 678,670 680,044
Cash and cash equivalents 872,609 997,002
Restricted cash 244,245 264,582
Tenant and other receivables 71,213 69,543
Investments in partially owned entities 2,711,080 2,610,558
Receivable arising from the straight-lining of rents 706,157 701,666
Deferred leasing costs, net of accumulated amortization of $259,944 and $249,347 354,395 355,010
Identified intangible assets, net of accumulated amortization of $77,549 and $98,589 122,414 127,082
Other assets 396,028 333,801
Assets 16,210,181 16,187,665
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY    
Mortgages payable, net 5,672,086 5,688,020
Senior unsecured notes, net 1,194,894 1,193,873
Unsecured term loan, net 795,254 794,559
Unsecured revolving credit facilities 575,000 575,000
Lease liabilities 741,762 732,859
Accounts payable and accrued expenses 363,457 411,044
Deferred revenue 30,805 32,199
Deferred compensation plan 108,553 105,245
Other liabilities 316,906 311,132
Total liabilities 9,798,717 9,843,931
Commitments and contingencies
Redeemable noncontrolling interests:    
Total redeemable noncontrolling interests 593,465 638,448
Partners' equity:    
Earnings less than distributions (3,983,194) (4,009,395)
Accumulated other comprehensive income 104,779 65,115
Total shareholders' / partners' equity 5,626,300 5,509,064
Noncontrolling interests in consolidated subsidiaries 191,699 196,222
Total equity 5,817,999 5,705,286
Total liabilities, redeemable noncontrolling interests / partnership units and equity 16,210,181 16,187,665
Partnership Interest    
Redeemable noncontrolling interests:    
Class A units - 17,160,821 and 17,000,030 units outstanding 451,158 480,251
Series D cumulative redeemable preferred units - 141,400 units outstanding 3,535 3,535
Total redeemable noncontrolling interests 454,693 483,786
Redeemable noncontrolling interest in a consolidated subsidiary    
Redeemable noncontrolling interests:    
Total redeemable noncontrolling interests 138,772 154,662
Vornado Realty L.P.    
Real estate, at cost:    
Land 2,434,209 2,436,221
Buildings and improvements 10,228,821 9,952,954
Development costs and construction in progress 1,156,060 1,281,076
Leasehold improvements and equipment 133,755 130,953
Total 13,952,845 13,801,204
Less accumulated depreciation and amortization (3,899,475) (3,752,827)
Real estate, net 10,053,370 10,048,377
Right-of-use assets 678,670 680,044
Cash and cash equivalents 872,609 997,002
Restricted cash 244,245 264,582
Tenant and other receivables 71,213 69,543
Investments in partially owned entities 2,711,080 2,610,558
Receivable arising from the straight-lining of rents 706,157 701,666
Deferred leasing costs, net of accumulated amortization of $259,944 and $249,347 354,395 355,010
Identified intangible assets, net of accumulated amortization of $77,549 and $98,589 122,414 127,082
Other assets 396,028 333,801
Assets 16,210,181 16,187,665
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY    
Mortgages payable, net 5,672,086 5,688,020
Senior unsecured notes, net 1,194,894 1,193,873
Unsecured term loan, net 795,254 794,559
Unsecured revolving credit facilities 575,000 575,000
Lease liabilities 741,762 732,859
Accounts payable and accrued expenses 363,457 411,044
Deferred revenue 30,805 32,199
Deferred compensation plan 108,553 105,245
Other liabilities 316,906 311,132
Total liabilities 9,798,717 9,843,931
Commitments and contingencies
Redeemable noncontrolling interests:    
Total redeemable noncontrolling interests 593,465 638,448
Partners' equity:    
Partners' capital 9,504,715 9,453,344
Earnings less than distributions (3,983,194) (4,009,395)
Accumulated other comprehensive income 104,779 65,115
Total shareholders' / partners' equity 5,626,300 5,509,064
Noncontrolling interests in consolidated subsidiaries 191,699 196,222
Total equity 5,817,999 5,705,286
Total liabilities, redeemable noncontrolling interests / partnership units and equity 16,210,181 16,187,665
Vornado Realty L.P. | Partnership Interest    
Redeemable noncontrolling interests:    
Class A units - 17,160,821 and 17,000,030 units outstanding 451,158 480,251
Series D cumulative redeemable preferred units - 141,400 units outstanding 3,535 3,535
Total redeemable noncontrolling interests 454,693 483,786
Vornado Realty L.P. | Redeemable noncontrolling interest in a consolidated subsidiary    
Redeemable noncontrolling interests:    
Total redeemable noncontrolling interests $ 138,772 $ 154,662