Income Per Class A Unit (Tables)

6 Months Ended

Jun. 30, 2013

Income Per Share Tables [Abstract]

Schedule Of Earnings Per Class A Unit Basic And Diluted [Table Text Block]

			For the Three Months				For the Six Months
(Amounts in thousands, except per unit amounts)			Ended June 30,				Ended June 30,
			2013		2012		2013		2012
Numerator:
	Income from continuing operations		$	118,331	$	40,359	$	200,126	$	249,252
	Income from discontinued operations			63,990		17,869		271,122		89,240
	Net income			182,321		58,228		471,248		338,492
	Less net income attributable to noncontrolling interests in
		consolidated subsidiaries		(14,930)		(14,721)		(26,216)		(24,318)
	Net income attributable to Vornado Realty L.P.			167,391		43,507		445,032		314,174
	Preferred unit distributions			(20,716)		(21,660)		(43,204)		(43,321)
	Preferred unit redemptions			8,100		-		(1,130)		-
	Net income attributable to Class A unitholders			154,775		21,847		400,698		270,853
	Earnings allocated to unvested participating securities			(705)		(611)		(1,700)		(1,305)
	Numerator for basic income per Class A unit			154,070		21,236		398,998		269,548
	Impact of assumed conversions:
		Convertible preferred unit distributions		27		-		-		57
	Numerator for diluted income per Class A unit		$	154,097	$	21,236	$	398,998	$	269,605
Denominator:
	Denominator for basic income per Class A unit – weighted
		average units		197,569		197,131		197,466		196,997
	Effect of dilutive securities(1):
		Vornado stock options and restricted unit awards		1,049		981		1,056		1,051
		Convertible preferred units		47		-		-		50
	Denominator for diluted income per Class A unit – weighted average
		units and assumed conversions		198,665		198,112		198,522		198,098
INCOME PER CLASS A UNIT – BASIC:
	Income from continuing operations		$	0.46	$	0.02	$	0.65	$	0.92
	Income from discontinued operations			0.32		0.09		1.37		0.45
	Net income per Class A unit		$	0.78	$	0.11	$	2.02	$	1.37
INCOME PER CLASS A UNIT – DILUTED:
	Income from continuing operations		$	0.46	$	0.02	$	0.64	$	0.91
	Income from discontinued operations			0.32		0.09		1.37		0.45
	Net income per Class A unit		$	0.78	$	0.11	$	2.01	$	1.36
(1)		The effect of dilutive securities in the three months ended June 30, 2013 and 2012 excludes an aggregate of 968 and 2,232 weighted average Class A unit equivalents, respectively, and 1,016 and 4,465 weighted average Class A unit equivalents in the six months ended June 30, 2013 and 2012, respectively, as their effect was anti-dilutive.