XML 111 R88.htm IDEA: XBRL DOCUMENT v2.4.1.9
Income Per Class A Unit (Details) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Income Per Unit [Abstract]                      
Income from continuing operations, net of income attributable to noncontrolling interests                 $ 397,622us-gaap_IncomeLossFromContinuingOperations $ 57,118us-gaap_IncomeLossFromContinuingOperations $ 440,381us-gaap_IncomeLossFromContinuingOperations
Income from discontinued operations, net of income attributable to noncontrolling interests                 514,843us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity 443,670us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity 222,142us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
Net income attributable to Vornado Realty L.P.                 912,465us-gaap_NetIncomeLoss 500,788us-gaap_NetIncomeLoss 662,523us-gaap_NetIncomeLoss
Preferred unit distributions                 (81,514)us-gaap_PreferredStockDividendsIncomeStatementImpact (83,965)us-gaap_PreferredStockDividendsIncomeStatementImpact (86,873)us-gaap_PreferredStockDividendsIncomeStatementImpact
Preferred unit redemptions                 0us-gaap_PreferredStockRedemptionDiscount (1,130)us-gaap_PreferredStockRedemptionDiscount 8,948us-gaap_PreferredStockRedemptionDiscount
Net income Attributable to Class A unitholders 544,287us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 139,134us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 81,333us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 66,197us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic (73,042)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 88,037us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 154,775us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 245,923us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 830,951us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 415,693us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 584,598us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Earnings allocated to unvested participating securities                 (4,260)us-gaap_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic (2,705)us-gaap_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic (3,413)us-gaap_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
Numerator for basic income per Class A unit                 826,691vrlp_NumeratorForBasicIncomePerUnit 412,988vrlp_NumeratorForBasicIncomePerUnit 581,185vrlp_NumeratorForBasicIncomePerUnit
Convertible preferred unit distributions                 97us-gaap_ConvertiblePreferredDividendsNetOfTax 0us-gaap_ConvertiblePreferredDividendsNetOfTax 113us-gaap_ConvertiblePreferredDividendsNetOfTax
Numerator for diluted income per Class A unit                 $ 826,788vrlp_NumeratorForDilutedIncomePerUnit $ 412,988vrlp_NumeratorForDilutedIncomePerUnit $ 581,298vrlp_NumeratorForDilutedIncomePerUnit
Denominator for basic income per Class A unit - weighted average units (in units)                 198,213us-gaap_WeightedAverageLimitedPartnershipUnitsOutstanding 197,551us-gaap_WeightedAverageLimitedPartnershipUnitsOutstanding 197,082us-gaap_WeightedAverageLimitedPartnershipUnitsOutstanding
Vornado stock options and restricted unit awards (in units)                 1,557us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements 1,092us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements 1,002us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
Convertible preferred units (in units)                 43us-gaap_IncrementalCommonSharesAttributableToConversionOfPreferredStock 0us-gaap_IncrementalCommonSharesAttributableToConversionOfPreferredStock 50us-gaap_IncrementalCommonSharesAttributableToConversionOfPreferredStock
Denominator for diluted income per Class A unit - weighted average units and assumed conversions (in units)                 199,813us-gaap_WeightedAverageLimitedPartnershipUnitsOutstandingDiluted 198,643us-gaap_WeightedAverageLimitedPartnershipUnitsOutstandingDiluted 198,134us-gaap_WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
INCOME (LOSS) PER CLASS A UNIT - BASIC:                      
Income (loss) from continuing operations, net (in dollars per unit)                 $ 1.57us-gaap_IncomeLossFromContinuingOperationsPerOutstandingLimitedPartnershipUnitBasicNetOfTax $ (0.16)us-gaap_IncomeLossFromContinuingOperationsPerOutstandingLimitedPartnershipUnitBasicNetOfTax $ 1.82us-gaap_IncomeLossFromContinuingOperationsPerOutstandingLimitedPartnershipUnitBasicNetOfTax
Income from discontinued operations, net (in dollars per unit)                 $ 2.60us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerOutstandingLimitedPartnershipUnitBasic $ 2.25us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerOutstandingLimitedPartnershipUnitBasic $ 1.13us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerOutstandingLimitedPartnershipUnitBasic
Net income per Class A unit (in dollars per unit) $ 2.73us-gaap_NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax $ 0.70us-gaap_NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax $ 0.41us-gaap_NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax $ 0.33us-gaap_NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax $ (0.37)us-gaap_NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax $ 0.44us-gaap_NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax $ 0.78us-gaap_NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax $ 1.24us-gaap_NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax $ 4.17us-gaap_NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax $ 2.09us-gaap_NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax $ 2.95us-gaap_NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax
INCOME (LOSS) PER CLASS A UNIT - DILUTED:                      
Income (loss) from continuing operations, net (in dollars per unit)                 $ 1.56us-gaap_IncomeLossFromContinuingOperationsNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted $ (0.15)us-gaap_IncomeLossFromContinuingOperationsNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted $ 1.81us-gaap_IncomeLossFromContinuingOperationsNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted
Income from discontinued operations, net (in dollars per unit)                 $ 2.58us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted1 $ 2.23us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted1 $ 1.12us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted1
Net income per Class A unit (in dollars per unit) $ 2.71us-gaap_NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted $ 0.69us-gaap_NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted $ 0.40us-gaap_NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted $ 0.33us-gaap_NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted $ (0.37)us-gaap_NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted $ 0.44us-gaap_NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted $ 0.78us-gaap_NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted $ 1.23us-gaap_NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted $ 4.14us-gaap_NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted $ 2.08us-gaap_NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted $ 2.93us-gaap_NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted