000400 - Consolidated Statements of Cash Flows (USD $) In Thousands	6 Months Ended
	Jun. 30, 2011	Jun. 30, 2010
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 38,007	$ 31,265
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization (including amortization of debt issuance costs)	18,254	16,982
Straight-lining of rental income	(7,082)	(7,931)
Stock-based compensation expense	300	0
Changes in operating assets and liabilities:
Accounts receivable, net	1,435	294
Other assets	(22,642)	6,827
Amounts due to Vornado	(469)	47
Accounts payable and accrued expenses	(3,709)	(7,247)
Income tax liability of taxable REIT subsidiary	34	350
Other liabilities	(15)	(48)
Net cash provided by operating activities	24,113	40,539
CASH FLOW FROM INVESTING ACTIVITIES
Proceeds from maturing short-term investments	23,000	40,000
Construction in progress and real estate additions	(8,039)	(23,715)
Restricted cash	(2,583)	5,750
Net cash provided by investing activities	12,378	22,035
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from borrowings	250,000	16,204
Debt repayments	(157,090)	(35,348)
Dividends paid	(30,636)	(12,765)
Debt issuance costs	(4,435)	0
Distributions to noncontrolling interests	(600)	0
Net cash provided by (used in) financing activities	57,239	(31,909)
Net increase in cash and cash equivalents	93,730	30,665
Cash and cash equivalents at beginning of period	397,220	412,734
Cash and cash equivalents at end of period	490,950	443,399
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION
Cash payments for interest (of which $956 was capitalized in 2010)	28,516	26,994
Cash payments for income taxes	0	43
NON-CASH TRANSACTIONS
Non-cash additions to real estate included in accounts payable and accrued expenses	2,391	0
Write-off of fully amortized and depreciated assets	$ 6,510	$ 674