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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 19,424 $ 17,812
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization (including amortization of debt issuance costs) 9,505 8,949
Straight-lining of rental income (1,469) (3,743)
Changes in operating assets and liabilities:    
Accounts receivable, net (677) (410)
Other assets 10,481 9,065
Amounts due to Vornado (655) 572
Accounts payable and accrued expenses 7,009 8,320
Income tax liability of taxable REIT subsidiary 7 (11)
Other liabilities (7) (7)
Net cash provided by operating activities 43,618 40,547
CASH FLOWS FROM INVESTING ACTIVITIES    
Proceeds from maturing short-term investments 5,000 23,000
Construction in progress and real estate additions (2,709) (6,177)
Restricted cash 968 (3,520)
Net cash provided by investing activities 3,259 13,303
CASH FLOWS FROM FINANCING ACTIVITIES    
Dividends paid (19,151) (15,318)
Debt repayments (3,698) (3,809)
Debt issuance costs (395) (12)
Net cash used in financing activities (23,244) (19,139)
Net increase in cash and cash equivalents 23,633 34,711
Cash and cash equivalents at beginning of period 506,619 397,220
Cash and cash equivalents at end of period 530,252 431,931
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Cash payments for interest 12,258 13,025
NON-CASH TRANSACTIONS    
Non-cash additions to real estate included in accounts payable and accrued expenses 1,806 3,594
Write-off of fully amortized and depreciated assets $ 624 $ 1,503