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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
Real estate, at cost:    
Land $ 44,971 $ 44,971
Buildings and leasehold improvements 866,038 864,609
Development and construction in progress 2,432 2,212
Total 913,441 911,792
Accumulated depreciation and amortization (166,940) (160,826)
Real estate, net 746,501 750,966
Cash and cash equivalents 368,508 353,396
Restricted cash 89,476 90,395
Marketable securities 34,460 31,206
Tenant and other receivables, net of allowance for doubtful accounts of $2,294 and $2,219, respectively 2,377 1,953
Receivable arising from the straight-lining of rents 174,643 173,694
Deferred lease and other property costs, net, including unamortized leasing fees to Vornado of $39,218 and $39,910, respectively 53,517 54,461
Deferred debt issuance costs, net of accumulated amortization of $17,410 and $16,834, respectively 5,018 5,522
Other assets 10,763 20,217
Total assets 1,485,263 1,481,810
Liabilities and Equity    
Mortgages Payable 1,061,953 1,065,916
Amounts due to Vornado 45,623 46,445
Accounts payable and accrued expenses 38,491 33,621
Other liabilities 3,674 3,675
Total liabilities 1,149,741 1,149,657
Commitments and contingencies      
Preferred stock: $1.00 par value per share; authorized, 3,000,000 shares; issued and outstanding, none 0 0
Common stock: $1.00 par value per share; authorized, 10,000,000 shares; issued, 5,173,450 shares; outstanding, 5,105,936 shares 5,173 5,173
Additional capital 29,352 29,352
Retained earnings 296,912 296,797
Accumulated other comprehensive income 4,460 1,206
Equity before treasury stock 335,897 332,528
Treasury stock: 67,514 shares, at cost (375) (375)
Total equity 335,522 332,153
Total liabilities and equity $ 1,485,263 $ 1,481,810