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Consolidated Statements of Income (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
REVENUES        
Property rentals $ 33,670 $ 33,482 $ 67,841 $ 67,255
Expense reimbursements 13,632 13,396 28,236 26,924
Total revenues 47,302 46,878 96,077 94,179
EXPENSES        
Operating, including fees to Vornado of $1,002, $1,053, $1,984 and $2,085, respectively 14,476 14,198 30,030 28,739
Depreciation and amortization 7,235 7,169 14,458 14,352
General and administrative, including management fees to Vornado of $595, $540, $1,190 and $1,080, respectively 1,700 1,670 2,773 2,776
Total expenses 23,411 23,037 47,261 45,867
OPERATING INCOME 23,891 23,841 48,816 48,312
Interest and other income, net 388 36 773 70
Interest and debt expense (11,140) (11,311) (22,288) (22,784)
Income from continuing operations 13,139 12,566 27,301 25,598
Income from discontinued operations 0 6,672 0 13,064
Net income 13,139 19,238 27,301 38,662
Net income attributable to the noncontrolling interest 0 (346) 0 (288)
Net income attributable to Alexander's $ 13,139 $ 18,892 $ 27,301 $ 38,374
Income per common share - basic and diluted:        
Income from continuing operations (in dollars per share) $ 2.57 $ 2.46 $ 5.34 $ 5.01
Income from discontinued operations, net (in dollars per share) $ 0 $ 1.24 $ 0 $ 2.50
Net income per common share (in dollars per share) $ 2.57 $ 3.70 $ 5.34 $ 7.51
Weighted average shares outstanding (in shares) 5,108,745 5,107,415 5,108,383 5,107,199
Dividends per common share (in dollars per share) $ 2.75 $ 3.75 $ 5.50 $ 7.50