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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 41,125 $ 58,010
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization, including amortization of debt issuance costs 23,535 28,488
Straight-lining of rental income (3,022) (3,824)
Stock-based compensation expense 394 300
Reduction of income tax liability (206) 0
Change in operating assets and liabilities:    
Tenant and other receivables, net (348) (1,083)
Other assets (10,036) (15,703)
Amounts due to Vornado (2,413) (1,546)
Accounts payable and accrued expenses 5,274 8,034
Other liabilities (40) 0
Net cash provided by operating activities 54,263 72,676
CASH FLOWS FROM INVESTING ACTIVITIES    
Construction in progress and real estate additions (5,931) (6,502)
Restricted cash (75) (416)
Proceeds from maturing short-term investments 0 5,000
Net cash used in investing activities (6,006) (1,918)
CASH FLOWS FROM FINANCING ACTIVITIES    
Dividends paid (42,145) (57,458)
Debt repayments (11,870) (11,156)
Debt issuance costs (85) (400)
Net cash used in financing activities (54,100) (69,014)
Net (decrease) increase in cash and cash equivalents (5,843) 1,744
Cash and cash equivalents at beginning of period 353,396 506,619
Cash and cash equivalents at end of period 347,553 508,363
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Cash payments for interest 31,695 36,058
NON-CASH TRANSACTIONS    
Non-cash additions to real estate included in accounts payable and accrued expenses 1,458 1,038
Write-off of fully amortized and depreciated assets $ 0 $ 648