Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Real estate, at cost:
Land	$ 44,971	$ 44,971
Buildings and leasehold improvements	983,615	975,015
Development and construction in progress	3,631	9,486
Total	1,032,217	1,029,472
Accumulated depreciation and amortization	(245,851)	(225,533)
Real estate, net	786,366	803,939
Cash and cash equivalents	264,147	259,349
Restricted cash	85,032	85,307
Marketable securities	43,287	43,191
Tenant and other receivables, net of allowance for doubtful accounts of $1,214 and $918, respectively	2,933	4,014
Receivable arising from the straight-lining of rents	179,763	181,357
Deferred leasing costs, net, including unamortized leasing fees to Vornado of $37,864 and $33,482, respectively	49,503	45,840
Other assets	40,568	24,811
Total assets	1,451,599	1,447,808
LIABILITIES AND EQUITY
Mortgages payable, net of deferred debt issuance costs	1,052,612	1,053,262
Amounts due to Vornado	897	8,551
Accounts payable and accrued expenses	38,190	30,158
Other liabilities	2,935	2,957
Total liabilities	1,094,634	1,094,928
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, 5,106,196 shares	5,173	5,173
Additional capital	31,189	30,739
Retained earnings	307,799	304,340
Accumulated other comprehensive income	13,178	13,002
Equity before treasury stock	357,339	353,254
Treasury stock: 67,254 shares, at cost	(374)	(374)
Total equity	356,965	352,880
Total liabilities and equity	$ 1,451,599	$ 1,447,808