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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 21,667 $ 22,019
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization, including amortization of debt issuance costs 8,569 8,974
Straight-lining of rental income 1,070 (44)
Changes in operating assets and liabilities:    
Tenant and other receivables, net 507 705
Other assets 13,131 5,548
Amounts due to Vornado (353) (2,318)
Accounts payable and accrued expenses (2,961) 10,499
Other liabilities (7) (7)
Net cash provided by operating activities 41,623 45,376
CASH FLOWS FROM INVESTING ACTIVITIES    
Construction in progress and real estate additions (1,628) (8,853)
Net cash used in investing activities (1,628) (8,853)
CASH FLOWS FROM FINANCING ACTIVITIES    
Debt repayments (901) (836)
Dividends paid (21,737) (20,452)
Debt issuance costs (9) (16)
Net cash used in financing activities (22,647) (21,304)
Net increase in cash and cash equivalents and restricted cash 17,348 15,219
Cash and cash equivalents and restricted cash at beginning of period 374,678 344,656
Cash and cash equivalents and restricted cash at end of period 392,026 359,875
RECONCILIATION OF CASH AND CASH EQUIVALENTS AND RESTRICTED CASH    
Cash and cash equivalents at beginning of year 288,926 259,349
Restricted cash at beginning of period 85,752 85,307
Cash and cash equivalents and restricted cash at beginning of period 374,678 344,656
Cash and cash equivalents at end of year 306,530 276,234
Restricted cash at end of period 85,496 83,641
Cash and cash equivalents and restricted cash at end of period 392,026 359,875
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Cash payments for interest 5,386 4,676
NON-CASH TRANSACTIONS    
Liability for real estate additions, including $52 and $36 for development fees due to Vornado in 2017 and 2016, respectively 192 1,931
Write-off of fully amortized and/or depreciated assets 0 12
Change in unrealized net gain on available-for-sale securities $ (3,447) $ (777)