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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES    
Net (loss) income $ (9,700) $ 21,667
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation and amortization, including amortization of debt issuance costs 9,596 8,569
Straight-lining of rental income 1,445 1,070
Change in fair value of marketable securities (see Note 7) 5,170 0
Liability related to discontinued operations (see Note 8) 23,797 0
Changes in operating assets and liabilities:    
Tenant and other receivables, net (214) 507
Other assets 13,558 13,131
Amounts due to Vornado (1,778) (353)
Accounts payable and accrued expenses (5,030) (2,961)
Other liabilities (39) (7)
Net cash provided by operating activities 36,805 41,623
CASH FLOWS FROM INVESTING ACTIVITIES    
Construction in progress and real estate additions (628) (1,628)
Principal repayment proceeds from Rego Park II loan participation 753 0
Net cash provided by (used in) investing activities 125 (1,628)
CASH FLOWS FROM FINANCING ACTIVITIES    
Debt repayments (971) (901)
Dividends paid (23,022) (21,737)
Debt issuance costs 0 (9)
Net cash used in financing activities (23,993) (22,647)
Net increase in cash and cash equivalents and restricted cash 12,937 17,348
Cash and cash equivalents and restricted cash at beginning of period 393,279 374,678
Cash and cash equivalents and restricted cash at end of period 406,216 392,026
RECONCILIATION OF CASH AND CASH EQUIVALENTS AND RESTRICTED CASH    
Cash and cash equivalents at beginning of period 307,536 288,926
Restricted cash at beginning of period 85,743 85,752
Cash and cash equivalents and restricted cash at beginning of period 393,279 374,678
Cash and cash equivalents at end of period 319,026 306,530
Restricted cash at end of period 87,190 85,496
Cash and cash equivalents and restricted cash at end of period 406,216 392,026
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Cash payments for interest 8,356 5,386
NON-CASH TRANSACTIONS    
Liability for real estate additions, including $27 and $52 for development fees due to Vornado in 2018 and 2017, respectively 1,028 192
Write-off of fully amortized and/or depreciated assets $ 11,223 $ 0