Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Real estate, at cost:
Land	$ 44,971	$ 44,971
Buildings and leasehold improvements	980,103	978,474
Development and construction in progress	6,292	4,246
Total	1,031,366	1,027,691
Accumulated depreciation and amortization	(304,207)	(297,421)
Real estate, net	727,159	730,270
Cash and cash equivalents	302,944	283,056
Restricted cash	9,790	6,439
Marketable securities	23,204	23,166
Tenant and other receivables	5,198	4,075
Receivable arising from the straight-lining of rents	168,144	168,789
Deferred leasing costs, net, including unamortized leasing fees to Vornado of $30,897 and $31,039, respectively	40,290	40,669
Other assets	18,983	29,085
Total assets	1,295,712	1,285,549
LIABILITIES AND EQUITY
Mortgages payable, net of deferred debt issuance costs	967,112	965,826
Amounts due to Vornado	1,442	708
Accounts payable and accrued expenses	38,905	30,889
Other liabilities	8,311	3,034
Total liabilities	1,015,770	1,000,457
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, 5,107,290 shares	5,173	5,173
Additional capital	31,971	31,971
Retained earnings	243,280	248,443
Accumulated other comprehensive loss	(114)	(127)
Equity before treasury stock	280,310	285,460
Treasury stock: 66,160 shares, at cost	(368)	(368)
Total equity	279,942	285,092
Total liabilities and equity	$ 1,295,712	$ 1,285,549