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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
REVENUES    
Rental revenues $ 56,778 $ 57,880
EXPENSES    
Operating, including fees to Vornado of $1,249 and $1,166, respectively (21,849) (22,277)
Depreciation and amortization (7,828) (8,283)
General and administrative, including management fees to Vornado of $595 in each period (1,245) (1,262)
Total expenses (30,922) (31,822)
Interest and other income, net 2,130 3,038
Interest and debt expense (10,159) (9,829)
Change in fair value of marketable securities 38 (5,170)
Income from continuing operations 17,865 14,097
Loss from discontinued operations (see Note 7) 0 (23,797)
Net income (loss) $ 17,865 $ (9,700)
Income (loss) per common share – basic and diluted:    
Income from continuing operations - basic and diluted (in usd per share) $ 3.49 $ 2.75
Loss from discontinuing operations (see Note 7) - basic and diluted (in usd per share) 0 (4.65)
Net income (loss) per common share - basic and diluted (in usd per share) $ 3.49 $ (1.90)
Weighted average shares outstanding - basic and diluted (in shares) 5,117,347 5,115,982