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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) $ 17,865 $ (9,700)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization, including amortization of debt issuance costs 9,118 9,596
Straight-lining of rental income 645 1,445
Change in fair value of marketable securities (38) 5,170
Liability related to discontinued operations (see Note 7) 0 23,797
Changes in operating assets and liabilities:    
Tenant and other receivables, net (1,123) (214)
Other assets 13,340 13,558
Amounts due to Vornado 710 (1,778)
Accounts payable and accrued expenses 7,717 (5,030)
Other liabilities (151) (39)
Net cash provided by operating activities 48,083 36,805
CASH FLOWS FROM INVESTING ACTIVITIES    
Construction in progress and real estate additions (1,816) (628)
Repayment of Rego Park II loan participation 0 753
Net cash (used in) provided by investing activities (1,816) 125
CASH FLOWS FROM FINANCING ACTIVITIES    
Debt repayments 0 (971)
Dividends paid (23,028) (23,022)
Net cash used in financing activities (23,028) (23,993)
Net increase in cash and cash equivalents and restricted cash 23,239 12,937
Cash and cash equivalents and restricted cash at beginning of period 289,495 393,279
Cash and cash equivalents and restricted cash at end of period 312,734 406,216
RECONCILIATION OF CASH AND CASH EQUIVALENTS AND RESTRICTED CASH    
Cash and cash equivalents at beginning of period 283,056 307,536
Restricted cash at beginning of period 6,439 85,743
Cash and cash equivalents and restricted cash at beginning of period 289,495 393,279
Cash and cash equivalents at end of period 302,944 319,026
Restricted cash at end of period 9,790 87,190
Cash and cash equivalents and restricted cash at end of period 312,734 406,216
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Cash payments for interest 8,965 8,356
NON-CASH TRANSACTIONS    
Lease liability arising from the recognition of right-of-use asset 5,428 0
Reclassification of prepaid real estate taxes to construction in progress for property in redevelopment 1,466 0
Liability for real estate additions, including $24 and $27 for development fees due to Vornado in 2019 and 2018, respectively 829 1,028
Write-off of fully amortized and/or depreciated assets $ 0 $ 11,223