Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Real estate, at cost:
Land	$ 44,971	$ 44,971
Buildings and leasehold improvements	984,053	978,474
Development and construction in progress	12,318	4,246
Total	1,041,342	1,027,691
Accumulated depreciation and amortization	(324,499)	(297,421)
Real estate, net	716,843	730,270
Cash and cash equivalents	298,063	283,056
Restricted cash	15,914	6,439
Marketable securities	14,409	23,166
Tenant and other receivables	6,092	4,075
Receivable arising from the straight-lining of rents	166,376	168,789
Deferred lease and other property costs, net, including unamortized leasing fees to Vornado of $32,374 and $31,039, respectively	41,123	40,669
Other assets	6,691	29,085
Assets	1,265,511	1,285,549
LIABILITIES AND EQUITY
Mortgages payable, net of deferred debt issuance costs	970,961	965,826
Amounts due to Vornado	1,426	708
Accounts payable and accrued expenses	31,756	30,889
Other liabilities	7,853	3,034
Total liabilities	1,011,996	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	32,365	31,971
Retained earnings	216,394	248,443
Accumulated other comprehensive loss	(49)	(127)
Equity before treasury stock	253,883	285,460
Treasury stock: 66,160 shares, at cost	(368)	(368)
Total equity	253,515	285,092
Total liabilities and equity	$ 1,265,511	$ 1,285,549