Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Real estate, at cost:
Land	$ 44,971	$ 44,971
Buildings and leasehold improvements	985,369	984,053
Development and construction in progress	17,626	12,318
Total	1,047,966	1,041,342
Accumulated depreciation and amortization	(330,955)	(324,499)
Real estate, net	717,011	716,843
Cash and cash equivalents	438,342	298,063
Restricted cash	16,304	15,914
Marketable securities	3,014	14,409
Tenant and other receivables	4,867	6,092
Receivable arising from the straight-lining of rents	164,441	166,376
Deferred leasing costs, net, including unamortized leasing fees to Vornado of $31,581 and $32,374, respectively	40,083	41,123
Other assets	19,373	6,691
Total assets	1,403,435	1,265,511
LIABILITIES AND EQUITY
Mortgages payable, net of deferred debt issuance costs	1,117,879	970,961
Amounts due to Vornado	970	1,426
Accounts payable and accrued expenses	41,811	31,756
Other liabilities	7,697	7,853
Total liabilities	1,168,357	1,011,996
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	32,365
Retained earnings	197,932	216,394
Accumulated other comprehensive loss	(24)	(49)
Equity before treasury stock	235,446	253,883
Treasury stock: 66,160 shares, at cost	(368)	(368)
Total equity	235,078	253,515
Total liabilities and equity	$ 1,403,435	$ 1,265,511