Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Real estate, at cost:
Land	$ 44,971	$ 44,971
Buildings and leasehold improvements	986,398	984,053
Development and construction in progress	22,724	12,318
Total	1,054,093	1,041,342
Accumulated depreciation and amortization	(337,534)	(324,499)
Real estate, net	716,559	716,843
Cash and cash equivalents	441,905	298,063
Restricted cash	11,360	15,914
Marketable securities	5,065	14,409
Tenant and other receivables	7,716	6,092
Receivable arising from the straight-lining of rents	157,556	166,376
Deferred leasing costs, net, including unamortized leasing fees to Vornado of $30,771 and $32,374, respectively	39,035	41,123
Other assets	4,966	6,691
Total assets	1,384,162	1,265,511
LIABILITIES AND EQUITY
Mortgages payable, net of deferred debt issuance costs	1,118,813	970,961
Amounts due to Vornado	996	1,426
Accounts payable and accrued expenses	31,844	31,756
Other liabilities	7,538	7,853
Total liabilities	1,159,191	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	32,965	32,365
Retained earnings	187,229	216,394
Accumulated other comprehensive loss	(28)	(49)
Equity before treasury stock	225,339	253,883
Treasury stock: 66,160 shares, at cost	(368)	(368)
Total equity	224,971	253,515
Total liabilities and equity	$ 1,384,162	$ 1,265,511