Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Real estate, at cost:
Land	$ 44,971	$ 44,971
Buildings and leasehold improvements	986,589	984,053
Development and construction in progress	33,437	12,318
Total	1,064,997	1,041,342
Accumulated depreciation and amortization	(343,984)	(324,499)
Real estate, net	721,013	716,843
Cash and cash equivalents	355,712	298,063
Restricted cash	14,066	15,914
Marketable securities	3,834	14,409
Tenant and other receivables	6,856	6,092
Receivable arising from the straight-lining of rents	148,070	166,376
Deferred leasing costs, net, including unamortized leasing fees to Vornado of $30,073 and $32,374, respectively	38,097	41,123
Other assets	40,257	6,691
Total assets	1,327,905	1,265,511
LIABILITIES AND EQUITY
Mortgages payable, net of deferred debt issuance costs	1,066,403	970,961
Amounts due to Vornado	1,178	1,426
Accounts payable and accrued expenses	44,435	31,756
Other liabilities	7,378	7,853
Total liabilities	1,119,394	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	170,783	216,394
Accumulated other comprehensive loss	(42)	(49)
Equity before treasury stock	208,879	253,883
Treasury stock: 66,160 shares, at cost	(368)	(368)
Total equity	208,511	253,515
Total liabilities and equity	$ 1,327,905	$ 1,265,511