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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Real estate, at cost:    
Land $ 44,971 $ 44,971
Buildings and leasehold improvements 1,009,761 1,014,311
Development and construction in progress 12,405 11,761
Total 1,067,137 1,071,043
Accumulated depreciation and amortization (351,752) (350,122)
Real estate, net 715,385 720,921
Cash and cash equivalents 459,384 428,710
Restricted cash 21,132 21,167
Marketable securities 6,606 6,024
Tenant and other receivables 6,830 8,116
Receivable arising from the straight-lining of rents 142,637 145,274
Deferred leasing costs, net, including unamortized leasing fees to Vornado of $27,221 and $27,851, respectively 35,617 36,524
Other assets 23,644 37,402
Total assets 1,411,235 1,404,138
LIABILITIES AND EQUITY    
Mortgages payable, net of deferred debt issuance costs 1,156,517 1,156,170
Amounts due to Vornado 1,412 1,516
Accounts payable and accrued expenses 42,996 35,342
Other liabilities 7,052 7,882
Total liabilities 1,207,977 1,200,910
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 32,965
Retained earnings 160,997 166,165
Accumulated other comprehensive income (loss) 4,491 (707)
Equity before treasury stock 203,626 203,596
Treasury stock: 66,160 shares, at cost (368) (368)
Total equity 203,258 203,228
Total liabilities and equity $ 1,411,235 $ 1,404,138