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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Real estate, at cost:    
Land $ 44,804 $ 44,971
Buildings and leasehold improvements 1,013,011 1,014,311
Development and construction in progress 18,945 11,761
Total 1,076,760 1,071,043
Accumulated depreciation and amortization (364,290) (350,122)
Real estate, net 712,470 720,921
Cash and cash equivalents 448,913 428,710
Restricted cash 20,858 21,167
Marketable securities 9,435 6,024
Tenant and other receivables 6,619 8,116
Receivable arising from the straight-lining of rents 137,863 145,274
Deferred leasing costs, net, including unamortized leasing fees to Vornado of $24,633 and $27,851, respectively 32,265 36,524
Other assets 45,163 37,402
Total assets 1,413,586 1,404,138
LIABILITIES AND EQUITY    
Mortgages payable, net of deferred debt issuance costs 1,157,263 1,156,170
Amounts due to Vornado 2,092 1,516
Accounts payable and accrued expenses 53,200 35,342
Other liabilities 6,720 7,882
Total liabilities 1,219,275 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 33,415 32,965
Retained earnings 152,186 166,165
Accumulated other comprehensive income (loss) 3,905 (707)
Equity before treasury stock 194,679 203,596
Treasury stock: 66,160 shares, at cost (368) (368)
Total equity 194,311 203,228
Total liabilities and equity $ 1,413,586 $ 1,404,138