Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Real estate, at cost:
Land	$ 33,050	$ 33,050
Buildings and leasehold improvements	1,023,598	1,014,525
Development and construction in progress	16,738	21,851
Total	1,073,386	1,069,426
Accumulated depreciation and amortization	(383,309)	(370,557)
Real estate, net	690,077	698,869
Cash and cash equivalents	310,349	463,539
Restricted cash	19,149	19,966
Investments in U.S. Treasury bills	197,369	0
Tenant and other receivables	4,407	6,385
Receivable arising from the straight-lining of rents	131,509	135,457
Deferred leasing costs, net, including unamortized leasing fees to Vornado of $23,726 and $23,943, respectively	30,573	31,312
Other assets	41,819	36,437
Total assets	1,425,252	1,391,965
LIABILITIES AND EQUITY
Mortgages payable, net of deferred debt issuance costs	1,090,360	1,089,613
Amounts due to Vornado	981	879
Accounts payable and accrued expenses	63,527	44,681
Other liabilities	20,468	4,203
Total liabilities	1,175,336	1,139,376
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	33,865	33,415
Retained earnings	190,101	206,875
Accumulated other comprehensive income	21,145	7,494
Equity before treasury stock	250,284	252,957
Treasury stock: 66,160 shares, at cost	(368)	(368)
Total equity	249,916	252,589
Total liabilities and equity	$ 1,425,252	$ 1,391,965