Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Real estate, at cost:
Land	$ 32,271	$ 33,050
Buildings and leasehold improvements	1,035,444	1,029,504
Development and construction in progress	0	22,044
Total	1,067,715	1,084,598
Accumulated depreciation and amortization	(405,268)	(396,268)
Real estate, net	662,447	688,330
Cash and cash equivalents	531,331	194,933
Restricted cash	21,424	19,545
Investments in U.S. Treasury bills	0	266,963
Tenant and other receivables	5,371	4,705
Receivable arising from the straight-lining of rents	123,328	127,497
Deferred leasing costs, net, including unamortized leasing fees to Vornado of $20,704 and $22,174, respectively	26,481	28,490
Other assets	58,043	67,313
Total assets	1,428,425	1,397,776
LIABILITIES AND EQUITY
Mortgages payable, net of deferred debt issuance costs	1,091,787	1,091,051
Amounts due to Vornado	952	801
Accounts payable and accrued expenses	49,223	48,785
Other liabilities	20,819	20,640
Total liabilities	1,162,781	1,161,277
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	34,315	33,865
Retained earnings	201,472	172,243
Accumulated other comprehensive income	25,052	25,586
Equity before treasury stock	266,012	236,867
Treasury stock: 66,160 shares, at cost	(368)	(368)
Total equity	265,644	236,499
Total liabilities and equity	$ 1,428,425	$ 1,397,776