XML 23 R4.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
REVENUES    
Rental revenues $ 61,397 $ 52,941
EXPENSES    
Operating, including fees to Vornado of $1,759 and $1,539, respectively (25,263) (24,944)
Depreciation and amortization (9,477) (7,478)
General and administrative, including management fees to Vornado of $610 in each period (1,476) (1,359)
Total expenses (36,216) (33,781)
Interest and other income 7,162 4,319
Interest and debt expense (16,234) (12,253)
Net income $ 16,109 $ 11,226
Net income per common share - basic (in usd per share) $ 3.14 $ 2.19
Net income per common share - diluted (in usd per share) $ 3.14 $ 2.19
Weighted average shares outstanding - basic (in shares) 5,130,678 5,127,086
Weighted average shares outstanding - diluted (in shares) 5,130,678 5,127,086