XML 14 R4.htm IDEA: XBRL DOCUMENT v2.3.0.15
Consolidated Statements of Income (USD $)
In Thousands, except Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
REVENUES    
Property rentals$ 43,584$ 42,306$ 130,473$ 123,311
Expense reimbursements21,15319,08459,17255,789
Total revenues64,73761,390189,645179,100
EXPENSES    
Operating (including fees to Vornado of $1,341, $1,285 $3,894, and $3,793, respectively)21,91320,79963,05158,672
Depreciation and amortization8,5617,86925,37223,117
General and administrative (including management fees to Vornado of $540 and $1,620 in each three and nine-month period)1,3544,1653,1536,602
Total expenses31,82832,83391,57688,391
OPERATING INCOME32,90928,55798,06990,709
Interest and other income, net671621,887649
Interest and debt expense(10,715)(13,413)(39,839)(43,290)
Net loss on early extinguishment of debt000(1,238)
Income before income taxes22,26115,30660,11746,830
Income tax benefit73,0011582,742
Net income22,26818,30760,27549,572
Net income attributable to the noncontrolling interest(1,843)(432)(1,486)(1,034)
Net income attributable to Alexander's$ 20,425$ 17,875$ 58,789$ 48,538
Net income per common share - basic    
Net income per common share - basic$ 4.00$ 3.50$ 11.51$ 9.51
Weighted average shares - basic5,106,9845,105,9365,106,4275,105,936
Net income per common share - diluted    
Net income per common share - diluted$ 4.00$ 3.50$ 11.51$ 9.51
Weighted average shares - diluted5,106,9845,105,9365,106,4275,105,936
Dividends per common share$ 3.00$ 2.50$ 9.00$ 5.00