Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
REVENUES
Property rentals	$ 38,264	$ 38,878	$ 76,537	$ 75,531
Expense reimbursements	18,926	18,127	37,882	37,032
Total revenues	57,190	57,005	114,419	112,563
EXPENSES
Operating, including fees to Vornado of $1,091, $1,048, $2,219 and $2,309, respectively	20,744	19,334	41,665	38,988
Depreciation and amortization	8,138	9,367	16,183	17,700
General and administrative, including management fees to Vornado of $595 and $1,190 in each three and six month period, respectively	1,696	1,825	2,852	3,060
Total expenses	30,578	30,526	60,700	59,748
OPERATING INCOME	26,612	26,479	53,719	52,815
Interest and other income, net	1,297	775	2,024	1,866
Interest and debt expense	(7,255)	(5,455)	(13,415)	(10,861)
Income before income taxes	20,654	21,799	42,328	43,820
Income tax benefit (expense)	6	(32)	(1)	(34)
Net income	$ 20,660	$ 21,767	$ 42,327	$ 43,786
Net income per common share - basic and diluted	$ 4.04	$ 4.26	$ 8.28	$ 8.56
Weighted average shares outstanding - basic and diluted	5,115,320	5,113,844	5,115,012	5,113,461
Dividends per common share	$ 4.25	$ 4.00	$ 8.50	$ 8.00