Schedule Of Earnings Per Share Basic And Diluted [Table Text Block] |
| | | | For the Three Months | | For the Six Months | (Amounts in thousands, except per share amounts) | Ended June 30, | | Ended June 30, | | | | | 2014 | | 2013 | | 2014 | | 2013 | Numerator: | | | | | | | | | | | | | Income from continuing operations, net of income attributable | | | | | | | | | | | | | | to noncontrolling interests | $ | 94,980 | | $ | 92,569 | | $ | 175,916 | | $ | 160,555 | | Income from discontinued operations, net of income attributable | | | | | | | | | | | | | | to noncontrolling interests | | 2,028 | | | 65,625 | | | 3,809 | | | 260,561 | | Net income attributable to Vornado | | 97,008 | | | 158,194 | | | 179,725 | | | 421,116 | | Preferred share dividends | | (20,366) | | | (20,368) | | | (40,734) | | | (42,070) | | Preferred unit and share redemptions | | - | | | 8,100 | | | - | | | (1,130) | | Net income attributable to common shareholders | | 76,642 | | | 145,926 | | | 138,991 | | | 377,916 | | Earnings allocated to unvested participating securities | | (21) | | | (31) | | | (51) | | | (86) | | Numerator for basic income per share | | 76,621 | | | 145,895 | | | 138,940 | | | 377,830 | | Impact of assumed conversions: | | | | | | | | | | | | | | Convertible preferred share dividends | | - | | | 27 | | | - | | | 55 | | Numerator for diluted income per share | $ | 76,621 | | $ | 145,922 | | $ | 138,940 | | $ | 377,885 | | | | | | | | | | | | | | | | Denominator: | | | | | | | | | | | | | Denominator for basic income per share – weighted average shares | | 187,527 | | | 186,931 | | | 187,418 | | | 186,842 | | Effect of dilutive securities(1): | | | | | | | | | | | | | | Employee stock options and restricted share awards | | 1,090 | | | 742 | | | 1,013 | | | 737 | | | Convertible preferred shares | | - | | | 47 | | | - | | | 48 | | Denominator for diluted income per share – weighted average | | | | | | | | | | | | | | shares and assumed conversions | | 188,617 | | | 187,720 | | | 188,431 | | | 187,627 | | | | | | | | | | | | | | | | INCOME PER COMMON SHARE – BASIC: | | | | | | | | | | | | | Income from continuing operations, net | $ | 0.40 | | $ | 0.43 | | $ | 0.72 | | $ | 0.63 | | Income from discontinued operations, net | | 0.01 | | | 0.35 | | | 0.02 | | | 1.39 | | Net income per common share | $ | 0.41 | | $ | 0.78 | | $ | 0.74 | | $ | 2.02 | | | | | | | | | | | | | | | | INCOME PER COMMON SHARE – DILUTED: | | | | | | | | | | | | | Income from continuing operations, net | $ | 0.40 | | $ | 0.43 | | $ | 0.72 | | $ | 0.62 | | Income from discontinued operations, net | | 0.01 | | | 0.35 | | | 0.02 | | | 1.39 | | Net income per common share | $ | 0.41 | | $ | 0.78 | | $ | 0.74 | | $ | 2.01 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (1) | | The effect of dilutive securities in the three months ended June 30, 2014 and 2013 excludes an aggregate of 11,289 and 11,913 weighted average common share equivalents, respectively, and 11,304 and 11,911 weighted average common share equivalents in the six months ended June 30, 2014 and 2013, respectively, as their effect was anti-dilutive. |
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