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Summary of Quarterly Results (Unaudited)
12 Months Ended
Dec. 31, 2016
Quarterly Financial Data  
Summary of Quarterly Results (Unaudited)

22. Summary of Quarterly Results (Unaudited)

Vornado Realty Trust

The following summary represents the results of operations for each quarter in 2016 and 2015:

(Amounts in thousands, except per share amounts)Net Income (Loss)
Attributable Net Income (Loss) Per
to CommonCommon Share (2)
RevenuesShareholders (1)BasicDiluted
2016
December 31$638,260$651,181$3.44$3.43
September 30633,19766,1250.350.35
June 30621,708220,4631.171.16
March 31613,037(114,163)(0.61)(0.61)
2015
December 31$651,581$230,742 $1.22 $1.22
September 30627,596198,8701.051.05
June 30616,288165,651 0.88 0.87
March 31606,80284,5930.450.45
(1)Fluctuations among quarters resulted primarily from non-cash impairment losses, net gain on extinguishment of debt, net gains on sale of real estate and from seasonality of business operations.
(2)The total for the year may differ from the sum of the quarters as a result of weighting.
Vornado Realty L.P.  
Quarterly Financial Data  
Summary of Quarterly Results (Unaudited)

Vornado Realty L.P.

The following summary represents the results of operations for each quarter in 2016 and 2015:

(Amounts in thousands, except per unit amounts)Net Income (Loss)
Attributable Net Income (Loss)
to Class APer Class A Unit (2)
RevenuesUnitholders (1)BasicDiluted
2016
December 31$638,260$693,377$3.44$3.43
September 30633,19770,4420.350.35
June 30621,708234,9451.171.16
March 31613,037(121,698)(0.61)(0.61)
2015
December 31$651,581$245,735 $1.22 $1.21
September 30627,596211,5261.051.05
June 30616,288175,800 0.88 0.87
March 31606,80289,8680.450.44
(1)Fluctuations among quarters resulted primarily from non-cash impairment losses, net gain on extinguishment of debt, net gains on sale of real estate and from seasonality of business operations.
(2)The total for the year may differ from the sum of the quarters as a result of weighting.