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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Real estate, at cost:    
Land $ 2,588,200 $ 2,591,261
Buildings and improvements 7,975,871 7,953,163
Development costs and construction in progress 1,541,432 1,490,614
Moynihan Train Hall development expenditures 1,087,669 914,960
Leasehold improvements and equipment 127,685 124,014
Total 13,320,857 13,074,012
Less accumulated depreciation and amortization (3,106,393) (3,015,958)
Real estate, net 10,214,464 10,058,054
Right-of-use assets 376,958 379,546
Cash and cash equivalents 1,768,459 1,515,012
Restricted cash 94,882 92,119
Marketable securities 0 33,313
Tenant and other receivables 118,273 95,733
Investments in partially owned entities 3,648,651 3,999,165
Real estate fund investments 17,453 222,649
220 Central Park South condominium units ready for sale 426,623 408,918
Receivable arising from the straight-lining of rents 692,931 742,206
Deferred leasing costs, net of accumulated amortization of $186,740 and $196,229 348,473 353,986
Identified intangible assets, net of accumulated amortization of $97,489 and $98,587 27,660 30,965
Other assets 307,620 355,347
Assets 18,042,447 18,287,013
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY    
Mortgages payable, net 5,638,352 5,639,897
Senior unsecured notes, net 446,279 445,872
Unsecured term loan, net 796,236 745,840
Unsecured revolving credit facilities 1,075,000 575,000
Lease liabilities 426,059 498,254
Moynihan Train Hall obligation 1,087,669 914,960
Special dividend/distribution payable 0 398,292
Accounts payable and accrued expenses 385,956 440,049
Deferred revenue 49,386 59,429
Deferred compensation plan 94,081 103,773
Other liabilities 395,604 265,754
Total liabilities 10,394,622 10,087,120
Commitments and contingencies
Redeemable noncontrolling interests:    
Total redeemable noncontrolling interests 718,916 888,915
Shareholders' / Partner's Equity    
Preferred shares of beneficial interest: no par value per share; authorized 110,000,000 shares; issued and outstanding 36,793,694 and 36,795,640 shares 891,164 891,214
Common shares of beneficial interest: $0.04 par value per share; authorized 250,000,000 shares; issued and outstanding 191,151,142 and 190,985,677 shares 7,625 7,618
Additional capital 8,095,774 7,827,697
Earnings less than distributions (2,415,500) (1,954,266)
Accumulated other comprehensive loss (82,646) (40,233)
Total Vornado shareholders' / partners equity 6,496,417 6,732,030
Noncontrolling interests in consolidated subsidiaries 432,492 578,948
Total equity 6,928,909 7,310,978
Total liabilities, redeemable noncontrolling interests / partnership units and equity 18,042,447 18,287,013
Vornado Realty L.P.    
Real estate, at cost:    
Land 2,588,200 2,591,261
Buildings and improvements 7,975,871 7,953,163
Development costs and construction in progress 1,541,432 1,490,614
Moynihan Train Hall development expenditures 1,087,669 914,960
Leasehold improvements and equipment 127,685 124,014
Total 13,320,857 13,074,012
Less accumulated depreciation and amortization (3,106,393) (3,015,958)
Real estate, net 10,214,464 10,058,054
Right-of-use assets 376,958 379,546
Cash and cash equivalents 1,768,459 1,515,012
Restricted cash 94,882 92,119
Marketable securities 0 33,313
Tenant and other receivables 118,273 95,733
Investments in partially owned entities 3,648,651 3,999,165
Real estate fund investments 17,453 222,649
220 Central Park South condominium units ready for sale 426,623 408,918
Receivable arising from the straight-lining of rents 692,931 742,206
Deferred leasing costs, net of accumulated amortization of $186,740 and $196,229 348,473 353,986
Identified intangible assets, net of accumulated amortization of $97,489 and $98,587 27,660 30,965
Other assets 307,620 355,347
Assets 18,042,447 18,287,013
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY    
Mortgages payable, net 5,638,352 5,639,897
Senior unsecured notes, net 446,279 445,872
Unsecured term loan, net 796,236 745,840
Unsecured revolving credit facilities 1,075,000 575,000
Lease liabilities 426,059 498,254
Moynihan Train Hall obligation 1,087,669 914,960
Special dividend/distribution payable 0 398,292
Accounts payable and accrued expenses 385,956 440,049
Deferred revenue 49,386 59,429
Deferred compensation plan 94,081 103,773
Other liabilities 395,604 265,754
Total liabilities 10,394,622 10,087,120
Commitments and contingencies
Redeemable noncontrolling interests:    
Total redeemable noncontrolling interests 718,916 888,915
Shareholders' / Partner's Equity    
Partners' capital 8,994,563 8,726,529
Earnings less than distributions (2,415,500) (1,954,266)
Accumulated other comprehensive loss (82,646) (40,233)
Total Vornado shareholders' / partners equity 6,496,417 6,732,030
Noncontrolling interests in consolidated subsidiaries 432,492 578,948
Total equity 6,928,909 7,310,978
Total liabilities, redeemable noncontrolling interests / partnership units and equity 18,042,447 18,287,013
Partnership Interest    
Redeemable noncontrolling interests:    
Class A units - 13,773,407 and 13,298,956 units outstanding 620,269 884,380
Series D cumulative redeemable preferred units - 141,401 units outstanding 4,535 4,535
Total redeemable noncontrolling interests 624,804 888,915
Partnership Interest | Vornado Realty L.P.    
Redeemable noncontrolling interests:    
Class A units - 13,773,407 and 13,298,956 units outstanding 620,269 884,380
Series D cumulative redeemable preferred units - 141,401 units outstanding 4,535 4,535
Total redeemable noncontrolling interests 624,804 888,915
Subsidiary    
Redeemable noncontrolling interests:    
Total redeemable noncontrolling interests 94,112 0
Subsidiary | Vornado Realty L.P.    
Redeemable noncontrolling interests:    
Total redeemable noncontrolling interests $ 94,112 $ 0