$ALX
ALEXANDERS INC

2013 Q4 Form 10-K Financial Statement

#000000349914000005 Filed on February 24, 2014

View on sec.gov

Income Statement

Concept 2013 Q4 2013 2012 Q4
Revenue $50.50M $196.5M $48.49M
YoY Change 4.13% 2.69% 4.15%
Cost Of Revenue $18.40M $67.30M $16.60M
YoY Change 10.84% 8.9% 14.48%
Gross Profit $32.10M $129.1M $31.90M
YoY Change 0.63% -0.39% -0.62%
Gross Profit Margin 63.57% 65.71% 65.79%
Selling, General & Admin $600.0K $2.600M $1.300M
YoY Change -53.85% -50.0% 333.33%
% of Gross Profit 1.87% 2.01% 4.08%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $7.900M $31.40M $7.900M
YoY Change 0.0% -13.66% -16.84%
% of Gross Profit 24.61% 24.32% 24.76%
Operating Expenses $7.800M $98.94M $8.500M
YoY Change -8.24% 3.35% 14.86%
Operating Profit $24.30M $97.52M $23.40M
YoY Change 3.85% 2.03% -5.26%
Interest Expense -$10.70M -$43.00M -$11.40M
YoY Change -6.14% -5.49% 8.57%
% of Operating Profit -44.03% -44.1% -48.72%
Other Income/Expense, Net
YoY Change
Pretax Income $13.50M $54.50M $12.00M
YoY Change 12.5% 8.78% -10.45%
Income Tax $0.00 -$160.0K $0.00
% Of Pretax Income 0.0% -0.29% 0.0%
Net Earnings $15.79M $56.92M $617.2M
YoY Change -97.44% -91.56% 2890.97%
Net Earnings / Revenue 31.27% 28.97% 1272.72%
Basic Earnings Per Share $3.09 $120.80
Diluted Earnings Per Share $3.09 $11.16M $120.80
COMMON SHARES
Basic Shares Outstanding 5.106M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2013 Q4 2013 2012 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $347.7M $347.7M $384.6M
YoY Change -9.59% -1.61% -24.08%
Cash & Equivalents $347.7M $347.7M $353.4M
Short-Term Investments $31.21M
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $2.900M $2.900M $2.000M
Other Receivables $177.4M $177.4M $173.6M
Total Short-Term Assets $528.0M $528.0M $529.0M
YoY Change -0.19% -0.19% -22.06%
LONG-TERM ASSETS
Property, Plant & Equipment $734.2M $734.2M $751.0M
YoY Change -2.24% -2.24% -2.52%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $31.50M $31.50M $31.20M
YoY Change 0.96% 0.96% 524.0%
Other Assets $143.6M $143.6M $150.4M
YoY Change -4.52% -4.52% -48.48%
Total Long-Term Assets $929.7M $929.7M $952.8M
YoY Change -2.42% -2.42% -12.79%
TOTAL ASSETS
Total Short-Term Assets $528.0M $528.0M $529.0M
Total Long-Term Assets $929.7M $929.7M $952.8M
Total Assets $1.458B $1.458B $1.482B
YoY Change -1.63% -1.63% -16.34%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $27.50M $27.50M $33.60M
YoY Change -18.15% -18.15% -2.89%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $70.80M $70.80M $80.00M
YoY Change -11.5% -11.5% 5.4%
LONG-TERM LIABILITIES
Long-Term Debt $1.050B $1.050B $1.066B
YoY Change -1.49% -1.49% -1.39%
Other Long-Term Liabilities $3.400M $3.400M $3.700M
YoY Change -8.11% -8.11% -98.53%
Total Long-Term Liabilities $1.053B $1.053B $1.070B
YoY Change -1.51% -1.51% -19.71%
TOTAL LIABILITIES
Total Short-Term Liabilities $70.80M $70.80M $80.00M
Total Long-Term Liabilities $1.053B $1.053B $1.070B
Total Liabilities $1.124B $1.124B $1.150B
YoY Change -2.22% -2.23% -18.35%
SHAREHOLDERS EQUITY
Retained Earnings $297.5M $296.8M
YoY Change 0.24% -7.88%
Common Stock $5.173M $5.173M
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $375.0K
YoY Change 0.0%
Treasury Stock Shares 67.25K shares 67.51K shares
Shareholders Equity $333.6M $333.6M $332.2M
YoY Change
Total Liabilities & Shareholders Equity $1.458B $1.458B $1.482B
YoY Change -1.63% -1.63% -16.34%

Cashflow Statement

Concept 2013 Q4 2013 2012 Q4
OPERATING ACTIVITIES
Net Income $15.79M $56.92M $617.2M
YoY Change -97.44% -91.56% 2890.97%
Depreciation, Depletion And Amortization $7.900M $31.40M $7.900M
YoY Change 0.0% -13.66% -16.84%
Cash From Operating Activities $19.60M $73.88M $37.00M
YoY Change -47.03% -32.65% 50.41%
INVESTING ACTIVITIES
Capital Expenditures -$1.800M -$7.700M -$900.0K
YoY Change 100.0% 4.05% -78.57%
Acquisitions
YoY Change
Other Investing Activities $500.0K $400.0K $712.8M
YoY Change -99.93% -99.94% -101928.57%
Cash From Investing Activities -$1.300M -$7.320M $712.0M
YoY Change -100.18% -101.03% -14630.61%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $15.96M
YoY Change -93.98%
Cash From Financing Activities -18.10M -72.24M -904.0M
YoY Change -98.0% -92.58% 3900.0%
NET CHANGE
Cash From Operating Activities 19.60M 73.88M 37.00M
Cash From Investing Activities -1.300M -7.320M 712.0M
Cash From Financing Activities -18.10M -72.24M -904.0M
Net Change In Cash 200.0K -5.678M -155.0M
YoY Change -100.13% -96.29% 5244.83%
FREE CASH FLOW
Cash From Operating Activities $19.60M $73.88M $37.00M
Capital Expenditures -$1.800M -$7.700M -$900.0K
Free Cash Flow $21.40M $81.58M $37.90M
YoY Change -43.54% -30.33% 31.6%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2013Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1457724000
CY2013Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1993000
CY2013Q4 alx Unamortized Leasing Fees To Related Party
UnamortizedLeasingFeesToRelatedParty
36728000
CY2013Q4 us-gaap Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
19187000
CY2012Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
3000000 shares
CY2012Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2012Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2013Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
1.00
CY2013Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
5173450 shares
CY2013Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
5106196 shares
CY2013Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
67254 shares
CY2012Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
1.00
CY2012Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
10000000 shares
CY2012Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
5173450 shares
CY2011 us-gaap Related Party Transaction Selling General And Administrative Expenses From Transactions With Related Party
RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty
2160000
CY2012 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
675593000
CY2013Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
10000000 shares
CY2013 us-gaap Interest And Debt Expense
InterestAndDebtExpense
44540000 USD
CY2013 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
972000
CY2013 us-gaap Net Income Loss
NetIncomeLoss
56915000
CY2012Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1481810000
CY2012 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
300000
CY2013 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
57231000
CY2013Q4 us-gaap Deferred Costs Leasing Net
DeferredCostsLeasingNet
50273000
CY2012Q4 us-gaap Other Assets
OtherAssets
20217000
CY2012Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2012Q4 us-gaap Preferred Stock Value
PreferredStockValue
0
CY2012Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
1206000
CY2013Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
90044000
CY2013Q4 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
177401000
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
332153000
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
50105000
CY2011 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
54789000
CY2012Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
2219000
CY2012Q4 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
173694000
CY2012Q4 us-gaap Deferred Costs Leasing Net
DeferredCostsLeasingNet
54461000
CY2013 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
0
CY2011 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
61277000
CY2013 us-gaap Tenant Reimbursements
TenantReimbursements
60551000
CY2012 us-gaap Tenant Reimbursements
TenantReimbursements
56465000
CY2013 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
64675000
CY2012 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
61755000
CY2013 us-gaap Depreciation And Amortization
DepreciationAndAmortization
28987000
CY2012 us-gaap Depreciation And Amortization
DepreciationAndAmortization
28815000
CY2013 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
5281000
CY2012 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
5162000
CY2013 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-5678000
CY2013 us-gaap Interest Paid
InterestPaid
42121000
CY2013 us-gaap Straight Line Rent
StraightLineRent
3707000
CY2013 us-gaap Restricted Stock Expense
RestrictedStockExpense
394000
CY2012 us-gaap Straight Line Rent
StraightLineRent
4475000
CY2012 us-gaap Restricted Stock Expense
RestrictedStockExpense
300000
CY2013 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-160000
CY2012 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
64000
CY2013Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2013Q4 us-gaap Preferred Stock Value
PreferredStockValue
0
CY2013Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
1522000
CY2012Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
90395000
CY2013Q4 us-gaap Other Assets
OtherAssets
20394000
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
333581000
CY2012 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
134847000
CY2011 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
133682000
CY2011 us-gaap Tenant Reimbursements
TenantReimbursements
51564000
CY2011 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
55481000
CY2011 us-gaap Depreciation And Amortization
DepreciationAndAmortization
28083000
CY2011 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3996000
CY2013 us-gaap Operating Expenses
OperatingExpenses
98943000
CY2012 us-gaap Operating Expenses
OperatingExpenses
95732000
CY2011 us-gaap Operating Expenses
OperatingExpenses
87560000
CY2013 us-gaap Operating Income Loss
OperatingIncomeLoss
97516000
CY2012 us-gaap Operating Income Loss
OperatingIncomeLoss
95580000
CY2011 us-gaap Operating Income Loss
OperatingIncomeLoss
97686000
CY2012 us-gaap Interest And Debt Expense
InterestAndDebtExpense
45652000
CY2011 us-gaap Interest And Debt Expense
InterestAndDebtExpense
43898000
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
54503000
CY2011 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-42000
CY2013 us-gaap Profit Loss
ProfitLoss
56915000
CY2012 us-gaap Profit Loss
ProfitLoss
674993000
CY2011 us-gaap Profit Loss
ProfitLoss
81046000
CY2013 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0
CY2012 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
606000
CY2011 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1623000
CY2012 us-gaap Net Income Loss
NetIncomeLoss
674387000
CY2011 us-gaap Net Income Loss
NetIncomeLoss
79423000
CY2013 us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
4196000
CY2012 us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
4318000
CY2011 us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
3687000
CY2013 us-gaap Related Party Transaction Selling General And Administrative Expenses From Transactions With Related Party
RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty
2380000
CY2012 us-gaap Related Party Transaction Selling General And Administrative Expenses From Transactions With Related Party
RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty
2160000
CY2013 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
196459000
CY2012 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
191312000
CY2011 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
185246000
CY2013 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
54663000
CY2012 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
50041000
CY2012 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
624952000
CY2011 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
26215000
CY2013 us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
10.70
CY2013 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
0.44
CY2013 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
11.14
CY2013 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
5109055 shares
CY2012 us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
9.80
CY2012 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
122.24
CY2012 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
132.04
CY2011 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
5106568 shares
CY2011 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
15.55
CY2011 us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
10.74
CY2011 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
4.81
CY2013 us-gaap Interest And Other Income
InterestAndOtherIncome
1527000
CY2011 us-gaap Interest And Other Income
InterestAndOtherIncome
1001000
CY2012 us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
599628000
CY2011 alx Taxable Income Loss
TaxableIncomeLoss
62223000
CY2012 alx Taxable Income Loss
TaxableIncomeLoss
699175000
CY2011 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
5484000
CY2011 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
81046000
CY2011 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
1623000
CY2011 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
79423000
CY2013 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
57231000
CY2012 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
606000
CY2012 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
676199000
CY2013 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
316000
CY2012 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
1206000
CY2011 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
0
CY2013 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
56197000
CY2013 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
394000
CY2011 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
300000
CY2012 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Purchase Of Interest By Parent
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesPurchaseOfInterestByParent
7800000
CY2012 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
699791000
CY2011 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
600000
CY2010Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
343776000
CY2011Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
363245000
CY2013 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
31395000
CY2011 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
109399000
CY2013 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
73883000
CY2011 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-1672000
CY2013 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
472000
CY2010Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
397220000
CY2013 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-6284000
CY2012 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-107000
CY2013 us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
-3138000
CY2012 us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
-2405000
CY2011 us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
-2445000
CY2013 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-42000
CY2012 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
114000
CY2011 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
56000
CY2012 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
109707000
CY2011 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
92514000
CY2013 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-7320000
CY2012 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
710077000
CY2011 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
383000
CY2013 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-72241000
CY2012 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-973007000
CY2011 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
16502000
CY2012 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-153223000
CY2011Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
506619000
CY2012 us-gaap Interest Paid
InterestPaid
47932000
CY2011 us-gaap Interest Paid
InterestPaid
53343000
CY2011 us-gaap Straight Line Rent
StraightLineRent
12609000
CY2011 us-gaap Restricted Stock Expense
RestrictedStockExpense
300000
CY2011 alx Common Stock From Sale Of Real Estate
CommonStockFromSaleOfRealEstate
0
CY2011 alx Write Off Of Fully Amortized And Depreciated Assets
WriteOffOfFullyAmortizedAndDepreciatedAssets
6799000
CY2011 alx Non Cash Additions To Real Estate
NonCashAdditionsToRealEstate
3052000
CY2013 alx Common Stock From Sale Of Real Estate
CommonStockFromSaleOfRealEstate
0
CY2013 alx Write Off Of Fully Amortized And Depreciated Assets
WriteOffOfFullyAmortizedAndDepreciatedAssets
0
CY2013 alx Non Cash Additions To Real Estate
NonCashAdditionsToRealEstate
1084000
CY2012 alx Common Stock From Sale Of Real Estate
CommonStockFromSaleOfRealEstate
30000000
CY2012 alx Write Off Of Fully Amortized And Depreciated Assets
WriteOffOfFullyAmortizedAndDepreciatedAssets
648000
CY2012 alx Non Cash Additions To Real Estate
NonCashAdditionsToRealEstate
221000
CY2011 alx Reversal Of Liability For Income Taxes
ReversalOfLiabilityForIncomeTaxes
2561000
CY2012 alx Reversal Of Liability For Income Taxes
ReversalOfLiabilityForIncomeTaxes
0
CY2013 alx Reversal Of Liability For Income Taxes
ReversalOfLiabilityForIncomeTaxes
206000
CY2011 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
0
CY2012 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
714054000
CY2013 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
0
CY2013 alx Payments For Capital Improvements And Construction In Process
PaymentsForCapitalImprovementsAndConstructionInProcess
7671000
CY2011 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
593000000
CY2013 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
0
CY2012 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
0
CY2013 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
15957000
CY2012 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
265016000
CY2012 alx Payments For Capital Improvements And Construction In Process
PaymentsForCapitalImprovementsAndConstructionInProcess
7351000
CY2011 alx Payments For Capital Improvements And Construction In Process
PaymentsForCapitalImprovementsAndConstructionInProcess
14415000
CY2011 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
5000000
CY2012 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
0
CY2013 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
0
CY2013 alx Proceeds From Maturing Other Short Term Investments
ProceedsFromMaturingOtherShortTermInvestments
0
CY2012 alx Proceeds From Maturing Other Short Term Investments
ProceedsFromMaturingOtherShortTermInvestments
5000000
CY2011 alx Proceeds From Maturing Other Short Term Investments
ProceedsFromMaturingOtherShortTermInvestments
23000000
CY2011 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
3202000
CY2013 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-351000
CY2012 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
1626000
CY2013 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
56197000
CY2012 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
699791000
CY2011 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
61277000
CY2011 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
508479000
CY2013 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
0
CY2012 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
7800000
CY2011 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
0
CY2013 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
87000
CY2012 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
400000
CY2011 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
6142000
CY2013 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0
CY2012 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0
CY2011 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
600000
CY2012 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
36363000
CY2011 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
37086000
CY2013 us-gaap Gain Loss On Disposition Of Real Estate Discontinued Operations
GainLossOnDispositionOfRealEstateDiscontinuedOperations
0
CY2012 us-gaap Gain Loss On Disposition Of Real Estate Discontinued Operations
GainLossOnDispositionOfRealEstateDiscontinuedOperations
599628000
CY2011 us-gaap Gain Loss On Disposition Of Real Estate Discontinued Operations
GainLossOnDispositionOfRealEstateDiscontinuedOperations
0
CY2012 alx Common Stock Dividends Declared Long Term Capital
CommonStockDividendsDeclaredLongTermCapital
623178000
CY2012 alx Commission Payable Incurred In Connection With Sale Of Real Estate
CommissionPayableIncurredInConnectionWithSaleOfRealEstate
7510000
CY2011 alx Commission Payable Incurred In Connection With Sale Of Real Estate
CommissionPayableIncurredInConnectionWithSaleOfRealEstate
0
CY2013 alx Commission Payable Incurred In Connection With Sale Of Real Estate
CommissionPayableIncurredInConnectionWithSaleOfRealEstate
0
CY2013 us-gaap Nature Of Operations
NatureOfOperations
<p style='margin-top:0pt; margin-bottom:12pt'><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0px;">1</font><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;">.</font><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;ORGANIZATION</font></p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:14.4px;">Alexander's, Inc. (NYSE: ALX) is a real estate investment trust (&#8220;REIT&#8221;), incorporated in </font><font style="font-family:Times New Roman;font-size:10pt;">Delaware</font><font style="font-family:Times New Roman;font-size:10pt;">, engaged in leasing, managing, developing and redeveloping its properties. All references to &#8220;we,&#8221; &#8220;us,&#8221; &#8220;our,&#8221; &#8220;Company&#8221; and &#8220;Alexander's&#8221; refer to Alexander's, Inc. and its consolidated subsidiaries. We are managed by, and our properties are leased and developed by, Vornado Realty Trust (&#8220;Vornado&#8221;) (NYSE: VNO).</font></p><p style='margin-top:0pt; margin-bottom:0pt'>&#160;</p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:14.4px;">We have </font><font style="font-family:Times New Roman;font-size:10pt;">six</font><font style="font-family:Times New Roman;font-size:10pt;"> properties in the greater New York City metropolitan area consisting of:</font></p><p style='margin-top:0pt; margin-bottom:0pt'>&#160;</p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;text-decoration:underline;margin-left:0px;">Operating properties</font></p><p style='margin-top:0pt; margin-bottom:0pt'>&#160;</p><p style='margin-top:0pt; margin-bottom:0pt'></p><ul><li style="margin-left:36px;list-style:disc;"><font style="font-family:Times New Roman;font-size:10pt;">731 Lexington Avenue, a 1,307,000 square foot multi-use building, comprising the entire square block bounded by Lexington Avenue, East 59</font><font style="font-family:Times New Roman;font-size:10pt;">th</font><font style="font-family:Times New Roman;font-size:10pt;"> Street, Third Avenue and East 58</font><font style="font-family:Times New Roman;font-size:10pt;">th</font><font style="font-family:Times New Roman;font-size:10pt;"> Street in Manhattan. </font><font style="font-family:Times New Roman;font-size:10pt;">The building contains 885,000 and 174,000 of net</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">rentable square feet of office and retail space, respectively, which we own, and 248,000 square feet of residential space consisting of 105 condominium units, which we sold. Bloomberg L.P. </font><font style="font-family:Times New Roman;font-size:10pt;">(&#8220;Bloomberg&#8221;) </font><font style="font-family:Times New Roman;font-size:10pt;">occupies all of the office space. The Home Depot (83,000 square feet), The Container Store (34,000 square feet) and </font><font style="font-family:Times New Roman;font-size:10pt;">Hennes</font><font style="font-family:Times New Roman;font-size:10pt;"> &amp; </font><font style="font-family:Times New Roman;font-size:10pt;">Mauritz</font><font style="font-family:Times New Roman;font-size:10pt;"> (27,000 square feet) are the principal retail tenants;</font><p>&#160;</p></li><li style="margin-left:36px;list-style:disc;"><font style="font-family:Times New Roman;font-size:10pt;">Rego Park I</font><font style="font-family:Times New Roman;font-size:10pt;">, a</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">343</font><font style="font-family:Times New Roman;font-size:10pt;">,000 square </font><font style="font-family:Times New Roman;font-size:10pt;">foot shopping center,</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">located on Queens Boulevard and 63</font><font style="font-family:Times New Roman;font-size:10pt;">rd</font><font style="font-family:Times New Roman;font-size:10pt;"> Road in Queens. The center is anchored by a 195,000 square foot Sears department store, </font><font style="font-family:Times New Roman;font-size:10pt;">a 50,000 square foot Burlington Coat Factory, </font><font style="font-family:Times New Roman;font-size:10pt;">a 46,000 square foot Bed Bath &amp; Beyond and a 3</font><font style="font-family:Times New Roman;font-size:10pt;">6</font><font style="font-family:Times New Roman;font-size:10pt;">,000 square foot Marshalls</font><font style="font-family:Times New Roman;font-size:10pt;">;</font><p>&#160;</p></li><li style="margin-left:36px;list-style:disc;"><font style="font-family:Times New Roman;font-size:10pt;">Rego Park II</font><font style="font-family:Times New Roman;font-size:10pt;">, a</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">6</font><font style="font-family:Times New Roman;font-size:10pt;">09</font><font style="font-family:Times New Roman;font-size:10pt;">,000 square f</font><font style="font-family:Times New Roman;font-size:10pt;">oot shopping center,</font><font style="font-family:Times New Roman;font-size:10pt;"> adjacent to </font><font style="font-family:Times New Roman;font-size:10pt;">the</font><font style="font-family:Times New Roman;font-size:10pt;"> Rego Park I </font><font style="font-family:Times New Roman;font-size:10pt;">shopping c</font><font style="font-family:Times New Roman;font-size:10pt;">enter</font><font style="font-family:Times New Roman;font-size:10pt;"> in Queens</font><font style="font-family:Times New Roman;font-size:10pt;">. The</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">center is anchored by </font><font style="font-family:Times New Roman;font-size:10pt;">a </font><font style="font-family:Times New Roman;font-size:10pt;">145</font><font style="font-family:Times New Roman;font-size:10pt;">,000 square foot Costco, a 13</font><font style="font-family:Times New Roman;font-size:10pt;">5,000 square foot Century 21 and</font><font style="font-family:Times New Roman;font-size:10pt;"> a 13</font><font style="font-family:Times New Roman;font-size:10pt;">3</font><font style="font-family:Times New Roman;font-size:10pt;">,000 square foot Kohl's</font><font style="font-family:Times New Roman;font-size:10pt;">. In addition, </font><font style="font-family:Times New Roman;font-size:10pt;">47,000 square feet </font><font style="font-family:Times New Roman;font-size:10pt;">i</font><font style="font-family:Times New Roman;font-size:10pt;">s leased to Toys &#8220;R&#8221; Us/Babies &#8220;R&#8221; Us, a one-third owned affiliate of Vornado</font><font style="font-family:Times New Roman;font-size:10pt;">;</font><p>&#160;</p></li><li style="margin-left:36px;list-style:disc;"><font style="font-family:Times New Roman;font-size:10pt;">Paramus</font><font style="font-family:Times New Roman;font-size:10pt;">, located at the intersection of Routes 4 and 17 in Paramus, New Jersey, consists of 30.3 acres of land</font><font style="font-family:Times New Roman;font-size:10pt;"> that is</font><font style="font-family:Times New Roman;font-size:10pt;"> leased to IKEA Property, Inc.;</font><font style="font-family:Times New Roman;font-size:10pt;"> and</font><p>&#160;</p></li><li style="margin-left:36px;list-style:disc;"><font style="font-family:Times New Roman;font-size:10pt;">Flushing</font><font style="font-family:Times New Roman;font-size:10pt;">, a 1</font><font style="font-family:Times New Roman;font-size:10pt;">67,000 square foot building, </font><font style="font-family:Times New Roman;font-size:10pt;">located at Roosevelt Aven</font><font style="font-family:Times New Roman;font-size:10pt;">ue and Main Street in Queens</font><font style="font-family:Times New Roman;font-size:10pt;">,</font><font style="font-family:Times New Roman;font-size:10pt;"> that</font><font style="font-family:Times New Roman;font-size:10pt;"> is sub-leased to </font><font style="font-family:Times New Roman;font-size:10pt;">New World Mall LLC</font><font style="font-family:Times New Roman;font-size:10pt;"> for the rema</font><font style="font-family:Times New Roman;font-size:10pt;">inder of our ground lease term.</font><p>&#160;</p><p><font style="font-family:Times New Roman;font-size:10pt;text-decoration:underline;margin-left:0px;">Property</font><font style="font-family:Times New Roman;font-size:10pt;text-decoration:underline;"> </font><font style="font-family:Times New Roman;font-size:10pt;text-decoration:underline;">under development</font></p><p>&#160;</p></li></ul><p style='margin-top:0pt; margin-bottom:0pt'></p><ul><li style="margin-left:36px;list-style:disc;"><font style="font-family:Times New Roman;font-size:10pt;">Rego Park II Apartment Tower; W</font><font style="font-family:Times New Roman;font-size:10pt;">e </font><font style="font-family:Times New Roman;font-size:10pt;">have commenced the construction of an apartment tower, which will </font><font style="font-family:Times New Roman;font-size:10pt;">contain approximately 300 units aggregating 250,000 square feet, above our Rego Park II shopping center. </font><font style="font-family:Times New Roman;font-size:10pt;">Construction is </font><font style="font-family:Times New Roman;font-size:10pt;">expected</font><font style="font-family:Times New Roman;font-size:10pt;"> t</font><font style="font-family:Times New Roman;font-size:10pt;">o be completed in 2015 and </font><font style="font-family:Times New Roman;font-size:10pt;">cost</font><font style="font-family:Times New Roman;font-size:10pt;"> approximately</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">$1</font><font style="font-family:Times New Roman;font-size:10pt;">25</font><font style="font-family:Times New Roman;font-size:10pt;">,000,000</font><font style="font-family:Times New Roman;font-size:10pt;">, of which $</font><font style="font-family:Times New Roman;font-size:10pt;">2,265,000</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">has been </font><font style="font-family:Times New Roman;font-size:10pt;">incurred</font><font style="font-family:Times New Roman;font-size:10pt;"> as of </font><font style="font-family:Times New Roman;font-size:10pt;">December 31, 2013</font><font style="font-family:Times New Roman;font-size:10pt;">. There can be no assurance tha</font><font style="font-family:Times New Roman;font-size:10pt;">t the project will be completed, or completed </font><font style="font-family:Times New Roman;font-size:10pt;">on schedule or within budget.</font></li></ul><p style='margin-top:0pt; margin-bottom:0pt'>&#160;</p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;text-decoration:underline;margin-left:0px;">Propert</font><font style="font-family:Times New Roman;font-size:10pt;text-decoration:underline;">y</font><font style="font-family:Times New Roman;font-size:10pt;text-decoration:underline;"> to be developed</font></p><p style='margin-top:0pt; margin-bottom:0pt'>&#160;</p><p style='margin-top:0pt; margin-bottom:0pt'></p><ul><li style="margin-left:36px;list-style:disc;"><font style="font-family:Times New Roman;font-size:10pt;">Rego Park III</font><font style="font-family:Times New Roman;font-size:10pt;">, </font><font style="font-family:Times New Roman;font-size:10pt;">a 3.</font><font style="font-family:Times New Roman;font-size:10pt;">2</font><font style="font-family:Times New Roman;font-size:10pt;"> acre land parcel adjacent to </font><font style="font-family:Times New Roman;font-size:10pt;">the</font><font style="font-family:Times New Roman;font-size:10pt;"> Rego Park II </font><font style="font-family:Times New Roman;font-size:10pt;">shopping center</font><font style="font-family:Times New Roman;font-size:10pt;"> in Queens</font><font style="font-family:Times New Roman;font-size:10pt;">,</font><font style="font-family:Times New Roman;font-size:10pt;"> at the intersection of Junction Boulevard and the Horace Harding Service</font><font style="font-family:Times New Roman;font-size:10pt;"> Road.</font></li></ul><p style='margin-top:0pt; margin-bottom:0pt'>&#160;</p><p style='margin-top:0pt; margin-bottom:0pt'>&#160;</p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:14.4px;">We have determined that our properties have similar economic characteristics and meet the criteria </font><font style="font-family:Times New Roman;font-size:10pt;">that</font><font style="font-family:Times New Roman;font-size:10pt;"> permit the properties to be aggregated into one reportable segment (the leasing, management, development and redeveloping of properties in the greater New York City metropolitan area). Our chief operating decision-maker assesses and measures segment operating results based on a performance measure referred to as net operating income at the individual operating segment. Net operating income for each property represents net rental revenues less operating expenses.</font></p><p style='margin-top:0pt; margin-bottom:10pt'>&#160;</p>
CY2013Q4 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
6
CY2013 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
CY2013Q4 us-gaap Net Income Loss
NetIncomeLoss
15790000
CY2013Q4 alx Cumulative Amount Of Temporary Difference Between Book Value And Tax Basis
CumulativeAmountOfTemporaryDifferenceBetweenBookValueAndTaxBasis
189757000
CY2013 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
2213000
CY2012 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-4396000
CY2011 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
3429000
CY2013 alx Cash And Cash Equivalent Maturity Maximum
CashAndCashEquivalentMaturityMaximum
P3M
CY2013 us-gaap Income Tax Reconciliation Nondeductible Expense Depreciation And Amortization
IncomeTaxReconciliationNondeductibleExpenseDepreciationAndAmortization
-2134000
CY2012 us-gaap Income Tax Reconciliation Nondeductible Expense Depreciation And Amortization
IncomeTaxReconciliationNondeductibleExpenseDepreciationAndAmortization
-910000
CY2011 us-gaap Income Tax Reconciliation Nondeductible Expense Depreciation And Amortization
IncomeTaxReconciliationNondeductibleExpenseDepreciationAndAmortization
-1263000
CY2013 alx Income Tax Reconciliation Gain On Sale Difference
IncomeTaxReconciliationGainOnSaleDifference
0
CY2012 alx Income Tax Reconciliation Gain On Sale Difference
IncomeTaxReconciliationGainOnSaleDifference
23928000
CY2011 alx Income Tax Reconciliation Gain On Sale Difference
IncomeTaxReconciliationGainOnSaleDifference
0
CY2013 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
-27000
CY2012 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
-29000
CY2011 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
2425000
CY2012 alx Income Tax Reconciliation Straight Line Rent Adjustment
IncomeTaxReconciliationStraightLineRentAdjustment
-4475000
CY2011 alx Income Tax Reconciliation Straight Line Rent Adjustment
IncomeTaxReconciliationStraightLineRentAdjustment
-12609000
CY2013 alx Income Tax Reconciliation Straight Line Rent Adjustment
IncomeTaxReconciliationStraightLineRentAdjustment
-3707000
CY2013 us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
206000
CY2012 us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
0
CY2011 us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
0
CY2013 alx Taxable Income Loss
TaxableIncomeLoss
52950000
CY2011 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
746000
CY2013 alx Leasing Services Fee Description
LeasingServicesFeeDescription
Vornado also provides us with leasing services for a fee of 3% of rent for the first ten years of a lease term, 2% of rent for the eleventh through the twentieth year of a lease term, and 1% of rent for the twenty-first through thirtieth year of a lease term, subject to the payment of rents by tenants. In the event third-party real estate brokers are used, the fees to Vornado increase by 1% and Vornado is responsible for the fees to the third-party real estate brokers.
CY2013 us-gaap Management Fee Description
ManagementFeeDescription
We pay Vornado an annual management fee equal to the sum of (i) $2,800,000, (ii) 2% of gross revenue from the Rego Park II shopping center, (iii) $0.50 per square foot of the tenant-occupied office and retail space at 731 Lexington Avenue, and (iv) $272,000, escalating at 3% per annum, for managing the common area of 731 Lexington Avenue. In addition, Vornado is entitled to a development fee of 6% of development costs, as defined.
CY2013 us-gaap Debt Instrument Description Of Variable Rate Basis
DebtInstrumentDescriptionOfVariableRateBasis
LIBOR
CY2013 alx Asset Sale Commission Threshold
AssetSaleCommissionThreshold
50000000
CY2013Q4 alx Pledged Assets Seperately Reported Real Estate Pledged As Collateral At Carrying Value
PledgedAssetsSeperatelyReportedRealEstatePledgedAsCollateralAtCarryingValue
728007000
CY2013Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
0
CY2013Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
3308000
CY2013Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
317179000
CY2013Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
401439000
CY2013Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
3440000
CY2013Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
3707000
CY2013Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
324194000
CY2013Q4 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
0
CY2012Q4 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
0
CY2013Q4 us-gaap Available For Sale Securities Fair Value Disclosure
AvailableForSaleSecuritiesFairValueDisclosure
31522000
CY2012Q4 us-gaap Available For Sale Securities Fair Value Disclosure
AvailableForSaleSecuritiesFairValueDisclosure
31206000
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Receivable Current
OperatingLeasesFutureMinimumPaymentsReceivableCurrent
126803000
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
127885000
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
119594000
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
120932000
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
120971000
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
1022573000
CY2012 us-gaap Percentage Rent
PercentageRent
416000
CY2011 us-gaap Percentage Rent
PercentageRent
427000
CY2013 us-gaap Percentage Rent
PercentageRent
416000
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
700000
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
700000
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
700000
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
792000
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
800000
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
6466000
CY2013 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
746000
CY2012 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
746000
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
891219 shares
CY2013 us-gaap Multiemployer Plans Period Contributions Significance Of Contributions
MultiemployerPlansPeriodContributionsSignificanceOfContributions
false
CY2011 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
24592000
CY2012 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
624346000
CY2013 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
2252000
CY2013Q4 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
50496000
CY2013Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.09
CY2013Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.09
CY2013Q3 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
49886000
CY2013Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.71
CY2013Q3 us-gaap Net Income Loss
NetIncomeLoss
13824000
CY2013Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.71
CY2013Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.57
CY2013Q2 us-gaap Net Income Loss
NetIncomeLoss
13139000
CY2013Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.57
CY2013Q2 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
47302000
CY2013Q1 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
48775000
CY2013Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.77
CY2013Q1 us-gaap Net Income Loss
NetIncomeLoss
14162000
CY2013Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.77
CY2012Q3 us-gaap Net Income Loss
NetIncomeLoss
18856000
CY2012Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.69
CY2012Q3 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
48642000
CY2012Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.69
CY2012Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.70
CY2012Q2 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
46878000
CY2012Q2 us-gaap Net Income Loss
NetIncomeLoss
18892000
CY2012Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.70
CY2012Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.81
CY2012Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.81
CY2012Q1 us-gaap Net Income Loss
NetIncomeLoss
19482000
CY2012Q1 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
47301000
CY2012Q4 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
48491000
CY2012Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
120.82
CY2012Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
120.82
CY2012Q4 us-gaap Net Income Loss
NetIncomeLoss
617157000
CY2012Q4 us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
599628000
CY2013Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Land
RealEstateAndAccumulatedDepreciationCarryingAmountOfLand
44971000
CY2013Q4 us-gaap Real Estate And Accumulated Depreciation Amount Of Encumbrances
RealEstateAndAccumulatedDepreciationAmountOfEncumbrances
1049959000
CY2013Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Land
RealEstateAndAccumulatedDepreciationInitialCostOfLand
21593000
CY2013Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements
26239000
CY2013Q4 us-gaap Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Improvements
RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionImprovements
871744000
CY2013Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements
869681000
CY2013Q4 alx Real Estate And Accumulated Depreciation Carrying Amount Of Development And Construction In Progress
RealEstateAndAccumulatedDepreciationCarryingAmountOfDevelopmentAndConstructionInProgress
4924000
CY2013Q4 alx Real Estate And Accumulated Depreciation Carrying Amount
RealEstateAndAccumulatedDepreciationCarryingAmount
919576000
CY2013Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
185375000
CY2012Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
911792000
CY2012 us-gaap Real Estate Other Deductions
RealEstateOtherDeductions
0
CY2010Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
897312000
CY2011 us-gaap Real Estate Other Deductions
RealEstateOtherDeductions
0
CY2011Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
906907000
CY2013 us-gaap Real Estate Other Deductions
RealEstateOtherDeductions
0
CY2013Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
919576000
CY2013 us-gaap Real Estate Accumulated Depreciation Depreciation Expense
RealEstateAccumulatedDepreciationDepreciationExpense
24549000
CY2012 us-gaap Real Estate Accumulated Depreciation Depreciation Expense
RealEstateAccumulatedDepreciationDepreciationExpense
24366000
CY2012Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
160826000
CY2011 us-gaap Real Estate Accumulated Depreciation Depreciation Expense
RealEstateAccumulatedDepreciationDepreciationExpense
23695000
CY2011Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
136460000
CY2010Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
112765000
CY2011 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
0
CY2012 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
0
CY2013 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
0
CY2011 alx Real Estate Accumulated Depreciation Before Accumulated Depreciation On Asset Sold And Written Off
RealEstateAccumulatedDepreciationBeforeAccumulatedDepreciationOnAssetSoldAndWrittenOff
906907000
CY2011Q4 alx Real Estate Before Real Estate Sold And Written Off
RealEstateBeforeRealEstateSoldAndWrittenOff
136460000
CY2012 alx Real Estate Accumulated Depreciation Before Accumulated Depreciation On Asset Sold And Written Off
RealEstateAccumulatedDepreciationBeforeAccumulatedDepreciationOnAssetSoldAndWrittenOff
911792000
CY2013 alx Real Estate Accumulated Depreciation Before Accumulated Depreciation On Asset Sold And Written Off
RealEstateAccumulatedDepreciationBeforeAccumulatedDepreciationOnAssetSoldAndWrittenOff
919576000
CY2012Q4 alx Real Estate Before Real Estate Sold And Written Off
RealEstateBeforeRealEstateSoldAndWrittenOff
160826000
CY2013Q4 alx Real Estate Before Real Estate Sold And Written Off
RealEstateBeforeRealEstateSoldAndWrittenOff
185375000

Files In Submission

Name View Source Status
0000003499-14-000005-index-headers.html Edgar Link pending
0000003499-14-000005-index.html Edgar Link pending
0000003499-14-000005.txt Edgar Link pending
0000003499-14-000005-xbrl.zip Edgar Link pending
alx-20131231.xml Edgar Link completed
alx-20131231.xsd Edgar Link pending
alx-20131231_cal.xml Edgar Link unprocessable
alx-20131231_def.xml Edgar Link unprocessable
alx-20131231_lab.xml Edgar Link unprocessable
alx-20131231_pre.xml Edgar Link unprocessable
alx201310k.htm Edgar Link pending
exhibit1059.htm Edgar Link pending
exhibit1060.htm Edgar Link pending
exhibit1061.htm Edgar Link pending
exhibit1062.htm Edgar Link pending
exhibit12.htm Edgar Link pending
exhibit21.htm Edgar Link pending
exhibit23.htm Edgar Link pending
exhibit311.htm Edgar Link pending
exhibit312.htm Edgar Link pending
exhibit321.htm Edgar Link pending
exhibit322.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
x14021915020800.gif Edgar Link pending