2019 Q4 Form 10-K Financial Statement

#000000349921000005 Filed on February 16, 2021

View on sec.gov

Income Statement

Concept 2019 Q4 2018 2017 Q4
Revenue $55.88M $232.8M $58.06M
YoY Change -2.93% 0.98% 1.41%
Cost Of Revenue $23.20M $96.20M $21.20M
YoY Change -4.13% 9.94% 3.41%
Gross Profit $32.60M $136.7M $36.90M
YoY Change -2.4% -4.47% 0.54%
Gross Profit Margin 58.34% 58.71% 63.55%
Selling, General & Admin $900.0K $3.000M $2.200M
YoY Change 28.57% 3.45% 0.0%
% of Gross Profit 2.76% 2.19% 5.96%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $9.100M $38.50M $11.70M
YoY Change -1.09% -0.47% 34.48%
% of Gross Profit 27.91% 28.16% 31.71%
Operating Expenses $8.800M $132.2M $12.50M
YoY Change 3.53% 5.51% 22.55%
Operating Profit $23.80M $100.6M $24.40M
YoY Change -4.42% -4.42% -7.92%
Interest Expense -$9.500M -$44.00M -$6.500M
YoY Change -36.24% 77.42% 35.42%
% of Operating Profit -39.92% -43.73% -26.64%
Other Income/Expense, Net
YoY Change
Pretax Income $14.40M $56.65M $17.90M
YoY Change 44.0% -29.64% -17.51%
Income Tax $4.000K $0.00
% Of Pretax Income 0.01% 0.0%
Net Earnings $14.43M $32.84M $17.88M
YoY Change 44.76% -59.2% -17.42%
Net Earnings / Revenue 25.83% 14.11% 30.8%
Basic Earnings Per Share $2.82 $3.50
Diluted Earnings Per Share $2.82 $6.431M $3.50
COMMON SHARES
Basic Shares Outstanding 5.107M shares 5.107M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2019 Q4 2018 2017 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $312.5M $283.1M $342.7M
YoY Change 2.04% -7.93% 4.85%
Cash & Equivalents $298.1M $283.1M $307.5M
Short-Term Investments $14.41M $35.16M
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $6.100M $4.100M $2.700M
Other Receivables $166.4M $168.8M $174.7M
Total Short-Term Assets $470.6M $456.0M $484.9M
YoY Change 3.2% -5.96% 2.95%
LONG-TERM ASSETS
Property, Plant & Equipment $721.4M $730.3M $754.3M
YoY Change -1.22% -3.18% -3.39%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $14.40M $23.20M $233.7M
YoY Change -37.93% -90.07% 516.62%
Other Assets $57.00M $47.10M $131.5M
YoY Change 21.02% -64.18% -1.94%
Total Long-Term Assets $794.9M $829.5M $1.147B
YoY Change -4.18% -27.71% 17.06%
TOTAL ASSETS
Total Short-Term Assets $470.6M $456.0M $484.9M
Total Long-Term Assets $794.9M $829.5M $1.147B
Total Assets $1.266B $1.286B $1.632B
YoY Change -1.56% -21.25% 12.48%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $31.80M $30.90M $42.80M
YoY Change 2.91% -27.8% 1.42%
Accrued Expenses $4.800M
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 $38.00M $31.60M $45.30M
YoY Change 20.25% -30.24% 5.1%
LONG-TERM LIABILITIES
Long-Term Debt $971.0M $965.8M $1.240B
YoY Change 0.54% -22.13% 17.84%
Other Long-Term Liabilities $3.000M $3.000M $2.900M
YoY Change 0.0% 3.45% 0.0%
Total Long-Term Liabilities $974.0M $968.8M $1.243B
YoY Change 0.54% -22.07% 17.8%
TOTAL LIABILITIES
Total Short-Term Liabilities $38.00M $31.60M $45.30M
Total Long-Term Liabilities $974.0M $968.8M $1.243B
Total Liabilities $1.012B $1.001B $1.288B
YoY Change 1.15% -22.35% 17.3%
SHAREHOLDERS EQUITY
Retained Earnings $216.4M $302.5M
YoY Change -12.9% -2.09%
Common Stock $5.173M $5.173M
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $368.0K $368.0K
YoY Change 0.0% -1.6%
Treasury Stock Shares 66.16K shares 66.16K shares
Shareholders Equity $253.5M $285.1M $344.0M
YoY Change
Total Liabilities & Shareholders Equity $1.266B $1.286B $1.632B
YoY Change -1.56% -21.25% 12.48%

Cashflow Statement

Concept 2019 Q4 2018 2017 Q4
OPERATING ACTIVITIES
Net Income $14.43M $32.84M $17.88M
YoY Change 44.76% -59.2% -17.42%
Depreciation, Depletion And Amortization $9.100M $38.50M $11.70M
YoY Change -1.09% -0.47% 34.48%
Cash From Operating Activities $26.10M $73.54M $51.20M
YoY Change 283.82% -40.42% 4.7%
INVESTING ACTIVITIES
Capital Expenditures -$2.800M -$4.000M -$200.0K
YoY Change 86.67% 17.65% -90.48%
Acquisitions
YoY Change
Other Investing Activities $0.00 $2.800M $800.0K
YoY Change -100.0% -101.41%
Cash From Investing Activities -$2.800M -$1.137M $400.0K
YoY Change 211.11% -99.44% -119.05%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $160.1M
YoY Change -47.27%
Cash From Financing Activities -23.00M -$176.2M -23.00M
YoY Change -10.51% -281.36% 7.48%
NET CHANGE
Cash From Operating Activities 26.10M $73.54M 51.20M
Cash From Investing Activities -2.800M -$1.137M 400.0K
Cash From Financing Activities -23.00M -$176.2M -23.00M
Net Change In Cash 300.0K -$103.8M 28.60M
YoY Change -101.52% -657.95% 12.6%
FREE CASH FLOW
Cash From Operating Activities $26.10M $73.54M $51.20M
Capital Expenditures -$2.800M -$4.000M -$200.0K
Free Cash Flow $28.90M $77.54M $51.40M
YoY Change 248.19% -38.86% 0.78%

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CY2020 us-gaap Nature Of Operations
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ORGANIZATION<div style="text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Alexander’s, Inc. (NYSE: ALX) is a real estate investment trust (“REIT”), incorporated in Delaware, engaged in leasing, managing, developing and redeveloping its properties.  All references to “we,” “us,” “our,” “Company” and “Alexander’s” refer to Alexander’s, Inc. and its consolidated subsidiaries.  We are managed by, and our properties are leased and developed by, Vornado Realty Trust (“Vornado”) (NYSE: VNO).</span></div><div style="text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We have seven properties in the greater New York City metropolitan area consisting of:</span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:7pt;font-weight:400;line-height:120%"> </span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Operating properties</span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">731 Lexington Avenue, a 1,323,000 square foot multi-use building, comprising the entire block bounded by Lexington Avenue, East 59</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%;position:relative;top:-3.5pt;vertical-align:baseline">th</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> Street, Third Avenue and East 58</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%;position:relative;top:-3.5pt;vertical-align:baseline">th</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> Street in Manhattan. The building contains 920,000 and 155,000 of net 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. (“Bloomberg”) occupies all of the office space. The Home Depot (83,000 square feet) is the principal retail tenant;</span></div><div style="padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Rego Park I, a 338,000 square foot shopping center, located on Queens Boulevard and 63</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">rd</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> Road in Queens. The center is anchored by a 112,000 square foot IKEA, a 50,000 square foot Burlington, a 46,000 square foot Bed Bath &amp; Beyond and a 36,000 square foot Marshalls;</span></div><div style="padding-left:36pt;text-align:justify"><span><br/></span></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Rego Park II, a 609,000 square foot shopping center, adjacent to the Rego Park I shopping center in Queens. The center is anchored by a 145,000 square foot Costco and a 133,000 square foot Kohl’s, which has been subleased.</span><span style="color:#ee2724;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On September 10, 2020, Century 21 ($6,400,000 of annual revenue) filed for Chapter 11 bankruptcy and closed its 135,000 square foot store on December 7, 2020; </span></div><div style="padding-left:36pt;text-align:justify"><span><br/></span></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">The Alexander apartment tower, located above our Rego Park II shopping center, contains 312 units aggregating 255,000 square feet;</span></div><div style="padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Paramus, located at the intersection of Routes 4 and 17 in Paramus, New Jersey, consists of 30.3 acres of land that is leased to IKEA; and</span></div><div style="padding-left:36pt;text-align:justify"><span><br/></span></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Flushing, a 167,000 square foot building, located on Roosevelt Avenue and Main Street in Queens, that is sub-leased to New World Mall LLC for the remainder of our ground lease term.</span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Property to be developed</span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Rego Park III, a 140,000 square foot land parcel adjacent to the Rego Park II shopping center in Queens, at the intersection of Junction Boulevard and the Horace Harding Service Road.</span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We have determined that our properties have similar economic characteristics and meet the criteria that 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.</span></div>
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IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
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IncomeTaxReconciliationOtherAdjustments
-7677000 USD
CY2019 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-137000 USD
CY2020 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
14959000 USD
CY2019 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
209000 USD
CY2020 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
120395000 USD
CY2019 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
142679000 USD
CY2020 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
71021000 USD
CY2019 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
74572000 USD
CY2020 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
191416000 USD
CY2019 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
217251000 USD
CY2020Q4 us-gaap Marketable Securities
MarketableSecurities
6024000 USD
CY2019Q4 us-gaap Marketable Securities
MarketableSecurities
14409000 USD
CY2018Q1 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
23797000 USD
CY2018Q1 alx Additional Real Estate Transfer Tax
AdditionalRealEstateTransferTax
15874000 USD
CY2018Q1 alx Real Estate Tax Expense Interest
RealEstateTaxExpenseInterest
7923000 USD
CY2020Q4 alx Pledged Assets Seperately Reported Real Estate Pledged As Collateral At Carrying Value
PledgedAssetsSeperatelyReportedRealEstatePledgedAsCollateralAtCarryingValue
657800000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
0 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
500000000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
68000000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
0 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
502544000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
94000000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
132812000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
126002000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
127115000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
135274000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
124595000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
475364000 USD
CY2020Q4 alx Lessee Operating Lease Number Of Extension Options
LesseeOperatingLeaseNumberOfExtensionOptions
1 option
CY2020Q4 us-gaap Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
P10Y
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
3974000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
4236000 USD
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0453
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
800000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
800000 USD
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LesseeOperatingLeaseLiabilityPaymentsDueYearThree
800000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
800000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
800000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
800000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
4800000 USD
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564000 USD
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OperatingLeaseLiability
4236000 USD
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OperatingLeaseExpense
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OperatingLeaseExpense
746000 USD
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OperatingLeaseExpense
746000 USD
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OperatingLeasePayments
800000 USD
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OperatingLeasePayments
800000 USD
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
800000 USD
CY2020Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
960000 USD
CY2020 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
5120922 shares
CY2019 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
5118198 shares
CY2019 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2018 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2020 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
41939000 USD
CY2019 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
60075000 USD
CY2018 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
56641000 USD
CY2020 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
0 USD
CY2019 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
0 USD
CY2018 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-23797000 USD
CY2020 us-gaap Net Income Loss
NetIncomeLoss
41939000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
60075000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
32844000 USD
CY2018 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
5116838 shares
CY2020 us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
8.19
CY2019 us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
11.74
CY2018 us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
11.07
CY2020 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
0
CY2019 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
0
CY2018 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
-4.65
CY2020 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
8.19
CY2019 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
11.74
CY2018 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
6.42
CY2020Q4 srt Real Estate And Accumulated Depreciation Amount Of Encumbrances
RealEstateAndAccumulatedDepreciationAmountOfEncumbrances
1164544000 USD
CY2020Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Land
RealEstateAndAccumulatedDepreciationInitialCostOfLand
21593000 USD
CY2020Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements
26239000 USD
CY2020Q4 us-gaap Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Improvements
RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionImprovements
1023211000 USD
CY2020Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Land
RealEstateAndAccumulatedDepreciationCarryingAmountOfLand
44971000 USD
CY2020Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements
1014311000 USD
CY2020Q4 alx Real Estate And Accumulated Depreciation Carrying Amount Of Development And Construction In Progress
RealEstateAndAccumulatedDepreciationCarryingAmountOfDevelopmentAndConstructionInProgress
11761000 USD
CY2020Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
1071043000 USD
CY2020Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
350122000 USD
CY2020Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
8374000 USD
CY2018Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
1027691000 USD
CY2020Q4 alx Cumulative Amount Of Temporary Difference Between Book Value And Tax Basis
CumulativeAmountOfTemporaryDifferenceBetweenBookValueAndTaxBasis
139364000 USD
CY2019Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
1041342000 USD
CY2018Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
1027691000 USD
CY2017Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
1037368000 USD
CY2020 alx Real Estate Accumulated Depreciation Before Accumulated Depreciation On Asset Sold And Written Off
RealEstateAccumulatedDepreciationBeforeAccumulatedDepreciationOnAssetSoldAndWrittenOff
1071919000 USD
CY2019 alx Real Estate Accumulated Depreciation Before Accumulated Depreciation On Asset Sold And Written Off
RealEstateAccumulatedDepreciationBeforeAccumulatedDepreciationOnAssetSoldAndWrittenOff
1041342000 USD
CY2018 alx Real Estate Accumulated Depreciation Before Accumulated Depreciation On Asset Sold And Written Off
RealEstateAccumulatedDepreciationBeforeAccumulatedDepreciationOnAssetSoldAndWrittenOff
1041281000 USD
CY2020 us-gaap Real Estate Other Deductions
RealEstateOtherDeductions
876000 USD
CY2019 us-gaap Real Estate Other Deductions
RealEstateOtherDeductions
0 USD
CY2018 us-gaap Real Estate Other Deductions
RealEstateOtherDeductions
13590000 USD
CY2020Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
1071043000 USD
CY2019Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
1041342000 USD
CY2019Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
324499000 USD
CY2020Q4 alx Real Estate Before Real Estate Sold And Written Off
RealEstateBeforeRealEstateSoldAndWrittenOff
350998000 USD
CY2018Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
297421000 USD
CY2017Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
283044000 USD
CY2020 us-gaap Real Estate Accumulated Depreciation Other Additions
RealEstateAccumulatedDepreciationOtherAdditions
26499000 USD
CY2019 us-gaap Real Estate Accumulated Depreciation Other Additions
RealEstateAccumulatedDepreciationOtherAdditions
27078000 USD
CY2018 us-gaap Real Estate Accumulated Depreciation Other Additions
RealEstateAccumulatedDepreciationOtherAdditions
27967000 USD
CY2019Q4 alx Real Estate Before Real Estate Sold And Written Off
RealEstateBeforeRealEstateSoldAndWrittenOff
324499000 USD
CY2018Q4 alx Real Estate Before Real Estate Sold And Written Off
RealEstateBeforeRealEstateSoldAndWrittenOff
311011000 USD
CY2020 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
876000 USD
CY2019 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
0 USD
CY2018 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
13590000 USD
CY2020Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
350122000 USD
CY2019Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
324499000 USD
CY2018Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
297421000 USD

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