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Consolidated balance sheets

In millions of USD; shares in millions, except per-share amounts
Q2 FY2026
As of Jun 30, 2026
Q1 FY2026
As of Mar 31, 2026
Q4 FY2025
As of Dec 31, 2025
Q3 FY2025
As of Sep 30, 2025
Q2 FY2025
As of Jun 30, 2025
Q1 FY2025
As of Mar 31, 2025
Q4 FY2024
As of Dec 31, 2024
Q3 FY2024
As of Sep 30, 2024
Q2 FY2024
As of Jun 30, 2024
Q1 FY2024
As of Mar 31, 2024
Q4 FY2023
As of Dec 31, 2023
Q3 FY2023
As of Sep 30, 2023
Q2 FY2023
As of Jun 30, 2023
Q1 FY2023
As of Mar 31, 2023
Q4 FY2022
As of Dec 31, 2022
Q3 FY2022
As of Sep 30, 2022
Q2 FY2022
As of Jun 30, 2022
Q1 FY2022
As of Mar 31, 2022
Q4 FY2021
As of Dec 31, 2021
Q3 FY2021
As of Sep 30, 2021
ASSETS
Real estate, at cost:
Land
Vornado Realty L.P.
Total land
Buildings and improvements
Vornado Realty L.P.
Total buildings and improvements
Development costs and construction in progress
Vornado Realty L.P.
Total development costs and construction in progress
Leasehold improvements and equipment
Vornado Realty L.P.
Total leasehold improvements and equipment
Total
Vornado Realty L.P.
Total total
Less accumulated depreciation and amortization
Vornado Realty L.P.
Total less accumulated depreciation and amortization
Real estate, net
Vornado Realty L.P.
Total real estate, net
Right-of-use assets
Vornado Realty L.P.
Total right-of-use assets
Net investment in lease
Vornado Realty L.P.
Total net investment in lease
Cash and cash equivalents
Vornado Realty L.P.
Total cash and cash equivalents
Restricted cash
Vornado Realty L.P.
Total restricted cash
Investments in U.S. Treasury bills
Vornado Realty L.P.
Total investments in U.S. Treasury bills
Tenant and other receivables
Vornado Realty L.P.
Total tenant and other receivables
Investments in partially owned entities
Vornado Realty L.P.
Total investments in partially owned entities
220 Central Park South condominium units ready for sale
Vornado Realty L.P.
Total 220 Central Park South condominium units ready for sale
Receivable arising from the straight-lining of rents
Vornado Realty L.P.
Total receivable arising from the straight-lining of rents
Deferred leasing costs, net of accumulated amortization of $242,589 and $233,448
Vornado Realty L.P.
Total deferred leasing costs, net of accumulated amortization of $242,589 and $233,448
Identified intangible assets, net of accumulated amortization of $85,206 and $81,962
Vornado Realty L.P.
Total identified intangible assets, net of accumulated amortization of $85,206 and $81,962
Other assets
Vornado Realty L.P.
Total other assets
Vornado Realty L.P.
Total assets
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY
Mortgages payable, net
Vornado Realty L.P.
Total mortgages payable, net
Senior unsecured notes, net
Vornado Realty L.P.
Total senior unsecured notes, net
Unsecured term loan, net
Vornado Realty L.P.
Total unsecured term loan, net
Unsecured revolving credit facilities
Vornado Realty L.P.
Total unsecured revolving credit facilities
Lease liabilities
Vornado Realty L.P.
Total lease liabilities
Accounts payable and accrued expenses
Vornado Realty L.P.
Total accounts payable and accrued expenses
Deferred revenue
Vornado Realty L.P.
Total deferred revenue
Deferred compensation plan
Vornado Realty L.P.
Total deferred compensation plan
Other liabilities
Vornado Realty L.P.
Total other liabilities
Liabilities
Vornado Realty L.P.
Total liabilities
Redeemable noncontrolling interests:
Class A units - 16,653,539 and 16,650,713 units outstanding
Series D cumulative redeemable preferred units - 141,400 units outstanding
Partnership Interest
Subsidiary
Vornado Realty L.P.
Total redeemable noncontrolling interests
Preferred shares of beneficial interest: issued shares (in shares)
Shareholders' equity:
Preferred shares of beneficial interest: no par value per share; authorized 110,000,000 shares; issued and outstanding 48,787,838 and 48,788,450 shares
Common shares of beneficial interest: $0.04 par value per share; authorized 250,000,000 shares; issued and outstanding 186,720,531 and 190,666,367 shares
Additional capital
Partners' capital
Earnings less than distributions
Vornado Realty L.P.
Total earnings less than distributions
Accumulated other comprehensive income (loss)
Vornado Realty L.P.
Total accumulated other comprehensive income (loss)
Shareholders' / partners' equity
Vornado Realty L.P.
Total shareholders' / partners' equity
Noncontrolling interests in consolidated subsidiaries
Vornado Realty L.P.
Total noncontrolling interests in consolidated subsidiaries
Equity
Vornado Realty L.P.
Total equity
Liabilities, redeemable noncontrolling interests / partnership units and equity
Vornado Realty L.P.
Total liabilities, redeemable noncontrolling interests / partnership units and equity
Outstanding Partnership Units held by Third Parties (shares)

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