2021 Q3 Form 10-Q Financial Statement

#000089968921000052 Filed on November 01, 2021

View on sec.gov

Income Statement

Concept 2021 Q3 2020 Q3 2019 Q4
Revenue $409.2M $364.0M $461.0M
YoY Change 12.43% -21.89% -15.17%
Cost Of Revenue $212.7M $195.6M $224.0M
YoY Change 8.74% -13.6% -11.92%
Gross Profit $196.5M $168.3M $237.0M
YoY Change 16.76% -29.76% -18.02%
Gross Profit Margin 48.02% 46.24% 51.41%
Selling, General & Admin $25.55M $32.40M $39.80M
YoY Change -21.13% -2.41% 20.97%
% of Gross Profit 13.0% 19.25% 16.79%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $105.5M $112.0M $96.90M
YoY Change -5.78% 10.78% -18.57%
% of Gross Profit 53.7% 66.55% 40.89%
Operating Expenses $349.6M $340.0M $136.6M
YoY Change 2.83% -5.19% -2.29%
Operating Profit -$153.1M -$171.7M $100.4M
YoY Change -10.84% 44.3% -32.75%
Interest Expense -$24.05M -$137.5M -$32.00M
YoY Change -82.51% 311.68% 8.11%
% of Operating Profit -31.87%
Other Income/Expense, Net $5.000K $902.0K $4.800M
YoY Change -99.45% -3.74% -200.0%
Pretax Income $46.39M $92.52M $183.5M
YoY Change -49.86% -76.14% 40.94%
Income Tax -$25.38M $23.78M $22.90M
% Of Pretax Income -54.7% 25.7% 12.48%
Net Earnings $63.52M $65.70M $205.8M
YoY Change -3.32% -80.41% 82.12%
Net Earnings / Revenue 15.52% 18.05% 44.65%
Basic Earnings Per Share $0.20 $0.28 $1.01
Diluted Earnings Per Share $0.20 $0.28 $1.01
COMMON SHARES
Basic Shares Outstanding 191.6M shares 191.2M shares 191.0M shares
Diluted Shares Outstanding 192.0M shares 191.2M shares

Balance Sheet

Concept 2021 Q3 2020 Q3 2019 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.129B $1.411B $1.548B
YoY Change 50.88% 20.78% 114.12%
Cash & Equivalents $2.129B $1.411B $1.515B
Short-Term Investments $0.00 $33.31M
Other Short-Term Assets
YoY Change
Inventory $77.66M $181.0M $409.0M
Prepaid Expenses
Receivables $745.7M $781.0M $838.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $2.952B $2.373B $2.762B
YoY Change 24.41% 4.86% 64.5%
LONG-TERM ASSETS
Property, Plant & Equipment $9.948B $10.68B $10.44B
YoY Change -6.86% 0.42% -20.06%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $3.292B $3.508B $4.255B
YoY Change -6.17% -19.65% 220.17%
Other Assets $525.5M $464.0M $446.0M
YoY Change 13.26% -2.11% -18.32%
Total Long-Term Assets $14.54B $15.19B $15.53B
YoY Change -4.3% -4.78% 0.15%
TOTAL ASSETS
Total Short-Term Assets $2.952B $2.373B $2.762B
Total Long-Term Assets $14.54B $15.19B $15.53B
Total Assets $17.49B $17.56B $18.29B
YoY Change -0.42% -3.59% 6.44%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $449.8M $430.0M $440.0M
YoY Change 4.6% -5.08% 2.09%
Accrued Expenses $372.9M $426.0M $498.0M
YoY Change -12.46% -13.24%
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 $822.7M $856.0M $1.336B
YoY Change -3.89% -9.32% 209.98%
LONG-TERM LIABILITIES
Long-Term Debt $8.932B $7.457B $7.407B
YoY Change 19.78% -0.4% -24.7%
Other Long-Term Liabilities $463.9M $1.670B $1.344B
YoY Change -72.22% 36.89% 31.51%
Total Long-Term Liabilities $9.396B $9.127B $8.751B
YoY Change 2.94% 4.82% -19.41%
TOTAL LIABILITIES
Total Short-Term Liabilities $822.7M $856.0M $1.336B
Total Long-Term Liabilities $9.396B $9.127B $8.751B
Total Liabilities $10.22B $9.983B $10.09B
YoY Change 2.35% 3.44% -10.65%
SHAREHOLDERS EQUITY
Retained Earnings -$2.989B -$2.464B -$1.954B
YoY Change 21.32% 49.4% -53.1%
Common Stock $7.646M $7.629M $7.618M
YoY Change 0.22% 0.21% 0.24%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $6.294B $6.469B $6.732B
YoY Change
Total Liabilities & Shareholders Equity $17.49B $17.56B $18.29B
YoY Change -0.42% -3.59% 6.44%

Cashflow Statement

Concept 2021 Q3 2020 Q3 2019 Q4
OPERATING ACTIVITIES
Net Income $63.52M $65.70M $205.8M
YoY Change -3.32% -80.41% 82.12%
Depreciation, Depletion And Amortization $105.5M $112.0M $96.90M
YoY Change -5.78% 10.78% -18.57%
Cash From Operating Activities $5.394M -$76.30M $264.5M
YoY Change -107.07% -172.6% -15.92%
INVESTING ACTIVITIES
Capital Expenditures -$325.4M -$157.6M -$311.3M
YoY Change 106.5% -30.94% 7.46%
Acquisitions
YoY Change
Other Investing Activities $116.3M $405.0M $546.0M
YoY Change -71.29% 17.97% 749.14%
Cash From Investing Activities -$209.2M $247.5M $234.8M
YoY Change -184.52% 115.22% -204.17%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 154.6M -544.2M -137.7M
YoY Change -128.42% 956.7% -52.86%
NET CHANGE
Cash From Operating Activities 5.394M -76.30M 264.5M
Cash From Investing Activities -209.2M 247.5M 234.8M
Cash From Financing Activities 154.6M -544.2M -137.7M
Net Change In Cash -49.14M -373.0M 361.6M
YoY Change -86.83% -321.23% -278.22%
FREE CASH FLOW
Cash From Operating Activities $5.394M -$76.30M $264.5M
Capital Expenditures -$325.4M -$157.6M -$311.3M
Free Cash Flow $330.8M $81.30M $575.8M
YoY Change 306.93% -75.61% -4.72%

Facts In Submission

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IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
46389000 USD
CY2020Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
92517000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
155039000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-214688000 USD
CY2021Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-25376000 USD
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
23781000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-20551000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
38431000 USD
CY2021Q3 us-gaap Profit Loss
ProfitLoss
71765000 USD
CY2020Q3 us-gaap Profit Loss
ProfitLoss
68736000 USD
us-gaap Profit Loss
ProfitLoss
175590000 USD
us-gaap Profit Loss
ProfitLoss
-253119000 USD
CY2021Q3 us-gaap Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable
NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable
5425000 USD
CY2020Q3 us-gaap Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable
NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable
-848000 USD
us-gaap Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable
NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable
20323000 USD
us-gaap Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable
NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable
-141003000 USD
CY2021Q3 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
2818000 USD
CY2020Q3 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
3884000 USD
us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
6683000 USD
us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
-10090000 USD
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
63522000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
65700000 USD
us-gaap Net Income Loss
NetIncomeLoss
148584000 USD
us-gaap Net Income Loss
NetIncomeLoss
-102026000 USD
CY2021Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
16800000 USD
CY2020Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
12530000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
49734000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
37591000 USD
CY2021Q3 us-gaap Preferred Stock Redemption Premium
PreferredStockRedemptionPremium
9033000 USD
CY2020Q3 us-gaap Preferred Stock Redemption Premium
PreferredStockRedemptionPremium
0 USD
us-gaap Preferred Stock Redemption Premium
PreferredStockRedemptionPremium
9033000 USD
us-gaap Preferred Stock Redemption Premium
PreferredStockRedemptionPremium
0 USD
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
37689000 USD
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
53170000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
89817000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-139617000 USD
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.20
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.28
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.47
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.73
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
191577000 shares
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
191162000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
191508000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
191102000 shares
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.20
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.28
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.47
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.73
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
192041000 shares
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
191162000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
192151000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
191102000 shares
CY2021Q3 us-gaap Profit Loss
ProfitLoss
71765000 USD
CY2020Q3 us-gaap Profit Loss
ProfitLoss
68736000 USD
us-gaap Profit Loss
ProfitLoss
175590000 USD
us-gaap Profit Loss
ProfitLoss
-253119000 USD
CY2021Q3 vno Other Comprehensive Income Loss Derivatives Qualifying As Hedges And Other Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesAndOtherNetOfTax
5362000 USD
CY2020Q3 vno Other Comprehensive Income Loss Derivatives Qualifying As Hedges And Other Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesAndOtherNetOfTax
7926000 USD
vno Other Comprehensive Income Loss Derivatives Qualifying As Hedges And Other Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesAndOtherNetOfTax
25555000 USD
vno Other Comprehensive Income Loss Derivatives Qualifying As Hedges And Other Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesAndOtherNetOfTax
-37473000 USD
CY2021Q3 vno Our Share Of Partially Owned Entities Oci Adjustments
OurShareOfPartiallyOwnedEntitiesOciAdjustments
1322000 USD
CY2020Q3 vno Our Share Of Partially Owned Entities Oci Adjustments
OurShareOfPartiallyOwnedEntitiesOciAdjustments
-15634000 USD
vno Our Share Of Partially Owned Entities Oci Adjustments
OurShareOfPartiallyOwnedEntitiesOciAdjustments
6381000 USD
vno Our Share Of Partially Owned Entities Oci Adjustments
OurShareOfPartiallyOwnedEntitiesOciAdjustments
-15626000 USD
CY2021Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
78449000 USD
CY2020Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
61028000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
207526000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-306218000 USD
CY2021Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
8669000 USD
CY2020Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
2516000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
29022000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-154591000 USD
CY2021Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
69780000 USD
CY2020Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
58512000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
178504000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-151627000 USD
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6568317000 USD
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
63522000 USD
CY2021Q3 us-gaap Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossAttributableToNonredeemableNoncontrollingInterest
4299000 USD
CY2021Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.53
CY2021Q3 us-gaap Dividends Common Stock
DividendsCommonStock
101527000 USD
CY2021Q3 us-gaap Dividends Preferred Stock
DividendsPreferredStock
16800000 USD
CY2021Q3 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
4749000 USD
CY2021Q3 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
224000 USD
CY2021Q3 vno Noncontrolling Interest Increase From Limited Partners Contribution
NoncontrollingInterestIncreaseFromLimitedPartnersContribution
1110000 USD
CY2021Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
5877000 USD
CY2021Q3 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
0 USD
CY2021Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
226000 USD
CY2021Q3 vno Our Share Of Partially Owned Entities Oci Adjustments
OurShareOfPartiallyOwnedEntitiesOciAdjustments
1322000 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
5360000 USD
CY2021Q3 us-gaap Adjustments To Additional Paid In Capital Convertible Debt With Conversion Feature
AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature
64100000 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
426000 USD
CY2021Q3 us-gaap Stockholders Equity Other
StockholdersEquityOther
-31000 USD
CY2021Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6579825000 USD
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6928909000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
65700000 USD
CY2020Q3 us-gaap Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossAttributableToNonredeemableNoncontrollingInterest
-1019000 USD
CY2020Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.53
CY2020Q3 us-gaap Dividends Common Stock
DividendsCommonStock
101311000 USD
CY2020Q3 us-gaap Dividends Preferred Stock
DividendsPreferredStock
12530000 USD
CY2020Q3 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
3586000 USD
CY2020Q3 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
300000 USD
CY2020Q3 vno Noncontrolling Interest Increase From Limited Partners Contribution
NoncontrollingInterestIncreaseFromLimitedPartnersContribution
358000 USD
CY2020Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
14987000 USD
CY2020Q3 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
0 USD
CY2020Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
304000 USD
CY2020Q3 vno Our Share Of Partially Owned Entities Oci Adjustments
OurShareOfPartiallyOwnedEntitiesOciAdjustments
-15634000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
7926000 USD
CY2020Q3 us-gaap Adjustments To Additional Paid In Capital Convertible Debt With Conversion Feature
AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature
23557000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
-520000 USD
CY2020Q3 us-gaap Stockholders Equity Other
StockholdersEquityOther
-6000 USD
CY2020Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6885685000 USD
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6948155000 USD
us-gaap Net Income Loss
NetIncomeLoss
148584000 USD
us-gaap Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossAttributableToNonredeemableNoncontrollingInterest
18804000 USD
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.59
us-gaap Dividends Common Stock
DividendsCommonStock
304516000 USD
us-gaap Dividends Preferred Stock
DividendsPreferredStock
49734000 USD
us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
13058000 USD
us-gaap Stock Issued During Period Value Employee Stock Ownership Plan
StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan
10000 USD
us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
654000 USD
vno Noncontrolling Interest Increase From Limited Partners Contribution
NoncontrollingInterestIncreaseFromLimitedPartnersContribution
2657000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
150934000 USD
us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
0 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
561000 USD
vno Our Share Of Partially Owned Entities Oci Adjustments
OurShareOfPartiallyOwnedEntitiesOciAdjustments
6381000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
25553000 USD
vno Unearned Out Performance Plan
UnearnedOutPerformancePlan
10283000 USD
us-gaap Adjustments To Additional Paid In Capital Convertible Debt With Conversion Feature
AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature
-78848000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
2016000 USD
us-gaap Stockholders Equity Other
StockholdersEquityOther
22000 USD
CY2021Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6579825000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
7310978000 USD
us-gaap Net Income Loss
NetIncomeLoss
-102026000 USD
us-gaap Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossAttributableToNonredeemableNoncontrollingInterest
-141310000 USD
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.85
us-gaap Dividends Common Stock
DividendsCommonStock
353558000 USD
us-gaap Dividends Preferred Stock
DividendsPreferredStock
37591000 USD
us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
6050000 USD
us-gaap Stock Issued During Period Value Employee Stock Ownership Plan
StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan
3517000 USD
us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
2050000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
25517000 USD
us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
0 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
769000 USD
vno Our Share Of Partially Owned Entities Oci Adjustments
OurShareOfPartiallyOwnedEntitiesOciAdjustments
-15626000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-37473000 USD
vno Unearned Out Performance Plan
UnearnedOutPerformancePlan
10824000 USD
us-gaap Adjustments To Additional Paid In Capital Convertible Debt With Conversion Feature
AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature
272436000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
-3498000 USD
us-gaap Stockholders Equity Other
StockholdersEquityOther
1498000 USD
CY2020Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6885685000 USD
us-gaap Profit Loss
ProfitLoss
175590000 USD
us-gaap Profit Loss
ProfitLoss
-253119000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
299749000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
305905000 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
171367000 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
132850000 USD
vno Income Loss From Equity Method Investments Including Fees Earned Including Discontinued Operations
IncomeLossFromEquityMethodInvestmentsIncludingFeesEarnedIncludingDiscontinuedOperations
86768000 USD
vno Income Loss From Equity Method Investments Including Fees Earned Including Discontinued Operations
IncomeLossFromEquityMethodInvestmentsIncludingFeesEarnedIncludingDiscontinuedOperations
-353679000 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
35811000 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
338862000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
32889000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
39638000 USD
us-gaap Straight Line Rent
StraightLineRent
-11651000 USD
us-gaap Straight Line Rent
StraightLineRent
-20021000 USD
us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
7939000 USD
us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
13054000 USD
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
7880000 USD
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 USD
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
7219000 USD
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
60766000 USD
vno Net Unrealized Gain Loss On Real Estate Fund Investments
NetUnrealizedGainLossOnRealEstateFundInvestments
-789000 USD
vno Net Unrealized Gain Loss On Real Estate Fund Investments
NetUnrealizedGainLossOnRealEstateFundInvestments
-225412000 USD
vno Gain On Extinguishment Of Lease Liability And Operating Lease Impairment Loss
GainOnExtinguishmentOfLeaseLiabilityAndOperatingLeaseImpairmentLoss
0 USD
vno Gain On Extinguishment Of Lease Liability And Operating Lease Impairment Loss
GainOnExtinguishmentOfLeaseLiabilityAndOperatingLeaseImpairmentLoss
-70260000 USD
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
0 USD
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
13369000 USD
us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
0 USD
us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
-4938000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
2549000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-7544000 USD
vno Increase Decreasein Real Estate Fund Investments
IncreaseDecreaseinRealEstateFundInvestments
789000 USD
vno Increase Decreasein Real Estate Fund Investments
IncreaseDecreaseinRealEstateFundInvestments
6502000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
12092000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
27093000 USD
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
44731000 USD
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
215645000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
77508000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
41328000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
43067000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-4058000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-3911000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-2841000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
478103000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
191360000 USD
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
444645000 USD
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
448167000 USD
us-gaap Payments To Acquire Additional Interest In Subsidiaries
PaymentsToAcquireAdditionalInterestInSubsidiaries
123936000 USD
us-gaap Payments To Acquire Additional Interest In Subsidiaries
PaymentsToAcquireAdditionalInterestInSubsidiaries
0 USD
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
113374000 USD
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
112906000 USD
vno Distributions Of Capital From Partially Owned Entities
DistributionsOfCapitalFromPartiallyOwnedEntities
106005000 USD
vno Distributions Of Capital From Partially Owned Entities
DistributionsOfCapitalFromPartiallyOwnedEntities
1090000 USD
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
100024000 USD
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
0 USD
us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
97683000 USD
us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
939292000 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
12366000 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
6156000 USD
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
3000000 USD
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
985000 USD
us-gaap Proceeds From Collection Of Loans Receivable
ProceedsFromCollectionOfLoansReceivable
975000 USD
us-gaap Proceeds From Collection Of Loans Receivable
ProceedsFromCollectionOfLoansReceivable
0 USD
us-gaap Payments For Construction In Process
PaymentsForConstructionInProcess
0 USD
us-gaap Payments For Construction In Process
PaymentsForConstructionInProcess
277128000 USD
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
0 USD
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
28375000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-392634000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
123415000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
2298007000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
555918000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1578843000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
514493000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
304516000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
725938000 USD
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
291195000 USD
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
0 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
173356000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
76759000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
49400000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
50123000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
33935000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
1357000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-431568000 USD
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
2657000 USD
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
98626000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
664000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
5567000 USD
vno Repurchase Of Shares Related To Stock Compensation Arrangements And Related Tax Withholdings
RepurchaseOfSharesRelatedToStockCompensationArrangementsAndRelatedTaxWithholdings
114000 USD
vno Repurchase Of Shares Related To Stock Compensation Arrangements And Related Tax Withholdings
RepurchaseOfSharesRelatedToStockCompensationArrangementsAndRelatedTaxWithholdings
137000 USD
us-gaap Proceeds From Construction Loans Payable
ProceedsFromConstructionLoansPayable
0 USD
us-gaap Proceeds From Construction Loans Payable
ProceedsFromConstructionLoansPayable
277128000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
452359000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
537828000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-116793000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1730369000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1607131000 USD
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2268197000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1490338000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1624482000 USD
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2268197000 USD
CY2021Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
139233000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
14252000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1515012000 USD
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
105887000 USD
CY2019Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
92119000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1730369000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1607131000 USD
CY2021Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2128964000 USD
CY2020Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1411047000 USD
CY2020Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
79291000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1490338000 USD
us-gaap Interest Paid Capitalized
InterestPaidCapitalized
31785000 USD
us-gaap Interest Paid Capitalized
InterestPaidCapitalized
30649000 USD
us-gaap Interest Paid Net
InterestPaidNet
137937000 USD
us-gaap Interest Paid Net
InterestPaidNet
164752000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
8426000 USD
us-gaap Reclassifications Of Temporary To Permanent Equity
ReclassificationsOfTemporaryToPermanentEquity
300000000 USD
us-gaap Reclassifications Of Temporary To Permanent Equity
ReclassificationsOfTemporaryToPermanentEquity
0 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
120635000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
118672000 USD
us-gaap Transfer To Investments
TransferToInvestments
79421000 USD
us-gaap Transfer To Investments
TransferToInvestments
0 USD
us-gaap Adjustments To Additional Paid In Capital Convertible Debt With Conversion Feature
AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature
-78848000 USD
us-gaap Adjustments To Additional Paid In Capital Convertible Debt With Conversion Feature
AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature
272436000 USD
vno Write Off Of Fully Amortized And Depreciated Assets
WriteOffOfFullyAmortizedAndDepreciatedAssets
78353000 USD
vno Write Off Of Fully Amortized And Depreciated Assets
WriteOffOfFullyAmortizedAndDepreciatedAssets
111863000 USD
us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
11767000 USD
us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
370850000 USD
CY2020Q3 us-gaap Revenues
Revenues
363962000 USD
us-gaap Nature Of Operations
NatureOfOperations
Organization Vornado Realty Trust (“Vornado”) is a fully-integrated real estate investment trust (“REIT”) and conducts its business through, and substantially all of its interests in properties are held by, Vornado Realty L.P., a Delaware limited partnership (the “Operating Partnership”). Vornado is the sole general partner of, and owned approximately 92.6% of the common limited partnership interest in the Operating Partnership as of September 30, 2021. All references to the “Company,” “we,” “us” and “our” mean, collectively, Vornado, the Operating Partnership and those subsidiaries consolidated by Vornado.
CY2020Q3 vno Adjustment For Straight Line Rents And Amortization Of Acquired Below Market Leases Net
AdjustmentForStraightLineRentsAndAmortizationOfAcquiredBelowMarketLeasesNet
1704000 USD
vno Adjustment For Straight Line Rents And Amortization Of Acquired Below Market Leases Net
AdjustmentForStraightLineRentsAndAmortizationOfAcquiredBelowMarketLeasesNet
8041000 USD
CY2021Q3 us-gaap Revenues
Revenues
409212000 USD
us-gaap Revenues
Revenues
1168130000 USD
us-gaap Revenues
Revenues
1151520000 USD
vno Adjustment For Straight Line Rents And Amortization Of Acquired Below Market Leases Net
AdjustmentForStraightLineRentsAndAmortizationOfAcquiredBelowMarketLeasesNet
10678000 USD
us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
90780000 USD
us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
100057000 USD
CY2021Q3 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
329499000 USD
CY2020Q3 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
307013000 USD
us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
945322000 USD
us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
983669000 USD
CY2021Q3 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
29008000 USD
CY2020Q3 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
29574000 USD
CY2021Q3 vno Operating Lease Contractual Lease Income
OperatingLeaseContractualLeaseIncome
358507000 USD
CY2020Q3 vno Operating Lease Contractual Lease Income
OperatingLeaseContractualLeaseIncome
336587000 USD
vno Operating Lease Contractual Lease Income
OperatingLeaseContractualLeaseIncome
1036102000 USD
vno Operating Lease Contractual Lease Income
OperatingLeaseContractualLeaseIncome
1083726000 USD
CY2021Q3 vno Adjustment For Straight Line Rents And Amortization Of Acquired Below Market Leases Net
AdjustmentForStraightLineRentsAndAmortizationOfAcquiredBelowMarketLeasesNet
-1313000 USD
CY2021Q3 vno Financing Receivable Allowance For Credit Loss Writeoffs
FinancingReceivableAllowanceForCreditLossWriteoffs
1980000 USD
CY2020Q3 vno Financing Receivable Allowance For Credit Loss Writeoffs
FinancingReceivableAllowanceForCreditLossWriteoffs
22135000 USD
vno Financing Receivable Allowance For Credit Loss Writeoffs
FinancingReceivableAllowanceForCreditLossWriteoffs
7219000 USD
vno Financing Receivable Allowance For Credit Loss Writeoffs
FinancingReceivableAllowanceForCreditLossWriteoffs
60766000 USD
CY2021Q3 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
357840000 USD
CY2020Q3 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
312748000 USD
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
1020842000 USD
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
1012282000 USD
vno Real Estate Fund Textblock
RealEstateFundTextblock
Real Estate Fund Investments<div style="margin-bottom:3pt;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%">We are the general partner and investment manager of Vornado Capital Partners Real Estate Fund (the “Fund”) and own a 25.0% interest in the Fund, which had an initial eight-year term ending February 2019. On January 29, 2018, the Fund's term was extended to February 2023. The Fund's three-year investment period ended in July 2013. The Fund is accounted for under ASC Topic 946, </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Financial Services – Investment Companies</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> (“ASC 946”) and its investments are reported on its balance sheet at fair value, with changes in value each period recognized in earnings. We consolidate the accounts of the Fund into our consolidated financial statements, retaining the fair value basis of accounting.</span></div><div style="margin-bottom:3pt;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%">We are the general partner and investment manager of the Crowne Plaza Times Square Hotel Joint Venture (the “Crowne Plaza Joint Venture”) and own a 57.1% interest in the joint venture which owns the 24.7% interest in the Crowne Plaza Times Square Hotel not owned by the Fund. The Crowne Plaza Joint Venture is also accounted for under ASC 946 and we consolidate the accounts of the joint venture into our consolidated financial statements, retaining the fair value basis of accounting. On June 9, 2020, the joint venture between the Fund and the Crowne Plaza Joint Venture defaulted on the $274,355,000 non-recourse loan on the Crowne Plaza Times Square Hotel. The interest-only loan, which bears interest at a floating rate of LIBOR plus 3.69% (3.77% as of September 30, 2021) and provides for additional default interest of 3.00%, was scheduled to mature on July 9, 2020.</span></div><div style="margin-bottom:3pt;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%">On April 12, 2021, the Fund defaulted on the $82,750,000 non-recourse loan on 1100 Lincoln Road. The interest-only loan currently bears interest at a floating rate of prime plus 1.40% (4.65% as of September 30, 2021) and provides for additional default interest of 3.00%. The loan was scheduled to mature on July 27, 2021.</span></div><div style="margin-bottom:3pt;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%">As of September 30, 2021, we had four real estate fund investments through the Fund and the Crowne Plaza Joint Venture with an aggregate fair value of $3,739,000, $339,812,000 below cost, and had remaining unfunded commitments of $29,194,000, of which our share was $9,266,000. As of December 31, 2020, those four real estate fund investments had an aggregate fair value of $3,739,000.</span></div><div style="margin-bottom:3pt;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%"> Below is a summary of income (loss) from the Fund and the Crowne Plaza Joint Venture.</span></div><div style="margin-bottom:13pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"/><td style="width:46.261%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.538%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.772%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.538%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.494%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.261%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.772%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.264%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(Amounts in thousands)</span></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">For the Three Months Ended September 30,</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">For the Nine Months Ended September 30,</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2021</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2021</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td></tr><tr><td colspan="3" style="background-color:#ccffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net investment (loss) income </span></td><td style="background-color:#ccffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ccffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(66)</span></td><td style="background-color:#ccffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ccffff;padding:0 1pt"/><td style="background-color:#ccffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ccffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">393 </span></td><td style="background-color:#ccffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ccffff;padding:0 1pt"/><td style="background-color:#ccffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ccffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5,896 </span></td><td style="background-color:#ccffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ccffff;padding:0 1pt"/><td style="background-color:#ccffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ccffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">84 </span></td><td style="background-color:#ccffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net unrealized loss on held investments</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(14,216)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(789)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(225,412)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ccffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(Loss) income from real estate fund investments</span></td><td colspan="2" style="background-color:#ccffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(66)</span></td><td style="background-color:#ccffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ccffff;padding:0 1pt"/><td colspan="2" style="background-color:#ccffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(13,823)</span></td><td style="background-color:#ccffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ccffff;padding:0 1pt"/><td colspan="2" style="background-color:#ccffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5,107 </span></td><td style="background-color:#ccffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ccffff;padding:0 1pt"/><td colspan="2" style="background-color:#ccffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(225,328)</span></td><td style="background-color:#ccffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Less loss (income) attributable to noncontrolling interests in consolidated subsidiaries</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">360 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">11,299 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(2,914)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">160,557 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ccffff;padding:2px 1pt 2px 10pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Income (loss) from real estate fund investments net of noncontrolling interests in consolidated subsidiaries</span></td><td style="background-color:#ccffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ccffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">294 </span></td><td style="background-color:#ccffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ccffff;padding:0 1pt"/><td style="background-color:#ccffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ccffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(2,524)</span></td><td style="background-color:#ccffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ccffff;padding:0 1pt"/><td style="background-color:#ccffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ccffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,193 </span></td><td style="background-color:#ccffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ccffff;padding:0 1pt"/><td style="background-color:#ccffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ccffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(64,771)</span></td><td style="background-color:#ccffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table></div>
CY2021Q3 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
3287870000 USD
CY2020Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
3491107000 USD
CY2021Q3 vno Income Loss From Equity Method Investments Including Fees Earned
IncomeLossFromEquityMethodInvestmentsIncludingFeesEarned
26269000 USD
CY2020Q3 vno Income Loss From Equity Method Investments Including Fees Earned
IncomeLossFromEquityMethodInvestmentsIncludingFeesEarned
-80909000 USD
vno Income Loss From Equity Method Investments Including Fees Earned
IncomeLossFromEquityMethodInvestmentsIncludingFeesEarned
86768000 USD
vno Income Loss From Equity Method Investments Including Fees Earned
IncomeLossFromEquityMethodInvestmentsIncludingFeesEarned
-353679000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
23856000 USD
CY2021Q3 vno Finite Lived Intangible Liability Gross
FiniteLivedIntangibleLiabilityGross
256065000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
252081000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
116969000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
93643000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
93113000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
158438000 USD
CY2021Q3 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
7880000 USD
CY2020Q4 vno Finite Lived Intangible Liability Gross
FiniteLivedIntangibleLiabilityGross
273902000 USD
CY2021Q3 vno Finite Lived Intangible Liability Accumulated Amortization
FiniteLivedIntangibleLiabilityAccumulatedAmortization
210346000 USD
CY2020Q4 vno Finite Lived Intangible Liability Accumulated Amortization
FiniteLivedIntangibleLiabilityAccumulatedAmortization
238541000 USD
CY2021Q3 vno Finite Lived Intangible Liabilities Net
FiniteLivedIntangibleLiabilitiesNet
45719000 USD
CY2020Q4 vno Finite Lived Intangible Liabilities Net
FiniteLivedIntangibleLiabilitiesNet
35361000 USD
CY2021Q3 us-gaap Long Term Debt
LongTermDebt
2562229000 USD
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
1818447000 USD
CY2020Q3 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 USD
CY2020Q3 vno Transaction Related Costs Impairment Lossesand Other
TransactionRelatedCostsImpairmentLossesandOther
584000 USD
vno Transaction Related Costs Impairment Lossesand Other
TransactionRelatedCostsImpairmentLossesandOther
10630000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1808000 USD
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
7880000 USD
CY2020Q3 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
0 USD
us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
0 USD
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 USD
CY2021Q3 vno Transaction Related Costs Impairment Lossesand Other
TransactionRelatedCostsImpairmentLossesandOther
9681000 USD
CY2021Q3 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
47874000 USD
CY2020Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
34462000 USD
us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
-4938000 USD
CY2021Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
5000 USD
vno Transaction Related Costs Impairment Lossesand Other
TransactionRelatedCostsImpairmentLossesandOther
-68566000 USD
CY2020Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
902000 USD
CY2021Q3 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
561000 USD
CY2020Q3 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
574000 USD
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
1679000 USD
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
2810000 USD
CY2021Q3 vno Intereston Cashand Cash Equivalentsand Restricted Cash
InterestonCashandCashEquivalentsandRestrictedCash
67000 USD
CY2020Q3 vno Intereston Cashand Cash Equivalentsand Restricted Cash
InterestonCashandCashEquivalentsandRestrictedCash
253000 USD
vno Intereston Cashand Cash Equivalentsand Restricted Cash
InterestonCashandCashEquivalentsandRestrictedCash
207000 USD
vno Intereston Cashand Cash Equivalentsand Restricted Cash
InterestonCashandCashEquivalentsandRestrictedCash
5717000 USD
CY2021Q3 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
0 USD
CY2020Q3 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
0 USD
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
0 USD
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
13369000 USD
CY2021Q3 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
0 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2712000 USD
CY2021Q3 vno Interest And Other Investment Loss Income Net
InterestAndOtherInvestmentLossIncomeNet
633000 USD
CY2020Q3 vno Interest And Other Investment Loss Income Net
InterestAndOtherInvestmentLossIncomeNet
1729000 USD
vno Interest And Other Investment Loss Income Net
InterestAndOtherInvestmentLossIncomeNet
3694000 USD
vno Interest And Other Investment Loss Income Net
InterestAndOtherInvestmentLossIncomeNet
-7068000 USD
us-gaap Interest And Debt Expense
InterestAndDebtExpense
152904000 USD
CY2021Q3 us-gaap Interest Costs Incurred
InterestCostsIncurred
57028000 USD
CY2020Q3 us-gaap Interest Costs Incurred
InterestCostsIncurred
61793000 USD
us-gaap Interest Costs Incurred
InterestCostsIncurred
170938000 USD
us-gaap Interest Costs Incurred
InterestCostsIncurred
191973000 USD
CY2021Q3 vno Capitalized Interest And Debt Expenses
CapitalizedInterestAndDebtExpenses
10739000 USD
CY2020Q3 vno Capitalized Interest And Debt Expenses
CapitalizedInterestAndDebtExpenses
9328000 USD
vno Capitalized Interest And Debt Expenses
CapitalizedInterestAndDebtExpenses
31785000 USD
vno Capitalized Interest And Debt Expenses
CapitalizedInterestAndDebtExpenses
30829000 USD
CY2021Q3 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
4657000 USD
CY2020Q3 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
4906000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
13751000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
13474000 USD
CY2021Q3 us-gaap Interest And Debt Expense
InterestAndDebtExpense
50946000 USD
CY2020Q3 us-gaap Interest And Debt Expense
InterestAndDebtExpense
57371000 USD
vno Commitment To Fund Additional Capital To Partially Owned Entities
CommitmentToFundAdditionalCapitalToPartiallyOwnedEntities
10700000 USD
us-gaap Interest And Debt Expense
InterestAndDebtExpense
174618000 USD
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
63522000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
65700000 USD
us-gaap Net Income Loss
NetIncomeLoss
148584000 USD
us-gaap Net Income Loss
NetIncomeLoss
-102026000 USD
CY2021Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
16800000 USD
CY2020Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
12530000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
49734000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
37591000 USD
CY2021Q3 us-gaap Preferred Stock Redemption Premium
PreferredStockRedemptionPremium
9033000 USD
CY2020Q3 us-gaap Preferred Stock Redemption Premium
PreferredStockRedemptionPremium
0 USD
us-gaap Preferred Stock Redemption Premium
PreferredStockRedemptionPremium
9033000 USD
us-gaap Preferred Stock Redemption Premium
PreferredStockRedemptionPremium
0 USD
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
37689000 USD
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
53170000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
89817000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-139617000 USD
CY2021Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
8000 USD
CY2020Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
15000 USD
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
26000 USD
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
84000 USD
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
191508000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
191102000 shares
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
192041000 shares
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
191162000 shares
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
37681000 USD
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
53155000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
89791000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-139701000 USD
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
191577000 shares
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
191162000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
192151000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
191102000 shares
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.20
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.28
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.47
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.73
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.20
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.28
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.47
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.73
CY2021Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
13876000 shares
CY2020Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
14159000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
13815000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
14007000 shares
CY2021Q3 vno Guarantees And Master Leases
GuaranteesAndMasterLeases
1653000000 USD
vno Required Clawback Payment To Limited Partners At Liquidation
RequiredClawbackPaymentToLimitedPartnersAtLiquidation
28000000 USD
CY2021Q3 us-gaap Other Commitment
OtherCommitment
384000000 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2021Q3 us-gaap Profit Loss
ProfitLoss
71765000 USD
CY2020Q3 us-gaap Profit Loss
ProfitLoss
68736000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
100341000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
120255000 USD
CY2021Q3 vno Transaction Related Costs Impairment Lossesand Other
TransactionRelatedCostsImpairmentLossesandOther
9681000 USD
us-gaap Profit Loss
ProfitLoss
175590000 USD
us-gaap Profit Loss
ProfitLoss
-253119000 USD
CY2021Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
100867000 USD
CY2020Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
107013000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
285998000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
292611000 USD
CY2021Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
25553000 USD
CY2020Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
32407000 USD
CY2020Q3 vno Transaction Related Costs Impairment Lossesand Other
TransactionRelatedCostsImpairmentLossesandOther
584000 USD
vno Transaction Related Costs Impairment Lossesand Other
TransactionRelatedCostsImpairmentLossesandOther
10630000 USD
vno Transaction Related Costs Impairment Lossesand Other
TransactionRelatedCostsImpairmentLossesandOther
-68566000 USD
CY2021Q3 vno Income Loss From Equity Method Investments Including Fees Earned
IncomeLossFromEquityMethodInvestmentsIncludingFeesEarned
26269000 USD
CY2020Q3 vno Income Loss From Equity Method Investments Including Fees Earned
IncomeLossFromEquityMethodInvestmentsIncludingFeesEarned
-80909000 USD
vno Income Loss From Equity Method Investments Including Fees Earned
IncomeLossFromEquityMethodInvestmentsIncludingFeesEarned
86768000 USD
vno Income Loss From Equity Method Investments Including Fees Earned
IncomeLossFromEquityMethodInvestmentsIncludingFeesEarned
-353679000 USD
CY2021Q3 vno Incomelossfromrealestatefundinvestments
Incomelossfromrealestatefundinvestments
-66000 USD
CY2020Q3 vno Incomelossfromrealestatefundinvestments
Incomelossfromrealestatefundinvestments
-13823000 USD
vno Incomelossfromrealestatefundinvestments
Incomelossfromrealestatefundinvestments
5107000 USD
vno Incomelossfromrealestatefundinvestments
Incomelossfromrealestatefundinvestments
-225328000 USD
CY2021Q3 vno Interest And Other Investment Loss Income Net
InterestAndOtherInvestmentLossIncomeNet
633000 USD
CY2020Q3 vno Interest And Other Investment Loss Income Net
InterestAndOtherInvestmentLossIncomeNet
1729000 USD
vno Interest And Other Investment Loss Income Net
InterestAndOtherInvestmentLossIncomeNet
3694000 USD
vno Interest And Other Investment Loss Income Net
InterestAndOtherInvestmentLossIncomeNet
-7068000 USD
CY2021Q3 us-gaap Interest And Debt Expense
InterestAndDebtExpense
50946000 USD
CY2020Q3 us-gaap Interest And Debt Expense
InterestAndDebtExpense
57371000 USD
us-gaap Interest And Debt Expense
InterestAndDebtExpense
152904000 USD
us-gaap Interest And Debt Expense
InterestAndDebtExpense
174618000 USD
CY2021Q3 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
10087000 USD
CY2020Q3 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
214578000 USD
vno Net Operating Income Loss Cash Basis Partially Owned Entities
NetOperatingIncomeLossCashBasisPartiallyOwnedEntities
231635000 USD
vno Net Operating Income Loss Cash Basis Partially Owned Entities
NetOperatingIncomeLossCashBasisPartiallyOwnedEntities
229543000 USD
CY2021Q3 vno Net Operating Income Loss Portion Attributableto Noncontrolling Interest Total
NetOperatingIncomeLossPortionAttributabletoNoncontrollingInterestTotal
16886000 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
35811000 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
338862000 USD
CY2021Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-25376000 USD
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
23781000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-20551000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
38431000 USD
CY2021Q3 vno Net Operating Income Loss Cash Basis Partially Owned Entities
NetOperatingIncomeLossCashBasisPartiallyOwnedEntities
75644000 USD
CY2020Q3 vno Net Operating Income Loss Cash Basis Partially Owned Entities
NetOperatingIncomeLossCashBasisPartiallyOwnedEntities
78175000 USD
CY2020Q3 vno Net Operating Income Loss Portion Attributableto Noncontrolling Interest Total
NetOperatingIncomeLossPortionAttributabletoNoncontrollingInterestTotal
25959000 USD
vno Net Operating Income Loss Portion Attributableto Noncontrolling Interest Total
NetOperatingIncomeLossPortionAttributabletoNoncontrollingInterestTotal
50221000 USD
vno Net Operating Income Loss Portion Attributableto Noncontrolling Interest Total
NetOperatingIncomeLossPortionAttributabletoNoncontrollingInterestTotal
56900000 USD
CY2021Q3 vno Operating Income Loss Cash Basis
OperatingIncomeLossCashBasis
255271000 USD
CY2020Q3 vno Operating Income Loss Cash Basis
OperatingIncomeLossCashBasis
220533000 USD
vno Operating Income Loss Cash Basis
OperatingIncomeLossCashBasis
754946000 USD
vno Operating Income Loss Cash Basis
OperatingIncomeLossCashBasis
724086000 USD
CY2021Q3 vno Straightline Rents And Other Adjustments
StraightlineRentsAndOtherAdjustments
-1922000 USD
CY2020Q3 vno Straightline Rents And Other Adjustments
StraightlineRentsAndOtherAdjustments
-10981000 USD
vno Straightline Rents And Other Adjustments
StraightlineRentsAndOtherAdjustments
-1570000 USD
vno Straightline Rents And Other Adjustments
StraightlineRentsAndOtherAdjustments
-48247000 USD
CY2021Q3 vno Cash Basis Property Level Noi
CashBasisPropertyLevelNOI
257193000 USD
CY2020Q3 vno Cash Basis Property Level Noi
CashBasisPropertyLevelNOI
231514000 USD
vno Cash Basis Property Level Noi
CashBasisPropertyLevelNOI
756516000 USD
vno Cash Basis Property Level Noi
CashBasisPropertyLevelNOI
772333000 USD
CY2021Q3 us-gaap Revenues
Revenues
409212000 USD
CY2021Q3 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
212699000 USD
CY2021Q3 vno Net Operating Income Loss Cash Basis Consolidated
NetOperatingIncomeLossCashBasisConsolidated
196513000 USD
CY2021Q3 vno Net Operating Income Loss Portion Attributableto Noncontrolling Interest Total
NetOperatingIncomeLossPortionAttributabletoNoncontrollingInterestTotal
16886000 USD
CY2021Q3 vno Net Operating Income Lossfrom Equity Method Investments
NetOperatingIncomeLossfromEquityMethodInvestments
75644000 USD
CY2021Q3 vno Operating Income Loss Cash Basis
OperatingIncomeLossCashBasis
255271000 USD
CY2021Q3 vno Straightline Rents And Other Adjustments
StraightlineRentsAndOtherAdjustments
-1922000 USD
CY2021Q3 vno Cash Basis Property Level Noi
CashBasisPropertyLevelNOI
257193000 USD
CY2020Q3 us-gaap Revenues
Revenues
363962000 USD
CY2020Q3 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
195645000 USD
CY2020Q3 vno Net Operating Income Loss Cash Basis Consolidated
NetOperatingIncomeLossCashBasisConsolidated
168317000 USD
CY2020Q3 vno Net Operating Income Loss Portion Attributableto Noncontrolling Interest Total
NetOperatingIncomeLossPortionAttributabletoNoncontrollingInterestTotal
25959000 USD
CY2020Q3 vno Net Operating Income Lossfrom Equity Method Investments
NetOperatingIncomeLossfromEquityMethodInvestments
78175000 USD
CY2020Q3 vno Operating Income Loss Cash Basis
OperatingIncomeLossCashBasis
220533000 USD
CY2020Q3 vno Straightline Rents And Other Adjustments
StraightlineRentsAndOtherAdjustments
-10981000 USD
CY2020Q3 vno Cash Basis Property Level Noi
CashBasisPropertyLevelNOI
231514000 USD
us-gaap Revenues
Revenues
1168130000 USD
us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
594598000 USD
vno Net Operating Income Loss Cash Basis Consolidated
NetOperatingIncomeLossCashBasisConsolidated
573532000 USD
vno Net Operating Income Loss Portion Attributableto Noncontrolling Interest Total
NetOperatingIncomeLossPortionAttributabletoNoncontrollingInterestTotal
50221000 USD
vno Net Operating Income Lossfrom Equity Method Investments
NetOperatingIncomeLossfromEquityMethodInvestments
231635000 USD
vno Operating Income Loss Cash Basis
OperatingIncomeLossCashBasis
754946000 USD
vno Straightline Rents And Other Adjustments
StraightlineRentsAndOtherAdjustments
-1570000 USD
vno Cash Basis Property Level Noi
CashBasisPropertyLevelNOI
756516000 USD
us-gaap Revenues
Revenues
1151520000 USD
us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
600077000 USD
vno Net Operating Income Loss Cash Basis Consolidated
NetOperatingIncomeLossCashBasisConsolidated
551443000 USD
vno Net Operating Income Loss Portion Attributableto Noncontrolling Interest Total
NetOperatingIncomeLossPortionAttributabletoNoncontrollingInterestTotal
56900000 USD
vno Net Operating Income Lossfrom Equity Method Investments
NetOperatingIncomeLossfromEquityMethodInvestments
229543000 USD
vno Operating Income Loss Cash Basis
OperatingIncomeLossCashBasis
724086000 USD
vno Straightline Rents And Other Adjustments
StraightlineRentsAndOtherAdjustments
-48247000 USD
vno Cash Basis Property Level Noi
CashBasisPropertyLevelNOI
772333000 USD

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