2021 Q4 Form 10-K Financial Statement

#000089968922000006 Filed on February 14, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2021 2020 Q4
Revenue $421.1M $1.589B $376.4M
YoY Change 11.87% 4.01% -18.35%
Cost Of Revenue $202.7M $797.3M $189.0M
YoY Change 7.26% 1.04% -15.63%
Gross Profit $218.4M $791.9M $187.4M
YoY Change 16.52% 7.17% -20.93%
Gross Profit Margin 51.86% 49.83% 49.79%
Selling, General & Admin $34.20M $134.5M $61.30M
YoY Change -44.2% -25.87% 54.02%
% of Gross Profit 15.66% 16.99% 32.71%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $132.8M $432.6M $112.0M
YoY Change 18.61% 3.51% 15.58%
% of Gross Profit 60.84% 54.63% 59.77%
Operating Expenses $163.0M $1.368B $175.3M
YoY Change -7.03% -11.79% 28.33%
Operating Profit $55.39M -$576.0M $12.10M
YoY Change 357.73% -29.05% -87.95%
Interest Expense -$33.53M -$97.78M -$29.40M
YoY Change 14.04% -82.35% -8.13%
% of Operating Profit -60.54% -242.98%
Other Income/Expense, Net $2.428M $1.811M $7.900M
YoY Change -69.27% -50.12% 64.58%
Pretax Income $42.02M $197.1M -$210.5M
YoY Change -119.96% -146.34% -214.71%
Income Tax $10.06M -$10.50M -$1.800M
% Of Pretax Income 23.93% -5.33%
Net Earnings $27.42M $176.0M -$195.0M
YoY Change -114.06% -159.26% -194.75%
Net Earnings / Revenue 6.51% 11.07% -51.81%
Basic Earnings Per Share $0.53
Diluted Earnings Per Share $142.8K $0.53 -$1.019M
COMMON SHARES
Basic Shares Outstanding 191.7M shares 191.6M shares 191.4M shares
Diluted Shares Outstanding 192.1M shares

Balance Sheet

Concept 2021 Q4 2021 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.760B $1.760B $1.624B
YoY Change 8.36% 8.39% 4.92%
Cash & Equivalents $1.760B $1.760B $1.624B
Short-Term Investments $0.00
Other Short-Term Assets
YoY Change
Inventory $57.14M $57.14M $128.0M
Prepaid Expenses
Receivables $736.0M $736.0M $752.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $2.553B $2.553B $2.504B
YoY Change 1.97% 1.97% -9.34%
LONG-TERM ASSETS
Property, Plant & Equipment $10.18B $10.18B $9.286B
YoY Change 9.61% 9.61% -11.04%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $3.305B $3.305B $3.495B
YoY Change -5.43% -5.43% -17.86%
Other Assets $561.8M $561.8M $479.0M
YoY Change 17.29% 17.29% 7.4%
Total Long-Term Assets $14.71B $14.71B $13.72B
YoY Change 7.26% 7.26% -11.64%
TOTAL ASSETS
Total Short-Term Assets $2.553B $2.553B $2.504B
Total Long-Term Assets $14.71B $14.71B $13.72B
Total Assets $17.27B $17.27B $16.22B
YoY Change 6.44% 6.44% -11.29%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $613.5M $613.5M $427.0M
YoY Change 43.68% 43.68% -2.95%
Accrued Expenses $370.2M $370.2M $401.0M
YoY Change -7.68% -7.68% -19.48%
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 $983.7M $983.7M $828.0M
YoY Change 18.8% 18.8% -38.02%
LONG-TERM LIABILITIES
Long-Term Debt $8.616B $8.616B $7.399B
YoY Change 16.45% 16.45% -0.11%
Other Long-Term Liabilities $463.0M $463.0M $440.0M
YoY Change 5.23% 5.23% -67.26%
Total Long-Term Liabilities $9.079B $9.079B $7.839B
YoY Change 15.82% 15.82% -10.42%
TOTAL LIABILITIES
Total Short-Term Liabilities $983.7M $983.7M $828.0M
Total Long-Term Liabilities $9.079B $9.079B $7.839B
Total Liabilities $10.06B $11.03B $8.667B
YoY Change 16.1% 13.84% -14.07%
SHAREHOLDERS EQUITY
Retained Earnings -$3.079B -$2.774B
YoY Change 11.0% 41.96%
Common Stock $7.648M $7.633M
YoY Change 0.2% 0.2%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $6.236B $6.236B $6.533B
YoY Change
Total Liabilities & Shareholders Equity $17.27B $17.27B $16.22B
YoY Change 6.44% 6.44% -11.29%

Cashflow Statement

Concept 2021 Q4 2021 2020 Q4
OPERATING ACTIVITIES
Net Income $27.42M $176.0M -$195.0M
YoY Change -114.06% -159.26% -194.75%
Depreciation, Depletion And Amortization $132.8M $432.6M $112.0M
YoY Change 18.61% 3.51% 15.58%
Cash From Operating Activities $283.7M $761.8M $232.8M
YoY Change 21.87% 79.57% -11.98%
INVESTING ACTIVITIES
Capital Expenditures -$177.4M -$862.3M -$196.7M
YoY Change -9.82% 13.64% -36.81%
Acquisitions
YoY Change
Other Investing Activities $37.67M $330.0M -$14.50M
YoY Change -359.79% -50.82% -102.66%
Cash From Investing Activities -$139.7M -$532.3M -$211.2M
YoY Change -33.85% 506.32% -189.95%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $1.584B
YoY Change 48.4%
Cash From Financing Activities -481.8M -$29.48M 218.4M
YoY Change -320.62% -86.17% -258.61%
NET CHANGE
Cash From Operating Activities 283.7M $761.8M 232.8M
Cash From Investing Activities -139.7M -$532.3M -211.2M
Cash From Financing Activities -481.8M -$29.48M 218.4M
Net Change In Cash -337.8M $200.0M 240.0M
YoY Change -240.77% 62.27% -33.63%
FREE CASH FLOW
Cash From Operating Activities $283.7M $761.8M $232.8M
Capital Expenditures -$177.4M -$862.3M -$196.7M
Free Cash Flow $461.1M $1.624B $429.5M
YoY Change 7.35% 37.29% -25.41%

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CY2020 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
381320000 USD
CY2019 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
845499000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
197057000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-425215000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
3437731000 USD
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-10496000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
36630000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
103439000 USD
CY2021 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
207553000 USD
CY2020 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-461845000 USD
CY2019 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
3334292000 USD
CY2021 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 USD
CY2020 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 USD
CY2021 us-gaap Profit Loss
ProfitLoss
207553000 USD
CY2020 us-gaap Profit Loss
ProfitLoss
-461845000 USD
CY2019 us-gaap Profit Loss
ProfitLoss
3334262000 USD
CY2021 us-gaap Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable
NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable
24014000 USD
CY2020 us-gaap Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable
NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable
-139894000 USD
CY2019 us-gaap Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable
NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable
-24547000 USD
CY2021 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
7540000 USD
CY2020 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
-24946000 USD
CY2019 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
210872000 USD
CY2021 us-gaap Net Income Loss
NetIncomeLoss
175999000 USD
CY2020 us-gaap Net Income Loss
NetIncomeLoss
-297005000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
3147937000 USD
CY2021 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
65880000 USD
CY2020 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
51739000 USD
CY2019 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
50131000 USD
CY2021 us-gaap Preferred Stock Redemption Premium
PreferredStockRedemptionPremium
9033000 USD
CY2020 us-gaap Preferred Stock Redemption Premium
PreferredStockRedemptionPremium
0 USD
CY2019 us-gaap Preferred Stock Redemption Premium
PreferredStockRedemptionPremium
0 USD
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
101086000 USD
CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-348744000 USD
CY2019 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
3097806000 USD
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EarningsPerShareBasic
0.53
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
16.23
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WeightedAverageNumberOfSharesOutstandingBasic
191551000 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
191146000 shares
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
190801000 shares
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EarningsPerShareDiluted
0.53
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EarningsPerShareDiluted
-1.83
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
16.21
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WeightedAverageNumberOfDilutedSharesOutstanding
192122000 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
191146000 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
191053000 shares
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ProfitLoss
207553000 USD
CY2020 us-gaap Profit Loss
ProfitLoss
-461845000 USD
CY2019 us-gaap Profit Loss
ProfitLoss
3334262000 USD
CY2021 vno Other Comprehensive Income Loss Derivatives Qualifying As Hedges And Other Net Of Tax
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51338000 USD
CY2020 vno Other Comprehensive Income Loss Derivatives Qualifying As Hedges And Other Net Of Tax
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-29971000 USD
CY2019 vno Other Comprehensive Income Loss Derivatives Qualifying As Hedges And Other Net Of Tax
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-47883000 USD
CY2021 vno Our Share Of Partially Owned Entities Oci Adjustments
OurShareOfPartiallyOwnedEntitiesOciAdjustments
10275000 USD
CY2020 vno Our Share Of Partially Owned Entities Oci Adjustments
OurShareOfPartiallyOwnedEntitiesOciAdjustments
-14342000 USD
CY2019 vno Our Share Of Partially Owned Entities Oci Adjustments
OurShareOfPartiallyOwnedEntitiesOciAdjustments
-938000 USD
CY2021 vno Other Comprehensive Income Loss Pro Rata Shareof Nonconsolidated Subsidiaries
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0 USD
CY2020 vno Other Comprehensive Income Loss Pro Rata Shareof Nonconsolidated Subsidiaries
OtherComprehensiveIncomeLossProRataShareofNonconsolidatedSubsidiaries
0 USD
CY2019 vno Other Comprehensive Income Loss Pro Rata Shareof Nonconsolidated Subsidiaries
OtherComprehensiveIncomeLossProRataShareofNonconsolidatedSubsidiaries
-2311000 USD
CY2021 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
269166000 USD
CY2020 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-506158000 USD
CY2019 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
3283130000 USD
CY2021 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
35602000 USD
CY2020 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-174287000 USD
CY2019 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
183090000 USD
CY2021 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
233564000 USD
CY2020 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-331871000 USD
CY2019 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
3100040000 USD
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6948155000 USD
CY2021 us-gaap Net Income Loss
NetIncomeLoss
175999000 USD
CY2021 us-gaap Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossAttributableToNonredeemableNoncontrollingInterest
20826000 USD
CY2021 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
2.12
CY2021 us-gaap Dividends Common Stock
DividendsCommonStock
406109000 USD
CY2021 us-gaap Dividends Preferred Stock
DividendsPreferredStock
65880000 USD
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StockIssuedDuringPeriodValueConversionOfUnits
14576000 USD
CY2021 us-gaap Stock Issued During Period Value Employee Stock Ownership Plan
StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan
22000 USD
CY2021 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
877000 USD
CY2021 vno Noncontrolling Interest Increase From Limited Partners Contribution
NoncontrollingInterestIncreaseFromLimitedPartnersContribution
4052000 USD
CY2021 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
160975000 USD
CY2021 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
0 USD
CY2021 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
792000 USD
CY2021 vno Our Share Of Partially Owned Entities Oci Adjustments
OurShareOfPartiallyOwnedEntitiesOciAdjustments
10275000 USD
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-51337000 USD
CY2021 vno Unearned Out Performance Plan
UnearnedOutPerformancePlan
10283000 USD
CY2021 us-gaap Adjustments To Additional Paid In Capital Convertible Debt With Conversion Feature
AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature
-76073000 USD
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
4048000 USD
CY2021 us-gaap Stockholders Equity Other
StockholdersEquityOther
24000 USD
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6515238000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
7310978000 USD
CY2020 us-gaap Net Income Loss
NetIncomeLoss
-297005000 USD
CY2020 us-gaap Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossAttributableToNonredeemableNoncontrollingInterest
-140438000 USD
CY2020 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
2.38
CY2020 us-gaap Dividends Common Stock
DividendsCommonStock
454939000 USD
CY2020 us-gaap Dividends Preferred Stock
DividendsPreferredStock
51739000 USD
CY2020 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
9266000 USD
CY2020 us-gaap Stock Issued During Period Value Employee Stock Ownership Plan
StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan
3517000 USD
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6948155000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5107883000 USD
CY2020 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
2345000 USD
CY2020 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
33007000 USD
CY2020 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
0 USD
CY2020 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1169000 USD
CY2020 vno Our Share Of Partially Owned Entities Oci Adjustments
OurShareOfPartiallyOwnedEntitiesOciAdjustments
-14342000 USD
CY2020 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
29972000 USD
CY2020 vno Unearned Out Performance Plan
UnearnedOutPerformancePlan
10824000 USD
CY2020 us-gaap Adjustments To Additional Paid In Capital Convertible Debt With Conversion Feature
AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature
344043000 USD
CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
-2914000 USD
CY2020 us-gaap Stockholders Equity Other
StockholdersEquityOther
-1729000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
3147937000 USD
CY2019 us-gaap Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossAttributableToNonredeemableNoncontrollingInterest
-24547000 USD
CY2019 vno Common Stock Special Dividends Per Share Declared
CommonStockSpecialDividendsPerShareDeclared
1.95
CY2019 vno Dividend Common Stock Special Dividend
DividendCommonStockSpecialDividend
372380000 USD
CY2019 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
2.64
CY2019 us-gaap General Partners Capital Account Distribution Amount
GeneralPartnersCapitalAccountDistributionAmount
503785000 USD
CY2019 us-gaap Dividends Preferred Stock
DividendsPreferredStock
50131000 USD
CY2019 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
11250000 USD
CY2019 us-gaap Stock Issued During Period Value Employee Stock Ownership Plan
StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan
-3098000 USD
CY2019 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
1414000 USD
CY2019 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
0 USD
CY2019 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
990000 USD
CY2019 vno Our Share Of Partially Owned Entities Oci Adjustments
OurShareOfPartiallyOwnedEntitiesOciAdjustments
-938000 USD
CY2019 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
47885000 USD
CY2019 vno Other Comprehensive Income Loss Pro Rata Shareof Nonconsolidated Subsidiaries
OtherComprehensiveIncomeLossProRataShareofNonconsolidatedSubsidiaries
-2311000 USD
CY2019 vno Unearned Out Performance Plan
UnearnedOutPerformancePlan
11720000 USD
CY2019 us-gaap Adjustments To Additional Paid In Capital Convertible Debt With Conversion Feature
AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature
70810000 USD
CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
-3235000 USD
CY2021 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
50770000 USD
CY2020 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
381320000 USD
CY2019 us-gaap Noncontrolling Interest Decrease From Deconsolidation
NoncontrollingInterestDecreaseFromDeconsolidation
11441000 USD
CY2019 us-gaap Stockholders Equity Other Shares
StockholdersEquityOtherShares
2000 shares
CY2019 us-gaap Stockholders Equity Other
StockholdersEquityOther
29000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
7310978000 USD
CY2021 us-gaap Profit Loss
ProfitLoss
207553000 USD
CY2020 us-gaap Profit Loss
ProfitLoss
-461845000 USD
CY2019 us-gaap Profit Loss
ProfitLoss
3334262000 USD
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
432594000 USD
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
417942000 USD
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
438933000 USD
CY2021 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
214521000 USD
CY2020 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
175246000 USD
CY2019 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
116826000 USD
CY2021 vno Income Loss From Equity Method Investments Including Fees Earned Including Discontinued Operations
IncomeLossFromEquityMethodInvestmentsIncludingFeesEarnedIncludingDiscontinuedOperations
130517000 USD
CY2020 vno Income Loss From Equity Method Investments Including Fees Earned Including Discontinued Operations
IncomeLossFromEquityMethodInvestmentsIncludingFeesEarnedIncludingDiscontinuedOperations
-329112000 USD
CY2019 vno Income Loss From Equity Method Investments Including Fees Earned Including Discontinued Operations
IncomeLossFromEquityMethodInvestmentsIncludingFeesEarnedIncludingDiscontinuedOperations
78865000 USD
CY2019 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
25988000 USD
CY2019 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
845499000 USD
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
38329000 USD
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
48677000 USD
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
53908000 USD
CY2021 vno Defeasance Cost Noncash Expense
DefeasanceCostNoncashExpense
23729000 USD
CY2020 vno Defeasance Cost Noncash Expense
DefeasanceCostNoncashExpense
0 USD
CY2019 vno Defeasance Cost Noncash Expense
DefeasanceCostNoncashExpense
0 USD
CY2021 us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
9249000 USD
CY2020 us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
16878000 USD
CY2019 us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
19830000 USD
CY2021 us-gaap Straight Line Rent
StraightLineRent
-8644000 USD
CY2020 us-gaap Straight Line Rent
StraightLineRent
-24404000 USD
CY2019 us-gaap Straight Line Rent
StraightLineRent
-9679000 USD
CY2021 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
7880000 USD
CY2020 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
236286000 USD
CY2019 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
26705000 USD
CY2021 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
0 USD
CY2021 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
7695000 USD
CY2020 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
63204000 USD
CY2019 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
17237000 USD
CY2021 vno Return Of Capital From Real Estate Fund Investments
ReturnOfCapitalFromRealEstateFundInvestments
5104000 USD
CY2020 vno Return Of Capital From Real Estate Fund Investments
ReturnOfCapitalFromRealEstateFundInvestments
0 USD
CY2019 vno Return Of Capital From Real Estate Fund Investments
ReturnOfCapitalFromRealEstateFundInvestments
0 USD
CY2021 vno Net Gain Loss On Real Estate Fund Investments
NetGainLossOnRealEstateFundInvestments
4621000 USD
CY2020 vno Net Gain Loss On Real Estate Fund Investments
NetGainLossOnRealEstateFundInvestments
-226107000 USD
CY2019 vno Net Gain Loss On Real Estate Fund Investments
NetGainLossOnRealEstateFundInvestments
-106109000 USD
CY2021 vno Gain On Extinguishment Of Lease Liability And Operating Lease Impairment Loss
GainOnExtinguishmentOfLeaseLiabilityAndOperatingLeaseImpairmentLoss
0 USD
CY2020 vno Gain On Extinguishment Of Lease Liability And Operating Lease Impairment Loss
GainOnExtinguishmentOfLeaseLiabilityAndOperatingLeaseImpairmentLoss
-70260000 USD
CY2019 vno Gain On Extinguishment Of Lease Liability And Operating Lease Impairment Loss
GainOnExtinguishmentOfLeaseLiabilityAndOperatingLeaseImpairmentLoss
75220000 USD
CY2020 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
13369000 USD
CY2019 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
0 USD
CY2021 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
0 USD
CY2020 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
-4938000 USD
CY2019 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
-5533000 USD
CY2021 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
0 USD
CY2020 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
0 USD
CY2019 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
2571099000 USD
CY2021 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2020 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2019 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-22058000 USD
CY2021 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-7368000 USD
CY2020 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-6739000 USD
CY2019 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
3472000 USD
CY2021 vno Increase Decreasein Real Estate Fund Investments
IncreaseDecreaseinRealEstateFundInvestments
4474000 USD
CY2020 vno Increase Decreasein Real Estate Fund Investments
IncreaseDecreaseinRealEstateFundInvestments
7197000 USD
CY2019 vno Increase Decreasein Real Estate Fund Investments
IncreaseDecreaseinRealEstateFundInvestments
10000000 USD
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
187000 USD
CY2020 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
5330000 USD
CY2021 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-30466000 USD
CY2020 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
137452000 USD
CY2019 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-7558000 USD
CY2021 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
54716000 USD
CY2020 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
52832000 USD
CY2019 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
4302000 USD
CY2021 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
35856000 USD
CY2020 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
14868000 USD
CY2019 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
5940000 USD
CY2021 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-3399000 USD
CY2020 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-3538000 USD
CY2019 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
1626000 USD
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
761806000 USD
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
424240000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
662539000 USD
CY2021 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
585940000 USD
CY2020 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
601920000 USD
CY2019 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
649056000 USD
CY2021 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
149461000 USD
CY2020 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
155738000 USD
CY2019 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
233666000 USD
CY2021 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
137404000 USD
CY2020 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
1044260000 USD
CY2019 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
1605356000 USD
CY2021 us-gaap Payments To Acquire Additional Interest In Subsidiaries
PaymentsToAcquireAdditionalInterestInSubsidiaries
123936000 USD
CY2020 us-gaap Payments To Acquire Additional Interest In Subsidiaries
PaymentsToAcquireAdditionalInterestInSubsidiaries
0 USD
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CY2019 vno Defeasance Of Mortgage Payable
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CY2019 vno Real Estate Net Deconsolidation
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CY2019 vno Investments Received In Exchange For Transfer To Joint Venture Preferred Equity
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CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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CY2019 vno Special Distribution Declaredand Payable
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CY2019 vno Recognitionof Negative Basis Relatedto Saleof Investment
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CY2020Q4 us-gaap Commitments And Contingencies
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CY2019 us-gaap Interest Paid Capitalized
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CY2021 us-gaap Nature Of Operations
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Organization and Business <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%">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”). Accordingly, Vornado’s cash flow and ability to pay dividends to its shareholders are dependent upon the cash flow of the Operating Partnership and the ability of its direct and indirect subsidiaries to first satisfy their obligations to creditors. Vornado is the sole general partner of and owned approximately 92.6% of the common limited partnership interest in the Operating Partnership as of December 31, 2021. All references to the “Company,” “we,” “us” and “our” mean, collectively, Vornado, the Operating Partnership and those subsidiaries consolidated by Vornado.</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 currently own all or portions of: </span></div><div style="margin-bottom:3pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;text-decoration:underline">New York:</span><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">67 Manhattan operating properties consisting of:</span></div><div style="padding-left:36pt;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><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:19pt">20.6 million square feet of office space in 32 of the properties; </span></div><div style="padding-left:36pt;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><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:19pt">2.7 million square feet of street retail space in 60 of the properties; </span></div><div style="padding-left:36pt;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><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:19pt">1,674 units in eight Manhattan residential properties; </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">Multiple development sites, including Hotel Pennsylvania;</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">A 32.4% interest in Alexander’s, Inc. (“Alexander’s”) (NYSE: ALX), which owns six properties in the greater New York metropolitan area, including 731 Lexington Avenue, the 1.1 million square foot Bloomberg, L.P. headquarters building, and The Alexander, a 312-unit apartment tower in Queens;</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">Signage throughout the Penn District and Times Square; and </span></div><div style="margin-bottom:6pt;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">Building Maintenance Services LLC ("BMS"), a wholly owned subsidiary, which provides cleaning and security services for our buildings and third parties.</span></div><div style="margin-bottom:3pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;text-decoration:underline">Other Real Estate and Investments:</span><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">The 3.7 million square foot theMART in Chicago; </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">A 70% controlling interest in 555 California Street, a three-building office complex in San Francisco’s financial district aggregating 1.8 million square feet; </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">A 25% interest in Vornado Capital Partners, our real estate fund (the "Fund"). We are the general partner and investment manager of the fund. The fund is in wind-down; and</span></div>•Other real estate and investments.
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
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154895000 USD
CY2019 vno Estimated Taxable Income Net
EstimatedTaxableIncomeNet
917162000 USD
CY2021Q4 vno Net Basis Difference Of Assets And Liabilities Between Tax Basis And Gaap Basis
NetBasisDifferenceOfAssetsAndLiabilitiesBetweenTaxBasisAndGaapBasis
2600000000 USD
CY2021 vno Minimum Percentage Of Taxable Income Distributed As Dividends
MinimumPercentageOfTaxableIncomeDistributedAsDividends
0.90
CY2021 vno Percentage Of Taxable Income Distributed
PercentageOfTaxableIncomeDistributed
1
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
8582000 USD
CY2020Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
15017000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
40591000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
29348000 USD
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-10496000 USD
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.053
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
36630000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
103439000 USD
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.086
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.030
CY2021 vno Estimated Taxable Income Net
EstimatedTaxableIncomeNet
413026000 USD
CY2020 vno Estimated Taxable Income Net
EstimatedTaxableIncomeNet
419812000 USD
CY2021 us-gaap Revenues
Revenues
1589210000 USD
CY2020 us-gaap Revenues
Revenues
1527951000 USD
CY2019 us-gaap Revenues
Revenues
1924700000 USD
CY2021 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
1277645000 USD
CY2020 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
1292174000 USD
CY2019 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
1531917000 USD
CY2021 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
108850000 USD
CY2020 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
126907000 USD
CY2019 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
199291000 USD
CY2021 vno Operating Lease Contractual Lease Income
OperatingLeaseContractualLeaseIncome
1386495000 USD
CY2020 vno Operating Lease Contractual Lease Income
OperatingLeaseContractualLeaseIncome
1419081000 USD
CY2019 vno Operating Lease Contractual Lease Income
OperatingLeaseContractualLeaseIncome
1731208000 USD
CY2021 vno Adjustment For Straight Line Rents And Amortization Of Acquired Below Market Leases Net
AdjustmentForStraightLineRentsAndAmortizationOfAcquiredBelowMarketLeasesNet
5109000 USD
CY2020 vno Adjustment For Straight Line Rents And Amortization Of Acquired Below Market Leases Net
AdjustmentForStraightLineRentsAndAmortizationOfAcquiredBelowMarketLeasesNet
12486000 USD
CY2019 vno Adjustment For Straight Line Rents And Amortization Of Acquired Below Market Leases Net
AdjustmentForStraightLineRentsAndAmortizationOfAcquiredBelowMarketLeasesNet
-5739000 USD
CY2021 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
7695000 USD
CY2020 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
63204000 USD
CY2019 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
17237000 USD
CY2021 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
1373691000 USD
CY2020 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
1343391000 USD
CY2019 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
1719710000 USD
CY2021 vno Real Estate Fund Textblock
RealEstateFundTextblock
Real Estate Fund Investments <div style="margin-bottom:3pt;text-align:justify"><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"><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 24.3% 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% (3.79% as of December 31, 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 December 31, 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%">On December 7, 2021, the Fund completed the sale of the retail condominium located at 501 Broadway for $27,500,000. From the inception of this investment through its disposition, the Fund realized a $6,346,000 net loss.</span></div><div style="margin-bottom:3pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">    As of December 31, 2021, we had three real estate fund investments through the Fund and the Crowne Plaza Joint Venture with an aggregate fair value of $7,730,000, $328,055,000 below cost, and had remaining unfunded commitments of $28,465,000, of which our share was $8,849,000. As of December 31, 2020, we had four real estate fund investments with an aggregate fair value of $3,739,000.</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%">    Below is a summary of income (loss) from the Fund and the Crowne Plaza Joint Venture.</span></div><div style="margin-top:5pt"><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:61.261%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.983%"/><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:10.983%"/><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:10.985%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/></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="15" 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 Year Ended December 31,</span></td><td colspan="3" style="display:none"/></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="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%">2019</span></td><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%">Net investment income (loss)</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%">6,445 </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%">$</span></td><td style="background-color:#ccffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(220)</span></td><td style="background-color:#ccffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ccffff;padding:0 1pt"/><td style="background-color:#ccffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</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%">2,027 </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="display:none"/></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 income (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%">3,257 </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%">(226,107)</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%">(106,109)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><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%">Net realized income on exited investments</span></td><td colspan="2" style="background-color:#ccffff;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%">1,364 </span></td><td style="background-color:#ccffff;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;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:#ccffff;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;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:#ccffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><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"/></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%">Income (loss) from real estate fund investments</span></td><td colspan="2" style="background-color:#ffffff;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%">11,066 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000;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;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%">(226,327)</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;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;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%">(104,082)</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ccffff;padding:2px 1pt 2px 19pt;text-align:left;text-indent:-18pt;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Less (income) loss attributable to noncontrolling interests in consolidated subsidiaries</span></td><td colspan="2" style="background-color:#ccffff;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%">(7,309)</span></td><td style="background-color:#ccffff;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;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%">163,213 </span></td><td style="background-color:#ccffff;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;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%">55,274 </span></td><td style="background-color:#ccffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;text-indent:-18pt;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:#ffffff;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%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,757 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;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%">(63,114)</span></td><td style="background-color:#ffffff;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:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;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:#ffffff;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%">(48,808)</span></td><td style="background-color:#ffffff;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="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"/></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"/></tr></table></div>
CY2021Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
3297389000 USD
CY2020Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
3491107000 USD
CY2021 vno Income Loss From Equity Method Investments Including Fees Earned
IncomeLossFromEquityMethodInvestmentsIncludingFeesEarned
130517000 USD
CY2020 vno Income Loss From Equity Method Investments Including Fees Earned
IncomeLossFromEquityMethodInvestmentsIncludingFeesEarned
-329112000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
97186000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
93113000 USD
CY2019 vno Income Loss From Equity Method Investments Including Fees Earned
IncomeLossFromEquityMethodInvestmentsIncludingFeesEarned
78865000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
252081000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
116969000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
23856000 USD
CY2021Q4 vno Finite Lived Intangible Liability Gross
FiniteLivedIntangibleLiabilityGross
256065000 USD
CY2020Q4 vno Finite Lived Intangible Liability Gross
FiniteLivedIntangibleLiabilityGross
273902000 USD
CY2021Q4 vno Finite Lived Intangible Liability Accumulated Amortization
FiniteLivedIntangibleLiabilityAccumulatedAmortization
212245000 USD
CY2020Q4 vno Finite Lived Intangible Liability Accumulated Amortization
FiniteLivedIntangibleLiabilityAccumulatedAmortization
238541000 USD
CY2021Q4 vno Finite Lived Intangible Liabilities Net
FiniteLivedIntangibleLiabilitiesNet
43820000 USD
CY2020Q4 vno Finite Lived Intangible Liabilities Net
FiniteLivedIntangibleLiabilitiesNet
35361000 USD
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
2562604000 USD
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
1818447000 USD
CY2021Q4 vno Collateral Property Net Carrying Value
CollateralPropertyNetCarryingValue
5600000000 USD
CY2021Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
58268000 USD
CY2020Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
34462000 USD
CY2021Q4 us-gaap Shares Subject To Mandatory Redemption Settlement Terms Fair Value Of Shares
SharesSubjectToMandatoryRedemptionSettlementTermsFairValueOfShares
49659000 USD
CY2020Q4 us-gaap Shares Subject To Mandatory Redemption Settlement Terms Fair Value Of Shares
SharesSubjectToMandatoryRedemptionSettlementTermsFairValueOfShares
50002000 USD
CY2021 us-gaap Dividends Preferred Stock
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PreferredStockValue
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CY2020Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
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CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
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CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
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AllocatedShareBasedCompensationExpense
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20195000 USD
CY2021 vno Sharebased Compensation Arrangementby Sharebased Payment Award Unrecognized Compensation Expense Weighted Average Remaining Contractual Term
SharebasedCompensationArrangementbySharebasedPaymentAwardUnrecognizedCompensationExpenseWeightedAverageRemainingContractualTerm
P1Y6M
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13815000 USD
CY2020 vno Transaction Related Costs Impairment Lossesand Other
TransactionRelatedCostsImpairmentLossesandOther
174027000 USD
CY2019 vno Transaction Related Costs Impairment Lossesand Other
TransactionRelatedCostsImpairmentLossesandOther
106538000 USD
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0 USD
CY2021 vno Impairment Of Real Estate And Related Write Offs
ImpairmentOfRealEstateAndRelatedWriteOffs
7880000 USD
CY2020 vno Impairment Of Real Estate And Related Write Offs
ImpairmentOfRealEstateAndRelatedWriteOffs
236286000 USD
CY2019 vno Impairment Of Real Estate And Related Write Offs
ImpairmentOfRealEstateAndRelatedWriteOffs
8065000 USD
CY2021 vno Real Estate Acquisitionand Related Transaction Cost
RealEstateAcquisitionandRelatedTransactionCost
5935000 USD
CY2020 vno Real Estate Acquisitionand Related Transaction Cost
RealEstateAcquisitionandRelatedTransactionCost
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RealEstateAcquisitionandRelatedTransactionCost
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CY2020 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
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InterestAndFeeIncomeLoansAndLeases
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CY2021 vno Intereston Cashand Cash Equivalentsand Restricted Cash
InterestonCashandCashEquivalentsandRestrictedCash
284000 USD
CY2020 vno Intereston Cashand Cash Equivalentsand Restricted Cash
InterestonCashandCashEquivalentsandRestrictedCash
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CY2019 vno Intereston Cashand Cash Equivalentsand Restricted Cash
InterestonCashandCashEquivalentsandRestrictedCash
13380000 USD
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0 USD
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ProvisionForLoanLossesExpensed
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ProvisionForLoanLossesExpensed
0 USD
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MarketableSecuritiesUnrealizedGainLoss
-4938000 USD
CY2019 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
-5533000 USD
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249169000 USD
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0 USD
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OtherNonoperatingIncomeExpense
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CY2020 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
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CY2019 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
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4612000 USD
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InterestAndOtherInvestmentLossIncomeNet
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InterestAndDebtExpense
229251000 USD
CY2019 us-gaap Interest And Debt Expense
InterestAndDebtExpense
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0 USD
CY2020 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
0 USD
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InterestCostsIncurred
251847000 USD
CY2019 us-gaap Interest Costs Incurred
InterestCostsIncurred
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CY2021 vno Capitalized Interest And Debt Expenses
CapitalizedInterestAndDebtExpenses
38320000 USD
CY2020 vno Capitalized Interest And Debt Expenses
CapitalizedInterestAndDebtExpenses
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CY2019 vno Capitalized Interest And Debt Expenses
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72200000 USD
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20247000 USD
CY2020 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
18460000 USD
CY2019 us-gaap Amortization Of Financing Costs
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IncomeLossFromContinuingOperations
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IncomeLossFromContinuingOperations
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PreferredStockDividendsIncomeStatementImpact
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CY2019 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
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PreferredStockRedemptionPremium
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PreferredStockRedemptionPremium
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PreferredStockRedemptionPremium
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CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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NetIncomeLossAvailableToCommonStockholdersBasic
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34000 USD
CY2020 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
99000 USD
CY2019 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
309000 USD
CY2020 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2019 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
218000 shares
CY2021 vno Numerator For Basic Income Per Share
NumeratorForBasicIncomePerShare
101052000 USD
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NumeratorForBasicIncomePerShare
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CY2019 vno Numerator For Basic Income Per Share
NumeratorForBasicIncomePerShare
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CY2021 us-gaap Convertible Preferred Dividends Net Of Tax
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ConvertiblePreferredDividendsNetOfTax
0 USD
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CY2021 vno Earnings Allocated To Out Performance Plan Units
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0 USD
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EarningsAllocatedToOutPerformancePlanUnits
0 USD
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EarningsAllocatedToOutPerformancePlanUnits
9000 USD
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101052000 USD
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CY2019 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
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191551000 shares
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WeightedAverageNumberOfSharesOutstandingBasic
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571000 shares
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0 shares
CY2020 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
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192122000 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
191146000 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.53
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EarningsPerShareBasic
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EarningsPerShareBasic
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EarningsPerShareDiluted
0.53
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
16.21
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14007000 shares
CY2019 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
13020000 shares
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
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CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
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CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
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CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
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CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
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CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
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OperatingLeaseRightOfUseAsset
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CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
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CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
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CY2020Q4 us-gaap Operating Lease Liability
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CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P44Y9M18D
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
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CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
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OperatingLeasePayments
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OperatingLeasePayments
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OperatingLeaseCost
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OperatingLeaseCost
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OperatingLeaseCost
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VariableLeaseCost
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VariableLeaseCost
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VariableLeaseCost
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OperatingLeaseExpense
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OperatingLeaseExpense
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OperatingLeaseExpense
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CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
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CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
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23154000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
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CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
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CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
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CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
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CY2021Q4 us-gaap Letters Of Credit Outstanding Amount
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CY2021 vno Required Clawback Payment To Limited Partners At Liquidation
RequiredClawbackPaymentToLimitedPartnersAtLiquidation
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CY2021 vno Commitment To Fund Additional Capital To Partially Owned Entities
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CY2021Q4 us-gaap Other Commitment
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CY2021 us-gaap Number Of Reportable Segments
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CY2021Q4 us-gaap Assets
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72801000 USD
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306495000 USD
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1018825000 USD
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3491107000 USD
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69332000 USD
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322390000 USD
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OperatingIncomeLossCashBasis
1259777000 USD
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6060000 USD
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ProfitLoss
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GeneralAndAdministrativeExpense
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TransactionRelatedCostsImpairmentLossesandOther
174027000 USD
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TransactionRelatedCostsImpairmentLossesandOther
106538000 USD
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130517000 USD
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78865000 USD
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InterestAndOtherInvestmentLossIncomeNet
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InterestAndDebtExpense
229251000 USD
CY2019 us-gaap Interest And Debt Expense
InterestAndDebtExpense
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CY2021 vno Gain Losson Transfer Of Interest In Properties To Real Estate Investments Joint Ventures
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0 USD
CY2020 vno Gain Losson Transfer Of Interest In Properties To Real Estate Investments Joint Ventures
GainLossonTransferOfInterestInPropertiesToRealEstateInvestmentsJointVentures
0 USD
CY2019 vno Gain Losson Transfer Of Interest In Properties To Real Estate Investments Joint Ventures
GainLossonTransferOfInterestInPropertiesToRealEstateInvestmentsJointVentures
2571099000 USD
CY2021 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
50770000 USD
CY2020 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
381320000 USD
CY2019 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
845499000 USD
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
36630000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
103439000 USD
CY2021 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 USD
CY2020 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 USD
CY2019 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
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CY2020 vno Net Operating Income Loss Portion Attributableto Noncontrolling Interest Total
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72801000 USD
CY2021 vno Net Operating Income Loss Cash Basis Partially Owned Entities
NetOperatingIncomeLossCashBasisPartiallyOwnedEntities
310858000 USD
CY2020 vno Net Operating Income Loss Cash Basis Partially Owned Entities
NetOperatingIncomeLossCashBasisPartiallyOwnedEntities
306495000 USD
CY2019 vno Net Operating Income Loss Cash Basis Partially Owned Entities
NetOperatingIncomeLossCashBasisPartiallyOwnedEntities
322390000 USD
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NetOperatingIncomeLossPortionAttributabletoNoncontrollingInterestTotal
69385000 USD
CY2019 vno Net Operating Income Loss Portion Attributableto Noncontrolling Interest Total
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69332000 USD
CY2021 vno Operating Income Loss Cash Basis
OperatingIncomeLossCashBasis
1033368000 USD
CY2020 vno Operating Income Loss Cash Basis
OperatingIncomeLossCashBasis
972579000 USD
CY2019 vno Operating Income Loss Cash Basis
OperatingIncomeLossCashBasis
1259777000 USD
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StraightlineRentsAndOtherAdjustments
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CY2020 vno Straightline Rents And Other Adjustments
StraightlineRentsAndOtherAdjustments
-46246000 USD
CY2019 vno Straightline Rents And Other Adjustments
StraightlineRentsAndOtherAdjustments
6060000 USD
CY2021 vno Cash Basis Property Level Noi
CashBasisPropertyLevelNOI
1034686000 USD
CY2020 vno Cash Basis Property Level Noi
CashBasisPropertyLevelNOI
1018825000 USD
CY2019 vno Cash Basis Property Level Noi
CashBasisPropertyLevelNOI
1253717000 USD
CY2021Q4 srt Real Estate And Accumulated Depreciation Amount Of Encumbrances
RealEstateAndAccumulatedDepreciationAmountOfEncumbrances
6674215000 USD
CY2021Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Land
RealEstateAndAccumulatedDepreciationInitialCostOfLand
2656795000 USD
CY2021Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements
6026707000 USD
CY2021Q4 us-gaap Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Improvements
RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionImprovements
4534343000 USD
CY2021Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Land
RealEstateAndAccumulatedDepreciationCarryingAmountOfLand
2540193000 USD
CY2021Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements
10677652000 USD
CY2021Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
13217845000 USD
CY2021Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
3376347000 USD
CY2021Q4 vno Net Basis Difference Of Assets And Liabilities Between Tax Basis And Gaap Basis
NetBasisDifferenceOfAssetsAndLiabilitiesBetweenTaxBasisAndGaapBasis
2600000000 USD
CY2021 us-gaap Real Estate And Accumulated Depreciation Life Used For Depreciation1
RealEstateAndAccumulatedDepreciationLifeUsedForDepreciation1
P40Y
CY2020Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
12087943000 USD
CY2019Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
13074012000 USD
CY2018Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
16237883000 USD
CY2021 us-gaap Real Estate Other Additions
RealEstateOtherAdditions
13571474000 USD
CY2020 us-gaap Real Estate Other Additions
RealEstateOtherAdditions
14202977000 USD
CY2019 us-gaap Real Estate Other Additions
RealEstateOtherAdditions
17675741000 USD
CY2021 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
353629000 USD
CY2020 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
2115034000 USD
CY2019 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
4601729000 USD
CY2021Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
13217845000 USD
CY2020Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
12087943000 USD
CY2019Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
13074012000 USD
CY2020Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
3169446000 USD
CY2019Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
3015958000 USD
CY2018Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
3180175000 USD
CY2021 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
362311000 USD
CY2020 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
344301000 USD
CY2019 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
360194000 USD
CY2021 vno Real Estate Accumulated Depreciation Before Accumulated Depreciation On Asset Sold And Written Off
RealEstateAccumulatedDepreciationBeforeAccumulatedDepreciationOnAssetSoldAndWrittenOff
3531757000 USD
CY2020 vno Real Estate Accumulated Depreciation Before Accumulated Depreciation On Asset Sold And Written Off
RealEstateAccumulatedDepreciationBeforeAccumulatedDepreciationOnAssetSoldAndWrittenOff
3360259000 USD
CY2019 vno Real Estate Accumulated Depreciation Before Accumulated Depreciation On Asset Sold And Written Off
RealEstateAccumulatedDepreciationBeforeAccumulatedDepreciationOnAssetSoldAndWrittenOff
3540369000 USD
CY2021 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
155410000 USD
CY2020 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
190813000 USD
CY2019 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
524411000 USD
CY2021Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
3376347000 USD
CY2020Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
3169446000 USD
CY2019Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
3015958000 USD

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