| Schedule of Activity of Redeemable Noncontrolling Interests |
Below is a table summarizing the activity of redeemable noncontrolling partnership units. | | | | | | | | | | | | | | | | | | | | | | | | | (Amounts in thousands) | For the Three Months Ended June 30, | | For the Six Months Ended June 30, | | 2025 | | 2024 | | 2025 | | 2024 | | Beginning balance | $ | 622,941 | | | $ | 495,967 | | | $ | 711,943 | | | $ | 483,786 | | | Net income | 64,863 | | | 3,200 | | | 72,752 | | | 2,414 | | | Other comprehensive (loss) income | (1,494) | | | (100) | | | (4,271) | | | 3,582 | | | Distributions | (29) | | | (29) | | | (522) | | | (57) | | | Redemption of Class A units for Vornado common shares, at redemption value | (3,427) | | | (551) | | | (48,578) | | | (3,040) | | | Redeemable Class A unit measurement adjustment | (47,853) | | | (52,518) | | | (102,388) | | | (48,143) | | | Other, net | 7,464 | | | 8,724 | | | 13,529 | | | 16,151 | | | Ending balance | $ | 642,465 | | | $ | 454,693 | | | $ | 642,465 | | | $ | 454,693 | |
Below is a table summarizing the activity of the redeemable noncontrolling interest in a consolidated subsidiary. | | | | | | | | | | | | | | | | | | | | | | | | | (Amounts in thousands) | For the Three Months Ended June 30, | | For the Six Months Ended June 30, | | 2025 | | 2024 | | 2025 | | 2024 | | Beginning balance | $ | 115,283 | | | $ | 147,175 | | | $ | 122,715 | | | $ | 154,662 | | | Net loss | (6,994) | | | (8,403) | | | (14,426) | | | (15,890) | | | Distributions | (657) | | | — | | | (657) | | | — | | | | | | | | | | | Ending balance | $ | 107,632 | | | $ | 138,772 | | | $ | 107,632 | | | $ | 138,772 | |
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