v3.26.3
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (UNAUDITED) - USD ($)
$ in Thousands
Total
Class A Units
Series A Preferred Stock
Preferred Stock
Preferred Stock
Series A Preferred Stock
Earnings Less Than Distributions
Accumulated Other Comprehensive (Loss) Income
Non-controlling Interests in Consolidated Subsidiaries
Vornado Realty L.P.
Vornado Realty L.P.
Class A Units
Vornado Realty L.P.
Series A Preferred Stock
Vornado Realty L.P.
Preferred Stock
Vornado Realty L.P.
Preferred Stock
Series A Preferred Stock
Vornado Realty L.P.
Class A Units Owned by Vornado
Vornado Realty L.P.
Class A Units Owned by Vornado
Class A Units
Vornado Realty L.P.
Class A Units Owned by Vornado
Series A Preferred Stock
Vornado Realty L.P.
Earnings Less Than Distributions
Vornado Realty L.P.
Accumulated Other Comprehensive (Loss) Income
Vornado Realty L.P.
Non-controlling Interests in Consolidated Subsidiaries
Beginning balance (in shares) at Dec. 31, 2024       48,789,000               48,789,000              
Beginning balance at Dec. 31, 2024 $ 5,337,211     $ 1,182,364   $ (4,142,249) $ 57,700 $ 178,969 $ 5,337,211     $ 1,182,364   $ 8,060,427     $ (4,142,249) $ 57,700 $ 178,969
Beginning balance (in shares) at Dec. 31, 2024                           190,847,000          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                      
Net (loss) income attributable to Vornado/Vornado Realty L.P. 888,828         888,828     962,616               962,616    
Net loss (income) attributable to redeemable partnership units                 (73,788)               (73,788)    
Net income (loss) attributable to nonredeemable noncontrolling interests in consolidated subsidiaries (8,131)             (8,131) (8,131)                   (8,131)
Distributions to preferred unitholders (see Note 11 for distributions per unit amounts) (46,578)         (46,578)     (46,578)               (46,578)    
Class A units issued to Vornado:                                      
Class A units issued to Vornado upon redemption of redeemable Class A units, at redemption value (in shares)                           1,207,000          
Class A units issued to Vornado upon redemption of redeemable Class A units, at redemption value 49,129               49,129         $ 49,129          
Under Vornado's employees’ share option plan (in shares)                           1,000          
Under Vornado's employees' share option plan 42               42         $ 42          
Contributions 673             673 673                   673
Distributions (188)             (188) (188)                   (188)
Other comprehensive income (loss) of nonconsolidated subsidiaries (11,121)           (11,121)   (11,121)                 (11,121)  
Change in fair value of consolidated interest rate hedges and other (48,183)           (48,183)   (48,183)                 (48,183)  
Redeemable Class A unit measurement adjustment 70,160           (31)   70,160         70,191       (31)  
Redeemable partnership units 4,780           4,780   4,780                 4,780  
Consolidated subsidiaries 0           827 (827) 0                 827 (827)
Other (296)         (2) 1 (294) (296)         (1)     (2) 1 (294)
Ending balance (in shares) at Sep. 30, 2025       48,789,000               48,789,000              
Ending balance at Sep. 30, 2025 6,236,326     $ 1,182,364   (3,300,001) 3,973 170,202 6,236,326     $ 1,182,364   $ 8,179,788     (3,300,001) 3,973 170,202
Ending balance (in shares) at Sep. 30, 2025                           192,055,000          
Beginning balance (in shares) at Jun. 30, 2025       48,789,000               48,789,000              
Beginning balance at Jun. 30, 2025 6,263,961     $ 1,182,364   (3,311,586) 9,857 171,863 6,263,961     $ 1,182,364   $ 8,211,463     (3,311,586) 9,857 171,863
Beginning balance (in shares) at Jun. 30, 2025                           192,041,000          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                      
Net (loss) income attributable to Vornado/Vornado Realty L.P. 27,115         27,115     28,151               28,151    
Net loss (income) attributable to redeemable partnership units                 (1,036)               (1,036)    
Net income (loss) attributable to nonredeemable noncontrolling interests in consolidated subsidiaries (1,143)             (1,143) (1,143)                   (1,143)
Distributions to preferred unitholders (see Note 11 for distributions per unit amounts) (15,526)         (15,526)     (15,526)               (15,526)    
Class A units issued to Vornado:                                      
Class A units issued to Vornado upon redemption of redeemable Class A units, at redemption value (in shares)                           14,000          
Class A units issued to Vornado upon redemption of redeemable Class A units, at redemption value 551               551         $ 551          
Under Vornado's employees' share option plan 6               6         6          
Distributions (2)             (2) (2)                   (2)
Other comprehensive income (loss) of nonconsolidated subsidiaries 130           130   130                 130  
Change in fair value of consolidated interest rate hedges and other (7,041)           (7,041)   (7,041)                 (7,041)  
Redeemable Class A unit measurement adjustment (32,228)           3   (32,228)         (32,231)       3  
Redeemable partnership units 509           509   509                 509  
Consolidated subsidiaries 0           516 (516) 0                 516 (516)
Other (6)         (4) (1)   (6)         (1)     (4) (1)  
Ending balance (in shares) at Sep. 30, 2025       48,789,000               48,789,000              
Ending balance at Sep. 30, 2025 $ 6,236,326     $ 1,182,364   (3,300,001) 3,973 170,202 6,236,326     $ 1,182,364   $ 8,179,788     (3,300,001) 3,973 170,202
Ending balance (in shares) at Sep. 30, 2025                           192,055,000          
Beginning balance (in shares) at Dec. 31, 2025 48,788,450     48,788,000               48,788,000              
Beginning balance at Dec. 31, 2025 $ 6,156,572     $ 1,182,345   (3,491,603) (5) 169,845 6,156,572     $ 1,182,345   $ 8,295,990     (3,491,603) (5) 169,845
Beginning balance (in shares) at Dec. 31, 2025 190,666,367                         190,666,000          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                      
Net (loss) income attributable to Vornado/Vornado Realty L.P. $ (6,971)         (6,971)     (11,672)               (11,672)    
Net loss (income) attributable to redeemable partnership units                 4,701               4,701    
Net income (loss) attributable to nonredeemable noncontrolling interests in consolidated subsidiaries 4,610             4,610 4,610                   4,610
Distributions to preferred unitholders (see Note 11 for distributions per unit amounts) (46,575)         (46,575)     (46,575)               (46,575)    
Class A units issued to Vornado:                                      
Class A units issued to Vornado upon redemption of redeemable Class A units, at redemption value (in shares)         (2,000)               (2,000)   823,000 2,000      
Class A units issued to Vornado upon redemption of redeemable Class A units, at redemption value   $ 25,935 $ 0   $ (28)         $ 25,935 $ 0   $ (28)   $ 25,935 $ 28      
Contributions 882             882 882                   882
Distributions (1,556)             (1,556) (1,556)                   (1,556)
Repurchase of Class A units owned by Vornado (in shares)                           (4,533,000)          
Repurchase of Class A units owned by Vornado (133,396)         (133,215)     (133,396)         $ (181)     (133,215)    
Other comprehensive income (loss) of nonconsolidated subsidiaries 16,641           16,641   16,641                 16,641  
Change in fair value of consolidated interest rate hedges and other 23,658           23,658   23,658                 23,658  
Redeemable Class A unit measurement adjustment (16,803)           21   (16,803)         (16,824)       21  
Redeemable partnership units (3,292)           (3,292)   (3,292)                 (3,292)  
Consolidated subsidiaries 0           (132) 132 0                 (132) 132
Other (in shares)       1,000               (1,000)              
Other $ 168     $ 176   20 (1) (27) 168     $ 176         20 (1) (27)
Ending balance (in shares) at Sep. 30, 2026 48,787,338     48,787,000               48,787,000              
Ending balance at Sep. 30, 2026 $ 6,019,873     $ 1,182,493   (3,678,344) 36,890 173,886 6,019,873     $ 1,182,493   $ 8,304,948     (3,678,344) 36,890 173,886
Ending balance (in shares) at Sep. 30, 2026 186,958,059                         186,958,000          
Beginning balance (in shares) at Jun. 30, 2026       48,788,000               48,788,000              
Beginning balance at Jun. 30, 2026 $ 5,963,284     $ 1,182,505   (3,631,204) 26,033 175,697 5,963,284     $ 1,182,505   $ 8,210,253     (3,631,204) 26,033 175,697
Beginning balance (in shares) at Jun. 30, 2026                           186,721,000          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                      
Net (loss) income attributable to Vornado/Vornado Realty L.P. (31,613)         (31,613)     (35,784)               (35,784)    
Net loss (income) attributable to redeemable partnership units                 4,171               4,171    
Net income (loss) attributable to nonredeemable noncontrolling interests in consolidated subsidiaries (2,670)             (2,670) (2,670)                   (2,670)
Distributions to preferred unitholders (see Note 11 for distributions per unit amounts) (15,525)         (15,525)     (15,525)               (15,525)    
Class A units issued to Vornado:                                      
Class A units issued to Vornado upon redemption of redeemable Class A units, at redemption value (in shares)         (1,000)               (1,000)   237,000 1,000      
Class A units issued to Vornado upon redemption of redeemable Class A units, at redemption value   $ 8,948 $ 0   $ (12)         $ 8,948 $ 0   $ (12)   $ 8,948 $ 12      
Contributions 882             882 882                   882
Distributions (8)             (8) (8)                   (8)
Other comprehensive income (loss) of nonconsolidated subsidiaries 7,337           7,337   7,337                 7,337  
Change in fair value of consolidated interest rate hedges and other 4,977           4,977   4,977                 4,977  
Redeemable Class A unit measurement adjustment 85,294           (440)   85,294         $ 85,734       (440)  
Redeemable partnership units (1,006)           (1,006)   (1,006)                 (1,006)  
Consolidated subsidiaries 0           (11) 11 0                 (11) 11
Other (in shares)                           (1,000)          
Other $ (27)         (2)   (26) (27)         $ 1     (2)   (26)
Ending balance (in shares) at Sep. 30, 2026 48,787,338     48,787,000               48,787,000              
Ending balance at Sep. 30, 2026 $ 6,019,873     $ 1,182,493   $ (3,678,344) $ 36,890 $ 173,886 $ 6,019,873     $ 1,182,493   $ 8,304,948     $ (3,678,344) $ 36,890 $ 173,886
Ending balance (in shares) at Sep. 30, 2026 186,958,059                         186,958,000