| 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 September 30, | | For the Nine Months Ended September 30, | | 2026 | | 2025 | | 2026 | | 2025 | | Beginning balance | $ | 658,019 | | | $ | 642,465 | | | $ | 557,671 | | | $ | 711,943 | | | Net (loss) income | (4,171) | | | 1,036 | | | (4,701) | | | 73,788 | | | Other comprehensive income (loss) | 1,006 | | | (509) | | | 3,292 | | | (4,780) | | | Distributions | (75) | | | (29) | | | (132) | | | (551) | | | Redemption of Class A units for Vornado common shares, at redemption value | (8,948) | | | (551) | | | (25,935) | | | (49,129) | | | Redeemable Class A unit measurement adjustment | (85,294) | | | 32,228 | | | 16,803 | | | (70,160) | | | Other, net | 4,480 | | | 5,514 | | | 18,019 | | | 19,043 | | | Ending balance | $ | 565,017 | | | $ | 680,154 | | | $ | 565,017 | | | $ | 680,154 | |
Below is a table summarizing the activity of the redeemable noncontrolling interest in a consolidated subsidiary. | | | | | | | | | | | | | | | | | | | | | | | | | (Amounts in thousands) | For the Three Months Ended September 30, | | For the Nine Months Ended September 30, | | 2026 | | 2025 | | 2026 | | 2025 | | Beginning balance | $ | 75,668 | | | $ | 107,632 | | | $ | 90,280 | | | $ | 122,715 | | | Net loss | (7,510) | | | (7,769) | | | (21,732) | | | (22,195) | | | Contributions | — | | | 1,254 | | | — | | | 1,254 | | | Distributions | — | | | — | | | (390) | | | (657) | | | Ending balance | $ | 68,158 | | | $ | 101,117 | | | $ | 68,158 | | | $ | 101,117 | |
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