v3.26.3
(Loss) Income Per Share and Per Class A Unit - Schedule of Earnings Per Share Basic and Diluted (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Numerator:        
Net (loss) income attributable to Vornado/Vornado Realty L.P. $ (31,613) $ 27,115 $ (6,971) $ 888,828
Preferred share dividends/unit distributions (15,525) (15,526) (46,575) (46,578)
Net (Loss) Income attributable to common shareholders/Class A unitholders (47,138) 11,589 (53,546) 842,250
Distributions and earnings allocated to unvested participating securities 0 0 0 0
Numerator for basic (loss) income per common share/Class A unit (47,138) 11,589 (53,546) 842,250
Impact of assumed conversion of dilutive convertible securities (63) 0 0 1,189
Numerator for diluted (loss) income per common share/Class A unit $ (47,201) $ 11,589 $ (53,546) $ 843,439
Denominator:        
Denominator for basic (loss) income per common share - weighted average shares (in shares) 186,822 192,050 187,909 191,804
Effect of dilutive securities:        
Share/unit-based payment awards (in shares) 0 8,100 0 8,000
Convertible securities (in shares) 24 0 0 1,294
Denominator for diluted (loss) income per common share - weighted average shares and assumed conversions (in shares) 186,846 200,150 187,909 201,098
INCOME (LOSS) PER COMMON SHARE/CLASS A UNIT:        
Basic (in dollars per share) $ (0.25) $ 0.06 $ (0.28) $ 4.39
Diluted (in dollars per share) $ (0.25) $ 0.06 $ (0.28) $ 4.19
INCOME (LOSS) PER COMMON SHARE/CLASS A UNIT:        
Weighted average common share / class A unit equivalents of excluded dilutive securities due to anti-dilutive effect (in shares) 9,438 1,291 8,565 0
Vornado Realty L.P.        
Numerator:        
Net (loss) income attributable to Vornado/Vornado Realty L.P. $ (35,784) $ 28,151 $ (11,672) $ 962,616
Preferred share dividends/unit distributions (15,554) (15,555) (46,661) (46,664)
Net (Loss) Income attributable to common shareholders/Class A unitholders (51,338) 12,596 (58,333) 915,952
Distributions and earnings allocated to unvested participating securities 0 (175) 0 (12,792)
Numerator for basic (loss) income per common share/Class A unit (51,338) 12,421 (58,333) 903,160
Impact of assumed conversion of dilutive convertible securities (63) 0 0 1,189
Numerator for diluted (loss) income per common share/Class A unit $ (51,401) $ 12,421 $ (58,333) $ 904,349
Denominator:        
Denominator for basic (loss) income per Class A unit - weighted average units (in shares) 202,080 205,846 202,661 205,806
Effect of dilutive securities:        
Share/unit-based payment awards (in shares) 0 8,100 0 8,000
Convertible securities (in shares) 24 0 0 1,294
Denominator for diluted (loss) income per Class A unit - weighted average units and assumed conversions (in shares) 202,104 213,946 202,661 215,100
INCOME (LOSS) PER COMMON SHARE/CLASS A UNIT:        
Basic (in dollars per unit) $ (0.25) $ 0.06 $ (0.29) $ 4.39
Diluted (in dollars per unit) $ (0.25) $ 0.06 $ (0.29) $ 4.20
Weighted average common share / class A unit equivalents of excluded dilutive securities due to anti-dilutive effect (in shares) 9,438 1,291 8,565 0