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Document and Entity Information - USD ($) $ in Thousands	9 Months Ended
Document and Entity Information - USD ($) $ in Thousands	Sep. 30, 2011	Jun. 30, 2010
Document and Entity Information [Abstract]
Entity Registrant Name	VORNADO REALTY TRUST
Entity Central Index Key	0000899689
Document Type	10-Q
Document Period End Date	Sep. 30, 2011
Document Fiscal Year Focus	2011
Document Fiscal Period Focus	Q3
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding	184,496,038
Entity Public Float		$ 11,920,063
Entity Well Known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes

Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2011	Dec. 31, 2010
Real estate, at cost:
Land	$ 4,524,930	$ 4,535,042
Buildings and improvements	12,573,880	12,510,244
Development costs and construction in progress	225,098	217,505
Leasehold improvements and equipment	127,294	124,910
Total	17,451,202	17,387,701
Less accumulated depreciation and amortization	(2,975,075)	(2,715,046)
Real estate, net	14,476,127	14,672,655
Cash and cash equivalents	585,183	690,789
Restricted cash	124,984	200,822
Marketable securities	631,361	766,116
Accounts receivable, net of allowance for doubtful accounts of $76,935 and $62,979	145,854	157,146
Investments in partially owned entities	1,703,584	1,375,006
Real Estate Fund investments	261,417	144,423
Mezzanine loans receivable, net	156,365	202,412
Receivable arising from the straight-lining of rents, net of allowance of $8,973 and $7,316	724,483	695,486
Deferred leasing and financing costs, net of accumulated amortization of $236,859 and $219,965	360,056	354,864
Identified intangible assets, net of accumulated amortization of $356,118 and $335,113	334,878	346,157
Assets related to discontinued operations	253,352	519,285
Due from officers	13,185	13,187
Other assets	417,399	379,123
Assets	20,188,228	20,517,471
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY
Notes and mortgages payable	8,462,191	8,255,101
Senior unsecured notes	959,421	1,082,928
Exchangeable senior debentures	496,139	491,000
Convertible senior debentures	188,799	186,413
Revolving credit facility debt	300,000	874,000
Accounts payable and accrued expenses	469,024	438,479
Deferred credit	532,221	575,836
Deferred compensation plan	94,623	91,549
Deferred tax liabilities	13,814	13,278
Liabilities related to discontinued operations	8,954	267,652
Other liabilities	139,353	82,856
Total liabilities	11,664,539	12,359,092
Commitments and contingencies
Redeemable noncontrolling interests:
Class A units - 12,526,395 and 12,804,202 units outstanding	934,720	1,066,974
Series D cumulative redeemable preferred units - 9,000,001 and 10,400,001 units outstanding	226,000	261,000
Total redeemable noncontrolling interests	1,160,720	1,327,974
Vornado shareholders' equity:
Preferred shares of beneficial interest: no par value per share; authorized 110,000,000 shares; issued and outstanding 42,186,709 and 32,340,009 shares	1,021,855	783,088
Common shares of beneficial interest: $.04 par value per share; authorized 250,000,000 shares; issued and outstanding 184,496,038 and 183,661,875 shares	7,350	7,317
Additional capital	7,112,004	6,932,728
Earnings less than distributions	(1,330,405)	(1,480,876)
Accumulated other comprehensive (loss) income	(59,019)	73,453
Total Vornado shareholders' equity	6,751,785	6,315,710
Noncontrolling interest in consolidated subsidiaries	611,184	514,695
Total equity	7,362,969	6,830,405
Total liabilities, redeemable noncontrolling interests and equity	20,188,228	20,517,471
Toys R Us [Member]
Real estate, at cost:
Investments in partially owned entities	546,258	447,334
All Equity Method Investees Excluding Toys [Member]
Real estate, at cost:
Investments in partially owned entities	$ 1,157,326	$ 927,672

Consolidated Balance Sheets (Parentheticals) - USD ($) $ in Thousands	Sep. 30, 2011	Dec. 31, 2010
ASSETS
Accounts receivable, allowance for doubtful accounts	$ 76,935	$ 62,979
Receivable arising from the straight-lining of rents, allowance	8,973	7,316
Deferred leasing and financing costs, accumulated amortization	236,859	219,965
Identified intangible assets: Accumulated amortization	$ 356,118	$ 335,113
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY
Preferred shares of beneficial interest: authorized shares	110,000,000	110,000,000
Preferred shares of beneficial interest: issued shares	42,186,709	32,340,009
Preferred shares of beneficial interest: outstanding shares	42,186,709	32,340,009
Common shares of beneficial interest: par value per share	$ 0.04	$ 0.04
Common shares of beneficial interest: authorized shares	250,000,000	250,000,000
Common shares of beneficial interest: issued shares	184,496,038	183,661,875
Common shares of beneficial interest: outstanding shares	184,496,038	183,661,875
Common Class A [Member]
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY
Redeemable noncontrolling interests units outstanding	12,526,395	12,804,202
Cumulative Redeemable Preferred Unit [Member]
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY
Redeemable noncontrolling interests units outstanding	9,000,001	10,400,001

Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2011	Sep. 30, 2010	Sep. 30, 2011	Sep. 30, 2010
REVENUES:
Property rentals	$ 561,149	$ 559,518	$ 1,688,551	$ 1,661,967
Tenant expense reimbursements	94,053	95,341	264,857	271,040
Cleveland Medical Mart development project	35,135	0	108,203	0
Fee and other income	37,006	32,266	112,239	104,838
Total Revenues	727,343	687,125	2,173,850	2,037,845
EXPENSES:
Operating	285,659	275,077	841,266	802,927
Depreciation and amortization	134,074	130,599	393,846	393,259
General and administrative	46,452	55,200	155,566	153,231
Cleveland Medical Mart development project	33,419	0	101,637	0
Tenant buy-outs and other acquisition related costs	2,288	921	22,455	2,851
Total expenses	501,892	461,797	1,514,770	1,352,268
Operating income	225,451	225,328	659,080	685,577
Income (loss) from partially owned entities	4,248	(4,553)	137,033	116,109
Income (loss) from Real Estate Fund (of which $3,675 and $1,091 is attributable to noncontrolling interests, in each three-month period, respectively, and $15,703 and $1,091 in each nine-month period, respectively)	5,353	(1,410)	25,491	(1,410)
Interest and other investment (loss) income, net	(29,994)	47,096	95,121	65,676
Interest and debt expense (including amortization of deferred financing costs of $4,828 and $5,170 in each three-month period, respectively, and $14,696 and $14,085 in each nine-month period, respectively)	(136,672)	(145,561)	(408,532)	(423,354)
Net (loss) on extinguishment of debt	0	(724)	0	(1,796)
Net gain on disposition of wholly owned and partially owned assets	1,298	5,072	7,975	12,759
Income before income taxes	69,684	125,248	516,168	453,561
Income tax expense	(7,144)	(5,449)	(19,448)	(15,993)
Income from continuing operations	62,540	119,799	496,720	437,568
Income (loss) from discontinued operations	3,683	(3,667)	146,293	(11,681)
Net income	66,223	116,132	643,013	425,887
Net (income) loss attributable to noncontrolling interests in consolidated subsidiaries	(5,636)	(296)	(20,643)	(1,490)
Net income attributable to noncontrolling interests in the Operating Partnership, including unit distributions	(6,825)	(11,584)	(47,364)	(33,487)
Net income attributable to Vornado	53,762	104,252	575,006	390,910
Preferred share dividends	(17,627)	(13,442)	(47,743)	(41,975)
Discount on preferred share and unit redemptions	5,000	4,382	5,000	4,382
NET INCOME attributable to common shareholders	$ 41,135	$ 95,192	$ 532,263	$ 353,317
INCOME PER COMMON SHARE - BASIC:
Income from continuing operations, net	$ 0.20	$ 0.54	$ 2.14	$ 2.00
Income (loss) from discontinued operations, net	0.02	(0.02)	0.75	(0.06)
Net income per common share	$ 0.22	$ 0.52	$ 2.89	$ 1.94
Weighted average shares	184,398	182,462	184,220	182,014
INCOME PER COMMON SHARE - DILUTED:
Income from continuing operations, net	$ 0.20	$ 0.54	$ 2.12	$ 1.98
Income (loss) from discontinued operations, net	0.02	(0.02)	0.74	(0.06)
Net income per common share	$ 0.22	$ 0.52	$ 2.86	$ 1.92
Weighted average shares	186,065	184,168	186,039	183,826
DIVIDENDS PER COMMON SHARE	$ 0.69	$ 0.65	$ 2.07	$ 1.95
Toys R Us [Member]
EXPENSES:
Income (loss) from partially owned entities	$ (9,304)	$ (2,557)	$ 80,794	$ 102,309
All Equity Method Investees Excluding Toys [Member]
EXPENSES:
Income (loss) from partially owned entities	$ 13,552	$ (1,996)	$ 56,239	$ 13,800

Consolidated Statements of Income (Parentheticals) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2011	Sep. 30, 2010	Sep. 30, 2011	Sep. 30, 2010
Amortization of deferred financing costs	$ 4,828	$ 5,170	$ 14,696	$ 14,085
Net (income) loss attributable to noncontrolling interests in consolidated subsidiaries	(5,636)	(296)	(20,643)	(1,490)
Real Estate Fund [Member]
Net (income) loss attributable to noncontrolling interests in consolidated subsidiaries	$ (3,675)	$ 1,091	$ (15,703)	$ 1,091

Condolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2011	Sep. 30, 2010	Sep. 30, 2011	Sep. 30, 2010
Net income	$ 66,223	$ 116,132	$ 643,013	$ 425,887
Other comprehensive (loss) income:
Change in unrealized net (loss) gain on securities available-for-sale	(161,178)	8,966	(120,334)	34,497
Pro rata share of other comprehensive income (loss) of nonconsolidated subsidiaries	112	3,885	26,477	(12,080)
Change in value of interest rate caps	(24,424)	0	(42,458)	0
Other	(69)	(5,176)	(5,114)	(5,594)
Comprehensive (loss) income	(119,336)	123,807	501,584	442,710
Comprehensive income attributable to noncontrolling interests	(400)	(12,414)	(59,050)	(36,148)
Comprehensive (loss) income attributable to Vornado	$ (119,736)	$ 111,393	$ 442,534	$ 406,562

- Definition

The change in equity [net assets] of a business enterprise during a period from transactions and other events and circumstances from non-owner sources which are attributable to the reporting entity. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners, but excludes any and all transactions which are directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent.

+ References

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-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
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+ Details

- Definition

The change in equity [net assets] of a business enterprise during a period from transactions and other events and circumstances from non-owner sources which are attributable to noncontrolling interests, if any. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners, which are directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent.

+ References + Details

- Definition

The change in equity [net assets] of a business enterprise during a period from transactions and other events and circumstances from non-owner sources which are attributable to the economic entity, including both controlling (parent) and noncontrolling interests. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners, including any and all transactions which are directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent.

+ References + Details

- Definition

Net of tax effect change in accumulated gains and losses from derivative instruments designated and qualifying as the effective portion of cash flow hedges after taxes. A cash flow hedge is a hedge of the exposure to variability in the cash flows of a recognized asset or liability or a forecasted transaction that is attributable to a particular risk. The change includes an entity's share of an equity investee's increase or decrease in deferred hedging gains or losses. While for technical reasons this element has no balance attribute, the default assumption is a credit balance consistent with its label.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
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+ Details

- Definition

This element represents Other Comprehensive Income or Loss, Net of Tax, for the period. Includes deferred gains or losses on qualifying hedges, unrealized holding gains or losses on available-for-sale securities, minimum pension liability, and cumulative translation adjustment. While for technical reasons this element has no balance attribute, the default assumption is a credit balance consistent with its label.

+ References

+ Details

- Definition

Appreciation or loss in value (before reclassification adjustment) of the total of unsold securities during the period being reported on, net of tax. Reclassification adjustments include: (1) the unrealized holding gain (loss), net of tax, at the date of the transfer for a debt security from the held-to-maturity category transferred into the available-for-sale category. Also includes the unrealized gain (loss) at the date of transfer for a debt security from the available-for-sale category transferred into the held-to-maturity category; (2) the unrealized gains (losses) realized upon the sale of securities, after tax; and (3) the unrealized gains (losses) realized upon the write-down of securities, after tax.

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+ Details

- Definition

The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

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+ Details

Consolidated Statements of Changes in Equity - USD ($) shares in Thousands, $ in Thousands	Total	Real Estate Fund [Member]	All Other Except Real Estate Fund [Member]	Preferred Shares	Common Shares	Additional Capital	Earnings Less Than Distributions	Accumulated Other Comprehensive Income (Loss)	Non-controlling Interests	Non-controlling Interests Real Estate Fund [Member]	Non-controlling Interests All Other Except Real Estate Fund [Member]
Beginning balance, shares at Dec. 31, 2009				33,952	181,214
Beginning balance, value at Dec. 31, 2009	$ 6,649,406			$ 823,686	$ 7,218	$ 6,961,007	$ (1,577,591)	$ 28,449	$ 406,637
Net income	392,400						390,910		1,490
Dividends on common shares, value	(354,937)						(354,937)
Dividends on preferred shares, value	(42,100)						(42,100)
Redemption of preferred shares, shares				(1,600)
Redemption of preferred shares, value	(35,600)			$ (39,982)			4,382
Common shares issued:
Upon redemption of Class A units, at redemption value, shares					822
Upon redemption of Class A units, at redemption value, value	62,606				$ 33	62,573
Under employees' share option plan, shares					596
Under employees' share option plan, value	(14,637)				$ 24	10,922	(25,583)
Under dividend reinvestment plan, shares					17
Under dividend reinvestment plan, value	1,232				$ 1	1,231
Limited partners' contributions:
Limited partners' contribution		$ 37,698	$ 188							$ 37,698	$ 188
Conversion Of Series A Preferred Shares To Common Shares, Shares				(3)	5
Conversion of Series A preferred shares to common shares, value	0			$ (177)	$ 0	177
Deferred compensation shares and options, shares					17
Deferred compensation shares and options, value	6,156				$ 1	6,155
Change in unrealized net gain or (loss) on sale of securities available for sale	34,497							34,497
Pro rata share of other comprehensive income of nonconsolidated subsidiaries	(12,080)							(12,080)
Change in value of interest rate caps	0
Adjustment to carry redeemable Class A units at redemption value	(232,099)					(232,099)
Other	(4,955)					(61)	30	(5,594)	670
Ending balance, shares at Sep. 30, 2010				32,349	182,671
Ending balance, value at Sep. 30, 2010	6,487,775			$ 783,527	$ 7,277	6,809,905	(1,604,889)	45,272	446,683
Beginning balance, shares at Dec. 31, 2010				32,340	183,662
Beginning balance, value at Dec. 31, 2010	6,830,405			$ 783,088	$ 7,317	6,932,728	(1,480,876)	73,453	514,695
Net income	595,649						575,006		20,643
Dividends on common shares, value	(381,382)						(381,382)
Dividends on preferred shares, value	(47,905)						(47,905)
Proceeds from the issuance of shares, shares				9,850
Proceeds from the issuance of shares, value	239,037			$ 239,037
Common shares issued:
Upon redemption of Class A units, at redemption value, shares					435
Upon redemption of Class A units, at redemption value, value	38,220				$ 17	38,203
Under employees' share option plan, shares					369
Under employees' share option plan, value	21,221				$ 15	21,603	(397)
Under dividend reinvestment plan, shares					15
Under dividend reinvestment plan, value	1,330				$ 1	1,329
Limited partners' contributions:
Limited partners' contribution		109,241	364							109,241	364
Conversion Of Series A Preferred Shares To Common Shares, Shares				(3)	5
Conversion of Series A preferred shares to common shares, value	0			$ (165)		165
Deferred compensation shares and options, shares					10
Deferred compensation shares and options, value	7,866					7,866
Change in unrealized net gain or (loss) on sale of securities available for sale	(120,334)							(120,334)
Pro rata share of other comprehensive income of nonconsolidated subsidiaries	26,477							26,477
Change in value of interest rate caps	(42,458)							(42,458)
Adjustment to carry redeemable Class A units at redemption value	114,628					114,628
Distributions to Limited Partners		$ (22,713)	$ (15,604)							$ (22,713)	$ (15,604)
Redeemable noncontrolling interests' share of above adjustments	8,957							8,957
Other	(30)			$ (105)		(4,518)	5,149	(5,114)	4,558
Ending balance, shares at Sep. 30, 2011				42,187	184,496
Ending balance, value at Sep. 30, 2011	$ 7,362,969			$ 1,021,855	$ 7,350	$ 7,112,004	$ (1,330,405)	$ (59,019)	$ 611,184

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2011	Sep. 30, 2010
Cash Flows from Operating Activities:
Net income	$ 643,013	$ 425,887
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization (including amortization of deferred financing costs)	414,992	419,638
Equity in income of partially owned entities including Toys R Us	(137,033)	(116,109)
Net (gain) loss on early extinguishment of debt	(83,907)	1,796
Mezzanine loans loss (reversal) and net gain on disposition	(82,744)	6,900
Distributions of income from partially owned entities	75,612	36,829
Net gain on sale of real estate	(51,623)	0
Amortization of below-market leases, net	(49,988)	(49,144)
Straight-lining of rental income	(38,262)	(55,581)
Income from the mark-to-market of J.C. Penney derivative position	27,136	(32,249)
Other non-cash adjustments	20,261	36,058
Unrealized gain on Real Estate Fund assets	(19,209)	0
Net gain on disposition of wholly owned and partially owned assets	(7,975)	(12,759)
Litigation loss accrual and impairment losses	0	15,197
Changes in operating assets and liabilities:
Real Estate Fund Investments	(97,785)	(62,500)
Accounts receivable, net	11,292	(6,468)
Prepaid assets	(68,558)	(45,104)
Other assets	(43,413)	(59,614)
Accounts payable and accrued expenses	32,227	78,153
Other liabilities	22,635	13,791
Net cash provided by operating activities	566,671	594,721
Cash Flows from Investing Activities:
Investments in partially owned entities	(440,865)	(159,053)
Distributions of capital from partially owned entities	274,283	45,613
Proceeds from sales of real estate and related investments	135,762	48,998
Restricted cash	121,463	125,204
Additions to real estate	(109,963)	(98,789)
Proceeds from sales and repayments of mezzanine loans	100,525	109,594
Development costs and construction in progress	(52,816)	(86,871)
Investments in mezzanine loans receivable and other	(44,215)	(75,697)
Fund derivative collateral	(33,850)	0
Return of derivative collateral	28,700	0
Proceeds from sales of marketable securities	19,301	126,015
Proceeds from maturing short-term investments	0	40,000
Acquisitions of real estate and other	0	(10,000)
Proceeds from sales of, and return of investment in, marketable securities	0	(13,917)
Net cash provided by investing activities	(1,675)	51,097
Cash Flows from Financing Activities:
Repayments of borrowings	(2,666,610)	(1,462,652)
Proceeds from borrowings	2,184,167	1,603,359
Dividends paid on common shares	(381,382)	(354,937)
Proceeds from the issuance of Series J preferred shares	239,037	0
Contributions from noncontrolling interests	109,605	39,351
Distributions to noncontrolling interests	(77,330)	(41,055)
Dividends paid on preferred shares	(43,675)	(42,100)
Debt issuance and other costs	(28,614)	(14,942)
Purchase of outstanding preferred units and shares	(28,000)	(48,600)
Proceeds received from exercise of employee share options	22,947	12,192
Repurchase of shares related to stock compensation agreements and related tax withholdings	(747)	(25,659)
Net cash used in financing activities	(670,602)	(335,043)
Net (decrease) increase in cash and cash equivalents	(105,606)	310,775
Cash and cash equivalents at beginning of period	690,789	535,479
Cash and cash equivalents at end of period	585,183	846,254
Supplemental Disclosure of Cash Flow Information:
Cash payments for interest (including capitalized interest of $0 and $875)	388,938	409,953
Cash payments for income taxes	10,299	5,348
Non-Cash Investing and Financing Activities:
Change in unrealized net (loss) gain on securities available-for-sale	(120,334)	34,497
Adjustment to carry redeemable Class A units at redemption value	114,628	(232,099)
Common shares issued upon redemption of Class A units, at redemption value	38,220	62,606
Contribution During Period Of Mezzanine Loans To Joint Ventures	73,750	0
Exchange of real estate	(45,625)	0
Extinguishment of a liability in connection with the acquisition of real estate	0	20,500
Investment in J.C. Penney, Inc.	0	271,372
Decrease in assets and liabilities resulting from deconsolidation of discontinued operations:
Assets related to discontinued operations	(145,333)	0
Liabilities related to discontinued operations	(232,502)	0
Write-off of fully depreciated assets	(58,279)	(50,785)
Toys R Us [Member]
Adjustments to reconcile net income to net cash provided by operating activities:
Equity in income of partially owned entities including Toys R Us	(80,794)	(102,309)
All Equity Method Investees Excluding Toys [Member]
Adjustments to reconcile net income to net cash provided by operating activities:
Equity in income of partially owned entities including Toys R Us	$ (56,239)	$ (13,800)

Consolidated Statements of Cash Flows (Parentheticals) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2011	Sep. 30, 2010
Consolidated Statements Of Cash Flows Parentheticals [Abstract]
Cash paid for capitalized interest	$ 0	$ 875

Organization

9 Months Ended

Sep. 30, 2011

Organization [Abstract]

Organization [Text Block]

1. Organization

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 is 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 93.3% of the common limited partnership interest in the Operating Partnership at September 30, 2011. All references to “we,” “us,” “our,” the “Company” and “Vornado” refer to Vornado Realty Trust and its consolidated subsidiaries, including the Operating Partnership.

Basis of Presentation

9 Months Ended

Sep. 30, 2011

Basis Of Presentation [Abstract]

Basis of Presentation [Text Block]

2. Basis of Presentation

The accompanying consolidated financial statements are unaudited and include the accounts of Vornado, and the Operating Partnership and its consolidated partially owned entities. All intercompany amounts have been eliminated. In our opinion, all adjustments (which include only normal recurring adjustments) necessary to present fairly the financial position, results of operations and changes in cash flows have been made. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) have been condensed or omitted. These condensed consolidated financial statements have been prepared in accordance with the instructions to Form 10-Q of the Securities and Exchange Commission (the “SEC”) and should be read in conjunction with the consolidated financial statements and notes thereto included in our Annual Report on Form 10-K, as amended, for the year ended December 31, 2010, as filed with the SEC.

We have made estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates. The results of operations for the three and nine months ended September 30, 2011 are not necessarily indicative of the operating results for the full year.

Recently Issued Accounting Literature

9 Months Ended

Sep. 30, 2011

Recently Issued Accounting Literature

Recently Issued Accounting Literature

3. Recently Issued Accounting Literature

In June 2011, the Financial Accounting Standards Board (“FASB”) issued an update to Accounting Standards Codification (“ASC”) 220, Comprehensive Income, which requires, among other things, presentation of the components of net income and other comprehensive income in one continuous statement or in two separate but consecutive statements. This update is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2011. We believe that the adoption of this guidance on January 1, 2012 will not have a material effect on our consolidated financial statements.

Vornado Capital Partners. L.P. and Vornado Capital Partners Parallel, L.P. (the "Fund")

9 Months Ended

Sep. 30, 2011

Vornado Capital Partners, L.P. and Vornado Capital Partners Parallel, L.P. (the "Fund") [Abstract]

Vornado Capital Partners L.P. and Vornado Capital Partners Parallel, L.P. (the "Fund")

4. Vornado Capital Partners, L.P. and Vornado Capital Partners Parallel, L.P. (the “Fund”)

We are the general partner and investment manager of an $800,000,000 real estate investment Fund, to which we have committed $200,000,000. The Fund has a term of eight years and is our exclusive investment vehicle during its three-year investment period, which concludes in July 2013, for all investments that fit within the Fund's investment parameters, as defined. The Fund is accounted for under the AICPA Audit and Accounting Guide for Investment Companies 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.

From inception through September 30, 2011, the Fund received aggregate capital contributions from partners of $256,100,000, including $64,031,000 from us, and as of September 30, 2011, has five investments with an aggregate fair value of approximately $261,417,000. Below is a summary of income (loss) from the Fund for the three and nine months ended September 30, 2011 and 2010.

		For the Three Months				For the Nine Months
(Amounts in thousands)		Ended September 30,				Ended September 30,
		2011		2010		2011		2010
Operating (loss) income		$	(286)	$	(1,410)	$	3,197	$	(1,410)
Net realized gains			-		-		3,085		-
Net unrealized gains			5,639		-		19,209		-
Income (loss) from Real Estate Fund			5,353		(1,410)		25,491		(1,410)
Less:
	(Income) loss attributable to noncontrolling interests		(3,675)		1,091		(15,703)		1,091
Income (loss) from Real Estate Fund attributable to Vornado ⁽¹⁾		$	1,678	$	(319)	$	9,788	$	(319)

___________________________________
___________________________________
(1)	Excludes $378 and $1,803 of management, leasing and development fees in the three and nine months ended September 30, 2011, respectively, which are included as a component of "fee and other income" on our consolidated statements of income.

One Park Avenue

On March 1, 2011, we as a co-investor, together with the Fund, acquired a 95% interest in One Park Avenue, a 932,000 square foot office building located between 32nd and 33rd Streets in New York, for $374,000,000. The purchase price consisted of $137,000,000 in cash and 95% of a new $250,000,000 five-year mortgage that bears interest at 5.0%. The Fund accounts for its 64.7% interest in the property at fair value in accordance with the AICPA Audit and Accounting Guide for Investment Companies. We account for our directly owned 30.3% equity interest under the equity method of accounting.

Marketable Securities and Derivative Instruments

9 Months Ended

Sep. 30, 2011

Marketable Securities and Derivative Instruments [Abstract]

Derivative Instrument and Marketable Securities

5. Marketable Securities and Derivative Instruments

Marketable Securities

Our portfolio of marketable securities is comprised of debt and equity securities that are classified as available for sale. Available for sale securities are presented on our consolidated balance sheets at fair value. Gains and losses resulting from the mark-to-market of these securities are included in “other comprehensive (loss) income.” Gains and losses are recognized in earnings only upon the sale of the securities and are recorded based on the weighted average cost of such securities.

In the nine months ended September 30, 2011 and 2010, we sold certain marketable securities for aggregate proceeds of $19,301,000 and $155,118,000, resulting in net gains of $2,139,000 and $8,960,000, respectively, of which $0 and $5,052,000 was recognized in the three months ended September 30, 2011 and 2010, respectively.

5. Marketable Securities and Derivative Instruments- continued

Marketable Securities-continued

Below is a summary of our marketable securities portfolio as of September 30, 2011 and December 31, 2010.

		As of September 30, 2011							As of December 31, 2010
					GAAP		Unrealized					GAAP		Unrealized
		Maturity	Fair Value		Cost		(Loss) Gain		Maturity	Fair Value		Cost		Gain
Equity securities:
	J.C. Penney	n/a	$	497,680	$	590,366	$	(92,686)	n/a	$	600,600	$	590,366	$	10,234
	Other	n/a		26,769		13,561		13,208	n/a		47,248		26,481		20,767
Debt securities		04/13 - 10/18		106,912		102,679		4,233	08/11 - 10/18		118,268		104,180		14,088
			$	631,361	$	706,606	$	(75,245)		$	766,116	$	721,027	$	45,089

Investment in J.C. Penney Company, Inc. (“J.C. Penney”) (NYSE: JCP)

We own an economic interest in 23,400,000 J.C. Penney common shares, or 10.9% of J.C. Penney's outstanding common shares. Below are the details of our investment.

We own 18,584,010 common shares at an average economic cost of $25.71 per share or $477,829,000 in the aggregate. As of September 30, 2011, these shares have an aggregate fair value of $497,680,000, based on J.C. Penney's closing share price of $26.78 per share at September 30, 2011. Of these shares, 15,500,000 were acquired through the exercise of a call option that was acquired on September 28, 2010 and settled on November 9, 2010. During the period in which the call option was outstanding and classified as a derivative instrument, we recognized $112,537,000 of income. Upon exercise of the call option, the GAAP basis of the 18,584,010 common shares we own increased to $31.77 per share, or $590,366,000 in the aggregate. These shares are included in marketable equity securities on our consolidated balance sheet and are classified as “available for sale.” During the nine months ended September 30, 2011, we recognized a $102,920,000 loss from the mark-to-market of these shares, which is included in “other comprehensive (loss) income,” based on the difference between the carrying amount of these shares of $600,600,000 at December 31, 2010 and the fair value of $497,680,000 at September 30, 2011.

We also own an economic interest in 4,815,990 common shares through a forward contract executed on October 7, 2010, at a weighted average strike price of $28.76 per share, or $138,492,000 in the aggregate. The contract may be settled, at our election, in cash or common shares, in whole or in part, at any time prior to October 9, 2012. The counterparty may accelerate settlement, in whole or in part, upon one year's notice to us. The strike price per share increases at an annual rate of LIBOR plus 80 basis points. The contract is a derivative instrument that does not qualify for hedge accounting treatment. Mark-to-market adjustments on the underlying common shares are recognized in “interest and other investment (loss) income, net” on our consolidated statements of income. During the three and nine months ended September 30, 2011, we recognized losses of $37,537,000 and $27,136,000, respectively, from the mark-to-market of the underlying common shares, based on J.C. Penney's closing share price of $26.78 per share at September 30, 2011.

On September 16, 2011, we entered into an agreement with J.C. Penney which enables us to increase our beneficial and/or economic ownership to up to 15.4% of J.C. Penney's outstanding common shares. We have agreed to vote any common shares we hold in excess of 9.9% of J.C. Penney's outstanding common shares in accordance with either the recommendation of the board of directors of J.C. Penney or in direct proportion to the vote of all other public shareholders of J.C. Penney (excluding shares affiliated with Pershing Square Capital Management L.P.).

We review our investment in J.C. Penney on a continuing basis. Depending on various factors, including, without limitation, J.C. Penney's financial position and strategic direction, actions taken by its board, price levels of its common stock, other investment opportunities available to us, market conditions and general economic and industry conditions, we may take such actions with respect to J.C. Penney as we deem appropriate, including (i) purchasing additional common stock or other financial instruments related to J.C. Penney, subject to our agreement with J.C. Penney as described in the preceding paragraph, or (ii) selling some or all of our beneficial or economic holdings, or (iii) engaging in hedging or similar transactions.

Investments in Partially Owned Entities

9 Months Ended

Sep. 30, 2011

Investments in Partially Owned Entities [Abstract]

Investments in Partially Owned Entities

6. Investments in Partially Owned Entities

Toys “R” Us (“Toys”)

As of September 30, 2011, we own 32.7% of Toys. The business of Toys is highly seasonal. Historically, Toys' fourth quarter net income accounts for more than 80% of its fiscal year net income. We account for our investment in Toys under the equity method and record our 32.7% share of Toys net income or loss on a one-quarter lag basis because Toys' fiscal year ends on the Saturday nearest January 31, and our fiscal year ends on December 31. As of September 30, 2011, the carrying amount of our investment in Toys does not differ materially from our share of the equity in the net assets of Toys on a purchase accounting basis.

On May 28, 2010, Toys filed a registration statement, as amended, with the SEC for the offering and sale of its common stock. The offering, if completed, would result in a reduction of our percentage ownership of Toys' equity. The size of the offering and its completion are subject to market and other conditions.

Below is a summary of Toys' latest available financial information on a purchase accounting basis:

(Amounts in thousands)						Balance as of
Balance Sheet:						July 30, 2011		October 30, 2010
	Assets					$	11,778,000	$	12,810,000
	Liabilities						9,969,000		11,317,000
	Toys “R” Us, Inc. equity						1,809,000		1,493,000

		For the Three Months Ended				For the Nine Months Ended
Income Statement:		July 30, 2011		July 31, 2010		July 30, 2011		July 31, 2010
	Total revenues	$	2,648,000	$	2,565,000	$	11,256,000	$	11,030,000
	Net (loss) income attributable to Toys		(36,000)		(16,000)		227,000		292,000

Alexander's, Inc. (“Alexander's”) (NYSE: ALX)

As of September 30, 2011, we own 1,654,068 Alexander's common shares, or approximately 32.4% of Alexander's common equity. We manage, lease and develop Alexander's properties pursuant to the agreements described below which expire in March of each year and are automatically renewable. As of September 30, 2011, Alexander's owed us $43,308,000 in fees under these agreements.

As of September 30, 2011, the fair value of our investment in Alexander's, based on Alexander's September 30, 2011 closing share price of $361.02, was $597,152,000, or $406,875,000 in excess of the carrying amount on our consolidated balance sheet. As of September 30, 2011, the carrying amount of our investment in Alexander's, excluding amounts owed to us, exceeds our share of the equity in the net assets of Alexander's by approximately $59,188,000. The majority of this basis difference resulted from the excess of our purchase price for the Alexander's common stock acquired over the book value of Alexander's net assets. Substantially all of this basis difference was allocated, based on our estimates of the fair values of Alexander's assets and liabilities, to real estate (land and buildings). We are amortizing the basis difference related to the buildings into earnings as additional depreciation expense over their estimated useful lives. This depreciation is not material to our share of equity in Alexander's net income. The basis difference related to the land will be recognized upon disposition of our investment.

Below is a summary of Alexander's latest available financial information:

(Amounts in thousands)						Balance as of
Balance Sheet:						September 30, 2011		December 31, 2010
	Assets					$	1,785,000	$	1,679,000
	Liabilities						1,427,000		1,335,000
	Noncontrolling interests						4,000		3,000
	Stockholders' equity						354,000		341,000

		For the Three Months Ended				For the Nine Months Ended
Income Statement:		September 30, 2011		September 30, 2010		September 30, 2011		September 30, 2010
	Total revenues	$	65,000	$	61,000	$	190,000	$	179,000
	Net income attributable to Alexander’s		20,000		18,000		59,000		49,000

6. Investments in Partially Owned Entities – continued

Lexington Realty Trust (“Lexington”) (NYSE: LXP)

As of September 30, 2011, we own 18,468,969 Lexington common shares, or approximately 11.7% of Lexington's common equity. We account for our investment in Lexington under the equity method because we believe we have the ability to exercise significant influence over Lexington's operating and financial policies, based on, among other factors, our representation on Lexington's Board of Trustees and the level of our ownership in Lexington as compared to other shareholders. We record our pro rata share of Lexington's net income or loss on a one-quarter lag basis because we file our consolidated financial statements on Form 10-K and 10-Q prior to the time that Lexington files its consolidated financial statements.

Based on Lexington's September 30, 2011 closing share price of $6.54, the fair value of our investment in Lexington was $120,787,000, or $59,472,000 in excess of the September 30, 2011 carrying amount on our consolidated balance sheet. As of September 30, 2011, the carrying amount of our investment in Lexington was less than our share of the equity in the net assets of Lexington by approximately $48,861,000. This basis difference resulted primarily from $107,882,000 of non-cash impairment charges recognized during 2008, partially offset by purchase accounting for our acquisition of an additional 8,000,000 common shares of Lexington in October 2008, of which the majority relates to our estimate of the fair values of Lexington's real estate (land and buildings) as compared to the carrying amounts in Lexington's consolidated financial statements. The basis difference related to the buildings is being amortized over their estimated useful lives as an adjustment to our equity in net income or loss of Lexington. This amortization is not material to our share of equity in Lexington's net income or loss. The basis difference attributable to the land will be recognized upon disposition of our investment.

Below is a summary of Lexington's latest available financial information:

(Amounts in thousands)						Balance as of
Balance Sheet:						June 30, 2011		September 30, 2010
	Assets					$	3,240,000	$	3,385,000
	Liabilities						1,910,000		2,115,000
	Noncontrolling interests						60,000		71,000
	Shareholders’ equity						1,270,000		1,199,000

		For the Three Months Ended				For the Nine Months Ended
Income Statement:		June 30, 2011		June 30, 2010		June 30, 2011		June 30, 2010
	Total revenues	$	83,000	$	81,000	$	252,000	$	249,000
	Net (loss) attributable to Lexington		(44,000)		(24,000)		(49,000)		(97,000)

LNR Property LLC (“LNR”)

As of September 30, 2011, we own a 26.2% equity interest in LNR, which we acquired in July 2010. We account for our investment in LNR under the equity method and record our 26.2% share of LNR's net income or loss on a one-quarter lag basis because we file our consolidated financial statements on Form 10-K and 10-Q prior to receiving LNR's consolidated financial statements.

LNR consolidates certain commercial mortgage-backed securities (“CMBS”) and Collateralized Debt Obligation (“CDO”) trusts for which it is the primary beneficiary. The assets of these trusts (primarily commercial mortgage loans), which aggregate approximately $138.5 billion as of June 30, 2011, are the sole source of repayment of the related liabilities, which are non-recourse to LNR and its equity holders, including us. Changes in the fair value of these assets each period are offset by changes in the fair value of the related liabilities through LNR's consolidated income statement. As of September 30, 2011, the carrying amount of our investment in LNR does not materially differ from our share of LNR's equity.

6. Investments in Partially Owned Entities – continued

LNR Property LLC (“LNR”) – continued

Below is a summary of LNR's latest available financial information:

(Amounts in thousands)		Balance as of
Balance Sheet:		June 30, 2011		September 30, 2010
	Assets	$	139,731,000	$	143,266,000
	Liabilities		139,025,000		142,720,000
	Noncontrolling interests		43,000		37,000
	LNR equity		663,000		509,000

		For the Three Months Ended		For the Nine Months Ended
Income Statement:		June 30, 2011		June 30, 2011
	Total revenues	$	73,000	$	156,000
	Net income attributable to LNR		52,000		152,000

280 Park Avenue Joint Venture

On March 16, 2011, we formed a 50/50 joint venture with SL Green Realty Corp (“SL Green”) to own the mezzanine debt of 280 Park Avenue, a 1.2 million square foot office building located between 48th and 49th Streets in Manhattan (the “Property”). We contributed our mezzanine loan with a face amount of $73,750,000, and they contributed their mezzanine loans with a face amount of $326,250,000 to the joint venture. We equalized our interest in the joint venture with SL Green by paying them $111,250,000 in cash and assuming $15,000,000 of their debt. On May 17, 2011, as part of the recapitalization of the Property, the joint venture contributed its debt position for 99% of the common equity of a new joint venture which owns the Property. The new joint venture expects to spend $150,000,000 for re-tenanting and repositioning the Property. We account for our 49.5% equity interest in the Property under the equity method of accounting from the date of recapitalization.

Independence Plaza

On June 17, 2011, a joint venture in which we are a 51% partner invested $55,000,000 in cash (of which we contributed $35,000,000) to acquire a face amount of $150,000,000 of mezzanine loans and a $35,000,000 participation in a senior loan on Independence Plaza, a residential complex comprised of three 39-story buildings in the Tribeca submarket of Manhattan. We share control over major decisions with our joint venture partner. Accordingly, we account for our 51% interest in the joint venture under the equity method of accounting from the date of acquisition.

6. Investments in Partially Owned Entities - continued

Investments in partially owned entities as of September 30, 2011 and December 31, 2010 and income (loss) recognized from these investments for the three and nine months ended September 30, 2011 and 2010 are as follows:

					Percentage			Balance as of
(Amounts in thousands)					Ownership as of			September 30,		December 31,
Investments:					September 30, 2011			2011		2010
Toys							32.7%	$	546,258	$	447,334

Alexander’s							32.4%	$	190,277	$	186,811
Lexington							11.7%		61,315		57,270
LNR							26.2%		156,090		132,973
India real estate ventures							4%-36.5%		101,155		127,193
Partially owned office buildings⁽¹⁾							Various		452,284		181,838
Other equity method investments⁽²⁾							Various		196,205		241,587
								$	1,157,326	$	927,672

			For the Three Months Ended					For the Nine Months Ended
			September 30,					September 30,
Our Share of Net Income (Loss):			2011			2010		2011		2010
Toys – 32.7% share of:
	Equity in net (loss) income before income taxes		$	(26,773)		$	(32,574)	$	104,049	$	93,662
	Income tax benefit (expense)			15,135			27,501		(29,914)		1,914
	Equity in net (loss) income			(11,638)			(5,073)		74,135		95,576
	Interest and other income			2,334			2,516		6,659		6,733
			$	(9,304)		$	(2,557)	$	80,794	$	102,309

Alexander’s – 32.4% share of:
	Equity in net income		$	6,437		$	5,612	$	18,507	$	14,309
	Management, leasing and development fees			2,170			1,945		6,749		6,774
				8,607			7,557		25,256		21,083

Lexington – 11.7% share in 2011 and 13.8% share
	in 2010 of equity in net (loss) income⁽³⁾			(617)			(2,301)		10,209		3,316

LNR – 26.2% share of equity in net income (acquired in
	July 2010)⁽⁴⁾			13,656			-		39,913		-

India real estate ventures – 4% to 36.5% range in our
	share of equity in net (loss) income			(690)			(195)		(692)		2,062

Partially owned office buildings⁽⁵⁾				(6,839)			86		(13,829)		1,864

Other equity method investments				(565)			(7,143)		(4,618)		(14,525)
			$	13,552		$	(1,996)	$	56,239	$	13,800
___________________________________
(1)		Includes interests in 330 Madison Avenue (25%), One Park Avenue (30.3%), 280 Park Avenue (49.5%), 825 Seventh Avenue (50%), Warner Building and 1101 17th Street (55%), Fairfax Square (20%), Rosslyn Plaza (46%) and West 57th Street properties (50%).

(2)		Includes interests in Monmouth Mall, Verde Realty Operating Partnership, 85 10th Avenue Associates and others.

(3)		Includes net gains of $9,760 and $5,998 in the nine months ended September 30, 2011 and 2010, respectively, resulting from Lexington's stock issuances.

(4)		The nine months ended September 30, 2011 includes $6,020 for our share of net gains from asset sales and $8,977 for our share of a tax settlement gain.

(5)		The nine months ended September 30, 2011 includes $9,022 for our share of expense, primarily for straight-line rent reserves and the write-off of tenant improvements in connection with a tenant's bankruptcy at the Warner Building.

6. Investments in Partially Owned Entities – continued

Below is a summary of the debt of our partially owned entities as of September 30, 2011 and December 31, 2010, none of which is recourse to us.

				Interest	100% of
				Rate at	Partially Owned Entities’ Debt at
(Amounts in thousands)				September 30,	September 30,		December 31,
			Maturity	2011	2011		2010
Toys (32.7% interest) (as of July 30, 2011 and October 30, 2010,
respectively):
	Senior unsecured notes (Face value – $950,000)		07/17	10.75%	$	929,773	$	928,045
	Senior unsecured notes (Face value – $725,000)		12/17	8.50%		716,325		715,577
	$700 million secured term loan facility		09/16	6.00%		685,595		689,757
	Senior U.K. real estate facility		04/13	5.02%		573,207		561,559
	$400 million secured term loan facility		05/18	5.25%		396,082		-
	7.875% senior notes (Face value – $400,000)		04/13	9.50%		390,135		386,167
	7.375% senior secured notes (Face value – $350,000)		09/16	7.38%		358,147		350,000
	7.375% senior notes (Face value – $400,000)		10/18	9.99%		347,238		343,528
	Japan bank loans		03/12-02/16	1.85%-2.85%		194,376		180,500
	Spanish real estate facility		02/13	4.51%		183,857		179,511
	$1.85 billion credit facility		08/15	2.91%		173,000		519,810
	Japan borrowings		06/12-06/13	0.98%		108,149		141,360
	Junior U.K. real estate facility		04/13	6.81%-7.84%		99,850		98,266
	French real estate facility		02/13	4.51%		88,696		86,599
	European and Australian asset-based revolving credit facility		03/16	2.89%		32,852		25,767
	8.750% debentures (Face value – $21,600)		09/21	9.17%		21,080		21,054
	7.625% bonds (Face value – $500,000)		n/a	n/a		-		495,943
	Other		Various	Various		170,806		156,853
					$	5,469,168	$	5,880,296

Alexander’s (32.4% interest):
	731 Lexington Avenue mortgage note payable, collateralized by
		the office space	02/14	5.33%	$	342,928	$	351,751
	731 Lexington Avenue mortgage note payable, collateralized by
		the retail space	07/15	4.93%		320,000		320,000
	Rego Park construction loan payable		12/11	1.42%		277,200		277,200
	Kings Plaza Regional Shopping Center mortgage note payable ⁽¹⁾		06/16	2.04%		250,000		151,214
	Rego Park mortgage note payable		03/12	0.75%		78,246		78,246
	Paramus mortgage note payable⁽²⁾		10/11	5.92%		68,000		68,000
					$	1,336,374	$	1,246,411

Lexington (11.7% interest) (as of June 30, 2011 and
September 30, 2010, respectively):
	Mortgage loans collateralized by Lexington’s real estate		2011-2037	5.80%	$	1,728,515	$	1,927,729

LNR (26.2% interest) (as of June 30, 2011 and
September 30, 2010):
	Mortgage notes payable		2011-2043	4.75%	$	331,411	$	508,547
	Liabilities of consolidated CMBS and CDO trusts		n/a	5.30%		138,541,030		142,001,333
					$	138,872,441	$	142,509,880


(1)		On June 10, 2011, Alexander's completed a $250,000 refinancing of this loan. The five-year interest only loan is at LIBOR plus 1.70%.
(2)		On October 5, 2011, this loan, which was scheduled to mature in October 2011, was refinanced for the same amount. The new seven-year interest only loan has a fixed rate of 2.90%.

6. Investments in Partially Owned Entities - continued

				Interest	100% of
				Rate at	Partially Owned Entities’ Debt at
(Amounts in thousands)				September 30,	September 30,		December 31,
			Maturity	2011	2011		2010
Partially owned office buildings:
	280 Park Avenue (49.5% interest) mortgage notes payable
		(Face value - $740,000 at 6.37%)	06/16	3.93%	$	818,564	$	n/a
	One Park Avenue (30.3% interest) mortgage note payable		03/16	5.00%		250,000		n/a
	Warner Building (55% interest) mortgage note payable		05/16	6.26%		292,700		292,700
	330 Madison Avenue (25% interest) mortgage note payable		06/15	1.77%		150,000		150,000
	Kaempfer Properties (2.5% and 5.0% interests in two partnerships)
		mortgage notes payable, collateralized by the partnerships’ real estate	11/11-12/11	5.86%		137,460		139,337
	Fairfax Square (20% interest) mortgage note payable		12/14	7.00%		71,176		71,764
	Rosslyn Plaza (46% interest) mortgage note payable		12/11	1.22%		56,680		56,680
	330 West 34th Street (34.8% interest) mortgage note payable,
		collateralized by land	07/22	5.71%		50,150		50,150
	West 57th Street (50% interest) mortgage note payable		02/14	4.94%		22,060		22,922
	825 Seventh Avenue (50% interest) mortgage note payable		10/14	8.07%		20,205		20,565

India Real Estate Ventures:
	TCG Urban Infrastructure Holdings (25% interest) mortgage notes
		payable, collateralized by the entity’s real estate	2011-2022	11.81%		238,957		196,319

Other:
	Verde Realty Operating Partnership (8.3% interest) mortgage notes
		payable, collateralized by the partnerships’ real estate	2013-2025	6.18%		353,346		581,086
	Green Courte Real Estate Partners, LLC (8.3% interest) (as of
		June 30, 2011 and September 30, 2010), mortgage notes
		payable, collateralized by the partnerships’ real estate	2011-2018	5.57%		294,292		296,991
	Monmouth Mall (50% interest) mortgage note payable		02/14-09/15	5.35%		171,755		164,474
	Wells/Kinzie Garage (50% interest) mortgage note payable		12/17	5.00%		14,856		15,022
	Orleans Hubbard Garage (50% interest) mortgage note payable		12/17	5.00%		9,403		9,508
	Waterfront Station (2.5% interest)		n/a	n/a		-		217,106
	Other		Various	4.61%		663,162		418,339

Based on our ownership interest in the partially owned entities above, our pro rata share of the debt of these partially owned entities was $39,802,179,000 and $40,443,346,000 as of September 30, 2011 and December 31, 2010, respectively. Excluding our pro rata share of LNR's liabilities related to consolidated CMBS and CDO trusts which are non-recourse to LNR and its equity holders, including us, our pro rata share of partially owned entities debt is $3,540,451,000 and $3,275,917,000 at September 30, 2011 and December 31, 2010, respectively.

- Definition

The entire disclosure for equity investment, or group of investments, for which combined disclosure is appropriate, including: (a) the name of each investee and percentage of ownership of common stock, (b) accounting policies for investments in common stock, (c) difference between the amount at which the investment is carried and the amount of underlying equity in net assets and the accounting treatment of the difference, (d) the total fair value of each identified investment for which a market value is available, (e) summarized information as to assets, liabilities, and results of operations of the investees (for investments in unconsolidated subsidiaries, common stock of joint ventures, or other investments using the equity method), and (f) material effects of possible conversions, exercises, or contingent issuances of the investee. Other disclosures include (a) the names of any investee in which the investor owns 20 percent or more of the voting stock and investment is not accounted for using the equity method, and the reasons why not, and (b) the names of any investee in which the investor owns less than 20 percent of the voting stock and the investment is accounted for using the equity method, and the reasons why it is.

+ References + Details

Mezzanine Loans Receivable

9 Months Ended

Sep. 30, 2011

Mezzanine Loans Receivable [Abstract]

Mezzanine Loans Receivable

7. Mezzanine Loans Receivable

On March 2, 2011, we sold our mezzanine loan in the Tharaldson Lodging Companies for $70,848,000 in cash, which had a carrying amount of $60,416,000 and recognized a net gain of $10,474,000. The gain is included as a component of “interest and other investment income, net” on our consolidated statement of income.

In the first quarter of 2011, we recognized $72,270,000 of income, representing the difference between the fair value of our 280 Park Avenue Mezzanine Loan of $73,750,000, and its carrying amount of $1,480,000. The $72,270,000 of income, which is included in “interest and other investment income, net” on our consolidated statement of income, is comprised of $63,145,000 from the reversal of the loan loss reserve and $9,125,000 of previously unrecognized interest income. Our decision to reverse the loan loss reserve was based on the increase in value of the underlying collateral. On March 16, 2011, we contributed this mezzanine loan to a 50/50 joint venture with SL Green (see Note 6 – Investments in Partially Owned Entities).

7. Mezzanine Loans Receivable - continued

As of September 30, 2011 and December 31, 2010, the carrying amount of mezzanine loans receivable was $156,365,000 and $202,412,000, respectively, net of allowances of $0 and $73,216,000, respectively. These loans have a weighted average interest rate of 5.57% and maturities ranging from November 2011 to August 2015.

Discontinued Operations

9 Months Ended

Sep. 30, 2011

Discontinued Operations [Abstract]

Discontinued Operations

8. Discontinued Operations

On March 31, 2011, the receiver completed the disposition of the High Point Complex in North Carolina. In connection therewith, the property and related debt were removed from our consolidated balance sheet and we recognized a net gain of $83,907,000 on the extinguishment of debt.

During 2011, we sold 1140 Connecticut Avenue and 1227 25th Street for $127,000,000 in cash, which resulted in a $45,862,000 net gain, and three retail properties in separate transactions for an aggregate of $40,990,000 in cash, which resulted in net gains aggregating $5,761,000.

In the third quarter of 2011, we reclassified the assets and liabilities and the combined results of operations of 350 West Mart Center, a 1.2 million square feet office building in Chicago, Illinois which is a part of our Merchandise Mart Properties segment and four retail properties, as “discontinued operations.”

The tables below set forth the assets and liabilities related to discontinued operations at September 30, 2011 and December 31, 2010, and their combined results of operations for the three and nine months ended September 30, 2011 and 2010.

		Assets Related to				Liabilities Related to
(Amounts in thousands)		Discontinued Operations as of				Discontinued Operations as of
		September 30,		December 31,		September 30,		December 31,
		2011		2010		2011		2010
350 West Mart Center		$	170,333	$	162,984	$	1,128	$	-
Retail properties			83,019		121,837		7,826		11,730
High Point			-		154,563		-		236,974
1227 25th Street			-		43,630		-		-
1140 Connecticut Avenue			-		36,271		-		18,948
Total		$	253,352	$	519,285	$	8,954	$	267,652


		For the Three Months				For the Nine Months
(Amounts in thousands)		Ended September 30,				Ended September 30,
		2011		2010		2011		2010
Total revenues		$	9,744	$	20,163	$	36,486	$	61,883
Total expenses			6,061		18,830		25,723		58,508
			3,683		1,333		10,763		3,375
Net gain on extinguishment of High Point debt			-		-		83,907		-
Net gain on sale of 1140 Connecticut Avenue
	and 1227 25th Street		-		-		45,862		-
Net gain on sales of other real estate			-		-		5,761		-
Litigation loss accrual and impairment loss			-		(5,000)		-		(15,056)
Income (loss) from discontinued operations		$	3,683	$	(3,667)	$	146,293	$	(11,681)

- Definition

The entire disclosure for the facts and circumstances leading to the completed or expected disposal, manner and timing of disposal, the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the segment in which the disposal group was reported, and the classification (whether sold or classified as held for sale) and carrying value of the assets and liabilities comprising the disposal group. Includes all disposal groups, including those classified as components of the entity (discontinued operations).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 144
-Paragraph 43-48
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6391110&loc=d3e2941-110230

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1361-107760

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1510-107760

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 45
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=6892542&loc=d3e1020-107759

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 45
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6892542&loc=d3e1012-107759

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 45
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6892542&loc=d3e957-107759

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1474-107760

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 45
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=6390789&loc=d3e2443-110228

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1436-107760

+ Details

Identified Intangible Assets and Liabilities

9 Months Ended

Sep. 30, 2011

Identified Intangible Assets and Liabilities [Abstract]

Identified Intangible Assets and Intangible Liabilities

9. Identified Intangible Assets and Liabilities

The following summarizes our identified intangible assets (primarily acquired above-market leases) and liabilities (primarily acquired below-market leases) as of September 30, 2011 and December 31, 2010.

	Balance as of
	September 30,		December 31,
(Amounts in thousands)	2011		2010
Identified intangible assets:
Gross amount	$	690,996	$	681,270
Accumulated amortization		(356,118)		(335,113)
Net	$	334,878	$	346,157
Identified intangible liabilities (included in deferred credit):
Gross amount	$	861,696	$	856,689
Accumulated amortization		(380,198)		(335,317)
Net	$	481,498	$	521,372

Amortization of acquired below-market leases, net of acquired above-market leases, resulted in an increase to rental income of $16,100,000 and $16,756,000 for the three months ended September 30, 2011 and 2010, respectively, and $49,387,000 and $48,476,000 for the nine months ended September 30, 2011 and 2010, respectively. Estimated annual amortization of acquired below-market leases, net of acquired above-market leases, for each of the five succeeding years commencing January 1, 2012 is as follows:

(Amounts in thousands)
2012	$	51,092
2013		43,174
2014		37,419
2015		34,673
2016		31,281

Amortization of all other identified intangible assets (a component of depreciation and amortization expense) was $16,059,000 and $15,032,000 for the three months ended September 30, 2011 and 2010, respectively, and $43,782,000 and $45,317,000 for the nine months ended September 30, 2011 and 2010, respectively. Estimated annual amortization of all other identified intangible assets including acquired in-place leases, customer relationships, and third party contracts for each of the five succeeding years commencing January 1, 2012 is as follows:

(Amounts in thousands)
2012	$	47,168
2013		39,703
2014		21,398
2015		16,471
2016		13,924

We are a tenant under ground leases for certain properties. Amortization of these acquired below-market leases, net of above-market leases resulted in an increase to rent expense of $344,000 and $539,000 for the three months ended September 30, 2011 and 2010, respectively, and $1,033,000 and $1,618,000 for the nine months ended September 30, 2011 and 2010, respectively. Estimated annual amortization of these below-market leases, net of above-market leases, for each of the five succeeding years commencing January 1, 2012 is as follows:

(Amounts in thousands)
2012	$	1,377
2013		1,377
2014		1,377
2015		1,377
2016		1,377

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

+ References + Details

Debt

9 Months Ended

Sep. 30, 2011

Debt Disclosure [Abstract]

Debt

10. Debt

The following is a summary of our debt:

				Interest
(Amounts in thousands)				Rate at	Balance at
				September 30,	September 30,		December 31,
Notes and mortgages payable:			Maturity (1)	2011	2011		2010
Fixed rate:
	New York Office:
		350 Park Avenue	01/12	5.48%	$	430,000	$	430,000
		Two Penn Plaza ⁽²⁾	03/18	5.13%		425,000		277,347
		1290 Avenue of the Americas	01/13	5.97%		415,934		424,136
		770 Broadway	03/16	5.65%		353,000		353,000
		888 Seventh Avenue	01/16	5.71%		318,554		318,554
		909 Third Avenue	04/15	5.64%		204,203		207,045
		Eleven Penn Plaza	12/11	5.20%		196,253		199,320

	Washington, DC Office:
		Skyline Place	02/17	5.74%		678,000		678,000
		River House Apartments	04/15	5.43%		195,546		195,546
		2121 Crystal Drive ⁽³⁾	03/23	5.51%		150,000		-
		Bowen Building	06/16	6.14%		115,022		115,022
		1215 Clark Street, 200 12th Street and 251 18th Street	01/25	7.09%		109,067		110,931
		West End 25 ⁽⁴⁾	06/21	4.88%		101,671		-
		Universal Buildings	04/14	6.42%		99,456		103,049
		Reston Executive I, II, and III	01/13	5.57%		93,000		93,000
		2011 Crystal Drive	08/17	7.30%		80,711		81,362
		1550 and 1750 Crystal Drive	11/14	7.08%		77,292		79,411
		220 20th Street ⁽⁵⁾	02/18	4.61%		75,323		-
		1235 Clark Street	07/12	6.75%		51,569		52,314
		2231 Crystal Drive	08/13	7.08%		44,422		46,358
		1750 Pennsylvania Avenue	06/12	7.26%		44,538		45,132
		1225 Clark Street	08/13	7.08%		26,571		27,616
		1800, 1851 and 1901 South Bell Street	12/11	6.91%		2,610		10,099

	Retail:
		Cross-collateralized mortgages on 40 strip shopping centers	09/20	4.20%		588,377		597,138
		Montehiedra Town Center	07/16	6.04%		120,000		120,000
		Broadway Mall	07/13	5.30%		88,383		90,227
		828-850 Madison Avenue Condominium	06/18	5.29%		80,000		80,000
		North Bergen (Tonnelle Avenue) ⁽⁶⁾	01/18	4.59%		75,000		-
		Las Catalinas Mall	11/13	6.97%		56,488		57,737
		510 5th Avenue	01/16	5.60%		31,850		32,189
		Other	03/12-05/36	5.12%-7.30%		95,962		97,054

	Merchandise Mart:
		Merchandise Mart	12/16	5.57%		550,000		550,000
		Boston Design Center	09/15	5.02%		67,655		68,538
		Washington Design Center	n/a	n/a		-		43,447

	Other:
		555 California Street ⁽⁷⁾	09/21	5.10%		600,000		640,911
		Borgata Land ⁽⁸⁾	02/21	5.14%		60,000		-
		Industrial Warehouses	n/a	n/a		-		24,358
Total fixed rate notes and mortgages payable				5.52%	$	6,701,457	$	6,248,841
___________________
		See notes on page 22.

10. Debt - continued

					Interest
(Amounts in thousands)					Rate at	Balance at
				Spread over	September 30,	September 30,		December 31,
Notes and mortgages payable:			Maturity (1)	LIBOR	2011	2011		2010
Variable rate:
	New York Office:
		Manhattan Mall	02/12	L+55	0.78%	$	232,000	$	232,000
		866 UN Plaza ⁽⁹⁾	05/16	L+125⁽⁹⁾	1.52%		44,978		44,978
	Washington, DC Office:
		2101 L Street	02/13	L+120	1.45%		150,000		150,000
		River House Apartments	04/18	n/a⁽¹⁰⁾	1.53%		64,000		64,000
		2200/2300 Clarendon Boulevard	01/15	L+75	0.98%		54,833		59,278
		1730 M and 1150 17th Street	06/14	L+140	1.72%		43,581		43,581
		West End 25 ⁽⁴⁾	n/a	n/a	n/a		-		95,220
		220 20th Street ⁽⁵⁾	n/a	n/a	n/a		-		83,573
	Retail:
		Green Acres Mall	02/13	L+140	1.73%		325,045		335,000
		Bergen Town Center	03/13	L+150	1.76%		279,044		279,044
		San Jose Strip Center	03/13	L+400	4.25%		113,641		120,863
		Beverly Connection ⁽¹¹⁾	10/11	L+350⁽¹¹⁾	5.00%		100,000		100,000
		4 Union Square South	04/14	L+325	3.52%		75,000		75,000
		Cross-collateralized mortgages on 40 strip
		shopping centers ⁽¹²⁾	09/20	L+136⁽¹²⁾	2.36%		60,000		60,000
		435 Seventh Avenue ⁽¹³⁾	08/14	L+300⁽¹³⁾	5.00%		51,479		51,844
		Other	11/12	L+375	3.97%		20,983		21,862
	Other:
		220 Central Park South⁽¹⁴⁾	10/11	L+235–L+245⁽¹⁴⁾	2.61%		123,750		123,750
		Other	11/11	L+250	2.75%		22,400		66,267
	Total variable rate notes and mortgages payable				2.19%		1,760,734		2,006,260
	Total notes and mortgages payable				4.83%	$	8,462,191	$	8,255,101

Senior unsecured notes:
	Senior unsecured notes due 2015		04/15		4.25%	$	499,421	$	499,296
	Senior unsecured notes due 2039 ⁽¹⁵⁾		10/39		7.88%		460,000		460,000
	Floating rate senior unsecured notes due 2011		n/a		n/a		-		23,250
	Senior unsecured notes due 2011		n/a		n/a		-		100,382
	Total senior unsecured notes				5.99%	$	959,421	$	1,082,928

3.88% exchangeable senior debentures due 2025
	(see page 23)		04/12		5.32%	$	496,139	$	491,000

Convertible senior debentures: (see page 23)
	3.63% due 2026		11/11		5.32%	$	178,696	$	176,499
	2.85% due 2027		04/12		5.45%		10,103		9,914
	Total convertible senior debentures ⁽¹⁶⁾				5.33%	$	188,799	$	186,413

Unsecured revolving credit facilities:
	$1.595 billion unsecured revolving credit facility ⁽¹⁷⁾		09/12	L+55	0.75%	$	300,000	$	669,000
	$1.25 billion unsecured revolving credit facility
		($22,085 reserved for outstanding letters of credit) ⁽¹⁸⁾	06/16	L+135	-		-		205,000
	Total unsecured revolving credit facilities				0.75%	$	300,000	$	874,000
___________________________
	See notes on the following page.

10. Debt - continued

	Notes to preceding tabular information (Amounts in thousands):

	(1)	Represents the extended maturity for certain loans in which we have the unilateral right, ability and intent to extend. In the case of our convertible and exchangeable debt, represents the earliest date holders may require us to repurchase the debentures.

	(2)	On February 11, 2011, we completed a $425,000 refinancing of this property. The seven-year loan bears interest at LIBOR plus 2.00%, which was swapped for the term of the loan to a fixed rate of 5.13%. The loan amortizes based on a 30-year schedule beginning in the fourth year. We retained net proceeds of approximately $139,000, after repaying the existing loan and closing costs.

	(3)	On February 10, 2011, we completed a $150,000 financing of this property. The 12-year fixed rate loan bears interest at 5.51% and amortizes based on a 30-year schedule beginning in the third year. This property was previously unencumbered.

	(4)	In May 2011, we repaid the outstanding balance of the variable-rate construction loan on this property and closed on a $101,671 mortgage at a fixed rate of 4.88%. The loan has a 10-year term and amortizes based on a 30-year schedule beginning in the sixth year.

	(5)	On January 18, 2011, we repaid the outstanding balance of the variable-rate construction loan on this property and closed on a $76,100 mortgage at a fixed rate of 4.61%. The loan has a seven-year term and amortizes based on a 30-year schedule.

	(6)	On January 10, 2011, we completed a $75,000 financing of this property. The seven-year fixed rate loan bears interest at 4.59% and amortizes based on a 25-year schedule beginning in the sixth year. This property was previously unencumbered.

	(7)	On September 1, 2011, we completed a $600,000 refinancing of this property. The 10-year fixed rate loan bears interest at 5.10% and amortizes based on a 30-year schedule beginning in the fourth year.

	(8)	In January 2011, we completed a $60,000 financing of this property. The 10-year fixed rate loan bears interest at 5.14% and amortizes based on a 30-year schedule beginning in the third year.

	(9)	On May 10, 2011, we refinanced this loan for the same amount. The five-year interest only loan is at LIBOR plus 1.25%.

	(10)	This loan bears interest at the Freddie Mac Reference Note Rate plus 1.53%.

	(11)	In October 2011, this loan was refinanced in the same amount for one year, with two one-year extension options. The interest rate on the new loan is at LIBOR plus 4.25% with a LIBOR floor of 0.50%.

	(12)	This loan has a LIBOR floor of 1.00%.

	(13)	This loan has a LIBOR floor of 2.00%.

	(14)	In October 2011, we extended the maturity date of this loan to October 2012, with a provision for a one-year extension option.

	(15)	These notes may be redeemed at our option in whole or in part beginning on October 1, 2014, at a price equal to the principal amount plus accrued interest.

	(16)	The net proceeds from the offering of these debentures were contributed to the Operating Partnership in the form of an inter-company loan and the Operating Partnership fully and unconditionally guaranteed payment of these debentures. There are no restrictions which limit the Operating Partnership from making distributions to Vornado and Vornado has virtually no independent assets or operations outside of the Operating Partnership.

	(17)	We are in the process of renewing this facility and expect to enter into a new $1,250,000 facility that has a four-year term, with a one-year extension option and bears interest on drawn amounts at LIBOR plus 1.25% and has a .25% facility fee (drawn or undrawn), based on our credit ratings.

	(18)	On June 8, 2011, we renewed this facility and increased it to $1,250,000 from $1,000,000. The renewed facility matures in four years, has a one-year extension option and bears interest on drawn amounts at LIBOR plus 1.35% and has a .30% facility fee (drawn or undrawn), based on our credit ratings.

10. Debt – continued

Pursuant to the provisions of Accounting Standards Codification (“ASC”) 470-20, Debt with Conversion and Other Options, below is a summary of required disclosures related to our convertible and exchangeable senior debentures.

			2.85% Convertible				3.63% Convertible				3.88% Exchangeable
(Amounts in thousands, except per share amounts)			Senior Debentures due 2027				Senior Debentures due 2026				Senior Debentures due 2025
			September 30,		December 31,		September 30,		December 31,		September 30,		December 31,
Balance Sheet:			2011		2010		2011		2010		2011		2010
	Principal amount of debt component		$	10,233	$	10,233	$	179,052	$	179,052	$	499,982	$	499,982
	Unamortized discount			(130)		(319)		(356)		(2,553)		(3,843)		(8,982)
	Carrying amount of debt component		$	10,103	$	9,914	$	178,696	$	176,499	$	496,139	$	491,000
	Carrying amount of equity component		$	956	$	956	$	9,604	$	9,604	$	32,301	$	32,301
	Effective interest rate			5.45%		5.45%		5.32%		5.32%		5.32%		5.32%
	Maturity date (period through which
		discount is being amortized)		4/1/12				11/15/11				4/15/12
	Conversion price per share, as adjusted		$	157.18			$	148.46			$	87.17
	Number of shares on which the
		aggregate consideration to be
		delivered upon conversion is
		determined		-⁽¹⁾				-⁽¹⁾				5,736
__________________

(1)		Our convertible senior debentures require that upon conversion, the entire principal amount is to be settled in cash, and at our option, any excess value above the principal amount may be settled in cash or common shares. Based on the September 30, 2011 closing share price of our common shares and the conversion prices in the table above, there was no excess value; accordingly, no common shares would be issued if these securities were settled on this date. The number of common shares on which the aggregate consideration that would be delivered upon conversion is 65 and 1,206 common shares, respectively.

		Three Months Ended				Nine Months Ended
(Amounts in thousands)		September 30,				September 30,
Income Statement:		2011		2010		2011		2010
2.85% Convertible Senior Debentures due 2027:
	Coupon interest	$	74	$	160	$	219	$	480
	Discount amortization – original issue		11		23		33		69
	Discount amortization – ASC 470-20 implementation		52		110		156		325
		$	137	$	293	$	408	$	874

3.63% Convertible Senior Debentures due 2026:
	Coupon interest	$	1,623	$	3,523	$	4,868	$	11,328
	Discount amortization – original issue		202		417		598		1,320
	Discount amortization – ASC 470-20 implementation		540		1,117		1,599		3,533
		$	2,365	$	5,057	$	7,065	$	16,181

3.88% Exchangeable Senior Debentures due 2025:
	Coupon interest	$	4,843	$	4,844	$	14,531	$	14,532
	Discount amortization – original issue		410		389		1,213		1,151
	Discount amortization – ASC 470-20 implementation		1,326		1,258		3,926		3,724
		$	6,579	$	6,491	$	19,670	$	19,407

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

+ References + Details

Redeemable Noncontrolling Interests

9 Months Ended

Sep. 30, 2011

Redeemable Noncontrolling Interests [Abstract]

Redeemable Noncontrolling Interests

11. Redeemable Noncontrolling Interests

Redeemable noncontrolling interests on our consolidated balance sheets represent Operating Partnership units held by third parties and are comprised of Class A units and Series D-10, D-14, D-15 and D-16 (collectively, “Series D”) cumulative redeemable preferred units. Redeemable noncontrolling interests on our consolidated balance sheets are recorded at the greater of their carrying amount or redemption value at the end of each reporting period. Changes in the value from period to period are charged to “additional capital” in our consolidated statements of changes in equity. Below is a table summarizing the activity of redeemable noncontrolling interests.

(Amounts in thousands)
Balance at December 31, 2009	$	1,251,628
Net income		33,487
Distributions		(40,702)
Conversion of Class A units into common shares, at redemption value		(62,606)
Adjustments to carry redeemable Class A units at redemption value		232,099
Redemption of Series D-12 redeemable units		(13,000)
Other, net		16,316
Balance at September 30, 2010	$	1,417,222


Balance at December 31, 2010	$	1,327,974
Net income		47,364
Distributions		(38,393)
Conversion of Class A units into common shares, at redemption value		(38,220)
Adjustments to carry redeemable Class A units at redemption value		(114,628)
Redemption of Series D-11 redeemable units		(28,000)
Other, net		4,623
Balance at September 30, 2011	$	1,160,720

As of September 30, 2011 and December 31, 2010, the aggregate redemption value of redeemable Class A units was $934,720,000 and $1,066,974,000, respectively.

Redeemable noncontrolling interests exclude our Series G-1 through G-4 convertible preferred units and Series D-13 cumulative redeemable preferred units, as they are accounted for as liabilities in accordance with ASC 480, Distinguishing Liabilities and Equity, because of their possible settlement by issuing a variable number of Vornado common shares. Accordingly the fair value of these units is included as a component of “other liabilities” on our consolidated balance sheets and aggregated $55,052,000 and $55,097,000 as of September 30, 2011 and December 31, 2010, respectively.

In 2011, we redeemed 1,400,000 Series D-11 cumulative redeemable preferred units with a par value of $25.00 per unit, for an aggregate of $28,000,000 in cash. In 2010, we redeemed 800,000 Series D-12 cumulative redeemable preferred units with a par value of $25.00 per unit, for an aggregate of $13,000,000 in cash.

Shareholders Equity

9 Months Ended

Sep. 30, 2011

Shareholders' Equity [Abstract]

Stockholders Equity Note Disclosure Text Block

12. Shareholders' Equity

On April 20, 2011, we sold 7,000,000 6.875% Series J Cumulative Redeemable Preferred Shares at a price of $25.00 per share, in an underwritten public offering pursuant to an effective registration statement. On April 21, 2011, the underwriters exercised their option to purchase an additional 1,050,000 shares to cover over-allotments. On May 5, 2011 and August 5, 2011, we sold an additional 800,000 and 1,000,000 shares, respectively, at a price of $25.00 per share. We retained aggregate net proceeds of $239,037,000, after underwriters' discounts and issuance costs and contributed the net proceeds to the Operating Partnership in exchange for 9,850,000 Series J Preferred Units (with economic terms that mirror those of the Series J Preferred Shares). Dividends on the Series J Preferred Shares are cumulative and payable quarterly in arrears. The Series J Preferred Shares are not convertible into, or exchangeable for, any of our properties or securities. On or after five years from the date of issuance (or sooner under limited circumstances), we, at our option, may redeem the Series J Preferred Shares at a redemption price of $25.00 per share, plus accrued and unpaid dividends through the date of redemption. The Series J Preferred Shares have no maturity date and will remain outstanding indefinitely unless redeemed by us.

- Definition

The entire disclosure for shareholders' equity, comprised of portions attributable to the parent entity and noncontrolling interest, if any, including other comprehensive income (as applicable). Including, but not limited to: (1) balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings; (2) accumulated balance for each classification of other comprehensive income and total amount of comprehensive income; (3) amount and nature of changes in separate accounts, including the number of shares authorized and outstanding, number of shares issued upon exercise and conversion, and for other comprehensive income, the adjustments for reclassifications to net income; (4) rights and privileges of each class of stock authorized; (5) basis of treasury stock, if other than cost, and amounts paid and accounting treatment for treasury stock purchased significantly in excess of market; (6) dividends paid or payable per share and in the aggregate for each class of stock for each period presented; (7) dividend restrictions and accumulated preferred dividends in arrears (in aggregate and per share amount); (8) retained earnings appropriations or restrictions, such as dividend restrictions; (9) impact of change in accounting principle, initial adoption of new accounting principle and correction of an error in previously issued financial statements; (10) shares held in trust for Employee Stock Ownership Plan (ESOP); (11) deferred compensation related to issuance of capital stock; (12) note received for issuance of stock; (13) unamortized discount on shares; (14) description, terms, and number of warrants or rights outstanding; (15) shares under subscription and subscription receivables, effective date of new retained earnings after quasi-reorganization and deficit eliminated by quasi-reorganization and, for a period of at least ten years after the effective date, the point in time from which the new retained dates; and (16) retroactive effective of subsequent change in capital structure.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 10
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 3

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Article 4
-Section 08
-Paragraph d

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 43
-Chapter 1
-Section B
-Paragraph 7, 11A
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 129
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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Article 4

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
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Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 29, 30, 31
-Article 5

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 4
-Section E

Reference 10: http://www.xbrl.org/2003/role/presentationRef
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-Name Staff Accounting Bulletin (SAB)
-Number Topic 4
-Section C

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-Name Accounting Standards Codification
-Topic 505
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-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187085-122770

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-URI http://asc.fasb.org/extlink&oid=6521494

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+ Details

Fair Value Measurements

9 Months Ended

Sep. 30, 2011

Fair Value Disclosures [Abstract]

Fair Value Disclosures [Text Block]

13. Fair Value Measurements

ASC 820, Fair Value Measurement and Disclosures defines fair value and establishes a framework for measuring fair value. The objective of fair value is to determine the price that would be received upon the sale of an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (the exit price). ASC 820 establishes a fair value hierarchy that prioritizes observable and unobservable inputs used to measure fair value into three levels: Level 1 – quoted prices (unadjusted) in active markets that are accessible at the measurement date for assets or liabilities; Level 2 – observable prices that are based on inputs not quoted in active markets, but corroborated by market data; and Level 3 – unobservable inputs that are used when little or no market data is available. The fair value hierarchy gives the highest priority to Level 1 inputs and the lowest priority to Level 3 inputs. In determining fair value, we utilize valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs to the extent possible as well as consider counterparty credit risk in our assessment of fair value. Considerable judgment is necessary to interpret Level 2 and 3 inputs in determining the fair value of our financial and non-financial assets and liabilities. Accordingly, our fair value estimates, which are made at the end of each reporting period, may be different than the amounts that may ultimately be realized upon sale or disposition of these assets.

Financial Assets and Liabilities Measured at Fair Value

Financial assets and liabilities that are measured at fair value in our consolidated financial statements consist of (i) marketable securities, (ii) derivative positions in marketable equity securities, (iii) the assets of our deferred compensation plan, which are primarily marketable equity securities and equity investments in limited partnerships, (iv) Real Estate Fund investments, and (v) mandatorily redeemable instruments (Series G-1 through G-4 convertible preferred units and Series D-13 cumulative redeemable preferred units). The tables below aggregate the fair values of financial assets and liabilities by the levels in the fair value hierarchy at September 30, 2011 and December 31, 2010, respectively.

			As of September 30, 2011
(Amounts in thousands)			Total		Level 1		Level 2		Level 3
	Marketable securities		$	631,361	$	631,361	$	-	$	-
	Real Estate Fund investments (75% of which is attributable to
		noncontrolling interests)		261,417		-		-		261,417
	Deferred compensation plan assets (included in other assets)			94,623		40,736		-		53,887
		Total assets	$	987,401	$	672,097	$	-	$	315,304

	Mandatorily redeemable instruments (included in other liabilities)		$	55,052	$	55,052	$	-	$	-

			As of December 31, 2010
(Amounts in thousands)			Total		Level 1		Level 2		Level 3
	Marketable securities		$	766,116	$	766,116	$	-	$	-
	Real Estate Fund investments (75% of which is attributable to
		noncontrolling interests)		144,423		-		-		144,423
	Deferred compensation plan assets (included in other assets)			91,549		43,699		-		47,850
	Derivative positions in marketable equity securities
		(included in other assets)		17,616		-		17,616		-
		Total assets	$	1,019,704	$	809,815	$	17,616	$	192,273

	Mandatorily redeemable instruments (included in other liabilities)		$	55,097	$	55,097	$	-	$	-

13. Fair Value Measurements - continued

Financial Assets and Liabilities Measured at Fair Value - continued

The tables below summarize the changes in the fair value of the Level 3 assets above, by category, for the three and nine months ended September 30, 2011 and 2010.

Real Estate Fund Investments:	For the Three Months				For the Nine Months
	Ended September 30,				Ended September 30,
(Amounts in thousands)	2011		2010		2011		2010
Beginning balance	$	255,795	$	-	$	144,423	$	-
Purchases		-		42,500		123,047		42,500
Sales		-		-		(12,831)		-
Realized and unrealized gains		5,639		-		22,294		-
Other, net		(17)		-		(15,516)		-
Ending balance	$	261,417	$	42,500	$	261,417	$	42,500


Deferred Compensation Plan Assets:	For the Three Months				For the Nine Months
	Ended September 30,				Ended September 30,
(Amounts in thousands)	2011		2010		2011		2010
Beginning balance	$	53,724	$	43,598	$	47,850	$	39,589
Purchases		3,155		9,802		22,259		16,144
Sales		(1,044)		(7,850)		(18,538)		(11,430)
Realized and unrealized (losses) gains		(2,051)		487		2,166		1,637
Other, net		103		-		150		97
Ending balance	$	53,887	$	46,037	$	53,887	$	46,037

Financial Assets and Liabilities not Measured at Fair Value

Financial assets and liabilities that are not measured at fair value in our consolidated financial statements include mezzanine loans receivable and debt. Estimates of the fair values of these instruments are based on our assessments of available market information and valuation methodologies, including discounted cash flow analyses. The table below summarizes the carrying amounts and fair values of these financial instruments as of September 30, 2011 and December 31, 2010.

			As of September 30, 2011				As of December 31, 2010
			Carrying		Fair		Carrying		Fair
(Amounts in thousands)			Amount		Value		Amount		Value
	Mezzanine loans receivable		$	156,365	$	150,226	$	202,412	$	197,581
	Debt:
		Notes and mortgages payable	$	8,462,191	$	8,576,512	$	8,255,101	$	8,446,791
		Senior unsecured notes		959,421		1,011,602		1,082,928		1,119,512
		Exchangeable senior debentures		496,139		514,981		491,000		554,355
		Convertible senior debentures		188,799		189,816		186,413		191,510
		Revolving credit facility debt		300,000		300,000		874,000		874,000
			$	10,406,550	$	10,592,911	$	10,889,442	$	11,186,168

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 133
-Paragraph 44A, 44B
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 15C, 15D
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 15A
-Subparagraph a-d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 15B
-Subparagraph a, b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 3, 10, 14, 15
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 157
-Paragraph 32, 33, 34
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 159
-Paragraph 17-22, 27, 28
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6925170&loc=d3e19207-110258

Reference 9: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 21
-URI http://asc.fasb.org/extlink&oid=6947722&loc=d3e13537-108611

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Reference 11: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 825
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Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
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-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14172-108612

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
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-Topic 820
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-URI http://asc.fasb.org/extlink&oid=6925170&loc=d3e19296-110258

+ Details

Stock-based Compensation

9 Months Ended

Sep. 30, 2011

Stock-based Compensation [Abstract]

Stock-based Compensation

14. Stock-based Compensation

Our Share Option Plan (the “Plan”) provides for grants of incentive and non-qualified stock options, restricted stock, restricted Operating Partnership units and out-performance plan rewards to certain of our employees and officers. We account for all stock-based compensation in accordance ASC 718, Compensation – Stock Compensation. Stock-based compensation expense for the three months ended September 30, 2011 and 2010 consists of stock option awards, restricted stock awards, Operating Partnership unit awards and out-performance plan awards. Stock-based compensation expense was $7,320,000 and $11,210,000 in the three months ended September 30, 2011 and 2010, respectively, and $21,384,000 and $26,167,000 in the nine months ended September 30, 2011 and 2010, respectively.

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 123R
-Paragraph 64, 65, A240
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Statement of Position (SOP)
-Number 93-6
-Paragraph 53
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 14

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 50
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6406099&loc=d3e25284-112666

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
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-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
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-Section 50
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-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5444-113901

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 40
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6418621&loc=d3e17540-113929

+ Details

Fee and Other Income

9 Months Ended

Sep. 30, 2011

Fee and Other Income [Abstract]

Fee and Other Income

15. Fee and Other Income

The following table sets forth the details of our fee and other income:

	For the Three Months				For the Nine Months
(Amounts in thousands)	Ended September 30,				Ended September 30,
	2011		2010		2011		2010
Tenant cleaning fees	$	15,647	$	13,613	$	46,479	$	40,733
Management and leasing fees		4,361		3,555		15,456		16,075
Lease termination fees		4,803		2,301		12,478		10,112
Other income		12,195		12,797		37,826		37,918
	$	37,006	$	32,266	$	112,239	$	104,838

Fee and other income above includes management fee income from Interstate Properties, a related party, of $195,000 and $192,000 for the three months ended September 30, 2011 and 2010, respectively, and $586,000 and $584,000 for the nine months ended September 30, 2011 and 2010, respectively. The above table excludes management fee income from partially owned entities which is included in income from partially owned entities (see Note 6 – Investments in Partially Owned Entities).

Interest and Other Investment (Loss) Income, Net

9 Months Ended

Sep. 30, 2011

Interest and Other Investment (Loss) Income, net [Abstract]

Interest and Other Investment Income (Loss), Net

16. Interest and Other Investment (Loss) Income, Net

The following table sets forth the details of our interest and other investment income:

		For the Three Months				For the Nine Months
(Amounts in thousands)		Ended September 30,				Ended September 30,
		2011		2010		2011		2010
Mezzanine loans loss reversal (accrual) and net gain on disposition		$	-	$	-	$	82,744	$	(6,900)
Dividends and interest on marketable securities			7,605		6,445		22,941		21,068
Interest on mezzanine loans			3,442		2,620		9,169		7,660
Mark-to-market of investments in our deferred compensation plan⁽¹⁾			(5,243)		3,907		1,502		5,684
(Loss) income from the mark-to-market of J.C. Penney derivative position			(37,537)		32,249		(27,136)		32,249
Other, net			1,739		1,875		5,901		5,915
		$	(29,994)	$	47,096	$	95,121	$	65,676
__________________________

(1)	This (loss) income is entirely offset by the revenue/expense resulting from the mark-to-market of the deferred compensation plan liability, which is included in "general and administrative" expense.

- Definition

Tabular disclosure of investment income derived from investments in debt and equity securities consisting of interest income earned from investments in debt securities and on cash and cash equivalents, dividend income from investments in equity securities, and income or expense derived from the amortization of investment related discounts or premiums, respectively. This item does not include realized or unrealized gains or losses on the sale or holding of investments in debt and equity securities required to be included in earnings for the period or for other than temporary losses related to investments in debt and equity securities which are included in realized losses in the period recognized.

+ References + Details

Income Per Share

9 Months Ended

Sep. 30, 2011

Income Per Share [Abstract]

Income Per Share

17. Income Per Share

The following table provides a reconciliation of both net income and the number of common shares used in the computation of (i) basic income per common share - which utilizes the weighted average number of common shares outstanding without regard to dilutive potential common shares, and (ii) diluted income per common share - which includes the weighted average common shares and dilutive share equivalents. Dilutive share equivalents may include our Series A convertible preferred shares, employee stock options, restricted stock and exchangeable senior debentures.

			For the Three Months				For the Nine Months
(Amounts in thousands, except per share amounts)			Ended September 30,				Ended September 30,
			2011		2010		2011		2010
Numerator:
	Income from continuing operations, net of income
		attributable to noncontrolling interests	$	50,314	$	107,919	$	437,576	$	402,591
	Income (loss) from discontinued operations, net of income
		attributable to noncontrolling interests		3,448		(3,667)		137,430		(11,681)
	Net income attributable to Vornado			53,762		104,252		575,006		390,910
	Preferred share dividends			(17,627)		(13,442)		(47,743)		(41,975)
	Discount on preferred share and unit redemptions			5,000		4,382		5,000		4,382
	Net income attributable to common shareholders			41,135		95,192		532,263		353,317
	Earnings allocated to unvested participating securities			(48)		(29)		(199)		(79)
	Numerator for basic income per share			41,087		95,163		532,064		353,238
	Impact of assumed conversions:
		Convertible preferred share dividends		-		-		94		121
	Numerator for diluted income per share		$	41,087	$	95,163	$	532,158	$	353,359

Denominator:
	Denominator for basic income per share –
		weighted average shares		184,398		182,462		184,220		182,014
	Effect of dilutive securities ⁽¹⁾:
		Employee stock options and restricted share awards		1,667		1,706		1,764		1,741
		Convertible preferred shares		-		-		55		71
	Denominator for diluted income per share –
		weighted average shares and assumed conversions		186,065		184,168		186,039		183,826

INCOME PER COMMON SHARE – BASIC:
	Income from continuing operations, net		$	0.20	$	0.54	$	2.14	$	2.00
	Income (loss) from discontinued operations, net			0.02		(0.02)		0.75		(0.06)
	Net income per common share		$	0.22	$	0.52	$	2.89	$	1.94

INCOME PER COMMON SHARE – DILUTED:
	Income from continuing operations, net		$	0.20	$	0.54	$	2.12	$	1.98
	Income (loss) from discontinued operations, net			0.02		(0.02)		0.74		(0.06)
	Net income per common share		$	0.22	$	0.52	$	2.86	$	1.92


(1)		The effect of dilutive securities above excludes anti-dilutive weighted average common share equivalents of 18,857 and 19,837 in the three months ended September 30, 2011 and 2010, respectively, and 18,687 and 19,843 in the nine months ended September 30, 2011 and 2010, respectively.

Cleveland Medical Mart Development Project

9 Months Ended

Sep. 30, 2011

Cleveland Medical Mart Development Project [Abstract]

Cleveland Medical Mart Development Project

18. Cleveland Medical Mart Development Project

During 2010, two of our wholly owned subsidiaries entered into agreements with Cuyahoga County, Ohio (the “County”) to develop and operate the Cleveland Medical Mart and Convention Center (the “Facility”), a 1,000,000 square foot showroom, trade show and conference center in Cleveland's central business district. The County will fund the development of the Facility, using the proceeds it received from the issuance of general obligation bonds and other sources, up to the development budget of $465,000,000 and maintain effective control of the property. During the 17-year development and operating period, our subsidiaries will receive net settled payments of approximately $10,000,000 per year, which are net of its $36,000,000 annual obligation to the County. Our subsidiaries' obligation has been pledged by the County to the bondholders, but is payable by our subsidiaries only to the extent that they first receive at least an equal payment from the County. Our subsidiaries engaged a contractor to construct the Facility pursuant to a guaranteed maximum price contract; although our subsidiaries are ultimately responsible for cost overruns, the contractor is responsible for all costs incurred in excess of its contract and has provided a completion guaranty. Construction of the Facility is expected to be completed in 2013. Upon completion, our subsidiaries are required to fund $11,500,000, primarily for tenant improvements, and they are responsible for operating expenses and are entitled to the net operating income, if any, of the Facility. The County may terminate the operating agreement five years from the completion of development and periodically thereafter, if our subsidiaries fail to achieve certain performance thresholds.

We account for these agreements using criteria set forth in ASC 605-25, Multiple-Element Arrangements, as our subsidiaries are providing development, marketing, leasing, and other property management related services over the 17-year term. We recognize development fees using the percentage of completion method of accounting. In the three and nine months ended September 30, 2011, we recognized $35,135,000 and $108,203,000 of revenue, respectively, which is offset by development costs expensed of $33,419,000 and $101,637,000, respectively.

Commitments and Contingencies

9 Months Ended

Sep. 30, 2011

Commitments and Contingencies [Abstract]

Commitments and Contingencies

19. Commitments and Contingencies

Insurance

We maintain general liability insurance with limits of $300,000,000 per occurrence and all risk property and rental value insurance with limits of $2.0 billion per occurrence, including coverage for terrorist acts, with sub-limits for certain perils such as floods. Our California properties have earthquake insurance with coverage of $180,000,000 per occurrence, subject to a deductible in the amount of 5% of the value of the affected property, up to a $180,000,000 annual aggregate.

Penn Plaza Insurance Company, LLC (“PPIC”), our wholly owned consolidated subsidiary, acts as a re-insurer with respect to all risk property and rental value insurance and a portion of our earthquake insurance coverage, and as a direct insurer for coverage for acts of terrorism, including nuclear, biological, chemical and radiological (“NBCR”) acts, as defined by the Terrorism Risk Insurance Program Reauthorization Act. Coverage for acts of terrorism (excluding NBCR acts) is fully reinsured by third party insurance companies and the Federal government with no exposure to PPIC. Coverage for NBCR losses is up to $2 billion per occurrence, for which PPIC is responsible for a deductible of $3,200,000 and 15% of the balance of a covered loss and the Federal government is responsible for the remaining 85% of a covered loss. We are ultimately responsible for any loss borne by PPIC.

We continue to monitor the state of the insurance market and the scope and costs of coverage for acts of terrorism. However, we cannot anticipate what coverage will be available on commercially reasonable terms in future policy years.

Our debt instruments, consisting of mortgage loans secured by our properties which are non-recourse to us, senior unsecured notes, exchangeable senior debentures, convertible senior debentures and revolving credit agreements contain customary covenants requiring us to maintain insurance. Although we believe that we have adequate insurance coverage for purposes of these agreements, we may not be able to obtain an equivalent amount of coverage at reasonable costs in the future. Further, if lenders insist on greater coverage than we are able to obtain it could adversely affect our ability to finance our properties and expand our portfolio.

19. Commitments and Contingencies – continued

Other Commitments and Contingencies

Our mortgage loans are non-recourse to us. However, in certain cases we have provided guarantees or master leased tenant space. These guarantees and master leases terminate either upon the satisfaction of specified circumstances or repayment of the underlying loans. As of September 30, 2011, the aggregate dollar amount of these guarantees and master leases is approximately $151,959,000.

At September 30, 2011, $22,085,000 of letters of credit were outstanding under one of our revolving credit facilities. Our credit facilities contain financial covenants that require us to maintain minimum interest coverage and maximum debt to market capitalization ratios, and provide for higher interest rates in the event of a decline in our ratings below Baa3/BBB. Our credit facilities also contain customary conditions precedent to borrowing, including representations and warranties, and also contain customary events of default that could give rise to accelerated repayment, including such items as failure to pay interest or principal.

Each of our properties has been subjected to varying degrees of environmental assessment at various times. The environmental assessments did not reveal any material environmental contamination. However, there can be no assurance that the identification of new areas of contamination, changes in the extent or known scope of contamination, the discovery of additional sites, or changes in cleanup requirements would not result in significant costs to us.

As part of the process of obtaining the required approvals to demolish and develop our 220 Central Park South property into a new residential tower, we have committed to fund the estimated project cost of approximately $400,000,000 to $425,000,000. In addition, we expect to fund additional capital to certain of our partially owned entities aggregating approximately $264,000,000.

Litigation

We are from time to time involved in legal actions arising in the ordinary course of business. In our opinion, after consultation with legal counsel, the outcome of such matters, including the matter referred to below, is not expected to have a material adverse effect on our financial position, results of operations or cash flows.

On January 8, 2003, Stop & Shop filed a complaint with the United States District Court for the District of New Jersey (“USDC-NJ”) claiming that we had no right to reallocate and therefore continue to collect the $5,000,000 of annual rent from Stop & Shop pursuant to the Master Agreement and Guaranty, because of the expiration of the East Brunswick, Jersey City, Middletown, Union and Woodbridge leases to which the $5,000,000 of additional rent was previously allocated. Stop & Shop asserted that a prior order of the Bankruptcy Court for the Southern District of New York dated February 6, 2001, as modified on appeal to the District Court for the Southern District of New York on February 13, 2001, froze our right to reallocate which effectively terminated our right to collect the additional rent from Stop & Shop. On March 3, 2003, after we moved to dismiss for lack of jurisdiction, Stop & Shop voluntarily withdrew its complaint. On March 26, 2003, Stop & Shop filed a new complaint in New York State Supreme Court, asserting substantially the same claims as in its USDC-NJ complaint. We removed the action to the United States District Court for the Southern District of New York. In January 2005, that court remanded the action to the New York State Supreme Court. On February 14, 2005, we served an answer in which we asserted a counterclaim seeking a judgment for all the unpaid additional rent accruing through the date of the judgment and a declaration that Stop & Shop will continue to be liable for the additional rent as long as any of the leases subject to the Master Agreement and Guaranty remain in effect. On May 17, 2005, we filed a motion for summary judgment. On July 15, 2005, Stop & Shop opposed our motion and filed a cross-motion for summary judgment. On December 13, 2005, the Court issued its decision denying the motions for summary judgment. Both parties appealed the Court's decision and on December 14, 2006, the Appellate Court division issued a decision affirming the Court's decision. On January 16, 2007, we filed a motion for the reconsideration of one aspect of the Appellate Court's decision which was denied on March 13, 2007. A trial was held in November 2010 and closing arguments were held in March 2011. As of September 30, 2011, we have a $40,733,000 receivable from Stop & Shop, of which $23,105,000 has been reserved. We believe, after consultation with counsel, that the maximum reasonably possible loss is up to the total amount of the receivable of $40,733,000.

- Definition

The entire disclosure for commitments and contingencies.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Interpretation (FIN)
-Number 14
-Paragraph 3
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 5
-Paragraph 9, 10, 11, 12
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
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-Topic 210
-SubTopic 10
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-Name Accounting Standards Codification
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-Name Accounting Standards Codification
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-Section 50
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-Name Accounting Standards Codification
-Topic 440
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6394976&loc=d3e25287-109308

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6449706&loc=d3e16207-108621

+ Details

Segment Information

9 Months Ended

Sep. 30, 2011

Segment Reporting [Abstract]

Segment Information

20. Segment Information

Below is a summary of net income and a reconciliation of net income to EBITDA(1) by segment for the three and nine months ended September 30, 2011 and 2010.


(Amounts in thousands)			For the Three Months Ended September 30, 2011
						New York		Washington, DC				Merchandise
				Total		Office		Office		Retail		Mart		Toys		Other⁽³⁾
Property rentals				$	530,086	$	196,123	$	133,156	$	105,788	$	46,278	$	-	$	48,741
Straight-line rent adjustments					14,963		3,998		6,673		4,696		(1,006)		-		602
Amortization of acquired below-
	market leases, net				16,100		8,153		547		6,268		21		-		1,111
Total rentals					561,149		208,274		140,376		116,752		45,293		-		50,454
Tenant expense reimbursements					94,053		43,025		9,328		36,297		2,972		-		2,431
Cleveland Medical Mart development
	project				35,135		-		-		-		35,135		-		-
Fee and other income:
	Tenant cleaning fees				15,647		24,047		-		-		-		-		(8,400)
	Management and leasing fees				4,361		1,653		2,670		541		45		-		(548)
	Lease termination fees				4,803		3,540		1,002		261		-		-		-
	Other				12,195		5,212		5,232		1,155		988		-		(392)
Total revenues					727,343		285,751		158,608		155,006		84,433		-		43,545
Operating expenses					285,659		129,472		51,791		57,412		30,803		-		16,181
Depreciation and amortization					134,074		47,038		33,885		30,080		10,372		-		12,699
General and administrative					46,452		4,461		6,505		6,721		9,534		-		19,231
Cleveland Medical Mart development
	project				33,419		-		-		-		33,419		-		-
Tenant buy-outs and other acquisition
	related costs				2,288		-		-		1,593		-		-		695
Total expenses					501,892		180,971		92,181		95,806		84,128		-		48,806
Operating income (loss)					225,451		104,780		66,427		59,200		305		-		(5,261)
(Loss) applicable to Toys					(9,304)		-		-		-		-		(9,304)		-
Income (loss) from partially owned
	entities				13,552		(5,136)		(1,356)		889		38		-		19,117
Income from Real Estate Fund					5,353		-		-		-		-		-		5,353
Interest and other investment
	(loss) income, net				(29,994)		146		39		3		17		-		(30,199)
Interest and debt expense					(136,672)		(35,395)		(30,256)		(23,176)		(9,365)		-		(38,480)
Net gain on disposition of wholly
	owned and partially owned assets				1,298		-		-		-		-		-		1,298
Income (loss) before income taxes					69,684		64,395		34,854		36,916		(9,005)		(9,304)		(48,172)
Income tax expense					(7,144)		(678)		(960)		-		(890)		-		(4,616)
Income (loss) from continuing
	operations				62,540		63,717		33,894		36,916		(9,895)		(9,304)		(52,788)
Income from discontinued
	operations				3,683		165		-		818		2,700		-		-
Net income (loss)					66,223		63,882		33,894		37,734		(7,195)		(9,304)		(52,788)
Less:
	Net (income) loss attributable to
		noncontrolling interests in
		consolidated subsidiaries			(5,636)		(2,219)		-		110		-		-		(3,527)
	Net (income) attributable to
		noncontrolling interests in the
		Operating Partnership, including
		unit distributions			(6,825)		-		-		-		-		-		(6,825)
Net income (loss) attributable to
	Vornado				53,762		61,663		33,894		37,844		(7,195)		(9,304)		(63,140)
Interest and debt expense⁽²⁾					197,864		39,526		33,703		24,368		9,523		38,018		52,726
Depreciation and amortization⁽²⁾					193,394		53,936		38,085		30,946		12,230		34,293		23,904
Income tax (benefit) expense⁽²⁾					(7,350)		736		925		-		890		(15,135)		5,234
EBITDA⁽¹⁾				$	437,670	$	155,861	$	106,607	$	93,158	$	15,448	$	47,872	$	18,724


See notes on page 35.

20. Segment Information – continued


(Amounts in thousands)			For the Three Months Ended September 30, 2010
						New York		Washington, DC				Merchandise
				Total		Office		Office		Retail		Mart		Toys		Other⁽³⁾
Property rentals				$	526,776	$	194,815	$	146,439	$	97,625	$	42,774	$	-	$	45,123
Straight-line rent adjustments					15,986		7,573		347		7,441		(457)		-		1,082
Amortization of acquired below-
	market leases, net				16,756		8,936		594		5,820		15		-		1,391
Total rentals					559,518		211,324		147,380		110,886		42,332		-		47,596
Tenant expense reimbursements					95,341		40,387		15,129		35,688		2,784		-		1,353
Fee and other income:
	Tenant cleaning fees				13,613		21,721		-		-		-		-		(8,108)
	Management and leasing fees				3,555		1,428		2,772		214		(2)		-		(857)
	Lease termination fees				2,301		1,220		728		346		7		-		-
	Other				12,797		5,505		5,554		1,016		800		-		(78)
Total revenues					687,125		281,585		171,563		148,150		45,921		-		39,906
Operating expenses					275,077		124,152		58,327		52,309		26,391		-		13,898
Depreciation and amortization					130,599		44,131		36,764		26,329		9,853		-		13,522
General and administrative					55,200		4,504		5,984		8,843		6,010		-		29,859
Tenant buy-outs and other acquisition
	related costs				921		-		-		-		-		-		921
Total expenses					461,797		172,787		101,075		87,481		42,254		-		58,200
Operating income (loss)					225,328		108,798		70,488		60,669		3,667		-		(18,294)
(Loss) applicable to Toys					(2,557)		-		-		-		-		(2,557)		-
(Loss) income from partially owned
	entities				(1,996)		1,705		(1,095)		833		8		-		(3,447)
(Loss) from Real Estate Fund					(1,410)		-		-		-		-		-		(1,410)
Interest and other investment
	income (loss), net				47,096		139		81		(46)		11		-		46,911
Interest and debt expense					(145,561)		(33,293)		(33,367)		(24,199)		(9,556)		-		(45,146)
Net (loss) on extinguishment
	of debt				(724)		-		-		-		-		-		(724)
Net gain on disposition of wholly
	owned and partially owned assets				5,072		-		-		-		-		-		5,072
Income (loss) before income taxes					125,248		77,349		36,107		37,257		(5,870)		(2,557)		(17,038)
Income tax (expense) benefit					(5,449)		(861)		(1,001)		(2)		714		-		(4,299)
Income (loss) from continuing
	operations				119,799		76,488		35,106		37,255		(5,156)		(2,557)		(21,337)
(Loss) income from discontinued
	operations				(3,667)		30		1,410		(3,642)		(1,465)		-		-
Net income (loss)					116,132		76,518		36,516		33,613		(6,621)		(2,557)		(21,337)
Less:
	Net (income) loss attributable to
		noncontrolling interests in
		consolidated subsidiaries			(296)		(2,442)		-		397		-		-		1,749
	Net (income) attributable to
		noncontrolling interests in the
		Operating Partnership, including
		unit distributions			(11,584)		-		-		-		-		-		(11,584)
Net income (loss) attributable to
	Vornado				104,252		74,076		36,516		34,010		(6,621)		(2,557)		(31,172)
Interest and debt expense⁽²⁾					208,294		31,817		34,241		26,395		15,883		40,558		59,400
Depreciation and amortization⁽²⁾					179,148		42,531		41,394		28,024		12,782		30,079		24,338
Income tax (benefit) expense⁽²⁾					(23,013)		861		1,054		2		(714)		(27,501)		3,285
EBITDA⁽¹⁾				$	468,681	$	149,285	$	113,205	$	88,431	$	21,330	$	40,579	$	55,851


See notes on page 35.

20. Segment Information – continued


(Amounts in thousands)			For the Nine Months Ended September 30, 2011
						New York		Washington, DC				Merchandise
				Total		Office		Office		Retail		Mart		Toys		Other⁽³⁾
Property rentals				$	1,604,451	$	586,797	$	413,810	$	316,729	$	154,485	$	-	$	132,630
Straight-line rent adjustments					34,713		15,777		5,962		12,556		(2,059)		-		2,477
Amortization of acquired below-
	market leases, net				49,387		24,549		1,525		19,899		55		-		3,359
Total rentals					1,688,551		627,123		421,297		349,184		152,481		-		138,466
Tenant expense reimbursements					264,857		108,267		27,561		111,519		9,121		-		8,389
Cleveland Medical Mart development
	project				108,203		-		-		-		108,203		-		-
Fee and other income:
	Tenant cleaning fees				46,479		71,156		-		-		-		-		(24,677)
	Management and leasing fees				15,456		5,260		9,629		2,439		348		-		(2,220)
	Lease termination fees				12,478		9,176		3,013		289		-		-		-
	Other				37,826		15,078		15,894		4,241		2,832		-		(219)
Total revenues					2,173,850		836,060		477,394		467,672		272,985		-		119,739
Operating expenses					841,266		367,291		150,375		173,623		99,266		-		50,711
Depreciation and amortization					393,846		138,837		101,634		85,653		29,113		-		38,609
General and administrative					155,566		14,389		19,504		22,034		23,855		-		75,784
Cleveland Medical Mart development
	project				101,637		-		-		-		101,637		-		-
Tenant buy-outs and other acquisition
	related costs				22,455		-		-		16,593		3,040		-		2,822
Total expenses					1,514,770		520,517		271,513		297,903		256,911		-		167,926
Operating income (loss)					659,080		315,543		205,881		169,769		16,074		-		(48,187)
Income applicable to Toys					80,794		-		-		-		-		80,794		-
Income (loss) from partially owned
	entities				56,239		(4,893)		(6,038)		2,131		292		-		64,747
Income from Real Estate Fund					25,491		-		-		-		-		-		25,491
Interest and other investment
	income, net				95,121		466		119		5		35		-		94,496
Interest and debt expense					(408,532)		(103,514)		(89,911)		(69,482)		(28,140)		-		(117,485)
Net gain on disposition of wholly
	owned and partially owned assets				7,975		-		-		-		-		-		7,975
Income (loss) before income taxes					516,168		207,602		110,051		102,423		(11,739)		80,794		27,037
Income tax expense					(19,448)		(1,637)		(2,267)		(5)		(2,211)		-		(13,328)
Income (loss) from continuing
	operations				496,720		205,965		107,784		102,418		(13,950)		80,794		13,709
Income from discontinued operations					146,293		398		46,466		9,217		90,212		-		-
Net income					643,013		206,363		154,250		111,635		76,262		80,794		13,709
Less:
	Net (income) loss attributable to
		noncontrolling interests in
		consolidated subsidiaries			(20,643)		(6,815)		-		196		-		-		(14,024)
	Net (income) attributable to
		noncontrolling interests in the
		Operating Partnership, including
		unit distributions			(47,364)		-		-		-		-		-		(47,364)
Net income (loss) attributable to
	Vornado				575,006		199,548		154,250		111,831		76,262		80,794		(47,679)
Interest and debt expense⁽²⁾					599,668		108,473		100,017		73,000		32,025		121,546		164,607
Depreciation and amortization⁽²⁾					561,738		146,650		118,290		88,322		34,632		101,862		71,982
Income tax expense⁽²⁾					42,135		1,695		2,380		5		2,211		29,914		5,930
EBITDA⁽¹⁾				$	1,778,547	$	456,366	$	374,937	$	273,158	$	145,130	$	334,116	$	194,840


See notes on page 35.

20. Segment Information – continued


(Amounts in thousands)			For the Nine Months Ended September 30, 2010
						New York		Washington, DC				Merchandise
				Total		Office		Office		Retail		Mart		Toys		Other⁽³⁾
Property rentals				$	1,560,473	$	582,090	$	426,217	$	284,808	$	145,206	$	-	$	122,152
Straight-line rent adjustments					53,018		22,642		5,519		21,699		628		-		2,530
Amortization of acquired below-
	market leases, net				48,476		27,312		1,836		14,897		(91)		-		4,522
Total rentals					1,661,967		632,044		433,572		321,404		145,743		-		129,204
Tenant expense reimbursements					271,040		105,968		42,592		107,799		8,876		-		5,805
Fee and other income:
	Tenant cleaning fees				40,733		62,778		-		-		-		-		(22,045)
	Management and leasing fees				16,075		4,278		13,252		759		31		-		(2,245)
	Lease termination fees				10,112		4,245		1,256		4,182		429		-		-
	Other				37,918		14,428		16,452		2,284		3,471		-		1,283
Total revenues					2,037,845		823,741		507,124		436,428		158,550		-		112,002
Operating expenses					802,927		349,934		163,097		159,131		85,915		-		44,850
Depreciation and amortization					393,259		131,911		108,994		80,550		30,111		-		41,693
General and administrative					153,231		13,824		18,079		22,591		20,252		-		78,485
Tenant buy-outs and other acquisition
	related costs				2,851		-		-		-		-		-		2,851
Total expenses					1,352,268		495,669		290,170		262,272		136,278		-		167,879
Operating income (loss)					685,577		328,072		216,954		174,156		22,272		-		(55,877)
Income applicable to Toys					102,309		-		-		-		-		102,309		-
Income (loss) from partially owned
	entities				13,800		4,345		(1,099)		3,353		239		-		6,962
(Loss) from Real Estate Fund					(1,410)		-		-		-		-		-		(1,410)
Interest and other investment
	income, net				65,676		466		130		143		35		-		64,902
Interest and debt expense					(423,354)		(99,026)		(101,592)		(62,047)		(28,383)		-		(132,306)
Net (loss) on extinguishment
	of debt				(1,796)		-		-		-		-		-		(1,796)
Net gain on disposition of wholly
	owned and partially owned assets				12,759		-		-		-		765		-		11,994
Income (loss) before income taxes					453,561		233,857		114,393		115,605		(5,072)		102,309		(107,531)
Income tax (expense) benefit					(15,993)		(1,670)		(1,092)		(37)		118		-		(13,312)
Income (loss) from continuing
	operations				437,568		232,187		113,301		115,568		(4,954)		102,309		(120,843)
(Loss) income from discontinued operations					(11,681)		106		(5,776)		(1,539)		(4,472)		-		-
Net income (loss)					425,887		232,293		107,525		114,029		(9,426)		102,309		(120,843)
Less:
	Net (income) loss attributable to
		noncontrolling interests in
		consolidated subsidiaries			(1,490)		(7,290)		-		895		-		-		4,905
	Net (income) attributable to
		noncontrolling interests in the
		Operating Partnership, including
		unit distributions			(33,487)		-		-		-		-		-		(33,487)
Net income (loss) attributable to
	Vornado				390,910		225,003		107,525		114,924		(9,426)		102,309		(149,425)
Interest and debt expense⁽²⁾					611,993		94,404		104,355		68,275		45,370		123,791		175,798
Depreciation and amortization⁽²⁾					549,400		127,341		120,929		85,335		39,049		99,850		76,896
Income tax expense (benefit)⁽²⁾					13,553		1,670		1,161		37		(59)		(1,914)		12,658
EBITDA⁽¹⁾				$	1,565,856	$	448,418	$	333,970	$	268,571	$	74,934	$	324,036	$	115,927


See notes on the following page.

20. Segment Information - continued

	Notes to preceding tabular information:

(1)	EBITDA represents "Earnings Before Interest, Taxes, Depreciation and Amortization." We consider EBITDA a supplemental measure for making decisions and assessing the unlevered performance of our segments as it relates to the total return on assets as opposed to the levered return on equity. As properties are bought and sold based on a multiple of EBITDA, we utilize this measure to make investment decisions as well as to compare the performance of our assets to that of our peers. EBITDA should not be considered a substitute for net income. EBITDA may not be comparable to similarly titled measures employed by other companies.

(2)	Interest and debt expense, depreciation and amortization and income tax (benefit) expense in the reconciliation of net income (loss) to EBITDA includes our share of these items from partially owned entities.

(3)	The components of other EBITDA are summarized below. The totals for each of the columns below agree to the total EBITDA for the "other" column in the preceding EBITDA by segment reconciliations.

			For the Three Months				For the Nine Months
(Amounts in thousands)			Ended September 30,				Ended September 30,
			2011		2010		2011		2010
Our share of Real Estate Fund:
	Operations		$	743	$	(319)	$	2,550	$	(319)
	Net unrealized gains			1,410		-		4,802		-
	Net realized gains			-		-		771		-
	Carried interest (reversal) accrual			(475)		-		1,665		-
Total				1,678		(319)		9,788		(319)
Alexander's				14,588		13,288		45,577		41,947
LNR (acquired in July 2010)⁽¹⁾				15,769		-		38,569		-
Lexington⁽²⁾				8,424		8,092		37,730		37,375
555 California Street				11,220		11,797		32,608		34,421
Hotel Pennsylvania				9,773		8,080		18,382		14,249
Other investments				10,075		4,004		30,011		22,619
				71,527		44,942		212,665		150,292
Corporate general and administrative expenses⁽³⁾				(21,585)		(20,712)		(62,964)		(60,668)
Investment income and other, net⁽³⁾				12,530		15,808		38,860		41,876
Mezzanine loans loss reversal (accrual) and net gain on disposition				-		-		82,744		(6,900)
(Loss) income from the mark-to-market of J.C. Penney derivative
	position			(37,537)		32,249		(27,136)		32,249
Net gain on sale of condominiums				1,298		-		5,884		3,149
Acquisition related costs				(684)		(921)		(4,398)		(2,851)
Real Estate Fund placement fees				-		(3,207)		(3,451)		(5,937)
Net loss on extinguishment of debt				-		(724)		-		(1,796)
Net income attributable to noncontrolling interests in the Operating
	Partnership, including unit distributions			(6,825)		(11,584)		(47,364)		(33,487)
			$	18,724	$	55,851	$	194,840	$	115,927


(1)		The nine months ended September 30, 2011 includes $6,020 for our share of net gains from asset sales and $8,977 for our share of a tax settlement gain.

(2)		Includes net gains of $9,760 and $5,998 in the nine months ended September 30, 2011 and 2010, respectively, resulting from Lexington's stock issuances.

(3)		The amounts in these captions (for this table only) exclude the mark-to-market of our deferred compensation plan assets and offsetting liability.

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 131
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
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+ Details

Basis Of Presentation (Policy)

9 Months Ended

Sep. 30, 2011

Basis Of Presentation [Abstract]

Basis of Presentation and Recently Issued Accounting Literature Policy [Text Block]

Redeemable Noncontrolling Interests (Policy)

9 Months Ended

Sep. 30, 2011

Redeemable Noncontrolling Interests [Abstract]

Redeemable Noncontrolling Interests Policy [Text Block]

Vornado Capital Partners LP and Vornado Capital Partners Parallel LP (the "Fund") (Tables)

9 Months Ended

Sep. 30, 2011

Vornado Capital Partners, L.P. and Vornado Capital Partners Parallel, L.P. (the "Fund") [Abstract]

Schedule of Income and loss from the fund

		For the Three Months				For the Nine Months
(Amounts in thousands)		Ended September 30,				Ended September 30,
		2011		2010		2011		2010
Operating (loss) income		$	(286)	$	(1,410)	$	3,197	$	(1,410)
Net realized gains			-		-		3,085		-
Net unrealized gains			5,639		-		19,209		-
Income (loss) from Real Estate Fund			5,353		(1,410)		25,491		(1,410)
Less:
	(Income) loss attributable to noncontrolling interests		(3,675)		1,091		(15,703)		1,091
Income (loss) from Real Estate Fund attributable to Vornado ⁽¹⁾		$	1,678	$	(319)	$	9,788	$	(319)

___________________________________
___________________________________
(1)	Excludes $378 and $1,803 of management, leasing and development fees in the three and nine months ended September 30, 2011, respectively, which are included as a component of "fee and other income" on our consolidated statements of income.

Marketable Securities and Derivative Instruments (Tables)

9 Months Ended

Sep. 30, 2011

Marketable Securities and Derivative Instruments Tables [Abstract]

Schedule of Marketable Securities and Derivative Instruments

		As of September 30, 2011							As of December 31, 2010
					GAAP		Unrealized					GAAP		Unrealized
		Maturity	Fair Value		Cost		(Loss) Gain		Maturity	Fair Value		Cost		Gain
Equity securities:
	J.C. Penney	n/a	$	497,680	$	590,366	$	(92,686)	n/a	$	600,600	$	590,366	$	10,234
	Other	n/a		26,769		13,561		13,208	n/a		47,248		26,481		20,767
Debt securities		04/13 - 10/18		106,912		102,679		4,233	08/11 - 10/18		118,268		104,180		14,088
			$	631,361	$	706,606	$	(75,245)		$	766,116	$	721,027	$	45,089

- Definition

Tabular disclosure of investments in certain debt and equity securities (and certain other trading assets) which include all debt and equity securities (other than those equity securities accounted for under the equity or cost methods of accounting) with readily determinable fair values. Other trading assets include assets that are carried on the balance sheet at fair value and held for trading purposes. A debt security represents a creditor relationship with an enterprise that is in the form of a security. Debt securities include, among other items, US Treasury securities, US government securities, municipal securities, corporate bonds, convertible debt, commercial paper, and all securitized debt instruments. An equity security represents an ownership interest in an enterprise or the right to acquire or dispose of an ownership interest in an enterprise at fixed or determinable prices. Equity securities include, among other things, common stock, certain preferred stock, warrant rights, call options, and put options, but do not include convertible debt. An entity may opt to provide the reader with additional narrative text to better understand the nature of investments in debt and equity securities (and other trading assets).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 115
-Paragraph 3, 19, 20, 21, 22, 137
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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-Name Accounting Standards Codification
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Reference 10: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Glossary Equity Security
-URI http://asc.fasb.org/extlink&oid=6511694
-Topic 320

+ Details

Investments in Partially Owned Entities (Tables)

9 Months Ended

Sep. 30, 2011

Schedule Of Equity Method Investments [Line Items]

Equity Method Investments

					Percentage			Balance as of
(Amounts in thousands)					Ownership as of			September 30,		December 31,
Investments:					September 30, 2011			2011		2010
Toys							32.7%	$	546,258	$	447,334

Alexander’s							32.4%	$	190,277	$	186,811
Lexington							11.7%		61,315		57,270
LNR							26.2%		156,090		132,973
India real estate ventures							4%-36.5%		101,155		127,193
Partially owned office buildings⁽¹⁾							Various		452,284		181,838
Other equity method investments⁽²⁾							Various		196,205		241,587
								$	1,157,326	$	927,672

			For the Three Months Ended					For the Nine Months Ended
			September 30,					September 30,
Our Share of Net Income (Loss):			2011			2010		2011		2010
Toys – 32.7% share of:
	Equity in net (loss) income before income taxes		$	(26,773)		$	(32,574)	$	104,049	$	93,662
	Income tax benefit (expense)			15,135			27,501		(29,914)		1,914
	Equity in net (loss) income			(11,638)			(5,073)		74,135		95,576
	Interest and other income			2,334			2,516		6,659		6,733
			$	(9,304)		$	(2,557)	$	80,794	$	102,309

Alexander’s – 32.4% share of:
	Equity in net income		$	6,437		$	5,612	$	18,507	$	14,309
	Management, leasing and development fees			2,170			1,945		6,749		6,774
				8,607			7,557		25,256		21,083

Lexington – 11.7% share in 2011 and 13.8% share
	in 2010 of equity in net (loss) income⁽³⁾			(617)			(2,301)		10,209		3,316

LNR – 26.2% share of equity in net income (acquired in
	July 2010)⁽⁴⁾			13,656			-		39,913		-

India real estate ventures – 4% to 36.5% range in our
	share of equity in net (loss) income			(690)			(195)		(692)		2,062

Partially owned office buildings⁽⁵⁾				(6,839)			86		(13,829)		1,864

Other equity method investments				(565)			(7,143)		(4,618)		(14,525)
			$	13,552		$	(1,996)	$	56,239	$	13,800
___________________________________
(1)		Includes interests in 330 Madison Avenue (25%), One Park Avenue (30.3%), 280 Park Avenue (49.5%), 825 Seventh Avenue (50%), Warner Building and 1101 17th Street (55%), Fairfax Square (20%), Rosslyn Plaza (46%) and West 57th Street properties (50%).

(2)		Includes interests in Monmouth Mall, Verde Realty Operating Partnership, 85 10th Avenue Associates and others.

(3)		Includes net gains of $9,760 and $5,998 in the nine months ended September 30, 2011 and 2010, respectively, resulting from Lexington's stock issuances.

(4)		The nine months ended September 30, 2011 includes $6,020 for our share of net gains from asset sales and $8,977 for our share of a tax settlement gain.

(5)		The nine months ended September 30, 2011 includes $9,022 for our share of expense, primarily for straight-line rent reserves and the write-off of tenant improvements in connection with a tenant's bankruptcy at the Warner Building.

Schedule of debt of partially owned entities

				Interest	100% of
				Rate at	Partially Owned Entities’ Debt at
(Amounts in thousands)				September 30,	September 30,		December 31,
			Maturity	2011	2011		2010
Toys (32.7% interest) (as of July 30, 2011 and October 30, 2010,
respectively):
	Senior unsecured notes (Face value – $950,000)		07/17	10.75%	$	929,773	$	928,045
	Senior unsecured notes (Face value – $725,000)		12/17	8.50%		716,325		715,577
	$700 million secured term loan facility		09/16	6.00%		685,595		689,757
	Senior U.K. real estate facility		04/13	5.02%		573,207		561,559
	$400 million secured term loan facility		05/18	5.25%		396,082		-
	7.875% senior notes (Face value – $400,000)		04/13	9.50%		390,135		386,167
	7.375% senior secured notes (Face value – $350,000)		09/16	7.38%		358,147		350,000
	7.375% senior notes (Face value – $400,000)		10/18	9.99%		347,238		343,528
	Japan bank loans		03/12-02/16	1.85%-2.85%		194,376		180,500
	Spanish real estate facility		02/13	4.51%		183,857		179,511
	$1.85 billion credit facility		08/15	2.91%		173,000		519,810
	Japan borrowings		06/12-06/13	0.98%		108,149		141,360
	Junior U.K. real estate facility		04/13	6.81%-7.84%		99,850		98,266
	French real estate facility		02/13	4.51%		88,696		86,599
	European and Australian asset-based revolving credit facility		03/16	2.89%		32,852		25,767
	8.750% debentures (Face value – $21,600)		09/21	9.17%		21,080		21,054
	7.625% bonds (Face value – $500,000)		n/a	n/a		-		495,943
	Other		Various	Various		170,806		156,853
					$	5,469,168	$	5,880,296

Alexander’s (32.4% interest):
	731 Lexington Avenue mortgage note payable, collateralized by
		the office space	02/14	5.33%	$	342,928	$	351,751
	731 Lexington Avenue mortgage note payable, collateralized by
		the retail space	07/15	4.93%		320,000		320,000
	Rego Park construction loan payable		12/11	1.42%		277,200		277,200
	Kings Plaza Regional Shopping Center mortgage note payable ⁽¹⁾		06/16	2.04%		250,000		151,214
	Rego Park mortgage note payable		03/12	0.75%		78,246		78,246
	Paramus mortgage note payable⁽²⁾		10/11	5.92%		68,000		68,000
					$	1,336,374	$	1,246,411

Lexington (11.7% interest) (as of June 30, 2011 and
September 30, 2010, respectively):
	Mortgage loans collateralized by Lexington’s real estate		2011-2037	5.80%	$	1,728,515	$	1,927,729

LNR (26.2% interest) (as of June 30, 2011 and
September 30, 2010):
	Mortgage notes payable		2011-2043	4.75%	$	331,411	$	508,547
	Liabilities of consolidated CMBS and CDO trusts		n/a	5.30%		138,541,030		142,001,333
					$	138,872,441	$	142,509,880


(1)		On June 10, 2011, Alexander's completed a $250,000 refinancing of this loan. The five-year interest only loan is at LIBOR plus 1.70%.
(2)		On October 5, 2011, this loan, which was scheduled to mature in October 2011, was refinanced for the same amount. The new seven-year interest only loan has a fixed rate of 2.90%.

				Interest	100% of
				Rate at	Partially Owned Entities’ Debt at
(Amounts in thousands)				September 30,	September 30,		December 31,
			Maturity	2011	2011		2010
Partially owned office buildings:
	280 Park Avenue (49.5% interest) mortgage notes payable
		(Face value - $740,000 at 6.37%)	06/16	3.93%	$	818,564	$	n/a
	One Park Avenue (30.3% interest) mortgage note payable		03/16	5.00%		250,000		n/a
	Warner Building (55% interest) mortgage note payable		05/16	6.26%		292,700		292,700
	330 Madison Avenue (25% interest) mortgage note payable		06/15	1.77%		150,000		150,000
	Kaempfer Properties (2.5% and 5.0% interests in two partnerships)
		mortgage notes payable, collateralized by the partnerships’ real estate	11/11-12/11	5.86%		137,460		139,337
	Fairfax Square (20% interest) mortgage note payable		12/14	7.00%		71,176		71,764
	Rosslyn Plaza (46% interest) mortgage note payable		12/11	1.22%		56,680		56,680
	330 West 34th Street (34.8% interest) mortgage note payable,
		collateralized by land	07/22	5.71%		50,150		50,150
	West 57th Street (50% interest) mortgage note payable		02/14	4.94%		22,060		22,922
	825 Seventh Avenue (50% interest) mortgage note payable		10/14	8.07%		20,205		20,565

India Real Estate Ventures:
	TCG Urban Infrastructure Holdings (25% interest) mortgage notes
		payable, collateralized by the entity’s real estate	2011-2022	11.81%		238,957		196,319

Other:
	Verde Realty Operating Partnership (8.3% interest) mortgage notes
		payable, collateralized by the partnerships’ real estate	2013-2025	6.18%		353,346		581,086
	Green Courte Real Estate Partners, LLC (8.3% interest) (as of
		June 30, 2011 and September 30, 2010), mortgage notes
		payable, collateralized by the partnerships’ real estate	2011-2018	5.57%		294,292		296,991
	Monmouth Mall (50% interest) mortgage note payable		02/14-09/15	5.35%		171,755		164,474
	Wells/Kinzie Garage (50% interest) mortgage note payable		12/17	5.00%		14,856		15,022
	Orleans Hubbard Garage (50% interest) mortgage note payable		12/17	5.00%		9,403		9,508
	Waterfront Station (2.5% interest)		n/a	n/a		-		217,106
	Other		Various	4.61%		663,162		418,339

Toys R Us [Member]

Schedule Of Equity Method Investments [Line Items]

Equity Method Investment Summarized Financial Information Table [Text Block]

(Amounts in thousands)						Balance as of
Balance Sheet:						July 30, 2011		October 30, 2010
	Assets					$	11,778,000	$	12,810,000
	Liabilities						9,969,000		11,317,000
	Toys “R” Us, Inc. equity						1,809,000		1,493,000

		For the Three Months Ended				For the Nine Months Ended
Income Statement:		July 30, 2011		July 31, 2010		July 30, 2011		July 31, 2010
	Total revenues	$	2,648,000	$	2,565,000	$	11,256,000	$	11,030,000
	Net (loss) income attributable to Toys		(36,000)		(16,000)		227,000		292,000

Alexanders Inc [Member]

Schedule Of Equity Method Investments [Line Items]

Equity Method Investment Summarized Financial Information Table [Text Block]

(Amounts in thousands)						Balance as of
Balance Sheet:						September 30, 2011		December 31, 2010
	Assets					$	1,785,000	$	1,679,000
	Liabilities						1,427,000		1,335,000
	Noncontrolling interests						4,000		3,000
	Stockholders' equity						354,000		341,000

		For the Three Months Ended				For the Nine Months Ended
Income Statement:		September 30, 2011		September 30, 2010		September 30, 2011		September 30, 2010
	Total revenues	$	65,000	$	61,000	$	190,000	$	179,000
	Net income attributable to Alexander’s		20,000		18,000		59,000		49,000

Lexington Realty Trust [Member]

Schedule Of Equity Method Investments [Line Items]

Equity Method Investment Summarized Financial Information Table [Text Block]

(Amounts in thousands)						Balance as of
Balance Sheet:						June 30, 2011		September 30, 2010
	Assets					$	3,240,000	$	3,385,000
	Liabilities						1,910,000		2,115,000
	Noncontrolling interests						60,000		71,000
	Shareholders’ equity						1,270,000		1,199,000

		For the Three Months Ended				For the Nine Months Ended
Income Statement:		June 30, 2011		June 30, 2010		June 30, 2011		June 30, 2010
	Total revenues	$	83,000	$	81,000	$	252,000	$	249,000
	Net (loss) attributable to Lexington		(44,000)		(24,000)		(49,000)		(97,000)

LNR [Member]

Schedule Of Equity Method Investments [Line Items]

Equity Method Investment Summarized Financial Information Table [Text Block]

(Amounts in thousands)		Balance as of
Balance Sheet:		June 30, 2011		September 30, 2010
	Assets	$	139,731,000	$	143,266,000
	Liabilities		139,025,000		142,720,000
	Noncontrolling interests		43,000		37,000
	LNR equity		663,000		509,000

		For the Three Months Ended		For the Nine Months Ended
Income Statement:		June 30, 2011		June 30, 2011
	Total revenues	$	73,000	$	156,000
	Net income attributable to LNR		52,000		152,000

Discontinued Operations (Tables)

9 Months Ended

Sep. 30, 2011

Discontinued Operations Tables [Abstract]

Schedule Of Assets And Liabilities And Results Of Operations Related To Discontinued Operations

		Assets Related to				Liabilities Related to
(Amounts in thousands)		Discontinued Operations as of				Discontinued Operations as of
		September 30,		December 31,		September 30,		December 31,
		2011		2010		2011		2010
350 West Mart Center		$	170,333	$	162,984	$	1,128	$	-
Retail properties			83,019		121,837		7,826		11,730
High Point			-		154,563		-		236,974
1227 25th Street			-		43,630		-		-
1140 Connecticut Avenue			-		36,271		-		18,948
Total		$	253,352	$	519,285	$	8,954	$	267,652


		For the Three Months				For the Nine Months
(Amounts in thousands)		Ended September 30,				Ended September 30,
		2011		2010		2011		2010
Total revenues		$	9,744	$	20,163	$	36,486	$	61,883
Total expenses			6,061		18,830		25,723		58,508
			3,683		1,333		10,763		3,375
Net gain on extinguishment of High Point debt			-		-		83,907		-
Net gain on sale of 1140 Connecticut Avenue
	and 1227 25th Street		-		-		45,862		-
Net gain on sales of other real estate			-		-		5,761		-
Litigation loss accrual and impairment loss			-		(5,000)		-		(15,056)
Income (loss) from discontinued operations		$	3,683	$	(3,667)	$	146,293	$	(11,681)

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

+ References + Details

Identified Intangible Assets and Intangible Liabilities (Tables)

9 Months Ended

Sep. 30, 2011

Schedule of Identified Intangible Assets and Intangible Liabilities (Table)

	Balance as of
	September 30,		December 31,
(Amounts in thousands)	2011		2010
Identified intangible assets:
Gross amount	$	690,996	$	681,270
Accumulated amortization		(356,118)		(335,113)
Net	$	334,878	$	346,157
Identified intangible liabilities (included in deferred credit):
Gross amount	$	861,696	$	856,689
Accumulated amortization		(380,198)		(335,317)
Net	$	481,498	$	521,372

Below Market Leases Net Of Above Market Leases [Member]

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]

(Amounts in thousands)
2012	$	51,092
2013		43,174
2014		37,419
2015		34,673
2016		31,281

Other Identified Intangible Assets [Member]

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]

(Amounts in thousands)
2012	$	47,168
2013		39,703
2014		21,398
2015		16,471
2016		13,924

Tenant Under Ground Leases [Member]

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]

(Amounts in thousands)
2012	$	1,377
2013		1,377
2014		1,377
2015		1,377
2016		1,377

Debt (Tables)

9 Months Ended

Sep. 30, 2011

Debt Disclosure [Abstract]

Schedule of Debt

				Interest
(Amounts in thousands)				Rate at	Balance at
				September 30,	September 30,		December 31,
Notes and mortgages payable:			Maturity (1)	2011	2011		2010
Fixed rate:
	New York Office:
		350 Park Avenue	01/12	5.48%	$	430,000	$	430,000
		Two Penn Plaza ⁽²⁾	03/18	5.13%		425,000		277,347
		1290 Avenue of the Americas	01/13	5.97%		415,934		424,136
		770 Broadway	03/16	5.65%		353,000		353,000
		888 Seventh Avenue	01/16	5.71%		318,554		318,554
		909 Third Avenue	04/15	5.64%		204,203		207,045
		Eleven Penn Plaza	12/11	5.20%		196,253		199,320

	Washington, DC Office:
		Skyline Place	02/17	5.74%		678,000		678,000
		River House Apartments	04/15	5.43%		195,546		195,546
		2121 Crystal Drive ⁽³⁾	03/23	5.51%		150,000		-
		Bowen Building	06/16	6.14%		115,022		115,022
		1215 Clark Street, 200 12th Street and 251 18th Street	01/25	7.09%		109,067		110,931
		West End 25 ⁽⁴⁾	06/21	4.88%		101,671		-
		Universal Buildings	04/14	6.42%		99,456		103,049
		Reston Executive I, II, and III	01/13	5.57%		93,000		93,000
		2011 Crystal Drive	08/17	7.30%		80,711		81,362
		1550 and 1750 Crystal Drive	11/14	7.08%		77,292		79,411
		220 20th Street ⁽⁵⁾	02/18	4.61%		75,323		-
		1235 Clark Street	07/12	6.75%		51,569		52,314
		2231 Crystal Drive	08/13	7.08%		44,422		46,358
		1750 Pennsylvania Avenue	06/12	7.26%		44,538		45,132
		1225 Clark Street	08/13	7.08%		26,571		27,616
		1800, 1851 and 1901 South Bell Street	12/11	6.91%		2,610		10,099

	Retail:
		Cross-collateralized mortgages on 40 strip shopping centers	09/20	4.20%		588,377		597,138
		Montehiedra Town Center	07/16	6.04%		120,000		120,000
		Broadway Mall	07/13	5.30%		88,383		90,227
		828-850 Madison Avenue Condominium	06/18	5.29%		80,000		80,000
		North Bergen (Tonnelle Avenue) ⁽⁶⁾	01/18	4.59%		75,000		-
		Las Catalinas Mall	11/13	6.97%		56,488		57,737
		510 5th Avenue	01/16	5.60%		31,850		32,189
		Other	03/12-05/36	5.12%-7.30%		95,962		97,054

	Merchandise Mart:
		Merchandise Mart	12/16	5.57%		550,000		550,000
		Boston Design Center	09/15	5.02%		67,655		68,538
		Washington Design Center	n/a	n/a		-		43,447

	Other:
		555 California Street ⁽⁷⁾	09/21	5.10%		600,000		640,911
		Borgata Land ⁽⁸⁾	02/21	5.14%		60,000		-
		Industrial Warehouses	n/a	n/a		-		24,358
Total fixed rate notes and mortgages payable				5.52%	$	6,701,457	$	6,248,841
___________________
		See notes on page 22.

					Interest
(Amounts in thousands)					Rate at	Balance at
				Spread over	September 30,	September 30,		December 31,
Notes and mortgages payable:			Maturity (1)	LIBOR	2011	2011		2010
Variable rate:
	New York Office:
		Manhattan Mall	02/12	L+55	0.78%	$	232,000	$	232,000
		866 UN Plaza ⁽⁹⁾	05/16	L+125⁽⁹⁾	1.52%		44,978		44,978
	Washington, DC Office:
		2101 L Street	02/13	L+120	1.45%		150,000		150,000
		River House Apartments	04/18	n/a⁽¹⁰⁾	1.53%		64,000		64,000
		2200/2300 Clarendon Boulevard	01/15	L+75	0.98%		54,833		59,278
		1730 M and 1150 17th Street	06/14	L+140	1.72%		43,581		43,581
		West End 25 ⁽⁴⁾	n/a	n/a	n/a		-		95,220
		220 20th Street ⁽⁵⁾	n/a	n/a	n/a		-		83,573
	Retail:
		Green Acres Mall	02/13	L+140	1.73%		325,045		335,000
		Bergen Town Center	03/13	L+150	1.76%		279,044		279,044
		San Jose Strip Center	03/13	L+400	4.25%		113,641		120,863
		Beverly Connection ⁽¹¹⁾	10/11	L+350⁽¹¹⁾	5.00%		100,000		100,000
		4 Union Square South	04/14	L+325	3.52%		75,000		75,000
		Cross-collateralized mortgages on 40 strip
		shopping centers ⁽¹²⁾	09/20	L+136⁽¹²⁾	2.36%		60,000		60,000
		435 Seventh Avenue ⁽¹³⁾	08/14	L+300⁽¹³⁾	5.00%		51,479		51,844
		Other	11/12	L+375	3.97%		20,983		21,862
	Other:
		220 Central Park South⁽¹⁴⁾	10/11	L+235–L+245⁽¹⁴⁾	2.61%		123,750		123,750
		Other	11/11	L+250	2.75%		22,400		66,267
	Total variable rate notes and mortgages payable				2.19%		1,760,734		2,006,260
	Total notes and mortgages payable				4.83%	$	8,462,191	$	8,255,101

Senior unsecured notes:
	Senior unsecured notes due 2015		04/15		4.25%	$	499,421	$	499,296
	Senior unsecured notes due 2039 ⁽¹⁵⁾		10/39		7.88%		460,000		460,000
	Floating rate senior unsecured notes due 2011		n/a		n/a		-		23,250
	Senior unsecured notes due 2011		n/a		n/a		-		100,382
	Total senior unsecured notes				5.99%	$	959,421	$	1,082,928

3.88% exchangeable senior debentures due 2025
	(see page 23)		04/12		5.32%	$	496,139	$	491,000

Convertible senior debentures: (see page 23)
	3.63% due 2026		11/11		5.32%	$	178,696	$	176,499
	2.85% due 2027		04/12		5.45%		10,103		9,914
	Total convertible senior debentures ⁽¹⁶⁾				5.33%	$	188,799	$	186,413

Unsecured revolving credit facilities:
	$1.595 billion unsecured revolving credit facility ⁽¹⁷⁾		09/12	L+55	0.75%	$	300,000	$	669,000
	$1.25 billion unsecured revolving credit facility
		($22,085 reserved for outstanding letters of credit) ⁽¹⁸⁾	06/16	L+135	-		-		205,000
	Total unsecured revolving credit facilities				0.75%	$	300,000	$	874,000
___________________________
	See notes on the following page.

	Notes to preceding tabular information (Amounts in thousands):

	(1)	Represents the extended maturity for certain loans in which we have the unilateral right, ability and intent to extend. In the case of our convertible and exchangeable debt, represents the earliest date holders may require us to repurchase the debentures.

	(2)	On February 11, 2011, we completed a $425,000 refinancing of this property. The seven-year loan bears interest at LIBOR plus 2.00%, which was swapped for the term of the loan to a fixed rate of 5.13%. The loan amortizes based on a 30-year schedule beginning in the fourth year. We retained net proceeds of approximately $139,000, after repaying the existing loan and closing costs.

	(3)	On February 10, 2011, we completed a $150,000 financing of this property. The 12-year fixed rate loan bears interest at 5.51% and amortizes based on a 30-year schedule beginning in the third year. This property was previously unencumbered.

	(4)	In May 2011, we repaid the outstanding balance of the variable-rate construction loan on this property and closed on a $101,671 mortgage at a fixed rate of 4.88%. The loan has a 10-year term and amortizes based on a 30-year schedule beginning in the sixth year.

	(5)	On January 18, 2011, we repaid the outstanding balance of the variable-rate construction loan on this property and closed on a $76,100 mortgage at a fixed rate of 4.61%. The loan has a seven-year term and amortizes based on a 30-year schedule.

	(6)	On January 10, 2011, we completed a $75,000 financing of this property. The seven-year fixed rate loan bears interest at 4.59% and amortizes based on a 25-year schedule beginning in the sixth year. This property was previously unencumbered.

	(7)	On September 1, 2011, we completed a $600,000 refinancing of this property. The 10-year fixed rate loan bears interest at 5.10% and amortizes based on a 30-year schedule beginning in the fourth year.

	(8)	In January 2011, we completed a $60,000 financing of this property. The 10-year fixed rate loan bears interest at 5.14% and amortizes based on a 30-year schedule beginning in the third year.

	(9)	On May 10, 2011, we refinanced this loan for the same amount. The five-year interest only loan is at LIBOR plus 1.25%.

	(10)	This loan bears interest at the Freddie Mac Reference Note Rate plus 1.53%.

	(11)	In October 2011, this loan was refinanced in the same amount for one year, with two one-year extension options. The interest rate on the new loan is at LIBOR plus 4.25% with a LIBOR floor of 0.50%.

	(12)	This loan has a LIBOR floor of 1.00%.

	(13)	This loan has a LIBOR floor of 2.00%.

	(14)	In October 2011, we extended the maturity date of this loan to October 2012, with a provision for a one-year extension option.

	(15)	These notes may be redeemed at our option in whole or in part beginning on October 1, 2014, at a price equal to the principal amount plus accrued interest.

	(16)	The net proceeds from the offering of these debentures were contributed to the Operating Partnership in the form of an inter-company loan and the Operating Partnership fully and unconditionally guaranteed payment of these debentures. There are no restrictions which limit the Operating Partnership from making distributions to Vornado and Vornado has virtually no independent assets or operations outside of the Operating Partnership.

	(17)	We are in the process of renewing this facility and expect to enter into a new $1,250,000 facility that has a four-year term, with a one-year extension option and bears interest on drawn amounts at LIBOR plus 1.25% and has a .25% facility fee (drawn or undrawn), based on our credit ratings.

	(18)	On June 8, 2011, we renewed this facility and increased it to $1,250,000 from $1,000,000. The renewed facility matures in four years, has a one-year extension option and bears interest on drawn amounts at LIBOR plus 1.35% and has a .30% facility fee (drawn or undrawn), based on our credit ratings.

Convertible And Exchangeable Senior Debentures, Balance Sheet Schedule

			2.85% Convertible				3.63% Convertible				3.88% Exchangeable
(Amounts in thousands, except per share amounts)			Senior Debentures due 2027				Senior Debentures due 2026				Senior Debentures due 2025
			September 30,		December 31,		September 30,		December 31,		September 30,		December 31,
Balance Sheet:			2011		2010		2011		2010		2011		2010
	Principal amount of debt component		$	10,233	$	10,233	$	179,052	$	179,052	$	499,982	$	499,982
	Unamortized discount			(130)		(319)		(356)		(2,553)		(3,843)		(8,982)
	Carrying amount of debt component		$	10,103	$	9,914	$	178,696	$	176,499	$	496,139	$	491,000
	Carrying amount of equity component		$	956	$	956	$	9,604	$	9,604	$	32,301	$	32,301
	Effective interest rate			5.45%		5.45%		5.32%		5.32%		5.32%		5.32%
	Maturity date (period through which
		discount is being amortized)		4/1/12				11/15/11				4/15/12
	Conversion price per share, as adjusted		$	157.18			$	148.46			$	87.17
	Number of shares on which the
		aggregate consideration to be
		delivered upon conversion is
		determined		-⁽¹⁾				-⁽¹⁾				5,736
__________________

(1)		Our convertible senior debentures require that upon conversion, the entire principal amount is to be settled in cash, and at our option, any excess value above the principal amount may be settled in cash or common shares. Based on the September 30, 2011 closing share price of our common shares and the conversion prices in the table above, there was no excess value; accordingly, no common shares would be issued if these securities were settled on this date. The number of common shares on which the aggregate consideration that would be delivered upon conversion is 65 and 1,206 common shares, respectively.

Disclosures Of Convertible And Exchangeable Senior Debentures Income Statement Schedule

		Three Months Ended				Nine Months Ended
(Amounts in thousands)		September 30,				September 30,
Income Statement:		2011		2010		2011		2010
2.85% Convertible Senior Debentures due 2027:
	Coupon interest	$	74	$	160	$	219	$	480
	Discount amortization – original issue		11		23		33		69
	Discount amortization – ASC 470-20 implementation		52		110		156		325
		$	137	$	293	$	408	$	874

3.63% Convertible Senior Debentures due 2026:
	Coupon interest	$	1,623	$	3,523	$	4,868	$	11,328
	Discount amortization – original issue		202		417		598		1,320
	Discount amortization – ASC 470-20 implementation		540		1,117		1,599		3,533
		$	2,365	$	5,057	$	7,065	$	16,181

3.88% Exchangeable Senior Debentures due 2025:
	Coupon interest	$	4,843	$	4,844	$	14,531	$	14,532
	Discount amortization – original issue		410		389		1,213		1,151
	Discount amortization – ASC 470-20 implementation		1,326		1,258		3,926		3,724
		$	6,579	$	6,491	$	19,670	$	19,407

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 22
-Article 5

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28551-108399

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28541-108399

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21538-112644

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21521-112644

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 55
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=6584090&loc=d3e28878-108400

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 470
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6479336&loc=d3e64711-112823

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(e),(f))
-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

+ Details

Redeemable Noncontrolling Interests (Tables)

9 Months Ended

Sep. 30, 2011

Redeemable Noncontrolling Interests Tables [Abstract]

Summary Of Activity Of Redeemable Noncontrolling Interests

(Amounts in thousands)
Balance at December 31, 2009	$	1,251,628
Net income		33,487
Distributions		(40,702)
Conversion of Class A units into common shares, at redemption value		(62,606)
Adjustments to carry redeemable Class A units at redemption value		232,099
Redemption of Series D-12 redeemable units		(13,000)
Other, net		16,316
Balance at September 30, 2010	$	1,417,222


Balance at December 31, 2010	$	1,327,974
Net income		47,364
Distributions		(38,393)
Conversion of Class A units into common shares, at redemption value		(38,220)
Adjustments to carry redeemable Class A units at redemption value		(114,628)
Redemption of Series D-11 redeemable units		(28,000)
Other, net		4,623
Balance at September 30, 2011	$	1,160,720

Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2011

Fair Value Measurements Tables [Abstract]

Schedule of Fair Values of Financial Assets and Liabilities by Levels Table

			As of September 30, 2011
(Amounts in thousands)			Total		Level 1		Level 2		Level 3
	Marketable securities		$	631,361	$	631,361	$	-	$	-
	Real Estate Fund investments (75% of which is attributable to
		noncontrolling interests)		261,417		-		-		261,417
	Deferred compensation plan assets (included in other assets)			94,623		40,736		-		53,887
		Total assets	$	987,401	$	672,097	$	-	$	315,304

	Mandatorily redeemable instruments (included in other liabilities)		$	55,052	$	55,052	$	-	$	-

			As of December 31, 2010
(Amounts in thousands)			Total		Level 1		Level 2		Level 3
	Marketable securities		$	766,116	$	766,116	$	-	$	-
	Real Estate Fund investments (75% of which is attributable to
		noncontrolling interests)		144,423		-		-		144,423
	Deferred compensation plan assets (included in other assets)			91,549		43,699		-		47,850
	Derivative positions in marketable equity securities
		(included in other assets)		17,616		-		17,616		-
		Total assets	$	1,019,704	$	809,815	$	17,616	$	192,273

	Mandatorily redeemable instruments (included in other liabilities)		$	55,097	$	55,097	$	-	$	-

Summary of Changes in Level 3 Deferred Compensation Plan Assets Table

Real Estate Fund Investments:	For the Three Months				For the Nine Months
	Ended September 30,				Ended September 30,
(Amounts in thousands)	2011		2010		2011		2010
Beginning balance	$	255,795	$	-	$	144,423	$	-
Purchases		-		42,500		123,047		42,500
Sales		-		-		(12,831)		-
Realized and unrealized gains		5,639		-		22,294		-
Other, net		(17)		-		(15,516)		-
Ending balance	$	261,417	$	42,500	$	261,417	$	42,500


Deferred Compensation Plan Assets:	For the Three Months				For the Nine Months
	Ended September 30,				Ended September 30,
(Amounts in thousands)	2011		2010		2011		2010
Beginning balance	$	53,724	$	43,598	$	47,850	$	39,589
Purchases		3,155		9,802		22,259		16,144
Sales		(1,044)		(7,850)		(18,538)		(11,430)
Realized and unrealized (losses) gains		(2,051)		487		2,166		1,637
Other, net		103		-		150		97
Ending balance	$	53,887	$	46,037	$	53,887	$	46,037

Schedule Of Carrying Amounts And Fair Values Of Financial Instruments

			As of September 30, 2011				As of December 31, 2010
			Carrying		Fair		Carrying		Fair
(Amounts in thousands)			Amount		Value		Amount		Value
	Mezzanine loans receivable		$	156,365	$	150,226	$	202,412	$	197,581
	Debt:
		Notes and mortgages payable	$	8,462,191	$	8,576,512	$	8,255,101	$	8,446,791
		Senior unsecured notes		959,421		1,011,602		1,082,928		1,119,512
		Exchangeable senior debentures		496,139		514,981		491,000		554,355
		Convertible senior debentures		188,799		189,816		186,413		191,510
		Revolving credit facility debt		300,000		300,000		874,000		874,000
			$	10,406,550	$	10,592,911	$	10,889,442	$	11,186,168

- Definition

Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income, and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issuances, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset.

+ References + Details

- Definition

Tabular disclosure of the fair value measurement of assets and liabilities which includes [financial] instruments measured at fair value that are classified in stockholders' equity. Such assets and liabilities may be measured on a recurring or nonrecurring basis. The disclosures which may be required or desired include: (1) for assets and liabilities measured on a recurring basis, disclosure may include: (a) the fair value measurements at the reporting date; (b) the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets or liabilities (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3); (c) for fair value measurements using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (i) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (ii) purchases, sales, issuances, and settlements (net); (iii) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs); (d) the amount of the total gains or losses for the period in subparagraph (c) (i) above included in earnings (or changes in net assets) that are attributable to the change in unrealized gains or losses relating to those assets and liabilities still held at the reporting date and a description of where those unrealized gains or losses are reported in the statement of income (or activities); (e) the valuation technique(s) used to measure fair value and a discussion of changes in valuation techniques, if any, during the period and (2) for assets and liabilities that are measured at fair value on a nonrecurring basis (for example, impaired assets) disclosure may include, in addition to (a) above: (a) the reasons for the fair value measurements recorded; (b) the same as (b) above; (c) for fair value measurements using significant unobservable inputs (Level 3), a description of the inputs and the information used to develop the inputs; and (d) the valuation technique(s) used to measure fair value and a discussion of changes, if any, in the valuation technique(s) used to measure similar assets and/or liabilities in prior periods. Where the quoted price in an active market for the identical liability is not available, the Level 1 input is the quoted price of an identical liability when traded as an asset.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 10
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 157
-Paragraph 32
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 157
-Paragraph 33
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 157
-Paragraph 6
-Footnote 4
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6925170&loc=d3e19207-110258

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6925170&loc=d3e19190-110258

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6925170&loc=d3e19279-110258

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=6925170&loc=d3e19296-110258

+ Details

Fee and Other Income (Tables)

9 Months Ended

Sep. 30, 2011

Fee And Other Income Tables [Abstract]

Fee and Other Income (Table)

	For the Three Months				For the Nine Months
(Amounts in thousands)	Ended September 30,				Ended September 30,
	2011		2010		2011		2010
Tenant cleaning fees	$	15,647	$	13,613	$	46,479	$	40,733
Management and leasing fees		4,361		3,555		15,456		16,075
Lease termination fees		4,803		2,301		12,478		10,112
Other income		12,195		12,797		37,826		37,918
	$	37,006	$	32,266	$	112,239	$	104,838

Interest and Other Investment Income (Loss), Net (Tables)

9 Months Ended

Sep. 30, 2011

Interest And Other Investment Loss Income Net Tables [Abstract]

Schedule Of Interest And Other Investment Income Net [Text Block]

		For the Three Months				For the Nine Months
(Amounts in thousands)		Ended September 30,				Ended September 30,
		2011		2010		2011		2010
Mezzanine loans loss reversal (accrual) and net gain on disposition		$	-	$	-	$	82,744	$	(6,900)
Dividends and interest on marketable securities			7,605		6,445		22,941		21,068
Interest on mezzanine loans			3,442		2,620		9,169		7,660
Mark-to-market of investments in our deferred compensation plan⁽¹⁾			(5,243)		3,907		1,502		5,684
(Loss) income from the mark-to-market of J.C. Penney derivative position			(37,537)		32,249		(27,136)		32,249
Other, net			1,739		1,875		5,901		5,915
		$	(29,994)	$	47,096	$	95,121	$	65,676
__________________________

(1)	This (loss) income is entirely offset by the revenue/expense resulting from the mark-to-market of the deferred compensation plan liability, which is included in "general and administrative" expense.

Income Per Share (Tables)

9 Months Ended

Sep. 30, 2011

Income Per Share Tables [Abstract]

Schedule Of Earnings Per Share Basic And Diluted [Text Block]

			For the Three Months				For the Nine Months
(Amounts in thousands, except per share amounts)			Ended September 30,				Ended September 30,
			2011		2010		2011		2010
Numerator:
	Income from continuing operations, net of income
		attributable to noncontrolling interests	$	50,314	$	107,919	$	437,576	$	402,591
	Income (loss) from discontinued operations, net of income
		attributable to noncontrolling interests		3,448		(3,667)		137,430		(11,681)
	Net income attributable to Vornado			53,762		104,252		575,006		390,910
	Preferred share dividends			(17,627)		(13,442)		(47,743)		(41,975)
	Discount on preferred share and unit redemptions			5,000		4,382		5,000		4,382
	Net income attributable to common shareholders			41,135		95,192		532,263		353,317
	Earnings allocated to unvested participating securities			(48)		(29)		(199)		(79)
	Numerator for basic income per share			41,087		95,163		532,064		353,238
	Impact of assumed conversions:
		Convertible preferred share dividends		-		-		94		121
	Numerator for diluted income per share		$	41,087	$	95,163	$	532,158	$	353,359

Denominator:
	Denominator for basic income per share –
		weighted average shares		184,398		182,462		184,220		182,014
	Effect of dilutive securities ⁽¹⁾:
		Employee stock options and restricted share awards		1,667		1,706		1,764		1,741
		Convertible preferred shares		-		-		55		71
	Denominator for diluted income per share –
		weighted average shares and assumed conversions		186,065		184,168		186,039		183,826

INCOME PER COMMON SHARE – BASIC:
	Income from continuing operations, net		$	0.20	$	0.54	$	2.14	$	2.00
	Income (loss) from discontinued operations, net			0.02		(0.02)		0.75		(0.06)
	Net income per common share		$	0.22	$	0.52	$	2.89	$	1.94

INCOME PER COMMON SHARE – DILUTED:
	Income from continuing operations, net		$	0.20	$	0.54	$	2.12	$	1.98
	Income (loss) from discontinued operations, net			0.02		(0.02)		0.74		(0.06)
	Net income per common share		$	0.22	$	0.52	$	2.86	$	1.92


(1)		The effect of dilutive securities above excludes anti-dilutive weighted average common share equivalents of 18,857 and 19,837 in the three months ended September 30, 2011 and 2010, respectively, and 18,687 and 19,843 in the nine months ended September 30, 2011 and 2010, respectively.

Segment Information (Tables)

9 Months Ended

Sep. 30, 2011

Segment Reporting Disclosure of Entitys Reportable Segments [Abstract]

Schedule of Segment Information


(Amounts in thousands)			For the Three Months Ended September 30, 2011
						New York		Washington, DC				Merchandise
				Total		Office		Office		Retail		Mart		Toys		Other⁽³⁾
Property rentals				$	530,086	$	196,123	$	133,156	$	105,788	$	46,278	$	-	$	48,741
Straight-line rent adjustments					14,963		3,998		6,673		4,696		(1,006)		-		602
Amortization of acquired below-
	market leases, net				16,100		8,153		547		6,268		21		-		1,111
Total rentals					561,149		208,274		140,376		116,752		45,293		-		50,454
Tenant expense reimbursements					94,053		43,025		9,328		36,297		2,972		-		2,431
Cleveland Medical Mart development
	project				35,135		-		-		-		35,135		-		-
Fee and other income:
	Tenant cleaning fees				15,647		24,047		-		-		-		-		(8,400)
	Management and leasing fees				4,361		1,653		2,670		541		45		-		(548)
	Lease termination fees				4,803		3,540		1,002		261		-		-		-
	Other				12,195		5,212		5,232		1,155		988		-		(392)
Total revenues					727,343		285,751		158,608		155,006		84,433		-		43,545
Operating expenses					285,659		129,472		51,791		57,412		30,803		-		16,181
Depreciation and amortization					134,074		47,038		33,885		30,080		10,372		-		12,699
General and administrative					46,452		4,461		6,505		6,721		9,534		-		19,231
Cleveland Medical Mart development
	project				33,419		-		-		-		33,419		-		-
Tenant buy-outs and other acquisition
	related costs				2,288		-		-		1,593		-		-		695
Total expenses					501,892		180,971		92,181		95,806		84,128		-		48,806
Operating income (loss)					225,451		104,780		66,427		59,200		305		-		(5,261)
(Loss) applicable to Toys					(9,304)		-		-		-		-		(9,304)		-
Income (loss) from partially owned
	entities				13,552		(5,136)		(1,356)		889		38		-		19,117
Income from Real Estate Fund					5,353		-		-		-		-		-		5,353
Interest and other investment
	(loss) income, net				(29,994)		146		39		3		17		-		(30,199)
Interest and debt expense					(136,672)		(35,395)		(30,256)		(23,176)		(9,365)		-		(38,480)
Net gain on disposition of wholly
	owned and partially owned assets				1,298		-		-		-		-		-		1,298
Income (loss) before income taxes					69,684		64,395		34,854		36,916		(9,005)		(9,304)		(48,172)
Income tax expense					(7,144)		(678)		(960)		-		(890)		-		(4,616)
Income (loss) from continuing
	operations				62,540		63,717		33,894		36,916		(9,895)		(9,304)		(52,788)
Income from discontinued
	operations				3,683		165		-		818		2,700		-		-
Net income (loss)					66,223		63,882		33,894		37,734		(7,195)		(9,304)		(52,788)
Less:
	Net (income) loss attributable to
		noncontrolling interests in
		consolidated subsidiaries			(5,636)		(2,219)		-		110		-		-		(3,527)
	Net (income) attributable to
		noncontrolling interests in the
		Operating Partnership, including
		unit distributions			(6,825)		-		-		-		-		-		(6,825)
Net income (loss) attributable to
	Vornado				53,762		61,663		33,894		37,844		(7,195)		(9,304)		(63,140)
Interest and debt expense⁽²⁾					197,864		39,526		33,703		24,368		9,523		38,018		52,726
Depreciation and amortization⁽²⁾					193,394		53,936		38,085		30,946		12,230		34,293		23,904
Income tax (benefit) expense⁽²⁾					(7,350)		736		925		-		890		(15,135)		5,234
EBITDA⁽¹⁾				$	437,670	$	155,861	$	106,607	$	93,158	$	15,448	$	47,872	$	18,724


See notes on page 35.


(Amounts in thousands)			For the Three Months Ended September 30, 2010
						New York		Washington, DC				Merchandise
				Total		Office		Office		Retail		Mart		Toys		Other⁽³⁾
Property rentals				$	526,776	$	194,815	$	146,439	$	97,625	$	42,774	$	-	$	45,123
Straight-line rent adjustments					15,986		7,573		347		7,441		(457)		-		1,082
Amortization of acquired below-
	market leases, net				16,756		8,936		594		5,820		15		-		1,391
Total rentals					559,518		211,324		147,380		110,886		42,332		-		47,596
Tenant expense reimbursements					95,341		40,387		15,129		35,688		2,784		-		1,353
Fee and other income:
	Tenant cleaning fees				13,613		21,721		-		-		-		-		(8,108)
	Management and leasing fees				3,555		1,428		2,772		214		(2)		-		(857)
	Lease termination fees				2,301		1,220		728		346		7		-		-
	Other				12,797		5,505		5,554		1,016		800		-		(78)
Total revenues					687,125		281,585		171,563		148,150		45,921		-		39,906
Operating expenses					275,077		124,152		58,327		52,309		26,391		-		13,898
Depreciation and amortization					130,599		44,131		36,764		26,329		9,853		-		13,522
General and administrative					55,200		4,504		5,984		8,843		6,010		-		29,859
Tenant buy-outs and other acquisition
	related costs				921		-		-		-		-		-		921
Total expenses					461,797		172,787		101,075		87,481		42,254		-		58,200
Operating income (loss)					225,328		108,798		70,488		60,669		3,667		-		(18,294)
(Loss) applicable to Toys					(2,557)		-		-		-		-		(2,557)		-
(Loss) income from partially owned
	entities				(1,996)		1,705		(1,095)		833		8		-		(3,447)
(Loss) from Real Estate Fund					(1,410)		-		-		-		-		-		(1,410)
Interest and other investment
	income (loss), net				47,096		139		81		(46)		11		-		46,911
Interest and debt expense					(145,561)		(33,293)		(33,367)		(24,199)		(9,556)		-		(45,146)
Net (loss) on extinguishment
	of debt				(724)		-		-		-		-		-		(724)
Net gain on disposition of wholly
	owned and partially owned assets				5,072		-		-		-		-		-		5,072
Income (loss) before income taxes					125,248		77,349		36,107		37,257		(5,870)		(2,557)		(17,038)
Income tax (expense) benefit					(5,449)		(861)		(1,001)		(2)		714		-		(4,299)
Income (loss) from continuing
	operations				119,799		76,488		35,106		37,255		(5,156)		(2,557)		(21,337)
(Loss) income from discontinued
	operations				(3,667)		30		1,410		(3,642)		(1,465)		-		-
Net income (loss)					116,132		76,518		36,516		33,613		(6,621)		(2,557)		(21,337)
Less:
	Net (income) loss attributable to
		noncontrolling interests in
		consolidated subsidiaries			(296)		(2,442)		-		397		-		-		1,749
	Net (income) attributable to
		noncontrolling interests in the
		Operating Partnership, including
		unit distributions			(11,584)		-		-		-		-		-		(11,584)
Net income (loss) attributable to
	Vornado				104,252		74,076		36,516		34,010		(6,621)		(2,557)		(31,172)
Interest and debt expense⁽²⁾					208,294		31,817		34,241		26,395		15,883		40,558		59,400
Depreciation and amortization⁽²⁾					179,148		42,531		41,394		28,024		12,782		30,079		24,338
Income tax (benefit) expense⁽²⁾					(23,013)		861		1,054		2		(714)		(27,501)		3,285
EBITDA⁽¹⁾				$	468,681	$	149,285	$	113,205	$	88,431	$	21,330	$	40,579	$	55,851


See notes on page 35.


(Amounts in thousands)			For the Nine Months Ended September 30, 2011
						New York		Washington, DC				Merchandise
				Total		Office		Office		Retail		Mart		Toys		Other⁽³⁾
Property rentals				$	1,604,451	$	586,797	$	413,810	$	316,729	$	154,485	$	-	$	132,630
Straight-line rent adjustments					34,713		15,777		5,962		12,556		(2,059)		-		2,477
Amortization of acquired below-
	market leases, net				49,387		24,549		1,525		19,899		55		-		3,359
Total rentals					1,688,551		627,123		421,297		349,184		152,481		-		138,466
Tenant expense reimbursements					264,857		108,267		27,561		111,519		9,121		-		8,389
Cleveland Medical Mart development
	project				108,203		-		-		-		108,203		-		-
Fee and other income:
	Tenant cleaning fees				46,479		71,156		-		-		-		-		(24,677)
	Management and leasing fees				15,456		5,260		9,629		2,439		348		-		(2,220)
	Lease termination fees				12,478		9,176		3,013		289		-		-		-
	Other				37,826		15,078		15,894		4,241		2,832		-		(219)
Total revenues					2,173,850		836,060		477,394		467,672		272,985		-		119,739
Operating expenses					841,266		367,291		150,375		173,623		99,266		-		50,711
Depreciation and amortization					393,846		138,837		101,634		85,653		29,113		-		38,609
General and administrative					155,566		14,389		19,504		22,034		23,855		-		75,784
Cleveland Medical Mart development
	project				101,637		-		-		-		101,637		-		-
Tenant buy-outs and other acquisition
	related costs				22,455		-		-		16,593		3,040		-		2,822
Total expenses					1,514,770		520,517		271,513		297,903		256,911		-		167,926
Operating income (loss)					659,080		315,543		205,881		169,769		16,074		-		(48,187)
Income applicable to Toys					80,794		-		-		-		-		80,794		-
Income (loss) from partially owned
	entities				56,239		(4,893)		(6,038)		2,131		292		-		64,747
Income from Real Estate Fund					25,491		-		-		-		-		-		25,491
Interest and other investment
	income, net				95,121		466		119		5		35		-		94,496
Interest and debt expense					(408,532)		(103,514)		(89,911)		(69,482)		(28,140)		-		(117,485)
Net gain on disposition of wholly
	owned and partially owned assets				7,975		-		-		-		-		-		7,975
Income (loss) before income taxes					516,168		207,602		110,051		102,423		(11,739)		80,794		27,037
Income tax expense					(19,448)		(1,637)		(2,267)		(5)		(2,211)		-		(13,328)
Income (loss) from continuing
	operations				496,720		205,965		107,784		102,418		(13,950)		80,794		13,709
Income from discontinued operations					146,293		398		46,466		9,217		90,212		-		-
Net income					643,013		206,363		154,250		111,635		76,262		80,794		13,709
Less:
	Net (income) loss attributable to
		noncontrolling interests in
		consolidated subsidiaries			(20,643)		(6,815)		-		196		-		-		(14,024)
	Net (income) attributable to
		noncontrolling interests in the
		Operating Partnership, including
		unit distributions			(47,364)		-		-		-		-		-		(47,364)
Net income (loss) attributable to
	Vornado				575,006		199,548		154,250		111,831		76,262		80,794		(47,679)
Interest and debt expense⁽²⁾					599,668		108,473		100,017		73,000		32,025		121,546		164,607
Depreciation and amortization⁽²⁾					561,738		146,650		118,290		88,322		34,632		101,862		71,982
Income tax expense⁽²⁾					42,135		1,695		2,380		5		2,211		29,914		5,930
EBITDA⁽¹⁾				$	1,778,547	$	456,366	$	374,937	$	273,158	$	145,130	$	334,116	$	194,840


See notes on page 35.


(Amounts in thousands)			For the Nine Months Ended September 30, 2010
						New York		Washington, DC				Merchandise
				Total		Office		Office		Retail		Mart		Toys		Other⁽³⁾
Property rentals				$	1,560,473	$	582,090	$	426,217	$	284,808	$	145,206	$	-	$	122,152
Straight-line rent adjustments					53,018		22,642		5,519		21,699		628		-		2,530
Amortization of acquired below-
	market leases, net				48,476		27,312		1,836		14,897		(91)		-		4,522
Total rentals					1,661,967		632,044		433,572		321,404		145,743		-		129,204
Tenant expense reimbursements					271,040		105,968		42,592		107,799		8,876		-		5,805
Fee and other income:
	Tenant cleaning fees				40,733		62,778		-		-		-		-		(22,045)
	Management and leasing fees				16,075		4,278		13,252		759		31		-		(2,245)
	Lease termination fees				10,112		4,245		1,256		4,182		429		-		-
	Other				37,918		14,428		16,452		2,284		3,471		-		1,283
Total revenues					2,037,845		823,741		507,124		436,428		158,550		-		112,002
Operating expenses					802,927		349,934		163,097		159,131		85,915		-		44,850
Depreciation and amortization					393,259		131,911		108,994		80,550		30,111		-		41,693
General and administrative					153,231		13,824		18,079		22,591		20,252		-		78,485
Tenant buy-outs and other acquisition
	related costs				2,851		-		-		-		-		-		2,851
Total expenses					1,352,268		495,669		290,170		262,272		136,278		-		167,879
Operating income (loss)					685,577		328,072		216,954		174,156		22,272		-		(55,877)
Income applicable to Toys					102,309		-		-		-		-		102,309		-
Income (loss) from partially owned
	entities				13,800		4,345		(1,099)		3,353		239		-		6,962
(Loss) from Real Estate Fund					(1,410)		-		-		-		-		-		(1,410)
Interest and other investment
	income, net				65,676		466		130		143		35		-		64,902
Interest and debt expense					(423,354)		(99,026)		(101,592)		(62,047)		(28,383)		-		(132,306)
Net (loss) on extinguishment
	of debt				(1,796)		-		-		-		-		-		(1,796)
Net gain on disposition of wholly
	owned and partially owned assets				12,759		-		-		-		765		-		11,994
Income (loss) before income taxes					453,561		233,857		114,393		115,605		(5,072)		102,309		(107,531)
Income tax (expense) benefit					(15,993)		(1,670)		(1,092)		(37)		118		-		(13,312)
Income (loss) from continuing
	operations				437,568		232,187		113,301		115,568		(4,954)		102,309		(120,843)
(Loss) income from discontinued operations					(11,681)		106		(5,776)		(1,539)		(4,472)		-		-
Net income (loss)					425,887		232,293		107,525		114,029		(9,426)		102,309		(120,843)
Less:
	Net (income) loss attributable to
		noncontrolling interests in
		consolidated subsidiaries			(1,490)		(7,290)		-		895		-		-		4,905
	Net (income) attributable to
		noncontrolling interests in the
		Operating Partnership, including
		unit distributions			(33,487)		-		-		-		-		-		(33,487)
Net income (loss) attributable to
	Vornado				390,910		225,003		107,525		114,924		(9,426)		102,309		(149,425)
Interest and debt expense⁽²⁾					611,993		94,404		104,355		68,275		45,370		123,791		175,798
Depreciation and amortization⁽²⁾					549,400		127,341		120,929		85,335		39,049		99,850		76,896
Income tax expense (benefit)⁽²⁾					13,553		1,670		1,161		37		(59)		(1,914)		12,658
EBITDA⁽¹⁾				$	1,565,856	$	448,418	$	333,970	$	268,571	$	74,934	$	324,036	$	115,927


See notes on the following page.

20. Segment Information - continued

	Notes to preceding tabular information:

(1)	EBITDA represents "Earnings Before Interest, Taxes, Depreciation and Amortization." We consider EBITDA a supplemental measure for making decisions and assessing the unlevered performance of our segments as it relates to the total return on assets as opposed to the levered return on equity. As properties are bought and sold based on a multiple of EBITDA, we utilize this measure to make investment decisions as well as to compare the performance of our assets to that of our peers. EBITDA should not be considered a substitute for net income. EBITDA may not be comparable to similarly titled measures employed by other companies.

(2)	Interest and debt expense, depreciation and amortization and income tax (benefit) expense in the reconciliation of net income (loss) to EBITDA includes our share of these items from partially owned entities.

(3)	The components of other EBITDA are summarized below. The totals for each of the columns below agree to the total EBITDA for the "other" column in the preceding EBITDA by segment reconciliations.

Details of Other EBITDA (Table)

			For the Three Months				For the Nine Months
(Amounts in thousands)			Ended September 30,				Ended September 30,
			2011		2010		2011		2010
Our share of Real Estate Fund:
	Operations		$	743	$	(319)	$	2,550	$	(319)
	Net unrealized gains			1,410		-		4,802		-
	Net realized gains			-		-		771		-
	Carried interest (reversal) accrual			(475)		-		1,665		-
Total				1,678		(319)		9,788		(319)
Alexander's				14,588		13,288		45,577		41,947
LNR (acquired in July 2010)⁽¹⁾				15,769		-		38,569		-
Lexington⁽²⁾				8,424		8,092		37,730		37,375
555 California Street				11,220		11,797		32,608		34,421
Hotel Pennsylvania				9,773		8,080		18,382		14,249
Other investments				10,075		4,004		30,011		22,619
				71,527		44,942		212,665		150,292
Corporate general and administrative expenses⁽³⁾				(21,585)		(20,712)		(62,964)		(60,668)
Investment income and other, net⁽³⁾				12,530		15,808		38,860		41,876
Mezzanine loans loss reversal (accrual) and net gain on disposition				-		-		82,744		(6,900)
(Loss) income from the mark-to-market of J.C. Penney derivative
	position			(37,537)		32,249		(27,136)		32,249
Net gain on sale of condominiums				1,298		-		5,884		3,149
Acquisition related costs				(684)		(921)		(4,398)		(2,851)
Real Estate Fund placement fees				-		(3,207)		(3,451)		(5,937)
Net loss on extinguishment of debt				-		(724)		-		(1,796)
Net income attributable to noncontrolling interests in the Operating
	Partnership, including unit distributions			(6,825)		(11,584)		(47,364)		(33,487)
			$	18,724	$	55,851	$	194,840	$	115,927


(1)		The nine months ended September 30, 2011 includes $6,020 for our share of net gains from asset sales and $8,977 for our share of a tax settlement gain.

(2)		Includes net gains of $9,760 and $5,998 in the nine months ended September 30, 2011 and 2010, respectively, resulting from Lexington's stock issuances.

(3)		The amounts in these captions (for this table only) exclude the mark-to-market of our deferred compensation plan assets and offsetting liability.

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References + Details

Organization (Details)	9 Months Ended
Organization (Details)	Sep. 30, 2011
Organization Details [Abstract]
Common limited partnership interest in Vornado Realty L.P., a Delaware limited partnership ("Operating Partnership")	93.30%

Vornado Capital Partners, L.P. and Vornado Capital Partners Parallel, L.P. (the "Fund") (Details) sqft in Thousands	2 Months Ended	3 Months Ended		9 Months Ended
	Mar. 01, 2011 USD ($) sqft	Sep. 30, 2011 USD ($)	Sep. 30, 2010 USD ($)	Sep. 30, 2011 USD ($)	Sep. 30, 2010 USD ($)
Vornado Capital Partners LP and Vornado Capital Partners LP [Line Items]
Vornado Total Equity Commitments For The Fund		$ 200,000,000		$ 200,000,000
Total expected equity commitments for the Fund		$ 800,000,000		$ 800,000,000
Investment period for commitments of the Fund, years		3		3
Term of the Fund, years		8		8
Number Of Investments Made By Fund				5
Investments Made By The Fund		$ 261,417,000		$ 261,417,000
Details of Income From Vornado Capital Partners LP and Vornado Capital Partners Parallel LP [Line Items]
Income from Real Estate Fund		5,353,000	$ (1,410,000)	25,491,000	$ (1,410,000)
Net (income) loss attributable to noncontrolling interests in consolidated subsidiaries		5,636,000	296,000	20,643,000	1,490,000
Income From Real Estate Fund Attributable To Parent Company		1,678,000	(319,000)	9,788,000	(319,000)
Fee and Other Income		37,006,000	32,266,000	112,239,000	104,838,000
Real Estate Fund [Member]
Details of Income From Vornado Capital Partners LP and Vornado Capital Partners Parallel LP [Line Items]
Net (income) loss attributable to noncontrolling interests in consolidated subsidiaries		3,675,000	(1,091,000)	15,703,000	(1,091,000)
Fee and Other Income		$ 378,000		$ 1,803,000
One Park Avenue [Member]
Square Footage Of Real Estate Property \| sqft	932
Debt Instrument, Interest Rate at Period End	5.00%
Business Acquisition Cost Of Acquired Entity Purchase Price	$ 374,000,000
Business Acquisition Cost Of Acquired Entity Cash Paid	137,000,000
Business Acquisition Cost Of Acquired Entity Liabilities Incurred	$ 250,000,000
Equity method ownership percentage	95.00%
One Park Avenue [Member] \| Vornado Realty Trust Excluding Real Estate Fund [Member]
Equity method ownership percentage		30.30%		30.30%
One Park Avenue [Member] \| Real Estate Fund [Member]
Equity method ownership percentage		64.70%		64.70%
Operating Income [Member]
Details of Income From Vornado Capital Partners LP and Vornado Capital Partners Parallel LP [Line Items]
Income from Real Estate Fund		$ (286,000)	(1,410,000)	$ 3,197,000	(1,410,000)
Realized Gain [Member]
Details of Income From Vornado Capital Partners LP and Vornado Capital Partners Parallel LP [Line Items]
Income from Real Estate Fund		0	0	3,085,000	0
Unrealized Gain From Mark To Market [Member]
Details of Income From Vornado Capital Partners LP and Vornado Capital Partners Parallel LP [Line Items]
Income from Real Estate Fund		$ 5,639,000	$ 0	19,209,000	$ 0
Inception to Date [Member]
Vornado Capital Partners LP and Vornado Capital Partners LP [Line Items]
Proceeds From Partnership Contribution				256,100,000
Vornado's contribution to the Real Estate Fund				$ 64,031,000

Marketable Securities and Derivative Instruments: Marketable Securities (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2011	Sep. 30, 2010	Sep. 30, 2011	Sep. 30, 2010	Dec. 31, 2010
Available-for-sale Securities, Gross Realized Gain (Loss), Disclosures [Abstract]
Available For Sale Securities Gross Realized Gains Losses Sale Proceeds			$ 19,301	$ 155,118
Available-for-sale Securities, Gross Realized Gain (Loss)	$ 0	$ 5,052	2,139	$ 8,960
Schedule of Available-for-sale Securities [Line Items]
Marketable securities	631,361		631,361		$ 766,116
Available For Sale Securities Amortized Cost	706,606		706,606		721,027
Aggregate unrealized gains	(75,245)		(75,245)		45,089
JC Penney [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Securities, Equity Securities	497,680		497,680		600,600
Available-for-sale Equity Securities, Amortized Cost Basis	590,366		590,366		590,366
Aggregate unrealized gains	(92,686)		(92,686)		10,234
Other Equity Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Securities, Equity Securities	26,769		26,769		47,248
Available-for-sale Equity Securities, Amortized Cost Basis	13,561		13,561		26,481
Aggregate unrealized gains	13,208		13,208		20,767
Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Securities, Debt Securities	106,912		106,912		118,268
Available-for-sale Debt Securities, Amortized Cost Basis	102,679		102,679		104,180
Aggregate unrealized gains	$ 4,233		$ 4,233		$ 14,088
Available-for-sale Securities, Debt Maturity, Date Range, Low			04/13		08/11
Available-for-sale Securities, Debt Maturity, Date Range, High			10/18		10/18

Marketable Securities and Derivative Instruments: Derivative Instrument (Details) - JC Penney [Member] $ / shares in Units, $ in Thousands	3 Months Ended	9 Months Ended	12 Months Ended
	Sep. 30, 2011 USD ($) $ / shares shares	Sep. 30, 2011 USD ($) $ / shares shares	Dec. 31, 2010 USD ($) $ / shares shares
Derivative [Line Items]
Investment Owned Balance Shares \| shares	23,400,000	23,400,000
Ownership Percentage	10.90%	10.90%
Maximum Ownership Percentage Per Agreement	15.40%	15.40%
Voting Ownership Interest Percentage Per Agreement	9.90%	9.90%
Closing share price \| $ / shares	$ 26.78	$ 26.78
Shares Owned [Member]
Derivative [Line Items]
Investment Owned Balance Shares \| shares	18,584,010	18,584,010
Acquisiton Price Per Share \| $ / shares		$ 25.71
Investment Owned, at Cost	$ 477,829	$ 477,829
Unrealized Gain Loss On Securities		(102,920)
Investment Owned At Fair Value	497,680	497,680
Equity Contract [Member]
Derivative [Line Items]
Investment Owned Balance Shares \| shares			15,500,000
Acquisiton Price Per Share \| $ / shares			$ 31.76
Derivative Inception Date			Sep. 28, 2010
Derivative Maturity Date			Nov. 09, 2010
Derivative Gain On Derivative			$ 112,537
Forward Contracts [Member]
Derivative [Line Items]
Unrealized Gain Loss On Securities	$ (37,537)	$ (27,136)
Derivative Maturity Date		Oct. 09, 2012
Derivative Number Of Instruments Held \| shares	4,815,990	4,815,990
Derivative Price Risk Option Strike Price \| $ / shares	28.76	28.76
Notional Amount Of Price Risk Derivatives	$ 138,492	$ 138,492
Derivative Basis Spread On Variable Rate	0.80%	0.80%

Investments in Partially Owned Entities (Details) $ / shares in Units, sqft in Millions	3 Months Ended							9 Months Ended						12 Months Ended
	Sep. 30, 2011 USD ($) $ / shares shares	Jul. 30, 2011 USD ($)	Jun. 30, 2011 USD ($)	Mar. 16, 2011 USD ($) sqft	Sep. 30, 2010 USD ($)	Jul. 31, 2010 USD ($)	Jun. 30, 2010 USD ($)	Sep. 30, 2011 USD ($) $ / shares shares	Jul. 30, 2011 USD ($)	Jun. 30, 2011 USD ($)	Sep. 30, 2010 USD ($)	Jul. 31, 2010 USD ($)	Jun. 30, 2010 USD ($)	Dec. 31, 2008 USD ($)	Dec. 31, 2010 USD ($)	Oct. 30, 2010 USD ($)	Oct. 31, 2008 shares
Schedule Of Equity Method Investments [Line Items]
Carrying amount of investments in partially owned entities	$ 1,703,584,000							$ 1,703,584,000							$ 1,375,006,000
Income Loss From Equity Method Investments	4,248,000				$ (4,553,000)			137,033,000			$ 116,109,000
Net gain on disposition of wholly owned and partially owned assets	1,298,000				5,072,000			7,975,000			12,759,000
Vornado Realty Trust [Member]
Schedule Of Equity Method Investments [Line Items]
Business Acquisition Cost Of Acquired Entity Cash Paid	$ 35,000,000							$ 35,000,000
Vornado Realty Trust and SL Green [Member]
Schedule Of Equity Method Investments [Line Items]
Equity method ownership percentage	99.00%							99.00%
Alexanders Inc [Member]
Schedule Of Equity Method Investments [Line Items]
Equity method ownership percentage	32.40%							32.40%
Assets	$ 1,785,000,000							$ 1,785,000,000							1,679,000,000
Liabilities	1,427,000,000							1,427,000,000							1,335,000,000
Noncontrolling interests	4,000,000							4,000,000							3,000,000
Equity	354,000,000							354,000,000							341,000,000
Total revenue	65,000,000				61,000,000			190,000,000			179,000,000
Net (loss) income attributable to investee	20,000,000				18,000,000			59,000,000			49,000,000
Fees owed by Alexander's under management agreements	$ 43,308,000							$ 43,308,000
Closing share price \| $ / shares	$ 361.02							$ 361.02
Equity Method Investment Market Value	$ 597,152,000							$ 597,152,000
Excess of investee's fair value over carrying amount	406,875,000							406,875,000
Excess of investee's carrying amount over equity in net assets	$ 59,188,000							$ 59,188,000
Ownership common shares, investee \| shares	1,654,068							1,654,068
Carrying amount of investments in partially owned entities	$ 190,277,000							$ 190,277,000							186,811,000
Equity in net income	6,437,000				5,612,000			18,507,000			14,309,000
Management and leasing fees	2,170,000				1,945,000			6,749,000			6,774,000
Income Loss From Equity Method Investments	$ 8,607,000				7,557,000			$ 25,256,000			21,083,000
Toys R Us [Member]
Schedule Of Equity Method Investments [Line Items]
Equity method ownership percentage	32.70%							32.70%
Toy's fourth quarter fiscal year net income								more than 80%
Assets		$ 11,778,000,000							$ 11,778,000,000							$ 12,810,000,000
Liabilities		9,969,000,000							9,969,000,000							11,317,000,000
Equity		1,809,000,000							1,809,000,000							$ 1,493,000,000
Total revenue		2,648,000,000				$ 2,565,000,000			11,256,000,000			$ 11,030,000,000
Net (loss) income attributable to investee		$ (36,000,000)				$ (16,000,000)			$ 227,000,000			$ 292,000,000
Carrying amount of investments in partially owned entities	$ 546,258,000							$ 546,258,000							447,334,000
Equity in net income, before income taxes	(26,773,000)				(32,574,000)			104,049,000			93,662,000
Income tax expense	15,135,000				27,501,000			(29,914,000)			1,914,000
Interest and other income	2,334,000				2,516,000			6,659,000			6,733,000
Equity in net income	(11,638,000)				(5,073,000)			74,135,000			95,576,000
Income Loss From Equity Method Investments	$ (9,304,000)				$ (2,557,000)			$ 80,794,000			$ 102,309,000
Lexington Realty Trust [Member]
Schedule Of Equity Method Investments [Line Items]
Equity method ownership percentage	11.70%				13.80%			11.70%			13.80%
Assets			$ 3,240,000,000		$ 3,385,000,000					$ 3,240,000,000	$ 3,385,000,000
Liabilities			1,910,000,000		2,115,000,000					1,910,000,000	2,115,000,000
Noncontrolling interests			60,000,000		71,000,000					60,000,000	71,000,000
Equity			1,270,000,000		1,199,000,000					1,270,000,000	1,199,000,000
Total revenue			83,000,000				$ 81,000,000			252,000,000			$ 249,000,000
Net (loss) income attributable to investee			(44,000,000)				$ (24,000,000)			(49,000,000)			$ (97,000,000)
Closing share price \| $ / shares	$ 6.54							$ 6.54
Equity Method Investment Market Value	$ 120,787,000							$ 120,787,000
Excess of investee's fair value over carrying amount	59,472,000							59,472,000
Excess of investee's carrying amount over equity in net assets	$ 48,861,000							$ 48,861,000
Non-cash impairment charges														$ 107,882,000
Ownership common shares, investee \| shares	18,468,969							18,468,969
Equity Method Investment Acquisition Of Additional Common Shares \| shares																	8,000,000
Carrying amount of investments in partially owned entities	$ 61,315,000							$ 61,315,000							57,270,000
Income Loss From Equity Method Investments	(617,000)				(2,301,000)			10,209,000			3,316,000
Gain on stock issuance	$ 8,308,000							$ 9,760,000			5,998,000
LNR [Member]
Schedule Of Equity Method Investments [Line Items]
Equity method ownership percentage	26.20%							26.20%
Assets			139,731,000,000		143,266,000,000					139,731,000,000	143,266,000,000
Liabilities			139,025,000,000		142,720,000,000					139,025,000,000	142,720,000,000
Noncontrolling interests			43,000,000		37,000,000					43,000,000	37,000,000
Equity			663,000,000		509,000,000					663,000,000	509,000,000
Total revenue			73,000,000							156,000,000
Net (loss) income attributable to investee			52,000,000							152,000,000
Carrying amount of investments in partially owned entities	$ 156,090,000							$ 156,090,000							132,973,000
Income Loss From Equity Method Investments	13,656,000				0			39,913,000			0
Gain Loss On Tax Settlement								8,977,000
Net Gains From Asset Sales	$ 6,020,000							$ 6,020,000
Assets In Consolidated Trusts			$ 138,500,000,000							$ 138,500,000,000
Mezzanine Loans 280 Park Avenue [Member]
Schedule Of Equity Method Investments [Line Items]
Equity method ownership percentage	49.50%							49.50%
Square Footage Of Real Estate Property \| sqft				1.2
Business Acquisition Cost Of Acquired Entity Cash Paid				$ 111,250,000
Business Acquisition Cost Of Acquired Entity Liabilities Incurred				15,000,000
AnticipatedFutureRetenantingAndRepositioningCosts	$ 150,000,000							$ 150,000,000
Mezzanine Loans 280 Park Avenue [Member] \| Vornado Realty Trust [Member]
Schedule Of Equity Method Investments [Line Items]
Contribution Of Notes Receivable To Joint Venture				73,750,000
Mezzanine Loans 280 Park Avenue [Member] \| SL Green [Member]
Schedule Of Equity Method Investments [Line Items]
Contribution Of Notes Receivable To Joint Venture				$ 326,250,000
Partially owned office buildings [Member]
Schedule Of Equity Method Investments [Line Items]
Carrying amount of investments in partially owned entities	452,284,000							452,284,000							181,838,000
Income Loss From Equity Method Investments	(6,839,000)				86,000			(13,829,000)			1,864,000
Straight Line Rent Reserves And Write Off Of Tenant Improvements								9,022,000
India real estate ventures [Member]
Schedule Of Equity Method Investments [Line Items]
Carrying amount of investments in partially owned entities	101,155,000							101,155,000							127,193,000
Income Loss From Equity Method Investments	(690,000)				(195,000)			(692,000)			2,062,000
Other equity method investments [Member]
Schedule Of Equity Method Investments [Line Items]
Carrying amount of investments in partially owned entities	196,205,000							196,205,000							$ 241,587,000
Income Loss From Equity Method Investments	$ (565,000)				$ (7,143,000)			$ (4,618,000)			$ (14,525,000)
Independence Plaza [Member]
Schedule Of Equity Method Investments [Line Items]
Equity method ownership percentage	51.00%							51.00%
Business Acquisition Cost Of Acquired Entity Cash Paid	$ 55,000,000							$ 55,000,000
Face Value Of Mezzanine Loan Acquired	150,000,000							150,000,000
Face Value Of Senior Loan Acquired	$ 35,000,000							$ 35,000,000

Investments in Partially Owned Entities - Debt (Details) - USD ($)		3 Months Ended	9 Months Ended
	Jun. 10, 2011	Jun. 30, 2011	Sep. 30, 2011	Dec. 31, 2010	Sep. 30, 2010
Schedule Of Long Term Debt Equity Method Investments [Line Items]
Equity Method Investment Pro Rata Share Debt Of Partially Owned Entities			$ 39,802,179,000	$ 40,443,346,000
Equity Method Investment Prorata Share Debt Of Partially Owned Entities Excluding Our Pro Rata Share Of Lnr Liabilities Related To Cmbs And Cdo			$ 3,540,451,000	3,275,917,000
Senior Uk Real Estate Facility [Member]
Schedule Of Long Term Debt Equity Method Investments [Line Items]
Debt Instrument Maturity Date (String)			04/13
Alexanders Inc [Member]
Schedule Of Long Term Debt Equity Method Investments [Line Items]
Equity method ownership percentage			32.40%
Equity Method Investment Debt Of Partially Owned Entities			$ 1,336,374,000	1,246,411,000
Alexanders Inc [Member] \| Lexington Avenue Mortgage Office Space [Member]
Schedule Of Long Term Debt Equity Method Investments [Line Items]
Debt Instrument Maturity Date (String)			02/14
Debt Instrument, Interest Rate at Period End			5.33%
Equity Method Investment Debt Of Partially Owned Entities			$ 342,928,000	351,751,000
Alexanders Inc [Member] \| Lexington Avenue Mortgage Retail Space [Member]
Schedule Of Long Term Debt Equity Method Investments [Line Items]
Debt Instrument Maturity Date (String)			07/15
Debt Instrument, Interest Rate at Period End			4.93%
Equity Method Investment Debt Of Partially Owned Entities			$ 320,000,000	320,000,000
Alexanders Inc [Member] \| Rego Park Construction [Member]
Schedule Of Long Term Debt Equity Method Investments [Line Items]
Debt Instrument Maturity Date (String)			12/11
Debt Instrument, Interest Rate at Period End			1.42%
Equity Method Investment Debt Of Partially Owned Entities			$ 277,200,000	277,200,000
Alexanders Inc [Member] \| Kings Plaza Regional Shopping Center Mortgage [Member]
Schedule Of Long Term Debt Equity Method Investments [Line Items]
Debt Instrument Maturity Date (String)			06/16
Spread Over LIBOR	1.70%
Debt Instrument, Interest Rate at Period End			2.04%
Equity Method Investment Debt Of Partially Owned Entities			$ 250,000,000	151,214,000
Notes And Loans Payable Refinanced Amount	$ 250,000
Alexanders Inc [Member] \| Rego Park Mortgage [Member]
Schedule Of Long Term Debt Equity Method Investments [Line Items]
Debt Instrument Maturity Date (String)			03/12
Debt Instrument, Interest Rate at Period End			0.75%
Equity Method Investment Debt Of Partially Owned Entities			$ 78,246,000	78,246,000
Alexanders Inc [Member] \| Paramus Mortgage [Member]
Schedule Of Long Term Debt Equity Method Investments [Line Items]
Debt Instrument Maturity Date (String)			10/11
Debt Instrument, Interest Rate at Period End			5.92%
Equity Method Investment Debt Of Partially Owned Entities			$ 68,000,000	68,000,000
Debt Instrument, Interest Rate After Refinancing			2.90%
Toys R Us [Member]
Schedule Of Long Term Debt Equity Method Investments [Line Items]
Equity method ownership percentage			32.70%
Debt Instrument, Interest Rate at Period End			5.02%
Equity Method Investment Debt Of Partially Owned Entities			$ 5,469,168,000	5,880,296,000
Toys R Us [Member] \| Senior Unsecured Notes At 1075 Due 2017 [Member]
Schedule Of Long Term Debt Equity Method Investments [Line Items]
Debt Instrument, Face Amount			$ 950,000,000
Debt Instrument Maturity Date (String)			07/17
Debt Instrument, Interest Rate at Period End			10.75%
Equity Method Investment Debt Of Partially Owned Entities			$ 929,773,000	928,045,000
Toys R Us [Member] \| Senior Unsecured Notes At 850 Due 2017 [Member]
Schedule Of Long Term Debt Equity Method Investments [Line Items]
Debt Instrument, Face Amount			$ 725,000,000
Debt Instrument Maturity Date (String)			12/17
Debt Instrument, Interest Rate at Period End			8.50%
Equity Method Investment Debt Of Partially Owned Entities			$ 716,325,000	715,577,000
Toys R Us [Member] \| Secured Term Loan Facility 700 Mllion [Member]
Schedule Of Long Term Debt Equity Method Investments [Line Items]
Debt Instrument, Face Amount			$ 700,000,000
Debt Instrument Maturity Date (String)			09/16
Debt Instrument, Interest Rate at Period End			6.00%
Equity Method Investment Debt Of Partially Owned Entities			$ 685,595,000	689,757,000
Toys R Us [Member] \| Credit Facility 1.85 Billion [Member]
Schedule Of Long Term Debt Equity Method Investments [Line Items]
Debt Instrument, Face Amount			$ 1,850,000,000
Debt Instrument, Interest Rate at Period End			2.91%
Equity Method Investment Debt Of Partially Owned Entities			$ 173,000,000	519,810,000
Toys R Us [Member] \| Senior Uk Real Estate Facility [Member]
Schedule Of Long Term Debt Equity Method Investments [Line Items]
Equity Method Investment Debt Of Partially Owned Entities			$ 573,207,000	561,559,000
Toys R Us [Member] \| Bonds 7625 [Member]
Schedule Of Long Term Debt Equity Method Investments [Line Items]
Debt Instrument, Interest Rate, Stated Percentage			7.625%
Debt Instrument, Face Amount			$ 500,000,000
Equity Method Investment Debt Of Partially Owned Entities			$ 0	495,943,000
Toys R Us [Member] \| Senior Notes 7875 [Member]
Schedule Of Long Term Debt Equity Method Investments [Line Items]
Debt Instrument, Interest Rate, Stated Percentage			7.875%
Debt Instrument, Face Amount			$ 400,000,000
Debt Instrument Maturity Date (String)			04/13
Debt Instrument, Interest Rate at Period End			9.50%
Equity Method Investment Debt Of Partially Owned Entities			$ 390,135,000	386,167,000
Toys R Us [Member] \| Senior Secured Notes7375 [Member]
Schedule Of Long Term Debt Equity Method Investments [Line Items]
Debt Instrument, Interest Rate, Stated Percentage			7.375%
Debt Instrument, Face Amount			$ 350,000,000
Debt Instrument Maturity Date (String)			09/16
Debt Instrument, Interest Rate at Period End			7.38%
Equity Method Investment Debt Of Partially Owned Entities			$ 358,147,000	350,000,000
Toys R Us [Member] \| Senior Notes 7375 [Member]
Schedule Of Long Term Debt Equity Method Investments [Line Items]
Debt Instrument, Interest Rate, Stated Percentage			7.375%
Debt Instrument, Face Amount			$ 400,000,000
Debt Instrument Maturity Date (String)			10/18
Debt Instrument, Interest Rate at Period End			9.99%
Equity Method Investment Debt Of Partially Owned Entities			$ 347,238,000	343,528,000
Toys R Us [Member] \| Japan Bank Loans [Member]
Schedule Of Long Term Debt Equity Method Investments [Line Items]
Debt Instrument, Maturity Date Range, Start			03/12
Debt Instrument, Maturity Date Range, End			02/16
Debt Instrument, Interest Rate, Stated Percentage Rate Range, Minimum			1.85%
Debt Instrument, Interest Rate, Stated Percentage Rate Range, Maximum			2.85%
Equity Method Investment Debt Of Partially Owned Entities			$ 194,376,000	180,500,000
Toys R Us [Member] \| Spanish Real Estate Facility [Member]
Schedule Of Long Term Debt Equity Method Investments [Line Items]
Debt Instrument Maturity Date (String)			02/13
Debt Instrument, Interest Rate at Period End			4.51%
Equity Method Investment Debt Of Partially Owned Entities			$ 183,857,000	179,511,000
Toys R Us [Member] \| Japan Borrowings [Member]
Schedule Of Long Term Debt Equity Method Investments [Line Items]
Debt Instrument Maturity Date (String)			06/12-06/13
Debt Instrument, Interest Rate at Period End			0.98%
Equity Method Investment Debt Of Partially Owned Entities			$ 108,149,000	141,360,000
Toys R Us [Member] \| Junior Uk Real Estate Facility [Member]
Schedule Of Long Term Debt Equity Method Investments [Line Items]
Debt Instrument Maturity Date (String)			04/13
Debt Instrument, Interest Rate, Stated Percentage Rate Range, Minimum			6.81%
Debt Instrument, Interest Rate, Stated Percentage Rate Range, Maximum			7.84%
Equity Method Investment Debt Of Partially Owned Entities			$ 99,850,000	98,266,000
Toys R Us [Member] \| French Real Estate Facility [Member]
Schedule Of Long Term Debt Equity Method Investments [Line Items]
Debt Instrument Maturity Date (String)			02/13
Debt Instrument, Interest Rate at Period End			4.51%
Equity Method Investment Debt Of Partially Owned Entities			$ 88,696,000	86,599,000
Toys R Us [Member] \| European And Australian Asset Based Revolving Credit Facility [Member]
Schedule Of Long Term Debt Equity Method Investments [Line Items]
Debt Instrument Maturity Date (String)			03/16
Debt Instrument, Interest Rate at Period End			2.89%
Equity Method Investment Debt Of Partially Owned Entities			$ 32,852,000	25,767,000
Toys R Us [Member] \| Debentures 8750 [Member]
Schedule Of Long Term Debt Equity Method Investments [Line Items]
Debt Instrument, Interest Rate, Stated Percentage			8.75%
Debt Instrument, Face Amount			$ 21,600,000
Debt Instrument Maturity Date (String)			09/21
Debt Instrument, Interest Rate at Period End			9.17%
Equity Method Investment Debt Of Partially Owned Entities			$ 21,080,000	21,054,000
Toys R Us [Member] \| Secured Term Loan Facility 400 Million [Member]
Schedule Of Long Term Debt Equity Method Investments [Line Items]
Debt Instrument, Interest Rate, Stated Percentage			5.25%
Debt Instrument Maturity Date (String)			05/18
Equity Method Investment Debt Of Partially Owned Entities			$ 396,082,000	0
Toys R Us [Member] \| Other Investments [Member]
Schedule Of Long Term Debt Equity Method Investments [Line Items]
Equity Method Investment Debt Of Partially Owned Entities			$ 170,806,000	156,853,000
Lexington Realty Trust [Member]
Schedule Of Long Term Debt Equity Method Investments [Line Items]
Equity method ownership percentage			11.70%		13.80%
Lexington Realty Trust [Member] \| Lexington Mortgage Notes Payable [Member]
Schedule Of Long Term Debt Equity Method Investments [Line Items]
Debt Instrument, Maturity Date Range, Start		2011
Debt Instrument, Maturity Date Range, End		2037
Debt Instrument, Interest Rate at Period End			5.80%
Equity Method Investment Debt Of Partially Owned Entities			$ 1,728,515,000	1,927,729,000
LNR [Member]
Schedule Of Long Term Debt Equity Method Investments [Line Items]
Equity method ownership percentage			26.20%
Equity Method Investment Debt Of Partially Owned Entities			$ 138,872,441,000	142,509,880,000
LNR [Member] \| LNR mortgage notes payable [Member]
Schedule Of Long Term Debt Equity Method Investments [Line Items]
Debt Instrument, Maturity Date Range, Start		2011
Debt Instrument, Maturity Date Range, End		2043
Debt Instrument, Interest Rate at Period End			4.75%
Equity Method Investment Debt Of Partially Owned Entities			$ 331,411,000	508,547,000
LNR [Member] \| Liabilities Of Consolidated Cmbs And Cdo Trusts [Member]
Schedule Of Long Term Debt Equity Method Investments [Line Items]
Debt Instrument, Interest Rate at Period End			5.30%
Equity Method Investment Debt Of Partially Owned Entities			$ 138,541,030,000	142,001,333,000
Partially owned office buildings [Member] \| Park Avenue [Member]
Schedule Of Long Term Debt Equity Method Investments [Line Items]
Debt Instrument, Face Amount			$ 740,000,000
Debt Instrument Maturity Date (String)			06/16
Debt Instrument, Interest Rate at Period End			3.93%
Equity Method Investment Debt Of Partially Owned Entities			$ 818,564,000
Partially owned office buildings [Member] \| One Park Avenue [Member]
Schedule Of Long Term Debt Equity Method Investments [Line Items]
Equity method ownership percentage			30.30%
Debt Instrument Maturity Date (String)			03/16
Debt Instrument, Interest Rate at Period End			5.00%
Equity Method Investment Debt Of Partially Owned Entities			$ 250,000,000
Partially owned office buildings [Member] \| Warner Building [Member]
Schedule Of Long Term Debt Equity Method Investments [Line Items]
Equity method ownership percentage			55.00%
Debt Instrument Maturity Date (String)			05/16
Debt Instrument, Interest Rate at Period End			6.26%
Equity Method Investment Debt Of Partially Owned Entities			$ 292,700,000	292,700,000
Partially owned office buildings [Member] \| Madison Avenue [Member]
Schedule Of Long Term Debt Equity Method Investments [Line Items]
Equity method ownership percentage			25.00%
Debt Instrument Maturity Date (String)			06/15
Debt Instrument, Interest Rate at Period End			1.77%
Equity Method Investment Debt Of Partially Owned Entities			$ 150,000,000	150,000,000
Partially owned office buildings [Member] \| Kaempfer Properties [Member]
Schedule Of Long Term Debt Equity Method Investments [Line Items]
Equity method ownership percentage range minimum			2.50%
Equity method ownership percentage range maximum			5.00%
Debt Instrument, Maturity Date Range, Start			11/11
Debt Instrument, Maturity Date Range, End			12/11
Debt Instrument, Interest Rate at Period End			5.86%
Equity Method Investment Debt Of Partially Owned Entities			$ 137,460,000	139,337,000
Partially owned office buildings [Member] \| Fairfax Square [Member]
Schedule Of Long Term Debt Equity Method Investments [Line Items]
Equity method ownership percentage			20.00%
Debt Instrument Maturity Date (String)			12/14
Debt Instrument, Interest Rate at Period End			7.00%
Equity Method Investment Debt Of Partially Owned Entities			$ 71,176,000	71,764,000
Partially owned office buildings [Member] \| Rosslyn Plaza [Member]
Schedule Of Long Term Debt Equity Method Investments [Line Items]
Equity method ownership percentage			46.00%
Debt Instrument Maturity Date (String)			12/11
Debt Instrument, Interest Rate at Period End			1.22%
Equity Method Investment Debt Of Partially Owned Entities			$ 56,680,000	56,680,000
Partially owned office buildings [Member] \| West 34th Street [Member]
Schedule Of Long Term Debt Equity Method Investments [Line Items]
Equity method ownership percentage			34.80%
Debt Instrument Maturity Date (String)			07/22
Debt Instrument, Interest Rate at Period End			5.71%
Equity Method Investment Debt Of Partially Owned Entities			$ 50,150,000	50,150,000
Partially owned office buildings [Member] \| West 57th Street [Member]
Schedule Of Long Term Debt Equity Method Investments [Line Items]
Equity method ownership percentage			50.00%
Debt Instrument Maturity Date (String)			02/14
Debt Instrument, Interest Rate at Period End			4.94%
Equity Method Investment Debt Of Partially Owned Entities			$ 22,060,000	22,922,000
Partially owned office buildings [Member] \| Seventh Avenue [Member]
Schedule Of Long Term Debt Equity Method Investments [Line Items]
Equity method ownership percentage			50.00%
Debt Instrument Maturity Date (String)			10/14
Debt Instrument, Interest Rate at Period End			8.07%
Equity Method Investment Debt Of Partially Owned Entities			$ 20,205,000	20,565,000
India real estate ventures [Member] \| Tcg Urban Infrastructure Holdings [Member]
Schedule Of Long Term Debt Equity Method Investments [Line Items]
Equity method ownership percentage			25.00%
Debt Instrument, Maturity Date Range, Start			2011
Debt Instrument, Maturity Date Range, End			2022
Debt Instrument, Interest Rate at Period End			11.81%
Equity Method Investment Debt Of Partially Owned Entities			$ 238,957,000	196,319,000
India real estate ventures [Member] \| India Property Fund Lp [Member]
Schedule Of Long Term Debt Equity Method Investments [Line Items]
Equity method ownership percentage range minimum			4.00%
Equity method ownership percentage range maximum			36.50%
Other equity method investments [Member] \| Verde Realty Operating Partnership [Member]
Schedule Of Long Term Debt Equity Method Investments [Line Items]
Equity method ownership percentage			8.30%
Debt Instrument, Maturity Date Range, Start			2013
Debt Instrument, Maturity Date Range, End			2025
Debt Instrument, Interest Rate at Period End			6.18%
Equity Method Investment Debt Of Partially Owned Entities			$ 353,346,000	581,086,000
Other equity method investments [Member] \| Green Courte Real Estate Partners Llc [Member]
Schedule Of Long Term Debt Equity Method Investments [Line Items]
Equity method ownership percentage			8.30%
Debt Instrument, Maturity Date Range, Start			2011
Debt Instrument, Maturity Date Range, End			2018
Debt Instrument, Interest Rate at Period End			5.57%
Equity Method Investment Debt Of Partially Owned Entities			$ 294,292,000	296,991,000
Other equity method investments [Member] \| Waterfront Associates Llc [Member]
Schedule Of Long Term Debt Equity Method Investments [Line Items]
Equity method ownership percentage			2.50%
Equity Method Investment Debt Of Partially Owned Entities			$ 0	217,106,000
Other equity method investments [Member] \| Monmouth Mall [Member]
Schedule Of Long Term Debt Equity Method Investments [Line Items]
Equity method ownership percentage			50.00%
Debt Instrument, Maturity Date Range, Start			02/14
Debt Instrument, Maturity Date Range, End			09/15
Debt Instrument, Interest Rate at Period End			5.35%
Equity Method Investment Debt Of Partially Owned Entities			$ 171,755,000	164,474,000
Other equity method investments [Member] \| Wells Kinzie Garage [Member]
Schedule Of Long Term Debt Equity Method Investments [Line Items]
Equity method ownership percentage			50.00%
Debt Instrument Maturity Date (String)			12/17
Debt Instrument, Interest Rate at Period End			5.00%
Equity Method Investment Debt Of Partially Owned Entities			$ 14,856,000	15,022,000
Other equity method investments [Member] \| Orleans Hubbard Garage [Member]
Schedule Of Long Term Debt Equity Method Investments [Line Items]
Equity method ownership percentage			50.00%
Debt Instrument Maturity Date (String)			12/17
Debt Instrument, Interest Rate at Period End			5.00%
Equity Method Investment Debt Of Partially Owned Entities			$ 9,403,000	9,508,000
Other equity method investments [Member] \| Other Equity Method Investments Other [Member]
Schedule Of Long Term Debt Equity Method Investments [Line Items]
Debt Instrument, Interest Rate at Period End			4.61%
Equity Method Investment Debt Of Partially Owned Entities			$ 663,162,000	$ 418,339,000

Investments in Partially Owned Entities (Parentheticals) (Details) - Lexington Realty Trust [Member] - USD ($) $ in Thousands	3 Months Ended	9 Months Ended		12 Months Ended
	Sep. 30, 2011	Sep. 30, 2011	Sep. 30, 2010	Dec. 31, 2008
Gain on Stock Issuance	$ 8,308	$ 9,760	$ 5,998
Prior Period Non Cash Impairment Charges				$ 107,882

Mezzanine Loans Receivable (Details) - USD ($) $ in Thousands	2 Months Ended	9 Months Ended
	Mar. 02, 2011	Sep. 30, 2011	Dec. 31, 2010
Mezzanine Loan Receivable - Interest Rate		5.57%
Valuation allowance		$ 0	$ (73,216)
Notes receivable, net		$ 156,365	202,412
Mezzanine Loans Receiveable - Maturity Start Date		November 2011
Mezzanine Loans Receiveable - Maturity End Date		August 2015
Tharaldson Lodging Companies [Member]
Notes receivable, net	$ 60,416
Gain Loss On Sale Of Notes Receivable	10,474
Proceeds From Sale Of Notes Receivable	$ 70,848
Park Avenue [Member]
Notes receivable, net			$ 1,480
Face Amount Of Mezzanine Loan Contributed To Joint Venture		$ 73,750
Income From Reversal Of Loan Loss Reserve		63,145
Interest Income On Notes Receivable Previously Unrecognized		9,125
Income From Reversal of Loan Loss Reserve and Recognition of Previously Unrecognized Interest Income		$ 72,270

Discontinued Operations (Details) $ in Thousands, sqft in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2011 USD ($)	Sep. 30, 2010 USD ($)	Sep. 30, 2011 USD ($) sqft	Sep. 30, 2010 USD ($)	Dec. 31, 2010 USD ($)
Discontinued Operation, Income (Loss) from Discontinued Operation Disclosures [Abstract]
Total revenues	$ 9,744	$ 20,163	$ 36,486	$ 61,883
Total expenses	6,061	18,830	25,723	58,508
Operating Income from Discontinued Operations	3,683	1,333	10,763	3,375
Net gain on extinguishment of debt	0	0
Disposal Group Including Discontinued Operation Litigation Loss Accruals Impairments		(5,000)	0	(15,056)
Income (loss) from discontinued operations	3,683	$ (3,667)	146,293	(11,681)
Disposal Group Including Discontinued Operation Unclassified Balance Sheet Disclosures Abstract
Assets related to discontinued operations	253,352		253,352		$ 519,285
Liabilities related to discontinued operations	8,954		8,954		267,652
Other real estate [Member]
Disposal Group Including Discontinued Operation Additional Disclosures Abstract
Cash Sale of Real Estate			40,990
Discontinued Operation, Income (Loss) from Discontinued Operation Disclosures [Abstract]
Net gains on sale of real estate	0		5,761
Washington DC1140 Connecticut Avenue [Member]
Disposal Group Including Discontinued Operation Unclassified Balance Sheet Disclosures Abstract
Assets related to discontinued operations	0		0		36,271
Liabilities related to discontinued operations	0		0		18,948
Washington DC1227 Twenty Fifth Street [Member]
Disposal Group Including Discontinued Operation Unclassified Balance Sheet Disclosures Abstract
Assets related to discontinued operations	0		0		43,630
Liabilities related to discontinued operations	0		0		0
High Point Complex [Member]
Discontinued Operation, Income (Loss) from Discontinued Operation Disclosures [Abstract]
Net gain on extinguishment of debt			83,907	$ 0
Disposal Group Including Discontinued Operation Unclassified Balance Sheet Disclosures Abstract
Assets related to discontinued operations	0		0		154,563
Liabilities related to discontinued operations	0		0		236,974
Retail Properties [Member]
Disposal Group Including Discontinued Operation Unclassified Balance Sheet Disclosures Abstract
Assets related to discontinued operations	83,019		83,019		121,837
Liabilities related to discontinued operations	7,826		7,826		11,730
Washington DC 1140 Connecticut Avenue and 1227 Twenty Fifth Street [Member]
Disposal Group Including Discontinued Operation Additional Disclosures Abstract
Cash Sale of Real Estate			127,000
Discontinued Operation, Income (Loss) from Discontinued Operation Disclosures [Abstract]
Net gains on sale of real estate			$ 45,862
West Mart 350 [Member]
Disposal Group Including Discontinued Operation Additional Disclosures Abstract
Square Footage Of Real Estate Property \| sqft			1.2
Disposal Group Including Discontinued Operation Unclassified Balance Sheet Disclosures Abstract
Assets related to discontinued operations	170,333		$ 170,333		162,984
Liabilities related to discontinued operations	$ 1,128		$ 1,128		$ 0

Identified Intangible Assets and Intangible Liabilities (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2011	Sep. 30, 2010	Sep. 30, 2011	Sep. 30, 2010	Dec. 31, 2010
Finite Lived Intangible Assets [Line Items]
Identified intangible assets (included in other assets): Gross	$ 690,996		$ 690,996		$ 681,270
Identified intangible assets (included in other assets): Accumulated amortization	(356,118)		(356,118)		(335,113)
Finite-Lived Intangible Assets, Net, Total	334,878		334,878		346,157
Identified intangible liabilities (included in deferred credit): Gross	861,696		861,696		856,689
Identified intangible liabilities (included in deferred credit): Accumulated amortization	(380,198)		(380,198)		(335,317)
Identified intangible liabilities (included in deferred credit): Net	481,498		481,498		$ 521,372
Below Market Leases Net Of Above Market Leases [Member]
Finite Lived Intangible Assets [Line Items]
Amortization of Intangible Assets	16,100	$ 16,756	49,387	$ 48,476
Future Amortization Expense, Year One			51,092
Future Amortization Expense, Year Two			43,174
Future Amortization Expense, Year Three			37,419
Future Amortization Expense, Year Four			34,673
Future Amortization Expense, Year Five			31,281
Other Identified Intangible Assets [Member]
Finite Lived Intangible Assets [Line Items]
Amortization of Intangible Assets	16,059	15,032	43,782	45,317
Future Amortization Expense, Year One			47,168
Future Amortization Expense, Year Two			39,703
Future Amortization Expense, Year Three			21,398
Future Amortization Expense, Year Four			16,471
Future Amortization Expense, Year Five			13,924
Tenant Under Ground Leases [Member]
Finite Lived Intangible Assets [Line Items]
Amortization of Intangible Assets	$ 344	$ 539	1,033	$ 1,618
Future Amortization Expense, Year One			1,377
Future Amortization Expense, Year Two			1,377
Future Amortization Expense, Year Three			1,377
Future Amortization Expense, Year Four			1,377
Future Amortization Expense, Year Five			$ 1,377

Debt (Details) - USD ($) $ in Thousands	9 Months Ended
Debt (Details) - USD ($) $ in Thousands	Sep. 30, 2011	Jun. 07, 2011	Dec. 31, 2010
Notes and mortgages payable	$ 8,462,191		$ 8,255,101
Senior unsecured notes	959,421		1,082,928
Exchangeable senior debentures	496,139		491,000
Convertible senior debentures	188,799		186,413
Revolving credit facility debt	$ 300,000		874,000
Notes And Mortgages Payable Fixed Rate [Member]
Interest Rate, End of Period	5.52%
Notes and mortgages payable	$ 6,701,457		6,248,841
Notes And Mortgages Payable Fixed Rate [Member] \| Retail Other [Member]
Maturity, Range, End	05/36
Maturity, Range, Start	03/12
Interest Rate, Range, Minimum	5.12%
Interest Rate, Range, Maximum	7.30%
Notes and mortgages payable	$ 95,962		97,054
Notes And Mortgages Payable Fixed Rate [Member] \| Retail Las Catalinas Mall [Member]
Debt Instrument Maturity	11/13
Interest Rate, End of Period	6.97%
Notes and mortgages payable	$ 56,488		57,737
Notes And Mortgages Payable Fixed Rate [Member] \| Retail 828-850 Madison Avenue Condominium [Member]
Debt Instrument Maturity	06/18
Interest Rate, End of Period	5.29%
Notes and mortgages payable	$ 80,000		80,000
Notes And Mortgages Payable Fixed Rate [Member] \| Retail Broadway Mall [Member]
Debt Instrument Maturity	07/13
Interest Rate, End of Period	5.30%
Notes and mortgages payable	$ 88,383		90,227
Notes And Mortgages Payable Fixed Rate [Member] \| Retail Montehiedra Town Center [Member]
Debt Instrument Maturity	07/16
Interest Rate, End of Period	6.04%
Notes and mortgages payable	$ 120,000		120,000
Notes And Mortgages Payable Fixed Rate [Member] \| Retail 510 5th Avenue [Member]
Debt Instrument Maturity	01/16
Interest Rate, End of Period	5.60%
Notes and mortgages payable	$ 31,850		32,189
Notes And Mortgages Payable Fixed Rate [Member] \| Retail North Bergen Tonnelle Avenue [Member]
Debt Instrument Maturity	01/18
Interest Rate, End of Period	4.59%
Notes and mortgages payable	$ 75,000		0
Notes And Mortgages Payable Fixed Rate [Member] \| Retail Cross Collateralized Mortgages On 40 Strip Shopping Centers [Member]
Debt Instrument Maturity	09/20
Interest Rate, End of Period	4.20%
Notes and mortgages payable	$ 588,377		597,138
Notes And Mortgages Payable Fixed Rate [Member] \| Other Industrial Warehouses [Member]
Notes and mortgages payable	$ 0		24,358
Notes And Mortgages Payable Fixed Rate [Member] \| Other 555 California Street [Member]
Debt Instrument Maturity	09/21
Interest Rate, End of Period	5.10%
Notes and mortgages payable	$ 600,000		640,911
Notes And Mortgages Payable Fixed Rate [Member] \| Other Borgata Land [Member]
Debt Instrument Maturity	02/21
Interest Rate, End of Period	5.14%
Notes and mortgages payable	$ 60,000		0
Notes And Mortgages Payable Fixed Rate [Member] \| Merchandise Mart Washington Design Center [Member]
Notes and mortgages payable	$ 0		43,447
Notes And Mortgages Payable Fixed Rate [Member] \| Merchandise Mart Boston Design Center [Member]
Debt Instrument Maturity	09/15
Interest Rate, End of Period	5.02%
Notes and mortgages payable	$ 67,655		68,538
Notes And Mortgages Payable Fixed Rate [Member] \| Merchandise Mart Merchandise Mart [Member]
Debt Instrument Maturity	12/16
Interest Rate, End of Period	5.57%
Notes and mortgages payable	$ 550,000		550,000
Notes And Mortgages Payable Fixed Rate [Member] \| Washington DC Office 1800, 1851 And 1901 South Bell Street [Member]
Debt Instrument Maturity	12/11
Interest Rate, End of Period	6.91%
Notes and mortgages payable	$ 2,610		10,099
Notes And Mortgages Payable Fixed Rate [Member] \| Washington DC Office 1225 Clark Street [Member]
Debt Instrument Maturity	08/13
Interest Rate, End of Period	7.08%
Notes and mortgages payable	$ 26,571		27,616
Notes And Mortgages Payable Fixed Rate [Member] \| Washington DC Office 2011 Crystal Drive [Member]
Debt Instrument Maturity	08/17
Interest Rate, End of Period	7.30%
Notes and mortgages payable	$ 80,711		81,362
Notes And Mortgages Payable Fixed Rate [Member] \| Washington DC Office 1750 Pennsylvania Avenue [Member]
Debt Instrument Maturity	06/12
Interest Rate, End of Period	7.26%
Notes and mortgages payable	$ 44,538		45,132
Notes And Mortgages Payable Fixed Rate [Member] \| Washington DC Office 2231 Crystal Drive [Member]
Debt Instrument Maturity	08/13
Interest Rate, End of Period	7.08%
Notes and mortgages payable	$ 44,422		46,358
Notes And Mortgages Payable Fixed Rate [Member] \| Washington DC Office 1235 Clark Street [Member]
Debt Instrument Maturity	07/12
Interest Rate, End of Period	6.75%
Notes and mortgages payable	$ 51,569		52,314
Notes And Mortgages Payable Fixed Rate [Member] \| Washington DC Office Universal Buildings [Member]
Debt Instrument Maturity	04/14
Interest Rate, End of Period	6.42%
Notes and mortgages payable	$ 99,456		103,049
Notes And Mortgages Payable Fixed Rate [Member] \| Washington DC Office 1550 And 1750 Crystal Drive [Member]
Debt Instrument Maturity	11/14
Interest Rate, End of Period	7.08%
Notes and mortgages payable	$ 77,292		79,411
Notes And Mortgages Payable Fixed Rate [Member] \| Washington DC Office Reston Executive I, II, And III [Member]
Debt Instrument Maturity	01/13
Interest Rate, End of Period	5.57%
Notes and mortgages payable	$ 93,000		93,000
Notes And Mortgages Payable Fixed Rate [Member] \| Washington DC Office Bowen Building [Member]
Debt Instrument Maturity	06/16
Interest Rate, End of Period	6.14%
Notes and mortgages payable	$ 115,022		115,022
Notes And Mortgages Payable Fixed Rate [Member] \| Washington DC Office 1215 Clark Street, 200 12th Street And 251 18th Street [Member]
Debt Instrument Maturity	01/25
Interest Rate, End of Period	7.09%
Notes and mortgages payable	$ 109,067		110,931
Notes And Mortgages Payable Fixed Rate [Member] \| Washington DC Office River House Apartments [Member]
Debt Instrument Maturity	04/15
Interest Rate, End of Period	5.43%
Notes and mortgages payable	$ 195,546		195,546
Notes And Mortgages Payable Fixed Rate [Member] \| Washington DC Office Skyline Place [Member]
Debt Instrument Maturity	02/17
Interest Rate, End of Period	5.74%
Notes and mortgages payable	$ 678,000		678,000
Notes And Mortgages Payable Fixed Rate [Member] \| Washington Dc Office 220 20th Street [Member]
Debt Instrument Maturity	02/18
Interest Rate, End of Period	4.61%
Notes and mortgages payable	$ 75,323		0
Notes And Mortgages Payable Fixed Rate [Member] \| Washington DC Office West End 25 [Member]
Debt Instrument Maturity	06/21
Interest Rate, End of Period	4.88%
Notes and mortgages payable	$ 101,671		0
Notes And Mortgages Payable Fixed Rate [Member] \| Washington Dc Office2121 Crystal Drive [Member]
Debt Instrument Maturity	03/23
Interest Rate, End of Period	5.51%
Notes and mortgages payable	$ 150,000		0
Notes And Mortgages Payable Fixed Rate [Member] \| New York Office Eleven Penn Plaza [Member]
Debt Instrument Maturity	12/11
Interest Rate, End of Period	5.20%
Notes and mortgages payable	$ 196,253		199,320
Notes And Mortgages Payable Fixed Rate [Member] \| New York Office 909 Third Avenue [Member]
Debt Instrument Maturity	04/15
Interest Rate, End of Period	5.64%
Notes and mortgages payable	$ 204,203		207,045
Notes And Mortgages Payable Fixed Rate [Member] \| New York Office Two Penn Plaza [Member]
Debt Instrument Maturity	03/18
Interest Rate, End of Period	5.13%
Notes and mortgages payable	$ 425,000		277,347
Notes And Mortgages Payable Fixed Rate [Member] \| New York Office 888 Seventh Avenue [Member]
Debt Instrument Maturity	01/16
Interest Rate, End of Period	5.71%
Notes and mortgages payable	$ 318,554		318,554
Notes And Mortgages Payable Fixed Rate [Member] \| New York Office 770 Broadway [Member]
Debt Instrument Maturity	03/16
Interest Rate, End of Period	5.65%
Notes and mortgages payable	$ 353,000		353,000
Notes And Mortgages Payable Fixed Rate [Member] \| New York Office 350 Park Avenue [Member]
Debt Instrument Maturity	01/12
Interest Rate, End of Period	5.48%
Notes and mortgages payable	$ 430,000		430,000
Notes And Mortgages Payable Fixed Rate [Member] \| New York Office 1290 Avenue Of Americas [Member]
Debt Instrument Maturity	01/13
Interest Rate, End of Period	5.97%
Notes and mortgages payable	$ 415,934		424,136
Notes And Mortgages Payable Variable Rate [Member]
Interest Rate, End of Period	2.19%
Notes and mortgages payable	$ 1,760,734		2,006,260
Notes And Mortgages Payable Variable Rate [Member] \| Other Other [Member]
Debt Instrument Maturity	11/11
Spread Over LIBOR	2.50%
Interest Rate, End of Period	2.75%
Notes and mortgages payable	$ 22,400		66,267
Notes And Mortgages Payable Variable Rate [Member] \| Other 220 Central Park South [Member]
Debt Instrument Maturity	10/11
Spread Over LIBOR Minimum	2.35%
Spread Over LIBOR Maximum	2.45%
Interest Rate, End of Period	2.61%
Notes and mortgages payable	$ 123,750		123,750
Notes And Mortgages Payable Variable Rate [Member] \| Retail 435 Seventh Avenue [Member]
Debt Instrument Maturity	08/14
Spread Over LIBOR	3.00%
Interest Rate, End of Period	5.00%
Notes and mortgages payable	$ 51,479		51,844
Notes And Mortgages Payable Variable Rate [Member] \| Retail 4 Union Square South [Member]
Debt Instrument Maturity	04/14
Spread Over LIBOR	3.25%
Interest Rate, End of Period	3.52%
Notes and mortgages payable	$ 75,000		75,000
Notes And Mortgages Payable Variable Rate [Member] \| Retail Beverly Connection [Member]
Debt Instrument Maturity	10/11
Spread Over LIBOR	3.50%
Interest Rate, End of Period	5.00%
Notes and mortgages payable	$ 100,000		100,000
Notes And Mortgages Payable Variable Rate [Member] \| Retail Bergen Town Center [Member]
Debt Instrument Maturity	03/13
Spread Over LIBOR	1.50%
Interest Rate, End of Period	1.76%
Notes and mortgages payable	$ 279,044		279,044
Notes And Mortgages Payable Variable Rate [Member] \| Retail Green Acres Mall [Member]
Debt Instrument Maturity	02/13
Spread Over LIBOR	1.40%
Interest Rate, End of Period	1.73%
Notes and mortgages payable	$ 325,045		335,000
Notes And Mortgages Payable Variable Rate [Member] \| Retail Other [Member]
Debt Instrument Maturity	11/12
Spread Over LIBOR	3.75%
Interest Rate, End of Period	3.97%
Notes and mortgages payable	$ 20,983		21,862
Notes And Mortgages Payable Variable Rate [Member] \| Retail San Jose Strip Centre [Member]
Debt Instrument Maturity	03/13
Interest Rate, End of Period	4.25%
Notes and mortgages payable	$ 113,641		120,863
Notes And Mortgages Payable Variable Rate [Member] \| Retail Cross Collateralized Mortgages On 40 Strip Shopping Centers [Member]
Debt Instrument Maturity	09/20
Spread Over LIBOR	1.36%
Interest Rate, End of Period	2.36%
Notes and mortgages payable	$ 60,000		60,000
Notes And Mortgages Payable Variable Rate [Member] \| Washington DC Office 1730 M And 1150 17th Street [Member]
Debt Instrument Maturity	06/14
Spread Over LIBOR	1.40%
Interest Rate, End of Period	1.72%
Notes and mortgages payable	$ 43,581		43,581
Notes And Mortgages Payable Variable Rate [Member] \| Washington DC Office River House Apartments [Member]
Debt Instrument Maturity	04/18
Interest Rate, End of Period	1.53%
Notes and mortgages payable	$ 64,000		64,000
Notes And Mortgages Payable Variable Rate [Member] \| Washington DC 2200/2300 Clarendon Boulevard [Member]
Debt Instrument Maturity	01/15
Spread Over LIBOR	0.75%
Interest Rate, End of Period	0.98%
Notes and mortgages payable	$ 54,833		59,278
Notes And Mortgages Payable Variable Rate [Member] \| Washington Dc Office 220 20th Street [Member]
Notes and mortgages payable	0		83,573
Notes And Mortgages Payable Variable Rate [Member] \| Washington DC Office West End 25 [Member]
Notes and mortgages payable	$ 0		95,220
Notes And Mortgages Payable Variable Rate [Member] \| Washington DC Office 2101 L Street [Member]
Debt Instrument Maturity	02/13
Spread Over LIBOR	1.20%
Interest Rate, End of Period	1.45%
Notes and mortgages payable	$ 150,000		150,000
Notes And Mortgages Payable Variable Rate [Member] \| New York Office 866 UN Plaza [Member]
Debt Instrument Maturity	05/16
Spread Over LIBOR	1.25%
Interest Rate, End of Period	1.52%
Notes and mortgages payable	$ 44,978		44,978
Notes And Mortgages Payable Variable Rate [Member] \| New York Office Manhattan Mall [Member]
Debt Instrument Maturity	02/12
Spread Over LIBOR	0.55%
Interest Rate, End of Period	0.78%
Notes and mortgages payable	$ 232,000		232,000
Total Notes And Mortgages Payable [Member]
Interest Rate, End of Period	4.83%
Senior Unsecured Notes [Member]
Interest Rate, End of Period	5.99%
Senior Unsecured Notes [Member] \| Senior Unsecured Notes Due 2011 [Member]
Senior unsecured notes	$ 0		100,382
Senior Unsecured Notes [Member] \| Senior Unsecured Notes Due 2039 [Member]
Debt Instrument Maturity	10/39
Interest Rate, End of Period	7.88%
Senior unsecured notes	$ 460,000		460,000
Senior Unsecured Notes [Member] \| Senior Unsecured Notes Due 2015 [Member]
Debt Instrument Maturity	04/15
Interest Rate, End of Period	4.25%
Senior unsecured notes	$ 499,421		499,296
Senior Unsecured Notes [Member] \| Floating Rate Senior Unsecured Notes Due 2011 [Member]
Senior unsecured notes	$ 0		23,250
Exchangeable Senior Debentures [Member] \| Exchangeable Senior Debenture 3.88% Due 2025 [Member]
Debt Instrument Maturity	04/12
Interest Rate, End of Period	5.32%
Interest Rate, Stated	3.88%
Convertible Senior Debentures [Member]
Interest Rate, End of Period	5.33%
Convertible Senior Debentures [Member] \| Convertible Senior Debenture 3.63% Due 2026 [Member]
Debt Instrument Maturity	11/11
Interest Rate, End of Period	5.32%
Convertible senior debentures	$ 178,696		176,499
Interest Rate, Stated	3.63%
Convertible Senior Debentures [Member] \| Convertible Senior Debenture 2.85% Due 2027 [Member]
Debt Instrument Maturity	04/12
Interest Rate, End of Period	5.45%
Convertible senior debentures	$ 10,103		9,914
Interest Rate, Stated	2.85%
Unsecured Revolving Credit Facilities [Member]
Interest Rate, End of Period	0.75%
Unsecured Revolving Credit Facilities [Member] \| Unsecured Revolving Credit Facility $1.595 Billion [Member]
Debt Instrument Maturity	09/12
Spread Over LIBOR	0.55%
Interest Rate, End of Period	0.75%
Revolving credit facility debt	$ 300,000		669,000
Line of Credit Facility, Maximum Borrowing Capacity	$ 1,595,000
Unsecured Revolving Credit Facilities [Member] \| Unsecured Revolving Credit Facility $1.25 Billion Maturing 06/16 [Member]
Debt Instrument Maturity	06/16
Spread Over LIBOR	1.35%
Interest Rate, End of Period
Revolving credit facility debt	$ 0		$ 205,000
Line of Credit Facility, Maximum Borrowing Capacity	1,250,000	$ 1,000,000
Unsecured Revolving Credit Facility Reserved For Outstanding Letters Of Credit	$ 22,085

Debt (Parentheticals) (Details) $ in Thousands	9 Months Ended
Debt (Parentheticals) (Details) $ in Thousands	Sep. 30, 2011 USD ($)	Sep. 01, 2011 USD ($)	Jun. 07, 2011 USD ($)	May 31, 2011 USD ($)	Feb. 11, 2011 USD ($)	Feb. 10, 2011 USD ($)	Jan. 31, 2011 USD ($)	Jan. 18, 2011 USD ($)	Jan. 10, 2011 USD ($)
Unsecured Revolving Credit Facilities [Member]
Debt Instrument, Interest Rate at Period End	0.75%
Unsecured Revolving Credit Facilities [Member] \| Unsecured Revolving Credit Facility $1.595 Billion [Member]
Spread Over LIBOR	0.55%
Debt Instrument, Interest Rate at Period End	0.75%
Line of Credit Facility, Maximum Borrowing Capacity	$ 1,595,000
Unsecured Revolving Credit Facilities [Member] \| Unsecured Revolving Credit Facility $1.25 Billion Maturing 06/16 [Member]
Spread Over LIBOR	1.35%
Debt Instrument, Interest Rate at Period End
Line of Credit Facility, Maximum Borrowing Capacity	$ 1,250,000		$ 1,000,000
Line of Credit Facility, Commitment Fee Percentage	0.30%
Unsecured Revolving Credit Facilities [Member] \| New Unsecured Revolving Credit Facility $1.25 Billion
Spread Over LIBOR	1.25%
Line of Credit Facility, Maximum Borrowing Capacity	$ 1,250,000
Line of Credit Facility, Commitment Fee Percentage	0.25%
Convertible Senior Debentures [Member]
Debt Instrument, Interest Rate at Period End	5.33%
Convertible Senior Debentures [Member] \| Convertible Senior Debenture 3.63% Due 2026 [Member]
Debt Instrument, Interest Rate at Period End	5.32%
Convertible Senior Debentures [Member] \| Convertible Senior Debenture 2.85% Due 2027 [Member]
Debt Instrument, Interest Rate at Period End	5.45%
Exchangeable Senior Debentures [Member] \| Exchangeable Senior Debenture 3.88% Due 2025 [Member]
Debt Instrument, Interest Rate at Period End	5.32%
Senior Unsecured Notes [Member]
Debt Instrument, Interest Rate at Period End	5.99%
Senior Unsecured Notes [Member] \| Senior Unsecured Notes Due 2039 [Member]
Debt Instrument, Interest Rate at Period End	7.88%
Notes And Mortgages Payable Variable Rate [Member]
Debt Instrument, Interest Rate at Period End	2.19%
Notes And Mortgages Payable Variable Rate [Member] \| New York Office 866 UN Plaza [Member]
Spread Over LIBOR	1.25%
Debt Instrument, Interest Rate at Period End	1.52%
Notes And Mortgages Payable Variable Rate [Member] \| Washington DC Office River House Apartments [Member]
Spread over Freddie Mac Interest Rate	1.53%
Debt Instrument, Interest Rate at Period End	1.53%
Notes And Mortgages Payable Variable Rate [Member] \| Retail Beverly Connection [Member]
Spread Over LIBOR	3.50%
Debt Instrument, Interest Rate at Period End	5.00%
Notes And Mortgages Payable Variable Rate [Member] \| Retail Cross Collateralized Mortgages On 40 Strip Shopping Centers [Member]
Spread Over LIBOR	1.36%
LIBOR Floor	1.00%
Debt Instrument, Interest Rate at Period End	2.36%
Notes And Mortgages Payable Variable Rate [Member] \| Retail 435 Seventh Avenue [Member]
Spread Over LIBOR	3.00%
LIBOR Floor	2.00%
Debt Instrument, Interest Rate at Period End	5.00%
Notes And Mortgages Payable Variable Rate [Member] \| Retail Beverly Connection New Loan [Member]
Spread Over LIBOR	4.25%
LIBOR Floor	0.50%
Notes And Mortgages Payable Fixed Rate [Member]
Debt Instrument, Interest Rate at Period End	5.52%
Notes And Mortgages Payable Fixed Rate [Member] \| New York Office Two Penn Plaza [Member]
Debt Instrument, Interest Rate at Period End	5.13%
Swapped Loan Spread Over Libor					2.00%
Notes And Loans Payable Refinanced Amount					$ 425,000
Retained Proceeds From Refinancing					$ 139,000
Debt Amortization Period					30
Notes And Mortgages Payable Fixed Rate [Member] \| Washington Dc Office2121 Crystal Drive [Member]
Debt Instrument, Interest Rate at Period End	5.51%
Notes And Loans Payable Financing Amount						$ 150,000
Debt Amortization Period						30
Notes And Mortgages Payable Fixed Rate [Member] \| Washington Dc Office 220 20th Street [Member]
Debt Instrument, Interest Rate at Period End	4.61%
Notes And Loans Payable Financing Amount								$ 76,100
Debt Amortization Period								30
Notes And Mortgages Payable Fixed Rate [Member] \| Retail North Bergen Tonnelle Avenue [Member]
Debt Instrument, Interest Rate at Period End	4.59%
Notes And Loans Payable Financing Amount									$ 75,000
Debt Amortization Period									25
Notes And Mortgages Payable Fixed Rate [Member] \| Other 555 California Street [Member]
Debt Instrument, Interest Rate at Period End	5.10%
Notes And Loans Payable Refinanced Amount		$ 600,000
Debt Amortization Period		30
Notes And Mortgages Payable Fixed Rate [Member] \| Other Borgata Land [Member]
Debt Instrument, Interest Rate at Period End	5.14%
Notes And Loans Payable Financing Amount							$ 60,000
Debt Amortization Period							30
Notes And Mortgages Payable Fixed Rate [Member] \| Washington DC Office West End 25 [Member]
Debt Instrument, Interest Rate at Period End	4.88%
Notes And Loans Payable Financing Amount				$ 101,671
Debt Amortization Period				30
Notes And Mortgages Payable Fixed Rate [Member] \| Washington DC Office River House Apartments [Member]
Debt Instrument, Interest Rate at Period End	5.43%
Notes And Mortgages Payable Fixed Rate [Member] \| Retail Cross Collateralized Mortgages On 40 Strip Shopping Centers [Member]
Debt Instrument, Interest Rate at Period End	4.20%

Debt (Convertible and Exchangeable) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2011	Sep. 30, 2010	Sep. 30, 2011	Sep. 30, 2010	Dec. 31, 2010
Convertible Senior Debentures [Member] \| Convertible Senior Debenture 2.85% Due 2027 [Member]
Principal Amount of Debt Component	$ 10,233		$ 10,233		$ 10,233
Unamortized discount	(130)		(130)		(319)
Carrying amount of debt component	10,103		10,103		9,914
Debt Instrument, Convertible, Carrying Amount of Equity Component	$ 956		$ 956		$ 956
Debt Instrument, Interest Rate, Effective Percentage	5.45%		5.45%		5.45%
Debt Instrument Maturity	04/12		04/12
Debt Instrument Convertible Conversion Price Per Share	$ 157.18		$ 157.18
Number Of Shares On Which Aggregate Consideration To Be Delivered Upon Conversion Is Determined	65		65
Coupon Interest Of Debt (Discount) Premium	$ 74	$ 160	$ 219	$ 480
Discount Amortization Original Of Debt (Discount) Premium	11	23	33	69
Discount Amortization ASC470-20 Of Debt (Discount) Premium	52	110	156	325
Amortization of Debt Discount (Premium)	137	293	408	874
Convertible Senior Debentures [Member] \| Convertible Senior Debenture 3.63% Due 2026 [Member]
Principal Amount of Debt Component	179,052		179,052		$ 179,052
Unamortized discount	(356)		(356)		(2,553)
Carrying amount of debt component	178,696		178,696		176,499
Debt Instrument, Convertible, Carrying Amount of Equity Component	$ 9,604		$ 9,604		$ 9,604
Debt Instrument, Interest Rate, Effective Percentage	5.32%		5.32%		5.32%
Debt Instrument Maturity	11/11		11/11
Debt Instrument Convertible Conversion Price Per Share	$ 148.46		$ 148.46
Number Of Shares On Which Aggregate Consideration To Be Delivered Upon Conversion Is Determined	1,206		1,206
Coupon Interest Of Debt (Discount) Premium	$ 1,623	3,523	$ 4,868	11,328
Discount Amortization Original Of Debt (Discount) Premium	202	417	598	1,320
Discount Amortization ASC470-20 Of Debt (Discount) Premium	540	1,117	1,599	3,533
Amortization of Debt Discount (Premium)	2,365	5,057	7,065	16,181
Exchangeable Senior Debentures [Member] \| Exchangeable Senior Debenture 3.88% Due 2025 [Member]
Principal Amount of Debt Component	499,982		499,982		$ 499,982
Unamortized discount	(3,843)		(3,843)		(8,982)
Carrying amount of debt component	496,139		496,139		491,000
Debt Instrument, Convertible, Carrying Amount of Equity Component	$ 32,301		$ 32,301		$ 32,301
Debt Instrument, Interest Rate, Effective Percentage	5.32%		5.32%		5.32%
Debt Instrument Maturity	04/12		04/12
Debt Instrument Convertible Conversion Price Per Share	$ 87.17		$ 87.17
Number Of Shares On Which Aggregate Consideration To Be Delivered Upon Conversion Is Determined	5,736		5,736
Coupon Interest Of Debt (Discount) Premium	$ 4,843	4,844	$ 14,531	14,532
Discount Amortization Original Of Debt (Discount) Premium	410	389	1,213	1,151
Discount Amortization ASC470-20 Of Debt (Discount) Premium	1,326	1,258	3,926	3,724
Amortization of Debt Discount (Premium)	$ 6,579	$ 6,491	$ 19,670	$ 19,407

Redeemable Noncontrolling Interests (Details) - USD ($)	9 Months Ended
Redeemable Noncontrolling Interests (Details) - USD ($)	Sep. 30, 2011	Sep. 30, 2010	Dec. 31, 2010
Redeemable Noncontrolling Interests Rollforward [Abstract]
Redeemable noncontrolling interests - begining balance	$ 1,327,974,000	$ 1,251,628,000
Net income	47,364,000	33,487,000
Distributions	(38,393,000)	(40,702,000)
Conversion of Class A redeemable units into common shares, at redemption value	(38,220,000)	(62,606,000)
Adjustment to carry Class A redeemable units at redemption value	(114,628,000)	232,099,000
Cumulative Redeemable Preferred Units Redemption Amount	(28,000,000)	(13,000,000)
Other, net	4,623,000	16,316,000
Redeemable noncontrolling interests - ending balance	1,160,720,000	1,417,222,000
Redeemable Noncontrolling Interests Additional Disclosure [Abstract]
Fair value of Series G convertible preferred units and Series D-13 cumulative redeemable preferred units	55,052,000		$ 55,097,000
Cumulative Redeemable Preferred Units Redemption Amount	28,000,000	13,000,000
Common Class A [Member]
Redeemable Noncontrolling Interests Additional Disclosure [Abstract]
Temporary Equity, Redemption Value	$ (934,720,000)		$ (1,066,974,000)
Temporary Equity Disclosure [Abstract]
Outstanding Partnership Units held by Third Parties	12,526,395		12,804,202
Series D11 Cumulative Redeemable Preferred Unit [Member]
Redeemable Noncontrolling Interests Rollforward [Abstract]
Cumulative Redeemable Preferred Units Redemption Amount	$ (28,000,000)
Redeemable Noncontrolling Interests Additional Disclosure [Abstract]
Cumulative Redeemable Preferred units redeemed	1,400,000
Cumulative Redeemable Preferred Units Redemption Amount	$ 28,000,000
Temporary Equity Disclosure [Abstract]
Per Unit Liquidation Preference	$ 25.00
Series D12 Cumulative Redeemable Preferred Unit [Member]
Redeemable Noncontrolling Interests Rollforward [Abstract]
Cumulative Redeemable Preferred Units Redemption Amount		$ (13,000,000)
Redeemable Noncontrolling Interests Additional Disclosure [Abstract]
Cumulative Redeemable Preferred units redeemed		800,000
Cumulative Redeemable Preferred Units Redemption Amount		$ 13,000,000
Temporary Equity Disclosure [Abstract]
Per Unit Liquidation Preference		$ 25.00

Shareholders Equity (Details) - USD ($) $ / shares in Units, $ in Thousands	9 Months Ended
	Sep. 30, 2011	Sep. 30, 2010	Aug. 05, 2011	May 05, 2011	Apr. 20, 2011	Dec. 31, 2010
Class Of Stock [Line Items]
Preferred shares of beneficial interest: outstanding shares	42,186,709					32,340,009
Preferred shares of beneficial interest: authorized shares	110,000,000					110,000,000
Preferred shares of beneficial interest: issued shares	42,186,709					32,340,009
Preferred Stock, Value, Issued	$ 1,021,855					$ 783,088
Proceeds From Issuance Of Preferred Stock And Preference Stock	$ 239,037	$ 0
Series J Preferred Stock [Member]
Class Of Stock [Line Items]
Preferred Stock Par Or Stated Value Per Share					$ 25.00
Preferred Stock Dividend Rate Percentage Or Per Dollar Amount	6.875%
Preferred Stock Redemption Price Per Share					$ 25.00
Preferred Stock Issued Additional Disclosure	We retained aggregate net proceeds of $239,037,000, after underwriters’ discounts and issuance costs and contributed the net proceeds to the Operating Partnership in exchange for 9,850,000 Series J Preferred Units (with economic terms that mirror those of the Series J Preferred Shares)
Preferred Stock, Redemption Terms	The Series J Preferred Shares are not convertible into, or exchangeable for, any of our properties or securities. On or after five years from the date of issuance (or sooner under limited circumstances), we, at our option, may redeem the Series J Preferred Shares at a redemption price of $25.00 per share, plus accrued and unpaid dividends through the date of redemption.
Preferred Units, Issued	9,850,000
Series J Preferred Stock [Member] \| Public Offering [Member]
Class Of Stock [Line Items]
Preferred shares of beneficial interest: issued shares			1,000,000	800,000	7,000,000
Preferred Stock Redemption Price Per Share			$ 25.00	$ 25.00
Series J Preferred Stock [Member] \| Over Allotment [Member]
Class Of Stock [Line Items]
Preferred shares of beneficial interest: issued shares					1,050,000

Fair Value Measurements (Details) - USD ($) $ in Thousands	Sep. 30, 2011	Dec. 31, 2010
Carrying (Reported) Amount, Fair Value Disclosure [Member]
Financial Assets And Liabilities Not Measured At Fair Value By Balance Sheet Grouping [Line Items]
Mezzanine loans receivable	$ 156,365	$ 202,412
Notes and mortgages payable	8,462,191	8,255,101
Senior unsecured notes	959,421	1,082,928
Exchangeable senior debentures	496,139	491,000
Convertible senior debentures	188,799	186,413
Revolving credit facility debt	300,000	874,000
Total debt	10,406,550	10,889,442
Estimate of Fair Value, Fair Value Disclosure [Member]
Financial Assets And Liabilities Not Measured At Fair Value By Balance Sheet Grouping [Line Items]
Mezzanine loans receivable	150,226	197,581
Notes and mortgages payable	8,576,512	8,446,791
Senior unsecured notes	1,011,602	1,119,512
Exchangeable senior debentures	514,981	554,355
Convertible senior debentures	189,816	191,510
Revolving credit facility debt	300,000	874,000
Total debt	$ 10,592,911	$ 11,186,168

Stock-based Compensation (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
Stock-based Compensation (Details) - USD ($) $ in Thousands	Sep. 30, 2011	Sep. 30, 2010	Sep. 30, 2011	Sep. 30, 2010
Share Based Compensation Equity Instruments Other Than Options Plan Activity [Abstract]
Share Based Compensation	$ 7,320	$ 11,210	$ 21,384	$ 26,167

Fee and Other Income (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
Fee and Other Income (Details) - USD ($) $ in Thousands	Sep. 30, 2011	Sep. 30, 2010	Sep. 30, 2011	Sep. 30, 2010
Fee and Other Income [Abstract]
Tenant cleaning fees	$ 15,647	$ 13,613	$ 46,479	$ 40,733
Management and leasing fees	4,361	3,555	15,456	16,075
Lease termination fees	4,803	2,301	12,478	10,112
Other income	12,195	12,797	37,826	37,918
Total Fee and Other Income	37,006	32,266	112,239	104,838
Management fee income from Interstate Properties	$ 195	$ 192	$ 586	$ 584

Interest and Other Investment Income (Loss), Net (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2011	Sep. 30, 2010	Sep. 30, 2011	Sep. 30, 2010
Total Interest and Other Investment Income, net	$ (29,994)	$ 47,096	$ 95,121	$ 65,676
Marketable Equity Securities Derivative Positions [Member]
Total Interest and Other Investment Income, net	(37,537)	32,249	(27,136)	32,249
Mezzanine Loans Loss Accrual [Member]
Total Interest and Other Investment Income, net	0	0	82,744	(6,900)
Marketable Securities [Member]
Total Interest and Other Investment Income, net	7,605	6,445	22,941	21,068
Mark to Market of deferred Compensation Plan [Member]
Total Interest and Other Investment Income, net	(5,243)	3,907	1,502	5,684
Mezzanine Loans Receivable [Member]
Total Interest and Other Investment Income, net	3,442	2,620	9,169	7,660
Other Investment Income [Member]
Total Interest and Other Investment Income, net	$ 1,739	$ 1,875	$ 5,901	$ 5,915

Income Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2011	Sep. 30, 2010	Sep. 30, 2011	Sep. 30, 2010
Income Per Share [Abstract]
Income (loss) from continuing operations, net of income attributable to noncontrolling interests	$ 50,314	$ 107,919	$ 437,576	$ 402,591
Income from discontinued operations, net of income attributable to noncontrolling interests	3,448	(3,667)	137,430	(11,681)
Net income attributable to Vornado	53,762	104,252	575,006	390,910
Preferred share dividends	(17,627)	(13,442)	(47,743)	(41,975)
Discount on preferred share and unit redemptions	5,000	4,382	5,000	4,382
NET INCOME attributable to common shareholders	41,135	95,192	532,263	353,317
Earnings allocated to unvested participating securities	(48)	(29)	(199)	(79)
Numerator for basic income (loss) per share	41,087	95,163	532,064	353,238
Convertible preferred share dividends - Numerator	0	0	94	121
Numerator for diluted income (loss) per share	$ 41,087	$ 95,163	$ 532,158	$ 353,359
Denominator for basic income (loss) per share - weighted average shares	184,398	182,462	184,220	182,014
Employee stock options and restricted share awards	1,667	1,706	1,764	1,741
Convertible preferred shares - Denominator	0	0	55	71
Weighted Average Number of Shares Outstanding, Diluted, Total	186,065	184,168	186,039	183,826
Income from continuing operations, net	$ 0.20	$ 0.54	$ 2.14	$ 2.00
Income from discontinued operations, net - Basic	0.02	(0.02)	0.75	(0.06)
Net income per common share	0.22	0.52	2.89	1.94
Income (loss) from continuing operations, net - Diluted	0.20	0.54	2.12	1.98
Income from discontinued operations, net - Diluted	0.02	(0.02)	0.74	(0.06)
Net income per common share	$ 0.22	$ 0.52	$ 2.86	$ 1.92

Income Per Share (Parentheticals) (Details) - shares shares in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2011	Sep. 30, 2010	Sep. 30, 2011	Sep. 30, 2010
Income Per Share [Abstract]
Weighted average common share equivalents of excluded dilutive securities due to anti-dilutive effect	18,857	19,837	18,687	19,843

- Definition

Securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) or earnings per unit (EPU) in the future that were not included in the computation of diluted EPS or EPU because to do so would increase EPS or EPU amounts or decrease loss per share or unit amounts for the period presented.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 13, 14
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 171
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 40
-Subparagraph c
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Diluted Earnings Per Share
-URI http://asc.fasb.org/extlink&oid=6510752

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Contingent Stock Agreement
-URI http://asc.fasb.org/extlink&oid=6508534

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Antidilution
-URI http://asc.fasb.org/extlink&oid=6505113

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 07-4
-Paragraph 4
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Cleveland Medical Mart Development Project (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2011 USD ($)	Sep. 30, 2010 USD ($)	Sep. 30, 2011 USD ($) sqft	Sep. 30, 2010 USD ($)
Development And Project Management Revenues	$ 35,135	$ 0	$ 108,203	$ 0
Development And Project Management Expenses	$ 33,419	$ 0	$ 101,637	$ 0
Cleveland Medical Mart & Convention Center [Member]
Square Footage Of Real Estate Property \| sqft			1,000,000
Construction Costs Budgeted			$ 465,000
Annual Net Settled Payments Received			10,000
Annual Obligation to the County			36,000
Commitments to Fund Improvements			$ 11,500
Development and Operating Period			17Y

Commitments and Contingencies (Details)	9 Months Ended
Commitments and Contingencies (Details)	Sep. 30, 2011 USD ($)
Guarantees and master leases	$ 151,959,000
Outstanding letters of credit	22,085,000
Commitment to fund additional capital to partially owned entities	$ 264,000,000
NBCR Losses [Member]
Federal government deductible, percentage of balance of a covered loss	85.00%
Insurance limit per occurrence	$ 2,000,000,000
Earthquake California Properties [Member]
Vornado deductible, annual aggregate	180,000,000
Insurance limit per occurrence	$ 180,000,000
Vornado deductible, percentage of property value	5.00%
All Risk And Rental Value [Member]
Insurance limit per occurrence	$ 2,000,000,000
General Liability [Member]
Insurance limit per occurrence	300,000,000
PPIC [Member] \| NBCR Losses [Member]
Insurance deductible	$ 3,200,000
Insurance Deductible Percentage Of Balance Of Covered Loss	15.00%
Central Park South 220 [Member]
Commitment to fund Central Park South project, low end of range	$ 400,000,000
Commitment to fund Central Park South project, high end of range	425,000,000
Stop & Shop [Member]
Stop & Shop complaint regarding annual rent collected pursuant to Master Agreement and Guaranty	5,000,000
Stop & Shop complaint regarding rent allocated to East Brunswick, Jersey City, Middletown, Union, and Woodbridge leases	5,000,000
Accounts Receivable, Gross	40,733,000
Allowance for Doubtful Accounts Receivable	$ 23,105,000
Loss Contingency, Opinion of Counsel	We believe, after consultation with counsel, that the maximum reasonably possible loss is up to the total amount of the receivable of $40,733,000.

Segment Information (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
Segment Information (Details) - USD ($) $ in Thousands	Sep. 30, 2011	Sep. 30, 2010	Sep. 30, 2011	Sep. 30, 2010
Property rentals	$ 530,086	$ 526,776	$ 1,604,451	$ 1,560,473
Straight Line Rent Adjustments	14,963	15,986	34,713	53,018
Amortization of acquired below-market leases, net	16,100	16,756	49,387	48,476
Total rentals	561,149	559,518	1,688,551	1,661,967
Tenant expense reimbursements	94,053	95,341	264,857	271,040
Cleveland Medical Mart development project	35,135	0	108,203	0
Tenant cleaning fees	15,647	13,613	46,479	40,733
Management and leasing fees	4,361	3,555	15,456	16,075
Lease termination fees	4,803	2,301	12,478	10,112
Other	12,195	12,797	37,826	37,918
Total Revenues	727,343	687,125	2,173,850	2,037,845
Operating expenses	285,659	275,077	841,266	802,927
Depreciation and amortization	134,074	130,599	393,846	393,259
General and administrative	46,452	55,200	155,566	153,231
Cleveland Medical Mart development project	33,419	0	101,637	0
Tenant buy-outs and other acquisition related costs	2,288	921	22,455	2,851
Total expenses	501,892	461,797	1,514,770	1,352,268
Operating income	225,451	225,328	659,080	685,577
Income (loss) from partially owned entities	4,248	(4,553)	137,033	116,109
Income (loss) from Real Estate Fund (of which $3,675 and $1,091 is attributable to noncontrolling interests, in each three-month period, respectively, and $15,703 and $1,091 in each nine-month period, respectively)	5,353	(1,410)	25,491	(1,410)
Interest and other investment (loss) income, net	(29,994)	47,096	95,121	65,676
Interest and debt expense (including amortization of deferred financing costs of $4,828 and $5,170 in each three-month period, respectively, and $14,696 and $14,085 in each nine-month period, respectively)	(136,672)	(145,561)	(408,532)	(423,354)
Net gain on early extinguishment of debt	0	(724)	0	(1,796)
Net gain on disposition of wholly owned and partially owned assets	1,298	5,072	7,975	12,759
Income loss before income taxes	69,684	125,248	516,168	453,561
Income tax expense	(7,144)	(5,449)	(19,448)	(15,993)
Income from continuing operations	62,540	119,799	496,720	437,568
Income (loss) from discontinued operations	3,683	(3,667)	146,293	(11,681)
Net income	66,223	116,132	643,013	425,887
Net (income) loss attributable to noncontrolling interests in consolidated subsidiaries	(5,636)	(296)	(20,643)	(1,490)
Net income attributable to noncontrolling interests in the Operating Partnership, including unit distributions	(6,825)	(11,584)	(47,364)	(33,487)
Net income (loss) attributable to Vornado	53,762	104,252	575,006	390,910
Interest and debt expense (2)	197,864	208,294	599,668	611,993
Depreciation and amortization (2)	193,394	179,148	561,738	549,400
Income tax expense	(7,350)	(23,013)	42,135	13,553
EBITDA	437,670	468,681	1,778,547	1,565,856
Toys R Us [Member]
Income (loss) from partially owned entities	(9,304)	(2,557)	80,794	102,309
All Equity Method Investees Excluding Toys [Member]
Income (loss) from partially owned entities	13,552	(1,996)	56,239	13,800
New York Office [Member]
Property rentals	196,123	194,815	586,797	582,090
Straight Line Rent Adjustments	3,998	7,573	15,777	22,642
Amortization of acquired below-market leases, net	8,153	8,936	24,549	27,312
Total rentals	208,274	211,324	627,123	632,044
Tenant expense reimbursements	43,025	40,387	108,267	105,968
Cleveland Medical Mart development project	0		0
Tenant cleaning fees	24,047	21,721	71,156	62,778
Management and leasing fees	1,653	1,428	5,260	4,278
Lease termination fees	3,540	1,220	9,176	4,245
Other	5,212	5,505	15,078	14,428
Total Revenues	285,751	281,585	836,060	823,741
Operating expenses	129,472	124,152	367,291	349,934
Depreciation and amortization	47,038	44,131	138,837	131,911
General and administrative	4,461	4,504	14,389	13,824
Cleveland Medical Mart development project	0		0
Tenant buy-outs and other acquisition related costs	0	0	0	0
Total expenses	180,971	172,787	520,517	495,669
Operating income	104,780	108,798	315,543	328,072
Income (loss) from partially owned entities	(5,136)	1,705	(4,893)	4,345
Income (loss) from Real Estate Fund (of which $3,675 and $1,091 is attributable to noncontrolling interests, in each three-month period, respectively, and $15,703 and $1,091 in each nine-month period, respectively)	0		0
Interest and other investment (loss) income, net	146	139	466	466
Interest and debt expense (including amortization of deferred financing costs of $4,828 and $5,170 in each three-month period, respectively, and $14,696 and $14,085 in each nine-month period, respectively)	(35,395)	(33,293)	(103,514)	(99,026)
Net gain on early extinguishment of debt		0
Net gain on disposition of wholly owned and partially owned assets	0	0	0	0
Income loss before income taxes	64,395	77,349	207,602	233,857
Income tax expense	(678)	(861)	(1,637)	(1,670)
Income from continuing operations	63,717	76,488	205,965	232,187
Income (loss) from discontinued operations	165	30	398	106
Net income	63,882	76,518	206,363	232,293
Net (income) loss attributable to noncontrolling interests in consolidated subsidiaries	(2,219)	(2,442)	(6,815)	(7,290)
Net income attributable to noncontrolling interests in the Operating Partnership, including unit distributions	0	0	0	0
Net income (loss) attributable to Vornado	61,663	74,076	199,548	225,003
Interest and debt expense (2)	39,526	31,817	108,473	94,404
Depreciation and amortization (2)	53,936	42,531	146,650	127,341
Income tax expense	736	861	1,695	1,670
EBITDA	155,861	149,285	456,366	448,418
New York Office [Member] \| Toys R Us [Member]
Income (loss) from partially owned entities	0	0	0	0
New York Office [Member] \| All Equity Method Investees Excluding Toys [Member]
Income (loss) from partially owned entities	(5,136)	1,705	(4,893)	4,345
Washington DC Office [Member]
Property rentals	133,156	146,439	413,810	426,217
Straight Line Rent Adjustments	6,673	347	5,962	5,519
Amortization of acquired below-market leases, net	547	594	1,525	1,836
Total rentals	140,376	147,380	421,297	433,572
Tenant expense reimbursements	9,328	15,129	27,561	42,592
Cleveland Medical Mart development project	0		0
Tenant cleaning fees	0	0	0	0
Management and leasing fees	2,670	2,772	9,629	13,252
Lease termination fees	1,002	728	3,013	1,256
Other	5,232	5,554	15,894	16,452
Total Revenues	158,608	171,563	477,394	507,124
Operating expenses	51,791	58,327	150,375	163,097
Depreciation and amortization	33,885	36,764	101,634	108,994
General and administrative	6,505	5,984	19,504	18,079
Cleveland Medical Mart development project	0		0
Tenant buy-outs and other acquisition related costs	0	0	0	0
Total expenses	92,181	101,075	271,513	290,170
Operating income	66,427	70,488	205,881	216,954
Income (loss) from partially owned entities	(1,356)	(1,095)	(6,038)	(1,099)
Income (loss) from Real Estate Fund (of which $3,675 and $1,091 is attributable to noncontrolling interests, in each three-month period, respectively, and $15,703 and $1,091 in each nine-month period, respectively)	0		0
Interest and other investment (loss) income, net	39	81	119	130
Interest and debt expense (including amortization of deferred financing costs of $4,828 and $5,170 in each three-month period, respectively, and $14,696 and $14,085 in each nine-month period, respectively)	(30,256)	(33,367)	(89,911)	(101,592)
Net gain on early extinguishment of debt		0
Net gain on disposition of wholly owned and partially owned assets	0	0	0	0
Income loss before income taxes	34,854	36,107	110,051	114,393
Income tax expense	(960)	(1,001)	(2,267)	(1,092)
Income from continuing operations	33,894	35,106	107,784	113,301
Income (loss) from discontinued operations	0	1,410	46,466	(5,776)
Net income	33,894	36,516	154,250	107,525
Net (income) loss attributable to noncontrolling interests in consolidated subsidiaries	0	0	0	0
Net income attributable to noncontrolling interests in the Operating Partnership, including unit distributions	0	0	0	0
Net income (loss) attributable to Vornado	33,894	36,516	154,250	107,525
Interest and debt expense (2)	33,703	34,241	100,017	104,355
Depreciation and amortization (2)	38,085	41,394	118,290	120,929
Income tax expense	925	1,054	2,380	1,161
EBITDA	106,607	113,205	374,937	333,970
Washington DC Office [Member] \| Toys R Us [Member]
Income (loss) from partially owned entities	0	0	0	0
Washington DC Office [Member] \| All Equity Method Investees Excluding Toys [Member]
Income (loss) from partially owned entities	(1,356)	(1,095)	(6,038)	(1,099)
Retail [Member]
Property rentals	105,788	97,625	316,729	284,808
Straight Line Rent Adjustments	4,696	7,441	12,556	21,699
Amortization of acquired below-market leases, net	6,268	5,820	19,899	14,897
Total rentals	116,752	110,886	349,184	321,404
Tenant expense reimbursements	36,297	35,688	111,519	107,799
Cleveland Medical Mart development project	0		0
Tenant cleaning fees	0	0	0	0
Management and leasing fees	541	214	2,439	759
Lease termination fees	261	346	289	4,182
Other	1,155	1,016	4,241	2,284
Total Revenues	155,006	148,150	467,672	436,428
Operating expenses	57,412	52,309	173,623	159,131
Depreciation and amortization	30,080	26,329	85,653	80,550
General and administrative	6,721	8,843	22,034	22,591
Cleveland Medical Mart development project	0		0
Tenant buy-outs and other acquisition related costs	1,593	0	16,593	0
Total expenses	95,806	87,481	297,903	262,272
Operating income	59,200	60,669	169,769	174,156
Income (loss) from partially owned entities	889	833	2,131	3,353
Income (loss) from Real Estate Fund (of which $3,675 and $1,091 is attributable to noncontrolling interests, in each three-month period, respectively, and $15,703 and $1,091 in each nine-month period, respectively)	0		0
Interest and other investment (loss) income, net	3	(46)	5	143
Interest and debt expense (including amortization of deferred financing costs of $4,828 and $5,170 in each three-month period, respectively, and $14,696 and $14,085 in each nine-month period, respectively)	(23,176)	(24,199)	(69,482)	(62,047)
Net gain on early extinguishment of debt		0
Net gain on disposition of wholly owned and partially owned assets	0	0	0	0
Income loss before income taxes	36,916	37,257	102,423	115,605
Income tax expense	0	(2)	(5)	(37)
Income from continuing operations	36,916	37,255	102,418	115,568
Income (loss) from discontinued operations	818	(3,642)	9,217	(1,539)
Net income	37,734	33,613	111,635	114,029
Net (income) loss attributable to noncontrolling interests in consolidated subsidiaries	110	397	196	895
Net income attributable to noncontrolling interests in the Operating Partnership, including unit distributions	0	0	0	0
Net income (loss) attributable to Vornado	37,844	34,010	111,831	114,924
Interest and debt expense (2)	24,368	26,395	73,000	68,275
Depreciation and amortization (2)	30,946	28,024	88,322	85,335
Income tax expense	0	2	5	37
EBITDA	93,158	88,431	273,158	268,571
Retail [Member] \| Toys R Us [Member]
Income (loss) from partially owned entities	0	0	0	0
Retail [Member] \| All Equity Method Investees Excluding Toys [Member]
Income (loss) from partially owned entities	889	833	2,131	3,353
Merchandise Mart [Member]
Property rentals	46,278	42,774	154,485	145,206
Straight Line Rent Adjustments	(1,006)	(457)	(2,059)	628
Amortization of acquired below-market leases, net	21	15	55	(91)
Total rentals	45,293	42,332	152,481	145,743
Tenant expense reimbursements	2,972	2,784	9,121	8,876
Cleveland Medical Mart development project	35,135		108,203
Tenant cleaning fees	0	0	0	0
Management and leasing fees	45	(2)	348	31
Lease termination fees	0	7	0	429
Other	988	800	2,832	3,471
Total Revenues	84,433	45,921	272,985	158,550
Operating expenses	30,803	26,391	99,266	85,915
Depreciation and amortization	10,372	9,853	29,113	30,111
General and administrative	9,534	6,010	23,855	20,252
Cleveland Medical Mart development project	33,419		101,637
Tenant buy-outs and other acquisition related costs	0	0	3,040	0
Total expenses	84,128	42,254	256,911	136,278
Operating income	305	3,667	16,074	22,272
Income (loss) from partially owned entities	38	8	292	239
Income (loss) from Real Estate Fund (of which $3,675 and $1,091 is attributable to noncontrolling interests, in each three-month period, respectively, and $15,703 and $1,091 in each nine-month period, respectively)	0		0
Interest and other investment (loss) income, net	17	11	35	35
Interest and debt expense (including amortization of deferred financing costs of $4,828 and $5,170 in each three-month period, respectively, and $14,696 and $14,085 in each nine-month period, respectively)	(9,365)	(9,556)	(28,140)	(28,383)
Net gain on early extinguishment of debt		0
Net gain on disposition of wholly owned and partially owned assets	0	0	0	765
Income loss before income taxes	(9,005)	(5,870)	(11,739)	(5,072)
Income tax expense	(890)	714	(2,211)	118
Income from continuing operations	(9,895)	(5,156)	(13,950)	(4,954)
Income (loss) from discontinued operations	2,700	(1,465)	90,212	(4,472)
Net income	(7,195)	(6,621)	76,262	(9,426)
Net (income) loss attributable to noncontrolling interests in consolidated subsidiaries	0	0	0	0
Net income attributable to noncontrolling interests in the Operating Partnership, including unit distributions	0	0	0	0
Net income (loss) attributable to Vornado	(7,195)	(6,621)	76,262	(9,426)
Interest and debt expense (2)	9,523	15,883	32,025	45,370
Depreciation and amortization (2)	12,230	12,782	34,632	39,049
Income tax expense	890	(714)	2,211	(59)
EBITDA	15,448	21,330	145,130	74,934
Merchandise Mart [Member] \| Toys R Us [Member]
Income (loss) from partially owned entities	0	0	0	0
Merchandise Mart [Member] \| All Equity Method Investees Excluding Toys [Member]
Income (loss) from partially owned entities	38	8	292	239
Toys R Us Segment [Member]
Property rentals	0	0	0	0
Straight Line Rent Adjustments	0	0	0	0
Amortization of acquired below-market leases, net	0	0	0	0
Total rentals	0	0	0	0
Tenant expense reimbursements	0	0	0	0
Cleveland Medical Mart development project	0		0
Tenant cleaning fees	0	0	0	0
Management and leasing fees	0	0	0	0
Lease termination fees	0	0	0	0
Other	0	0	0	0
Total Revenues	0	0	0	0
Operating expenses	0	0	0	0
Depreciation and amortization	0	0	0	0
General and administrative	0	0	0	0
Cleveland Medical Mart development project	0		0
Tenant buy-outs and other acquisition related costs	0	0	0	0
Total expenses	0	0	0	0
Operating income	0	0	0	0
Income (loss) from partially owned entities	(9,304)	(2,557)	80,794	102,309
Income (loss) from Real Estate Fund (of which $3,675 and $1,091 is attributable to noncontrolling interests, in each three-month period, respectively, and $15,703 and $1,091 in each nine-month period, respectively)	0		0
Interest and other investment (loss) income, net	0	0	0	0
Interest and debt expense (including amortization of deferred financing costs of $4,828 and $5,170 in each three-month period, respectively, and $14,696 and $14,085 in each nine-month period, respectively)	0	0	0	0
Net gain on early extinguishment of debt		0
Net gain on disposition of wholly owned and partially owned assets	0	0	0	0
Income loss before income taxes	(9,304)	(2,557)	80,794	102,309
Income tax expense	0	0	0	0
Income from continuing operations	(9,304)	(2,557)	80,794	102,309
Income (loss) from discontinued operations	0	0	0	0
Net income	(9,304)	(2,557)	80,794	102,309
Net (income) loss attributable to noncontrolling interests in consolidated subsidiaries	0	0	0	0
Net income attributable to noncontrolling interests in the Operating Partnership, including unit distributions	0	0	0	0
Net income (loss) attributable to Vornado	(9,304)	(2,557)	80,794	102,309
Interest and debt expense (2)	38,018	40,558	121,546	123,791
Depreciation and amortization (2)	34,293	30,079	101,862	99,850
Income tax expense	(15,135)	(27,501)	29,914	(1,914)
EBITDA	47,872	40,579	334,116	324,036
Toys R Us Segment [Member] \| Toys R Us [Member]
Income (loss) from partially owned entities	(9,304)	(2,557)	80,794	102,309
Toys R Us Segment [Member] \| All Equity Method Investees Excluding Toys [Member]
Income (loss) from partially owned entities	0		0	0
Other Segment [Member]
Property rentals	48,741	45,123	132,630	122,152
Straight Line Rent Adjustments	602	1,082	2,477	2,530
Amortization of acquired below-market leases, net	1,111	1,391	3,359	4,522
Total rentals	50,454	47,596	138,466	129,204
Tenant expense reimbursements	2,431	1,353	8,389	5,805
Cleveland Medical Mart development project	0		0
Tenant cleaning fees	(8,400)	(8,108)	(24,677)	(22,045)
Management and leasing fees	(548)	(857)	(2,220)	(2,245)
Lease termination fees	0	0	0	0
Other	(392)	(78)	(219)	1,283
Total Revenues	43,545	39,906	119,739	112,002
Operating expenses	16,181	13,898	50,711	44,850
Depreciation and amortization	12,699	13,522	38,609	41,693
General and administrative	19,231	29,859	75,784	78,485
Cleveland Medical Mart development project	0		0
Tenant buy-outs and other acquisition related costs	695	921	2,822	2,851
Total expenses	48,806	58,200	167,926	167,879
Operating income	(5,261)	(18,294)	(48,187)	(55,877)
Income (loss) from partially owned entities	19,117	(3,447)	64,747	6,962
Income (loss) from Real Estate Fund (of which $3,675 and $1,091 is attributable to noncontrolling interests, in each three-month period, respectively, and $15,703 and $1,091 in each nine-month period, respectively)	5,353	(1,410)	25,491	(1,410)
Interest and other investment (loss) income, net	(30,199)	46,911	94,496	64,902
Interest and debt expense (including amortization of deferred financing costs of $4,828 and $5,170 in each three-month period, respectively, and $14,696 and $14,085 in each nine-month period, respectively)	(38,480)	(45,146)	(117,485)	(132,306)
Net gain on early extinguishment of debt		(724)		(1,796)
Net gain on disposition of wholly owned and partially owned assets	1,298	5,072	7,975	11,994
Income loss before income taxes	(48,172)	(17,038)	27,037	(107,531)
Income tax expense	(4,616)	(4,299)	(13,328)	(13,312)
Income from continuing operations	(52,788)	(21,337)	13,709	(120,843)
Income (loss) from discontinued operations	0	0	0	0
Net income	(52,788)	(21,337)	13,709	(120,843)
Net (income) loss attributable to noncontrolling interests in consolidated subsidiaries	(3,527)	1,749	(14,024)	4,905
Net income attributable to noncontrolling interests in the Operating Partnership, including unit distributions	(6,825)	(11,584)	(47,364)	(33,487)
Net income (loss) attributable to Vornado	(63,140)	(31,172)	(47,679)	(149,425)
Interest and debt expense (2)	52,726	59,400	164,607	175,798
Depreciation and amortization (2)	23,904	24,338	71,982	76,896
Income tax expense	5,234	3,285	5,930	12,658
EBITDA	18,724	55,851	194,840	115,927
Other Segment [Member] \| Toys R Us [Member]
Income (loss) from partially owned entities	0	0	0	0
Other Segment [Member] \| All Equity Method Investees Excluding Toys [Member]
Income (loss) from partially owned entities	$ 19,117	$ (3,447)	$ 64,747	$ 6,962

Segment Information (Parentheticals) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2011	Sep. 30, 2010	Sep. 30, 2011	Sep. 30, 2010
Earnings Before Interest, Taxes, Depreciation, and Amortization	$ 437,670	$ 468,681	$ 1,778,547	$ 1,565,856
Alexanders Inc [Member]
Earnings Before Interest, Taxes, Depreciation, and Amortization	14,588	13,288	45,577	41,947
California Street 555 [Member]
Earnings Before Interest, Taxes, Depreciation, and Amortization	11,220	11,797	32,608	34,421
Lexington Realty Trust [Member]
Earnings Before Interest, Taxes, Depreciation, and Amortization	8,424	8,092	37,730	37,375
Lexington Realty Trust [Member] \| Net Gains From Stock Issuances [Member]
Earnings Before Interest, Taxes, Depreciation, and Amortization	0		9,760	5,998
Hotel Pennsylvania [Member]
Earnings Before Interest, Taxes, Depreciation, and Amortization	9,773	8,080	18,382	14,249
LNR [Member]
Earnings Before Interest, Taxes, Depreciation, and Amortization	15,769	0	38,569	0
LNR [Member] \| Net Gains From Asset Sales [Member]
Earnings Before Interest, Taxes, Depreciation, and Amortization	0		6,020
LNR [Member] \| Tax Settlement Gain [Member]
Earnings Before Interest, Taxes, Depreciation, and Amortization			8,977
Other Investments [Member]
Earnings Before Interest, Taxes, Depreciation, and Amortization	10,075	4,004	30,011	22,619
Other EBITDA attributable to identifiable investments [Member]
Earnings Before Interest, Taxes, Depreciation, and Amortization	71,527	44,942	212,665	150,292
Corporate General And Administrative Expenses Excluding Mark To Market Of Deferred Compensation Plan Assets And Offsetting Liability [Member]
Earnings Before Interest, Taxes, Depreciation, and Amortization	(21,585)	(20,712)	(62,964)	(60,668)
Investment Income And Other Excluding Mark To Market Of Deferred Compensation Plan Assets And Offsetting Liability [Member]
Earnings Before Interest, Taxes, Depreciation, and Amortization	12,530	15,808	38,860	41,876
Net Income Loss Attributable To Noncontrolling Interest Operating Partnerships And Preferred Unit Holders [Member]
Earnings Before Interest, Taxes, Depreciation, and Amortization	(6,825)	(11,584)	(47,364)	(33,487)
Income (Loss) from the Mark-to-Market of Derivative Positions in Marketable Equity Securities [Member]
Earnings Before Interest, Taxes, Depreciation, and Amortization	(37,537)	32,249	(27,136)	32,249
Real estate Fund organization costs [Member]
Earnings Before Interest, Taxes, Depreciation, and Amortization	0	(3,207)	(3,451)	(5,937)
Net (loss) gain on early extinguishment of debt [Member]
Earnings Before Interest, Taxes, Depreciation, and Amortization		(724)		(1,796)
Mezzanine Loans Receivable [Member]
Earnings Before Interest, Taxes, Depreciation, and Amortization	0	0	82,744	(6,900)
Other Segment [Member]
Earnings Before Interest, Taxes, Depreciation, and Amortization	18,724	55,851	194,840	115,927
Net gain on sale of condominiums [Member]
Earnings Before Interest, Taxes, Depreciation, and Amortization	1,298	0	5,884	3,149
Acquisition related costs
Earnings Before Interest, Taxes, Depreciation, and Amortization	(684)	(921)	(4,398)	(2,851)
Real Estate Fund [Member]
Earnings Before Interest, Taxes, Depreciation, and Amortization	1,678	(319)	9,788	(319)
Real Estate Fund [Member] \| Operations [Member]
Earnings Before Interest, Taxes, Depreciation, and Amortization	743	(319)	2,550	(319)
Real Estate Fund [Member] \| Carried Interest [Member]
Earnings Before Interest, Taxes, Depreciation, and Amortization	(475)	0	1,665	0
Real Estate Fund [Member] \| Unrealized Gain From Mark To Market [Member]
Earnings Before Interest, Taxes, Depreciation, and Amortization	1,410	0	4,802	0
Real Estate Fund [Member] \| Realized Gain [Member]
Earnings Before Interest, Taxes, Depreciation, and Amortization	$ 0	$ 0	$ 771	$ 0

Label	Element	Value
Fair Value, Measurements, Recurring [Member]
Mandatorily Redeemable Preferred Stock Fair Value Disclosure	us-gaap_MandatorilyRedeemablePreferredStockFairValueDisclosure	$ 55,097,000
Mandatorily Redeemable Preferred Stock Fair Value Disclosure	us-gaap_MandatorilyRedeemablePreferredStockFairValueDisclosure	55,052,000
Assets Fair Value Disclosure	us-gaap_AssetsFairValueDisclosure	1,019,704,000
Assets Fair Value Disclosure	us-gaap_AssetsFairValueDisclosure	987,401,000
Available For Sale Securities Fair Value Disclosure	us-gaap_AvailableForSaleSecuritiesFairValueDisclosure	766,116,000
Available For Sale Securities Fair Value Disclosure	us-gaap_AvailableForSaleSecuritiesFairValueDisclosure	631,361,000
Real Estate Fund Investments Fair Value Disclosure	vno_RealEstateFundInvestmentsFairValueDisclosure	144,423,000
Real Estate Fund Investments Fair Value Disclosure	vno_RealEstateFundInvestmentsFairValueDisclosure	261,417,000
Derivative Assets	us-gaap_DerivativeAssets	17,616,000
Deferred Compensation Plan Assets	us-gaap_DeferredCompensationPlanAssets	91,549,000
Deferred Compensation Plan Assets	us-gaap_DeferredCompensationPlanAssets	94,623,000
Fair Value, Measurements, Recurring [Member] \| Fair Value Inputs Level 2 Member
Mandatorily Redeemable Preferred Stock Fair Value Disclosure	us-gaap_MandatorilyRedeemablePreferredStockFairValueDisclosure	0
Mandatorily Redeemable Preferred Stock Fair Value Disclosure	us-gaap_MandatorilyRedeemablePreferredStockFairValueDisclosure	0
Assets Fair Value Disclosure	us-gaap_AssetsFairValueDisclosure	17,616,000
Assets Fair Value Disclosure	us-gaap_AssetsFairValueDisclosure	0
Available For Sale Securities Fair Value Disclosure	us-gaap_AvailableForSaleSecuritiesFairValueDisclosure	0
Available For Sale Securities Fair Value Disclosure	us-gaap_AvailableForSaleSecuritiesFairValueDisclosure	0
Real Estate Fund Investments Fair Value Disclosure	vno_RealEstateFundInvestmentsFairValueDisclosure	0
Real Estate Fund Investments Fair Value Disclosure	vno_RealEstateFundInvestmentsFairValueDisclosure	0
Derivative Assets	us-gaap_DerivativeAssets	17,616,000
Deferred Compensation Plan Assets	us-gaap_DeferredCompensationPlanAssets	0
Deferred Compensation Plan Assets	us-gaap_DeferredCompensationPlanAssets	0
Fair Value, Measurements, Recurring [Member] \| Fair Value, Inputs, Level 1 [Member]
Mandatorily Redeemable Preferred Stock Fair Value Disclosure	us-gaap_MandatorilyRedeemablePreferredStockFairValueDisclosure	55,097,000
Mandatorily Redeemable Preferred Stock Fair Value Disclosure	us-gaap_MandatorilyRedeemablePreferredStockFairValueDisclosure	55,052,000
Assets Fair Value Disclosure	us-gaap_AssetsFairValueDisclosure	809,815,000
Assets Fair Value Disclosure	us-gaap_AssetsFairValueDisclosure	672,097,000
Available For Sale Securities Fair Value Disclosure	us-gaap_AvailableForSaleSecuritiesFairValueDisclosure	766,116,000
Available For Sale Securities Fair Value Disclosure	us-gaap_AvailableForSaleSecuritiesFairValueDisclosure	631,361,000
Real Estate Fund Investments Fair Value Disclosure	vno_RealEstateFundInvestmentsFairValueDisclosure	0
Real Estate Fund Investments Fair Value Disclosure	vno_RealEstateFundInvestmentsFairValueDisclosure	0
Derivative Assets	us-gaap_DerivativeAssets	0
Deferred Compensation Plan Assets	us-gaap_DeferredCompensationPlanAssets	43,699,000
Deferred Compensation Plan Assets	us-gaap_DeferredCompensationPlanAssets	40,736,000
Fair Value, Measurements, Recurring [Member] \| Fair Value, Inputs, Level 3 [Member]
Mandatorily Redeemable Preferred Stock Fair Value Disclosure	us-gaap_MandatorilyRedeemablePreferredStockFairValueDisclosure	0
Mandatorily Redeemable Preferred Stock Fair Value Disclosure	us-gaap_MandatorilyRedeemablePreferredStockFairValueDisclosure	0
Assets Fair Value Disclosure	us-gaap_AssetsFairValueDisclosure	192,273,000
Assets Fair Value Disclosure	us-gaap_AssetsFairValueDisclosure	315,304,000
Available For Sale Securities Fair Value Disclosure	us-gaap_AvailableForSaleSecuritiesFairValueDisclosure	0
Available For Sale Securities Fair Value Disclosure	us-gaap_AvailableForSaleSecuritiesFairValueDisclosure	0
Real Estate Fund Investments Fair Value Disclosure	vno_RealEstateFundInvestmentsFairValueDisclosure	144,423,000
Real Estate Fund Investments Fair Value Disclosure	vno_RealEstateFundInvestmentsFairValueDisclosure	261,417,000
Derivative Assets	us-gaap_DerivativeAssets	0
Deferred Compensation Plan Assets	us-gaap_DeferredCompensationPlanAssets	47,850,000
Deferred Compensation Plan Assets	us-gaap_DeferredCompensationPlanAssets	53,887,000
Real Estate Fund [Member]
Fair Value Asset Measured On Recurring Basis Asset Sales	vno_FairValueAssetMeasuredOnRecurringBasisAssetSales	12,831,000
Fair Value Asset Measured On Recurring Basis Asset Sales	vno_FairValueAssetMeasuredOnRecurringBasisAssetSales	0
Fair Value Asset Measured on Recurring Basis, Asset, Purchases	us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases	123,047,000
Fair Value Asset Measured on Recurring Basis, Asset, Purchases	us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases	0
Fair Value Asset Measured on Recurring Basis, Asset, Purchases	us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases	42,500,000
Fair Value Asset Measured on Recurring Basis, Asset, Purchases	us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases	42,500,000
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Other Net	vno_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetOtherNet	15,516,000
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Other Net	vno_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetOtherNet	17,000
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue	144,423,000
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue	261,417,000
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue	255,795,000
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue	42,500,000
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue	0
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue	0
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings	us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings	22,294,000
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings	us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings	5,639,000
Deferred Compensation Plan Asset [Member]
Fair Value Asset Measured On Recurring Basis Asset Sales	vno_FairValueAssetMeasuredOnRecurringBasisAssetSales	1,044,000
Fair Value Asset Measured On Recurring Basis Asset Sales	vno_FairValueAssetMeasuredOnRecurringBasisAssetSales	7,850,000
Fair Value Asset Measured On Recurring Basis Asset Sales	vno_FairValueAssetMeasuredOnRecurringBasisAssetSales	18,538,000
Fair Value Asset Measured On Recurring Basis Asset Sales	vno_FairValueAssetMeasuredOnRecurringBasisAssetSales	11,430,000
Fair Value Asset Measured on Recurring Basis, Asset, Purchases	us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases	22,259,000
Fair Value Asset Measured on Recurring Basis, Asset, Purchases	us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases	16,144,000
Fair Value Asset Measured on Recurring Basis, Asset, Purchases	us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases	3,155,000
Fair Value Asset Measured on Recurring Basis, Asset, Purchases	us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases	9,802,000
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Other Net	vno_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetOtherNet	(150,000)
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Other Net	vno_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetOtherNet	(97,000)
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Other Net	vno_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetOtherNet	0
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Other Net	vno_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetOtherNet	(103,000)
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue	46,037,000
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue	53,887,000
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue	47,850,000
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue	39,589,000
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue	53,724,000
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue	43,598,000
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings	us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings	2,166,000
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings	us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings	1,637,000
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings	us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings	487,000
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings	us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings	$ (2,051,000)