Vornado Realty Trust VNO Cash Flow

Vornado realty trust (VNO)

CashFlow / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09	Dec'08	Dec'07
Cash Flows from Operating Activities:
Net (loss) income
3,334,262	422,603	264,128	981,922	859,430	1,009,026	564,740	694,541	740,000	708,031	128,450	411,445	607,833
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Net gains on disposition of wholly owned and partially owned assets
-	-	-	-	-	13,568	3,407	13,347	15,134	81,432	-	-	-
Net gains on disposition of wholly owned and partially owned assets
-	-	-	-175,735	-251,821	26,518	37,170	133,977	58,173	137,367	-	-	-
Depreciation and amortization (including amortization of deferred financing costs)
438,933	472,785	529,826	595,270	566,207	583,408	561,998	557,888	580,990	556,312	559,053	577,338	545,885
Net gain on transfer to Fifth Avenue and Times Square JV
2,571,099	0	0	-	-	-	-	-	-	-	-	-	-
Net gains on disposition of wholly owned and partially owned assets
845,499	246,031	501	-	-	-	-	-	-	-	-	-	-
Equity in income of partially owned entities, including Alexander's and Toys
-	-	-	-	-	-	-	-	-	-	-	-	-69,656
Litigation loss accrual
-	-	-	-	-	-	-	-	-	-	-	-	10,375
Distributions of income from partially owned entities
116,826	78,831	82,095	214,800	66,819	96,286	54,030	226,172	93,635	61,037	30,473	44,690	24,044
Operating Lease, Impairment Loss
75,220	0	0	-	-	-	-	-	-	-	-	-	-
Stock-based compensation expense
53,908	31,722	32,829	-	-	-	-	-	-	-	-	-	-
Net realized and unrealized loss on real estate fund investments
-106,109	-84,706	-15,267	-40,655	57,752	150,139	85,771	55,361	-	-	-	-	-
Change in valuation of deferred tax assets and liabilities
-	-	-	0	90,030	-	-	-	-	-	-	-	-
Real estate impairment losses
-	-	-	161,165	-	-	-	-	-	-	-	-	-
Equity in net income of partially owned entities
78,865	9,149	15,635	165,389	-11,882	-58,131	-	-	-	-	-	-	-
Amortization of below-market leases, net
-	-	-	53,202	79,053	46,786	52,876	54,359	63,044	66,202	72,481	96,176	83,250
Net unrealized gain on Real Estate Fund investments
-	-	-	-	-	-	-	-	17,386	0	0	-	-
Straight-lining of rents
-9,679	7,605	45,792	146,787	153,668	82,800	69,391	69,648	45,788	76,926	-	-	-
Decrease (increase) in fair value of marketable securities
-5,533	-26,453	0	0	-	-	-	-	-	-	-	-	-
Real estate impairment losses and related write-offs
26,705	12,000	0	-	256	-	-	-	-	-	-	-	-
Straight-lining of rental income
-	-	-	-	-	-	-	-	-	-	98,355	91,060	77,699
Loss from the mark-to-market of J.C. Penney derivative position
-	-	-	-	-	-	-	-	12,984	130,153	0	-33,740	113,503
Mezzanine loans loss accrual
-	-	-	-	-	-	-	-	-	-	-	-	57,000
Prepayment penalty on redemption of senior unsecured notes due 2022
-22,058	0	0	-	-	-	-	-	-	-	-25,915	9,820	-
Amortization of below-market leases, net
19,830	38,573	46,790	-	-	-	-	-	-	-	-	-	-
Gain (Loss) Representing Purchasing Price Fair Value Adjustment
0	44,060	0	0	-	-	-	-	-	-	-	-	-
Return of capital from real estate fund investments
0	20,290	91,606	71,888	91,458	215,676	56,664	63,762	0	0	-	-	-
Reversal of allowance for deferred tax assets
-	-	-	-	-	0	0	-	-	-	-	-	-
Defeasance cost in connection with the refinancing of mortgage payable
-	-	-	-	-	5,589	0	0	-	-	-	-	-
Gain on sale of Canadian Trade Shows
-	-	-	-	-	-	-	31,105	0	0	-	-	-
Impairment losses, write-off of tenant buy-outs and litigation loss accrual
-	-	-	-	-	-	-	-	-	-	91,184	157,799	-
Change in valuation of deferred tax assets and liabilities
0	-12,835	-34,800	-	-	-	-	-	-	-	45,284	57,523	64,981
Loss (gain) on early extinguishment of debt and write-off of unamortized financing costs
-	-	-	-	-	-	-	-	-	-	-	-	7,670
Impairment losses - partially owned entities
-	-	-	-	-	-	-	-	-	-	-	-	0
Gain (Loss) on Sale of Properties
-	-	-	5,074	65,396	507,192	414,502	245,799	51,623	2,506	5,641	7,757	39,493
Net gains on real estate and other
0	0	3,489	487,877	0	0	-	-	83,907	97,728	-	-	-
Other non-cash adjustments
-13,765	-7,499	-23,651	-39,406	-37,721	-37,303	-41,663	-52,082	-27,325	36,352	15,196	83,735	-
Mezzanine loans loss reversal and net gain on disposition
-	-	-	-	-	-	-	-	-82,744	-53,100	190,738	-10,300	-
Recognition of disputed account receivable from Stop & Shop
-	-	-	-	-	-	-	-	23,521	0	0	-	-
Write Off Of Unamortized Costs From Voluntary Surrender Of Equity Awards
-	-	-	-	-	-	-	-	-	-	32,588	0	-
Changes in operating assets and liabilities:
Real estate fund investments
10,000	68,950	0	0	95,010	3,392	37,817	262,537	184,841	144,423	0	0	-
Interest received on repayment of mezzanine loan
-	-	-	-	-	-	-	-	-	-40,467	0	0	-
Impairment loss - marketable equity securities
-	-	-	-	-	-	-	-	-	-	-	-	0
Reversal of H Street deferred tax liability
-	-	-	-	-	-	-	-	-	-	-	-222,174	0
Net gain on sale of Americold Realty Trust
-	-	-	-	-	-	-	-	-	-	-	-112,690	0
Other non-cash adjustments, including stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	38,726
Tenant and other receivables, net
25,988	14,532	-1,183	4,271	-8,366	8,282	-83,897	23,271	-8,869	-2,019	-15,383	1,646	25,877
Prepaid assets
-7,558	-151,533	12,292	7,893	16,836	8,786	2,207	10,549	7,779	-6,321	90,519	12,449	-2,380
Other assets
4,302	84,222	79,199	76,357	112,415	123,435	50,856	46,573	89,186	68,305	61,878	27,382	54,858
Accounts payable and accrued expenses
5,940	5,869	3,760	13,278	-25,231	44,628	-41,729	21,595	-28,699	2,645	-3,606	-5,207	-89,961
Other liabilities
1,626	-11,363	-15,305	-719	-22,836	3,125	-12,576	9,955	18,755	33,803	-5,247	6,790	22,690
Loss from partially owned entities
-	-	-	-	-	-	-340,882	423,126	118,612	92,493	72,390	-156,827	-
Losses from the disposition of investment in J.C. Penney
-	-	-	-	-	-	72,974	300,752	0	0	-	-	-
Net cash provided by operating activities
662,539	802,641	860,142	995,080	672,091	1,135,310	1,040,789	825,049	702,499	771,086	633,579	817,812	697,325
Cash Flows from Investing Activities:
Proceeds from sale of condominium units at 220 Central Park South
1,605,356	214,776	0	0	786,924	388,776	1,027,608	445,683	140,186	127,736	367,698	390,468	297,234
Restricted cash
-	-	-	-	-	-99,464	26,892	75,138	-126,380	-138,586	-111,788	-12,004	-11,652
Proceeds from transfer of interest in Fifth Avenue and Times Square JV (net of $35,562 of transaction costs and $10,899 of deconsolidated cash and restricted cash)
1,248,743	0	0	0	-	-	240,474	0	0	-	-	-	-
Development costs and construction in progress
649,056	418,186	355,852	606,565	475,819	544,187	469,417	156,873	93,066	156,775	465,205	598,688	358,748
Proceeds from repayments of loans receivable
-	-	-	45	16,790	96,913	50,569	38,483	187,294	70,762	47,397	52,470	241,289
Additions to real estate
233,666	234,602	271,308	91,103	558,484	211,354	193,417	673,684	90,858	173,413	0	42,642	2,849,709
Additions to real estate
-	-	-	387,545	301,413	279,206	260,343	205,652	165,680	144,794	216,669	207,885	166,319
Investments in loans receivable and other
-	-	-	-	-	-	390	94,094	98,979	85,336	0	7,397	217,081
Proceeds from sales of marketable securities
168,314	4,101	0	3,937	0	0	378,709	60,258	70,418	280,462	64,355	51,185	112,779
Increase Decrease Allowance Relating To Litigation
-	-	-	-	-	-	-	-	-	-	0	-	-
Investments in partially owned entities
18,257	37,131	40,537	127,608	235,439	120,639	230,300	134,994	571,922	165,170	38,266	156,227	271,423
Acquisitions of real estate and other
69,699	574,812	30,607	-	-	-	-	-	-	-	-	-	-
Distributions of capital from partially owned entities
24,880	100,178	366,155	196,635	36,017	25,943	290,404	144,502	318,966	51,677	16,790	218,367	22,541
Proceeds from redemption of 640 Fifth Avenue preferred equity
500,000	0	0	-	-	-	-	-	-	-	-	-	-
Moynihan Train Hall expenditures
438,935	74,609	0	0	-	-	-	-	-	-	-	-	-
Proceeds from sale of real estate and related investments
324,201	219,731	9,543	183,173	-	-	-	-	-	-	-	-	-
Proceeds from repayments of loans receivable
1,395	25,757	659	-	-	-	-	-	-	-	-	-	-
Investments in loans receivable
0	105,000	0	11,700	1,000	30,175	-	-	-	-	-	-	-
Net consolidation of Farley Office and Retail Building
0	2,075	0	-	-	-	-	-	-	-	-	-	-
Proceeds from the repayment of JBG SMITH Properties loan receivable
0	0	-115,630	0	0	-	-	-	-	-	-	-	-
Net deconsolidation of 7 West 34th Street
-	-	-	48,000	0	0	-	-	-	-	-	-	-
Purchases of marketable securities
-	-	-	4,379	0	0	-	-	-	491,596	90,089	-	152,683
Funding of J.C. Penney derivative collateral; and settlement of derivative in 2013
-	-	-	-	-	-	186,079	191,330	43,850	12,500	0	-	-
Return of J.C. Penney derivative collateral
-	-	-	-	-	-	101,150	134,950	56,350	0	0	-	-
Proceeds from the sale of Canadian Trade Shows
-	-	-	-	-	-	-	52,504	0	0	-	-	-
Proceeds from the repayment of loan to officer
-	-	-	-	-	-	-	13,123	13,123	0	0	-	-
Loan to officer
-	-	-	-	-	-	-	-	13,123	0	0	-	-
Proceeds from maturing short-term investments
-	-	-	-	-	-	-	-	-	40,000	15,000	0	0
Purchases of short-term investments
-	-	-	-	-	-	-	-	-	-	55,000	0	0
Proceeds from sales of, and return of investment in, marketable securities
-	-	-	-	-	-	-	-	-	-	-	-164,886	-
Proceeds received on settlement of derivatives
-	-	-	-	-	-	-	-	-	-	-	-	-260,764
Repayment of officers' loans
-	-	-	-	-	-	-	-	-	-	-	-	2,000
Net cash (used in) provided by investing activities
2,463,276	-877,722	-206,317	-893,110	-732,424	-574,465	722,076	-642,262	-164,761	-520,361	-242,201	-453,231	-3,067,704
Cash Flows from Financing Activities:
Proceeds from borrowings
1,108,156	526,766	1,055,872	2,403,898	4,468,872	2,428,285	2,262,245	3,593,000	3,412,897	2,481,883	2,648,175	1,721,974	2,954,497
Dividends paid on common shares / Distributions to Vornado
503,785	479,348	496,490	475,961	474,751	547,831	545,913	699,318	508,745	474,299	262,397	561,981	524,719
Moynihan Train Hall reimbursement from Empire State Development
438,935	74,609	0	0	-	-	-	-	-	-	-	-	-
Purchase of marketable securities in connection with defeasance of mortgage payable
407,126	0	0	-	-	-	-	-	-	-	-	-	-
Distribution to noncontrolling interests / redeemable security holders and noncontrolling interests in consolidated subsidiaries
80,194	76,149	109,697	130,590	102,866	220,895	215,247	104,448	116,510	53,842	42,451	85,419	81,065
Dividends paid on preferred shares / Distributions to preferred unitholders
50,131	55,115	64,516	80,137	80,578	81,468	83,188	73,976	61,464	55,669	57,076	57,112	-
Proceeds received from exercise of employee share options (Vornado stock options) and other
6,903	7,309	29,712	8,269	16,779	19,245	7,765	11,853	25,507	26,993	1,750	29,377	35,083
Contributions from noncontrolling interests / noncontrolling interests in consolidated subsidiaries
17,871	61,062	1,044	11,950	51,975	30,295	43,964	213,132	204,185	103,831	2,180	0	0
Repayments of borrowings
2,718,987	685,265	631,681	1,894,990	2,936,578	1,312,258	3,580,100	2,747,694	3,740,327	1,564,143	2,075,236	993,665	868,055
Repurchase of shares (Class A units) related to stock compensation arrangements and related tax withholdings
8,692	12,969	418	186	7,473	3,811	443	30,168	964	25,660	32,203	31,198	43,396
Prepayment penalty on redemption of senior unsecured notes due 2022
22,058	0	0	-	-	-	-	-	-	-	-	-	-
Redemption of redeemable noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	0
Debt issuance costs
15,588	12,908	12,325	42,157	66,554	58,336	19,883	39,073	47,395	14,980	30,186	14,299	14,360
Redemption of preferred shares / units
893	470,000	0	246,250	0	0	299,400	243,300	28,000	78,954	-	-	57,236
Debt prepayment and extinguishment costs
0	818	3,217	0	15,000	-	-	-	-	-	-	-	-
Cash and cash equivalents and restricted cash included in the spin-off of JBG SMITH Properties ($275,000 plus The Bartlett financing proceeds less transaction costs and other mortgage items)
0	0	416,237	0	0	-	-	-	-	-	-	-	-
Purchase of marketable securities in connection with the defeasance of mortgage payable
-	-	-	-	-	198,884	0	0	-	-	-	-	-109,092
Proceeds from issuance of preferred shares / units
0	0	309,609	0	0	-	290,306	290,971	238,842	0	0	-	-
Cash and cash equivalents and restricted cash included in the spin-off of Urban Edge Properties
-	-	-	-	234,967	0	0	-	-	-	-	-	-
Acquisition of convertible senior debentures and senior unsecured notes
-	-	-	-	-	-	-	-	-	440,575	2,221,204	0	0
Purchase of outstanding preferred units and shares
-	-	-	-	-	-	-	-	-	-	24,330	0	-
Proceeds from issuance of common shares
-	-	-	-	-	-	-	-	-	-	710,226	0	0
Net cash provided by (used in) financing activities
-2,235,589	-1,122,826	-338,344	-446,154	618,859	54,342	-2,139,894	170,979	-621,974	-95,415	-1,382,752	7,677	1,291,657
Net increase (decrease) in cash and cash equivalents and restricted cash
890,226	-1,197,907	315,481	-344,184	558,526	615,187	-377,029	353,766	-84,236	155,310	-991,374	372,258	-1,078,722
Reconciliation of Cash and Cash Equivalents and Restricted Cash:
Financing assumed in acquisitions
-	-	-	-	-	-	-	-	-	-	-	-	1,405,654
Purchase of marketable securities in connection with the legal defeasance of mortgage notes payable
-	-	-	-	-	-	-	-	-	-	-	-	-109,092
Mortgage notes payable legally defeased
-	-	-	-	-	-	-	-	-	-	-	-	104,571
Supplemental Disclosure of Cash Flow Information:
Cash payments for interest, excluding capitalized interest of $11,913 and $21,371
283,613	311,835	338,983	368,762	376,620	443,538	465,260	491,869	531,174	549,327	631,573	658,376	653,811
Cash payments for income taxes
59,834	62,225	6,727	9,716	8,287	11,696	9,023	21,709	26,187	23,960	21,775	22,005	36,489
Adjustments to carry redeemable Class A units at redemption value
70,810	198,064	268,494	-26,251	192,464	-315,276	-108,252	-52,117	-	-191,826	-167,049	400,647	464,114
Preferred equity
2,327,750	0	0	-	-	-	-	-	-	-	-	-	-
Common equity
1,449,495	0	0	-	-	-	-	-	-	-	-	-	-
Reclassification of condominium units from development costs and construction in progress to 220 Central Park South condominium units ready for sale
1,311,468	233,179	0	0	-	-	-	-	-	-	-	-	-
Accrued capital expenditures included in accounts payable and accrued expenses
109,975	88,115	102,976	120,564	122,711	100,528	72,042	80,350	-	-	-	-	-
Marketable securities transferred in connection with the defeasance of mortgage payable
407,126	0	0	-	-	-	-	-	-	-	-	-	-
Special dividend/distribution declared and payable on January 15, 2020
398,292	0	0	-	-	-	-	-	-	-	-	-	-
Defeased mortgage payable
390,000	0	0	-	-	-	-	-	-	-	-	-	-
Contribution of mezzanine loan receivable to joint venture
-	-	-	-	-	-	-	-	-	0	0	-	-
Write-off of fully depreciated assets
122,813	86,064	58,810	305,679	167,250	121,673	77,106	177,367	-	63,007	-	-	-
Reclassification of assets and related liabilities held for sale:
Lease liabilities arising from the recognition of right-of-use assets
526,866	0	0	-	-	-	-	-	-	-	-	-	-
Recognition of negative basis related to the sale of our investment in 330 Madison Avenue
60,052	0	0	-	-	-	-	-	-	-	-	-	-
Amounts related to our investment in Pennsylvania Real Estate Investment Trust reclassified from investments in partially owned entities and accumulated other comprehensive (loss) income to marketable securities upon conversion of operating partnership units to common shares
54,962	0	0	-	-	-	-	-	-	-	-	-	-
Increase in assets and liabilities resulting from the consolidation of Moynihan Train Hall
Assets
-	-	-	0	-	0	0	-	-	-	-	-	-
Liabilities
-	-	-	0	-	0	0	-	-	-	-	-	-
Equity
-	-	-	0	-	0	0	-	-	-	-	-	-
Reclassification of Series G and Series I cumulative redeemable preferred shares to liabilities upon call for redemption
0	0	455,514	0	0	-	-	-	-	-	-	-	-
Loan receivable established upon the spin-off of JBG SMITH Properties
0	0	115,630	-	0	-	-	0	0	102,616	0	-	-
Write-off of fully depreciated assets
122,813	86,064	58,810	305,679	167,250	-	-	-	-	-	-	-	-
Reduction in unrealized net gain on available-for-sale securities
0	0	-20,951	52,057	-	-	-	-	-	-	-	-	-
Reduction in unrealized net gain on available-for-sale securities
-	-	-	-	-55,326	14,465	-	-	-	55,891	6,147	-20,150	-38,842
Unit distributions paid in redeemable Class A Operating Partnership units
-	-	-	-	-	-	-	-	-	-	-	-	0
Like-kind exchange of real estate
-	-	-	-	-	-	-	-	-	-	0	-	-
Other assets
-	-	-	-	-	-	-	-	-	-	-	-	11,648
Notes and mortgages payable
-	-	-	-	-	-	-	-	-	-	-	100,000	55,272
Real estate, net
-	-	-	122,047	0	-	852,166	0	145,333	401,857	0	2,069	-
Mortgage payable, net
-	-	-	290,418	0	-	322,903	0	232,502	316,490	0	0	-
Transfer of interest in real estate to Pennsylvania Real Estate Investment Trust
-	-	-	-	145,313	0	0	-	-	-	-	-	-
Class A units issued in connection with acquisition
-	-	-	-	80,000	0	-	-	-	-	-	-	-
Financings transferred in dispositions
-	-	-	-	-	-	-	163,144	0	0	-	-	-
Write-off of fully depreciated assets
122,813	86,064	58,810	305,679	167,250	-	-	-	-	-	-	-	-
Common shares issued upon redemption of Class A units, at redemption value
-	-	-	-	-	-	-	-	-	126,764	90,955	82,330	116,085
L.A. Mart seller financing
-	-	-	-	-	-	-	35,000	0	0	-	-	-
Asset (included in development costs and construction in progress)
-	-	-	-	-	-	-	240,000	0	-	-	-	-
Liability (included in other liabilities)
-	-	-	-	-	-	-	240,000	0	0	-	-	-
Dividends paid in common shares
-	-	-	-	-	-	-	-	-	-	285,596	0	0
Unit distributions paid in Class A units
-	-	-	-	-	-	-	-	-	-	23,876	0	-
Real Estate, net
-	-	-	-	-	-	-	342,919	0	102,804	0	197,600	342,764
Financing assumed in acquisition
-	-	-	-	62,000	0	79,253	334,225	0	57,563	0	-	-
Marketable securities transferred in connection with the defeasance of mortgage payable
-	-	-	-	-	198,884	0	0	-	-	-	-	-
Defeasance of mortgage payable
-	-	-	-	-	193,406	0	0	-	-	-	-	-
Elimination of a mortgage and mezzanine loan asset and liability
-	-	-	-	-	59,375	0	0	-	-	-	-	-
Transfer of interest in real estate fund to an unconsolidated joint venture
-	-	-	-	-	58,564	0	0	-	-	-	-	-
Transfer of noncontrolling interest in real estate fund
-	-	-	-	-	33,028	0	0	-	-	-	-	-
Beverly Connection seller financing
-	-	-	-	-	13,620	0	0	-	-	-	-	-
Accounts payable and accrued expenses
-	-	-	-	-	-	-	-	-	-	-	-	3,101
Other liabilities
-	-	-	-	-	-	-	-	-	-	-	-	71
Vornado Realty L.P.
Net (loss) income
3,334,262	422,603	264,128	981,922	-	-	-	-	-	-	-	-	-
Net gains on disposition of wholly owned and partially owned assets
-	-	-	-175,735	-	-	-	-	-	-	-	-	-
Depreciation and amortization (including amortization of deferred financing costs)
438,933	472,785	529,826	595,270	-	-	-	-	-	-	-	-	-
Net gain on transfer to Fifth Avenue and Times Square JV
2,571,099	0	0	-	-	-	-	-	-	-	-	-	-
Net gains on disposition of wholly owned and partially owned assets
845,499	246,031	501	-	-	-	-	-	-	-	-	-	-
Distributions of income from partially owned entities
116,826	78,831	82,095	214,800	-	-	-	-	-	-	-	-	-
Operating Lease, Impairment Loss
75,220	0	0	-	-	-	-	-	-	-	-	-	-
Stock-based compensation expense
53,908	31,722	32,829	-	-	-	-	-	-	-	-	-	-
Net realized and unrealized loss on real estate fund investments
-106,109	-84,706	-15,267	-40,655	-	-	-	-	-	-	-	-	-
Change in valuation of deferred tax assets and liabilities
-	-	-	0	-	-	-	-	-	-	-	-	-
Real estate impairment losses
-	-	-	161,165	-	-	-	-	-	-	-	-	-
Equity in net income of partially owned entities
78,865	9,149	15,635	165,389	-	-	-	-	-	-	-	-	-
Straight-lining of rents
-9,679	7,605	45,792	146,787	-	-	-	-	-	-	-	-	-
Decrease (increase) in fair value of marketable securities
-5,533	-26,453	0	0	-	-	-	-	-	-	-	-	-
Real estate impairment losses and related write-offs
26,705	12,000	0	-	-	-	-	-	-	-	-	-	-
Prepayment penalty on redemption of senior unsecured notes due 2022
-22,058	0	0	-	-	-	-	-	-	-	-	-	-
Amortization of below-market leases, net
19,830	38,573	46,790	53,202	-	-	-	-	-	-	-	-	-
Gain (Loss) Representing Purchasing Price Fair Value Adjustment
0	44,060	0	0	-	-	-	-	-	-	-	-	-
Return of capital from real estate fund investments
0	20,290	91,606	71,888	-	-	-	-	-	-	-	-	-
Change in valuation of deferred tax assets and liabilities
0	-12,835	-34,800	-	-	-	-	-	-	-	-	-	-
Gain (Loss) on Sale of Properties
-	-	-	5,074	-	-	-	-	-	-	-	-	-
Net gains on real estate and other
0	0	3,489	487,877	-	-	-	-	-	-	-	-	-
Other non-cash adjustments
-13,765	-7,499	-23,651	-39,406	-	-	-	-	-	-	-	-	-
Real estate fund investments
10,000	68,950	0	0	-	-	-	-	-	-	-	-	-
Tenant and other receivables, net
25,988	14,532	-1,183	4,271	-	-	-	-	-	-	-	-	-
Prepaid assets
-7,558	-151,533	12,292	7,893	-	-	-	-	-	-	-	-	-
Other assets
4,302	84,222	79,199	76,357	-	-	-	-	-	-	-	-	-
Accounts payable and accrued expenses
5,940	5,869	3,760	13,278	-	-	-	-	-	-	-	-	-
Other liabilities
1,626	-11,363	-15,305	-719	-	-	-	-	-	-	-	-	-
Net cash provided by operating activities
662,539	802,641	860,142	995,080	-	-	-	-	-	-	-	-	-
Proceeds from sale of condominium units at 220 Central Park South
1,605,356	214,776	0	0	-	-	-	-	-	-	-	-	-
Proceeds from transfer of interest in Fifth Avenue and Times Square JV (net of $35,562 of transaction costs and $10,899 of deconsolidated cash and restricted cash)
1,248,743	0	0	0	-	-	-	-	-	-	-	-	-
Development costs and construction in progress
649,056	418,186	355,852	606,565	-	-	-	-	-	-	-	-	-
Proceeds from repayments of loans receivable
-	-	-	45	-	-	-	-	-	-	-	-	-
Additions to real estate
233,666	234,602	271,308	91,103	-	-	-	-	-	-	-	-	-
Additions to real estate
-	-	-	387,545	-	-	-	-	-	-	-	-	-
Proceeds from sales of marketable securities
168,314	4,101	0	3,937	-	-	-	-	-	-	-	-	-
Investments in partially owned entities
18,257	37,131	40,537	127,608	-	-	-	-	-	-	-	-	-
Acquisitions of real estate and other
69,699	574,812	30,607	-	-	-	-	-	-	-	-	-	-
Distributions of capital from partially owned entities
24,880	100,178	366,155	196,635	-	-	-	-	-	-	-	-	-
Proceeds from redemption of 640 Fifth Avenue preferred equity
500,000	0	0	-	-	-	-	-	-	-	-	-	-
Moynihan Train Hall expenditures
438,935	74,609	0	0	-	-	-	-	-	-	-	-	-
Proceeds from sale of real estate and related investments
324,201	219,731	9,543	183,173	-	-	-	-	-	-	-	-	-
Proceeds from repayments of loans receivable
1,395	25,757	659	-	-	-	-	-	-	-	-	-	-
Investments in loans receivable
0	105,000	0	11,700	-	-	-	-	-	-	-	-	-
Net consolidation of Farley Office and Retail Building
0	2,075	0	-	-	-	-	-	-	-	-	-	-
Proceeds from the repayment of JBG SMITH Properties loan receivable
0	0	-115,630	0	-	-	-	-	-	-	-	-	-
Net deconsolidation of 7 West 34th Street
-	-	-	48,000	-	-	-	-	-	-	-	-	-
Purchases of marketable securities
-	-	-	4,379	-	-	-	-	-	-	-	-	-
Net cash (used in) provided by investing activities
2,463,276	-877,722	-206,317	-893,110	-	-	-	-	-	-	-	-	-
Proceeds from borrowings
1,108,156	526,766	1,055,872	2,403,898	-	-	-	-	-	-	-	-	-
Dividends paid on common shares / Distributions to Vornado
503,785	479,348	496,490	475,961	-	-	-	-	-	-	-	-	-
Moynihan Train Hall reimbursement from Empire State Development
438,935	74,609	0	0	-	-	-	-	-	-	-	-	-
Purchase of marketable securities in connection with defeasance of mortgage payable
407,126	0	0	-	-	-	-	-	-	-	-	-	-
Distribution to noncontrolling interests / redeemable security holders and noncontrolling interests in consolidated subsidiaries
80,194	76,149	109,697	130,590	-	-	-	-	-	-	-	-	-
Dividends paid on preferred shares / Distributions to preferred unitholders
50,131	55,115	64,516	80,137	-	-	-	-	-	-	-	-	-
Proceeds received from exercise of employee share options (Vornado stock options) and other
6,903	7,309	29,712	8,269	-	-	-	-	-	-	-	-	-
Contributions from noncontrolling interests / noncontrolling interests in consolidated subsidiaries
17,871	61,062	1,044	11,950	-	-	-	-	-	-	-	-	-
Repayments of borrowings
2,718,987	685,265	631,681	1,894,990	-	-	-	-	-	-	-	-	-
Repurchase of shares (Class A units) related to stock compensation arrangements and related tax withholdings
8,692	12,969	418	186	-	-	-	-	-	-	-	-	-
Prepayment penalty on redemption of senior unsecured notes due 2022
22,058	0	0	-	-	-	-	-	-	-	-	-	-
Debt issuance costs
15,588	12,908	12,325	42,157	-	-	-	-	-	-	-	-	-
Redemption of preferred shares / units
893	470,000	0	246,250	-	-	-	-	-	-	-	-	-
Debt prepayment and extinguishment costs
0	818	3,217	0	-	-	-	-	-	-	-	-	-
Cash and cash equivalents and restricted cash included in the spin-off of JBG SMITH Properties ($275,000 plus The Bartlett financing proceeds less transaction costs and other mortgage items)
0	0	416,237	0	-	-	-	-	-	-	-	-	-
Proceeds from issuance of preferred shares / units
0	0	309,609	0	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) financing activities
-2,235,589	-1,122,826	-338,344	-446,154	-	-	-	-	-	-	-	-	-
Net increase (decrease) in cash and cash equivalents and restricted cash
890,226	-1,197,907	315,481	-344,184	-	-	-	-	-	-	-	-	-
Cash payments for interest, excluding capitalized interest of $11,913 and $21,371
283,613	311,835	338,983	368,762	-	-	-	-	-	-	-	-	-
Cash payments for income taxes
59,834	62,225	6,727	9,716	-	-	-	-	-	-	-	-	-
Adjustments to carry redeemable Class A units at redemption value
70,810	198,064	268,494	-26,251	-	-	-	-	-	-	-	-	-
Preferred equity
2,327,750	0	0	-	-	-	-	-	-	-	-	-	-
Common equity
1,449,495	0	0	-	-	-	-	-	-	-	-	-	-
Reclassification of condominium units from development costs and construction in progress to 220 Central Park South condominium units ready for sale
1,311,468	233,179	0	0	-	-	-	-	-	-	-	-	-
Accrued capital expenditures included in accounts payable and accrued expenses
109,975	88,115	102,976	120,564	-	-	-	-	-	-	-	-	-
Marketable securities transferred in connection with the defeasance of mortgage payable
407,126	0	0	-	-	-	-	-	-	-	-	-	-
Special dividend/distribution declared and payable on January 15, 2020
398,292	0	0	-	-	-	-	-	-	-	-	-	-
Defeased mortgage payable
390,000	0	0	-	-	-	-	-	-	-	-	-	-
Write-off of fully depreciated assets
122,813	86,064	58,810	305,679	-	-	-	-	-	-	-	-	-
Lease liabilities arising from the recognition of right-of-use assets
526,866	0	0	-	-	-	-	-	-	-	-	-	-
Recognition of negative basis related to the sale of our investment in 330 Madison Avenue
60,052	0	0	-	-	-	-	-	-	-	-	-	-
Amounts related to our investment in Pennsylvania Real Estate Investment Trust reclassified from investments in partially owned entities and accumulated other comprehensive (loss) income to marketable securities upon conversion of operating partnership units to common shares
54,962	0	0	-	-	-	-	-	-	-	-	-	-
Assets
-	-	-	0	-	-	-	-	-	-	-	-	-
Liabilities
-	-	-	0	-	-	-	-	-	-	-	-	-
Equity
-	-	-	0	-	-	-	-	-	-	-	-	-
Reclassification of Series G and Series I cumulative redeemable preferred shares to liabilities upon call for redemption
0	0	455,514	0	-	-	-	-	-	-	-	-	-
Loan receivable established upon the spin-off of JBG SMITH Properties
0	0	115,630	-	-	-	-	-	-	-	-	-	-
Reduction in unrealized net gain on available-for-sale securities
0	0	-20,951	52,057	-	-	-	-	-	-	-	-	-
Real estate, net
-	-	-	122,047	-	-	-	-	-	-	-	-	-
Mortgage payable, net
-	-	-	290,418	-	-	-	-	-	-	-	-	-
JBGS
Cash and cash equivalents and restricted cash included in the spin-off of JBG SMITH Properties ($275,000 plus The Bartlett financing proceeds less transaction costs and other mortgage items)
-	-	275,000	-	-	-	-	-	-	-	-	-	-
Assets
0	0	3,432,738	-	-	-	-	-	-	-	-	-	-
Liabilities
0	0	1,414,186	-	-	-	-	-	-	-	-	-	-
Equity
0	0	2,018,552	-	-	-	-	-	-	-	-	-	-
Loan receivable established upon the spin-off of JBG SMITH Properties
-	-	-	0	-	-	-	-	-	-	-	-	-
Farley Post Office Joint Venture
Real estate, net
0	401,708	0	-	-	-	-	-	-	-	-	-	-
Mortgage payable, net
0	249,459	0	-	-	-	-	-	-	-	-	-	-
Farley Office and Retail Building
Real estate, net
-	-	-	0	-	-	-	-	-	-	-	-	-
Mortgage payable, net
-	-	-	0	-	-	-	-	-	-	-	-	-
Moynihan Train Hall
Real estate, net
0	346,926	0	0	-	-	-	-	-	-	-	-	-
Moynihan Train Hall obligation
0	346,926	0	0	-	-	-	-	-	-	-	-	-
Skyline Properties
Real estate, net
-	-	-	189,284	-	-	-	-	-	-	-	-	-
Mortgage payable, net
-	-	-	690,263	-	-	-	-	-	-	-	-	-