For the quarter ending 2026-03-31, VNO-PL had $233,970K increase in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 |
|---|---|---|---|
| Net (loss) income | -22,026 | 4,914 | 932,290 |
| Prepaid lease payment (net of initial direct costs) | - | 0 | -901,409 |
| Gain on sales-type lease | - | 0 | 803,248 |
| Depreciation and amortization (including amortization of deferred financing costs) | 124,083 | 118,073 | 363,383 |
| Straight-lining of rents | 26,210 | 27,725 | 44,235 |
| Distributions of income from partially owned entities | 23,710 | 34,206 | 80,548 |
| Equity in net income of partially owned entities | 12,822 | 5,722 | 135,588 |
| Stock-based compensation expense | 5,655 | 6,365 | 19,114 |
| Change in deferred tax liability | 2,989 | 2,847 | 683 |
| Amortization of below-market leases, net | 101 | 99 | 284 |
| Real estate impairment losses | - | 0 | - |
| Credit losses on investments | - | 0 | - |
| Net realized and unrealized gain on real estate fund investments | - | 0 | - |
| Amortization of interest rate cap premiums | 62 | 3,079 | 20,387 |
| Return of capital from real estate fund investments | - | 0 | - |
| Net gains on disposition of wholly owned and partially owned assets | 0 | 11,252 | 24,039 |
| Other non-cash adjustments | -4,242 | -2,022 | -2,488 |
| Tenant and other receivables | 22,830 | -11,531 | 30,318 |
| Prepaid assets | 64,575 | -61,198 | 52,554 |
| Other assets | -18,618 | 38,767 | 94,291 |
| Lease liabilities | -1,574 | -2,049 | -41,303 |
| Accounts payable and accrued expenses | 18,091 | -14,242 | 20,519 |
| Other liabilities | 435 | 1,894 | -2,849 |
| Net cash provided by operating activities | 47,747 | 146,273 | 1,112,112 |
| Investment in loan receivable | - | 0 | - |
| Proceeds from maturities of u.s. treasury bills | - | 0 | - |
| Acquisitions of real estate and other | 171,840 | 51,430 | - |
| Proceeds from repayment of loan receivable | 85,000 | 0 | - |
| Additions to real estate | 65,989 | 56,797 | - |
| Investments in partially owned entities | 41,163 | 6,423 | - |
| Development costs and construction in progress | 36,284 | 27,205 | - |
| Distributions of capital from partially owned entities | 350 | 3,639 | - |
| Proceeds from partial redemption of fifth avenue and times square jv preferred equity | 0 | 0 | - |
| Proceeds from sale of condominium units and ancillary amenities at 220 central park south | 0 | 12,535 | - |
| Deconsolidation of cash and restricted cash held by a previously consolidated entity | - | 0 | - |
| Proceeds from sales of real estate and other | 0 | 32,664 | - |
| Net cash (used in) provided by investing activities | -229,926 | -93,017 | 208,524 |
| Proceeds from borrowings | 1,514,781 | 374 | 835,420 |
| Repayments of borrowings | 968,081 | 2,830 | 1,900,683 |
| Repurchase of common shares | 79,899 | 50,991 | - |
| Dividends paid on common shares | - | 141,277 | - |
| Deferred financing costs | 35,137 | 669 | 6,809 |
| Dividends paid on preferred shares | 15,525 | 15,526 | 46,578 |
| Distributions to noncontrolling interests | 107 | 21,671 | 1,396 |
| Contributions from noncontrolling interests | 0 | 4,785 | 1,927 |
| Other financing activity, net | 117 | 0 | -41 |
| Net cash provided by (used in) financing activities | 416,149 | -227,805 | -1,118,160 |
| Net increase (decrease) in cash and cash equivalents and restricted cash | 233,970 | -174,549 | 202,476 |
| Cash and cash equivalents and restricted cash at beginning of period | 977,546 | 1,152,095 | 949,619 |
| Cash and cash equivalents and restricted cash at end of period | 1,211,516 | 977,546 | 1,152,095 |
VORNADO REALTY TRUST (VNO-PL)
VORNADO REALTY TRUST (VNO-PL)