| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Land | 2,386,674 | 2,385,812 | ||
| Buildings and improvements | 10,716,133 | 10,560,211 | ||
| Development costs and construction in progress | 1,015,288 | 872,493 | ||
| Leasehold improvements and equipment | 111,528 | 112,832 | ||
| Total | 14,229,623 | 13,931,348 | ||
| Less accumulated depreciation and amortization | 4,115,089 | 4,028,816 | ||
| Real estate, net | 10,114,534 | 9,902,532 | ||
| Right-of-use assets | 677,556 | 677,249 | ||
| Net investment in lease | 165,812 | 165,634 | ||
| Cash and cash equivalents | 1,009,876 | 1,204,863 | ||
| Restricted cash | 142,219 | 158,435 | ||
| Tenant and other receivables | 89,322 | 65,210 | ||
| Investments in partially owned entities | 1,965,901 | 2,003,206 | ||
| Receivable arising from the straight-lining of rents | 724,807 | 700,392 | ||
| Deferred leasing costs, net of accumulated amortization of 228,612 and 268,532 | 350,198 | 326,688 | ||
| Identified intangible assets, net of accumulated amortization of 80,758 and 75,002 | 112,459 | 114,381 | ||
| Other assets | 394,414 | 289,906 | ||
| Assets | 15,747,098 | 15,608,496 | ||
| Mortgages payable, net | 4,921,263 | 4,977,526 | ||
| Senior unsecured notes, net | 746,896 | 746,588 | ||
| Unsecured term loan, net | 796,990 | 796,643 | ||
| Unsecured revolving credit facilities | 720,420 | 575,000 | ||
| Lease liabilities | 708,457 | 710,261 | ||
| Accounts payable and accrued expenses | 382,267 | 336,524 | ||
| Deferred compensation plan | 111,574 | 104,765 | ||
| Other liabilities | 341,634 | 347,131 | ||
| Total liabilities | 8,729,501 | 8,594,438 | ||
| Total redeemable noncontrolling interests | 781,271 | 750,097 | ||
| Preferred shares of beneficial interest no par value per share authorized 110,000,000 shares issued and outstanding 48,789,180 shares | 1,182,364 | 1,182,364 | ||
| Common shares of beneficial interest 0.04 par value per share authorized 250,000,000 shares issued and outstanding 192,054,832 and 190,846,580 shares | 7,682 | 7,682 | ||
| Additional capital | 8,172,106 | 8,203,781 | ||
| Earnings less than distributions | -3,300,001 | -3,311,586 | ||
| Accumulated other comprehensive income | 3,973 | 9,857 | ||
| Total shareholders' / partners' equity | 6,066,124 | 6,092,098 | ||
| Noncontrolling interests in consolidated subsidiaries | 170,202 | 171,863 | ||
| Total equity | 6,236,326 | 6,263,961 | ||
| Total liabilities, redeemable noncontrolling interests / partnership units and equity | 15,747,098 | 15,608,496 | ||
VORNADO REALTY TRUST (VNO)
VORNADO REALTY TRUST (VNO)