For the year ending 2025-12-31, VNORP had $27,927K increase in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income | 937,204 |
| Prepaid lease payment (net of initial direct costs) | -901,409 |
| Gain on sales-type lease | 803,248 |
| Depreciation and amortization (including amortization of deferred financing costs) | 481,456 |
| Equity in net income of partially owned entities | 141,310 |
| Distributions of income from partially owned entities | 114,754 |
| Straight-lining of rents | 71,960 |
| Net gains on disposition of wholly owned and partially owned assets | 35,291 |
| Stock-based compensation expense | 25,479 |
| Amortization of interest rate cap premiums | 23,466 |
| Change in deferred tax liability | 3,530 |
| Amortization of below-market leases, net | 383 |
| Real estate impairment losses | 0 |
| Credit losses on investments | 0 |
| Net realized and unrealized gain on real estate fund investments | 0 |
| Return of capital from real estate fund investments | 0 |
| Other non-cash adjustments | -4,510 |
| Tenant and other receivables | 18,787 |
| Prepaid assets | -8,644 |
| Other assets | 133,058 |
| Lease liabilities | -43,352 |
| Accounts payable and accrued expenses | 6,277 |
| Other liabilities | -955 |
| Net cash provided by operating activities | 1,258,385 |
| Proceeds from partial redemption of fifth avenue and times square jv preferred equity | 749,000 |
| Acquisitions of real estate and other | 296,681 |
| Additions to real estate | 268,258 |
| Development costs and construction in progress | 144,609 |
| Proceeds from sales of real estate and other | 58,339 |
| Distributions of capital from partially owned entities | 50,927 |
| Proceeds from sale of condominium units and ancillary amenities at 220 central park south | 37,374 |
| Investments in partially owned entities | 35,585 |
| Investment in loan receivable | 35,000 |
| Proceeds from maturities of u.s. treasury bills | 0 |
| Proceeds from repayment of participation in 150 west 34th street mortgage loan | 0 |
| Deconsolidation of cash and restricted cash held by a previously consolidated entity | 0 |
| Net cash provided by (used in) investing activities | 115,507 |
| Repayments of borrowings | 1,903,513 |
| Proceeds from borrowings | 835,794 |
| Dividends paid on common shares | 141,277 |
| Dividends paid on preferred shares | 62,104 |
| Repurchase of common shares | 50,991 |
| Distributions to noncontrolling interests | 23,067 |
| Deferred financing costs | 7,478 |
| Contributions from noncontrolling interests in consolidated subsidiaries | 6,712 |
| Other financing activity, net | -41 |
| Net cash used in financing activities | -1,345,965 |
| Net increase (decrease) in cash and cash equivalents and restricted cash | 27,927 |
| Cash and cash equivalents at beginning of period | 949,619 |
| Cash and cash equivalents at end of period | 977,546 |
VORNADO REALTY TRUST (VNORP)
VORNADO REALTY TRUST (VNORP)