| Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 |
---|
Net income | 81 | 675 | 57 | 68 | 77 | 86 | 81 | 33 | 60 | 42 | 133 | 58 | 102 |
---|
Depreciation, Depletion and Amortization | 37 | 36 | 31 | 32 | 34 | 36 | 39 | 38 | 37 | 35 | 35 | 31 | 35 |
---|
Straight-lining of rents | - | 4 | 4 | 3 | 1 | -2 | -4 | -6 | -2 | -21 | -10 | -8 | -3 |
---|
Net gains on sale of real estate (2021 includes $2,348 from discontinued operations) | - | - | - | - | - | - | - | - | - | - | 72 | - | 54 |
---|
Write-off of tenant receivables | - | - | - | - | - | - | - | - | - | 4 | - | - | - |
---|
Straight-lining of rents | - | 4 | 4 | 3 | 1 | -2 | -4 | -6 | -2 | -21 | -10 | -8 | -3 |
---|
Stock-based compensation expense | - | - | - | - | - | - | - | - | 0 | 1 | 0 | 0 | 0 |
---|
Net gains on sale of real estate (2021 includes $2,348 from discontinued operations) | - | - | - | - | - | - | - | - | - | - | 72 | - | 54 |
---|
Change in fair value of marketable securities | - | - | - | - | - | - | - | -12 | -9 | -9 | 3 | - | - |
---|
Change in fair value of marketable securities | - | - | - | - | - | - | - | -12 | -9 | -9 | 3 | - | - |
---|
Interest rate cap premium amortization | - | - | - | - | - | - | - | - | - | - | - | - | 8 |
---|
Dividends received in stock | - | - | - | - | - | - | - | - | - | 0 | - | - | - |
---|
Other non-cash adjustments | - | - | - | - | - | - | - | - | - | - | - | 3 | 2 |
---|
Other non-cash adjustments | - | - | - | - | - | - | - | - | - | - | - | 3 | 2 |
---|
Tenant and other receivables | -2 | -0 | 1 | -1 | 2 | -1 | -0 | 1 | 2 | 6 | -2 | -2 | 1 |
---|
Other assets | 5 | -4 | 0 | 4 | 5 | 10 | 3 | 1 | -22 | 28 | -3 | -3 | -14 |
---|
Amounts due to Vornado | -2 | -2 | -3 | -43 | 2 | -2 | 2 | -2 | 1 | -0 | -0 | 0 | -0 |
---|
Accounts payable and accrued expenses | -5 | -0 | -6 | -1 | 1 | 16 | 0 | -12 | -2 | 2 | 13 | 3 | 3 |
---|
Other liabilities | -0 | 0 | -0 | -0 | -0 | -0 | -0 | 0 | -1 | -1 | -1 | 0 | -0 |
---|
Tenant and other receivables | -2 | -0 | 1 | -1 | 2 | -1 | -0 | 1 | 2 | 6 | -2 | -2 | 1 |
---|
Other assets | 5 | -4 | 0 | 4 | 5 | 10 | 3 | 1 | -22 | 28 | -3 | -3 | -14 |
---|
Amounts due to Vornado | -2 | -2 | -3 | -43 | 2 | -2 | 2 | -2 | 1 | -0 | -0 | 0 | -0 |
---|
Accounts payable and accrued expenses | -5 | -0 | -6 | -1 | 1 | 16 | 0 | -12 | -2 | 2 | 13 | 3 | 3 |
---|
Other liabilities | -0 | 0 | -0 | -0 | -0 | -0 | -0 | 0 | -1 | -1 | -1 | 0 | -0 |
---|
Net cash provided by operating activities | 93 | 110 | 74 | - | - | - | - | 74 | 126 | 78 | 118 | 103 | 109 |
---|
Construction in progress and real estate additions | 14 | 7 | 8 | 62 | 50 | 16 | 3 | 4 | 9 | 32 | 20 | 14 | - |
---|
Construction in progress and real estate additions | - | - | - | - | - | - | - | - | - | - | - | - | 5 |
---|
Purchase of U.S. Treasury bills | 5 | - | - | 25 | - | - | - | - | - | - | - | 364 | - |
---|
Proceeds from maturities of U.S. Treasury bills | - | - | - | - | - | - | - | - | - | - | - | 99 | - |
---|
Proceeds from maturities of U.S. Treasury bills | - | - | - | - | - | - | - | - | - | - | 4 | - | 265 |
---|
Proceeds from sales of real estate | - | - | - | - | - | - | - | - | - | - | 82 | - | 68 |
---|
Return of short-term investment | - | - | - | - | 25 | - | - | - | - | - | - | - | - |
---|
Purchase of interest rate cap | - | - | - | - | - | - | - | - | - | - | - | - | 11 |
---|
Proceeds from interest rate cap | - | - | - | - | - | - | - | - | - | - | - | - | 5 |
---|
Net cash provided by (used in) investing activities | 0 | 710 | -7 | - | - | - | - | -1 | -9 | -32 | 75 | -279 | 322 |
---|
Return of short-term investment | - | - | - | - | 25 | - | - | - | - | - | - | - | - |
---|
Net cash provided by (used in) investing activities | 0 | 710 | -7 | - | - | - | - | -1 | -9 | -32 | 75 | -279 | 322 |
---|
Dividends paid | 61 | 700 | 56 | 66 | 72 | 82 | 87 | 92 | 92 | 92 | 92 | 92 | 92 |
---|
Debt issuance costs | 6 | 0 | 0 | 4 | 4 | 0 | 12 | 2 | 0 | 7 | 0 | 0 | 0 |
---|
Debt repayments | 508 | 265 | 16 | 317 | 323 | 3 | 304 | 160 | - | 50 | 68 | - | - |
---|
Proceeds from borrowings | 593 | - | - | 300 | 350 | - | 500 | 78 | - | 240 | - | - | - |
---|
Net cash used in financing activities | 17 | -973 | -72 | - | - | - | - | -176 | -92 | 90 | -160 | -92 | -92 |
---|
Net cash used in financing activities | 17 | -973 | -72 | - | - | - | - | -176 | -92 | 90 | -160 | -92 | -92 |
---|
Net increase (decrease) in cash and cash equivalents and restricted cash | - | - | - | - | - | - | - | -104 | 24 | 136 | 34 | -269 | 338 |
---|
Cash payments for interest (net of amounts capitalized) | - | - | - | - | - | - | - | - | 35 | 22 | 19 | 26 | 54 |
---|
Right-of-Use Asset Obtained in Exchange for Finance Lease Liability | - | - | - | - | - | - | - | - | - | - | - | 16 | - |
---|
Non Cash Additions To Real Estate | 3 | 0 | 1 | 14 | 10 | 0 | 1 | 1 | 3 | 5 | 1 | 2 | 2 |
---|
Write-off of fully depreciated assets | 7 | 1 | - | 11 | 21 | 2 | 4 | 16 | - | 1 | 6 | 0 | 8 |
---|
Write-off of fully depreciated assets | 7 | 1 | - | 11 | 21 | 2 | 4 | 16 | - | 1 | 6 | 0 | 8 |
---|
Non Cash Additions To Real Estate | 3 | 0 | 1 | 14 | 10 | 0 | 1 | 1 | 3 | 5 | 1 | 2 | 2 |
---|
Right-of-Use Asset Obtained in Exchange for Finance Lease Liability | - | - | - | - | - | - | - | - | - | - | - | 16 | - |
---|