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Redeemable Noncontrolling Interests (Tables) | 6 Months Ended
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Jun. 30, 2026
Noncontrolling Interest [Abstract] |
Schedule of Activity of Redeemable Noncontrolling Interests | Below is a table summarizing the activity of redeemable noncontrolling partnership units.
(Amounts in thousands) | For the Three Months Ended June 30, |  | For the Six Months Ended June 30,
| 2026 |  | 2025 |  | 2026 |  | 2025
Beginning balance | $ | 443,982 |  |  | $ | 622,941 |  |  | $ | 557,671 |  |  | $ | 711,943 |
Net income (loss) | 1,489 |  |  | 64,863 |  |  | (530) |  |  | 72,752 |
Other comprehensive income (loss) | 920 |  |  | (1,494) |  |  | 2,286 |  |  | (4,271) |
Distributions | (28) |  |  | (29) |  |  | (57) |  |  | (522) |
Redemption of Class A units for Vornado common shares, at redemption value | (11,711) |  |  | (3,427) |  |  | (16,987) |  |  | (48,578) |
Redeemable Class A unit measurement adjustment | 215,599 |  |  | (47,853) |  |  | 102,097 |  |  | (102,388) |
Other, net | 7,768 |  |  | 7,464 |  |  | 13,539 |  |  | 13,529 |
Ending balance | $ | 658,019 |  |  | $ | 642,465 |  |  | $ | 658,019 |  |  | $ | 642,465 |
Below is a table summarizing the activity of the redeemable noncontrolling interest in a consolidated subsidiary.
(Amounts in thousands) | For the Three Months Ended June 30, |  | For the Six Months Ended June 30,
| 2026 |  | 2025 |  | 2026 |  | 2025
Beginning balance | $ | 82,706 |  |  | $ | 115,283 |  |  | $ | 90,280 |  |  | $ | 122,715 |
Net loss | (6,648) |  |  | (6,994) |  |  | (14,222) |  |  | (14,426) |
Distributions | (390) |  |  | (657) |  |  | (390) |  |  | (657) |
Ending balance | $ | 75,668 |  |  | $ | 107,632 |  |  | $ | 75,668 |  |  | $ | 107,632 |

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