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Consolidated and Combined Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 19,788 $ (12,017)
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 14,173 14,006
Amortization of deferred financing costs 659 684
Amortization of below market leases, net (1,875) (1,986)
Straight-lining of rent (213) (83)
Share-based compensation expense 1,297 7,441
Non-cash separation costs paid by Vornado 0 17,403
Provision for doubtful accounts 351 323
Change in operating assets and liabilities:    
Tenant and other receivables 741 (1,384)
Prepaid and other assets 71 (268)
Accounts payable and accrued expenses (2,852) 3,815
Other liabilities 305 2,647
Net cash provided by operating activities 32,445 30,581
CASH FLOWS FROM INVESTING ACTIVITIES    
Real estate additions (14,843) (3,702)
Decrease (increase) in cash held in escrow and restricted cash 962 (2,968)
Net cash used in investing activities (13,881) (6,670)
CASH FLOWS FROM FINANCING ACTIVITIES    
Debt repayments (4,131) (34,754)
Contributions from Vornado 0 (231,462)
Dividends paid to shareholders (19,792) (19,852)
Distributions to redeemable noncontrolling interests (1,237) (1,212)
Debt issuance costs 0 (3,198)
Payments Related to Tax Withholding for Share-based Compensation (33) 0
Proceeds from Issuance of Common Stock 0 (54)
Net cash provided by (used in) financing activities (25,193) 172,500
Net (decrease) increase in cash and cash equivalents (6,629) 196,411
Cash and cash equivalents at beginning of period 168,983 2,600
Cash and cash equivalents at end of period 162,354 199,011
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Cash payments for interest (includes amounts capitalized of $518 and $0, respectively) 12,870 13,918
Cash payments for income taxes 17 16
NON-CASH INVESTING AND FINANCING ACTIVITIES    
Accrued capital expenditures included in accounts payable and accrued expenses 5,727 3,453
Write off of fully depreciated assets $ 279 $ 933