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| <NonNumbericText> <div> <div><!-- 2.0.3657.28464 --><div><!-- body --><div style="font-family: 'Times New Roman';"> <p style="margin: 0in 0in 12pt;" class="BLDHEADII"><strong><font class="_mt" size="2">8.<font style="mso-tab-count: 1;" class="_mt"> Redeemable Noncontrolling Interests</font></font></strong></p> <p style="margin: 0in 0in 0pt;" class="Bodytext"><font class="_mt" size="2"> Redeemable noncontrolling interests on our consolidated balance sheets represent Operating Partnership units held by third-parties and are comprised of (i) Class A units, (ii) Series B convertible preferred units, and (iii) Series D-10, D-11, D-12, D-14 and D-15 (collectively, “Series D”) cumulative redeemable preferred units.<font style="mso-spacerun: yes;" class="_mt"> Class A units of the Operating Partnership may be tendered for redemption to the Operating Partnership for cash; we, at our option, may assume that obligation and pay the holder either cash or Vornado common shares on a one-for-one basis.<font style="mso-spacerun: yes;" class="_mt"> Because the number of Vornado common shares outstanding at all times equals the number of Class A units owned by Vornado, the redemption value of each Class A unit is equivalent to the market value of one Vornado common share, and the quarterly distribution to a Class A unitholder is equal to the quarterly dividend paid to a Vornado common shareholder.<font style="mso-spacerun: yes;" class="_mt"> Below are the details of Operating Partnership units held by third-parties that are included in “redeemable noncontrolling interests” as of December 31, 2009 and 2008:</font></font></font></font></p> <p style="margin: 0in 0in 0pt;" class="Bodytext"> </p> <p style="margin: 0in 0in 0pt;" class="Bodytext"></p> <table style="margin: 0in 0in 0pt; width: 736pt; border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="977"> <tr style="height: 12.75pt;"> <td style="border-bottom: #ece9d8; border-left: #ece9d8; background-color: transparent; width: 176pt; height: 25.5pt; border-top: #ece9d8; border-right: #ece9d8;" class="xl65" height="34" rowspan="2" width="235"> <p align="center"> </p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" rowspan="2" width="22"> <p align="center"> </p> </td> <td style="border-bottom: black 0.5pt solid; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 183pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl65" rowspan="2" width="242" colspan="3"> <p align="center"><font style="mso-bidi-font-size: 8pt;" class="_mt"><strong><font class="_mt" size="2">Outstanding Units at</font></strong></font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" rowspan="2" width="22"> <p align="center"> </p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 106pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl65" rowspan="2" width="141" colspan="2"> <p align="center"><font style="mso-bidi-font-size: 8pt;" class="_mt"><strong><font class="_mt" size="2">Per Unit</font></strong></font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" rowspan="2" width="22"> <p align="center"> </p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 121pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl65" width="162" colspan="2"> <p align="center"><font style="mso-bidi-font-size: 8pt;" class="_mt"><strong><font class="_mt" size="2">Preferred or</font></strong></font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" rowspan="2" width="22"> <p align="center"> </p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 65pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl65" rowspan="2" width="87"> <p align="center"><font style="mso-bidi-font-size: 8pt;" class="_mt"><strong><font class="_mt" size="2">Conversion</font></strong></font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" rowspan="2" width="22"> <p align="center"> </p> </td> </tr> <tr style="height: 12.75pt;"> <td style="border-bottom: #ece9d8; border-left: #ece9d8; background-color: transparent; width: 121pt; height: 12.75pt; border-top: #ece9d8; border-right: #ece9d8;" class="xl65" height="17" width="162" colspan="2"> <p align="center"><strong><font class="_mt" size="2">Annual</font></strong></p> </td> </tr> <tr style="page-break-inside: avoid; height: 12.75pt; mso-yfti-irow: 1;"> <td style="border-bottom: black 0.5pt solid; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 176pt; height: 25.5pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl65" height="34" rowspan="2" width="235"> <p align="center"><font style="mso-bidi-font-size: 8pt;" class="_mt"><strong><font class="_mt" size="2">Unit Series</font></strong></font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" rowspan="2" width="22"> <p align="center"> </p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 83pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl65" width="110"> <p align="center"><font style="mso-bidi-font-size: 8pt;" class="_mt"><strong><font class="_mt" size="2">December 31,</font></strong></font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" rowspan="2" width="22"> <p align="center"> </p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 83pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl65" width="110"> <p align="center"><font style="mso-bidi-font-size: 8pt;" class="_mt"><strong><font class="_mt" size="2">December 31,</font></strong></font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" rowspan="2" width="22"> <p align="center"> </p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 106pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl65" width="141" colspan="2"> <p align="center"><font style="mso-bidi-font-size: 8pt;" class="_mt"><strong><font class="_mt" size="2">Liquidation</font></strong></font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" rowspan="2" width="22"> <p align="center"> </p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 121pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl65" width="162" colspan="2"> <p align="center"><font style="mso-bidi-font-size: 8pt;" class="_mt"><strong><font class="_mt" size="2">Distribution</font></strong></font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" rowspan="2" width="22"> <p align="center"> </p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 65pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl65" width="87"> <p align="center"><font style="mso-bidi-font-size: 8pt;" class="_mt"><strong><font class="_mt" size="2">Rate Into Class</font></strong></font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" rowspan="2" width="22"> <p align="center"> </p> </td> </tr> <tr style="height: 12.75pt;"> <td style="border-bottom: windowtext 0.5pt solid; border-left: #ece9d8; background-color: transparent; width: 83pt; height: 12.75pt; border-top: #ece9d8; border-right: #ece9d8;" class="xl75" height="17" width="110"> <p align="center"><strong><font class="_mt" size="2">2009</font></strong></p> </td> <td style="border-bottom: windowtext 0.5pt solid; border-left: #ece9d8; background-color: transparent; width: 83pt; border-top: #ece9d8; border-right: #ece9d8;" class="xl75" width="110"> <p align="center"><strong><font class="_mt" size="2">2008</font></strong></p> </td> <td style="border-bottom: windowtext 0.5pt solid; border-left: #ece9d8; background-color: transparent; width: 106pt; border-top: #ece9d8; border-right: #ece9d8;" class="xl75" width="141" colspan="2"> <p align="center"><strong><font class="_mt" size="2">Preference</font></strong></p> </td> <td style="border-bottom: windowtext 0.5pt solid; border-left: #ece9d8; background-color: transparent; width: 121pt; border-top: #ece9d8; border-right: #ece9d8;" class="xl75" width="162" colspan="2"> <p align="center"><strong><font class="_mt" size="2">Rate</font></strong></p> </td> <td style="border-bottom: windowtext 0.5pt solid; border-left: #ece9d8; background-color: transparent; width: 65pt; border-top: #ece9d8; border-right: #ece9d8;" class="xl75" width="87"> <p align="center"><strong><font class="_mt" size="2">A Units</font></strong></p> </td> </tr> <tr style="page-break-inside: avoid; height: 12.75pt; mso-yfti-irow: 2;"> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 176pt; height: 12.75pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" height="17" width="235"><font class="_mt" size="2">Common:</font></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="22"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 83pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl67" width="110"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="22"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 83pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl67" width="110"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="22"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 50pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl67" width="67"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 56pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl67" width="74"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="22"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 50pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl67" width="67"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 71pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl67" width="95"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="22"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 65pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl67" width="87"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="22"></td> </tr> <tr style="page-break-inside: avoid; height: 12.75pt; mso-yfti-irow: 3;"> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 176pt; height: 12.75pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl68" height="17" width="235"><font class="_mt" size="2">Class A<font style="mso-spacerun: yes;" class="_mt"> </font></font></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl68" width="22"><font class="_mt" size="2"> </font></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 83pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl69" width="110"> <p align="right"><font class="_mt" size="2">13,892,313</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl68" width="22"> <p align="right"> </p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 83pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl69" width="110"> <p align="right"><font class="_mt" size="2">14,627,005</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl68" width="22"> <p align="right"> </p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 50pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl70" width="67"> <p align="right"> </p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 56pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl70" width="74"> <p align="right"><font class="_mt" size="2">N/A</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl68" width="22"> <p align="right"> </p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 50pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl70" width="67"> <p align="right"><font class="_mt" size="2">$</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 71pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl70" width="95"> <p align="right"><font class="_mt" size="2">3.65</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl68" width="22"> <p align="right"> </p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 65pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl71" width="87"> <p align="right"><font class="_mt" size="2">N/A</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl68" width="22"><font class="_mt" size="2"> </font></td> </tr> <tr style="page-break-inside: avoid; height: 12.75pt; mso-yfti-irow: 4;"> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 176pt; height: 12.75pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" height="17" width="235"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="22"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 83pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl67" width="110"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="22"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 83pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl67" width="110"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="22"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 50pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl67" width="67"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 56pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl67" width="74"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="22"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 50pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl67" width="67"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 71pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl67" width="95"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="22"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 65pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl72" width="87"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="22"></td> </tr> <tr style="page-break-inside: avoid; height: 12.75pt; mso-yfti-irow: 5;"> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 176pt; height: 12.75pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" height="17" width="235"><font class="_mt" size="2">Convertible Preferred:</font></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="22"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 83pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl67" width="110"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="22"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 83pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl67" width="110"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="22"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 50pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl67" width="67"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 56pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl67" width="74"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="22"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 50pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl67" width="67"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 71pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl67" width="95"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="22"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 65pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl72" width="87"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="22"></td> </tr> <tr style="page-break-inside: avoid; height: 12.75pt; mso-yfti-irow: 6;"> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 176pt; height: 12.75pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl68" height="17" width="235"><font class="_mt" size="2">B-1 Convertible Preferred <font class="_mt"><strong>(1)</strong></font></font></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl68" width="22"><font class="_mt" size="2"> </font></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 83pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl70" width="110"> <p align="right"><font class="_mt" size="2">—</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl68" width="22"> <p align="right"> </p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 83pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl69" width="110"> <p align="right"><font class="_mt" size="2">139,798</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl68" width="22"> <p align="right"> </p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 50pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl70" width="67"> <p align="right"><font class="_mt" size="2">$</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 56pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl70" width="74"> <p align="right"><font class="_mt" size="2">50.00</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl68" width="22"> <p align="right"> </p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 50pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl70" width="67"> <p align="right"><font class="_mt" size="2">$</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 71pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl70" width="95"> <p align="right"><font class="_mt" size="2">2.50</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl68" width="22"> <p align="right"> </p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 65pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl73" width="87"> <p align="right"><strong><font class="_mt" size="2">(1)</font></strong></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl68" width="22"><font class="_mt" size="2"> </font></td> </tr> <tr style="page-break-inside: avoid; height: 12.75pt; mso-yfti-irow: 7;"> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 176pt; height: 12.75pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" height="17" width="235"><font class="_mt" size="2">B-2 Convertible Preferred <font class="_mt"><strong>(1)</strong></font></font></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="22"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 83pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl67" width="110"> <p align="right"><font class="_mt" size="2">—</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="22"> <p align="right"> </p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 83pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl74" width="110"> <p align="right"><font class="_mt" size="2">304,761</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="22"> <p align="right"> </p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 50pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl67" width="67"> <p align="right"><font class="_mt" size="2">$</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 56pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl67" width="74"> <p align="right"><font class="_mt" size="2">50.00</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="22"> <p align="right"> </p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 50pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl67" width="67"> <p align="right"><font class="_mt" size="2">$</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 71pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl67" width="95"> <p align="right"><font class="_mt" size="2">4.00</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="22"> <p align="right"> </p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 65pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl65" width="87"> <p align="right"><strong><font class="_mt" size="2">(1)</font></strong></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="22"></td> </tr> <tr style="page-break-inside: avoid; height: 12.75pt; mso-yfti-irow: 8;"> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 176pt; height: 12.75pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" height="17" width="235"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="22"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 83pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl67" width="110"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="22"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 83pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl67" width="110"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="22"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 50pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl67" width="67"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 56pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl67" width="74"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="22"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 50pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl67" width="67"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 71pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl67" width="95"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="22"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 65pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl72" width="87"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="22"></td> </tr> <tr style="page-break-inside: avoid; height: 12.75pt; mso-yfti-irow: 9;"> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 176pt; height: 12.75pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl68" height="17" width="235"><font class="_mt" size="2">Perpetual Preferred: <font class="_mt"><strong>(2)</strong></font></font></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl68" width="22"><font class="_mt" size="2"> </font></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 83pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl70" width="110"><font class="_mt" size="2"> </font></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl68" width="22"><font class="_mt" size="2"> </font></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 83pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl70" width="110"><font class="_mt" size="2"> </font></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl68" width="22"><font class="_mt" size="2"> </font></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 50pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl70" width="67"><font class="_mt" size="2"> </font></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 56pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl70" width="74"><font class="_mt" size="2"> </font></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl68" width="22"><font class="_mt" size="2"> </font></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 50pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl70" width="67"><font class="_mt" size="2"> </font></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 71pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl70" width="95"><font class="_mt" size="2"> </font></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl68" width="22"><font class="_mt" size="2"> </font></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 65pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl71" width="87"><font class="_mt" size="2"> </font></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl68" width="22"><font class="_mt" size="2"> </font></td> </tr> <tr style="page-break-inside: avoid; height: 12.75pt; mso-yfti-irow: 10;"> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 176pt; height: 12.75pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" height="17" width="235"><font class="_mt" size="2">7.00% D-10 Cumulative Redeemable</font></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="22"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 83pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl74" width="110"> <p align="right"><font class="_mt" size="2">3,200,000</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="22"> <p align="right"> </p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 83pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl74" width="110"> <p align="right"><font class="_mt" size="2">3,200,000</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="22"> <p align="right"> </p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 50pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl67" width="67"> <p align="right"><font class="_mt" size="2">$</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 56pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl67" width="74"> <p align="right"><font class="_mt" size="2">25.00</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="22"> <p align="right"> </p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 50pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl67" width="67"> <p align="right"><font class="_mt" size="2">$</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 71pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl67" width="95"> <p align="right"><font class="_mt" size="2">1.75</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="22"> <p align="right"> </p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 65pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl72" width="87"> <p align="right"><font class="_mt" size="2">N/A</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="22"></td> </tr> <tr style="page-break-inside: avoid; height: 12.75pt; mso-yfti-irow: 11;"> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 176pt; height: 12.75pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl68" height="17" width="235"><font class="_mt" size="2">7.20% D-11 Cumulative Redeemable<font style="mso-spacerun: yes;" class="_mt"> </font></font></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl68" width="22"><font class="_mt" size="2"> </font></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 83pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl69" width="110"> <p align="right"><font class="_mt" size="2">1,400,000</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl68" width="22"> <p align="right"> </p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 83pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl69" width="110"> <p align="right"><font class="_mt" size="2">1,400,000</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl68" width="22"> <p align="right"> </p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 50pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl70" width="67"> <p align="right"><font class="_mt" size="2">$</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 56pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl70" width="74"> <p align="right"><font class="_mt" size="2">25.00</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl68" width="22"> <p align="right"> </p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 50pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl70" width="67"> <p align="right"><font class="_mt" size="2">$</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 71pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl70" width="95"> <p align="right"><font class="_mt" size="2">1.80</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl68" width="22"> <p align="right"> </p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 65pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl71" width="87"> <p align="right"><font class="_mt" size="2">N/A</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl68" width="22"><font class="_mt" size="2"> </font></td> </tr> <tr style="page-break-inside: avoid; height: 12.75pt; mso-yfti-irow: 12;"> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 176pt; height: 12.75pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" height="17" width="235"><font class="_mt" size="2">6.55% D-12 Cumulative Redeemable<font style="mso-spacerun: yes;" class="_mt"> </font></font></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="22"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 83pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl74" width="110"> <p align="right"><font class="_mt" size="2">800,000</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="22"> <p align="right"> </p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 83pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl74" width="110"> <p align="right"><font class="_mt" size="2">800,000</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="22"> <p align="right"> </p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 50pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl67" width="67"> <p align="right"><font class="_mt" size="2">$</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 56pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl67" width="74"> <p align="right"><font class="_mt" size="2">25.00</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="22"> <p align="right"> </p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 50pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl67" width="67"> <p align="right"><font class="_mt" size="2">$</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 71pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl67" width="95"> <p align="right"><font class="_mt" size="2">1.637</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="22"> <p align="right"> </p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 65pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl72" width="87"> <p align="right"><font class="_mt" size="2">N/A</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="22"></td> </tr> <tr style="page-break-inside: avoid; height: 12.75pt; mso-yfti-irow: 13;"> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 176pt; height: 12.75pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl68" height="17" width="235"><font class="_mt" size="2">6.75% D-14 Cumulative Redeemable</font></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl68" width="22"><font class="_mt" size="2"> </font></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 83pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl69" width="110"> <p align="right"><font class="_mt" size="2">4,000,000</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl68" width="22"> <p align="right"> </p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 83pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl69" width="110"> <p align="right"><font class="_mt" size="2">4,000,000</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl68" width="22"> <p align="right"> </p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 50pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl70" width="67"> <p align="right"><font class="_mt" size="2">$</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 56pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl70" width="74"> <p align="right"><font class="_mt" size="2">25.00</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl68" width="22"> <p align="right"> </p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 50pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl70" width="67"> <p align="right"><font class="_mt" size="2">$</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 71pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl70" width="95"> <p align="right"><font class="_mt" size="2">1.6875</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl68" width="22"> <p align="right"> </p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 65pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl71" width="87"> <p align="right"><font class="_mt" size="2">N/A</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl68" width="22"><font class="_mt" size="2"> </font></td> </tr> <tr style="page-break-inside: avoid; height: 12.75pt; mso-yfti-irow: 14; mso-yfti-lastrow: yes;"> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 176pt; height: 12.75pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" height="17" width="235"><font class="_mt" size="2">6.875% D-15 Cumulative Redeemable<font style="mso-spacerun: yes;" class="_mt"> </font></font></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="22"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 83pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl74" width="110"> <p align="right"><font class="_mt" size="2">1,800,000</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="22"> <p align="right"> </p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 83pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl74" width="110"> <p align="right"><font class="_mt" size="2">1,800,000</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="22"> <p align="right"> </p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 50pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl67" width="67"> <p align="right"><font class="_mt" size="2">$</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 56pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl67" width="74"> <p align="right"><font class="_mt" size="2">25.00</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="22"> <p align="right"> </p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 50pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl67" width="67"> <p align="right"><font class="_mt" size="2">$</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 71pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl67" width="95"> <p align="right"><font class="_mt" size="2">1.71875</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="22"> <p align="right"> </p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 65pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl72" width="87"> <p align="right"><font class="_mt" size="2">N/A</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 17pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="22"></td> </tr> </table> <p style="margin: 0in 0in 0pt;" class="Bodytext"> </p> <p style="margin: 0in 0in 0pt;" class="Bodytext"> </p> <p style="margin: 3pt 0in 3pt 25pt; tab-stops: .5in;" class="FTNOTE"><font style="mso-bidi-font-size: 8.0pt;" class="_mt"><font class="_mt" size="2">__________________________________</font></font></p> <p style="text-align: justify; text-indent: -0.25in; margin: 0in 0in 0pt 24.5pt; tab-stops: list 24.5pt; mso-list: l0 level1 lfo1;" class="Footnote2"><font style="mso-bidi-font-size: 8.0pt;" class="_mt"><font style="mso-list: Ignore;" class="_mt"><font class="_mt" size="2">(1)</font><font style="font: 7pt 'Times New Roman';" class="_mt"> <font style="mso-bidi-font-size: 8.0pt;" class="_mt"><font class="_mt" size="2">On October 20, 2009, we redeemed all of the outstanding Series B convertible units in exchange for 139,798 Class A units, with an aggregate market value of approximately $8,600,000 at redemption.</font></font></font></font></font></p> <p style="text-align: justify; margin: 0in 0in 0pt 6.5pt;" class="Footnote2"> </p> <p style="text-align: justify; text-indent: -0.25in; margin: 0in 0in 0pt 24.5pt; tab-stops: list 24.5pt; mso-list: l0 level1 lfo1;" class="Footnote2"><font style="mso-bidi-font-size: 8.0pt;" class="_mt"><font style="mso-list: Ignore;" class="_mt"><font class="_mt" size="2">(2)</font><font style="font: 7pt 'Times New Roman';" class="_mt"> <font style="mso-bidi-font-size: 8.0pt;" class="_mt"><font class="_mt" size="2">Holders may tender units for redemption to the Operating Partnership for cash at their stated redemption amount; we, at our option, may assume that obligation and pay the holders either cash or Vornado preferred shares on a one-for-one basis.<font style="mso-spacerun: yes;" class="_mt"> These units are redeemable at our option after the 5<sup>th</sup> anniversary of the date of issuance (ranging from November 2008 to December 2011).</font></font></font></font></font></font></p> <p style="text-align: justify; margin: 0in 0in 0pt;" class="Footnote2"><font style="mso-bidi-font-size: 8.0pt;" class="_mt"><font style="font-family: 'Times New Roman','serif'; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA;" class="_mt"><br style="page-break-before: always;" clear="all" /></font></font> </p> <p style="text-align: center; margin: 0in 0in 0pt;" class="MsoNormal" align="center"></p> <p style="text-align: center; margin: 0in 0in 3pt; tab-stops: 22.5pt;" class="BLDHEADII"></p> <p style="margin: 0in 0in 0pt;" class="Bodytext"><font class="_mt" size="2"> Redeemable noncontrolling interests on our consolidated balance sheets are recorded at the greater of their carrying amount or redemption value at the end of each reporting period.<font style="mso-spacerun: yes;" class="_mt"> Changes in the value from period to period are charged to “additional capital” in our consolidated statements of changes in equity.<font style="mso-spacerun: yes;" class="_mt"> Below is a table summarizing the activity of redeemable noncontrolling interests.</font></font></font></p> <p style="margin: 0in 0in 0pt;" class="Bodytext"> </p> <p style="margin: 0in 0in 0pt;" class="Bodytext"> </p> <p style="margin: 0in 0in 0pt;" class="Bodytext"></p> <table style="margin: 0in 0in 0pt; width: 453pt; border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="604"> <tr style="page-break-inside: avoid; height: 12.75pt; mso-yfti-irow: 1;"> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 394pt; height: 12.75pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl65" height="17" width="525"><font class="_mt" size="2">(Amounts in thousands)</font></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 10pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="13"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 41pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl67" width="55"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 8pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="11"></td> </tr> <tr style="page-break-inside: avoid; height: 12.75pt; mso-yfti-irow: 2;"> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 394pt; height: 12.75pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl68" height="17" width="525"><font class="_mt" size="2">Balance at December 31, 2007</font></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 10pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl69" width="13"><font class="_mt" size="2">$</font></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 41pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl70" width="55"> <p align="right"><font class="_mt" size="2">1,658,303</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 8pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl68" width="11"><font class="_mt" size="2"> </font></td> </tr> <tr style="page-break-inside: avoid; height: 12.75pt; mso-yfti-irow: 3;"> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 394pt; height: 12.75pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl71" height="17" width="525"><font class="_mt" size="2">Net income</font></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 10pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="13"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 41pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl72" width="55"> <p align="right"><font class="_mt" size="2">55,411</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 8pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="11"></td> </tr> <tr style="page-break-inside: avoid; height: 12.75pt; mso-yfti-irow: 4;"> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 394pt; height: 12.75pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl73" height="17" width="525"><font class="_mt" size="2">Distributions</font></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 10pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl68" width="13"><font class="_mt" size="2"> </font></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 41pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl69" width="55"> <p align="right"><font class="_mt" size="2">(75,939</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 8pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl68" width="11"><font class="_mt" size="2">)</font></td> </tr> <tr style="page-break-inside: avoid; height: 12.75pt; mso-yfti-irow: 5;"> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 394pt; height: 12.75pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl71" height="17" width="525"><font class="_mt" size="2">Conversion of Class A redeemable units into common shares, at redemption value</font></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 10pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="13"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 41pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl67" width="55"> <p align="right"><font class="_mt" size="2">(82,330</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 8pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="11"><font class="_mt" size="2">)</font></td> </tr> <tr style="page-break-inside: avoid; height: 12.75pt; mso-yfti-irow: 6;"> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 394pt; height: 12.75pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl73" height="17" width="525"><font class="_mt" size="2">Mark-to-market adjustments on Class A redeemable units, in accordance with Topic D-98</font></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 10pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl68" width="13"><font class="_mt" size="2"> </font></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 41pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl69" width="55"> <p align="right"><font class="_mt" size="2">(400,647</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 8pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl68" width="11"> <p align="left"><font class="_mt" size="2">)</font></p> </td> </tr> <tr style="page-break-inside: avoid; height: 13.5pt; mso-yfti-irow: 7;"> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 394pt; height: 13.5pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl65" height="18" width="525"><font class="_mt" size="2">Other, net</font></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 10pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="13"></td> <td style="border-bottom: windowtext 1pt solid; border-left: #ece9d8; background-color: transparent; width: 41pt; border-top: #ece9d8; border-right: #ece9d8;" class="xl74" width="55"> <p align="right"><font class="_mt" size="2">23,180</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 8pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="11"></td> </tr> <tr style="page-break-inside: avoid; height: 12.75pt; mso-yfti-irow: 8;"> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 394pt; height: 12.75pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl75" height="17" width="525"><font class="_mt" size="2">Balance at December 31, 2008</font></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 10pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl69" width="13"><font class="_mt" size="2"> </font></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; background-color: #ccffff; width: 41pt; border-top: #ece9d8; border-right: #ece9d8;" class="xl70" width="55"> <p align="right"><font class="_mt" size="2">1,177,978</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 8pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl68" width="11"><font class="_mt" size="2"> </font></td> </tr> <tr style="page-break-inside: avoid; height: 12.75pt; mso-yfti-irow: 9;"> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 394pt; height: 12.75pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl65" height="17" width="525"><font class="_mt" size="2">Net income</font></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 10pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="13"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 41pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl72" width="55"> <p align="right"><font class="_mt" size="2">25,120</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 8pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="11"></td> </tr> <tr style="page-break-inside: avoid; height: 12.75pt; mso-yfti-irow: 10;"> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 394pt; height: 12.75pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl75" height="17" width="525"><font class="_mt" size="2">Distributions</font></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 10pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl68" width="13"><font class="_mt" size="2"> </font></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 41pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl70" width="55"> <p align="right"><font class="_mt" size="2"> (42,451</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 8pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl68" width="11"><font class="_mt" size="2">) </font></td> </tr> <tr style="page-break-inside: avoid; height: 12.75pt; mso-yfti-irow: 11;"> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 394pt; height: 12.75pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl65" height="17" width="525"><font class="_mt" size="2">Conversion of Class A redeemable units into common shares, at redemption value</font></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 10pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="13"></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 41pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl67" width="55"> <p align="right"><font class="_mt" size="2">(90,955</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 8pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="11"><font class="_mt" size="2">)</font></td> </tr> <tr style="page-break-inside: avoid; height: 12.75pt; mso-yfti-irow: 12;"> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 394pt; height: 12.75pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl73" height="17" width="525"><font class="_mt" size="2">Mark-to-market adjustments on Class A redeemable units, in accordance with Topic D-98</font></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 10pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl68" width="13"><font class="_mt" size="2"> </font></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 41pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl70" width="55"> <p align="right"><font class="_mt" size="2">167,049</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 8pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl68" width="11"> <p align="right"><font class="_mt" size="2"> </font></p> </td> </tr> <tr style="page-break-inside: avoid; height: 13.5pt; mso-yfti-irow: 13;"> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 394pt; height: 13.5pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl65" height="18" width="525"><font class="_mt" size="2">Other, net</font></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 10pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="13"></td> <td style="border-bottom: windowtext 1pt solid; border-left: #ece9d8; background-color: transparent; width: 41pt; border-top: #ece9d8; border-right: #ece9d8;" class="xl74" width="55"> <p align="right"><font class="_mt" size="2">14,887</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: transparent; width: 8pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl66" width="11"></td> </tr> <tr style="page-break-inside: avoid; height: 13.5pt; mso-yfti-irow: 14; mso-yfti-lastrow: yes;"> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 394pt; height: 13.5pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl75" height="18" width="525"><font class="_mt" size="2">Balance at December 31, 2009</font></td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 10pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl69" width="13"><font class="_mt" size="2">$</font></td> <td style="border-bottom: windowtext 2pt double; border-left: #ece9d8; background-color: #ccffff; width: 41pt; border-top: #ece9d8; border-right: #ece9d8;" class="xl76" width="55"> <p align="right"><font class="_mt" size="2">1,251,628</font></p> </td> <td style="border-bottom: #ece9d8; border-left: #ece9d8; padding-bottom: 0in; background-color: #ccffff; width: 8pt; border-top: #ece9d8; border-right: #ece9d8; padding-top: 0in;" class="xl68" width="11"><font class="_mt" size="2"> </font></td> </tr> </table> <p style="margin: 0in 0in 0pt;" class="Bodytext"> </p> <p style="margin: 0in 0in 0pt;" class="Bodytext"> </p> <p style="margin: 0in 0in 0pt;" class="Bodytext"> </p> <p style="text-align: justify; text-indent: 0.25in; margin: 0in 0in 0pt;" class="Heading1"><font style="layout-grid-mode: both; font-weight: normal;" class="_mt"><font class="_mt" size="2">As of December 31, 2009 and December 31, 2008, the aggregate value of our Class A operating partnership units was $971,628,000 and $882,740,000, respectively.<font style="mso-spacerun: yes;" class="_mt"> </font></font></font></p> <p style="text-align: justify; text-indent: 0.25in; margin: 0in 0in 0pt;" class="Heading1"> </p> <p style="text-align: justify; text-indent: 0.25in; margin: 0in 0in 0pt;" class="Heading1"><font style="layout-grid-mode: both; font-weight: normal;" class="_mt"><font class="_mt" size="2">Redeemable noncontrolling interests exclude our Series G convertible preferred units and Series D-13 cumulative redeemable preferred units, as they are accounted for as liabilities in accordance with ASC 480, <i style="mso-bidi-font-style: normal;">Distinguishing Liabilities and Equity</i>, because of their possible settlement by issuing a variable number of Vornado common shares.<font style="mso-spacerun: yes;" class="_mt"> Accordingly the fair value of these units is included as a component of “other liabilities” on our consolidated balance sheets and aggregated $60,271,000 and $83,079,000 as of December 31, 2009 and December 31, 2008, respectively.</font></font></font></p> </div><!-- body --></div></div> </div> </NonNumbericText> |
| <NonNumericTextHeader> 8. Redeemable Noncontrolling Interests Redeemable noncontrolling interests on our consolidated balance sheets </NonNumericTextHeader> |
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