Vornado Realty Trust (NYSE:VNO) has announced that the company will include its 32.7% share of Toys R Us third quarter financial results in its fourth quarter ending December 31, 2009. The company’s financial results will include a net loss of $26,631,000, or $0.13 per diluted share. During the quarter ended December 31, 2009, the company reported a net loss of $39,130,000, or $0.22 per diluted share.
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The company’s negative Funds From Operations prior to income taxes for the quarter ending December 31, 2009 is $31,624,000, or $0.16 per share, compared to the year ago period’s $47,269,000, or $0.26 per share. The full financial report is available for review on the company’s website, http://www.vno.com/.
Vornado Realty Trust (Vornado) is an integrated real estate investment trust (REIT) and conducts its business through Vornado Realty L.P., a Delaware limited partnership (the Operating Partnership). Vornado is the general partner of, and owned approximately 90.6% of the common limited partnership interest in, the Operating Partnership as of December 31, 2008. The Company’s business segments include New York Office Properties, Washington, DC Office Properties, Retail Properties, Merchandise Mart Properties and Toys “R” Us (Toys). On March 31, 2008, Vornado sold its 47.6% interest in Americold. On June 6, 2008, it sold its Tysons Dulles Plaza office building complex located in Tysons Corner, Virginia.
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