UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D. C. 20549
FORM 10-K/A
(Amendment No. 2)
x |
ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES |
For the Fiscal Year Ended: |
December 31, 2009 |
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OR
o |
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES |
For the transition period from |
to |
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Commission File Number: |
1‑11954 |
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VORNADO REALTY TRUST |
(Exact name of Registrant as specified in its charter)
Maryland |
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22‑1657560 |
(State or other jurisdiction of incorporation or organization) |
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(I.R.S. Employer Identification Number) |
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888 Seventh Avenue, New York, New York |
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10019 |
(Address of Principal Executive Offices) |
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(Zip Code) |
Registrant’s telephone number including area code: |
(212) 894‑7000 |
Securities registered pursuant to Section 12(b) of the Act:
Title of Each Class |
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Name of Each Exchange on Which Registered |
Common Shares of beneficial interest, |
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New York Stock Exchange |
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Series A Convertible Preferred Shares |
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New York Stock Exchange |
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Cumulative Redeemable Preferred Shares of beneficial |
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8.5% Series B |
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New York Stock Exchange |
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8.5% Series C |
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New York Stock Exchange |
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7.0% Series E |
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New York Stock Exchange |
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6.75% Series F |
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New York Stock Exchange |
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6.625% Series G |
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New York Stock Exchange |
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6.75% Series H |
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New York Stock Exchange |
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6.625% Series I |
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New York Stock Exchange |
Securities registered pursuant to Section 12(g) of the Act: NONE
Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.
YES x NO o
Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.
YES o NO x
Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
YES x NO o
Indicate by check mark whether the registrant has submitted electronically and posted on its corporate website, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).
Yes x No o
Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S‑K is not contained herein, and will not be contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10‑K or any amendment to this Form 10‑K. o
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.
x Large Accelerated Filer |
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o Accelerated Filer |
o Non-Accelerated Filer (Do not check if smaller reporting company) |
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o Smaller Reporting Company |
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).
YES o NO x
The aggregate market value of the voting and non-voting common shares held by non‑affiliates of the registrant, i.e. by persons other than officers and trustees of Vornado Realty Trust, was $7,216,326,000 at June 30, 2009.
As of December 31, 2009, there were 181,214,161 of the registrant’s common shares of beneficial interest outstanding.
Documents Incorporated by Reference
Part III: Portions of Proxy Statement for Annual Meeting of Shareholders to be held on May 13, 2010.
Explanatory Note
In accordance with Rule 3-09 of Regulation S-X, Vornado Realty Trust (the Registrant or Vornado) is required to include in its Annual Report on Form 10-K for the year ended December 31, 2009, audited financial statements of Toys R Us, Inc. (Toys) and Lexington Realty Trust (Lexington), equity method investments in which Vornado owns approximately 32.7% and 15.2%, respectively, of the common equity as of December 31, 2009. On February 23, 2010, Vornado filed its Annual Report on Form 10-K for the year ended December 31, 2009 with the Securities and Exchange Commission indicating on the cover page that it would file an amendment to the Form 10-K to include Toys and Lexingtons audited financial statements and related disclosures as soon as practicable after they were available.
On March 1, 2010, Lexington filed its Annual Report on Form 10-K for its fiscal year ended December 31, 2009. Accordingly, on March 3, 2010, Vornado filed an amendment on Form 10-K/A (Amendment No. 1) to its Form 10-K, which was filed on February 23, 2010, to incorporate by reference to that Amendment No. 1, Lexingtons audited financial statements and related disclosures and to similarly include the consent of KPMG LLP, Lexingtons independent registered public accounting firm with respect to its report on such audited financial statements and the consent of PricewaterhouseCoopers, LLP with respect to its report on the financial statements of Lex-Win Concord, LLC for the year ended December 31, 2009.
On March 24, 2010, Toys filed its Annual Report on Form 10-K for its fiscal year ended January 30, 2010. Accordingly, Vornado is filing this Amendment No. 2 on Form 10-K/A (Amendment No. 2) to its Form 10-K, which was filed on February 23, 2010, to incorporate by reference to this Amendment No. 2, Toys audited financial statements and related disclosures and to similarly include the consent of Deloitte & Touche LLP, Toys independent registered public accounting firm with respect to its report on such audited financial statements for the fiscal year ended January 30, 2010.
Except as otherwise expressly noted herein, this Amendment No. 2 does not reflect events occurring after the filing of Vornados original Form 10-K on February 23, 2010. Accordingly, this Amendment No. 2 should be read in conjunction with Vornados original Form 10-K and Amendment No. 1 thereto.
PART IV
Item 15. Exhibits financial statement Schedules
(c) The following exhibits listed on the exhibit index are filed as exhibits to Vornados Annual Report of Form 10-K/A (Amendment No. 2) for the year ended December 31, 2009:
Exhibits |
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12.1 |
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Computation of Ratios incorporated herein by reference to exhibit 12.1 to Vornado Realty Trusts Form10-K for the year ended December 31, 2009 (File No. 001-11954), filed on February 23, 2010 |
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21 |
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Subsidiaries of Registrant incorporated herein by reference to exhibit 21 to Vornado Realty Trusts Form 10-K for the year ended December 31, 2009 (File No. 001-11954), filed on February 23, 2010 |
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23.1 |
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Consent of Independent Registered Public Accounting Firm incorporated herein by reference to exhibit 23 to Vornado Realty Trusts Form 10-K for the year ended December 31, 2009 (File No. 001- 11954), filed on February 23, 2010 |
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23.4 |
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Consent of Independent Registered Public Accounting Firm Deloitte & Touche LLP |
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31.1 |
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Rule 13a-14 (a) Certification of the Chief Executive Officer |
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31.2 |
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Rule 13a-14 (a) Certification of the Chief Financial Officer |
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32.1 |
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Section 1350 Certification of the Chief Executive Officer |
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32.2 |
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Section 1350 Certification of the Chief Financial Officer |
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99.2 |
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Consolidated Financial Statements of Toys R Us, Inc., Report of Independent Registered Public Accounting Firm thereon and Notes to Such Consolidated Financial Statements Incorporated herein by reference to Item 8 of Toys R Us, Inc.s Annual Report on Form 10-K for the fiscal year ended January 30, 2010 (File No. 22-3260693), filed with the Securities and Exchange Commission on March 24, 2010 |
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Pursuant to the requirements of Section 13 or 15 (d) of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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VORNADO REALTY TRUST |
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(Registrant) |
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Date: April 5, 2010 |
By: |
/s/ Joseph Macnow |
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Joseph Macnow, Executive Vice President Officer (duly authorized officer and principal financial and accounting officer) |
Exhibit No. |
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3.1 |
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Articles of Restatement of Vornado Realty Trust, as filed with the State |
* |
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3.2 |
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Amended and Restated Bylaws of Vornado Realty Trust, as amended on March 2, 2000 - |
* |
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3.3 |
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Second Amended and Restated Agreement of Limited Partnership of Vornado Realty L.P., |
* |
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3.4 |
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Amendment to the Partnership Agreement, dated as of December 16, 1997 Incorporated by |
* |
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3.5 |
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Second Amendment to the Partnership Agreement, dated as of April 1, 1998 Incorporated |
* |
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3.6 |
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Third Amendment to the Partnership Agreement, dated as of November 12, 1998 - |
* |
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3.7 |
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Fourth Amendment to the Partnership Agreement, dated as of November 30, 1998 - |
* |
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3.8 |
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Fifth Amendment to the Partnership Agreement, dated as of March 3, 1999 - Incorporated by |
* |
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3.9 |
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Sixth Amendment to the Partnership Agreement, dated as of March 17, 1999 - Incorporated |
* |
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3.10 |
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Seventh Amendment to the Partnership Agreement, dated as of May 20, 1999 - Incorporated |
* |
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3.11 |
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Eighth Amendment to the Partnership Agreement, dated as of May 27, 1999 - Incorporated |
* |
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3.12 |
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Ninth Amendment to the Partnership Agreement, dated as of September 3, 1999 - |
* |
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3.13 |
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Tenth Amendment to the Partnership Agreement, dated as of September 3, 1999 - |
* |
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_______________________ |
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3.14 |
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Eleventh Amendment to the Partnership Agreement, dated as of November 24, 1999 - |
* |
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3.15 |
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Twelfth Amendment to the Partnership Agreement, dated as of May 1, 2000 - Incorporated |
* |
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3.16 |
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Thirteenth Amendment to the Partnership Agreement, dated as of May 25, 2000 - |
* |
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3.17 |
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Fourteenth Amendment to the Partnership Agreement, dated as of December 8, 2000 - |
* |
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3.18 |
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Fifteenth Amendment to the Partnership Agreement, dated as of December 15, 2000 - |
* |
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3.19 |
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Sixteenth Amendment to the Partnership Agreement, dated as of July 25, 2001 - Incorporated |
* |
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3.20 |
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Seventeenth Amendment to the Partnership Agreement, dated as of September 21, 2001 - |
* |
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3.21 |
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Eighteenth Amendment to the Partnership Agreement, dated as of January 1, 2002 - |
* |
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3.22 |
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Nineteenth Amendment to the Partnership Agreement, dated as of July 1, 2002 - Incorporated |
* |
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3.23 |
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Twentieth Amendment to the Partnership Agreement, dated April 9, 2003 - Incorporated by |
* |
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3.24 |
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Twenty-First Amendment to the Partnership Agreement, dated as of July 31, 2003 - |
* |
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3.25 |
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Twenty-Second Amendment to the Partnership Agreement, dated as of November 17, 2003 |
* |
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3.26 |
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Twenty-Third Amendment to the Partnership Agreement, dated May 27, 2004 Incorporated |
* |
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3.27 |
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Twenty-Fourth Amendment to the Partnership Agreement, dated August 17, 2004 |
* |
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_______________________ |
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3.28 |
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Twenty-Fifth Amendment to the Partnership Agreement, dated November 17, 2004 |
* |
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3.29 |
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Twenty-Sixth Amendment to the Partnership Agreement, dated December 17, 2004 |
* |
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3.30 |
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Twenty-Seventh Amendment to the Partnership Agreement, dated December 20, 2004 |
* |
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3.31 |
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Twenty-Eighth Amendment to the Partnership Agreement, dated December 30, 2004 - |
* |
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3.32 |
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Twenty-Ninth Amendment to the Partnership Agreement, dated June 17, 2005 - Incorporated |
* |
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3.33 |
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Thirtieth Amendment to the Partnership Agreement, dated August 31, 2005 - Incorporated by |
* |
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3.34 |
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Thirty-First Amendment to the Partnership Agreement, dated September 9, 2005 - |
* |
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3.35 |
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Thirty-Second Amendment and Restated Agreement of Limited Partnership, dated as of |
* |
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3.36 |
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Thirty-Third Amendment to Second Amended and Restated Agreement of Limited |
* |
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3.37 |
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Thirty-Fourth Amendment to Second Amended and Restated Agreement of Limited |
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3.38 |
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Thirty-Fifth Amendment to Second Amended and Restated Agreement of Limited |
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3.39 |
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Thirty-Sixth Amendment to Second Amended and Restated Agreement of Limited |
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3.40 |
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Thirty-Seventh Amendment to Second Amended and Restated Agreement of Limited |
* |
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_______________________ |
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3.41 |
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Thirty-Eighth Amendment to Second Amended and Restated Agreement of Limited |
* |
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3.42 |
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Thirty-Ninth Amendment to Second Amended and Restated Agreement of Limited |
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3.43 |
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Fortieth Amendment to Second Amended and Restated Agreement of Limited |
* |
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3.44 |
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Forty-First Amendment to Second Amended and Restated Agreement of Limited |
* |
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4.1 |
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Indenture, dated as of June 24, 2002, between Vornado Realty L.P. and The Bank of New |
* |
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4.2 |
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Indenture, dated as of November 25, 2003, between Vornado Realty L.P. and The Bank of |
* |
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4.3 |
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Indenture, dated as of November 20, 2006, among Vornado Realty Trust, as Issuer, Vornado |
* |
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Certain instruments defining the rights of holders of long-term debt securities of Vornado |
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10.1 |
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Master Agreement and Guaranty, between Vornado, Inc. and Bradlees New Jersey, Inc. dated |
* |
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10.2 |
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Registration Rights Agreement between Vornado, Inc. and Steven Roth, dated December 29, |
* |
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10.3 |
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Stock Pledge Agreement between Vornado, Inc. and Steven Roth dated December 29, 1992 - |
* |
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10.4 |
** |
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Management Agreement between Interstate Properties and Vornado, Inc. dated July 13, 1992 |
* |
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_______________________ |
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10.5 |
** |
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Employment Agreement, dated as of April 15, 1997, by and among Vornado Realty Trust, |
* |
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10.6 |
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Consolidated and Restated Mortgage, Security Agreement, Assignment of Leases and Rents |
* |
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10.7 |
** |
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Promissory Note from Steven Roth to Vornado Realty Trust, dated December 23, 2005 |
* |
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10.8 |
** |
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Letter agreement, dated November 16, 1999, between Steven Roth and Vornado Realty Trust |
* |
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10.9 |
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Agreement and Plan of Merger, dated as of October 18, 2001, by and among Vornado Realty |
* |
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10.10 |
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Tax Reporting and Protection Agreement, dated December 31, 2001, by and among Vornado, |
* |
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10.11 |
** |
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Employment Agreement between Vornado Realty Trust and Michael D. Fascitelli, dated |
* |
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10.12 |
** |
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First Amendment, dated October 31, 2002, to the Employment Agreement between Vornado |
* |
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10.13 |
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Amendment to Real Estate Retention Agreement, dated as of July 3, 2002, by and between |
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10.14 |
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59th Street Real Estate Retention Agreement, dated as of July 3, 2002, by and between |
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10.15 |
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Amended and Restated Management and Development Agreement, dated as of July 3, 2002, |
* |
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_______________________ |
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10.16 |
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59th Street Management and Development Agreement, dated as of July 3, 2002, by and |
* |
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10.17 |
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Amendment dated May 29, 2002, to the Stock Pledge Agreement between Vornado Realty |
* |
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10.18 |
** |
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Vornado Realty Trusts 2002 Omnibus Share Plan - Incorporated by reference to Exhibit 4.2 |
* |
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10.19 |
** |
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Form of Stock Option Agreement between the Company and certain employees |
* |
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10.20 |
** |
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Form of Restricted Stock Agreement between the Company and certain employees |
* |
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10.21 |
** |
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Amendment, dated March 17, 2006, to the Vornado Realty Trust Omnibus Share Plan |
* |
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10.22 |
** |
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Form of Vornado Realty Trust 2006 Out-Performance Plan Award Agreement, dated as of |
* |
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10.23 |
** |
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Form of Vornado Realty Trust 2002 Restricted LTIP Unit Agreement Incorporated by |
* |
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10.24 |
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Revolving Credit Agreement, dated as of June 28, 2006, among the Operating Partnership, |
* |
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10.25 |
** |
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Amendment No.2, dated May 18, 2006, to the Vornado Realty Trust Omnibus Share Plan |
* |
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10.26 |
** |
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Amended and Restated Employment Agreement between Vornado Realty Trust and Joseph |
* |
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_______________________ |
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10.27 |
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Guaranty, made as of June 28, 2006, by Vornado Realty Trust, for the benefit of JP Morgan |
* |
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10.28 |
** |
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Amendment, dated October 26, 2006, to the Vornado Realty Trust Omnibus Share Plan |
* |
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10.29 |
** |
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Amendment to Real Estate Retention Agreement, dated January 1, 2007, by and between |
* |
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10.30 |
** |
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Amendment to 59th Street Real Estate Retention Agreement, dated January 1, 2007, by and |
* |
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10.31 |
** |
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Employment Agreement between Vornado Realty Trust and Mitchell Schear, as of April 19, |
* |
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10.32 |
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Revolving Credit Agreement, dated as of September 28, 2007, among Vornado Realty L.P. as |
* |
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10.33 |
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Second Amendment to Revolving Credit Agreement, dated as of September 28, 2007, by and |
* |
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10.34 |
** |
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Form of Vornado Realty Trust 2002 Omnibus Share Plan Non-Employee Trustee Restricted |
* |
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10.35 |
** |
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Form of Vornado Realty Trust 2008 Out-Performance Plan Award Agreement Incorporated |
* |
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10.36 |
** |
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Amendment to Employment Agreement between Vornado Realty Trust and Michael D. |
* |
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_______________________ |
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10.37 |
** |
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Amendment to Employment Agreement between Vornado Realty Trust and Joseph Macnow, |
* |
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10.38 |
** |
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Amendment to Employment Agreement between Vornado Realty Trust and David R. |
* |
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10.39 |
** |
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Amendment to Indemnification Agreement between Vornado Realty Trust and David R. |
* |
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10.40 |
** |
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Amendment to Employment Agreement between Vornado Realty Trust and Mitchell N. |
* |
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10.41 |
** |
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Amendment to Employment Agreement between Vornado Realty Trust and Christopher G. |
* |
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12.1 |
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Computation of Ratios incorporated herein by reference to exhibit 12.1 to Vornado Realty Trusts Form 10-K for the year ended December 31, 2009 (File No. 001-11954), filed on February 23, 2010 |
* |
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21 |
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Subsidiaries of the Registrant incorporated herein by reference to exhibit 21 to Vornado Realty Trusts Form 10-K for the year ended December 31, 2009 (File No. 001-11954), filed on February 23, 2010 |
* |
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23.1 |
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Consent of Independent Registered Public Accounting Firm incorporated herein by reference to exhibit 23 to Vornado Realty Trusts Form 10-K for the year ended December 31, 2009 (File No. 001-11954), filed on February 23, 2010 |
* |
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23.2 |
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Consent of Independent Registered Public Accounting Firm incorporated herein by reference to exhibit 23.2 to Vornado Realty Trusts Form 10-K/A (Amendment No. 1) for the year ended December 31, 2009 (File No. 001-11954), filed on March 3, 2010 |
* |
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23.3 |
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Consent of Independent Registered Public Accounting Firm incorporated herein by reference to exhibit 23.3 to Vornado Realty Trusts Form 10-K/A (Amendment No. 1) for the year ended December 31, 2009 (File No. 001-11954), filed on March 3, 2010 |
* |
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23.4 |
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Consent of Independent Registered Public Accounting Firm Deloitte & Touche LLP |
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31.1 |
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Rule 13a-14 (a) Certification of the Chief Executive Officer |
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31.2 |
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Rule 13a-14 (a) Certification of the Chief Financial Officer |
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32.1 |
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Section 1350 Certification of the Chief Executive Officer |
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32.2 |
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Section 1350 Certification of the Chief Financial Officer |
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* |
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_______________ |
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99.1 |
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Consolidated Financial Statements of Lexington Realty Trust, Report of Independent Registered Public Accounting Firm thereon and Notes to Such Consolidated Financial Statements Incorporated herein by reference to Item 8 of Lexington Realty Trusts Annual Report on Form 10-K for the fiscal year ended December 31, 2009 (file No. 001-12386), filed with the Securities and Exchange Commission on March 1, 2010 |
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99.2 |
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Consolidated Financial Statements of Toys R Us, Inc., Report of Independent Registered Public Accounting Firm thereon and Notes to Such Consolidated Financial Statements Incorporated herein by reference to Item 8 of Toys R Us, Inc.s Annual Report on Form 10-K for the fiscal year ended January 30, 2010 (File No. 22-3260693), filed with the Securities and Exchange Commission on March 24, 2010 |
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