Veris Residential, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Cover
- Document And Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Significant Accounting Policies (Policy)
Notes Tables
Notes Details

Recent Transactions (Consolidations) (Narrative) (Details)

v3.6.0.2

Recent Transactions (Consolidations) (Narrative) (Details) $ in Thousands				3 Months Ended			12 Months Ended
	Jul. 08, 2016 USD ($)	Jan. 19, 2016 USD ($)	Jan. 05, 2016 USD ($) item	Jun. 30, 2016 USD ($) item	Mar. 31, 2016 USD ($)	Jun. 30, 2015 USD ($)	Dec. 31, 2016 USD ($)	Dec. 31, 2015 USD ($)	Dec. 31, 2014 USD ($)
Real Estate Properties [Line Items]
Purchase price of property							$ 121,582	$ 94,073	$ 91,813
Gain on change of control of interests				$ 5,191	$ 10,156		15,347
Mortgage loan carrying amount								59,700
Gain on sale of investment in unconsolidated joint venture				$ 5,670		$ 6,448	$ 5,670	$ 6,448
Overlook Ridge Apartments Investors, L.L.C. [Member]
Real Estate Properties [Line Items]
Percentage of interest in venture			50.00%
Number of units \| item			371
Purchase price of property			$ 39,800
Loans assumed		$ 72,500	$ 52,700
Spread over LIBOR		3.625%
Mortgage loan, maturity date							Feb. 01, 2023
Gain on sale of investment in unconsolidated joint venture							$ 10,200
Portside Apartment Holdings, L.L.C. [Member]
Real Estate Properties [Line Items]
Percentage of interest in venture				38.25%
Number of units \| item				175
Purchase price of property				$ 39,600
Gain on change of control of interests							$ 5,200
Spread over LIBOR	3.44%
Mortgage loan, maturity date							Aug. 01, 2023
Mortgage loan carrying amount	$ 59,000			$ 42,500

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Amount of long-term debt due after one year or the normal operating cycle, if longer, assumed at the acquisition date.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
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Percentage points added to the reference rate to compute the variable rate on the debt instrument.

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The percentage of ownership of common stock or equity participation in the investee accounted for under the equity method of accounting.

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The net realized gain (loss) on investments sold during the period, not including gains (losses) on securities separately or otherwise categorized as trading, available-for-sale, or held-to-maturity, which, for cash flow reporting, is a component of proceeds from investing activities.

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The carrying amount of the outstanding balance due under the mortgage loan.

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The number of units in a real estate property owned as of the balance sheet date.

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The cash outflow from the acquisition of a piece of land and anything permanently fixed to it, including buildings, structures on it and so forth, and payments to develop real estate assets by adding improvements on or to a parcel of land. Such improvements may include drainage, utilities, subdividing, access, buildings, and any combination of these elements. Including real estate intended to generate income for the owner; excluding real estate acquired for use by the owner.

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