Commitments And Contingencies (Tables) |
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| Commitments And Contingencies Disclosure [Line Items] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Abatement Agreements [Table Text Block] |
Pursuant to agreements with certain municipalities, the Company is required to make payments in lieu of property taxes (“PILOT”) on certain of its properties and has tax abatement agreements on other properties, as follows:
(a)The annual PILOT is equal to ten percent of Gross Revenues, as defined. (b)The property was disposed of in the first quarter of 2022. (c)The annual PILOT is equal to two percent of Total Project Costs, as defined. The total Project Costs are $49.5 million. (d)The annual PILOT is equal to two percent of Total Project Costs, as defined. The total Project Costs are $170.9 million. (e)The annual PILOT is equal to ten percent of Gross Revenues for years 1-4, 12 percent for years 5-8 and 14 percent for years 9-10, as defined.
(f)The annual PILOT is equal to 12 percent of Gross Revenues for years 1-5, 13 percent for years 6-10 and 14 percent for years 11-15, as defined. (g)The annual PILOT is equal to two percent of Total Project Costs, as defined. (h)The annual PILOT is equal to 11 percent of Gross Revenues for years 1-10, 12.5 percent for years 11-18 and 14 percent for years 19-25, as defined. (i)For a term of 25 years following substantial completion, which occurred on April 1, 2022. The annual PILOT is equal to seven percent of Gross Revenues, as defined. (j)For a term of 25 years following substantial completion. The annual PILOT is equal to 11 percent of Gross Revenues for years 1-10, 12.5 percent for years 11-18 and 14 percent for years 19-25, as defined. The land parcel was subsequently sold in the second quarter of 2022. |
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| Future Minimum Rental Payments Of Ground Leases |
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| VERIS RESIDENTIAL, L.P. [Member] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Commitments And Contingencies Disclosure [Line Items] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Abatement Agreements [Table Text Block] |
Pursuant to agreements with certain municipalities, the Company is required to make payments in lieu of property taxes (“PILOT”) on certain of its properties and has tax abatement agreements on other properties, as follows:
(a)The annual PILOT is equal to ten percent of Gross Revenues, as defined. (b)The property was disposed of in the first quarter of 2022. (c)The annual PILOT is equal to two percent of Total Project Costs, as defined. The total Project Costs are $49.5 million. (d)The annual PILOT is equal to two percent of Total Project Costs, as defined. The total Project Costs are $170.9 million. (e)The annual PILOT is equal to ten percent of Gross Revenues for years 1-4, 12 percent for years 5-8 and 14 percent for years 9-10, as defined.
(f)The annual PILOT is equal to 12 percent of Gross Revenues for years 1-5, 13 percent for years 6-10 and 14 percent for years 11-15, as defined. (g)The annual PILOT is equal to two percent of Total Project Costs, as defined. (h)The annual PILOT is equal to 11 percent of Gross Revenues for years 1-10, 12.5 percent for years 11-18 and 14 percent for years 19-25, as defined. (i)For a term of 25 years following substantial completion, which occurred on April 1, 2022. The annual PILOT is equal to seven percent of Gross Revenues, as defined. (j)For a term of 25 years following substantial completion. The annual PILOT is equal to 11 percent of Gross Revenues for years 1-10, 12.5 percent for years 11-18 and 14 percent for years 19-25, as defined. The land parcel was subsequently sold in the second quarter of 2022. |
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| Future Minimum Rental Payments Of Ground Leases |
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