Veris Residential, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

MORTGAGES, LOANS PAYABLE AND OTHER OBLIGATIONS - Summary Of Mortgages, Loans Payable And Other Obligations (Details)

MORTGAGES, LOANS PAYABLE AND OTHER OBLIGATIONS - Summary Of Mortgages, Loans Payable And Other Obligations (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2023	Dec. 31, 2022	Jun. 21, 2022	Oct. 27, 2021
Debt Instrument [Line Items]
Principal balance outstanding	$ 1,800,000	$ 1,900,000
Secured Debt
Debt Instrument [Line Items]
Principal balance outstanding	1,827,230	1,911,488
Unamortized deferred financing costs	(6,249)	(7,511)
Total mortgages, loans payable and other obligations, net	1,820,981	1,903,977
Secured Debt \| Port Imperial 4/5 Hotel
Debt Instrument [Line Items]
Principal balance outstanding	$ 0	84,000
Secured Debt \| Portside at Pier One
Debt Instrument [Line Items]
Effective rate	3.57%
Principal balance outstanding	$ 58,998	58,998
Secured Debt \| Signature Place
Debt Instrument [Line Items]
Effective rate	3.74%
Principal balance outstanding	$ 43,000	43,000
Secured Debt \| Liberty Towers
Debt Instrument [Line Items]
Effective rate	3.37%
Principal balance outstanding	$ 265,000	265,000
Secured Debt \| Haus 25
Debt Instrument [Line Items]
Principal balance outstanding	297,324	297,324
Borrowing capacity under the credit facility	$ 300,000
Loan period	1 year
Extension fee	25.00%
Secured Debt \| Haus 25 \| SOFR
Debt Instrument [Line Items]
Variable interest rate	2.70%
Secured Debt \| Haus 25 \| Minimum \| SOFR
Debt Instrument [Line Items]
Variable interest rate	2.00%
Secured Debt \| Portside 5/6
Debt Instrument [Line Items]
Effective rate	4.56%
Principal balance outstanding	$ 97,000	97,000
Debt instrument, percent guaranteed	10.00%
Secured Debt \| BLVD 425
Debt Instrument [Line Items]
Effective rate	4.17%
Principal balance outstanding	$ 131,000	131,000
Secured Debt \| BLVD 401
Debt Instrument [Line Items]
Effective rate	4.29%
Principal balance outstanding	$ 117,000	117,000
Secured Debt \| The Upton
Debt Instrument [Line Items]
Principal balance outstanding	$ 75,000	75,000
Debt instrument, face amount				$ 75,000
Secured Debt \| The Upton \| SOFR
Debt Instrument [Line Items]
Variable interest rate	1.58%
Secured Debt \| 145 Front at City Square
Debt Instrument [Line Items]
Principal balance outstanding	$ 63,000	63,000
Secured Debt \| 145 Front at City Square \| SOFR
Debt Instrument [Line Items]
Variable interest rate	1.84%
Secured Debt \| Riverhouse 9 At Port Imperial
Debt Instrument [Line Items]
Principal balance outstanding	$ 110,000	110,000	$ 110,000
Secured Debt \| Riverhouse 9 At Port Imperial \| SOFR
Debt Instrument [Line Items]
Variable interest rate	1.41%
Secured Debt \| Quarry Place at Tuckahoe
Debt Instrument [Line Items]
Effective rate	4.48%
Principal balance outstanding	$ 41,000	41,000
Secured Debt \| BLVD 475 N/S
Debt Instrument [Line Items]
Effective rate	2.91%
Principal balance outstanding	$ 165,000	165,000
Secured Debt \| Riverhouse 11 at Port Imperial
Debt Instrument [Line Items]
Effective rate	4.52%
Principal balance outstanding	$ 100,000	100,000
Secured Debt \| Soho Lofts
Debt Instrument [Line Items]
Effective rate	3.77%
Principal balance outstanding	$ 160,000	160,000
Secured Debt \| Soho Lofts \| LIBOR
Debt Instrument [Line Items]
Variable interest rate	2.75%
Secured Debt \| Port Imperial South 4/5 Garage
Debt Instrument [Line Items]
Effective rate	4.85%
Principal balance outstanding	$ 31,908	32,166
Secured Debt \| Emery at Overlook Ridge
Debt Instrument [Line Items]
Effective rate	3.21%
Principal balance outstanding	$ 72,000	$ 72,000