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

REVOLVING CREDIT FACILITY AND TERM LOANS (Details)

REVOLVING CREDIT FACILITY AND TERM LOANS (Details)	Apr. 22, 2024 USD ($) extension lender draw property	Mar. 31, 2024 USD ($)	Dec. 31, 2023 USD ($)	Jul. 25, 2023 USD ($) lender
Line of Credit Facility [Line Items]
Loan balance		$ 1,900,000,000	$ 1,900,000,000
Revolving Credit Facility \| Credit Agreement \| Line of Credit
Line of Credit Facility [Line Items]
Number of lenders \| lender				2
Secured debt				$ 60,000,000
Revolving Credit Facility \| Credit Agreement \| Line of Credit \| Subsequent Event
Line of Credit Facility [Line Items]
Number of lenders \| lender	8
Secured debt	$ 300,000,000
Loan period	3 years
Number of extensions \| extension	1
Extension option period	12 months
Number of properties with first priority lien \| property	5
Appraisal value	$ 900,000,000
Revolving Credit Facility \| Credit Agreement \| Line of Credit \| Subsequent Event \| Debt Covenant Period One
Line of Credit Facility [Line Items]
Total leverage ratio	65.00%
Debt service coverage ratio	125.00%
Tangible net worth ratio	80.00%
Percentage of net cash proceeds of equity issuances	80.00%
Percentage of maximum unhedged variable rate debt ratio	30.00%
Revolving Credit Facility \| Credit Agreement \| Line of Credit \| Subsequent Event \| Debt Covenant Period Two
Line of Credit Facility [Line Items]
Total leverage ratio	60.00%
Debt service coverage ratio	150.00%
Tangible net worth ratio	80.00%
Percentage of net cash proceeds of equity issuances	80.00%
Percentage of maximum unhedged variable rate debt ratio	30.00%
Revolving Credit Facility \| Credit Agreement \| Line of Credit \| Subsequent Event \| Alternative Base Rate
Line of Credit Facility [Line Items]
Interest rate, variable (as a percent)	1.00%
Revolving Credit Facility \| Credit Agreement \| Line of Credit \| Subsequent Event \| NYFRB Rate
Line of Credit Facility [Line Items]
Interest rate, variable (as a percent)	0.50%
Revolving Credit Facility \| Credit Agreement \| Line of Credit \| Subsequent Event \| Adjusted Term SOFR
Line of Credit Facility [Line Items]
Interest rate, variable (as a percent)	1.00%
Revolving Credit Facility \| Credit Agreement \| Line of Credit \| Subsequent Event \| Adjusted Term SOFR Subject to Floor
Line of Credit Facility [Line Items]
Interest rate, variable (as a percent)	0.00%
Revolving Credit Facility \| Credit Agreement \| Line of Credit \| Subsequent Event \| Term SOFR
Line of Credit Facility [Line Items]
Interest rate, variable (as a percent)	0.10%
Revolving Credit Facility \| Credit Agreement \| Line of Credit \| Subsequent Event \| Adjusted Daily Effective SOFR
Line of Credit Facility [Line Items]
Interest rate, variable (as a percent)	0.00%
Revolving Credit Facility \| Credit Agreement \| Line of Credit \| Subsequent Event \| Secured Overnight Financing Rate (SOFR)
Line of Credit Facility [Line Items]
Interest rate, variable (as a percent)	0.10%
Revolving Credit Facility \| Credit Agreement \| Line of Credit \| Subsequent Event \| Minimum
Line of Credit Facility [Line Items]
Facility fee basis points	0.25%
Interest rate, variable (as a percent)	1.00%
Revolving Credit Facility \| Credit Agreement \| Line of Credit \| Subsequent Event \| Maximum
Line of Credit Facility [Line Items]
Facility fee basis points	0.35%
Interest rate, variable (as a percent)	2.00%
Term Loan \| Credit Agreement \| Line of Credit
Line of Credit Facility [Line Items]
Secured debt				$ 115,000,000
Term Loan \| Credit Agreement \| Line of Credit \| Subsequent Event
Line of Credit Facility [Line Items]
Secured debt	$ 200,000,000
Loan period	3 years
Number of extensions \| extension	1
Extension option period	12 months
Facility fee basis points	0.35%
Number of draws \| draw	3
Loan balance	$ 200,000,000
Unsecured Revolving Credit Facility \| Unsecured Term Loan
Line of Credit Facility [Line Items]
Loan balance		$ 0	$ 0