NONCONTROLLING INTERESTS IN SUBSIDIARIES - Narrative (Details) $ in Thousands |
6 Months Ended | |
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Jun. 30, 2024
USD ($)
shares
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Dec. 31, 2023 |
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Noncontrolling Interest [Line Items] | ||
Rebalance of ownership percentage | $ | $ 100 | |
Redemption of limited partners common units (in shares) | shares | 9,230 | |
Proceeds from redemption of common units | $ | $ 113 | |
Number of common shares received upon redemption of common units (in shares) | shares | 1 | |
Conversion ratio | 1 | |
Participation Rights | ||
Noncontrolling Interest [Line Items] | ||
Excess net cash flow remaining after the distribution to the Company | 50.00% | |
Internal rate of return | 10.00% | |
VERIS RESIDENTIAL, L.P. | ||
Noncontrolling Interest [Line Items] | ||
Percentage of noncontrolling interest | 8.60% | 8.60% |
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition The equity interest of noncontrolling shareholders, partners or other equity holders in consolidated entity. No definition available.
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- Definition Distribution of cash flow to individual companies percentage No definition available.
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- Definition Internal Rate of Return No definition available.
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- Definition Number Of Common Shares Received Upon Redemption Of Common Units No definition available.
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- Definition Proceeds From Redemption Of Common Units No definition available.
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- Definition Rebalance Of Ownership Percentage No definition available.
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- Definition Redemption Of Common Units, Shares No definition available.
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- Definition Share-Based Compensation Arrangement By Share-Based Payment Award, Conversion Ratio No definition available.
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- Details
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- Details
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