Quarterly report pursuant to Section 13 or 15(d)

VERIS RESIDENTIAL, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY

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VERIS RESIDENTIAL, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-In Capital
Dividends in Excess of Net Earnings
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interests in Subsidiaries
Balance, beginning (in shares) at Dec. 31, 2022   91,142,000        
Balance, beginning at Dec. 31, 2022 $ 1,399,337 $ 911 $ 2,532,182 $ (1,301,385) $ 3,977 $ 163,652
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net loss (106,615)     (102,214)   (4,401)
Common stock dividends (4,714)     (4,714)    
Unit distributions (435)         (435)
Redeemable noncontrolling interests (12,310)   (4,516)     (7,794)
Change in noncontrolling interests in consolidated joint ventures (478)         (478)
Redemption of common units for common stock (in shares)   821,000        
Redemption of common units for common stock 0 $ 9 11,339     (11,348)
Redemption of common units (94)         (94)
Shares issued under Dividend Reinvestment and Stock Purchase Plan 3   3      
Directors' deferred compensation plan (in shares)   21,000        
Directors' deferred compensation plan 295   295      
Stock compensation (in shares)   268,000        
Stock compensation 16,705   16,218     487
Cancellation of restricted shares (in shares)   (35,000)        
Cancellation of restricted shares (497)   (497)      
Other comprehensive loss (123)       (111) (12)
Rebalancing of ownership percentage between parent and subsidiaries 0   (3,887)     3,887
Balance, ending (in shares) at Sep. 30, 2023   92,217,000        
Balance, ending at Sep. 30, 2023 1,291,074 $ 920 2,551,137 (1,408,313) 3,866 143,464
Balance, beginning (in shares) at Jun. 30, 2023   92,041,000        
Balance, beginning at Jun. 30, 2023 1,348,018 $ 918 2,540,309 (1,348,792) 4,518 151,065
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net loss (60,250)     (54,807)   (5,443)
Common stock dividends (4,714)     (4,714)    
Unit distributions (435)         (435)
Redeemable noncontrolling interests (350)         (350)
Change in noncontrolling interests in consolidated joint ventures 84         84
Redemption of common units for common stock (in shares)   171,000        
Redemption of common units for common stock 0 $ 2 2,295     (2,297)
Redemption of common units           0
Shares issued under Dividend Reinvestment and Stock Purchase Plan 1   1      
Directors' deferred compensation plan 99   99      
Stock compensation (in shares)   9,000        
Stock compensation 9,366   9,366      
Cancellation of restricted shares (in shares)   (4,000)        
Cancellation of restricted shares (31)   (31)      
Other comprehensive loss (714)       (652) (62)
Rebalancing of ownership percentage between parent and subsidiaries 0   (902)     902
Balance, ending (in shares) at Sep. 30, 2023   92,217,000        
Balance, ending at Sep. 30, 2023 $ 1,291,074 $ 920 2,551,137 (1,408,313) 3,866 143,464
Balance, beginning (in shares) at Dec. 31, 2023 92,229,424 92,229,000        
Balance, beginning at Dec. 31, 2023 $ 1,279,553 $ 922 2,553,060 (1,418,312) 1,808 142,075
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net loss (12,641)     (10,673)   (1,968)
Shares issued under ATM Program, net (in shares)   134,000        
Shares issued under ATM Program, net 1,765 $ 1 1,764      
Common stock dividends (17,222)     (17,222)    
Unit distributions (1,591)         (1,591)
Redeemable noncontrolling interests (459)         (459)
Change in noncontrolling interests in consolidated joint ventures (1,628)         (1,628)
Redemption of common units for common stock (in shares)   11,000        
Redemption of common units for common stock 0   135     (135)
Redemption of common units           0
Shares issued under Dividend Reinvestment and Stock Purchase Plan 6   6      
Directors' deferred compensation plan 296   296      
Stock compensation (in shares)   793,000        
Stock compensation 10,325 $ 8 10,317      
Cancellation of restricted shares (in shares)   (267,000)        
Cancellation of restricted shares (3,998) $ (2) (3,996)      
Other comprehensive loss (4,561)       (4,172) (389)
Rebalancing of ownership percentage between parent and subsidiaries $ 0   2     (2)
Balance, ending (in shares) at Sep. 30, 2024 92,900,256 92,900,000        
Balance, ending at Sep. 30, 2024 $ 1,249,845 $ 929 2,561,584 (1,446,207) (2,364) 135,903
Balance, beginning (in shares) at Jun. 30, 2024   92,822,000        
Balance, beginning at Jun. 30, 2024 1,271,072 $ 928 2,559,343 (1,429,887) 2,040 138,648
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net loss (10,907)     (9,692)   (1,215)
Shares issued under ATM Program, net (66)   (66)      
Common stock dividends (6,628)     (6,628)    
Unit distributions (613)         (613)
Redeemable noncontrolling interests (81)         (81)
Change in noncontrolling interests in consolidated joint ventures (486)         (486)
Redemption of common units for common stock (in shares)   2,000        
Redemption of common units for common stock 0   22     (22)
Redemption of common units           0
Shares issued under Dividend Reinvestment and Stock Purchase Plan 2   2      
Directors' deferred compensation plan 98   98      
Stock compensation (in shares)   118,000        
Stock compensation 2,926 $ 1 2,925      
Cancellation of restricted shares (in shares)   (42,000)        
Cancellation of restricted shares (657)   (657)      
Other comprehensive loss (4,815)       (4,404) (411)
Rebalancing of ownership percentage between parent and subsidiaries $ 0   (83)     83
Balance, ending (in shares) at Sep. 30, 2024 92,900,256 92,900,000        
Balance, ending at Sep. 30, 2024 $ 1,249,845 $ 929 $ 2,561,584 $ (1,446,207) $ (2,364) $ 135,903