Annual report pursuant to Section 13 and 15(d)

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

v3.25.0.1
VERIS RESIDENTIAL, L.P. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Thousands
Total
VERIS RESIDENTIAL, L.P.
Accumulated Other Comprehensive Income (Loss)
VERIS RESIDENTIAL, L.P.
General Partner Common Units
VERIS RESIDENTIAL, L.P.
Limited Partner Common Units/ Vested LTIP Units
VERIS RESIDENTIAL, L.P.
General Partner Common Unitholders
VERIS RESIDENTIAL, L.P.
Limited Partner Common Unitholders
VERIS RESIDENTIAL, L.P.
Noncontrolling Interest in Consolidated Joint Ventures
VERIS RESIDENTIAL, L.P.
Beginning balance (in shares) at Dec. 31, 2021       90,948,000 9,013,000      
Beginning balance at Dec. 31, 2021   $ 1,449,418 $ 9     $ 1,211,790 $ 197,236 $ 40,383
Increase (Decrease) in Partners' Capital [Roll Forward]                
Net (loss) income $ (34,885) (34,885)       (52,066) (5,274) 22,455
Units Distributions 218 218         218  
Redeemable noncontrolling interests (31,557) (31,557)       (5,475) (548) (25,534)
Change in noncontrolling interests in consolidated joint ventures 239 239           239
Redemption of limited partner common units for shares of general partner common units (in shares)       12,000 (12,000)      
Redemption of limited partner common units for shares of general partner common units 0 $ 0       161 (161)  
Vested LTIP units (in shares)   181,000     410,000      
Redemption of limited partners common units (in shares)   11,508     110,000      
Redemption of limited partners common units (1,826) $ (1,826)         (1,826)  
Shares issued under Dividend Reinvestment and Stock Purchase Plan (in shares)       2,000        
Shares issued under Dividend Reinvestment and Stock Purchase Plan 23 23       23    
Directors' deferred compensation plan 440 440       440    
Other comprehensive income (loss) 4,366 4,366 3,968       398  
Stock compensation (in shares)       231,000        
Stock compensation 13,767 13,767       9,928 3,839  
Cancellation of restricted shares (in shares)       (51,000)        
Cancellation of restricted shares 866 866       866    
Ending balance (in shares) at Dec. 31, 2022       91,142,000 9,301,000      
Ending balance at Dec. 31, 2022   1,399,337 3,977     1,163,935 193,882 37,543
Increase (Decrease) in Partners' Capital [Roll Forward]                
Net (loss) income (112,361) (112,361)       (107,265) (10,395) 5,299
Shares issued under ATM Program, net (540) (540)       (540)    
Units Distributions (891) (10,553)       (9,662) (891)  
Redeemable noncontrolling interests (12,595) (12,595)       (4,516) (461) (7,618)
Change in noncontrolling interests in consolidated joint ventures (885) (885)       (530)   (355)
Redemption of limited partner common units for shares of general partner common units (in shares)       821,000 (821,000)      
Redemption of limited partner common units for shares of general partner common units 0 $ 0       11,371 (11,371)  
Vested LTIP units (in shares)   (231,519)     221,000      
Redemption of limited partners common units (in shares)   820,540     8,000      
Redemption of limited partners common units (142) $ (142)         (142)  
Shares issued under Dividend Reinvestment and Stock Purchase Plan 4 4       4    
Directors' deferred compensation plan (in shares)       21,000        
Directors' deferred compensation plan 394 394       394    
Other comprehensive income (loss) (2,375) (2,375) (2,169)       (206)  
Stock compensation (in shares)       284,000        
Stock compensation 19,876 19,876       19,389 487  
Cancellation of restricted shares (in shares)       (39,000)        
Cancellation of restricted shares $ 607 607       607    
Ending balance (in shares) at Dec. 31, 2023 92,229,424     92,229,000 8,693,000      
Ending balance at Dec. 31, 2023   1,279,553 1,808     1,071,973 170,903 34,869
Increase (Decrease) in Partners' Capital [Roll Forward]                
Net (loss) income $ (26,664) (26,664)       (23,120) (2,160) (1,384)
Shares issued under ATM Program, net (in shares)       134,000        
Shares issued under ATM Program, net 1,765 1,765       1,765    
Units Distributions (2,290) (27,045)       (24,755) (2,290)  
Redeemable noncontrolling interests (540) (540)           (540)
Change in noncontrolling interests in consolidated joint ventures (1,852) $ (1,855)           (1,855)
Redemption of limited partner common units for shares of general partner common units $ 0              
Vested LTIP units (in shares)   1,883     1,000      
Redemption of limited partners common units (in shares) 22,197 22,197   22,000 22,000      
Redemption of limited partners common units   $ 0       268 (268)  
Shares issued under Dividend Reinvestment and Stock Purchase Plan $ 11 11       11    
Directors' deferred compensation plan 394 394       394    
Other comprehensive income (loss) (1,809) (1,809) (1,654)       (155)  
Stock compensation (in shares)       794,000        
Stock compensation 13,259 13,262       13,262    
Cancellation of restricted shares (in shares)       (267,000)        
Cancellation of restricted shares $ 4,003 4,003       4,003    
Ending balance (in shares) at Dec. 31, 2024 92,912,253     92,912,000 8,672,000      
Ending balance at Dec. 31, 2024   $ 1,233,069 $ 154     $ 1,035,795 $ 166,030 $ 31,090