Veris Residential, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Cover
- Cover
- Audit Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- SIGNIFICANT ACCOUNTING POLICIES (Policy)
Notes Tables
Notes Details

DISCONTINUED OPERATIONS - Schedule of Income from Discontinued Operations and Related Realized and Unrealized Gains (Losses) (Details)

v3.25.0.1

DISCONTINUED OPERATIONS - Schedule of Income from Discontinued Operations and Related Realized and Unrealized Gains (Losses) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Gain (loss) from extinguishment of debt, net	$ (777)	$ (5,606)	$ (129)
Income (loss) from discontinued operations	862	(32,686)	(64,854)
Gain (loss) on disposition of developable land	11,515	7,068	57,262
Realized gains (losses) and unrealized gains (losses) on disposition of rental property and impairments, net	3,447	41,682	69,353
Total discontinued operations, net	4,309	8,996	4,499
Discontinued Operations \| Suburban Office Portfolio
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Total revenues	2,255	40,649	147,634
Operating and other (expenses) income, net	(758)	(27,967)	(75,869)
Property impairments	0	(32,516)	(94,811)
Depreciation and amortization	(635)	(12,840)	(34,505)
Gain (loss) from extinguishment of debt, net	0	(12)	(7,303)
Income (loss) from discontinued operations	862	(32,686)	(64,854)
Gain (loss) on disposition of developable land	1,899	39,271	0
Gain (loss) on sale of unconsolidated joint venture interests	0	0	7,677
Realized gains (losses) and unrealized gains (losses) on disposition of rental property, net	1,548	2,411	61,676
Realized gains (losses) and unrealized gains (losses) on disposition of rental property and impairments, net	3,447	41,682	69,353
Total discontinued operations, net	$ 4,309	$ 8,996	$ 4,499

- Definition

Amount after tax of gain (loss) not previously recognized resulting from the disposal of a discontinued operation.

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