Veris Residential, Inc. Quarterly report [Sections 13 or 15(d)]

Quarterly report [Sections 13 or 15(d)]

REVOLVING CREDIT FACILITY AND TERM LOANS (Details)

REVOLVING CREDIT FACILITY AND TERM LOANS (Details) $ in Thousands			1 Months Ended	12 Months Ended
	Jul. 09, 2025 USD ($)	Apr. 22, 2024 USD ($) property lender extension draw	Jul. 23, 2025 USD ($)	Dec. 31, 2024 USD ($)	Jun. 30, 2025 USD ($)
Line of Credit Facility [Line Items]
Loan balance				$ 1,700,000	$ 1,800,000
Revolving Credit Facility \| Credit Agreement \| Line of Credit
Line of Credit Facility [Line Items]
Number of lenders \| lender		8
Secured debt		$ 300,000
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			800,000
Loan balance					$ 127,000
Decrease in interest rate				0.05%
Decrease in commitment fee percentage				0.01%
Effective rate (as a percent)					7.06%
Revolving Credit Facility \| Credit Agreement \| Line of Credit \| 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 \| 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 \| 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 \| NYFRB Rate
Line of Credit Facility [Line Items]
Interest rate, variable (as a percent)		0.50%
Revolving Credit Facility \| Credit Agreement \| Line of Credit \| 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 \| 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 \| Term SOFR
Line of Credit Facility [Line Items]
Interest rate, variable (as a percent)		0.10%
Revolving Credit Facility \| Credit Agreement \| Line of Credit \| 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 \| 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 \| Minimum
Line of Credit Facility [Line Items]
Facility fee basis points		0.25%
Revolving Credit Facility \| Credit Agreement \| Line of Credit \| Maximum
Line of Credit Facility [Line Items]
Facility fee basis points		0.35%
Revolving Credit Facility \| 2024 Credit Agreement \| Line of Credit \| Minimum
Line of Credit Facility [Line Items]
Interest rate, variable (as a percent)		0.25%
Revolving Credit Facility \| 2024 Credit Agreement \| Line of Credit \| Maximum
Line of Credit Facility [Line Items]
Interest rate, variable (as a percent)		1.80%
Term Loan \| Credit Agreement \| Line of Credit
Line of Credit Facility [Line Items]
Secured debt		$ 200,000
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			$ 200,000
Effective rate (as a percent)					6.23%
Term Loan \| 2024 Credit Agreement \| Line of Credit \| Subsequent Event
Line of Credit Facility [Line Items]
Repayments of term loan	$ 200,000		$ 200,000
Term Loan \| 2024 Credit Agreement \| Line of Credit \| Minimum
Line of Credit Facility [Line Items]
Interest rate, variable (as a percent)		1.00%
Term Loan \| 2024 Credit Agreement \| Line of Credit \| Maximum
Line of Credit Facility [Line Items]
Interest rate, variable (as a percent)		2.00%