Annual report [Section 13 and 15(d), not S-K Item 405]

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

v3.25.4
VERIS RESIDENTIAL, L.P. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Thousands
Total
VERIS RESIDENTIAL, L.P.
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
Beginning balance (in shares) at Dec. 31, 2022       91,142,000 9,301,000      
Beginning 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)    
Common unit 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       92,229,000 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    
Common unit 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   22,000 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
Increase (Decrease) in Partners' Capital [Roll Forward]                
Net (loss) income $ 78,941 78,941       75,239 6,916 (3,214)
Common unit distributions (2,757) (33,178)       (30,421) (2,757)  
Redeemable noncontrolling interests (324) (324)           (324)
Change in noncontrolling interests in consolidated joint ventures (19,360) (19,360)           (19,360)
Redemption of limited partner common units for shares of general partner common units (in shares)       55,000 (55,000)      
Redemption of limited partner common units for shares of general partner common units $ 0 $ 0       659 (659)  
Redemption of limited partners common units (in shares) 54,530 54,530     30,000      
Redemption of limited partners common units $ (456) $ (456)         (456)  
Shares issued under Dividend Reinvestment and Stock Purchase Plan 9 9       9    
Directors' deferred compensation plan 468 468       468    
Other comprehensive income (loss) (919) (919) (841)       (78)  
Stock compensation (in shares)       735,000        
Stock compensation 11,828 11,828       11,828    
Cancellation of restricted shares (in shares)       (270,000)        
Cancellation of restricted shares $ 4,416 4,416       4,416    
Ending balance (in shares) at Dec. 31, 2025 93,432,649     93,432,000 8,587,000      
Ending balance at Dec. 31, 2025   $ 1,265,662 $ (687)     $ 1,089,161 $ 168,996 $ 8,192