Annual report pursuant to Section 13 and 15(d)

Consolidated Statements Of Changes In Equity

v3.22.0.1
Consolidated Statements Of Changes In Equity - USD ($)
$ in Thousands
VERIS RESIDENTIAL, L.P. [Member]
General Partner Common Units [Member]
VERIS RESIDENTIAL, L.P. [Member]
Limited Partner Common Units/Vested LTIP Units [Member]
VERIS RESIDENTIAL, L.P. [Member]
General Partner Common Unitholders [Member]
VERIS RESIDENTIAL, L.P. [Member]
Limited Partner Common Unitholders [Member]
VERIS RESIDENTIAL, L.P. [Member]
Noncontrolling Interest In Consolidated Joint Ventures [Member]
VERIS RESIDENTIAL, L.P. [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
VERIS RESIDENTIAL, L.P. [Member]
Common Stock [Member]
Additional Paid-In Capital [Member]
Dividends In Excess Of Net Earnings [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Noncontrolling Interests In Subsidiaries [Member]
Total
Balance, value at Dec. 31, 2018               $ 903 $ 2,561,503 $ (1,084,518) $ 8,770 $ 210,523 $ 1,697,181
Balance, shares at Dec. 31, 2018               90,320,000          
Balance, value at Dec. 31, 2018     $ 1,413,497 $ 232,764 $ 42,150 $ 8,770 $ 1,697,181            
Balance, units at Dec. 31, 2018 90,320,000 10,229,000                      
Net income (loss)     111,861 13,264 18,711   143,836     111,861   31,975 143,836
Common stock dividends                   (72,401)     (72,401)
Common unit distributions     (72,401) (8,705)     (81,106)         (8,705) (8,705)
Redeemable noncontrolling interests     (25,885) (2,855) (22,615)   (51,355)   (25,885)     (25,470) (51,355)
Change in noncontrolling interests in consolidated joint ventures     (1,958)   9,050   7,092   (1,958)     9,050 7,092
Vested LTIP units, shares   68,000                      
Redemption of common units for common stock, value     705 (705)       $ 1 704     (705)  
Redemption of common units for common stock, shares 38,000 (20,000)           38,000          
Redemption of common units, value     (1,665) (12,799)     (14,464)   (1,665)     (12,799) (14,464)
Redemption of common units, shares   (665,000)                      
Shares issued under Dividend Reinvestment and Stock Purchase Plan, value     39       39   39       39
Shares issued under Dividend Reinvestment and Stock Purchase Plan, shares 2,000             2,000          
Directors' deferred compensation plan, value     319       319 $ 2 317       319
Directors' deferred compensation plan, shares 194,000             194,000          
Stock compensation, value     627 7,534     8,161   627     7,534 8,161
Stock compensation, shares 41,000             41,000          
Cancellation of common stock, value     2,819 (2,889)     (70)            
Cancellation of restricted shares, value                   2,819   (2,889) (70)
Other comprehensive income (loss)     (390) (980)   (8,788) (10,158)     (390) (8,788) (980) (10,158)
Rebalancing of ownership percentage between parent and subsidiaries                 1,758     (1,758)  
Balance, value at Dec. 31, 2019               $ 906 2,535,440 (1,042,629) (18) 205,776 1,699,475
Balance, shares at Dec. 31, 2019               90,595,000          
Balance, value at Dec. 31, 2019     1,427,568 224,629 47,296 (18) 1,699,475            
Balance, units at Dec. 31, 2019 90,595,000 9,612,000                      
Net income (loss)     (51,387) (5,399) 23,188   (33,598)     (51,387)   17,789 (33,598)
Common stock dividends                   (36,261)     (36,261)
Common unit distributions     (36,261) (3,509)     (39,770)         (3,509) (3,509)
Redeemable noncontrolling interests                 (11,814)     (27,137) (38,951)
Decrease in noncontrolling interest     (11,814) (1,254) (25,883)   (38,951)            
Change in noncontrolling interests in consolidated joint ventures         171   171         171 171
Vested LTIP units, shares   175,000                      
Redemption of common units, value       (2,693)     (2,693)         (2,693) (2,693)
Redemption of common units, shares   (138,000)                      
Shares issued under Dividend Reinvestment and Stock Purchase Plan, value     37       37   37       37
Shares issued under Dividend Reinvestment and Stock Purchase Plan, shares (3,000)             3,000          
Directors' deferred compensation plan, value     291       291 $ 1 290       291
Directors' deferred compensation plan, shares 61,000             61,000          
Stock compensation, value     1,614 6,021     7,635   1,614     6,021 7,635
Stock compensation, shares 53,000             53,000          
Cancellation of common stock, value       (201)     (201)            
Cancellation of restricted shares, value                       (201) (201)
Other comprehensive income (loss)       (34)   18 (16)       18 (34) (16)
Rebalancing of ownership percentage between parent and subsidiaries                 2,620     (2,620)  
Balance, value at Dec. 31, 2020               $ 907 2,528,187 (1,130,277)   193,563 1,592,380
Balance, shares at Dec. 31, 2020               90,712,000          
Balance, value at Dec. 31, 2020     1,330,048 217,560 44,772   1,592,380            
Balance, units at Dec. 31, 2020 90,712,000 9,649,000                      
Net income (loss)     (119,042) (11,879) 21,382   (109,539)     (119,042)   9,503 (109,539)
Common unit distributions       (645)     (645)         (645) (645)
Redeemable noncontrolling interests     (7,290) (726) (25,977)   (33,993)   (7,290)     (26,703) (33,993)
Change in noncontrolling interests in consolidated joint ventures         206   206         206 206
Vested LTIP units, shares   270,000                      
Redemption of common units for common stock, value     2,716 (2,716)       $ 2 2,714     (2,716)  
Redemption of common units for common stock, shares 175,000 (175,000)           175,000          
Redemption of common units, value       (11,357)     (11,357)         (11,357) $ (11,357)
Redemption of common units, shares   (731,000)                     53,000
Shares issued under Dividend Reinvestment and Stock Purchase Plan, value     28       28   28       $ 28
Shares issued under Dividend Reinvestment and Stock Purchase Plan, shares 3,000             3,000          
Directors' deferred compensation plan, value     314       314   314       314
Stock compensation, value     5,139 5,708     10,847   5,139     5,708 10,847
Stock compensation, shares 58,000             58,000          
Cancellation of restricted shares, value     (123)       (123)   (123)       (123)
Other comprehensive income (loss)       1   9 10       9 1 10
Rebalancing of ownership percentage between parent and subsidiaries                 1,414     (1,414)  
Balance, value at Dec. 31, 2021               $ 909 $ 2,530,383 $ (1,249,319) $ 9 $ 167,436 $ 1,449,418
Balance, shares at Dec. 31, 2021               90,948,000          
Balance, value at Dec. 31, 2021     $ 1,211,790 $ 197,236 $ 40,383 $ 9 $ 1,449,418            
Balance, units at Dec. 31, 2021 90,948,000 9,013,000