Condensed Quarterly Financial Information |
12 Months Ended |
|---|---|
Dec. 31, 2021 | |
| Condensed Quarterly Financial Information | 20. CONDENSED QUARTERLY FINANCIAL INFORMATION (unaudited) Veris Residential, Inc. The following summarizes the condensed quarterly financial information for the Company (dollars in thousands): Quarter Ended 2021 December 31 September 30 June 30 March 31Total revenues$ 88,233 $ 83,744 $ 81,247 $ 76,093Net income (loss)$ (23,237) $ (25,792) $ (74,031) $ 13,521Net income (loss) available to common shareholders$ (26,272) $ (28,314) $ (72,079) $ 7,623 ` Basic earnings per common share: Income from continuing operations$(0.32) $(0.34) $(0.86) $(0.28)Discontinued operations - 0.01 0.05 0.34Net income (loss) available to common shareholders$(0.32) $(0.33) $(0.81) $0.06 Diluted earnings per common share: Income from continuing operations$ (0.32) $ (0.34) $(0.86) $(0.28)Discontinued operations - 0.01 0.05 0.34Net income (loss) available to common shareholders$(0.32) $(0.33) $(0.81) $0.06 Quarter Ended 2020 December 31 September 30 June 30 March 31Total revenues$ 76,564 $ 79,197 $ 74,197 $ 83,604Net income (loss)$ 78,298 $ (41,118) $ (32,934) $ (37,844)Net income (loss) available to common shareholders$ 65,632 $ (42,208) $ (34,887) $ (39,924) ` Basic earnings per common share: Income from continuing operations$0.22 $(0.83) $(0.50) $(0.40)Discontinued operations 0.45 0.34 0.09 (0.07)Net income (loss) available to common shareholders$0.67 $(0.49) $(0.41) $(0.47) Diluted earnings per common share: Income from continuing operations$0.22 $ (0.83) $(0.50) $(0.40)Discontinued operations 0.45 0.34 0.09 (0.07)Net income (loss) available to common shareholders$0.67 $(0.49) $(0.41) $(0.47) Veris Residential, L.P. The following summarizes the condensed quarterly financial information for the Company (dollars in thousands): Quarter Ended 2021 December 31 September 30 June 30 March 31Total revenues$ 88,233 $ 83,744 $ 81,247 $ 76,093Net income (loss)$ (23,237) $ (25,792) $ (74,031) $ 13,521Net income (loss) available to common unitholders$ (28,876) $ (31,126) $ (79,304) $ 8,385 Basic earnings per common unit: Income from continuing operations$(0.32) $(0.34) $(0.86) $(0.28)Discontinued operations - 0.01 0.05 0.34Net income (loss) available to common unitholders$(0.32) $(0.33) $(0.81) $0.06 Diluted earnings per common units: Income from continuing operations$(0.32) $(0.34) $(0.86) $(0.28)Discontinued operations - 0.01 0.05 0.34Net income (loss) available to common unitholders$(0.32) $(0.33) $(0.81) $0.06 Quarter Ended 2020 December 31 September 30 June 30 March 31Total revenues$ 76,564 $ 79,197 $ 74,197 $ 83,604Net income (loss)$ 78,298 $ (41,118) $ (32,934) $ (37,844)Net income (loss) available to common unitholders$ 72,623 $ (46,694) $ (38,576) $ (44,139) Basic earnings per common unit: Income from continuing operations$0.22 $(0.83) $(0.50) $(0.40)Discontinued operations 0.45 0.34 0.09 (0.07)Net income (loss) available to common unitholders$0.67 $(0.49) $(0.41) $(0.47) Diluted earnings per common unit: Income from continuing operations$0.22 $(0.83) $(0.50) $(0.40)Discontinued operations 0.45 0.34 0.09 (0.07)Net income (loss) available to common unitholders$0.67 $(0.49) $(0.41) $(0.47) |
| VERIS RESIDENTIAL, L.P. [Member] | |
| Condensed Quarterly Financial Information | 20. CONDENSED QUARTERLY FINANCIAL INFORMATION (unaudited) Veris Residential, Inc. The following summarizes the condensed quarterly financial information for the Company (dollars in thousands): Quarter Ended 2021 December 31 September 30 June 30 March 31Total revenues$ 88,233 $ 83,744 $ 81,247 $ 76,093Net income (loss)$ (23,237) $ (25,792) $ (74,031) $ 13,521Net income (loss) available to common shareholders$ (26,272) $ (28,314) $ (72,079) $ 7,623 ` Basic earnings per common share: Income from continuing operations$(0.32) $(0.34) $(0.86) $(0.28)Discontinued operations - 0.01 0.05 0.34Net income (loss) available to common shareholders$(0.32) $(0.33) $(0.81) $0.06 Diluted earnings per common share: Income from continuing operations$ (0.32) $ (0.34) $(0.86) $(0.28)Discontinued operations - 0.01 0.05 0.34Net income (loss) available to common shareholders$(0.32) $(0.33) $(0.81) $0.06 Quarter Ended 2020 December 31 September 30 June 30 March 31Total revenues$ 76,564 $ 79,197 $ 74,197 $ 83,604Net income (loss)$ 78,298 $ (41,118) $ (32,934) $ (37,844)Net income (loss) available to common shareholders$ 65,632 $ (42,208) $ (34,887) $ (39,924) ` Basic earnings per common share: Income from continuing operations$0.22 $(0.83) $(0.50) $(0.40)Discontinued operations 0.45 0.34 0.09 (0.07)Net income (loss) available to common shareholders$0.67 $(0.49) $(0.41) $(0.47) Diluted earnings per common share: Income from continuing operations$0.22 $ (0.83) $(0.50) $(0.40)Discontinued operations 0.45 0.34 0.09 (0.07)Net income (loss) available to common shareholders$0.67 $(0.49) $(0.41) $(0.47) Veris Residential, L.P. The following summarizes the condensed quarterly financial information for the Company (dollars in thousands): Quarter Ended 2021 December 31 September 30 June 30 March 31Total revenues$ 88,233 $ 83,744 $ 81,247 $ 76,093Net income (loss)$ (23,237) $ (25,792) $ (74,031) $ 13,521Net income (loss) available to common unitholders$ (28,876) $ (31,126) $ (79,304) $ 8,385 Basic earnings per common unit: Income from continuing operations$(0.32) $(0.34) $(0.86) $(0.28)Discontinued operations - 0.01 0.05 0.34Net income (loss) available to common unitholders$(0.32) $(0.33) $(0.81) $0.06 Diluted earnings per common units: Income from continuing operations$(0.32) $(0.34) $(0.86) $(0.28)Discontinued operations - 0.01 0.05 0.34Net income (loss) available to common unitholders$(0.32) $(0.33) $(0.81) $0.06 Quarter Ended 2020 December 31 September 30 June 30 March 31Total revenues$ 76,564 $ 79,197 $ 74,197 $ 83,604Net income (loss)$ 78,298 $ (41,118) $ (32,934) $ (37,844)Net income (loss) available to common unitholders$ 72,623 $ (46,694) $ (38,576) $ (44,139) Basic earnings per common unit: Income from continuing operations$0.22 $(0.83) $(0.50) $(0.40)Discontinued operations 0.45 0.34 0.09 (0.07)Net income (loss) available to common unitholders$0.67 $(0.49) $(0.41) $(0.47) Diluted earnings per common unit: Income from continuing operations$0.22 $(0.83) $(0.50) $(0.40)Discontinued operations 0.45 0.34 0.09 (0.07)Net income (loss) available to common unitholders$0.67 $(0.49) $(0.41) $(0.47) |