Annual report pursuant to Section 13 and 15(d)

Senior Unsecured Notes (Tables)

v3.22.0.1
Senior Unsecured Notes (Tables) - Senior Unsecured Notes [Member]
 12 Months Ended
Dec. 31, 2021
Debt Instrument [Line Items]  
Summary Of Senior Unsecured Notes December 31, December 31, Effective 2021 2020 Rate 4.500% Senior Unsecured Notes, due April 18, 2022 (1) $ - $ 300,000 -%3.150% Senior Unsecured Notes, due May 15, 2023 (1) - 275,000 -%Principal balance outstanding - 575,000 Adjustment for unamortized debt discount - (1,504) Unamortized deferred financing costs - (843) Total senior unsecured notes, net $ - $ 572,653 (1)On May 6, 2021, the Company retired these notes earlier than their maturity, using net sales proceeds from completed office property sales and borrowings under its 2021 credit facility and term loan. In conjunction with the notes being discharged, the Company incurred costs of $24.2 million (including a make-whole premium) which was expensed as loss from extinguishment of debt during the year ended December 31, 2021. See Note 9: Revolving Credit Facility and Term Loans.
VERIS RESIDENTIAL, L.P. [Member]  
Debt Instrument [Line Items]  
Summary Of Senior Unsecured Notes December 31, December 31, Effective 2021 2020 Rate 4.500% Senior Unsecured Notes, due April 18, 2022 (1) $ - $ 300,000 -%3.150% Senior Unsecured Notes, due May 15, 2023 (1) - 275,000 -%Principal balance outstanding - 575,000 Adjustment for unamortized debt discount - (1,504) Unamortized deferred financing costs - (843) Total senior unsecured notes, net $ - $ 572,653 (1)On May 6, 2021, the Company retired these notes earlier than their maturity, using net sales proceeds from completed office property sales and borrowings under its 2021 credit facility and term loan. In conjunction with the notes being discharged, the Company incurred costs of $24.2 million (including a make-whole premium) which was expensed as loss from extinguishment of debt during the year ended December 31, 2021. See Note 9: Revolving Credit Facility and Term Loans.