Annual report pursuant to Section 13 and 15(d)

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

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VERIS RESIDENTIAL, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-In Capital
Dividends in Excess of Net Earnings
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interests in Subsidiaries
Beginning balance (in shares) at Dec. 31, 2020   90,712,000        
Beginning balance at Dec. 31, 2020 $ 1,592,380 $ 907 $ 2,528,187 $ (1,130,277) $ 0 $ 193,563
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net (loss) income (109,539)     (119,042)   9,503
Units Distributions 645         645
Redeemable noncontrolling interests (33,993)   (7,290)     (26,703)
Change in noncontrolling interests in consolidated joint ventures 206         206
Redemption of common units for common stock (in shares)   175,000        
Redemption of common units for common stock   $ 2 2,714     (2,716)
Redemption of common units (11,357)         (11,357)
Shares issued under Dividend Reinvestment and Stock Purchase Plan (in shares)   3,000        
Shares issued under Dividend Reinvestment and Stock Purchase Plan 28   28      
Directors' deferred compensation plan 314   314      
Stock compensation (in shares)   58,000        
Stock compensation 10,847   5,139     5,708
Cancellation of restricted shares (123)   (123)      
Other comprehensive income (loss) 10       9 1
Rebalancing of ownership percentage between parent and subsidiaries 0   1,414     (1,414)
Ending balance (in shares) at Dec. 31, 2021   90,948,000        
Ending balance at Dec. 31, 2021 1,449,418 $ 909 2,530,383 (1,249,319) 9 167,436
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net (loss) income (34,885)     (52,066)   17,181
Units Distributions 218         218
Redeemable noncontrolling interests (31,557)   (5,475)     (26,082)
Change in noncontrolling interests in consolidated joint ventures 239         239
Redemption of common units for common stock (in shares)   12,000        
Redemption of common units for common stock 0 $ 0 161     (161)
Redemption of common units (1,826)         (1,826)
Shares issued under Dividend Reinvestment and Stock Purchase Plan (in shares)   2,000        
Shares issued under Dividend Reinvestment and Stock Purchase Plan 23   23      
Directors' deferred compensation plan 440   440      
Stock compensation (in shares)   231,000        
Stock compensation 13,767 $ 2 9,926     3,839
Cancellation of restricted shares (in shares)   (51,000)        
Cancellation of restricted shares (866)   (866)      
Other comprehensive income (loss) 4,366       3,968 398
Rebalancing of ownership percentage between parent and subsidiaries $ 0   (2,410)     2,410
Ending balance (in shares) at Dec. 31, 2022 91,141,649 91,142,000        
Ending balance at Dec. 31, 2022 $ 1,399,337 $ 911 2,532,182 (1,301,385) 3,977 163,652
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net (loss) income (112,361)     (107,265)   (5,096)
Shares issued under ATM Program, net (540)   (540)      
Common stock dividends (9,662)     (9,662)    
Units Distributions (891)         (891)
Redeemable noncontrolling interests (12,595)   (4,516)     (8,079)
Change in noncontrolling interests in consolidated joint ventures (885)   (530)     (355)
Redemption of common units for common stock (in shares)   821,000        
Redemption of common units for common stock 0 $ 8 11,363     (11,371)
Redemption of common units (142)         (142)
Shares issued under Dividend Reinvestment and Stock Purchase Plan 4   4      
Directors' deferred compensation plan (in shares)   21,000        
Directors' deferred compensation plan 394   394      
Stock compensation (in shares)   284,000        
Stock compensation 19,876 $ 3 19,386     487
Cancellation of restricted shares (in shares)   (39,000)        
Cancellation of restricted shares (607)   (607)      
Other comprehensive income (loss) (2,375)       (2,169) (206)
Rebalancing of ownership percentage between parent and subsidiaries $ 0   (4,076)     4,076
Ending balance (in shares) at Dec. 31, 2023 92,229,424 92,229,000        
Ending balance at Dec. 31, 2023 $ 1,279,553 $ 922 $ 2,553,060 $ (1,418,312) $ 1,808 $ 142,075