Veris Residential, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Cover
- Cover
- Audit Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- SIGNIFICANT ACCOUNTING POLICIES (Policy)
Notes Tables
Notes Details

DISCONTINUED OPERATIONS - Schedule of Income from Discontinued Operations and Related Realized and Unrealized Gains (Losses) (Details)

v3.24.0.1

DISCONTINUED OPERATIONS - Schedule of Income from Discontinued Operations and Related Realized and Unrealized Gains (Losses) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Loss from extinguishment of debt, net	$ (5,606)	$ (129)	$ (47,078)
Income (Loss) from discontinued operations	3,150	(64,704)	22,174
Gain on disposition of developable land	7,068	57,262	2,115
Realized gains (losses) and unrealized gains (losses) on disposition of rental property and impairments, net	41,682	69,353	25,552
Total discontinued operations, net	44,832	4,649	47,726
Discontinued Operations \| Suburban Office Portfolio
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Total Revenues	21,085	127,541	163,284
Operating and other (expenses) income, net	(12,437)	(63,157)	(83,557)
Property impairments	0	(94,811)	(13,467)
Depreciation and amortization	(5,486)	(26,974)	(44,086)
Loss from extinguishment of debt, net	(12)	(7,303)	0
Income (Loss) from discontinued operations	3,150	(64,704)	22,174
Gain on disposition of developable land	39,271	0	0
Proceeds from the sale of investments in unconsolidated joint ventures	0	7,677	0
Realized gains (losses) and unrealized gains (losses) on disposition of rental property, net	2,411	61,676	25,552
Realized gains (losses) and unrealized gains (losses) on disposition of rental property and impairments, net	41,682	69,353	25,552
Total discontinued operations, net	$ 44,832	$ 4,649	$ 47,726

- Definition

Amount after tax of gain (loss) not previously recognized resulting from the disposal of a discontinued operation.

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