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

ORGANIZATION AND BASIS OF PRESENTATION (Details)

v3.25.0.1

ORGANIZATION AND BASIS OF PRESENTATION (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2024 USD ($) property	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)
Real Estate Properties [Line Items]
Percentage of ownership interest	91.50%	91.40%
Consolidated joint ventures, total real estate assets	$ 442,400	$ 449,800
Consolidated joint ventures, other assets	5,600	6,700
Consolidated joint ventures, mortgages	284,100	285,200
Consolidated joint ventures, other liabilities	15,200	14,700
General and administrative	39,059	44,443	$ 55,919
Operating services	48,239	$ 50,769	$ 47,200
Revision of Prior Period, Adjustment
Real Estate Properties [Line Items]
General and administrative	2,900
Operating services	$ 600
Multi-Family Properties
Real Estate Properties [Line Items]
Number of properties \| property	22
Parking/Retail
Real Estate Properties [Line Items]
Number of properties \| property	3
Company Controlled Properties
Real Estate Properties [Line Items]
Number of properties \| property	19
Multi-Family Properties, Company Controlled
Real Estate Properties [Line Items]
Number of properties \| property	16
Non-Core Assets
Real Estate Properties [Line Items]
Number of properties \| property	3
Multi-Family Properties, Investment \| Unconsolidated Properties
Real Estate Properties [Line Items]
Number of properties \| property	6
Developable Land Parcel \| Unconsolidated Properties
Real Estate Properties [Line Items]
Number of properties \| property	1

- Definition

The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(4))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6-07(2)(a))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479134/946-220-S99-1

+ Details

Name:	us-gaap_GeneralAndAdministrativeExpense
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	duration

- Definition

The number of real estate properties owned as of the balance sheet date.

+ References

No definition available.

+ Details

Name:	us-gaap_NumberOfRealEstateProperties
Namespace Prefix:	us-gaap_
Data Type:	xbrli:integerItemType
Balance Type:	na
Period Type:	instant

- Definition

Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Excludes Selling, General and Administrative Expense.

+ References

No definition available.

+ Details

Name:	us-gaap_OperatingCostsAndExpenses
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	duration

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

No definition available.

+ Details

Name:	us-gaap_RealEstatePropertiesLineItems
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

- Definition

Consolidated Joint Ventures Mortgages

+ References

No definition available.

+ Details

Name:	vre_ConsolidatedJointVenturesMortgages
Namespace Prefix:	vre_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Consolidated Joint Ventures Other Assets

+ References

No definition available.

+ Details

Name:	vre_ConsolidatedJointVenturesOtherAssets
Namespace Prefix:	vre_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

- Definition

Consolidated Joint Ventures Other Liabilities

+ References

No definition available.

+ Details

Name:	vre_ConsolidatedJointVenturesOtherLiabilities
Namespace Prefix:	vre_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Consolidated Joint Ventures Real Estate Assets

+ References

No definition available.

+ Details

Name:	vre_ConsolidatedJointVenturesRealEstateAssets
Namespace Prefix:	vre_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

- Definition

General Partner Ownership Percentage

+ References

No definition available.

+ Details

Name:	vre_GeneralPartnerOwnershipPercentage
Namespace Prefix:	vre_
Data Type:	dtr-types1:percentItemType
Balance Type:	na
Period Type:	instant

- Details

Name:	srt_RestatementAxis=srt_RestatementAdjustmentMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

- Details

Name:	srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=vre_MultipleFamilyPropertiesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

- Details

Name:	srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=vre_ParkingRetailMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

- Details

Name:	srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=vre_CompanyControlledPropertiesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

- Details

Name:	srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=vre_MultiFamilyPropertiesCompanyControlledMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

- Details

Name:	srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=vre_NonCoreAssetsMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

- Details

Name:	srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=vre_MultiFamilyPropertiesInvestmentMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

- Details

Name:	us-gaap_RealEstatePropertiesAxis=us-gaap_UnconsolidatedPropertiesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

- Details

Name:	srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=vre_DevelopableLandParcelMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: