Veris Residential, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Investments In Unconsolidated Joint Ventures (Overlook Ridge JV 2C/3B, L.L.C.) (Narrative) (Details)

Investments In Unconsolidated Joint Ventures (Overlook Ridge JV 2C/3B, L.L.C.) (Narrative) (Details) (USD $)		3 Months Ended				3 Months Ended			3 Months Ended			0 Months Ended	3 Months Ended		3 Months Ended
	Mar. 31, 2014	Mar. 31, 2014 Overlook Ridge Apartments Investors, L.L.C. [Member]	Mar. 31, 2013 Overlook Ridge Apartments Investors, L.L.C. [Member]	Mar. 31, 2014 Overlook Ridge Apartments Member L.L.C. [Member]	Mar. 31, 2014 Rowe [Member]	Mar. 31, 2014 Overlook Ridge JV 2C/3B, L.L.C. [Member]	Mar. 31, 2014 Overlook Ridge JV 2C/3B, L.L.C. [Member] Overlook Ridge Apartments Member L.L.C. [Member]	Mar. 31, 2014 Overlook Ridge 2C 3B's Interest In Overlook Ridge Apartments Investors [Member]	Mar. 31, 2014 Overlook 2C 3B Project [Member]	Mar. 31, 2014 Overlook 2C 3B Project [Member] Overlook Ridge Apartments Investors, L.L.C. [Member]	Mar. 31, 2014 Overlook 2C 3B Project [Member] Overlook Ridge JV 2C/3B, L.L.C. [Member] item property	Jan. 18, 2013 Construction Loan [Member] Overlook Ridge Apartments Investors, L.L.C. [Member]	Mar. 31, 2014 Construction Loan [Member] Overlook Ridge Apartments Investors, L.L.C. [Member] item	Mar. 31, 2014 Construction Loan [Member] Overlook 2C 3B Project [Member] Overlook Ridge Apartments Investors, L.L.C. [Member]	Mar. 31, 2014 Construction Loan Extension Number 1 [Member] Overlook Ridge Apartments Investors, L.L.C. [Member]	Mar. 31, 2014 Minimum [Member]	Mar. 31, 2014 Minimum [Member] Construction Loan [Member] Overlook Ridge Apartments Investors, L.L.C. [Member]	Mar. 31, 2014 Maximum [Member]
Schedule of Equity Method Investments [Line Items]
Indirect residual ownership percentage						25.00%
Number of units											371
Number of real estate properties											4
Percentage of interest in venture						50.00%										7.50%		80.00%
Investment ownership percentage								50.00%
Total project costs									$ 79,400,000	$ 23,900,000
Maximum borrowing capacity													55,500,000	55,500,000
Amount outstanding													30,000,000
Percentage of operating return on capital		6.50%
Capital balance							23,900,000
Accumulated unpaid operating return							1,900,000
Percentage of capital event cash flows distributed				100.00%		30.00%
Initial internal rate of return				9.00%
Percentage of capital event cash flows distributed after initial internal rate of return reached				70.00%
Internal rate of return				11.00%
Spread over LIBOR													2.50%
Loan maturity date													Dec. 01, 2015
Number of extension options													2
Loan extension period													1 year
Extension fee															0.25%
Amount of debt guaranteed by company													8,300,000
Threshold of payment guarantee termination, debt service coverage ratio																	1.25
Interest rate												3.0875%
Notional amount												1,840,000	50,800,000
Percentage return on unrecovered capital						9.00%
Unrecovered notional capital	200,000				7,200,000
Development management and other services fees		$ 278,000	$ 69,000
Holding and distribution pattern under operating agreement		In general, the operating agreement of Overlook Apartments Investors provides that operating cash flows are distributed to members first to Overlook Apartments Member and then to Overlook 2C/3B based on a 6.5 percent preferred return on each members' capital balance in priorities as detailed in the operating agreement. Excess operating cash flows are distributed to the members in accordance with their ownership percentages.				The operating agreement of Overlook 2C/3B provides, among other things, for the distribution of net operating cash flow to the members, as follows:First, to each member in proportion to and to the extent of such member's unrecovered return of nine percent on unrecovered capital; andSecond, to the members in accordance with their ownership percentages.