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 (Tables)

Investments In Unconsolidated Joint Ventures (Tables)

3 Months Ended

Mar. 31, 2012

Investments In Unconsolidated Joint Ventures [Abstract]

Summary Of The Results Of Financial Position


	March 31, 2012
	Plaza		Red Bank			Boston-
	VIII & IX	Harborside	Corporate	Gramercy	12	Downtown	Gale	Stamford	Combined
	Associates	South Pier	Plaza	Agreement	Vreeland	Crossing	Jefferson	SM LLC	Total
Assets:
Rental property, net	$ 8,182	$ 58,492	$ 22,745	$ 39,025	$ 14,144	--	--	--	$ 142,588
Other assets	1,108	13,189	3,108	5,713	484	$ 45,986	$ 2,987	$ 40,485	113,060
Total assets	$ 9,290	$ 71,681	$ 25,853	$ 44,738	$ 14,628	$ 45,986	$ 2,987	$ 40,485	$ 255,648
Liabilities and
partners'/members'
capital (deficit):
Mortgages, loans payable
and other obligations	--	$ 70,411	$ 17,914	$ 50,978	$ 652	--	--	--	$ 139,955
Other liabilities	$ 532	6,344	138	1,255	--	--	--	---	8,269
Partners'/members'
capital (deficit)	8,758	(5,074)	7,801	(7,495)	13,976	$ 45,986	$ 2,987	$ 40,485	107,424
Total liabilities and
partners'/members'
capital (deficit)	$ 9,290	$ 71,681	$ 25,853	$ 44,738	$ 14,628	$ 45,986	$ 2,987	$ 40,485	$ 255,648
Company's investments
in unconsolidated
joint ventures, net	$ 4,301	$ (1,331)	$ 3,787	--	$ 10,432	$ 13,049	$ 1,173	$ 32,388	$ 63,799


	December 31, 2011
	Plaza		Red Bank			Boston-
	VIII & IX	Harborside	Corporate	Gramercy	12	Downtown	Gale	Stamford	Combined
	Associates	South Pier	Plaza	Agreement	Vreeland	Crossing	Jefferson	SM LLC	Total
Assets:
Rental property, net	$ 8,335	$ 59,733	$ 22,903	$ 39,276	$ 13,122	--	--	--	$ 143,369
Other assets	933	12,840	2,909	5,669	521	$ 46,121	$ 2,927	--	71,920
Total assets	$ 9,268	$ 72,573	$ 25,812	$ 44,945	$ 13,643	$ 46,121	$ 2,927	--	$ 215,289
Liabilities and
partners'/members'
capital (deficit):
Mortgages, loans payable
and other obligations	--	$ 70,690	$ 18,100	$ 50,978	$ 1,207	--	--	--	$ 140,975
Other liabilities	$ 531	4,982	117	1,086	168	--	--	--	6,884
Partners'/members'
capital (deficit)	8,737	(3,099)	7,595	(7,119)	12,268	$ 46,121	$ 2,927	--	67,430
Total liabilities and
partners'/members'
capital (deficit)	$ 9,268	$ 72,573	$ 25,812	$ 44,945	$ 13,643	$ 46,121	$ 2,927	--	$ 215,289
Company's investments
in unconsolidated
joint ventures, net	$ 4,291	$ (343)	$ 3,676	--	$ 10,233	$ 13,005	$ 1,153	--	$ 32,015

Summary Of The Results Of Operations


Three Months Ended March 31, 2012
		Plaza								Red Bank												Boston-
		VIII & IX				Harborside				Corporate				Gramercy					12			Downtown				Gale				Stamford				Combined
		Associates				South Pier				Plaza				Agreement				Vreeland				Crossing				Jefferson				SM LLC				Total
Total revenues		$	229			$	8,161			$	847			$	1,346			$	594				--			$	60			$	467			$	11,704
Operating and other			(55	)			(5,631	)			(234	)			(881	)			(22	)		$	(334	)			--				(22	)			(7,179	)
Depreciation and amortization			(153	)			(1,403	)			(228	)			(453	)			(153	)			--				--				--				(2,390	)
Interest expense			--				(1,102	)			(179	)			(388	)			(21	)			--				--				--				(1,690	)

Net income		$	21			$	25			$	206			$	(376	)		$	398			$	(334	)		$	60			$	445			$	445
Company's equity in earnings
(loss) of unconsolidated
joint ventures		$	10			$	12			$	103				--			$	199			$	(100	)		$	20			$	356			$	600


Three Months Ended March 31, 2011
		Plaza								Red Bank												Boston-
		VIII & IX				Harborside				Corporate				Gramercy					12			Downtown				Gale				Stamford				Combined
		Associates				South Pier				Plaza				Agreement				Vreeland				Crossing				Jefferson				SM LLC				Total
Total revenues		$	194			$	7,635			$	727			$	1,809			$	396				--			$	66				--			$	10,827
Operating and other			(51	)			(5,734	)			(127	)			(917	)			(18	)		$	(374	)			--				--				(7,221	)
Depreciation and amortization			(153	)			(1,424	)			(225	)			(793	)			(316	)			--				--				--				(2,911	)
Interest expense			--				(1,125	)			(80	)			(402	)			(36	)			--				--				--				(1,643	)

Net income		$	(10	)		$	(648	)		$	295			$	(303	)		$	26			$	(374	)		$	66				--			$	(948	)
Company's equity in earnings
(loss) of unconsolidated
joint ventures		$	(5	)		$	(161	)		$	147				--			$	13			$	(112	)		$	17				--			$	(101	)