Quarterly report pursuant to Section 13 or 15(d)

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

v3.22.2.2
VERIS RESIDENTIAL, L.P. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Thousands
Total
General Partner Common Units
Common Unitholders
VERIS RESIDENTIAL, L.P.
VERIS RESIDENTIAL, L.P.
Accumulated Other Comprehensive Income (Loss)
VERIS RESIDENTIAL, L.P.
General Partner Common Units
VERIS RESIDENTIAL, L.P.
Limited Partner Common Units/ Vested LTIP Units
VERIS RESIDENTIAL, L.P.
Common Unitholders
VERIS RESIDENTIAL, L.P.
Limited Partner Common Unitholders
VERIS RESIDENTIAL, L.P.
Noncontrolling Interest in Consolidated Joint Ventures
Balance, beginning (in shares) at Dec. 31, 2020           90,712,000 9,649,000      
Balance, beginning at Dec. 31, 2020 $ 1,592,380     $ 1,592,380 $ 0     $ 1,330,048 $ 217,560 $ 44,772
Increase (Decrease) in Partners' Capital [Roll Forward]                    
Net income (loss) (86,302)     (86,302)       (92,770) (9,275) 15,743
Unit distributions 643     643         643  
Redeemable noncontrolling interests (24,805)     (24,805)       (4,903) (489) (19,413)
Change in noncontrolling interests in consolidated joint ventures 197     197           197
Vested LTIP units (in shares)             267,000      
Redemption of common units for common stock (in shares)           (175,000) (175,000)      
Redemption of common units for common stock 0     0       2,716 (2,716)  
Redemption of common units (in shares)             (720,000)      
Redemption of common units (11,164)   $ 2,716 (11,164)         (11,164)  
Shares issued under Dividend Reinvestment and Stock Purchase Plan (in shares)           2,000        
Shares issued under Dividend Reinvestment and Stock Purchase Plan 33     33       33    
Directors' deferred compensation plan, value 229   229 229       229    
Other comprehensive income (loss)     0              
Stock compensation (in shares)           58,000        
Stock compensation 7,979     7,979       3,517 4,462  
Cancellation of restricted shares (118)     (118)       (118)    
Balance, ending (in shares) at Sep. 30, 2021           90,947,000 9,021,000      
Balance, ending at Sep. 30, 2021 1,479,072     1,479,072 0     1,238,752 199,021 41,299
Balance, beginning (in shares) at Jun. 30, 2021           90,947,000 9,038,000      
Balance, beginning at Jun. 30, 2021 1,510,333     1,510,333 0     1,266,901 201,008 42,424
Increase (Decrease) in Partners' Capital [Roll Forward]                    
Net income (loss) (25,792)     (25,792)       (28,314) (2,812) 5,334
Redeemable noncontrolling interests (8,188)     (8,188)       (1,562) (155) (6,471)
Change in noncontrolling interests in consolidated joint ventures 12     12           12
Redemption of common units (in shares)             (17,000)      
Redemption of common units (295)   0 (295)         (295)  
Shares issued under Dividend Reinvestment and Stock Purchase Plan 4     4       4    
Directors' deferred compensation plan, value 91   91 91       91    
Other comprehensive income (loss)     0              
Stock compensation 2,907     2,907       1,632 1,275  
Balance, ending (in shares) at Sep. 30, 2021           90,947,000 9,021,000      
Balance, ending at Sep. 30, 2021 $ 1,479,072     1,479,072 0     1,238,752 199,021 41,299
Balance, beginning (in shares) at Dec. 31, 2021 90,948,008         90,948,000 9,013,000      
Balance, beginning at Dec. 31, 2021 $ 1,449,418     1,449,418 9     1,211,790 197,236 40,383
Increase (Decrease) in Partners' Capital [Roll Forward]                    
Net income (loss) (75,779)     (75,779)       (83,937) (8,526) 16,684
Unit distributions 218     218         218  
Redeemable noncontrolling interests (24,875)     (24,875)       (5,187) (520) (19,168)
Change in noncontrolling interests in consolidated joint ventures 24     24           24
Vested LTIP units (in shares)             397,000      
Redemption of common units for common stock (in shares)           (11,000) (11,000)      
Redemption of common units for common stock 0     0       161 (161)  
Redemption of common units (in shares)             (109,000)      
Redemption of common units (1,801)   161 (1,801)         (1,801)  
Shares issued under Dividend Reinvestment and Stock Purchase Plan (in shares)           2,000        
Shares issued under Dividend Reinvestment and Stock Purchase Plan 23     23       23    
Directors' deferred compensation plan, value 330   330 330       330    
Other comprehensive income (loss) 4,699   4,270 4,699 4,270       429  
Stock compensation (in shares)           174,000        
Stock compensation 10,657     10,657       7,256 3,401  
Cancellation of restricted shares (in shares)   (51,000)                
Cancellation of restricted shares $ (852)     (852)       (852)    
Balance, ending (in shares) at Sep. 30, 2022 91,083,837         91,084,000 9,290,000      
Balance, ending at Sep. 30, 2022 $ 1,362,062     1,362,062 4,279     1,129,584 190,276 37,923
Balance, beginning (in shares) at Jun. 30, 2022           91,063,000 9,290,000      
Balance, beginning at Jun. 30, 2022 1,467,173     1,467,173 1,941     1,226,783 199,806 38,643
Increase (Decrease) in Partners' Capital [Roll Forward]                    
Net income (loss) (105,902)     (105,902)       (101,218) (10,323) 5,639
Redeemable noncontrolling interests (4,955)     (4,955)       1,279 131 (6,365)
Change in noncontrolling interests in consolidated joint ventures 6     6           6
Redemption of common units     0              
Shares issued under Dividend Reinvestment and Stock Purchase Plan (4)     (4)       (4)    
Directors' deferred compensation plan, value 110   110 110       110    
Other comprehensive income (loss) 2,577   $ 2,338 2,577 2,338       239  
Stock compensation (in shares)           31,000        
Stock compensation 3,213     3,213       2,790 423  
Cancellation of restricted shares (in shares)           (10,000)        
Cancellation of restricted shares $ (156)     (156)       (156)    
Balance, ending (in shares) at Sep. 30, 2022 91,083,837         91,084,000 9,290,000      
Balance, ending at Sep. 30, 2022 $ 1,362,062     $ 1,362,062 $ 4,279     $ 1,129,584 $ 190,276 $ 37,923