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 - Summary Of Unconsolidated Joint Ventures (Details)

INVESTMENTS IN UNCONSOLIDATED JOINT VENTURES - Summary Of Unconsolidated Joint Ventures (Details) $ in Thousands	1 Months Ended	3 Months Ended
	Jan. 31, 2024 USD ($) apartmentUnit floor	Mar. 31, 2024 USD ($) ft² apartmentUnit potentialApartmentUnit	Dec. 31, 2023 USD ($)
Schedule of Equity Method Investments [Line Items]
Carrying Value		$ 118,830	$ 117,954
Balance		561,303
Metropolitan and Lofts at 40 Park \| The Shops At 40 Park Property
Schedule of Equity Method Investments [Line Items]
Balance		$ 6,100
Residual ownership interest (as a percent)		25.00%
Area of property (in square feet) \| ft²		50,973
Metropolitan and Lofts at 40 Park \| The Shops At 40 Park Property \| Secured Overnight Financing Rate (SOFR)
Schedule of Equity Method Investments [Line Items]
Interest rate, variable (as a percent)		2.00%
Metropolitan and Lofts at 40 Park \| Lofts At 40 Park Property
Schedule of Equity Method Investments [Line Items]
Number of Apartment Units \| apartmentUnit	59
Balance	$ 17,200
Number of stories \| floor	5
Metropolitan and Lofts at 40 Park \| Metropolitan at 40 Park
Schedule of Equity Method Investments [Line Items]
Balance		$ 34,100
Metropolitan and Lofts at 40 Park \| Metropolitan at 40 Park \| Secured Overnight Financing Rate (SOFR)
Schedule of Equity Method Investments [Line Items]
Interest rate, variable (as a percent)		2.85%
Metropolitan and Lofts at 40 Park \| The Metropolitan at 40 Park
Schedule of Equity Method Investments [Line Items]
Number of Apartment Units \| apartmentUnit		130,000
Residual ownership interest (as a percent)		25.00%
PI North - Land
Schedule of Equity Method Investments [Line Items]
Number of Apartment Units \| apartmentUnit		829
Residual ownership interest (as a percent)		20.00%
Multifamily
Schedule of Equity Method Investments [Line Items]
Number of Apartment Units \| apartmentUnit		2,087
Multifamily \| Metropolitan and Lofts at 40 Park
Schedule of Equity Method Investments [Line Items]
Number of Apartment Units \| apartmentUnit		130
Carrying Value		$ 1,552	908
Balance		$ 40,167
Multifamily \| RiverTrace at Port Imperial
Schedule of Equity Method Investments [Line Items]
Number of Apartment Units \| apartmentUnit		316
Company's Effective Ownership Percentage		22.50%
Carrying Value		$ 4,306	4,506
Balance		$ 82,000
Interest rate, stated (as a percent)		3.21%
Multifamily \| The Capstone at Port Imperial
Schedule of Equity Method Investments [Line Items]
Number of Apartment Units \| apartmentUnit		360
Company's Effective Ownership Percentage		40.00%
Carrying Value		$ 22,518	21,361
Balance		$ 135,000
Multifamily \| The Capstone at Port Imperial \| Secured Overnight Financing Rate (SOFR)
Schedule of Equity Method Investments [Line Items]
Interest rate, variable (as a percent)		1.20%
Multifamily \| Riverpark at Harrison
Schedule of Equity Method Investments [Line Items]
Number of Apartment Units \| apartmentUnit		141
Company's Effective Ownership Percentage		45.00%
Carrying Value		$ 0	0
Balance		$ 30,192
Interest rate, stated (as a percent)		3.19%
Multifamily \| Station House
Schedule of Equity Method Investments [Line Items]
Number of Apartment Units \| apartmentUnit		378
Company's Effective Ownership Percentage		50.00%
Carrying Value		$ 31,985	32,022
Balance		$ 88,927
Interest rate, stated (as a percent)		4.82%
Multifamily \| Urby at Harborside
Schedule of Equity Method Investments [Line Items]
Number of Apartment Units \| apartmentUnit		762
Company's Effective Ownership Percentage		85.00%
Carrying Value		$ 56,372	57,060
Balance		$ 185,017
Interest rate, stated (as a percent)		5.20%
Multifamily \| PI North - Land
Schedule of Equity Method Investments [Line Items]
Number of Apartment Units \| potentialApartmentUnit		829
Company's Effective Ownership Percentage		20.00%
Carrying Value		$ 1,678	1,678
Balance		$ 0
Interest rate, stated (as a percent)		0.00%
Other \| Other
Schedule of Equity Method Investments [Line Items]
Carrying Value		$ 419	$ 419
Balance		$ 0
Interest rate, stated (as a percent)		0.00%
Unconsolidated Joint Venture Office Buildings \| Metropolitan and Lofts at 40 Park
Schedule of Equity Method Investments [Line Items]
Sale price	$ 30,300
Gain on sale of investments		$ 7,100