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

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Cover
Financial Statements
Notes to Financial Statements
Accounting Policies
- SIGNIFICANT ACCOUNTING POLICIES (Policy)
Notes Tables
Notes Details

DEFERRED CHARGES AND OTHER ASSETS, NET - Narrative (Details)

v3.24.2

DEFERRED CHARGES AND OTHER ASSETS, NET - Narrative (Details)	6 Months Ended
	Jun. 30, 2024 USD ($) interestRateCap	Jul. 24, 2024 USD ($)	Jun. 28, 2024 USD ($)
Derivative Instruments, Gain (Loss) [Line Items]
Estimated additional amount to be reclassified to interest expense	$ 1,600,000
Interest Rate Caps
Derivative Instruments, Gain (Loss) [Line Items]
Notional value			$ 110,000,000
Derivative, cap interest rate			3.50%
Derivatives, net liability position	$ 0
Interest Rate Caps \| Subsequent Event \| Term Loan
Derivative Instruments, Gain (Loss) [Line Items]
Notional value		$ 55,000,000
Derivative, cap interest rate		3.50%
Designated as Hedging Instrument \| Cash Flow Hedging \| Interest Rate Caps
Derivative Instruments, Gain (Loss) [Line Items]
Number of interest rate derivatives outstanding \| interestRateCap	4
Notional value	$ 304,000,000.0

- Definition

The estimated net amount of existing gains or losses on cash flow hedges at the reporting date expected to be reclassified to earnings within the next 12 months.

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