Quarterly report pursuant to Section 13 or 15(d)

VERIS RESIDENTIAL, INC. STOCKHOLDERS??? EQUITY AND VERIS RESIDENTIAL, L.P.???S PARTNERS??? CAPITAL - Schedule of Earnings Per Share Tables - Basic Computation of EPS (Details)

v3.24.2
VERIS RESIDENTIAL, INC. STOCKHOLDERS’ EQUITY AND VERIS RESIDENTIAL, L.P.’S PARTNERS’ CAPITAL - Schedule of Earnings Per Share Tables - Basic Computation of EPS (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Stockholders Equity [Line Items]        
Income (loss) from continuing operations after income tax expense $ 1,316 $ (25,455) $ (4,953) $ (44,287)
Add (deduct): Noncontrolling interests in consolidated joint ventures 543 636 1,038 1,223
Add (deduct): Noncontrolling interests in Operating Partnership (153) 2,265 370 4,542
Add (deduct): Redeemable noncontrolling interests (81) (617) (378) (6,983)
Add (deduct): Redemption value adjustment of redeemable noncontrolling interests attributable to common shareholders 0 0 0 (4,516)
Income (loss) from continuing operations available to common shareholders 1,625 (23,171) (3,923) (50,021)
Income (loss) from discontinued operations available to common shareholders 1,297 (4,263) 2,942 (1,902)
Net income (loss) available to common shareholders for basic earnings per share $ 2,922 $ (27,434) $ (981) $ (51,923)
Weighted average common shares (in shares) 92,663 91,873 92,469 91,551
Income (loss) from continuing operations available to common shareholders (in dollars per share) $ 0.02 $ (0.25) $ (0.04) $ (0.54)
Income (loss)from discontinued operations available to common shareholders (in dollars per share) 0.01 (0.05) 0.03 (0.02)
Net loss available to common shareholders (in dollars per share) $ 0.03 $ (0.30) $ (0.01) $ (0.56)
VERIS RESIDENTIAL, L.P.        
Stockholders Equity [Line Items]        
Income (loss) from continuing operations after income tax expense $ 1,316 $ (25,455) $ (4,953) $ (44,287)
Add (deduct): Noncontrolling interests in consolidated joint ventures 543 636 1,038 1,223
Add (deduct): Redeemable noncontrolling interests (81) (617) (378) (6,983)
Add (deduct): Redemption value adjustment of redeemable noncontrolling interests attributable to common shareholders 0 0 0 (4,977)
Income (loss) from continuing operations available to common shareholders 1,778 (25,436) (4,293) (55,024)
Income (loss) from discontinued operations available to common shareholders 1,419 (4,680) 3,219 (2,078)
Net income (loss) available to common shareholders for basic earnings per share $ 3,197 $ (30,116) $ (1,074) $ (57,102)
Weighted average common units (in shares) 101,352 100,854 101,160 100,691
Income (loss) from continuing operations available to common shareholders (in dollars per share) $ 0.02 $ (0.25) $ (0.04) $ (0.54)
Income (loss)from discontinued operations available to common shareholders (in dollars per share) 0.01 (0.05) 0.03 (0.02)
Net loss available to common shareholders (in dollars per share) $ 0.03 $ (0.30) $ (0.01) $ (0.56)