Quarterly report pursuant to Section 13 or 15(d)

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

v3.24.3
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, 2022           91,142,000 9,301,000      
Balance, beginning at Dec. 31, 2022       $ 1,399,337 $ 3,977     $ 1,163,935 $ 193,882 $ 37,543
Increase (Decrease) in Partners' Capital [Roll Forward]                    
Net loss $ (106,615)     (106,615)       (102,214) (9,919) 5,518
Shares issued under ATM Program, net     $ 0              
Unit distributions (435)     (5,149)       (4,714) (435)  
Redeemable noncontrolling interests (12,310)     (12,310)       (4,516) (461) (7,333)
Change in noncontrolling interests in consolidated joint ventures (478)     (478)           (478)
Vested LTIP units (in shares)             221,000      
Redemption of limited partners common units for shares of general partner common units (in shares)           821,000 (821,000)      
Redemption of limited partners common units for shares of general partner common units 0             11,348 (11,348)  
Redemption of limited partners common units (in shares)             5,000      
Redemption of limited partners common units (94)   11,348 (94)         (94)  
Shares issued under Dividend Reinvestment and Stock Purchase Plan 3     3       3    
Directors' deferred compensation plan (in shares)           21,000        
Directors' deferred compensation plan 295   295 295       295    
Other comprehensive loss (123)   (111) (123) (111)       (12)  
Stock compensation (in shares)           268,000        
Stock compensation 16,705     16,705       16,218 487  
Cancellation of common and restricted shares (in shares)           (35,000)        
Cancellation of restricted shares (497)     (497)       (497)    
Balance, ending (in shares) at Sep. 30, 2023           92,217,000 8,696,000      
Balance, ending at Sep. 30, 2023       1,291,074 3,866     1,079,858 172,100 35,250
Balance, beginning (in shares) at Jun. 30, 2023           92,041,000 8,867,000      
Balance, beginning at Jun. 30, 2023       1,348,018 4,518     1,127,647 180,095 35,758
Increase (Decrease) in Partners' Capital [Roll Forward]                    
Net loss (60,250)     (60,250)       (54,807) (5,201) (242)
Shares issued under ATM Program, net     0              
Unit distributions (435)     (5,149)       (4,714) (435)  
Redeemable noncontrolling interests (350)     (350)           (350)
Change in noncontrolling interests in consolidated joint ventures 84     84           84
Redemption of limited partners common units for shares of general partner common units 0                  
Redemption of limited partners common units (in shares)           171,000 171,000      
Redemption of limited partners common units     2,297 0       2,297 (2,297)  
Shares issued under Dividend Reinvestment and Stock Purchase Plan 1     1       1    
Directors' deferred compensation plan 99   99 99       99    
Other comprehensive loss (714)   (652) (714) (652)       (62)  
Stock compensation (in shares)           9,000        
Stock compensation 9,366     9,366       9,366    
Cancellation of common and restricted shares (in shares)   (4,000)                
Cancellation of restricted shares $ (31)     (31)       (31)    
Balance, ending (in shares) at Sep. 30, 2023           92,217,000 8,696,000      
Balance, ending at Sep. 30, 2023       1,291,074 3,866     1,079,858 172,100 35,250
Balance, beginning (in shares) at Dec. 31, 2023 92,229,424         92,229,000 8,693,000      
Balance, beginning at Dec. 31, 2023       1,279,553 1,808     1,071,973 170,903 34,869
Increase (Decrease) in Partners' Capital [Roll Forward]                    
Net loss $ (12,641)     (12,641)       (10,673) (999) (969)
Shares issued under ATM Program, net (in shares)           134,000        
Shares issued under ATM Program, net 1,765   1,765         1,765    
Unit distributions (1,591)     (18,813)       (17,222) (1,591)  
Redeemable noncontrolling interests (459)     (459)           (459)
Change in noncontrolling interests in consolidated joint ventures (1,628)     (1,630)           (1,630)
Vested LTIP units (in shares)             1,000      
Redemption of limited partners common units for shares of general partner common units (in shares)           11,000 (11,000)      
Redemption of limited partners common units for shares of general partner common units $ 0     0       135 (135)  
Redemption of limited partners common units (in shares) 11,074                  
Redemption of limited partners common units     135              
Shares issued under Dividend Reinvestment and Stock Purchase Plan $ 6     6       6    
Directors' deferred compensation plan 296   296 296       296    
Other comprehensive loss (4,561)   (4,172) (4,561) (4,172)       (389)  
Stock compensation (in shares)           793,000        
Stock compensation 10,325     10,327       10,327    
Cancellation of common and restricted shares (in shares)           (267,000)        
Cancellation of restricted shares $ (3,998)     (3,998)       (3,998)    
Balance, ending (in shares) at Sep. 30, 2024 92,900,256         92,900,000 8,683,000      
Balance, ending at Sep. 30, 2024       1,249,845 (2,364)     1,052,609 167,789 31,811
Balance, beginning (in shares) at Jun. 30, 2024           92,822,000 8,685,000      
Balance, beginning at Jun. 30, 2024       1,271,072 2,040     1,066,602 169,741 32,689
Increase (Decrease) in Partners' Capital [Roll Forward]                    
Net loss $ (10,907)     (10,907)       (9,692) (906) (309)
Shares issued under ATM Program, net (66)   (66) (66)       (66)    
Unit distributions (613)     (7,241)       (6,628) (613)  
Redeemable noncontrolling interests (81)     (81)           (81)
Change in noncontrolling interests in consolidated joint ventures (486)     (488)           (488)
Redemption of limited partners common units for shares of general partner common units 0                  
Redemption of limited partners common units (in shares)           2,000 2,000      
Redemption of limited partners common units     22 0       22 (22)  
Shares issued under Dividend Reinvestment and Stock Purchase Plan 2     2       2    
Directors' deferred compensation plan 98   98 98       98    
Other comprehensive loss (4,815)   $ (4,404) (4,815) (4,404)       (411)  
Stock compensation (in shares)           118,000        
Stock compensation 2,926     2,928       2,928    
Cancellation of common and restricted shares (in shares)   (42,000)                
Cancellation of restricted shares $ (657)     (657)       (657)    
Balance, ending (in shares) at Sep. 30, 2024 92,900,256         92,900,000 8,683,000      
Balance, ending at Sep. 30, 2024       $ 1,249,845 $ (2,364)     $ 1,052,609 $ 167,789 $ 31,811