Quarterly report [Sections 13 or 15(d)]

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

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VERIS RESIDENTIAL, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-In Capital
Dividends in Excess of Net Earnings
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interests in Subsidiaries
Balance, beginning (in shares) at Dec. 31, 2023   92,229,000        
Balance, beginning at Dec. 31, 2023 $ 1,279,553 $ 922 $ 2,553,060 $ (1,418,312) $ 1,808 $ 142,075
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) (12,641)     (10,673)   (1,968)
Shares issued under ATM Program, net (in shares)   134,000        
Shares issued under ATM Program, net 1,765 $ 1 1,764      
Common stock dividends (17,222)     (17,222)    
Unit distributions (1,591)         (1,591)
Redeemable noncontrolling interests (459)         (459)
Change in noncontrolling interests in consolidated joint ventures (1,628)         (1,628)
Redemption of common units for common stock (in shares)   11,000        
Redemption of common units for common stock 0   135     (135)
Redemption of common units 0         0
Shares issued under Dividend Reinvestment and Stock Purchase Plan 6   6      
Directors' deferred compensation plan 296   296      
Stock compensation (in shares)   793,000        
Stock compensation 10,325 $ 8 10,317      
Cancellation of restricted shares (in shares)   (267,000)        
Cancellation of restricted shares (3,998) $ (2) (3,996)      
Other comprehensive income (loss) (4,561)       (4,172) (389)
Rebalancing of ownership percentage between parent and subsidiaries 0   2     (2)
Balance, ending (in shares) at Sep. 30, 2024   92,900,000        
Balance, ending at Sep. 30, 2024 1,249,845 $ 929 2,561,584 (1,446,207) (2,364) 135,903
Balance, beginning (in shares) at Jun. 30, 2024   92,822,000        
Balance, beginning at Jun. 30, 2024 1,271,072 $ 928 2,559,343 (1,429,887) 2,040 138,648
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) (10,907)     (9,692)   (1,215)
Shares issued under ATM Program, net (66)   (66)      
Common stock dividends (6,628)     (6,628)    
Unit distributions (613)         (613)
Redeemable noncontrolling interests (81)         (81)
Change in noncontrolling interests in consolidated joint ventures (486)         (486)
Redemption of common units for common stock (in shares)   2,000        
Redemption of common units for common stock 0   22     (22)
Redemption of common units           0
Shares issued under Dividend Reinvestment and Stock Purchase Plan 2   2      
Directors' deferred compensation plan 98   98      
Stock compensation (in shares)   118,000        
Stock compensation 2,926 $ 1 2,925      
Cancellation of restricted shares (in shares)   (42,000)        
Cancellation of restricted shares (657)   (657)      
Other comprehensive income (loss) (4,815)       (4,404) (411)
Rebalancing of ownership percentage between parent and subsidiaries 0   (83)     83
Balance, ending (in shares) at Sep. 30, 2024   92,900,000        
Balance, ending at Sep. 30, 2024 $ 1,249,845 $ 929 2,561,584 (1,446,207) (2,364) 135,903
Balance, beginning (in shares) at Dec. 31, 2024 92,912,253 92,912,000        
Balance, beginning at Dec. 31, 2024 $ 1,233,069 $ 929 2,564,495 (1,466,187) 154 133,678
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) 79,439     75,442   3,997
Common stock dividends (22,770)     (22,770)    
Unit distributions (2,070)         (2,070)
Redeemable noncontrolling interests (243)         (243)
Change in noncontrolling interests in consolidated joint ventures (19,278)         (19,278)
Redemption of common units for common stock (in shares)   51,000        
Redemption of common units for common stock 0   609     (609)
Redemption of common units (456)         (456)
Shares issued under Dividend Reinvestment and Stock Purchase Plan 5   5      
Directors' deferred compensation plan 338   338      
Stock compensation (in shares)   732,000        
Stock compensation 9,121 $ 7 9,114      
Cancellation of restricted shares (in shares)   (269,000)        
Cancellation of restricted shares (4,402) $ (2) (4,400)      
Other comprehensive income (loss) (916)       (838) (78)
Rebalancing of ownership percentage between parent and subsidiaries $ 0   (32)     32
Balance, ending (in shares) at Sep. 30, 2025 93,426,296 93,426,000        
Balance, ending at Sep. 30, 2025 $ 1,271,837 $ 934 2,570,129 (1,413,515) (684) 114,973
Balance, beginning (in shares) at Jun. 30, 2025   93,423,000        
Balance, beginning at Jun. 30, 2025 1,214,565 $ 934 2,567,255 (1,481,156) (938) 128,470
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) 81,326     75,237   6,089
Common stock dividends (7,596)     (7,596)    
Unit distributions (691)         (691)
Redeemable noncontrolling interests (81)         (81)
Change in noncontrolling interests in consolidated joint ventures (18,749)         (18,749)
Redemption of common units for common stock (in shares)   5,000        
Redemption of common units for common stock 0   70     (70)
Redemption of common units (308)         (308)
Shares issued under Dividend Reinvestment and Stock Purchase Plan 2   2      
Directors' deferred compensation plan 124   124      
Stock compensation (in shares)   3,000        
Stock compensation 3,057   3,057      
Cancellation of restricted shares (in shares)   (5,000)        
Cancellation of restricted shares (89)   (89)      
Other comprehensive income (loss) 277       254 23
Rebalancing of ownership percentage between parent and subsidiaries $ 0   (290)     290
Balance, ending (in shares) at Sep. 30, 2025 93,426,296 93,426,000        
Balance, ending at Sep. 30, 2025 $ 1,271,837 $ 934 $ 2,570,129 $ (1,413,515) $ (684) $ 114,973