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, 2023 |
|
|
|
|
|
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 income (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
|
|
|
|
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 |
0
|
|
135
|
|
|
|
|
|
|
|
| Shares issued under Dividend Reinvestment and Stock Purchase Plan |
6
|
|
|
6
|
|
|
|
6
|
|
|
| Directors' deferred compensation plan |
296
|
|
296
|
296
|
|
|
|
296
|
|
|
| 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)
|
|
|
| Other comprehensive income (loss) |
(4,561)
|
|
(4,172)
|
(4,561)
|
(4,172)
|
|
|
|
(389)
|
|
| Balance, ending (in shares) at Sep. 30, 2024 |
|
|
|
|
|
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 income (loss) |
(10,907)
|
|
|
(10,907)
|
|
|
|
(9,692)
|
(906)
|
(309)
|
| Shares issued under ATM Program, net (in shares) |
|
|
|
|
|
0
|
|
|
|
|
| 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 partner 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
|
|
|
| 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)
|
|
|
| Other comprehensive income (loss) |
$ (4,815)
|
|
(4,404)
|
(4,815)
|
(4,404)
|
|
|
|
(411)
|
|
| Balance, ending (in shares) at Sep. 30, 2024 |
|
|
|
|
|
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 Dec. 31, 2024 |
92,912,253
|
|
|
|
|
92,912,000
|
8,672,000
|
|
|
|
| Balance, beginning at Dec. 31, 2024 |
|
|
|
1,233,069
|
154
|
|
|
1,035,795
|
166,030
|
31,090
|
| Increase (Decrease) in Partners' Capital [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
| Net income (loss) |
$ 79,439
|
|
|
79,439
|
|
|
|
75,442
|
6,935
|
(2,938)
|
| Shares issued under ATM Program, net |
|
|
0
|
|
|
|
|
|
|
|
| Unit distributions |
(2,070)
|
|
|
(24,840)
|
|
|
|
(22,770)
|
(2,070)
|
|
| Redeemable noncontrolling interests |
(243)
|
|
|
(243)
|
|
|
|
|
|
(243)
|
| Change in noncontrolling interests in consolidated joint ventures |
(19,278)
|
|
|
(19,278)
|
|
|
|
|
|
(19,278)
|
| Redemption of limited partners common units for shares of general partner common units (in shares) |
|
|
|
|
|
51,000
|
(51,000)
|
|
|
|
| Redemption of limited partners common units for shares of general partner common units |
$ 0
|
|
|
0
|
|
|
|
609
|
(609)
|
|
| Redemption of limited partner common units (in shares) |
(50,530)
|
|
|
|
|
|
(30,000)
|
|
|
|
| Redemption of limited partners common units |
$ (456)
|
|
609
|
|
|
|
|
|
(456)
|
|
| Shares issued under Dividend Reinvestment and Stock Purchase Plan |
5
|
|
|
5
|
|
|
|
5
|
|
|
| Directors' deferred compensation plan |
338
|
|
338
|
338
|
|
|
|
338
|
|
|
| Stock compensation (in shares) |
|
|
|
|
|
732,000
|
|
|
|
|
| Stock compensation |
9,121
|
|
|
9,121
|
|
|
|
9,121
|
|
|
| Cancellation of common and restricted shares (in shares) |
|
(269,000)
|
|
|
|
|
|
|
|
|
| Cancellation of restricted shares |
(4,402)
|
|
|
(4,402)
|
|
|
|
(4,402)
|
|
|
| Other comprehensive income (loss) |
$ (916)
|
|
(838)
|
(916)
|
(838)
|
|
|
|
(78)
|
|
| Balance, ending (in shares) at Sep. 30, 2025 |
93,426,296
|
|
|
|
|
93,426,000
|
8,591,000
|
|
|
|
| Balance, ending at Sep. 30, 2025 |
|
|
|
1,271,837
|
(684)
|
|
|
1,094,138
|
169,752
|
8,631
|
| Balance, beginning (in shares) at Jun. 30, 2025 |
|
|
|
|
|
93,423,000
|
8,617,000
|
|
|
|
| Balance, beginning at Jun. 30, 2025 |
|
|
|
1,214,565
|
(938)
|
|
|
1,022,794
|
164,422
|
28,287
|
| Increase (Decrease) in Partners' Capital [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
| Net income (loss) |
$ 81,326
|
|
|
81,326
|
|
|
|
75,237
|
6,915
|
(826)
|
| Shares issued under ATM Program, net |
|
|
0
|
0
|
|
|
|
|
|
|
| Unit distributions |
(691)
|
|
|
(8,287)
|
|
|
|
(7,596)
|
(691)
|
|
| Redeemable noncontrolling interests |
(81)
|
|
|
(81)
|
|
|
|
|
|
(81)
|
| Change in noncontrolling interests in consolidated joint ventures |
(18,749)
|
|
|
(18,749)
|
|
|
|
|
|
(18,749)
|
| Redemption of limited partners common units for shares of general partner common units (in shares) |
|
|
|
|
|
5,000
|
(5,000)
|
|
|
|
| Redemption of limited partners common units for shares of general partner common units |
$ 0
|
|
|
0
|
|
|
|
609
|
(609)
|
|
| Redemption of limited partner common units (in shares) |
(4,917)
|
|
|
|
|
|
(21,000)
|
|
|
|
| Redemption of limited partners common units |
$ (308)
|
|
70
|
(308)
|
|
|
|
|
(308)
|
|
| Shares issued under Dividend Reinvestment and Stock Purchase Plan |
2
|
|
|
2
|
|
|
|
2
|
|
|
| Directors' deferred compensation plan |
124
|
|
124
|
124
|
|
|
|
124
|
|
|
| Stock compensation (in shares) |
|
|
|
|
|
3,000
|
|
|
|
|
| Stock compensation |
3,057
|
|
|
3,057
|
|
|
|
3,057
|
|
|
| Cancellation of common and restricted shares (in shares) |
|
(5,000)
|
|
|
|
|
|
|
|
|
| Cancellation of restricted shares |
(89)
|
|
|
(89)
|
|
|
|
(89)
|
|
|
| Other comprehensive income (loss) |
$ 277
|
|
$ 254
|
277
|
254
|
|
|
|
23
|
|
| Balance, ending (in shares) at Sep. 30, 2025 |
93,426,296
|
|
|
|
|
93,426,000
|
8,591,000
|
|
|
|
| Balance, ending at Sep. 30, 2025 |
|
|
|
$ 1,271,837
|
$ (684)
|
|
|
$ 1,094,138
|
$ 169,752
|
$ 8,631
|