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VERIS RESIDENTIAL, INC. STOCKHOLDERS’ EQUITY AND VERIS RESIDENTIAL, L.P.’S PARTNERS’ CAPITAL (Tables)
 6 Months Ended
Jun. 30, 2024
Stockholders' Equity Note [Abstract]  
Schedule of General Partner Capital
The following table reflects the activity of the General Partner capital for the three and six months ended June 30, 2024 and 2023, respectively (dollars in thousands):
Three Months Ended
June 30,		Six Months Ended
June 30,
2024202320242023
Opening Balance $1,132,231$1,216,530$1,137,478$1,235,685
Net income (loss) available to common shareholders2,922 (27,434)(981)(47,407)
Shares issued under ATM Program, net1,886 — 1,831—
Common stock distributions(5,610)— (10,594)—
Redeemable noncontrolling interests— — — (4,516)
Redemption of common units for common stock113 4,192 113 9,051 
Shares issued under Dividend Reinvestment and Stock Purchase Plan3142
Directors' deferred compensation plan9986198196
Stock Compensation3,1993,3817,3996,852
Cancellation of common stock(1,807)(219)(3,341)(466)
Other comprehensive (loss) income (766)1,399232541
Rebalancing of ownership percent between parent and subsidiaries154(983)85(2,985)
Balance at June 30$1,132,424$1,196,953$1,132,424$1,196,953
Schedule of Reconciliation of Shares used in Basic EPS Calculation to Shares used in Diluted EPS Calculation
The following information presents the Company’s results for the three and six months ended June 30, 2024 and 2023 in accordance with ASC 260, Earnings Per Share (dollars in thousands, except per share amounts):
Veris Residential, Inc.:
Three Months Ended
June 30,		Six Months Ended
June 30,
Computation of Basic EPS2024202320242023
Income (loss) from continuing operations after income tax expense$1,316 $(25,455)$(4,953)$(44,287)
Add (deduct): Noncontrolling interests in consolidated joint ventures543 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— — — (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 shareholders1,297 (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 shares92,663 91,873 92,469 91,551 
Basic EPS:
Income (loss) from continuing operations available to common shareholders$0.02 $(0.25)$(0.04)$(0.54)
Income (loss) from discontinued operations available to common shareholders0.01 (0.05)0.03 (0.02)
Net income (loss) available to common shareholders$0.03 $(0.30)$(0.01)$(0.56)
Three Months Ended
June 30,		Six Months Ended
June 30,
Computation of Diluted EPS2024202320242023
Net income (loss) from continuing operations available to common shareholders$1,625 $(23,171)$(3,923)$(50,021)
Add (deduct): Noncontrolling interests in Operating Partnership153 (2,265)(370)(4,542)
Add (deduct): Redemption value adjustment of redeemable noncontrolling interests attributable to the Operating Partnership unitholders— — — (461)
Income (loss) from continuing operations for diluted earnings per share$1,778 $(25,436)$(4,293)$(55,024)
Income (loss) from discontinued operations for diluted earnings per share1,419 (4,680)3,219 (2,078)
Net income (loss) available for diluted earnings per share$3,197 $(30,116)$(1,074)$(57,102)
Weighted average common shares101,952 100,854 101,160 100,691 
Diluted EPS:
Income (loss) from continuing operations available to common shareholders$0.02 $(0.25)$(0.04)$(0.54)
Income (loss) from discontinued operations available to common shareholders0.01 (0.05)0.03 (0.02)
Net income (loss) available to common shareholders$0.03 $(0.30)$(0.01)$(0.56)
The following schedule reconciles the weighted average shares used in the basic EPS calculation to the shares used in the diluted EPS calculation (in thousands):
Three Months Ended
June 30,		Six Months Ended
June 30,
2024202320242023
Basic EPS shares92,663 91,873 92,469 91,551 
Add: Operating Partnership – common and vested LTIP units8,689 8,981 8,691 9,140 
Add: Dilutive effect of stock-based compensation awards600 — — — 
Diluted EPS Shares101,952 100,854 101,160 100,691 
Veris Residential, L.P.:
Three Months Ended
June 30,		Six Months Ended
June 30,
Computation of Basic EPU2024202320242023
Income (loss) from continuing operations after income tax expense$1,316 $(25,455)$(4,953)$(44,287)
Add (deduct): Noncontrolling interests in consolidated joint ventures543 636 1,038 1,223 
Add (deduct): Redeemable noncontrolling interests(81)(617)(378)(6,983)
Add (deduct): Redemption value adjustment of redeemable noncontrolling interests— — — (4,977)
Income (loss) from continuing operations available to unitholders$1,778 $(25,436)$(4,293)$(55,024)
Income (loss) from discontinued operations available to unitholders1,419 (4,680)3,219 (2,078)
Net income (loss) available to common unitholders for basic earnings per unit$3,197 $(30,116)$(1,074)$(57,102)
Weighted average common units101,352 100,854 101,160 100,691 
Basic EPU:
Income (loss) from continuing operations available to unitholders$0.02 $(0.25)$(0.04)$(0.54)
Income (loss) from discontinued operations available to unitholders0.01 (0.05)0.03 (0.02)
Net income (loss) available to common unitholders for basic earnings per unit$0.03 $(0.30)$(0.01)$(0.56)
Three Months Ended
June 30,		Six Months Ended
June 30,
Computation of Diluted EPU2024202320242023
Income (loss) from continuing operations available to common unitholders$1,778 $(25,436)$(4,293)$(55,024)
Income (loss) from discontinued operations for diluted earnings per unit1,419 (4,680)3,219 (2,078)
Net income (loss) available to common unitholders for diluted earnings per unit$3,197 $(30,116)$(1,074)$(57,102)
Weighted average common unit101,952 100,854 101,160 100,691 
Diluted EPU:
Income (loss) from continuing operations available to common unitholders$0.02 $(0.25)$(0.04)$(0.54)
Income (loss) from discontinued operations available to common unitholders0.01 (0.05)0.03 (0.02)
Net income (loss) available to common unitholders$0.03 $(0.30)$(0.01)$(0.56)
The following schedule reconciles the weighted average units used in the basic EPU calculation to the units used in the diluted EPU calculation (in thousands):
Three Months Ended
June 30,		Six Months Ended
June 30,
2024202320242023
Basic EPU units101,352 100,854 101,160 100,691 
Add: Dilutive effect of stock-based compensation awards600 — — — 
Diluted EPU Units101,952 100,854 101,160 100,691