| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Land and leasehold interests | 376,710 | 376,710 | 438,018 | 442,566 |
| Buildings and improvements | 2,586,369 | 2,584,333 | 2,587,883 | 2,611,276 |
| Tenant improvements | 17,438 | 16,745 | 16,388 | 16,145 |
| Furniture, fixtures and equipment | 120,408 | 118,797 | 115,693 | 112,424 |
| Gross investment in rental property | 3,100,925 | 3,096,585 | 3,157,982 | 3,182,411 |
| Less accumulated depreciation and amortization | 537,316 | 516,404 | 495,698 | 475,073 |
| Total investment in rental property | NaN | 2,580,181 | 2,662,284 | 2,707,338 |
| Real estate held for sale, net | NaN | 0 | 0 | 288,575 |
| Net investment in rental property | 2,563,609 | 2,580,181 | 2,662,284 | 2,995,913 |
| Cash and cash equivalents | 9,415 | 14,128 | 8,778 | 11,438 |
| Restricted cash | 13,687 | 15,232 | 17,042 | 18,581 |
| Investments in unconsolidated joint ventures | 51,925 | 52,188 | 52,841 | 53,618 |
| Unbilled rents receivable, net | 3,505 | 3,643 | 3,302 | 3,252 |
| Deferred charges and other assets, net | 36,241 | 40,588 | 46,598 | 43,059 |
| Accounts receivable | 1,303 | 911 | 918 | 1,119 |
| Total assets | 2,679,685 | 2,706,871 | 2,791,763 | 3,126,980 |
| Revolving credit facility and term loans | 124,000 | 30,000 | 31,000 | 324,513 |
| Mortgages, loans payable and other obligations, net | 1,237,339 | 1,332,158 | 1,402,537 | 1,459,964 |
| Liabilities held for sale, net | NaN | NaN | NaN | 40,862 |
| Dividends and distributions payable | 8,638 | 8,697 | 8,587 | 8,529 |
| Accounts payable, accrued expenses and other liabilities | 44,045 | 44,610 | 51,795 | 50,262 |
| Rents received in advance and security deposits | 11,809 | 11,419 | 11,582 | 13,185 |
| Accrued interest payable | 5,058 | 5,031 | 5,131 | 5,806 |
| Total liabilities | 1,430,889 | 1,431,915 | 1,510,632 | 1,903,121 |
| Redeemable noncontrolling interests | 9,294 | 9,294 | 9,294 | 9,294 |
| Common stock, 0.01 par value, 190,000,000 shares authorized, 93,838,017 and 93,432,649 shares outstanding | 938 | 934 | 934 | 934 |
| Additional paid-in capital | 2,571,857 | 2,572,743 | 2,570,129 | 2,567,255 |
| Dividends in excess of net earnings | -1,443,045 | -1,421,369 | -1,413,515 | -1,481,156 |
| Accumulated other comprehensive income (loss) | -257 | -687 | -684 | -938 |
| Total veris residential, inc. stockholders equity | 1,129,493 | 1,151,621 | 1,156,864 | 1,086,095 |
| Operating partnership | 102,473 | 105,849 | 106,342 | 100,183 |
| Consolidated joint ventures | 7,536 | 8,192 | 8,631 | 28,287 |
| Total noncontrolling interests in subsidiaries | 110,009 | 114,041 | 114,973 | 128,470 |
| Total equity | 1,239,502 | 1,265,662 | 1,271,837 | 1,214,565 |
| Total liabilities and equity | 2,679,685 | 2,706,871 | 2,791,763 | 3,126,980 |
Veris Residential, Inc. (VRE)
Veris Residential, Inc. (VRE)