For the quarter ending 2025-09-30, VRE has $2,791,763K in assets. $1,510,632K in debts. $8,778K in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Land and leasehold interests | 438,018 | 442,566 | ||
| Buildings and improvements | 2,587,883 | 2,611,276 | ||
| Tenant improvements | 16,388 | 16,145 | ||
| Furniture, fixtures and equipment | 115,693 | 112,424 | ||
| Gross investment in rental property | 3,157,982 | 3,182,411 | ||
| Less accumulated depreciation and amortization | 495,698 | 475,073 | ||
| Total investment in rental property | 2,662,284 | 2,707,338 | ||
| Real estate held for sale, net | 0 | 288,575 | ||
| Net investment in rental property | 2,662,284 | 2,995,913 | ||
| Cash and cash equivalents | 8,778 | 11,438 | ||
| Restricted cash | 17,042 | 18,581 | ||
| Investments in unconsolidated joint ventures | 52,841 | 53,618 | ||
| Unbilled rents receivable, net | 3,302 | 3,252 | ||
| Deferred charges and other assets, net | 46,598 | 43,059 | ||
| Accounts receivable | 918 | 1,119 | ||
| Total assets | 2,791,763 | 3,126,980 | ||
| Revolving credit facility and term loans | 31,000 | 324,513 | ||
| Mortgages, loans payable and other obligations, net | 1,402,537 | 1,459,964 | ||
| Dividends and distributions payable | 8,587 | 8,529 | ||
| Accounts payable, accrued expenses and other liabilities | 51,795 | 50,262 | ||
| Liabilities held for sale, net | - | 40,862 | ||
| Rents received in advance and security deposits | 11,582 | 13,185 | ||
| Accrued interest payable | 5,131 | 5,806 | ||
| Total liabilities | 1,510,632 | 1,903,121 | ||
| Redeemable noncontrolling interests | 9,294 | 9,294 | ||
| Common stock, 0.01 par value, 190,000,000 shares authorized, 93,426,296 and 92,912,253 shares outstanding | 934 | 934 | ||
| Additional paid-in capital | 2,570,129 | 2,567,255 | ||
| Dividends in excess of net earnings | -1,413,515 | -1,481,156 | ||
| Accumulated other comprehensive income (loss) | -684 | -938 | ||
| Total veris residential, inc. stockholders equity | 1,156,864 | 1,086,095 | ||
| Operating partnership | 106,342 | 100,183 | ||
| Consolidated joint ventures | 8,631 | 28,287 | ||
| Total noncontrolling interests in subsidiaries | 114,973 | 128,470 | ||
| Total equity | 1,271,837 | 1,214,565 | ||
| Total liabilities and equity | 2,791,763 | 3,126,980 | ||
Veris Residential, Inc. (VRE)
Veris Residential, Inc. (VRE)