For the quarter ending 2025-09-30, VRE had -$4,199K decrease in cash & cash equivalents over the period.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income (loss) from continuing operations | 77,544 | -1,996 |
| Depreciation and amortization, including related intangible assets | 21,072 | 43,718 |
| Gain on insurance proceeds | - | 0 |
| Amortization of deferred compensation stock units | 124 | 214 |
| Amortization of stock compensation | 3,031 | 5,982 |
| Amortization of deferred financing costs and derivative premiums | 2,096 | 5,431 |
| Equity in (earnings) loss of unconsolidated joint ventures | 340 | 4,368 |
| Realized (gains) losses and unrealized (gains) losses on disposition of rental property, net | 91,037 | -6,877 |
| (gain) loss on disposition of developable land | -1,118 | 36,410 |
| (gain) loss on sale of unconsolidated joint ventures | 0 | 5,122 |
| Land and other impairments, net | 0 | 15,667 |
| (gain) loss from extinguishment of debt | -3,212 | 0 |
| Decrease (increase) in unbilled rents receivable, net | 50 | 605 |
| Decrease (increase) in deferred charges and other assets | 5,160 | -2,979 |
| Decrease (increase) in accounts receivable, net | -62 | -257 |
| (decrease) increase in accounts payable, accrued expenses and other liabilities | -135 | 3,121 |
| (decrease) increase in rents received in advance and security deposits | -1,587 | 549 |
| (decrease) increase in accrued interest payable | -675 | 544 |
| Net cash flows provided by (used in) operating activities - continuing operations | 9,275 | 36,838 |
| Net cash flows provided by (used in) operating activities - discontinued operations | 4,240 | 145 |
| Net cash provided by (used in) operating activities | 13,515 | 36,983 |
| Rental property additions, improvements and other costs | 8,268 | 14,222 |
| Development of rental property and other related costs | 4,249 | 1,647 |
| Purchase of unconsolidated joint venture interest, net of cash acquired | 0 | 36,469 |
| Proceeds from the sales of developable land | 36,837 | 57,843 |
| Proceeds from insurance settlements | - | 0 |
| Proceeds from the sales of rental property | 340,148 | - |
| Proceeds from sale of investments in unconsolidated joint ventures | 0 | 7,129 |
| Repayment of notes receivable | 0 | 0 |
| Investment in unconsolidated joint ventures | 0 | 0 |
| Distributions in excess of cumulative earnings from unconsolidated joint ventures | 1,041 | 8,188 |
| Other investing activities | 0 | - |
| Net cash provided by (used in) investing activities - continuing operations | 365,509 | 20,822 |
| Net cash provided by (used in) investing activities - discontinued operations | 0 | 0 |
| Net cash provided by (used in) investing activities | 365,509 | 20,822 |
| Borrowings from revolving credit facility | 131,000 | 70,000 |
| Repayment of revolving credit facility | 227,000 | 95,000 |
| Borrowings from term loans | 0 | 0 |
| Repayments of term loans | 200,000 | - |
| Repayment of mortgages, loans payable and other obligations | 58,835 | 4,873 |
| Redemption of redeemable noncontrolling interests, net | 0 | 0 |
| Common unit redemptions | 308 | 148 |
| Payment of financing costs and derivative premiums, net | 934 | 517 |
| Contribution from noncontrolling interests | 108 | 117 |
| Distribution to noncontrolling interests | 18,857 | 646 |
| Distributions to redeemable noncontrolling interests | 81 | 162 |
| Payment of common dividends and distributions | 8,227 | 16,554 |
| Share issuance proceeds (costs), net | 0 | 0 |
| Payment for taxes related to the net share settlement of stock compensation awards | 89 | 4,313 |
| Net cash provided by (used in) financing activities | -383,223 | -52,096 |
| Net increase (decrease) in cash and cash equivalents | -4,199 | 5,709 |
| Cash and cash equivalents at beginning of period | 24,310 | - |
| Cash and cash equivalents at end of period | 25,820 | - |
Veris Residential, Inc. (VRE)
Veris Residential, Inc. (VRE)