Veris Residential, Inc. - 10-Q filing on 2021-05-06

Disclosure Of Fair Value Of Assets And Liabilities (Tables)

3 Months Ended

Mar. 31, 2021

Fair Value Disclosures [Line Items]

Schedule Of Valuation Techniques And Significant Unobservable Assumptions


		Primary Valuation		Unobservable		Location		Range of
Description		Techniques		Assumptions		Type		Rates
Office properties held for sale on which the Company recognized impairment losses or unrealized allowance reversals		Sale prices per purchase and sale agreements and discounted cash flows		Discount rates		Suburban		10%
				Exit Capitalization rates		Suburban		8.50%
				Market rental rates per square foot		Suburban		$34.50

Land holdings held for sale and held and used on which the Company recognized impairment losses		Developable area and market rate per square foot or sale prices per purchase and sale agreements		Market rates per square foot		Suburban		$12.00

Mack-Cali Realty LP [Member]

Fair Value Disclosures [Line Items]

Schedule Of Valuation Techniques And Significant Unobservable Assumptions


		Primary Valuation		Unobservable		Location		Range of
Description		Techniques		Assumptions		Type		Rates
Office properties held for sale on which the Company recognized impairment losses or unrealized allowance reversals		Sale prices per purchase and sale agreements and discounted cash flows		Discount rates		Suburban		10%
				Exit Capitalization rates		Suburban		8.50%
				Market rental rates per square foot		Suburban		$34.50

Land holdings held for sale and held and used on which the Company recognized impairment losses		Developable area and market rate per square foot or sale prices per purchase and sale agreements		Market rates per square foot		Suburban		$12.00