VERIS RESIDENTIAL, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Thousands |
Total |
Common Stock |
Additional Paid-In Capital |
Dividends in Excess of Net Earnings |
Accumulated Other Comprehensive Income (Loss) |
Noncontrolling Interests in Subsidiaries |
| Balance, beginning (in shares) at Dec. 31, 2020 |
|
90,712,000
|
|
|
|
|
| Balance, beginning at Dec. 31, 2020 |
$ 1,592,380
|
$ 907
|
$ 2,528,187
|
$ (1,130,277)
|
$ 0
|
$ 193,563
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
| Net income (loss) |
(86,302)
|
|
|
(92,770)
|
|
6,468
|
| Unit distributions |
643
|
|
|
|
|
643
|
| Redeemable noncontrolling interests |
(24,805)
|
|
(4,903)
|
|
|
(19,902)
|
| Change in noncontrolling interests in consolidated joint ventures |
197
|
|
|
|
|
197
|
| Redemption of common units for common stock (in shares) |
|
175,000
|
|
|
|
|
| Redemption of common units for common stock |
0
|
$ 2
|
2,714
|
|
|
(2,716)
|
| Redemption of common units |
(11,164)
|
|
|
|
|
(11,164)
|
| Shares issued under Dividend Reinvestment and Stock Purchase Plan (in shares) |
|
2,000
|
|
|
|
|
| Shares issued under Dividend Reinvestment and Stock Purchase Plan |
33
|
|
33
|
|
|
|
| Directors' deferred compensation plan, value |
229
|
|
229
|
|
|
|
| Stock compensation (in shares) |
|
58,000
|
|
|
|
|
| Stock compensation |
7,979
|
|
3,517
|
|
|
4,462
|
| Cancellation of restricted shares |
(118)
|
|
(118)
|
|
|
|
| Other comprehensive income (loss) |
|
|
|
|
|
0
|
| Rebalancing of ownership percentage between parent and subsidiaries |
0
|
|
504
|
|
|
(504)
|
| Balance, ending (in shares) at Sep. 30, 2021 |
|
90,947,000
|
|
|
|
|
| Balance, ending at Sep. 30, 2021 |
1,479,072
|
$ 909
|
2,530,163
|
(1,223,047)
|
0
|
171,047
|
| Balance, beginning (in shares) at Jun. 30, 2021 |
|
90,947,000
|
|
|
|
|
| Balance, beginning at Jun. 30, 2021 |
1,510,333
|
$ 909
|
2,529,050
|
(1,194,733)
|
0
|
175,107
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
| Net income (loss) |
(25,792)
|
|
|
(28,314)
|
|
2,522
|
| Unit distributions |
|
|
|
|
|
0
|
| Redeemable noncontrolling interests |
(8,188)
|
|
(1,562)
|
|
|
(6,626)
|
| Change in noncontrolling interests in consolidated joint ventures |
12
|
|
|
|
|
12
|
| Redemption of common units for common stock |
|
|
|
|
|
0
|
| Redemption of common units |
(295)
|
|
|
|
|
(295)
|
| Shares issued under Dividend Reinvestment and Stock Purchase Plan |
4
|
|
4
|
|
|
|
| Directors' deferred compensation plan, value |
91
|
|
91
|
|
|
|
| Stock compensation |
2,907
|
|
1,632
|
|
|
1,275
|
| Other comprehensive income (loss) |
|
|
|
|
|
0
|
| Rebalancing of ownership percentage between parent and subsidiaries |
0
|
|
948
|
|
|
(948)
|
| Balance, ending (in shares) at Sep. 30, 2021 |
|
90,947,000
|
|
|
|
|
| Balance, ending at Sep. 30, 2021 |
$ 1,479,072
|
$ 909
|
2,530,163
|
(1,223,047)
|
0
|
171,047
|
| Balance, beginning (in shares) at Dec. 31, 2021 |
90,948,008
|
90,948,000
|
|
|
|
|
| Balance, beginning at Dec. 31, 2021 |
$ 1,449,418
|
$ 909
|
2,530,383
|
(1,249,319)
|
9
|
167,436
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
| Net income (loss) |
(75,779)
|
|
|
(83,937)
|
|
8,158
|
| Unit distributions |
218
|
|
|
|
|
218
|
| Redeemable noncontrolling interests |
(24,875)
|
|
(5,187)
|
|
|
(19,688)
|
| Change in noncontrolling interests in consolidated joint ventures |
24
|
|
|
|
|
24
|
| Redemption of common units for common stock (in shares) |
|
11,000
|
|
|
|
|
| Redemption of common units for common stock |
0
|
|
161
|
|
|
(161)
|
| Redemption of common units |
(1,801)
|
|
|
|
|
(1,801)
|
| Shares issued under Dividend Reinvestment and Stock Purchase Plan (in shares) |
|
2,000
|
|
|
|
|
| Shares issued under Dividend Reinvestment and Stock Purchase Plan |
23
|
|
23
|
|
|
|
| Directors' deferred compensation plan, value |
330
|
|
330
|
|
|
|
| Stock compensation (in shares) |
|
174,000
|
|
|
|
|
| Stock compensation |
10,657
|
$ 2
|
7,254
|
|
|
3,401
|
| Cancellation of restricted shares (in shares) |
|
(51,000)
|
|
|
|
|
| Cancellation of restricted shares |
(852)
|
|
(852)
|
|
|
|
| Other comprehensive income (loss) |
4,699
|
|
|
|
4,270
|
429
|
| Rebalancing of ownership percentage between parent and subsidiaries |
$ 0
|
|
(2,467)
|
|
|
2,467
|
| Balance, ending (in shares) at Sep. 30, 2022 |
91,083,837
|
91,084,000
|
|
|
|
|
| Balance, ending at Sep. 30, 2022 |
$ 1,362,062
|
$ 911
|
2,529,645
|
(1,333,256)
|
4,279
|
160,483
|
| Balance, beginning (in shares) at Jun. 30, 2022 |
|
91,063,000
|
|
|
|
|
| Balance, beginning at Jun. 30, 2022 |
1,467,173
|
$ 911
|
2,525,466
|
(1,232,038)
|
1,941
|
170,893
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
| Net income (loss) |
(105,902)
|
|
|
(101,218)
|
|
(4,684)
|
| Unit distributions |
|
|
|
|
|
0
|
| Redeemable noncontrolling interests |
(4,955)
|
|
1,279
|
|
|
(6,234)
|
| Change in noncontrolling interests in consolidated joint ventures |
6
|
|
|
|
|
6
|
| Redemption of common units for common stock |
|
|
|
|
|
0
|
| Redemption of common units |
|
|
|
|
|
0
|
| Shares issued under Dividend Reinvestment and Stock Purchase Plan |
(4)
|
|
(4)
|
|
|
|
| Directors' deferred compensation plan, value |
110
|
|
110
|
|
|
|
| Stock compensation (in shares) |
|
31,000
|
|
|
|
|
| Stock compensation |
3,213
|
|
2,790
|
|
|
423
|
| Cancellation of restricted shares (in shares) |
|
(10,000)
|
|
|
|
|
| Cancellation of restricted shares |
(156)
|
|
(156)
|
|
|
|
| Other comprehensive income (loss) |
2,577
|
|
|
|
2,338
|
239
|
| Rebalancing of ownership percentage between parent and subsidiaries |
$ 0
|
|
160
|
|
|
(160)
|
| Balance, ending (in shares) at Sep. 30, 2022 |
91,083,837
|
91,084,000
|
|
|
|
|
| Balance, ending at Sep. 30, 2022 |
$ 1,362,062
|
$ 911
|
$ 2,529,645
|
$ (1,333,256)
|
$ 4,279
|
$ 160,483
|