Veris Residential, Inc. - 10-Q filing on 2023-04-26

REDEEMABLE NONCONTROLLING INTERESTS - Narrative (Details)									1 Months Ended	3 Months Ended		6 Months Ended	12 Months Ended
	Apr. 05, 2023	Jun. 30, 2019 USD ($)	Jun. 28, 2019 USD ($)	Jun. 26, 2019 USD ($) property trustee	Mar. 10, 2017 USD ($)	Feb. 28, 2017 USD ($) $ / shares shares	Feb. 27, 2017 USD ($)	Feb. 03, 2017 USD ($) $ / shares shares	Jun. 30, 2019 USD ($)	Mar. 31, 2023 USD ($) $ / shares	Mar. 31, 2022 USD ($) $ / shares shares	Jun. 30, 2019 USD ($)	Dec. 31, 2019 USD ($)	Jun. 25, 2019 trustee	Apr. 30, 2017 shares
Redeemable Noncontrolling Interest [Line Items]
Payment for borrowings										$ 16,000,000	$ 88,000,000
General and administrative										10,286,000	19,451,000
Current preferred return payments										2,000,000
Rockpoint \| Designated By Rockpoint
Redeemable Noncontrolling Interest [Line Items]
Number of board members \| trustee				2
RRT
Redeemable Noncontrolling Interest [Line Items]
Number of board members \| trustee				7										6
RRT \| Designated By Veris
Redeemable Noncontrolling Interest [Line Items]
Number of board members \| trustee				5
VERIS RESIDENTIAL, L.P.
Redeemable Noncontrolling Interest [Line Items]
Payment for borrowings										16,000,000	88,000,000
General and administrative										$ 10,286,000	$ 19,451,000
Common unit distribution per unit declared (in dollars per share) \| $ / shares										$ 0	$ 0
Series A Units
Redeemable Noncontrolling Interest [Line Items]
Stock redeemed or called (in shares) \| shares											12,000
Series A Units \| VERIS RESIDENTIAL, L.P.
Redeemable Noncontrolling Interest [Line Items]
Preferred units shares issued (in shares) \| shares								42,800
Preferred unit annual rate								3.50%
Preferred unit in operating partnership								$ 1,000
Convertible preferred units ratio								28.15
Expiration period								5 years
Shares that may be converted to common units (in shares) \| shares								1,204,820
Common unit distribution per unit declared (in dollars per share) \| $ / shares								$ 35.52
Series A Units \| VERIS RESIDENTIAL, L.P. \| The Joint Venture
Redeemable Noncontrolling Interest [Line Items]
Percentage of interest in venture								37.50%
Series A-1 Units \| VERIS RESIDENTIAL, L.P.
Redeemable Noncontrolling Interest [Line Items]
Preferred units shares issued (in shares) \| shares						9,213									91
Preferred unit annual rate						3.50%
Preferred unit in operating partnership						$ 1,000
Convertible preferred units ratio						27.936
Expiration period						5 years				5 years
Shares that may be converted to common units (in shares) \| shares						257,375
Common unit distribution per unit declared (in dollars per share) \| $ / shares						$ 35.80
Series A-1 Units \| VERIS RESIDENTIAL, L.P. \| The Joint Venture
Redeemable Noncontrolling Interest [Line Items]
Percentage of interest in venture						13.80%
Series A-1 Units \| VERIS RESIDENTIAL, L.P. \| Monaco (BLVD 495 N/S)
Redeemable Noncontrolling Interest [Line Items]
Preferred units shares issued (in shares) \| shares						9,122
Investment Agreement \| Minimum
Redeemable Noncontrolling Interest [Line Items]
Incremental closing payments, limited partnership interest												$ 105,000,000
RRLP \| Cash Flow From Operations
Redeemable Noncontrolling Interest [Line Items]
Annual return on the equity value										6.00%
RRLP \| Investment Agreement \| Cash Flow From Capital Events, Distribution Four
Redeemable Noncontrolling Interest [Line Items]
Base return										5.00%
RRLP \| Credit Enhancement Note
Redeemable Noncontrolling Interest [Line Items]
Variable interest rate										0.50%
Borrowing capacity under the credit facility										$ 50,000,000
Increased line of credit										25,000,000
Rockpoint \| Rockpoint
Redeemable Noncontrolling Interest [Line Items]
Redemption restriction period			90 days
Estimated redemption value										$ 480,000,000
Rockpoint \| Rockpoint \| Subsequent Event
Redeemable Noncontrolling Interest [Line Items]
Redemption restriction period	90 days
Issuance period following conversion election	30 days
Rockpoint \| Rockpoint \| Cash Flow From Operations
Redeemable Noncontrolling Interest [Line Items]
Base return										4.64%
Rockpoint \| Rockpoint \| Cash Flow From Capital Events, Distribution Five
Redeemable Noncontrolling Interest [Line Items]
Invested capital										$ 400,000,000
Rockpoint \| Rockpoint \| Cash Flow From Capital Events, Distribution Six
Redeemable Noncontrolling Interest [Line Items]
Invested capital										$ 400,000,000
Rockpoint \| Rockpoint \| Distribution One
Redeemable Noncontrolling Interest [Line Items]
Purchase price			$ 173,500,000
Purchase price, less distributions			198,500,000
Rockpoint \| Rockpoint \| Distribution Two
Redeemable Noncontrolling Interest [Line Items]
Purchase price, less distributions			$ 1,500,000
Rockpoint \| Preferred Units \| Rockpoint
Redeemable Noncontrolling Interest [Line Items]
Pro rata distribution										10.947%
Rockpoint \| Preferred Units \| Rockpoint \| Cash Flow From Capital Events, Distribution Five
Redeemable Noncontrolling Interest [Line Items]
Pro rata distribution										21.89%
Rockpoint \| Investment Agreement \| Maximum
Redeemable Noncontrolling Interest [Line Items]
Contributed amount to obtain equity units							$ 300,000,000
Rockpoint \| Investment Agreement \| Rockpoint
Redeemable Noncontrolling Interest [Line Items]
Incremental closing payments, limited partnership interest				$ 46,000,000	$ 150,000,000								$ 45,000,000
Contributed equity value					$ 1,230,000,000
Rockpoint \| Investment Agreement \| Rockpoint \| Maximum
Redeemable Noncontrolling Interest [Line Items]
Contributed amount to obtain equity units									$ 300,000,000
Rockpoint \| Add On Investment Agreement \| Rockpoint
Redeemable Noncontrolling Interest [Line Items]
Contributed amount to obtain equity units				$ 100,000,000
Number of properties in which additional interest was acquired during period \| property				2
Payment for borrowings		$ 100,000,000
Right of first refusal to invest		100,000,000
General and administrative													$ 371,000
Rockpoint \| Add On Investment Agreement \| Rockpoint \| Maximum
Redeemable Noncontrolling Interest [Line Items]
Contributed amount to obtain equity units		$ 154,000,000
Rockpoint \| RRLP \| Cash Flow From Operations
Redeemable Noncontrolling Interest [Line Items]
Invested capital										$ 400,000,000
Rockpoint \| RRLP \| Cash Flow From Capital Events, Distribution Four
Redeemable Noncontrolling Interest [Line Items]
Base return										4.64%
Rockpoint \| RRLP \| Rockpoint \| Cash Flow From Capital Events, Distribution Three
Redeemable Noncontrolling Interest [Line Items]
Base return										4.64%
Rockpoint \| RRLP \| Rockpoint \| Cash Flow From Capital Events, Distribution Five
Redeemable Noncontrolling Interest [Line Items]
Internal rate of return										11.00%
Rockpoint \| RRLP \| Rockpoint \| Cash Flow From Capital Events, Distribution Six
Redeemable Noncontrolling Interest [Line Items]
Pro rata share										50.00%
Rockpoint \| RRLP \| RRT \| Cash Flow From Operations
Redeemable Noncontrolling Interest [Line Items]
Annual return on the equity value										6.00%
Rockpoint \| RRLP \| Preferred Units \| Cash Flow From Operations
Redeemable Noncontrolling Interest [Line Items]
Pro rata distribution										21.89%
Rockpoint \| RRLP \| Investment Agreement \| Rockpoint \| Cash Flow From Operations
Redeemable Noncontrolling Interest [Line Items]
Base return										5.00%
Rockpoint \| RRLP \| Investment Agreement \| Rockpoint \| Cash Flow From Capital Events, Distribution Three
Redeemable Noncontrolling Interest [Line Items]
Base return										95.00%
RRT \| Preferred Units \| RRT \| Cash Flow From Operations
Redeemable Noncontrolling Interest [Line Items]
Pro rata distribution										2.65%
RRT \| Preferred Units \| RRT \| Cash Flow From Capital Events, Distribution Five
Redeemable Noncontrolling Interest [Line Items]
Pro rata distribution										2.65%
RRT \| Preferred Units \| RRT \| Cash Flow From Capital Events, Distribution Six
Redeemable Noncontrolling Interest [Line Items]
Pro rata distribution										1.325%
RRT \| Common Unit \| RRT \| Cash Flow From Operations
Redeemable Noncontrolling Interest [Line Items]
Pro rata distribution										75.46%
RRT \| Common Unit \| RRT \| Cash Flow From Capital Events, Distribution Five
Redeemable Noncontrolling Interest [Line Items]
Pro rata distribution										75.46%
RRT \| Common Unit \| RRT \| Cash Flow From Capital Events, Distribution Six
Redeemable Noncontrolling Interest [Line Items]
Pro rata distribution										87.728%
RRT \| RRLP \| Cash Flow From Capital Events, Distribution Four
Redeemable Noncontrolling Interest [Line Items]
Base return										95.36%
RRT \| RRLP \| RRT
Redeemable Noncontrolling Interest [Line Items]
Loan-to-value ratio				65.00%
Equity capitalization percent				10.00%
RRT \| RRLP \| RRT \| Cash Flow From Operations
Redeemable Noncontrolling Interest [Line Items]
Annual return on the equity value										95.36%
RRT \| RRLP \| RRT \| Cash Flow From Capital Events
Redeemable Noncontrolling Interest [Line Items]
Base return										95.36%
RRT \| RRLP \| Investment Agreement \| Cash Flow From Capital Events, Distribution Four
Redeemable Noncontrolling Interest [Line Items]
Base return										95.00%
RRT \| RRLP \| Investment Agreement \| RRT \| Cash Flow From Operations
Redeemable Noncontrolling Interest [Line Items]
Annual return on the equity value										95.00%
RRT \| RRLP \| Investment Agreement \| RRT \| Cash Flow From Capital Events, Distribution Three
Redeemable Noncontrolling Interest [Line Items]
Base return										5.00%