Company: VRE
Filing Date: 2025-04-23
Form Type: 10-Q
Source: 0000924901-25-000028
Chunk: 30

Company: Veris Residential, Inc.
Filing Date: 2025-04-23
Form: 10-Q
Item: Part I, Item 1
Chunk 30
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)$(13,730)$(4,469)Other comprehensive income (loss):Net unrealized (loss) gain on derivative instruments(1,104)1,092Comprehensive income (loss)$(14,834)$(3,377)Comprehensive loss (income) attributable to noncontrolling interests in consolidated joint ventures2,125495Comprehensive loss (income) attributable to redeemable noncontrolling interests(81)(297)Comprehensive loss (income) attributable to noncontrolling interests in Operating Partnership1,303274Comprehensive income (loss) attributable to common shareholders$(11,487)$(2,905)

The accompanying notes are an integral part of these consolidated financial statements.

8

Table of ContentsVERIS RESIDENTIAL, INC. AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (in thousands) (unaudited)

 Common StockAdditional Paid-In CapitalDividends in Excess of Net EarningsAccumulated Other Comprehensive Income (Loss)Noncontrolling Interests  in SubsidiariesTotal EquityFor the Three Months Ended March 31, 2025SharesPar ValueBalance at January 1, 202592,912 $929 $2,564,495 $(1,466,187)$154 $133,678 $1,233,069 Net income (loss)— — — (10,699)— (3,031)(13,730)Common stock dividends— — — (7,550)— — (7,550)Unit distributions— — — — — (690)(690)Redeemable noncontrolling interests— — — — — (81)(81)Change in noncontrolling interests in consolidated joint ventures— — — — — (88)(88)Redemption of common units for common stock43 — 509 — — (509)— Redemption of common units— — — — — (148)(148)Shares issued under Dividend Reinvestment and Stock Purchase Plan— — 2 — — — 2 Directors' deferred compensation plan— — 98 — — — 98 Stock compensation596 6 3,316 — — — 3,322 Cancellation of restricted shares(239)(2)(3,921)—