Company: VRE
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0000924901-25-000011
Chunk: 99

Company: Veris Residential, Inc.
Filing Date: 2025-02-24
Form: 10-K
Item: Item 8
Chunk 99
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946)— — (Gain) loss from extinguishment of debt777 5,606 129 Gain on insurance proceeds— (2,871)— Interest cost of mandatorily redeemable noncontrolling interests— 49,782 — Changes in operating assets and liabilities:Decrease (Increase) in unbilled rents receivable, net(695)1,755 3,078 Decrease (Increase) in deferred charges and other assets5,030 3,075 (4,695)Decrease (Increase) in accounts receivable, net165 (62)(36)(Decrease) Increase in accounts payable, accrued expenses and other liabilities(5,487)(4,114)1,921 (Decrease) Increase in rents received in advance and security deposits(326)633 3,131 (Decrease) Increase in accrued interest payable(1,318)42 2,152 Net cash flows provided by (used in) operating activities - continuing operations54,293 42,485 13,676 Net cash flows provided by (used in) operating activities - discontinued operations(1,965)3,055 52,778 Net cash provided by (used in) operating activities$52,328 $45,540 $66,454 CASH FLOWS FROM INVESTING ACTIVITIESRental property acquisitions and related intangibles$— $— $(130,500)Rental property additions and improvements(18,369)(12,400)(16,619)Development of rental property and other related costs(6,143)(8,395)(45,817)Proceeds from the sales of rental property and developable land88,962 23,035 153,015 Proceeds from the sale of investments in unconsolidated joint ventures6,095 — — Repayment of notes receivable32 1,303 2,926 Investment in unconsolidated joint ventures(276)(762)(162)Distributions in excess of cumulative earnings from unconsolidated joint ventures12,419 12,068 13,132 Proceeds from insurance settlements— 3,812 — Other investing activities250 1,030 — Net cash provided by (used in) investing activities - continuing operations82,970 19,691 (24,025)Net cash provided by (used in) investing activities - discontinued operations