Company: VRE
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0000924901-25-000011
Chunk: 20

Company: Veris Residential, Inc.
Filing Date: 2025-02-24
Form: 10-K
Item: Item 16
Chunk 20
---
.29)$(1.31)$(0.68)Discontinued operations0.04 0.09 0.05 Net income (loss) available to common unitholders$(0.25)$(1.22)$(0.63)Basic weighted average units outstanding101,381 100,812 100,265 Diluted weighted average units outstanding101,381 100,812 100,265 

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

49

VERIS RESIDENTIAL, L.P. AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (in thousands)

Year Ended December 31,202420232022Net income (loss)$(26,664)$(112,361)$(34,885)Other comprehensive income (loss):Net unrealized (loss) gain on derivative instruments for interest rate caps(1,809)(2,375)4,366 Comprehensive income (loss)$(28,473)$(114,736)$(30,519)Comprehensive loss (income) attributable to noncontrolling interests in consolidated joint ventures1,924 2,319 3,079 Comprehensive loss (income) attributable to redeemable noncontrolling interests(540)(7,618)(25,534)Comprehensive income (loss) attributable to common unitholders$(27,089)$(120,035)$(52,974)

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

50

VERIS RESIDENTIAL, L.P. AND SUBSIDIARIESCONSOLIDATED STATEMENT OF CHANGES IN EQUITY (in thousands)

 General Partner Common UnitsLimited Partner Common Units/ Vested LTIP UnitsGeneral Partner Common Unitholders Limited Partner  Common UnitholdersAccumulated Other  Comprehensive Income (Loss) Noncontrolling Interest in Consolidated Joint VenturesTotal EquityBalance at January 1, 202290,948 9,013 $1,211,790 $197,236 $9 $40,383 $1,449,418 Net (loss) income —— (52,066)(5,274)— 22,455 (34,885)Units Distributions—— — 218 — — 218 Redeemable noncontrolling interests—— (5,475)(548)— (25,534)(31