Company: VRE
Filing Date: 2025-07-23
Form Type: 10-Q
Source: 0000924901-25-000051
Chunk: 50

Company: Veris Residential, Inc.
Filing Date: 2025-07-23
Form: 10-Q
Item: Part I, Item 1
Chunk 50
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ComprehensiveIncome (Loss)NoncontrollingInterestin ConsolidatedJoint VenturesTotal EquityBalance at January 1, 202492,229 8,693 $1,071,973 $170,903 $1,808 $34,869 $1,279,553 Net (loss) income— — (981)(93)— (660)(1,734)Shares issued under ATM Program, net134 1,831 1,831 Unit distributions— — (10,594)(978)— — (11,572)Redeemable noncontrolling interests— — — — — (378)(378)Change in noncontrolling interests in consolidated joint ventures— — — — — (1,142)(1,142)Vested LTIP units— 1 — — — — — Redemption of limited partners common units for shares of general partner common units9 (9)113 (113)— — — Shares issued under Dividend Reinvestment and Stock Purchase Plan— — 4 — — — 4 Directors' deferred compensation plan— — 198 — — — 198 Stock compensation675 — 7,399 — — — 7,399 Cancellation of restricted shares(225)— (3,341)— — — (3,341)Other comprehensive income— — — 22 232 — 254 Balance at June 30, 202492,822 8,685 $1,066,602 $169,741 $2,040 $32,689 $1,271,072 

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

16

Table of ContentsVERIS RESIDENTIAL, L.P. AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF CASH FLOWS (in thousands) (unaudited)

Six Months Ended June 30,CASH FLOWS FROM OPERATING ACTIVITIES20252024Net loss$(1,887)$(1,734)Net (income) loss from discontinued operations(109)(3,219)Net loss from continuing operations(1,996)(4,953)Adjustments to reconcile net loss to net cash provided byOperating activities:Depreciation and amortization, including related intangible assets