Company: VRE
Filing Date: 2025-07-23
Form Type: 10-Q
Source: 0000924901-25-000051
Chunk: 39

Company: Veris Residential, Inc.
Filing Date: 2025-07-23
Form: 10-Q
Item: Part I, Item 1
Chunk 39
---
 Other Comprehensive Income (Loss)Noncontrolling Interests in SubsidiariesTotal EquityFor the Three Months Ended June 30, 2024SharesPar ValueBalance at April 1, 202492,385 $924 $2,555,700 $(1,427,199)$2,806 $139,985 $1,272,216 Net income (loss)— — — 2,922 — (187)2,735 Shares issued under ATM Program, net134 1 1,885 — — — 1,886 Common stock dividends— — — (5,610)— — (5,610)Unit distributions— — — — — (521)(521)Redeemable noncontrolling interests— — — — — (81)(81)Change in noncontrolling interests in consolidated joint ventures— — — — (209)(209)Redemption of common units for common stock9 — 113 — — (113)— Shares issued under Dividend Reinvestment and Stock Purchase Plan— — 3 — — — 3 Directors' deferred compensation plan— — 99 — — — 99 Stock compensation417 4 3,195 — — — 3,199 Cancellation of restricted shares(123)(1)(1,806)— — — (1,807)Other comprehensive loss— — — — (766)(72)(838)Rebalancing of ownership percentage between parent and subsidiaries— — 154 — — (154)— Balance at June 30, 202492,822 $928 $2,559,343 $(1,429,887)$2,040 $138,648 $1,271,072 

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

9

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 Six Months Ended June 30, 202