Company: VRE
Filing Date: 2025-07-23
Form Type: 10-Q
Source: 0000924901-25-000051
Chunk: 49

Company: Veris Residential, Inc.
Filing Date: 2025-07-23
Form: 10-Q
Item: Part I, Item 1
Chunk 49
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$169,741 $2,040 $32,689 $1,271,072 

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

15

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

For the Six Months Ended June 30, 2025General PartnerCommon UnitsLimited PartnerCommon Units/Vested LTIP UnitsCommon UnitholdersLimited PartnerCommonUnitholdersAccumulatedOtherComprehensiveIncome (Loss)NoncontrollingInterestin ConsolidatedJoint VenturesTotal EquityBalance at January 1, 202592,912 8,672 $1,035,795 $166,030 $154 $31,090 $1,233,069 Net income (loss)— — 205 20 — (2,112)(1,887)Unit distributions— — (15,174)(1,379)— — (16,553)Redeemable noncontrolling interests— — — — — (162)(162)Change in noncontrolling interests in consolidated joint ventures— — — — — (529)(529)Redemption of limited partners common units for shares of general partner common units46 (46)— — — — — Redemption of limited partner common units— (9)— (148)— — (148)Shares issued under Dividend Reinvestment and Stock Purchase Plan— — 3 — — — 3 Directors' deferred compensation plan— — 214 — — — 214 Stock compensation729 — 6,064 — — — 6,064 Cancellation of restricted shares(264)— (4,313)— — — (4,313)Other comprehensive loss— — — (101)(1,092)— (1,193)Balance at June 30, 202593,423 8,617 $1,022,794 $164,422 $(938)$28,287 $1,214,565 

For the Six Months Ended June 30, 2024General PartnerCommon UnitsLimited PartnerCommon Units/Vested LTIP UnitsCommon UnitholdersLimited PartnerCommonUnitholdersAccumulatedOther