Company: VRE
Filing Date: 2025-10-22
Form Type: 10-Q
Source: 0001628280-25-045884
Chunk: 50

Company: Veris Residential, Inc.
Filing Date: 2025-10-22
Form: 10-Q
Item: Part I, Item 1
Chunk 50
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 $1,052,609 $167,789 $(2,364)$31,811 $1,249,845 

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)

Nine Months Ended September 30,CASH FLOWS FROM OPERATING ACTIVITIES20252024Net loss$79,439 $(12,641)Net (income) loss from discontinued operations(3,891)(3,425)Net loss from continuing operations75,548 (16,066)Adjustments to reconcile net loss to net cash provided byOperating activities:Depreciation and amortization, including related intangible assets64,790 61,567 Amortization of deferred compensation stock units338 296 Amortization of stock compensation9,013 10,256 Amortization of deferred financing costs and derivative premiums7,527 7,506 Equity in (earnings) loss of unconsolidated joint ventures(4,708)(2,919)Realized (gains) losses and unrealized (gains) losses on disposition of rental property, net(84,160)— Gain (loss) on disposition of developable land(35,292)(11,515)(Gain) loss on sale of unconsolidated joint ventures(5,122)(7,100)Land and other impairments, net15,667 2,619 (Gain) loss from extinguishment of debt3,212 777 Changes in operating assets and liabilities:Decrease (increase) in unbilled rents receivable, net(655)(646)Decrease (increase) in deferred charges and other assets(2,181)3,581 Decrease (increase) in accounts receivable, net319 (508)(Decrease) increase in accounts payable, accrued expenses and other liabilities2,986 (5,126)(Decrease) increase in rents received in advance and security deposits(1,038)(845)(Decrease) increase in accrued interest payable(131)(1,764)Net cash flows provided by (used in) operating activities - continuing operations46,113 40,113 Net cash flows provided by (used in) operating activities - discontinued operations4,385 355 Net cash provided by (used in