Company: VRE
Filing Date: 2025-07-23
Form Type: 10-Q
Source: 0000924901-25-000051
Chunk: 46

Company: Veris Residential, Inc.
Filing Date: 2025-07-23
Form: 10-Q
Item: Part I, Item 1
Chunk 46
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 7,100 Gain (loss) from extinguishment of debt, net— (785)— (785)Other income (expense), net528 (250)423 5 Total other (expense) income, net11,331 (7,511)(8,023)(20,080)Income (loss) from continuing operations before income tax expense11,963 1,492 (1,861)(4,718)Provision for income taxes(93)(176)(135)(235)Income (loss) from continuing operations after income tax expense11,870 1,316 (1,996)(4,953)Discontinued operations:Income (loss) from discontinued operations(27)1,419 109 1,671 Realized gains (losses) and unrealized gains (losses) on disposition of rental property and impairments, net— — — 1,548 Total discontinued operations, net(27)1,419 109 3,219 Net income (loss)11,843 2,735 (1,887)(1,734)Noncontrolling interests in consolidated joint ventures149 543 2,274 1,038 Redeemable noncontrolling interests(81)(81)(162)(378)Net income (loss) available to common unitholders$11,911 $3,197 $225 $(1,074)Basic earnings per common unit:Income (loss) from continuing operations$0.12 $0.02 $0.00 $(0.04)Discontinued operations0.00 0.01 0.00 0.03 Net income (loss) available to common unitholders$0.12 $0.03 $0.00 $(0.01)Diluted earnings per common unit:Income (loss) from continuing operations$0.12 $0.02 $0.00 $(0.04)Discontinued operations0.00 0.01 0.00 0.03 Net income (loss) available to common unitholders$0.12 $0.03 $0.00 $(0.01)Basic weighted average units outstanding102,011 101,352 101,852 101,160 Diluted weighted average units outstanding102,259 101,952 102,164 101,160