Company: VRE
Filing Date: 2025-07-23
Form Type: 10-Q
Source: 0000924901-25-000051
Chunk: 37

Company: Veris Residential, Inc.
Filing Date: 2025-07-23
Form: 10-Q
Item: Part I, Item 1
Chunk 37
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 ventures149 543 2,274 1,038Noncontrolling interests in Operating Partnership of income (loss) from continuing operations(1,009)(153)(11)370Noncontrolling interests in Operating Partnership in discontinued operations2 (122)(9)(277)Redeemable noncontrolling interests(81)(81)(162)(378)Net income (loss) available to common shareholders$10,904 $2,922 $205 $(981)Basic earnings per common share: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 shareholders$0.12 $0.03 $0.00 $(0.01)Diluted earnings per common share: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 shareholders$0.12 $0.03 $0.00 $(0.01)Basic weighted average shares outstanding93,392 92,663 93,227 92,469 Diluted weighted average shares outstanding102,259 101,952 102,164 101,160 The accompanying notes are an integral part of these consolidated financial statements. 

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Table of ContentsVERIS RESIDENTIAL, INC. AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (in thousands) (unaudited)

Three Months EndedJune 30,Six Months EndedJune 30,2025202420252024Net income (loss)$11,843 $2,735$(1,887)$(1,734)Other comprehensive income (loss):Net unrealized (loss) gain on derivative instruments(89)(838)(1,193)254Comprehensive income (loss)$11,754 $1,897$(3,080)$(1,480)Comprehensive loss (income) attributable to noncontrolling interests in consolidated joint ventures1495432,2741,038Comprehensive loss (income) attributable to redeemable noncontrolling interests(81)(81)(162)(378)Comprehensive loss (income) attributable to