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VERIS RESIDENTIAL, L.P. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($) $ in Thousands | Total | VERIS RESIDENTIAL, L.P. | VERIS RESIDENTIAL, L.P. Accumulated Other Comprehensive Income (Loss) | VERIS RESIDENTIAL, L.P. General Partner Common Units | VERIS RESIDENTIAL, L.P. Limited Partner Common Units/ Vested LTIP Units | VERIS RESIDENTIAL, L.P. General Partner Common Unitholders | VERIS RESIDENTIAL, L.P. Limited Partner Common Unitholders | VERIS RESIDENTIAL, L.P. Noncontrolling Interest in Consolidated Joint Ventures
--- | --- | --- | --- | --- | --- | --- | --- | ---
Beginning balance (in shares) at Dec. 31, 2022 |  |  |  | 91,142,000 | 9,301,000 |  |  |
Beginning balance at Dec. 31, 2022 |  | $ 1,399,337 | $ 3,977 |  |  | $ 1,163,935 | $ 193,882 | $ 37,543
Increase (Decrease) in Partners' Capital [Roll Forward] |  |  |  |  |  |  |  |
Net (loss) income | $ (112,361) | (112,361) |  |  |  | (107,265) | (10,395) | 5,299
Shares issued under ATM Program, net | (540) | (540) |  |  |  | (540) |  |
Common unit distributions | (891) | (10,553) |  |  |  | (9,662) | (891) |
Redeemable noncontrolling interests | (12,595) | (12,595) |  |  |  | (4,516) | (461) | (7,618)
Change in noncontrolling interests in consolidated joint ventures | (885) | (885) |  |  |  | (530) |  | (355)
Redemption of limited partner common units for shares of general partner common units (in shares) |  |  |  | 821,000 | (821,000) |  |  |
Redemption of limited partner common units for shares of general partner common units | 0 | $ 0 |  |  |  | 11,371 | (11,371) |
Vested LTIP units (in shares) |  | (231,519) |  |  | 221,000 |  |  |
Redemption of limited partners common units (in shares) |  | 820,540 |  |  | 8,000 |  |  |
Redemption of limited partners common units | (142) | $ (142) |  |  |  |  | (142) |
Shares issued under Dividend Reinvestment and Stock Purchase Plan | 4 | 4 |  |  |  | 4 |  |
Directors' deferred compensation plan (in shares) |  |  |  | 21,000 |  |  |  |
Directors' deferred compensation plan | 394 | 394 |  |  |  | 394 |  |
Other comprehensive income (loss) | (2,375) | (2,375) | (2,169) |  |  |  | (206) |
Stock compensation (in shares) |  |  |  | 284,000 |  |  |  |
Stock compensation | 19,876 | 19,876 |  |  |  | 19,389 | 487 |
Cancellation of restricted shares (in shares) |  |  |  | (39,000) |  |  |  |
Cancellation of restricted shares | 607 | 607 |  |  |  | 607 |  |
Ending balance (in shares) at Dec. 31, 2023 |  |  |  | 92,229,000 | 8,693,000 |  |  |
Ending balance at Dec. 31, 2023 |  | 1,279,553 | 1,808 |  |  | 1,071,973 | 170,903 | 34,869
Increase (Decrease) in Partners' Capital [Roll Forward] |  |  |  |  |  |  |  |
Net (loss) income | (26,664) | (26,664) |  |  |  | (23,120) | (2,160) | (1,384)
Shares issued under ATM Program, net (in shares) |  |  |  | 134,000 |  |  |  |
Shares issued under ATM Program, net | 1,765 | 1,765 |  |  |  | 1,765 |  |
Common unit distributions | (2,290) | (27,045) |  |  |  | (24,755) | (2,290) |
Redeemable noncontrolling interests | (540) | (540) |  |  |  |  |  | (540)
Change in noncontrolling interests in consolidated joint ventures | (1,852) | $ (1,855) |  |  |  |  |  | (1,855)
Redemption of limited partner common units for shares of general partner common units | 0 |  |  |  |  |  |  |
Vested LTIP units (in shares) |  | 1,883 |  |  | 1,000 |  |  |
Redemption of limited partners common units (in shares) |  | 22,197 |  | 22,000 | 22,000 |  |  |
Redemption of limited partners common units |  | $ 0 |  |  |  | 268 | (268) |
Shares issued under Dividend Reinvestment and Stock Purchase Plan | 11 | 11 |  |  |  | 11 |  |
Directors' deferred compensation plan | 394 | 394 |  |  |  | 394 |  |
Other comprehensive income (loss) | (1,809) | (1,809) | (1,654) |  |  |  | (155) |
Stock compensation (in shares) |  |  |  | 794,000 |  |  |  |
Stock compensation | 13,259 | 13,262 |  |  |  | 13,262 |  |
Cancellation of restricted shares (in shares) |  |  |  | (267,000) |  |  |  |
Cancellation of restricted shares | $ 4,003 | 4,003 |  |  |  | 4,003 |  |
Ending balance (in shares) at Dec. 31, 2024 | 92,912,253 |  |  | 92,912,000 | 8,672,000 |  |  |
Ending balance at Dec. 31, 2024 |  | 1,233,069 | 154 |  |  | 1,035,795 | 166,030 | 31,090
Increase (Decrease) in Partners' Capital [Roll Forward] |  |  |  |  |  |  |  |
Net (loss) income | $ 78,941 | 78,941 |  |  |  | 75,239 | 6,916 | (3,214)
Common unit distributions | (2,757) | (33,178) |  |  |  | (30,421) | (2,757) |
Redeemable noncontrolling interests | (324) | (324) |  |  |  |  |  | (324)
Change in noncontrolling interests in consolidated joint ventures | (19,360) | (19,360) |  |  |  |  |  | (19,360)
Redemption of limited partner common units for shares of general partner common units (in shares) |  |  |  | 55,000 | (55,000) |  |  |
Redemption of limited partner common units for shares of general partner common units | $ 0 | $ 0 |  |  |  | 659 | (659) |
Redemption of limited partners common units (in shares) | 54,530 | 54,530 |  |  | 30,000 |  |  |
Redemption of limited partners common units | $ (456) | $ (456) |  |  |  |  | (456) |
Shares issued under Dividend Reinvestment and Stock Purchase Plan | 9 | 9 |  |  |  | 9 |  |
Directors' deferred compensation plan | 468 | 468 |  |  |  | 468 |  |
Other comprehensive income (loss) | (919) | (919) | (841) |  |  |  | (78) |
Stock compensation (in shares) |  |  |  | 735,000 |  |  |  |
Stock compensation | 11,828 | 11,828 |  |  |  | 11,828 |  |
Cancellation of restricted shares (in shares) |  |  |  | (270,000) |  |  |  |
Cancellation of restricted shares | $ 4,416 | 4,416 |  |  |  | 4,416 |  |
Ending balance (in shares) at Dec. 31, 2025 | 93,432,649 |  |  | 93,432,000 | 8,587,000 |  |  |
Ending balance at Dec. 31, 2025 |  | $ 1,265,662 | $ (687) |  |  | $ 1,089,161 | $ 168,996 | $ 8,192

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