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VERIS RESIDENTIAL, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($) $ in Thousands | Total | Common Stock | Additional Paid-In Capital | Dividends in Excess of Net Earnings | Accumulated Other Comprehensive Income (Loss) | Noncontrolling Interests in Subsidiaries
--- | --- | --- | --- | --- | --- | ---
Beginning balance (in shares) at Dec. 31, 2022 |  | 91,142,000 |  |  |  |
Beginning balance at Dec. 31, 2022 | $ 1,399,337 | $ 911 | $ 2,532,182 | $ (1,301,385) | $ 3,977 | $ 163,652
Increase (Decrease) in Stockholders' Equity [Roll Forward] |  |  |  |  |  |
Net (loss) income | (112,361) |  |  | (107,265) |  | (5,096)
Shares issued under ATM Program, net | (540) |  | (540) |  |  |
Common stock dividends | (9,662) |  |  | (9,662) |  |
Common unit distributions | (891) |  |  |  |  | (891)
Redeemable noncontrolling interests | (12,595) |  | (4,516) |  |  | (8,079)
Change in noncontrolling interests in consolidated joint ventures | (885) |  | (530) |  |  | (355)
Redemption of common units for common stock (in shares) |  | 821,000 |  |  |  |
Redemption of common units for common stock | 0 | $ 8 | 11,363 |  |  | (11,371)
Redemption of common units | (142) |  |  |  |  | (142)
Shares issued under Dividend Reinvestment and Stock Purchase Plan | 4 |  | 4 |  |  |
Directors' deferred compensation plan (in shares) |  | 21,000 |  |  |  |
Directors' deferred compensation plan | 394 |  | 394 |  |  |
Stock compensation (in shares) |  | 284,000 |  |  |  |
Stock compensation | 19,876 | $ 3 | 19,386 |  |  | 487
Cancellation of restricted shares (in shares) |  | (39,000) |  |  |  |
Cancellation of restricted shares | (607) |  | (607) |  |  |
Other comprehensive income (loss) | (2,375) |  |  |  | (2,169) | (206)
Rebalancing of ownership percentage between parent and subsidiaries | 0 |  | (4,076) |  |  | 4,076
Ending balance (in shares) at Dec. 31, 2023 |  | 92,229,000 |  |  |  |
Ending balance at Dec. 31, 2023 | 1,279,553 | $ 922 | 2,553,060 | (1,418,312) | 1,808 | 142,075
Increase (Decrease) in Stockholders' Equity [Roll Forward] |  |  |  |  |  |
Net (loss) income | (26,664) |  |  | (23,120) |  | (3,544)
Shares issued under ATM Program, net (in shares) |  | 134,000 |  |  |  |
Shares issued under ATM Program, net | 1,765 | $ 1 | 1,764 |  |  |
Common stock dividends | (24,755) |  |  | (24,755) |  |
Common unit distributions | (2,290) |  |  |  |  | (2,290)
Redeemable noncontrolling interests | (540) |  |  |  |  | (540)
Change in noncontrolling interests in consolidated joint ventures | (1,852) |  |  |  |  | (1,852)
Redemption of common units for common stock (in shares) |  | 22,000 |  |  |  |
Redemption of common units for common stock | 0 |  | 268 |  |  | (268)
Shares issued under Dividend Reinvestment and Stock Purchase Plan | 11 |  | 11 |  |  |
Directors' deferred compensation plan | 394 |  | 394 |  |  |
Stock compensation (in shares) |  | 794,000 |  |  |  |
Stock compensation | 13,259 | $ 8 | 13,251 |  |  |
Cancellation of restricted shares (in shares) |  | (267,000) |  |  |  |
Cancellation of restricted shares | (4,003) | $ (2) | (4,001) |  |  |
Other comprehensive income (loss) | (1,809) |  |  |  | (1,654) | (155)
Rebalancing of ownership percentage between parent and subsidiaries | $ 0 |  | (252) |  |  | 252
Ending balance (in shares) at Dec. 31, 2024 | 92,912,253 | 92,912,000 |  |  |  |
Ending balance at Dec. 31, 2024 | $ 1,233,069 | $ 929 | 2,564,495 | (1,466,187) | 154 | 133,678
Increase (Decrease) in Stockholders' Equity [Roll Forward] |  |  |  |  |  |
Net (loss) income | 78,941 |  |  | 75,239 |  | 3,702
Common stock dividends | (30,421) |  |  | (30,421) |  |
Common unit distributions | (2,757) |  |  |  |  | (2,757)
Redeemable noncontrolling interests | (324) |  |  |  |  | (324)
Change in noncontrolling interests in consolidated joint ventures | (19,360) |  |  |  |  | (19,360)
Redemption of common units for common stock (in shares) |  | 55,000 |  |  |  |
Redemption of common units for common stock | 0 |  | 659 |  |  | (659)
Redemption of common units | (456) |  |  |  |  | (456)
Shares issued under Dividend Reinvestment and Stock Purchase Plan | 9 |  | 9 |  |  |
Directors' deferred compensation plan | 468 |  | 468 |  |  |
Stock compensation (in shares) |  | 735,000 |  |  |  |
Stock compensation | 11,828 | $ 7 | 11,821 |  |  |
Cancellation of restricted shares (in shares) |  | (270,000) |  |  |  |
Cancellation of restricted shares | (4,416) | $ (2) | (4,414) |  |  |
Other comprehensive income (loss) | (919) |  |  |  | (841) | (78)
Rebalancing of ownership percentage between parent and subsidiaries | $ 0 |  | (295) |  |  | 295
Ending balance (in shares) at Dec. 31, 2025 | 93,432,649 | 93,432,000 |  |  |  |
Ending balance at Dec. 31, 2025 | $ 1,265,662 | $ 934 | $ 2,572,743 | $ (1,421,369) | $ (687) | $ 114,041

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