XML 73 R56.htm IDEA: XBRL DOCUMENT
v3.25.4

INVESTMENTS IN RENTAL PROPERTIES - Schedule of Disposed Developable Land (Details) - Disposal Group, Disposed of by Sale, Not Discontinued Operations - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2025 | Dec. 31, 2024 | Dec. 31, 2023
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] |  |  |
Net Sales Proceeds | $ 162,728 | $ 88,770 | $ 75,118
Net Carrying Value | 129,498 | 77,255 | 30,468
Gain (loss) on disposition of developable land |  |  | 7,068
Discontinued Operations Realized gains (losses) and unrealized gains (losses) on disposition of rental property and impairments, net | 34,040 | 11,515 | 39,271
65 Livingston |  |  |
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] |  |  |
Net Sales Proceeds | 7,139 |  |
Net Carrying Value | 7,295 |  |
Discontinued Operations Realized gains (losses) and unrealized gains (losses) on disposition of rental property and impairments, net | (156) |  |
Impairment charges | 2,600 |  |
Wall Land |  |  |
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] |  |  |
Net Sales Proceeds | 30,152 |  |
Net Carrying Value | 4,116 |  |
Discontinued Operations Realized gains (losses) and unrealized gains (losses) on disposition of rental property and impairments, net | 26,036 |  |
1 Water Street |  |  |
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] |  |  |
Net Sales Proceeds | 15,563 |  |
Net Carrying Value | 5,033 |  |
Discontinued Operations Realized gains (losses) and unrealized gains (losses) on disposition of rental property and impairments, net | 10,530 |  |
PI South - Building 2 |  |  |
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] |  |  |
Net Sales Proceeds | 36,520 |  |
Net Carrying Value | 37,638 |  |
Discontinued Operations Realized gains (losses) and unrealized gains (losses) on disposition of rental property and impairments, net | (1,118) |  |
Impairment charges | 3,200 |  |
Harborside 8/9 |  |  |
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] |  |  |
Net Sales Proceeds | 73,354 |  |
Net Carrying Value | 75,416 |  |
Discontinued Operations Realized gains (losses) and unrealized gains (losses) on disposition of rental property and impairments, net | (2,062) |  |
2 Campus |  |  |
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] |  |  |
Net Sales Proceeds |  | 10,155 |
Net Carrying Value |  | 9,371 |
Discontinued Operations Realized gains (losses) and unrealized gains (losses) on disposition of rental property and impairments, net |  | 784 |
107 Morgan |  |  |
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] |  |  |
Net Sales Proceeds |  | 50,630 |
Net Carrying Value |  | 50,929 |
Discontinued Operations Realized gains (losses) and unrealized gains (losses) on disposition of rental property and impairments, net |  | (299) |
Impairment charges |  | 10,500 |
6 Becker Farm / 85 Livingston |  |  |
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] |  |  |
Net Sales Proceeds |  | 27,985 |
Net Carrying Value |  | 16,955 |
Discontinued Operations Realized gains (losses) and unrealized gains (losses) on disposition of rental property and impairments, net |  | $ 11,030 |
Columbia-Honeywell |  |  |
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] |  |  |
Net Sales Proceeds |  |  | 8,214
Net Carrying Value |  |  | 8,236
Gain (loss) on disposition of developable land |  |  | (22)
Discontinued Operations Realized gains (losses) and unrealized gains (losses) on disposition of rental property and impairments, net |  |  | 0
Deposits received |  |  | 1,100
3 Campus |  |  |
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] |  |  |
Net Sales Proceeds |  |  | 13,248
Net Carrying Value |  |  | 7,847
Gain (loss) on disposition of developable land |  |  | 5,401
Discontinued Operations Realized gains (losses) and unrealized gains (losses) on disposition of rental property and impairments, net |  |  | 0
Harborside 4 |  |  |
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] |  |  |
Net Sales Proceeds |  |  | 53,656
Net Carrying Value |  |  | 14,385
Gain (loss) on disposition of developable land |  |  | 0
Discontinued Operations Realized gains (losses) and unrealized gains (losses) on disposition of rental property and impairments, net |  |  | 39,271
Impairment charges | 12,500 |  |
Deposits received | 5,000 |  |
Others |  |  |
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] |  |  |
Gain (loss) on disposition of developable land |  |  | 1,689
Discontinued Operations Realized gains (losses) and unrealized gains (losses) on disposition of rental property and impairments, net | $ 810 |  | $ 0

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 360 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3A -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482099/360-10-50-3A Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 360 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3A -Subparagraph (b)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482099/360-10-50-3A + Details
Name: | us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The cash inflow from the sale of land held for investment; excludes sales of land held as inventory or productive use. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 230 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 12 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482740/230-10-45-12 + Details
Name: | us-gaap_ProceedsFromSaleOfLandHeldforinvestment
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The charge against earnings resulting from the aggregate write down of tangible assets from their carrying value to their fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 360 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482099/360-10-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483499/205-20-50-1 + Details
Name: | us-gaap_TangibleAssetImpairmentCharges
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Disposal Group, Including Discontinued Operation, Deposits Received + References No definition available. + Details
Name: | vre_DisposalGroupIncludingDiscontinuedOperationDepositsReceived
Namespace Prefix: | vre_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Disposal Group, Including Discontinued Operation,Gain (Loss) On Disposition Of Land + References No definition available. + Details
Name: | vre_DisposalGroupIncludingDiscontinuedOperationGainLossOnDispositionOfLand
Namespace Prefix: | vre_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Disposal Group, Including Discontinued Operation, Land, Net Value + References No definition available. + Details
Name: | vre_DisposalGroupIncludingDiscontinuedOperationLandNetValue
Namespace Prefix: | vre_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Gain (Loss) On Disposition Of Land, Discontinued Operations + References No definition available. + Details
Name: | vre_GainLossOnDispositionOfLandDiscontinuedOperations
Namespace Prefix: | vre_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Details
Name: | us-gaap_DisposalGroupClassificationAxis=us-gaap_DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis=vre_A65LivingstonMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis=vre_WallLandMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis=vre_A1WaterStreetMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis=vre_PISouthBuilding2Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis=vre_Harborside89Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis=vre_TwoCampusMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis=vre_A107MorganMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis=vre_A6BeckerFarm85LivingstonMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis=vre_ColumbiaHoneywellMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis=vre_A3CampusMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis=vre_Harborside4Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis=vre_OtherPropertiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |