2022 Q4 Form 10-Q Financial Statement

#000092490122000019 Filed on November 02, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3
Revenue $86.20M $91.36M
YoY Change -2.3% 9.09%
Cost Of Revenue $44.83M $3.955M
YoY Change 15.17% 10.69%
Gross Profit $41.37M $87.40M
YoY Change -16.09% 9.02%
Gross Profit Margin 47.99% 95.67%
Selling, General & Admin $12.25M $12.86M
YoY Change -11.56% 13.91%
% of Gross Profit 29.61% 14.72%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $28.65M $28.97M
YoY Change 16.17% 0.66%
% of Gross Profit 69.26% 33.14%
Operating Expenses $40.96M $41.82M
YoY Change 4.86% 2.92%
Operating Profit $417.0K $45.58M
YoY Change -95.93% 15.29%
Interest Expense -$23.72M $22.14M
YoY Change 95.94% 45.64%
% of Operating Profit -5687.29% 48.57%
Other Income/Expense, Net $0.00
YoY Change
Pretax Income $39.84M -$106.9M
YoY Change -270.89% 302.35%
Income Tax $0.00
% Of Pretax Income
Net Earnings $31.58M -$101.2M
YoY Change -220.22% 257.48%
Net Earnings / Revenue 36.64% -110.8%
Basic Earnings Per Share -$1.10
Diluted Earnings Per Share $0.35 -$1.10
COMMON SHARES
Basic Shares Outstanding 91.08M shares 91.08M shares
Diluted Shares Outstanding 100.4M shares

Balance Sheet

Concept 2022 Q4 2022 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $26.78M $38.36M
YoY Change -15.66% 64.57%
Cash & Equivalents $26.78M $38.36M
Short-Term Investments
Other Short-Term Assets $43.80M $42.53M
YoY Change 51.76% 28.86%
Inventory
Prepaid Expenses
Receivables $42.65M $56.69M
Other Receivables $0.00 $0.00
Total Short-Term Assets $113.2M $137.6M
YoY Change -16.29% 3.36%
LONG-TERM ASSETS
Property, Plant & Equipment $3.611B $3.899B
YoY Change -12.66% -6.23%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $126.2M $129.6M
YoY Change -8.43% -12.75%
Other Assets $56.73M $74.89M
YoY Change -23.02% -2.13%
Total Long-Term Assets $3.808B $4.119B
YoY Change -13.31% -7.12%
TOTAL ASSETS
Total Short-Term Assets $113.2M $137.6M
Total Long-Term Assets $3.808B $4.119B
Total Assets $3.921B $4.256B
YoY Change -13.4% -6.81%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $69.14M $51.14M
YoY Change -38.64% -62.97%
Accrued Expenses $10.03M $35.41M
YoY Change -64.25% 26.29%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $79.28M $86.66M
YoY Change -43.82% -47.96%
LONG-TERM LIABILITIES
Long-Term Debt $1.904B $2.267B
YoY Change -20.3% -4.56%
Other Long-Term Liabilities $22.94M $25.75M
YoY Change -13.09% -7.83%
Total Long-Term Liabilities $1.927B $2.292B
YoY Change -20.23% -4.6%
TOTAL LIABILITIES
Total Short-Term Liabilities $79.28M $86.66M
Total Long-Term Liabilities $1.927B $2.292B
Total Liabilities $2.006B $2.379B
YoY Change -21.53% -7.41%
SHAREHOLDERS EQUITY
Retained Earnings -$1.301B -$1.333B
YoY Change 4.17% 9.01%
Common Stock $911.0K $911.0K
YoY Change 0.22% 0.22%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.236B $1.202B
YoY Change
Total Liabilities & Shareholders Equity $3.921B $4.256B
YoY Change -13.4% -6.81%

Cashflow Statement

Concept 2022 Q4 2022 Q3
OPERATING ACTIVITIES
Net Income $31.58M -$101.2M
YoY Change -220.22% 257.48%
Depreciation, Depletion And Amortization $28.65M $28.97M
YoY Change 16.17% 0.66%
Cash From Operating Activities -$2.730M $23.47M
YoY Change -118.27% 77.46%
INVESTING ACTIVITIES
Capital Expenditures $17.72M -$146.9M
YoY Change -128.63% 134.17%
Acquisitions
YoY Change
Other Investing Activities $127.6M $102.1M
YoY Change 154.73% 232.9%
Cash From Investing Activities $109.9M -$44.85M
YoY Change -1032.11% 39.81%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -123.5M 32.01M
YoY Change -2483.26% 290.46%
NET CHANGE
Cash From Operating Activities -2.730M 23.47M
Cash From Investing Activities 109.9M -44.85M
Cash From Financing Activities -123.5M 32.01M
Net Change In Cash -16.41M 10.63M
YoY Change -296.83% -199.75%
FREE CASH FLOW
Cash From Operating Activities -$2.730M $23.47M
Capital Expenditures $17.72M -$146.9M
Free Cash Flow -$20.45M $170.4M
YoY Change -126.62% 124.29%

Facts In Submission

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CY2021Q3 us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
609000 usd
us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
-4440000 usd
us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
25469000 usd
CY2022Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
1046000 usd
CY2021Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
1654000 usd
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-1806000 usd
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
41900000 usd
CY2022Q3 us-gaap Profit Loss
ProfitLoss
-105902000 usd
CY2021Q3 us-gaap Profit Loss
ProfitLoss
-25792000 usd
us-gaap Profit Loss
ProfitLoss
-75779000 usd
us-gaap Profit Loss
ProfitLoss
-86302000 usd
CY2022Q3 us-gaap Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable
NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable
-726000 usd
CY2021Q3 us-gaap Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable
NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable
-1137000 usd
us-gaap Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable
NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable
-2484000 usd
us-gaap Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable
NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable
-3670000 usd
CY2022Q3 us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Nonredeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsNonredeemable
-10420000 usd
CY2021Q3 us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Nonredeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsNonredeemable
-2962000 usd
us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Nonredeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsNonredeemable
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us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Nonredeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsNonredeemable
-13084000 usd
CY2022Q3 vre Noncontrolling Interest In Discontinued Operations
NoncontrollingInterestInDiscontinuedOperations
97000 usd
CY2021Q3 vre Noncontrolling Interest In Discontinued Operations
NoncontrollingInterestInDiscontinuedOperations
150000 usd
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NoncontrollingInterestInDiscontinuedOperations
-170000 usd
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NoncontrollingInterestInDiscontinuedOperations
3809000 usd
CY2022Q3 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
6365000 usd
CY2021Q3 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
6471000 usd
us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
19168000 usd
us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
19413000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
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CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
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CY2022Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-1.11
CY2021Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
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us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
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us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
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CY2022Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.01
CY2021Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.02
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.02
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.42
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.10
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.33
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.08
CY2022Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-1.11
CY2021Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
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us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
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us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
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CY2022Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.01
CY2021Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.02
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.02
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.42
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.10
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.33
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.98
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.08
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
91087000 shares
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
90941000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
91022000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
90803000 shares
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
100378000 shares
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
99975000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
100215000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
99870000 shares
CY2022Q3 us-gaap Profit Loss
ProfitLoss
-105902000 usd
CY2021Q3 us-gaap Profit Loss
ProfitLoss
-25792000 usd
us-gaap Profit Loss
ProfitLoss
-75779000 usd
us-gaap Profit Loss
ProfitLoss
-86302000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Derivative Excluded Component Increase Decrease After Adjustments And Tax
OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTax
2577000 usd
CY2021Q3 us-gaap Other Comprehensive Income Loss Derivative Excluded Component Increase Decrease After Adjustments And Tax
OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTax
0 usd
us-gaap Other Comprehensive Income Loss Derivative Excluded Component Increase Decrease After Adjustments And Tax
OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTax
4699000 usd
us-gaap Other Comprehensive Income Loss Derivative Excluded Component Increase Decrease After Adjustments And Tax
OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTax
0 usd
CY2022Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-103325000 usd
CY2021Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-25792000 usd
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-71080000 usd
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-86302000 usd
CY2022Q3 vre Comprehensive Income Loss Net Of Tax Attributable To Noncontrolling Interest Joint Venture Partners Nonredeemable
ComprehensiveIncomeLossNetOfTaxAttributableToNoncontrollingInterestJointVenturePartnersNonredeemable
-726000 usd
CY2021Q3 vre Comprehensive Income Loss Net Of Tax Attributable To Noncontrolling Interest Joint Venture Partners Nonredeemable
ComprehensiveIncomeLossNetOfTaxAttributableToNoncontrollingInterestJointVenturePartnersNonredeemable
-1137000 usd
vre Comprehensive Income Loss Net Of Tax Attributable To Noncontrolling Interest Joint Venture Partners Nonredeemable
ComprehensiveIncomeLossNetOfTaxAttributableToNoncontrollingInterestJointVenturePartnersNonredeemable
-2484000 usd
vre Comprehensive Income Loss Net Of Tax Attributable To Noncontrolling Interest Joint Venture Partners Nonredeemable
ComprehensiveIncomeLossNetOfTaxAttributableToNoncontrollingInterestJointVenturePartnersNonredeemable
-3670000 usd
CY2022Q3 vre Comprehensive Income Loss Net Of Tax Attributable To Redeemable Noncontrolling Interest
ComprehensiveIncomeLossNetOfTaxAttributableToRedeemableNoncontrollingInterest
6365000 usd
CY2021Q3 vre Comprehensive Income Loss Net Of Tax Attributable To Redeemable Noncontrolling Interest
ComprehensiveIncomeLossNetOfTaxAttributableToRedeemableNoncontrollingInterest
6471000 usd
vre Comprehensive Income Loss Net Of Tax Attributable To Redeemable Noncontrolling Interest
ComprehensiveIncomeLossNetOfTaxAttributableToRedeemableNoncontrollingInterest
19168000 usd
vre Comprehensive Income Loss Net Of Tax Attributable To Redeemable Noncontrolling Interest
ComprehensiveIncomeLossNetOfTaxAttributableToRedeemableNoncontrollingInterest
19413000 usd
CY2022Q3 vre Comprehensive Income Loss Net Of Tax Attributable To Noncontrolling Interest Operating Partnerships Nonredeemable
ComprehensiveIncomeLossNetOfTaxAttributableToNoncontrollingInterestOperatingPartnershipsNonredeemable
-10084000 usd
CY2021Q3 vre Comprehensive Income Loss Net Of Tax Attributable To Noncontrolling Interest Operating Partnerships Nonredeemable
ComprehensiveIncomeLossNetOfTaxAttributableToNoncontrollingInterestOperatingPartnershipsNonredeemable
-2812000 usd
vre Comprehensive Income Loss Net Of Tax Attributable To Noncontrolling Interest Operating Partnerships Nonredeemable
ComprehensiveIncomeLossNetOfTaxAttributableToNoncontrollingInterestOperatingPartnershipsNonredeemable
-8097000 usd
vre Comprehensive Income Loss Net Of Tax Attributable To Noncontrolling Interest Operating Partnerships Nonredeemable
ComprehensiveIncomeLossNetOfTaxAttributableToNoncontrollingInterestOperatingPartnershipsNonredeemable
-9275000 usd
CY2022Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-98880000 usd
CY2021Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-28314000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-79667000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-92770000 usd
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1467173000 usd
CY2022Q3 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
-105902000 usd
CY2022Q3 vre Redeemable Noncontrolling Interest Redemption Value Adjustment
RedeemableNoncontrollingInterestRedemptionValueAdjustment
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CY2022Q3 vre Noncontrolling Interest Increase Decrease In Joint Venture
NoncontrollingInterestIncreaseDecreaseInJointVenture
6000 usd
CY2022Q3 vre Stock Issued During Period Value Dividend Reinvestment Plan And Stock Purchase Plan Net Of Adjustments
StockIssuedDuringPeriodValueDividendReinvestmentPlanAndStockPurchasePlanNetOfAdjustments
-4000 usd
CY2022Q3 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
110000 usd
CY2022Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
3213000 usd
CY2022Q3 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
156000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
2577000 usd
CY2022Q3 vre Noncontrolling Interest Increase Decrease From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseDecreaseFromSubsidiaryEquityIssuance
0 usd
CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1362062000 usd
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1510333000 usd
CY2021Q3 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
-25792000 usd
CY2021Q3 vre Redeemable Noncontrolling Interest Redemption Value Adjustment
RedeemableNoncontrollingInterestRedemptionValueAdjustment
-8188000 usd
CY2021Q3 vre Noncontrolling Interest Increase Decrease In Joint Venture
NoncontrollingInterestIncreaseDecreaseInJointVenture
12000 usd
CY2021Q3 vre Redemption Of Common Units
RedemptionOfCommonUnits
-295000 usd
CY2021Q3 vre Stock Issued During Period Value Dividend Reinvestment Plan And Stock Purchase Plan Net Of Adjustments
StockIssuedDuringPeriodValueDividendReinvestmentPlanAndStockPurchasePlanNetOfAdjustments
4000 usd
CY2021Q3 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
91000 usd
CY2021Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
2907000 usd
CY2021Q3 vre Noncontrolling Interest Increase Decrease From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseDecreaseFromSubsidiaryEquityIssuance
0 usd
CY2021Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1479072000 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1449418000 usd
us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
-75779000 usd
vre Noncontrolling Interest Increase From Distributions To Noncontrolling Interest Holders
NoncontrollingInterestIncreaseFromDistributionsToNoncontrollingInterestHolders
-218000 usd
vre Redeemable Noncontrolling Interest Redemption Value Adjustment
RedeemableNoncontrollingInterestRedemptionValueAdjustment
-24875000 usd
vre Noncontrolling Interest Increase Decrease In Joint Venture
NoncontrollingInterestIncreaseDecreaseInJointVenture
24000 usd
vre Redemption Of Common Units For Common Stock
RedemptionOfCommonUnitsForCommonStock
0 usd
vre Redemption Of Common Units
RedemptionOfCommonUnits
-1801000 usd
vre Stock Issued During Period Value Dividend Reinvestment Plan And Stock Purchase Plan Net Of Adjustments
StockIssuedDuringPeriodValueDividendReinvestmentPlanAndStockPurchasePlanNetOfAdjustments
23000 usd
us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
330000 usd
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
10657000 usd
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
852000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
4699000 usd
vre Noncontrolling Interest Increase Decrease From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseDecreaseFromSubsidiaryEquityIssuance
0 usd
CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1362062000 usd
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1592380000 usd
us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
-86302000 usd
vre Noncontrolling Interest Increase From Distributions To Noncontrolling Interest Holders
NoncontrollingInterestIncreaseFromDistributionsToNoncontrollingInterestHolders
-643000 usd
vre Redeemable Noncontrolling Interest Redemption Value Adjustment
RedeemableNoncontrollingInterestRedemptionValueAdjustment
-24805000 usd
vre Noncontrolling Interest Increase Decrease In Joint Venture
NoncontrollingInterestIncreaseDecreaseInJointVenture
197000 usd
vre Redemption Of Common Units For Common Stock
RedemptionOfCommonUnitsForCommonStock
0 usd
vre Redemption Of Common Units
RedemptionOfCommonUnits
-11164000 usd
vre Stock Issued During Period Value Dividend Reinvestment Plan And Stock Purchase Plan Net Of Adjustments
StockIssuedDuringPeriodValueDividendReinvestmentPlanAndStockPurchasePlanNetOfAdjustments
33000 usd
us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
229000 usd
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
7979000 usd
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
118000 usd
vre Noncontrolling Interest Increase Decrease From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseDecreaseFromSubsidiaryEquityIssuance
0 usd
CY2021Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1479072000 usd
us-gaap Profit Loss
ProfitLoss
-75779000 usd
us-gaap Profit Loss
ProfitLoss
-86302000 usd
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-1806000 usd
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
41900000 usd
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-73973000 usd
CY2022Q3 vre Consolidated Joint Ventures Mortgages
ConsolidatedJointVenturesMortgages
285600000 usd
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-128202000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
82738000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
82959000 usd
vre Amortization Of Deferred Stock Units
AmortizationOfDeferredStockUnits
330000 usd
vre Amortization Of Deferred Stock Units
AmortizationOfDeferredStockUnits
229000 usd
vre Amortization Of Share Based Compensation
AmortizationOfShareBasedCompensation
10657000 usd
vre Amortization Of Share Based Compensation
AmortizationOfShareBasedCompensation
7979000 usd
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
3602000 usd
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
3369000 usd
vre Amortization Of Debt Discount And Mark To Market
AmortizationOfDebtDiscountAndMarkToMarket
0 usd
vre Amortization Of Debt Discount And Mark To Market
AmortizationOfDebtDiscountAndMarkToMarket
232000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1847000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-2831000 usd
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
13000 usd
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
759000 usd
vre Realized Gains Loss On Disposition Of Assets Net
RealizedGainsLossOnDispositionOfAssetsNet
-3264000 usd
vre Realized Gains Loss On Disposition Of Assets Net
RealizedGainsLossOnDispositionOfAssetsNet
521000 usd
vre Write Off Transaction Related Costs
WriteOffTransactionRelatedCosts
0 usd
vre Write Off Transaction Related Costs
WriteOffTransactionRelatedCosts
3091000 usd
vre Gain Loss On Sale Of Realized And Unrealized Property Plant Equipment
GainLossOnSaleOfRealizedAndUnrealizedPropertyPlantEquipment
57748000 usd
vre Gain Loss On Sale Of Realized And Unrealized Property Plant Equipment
GainLossOnSaleOfRealizedAndUnrealizedPropertyPlantEquipment
111000 usd
vre Impairment Of Property
ImpairmentOfProperty
84509000 usd
vre Impairment Of Property
ImpairmentOfProperty
6041000 usd
us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
0 usd
us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
-1886000 usd
vre Impairment Of Land And Other Including Continued And Discontinued Operations
ImpairmentOfLandAndOtherIncludingContinuedAndDiscontinuedOperations
9368000 usd
vre Impairment Of Land And Other Including Continued And Discontinued Operations
ImpairmentOfLandAndOtherIncludingContinuedAndDiscontinuedOperations
11333000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-6418000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-46735000 usd
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
0 usd
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
5152000 usd
vre Increase Decrease In Unbilled Rent Receivables
IncreaseDecreaseInUnbilledRentReceivables
-2884000 usd
vre Increase Decrease In Unbilled Rent Receivables
IncreaseDecreaseInUnbilledRentReceivables
7246000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
15713000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
5043000 usd
us-gaap Increase Decrease In Leasing Receivables
IncreaseDecreaseInLeasingReceivables
229000 usd
us-gaap Increase Decrease In Leasing Receivables
IncreaseDecreaseInLeasingReceivables
-4213000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
12253000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-5003000 usd
vre Increase Decrease In Rents Received In Advance And Security Deposits
IncreaseDecreaseInRentsReceivedInAdvanceAndSecurityDeposits
-361000 usd
vre Increase Decrease In Rents Received In Advance And Security Deposits
IncreaseDecreaseInRentsReceivedInAdvanceAndSecurityDeposits
1449000 usd
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
171000 usd
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
237000 usd
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
66336000 usd
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
32369000 usd
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
2848000 usd
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
8806000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
69184000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
41175000 usd
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
130500000 usd
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 usd
us-gaap Payments To Acquire And Develop Real Estate
PaymentsToAcquireAndDevelopRealEstate
39692000 usd
us-gaap Payments To Acquire And Develop Real Estate
PaymentsToAcquireAndDevelopRealEstate
49129000 usd
vre Payments To Develop Property And Other Related Costs
PaymentsToDevelopPropertyAndOtherRelatedCosts
67260000 usd
vre Payments To Develop Property And Other Related Costs
PaymentsToDevelopPropertyAndOtherRelatedCosts
165715000 usd
us-gaap Proceeds From Sale Of Buildings
ProceedsFromSaleOfBuildings
335288000 usd
us-gaap Proceeds From Sale Of Buildings
ProceedsFromSaleOfBuildings
42702000 usd
us-gaap Proceeds From Divestiture Of Interest In Joint Venture
ProceedsFromDivestitureOfInterestInJointVenture
0 usd
us-gaap Proceeds From Divestiture Of Interest In Joint Venture
ProceedsFromDivestitureOfInterestInJointVenture
3865000 usd
us-gaap Proceeds From Collection Of Loans Receivable
ProceedsFromCollectionOfLoansReceivable
2172000 usd
us-gaap Proceeds From Collection Of Loans Receivable
ProceedsFromCollectionOfLoansReceivable
494000 usd
us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
147000 usd
us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
629000 usd
vre Distributions In Excess Of Cumulative Earnings From Jvs
DistributionsInExcessOfCumulativeEarningsFromJvs
10361000 usd
vre Distributions In Excess Of Cumulative Earnings From Jvs
DistributionsInExcessOfCumulativeEarningsFromJvs
5656000 usd
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
110222000 usd
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-162756000 usd
us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
-2000 usd
us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
620772000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
110220000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
458016000 usd
us-gaap Proceeds From Unsecured Lines Of Credit
ProceedsFromUnsecuredLinesOfCredit
89000000 usd
us-gaap Proceeds From Unsecured Lines Of Credit
ProceedsFromUnsecuredLinesOfCredit
186000000 usd
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
128000000 usd
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
37000000 usd
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
0 usd
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
150000000 usd
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
0 usd
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
150000000 usd
us-gaap Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
0 usd
us-gaap Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
573727000 usd
vre Proceeds From Mortgages And Loans Payable
ProceedsFromMortgagesAndLoansPayable
154720000 usd
vre Proceeds From Mortgages And Loans Payable
ProceedsFromMortgagesAndLoansPayable
123707000 usd
vre Repayment Of Mortgages Loans Payable And Other Obligations
RepaymentOfMortgagesLoansPayableAndOtherObligations
240395000 usd
vre Repayment Of Mortgages Loans Payable And Other Obligations
RepaymentOfMortgagesLoansPayableAndOtherObligations
129907000 usd
vre Proceeds From Issuance Of Redeemable Noncontrolling Interests
ProceedsFromIssuanceOfRedeemableNoncontrollingInterests
-12000000 usd
vre Proceeds From Issuance Of Redeemable Noncontrolling Interests
ProceedsFromIssuanceOfRedeemableNoncontrollingInterests
0 usd
us-gaap Proceeds From Payments For Deposits Applied To Debt Retirements
ProceedsFromPaymentsForDepositsAppliedToDebtRetirements
-5140000 usd
us-gaap Proceeds From Payments For Deposits Applied To Debt Retirements
ProceedsFromPaymentsForDepositsAppliedToDebtRetirements
-49874000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
2653000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
550000 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
3026000 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
7339000 usd
us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
24000 usd
us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
197000 usd
us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
19274000 usd
us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
19413000 usd
us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
56000 usd
us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
469000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-166800000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-508375000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
12604000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-9184000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
51455000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
52302000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
64059000 usd
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
43118000 usd
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
19701000 usd
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
14207000 usd
CY2022Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
25702000 usd
CY2021Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
19809000 usd
CY2022Q3 vre General Partner Ownership Percentage
GeneralPartnerOwnershipPercentage
0.907
CY2021Q4 vre General Partner Ownership Percentage
GeneralPartnerOwnershipPercentage
0.910
CY2022Q3 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
37 property
CY2022Q3 vre Consolidated Joint Ventures Real Estate Assets
ConsolidatedJointVenturesRealEstateAssets
470800000 usd
CY2021Q4 vre Consolidated Joint Ventures Real Estate Assets
ConsolidatedJointVenturesRealEstateAssets
477500000 usd
CY2022Q3 vre Consolidated Joint Ventures Other Assets
ConsolidatedJointVenturesOtherAssets
6500000 usd
CY2021Q4 vre Consolidated Joint Ventures Other Assets
ConsolidatedJointVenturesOtherAssets
5300000 usd
CY2021Q4 vre Consolidated Joint Ventures Mortgages
ConsolidatedJointVenturesMortgages
285700000 usd
CY2022Q3 vre Consolidated Joint Ventures Other Liabilities
ConsolidatedJointVenturesOtherLiabilities
19500000 usd
CY2021Q4 vre Consolidated Joint Ventures Other Liabilities
ConsolidatedJointVenturesOtherLiabilities
21200000 usd
CY2022Q3 vre Capitalized Development Construction Salaries And Other Related Expenses
CapitalizedDevelopmentConstructionSalariesAndOtherRelatedExpenses
300000 usd
CY2021Q3 vre Capitalized Development Construction Salaries And Other Related Expenses
CapitalizedDevelopmentConstructionSalariesAndOtherRelatedExpenses
700000 usd
vre Capitalized Development Construction Salaries And Other Related Expenses
CapitalizedDevelopmentConstructionSalariesAndOtherRelatedExpenses
1200000 usd
vre Capitalized Development Construction Salaries And Other Related Expenses
CapitalizedDevelopmentConstructionSalariesAndOtherRelatedExpenses
1900000 usd
CY2022Q3 us-gaap Land And Land Improvements
LandAndLandImprovements
288326000 usd
CY2021Q4 us-gaap Land And Land Improvements
LandAndLandImprovements
341496000 usd
CY2022Q3 vre Development And Construction In Progress Including Land
DevelopmentAndConstructionInProgressIncludingLand
207980000 usd
CY2021Q4 vre Development And Construction In Progress Including Land
DevelopmentAndConstructionInProgressIncludingLand
694768000 usd
CY2022Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
496306000 usd
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1036264000 usd
CY2022Q3 vre Buildings And Improvements Net Of Accumulated Depreciation
BuildingsAndImprovementsNetOfAccumulatedDepreciation
116300000 usd
CY2021Q4 vre Buildings And Improvements Net Of Accumulated Depreciation
BuildingsAndImprovementsNetOfAccumulatedDepreciation
150900000 usd
CY2022Q3 us-gaap Land
Land
13600000 usd
CY2021Q4 us-gaap Land
Land
68800000 usd
vre Maximum Period After Cessation Of Major Construction Activity That Projects Are Considered Complete
MaximumPeriodAfterCessationOfMajorConstructionActivityThatProjectsAreConsideredComplete
P1Y
CY2022Q3 us-gaap Asset Acquisition Consideration Transferred Transaction Cost
AssetAcquisitionConsiderationTransferredTransactionCost
130308000 usd
vre Number Of Units In Real Estate Property In Service
NumberOfUnitsInRealEstatePropertyInService
750 apartmentunit
vre Real Estate In Service Development Costs
RealEstateInServiceDevelopmentCosts
485128000 usd
CY2022Q3 vre Unrealized Held For Sale Loss Allowance
UnrealizedHeldForSaleLossAllowance
5100000 usd
vre Unrealized Held For Sale Loss Allowance
UnrealizedHeldForSaleLossAllowance
9500000 usd
CY2022Q3 vre Investments In Equity Method Joint Ventures
InvestmentsInEquityMethodJointVentures
129600000 usd
CY2022Q3 vre Management Leasing Development And Other Services Fees
ManagementLeasingDevelopmentAndOtherServicesFees
800000 usd
CY2021Q3 vre Management Leasing Development And Other Services Fees
ManagementLeasingDevelopmentAndOtherServicesFees
900000 usd
CY2022Q3 us-gaap Due From Joint Ventures
DueFromJointVentures
200000 usd
CY2021Q4 us-gaap Due From Joint Ventures
DueFromJointVentures
200000 usd
CY2022Q3 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
129575000 usd
CY2021Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
137772000 usd
CY2022Q3 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
689074000 usd
CY2022Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-304000 usd
CY2021Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-1724000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1847000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-2831000 usd
vre Investment Tax Credit Period
InvestmentTaxCreditPeriod
P5Y
CY2022Q3 vre Equity Method Investment Amortization Of Basis Difference
EquityMethodInvestmentAmortizationOfBasisDifference
154000 usd
CY2021Q3 vre Equity Method Investment Amortization Of Basis Difference
EquityMethodInvestmentAmortizationOfBasisDifference
141000 usd
vre Equity Method Investment Amortization Of Basis Difference
EquityMethodInvestmentAmortizationOfBasisDifference
463000 usd
CY2022Q3 us-gaap Deferred Costs Leasing Gross
DeferredCostsLeasingGross
86089000 usd
CY2021Q4 us-gaap Deferred Costs Leasing Gross
DeferredCostsLeasingGross
88265000 usd
CY2022Q3 us-gaap Deferred Finance Costs Gross
DeferredFinanceCostsGross
6684000 usd
CY2021Q4 us-gaap Deferred Finance Costs Gross
DeferredFinanceCostsGross
6684000 usd
CY2022Q3 vre Deferred Costs Gross
DeferredCostsGross
92773000 usd
CY2021Q4 vre Deferred Costs Gross
DeferredCostsGross
94949000 usd
CY2022Q3 vre Accumulated Amortization Leasing And Financing Costs
AccumulatedAmortizationLeasingAndFinancingCosts
43583000 usd
CY2021Q4 vre Accumulated Amortization Leasing And Financing Costs
AccumulatedAmortizationLeasingAndFinancingCosts
40956000 usd
CY2022Q3 us-gaap Deferred Costs
DeferredCosts
49190000 usd
CY2021Q4 us-gaap Deferred Costs
DeferredCosts
53993000 usd
CY2022Q3 us-gaap Notes Receivable Net
NotesReceivableNet
2028000 usd
CY2021Q4 us-gaap Notes Receivable Net
NotesReceivableNet
4015000 usd
CY2022Q3 us-gaap Finite Lived Intangible Asset Acquired In Place Leases
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
13134000 usd
CY2021Q4 us-gaap Finite Lived Intangible Asset Acquired In Place Leases
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
42183000 usd
CY2022Q3 vre Assets Right Of Use
AssetsRightOfUse
2896000 usd
CY2021Q4 vre Assets Right Of Use
AssetsRightOfUse
22298000 usd
CY2022Q3 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
42533000 usd
CY2021Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
28858000 usd
CY2022Q3 us-gaap Other Assets
OtherAssets
109781000 usd
CY2021Q4 us-gaap Other Assets
OtherAssets
151347000 usd
CY2022Q3 vre Assets Right Of Use Liability
AssetsRightOfUseLiability
3200000 usd
CY2021Q4 vre Assets Right Of Use Liability
AssetsRightOfUseLiability
23700000 usd
us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
2500000 usd
CY2022Q3 us-gaap Security Deposit
SecurityDeposit
8961000 usd
CY2021Q4 us-gaap Security Deposit
SecurityDeposit
6884000 usd
CY2022Q3 us-gaap Escrow Deposit
EscrowDeposit
16741000 usd
CY2021Q4 us-gaap Escrow Deposit
EscrowDeposit
12817000 usd
CY2022Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
25702000 usd
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
19701000 usd
vre Number Of Properties With Encumbered Company Mortgages
NumberOfPropertiesWithEncumberedCompanyMortgages
22 property
CY2022Q3 vre Mortgage Property Carrying Value
MortgagePropertyCarryingValue
3600000000 usd
us-gaap Interest Paid
InterestPaid
59000000 usd
us-gaap Interest Paid
InterestPaid
66800000 usd
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
12200000 usd
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
23600000 usd
CY2022Q3 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
2266706000 usd
CY2022Q3 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.0412
CY2021Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
2389070000 usd
CY2021Q4 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.0360
vre Savings Retirement Plan Employee Minimum Subscription Rate
SavingsRetirementPlanEmployeeMinimumSubscriptionRate
0.01
vre Savings Retirement Plan Employee Maximum Subscription Rate
SavingsRetirementPlanEmployeeMaximumSubscriptionRate
0.60
vre Employee Pre Tax Contributions Vested Percent
EmployeePreTaxContributionsVestedPercent
1
vre Vesting Rate
VestingRate
0.20
vre Percent Vested After Total Service Period
PercentVestedAfterTotalServicePeriod
1
CY2022Q3 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
143000 usd
CY2021Q3 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
158000 usd
us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
473000 usd
us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
496000 usd
CY2022Q3 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
2100000000 usd
CY2021Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
2400000000 usd
CY2022Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
2200000000 usd
CY2021Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
2400000000 usd
CY2022Q3 vre Unrealized Held For Sale Loss Allowance
UnrealizedHeldForSaleLossAllowance
5100000 usd
vre Unrealized Held For Sale Loss Allowance
UnrealizedHeldForSaleLossAllowance
9500000 usd
CY2022Q3 vre Payments In Lieu Of Property Taxes
PaymentsInLieuOfPropertyTaxes
2275000 usd
CY2021Q3 vre Payments In Lieu Of Property Taxes
PaymentsInLieuOfPropertyTaxes
3126000 usd
vre Payments In Lieu Of Property Taxes
PaymentsInLieuOfPropertyTaxes
8243000 usd
vre Payments In Lieu Of Property Taxes
PaymentsInLieuOfPropertyTaxes
9654000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
48000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
192000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
192000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
199000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
199000 usd
CY2022Q3 vre Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
31864000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
32694000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
3215000 usd
CY2022Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
29479000 usd
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1695000 usd
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1702000 usd
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1721000 usd
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1728000 usd
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
1728000 usd
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
151253000 usd
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
159827000 usd
CY2021Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
136141000 usd
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
23686000 usd
CY2022Q3 vre Operating Lease Expense Including Sublease Rentals
OperatingLeaseExpenseIncludingSubleaseRentals
225000 usd
CY2021Q3 vre Operating Lease Expense Including Sublease Rentals
OperatingLeaseExpenseIncludingSubleaseRentals
533000 usd
vre Operating Lease Expense Including Sublease Rentals
OperatingLeaseExpenseIncludingSubleaseRentals
787000 usd
vre Operating Lease Expense Including Sublease Rentals
OperatingLeaseExpenseIncludingSubleaseRentals
1900000 usd
vre Operating Lease Number Of Units
OperatingLeaseNumberOfUnits
2 groundlease
CY2022Q3 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
22866000 usd
CY2022Q3 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
89746000 usd
CY2022Q3 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
81736000 usd
CY2022Q3 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
77367000 usd
CY2022Q3 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
74652000 usd
CY2022Q3 vre Lessor Operating Lease Payment To Be Received After Year Four
LessorOperatingLeasePaymentToBeReceivedAfterYearFour
382352000 usd
CY2022Q3 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
728719000 usd
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
115256000 usd
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
114355000 usd
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
98374000 usd
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
94042000 usd
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
91297000 usd
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
416712000 usd
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
930036000 usd
CY2022Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
vre Combined Aggregate Offering Price
CombinedAggregateOfferingPrice
200000000 usd
CY2022Q3 vre Atm Shares Issued
AtmSharesIssued
0 shares
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0 shares
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0 shares
us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2
P4Y9M18D
CY2021 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2
P5Y6M
CY2022Q3 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
323000 usd
CY2021Q3 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
253000 usd
us-gaap Stock Option Plan Expense
StockOptionPlanExpense
885000 usd
us-gaap Stock Option Plan Expense
StockOptionPlanExpense
591000 usd
vre Maximum Percentage Of Retainer Fee Directors May Elect To Defer To Stock Units
MaximumPercentageOfRetainerFeeDirectorsMayElectToDeferToStockUnits
1
CY2022Q3 vre Deferred Stock Units Shares Earned
DeferredStockUnitsSharesEarned
9607 shares
CY2021Q3 vre Deferred Stock Units Shares Earned
DeferredStockUnitsSharesEarned
5113 shares
vre Deferred Stock Units Shares Earned
DeferredStockUnitsSharesEarned
24024 shares
vre Deferred Stock Units Shares Earned
DeferredStockUnitsSharesEarned
13494 shares
CY2022Q3 vre Deferred Stock Units Outstanding
DeferredStockUnitsOutstanding
56589 shares
CY2021Q4 vre Deferred Stock Units Outstanding
DeferredStockUnitsOutstanding
37603 shares
CY2022Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-106948000 usd
CY2021Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-27446000 usd
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-73973000 usd
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-128202000 usd
CY2022Q3 us-gaap Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable
NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable
-726000 usd
CY2021Q3 us-gaap Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable
NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable
-1137000 usd
us-gaap Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable
NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable
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us-gaap Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable
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WeightedAverageNumberOfDilutedSharesOutstanding
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WeightedAverageNumberOfDilutedSharesOutstanding
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IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
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EarningsPerShareDiluted
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EarningsPerShareDiluted
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EarningsPerShareDiluted
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WeightedAverageNumberOfSharesOutstandingBasic
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WeightedAverageNumberOfSharesOutstandingBasic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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WeightedAverageNumberOfDilutedSharesOutstanding
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WeightedAverageNumberOfDilutedSharesOutstanding
100215000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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vre Rebalance Of Ownership Percentage
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ShareBasedCompensationArrangementByShareBasedPaymentAwardConversionRatio
1
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ShareBasedCompensationArrangementByShareBasedPaymentAwardConversionRatio
1
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us-gaap Number Of Reportable Segments
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Revenues
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Revenues
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Revenues
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Revenues
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OperatingAndInterestExpenses
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OperatingAndInterestExpenses
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OperatingAndInterestExpenses
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IncomeLossFromEquityMethodInvestments
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IncomeLossFromEquityMethodInvestments
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IncomeLossFromEquityMethodInvestments
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IncomeLossFromEquityMethodInvestments
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CY2022Q3 vre Segment Reporting Information Net Operating Income Loss For Reportable Segment
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SegmentReportingInformationNetOperatingIncomeLossForReportableSegment
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vre Segment Reporting Information Net Operating Income Loss For Reportable Segment
SegmentReportingInformationNetOperatingIncomeLossForReportableSegment
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22387000 usd
CY2022Q3 us-gaap Assets
Assets
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Assets
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CY2022Q3 vre Segment Reporting Information Net Operating Income Loss For Reportable Segment
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SegmentReportingInformationNetOperatingIncomeLossForReportableSegment
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22387000 usd
CY2022Q3 us-gaap Depreciation And Amortization
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DepreciationAndAmortization
28950000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
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us-gaap Depreciation And Amortization
DepreciationAndAmortization
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CY2022Q3 vre Impairment Of Property
ImpairmentOfProperty
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ImpairmentOfProperty
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ImpairmentOfProperty
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vre Impairment Of Property
ImpairmentOfProperty
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CY2022Q3 vre Impairment Of Land And Other
ImpairmentOfLandAndOther
2536000 usd
CY2021Q3 vre Impairment Of Land And Other
ImpairmentOfLandAndOther
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vre Impairment Of Land And Other
ImpairmentOfLandAndOther
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vre Impairment Of Land And Other
ImpairmentOfLandAndOther
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CY2022Q3 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
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GainLossOnDispositionOfAssets
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CY2022Q3 vre Gain Loss On Sale Of Realized And Unrealized Property Plant Equipment
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57748000 usd
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111000 usd
CY2022Q3 us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
0 usd
CY2021Q3 us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
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us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
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EquityMethodInvestmentRealizedGainLossOnDisposal
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CY2022Q3 us-gaap Extinguishment Of Debt Gain Loss Net Of Tax
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CY2022Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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CY2022Q3 us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
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CY2022Q3 us-gaap Profit Loss
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us-gaap Profit Loss
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CY2022Q3 vre Noncontrolling Interest In Discontinued Operations
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CY2022Q3 vre Noncontrolling Interest Redemption Value Adjustment Redeemable
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CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
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CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
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NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
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