2024 Q3 Form 10-Q Financial Statement

#000092490124000044 Filed on July 24, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $68.18M $67.48M
YoY Change -4.63% -1.82%
Cost Of Revenue $2.129M $1.796M
YoY Change -22.47% -93.74%
Gross Profit $66.05M $65.68M
YoY Change -3.91% 63.97%
Gross Profit Margin 96.88% 97.34%
Selling, General & Admin $8.956M $8.975M
YoY Change -38.74% -6.33%
% of Gross Profit 13.56% 13.66%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $21.15M $20.31M
YoY Change -8.91% -13.27%
% of Gross Profit 32.02% 30.92%
Operating Expenses $30.12M $29.29M
YoY Change -20.4% -11.95%
Operating Profit $35.93M $36.39M
YoY Change 16.27% 435.84%
Interest Expense $21.51M $21.68M
YoY Change -9.31% -243.88%
% of Operating Profit 59.86% 59.57%
Other Income/Expense, Net -$310.0K -$250.0K
YoY Change 443.86% -98.01%
Pretax Income -$11.07M $1.492M
YoY Change -81.95% -105.57%
Income Tax $39.00K $176.0K
% Of Pretax Income 11.8%
Net Earnings -$9.692M $2.922M
YoY Change -82.32% -110.65%
Net Earnings / Revenue -14.22% 4.33%
Basic Earnings Per Share -$0.10 $0.03
Diluted Earnings Per Share -$0.10 $0.03
COMMON SHARES
Basic Shares Outstanding 92.89M shares 92.58M shares
Diluted Shares Outstanding 101.6M shares 102.0M shares

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $12.78M $18.40M
YoY Change -26.0% -95.37%
Cash & Equivalents $12.78M $18.40M
Short-Term Investments
Other Short-Term Assets $27.17M $25.78M
YoY Change -32.27% -31.27%
Inventory
Prepaid Expenses
Receivables $4.245M $3.803M
Other Receivables $0.00 $0.00
Total Short-Term Assets $44.20M $47.98M
YoY Change -33.9% -89.26%
LONG-TERM ASSETS
Property, Plant & Equipment $2.812B $2.829B
YoY Change -9.45% -10.51%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $113.6M $120.4M
YoY Change -5.2% -1.67%
Other Assets $26.61M $30.89M
YoY Change -3.71% -2.83%
Total Long-Term Assets $2.962B $2.990B
YoY Change -9.24% -10.11%
TOTAL ASSETS
Total Short-Term Assets $44.20M $47.98M
Total Long-Term Assets $2.962B $2.990B
Total Assets $3.006B $3.038B
YoY Change -9.73% -19.48%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $38.51M $40.12M
YoY Change -24.99% -12.1%
Accrued Expenses $11.82M $12.83M
YoY Change -10.79% -11.88%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $57.79M $59.32M
YoY Change -17.21% -1.57%
LONG-TERM LIABILITIES
Long-Term Debt $1.678B $1.687B
YoY Change -12.28% -7.36%
Other Long-Term Liabilities $10.99M $11.28M
YoY Change -30.93% -28.2%
Total Long-Term Liabilities $1.689B $1.698B
YoY Change -12.44% -7.54%
TOTAL LIABILITIES
Total Short-Term Liabilities $57.79M $59.32M
Total Long-Term Liabilities $1.689B $1.698B
Total Liabilities $1.747B $1.758B
YoY Change -12.6% -31.77%
SHAREHOLDERS EQUITY
Retained Earnings -$1.446B -$1.430B
YoY Change 2.69% 6.01%
Common Stock $929.0K $928.0K
YoY Change 0.98% 1.09%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.114B $1.132B
YoY Change
Total Liabilities & Shareholders Equity $3.006B $3.038B
YoY Change -9.73% -19.48%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income -$9.692M $2.922M
YoY Change -82.32% -110.65%
Depreciation, Depletion And Amortization $21.15M $20.31M
YoY Change -8.91% -13.27%
Cash From Operating Activities $13.93M $10.83M
YoY Change 56.33% -11.69%
INVESTING ACTIVITIES
Capital Expenditures $6.164M $4.083M
YoY Change 14.57% -28.12%
Acquisitions
YoY Change
Other Investing Activities $5.265M $76.25M
YoY Change -89.1% -79.28%
Cash From Investing Activities -$899.0K $72.17M
YoY Change -102.09% -80.09%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -21.49M -180.4M
YoY Change -95.07% 2392.02%
NET CHANGE
Cash From Operating Activities 13.93M 10.83M
Cash From Investing Activities -899.0K 72.17M
Cash From Financing Activities -21.49M -180.4M
Net Change In Cash -8.462M -97.42M
YoY Change -97.79% -126.51%
FREE CASH FLOW
Cash From Operating Activities $13.93M $10.83M
Capital Expenditures $6.164M $4.083M
Free Cash Flow $7.762M $6.750M
YoY Change 120.01% 2.47%

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us-gaap Stock Issued During Period Value Share Based Compensation
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StockIssuedDuringPeriodValueRestrictedStockAwardGross
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us-gaap Stock Issued During Period Value Share Based Compensation
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StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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us-gaap Amortization Of Financing Costs And Discounts
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us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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us-gaap Income Loss From Equity Method Investments
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Proceeds From Minority Shareholders
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us-gaap Payments To Minority Shareholders
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us-gaap Payments To Minority Shareholders
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
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RedemptionOfCommonUnitsForCommonStock
0 usd
CY2024Q2 vre General Partner Ownership Percentage
GeneralPartnerOwnershipPercentage
0.914
CY2023Q4 vre General Partner Ownership Percentage
GeneralPartnerOwnershipPercentage
0.914
CY2024Q2 vre Consolidated Joint Ventures Real Estate Assets
ConsolidatedJointVenturesRealEstateAssets
445800000 usd
CY2023Q4 vre Consolidated Joint Ventures Real Estate Assets
ConsolidatedJointVenturesRealEstateAssets
449800000 usd
CY2024Q2 vre Consolidated Joint Ventures Other Assets
ConsolidatedJointVenturesOtherAssets
6800000 usd
CY2023Q4 vre Consolidated Joint Ventures Other Assets
ConsolidatedJointVenturesOtherAssets
6700000 usd
CY2024Q2 vre Consolidated Joint Ventures Mortgages
ConsolidatedJointVenturesMortgages
285200000 usd
CY2023Q4 vre Consolidated Joint Ventures Mortgages
ConsolidatedJointVenturesMortgages
285200000 usd
CY2024Q2 vre Consolidated Joint Ventures Other Liabilities
ConsolidatedJointVenturesOtherLiabilities
15700000 usd
CY2023Q4 vre Consolidated Joint Ventures Other Liabilities
ConsolidatedJointVenturesOtherLiabilities
14700000 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-3337000 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
0 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-206134000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-99093000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-13648000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
376905000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
54579000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
47649000 usd
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
40931000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
424554000 usd
CY2023Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
26572000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
20867000 usd
CY2024Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
22533000 usd
CY2023Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
27614000 usd
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
1831000 usd
vre Redemption Of Common Units For Common Stock
RedemptionOfCommonUnitsForCommonStock
0 usd
CY2024Q2 vre General Partner Ownership Percentage
GeneralPartnerOwnershipPercentage
0.914
CY2023Q4 vre Consolidated Joint Ventures Real Estate Assets
ConsolidatedJointVenturesRealEstateAssets
449800000 usd
CY2024Q2 vre Consolidated Joint Ventures Other Assets
ConsolidatedJointVenturesOtherAssets
6800000 usd
CY2023Q4 vre Consolidated Joint Ventures Other Assets
ConsolidatedJointVenturesOtherAssets
6700000 usd
CY2024Q2 vre Consolidated Joint Ventures Mortgages
ConsolidatedJointVenturesMortgages
285200000 usd
CY2023Q4 vre Consolidated Joint Ventures Mortgages
ConsolidatedJointVenturesMortgages
285200000 usd
CY2024Q2 vre Consolidated Joint Ventures Other Liabilities
ConsolidatedJointVenturesOtherLiabilities
15700000 usd
CY2023Q4 vre Consolidated Joint Ventures Other Liabilities
ConsolidatedJointVenturesOtherLiabilities
14700000 usd
CY2024Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.06
CY2024Q2 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
6400000 usd
CY2023Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
5500000 usd
CY2024Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.06
CY2024Q2 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
6400000 usd
CY2023Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
5500000 usd
CY2023Q4 us-gaap Land Available For Sale
LandAvailableForSale
59464000 usd
CY2023Q4 vre Buildings And Improvements Available For Sale
BuildingsAndImprovementsAvailableForSale
9688000 usd
CY2023Q4 vre Rental Property Held For Sale Accumulated Depreciation
RentalPropertyHeldForSaleAccumulatedDepreciation
0 usd
CY2023Q4 us-gaap Land Available For Sale
LandAvailableForSale
59464000 usd
CY2023Q4 vre Buildings And Improvements Available For Sale
BuildingsAndImprovementsAvailableForSale
9688000 usd
CY2023Q4 vre Rental Property Held For Sale Accumulated Depreciation
RentalPropertyHeldForSaleAccumulatedDepreciation
0 usd
CY2023Q4 vre Cumulative Unrealized Loss On Real Estate Held For Sale
CumulativeUnrealizedLossOnRealEstateHeldForSale
10544000 usd
CY2023Q4 vre Rental Property Held For Sale Net
RentalPropertyHeldForSaleNet
58608000 usd
CY2024Q2 vre Investments In Equity Method Joint Ventures
InvestmentsInEquityMethodJointVentures
120000000 usd
CY2024Q2 vre Management Leasing Development And Other Services Fees
ManagementLeasingDevelopmentAndOtherServicesFees
800000 usd
CY2023Q2 vre Management Leasing Development And Other Services Fees
ManagementLeasingDevelopmentAndOtherServicesFees
500000 usd
vre Management Leasing Development And Other Services Fees
ManagementLeasingDevelopmentAndOtherServicesFees
1600000 usd
vre Management Leasing Development And Other Services Fees
ManagementLeasingDevelopmentAndOtherServicesFees
1400000 usd
CY2024Q2 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
120392000 usd
CY2023Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
117954000 usd
CY2024Q2 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
560076000 usd
CY2024Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2933000 usd
CY2023Q4 vre Rental Property Held For Sale Net
RentalPropertyHeldForSaleNet
58608000 usd
CY2023Q2 vre Management Leasing Development And Other Services Fees
ManagementLeasingDevelopmentAndOtherServicesFees
500000 usd
vre Management Leasing Development And Other Services Fees
ManagementLeasingDevelopmentAndOtherServicesFees
1600000 usd
vre Management Leasing Development And Other Services Fees
ManagementLeasingDevelopmentAndOtherServicesFees
1400000 usd
CY2024Q2 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
120392000 usd
CY2023Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
117954000 usd
CY2024Q2 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
560076000 usd
CY2024Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2933000 usd
CY2023Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2700000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
3187000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2633000 usd
CY2024Q2 vre Equity Method Investment Amortization Of Basis Difference
EquityMethodInvestmentAmortizationOfBasisDifference
154000 usd
CY2023Q2 vre Equity Method Investment Amortization Of Basis Difference
EquityMethodInvestmentAmortizationOfBasisDifference
154000 usd
vre Equity Method Investment Amortization Of Basis Difference
EquityMethodInvestmentAmortizationOfBasisDifference
309000 usd
vre Equity Method Investment Amortization Of Basis Difference
EquityMethodInvestmentAmortizationOfBasisDifference
309000 usd
CY2024Q2 us-gaap Deferred Costs Leasing Gross
DeferredCostsLeasingGross
4660000 usd
CY2023Q4 us-gaap Deferred Costs Leasing Gross
DeferredCostsLeasingGross
8324000 usd
CY2024Q2 us-gaap Deferred Finance Costs Gross
DeferredFinanceCostsGross
7543000 usd
CY2023Q4 us-gaap Deferred Finance Costs Gross
DeferredFinanceCostsGross
771000 usd
CY2024Q2 vre Deferred Costs Gross
DeferredCostsGross
12203000 usd
CY2023Q4 vre Deferred Costs Gross
DeferredCostsGross
9095000 usd
CY2024Q2 vre Accumulated Amortization Leasing And Financing Costs
AccumulatedAmortizationLeasingAndFinancingCosts
3849000 usd
CY2024Q2 us-gaap Deferred Costs
DeferredCosts
8354000 usd
CY2023Q4 us-gaap Deferred Costs
DeferredCosts
4032000 usd
CY2024Q2 us-gaap Finite Lived Intangible Asset Acquired In Place Leases
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
9734000 usd
CY2023Q4 us-gaap Finite Lived Intangible Asset Acquired In Place Leases
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
10034000 usd
CY2024Q2 vre Assets Right Of Use
AssetsRightOfUse
5659000 usd
CY2023Q4 vre Assets Right Of Use
AssetsRightOfUse
6161000 usd
CY2024Q2 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
25782000 usd
CY2023Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
33729000 usd
CY2024Q2 us-gaap Other Assets
OtherAssets
49529000 usd
CY2023Q4 us-gaap Other Assets
OtherAssets
53956000 usd
CY2024Q2 vre Assets Right Of Use Liability
AssetsRightOfUseLiability
7000000.0 usd
CY2023Q4 vre Assets Right Of Use Liability
AssetsRightOfUseLiability
7400000 usd
us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
1600000 usd
CY2023Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2700000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
3187000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2633000 usd
CY2024Q2 vre Equity Method Investment Amortization Of Basis Difference
EquityMethodInvestmentAmortizationOfBasisDifference
154000 usd
vre Equity Method Investment Amortization Of Basis Difference
EquityMethodInvestmentAmortizationOfBasisDifference
309000 usd
vre Equity Method Investment Amortization Of Basis Difference
EquityMethodInvestmentAmortizationOfBasisDifference
309000 usd
CY2024Q2 us-gaap Deferred Costs Leasing Gross
DeferredCostsLeasingGross
4660000 usd
CY2023Q4 us-gaap Deferred Costs Leasing Gross
DeferredCostsLeasingGross
8324000 usd
CY2024Q2 us-gaap Deferred Finance Costs Gross
DeferredFinanceCostsGross
7543000 usd
CY2023Q4 us-gaap Deferred Finance Costs Gross
DeferredFinanceCostsGross
771000 usd
CY2024Q2 vre Deferred Costs Gross
DeferredCostsGross
12203000 usd
CY2023Q4 vre Deferred Costs Gross
DeferredCostsGross
9095000 usd
CY2024Q2 vre Accumulated Amortization Leasing And Financing Costs
AccumulatedAmortizationLeasingAndFinancingCosts
3849000 usd
CY2023Q4 vre Accumulated Amortization Leasing And Financing Costs
AccumulatedAmortizationLeasingAndFinancingCosts
5063000 usd
CY2024Q2 us-gaap Deferred Costs
DeferredCosts
8354000 usd
CY2023Q4 us-gaap Deferred Costs
DeferredCosts
4032000 usd
CY2024Q2 us-gaap Finite Lived Intangible Asset Acquired In Place Leases
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
9734000 usd
CY2023Q4 us-gaap Finite Lived Intangible Asset Acquired In Place Leases
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
10034000 usd
CY2024Q2 vre Assets Right Of Use
AssetsRightOfUse
5659000 usd
CY2023Q4 vre Assets Right Of Use
AssetsRightOfUse
6161000 usd
CY2024Q2 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
25782000 usd
CY2023Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
33729000 usd
CY2024Q2 us-gaap Other Assets
OtherAssets
49529000 usd
CY2023Q4 us-gaap Other Assets
OtherAssets
53956000 usd
CY2024Q2 vre Assets Right Of Use Liability
AssetsRightOfUseLiability
7000000.0 usd
CY2023Q4 vre Assets Right Of Use Liability
AssetsRightOfUseLiability
7400000 usd
us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
1600000 usd
CY2024Q2 us-gaap Security Deposit
SecurityDeposit
10430000 usd
CY2023Q4 us-gaap Security Deposit
SecurityDeposit
9996000 usd
CY2024Q2 us-gaap Escrow Deposit
EscrowDeposit
12103000 usd
CY2023Q4 us-gaap Escrow Deposit
EscrowDeposit
16576000 usd
CY2024Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
22533000 usd
CY2023Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
26572000 usd
CY2024Q2 us-gaap Security Deposit
SecurityDeposit
10430000 usd
CY2023Q4 us-gaap Security Deposit
SecurityDeposit
9996000 usd
CY2024Q2 us-gaap Escrow Deposit
EscrowDeposit
12103000 usd
CY2023Q4 us-gaap Escrow Deposit
EscrowDeposit
16576000 usd
CY2024Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
22533000 usd
CY2023Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
26572000 usd
vre Number Of Properties With Encumbered Company Mortgages
NumberOfPropertiesWithEncumberedCompanyMortgages
14 property
vre Number Of Properties With Encumbered Company Mortgages
NumberOfPropertiesWithEncumberedCompanyMortgages
14 property
CY2024Q2 vre Mortgage Property Carrying Value
MortgagePropertyCarryingValue
2200000000 usd
CY2024Q2 us-gaap Interest Paid
InterestPaid
19900000 usd
CY2023Q2 us-gaap Interest Paid
InterestPaid
19600000 usd
CY2024Q2 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
0 usd
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
0 usd
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
0 usd
CY2023Q2 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
0 usd
CY2024Q2 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
1686954000 usd
CY2024Q2 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.0443
CY2023Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
1853897000 usd
CY2023Q4 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.0434
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
CY2024Q2 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
139000 usd
CY2024Q2 vre Mortgage Property Carrying Value
MortgagePropertyCarryingValue
2200000000 usd
CY2024Q2 us-gaap Interest Paid
InterestPaid
19900000 usd
CY2023Q2 us-gaap Interest Paid
InterestPaid
19600000 usd
us-gaap Interest Paid
InterestPaid
39300000 usd
us-gaap Interest Paid
InterestPaid
40100000 usd
CY2024Q2 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
0 usd
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
0 usd
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
0 usd
CY2023Q2 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
0 usd
CY2024Q2 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
1686954000 usd
CY2024Q2 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.0443
CY2023Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
1853897000 usd
CY2023Q4 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.0434
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
CY2024Q2 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
139000 usd
CY2023Q2 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
129000 usd
us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
290000 usd
us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
277000 usd
CY2024Q2 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
1600000000 usd
CY2023Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
1800000000 usd
CY2024Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1700000000 usd
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1900000000 usd
us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
0 usd
CY2024Q2 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
0 usd
CY2023Q2 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
3600000 usd
us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
7000000.0 usd
CY2024Q2 vre Payments In Lieu Of Property Taxes
PaymentsInLieuOfPropertyTaxes
2571000 usd
CY2023Q2 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
129000 usd
us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
290000 usd
us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
277000 usd
CY2024Q2 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
1600000000 usd
CY2023Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
1800000000 usd
CY2024Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1700000000 usd
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1900000000 usd
us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
0 usd
CY2024Q2 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
0 usd
CY2023Q2 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
3600000 usd
us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
7000000.0 usd
CY2024Q2 vre Payments In Lieu Of Property Taxes
PaymentsInLieuOfPropertyTaxes
2571000 usd
CY2023Q2 vre Payments In Lieu Of Property Taxes
PaymentsInLieuOfPropertyTaxes
1955000 usd
vre Payments In Lieu Of Property Taxes
PaymentsInLieuOfPropertyTaxes
4780000 usd
vre Payments In Lieu Of Property Taxes
PaymentsInLieuOfPropertyTaxes
4055000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
636000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1279000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1279000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1280000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
36415000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
29461000 usd
CY2024Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
6954000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1272000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1279000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1279000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1280000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
494000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
31447000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
37051000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
29700000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
7351000 usd
CY2024Q2 vre Operating Lease Expense Including Sublease Rentals
OperatingLeaseExpenseIncludingSubleaseRentals
629000 usd
CY2023Q2 vre Operating Lease Expense Including Sublease Rentals
OperatingLeaseExpenseIncludingSubleaseRentals
582000 usd
vre Operating Lease Expense Including Sublease Rentals
OperatingLeaseExpenseIncludingSubleaseRentals
1300000 usd
vre Operating Lease Expense Including Sublease Rentals
OperatingLeaseExpenseIncludingSubleaseRentals
847000 usd
vre Operating Lease Number Of Units
OperatingLeaseNumberOfUnits
2 groundlease
vre Operating Lease Number Of Units
OperatingLeaseNumberOfUnits
2 groundlease
CY2023Q2 vre Payments In Lieu Of Property Taxes
PaymentsInLieuOfPropertyTaxes
1955000 usd
vre Payments In Lieu Of Property Taxes
PaymentsInLieuOfPropertyTaxes
4780000 usd
vre Payments In Lieu Of Property Taxes
PaymentsInLieuOfPropertyTaxes
4055000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
636000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1279000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1279000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1280000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
494000 usd
CY2024Q2 vre Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
31447000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
36415000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
29461000 usd
CY2024Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
6954000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1272000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1279000 usd
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1279000 usd
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LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1280000 usd
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LesseeOperatingLeaseLiabilityPaymentsDueYearFive
494000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
31447000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
37051000 usd
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LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
29700000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
7351000 usd
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OperatingLeaseExpenseIncludingSubleaseRentals
629000 usd
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OperatingLeaseExpenseIncludingSubleaseRentals
582000 usd
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OperatingLeaseExpenseIncludingSubleaseRentals
1300000 usd
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OperatingLeaseExpenseIncludingSubleaseRentals
847000 usd
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OperatingLeaseNumberOfUnits
2 groundlease
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OperatingLeaseNumberOfUnits
2 groundlease
CY2023Q4 vre Combined Aggregate Offering Price
CombinedAggregateOfferingPrice
100000000 usd
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CombinedAggregateOfferingPrice
200000000 usd
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133759 shares
CY2023Q4 vre Combined Aggregate Offering Price
CombinedAggregateOfferingPrice
100000000 usd
CY2021Q4 vre Combined Aggregate Offering Price
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200000000 usd
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AtmSharesIssued
133759 shares
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1900000 usd
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
2330000 shares
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
2246666 shares
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StockIssuedDuringPeriodSharesStockOptionsExercised
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P3Y1M6D
CY2023 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Remaining Contractual Term2
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CY2024Q2 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
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StockOptionPlanExpense
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us-gaap Stock Option Plan Expense
StockOptionPlanExpense
429000 usd
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StockOptionPlanExpense
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CY2024Q2 vre Deferred Stock Units Shares Earned
DeferredStockUnitsSharesEarned
6951 shares
CY2023Q2 vre Deferred Stock Units Shares Earned
DeferredStockUnitsSharesEarned
5379 shares
vre Deferred Stock Units Shares Earned
DeferredStockUnitsSharesEarned
14060 shares
vre Deferred Stock Units Shares Earned
DeferredStockUnitsSharesEarned
12950 shares
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DeferredStockUnitsOutstanding
92035 shares
CY2023Q4 vre Deferred Stock Units Outstanding
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us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable
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NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable
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CY2024Q2 us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Nonredeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsNonredeemable
153000 usd
CY2023Q2 us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Nonredeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsNonredeemable
-2265000 usd
us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Nonredeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsNonredeemable
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NoncontrollingInterestInNetIncomeLossOperatingPartnershipsNonredeemable
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CY2024Q2 vre Noncontrolling Interest Redemption Value Adjustment Redeemable
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CY2023Q2 vre Noncontrolling Interest Redemption Value Adjustment Redeemable
NoncontrollingInterestRedemptionValueAdjustmentRedeemable
617000 usd
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NoncontrollingInterestRedemptionValueAdjustmentRedeemable
378000 usd
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NoncontrollingInterestRedemptionValueAdjustmentRedeemable
6983000 usd
CY2024Q2 vre Noncontrolling Interest Redemption Value Adjustment Redeemable Before Operating Partnership
NoncontrollingInterestRedemptionValueAdjustmentRedeemableBeforeOperatingPartnership
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CY2023Q2 vre Noncontrolling Interest Redemption Value Adjustment Redeemable Before Operating Partnership
NoncontrollingInterestRedemptionValueAdjustmentRedeemableBeforeOperatingPartnership
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NoncontrollingInterestRedemptionValueAdjustmentRedeemableBeforeOperatingPartnership
0 usd
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4516000 usd
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IncomeLossFromContinuingOperationsBasic
1625000 usd
CY2023Q2 vre Income Loss From Continuing Operations Basic
IncomeLossFromContinuingOperationsBasic
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
2330000 shares
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
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StockIssuedDuringPeriodSharesStockOptionsExercised
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CY2023 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2
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CY2024Q2 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
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StockOptionPlanExpense
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StockOptionPlanExpense
429000 usd
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StockOptionPlanExpense
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DeferredStockUnitsSharesEarned
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CY2023Q2 vre Deferred Stock Units Shares Earned
DeferredStockUnitsSharesEarned
5379 shares
vre Deferred Stock Units Shares Earned
DeferredStockUnitsSharesEarned
14060 shares
vre Deferred Stock Units Shares Earned
DeferredStockUnitsSharesEarned
12950 shares
CY2024Q2 vre Deferred Stock Units Outstanding
DeferredStockUnitsOutstanding
92035 shares
CY2023Q4 vre Deferred Stock Units Outstanding
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CY2024Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
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us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
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CY2024Q2 us-gaap Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable
NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable
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NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable
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us-gaap Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable
NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable
-1038000 usd
us-gaap Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable
NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable
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CY2024Q2 us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Nonredeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsNonredeemable
153000 usd
CY2023Q2 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
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NoncontrollingInterestInNetIncomeLossOperatingPartnershipsNonredeemable
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CY2024Q2 vre Noncontrolling Interest Redemption Value Adjustment Redeemable
NoncontrollingInterestRedemptionValueAdjustmentRedeemable
81000 usd
CY2023Q2 vre Noncontrolling Interest Redemption Value Adjustment Redeemable
NoncontrollingInterestRedemptionValueAdjustmentRedeemable
617000 usd
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NoncontrollingInterestRedemptionValueAdjustmentRedeemable
378000 usd
vre Noncontrolling Interest Redemption Value Adjustment Redeemable
NoncontrollingInterestRedemptionValueAdjustmentRedeemable
6983000 usd
CY2024Q2 vre Noncontrolling Interest Redemption Value Adjustment Redeemable Before Operating Partnership
NoncontrollingInterestRedemptionValueAdjustmentRedeemableBeforeOperatingPartnership
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CY2023Q2 vre Noncontrolling Interest Redemption Value Adjustment Redeemable Before Operating Partnership
NoncontrollingInterestRedemptionValueAdjustmentRedeemableBeforeOperatingPartnership
0 usd
vre Noncontrolling Interest Redemption Value Adjustment Redeemable Before Operating Partnership
NoncontrollingInterestRedemptionValueAdjustmentRedeemableBeforeOperatingPartnership
0 usd
vre Noncontrolling Interest Redemption Value Adjustment Redeemable Before Operating Partnership
NoncontrollingInterestRedemptionValueAdjustmentRedeemableBeforeOperatingPartnership
4516000 usd
CY2024Q2 vre Income Loss From Continuing Operations Basic
IncomeLossFromContinuingOperationsBasic
1625000 usd
CY2023Q2 vre Income Loss From Continuing Operations Basic
IncomeLossFromContinuingOperationsBasic
-23171000 usd
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IncomeLossFromContinuingOperationsBasic
-3923000 usd
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IncomeLossFromContinuingOperationsBasic
-50021000 usd
CY2024Q2 vre Income Loss From Discontinued Operations Available To Common Shareholders
IncomeLossFromDiscontinuedOperationsAvailableToCommonShareholders
1297000 usd
CY2023Q2 vre Income Loss From Discontinued Operations Available To Common Shareholders
IncomeLossFromDiscontinuedOperationsAvailableToCommonShareholders
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vre Income Loss From Discontinued Operations Available To Common Shareholders
IncomeLossFromDiscontinuedOperationsAvailableToCommonShareholders
2942000 usd
vre Income Loss From Discontinued Operations Available To Common Shareholders
IncomeLossFromDiscontinuedOperationsAvailableToCommonShareholders
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CY2024Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
2922000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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WeightedAverageNumberOfSharesOutstandingBasic
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CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
91873000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
92469000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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IncomeLossFromContinuingOperationsPerBasicShare
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IncomeLossFromContinuingOperationsBasic
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vre Income Loss From Continuing Operations Basic
IncomeLossFromContinuingOperationsBasic
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CY2024Q2 vre Income Loss From Discontinued Operations Available To Common Shareholders
IncomeLossFromDiscontinuedOperationsAvailableToCommonShareholders
1297000 usd
CY2023Q2 vre Income Loss From Discontinued Operations Available To Common Shareholders
IncomeLossFromDiscontinuedOperationsAvailableToCommonShareholders
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vre Income Loss From Discontinued Operations Available To Common Shareholders
IncomeLossFromDiscontinuedOperationsAvailableToCommonShareholders
2942000 usd
vre Income Loss From Discontinued Operations Available To Common Shareholders
IncomeLossFromDiscontinuedOperationsAvailableToCommonShareholders
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CY2024Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
2922000 usd
CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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CY2024Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
92663000 shares
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
92469000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
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NoncontrollingInterestInNetIncomeLossOperatingPartnershipsNonredeemable
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us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Nonredeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsNonredeemable
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NoncontrollingInterestInNetIncomeLossOperatingPartnershipsNonredeemable
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NoncontrollingInterestRedemptionValueAdjustmentRedeemableInOperatingPartnership
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us-gaap Net Income Loss From Discontinued Operations Available To Common Shareholders Diluted
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CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
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us-gaap Net Income Loss Available To Common Stockholders Diluted
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us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Nonredeemable
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NoncontrollingInterestRedemptionValueAdjustmentRedeemableInOperatingPartnership
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us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Diluted
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us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Diluted
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersDiluted
-55024000 usd
CY2024Q2 us-gaap Net Income Loss From Discontinued Operations Available To Common Shareholders Diluted
NetIncomeLossFromDiscontinuedOperationsAvailableToCommonShareholdersDiluted
1419000 usd
CY2023Q2 us-gaap Net Income Loss From Discontinued Operations Available To Common Shareholders Diluted
NetIncomeLossFromDiscontinuedOperationsAvailableToCommonShareholdersDiluted
-4680000 usd
us-gaap Net Income Loss From Discontinued Operations Available To Common Shareholders Diluted
NetIncomeLossFromDiscontinuedOperationsAvailableToCommonShareholdersDiluted
3219000 usd
us-gaap Net Income Loss From Discontinued Operations Available To Common Shareholders Diluted
NetIncomeLossFromDiscontinuedOperationsAvailableToCommonShareholdersDiluted
-2078000 usd
CY2024Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
3197000 usd
CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-30116000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-1074000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-57102000 usd
CY2024Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
101952000 shares
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
100854000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
101160000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
100691000 shares
CY2024Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.02
CY2023Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.25
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.04
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.54
CY2024Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.01
CY2023Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.05
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.03
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.02
CY2024Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.03
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.30
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.01
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.56
CY2024Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
92663000 shares
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
91873000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
92469000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
91551000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
101160000 shares
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.02
CY2024Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.03
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.30
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.01
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.56
CY2024Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
92663000 shares
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
91873000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
92469000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
91551000 shares
CY2024Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
101952000 shares
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
100854000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
101160000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
100691000 shares
vre Rebalance Of Ownership Percentage
RebalanceOfOwnershipPercentage
100000 usd
vre Redemption Of Common Units Shares
RedemptionOfCommonUnitsShares
9230 shares
vre Proceeds From Redemption Of Common Units
ProceedsFromRedemptionOfCommonUnits
113000 usd
CY2024Q2 vre Number Of Common Shares Received Upon Redemption Of Common Units
NumberOfCommonSharesReceivedUponRedemptionOfCommonUnits
1 shares
vre Share Based Compensation Arrangement By Share Based Payment Award Conversion Ratio
ShareBasedCompensationArrangementByShareBasedPaymentAwardConversionRatio
1
vre Share Based Compensation Arrangement By Share Based Payment Award Conversion Ratio
ShareBasedCompensationArrangementByShareBasedPaymentAwardConversionRatio
1
vre Share Based Compensation Arrangement By Share Based Payment Award Conversion Ratio
ShareBasedCompensationArrangementByShareBasedPaymentAwardConversionRatio
1
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
100691000 shares
vre Rebalance Of Ownership Percentage
RebalanceOfOwnershipPercentage
100000 usd
vre Redemption Of Common Units Shares
RedemptionOfCommonUnitsShares
9230 shares
vre Proceeds From Redemption Of Common Units
ProceedsFromRedemptionOfCommonUnits
113000 usd
CY2024Q2 vre Number Of Common Shares Received Upon Redemption Of Common Units
NumberOfCommonSharesReceivedUponRedemptionOfCommonUnits
1 shares
vre Share Based Compensation Arrangement By Share Based Payment Award Conversion Ratio
ShareBasedCompensationArrangementByShareBasedPaymentAwardConversionRatio
1
vre Share Based Compensation Arrangement By Share Based Payment Award Conversion Ratio
ShareBasedCompensationArrangementByShareBasedPaymentAwardConversionRatio
1
vre Share Based Compensation Arrangement By Share Based Payment Award Conversion Ratio
ShareBasedCompensationArrangementByShareBasedPaymentAwardConversionRatio
1

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