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10-Q Filing

UDR, INC. CIK: 74208 Q1 2019
Filing Information
Form Type 10-Q
Accession Number 0000074208-19-000046
Period End Date 20190331
Filing Date 20190501
Fiscal Year 2019
Fiscal Period Q1
XBRL Instance c208-20190331.xml
Balance Sheet 75 line items
Line Item Tag Value Unit Period
Preferred stock, no par value PreferredStockNoParValue - USD Point-in-time
Preferred stock, no par value PreferredStockNoParValue - USD Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 50.00M shares Point-in-time
Real estate held for investment RealEstateInvestmentPropertyAtCost $10.20B USD Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 50.00M shares Point-in-time
Real estate held for investment RealEstateInvestmentPropertyAtCost $10.68B USD Point-in-time
Less: accumulated depreciation RealEstateInvestmentPropertyAccumulatedDepreciation $3.65B USD Point-in-time
Less: accumulated depreciation RealEstateInvestmentPropertyAccumulatedDepreciation $3.76B USD Point-in-time
Total real estate owned, net of accumulated depreciation RealEstateInvestmentPropertyNet $6.54B USD Point-in-time
Total real estate owned, net of accumulated depreciation RealEstateInvestmentPropertyNet $6.92B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $2.04M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $185.22M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $1.08M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $1.04M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $23.68M USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $19.79M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $19.77M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $23.11M USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 350.00M shares Point-in-time
Notes receivable, net NotesReceivableNet $42.26M USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 350.00M shares Point-in-time
Notes receivable, net NotesReceivableNet $36.97M USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 275.55M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 281.79M shares Point-in-time
Investment in and advances to unconsolidated joint ventures, net InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesFairValueDisclosure $749.10M USD Point-in-time
Investment in and advances to unconsolidated joint ventures, net InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesFairValueDisclosure $780.87M USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 281.79M shares Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $94.14M USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 275.55M shares Point-in-time
Other assets OtherAssets $134.90M USD Point-in-time
Other assets OtherAssets $137.71M USD Point-in-time
Total assets Assets $7.96B USD Point-in-time
Total assets Assets $7.71B USD Point-in-time
Secured debt, net SecuredDebt $601.23M USD Point-in-time
Secured debt, net SecuredDebt $599.80M USD Point-in-time
Unsecured debt, net UnsecuredDebt $2.95B USD Point-in-time
Unsecured debt, net UnsecuredDebt $2.99B USD Point-in-time
Operating lease liabilities OperatingLeaseLiability $88.22M USD Point-in-time
Real estate taxes payable AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent $27.20M USD Point-in-time
Real estate taxes payable AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent $20.61M USD Point-in-time
Accrued interest payable InterestPayableCurrentAndNoncurrent $38.75M USD Point-in-time
Accrued interest payable InterestPayableCurrentAndNoncurrent $29.40M USD Point-in-time
Security deposits and prepaid rent AdvanceRent $35.06M USD Point-in-time
Security deposits and prepaid rent AdvanceRent $36.33M USD Point-in-time
Distributions payable DividendsPayableCurrentAndNoncurrent $97.67M USD Point-in-time
Distributions payable DividendsPayableCurrentAndNoncurrent $105.55M USD Point-in-time
Distributions payable DividendsPayableCurrentAndNoncurrent $95.12M USD Point-in-time
Accounts payable, accrued expenses, and other liabilities AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $76.34M USD Point-in-time
Accounts payable, accrued expenses, and other liabilities AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $65.33M USD Point-in-time
Total liabilities Liabilities $3.82B USD Point-in-time
Total liabilities Liabilities $3.94B USD Point-in-time
Commitments and contingencies (Note 13) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (Note 13) CommitmentsAndContingencies - USD Point-in-time
Redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership RedeemableNoncontrollingInterestEquityCommonCarryingAmount $1.05B USD Point-in-time
Redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership RedeemableNoncontrollingInterestEquityCommonCarryingAmount $972.74M USD Point-in-time
Common stock, $0.01 par value; 350,000,000 shares authorized: 281,791,932 and 275,545,900 shares issued and outstanding at March 31, 2019 and December 31, 2018, respectively CommonStockValue $2.82M USD Point-in-time
Common stock, $0.01 par value; 350,000,000 shares authorized: 281,791,932 and 275,545,900 shares issued and outstanding at March 31, 2019 and December 31, 2018, respectively CommonStockValue $2.75M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $4.92B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $5.18B USD Point-in-time
Distributions in excess of net income AccumulatedDistributionsInExcessOfNetIncome $2.28B USD Point-in-time
Distributions in excess of net income AccumulatedDistributionsInExcessOfNetIncome $2.06B USD Point-in-time
Accumulated other comprehensive income/(loss), net AccumulatedOtherComprehensiveIncomeLossNetOfTax $-67.00K USD Point-in-time
Accumulated other comprehensive income/(loss), net AccumulatedOtherComprehensiveIncomeLossNetOfTax $-2.97M USD Point-in-time
Total stockholders equity StockholdersEquity $2.91B USD Point-in-time
Total stockholders equity StockholdersEquity $2.95B USD Point-in-time
Noncontrolling interests MinorityInterest $17.15M USD Point-in-time
Noncontrolling interests MinorityInterest $13.38M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.92B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.96B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.89B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.84B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $7.96B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $7.71B USD Point-in-time
Income Statement 56 line items
Line Item Tag Value Unit Period
Rental income OperatingLeaseLeaseIncome $250.48M USD 1 Quarter
Rental income OperatingLeaseLeaseIncome $267.92M USD 1 Quarter
Joint venture management and other fees RevenueFromContractWithCustomerExcludingAssessedTax $2.75M USD 1 Quarter
Joint venture management and other fees RevenueFromContractWithCustomerExcludingAssessedTax $2.82M USD 1 Quarter
Total revenues Revenues $270.67M USD 1 Quarter
Total revenues Revenues $253.31M USD 1 Quarter
Property operating and maintenance OperatingLeaseInitialDirectCostExpenseOverTerm $41.94M USD 1 Quarter
Property operating and maintenance OperatingLeaseInitialDirectCostExpenseOverTerm $40.59M USD 1 Quarter
Real estate taxes and insurance RealEstateTaxesAndInsurance $33.28M USD 1 Quarter
Real estate taxes and insurance RealEstateTaxesAndInsurance $36.30M USD 1 Quarter
Property management PropertyManagementCostsOperating $6.89M USD 1 Quarter
Property management PropertyManagementCostsOperating $7.70M USD 1 Quarter
Other operating expenses OtherCostAndExpenseOperating $5.65M USD 1 Quarter
Other operating expenses OtherCostAndExpenseOperating $2.01M USD 1 Quarter
Real estate depreciation and amortization DepreciationNonproduction $108.14M USD 1 Quarter
Real estate depreciation and amortization DepreciationNonproduction $112.47M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $11.76M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $12.47M USD 1 Quarter
Casualty-related charges/(recoveries), net CasualtyRelatedRecoveriesChargesnet $940.00K USD 1 Quarter
Other depreciation and amortization OtherDepreciationAndAmortization $1.69M USD 1 Quarter
Other depreciation and amortization OtherDepreciationAndAmortization $1.66M USD 1 Quarter
Total operating expenses CostsAndExpenses $218.18M USD 1 Quarter
Total operating expenses CostsAndExpenses $205.29M USD 1 Quarter
Gain/(loss) on sale of real estate owned GainLossOnSaleOfPropertiesBeforeApplicableIncomeTaxes $70.30M USD 1 Quarter
Operating income OperatingIncomeLoss $118.31M USD 1 Quarter
Operating income OperatingIncomeLoss $52.49M USD 1 Quarter
Income/(loss) from unconsolidated entities IncomeLossFromEquityMethodInvestments $49.00K USD 1 Quarter
Income/(loss) from unconsolidated entities IncomeLossFromEquityMethodInvestments $-1.68M USD 1 Quarter
Interest expense InterestExpenseDebt $33.54M USD 1 Quarter
Interest expense InterestExpenseDebt $29.94M USD 1 Quarter
Interest income and other income/(expense), net OtherNonoperatingIncomeExpense $9.81M USD 1 Quarter
Interest income and other income/(expense), net OtherNonoperatingIncomeExpense $2.76M USD 1 Quarter
Income/(loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $28.81M USD 1 Quarter
Income/(loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $89.45M USD 1 Quarter
Tax (provision)/benefit, net IncomeTaxExpenseBenefit $227.00K USD 1 Quarter
Tax (provision)/benefit, net IncomeTaxExpenseBenefit $2.21M USD 1 Quarter
Net income/(loss) ProfitLoss $89.22M USD 1 Quarter
Net income/(loss) ProfitLoss $26.60M USD 1 Quarter
Net (income)/loss attributable to redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership NetIncomeLossAttributableToRedeemableNoncontrollingInterest $7.39M USD 1 Quarter
Net (income)/loss attributable to redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership NetIncomeLossAttributableToRedeemableNoncontrollingInterest $2.06M USD 1 Quarter
Net (income)/loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $42.00K USD 1 Quarter
Net (income)/loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $79.00K USD 1 Quarter
Net income/(loss) attributable to UDR, Inc. NetIncomeLoss $81.76M USD 1 Quarter
Net income/(loss) attributable to UDR, Inc. NetIncomeLoss $24.50M USD 1 Quarter
Distributions to preferred stockholders Series E (Convertible) DividendsPreferredStock $955.00K USD 1 Quarter
Distributions to preferred stockholders Series E (Convertible) DividendsPreferredStock $1.01M USD 1 Quarter
Net income/(loss) attributable to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $23.49M USD 1 Quarter
Net income/(loss) attributable to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $80.80M USD 1 Quarter
Income/(loss) per weighted average common share - basic EarningsPerShareBasic $0.08 USD 1 Quarter
Income/(loss) per weighted average common share - basic EarningsPerShareBasic $0.30 USD 1 Quarter
Income/(loss) per weighted average common share - diluted EarningsPerShareDiluted $0.08 USD 1 Quarter
Income/(loss) per weighted average common share - diluted EarningsPerShareDiluted $0.30 USD 1 Quarter
Weighted average number of common shares outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic 267.55M shares 1 Quarter
Weighted average number of common shares outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic 277.00M shares 1 Quarter
Weighted average number of common shares outstanding diluted WeightedAverageNumberOfDilutedSharesOutstanding 277.56M shares 1 Quarter
Weighted average number of common shares outstanding diluted WeightedAverageNumberOfDilutedSharesOutstanding 269.21M shares 1 Quarter
Cash Flow Statement 81 line items
Line Item Tag Value Unit Period
Net income/(loss) ProfitLoss $89.22M USD 1 Quarter
Net income/(loss) ProfitLoss $26.60M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $109.83M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $114.12M USD 1 Quarter
(Gain)/loss on sale of real estate owned GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes $70.30M USD 1 Quarter
(Income)/loss from unconsolidated entities IncomeLossFromEquityMethodInvestments $49.00K USD 1 Quarter
(Income)/loss from unconsolidated entities IncomeLossFromEquityMethodInvestments $-1.68M USD 1 Quarter
Return on investment in unconsolidated joint ventures ReturnonInvestmentinEquityMethodinvestments $1.98M USD 1 Quarter
Return on investment in unconsolidated joint ventures ReturnonInvestmentinEquityMethodinvestments $678.00K USD 1 Quarter
Amortization of share-based compensation ShareBasedCompensation $5.94M USD 1 Quarter
Amortization of share-based compensation ShareBasedCompensation $3.50M USD 1 Quarter
Other OtherOperatingActivitiesCashFlowStatement $1.75M USD 1 Quarter
Other OtherOperatingActivitiesCashFlowStatement $3.91M USD 1 Quarter
(Increase)/decrease in operating assets IncreaseDecreaseInOperatingAssets $-2.29M USD 1 Quarter
(Increase)/decrease in operating assets IncreaseDecreaseInOperatingAssets $-3.56M USD 1 Quarter
Increase/(decrease) in operating liabilities IncreaseDecreaseInOperatingLiabilities $-7.66M USD 1 Quarter
Increase/(decrease) in operating liabilities IncreaseDecreaseInOperatingLiabilities $-17.46M USD 1 Quarter
Net cash provided by/(used in) operating activities NetCashProvidedByUsedInOperatingActivities $137.33M USD 1 Quarter
Net cash provided by/(used in) operating activities NetCashProvidedByUsedInOperatingActivities $132.26M USD 1 Quarter
Acquisition of real estate assets PaymentsToAcquireRealEstate $403.25M USD 1 Quarter
Proceeds from sales of real estate investments, net ProceedsFromSaleOfRealEstateHeldforinvestment $89.43M USD 1 Quarter
Development of real estate assets PaymentsToDevelopRealEstateAssets $63.72M USD 1 Quarter
Development of real estate assets PaymentsToDevelopRealEstateAssets $6.24M USD 1 Quarter
Capital expenditures and other major improvements real estate assets PaymentsForCapitalImprovements $14.77M USD 1 Quarter
Capital expenditures and other major improvements real estate assets PaymentsForCapitalImprovements $31.26M USD 1 Quarter
Capital expenditures non-real estate assets PaymentsToAcquireProductiveAssets $3.35M USD 1 Quarter
Capital expenditures non-real estate assets PaymentsToAcquireProductiveAssets $433.00K USD 1 Quarter
Investment in unconsolidated joint ventures PaymentsToAcquireInterestInSubsidiariesAndAffiliates $19.74M USD 1 Quarter
Investment in unconsolidated joint ventures PaymentsToAcquireInterestInSubsidiariesAndAffiliates $21.39M USD 1 Quarter
Distributions received from unconsolidated joint ventures ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $10.80M USD 1 Quarter
Distributions received from unconsolidated joint ventures ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $5.63M USD 1 Quarter
Purchase deposits on pending acquisitions PaymentsForDepositsOnPendingAcquisitions $-1.00M USD 1 Quarter
Purchase deposits on pending acquisitions PaymentsForDepositsOnPendingAcquisitions $-10.35M USD 1 Quarter
Repayment/(issuance) of notes receivable, net PaymentsForProceedsFromLoansReceivable $20.00M USD 1 Quarter
Repayment/(issuance) of notes receivable, net PaymentsForProceedsFromLoansReceivable $-5.29M USD 1 Quarter
Net cash provided by/(used in) investing activities NetCashProvidedByUsedInInvestingActivities $-459.75M USD 1 Quarter
Net cash provided by/(used in) investing activities NetCashProvidedByUsedInInvestingActivities $-24.59M USD 1 Quarter
Payments on secured debt RepaymentsOfSecuredDebt $962.00K USD 1 Quarter
Payments on secured debt RepaymentsOfSecuredDebt $1.17M USD 1 Quarter
Payments on unsecured debt RepaymentsOfUnsecuredDebt $25.00M USD 1 Quarter
Net proceeds/(repayment) of commercial paper ProceedsFromRepaymentsOfCommercialPaper $-11.12M USD 1 Quarter
Net proceeds/(repayment) of revolving bank debt ProceedsFromRepaymentsOfLinesOfCredit $54.29M USD 1 Quarter
Net proceeds/(repayment) of revolving bank debt ProceedsFromRepaymentsOfLinesOfCredit $35.94M USD 1 Quarter
Proceeds from the issuance of common shares through public offering, net ProceedsFromIssuanceOfCommonStock $192.18M USD 1 Quarter
Repurchase of common shares PaymentsForRepurchaseOfCommonStock $19.99M USD 1 Quarter
Distributions paid to redeemable noncontrolling interests PaymentsOfDividendsMinorityInterest $7.99M USD 1 Quarter
Distributions paid to redeemable noncontrolling interests PaymentsOfDividendsMinorityInterest $8.55M USD 1 Quarter
Distributions paid to preferred stockholders PaymentsOfDividendsPreferredStockAndPreferenceStock $915.00K USD 1 Quarter
Distributions paid to preferred stockholders PaymentsOfDividendsPreferredStockAndPreferenceStock $959.00K USD 1 Quarter
Distributions paid to common stockholders PaymentsOfDividendsCommonStock $88.91M USD 1 Quarter
Distributions paid to common stockholders PaymentsOfDividendsCommonStock $83.05M USD 1 Quarter
Other ProceedsFromPaymentsForOtherFinancingActivities $1.71M USD 1 Quarter
Other ProceedsFromPaymentsForOtherFinancingActivities $-6.47M USD 1 Quarter
Net cash provided by/(used in) financing activities NetCashProvidedByUsedInFinancingActivities $137.68M USD 1 Quarter
Net cash provided by/(used in) financing activities NetCashProvidedByUsedInFinancingActivities $-108.65M USD 1 Quarter
Net increase/(decrease) in cash, cash equivalents, and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $-977.00K USD 1 Quarter
Net increase/(decrease) in cash, cash equivalents, and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $-184.74M USD 1 Quarter
Cash, cash equivalents, and restricted cash, beginning of year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $24.15M USD Point-in-time
Cash, cash equivalents, and restricted cash, beginning of year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $208.89M USD Point-in-time
Cash, cash equivalents, and restricted cash, beginning of year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $20.85M USD Point-in-time
Cash, cash equivalents, and restricted cash, beginning of year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $21.83M USD Point-in-time
Cash, cash equivalents, and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $24.15M USD Point-in-time
Cash, cash equivalents, and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $208.89M USD Point-in-time
Cash, cash equivalents, and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $20.85M USD Point-in-time
Cash, cash equivalents, and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $21.83M USD Point-in-time
Interest paid during the period, net of amounts capitalized InterestPaidNet $44.27M USD 1 Quarter
Interest paid during the period, net of amounts capitalized InterestPaidNet $35.16M USD 1 Quarter
Cash paid/(refunds received) for income taxes IncomeTaxesPaidNet $-22.00K USD 1 Quarter
Cash paid/(refunds received) for income taxes IncomeTaxesPaidNet $241.00K USD 1 Quarter
Transfer of investment in and advances to unconsolidated joint ventures to real estate owned TransferToOtherRealEstate $40.43M USD 1 Quarter
Recognition of operating lease right-of-use assets RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability $94.35M USD 1 Quarter
Recognition of operating lease liabilities OperatingLeaseLiabilitiesIncurredWithRightOfUseAsset $88.34M USD 1 Quarter
Vesting of LTIP Units SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1 $4.40M USD 1 Quarter
Vesting of LTIP Units SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1 $14.34M USD 1 Quarter
Development costs and capital expenditures incurred but not yet paid CapitalExpendituresIncurredButNotYetPaid $10.74M USD 1 Quarter
Development costs and capital expenditures incurred but not yet paid CapitalExpendituresIncurredButNotYetPaid $39.75M USD 1 Quarter
Conversion of Operating Partnership and DownREIT Partnership noncontrolling interests to common stock (1,838,133 shares in 2019 and 303,498 shares in 2018) StockIssuedDuringPeriodValueConversionOfUnits $72.85M USD 1 Quarter
Conversion of Operating Partnership and DownREIT Partnership noncontrolling interests to common stock (1,838,133 shares in 2019 and 303,498 shares in 2018) StockIssuedDuringPeriodValueConversionOfUnits $11.70M USD 1 Quarter
Distributions declared but not yet paid DividendsPayableCurrentAndNoncurrent $97.67M USD Point-in-time
Distributions declared but not yet paid DividendsPayableCurrentAndNoncurrent $105.55M USD Point-in-time
Distributions declared but not yet paid DividendsPayableCurrentAndNoncurrent $95.12M USD Point-in-time
Stockholders Equity 32 line items
Line Item Tag Value Unit Period
Common distributions declared per share CommonStockDividendsPerShareDeclared $0.32 USD 1 Quarter
Common distributions declared per share CommonStockDividendsPerShareDeclared $0.34 USD 1 Quarter
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.92B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.96B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.89B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.84B USD Point-in-time
Net income/(loss) attributable to UDR, Inc. NetIncomeLoss $81.76M USD 1 Quarter
Net income/(loss) attributable to UDR, Inc. NetIncomeLoss $24.50M USD 1 Quarter
Net income/(loss) attributable to noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $-30.00K USD 1 Quarter
Net income/(loss) attributable to noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $-70.00K USD 1 Quarter
Contribution of noncontrolling interests in consolidated real estate NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest $125.00K USD 1 Quarter
Contribution of noncontrolling interests in consolidated real estate NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest $108.00K USD 1 Quarter
Repurchase of common shares StockRepurchasedDuringPeriodValue $19.99M USD 1 Quarter
Long Term Incentive Plan Unit grants/(vestings), net LongTermIncentivePlanUnitGrantsVestingsNet $-3.92M USD 1 Quarter
Long Term Incentive Plan Unit grants/(vestings), net LongTermIncentivePlanUnitGrantsVestingsNet $-1.42M USD 1 Quarter
Other comprehensive income/(loss) OtherComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $1.41M USD 1 Quarter
Other comprehensive income/(loss) OtherComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-2.90M USD 1 Quarter
Issuance/(forfeiture) of common and restricted shares, net StockIssuedDuringPeriodValueShareBasedCompensation $-4.15M USD 1 Quarter
Issuance/(forfeiture) of common and restricted shares, net StockIssuedDuringPeriodValueShareBasedCompensation $-1.50M USD 1 Quarter
Issuance of common shares through public offering, net StockIssuedDuringPeriodValueNewIssues $192.18M USD 1 Quarter
Adjustment for conversion of noncontrolling interest of unitholders in the Operating Partnership and DownREIT Partnership StockIssuedDuringPeriodValueConversionOfUnits $72.85M USD 1 Quarter
Adjustment for conversion of noncontrolling interest of unitholders in the Operating Partnership and DownREIT Partnership StockIssuedDuringPeriodValueConversionOfUnits $11.70M USD 1 Quarter
Common stock distributions declared ($0.3425, $0.3225 per share for the three months ended March 31, 2019 and 2018, respectively) DividendsCommonStockCash $96.56M USD 1 Quarter
Common stock distributions declared ($0.3425, $0.3225 per share for the three months ended March 31, 2019 and 2018, respectively) DividendsCommonStockCash $86.32M USD 1 Quarter
Preferred stock distributions declared-Series E ($0.3708, $0.3492 per share for the three months ended March 31, 2019 and 2018, respectively) PreferredStockDividendsIncomeStatementImpact $955.00K USD 1 Quarter
Preferred stock distributions declared-Series E ($0.3708, $0.3492 per share for the three months ended March 31, 2019 and 2018, respectively) PreferredStockDividendsIncomeStatementImpact $1.01M USD 1 Quarter
Adjustment to reflect redemption value of redeemable noncontrolling interests MinorityInterestChangeInRedemptionValue $68.22M USD 1 Quarter
Adjustment to reflect redemption value of redeemable noncontrolling interests MinorityInterestChangeInRedemptionValue $-144.20M USD 1 Quarter
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.92B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.96B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.89B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.84B USD Point-in-time
Comprehensive Income 14 line items
Line Item Tag Value Unit Period
Net income/(loss) ProfitLoss $89.22M USD 1 Quarter
Net income/(loss) ProfitLoss $26.60M USD 1 Quarter
Unrealized holding gain/(loss) OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $-2.21M USD 1 Quarter
Unrealized holding gain/(loss) OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $1.71M USD 1 Quarter
(Gain)/loss reclassified into earnings from other comprehensive income/(loss) OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax $172.00K USD 1 Quarter
(Gain)/loss reclassified into earnings from other comprehensive income/(loss) OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax $945.00K USD 1 Quarter
Other comprehensive income/(loss), including portion attributable to noncontrolling interests OtherComprehensiveIncomeLossNetOfTax $-3.15M USD 1 Quarter
Other comprehensive income/(loss), including portion attributable to noncontrolling interests OtherComprehensiveIncomeLossNetOfTax $1.54M USD 1 Quarter
Comprehensive income/(loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $23.45M USD 1 Quarter
Comprehensive income/(loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $90.76M USD 1 Quarter
Comprehensive (income)/loss attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $7.60M USD 1 Quarter
Comprehensive (income)/loss attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $1.85M USD 1 Quarter
Comprehensive income/(loss) attributable to UDR, Inc. ComprehensiveIncomeNetOfTax $83.16M USD 1 Quarter
Comprehensive income/(loss) attributable to UDR, Inc. ComprehensiveIncomeNetOfTax $21.60M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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