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10-Q Filing

UDR, INC. CIK: 74208 Q2 2019
Filing Information
Form Type 10-Q
Accession Number 0000074208-19-000064
Period End Date 20190630
Filing Date 20190731
Fiscal Year 2019
Fiscal Period Q2
XBRL Instance c208-20190630x10q_htm.xml
Balance Sheet 77 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
Real estate held for investment RealEstateInvestmentPropertyAtCost $10.20B USD Point-in-time
Real estate held for investment RealEstateInvestmentPropertyAtCost $11.01B USD Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 50.00M shares Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 50.00M shares Point-in-time
Less: accumulated depreciation RealEstateInvestmentPropertyAccumulatedDepreciation $3.88B USD Point-in-time
Less: accumulated depreciation RealEstateInvestmentPropertyAccumulatedDepreciation $3.65B USD Point-in-time
Total real estate owned, net of accumulated depreciation RealEstateInvestmentPropertyNet $7.13B USD Point-in-time
Total real estate owned, net of accumulated depreciation RealEstateInvestmentPropertyNet $6.54B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $185.22M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $1.05M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $2.04M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $981.00K USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $23.68M USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $23.04M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $19.79M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $29.86M USD Point-in-time
Notes receivable, net NotesReceivableNet $42.26M USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 350.00M shares Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 350.00M shares Point-in-time
Notes receivable, net NotesReceivableNet $37.49M USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 283.10M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 275.55M shares Point-in-time
Investment in and advances to unconsolidated joint ventures, net InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesFairValueDisclosure $769.00M 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 283.10M shares Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $93.94M USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 275.55M shares Point-in-time
Other assets OtherAssets $140.19M USD Point-in-time
Other assets OtherAssets $137.71M USD Point-in-time
Total assets Assets $8.20B 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 $598.39M USD Point-in-time
Unsecured debt, net UnsecuredDebt $3.27B USD Point-in-time
Unsecured debt, net UnsecuredDebt $2.95B USD Point-in-time
Operating lease liabilities OperatingLeaseLiability $88.10M USD Point-in-time
Real estate taxes payable AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent $23.92M USD Point-in-time
Real estate taxes payable AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent $20.61M USD Point-in-time
Accrued interest payable InterestPayableCurrentAndNoncurrent $42.03M USD Point-in-time
Accrued interest payable InterestPayableCurrentAndNoncurrent $38.75M USD Point-in-time
Security deposits and prepaid rent AdvanceRent $35.06M USD Point-in-time
Security deposits and prepaid rent AdvanceRent $35.22M USD Point-in-time
Distributions payable DividendsPayableCurrentAndNoncurrent $105.61M USD Point-in-time
Distributions payable DividendsPayableCurrentAndNoncurrent $95.13M USD Point-in-time
Distributions payable DividendsPayableCurrentAndNoncurrent $97.67M USD Point-in-time
Accounts payable, accrued expenses, and other liabilities AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $63.25M USD Point-in-time
Accounts payable, accrued expenses, and other liabilities AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $76.34M USD Point-in-time
Total liabilities Liabilities $3.82B USD Point-in-time
Total liabilities Liabilities $4.23B 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 $972.74M USD Point-in-time
Redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership RedeemableNoncontrollingInterestEquityCommonCarryingAmount $1.00B USD Point-in-time
Common stock, $0.01 par value; 350,000,000 shares authorized: 283,104,643 and 275,545,900 shares issued and outstanding at June 30, 2019 and December 31, 2018, respectively CommonStockValue $2.75M USD Point-in-time
Common stock, $0.01 par value; 350,000,000 shares authorized: 283,104,643 and 275,545,900 shares issued and outstanding at June 30, 2019 and December 31, 2018, respectively CommonStockValue $2.83M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $5.24B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $4.92B USD Point-in-time
Distributions in excess of net income AccumulatedDistributionsInExcessOfNetIncome $2.06B USD Point-in-time
Distributions in excess of net income AccumulatedDistributionsInExcessOfNetIncome $2.34B USD Point-in-time
Accumulated other comprehensive income/(loss), net AccumulatedOtherComprehensiveIncomeLossNetOfTax $-67.00K USD Point-in-time
Accumulated other comprehensive income/(loss), net AccumulatedOtherComprehensiveIncomeLossNetOfTax $-7.84M USD Point-in-time
Total stockholders' equity StockholdersEquity $2.95B USD Point-in-time
Total stockholders' equity StockholdersEquity $2.91B USD Point-in-time
Noncontrolling interests MinorityInterest $18.61M USD Point-in-time
Noncontrolling interests MinorityInterest $17.15M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.89B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.96B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.77B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.97B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.92B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.84B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $8.20B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $7.71B USD Point-in-time
Income Statement 115 line items
Line Item Tag Value Unit Period
Rental income OperatingLeaseLeaseIncome $256.63M USD 1 Quarter
Rental income OperatingLeaseLeaseIncome $278.46M USD 1 Quarter
Rental income OperatingLeaseLeaseIncome $546.38M USD 2 Qtrs
Rental income OperatingLeaseLeaseIncome $507.12M USD 2 Qtrs
Joint venture management and other fees RevenueFromContractWithCustomerExcludingAssessedTax $2.85M USD 1 Quarter
Joint venture management and other fees RevenueFromContractWithCustomerExcludingAssessedTax $5.93M USD 2 Qtrs
Joint venture management and other fees RevenueFromContractWithCustomerExcludingAssessedTax $3.11M USD 1 Quarter
Joint venture management and other fees RevenueFromContractWithCustomerExcludingAssessedTax $5.60M USD 2 Qtrs
Total revenues Revenues $551.98M USD 2 Qtrs
Total revenues Revenues $513.05M USD 2 Qtrs
Total revenues Revenues $259.74M USD 1 Quarter
Total revenues Revenues $281.31M USD 1 Quarter
Property operating and maintenance DirectCostsOfLeasedAndRentedPropertyOrEquipment $41.45M USD 1 Quarter
Property operating and maintenance DirectCostsOfLeasedAndRentedPropertyOrEquipment $84.83M USD 2 Qtrs
Property operating and maintenance DirectCostsOfLeasedAndRentedPropertyOrEquipment $42.89M USD 1 Quarter
Property operating and maintenance DirectCostsOfLeasedAndRentedPropertyOrEquipment $82.04M USD 2 Qtrs
Real estate taxes and insurance RealEstateTaxesAndInsurance $72.13M USD 2 Qtrs
Real estate taxes and insurance RealEstateTaxesAndInsurance $35.83M USD 1 Quarter
Real estate taxes and insurance RealEstateTaxesAndInsurance $31.91M USD 1 Quarter
Real estate taxes and insurance RealEstateTaxesAndInsurance $65.19M USD 2 Qtrs
Property management PropertyManagementCostsOperating $8.01M USD 1 Quarter
Property management PropertyManagementCostsOperating $7.06M USD 1 Quarter
Property management PropertyManagementCostsOperating $15.71M USD 2 Qtrs
Property management PropertyManagementCostsOperating $13.95M USD 2 Qtrs
Other operating expenses OtherCostAndExpenseOperating $2.83M USD 1 Quarter
Other operating expenses OtherCostAndExpenseOperating $2.73M USD 1 Quarter
Other operating expenses OtherCostAndExpenseOperating $8.38M USD 2 Qtrs
Other operating expenses OtherCostAndExpenseOperating $4.83M USD 2 Qtrs
Real estate depreciation and amortization DepreciationNonproduction $230.40M USD 2 Qtrs
Real estate depreciation and amortization DepreciationNonproduction $214.66M USD 2 Qtrs
Real estate depreciation and amortization DepreciationNonproduction $106.52M USD 1 Quarter
Real estate depreciation and amortization DepreciationNonproduction $117.93M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $24.13M USD 2 Qtrs
General and administrative GeneralAndAdministrativeExpense $12.34M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $12.37M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $24.80M USD 2 Qtrs
Casualty-related charges/(recoveries), net CasualtyRelatedRecoveriesChargesnet $746.00K USD 1 Quarter
Casualty-related charges/(recoveries), net CasualtyRelatedRecoveriesChargesnet $246.00K USD 2 Qtrs
Casualty-related charges/(recoveries), net CasualtyRelatedRecoveriesChargesnet $1.69M USD 2 Qtrs
Casualty-related charges/(recoveries), net CasualtyRelatedRecoveriesChargesnet $246.00K USD 1 Quarter
Other depreciation and amortization OtherDepreciationAndAmortization $3.38M USD 2 Qtrs
Other depreciation and amortization OtherDepreciationAndAmortization $1.68M USD 1 Quarter
Other depreciation and amortization OtherDepreciationAndAmortization $1.68M USD 1 Quarter
Other depreciation and amortization OtherDepreciationAndAmortization $3.33M USD 2 Qtrs
Total operating expenses CostsAndExpenses $439.84M USD 2 Qtrs
Total operating expenses CostsAndExpenses $409.86M USD 2 Qtrs
Total operating expenses CostsAndExpenses $221.66M USD 1 Quarter
Total operating expenses CostsAndExpenses $204.56M USD 1 Quarter
Gain/(loss) on sale of real estate owned GainLossOnSaleOfPropertiesBeforeApplicableIncomeTaxes $70.30M USD 2 Qtrs
Gain/(loss) on sale of real estate owned GainLossOnSaleOfPropertiesBeforeApplicableIncomeTaxes $5.28M USD 1 Quarter
Gain/(loss) on sale of real estate owned GainLossOnSaleOfPropertiesBeforeApplicableIncomeTaxes $5.28M USD 2 Qtrs
Operating income OperatingIncomeLoss $117.42M USD 2 Qtrs
Operating income OperatingIncomeLoss $55.18M USD 1 Quarter
Operating income OperatingIncomeLoss $173.49M USD 2 Qtrs
Operating income OperatingIncomeLoss $64.92M USD 1 Quarter
Income/(loss) from unconsolidated entities IncomeLossFromEquityMethodInvestments $-3.71M USD 2 Qtrs
Income/(loss) from unconsolidated entities IncomeLossFromEquityMethodInvestments $6.62M USD 1 Quarter
Income/(loss) from unconsolidated entities IncomeLossFromEquityMethodInvestments $6.67M USD 2 Qtrs
Income/(loss) from unconsolidated entities IncomeLossFromEquityMethodInvestments $-2.03M USD 1 Quarter
Interest expense InterestExpenseDebt $67.96M USD 2 Qtrs
Interest expense InterestExpenseDebt $34.42M USD 1 Quarter
Interest expense InterestExpenseDebt $31.60M USD 1 Quarter
Interest expense InterestExpenseDebt $61.54M USD 2 Qtrs
Interest income and other income/(expense), net OtherNonoperatingIncomeExpense $1.13M USD 1 Quarter
Interest income and other income/(expense), net OtherNonoperatingIncomeExpense $1.31M USD 1 Quarter
Interest income and other income/(expense), net OtherNonoperatingIncomeExpense $11.12M USD 2 Qtrs
Interest income and other income/(expense), net OtherNonoperatingIncomeExpense $3.89M USD 2 Qtrs
Income/(loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $67.26M USD 2 Qtrs
Income/(loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $38.44M USD 1 Quarter
Income/(loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $112.13M USD 2 Qtrs
Income/(loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $22.68M USD 1 Quarter
Tax (provision)/benefit, net IncomeTaxExpenseBenefit $460.00K USD 2 Qtrs
Tax (provision)/benefit, net IncomeTaxExpenseBenefit $233.00K USD 1 Quarter
Tax (provision)/benefit, net IncomeTaxExpenseBenefit $125.00K USD 1 Quarter
Tax (provision)/benefit, net IncomeTaxExpenseBenefit $2.34M USD 2 Qtrs
Net income/(loss) ProfitLoss $64.92M USD 2 Qtrs
Net income/(loss) ProfitLoss $111.67M USD 2 Qtrs
Net income/(loss) ProfitLoss $22.44M USD 1 Quarter
Net income/(loss) ProfitLoss $38.32M USD 1 Quarter
Net (income)/loss attributable to redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership NetIncomeLossAttributableToRedeemableNoncontrollingInterest $4.71M USD 2 Qtrs
Net (income)/loss attributable to redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership NetIncomeLossAttributableToRedeemableNoncontrollingInterest $1.81M USD 1 Quarter
Net (income)/loss attributable to redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership NetIncomeLossAttributableToRedeemableNoncontrollingInterest $9.20M USD 2 Qtrs
Net (income)/loss attributable to redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership NetIncomeLossAttributableToRedeemableNoncontrollingInterest $2.65M USD 1 Quarter
Net (income)/loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $30.00K USD 1 Quarter
Net (income)/loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $109.00K USD 2 Qtrs
Net (income)/loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $89.00K USD 2 Qtrs
Net (income)/loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $47.00K USD 1 Quarter
Net income/(loss) attributable to UDR, Inc. NetIncomeLoss $35.62M USD 1 Quarter
Net income/(loss) attributable to UDR, Inc. NetIncomeLoss $60.12M USD 2 Qtrs
Net income/(loss) attributable to UDR, Inc. NetIncomeLoss $20.60M USD 1 Quarter
Net income/(loss) attributable to UDR, Inc. NetIncomeLoss $102.36M USD 2 Qtrs
Distributions to preferred stockholders - Series E (Convertible) DividendsPreferredStock $1.93M USD 2 Qtrs
Distributions to preferred stockholders - Series E (Convertible) DividendsPreferredStock $971.00K USD 1 Quarter
Distributions to preferred stockholders - Series E (Convertible) DividendsPreferredStock $1.03M USD 1 Quarter
Distributions to preferred stockholders - Series E (Convertible) DividendsPreferredStock $2.04M USD 2 Qtrs
Net income/(loss) attributable to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $100.43M USD 2 Qtrs
Net income/(loss) attributable to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $58.08M USD 2 Qtrs
Net income/(loss) attributable to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $34.59M USD 1 Quarter
Net income/(loss) attributable to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $19.63M USD 1 Quarter
Income/(loss) per weighted average common share - basic EarningsPerShareBasic $0.07 USD 1 Quarter
Income/(loss) per weighted average common share - basic EarningsPerShareBasic $0.38 USD 2 Qtrs
Income/(loss) per weighted average common share - basic EarningsPerShareBasic $0.21 USD 2 Qtrs
Income/(loss) per weighted average common share - basic EarningsPerShareBasic $0.12 USD 1 Quarter
Income/(loss) per weighted average common share - diluted EarningsPerShareDiluted $0.12 USD 1 Quarter
Income/(loss) per weighted average common share - diluted EarningsPerShareDiluted $0.37 USD 2 Qtrs
Income/(loss) per weighted average common share - diluted EarningsPerShareDiluted $0.07 USD 1 Quarter
Income/(loss) per weighted average common share - diluted EarningsPerShareDiluted $0.21 USD 2 Qtrs
Weighted average number of common shares outstanding - Basic WeightedAverageNumberOfSharesOutstandingBasic 281.96M shares 1 Quarter
Weighted average number of common shares outstanding - Basic WeightedAverageNumberOfSharesOutstandingBasic 267.43M shares 2 Qtrs
Weighted average number of common shares outstanding - Basic WeightedAverageNumberOfSharesOutstandingBasic 267.31M shares 1 Quarter
Weighted average number of common shares outstanding - Basic WeightedAverageNumberOfSharesOutstandingBasic 279.49M shares 2 Qtrs
Weighted average number of common shares outstanding - diluted WeightedAverageNumberOfDilutedSharesOutstanding 269.00M shares 2 Qtrs
Weighted average number of common shares outstanding - diluted WeightedAverageNumberOfDilutedSharesOutstanding 268.89M shares 1 Quarter
Weighted average number of common shares outstanding - diluted WeightedAverageNumberOfDilutedSharesOutstanding 280.08M shares 2 Qtrs
Weighted average number of common shares outstanding - diluted WeightedAverageNumberOfDilutedSharesOutstanding 282.57M shares 1 Quarter
Cash Flow Statement 90 line items
Line Item Tag Value Unit Period
Net income/(loss) ProfitLoss $64.92M USD 2 Qtrs
Net income/(loss) ProfitLoss $111.67M USD 2 Qtrs
Net income/(loss) ProfitLoss $22.44M USD 1 Quarter
Net income/(loss) ProfitLoss $38.32M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $233.74M USD 2 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $218.03M USD 2 Qtrs
(Gain)/loss on sale of real estate owned GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes $5.28M USD 2 Qtrs
(Gain)/loss on sale of real estate owned GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes $70.30M USD 2 Qtrs
(Gain)/loss on sale of real estate owned GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes $5.28M USD 1 Quarter
(Income)/loss from unconsolidated entities IncomeLossFromEquityMethodInvestments $-3.71M USD 2 Qtrs
(Income)/loss from unconsolidated entities IncomeLossFromEquityMethodInvestments $6.62M USD 1 Quarter
(Income)/loss from unconsolidated entities IncomeLossFromEquityMethodInvestments $6.67M USD 2 Qtrs
(Income)/loss from unconsolidated entities IncomeLossFromEquityMethodInvestments $-2.03M USD 1 Quarter
Return on investment in unconsolidated joint ventures ReturnonInvestmentinEquityMethodinvestments $3.08M USD 2 Qtrs
Return on investment in unconsolidated joint ventures ReturnonInvestmentinEquityMethodinvestments $1.37M USD 2 Qtrs
Amortization of share-based compensation ShareBasedCompensation $10.32M USD 2 Qtrs
Amortization of share-based compensation ShareBasedCompensation $7.08M USD 2 Qtrs
Other OtherOperatingActivitiesCashFlowStatement $6.59M USD 2 Qtrs
Other OtherOperatingActivitiesCashFlowStatement $2.26M USD 2 Qtrs
(Increase)/decrease in operating assets IncreaseDecreaseInOperatingAssets $2.17M USD 2 Qtrs
(Increase)/decrease in operating assets IncreaseDecreaseInOperatingAssets $15.70M USD 2 Qtrs
Increase/(decrease) in operating liabilities IncreaseDecreaseInOperatingLiabilities $-18.09M USD 2 Qtrs
Increase/(decrease) in operating liabilities IncreaseDecreaseInOperatingLiabilities $-3.02M USD 2 Qtrs
Net cash provided by/(used in) operating activities NetCashProvidedByUsedInOperatingActivities $286.42M USD 2 Qtrs
Net cash provided by/(used in) operating activities NetCashProvidedByUsedInOperatingActivities $255.10M USD 2 Qtrs
Acquisition of real estate assets PaymentsToAcquireBuildings $730.82M USD 2 Qtrs
Proceeds from sales of real estate investments, net ProceedsFromSaleOfRealEstateHeldforinvestment $38.00M USD 2 Qtrs
Proceeds from sales of real estate investments, net ProceedsFromSaleOfRealEstateHeldforinvestment $89.43M USD 2 Qtrs
Development of real estate assets PaymentsToDevelopRealEstateAssets $108.17M USD 2 Qtrs
Development of real estate assets PaymentsToDevelopRealEstateAssets $10.33M USD 2 Qtrs
Capital expenditures and other major improvements - real estate assets PaymentsForCapitalImprovements $70.24M USD 2 Qtrs
Capital expenditures and other major improvements - real estate assets PaymentsForCapitalImprovements $44.61M USD 2 Qtrs
Capital expenditures - non-real estate assets PaymentsToAcquireFurnitureAndFixtures $1.50M USD 2 Qtrs
Capital expenditures - non-real estate assets PaymentsToAcquireFurnitureAndFixtures $7.15M USD 2 Qtrs
Investment in unconsolidated joint ventures PaymentsToAcquireInterestInSubsidiariesAndAffiliates $41.55M USD 2 Qtrs
Investment in unconsolidated joint ventures PaymentsToAcquireInterestInSubsidiariesAndAffiliates $51.87M USD 2 Qtrs
Distributions received from unconsolidated joint ventures ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $26.91M USD 2 Qtrs
Distributions received from unconsolidated joint ventures ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $17.39M USD 2 Qtrs
Purchase deposits on pending acquisitions PaymentsForDepositsOnPendingAcquisitions $-5.25M USD 2 Qtrs
Purchase deposits on pending acquisitions PaymentsForDepositsOnPendingAcquisitions $-1.00M USD 2 Qtrs
Repayment/(issuance) of notes receivable, net PaymentsForProceedsFromLoansReceivable $-4.76M USD 2 Qtrs
Repayment/(issuance) of notes receivable, net PaymentsForProceedsFromLoansReceivable $21.24M USD 2 Qtrs
Net cash provided by/(used in) investing activities NetCashProvidedByUsedInInvestingActivities $-805.99M USD 2 Qtrs
Net cash provided by/(used in) investing activities NetCashProvidedByUsedInInvestingActivities $-111.25M USD 2 Qtrs
Payments on secured debt RepaymentsOfSecuredDebt $1.90M USD 2 Qtrs
Payments on secured debt RepaymentsOfSecuredDebt $2.31M USD 2 Qtrs
Net proceeds/(repayment) of commercial paper ProceedsFromRepaymentsOfCommercialPaper $55.00M USD 2 Qtrs
Net proceeds/(repayment) of commercial paper ProceedsFromRepaymentsOfCommercialPaper $290.88M USD 2 Qtrs
Net proceeds/(repayment) of revolving bank debt ProceedsFromRepaymentsOfLinesOfCredit $28.18M USD 2 Qtrs
Net proceeds/(repayment) of revolving bank debt ProceedsFromRepaymentsOfLinesOfCredit $33.36M USD 2 Qtrs
Proceeds from the issuance of common shares through public offering, net ProceedsFromIssuanceOfCommonStock $212.87M USD 2 Qtrs
Repurchase of common shares PaymentsForRepurchaseOfCommonStock $19.99M USD 2 Qtrs
Distributions paid to redeemable noncontrolling interests PaymentsOfDividendsMinorityInterest $16.80M USD 2 Qtrs
Distributions paid to redeemable noncontrolling interests PaymentsOfDividendsMinorityInterest $16.14M USD 2 Qtrs
Distributions paid to preferred stockholders PaymentsOfDividendsPreferredStockAndPreferenceStock $1.89M USD 2 Qtrs
Distributions paid to preferred stockholders PaymentsOfDividendsPreferredStockAndPreferenceStock $2.00M USD 2 Qtrs
Distributions paid to common stockholders PaymentsOfDividendsCommonStock $185.42M USD 2 Qtrs
Distributions paid to common stockholders PaymentsOfDividendsCommonStock $169.36M USD 2 Qtrs
Other ProceedsFromPaymentsForOtherFinancingActivities $3.71M USD 2 Qtrs
Other ProceedsFromPaymentsForOtherFinancingActivities $-8.26M USD 2 Qtrs
Net cash provided by/(used in) financing activities NetCashProvidedByUsedInFinancingActivities $334.70M USD 2 Qtrs
Net cash provided by/(used in) financing activities NetCashProvidedByUsedInFinancingActivities $-134.76M USD 2 Qtrs
Net increase/(decrease) in cash, cash equivalents, and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $9.08M USD 2 Qtrs
Net increase/(decrease) in cash, cash equivalents, and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $-184.87M USD 2 Qtrs
Cash, cash equivalents, and restricted cash, beginning of year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $24.02M 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 $21.83M USD Point-in-time
Cash, cash equivalents, and restricted cash, beginning of year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $30.91M USD Point-in-time
Cash, cash equivalents, and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $24.02M 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 $21.83M USD Point-in-time
Cash, cash equivalents, and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $30.91M USD Point-in-time
Interest paid during the period, net of amounts capitalized InterestPaidNet $58.20M USD 2 Qtrs
Interest paid during the period, net of amounts capitalized InterestPaidNet $67.47M USD 2 Qtrs
Cash paid/(refunds received) for income taxes IncomeTaxesPaidNet $729.00K USD 2 Qtrs
Cash paid/(refunds received) for income taxes IncomeTaxesPaidNet $1.41M USD 2 Qtrs
Transfer of investment in and advances to unconsolidated joint ventures to real estate owned TransferToOtherRealEstate $40.43M USD 2 Qtrs
Recognition of operating lease right-of-use assets RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability $94.35M USD 2 Qtrs
Recognition of operating lease liabilities OperatingLeaseLiabilitiesIncurredWithRightOfUseAsset $88.34M USD 2 Qtrs
Vesting of LTIP Units SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1 $4.40M USD 2 Qtrs
Vesting of LTIP Units SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1 $14.74M USD 2 Qtrs
Development costs and capital expenditures incurred but not yet paid CapitalExpendituresIncurredButNotYetPaid $12.25M USD 2 Qtrs
Development costs and capital expenditures incurred but not yet paid CapitalExpendituresIncurredButNotYetPaid $32.61M USD 2 Qtrs
Conversion of Operating Partnership and DownREIT Partnership noncontrolling interests to common stock (2,690,198 shares in 2019 and 330,573 shares in 2018) StockIssuedDuringPeriodValueConversionOfUnits $111.59M USD 2 Qtrs
Conversion of Operating Partnership and DownREIT Partnership noncontrolling interests to common stock (2,690,198 shares in 2019 and 330,573 shares in 2018) StockIssuedDuringPeriodValueConversionOfUnits $965.00K USD 1 Quarter
Conversion of Operating Partnership and DownREIT Partnership noncontrolling interests to common stock (2,690,198 shares in 2019 and 330,573 shares in 2018) StockIssuedDuringPeriodValueConversionOfUnits $38.74M USD 1 Quarter
Conversion of Operating Partnership and DownREIT Partnership noncontrolling interests to common stock (2,690,198 shares in 2019 and 330,573 shares in 2018) StockIssuedDuringPeriodValueConversionOfUnits $12.66M USD 2 Qtrs
Distributions declared but not yet paid DividendsPayableCurrentAndNoncurrent $105.61M USD Point-in-time
Distributions declared but not yet paid DividendsPayableCurrentAndNoncurrent $95.13M USD Point-in-time
Distributions declared but not yet paid DividendsPayableCurrentAndNoncurrent $97.67M USD Point-in-time
Stockholders Equity 53 line items
Line Item Tag Value Unit Period
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.89B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.96B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.77B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.97B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.92B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.84B USD Point-in-time
Net income/(loss) attributable to UDR, Inc. NetIncomeLoss $35.62M USD 1 Quarter
Net income/(loss) attributable to UDR, Inc. NetIncomeLoss $60.12M USD 2 Qtrs
Net income/(loss) attributable to UDR, Inc. NetIncomeLoss $20.60M USD 1 Quarter
Net income/(loss) attributable to UDR, Inc. NetIncomeLoss $102.36M USD 2 Qtrs
Net income/(loss) attributable to noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $-16.00K USD 1 Quarter
Net income/(loss) attributable to noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $-57.00K USD 2 Qtrs
Net income/(loss) attributable to noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $-86.00K USD 2 Qtrs
Net income/(loss) attributable to noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $-27.00K USD 1 Quarter
Contribution of noncontrolling interests in consolidated real estate NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest $108.00K USD 2 Qtrs
Contribution of noncontrolling interests in consolidated real estate NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest $125.00K USD 2 Qtrs
Repurchase of common shares StockRepurchasedDuringPeriodValue $19.99M USD 2 Qtrs
Long Term Incentive Plan Unit grants/(vestings), net LongTermIncentivePlanUnitGrantsVestingsNet $5.20M USD 1 Quarter
Long Term Incentive Plan Unit grants/(vestings), net LongTermIncentivePlanUnitGrantsVestingsNet $1.28M USD 2 Qtrs
Long Term Incentive Plan Unit grants/(vestings), net LongTermIncentivePlanUnitGrantsVestingsNet $2.92M USD 1 Quarter
Long Term Incentive Plan Unit grants/(vestings), net LongTermIncentivePlanUnitGrantsVestingsNet $1.50M USD 2 Qtrs
Other comprehensive income/(loss) OtherComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-131.00K USD 1 Quarter
Other comprehensive income/(loss) OtherComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-4.87M USD 1 Quarter
Other comprehensive income/(loss) OtherComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-7.77M USD 2 Qtrs
Other comprehensive income/(loss) OtherComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $1.27M USD 2 Qtrs
Issuance/(forfeiture) of common and restricted shares, net StockIssuedDuringPeriodValueShareBasedCompensation $-4.73M USD 2 Qtrs
Issuance/(forfeiture) of common and restricted shares, net StockIssuedDuringPeriodValueShareBasedCompensation $-298.00K USD 2 Qtrs
Issuance/(forfeiture) of common and restricted shares, net StockIssuedDuringPeriodValueShareBasedCompensation $1.20M USD 1 Quarter
Issuance/(forfeiture) of common and restricted shares, net StockIssuedDuringPeriodValueShareBasedCompensation $-583.00K USD 1 Quarter
Issuance of common shares through public offering, net StockIssuedDuringPeriodValueNewIssues $212.87M USD 2 Qtrs
Issuance of common shares through public offering, net StockIssuedDuringPeriodValueNewIssues $20.69M USD 1 Quarter
Adjustment for conversion of noncontrolling interest of unitholders in the Operating Partnership and DownREIT Partnership StockIssuedDuringPeriodValueConversionOfUnits $111.59M USD 2 Qtrs
Adjustment for conversion of noncontrolling interest of unitholders in the Operating Partnership and DownREIT Partnership StockIssuedDuringPeriodValueConversionOfUnits $965.00K USD 1 Quarter
Adjustment for conversion of noncontrolling interest of unitholders in the Operating Partnership and DownREIT Partnership StockIssuedDuringPeriodValueConversionOfUnits $38.74M USD 1 Quarter
Adjustment for conversion of noncontrolling interest of unitholders in the Operating Partnership and DownREIT Partnership StockIssuedDuringPeriodValueConversionOfUnits $12.66M USD 2 Qtrs
Common stock distributions declared ($0.3425, $0.3225 per share for the three months ended June 30, 2019 and 2018 and $0.685, $0.6450 per share for the six months ended June 30, 2019 and 2018, respectively) DividendsCommonStockCash $172.65M USD 2 Qtrs
Common stock distributions declared ($0.3425, $0.3225 per share for the three months ended June 30, 2019 and 2018 and $0.685, $0.6450 per share for the six months ended June 30, 2019 and 2018, respectively) DividendsCommonStockCash $86.33M USD 1 Quarter
Common stock distributions declared ($0.3425, $0.3225 per share for the three months ended June 30, 2019 and 2018 and $0.685, $0.6450 per share for the six months ended June 30, 2019 and 2018, respectively) DividendsCommonStockCash $193.52M USD 2 Qtrs
Common stock distributions declared ($0.3425, $0.3225 per share for the three months ended June 30, 2019 and 2018 and $0.685, $0.6450 per share for the six months ended June 30, 2019 and 2018, respectively) DividendsCommonStockCash $96.96M USD 1 Quarter
Preferred stock distributions declared-Series E ($0.3708, $0.3492 per share for the three months ended June 30, 2019 and 2018 and $0.7416, $0.6984 per share for the six months ended June 30, 2019 and 2018, respectively) PreferredStockDividendsIncomeStatementImpact $2.04M USD 2 Qtrs
Preferred stock distributions declared-Series E ($0.3708, $0.3492 per share for the three months ended June 30, 2019 and 2018 and $0.7416, $0.6984 per share for the six months ended June 30, 2019 and 2018, respectively) PreferredStockDividendsIncomeStatementImpact $1.93M USD 2 Qtrs
Preferred stock distributions declared-Series E ($0.3708, $0.3492 per share for the three months ended June 30, 2019 and 2018 and $0.7416, $0.6984 per share for the six months ended June 30, 2019 and 2018, respectively) PreferredStockDividendsIncomeStatementImpact $971.00K USD 1 Quarter
Preferred stock distributions declared-Series E ($0.3708, $0.3492 per share for the three months ended June 30, 2019 and 2018 and $0.7416, $0.6984 per share for the six months ended June 30, 2019 and 2018, respectively) PreferredStockDividendsIncomeStatementImpact $1.03M USD 1 Quarter
Adjustment to reflect redemption value of redeemable noncontrolling interests MinorityInterestChangeInRedemptionValue $14.70M USD 2 Qtrs
Adjustment to reflect redemption value of redeemable noncontrolling interests MinorityInterestChangeInRedemptionValue $-53.52M USD 1 Quarter
Adjustment to reflect redemption value of redeemable noncontrolling interests MinorityInterestChangeInRedemptionValue $-137.17M USD 2 Qtrs
Adjustment to reflect redemption value of redeemable noncontrolling interests MinorityInterestChangeInRedemptionValue $7.03M USD 1 Quarter
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.89B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.96B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.77B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.97B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.92B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.84B USD Point-in-time
Comprehensive Income 28 line items
Line Item Tag Value Unit Period
Net income/(loss) ProfitLoss $64.92M USD 2 Qtrs
Net income/(loss) ProfitLoss $111.67M USD 2 Qtrs
Net income/(loss) ProfitLoss $22.44M USD 1 Quarter
Net income/(loss) ProfitLoss $38.32M USD 1 Quarter
Unrealized holding gain/(loss) OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $282.00K USD 1 Quarter
Unrealized holding gain/(loss) OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $-6.52M USD 2 Qtrs
Unrealized holding gain/(loss) OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $1.99M USD 2 Qtrs
Unrealized holding gain/(loss) OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $-4.31M USD 1 Quarter
(Gain)/loss reclassified into earnings from other comprehensive income/(loss) OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax $1.88M USD 2 Qtrs
(Gain)/loss reclassified into earnings from other comprehensive income/(loss) OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax $598.00K USD 2 Qtrs
(Gain)/loss reclassified into earnings from other comprehensive income/(loss) OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax $933.00K USD 1 Quarter
(Gain)/loss reclassified into earnings from other comprehensive income/(loss) OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax $426.00K USD 1 Quarter
Other comprehensive income/(loss), including portion attributable to noncontrolling interests OtherComprehensiveIncomeLossNetOfTax $-8.40M USD 2 Qtrs
Other comprehensive income/(loss), including portion attributable to noncontrolling interests OtherComprehensiveIncomeLossNetOfTax $-5.24M USD 1 Quarter
Other comprehensive income/(loss), including portion attributable to noncontrolling interests OtherComprehensiveIncomeLossNetOfTax $1.39M USD 2 Qtrs
Other comprehensive income/(loss), including portion attributable to noncontrolling interests OtherComprehensiveIncomeLossNetOfTax $-144.00K USD 1 Quarter
Comprehensive income/(loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $33.07M USD 1 Quarter
Comprehensive income/(loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $56.52M USD 2 Qtrs
Comprehensive income/(loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $113.06M USD 2 Qtrs
Comprehensive income/(loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $22.30M USD 1 Quarter
Comprehensive (income)/loss attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $4.17M USD 2 Qtrs
Comprehensive (income)/loss attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $9.43M USD 2 Qtrs
Comprehensive (income)/loss attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $2.32M USD 1 Quarter
Comprehensive (income)/loss attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $1.83M USD 1 Quarter
Comprehensive income/(loss) attributable to UDR, Inc. ComprehensiveIncomeNetOfTax $52.35M USD 2 Qtrs
Comprehensive income/(loss) attributable to UDR, Inc. ComprehensiveIncomeNetOfTax $20.47M USD 1 Quarter
Comprehensive income/(loss) attributable to UDR, Inc. ComprehensiveIncomeNetOfTax $103.63M USD 2 Qtrs
Comprehensive income/(loss) attributable to UDR, Inc. ComprehensiveIncomeNetOfTax $30.75M USD 1 Quarter

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

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