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10-Q Filing

UDR, INC. CIK: 74208 Q1 2021
Filing Information
Form Type 10-Q
Accession Number 0000074208-21-000056
Period End Date 20210331
Filing Date 20210428
Fiscal Year 2021
Fiscal Period Q1
XBRL Instance udr-20210331x10q_htm.xml
Balance Sheet 86 line items
Line Item Tag Value Unit Period
Real estate under development accumulated depreciation RealEstateUnderDevelopmentAccumulatedDepreciation $319.00K USD Point-in-time
Real estate under development accumulated depreciation RealEstateUnderDevelopmentAccumulatedDepreciation $1.01M USD Point-in-time
Real estate held for investment RealEstateInvestmentPropertyAtCost $12.71B USD Point-in-time
Real estate held for disposition accumulated depreciation AccumulatedDepreciationOfRealEstateHeldForSale - USD Point-in-time
Real estate held for disposition accumulated depreciation AccumulatedDepreciationOfRealEstateHeldForSale $13.78M USD Point-in-time
Real estate held for investment RealEstateInvestmentPropertyAtCost $12.85B USD Point-in-time
Less: accumulated depreciation RealEstateInvestmentPropertyAccumulatedDepreciation $4.59B USD Point-in-time
Less: accumulated depreciation RealEstateInvestmentPropertyAccumulatedDepreciation $4.73B USD Point-in-time
Real estate held for investment, net RealEstateHeldForInvestmentNetExcludingRealEstateUnderDevelopmentOrHeldForDisposition $8.12B USD Point-in-time
Real estate held for investment, net RealEstateHeldForInvestmentNetExcludingRealEstateUnderDevelopmentOrHeldForDisposition $8.12B USD Point-in-time
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 under development (net of accumulated depreciation of $319 and $1,010, respectively) DevelopmentInProcess $246.87M USD Point-in-time
Real estate under development (net of accumulated depreciation of $319 and $1,010, respectively) DevelopmentInProcess $242.88M USD Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 50.00M shares Point-in-time
Real estate held for disposition (net of accumulated depreciation of $0 and $13,779, respectively) RealEstateHeldForSaleNetofDepreciation $102.88M USD Point-in-time
Total real estate owned, net of accumulated depreciation RealEstateInvestmentPropertyNet $8.47B USD Point-in-time
Total real estate owned, net of accumulated depreciation RealEstateInvestmentPropertyNet $8.37B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $8.11M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $1.41M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $1.17M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $980.00K USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $25.18M USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $22.76M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $21.95M USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $33.43M USD Point-in-time
Notes receivable, net NotesReceivableNet $157.99M USD Point-in-time
Notes receivable, net NotesReceivableNet $155.21M 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
Investment in and advances to unconsolidated joint ventures, net InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesFairValueDisclosure $600.23M USD Point-in-time
Investment in and advances to unconsolidated joint ventures, net InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesFairValueDisclosure $620.11M USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 296.82M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 296.61M shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 296.61M shares Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $200.91M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $200.06M USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 296.82M shares Point-in-time
Other assets OtherAssets $188.12M USD Point-in-time
Other assets OtherAssets $190.70M USD Point-in-time
Total assets Assets $9.57B USD Point-in-time
Total assets Assets $9.64B USD Point-in-time
Secured debt, net SecuredDebt $919.18M USD Point-in-time
Secured debt, net SecuredDebt $862.15M USD Point-in-time
Unsecured debt, net UnsecuredDebt $4.12B USD Point-in-time
Unsecured debt, net UnsecuredDebt $4.11B USD Point-in-time
Operating lease liabilities OperatingLeaseLiability $194.83M USD Point-in-time
Operating lease liabilities OperatingLeaseLiability $195.59M USD Point-in-time
Real estate taxes payable AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent $32.44M USD Point-in-time
Real estate taxes payable AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent $29.95M USD Point-in-time
Accrued interest payable InterestPayableCurrentAndNoncurrent $44.76M USD Point-in-time
Accrued interest payable InterestPayableCurrentAndNoncurrent $23.15M USD Point-in-time
Security deposits and prepaid rent AdvanceRent $47.97M USD Point-in-time
Security deposits and prepaid rent AdvanceRent $49.01M USD Point-in-time
Distributions payable DividendsPayableCurrentAndNoncurrent $115.26M USD Point-in-time
Distributions payable DividendsPayableCurrentAndNoncurrent $116.69M USD Point-in-time
Distributions payable DividendsPayableCurrentAndNoncurrent $115.80M USD Point-in-time
Accounts payable, accrued expenses, and other liabilities AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $111.00M USD Point-in-time
Accounts payable, accrued expenses, and other liabilities AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $104.22M USD Point-in-time
Total liabilities Liabilities $5.56B USD Point-in-time
Total liabilities Liabilities $5.52B 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 $989.69M USD Point-in-time
Redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership RedeemableNoncontrollingInterestEquityCommonCarryingAmount $856.29M USD Point-in-time
Common stock, $0.01 par value; 350,000,000 shares authorized: 296,822,363 and 296,611,579 shares issued and outstanding at March 31, 2021 and December 31, 2020, respectively CommonStockValue $2.97M USD Point-in-time
Common stock, $0.01 par value; 350,000,000 shares authorized: 296,822,363 and 296,611,579 shares issued and outstanding at March 31, 2021 and December 31, 2020, respectively CommonStockValue $2.97M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $5.89B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $5.88B USD Point-in-time
Distributions in excess of net income AccumulatedDistributionsInExcessOfNetIncome $2.92B USD Point-in-time
Distributions in excess of net income AccumulatedDistributionsInExcessOfNetIncome $2.69B USD Point-in-time
Accumulated other comprehensive income/(loss), net AccumulatedOtherComprehensiveIncomeLossNetOfTax $-9.14M USD Point-in-time
Accumulated other comprehensive income/(loss), net AccumulatedOtherComprehensiveIncomeLossNetOfTax $-8.61M USD Point-in-time
Total stockholders' equity StockholdersEquity $3.23B USD Point-in-time
Total stockholders' equity StockholdersEquity $3.00B USD Point-in-time
Noncontrolling interests MinorityInterest $14.67M USD Point-in-time
Noncontrolling interests MinorityInterest $24.39M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.48B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.39B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.02B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.26B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $9.57B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $9.64B USD Point-in-time
Income Statement 57 line items
Line Item Tag Value Unit Period
Rental income OperatingLeaseLeaseIncome $299.83M USD 1 Quarter
Rental income OperatingLeaseLeaseIncome $320.09M USD 1 Quarter
Joint venture management and other fees RevenueFromContractWithCustomerExcludingAssessedTax $1.61M USD 1 Quarter
Joint venture management and other fees RevenueFromContractWithCustomerExcludingAssessedTax $1.39M USD 1 Quarter
Total revenues Revenues $321.48M USD 1 Quarter
Total revenues Revenues $301.44M USD 1 Quarter
Property operating and maintenance DirectCostsOfLeasedAndRentedPropertyOrEquipment $51.38M USD 1 Quarter
Property operating and maintenance DirectCostsOfLeasedAndRentedPropertyOrEquipment $49.48M USD 1 Quarter
Real estate taxes and insurance RealEstateTaxesAndInsurance $47.39M USD 1 Quarter
Real estate taxes and insurance RealEstateTaxesAndInsurance $45.15M USD 1 Quarter
Property management PropertyManagementCostsOperating $8.99M USD 1 Quarter
Property management PropertyManagementCostsOperating $9.20M USD 1 Quarter
Other operating expenses OtherCostAndExpenseOperating $4.43M USD 1 Quarter
Other operating expenses OtherCostAndExpenseOperating $4.97M USD 1 Quarter
Real estate depreciation and amortization DepreciationNonproduction $144.09M USD 1 Quarter
Real estate depreciation and amortization DepreciationNonproduction $155.48M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $14.98M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $12.74M USD 1 Quarter
Casualty-related charges/(recoveries), net CasualtyRelatedRecoveriesChargesNet $1.25M USD 1 Quarter
Casualty-related charges/(recoveries), net CasualtyRelatedRecoveriesChargesNet $5.58M USD 1 Quarter
Other depreciation and amortization OtherDepreciationAndAmortization $2.02M USD 1 Quarter
Other depreciation and amortization OtherDepreciationAndAmortization $2.60M USD 1 Quarter
Total operating expenses CostsAndExpenses $282.53M USD 1 Quarter
Total operating expenses CostsAndExpenses $277.20M USD 1 Quarter
Gain/(loss) on sale of real estate owned GainsLossesOnSalesOfInvestmentRealEstate $50.83M USD 1 Quarter
Operating income OperatingIncomeLoss $75.07M USD 1 Quarter
Operating income OperatingIncomeLoss $38.95M USD 1 Quarter
Income/(loss) from unconsolidated entities IncomeLossFromEquityMethodInvestments $3.37M USD 1 Quarter
Income/(loss) from unconsolidated entities IncomeLossFromEquityMethodInvestments $4.92M USD 1 Quarter
Interest expense InterestExpenseDebt $78.16M USD 1 Quarter
Interest expense InterestExpenseDebt $39.32M USD 1 Quarter
Interest income and other income/(expense), net OtherNonoperatingIncomeExpense $2.70M USD 1 Quarter
Interest income and other income/(expense), net OtherNonoperatingIncomeExpense $2.06M USD 1 Quarter
Income/(loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $5.70M USD 1 Quarter
Income/(loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $3.89M USD 1 Quarter
Tax (provision)/benefit, net IncomeTaxExpenseBenefit $164.00K USD 1 Quarter
Tax (provision)/benefit, net IncomeTaxExpenseBenefit $619.00K USD 1 Quarter
Net income/(loss) ProfitLoss $5.54M USD 1 Quarter
Net income/(loss) ProfitLoss $3.27M USD 1 Quarter
Net (income)/loss attributable to redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership NetIncomeLossAttributableToRedeemableNoncontrollingInterest $313.00K USD 1 Quarter
Net (income)/loss attributable to redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership NetIncomeLossAttributableToRedeemableNoncontrollingInterest $154.00K USD 1 Quarter
Net (income)/loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $16.00K USD 1 Quarter
Net (income)/loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $6.00K USD 1 Quarter
Net income/(loss) attributable to UDR, Inc. NetIncomeLoss $3.10M USD 1 Quarter
Net income/(loss) attributable to UDR, Inc. NetIncomeLoss $5.22M USD 1 Quarter
Distributions to preferred stockholders - Series E (Convertible) DividendsPreferredStock $1.07M USD 1 Quarter
Distributions to preferred stockholders - Series E (Convertible) DividendsPreferredStock $1.06M USD 1 Quarter
Net income/(loss) attributable to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $2.05M USD 1 Quarter
Net income/(loss) attributable to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $4.16M USD 1 Quarter
Income/(loss) per weighted average common share - basic EarningsPerShareBasic $0.01 USD 1 Quarter
Income/(loss) per weighted average common share - basic EarningsPerShareBasic $0.01 USD 1 Quarter
Income/(loss) per weighted average common share - diluted EarningsPerShareDiluted $0.01 USD 1 Quarter
Income/(loss) per weighted average common share - diluted EarningsPerShareDiluted $0.01 USD 1 Quarter
Weighted average number of common shares outstanding - basic WeightedAverageNumberOfSharesOutstandingBasic 294.46M shares 1 Quarter
Weighted average number of common shares outstanding - basic WeightedAverageNumberOfSharesOutstandingBasic 296.54M shares 1 Quarter
Weighted average number of common shares outstanding - diluted WeightedAverageNumberOfDilutedSharesOutstanding 295.16M shares 1 Quarter
Weighted average number of common shares outstanding - diluted WeightedAverageNumberOfDilutedSharesOutstanding 297.03M shares 1 Quarter
Cash Flow Statement 87 line items
Line Item Tag Value Unit Period
Net income/(loss) ProfitLoss $5.54M USD 1 Quarter
Net income/(loss) ProfitLoss $3.27M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $157.50M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $146.69M USD 1 Quarter
(Gain)/loss on sale of real estate owned GainsLossesOnSalesOfInvestmentRealEstate $50.83M USD 1 Quarter
(Income)/loss from unconsolidated entities IncomeLossFromEquityMethodInvestments $3.37M USD 1 Quarter
(Income)/loss from unconsolidated entities IncomeLossFromEquityMethodInvestments $4.92M USD 1 Quarter
Return on investment in unconsolidated joint ventures ReturnOnInvestmentInEquityMethodInvestments $1.09M USD 1 Quarter
Return on investment in unconsolidated joint ventures ReturnOnInvestmentInEquityMethodInvestments $1.74M USD 1 Quarter
Amortization of share-based compensation ShareBasedCompensation $6.81M USD 1 Quarter
Amortization of share-based compensation ShareBasedCompensation $4.91M USD 1 Quarter
Loss on extinguishment of debt, net GainsLossesOnExtinguishmentOfDebt $-41.95M USD 1 Quarter
Other OtherOperatingActivitiesCashFlowStatement $2.77M USD 1 Quarter
Other OtherOperatingActivitiesCashFlowStatement $-1.22M USD 1 Quarter
(Increase)/decrease in operating assets IncreaseDecreaseInOperatingAssets $-18.00K USD 1 Quarter
(Increase)/decrease in operating assets IncreaseDecreaseInOperatingAssets $-114.00K USD 1 Quarter
Increase/(decrease) in operating liabilities IncreaseDecreaseInOperatingLiabilities $-21.35M USD 1 Quarter
Increase/(decrease) in operating liabilities IncreaseDecreaseInOperatingLiabilities $-31.67M USD 1 Quarter
Net cash provided by/(used in) operating activities NetCashProvidedByUsedInOperatingActivities $135.46M USD 1 Quarter
Net cash provided by/(used in) operating activities NetCashProvidedByUsedInOperatingActivities $123.61M USD 1 Quarter
Acquisition of real estate assets PaymentsToAcquireBuildings $23.69M USD 1 Quarter
Acquisition of real estate assets PaymentsToAcquireBuildings $141.73M USD 1 Quarter
Proceeds from sales of real estate investments, net ProceedsFromSaleOfRealEstateHeldforinvestment $154.86M USD 1 Quarter
Development of real estate assets PaymentsToDevelopRealEstateAssets $32.68M USD 1 Quarter
Development of real estate assets PaymentsToDevelopRealEstateAssets $23.09M USD 1 Quarter
Capital expenditures and other major improvements - real estate assets PaymentsForCapitalImprovements $28.42M USD 1 Quarter
Capital expenditures and other major improvements - real estate assets PaymentsForCapitalImprovements $32.98M USD 1 Quarter
Capital expenditures - non-real estate assets PaymentsToAcquireFurnitureAndFixtures $3.04M USD 1 Quarter
Capital expenditures - non-real estate assets PaymentsToAcquireFurnitureAndFixtures $2.48M USD 1 Quarter
Investment in unconsolidated joint ventures PaymentsToAcquireInterestInSubsidiariesAndAffiliates $48.60M USD 1 Quarter
Investment in unconsolidated joint ventures PaymentsToAcquireInterestInSubsidiariesAndAffiliates $16.14M USD 1 Quarter
Distributions received from unconsolidated joint ventures ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $3.27M USD 1 Quarter
Distributions received from unconsolidated joint ventures ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $32.65M USD 1 Quarter
Purchase deposits on pending acquisitions PaymentsForDepositsOnPendingAcquisitions $-12.82M USD 1 Quarter
Repayment/(issuance) of notes receivable, net PaymentsForProceedsFromLoansReceivable $900.00K USD 1 Quarter
Repayment/(issuance) of notes receivable, net PaymentsForProceedsFromLoansReceivable $-2.80M USD 1 Quarter
Net cash provided by/(used in) investing activities NetCashProvidedByUsedInInvestingActivities $41.04M USD 1 Quarter
Net cash provided by/(used in) investing activities NetCashProvidedByUsedInInvestingActivities $-214.04M USD 1 Quarter
Payments on secured debt RepaymentsOfSecuredDebt $2.78M USD 1 Quarter
Payments on secured debt RepaymentsOfSecuredDebt $270.00K USD 1 Quarter
Payments on unsecured debt RepaymentsOfUnsecuredDebt $300.00M USD 1 Quarter
Net proceeds from the issuance of unsecured debt ProceedsFromIssuanceOfUnsecuredDebt $211.32M USD 1 Quarter
Net proceeds from the issuance of unsecured debt ProceedsFromIssuanceOfUnsecuredDebt $298.78M USD 1 Quarter
Net proceeds/(repayment) of commercial paper ProceedsFromRepaymentsOfCommercialPaper $20.00M USD 1 Quarter
Net proceeds/(repayment) of commercial paper ProceedsFromRepaymentsOfCommercialPaper $-85.00M USD 1 Quarter
Net proceeds/(repayment) of revolving bank debt ProceedsFromRepaymentsOfLinesOfCredit $-10.21M USD 1 Quarter
Net proceeds/(repayment) of revolving bank debt ProceedsFromRepaymentsOfLinesOfCredit $58.21M USD 1 Quarter
Distributions paid to redeemable noncontrolling interests PaymentsOfDividendsMinorityInterest $7.62M USD 1 Quarter
Distributions paid to redeemable noncontrolling interests PaymentsOfDividendsMinorityInterest $8.52M USD 1 Quarter
Distributions paid to preferred stockholders PaymentsOfDividendsPreferredStockAndPreferenceStock $1.01M USD 1 Quarter
Distributions paid to preferred stockholders PaymentsOfDividendsPreferredStockAndPreferenceStock $1.04M USD 1 Quarter
Distributions paid to common stockholders PaymentsOfDividendsCommonStock $100.93M USD 1 Quarter
Distributions paid to common stockholders PaymentsOfDividendsCommonStock $106.83M USD 1 Quarter
Payment of prepayment and extinguishment costs PaymentsOfDebtExtinguishmentCosts $40.77M USD 1 Quarter
Other ProceedsFromPaymentsForOtherFinancingActivities $-5.35M USD 1 Quarter
Other ProceedsFromPaymentsForOtherFinancingActivities $-3.96M USD 1 Quarter
Net cash provided by/(used in) financing activities NetCashProvidedByUsedInFinancingActivities $-154.22M USD 1 Quarter
Net cash provided by/(used in) financing activities NetCashProvidedByUsedInFinancingActivities $68.23M USD 1 Quarter
Net increase/(decrease) in cash, cash equivalents, and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $-10.36M USD 1 Quarter
Net increase/(decrease) in cash, cash equivalents, and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $10.43M USD 1 Quarter
Cash, cash equivalents, and restricted cash, beginning of year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $22.93M USD Point-in-time
Cash, cash equivalents, and restricted cash, beginning of year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $33.29M USD Point-in-time
Cash, cash equivalents, and restricted cash, beginning of year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $34.60M USD Point-in-time
Cash, cash equivalents, and restricted cash, beginning of year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $24.17M USD Point-in-time
Cash, cash equivalents, and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $22.93M USD Point-in-time
Cash, cash equivalents, and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $33.29M USD Point-in-time
Cash, cash equivalents, and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $34.60M USD Point-in-time
Cash, cash equivalents, and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $24.17M USD Point-in-time
Interest paid during the period, net of amounts capitalized InterestPaidNet $56.28M USD 1 Quarter
Interest paid during the period, net of amounts capitalized InterestPaidNet $54.11M USD 1 Quarter
Operating cash flows from operating leases ProceedsFromLeasePayments $3.13M USD 1 Quarter
Operating cash flows from operating leases ProceedsFromLeasePayments $3.13M USD 1 Quarter
Cash paid/(refunds received) for income taxes IncomeTaxesPaidNet $-36.00K USD 1 Quarter
Cash paid/(refunds received) for income taxes IncomeTaxesPaidNet $323.00K USD 1 Quarter
Secured debt assumed upon acquisition of real estate assets NoncashOrPartNoncashAcquisitionDebtAssumed1 $58.46M USD 1 Quarter
Transfer of investment in and advances to unconsolidated joint ventures to real estate owned TransferToOtherRealEstate $14.70M USD 1 Quarter
Acquisition of intellectual property in exchange for cancellation of secured note receivable NotesReceivableCancellation $2.25M USD 1 Quarter
Recognition of allowance for credit losses ProvisionForLoanLeaseAndOtherLosses $2.18M USD 1 Quarter
Vesting of LTIP Units SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1 $23.02M USD 1 Quarter
Vesting of LTIP Units SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1 $14.58M USD 1 Quarter
Development costs and capital expenditures incurred, but not yet paid CapitalExpendituresIncurredButNotYetPaid $25.57M USD 1 Quarter
Development costs and capital expenditures incurred, but not yet paid CapitalExpendituresIncurredButNotYetPaid $31.63M USD 1 Quarter
Conversion of Operating Partnership and DownREIT Partnership noncontrolling interests to common stock (116,997 shares in 2021 and 167,631 shares in 2020) StockIssuedDuringPeriodValueConversionOfUnits $4.50M USD 1 Quarter
Conversion of Operating Partnership and DownREIT Partnership noncontrolling interests to common stock (116,997 shares in 2021 and 167,631 shares in 2020) StockIssuedDuringPeriodValueConversionOfUnits $7.83M USD 1 Quarter
Dividends declared, but not yet paid DividendsPayableCurrentAndNoncurrent $115.26M USD Point-in-time
Dividends declared, but not yet paid DividendsPayableCurrentAndNoncurrent $116.69M USD Point-in-time
Dividends declared, but not yet paid DividendsPayableCurrentAndNoncurrent $115.80M USD Point-in-time
Stockholders Equity 33 line items
Line Item Tag Value Unit Period
Common stock distributions declared per share CommonStockDividendsPerShareDeclared $0.36 USD 1 Quarter
Common stock distributions declared per share CommonStockDividendsPerShareDeclared $0.36 USD 1 Quarter
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.48B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.39B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.02B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.26B USD Point-in-time
Net income/(loss) attributable to UDR, Inc. NetIncomeLoss $3.10M USD 1 Quarter
Net income/(loss) attributable to UDR, Inc. NetIncomeLoss $5.22M USD 1 Quarter
Net income/(loss) attributable to noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $10.00K USD 1 Quarter
Net income/(loss) attributable to noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $-8.00K USD 1 Quarter
Redemption of noncontrolling interests in consolidated real estate MinorityInterestDecreaseFromRedemptions $125.00K USD 1 Quarter
Long Term Incentive Plan Unit grants/(vestings), net LongTermIncentivePlanUnitGrantsVestingsNet $-16.49M USD 1 Quarter
Long Term Incentive Plan Unit grants/(vestings), net LongTermIncentivePlanUnitGrantsVestingsNet $-9.60M USD 1 Quarter
Other comprehensive income/(loss) OtherComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $530.00K USD 1 Quarter
Other comprehensive income/(loss) OtherComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-2.42M USD 1 Quarter
Issuance/(forfeiture) of common and restricted shares, net StockIssuedDuringPeriodValueShareBasedCompensation $-196.00K USD 1 Quarter
Issuance/(forfeiture) of common and restricted shares, net StockIssuedDuringPeriodValueShareBasedCompensation $-1.33M USD 1 Quarter
Cumulative effect upon adoption of ASC 326 StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.48B USD Point-in-time
Cumulative effect upon adoption of ASC 326 StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.39B USD Point-in-time
Cumulative effect upon adoption of ASC 326 StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.02B USD Point-in-time
Cumulative effect upon adoption of ASC 326 StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.26B USD Point-in-time
Adjustment for conversion of noncontrolling interest of unitholders in the Operating Partnership and DownREIT Partnership StockIssuedDuringPeriodValueConversionOfUnits $4.50M USD 1 Quarter
Adjustment for conversion of noncontrolling interest of unitholders in the Operating Partnership and DownREIT Partnership StockIssuedDuringPeriodValueConversionOfUnits $7.83M USD 1 Quarter
Common stock distributions declared DividendsCommonStockCash $106.19M USD 1 Quarter
Common stock distributions declared DividendsCommonStockCash $107.65M USD 1 Quarter
Preferred stock distributions declared-Series E PreferredStockDividendsIncomeStatementImpact $1.06M USD 1 Quarter
Preferred stock distributions declared-Series E PreferredStockDividendsIncomeStatementImpact $1.07M USD 1 Quarter
Adjustment to reflect redemption value of redeemable noncontrolling interests MinorityInterestChangeInRedemptionValue $-131.70M USD 1 Quarter
Adjustment to reflect redemption value of redeemable noncontrolling interests MinorityInterestChangeInRedemptionValue $205.71M USD 1 Quarter
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.48B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.39B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.02B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.26B USD Point-in-time
Comprehensive Income 14 line items
Line Item Tag Value Unit Period
Net income/(loss) ProfitLoss $5.54M USD 1 Quarter
Net income/(loss) ProfitLoss $3.27M USD 1 Quarter
Unrealized holding gain/(loss) OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $127.00K USD 1 Quarter
Unrealized holding gain/(loss) OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $-2.92M USD 1 Quarter
(Gain)/loss reclassified into earnings from other comprehensive income/(loss) OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax $-357.00K USD 1 Quarter
(Gain)/loss reclassified into earnings from other comprehensive income/(loss) OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax $-446.00K USD 1 Quarter
Other comprehensive income/(loss), including portion attributable to noncontrolling interests OtherComprehensiveIncomeLossNetOfTax $573.00K USD 1 Quarter
Other comprehensive income/(loss), including portion attributable to noncontrolling interests OtherComprehensiveIncomeLossNetOfTax $-2.56M USD 1 Quarter
Comprehensive income/(loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $2.98M USD 1 Quarter
Comprehensive income/(loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $3.85M USD 1 Quarter
Comprehensive (income)/loss attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $181.00K USD 1 Quarter
Comprehensive (income)/loss attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $213.00K USD 1 Quarter
Comprehensive income/(loss) attributable to UDR, Inc. ComprehensiveIncomeNetOfTax $3.63M USD 1 Quarter
Comprehensive income/(loss) attributable to UDR, Inc. ComprehensiveIncomeNetOfTax $2.80M USD 1 Quarter

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

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