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10-Q Filing

UDR, INC. CIK: 74208 Q1 2022
Filing Information
Form Type 10-Q
Accession Number 0000074208-22-000030
Period End Date 20220331
Filing Date 20220427
Fiscal Year 2022
Fiscal Period Q1
XBRL Instance udr-20220331x10q_htm.xml
Balance Sheet 83 line items
Line Item Tag Value Unit Period
Real estate under development accumulated depreciation RealEstateUnderDevelopmentAccumulatedDepreciation $507.00K USD Point-in-time
Real estate under development accumulated depreciation RealEstateUnderDevelopmentAccumulatedDepreciation $951.00K USD Point-in-time
Real estate held for investment RealEstateInvestmentPropertyAtCost $14.35B USD Point-in-time
Real estate held for investment RealEstateInvestmentPropertyAtCost $14.37B USD Point-in-time
Preferred stock, no par value PreferredStockNoParValue - USD Point-in-time
Less: accumulated depreciation RealEstateInvestmentPropertyAccumulatedDepreciation $5.29B USD Point-in-time
Less: accumulated depreciation RealEstateInvestmentPropertyAccumulatedDepreciation $5.14B 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
Preferred stock, shares authorized PreferredStockSharesAuthorized 50.00M shares Point-in-time
Real estate held for investment, net RealEstateHeldForInvestmentNetExcludingRealEstateUnderDevelopmentOrHeldForDisposition $9.09B USD Point-in-time
Real estate held for investment, net RealEstateHeldForInvestmentNetExcludingRealEstateUnderDevelopmentOrHeldForDisposition $9.22B USD Point-in-time
Real estate under development (net of accumulated depreciation of $951 and $507, respectively) DevelopmentInProcess $457.16M USD Point-in-time
Real estate under development (net of accumulated depreciation of $951 and $507, respectively) DevelopmentInProcess $388.06M USD Point-in-time
Total real estate owned, net of accumulated depreciation RealEstateInvestmentPropertyNet $9.54B USD Point-in-time
Total real estate owned, net of accumulated depreciation RealEstateInvestmentPropertyNet $9.60B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $895.00K USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $1.41M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $967.00K USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $1.17M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $27.45M 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 $22.76M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $33.43M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $26.03M USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 450.00M shares Point-in-time
Notes receivable, net FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss $26.86M USD Point-in-time
Notes receivable, net FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss $26.58M USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 450.00M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 318.40M shares Point-in-time
Investment in and advances to unconsolidated joint ventures, net InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesFairValueDisclosure $669.34M USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 318.15M shares Point-in-time
Investment in and advances to unconsolidated joint ventures, net InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesFairValueDisclosure $702.46M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $197.46M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $196.58M USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 318.40M shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 318.15M shares Point-in-time
Other assets OtherAssets $216.31M USD Point-in-time
Other assets OtherAssets $222.34M USD Point-in-time
Total assets Assets $10.78B USD Point-in-time
Total assets Assets $10.68B USD Point-in-time
Secured debt, net SecuredDebt $1.06B USD Point-in-time
Secured debt, net SecuredDebt $1.06B USD Point-in-time
Unsecured debt, net UnsecuredDebt $4.36B USD Point-in-time
Unsecured debt, net UnsecuredDebt $4.42B USD Point-in-time
Operating lease liabilities OperatingLeaseLiability $192.49M USD Point-in-time
Operating lease liabilities OperatingLeaseLiability $191.69M USD Point-in-time
Real estate taxes payable AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent $33.09M USD Point-in-time
Real estate taxes payable AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent $32.91M USD Point-in-time
Accrued interest payable InterestPayableCurrentAndNoncurrent $25.70M USD Point-in-time
Accrued interest payable InterestPayableCurrentAndNoncurrent $45.98M USD Point-in-time
Security deposits and prepaid rent AdvanceRent $53.02M USD Point-in-time
Security deposits and prepaid rent AdvanceRent $55.44M USD Point-in-time
Distributions payable DividendsPayableCurrentAndNoncurrent $116.69M USD Point-in-time
Distributions payable DividendsPayableCurrentAndNoncurrent $130.37M USD Point-in-time
Distributions payable DividendsPayableCurrentAndNoncurrent $124.73M USD Point-in-time
Accounts payable, accrued expenses, and other liabilities AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $136.95M USD Point-in-time
Accounts payable, accrued expenses, and other liabilities AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $117.24M USD Point-in-time
Total liabilities Liabilities $6.00B USD Point-in-time
Total liabilities Liabilities $6.03B 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 $1.30B USD Point-in-time
Redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership RedeemableNoncontrollingInterestEquityCommonCarryingAmount $1.26B USD Point-in-time
Common stock, $0.01 par value; 450,000,000 shares authorized at March 31, 2022 and December 31, 2021: 318,401,530 and 318,149,635 shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively CommonStockValue $3.18M USD Point-in-time
Common stock, $0.01 par value; 450,000,000 shares authorized at March 31, 2022 and December 31, 2021: 318,401,530 and 318,149,635 shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively CommonStockValue $3.18M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $6.88B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $6.89B USD Point-in-time
Distributions in excess of net income AccumulatedDistributionsInExcessOfNetIncome $3.55B USD Point-in-time
Distributions in excess of net income AccumulatedDistributionsInExcessOfNetIncome $3.49B USD Point-in-time
Accumulated other comprehensive income/(loss), net AccumulatedOtherComprehensiveIncomeLossNetOfTax $2.81M USD Point-in-time
Accumulated other comprehensive income/(loss), net AccumulatedOtherComprehensiveIncomeLossNetOfTax $-4.26M USD Point-in-time
Total stockholders' equity StockholdersEquity $3.39B USD Point-in-time
Total stockholders' equity StockholdersEquity $3.44B USD Point-in-time
Noncontrolling interests MinorityInterest $210.00K USD Point-in-time
Noncontrolling interests MinorityInterest $31.43M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.26B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.02B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.47B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.39B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $10.68B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $10.78B USD Point-in-time
Income Statement 57 line items
Line Item Tag Value Unit Period
Rental income OperatingLeaseLeaseIncome $356.18M USD 1 Quarter
Rental income OperatingLeaseLeaseIncome $299.83M USD 1 Quarter
Joint venture management and other fees RevenueFromContractWithCustomerExcludingAssessedTax $1.61M USD 1 Quarter
Joint venture management and other fees RevenueFromContractWithCustomerExcludingAssessedTax $1.08M USD 1 Quarter
Total revenues Revenues $357.27M USD 1 Quarter
Total revenues Revenues $301.44M USD 1 Quarter
Property operating and maintenance DirectCostsOfLeasedAndRentedPropertyOrEquipment $58.48M USD 1 Quarter
Property operating and maintenance DirectCostsOfLeasedAndRentedPropertyOrEquipment $51.38M USD 1 Quarter
Real estate taxes and insurance RealEstateTaxesAndInsurance $53.76M USD 1 Quarter
Real estate taxes and insurance RealEstateTaxesAndInsurance $47.39M USD 1 Quarter
Property management PropertyManagementCostsOperating $11.58M USD 1 Quarter
Property management PropertyManagementCostsOperating $8.99M USD 1 Quarter
Other operating expenses OtherCostAndExpenseOperating $4.43M USD 1 Quarter
Other operating expenses OtherCostAndExpenseOperating $4.71M USD 1 Quarter
Real estate depreciation and amortization DepreciationNonproduction $144.09M USD 1 Quarter
Real estate depreciation and amortization DepreciationNonproduction $163.62M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $12.74M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $14.91M USD 1 Quarter
Casualty-related charges/(recoveries), net CasualtyRelatedRecoveriesChargesNet $-765.00K USD 1 Quarter
Casualty-related charges/(recoveries), net CasualtyRelatedRecoveriesChargesNet $5.58M USD 1 Quarter
Other depreciation and amortization OtherDepreciationAndAmortization $3.08M USD 1 Quarter
Other depreciation and amortization OtherDepreciationAndAmortization $2.60M USD 1 Quarter
Total operating expenses CostsAndExpenses $277.20M USD 1 Quarter
Total operating expenses CostsAndExpenses $309.38M 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 $47.89M USD 1 Quarter
Income/(loss) from unconsolidated entities IncomeLossFromEquityMethodInvestments $4.92M USD 1 Quarter
Income/(loss) from unconsolidated entities IncomeLossFromEquityMethodInvestments $5.41M USD 1 Quarter
Interest expense InterestExpenseDebt $78.16M USD 1 Quarter
Interest expense InterestExpenseDebt $35.92M USD 1 Quarter
Interest income and other income/(expense), net OtherNonoperatingIncomeExpense $2.06M USD 1 Quarter
Interest income and other income/(expense), net OtherNonoperatingIncomeExpense $-2.44M USD 1 Quarter
Income/(loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $3.89M USD 1 Quarter
Income/(loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $14.95M USD 1 Quarter
Tax (provision)/benefit, net IncomeTaxExpenseBenefit $343.00K USD 1 Quarter
Tax (provision)/benefit, net IncomeTaxExpenseBenefit $619.00K USD 1 Quarter
Net income/(loss) ProfitLoss $3.27M USD 1 Quarter
Net income/(loss) ProfitLoss $14.60M USD 1 Quarter
Net (income)/loss attributable to redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership NetIncomeLossAttributableToRedeemableNoncontrollingInterest $879.00K 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 $19.00K USD 1 Quarter
Net (income)/loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $16.00K USD 1 Quarter
Net income/(loss) attributable to UDR, Inc. NetIncomeLoss $3.10M USD 1 Quarter
Net income/(loss) attributable to UDR, Inc. NetIncomeLoss $13.71M USD 1 Quarter
Distributions to preferred stockholders - Series E (Convertible) DividendsPreferredStock $1.09M USD 1 Quarter
Distributions to preferred stockholders - Series E (Convertible) DividendsPreferredStock $1.06M USD 1 Quarter
Net income/(loss) attributable to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $12.61M USD 1 Quarter
Net income/(loss) attributable to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $2.05M 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 $0.04 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 $0.04 USD 1 Quarter
Weighted average number of common shares outstanding - basic WeightedAverageNumberOfSharesOutstandingBasic 318.01M 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 297.03M shares 1 Quarter
Weighted average number of common shares outstanding - diluted WeightedAverageNumberOfDilutedSharesOutstanding 319.68M shares 1 Quarter
Cash Flow Statement 85 line items
Line Item Tag Value Unit Period
Net income/(loss) ProfitLoss $3.27M USD 1 Quarter
Net income/(loss) ProfitLoss $14.60M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $146.69M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $166.70M USD 1 Quarter
(Gain)/loss on sale of real estate owned GainsLossesOnSalesOfInvestmentRealEstate $50.83M USD 1 Quarter
(Income)/loss from unconsolidated entities IncomeLossFromEquityMethodInvestments $4.92M USD 1 Quarter
(Income)/loss from unconsolidated entities IncomeLossFromEquityMethodInvestments $5.41M USD 1 Quarter
Return on investment in unconsolidated joint ventures ReturnOnInvestmentInEquityMethodInvestments $12.35M USD 1 Quarter
Return on investment in unconsolidated joint ventures ReturnOnInvestmentInEquityMethodInvestments $1.09M USD 1 Quarter
Amortization of share-based compensation ShareBasedCompensation $4.91M USD 1 Quarter
Amortization of share-based compensation ShareBasedCompensation $6.37M USD 1 Quarter
Loss on extinguishment of debt, net GainsLossesOnExtinguishmentOfDebt $-41.95M USD 1 Quarter
Other OtherOperatingActivitiesCashFlowStatement $2.77M USD 1 Quarter
Other OtherOperatingActivitiesCashFlowStatement $6.42M USD 1 Quarter
(Increase)/decrease in operating assets IncreaseDecreaseInOperatingAssets $-4.98M USD 1 Quarter
(Increase)/decrease in operating assets IncreaseDecreaseInOperatingAssets $-18.00K USD 1 Quarter
Increase/(decrease) in operating liabilities IncreaseDecreaseInOperatingLiabilities $-21.35M USD 1 Quarter
Increase/(decrease) in operating liabilities IncreaseDecreaseInOperatingLiabilities $-44.99M USD 1 Quarter
Net cash provided by/(used in) operating activities NetCashProvidedByUsedInOperatingActivities $161.02M 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
Proceeds from sales of real estate investments, net ProceedsFromSaleOfRealEstateHeldforinvestment $154.86M USD 1 Quarter
Development of real estate assets PaymentsToDevelopRealEstateAssets $56.76M USD 1 Quarter
Development of real estate assets PaymentsToDevelopRealEstateAssets $32.68M USD 1 Quarter
Capital expenditures and other major improvements - real estate assets PaymentsForCapitalImprovements $34.62M USD 1 Quarter
Capital expenditures and other major improvements - real estate assets PaymentsForCapitalImprovements $28.42M USD 1 Quarter
Capital expenditures - non-real estate assets PaymentsToAcquireFurnitureAndFixtures $9.68M USD 1 Quarter
Capital expenditures - non-real estate assets PaymentsToAcquireFurnitureAndFixtures $3.04M USD 1 Quarter
Investment in unconsolidated joint ventures and partnerships PaymentsToAcquireInterestInSubsidiariesAndAffiliates $48.23M USD 1 Quarter
Investment in unconsolidated joint ventures and partnerships PaymentsToAcquireInterestInSubsidiariesAndAffiliates $48.60M USD 1 Quarter
Distributions received from unconsolidated joint ventures and partnerships ProceedsFromEquityMethodInvestmentDistributionOrPartnershipsReturnOfCapital $32.65M USD 1 Quarter
Distributions received from unconsolidated joint ventures and partnerships ProceedsFromEquityMethodInvestmentDistributionOrPartnershipsReturnOfCapital $68.19M USD 1 Quarter
Purchase deposits on pending acquisitions PaymentsForDepositsOnPendingAcquisitions $-12.82M USD 1 Quarter
Purchase deposits on pending acquisitions PaymentsForDepositsOnPendingAcquisitions $-6.00M USD 1 Quarter
Repayment/(issuance) of notes receivable, net PaymentsForProceedsFromLoansReceivable $-284.00K USD 1 Quarter
Repayment/(issuance) of notes receivable, net PaymentsForProceedsFromLoansReceivable $-2.80M USD 1 Quarter
Net cash provided by/(used in) investing activities NetCashProvidedByUsedInInvestingActivities $-86.81M USD 1 Quarter
Net cash provided by/(used in) investing activities NetCashProvidedByUsedInInvestingActivities $41.04M USD 1 Quarter
Payments on secured debt RepaymentsOfSecuredDebt $270.00K USD 1 Quarter
Payments on secured debt RepaymentsOfSecuredDebt $280.00K USD 1 Quarter
Payments on unsecured debt RepaymentsOfUnsecuredDebt $300.00M USD 1 Quarter
Net proceeds from the issuance of unsecured debt ProceedsFromIssuanceOfUnsecuredDebt $298.78M USD 1 Quarter
Net proceeds/(repayment) of commercial paper ProceedsFromRepaymentsOfCommercialPaper $60.00M USD 1 Quarter
Net proceeds/(repayment) of commercial paper ProceedsFromRepaymentsOfCommercialPaper $20.00M USD 1 Quarter
Net proceeds/(repayment) of revolving bank debt ProceedsFromRepaymentsOfLinesOfCredit $-10.21M USD 1 Quarter
Net proceeds/(repayment) of revolving bank debt ProceedsFromRepaymentsOfLinesOfCredit $7.65M USD 1 Quarter
Proceeds from the issuance of common shares through public offering, net ProceedsFromIssuanceOfCommonStock $-99.00K USD 1 Quarter
Distributions paid to redeemable noncontrolling interests PaymentsOfDividendsMinorityInterest $7.86M USD 1 Quarter
Distributions paid to redeemable noncontrolling interests PaymentsOfDividendsMinorityInterest $8.52M USD 1 Quarter
Distributions paid to preferred stockholders PaymentsOfDividendsPreferredStockAndPreferenceStock $1.05M USD 1 Quarter
Distributions paid to preferred stockholders PaymentsOfDividendsPreferredStockAndPreferenceStock $1.04M USD 1 Quarter
Distributions paid to common stockholders PaymentsOfDividendsCommonStock $115.41M 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 $-18.65M USD 1 Quarter
Other ProceedsFromPaymentsForOtherFinancingActivities $-5.35M USD 1 Quarter
Net cash provided by/(used in) financing activities NetCashProvidedByUsedInFinancingActivities $-75.70M USD 1 Quarter
Net cash provided by/(used in) financing activities NetCashProvidedByUsedInFinancingActivities $-154.22M USD 1 Quarter
Net increase/(decrease) in cash, cash equivalents, and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $-1.49M 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 $24.17M 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 $26.93M USD Point-in-time
Cash, cash equivalents, and restricted cash, beginning of year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $28.42M USD Point-in-time
Cash, cash equivalents, and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $24.17M 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 $26.93M USD Point-in-time
Cash, cash equivalents, and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $28.42M USD Point-in-time
Interest paid during the period, net of amounts capitalized InterestPaidNet $55.13M USD 1 Quarter
Interest paid during the period, net of amounts capitalized InterestPaidNet $56.28M 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 $222.00K USD 1 Quarter
Cash paid/(refunds received) for income taxes IncomeTaxesPaidNet $-36.00K USD 1 Quarter
Secured debt assumed upon acquisition of real estate assets NoncashOrPartNoncashAcquisitionDebtAssumed1 $58.46M USD 1 Quarter
Redeemable long-term incentive plan units SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1 $14.58M USD 1 Quarter
Redeemable long-term incentive plan units SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1 $37.38M USD 1 Quarter
Development costs and capital expenditures incurred, but not yet paid CapitalExpendituresIncurredButNotYetPaid $31.63M USD 1 Quarter
Development costs and capital expenditures incurred, but not yet paid CapitalExpendituresIncurredButNotYetPaid $43.57M USD 1 Quarter
Conversion of Operating Partnership and DownREIT Partnership noncontrolling interests to common stock (142,984 shares in 2022 and 116,997 shares in 2021) StockIssuedDuringPeriodValueConversionOfUnits $8.58M USD 1 Quarter
Conversion of Operating Partnership and DownREIT Partnership noncontrolling interests to common stock (142,984 shares in 2022 and 116,997 shares in 2021) StockIssuedDuringPeriodValueConversionOfUnits $4.50M USD 1 Quarter
Distribution of equity securities from unconsolidated real estate technology investments DistributionOfEquitySecuritiesFromUnconsolidatedInvestments $6.51M USD 1 Quarter
Dividends declared, but not yet paid DividendsPayableCurrentAndNoncurrent $116.69M USD Point-in-time
Dividends declared, but not yet paid DividendsPayableCurrentAndNoncurrent $130.37M USD Point-in-time
Dividends declared, but not yet paid DividendsPayableCurrentAndNoncurrent $124.73M USD Point-in-time
Stockholders Equity 29 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 $0.38 USD 1 Quarter
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.26B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.02B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.47B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.39B 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 $13.71M 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 $-9.60M USD 1 Quarter
Long Term Incentive Plan Unit grants/(vestings), net LongTermIncentivePlanUnitGrantsVestingsNet $-31.22M USD 1 Quarter
Other comprehensive income/(loss) OtherComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $7.07M USD 1 Quarter
Other comprehensive income/(loss) OtherComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $530.00K USD 1 Quarter
Issuance/(forfeiture) of common and restricted shares, net StockIssuedDuringPeriodValueShareBasedCompensation $-1.04M USD 1 Quarter
Issuance/(forfeiture) of common and restricted shares, net StockIssuedDuringPeriodValueShareBasedCompensation $-196.00K USD 1 Quarter
Issuance of common shares through public offering, net StockIssuedDuringPeriodValueNewIssues $-99.00K USD 1 Quarter
Adjustment for conversion of noncontrolling interest of unitholders in the Operating Partnership and DownREIT Partnership StockIssuedDuringPeriodValueConversionOfUnits $8.58M USD 1 Quarter
Adjustment for conversion of noncontrolling interest of unitholders in the Operating Partnership and DownREIT Partnership StockIssuedDuringPeriodValueConversionOfUnits $4.50M USD 1 Quarter
Common stock distributions declared DividendsCommonStockCash $107.65M USD 1 Quarter
Common stock distributions declared DividendsCommonStockCash $121.07M USD 1 Quarter
Preferred stock distributions declared-Series E PreferredStockDividendsIncomeStatementImpact $1.06M USD 1 Quarter
Preferred stock distributions declared-Series E PreferredStockDividendsIncomeStatementImpact $1.09M USD 1 Quarter
Adjustment to reflect redemption value of redeemable noncontrolling interests MinorityInterestChangeInRedemptionValue $43.75M USD 1 Quarter
Adjustment to reflect redemption value of redeemable noncontrolling interests MinorityInterestChangeInRedemptionValue $-131.70M USD 1 Quarter
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.26B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.02B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.47B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.39B USD Point-in-time
Comprehensive Income 14 line items
Line Item Tag Value Unit Period
Net income/(loss) ProfitLoss $3.27M USD 1 Quarter
Net income/(loss) ProfitLoss $14.60M USD 1 Quarter
Unrealized holding gain/(loss) OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $7.19M USD 1 Quarter
Unrealized holding gain/(loss) OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $127.00K USD 1 Quarter
(Gain)/loss reclassified into earnings from other comprehensive income/(loss) OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax $-387.00K 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 $7.58M USD 1 Quarter
Comprehensive income/(loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $3.85M USD 1 Quarter
Comprehensive income/(loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $22.18M USD 1 Quarter
Comprehensive (income)/loss attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $213.00K USD 1 Quarter
Comprehensive (income)/loss attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $1.41M USD 1 Quarter
Comprehensive income/(loss) attributable to UDR, Inc. ComprehensiveIncomeNetOfTax $3.63M USD 1 Quarter
Comprehensive income/(loss) attributable to UDR, Inc. ComprehensiveIncomeNetOfTax $20.77M USD 1 Quarter

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

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