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10-Q Filing

UDR, INC. CIK: 74208 Q1 2023
Filing Information
Form Type 10-Q
Accession Number 0000074208-23-000044
Period End Date 20230331
Filing Date 20230427
Fiscal Year 2023
Fiscal Period Q1
XBRL Instance udr-20230331x10q_htm.xml
Balance Sheet 86 line items
Line Item Tag Value Unit Period
Real estate under development accumulated depreciation RealEstateUnderDevelopmentAccumulatedDepreciation - USD Point-in-time
Real estate under development accumulated depreciation RealEstateUnderDevelopmentAccumulatedDepreciation $296.00K USD Point-in-time
Real estate held for investment RealEstateInvestmentPropertyAtCost $15.57B USD Point-in-time
Real estate held for disposition accumulated depreciation AccumulatedDepreciationOfRealEstateHeldForSale - USD Point-in-time
Real estate held for disposition accumulated depreciation AccumulatedDepreciationOfRealEstateHeldForSale - USD Point-in-time
Real estate held for investment RealEstateInvestmentPropertyAtCost $15.37B USD Point-in-time
Less: accumulated depreciation RealEstateInvestmentPropertyAccumulatedDepreciation $5.76B USD Point-in-time
Less: accumulated depreciation RealEstateInvestmentPropertyAccumulatedDepreciation $5.93B USD Point-in-time
Real estate held for investment, net RealEstateHeldForInvestmentNetExcludingRealEstateUnderDevelopmentOrHeldForDisposition $9.64B USD Point-in-time
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, net RealEstateHeldForInvestmentNetExcludingRealEstateUnderDevelopmentOrHeldForDisposition $9.60B USD Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 50.00M shares Point-in-time
Real estate under development (net of accumulated depreciation of $0 and $296, respectively) DevelopmentInProcess $189.81M USD Point-in-time
Real estate under development (net of accumulated depreciation of $0 and $296, respectively) DevelopmentInProcess $76.45M 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 $0, respectively) RealEstateHeldForSaleNetofDepreciation $14.04M USD Point-in-time
Total real estate owned, net of accumulated depreciation RealEstateInvestmentPropertyNet $9.81B USD Point-in-time
Total real estate owned, net of accumulated depreciation RealEstateInvestmentPropertyNet $9.72B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $1.17M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $1.19M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $967.00K USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $895.00K USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $29.00M USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $27.45M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $28.04M USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $0.01 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 $71.12M USD Point-in-time
Notes receivable, net FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss $54.71M USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 450.00M shares Point-in-time
Investment in and advances to unconsolidated joint ventures, net InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesFairValueDisclosure $751.39M USD Point-in-time
Investment in and advances to unconsolidated joint ventures, net InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesFairValueDisclosure $754.45M USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 328.99M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 329.17M shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 328.99M shares Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $194.08M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $193.23M USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 329.17M shares Point-in-time
Other assets OtherAssets $207.03M USD Point-in-time
Other assets OtherAssets $197.47M USD Point-in-time
Total assets Assets $10.97B USD Point-in-time
Total assets Assets $11.04B USD Point-in-time
Secured debt, net SecuredDebt $1.05B USD Point-in-time
Secured debt, net SecuredDebt $1.05B USD Point-in-time
Unsecured debt, net UnsecuredDebt $4.44B USD Point-in-time
Unsecured debt, net UnsecuredDebt $4.53B USD Point-in-time
Operating lease liabilities OperatingLeaseLiability $189.24M USD Point-in-time
Operating lease liabilities OperatingLeaseLiability $188.40M USD Point-in-time
Real estate taxes payable AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent $37.68M USD Point-in-time
Real estate taxes payable AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent $35.05M USD Point-in-time
Accrued interest payable InterestPayableCurrentAndNoncurrent $46.67M USD Point-in-time
Accrued interest payable InterestPayableCurrentAndNoncurrent $26.58M USD Point-in-time
Security deposits and prepaid rent AdvanceRent $57.74M USD Point-in-time
Security deposits and prepaid rent AdvanceRent $52.00M USD Point-in-time
Distributions payable DividendsPayableCurrentAndNoncurrent $148.41M USD Point-in-time
Distributions payable DividendsPayableCurrentAndNoncurrent $130.37M USD Point-in-time
Distributions payable DividendsPayableCurrentAndNoncurrent $134.21M USD Point-in-time
Accounts payable, accrued expenses, and other liabilities AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $153.22M USD Point-in-time
Accounts payable, accrued expenses, and other liabilities AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $111.80M USD Point-in-time
Total liabilities Liabilities $6.14B USD Point-in-time
Total liabilities Liabilities $6.10B 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 $839.85M USD Point-in-time
Redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership RedeemableNoncontrollingInterestEquityCommonCarryingAmount $901.65M USD Point-in-time
Common stock, $0.01 par value; 450,000,000 shares authorized at March 31, 2023 and December 31, 2022: 329,173,125 and 328,993,088 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively CommonStockValue $3.29M USD Point-in-time
Common stock, $0.01 par value; 450,000,000 shares authorized at March 31, 2023 and December 31, 2022: 329,173,125 and 328,993,088 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively CommonStockValue $3.29M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $7.49B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $7.49B USD Point-in-time
Distributions in excess of net income AccumulatedDistributionsInExcessOfNetIncome $3.63B USD Point-in-time
Distributions in excess of net income AccumulatedDistributionsInExcessOfNetIncome $3.45B USD Point-in-time
Accumulated other comprehensive income/(loss), net AccumulatedOtherComprehensiveIncomeLossNetOfTax $6.82M USD Point-in-time
Accumulated other comprehensive income/(loss), net AccumulatedOtherComprehensiveIncomeLossNetOfTax $8.34M USD Point-in-time
Total stockholders' equity StockholdersEquity $4.10B USD Point-in-time
Total stockholders' equity StockholdersEquity $3.92B USD Point-in-time
Noncontrolling interests MinorityInterest $210.00K USD Point-in-time
Noncontrolling interests MinorityInterest $210.00K USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.39B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.47B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.10B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.92B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $10.97B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $11.04B USD Point-in-time
Income Statement 58 line items
Line Item Tag Value Unit Period
Rental income OperatingLeaseLeaseIncome $356.18M USD 1 Quarter
Rental income OperatingLeaseLeaseIncome $398.31M USD 1 Quarter
Joint venture management and other fees RevenueFromContractWithCustomerExcludingAssessedTax $1.24M USD 1 Quarter
Joint venture management and other fees RevenueFromContractWithCustomerExcludingAssessedTax $1.08M USD 1 Quarter
Total revenues Revenues $399.55M USD 1 Quarter
Total revenues Revenues $357.27M USD 1 Quarter
Property operating and maintenance DirectCostsOfLeasedAndRentedPropertyOrEquipment $58.48M USD 1 Quarter
Property operating and maintenance DirectCostsOfLeasedAndRentedPropertyOrEquipment $64.83M USD 1 Quarter
Real estate taxes and insurance RealEstateTaxesAndInsurance $57.97M USD 1 Quarter
Real estate taxes and insurance RealEstateTaxesAndInsurance $53.76M USD 1 Quarter
Property management PropertyManagementCostsOperating $12.95M USD 1 Quarter
Property management PropertyManagementCostsOperating $11.58M USD 1 Quarter
Other operating expenses OtherCostAndExpenseOperating $4.71M USD 1 Quarter
Other operating expenses OtherCostAndExpenseOperating $3.03M USD 1 Quarter
Real estate depreciation and amortization DepreciationNonproduction $163.62M USD 1 Quarter
Real estate depreciation and amortization DepreciationNonproduction $169.30M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $14.91M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $17.48M USD 1 Quarter
Casualty-related charges/(recoveries), net CasualtyRelatedRecoveriesChargesNet $4.16M USD 1 Quarter
Casualty-related charges/(recoveries), net CasualtyRelatedRecoveriesChargesNet $-765.00K USD 1 Quarter
Other depreciation and amortization OtherDepreciationAndAmortization $3.08M USD 1 Quarter
Other depreciation and amortization OtherDepreciationAndAmortization $3.65M USD 1 Quarter
Total operating expenses CostsAndExpenses $309.38M USD 1 Quarter
Total operating expenses CostsAndExpenses $333.37M USD 1 Quarter
Gain/(loss) on sale of real estate owned GainsLossesOnSalesOfInvestmentRealEstate - USD 1 Quarter
Gain/(loss) on sale of real estate owned GainsLossesOnSalesOfInvestmentRealEstate $1.00K USD 1 Quarter
Operating income OperatingIncomeLoss $47.89M USD 1 Quarter
Operating income OperatingIncomeLoss $66.18M USD 1 Quarter
Income/(loss) from unconsolidated entities IncomeLossFromEquityMethodInvestments $5.41M USD 1 Quarter
Income/(loss) from unconsolidated entities IncomeLossFromEquityMethodInvestments $9.71M USD 1 Quarter
Interest expense InterestExpenseDebt $43.74M USD 1 Quarter
Interest expense InterestExpenseDebt $35.92M USD 1 Quarter
Interest income and other income/(expense), net OtherNonoperatingIncomeExpense $-2.44M USD 1 Quarter
Interest income and other income/(expense), net OtherNonoperatingIncomeExpense $1.01M USD 1 Quarter
Income/(loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $14.95M USD 1 Quarter
Income/(loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $33.16M USD 1 Quarter
Tax (provision)/benefit, net IncomeTaxExpenseBenefit $234.00K USD 1 Quarter
Tax (provision)/benefit, net IncomeTaxExpenseBenefit $343.00K USD 1 Quarter
Net income/(loss) ProfitLoss $32.92M 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 $1.95M 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 noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $19.00K USD 1 Quarter
Net income/(loss) attributable to noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $8.00K USD 1 Quarter
Net income/(loss) attributable to UDR, Inc. NetIncomeLoss $30.96M USD 1 Quarter
Net income/(loss) attributable to UDR, Inc. NetIncomeLoss $13.71M USD 1 Quarter
Distributions to preferred stockholders - Series E (Convertible) DividendsPreferredStock $1.18M USD 1 Quarter
Distributions to preferred stockholders - Series E (Convertible) DividendsPreferredStock $1.09M USD 1 Quarter
Net income/(loss) attributable to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $29.78M USD 1 Quarter
Net income/(loss) attributable to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $12.61M USD 1 Quarter
Income/(loss) per weighted average common share - basic EarningsPerShareBasic $0.04 USD 1 Quarter
Income/(loss) per weighted average common share - basic EarningsPerShareBasic $0.09 USD 1 Quarter
Income/(loss) per weighted average common share - diluted EarningsPerShareDiluted $0.09 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 328.79M shares 1 Quarter
Weighted average number of common shares outstanding - basic WeightedAverageNumberOfSharesOutstandingBasic 318.01M shares 1 Quarter
Weighted average number of common shares outstanding - diluted WeightedAverageNumberOfDilutedSharesOutstanding 319.68M shares 1 Quarter
Weighted average number of common shares outstanding - diluted WeightedAverageNumberOfDilutedSharesOutstanding 329.42M shares 1 Quarter
Cash Flow Statement 81 line items
Line Item Tag Value Unit Period
Net income/(loss) ProfitLoss $32.92M USD 1 Quarter
Net income/(loss) ProfitLoss $14.60M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $172.95M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $166.70M USD 1 Quarter
(Gain)/loss on sale of real estate owned GainsLossesOnSalesOfInvestmentRealEstate - USD 1 Quarter
(Gain)/loss on sale of real estate owned GainsLossesOnSalesOfInvestmentRealEstate $1.00K USD 1 Quarter
(Income)/loss from unconsolidated entities IncomeLossFromEquityMethodInvestments $5.41M USD 1 Quarter
(Income)/loss from unconsolidated entities IncomeLossFromEquityMethodInvestments $9.71M USD 1 Quarter
Return on investment in unconsolidated joint ventures and partnerships ReturnOnInvestmentInEquityMethodInvestments $4.32M USD 1 Quarter
Return on investment in unconsolidated joint ventures and partnerships ReturnOnInvestmentInEquityMethodInvestments $12.35M USD 1 Quarter
Amortization of share-based compensation ShareBasedCompensation $8.25M USD 1 Quarter
Amortization of share-based compensation ShareBasedCompensation $6.37M USD 1 Quarter
Other OtherOperatingActivitiesCashFlowStatement $6.42M USD 1 Quarter
Other OtherOperatingActivitiesCashFlowStatement $7.69M USD 1 Quarter
(Increase)/decrease in operating assets IncreaseDecreaseInOperatingAssets $-4.98M USD 1 Quarter
(Increase)/decrease in operating assets IncreaseDecreaseInOperatingAssets $7.12M USD 1 Quarter
Increase/(decrease) in operating liabilities IncreaseDecreaseInOperatingLiabilities $-44.99M USD 1 Quarter
Increase/(decrease) in operating liabilities IncreaseDecreaseInOperatingLiabilities $-41.28M 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 $168.01M USD 1 Quarter
Development of real estate assets PaymentsToDevelopRealEstateAssets $42.50M USD 1 Quarter
Development of real estate assets PaymentsToDevelopRealEstateAssets $56.76M 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 $54.35M USD 1 Quarter
Capital expenditures - non-real estate assets PaymentsToAcquireFurnitureAndFixtures $4.53M USD 1 Quarter
Capital expenditures - non-real estate assets PaymentsToAcquireFurnitureAndFixtures $9.68M USD 1 Quarter
Investment in unconsolidated joint ventures and partnerships PaymentsToAcquireInterestInSubsidiariesAndAffiliates $1.82M USD 1 Quarter
Investment in unconsolidated joint ventures and partnerships PaymentsToAcquireInterestInSubsidiariesAndAffiliates $48.23M USD 1 Quarter
Distributions received from unconsolidated joint ventures and partnerships ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $68.19M USD 1 Quarter
Distributions received from unconsolidated joint ventures and partnerships ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $3.11M USD 1 Quarter
Purchase deposits on pending acquisitions PaymentsForDepositsOnPendingAcquisitions $-743.00K USD 1 Quarter
Purchase deposits on pending acquisitions PaymentsForDepositsOnPendingAcquisitions $-6.00M USD 1 Quarter
Repayment/(issuance) of notes receivable, net PaymentsForProceedsFromLoansReceivable $16.50M USD 1 Quarter
Repayment/(issuance) of notes receivable, net PaymentsForProceedsFromLoansReceivable $-284.00K USD 1 Quarter
Net cash provided by/(used in) investing activities NetCashProvidedByUsedInInvestingActivities $-117.34M USD 1 Quarter
Net cash provided by/(used in) investing activities NetCashProvidedByUsedInInvestingActivities $-86.81M USD 1 Quarter
Payments on secured debt RepaymentsOfSecuredDebt $280.00K USD 1 Quarter
Payments on secured debt RepaymentsOfSecuredDebt $292.00K USD 1 Quarter
Net proceeds/(repayment) of commercial paper ProceedsFromRepaymentsOfCommercialPaper $60.00M USD 1 Quarter
Net proceeds/(repayment) of commercial paper ProceedsFromRepaymentsOfCommercialPaper $105.00M USD 1 Quarter
Net proceeds/(repayment) of revolving bank debt ProceedsFromRepaymentsOfLinesOfCredit $7.65M USD 1 Quarter
Net proceeds/(repayment) of revolving bank debt ProceedsFromRepaymentsOfLinesOfCredit $-14.24M USD 1 Quarter
Proceeds from the issuance of common shares through public offering, net ProceedsFromIssuanceOfCommonStock $-462.00K 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 $8.18M USD 1 Quarter
Distributions paid to preferred stockholders PaymentsOfDividendsPreferredStockAndPreferenceStock $1.05M USD 1 Quarter
Distributions paid to preferred stockholders PaymentsOfDividendsPreferredStockAndPreferenceStock $1.10M USD 1 Quarter
Distributions paid to common stockholders PaymentsOfDividendsCommonStock $115.41M USD 1 Quarter
Distributions paid to common stockholders PaymentsOfDividendsCommonStock $125.08M USD 1 Quarter
Other ProceedsFromPaymentsForOtherFinancingActivities $-18.65M USD 1 Quarter
Other ProceedsFromPaymentsForOtherFinancingActivities $-7.30M USD 1 Quarter
Net cash provided by/(used in) financing activities NetCashProvidedByUsedInFinancingActivities $-51.66M USD 1 Quarter
Net cash provided by/(used in) financing activities NetCashProvidedByUsedInFinancingActivities $-75.70M USD 1 Quarter
Net increase/(decrease) in cash, cash equivalents, and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $-984.00K USD 1 Quarter
Net increase/(decrease) in cash, cash equivalents, and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $-1.49M USD 1 Quarter
Cash, cash equivalents, and restricted cash, beginning of year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $30.19M USD Point-in-time
Cash, cash equivalents, and restricted cash, beginning of year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $29.21M 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 $30.19M USD Point-in-time
Cash, cash equivalents, and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $29.21M 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 $64.71M USD 1 Quarter
Interest paid during the period, net of amounts capitalized InterestPaidNet $55.13M 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 $206.00K USD 1 Quarter
Cash paid/(refunds received) for income taxes IncomeTaxesPaidNet $222.00K USD 1 Quarter
Redeemable long-term and short-term incentive plan units SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1 $37.38M USD 1 Quarter
Redeemable long-term and short-term incentive plan units SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1 $6.99M USD 1 Quarter
Development costs and capital expenditures incurred, but not yet paid CapitalExpendituresIncurredButNotYetPaid $35.52M 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 (9,957 shares and 142,984 shares, respectively) ConversionOfStockAmountConverted1 $386.00K USD 1 Quarter
Conversion of Operating Partnership and DownREIT Partnership noncontrolling interests to common stock (9,957 shares and 142,984 shares, respectively) ConversionOfStockAmountConverted1 $8.58M USD 1 Quarter
Distribution of equity securities from unconsolidated real estate technology investments DistributionOfEquitySecuritiesFromUnconsolidatedInvestments $7.75M 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 $148.41M USD Point-in-time
Dividends declared, but not yet paid DividendsPayableCurrentAndNoncurrent $130.37M USD Point-in-time
Dividends declared, but not yet paid DividendsPayableCurrentAndNoncurrent $134.21M USD Point-in-time
Stockholders Equity 27 line items
Line Item Tag Value Unit Period
Common stock distributions declared per share CommonStockDividendsPerShareDeclared $0.38 USD 1 Quarter
Common stock distributions declared per share CommonStockDividendsPerShareDeclared $0.42 USD 1 Quarter
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.39B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.47B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.10B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.92B USD Point-in-time
Net income/(loss) attributable to UDR, Inc. NetIncomeLoss $30.96M USD 1 Quarter
Net income/(loss) attributable to UDR, Inc. NetIncomeLoss $13.71M 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 $-1.52M USD 1 Quarter
Issuance/(forfeiture) of common and restricted shares, net StockIssuedDuringPeriodValueShareBasedCompensation $697.00K USD 1 Quarter
Issuance/(forfeiture) of common and restricted shares, net StockIssuedDuringPeriodValueShareBasedCompensation $-1.04M USD 1 Quarter
Issuance of common shares through public offering, net StockIssuedDuringPeriodValueNewIssues $-462.00K 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 $386.00K USD 1 Quarter
Adjustment for conversion of noncontrolling interest of unitholders in the Operating Partnership and DownREIT Partnership StockIssuedDuringPeriodValueConversionOfUnits $8.58M USD 1 Quarter
Common stock distributions declared DividendsCommonStockCash $138.32M USD 1 Quarter
Common stock distributions declared DividendsCommonStockCash $121.07M USD 1 Quarter
Preferred stock distributions declared-Series E PreferredStockDividendsIncomeStatementImpact $1.09M USD 1 Quarter
Preferred stock distributions declared-Series E PreferredStockDividendsIncomeStatementImpact $1.18M USD 1 Quarter
Adjustment to reflect redemption value of redeemable noncontrolling interests MinorityInterestChangeInRedemptionValue $-67.75M USD 1 Quarter
Adjustment to reflect redemption value of redeemable noncontrolling interests MinorityInterestChangeInRedemptionValue $43.75M USD 1 Quarter
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.39B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.47B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.10B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.92B USD Point-in-time
Comprehensive Income 14 line items
Line Item Tag Value Unit Period
Net income/(loss) ProfitLoss $32.92M USD 1 Quarter
Net income/(loss) ProfitLoss $14.60M USD 1 Quarter
Unrealized holding gain/(loss) OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $-273.00K USD 1 Quarter
Unrealized holding gain/(loss) OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $7.19M USD 1 Quarter
(Gain)/loss reclassified into earnings from other comprehensive income/(loss) OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax $1.37M USD 1 Quarter
(Gain)/loss reclassified into earnings from other comprehensive income/(loss) OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax $-387.00K USD 1 Quarter
Other comprehensive income/(loss), including portion attributable to noncontrolling interests OtherComprehensiveIncomeLossNetOfTax $-1.64M USD 1 Quarter
Other comprehensive income/(loss), including portion attributable to noncontrolling interests OtherComprehensiveIncomeLossNetOfTax $7.58M USD 1 Quarter
Comprehensive income/(loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $22.18M USD 1 Quarter
Comprehensive income/(loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $31.28M USD 1 Quarter
Comprehensive (income)/loss attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $1.84M USD 1 Quarter
Comprehensive (income)/loss attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $1.41M USD 1 Quarter
Comprehensive income/(loss) attributable to UDR, Inc. ComprehensiveIncomeNetOfTax $29.44M 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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