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10-Q Filing

UDR, INC. CIK: 74208 Q2 2023
Filing Information
Form Type 10-Q
Accession Number 0000074208-23-000056
Period End Date 20230630
Filing Date 20230727
Fiscal Year 2023
Fiscal Period Q2
XBRL Instance udr-20230630x10q_htm.xml
Balance Sheet 88 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 $15.34B USD Point-in-time
Real estate held for investment RealEstateInvestmentPropertyAtCost $15.37B 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
Less: accumulated depreciation RealEstateInvestmentPropertyAccumulatedDepreciation $5.95B USD Point-in-time
Less: accumulated depreciation RealEstateInvestmentPropertyAccumulatedDepreciation $5.76B USD Point-in-time
Real estate held for investment, net RealEstateHeldForInvestmentNetExcludingRealEstateUnderDevelopmentOrHeldForDisposition $9.60B 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 $9.39B 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
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 $108.43M USD 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 $9.50B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $921.00K USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $1.19M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $1.54M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $967.00K USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $28.84M USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $29.00M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $27.77M 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, shares authorized CommonStockSharesAuthorized 450.00M shares Point-in-time
Notes receivable, net NotesReceivableNet $54.71M USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 450.00M shares Point-in-time
Notes receivable, net NotesReceivableNet $183.63M USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 329.48M shares Point-in-time
Investment in and advances to unconsolidated joint ventures, net InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesFairValueDisclosure $963.25M USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 328.99M shares Point-in-time
Investment in and advances to unconsolidated joint ventures, net InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesFairValueDisclosure $754.45M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $192.37M USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 329.48M 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
Other assets OtherAssets $197.47M USD Point-in-time
Other assets OtherAssets $218.78M USD Point-in-time
Total assets Assets $11.09B 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 $4.38B USD Point-in-time
Operating lease liabilities OperatingLeaseLiability $187.56M USD Point-in-time
Operating lease liabilities OperatingLeaseLiability $189.24M USD Point-in-time
Real estate taxes payable AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent $37.68M USD Point-in-time
Real estate taxes payable AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent $38.95M USD Point-in-time
Accrued interest payable InterestPayableCurrentAndNoncurrent $46.67M USD Point-in-time
Accrued interest payable InterestPayableCurrentAndNoncurrent $46.73M USD Point-in-time
Security deposits and prepaid rent AdvanceRent $56.69M USD Point-in-time
Security deposits and prepaid rent AdvanceRent $52.00M USD Point-in-time
Distributions payable DividendsPayableCurrentAndNoncurrent $148.40M USD Point-in-time
Distributions payable DividendsPayableCurrentAndNoncurrent $134.21M USD Point-in-time
Distributions payable DividendsPayableCurrentAndNoncurrent $132.79M 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 $124.45M USD Point-in-time
Total liabilities Liabilities $6.10B 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 $839.85M USD Point-in-time
Redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership RedeemableNoncontrollingInterestEquityCommonCarryingAmount $935.54M USD Point-in-time
Common stock, $0.01 par value; 450,000,000 shares authorized at June 30, 2023 and December 31, 2022: 329,478,476 and 328,993,088 shares issued and outstanding at June 30, 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 June 30, 2023 and December 31, 2022: 329,478,476 and 328,993,088 shares issued and outstanding at June 30, 2023 and December 31, 2022, respectively CommonStockValue $3.29M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $7.51B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $7.49B USD Point-in-time
Distributions in excess of net income AccumulatedDistributionsInExcessOfNetIncome $3.45B USD Point-in-time
Distributions in excess of net income AccumulatedDistributionsInExcessOfNetIncome $3.45B USD Point-in-time
Accumulated other comprehensive income/(loss), net AccumulatedOtherComprehensiveIncomeLossNetOfTax $8.34M USD Point-in-time
Accumulated other comprehensive income/(loss), net AccumulatedOtherComprehensiveIncomeLossNetOfTax $9.12M USD Point-in-time
Total stockholders' equity StockholdersEquity $4.10B USD Point-in-time
Total stockholders' equity StockholdersEquity $4.12B 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 $4.12B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.92B 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 $3.87B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.39B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $11.09B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $11.04B USD Point-in-time
Income Statement 116 line items
Line Item Tag Value Unit Period
Rental income OperatingLeaseLeaseIncome $403.10M USD 1 Quarter
Rental income OperatingLeaseLeaseIncome $723.93M USD 2 Qtrs
Rental income OperatingLeaseLeaseIncome $801.40M USD 2 Qtrs
Rental income OperatingLeaseLeaseIncome $367.75M USD 1 Quarter
Joint venture management and other fees RevenueFromContractWithCustomerExcludingAssessedTax $2.50M USD 2 Qtrs
Joint venture management and other fees RevenueFromContractWithCustomerExcludingAssessedTax $2.69M USD 2 Qtrs
Joint venture management and other fees RevenueFromContractWithCustomerExcludingAssessedTax $1.45M USD 1 Quarter
Joint venture management and other fees RevenueFromContractWithCustomerExcludingAssessedTax $1.42M USD 1 Quarter
Total revenues Revenues $404.55M USD 1 Quarter
Total revenues Revenues $804.10M USD 2 Qtrs
Total revenues Revenues $726.43M USD 2 Qtrs
Total revenues Revenues $369.17M USD 1 Quarter
Property operating and maintenance DirectCostsOfLeasedAndRentedPropertyOrEquipment $60.41M USD 1 Quarter
Property operating and maintenance DirectCostsOfLeasedAndRentedPropertyOrEquipment $133.69M USD 2 Qtrs
Property operating and maintenance DirectCostsOfLeasedAndRentedPropertyOrEquipment $118.89M USD 2 Qtrs
Property operating and maintenance DirectCostsOfLeasedAndRentedPropertyOrEquipment $68.86M USD 1 Quarter
Real estate taxes and insurance RealEstateTaxesAndInsurance $115.49M USD 2 Qtrs
Real estate taxes and insurance RealEstateTaxesAndInsurance $106.55M USD 2 Qtrs
Real estate taxes and insurance RealEstateTaxesAndInsurance $52.79M USD 1 Quarter
Real estate taxes and insurance RealEstateTaxesAndInsurance $57.52M USD 1 Quarter
Property management PropertyManagementCostsOperating $13.10M USD 1 Quarter
Property management PropertyManagementCostsOperating $11.95M USD 1 Quarter
Property management PropertyManagementCostsOperating $23.53M USD 2 Qtrs
Property management PropertyManagementCostsOperating $26.05M USD 2 Qtrs
Other operating expenses OtherCostAndExpenseOperating $4.26M USD 1 Quarter
Other operating expenses OtherCostAndExpenseOperating $5.03M USD 1 Quarter
Other operating expenses OtherCostAndExpenseOperating $9.74M USD 2 Qtrs
Other operating expenses OtherCostAndExpenseOperating $7.29M USD 2 Qtrs
Real estate depreciation and amortization DepreciationNonproduction $338.23M USD 2 Qtrs
Real estate depreciation and amortization DepreciationNonproduction $167.58M USD 1 Quarter
Real estate depreciation and amortization DepreciationNonproduction $331.21M USD 2 Qtrs
Real estate depreciation and amortization DepreciationNonproduction $168.93M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $33.93M USD 2 Qtrs
General and administrative GeneralAndAdministrativeExpense $16.45M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $16.59M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $31.49M USD 2 Qtrs
Casualty-related charges/(recoveries), net CasualtyRelatedRecoveriesChargesNet $1.07M USD 1 Quarter
Casualty-related charges/(recoveries), net CasualtyRelatedRecoveriesChargesNet $309.00K USD 2 Qtrs
Casualty-related charges/(recoveries), net CasualtyRelatedRecoveriesChargesNet $5.29M USD 2 Qtrs
Casualty-related charges/(recoveries), net CasualtyRelatedRecoveriesChargesNet $1.13M USD 1 Quarter
Other depreciation and amortization OtherDepreciationAndAmortization $3.02M USD 1 Quarter
Other depreciation and amortization OtherDepreciationAndAmortization $7.33M USD 2 Qtrs
Other depreciation and amortization OtherDepreciationAndAmortization $3.68M USD 1 Quarter
Other depreciation and amortization OtherDepreciationAndAmortization $6.09M USD 2 Qtrs
Total operating expenses CostsAndExpenses $318.43M USD 1 Quarter
Total operating expenses CostsAndExpenses $627.81M USD 2 Qtrs
Total operating expenses CostsAndExpenses $333.93M USD 1 Quarter
Total operating expenses CostsAndExpenses $667.29M USD 2 Qtrs
Gain/(loss) on sale of real estate owned GainsLossesOnSalesOfInvestmentRealEstate - USD 1 Quarter
Gain/(loss) on sale of real estate owned GainsLossesOnSalesOfInvestmentRealEstate - USD 2 Qtrs
Gain/(loss) on sale of real estate owned GainsLossesOnSalesOfInvestmentRealEstate $325.88M USD 1 Quarter
Gain/(loss) on sale of real estate owned GainsLossesOnSalesOfInvestmentRealEstate $325.88M USD 2 Qtrs
Operating income OperatingIncomeLoss $98.63M USD 2 Qtrs
Operating income OperatingIncomeLoss $462.69M USD 2 Qtrs
Operating income OperatingIncomeLoss $396.50M USD 1 Quarter
Operating income OperatingIncomeLoss $50.74M USD 1 Quarter
Income/(loss) from unconsolidated entities IncomeLossFromEquityMethodInvestments $9.70M USD 1 Quarter
Income/(loss) from unconsolidated entities IncomeLossFromEquityMethodInvestments $19.40M USD 2 Qtrs
Income/(loss) from unconsolidated entities IncomeLossFromEquityMethodInvestments $-5.82M USD 2 Qtrs
Income/(loss) from unconsolidated entities IncomeLossFromEquityMethodInvestments $-11.23M USD 1 Quarter
Interest expense InterestExpenseDebt $45.11M USD 1 Quarter
Interest expense InterestExpenseDebt $88.86M USD 2 Qtrs
Interest expense InterestExpenseDebt $72.75M USD 2 Qtrs
Interest expense InterestExpenseDebt $36.83M USD 1 Quarter
Interest income and other income/(expense), net OtherNonoperatingIncomeExpense $11.46M USD 2 Qtrs
Interest income and other income/(expense), net OtherNonoperatingIncomeExpense $10.45M USD 1 Quarter
Interest income and other income/(expense), net OtherNonoperatingIncomeExpense $3.00M USD 1 Quarter
Interest income and other income/(expense), net OtherNonoperatingIncomeExpense $561.00K USD 2 Qtrs
Income/(loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $371.53M USD 1 Quarter
Income/(loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $404.69M USD 2 Qtrs
Income/(loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $20.62M USD 2 Qtrs
Income/(loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $5.68M USD 1 Quarter
Tax (provision)/benefit, net IncomeTaxExpenseBenefit $1.58M USD 2 Qtrs
Tax (provision)/benefit, net IncomeTaxExpenseBenefit $1.35M USD 1 Quarter
Tax (provision)/benefit, net IncomeTaxExpenseBenefit $655.00K USD 2 Qtrs
Tax (provision)/benefit, net IncomeTaxExpenseBenefit $312.00K USD 1 Quarter
Net income/(loss) ProfitLoss $403.11M USD 2 Qtrs
Net income/(loss) ProfitLoss $370.18M USD 1 Quarter
Net income/(loss) ProfitLoss $19.97M USD 2 Qtrs
Net income/(loss) ProfitLoss $5.36M USD 1 Quarter
Net (income)/loss attributable to redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership NetIncomeLossAttributableToRedeemableNoncontrollingInterest $1.15M USD 2 Qtrs
Net (income)/loss attributable to redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership NetIncomeLossAttributableToRedeemableNoncontrollingInterest $22.63M USD 1 Quarter
Net (income)/loss attributable to redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership NetIncomeLossAttributableToRedeemableNoncontrollingInterest $272.00K USD 1 Quarter
Net (income)/loss attributable to redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership NetIncomeLossAttributableToRedeemableNoncontrollingInterest $24.58M USD 2 Qtrs
Net (income)/loss attributable to noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $16.00K USD 2 Qtrs
Net (income)/loss attributable to noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $8.00K USD 1 Quarter
Net (income)/loss attributable to noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $8.00K USD 1 Quarter
Net (income)/loss attributable to noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $27.00K USD 2 Qtrs
Net income/(loss) attributable to UDR, Inc. NetIncomeLoss $5.08M USD 1 Quarter
Net income/(loss) attributable to UDR, Inc. NetIncomeLoss $18.79M USD 2 Qtrs
Net income/(loss) attributable to UDR, Inc. NetIncomeLoss $378.51M USD 2 Qtrs
Net income/(loss) attributable to UDR, Inc. NetIncomeLoss $347.55M USD 1 Quarter
Distributions to preferred stockholders - Series E (Convertible) DividendsPreferredStock $1.11M USD 1 Quarter
Distributions to preferred stockholders - Series E (Convertible) DividendsPreferredStock $2.40M USD 2 Qtrs
Distributions to preferred stockholders - Series E (Convertible) DividendsPreferredStock $1.22M USD 1 Quarter
Distributions to preferred stockholders - Series E (Convertible) DividendsPreferredStock $2.20M USD 2 Qtrs
Net income/(loss) attributable to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $346.32M USD 1 Quarter
Net income/(loss) attributable to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $376.10M USD 2 Qtrs
Net income/(loss) attributable to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $3.98M USD 1 Quarter
Net income/(loss) attributable to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $16.59M USD 2 Qtrs
Income/(loss) per weighted average common share - basic EarningsPerShareBasic $1.05 USD 1 Quarter
Income/(loss) per weighted average common share - basic EarningsPerShareBasic $0.05 USD 2 Qtrs
Income/(loss) per weighted average common share - basic EarningsPerShareBasic $1.14 USD 2 Qtrs
Income/(loss) per weighted average common share - basic EarningsPerShareBasic $0.01 USD 1 Quarter
Income/(loss) per weighted average common share - diluted EarningsPerShareDiluted $1.14 USD 2 Qtrs
Income/(loss) per weighted average common share - diluted EarningsPerShareDiluted $0.05 USD 2 Qtrs
Income/(loss) per weighted average common share - diluted EarningsPerShareDiluted $0.01 USD 1 Quarter
Income/(loss) per weighted average common share - diluted EarningsPerShareDiluted $1.05 USD 1 Quarter
Weighted average number of common shares outstanding - basic WeightedAverageNumberOfSharesOutstandingBasic 318.35M shares 1 Quarter
Weighted average number of common shares outstanding - basic WeightedAverageNumberOfSharesOutstandingBasic 318.18M shares 2 Qtrs
Weighted average number of common shares outstanding - basic WeightedAverageNumberOfSharesOutstandingBasic 328.96M shares 1 Quarter
Weighted average number of common shares outstanding - basic WeightedAverageNumberOfSharesOutstandingBasic 328.87M shares 2 Qtrs
Weighted average number of common shares outstanding - diluted WeightedAverageNumberOfDilutedSharesOutstanding 319.57M shares 1 Quarter
Weighted average number of common shares outstanding - diluted WeightedAverageNumberOfDilutedSharesOutstanding 319.59M shares 2 Qtrs
Weighted average number of common shares outstanding - diluted WeightedAverageNumberOfDilutedSharesOutstanding 332.48M shares 1 Quarter
Weighted average number of common shares outstanding - diluted WeightedAverageNumberOfDilutedSharesOutstanding 332.41M shares 2 Qtrs
Cash Flow Statement 90 line items
Line Item Tag Value Unit Period
Net income/(loss) ProfitLoss $403.11M USD 2 Qtrs
Net income/(loss) ProfitLoss $370.18M USD 1 Quarter
Net income/(loss) ProfitLoss $19.97M USD 2 Qtrs
Net income/(loss) ProfitLoss $5.36M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $345.56M USD 2 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $337.30M USD 2 Qtrs
(Gain)/loss on sale of real estate owned GainsLossesOnSalesOfInvestmentRealEstate - USD 1 Quarter
(Gain)/loss on sale of real estate owned GainsLossesOnSalesOfInvestmentRealEstate - USD 2 Qtrs
(Gain)/loss on sale of real estate owned GainsLossesOnSalesOfInvestmentRealEstate $325.88M USD 1 Quarter
(Gain)/loss on sale of real estate owned GainsLossesOnSalesOfInvestmentRealEstate $325.88M USD 2 Qtrs
(Income)/loss from unconsolidated entities IncomeLossFromEquityMethodInvestments $9.70M USD 1 Quarter
(Income)/loss from unconsolidated entities IncomeLossFromEquityMethodInvestments $19.40M USD 2 Qtrs
(Income)/loss from unconsolidated entities IncomeLossFromEquityMethodInvestments $-5.82M USD 2 Qtrs
(Income)/loss from unconsolidated entities IncomeLossFromEquityMethodInvestments $-11.23M USD 1 Quarter
Return on investment in unconsolidated joint ventures and partnerships ReturnOnInvestmentInEquityMethodInvestments $8.05M USD 2 Qtrs
Return on investment in unconsolidated joint ventures and partnerships ReturnOnInvestmentInEquityMethodInvestments $14.31M USD 2 Qtrs
Amortization of share-based compensation ShareBasedCompensation $15.66M USD 2 Qtrs
Amortization of share-based compensation ShareBasedCompensation $13.81M USD 2 Qtrs
Other OtherOperatingActivitiesCashFlowStatement $4.16M USD 2 Qtrs
Other OtherOperatingActivitiesCashFlowStatement $12.06M USD 2 Qtrs
(Increase)/decrease in operating assets IncreaseDecreaseInOperatingAssets $14.80M USD 2 Qtrs
(Increase)/decrease in operating assets IncreaseDecreaseInOperatingAssets $-3.95M USD 2 Qtrs
Increase/(decrease) in operating liabilities IncreaseDecreaseInOperatingLiabilities $-9.13M USD 2 Qtrs
Increase/(decrease) in operating liabilities IncreaseDecreaseInOperatingLiabilities $-6.45M USD 2 Qtrs
Net cash provided by/(used in) operating activities NetCashProvidedByUsedInOperatingActivities $398.09M USD 2 Qtrs
Net cash provided by/(used in) operating activities NetCashProvidedByUsedInOperatingActivities $409.99M USD 2 Qtrs
Acquisition of real estate assets PaymentsToAcquireBuildings $341.15M USD 2 Qtrs
Proceeds from sales of real estate investments, net ProceedsFromSaleOfRealEstateHeldforinvestment $247.94M USD 2 Qtrs
Development of real estate assets PaymentsToDevelopRealEstateAssets $118.97M USD 2 Qtrs
Development of real estate assets PaymentsToDevelopRealEstateAssets $82.80M USD 2 Qtrs
Capital expenditures and other major improvements - real estate assets PaymentsForCapitalImprovements $144.30M USD 2 Qtrs
Capital expenditures and other major improvements - real estate assets PaymentsForCapitalImprovements $74.69M USD 2 Qtrs
Capital expenditures - non-real estate assets PaymentsToAcquireFurnitureAndFixtures $9.14M USD 2 Qtrs
Capital expenditures - non-real estate assets PaymentsToAcquireFurnitureAndFixtures $12.37M USD 2 Qtrs
Investment in unconsolidated joint ventures and partnerships PaymentsToAcquireInterestInSubsidiariesAndAffiliates $25.38M USD 2 Qtrs
Investment in unconsolidated joint ventures and partnerships PaymentsToAcquireInterestInSubsidiariesAndAffiliates $91.87M USD 2 Qtrs
Distributions received from unconsolidated joint ventures and partnerships ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $75.71M USD 2 Qtrs
Distributions received from unconsolidated joint ventures and partnerships ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $5.72M USD 2 Qtrs
Purchase deposits on pending acquisitions PaymentsForDepositsOnPendingAcquisitions $-1.00M USD 2 Qtrs
Repayment/(issuance) of notes receivable, net PaymentsForProceedsFromLoansReceivable $52.72M USD 2 Qtrs
Repayment/(issuance) of notes receivable, net PaymentsForProceedsFromLoansReceivable $10.74M USD 2 Qtrs
Net cash provided by/(used in) investing activities NetCashProvidedByUsedInInvestingActivities $-60.69M USD 2 Qtrs
Net cash provided by/(used in) investing activities NetCashProvidedByUsedInInvestingActivities $-575.08M USD 2 Qtrs
Payments on secured debt RepaymentsOfSecuredDebt $587.00K USD 2 Qtrs
Payments on secured debt RepaymentsOfSecuredDebt $565.00K USD 2 Qtrs
Net proceeds/(repayment) of commercial paper ProceedsFromRepaymentsOfCommercialPaper $-50.00M USD 2 Qtrs
Net proceeds/(repayment) of commercial paper ProceedsFromRepaymentsOfCommercialPaper $105.00M USD 2 Qtrs
Net proceeds/(repayment) of revolving bank debt ProceedsFromRepaymentsOfLinesOfCredit $-8.05M USD 2 Qtrs
Net proceeds/(repayment) of revolving bank debt ProceedsFromRepaymentsOfLinesOfCredit $1.38M USD 2 Qtrs
Proceeds from the issuance of common shares through public offering, net ProceedsFromIssuanceOfCommonStock $-473.00K USD 2 Qtrs
Proceeds from the issuance of common shares through public offering, net ProceedsFromIssuanceOfCommonStock $350.27M USD 2 Qtrs
Distributions paid to redeemable noncontrolling interests PaymentsOfDividendsMinorityInterest $17.08M USD 2 Qtrs
Distributions paid to redeemable noncontrolling interests PaymentsOfDividendsMinorityInterest $16.87M USD 2 Qtrs
Distributions paid to preferred stockholders PaymentsOfDividendsPreferredStockAndPreferenceStock $2.17M USD 2 Qtrs
Distributions paid to preferred stockholders PaymentsOfDividendsPreferredStockAndPreferenceStock $2.33M USD 2 Qtrs
Distributions paid to common stockholders PaymentsOfDividendsCommonStock $263.33M USD 2 Qtrs
Distributions paid to common stockholders PaymentsOfDividendsCommonStock $236.40M USD 2 Qtrs
Other ProceedsFromPaymentsForOtherFinancingActivities $-23.18M USD 2 Qtrs
Other ProceedsFromPaymentsForOtherFinancingActivities $-7.47M USD 2 Qtrs
Net cash provided by/(used in) financing activities NetCashProvidedByUsedInFinancingActivities $177.27M USD 2 Qtrs
Net cash provided by/(used in) financing activities NetCashProvidedByUsedInFinancingActivities $-349.11M USD 2 Qtrs
Net increase/(decrease) in cash, cash equivalents, and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $187.00K USD 2 Qtrs
Net increase/(decrease) in cash, cash equivalents, and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $271.00K USD 2 Qtrs
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 $30.38M 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, beginning of year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $28.69M 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 $30.38M USD Point-in-time
Cash, cash equivalents, and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $28.42M USD Point-in-time
Cash, cash equivalents, and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $28.69M USD Point-in-time
Interest paid during the period, net of amounts capitalized InterestPaidNet $71.89M USD 2 Qtrs
Interest paid during the period, net of amounts capitalized InterestPaidNet $91.02M USD 2 Qtrs
Operating cash flows from operating leases ProceedsFromLeasePayments $6.25M USD 2 Qtrs
Operating cash flows from operating leases ProceedsFromLeasePayments $6.25M USD 2 Qtrs
Cash paid/(refunds received) for income taxes IncomeTaxesPaidNet $663.00K USD 2 Qtrs
Cash paid/(refunds received) for income taxes IncomeTaxesPaidNet $1.67M USD 2 Qtrs
Redeemable long-term and short-term incentive plan units SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1 $44.37M USD 2 Qtrs
Redeemable long-term and short-term incentive plan units SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1 $13.23M USD 2 Qtrs
Development costs and capital expenditures incurred, but not yet paid CapitalExpendituresIncurredButNotYetPaid $32.79M USD 2 Qtrs
Development costs and capital expenditures incurred, but not yet paid CapitalExpendituresIncurredButNotYetPaid $48.62M USD 2 Qtrs
Conversion of Operating Partnership and DownREIT Partnership noncontrolling interests to common stock (309,870 shares and 142,984 shares, respectively) ConversionOfStockAmountConverted1 $12.70M USD 2 Qtrs
Conversion of Operating Partnership and DownREIT Partnership noncontrolling interests to common stock (309,870 shares and 142,984 shares, respectively) ConversionOfStockAmountConverted1 $8.58M USD 2 Qtrs
Distribution of equity securities from unconsolidated real estate technology investments DistributionOfEquitySecuritiesFromUnconsolidatedInvestments $13.11M USD 2 Qtrs
Distribution of equity securities from unconsolidated real estate technology investments DistributionOfEquitySecuritiesFromUnconsolidatedInvestments $7.75M USD 2 Qtrs
Contribution of operating properties to unconsolidated joint venture ContributionOfOperatingPropertiesToUnconsolidatedJointVenture $258.06M USD 2 Qtrs
Transfer of preferred equity investment to note receivable TransferOfPreferredEquityInvestmentToNotesReceivable $73.45M USD 2 Qtrs
Dividends declared, but not yet paid DividendsPayableCurrentAndNoncurrent $148.40M USD Point-in-time
Dividends declared, but not yet paid DividendsPayableCurrentAndNoncurrent $134.21M USD Point-in-time
Dividends declared, but not yet paid DividendsPayableCurrentAndNoncurrent $132.79M USD Point-in-time
Stockholders Equity 48 line items
Line Item Tag Value Unit Period
Common stock distributions declared per share CommonStockDividendsPerShareDeclared $0.84 USD 2 Qtrs
Common stock distributions declared per share CommonStockDividendsPerShareDeclared $0.38 USD 1 Quarter
Common stock distributions declared per share CommonStockDividendsPerShareDeclared $0.42 USD 1 Quarter
Common stock distributions declared per share CommonStockDividendsPerShareDeclared $0.76 USD 2 Qtrs
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.12B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.92B 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 $3.87B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.39B USD Point-in-time
Net income/(loss) attributable to UDR, Inc. NetIncomeLoss $5.08M USD 1 Quarter
Net income/(loss) attributable to UDR, Inc. NetIncomeLoss $18.79M USD 2 Qtrs
Net income/(loss) attributable to UDR, Inc. NetIncomeLoss $378.51M USD 2 Qtrs
Net income/(loss) attributable to UDR, Inc. NetIncomeLoss $347.55M USD 1 Quarter
Long Term Incentive Plan Unit grants/(vestings), net LongTermIncentivePlanUnitGrantsVestingsNet $-31.22M USD 2 Qtrs
Other comprehensive income/(loss) OtherComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $2.29M USD 1 Quarter
Other comprehensive income/(loss) OtherComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $772.00K USD 2 Qtrs
Other comprehensive income/(loss) OtherComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $8.61M USD 2 Qtrs
Other comprehensive income/(loss) OtherComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $1.54M USD 1 Quarter
Issuance/(forfeiture) of common and restricted shares, net StockIssuedDuringPeriodValueShareBasedCompensation $1.82M USD 1 Quarter
Issuance/(forfeiture) of common and restricted shares, net StockIssuedDuringPeriodValueShareBasedCompensation $2.27M USD 1 Quarter
Issuance/(forfeiture) of common and restricted shares, net StockIssuedDuringPeriodValueShareBasedCompensation $776.00K USD 2 Qtrs
Issuance/(forfeiture) of common and restricted shares, net StockIssuedDuringPeriodValueShareBasedCompensation $2.97M USD 2 Qtrs
Issuance of common shares through public offering, net StockIssuedDuringPeriodValueNewIssues $350.27M USD 2 Qtrs
Issuance of common shares through public offering, net StockIssuedDuringPeriodValueNewIssues $350.37M USD 1 Quarter
Issuance of common shares through public offering, net StockIssuedDuringPeriodValueNewIssues $-473.00K USD 2 Qtrs
Issuance of common shares through public offering, net StockIssuedDuringPeriodValueNewIssues $-11.00K USD 1 Quarter
Adjustment for conversion of noncontrolling interest of unitholders in the Operating Partnership and DownREIT Partnership StockIssuedDuringPeriodValueConversionOfUnits $12.70M USD 2 Qtrs
Adjustment for conversion of noncontrolling interest of unitholders in the Operating Partnership and DownREIT Partnership StockIssuedDuringPeriodValueConversionOfUnits $12.32M USD 1 Quarter
Adjustment for conversion of noncontrolling interest of unitholders in the Operating Partnership and DownREIT Partnership StockIssuedDuringPeriodValueConversionOfUnits $8.58M USD 2 Qtrs
Common stock distributions declared DividendsCommonStockCash $244.53M USD 2 Qtrs
Common stock distributions declared DividendsCommonStockCash $138.38M USD 1 Quarter
Common stock distributions declared DividendsCommonStockCash $123.46M USD 1 Quarter
Common stock distributions declared DividendsCommonStockCash $276.70M USD 2 Qtrs
Preferred stock distributions declared-Series E PreferredStockDividendsIncomeStatementImpact $1.22M USD 1 Quarter
Preferred stock distributions declared-Series E PreferredStockDividendsIncomeStatementImpact $2.40M USD 2 Qtrs
Preferred stock distributions declared-Series E PreferredStockDividendsIncomeStatementImpact $1.11M USD 1 Quarter
Preferred stock distributions declared-Series E PreferredStockDividendsIncomeStatementImpact $2.20M USD 2 Qtrs
Adjustment to reflect redemption value of redeemable noncontrolling interests MinorityInterestChangeInRedemptionValue $242.52M USD 1 Quarter
Adjustment to reflect redemption value of redeemable noncontrolling interests MinorityInterestChangeInRedemptionValue $-25.75M USD 1 Quarter
Adjustment to reflect redemption value of redeemable noncontrolling interests MinorityInterestChangeInRedemptionValue $-93.50M USD 2 Qtrs
Adjustment to reflect redemption value of redeemable noncontrolling interests MinorityInterestChangeInRedemptionValue $286.26M USD 2 Qtrs
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.12B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.92B 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 $3.87B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.39B USD Point-in-time
Comprehensive Income 28 line items
Line Item Tag Value Unit Period
Net income/(loss) ProfitLoss $403.11M USD 2 Qtrs
Net income/(loss) ProfitLoss $370.18M USD 1 Quarter
Net income/(loss) ProfitLoss $19.97M USD 2 Qtrs
Net income/(loss) ProfitLoss $5.36M USD 1 Quarter
Unrealized holding gain/(loss) OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $8.94M USD 2 Qtrs
Unrealized holding gain/(loss) OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $1.75M USD 1 Quarter
Unrealized holding gain/(loss) OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $4.02M USD 2 Qtrs
Unrealized holding gain/(loss) OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $4.29M USD 1 Quarter
(Gain)/loss reclassified into earnings from other comprehensive income/(loss) OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax $1.85M USD 1 Quarter
(Gain)/loss reclassified into earnings from other comprehensive income/(loss) OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax $3.22M USD 2 Qtrs
(Gain)/loss reclassified into earnings from other comprehensive income/(loss) OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax $-285.00K USD 2 Qtrs
(Gain)/loss reclassified into earnings from other comprehensive income/(loss) OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax $102.00K USD 1 Quarter
Other comprehensive income/(loss), including portion attributable to noncontrolling interests OtherComprehensiveIncomeLossNetOfTax $9.23M USD 2 Qtrs
Other comprehensive income/(loss), including portion attributable to noncontrolling interests OtherComprehensiveIncomeLossNetOfTax $1.65M USD 1 Quarter
Other comprehensive income/(loss), including portion attributable to noncontrolling interests OtherComprehensiveIncomeLossNetOfTax $2.44M USD 1 Quarter
Other comprehensive income/(loss), including portion attributable to noncontrolling interests OtherComprehensiveIncomeLossNetOfTax $800.00K USD 2 Qtrs
Comprehensive income/(loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $7.01M USD 1 Quarter
Comprehensive income/(loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $372.63M USD 1 Quarter
Comprehensive income/(loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $403.91M USD 2 Qtrs
Comprehensive income/(loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $29.19M USD 2 Qtrs
Comprehensive (income)/loss attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $1.80M USD 2 Qtrs
Comprehensive (income)/loss attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $24.63M USD 2 Qtrs
Comprehensive (income)/loss attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $22.79M USD 1 Quarter
Comprehensive (income)/loss attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $386.00K USD 1 Quarter
Comprehensive income/(loss) attributable to UDR, Inc. ComprehensiveIncomeNetOfTax $27.39M USD 2 Qtrs
Comprehensive income/(loss) attributable to UDR, Inc. ComprehensiveIncomeNetOfTax $349.84M USD 1 Quarter
Comprehensive income/(loss) attributable to UDR, Inc. ComprehensiveIncomeNetOfTax $379.28M USD 2 Qtrs
Comprehensive income/(loss) attributable to UDR, Inc. ComprehensiveIncomeNetOfTax $6.62M USD 1 Quarter

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

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