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10-Q Filing

UDR, INC. CIK: 74208 Q3 2023
Filing Information
Form Type 10-Q
Accession Number 0000074208-23-000066
Period End Date 20230930
Filing Date 20231027
Fiscal Year 2023
Fiscal Period Q3
XBRL Instance udr-20230930x10q_htm.xml
Balance Sheet 88 line items
Line Item Tag Value Unit Period
Real estate under development accumulated depreciation RealEstateUnderDevelopmentAccumulatedDepreciation $296.00K USD Point-in-time
Real estate under development accumulated depreciation RealEstateUnderDevelopmentAccumulatedDepreciation - 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
Real estate held for investment RealEstateInvestmentPropertyAtCost $15.78B USD Point-in-time
Less: accumulated depreciation RealEstateInvestmentPropertyAccumulatedDepreciation $6.12B USD Point-in-time
Less: accumulated depreciation RealEstateInvestmentPropertyAccumulatedDepreciation $5.76B 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
Real estate held for investment, net RealEstateHeldForInvestmentNetExcludingRealEstateUnderDevelopmentOrHeldForDisposition $9.66B USD Point-in-time
Real estate under development (net of accumulated depreciation of $0 and $296, respectively) DevelopmentInProcess $139.14M 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 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 $9.80B USD Point-in-time
Total real estate owned, net of accumulated depreciation RealEstateInvestmentPropertyNet $9.81B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $1.53M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $1.62M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $967.00K USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $1.19M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $28.36M USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $30.83M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $27.45M USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $29.00M USD Point-in-time
Notes receivable, net NotesReceivableNet $209.30M 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
Investment in and advances to unconsolidated joint ventures, net InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesFairValueDisclosure $754.45M USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 328.90M shares Point-in-time
Investment in and advances to unconsolidated joint ventures, net InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesFairValueDisclosure $963.93M USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 328.99M shares Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $194.08M USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 328.99M shares Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $191.50M USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 328.90M shares Point-in-time
Other assets OtherAssets $197.47M USD Point-in-time
Other assets OtherAssets $221.57M USD Point-in-time
Total assets Assets $11.42B USD Point-in-time
Total assets Assets $11.04B USD Point-in-time
Secured debt, net SecuredDebt $1.24B 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 $4.51B USD Point-in-time
Operating lease liabilities OperatingLeaseLiability $186.70M 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 $68.90M USD Point-in-time
Accrued interest payable InterestPayableCurrentAndNoncurrent $27.07M USD Point-in-time
Accrued interest payable InterestPayableCurrentAndNoncurrent $46.67M USD Point-in-time
Security deposits and prepaid rent AdvanceRent $52.00M USD Point-in-time
Security deposits and prepaid rent AdvanceRent $50.57M USD Point-in-time
Distributions payable DividendsPayableCurrentAndNoncurrent $133.34M USD Point-in-time
Distributions payable DividendsPayableCurrentAndNoncurrent $149.62M USD Point-in-time
Distributions payable DividendsPayableCurrentAndNoncurrent $134.21M USD Point-in-time
Accounts payable, accrued expenses, and other liabilities AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $125.98M USD Point-in-time
Accounts payable, accrued expenses, and other liabilities AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $153.22M USD Point-in-time
Total liabilities Liabilities $6.10B USD Point-in-time
Total liabilities Liabilities $6.36B 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 $907.27M USD Point-in-time
Redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership RedeemableNoncontrollingInterestEquityCommonCarryingAmount $839.85M USD Point-in-time
Common stock, $0.01 par value; 450,000,000 shares authorized at September 30, 2023 and December 31, 2022: 328,904,161 and 328,993,088 shares issued and outstanding at September 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 September 30, 2023 and December 31, 2022: 328,904,161 and 328,993,088 shares issued and outstanding at September 30, 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 $3.45B USD Point-in-time
Distributions in excess of net income AccumulatedDistributionsInExcessOfNetIncome $3.39B USD Point-in-time
Accumulated other comprehensive income/(loss), net AccumulatedOtherComprehensiveIncomeLossNetOfTax $8.34M USD Point-in-time
Accumulated other comprehensive income/(loss), net AccumulatedOtherComprehensiveIncomeLossNetOfTax $8.36M USD Point-in-time
Total stockholders' equity StockholdersEquity $4.10B USD Point-in-time
Total stockholders' equity StockholdersEquity $4.15B 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 $4.15B 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 $3.95B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $11.42B 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 $408.36M USD 1 Quarter
Rental income OperatingLeaseLeaseIncome $1.21B USD 3 Qtrs
Rental income OperatingLeaseLeaseIncome $390.02M USD 1 Quarter
Rental income OperatingLeaseLeaseIncome $1.11B USD 3 Qtrs
Joint venture management and other fees RevenueFromContractWithCustomerExcludingAssessedTax $3.78M USD 3 Qtrs
Joint venture management and other fees RevenueFromContractWithCustomerExcludingAssessedTax $1.27M USD 1 Quarter
Joint venture management and other fees RevenueFromContractWithCustomerExcludingAssessedTax $4.46M USD 3 Qtrs
Joint venture management and other fees RevenueFromContractWithCustomerExcludingAssessedTax $1.77M USD 1 Quarter
Total revenues Revenues $391.30M USD 1 Quarter
Total revenues Revenues $1.12B USD 3 Qtrs
Total revenues Revenues $410.13M USD 1 Quarter
Total revenues Revenues $1.21B USD 3 Qtrs
Property operating and maintenance DirectCostsOfLeasedAndRentedPropertyOrEquipment $205.29M USD 3 Qtrs
Property operating and maintenance DirectCostsOfLeasedAndRentedPropertyOrEquipment $185.66M USD 3 Qtrs
Property operating and maintenance DirectCostsOfLeasedAndRentedPropertyOrEquipment $71.60M USD 1 Quarter
Property operating and maintenance DirectCostsOfLeasedAndRentedPropertyOrEquipment $66.77M USD 1 Quarter
Real estate taxes and insurance RealEstateTaxesAndInsurance $164.79M USD 3 Qtrs
Real estate taxes and insurance RealEstateTaxesAndInsurance $173.59M USD 3 Qtrs
Real estate taxes and insurance RealEstateTaxesAndInsurance $58.10M USD 1 Quarter
Real estate taxes and insurance RealEstateTaxesAndInsurance $58.24M USD 1 Quarter
Property management PropertyManagementCostsOperating $13.27M USD 1 Quarter
Property management PropertyManagementCostsOperating $12.68M USD 1 Quarter
Property management PropertyManagementCostsOperating $36.20M USD 3 Qtrs
Property management PropertyManagementCostsOperating $39.32M USD 3 Qtrs
Other operating expenses OtherCostAndExpenseOperating $13.48M USD 3 Qtrs
Other operating expenses OtherCostAndExpenseOperating $11.90M USD 3 Qtrs
Other operating expenses OtherCostAndExpenseOperating $3.75M USD 1 Quarter
Other operating expenses OtherCostAndExpenseOperating $4.61M USD 1 Quarter
Real estate depreciation and amortization DepreciationNonproduction $497.99M USD 3 Qtrs
Real estate depreciation and amortization DepreciationNonproduction $505.78M USD 3 Qtrs
Real estate depreciation and amortization DepreciationNonproduction $167.55M USD 1 Quarter
Real estate depreciation and amortization DepreciationNonproduction $166.78M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $49.09M USD 3 Qtrs
General and administrative GeneralAndAdministrativeExpense $47.33M USD 3 Qtrs
General and administrative GeneralAndAdministrativeExpense $15.16M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $15.84M USD 1 Quarter
Casualty-related charges/(recoveries), net CasualtyRelatedRecoveriesChargesNet $3.36M USD 3 Qtrs
Casualty-related charges/(recoveries), net CasualtyRelatedRecoveriesChargesNet $901.00K USD 1 Quarter
Casualty-related charges/(recoveries), net CasualtyRelatedRecoveriesChargesNet $1.21M USD 3 Qtrs
Casualty-related charges/(recoveries), net CasualtyRelatedRecoveriesChargesNet $-1.93M USD 1 Quarter
Other depreciation and amortization OtherDepreciationAndAmortization $9.52M USD 3 Qtrs
Other depreciation and amortization OtherDepreciationAndAmortization $3.69M USD 1 Quarter
Other depreciation and amortization OtherDepreciationAndAmortization $11.02M USD 3 Qtrs
Other depreciation and amortization OtherDepreciationAndAmortization $3.43M USD 1 Quarter
Total operating expenses CostsAndExpenses $956.18M USD 3 Qtrs
Total operating expenses CostsAndExpenses $332.06M USD 1 Quarter
Total operating expenses CostsAndExpenses $328.38M USD 1 Quarter
Total operating expenses CostsAndExpenses $999.35M USD 3 Qtrs
Gain/(loss) on sale of real estate owned GainsLossesOnSalesOfInvestmentRealEstate - USD 1 Quarter
Gain/(loss) on sale of real estate owned GainsLossesOnSalesOfInvestmentRealEstate $325.88M USD 3 Qtrs
Gain/(loss) on sale of real estate owned GainsLossesOnSalesOfInvestmentRealEstate - USD 3 Qtrs
Gain/(loss) on sale of real estate owned GainsLossesOnSalesOfInvestmentRealEstate - USD 1 Quarter
Operating income OperatingIncomeLoss $161.54M USD 3 Qtrs
Operating income OperatingIncomeLoss $62.92M USD 1 Quarter
Operating income OperatingIncomeLoss $540.76M USD 3 Qtrs
Operating income OperatingIncomeLoss $78.07M USD 1 Quarter
Income/(loss) from unconsolidated entities IncomeLossFromEquityMethodInvestments $5.51M USD 1 Quarter
Income/(loss) from unconsolidated entities IncomeLossFromEquityMethodInvestments $4.19M USD 3 Qtrs
Income/(loss) from unconsolidated entities IncomeLossFromEquityMethodInvestments $10.00M USD 1 Quarter
Income/(loss) from unconsolidated entities IncomeLossFromEquityMethodInvestments $24.91M USD 3 Qtrs
Interest expense InterestExpenseDebt $112.65M USD 3 Qtrs
Interest expense InterestExpenseDebt $44.66M USD 1 Quarter
Interest expense InterestExpenseDebt $39.91M USD 1 Quarter
Interest expense InterestExpenseDebt $133.52M USD 3 Qtrs
Interest income and other income/(expense), net OtherNonoperatingIncomeExpense $-3.07M USD 1 Quarter
Interest income and other income/(expense), net OtherNonoperatingIncomeExpense $-7.50M USD 1 Quarter
Interest income and other income/(expense), net OtherNonoperatingIncomeExpense $8.39M USD 3 Qtrs
Interest income and other income/(expense), net OtherNonoperatingIncomeExpense $-6.93M USD 3 Qtrs
Income/(loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $46.14M USD 3 Qtrs
Income/(loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $25.52M USD 1 Quarter
Income/(loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $440.54M USD 3 Qtrs
Income/(loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $35.85M USD 1 Quarter
Tax (provision)/benefit, net IncomeTaxExpenseBenefit $428.00K USD 1 Quarter
Tax (provision)/benefit, net IncomeTaxExpenseBenefit $1.03M USD 3 Qtrs
Tax (provision)/benefit, net IncomeTaxExpenseBenefit $2.01M USD 3 Qtrs
Tax (provision)/benefit, net IncomeTaxExpenseBenefit $377.00K USD 1 Quarter
Net income/(loss) ProfitLoss $45.11M USD 3 Qtrs
Net income/(loss) ProfitLoss $25.14M USD 1 Quarter
Net income/(loss) ProfitLoss $35.42M USD 1 Quarter
Net income/(loss) ProfitLoss $438.53M USD 3 Qtrs
Net (income)/loss attributable to redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership NetIncomeLossAttributableToRedeemableNoncontrollingInterest $2.55M USD 1 Quarter
Net (income)/loss attributable to redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership NetIncomeLossAttributableToRedeemableNoncontrollingInterest $2.68M USD 3 Qtrs
Net (income)/loss attributable to redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership NetIncomeLossAttributableToRedeemableNoncontrollingInterest $1.53M USD 1 Quarter
Net (income)/loss attributable to redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership NetIncomeLossAttributableToRedeemableNoncontrollingInterest $27.14M USD 3 Qtrs
Net (income)/loss attributable to noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $34.00K USD 3 Qtrs
Net (income)/loss attributable to noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $7.00K USD 1 Quarter
Net (income)/loss attributable to noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $23.00K USD 3 Qtrs
Net (income)/loss attributable to noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $7.00K USD 1 Quarter
Net income/(loss) attributable to UDR, Inc. NetIncomeLoss $23.61M USD 1 Quarter
Net income/(loss) attributable to UDR, Inc. NetIncomeLoss $411.37M USD 3 Qtrs
Net income/(loss) attributable to UDR, Inc. NetIncomeLoss $42.39M USD 3 Qtrs
Net income/(loss) attributable to UDR, Inc. NetIncomeLoss $32.86M USD 1 Quarter
Distributions to preferred stockholders - Series E (Convertible) DividendsPreferredStock $1.11M USD 1 Quarter
Distributions to preferred stockholders - Series E (Convertible) DividendsPreferredStock $3.63M USD 3 Qtrs
Distributions to preferred stockholders - Series E (Convertible) DividendsPreferredStock $3.31M USD 3 Qtrs
Distributions to preferred stockholders - Series E (Convertible) DividendsPreferredStock $1.22M USD 1 Quarter
Net income/(loss) attributable to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $407.74M USD 3 Qtrs
Net income/(loss) attributable to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $22.50M USD 1 Quarter
Net income/(loss) attributable to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $39.09M USD 3 Qtrs
Net income/(loss) attributable to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $31.64M USD 1 Quarter
Income/(loss) per weighted average common share - basic EarningsPerShareBasic $0.07 USD 1 Quarter
Income/(loss) per weighted average common share - basic EarningsPerShareBasic $1.24 USD 3 Qtrs
Income/(loss) per weighted average common share - basic EarningsPerShareBasic $0.12 USD 3 Qtrs
Income/(loss) per weighted average common share - basic EarningsPerShareBasic $0.10 USD 1 Quarter
Income/(loss) per weighted average common share - diluted EarningsPerShareDiluted $0.12 USD 3 Qtrs
Income/(loss) per weighted average common share - diluted EarningsPerShareDiluted $1.24 USD 3 Qtrs
Income/(loss) per weighted average common share - diluted EarningsPerShareDiluted $0.07 USD 1 Quarter
Income/(loss) per weighted average common share - diluted EarningsPerShareDiluted $0.10 USD 1 Quarter
Weighted average number of common shares outstanding - basic WeightedAverageNumberOfSharesOutstandingBasic 328.83M shares 3 Qtrs
Weighted average number of common shares outstanding - basic WeightedAverageNumberOfSharesOutstandingBasic 328.76M shares 1 Quarter
Weighted average number of common shares outstanding - basic WeightedAverageNumberOfSharesOutstandingBasic 320.38M shares 3 Qtrs
Weighted average number of common shares outstanding - basic WeightedAverageNumberOfSharesOutstandingBasic 324.70M shares 1 Quarter
Weighted average number of common shares outstanding - diluted WeightedAverageNumberOfDilutedSharesOutstanding 325.69M shares 1 Quarter
Weighted average number of common shares outstanding - diluted WeightedAverageNumberOfDilutedSharesOutstanding 329.20M shares 1 Quarter
Weighted average number of common shares outstanding - diluted WeightedAverageNumberOfDilutedSharesOutstanding 329.28M shares 3 Qtrs
Weighted average number of common shares outstanding - diluted WeightedAverageNumberOfDilutedSharesOutstanding 321.63M shares 3 Qtrs
Cash Flow Statement 97 line items
Line Item Tag Value Unit Period
Net income/(loss) ProfitLoss $45.11M USD 3 Qtrs
Net income/(loss) ProfitLoss $25.14M USD 1 Quarter
Net income/(loss) ProfitLoss $35.42M USD 1 Quarter
Net income/(loss) ProfitLoss $438.53M USD 3 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $516.80M USD 3 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $507.51M USD 3 Qtrs
(Gain)/loss on sale of real estate owned GainsLossesOnSalesOfInvestmentRealEstate - USD 1 Quarter
(Gain)/loss on sale of real estate owned GainsLossesOnSalesOfInvestmentRealEstate $325.88M USD 3 Qtrs
(Gain)/loss on sale of real estate owned GainsLossesOnSalesOfInvestmentRealEstate - USD 3 Qtrs
(Gain)/loss on sale of real estate owned GainsLossesOnSalesOfInvestmentRealEstate - USD 1 Quarter
(Income)/loss from unconsolidated entities IncomeLossFromEquityMethodInvestments $5.51M USD 1 Quarter
(Income)/loss from unconsolidated entities IncomeLossFromEquityMethodInvestments $4.19M USD 3 Qtrs
(Income)/loss from unconsolidated entities IncomeLossFromEquityMethodInvestments $10.00M USD 1 Quarter
(Income)/loss from unconsolidated entities IncomeLossFromEquityMethodInvestments $24.91M USD 3 Qtrs
Return on investment in unconsolidated joint ventures and partnerships ReturnOnInvestmentInEquityMethodInvestments $17.43M USD 3 Qtrs
Return on investment in unconsolidated joint ventures and partnerships ReturnOnInvestmentInEquityMethodInvestments $11.97M USD 3 Qtrs
Amortization of share-based compensation ShareBasedCompensation $20.46M USD 3 Qtrs
Amortization of share-based compensation ShareBasedCompensation $22.77M USD 3 Qtrs
Other OtherOperatingActivitiesCashFlowStatement $22.90M USD 3 Qtrs
Other OtherOperatingActivitiesCashFlowStatement $10.52M USD 3 Qtrs
(Increase)/decrease in operating assets IncreaseDecreaseInOperatingAssets $4.37M USD 3 Qtrs
(Increase)/decrease in operating assets IncreaseDecreaseInOperatingAssets $20.16M USD 3 Qtrs
Increase/(decrease) in operating liabilities IncreaseDecreaseInOperatingLiabilities $-2.21M USD 3 Qtrs
Increase/(decrease) in operating liabilities IncreaseDecreaseInOperatingLiabilities $-16.03M USD 3 Qtrs
Net cash provided by/(used in) operating activities NetCashProvidedByUsedInOperatingActivities $613.59M USD 3 Qtrs
Net cash provided by/(used in) operating activities NetCashProvidedByUsedInOperatingActivities $602.64M USD 3 Qtrs
Acquisition of real estate assets PaymentsToAcquireBuildings $17.85M USD 3 Qtrs
Acquisition of real estate assets PaymentsToAcquireBuildings $341.15M USD 3 Qtrs
Proceeds from sales of real estate investments, net ProceedsFromSaleOfRealEstateHeldforinvestment $247.94M USD 3 Qtrs
Development of real estate assets PaymentsToDevelopRealEstateAssets $120.64M USD 3 Qtrs
Development of real estate assets PaymentsToDevelopRealEstateAssets $159.46M USD 3 Qtrs
Capital expenditures and other major improvements - real estate assets PaymentsForCapitalImprovements $220.34M USD 3 Qtrs
Capital expenditures and other major improvements - real estate assets PaymentsForCapitalImprovements $144.67M USD 3 Qtrs
Capital expenditures - non-real estate assets PaymentsToAcquireFurnitureAndFixtures $12.63M USD 3 Qtrs
Capital expenditures - non-real estate assets PaymentsToAcquireFurnitureAndFixtures $14.08M USD 3 Qtrs
Investment in unconsolidated joint ventures and partnerships PaymentsToAcquireInterestInSubsidiariesAndAffiliates $27.77M USD 3 Qtrs
Investment in unconsolidated joint ventures and partnerships PaymentsToAcquireInterestInSubsidiariesAndAffiliates $199.06M USD 3 Qtrs
Distributions received from unconsolidated joint ventures and partnerships ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $77.84M USD 3 Qtrs
Distributions received from unconsolidated joint ventures and partnerships ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $9.31M USD 3 Qtrs
Purchase deposits on pending acquisitions PaymentsForDepositsOnPendingAcquisitions $1.00M USD 3 Qtrs
Purchase deposits on pending acquisitions PaymentsForDepositsOnPendingAcquisitions $-1.00M USD 3 Qtrs
Repayment/(issuance) of notes receivable, net PaymentsForProceedsFromLoansReceivable $60.53M USD 3 Qtrs
Repayment/(issuance) of notes receivable, net PaymentsForProceedsFromLoansReceivable $71.79M USD 3 Qtrs
Net cash provided by/(used in) investing activities NetCashProvidedByUsedInInvestingActivities $-838.66M USD 3 Qtrs
Net cash provided by/(used in) investing activities NetCashProvidedByUsedInInvestingActivities $-216.22M USD 3 Qtrs
Payments on secured debt RepaymentsOfSecuredDebt $852.00K USD 3 Qtrs
Payments on secured debt RepaymentsOfSecuredDebt $884.00K USD 3 Qtrs
Net proceeds/(repayment) of commercial paper ProceedsFromRepaymentsOfCommercialPaper $205.00M USD 3 Qtrs
Net proceeds/(repayment) of commercial paper ProceedsFromRepaymentsOfCommercialPaper $80.00M USD 3 Qtrs
Net proceeds/(repayment) of revolving bank debt ProceedsFromRepaymentsOfLinesOfCredit $11.64M USD 3 Qtrs
Net proceeds/(repayment) of revolving bank debt ProceedsFromRepaymentsOfLinesOfCredit $-1.32M USD 3 Qtrs
Proceeds from the issuance of common shares through public offering, net ProceedsFromIssuanceOfCommonStock $449.94M USD 3 Qtrs
Proceeds from the issuance of common shares through public offering, net ProceedsFromIssuanceOfCommonStock $-473.00K USD 3 Qtrs
Repurchase of common shares PaymentsForRepurchaseOfCommonStock $15.15M USD 3 Qtrs
Repurchase of common shares PaymentsForRepurchaseOfCommonStock $25.01M USD 3 Qtrs
Repurchase of common shares PaymentsForRepurchaseOfCommonStock $25.00M USD 1 Quarter
Distributions paid to redeemable noncontrolling interests PaymentsOfDividendsMinorityInterest $25.67M USD 3 Qtrs
Distributions paid to redeemable noncontrolling interests PaymentsOfDividendsMinorityInterest $25.87M USD 3 Qtrs
Distributions paid to preferred stockholders PaymentsOfDividendsPreferredStockAndPreferenceStock $3.54M USD 3 Qtrs
Distributions paid to preferred stockholders PaymentsOfDividendsPreferredStockAndPreferenceStock $3.27M USD 3 Qtrs
Distributions paid to common stockholders PaymentsOfDividendsCommonStock $359.86M USD 3 Qtrs
Distributions paid to common stockholders PaymentsOfDividendsCommonStock $401.69M USD 3 Qtrs
Other ProceedsFromPaymentsForOtherFinancingActivities $-24.28M USD 3 Qtrs
Other ProceedsFromPaymentsForOtherFinancingActivities $-16.33M USD 3 Qtrs
Net cash provided by/(used in) financing activities NetCashProvidedByUsedInFinancingActivities $237.50M USD 3 Qtrs
Net cash provided by/(used in) financing activities NetCashProvidedByUsedInFinancingActivities $-395.11M USD 3 Qtrs
Net increase/(decrease) in cash, cash equivalents, and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $2.26M USD 3 Qtrs
Net increase/(decrease) in cash, cash equivalents, and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $1.48M USD 3 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 $32.45M 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 $29.89M 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 $32.45M 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 $29.89M USD Point-in-time
Interest paid during the period, net of amounts capitalized InterestPaidNet $131.59M USD 3 Qtrs
Interest paid during the period, net of amounts capitalized InterestPaidNet $156.61M USD 3 Qtrs
Operating cash flows from operating leases ProceedsFromLeasePayments $9.38M USD 3 Qtrs
Operating cash flows from operating leases ProceedsFromLeasePayments $9.38M USD 3 Qtrs
Cash paid/(refunds received) for income taxes IncomeTaxesPaidNet $1.01M USD 3 Qtrs
Cash paid/(refunds received) for income taxes IncomeTaxesPaidNet $1.91M USD 3 Qtrs
Secured debt assumed upon acquisition of real estate assets NoncashOrPartNoncashAcquisitionDebtAssumed1 $191.74M USD 3 Qtrs
OP Units issued for real estate, net OperatingPartnershipUnitsIssuedForRealEstateNet $141.36M USD 3 Qtrs
Redeemable long-term and short-term incentive plan units SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1 $19.33M USD 3 Qtrs
Redeemable long-term and short-term incentive plan units SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1 $50.08M USD 3 Qtrs
Development costs and capital expenditures incurred, but not yet paid CapitalExpendituresIncurredButNotYetPaid $42.76M USD 3 Qtrs
Development costs and capital expenditures incurred, but not yet paid CapitalExpendituresIncurredButNotYetPaid $47.86M USD 3 Qtrs
Conversion of Operating Partnership and DownREIT Partnership noncontrolling interests to common stock (357,813 shares and 172,755 shares, respectively) ConversionOfStockAmountConverted1 $14.76M USD 3 Qtrs
Conversion of Operating Partnership and DownREIT Partnership noncontrolling interests to common stock (357,813 shares and 172,755 shares, respectively) ConversionOfStockAmountConverted1 $10.14M USD 3 Qtrs
Distribution of equity securities from unconsolidated real estate technology investments DistributionOfEquitySecuritiesFromUnconsolidatedInvestments $7.75M USD 3 Qtrs
Distribution of equity securities from unconsolidated real estate technology investments DistributionOfEquitySecuritiesFromUnconsolidatedInvestments $16.33M USD 3 Qtrs
Contribution of operating properties to unconsolidated joint venture ContributionOfOperatingPropertiesToUnconsolidatedJointVenture $258.06M USD 3 Qtrs
Transfer of preferred equity investment to note receivable TransferOfPreferredEquityInvestmentToNotesReceivable $73.45M USD 3 Qtrs
Dividends declared, but not yet paid DividendsPayableCurrentAndNoncurrent $133.34M USD Point-in-time
Dividends declared, but not yet paid DividendsPayableCurrentAndNoncurrent $149.62M USD Point-in-time
Dividends declared, but not yet paid DividendsPayableCurrentAndNoncurrent $134.21M USD Point-in-time
Stockholders Equity 52 line items
Line Item Tag Value Unit Period
Common stock distributions declared per share CommonStockDividendsPerShareDeclared $0.42 USD 1 Quarter
Common stock distributions declared per share CommonStockDividendsPerShareDeclared $0.38 USD 1 Quarter
Common stock distributions declared per share CommonStockDividendsPerShareDeclared $1.14 USD 3 Qtrs
Common stock distributions declared per share CommonStockDividendsPerShareDeclared $1.26 USD 3 Qtrs
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.12B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.15B 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 $3.95B USD Point-in-time
Net income/(loss) attributable to UDR, Inc. NetIncomeLoss $23.61M USD 1 Quarter
Net income/(loss) attributable to UDR, Inc. NetIncomeLoss $411.37M USD 3 Qtrs
Net income/(loss) attributable to UDR, Inc. NetIncomeLoss $42.39M USD 3 Qtrs
Net income/(loss) attributable to UDR, Inc. NetIncomeLoss $32.86M USD 1 Quarter
Long Term Incentive Plan Unit grants/(vestings), net LongTermIncentivePlanUnitGrantsVestingsNet $-31.22M USD 3 Qtrs
Other comprehensive income/(loss) OtherComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $16.00K USD 3 Qtrs
Other comprehensive income/(loss) OtherComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-756.00K USD 1 Quarter
Other comprehensive income/(loss) OtherComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $13.04M USD 3 Qtrs
Other comprehensive income/(loss) OtherComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $4.43M USD 1 Quarter
Issuance/(forfeiture) of common and restricted shares, net StockIssuedDuringPeriodValueShareBasedCompensation $2.86M USD 3 Qtrs
Issuance/(forfeiture) of common and restricted shares, net StockIssuedDuringPeriodValueShareBasedCompensation $2.08M USD 1 Quarter
Issuance/(forfeiture) of common and restricted shares, net StockIssuedDuringPeriodValueShareBasedCompensation $1.84M USD 1 Quarter
Issuance/(forfeiture) of common and restricted shares, net StockIssuedDuringPeriodValueShareBasedCompensation $4.81M USD 3 Qtrs
Issuance of common shares through public offering, net StockIssuedDuringPeriodValueNewIssues $-473.00K USD 3 Qtrs
Issuance of common shares through public offering, net StockIssuedDuringPeriodValueNewIssues $449.94M USD 3 Qtrs
Issuance of common shares through public offering, net StockIssuedDuringPeriodValueNewIssues $99.68M USD 1 Quarter
Adjustment for conversion of noncontrolling interest of unitholders in the Operating Partnership and DownREIT Partnership StockIssuedDuringPeriodValueConversionOfUnits $10.14M USD 3 Qtrs
Adjustment for conversion of noncontrolling interest of unitholders in the Operating Partnership and DownREIT Partnership StockIssuedDuringPeriodValueConversionOfUnits $2.06M USD 1 Quarter
Adjustment for conversion of noncontrolling interest of unitholders in the Operating Partnership and DownREIT Partnership StockIssuedDuringPeriodValueConversionOfUnits $1.56M USD 1 Quarter
Adjustment for conversion of noncontrolling interest of unitholders in the Operating Partnership and DownREIT Partnership StockIssuedDuringPeriodValueConversionOfUnits $14.76M USD 3 Qtrs
Common stock distributions declared DividendsCommonStockCash $138.11M USD 1 Quarter
Common stock distributions declared DividendsCommonStockCash $414.81M USD 3 Qtrs
Common stock distributions declared DividendsCommonStockCash $124.02M USD 1 Quarter
Common stock distributions declared DividendsCommonStockCash $368.55M USD 3 Qtrs
Repurchase of common shares StockRepurchasedDuringPeriodValue $25.01M USD 3 Qtrs
Repurchase of common shares StockRepurchasedDuringPeriodValue $15.15M USD 3 Qtrs
Repurchase of common shares StockRepurchasedDuringPeriodValue $15.15M USD 1 Quarter
Repurchase of common shares StockRepurchasedDuringPeriodValue $25.01M USD 1 Quarter
Preferred stock distributions declared-Series E PreferredStockDividendsIncomeStatementImpact $1.22M USD 1 Quarter
Preferred stock distributions declared-Series E PreferredStockDividendsIncomeStatementImpact $3.31M USD 3 Qtrs
Preferred stock distributions declared-Series E PreferredStockDividendsIncomeStatementImpact $3.63M USD 3 Qtrs
Preferred stock distributions declared-Series E PreferredStockDividendsIncomeStatementImpact $1.11M USD 1 Quarter
Adjustment to reflect redemption value of redeemable noncontrolling interests MinorityInterestChangeInRedemptionValue $159.30M USD 1 Quarter
Adjustment to reflect redemption value of redeemable noncontrolling interests MinorityInterestChangeInRedemptionValue $90.25M USD 1 Quarter
Adjustment to reflect redemption value of redeemable noncontrolling interests MinorityInterestChangeInRedemptionValue $65.80M USD 3 Qtrs
Adjustment to reflect redemption value of redeemable noncontrolling interests MinorityInterestChangeInRedemptionValue $376.51M USD 3 Qtrs
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.12B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.15B 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 $3.95B USD Point-in-time
Comprehensive Income 28 line items
Line Item Tag Value Unit Period
Net income/(loss) ProfitLoss $45.11M USD 3 Qtrs
Net income/(loss) ProfitLoss $25.14M USD 1 Quarter
Net income/(loss) ProfitLoss $35.42M USD 1 Quarter
Net income/(loss) ProfitLoss $438.53M USD 3 Qtrs
Unrealized holding gain/(loss) OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $1.31M USD 1 Quarter
Unrealized holding gain/(loss) OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $5.05M USD 1 Quarter
Unrealized holding gain/(loss) OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $13.99M USD 3 Qtrs
Unrealized holding gain/(loss) OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $5.34M USD 3 Qtrs
(Gain)/loss reclassified into earnings from other comprehensive income/(loss) OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax $313.00K USD 1 Quarter
(Gain)/loss reclassified into earnings from other comprehensive income/(loss) OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax $5.33M USD 3 Qtrs
(Gain)/loss reclassified into earnings from other comprehensive income/(loss) OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax $2.11M USD 1 Quarter
(Gain)/loss reclassified into earnings from other comprehensive income/(loss) OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax $28.00K USD 3 Qtrs
Other comprehensive income/(loss), including portion attributable to noncontrolling interests OtherComprehensiveIncomeLossNetOfTax $4.74M USD 1 Quarter
Other comprehensive income/(loss), including portion attributable to noncontrolling interests OtherComprehensiveIncomeLossNetOfTax $13.96M USD 3 Qtrs
Other comprehensive income/(loss), including portion attributable to noncontrolling interests OtherComprehensiveIncomeLossNetOfTax $-796.00K USD 1 Quarter
Other comprehensive income/(loss), including portion attributable to noncontrolling interests OtherComprehensiveIncomeLossNetOfTax $4.00K USD 3 Qtrs
Comprehensive income/(loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $34.62M USD 1 Quarter
Comprehensive income/(loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $59.07M USD 3 Qtrs
Comprehensive income/(loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $438.53M USD 3 Qtrs
Comprehensive income/(loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $29.88M USD 1 Quarter
Comprehensive (income)/loss attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $27.15M USD 3 Qtrs
Comprehensive (income)/loss attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $1.84M USD 1 Quarter
Comprehensive (income)/loss attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $2.52M USD 1 Quarter
Comprehensive (income)/loss attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $3.64M USD 3 Qtrs
Comprehensive income/(loss) attributable to UDR, Inc. ComprehensiveIncomeNetOfTax $55.43M USD 3 Qtrs
Comprehensive income/(loss) attributable to UDR, Inc. ComprehensiveIncomeNetOfTax $411.38M USD 3 Qtrs
Comprehensive income/(loss) attributable to UDR, Inc. ComprehensiveIncomeNetOfTax $28.04M USD 1 Quarter
Comprehensive income/(loss) attributable to UDR, Inc. ComprehensiveIncomeNetOfTax $32.10M USD 1 Quarter

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

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