XML 70 R59.htm IDEA: XBRL DOCUMENT
v2.4.0.6

Reportable Segment (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2012
Segment Reporting [Abstract] |
Summary of rental income and NOI for UDRs reportable segments and reconciliation of NOI to loss from continuing operations | The following table details rental income and NOI from continuing and discontinued operations for UDR’s reportable segments for the three and six months ended June 30, 2012 and 2011, and reconciles NOI to net income/(loss) attributable to UDR per the Consolidated Statements of Operations (dollars in thousands):
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2012 |  | 2011 |  | 2012 |  | 2011
Reportable apartment home segment rental income |  |  |  |  |  |  |
Same Communities |  |  |  |  |  |  |
Western Region | $ | 54,740 |  |  | $ | 51,450 |  |  | $ | 108,031 |  |  | $ | 101,627 |
Mid-Atlantic Region | 39,063 |  |  | 37,482 |  |  | 77,572 |  |  | 74,343 |
Southeastern Region | 27,364 |  |  | 26,081 |  |  | 54,377 |  |  | 51,889 |
Southwestern Region | 10,855 |  |  | 10,019 |  |  | 21,435 |  |  | 19,808 |
Non-Mature communities/Other | 58,668 |  |  | 52,186 |  |  | 118,618 |  |  | 100,053 |
Total segment and consolidated rental income | $ | 190,690 |  |  | $ | 177,218 |  |  | $ | 380,033 |  |  | $ | 347,720 |
Reportable apartment home segment NOI |  |  |  |  |  |  |
Same Communities |  |  |  |  |  |  |
Western Region | $ | 38,130 |  |  | $ | 35,569 |  |  | $ | 75,214 |  |  | $ | 69,661 |
Mid-Atlantic Region | 27,086 |  |  | 25,964 |  |  | 53,765 |  |  | 51,030 |
Southeastern Region | 17,764 |  |  | 16,280 |  |  | 35,358 |  |  | 32,516 |
Southwestern Region | 6,229 |  |  | 5,766 |  |  | 12,495 |  |  | 10,995 |
Non-Mature communities/Other | 39,702 |  |  | 34,491 |  |  | 80,193 |  |  | 64,665 |
Total segment and consolidated NOI | 128,911 |  |  | 118,070 |  |  | 257,025 |  |  | 228,867 |
Reconciling items: |  |  |  |  |  |  |
Non-property income | 3,223 |  |  | 2,853 |  |  | 6,906 |  |  | 7,389 |
Property management | (5,244 | ) |  | (4,873 | ) |  | (10,451 | ) |  | (9,562 | )
Other operating expenses | (1,434 | ) |  | (1,585 | ) |  | (2,817 | ) |  | (3,089 | )
Depreciation and amortization | (84,474 | ) |  | (91,161 | ) |  | (178,721 | ) |  | (175,276 | )
Interest | (41,542 | ) |  | (37,844 | ) |  | (76,287 | ) |  | (78,561 | )
General and administrative | (13,738 | ) |  | (12,875 | ) |  | (23,117 | ) |  | (23,505 | )
Other depreciation and amortization | (1,017 | ) |  | (986 | ) |  | (1,935 | ) |  | (2,029 | )
Loss from unconsolidated entities | (2,412 | ) |  | (1,348 | ) |  | (5,103 | ) |  | (2,680 | )
Tax benefit of taxable REIT subsidiary, net | 2,027 |  |  | — |  |  | 24,903 |  |  | — |
Redeemable non-controlling interests in OP | (5,911 | ) |  | (221 | ) |  | (9,331 | ) |  | 611 |
Non-controlling interests | (43 | ) |  | (37 | ) |  | (95 | ) |  | (88 | )
Net gain on sale of depreciable property | 172,006 |  |  | 44,658 |  |  | 252,531 |  |  | 44,699 |
Net income/(loss) attributable to UDR, Inc. | $ | 150,352 |  |  | $ | 14,651 |  |  | $ | 233,508 |  |  | $ | (13,224 | )
Details of assets of UDR's reportable segments | The following table details the assets of UDR’s reportable segments as of June 30, 2012 and December 31, 2011 (dollars in thousands):
| June 30, 2012 |  | December 31, 2011
Reportable apartment home segment assets: |  |  |
Same communities: |  |  |
Western Region | $ | 2,274,841 |  |  | $ | 2,260,859 |
Mid-Atlantic Region | 1,346,780 |  |  | 1,340,679 |
Southeastern Region | 862,330 |  |  | 852,572 |
Southwestern Region | 411,699 |  |  | 409,751 |
Non-mature communities/Other | 2,865,595 |  |  | 3,210,610 |
Total segment assets | 7,761,245 |  |  | 8,074,471 |
Accumulated depreciation | (1,769,530 | ) |  | (1,831,727 | )
Total segment assets — net book value | 5,991,715 |  |  | 6,242,744 |
Reconciling items: |  |  |
Cash and cash equivalents | 184,112 |  |  | 12,503 |
Restricted cash | 24,580 |  |  | 24,634 |
Deferred financing costs, net | 28,579 |  |  | 30,068 |
Notes receivable | 39,409 |  |  | — |
Investment in unconsolidated joint ventures | 580,098 |  |  | 213,040 |
Other assets | 124,128 |  |  | 198,365 |
Total consolidated assets | $ | 6,972,621 |  |  | $ | 6,721,354 |

X
- Definition Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 131 -Paragraph 32 -Subparagraph c -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 + Details
Name: | us-gaap_ReconciliationOfAssetsFromSegmentToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of all significant reconciling items in the reconciliation of total profit or loss from reportable segments, to the entity's consolidated income before income taxes, extraordinary items, and discontinued operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 131 -Paragraph 32 -Subparagraph b -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 + Details
Name: | us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration