Joint Ventures (Tables)

6 Months Ended

Jun. 30, 2012

Equity Method Investments and Joint Ventures [Abstract]

Financial information relating to unconsolidated joint ventures operations

Combined summary financial information relating to all of the unconsolidated joint ventures operations (not just our proportionate share), is presented below for the three and six months ended June 30, 2012 and 2011 (dollars in thousands):



	2012			2011
For the Three Months Ended June 30,
Revenues	$	74,725		$	48,414
Real estate depreciation and amortization	26,489			16,737
Net income/(loss)	3,544			(3,142		)
UDR recorded loss from unconsolidated entities	2,412			1,348

For the Six Months Ended June 30,
Revenues	$	137,750		$	95,005
Real estate depreciation and amortization	52,374			33,338
Net income/(loss)	(5,077		)	(8,731		)
UDR recorded loss from unconsolidated entities	5,103			2,680

Combined summary of balance sheets relating to unconsolidated joint ventures

Combined summary balance sheets relating to all of the unconsolidated joint ventures (not just our proportionate share) are presented below as of June 30, 2012 and December 31, 2011 (dollars in thousands):



	June 30, 2012		December 31, 2011
Real estate, net	$	3,550,889	$	2,908,623
Total assets	3,655,128		2,998,866
Amount due to UDR	12,853		6,251
Third party debt	1,770,990		1,499,419
Total liabilities	1,823,697		1,561,396
Total equity	1,816,754		1,437,470
Equity held by non-controlling interest	14,677		14,641
UDR's investment in unconsolidated joint ventures	580,098		213,040