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Commitments and Contingencies (Tables) | 9 Months Ended
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Sep. 30, 2014
Commitments and Contingencies Disclosure [Abstract] |
Real estate commitments | The following summarizes the Company’s real estate commitments at September 30, 2014 (dollars in thousands):
| Number of Properties |  | Costs Incurred to Date (a) |  | Expected Costs to Complete |  | Average Ownership Stake
Wholly-owned — under development | 3 |  | $ | 321,607 |  | (b) | $ | 78,793 |  |  | 100 | %
Wholly-owned — redevelopment | 1 |  | 80,619 |  | (b) | 17,381 |  |  | 100 | %
Joint ventures: |  |  |  |  |  |  |
Unconsolidated joint ventures | 2 |  | 158,986 |  |  | 143,981 |  | (c) | 51 | %
Participating loan investments | 1 |  | 43,822 |  | (d) | 48,187 |  | (e) | 0 | %
|  |  | $ | 605,034 |  |  | $ | 288,342 |  |  |
(a) | Represents 100% of project costs incurred to date.
(b) | Costs incurred to date include $26.8 million and $2.1 million of accrued fixed assets for development and redevelopment, respectively.
(c) | Represents UDR’s contributed and remaining equity commitment in unconsolidated joint ventures.
(d) | Represents the participating loan balance funded as of September 30, 2014.
(e) | Represents UDR’s remaining participating loan commitment for Steele Creek.

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- Definition Tabular disclosure of key provisions of an arrangement under which the entity has agreed to purchase goods or services over a period of time greater than one year or the normal operating cycle, if longer, including the item for which expenditures will be made, minimum quantities, milestones, time period and committed amount. + References No definition available. + Details
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