XML 25 R104.htm IDEA: XBRL DOCUMENT v2.4.0.8
Reportable Segments (Details) (USD $)
In Thousands, unless otherwise specified
 3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2014
Segments
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Dec. 31, 2012
Dec. 31, 2013
Segment Reporting Information [Line Items]            
Same Store Communities 36,268   35,177      
Summary of rental income and NOI for UDRs reportable segments and reconciliation of NOI to loss from continuing operations            
Reportable apartment home segment rental income $ 206,752 $ 191,124 $ 608,497 $ 565,510    
Reportable apartment home segment NOI 139,814 128,643 412,330   382,612  
Reconciling items:            
Joint venture management and other fees 3,165 3,207 9,599 9,347 9,347  
Property management (5,599) (5,236) (16,474)   (15,491)  
Other operating expenses (2,012) (1,787) (6,118)   (5,237)  
Real estate depreciation and amortization 89,339 83,738 266,748 251,231    
General and administrative (11,554) (11,364) (36,078)   (30,706)  
Casualty (Recoveries)/Charges 0 6,460 (500) 12,253 (12,253)  
Other depreciation and amortization (1,385) (1,176) (3,658) (3,460) (3,460)  
Income/(loss) from unconsolidated entities (939) (3,794) (4,932) (6,081) (6,081)  
Interest expense (33,087) (30,939) (97,662) (92,723) (92,723)  
Interest and other income/(expense), net 9,061 829 11,902   3,291  
Gains/(loss) on sales of real estate, net of tax 31,302 0 82,305 0    
Tax benefit, net 2,490 2,658 8,049   7,314  
Gain on sale of real estate owned, net of tax 31,377 0 82,380 0    
Net (income)/loss attributable to redeemable noncontrolling interests in the Operating Partnership (1,447) (84) (3,171) (198) (198)  
Net (income)/loss attributable to noncontrolling interests 4 37 (2)   30  
Net income/(loss) attributable to UDR, Inc. 40,549 3,188 88,917 8,112 8,112  
Reportable apartment home segment assets:            
Total segment assets 8,428,291   8,428,291     8,207,977
Accumulated depreciation (2,379,033)   (2,379,033)     (2,208,794)
Total segment asset - net book value 6,049,258   6,049,258     5,999,183
Reconciling items:            
Cash and cash equivalents 14,605 11,149 14,605 11,149 12,115 30,249
Restricted cash 23,969   23,969     22,796
Deferred financing costs, net 24,344   24,344     26,924
Notes receivable, net 18,318   18,318     83,033
Investment in and advances to unconsolidated joint ventures, net (650,441)   (650,441)     (507,655)
Other assets 117,153   117,153     137,882
Total consolidated assets 6,898,088   6,898,088     6,807,722
Reportable Segment (Textual) [Abstract]            
Number of reportable segments 2          
Condition for Community considered to have stabilized occupancy     90% occupancy for at least three consecutive months      
Number of Tenants or related group of tenants that contributed 10% or more of company total revenue 0 0 0 0    
Same-Store [Member]
            
Reportable Segment (Textual) [Abstract]            
SEC Schedule III, Real Estate, Improvements 15,100 14,500 36,500   34,600  
Same Store Communities Western Region [Member]
            
Summary of rental income and NOI for UDRs reportable segments and reconciliation of NOI to loss from continuing operations            
Reportable apartment home segment rental income 68,275 64,195 189,075   177,884  
Reportable apartment home segment NOI 49,110 45,699 136,587   126,860  
Reportable apartment home segment assets:            
Total segment assets 2,591,838   2,591,838     2,412,091
Same Store Communities Mid-Atlantic Region [Member]
            
Summary of rental income and NOI for UDRs reportable segments and reconciliation of NOI to loss from continuing operations            
Reportable apartment home segment rental income 40,479 40,164 121,356   119,937  
Reportable apartment home segment NOI 27,622 27,629 83,581   83,287  
Reportable apartment home segment assets:            
Total segment assets 1,404,730   1,404,730     1,395,772
Same Store Communities Northeast Region [Member]
            
Summary of rental income and NOI for UDRs reportable segments and reconciliation of NOI to loss from continuing operations            
Reportable apartment home segment rental income 20,721 19,806 45,331   43,441  
Reportable apartment home segment NOI 15,571 14,678 33,361   31,409  
Reportable apartment home segment assets:            
Total segment assets 1,073,905   1,073,905     1,066,260
Same Store Communities Southeastern Region [Member]
            
Summary of rental income and NOI for UDRs reportable segments and reconciliation of NOI to loss from continuing operations            
Reportable apartment home segment rental income 27,210 25,851 80,578   76,763  
Reportable apartment home segment NOI 17,480 16,560 53,329   49,866  
Reportable apartment home segment assets:            
Total segment assets 783,641   783,641     785,134
Same Store Communities Southwestern Region [Member]
            
Summary of rental income and NOI for UDRs reportable segments and reconciliation of NOI to loss from continuing operations            
Reportable apartment home segment rental income 13,859 13,293 40,949   39,012  
Reportable apartment home segment NOI 8,509 7,983 25,130   23,751  
Reportable apartment home segment assets:            
Total segment assets 438,982   438,982     434,875
Non-Mature communities/Other [Member]
            
Summary of rental income and NOI for UDRs reportable segments and reconciliation of NOI to loss from continuing operations            
Reportable apartment home segment rental income 33,064 27,070 121,756   106,256  
Reportable apartment home segment NOI 21,522 16,094 80,342   67,439  
Reportable apartment home segment assets:            
Total segment assets 2,135,195   2,135,195     2,113,845
Reportable Segment (Textual) [Abstract]            
SEC Schedule III, Real Estate, Improvements 1,343 1,567 5,001   4,800  
Total Communities [Member]
            
Summary of rental income and NOI for UDRs reportable segments and reconciliation of NOI to loss from continuing operations            
Reportable apartment home segment rental income 203,608 190,379 599,045   563,293  
United Dominion Reality L.P. [Member]
            
Segment Reporting Information [Line Items]            
Same Store Communities 19,518   19,010      
Summary of rental income and NOI for UDRs reportable segments and reconciliation of NOI to loss from continuing operations            
Reportable apartment home segment NOI 75,753 71,993 223,138   214,573  
Reconciling items:            
Property management (2,955) (2,860) (8,653)   (8,436)  
Other operating expenses (1,484) (1,405) (4,371)   (4,215)  
Real estate depreciation and amortization 45,043 44,333 134,011 133,962    
General and administrative (6,939) (6,855) (21,368)   (18,324)  
Casualty (Recoveries)/Charges 0 3,807 (500) 8,083 (8,083)  
Interest expense (10,457) (8,773) (30,629)   (27,085)  
Gains/(loss) on sales of real estate, net of tax 0 0 40,687 0    
Net (income)/loss attributable to noncontrolling interests (238) (39) (697)   (151)  
Net income/(loss) attributable to UDR, Inc. 8,637 11,011 63,596 28,893 28,893  
Reportable apartment home segment assets:            
Total segment assets 4,219,223   4,219,223     4,188,480
Accumulated depreciation (1,358,123)   (1,358,123)     (1,241,574)
Total segment asset - net book value 2,861,100   2,861,100     2,946,906
Reconciling items:            
Cash and cash equivalents 1,484 2,422 1,484 2,422 2,804 1,897
Restricted cash 13,989   13,989     13,526
Deferred financing costs, net 4,783   4,783     5,848
Other assets 25,070   25,070     25,064
Total consolidated assets 2,906,426   2,906,426     2,993,241
Reportable Segment (Textual) [Abstract]            
Related Party Transaction, Management Fee Percentage     2.75%      
Number of reportable segments 2          
Number of Tenants or related group of tenants that contributed 10% or more of company total revenue 0 0 0 0    
United Dominion Reality L.P. [Member] | Same-Store [Member]
            
Reportable Segment (Textual) [Abstract]            
SEC Schedule III, Real Estate, Improvements 8,600 6,900 20,000   18,500  
United Dominion Reality L.P. [Member] | Same Store Communities Western Region [Member]
            
Summary of rental income and NOI for UDRs reportable segments and reconciliation of NOI to loss from continuing operations            
Reportable apartment home segment rental income 49,279 46,246 144,252   135,418  
Reportable apartment home segment NOI 35,801 33,307 105,375   97,533  
Reportable apartment home segment assets:            
Total segment assets 1,742,559   1,742,559     1,733,144
United Dominion Reality L.P. [Member] | Same Store Communities Mid-Atlantic Region [Member]
            
Summary of rental income and NOI for UDRs reportable segments and reconciliation of NOI to loss from continuing operations            
Reportable apartment home segment rental income 17,169 17,105 51,779   51,095  
Reportable apartment home segment NOI 11,422 11,483 34,888   34,689  
Reportable apartment home segment assets:            
Total segment assets 710,277   710,277     706,447
United Dominion Reality L.P. [Member] | Same Store Communities Northeast Region [Member]
            
Summary of rental income and NOI for UDRs reportable segments and reconciliation of NOI to loss from continuing operations            
Reportable apartment home segment rental income 14,968 14,331 28,410   27,414  
Reportable apartment home segment NOI 11,609 10,789 21,448   20,083  
Reportable apartment home segment assets:            
Total segment assets 776,310   776,310     770,937
United Dominion Reality L.P. [Member] | Same Store Communities Southeastern Region [Member]
            
Summary of rental income and NOI for UDRs reportable segments and reconciliation of NOI to loss from continuing operations            
Reportable apartment home segment rental income 11,368 10,841 33,753   32,177  
Reportable apartment home segment NOI 7,327 6,957 22,286   20,898  
Reportable apartment home segment assets:            
Total segment assets 331,727   331,727     328,150
United Dominion Reality L.P. [Member] | Same Store Communities Southwestern Region [Member]
            
Summary of rental income and NOI for UDRs reportable segments and reconciliation of NOI to loss from continuing operations            
Reportable apartment home segment rental income 6,667 6,508 19,873   19,098  
Reportable apartment home segment NOI 4,192 4,040 12,578   11,987  
Reportable apartment home segment assets:            
Total segment assets 227,886   227,886     226,252
United Dominion Reality L.P. [Member] | Non-Mature communities/Other [Member]
            
Summary of rental income and NOI for UDRs reportable segments and reconciliation of NOI to loss from continuing operations            
Reportable apartment home segment rental income 7,993 8,966 36,589   41,564  
Reportable apartment home segment NOI 5,402 5,417 26,563   29,383  
Reportable apartment home segment assets:            
Total segment assets 430,464   430,464     423,550
Reportable Segment (Textual) [Abstract]            
SEC Schedule III, Real Estate, Improvements 137 436 555   1,497  
United Dominion Reality L.P. [Member] | Total Communities [Member]
            
Summary of rental income and NOI for UDRs reportable segments and reconciliation of NOI to loss from continuing operations            
Reportable apartment home segment rental income 107,444 103,997 314,656   306,766  
Taxable REIT Subsidiaries [Member] | United Dominion Reality L.P. [Member]
            
Reportable Segment (Textual) [Abstract]            
Related Party Transaction, Management Fee Percentage     2.75%      
Segment Reconciling Items [Member]
            
Reconciling items:            
Real estate depreciation and amortization 89,339 84,266 266,748   252,839  
Segment Reconciling Items [Member] | United Dominion Reality L.P. [Member]
            
Reconciling items:            
Real estate depreciation and amortization $ 45,043 $ 44,857 $ 134,011   $ 135,552