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Income/(Loss) Per Share (Tables)
9 Months Ended
Sep. 30, 2014
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]  
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]
The following table sets forth the additional shares of common stock outstanding by equity instrument if converted to common stock for each of the three and nine months ended September 30, 2014 and 2013 (shares in thousands):
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
2014
 
2013
 
2014
 
2013
OP Units
 
9,189

 
9,323

 
9,274

 
9,343

Preferred stock
 
3,036

 
3,036

 
3,036

 
3,036

Stock options and unvested restricted stock
 
2,077

 
1,469

 
1,974

 
1,477

(Loss)/earnings per share
The following table sets forth the computation of basic and diluted income/(loss) per share for the periods presented (dollars and shares in thousands, except per share data):
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2014
 
2013
 
2014
 
2013
Numerator for income/(loss) per share:
 
 
 
 
 
 
 
Income/(loss) from continuing operations
$
10,611

 
$
2,351

 
$
9,775

 
$
5,713

Gain/(loss) on sale of real estate owned, net of tax
31,302

 

 
82,305

 

(Income)/loss from continuing operations attributable to redeemable noncontrolling interests in the Operating Partnership
(1,441
)
 
(52
)
 
(3,167
)
 
(106
)
(Income)/loss from continuing operations attributable to noncontrolling interests
4

 
37

 
(2
)
 
30

Income/(loss) from continuing operations attributable to UDR, Inc.
40,476

 
2,336

 
88,911

 
5,637

Distributions to preferred stockholders - Series E (Convertible)
(931
)
 
(931
)
 
(2,793
)
 
(2,793
)
Income/(loss) from continuing operations attributable to common stockholders
$
39,545

 
$
1,405

 
$
86,118

 
$
2,844

 
 
 
 
 
 
 
 
Income/(loss) from discontinued operations, net of tax
$
79

 
$
884

 
$
10

 
$
2,567

(Income)/loss from discontinued operations attributable to redeemable noncontrolling interests in the Operating Partnership
(6
)
 
(32
)
 
(4
)
 
(92
)
Income/(loss) from discontinued operations attributable to common stockholders
$
73

 
$
852

 
$
6

 
$
2,475

 
 
 
 
 
 
 
 
Net income/(loss) attributable to common stockholders
$
39,618

 
$
2,257

 
$
86,124

 
$
5,319

 
 
 
 
 
 
 
 
Denominator for income/(loss) per share:
 
 
 
 
 
 
 
Weighted average common shares outstanding
252,891

 
250,744

 
251,860

 
250,663

Non-vested restricted stock awards
(1,236
)
 
(759
)
 
(1,159
)
 
(701
)
Denominator for basic income/(loss) per share
251,655

 
249,985

 
250,701

 
249,962

Incremental shares issuable from assumed conversion of stock options and unvested restricted stock
2,077

 
1,469

 
1,974

 
1,477

Denominator for diluted income/(loss) per share
253,732

 
251,454

 
252,675

 
251,439

 
 
 
 
 
 
 
 
Income/(loss) per weighted average common share-basic:
 
 
 
 
 
 
 
Income/(loss) from continuing operations attributable to common stockholders
$
0.16

 
$
0.01

 
$
0.34

 
$
0.01

Income/(loss) from discontinued operations attributable to common stockholders
0.00

 
0.00

 
0.00

 
0.01

Net income/(loss) attributable to common stockholders
$
0.16

 
$
0.01

 
$
0.34

 
$
0.02

 
 
 
 
 
 
 
 
Income/(loss) per weighted average common share-diluted:
 
 
 
 
 
 
 
Income/(loss) from continuing operations attributable to common stockholders
$
0.16

 
$
0.01

 
$
0.34

 
$
0.01

Income/(loss) from discontinued operations attributable to common stockholders
0.00

 
0.00

 
0.00

 
0.01

Net income/(loss) attributable to common stockholders
$
0.16

 
$
0.01

 
$
0.34

 
$
0.02