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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
REVENUES        
Rental Income $ 212,764 $ 200,959 $ 419,811 $ 395,311
Joint venture management and other fees 3,098 2,747 15,804 6,434
Total revenues 215,862 203,706 435,615 401,745
OPERATING EXPENSES        
Property operating and maintenance 37,194 36,840 74,444 73,560
Real estate taxes and insurance 25,138 23,716 51,360 49,147
Property management 5,851 5,527 11,545 10,872
Other operating expenses 1,769 2,162 3,535 4,088
Real estate depreciation and amortization 90,344 88,876 179,121 177,409
General and administrative 13,721 12,530 25,873 24,524
Casualty-related (recoveries)/charges, net 843 0 1,839 500
Other depreciation and amortization 1,700 1,193 3,323 2,273
Total operating expenses 176,560 170,844 351,040 342,373
Operating income 39,302 32,862 84,575 59,372
Income/(loss) from unconsolidated entities (573) (428) 58,586 (3,993)
Interest expense (29,673) (31,691) (58,473) (64,575)
Interest and other income/(expense), net 382 1,426 742 2,841
Income/(loss) before income taxes, discountinued operations, and gain/(loss) on sale of real estate owned 9,438 2,169 85,430 (6,355)
Tax benefit/(expense), net 1,404 2,190 1,829 5,519
Income/(loss) from continuing operations 10,842 4,359 87,259 (836)
Income/(loss) from discontinued operations, net of tax 0 18 0 (69)
Income/(loss) before gain/(loss) of real estate owned 10,842 4,377 87,259 (905)
Gains/(loss) on sales of real estate, net of tax 79,042 26,709 79,042 51,003
Net income/(loss) 89,884 31,086 166,301 50,098
Net (income)/loss attributable to redeemable noncontrolling interests in the Operating Partnership (3,029) (1,077) (5,617) (1,724)
Net (income)/loss attributable to noncontrolling interests 0 (2) (7) (6)
Net income/(loss) attributable to UDR, Inc. 86,855 30,007 160,677 48,368
Distributions to preferred stockholders - Series E (Convertible) (931) (931) (1,862) (1,862)
Net (loss)/income attributable to common stockholders $ 85,924 $ 29,076 $ 158,815 $ 46,506
Income/(loss) per weighted average common share - basic and diluted:        
Income/(loss) from continuing operations attributable to common stockholders $ 0.33 $ 0.12 $ 0.62 $ 0.19
Income/(loss) from discontinued operations attributable to common stockholders, 0.00 0.00 0.00 0.00
Net income/(loss) attributable to common stockholders $ 0.33 $ 0.12 $ 0.62 $ 0.19
Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements 4,957 1,936 1,923 1,875
Income/(loss) from continuing operations attributable to common stockholders, $ 0.33 $ 0.12 $ 0.61 $ 0.18
Income from discontinued operations attributable to common stockholders 0.00 0.00 0.00 0.00
Net income/(loss) attributable to common stockholders 0.33 0.12 0.61 0.18
Common distributions declared per share $ 0.2775 $ 0.2600 $ 0.5550 $ 0.5200
Weighted average number of common shares outstanding — basic 257,849 250,255 257,344 250,216
Weighted average number of common shares outstanding — diluted 262,806 252,191 259,267 252,091