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Real Estate Owned (UNITED DOMINION REALTY, L.P.) (Tables)
12 Months Ended
Dec. 31, 2015
Entity Information [Line Items]  
Schedule of (loss)/income from discontinued operations
The following is a summary of Income/(loss) from discontinued operations, net of tax for the years ended December 31, 2015, 2014, and 2013 (dollars in thousands):
 
Year Ended December 31,
 
2015
 
2014
 
2013
Rental income
$

 
$
147

 
$
9,152

Rental expenses

 
225

 
3,511

Property management

 
4

 
252

Real estate depreciation

 

 
1,958

Interest income and other (income)/expense, net

 
21

 
(62
)
Income/(loss) attributable to disposed properties and assets held for sale

 
(103
)
 
3,493

Net gain/(loss) on the sale of depreciable property

 
75

 
41,919

Impairment charges

 

 
(2,355
)
Income tax benefit/(provision)

 
38

 
885

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

 
$
10

 
$
43,942

 
 
 
 
 
 
Income/(loss) from discontinued operations attributable to UDR, Inc.
$

 
$
10

 
$
42,364

Summary of carrying amounts for real estate owned (at cost)
The following table summarizes the carrying amounts for our real estate owned (at cost) as of December 31, 2015 and 2014 (dollars in thousands):
 
December 31,
2015
 
December 31, 2014
Land
$
1,833,156

 
$
1,790,281

Depreciable property — held and used:
 
 
 
Land improvements
173,821

 
189,940

Building, improvements, and furniture, fixtures and equipment
7,046,622

 
6,225,406

Under development:
 
 
 
Land
78,085

 
24,584

Building, improvements, and furniture, fixtures and equipment
45,987

 
153,048

Real estate held for disposition:
 
 
 
Land
9,963

 

Building, improvements, and furniture, fixtures and equipment
2,642

 

Real estate owned
9,190,276

 
8,383,259

Accumulated depreciation
(2,646,874
)
 
(2,434,772
)
Real estate owned, net
$
6,543,402

 
$
5,948,487

United Dominion Reality L.P.  
Entity Information [Line Items]  
Schedule of (loss)/income from discontinued operations
The following is a summary of income from discontinued operations for the years ended December 31, 2015, 2014, and 2013 (dollars in thousands):
 
Year Ended December 31,
 
2015
 
2014
 
2013
Rental income
$

 
$

 
$
8,989

Rental expenses

 

 
3,149

Property management

 

 
247

Real estate depreciation

 

 
1,935

Income/(loss) attributable to disposed properties

 

 
3,658

Net gain/(loss) on the sale of depreciable properties

 

 
41,518

Income/(loss) from discontinued operations
$

 
$

 
$
45,176

The following table summarizes the impact of the deconsolidation of the contributed assets on the Consolidated Balance Sheet at December 31, 2015 (in thousands):
Assets
 
Real estate held for investment
$
(628,479
)
Accumulated depreciation
223,363

Real estate held for investment, net
(405,116
)
Cash and cash equivalents
(140
)
Other assets
(1,680
)
Total assets
$
(406,936
)
 
 
Liabilities
 
Secured debt, net
$
(228,390
)
Real estate taxes payable
(4,123
)
Accounts payable, accrued expenses, and other liabilities
(5,781
)
Total liabilities
$
(238,294
)
Schedule of Business Acquisitions, by Acquisition [Table Text Block]
The following table summarizes the allocation of the purchase price (in thousands):
Land
$
27,749

Buildings
111,878

Intangible assets
2,373

Total assets acquired
$
142,000

Summary of carrying amounts for real estate owned (at cost)
The following table summarizes the carrying amounts for our real estate owned (at cost) as of December 31, 2015 and 2014 (dollars in thousands):
 
December 31,
2015
 
December 31, 2014
Land
$
833,300

 
$
1,008,014

Depreciable property — held and used:
 
 
 
Buildings, improvements, and furniture, fixtures and equipment
2,797,605

 
3,230,756

Real estate owned
3,630,905

 
4,238,770

Accumulated depreciation
(1,281,258
)
 
(1,403,303
)
Real estate owned, net
$
2,349,647

 
$
2,835,467