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REPORTABLE SEGMENTS (Tables) | 3 Months Ended
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Mar. 31, 2020
REPORTABLE SEGMENTS |
Summary of rental income and NOI for UDRs reportable segments and reconciliation of NOI to Net income/(loss) | The following table details rental income and NOI for UDR’s reportable segments for the three months ended March 31, 2020 and 2019, and reconciles NOI to Net income/(loss) attributable to UDR, Inc. on the Consolidated Statements of Operations (dollars in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | March 31, (a)
​ |  | 2020 |  | 2019
Reportable apartment home segment lease revenue | ​ | ​ | ​ | ​ | ​ | ​
Same-Store Communities (a) | ​ | ​ |  |  | ​ |
West Region | ​ | $ | 102,616 | ​ | $ | 98,633
Mid-Atlantic Region | ​ |  | 56,085 | ​ |  | 54,300
Northeast Region | ​ |  | 30,942 | ​ |  | 30,193
Southeast Region | ​ |  | 30,677 | ​ |  | 29,531
Southwest Region | ​ |  | 16,626 | ​ |  | 16,077
Non-Mature Communities/Other | ​ |  | 74,676 | ​ |  | 30,169
Total segment and consolidated lease revenue | ​ | $ | 311,622 | ​ | $ | 258,903
​ | ​ | ​ | ​ | ​ | ​ | ​
Reportable apartment home segment other revenue | ​ | ​ | ​ | ​ | ​ | ​
Same-Store Communities (a) | ​ | ​ |  |  | ​ |
West Region | ​ | $ | 2,774 | ​ | $ | 3,076
Mid-Atlantic Region | ​ |  | 1,573 | ​ |  | 2,002
Northeast Region | ​ |  | 501 | ​ |  | 629
Southeast Region | ​ |  | 1,429 | ​ |  | 1,790
Southwest Region | ​ |  | 590 | ​ |  | 763
Non-Mature Communities/Other | ​ |  | 1,604 | ​ |  | 759
Total segment and consolidated other revenue | ​ | $ | 8,471 | ​ | $ | 9,019
​ | ​ | ​ | ​ | ​ | ​ | ​
Total reportable apartment home segment rental income | ​ | ​ | ​ | ​ | ​ | ​
Same-Store Communities (a) | ​ | ​ |  |  | ​ |
West Region | ​ | $ | 105,390 | ​ | $ | 101,709
Mid-Atlantic Region | ​ |  | 57,658 | ​ |  | 56,302
Northeast Region | ​ |  | 31,443 | ​ |  | 30,822
Southeast Region | ​ |  | 32,106 | ​ |  | 31,321
Southwest Region | ​ |  | 17,216 | ​ |  | 16,840
Non-Mature Communities/Other | ​ |  | 76,280 | ​ |  | 30,928
Total segment and consolidated rental income | ​ | $ | 320,093 | ​ | $ | 267,922
​ | ​ | ​ | ​ | ​ | ​ | ​
Reportable apartment home segment NOI | ​ |  |  | ​ |  |
Same-Store Communities (a) | ​ |  |  | ​ |  |
West Region | ​ | $ | 79,823 | ​ | $ | 76,984
Mid-Atlantic Region | ​ |  | 40,377 | ​ |  | 39,179
Northeast Region | ​ |  | 20,614 | ​ |  | 20,977
Southeast Region | ​ |  | 22,617 | ​ |  | 22,010
Southwest Region | ​ |  | 11,056 | ​ |  | 10,328
Non-Mature Communities/Other | ​ |  | 50,978 | ​ |  | 20,205
Total segment and consolidated NOI | ​ |  | 225,465 | ​ |  | 189,683
Reconciling items: | ​ |  |  | ​ |  |
Joint venture management and other fees | ​ |  | 1,388 | ​ |  | 2,751
Property management | ​ |  | (9,203) | ​ |  | (7,703)
Other operating expenses | ​ |  | (4,966) | ​ |  | (5,646)
Real estate depreciation and amortization | ​ |  | (155,476) | ​ |  | (112,468)
General and administrative | ​ |  | (14,978) | ​ |  | (12,467)
Casualty-related (charges)/recoveries, net | ​ |  | (1,251) | ​ |  | —
Other depreciation and amortization | ​ |  | (2,025) | ​ |  | (1,656)
Income/(loss) from unconsolidated entities | ​ |  | 3,367 | ​ |  | 49
Interest expense | ​ |  | (39,317) | ​ |  | (33,542)
Interest income and other income/(expense), net | ​ |  | 2,700 | ​ |  | 9,813
Tax (provision)/benefit, net | ​ |  | (164) | ​ |  | (2,212)
Net (income)/loss attributable to redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership | ​ |  | (313) | ​ |  | (2,057)
Net (income)/loss attributable to noncontrolling interests | ​ |  | (6) | ​ |  | (42)
Net income/(loss) attributable to UDR, Inc. | ​ | $ | 5,221 | ​ | $ | 24,503
(a) | Same-Store Community population consisted of 37,910 apartment homes.
​
Details of assets of UDR's reportable segments | The following table details the assets of UDR’s reportable segments as of March 31, 2020 and December 31, 2019 (dollars in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | March 31, |  | December 31,
​ | ​ | 2020 | ​ | 2019
Reportable apartment home segment assets: |  | ​ |  |  | ​ |
Same-Store Communities (a): |  | ​ |  |  | ​ |
West Region | ​ | $ | 3,704,480 | ​ | $ | 3,696,544
Mid-Atlantic Region | ​ |  | 2,356,688 | ​ |  | 2,350,341
Northeast Region | ​ |  | 1,501,767 | ​ |  | 1,500,597
Southeast Region | ​ |  | 810,984 | ​ |  | 806,830
Southwest Region | ​ |  | 603,082 | ​ |  | 600,350
Non-Mature Communities/Other | ​ |  | 3,840,997 | ​ |  | 3,647,439
Total segment assets | ​ |  | 12,817,998 | ​ |  | 12,602,101
Accumulated depreciation | ​ |  | (4,272,471) | ​ |  | (4,131,353)
Total segment assets — net book value | ​ |  | 8,545,527 | ​ |  | 8,470,748
Reconciling items: | ​ |  |  | ​ |  |
Cash and cash equivalents | ​ |  | 980 | ​ |  | 8,106
Restricted cash | ​ |  | 21,949 | ​ |  | 25,185
Notes receivable, net | ​ |  | 151,543 | ​ |  | 153,650
Investment in and advances to unconsolidated joint ventures, net | ​ |  | 588,395 | ​ |  | 588,262
Operating lease right-of-use assets | ​ | ​ | 203,410 | ​ | ​ | 204,225
Other assets | ​ |  | 179,301 | ​ |  | 186,296
Total consolidated assets | ​ | $ | 9,691,105 | ​ | $ | 9,636,472
(a) | Same-Store Community population consisted of 37,910 apartment homes.
​

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