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INCOME/(LOSS) PER SHARE (Tables) | 6 Months Ended
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Jun. 30, 2021
INCOME/(LOSS) PER SHARE |
Computation of basic and diluted income/(loss) 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 | ​ | Six Months Ended | ​
​ | ​ | June 30, | ​ | June 30, | ​
​ |  | 2021 |  | 2020 |  | 2021 |  | 2020 | ​
Numerator for income/(loss) per share: | ​ | ​ | ​ | ​ | ​ |  | ​ | ​ | ​ | ​ | ​ |  | ​
Net income/(loss) | ​ | $ | 12,535 | ​ | $ | 62,096 | ​ | $ | 15,809 | ​ | $ | 67,636 | ​
Net (income)/loss attributable to redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership | ​ |  | (807) | ​ |  | (4,291) | ​ |  | (961) | ​ |  | (4,604) | ​
Net (income)/loss attributable to noncontrolling interests | ​ |  | (8) | ​ |  | (34) | ​ |  | (24) | ​ |  | (40) | ​
Net income/(loss) attributable to UDR, Inc. | ​ |  | 11,720 | ​ |  | 57,771 | ​ |  | 14,824 | ​ |  | 62,992 | ​
Distributions to preferred stockholders — Series E (Convertible) | ​ |  | (1,057) | ​ |  | (1,062) | ​ |  | (2,113) | ​ |  | (2,128) | ​
Income/(loss) attributable to common stockholders - basic and diluted | ​ | $ | 10,663 | ​ | $ | 56,709 | ​ | $ | 12,711 | ​ | $ | 60,864 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Denominator for income/(loss) per share: | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​
Weighted average common shares outstanding | ​ |  | 296,842 | ​ |  | 294,970 | ​ |  | 296,821 | ​ |  | 294,850 | ​
Non-vested restricted stock awards | ​ |  | (253) | ​ |  | (260) | ​ |  | (257) | ​ |  | (266) | ​
Denominator for basic income/(loss) per share | ​ |  | 296,589 | ​ |  | 294,710 | ​ |  | 296,564 | ​ |  | 294,584 | ​
Incremental shares issuable from assumed conversion of unvested LTIP Units and unvested restricted stock | ​ |  | 953 | ​ |  | 377 | ​ |  | 657 | ​ |  | 499 | ​
Denominator for diluted income/(loss) per share | ​ |  | 297,542 | ​ |  | 295,087 | ​ |  | 297,221 | ​ |  | 295,083 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Income/(loss) per weighted average common share: | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​
Basic | ​ | $ | 0.04 | ​ | $ | 0.19 | ​ | $ | 0.04 | ​ | $ | 0.21 | ​
Diluted | ​ | $ | 0.04 | ​ | $ | 0.19 | ​ | $ | 0.04 | ​ | $ | 0.21 | ​
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share | 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 six months ended June 30, 2021 and 2020 (in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended | ​ | Six Months Ended | ​
​ | ​ | June 30, | ​ | June 30, | ​
​ | ​ | 2021 | ​ | 2020 | ​ | 2021 | ​ | 2020 | ​
OP/DownREIT Units |  | 22,550 |  | 22,386 |  | 22,474 |  | 22,307 |
Convertible preferred stock |  | 2,918 |  | 2,953 |  | 2,918 |  | 2,982 |
Unvested LTIP Units and unvested restricted stock |  | 953 |  | 377 |  | 657 |  | 499 |

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- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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