Three Months Ended

Six Months Ended

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