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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
REVENUES:        
Rental income $ 309,116 $ 305,982 $ 608,942 $ 626,075
Joint venture management and other fees $ 2,232 $ 1,274 $ 3,847 $ 2,662
Type of revenue udr:ManagementAndOtherFeesMember udr:ManagementAndOtherFeesMember udr:ManagementAndOtherFeesMember udr:ManagementAndOtherFeesMember
Total revenues $ 311,348 $ 307,256 $ 612,789 $ 628,737
OPERATING EXPENSES:        
Property operating and maintenance 51,335 48,717 102,716 98,200
Real estate taxes and insurance 49,145 45,012 96,532 90,157
Property management 9,273 8,797 18,268 18,000
Other operating expenses 4,373 6,100 8,808 11,066
Real estate depreciation and amortization 146,169 155,056 290,257 310,532
General and administrative 15,127 10,971 27,863 25,949
Casualty-related charges/(recoveries), net (2,463) 102 3,114 1,353
Other depreciation and amortization 2,602 2,027 5,203 4,052
Total operating expenses 275,561 276,782 552,761 559,309
Gain/(loss) on sale of real estate owned   61,303 50,829 61,303
Operating income 35,787 91,777 110,857 130,731
Income/(loss) from unconsolidated entities 9,751 8,021 14,673 11,388
Interest expense (35,404) (38,597) (113,560) (77,914)
Interest income and other income/(expense), net 2,536 2,421 4,593 5,121
Income/(loss) before income taxes 12,670 63,622 16,563 69,326
Tax (provision)/benefit, net (135) (1,526) (754) (1,690)
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)
Net income/(loss) attributable to common stockholders $ 10,663 $ 56,709 $ 12,711 $ 60,864
Income/(loss) per weighted average common share - basic $ 0.04 $ 0.19 $ 0.04 $ 0.21
Income/(loss) per weighted average common share - diluted $ 0.04 $ 0.19 $ 0.04 $ 0.21
Weighted average number of common shares outstanding - basic 296,589 294,710 296,564 294,584
Weighted average number of common shares outstanding - diluted 297,542 295,087 297,221 295,083