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JOINT VENTURES AND PARTNERSHIPS - Summary (Details)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
USD ($)
property
home
community
Jun. 30, 2020
USD ($)
Jun. 30, 2021
USD ($)
property
home
community
Jun. 30, 2020
USD ($)
May 31, 2021
USD ($)
home
Apr. 28, 2021
Mar. 31, 2021
USD ($)
home
Jan. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Unconsolidated entities                  
Number of real estate properties | community 153   153            
Investment in unconsolidated entities $ 613,903   $ 613,903           $ 595,486
Sold joint ventures and other investments in prior year (3) $ 1,389 (3) $ 2,678          
Income/(loss) from investments 9,751 8,021 14,673 11,388          
Preferred Equity Investment 1200 Broadway Nashville TN                  
Unconsolidated entities                  
Rate           12.25%      
Preferred Equity Investment Herndon, Virginia                  
Unconsolidated entities                  
Investment in unconsolidated entities               $ 30,200  
Rate               9.00%  
Preferred Equity Investment Allen, Texas                  
Unconsolidated entities                  
Number of apartment homes | home             469    
Investment in unconsolidated entities             $ 19,800    
Rate             9.00%    
Preferred Equity Investment Kissimmee, Florida                  
Unconsolidated entities                  
Number of apartment homes | home         384        
Investment in unconsolidated entities         $ 16,000        
Rate         14.00%        
Operating Community                  
Unconsolidated entities                  
Investment in unconsolidated entities 284,152   284,152           289,931
Income/(loss) from investments $ (4,359) (3,016) $ (8,417) (5,453)          
Operating Community | Unconsolidated Joint Venture UDR Met Life I Partnership                  
Unconsolidated entities                  
Number of real estate properties | property 1   1            
Number of apartment homes | home 150   150            
Investment in unconsolidated entities $ 25,095   $ 25,095           $ 26,426
UDR's Ownership Interest 50.00%   50.00%           50.00%
Income/(loss) from investments $ (839) (658) $ (1,314) (1,112)          
Operating Community | Unconsolidated Joint Venture UDR MetLife II Partnership                  
Unconsolidated entities                  
Number of real estate properties | property 7   7            
Number of apartment homes | home 1,250   1,250            
Investment in unconsolidated entities $ 184,568   $ 184,568           $ 151,353
UDR's Ownership Interest 50.00%   50.00%           50.00%
Income/(loss) from investments $ (153) 10 $ (2,837) (81)          
Operating Community | Unconsolidated Joint Venture Other MetLife                  
Unconsolidated entities                  
Number of real estate properties | property 5   5            
Number of apartment homes | home 1,437   1,437            
Investment in unconsolidated entities $ 74,178   $ 74,178           $ 82,072
UDR's Ownership Interest 50.60%   50.60%           50.60%
Income/(loss) from investments $ (3,367) (2,312) $ (6,752) (4,124)          
Operating Community | Unconsolidated Joint Venture West Coast Development JV                  
Unconsolidated entities                  
Investment in unconsolidated entities $ 311   $ 311           $ 30,080
UDR's Ownership Interest 47.00%   47.00%           47.00%
Income/(loss) from investments   (56) $ 2,486 (136)          
Development Community | Preferred Equity Investment 1532 Harrison San Francisco, CA                  
Unconsolidated entities                  
Investment in unconsolidated entities $ 36,040   36,040           $ 34,135
UDR Commitment $ 24,645   $ 24,645            
Rate 11.00%   11.00%            
Years to Maturity     1 year            
Income/(loss) from investments $ 963 846 $ 1,892 1,682          
Development Community | Preferred Equity Investment 1641 Lincoln Santa Monica CA                  
Unconsolidated entities                  
Investment in unconsolidated entities 12,413   12,413           11,699
UDR Commitment $ 8,800   $ 8,800            
Rate 12.00%   12.00%            
Years to Maturity     1 year 1 month 6 days            
Income/(loss) from investments $ 364 323 $ 714 637          
Development Community | Preferred Equity Investment 1200 Broadway Nashville TN                  
Unconsolidated entities                  
Investment in unconsolidated entities 59,354   59,354           69,330
UDR Commitment $ 55,558   $ 55,558            
Rate 12.25%   12.25%            
Years to Maturity     1 year 2 months 12 days            
Income/(loss) from investments $ 1,727 1,306 $ 3,099 2,587          
Development Community | Preferred Equity Investment 1300 Fairmount Philadelphia, PA                  
Unconsolidated entities                  
Investment in unconsolidated entities 62,075   62,075           59,544
UDR Commitment $ 51,393   $ 51,393            
Rate 8.50%   8.50%            
Years to Maturity     2 years 1 month 6 days            
Income/(loss) from investments $ 1,275 1,191 $ 2,531 2,357          
Development Community | Preferred Equity Investment Essex Orlando, FL                  
Unconsolidated entities                  
Investment in unconsolidated entities 17,085   17,085           16,770
UDR Commitment $ 12,886   $ 12,886            
Rate 12.50%   12.50%            
Years to Maturity     2 years 1 month 6 days            
Income/(loss) from investments $ 543 481 $ 1,065 947          
Development Community | Preferred Equity Investment Modera Lake Merritt, Oakland                  
Unconsolidated entities                  
Investment in unconsolidated entities 32,334   32,334           30,928
UDR Commitment $ 27,250   $ 27,250            
Rate 9.00%   9.00%            
Years to Maturity     2 years 9 months 18 days            
Income/(loss) from investments $ 714 652 $ 1,405 1,226          
Development Community | Preferred Equity Investment Thousand Oaks, CA                  
Unconsolidated entities                  
Investment in unconsolidated entities 21,759   21,759           17,919
UDR Commitment $ 20,059   $ 20,059            
Rate 9.00%   9.00%            
Years to Maturity     3 years 7 months 6 days            
Income/(loss) from investments $ 481 153 $ 918 177          
Development Community | Preferred Equity Investment Queens, New York                  
Unconsolidated entities                  
Investment in unconsolidated entities 45,169   45,169           42,360
UDR Commitment $ 40,000   $ 40,000            
Rate 13.00%   13.00%            
Years to Maturity     4 years            
Income/(loss) from investments $ 1,431   $ 2,804            
Development Community | Preferred Equity Investment Herndon, Virginia                  
Unconsolidated entities                  
Investment in unconsolidated entities 9,176   9,176            
UDR Commitment $ 30,208   $ 30,208            
Rate 9.00%   9.00%            
Years to Maturity     4 years 6 months            
Income/(loss) from investments $ 171   $ 268            
Development Community | Preferred Equity Investment Allen, Texas                  
Unconsolidated entities                  
Investment in unconsolidated entities 2,179   2,179            
UDR Commitment $ 19,846   $ 19,846            
Rate 9.00%   9.00%            
Years to Maturity     4 years 8 months 12 days            
Income/(loss) from investments $ 226   $ 229            
Development Community | Preferred Equity Investment Infield Phase I                  
Unconsolidated entities                  
UDR Commitment $ 16,044   $ 16,044            
Rate 14.00%   14.00%            
Years to Maturity     2 years 10 months 24 days            
Development Community | Real estate technology investments RETV I                  
Unconsolidated entities                  
Investment in unconsolidated entities $ 28,696   $ 28,696           20,587
UDR Commitment 18,000   18,000            
Income/(loss) from investments 6,055 4,696 8,106 4,550          
Development Community | Real estate technology investments RETV II                  
Unconsolidated entities                  
Investment in unconsolidated entities 3,471   3,471           2,283
UDR Commitment 18,000   18,000            
Income/(loss) from investments 163   62            
Development Community | Preferred Equity Investments and Real Estate Technology Investments                  
Unconsolidated entities                  
Investment in unconsolidated entities 329,751   329,751           $ 305,555
Income/(loss) from investments $ 14,113 $ 9,648 $ 23,093 $ 14,163