XML 53 R42.htm IDEA: XBRL DOCUMENT v3.21.2
JOINT VENTURES AND PARTNERSHIPS - Commitments (Details)
$ in Thousands
1 Months Ended 3 Months Ended 6 Months Ended
Apr. 28, 2021
USD ($)
Jan. 31, 2021
USD ($)
home
community
Jun. 30, 2021
USD ($)
Jun. 30, 2020
USD ($)
Jun. 30, 2021
USD ($)
Jun. 30, 2020
USD ($)
Feb. 28, 2022
Mar. 31, 2021
USD ($)
home
Dec. 31, 2020
USD ($)
Joint Ventures                  
Investment in unconsolidated entities     $ 613,903   $ 613,903       $ 595,486
Balance payments made $ 12,500                
Gain/(loss) on sale of real estate owned       $ 61,303 50,829 $ 61,303      
Deferred fees from the sale of properties     9,100   9,100       8,400
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      
Preferred Equity Investment Herndon, Virginia                  
Joint Ventures                  
Investment in unconsolidated entities   $ 30,200              
Preferred return (as a percent)   9.00%              
Joint venture, number of homes in communities | home   356              
Preferred Equity Investment Allen, Texas                  
Joint Ventures                  
Investment in unconsolidated entities               $ 19,800  
Number of apartment homes | home               469  
Preferred return (as a percent)               9.00%  
Preferred Equity Investment Los Angeles, California                  
Joint Ventures                  
Number of apartment homes | community   293              
Proceeds from sale of real estate   $ 121,000              
Gain/(loss) on sale of real estate owned   $ 2,500              
Preferred Equity Investment 1200 Broadway Nashville TN                  
Joint Ventures                  
Preferred return (as a percent) 12.25%                
Preferred Equity Investment 1200 Broadway Nashville TN | Forecast                  
Joint Ventures                  
Preferred return (as a percent)             8.00%    
Accounts Payable, Accrued Expenses and Other Liabilities | 13th and Market Properties LLC                  
Joint Ventures                  
Investment in unconsolidated entities     $ (5,300)   $ (5,300)       $ (4,700)