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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($) $ in Thousands | Preferred Stock | Common Stock | Paid - in Capital | Distributions in Excess of Net Income | Accumulated Other Comprehensive Income/(Loss) | Noncontrolling Interest | Total
--- | --- | --- | --- | --- | --- | --- | ---
Beginning Balance at Dec. 31, 2023 | $ 44,615 | $ 3,290 | $ 7,493,217 | $ (3,554,892) | $ 4,914 | $ 210 | $ 3,991,354
Consolidated Statements of Changes in Equity |  |  |  |  |  |  |
Net income/(loss) attributable to UDR, Inc. |  |  |  | 72,032 |  |  | 72,032
Other comprehensive income/(loss) |  |  |  |  | 2,996 |  | 2,996
Issuance/(forfeiture) of common and restricted shares, net |  | 1 | 2,101 |  |  |  | 2,102
Issuance of common shares through public offering, net |  |  | (418) |  |  |  | (418)
Conversion of Series E Cumulative Convertible shares | (1,422) | 1 | 1,421 |  |  |  |
Adjustment for conversion of noncontrolling interest of unitholders in the Operating Partnership and DownREIT Partnership |  | 3 | 12,473 |  |  |  | 12,476
Contribution of noncontrolling interests in consolidated real estate |  |  |  |  |  | 125 | 125
Common stock distributions declared |  |  |  | (280,077) |  |  | (280,077)
Preferred stock distributions declared-Series E |  |  |  | (2,441) |  |  | (2,441)
Adjustment to reflect redemption value of redeemable noncontrolling interests |  |  |  | (75,430) |  |  | (75,430)
Ending Balance at Jun. 30, 2024 | 43,193 | 3,295 | 7,508,794 | (3,840,808) | 7,910 | 335 | 3,722,719
Beginning Balance at Mar. 31, 2024 | 44,615 | 3,293 | 7,500,170 | (3,638,370) | 9,235 | 335 | 3,919,278
Consolidated Statements of Changes in Equity |  |  |  |  |  |  |
Net income/(loss) attributable to UDR, Inc. |  |  |  | 28,883 |  |  | 28,883
Other comprehensive income/(loss) |  |  |  |  | (1,325) |  | (1,325)
Issuance/(forfeiture) of common and restricted shares, net |  |  | 2,016 |  |  |  | 2,016
Conversion of Series E Cumulative Convertible shares | (1,422) | 1 | 1,421 |  |  |  |
Adjustment for conversion of noncontrolling interest of unitholders in the Operating Partnership and DownREIT Partnership |  | 1 | 5,187 |  |  |  | 5,188
Common stock distributions declared |  |  |  | (140,052) |  |  | (140,052)
Preferred stock distributions declared-Series E |  |  |  | (1,210) |  |  | (1,210)
Adjustment to reflect redemption value of redeemable noncontrolling interests |  |  |  | (90,059) |  |  | (90,059)
Ending Balance at Jun. 30, 2024 | 43,193 | 3,295 | 7,508,794 | (3,840,808) | 7,910 | 335 | 3,722,719
Beginning Balance at Dec. 31, 2024 | 43,193 | 3,309 | 7,572,480 | (4,179,415) | 3,638 | 335 | 3,443,540
Consolidated Statements of Changes in Equity |  |  |  |  |  |  |
Net income/(loss) attributable to UDR, Inc. |  |  |  | 114,393 |  |  | 114,393
Other comprehensive income/(loss) |  |  |  |  | (2,478) |  | (2,478)
Issuance/(forfeiture) of common and restricted shares, net |  | 2 | 3,904 |  |  |  | 3,906
Issuance of common shares through public offering, net |  |  | (463) |  |  |  | (463)
Adjustment for conversion of noncontrolling interest of unitholders in the Operating Partnership and DownREIT Partnership |  | 2 | 6,931 |  |  |  | 6,933
Common stock distributions declared |  |  |  | (285,014) |  |  | (285,014)
Preferred stock distributions declared-Series E |  |  |  | (2,417) |  |  | (2,417)
Adjustment to reflect redemption value of redeemable noncontrolling interests |  |  |  | 46,751 |  |  | 46,751
Ending Balance at Jun. 30, 2025 | 43,193 | 3,313 | 7,582,852 | (4,305,702) | 1,160 | 335 | 3,325,151
Beginning Balance at Mar. 31, 2025 | 43,193 | 3,312 | 7,575,098 | (4,293,032) | 2,473 | 335 | 3,331,379
Consolidated Statements of Changes in Equity |  |  |  |  |  |  |
Net income/(loss) attributable to UDR, Inc. |  |  |  | 37,673 |  |  | 37,673
Other comprehensive income/(loss) |  |  |  |  | (1,313) |  | (1,313)
Issuance/(forfeiture) of common and restricted shares, net |  |  | 3,050 |  |  |  | 3,050
Issuance of common shares through public offering, net |  |  | (9) |  |  |  | (9)
Adjustment for conversion of noncontrolling interest of unitholders in the Operating Partnership and DownREIT Partnership |  | 1 | 4,713 |  |  |  | 4,714
Common stock distributions declared |  |  |  | (142,495) |  |  | (142,495)
Preferred stock distributions declared-Series E |  |  |  | (1,211) |  |  | (1,211)
Adjustment to reflect redemption value of redeemable noncontrolling interests |  |  |  | 93,363 |  |  | 93,363
Ending Balance at Jun. 30, 2025 | $ 43,193 | $ 3,313 | $ 7,582,852 | $ (4,305,702) | $ 1,160 | $ 335 | $ 3,325,151

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