XML 68 R57.htm IDEA: XBRL DOCUMENT v3.25.2
INCOME/(LOSS) PER SHARE (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Sep. 30, 2024
Jun. 30, 2024
Dec. 31, 2024
Jul. 31, 2021
Antidilutive securities              
Net income/(loss) $ 40,229 $ 31,013 $ 122,300   $ 77,323    
Net (income)/loss attributable to redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership (2,545) (2,013) (7,884)   (5,162)    
Net (income)/loss attributable to noncontrolling interests (11) (117) (23)   (129)    
Net income/(loss) attributable to UDR, Inc. 37,673 28,883 114,393   72,032    
Distributions to preferred stockholders - Series E (Convertible) (1,211) (1,210) (2,417)   (2,441)    
Net income/(loss) attributable to common stockholders 36,462 27,673 111,976   $ 69,591    
Income/(loss) attributable to common stockholders - diluted $ 36,462 $ 27,673 $ 111,976 $ 69,591      
Denominator for income/(loss) per share:              
Weighted average common shares outstanding 331,284,000 329,428,000 331,211,000   329,336,000    
Unvested restricted stock awards (506,000) (372,000) (508,000)   (396,000)    
Denominator for basic income/(loss) per share 330,778,000 329,056,000 330,703,000   328,940,000    
Incremental shares issuable from assumed conversion of unvested LTIP Units, performance units, stock options and unvested restricted stock 937,000 516,000 1,014,000   394,000    
Denominator for diluted income/(loss) per share 331,715,000 329,572,000 331,717,000   329,334,000    
Income/(loss) per weighted average common share - basic $ 0.11 $ 0.08 $ 0.34   $ 0.21    
Income/(loss) per weighted average common share - diluted $ 0.11 $ 0.08 $ 0.34   $ 0.21    
Number of shares authorized 450,000,000   450,000,000     450,000,000  
OP Units              
Denominator for income/(loss) per share:              
Antidilutive securities 22,839,000 24,324,000 22,869,000   24,371,000    
Preferred Stock              
Denominator for income/(loss) per share:              
Antidilutive securities 2,816,000 2,851,000 2,816,000   2,879,000    
Unvested LTIP Units, performance units, stock options, and unvested restricted stock              
Denominator for income/(loss) per share:              
Antidilutive securities 937,000 516,000 1,014,000   394,000    
ATM              
Denominator for income/(loss) per share:              
Number of shares authorized             20,000,000
Shares of common stock available for future issuance 14,000,000   14,000,000