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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 Interests | 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. |  |  |  | 94,629 |  |  | 94,629
Other comprehensive income/(loss) |  |  |  |  | (308) |  | (308)
Issuance/(forfeiture) of common and restricted shares, net |  | 1 | 4,343 |  |  |  | 4,344
Issuance of common shares through public offering, net |  |  | (456) |  |  |  | (456)
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 |  | 7 | 28,385 |  |  |  | 28,392
Contribution of noncontrolling interests in consolidated real estate |  |  |  |  |  | 125 | 125
Common stock distributions declared |  |  |  | (420,296) |  |  | (420,296)
Preferred stock distributions declared-Series E |  |  |  | (3,638) |  |  | (3,638)
Adjustment to reflect redemption value of redeemable noncontrolling interests |  |  |  | (180,086) |  |  | (180,086)
Ending Balance at Sep. 30, 2024 | 43,193 | 3,299 | 7,526,910 | (4,064,283) | 4,606 | 335 | 3,514,060
Beginning Balance at Jun. 30, 2024 | 43,193 | 3,295 | 7,508,794 | (3,840,808) | 7,910 | 335 | 3,722,719
Consolidated Statements of Changes in Equity |  |  |  |  |  |  |
Net income/(loss) attributable to UDR, Inc. |  |  |  | 22,597 |  |  | 22,597
Other comprehensive income/(loss) |  |  |  |  | (3,304) |  | (3,304)
Issuance/(forfeiture) of common and restricted shares, net |  |  | 2,242 |  |  |  | 2,242
Issuance of common shares through public offering, net |  |  | (38) |  |  |  | (38)
Adjustment for conversion of noncontrolling interest of unitholders in the Operating Partnership and DownREIT Partnership |  | 4 | 15,912 |  |  |  | 15,916
Common stock distributions declared |  |  |  | (140,219) |  |  | (140,219)
Preferred stock distributions declared-Series E |  |  |  | (1,197) |  |  | (1,197)
Adjustment to reflect redemption value of redeemable noncontrolling interests |  |  |  | (104,656) |  |  | (104,656)
Ending Balance at Sep. 30, 2024 | 43,193 | 3,299 | 7,526,910 | (4,064,283) | 4,606 | 335 | 3,514,060
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. |  |  |  | 154,802 |  |  | 154,802
Other comprehensive income/(loss) |  |  |  |  | (1,706) |  | (1,706)
Issuance/(forfeiture) of common and restricted shares, net |  | 2 | 7,092 |  |  |  | 7,094
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 |  | 3 | 11,402 |  |  |  | 11,405
Common stock distributions declared |  |  |  | (427,247) |  |  | (427,247)
Repurchase of common shares |  | (6) | (24,993) |  |  |  | (24,999)
Preferred stock distributions declared-Series E |  |  |  | (3,628) |  |  | (3,628)
Adjustment to reflect redemption value of redeemable noncontrolling interests |  |  |  | 116,503 |  |  | 116,503
Ending Balance at Sep. 30, 2025 | 43,193 | 3,308 | 7,565,518 | (4,338,985) | 1,932 | 335 | 3,275,301
Beginning Balance at Jun. 30, 2025 | 43,193 | 3,313 | 7,582,852 | (4,305,702) | 1,160 | 335 | 3,325,151
Consolidated Statements of Changes in Equity |  |  |  |  |  |  |
Net income/(loss) attributable to UDR, Inc. |  |  |  | 40,409 |  |  | 40,409
Other comprehensive income/(loss) |  |  |  |  | 772 |  | 772
Issuance/(forfeiture) of common and restricted shares, net |  |  | 3,188 |  |  |  | 3,188
Adjustment for conversion of noncontrolling interest of unitholders in the Operating Partnership and DownREIT Partnership |  | 1 | 4,471 |  |  |  | 4,472
Common stock distributions declared |  |  |  | (142,233) |  |  | (142,233)
Repurchase of common shares |  | (6) | (24,993) |  |  |  | (24,999)
Preferred stock distributions declared-Series E |  |  |  | (1,211) |  |  | (1,211)
Adjustment to reflect redemption value of redeemable noncontrolling interests |  |  |  | 69,752 |  |  | 69,752
Ending Balance at Sep. 30, 2025 | $ 43,193 | $ 3,308 | $ 7,565,518 | $ (4,338,985) | $ 1,932 | $ 335 | $ 3,275,301

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