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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
REVENUES:        
Rental income $ 429,294 $ 418,088 $ 1,272,131 $ 1,243,085
Joint venture management and other fees $ 2,570 $ 2,072 $ 7,080 $ 6,029
Type of revenue udr:ManagementAndOtherFeesMember udr:ManagementAndOtherFeesMember udr:ManagementAndOtherFeesMember udr:ManagementAndOtherFeesMember
Total revenues $ 431,864 $ 420,160 $ 1,279,211 $ 1,249,114
OPERATING EXPENSES:        
Property operating and maintenance 79,373 76,484 230,976 220,405
Real estate taxes and insurance 57,786 57,182 173,539 174,861
Property management 13,952 13,588 41,344 40,400
Other operating expenses 6,975 6,382 22,787 20,803
Real estate depreciation and amortization 165,926 170,276 490,511 510,622
General and administrative 22,732 20,890 62,156 58,836
Casualty-related charges/(recoveries), net 1,755 1,473 8,434 8,749
Other depreciation and amortization 7,009 4,029 21,463 13,024
Total operating expenses 355,508 350,304 1,051,210 1,047,700
Gain/(loss) on sale of real estate owned     47,939 16,867
Operating income 76,356 69,856 275,940 218,281
Income/(loss) from unconsolidated entities 14,011 (1,880) 23,454 11,251
Interest expense (50,569) (50,214) (146,935) (146,087)
Interest income and other income/(expense), net 3,714 6,159 13,769 18,522
Income/(loss) before income taxes 43,512 23,921 166,228 101,967
Tax (provision)/benefit, net (382) 156 (798) (567)
Net income/(loss) 43,130 24,077 165,430 101,400
Net (income)/loss attributable to redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership (2,709) (1,574) (10,593) (6,736)
Net (income)/loss attributable to noncontrolling interests (12) 94 (35) (35)
Net income/(loss) attributable to UDR, Inc. 40,409 22,597 154,802 94,629
Distributions to preferred stockholders - Series E (Convertible) (1,211) (1,197) (3,628) (3,638)
Net income/(loss) attributable to common stockholders $ 39,198 $ 21,400 $ 151,174 $ 90,991
Income/(loss) per weighted average common share - basic $ 0.12 $ 0.06 $ 0.46 $ 0.28
Income/(loss) per weighted average common share - diluted $ 0.12 $ 0.06 $ 0.46 $ 0.28
Weighted average number of common shares outstanding - basic 330,668 329,421 330,692 329,101
Weighted average number of common shares outstanding - diluted 331,241 330,557 331,443 329,755