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INCOME/(LOSS) PER SHARE (Tables) | 3 Months Ended
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Mar. 31, 2026
INCOME/(LOSS) PER SHARE |
Computation of basic and diluted income/(loss) per share | The following table sets forth the computation of basic and diluted income/(loss) per share for the periods presented (dollars and shares in thousands, except per share data):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended | ​
​ | ​ | March 31, | ​
​ | ​ ​ ​ | 2026 | ​ ​ ​ | 2025 | ​
Numerator for income/(loss) per share: | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net income/(loss) | ​ | $ | 202,904 | ​ | $ | 82,071 | ​
Net (income)/loss attributable to redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership | ​ |  | (13,061) | ​ |  | (5,339) | ​
Net (income)/loss attributable to noncontrolling interests | ​ |  | (12) | ​ |  | (12) | ​
Net income/(loss) attributable to UDR, Inc. | ​ |  | 189,831 | ​ |  | 76,720 | ​
Distributions to preferred stockholders — Series E (Convertible) | ​ |  | (1,220) | ​ |  | (1,206) | ​
Income/(loss) attributable to common stockholders - basic and diluted | ​ | ​ | 188,611 | ​ | ​ | 75,514 | ​
Dilutive distributions to preferred stockholders - Series E (Convertible) | ​ |  | 1,220 | ​ |  | — | ​
Income/(loss) attributable to common stockholders - diluted | ​ | $ | 189,831 | ​ | $ | 75,514 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Denominator for income/(loss) per share: | ​ |  | ​ | ​ |  | ​ | ​
Weighted average common shares outstanding | ​ |  | 327,974 | ​ |  | 331,138 | ​
Unvested restricted stock awards | ​ |  | (673) | ​ |  | (510) | ​
Denominator for basic income/(loss) per share | ​ |  | 327,301 | ​ |  | 330,628 | ​
Incremental shares issuable from assumed conversion of unvested LTIP Units, performance units, stock options and unvested restricted stock | ​ |  | 2,993 | ​ |  | 1,089 | ​
Denominator for diluted income/(loss) per share | ​ |  | 330,294 | ​ |  | 331,717 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Income/(loss) per weighted average common share: | ​ |  | ​ | ​ |  | ​ | ​
Basic | ​ | $ | 0.58 | ​ | $ | 0.23 | ​
Diluted | ​ | $ | 0.57 | ​ | $ | 0.23 | ​
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share | The following table sets forth the additional shares of common stock outstanding, by equity instrument, if converted to common stock for each of the three months ended March 31, 2026 and 2025 (in thousands):
​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended | ​
​ | ​ | March 31, | ​
​ | ​ | 2026 | ​ | 2025 | ​
OP/DownREIT Units | ​ ​ ​ | 22,711 | ​ ​ ​ | 22,899 | ​ ​ ​
Convertible preferred stock |  | 2,816 |  | 2,816 |
Unvested LTIP Units, performance units, stock options, and unvested restricted stock |  | 177 |  | 1,089 |
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- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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