2.4.0.8108 - Disclosure - Registration Statementtruefalsefalse1falsefalsefalseP01_01_2013To06_30_2013http://www.sec.gov/CIK0001335732duration2013-01-01T00:00:002013-06-30T00:00:001true1udf_RegistrationStatementAbstractudf_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsexbrli:stringItemTypestringfalse02false2udf_RegistrationStatementTextBlockudf_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalseverboseLabel1falsefalsefalse00 <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <b>C. Registration Statement</b></div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt">  </div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">On May 15, 2006, the Offering pursuant to a Registration Statement on Form S-11 (File No. 333-127891) was declared effective under the Securities Act of 1933, as amended. The Offering, at the time of such effectiveness, covered up to <font style=" FONT-SIZE: 10pt">12,500,000</font> units of limited partnership interest at a price of $<font style=" FONT-SIZE: 10pt">20.00</font> per unit (the “Primary Offering”) and up to <font style=" FONT-SIZE: 10pt"> 5,000,000</font> units of limited partnership interest to be issued pursuant to our distribution reinvestment plan (the “DRIP”) at a price of $<font style=" FONT-SIZE: 10pt"><font style=" FONT-SIZE: 10pt">20.00</font></font> per unit. We had the right to reallocate the units of limited partnership interest we were offering between the Primary Offering and our DRIP, and pursuant to Supplement No. 8 to our prospectus regarding the Offering, which was filed with the Securities and Exchange Commission on September 4, 2008, we reallocated the units being offered such that <font style=" FONT-SIZE: 10pt">16,250,000</font> units were offered pursuant to the Primary Offering and <font style=" FONT-SIZE: 10pt">1,250,000</font> units were offered pursuant to the DRIP. Pursuant to Supplement No. 11 to our prospectus regarding the Offering, which was filed with the Securities and Exchange Commission on March 6, 2009, we further reallocated the units being offered such that <font style=" FONT-SIZE: 10pt">16,500,000</font> units were offered pursuant to the Primary Offering and <font style=" FONT-SIZE: 10pt">1,000,000</font> units were offered pursuant to the DRIP. The Primary Offering <font style="COLOR: black">was terminated on April 23, 2009. We extended the offering of our units of limited partnership interest pursuant to our DRIP until the earlier of the sale of all units of limited partnership interest being offered pursuant to our DRIP or May 15, 2010; provided, however, that our general partner was permitted to terminate the offering of units pursuant to our DRIP at any earlier time.</font></div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt">  </div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">On June 12, 2009, we registered <font style=" FONT-SIZE: 10pt">5,000,000</font> additional units to be offered pursuant to an Amended and Restated Distribution Reinvestment Plan in a Registration Statement on Form S-3 (File No. 333-159939) (“Secondary DRIP”). As such, we ceased offering units under the DRIP as of July 21, 2009 and concurrently commenced our offering of units pursuant to the Secondary DRIP, which is currently ongoing. </div> </div> falsefalsefalsenonnum:textBlockItemTypenaDescription containing the number of units sold in public offering and the price per unit sold.No definition available.false0falseRegistration StatementUnKnownUnKnownUnKnownUnKnowntruefalsefalseSheethttp://www.udf.com/role/RegistrationStatement12