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Reportable Segment (Tables)
6 Months Ended
Jun. 30, 2013
Segment Reporting [Abstract]  
Summary of rental income and NOI for UDRs reportable segments and reconciliation of NOI to loss from continuing operations
The following table details rental income and NOI from continuing and discontinued operations for UDR’s reportable segments for the three and six months ended June 30, 2013 and 2012, and reconciles NOI to net income/(loss) attributable to UDR, Inc. per the Consolidated Statements of Operations (dollars in thousands):
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2013
 
2012
 
2013
 
2012
Reportable apartment home segment rental income
 
 
 
 
 
 
 
Same Store Communities
 
 
 
 
 
 
 
West Region
$
61,047

 
$
57,852

 
$
120,303

 
$
114,140

Mid-Atlantic Region
41,600

 
40,436

 
82,950

 
80,162

Northeast Region
14,564

 
13,450

 
28,663

 
26,593

Southeast Region
28,934

 
27,364

 
57,478

 
54,376

Southwest Region
11,162

 
10,472

 
22,168

 
20,639

Non-Mature Communities/Other
31,306

 
41,116

 
61,352

 
84,123

Total segment and consolidated rental income
$
188,613

 
$
190,690

 
$
372,914

 
$
380,033

Reportable apartment home segment NOI
 
 
 
 
 
 
 
Same Store Communities
 
 
 
 
 
 
 
West Region
$
43,448

 
$
40,435

 
$
85,311

 
$
79,663

Mid-Atlantic Region
29,049

 
28,063

 
57,811

 
55,629

Northeast Region
10,699

 
9,725

 
20,770

 
19,026

Southeast Region
18,812

 
17,764

 
37,516

 
35,356

Southwest Region
6,966

 
6,019

 
13,667

 
12,190

Non-Mature Communities/Other
19,679

 
26,905

 
38,894

 
55,161

Total segment and consolidated NOI
128,653

 
128,911

 
253,969

 
257,025

Reconciling items:
 
 
 
 
 
 
 
Joint venture management and other fees
3,217

 
2,717

 
6,140

 
5,706

Property management
(5,187
)
 
(5,244
)
 
(10,255
)
 
(10,451
)
Other operating expenses
(1,807
)
 
(1,434
)
 
(3,450
)
 
(2,817
)
Real estate depreciation and amortization
(85,131
)
 
(84,474
)
 
(168,573
)
 
(178,721
)
General and administrative
(9,866
)
 
(13,738
)
 
(19,342
)
 
(23,117
)
Hurricane-related recoveries/(charges), net
2,772

 
—

 
5,793

 
—

Other depreciation and amortization
(1,138
)
 
(1,017
)
 
(2,284
)
 
(1,935
)
Income/(loss) from unconsolidated entities
515

 
(2,412
)
 
(2,287
)
 
(5,103
)
Interest expense
(30,803
)
 
(41,542
)
 
(61,784
)
 
(76,287
)
Interest and other income/(expense), net
1,446

 
(285
)
 
2,462

 
409

Tax benefit, net
2,683

 
2,818

 
4,656

 
25,694

Net income attributable to redeemable noncontrolling interests in OP
(159
)
 
(5,911
)
 
(114
)
 
(9,331
)
Net income attributable to noncontrolling interests
(3
)
 
(43
)
 
(7
)
 
(95
)
Net gain on sale of depreciable property, net of tax
—

 
172,006

 
—

 
252,531

Net income attributable to UDR, Inc.
$
5,192

 
$
150,352

 
$
4,924

 
$
233,508

Details of assets of UDR's reportable segments
The following table details the assets of UDR’s reportable segments as of June 30, 2013 and December 31, 2012 (dollars in thousands):
 
June 30,
2013
 
December 31,
2012
Reportable apartment home segment assets:
 
 
 
Same Store Communities:
 
 
 
West Region
$
2,412,380

 
$
2,422,987

Mid-Atlantic Region
1,424,669

 
1,419,873

Northeast Region
730,427

 
723,437

Southeast Region
880,537

 
887,482

Southwest Region
387,275

 
385,377

Non-Mature Communities/Other
2,181,400

 
2,216,672

Total segment assets
8,016,688

 
8,055,828

Accumulated depreciation
(2,071,649
)
 
(1,924,682
)
Total segment assets — net book value
5,945,039

 
6,131,146

Reconciling items:
 
 
 
Cash and cash equivalents
9,035

 
12,115

Restricted cash
24,843

 
23,561

Deferred financing costs, net
27,043

 
24,990

Notes receivable, net
66,700

 
64,006

Investment in and advances to unconsolidated joint ventures, net
533,335

 
477,631

Other assets
137,548

 
125,654

Total consolidated assets
$
6,743,543

 
$
6,859,103