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Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2014
Accounting Policies [Abstract]  
Notes receivable
Notes Receivable

The following table summarizes our notes receivable, net as of December 31, 2014 and 2013 (dollars in thousands):
 
Interest rate at December 31, 2014
 
Balance Outstanding
 
 
December 31, 2014
 
December 31, 2013
Note due June 2014 (a)


 
$

 
$
40,800

Note due February 2017 (b)
10.00
%
 
11,869

 
14,580

Note due July 2017 (c)
8.00
%
 
2,500

 
1,400

Note due June 2022 (net of discount of $0 and $247, respectively) (d)


 

 
26,253

Total notes receivable, net
 
 
$
14,369

 
$
83,033

Computation of basic and diluted earning 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):
 
Year Ended December 31,
 
2014
 
2013
 
2012
Numerator for income/(loss) per share:
 
 
 
 
 
Income/(loss) from continuing operations
$
16,260

 
$
2,340

 
$
(46,305
)
Gain/(loss) on sale of real estate owned, net of tax
143,572

 

 

(Income)/loss from continuing operations attributable to redeemable noncontrolling interests in the Operating Partnership
(5,511
)
 
48

 
2,089

(Income)/loss from continuing operations attributable to noncontrolling interests
3

 
60

 
(140
)
Income/(loss) from continuing operations attributable to UDR, Inc.
154,324

 
2,448

 
(44,356
)
Distributions to preferred stockholders - Series E (Convertible)
(3,724
)
 
(3,724
)
 
(3,724
)
Distributions to preferred stockholders - Series G

 

 
(2,286
)
Premium on preferred stock redemption or repurchases, net

 

 
(2,791
)
Income/(loss) from continuing operations attributable to common stockholders
$
150,600

 
$
(1,276
)
 
$
(53,157
)
 
 
 
 
 
 
Income/(loss) from discontinued operations, net of tax
$
10

 
$
43,942

 
$
266,608

(Income)/loss from discontinued operations attributable to redeemable noncontrolling interests in the Operating Partnership

 
(1,578
)
 
(10,075
)
Income/(loss) from discontinued operations attributable to common stockholders
$
10

 
$
42,364

 
$
256,533

 
 
 
 
 
 
Net income/(loss) attributable to common stockholders
$
150,610

 
$
41,088

 
$
203,376

 
 
 
 
 
 
Denominator for income/(loss) per share - basic and diluted:
 
 
 
 
 
Weighted average common shares outstanding
252,707

 
250,684

 
239,482

Non-vested restricted stock awards
(1,179
)
 
(715
)
 
(631
)
Denominator for income/(loss) per share - basic
251,528

 
249,969

 
238,851

Incremental shares issuable from assumed conversion of:
     Stock options and unvested resticted stock
1,917

 

 

Denominator for income/(loss) per share - diluted
253,445

 
249,969

 
238,851

 
 
 
 
 
 
Income/(loss) per weighted average common share - basic:
 
 
 
 
 
Income/(loss) from continuing operations attributable to common stockholders
$
0.60

 
$
(0.01
)
 
$
(0.22
)
Income/(loss) from discontinued operations attributable to common stockholders

 
0.17

 
1.07

Net income/(loss) attributable to common stockholders
$
0.60

 
$
0.16

 
$
0.85

 
 
 
 
 
 
Income/(loss) per weighted average common share - diluted:
 
 
 
 
 
Income/(loss) from continuing operations attributable to common stockholders
$
0.59

 
$
(0.01
)
 
$
(0.22
)
Income/(loss) from discontinued operations attributable to common stockholders

 
0.17

 
1.07

Net income/(loss) attributable to common stockholders
$
0.59

 
$
0.16

 
$
0.85