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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
REVENUES:        
Rental income $ 263,256 $ 248,264 $ 770,373 $ 734,193
Total revenues 266,144 251,091 779,192 742,911
OPERATING EXPENSES:        
Property operating and maintenance 44,090 42,362 126,129 122,574
Real estate taxes and insurance 34,352 31,181 99,541 90,792
Property management 7,240 6,827 21,185 20,190
Other operating expenses 3,314 1,950 8,148 6,010
Real estate depreciation and amortization 107,881 107,171 322,537 320,653
General and administrative 11,896 12,467 36,028 36,976
Casualty-related charges/(recoveries), net 678 2,056 2,364 3,749
Other depreciation and amortization 1,682 1,585 5,057 4,760
Total operating expenses 211,133 205,599 620,989 605,704
Operating income 55,011 45,492 158,203 137,207
Income/(loss) from unconsolidated entities (1,382) 1,819 (5,091) 11,591
Interest expense (34,401) (30,095) (95,942) (94,500)
Interest income and other income/(expense), net 1,188 481 5,075 1,423
Income/(loss) before income taxes and gain/(loss) on sale of real estate owned 20,416 17,697 62,245 55,721
Tax (provision)/benefit, net (158) (127) (618) (825)
Income/(loss) from continuing operations 20,258 17,570 61,627 54,896
Gain/(loss) on sale of real estate owned, net of tax     70,300 2,132
Net income/(loss) 20,258 17,570 131,927 57,028
Net (income)/loss attributable to redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership (1,616) (1,415) (10,819) (4,607)
Net (income)/loss attributable to noncontrolling interests (32) 35 (141) (107)
Net income/(loss) attributable to UDR, Inc. 18,610 16,190 120,967 52,314
Distributions to preferred stockholders — Series E (Convertible) (971) (926) (2,897) (2,784)
Net income/(loss) attributable to common stockholders $ 17,639 $ 15,264 $ 118,070 $ 49,530
Common distributions declared per share $ 0.3225 $ 0.3100 $ 0.9675 $ 0.9300
Income/(loss) per weighted average common share - basic 0.07 0.06 0.44 0.19
Income/(loss) per weighted average common share - diluted $ 0.07 $ 0.06 $ 0.44 $ 0.18
Weighted average number of common shares outstanding — Basic 267,727 267,056 267,529 266,940
Weighted average number of common shares outstanding — diluted 268,861 269,062 269,020 268,851
Management and other fees        
REVENUES:        
Joint venture management and other fees $ 2,888 $ 2,827 $ 8,819 $ 8,718