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INCOME/(LOSS) PER SHARE (Tables)
12 Months Ended
Dec. 31, 2018
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):

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31, 

 

    

2018

    

2017

    

2016

Numerator for income/(loss) per share:

 

 

 

 

 

  

 

 

  

Net income/(loss) 

 

$

221,542

 

$

132,655

 

$

320,380

Net (income)/loss attributable to redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership

 

 

(18,215)

 

 

(10,933)

 

 

(27,282)

Net (income)/loss attributable to noncontrolling interests

 

 

(221)

 

 

(164)

 

 

(380)

Net income/(loss) attributable to UDR, Inc.

 

 

203,106

 

 

121,558

 

 

292,718

Distributions to preferred stockholders — Series E (Convertible)

 

 

(3,868)

 

 

(3,708)

 

 

(3,717)

Income/(loss) attributable to common stockholders - basic and diluted

 

$

199,238

 

$

117,850

 

$

289,001

 

 

 

 

 

 

 

 

 

 

Denominator for income/(loss) per share:

 

 

  

 

 

  

 

 

  

Weighted average common shares outstanding

 

 

268,513

 

 

267,567

 

 

266,211

Non-vested restricted stock awards

 

 

(334)

 

 

(543)

 

 

(825)

Denominator for basic income/(loss) per share

 

 

268,179

 

 

267,024

 

 

265,386

Incremental shares issuable from assumed conversion of stock options, unvested LTIP Units and unvested restricted stock

 

 

1,304

 

 

1,806

 

 

1,925

Denominator for diluted income/(loss) per share

 

 

269,483

 

 

268,830

 

 

267,311

 

 

 

 

 

 

 

 

 

 

Income/(loss) per weighted average common share:

 

 

  

 

 

  

 

 

  

Basic

 

$

0.74

 

$

0.44

 

$

1.09

Diluted

 

$

0.74

 

$

0.44

 

$

1.08

 

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 years ended December 31, 2018,  2017, and 2016 (shares in thousands):

 

 

 

 

 

 

 

Year Ended December 31, 

 

2018

 

2017

 

2016

OP/DownREIT Units

24,548

    

24,821

    

25,130

Convertible preferred stock

3,011

 

3,021

 

3,028

Stock options, unvested LTIP Units and unvested restricted stock

1,304

 

1,806

 

1,925