REPORTABLE SEGMENTS (Tables)

12 Months Ended

Dec. 31, 2018

REPORTABLE SEGMENTS

Summary of rental income and NOI for UDRs reportable segments and reconciliation of NOI to Net income/(loss)

The following table details rental income and NOI for UDR’s reportable segments for the years ended December 31, 2018,  2017, and 2016, and reconciles NOI to Net income/(loss) attributable to UDR, Inc.  on the Consolidated Statements of Operations (dollars in thousands):

	Year Ended December 31,
	2018		2017		2016
Reportable apartment home segment rental income
Same-Store Communities
West Region	$	399,314	$	383,009	$	353,321
Mid-Atlantic Region		220,450		214,157		208,223
Northeast Region		154,019		151,736		147,573
Southeast Region		122,234		116,467		111,318
Southwest Region		43,709		42,992		41,273
Non-Mature Communities/Other		95,379		75,948		86,753
Total segment and consolidated rental income	$	1,035,105	$	984,309	$	948,461
Reportable apartment home segment NOI
Same-Store Communities
West Region	$	301,098	$	286,662	$	264,475
Mid-Atlantic Region		153,670		150,126		144,508
Northeast Region		105,998		106,473		106,005
Southeast Region		85,220		80,726		76,359
Southwest Region		26,408		26,455		25,600
Non-Mature Communities/Other		59,721		48,061		56,138
Total segment and consolidated NOI		732,115		698,503		673,085
Reconciling items:
Joint venture management and other fees		11,754		11,482		11,400
Property management		(28,465)		(27,068)		(26,083)
Other operating expenses		(12,100)		(9,060)		(7,649)
Real estate depreciation and amortization		(429,006)		(430,054)		(419,615)
General and administrative		(46,983)		(48,566)		(49,761)
Casualty-related (charges)/recoveries, net		(2,121)		(4,335)		(732)
Other depreciation and amortization		(6,673)		(6,408)		(6,023)
Income/(loss) from unconsolidated entities		(5,055)		31,257		52,234
Interest expense		(134,168)		(128,711)		(123,031)
Interest income and other income/(expense), net		6,735		1,971		1,930
Gain/(loss) on sale of real estate owned		136,197		43,404		226,199
Tax (provision)/benefit, net		(688)		240		(11,574)
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

Details of assets of UDR's reportable segments

The following table details the assets of UDR’s reportable segments as of December 31, 2018 and 2017 (dollars in thousands):

	December 31,		December 31,
	2018		2017
Reportable apartment home segment assets:
Same-Store Communities:
West Region	$	3,666,169	$	3,630,164
Mid-Atlantic Region		2,317,369		2,290,241
Northeast Region		1,874,616		1,865,762
Southeast Region		779,310		762,102
Southwest Region		297,681		292,074
Non-Mature Communities/Other		1,261,014		1,336,863
Total segment assets		10,196,159		10,177,206
Accumulated depreciation		(3,654,160)		(3,330,166)
Total segment assets — net book value		6,541,999		6,847,040
Reconciling items:
Cash and cash equivalents		185,216		2,038
Restricted cash		23,675		19,792
Notes receivable, net		42,259		19,469
Investment in and advances to unconsolidated joint ventures, net		780,869		720,830
Other assets		137,710		124,104
Total consolidated assets	$	7,711,728	$	7,733,273