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CONSOLIDATED STATEMENTS OF OPERATIONS (UNITED DOMINION REALTY, L.P.) - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
REVENUES:      
Rental income $ 1,035,105 $ 984,309 $ 948,461
OPERATING EXPENSES:      
Property operating and maintenance 169,078 164,660 159,947
Real estate taxes and insurance 133,912 121,146 115,429
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
Total operating expenses 828,338 811,297 785,239
Gain/(loss) on sale of real estate owned 136,197 43,404 226,199
Operating income 354,718 227,898 400,821
Income/(loss) from unconsolidated entities (5,055) 31,257 52,234
Interest expense (134,168) (128,711) (123,031)
Net income/(loss) 221,542 132,655 320,380
United Dominion Reality L.P.      
REVENUES:      
Rental income 431,920 419,377 404,415
OPERATING EXPENSES:      
Property operating and maintenance 67,400 67,493 65,562
Real estate taxes and insurance 47,140 45,043 41,732
Property management 11,878 11,533 11,122
Other operating expenses 8,864 6,833 6,059
Real estate depreciation and amortization 143,481 152,473 147,074
General and administrative 16,889 17,875 18,808
Casualty-related charges/(recoveries), net 951 1,922 484
Total operating expenses 296,603 303,172 290,841
Gain/(loss) on sale of real estate owned 75,507 41,272 33,180
Operating income 210,824 157,477 146,754
Income/(loss) from unconsolidated entities 43,496 (19,256) (37,425)
Interest expense (8,733) (18,156) (17,855)
Interest expense on notes payable due to the General Partner (14,102) (12,210) (12,212)
Net income/(loss) 231,485 107,855 79,262
Net (income)/loss attributable to noncontrolling interests (1,722) (1,548) (1,444)
Net income/(loss) attributable to OP unitholders $ 229,763 $ 106,307 $ 77,818
Income/(loss) per OP unit- basic and diluted:      
Net income/(loss) per weighted average OP Unit - basic and diluted $ 1.25 $ 0.58 $ 0.42
Weighted average OP Units outstanding - basic and diluted 183,609 183,344 183,279