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CONSOLIDATED STATEMENTS OF OPERATIONS (UNITED DOMINION REALTY, L.P.) - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
REVENUES:      
Rental income $ 1,138,138 $ 1,035,105 $ 984,309
OPERATING EXPENSES:      
Property operating and maintenance 178,947 169,078 164,660
Real estate taxes and insurance 150,888 133,912 121,146
Property management 32,721 28,465 27,068
Other operating expenses 13,932 12,100 9,060
Real estate depreciation and amortization 501,257 429,006 430,054
General and administrative 51,533 46,983 48,566
Casualty-related charges/(recoveries), net 474 2,121 4,335
Total operating expenses 936,418 828,338 811,297
Gain/(loss) on sale of real estate owned 5,282 136,197 43,404
Operating income 221,057 354,718 227,898
Income/(loss) from unconsolidated entities 137,873 (5,055) 31,257
Interest expense (170,917) (134,168) (128,711)
Net income/(loss) 199,579 221,542 132,655
United Dominion Realty L.P.      
REVENUES:      
Rental income 441,773 431,920 419,377
OPERATING EXPENSES:      
Property operating and maintenance 67,710 67,400 67,493
Real estate taxes and insurance 51,057 47,140 45,043
Property management 12,701 11,878 11,533
Other operating expenses 9,488 8,864 6,833
Real estate depreciation and amortization 139,975 143,481 152,473
General and administrative 18,014 16,889 17,875
Casualty-related charges/(recoveries), net 853 951 1,922
Total operating expenses 299,798 296,603 303,172
Gain/(loss) on sale of real estate owned   75,507 41,272
Operating income 141,975 210,824 157,477
Income/(loss) from unconsolidated entities (8,313) 43,496 (19,256)
Interest expense (1,639) (8,733) (18,156)
Interest expense on notes payable due to the General Partner (28,028) (14,102) (12,210)
Net income/(loss) 103,995 231,485 107,855
Net (income)/loss attributable to noncontrolling interests (1,832) (1,722) (1,548)
Net income/(loss) attributable to OP unitholders $ 102,163 $ 229,763 $ 106,307
Income/(loss) per OP unit- basic and diluted:      
Net income/(loss) per weighted average OP Unit - basic and diluted $ 0.56 $ 1.25 $ 0.58
Weighted average OP Units outstanding - basic and diluted 184,034 183,609 183,344