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JOINT VENTURES AND PARTNERSHIPS - Summary (Details)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
USD ($)
home
community
property
Jun. 30, 2019
USD ($)
Jun. 30, 2020
USD ($)
home
community
property
Jun. 30, 2019
USD ($)
Jul. 29, 2020
USD ($)
home
Feb. 29, 2020
USD ($)
home
Jan. 31, 2020
home
Dec. 31, 2019
USD ($)
Unconsolidated entities                
Investment in unconsolidated entities $ 594,275   $ 594,275         $ 585,490
Number of real estate properties | community 148   148          
Financial information relating to unconsolidated joint ventures operations                
Operating income/(loss) $ 8,021 $ 6,625 $ 11,388 $ 6,674        
Unconsolidated Joint Ventures                
Combined summary of balance sheets relating to unconsolidated joint ventures                
Total real estate, net 1,922,313   1,922,313         1,901,081
Cash and cash equivalents 30,656   30,656         29,823
Other assets 216,356   216,356         172,941
Total assets 2,169,325   2,169,325         2,103,845
Third party debt, net 1,156,834   1,156,834         1,148,048
Accounts payable and accrued liabilities 46,057   46,057         55,114
Total liabilities 1,202,891   1,202,891         1,203,162
Total equity 966,434   966,434         $ 900,683
Financial information relating to unconsolidated joint ventures operations                
Total revenues 37,312 76,926 78,626 158,458        
Property operating expenses 14,468 29,256 29,765 59,568        
Real estate depreciation and amortization 16,913 28,054 33,156 57,634        
Operating income/(loss) 5,931 19,616 15,705 41,256        
Interest expense (10,149) (21,606) (20,496) (43,530)        
Gain (loss) on sale of property   18,357   18,357        
Net unrealized gain/(loss) on held investments 29,312   29,312          
Other income/(loss) 117 9 109 1,634        
Net income /(loss) 25,211 16,376 24,630 17,717        
Preferred Equity Investment Hillsboro Oregon                
Unconsolidated entities                
Number of apartment homes | home             276  
UDR's Ownership Interest             100.00% 49.00%
Preferred Equity Investment Thousand Oaks                
Unconsolidated entities                
Number of apartment homes | home           142    
Rate           9.00%    
Preferred Equity Investment Thousand Oaks | Maximum                
Unconsolidated entities                
UDR commitment           $ 20,100    
Preferred Equity Investment Queens, New York                
Unconsolidated entities                
Number of apartment homes | home         534      
UDR commitment         $ 40,000      
Rate         13.00%      
Operating Community                
Unconsolidated entities                
Investment in unconsolidated entities 302,588   302,588         $ 313,053
Income from investments $ (3,016) 2,052 $ (5,453) (1,835)        
Operating Community | Unconsolidated Joint Venture UDR Met Life I Partnership                
Unconsolidated entities                
Number of apartment homes | home 150   150          
Investment in unconsolidated entities $ 27,927   $ 27,927         $ 28,812
UDR's Ownership Interest 50.00%   50.00%         50.00%
Number of real estate properties | property 1   1          
Income from investments $ (658) (548) $ (1,112) (1,124)        
Operating Community | Unconsolidated Joint Venture UDR MetLife II Partnership                
Unconsolidated entities                
Number of apartment homes | home 1,250   1,250          
Investment in unconsolidated entities $ 149,971   $ 149,971         $ 150,893
UDR's Ownership Interest 50.00%   50.00%         50.00%
Number of real estate properties | property 7   7          
Income from investments $ 10 776 $ (81) 1,210        
Operating Community | Unconsolidated Joint Venture Other MetLife                
Unconsolidated entities                
Number of apartment homes | home 1,437   1,437          
Investment in unconsolidated entities $ 90,262   $ 90,262         $ 98,441
UDR's Ownership Interest 50.60%   50.60%         50.60%
Number of real estate properties | property 5   5          
Income from investments $ (2,312) (1,684) $ (4,124) (3,461)        
Operating Community | Unconsolidated Joint Venture West Coast Development JV                
Unconsolidated entities                
Number of apartment homes | home 293   293          
Investment in unconsolidated entities $ 34,428   $ 34,428         $ 34,907
UDR's Ownership Interest 47.00%   47.00%         47.00%
Number of real estate properties | property 1   1          
Income from investments $ (56) (359) $ (136) (507)        
Operating Community | Sold Joint Ventures                
Unconsolidated entities                
Income from investments   3,867   2,047        
Development Community | Preferred Equity Investment Hillsboro Oregon                
Unconsolidated entities                
Investment in unconsolidated entities               $ 17,064
Rate 6.50%   6.50%          
Income from investments   (10) $ (46) (171)        
Development Community | Preferred Equity Investment 1532 Harrison San Francisco, CA                
Unconsolidated entities                
Investment in unconsolidated entities $ 32,282   32,282         30,585
UDR commitment $ 24,645   $ 24,645          
Rate 11.00%   11.00%          
Years to Maturity     2 years          
Income from investments $ 846 774 $ 1,682 1,522        
Participating Loan Years to Maturity     2 years          
Development Community | Preferred Equity Investment 1200 Broadway Nashville TN                
Unconsolidated entities                
Investment in unconsolidated entities 66,575   $ 66,575         63,958
UDR commitment $ 55,558   $ 55,558          
Rate 8.00%   8.00%          
Years to Maturity     2 years 3 months 18 days          
Income from investments $ 1,306 1,206 $ 2,587 2,375        
Participating Loan Years to Maturity     2 years 3 months 18 days          
Development Community | Preferred Equity Investment 1641 Lincoln Santa Monica CA                
Unconsolidated entities                
Investment in unconsolidated entities 11,016   $ 11,016         10,379
UDR commitment $ 8,800   $ 8,800          
Rate 12.00%   12.00%          
Years to Maturity     2 years 1 month 6 days          
Income from investments $ 323 287 $ 637 562        
Participating Loan Years to Maturity     2 years 1 month 6 days          
Development Community | Preferred Equity Investment 1300 Fairmount Philadelphia, PA                
Unconsolidated entities                
Investment in unconsolidated entities 57,031   $ 57,031         51,215
UDR commitment 51,393   $ 51,393          
Years to Maturity     3 years 1 month 6 days          
Income from investments 1,191 519 $ 2,357 794        
Participating Loan Years to Maturity     3 years 1 month 6 days          
Development Community | Preferred Equity Investment Essex Orlando, FL                
Unconsolidated entities                
Investment in unconsolidated entities 15,751   $ 15,751         14,804
UDR commitment $ 12,886   $ 12,886          
Rate 12.50%   12.50%          
Years to Maturity     3 years 2 months 12 days          
Income from investments $ 481 407 $ 947 739        
Participating Loan Years to Maturity     3 years 2 months 12 days          
Development Community | Preferred Equity Investment Modera Lake Merritt, Oakland                
Unconsolidated entities                
Investment in unconsolidated entities 29,562   $ 29,562         22,653
UDR commitment $ 27,250   $ 27,250          
Rate 9.00%   9.00%          
Years to Maturity     3 years 9 months 18 days          
Income from investments $ 652 256 $ 1,226 256        
Participating Loan Years to Maturity     3 years 9 months 18 days          
Development Community | Preferred Equity Investment Thousand Oaks, CA                
Unconsolidated entities                
Investment in unconsolidated entities 8,872   $ 8,872          
UDR commitment $ 20,059   $ 20,059          
Rate 9.00%   9.00%          
Years to Maturity     4 years 8 months 12 days          
Income from investments $ 153   $ 177          
Participating Loan Years to Maturity     4 years 8 months 12 days          
Development Community | Other Investment The Portals Washington, DC                
Unconsolidated entities                
Investment in unconsolidated entities 50,713   $ 50,713         48,181
UDR commitment $ 38,559   $ 38,559          
Rate 11.00%   11.00%          
Years to Maturity     10 months 24 days          
Income from investments $ 1,389 1,234 $ 2,724 2,407        
Participating Loan Years to Maturity     10 months 24 days          
Development Community | Other Investment Ventures                
Unconsolidated entities                
Investment in unconsolidated entities 19,885   $ 19,885         13,598
UDR commitment 34,500   34,500          
Income from investments 4,696 (100) 4,550 25        
Development Community | Preferred Equity Investments and Other Investments                
Unconsolidated entities                
Investment in unconsolidated entities 291,687   291,687         $ 272,437
Income from investments $ 11,037 $ 4,573 $ 16,841 $ 8,509