XML 78 R63.htm IDEA: XBRL DOCUMENT v3.20.2
CONSOLIDATED BALANCE SHEETS (UNITED DOMINION REALTY, L.P.) - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Real estate owned:    
Real estate held for investment $ 12,643,851 $ 12,532,324
Less: accumulated depreciation (4,372,321) (4,131,330)
Total real estate owned, net of accumulated depreciation 8,403,115 8,470,748
Cash and cash equivalents 833 8,106
Restricted cash 22,043 25,185
Investment in unconsolidated entities 594,275 585,490
Operating lease right-of-use assets 202,586 204,225
Other assets 181,880 186,296
Total assets 9,564,471 9,636,472
LIABILITIES AND CAPITAL    
Secured debt, net 1,112,870 1,149,441
Operating lease liabilities 197,092 198,558
Real estate taxes payable 31,952 29,445
Accrued interest payable 47,087 45,199
Security deposits and prepaid rent 45,607 48,353
Distributions payable 115,254 109,382
Accounts payable, accrued expenses, and other liabilities 111,264 90,032
Total liabilities 5,315,060 5,228,493
Commitments and contingencies (Note 11)
Partners' capital:    
Accumulated other comprehensive income/(loss), net (11,940) (10,448)
Total liabilities and equity 9,564,471 9,636,472
United Dominion Realty L.P.    
Real estate owned:    
Real estate held for investment 3,898,710 3,875,160
Less: accumulated depreciation (1,867,071) (1,796,568)
Total real estate owned, net of accumulated depreciation 2,031,639 2,078,592
Cash and cash equivalents 38 24
Restricted cash 14,535 13,998
Investment in unconsolidated entities 63,111 76,222
Operating lease right-of-use assets 203,958 205,668
Other assets 25,643 24,241
Total assets 2,338,924 2,398,745
LIABILITIES AND CAPITAL    
Secured debt, net 99,082 99,071
Notes payable due to the General Partner 655,619 637,233
Operating lease liabilities 198,474 200,001
Real estate taxes payable 5,575 2,801
Accrued interest payable 198 217
Security deposits and prepaid rent 16,838 17,946
Distributions payable 66,833 63,364
Accounts payable, accrued expenses, and other liabilities 11,848 12,226
Total liabilities 1,054,467 1,032,859
Commitments and contingencies (Note 11)
Partners' capital:    
110,883 OP Units outstanding at June 30, 2020 and December 31, 2019 805 859
184,724,677 and 183,952,659 OP Units outstanding at June 30, 2020 and December 31, 2019, respectively 1,266,538 1,347,622
Accumulated other comprehensive income/(loss), net (43)  
Total partners' capital 1,267,300 1,348,481
Noncontrolling interests 17,157 17,405
Total capital 1,284,457 1,365,886
Total liabilities and equity $ 2,338,924 $ 2,398,745