XML 82 R67.htm IDEA: XBRL DOCUMENT v3.20.2
CONSOLIDATED STATEMENTS OF CHANGES IN CAPITAL (UNITED DOMINION REALTY, L.P.) (Unaudited). - United Dominion Realty L.P. - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Beginning Balance $ 1,329,402 $ 1,456,786 $ 1,365,886 $ 1,485,889
Net income/(loss) 19,861 27,810 44,501 52,144
Distributions (66,635) (63,060) (133,293) (126,529)
Long Term Incentive Plan Unit grants 3,130 5,385 8,664 15,417
Unrealized gain/(loss) on derivative financial investments (43)   (43)  
Net contributions/(distributions) to/(from) noncontrolling interests (1,258) 2,817 (1,258) 2,817
Ending Balance 1,284,457 1,429,738 1,284,457 1,429,738
Accumulated Other Comprehensive Income/(Loss), net        
Unrealized gain/(loss) on derivative financial investments (43)   (43)  
Ending Balance (43)   (43)  
Total Partner's Capital        
Beginning Balance 1,311,475 1,442,579 1,348,481 1,472,070
Net income/(loss) 19,373 27,394 43,491 51,340
Distributions (66,635) (63,060) (133,293) (126,529)
Long Term Incentive Plan Unit grants 3,130 5,385 8,664 15,417
Unrealized gain/(loss) on derivative financial investments (43)   (43)  
Ending Balance 1,267,300 1,412,298 1,267,300 1,412,298
Noncontrolling Interests        
Beginning Balance 17,927 14,207 17,405 13,819
Net income/(loss) 488 416 1,010 804
Net contributions/(distributions) to/(from) noncontrolling interests (1,258) 2,817 (1,258) 2,817
Ending Balance 17,157 17,440 17,157 17,440
Class A Limited Partner        
Beginning Balance 64,006 79,631 81,803 69,401
Net income/(loss) 184 260 413 488
Distributions (631) (599) (1,262) (1,198)
Adjustment to reflect limited partners' capital at redemption value 1,918 (659) (15,477) 9,942
Ending Balance 65,477 78,633 65,477 78,633
Limited Partners and LTIP Units        
Beginning Balance 250,877 283,862 284,580 302,545
Net income/(loss) 719 908 1,615 1,720
Distributions (2,565) (2,109) (5,153) (4,679)
OP Unit redemptions for common shares of UDR (110) (6,949) (110) (78,622)
Adjustment to reflect limited partners' capital at redemption value 4,485 (7,187) (33,060) 37,529
Long Term Incentive Plan Unit grants 3,130 5,385 8,664 15,417
Ending Balance 256,536 273,910 256,536 273,910
Limited Partner        
Beginning Balance 995,759 1,078,160 981,239 1,099,174
Net income/(loss) 18,458 26,209 41,437 49,101
Distributions (63,399) (60,314) (126,798) (120,576)
OP Unit redemptions for common shares of UDR 110 6,949 110 78,622
Adjustment to reflect limited partners' capital at redemption value (6,403) 7,846 48,537 (47,471)
Ending Balance 944,525 1,058,850 944,525 1,058,850
General Partner        
Beginning Balance 833 926 859 950
Net income/(loss) 12 17 26 31
Distributions (40) (38) (80) (76)
Ending Balance $ 805 $ 905 $ 805 $ 905