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COMMITMENTS AND CONTINGENCIES (Tables)
9 Months Ended
Sep. 30, 2020
COMMITMENTS AND CONTINGENCIES  
Summary of real estate commitments

The following summarizes the Company’s real estate commitments at September 30, 2020 (dollars in thousands):

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Number

​

UDR's

​

UDR's Remaining

​

​

​

Properties

​

Investment (a)

​

Commitment

​

Wholly-owned — under development

 

4

​

$

197,823

​

$

225,677

 

Wholly-owned — redevelopment

 

2

​

​

20,825

​

​

8,425

 

Joint ventures:

 

  

​

 

  

​

 

  

 

Preferred equity investments

 

1

​

​

13,693

(b)

​

6,801

(b)

Other investments

​

-

​

​

21,395

​

​

21,150

​

Total

 

  

​

$

253,736

​

$

262,053

 

(a)Represents UDR’s investment as of September 30, 2020.
(b)Represents UDR’s investment in and remaining commitment for Thousand Oaks, which is under development as of September 30, 2020.