XML 65 R54.htm IDEA: XBRL DOCUMENT v3.24.1.u1
INCOME/(LOSS) PER SHARE (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Dec. 31, 2023
Jul. 31, 2021
Antidilutive securities        
Net income/(loss) $ 46,310 $ 32,925    
Net (income)/loss attributable to redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership (3,149) (1,953)    
Net (income)/loss attributable to noncontrolling interests (12) (8)    
Net income/(loss) attributable to UDR, Inc. 43,149 30,964    
Distributions to preferred stockholders - Series E (Convertible) (1,231) (1,183)    
Net income/(loss) attributable to common stockholders 41,918 29,781    
Income/(loss) attributable to common stockholders - diluted $ 41,918 $ 29,781    
Denominator for income/(loss) per share:        
Weighted average common shares outstanding 329,244,000 329,165,000    
Unvested restricted stock awards (421,000) (376,000)    
Denominator for basic income/(loss) per share 328,823,000 328,789,000    
Incremental shares issuable from assumed conversion of unvested LTIP Units, performance units, unvested restricted stock and shares issuable upon settlement of forward sales agreements 131,000 632,000    
Denominator for diluted income/(loss) per share 328,954,000 329,421,000    
Income/(loss) per weighted average common share - basic $ 0.13 $ 0.09    
Income/(loss) per weighted average common share - diluted $ 0.13 $ 0.09    
Number of shares authorized 450,000,000   450,000,000  
OP/DownREIT Units        
Denominator for income/(loss) per share:        
Antidilutive securities 24,418,000 21,323,000    
Convertible Preferred Stock        
Denominator for income/(loss) per share:        
Antidilutive securities 2,908,000 2,909,000    
Unvested LTIP Units and unvested restricted stock        
Denominator for income/(loss) per share:        
Antidilutive securities 131,000 632,000    
ATM        
Denominator for income/(loss) per share:        
Number of shares authorized       20,000,000.0
Shares of common stock available for future issuance 14,000,000.0