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Consolidated Balance Sheets (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
Real estate owned:    
Real estate held for investment $ 7,141,505 $ 6,490,791
Less: accumulated depreciation (1,726,258) (1,566,618)
Real estate held for investment, net 5,415,247 4,924,173
Real estate under development 157,301 97,912
Real estate held for sale (net of accumulated depreciation of $0 and $71,708) 0 220,936
Total real estate owned, net of accumulated depreciation 5,572,548 5,243,021
Cash and cash equivalents 21,634 9,486
Marketable securities 0 3,866
Restricted cash 20,220 15,447
Deferred financing costs, net 24,747 27,267
Notes receivable 7,800 7,800
Investment in unconsolidated joint ventures 177,404 148,057
Other assets 137,424 74,596
Total assets 5,961,777 5,529,540
LIABILITIES AND STOCKHOLDERS' EQUITY    
Secured debt 1,992,401 1,908,068
Secured debt - real estate held for sale 0 55,602
Unsecured debt 1,707,185 1,603,834
Real estate taxes payable 14,525 14,585
Accrued interest payable 23,341 20,889
Security deposits and prepaid rent 30,524 26,046
Distributions payable 42,654 36,561
Deferred fees and gains on the sale of depreciable property 29,011 28,943
Accounts payable, accrued expenses, and other liabilities 104,179 105,925
Total liabilities 3,943,820 3,800,453
Redeemable non-controlling interests in operating partnership 187,309 119,057
Stockholders' equity    
Common stock, $0.01 par value; 250,000,000 shares authorized 196,660,518 shares issued and outstanding (182,496,330 shares at December 31, 2010) 1,967 1,825
Additional paid-in capital 2,782,510 2,450,141
Distributions in excess of net income (1,075,499) (973,864)
Accumulated other comprehensive income/(loss), net (10,285) (3,469)
Total UDR, Inc. stockholders' equity 1,826,873 1,606,343
Non-controlling interest 3,775 3,687
Total equity 1,830,648 1,610,030
Total liabilities and stockholders' equity 5,961,777 5,529,540
Common Stock
   
Stockholders' equity    
Total equity 1,967 1,825
Preferred Stock
   
Stockholders' equity    
Total equity 128,180 131,710
8.00% Series E Cumulative Convertible Preferred Stock
   
Stockholders' equity    
Preferred stock, Value 46,571 46,571
6.75% Series G Cumulative Redeemable Preferred Stock
   
Stockholders' equity    
Preferred stock, Value $ 81,609 $ 85,139