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Real Estate Owned (Tables)

6 Months Ended

Jun. 30, 2011

Summary of carrying amounts for real estate owned (at cost)


	June 30,			December 31,
	2011			2010

Land	$	1,799,780		$	1,693,775
Depreciable property — held and used:
Building and improvements		5,035,481			4,499,920
Furniture, fixtures and equipment		306,244			297,096
Under development:
Land		78,794			62,410
Construction in progress		78,507			35,502
Held for sale:
Land		—			89,932
Building and improvements		—			196,494
Furniture, fixtures and equipment		—			6,218

Real estate owned		7,298,806			6,881,347
Accumulated depreciation		(1,726,258	)		(1,638,326	)


Real estate owned, net	$	5,572,548		$	5,243,021

UDR's real estate community acquisitions


					Purchase
Property Name	Market	Acquisition Date	Units		Price (a)

10 Hanover Square	New York, NY	April 2011		493	$	259,750
388 Beale	San Francisco, CA	April 2011		227		90,500
14 North	Boston, MA	April 2011		387		64,500
Inwood West	Boston, MA	April 2011		446		108,000
View 14	Metropolitan D.C.	June 2011		185		105,538

				1,738	$	628,288


(a)		The purchase price is the contractual sales price between UDR and the third party and does not include any costs that the Company incurred in the pursuit of the property.

Company's Combined result of Operations


	Three months ended June 30,					Six months ended June 30,
	2011		2010			2011			2010

Pro forma revenues	$	179,152	$	164,268		$	356,019		$	328,535
Pro forma income/(loss) attributable to common stockholders		12,076		(24,113	)		(24,909	)		(48,225	)
Proforma income/(loss) attributable to common stockholders — basic		0.06		(0.15	)		(0.13	)		(0.30	)
Pro forma income/(loss) attributable to common stockholders — diluted		0.06		(0.15	)		(0.13	)		(0.30	)

- Definition

Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate.

+ References+ Details

- Definition

Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Appendix F
-Paragraph F4
-Subparagraph e

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6909870&loc=d3e1392-128463

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141
-Paragraph 51
-Subparagraph a
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6909870&loc=d3e1486-128463

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141
-Paragraph 52
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 68
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details