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Consolidated Balance Sheets (USD $)
In Thousands
Dec. 31, 2010
Dec. 31, 2009
Real estate owned:    
Real estate held for investment $ 6,490,791 $ 5,683,676
Less: accumulated depreciation (1,566,618) (1,288,053)
Real estate investment, net 4,924,173 4,395,623
Real estate under development (net of accumulated depreciation of $0 and $1,226) 97,912 318,531
Real estate held for sale (net of accumulated depreciation of $71,708 and $62,014) 220,936 249,600
Total real estate owned, net of accumulated depreciation 5,243,021 4,963,754
Cash and cash equivalents 9,486 5,985
Marketable securities 3,866 37,650
Restricted cash 15,447 8,879
Deferred financing costs, net 27,267 26,601
Notes receivable 7,800 7,800
Investment in unconsolidated joint ventures 148,057 14,126
Other assets 74,596 67,822
Total assets 5,529,540 5,132,617
LIABILITIES AND STOCKHOLDERS' EQUITY    
Secured debt 1,908,068 1,932,738
Secured debt - real estate held for sale 55,602 56,696
Unsecured debt 1,603,834 1,437,155
Real estate taxes payable 14,585 16,976
Accrued interest payable 20,889 19,146
Security deposits and prepaid rent 26,046 31,798
Distributions payable 36,561 30,857
Deferred fees and gains on the sale of depreciable property 28,943 28,826
Accounts payable, accrued expenses, and other liabilities 105,925 80,685
Total liabilities 3,800,453 3,634,877
Redeemable non-controlling interests in operating partnership 119,057 98,758
Stockholders' equity    
Common stock, $0.01 par value; 250,000,000 shares authorized 182,496,330 shares issued and outstanding (155,465,482 shares at December 31, 2009) 1,825 1,555
Additional paid-in capital 2,450,141 1,948,669
Distributions in excess of net income 973,864 (687,180)
Accumulated other comprehensive loss, net (3,469) 2
Total UDR, Inc. stockholders' equity 1,606,343 1,395,441
Non-controlling interest 3,687 3,541
Total equity 1,610,030 1,398,982
Total liabilities and stockholders' equity 5,529,540 5,132,617
Common Stock
   
Stockholders' equity    
Total equity 1,825 1,555
Preferred Stock
   
Stockholders' equity    
Total equity 131,710 132,395
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 $ 85,139 $ 85,824