2021 Form 10-K Financial Statement

#000007420822000010 Filed on February 15, 2022

View on sec.gov

Income Statement

Concept 2021 2020 Q4 2020
Revenue $1.291B $302.4M $1.241B
YoY Change 4.0% -0.79% 7.72%
Cost Of Revenue $447.8M $105.0M $410.0M
YoY Change 9.21% 9.15% 15.14%
Gross Profit $843.0M $197.4M $831.1M
YoY Change 1.43% -5.37% 4.4%
Gross Profit Margin 65.31% 65.28% 66.96%
Selling, General & Admin $65.84M $12.00M $57.80M
YoY Change 13.91% -17.24% -0.34%
% of Gross Profit 7.81% 6.08% 6.95%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $619.8M $148.2M $618.6M
YoY Change 0.19% 2.07% 21.8%
% of Gross Profit 73.53% 75.08% 74.43%
Operating Expenses $707.3M $166.3M $699.2M
YoY Change 1.16% 2.34% 20.59%
Operating Profit $268.0M $31.10M $249.1M
YoY Change 7.57% -32.54% 12.69%
Interest Expense $186.3M -$59.00M $202.7M
YoY Change -8.11% -197.52% 18.6%
% of Operating Profit 69.51% -189.71% 81.37%
Other Income/Expense, Net $15.09M $6.274M
YoY Change 140.44% -59.27%
Pretax Income $162.4M $29.20M $71.52M
YoY Change 127.13% -72.24% -64.84%
Income Tax $1.400M $700.0K $2.500M
% Of Pretax Income 0.86% 2.4% 3.5%
Net Earnings $150.0M $26.50M $64.27M
YoY Change 133.43% -74.82% -65.26%
Net Earnings / Revenue 11.62% 8.76% 5.18%
Basic Earnings Per Share $0.49 $0.20
Diluted Earnings Per Share $0.48 $89.86K $0.20
COMMON SHARES
Basic Shares Outstanding 300.3M 294.5M 294.5M
Diluted Shares Outstanding 301.7M 294.9M

Balance Sheet

Concept 2021 2020 Q4 2020
SHORT-TERM ASSETS
Cash & Short-Term Investments $967.0K $1.400M $1.400M
YoY Change -30.93% -82.72% -82.72%
Cash & Equivalents $967.0K $1.409M $1.400M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $967.0K $1.400M $1.400M
YoY Change -30.93% -82.72% -82.72%
LONG-TERM ASSETS
Property, Plant & Equipment $9.801B $8.564B $8.564B
YoY Change 14.44% -1.28% -1.28%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $702.5M $595.5M $600.2M
YoY Change 17.04% 1.71% 2.02%
Other Assets $27.45M $125.6M $125.6M
YoY Change -78.14% 398.41% 398.41%
Total Long-Term Assets $10.77B $9.636B $9.636B
YoY Change 11.81% 0.08% 0.08%
TOTAL ASSETS
Total Short-Term Assets $967.0K $1.400M $1.400M
Total Long-Term Assets $10.77B $9.636B $9.636B
Total Assets $10.78B $9.638B $9.638B
YoY Change 11.81% 0.01% 0.01%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $137.0M $111.0M $111.0M
YoY Change 23.38% 23.47% 23.47%
Accrued Expenses $238.5M $240.4M $240.4M
YoY Change -0.8% -1.39% -1.39%
Deferred Revenue
YoY Change
Short-Term Debt $220.0M $190.0M $190.0M
YoY Change 15.79% -36.67% -36.67%
Long-Term Debt Due $1.140M $1.100M $1.100M
YoY Change 3.64% -99.01% -99.01%
Total Short-Term Liabilities $809.8M $737.2M $737.2M
YoY Change 9.85% -20.86% -20.86%
LONG-TERM LIABILITIES
Long-Term Debt $5.192B $4.786B $4.786B
YoY Change 8.49% 11.37% 11.37%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $5.192B $4.786B $4.786B
YoY Change 8.49% 11.37% 11.37%
TOTAL LIABILITIES
Total Short-Term Liabilities $809.8M $737.2M $737.2M
Total Long-Term Liabilities $5.192B $4.786B $4.786B
Total Liabilities $7.332B $5.523B $6.403B
YoY Change 14.51% 5.63% 2.0%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $2.966M
YoY Change 0.68%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.443B $3.234B $3.234B
YoY Change
Total Liabilities & Shareholders Equity $10.78B $9.638B $9.638B
YoY Change 11.81% 0.01% 0.01%

Cashflow Statement

Concept 2021 2020 Q4 2020
OPERATING ACTIVITIES
Net Income $150.0M $26.50M $64.27M
YoY Change 133.43% -74.82% -65.26%
Depreciation, Depletion And Amortization $619.8M $148.2M $618.6M
YoY Change 0.19% 2.07% 21.8%
Cash From Operating Activities $664.0M $147.7M $604.3M
YoY Change 9.87% -15.02% -4.18%
INVESTING ACTIVITIES
Capital Expenditures -$1.589B -$342.7M -$704.7M
YoY Change 125.49% 92.31% -55.75%
Acquisitions
YoY Change
Other Investing Activities $316.8M $174.7M $243.9M
YoY Change 29.89% -238.98% -359.47%
Cash From Investing Activities -$1.272B -$168.1M -$460.8M
YoY Change 176.07% -44.69% -72.68%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $899.1M -$82.44M
YoY Change -1190.57% -111.37%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 612.5M 20.40M -152.6M
YoY Change -501.42% -85.41% -117.33%
NET CHANGE
Cash From Operating Activities 664.0M 147.7M 604.3M
Cash From Investing Activities -1.272B -168.1M -460.8M
Cash From Financing Activities 612.5M 20.40M -152.6M
Net Change In Cash 4.247M -0.00000008941 -9.120M
YoY Change -146.57% -100.0% -94.81%
FREE CASH FLOW
Cash From Operating Activities $664.0M $147.7M $604.3M
Capital Expenditures -$1.589B -$342.7M -$704.7M
Free Cash Flow $2.253B $490.4M $1.309B
YoY Change 72.12% 39.32% -41.13%

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CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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ProfitLoss
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CY2020 us-gaap Profit Loss
ProfitLoss
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ProfitLoss
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CY2020 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
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CY2019 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
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CY2020 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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CY2019 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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CY2020 us-gaap Net Income Loss
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CY2019 us-gaap Net Income Loss
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DividendsPreferredStock
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CY2020 us-gaap Dividends Preferred Stock
DividendsPreferredStock
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CY2019 us-gaap Dividends Preferred Stock
DividendsPreferredStock
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NetIncomeLossAvailableToCommonStockholdersBasic
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CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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CY2019 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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EarningsPerShareBasic
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CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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ProfitLoss
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CY2020 us-gaap Profit Loss
ProfitLoss
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CY2019 us-gaap Profit Loss
ProfitLoss
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CY2020 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
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CY2019 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
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CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
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CY2020 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
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CY2019 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
2770000
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2021 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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CY2020 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
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CY2019 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
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CY2021 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
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CY2020 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
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CY2019 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
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CY2021 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2020 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2019 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2019 us-gaap Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
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CY2019 us-gaap Noncontrolling Interest Increase From Sale Of Parent Equity Interest
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CY2019 udr Long Term Incentive Plan Unit Grants Vestings Net
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CY2019 us-gaap Stock Issued During Period Value Share Based Compensation
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CY2019 us-gaap Stock Issued During Period Value New Issues
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CY2019 us-gaap Stock Issued During Period Value Conversion Of Units
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NetIncomeLoss
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CY2020 us-gaap Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossAttributableToNonredeemableNoncontrollingInterest
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CY2020 us-gaap Minority Interest Decrease From Redemptions
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125000
CY2020 udr Long Term Incentive Plan Unit Grants Vestings Net
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CY2020 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
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CY2020 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
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CY2020 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
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CY2020 us-gaap Common Stock Dividends Per Share Declared
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CY2020 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
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CY2020 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
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CY2020 us-gaap Preferred Stock Per Share Amounts Of Preferred Dividends In Arrears
PreferredStockPerShareAmountsOfPreferredDividendsInArrears
1.5592
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CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2021 us-gaap Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
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CY2021 us-gaap Stock Issued During Period Value Share Based Compensation
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CY2021 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
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CY2021 us-gaap Stock Issued During Period Value Conversion Of Units
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CY2021 us-gaap Dividends Common Stock Cash
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CY2021 us-gaap Preferred Stock Per Share Amounts Of Preferred Dividends In Arrears
PreferredStockPerShareAmountsOfPreferredDividendsInArrears
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ProfitLoss
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CY2020 us-gaap Profit Loss
ProfitLoss
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CY2019 us-gaap Profit Loss
ProfitLoss
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DepreciationDepletionAndAmortization
619833000
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
618629000
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
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CY2021 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
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CY2020 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
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CY2019 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
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CY2021 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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CY2020 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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CY2019 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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CY2021 udr Return On Investment In Equity Method Investments
ReturnOnInvestmentInEquityMethodInvestments
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CY2020 udr Return On Investment In Equity Method Investments
ReturnOnInvestmentInEquityMethodInvestments
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CY2019 udr Return On Investment In Equity Method Investments
ReturnOnInvestmentInEquityMethodInvestments
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CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
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CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
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CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
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CY2020 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
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CY2019 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
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CY2021 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
19182000
CY2020 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
12193000
CY2019 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
10364000
CY2021 us-gaap Increase Decrease In Operating Assets
IncreaseDecreaseInOperatingAssets
33454000
CY2020 us-gaap Increase Decrease In Operating Assets
IncreaseDecreaseInOperatingAssets
44670000
CY2019 us-gaap Increase Decrease In Operating Assets
IncreaseDecreaseInOperatingAssets
10956000
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IncreaseDecreaseInOperatingLiabilities
11447000
CY2020 us-gaap Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
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CY2019 us-gaap Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
7846000
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CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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CY2021 us-gaap Payments To Acquire Buildings
PaymentsToAcquireBuildings
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CY2020 us-gaap Payments To Acquire Buildings
PaymentsToAcquireBuildings
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CY2019 us-gaap Payments To Acquire Buildings
PaymentsToAcquireBuildings
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CY2021 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
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CY2019 us-gaap Payments For Capital Improvements
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CY2019 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
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CY2021 us-gaap Payments To Develop Real Estate Assets
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178029000
CY2020 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
121240000
CY2019 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
25401000
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PaymentsForCapitalImprovements
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CY2020 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
163105000
CY2020 us-gaap Payments To Acquire Furniture And Fixtures
PaymentsToAcquireFurnitureAndFixtures
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CY2019 us-gaap Payments To Acquire Furniture And Fixtures
PaymentsToAcquireFurnitureAndFixtures
17159000
CY2021 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
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CY2020 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
76073000
CY2019 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
93059000
CY2021 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
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37362000
CY2020 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
49342000
CY2019 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
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72441000
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PaymentsForDepositsOnPendingAcquisitions
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CY2019 udr Payments For Deposits On Pending Acquisitions
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CY2020 us-gaap Payments For Proceeds From Loans Receivable
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CY2019 us-gaap Payments For Proceeds From Loans Receivable
PaymentsForProceedsFromLoansReceivable
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CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2020 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
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CY2019 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
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ProceedsFromIssuanceOfSecuredDebt
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CY2019 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
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CY2020 us-gaap Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
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CY2019 us-gaap Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
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CY2021 us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
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CY2020 us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
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CY2019 us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
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CY2021 us-gaap Proceeds From Repayments Of Commercial Paper
ProceedsFromRepaymentsOfCommercialPaper
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CY2020 us-gaap Proceeds From Repayments Of Commercial Paper
ProceedsFromRepaymentsOfCommercialPaper
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CY2019 us-gaap Proceeds From Repayments Of Commercial Paper
ProceedsFromRepaymentsOfCommercialPaper
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CY2021 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
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CY2020 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
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CY2019 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
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CY2021 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
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CY2020 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
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CY2019 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
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CY2020 us-gaap Payments For Repurchase Of Common Stock
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CY2020 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
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CY2021 udr Number Of Apartment Homes With Ownership Interest Through Preferred Equity Investments
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CY2020 us-gaap Conversion Of Stock Shares Converted1
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CY2019 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
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CY2021 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
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CY2020 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
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CY2019 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
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CY2021 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
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CY2020 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
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CY2019 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
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CY2021 us-gaap Payments Of Debt Extinguishment Costs
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CY2020 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
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CY2019 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
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CY2020 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
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CY2019 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
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CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
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CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
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CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
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CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
33291000
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
28418000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
24171000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
33291000
CY2021 us-gaap Interest Paid Net
InterestPaidNet
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InterestPaidNet
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CY2019 us-gaap Interest Paid Net
InterestPaidNet
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CY2019 us-gaap Proceeds From Lease Payments
ProceedsFromLeasePayments
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CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
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CY2020 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1029000
CY2019 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1519000
CY2021 us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
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CY2021 us-gaap Escrow Deposit Disbursements Related To Property Acquisition1
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CY2021 udr Cancellation Of Secured Note Receivable Related To Foreclosure
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CY2021 us-gaap Transfer To Other Real Estate
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16425000
CY2020 us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
14700000
CY2019 us-gaap Transfer To Other Real Estate
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288108000
CY2019 us-gaap Transfer To Investments
TransferToInvestments
60625000
CY2019 udr Secured Debt Assumed In Consolidation Of Unconsolidated Joint Ventures
SecuredDebtAssumedInConsolidationOfUnconsolidatedJointVentures
551800000
CY2021 udr Operating Partnership Units Issued For Real Estate Net
OperatingPartnershipUnitsIssuedForRealEstateNet
48533000
CY2020 udr Notes Receivable Cancellation
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2250000
CY2020 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
2182000
CY2019 udr Recognition Of Operating Lease Right Of Use Assets
RecognitionOfOperatingLeaseRightOfUseAssets
94349000
CY2019 udr Operating Lease Liabilities Incurred With Right Of Use Asset
OperatingLeaseLiabilitiesIncurredWithRightOfUseAsset
88336000
CY2021 us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
5300000
CY2019 us-gaap Conversion Of Stock Shares Converted1
ConversionOfStockSharesConverted1
3165780
CY2019 udr Right Of Use Assets Change Due To Remeasurement
RightOfUseAssetsChangeDueToRemeasurement
111055000
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
14578000
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
23501000
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
14742000
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
39856000
CY2020 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
31387000
CY2019 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
16635000
CY2021 us-gaap Conversion Of Stock Shares Converted1
ConversionOfStockSharesConverted1
1916613
CY2021 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
99932000
CY2020 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
12666000
CY2019 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
134031000
CY2021Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
124729000
CY2020Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
115795000
CY2019Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
109382000
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1409000
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
8106000
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
185216000
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
22762000
CY2019Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
25185000
CY2018Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
23675000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
24171000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
33291000
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
208891000
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
967000
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1409000
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
8106000
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
27451000
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
22762000
CY2019Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
25185000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
28418000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
24171000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
33291000
CY2021Q4 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
160
CY2021Q4 udr Number Of Markets Operating Within
NumberOfMarketsOperatingWithin
21
CY2021Q4 udr Number Of Apartment Homes Owned And Consolidated By Company
NumberOfApartmentHomesOwnedAndConsolidatedByCompany
53229
CY2021 udr Joint Venture Number Of Completed Or To Be Completed Apartment Homes In Operating Communities
JointVentureNumberOfCompletedOrToBeCompletedApartmentHomesInOperatingCommunities
6570
CY2021Q4 us-gaap Partners Capital Account Units
PartnersCapitalAccountUnits
186100000
CY2020Q4 us-gaap Partners Capital Account Units
PartnersCapitalAccountUnits
184800000
CY2021 udr Development Costs Excluding Direct Costs And Capitalized Interest
DevelopmentCostsExcludingDirectCostsAndCapitalizedInterest
11300000
CY2020 udr Development Costs Excluding Direct Costs And Capitalized Interest
DevelopmentCostsExcludingDirectCostsAndCapitalizedInterest
12000000.0
CY2019 udr Development Costs Excluding Direct Costs And Capitalized Interest
DevelopmentCostsExcludingDirectCostsAndCapitalizedInterest
8400000
CY2021 us-gaap Interest Costs Incurred Capitalized
InterestCostsIncurredCapitalized
9700000
CY2020 us-gaap Interest Costs Incurred Capitalized
InterestCostsIncurredCapitalized
7000000.0
CY2019 us-gaap Interest Costs Incurred Capitalized
InterestCostsIncurredCapitalized
5100000
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
0
CY2021 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
-600000
CY2020 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
-700000
CY2021Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
26995000
CY2020Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
158685000
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
135000
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
693000
CY2021Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
26860000
CY2020Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
157992000
CY2020 us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
9100000
CY2019 us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
5500000
CY2021 udr Proceeds From Promoted Interest Received
ProceedsFromPromotedInterestReceived
0
CY2020 udr Proceeds From Promoted Interest Received
ProceedsFromPromotedInterestReceived
0
CY2019 udr Proceeds From Promoted Interest Received
ProceedsFromPromotedInterestReceived
8500000
CY2019 us-gaap Interest Income Related Party
InterestIncomeRelatedParty
0
CY2020 us-gaap Interest Income Related Party
InterestIncomeRelatedParty
0
CY2021 us-gaap Interest Income Related Party
InterestIncomeRelatedParty
0
CY2020Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
8466106000
CY2021 udr Minimum Period Of Time Units Have Been Outstanding Prior To Redemption
MinimumPeriodOfTimeUnitsHaveBeenOutstandingPriorToRedemption
P1Y
CY2021Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
800000
CY2020Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
3200000
CY2021Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
0
CY2021Q4 udr Real Estate Owned Accumulated Amortization Intangible Assets
RealEstateOwnedAccumulatedAmortizationIntangibleAssets
8800000
CY2021 us-gaap Advertising Expense
AdvertisingExpense
8300000
CY2020 us-gaap Advertising Expense
AdvertisingExpense
7900000
CY2019 us-gaap Advertising Expense
AdvertisingExpense
6500000
CY2021 udr Minimum Percentage Of Carrying Value Of Real Estate Portfolio Held By Company
MinimumPercentageOfCarryingValueOfRealEstatePortfolioHeldByCompany
0.10
CY2021Q4 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
160
CY2021Q4 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
13
CY2021Q4 udr Number Of Apartment Homes Owned And Consolidated By Company
NumberOfApartmentHomesOwnedAndConsolidatedByCompany
53229
CY2021 udr Adjustment To Rental Income Covid19 Pandemic
AdjustmentToRentalIncomeCovid19Pandemic
-100000
CY2021 udr Adjustment To Profit Loss Covid19 Pandemic
AdjustmentToProfitLossCovid19Pandemic
-100000
CY2020 udr Adjustment To Rental Income Covid19 Pandemic
AdjustmentToRentalIncomeCovid19Pandemic
-18400000
CY2020 udr Adjustment To Profit Loss Covid19 Pandemic
AdjustmentToProfitLossCovid19Pandemic
-1100000
CY2020 us-gaap Impairment Of Investments
ImpairmentOfInvestments
3100000
CY2021 us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-weight:bold;margin:0pt 0pt 10pt 0pt;">Use of Estimates</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt 0pt 10pt 0pt;">The preparation of these financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent liabilities at the dates of the financial statements and the amounts of revenues and expenses during the reporting periods. Actual amounts realized or paid could differ from those estimates.</p>
CY2021Q4 us-gaap Land
Land
2342385000
CY2020Q4 us-gaap Land
Land
2139765000
CY2021Q4 us-gaap Land Improvements
LandImprovements
241905000
CY2020Q4 us-gaap Land Improvements
LandImprovements
233823000
CY2021Q4 udr Investment Building And Building Improvements And Furniture Fixtures And Equipment
InvestmentBuildingAndBuildingImprovementsAndFurnitureFixturesAndEquipment
11717931000
CY2020Q4 udr Investment Building And Building Improvements And Furniture Fixtures And Equipment
InvestmentBuildingAndBuildingImprovementsAndFurnitureFixturesAndEquipment
10292782000
CY2021Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangible Assets Other Than Goodwill
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill
50013000
CY2020Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangible Assets Other Than Goodwill
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill
40570000
CY2021Q4 udr Real Estate Owned Gross
RealEstateOwnedGross
14740803000
CY2020Q4 udr Real Estate Owned Gross
RealEstateOwnedGross
13071472000
CY2021Q4 udr Real Estates Owned Accumulated Depreciation
RealEstatesOwnedAccumulatedDepreciation
5137096000
CY2020Q4 udr Real Estates Owned Accumulated Depreciation
RealEstatesOwnedAccumulatedDepreciation
4605366000
CY2021Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
9603707000
CY2019 udr Income From Participating Loan
IncomeFromParticipatingLoan
137873000
CY2021Q4 us-gaap Deferred Gain On Sale Of Property
DeferredGainOnSaleOfProperty
8700000
CY2020Q4 us-gaap Deferred Gain On Sale Of Property
DeferredGainOnSaleOfProperty
8400000
CY2020Q4 udr Real Estate Owned Accumulated Amortization Intangible Assets
RealEstateOwnedAccumulatedAmortizationIntangibleAssets
5800000
CY2021Q4 udr Number Of Communities Under Development
NumberOfCommunitiesUnderDevelopment
5
CY2021Q4 udr Number Of Homes Under Development
NumberOfHomesUnderDevelopment
1417
CY2021 udr Number Of Homes Completed
NumberOfHomesCompleted
0
CY2021Q4 udr Investments On Development Communities
InvestmentsOnDevelopmentCommunities
388600000
CY2021 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
49900000
CY2021Q4 udr Number Of Communities Subject To Ground Leases
NumberOfCommunitiesSubjectToGroundLeases
6
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
62656000
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
23123000
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
4733000
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
4528000
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
4347000
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
4105000
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
21820000
CY2021 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
-3000
CY2020 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
5745000
CY2019 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
11135000
CY2021Q4 us-gaap Equity Method Investments
EquityMethodInvestments
696376000
CY2020Q4 us-gaap Equity Method Investments
EquityMethodInvestments
595486000
CY2021 udr Income From Participating Loan
IncomeFromParticipatingLoan
65646000
CY2020 udr Income From Participating Loan
IncomeFromParticipatingLoan
18844000
CY2021 us-gaap Lessee Operating Lease Existence Of Option To Extend
LesseeOperatingLeaseExistenceOfOptionToExtend
true
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
197500000
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
200900000
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
192500000
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
195600000
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P43Y2M12D
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P43Y10M24D
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.050
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.050
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
221140000
CY2021 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
3500000
CY2021 udr Operating Lease Liabilities Amortization
OperatingLeaseLiabilitiesAmortization
3100000
CY2020 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
3300000
CY2020 udr Operating Lease Liabilities Amortization
OperatingLeaseLiabilitiesAmortization
3000000.0
CY2019 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
1200000
CY2019 udr Operating Lease Liabilities Amortization
OperatingLeaseLiabilitiesAmortization
800000
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
300000
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
300000
CY2019 us-gaap Operating Lease Cost
OperatingLeaseCost
400000
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
25208000
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
23746000
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
21649000
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
18541000
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
15734000
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
67713000
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
172591000
CY2021 us-gaap Variable Lease Cost
VariableLeaseCost
400000
CY2020 us-gaap Variable Lease Cost
VariableLeaseCost
200000
CY2019 us-gaap Variable Lease Cost
VariableLeaseCost
400000
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
5412787000
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
4976548000
CY2021Q4 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.0280
CY2021Q4 udr Secured Debt Encumbers Real Estate Owned Percent
SecuredDebtEncumbersRealEstateOwnedPercent
0.12
CY2021Q4 udr Secured Debt Unencumbered Real Estate Owned Percent
SecuredDebtUnencumberedRealEstateOwnedPercent
0.88
CY2021Q4 us-gaap Debt Instrument Unamortized Premium
DebtInstrumentUnamortizedPremium
27000000.0
CY2020Q4 us-gaap Debt Instrument Unamortized Premium
DebtInstrumentUnamortizedPremium
12900000
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
1242000
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
141937000
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
174793000
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
352744000
CY2021Q4 udr Long Term Debt Maturities Repayment Of Principle In Year Six
LongTermDebtMaturitiesRepaymentOfPrincipleInYearSix
652860000
CY2021Q4 udr Long Term Debt Maturities Repayment Of Principle In Year Seven
LongTermDebtMaturitiesRepaymentOfPrincipleInYearSeven
462310000
CY2021Q4 udr Long Term Debt Maturities Repayment Of Principle In Year Eight
LongTermDebtMaturitiesRepaymentOfPrincipleInYearEight
491986000
CY2021Q4 udr Long Term Debt Maturities Repayment Of Principle In Year Nine
LongTermDebtMaturitiesRepaymentOfPrincipleInYearNine
762010000
CY2021Q4 udr Long Term Debt Maturities Repayment Of Principle In Year Ten
LongTermDebtMaturitiesRepaymentOfPrincipleInYearTen
760930000
CY2021Q4 udr Long Term Debt Maturities Repayments Of Principal After Year Ten
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearTen
1377000000
CY2021Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
5398952000
CY2021Q4 udr Debt Instrument Unamortized Fair Market Value Adjustment Discount Premium Deferred Financing Cost
DebtInstrumentUnamortizedFairMarketValueAdjustmentDiscountPremiumDeferredFinancingCost
-13835000
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
5412787000
CY2021 us-gaap Profit Loss
ProfitLoss
160993000
CY2020 us-gaap Profit Loss
ProfitLoss
68970000
CY2019 us-gaap Profit Loss
ProfitLoss
199579000
CY2021 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
10873000
CY2020 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
4543000
CY2019 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
14426000
CY2021 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
104000
CY2020 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
161000
CY2019 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
188000
CY2021 us-gaap Net Income Loss
NetIncomeLoss
150016000
CY2020 us-gaap Net Income Loss
NetIncomeLoss
64266000
CY2019 us-gaap Net Income Loss
NetIncomeLoss
184965000
CY2021 us-gaap Dividends Preferred Stock
DividendsPreferredStock
4229000
CY2020 us-gaap Dividends Preferred Stock
DividendsPreferredStock
4230000
CY2019 us-gaap Dividends Preferred Stock
DividendsPreferredStock
4104000
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
145787000
CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
60036000
CY2019 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
180861000
CY2021 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
300579000
CY2020 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
294808000
CY2019 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
285509000
CY2021 us-gaap Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
253000
CY2020 us-gaap Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
263000
CY2019 us-gaap Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
262000
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
300326000
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
294545000
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
285247000
CY2021 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1377000
CY2020 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
382000
CY2019 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
768000
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
301703000
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
294927000
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
286015000
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.49
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.20
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.63
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.48
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.20
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.63
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
450000000.0
CY2021Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000.0
CY2021 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.45
CY2020 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.44
CY2019 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.37
CY2008 us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
10000000.0
CY2021 udr Shares Reserved For Issuance Under Stock Purchase Plan
SharesReservedForIssuanceUnderStockPurchasePlan
11000000.0
CY2021 udr Share Based Compensation Arrangement By Share Based Payment Award Number Of Unexercised Stock Options
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfUnexercisedStockOptions
0
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