Udr, inc. (UDR)
Balance Sheet / Yearly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Dec'09
ASSETS
Real estate owned:
Real estate held for investment

12,608

12,532

11,542

11,011

10,680

10,196

9,809

9,940

9,558

9,584

9,456

9,423

9,393

9,271

8,984

9,073

9,000

9,053

8,162

8,332

8,256

8,205

8,106

7,957

8,075

7,723

7,626

7,582

7,729

7,475

7,495

7,479

7,372

7,269

7,988

7,141

6,542

5,650

6,758

6,251

5,683

Less: accumulated depreciation

4,231

4,131

4,000

3,878

3,764

3,654

3,544

3,518

3,407

3,326

3,235

3,131

3,026

2,923

2,849

2,842

2,743

2,646

2,557

2,557

2,521

2,434

2,378

2,290

2,273

2,200

2,153

2,070

2,006

1,884

1,842

1,769

1,687

1,605

1,794

1,726

1,647

1,308

1,560

1,488

1,288

Real estate held for investment, net

8,376

8,400

7,541

-

-

6,541

6,264

6,421

6,151

6,258

6,220

6,291

6,367

6,348

6,134

6,231

6,257

6,407

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Real estate under development (net of accumulated depreciation of $81 and $23, respectively)

95

69

21

-

-

-

347

335

644

588

532

465

393

342

294

238

196

124

104

92

196

177

321

275

222

466

486

432

451

489

355

282

225

246

192

157

112

97

94

153

318

Real estate held for disposition (net of accumulated depreciation of $41,121 and $0, respectively)

73

-

-

-

-

-

89

-

-

-

-

-

0

1

51

0

31

11

116

-

-

0

0

54

10

10

-

-

-

49

0

0

279

332

36

0

192

804

0

-

249

Total real estate owned, net of accumulated depreciation

8,545

8,470

7,563

7,132

6,916

6,541

6,701

6,757

6,795

6,847

6,753

6,756

6,760

6,692

6,480

6,470

6,485

-

5,604

5,774

5,735

5,770

5,728

5,667

5,802

5,523

5,473

5,512

5,722

5,591

5,653

5,709

5,684

5,664

6,193

5,415

4,895

4,341

5,198

4,762

4,395

Total real estate owned, net of accumulated depreciation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,543

5,825

5,867

5,931

5,948

6,049

5,997

6,035

5,999

5,960

5,945

6,174

6,131

6,008

5,991

6,189

6,242

6,423

5,572

5,200

5,243

5,292

4,915

4,963

Cash and cash equivalents

0

8

1

0

1

185

1

1

1

2

1

1

2

2

3

5

3

6

1

2

6

15

14

26

15

30

11

9

7

12

82

184

3

12

13

21

11

9

10

8

5

Restricted cash

21

25

21

23

23

23

26

29

19

19

20

19

19

19

21

20

21

20

23

22

23

22

23

23

23

22

23

24

24

23

25

24

24

24

19

20

15

15

14

9

8

Funds held in escrow from Internal Revenue Code Section 1031 exchanges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

87

34

-

-

-

-

-

-

-

30

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred financing costs, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

20

19

21

-

24

25

25

26

27

27

23

24

26

28

31

30

23

24

21

27

26

25

26

Notes receivable, net

151

153

37

37

36

42

41

40

39

19

18

17

19

19

19

19

16

16

15

15

15

14

18

44

84

83

66

66

66

64

63

39

13

0

7

7

7

7

7

7

7

Investment in and advances to unconsolidated joint ventures, net

588

588

791

769

749

780

767

739

732

720

839

843

818

827

917

933

944

938

921

914

763

718

650

612

517

507

531

533

461

477

579

580

548

213

187

177

149

148

16

17

14

Operating lease right-of-use assets

203

204

135

93

94

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Marketable securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

3

41

37

37

Other assets

179

186

145

140

134

137

140

138

120

124

127

129

114

118

121

126

129

137

114

96

96

110

117

171

131

137

135

137

133

125

124

124

131

198

129

137

95

74

67

57

67

Total assets

9,691

9,636

8,697

8,197

7,955

7,711

7,678

7,707

7,709

7,733

7,760

7,767

7,735

7,679

7,651

7,610

7,601

7,663

6,922

6,939

6,858

6,828

6,898

6,932

6,834

6,807

6,756

6,743

6,890

6,859

6,910

6,972

6,942

6,721

6,804

5,961

5,501

5,529

5,477

5,079

5,132

LIABILITIES AND EQUITY
Liabilities:
Secured debt, net

1,144

1,149

600

598

599

601

798

799

801

803

804

806

1,031

1,130

1,048

1,256

1,374

1,376

1,346

1,350

1,370

1,354

1,399

1,402

1,442

1,442

1,381

1,385

1,425

1,430

1,439

1,442

1,813

1,891

2,004

1,992

1,716

1,732

2,045

1,957

1,932

Secured debt - real estate held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

17

0

55

231

-

-

56

Unsecured debt, net

3,740

3,558

3,335

3,272

2,990

2,946

3,012

2,952

2,879

2,868

2,874

2,828

2,505

2,270

2,495

2,209

2,037

2,193

2,166

2,213

2,145

2,210

2,228

2,345

2,185

2,081

2,081

2,009

2,073

1,979

1,902

1,902

2,099

2,026

1,967

1,707

1,747

1,603

1,433

1,454

1,437

Operating lease liabilities

197

198

130

88

88

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Real estate taxes payable

33

29

42

23

27

20

38

21

24

18

35

19

23

17

36

23

16

18

32

18

21

15

29

16

20

13

29

14

11

14

26

13

16

13

28

14

17

14

28

15

16

Accrued interest payable

31

45

27

42

29

38

27

38

28

33

30

28

27

29

28

26

28

29

23

27

23

34

27

29

27

32

26

29

29

30

29

31

31

23

23

23

20

20

19

20

19

Security deposits and prepaid rent

48

48

36

35

36

35

31

34

35

31

32

35

36

34

37

37

35

36

33

33

34

34

32

30

30

27

26

26

48

25

38

35

33

35

37

30

26

26

27

24

31

Distributions payable

115

109

108

105

105

97

95

95

95

91

91

91

91

86

86

86

86

80

75

75

75

69

69

68

68

61

61

61

61

57

57

57

53

51

47

42

37

36

36

32

30

Accounts payable, accrued expenses, and other liabilities

82

90

72

63

65

76

73

74

83

102

96

92

74

103

91

91

77

81

56

72

63

91

82

89

76

118

98

111

83

104

97

102

75

95

109

104

90

105

63

59

80

Deferred fees and gains on the sale of depreciable property

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

29

29

29

29

29

29

29

28

28

28

28

28

Total liabilities

5,393

5,228

4,353

4,228

3,941

3,816

4,078

4,016

3,947

3,949

3,964

3,901

3,791

3,673

3,824

3,731

3,657

3,816

3,735

3,790

3,735

3,810

3,869

3,982

3,851

3,777

3,706

3,638

3,733

3,641

3,621

3,614

4,152

4,166

4,265

3,943

3,741

3,800

3,684

3,592

3,634

Commitments and contingencies (Note 13)

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership

819

1,018

1,072

1,000

1,051

972

992

922

876

948

943

967

904

909

900

929

970

946

312

290

311

282

249

266

240

217

220

237

225

223

-

243

251

236

208

187

123

119

117

113

98

Equity:
Preferred stock, no par value; 50,000,000 shares authorized:

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

46

46

46

-

-

-

-

46

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common stock, $0.01 par value; 350,000,000 shares authorized: 294,881,038 and 294,588,305 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

1

1

1

1

1

1

Additional paid-in capital

5,788

5,781

5,702

5,244

5,184

4,920

4,619

4,639

4,638

4,651

4,643

4,640

4,635

4,635

4,631

4,622

4,620

4,447

4,449

4,342

4,334

4,223

4,223

4,114

4,110

4,109

4,106

4,104

4,101

4,098

4,098

4,098

3,543

3,340

3,322

2,782

2,548

2,450

2,437

2,061

1,948

Distributions in excess of net income

2,360

2,462

2,496

2,336

2,281

2,063

2,075

1,929

1,808

1,871

1,843

1,792

1,644

1,585

1,746

1,712

1,685

1,584

1,610

1,525

1,557

1,528

1,493

1,478

1,414

1,342

-1,321

1,279

1,210

-1,143

1,082

1,024

1,126

1,142

1,111

1,075

1,045

973

895

822

687

Accumulated other comprehensive income/(loss), net

-12

-10

-9

-7

-2

-0

0

-1

-1

-2

-4

-4

-4

-5

-11

-12

-12

-12

-14

-9

-15

-8

-0

-2

-3

-5

-6

-7

-9

-11

-13

-13

-13

-13

-15

-10

-3

-3

-3

-3

0

Total stockholders' equity

3,464

3,358

3,246

2,949

2,948

2,905

2,593

2,757

2,877

2,825

2,845

2,892

3,036

3,093

2,922

2,946

2,972

2,899

2,874

2,857

2,810

2,735

2,778

2,682

2,741

2,811

2,828

2,866

2,931

2,992

3,051

3,110

2,533

2,314

2,326

1,826

1,633

1,606

1,672

1,369

1,395

Noncontrolling interests

14

30

25

18

13

17

14

11

8

9

7

5

3

3

3

2

0

0

0

0

0

0

0

0

0

0

0

0

0

0

3

4

4

4

4

3

3

3

3

3

3

Total equity

3,478

3,389

3,271

2,968

2,962

2,922

2,607

2,768

2,885

2,835

2,852

2,898

3,039

3,096

2,925

2,948

2,973

2,900

2,875

2,858

2,811

2,735

2,779

2,683

2,741

2,812

2,828

2,867

2,932

2,993

3,055

3,114

2,537

2,318

2,330

1,830

1,637

1,610

1,675

1,373

1,398

Total liabilities and equity

9,691

9,636

8,697

8,197

7,955

7,711

7,678

7,707

7,709

7,733

7,760

7,767

7,735

7,679

7,651

7,610

7,601

7,663

6,922

6,939

6,858

6,828

6,898

6,932

6,834

6,807

6,756

6,743

6,890

6,859

6,910

6,972

6,942

6,721

6,804

5,961

5,501

5,529

5,477

5,079

5,132

8.00% Series E Cumulative Convertible Preferred Stock
Preferred stock, no par value; 50,000,000 shares authorized:

46

46

46

46

46

46

46

46

46

46

46

46

46

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Series F
Preferred stock, no par value; 50,000,000 shares authorized:

0

0

0

0

0

0

0

0

0

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-