v3.26.1
JOINT VENTURES AND PARTNERSHIPS - Summary (Details)
$ in Thousands
1 Months Ended 3 Months Ended 6 Months Ended 12 Months Ended
Jul. 31, 2026
USD ($)
home
Jun. 30, 2026
USD ($)
community
home
property
May 31, 2026
community
Apr. 30, 2026
USD ($)
home
Feb. 28, 2026
USD ($)
item
Jun. 30, 2026
USD ($)
community
home
property
Jun. 30, 2025
USD ($)
Jun. 30, 2026
USD ($)
community
property
home
item
Jun. 30, 2025
USD ($)
Dec. 31, 2025
USD ($)
JOINT VENTURES AND PARTNERSHIPS                    
Number Properties | community   162       162   162    
Investment in unconsolidated entities   $ 721,285       $ 721,285   $ 721,285   $ 879,735
Income/(loss) from investments           3,271 $ 3,629 22,967 $ 9,443  
Sold unconsolidated joint ventures and partnerships - Investment                   $ 160,841
Sold unconsolidated joint ventures and partnerships - Income (loss)           $ 3,316 3,011 $ 5,812 6,276  
Number of preferred equity agreements redeemed | item               3    
UDR/MetLife                    
JOINT VENTURES AND PARTNERSHIPS                    
Number Properties | property   8       8   8    
Number of apartment homes | home   2,127       2,127   2,127    
UDR's ownership interest   50.20%       50.20%   50.20%   50.20%
Investment in unconsolidated entities   $ 41,056       $ 41,056   $ 41,056   $ 189,420
Income/(loss) from investments           $ (678) (1,135) $ (1,891) (2,176)  
UDR/LaSalle                    
JOINT VENTURES AND PARTNERSHIPS                    
Number Properties | property   9       9   9    
Number of apartment homes | home   2,564       2,564   2,564    
UDR's ownership interest   51.00%       51.00%   51.00%   51.00%
Investment in unconsolidated entities   $ 231,914       $ 231,914   $ 231,914   $ 242,337
Income/(loss) from investments           $ (3,362) (926) $ (6,631) (1,961)  
UDR/Carmel Partners                    
JOINT VENTURES AND PARTNERSHIPS                    
Number Properties | property   5       5   5    
Number of apartment homes | home   710       710   710    
UDR's ownership interest   50.00% 50.00%     50.00%   50.00%    
Investment in unconsolidated entities   $ 140,521       $ 140,521   $ 140,521    
Number of communities acquired | community     5              
Income/(loss) from investments           $ 370   $ 370    
Preferred Equity Investments                    
JOINT VENTURES AND PARTNERSHIPS                    
Number of investments which receive a variable percentage of the value created from the project upon a capital or liquidating event | item               2    
Aggregate proceeds         $ 138,900          
Number of preferred equity agreements redeemed | item         2          
Number of investments remeasured | item               1    
Unconsolidated Joint Ventures                    
JOINT VENTURES AND PARTNERSHIPS                    
Number Properties | property   22       22   22    
Number of apartment homes | home   5,401       5,401   5,401    
Investment in unconsolidated entities   $ 413,491       $ 413,491   $ 413,491   431,757
Income/(loss) from investments           (3,670) (2,061) (8,152) (4,137)  
Real estate technology and sustainability investments                    
JOINT VENTURES AND PARTNERSHIPS                    
UDR Commitment   86,000       86,000   86,000    
Investment in unconsolidated entities   $ 91,536       91,536   91,536   74,747
Income/(loss) from investments           $ (865) (158) $ 16,167 1,511  
Operating Community | Preferred Equity Investments                    
JOINT VENTURES AND PARTNERSHIPS                    
Number Properties | community   8       8   8    
Number of apartment homes | home   3,319       3,319   3,319    
Weighted Average Rate   10.40%       10.40%   10.40%    
UDR Commitment   $ 194,287       $ 194,287   $ 194,287    
Investment in unconsolidated entities   216,258       216,258   216,258   212,390
Income/(loss) from investments           4,490 2,837 9,140 5,793  
Debt and Preferred Equity Program | Real estate technology and sustainability investments                    
JOINT VENTURES AND PARTNERSHIPS                    
Investment in unconsolidated entities   $ 307,794       307,794   307,794   $ 287,137
Income/(loss) from investments           $ 3,625 $ 2,679 $ 25,307 $ 7,304  
Operating community 232 apartment homes in Portland, Oregon                    
JOINT VENTURES AND PARTNERSHIPS                    
Equity investments settled upon liquidation       $ 18,900            
Number of apartment homes acquired | home       232            
Gain (loss) from consolidation and remeasurement       $ 300            
Operating community 66 apartment homes in Santa Monica, California                    
JOINT VENTURES AND PARTNERSHIPS                    
Number of apartment homes acquired | home   66                
Gain (loss) from consolidation and remeasurement   $ 3,800                
Operating community 286 apartment homes in Portland, Oregon | Subsequent Event                    
JOINT VENTURES AND PARTNERSHIPS                    
Equity investments settled upon liquidation $ 27,500                  
Number of apartment homes acquired | home 286