v3.26.3
REAL ESTATE OWNED - Additional Information (Details)
$ in Thousands
1 Months Ended 3 Months Ended 9 Months Ended
Sep. 30, 2026
USD ($)
property
home
state
community
Aug. 31, 2026
USD ($)
Jul. 31, 2026
USD ($)
home
Jun. 30, 2026
USD ($)
home
Apr. 30, 2026
USD ($)
home
Mar. 31, 2026
USD ($)
home
community
Sep. 30, 2026
USD ($)
property
community
state
home
Sep. 30, 2025
USD ($)
Sep. 30, 2026
USD ($)
property
community
state
home
Sep. 30, 2025
USD ($)
Dec. 31, 2025
Real estate properties                      
Number of real estate properties | community 162           162   162    
Number of states in which there are owned and consolidated communities | state 12           12   12    
Number of apartment homes owned and consolidated | home 54,222           54,222   54,222    
Gain/(loss) on sale of real estate owned     $ 75,200       $ 190,084   $ 383,204 $ 47,939  
Development costs excluding direct costs and capitalized interest             2,500 $ 1,400 8,900 5,500  
Interest capitalized during period             $ 2,600 $ 2,200 $ 7,000 $ 6,300  
235 operating community in Seattle, Washington                      
Real estate properties                      
Number of apartment homes sold | home     235                
Proceeds from sale of real estate     $ 157,000                
Gain/(loss) on sale of real estate owned     $ 93,700                
Operating community Nashville, Tennessee                      
Real estate properties                      
Number of apartment homes sold | home 177                    
Proceeds from sale of real estate $ 26,000                    
Gain/(loss) on sale of real estate owned $ 21,200                    
Home operating community in Alexandria, Virginia                      
Real estate properties                      
Number of apartment homes sold | home     396                
Proceeds from sale of real estate     $ 69,000                
Preferred Equity Investments                      
Real estate properties                      
Proceeds from sale of real estate   $ 29,500                  
UDR/LaSalle                      
Real estate properties                      
Number of real estate properties | property 10           10   10    
Number of wholly owned communities contributed     1,000                
UDR's ownership interest 51.00%   51.00%       51.00%   51.00%   51.00%
Number of apartment homes contributed | home     360                
Operating community 232 apartment homes in Portland, Oregon                      
Real estate properties                      
Number of apartment homes acquired | home         232            
Repayment of joint venture's loan         $ 53,400            
Equity investments settled upon liquidation         18,900            
Payment of cash consideration         0            
Increase from acquisition         72,100            
In-place lease intangibles         1,200            
Gain (loss) from consolidation and remeasurement         $ 300            
Four operating communities located in various markets                      
Real estate properties                      
Number of communities sold | community           4          
Number of apartment homes sold | home           1,159          
Proceeds from sale of real estate           $ 362,000          
Gain/(loss) on sale of real estate owned           $ 157,400          
Home operating apartment community                      
Real estate properties                      
Number of apartment homes acquired | home     286                
Repayment of joint venture's loan     $ 74,100                
Payment of cash consideration     0                
Increase from acquisition     102,300                
In-place lease intangibles     2,000                
Gain (loss) from consolidation and remeasurement     2,100                
Proceeds from preferred investment     $ 27,500                
Operating community Nashville, Tennessee                      
Real estate properties                      
Number of communities sold | home       206              
Proceeds from sale of real estate       $ 41,500              
Gain/(loss) on sale of real estate owned       $ 35,700              
Operating community 66 apartment homes in Santa Monica, California                      
Real estate properties                      
Number of apartment homes acquired | home       66              
Increase from acquisition       $ 45,100              
In-place lease intangibles       1,200              
Gain (loss) from consolidation and remeasurement       3,800              
OP Units Issued       $ 2,800              
Home community 482, Riverside, California                      
Real estate properties                      
Number of apartment homes acquired 483,000                    
Increase from acquisition $ 246,800                    
In-place lease intangibles 3,300           $ 3,300   $ 3,300    
Gain (loss) from consolidation and remeasurement $ 1,100