Why Invest In UDR, Inc.

Why Invest In UDR, Inc.

Income Statement

Financial Highlights
2020 FQ1 YTD
3/31/2020
2019 FY
12/31/2019
2018 FY
12/31/2018
2017 FY
12/31/2017
2016 FY
12/31/2016
Revenues ($000)
Interest Income 2,600 6,904 4,635 1,971 1,930
Rental Revenue 320,093 1,138,138 1,035,105 984,309 948,461
Operating RE Revenue 0 0 0 0 0
Partnership Income 3,367 12,466 (5,055) (4,106) 5,402
Property Management Revenue 1,388 14,055 11,754 11,482 11,400
Franchise Fees 0 0 0 0 0
Nonrecurring Revenue 0 0 2,100 14,800 2,436
Other Noninterest Income 100 8,500 0 0 0
Revenue 327,548 1,180,063 1,048,539 1,008,456 969,629
Expenses ($000)
Interest Expense 39,317 141,323 130,869 119,499 121,302
Rental Operating Expense 99,594 343,767 315,090 294,866 283,025
Operating RE Expense 0 0 0 0 0
Real Estate Depreciation & Amortization 155,476 501,257 429,006 430,054 419,615
Provision for Loan Losses 0 0 0 0 0
Advisory Fees 0 0 0 0 0
Non-Real Estate Depreciation 2,025 6,666 6,673 6,408 6,023
General & Administrative Expense 21,781 81,304 73,712 74,639 75,240
Property Acquisition Fees 0 0 0 371 213
Asset Writedowns 0 0 0 0 0
Other Nonrecurring Expense 3,651 33,018 7,156 14,171 2,852
Other Expense 0 0 0 0 0
Expense 321,844 1,107,335 962,506 940,008 908,270
Net Income ($000)
Net Income before Gain on Sale of Real Estate 5,704 72,728 86,033 68,448 61,359
Gain on Sale of Real Estate 0 130,689 136,197 63,967 273,031
Total Minority Interest Expense 0 0 0 0 0
Provision for Taxes 164 3,838 688 (240) 14,010
Trust Preferred Distributions 0 0 0 0 0
Net Income before Extra 5,540 199,579 221,542 132,655 320,380
Extraordinary Items 0 0 0 0 0
Net Income 5,540 199,579 221,542 132,655 320,380
Net Income Attributable to Noncontrolling Int 319 14,614 18,436 11,097 27,662
Net Income Attributable to Parent 5,221 184,965 203,106 121,558 292,718
Preferred Dividends 1,066 4,104 3,868 3,708 3,717
Issue Costs of Redeemed Preferred Stock 0 0 0 0 0
Net Income Avail to Common 4,155 180,861 199,238 117,850 289,001
FFO 169,832 633,383 574,122 542,624 530,813
Adjusted FFO 164,485 597,229 534,783 508,840 480,662
Distributable Income NA NA NA NA NA
Per Share Information ($)
Diluted EPS after Extraordinary 0.01 0.63 0.74 0.44 1.08
FFO/ Share 0.53 2.03 1.93 1.83 1.80
AFFO per Share 0.51 1.92 1.80 1.72 1.63
Distributable Income per Share NA NA NA NA NA
Regular Dividends Paid 0.34 1.35 1.28 1.23 1.16
Regular Dividends Declared 0.36 1.37 1.29 1.24 1.18
Total Dividends Paid 0.34 1.35 1.28 1.23 1.16
Common Dividends Declared per Share 0.36 1.37 1.29 1.24 1.18
Avg Diluted Shares Out(actual) 295,159,783 286,014,955 269,483,233 268,830,221 267,310,948
Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.