UDR, Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported rental income of $187,224,000 against $175,231,000 a year ago period. Operating income was $30,485,000 against $15,607,000 a year ago. Loss from continuing operations was $309,000 against income from continuing operations of $1,741,000 a year ago period. Net loss was $309,000 against net income of $86,628,000 a year ago period. Net loss attributable to company was $268,000 against net income attributable to company of $83,156,000 a year ago. Net loss attributable to common stockholders was $1,199,000 or $0.00 per basic and diluted share against net income attributable to common stockholders of $80,848,000 or $0.37 per basic and diluted share a year ago period. Funds from operations diluted were $92,138,000 or $0.35 per diluted share against $83,520,000 or $0.35 per diluted share a year ago period. FFO as Adjusted, diluted was $89,304,000 or $0.34 per share against $79,698,000 or $0.34 per share a year ago period. EBITDA was $122,292,000. EBITDA - adjusted for non-recurring items was $119,458,000. Net debt was $3,491,986,000. The company also provided earnings guidance for the second quarter of 2013. For the quarter, the company expected earnings per diluted share to be in the range of $0.03 per share to $0.01 per share. FFO per diluted share is expected to be in the range of $0.33 per share to $0.35 per share. FFO as Adjusted per diluted share is expected to be in the range of $0.33 per share to $0.35 per share. Recurring capital expenditures is expected to be 0.06. Adjusted FFO per diluted share is expected to be $0.27 per share to $0.29 per share. For the full-year 2013, the company increased its FFO per share guidance range by $0.01 due to the impact of hurricane related recoveries. The company's FFO as Adjusted and AFFO per share guidance ranges were reaffirmed and remain unchanged. FFO per share is expected to be $1.36 per share to $1.42 per share. FFO as Adjusted per share is expected to be $1.33 per share to $1.39 per share. AFFO is expected to be $1.17 per share to $1.23 per share. Recurring capital expenditures is expected to be $0.16. The company continues to target $1,020 in maintenance CapEx per home in 2013.

UDR, Inc., Annual General Meeting, May 23, 2013., at 10:00 Mountain Daylight. Location: Hyatt Regency Denver, 650 15th Street. Agenda: To elect eight directors to serve for the ensuing year; to ratify the appointment of Ernst & Young LLP to serve as independent registered public accounting firm for the year ending December 31, 2013; to vote to approve, on an advisory basis, the compensation of named executive officers disclosed in this proxy statement; and to transact such other business as may properly come before the meeting and any adjournment or postponement of the meeting.

UDR, Inc., Q1 2013 Earnings Call, Apr 30, 2013