XML 49 R47.htm IDEA: XBRL DOCUMENT v2.4.0.6
Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2011
Commitments and Contingencies [Abstract]  
Schedule of Contractural Obligations [Table Text Block]
The following table summarizes the Company’s contractual obligations for minimum rent payments under operating leases and deferred compensation for the next five years and thereafter as of December 31, 2011:
Payments Due by Year (in thousands)
 
 
2012
 
2013
 
2014
 
2015
 
2016
 
Thereafter
 
Total
Operating Leases:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

Minimum Rent Payments (a)
 
$
6,445

 
$
7,159

 
$
8,550

 
$
9,241

 
$
9,196

 
$
699,959

 
$
740,550

Other Long-Term Liabilities:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

Deferred Compensation (b)
 
1,767

 
1,480

 
1,672

 
1,671

 
1,671

 
7,472

 
15,733


(a)
Minimum basic rent due for various office space the Company leases and fixed base rent due on ground leases for five properties/parcels.
(b)
Estimated payments to EQR's Chairman, Vice Chairman and two former CEO’s based on actual and planned retirement dates.