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CONSOLIDATED BALANCE SHEETS OF ERP OPERATING LIMITED PARTNERSHIP (Unaudited) (USD $)
Mar. 31, 2012
Dec. 31, 2011
Investment in real estate    
Land $ 4,384,200,000 $ 4,367,816,000
Depreciable property 15,606,315,000 15,554,740,000
Projects under development 185,621,000 160,190,000
Land held for development 360,955,000 325,200,000
Investment in real estate 20,537,091,000 20,407,946,000
Accumulated depreciation (4,658,994,000) (4,539,583,000)
Investment in real estate, net 15,878,097,000 15,868,363,000
Cash and cash equivalents 219,628,000 383,921,000
Investments in unconsolidated entities 14,803,000 12,327,000
Deposits - restricted 182,182,000 152,237,000
Escrow deposits - mortgage 11,428,000 10,692,000
Deferred financing costs, net 45,861,000 44,608,000
Other assets 129,248,000 187,155,000
Total assets 16,481,247,000 16,659,303,000
Liabilities:    
Mortgage notes payable 4,056,976,000 4,111,487,000
Notes, net 5,355,590,000 5,609,574,000
Lines of credit 0 0
Accounts payable and accrued expenses 77,055,000 35,206,000
Accrued interest payable 79,489,000 88,121,000
Other liabilities 261,448,000 291,289,000
Security deposits 65,468,000 65,286,000
Distributions payable 109,043,000 179,079,000
Total liabilities 10,005,069,000 10,380,042,000
Partners' Capital:    
Accumulated other comprehensive (loss) (189,973,000) (196,718,000)
Noncontrolling Interests - Partially Owned Properties 73,915,000 74,306,000
Total liabilities and equity 16,481,247,000 16,659,303,000
OPERATING PARTNERSHIP
   
Investment in real estate    
Land 4,384,200,000 4,367,816,000
Depreciable property 15,606,315,000 15,554,740,000
Projects under development 185,621,000 160,190,000
Land held for development 360,955,000 325,200,000
Investment in real estate 20,537,091,000 20,407,946,000
Accumulated depreciation (4,658,994,000) (4,539,583,000)
Investment in real estate, net 15,878,097,000 15,868,363,000
Cash and cash equivalents 219,628,000 383,921,000
Investments in unconsolidated entities 14,803,000 12,327,000
Deposits - restricted 182,182,000 152,237,000
Escrow deposits - mortgage 11,428,000 10,692,000
Deferred financing costs, net 45,861,000 44,608,000
Other assets 129,248,000 187,155,000
Total assets 16,481,247,000 16,659,303,000
Liabilities:    
Mortgage notes payable 4,056,976,000 4,111,487,000
Notes, net 5,355,590,000 5,609,574,000
Lines of credit 0 0
Accounts payable and accrued expenses 77,055,000 35,206,000
Accrued interest payable 79,489,000 88,121,000
Other liabilities 261,448,000 291,289,000
Security deposits 65,468,000 65,286,000
Distributions payable 109,043,000 179,079,000
Total liabilities 10,005,069,000 10,380,042,000
Redeemable Limited Partners 457,224,000 416,404,000
Partners' Capital:    
Preferred Units Value Outstanding 200,000,000 200,000,000
General Partner 5,811,981,000 5,665,733,000
Limited Partners 123,031,000 119,536,000
Accumulated other comprehensive (loss) (189,973,000) (196,718,000)
Total partners' capital 5,945,039,000 5,788,551,000
Noncontrolling Interests - Partially Owned Properties 73,915,000 74,306,000
Total capital 6,018,954,000 5,862,857,000
Total liabilities and equity $ 16,481,247,000 $ 16,659,303,000