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CONSOLIDATED BALANCE SHEETS OF ERP OPERATING LIMITED PARTNERSHIP (Unaudited) (USD $)
Dec. 31, 2011
Dec. 31, 2010
Investment in real estate    
Land $ 4,367,816,000 $ 4,110,275,000
Depreciable property 15,554,740,000 15,226,512,000
Projects under development 160,190,000 130,337,000
Land held for development 325,200,000 235,247,000
Investment in real estate 20,407,946,000 19,702,371,000
Accumulated depreciation (4,539,583,000) (4,337,357,000)
Investment in real estate, net 15,868,363,000 15,365,014,000
Cash and cash equivalents 383,921,000 431,408,000
Investments in unconsolidated entities 12,327,000 3,167,000
Deposits - restricted 152,237,000 180,987,000
Escrow deposits - mortgage 10,692,000 12,593,000
Deferred financing costs, net 44,608,000 42,033,000
Other assets 187,155,000 148,992,000
Total assets 16,659,303,000 16,184,194,000
Liabilities:    
Mortgage notes payable 4,111,487,000 4,762,896,000
Notes, net 5,609,574,000 5,185,180,000
Lines of credit 0 0
Accounts payable and accrued expenses 35,206,000 39,452,000
Accrued interest payable 88,121,000 98,631,000
Other liabilities 291,289,000 304,202,000
Security deposits 65,286,000 60,812,000
Distributions payable 179,079,000 140,905,000
Total liabilities 10,380,042,000 10,592,078,000
Commitments and contingencies      
Partners' Capital:    
Accumulated other comprehensive (loss) (196,718,000) (57,818,000)
Noncontrolling Interests - Partially Owned Properties 74,306,000 7,991,000
Total liabilities and equity 16,659,303,000 16,184,194,000
OPERATING PARTNERSHIP
   
Investment in real estate    
Land 4,367,816,000 4,110,275,000
Depreciable property 15,554,740,000 15,226,512,000
Projects under development 160,190,000 130,337,000
Land held for development 325,200,000 235,247,000
Investment in real estate 20,407,946,000 19,702,371,000
Accumulated depreciation (4,539,583,000) (4,337,357,000)
Investment in real estate, net 15,868,363,000 15,365,014,000
Cash and cash equivalents 383,921,000 431,408,000
Investments in unconsolidated entities 12,327,000 3,167,000
Deposits - restricted 152,237,000 180,987,000
Escrow deposits - mortgage 10,692,000 12,593,000
Deferred financing costs, net 44,608,000 42,033,000
Other assets 187,155,000 148,992,000
Total assets 16,659,303,000 16,184,194,000
Liabilities:    
Mortgage notes payable 4,111,487,000 4,762,896,000
Notes, net 5,609,574,000 5,185,180,000
Lines of credit 0 0
Accounts payable and accrued expenses 35,206,000 39,452,000
Accrued interest payable 88,121,000 98,631,000
Other liabilities 291,289,000 304,202,000
Security deposits 65,286,000 60,812,000
Distributions payable 179,079,000 140,905,000
Total liabilities 10,380,042,000 10,592,078,000
Redeemable Limited Partners 416,404,000 383,540,000
Partners' Capital:    
Preference Units 200,000,000 200,000,000
General Partner 5,665,733,000 4,948,004,000
Limited Partners 119,536,000 110,399,000
Accumulated other comprehensive (loss) (196,718,000) (57,818,000)
Total partners' capital 5,788,551,000 5,200,585,000
Noncontrolling Interests - Partially Owned Properties 74,306,000 7,991,000
Total capital 5,862,857,000 5,208,576,000
Total liabilities and equity $ 16,659,303,000 $ 16,184,194,000