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CONSOLIDATED STATEMENTS OF CASH FLOWS OF ERP OPERATING LIMITED PARTNERSHIP (Unaudited) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 496,805 $ 827,796
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 516,940 496,383
Amortization of deferred financing costs 10,384 12,769
Amortization of discounts and premiums on debt (5,795) 144
Amortization of deferred settlements on derivative instruments 10,506 2,441
Write-off of pursuit costs 6,141 4,052
IncomeFromTechnologyInvestments 0 (4,537)
Distributions from unconsolidated entities - return on capital 454 318
Net (Gain) On Sale Of Land Parcels 0 (4,217)
Net (gain) on sales of discontinued operations (307,447) (759,100)
Loss on debt extinguishment 272 0
Unrealized (gain) loss on derivative instruments (1) 0
Compensation paid with Company Common Shares 20,836 16,722
Changes in assets and liabilities:    
(Increase) decrease in deposits - restricted (2,250) 5,101
(Increase) in other assets (14,039) 3,239
Increase in accounts payable and accrued expenses 67,479 60,608
(Decrease) in accrued interest payable (9,252) (28,736)
Increase (decrease) in other liabilities 68,492 (20,193)
Increase in security deposits 3,472 1,261
Net cash provided by operating activities 863,000 614,051
CASH FLOWS FROM INVESTING ACTIVITIES:    
Investment in real estate - acquisitions (764,859) (634,581)
Investment in real estate - development/other (116,715) (93,761)
Improvements to real estate (114,535) (106,070)
Additions to non-real estate property (6,716) (4,879)
Interest capitalized for real estate and unconsolidated entities under development (15,776) (5,931)
Proceeds from disposition of real estate, net 610,127 1,402,475
Investments in unconsolidated entities (5,423) (865)
ProceedsFromTechnologyInvestments 0 4,537
(Increase) in deposits on real estate acquisitions and investments, net 31,677 (210,170)
Decrease in mortgage deposits 230 1,916
ProceedsFromSaleOfEquityInterest 0 28,360
Acquisition of Noncontrolling Interests - Partially Owned Properties (87) (12,809)
Net cash (used for) provided by investing activities (382,077) 368,222
CASH FLOWS FROM FINANCING ACTIVITIES:    
Loan and bond acquisition costs (4,599) (8,070)
Mortgage notes payable:    
Proceeds 0 152,930
Restricted cash 2,370 16,595
Scheduled principal repayments (11,022) (12,463)
Loss on debt extinguishments (272) 0
Notes, net:    
Lump sum payoffs (253,858) (575,641)
Line of Credit Facility:    
Proceeds 392,000 213,000
Repayments 385,000 187,000
Proceeds from exercise of EQR options 46,781 94,373
Redemption of Preferred Shares Preference Units (150,000) 0
Premium on Redemption of Preferred Shares Cash (21) 0
Payment of offering costs (2,860) (2,770)
Other financing activities, net (33) (33)
Contributions - Noncontrolling Interests - Partially Owned Properties 5,992 64
Contributions - Noncontrolling Interests - Operating Partnership 5 0
Distributions:    
Noncontrolling Interests – Partially Owned Properties (4,742) (889)
Net cash (used for) financing activities (819,221) (1,367,695)
Net (decrease) increase in cash and cash equivalents (338,298) (385,422)
Cash and cash equivalents, beginning of period 383,921 431,408
Cash and cash equivalents, end of period 45,623 45,986
SUPPLEMENTAL INFORMATION:    
Cash paid for interest, net of amounts capitalized 353,329 381,194
Net cash paid for income and other taxes 573 607
Real estate acquisitions/dispositions/other:    
Mortgage loans assumed 137,644 99,131
Valuation Of OP Units Issued 66,606 0
Amortization of discounts and premiums on debt:    
Mortgage notes payable (7,462) (6,116)
Notes, net 1,667 6,260
Amortization of deferred settlements on derivative instruments:    
Other liabilities (401) (401)
Accumulated other comprehensive income (10,907) (2,842)
Unrealized (gain) loss on derivative instruments:    
Other assets 5,934 5,217
Mortgage notes payable (2,589) (464)
Notes, net (3,345) (1,476)
Other liabilities 12,336 127,090
Unrealized holding (losses) arising during the period (12,337) (130,367)
Interest capitalized for real estate and unconsolidated entities under development:    
Investment in real estate, net (15,163) (5,760)
Investment in unconsolidated entities (613) (171)
DeconsolidationOfPreviouslyConsolidatedProperties [Abstract]    
DeconsolidationOfPreviouslyConsolidatedPropertiesInvestmentInRealEstateNet 0 35,495
DeconsolidationOfPreviouslyConsolidatedPropertiesInvestmentsInUnconsolidatedEntitie 0 (7,135)
OPERATING PARTNERSHIP
   
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income 496,805 827,796
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 516,940 496,383
Amortization of deferred financing costs 10,384 12,769
Amortization of discounts and premiums on debt (5,795) 144
Amortization of deferred settlements on derivative instruments 10,506 2,441
Write-off of pursuit costs 6,141 4,052
Distributions from unconsolidated entities - return on capital 454 318
Net (Gain) On Sale Of Land Parcels 0 (4,217)
Net (gain) on sales of discontinued operations (307,447) (759,100)
Unrealized (gain) loss on derivative instruments (1) 0
Compensation paid with Company Common Shares 20,836 16,722
Changes in assets and liabilities:    
(Increase) decrease in deposits - restricted (2,250) 5,101
(Increase) in other assets (14,039) 3,239
Increase in accounts payable and accrued expenses 67,479 60,608
(Decrease) in accrued interest payable (9,252) (28,736)
Increase (decrease) in other liabilities 68,492 (20,193)
Increase in security deposits 3,472 1,261
Net cash provided by operating activities 863,000 614,051
CASH FLOWS FROM INVESTING ACTIVITIES:    
Investment in real estate - acquisitions (764,859) (634,581)
Investment in real estate - development/other (116,715) (93,761)
Improvements to real estate (114,535) (106,070)
Additions to non-real estate property (6,716) (4,879)
Interest capitalized for real estate and unconsolidated entities under development (15,776) (5,931)
Proceeds from disposition of real estate, net 610,127 1,402,475
Investments in unconsolidated entities (5,423) (865)
(Increase) in deposits on real estate acquisitions and investments, net 31,677 (210,170)
Decrease in mortgage deposits 230 1,916
ProceedsFromSaleOfEquityInterest 0 28,360
Acquisition of Noncontrolling Interests - Partially Owned Properties (87) (12,809)
Net cash (used for) provided by investing activities (382,077) 368,222
CASH FLOWS FROM FINANCING ACTIVITIES:    
Loan and bond acquisition costs (4,599) (8,070)
Mortgage notes payable:    
Proceeds 0 152,930
Restricted cash 2,370 16,595
Lump sum payoffs (279,943) (859,066)
Scheduled principal repayments (11,022) (12,463)
Notes, net:    
Lump sum payoffs (253,858) (575,641)
Line of Credit Facility:    
Proceeds 392,000 213,000
Repayments (385,000) (187,000)
Proceeds from sale of OP Units 220,753 154,508
Proceeds from EQR's Employee Share Purchase Plan (ESPP) 4,944 4,558
Proceeds from exercise of EQR options 46,781 94,373
Payment of offering costs (2,860) (2,770)
Contributions - Noncontrolling Interests - Partially Owned Properties 5,992 64
Contributions - Noncontrolling Interests - Operating Partnership 5 0
Distributions:    
OP Units - General Partner (371,319) (331,928)
Preference Units (11,344) (10,399)
OP Units - Limited Partners (17,053) (15,464)
Noncontrolling Interests – Partially Owned Properties (4,742) (889)
Net cash (used for) financing activities (819,221) (1,367,695)
Net (decrease) increase in cash and cash equivalents (338,298) (385,422)
Cash and cash equivalents, beginning of period 383,921 431,408
Cash and cash equivalents, end of period 45,623 45,986
SUPPLEMENTAL INFORMATION:    
Cash paid for interest, net of amounts capitalized 353,329 381,194
Net cash paid for income and other taxes 573 607
Real estate acquisitions/dispositions/other:    
Mortgage loans assumed 137,644 99,131
Amortization of discounts and premiums on debt:    
Mortgage notes payable (7,462) (6,116)
Notes, net 1,667 6,260
Amortization of deferred settlements on derivative instruments:    
Other liabilities (401) (401)
Accumulated other comprehensive income 10,907 2,842
Unrealized (gain) loss on derivative instruments:    
Other assets 5,934 5,217
Mortgage notes payable (2,589) (464)
Notes, net (3,345) (1,476)
Other liabilities 12,336 127,090
Unrealized holding (losses) arising during the period (12,337) (130,367)
Interest capitalized for real estate and unconsolidated entities under development:    
Investment in real estate, net (15,163) (5,760)
Investment in unconsolidated entities (613) (171)
Other:    
Receivable on sale of OP Units $ 28,457 $ 0