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CONSOLIDATED BALANCE SHEETS OF ERP OPERATING LIMITED PARTNERSHIP (Unaudited) (USD $)
Jun. 30, 2013
Dec. 31, 2012
Investment in real estate    
Land $ 6,264,787,000 $ 4,554,912,000
Depreciable property 19,568,973,000 15,711,944,000
Projects under development 585,749,000 387,750,000
Land held for development 569,398,000 353,823,000
Real Estate Investment Property, at Cost 26,988,907,000 21,008,429,000
Real Estate Investment Property, Accumulated Depreciation (4,547,327,000) (4,912,221,000)
Investment in real estate, net 22,441,580,000 16,096,208,000
Cash and cash equivalents 152,564,000 612,590,000
Investments in unconsolidated entities 188,582,000 17,877,000
Deposits - restricted 197,267,000 250,442,000
Escrow deposits - mortgage 41,357,000 9,129,000
Deferred financing costs, net 71,013,000 44,382,000
Other assets 390,020,000 170,372,000
Total assets 23,482,383,000 17,201,000,000
Liabilities:    
Mortgage notes payable 6,247,612,000 3,898,369,000
Notes, net 5,475,954,000 4,630,875,000
Lines of credit 0 0
Accounts payable and accrued expenses 84,603,000 38,372,000
Accrued interest payable 86,083,000 76,223,000
Other liabilities 318,622,000 304,518,000
Security deposits 71,857,000 66,988,000
Distributions payable 150,846,000 260,176,000
Total liabilities 12,435,577,000 9,275,521,000
Commitments and contingencies      
Partners’ Capital:    
Accumulated other comprehensive (loss) (166,844,000) (193,148,000)
Noncontrolling Interests - Partially Owned Properties 107,493,000 77,688,000
Total liabilities and equity 23,482,383,000 17,201,000,000
OPERATING PARTNERSHIP
   
Investment in real estate    
Land 6,264,787,000 4,554,912,000
Depreciable property 19,568,973,000 15,711,944,000
Projects under development 585,749,000 387,750,000
Land held for development 569,398,000 353,823,000
Real Estate Investment Property, at Cost 26,988,907,000 21,008,429,000
Real Estate Investment Property, Accumulated Depreciation (4,547,327,000) (4,912,221,000)
Investment in real estate, net 22,441,580,000 16,096,208,000
Cash and cash equivalents 152,564,000 612,590,000
Investments in unconsolidated entities 188,582,000 17,877,000
Deposits - restricted 197,267,000 250,442,000
Escrow deposits - mortgage 41,357,000 9,129,000
Deferred financing costs, net 71,013,000 44,382,000
Other assets 390,020,000 170,372,000
Total assets 23,482,383,000 17,201,000,000
Liabilities:    
Mortgage notes payable 6,247,612,000 3,898,369,000
Notes, net 5,475,954,000 4,630,875,000
Lines of credit 0 0
Accounts payable and accrued expenses 84,603,000 38,372,000
Accrued interest payable 86,083,000 76,223,000
Other liabilities 318,622,000 304,518,000
Security deposits 71,857,000 66,988,000
Distributions payable 150,846,000 260,176,000
Total liabilities 12,435,577,000 9,275,521,000
Commitments and contingencies      
Redeemable Limited Partners 407,890,000 398,372,000
Partners’ Capital:    
Preference Units 50,000,000 50,000,000
General Partner 10,439,228,000 7,432,961,000
Limited Partners 209,039,000 159,606,000
Accumulated other comprehensive (loss) (166,844,000) (193,148,000)
Total partners’ capital 10,531,423,000 7,449,419,000
Noncontrolling Interests - Partially Owned Properties 107,493,000 77,688,000
Total capital 10,638,916,000 7,527,107,000
Total liabilities and equity $ 23,482,383,000 $ 17,201,000,000