| Earnings Per Share And Earnings Per Unit [Text Block] |
10. Earning Per Share and Earnings Per Unit
Equity Residential
The following tables set forth the computation of net income per share – basic and net income per share – diluted for the Company (amounts in thousands except per share amounts): | | | | | | | | | | | | | | | | | | | | Six Months Ended June 30, | | Quarter Ended June 30, | | | 2015 | | 2014 | | 2015 | | 2014 | Numerator for net income per share – basic: | | | | | | | | | Income from continuing operations | | $ | 488,573 |
| | $ | 198,890 |
| | $ | 298,504 |
| | $ | 117,210 |
| Allocation to Noncontrolling Interests – Operating Partnership, net | | (18,403 | ) | | (7,475 | ) | | (11,350 | ) | | (4,422 | ) | Net (income) attributable to Noncontrolling Interests – Partially Owned Properties | | (1,487 | ) | | (1,092 | ) | | (844 | ) | | (588 | ) | Preferred distributions | | (1,724 | ) | | (2,072 | ) | | (833 | ) | | (1,036 | ) | Premium on redemption of Preferred Shares | | (2,789 | ) | | — |
| | — |
| | — |
| Income from continuing operations available to Common Shares, net of
Noncontrolling Interests | | 464,170 |
| | 188,251 |
| | 285,477 |
| | 111,164 |
| Discontinued operations, net of Noncontrolling Interests | | 259 |
| | 1,502 |
| | 110 |
| | 490 |
| Numerator for net income per share – basic | | $ | 464,429 |
| | $ | 189,753 |
| | $ | 285,587 |
| | $ | 111,654 |
| Numerator for net income per share – diluted: | | | | | | | | | Income from continuing operations | | $ | 488,573 |
| | $ | 198,890 |
| | $ | 298,504 |
| | $ | 117,210 |
| Net (income) attributable to Noncontrolling Interests – Partially Owned Properties | | (1,487 | ) | | (1,092 | ) | | (844 | ) | | (588 | ) | Preferred distributions | | (1,724 | ) | | (2,072 | ) | | (833 | ) | | (1,036 | ) | Premium on redemption of Preferred Shares | | (2,789 | ) | | — |
| | — |
| | — |
| Income from continuing operations available to Common Shares | | 482,573 |
| | 195,726 |
| | 296,827 |
| | 115,586 |
| Discontinued operations, net | | 269 |
| | 1,562 |
| | 114 |
| | 510 |
| Numerator for net income per share – diluted | | $ | 482,842 |
| | $ | 197,288 |
| | $ | 296,941 |
| | $ | 116,096 |
| Denominator for net income per share – basic and diluted: | | | | | | | | | Denominator for net income per share – basic | | 363,288 |
| | 360,641 |
| | 363,476 |
| | 360,809 |
| Effect of dilutive securities: | | | | | | | | | OP Units | | 13,592 |
| | 13,736 |
| | 13,587 |
| | 13,742 |
| Long-term compensation shares/units | | 3,466 |
| | 2,403 |
| | 3,428 |
| | 2,567 |
| Denominator for net income per share – diluted
| | 380,346 |
| | 376,780 |
| | 380,491 |
| | 377,118 |
| Net income per share – basic | | $ | 1.28 |
| | $ | 0.53 |
| | $ | 0.79 |
| | $ | 0.31 |
| Net income per share – diluted | | $ | 1.27 |
| | $ | 0.52 |
| | $ | 0.78 |
| | $ | 0.31 |
| Net income per share – basic: | | | | | | | | | Income from continuing operations available to Common Shares, net of
Noncontrolling Interests | | $ | 1.28 |
| | $ | 0.52 |
| | $ | 0.79 |
| | $ | 0.31 |
| Discontinued operations, net of Noncontrolling Interests | | — |
| | 0.01 |
| | — |
| | — |
| Net income per share – basic | | $ | 1.28 |
| | $ | 0.53 |
| | $ | 0.79 |
| | $ | 0.31 |
| Net income per share – diluted: | | | | | | | | | Income from continuing operations available to Common Shares | | $ | 1.27 |
| | $ | 0.52 |
| | $ | 0.78 |
| | $ | 0.31 |
| Discontinued operations, net | | — |
| | — |
| | — |
| | — |
| Net income per share – diluted | | $ | 1.27 |
| | $ | 0.52 |
| | $ | 0.78 |
| | $ | 0.31 |
|
ERP Operating Limited Partnership
The following tables set forth the computation of net income per Unit – basic and net income per Unit – diluted for the Operating Partnership (amounts in thousands except per Unit amounts):
| | | | | | | | | | | | | | | | | | | | Six Months Ended June 30, | | Quarter Ended June 30, | | | 2015 | | 2014 | | 2015 | | 2014 | Numerator for net income per Unit – basic and diluted: | | | | | | | | | Income from continuing operations | | $ | 488,573 |
| | $ | 198,890 |
| | $ | 298,504 |
| | $ | 117,210 |
| Net (income) attributable to Noncontrolling Interests – Partially Owned Properties | | (1,487 | ) | | (1,092 | ) | | (844 | ) | | (588 | ) | Allocation to Preference Units | | (1,724 | ) | | (2,072 | ) | | (833 | ) | | (1,036 | ) | Allocation to premium on redemption of Preference Units | | (2,789 | ) | | — |
| | — |
| | — |
| Income from continuing operations available to Units | | 482,573 |
| | 195,726 |
| | 296,827 |
| | 115,586 |
| Discontinued operations, net | | 269 |
| | 1,562 |
| | 114 |
| | 510 |
| Numerator for net income per Unit – basic and diluted | | $ | 482,842 |
| | $ | 197,288 |
| | $ | 296,941 |
| | $ | 116,096 |
| Denominator for net income per Unit – basic and diluted: | | | | | | | | | Denominator for net income per Unit – basic | | 376,880 |
| | 374,377 |
| | 377,063 |
| | 374,551 |
| Effect of dilutive securities: | | | | | | | | | Dilution for Units issuable upon assumed exercise/vesting of the Company’s
long-term compensation shares/units | | 3,466 |
| | 2,403 |
| | 3,428 |
| | 2,567 |
| Denominator for net income per Unit – diluted | | 380,346 |
| | 376,780 |
| | 380,491 |
| | 377,118 |
| Net income per Unit – basic | | $ | 1.28 |
| | $ | 0.53 |
| | $ | 0.79 |
| | $ | 0.31 |
| Net income per Unit – diluted | | $ | 1.27 |
| | $ | 0.52 |
| | $ | 0.78 |
| | $ | 0.31 |
| Net income per Unit – basic: | | | | | | | | | Income from continuing operations available to Units | | $ | 1.28 |
| | $ | 0.52 |
| | $ | 0.79 |
| | $ | 0.31 |
| Discontinued operations, net | | — |
| | 0.01 |
| | — |
| | — |
| Net income per Unit – basic | | $ | 1.28 |
| | $ | 0.53 |
| | $ | 0.79 |
| | $ | 0.31 |
| Net income per Unit – diluted: | | | | | | | | | Income from continuing operations available to Units | | $ | 1.27 |
| | $ | 0.52 |
| | $ | 0.78 |
| | $ | 0.31 |
| Discontinued operations, net | | — |
| | — |
| | — |
| | — |
| Net income per Unit – diluted | | $ | 1.27 |
| | $ | 0.52 |
| | $ | 0.78 |
| | $ | 0.31 |
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