CONSOLIDATED BALANCE SHEETS OF ERP OPERATING LIMITED PARTNERSHIP (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Investment in real estate
Land	$ 6,374,779	$ 6,295,404
Depreciable property	20,290,324	19,851,504
Projects under development	1,240,244	1,343,919
Land held for development	127,559	184,556
Investment in real estate	28,032,906	27,675,383
Real Estate Investment Property, Accumulated Depreciation	(5,736,913)	(5,432,805)
Investment in real estate, net	22,295,993	22,242,578
Cash and cash equivalents	92,109	40,080
Investments in unconsolidated entities	94,718	105,434
Deposits - restricted	103,508	72,303
Escrow deposits - mortgage	52,862	48,085
Deferred financing costs, net	59,605	58,380
Other assets	383,035	383,754
Total assets	23,081,830	22,950,614
Liabilities:
Mortgage notes payable	4,952,579	5,086,515
Notes, net	5,875,328	5,425,346
Line of credit and commercial paper	0	333,000
Accounts payable and accrued expenses	193,096	153,590
Accrued interest payable	87,131	89,540
Other liabilities	355,632	389,915
Security deposits	76,112	75,633
Distributions payable	209,041	188,566
Total liabilities	11,748,919	11,742,105
Partners’ Capital:
Accumulated other comprehensive (loss)	(163,855)	(172,152)
Noncontrolling Interests - Partially Owned Properties	122,368	124,909
Total liabilities and equity	23,081,830	22,950,614
OPERATING PARTNERSHIP
Investment in real estate
Land	6,374,779	6,295,404
Depreciable property	20,290,324	19,851,504
Projects under development	1,240,244	1,343,919
Land held for development	127,559	184,556
Investment in real estate	28,032,906	27,675,383
Real Estate Investment Property, Accumulated Depreciation	(5,736,913)	(5,432,805)
Investment in real estate, net	22,295,993	22,242,578
Cash and cash equivalents	92,109	40,080
Investments in unconsolidated entities	94,718	105,434
Deposits - restricted	103,508	72,303
Escrow deposits - mortgage	52,862	48,085
Deferred financing costs, net	59,605	58,380
Other assets	383,035	383,754
Total assets	23,081,830	22,950,614
Liabilities:
Mortgage notes payable	4,952,579	5,086,515
Notes, net	5,875,328	5,425,346
Line of credit and commercial paper	0	333,000
Accounts payable and accrued expenses	193,096	153,590
Accrued interest payable	87,131	89,540
Other liabilities	355,632	389,915
Security deposits	76,112	75,633
Distributions payable	209,041	188,566
Total liabilities	$ 11,748,919	$ 11,742,105
Commitments and contingencies
Redeemable Limited Partners	$ 488,178	$ 500,733
Partners’ Capital:
Preferred Units	40,180	50,000
General Partner	10,624,439	10,490,608
Limited Partners	221,601	214,411
Accumulated other comprehensive (loss)	(163,855)	(172,152)
Total partners’ capital	10,722,365	10,582,867
Noncontrolling Interests - Partially Owned Properties	122,368	124,909
Total capital	10,844,733	10,707,776
Total liabilities and equity	$ 23,081,830	$ 22,950,614