Equity, Capital and Other Interests (Tables)

9 Months Ended

Sep. 30, 2015

Common shares and units rollforward

The following tables present the changes in the Company’s issued and outstanding Common Shares and “Units” (which includes OP Units and restricted units (formerly known as Long-Term Incentive Plan (“LTIP”) Units)) for the nine months ended September 30, 2015:

	2015
Common Shares
Common Shares outstanding at January 1,	362,855,454
Common Shares Issued:
Conversion of OP Units	181,753
Exercise of share options	882,764
Employee Share Purchase Plan (ESPP)	52,869
Restricted share grants, net	168,484
Common Shares Other:
Conversion of restricted shares to restricted units	(1,284	)
Common Shares outstanding at September 30,	364,140,040
Units
Units outstanding at January 1,	14,298,691
Restricted units, net	337,505
Conversion of restricted shares to restricted units	1,284
Conversion of OP Units to Common Shares	(181,753	)
Units outstanding at September 30,	14,455,727
Total Common Shares and Units outstanding at September 30,	378,595,767
Units Ownership Interest in Operating Partnership	3.8	%

Redeemable Noncontrolling Interest [Table Text Block]

The following table presents the changes in the redemption value of the Redeemable Noncontrolling Interests – Operating Partnership for the nine months ended September 30, 2015 (amounts in thousands):

	2015
Balance at January 1,	$	500,733
Change in market value	20,262
Change in carrying value	1,590
Balance at September 30,	$	522,585

Schedule Of Preferred Stock [Table Text Block]

The following table presents the Company’s issued and outstanding Preferred Shares as of September 30, 2015 and December 31, 2014:

				Amounts in thousands
	Redemption Date (1)	Annual Dividend per Share (2)		September 30, 2015		December 31, 2014
Preferred Shares of beneficial interest, $0.01 par value; 100,000,000 shares authorized:
8.29% Series K Cumulative Redeemable Preferred; liquidation value $50 per share; 803,600 shares issued and outstanding at September 30, 2015 and 1,000,000 shares issued and outstanding at December 31, 2014 (3)	12/10/26		$4.145	$	40,180	$	50,000
				$	40,180	$	50,000

(1) On or after the redemption date, redeemable preferred shares may be redeemed for cash at the option of the Company, in whole or

in part, at a redemption price equal to the liquidation price per share, plus accrued and unpaid distributions, if any.

(2) Dividends on Preferred Shares are payable quarterly.

(3) Effective January 26, 2015, the Company repurchased and retired 196,400 Series K Preferred Shares with a par value of $9.82 million for total cash consideration of approximately $12.7 million. As a result of this partial redemption, the Company incurred a cash charge of approximately $2.8 million which was recorded as a premium on the redemption of Preferred Shares.

ERPOP [Member]

Common shares and units rollforward

The following tables present the changes in the Operating Partnership’s issued and outstanding Units and in the limited partners’ Units for the nine months ended September 30, 2015:

	2015
General and Limited Partner Units
General and Limited Partner Units outstanding at January 1,	377,154,145
Issued to General Partner:
Exercise of EQR share options	882,764
EQR’s Employee Share Purchase Plan (ESPP)	52,869
EQR's restricted share grants, net	168,484
Issued to Limited Partners:
Restricted units, net	337,505
General and Limited Partner Units outstanding at September 30,	378,595,767
Limited Partner Units
Limited Partner Units outstanding at January 1,	14,298,691
Limited Partner restricted units, net	337,505
Conversion of EQR restricted shares to restricted units	1,284
Conversion of Limited Partner OP Units to EQR Common Shares	(181,753	)
Limited Partner Units outstanding at September 30,	14,455,727
Limited Partner Units Ownership Interest in Operating Partnership	3.8	%

Redeemable Noncontrolling Interest [Table Text Block]

The following table presents the changes in the redemption value of the Redeemable Limited Partners for the nine months ended September 30, 2015 (amounts in thousands):

	2015
Balance at January 1,	$	500,733
Change in market value	20,262
Change in carrying value	1,590
Balance at September 30,	$	522,585

Schedule Of Preferred Stock [Table Text Block]

The following table presents the Operating Partnership’s issued and outstanding “Preference Units” as of September 30, 2015 and December 31, 2014:

				Amounts in thousands
	Redemption Date (1)	Annual Dividend per Unit (2)		September 30, 2015		December 31, 2014
Preference Units:
8.29% Series K Cumulative Redeemable Preference Units; liquidation value $50 per unit; 803,600 units issued and outstanding at September 30, 2015 and 1,000,000 units issued and outstanding at December 31, 2014 (3)	12/10/26		$4.145	$	40,180	$	50,000
				$	40,180	$	50,000

(1) On or after the redemption date, redeemable preference units may be redeemed for cash at the option of the Operating Partnership, in whole or in part, at a redemption price equal to the liquidation price per unit, plus accrued and unpaid distributions, if any, in conjunction with the concurrent redemption of the corresponding Company Preferred Shares.

(2) Dividends on Preference Units are payable quarterly.

(3) Effective January 26, 2015, the Operating Partnership repurchased and retired 196,400 Series K Preference Units with a par value of $9.82 million for total cash consideration of approximately $12.7 million, in conjunction with the concurrent redemption of the corresponding Company Preferred Shares. As a result of this partial redemption, the Operating Partnership incurred a cash charge of approximately $2.8 million which was recorded as a premium on the redemption of Preference Units.