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CONSOLIDATED BALANCE SHEETS OF ERP OPERATING LIMITED PARTNERSHIP (Unaudited) (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
Investment in real estate    
Land $ 4,161,358 $ 4,110,275
Depreciable property 15,046,250 15,226,512
Projects under development 115,085 130,337
Land held for development 214,495 235,247
Investment in real estate 19,537,188 19,702,371
Accumulated depreciation (4,307,406) (4,337,357)
Investment in real estate, net 15,229,782 15,365,014
Cash and cash equivalents 604,764 431,408
Investments in unconsolidated entities 3,623 3,167
Deposits - restricted 361,831 180,987
Escrow deposits - mortgage 10,905 12,593
Deferred financing costs, net 35,451 42,033
Other assets 151,766 148,992
Total assets 16,398,122 16,184,194
Liabilities:    
Mortgage notes payable 4,352,372 4,762,896
Notes, net 5,096,250 5,185,180
Lines of credit 0 0
Accounts payable and accrued expenses 69,118 39,452
Accrued interest payable 92,584 98,631
Other liabilities 306,503 304,202
Security deposits 60,779 60,812
Distributions payable 106,566 140,905
Total liabilities 10,084,172 10,592,078
Commitments and contingencies    
Partners' Capital:    
Accumulated other comprehensive (loss) (80,553) (57,818)
Noncontrolling Interests - Partially Owned Properties 3,295 7,991
Total liabilities and equity 16,398,122 16,184,194
OPERATING PARTNERSHIP
   
Investment in real estate    
Land 4,161,358 4,110,275
Depreciable property 15,046,250 15,226,512
Projects under development 115,085 130,337
Land held for development 214,495 235,247
Investment in real estate 19,537,188 19,702,371
Accumulated depreciation (4,307,406) (4,337,357)
Investment in real estate, net 15,229,782 15,365,014
Cash and cash equivalents 604,764 431,408
Investments in unconsolidated entities 3,623 3,167
Deposits - restricted 361,831 180,987
Escrow deposits - mortgage 10,905 12,593
Deferred financing costs, net 35,451 42,033
Other assets 151,766 148,992
Total assets 16,398,122 16,184,194
Liabilities:    
Mortgage notes payable 4,352,372 4,762,896
Notes, net 5,096,250 5,185,180
Lines of credit 0 0
Accounts payable and accrued expenses 69,118 39,452
Accrued interest payable 92,584 98,631
Other liabilities 306,503 304,202
Security deposits 60,779 60,812
Distributions payable 106,566 140,905
Total liabilities 10,084,172 10,592,078
Commitments and contingencies    
Redeemable Limited Partners 438,141 383,540
Partners' Capital:    
Preference Units 200,000 200,000
General Partner 5,631,049 4,948,004
Limited Partners 122,018 110,399
Accumulated other comprehensive (loss) (80,553) (57,818)
Total partners' capital 5,872,514 5,200,585
Noncontrolling Interests - Partially Owned Properties 3,295 7,991
Total capital 5,875,809 5,208,576
Total liabilities and equity $ 16,398,122 $ 16,184,194