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CONSOLIDATED BALANCE SHEETS OF ERP OPERATING LIMITED PARTNERSHIP - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
ASSETS    
Land $ 5,580,878 $ 5,814,790
Depreciable property 22,334,369 22,370,811
Projects under development 112,940 24,307
Land held for development 60,567 62,998
Investment in real estate 28,088,754 28,272,906
Accumulated depreciation (9,027,850) (8,354,282)
Investment in real estate, net 19,060,904 19,918,624
Investments in unconsolidated entities 279,024 127,448
Cash and cash equivalents 53,869 123,832
Restricted deposits 83,303 236,404
Right-of-use assets 462,956 474,713
Other assets 278,206 288,220
Total assets 20,218,262 21,169,241
Liabilities:    
Mortgage notes payable, net 1,953,438 2,191,201
Notes, net 5,342,329 5,835,222
Line of credit and commercial paper 129,955 315,030
Accounts payable and accrued expenses 96,028 107,013
Accrued interest payable 66,310 69,510
Lease liabilities 308,748 312,335
Other liabilities 306,941 353,102
Security deposits 68,940 66,141
Distributions payable 244,621 233,502
Total liabilities 8,517,310 9,483,056
Commitments and contingencies
Partners’ Capital:    
Accumulated other comprehensive income (loss) (2,547) (34,272)
Noncontrolling Interests – Partially Owned Properties (721) 18,166
Total liabilities and equity/capital 20,218,262 21,169,241
ERPOP [Member]    
ASSETS    
Land 5,580,878 5,814,790
Depreciable property 22,334,369 22,370,811
Projects under development 112,940 24,307
Land held for development 60,567 62,998
Investment in real estate 28,088,754 28,272,906
Accumulated depreciation (9,027,850) (8,354,282)
Investment in real estate, net 19,060,904 19,918,624
Investments in unconsolidated entities 279,024 127,448
Cash and cash equivalents 53,869 123,832
Restricted deposits 83,303 236,404
Right-of-use assets 462,956 474,713
Other assets 278,206 288,220
Total assets 20,218,262 21,169,241
Liabilities:    
Mortgage notes payable, net 1,953,438 2,191,201
Notes, net 5,342,329 5,835,222
Line of credit and commercial paper 129,955 315,030
Accounts payable and accrued expenses 96,028 107,013
Accrued interest payable 66,310 69,510
Lease liabilities 308,748 312,335
Other liabilities 306,941 353,102
Security deposits 68,940 66,141
Distributions payable 244,621 233,502
Total liabilities 8,517,310 9,483,056
Commitments and contingencies
Redeemable Limited Partners 318,273 498,977
Partners’ Capital:    
Preference Units 37,280 37,280
General Partner 11,138,706 10,951,940
Limited Partners 209,961 214,094
Accumulated other comprehensive income (loss) (2,547) (34,272)
Total partners’ capital 11,383,400 11,169,042
Noncontrolling Interests – Partially Owned Properties (721) 18,166
Total capital 11,382,679 11,187,208
Total liabilities and equity/capital $ 20,218,262 $ 21,169,241