Equity, Capital and Other Interests (Tables)

3 Months Ended

Mar. 31, 2023

Class Of Stock [Line Items]

Changes in Issued and Outstanding Common Shares and Units

The following table presents the changes in the Company’s issued and outstanding Common Shares and Units for the quarters ended March 31, 2023 and 2022:

	2023			2022
Common Shares
Common Shares outstanding at January 1,		378,429,708			375,527,195
Common Shares Issued:
Conversion of OP Units		144,567			6,756
Exercise of share options		173,249			269,665
Employee Share Purchase Plan (ESPP)		27,393			13,374
Restricted share grants, net		123,304			157,080
Common Shares outstanding at March 31,		378,898,221			375,974,070
Units
Units outstanding at January 1,		12,429,737			12,659,027
Restricted unit grants, net		229,913			220,333
Conversion of OP Units to Common Shares		(144,567	)		(6,756	)
Units outstanding at March 31,		12,515,083			12,872,604
Total Common Shares and Units outstanding at March 31,		391,413,304			388,846,674
Units Ownership Interest in Operating Partnership		3.2	%		3.3	%

Changes in Redemption Value of Redeemable Noncontrolling Interests - Operating Partnership/Redeemable Limited Partners

The following table presents the changes in the redemption value of the Redeemable Noncontrolling Interests – Operating Partnership/Redeemable Limited Partners for the quarters ended March 31, 2023 and 2022, respectively (amounts in thousands):

	2023			2022
Balance at January 1,	$	318,273		$	498,977
Change in market value		5,946			(939	)
Change in carrying value		(668	)		(2,278	)
Balance at March 31,	$	323,551		$	495,760

Issued and Outstanding Preferred Shares and Preference Units

The following table presents the Company’s issued and outstanding Preferred Shares/Preference Units as of March 31, 2023 and December 31, 2022:

				Amounts in thousands
		Annual
	Call	Dividend Per		March 31,		December 31,
	Date (1)	Share/Unit (2)		2023		2022
Preferred Shares/Preference Units of beneficial interest, $0.01 par value;    100,000,000 shares authorized:
8.29% Series K Cumulative Redeemable Preferred Shares/Preference    Units; liquidation value $50 per share/unit; 745,600 shares/units issued    and outstanding as of March 31, 2023 and December 31, 2022	12/10/26	$	4.145	$	37,280	$	37,280
				$	37,280	$	37,280

(1)On or after the call date, redeemable Preferred Shares/Preference Units may be redeemed for cash at the option of the Company or the Operating Partnership, respectively, in whole or in part, at a redemption price equal to the liquidation price per share/unit, plus accrued and unpaid distributions, if any.

(2)Dividends on Preferred Shares/Preference Units are payable quarterly.

ERPOP [Member]

Class Of Stock [Line Items]

Changes in Issued and Outstanding Common Shares and Units

The following table presents the changes in the Operating Partnership’s issued and outstanding General Partner Units and Limited Partner Units for the quarters ended March 31, 2023 and 2022:

	2023			2022
General and Limited Partner Units
General and Limited Partner Units outstanding at January 1,		390,859,445			388,186,222
Issued to General Partner:
Exercise of EQR share options		173,249			269,665
EQR’s Employee Share Purchase Plan (ESPP)		27,393			13,374
EQR’s restricted share grants, net		123,304			157,080
Issued to Limited Partners:
Restricted unit grants, net		229,913			220,333
General and Limited Partner Units outstanding at March 31,		391,413,304			388,846,674
Limited Partner Units
Limited Partner Units outstanding at January 1,		12,429,737			12,659,027
Limited Partner restricted unit grants, net		229,913			220,333
Conversion of Limited Partner OP Units to EQR Common Shares		(144,567	)		(6,756	)
Limited Partner Units outstanding at March 31,		12,515,083			12,872,604
Limited Partner Units Ownership Interest in Operating Partnership		3.2	%		3.3	%