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CONSOLIDATED BALANCE SHEETS OF ERP OPERATING LIMITED PARTNERSHIP (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
ASSETS    
Land $ 5,559,883 $ 5,580,878
Depreciable property 22,343,556 22,334,369
Projects under development 132,341 112,940
Land held for development 60,665 60,567
Investment in real estate 28,096,445 28,088,754
Accumulated depreciation (9,207,194) (9,027,850)
Investment in real estate, net 18,889,251 19,060,904
Investments in unconsolidated entities 292,279 279,024
Cash and cash equivalents 133,460 53,869
Restricted deposits 85,625 83,303
Right-of-use assets 466,911 462,956
Other assets 235,000 278,206
Total assets 20,102,526 20,218,262
Liabilities:    
Mortgage notes payable, net 1,968,243 1,953,438
Notes, net 5,343,851 5,342,329
Line of credit and commercial paper   129,955
Accounts payable and accrued expenses 144,660 96,028
Accrued interest payable 49,776 66,310
Lease liabilities 314,854 308,748
Other liabilities 283,418 306,941
Security deposits 68,728 68,940
Distributions payable 258,992 244,621
Total liabilities 8,432,522 8,517,310
Commitments and contingencies
Redeemable Limited Partners 323,551 318,273
Partners’ Capital:    
Accumulated other comprehensive income (loss) (11,232) (2,547)
Noncontrolling Interests – Partially Owned Properties (2,553) (721)
Total liabilities and equity 20,102,526 20,218,262
ERPOP [Member]    
ASSETS    
Land 5,559,883 5,580,878
Depreciable property 22,343,556 22,334,369
Projects under development 132,341 112,940
Land held for development 60,665 60,567
Investment in real estate 28,096,445 28,088,754
Accumulated depreciation (9,207,194) (9,027,850)
Investment in real estate, net 18,889,251 19,060,904
Investments in unconsolidated entities 292,279 279,024
Cash and cash equivalents 133,460 53,869
Restricted deposits 85,625 83,303
Right-of-use assets 466,911 462,956
Other assets 235,000 278,206
Total assets 20,102,526 20,218,262
Liabilities:    
Mortgage notes payable, net 1,968,243 1,953,438
Notes, net 5,343,851 5,342,329
Line of credit and commercial paper   129,955
Accounts payable and accrued expenses 144,660 96,028
Accrued interest payable 49,776 66,310
Lease liabilities 314,854 308,748
Other liabilities 283,418 306,941
Security deposits 68,728 68,940
Distributions payable 258,992 244,621
Total liabilities 8,432,522 8,517,310
Commitments and contingencies
Redeemable Limited Partners 323,551 318,273
Partners’ Capital:    
Preference Units 37,280 37,280
General Partner 11,111,240 11,138,706
Limited Partners 211,718 209,961
Accumulated other comprehensive income (loss) (11,232) (2,547)
Total partners’ capital 11,349,006 11,383,400
Noncontrolling Interests – Partially Owned Properties (2,553) (721)
Total capital 11,346,453 11,382,679
Total liabilities and equity $ 20,102,526 $ 20,218,262