XML 28 R13.htm IDEA: XBRL DOCUMENT v3.23.2
CONSOLIDATED STATEMENTS OF CHANGES IN CAPITAL OF ERP OPERATING LIMITED PARTNERSHIP (Unaudited) - USD ($)
$ in Thousands
Total
ERPOP [Member]
Preferred Stock [Member]
ERPOP [Member]
GENERAL PARTNER [Member]
ERPOP [Member]
LIMITED PARTNERS [Member]
ERPOP [Member]
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) [Member]
ERPOP [Member]
DISTRIBUTIONS [Member]
ERPOP [Member]
PARTIALLY OWNED PROPERTIES [Member]
ERPOP [Member]
Balance, beginning of year at Dec. 31, 2021     $ 37,280 $ 10,951,940 $ 214,094 $ (34,272)    
Balance, beginning of year at Dec. 31, 2021               $ 18,166
Conversion of OP Units held by Limited Partners into OP Units held by General Partner       1,484 (1,484)      
Exercise of EQR share options       18,928        
EQR's Employee Share Purchase Plan (ESPP)       2,378        
EQR restricted shares       7,361 1      
EQR share options       1,390        
EQR ESPP discount       420        
Net income available to Units - General Partner   $ 293,321   293,321        
OP Units General Partner distributions       (470,424)        
Offering costs       (487)        
Supplemental Executive Retirement Plan (SERP)       (269)        
Acquisition of Noncontrolling Interests – Partially Owned Properties       (27,355)        
Change in market value of Redeemable Limited Partners       98,140        
Adjustment for Limited Partners ownership in Operating Partnership       6,632 (6,632)      
Equity compensation associated with Units - Limited Partners         13,159      
Net income available to Units - Limited Partners   10,027     10,027      
Units - Limited Partners distributions         (15,488)      
Change in carrying value of Redeemable Limited Partners         2,649      
Unrealized holding gains (losses) arising during the period $ (1,259) (1,259)       (1,259)    
Losses reclassified into earnings from other comprehensive income (4,881) (4,881)       4,881    
Distributions declared per Unit outstanding             $ 1.25  
Net income attributable to Noncontrolling Interests 306,476 306,476           1,583
Contributions by Noncontrolling Interests               603
Distributions to Noncontrolling Interests               (17,263)
Acquisitions of Noncontrolling Interests - Partially Owned Properties               (4,823)
Balance, end of period at Jun. 30, 2022     37,280 10,883,459 216,326 (30,650)    
Balance, end of period at Jun. 30, 2022               (1,734)
Balance, beginning of year at Mar. 31, 2022     37,280 10,808,434 217,451 (31,847)    
Balance, beginning of year at Mar. 31, 2022               3,415
Conversion of OP Units held by Limited Partners into OP Units held by General Partner       1,310 (1,310)      
Exercise of EQR share options       4,584        
EQR's Employee Share Purchase Plan (ESPP)       1,409        
EQR restricted shares       3,750        
EQR share options       514        
EQR ESPP discount       249        
Net income available to Units - General Partner   223,328   223,328        
OP Units General Partner distributions       (235,073)        
Offering costs       (373)        
Supplemental Executive Retirement Plan (SERP)       (106)        
Acquisition of Noncontrolling Interests – Partially Owned Properties       (27,355)        
Change in market value of Redeemable Limited Partners       97,201        
Adjustment for Limited Partners ownership in Operating Partnership       5,587 (5,587)      
Equity compensation associated with Units - Limited Partners         5,361      
Net income available to Units - Limited Partners   7,633     7,633      
Units - Limited Partners distributions         (7,593)      
Change in carrying value of Redeemable Limited Partners         371      
Unrealized holding gains (losses) arising during the period (1,259) (1,259)       (1,259)    
Losses reclassified into earnings from other comprehensive income (2,456) (2,456)       2,456    
Distributions declared per Unit outstanding             0.625  
Net income attributable to Noncontrolling Interests 232,678 232,678           944
Contributions by Noncontrolling Interests               157
Distributions to Noncontrolling Interests               (1,427)
Acquisitions of Noncontrolling Interests - Partially Owned Properties               (4,823)
Balance, end of period at Jun. 30, 2022     37,280 10,883,459 216,326 (30,650)    
Balance, end of period at Jun. 30, 2022               (1,734)
Balance, beginning of year at Dec. 31, 2022     37,280 11,138,706 209,961 (2,547)    
Balance, beginning of year at Dec. 31, 2022               (721)
Conversion of OP Units held by Limited Partners into OP Units held by General Partner       4,659 (4,659)      
Exercise of EQR share options       11,358        
EQR's Employee Share Purchase Plan (ESPP)       2,124        
EQR restricted shares       7,945 1      
EQR share options       3,125        
EQR ESPP discount       398        
Net income available to Units - General Partner   349,693   349,693        
OP Units General Partner distributions       (502,070)        
Supplemental Executive Retirement Plan (SERP)       148        
Acquisition of Noncontrolling Interests – Partially Owned Properties       (900)        
Change in market value of Redeemable Limited Partners       (39,123)        
Adjustment for Limited Partners ownership in Operating Partnership       6,815 (6,815)      
Equity compensation associated with Units - Limited Partners         10,867      
Net income available to Units - Limited Partners   11,613     11,613      
Units - Limited Partners distributions         (15,640)      
Change in carrying value of Redeemable Limited Partners         2,077      
Unrealized holding gains (losses) arising during the period 4,054 4,054       4,054    
Losses reclassified into earnings from other comprehensive income (2,201) (2,201)       2,201    
Distributions declared per Unit outstanding             1.325  
Net income attributable to Noncontrolling Interests 364,933 364,933           2,082
Contributions by Noncontrolling Interests               9
Distributions to Noncontrolling Interests               (3,261)
Acquisitions of Noncontrolling Interests - Partially Owned Properties               (2,837)
Balance, end of period at Jun. 30, 2023     37,280 10,982,878 207,405 3,708    
Balance, end of period at Jun. 30, 2023               (4,728)
Balance, beginning of year at Mar. 31, 2023     37,280 11,111,240 211,718 (11,232)    
Balance, beginning of year at Mar. 31, 2023               (2,553)
Conversion of OP Units held by Limited Partners into OP Units held by General Partner       986 (986)      
Exercise of EQR share options       3,246        
EQR's Employee Share Purchase Plan (ESPP)       672        
EQR restricted shares       4,291 1      
EQR share options       1,628        
EQR ESPP discount       138        
Net income available to Units - General Partner   138,430   138,430        
OP Units General Partner distributions       (251,101)        
Supplemental Executive Retirement Plan (SERP)       (343)        
Acquisition of Noncontrolling Interests – Partially Owned Properties       (900)        
Change in market value of Redeemable Limited Partners       (33,177)        
Adjustment for Limited Partners ownership in Operating Partnership       7,768 (7,768)      
Equity compensation associated with Units - Limited Partners         6,213      
Net income available to Units - Limited Partners   4,554     4,554      
Units - Limited Partners distributions         (7,736)      
Change in carrying value of Redeemable Limited Partners         1,409      
Unrealized holding gains (losses) arising during the period 13,834 13,834       13,834    
Losses reclassified into earnings from other comprehensive income (1,106) (1,106)       1,106    
Distributions declared per Unit outstanding             $ 0.6625  
Net income attributable to Noncontrolling Interests $ 144,862 $ 144,862           1,105
Contributions by Noncontrolling Interests               9
Distributions to Noncontrolling Interests               (452)
Acquisitions of Noncontrolling Interests - Partially Owned Properties               (2,837)
Balance, end of period at Jun. 30, 2023     $ 37,280 $ 10,982,878 $ 207,405 $ 3,708    
Balance, end of period at Jun. 30, 2023               $ (4,728)