XML 24 R9.htm IDEA: XBRL DOCUMENT v3.23.2
CONSOLIDATED BALANCE SHEETS OF ERP OPERATING LIMITED PARTNERSHIP (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
ASSETS    
Land $ 5,579,211 $ 5,580,878
Depreciable property 22,697,597 22,334,369
Projects under development 50,916 112,940
Land held for development 61,334 60,567
Investment in real estate 28,389,058 28,088,754
Accumulated depreciation (9,428,549) (9,027,850)
Investment in real estate, net 18,960,509 19,060,904
Investments in unconsolidated entities 304,710 279,024
Cash and cash equivalents 35,701 53,869
Restricted deposits 88,941 83,303
Right-of-use assets 463,704 462,956
Other assets 292,164 278,206
Total assets 20,145,729 20,218,262
Liabilities:    
Mortgage notes payable, net 1,913,069 1,953,438
Notes, net 5,345,373 5,342,329
Line of credit and commercial paper 184,474 129,955
Accounts payable and accrued expenses 118,316 96,028
Accrued interest payable 66,238 66,310
Lease liabilities 313,866 308,748
Other liabilities 294,263 306,941
Security deposits 69,427 68,940
Distributions payable 258,841 244,621
Total liabilities 8,563,867 8,517,310
Commitments and contingencies
Redeemable Limited Partners 355,319 318,273
Partners’ Capital:    
Accumulated other comprehensive income (loss) 3,708 (2,547)
Noncontrolling Interests – Partially Owned Properties (4,728) (721)
Total liabilities and equity 20,145,729 20,218,262
ERPOP [Member]    
ASSETS    
Land 5,579,211 5,580,878
Depreciable property 22,697,597 22,334,369
Projects under development 50,916 112,940
Land held for development 61,334 60,567
Investment in real estate 28,389,058 28,088,754
Accumulated depreciation (9,428,549) (9,027,850)
Investment in real estate, net 18,960,509 19,060,904
Investments in unconsolidated entities 304,710 279,024
Cash and cash equivalents 35,701 53,869
Restricted deposits 88,941 83,303
Right-of-use assets 463,704 462,956
Other assets 292,164 278,206
Total assets 20,145,729 20,218,262
Liabilities:    
Mortgage notes payable, net 1,913,069 1,953,438
Notes, net 5,345,373 5,342,329
Line of credit and commercial paper 184,474 129,955
Accounts payable and accrued expenses 118,316 96,028
Accrued interest payable 66,238 66,310
Lease liabilities 313,866 308,748
Other liabilities 294,263 306,941
Security deposits 69,427 68,940
Distributions payable 258,841 244,621
Total liabilities 8,563,867 8,517,310
Commitments and contingencies
Redeemable Limited Partners 355,319 318,273
Partners’ Capital:    
Preference Units 37,280 37,280
General Partner 10,982,878 11,138,706
Limited Partners 207,405 209,961
Accumulated other comprehensive income (loss) 3,708 (2,547)
Total partners’ capital 11,231,271 11,383,400
Noncontrolling Interests – Partially Owned Properties (4,728) (721)
Total capital 11,226,543 11,382,679
Total liabilities and equity $ 20,145,729 $ 20,218,262