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CONSOLIDATED BALANCE SHEETS OF ERP OPERATING LIMITED PARTNERSHIP (Unaudited) (USD $)
In Thousands
Sep. 30, 2011
Dec. 31, 2010
Investment in real estate  
Land$ 4,158,288$ 4,110,275
Depreciable property15,055,57015,226,512
Projects under development119,433130,337
Land held for development205,476235,247
Investment in real estate19,538,76719,702,371
Accumulated depreciation(4,405,479)(4,337,357)
Investment in real estate, net15,133,28815,365,014
Cash and cash equivalents45,986431,408
Investments in unconsolidated entities11,0203,167
Deposits - restricted369,461180,987
Escrow deposits - mortgage10,67712,593
Deferred financing costs, net37,33442,033
Other assets149,051148,992
Total assets15,756,81716,184,194
Liabilities:  
Mortgage notes payable4,136,8484,762,896
Notes, net4,614,3235,185,180
Lines of credit26,0000
Accounts payable and accrued expenses97,84539,452
Accrued interest payable69,89598,631
Other liabilities409,591304,202
Security deposits62,07360,812
Distributions payable106,673140,905
Total liabilities9,523,24810,592,078
Commitments and contingencies  
Partners' Capital:  
Accumulated other comprehensive (loss)(185,032)(57,818)
Noncontrolling Interests - Partially Owned Properties(1,714)7,991
Total liabilities and equity15,756,81716,184,194
OPERATING PARTNERSHIP
  
Investment in real estate  
Land4,158,2884,110,275
Depreciable property15,055,57015,226,512
Projects under development119,433130,337
Land held for development205,476235,247
Investment in real estate19,538,76719,702,371
Accumulated depreciation(4,405,479)(4,337,357)
Investment in real estate, net15,133,28815,365,014
Cash and cash equivalents45,986431,408
Investments in unconsolidated entities11,0203,167
Deposits - restricted369,461180,987
Escrow deposits - mortgage10,67712,593
Deferred financing costs, net37,33442,033
Other assets149,051148,992
Total assets15,756,81716,184,194
Liabilities:  
Mortgage notes payable4,136,8484,762,896
Notes, net4,614,3235,185,180
Lines of credit26,0000
Accounts payable and accrued expenses97,84539,452
Accrued interest payable69,89598,631
Other liabilities409,591304,202
Security deposits62,07360,812
Distributions payable106,673140,905
Total liabilities9,523,24810,592,078
Commitments and contingencies  
Redeemable Limited Partners378,798383,540
Partners' Capital:  
Preference Units200,000200,000
General Partner5,720,7314,948,004
Limited Partners120,786110,399
Accumulated other comprehensive (loss)(185,032)(57,818)
Total partners' capital5,856,4855,200,585
Noncontrolling Interests - Partially Owned Properties(1,714)7,991
Total capital5,854,7715,208,576
Total liabilities and equity$ 15,756,817$ 16,184,194