Schedule III - Real Estate and Accumulated Depreciation

12 Months Ended

Dec. 31, 2019

Real Estate And Accumulated Depreciation Disclosure [Abstract]

Schedule III-Real Estate and Accumulated Depreciation

EQUITY RESIDENTIAL

ERP OPERATING LIMITED PARTNERSHIP

Schedule III - Real Estate and Accumulated Depreciation

Overall Summary

December 31, 2019

	Properties		Apartment Units		Investment in Real Estate, Gross		Accumulated Depreciation			Investment in Real Estate, Net		Encumbrances (1)
Wholly Owned Unencumbered		257		68,002	$	23,408,268,350	$	(6,199,955,243	)	$	17,208,313,107	$	—
Wholly Owned Encumbered		35		8,425		3,204,805,398		(792,348,079	)		2,412,457,319		1,630,731,451
Wholly Owned Properties		292		76,427		26,613,073,748		(6,992,303,322	)		19,620,770,426		1,630,731,451
Partially Owned Unencumbered		9		1,847		524,897,809		(133,111,488	)		391,786,321		—
Partially Owned Encumbered		8		1,688		395,635,869		(151,371,564	)		244,264,305		310,878,101
Partially Owned Properties		17		3,535		920,533,678		(284,483,052	)		636,050,626		310,878,101
Total Unencumbered Properties		266		69,849		23,933,166,159		(6,333,066,731	)		17,600,099,428		—
Total Encumbered Properties		43		10,113		3,600,441,267		(943,719,643	)		2,656,721,624		1,941,609,552
Total Consolidated Investment in Real Estate		309		79,962	$	27,533,607,426	$	(7,276,786,374	)	$	20,256,821,052	$	1,941,609,552

(1) See attached Encumbrances Reconciliation.

EQUITY RESIDENTIAL

ERP OPERATING LIMITED PARTNERSHIP

Schedule III - Real Estate and Accumulated Depreciation

Encumbrances Reconciliation

December 31, 2019

Portfolio/Entity Encumbrances	Number of Properties Encumbered by		See Properties With Note:	Amount
Archstone Master Property Holdings LLC		13	H	$	798,230,171
Portfolio/Entity Encumbrances		13			798,230,171
Individual Property Encumbrances					1,143,379,381
Total Encumbrances per Financial Statements				$	1,941,609,552

EQUITY RESIDENTIAL

ERP OPERATING LIMITED PARTNERSHIP

Schedule III – Real Estate and Accumulated Depreciation

(Amounts in thousands)

The changes in total real estate for the years ended December 31, 2019, 2018 and 2017 are as follows:

	2019			2018			2017
Balance, beginning of year	$	26,511,022		$	26,026,896		$	25,386,425
Acquisitions and development		1,704,320			855,254			710,960
Improvements		180,944			192,661			204,113
Dispositions and other		(862,679	)		(563,789	)		(274,602	)
Balance, end of year	$	27,533,607		$	26,511,022		$	26,026,896

The changes in accumulated depreciation for the years ended December 31, 2019, 2018 and 2017 are as follows:

	2019			2018			2017
Balance, beginning of year	$	6,696,281		$	6,040,378		$	5,360,389
Depreciation		831,083			785,725			743,749
Dispositions and other		(250,578	)		(129,822	)		(63,760	)
Balance, end of year	$	7,276,786		$	6,696,281		$	6,040,378

EQUITY RESIDENTIAL

ERP OPERATING LIMITED PARTNERSHIP

Schedule III - Real Estate and Accumulated Depreciation

December 31, 2019

Description							Initial Cost to Company				Cost Capitalized Subsequent to Acquisition (Improvements, net) (E)		Gross Amount Carried at Close of Period 12/31/19
Apartment Name	Location	Retail/ Commercial Space		Date of Construction	Apartment Units		Land		Building & Fixtures		Building & Fixtures		Land		Building & Fixtures (A)		Total (B)		Accumulated Depreciation (C)			Investment in Real Estate, Net at 12/31/19		Encumbrances
Wholly Owned Unencumbered:
100 K Apartments (fka 100K Street)	Washington, D.C.		—	2018		222	$	15,600,000	$	69,662,369	$	2,484	$	15,600,000	$	69,664,853	$	85,264,853	$	(3,157,965	)	$	82,106,888	$	—
140 Riverside Boulevard	New York, NY	G		2003		354		103,539,100		94,082,725		10,160,746		103,539,100		104,243,471		207,782,571		(52,510,393	)		155,272,178		—
160 Riverside Boulevard	New York, NY	G		2001		455		139,933,500		190,964,745		17,198,947		139,933,500		208,163,692		348,097,192		(104,423,480	)		243,673,712		—
170 Amsterdam	New York, NY	G		2015		236		—		112,096,955		439,194		—		112,536,149		112,536,149		(20,556,743	)		91,979,406		—
175 Kent	Brooklyn, NY	G		2011		113		22,037,831		53,962,169		2,003,647		22,037,831		55,965,816		78,003,647		(18,206,594	)		59,797,053		—
180 Montague (fka Brooklyn Heights)	Brooklyn, NY	G		2000		193		32,400,000		92,675,228		4,764,589		32,400,000		97,439,817		129,839,817		(27,077,371	)		102,762,446		—
180 Riverside Boulevard	New York, NY	G		1998		516		144,968,250		138,346,681		14,692,592		144,968,250		153,039,273		298,007,523		(78,364,843	)		219,642,680		—
1111 Belle Pre (fka The Madison)	Alexandria, VA	G		2014		360		18,937,702		94,758,679		399,141		18,937,702		95,157,820		114,095,522		(25,780,466	)		88,315,056		—
1210 Mass	Washington, D.C.	G		2004		144		9,213,512		36,559,189		2,770,003		9,213,512		39,329,192		48,542,704		(20,032,298	)		28,510,406		—
1401 Joyce on Pentagon Row	Arlington, VA		—	2004		326		9,780,000		89,668,165		5,482,703		9,780,000		95,150,868		104,930,868		(38,110,856	)		66,820,012		—
1500 Mass Ave	Washington, D.C.	G		1951		556		54,638,298		40,361,702		15,851,496		54,638,298		56,213,198		110,851,496		(29,241,959	)		81,609,537		—
1800 Oak (fka Rosslyn)	Arlington, VA	G		2003		314		31,400,000		109,005,734		7,759,305		31,400,000		116,765,039		148,165,039		(32,605,736	)		115,559,303		—
2201 Pershing Drive	Arlington, VA	G		2012		188		11,321,198		49,674,175		2,653,163		11,321,198		52,327,338		63,648,536		(15,332,930	)		48,315,606		—
2201 Wilson	Arlington, VA	G		2000		219		21,900,000		78,724,663		4,621,475		21,900,000		83,346,138		105,246,138		(23,254,386	)		81,991,752		—
2400 M St	Washington, D.C.	G		2006		359		30,006,593		114,013,785		4,706,151		30,006,593		118,719,936		148,726,529		(57,645,397	)		91,081,132		—
315 on A	Boston, MA	G		2013		202		14,450,070		115,824,930		1,261,179		14,450,070		117,086,109		131,536,179		(22,891,380	)		108,644,799		—
340 Fremont (fka Rincon Hill)	San Francisco, CA		—	2016		348		42,000,000		248,609,655		179,247		42,000,000		248,788,902		290,788,902		(33,388,938	)		257,399,964		—
341 Nevins	Brooklyn, NY		—	(F)		—		3,621,830		189,222		—		3,621,830		189,222		3,811,052		—			3,811,052		—
3003 Van Ness (fka Van Ness)	Washington, D.C.		—	1970		625		56,300,000		141,191,580		7,157,154		56,300,000		148,348,734		204,648,734		(43,856,738	)		160,791,996		—
425 Mass	Washington, D.C.	G		2009		559		28,150,000		138,600,000		4,759,357		28,150,000		143,359,357		171,509,357		(53,491,733	)		118,017,624		—
455 Eye Street	Washington, D.C.	G		2017		174		11,941,407		61,418,274		40,682		11,941,407		61,458,956		73,400,363		(6,002,916	)		67,397,447		—
4701 Willard	Chevy Chase, MD	G		1966		517		76,921,130		153,947,682		31,235,663		76,921,130		185,183,345		262,104,475		(67,153,478	)		194,950,997		—
4885 Edgemoor Lane	Bethesda, MD		—	(F)		—		—		10,864,626		—		—		10,864,626		10,864,626		—			10,864,626		—
4th and Hill	Los Angeles, CA		—	(F)		—		13,131,456		16,680,349		—		13,131,456		16,680,349		29,811,805		—			29,811,805		—
600 Washington	New York, NY	G		2004		135		32,852,000		43,140,551		1,548,076		32,852,000		44,688,627		77,540,627		(22,331,625	)		55,209,002		—
660 Washington (fka Boston Common)	Boston, MA	G		2006		420		106,100,000		166,311,679		4,730,410		106,100,000		171,042,089		277,142,089		(46,949,010	)		230,193,079		—
70 Greene	Jersey City, NJ	G		2010		480		28,108,899		236,763,553		2,932,277		28,108,899		239,695,830		267,804,729		(81,879,133	)		185,925,596		—
71 Broadway	New York, NY	G		1997		238		22,611,600		77,492,171		17,054,425		22,611,600		94,546,596		117,158,196		(51,104,697	)		66,053,499		—
77 Bluxome	San Francisco, CA		—	2007		102		5,249,124		18,609,876		479,898		5,249,124		19,089,774		24,338,898		(6,408,288	)		17,930,610		—
77 Park Avenue (fka Hoboken)	Hoboken, NJ	G		2000		301		27,900,000		168,992,440		7,688,560		27,900,000		176,681,000		204,581,000		(47,768,422	)		156,812,578		—
777 Sixth	New York, NY	G		2002		294		65,352,706		65,747,294		4,999,856		65,352,706		70,747,150		136,099,856		(30,672,075	)		105,427,781		—
88 Hillside	Daly City, CA	G		2011		95		7,786,800		31,587,325		3,225,899		7,786,800		34,813,224		42,600,024		(11,434,181	)		31,165,843		—
855 Brannan	San Francisco, CA	G		2018		449		41,363,921		282,107,685		62,476		41,363,921		282,170,161		323,534,082		(23,429,467	)		300,104,615		—
929 Mass (fka 929 House)	Cambridge, MA	G		1975		127		3,252,993		21,745,595		7,695,575		3,252,993		29,441,170		32,694,163		(19,893,418	)		12,800,745		—
Academy Village	North Hollywood, CA		—	1989		248		25,000,000		23,593,194		9,821,339		25,000,000		33,414,533		58,414,533		(20,345,297	)		38,069,236		—
Acappella	Pasadena, CA		—	2002		143		5,839,548		29,360,452		2,301,628		5,839,548		31,662,080		37,501,628		(12,293,107	)		25,208,521		—
Acton Courtyard	Berkeley, CA	G		2003		71		5,550,000		15,785,509		396,492		5,550,000		16,182,001		21,732,001		(7,612,133	)		14,119,868		—
Alban Towers	Washington, D.C.		—	1934		229		18,900,000		89,794,201		6,474,195		18,900,000		96,268,396		115,168,396		(25,786,581	)		89,381,815		—
Alborada	Fremont, CA		—	1999		442		24,310,000		59,214,129		9,528,299		24,310,000		68,742,428		93,052,428		(44,468,172	)		48,584,256		—
Alcott Apartments (fka West End Tower)	Boston, MA	G		(F)		—		10,424,000		128,885,729		—		10,424,000		128,885,729		139,309,729		—			139,309,729		—
Altitude (fka Village at Howard Hughes, The (Lots 1 & 2))	Los Angeles, CA		—	2016		545		43,783,485		150,235,905		493,024		43,783,485		150,728,929		194,512,414		(20,615,169	)		173,897,245		—
Alton, The (fka Millikan)	Irvine, CA		—	2017		344		11,049,027		96,526,323		150,438		11,049,027		96,676,761		107,725,788		(11,346,591	)		96,379,197		—
Arbor Terrace	Sunnyvale, CA		—	1979		175		9,057,300		18,483,642		11,357,865		9,057,300		29,841,507		38,898,807		(17,937,496	)		20,961,311		—
Arches, The	Sunnyvale, CA		—	1974		410		26,650,000		62,850,000		2,623,168		26,650,000		65,473,168		92,123,168		(24,870,049	)		67,253,119		—

EQUITY RESIDENTIAL

ERP OPERATING LIMITED PARTNERSHIP

Schedule III - Real Estate and Accumulated Depreciation

December 31, 2019

Description							Initial Cost to Company				Cost Capitalized Subsequent to Acquisition (Improvements, net) (E)			Gross Amount Carried at Close of Period 12/31/19
Apartment Name	Location	Retail/ Commercial Space		Date of Construction	Apartment Units		Land		Building & Fixtures		Building & Fixtures			Land		Building & Fixtures (A)		Total (B)		Accumulated Depreciation (C)			Investment in Real Estate, Net at 12/31/19		Encumbrances
Artisan on Second	Los Angeles, CA		—	2008		118		8,000,400		36,074,600		1,173,462			8,000,400		37,248,062		45,248,462		(12,924,017	)		32,324,445		—
Artisan Square	Northridge, CA		—	2002		140		7,000,000		20,537,359		1,889,100			7,000,000		22,426,459		29,426,459		(13,116,756	)		16,309,703		—
Artistry Emeryville (fka Emeryville)	Emeryville, CA		—	1994		267		12,300,000		61,466,267		7,189,056			12,300,000		68,655,323		80,955,323		(20,908,096	)		60,047,227		—
Atelier	Brooklyn, NY	G		2015		120		32,401,680		47,135,432		432,778			32,401,680		47,568,210		79,969,890		(8,426,826	)		71,543,064		—
Avenue Two	Redwood City, CA		—	1972		123		7,995,000		18,005,000		2,417,128			7,995,000		20,422,128		28,417,128		(7,587,499	)		20,829,629		—
Axis at Shady Grove	Rockville, MD		—	2016		366		14,745,774		90,503,831		123,658			14,745,774		90,627,489		105,373,263		(6,627,790	)		98,745,473		—
Azure (fka Mission Bay-Block 13)	San Francisco, CA		—	2015		273		32,855,115		153,569,655		385,653			32,855,115		153,955,308		186,810,423		(25,110,173	)		161,700,250		—
Bay Hill	Long Beach, CA		—	2002		160		7,600,000		27,437,239		3,648,128			7,600,000		31,085,367		38,685,367		(16,705,166	)		21,980,201		—
Beatrice, The	New York, NY		—	2010		302		114,351,405		165,648,595		1,852,511			114,351,405		167,501,106		281,852,511		(51,586,536	)		230,265,975		—
Bella Vista I, II, III Combined	Woodland Hills, CA		—	2003-2007		579		31,682,754		121,095,786		10,564,320			31,682,754		131,660,106		163,342,860		(63,397,900	)		99,944,960		—
Belle Arts Condominium Homes, LLC	Bellevue, WA		—	2000		1		63,158		236,157		2,098			63,158		238,255		301,413		(91,640	)		209,773		—
Belle Fontaine	Marina Del Rey, CA		—	2003		102		9,098,808		28,701,192		2,077,210			9,098,808		30,778,402		39,877,210		(9,929,838	)		29,947,372		—
Breakwater at Marina Del Rey	Marina Del Rey, CA		—	1964-1969		224		—		73,189,262		2,301,977			—		75,491,239		75,491,239		(22,556,033	)		52,935,206		—
Briarwood (CA)	Sunnyvale, CA		—	1985		192		9,991,500		22,247,278		4,223,652			9,991,500		26,470,930		36,462,430		(19,003,418	)		17,459,012		—
Brodie, The	Westminster, CO		—	2016		312		8,639,904		79,254,009		338,241			8,639,904		79,592,250		88,232,154		(4,390,121	)		83,842,033		—
Brooklyner, The (fka 111 Lawrence)	Brooklyn, NY	G		2010		490		40,099,922		221,438,631		4,272,230			40,099,922		225,710,861		265,810,783		(69,755,616	)		196,055,167		—
C on Pico	Los Angeles, CA		—	2014		94		17,125,766		28,074,234		468,094			17,125,766		28,542,328		45,668,094		(4,917,365	)		40,750,729		—
Carlyle Mill	Alexandria, VA		—	2002		317		10,000,000		51,367,913		9,043,657			10,000,000		60,411,570		70,411,570		(34,997,308	)		35,414,262		—
Carmel Terrace	San Diego, CA		—	1988-1989		384		2,288,300		20,596,281		12,519,325			2,288,300		33,115,606		35,403,906		(28,576,803	)		6,827,103		—
Cascade	Seattle, WA	G		2017		477		23,751,564		149,388,658		10,060			23,751,564		149,398,718		173,150,282		(14,329,011	)		158,821,271		—
Centennial (fka Centennial Court & Centennial Tower)	Seattle, WA	G		1991/2001		408		9,700,000		70,080,378		13,065,205			9,700,000		83,145,583		92,845,583		(43,852,523	)		48,993,060		—
Centre Club Combined	Ontario, CA		—	1994 & 2002		412		7,436,000		33,014,789		9,490,814			7,436,000		42,505,603		49,941,603		(26,716,928	)		23,224,675		—
Chloe on Madison (fka 1401 E. Madison)	Seattle, WA	G		2019		137		10,401,958		52,593,395		—			10,401,958		52,593,395		62,995,353		(497,660	)		62,497,693		—
Chloe on Union (fka Chloe)	Seattle, WA	G		2010		117		14,835,571		39,359,650		2,516,557			14,835,571		41,876,207		56,711,778		(4,541,342	)		52,170,436		—
Church Corner	Cambridge, MA	G		1987		85		5,220,000		16,744,643		3,270,549			5,220,000		20,015,192		25,235,192		(10,988,447	)		14,246,745		—
City Gate at Cupertino (fka Cupertino)	Cupertino, CA		—	1998		311		40,400,000		95,937,046		7,548,015			40,400,000		103,485,061		143,885,061		(29,361,079	)		114,523,982		—
City Pointe	Fullerton, CA	G		2004		183		6,863,792		36,476,208		3,588,233			6,863,792		40,064,441		46,928,233		(15,519,206	)		31,409,027		—
City Square Bellevue (fka Bellevue)	Bellevue, WA	G		1998		191		15,100,000		41,876,257		3,873,050			15,100,000		45,749,307		60,849,307		(13,419,667	)		47,429,640		—
Clarendon, The	Arlington, VA	G		2005		292		30,400,340		103,824,660		2,674,009			30,400,340		106,498,669		136,899,009		(36,985,746	)		99,913,263		—
Cleo, The	Los Angeles, CA		—	1989		92		6,615,467		14,829,335		4,079,934			6,615,467		18,909,269		25,524,736		(9,776,697	)		15,748,039		—
Connecticut Heights	Washington, D.C.		—	1974		518		27,600,000		114,002,295		10,060,643			27,600,000		124,062,938		151,662,938		(33,971,504	)		117,691,434		—
Corcoran House at DuPont Circle (fka DuPont Circle)	Washington, D.C.	G		1961		138		13,500,000		26,913,113		2,637,933			13,500,000		29,551,046		43,051,046		(9,012,285	)		34,038,761		—
Courthouse Plaza	Arlington, VA	G		1990		396		—		87,386,024		6,316,702			—		93,702,726		93,702,726		(28,408,921	)		65,293,805		—
Creekside (San Mateo)	San Mateo, CA		—	1985		192		9,606,600		21,193,232		4,951,801			9,606,600		26,145,033		35,751,633		(18,907,735	)		16,843,898		—
Cronins Landing	Waltham, MA	G		1998		281		32,300,000		85,119,324		11,972,290			32,300,000		97,091,614		129,391,614		(27,201,943	)		102,189,671		—
Crystal Place	Arlington, VA		—	1986		181		17,200,000		47,918,975		3,946,812			17,200,000		51,865,787		69,065,787		(15,614,718	)		53,451,069		—
Dalton, The	Alexandria, VA	G		2018		270		22,947,777		95,292,515		(6	)		22,947,777		95,292,509		118,240,286		—			118,240,286		—
Deerwood (SD)	San Diego, CA		—	1990		316		2,082,095		18,739,815		15,675,022			2,082,095		34,414,837		36,496,932		(30,453,714	)		6,043,218		—
Del Mar Ridge	San Diego, CA		—	1998		181		7,801,824		36,948,176		4,246,225			7,801,824		41,194,401		48,996,225		(17,680,819	)		31,315,406		—
Eagle Canyon	Chino Hills, CA		—	1985		252		1,808,900		16,274,361		10,865,978			1,808,900		27,140,339		28,949,239		(20,747,510	)		8,201,729		—
Edgemont at Bethesda Metro	Bethesda, MD		—	1989		122		13,092,552		43,907,448		1,674,370			13,092,552		45,581,818		58,674,370		(15,155,907	)		43,518,463		—
Emerson Place	Boston, MA	G		1962		444		14,855,000		57,566,636		35,014,249			14,855,000		92,580,885		107,435,885		(63,325,270	)		44,110,615		—
Encore at Sherman Oaks, The	Sherman Oaks, CA		—	1988		174		8,700,000		25,446,003		3,847,449			8,700,000		29,293,452		37,993,452		(10,801,336	)		27,192,116		—
Eviva on Cherokee	Denver, CO		—	2017		274		10,507,626		100,037,204		151,235			10,507,626		100,188,439		110,696,065		(6,553,585	)		104,142,480		—

EQUITY RESIDENTIAL

ERP OPERATING LIMITED PARTNERSHIP

Schedule III - Real Estate and Accumulated Depreciation

December 31, 2019

Description							Initial Cost to Company				Cost Capitalized Subsequent to Acquisition (Improvements, net) (E)			Gross Amount Carried at Close of Period 12/31/19
Apartment Name	Location	Retail/ Commercial Space		Date of Construction	Apartment Units		Land		Building & Fixtures		Building & Fixtures			Land		Building & Fixtures (A)		Total (B)		Accumulated Depreciation (C)			Investment in Real Estate, Net at 12/31/19		Encumbrances
Fountains at Emerald Park (fka Emerald Park)	Dublin, CA		—	2000		324		25,900,000		83,986,217		3,935,049			25,900,000		87,921,266		113,821,266		(25,270,333	)		88,550,933		—
Fremont Center	Fremont, CA	G		2002		322		25,800,000		78,753,114		4,490,634			25,800,000		83,243,748		109,043,748		(24,471,382	)		84,572,366		—
Gaithersburg Station	Gaithersburg, MD	G		2013		400		17,500,000		74,678,917		3,537,268			17,500,000		78,216,185		95,716,185		(20,628,153	)		75,088,032		—
Gallery, The	Hermosa Beach, CA		—	1971		169		18,144,000		46,567,941		2,995,980			18,144,000		49,563,921		67,707,921		(24,741,834	)		42,966,087		—
Gateway at Malden Center	Malden, MA	G		1988		203		9,209,780		25,722,666		16,463,954			9,209,780		42,186,620		51,396,400		(26,861,288	)		24,535,112		—
Geary Court Yard	San Francisco, CA		—	1990		165		1,722,400		15,471,429		6,197,853			1,722,400		21,669,282		23,391,682		(15,406,560	)		7,985,122		—
Girard	Boston, MA	G		2016		160		—		102,450,328		865,330			—		103,315,658		103,315,658		(11,248,402	)		92,067,256		—
Hampshire Place	Los Angeles, CA		—	1989		259		10,806,000		30,335,330		8,125,571			10,806,000		38,460,901		49,266,901		(19,841,849	)		29,425,052		—
Harbor Steps	Seattle, WA	G		2000		761		59,403,601		158,829,432		40,880,428			59,403,601		199,709,860		259,113,461		(97,046,373	)		162,067,088		—
Hathaway	Long Beach, CA		—	1987		385		2,512,500		22,611,912		13,674,471			2,512,500		36,286,383		38,798,883		(27,001,675	)		11,797,208		—
Helios (fka 2nd+Pine)	Seattle, WA	G		2017		398		18,061,674		206,628,093		110,524			18,061,674		206,738,617		224,800,291		(20,125,380	)		204,674,911		—
Heritage at Stone Ridge	Burlington, MA		—	2005		180		10,800,000		31,808,335		2,849,652			10,800,000		34,657,987		45,457,987		(17,798,543	)		27,659,444		—
Heritage Ridge	Lynwood, WA		—	1999		197		6,895,000		18,983,597		4,605,503			6,895,000		23,589,100		30,484,100		(11,968,336	)		18,515,764		—
Hesby	North Hollywood, CA		—	2013		308		23,299,892		102,700,108		1,653,931			23,299,892		104,354,039		127,653,931		(25,277,554	)		102,376,377		—
Highlands at South Plainfield	South Plainfield, NJ		—	2000		252		10,080,000		37,526,912		2,592,223			10,080,000		40,119,135		50,199,135		(20,191,766	)		30,007,369		—
Hikari	Los Angeles, CA	G		2007		128		9,435,760		32,564,240		965,477			9,435,760		33,529,717		42,965,477		(11,609,215	)		31,356,262		—
Hudson Crossing	New York, NY	G		2003		259		23,420,000		69,977,699		3,000,297			23,420,000		72,977,996		96,397,996		(38,482,671	)		57,915,325		—
Hudson Pointe	Jersey City, NJ		—	2003		182		5,350,000		41,114,074		6,902,664			5,350,000		48,016,738		53,366,738		(26,064,218	)		27,302,520		—
Hunt Club II	Charlotte, NC		—	(F)		—		100,000		—		—			100,000		—		100,000		—			100,000		—
Huxley, The	Redwood City, CA		—	2018		137		18,775,028		89,335,476		5,577			18,775,028		89,341,053		108,116,081		(2,362,663	)		105,753,418		—
Ivory Wood	Bothell, WA		—	2000		144		2,732,800		13,888,282		1,716,006			2,732,800		15,604,288		18,337,088		(8,531,839	)		9,805,249		—
Jia (fka Chinatown Gateway)	Los Angeles, CA	G		2014		280		14,791,831		77,752,457		816,097			14,791,831		78,568,554		93,360,385		(22,410,277	)		70,950,108		—
Junction 47 (fka West Seattle)	Seattle, WA	G		2015		206		11,726,305		56,576,329		139,678			11,726,305		56,716,007		68,442,312		(9,832,830	)		58,609,482		—
Kelvin, The (fka Modera)	Irvine, CA		—	2015		194		15,521,552		64,853,448		593,826			15,521,552		65,447,274		80,968,826		(12,644,037	)		68,324,789		—
Kenwood Mews	Burbank, CA		—	1991		141		14,100,000		24,662,883		4,164,875			14,100,000		28,827,758		42,927,758		(14,951,144	)		27,976,614		—
Laguna Clara	Santa Clara, CA		—	1972		264		13,642,420		29,597,400		5,500,048			13,642,420		35,097,448		48,739,868		(19,856,605	)		28,883,263		—
Landings at Port Imperial	W. New York, NJ		—	1999		276		27,246,045		37,741,050		14,471,631			27,246,045		52,212,681		79,458,726		(33,207,884	)		46,250,842		—
Lane	Seattle, WA	G		2019		217		13,142,946		71,853,083		(1	)		13,142,946		71,853,082		84,996,028		—			84,996,028		—
Lex, The	San Jose, CA		—	2017		387		21,817,512		158,778,598		77,511			21,817,512		158,856,109		180,673,621		(8,972,354	)		171,701,267		—
Liberty Park	Braintree, MA		—	2000		202		5,977,504		26,749,111		6,951,551			5,977,504		33,700,662		39,678,166		(19,975,624	)		19,702,542		—
Liberty Tower	Arlington, VA	G		2008		235		16,382,822		83,817,078		2,551,120			16,382,822		86,368,198		102,751,020		(31,785,187	)		70,965,833		—
Lincoln Heights	Quincy, MA		—	1991		336		5,928,400		33,595,262		15,019,958			5,928,400		48,615,220		54,543,620		(37,746,289	)		16,797,331		—
Lindley Apartments	Encino, CA		—	2004		129		5,805,000		25,705,000		2,055,111			5,805,000		27,760,111		33,565,111		(10,259,804	)		23,305,307		—
Lofts at Kendall Square (fka Kendall Square)	Cambridge, MA		—	1998		186		18,696,674		78,445,657		6,941,386			18,696,674		85,387,043		104,083,717		(24,300,285	)		79,783,432		—
Lofts at Kendall Square ll (fka 249 Third Street)	Cambridge, MA	G		2019		84		4,603,326		42,655,411		—			4,603,326		42,655,411		47,258,737		(388,231	)		46,870,506		—
Longacre House	New York, NY	G		2000		293		73,170,045		53,962,510		4,562,899			73,170,045		58,525,409		131,695,454		(26,269,075	)		105,426,379		—
Longfellow Place	Boston, MA	G		1975		710		38,264,917		132,175,915		86,857,633			38,264,917		219,033,548		257,298,465		(153,930,179	)		103,368,286		—
Madox	Jersey City, NJ	G		2013		131		9,679,635		64,594,205		456,215			9,679,635		65,050,420		74,730,055		(4,991,342	)		69,738,713		—
Mantena	New York, NY	G		2012		98		22,346,513		61,501,158		1,159,451			22,346,513		62,660,609		85,007,122		(18,028,047	)		66,979,075		—
Marina 41 (fka Marina Del Rey)	Marina Del Rey, CA		—	1973		623		—		168,842,442		9,214,698			—		178,057,140		178,057,140		(53,401,243	)		124,655,897		—
Mariposa at Playa Del Rey (fka Playa Del Rey)	Playa Del Rey, CA		—	2004		354		60,900,000		89,311,482		6,259,009			60,900,000		95,570,491		156,470,491		(28,260,197	)		128,210,294		—
Mark on 8th	Seattle, WA	G		2016		174		23,004,387		51,148,861		132,254			23,004,387		51,281,115		74,285,502		(4,399,467	)		69,886,035		—
Market Street Village	San Diego, CA		—	2006		229		13,740,000		40,757,301		2,433,811			13,740,000		43,191,112		56,931,112		(21,071,334	)		35,859,778		—
Milano Lofts	Los Angeles, CA	G		1925/2006		99		8,125,216		27,378,784		4,128,987			8,125,216		31,507,771		39,632,987		(9,253,714	)		30,379,273		—
Mill Creek	Milpitas, CA		—	1991		516		12,858,693		57,168,503		17,604,121			12,858,693		74,772,624		87,631,317		(39,853,420	)		47,777,897		—
Montierra (CA)	San Diego, CA		—	1990		272		8,160,000		29,360,938		8,510,123			8,160,000		37,871,061		46,031,061		(26,472,405	)		19,558,656		—

EQUITY RESIDENTIAL

ERP OPERATING LIMITED PARTNERSHIP

Schedule III - Real Estate and Accumulated Depreciation

December 31, 2019

Description							Initial Cost to Company				Cost Capitalized Subsequent to Acquisition (Improvements, net) (E)		Gross Amount Carried at Close of Period 12/31/19
Apartment Name	Location	Retail/ Commercial Space		Date of Construction	Apartment Units		Land		Building & Fixtures		Building & Fixtures		Land		Building & Fixtures (A)		Total (B)		Accumulated Depreciation (C)			Investment in Real Estate, Net at 12/31/19		Encumbrances
Mosaic at Metro	Hyattsville, MD		—	2008		260		—		59,580,898		1,537,111		—		61,118,009		61,118,009		(23,624,406	)		37,493,603		—
Mountain View Redevelopment	Mountain View, CA		—	(F)		—		—		882,046		—		—		882,046		882,046		—			882,046		—
Mozaic at Union Station	Los Angeles, CA		—	2007		272		8,500,000		52,529,446		2,472,824		8,500,000		55,002,270		63,502,270		(26,004,162	)		37,498,108		—
Murray Hill Tower (fka Murray Hill)	New York, NY	G		1974		270		75,800,000		102,705,401		10,547,453		75,800,000		113,252,854		189,052,854		(34,480,104	)		154,572,750		—
Next on Sixth	Los Angeles, CA	G		2017		398		52,509,906		136,635,362		52,028		52,509,906		136,687,390		189,197,296		(6,067,150	)		183,130,146		—
North Pier at Harborside	Jersey City, NJ		—	2003		297		4,000,159		94,290,590		5,767,779		4,000,159		100,058,369		104,058,528		(53,298,183	)		50,760,345		—
Northglen	Valencia, CA		—	1988		234		9,360,000		20,778,553		6,828,841		9,360,000		27,607,394		36,967,394		(16,473,980	)		20,493,414		—
Northpark	Burlingame, CA		—	1972		510		38,607,000		77,472,217		15,236,070		38,607,000		92,708,287		131,315,287		(40,034,278	)		91,281,009		—
Northridge	Pleasant Hill, CA		—	1974		221		5,524,000		14,691,705		11,618,255		5,524,000		26,309,960		31,833,960		(20,784,027	)		11,049,933		—
Oak Park Combined	Agoura Hills, CA		—	1989 & 1990		444		3,390,700		30,517,274		11,129,906		3,390,700		41,647,180		45,037,880		(33,598,181	)		11,439,699		—
Oaks	Santa Clarita, CA		—	2000		520		23,400,000		61,020,438		7,150,916		23,400,000		68,171,354		91,571,354		(38,896,036	)		52,675,318		—
Oakwood Crystal City	Arlington, VA		—	1987		162		15,400,000		35,474,336		4,164,931		15,400,000		39,639,267		55,039,267		(11,715,439	)		43,323,828		—
Ocean Crest	Solana Beach, CA		—	1986		146		5,111,200		11,910,438		4,831,677		5,111,200		16,742,115		21,853,315		(11,831,439	)		10,021,876		—
Odin (fka Tallman)	Seattle, WA		—	2015		301		16,807,519		64,519,515		70,389		16,807,519		64,589,904		81,397,423		(11,050,157	)		70,347,266		—
Old Town Lofts	Redmond, WA	G		2014		149		7,740,467		44,146,181		821,523		7,740,467		44,967,704		52,708,171		(8,666,808	)		44,041,363		—
Olympus Towers	Seattle, WA	G		2000		328		14,752,034		73,335,425		10,370,617		14,752,034		83,706,042		98,458,076		(46,375,373	)		52,082,703		—
One Henry Adams	San Francisco, CA	G		2016		241		30,224,393		139,558,692		22,022		30,224,393		139,580,714		169,805,107		(16,605,628	)		153,199,479		—
One India Street (fka Oakwood Boston)	Boston, MA	G		1901		94		22,200,000		28,672,979		6,249,693		22,200,000		34,922,672		57,122,672		(9,689,007	)		47,433,665		—
Pacific Place	Los Angeles, CA		—	2008		430		32,250,000		110,750,000		2,028,500		32,250,000		112,778,500		145,028,500		(31,554,841	)		113,473,659		—
Packard Building	Seattle, WA	G		2010		61		5,911,041		19,954,959		1,112,353		5,911,041		21,067,312		26,978,353		(3,941,611	)		23,036,742		—
Parc 77	New York, NY	G		1903		137		40,504,000		18,025,679		6,560,029		40,504,000		24,585,708		65,089,708		(14,088,276	)		51,001,432		—
Parc Cameron	New York, NY	G		1927		166		37,600,000		9,855,597		7,590,854		37,600,000		17,446,451		55,046,451		(11,702,099	)		43,344,352		—
Parc Coliseum	New York, NY	G		1910		177		52,654,000		23,045,751		9,553,310		52,654,000		32,599,061		85,253,061		(19,280,179	)		65,972,882		—
Parc East Towers	New York, NY	G		1977		324		102,163,000		108,989,402		12,219,604		102,163,000		121,209,006		223,372,006		(56,644,803	)		166,727,203		—
Parc on Powell (fka Parkside at Emeryville)	Emeryville, CA	G		2015		173		16,667,059		65,073,509		419,037		16,667,059		65,492,546		82,159,605		(12,009,148	)		70,150,457		—
Park Connecticut	Washington, D.C.		—	2000		142		13,700,000		59,087,519		1,863,350		13,700,000		60,950,869		74,650,869		(16,566,168	)		58,084,701		—
Park Hacienda (fka Hacienda)	Pleasanton, CA		—	2000		540		43,200,000		128,753,359		6,614,073		43,200,000		135,367,432		178,567,432		(39,974,119	)		138,593,313		—
Park West (CA)	Los Angeles, CA		—	1987/1990		444		3,033,500		27,302,383		12,126,113		3,033,500		39,428,496		42,461,996		(30,924,343	)		11,537,653		—
Parkside	Union City, CA		—	1979		208		6,246,700		11,827,453		8,185,992		6,246,700		20,013,445		26,260,145		(13,217,770	)		13,042,375		—
Pearl, The (WA)	Seattle, WA	G		2008		80		6,972,585		26,527,415		1,051,124		6,972,585		27,578,539		34,551,124		(5,151,187	)		29,399,937		—
Pearl MDR (fka Oakwood Marina Del Rey)	Marina Del Rey, CA	G		1969		597		—		120,795,359		5,726,479		—		126,521,838		126,521,838		(38,784,120	)		87,737,718		—
Pegasus	Los Angeles, CA	G		1949/2003		322		18,094,052		81,905,948		6,904,081		18,094,052		88,810,029		106,904,081		(32,523,925	)		74,380,156		—
Playa Pacifica	Hermosa Beach, CA		—	1972		285		35,100,000		33,473,822		23,756,377		35,100,000		57,230,199		92,330,199		(31,171,766	)		61,158,433		—
Portofino	Chino Hills, CA		—	1989		176		3,572,400		14,660,994		3,874,242		3,572,400		18,535,236		22,107,636		(14,171,043	)		7,936,593		—
Portofino (Val)	Valencia, CA		—	1989		216		8,640,000		21,487,126		5,837,031		8,640,000		27,324,157		35,964,157		(17,518,529	)		18,445,628		—
Portside Towers	Jersey City, NJ	G		1992-1997		527		22,487,006		96,842,913		24,128,821		22,487,006		120,971,734		143,458,740		(89,422,204	)		54,036,536		—
Potrero 1010	San Francisco, CA	G		2016		453		40,830,011		181,812,933		518,975		40,830,011		182,331,908		223,161,919		(26,294,704	)		196,867,215		—
Prado (fka Glendale)	Glendale, CA		—	1988		264		—		67,977,313		5,928,659		—		73,905,972		73,905,972		(21,102,334	)		52,803,638		—
Prime, The	Arlington, VA		—	2002		281		34,625,000		77,879,740		2,669,467		34,625,000		80,549,207		115,174,207		(32,656,903	)		82,517,304		—
Prism at Park Avenue South (fka 400 Park Avenue South)	New York, NY	G		2015		269		76,292,169		171,649,131		208,922		76,292,169		171,858,053		248,150,222		(32,299,311	)		215,850,911		—
Promenade at Town Center I & II	Valencia, CA		—	2001		564		28,200,000		69,795,915		10,883,962		28,200,000		80,679,877		108,879,877		(44,391,535	)		64,488,342		—
Providence	Bothell, WA		—	2000		200		3,573,621		19,055,505		4,537,035		3,573,621		23,592,540		27,166,161		(12,025,867	)		15,140,294		—
Quarry Hills	Quincy, MA		—	2006		316		26,900,000		84,411,162		4,202,638		26,900,000		88,613,800		115,513,800		(25,515,603	)		89,998,197		—
Radius Uptown	Denver, CO		—	2017		372		13,644,960		121,899,084		640,652		13,644,960		122,539,736		136,184,696		(9,914,578	)		126,270,118		—
Red 160 (fka Redmond Way)	Redmond, WA	G		2011		250		15,546,376		65,320,010		1,448,098		15,546,376		66,768,108		82,314,484		(20,622,372	)		61,692,112		—
Redmond Court	Bellevue, WA		—	1977		206		10,300,000		33,488,745		1,211,705		10,300,000		34,700,450		45,000,450		(11,274,160	)		33,726,290		—

EQUITY RESIDENTIAL

ERP OPERATING LIMITED PARTNERSHIP

Schedule III - Real Estate and Accumulated Depreciation

December 31, 2019

Description							Initial Cost to Company				Cost Capitalized Subsequent to Acquisition (Improvements, net) (E)		Gross Amount Carried at Close of Period 12/31/19
Apartment Name	Location	Retail/ Commercial Space		Date of Construction	Apartment Units		Land		Building & Fixtures		Building & Fixtures		Land		Building & Fixtures (A)		Total (B)		Accumulated Depreciation (C)			Investment in Real Estate, Net at 12/31/19		Encumbrances
Regency Palms	Huntington Beach, CA		—	1969		310		1,857,400		16,713,254		7,272,427		1,857,400		23,985,681		25,843,081		(19,161,878	)		6,681,203		—
Reserve at Clarendon Centre, The	Arlington, VA	G		2003		252		10,500,000		52,812,935		4,855,911		10,500,000		57,668,846		68,168,846		(32,743,477	)		35,425,369		—
Reserve at Eisenhower, The	Alexandria, VA		—	2002		226		6,500,000		34,585,060		4,852,458		6,500,000		39,437,518		45,937,518		(22,240,250	)		23,697,268		—
Reserve at Empire Lakes	Rancho Cucamonga, CA		—	2005		467		16,345,000		73,080,670		3,893,736		16,345,000		76,974,406		93,319,406		(39,080,433	)		54,238,973		—
Reserve at Fairfax Corner	Fairfax, VA		—	2001		652		15,804,057		63,129,051		12,239,068		15,804,057		75,368,119		91,172,176		(44,632,394	)		46,539,782		—
Reserve at Mountain View (fka Mountain View)	Mountain View, CA		—	1965		180		27,000,000		33,029,605		7,608,914		27,000,000		40,638,519		67,638,519		(12,863,114	)		54,775,405		—
Reserve at Potomac Yard	Alexandria, VA		—	2002		588		11,918,917		68,862,641		17,256,235		11,918,917		86,118,876		98,037,793		(45,846,659	)		52,191,134		—
Reserve at Town Center I-III (WA)	Mill Creek, WA	G		2001, 2009, 2014		584		16,768,705		77,623,664		8,538,253		16,768,705		86,161,917		102,930,622		(36,697,179	)		66,233,443		—
Residences at Westgate I (fka Westgate II)	Pasadena, CA	G		2014		252		17,859,785		109,259,858		477,844		17,859,785		109,737,702		127,597,487		(27,267,435	)		100,330,052		—
Residences at Westgate II (fka Westgate III)	Pasadena, CA	G		2015		88		12,118,248		40,486,467		97,831		12,118,248		40,584,298		52,702,546		(7,453,042	)		45,249,504		—
Rianna I & II	Seattle, WA	G		2000/2002		156		4,430,000		29,298,096		1,408,357		4,430,000		30,706,453		35,136,453		(12,521,975	)		22,614,478		—
Ridgewood Village I&II	San Diego, CA		—	1997		408		11,809,500		34,004,048		6,152,653		11,809,500		40,156,701		51,966,201		(27,801,818	)		24,164,383		—
Riva Terra I (fka Redwood Shores)	Redwood City, CA		—	1986		304		34,963,355		84,587,658		6,552,889		34,963,355		91,140,547		126,103,902		(27,578,186	)		98,525,716		—
Riva Terra II (fka Harborside)	Redwood City, CA		—	1986		149		17,136,645		40,536,531		3,532,047		17,136,645		44,068,578		61,205,223		(12,214,368	)		48,990,855		—
Riverpark	Redmond, WA	G		2009		321		14,355,000		80,894,049		4,145,694		14,355,000		85,039,743		99,394,743		(27,531,587	)		71,863,156		—
Rivington, The	Hoboken, NJ		—	1999		240		34,340,640		112,522,073		2,385,966		34,340,640		114,908,039		149,248,679		(11,203,805	)		138,044,874		—
Rosecliff II	Quincy, MA		—	2005		130		4,922,840		30,202,160		1,575,032		4,922,840		31,777,192		36,700,032		(11,139,316	)		25,560,716		—
Sakura Crossing	Los Angeles, CA	G		2009		230		14,641,990		42,858,010		1,508,474		14,641,990		44,366,484		59,008,474		(16,104,349	)		42,904,125		—
Saxton	Seattle, WA	G		2019		325		38,805,400		128,661,766		1,221		38,805,400		128,662,987		167,468,387		(1,106,731	)		166,361,656		—
Seventh & James	Seattle, WA	G		1992		96		663,800		5,974,803		4,559,907		663,800		10,534,710		11,198,510		(8,193,189	)		3,005,321		—
Sheffield Court	Arlington, VA		—	1986		597		3,342,381		31,337,332		16,837,180		3,342,381		48,174,512		51,516,893		(39,604,857	)		11,912,036		—
Siena Terrace	Lake Forest, CA		—	1988		356		8,900,000		24,083,024		7,673,467		8,900,000		31,756,491		40,656,491		(22,703,857	)		17,952,634		—
Skycrest	Valencia, CA		—	1999		264		10,560,000		25,574,457		6,439,296		10,560,000		32,013,753		42,573,753		(19,701,076	)		22,872,677		—
Skyhouse Denver	Denver, CO	G		2017		354		13,562,331		126,360,318		260,188		13,562,331		126,620,506		140,182,837		(10,544,133	)		129,638,704		—
Skylark	Union City, CA		—	1986		174		1,781,600		16,731,916		5,693,705		1,781,600		22,425,621		24,207,221		(15,390,513	)		8,816,708		—
Skyline Terrace	Burlingame, CA		—	1967 & 1987		138		16,836,000		35,414,000		8,685,848		16,836,000		44,099,848		60,935,848		(16,883,846	)		44,052,002		—
Skyview	Rancho Santa Margarita, CA		—	1999		260		3,380,000		21,952,863		5,952,747		3,380,000		27,905,610		31,285,610		(18,956,521	)		12,329,089		—
SoMa II	San Francisco, CA		—	(F)		—		29,406,606		5,863,582		—		29,406,606		5,863,582		35,270,188		—			35,270,188		—
Sonterra at Foothill Ranch	Foothill Ranch, CA		—	1997		300		7,503,400		24,048,507		6,103,825		7,503,400		30,152,332		37,655,732		(21,265,834	)		16,389,898		—
South City Station (fka South San Francisco)	San Francisco, CA	G		2007		368		68,900,000		79,476,861		5,496,725		68,900,000		84,973,586		153,873,586		(24,542,210	)		129,331,376		—
Southwood	Palo Alto, CA		—	1985		100		6,936,600		14,324,069		6,974,332		6,936,600		21,298,401		28,235,001		(13,871,734	)		14,363,267		—
Springbrook Estates	Riverside, CA		—	(F)		—		18,200,000		1,145,000		—		18,200,000		1,145,000		19,345,000		—			19,345,000		—
Springline	Seattle, WA	G		2016		136		9,163,667		47,910,981		413,447		9,163,667		48,324,428		57,488,095		(6,348,664	)		51,139,431		—
STOA	Los Angeles, CA	G		2017		237		25,326,048		79,976,031		355,097		25,326,048		80,331,128		105,657,176		(4,420,377	)		101,236,799		—
Summerset Village	Chatsworth, CA		—	1985		280		2,890,450		23,670,889		8,502,754		2,890,450		32,173,643		35,064,093		(25,071,401	)		9,992,692		—
Summit at Sausalito (fka Sausalito)	Sausalito, CA		—	1978		198		26,000,000		28,435,024		9,826,451		26,000,000		38,261,475		64,261,475		(13,610,363	)		50,651,112		—
Ten23 (fka 500 West 23rd Street)	New York, NY	G		2011		111		—		58,881,873		839,289		—		59,721,162		59,721,162		(16,244,073	)		43,477,089		—
Terraces, The	San Francisco, CA	G		1975		117		14,087,610		16,314,151		2,303,726		14,087,610		18,617,877		32,705,487		(7,132,658	)		25,572,829		—
Third Square	Cambridge, MA	G		2008/2009		471		26,767,171		218,822,728		8,710,964		26,767,171		227,533,692		254,300,863		(86,467,715	)		167,833,148		—
Three20	Seattle, WA	G		2013		134		7,030,766		29,005,762		783,255		7,030,766		29,789,017		36,819,783		(8,010,054	)		28,809,729		—
Toscana	Irvine, CA		—	1991/1993		563		39,410,000		50,806,072		23,541,748		39,410,000		74,347,820		113,757,820		(44,385,604	)		69,372,216		—
Town Square at Mark Center I (fka Millbrook I)	Alexandria, VA		—	1996		406		24,360,000		86,178,714		9,536,594		24,360,000		95,715,308		120,075,308		(47,769,571	)		72,305,737		—
Town Square at Mark Center II	Alexandria, VA		—	2001		272		15,568,464		55,029,607		4,431,783		15,568,464		59,461,390		75,029,854		(23,267,306	)		51,762,548		—
Troy Boston	Boston, MA	G		2015		378		34,641,051		181,607,331		657,969		34,641,051		182,265,300		216,906,351		(16,175,931	)		200,730,420		—
Urbana (fka Market Street Landing)	Seattle, WA	G		2014		289		12,542,418		75,800,090		2,128,448		12,542,418		77,928,538		90,470,956		(20,704,557	)		69,766,399		—

EQUITY RESIDENTIAL

ERP OPERATING LIMITED PARTNERSHIP

Schedule III - Real Estate and Accumulated Depreciation

December 31, 2019

Description								Initial Cost to Company				Cost Capitalized Subsequent to Acquisition (Improvements, net) (E)		Gross Amount Carried at Close of Period 12/31/19
Apartment Name	Location	Retail/ Commercial Space		Date of Construction		Apartment Units		Land		Building & Fixtures		Building & Fixtures		Land		Building & Fixtures (A)		Total (B)		Accumulated Depreciation (C)			Investment in Real Estate, Net at 12/31/19		Encumbrances
Uwajimaya Village	Seattle, WA		—	2002			176		8,800,000		22,188,288		4,603,487		8,800,000		26,791,775		35,591,775		(12,717,581	)		22,874,194		—
Vantage Pointe	San Diego, CA	G		2009			679		9,403,960		190,596,040		10,700,900		9,403,960		201,296,940		210,700,900		(73,412,146	)		137,288,754		—
Veloce	Redmond, WA	G		2009			322		15,322,724		76,176,594		1,876,091		15,322,724		78,052,685		93,375,409		(23,071,740	)		70,303,669		—
Venue at the Promenade	Castle Rock, CO		—	2017			312		8,355,048		83,752,689		89,298		8,355,048		83,841,987		92,197,035		(4,260,814	)		87,936,221		—
Verde Condominium Homes (fka Mission Verde, LLC)	San Jose, CA		—	1986			108		5,190,700		9,679,109		4,541,057		5,190,700		14,220,166		19,410,866		(10,817,710	)		8,593,156		—
Veridian (fka Silver Spring)	Silver Spring, MD	G		2009			457		18,539,817		130,407,365		3,911,967		18,539,817		134,319,332		152,859,149		(48,528,051	)		104,331,098		—
Versailles	Woodland Hills, CA		—	1991			253		12,650,000		33,656,292		8,301,520		12,650,000		41,957,812		54,607,812		(24,444,631	)		30,163,181		—
Versailles (K-Town)	Los Angeles, CA		—	2008			225		10,590,975		44,409,025		1,768,461		10,590,975		46,177,486		56,768,461		(18,704,272	)		38,064,189		—
Victor on Venice	Los Angeles, CA	G		2006			115		10,350,000		35,433,437		1,455,531		10,350,000		36,888,968		47,238,968		(17,138,982	)		30,099,986		—
Villa Solana	Laguna Hills, CA		—	1984			272		1,665,100		14,985,677		11,916,441		1,665,100		26,902,118		28,567,218		(21,819,381	)		6,747,837		—
Village at Del Mar Heights, The (fka Del Mar Heights)	San Diego, CA		—	1986			168		15,100,000		40,859,396		3,059,227		15,100,000		43,918,623		59,018,623		(13,135,144	)		45,883,479		—
Virginia Square	Arlington, VA	G		2002			231		—		85,940,003		6,071,125		—		92,011,128		92,011,128		(25,981,773	)		66,029,355		—
Vista 99 (fka Tasman)	San Jose, CA		—	2016			554		27,709,329		177,551,020		530,009		27,709,329		178,081,029		205,790,358		(26,777,048	)		179,013,310		—
Vista Del Lago	Mission Viejo, CA		—	1986-1988			608		4,525,800		40,736,293		18,471,821		4,525,800		59,208,114		63,733,914		(50,585,532	)		13,148,382		—
Walden Park	Cambridge, MA		—	1966			232		12,448,888		52,044,448		4,534,927		12,448,888		56,579,375		69,028,263		(21,419,276	)		47,608,987		—
Water Park Towers	Arlington, VA		—	1989			362		34,400,000		108,485,859		10,352,960		34,400,000		118,838,819		153,238,819		(34,973,941	)		118,264,878		—
Watertown Square	Watertown, MA	G		2005			134		16,800,000		34,074,056		1,780,526		16,800,000		35,854,582		52,654,582		(10,288,446	)		42,366,136		—
West 96th	New York, NY	G		1987			207		84,800,000		67,055,501		6,032,361		84,800,000		73,087,862		157,887,862		(23,339,208	)		134,548,654		—
West End Apartments (fka Emerson Place/CRP II)	Boston, MA	G		2008			310		469,546		163,123,022		4,644,170		469,546		167,767,192		168,236,738		(67,233,339	)		101,003,399		—
Westchester at Rockville	Rockville, MD		—	2009			192		10,600,000		44,135,207		1,115,325		10,600,000		45,250,532		55,850,532		(12,723,620	)		43,126,912		—
Westmont	New York, NY	G		1986			163		64,900,000		61,143,259		5,556,773		64,900,000		66,700,032		131,600,032		(19,263,749	)		112,336,283		—
Westside	Los Angeles, CA		—	2004			204		34,200,000		56,962,630		3,224,934		34,200,000		60,187,564		94,387,564		(17,012,037	)		77,375,527		—
Westside Barrington (fka Westside Villas III)	Los Angeles, CA		—	1999			36		3,060,000		5,538,871		1,138,171		3,060,000		6,677,042		9,737,042		(4,172,543	)		5,564,499		—
Westside Barry (Westside Villas VI)	Los Angeles, CA		—	1989			18		1,530,000		3,023,523		731,986		1,530,000		3,755,509		5,285,509		(2,345,294	)		2,940,215		—
Westside Beloit (fka Westside Villas I)	Los Angeles, CA		—	1999			21		1,785,000		3,233,254		748,943		1,785,000		3,982,197		5,767,197		(2,551,527	)		3,215,670		—
Westside Bundy (fka Westside Villas II)	Los Angeles, CA		—	1999			23		1,955,000		3,541,435		760,287		1,955,000		4,301,722		6,256,722		(2,680,002	)		3,576,720		—
Westside Butler (fka Westside Villas IV)	Los Angeles, CA		—	1999			36		3,060,000		5,539,390		1,169,833		3,060,000		6,709,223		9,769,223		(4,174,963	)		5,594,260		—
Westside Villas (fka Westside Villas V &VII)	Los Angeles, CA		—	1999 & 2001			113		9,605,000		19,983,385		2,834,458		9,605,000		22,817,843		32,422,843		(14,084,170	)		18,338,673		—
Windridge (CA)	Laguna Niguel, CA		—	1989			344		2,662,900		23,985,497		12,894,049		2,662,900		36,879,546		39,542,446		(29,263,863	)		10,278,583		—
Wood Creek I	Pleasant Hill, CA		—	1987			256		9,729,900		23,009,768		10,186,943		9,729,900		33,196,711		42,926,611		(24,464,128	)		18,462,483		—
Woodleaf	Campbell, CA		—	1984			178		8,550,600		16,988,183		5,276,931		8,550,600		22,265,114		30,815,714		(16,233,694	)		14,582,020		—
Management Business	Chicago, IL		—	(D)			—		—		—		120,063,148		—		120,063,148		120,063,148		(100,043,672	)		20,019,476		—
Operating Partnership	Chicago, IL		—	(F)			—		—		3,342,110		—		—		3,342,110		3,342,110		—			3,342,110		—
Other	N/A		—		—		—		—		—		99,015		—		99,015		99,015		(46,097	)		52,918		—
Wholly Owned Unencumbered							68,002		5,112,513,000		16,729,302,793		1,566,452,557		5,112,513,000		18,295,755,350		23,408,268,350		(6,199,955,243	)		17,208,313,107		—
Wholly Owned Encumbered:
2501 Porter	Washington, D.C.		—	1988			202		13,000,000		75,271,179		6,881,392		13,000,000		82,152,571		95,152,571		(23,752,603	)		71,399,968	(H)
300 East 39th (fka East 39th)	New York, NY	G		2001			254		48,900,000		96,174,639		5,454,780		48,900,000		101,629,419		150,529,419		(29,129,896	)		121,399,523		61,827,655
303 East 83rd (fka Camargue)	New York, NY	G		1976			261		79,400,000		79,122,624		9,514,116		79,400,000		88,636,740		168,036,740		(25,938,650	)		142,098,090	(H)
425 Broadway	Santa Monica, CA	G		2001			101		12,600,000		34,394,772		3,743,997		12,600,000		38,138,769		50,738,769		(11,169,257	)		39,569,512	(H)
55 West Fifth I & II (fka Townhouse Plaza and Gardens)	San Mateo, CA		—	1964/1972			241		21,041,710		71,931,323		13,813,466		21,041,710		85,744,789		106,786,499		(29,022,401	)		77,764,098		24,527,815
Alcyone	Seattle, WA	G		2004			162		11,379,497		49,360,503		1,521,001		11,379,497		50,881,504		62,261,001		(11,900,832	)		50,360,169		27,246,175
Avanti	Anaheim, CA		—	1987			162		12,960,000		18,497,683		4,104,266		12,960,000		22,601,949		35,561,949		(11,252,625	)		24,309,324		28,015,078
Avenir Apartments	Boston, MA	G		2009			241		—		114,321,619		5,726,350		—		120,047,969		120,047,969		(32,447,760	)		87,600,209		85,443,736
Calvert Woodley	Washington, D.C.		—	1962			136		12,600,000		43,527,379		2,412,100		12,600,000		45,939,479		58,539,479		(13,266,223	)		45,273,256	(H)

EQUITY RESIDENTIAL

ERP OPERATING LIMITED PARTNERSHIP

Schedule III - Real Estate and Accumulated Depreciation

December 31, 2019

Description							Initial Cost to Company				Cost Capitalized Subsequent to Acquisition (Improvements, net) (E)		Gross Amount Carried at Close of Period 12/31/19
Apartment Name	Location	Retail/ Commercial Space		Date of Construction	Apartment Units		Land		Building & Fixtures		Building & Fixtures		Land		Building & Fixtures (A)		Total (B)		Accumulated Depreciation (C)			Investment in Real Estate, Net at 12/31/19		Encumbrances
Chelsea Square	Redmond, WA		—	1991		113		3,397,100		9,289,074		2,960,815		3,397,100		12,249,889		15,646,989		(8,780,971	)		6,866,018		9,248,429
Citrus Suites	Santa Monica, CA		—	1978		70		9,000,000		16,950,326		2,141,605		9,000,000		19,091,931		28,091,931		(5,582,509	)		22,509,422	(H)
Cleveland House	Washington, D.C.		—	1953		214		18,300,000		66,392,414		5,509,932		18,300,000		71,902,346		90,202,346		(20,430,345	)		69,772,001	(H)
Columbia Crossing	Arlington, VA		—	1991		247		23,500,000		53,045,073		3,113,933		23,500,000		56,159,006		79,659,006		(16,792,580	)		62,866,426	(H)
Elevé	Glendale, CA	G		2013		208		14,080,560		56,419,440		1,010,321		14,080,560		57,429,761		71,510,321		(14,460,258	)		57,050,063		38,356,888
Estancia at Santa Clara (fka Santa Clara)	Santa Clara, CA		—	2000		450		—		123,759,804		1,914,108		—		125,673,912		125,673,912		(36,538,855	)		89,135,057	(H)
Fairchase	Fairfax, VA		—	2007		392		23,500,000		87,722,321		1,576,897		23,500,000		89,299,218		112,799,218		(24,613,974	)		88,185,244	(H)
Fairfield	Stamford, CT	G		1996		263		6,510,200		39,690,120		9,165,718		6,510,200		48,855,838		55,366,038		(36,158,521	)		19,207,517		31,381,614
Flats at DuPont Circle	Washington, D.C.		—	1967		306		35,200,000		108,768,198		4,181,605		35,200,000		112,949,803		148,149,803		(29,876,521	)		118,273,282	(H)
Glo	Los Angeles, CA	G		2008		201		16,047,023		48,650,963		3,529,222		16,047,023		52,180,185		68,227,208		(17,906,742	)		50,320,466		32,367,606
Heights on Capitol Hill	Seattle, WA	G		2006		104		5,425,000		21,138,028		1,887,584		5,425,000		23,025,612		28,450,612		(10,762,358	)		17,688,254		22,562,286
Kelvin Court (fka Alta Pacific)	Irvine, CA		—	2008		132		10,752,145		34,628,115		851,673		10,752,145		35,479,788		46,231,933		(14,415,041	)		31,816,892		26,242,091
La Terrazza at Colma Station	Colma, CA	G		2005		155		—		41,251,044		3,207,542		—		44,458,586		44,458,586		(19,788,954	)		24,669,632		25,008,472
Lofts 590	Arlington, VA		—	2005		212		20,100,000		67,909,023		785,733		20,100,000		68,694,756		88,794,756		(18,393,776	)		70,400,980		42,942,461
Longview Place	Waltham, MA		—	2004		348		20,880,000		90,255,509		10,395,783		20,880,000		100,651,292		121,531,292		(49,137,968	)		72,393,324		84,192,433
Metro on First	Seattle, WA	G		2002		102		8,540,000		12,209,981		2,455,932		8,540,000		14,665,913		23,205,913		(7,193,891	)		16,012,022		21,468,471
Moda	Seattle, WA	G		2009		251		12,649,228		36,842,012		1,903,142		12,649,228		38,745,154		51,394,382		(14,892,031	)		36,502,351	(I)
Park Place at San Mateo (fka San Mateo)	San Mateo, CA	G		2001		575		71,900,000		211,907,141		13,628,927		71,900,000		225,536,068		297,436,068		(64,679,195	)		232,756,873	(H)
SoMa Square Apartments (fka South Market)	San Francisco, CA	G		1986		410		79,900,000		177,316,977		15,704,742		79,900,000		193,021,719		272,921,719		(52,889,334	)		220,032,385	(H)
Square One	Seattle, WA		—	2014		112		7,222,544		26,277,456		99,319		7,222,544		26,376,775		33,599,319		(6,486,674	)		27,112,645	(I)
Teresina	Chula Vista, CA		—	2000		440		28,600,000		61,916,670		7,609,660		28,600,000		69,526,330		98,126,330		(34,235,450	)		63,890,880		37,940,000
Vantage Hollywood	Los Angeles, CA		—	1987		298		42,580,326		56,014,674		2,850,265		42,580,326		58,864,939		101,445,265		(13,149,796	)		88,295,469		39,550,471
Vintage	Ontario, CA		—	2005-2007		300		7,059,230		47,677,762		1,742,159		7,059,230		49,419,921		56,479,151		(23,528,467	)		32,950,684		49,085,671
Vintage at 425 Broadway (fka Promenade)	Santa Monica, CA	G		1934/2001		60		9,000,000		13,961,523		1,918,439		9,000,000		15,879,962		24,879,962		(4,816,090	)		20,063,872	(H)
West 54th	New York, NY	G		2001		222		60,900,000		48,193,837		4,230,586		60,900,000		52,424,423		113,324,423		(16,852,716	)		96,471,707		48,684,032
Westgate (fka Westgate I)	Pasadena, CA		—	2010		480		22,898,848		133,467,158		3,178,513		22,898,848		136,645,671		159,544,519		(42,104,815	)		117,439,704		96,409,896
Portfolio/Entity Encumbrances (1)						—		—		—		—		—		—		—		—			—		798,230,171
Wholly Owned Encumbered						8,425		769,823,411		2,274,256,364		160,725,623		769,823,411		2,434,981,987		3,204,805,398		(792,348,079	)		2,412,457,319		1,630,731,451
Partially Owned Unencumbered:
2300 Elliott	Seattle, WA	G		1992		92		796,800		7,173,725		7,612,428		796,800		14,786,153		15,582,953		(11,840,195	)		3,742,758		—
9th & W	Washington, DC	G		(F)		—		—		3,566,064		—		—		3,566,064		3,566,064		—			3,566,064		—
Canyon Ridge	San Diego, CA		—	1989		162		4,869,448		11,955,064		4,156,380		4,869,448		16,111,444		20,980,892		(11,815,991	)		9,164,901		—
Country Oaks	Agoura Hills, CA		—	1985		256		6,105,000		29,561,865		7,265,339		6,105,000		36,827,204		42,932,204		(22,480,257	)		20,451,947		—
Harrison Square (fka Elliot Bay)	Seattle, WA	G		1992		166		7,600,000		35,844,345		5,653,924		7,600,000		41,498,269		49,098,269		(12,916,108	)		36,182,161		—
Radius Koreatown	Los Angeles, CA		—	2014/2016		301		32,494,154		84,645,202		276,918		32,494,154		84,922,120		117,416,274		(11,662,625	)		105,753,649		—
Rosecliff	Quincy, MA		—	1990		156		5,460,000		15,721,570		4,373,677		5,460,000		20,095,247		25,555,247		(13,904,866	)		11,650,381		—
Strayhorse at Arrowhead Ranch	Glendale, AZ		—	1998		136		4,400,000		12,968,001		1,162,489		4,400,000		14,130,490		18,530,490		(7,106,675	)		11,423,815		—
Venn at Main	Bellevue, WA	G		2016		350		26,626,497		151,652,048		226,783		26,626,497		151,878,831		178,505,328		(15,894,448	)		162,610,880		—
Wood Creek II (fka Willow Brook (CA))	Pleasant Hill, CA		—	1985		228		5,055,000		38,388,672		9,286,416		5,055,000		47,675,088		52,730,088		(25,490,323	)		27,239,765		—
Partially Owned Unencumbered						1,847		93,406,899		391,476,556		40,014,354		93,406,899		431,490,910		524,897,809		(133,111,488	)		391,786,321		—
Partially Owned Encumbered:
Aero Apartments	Alameda, CA	G		(F)		—		13,107,242		18,347,948		—		13,107,242		18,347,948		31,455,190		—			31,455,190		7,049,636
Bellevue Meadows	Bellevue, WA		—	1983		180		4,507,100		12,574,814		5,863,119		4,507,100		18,437,933		22,945,033		(13,949,169	)		8,995,864		16,526,976

EQUITY RESIDENTIAL

ERP OPERATING LIMITED PARTNERSHIP

Schedule III - Real Estate and Accumulated Depreciation

December 31, 2019

Description							Initial Cost to Company				Cost Capitalized Subsequent to Acquisition (Improvements, net) (E)		Gross Amount Carried at Close of Period 12/31/19
Apartment Name	Location	Retail/ Commercial Space		Date of Construction	Apartment Units		Land		Building & Fixtures		Building & Fixtures		Land		Building & Fixtures (A)		Total (B)		Accumulated Depreciation (C)			Investment in Real Estate, Net at 12/31/19		Encumbrances
Canyon Creek (CA)	San Ramon, CA		—	1984		268		5,425,000		18,812,120		7,911,730		5,425,000		26,723,850		32,148,850		(18,327,786	)		13,821,064		28,171,906
Lantern Cove	Foster City, CA		—	1985		232		6,945,000		23,064,976		7,320,624		6,945,000		30,385,600		37,330,600		(19,807,488	)		17,523,112		36,439,783
Schooner Bay I	Foster City, CA		—	1985		168		5,345,000		20,390,618		5,854,156		5,345,000		26,244,774		31,589,774		(17,054,268	)		14,535,506		28,854,243
Schooner Bay II	Foster City, CA		—	1985		144		4,550,000		18,064,764		5,376,714		4,550,000		23,441,478		27,991,478		(15,168,558	)		12,822,920		26,159,132
Surrey Downs	Bellevue, WA		—	1986		122		3,057,100		7,848,618		3,532,712		3,057,100		11,381,330		14,438,430		(8,356,388	)		6,082,042		9,829,000
Virgil Square	Los Angeles, CA		—	1979		142		5,500,000		15,216,613		3,380,225		5,500,000		18,596,838		24,096,838		(10,021,205	)		14,075,633		9,893,916
Wisconsin Place	Chevy Chase, MD		—	2009		432		—		172,089,355		1,550,321		—		173,639,676		173,639,676		(48,686,702	)		124,952,974		147,953,509
Partially Owned Encumbered						1,688		48,436,442		306,409,826		40,789,601		48,436,442		347,199,427		395,635,869		(151,371,564	)		244,264,305		310,878,101
Total Consolidated Investment in Real Estate						79,962	$	6,024,179,752	$	19,701,445,539	$	1,807,982,135	$	6,024,179,752	$	21,509,427,674	$	27,533,607,426	$	(7,276,786,374	)	$	20,256,821,052	$	1,941,609,552

(1)See attached Encumbrances Reconciliation.

EQUITY RESIDENTIAL

ERP OPERATING LIMITED PARTNERSHIP

Schedule III - Real Estate and Accumulated Depreciation

December 31, 2019

NOTES:

(A) The balance of furniture & fixtures included in the total investment in real estate amount was $1,916,458,010 as of December 31, 2019.

(B) The cost, net of accumulated depreciation, for Federal Income Tax purposes as of December 31, 2019 was approximately $13.7 billion (unaudited).

(C) The life to compute depreciation for building is 30 years, for building improvements ranges from 5 to 15 years, for furniture & fixtures, replacements and renovations is 5 to 10 years and for lease intangibles is the average remaining term of each respective lease.

(D) This asset consists of various acquisition dates and largely represents furniture, fixtures and equipment, leasehold improvements and computer equipment and software costs owned by the Management Business, which are generally depreciated over periods ranging from 3 to 7 years.

(E) Primarily represents capital expenditures for building improvements, replacements and renovations incurred subsequent to each property’s acquisition date.

(F) Primarily represents land and/or construction-in-progress on projects either held for future development or projects currently under development.

(G) A portion of these properties includes and/or will include retail/commercial space (including parking garages).

(H) See Encumbrances Reconciliation schedule.

(I) Boot property for Bond Partnership mortgage pool.