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CONSOLIDATED BALANCE SHEETS OF ERP OPERATING LIMITED PARTNERSHIP - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
ASSETS    
Land $ 5,814,790 $ 5,785,367
Depreciable property 22,370,811 20,920,654
Projects under development 24,307 411,134
Land held for development 62,998 86,170
Investment in real estate 28,272,906 27,203,325
Accumulated depreciation (8,354,282) (7,859,657)
Investment in real estate, net 19,918,624 19,343,668
Investments in unconsolidated entities 127,448 52,782
Cash and cash equivalents 123,832 42,591
Restricted deposits 236,404 57,137
Right-of-use assets 474,713 499,287
Other assets 288,220 291,426
Total assets 21,169,241 20,286,891
Liabilities:    
Mortgage notes payable, net 2,191,201 2,293,890
Notes, net 5,835,222 5,335,536
Line of credit and commercial paper 315,030 414,830
Accounts payable and accrued expenses 107,013 107,366
Accrued interest payable 69,510 65,896
Lease liabilities 312,335 329,130
Other liabilities 353,102 345,064
Security deposits 66,141 60,480
Distributions payable 233,502 232,262
Total liabilities 9,483,056 9,184,454
Commitments and contingencies
Redeemable Limited Partners 498,977 338,951
Partners’ Capital:    
Accumulated other comprehensive income (loss) (34,272) (43,666)
Noncontrolling Interests – Partially Owned Properties 18,166 4,673
Total liabilities and equity/capital 21,169,241 20,286,891
ERPOP [Member]    
ASSETS    
Land 5,814,790 5,785,367
Depreciable property 22,370,811 20,920,654
Projects under development 24,307 411,134
Land held for development 62,998 86,170
Investment in real estate 28,272,906 27,203,325
Accumulated depreciation (8,354,282) (7,859,657)
Investment in real estate, net 19,918,624 19,343,668
Investments in unconsolidated entities 127,448 52,782
Cash and cash equivalents 123,832 42,591
Restricted deposits 236,404 57,137
Right-of-use assets 474,713 499,287
Other assets 288,220 291,426
Total assets 21,169,241 20,286,891
Liabilities:    
Mortgage notes payable, net 2,191,201 2,293,890
Notes, net 5,835,222 5,335,536
Line of credit and commercial paper 315,030 414,830
Accounts payable and accrued expenses 107,013 107,366
Accrued interest payable 69,510 65,896
Lease liabilities 312,335 329,130
Other liabilities 353,102 345,064
Security deposits 66,141 60,480
Distributions payable 233,502 232,262
Total liabilities 9,483,056 9,184,454
Commitments and contingencies
Redeemable Limited Partners 498,977 338,951
Partners’ Capital:    
Preference Units 37,280 37,280
General Partner 10,951,940 10,532,037
Limited Partners 214,094 233,162
Accumulated other comprehensive income (loss) (34,272) (43,666)
Total partners’ capital 11,169,042 10,758,813
Noncontrolling Interests – Partially Owned Properties 18,166 4,673
Total capital 11,187,208 10,763,486
Total liabilities and equity/capital $ 21,169,241 $ 20,286,891