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CONSOLIDATED BALANCE SHEETS OF ERP OPERATING LIMITED PARTNERSHIP (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
ASSETS    
Land $ 5,836,951 $ 5,814,790
Depreciable property 22,496,307 22,370,811
Projects under development 36,718 24,307
Land held for development 66,980 62,998
Investment in real estate 28,436,956 28,272,906
Accumulated depreciation (8,578,131) (8,354,282)
Investment in real estate, net 19,858,825 19,918,624
Investments in unconsolidated entities 150,092 127,448
Cash and cash equivalents 41,140 123,832
Restricted deposits 70,560 236,404
Right-of-use assets 471,667 474,713
Other assets 237,953 288,220
Total assets 20,830,237 21,169,241
Liabilities:    
Mortgage notes payable, net 2,193,199 2,191,201
Notes, net 5,836,957 5,835,222
Line of credit and commercial paper 129,995 315,030
Accounts payable and accrued expenses 157,681 107,013
Accrued interest payable 56,876 69,510
Lease liabilities 311,293 312,335
Other liabilities 303,654 353,102
Security deposits 67,515 66,141
Distributions payable 242,574 233,502
Total liabilities 9,299,744 9,483,056
Commitments and contingencies
Redeemable Limited Partners 495,760 498,977
Partners’ Capital:    
Accumulated other comprehensive income (loss) (31,847) (34,272)
Noncontrolling Interests – Partially Owned Properties 3,415 18,166
Total liabilities and equity/capital 20,830,237 21,169,241
ERPOP [Member]    
ASSETS    
Land 5,836,951 5,814,790
Depreciable property 22,496,307 22,370,811
Projects under development 36,718 24,307
Land held for development 66,980 62,998
Investment in real estate 28,436,956 28,272,906
Accumulated depreciation (8,578,131) (8,354,282)
Investment in real estate, net 19,858,825 19,918,624
Investments in unconsolidated entities 150,092 127,448
Cash and cash equivalents 41,140 123,832
Restricted deposits 70,560 236,404
Right-of-use assets 471,667 474,713
Other assets 237,953 288,220
Total assets 20,830,237 21,169,241
Liabilities:    
Mortgage notes payable, net 2,193,199 2,191,201
Notes, net 5,836,957 5,835,222
Line of credit and commercial paper 129,995 315,030
Accounts payable and accrued expenses 157,681 107,013
Accrued interest payable 56,876 69,510
Lease liabilities 311,293 312,335
Other liabilities 303,654 353,102
Security deposits 67,515 66,141
Distributions payable 242,574 233,502
Total liabilities 9,299,744 9,483,056
Commitments and contingencies
Redeemable Limited Partners 495,760 498,977
Partners’ Capital:    
Preference Units 37,280 37,280
General Partner 10,808,434 10,951,940
Limited Partners 217,451 214,094
Accumulated other comprehensive income (loss) (31,847) (34,272)
Total partners’ capital 11,031,318 11,169,042
Noncontrolling Interests – Partially Owned Properties 3,415 18,166
Total capital 11,034,733 11,187,208
Total liabilities and equity/capital $ 20,830,237 $ 21,169,241