XML 55 R36.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Reportable Segments (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2018
Segment Reporting [Abstract] |
Schedule of Reconciliation of NOI from Rental Real Estate Specific to Continuing Operations | The following table presents a reconciliation of NOI from our rental real estate for the quarters ended March 31, 2018 and 2017, respectively (amounts in thousands):
|  | Quarter Ended March 31, |
|  | 2018 |  |  | 2017 |
Rental income |  | $ | 632,831 |  |  | $ | 603,920 |
Property and maintenance expense |  |  | (108,202 | ) |  |  | (102,608 | )
Real estate taxes and insurance expense |  |  | (91,914 | ) |  |  | (81,728 | )
Total operating expenses |  |  | (200,116 | ) |  |  | (184,336 | )
Net operating income |  | $ | 432,715 |  |  | $ | 419,584 |
Schedule of NOI for Each Segment from Rental Real Estate Specific to Continuing Operations | The following tables present NOI for each segment from our rental real estate for the quarters ended March 31, 2018 and 2017, respectively, as well as total assets and capital expenditures at March 31, 2018 (amounts in thousands):
|  | Quarter Ended March 31, 2018 |  |  | Quarter Ended March 31, 2017 |
|  | Rental Income |  |  | Operating Expenses |  |  | NOI |  |  | Rental Income |  |  | Operating Expenses |  |  | NOI |
Same store (1) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Los Angeles |  | $ | 102,484 |  |  | $ | 29,860 |  |  | $ | 72,624 |  |  | $ | 98,636 |  |  | $ | 28,651 |  |  | $ | 69,985 |
Orange County |  |  | 22,502 |  |  |  | 5,527 |  |  |  | 16,975 |  |  |  | 21,656 |  |  |  | 5,462 |  |  |  | 16,194 |
San Diego |  |  | 22,493 |  |  |  | 5,963 |  |  |  | 16,530 |  |  |  | 21,723 |  |  |  | 5,799 |  |  |  | 15,924 |
Subtotal - Southern California |  |  | 147,479 |  |  |  | 41,350 |  |  |  | 106,129 |  |  |  | 142,015 |  |  |  | 39,912 |  |  |  | 102,103 |
San Francisco |  |  | 109,212 |  |  |  | 26,995 |  |  |  | 82,217 |  |  |  | 106,306 |  |  |  | 26,928 |  |  |  | 79,378 |
Washington D.C. |  |  | 107,155 |  |  |  | 33,663 |  |  |  | 73,492 |  |  |  | 106,443 |  |  |  | 32,332 |  |  |  | 74,111 |
New York |  |  | 119,626 |  |  |  | 47,825 |  |  |  | 71,801 |  |  |  | 119,363 |  |  |  | 45,439 |  |  |  | 73,924 |
Boston |  |  | 57,814 |  |  |  | 16,672 |  |  |  | 41,142 |  |  |  | 56,388 |  |  |  | 15,783 |  |  |  | 40,605 |
Seattle |  |  | 48,611 |  |  |  | 13,688 |  |  |  | 34,923 |  |  |  | 46,425 |  |  |  | 13,015 |  |  |  | 33,410 |
Other Markets |  |  | 487 |  |  |  | 165 |  |  |  | 322 |  |  |  | 464 |  |  |  | 196 |  |  |  | 268 |
Total same store |  |  | 590,384 |  |  |  | 180,358 |  |  |  | 410,026 |  |  |  | 577,404 |  |  |  | 173,605 |  |  |  | 403,799 |
Non-same store/other (2) (3) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Non-same store |  |  | 38,622 |  |  |  | 13,733 |  |  |  | 24,889 |  |  |  | 15,961 |  |  |  | 5,894 |  |  |  | 10,067 |
Other (3) |  |  | 3,825 |  |  |  | 6,025 |  |  |  | (2,200 | ) |  |  | 10,555 |  |  |  | 4,837 |  |  |  | 5,718 |
Total non-same store/other |  |  | 42,447 |  |  |  | 19,758 |  |  |  | 22,689 |  |  |  | 26,516 |  |  |  | 10,731 |  |  |  | 15,785 |
Totals |  | $ | 632,831 |  |  | $ | 200,116 |  |  | $ | 432,715 |  |  | $ | 603,920 |  |  | $ | 184,336 |  |  | $ | 419,584 |
(1) | For the quarters ended March 31, 2018 and 2017, same store primarily includes all properties acquired or completed that were stabilized prior to January 1, 2017, less properties subsequently sold, which represented 72,204 apartment units.
(2) | For the quarters ended March 31, 2018 and 2017, non-same store primarily includes properties acquired after January 1, 2017, plus any properties in lease-up and not stabilized as of January 1, 2017.
(3) | Other includes development, other corporate operations and operations prior to disposition for properties sold.
|  | Quarter Ended March 31, 2018 |
|  | Total Assets |  |  | Capital Expenditures |
Same store (1) |  |  |  |  |  |  |  |
Los Angeles |  | $ | 2,670,909 |  |  | $ | 5,939 |
Orange County |  |  | 325,898 |  |  |  | 1,620 |
San Diego |  |  | 417,593 |  |  |  | 1,270 |
Subtotal - Southern California |  |  | 3,414,400 |  |  |  | 8,829 |
San Francisco |  |  | 3,020,673 |  |  |  | 8,743 |
Washington D.C. |  |  | 3,771,999 |  |  |  | 5,964 |
New York |  |  | 4,447,994 |  |  |  | 5,216 |
Boston |  |  | 1,637,837 |  |  |  | 4,358 |
Seattle |  |  | 1,306,512 |  |  |  | 3,048 |
Other Markets |  |  | 12,918 |  |  |  | 77 |
Total same store |  |  | 17,612,333 |  |  |  | 36,235 |
Non-same store/other (2) (3) |  |  |  |  |  |  |  |
Non-same store |  |  | 2,276,821 |  |  |  | 454 |
Other (3) |  |  | 494,716 |  |  |  | 58 |
Total non-same store/other |  |  | 2,771,537 |  |  |  | 512 |
Totals |  | $ | 20,383,870 |  |  | $ | 36,747 |
(1) | Same store primarily includes all properties acquired or completed that were stabilized prior to January 1, 2017, less properties subsequently sold, which represented 72,204 apartment units.
(2) | Non-same store primarily includes properties acquired after January 1, 2017, plus any properties in lease-up and not stabilized as of January 1, 2017.
(3) | Other includes development, other corporate operations and capital expenditures for properties sold.

X
- Definition Represents a reconciliation of net operating income from rental real estate specific to continuing operations using rental income and operating expenses. + References No definition available. + Details
Name: | eqr_ReconciliationOfNoiTextBlockTableTextBlock
Namespace Prefix: | eqr_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8736-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration