XML 49 R33.htm IDEA: XBRL DOCUMENT
v3.21.1

Investments in Partially Owned Entities (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2021
Investments In Partially Owned Entities [Abstract] |
Summary of Company's Investment in Unconsolidated Entities | The following table and information summarizes the Company’s investments in unconsolidated entities, which are accounted for under the equity method of accounting as the requirements for consolidation are not met, as of March 31, 2021 and December 31, 2020 (amounts in thousands except for ownership percentage):
|  | March 31, 2021 |  |  | December 31, 2020 |  |  | Ownership Percentage |
Investments in Unconsolidated Entities: |  |  |  |  |  |  |  |  |  |  |  |
Operating Property (VIE) (1) |  | $ | 37,731 |  |  | $ | 38,288 |  |  | 33.3% |
Real Estate Technology (2) |  |  | 16,036 |  |  |  | 14,866 |  |  | Varies |
Other |  |  | (493 | ) |  |  | (372 | ) |  | Varies |
Investments in Unconsolidated Entities |  | $ | 53,274 |  |  | $ | 52,782 |  |  |  |  |
(1) | Represents an unconsolidated interest in an entity that owns the land underlying one of the consolidated joint venture properties noted above and owns and operates a related parking facility. The joint venture, as a limited partner, does not have substantive kick-out or participating rights in the entity. As a result, the entity qualifies as a VIE. The joint venture does not have a controlling financial interest in the VIE and is not the VIE’s primary beneficiary. The joint venture does not have the power to direct the activities of the VIE that most significantly impact the VIE’s economic performance or the obligation to absorb losses or the right to receive benefits from the VIE that could potentially be significant to the VIE. As a result, the entity that owns the land and owns and operates the parking facility is unconsolidated and recorded using the equity method of accounting.
(2) | Represents unconsolidated investments in five separate real estate technology funds/companies.

X
- Definition Investments in partially owned entities. + References No definition available. + Details
Name: | eqr_InvestmentsInPartiallyOwnedEntitiesAbstract
Namespace Prefix: | eqr_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571 + Details
Name: | us-gaap_EquityMethodInvestmentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration