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CONSOLIDATED BALANCE SHEETS OF ERP OPERATING LIMITED PARTNERSHIP (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
ASSETS    
Land $ 5,785,367 $ 5,785,367
Depreciable property 20,952,067 20,920,654
Projects under development 476,010 411,134
Land held for development 88,360 86,170
Investment in real estate 27,301,804 27,203,325
Accumulated depreciation (8,059,619) (7,859,657)
Investment in real estate, net 19,242,185 19,343,668
Investments in unconsolidated entities 53,274 52,782
Cash and cash equivalents 35,453 42,591
Restricted deposits 62,383 57,137
Right-of-use assets 484,999 499,287
Other assets 290,721 291,426
Total assets 20,169,015 20,286,891
Liabilities:    
Mortgage notes payable, net 2,270,700 2,293,890
Notes, net 5,337,103 5,335,536
Line of credit and commercial paper 429,753 414,830
Accounts payable and accrued expenses 168,028 107,366
Accrued interest payable 55,489 65,896
Lease liabilities 316,838 329,130
Other liabilities 335,664 345,064
Security deposits 60,939 60,480
Distributions payable 232,737 232,262
Total liabilities 9,207,251 9,184,454
Commitments and contingencies
Redeemable Limited Partners 409,523 338,951
Partners’ Capital:    
Accumulated other comprehensive income (loss) (41,363) (43,666)
Noncontrolling Interests – Partially Owned Properties 2,472 4,673
Total liabilities and equity/capital 20,169,015 20,286,891
ERPOP [Member]    
ASSETS    
Land 5,785,367 5,785,367
Depreciable property 20,952,067 20,920,654
Projects under development 476,010 411,134
Land held for development 88,360 86,170
Investment in real estate 27,301,804 27,203,325
Accumulated depreciation (8,059,619) (7,859,657)
Investment in real estate, net 19,242,185 19,343,668
Investments in unconsolidated entities 53,274 52,782
Cash and cash equivalents 35,453 42,591
Restricted deposits 62,383 57,137
Right-of-use assets 484,999 499,287
Other assets 290,721 291,426
Total assets 20,169,015 20,286,891
Liabilities:    
Mortgage notes payable, net 2,270,700 2,293,890
Notes, net 5,337,103 5,335,536
Line of credit and commercial paper 429,753 414,830
Accounts payable and accrued expenses 168,028 107,366
Accrued interest payable 55,489 65,896
Lease liabilities 316,838 329,130
Other liabilities 335,664 345,064
Security deposits 60,939 60,480
Distributions payable 232,737 232,262
Total liabilities 9,207,251 9,184,454
Commitments and contingencies
Redeemable Limited Partners 409,523 338,951
Partners’ Capital:    
Preference Units 37,280 37,280
General Partner 10,318,883 10,532,037
Limited Partners 234,969 233,162
Accumulated other comprehensive income (loss) (41,363) (43,666)
Total partners’ capital 10,549,769 10,758,813
Noncontrolling Interests – Partially Owned Properties 2,472 4,673
Total capital 10,552,241 10,763,486
Total liabilities and equity/capital $ 20,169,015 $ 20,286,891