XML 48 R36.htm IDEA: XBRL DOCUMENT
v3.24.3

Leases (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2024
Leases [Abstract] |
Summary of Lease Income Types Relating to Lease Payments Along With the Total Other Rental Income | The following tables present the lease income types relating to lease payments for residential and non-residential leases along with the total other rental income for the nine months and quarters ended September 30, 2024 and 2023 (amounts in thousands):
|  | Nine Months Ended September 30, 2024 |  |  | Nine Months Ended September 30, 2023 |
Income Type |  | Residential Leases |  |  | Non-Residential Leases |  |  | Total |  |  | Residential Leases |  |  | Non-Residential Leases |  |  | Total |
Residential and non-residential rent |  | $ | 1,978,847 |  |  | $ | 48,658 |  |  | $ | 2,027,505 |  |  | $ | 1,926,869 |  |  | $ | 46,642 |  |  | $ | 1,973,511 |
Utility recoveries (RUBS income) (1) |  |  | 67,731 |  |  |  | 752 |  |  |  | 68,483 |  |  |  | 64,007 |  |  |  | 662 |  |  |  | 64,669 |
Parking rent |  |  | 34,738 |  |  |  | 1,027 |  |  |  | 35,765 |  |  |  | 32,955 |  |  |  | 354 |  |  |  | 33,309 |
Other lease revenue (2) |  |  | (15,417 | ) |  |  | (1,070 | ) |  |  | (16,487 | ) |  |  | (19,172 | ) |  |  | 330 |  |  |  | (18,842 | )
Total lease revenue |  | $ | 2,065,899 |  |  | $ | 49,367 |  |  |  | 2,115,266 |  |  | $ | 2,004,659 |  |  | $ | 47,988 |  |  |  | 2,052,647 |
Parking revenue |  |  |  |  |  |  |  |  | 32,553 |  |  |  |  |  |  |  |  |  | 30,033 |
Other revenue |  |  |  |  |  |  |  |  | 65,510 |  |  |  |  |  |  |  |  |  | 63,784 |
Total other rental income (3) |  |  |  |  |  |  |  |  | 98,063 |  |  |  |  |  |  |  |  |  | 93,817 |
Rental income |  |  |  |  |  |  |  | $ | 2,213,329 |  |  |  |  |  |  |  |  | $ | 2,146,464 |
Summary of Residential Accounts Receivable and Straight-Line Receivable Balances | The following table presents residential accounts receivable and straight-line receivable balances for the Company’s properties as of September 30, 2024 and December 31, 2023 (amounts in thousands):
Balance Sheet (Other assets): |  | September 30, 2024 |  |  | December 31, 2023 |
Residential accounts receivable balances |  | $ | 16,281 |  |  | $ | 21,477 |
Allowance for doubtful accounts |  |  | (10,044 | ) |  |  | (15,846 | )
Net receivable balances |  | $ | 6,237 |  |  | $ | 5,631 |
Straight-line receivable balances |  | $ | 9,141 |  |  | $ | 9,183 |
Summary of Residential Bad Debt for Company's Properties | The following table presents residential bad debt for the Company’s properties for the nine months and quarters ended September 30, 2024 and 2023 (amounts in thousands):
|  | Nine Months Ended September 30, |  |  | Quarter Ended September 30, |
Income Statement (Rental income): |  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
Bad debt, net (1) |  | $ | 25,045 |  |  | $ | 28,862 |  |  | $ | 7,906 |  |  | $ | 9,042 |
% of residential rental income |  |  | 1.2 | % |  |  | 1.4 | % |  |  | 1.1 | % |  |  | 1.3 | %
(1) Bad debt, net benefited from additional resident payments due to governmental rental assistance programs of approximately $1.2 mi llion and $2.4 million for the nine months ended September 30, 2024 and 2023, respectively, and $0.4 million and $0.5 million for the quarters ended September 30, 2024 and 2023, respectively.

X
- Definition Summary of residential accounts receivable and straight line receivable balances. + References No definition available. + Details
Name: | eqr_SummaryOfResidentialAccountsReceivableAndStraightLineReceivableBalancesTableTextBlock
Namespace Prefix: | eqr_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Summary of residential bad debt for company's properties. + References No definition available. + Details
Name: | eqr_SummaryOfResidentialBadDebtForCompanysPropertiesTableTextBlock
Namespace Prefix: | eqr_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Tabular disclosure of components of income from operating lease. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479773/842-30-50-5 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 270 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 6A -Publisher FASB -URI https://asc.fasb.org/1943274/2147482964/270-10-50-6A + Details
Name: | us-gaap_OperatingLeaseLeaseIncomeTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration