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CONSOLIDATED BALANCE SHEETS OF ERP OPERATING LIMITED PARTNERSHIP (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
ASSETS    
Land $ 5,675,037 $ 5,581,876
Depreciable property 24,148,043 22,938,426
Projects under development 222,055 78,036
Land held for development 65,113 114,300
Investment in real estate 30,110,248 28,712,638
Accumulated depreciation (10,386,783) (9,810,337)
Investment in real estate, net 19,723,465 18,902,301
Investments in unconsolidated entities 359,810 282,049
Cash and cash equivalents 28,610 50,743
Restricted deposits 97,949 89,252
Right-of-use assets 458,673 457,266
Other assets 257,314 252,953
Total assets 20,925,821 20,034,564
Liabilities:    
Mortgage notes payable, net 1,633,414 1,632,902
Notes, net 5,945,670 5,348,417
Line of credit and commercial paper 786,561 409,131
Accounts payable and accrued expenses 165,787 87,377
Accrued interest payable 50,633 65,716
Lease liabilities 306,119 311,640
Other liabilities 294,543 272,596
Security deposits 74,350 69,178
Distributions payable 263,425 259,231
Total liabilities 9,520,502 8,456,188
Commitments and contingencies
Redeemable Limited Partners 351,803 289,248
Partners’ Capital:    
Accumulated other comprehensive income (loss) 3,534 5,704
Noncontrolling Interests – Partially Owned Properties 335 994
Total liabilities and equity/capital 20,925,821 20,034,564
ERPOP [Member]    
ASSETS    
Land 5,675,037 5,581,876
Depreciable property 24,148,043 22,938,426
Projects under development 222,055 78,036
Land held for development 65,113 114,300
Investment in real estate 30,110,248 28,712,638
Accumulated depreciation (10,386,783) (9,810,337)
Investment in real estate, net 19,723,465 18,902,301
Investments in unconsolidated entities 359,810 282,049
Cash and cash equivalents 28,610 50,743
Restricted deposits 97,949 89,252
Right-of-use assets 458,673 457,266
Other assets 257,314 252,953
Total assets 20,925,821 20,034,564
Liabilities:    
Mortgage notes payable, net 1,633,414 1,632,902
Notes, net 5,945,670 5,348,417
Line of credit and commercial paper 786,561 409,131
Accounts payable and accrued expenses 165,787 87,377
Accrued interest payable 50,633 65,716
Lease liabilities 306,119 311,640
Other liabilities 294,543 272,596
Security deposits 74,350 69,178
Distributions payable 263,425 259,231
Total liabilities 9,520,502 8,456,188
Commitments and contingencies
Redeemable Limited Partners 351,803 289,248
Partners’ Capital:    
Preference Units 17,155 37,280
General Partner 10,833,286 11,042,844
Limited Partners 199,206 202,306
Accumulated other comprehensive income (loss) 3,534 5,704
Total partners’ capital 11,053,181 11,288,134
Noncontrolling Interests – Partially Owned Properties 335 994
Total capital 11,053,516 11,289,128
Total liabilities and equity/capital $ 20,925,821 $ 20,034,564