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v3.25.1

Equity, Capital and Other Interests (Tables) | 3 Months Ended
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Mar. 31, 2025
Class Of Stock [Line Items] |
Changes in Issued and Outstanding Common Shares and Units | The following table presents the changes in the Company’s issued and outstanding Common Shares and Units for the quarters ended March 31, 2025 and 2024:
|  | 2025 |  |  | 2024 |
Common Shares |  |  |  |  |  |
Common Shares outstanding at January 1, |  |  | 379,475,383 |  |  |  | 379,291,417 |
Common Shares Issued: |  |  |  |  |  |
Conversion of OP Units |  |  | 107,399 |  |  |  | 7,967 |
Exercise of share options |  |  | 67,804 |  |  |  | 82,742 |
Employee Share Purchase Plan (ESPP) |  |  | 15,062 |  |  |  | 32,496 |
Restricted share grants, net |  |  | 175,030 |  |  |  | 177,581 |
Common Shares Other: |  |  |  |  |  |
Repurchased and retired |  |  | — |  |  |  | (652,452 | )
Common Shares outstanding at March 31, |  |  | 379,840,678 |  |  |  | 378,939,751 |
Units |  |  |  |  |  |
Units outstanding at January 1, |  |  | 11,543,773 |  |  |  | 11,581,306 |
Restricted unit grants, net |  |  | 286,898 |  |  |  | 159,283 |
Conversion of OP Units to Common Shares |  |  | (107,399 | ) |  |  | (7,967 | )
Units outstanding at March 31, |  |  | 11,723,272 |  |  |  | 11,732,622 |
Total Common Shares and Units outstanding at March 31, |  |  | 391,563,950 |  |  |  | 390,672,373 |
Units Ownership Interest in Operating Partnership |  |  | 3.0 | % |  |  | 3.0 | %
Changes in Redemption Value of Redeemable Noncontrolling Interests - Operating Partnership/Redeemable Limited Partners | The following table presents the changes in the redemption value of the Redeemable Noncontrolling Interests – Operating Partnership/Redeemable Limited Partners for the quarters ended March 31, 2025 and 2024, respectively (amounts in thousands):
|  | 2025 |  |  | 2024 |
Balance at January 1, |  | $ | 338,563 |  |  | $ | 289,248 |
Change in market value |  |  | (755 | ) |  |  | 8,815 |
Change in carrying value |  |  | (109 | ) |  |  | 156 |
Balance at March 31, |  | $ | 337,699 |  |  | $ | 298,219 |
Issued and Outstanding Preferred Shares and Preference Units | The following table presents the Company’s issued and outstanding Preferred Shares/Preference Units as of March 31, 2025 and December 31, 2024:
|  |  |  |  |  |  | Amounts in thousands |
|  |  |  | Annual |  |  |  |  |  |  |
|  | Call |  | Dividend Per |  |  | March 31, |  |  | December 31, |
|  | Date (1) |  | Share/Unit (2) |  |  | 2025 |  |  | 2024 |
Preferred Shares/Preference Units of beneficial interest, $0.01 par value; 100,000,000 shares authorized: |  |  |  |  |  |  |  |  |  |  |
8.29% Series K Cumulative Redeemable Preferred Shares/Preference Units; liquidation value $50 per share/unit; 343,100 shares/units issued and outstanding as of March 31, 2025 and December 31, 2024 |  | 12/10/2026 |  | $ | 4.145 |  |  | $ | 17,155 |  |  | $ | 17,155 |
|  |  |  |  |  |  | $ | 17,155 |  |  | $ | 17,155 |
(1) On or after the call date, redeemable Preferred Shares/Preference Units may be redeemed for cash at the option of the Company or the Operating Partnership, respectively, in whole or in part, at a redemption price equal to the liquidation price per share/unit, plus accrued and unpaid distributions, if any. (2) Dividends on Preferred Shares/Preference Units are payable quarterly.
ERPOP [Member] |
Class Of Stock [Line Items] |
Changes in Issued and Outstanding Common Shares and Units | The following table presents the changes in the Operating Partnership’s issued and outstanding General Partner Units and Limited Partner Units for the quarters ended March 31, 2025 and 2024:
|  | 2025 |  |  | 2024 |
General and Limited Partner Units |  |  |  |  |  |
General and Limited Partner Units outstanding at January 1, |  |  | 391,019,156 |  |  |  | 390,872,723 |
Issued to General Partner: |  |  |  |  |  |
Exercise of EQR share options |  |  | 67,804 |  |  |  | 82,742 |
EQR’s Employee Share Purchase Plan (ESPP) |  |  | 15,062 |  |  |  | 32,496 |
EQR’s restricted share grants, net |  |  | 175,030 |  |  |  | 177,581 |
Issued to Limited Partners: |  |  |  |  |  |
Restricted unit grants, net |  |  | 286,898 |  |  |  | 159,283 |
General Partner Other: |  |  |  |  |  |
OP Units repurchased and retired |  |  | — |  |  |  | (652,452 | )
General and Limited Partner Units outstanding at March 31, |  |  | 391,563,950 |  |  |  | 390,672,373 |
Limited Partner Units |  |  |  |  |  |
Limited Partner Units outstanding at January 1, |  |  | 11,543,773 |  |  |  | 11,581,306 |
Limited Partner restricted unit grants, net |  |  | 286,898 |  |  |  | 159,283 |
Conversion of Limited Partner OP Units to EQR Common Shares |  |  | (107,399 | ) |  |  | (7,967 | )
Limited Partner Units outstanding at March 31, |  |  | 11,723,272 |  |  |  | 11,732,622 |
Limited Partner Units Ownership Interest in Operating Partnership |  |  | 3.0 | % |  |  | 3.0 | %

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