XML 48 R36.htm IDEA: XBRL DOCUMENT
v3.25.3

Leases (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2025
Leases [Abstract] |
Summary of Lease Income Types Relating to Lease Payments Along With the Total Other Rental Income | The following table presents 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 ended September 30, 2025 and 2024 (amounts in thousands):
|  | September 30, 2025 |  |  | September 30, 2024 |
Income Type |  | Residential |  |  | Non-Residential |  |  | Total |  |  | Residential |  |  | Non-Residential |  |  | Total |
Residential and non-residential rent |  | $ | 2,064,575 |  |  | $ | 47,396 |  |  | $ | 2,111,971 |  |  | $ | 1,986,044 |  |  | $ | 48,658 |  |  | $ | 2,034,702 |
Utility recoveries (RUBS income) (1) |  |  | 76,775 |  |  |  | 609 |  |  |  | 77,384 |  |  |  | 67,731 |  |  |  | 752 |  |  |  | 68,483 |
Parking rent |  |  | 35,647 |  |  |  | 1,215 |  |  |  | 36,862 |  |  |  | 34,738 |  |  |  | 1,027 |  |  |  | 35,765 |
Other lease revenue, net (2) |  |  | 7,038 |  |  |  | (566 | ) |  |  | 6,472 |  |  |  | (3,498 | ) |  |  | (1,052 | ) |  |  | (4,550 | )
Total lease revenue |  |  | 2,184,035 |  |  |  | 48,654 |  |  |  | 2,232,689 |  |  |  | 2,085,015 |  |  |  | 49,385 |  |  |  | 2,134,400 |
Parking revenue |  |  | 1,403 |  |  |  | 30,724 |  |  |  | 32,127 |  |  |  | 1,232 |  |  |  | 31,321 |  |  |  | 32,553 |
Other revenue |  |  | 45,678 |  |  |  | 1,554 |  |  |  | 47,232 |  |  |  | 45,320 |  |  |  | 1,056 |  |  |  | 46,376 |
Total other rental income (3) |  |  | 47,081 |  |  |  | 32,278 |  |  |  | 79,359 |  |  |  | 46,552 |  |  |  | 32,377 |  |  |  | 78,929 |
Rental income |  | $ | 2,231,116 |  |  | $ | 80,932 |  |  | $ | 2,312,048 |  |  | $ | 2,131,567 |  |  | $ | 81,762 |  |  | $ | 2,213,329 |
(1) RUBS income primarily consists of variable payments representing the recovery of utility costs from residents. (2) Other lease revenue consists of the revenue adjustment related to bad debt (see below for further discussion), service fees, late fees and other miscellaneous lease revenue. (3) Other rental income is accounted for under the revenue recognition standard and primarily consists of third-party transient parking revenue and ancillary income such as cable and laundry revenue. The following table presents the lease income types relating to lease payments for residential and non-residential leases along with the total other rental income for the quarters ended September 30, 2025 and 2024 (amounts in thousands):
|  | September 30, 2025 |  |  | September 30, 2024 |
Income Type |  | Residential |  |  | Non-Residential |  |  | Total |  |  | Residential |  |  | Non-Residential |  |  | Total |
Residential and non-residential rent |  | $ | 697,378 |  |  | $ | 15,143 |  |  | $ | 712,521 |  |  | $ | 672,836 |  |  | $ | 14,948 |  |  | $ | 687,784 |
Utility recoveries (RUBS income) (1) |  |  | 25,742 |  |  |  | 210 |  |  |  | 25,952 |  |  |  | 22,275 |  |  |  | 317 |  |  |  | 22,592 |
Parking rent |  |  | 11,815 |  |  |  | 407 |  |  |  | 12,222 |  |  |  | 11,703 |  |  |  | 394 |  |  |  | 12,097 |
Other lease revenue, net (2) |  |  | 3,773 |  |  |  | 78 |  |  |  | 3,851 |  |  |  | (463 | ) |  |  | (589 | ) |  |  | (1,052 | )
Total lease revenue |  |  | 738,708 |  |  |  | 15,838 |  |  |  | 754,546 |  |  |  | 706,351 |  |  |  | 15,070 |  |  |  | 721,421 |
Parking revenue |  |  | 571 |  |  |  | 10,005 |  |  |  | 10,576 |  |  |  | 411 |  |  |  | 10,427 |  |  |  | 10,838 |
Other revenue |  |  | 16,189 |  |  |  | 1,100 |  |  |  | 17,289 |  |  |  | 15,771 |  |  |  | 318 |  |  |  | 16,089 |
Total other rental income (3) |  |  | 16,760 |  |  |  | 11,105 |  |  |  | 27,865 |  |  |  | 16,182 |  |  |  | 10,745 |  |  |  | 26,927 |
Rental income |  | $ | 755,468 |  |  | $ | 26,943 |  |  | $ | 782,411 |  |  | $ | 722,533 |  |  | $ | 25,815 |  |  | $ | 748,348 |
(1) RUBS income primarily consists of variable payments representing the recovery of utility costs from residents. (2) Other lease revenue consists of the revenue adjustment related to bad debt (see below for further discussion), service fees, late fees and other miscellaneous lease revenue. (3) Other rental income is accounted for under the revenue recognition standard and primarily consists of third-party transient parking revenue and ancillary income such as cable and laundry revenue.
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, 2025 and December 31, 2024 (amounts in thousands):
Balance Sheet (Other assets): |  | September 30, 2025 |  |  | December 31, 2024 |
Residential accounts receivable balances |  | $ | 13,393 |  |  | $ | 15,152 |
Allowance for doubtful accounts |  |  | (7,664 | ) |  |  | (9,904 | )
Net receivable balances |  | $ | 5,729 |  |  | $ | 5,248 |
Straight-line receivable balances |  | $ | 13,604 |  |  | $ | 10,234 |
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, 2025 and 2024 (amounts in thousands):
|  | Nine Months Ended September 30, |  |  | Quarter Ended September 30, |
Income Statement (Rental income): |  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Bad debt, net |  | $ | 21,930 |  |  | $ | 25,045 |  |  | $ | 6,940 |  |  | $ | 7,906 |
% of residential rental income |  |  | 1.0 | % |  |  | 1.2 | % |  |  | 0.9 | % |  |  | 1.1 | %

X
- Definition Summary of residential and non-residential accounts receivable and straight-line receivable balances. + References No definition available. + Details
Name: | eqr_SummaryOfResidentialAndNonResidentialAccountsReceivableAndStraightLineReceivableBalancesTableTextBlock
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