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CONSOLIDATED STATEMENTS OF OPERATIONS OF ERP OPERATING LIMITED PARTNERSHIP (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
REVENUES        
Rental income $ 782,411 $ 748,348 $ 2,312,048 $ 2,213,329
EXPENSES        
Property and maintenance 144,621 135,221 424,868 396,349
Real estate taxes and insurance 111,833 105,954 335,917 320,452
Property management 30,089 31,412 100,691 100,381
General and administrative 14,664 14,551 51,450 48,902
Depreciation 254,657 237,948 752,292 688,041
Total expenses 555,864 525,086 1,665,218 1,554,125
Net gain (loss) on sales of real estate properties 142,685 (165) 355,117 227,829
Interest and other income 45,219 15,844 49,040 26,501
Other expenses (30,942) (13,971) (39,903) (59,094)
Interest:        
Expense incurred, net (80,141) (72,722) (227,572) (205,762)
Amortization of deferred financing costs (2,122) (1,948) (6,369) (5,784)
Income before income and other taxes, income (loss) from investments in unconsolidated entities and net gain (loss) on sales of land parcels 301,246 150,300 777,143 642,894
Income and other tax (expense) benefit (395) (290) (1,224) (925)
Income (loss) from investments in unconsolidated entities (3,981) (1,493) (15,388) (4,865)
Net gain (loss) on sales of land parcels     (80)  
Net income 296,868 148,517 760,451 637,104
Net (income) loss attributable to Noncontrolling Interests – Partially Owned Properties (1,101) (1,059) (3,408) (3,098)
Net income attributable to controlling interests $ 289,051 $ 143,446 $ 737,999 616,716
ALLOCATION OF NET INCOME:        
Premium on redemption of Preference Units       $ 1,444
Earnings per Unit – basic:        
Net income available to Units $ 0.76 $ 0.38 $ 1.94 $ 1.62
Earnings per Unit – diluted:        
Net income available to Units $ 0.76 $ 0.38 $ 1.93 $ 1.62
Weighted average Units outstanding 390,966 391,026 391,127 390,688
ERPOP [Member]        
REVENUES        
Rental income $ 782,411 $ 748,348 $ 2,312,048 $ 2,213,329
EXPENSES        
Property and maintenance 144,621 135,221 424,868 396,349
Real estate taxes and insurance 111,833 105,954 335,917 320,452
Property management 30,089 31,412 100,691 100,381
General and administrative 14,664 14,551 51,450 48,902
Depreciation 254,657 237,948 752,292 688,041
Total expenses 555,864 525,086 1,665,218 1,554,125
Net gain (loss) on sales of real estate properties 142,685 (165) 355,117 227,829
Interest and other income 45,219 15,844 49,040 26,501
Other expenses (30,942) (13,971) (39,903) (59,094)
Interest:        
Expense incurred, net (80,141) (72,722) (227,572) (205,762)
Amortization of deferred financing costs (2,122) (1,948) (6,369) (5,784)
Income before income and other taxes, income (loss) from investments in unconsolidated entities and net gain (loss) on sales of land parcels 301,246 150,300 777,143 642,894
Income and other tax (expense) benefit (395) (290) (1,224) (925)
Income (loss) from investments in unconsolidated entities (3,981) (1,493) (15,388) (4,865)
Net gain (loss) on sales of land parcels (2)   (80)  
Net income 296,868 148,517 760,451 637,104
Net (income) loss attributable to Noncontrolling Interests – Partially Owned Properties (1,101) (1,059) (3,408) (3,098)
Net income attributable to controlling interests 295,767 147,458 757,043 634,006
ALLOCATION OF NET INCOME:        
Preference Units 356 356 1,067 1,258
Premium on redemption of Preference Units       1,444
General Partner 288,695 143,090 736,932 614,014
Limited Partners 6,716 4,012 19,044 17,290
Net income available to Units $ 295,411 $ 147,102 $ 755,976 $ 631,304
Earnings per Unit – basic:        
Net income available to Units $ 0.76 $ 0.38 $ 1.94 $ 1.62
Weighted average Units outstanding 389,446 389,379 389,667 389,379
Earnings per Unit – diluted:        
Net income available to Units $ 0.76 $ 0.38 $ 1.93 $ 1.62
Weighted average Units outstanding 390,966 391,026 391,127 390,688