EQUITY RESIDENTIAL EQR Balance Sheet

Equity residential (EQR)

Balance Sheet / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Dec'08
ASSETS
Land
5,883	5,936	5,955	5,889	5,918	5,875	5,866	5,986	5,960	5,996	5,985	5,927	5,902	5,899	5,874	5,835	5,777	5,864	6,424	6,374	6,357	6,295	6,329	6,296	6,281	6,192	6,201	6,264	6,319	4,554	4,609	4,565	4,384	4,367	4,158	4,161	4,107	4,110	4,093	4,003	3,948	3,650	3,629	3,669	3,671
Depreciable property
21,197	21,319	21,168	20,824	20,691	20,435	20,336	19,946	19,798	19,768	19,571	19,123	18,798	18,730	18,610	18,474	18,115	18,037	20,540	20,290	20,024	19,851	19,919	19,730	19,623	19,226	19,254	19,568	19,966	15,711	15,943	15,886	15,606	15,554	15,055	15,046	15,279	15,226	15,161	14,686	14,387	13,893	13,755	13,993	13,908
Projects under development
225	181	143	171	135	109	134	145	96	163	293	325	666	637	761	799	1,073	1,122	1,039	1,240	1,269	1,343	1,046	1,006	865	988	779	585	500	387	194	198	185	160	119	115	97	130	499	473	429	668	753	725	855
Land held for development
102	96	91	110	91	89	87	86	102	98	99	112	109	118	115	138	154	158	154	127	143	184	279	306	295	393	505	569	577	353	404	372	360	325	205	214	211	235	290	251	266	252	239	239	254
Investment in real estate
27,408	27,533	27,357	26,995	26,837	26,511	26,425	26,164	25,958	26,026	25,948	25,489	25,476	25,386	25,361	25,247	25,120	25,182	28,159	28,032	27,795	27,675	27,574	27,341	27,065	26,800	26,740	26,988	-	21,008	21,151	21,023	20,537	20,407	19,538	19,537	19,695	19,702	20,044	19,414	19,031	18,465	18,378	18,627	18,690
Accumulated depreciation
7,420	7,276	7,171	7,026	6,900	6,696	6,494	6,338	6,173	6,040	5,849	5,671	5,526	5,360	5,255	5,119	4,977	4,905	5,914	5,736	5,600	5,432	5,314	5,170	4,992	4,807	4,654	4,547	-	4,912	4,880	4,777	4,658	4,539	4,405	4,307	4,424	4,337	4,313	4,146	3,972	3,877	3,785	3,759	3,561
Investment in real estate, net
19,988	20,256	20,185	19,969	19,936	19,814	19,930	19,826	19,785	19,986	20,099	19,818	19,949	20,026	20,105	20,128	20,143	20,276	22,244	22,295	22,195	22,242	22,260	22,170	22,072	21,993	22,086	22,441	-	16,096	16,270	16,245	15,878	15,868	15,133	15,229	15,271	15,365	15,730	15,267	15,059	14,587	14,593	14,867	15,128
Investments in unconsolidated entities
55	52	52	52	62	58	57	58	59	58	59	59	59	60	60	65	66	68	74	94	89	105	128	142	205	178	165	188	193	17	17	17	14	12	11	3	3	3	0	2	5	6	4	3	5
Real estate held for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	2,181	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash and cash equivalents
82	45	28	251	29	47	32	34	44	50	46	37	42	77	517	497	368	42	37	92	49	40	31	76	37	53	972	152	56	612	45	44	219	383	45	604	306	431	43	47	60	193	637	667	890
Restricted deposits
58	71	55	58	64	68	55	54	50	50	36	254	76	141	129	77	241	55	135	103	203	72	84	84	91	103	98	197	147	250	120	193	182	152	369	361	309	180	109	108	163	352	360	158	152
Right-of-use assets
507	512	481	431	434	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Escrow deposits mortgage
-	-	-	-	-	-	-	-	-	-	10	21	68	-	62	61	59	56	54	52	50	48	45	45	43	42	40	41	39	9	10	9	11	10	10	10	12	12	19	17	20	17	18	17	19
Deferred financing costs, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	57	59	55	58	60	63	55	58	66	71	71	44	38	41	45	44	37	35	39	42	44	41	44	46	50	54	53
Other assets
226	233	249	227	241	404	465	433	444	425	445	445	413	398	421	398	422	428	405	383	384	383	396	409	384	404	379	390	358	170	164	161	129	187	149	151	133	148	138	138	164	213	126	154	283
Total assets
20,919	21,172	21,054	20,990	20,768	20,394	20,542	20,406	20,383	20,570	20,697	20,636	20,608	20,704	21,297	21,229	21,301	23,110	23,008	23,081	23,029	22,950	23,008	22,991	22,889	22,834	23,811	23,482	23,795	17,201	16,668	16,714	16,481	16,659	15,756	16,398	16,075	16,184	16,086	15,625	15,518	15,417	15,791	15,923	16,535
Liabilities:
Mortgage notes payable, net
1,940	1,941	2,000	2,600	2,671	2,385	2,789	2,894	2,894	3,618	3,619	3,743	3,766	4,119	4,138	4,147	4,223	4,685	4,891	4,952	4,957	5,086	5,090	5,158	5,167	5,174	6,230	6,247	6,380	3,898	3,948	4,004	4,056	4,111	4,136	4,352	4,583	4,762	4,845	4,754	4,825	4,783	4,885	5,028	5,036
Notes, net
6,079	6,077	6,700	6,500	5,936	5,933	5,534	5,532	5,530	5,038	5,143	4,456	4,848	4,848	4,360	4,362	4,360	5,848	5,881	5,875	5,430	5,425	5,420	5,923	5,477	5,477	5,476	5,475	5,379	4,630	5,354	5,354	5,355	5,609	4,614	5,096	5,092	5,185	5,185	4,584	4,578	4,609	4,949	4,945	5,447
Line of credit and commercial paper
612	1,017	354	0	344	499	499	345	234	299	229	764	314	19	0	0	0	387	29	0	470	333	446	0	298	115	0	0	395	0	7	35	0	0	26	0	0	0	146	320	91	0	0	0	0
Accounts payable and accrued expenses
165	94	151	108	152	102	182	146	167	114	167	137	165	147	199	186	215	187	253	193	202	153	203	168	161	118	166	84	104	38	105	72	77	35	97	69	80	39	111	81	95	58	131	113	108
Accrued interest payable
65	66	73	64	74	62	69	63	69	58	72	48	74	60	69	58	69	85	86	87	84	89	86	78	78	78	85	86	88	76	78	82	79	88	69	92	71	98	71	97	68	101	72	107	113
Lease liabilities
330	331	333	281	282	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other liabilities
298	346	312	302	321	358	344	344	335	341	332	324	308	350	353	333	347	366	353	355	383	389	349	331	321	347	331	318	401	304	370	430	261	291	409	306	260	304	341	312	251	272	264	258	289
Security deposits
69	70	70	69	68	67	67	66	64	65	65	63	63	62	64	64	63	77	76	76	75	75	75	74	72	71	71	71	72	66	68	68	65	65	62	60	60	60	62	62	62	59	60	62	64
Distributions payable
232	218	218	218	218	206	206	206	206	192	192	191	191	192	1,331	191	191	209	209	209	208	188	188	187	187	243	149	150	150	260	108	109	109	179	106	106	106	140	102	102	102	100	100	142	141
Total liabilities
9,795	10,164	10,152	10,175	10,069	9,615	9,693	9,600	9,504	9,729	9,823	9,730	9,733	9,801	10,517	9,344	9,471	11,847	11,781	11,748	11,813	11,742	11,860	11,922	11,764	11,626	12,512	12,435	12,973	9,275	10,040	10,157	10,005	10,380	9,523	10,084	10,256	10,592	10,865	10,315	10,075	9,984	10,464	10,658	11,202
Commitments and contingencies
-	-	-	-	-	-	0	0	0	-	0	0	0	0	0	0	0	0	-	-	-	-	-	0	0	-	0	0	0	-	0	0	-	0	0	0	-	0	-	-	-	-	-	0	-
Redeemable Limited Partners
353	463	-	-	-	379	381	366	354	-	380	380	359	442	441	478	521	566	522	488	541	500	430	440	405	363	376	407	386	398	414	452	457	416	378	438	416	383	357	313	295	258	236	185	264
Capital:
Partners’ Capital:
Preferred Shares of beneficial interest, $0.01 par value; 100,000,000 shares authorized; 745,600 shares issued and outstanding as of September 30, 2018 and December 31, 2017
-	-	-	-	-	-	37	37	37	-	37	37	37	37	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	200	200	200	200	200	208	208	208	208	208	208	208
Preferred Shares of beneficial interest, $0.01 par value; 100,000,000 shares authorized; 745,600 shares issued and outstanding as of December 31, 2016 and December 31, 2015
-	-	-	-	-	-	-	-	-	-	-	-	-	-	37	37	37	37	40	40	40	50	50	50	50	50	50	50	50	50	50	200	200	200	-	-	-	-	-	-	-	-	-	-	-
Preferred Stock, Par or Stated Value Per Share
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.01	-	-	-	-	-	-	-	-	-	-	-
Preferred Stock, Shares Authorized
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	100	-	-	-	-	-	-	-	-	-	-	-
Preferred Stock, Shares Issued
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	-	-	-	-	-	-	-	-	-	-	-
Preferred Stock, Shares Outstanding
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	-	-	-	-	-	-	-	-	-	-	-
Common Shares of beneficial interest, $0.01 par value; 1,000,000,000 shares authorized; 368,409,586 shares issued and outstanding as of September 30, 2018 and 368,018,082 shares issued and outstanding as of December 31, 2017
-	-	-	-	-	-	3	3	3	-	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	2	2	2	2	2	2	2	2	2	2	2	2
Common Stock, Par or Stated Value Per Share
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.01	-	-	-	-	-	-	-	-	-	-	-
Common Stock, Shares Authorized
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,000	-	-	-	-	-	-	-	-	-	-	-
Common Stock, Shares, Issued
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	297	-	-	-	-	-	-	-	-	-	-	-
Common Shares outstanding at January 1,
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	297	-	-	-	-	-	-	-	-	-	-	-
Paid in capital
-	-	-	-	-	-	8,900	8,905	8,910	-	8,848	8,838	8,846	8,758	8,741	8,718	8,658	8,572	8,584	8,607	8,539	8,536	8,574	8,527	8,541	8,561	8,542	8,496	8,492	6,542	5,364	5,226	5,152	5,047	5,032	4,947	4,898	4,741	4,503	4,524	4,508	4,477	4,364	4,373	4,273
Retained earnings
-	-	-	-	-	-	1,344	1,329	1,415	-	1,464	1,511	1,501	1,543	1,451	2,524	2,490	2,009	2,007	2,012	1,928	1,950	1,915	1,875	1,944	2,047	2,171	1,939	1,759	887	770	654	656	615	684	680	228	203	150	220	310	353	405	365	456
Accumulated other comprehensive income (loss)
-72	-77	-84	-89	-75	-64	-50	-67	-77	-88	-94	-101	-109	-113	-118	-123	-126	-152	-157	-163	-180	-172	-164	-166	-162	-155	-169	-166	-182	-193	-197	-198	-189	-196	-185	-80	-50	-57	-116	-79	-8	4	-21	-22	-35
Total shareholders equity
-	-	-	-	-	-	10,235	10,208	10,289	-	10,259	10,290	10,280	10,229	10,115	11,160	11,063	10,470	10,478	10,500	10,331	10,368	10,378	10,289	10,376	10,507	10,598	10,322	10,123	7,289	5,990	5,885	5,822	5,669	5,735	5,750	5,278	5,090	4,748	4,877	5,021	5,047	4,959	4,928	4,905
Noncontrolling Interests:
Operating Partnership
-	-	-	-	-	-	233	232	234	-	228	229	228	221	219	241	240	221	221	221	219	214	213	213	215	211	213	209	205	159	147	144	123	119	120	122	115	110	106	108	114	116	118	136	137
Noncontrolling Interests – Partially Owned Properties
4	1	-1	-1	-5	-2	-2	-1	1	4	6	6	6	10	4	4	4	4	4	122	122	124	125	125	127	126	110	107	105	77	75	74	73	74	-1	3	7	7	8	9	10	11	12	13	25
Preference Interests and Units
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Total Noncontrolling Interests
-	-	-	-	-	-	231	231	235	-	234	235	235	231	223	246	244	225	226	343	342	339	339	338	342	337	324	316	311	237	223	218	196	193	119	125	123	118	115	118	125	127	130	149	163
Total equity
-	-	-	-	-	-	10,467	10,439	10,525	-	10,493	10,525	10,515	10,460	10,338	11,406	11,308	10,696	10,704	10,844	10,673	10,707	10,717	10,628	10,719	10,845	10,922	10,638	10,435	7,527	6,213	6,104	6,018	5,862	5,854	5,875	5,402	5,208	4,863	4,995	5,147	5,174	5,090	5,078	5,068
Total liabilities and equity/capital
20,919	21,172	21,054	20,990	20,768	20,394	20,542	20,406	20,383	20,570	20,697	20,636	20,608	20,704	21,297	21,229	21,301	23,110	23,008	23,081	23,029	22,950	23,008	22,991	22,889	22,834	23,811	23,482	23,795	17,201	16,668	16,714	16,481	16,659	15,756	16,398	16,075	16,184	16,086	15,625	15,518	15,417	15,791	15,923	16,535
ERPOP [Member]
Land
5,883	5,936	5,955	5,889	5,918	5,875	-	-	-	5,996	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciable property
21,197	21,319	21,168	20,824	20,691	20,435	-	-	-	19,768	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Projects under development
225	181	143	171	135	109	-	-	-	163	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Land held for development
102	96	91	110	91	89	-	-	-	98	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investment in real estate
27,408	27,533	27,357	26,995	26,837	26,511	-	-	-	26,026	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accumulated depreciation
7,420	7,276	7,171	7,026	6,900	6,696	-	-	-	6,040	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investment in real estate, net
19,988	20,256	20,185	19,969	19,936	19,814	-	-	-	19,986	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investments in unconsolidated entities
55	52	52	52	62	58	-	-	-	58	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash and cash equivalents
82	45	28	251	29	47	-	-	-	50	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restricted deposits
58	71	55	58	64	68	-	-	-	50	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Right-of-use assets
507	512	481	431	434	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets
226	233	249	227	241	404	-	-	-	425	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total assets
20,919	21,172	21,054	20,990	20,768	20,394	-	-	-	20,570	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Mortgage notes payable, net
1,940	1,941	1,962	2,599	2,671	2,385	-	-	-	3,618	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Notes, net
6,079	6,077	6,675	6,531	5,936	5,933	-	-	-	5,038	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Line of credit and commercial paper
612	1,017	354	-	344	499	-	-	-	299	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable and accrued expenses
165	94	151	108	152	102	-	-	-	114	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued interest payable
65	66	73	64	74	62	-	-	-	58	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Lease liabilities
330	331	333	281	282	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other liabilities
298	346	312	302	321	358	-	-	-	341	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Security deposits
69	70	70	69	68	67	-	-	-	65	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions payable
232	218	218	218	218	206	-	-	-	192	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total liabilities
9,795	10,164	10,152	10,175	10,069	9,615	-	-	-	9,729	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Redeemable Limited Partners
353	463	494	436	432	379	-	-	-	366	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preference Units
37	37	37	37	37	37	-	-	-	37	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General Partner
10,565	10,355	10,229	10,206	10,084	10,200	-	-	-	10,293	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Limited Partners
235	227	226	227	225	228	-	-	-	226	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accumulated other comprehensive income (loss)
-72	-77	-84	-89	-75	-64	-	-	-	-88	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total partners’ capital
10,765	10,543	10,408	10,380	10,271	10,401	-	-	-	10,469	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Noncontrolling Interests – Partially Owned Properties
4	1	-1	-1	-5	-2	-	-	-	4	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total capital
10,770	10,544	10,406	10,379	10,266	10,399	-	-	-	10,473	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total liabilities and equity/capital
20,919	21,172	21,054	20,990	20,768	20,394	-	-	-	20,570	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-