EQUITY RESIDENTIAL EQR Cash Flow

Equity residential (EQR)

CashFlow / TTM

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	Mar'09
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income
1,233,122	1,009,708	830,790	776,790	573,901	685,192	692,888	613,238	698,988	628,381	800,678	873,974	898,214	4,480,104	4,391,443	4,379,407	4,449,625	908,018	921,339	947,073	766,175	658,683	547,512	708,039	927,051	1,905,353	2,173,882	2,018,488	1,790,071	881,204	604,206	480,860	954,298	935,197	1,026,008	942,857	371,193	295,983	145,082	258,621	354,464	382,029	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation
839,290	831,083	818,057	801,197	793,631	785,725	784,654	774,136	761,090	743,749	720,371	715,501	711,732	705,649	709,275	726,104	744,259	765,895	777,951	772,361	768,215	758,861	749,028	838,168	978,482	1,013,353	998,149	887,374	729,922	684,992	684,173	680,792	669,361	663,616	668,091	676,657	690,032	673,403	650,583	626,216	602,621	600,375	0	0	0
Amortization of deferred financing costs
11,575	11,670	10,920	11,315	9,767	11,310	11,133	9,921	9,909	8,526	9,080	9,277	9,535	12,633	13,067	13,413	13,606	10,801	10,268	10,289	10,885	11,088	15,115	16,822	18,041	22,425	26,915	25,927	25,637	21,435	15,461	16,835	17,746	17,846	15,194	12,938	10,283	10,406	11,462	12,391	13,327	13,127	0	0	0
Amortization of above/below market lease intangibles
-71	-71	1,045	2,161	3,276	4,392	4,393	4,307	4,070	3,828	3,589	3,435	3,431	3,426	3,414	3,399	3,387	3,382	3,380	3,383	3,239	3,222	1,060	1,212	1,435	898	2,214	1,216	292	0	0	0	0	-	-	-	-	-	-	-	-	1,661	0	0	0
Amortization of discounts and premiums on debt
11,638	11,780	11,558	37,313	22,667	22,781	22,878	5,408	3,938	3,536	2,360	2,415	2,707	-17,986	-21,179	-23,968	-26,381	-10,569	-12,488	-13,255	-14,333	-13,520	-127,577	-139,284	-152,306	-156,439	-39,998	-27,674	-13,685	-8,181	-7,417	-5,867	-3,418	-1,478	-1,781	-743	-663	-471	3,965	4,439	4,716	5,857	0	0	0
Amortization of deferred settlements on derivative instruments
22,417	21,176	19,197	18,034	18,042	18,440	18,730	18,903	19,055	18,847	18,503	18,076	17,675	41,680	41,779	42,174	42,455	18,075	17,612	17,017	16,543	16,334	16,129	15,845	15,464	19,607	19,321	19,039	18,854	14,144	11,873	9,119	6,415	3,808	3,267	3,230	3,033	2,804	2,203	1,822	1,673	2,228	0	0	0
Amortization of right-of-use assets
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Write-off of pursuit costs
5,708	5,529	5,423	5,371	4,967	4,450	3,902	3,626	3,322	3,106	3,042	3,075	3,359	4,092	3,935	3,790	3,833	2,878	3,862	3,766	3,648	3,607	3,282	3,311	3,103	5,184	6,884	8,856	10,555	9,056	7,164	5,602	4,426	5,075	5,812	6,248	5,909	5,272	6,377	6,738	5,692	4,838	0	0	0
Property acquisition costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
(Income) loss from investments in unconsolidated entities
65,495	65,945	66,232	66,399	-3,397	-3,667	-4,210	-3,623	-3,274	-3,370	-3,198	4,950	4,832	4,801	6,483	-2,308	10,958	15,025	16,637	-1,548	-6,398	-7,952	-126,122	-103,671	-103,113	-58,156	57,748	54,526	46,352	-14	0	0	0	-	-	-	-	-735	-1,178	-1,517	-3,084	-2,815	0	0	0
Distributions from unconsolidated entities – return on capital
2,028	2,621	3,093	3,691	2,570	2,492	2,486	2,475	2,599	2,632	2,729	2,726	2,856	2,863	3,342	4,030	4,880	4,741	4,577	5,373	5,172	5,570	5,519	4,283	3,138	2,481	1,640	923	743	575	455	517	367	319	318	42	41	61	85	132	155	153	0	0	0
Net (gain) loss on sales of investment securities and other investments
-	-	-	-	-	-	-	-	-	-	-	-	-	58,409	58,555	55,295	1,082	526	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (gain) loss on sales of real estate properties
655,621	447,600	269,366	253,438	114,566	256,800	272,130	174,786	262,563	157,057	314,945	387,653	357,283	4,044,055	3,910,313	3,887,216	3,978,662	335,134	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (gain) on sales of unconsolidated entities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	28,101	32,072	13,487	8,402	10,689	0	0	0
Net (gain) loss on sales of land parcels
-	2,000	0	0	0	-	-	-	-	19,167	19,142	23,179	23,202	15,731	15,759	11,722	11,722	-1	3,430	4,482	5,306	5,277	1,894	-1,595	12,197	12,227	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (gain) loss on sales of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	43	43	15	15	0	-44	-45	108	179	46,151	447,855	837,654	2,036,505	2,231,408	1,933,099	1,614,244	548,278	374,836	348,306	835,691	826,489	987,518	919,939	361,674	297,956	129,904	249,754	333,464	335,299	0	0	0
Net (gain) loss on debt extinguishment
-	-	-	-	-	-22,110	-22,110	-22,110	-22,670	-12,258	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-17,525	0	0	0
Realized/unrealized (gain) loss on derivative instruments
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-3,055	-3,061	99	39	60	-36	-184	-73	-70	34	26	2	1	-187	-2,756	-187	-186	2	2,571	2	1	0	0	0	-	-	-	-
Compensation paid with Company Common Shares
22,487	24,449	25,639	26,882	26,660	27,132	27,268	27,002	27,402	24,997	24,989	24,828	28,436	30,530	30,878	31,319	30,964	34,607	32,165	29,655	28,172	27,543	31,102	35,290	38,219	35,474	33,015	30,043	26,100	24,832	25,291	25,666	23,621	21,177	20,881	20,338	19,642	18,875	18,584	19,236	18,680	17,843	0	0	0
Other operating activities, net
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in assets and liabilities:
Decrease in deposits restricted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-5,739	-	785	3,848	1,868	1,740	-5,613	6,716	-5,835	-3,684	10,493	-6,799	8,592	4,091	-1,672	-3,882	-5,734	-4,523	-1,710	-49	759	3,316	1,698	78	-1,078	-3,117	0	0	0
Decrease in mortgage deposits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-259	-	-570	-1,257	-1,371	-1,452	-3,722	-2,415	-3,089	-1,813	957	1,605	2,257	-176	-1,079	-1,437	-2,409	-2,133	0	0	0	-	-	-	-	-	-	-	-
(Increase) decrease in other assets
-2,217	-6,278	-1,776	-5,290	-5,168	-4,097	-4,025	-39,813	4,786	449	-3,875	38,642	-2,913	-31,147	12,127	7,306	20,391	41,803	7,509	-9,475	-36,149	-21,773	-14,911	-6,792	-349	-3,742	41,765	38,733	23,369	20,411	-8,057	-24,730	20,776	2,743	-18,672	-20,671	-13,021	-9,048	-1,030	1,655	-6,803	-11,768	0	0	0
Increase (decrease) in accounts payable and accrued expenses
3,900	5,116	-2,796	-4,823	12,930	-1,862	7,653	12,425	18,057	11,532	15,203	10,605	3,447	-6,061	-23,681	-16,180	-14,153	-1,667	4,851	1,196	7,984	17,797	17,559	19,224	13,994	6,229	-4,580	-11,940	3,780	-2,102	7,203	961	-2,583	332	-10,916	-1,649	-71	-5,454	-4,009	-17,479	-14,402	-34,524	0	0	0
Increase (decrease) in accrued interest payable
-8,103	4,230	4,615	817	4,275	4,587	-3,679	14,518	-4,630	-2,911	3,370	-9,352	4,979	-24,275	-16,642	-28,956	-15,266	-4,319	-389	8,742	6,530	11,231	1,119	-7,743	-10,427	-9,219	-4,821	-7,868	-2,227	-11,898	8,974	-9,889	7,517	-10,510	-1,479	-4,689	2,295	-4,000	-2,378	-11,075	-6,373	-11,997	0	0	0
Increase (decrease) in lease liabilities
-2,336	-2,269	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase (decrease) in other liabilities
18,513	13,382	-190	-11,132	-4,672	16,578	5,972	11,557	17,164	-23,468	-29,923	-16,818	-48,043	-26,422	-17,600	-18,714	-3,127	12,269	13,730	14,577	26,324	8,437	20,655	9,613	7,644	15,401	-70,932	-149,552	1,428	2,987	80,440	154,825	3,713	-8,245	-6,071	-5,842	1,141	9,972	4,237	5,012	6,652	2,220	0	0	0
Accumulated other comprehensive income (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Increase (decrease) in security deposits
739	2,804	3,221	2,227	3,587	2,249	1,947	3,152	1,624	2,385	1,170	-594	-468	-14,958	-12,874	-11,870	-11,702	1,949	1,196	1,604	2,559	4,041	4,260	2,635	50	-6,361	-8,245	-7,357	-3,748	1,702	6,685	7,486	4,684	4,474	-476	-1,789	-2,394	1,007	1,491	-8	-847	-5,091	0	0	0
Net cash provided by operating activities
1,465,890	1,456,984	1,406,284	1,361,614	1,368,822	1,356,295	1,339,843	1,392,129	1,322,902	1,265,788	1,364,938	1,298,160	1,316,645	1,214,123	1,112,603	1,156,657	1,210,115	1,356,628	1,373,148	1,379,584	1,335,065	1,324,073	1,116,094	1,070,633	1,012,305	868,916	951,382	879,225	1,005,424	1,046,155	1,048,282	992,739	847,184	800,467	779,407	761,767	761,445	726,037	699,225	661,949	680,481	670,812	0	0	0
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisition of Archstone, net of cash acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	232	4,000,875	4,000,875	4,000,875	4,000,643	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Investment in real estate – acquisitions
-	1,518,878	1,147,236	1,160,678	912,896	708,092	0	0	0	-	-	-	-	205,880	377,642	355,021	485,296	331,336	224,906	341,518	328,174	469,989	404,658	265,466	256,843	108,308	187,425	431,509	660,864	843,976	1,571,877	1,486,977	1,500,843	1,441,599	715,777	980,013	814,806	1,189,210	0	0	0	-	-	-	-
Investment in real estate – development/other
202,569	195,692	190,096	171,006	158,945	154,431	150,768	177,130	213,904	276,382	339,510	429,859	519,952	566,825	622,641	642,407	657,867	653,897	635,454	609,073	554,241	530,387	501,168	468,523	434,550	377,442	320,659	256,775	209,765	180,409	143,695	135,393	126,777	120,741	126,780	127,973	129,794	131,301	160,692	200,147	279,799	330,623	0	0	0
Capital expenditures to real estate
182,747	178,423	178,717	184,042	185,772	188,501	197,468	199,297	200,057	202,607	190,884	187,024	177,572	172,177	172,226	174,601	177,845	182,113	187,214	191,007	191,936	185,957	172,131	155,475	141,408	135,816	135,159	141,762	149,202	152,828	152,917	147,908	144,786	144,452	145,319	143,889	142,408	138,208	129,847	123,999	122,984	123,937	0	0	0
Non-real estate capital additions
8,453	4,955	3,489	3,826	4,332	4,505	3,885	2,997	2,408	1,506	2,040	3,126	4,815	5,731	6,074	5,295	4,727	3,991	5,224	5,423	5,596	5,286	3,221	3,151	2,351	4,134	5,464	6,922	8,534	8,821	8,947	7,823	6,662	7,110	6,848	6,366	5,315	2,991	1,735	1,533	1,669	2,028	0	0	0
Interest capitalized for real estate under development
7,516	6,884	6,514	6,002	5,774	6,260	7,673	12,601	19,740	26,290	32,957	39,691	45,443	51,451	147,393	118,703	89,444	59,885	45,072	47,387	50,261	52,782	-52,515	-52,352	-51,700	-47,321	-39,679	-32,460	-25,926	-22,509	-18,953	-15,480	-12,404	-9,108	-8,743	-8,751	-10,343	-13,008	-16,351	-21,781	-28,607	-34,859	0	0	0
Proceeds from disposition of real estate, net
0	-	-	-	-	691,526	726,109	374,458	589,189	384,583	590,533	706,776	600,819	6,824,659	6,631,375	6,540,066	6,665,721	504,748	755,608	854,151	665,578	522,647	341,284	835,813	1,596,056	4,551,454	4,873,800	4,480,204	3,800,345	1,049,219	708,235	639,593	1,446,643	1,500,583	1,940,572	1,761,633	825,841	672,700	292,505	644,608	858,972	887,055	0	0	0
Investments in unconsolidated entities
8,781	9,604	10,784	12,044	10,053	6,571	5,570	6,645	7,129	6,034	6,764	5,925	6,070	5,266	3,847	20,062	21,509	23,019	24,198	11,000	11,924	15,768	21,676	22,338	72,442	66,471	59,231	53,558	3,178	5,291	6,579	7,029	4,051	2,021	0	0	0	-	-	-	-	-	-	-	-
Distributions from unconsolidated entities – return of capital
-	-	-	-	-	-	-	-	-	334	329	13,387	13,575	13,798	19,697	25,521	32,511	51,144	71,996	65,271	115,082	103,793	77,042	90,140	33,151	25,471	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Purchase of investment securities and other investments
19	269	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of investment securities and other investments
-	-	-	-	-	-	-	-	-	-	-	-	-	72,815	75,737	71,450	3,965	2,535	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	215,753	0	0	0
Purchase of investment securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	77,822	0	0	0
Property acquisition costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Decrease (increase) in deposits on real estate acquisitions and investments, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	43,872	-	50,274	19,222	111,687	-33,004	-16,649	-98,804	-54,930	-143,694	-18,229	-8,424	-31,070	97,984	-249,478	-138,244	-88,123	-7,631	321,611	262,953	152,975	-137,106	-245,125	-7,959	25,034	250,257	0	0	0
(Increase) in mortgage deposits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Decrease (increase) in mortgage deposits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	169	188	-830	-798	-830	-3,564	-3,329	-7,893	-7,385	-4,248	-5,834	-1,444	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used for) investing activities
-158,780	-771,824	-766,194	-661,813	-871,167	-376,834	-347,341	-633,865	-374,356	-594,296	-363,998	-12,672	80,064	5,903,942	5,467,063	5,381,742	5,234,644	-695,814	-404,736	-355,037	-519,609	-644,666	-715,457	60,393	730,317	-6,977	177,308	-430,898	-1,220,863	-261,155	-946,055	-994,079	-241,067	-197,208	641,293	251,249	-402,630	-639,458	-1,037,204	-545,294	-99,206	105,229	0	0	0
CASH FLOWS FROM FINANCING ACTIVITIES:
Debt financing costs
18,501	19,812	16,253	10,298	5,730	8,583	0	0	0	-	-	-	-	13,305	577	510	6,822	6,425	6,739	6,453	10,922	10,982	8,870	9,401	2,717	16,526	34,864	34,932	30,851	21,209	16,950	23,238	24,425	20,421	8,984	8,084	7,599	8,811	7,985	2,633	4,630	9,291	0	0	0
Mortgage deposits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-2,370	-2,371	-28,473	-39,102	-16,596	-53,416	-3,095	-54,318	-73,232	-82,300	-102,950	-43,035	-46,664	0	0	0
Mortgage notes payable, net:
Proceeds
7,729	295,771	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	190,905	0	0	0	-	-	-	-	-	-	-	-
Lump sum payoffs
-	-	-	-	-	1,347,939	847,939	848,639	867,285	493,420	511,458	397,043	452,295	583,122	746,764	794,255	720,519	359,244	202,580	207,212	210,114	88,788	1,894,692	1,837,849	1,948,662	2,532,682	772,066	849,381	886,467	350,247	395,833	541,242	822,023	974,956	0	0	0	-	-	-	947,299	939,022	0	0	0
Mortgage deposits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,477	8,288	8,115	7,699	7,419	7,003	6,642	5,631	3,236	2,525	652	57	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Scheduled principal repayments
7,130	6,808	6,574	6,466	6,528	6,629	6,871	7,006	10,460	10,704	10,671	10,775	8,300	8,544	8,758	8,987	8,737	9,275	10,111	10,897	11,581	11,869	12,050	12,322	12,448	12,658	12,593	12,849	13,362	14,088	15,285	15,935	16,473	16,726	0	0	0	-	-	-	-	17,763	0	0	0
(Loss) on debt extinguishments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,400	0	0	0
Notes, net:
Proceeds
-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	1,194,277	1,194,278	1,194,277	495,550	1,245,550	1,245,550	1,245,550	750,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Lump sum payoffs
-	-	-	-	-	-	-	-	-	-	-	-	-	1,500,000	1,500,000	1,500,000	1,800,000	300,000	0	0	0	-	-	-	-	-	-	-	-	975,991	253,858	736,403	736,403	575,641	0	0	0	-	-	-	-	850,115	0	0	0
(Loss) gain on debt extinguishments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	19,925	0	0	0
Line of credit and commercial paper:
Line of credit proceeds
4,735,000	6,010,000	8,020,000	5,385,000	5,385,000	3,805,000	0	0	0	-	-	-	-	426,000	447,000	463,000	2,019,000	3,770,000	5,412,000	7,346,000	7,413,000	7,167,000	6,743,000	4,793,000	5,733,000	9,832,000	13,897,000	14,184,000	11,726,000	5,876,000	0	0	0	-	-	-	-	5,513,125	0	0	0	-	-	-	-
Line of credit repayments
4,735,000	5,990,000	8,020,000	5,385,000	5,385,000	3,805,000	0	0	0	-	-	-	-	426,000	447,000	463,000	2,149,000	4,103,000	5,858,000	7,346,000	7,581,000	6,949,000	6,297,000	4,793,000	5,830,000	9,717,000	13,904,000	14,219,000	11,331,000	5,876,000	0	0	0	-	-	-	-	5,513,125	0	0	0	-	-	-	-
Commercial paper proceeds
13,864,957	15,944,800	17,747,514	17,040,693	16,909,026	14,030,926	10,799,523	7,221,696	4,863,882	5,066,509	4,327,006	3,046,273	1,745,598	1,760,194	2,765,240	2,990,164	4,101,860	3,932,304	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Commercial paper repayments
13,597,150	15,446,150	17,892,500	17,386,500	16,798,500	13,831,500	10,530,000	7,375,250	4,944,250	4,786,750	4,096,750	2,546,500	1,430,500	2,127,472	2,795,000	2,990,000	4,442,900	3,545,028	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from (payments on) settlement of derivative instruments
0	-	-	-	-	-18,118	0	0	0	-	-	-	-	-	-	-	-	13,938	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-11,253	0	0	0
Proceeds from sale of Common Shares
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,417,040	239,729	171,034	171,034	173,484	410,604	410,604	410,604	329,452	0	0	0	-	-	-	-
Proceeds from Employee Share Purchase Plan (ESPP)
2,859	3,116	3,128	3,350	3,324	3,879	3,855	3,814	3,851	3,744	3,871	3,774	4,278	3,686	3,806	3,817	3,459	4,404	4,040	3,784	3,578	3,392	3,156	3,256	3,379	3,401	3,428	3,239	2,952	5,399	5,648	6,284	6,730	5,262	5,419	5,067	5,376	5,112	4,845	4,878	4,983	5,292	0	0	0
Proceeds from exercise of EQR options
59,076	77,785	91,721	76,525	58,915	30,655	24,629	26,070	30,054	31,596	21,861	17,835	18,288	35,833	49,400	51,665	47,982	59,508	63,066	90,872	99,001	82,573	57,762	29,052	25,863	17,252	18,302	31,643	37,275	49,039	47,730	43,069	81,541	95,322	108,036	111,321	85,100	71,596	59,649	52,817	28,246	9,136	0	0	0
Common Shares repurchased and retired
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,777	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-	1,887	1,887	1,887	1,887	1,124	0	0	0
Redemption of Preferred Shares
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Premium on redemption of Preferred Shares
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of offering costs
-	-	-	-	-	27	42	42	56	51	0	0	0	-	-	-	-	-	-	-	-	41	93	303	641	1,047	37,453	38,196	37,878	39,359	3,686	2,892	3,131	3,596	6,697	6,545	6,405	4,657	2,803	3,128	3,019	2,536	0	0	0
Other financing activities, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-49	-49	-49	-187	-49	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions from unconsolidated entities - return of capital
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Acquisition of Noncontrolling Interests – Partially Owned Properties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,501	5,501	5,501	2,501	0	0	0	0	-	-	-	-	12,809	0	0	0	-	-	-	-	11,480	0	0	0
Contributions – Noncontrolling Interests – Partially Owned Properties
0	-	-	-	-	125	125	125	125	125	0	0	0	-	-	-	-	-	-	-	-	5,684	21,824	26,575	30,045	27,660	13,749	12,055	10,599	8,221	81,839	78,846	76,832	75,911	64	0	0	222	222	241	593	893	0	0	0
Contributions – Limited Partners
0	-	-	-	-	1	0	0	0	-	-	-	-	1	1	3	3	3	3	1	1	3	3	3	5	5	5	5	3	5	5	5	5	0	0	0	0	-	-	-	-	78	0	0	0
Distributions:
OP Units – General Partner
842,601	831,111	819,329	807,750	796,387	782,122	768,292	754,446	740,557	739,375	1,835,154	1,834,265	1,833,375	4,771,725	3,692,018	3,709,011	3,725,992	784,748	764,663	744,257	723,785	776,659	739,710	703,106	666,562	681,610	639,596	597,043	554,431	473,451	471,414	469,783	467,718	432,023	427,712	423,421	419,307	379,969	377,003	413,511	450,354	488,604	0	0	0
Preference Units
0	-	-	-	-	3,863	3,091	2,318	2,319	3,091	2,318	3,091	3,090	2,318	3,118	3,178	3,239	3,357	3,593	3,797	4,000	4,145	4,145	5,181	5,181	4,145	5,181	7,519	9,950	13,416	13,774	12,829	12,829	12,829	14,012	14,166	14,317	14,471	14,478	14,477	14,479	14,479	0	0	0
OP Units – Limited Partners
30,843	29,615	29,388	29,100	28,816	28,226	27,727	27,232	26,739	27,291	71,078	71,645	72,206	188,115	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0
Accumulated other comprehensive income (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Preference Interests and Units
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12	0	0	0
Noncontrolling Interests – Partially Owned Properties
12,425	7,078	7,275	7,303	9,501	9,753	10,295	9,962	7,372	8,286	14,504	14,482	14,572	36,219	12,179	19,178	26,191	6,559	0	0	0	-	0	0	0	-	27,078	26,219	25,095	21,915	21,591	21,360	21,434	20,002	0	0	0	-	-	-	-	-	-	0	0
Noncontrolling Interests Partially Owned Properties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,372	6,534	6,556	7,778	7,502	7,277	7,210	6,442	6,043	7,262	6,666	5,083	4,968	2,886	2,613	1,115	1,995	2,028	2,557	2,918	0	0	0	-	-	-	-
Restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0
Proceeds
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0
Net cash provided by (used for) financing activities
-1,259,846	-684,474	-644,244	-479,210	-498,860	-963,910	-997,928	-982,500	-1,040,058	-789,818	-1,537,189	-1,583,057	-1,691,374	-7,054,092	-6,106,995	-6,140,214	-6,133,677	-666,167	-962,524	-1,008,570	-803,247	-692,861	-1,341,920	-1,207,458	-1,761,500	-1,420,995	-201,552	-340,348	51,898	-556,331	-102,590	-558,839	-692,561	-650,746	-1,418,374	-456,234	-112,929	151,541	-255,949	-736,168	-949,685	-1,473,547	0	0	0
Net increase (decrease) in cash and cash equivalents and restricted deposits
47,264	686	-4,154	220,591	-1,205	15,551	-5,426	-224,236	-91,512	-118,326	-536,249	-297,569	-294,665	63,973	472,671	398,185	311,082	-5,353	5,888	15,977	12,209	-13,454	-941,283	-76,432	-18,878	-559,056	927,138	107,979	-163,541	228,669	-363	-560,179	-86,444	-47,487	2,326	556,782	245,886	238,120	-593,928	-619,513	-368,410	-697,506	0	0	0
SUPPLEMENTAL INFORMATION:
Cash paid for interest, net of amounts capitalized
342,832	342,048	335,600	340,359	336,529	358,156	371,434	351,850	370,009	360,273	356,583	366,008	348,435	482,152	491,722	531,263	544,020	436,748	435,879	435,305	444,086	443,125	607,114	629,756	652,759	722,963	562,951	548,177	521,706	464,785	449,569	471,379	456,355	477,434	479,101	488,522	476,986	475,374	489,392	496,344	494,093	508,847	0	0	0
Net cash paid (received) for income and other taxes
-850	-585	837	963	922	853	610	660	634	640	1,125	952	1,438	1,494	1,545	1,535	1,070	1,264	1,703	1,569	1,639	1,517	954	967	1,265	1,152	1,164	1,247	596	673	611	471	864	645	759	828	-549	-2,740	-2,971	-2,315	1,554	3,968	0	0	0
Mortgage loans assumed
-	-	-	-	-	-	-	-	-	-	-	-	-	43,400	43,400	43,400	43,400	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	158,240	120,017	288,785	240,322	359,082	0	0	0	-	-	-	-
Amortization of deferred financing costs:
Valuation of OP Units issued
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,245	0	0	0	-	-	-	-
Mortgage loans (assumed) by purchaser
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-52,925	-17,313	0	0	0
Other assets
2,968	2,987	2,411	2,412	2,412	2,412	2,411	2,412	2,412	2,412	2,885	3,045	3,206	3,366	3,054	3,054	3,053	3,054	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Mortgage notes payable, net
3,921	3,934	4,124	4,584	3,124	4,792	4,747	3,667	3,783	2,493	2,601	2,739	2,904	3,978	4,541	4,599	4,614	3,589	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Notes, net
4,866	4,869	4,445	4,319	4,231	4,106	3,975	3,842	3,714	3,621	3,594	3,493	3,425	5,289	5,472	5,760	5,939	4,158	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investment in real estate, net
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-151	-151	-152	-152	-1	-1	0	0	0	0	-	-	-	-	-2,768	-2,473	-2,663	-3,174	-3,585	0	0	0
Deferred financing costs, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	16,973	18,192	22,577	27,067	25,928	25,638	21,435	0	0	0	-	-	-	-	13,174	13,935	15,054	16,501	16,712	0	0	0
Amortization of discounts and premiums on debt:
Investment in real estate, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-3	0	0	0
Mortgage notes payable, net
8,477	8,618	8,767	34,607	19,983	20,144	20,319	2,940	1,544	1,172	407	513	882	-21,158	-24,183	-27,182	-30,074	-13,126	-15,650	-16,313	-16,965	-15,904	-129,908	-141,553	-154,574	-158,625	-42,103	-29,752	-15,737	-10,333	-9,606	-9,108	-8,555	-8,260	-10,276	-9,894	-9,503	-9,208	-6,514	-6,136	-6,110	-6,097	0	0	0
Notes, net
3,161	3,162	2,791	2,706	2,684	2,637	2,559	2,468	2,394	2,364	2,365	2,314	2,237	3,172	3,240	3,378	3,479	2,557	2,514	2,482	2,434	2,384	2,331	2,269	2,268	2,186	2,105	2,078	2,052	2,152	2,189	3,241	5,137	6,782	8,495	9,151	8,840	8,737	10,479	10,575	10,825	11,957	0	0	0
Line of credit and commercial paper
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	1,291	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of deferred settlements on derivative instruments:
Other liabilities
12	12	12	13	12	12	11	11	11	11	12	11	12	78	80	81	105	169	-771	-641	-268	-534	268	-535	-534	-534	-534	2	-533	-534	-535	-536	-535	-535	-534	-534	-535	-534	-886	-1,062	-1,284	-1,496	0	0	0
Accumulated other comprehensive income
-22,429	-21,188	-19,209	-18,047	-18,054	-18,452	-18,741	-18,914	-19,066	-18,858	-18,515	-18,087	-17,687	-41,758	-41,859	-42,255	-42,560	-18,244	-17,909	-17,444	-17,077	-16,868	-16,663	-16,378	-15,998	-20,141	0	0	0	-	-	-	-	-	-	0	0	-	0	0	0	-	-	-	-
Write-off of pursuit costs:
Other assets
84	62	0	0	0	-	-	-	-	17	20	33	23	402	410	403	404	74	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable and accrued expenses
0	-	-	-	-	-	-	-	-	124	20	23	47	104	104	101	77	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Income) loss from investments in unconsolidated entities:
Investment in real estate, net
5,600	5,451	5,327	5,269	4,870	4,364	3,752	3,502	3,211	2,965	3,002	3,019	3,289	3,586	3,751	3,616	3,352	2,804	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Write-off of pursuit costs
5,708	5,529	5,423	5,371	4,967	4,450	3,902	3,626	3,322	3,106	0	0	0	-	-	-	-	-	-	-	-	-	3,282	3,311	3,103	5,184	6,884	8,856	10,555	9,056	7,164	5,602	4,426	5,075	5,812	6,248	5,909	5,272	6,377	6,738	5,692	4,838	0	0	0
(Income) loss from investments in unconsolidated entities:
Losses reclassified into earnings from other comprehensive income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Investments in unconsolidated entities
-66,802	-67,268	-67,569	-67,752	2,041	2,304	2,852	2,251	1,881	1,955	1,748	-6,424	-6,335	-6,327	-8,030	549	-13,006	-17,340	-19,383	-19,511	513	4,610	8,827	10,913	11,325	53,066	51,934	49,521	42,227	14	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Other liabilities
1,307	1,323	1,337	1,353	1,356	1,363	1,358	1,372	1,393	1,415	1,450	1,474	1,503	1,526	1,547	1,759	2,048	2,315	2,746	3,009	3,067	3,342	1,765	1,728	1,874	5,090	5,842	5,033	4,153	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Investments in unconsolidated entities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,360	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	210	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Realized/unrealized (gain) loss on derivative instruments:
Other assets
-	2,002	11,046	251	-4,508	-14,977	-24,800	-14,931	-14,820	-4,582	2,558	7,311	9,782	1,798	1,541	-8,090	-5,488	-3,573	-10,926	-4,324	-2,082	10,160	4,879	4,225	-11,331	-17,139	-9,095	-7,968	7,619	7,448	7,543	9,514	7,316	6,826	4,448	-1,626	6,250	13,019	-9,563	-8,747	-25,303	-33,261	0	0	0
Mortgage notes payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,589	-2,737	-2,975	-1,056	-612	-633	-376	-323	-163	-126	-94	-685	-1,887	0	0	0
Notes, net
-	2,277	3,088	3,724	2,864	-680	-3,532	-4,975	-4,637	-3,454	-7,774	-10,818	-9,782	-1,798	-1,541	8,090	4,094	2,058	12,244	2,503	6,439	1,597	-2,485	1,452	-52	-1,523	-3,038	-4,309	-5,619	-4,860	-4,806	-4,510	-2,301	-2,937	-3,814	-27	3,424	7,497	9,688	8,847	4,089	719	0	0	0
Other liabilities
18,650	29,486	38,528	36,661	17,027	10,533	0	0	0	-	-	-	-	3,989	3,817	5,140	-6,676	2,351	11,469	13,439	28,752	21,489	9,328	9,726	7,445	-39	2,863	3,094	12,177	11,772	25,753	122,708	142,688	140,507	72,788	9,865	36,958	45,542	97,990	60,717	384	-3,250	0	0	0
Accumulated other comprehensive income
-20,312	-33,765	-52,612	-40,586	-15,333	5,174	0	0	0	-	-	-	-	-3,915	-3,817	-2,136	11,101	2,219	-9,726	-11,537	-33,142	-33,306	-11,750	-15,447	4,005	18,771	9,302	9,207	-12,176	-11,772	-25,568	-127,121	-146,462	-143,598	-72,789	-5,267	-46,309	-65,894	0	0	0	-	-	-	-
Investments in unconsolidated entities:
Debt financing costs:
Investment in real estate, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	65,791	60,541	-8,687,355	-8,710,242	-8,713,217	-8,707,967	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Investments in unconsolidated entities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-406,252	-41,364	-225,568	-217,092	214,677	-218,197	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Deposits - restricted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,002	-54	-528	-474	474	-474	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Escrow deposits - mortgage
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-73,480	-1,684	-37,582	-35,897	35,898	-35,898	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Deferred financing costs, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-51,560	0	-25,780	-25,780	25,780	-25,780	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable and accrued expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-738	-755	16,984	17,576	17,576	17,593	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Accrued interest payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	49	49	11,305	11,305	11,256	11,256	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Other liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-3,296	-3,296	117,299	117,068	117,391	117,391	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Security deposits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	16	16	10,965	10,949	10,949	10,949	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Issuance of Common Shares
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	1,929,868	1,929,868	1,929,868	1,929,868	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Noncontrolling Interests - Partially Owned Properties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	28,263	28,263	28,263	28,263	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Investment in real estate, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	52,717	115,267	51,340	40,848	45,533	-38,146	7,210	-24,923	-21,661	-18,188	-14,864	-11,953	-8,785	0	0	0	-	-	-	-	-	-	-	-
Investments in unconsolidated entities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	65	3,140	1,012	2,094	1,788	-1,533	342	-1,003	-848	-765	-616	-451	-323	0	0	0	-	-	-	-	-	-	-	-
Investments in unconsolidated entities:
Investments in unconsolidated entities
6,501	7,504	8,684	8,984	8,373	4,891	3,890	3,825	4,309	3,034	0	0	0	-	-	-	-	1,404	10,053	2,673	7,642	6,318	17,855	11,639	12,485	13,656	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other liabilities
2,280	2,100	2,100	3,060	1,680	1,680	1,680	2,820	2,820	3,000	3,840	2,940	2,940	2,940	45,330	26,010	24,795	21,615	-2,715	-1,245	11,970	9,450	93,411	10,699	48,015	52,815	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investment in real estate, net
-	1,518,878	1,147,236	1,160,678	912,896	708,092	0	0	0	-	-	-	-	205,880	377,642	355,021	485,296	331,336	224,906	341,518	328,174	469,989	404,658	265,466	256,843	108,308	187,425	431,509	660,864	843,976	1,571,877	1,486,977	1,500,843	1,441,599	715,777	980,013	814,806	1,189,210	0	0	0	-	-	-	-
Investments in unconsolidated entities
8,781	9,604	10,784	12,044	10,053	6,571	5,570	6,645	7,129	6,034	6,764	5,925	6,070	5,266	3,847	20,062	21,509	23,019	24,198	11,000	11,924	15,768	21,676	22,338	72,442	66,471	59,231	53,558	3,178	5,291	6,579	7,029	4,051	2,021	0	0	0	-	-	-	-	-	-	-	-
Accounts payable and accrued expenses
3,900	5,116	-2,796	-4,823	12,930	-1,862	7,653	12,425	18,057	11,532	15,203	10,605	3,447	-6,061	-23,681	-16,180	-14,153	-1,667	4,851	1,196	7,984	17,797	17,559	19,224	13,994	6,229	-4,580	-11,940	3,780	-2,102	7,203	961	-2,583	332	-10,916	-1,649	-71	-5,454	-4,009	-17,479	-14,402	-34,524	0	0	0
Other assets
-7,235	-6,909	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-416,044	-13,685	-215,622	-203,295	203,008	-204,523	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Mortgage notes payable, net
-	-2,354	0	0	0	-	-	-	-	-	-	-	-	507	0	0	0	-	-	-	-	-	-	0	0	3,076,876	3,076,876	3,076,876	3,076,876	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Notes, net
-	-10,549	-13,982	-8,742	-3,543	-7,883	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Right-of-use assets and lease liabilities initial measurement and reclassifications:
Right-of-use assets
-	489,517	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets
-	184,116	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Lease liabilities
-	333,603	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other liabilities
-	-28,202	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investment in real estate, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Proceeds from (payments on) settlement of derivative instruments:
Other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11,253	0	0	0
Payments of Financing Costs
18,501	19,812	16,253	10,298	5,730	8,583	0	0	0	-	-	-	-	-	-	-	-	6,425	0	0	0	-	8,870	9,401	2,717	16,526	34,864	34,932	30,851	21,209	16,950	23,238	24,425	20,421	8,984	8,084	7,599	8,811	7,985	2,633	4,630	9,291	0	0	0
Receivable on sale of Common Shares
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	28,457	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Foreign currency translation adjustments
-	-	-	-	-	-	-	-	-	-	-	-	-	264	248	225	168	-327	-397	-2,772	-1,063	-552	936	1,390	1,577	613	-789	941	-873	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Transfer from notes, net to mortgage notes payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	35,600	0	0	0	-	-	-	-
ERPOP [Member]
Net income
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of deferred financing costs
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of above/below market lease intangibles
0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of above/below market lease intangibles
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of discounts and premiums on debt
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of deferred settlements on derivative instruments
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of right-of-use assets
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Write-off of pursuit costs
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Income) loss from investments in unconsolidated entities
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions from unconsolidated entities – return on capital
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (gain) loss on sales of real estate properties
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (gain) loss on sales of land parcels
-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Realized/unrealized (gain) loss on derivative instruments
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (gain) loss on debt extinguishment
-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Compensation paid with Company Common Shares
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other operating activities, net
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Increase) decrease in other assets
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase (decrease) in accounts payable and accrued expenses
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase (decrease) in accrued interest payable
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase (decrease) in lease liabilities
0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase (decrease) in other liabilities
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase (decrease) in security deposits
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by operating activities
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investment in real estate – acquisitions
-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investment in real estate – development/other
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital expenditures to real estate
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-real estate capital additions
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital expenditures to real estate
-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-real estate capital additions
-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest capitalized for real estate under development
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from disposition of real estate, net
0	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investments in unconsolidated entities
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of investment securities and other investments
0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used for) investing activities
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt financing costs
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds
0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Lump sum payoffs
-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Scheduled principal repayments
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds
-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Line of credit proceeds
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Line of credit repayments
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Commercial paper proceeds
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Commercial paper repayments
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from (payments on) settlement of derivative instruments
0	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from Employee Share Purchase Plan (ESPP)
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from exercise of EQR options
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of offering costs
-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contributions – Noncontrolling Interests – Partially Owned Properties
0	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contributions – Limited Partners
0	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
OP Units – General Partner
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preference Units
0	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
OP Units – Limited Partners
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Noncontrolling Interests – Partially Owned Properties
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used for) financing activities
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase (decrease) in cash and cash equivalents and restricted deposits
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for interest, net of amounts capitalized
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash paid (received) for income and other taxes
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investment in real estate, net
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Mortgage notes payable, net
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Notes, net
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Mortgage notes payable, net
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Notes, net
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other liabilities
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accumulated other comprehensive income
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investment in real estate, net
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets
0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable and accrued expenses
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investments in unconsolidated entities
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other liabilities
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets
-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Notes, net
-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other liabilities
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accumulated other comprehensive income
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investments in unconsolidated entities
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other liabilities
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets
0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Mortgage notes payable, net
-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Notes, net
-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Right-of-use assets
-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets
-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Lease liabilities
-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other liabilities
-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Mortgage Notes Payable, Net [Member]
Net gain (loss) on debt extinguishment
-	-	-	-	-	22,110	22,110	22,110	22,670	12,258	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-