Equity residential (EQR)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08Dec'07
REVENUES
Proceeds from Sale of Available-for-sale Securities

-

-

-

-

-

-

-

-

4

-

-

-

-

Rental income

2,700

2,577

2,470

2,422

2,736

2,605

2,378

1,737

1,516

1,446

1,610

1,634

1,792

Fee and asset management

0

0

0

3

8

9

9

9

9

9

10

10

9

Total revenues

2,701

2,578

2,471

2,425

2,744

2,614

2,387

1,747

1,525

1,456

1,620

1,645

1,801

EXPENSES
Property and maintenance

446

429

405

406

479

473

449

332

304

323

365

365

466

Real estate taxes and insurance

366

357

335

317

339

325

293

206

178

172

187

179

179

Property management

95

92

85

82

86

85

84

81

81

79

71

76

87

General and administrative

52

53

52

57

64

50

62

47

43

39

38

44

46

Fee and asset management

-

-

-

-

-

-

6

4

4

4

7

7

8

Depreciation

831

785

743

705

765

758

978

560

506

505

514

498

525

Total expenses

1,792

1,719

1,622

1,569

1,735

1,693

1,875

1,233

1,118

1,171

1,196

1,289

1,314

Net gain (loss) on sales of real estate properties

447

256

157

4,044

335

212

0

0

-

-

-

-

-

Impairment

-

0

1

0

0

-

-

-

-

45

11

116

-

Operating income

1,356

1,115

1,004

856

1,009

921

512

514

406

284

424

356

487

Interest and other income

2

15

6

65

7

4

5

151

7

4

16

33

20

Other expenses

18

17

5

10

2

9

29

-27

12

11

6

5

1

Merger Expenses

-

-

-

-

-

-

-

-

1

-

-

-

-

Interest:
Expense incurred, net

390

413

383

482

444

457

586

-455

460

457

490

477

489

Amortization of deferred financing costs

11

11

8

12

10

11

22

-21

16

9

12

9

10

Income before income and other taxes, income (loss) from investments in unconsolidated entities and net gain (loss) on sales of land parcels

939

688

613

416

558

448

-121

160

-76

-189

-68

-103

6

Income and other tax (expense) benefit

-2

0

0

1

0

1

1

0

0

0

2

-5

2

Income (loss) from investments in unconsolidated entities

65

-3

-3

4

15

-7

-58

-0

0

-0

-2

-0

0

Net gain (loss) on sales of land parcels

2

1

19

15

-0

5

12

0

4

-1

0

2

6

(Loss) from investments in unconsolidated entities due to merger expenses

-

-

-

-

-

-

-

-

0

-

-

-

-

Net gain on sales of unconsolidated entities

-

-

-

-

-

-

-

-

0

28

10

2

2

Income from continuing operations

-

-

-

4,479

907

657

-168

160

-72

-164

-63

-102

13

Discontinued operations, net

-

-

-

0

0

1

2,073

720

1,008

460

445

539

1,034

Net income

1,009

685

628

4,480

908

658

1,905

881

935

295

382

436

1,047

Operating Partnership

-

-

-

-

34

24

75

38

40

13

20

26

64

Preference Interests and Units

-

-

-

-

-

-

-

-

-

-

0

0

0

Partially Owned Properties

3

2

2

16

3

2

-0

0

0

-0

-0

-2

-2

Net income attributable to controlling interests

970

657

603

4,292

870

631

1,830

841

893

283

362

407

980

ALLOCATION OF NET INCOME:
Preferred distributions

-

-

-

-

3

4

4

-10

13

14

14

14

22

Earnings per Unit – basic:
Premium on redemption of Preferred Shares

-

-

-

-

3

0

0

5

0

0

-

-

6

Net income available to Common Shares

-

-

-

-

863

627

1,826

826

879

269

347

393

951

Income from continuing operations available to Units

-

-

-

11.75

2.37

1.73

-0.47

0.45

-0.28

-0.59

-0.26

-0.42

-0.06

Net income available to Units

2.61

1.78

1.64

11.75

2.37

1.74

5.16

2.72

2.98

0.95

1.27

1.46

3.40

Earnings per Unit – diluted:
Weighted average Common Shares outstanding

-

-

-

-

363

361

354

302

294

282

273

270

279

Income from continuing operations available to Units

-

-

-

11.68

2.36

1.72

-0.47

0.45

-0.28

-0.59

-0.26

-0.42

-0.06

Net income available to Units

2.60

1.77

1.63

11.68

2.36

1.73

5.16

2.70

2.98

0.95

1.27

1.46

3.40

Weighted average Units outstanding

386

383

382

381

380

377

354

319

294

282

273

270

279

Distributions declared per Common Share outstanding

-

-

-

-

2.21

2.00

1.85

1.78

-

-

-

-

1.87

ERPOP [Member]
Rental income

2,700

2,577

2,470

2,422

-

-

-

-

-

-

-

-

-

Fee and asset management

0

0

0

3

-

-

-

-

-

-

-

-

-

Total revenues

2,701

2,578

2,471

2,425

-

-

-

-

-

-

-

-

-

Property and maintenance

446

429

405

406

-

-

-

-

-

-

-

-

-

Real estate taxes and insurance

366

357

335

317

-

-

-

-

-

-

-

-

-

Property management

95

92

85

82

-

-

-

-

-

-

-

-

-

General and administrative

52

53

52

57

-

-

-

-

-

-

-

-

-

Depreciation

831

785

743

705

-

-

-

-

-

-

-

-

-

Total expenses

1,792

1,719

1,622

1,569

-

-

-

-

-

-

-

-

-

Net gain (loss) on sales of real estate properties

447

256

157

4,044

-

-

-

-

-

-

-

-

-

Impairment

-

0

1

-

-

-

-

-

-

-

-

-

-

Operating income

1,356

1,115

1,004

856

-

-

-

-

-

-

-

-

-

Interest and other income

2

15

6

65

-

-

-

-

-

-

-

-

-

Other expenses

18

17

5

10

-

-

-

-

-

-

-

-

-

Expense incurred, net

390

413

383

482

-

-

-

-

-

-

-

-

-

Amortization of deferred financing costs

11

11

8

12

-

-

-

-

-

-

-

-

-

Income before income and other taxes, income (loss) from investments in unconsolidated entities and net gain (loss) on sales of land parcels

939

688

613

416

-

-

-

-

-

-

-

-

-

Income and other tax (expense) benefit

-2

0

0

1

-

-

-

-

-

-

-

-

-

Income (loss) from investments in unconsolidated entities

65

-3

-3

4

-

-

-

-

-

-

-

-

-

Net gain (loss) on sales of land parcels

2

0

19

15

-

-

-

-

-

-

-

-

-

Income from continuing operations

-

-

-

4,479

-

-

-

-

-

-

-

-

-

Discontinued operations, net

-

-

-

0

-

-

-

-

-

-

-

-

-

Net income

1,009

685

628

4,480

-

-

-

-

-

-

-

-

-

Partially Owned Properties

3

2

2

16

-

-

-

-

-

-

-

-

-

Net income attributable to controlling interests

1,006

682

626

4,463

-

-

-

-

-

-

-

-

-

Preference Units

3

3

3

3

-

-

-

-

-

-

-

-

-

General Partner

967

654

600

4,289

-

-

-

-

-

-

-

-

-

Limited Partners

36

24

22

171

-

-

-

-

-

-

-

-

-

Net income available to Units

1,003

679

622

4,460

-

-

-

-

-

-

-

-

-

Income from continuing operations available to Units

-

-

-

11.75

-

-

-

-

-

-

-

-

-

Net income available to Units

2.61

1.78

1.64

11.75

-

-

-

-

-

-

-

-

-

Weighted average Units outstanding

383

380

379

378

-

-

-

-

-

-

-

-

-

Income from continuing operations available to Units

-

-

-

11.68

-

-

-

-

-

-

-

-

-

Net income available to Units

2.60

1.77

1.63

11.68

-

-

-

-

-

-

-

-

-

Weighted average Units outstanding

386

383

382

381

-

-

-

-

-

-

-

-

-