Equity residential (EQR)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Mar'09Sep'08Jun'08
REVENUES
Rental income

682,305

683,895

685,120

669,374

662,302

652,553

652,677

639,620

632,831

630,519

623,951

612,299

603,920

605,273

605,856

594,939

616,165

701,219

694,245

676,508

664,606

662,819

662,001

649,766

630,725

636,835

624,063

614,544

502,562

398,759

448,647

446,139

444,384

82,281

490,944

478,419

464,550

88,039

451,832

444,333

462,577

174,745

477,588

477,921

480,215

508,619

510,567

Fee and asset management

24

24

25

143

192

190

190

188

185

185

171

181

180

216

218

215

2,918

1,974

2,044

2,604

1,765

1,841

2,077

2,802

2,717

2,299

2,566

2,673

2,160

2,245

3,052

2,212

2,064

2,344

2,928

1,948

1,806

1,880

2,128

3,046

2,422

2,418

2,653

2,412

2,863

2,387

2,716

Total revenues

682,329

683,919

685,145

669,517

662,494

652,743

652,867

639,808

633,016

630,704

624,122

612,480

604,100

605,489

606,074

595,154

619,083

703,193

696,289

679,112

666,371

664,660

664,078

652,568

633,442

639,134

626,629

617,217

504,722

401,004

451,699

448,351

446,448

84,625

493,872

480,367

466,356

89,919

453,960

447,379

464,999

177,163

480,241

480,333

483,078

511,006

513,283

EXPENSES
Property and maintenance

115,816

108,348

114,966

108,461

115,070

106,848

110,541

103,744

108,202

98,636

104,721

99,316

102,608

97,135

104,216

96,307

109,165

114,212

122,383

118,005

124,560

111,998

120,139

115,388

125,573

118,615

118,782

113,501

98,529

67,162

86,682

85,423

92,952

-950

101,712

98,571

105,047

-764

104,259

100,045

120,203

1,500

122,305

116,711

124,932

134,658

130,402

Real estate taxes and insurance

97,732

95,705

87,546

91,446

91,442

89,030

87,388

89,482

91,914

82,177

84,087

87,503

81,728

78,433

81,343

77,415

80,196

85,289

84,962

83,119

86,432

79,684

80,568

83,055

82,094

76,246

75,916

76,742

65,095

47,797

53,064

53,422

52,440

14,355

57,109

54,803

52,139

8,401

56,205

52,350

55,575

29,420

54,579

51,357

52,539

52,039

51,457

Property management

27,709

22,639

21,940

24,369

26,396

23,310

22,247

23,484

23,444

20,791

20,861

21,589

22,252

18,012

19,517

20,991

23,495

21,555

20,094

21,792

22,765

23,985

18,407

20,555

22,118

20,947

18,875

22,031

22,489

19,133

18,493

20,937

23,339

19,544

19,175

20,767

22,381

20,087

19,014

20,264

20,492

14,843

18,725

18,718

19,014

18,920

19,491

General and administrative

14,518

11,630

11,417

14,329

15,381

12,393

12,640

12,502

16,278

11,858

12,567

13,626

14,173

10,432

12,395

18,296

16,717

14,046

15,197

15,659

19,762

9,383

9,968

13,752

17,576

15,162

14,437

16,085

16,495

10,071

10,083

13,391

13,688

11,142

10,121

10,908

11,433

8,850

10,221

10,089

10,721

8,509

9,881

10,201

10,394

9,849

11,774

Fee and asset management

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,253

1,378

1,662

1,721

1,516

1,577

1,646

1,068

1,108

1,180

1,307

1,072

1,250

1,009

948

756

679

1,605

1,958

1,429

1,931

1,982

2,003

1,983

1,991

Depreciation

212,422

214,882

211,478

200,508

204,215

201,856

194,618

192,942

196,309

200,785

184,100

179,896

178,968

177,407

179,230

176,127

172,885

181,033

196,059

194,282

194,521

193,089

190,469

190,136

185,167

182,740

276,707

323,304

196,222

127,648

139,337

145,438

148,246

33,577

159,691

154,452

158,455

38,459

158,318

162,697

146,042

84,930

144,165

143,296

141,809

145,382

139,812

Total expenses

468,197

453,204

447,347

439,113

452,504

433,437

427,434

422,154

436,147

414,247

406,336

401,930

399,729

381,419

396,701

389,136

402,458

416,135

438,695

432,857

448,040

413,846

420,804

424,264

434,190

415,431

506,233

553,240

400,476

272,879

308,767

319,791

331,972

78,740

349,058

340,510

350,403

121,169

348,696

347,050

354,991

140,631

351,586

353,389

350,691

362,831

354,927

Income before net gain on sales of real estate properties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

102,817

-

-

391,717

336,732

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net gain (loss) on sales of real estate properties

208,000

178,200

130,565

138,856

-21

-34

114,672

-51

142,213

15,296

17,328

87,726

36,707

173,184

90,036

57,356

3,723,479

39,442

66,939

148,802

79,951

-

113,641

14,903

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment

-

-

-

-

-

-

702

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11,124

-

0

0

Operating income

422,109

408,952

368,363

369,260

209,969

219,282

339,403

217,603

339,082

371,821

217,786

210,550

204,371

224,070

209,373

206,018

216,625

287,058

257,594

246,255

218,331

250,814

243,274

228,304

199,252

223,703

120,396

63,977

104,246

128,125

142,932

128,560

114,476

5,885

144,814

139,857

115,953

-31,250

105,264

100,329

110,008

36,532

128,655

126,944

132,387

148,175

158,356

Interest and other income

1,936

596

631

1,009

581

457

7,864

1,116

5,880

428

3,945

1,162

601

681

5,509

56,525

3,058

466

256

6,481

169

1,249

576

2,032

605

3,516

1,015

432

320

80,546

70,087

258

169

1,362

5,313

277

1,011

-570

201

2,625

2,220

725

3,214

6,622

6,017

2,871

4,808

Other expenses

2,533

6,972

2,813

5,117

3,275

2,396

7,661

3,769

3,441

2,026

1,028

1,042

1,090

-4,112

10,420

1,504

2,556

103

1,139

1,770

-70

1,907

4,976

1,533

657

1,912

4,368

1,631

21,719

-46,389

3,984

8,802

5,807

3,082

2,528

4,630

2,160

2,084

3,487

1,643

4,383

4,249

1,922

14

292

2,106

604

Merger Expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

87

685

1,149

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest:
Expense incurred, net

85,590

100,300

85,936

108,902

94,938

91,906

111,219

94,131

116,104

95,311

91,145

91,224

106,210

95,930

86,352

86,472

213,492

110,541

114,298

110,866

108,782

110,236

118,251

115,924

113,049

149,402

120,035

122,950

194,467

-801,096

113,222

114,627

118,011

107,198

112,449

119,997

120,528

108,663

121,116

113,723

114,111

130,332

121,166

115,670

123,502

122,345

119,511

Amortization of deferred financing costs

2,041

3,006

2,881

3,647

2,136

2,256

3,276

2,099

3,679

2,079

2,064

2,087

2,296

2,633

2,261

2,345

5,394

3,067

2,607

2,538

2,589

2,534

2,628

3,134

2,792

6,561

4,335

4,353

6,948

-31,566

3,320

4,017

2,934

4,565

4,650

4,396

3,005

1,720

2,437

2,300

2,996

3,012

3,101

3,252

2,962

2,410

2,178

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

333,881

299,270

277,364

252,603

110,201

123,181

225,111

118,720

221,738

272,833

127,494

117,359

95,376

130,300

115,849

172,222

-1,759

173,813

139,806

137,562

107,199

137,386

117,995

109,745

83,359

69,344

-7,327

-64,525

-118,568

80,989

92,406

687

-13,256

-109,334

30,500

11,111

-8,729

-144,287

-21,575

-14,712

-9,262

-100,336

5,680

14,630

11,648

24,185

40,871

Income and other tax (expense) benefit

53

-3,030

265

246

238

111

280

274

213

-232

228

220

262

424

426

413

350

219

329

326

43

266

260

646

222

-156

492

428

405

-91

222

213

170

37

283

202

184

285

291

-147

-159

788

-459

259

2,128

1,317

1,628

Income (loss) from investments in unconsolidated entities

-1,157

-961

-1,152

68,765

-707

-674

-985

-1,031

-977

-1,217

-398

-682

-1,073

-1,045

7,750

-800

-1,104

637

-1,041

12,466

2,963

2,249

-1,176

-7,616

-1,409

-407

-3,209

-8,174

-46,366

-11

-3

0

0

-

0

-

-

0

188

-459

-464

-443

-151

-2,026

-195

250

-95

Net gain (loss) on sales of land parcels

-

-77

1,899

177

1

-

-

995

-

-3

0

-23

19,193

-28

4,037

0

11,722

0

0

0

-1

3,431

1,052

824

-30

48

-2,437

14,616

0

-

0

0

-

-

0

4,217

-

-

-1,161

-

-

-

-

-

-

2,976

-

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net gain on sales of unconsolidated entities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

0

22,544

5,079

478

3,971

3,959

-6

2,765

0

0

Income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

301,987

217,246

228,365

3,731,988

213,673

205,375

298,504

190,069

241,844

231,252

102,307

81,698

69,141

-13,465

-58,511

-165,339

81,069

92,181

474

-13,426

-109,371

30,217

15,126

-8,913

-144,488

-295

-9,945

-9,407

-96,678

9,029

12,339

12,090

26,094

39,148

Discontinued operations, net

-

-

-

-

-

-

-

-

-

-

-

-

-

394

246

35

-157

47

81

114

155

100

-62

510

1,034

46,729

405,182

395,243

1,226,373

303,330

144,142

107,841

165,593

216,772

82,760

566,627

141,979

342,700

30,121

20,034

67,263

143,989

134,336

93,593

73,331

161,031

100,845

Net income

332,671

301,306

277,846

321,299

109,257

122,388

223,846

118,410

220,548

130,084

144,196

204,160

149,941

302,381

217,492

228,400

3,731,831

213,720

205,456

298,618

190,224

227,041

231,190

117,720

82,732

115,870

391,717

336,732

1,061,034

384,399

236,323

108,315

152,167

107,401

112,977

581,753

133,066

198,212

29,826

10,089

57,856

47,311

143,365

105,932

85,421

187,125

139,993

Operating Partnership

-

-

-

-

-

-

-

-

-

-

5,166

7,354

5,411

-

8,353

8,780

143,309

8,050

7,778

11,354

7,059

8,558

8,738

4,442

3,093

4,331

14,836

12,788

43,323

16,995

10,496

4,732

6,418

4,505

4,742

25,758

5,775

8,932

1,231

313

2,623

2,186

7,699

5,729

4,691

11,141

8,348

Preference Interests and Units

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

2

3

4

4

3

Partially Owned Properties

12,530

847

830

821

799

779

750

509

680

-31

801

765

788

14,062

823

781

764

1,184

986

844

643

744

708

588

504

563

-311

-815

25

387

-312

319

450

414

387

71

-40

-973

-188

185

250

-801

317

-5

-69

106

1,391

Net income attributable to controlling interests

308,606

289,764

267,106

308,968

104,539

117,187

214,937

113,602

211,809

125,442

138,229

196,041

143,742

277,250

208,316

218,839

3,587,758

204,486

196,692

286,420

182,522

217,739

221,744

112,690

79,135

110,976

377,192

324,759

1,017,686

367,017

226,139

103,264

145,299

102,482

107,848

555,924

127,331

189,383

28,783

9,961

55,483

45,292

135,981

100,205

80,795

175,874

130,251

ALLOCATION OF NET INCOME:
Preferred distributions

-

-

-

-

-

-

-

-

-

-

772

773

773

-

773

772

773

800

833

833

891

1,036

1,037

1,036

1,036

1,036

1,037

1,036

1,036

-19,674

2,386

3,467

3,466

3,466

3,466

3,467

3,466

3,513

3,617

3,618

3,620

3,620

3,619

3,620

3,620

3,628

3,626

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

697

0

0

2,789

-

0

-

-

-

-

-

-

-

5,150

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Net income available to Common Shares

-

-

-

-

-

-

-

-

-

-

137,457

195,268

142,969

-

207,543

218,067

3,586,985

202,989

195,859

285,587

178,842

216,703

220,707

111,654

78,099

109,940

376,155

323,723

1,016,650

365,979

218,603

99,797

141,833

99,016

104,382

552,457

123,865

185,870

25,166

6,343

51,863

41,672

132,362

96,585

77,175

172,246

126,625

Income from continuing operations available to Units

-

-

-

-

-

-

-

-

-

-

-

-

-

0.74

0.57

0.60

9.84

0.55

0.54

0.79

0.49

0.59

0.61

0.30

0.21

0.19

-0.03

-0.15

-0.47

0.25

0.26

-0.01

-0.05

-0.36

0.08

0.03

-0.04

-0.49

-0.01

-0.05

-0.04

-0.34

0.02

0.03

0.03

0.08

0.12

Net income available to Units

0.83

0.78

0.72

0.83

0.28

0.32

0.58

0.31

0.57

0.35

0.37

0.53

0.39

0.74

0.57

0.60

9.84

0.55

0.54

0.79

0.49

0.60

0.61

0.30

0.21

0.20

1.04

0.90

3.01

1.19

0.72

0.33

0.47

0.33

0.35

1.87

0.42

0.66

0.09

0.02

0.18

0.15

0.48

0.35

0.28

0.64

0.47

Earnings per Unit – diluted:
Weighted average Common Shares outstanding

-

-

-

-

-

-

-

-

-

-

366,996

366,820

366,605

-

365,109

365,047

364,592

363,839

363,579

363,476

363,098

362,036

361,409

360,809

360,470

360,224

359,811

359,653

337,532

310,470

301,336

300,193

298,805

296,035

295,831

294,663

292,895

285,973

282,717

282,217

280,645

275,553

273,658

272,901

272,324

270,345

269,608

Income from continuing operations available to Units

-

-

-

-

-

-

-

-

-

-

-

-

-

0.77

0.56

0.59

9.76

0.56

0.53

0.78

0.49

0.59

0.61

0.30

0.21

0.19

-0.03

-0.15

-0.47

0.24

0.26

-0.01

-0.05

-0.36

0.08

0.03

-0.04

-0.50

-0.01

-0.04

-0.04

-0.34

0.02

0.03

0.03

0.08

0.12

Net income available to Units

0.83

0.78

0.71

0.83

0.28

0.31

0.58

0.31

0.57

0.34

0.37

0.53

0.39

0.77

0.56

0.59

9.76

0.56

0.53

0.78

0.49

0.59

0.61

0.30

0.21

0.20

1.04

0.90

3.01

1.17

0.71

0.33

0.47

0.36

0.34

1.85

0.42

0.66

0.09

0.02

0.18

0.15

0.48

0.35

0.28

0.63

0.46

Weighted average Units outstanding

386,949

387,145

386,896

386,107

385,184

384,455

383,884

383,423

383,018

382,795

382,945

382,692

382,280

381,287

382,373

382,065

382,243

380,999

380,663

380,491

380,327

379,484

377,954

377,118

376,384

360,224

359,811

359,653

337,532

361,293

318,773

300,193

298,805

261,486

312,844

312,199

292,895

285,973

282,717

282,217

280,645

226,030

290,215

289,338

288,853

290,795

290,445

Distributions declared per Common Share outstanding

-

-

-

-

-

-

-

-

-

-

0.50

0.50

0.50

-

3.50

0.50

8.50

0.55

0.55

0.55

0.55

0.50

0.50

0.50

0.50

0.65

0.40

0.40

0.40

0.76

0.33

0.33

0.33

-

0.33

0.33

0.33

-

0.33

0.33

0.33

-

0.33

0.48

0.48

0.48

0.48

ERPOP [Member]
Rental income

682,305

683,895

685,120

669,374

662,302

652,553

652,677

639,620

632,831

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fee and asset management

24

24

25

143

192

190

190

188

185

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total revenues

682,329

683,919

685,145

669,517

662,494

652,743

652,867

639,808

633,016

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Property and maintenance

115,816

108,348

114,966

108,461

115,070

106,848

110,541

103,744

108,202

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Real estate taxes and insurance

97,732

95,705

87,546

91,446

91,442

89,030

87,388

89,482

91,914

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Property management

27,709

22,639

21,940

24,369

26,396

23,310

22,247

23,484

23,444

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

General and administrative

14,518

11,630

11,417

14,329

15,381

12,393

12,640

12,502

16,278

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation

212,422

214,882

211,478

200,508

204,215

201,856

194,618

192,942

196,309

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total expenses

468,197

453,204

447,347

439,113

452,504

433,437

427,434

422,154

436,147

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net gain (loss) on sales of real estate properties

207,977

178,237

130,565

138,856

-21

-24

114,672

-51

142,213

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment

-

-

-

-

-

-

702

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating income

422,109

408,952

368,363

369,260

209,969

219,282

339,403

217,603

339,082

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest and other income

1,936

596

631

1,009

581

457

7,864

1,116

5,880

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other expenses

2,533

6,972

2,813

5,117

3,275

2,396

7,661

3,769

3,441

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Expense incurred, net

85,590

100,300

85,936

108,902

94,938

91,906

111,219

94,131

116,104

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of deferred financing costs

2,041

3,006

2,881

3,647

2,136

2,256

3,276

2,099

3,679

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

333,881

299,270

277,364

252,603

110,201

123,181

225,111

118,720

221,738

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income and other tax (expense) benefit

53

-3,030

265

246

238

111

280

274

213

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (loss) from investments in unconsolidated entities

-1,157

-961

-1,152

68,765

-707

-674

-985

-1,031

-977

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net gain (loss) on sales of land parcels

-

-33

1,899

177

1

-

-

995

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income

332,671

301,306

277,846

321,299

109,257

122,388

223,846

118,410

220,548

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Partially Owned Properties

12,530

847

830

821

799

779

750

509

680

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income attributable to controlling interests

320,141

300,459

277,016

320,478

108,458

121,609

223,096

117,901

219,868

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Preference Units

773

772

773

772

773

772

773

772

773

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

General Partner

307,833

288,992

266,333

308,196

103,766

116,415

214,164

112,830

211,036

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Limited Partners

11,535

10,695

9,910

11,510

3,919

4,422

8,159

4,299

8,059

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income available to Units

319,368

299,687

276,243

319,706

107,685

120,837

222,323

117,129

219,095

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income available to Units

0.83

0.78

0.72

0.83

0.28

0.32

0.58

0.31

0.57

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted average Units outstanding

384,586

384,059

383,709

383,227

382,477

381,314

380,912

380,795

380,663

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income available to Units

0.83

0.78

0.71

0.83

0.28

0.31

0.58

0.31

0.57

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted average Units outstanding

386,949

387,145

386,896

386,107

385,184

384,455

383,884

383,423

383,018

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-