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Equity, Capital and Other Interests (Tables)
3 Months Ended
Mar. 31, 2013
Common shares and units rollforward
 
 
 
2013
Common Shares
 
Common Shares outstanding at January 1,
325,054,654

Common Shares Issued:
 
Conversion of OP Units
23,964

Issuance of Common Shares
34,468,085

Exercise of share options
268,547

Employee Share Purchase Plan (ESPP)
37,704

Restricted share grants, net
210,721

Common Shares outstanding at March 31,
360,063,675

Units
 
Units outstanding at January 1,
13,968,758

LTIP Units, net
281,931

Conversion of OP Units to Common Shares
(23,964
)
Units outstanding at March 31,
14,226,725

Total Common Shares and Units outstanding at March 31,
374,290,400

Units Ownership Interest in Operating Partnership
3.8
%
Redeemable Noncontrolling Interest [Table Text Block]
 
2013
Balance at January 1,
$
398,372

Change in market value
(50,109
)
Change in carrying value
38,494

Balance at March 31,
$
386,757

Schedule Of Preferred Stock [Table Text Block]
 
 
 
 
 
 
Amounts in thousands
 
 
Redemption
Date (1)
 
Annual
Dividend per
Share (2)
 
March 31,
2013
 
December 31,
2012
Preferred Shares of beneficial interest, $0.01 par value;
  100,000,000 shares authorized:
 
 
 
 
 
 
 
 
8.29% Series K Cumulative Redeemable Preferred; liquidation
  value $50 per share; 1,000,000 shares issued and outstanding
  at March 31, 2013 and December 31, 2012
 
12/10/26
 

$4.145

 
$
50,000

 
$
50,000

 
 
 
 
 
 
$
50,000

 
$
50,000

 
(1)
On or after the redemption date, redeemable preferred shares may be redeemed for cash at the option of the Company, in whole or in part, at a redemption price equal to the liquidation price per share, plus accrued and unpaid distributions, if any.
(2)
Dividends on Preferred Shares are payable quarterly.

Limited Partner [Member]
 
Common shares and units rollforward
 
 
 
2013
General and Limited Partner Units
 
General and Limited Partner Units outstanding at January 1,
339,023,412

Issued to General Partner:
 
Issuance of OP Units
34,468,085

Exercise of EQR share options
268,547

EQR’s Employee Share Purchase Plan (ESPP)
37,704

EQR's restricted share grants, net
210,721

Issued to Limited Partners:
 
LTIP Units, net
281,931

General and Limited Partner Units outstanding at March 31,
374,290,400

Limited Partner Units
 
Limited Partner Units outstanding at January 1,
13,968,758

Limited Partner LTIP Units, net
281,931

Conversion of Limited Partner OP Units to EQR Common Shares
(23,964
)
Limited Partner Units outstanding at March 31,
14,226,725

Limited Partner Units Ownership Interest in Operating Partnership
3.8
%
Redeemable Noncontrolling Interest [Table Text Block]
 
2013
Balance at January 1,
$
398,372

Change in market value
(50,109
)
Change in carrying value
38,494

Balance at March 31,
$
386,757

Schedule Of Preferred Stock [Table Text Block]
 
 
 
 
 
 
Amounts in thousands
 
 
Redemption
Date (1)
Annual
Dividend per
Unit (2)
March 31,
2013
 
December 31,
2012
Preference Units:
 
 
 
 
 
 
 
 
8.29% Series K Cumulative Redeemable Preference Units;
  liquidation value $50 per unit; 1,000,000 units issued and
  outstanding at March 31, 2013 and December 31, 2012
 
12/10/26
 

$4.145

 
$
50,000

 
$
50,000

 
 
 
 
 
 
$
50,000

 
$
50,000

 
(1)
On or after the redemption date, redeemable preference units may be redeemed for cash at the option of the Operating Partnership, in whole or in part, at a redemption price equal to the liquidation price per unit, plus accrued and unpaid distributions, if any, in conjunction with the concurrent redemption of the corresponding Company Preferred Shares.
(2)
Dividends on Preference Units are payable quarterly.