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Equity, Capital and Other Interests (Tables)
12 Months Ended
Dec. 31, 2013
Common shares and units rollforward
The following tables present the changes in the Company’s issued and outstanding Common Shares and “Units” (which includes OP Units and Long-Term Incentive Plan (“LTIP”) Units) for the years ended December 31, 2013, 2012 and 2011:

    
 
 
2013
 
2012
 
2011
Common Shares
 
 

 
 

 
 

Common Shares outstanding at January 1,
 
325,054,654

 
297,508,185

 
290,197,242

Common Shares Issued:
 
 

 
 

 
 

Conversion of OP Units
 
67,939

 
675,817

 
341,594

Issuance of Common Shares
 
34,468,085

 
25,023,919

 
3,866,666

Exercise of share options
 
586,017

 
1,608,427

 
2,945,948

Employee Share Purchase Plan (ESPP)
 
73,468

 
110,054

 
113,107

Restricted share grants, net
 
229,097

 
128,252

 
145,616

Common Shares Other:
 
 

 
 

 
 

Conversion of restricted shares to LTIP Units
 

 

 
(101,988
)
Common Shares outstanding at December 31,
 
360,479,260

 
325,054,654

 
297,508,185

Units
 
 

 
 

 
 

Units outstanding at January 1,
 
13,968,758

 
13,492,543

 
13,612,037

LTIP Units, net
 
279,557

 
70,235

 
120,112

OP Units issued through acquisitions
 

 
1,081,797

 

Conversion of restricted shares to LTIP Units
 

 

 
101,988

Conversion of OP Units to Common Shares
 
(67,939
)
 
(675,817
)
 
(341,594
)
Units outstanding at December 31,
 
14,180,376

 
13,968,758

 
13,492,543

Total Common Shares and Units outstanding at December 31,
 
374,659,636

 
339,023,412

 
311,000,728

Units Ownership Interest in Operating Partnership
 
3.8
%
 
4.1
%
 
4.3
%
OP Units Issued:
 
 

 
 

 
 

Acquisitions – per unit
 

 

$61.57

 

Acquisitions – valuation
 

 
$66.6 million

 

Redeemable Noncontrolling Interest [Table Text Block]
The following table presents the changes in the redemption value of the Redeemable Noncontrolling Interests – Operating Partnership for the years ended December 31, 2013, 2012 and 2011, respectively (amounts in thousands):

        
 
 
2013
 
2012
 
2011
Balance at January 1,
 
$
398,372

 
$
416,404

 
$
383,540

Change in market value
 
(79,667
)
 
(38,734
)
 
22,714

Change in carrying value
 
44,439

 
20,702

 
10,150

Balance at December 31,
 
$
363,144

 
$
398,372

 
$
416,404

Schedule Of Preferred Stock [Table Text Block]
The following table presents the Company’s issued and outstanding Preferred Shares as of December 31, 2013 and 2012:
 
 
 
 
 
 
Amounts in thousands
 
 
Redemption
Date (1)
 
Annual
Dividend per
Share (2)
 
December 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 December 31, 2013 and December 31, 2012
 
12/10/26
 

$4.145

 
$
50,000

 
$
50,000

 
 
 
 
 
 
$
50,000

 
$
50,000



Limited Partner [Member]
 
Common shares and units rollforward
The following tables present the changes in the Operating Partnership's issued and outstanding Units and in the limited partners' Units for the years ended December 31, 2013, 2012 and 2011:
    
 
 
2013
 
2012
 
2011
General and Limited Partner Units
 
 

 
 

 
 

General and Limited Partner Units outstanding at January 1,
 
339,023,412

 
311,000,728

 
303,809,279

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

 
25,023,919

 
3,866,666

Exercise of EQR share options
 
586,017

 
1,608,427

 
2,945,948

EQR's Employee Share Purchase Plan (ESPP)
 
73,468

 
110,054

 
113,107

EQR's restricted share grants, net
 
229,097

 
128,252

 
145,616

Issued to Limited Partners:
 
 
 
 
 
 
LTIP Units, net
 
279,557

 
70,235

 
120,112

OP Units issued through acquisitions
 

 
1,081,797

 

General and Limited Partner Units outstanding at December 31,
 
374,659,636

 
339,023,412

 
311,000,728

Limited Partner Units
 
 

 
 

 
 

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

 
13,492,543

 
13,612,037

Limited Partner LTIP Units, net
 
279,557

 
70,235

 
120,112

Limited Partner OP Units issued through acquisitions
 

 
1,081,797

 

Conversion of EQR restricted shares to LTIP Units
 

 

 
101,988

Conversion of Limited Partner OP Units to EQR Common Shares
 
(67,939
)
 
(675,817
)
 
(341,594
)
Limited Partner Units outstanding at December 31,
 
14,180,376

 
13,968,758

 
13,492,543

Limited Partner Units Ownership Interest in Operating Partnership
 
3.8
%
 
4.1
%
 
4.3
%
Limited Partner OP Units Issued:
 
 

 
 

 
 

Acquisitions – per unit
 

 

$61.57

 

Acquisitions – valuation
 

 
$66.6 million

 

Redeemable Noncontrolling Interest [Table Text Block]
The following table presents the changes in the redemption value of the Redeemable Limited Partners for the years ended December 31, 2013, 2012 and 2011, respectively (amounts in thousands):

        
 
 
2013
 
2012
 
2011
Balance at January 1,
 
$
398,372

 
$
416,404

 
$
383,540

Change in market value
 
(79,667
)
 
(38,734
)
 
22,714

Change in carrying value
 
44,439

 
20,702

 
10,150

Balance at December 31,
 
$
363,144

 
$
398,372

 
$
416,404

Schedule Of Preferred Stock [Table Text Block]
The following table presents the Operating Partnership's issued and outstanding “Preference Units” as of December 31, 2013 and 2012:
 
 
 
 
 
 
Amounts in thousands
 
 
Redemption
Date (1)
 
Annual
Dividend per
Unit (2)
 
December 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 December 31, 2013 and December 31, 2012
 
12/10/26
 

$4.145

 
$
50,000

 
$
50,000

 
 
 
 
 

 
$
50,000

 
$
50,000