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Equity, Capital and Other Interests (Tables)
 12 Months Ended
Dec. 31, 2014
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 restricted units (formerly known as Long-Term Incentive Plan ("LTIP") Units)) for the years ended December 31, 2014, 2013 and 2012:

    
 
 
2014
 
2013
 
2012
Common Shares
 
 

 
 

 
 

Common Shares outstanding at January 1,
 
360,479,260

 
325,054,654

 
297,508,185

Common Shares Issued:
 
 

 
 

 
 

Conversion of OP Units
 
94,671

 
67,939

 
675,817

Issuance of Common Shares
 
—

 
34,468,085

 
25,023,919

Exercise of share options
 
2,086,380

 
586,017

 
1,608,427

Employee Share Purchase Plan (ESPP)
 
68,807

 
73,468

 
110,054

Restricted share grants, net
 
169,722

 
229,097

 
128,252

Common Shares Other:
 
 

 
 

 
 

Conversion of restricted shares to restricted units
 
(12,146
)
 
—

 
—

Repurchased and retired
 
(31,240
)
 
—

 
—

Common Shares outstanding at December 31,
 
362,855,454

 
360,479,260

 
325,054,654

Units
 
 

 
 

 
 

Units outstanding at January 1,
 
14,180,376

 
13,968,758

 
13,492,543

Restricted units, net
 
200,840

 
279,557

 
70,235

OP Units issued through acquisitions
 
—

 
—

 
1,081,797

Conversion of restricted shares to restricted units
 
12,146

 
—

 
—

Conversion of OP Units to Common Shares
 
(94,671
)
 
(67,939
)
 
(675,817
)
Units outstanding at December 31,
 
14,298,691

 
14,180,376

 
13,968,758

Total Common Shares and Units outstanding at December 31,
 
377,154,145

 
374,659,636

 
339,023,412

Units Ownership Interest in Operating Partnership
 
3.8
%
 
3.8
%
 
4.1
%
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, 2014, 2013 and 2012, respectively (amounts in thousands):

        
 
 
2014
 
2013
 
2012
Balance at January 1,
 
$
363,144

 
$
398,372

 
$
416,404

Change in market value
 
139,818

 
(79,667
)
 
(38,734
)
Change in carrying value
 
(2,229
)
 
44,439

 
20,702

Balance at December 31,
 
$
500,733

 
$
363,144

 
$
398,372
Schedule Of Preferred Stock [Table Text Block]
The following table presents the Company’s issued and outstanding Preferred Shares as of December 31, 2014 and 2013:
 
 
 
 
 
 
Amounts in thousands
 
 
Redemption
Date (1)
 
Annual
Dividend per
Share (2)
 
December 31, 2014
 
December 31, 2013
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, 2014 and December 31, 2013
 
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, 2014, 2013 and 2012:
    
 
 
2014
 
2013
 
2012
General and Limited Partner Units
 
 

 
 

 
 

General and Limited Partner Units outstanding at January 1,
 
374,659,636

 
339,023,412

 
311,000,728

Issued to General Partner:
 
 
 
 
 
 
Issuance of OP Units
 
—

 
34,468,085

 
25,023,919

Exercise of EQR share options
 
2,086,380

 
586,017

 
1,608,427

EQR's Employee Share Purchase Plan (ESPP)
 
68,807

 
73,468

 
110,054

EQR's restricted share grants, net
 
169,722

 
229,097

 
128,252

Issued to Limited Partners:
 
 
 
 
 
 
Restricted units, net
 
200,840

 
279,557

 
70,235

OP Units issued through acquisitions
 
—

 
—

 
1,081,797

OP Units Other:
 
 
 
 
 
 
Repurchased and retired
 
(31,240
)
 
—

 
—

General and Limited Partner Units outstanding at December 31,
 
377,154,145

 
374,659,636

 
339,023,412

Limited Partner Units
 
 

 
 

 
 

Limited Partner Units outstanding at January 1,
 
14,180,376

 
13,968,758

 
13,492,543

Limited Partner restricted units, net
 
200,840

 
279,557

 
70,235

Limited Partner OP Units issued through acquisitions
 
—

 
—

 
1,081,797

Conversion of EQR restricted shares to restricted units
 
12,146

 
—

 
—

Conversion of Limited Partner OP Units to EQR Common Shares
 
(94,671
)
 
(67,939
)
 
(675,817
)
Limited Partner Units outstanding at December 31,
 
14,298,691

 
14,180,376

 
13,968,758

Limited Partner Units Ownership Interest in Operating Partnership
 
3.8
%
 
3.8
%
 
4.1
%
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, 2014, 2013 and 2012, respectively (amounts in thousands):

        
 
 
2014
 
2013
 
2012
Balance at January 1,
 
$
363,144

 
$
398,372

 
$
416,404

Change in market value
 
139,818

 
(79,667
)
 
(38,734
)
Change in carrying value
 
(2,229
)
 
44,439

 
20,702

Balance at December 31,
 
$
500,733

 
$
363,144

 
$
398,372
Schedule Of Preferred Stock [Table Text Block]
The following table presents the Operating Partnership's issued and outstanding “Preference Units” as of December 31, 2014 and 2013:
 
 
 
 
 
 
Amounts in thousands
 
 
Redemption
Date (1)
 
Annual
Dividend per
Unit (2)
 
December 31, 2014
 
December 31, 2013
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, 2014 and December 31, 2013
 
12/10/26
 

$4.145

 
$
50,000

 
$
50,000

 
 
 
 
 

 
$
50,000

 
$
50,000