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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
REVENUES      
Rental income $ 2,605,311us-gaap_OperatingLeasesIncomeStatementLeaseRevenue $ 2,378,004us-gaap_OperatingLeasesIncomeStatementLeaseRevenue $ 1,737,929us-gaap_OperatingLeasesIncomeStatementLeaseRevenue
Fee and asset management 9,437us-gaap_ManagementFeesRevenue 9,698us-gaap_ManagementFeesRevenue 9,573us-gaap_ManagementFeesRevenue
Total revenues 2,614,748us-gaap_Revenues 2,387,702us-gaap_Revenues 1,747,502us-gaap_Revenues
EXPENSES      
Property and maintenance 473,098us-gaap_CostOfPropertyRepairsAndMaintenance 449,427us-gaap_CostOfPropertyRepairsAndMaintenance 332,219us-gaap_CostOfPropertyRepairsAndMaintenance
Real estate taxes and insurance 325,401us-gaap_RealEstateTaxesAndInsurance 293,999us-gaap_RealEstateTaxesAndInsurance 206,723us-gaap_RealEstateTaxesAndInsurance
Property management 79,636us-gaap_OwnedPropertyManagementCosts 84,342us-gaap_OwnedPropertyManagementCosts 81,902us-gaap_OwnedPropertyManagementCosts
Fee and asset management 5,429us-gaap_ServiceManagementCosts 6,460us-gaap_ServiceManagementCosts 4,663us-gaap_ServiceManagementCosts
Depreciation 758,861us-gaap_Depreciation 978,973us-gaap_Depreciation 560,669us-gaap_Depreciation
General and administrative 50,948us-gaap_GeneralAndAdministrativeExpense 62,179us-gaap_GeneralAndAdministrativeExpense 47,233us-gaap_GeneralAndAdministrativeExpense
Total expenses 1,693,373us-gaap_CostsAndExpenses 1,875,380us-gaap_CostsAndExpenses 1,233,409us-gaap_CostsAndExpenses
Operating income 921,375us-gaap_OperatingIncomeLoss 512,322us-gaap_OperatingIncomeLoss 514,093us-gaap_OperatingIncomeLoss
Interest and other income 4,462us-gaap_InterestAndOtherIncome 5,283us-gaap_InterestAndOtherIncome 151,060us-gaap_InterestAndOtherIncome
Other expenses (9,073)us-gaap_OtherNonoperatingExpense (29,630)us-gaap_OtherNonoperatingExpense (27,796)us-gaap_OtherNonoperatingExpense
Interest:      
Expense incurred, net (457,191)us-gaap_InterestExpenseDebt (586,854)us-gaap_InterestExpenseDebt (455,236)us-gaap_InterestExpenseDebt
Amortization of deferred financing costs (11,088)us-gaap_AmortizationOfFinancingCosts (22,197)us-gaap_AmortizationOfFinancingCosts (21,295)us-gaap_AmortizationOfFinancingCosts
Income (loss) before income and other taxes, (loss) from investments in unconsolidated entities, net gain on sales of real estate properties and land parcels and discontinued operations 448,485us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments (121,076)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 160,826us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income and other tax (expense) benefit (1,394)us-gaap_IncomeTaxExpenseBenefit (1,169)us-gaap_IncomeTaxExpenseBenefit (514)us-gaap_IncomeTaxExpenseBenefit
(Loss) from investments in unconsolidated entities (7,952)us-gaap_IncomeLossFromEquityMethodInvestments (58,156)us-gaap_IncomeLossFromEquityMethodInvestments (14)us-gaap_IncomeLossFromEquityMethodInvestments
Net gain on sales of real estate properties 212,685us-gaap_RealEstateRevenueNet 0us-gaap_RealEstateRevenueNet 0us-gaap_RealEstateRevenueNet
Net gain on sales of land parcels 5,277eqr_GainLossOnSaleOfLandParcels 12,227eqr_GainLossOnSaleOfLandParcels 0eqr_GainLossOnSaleOfLandParcels
Income (loss) from continuing operations 657,101us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest (168,174)us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest 160,298us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
Discontinued operations, net 1,582us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax 2,073,527us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax 720,906us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax
Net income 658,683us-gaap_ProfitLoss 1,905,353us-gaap_ProfitLoss 881,204us-gaap_ProfitLoss
Net (income) loss attributable to Noncontrolling Interests:      
Operating Partnership 24,831us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 75,278us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 38,641us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Partially Owned Properties (2,544)eqr_AllocationOfNetIncomeLossToNoncontrollingInterestsPartiallyOwnedProperties 538eqr_AllocationOfNetIncomeLossToNoncontrollingInterestsPartiallyOwnedProperties (844)eqr_AllocationOfNetIncomeLossToNoncontrollingInterestsPartiallyOwnedProperties
Net income attributable to controlling interests 631,308us-gaap_NetIncomeLoss 1,830,613us-gaap_NetIncomeLoss 841,719us-gaap_NetIncomeLoss
Preferred distributions (4,145)eqr_DividendsPreferenceUnits (4,145)eqr_DividendsPreferenceUnits (10,355)eqr_DividendsPreferenceUnits
Premium on redemption of Preferred Shares 0us-gaap_RedemptionPremium 0us-gaap_RedemptionPremium (5,152)us-gaap_RedemptionPremium
Net income available to Common Shares $ 627,163us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 1,826,468us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 826,212us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share - basic:      
Income (loss) from continuing operations available to Common Shares $ 1.732us-gaap_IncomeLossFromContinuingOperationsPerBasicShare $ (0.466)us-gaap_IncomeLossFromContinuingOperationsPerBasicShare $ 0.454us-gaap_IncomeLossFromContinuingOperationsPerBasicShare
Net income available to Common Shares $ 1.736us-gaap_EarningsPerShareBasic $ 5.155us-gaap_EarningsPerShareBasic $ 2.729us-gaap_EarningsPerShareBasic
Weighted average Common Shares outstanding 361,181us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 354,305us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 302,701us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Earnings per share - diluted:      
Income (loss) from continuing operations available to Common Shares $ 1.722us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare $ (0.466)us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare $ 0.450us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare
Net income available to Common Shares $ 1.726us-gaap_EarningsPerShareDiluted $ 5.155us-gaap_EarningsPerShareDiluted $ 2.705us-gaap_EarningsPerShareDiluted
Weighted average Common Shares outstanding 377,735us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 354,305us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 319,766us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Distributions declared per Common Share outstanding $ 2.000us-gaap_CommonStockDividendsPerShareDeclared $ 1.850us-gaap_CommonStockDividendsPerShareDeclared $ 1.780us-gaap_CommonStockDividendsPerShareDeclared