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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
REVENUES    
Rental income $ 664,606us-gaap_OperatingLeasesIncomeStatementLeaseRevenue $ 630,725us-gaap_OperatingLeasesIncomeStatementLeaseRevenue
Fee and asset management 1,765us-gaap_ManagementFeesRevenue 2,717us-gaap_ManagementFeesRevenue
Total revenues 666,371us-gaap_Revenues 633,442us-gaap_Revenues
EXPENSES    
Property and maintenance 124,560us-gaap_CostOfPropertyRepairsAndMaintenance 125,566us-gaap_CostOfPropertyRepairsAndMaintenance
Real estate taxes and insurance 86,432us-gaap_RealEstateTaxesAndInsurance 82,094us-gaap_RealEstateTaxesAndInsurance
Property management 21,444us-gaap_OwnedPropertyManagementCosts 22,118us-gaap_OwnedPropertyManagementCosts
Fee and asset management 1,321us-gaap_ServiceManagementCosts 1,662us-gaap_ServiceManagementCosts
Depreciation 194,521us-gaap_Depreciation 185,167us-gaap_Depreciation
General and administrative 19,922us-gaap_GeneralAndAdministrativeExpense 17,576us-gaap_GeneralAndAdministrativeExpense
Total expenses 448,200us-gaap_CostsAndExpenses 434,183us-gaap_CostsAndExpenses
Operating Income 218,171us-gaap_OperatingIncomeLoss 199,259us-gaap_OperatingIncomeLoss
Interest and other income 120us-gaap_InterestAndOtherIncome 605us-gaap_InterestAndOtherIncome
Other expenses 70us-gaap_OtherNonoperatingExpense (664)us-gaap_OtherNonoperatingExpense
Interest:    
Expense incurred, net (108,622)us-gaap_InterestExpenseDebt (113,049)us-gaap_InterestExpenseDebt
Amortization of deferred financing costs (2,589)us-gaap_AmortizationOfFinancingCosts (2,792)us-gaap_AmortizationOfFinancingCosts
Income before income and other taxes, income (loss) from investments in unconsolidated entities, net gain (loss) on sales of real estate properties and land parcels and discontinued operations 107,150us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 83,359us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income and other tax (expense) benefit (43)us-gaap_IncomeTaxExpenseBenefit (240)us-gaap_IncomeTaxExpenseBenefit
Income (loss) from investments in unconsolidated entities 2,963us-gaap_IncomeLossFromEquityMethodInvestments (1,409)us-gaap_IncomeLossFromEquityMethodInvestments
Net gain on sales of real estate properties 79,951us-gaap_GainsLossesOnSalesOfInvestmentRealEstate 0us-gaap_GainsLossesOnSalesOfInvestmentRealEstate
Net (loss) on sales of land parcels (1)eqr_GainLossOnSalesOfLandParcels (30)eqr_GainLossOnSalesOfLandParcels
Income from continuing operations 190,020us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest 81,680us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
Discontinued operations, net 204us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax 1,052us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax
Net income 190,224us-gaap_ProfitLoss 82,732us-gaap_ProfitLoss
Net (income) attributable to Noncontrolling Interests:    
Net (income) attributable to Noncontrolling Interests - Operating Partnership (7,059)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (3,093)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net (income) attributable to Noncontrolling Interests – Partially Owned Properties (643)eqr_AllocationOfNetIncomeLossToNoncontrollingInterestsPartiallyOwnedProperties (504)eqr_AllocationOfNetIncomeLossToNoncontrollingInterestsPartiallyOwnedProperties
Net income attributable to controlling interests 182,522us-gaap_NetIncomeLoss 79,135us-gaap_NetIncomeLoss
Preferred distributions (891)us-gaap_DividendsPreferredStock (1,036)us-gaap_DividendsPreferredStock
Premium on redemption of Preferred Shares (2,789)us-gaap_RedemptionPremium 0us-gaap_RedemptionPremium
Net income available to Common Shares $ 178,842us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 78,099us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share - basic:    
Income from continuing operations available to Common Shares $ 0.492us-gaap_IncomeLossFromContinuingOperationsPerBasicShare $ 0.214us-gaap_IncomeLossFromContinuingOperationsPerBasicShare
Net income available to Common Shares $ 0.493us-gaap_EarningsPerShareBasic $ 0.217us-gaap_EarningsPerShareBasic
Weighted average Common Shares outstanding 363,098us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 360,470us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Earnings per share - diluted:    
Income from continuing operations available to Common Shares $ 0.488us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare $ 0.213us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare
Net income available to Common Shares $ 0.489us-gaap_EarningsPerShareDiluted $ 0.216us-gaap_EarningsPerShareDiluted
Weighted average Common Shares outstanding 380,327us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 376,384us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Distributions declared per Common Share outstanding $ 0.5525us-gaap_CommonStockDividendsPerShareDeclared $ 0.50us-gaap_CommonStockDividendsPerShareDeclared