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Equity, Capital and Other Interests (Tables)
 9 Months Ended
Sep. 30, 2016
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) for the nine months ended September 30, 2016:
 
 
2016
Common Shares
 
 
Common Shares outstanding at January 1,
 
364,755,444

Common Shares Issued:
 
 
Conversion of OP Units
 
87,168

Exercise of share options
 
619,232

Employee Share Purchase Plan (ESPP)
 
46,399

Restricted share grants, net
 
148,822

Common Shares outstanding at September 30,
 
365,657,065

Units
 
 
Units outstanding at January 1,
 
14,427,164

Restricted unit grants, net
 
287,749

Conversion of OP Units to Common Shares
 
(87,168
)
Units outstanding at September 30,
 
14,627,745

Total Common Shares and Units outstanding at September 30,
 
380,284,810

Units Ownership Interest in Operating Partnership
 
3.8
%
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 nine months ended September 30, 2016 (amounts in thousands):
 
 
2016
Balance at January 1,
 
$
566,783

Change in market value
 
(113,308
)
Change in carrying value
 
(11,583
)
Balance at September 30,
 
$
441,892
Schedule Of Preferred Stock [Table Text Block]
The following table presents the Company’s issued and outstanding Preferred Shares as of September 30, 2016 and December 31, 2015:
 
 
 
 
 
 
Amounts in thousands
 
 
Redemption
Date (1)
 
Annual
Dividend per
Share (2)
 
September 30,
2016
 
December 31,
2015
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; 745,600 shares issued and outstanding
at September 30, 2016 and December 31, 2015
 
12/10/26
 

$4.145

 
$
37,280

 
$
37,280

 
 
 
 
 
 
$
37,280

 
$
37,280

(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.

ERPOP [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 nine months ended September 30, 2016:
 
 
2016
General and Limited Partner Units
 
 
General and Limited Partner Units outstanding at January 1,
 
379,182,608

Issued to General Partner:
 
 
Exercise of EQR share options
 
619,232

EQR’s Employee Share Purchase Plan (ESPP)
 
46,399

EQR's restricted share grants, net
 
148,822

Issued to Limited Partners:
 
 
Restricted unit grants, net
 
287,749

General and Limited Partner Units outstanding at September 30,
 
380,284,810

Limited Partner Units
 
 
Limited Partner Units outstanding at January 1,
 
14,427,164

Limited Partner restricted unit grants, net
 
287,749

Conversion of Limited Partner OP Units to EQR Common Shares
 
(87,168
)
Limited Partner Units outstanding at September 30,
 
14,627,745

Limited Partner Units Ownership Interest in Operating Partnership
 
3.8
%
Redeemable Noncontrolling Interest [Table Text Block]
The following table presents the changes in the redemption value of the Redeemable Limited Partners for the nine months ended September 30, 2016 (amounts in thousands):
 
 
2016
Balance at January 1,
 
$
566,783

Change in market value
 
(113,308
)
Change in carrying value
 
(11,583
)
Balance at September 30,
 
$
441,892
Schedule Of Preferred Stock [Table Text Block]
The following table presents the Operating Partnership's issued and outstanding “Preference Units” as of September 30, 2016 and December 31, 2015:
 
 
 
 
 
 
Amounts in thousands
 
 
Redemption
Date (1)
 
Annual
Dividend per
Unit (2)
 
September 30,
2016
 
December 31,
2015
Preference Units:
 
 
 
 
 
 
 
 
8.29% Series K Cumulative Redeemable Preference Units;
liquidation value $50 per unit; 745,600 units issued and
outstanding at September 30, 2016 and December 31, 2015
 
12/10/26
 

$4.145

 
$
37,280

 
$
37,280

 
 
 
 
 
 
$
37,280

 
$
37,280

(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.