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CONSOLIDATED BALANCE SHEETS OF ERP OPERATING LIMITED PARTNERSHIP - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
ASSETS    
Land $ 5,581,876 $ 5,580,878
Depreciable property 22,938,426 22,334,369
Projects under development 78,036 112,940
Land held for development 114,300 60,567
Investment in real estate 28,712,638 28,088,754
Accumulated depreciation (9,810,337) (9,027,850)
Investment in real estate, net 18,902,301 19,060,904
Investments in unconsolidated entities 282,049 279,024
Cash and cash equivalents 50,743 53,869
Restricted deposits 89,252 83,303
Right-of-use assets 457,266 462,956
Other assets 252,953 278,206
Total assets 20,034,564 20,218,262
Liabilities:    
Mortgage notes payable, net 1,632,902 1,953,438
Notes, net 5,348,417 5,342,329
Line of credit and commercial paper 409,131 129,955
Accounts payable and accrued expenses 104,430 96,028
Accrued interest payable 65,716 66,310
Lease liabilities 311,640 308,748
Other liabilities 255,543 306,941
Security deposits 69,178 68,940
Distributions payable 259,231 244,621
Total liabilities 8,456,188 8,517,310
Commitments and contingencies
Redeemable Limited Partners 289,248 318,273
Partners’ Capital:    
Accumulated other comprehensive income (loss) 5,704 (2,547)
Noncontrolling Interests – Partially Owned Properties 994 (721)
Total liabilities and equity/capital 20,034,564 20,218,262
ERPOP [Member]    
ASSETS    
Land 5,581,876 5,580,878
Depreciable property 22,938,426 22,334,369
Projects under development 78,036 112,940
Land held for development 114,300 60,567
Investment in real estate 28,712,638 28,088,754
Accumulated depreciation (9,810,337) (9,027,850)
Investment in real estate, net 18,902,301 19,060,904
Investments in unconsolidated entities 282,049 279,024
Cash and cash equivalents 50,743 53,869
Restricted deposits 89,252 83,303
Right-of-use assets 457,266 462,956
Other assets 252,953 278,206
Total assets 20,034,564 20,218,262
Liabilities:    
Mortgage notes payable, net 1,632,902 1,953,438
Notes, net 5,348,417 5,342,329
Line of credit and commercial paper 409,131 129,955
Accounts payable and accrued expenses 104,430 96,028
Accrued interest payable 65,716 66,310
Lease liabilities 311,640 308,748
Other liabilities 255,543 306,941
Security deposits 69,178 68,940
Distributions payable 259,231 244,621
Total liabilities 8,456,188 8,517,310
Commitments and contingencies
Redeemable Limited Partners 289,248 318,273
Partners’ Capital:    
Preference Units 37,280 37,280
General Partner 11,042,844 11,138,706
Limited Partners 202,306 209,961
Accumulated other comprehensive income (loss) 5,704 (2,547)
Total partners’ capital 11,288,134 11,383,400
Noncontrolling Interests – Partially Owned Properties 994 (721)
Total capital 11,289,128 11,382,679
Total liabilities and equity/capital $ 20,034,564 $ 20,218,262