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CONSOLIDATED BALANCE SHEETS OF ERP OPERATING LIMITED PARTNERSHIP (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
ASSETS    
Land $ 5,540,352 $ 5,581,876
Depreciable property 23,004,377 22,938,426
Projects under development 188,283 78,036
Land held for development 64,781 114,300
Investment in real estate 28,797,793 28,712,638
Accumulated depreciation (10,163,756) (9,810,337)
Investment in real estate, net 18,634,037 18,902,301
Investments in unconsolidated entities 341,871 282,049
Cash and cash equivalents 38,298 50,743
Restricted deposits 100,123 89,252
Right-of-use assets 450,796 457,266
Other assets 214,443 252,953
Total assets 19,779,568 20,034,564
Liabilities:    
Mortgage notes payable, net 1,634,838 1,632,902
Notes, net 5,351,461 5,348,417
Line of credit and commercial paper 170,884 409,131
Accounts payable and accrued expenses 114,413 87,377
Accrued interest payable 65,585 65,716
Lease liabilities 309,182 311,640
Other liabilities 292,424 272,596
Security deposits 69,848 69,178
Distributions payable 263,668 259,231
Total liabilities 8,272,303 8,456,188
Commitments and contingencies
Redeemable Limited Partners 327,641 289,248
Partners’ Capital:    
Accumulated other comprehensive income (loss) 6,914 5,704
Noncontrolling Interests – Partially Owned Properties (295) 994
Total liabilities and equity/capital 19,779,568 20,034,564
ERPOP [Member]    
ASSETS    
Land 5,540,352 5,581,876
Depreciable property 23,004,377 22,938,426
Projects under development 188,283 78,036
Land held for development 64,781 114,300
Investment in real estate 28,797,793 28,712,638
Accumulated depreciation (10,163,756) (9,810,337)
Investment in real estate, net 18,634,037 18,902,301
Investments in unconsolidated entities 341,871 282,049
Cash and cash equivalents 38,298 50,743
Restricted deposits 100,123 89,252
Right-of-use assets 450,796 457,266
Other assets 214,443 252,953
Total assets 19,779,568 20,034,564
Liabilities:    
Mortgage notes payable, net 1,634,838 1,632,902
Notes, net 5,351,461 5,348,417
Line of credit and commercial paper 170,884 409,131
Accounts payable and accrued expenses 114,413 87,377
Accrued interest payable 65,585 65,716
Lease liabilities 309,182 311,640
Other liabilities 292,424 272,596
Security deposits 69,848 69,178
Distributions payable 263,668 259,231
Total liabilities 8,272,303 8,456,188
Commitments and contingencies
Redeemable Limited Partners 327,641 289,248
Partners’ Capital:    
Preference Units 17,155 37,280
General Partner 10,951,818 11,042,844
Limited Partners 204,032 202,306
Accumulated other comprehensive income (loss) 6,914 5,704
Total partners’ capital 11,179,919 11,288,134
Noncontrolling Interests – Partially Owned Properties (295) 994
Total capital 11,179,624 11,289,128
Total liabilities and equity/capital $ 19,779,568 $ 20,034,564