CONSOLIDATED BALANCE SHEETS OF ERP OPERATING LIMITED PARTNERSHIP (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2025	Dec. 31, 2024
ASSETS
Land	$ 5,636,458	$ 5,606,531
Depreciable property	24,711,740	24,039,412
Projects under development	168,626	261,706
Land held for development	59,956	63,142
Investment in real estate	30,576,780	29,970,791
Accumulated depreciation	(10,816,579)	(10,412,463)
Investment in real estate, net	19,760,201	19,558,328
Investments in unconsolidated entities	403,768	386,531
Cash and cash equivalents	31,276	62,302
Restricted deposits	100,678	97,864
Right-of-use assets	449,577	455,445
Other assets	282,014	273,706
Total assets	21,027,514	20,834,176
Liabilities:
Mortgage notes payable, net	1,594,765	1,630,690
Notes, net	5,994,914	5,947,376
Line of credit and commercial paper	782,147	543,679
Accounts payable and accrued expenses	108,792	99,347
Accrued interest payable	75,694	74,176
Lease liabilities	302,847	304,897
Other liabilities	290,101	310,559
Security deposits	81,179	75,611
Distributions payable	270,695	263,494
Total liabilities	9,501,134	9,249,829
Commitments and contingencies
Redeemable Limited Partners	317,905	338,563
Partners’ Capital:
Accumulated other comprehensive income (loss)	1,615	4,214
Noncontrolling Interests – Partially Owned Properties	(2,463)	(718)
Total liabilities and equity/capital	21,027,514	20,834,176
ERPOP [Member]
ASSETS
Land	5,636,458	5,606,531
Depreciable property	24,711,740	24,039,412
Projects under development	168,626	261,706
Land held for development	59,956	63,142
Investment in real estate	30,576,780	29,970,791
Accumulated depreciation	(10,816,579)	(10,412,463)
Investment in real estate, net	19,760,201	19,558,328
Investments in unconsolidated entities	403,768	386,531
Cash and cash equivalents	31,276	62,302
Restricted deposits	100,678	97,864
Right-of-use assets	449,577	455,445
Other assets	282,014	273,706
Total assets	21,027,514	20,834,176
Liabilities:
Mortgage notes payable, net	1,594,765	1,630,690
Notes, net	5,994,914	5,947,376
Line of credit and commercial paper	782,147	543,679
Accounts payable and accrued expenses	108,792	99,347
Accrued interest payable	75,694	74,176
Lease liabilities	302,847	304,897
Other liabilities	290,101	310,559
Security deposits	81,179	75,611
Distributions payable	270,695	263,494
Total liabilities	9,501,134	9,249,829
Commitments and contingencies
Redeemable Limited Partners	317,905	338,563
Partners’ Capital:
Preference Units	17,155	17,155
General Partner	10,989,451	11,023,191
Limited Partners	202,717	201,942
Accumulated other comprehensive income (loss)	1,615	4,214
Total partners’ capital	11,210,938	11,246,502
Noncontrolling Interests – Partially Owned Properties	(2,463)	(718)
Total capital	11,208,475	11,245,784
Total liabilities and equity/capital	$ 21,027,514	$ 20,834,176