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CONSOLIDATED STATEMENTS OF CASH FLOWS OF ERP OPERATING LIMITED PARTNERSHIP (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 109,257 $ 220,548
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 204,215 196,309
Amortization of deferred financing costs 2,136 3,679
Amortization of above/below market lease intangibles (18) 1,098
Amortization of discounts and premiums on debt 1,418 1,532
Amortization of deferred settlements on derivative instruments 4,390 4,788
Amortization of right-of-use assets 4,022  
Write-off of pursuit costs 1,448 931
(Income) loss from investments in unconsolidated entities 707 977
Distributions from unconsolidated entities – return on capital 693 615
Net (gain) loss on sales of real estate properties 21 (142,213)
Net (gain) loss on sales of land parcels (1)  
Net (gain) loss on debt extinguishment   22,110
Compensation paid with Company Common Shares 9,806 10,278
Changes in assets and liabilities:    
(Increase) decrease in other assets (14,325) (15,396)
Increase (decrease) in accounts payable and accrued expenses 63,789 48,997
Increase (decrease) in accrued interest payable 11,406 11,718
Increase (decrease) in lease liabilities (554)  
Increase (decrease) in other liabilities (25,942) (4,692)
Increase (decrease) in security deposits 1,077 (261)
Net cash provided by operating activities 373,545 361,018
CASH FLOWS FROM INVESTING ACTIVITIES:    
Investment in real estate – acquisitions (258,938) (54,134)
Investment in real estate – development/other (45,327) (40,813)
Capital expenditures to real estate (34,018) (36,747)
Non-real estate capital additions (1,018) (1,191)
Interest capitalized for real estate under development (1,202) (1,688)
Proceeds from disposition of real estate, net   284,670
Investments in unconsolidated entities (6,281) (2,799)
Purchase of investment securities and other investments (251)  
Net cash provided by (used for) investing activities (347,035) 147,298
CASH FLOWS FROM FINANCING ACTIVITIES:    
Debt financing costs (1,492) (4,345)
Mortgage notes payable, net:    
Proceeds 288,120  
Lump sum payoffs   (725,639)
Scheduled principal repayments (1,619) (1,720)
Notes, net:    
Proceeds   497,010
Line of credit and commercial paper:    
Line of credit proceeds 1,995,000 415,000
Line of credit repayments (1,995,000) (415,000)
Commercial paper proceeds 3,985,661 1,107,561
Commercial paper repayments (4,140,000) (1,173,000)
Proceeds from (payments on) settlement of derivative instruments   1,638
Proceeds from Employee Share Purchase Plan (ESPP) 1,126 1,681
Proceeds from exercise of EQR options 29,860 1,600
Payment of offering costs   (26)
Contributions – Noncontrolling Interests – Partially Owned Properties   125
Contributions – Limited Partners   1
Distributions:    
OP Units – General Partner (199,749) (185,484)
Preference Units   (773)
OP Units – Limited Partners (7,256) (6,666)
Noncontrolling Interests – Partially Owned Properties (3,968) (4,220)
Net cash provided by (used for) financing activities (49,317) (514,367)
Net increase (decrease) in cash and cash equivalents and restricted deposits (22,807) (6,051)
Cash and cash equivalents and restricted deposits, beginning of period 116,313 100,762
Cash and cash equivalents and restricted deposits, end of period 93,506 94,711
Cash and cash equivalents 29,391 44,453
Restricted deposits 64,115 50,258
SUPPLEMENTAL INFORMATION:    
Cash paid for interest, net of amounts capitalized 74,777 96,404
Net cash paid for income and other taxes 531 462
Amortization of deferred financing costs:    
Other assets 603 603
Mortgage notes payable, net 416 2,084
Notes, net 1,117 992
Amortization of discounts and premiums on debt:    
Mortgage notes payable, net 736 897
Notes, net 682 635
Amortization of deferred settlements on derivative instruments:    
Other liabilities (3) (3)
Accumulated other comprehensive income 4,393 4,791
Write-off of pursuit costs:    
Investment in real estate, net 1,437 931
Other assets 11  
(Income) loss from investments in unconsolidated entities:    
Investments in unconsolidated entities 364 627
Other liabilities 343 350
Realized/unrealized (gain) loss on derivative instruments:    
Other assets 1,337 (9,132)
Notes, net 1,255 (2,289)
Other liabilities 11,828 5,334
Accumulated other comprehensive income (14,420) 6,087
Investments in unconsolidated entities:    
Investments in unconsolidated entities (5,561) (2,079)
Other liabilities (720) (720)
Debt financing costs:    
Other assets 145  
Mortgage notes payable, net (1,632)  
Notes, net (5) (4,345)
Right-of-use assets and lease liabilities initial measurement and reclassifications:    
Right-of-use assets (438,705)  
Other assets 184,116  
Lease liabilities 282,791  
Other liabilities (28,202)  
Mortgage Notes Payable, Net [Member]    
Mortgage notes payable, net:    
Net gain (loss) on debt extinguishment   (22,110)
ERPOP [Member]    
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income 109,257 220,548
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 204,215 196,309
Amortization of deferred financing costs 2,136 3,679
Amortization of above/below market lease intangibles (18) 1,098
Amortization of discounts and premiums on debt 1,418 1,532
Amortization of deferred settlements on derivative instruments 4,390 4,788
Amortization of right-of-use assets 4,022  
Write-off of pursuit costs 1,448 931
(Income) loss from investments in unconsolidated entities 707 977
Distributions from unconsolidated entities – return on capital 693 615
Net (gain) loss on sales of real estate properties 21 (142,213)
Net (gain) loss on sales of land parcels (1)  
Net (gain) loss on debt extinguishment   22,110
Compensation paid with Company Common Shares 9,806 10,278
Changes in assets and liabilities:    
(Increase) decrease in other assets (14,325) (15,396)
Increase (decrease) in accounts payable and accrued expenses 63,789 48,997
Increase (decrease) in accrued interest payable 11,406 11,718
Increase (decrease) in lease liabilities (554)  
Increase (decrease) in other liabilities (25,942) (4,692)
Increase (decrease) in security deposits 1,077 (261)
Net cash provided by operating activities 373,545 361,018
CASH FLOWS FROM INVESTING ACTIVITIES:    
Investment in real estate – acquisitions (258,938) (54,134)
Investment in real estate – development/other (45,327) (40,813)
Capital expenditures to real estate (34,018) (36,747)
Non-real estate capital additions (1,018) (1,191)
Interest capitalized for real estate under development (1,202) (1,688)
Proceeds from disposition of real estate, net   284,670
Investments in unconsolidated entities (6,281) (2,799)
Purchase of investment securities and other investments (251)  
Net cash provided by (used for) investing activities (347,035) 147,298
CASH FLOWS FROM FINANCING ACTIVITIES:    
Debt financing costs (1,492) (4,345)
Mortgage notes payable, net:    
Proceeds 288,120  
Lump sum payoffs   (725,639)
Scheduled principal repayments (1,619) (1,720)
Notes, net:    
Proceeds   497,010
Line of credit and commercial paper:    
Line of credit proceeds 1,995,000 415,000
Line of credit repayments (1,995,000) (415,000)
Commercial paper proceeds 3,985,661 1,107,561
Commercial paper repayments (4,140,000) (1,173,000)
Proceeds from (payments on) settlement of derivative instruments   1,638
Proceeds from Employee Share Purchase Plan (ESPP) 1,126 1,681
Proceeds from exercise of EQR options 29,860 1,600
Payment of offering costs   (26)
Contributions – Noncontrolling Interests – Partially Owned Properties   125
Contributions – Limited Partners   1
Distributions:    
OP Units – General Partner (199,749) (185,484)
Preference Units   (773)
OP Units – Limited Partners (7,256) (6,666)
Noncontrolling Interests – Partially Owned Properties (3,968) (4,220)
Net cash provided by (used for) financing activities (49,317) (514,367)
Net increase (decrease) in cash and cash equivalents and restricted deposits (22,807) (6,051)
Cash and cash equivalents and restricted deposits, beginning of period 116,313 100,762
Cash and cash equivalents and restricted deposits, end of period 93,506 94,711
Cash and cash equivalents 29,391 44,453
Restricted deposits 64,115 50,258
SUPPLEMENTAL INFORMATION:    
Cash paid for interest, net of amounts capitalized 74,777 96,404
Net cash paid for income and other taxes 531 462
Amortization of deferred financing costs:    
Other assets 603 603
Mortgage notes payable, net 416 2,084
Notes, net 1,117 992
Amortization of discounts and premiums on debt:    
Mortgage notes payable, net 736 897
Notes, net 682 635
Amortization of deferred settlements on derivative instruments:    
Other liabilities (3) (3)
Accumulated other comprehensive income 4,393 4,791
Write-off of pursuit costs:    
Investment in real estate, net 1,437 931
Other assets 11  
(Income) loss from investments in unconsolidated entities:    
Investments in unconsolidated entities 364 627
Other liabilities 343 350
Realized/unrealized (gain) loss on derivative instruments:    
Other assets 1,337 (9,132)
Notes, net 1,255 (2,289)
Other liabilities 11,828 5,334
Accumulated other comprehensive income (14,420) 6,087
Investments in unconsolidated entities:    
Investments in unconsolidated entities (5,561) (2,079)
Other liabilities (720) (720)
Debt financing costs:    
Other assets 145  
Mortgage notes payable, net (1,632)  
Notes, net (5) (4,345)
Right-of-use assets and lease liabilities initial measurement and reclassifications:    
Right-of-use assets (438,705)  
Other assets 184,116  
Lease liabilities 282,791  
Other liabilities $ (28,202)  
ERPOP [Member] | Mortgage Notes Payable, Net [Member]    
Mortgage notes payable, net:    
Net gain (loss) on debt extinguishment   $ (22,110)