2024 Q1 Form 10-K Financial Statement

#000095017024015907 Filed on February 15, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $730.8M $727.5M $2.874B
YoY Change 3.65% 3.97% 5.07%
Cost Of Revenue $279.0M $252.1M $1.046B
YoY Change 1.2% 8.97% 6.5%
Gross Profit $451.8M $475.4M $1.827B
YoY Change 5.22% 1.5% 4.27%
Gross Profit Margin 61.82% 65.34% 63.59%
Selling, General & Admin $15.72M $11.58M $60.72M
YoY Change -2.75% -0.82% 3.42%
% of Gross Profit 3.48% 2.44% 3.32%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $225.7M $226.8M $888.7M
YoY Change 4.57% 5.84% 0.74%
% of Gross Profit 49.95% 47.71% 48.63%
Operating Expenses $243.6M $238.4M $949.4M
YoY Change 4.98% 5.5% 0.91%
Operating Profit $208.2M $237.0M $878.0M
YoY Change -30.02% -2.22% -21.33%
Interest Expense -$59.80M -$59.54M -$256.2M
YoY Change -10.53% -15.88% -11.51%
% of Operating Profit -28.72% -25.12% -29.17%
Other Income/Expense, Net -$31.74M -$8.902M -$29.42M
YoY Change 252.84% 99.02% 115.3%
Pretax Income $307.0M $324.1M $875.0M
YoY Change 38.46% 93.92% 7.64%
Income Tax $304.0K $256.0K $1.148M
% Of Pretax Income 0.1% 0.08% 0.13%
Net Earnings $295.8M $310.9M $832.3M
YoY Change 39.5% 96.48% 7.14%
Net Earnings / Revenue 40.47% 42.74% 28.96%
Basic Earnings Per Share $0.78 $2.20
Diluted Earnings Per Share $0.77 $0.80 $2.13
COMMON SHARES
Basic Shares Outstanding 379.6M 379.7M 378.8M
Diluted Shares Outstanding 390.6M 390.9M

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $44.54M $50.74M $50.74M
YoY Change -66.63% -5.8% -5.8%
Cash & Equivalents $44.54M $50.74M $50.74M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $44.54M $50.74M $50.74M
YoY Change -66.63% -5.8% -5.8%
LONG-TERM ASSETS
Property, Plant & Equipment $19.18B $19.36B $19.36B
YoY Change -0.92% -0.84% -0.84%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $289.3M $282.0M $282.0M
YoY Change -1.03% 1.08% 1.08%
Other Assets $152.0M $89.25M $89.25M
YoY Change 77.55% 7.14% 7.14%
Total Long-Term Assets $19.85B $19.98B $19.98B
YoY Change -0.59% -0.9% -0.9%
TOTAL ASSETS
Total Short-Term Assets $44.54M $50.74M $50.74M
Total Long-Term Assets $19.85B $19.98B $19.98B
Total Assets $19.89B $20.03B $20.03B
YoY Change -1.03% -0.91% -0.91%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $146.1M $104.4M $104.4M
YoY Change 0.98% 8.75% 8.75%
Accrued Expenses $359.6M $377.4M $377.4M
YoY Change -1.38% 0.61% 23.26%
Deferred Revenue
YoY Change
Short-Term Debt $225.9M $409.1M $409.1M
YoY Change 214.83% 214.83%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.064B $810.2M $810.2M
YoY Change 27.12% -11.42% -4.2%
LONG-TERM LIABILITIES
Long-Term Debt $6.984B $7.390B $7.390B
YoY Change -4.49% 1.3% 0.35%
Other Long-Term Liabilities $274.9M $255.5M $255.5M
YoY Change -3.0% -16.75% -16.75%
Total Long-Term Liabilities $7.259B $7.646B $7.646B
YoY Change -4.43% 0.57% -0.33%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.064B $810.2M $810.2M
Total Long-Term Liabilities $7.259B $7.646B $7.646B
Total Liabilities $8.323B $8.949B $8.949B
YoY Change -1.3% 5.07% -1.06%
SHAREHOLDERS EQUITY
Retained Earnings $1.437B $1.437B
YoY Change -11.27% -13.36%
Common Stock $3.789M $3.793M
YoY Change 0.0% 0.24%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $11.07B $11.09B $11.09B
YoY Change
Total Liabilities & Shareholders Equity $19.89B $20.03B $20.03B
YoY Change -1.03% -0.91% -0.91%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $295.8M $310.9M $832.3M
YoY Change 39.5% 96.48% 7.14%
Depreciation, Depletion And Amortization $225.7M $226.8M $888.7M
YoY Change 4.57% 5.84% 0.74%
Cash From Operating Activities $421.0M $344.3M $1.533B
YoY Change 7.06% 2.91% 5.36%
INVESTING ACTIVITIES
Capital Expenditures $100.4M $108.0M $723.9M
YoY Change 37.93% -0.61% 61.75%
Acquisitions
YoY Change
Other Investing Activities $236.4M $166.8M $314.4M
YoY Change 102.91% -720.44% -43.39%
Cash From Investing Activities $136.0M $58.85M -$409.5M
YoY Change 211.06% -143.42% -479.9%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $0.00 $3.354M
YoY Change -100.0% -1.12%
Cash From Financing Activities -500.5M -389.9M -1.120B
YoY Change 40.94% 112.71% -37.25%
NET CHANGE
Cash From Operating Activities 421.0M 344.3M 1.533B
Cash From Investing Activities 136.0M 58.85M -409.5M
Cash From Financing Activities -500.5M -389.9M -1.120B
Net Change In Cash 56.57M 13.27M 2.823M
YoY Change -30.95% -15.52% -101.27%
FREE CASH FLOW
Cash From Operating Activities $421.0M $344.3M $1.533B
Capital Expenditures $100.4M $108.0M $723.9M
Free Cash Flow $320.6M $236.3M $808.9M
YoY Change 0.05% 4.61% -19.69%

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CY2021 us-gaap Other Nonoperating Expense
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CY2022 eqr Amortization Of Deferred Financing Costs
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CY2021 eqr Amortization Of Deferred Financing Costs
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CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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CY2023 us-gaap Income Tax Expense Benefit
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CY2022 us-gaap Income Tax Expense Benefit
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CY2021 us-gaap Income Tax Expense Benefit
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CY2022 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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CY2021 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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CY2023 eqr Allocation Of Net Income Loss To Noncontrolling Interests Partially Owned Properties
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CY2022 eqr Allocation Of Net Income Loss To Noncontrolling Interests Partially Owned Properties
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CY2021 eqr Allocation Of Net Income Loss To Noncontrolling Interests Partially Owned Properties
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NetIncomeLoss
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CY2022 us-gaap Net Income Loss
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CY2021 us-gaap Net Income Loss
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CY2022 us-gaap Preferred Stock Dividends Income Statement Impact
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CY2021 us-gaap Preferred Stock Dividends Income Statement Impact
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CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
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ProfitLoss
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ProfitLoss
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CY2023 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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ProfitLoss
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ProfitLoss
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CY2021 us-gaap Depreciation
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CY2022 us-gaap Amortization Of Financing Costs
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CY2021 us-gaap Amortization Of Financing Costs
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CY2023 us-gaap Amortization Of Debt Discount Premium
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CY2021 us-gaap Amortization Of Debt Discount Premium
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CY2021 us-gaap Amortization Of Deferred Hedge Gains
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CY2023 eqr Operating And Finance Lease Right Of Use Asset Amortization
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CY2022 eqr Operating And Finance Lease Right Of Use Asset Amortization
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CY2023 us-gaap Noncash Project Abandonment Costs
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CY2022 us-gaap Noncash Project Abandonment Costs
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CY2021 us-gaap Noncash Project Abandonment Costs
NoncashProjectAbandonmentCosts
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CY2023 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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CY2022 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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CY2021 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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CY2023 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
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CY2022 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
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CY2021 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
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CY2023 us-gaap Gains Losses On Sales Of Investment Real Estate
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CY2022 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
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CY2021 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
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CY2021 eqr Gain Loss On Sales Of Land Parcels
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CY2023 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
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CY2022 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
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CY2021 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
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CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
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CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
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ShareBasedCompensation
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CY2021 us-gaap Increase Decrease In Other Operating Assets
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CY2023 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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CY2021 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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CY2022 us-gaap Increase Decrease In Interest Payable Net
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CY2021 us-gaap Increase Decrease In Interest Payable Net
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CY2023 eqr Increase Decrease In Lease Liabilities
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CY2022 eqr Increase Decrease In Lease Liabilities
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CY2021 eqr Increase Decrease In Lease Liabilities
IncreaseDecreaseInLeaseLiabilities
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CY2023 us-gaap Increase Decrease In Other Operating Liabilities
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CY2022 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
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CY2021 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
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CY2023 us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
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CY2022 us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
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CY2021 us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
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CY2023 us-gaap Net Cash Provided By Used In Operating Activities
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CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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CY2023 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
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CY2022 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
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CY2021 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
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CY2023 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
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CY2022 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
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CY2021 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
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CY2023 eqr Payments For Capital Expenditures To Real Estate
PaymentsForCapitalExpendituresToRealEstate
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CY2022 eqr Payments For Capital Expenditures To Real Estate
PaymentsForCapitalExpendituresToRealEstate
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CY2021 eqr Payments For Capital Expenditures To Real Estate
PaymentsForCapitalExpendituresToRealEstate
151019000
CY2023 eqr Non Real Estate Capital Additions
NonRealEstateCapitalAdditions
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CY2022 eqr Non Real Estate Capital Additions
NonRealEstateCapitalAdditions
4050000
CY2021 eqr Non Real Estate Capital Additions
NonRealEstateCapitalAdditions
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CY2023 eqr Payments Of Interest Capitalized For Real Estate And Unconsolidated Entities Under Development
PaymentsOfInterestCapitalizedForRealEstateAndUnconsolidatedEntitiesUnderDevelopment
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CY2022 eqr Payments Of Interest Capitalized For Real Estate And Unconsolidated Entities Under Development
PaymentsOfInterestCapitalizedForRealEstateAndUnconsolidatedEntitiesUnderDevelopment
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CY2021 eqr Payments Of Interest Capitalized For Real Estate And Unconsolidated Entities Under Development
PaymentsOfInterestCapitalizedForRealEstateAndUnconsolidatedEntitiesUnderDevelopment
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CY2023 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
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CY2022 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
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CY2021 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
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CY2023 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
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CY2022 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
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CY2021 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
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CY2023 eqr Payments To Acquire Equity Method Investments Development And Other
PaymentsToAcquireEquityMethodInvestmentsDevelopmentAndOther
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CY2022 eqr Payments To Acquire Equity Method Investments Development And Other
PaymentsToAcquireEquityMethodInvestmentsDevelopmentAndOther
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CY2021 eqr Payments To Acquire Equity Method Investments Development And Other
PaymentsToAcquireEquityMethodInvestmentsDevelopmentAndOther
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CY2022 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
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CY2021 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
1516000
CY2023 us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
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CY2022 us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
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CY2021 us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
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CY2023 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
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CY2022 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
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CY2021 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
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CY2023 eqr Proceeds From Consolidation Of Previously Unconsolidated Entities
ProceedsFromConsolidationOfPreviouslyUnconsolidatedEntities
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CY2023 us-gaap Net Cash Provided By Used In Investing Activities
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CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2023 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
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CY2022 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
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CY2021 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
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CY2023 us-gaap Proceeds From Secured Notes Payable
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CY2022 us-gaap Proceeds From Secured Notes Payable
ProceedsFromSecuredNotesPayable
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CY2021 us-gaap Proceeds From Secured Notes Payable
ProceedsFromSecuredNotesPayable
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CY2023 eqr Mortgage Notes Payable Lump Sum Pay Offs
MortgageNotesPayableLumpSumPayOffs
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CY2022 eqr Mortgage Notes Payable Lump Sum Pay Offs
MortgageNotesPayableLumpSumPayOffs
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CY2021 eqr Mortgage Notes Payable Lump Sum Pay Offs
MortgageNotesPayableLumpSumPayOffs
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CY2023 eqr Repayments Of Mortgage Notes Payable
RepaymentsOfMortgageNotesPayable
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CY2022 eqr Repayments Of Mortgage Notes Payable
RepaymentsOfMortgageNotesPayable
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CY2021 eqr Repayments Of Mortgage Notes Payable
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CY2022 us-gaap Repayments Of Unsecured Debt
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CY2021 us-gaap Repayments Of Lines Of Credit
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CY2023 us-gaap Proceeds From Issuance Of Commercial Paper
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CY2022 us-gaap Proceeds From Issuance Of Commercial Paper
ProceedsFromIssuanceOfCommercialPaper
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CY2021 us-gaap Proceeds From Issuance Of Commercial Paper
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CY2023 us-gaap Repayments Of Commercial Paper
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CY2022 us-gaap Repayments Of Commercial Paper
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CY2021 us-gaap Repayments Of Commercial Paper
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CY2023 us-gaap Payments For Proceeds From Hedge Financing Activities
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CY2023 eqr Finance Ground Lease Principal Payments
FinanceGroundLeasePrincipalPayments
2662000
CY2022 eqr Finance Ground Lease Principal Payments
FinanceGroundLeasePrincipalPayments
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CY2021 eqr Finance Ground Lease Principal Payments
FinanceGroundLeasePrincipalPayments
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CY2022 us-gaap Proceeds From Issuance Of Common Stock
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CY2023 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
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CY2022 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
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CY2021 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
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CY2023 us-gaap Proceeds From Stock Options Exercised
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CY2022 us-gaap Proceeds From Stock Options Exercised
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CY2021 us-gaap Proceeds From Stock Options Exercised
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CY2021 us-gaap Payments Of Stock Issuance Costs
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CY2021 us-gaap Proceeds From Payments For Other Financing Activities
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CY2023 us-gaap Payments To Minority Shareholders
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CY2022 us-gaap Payments To Minority Shareholders
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CY2022 us-gaap Proceeds From Minority Shareholders
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CY2021 us-gaap Proceeds From Minority Shareholders
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CY2022 us-gaap Payments Of Dividends Common Stock
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CY2021 us-gaap Payments Of Dividends Common Stock
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CY2023 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
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CY2022 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
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CY2021 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
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CY2022 us-gaap Distribution Made To Limited Partner Cash Distributions Paid
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CY2021 us-gaap Distribution Made To Limited Partner Cash Distributions Paid
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CY2022 us-gaap Net Cash Provided By Used In Financing Activities
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CY2021 us-gaap Net Cash Provided By Used In Financing Activities
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CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
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CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-223064000
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-9394000
CY2023 eqr Write Off Pursuit Costs Investment In Real Estate
WriteOffPursuitCostsInvestmentInRealEstate
527000
CY2022 eqr Write Off Pursuit Costs Investment In Real Estate
WriteOffPursuitCostsInvestmentInRealEstate
1150000
CY2021 eqr Write Off Pursuit Costs Investment In Real Estate
WriteOffPursuitCostsInvestmentInRealEstate
5918000
CY2023 eqr Write Off Of Pursuit Costs Investments In Unconsolidated Entities
WriteOffOfPursuitCostsInvestmentsInUnconsolidatedEntities
2186000
CY2022 eqr Write Off Of Pursuit Costs Investments In Unconsolidated Entities
WriteOffOfPursuitCostsInvestmentsInUnconsolidatedEntities
2898000
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
260508000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
137172000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
360236000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
99728000
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
139995000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
137172000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
360236000
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
50743000
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
53869000
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
123832000
CY2023Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
89252000
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
83303000
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
236404000
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
139995000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
137172000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
360236000
CY2023 us-gaap Interest Paid Net
InterestPaidNet
248990000
CY2022 us-gaap Interest Paid Net
InterestPaidNet
267612000
CY2021 us-gaap Interest Paid Net
InterestPaidNet
252838000
CY2023 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1091000
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
748000
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1179000
CY2023 eqr Real Estate Acquisitions Dispositions Other Mortgage Loans Assumed
RealEstateAcquisitionsDispositionsOtherMortgageLoansAssumed
42256000
CY2023 eqr Amortization Of Deferred Financing Costs Investment In Real Estate Net
AmortizationOfDeferredFinancingCostsInvestmentInRealEstateNet
211000
CY2022 eqr Amortization Of Deferred Financing Costs Investment In Real Estate Net
AmortizationOfDeferredFinancingCostsInvestmentInRealEstateNet
506000
CY2021 eqr Amortization Of Deferred Financing Costs Investment In Real Estate Net
AmortizationOfDeferredFinancingCostsInvestmentInRealEstateNet
353000
CY2023 eqr Amortization Of Deferred Financing Costs Other Assets
AmortizationOfDeferredFinancingCostsOtherAssets
2785000
CY2022 eqr Amortization Of Deferred Financing Costs Other Assets
AmortizationOfDeferredFinancingCostsOtherAssets
2768000
CY2021 eqr Amortization Of Deferred Financing Costs Other Assets
AmortizationOfDeferredFinancingCostsOtherAssets
2338000
CY2023 eqr Amortization Of Deferred Financing Costs Mortgage Notes Payable Net
AmortizationOfDeferredFinancingCostsMortgageNotesPayableNet
2527000
CY2022 eqr Amortization Of Deferred Financing Costs Mortgage Notes Payable Net
AmortizationOfDeferredFinancingCostsMortgageNotesPayableNet
2080000
CY2021 eqr Amortization Of Deferred Financing Costs Mortgage Notes Payable Net
AmortizationOfDeferredFinancingCostsMortgageNotesPayableNet
2743000
CY2023 eqr Amortization Of Deferred Financing Costs Notes Net
AmortizationOfDeferredFinancingCostsNotesNet
3840000
CY2022 eqr Amortization Of Deferred Financing Costs Notes Net
AmortizationOfDeferredFinancingCostsNotesNet
4387000
CY2021 eqr Amortization Of Deferred Financing Costs Notes Net
AmortizationOfDeferredFinancingCostsNotesNet
4009000
CY2023 eqr Amortization Of Discounts And Premiums On Debt Mortgage Notes Payable
AmortizationOfDiscountsAndPremiumsOnDebtMortgageNotesPayable
1843000
CY2022 eqr Amortization Of Discounts And Premiums On Debt Mortgage Notes Payable
AmortizationOfDiscountsAndPremiumsOnDebtMortgageNotesPayable
2184000
CY2021 eqr Amortization Of Discounts And Premiums On Debt Mortgage Notes Payable
AmortizationOfDiscountsAndPremiumsOnDebtMortgageNotesPayable
2764000
CY2023 eqr Amortization Of Discounts And Premiums On Debt Notes Net
AmortizationOfDiscountsAndPremiumsOnDebtNotesNet
2248000
CY2022 eqr Amortization Of Discounts And Premiums On Debt Notes Net
AmortizationOfDiscountsAndPremiumsOnDebtNotesNet
2820000
CY2021 eqr Amortization Of Discounts And Premiums On Debt Notes Net
AmortizationOfDiscountsAndPremiumsOnDebtNotesNet
2538000
CY2023 eqr Amortization Of Deferred Settlements On Derivative Instruments Other Liabilities
AmortizationOfDeferredSettlementsOnDerivativeInstrumentsOtherLiabilities
12000
CY2022 eqr Amortization Of Deferred Settlements On Derivative Instruments Other Liabilities
AmortizationOfDeferredSettlementsOnDerivativeInstrumentsOtherLiabilities
12000
CY2021 eqr Amortization Of Deferred Settlements On Derivative Instruments Other Liabilities
AmortizationOfDeferredSettlementsOnDerivativeInstrumentsOtherLiabilities
12000
CY2023 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-3737000
CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-11071000
CY2023 eqr Write Off Of Pursuit Costs Other Assets
WriteOffOfPursuitCostsOtherAssets
934000
CY2022 eqr Write Off Of Pursuit Costs Other Assets
WriteOffOfPursuitCostsOtherAssets
732000
CY2021 eqr Write Off Of Pursuit Costs Other Assets
WriteOffOfPursuitCostsOtherAssets
582000
CY2021 eqr Write Off Of Pursuit Costs Accounts Payable And Accrued Expenses
WriteOffOfPursuitCostsAccountsPayableAndAccruedExpenses
26000
CY2023 eqr Income Loss From Equity Method Investments Merger
IncomeLossFromEquityMethodInvestmentsMerger
4132000
CY2022 eqr Income Loss From Equity Method Investments Merger
IncomeLossFromEquityMethodInvestmentsMerger
3778000
CY2021 eqr Income Loss From Equity Method Investments Merger
IncomeLossFromEquityMethodInvestmentsMerger
2122000
CY2023 eqr Other Liabilities Loss From Investments In Unconsolidated Entities Merger
OtherLiabilitiesLossFromInvestmentsInUnconsolidatedEntitiesMerger
1246000
CY2022 eqr Other Liabilities Loss From Investments In Unconsolidated Entities Merger
OtherLiabilitiesLossFromInvestmentsInUnconsolidatedEntitiesMerger
1253000
CY2021 eqr Other Liabilities Loss From Investments In Unconsolidated Entities Merger
OtherLiabilitiesLossFromInvestmentsInUnconsolidatedEntitiesMerger
1276000
CY2023 eqr Unrealized Gain Loss On Derivative Instruments Other Assets
UnrealizedGainLossOnDerivativeInstrumentsOtherAssets
-3749000
CY2022 eqr Unrealized Gain Loss On Derivative Instruments Other Assets
UnrealizedGainLossOnDerivativeInstrumentsOtherAssets
-21865000
CY2023 eqr Unrealized Gain Loss On Derivative Instruments Other Liabilities
UnrealizedGainLossOnDerivativeInstrumentsOtherLiabilities
-765000
CY2022 eqr Unrealized Gain Loss On Derivative Instruments Other Liabilities
UnrealizedGainLossOnDerivativeInstrumentsOtherLiabilities
1211000
CY2023 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
4514000
CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
20654000
CY2023 eqr Investment In Real Estate Net Under Development
InvestmentInRealEstateNetUnderDevelopment
4010000
CY2022 eqr Investment In Real Estate Net Under Development
InvestmentInRealEstateNetUnderDevelopment
2365000
CY2021 eqr Investment In Real Estate Net Under Development
InvestmentInRealEstateNetUnderDevelopment
15318000
CY2023 eqr Investments In Unconsolidated Entities Under Development
InvestmentsInUnconsolidatedEntitiesUnderDevelopment
-8337000
CY2022 eqr Investments In Unconsolidated Entities Under Development
InvestmentsInUnconsolidatedEntitiesUnderDevelopment
-4740000
CY2021 eqr Investments In Unconsolidated Entities Under Development
InvestmentsInUnconsolidatedEntitiesUnderDevelopment
-614000
CY2021 eqr Investment In Real Estate Net Unconsolidated Entities Other
InvestmentInRealEstateNetUnconsolidatedEntitiesOther
1395000
CY2023 eqr Investments In Unconsolidated Entities
InvestmentsInUnconsolidatedEntities
45770000
CY2022 eqr Investments In Unconsolidated Entities
InvestmentsInUnconsolidatedEntities
108556000
CY2021 eqr Investments In Unconsolidated Entities
InvestmentsInUnconsolidatedEntities
30642000
CY2023 eqr Investments In Unconsolidated Entities Other Liabilities
InvestmentsInUnconsolidatedEntitiesOtherLiabilities
1410000
CY2022 eqr Investments In Unconsolidated Entities Other Liabilities
InvestmentsInUnconsolidatedEntitiesOtherLiabilities
1290000
CY2021 eqr Investments In Unconsolidated Entities Other Liabilities
InvestmentsInUnconsolidatedEntitiesOtherLiabilities
2010000
CY2023 eqr Investment In Real Estate Net Under Consolidation Of Previously Unconsolidated Entities
InvestmentInRealEstateNetUnderConsolidationOfPreviouslyUnconsolidatedEntities
-50315000
CY2023 eqr Investments In Unconsolidated Entities Under Consolidation Of Previously Unconsolidated Entities
InvestmentsInUnconsolidatedEntitiesUnderConsolidationOfPreviouslyUnconsolidatedEntities
46327000
CY2023 eqr Accounts Payable And Accrued Expenses Under Consolidation Of Previously Unconsolidated Entities
AccountsPayableAndAccruedExpensesUnderConsolidationOfPreviouslyUnconsolidatedEntities
75000
CY2023 eqr Other Liabilities Under Consolidation Of Previously Unconsolidated Entities
OtherLiabilitiesUnderConsolidationOfPreviouslyUnconsolidatedEntities
2000000
CY2023 eqr Noncontrolling Interests Partially Owned Properties Under Consolidation Of Previously Unconsolidated Entities
NoncontrollingInterestsPartiallyOwnedPropertiesUnderConsolidationOfPreviouslyUnconsolidatedEntities
4021000
CY2022 eqr Debt Financing Costs Other Assets
DebtFinancingCostsOtherAssets
9566000
CY2021 eqr Debt Financing Costs Other Assets
DebtFinancingCostsOtherAssets
-229000
CY2023 eqr Debt Financing Costs Mortgage Notes Payable Net
DebtFinancingCostsMortgageNotesPayableNet
4106000
CY2022 eqr Debt Financing Costs Mortgage Notes Payable Net
DebtFinancingCostsMortgageNotesPayableNet
228000
CY2021 eqr Debt Financing Costs Mortgage Notes Payable Net
DebtFinancingCostsMortgageNotesPayableNet
2344000
CY2022 eqr Debt Financing Costs Notes Net
DebtFinancingCostsNotesNet
-100000
CY2021 eqr Debt Financing Costs Notes Net
DebtFinancingCostsNotesNet
-4331000
CY2023 eqr Proceeds From Payments On Settlement Of Derivative Instruments Other Assets
ProceedsFromPaymentsOnSettlementOfDerivativeInstrumentsOtherAssets
25613000
CY2023 eqr Proceeds From Payments On Settlement Of Derivative Instruments Other Liabilities
ProceedsFromPaymentsOnSettlementOfDerivativeInstrumentsOtherLiabilities
-444000
CY2023 eqr Initial Measurement And Reclassifications Right Of Use Assets
InitialMeasurementAndReclassificationsRightOfUseAssets
7105000
CY2022 eqr Initial Measurement And Reclassifications Right Of Use Assets
InitialMeasurementAndReclassificationsRightOfUseAssets
400000
CY2021 eqr Initial Measurement And Reclassifications Right Of Use Assets
InitialMeasurementAndReclassificationsRightOfUseAssets
-11308000
CY2023 eqr Initial Measurement And Reclassifications Lease Liabilities
InitialMeasurementAndReclassificationsLeaseLiabilities
7105000
CY2022 eqr Initial Measurement And Reclassifications Lease Liabilities
InitialMeasurementAndReclassificationsLeaseLiabilities
400000
CY2021 eqr Initial Measurement And Reclassifications Lease Liabilities
InitialMeasurementAndReclassificationsLeaseLiabilities
-11308000
CY2023 eqr Non Cash Share Distribution From Unconsolidated Entities Investments In Unconsolidated Entities
NonCashShareDistributionFromUnconsolidatedEntitiesInvestmentsInUnconsolidatedEntities
636000
CY2022 eqr Non Cash Share Distribution From Unconsolidated Entities Investments In Unconsolidated Entities
NonCashShareDistributionFromUnconsolidatedEntitiesInvestmentsInUnconsolidatedEntities
4201000
CY2021 eqr Non Cash Share Distribution From Unconsolidated Entities Investments In Unconsolidated Entities
NonCashShareDistributionFromUnconsolidatedEntitiesInvestmentsInUnconsolidatedEntities
1430000
CY2023 eqr Non Cash Share Distribution From Unconsolidated Entities Changes In Other Assets
NonCashShareDistributionFromUnconsolidatedEntitiesChangesInOtherAssets
-636000
CY2022 eqr Non Cash Share Distribution From Unconsolidated Entities Changes In Other Assets
NonCashShareDistributionFromUnconsolidatedEntitiesChangesInOtherAssets
-4201000
CY2021 eqr Non Cash Share Distribution From Unconsolidated Entities Changes In Other Assets
NonCashShareDistributionFromUnconsolidatedEntitiesChangesInOtherAssets
-1430000
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2023Q4 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
302
CY2023Q4 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
10
CY2023Q4 us-gaap Number Of Units In Real Estate Property
NumberOfUnitsInRealEstateProperty
80191
CY2023Q4 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
302
CY2023Q4 us-gaap Number Of Units In Real Estate Property
NumberOfUnitsInRealEstateProperty
80191
CY2023 eqr Capitalized Costs Development And Renovation
CapitalizedCostsDevelopmentAndRenovation
15400000
CY2022 eqr Capitalized Costs Development And Renovation
CapitalizedCostsDevelopmentAndRenovation
15600000
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2023 eqr State And Local Income Franchise And Excise Tax Benefit
StateAndLocalIncomeFranchiseAndExciseTaxBenefit
1148000
CY2022 eqr State And Local Income Franchise And Excise Tax Benefit
StateAndLocalIncomeFranchiseAndExciseTaxBenefit
900000
CY2021 eqr State And Local Income Franchise And Excise Tax Benefit
StateAndLocalIncomeFranchiseAndExciseTaxBenefit
915000
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1148000
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
900000
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
915000
CY2023 eqr Tax Treatment Of Dividends And Distributions Ordinary Dividends
TaxTreatmentOfDividendsAndDistributionsOrdinaryDividends
1.85676
CY2022 eqr Tax Treatment Of Dividends And Distributions Ordinary Dividends
TaxTreatmentOfDividendsAndDistributionsOrdinaryDividends
1.75466
CY2021 eqr Tax Treatment Of Dividends And Distributions Ordinary Dividends
TaxTreatmentOfDividendsAndDistributionsOrdinaryDividends
1.40791
CY2023 eqr Tax Treatment Of Dividends And Distributions Long Term Capital Gain
TaxTreatmentOfDividendsAndDistributionsLongTermCapitalGain
0.57857
CY2022 eqr Tax Treatment Of Dividends And Distributions Long Term Capital Gain
TaxTreatmentOfDividendsAndDistributionsLongTermCapitalGain
0.4285
CY2021 eqr Tax Treatment Of Dividends And Distributions Long Term Capital Gain
TaxTreatmentOfDividendsAndDistributionsLongTermCapitalGain
0.73687
CY2023 eqr Tax Treatment Of Dividends And Distributions Unrecaptured Section Twelve Hundred And Fifty Gain
TaxTreatmentOfDividendsAndDistributionsUnrecapturedSectionTwelveHundredAndFiftyGain
0.17717
CY2022 eqr Tax Treatment Of Dividends And Distributions Unrecaptured Section Twelve Hundred And Fifty Gain
TaxTreatmentOfDividendsAndDistributionsUnrecapturedSectionTwelveHundredAndFiftyGain
0.29434
CY2021 eqr Tax Treatment Of Dividends And Distributions Unrecaptured Section Twelve Hundred And Fifty Gain
TaxTreatmentOfDividendsAndDistributionsUnrecapturedSectionTwelveHundredAndFiftyGain
0.26522
CY2023 eqr Tax Treatment Of Dividends And Distributions Per Common Share Or Unit Outstanding
TaxTreatmentOfDividendsAndDistributionsPerCommonShareOrUnitOutstanding
2.61250
CY2022 eqr Tax Treatment Of Dividends And Distributions Per Common Share Or Unit Outstanding
TaxTreatmentOfDividendsAndDistributionsPerCommonShareOrUnitOutstanding
2.47750
CY2021 eqr Tax Treatment Of Dividends And Distributions Per Common Share Or Unit Outstanding
TaxTreatmentOfDividendsAndDistributionsPerCommonShareOrUnitOutstanding
2.41000
CY2023Q4 us-gaap Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
0.6625
CY2022Q4 us-gaap Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
0.625
CY2021Q4 us-gaap Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
0.6025
CY2023 eqr Alternative Minimum Tax Preference Adjustment Per Share
AlternativeMinimumTaxPreferenceAdjustmentPerShare
0.01
CY2023 eqr Alternative Minimum Tax Preference Adjustment Disclosed Under Treasury Regulation One Year Amounts Disclosure Per Share
AlternativeMinimumTaxPreferenceAdjustmentDisclosedUnderTreasuryRegulationOneYearAmountsDisclosurePerShare
0.04101
CY2023 eqr Alternative Minimum Tax Preference Adjustment Disclosed Under Treasury Regulation Year Three Amounts Disclosure Per Share
AlternativeMinimumTaxPreferenceAdjustmentDisclosedUnderTreasuryRegulationYearThreeAmountsDisclosurePerShare
0.04071
CY2020Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
372302000
CY2023 us-gaap Stock Issued During Period Shares Conversion Of Units
StockIssuedDuringPeriodSharesConversionOfUnits
1013795
CY2022 us-gaap Stock Issued During Period Shares Conversion Of Units
StockIssuedDuringPeriodSharesConversionOfUnits
452532
CY2021 us-gaap Stock Issued During Period Shares Conversion Of Units
StockIssuedDuringPeriodSharesConversionOfUnits
1354208
CY2022 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
1740550
CY2023 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
495690
CY2022 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
468021
CY2021 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
1710692
CY2023 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
68136
CY2022 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
66835
CY2021 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
70702
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<p style="text-indent:2.267%;font-size:10pt;margin-top:18pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">Use of Estimates</span></p><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">In preparation of the Company’s financial statements in conformity with accounting principles generally accepted in the United States, management makes estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements as well as the reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates. </span>
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
378429708
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
375527195
CY2023 eqr Restricted Share Grants Net
RestrictedShareGrantsNet
148474
CY2022 eqr Restricted Share Grants Net
RestrictedShareGrantsNet
174575
CY2021 eqr Restricted Share Grants Net
RestrictedShareGrantsNet
89593
CY2023 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
864386
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
379291417
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
378429708
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
375527195
CY2022Q4 eqr Units Outstanding
UnitsOutstanding
12429737
CY2021Q4 eqr Units Outstanding
UnitsOutstanding
12659027
CY2020Q4 eqr Units Outstanding
UnitsOutstanding
13858073
CY2023 eqr Issuance Of Ltips
IssuanceOfLtips
165364
CY2022 eqr Issuance Of Ltips
IssuanceOfLtips
223242
CY2021 eqr Issuance Of Ltips
IssuanceOfLtips
155162
CY2023 eqr Shares Issued During Period Shares Conversion Of Units To Common Shares
SharesIssuedDuringPeriodSharesConversionOfUnitsToCommonShares
1013795
CY2022 eqr Shares Issued During Period Shares Conversion Of Units To Common Shares
SharesIssuedDuringPeriodSharesConversionOfUnitsToCommonShares
452532
CY2021 eqr Shares Issued During Period Shares Conversion Of Units To Common Shares
SharesIssuedDuringPeriodSharesConversionOfUnitsToCommonShares
1354208
CY2023Q4 eqr Units Outstanding
UnitsOutstanding
11581306
CY2022Q4 eqr Units Outstanding
UnitsOutstanding
12429737
CY2021Q4 eqr Units Outstanding
UnitsOutstanding
12659027
CY2023Q4 eqr Common Shares And Units Outstanding
CommonSharesAndUnitsOutstanding
390872723
CY2022Q4 eqr Common Shares And Units Outstanding
CommonSharesAndUnitsOutstanding
390859445
CY2021Q4 eqr Common Shares And Units Outstanding
CommonSharesAndUnitsOutstanding
388186222
CY2023Q4 eqr Units Ownership Interest In Operating Partnership
UnitsOwnershipInterestInOperatingPartnership
0.03
CY2022Q4 eqr Units Ownership Interest In Operating Partnership
UnitsOwnershipInterestInOperatingPartnership
0.032
CY2021Q4 eqr Units Ownership Interest In Operating Partnership
UnitsOwnershipInterestInOperatingPartnership
0.033
CY2023Q4 eqr Redeemable Noncontrolling Interests Operating Partnership
RedeemableNoncontrollingInterestsOperatingPartnership
289200000
CY2022Q4 eqr Redeemable Noncontrolling Interests Operating Partnership
RedeemableNoncontrollingInterestsOperatingPartnership
318300000
CY2022Q4 eqr Redeemable Noncontrolling Interests Operating Partnership
RedeemableNoncontrollingInterestsOperatingPartnership
318273000
CY2022Q4 eqr Redeemable Limited Partners
RedeemableLimitedPartners
318273000
CY2021Q4 eqr Redeemable Noncontrolling Interests Operating Partnership
RedeemableNoncontrollingInterestsOperatingPartnership
498977000
CY2021Q4 eqr Redeemable Limited Partners
RedeemableLimitedPartners
498977000
CY2020Q4 eqr Redeemable Noncontrolling Interests Operating Partnership
RedeemableNoncontrollingInterestsOperatingPartnership
338951000
CY2020Q4 eqr Redeemable Limited Partners
RedeemableLimitedPartners
338951000
CY2023 us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
-7667000
CY2023 eqr Limited Partners Change In Redemption Value
LimitedPartnersChangeInRedemptionValue
-7667000
CY2022 us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
-176490000
CY2022 eqr Limited Partners Change In Redemption Value
LimitedPartnersChangeInRedemptionValue
-176490000
CY2021 us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
158598000
CY2021 eqr Limited Partners Change In Redemption Value
LimitedPartnersChangeInRedemptionValue
158598000
CY2023 eqr Minority Interest Change In Carrying Value
MinorityInterestChangeInCarryingValue
-21358000
CY2023 eqr Limited Partners Change In Carrying Value
LimitedPartnersChangeInCarryingValue
-21358000
CY2022 eqr Minority Interest Change In Carrying Value
MinorityInterestChangeInCarryingValue
-4214000
CY2022 eqr Limited Partners Change In Carrying Value
LimitedPartnersChangeInCarryingValue
-4214000
CY2021 eqr Minority Interest Change In Carrying Value
MinorityInterestChangeInCarryingValue
1428000
CY2021 eqr Limited Partners Change In Carrying Value
LimitedPartnersChangeInCarryingValue
1428000
CY2023Q4 eqr Redeemable Noncontrolling Interests Operating Partnership
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CY2023Q4 eqr Redeemable Limited Partners
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CY2022Q4 eqr Redeemable Noncontrolling Interests Operating Partnership
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CY2022Q4 eqr Redeemable Limited Partners
RedeemableLimitedPartners
318273000
CY2021Q4 eqr Redeemable Noncontrolling Interests Operating Partnership
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CY2021Q4 eqr Redeemable Limited Partners
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CY2023Q4 us-gaap Preferred Stock Shares Authorized
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CY2023Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
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CY2023Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
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CY2022Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
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CY2023Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000
CY2023 us-gaap Stock Repurchased And Retired During Period Value
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CY2023 us-gaap Stock Repurchased During Period Shares
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CY2023 us-gaap Preferred Stock Dividends Per Share Declared
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CY2022Q4 us-gaap Land
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CY2023Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
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CY2022Q4 us-gaap Investment Building And Building Improvements
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CY2023Q4 us-gaap Fixtures And Equipment Gross
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2609600000
CY2022Q4 us-gaap Fixtures And Equipment Gross
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CY2023Q4 us-gaap Finite Lived Intangible Asset Acquired In Place Leases
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CY2022Q4 us-gaap Finite Lived Intangible Asset Acquired In Place Leases
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CY2023Q4 us-gaap Real Estate Investment Property At Cost
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CY2022Q4 us-gaap Real Estate Investment Property At Cost
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RealEstateInvestmentPropertyAccumulatedDepreciation
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RealEstateInvestmentPropertyNet
18902301000
CY2022Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
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CY2023 eqr Properties Acquired
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CY2023 eqr Payments To Acquired Interest In Consolidated Operating Property
PaymentsToAcquiredInterestInConsolidatedOperatingProperty
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CY2023 eqr Property Units Acquired
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CY2023Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets
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BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand
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CY2023Q4 eqr Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Depreciable Property
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CY2022 eqr Properties Acquired
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CY2022Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets
113000000
CY2022Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Land
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand
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CY2022Q4 eqr Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Depreciable Property
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedDepreciableProperty
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CY2023 eqr Disposed Properties
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CY2023 eqr Disposed Units
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CY2023 eqr Proceeds From Sale Of Property
ProceedsFromSaleOfProperty
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CY2022 eqr Disposed Properties
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CY2022 eqr Disposed Units
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ProceedsFromSaleOfProperty
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CY2022 us-gaap Gains Losses On Sales Of Investment Real Estate
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CY2023Q4 eqr Properties Contracted To Be Disposed
PropertiesContractedToBeDisposed
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CY2023Q4 eqr Units Contracted To Be Disposed
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CY2023Q4 eqr Sales Price For Commitments To Dispose
SalesPriceForCommitmentsToDispose
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CY2023Q4 us-gaap Sale Leaseback Transaction Net Book Value
SaleLeasebackTransactionNetBookValue
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CY2023Q4 eqr Number Of Projects
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CY2023 eqr Closure Funding Amount
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CY2022 eqr Payments To Acquired Interest In Consolidated Operating Property
PaymentsToAcquiredInterestInConsolidatedOperatingProperty
32200000
CY2023Q4 us-gaap Equity Method Investments
EquityMethodInvestments
282049000
CY2022Q4 us-gaap Equity Method Investments
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279024000
CY2023Q4 eqr Real Estate Tax And Insurance
RealEstateTaxAndInsurance
307000
CY2023Q4 us-gaap Debt Instrument Cumulative Sinking Fund Payments
DebtInstrumentCumulativeSinkingFundPayments
29270000
CY2022Q4 us-gaap Debt Instrument Cumulative Sinking Fund Payments
DebtInstrumentCumulativeSinkingFundPayments
25304000
CY2023Q4 eqr Escrow Deposits For Mortgage And Replacement Reserves
EscrowDepositsForMortgageAndReplacementReserves
29577000
CY2022Q4 eqr Escrow Deposits For Mortgage And Replacement Reserves
EscrowDepositsForMortgageAndReplacementReserves
25304000
CY2023Q4 eqr Earnest Money On Pending Acquisitions
EarnestMoneyOnPendingAcquisitions
524000
CY2022Q4 eqr Earnest Money On Pending Acquisitions
EarnestMoneyOnPendingAcquisitions
4500000
CY2023Q4 eqr Restricted Deposits On Real Estate Investments
RestrictedDepositsOnRealEstateInvestments
2181000
CY2022Q4 eqr Restricted Deposits On Real Estate Investments
RestrictedDepositsOnRealEstateInvestments
229000
CY2023Q4 eqr Resident Security And Utility Deposits
ResidentSecurityAndUtilityDeposits
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CY2022Q4 eqr Resident Security And Utility Deposits
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CY2023Q4 us-gaap Replacement Reserve Escrow
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15571000
CY2022Q4 us-gaap Replacement Reserve Escrow
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CY2023Q4 eqr Other Restricted Cash
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CY2022Q4 eqr Other Restricted Cash
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CY2023Q4 us-gaap Restricted Cash
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CY2022Q4 us-gaap Restricted Cash
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CY2023Q4 us-gaap Restricted Cash And Cash Equivalents
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CY2022Q4 us-gaap Restricted Cash And Cash Equivalents
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CY2023 eqr Operating Lease Lease Income Loss
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CY2022 eqr Operating Lease Lease Income Loss
OperatingLeaseLeaseIncomeLoss
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CY2021 eqr Operating Lease Lease Income Loss
OperatingLeaseLeaseIncomeLoss
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CY2023 us-gaap Operating Lease Lease Income
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CY2022 us-gaap Operating Lease Lease Income
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CY2021 us-gaap Operating Lease Lease Income
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CY2023 eqr Write Off Of Straight Line Receivables
WriteOffOfStraightLineReceivables
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CY2023 eqr Operating Lease Lease Income Bad Debt Net From Resident Payments
OperatingLeaseLeaseIncomeBadDebtNetFromResidentPayments
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CY2022 eqr Operating Lease Lease Income Bad Debt Net From Resident Payments
OperatingLeaseLeaseIncomeBadDebtNetFromResidentPayments
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CY2021 eqr Operating Lease Lease Income Bad Debt Net From Resident Payments
OperatingLeaseLeaseIncomeBadDebtNetFromResidentPayments
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CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
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CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
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CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
311640000
CY2022Q4 us-gaap Operating Lease Liability
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CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
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FinanceLeaseRightOfUseAssetAmortizationCapitalized
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CY2022 eqr Finance Lease Right Of Use Asset Amortization Capitalized
FinanceLeaseRightOfUseAssetAmortizationCapitalized
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CY2021 eqr Finance Lease Right Of Use Asset Amortization Capitalized
FinanceLeaseRightOfUseAssetAmortizationCapitalized
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CY2023 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
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CY2022 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
1391000
CY2021 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
1391000
CY2021 eqr Finance Lease Interest Expense Capitalized
FinanceLeaseInterestExpenseCapitalized
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CY2023 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
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CY2022 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
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CY2021 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
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CY2023 us-gaap Lease Cost
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CY2022 us-gaap Lease Cost
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CY2021 us-gaap Lease Cost
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CY2023 us-gaap Finance Lease Principal Payments
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CY2022 us-gaap Finance Lease Principal Payments
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CY2021 us-gaap Finance Lease Principal Payments
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1898000
CY2023Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
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CY2022Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
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CY2021Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
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CY2023Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
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CY2022Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.028
CY2021Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
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CY2023Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
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CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Two
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CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
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CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
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CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
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CY2023Q4 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
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CY2023Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
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CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
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CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
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CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
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CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
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CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
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CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
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CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
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CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
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CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
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CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
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CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
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CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
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CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
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CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received
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CY2023Q4 eqr Lessee Operating And Financing Lease Liability Payments Due
LesseeOperatingAndFinancingLeaseLiabilityPaymentsDue
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CY2023Q4 eqr Lessee Operating And Financing Lease Liability Undiscounted Excess Amount
LesseeOperatingAndFinancingLeaseLiabilityUndiscountedExcessAmount
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CY2023Q4 eqr Operating And Financing Lease Liability
OperatingAndFinancingLeaseLiability
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SecuredDebt
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CY2023 eqr Mortgage Notes Payable Assumptions
MortgageNotesPayableAssumptions
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CY2023 eqr Mortgage Notes Payable Lump Sum Pay Offs
MortgageNotesPayableLumpSumPayOffs
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CY2023 us-gaap Repayments Of Long Term Debt
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CY2023 eqr Amortization Of Discounts And Premiums On Debt Mortgage Notes Payable
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CY2023 eqr Amortization Of Deferred Financing Costs Net Mortgage Notes Payable Net
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CY2023Q4 us-gaap Secured Debt
SecuredDebt
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CY2021Q4 us-gaap Secured Debt
SecuredDebt
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CY2022 eqr Mortgage Notes Payable Lump Sum Pay Offs
MortgageNotesPayableLumpSumPayOffs
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CY2022 us-gaap Repayments Of Long Term Debt
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CY2022 eqr Amortization Of Discounts And Premiums On Debt Mortgage Notes Payable
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CY2022 eqr Amortization Of Deferred Financing Costs Net Mortgage Notes Payable Net
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1852000
CY2022Q4 us-gaap Secured Debt
SecuredDebt
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CY2023Q4 eqr Historical Cost Net Of Accumulated Depreciation Of Encumbered Properties
HistoricalCostNetOfAccumulatedDepreciationOfEncumberedProperties
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CY2022Q4 eqr Historical Cost Net Of Accumulated Depreciation Of Encumbered Properties
HistoricalCostNetOfAccumulatedDepreciationOfEncumberedProperties
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CY2023 eqr Effective Date Of Securities Under Shelf Registration Statement
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CY2023 eqr Expiry Date Of Securities Remaining Under Shelf Registration Statement
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2025-05
CY2022Q4 us-gaap Commercial Paper
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CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
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CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
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CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
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CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
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CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
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CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
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CY2023Q4 us-gaap Long Term Debt
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CY2023Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
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CY2023Q4 eqr Total Secured And Unsecured Debt
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CY2023Q4 us-gaap Commercial Paper
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CY2023Q4 eqr Redeemable Noncontrolling Interests Operating Partnership
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CY2022Q4 us-gaap Other Assets Fair Value Disclosure
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CY2022Q4 us-gaap Other Liabilities Fair Value Disclosure
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CY2022Q4 eqr Redeemable Noncontrolling Interests Operating Partnership
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CY2023 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
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CY2023 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
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CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
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CY2022 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
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CY2021 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
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CY2023 us-gaap Unrealized Gain Loss On Interest Rate Cash Flow Hedges Pretax Accumulated Other Comprehensive Income Loss
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CY2022 us-gaap Unrealized Gain Loss On Interest Rate Cash Flow Hedges Pretax Accumulated Other Comprehensive Income Loss
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CY2023Q4 us-gaap Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
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2300000
CY2023 eqr Number Of Forward Starting Swaps Settled
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CY2023 us-gaap Proceeds From Sale And Maturity Of Trading Securities Heldforinvestment
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2500000
CY2023 us-gaap Realized Investment Gains Losses
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1600000
CY2023 us-gaap Equity Securities Without Readily Determinable Fair Value Upward Price Adjustment Annual Amount
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13500000
CY2021 us-gaap Realized Investment Gains Losses
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23400000
CY2023 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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CY2022 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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CY2021 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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CY2023 us-gaap Income Loss Attributable To Noncontrolling Interest
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CY2022 us-gaap Income Loss Attributable To Noncontrolling Interest
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CY2021 us-gaap Income Loss Attributable To Noncontrolling Interest
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CY2023 eqr Allocation Of Net Income Loss To Noncontrolling Interests Partially Owned Properties
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6340000
CY2022 eqr Allocation Of Net Income Loss To Noncontrolling Interests Partially Owned Properties
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3774000
CY2021 eqr Allocation Of Net Income Loss To Noncontrolling Interests Partially Owned Properties
AllocationOfNetIncomeLossToNoncontrollingInterestsPartiallyOwnedProperties
17964000
CY2023 us-gaap Dividends Preferred Stock
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3090000
CY2022 us-gaap Dividends Preferred Stock
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3090000
CY2021 us-gaap Dividends Preferred Stock
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3090000
CY2023 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
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773821000
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2023 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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CY2022 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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CY2021 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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CY2023 eqr Allocation Of Net Income Loss To Noncontrolling Interests Partially Owned Properties
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6340000
CY2022 eqr Allocation Of Net Income Loss To Noncontrolling Interests Partially Owned Properties
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3774000
CY2021 eqr Allocation Of Net Income Loss To Noncontrolling Interests Partially Owned Properties
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17964000
CY2023 us-gaap Dividends Preferred Stock
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CY2022 us-gaap Dividends Preferred Stock
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CY2021 us-gaap Dividends Preferred Stock
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CY2023 us-gaap Net Income Loss Available To Common Stockholders Diluted
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CY2022 us-gaap Net Income Loss Available To Common Stockholders Diluted
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CY2021 us-gaap Net Income Loss Available To Common Stockholders Diluted
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CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
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373833000
CY2023 eqr Dilutive Op Units
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11181000
CY2022 eqr Dilutive Op Units
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CY2021 eqr Dilutive Op Units
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CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
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ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0326
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ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0323
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0.0404
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0.0166
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ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.005
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ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice
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ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice
91.59
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice
67.48
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
12.67
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
12.57
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
7.96
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HistoricalVolatilityEstimationPeriod
P5Y
CY2023 eqr Individual Potential Target Award Minimum
IndividualPotentialTargetAwardMinimum
0
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IndividualPotentialTargetAwardMaximum
2
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0.50
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PercentageOfDividendPayments
0.10
CY2023 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
31815000
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EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
1848000
CY2023 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
525000
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34188000
CY2023 eqr Share Incentive Plans Dividends Incurred
ShareIncentivePlansDividendsIncurred
1793000
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
29513000
CY2022 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
1510000
CY2022 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
2793000
CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
33816000
CY2022 eqr Share Incentive Plans Dividends Incurred
ShareIncentivePlansDividendsIncurred
2159000
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
27810000
CY2021 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
1430000
CY2021 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
1038000
CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
30278000
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ShareIncentivePlansDividendsIncurred
2015000
CY2023Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
10700000
CY2023 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y4M2D
CY2023Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
3958252
CY2023 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
P4Y9M21D
CY2023Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
64.76
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
2889000
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ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
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SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P4Y1M13D
CY2023Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
63.83
CY2023Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
2889000
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
611238
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P8Y6M14D
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
69.8
CY2023Q4 eqr Market Value Of Common Shares
MarketValueOfCommonShares
61.16
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
3549325
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
60.8
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
3710888
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
58.7
CY2023 eqr Share Based Compensation Arrangement By Share Based Payment Award Value Of Common Shares That Can Be Acquired By Employee And Trustees Under Employees Share Purchase Plan
ShareBasedCompensationArrangementByShareBasedPaymentAwardValueOfCommonSharesThatCanBeAcquiredByEmployeeAndTrusteesUnderEmployeesSharePurchasePlan
100000
CY2023Q4 eqr Sharebasedcompensationarrangementbysharebasedpaymentawardnumberofsharesauthorizedafteramendment
Sharebasedcompensationarrangementbysharebasedpaymentawardnumberofsharesauthorizedafteramendment
7000000
CY2023Q4 eqr Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Purchase Under Employee Share Purchase Plan
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForPurchaseUnderEmployeeSharePurchasePlan
2418463
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Discount From Market Price Purchase Date
ShareBasedCompensationArrangementByShareBasedPaymentAwardDiscountFromMarketPricePurchaseDate
0.85
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Shares Issued In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod
68136
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Shares Issued In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod
66835
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Shares Issued In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod
70702
CY2023Q4 eqr Employee Share Purchase Plan Issuance Price Minimum
EmployeeSharePurchasePlanIssuancePriceMinimum
47.97
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EmployeeSharePurchasePlanIssuancePriceMaximum
55.11
CY2022Q4 eqr Employee Share Purchase Plan Issuance Price Minimum
EmployeeSharePurchasePlanIssuancePriceMinimum
52.33
CY2022Q4 eqr Employee Share Purchase Plan Issuance Price Maximum
EmployeeSharePurchasePlanIssuancePriceMaximum
72.51
CY2021Q4 eqr Employee Share Purchase Plan Issuance Price Minimum
EmployeeSharePurchasePlanIssuancePriceMinimum
53.13
CY2021Q4 eqr Employee Share Purchase Plan Issuance Price Maximum
EmployeeSharePurchasePlanIssuancePriceMaximum
71.04
CY2023 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
3517000
CY2022 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
4178000
CY2021 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
4265000
CY2023 eqr Maximum Eligible Compensation Percentage For Defined Contribution Plan By Employer
MaximumEligibleCompensationPercentageForDefinedContributionPlanByEmployer
0.04
CY2023 eqr Defined Contribution Plan Vesting Period
DefinedContributionPlanVestingPeriod
P5Y
CY2023 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
5200000
CY2022 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
4800000
CY2021 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
4900000
CY2014Q3 eqr Stock Registered During Period Shares Dividend Reinvestment Plan
StockRegisteredDuringPeriodSharesDividendReinvestmentPlan
4790000
CY2014Q3 eqr Stock Registered During Period Shares Dividend Reinvestment Plan
StockRegisteredDuringPeriodSharesDividendReinvestmentPlan
4790000
CY2023Q4 eqr Number Of Shares Available For Issuance
NumberOfSharesAvailableForIssuance
4619250
CY2023 us-gaap Lease Expiration Date1
LeaseExpirationDate1
2032-11-30
CY2023 us-gaap Lessee Operating Lease Option To Extend
LesseeOperatingLeaseOptionToExtend
two five-year
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TotalProjectCostsRemaining
219500000
CY2023 eqr Number Of Real Estate Investment Funds
NumberOfRealEstateInvestmentFunds
10
CY2023Q4 us-gaap Real Estate Investments
RealEstateInvestments
38800000
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RealEstateTechnologyAndOtherRealEstateInvestmentsCommitmentFunds
19200000
CY2023 eqr Number Of Deferred Compensation Agreement With Former Executive Officer
NumberOfDeferredCompensationAgreementWithFormerExecutiveOfficer
1
CY2023 us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
600000
CY2022 us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
-200000
CY2021 us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
100000
CY2023Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Next Twelve Months
DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths
840000
CY2023Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Two
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo
840000
CY2023Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Three
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree
840000
CY2023Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Four
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour
840000
CY2023Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Five
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive
840000
CY2023Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Five Fiscal Years Thereafter
DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter
3778000
CY2023Q4 eqr Defined Benefit Plan Expected Future Benefit Payments
DefinedBenefitPlanExpectedFutureBenefitPayments
7978000
CY2022Q4 eqr Number Of Customer
NumberOfCustomer
0
CY2021Q4 eqr Number Of Customer
NumberOfCustomer
0
CY2023Q4 eqr Number Of Customer
NumberOfCustomer
0
CY2023 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
2873964000
CY2022 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
2735180000
CY2021 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
2463997000
CY2023 us-gaap Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
514575000
CY2022 us-gaap Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
483865000
CY2021 us-gaap Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
453532000
CY2023 us-gaap Real Estate Taxes And Insurance
RealEstateTaxesAndInsurance
412114000
CY2022 us-gaap Real Estate Taxes And Insurance
RealEstateTaxesAndInsurance
388412000
CY2021 us-gaap Real Estate Taxes And Insurance
RealEstateTaxesAndInsurance
397105000
CY2023 us-gaap Operating Expenses
OperatingExpenses
926689000
CY2022 us-gaap Operating Expenses
OperatingExpenses
872277000
CY2021 us-gaap Operating Expenses
OperatingExpenses
850637000
CY2023 eqr Net Operating Income Loss From Rental Real Estate
NetOperatingIncomeLossFromRentalRealEstate
1947275000
CY2022 eqr Net Operating Income Loss From Rental Real Estate
NetOperatingIncomeLossFromRentalRealEstate
1862903000
CY2021 eqr Net Operating Income Loss From Rental Real Estate
NetOperatingIncomeLossFromRentalRealEstate
1613360000
CY2023 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
2873964000
CY2023 us-gaap Operating Expenses
OperatingExpenses
926689000
CY2023 eqr Net Operating Income Loss From Rental Real Estate
NetOperatingIncomeLossFromRentalRealEstate
1947275000
CY2022 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
2735180000
CY2022 us-gaap Operating Expenses
OperatingExpenses
872277000
CY2022 eqr Net Operating Income Loss From Rental Real Estate
NetOperatingIncomeLossFromRentalRealEstate
1862903000
CY2021 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
2463997000
CY2021 us-gaap Operating Expenses
OperatingExpenses
850637000
CY2021 eqr Net Operating Income Loss From Rental Real Estate
NetOperatingIncomeLossFromRentalRealEstate
1613360000
CY2022 eqr Number Of Units In Same Store Properties
NumberOfUnitsInSameStoreProperties
76297
CY2023 eqr Number Of Units In Same Store Properties
NumberOfUnitsInSameStoreProperties
76297
CY2021 eqr Number Of Units In Same Store Properties
NumberOfUnitsInSameStoreProperties
72872
CY2023Q4 us-gaap Assets
Assets
20034564000
CY2023 eqr Payments To Proceeds From Acquire Other Property Plant And Equipment
PaymentsToProceedsFromAcquireOtherPropertyPlantAndEquipment
319342000
CY2022Q4 us-gaap Assets
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20218262000
CY2022 eqr Payments To Proceeds From Acquire Other Property Plant And Equipment
PaymentsToProceedsFromAcquireOtherPropertyPlantAndEquipment
221086000
CY2022 eqr Number Of Units In Same Store Properties
NumberOfUnitsInSameStoreProperties
76297
CY2022Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
28088754000
CY2021Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
28272906000
CY2020Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
27203325000
CY2023 eqr Real Estate Acquisitions And Development
RealEstateAcquisitionsAndDevelopment
500221000
CY2022 eqr Real Estate Acquisitions And Development
RealEstateAcquisitionsAndDevelopment
214903000
CY2021 eqr Real Estate Acquisitions And Development
RealEstateAcquisitionsAndDevelopment
1912579000
CY2023 us-gaap Real Estate Improvements
RealEstateImprovements
321082000
CY2022 us-gaap Real Estate Improvements
RealEstateImprovements
225136000
CY2021 us-gaap Real Estate Improvements
RealEstateImprovements
152715000
CY2023 eqr Real Estate Dispositions And Other
RealEstateDispositionsAndOther
197419000
CY2022 eqr Real Estate Dispositions And Other
RealEstateDispositionsAndOther
624191000
CY2021 eqr Real Estate Dispositions And Other
RealEstateDispositionsAndOther
995713000
CY2023Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
28712638000
CY2022Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
28088754000
CY2021Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
28272906000
CY2022Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
9027850000
CY2021Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
8354282000
CY2020Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
7859657000
CY2023 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
888709000
CY2022 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
882168000
CY2021 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
838272000
CY2023 eqr Real Estate Accumulated Depreciation Dispositions And Other
RealEstateAccumulatedDepreciationDispositionsAndOther
106222000
CY2022 eqr Real Estate Accumulated Depreciation Dispositions And Other
RealEstateAccumulatedDepreciationDispositionsAndOther
208600000
CY2021 eqr Real Estate Accumulated Depreciation Dispositions And Other
RealEstateAccumulatedDepreciationDispositionsAndOther
343647000
CY2023Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
9810337000
CY2022Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
9027850000
CY2021Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
8354282000
CY2023Q4 eqr Land And Depreciable Property Net
LandAndDepreciablePropertyNet
12700000000

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