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Erp Operating Ltd Partnership (931182) SEC Filing 10-K Annual Report for the fiscal year ending Saturday, December 31, 2022

Erp Operating Ltd Partnership

CIK: 931182
Document and Entity Information - USD ($)
$ in Billions
12 Months Ended
Dec. 31, 2022
Feb. 10, 2023
Jun. 30, 2022
Document Information [Line Items]   
Entity Registrant NameEQUITY RESIDENTIAL  
Entity Central Index Key0000906107  
Document Type10-K  
Document Period End DateDec. 31, 2022  
Amendment Flagfalse  
Document Fiscal Year Focus2022  
Document Fiscal Period FocusFY  
Trading SymbolEQR  
Current Fiscal Year End Date--12-31  
Entity Well-known Seasoned IssuerYes  
Entity Voluntary FilersNo  
Entity Current Reporting StatusYes  
Entity Filer CategoryLarge Accelerated Filer  
Entity Shell Companyfalse  
Entity Small Businessfalse  
Entity Emerging Growth Companyfalse  
Entity Public Float  $ 26.8
Entity Common Stock, Shares Outstanding 378,602,684 
Entity File Number1-12252  
Entity Tax Identification Number13-3675988  
Entity Address, Address Line OneTwo North Riverside Plaza  
Entity Address, City or TownChicago  
Entity Address, State or ProvinceIL  
Entity Address, Postal Zip Code60606  
City Area Code312  
Local Phone Number474-1300  
Entity Incorporation, State or Country CodeMD  
Title of 12(b) SecurityCommon Shares of Beneficial Interest, $0.01 Par Value (Equity Residential)  
Security Exchange NameNYSE  
Document Annual Reporttrue  
Document Transition Reportfalse  
Entity Interactive Data CurrentYes  
ICFR Auditor Attestation Flagtrue  
Auditor NameErnst and Young LLP  
Auditor LocationChicago, Illinois, USA  
Auditor Firm ID42  
Documents Incorporated by Reference

Part III incorporates by reference certain information that will be contained in Equity Residential’s Proxy Statement relating to its 2023 Annual Meeting of Shareholders, which Equity Residential intends to file no later than 120 days after the end of its fiscal year ended December 31, 2022, and thus these items have been omitted in accordance with General Instruction G(3) to Form 10-K. Equity Residential is the general partner and 96.8% owner of ERP Operating Limited Partnership.

  
ERPOP [Member]   
Document Information [Line Items]   
Entity Registrant NameERP OPERATING LIMITED PARTNERSHIP  
Entity Central Index Key0000931182  
Document Type10-K  
Document Period End DateDec. 31, 2022  
Amendment Flagfalse  
Document Fiscal Year Focus2022  
Document Fiscal Period FocusFY  
No Trading Symbol Flagtrue  
Current Fiscal Year End Date--12-31  
Entity Well-known Seasoned IssuerYes  
Entity Voluntary FilersNo  
Entity Current Reporting StatusYes  
Entity Filer CategoryNon-accelerated Filer  
Entity Shell Companyfalse  
Entity Small Businessfalse  
Entity Emerging Growth Companyfalse  
Entity File Number0-24920  
Entity Tax Identification Number36-3894853  
Entity Address, Address Line OneTwo North Riverside Plaza  
Entity Address, City or TownChicago  
Entity Address, State or ProvinceIL  
Entity Address, Postal Zip Code60606  
City Area Code312  
Local Phone Number474-1300  
Entity Incorporation, State or Country CodeIL  
Title of 12(b) Security7.57% Notes due August 15, 2026 (ERP Operating Limited Partnership)  
Security Exchange NameNYSE  
Document Annual Reporttrue  
Document Transition Reportfalse  
Entity Interactive Data CurrentYes  
ICFR Auditor Attestation Flagtrue  
Auditor NameErnst and Young LLP  
Auditor LocationChicago, Illinois, USA  
Auditor Firm ID42  

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Assess how Erp Operating Ltd Partnership's management team is paid from their Annual Proxy

Definitive Proxy Statement (Form DEF 14A)
Screenshot example of actual Proxy Statement

Erp Operating Ltd Partnership's Definitive Proxy Statement (Form DEF 14A) filed after their 2023 10-K Annual Report includes:

  • Voting Procedures
  • Board Members
  • Executive Team
  • Salaries, Bonuses, Perks
  • Peers / Competitors

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SEC Filing Tools

Financial Statements, Disclosures and Schedules

Inside this 10-K Annual Report

Document And Entity Information
Consolidated Balance Sheets
Consolidated Balance Sheets (Parenthetical)
Consolidated Balance Sheets Of Erp Operating Limited Partnership
Consolidated Statements Of Cash Flows
Consolidated Statements Of Cash Flows Of Erp Operating Limited Partnership
Consolidated Statements Of Changes In Capital Of Erp Operating Limited Partnership
Consolidated Statements Of Changes In Equity
Consolidated Statements Of Changes In Equity (Parenthetical)
Consolidated Statements Of Comprehensive Income
Consolidated Statements Of Comprehensive Income Of Erp Operating Limited Partnership
Consolidated Statements Of Operations
Consolidated Statements Of Operations Of Erp Operating Limited Partnership
Business
Business (Tables)
Business - Additional Information (Details)
Business - Ownership Breakdown (Details)
Commitments And Contingencies
Commitments And Contingencies (Tables)
Commitments And Contingencies - Additional Information (Details)
Commitments And Contingencies - Schedule Of Contractual Obligations (Details)
Commitments And Contingencies - Summary Of Real Estate Development Commitments (Details)
Commitments And Contingencies - Summary Of Real Estate Development Commitments (Parenthetical) (Details)
Commitments To Acquire/Dispose Of Real Estate
Commitments To Acquire/Dispose Of Real Estate (Tables)
Commitments To Acquire/Dispose Of Real Estate - Summary Of Agreement To Acquire (Details)
Commitments To Acquire/Dispose Of Real Estate - Summary Of Separate Agreements To Dispose (Details)
Debt
Debt (Tables)
Debt - Line Of Credit And Commercial Paper - Additional Information (Details)
Debt - Line Of Credit And Commercial Paper - Schedule Of Unsecured Revolving Credit Facility (Details)
Debt - Line Of Credit And Commercial Paper - Summary Of Certain Interest Rate, Maturity Days And Amount Outstanding (Details)
Debt - Mortgage Notes Payable - Additional Information (Details)
Debt - Mortgage Notes Payable - Summary Of Certain Interest Rate And Maturity Date Information (Details)
Debt - Mortgage Notes Payable - Summary Of Mortgage Notes Payable Activity (Details)
Debt - Mortgage Notes Payable - Summary Of Mortgage Notes Payable Activity (Parenthetical) (Details)
Debt - Notes - Additional Information (Details)
Debt - Notes - Summary Of Certain Interest Rate And Maturity Date Information (Details)
Debt - Notes - Summary Of Notes Activity (Details)
Debt - Notes - Summary Of Notes Activity (Parenthetical) (Details)
Debt - Other - Summary Of Debt Extinguishment Costs Recorded As Additional Interest Expense (Details)
Debt - Summary Of Aggregate Payments Of Principal On All Debt (Details)
Debt - Summary Of Aggregate Payments Of Principal On All Debt (Parenthetical) (Details)
Distribution Reinvestment Plan
Distribution Reinvestment Plan - Additional Information (Details)
Earnings Per Share And Earnings Per Unit
Earnings Per Share And Earnings Per Unit (Tables)
Earnings Per Share And Earnings Per Unit - Computation Of Net Income Per Share Basic And Net Income Per Share Diluted (Details)
Earnings Per Share And Earnings Per Unit - Computation Of Net Income Per Unit Basic And Net Income Per Unit Diluted For Operating Partnership (Details)
Employee Plans
Employee Plans (Tables)
Employee Plans - Additional Information (Details)
Employee Plans - Summary Of Information Regarding The Common Shares Issued Under The Espp (Details)
Equity, Capital And Other Interests
Equity, Capital And Other Interests (Tables)
Equity, Capital And Other Interests - Additional Information (Details)
Equity, Capital And Other Interests - Changes In Operating Partnership's Issued And Outstanding General Partner Units And Limited Partner Units (Details)
Equity, Capital And Other Interests - Changes In Redemption Value Of Redeemable Noncontrolling Interests - Operating Partnership (Details)
Equity, Capital And Other Interests - Changes In The Company's Issued And Outstanding Common Shares And Units (Details)
Equity, Capital And Other Interests - Issued And Outstanding Preferred Shares And Preference Units (Details)
Equity, Capital And Other Interests - Issued And Outstanding Preferred Shares And Preference Units (Parenthetical) (Details)
Equity, Capital And Other Interests - Other - Additional Information (Details)
Fair Value Measurements
Fair Value Measurements (Tables)
Fair Value Measurements - Additional Information (Details)
Fair Value Measurements - Summarizes Company's Consolidated Derivative Instruments (Details)
Fair Value Measurements - Summary Of Carrying And Fair Values Of Financial Instruments (Details)
Fair Value Measurements - Summary Of Effect Of Cash Flow Hedges On The Accompanying Consolidated Statements Of Operations And Comprehensive Income (Details)
Fair Value Measurements - Summary Of Fair Value Measurements For Each Major Category Of Assets And Liabilities Measured At Fair Value On Recurring Basis (Details)
Fair Value Measurements - Summary Of Valuations For Each Type Of Fair Value Measurement (Details)
Investments In Partially Owned Entities
Investments In Partially Owned Entities (Tables)
Investments In Partially Owned Entities - Summary Of Company's Consolidated Joint Ventures (Details)
Investments In Partially Owned Entities - Summary Of Company's Consolidated Joint Ventures (Parenthetical) (Details)
Investments In Partially Owned Entities - Summary Of Company's Investment In Unconsolidated Entities (Details)
Investments In Partially Owned Entities - Summary Of Company's Unconsolidated Joint Ventures Deemed To Be Vies (Details)
Investments In Partially Owned Entities - Summary Of Consolidated Assets And Liabilities Related To The Vies (Details)
Investments In Partially Owned Entities - Summary Of Information On Total Unconsolidated Development Joint Ventures (Details)
Investments In Partially Owned Entities - Summary Of Variable Rate Construction Mortgage Debt (Details)
Leases
Leases (Tables)
Leases - Additional Information (Details)
Leases - Summary Of Lease Income Types Relating To Lease Payments Along With The Total Other Rental Income (Details)
Leases - Summary Of Quantitative Disclosures For Lessees (Details)
Leases - Summary Of Reconciliation Of Lease Liabilities (Details)
Leases - Summary Of Residential And Non-Residential Accounts Receivable And Straight-Line Receivable Balances (Details)
Leases - Summary Of Residential Bad Debt For Company's Properties (Details)
Leases - Summary Of Residential Bad Debt For Company's Properties (Parenthetical) (Details)
Leases - Summary Of Right-Of-Use Assets And Related Lease Liabilities (Details)
Leases - Summary Of Undiscounted Cash Flows For Contractual Obligations For Minimum Rent Payments/Receipts (Details)
Real Estate
Real Estate (Tables)
Real Estate - Acquired Properties From Unaffiliated Parties (Details)
Real Estate - Acquired Properties From Unaffiliated Parties (Parenthetical) (Details)
Real Estate - Additional Information (Details)
Real Estate - Disposed Properties To Unaffiliated Parties (Details)
Real Estate - Summary Of Carrying Amounts Of Investment In Real Estate (Details)
Reportable Segments
Reportable Segments (Tables)
Reportable Segments - Additional Information (Details)
Reportable Segments - Noi From Our Rental Real Estate For Each Segment Specific To Continuing Operations (Details)
Reportable Segments - Noi From Our Rental Real Estate For Each Segment Specific To Continuing Operations (Parenthetical) (Details)
Reportable Segments - Reconciliation Of Noi From Rental Real Estate Specific To Continuing Operations (Details)
Restricted Deposits
Restricted Deposits (Tables)
Restricted Deposits - Restricted Deposits (Details)
Schedule Iii - Real Estate And Accumulated Depreciation
Schedule Iii - Real Estate And Accumulated Depreciation (Details)
Schedule Iii - Real Estate And Accumulated Depreciation (Parenthetical) (Details)
Schedule Iii - Real Estate And Accumulated Depreciation - Summary Of Changes In Accumulated Depreciation (Details)
Schedule Iii - Real Estate And Accumulated Depreciation - Summary Of Changes In Real Estate (Details)
Schedule Iii - Real Estate And Accumulated Depreciation-Encumbrances Reconciliation (Details)
Schedule Iii - Real Estate And Accumulated Depreciation-Overall Summary (Details)
Share Incentive Plans
Share Incentive Plans (Tables)
Share Incentive Plans - Additional Information (Details)
Share Incentive Plans - Award Activity Of Stock Options, Restricted Shares And Restricted Units (Details)
Share Incentive Plans - Award Activity Of The Share Incentive Plans (Details)
Share Incentive Plans - Information Regarding Options Outstanding And Exercisable (Details)
Share Incentive Plans - Information Regarding Options Outstanding And Exercisable (Parenthetical) (Details)
Share Incentive Plans - Schedule Of Compensation Cost For Share-Based Payment Arrangements, Allocation Of Share-Based Compensation Costs By Plan (Details)
Share Incentive Plans - Summary Of Terms Of Awards Generally Granted To Employees (Details)
Share Incentive Plans - Summary Of Terms Of Each Retirement Eligibility Category (Details)
Share Incentive Plans - Summary Of Valuation Method Of Share Options (Details)
Share Incentive Plans - Summary Of Valuation Method Of Share Options (Parenthetical) (Details)
Share Incentive Plans - Summary Of Weighted Average Fair Value For Each Restricted Share/Unit (Details)
Subsequent Events
Summary Of Significant Accounting Policies
Summary Of Significant Accounting Policies (Policies)
Summary Of Significant Accounting Policies (Tables)
Summary Of Significant Accounting Policies - Additional Information (Details)
Summary Of Significant Accounting Policies Tax (Details)
Summary Of Significant Accounting Policies Tax (Parenthetical) (Details)
Transactions With Related Parties
Transactions With Related Parties - Additional Information (Details)
CIK: 931182
Form Type: 10-K Annual Report
Accession Number: 0000950170-23-003060
Submitted to the SEC: Thu Feb 16 2023 4:24:34 PM EST
Accepted by the SEC: Thu Feb 16 2023
Period: Saturday, December 31, 2022
Industry: Real Estate Investment Trusts

External Resources:
SEC.gov

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