This excerpt taken from the EQR 10-Q filed May 8, 2008.
During the quarter ended March 31, 2008, the Company acquired the entire equity interest in the following from unaffiliated parties (purchase price in thousands):
The Company also acquired all of its partners interests in one partially owned property containing 144 units for $5.9 million and two partially owned land parcels for $1.6 million.
During the quarter ended March 31, 2008, the Company disposed of the following to unaffiliated parties (sales price in thousands):
The Company recognized a net gain on sales of discontinued operations of approximately $122.5 million on the above sales.