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EQUITY RESIDENTIAL (EQR)
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EQR » Topics » During the quarter ended March 31, 2007, the Company acquired the following from unaffiliated parties (purchase price in thousands):

This excerpt taken from the EQR 10-Q filed May 9, 2007.

During the quarter ended March 31, 2007, the Company acquired the following from unaffiliated parties (purchase price in thousands):

 

Properties

 

Units

 

Purchase
Price

 

Rental Properties

 

13

 

3,899

 

$

674,156

 

Land Parcels (three)

 

—

 

—

 

42,450

 

 

 

13

 

3,899

 

$

716,606

 

 

During the quarter ended March 31, 2007, the Company disposed of the following to unaffiliated parties (sales price in thousands):

 

Properties

 

Units

 

Sales Price

 

Rental Properties

 

12

 

3,711

 

$

253,930

 

Condominium Units

 

2

 

157

 

37,280

 

 

 

14

 

3,868

 

$

291,210

 

 

The Company recognized a net gain on sales of discontinued operations of approximately $111.8 million on the above sales.

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