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EQR » Topics » Comparison of the quarter ended September 30, 2005 to the quarter ended September 30, 2004

This excerpt taken from the EQR 10-Q filed Nov 7, 2005.

Comparison of the quarter ended September 30, 2005 to the quarter ended September 30, 2004

 

For the quarter ended September 30, 2005, income before allocation to Minority Interests, income (loss) from investments in unconsolidated entities, net gain on sales of unconsolidated entities and discontinued operations decreased by approximately $1.3 million when compared to the quarter ended September 30, 2004.

 

Third Quarter 2005 Same Store Properties revenues increased primarily as a result of higher rental rates charged to residents, increased occupancy and lower concessions provided residents.  Third Quarter 2005 Same Store Properties expenses increased primarily due to higher utilities, maintenance, insurance and real estate tax costs.  The following tables provide comparative revenue, expense, NOI and weighted average occupancy for the Third Quarter 2005 Same Store Properties:

 

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"Comparison of the quarter ended September 30, 2005 to the quarter ended September 30, 2004" elsewhere:

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