|
|
![]() | ![]() | ![]() | ![]() |
| |||||||||
This excerpt taken from the EQR 10-Q filed Nov 7, 2007. the estimated fair values of the net derivative
instruments at September 30, 2007,
the Company may recognize an estimated $2.4 million of accumulated other
comprehensive loss as additional interest expense during the twelve months
ending September 30, 2008.
In June 2007, the Company received approximately $2.4 million to terminate five forward starting swaps in conjunction with the issuance of $650.0 million of ten-year unsecured notes. The majority of the $2.4 million has been deferred as a component of accumulated other comprehensive loss and will be recognized as a reduction of interest expense over the life of the unsecured notes.
|
| |||||||