EQR » Topics » (2) Interest includes only specific amounts from each property sold.

This excerpt taken from the EQR 8-K filed Dec 2, 2005.

(2)       Interest includes only specific amounts from each property sold.

 

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For the properties sold during 2004 and the first nine months of 2005 (excluding condominium conversion properties), the investment in real estate, net of accumulated depreciation, and the mortgage notes payable balances at December 31, 2003 were $931.3 million and $203.8 million, respectively.  For the properties sold during the first nine months of 2005 (excluding condominium conversion properties) the investment in real estate, net of accumulated depreciation, and the mortgage notes payable balances at December 31, 2004 were $664.2 million and $107.6 million, respectively.

 

On January 11, 2002, the Company disposed of its furniture rental business for $30.0 million in cash and received net proceeds of $28.7 million.  After giving effect to a previously recorded impairment loss, no gain/loss on sale was recognized as the net book value at the sale date approximated the sales price.

 

This excerpt taken from the EQR 8-K filed Aug 22, 2005.
Interest includes only specific amounts from each property sold.

 

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For the properties sold during 2004 and the first six months of 2005 (excluding condominium conversion properties), the investment in real estate, net of accumulated depreciation, and the mortgage notes payable balances at December 31, 2003 were $721.5 million and $168.4 million, respectively.  For the properties sold during the first six months of 2005 (excluding condominium conversion properties) the investment in real estate, net of accumulated depreciation, and the mortgage notes payable balances at December 31, 2004 were $437.7 million and $72.7 million, respectively.

 

On January 11, 2002, the Company disposed of its furniture rental business for $30.0 million in cash and received net proceeds of $28.7 million.  After giving effect to a previously recorded impairment loss, no gain/loss on sale was recognized as the net book value at the sale date approximated the sales price.

 

This excerpt taken from the EQR 10-Q filed Aug 8, 2005.

(2)       Interest includes only specific amounts from each property sold.

 

For the properties sold during the six months ended June 30, 2005 (excluding condominium conversion properties), the investment in real estate, net, and the mortgage notes payable balances at December 31, 2004 were $437.7 million and $72.7 million, respectively.

 

This excerpt taken from the EQR 10-Q filed May 9, 2005.

(2)    Interest includes only specific amounts from each property sold.

 

For the properties sold during the quarter ended March 31, 2005 (excluding condominium conversion properties), the investment in real estate, net, and the mortgage notes payable balances at December 31, 2004 were $298.2 million and $18.5 million, respectively.

 

This excerpt taken from the EQR 10-K filed Mar 14, 2005.

(2)  Interest includes only specific amounts from each property sold.

 

For the properties sold during 2004 (excluding condominium conversion properties), the investment in real estate, net of accumulated depreciation, and the mortgage notes payable balances at December 31, 2003 were $500.0 million and $94.9 million, respectively.

 

On January 11, 2002, the Company disposed of its furniture rental business for $30.0 million in cash and received net proceeds of $28.7 million.  After giving effect to a previously recorded impairment loss, no gain/loss on sale was recognized as the net book value at the sale date approximated the sales price.

 

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