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EQR » Topics » Rental income from properties other than Nine-Month 2005 Same Store Properties increased by approximately $98.2

This excerpt taken from the EQR 10-Q filed Nov 7, 2005.
Rental income from properties other than Nine-Month 2005 Same Store Properties increased by approximately $98.2 million primarily as a result of new properties acquired/consolidated in 2004 and the first nine months of 2005.

 

Fee and asset management revenues, net of fee and asset management expenses, decreased by $1.8 million primarily as a result of lower income earned from Ft. Lewis.  As of September 30, 2005 and 2004, the Company managed 17,148 units and 17,714 units, respectively, for third parties and unconsolidated entities.

 

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