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EQR » Topics » The residential apartments are leased under operating leases with terms of generally one year or less. Rental income is recognizedThis excerpt taken from the EQR 8-K filed Jan 4, 2008. The residential apartments are leased under operating
leases with terms of generally one year or less. Rental income is recognized as it is earned, which is not materially different
than on a straight-line basis.
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