2019 Q2 Form 10-Q Financial Statement

#000092052219000041 Filed on July 25, 2019

View on sec.gov

Income Statement

Concept 2019 Q2 2018 Q2
Revenue $361.6M $348.7M
YoY Change 3.7% 2.85%
Cost Of Revenue $95.40M $94.10M
YoY Change 1.38% -4.27%
Gross Profit $266.2M $254.6M
YoY Change 4.56% 5.73%
Gross Profit Margin 73.61% 73.01%
Selling, General & Admin $22.10M $18.90M
YoY Change 16.93% 83.5%
% of Gross Profit 8.3% 7.42%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $119.5M $119.3M
YoY Change 0.11% 1.18%
% of Gross Profit 44.88% 46.87%
Operating Expenses $141.6M $138.3M
YoY Change 2.39% 7.88%
Operating Profit $124.6M $138.5M
YoY Change -10.08% 23.4%
Interest Expense $54.11M $56.28M
YoY Change -3.85% -0.94%
% of Operating Profit 43.44% 40.63%
Other Income/Expense, Net
YoY Change
Pretax Income $98.10M $106.4M
YoY Change -7.8% 40.37%
Income Tax
% Of Pretax Income
Net Earnings $98.06M $106.4M
YoY Change -7.85% 50.38%
Net Earnings / Revenue 27.12% 30.51%
Basic Earnings Per Share $1.40 $1.52
Diluted Earnings Per Share $1.40 $1.52
COMMON SHARES
Basic Shares Outstanding 65.72M shares 66.05M shares
Diluted Shares Outstanding 65.82M shares 66.10M shares

Balance Sheet

Concept 2019 Q2 2018 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $253.6M $368.1M
YoY Change -31.1% 9.59%
Cash & Equivalents $38.17M $160.9M
Short-Term Investments $215.4M $207.2M
Other Short-Term Assets $46.00M $56.00M
YoY Change -17.86% 12.0%
Inventory $542.0M $344.0M
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $639.0M $572.0M
YoY Change 11.71% 11.72%
LONG-TERM ASSETS
Property, Plant & Equipment $10.42B $10.41B
YoY Change 0.04% -2.89%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $1.540B $1.499B
YoY Change 2.74% 21.57%
Other Assets $17.00M $17.00M
YoY Change 0.0% 6.25%
Total Long-Term Assets $12.03B $11.98B
YoY Change 0.4% -0.24%
TOTAL ASSETS
Total Short-Term Assets $639.0M $572.0M
Total Long-Term Assets $12.03B $11.98B
Total Assets $12.67B $12.56B
YoY Change 0.92% 0.25%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $140.0M $133.0M
YoY Change 5.26% -4.32%
Accrued Expenses $78.00M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $412.0M $320.0M
YoY Change 28.75% 3.9%
LONG-TERM LIABILITIES
Long-Term Debt $5.841B $5.691B
YoY Change 2.64% 0.49%
Other Long-Term Liabilities $35.00M $33.00M
YoY Change 6.06% -52.86%
Total Long-Term Liabilities $5.876B $5.724B
YoY Change 2.66% -0.16%
TOTAL LIABILITIES
Total Short-Term Liabilities $412.0M $320.0M
Total Long-Term Liabilities $5.876B $5.724B
Total Liabilities $6.289B $6.045B
YoY Change 4.04% 0.05%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $7.000K $7.000K
YoY Change 0.0% 16.67%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $6.155B $6.354B
YoY Change
Total Liabilities & Shareholders Equity $12.67B $12.56B
YoY Change 0.92% 0.25%

Cashflow Statement

Concept 2019 Q2 2018 Q2
OPERATING ACTIVITIES
Net Income $98.06M $106.4M
YoY Change -7.85% 50.38%
Depreciation, Depletion And Amortization $119.5M $119.3M
YoY Change 0.11% 1.18%
Cash From Operating Activities $174.0M $155.1M
YoY Change 12.19% 4.02%
INVESTING ACTIVITIES
Capital Expenditures -$90.90M -$76.30M
YoY Change 19.13% 27.81%
Acquisitions
YoY Change
Other Investing Activities -$21.30M $116.3M
YoY Change -118.31% 77.83%
Cash From Investing Activities -$112.3M $40.00M
YoY Change -380.75% 601.75%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -131.0M -156.7M
YoY Change -16.4% -556.85%
NET CHANGE
Cash From Operating Activities 174.0M 155.1M
Cash From Investing Activities -112.3M 40.00M
Cash From Financing Activities -131.0M -156.7M
Net Change In Cash -69.30M 38.40M
YoY Change -280.47% -79.69%
FREE CASH FLOW
Cash From Operating Activities $174.0M $155.1M
Capital Expenditures -$90.90M -$76.30M
Free Cash Flow $264.9M $231.4M
YoY Change 14.48% 10.82%

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65000 USD
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us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
65710842 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
66045897 shares
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.40
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.52
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.21
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.90
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WeightedAverageNumberOfDilutedSharesOutstanding
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CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
66096349 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
65802417 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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105000 USD
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3500000 USD
CY2019Q2 us-gaap Minority Interest Change In Redemption Value
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339000 USD
CY2019Q2 us-gaap Noncontrolling Interest Increase From Business Combination
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65472000 USD
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1966000 USD
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us-gaap Profit Loss
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32000 USD
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228000 USD
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6100000 USD
us-gaap Treasury Stock Retired Par Value Method Amount
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56989000 USD
us-gaap Minority Interest Change In Redemption Value
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us-gaap Noncontrolling Interest Increase From Business Combination
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65472000 USD
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14108000 USD
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14179000 USD
us-gaap Dividends Common Stock
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CY2019Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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6345116000 USD
CY2018Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2018Q2 us-gaap Profit Loss
ProfitLoss
106410000 USD
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3402000 USD
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4284000 USD
CY2018Q2 us-gaap Minority Interest Change In Redemption Value
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57000 USD
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us-gaap Profit Loss
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us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
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us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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1864000 USD
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us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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6814000 USD
us-gaap Treasury Stock Retired Par Value Method Amount
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us-gaap Minority Interest Change In Redemption Value
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RedemptionsOfNoncontrollingInterest
57000 USD
us-gaap Dividends Common Stock
DividendsCommonStock
245710000 USD
CY2018Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6474683000 USD
us-gaap Profit Loss
ProfitLoss
223566000 USD
us-gaap Profit Loss
ProfitLoss
203049000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
240033000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
238435000 USD
us-gaap Investment Income Amortization Of Discount
InvestmentIncomeAmortizationOfDiscount
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us-gaap Investment Income Amortization Of Discount
InvestmentIncomeAmortizationOfDiscount
8469000 USD
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
1726000 USD
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
-1352000 USD
us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
498000 USD
us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
549000 USD
us-gaap Equity Securities Fv Ni Unrealized Loss
EquitySecuritiesFvNiUnrealizedLoss
-4454000 USD
us-gaap Equity Securities Fv Ni Unrealized Loss
EquitySecuritiesFvNiUnrealizedLoss
754000 USD
us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
870000 USD
us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
0 USD
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GainLossFromEquityMethodInvestments
32365000 USD
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GainLossFromEquityMethodInvestments
47823000 USD
us-gaap Equity Method Investment Dividends Or Distributions
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38699000 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
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2896000 USD
us-gaap Increase Decrease In Other Receivables
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2633000 USD
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0 USD
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CompanysShareOfGainOnSalesOfRealEstate
22244000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
5321000 USD
us-gaap Share Based Compensation
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5906000 USD
us-gaap Gains Losses On Extinguishment Of Debt
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1668000 USD
us-gaap Gains Losses On Extinguishment Of Debt
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0 USD
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GainOnRemeasurementOfCoInvestment
31535000 USD
ess Gain On Remeasurement Of Co Investment
GainOnRemeasurementOfCoInvestment
0 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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7925000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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6078000 USD
us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
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12486000 USD
us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
2839000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
1082000 USD
us-gaap Increase Decrease In Other Operating Liabilities
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579000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
429833000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
423521000 USD
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
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us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
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ess Redevelopment Expenditures
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30804000 USD
ess Redevelopment Expenditures
RedevelopmentExpenditures
36466000 USD
us-gaap Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
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us-gaap Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
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RevenueGeneratingCapitalExpenditures
41927000 USD
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RevenueGeneratingCapitalExpenditures
30975000 USD
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ProceedsFromSaleAndCollectionOfReceivables
2500000 USD
us-gaap Proceeds From Sale And Collection Of Receivables
ProceedsFromSaleAndCollectionOfReceivables
29500000 USD
us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
2698000 USD
us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
917000 USD
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
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0 USD
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
130730000 USD
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167278000 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
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IncreaseDecreaseInRestrictedCashAndInvestmentsForOperatingActivities
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us-gaap Increase Decrease In Restricted Cash And Investments For Operating Activities
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3785000 USD
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
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us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
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us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
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38696000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
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us-gaap Proceeds From Issuance Of Long Term Debt
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us-gaap Repayments Of Long Term Debt
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us-gaap Proceeds From Lines Of Credit
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us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
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RepaymentsOfLinesOfCredit
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us-gaap Repayments Of Lines Of Credit
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us-gaap Payments For Repurchase Of Common Stock
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us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
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us-gaap Payment Of Financing And Stock Issuance Costs
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5873000 USD
us-gaap Payment Of Financing And Stock Issuance Costs
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us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
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us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
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us-gaap Payments Of Distributions To Affiliates
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13842000 USD
us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
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us-gaap Payments To Minority Shareholders
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14179000 USD
us-gaap Payments To Minority Shareholders
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57000 USD
us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
73000 USD
us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
43000 USD
us-gaap Payments Of Ordinary Dividends
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us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
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NetCashProvidedByUsedInFinancingActivities
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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116450000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
151395000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
54971000 USD
CY2018Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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us-gaap Interest Paid Net
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us-gaap Interest Paid Net
InterestPaidNet
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us-gaap Operating Lease Payments
OperatingLeasePayments
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us-gaap Stock Issued1
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138000 USD
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98318000 USD
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TransferFromRealEstateUnderDevelopmentToCoInvestments
240000 USD
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640000 USD
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1428000 USD
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1845000 USD
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0 USD
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4751000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
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0 USD
us-gaap Limited Liability Company Llc Or Limited Partnership Lp Managing Member Or General Partner Ownership Interest
LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest
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CY2019Q2 ess Number Of Apartment Communities Owned
NumberOfApartmentCommunitiesOwned
246 community
CY2019Q2 ess Aggregate Apartment Units Owned
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59962 apartment
CY2019Q2 ess Ownership Interests Number Of Commercial Buildings
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1 building
CY2019Q2 ess Ownership Interests Number Of Active Development Projects
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2235000 USD
CY2019Q2 us-gaap Marketable Securities
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211960000 USD
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600000 USD
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us-gaap Proceeds From Sale And Maturity Of Marketable Securities
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us-gaap Proceeds From Sale And Maturity Of Marketable Securities
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19000000.0 USD
us-gaap Marketable Securities Realized Gain Loss
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500000 USD
CY2019Q2 ess Number Of Downreit Limited Partnerships Consolidated By Company
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17 partnership
CY2019Q2 ess Number Of Communities Within Downreit Partnerships
NumberOfCommunitiesWithinDownreitPartnerships
9 community
CY2019Q2 ess Variable Interest Entity Number Of Consolidated Coinvestments Determined To Be Variable Interest Entities
VariableInterestEntityNumberOfConsolidatedCoinvestmentsDeterminedToBeVariableInterestEntities
7 investment
CY2018Q4 ess Number Of Downreit Limited Partnerships Consolidated By Company
NumberOfDownreitLimitedPartnershipsConsolidatedByCompany
16 partnership
CY2018Q4 ess Number Of Communities Within Downreit Partnerships
NumberOfCommunitiesWithinDownreitPartnerships
8 community
CY2018Q4 ess Variable Interest Entity Number Of Consolidated Coinvestments Determined To Be Variable Interest Entities
VariableInterestEntityNumberOfConsolidatedCoinvestmentsDeterminedToBeVariableInterestEntities
8 investment
CY2019Q2 ess Assets Related To Variable Interest Entities Net Intercompany Eliminations
AssetsRelatedToVariableInterestEntitiesNetIntercompanyEliminations
1000000000.0 USD
CY2019Q2 ess Liabilities Related To Variable Interest Entities Net Of Intercompany Eliminations
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369100000 USD
CY2018Q4 ess Assets Related To Variable Interest Entities Net Intercompany Eliminations
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849800000 USD
CY2018Q4 ess Liabilities Related To Variable Interest Entities Net Of Intercompany Eliminations
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261700000 USD
CY2019Q2 us-gaap Noncontrolling Interest In Variable Interest Entity
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CY2018Q4 us-gaap Noncontrolling Interest In Variable Interest Entity
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CY2019Q2 ess Fixed Rate Debt Carrying Amount
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5100000000 USD
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FixedRateDebtCarryingAmount
5000000000.0 USD
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5300000000 USD
CY2018Q4 ess Fixed Rate Debt Fair Value
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5000000000.0 USD
CY2019Q2 ess Variable Rate Debt Carrying Amount
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VariableRateDebtCarryingAmount
619600000 USD
CY2019Q2 ess Variable Rate Debt Fair Value
VariableRateDebtFairValue
731300000 USD
CY2018Q4 ess Variable Rate Debt Fair Value
VariableRateDebtFairValue
615200000 USD
CY2019Q2 us-gaap Mortgage Backed Securities Available For Sale Fair Value Disclosure
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140100000 USD
CY2018Q4 us-gaap Mortgage Backed Securities Available For Sale Fair Value Disclosure
MortgageBackedSecuritiesAvailableForSaleFairValueDisclosure
129500000 USD
CY2019Q2 ess Capitalized Internal Costs Related To Development And Redevelopment Projects
CapitalizedInternalCostsRelatedToDevelopmentAndRedevelopmentProjects
4000000.0 USD
CY2018Q2 ess Capitalized Internal Costs Related To Development And Redevelopment Projects
CapitalizedInternalCostsRelatedToDevelopmentAndRedevelopmentProjects
4500000 USD
ess Capitalized Internal Costs Related To Development And Redevelopment Projects
CapitalizedInternalCostsRelatedToDevelopmentAndRedevelopmentProjects
8800000 USD
ess Capitalized Internal Costs Related To Development And Redevelopment Projects
CapitalizedInternalCostsRelatedToDevelopmentAndRedevelopmentProjects
9500000 USD
CY2019Q2 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
36800000 USD
CY2018Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
35500000 USD
CY2018Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
35475000 USD
ess Noncontrolling Interest Reset Of Prior Year Redemptions
NoncontrollingInterestResetOfPriorYearRedemptions
1428000 USD
us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
73000 USD
CY2019Q2 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
36830000 USD
CY2019Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
38168000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
134465000 USD
CY2018Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
160902000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
44620000 USD
CY2019Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
16803000 USD
CY2018Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
16930000 USD
CY2018Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
16674000 USD
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
16506000 USD
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
54971000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
151395000 USD
CY2018Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
177576000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
61126000 USD
us-gaap Use Of Estimates
UseOfEstimates
<div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Accounting Estimates</span></div><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The preparation of condensed consolidated financial statements, in accordance with U.S. GAAP, requires the Company to make estimates and judgments that affect the reported amounts of assets, liabilities, revenues and expenses, and related disclosures of contingent assets and liabilities. On an on-going basis, the Company evaluates its estimates, including those related to acquiring, developing and assessing the carrying values of its real estate portfolio, its investments in and advances to joint ventures and affiliates, its notes receivables, and its qualification as a real estate investment trust ("REIT"). The Company bases its estimates on historical experience, current market conditions, and on various other assumptions that are believed to be reasonable under the circumstances. Actual results may vary from those estimates and those estimates could be different under different assumptions or conditions.</span></div>
CY2019Q1 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
86000000.0 USD
CY2019Q1 ess Gain On Remeasurement Of Co Investment
GainOnRemeasurementOfCoInvestment
31500000 USD
CY2019Q1 ess Preferred Equity Method Investment Promote Interest Earned
PreferredEquityMethodInvestmentPromoteInterestEarned
800000 USD
CY2019Q1 ess Proceeds From Full Redemption Of Preferred Equity Investment
ProceedsFromFullRedemptionOfPreferredEquityInvestment
10900000 USD
CY2019Q1 ess Preferred Equity Investment Early Redemption Fee
PreferredEquityInvestmentEarlyRedemptionFee
100000 USD
CY2019Q1 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
234061 shares
CY2019Q1 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
57000000.0 USD
CY2019Q1 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
250000000.0 USD
CY2019Q2 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
250000000.0 USD
CY2019Q1 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
290000000.0 USD
CY2019Q1 us-gaap Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
0.0557
CY2019Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
1400000 USD
CY2019Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
361635000 USD
CY2018Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
348723000 USD
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
717858000 USD
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
695978000 USD
CY2019Q2 ess Real Estate Operations Occupancy Threshold For Classification As Stabilized
RealEstateOperationsOccupancyThresholdForClassificationAsStabilized
0.95
CY2019Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
4800000 USD
CY2018Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
6200000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
1400000 USD
CY2019Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
4800000 USD
CY2019Q2 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.19
CY2019Q2 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.31
CY2019Q2 ess Investments In Distributions In Excess Of Investments In And Advance To Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInDistributionsInExcessOfInvestmentsInAndAdvanceToAffiliatesSubsidiariesAssociatesAndJointVentures
1324081000 USD
CY2018Q4 ess Investments In Distributions In Excess Of Investments In And Advance To Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInDistributionsInExcessOfInvestmentsInAndAdvanceToAffiliatesSubsidiariesAssociatesAndJointVentures
1300140000 USD
CY2019Q2 us-gaap Notes Receivable Net
NotesReceivableNet
74416000 USD
CY2018Q4 us-gaap Notes Receivable Net
NotesReceivableNet
71895000 USD
CY2019Q2 ess Management And Other Fees From Affiliates
ManagementAndOtherFeesFromAffiliates
3500000 USD
CY2018Q2 ess Management And Other Fees From Affiliates
ManagementAndOtherFeesFromAffiliates
3200000 USD
ess Management And Other Fees From Affiliates
ManagementAndOtherFeesFromAffiliates
6900000 USD
ess Management And Other Fees From Affiliates
ManagementAndOtherFeesFromAffiliates
6400000 USD
CY2019Q2 ess Related Party Transaction Revenuesfrom Developmentand Redevelopment Fees
RelatedPartyTransactionRevenuesfromDevelopmentandRedevelopmentFees
1300000 USD
CY2018Q2 ess Related Party Transaction Revenuesfrom Developmentand Redevelopment Fees
RelatedPartyTransactionRevenuesfromDevelopmentandRedevelopmentFees
1000000.0 USD
ess Related Party Transaction Revenuesfrom Developmentand Redevelopment Fees
RelatedPartyTransactionRevenuesfromDevelopmentandRedevelopmentFees
2400000 USD
ess Related Party Transaction Revenuesfrom Developmentand Redevelopment Fees
RelatedPartyTransactionRevenuesfromDevelopmentandRedevelopmentFees
1900000 USD
CY2019Q2 us-gaap Bridge Loan
BridgeLoan
4000000.0 USD
CY2018Q4 us-gaap Bridge Loan
BridgeLoan
4500000 USD
CY2019Q2 us-gaap Unsecured Debt
UnsecuredDebt
4294312000 USD
CY2018Q4 us-gaap Unsecured Debt
UnsecuredDebt
3799316000 USD
CY2019Q2 ess Unsecured Debt And Line Of Credit
UnsecuredDebtAndLineOfCredit
5841251000 USD
CY2018Q4 ess Unsecured Debt And Line Of Credit
UnsecuredDebtAndLineOfCredit
5605942000 USD
ess Line Of Credit Facility Number Of Lines Of Credit
LineOfCreditFacilityNumberOfLinesOfCredit
2 instrument
CY2019Q2 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
118081000 USD
CY2019Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
695580000 USD
CY2019Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
545537000 USD
CY2019Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
693188000 USD
CY2019Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
602945000 USD
CY2019Q2 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
3090767000 USD
CY2019Q2 us-gaap Long Term Debt
LongTermDebt
5746098000 USD
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segment
CY2019Q2 ess Net Operating Income From Segments
NetOperatingIncomeFromSegments
263928000 USD
CY2018Q2 ess Net Operating Income From Segments
NetOperatingIncomeFromSegments
252380000 USD
ess Net Operating Income From Segments
NetOperatingIncomeFromSegments
519500000 USD
ess Net Operating Income From Segments
NetOperatingIncomeFromSegments
502364000 USD
CY2019Q2 ess Corporate Property Management Expenses
CorporatePropertyManagementExpenses
8212000 USD
CY2018Q2 ess Corporate Property Management Expenses
CorporatePropertyManagementExpenses
7782000 USD
ess Corporate Property Management Expenses
CorporatePropertyManagementExpenses
16365000 USD
ess Corporate Property Management Expenses
CorporatePropertyManagementExpenses
15552000 USD
CY2019Q2 us-gaap Depreciation
Depreciation
119465000 USD
CY2018Q2 us-gaap Depreciation
Depreciation
119330000 USD
us-gaap Depreciation
Depreciation
240033000 USD
us-gaap Depreciation
Depreciation
238435000 USD
CY2019Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
13927000 USD
CY2018Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
11125000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
27386000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
25938000 USD
CY2019Q2 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
24000 USD
CY2018Q2 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
68000 USD
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
56000 USD
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
125000 USD
CY2019Q2 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
0 USD
CY2018Q2 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
22244000 USD
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
0 USD
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
22244000 USD
CY2019Q2 us-gaap Interest Expense
InterestExpense
54112000 USD
us-gaap Derivative Gain On Derivative
DerivativeGainOnDerivative
4020000 USD
us-gaap Derivative Gain On Derivative
DerivativeGainOnDerivative
4498000 USD
CY2018Q2 us-gaap Interest Expense
InterestExpense
56278000 USD
us-gaap Interest Expense
InterestExpense
107755000 USD
us-gaap Interest Expense
InterestExpense
111139000 USD
CY2019Q2 us-gaap Derivative Gain On Derivative
DerivativeGainOnDerivative
1975000 USD
CY2018Q2 us-gaap Derivative Gain On Derivative
DerivativeGainOnDerivative
2228000 USD
CY2019Q2 us-gaap Interest And Other Income
InterestAndOtherIncome
8347000 USD
CY2018Q2 us-gaap Interest And Other Income
InterestAndOtherIncome
6895000 USD
us-gaap Interest And Other Income
InterestAndOtherIncome
20608000 USD
us-gaap Interest And Other Income
InterestAndOtherIncome
12804000 USD
CY2019Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
16959000 USD
CY2018Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
15049000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
33235000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
47823000 USD
CY2019Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
332000 USD
CY2018Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
1668000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2019Q2 ess Gain On Remeasurement Of Co Investment
GainOnRemeasurementOfCoInvestment
0 USD
CY2018Q2 ess Gain On Remeasurement Of Co Investment
GainOnRemeasurementOfCoInvestment
0 USD
ess Gain On Remeasurement Of Co Investment
GainOnRemeasurementOfCoInvestment
31535000 USD
ess Gain On Remeasurement Of Co Investment
GainOnRemeasurementOfCoInvestment
0 USD
CY2019Q2 us-gaap Profit Loss
ProfitLoss
98061000 USD
CY2018Q2 us-gaap Profit Loss
ProfitLoss
106410000 USD
us-gaap Profit Loss
ProfitLoss
223566000 USD
us-gaap Profit Loss
ProfitLoss
203049000 USD
CY2019Q2 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
10338298000 USD
CY2018Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
10156553000 USD
CY2019Q2 us-gaap Development In Process
DevelopmentInProcess
542207000 USD
CY2018Q4 us-gaap Development In Process
DevelopmentInProcess
454629000 USD
CY2019Q2 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
1324081000 USD
CY2018Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
1300140000 USD
CY2019Q2 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
54971000 USD
CY2018Q4 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
151395000 USD
CY2019Q2 us-gaap Marketable Securities
MarketableSecurities
215434000 USD
CY2018Q4 us-gaap Marketable Securities
MarketableSecurities
209545000 USD
CY2019Q2 us-gaap Notes Receivable Net
NotesReceivableNet
74416000 USD
CY2018Q4 us-gaap Notes Receivable Net
NotesReceivableNet
71895000 USD
CY2019Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
76205000 USD
CY2018Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
0 USD
CY2019Q2 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
45533000 USD
CY2018Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
39439000 USD
CY2019Q2 us-gaap Assets
Assets
12671145000 USD
CY2018Q4 us-gaap Assets
Assets
12383596000 USD
CY2019Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
92275000 USD
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
65718806 shares
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.40
CY2018Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
100440000 USD
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
66047751 shares
CY2018Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.52
CY2019Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
103009 shares
CY2018Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
48598 shares
CY2019Q2 ess Income From Continuing Operations Available To Common Stockholders1
IncomeFromContinuingOperationsAvailableToCommonStockholders1
92275000 USD
CY2019Q2 ess Adjusted Income From Continuing Operations Available To Common Stockholders
AdjustedIncomeFromContinuingOperationsAvailableToCommonStockholders
65821815 shares
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.40
CY2018Q2 ess Income From Continuing Operations Available To Common Stockholders1
IncomeFromContinuingOperationsAvailableToCommonStockholders1
100440000 USD
CY2018Q2 ess Adjusted Income From Continuing Operations Available To Common Stockholders
AdjustedIncomeFromContinuingOperationsAvailableToCommonStockholders
66096349 shares
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.52
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
211133000 USD
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
65710842 shares
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.21
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
191358000 USD
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
66045897 shares
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.90
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
91575 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
42906 shares
ess Income From Continuing Operations Available To Common Stockholders1
IncomeFromContinuingOperationsAvailableToCommonStockholders1
211133000 USD
ess Adjusted Income From Continuing Operations Available To Common Stockholders
AdjustedIncomeFromContinuingOperationsAvailableToCommonStockholders
65802417 shares
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.21
ess Income From Continuing Operations Available To Common Stockholders1
IncomeFromContinuingOperationsAvailableToCommonStockholders1
191358000 USD
ess Adjusted Income From Continuing Operations Available To Common Stockholders
AdjustedIncomeFromContinuingOperationsAvailableToCommonStockholders
66088803 shares
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.90
CY2019Q2 us-gaap Derivative Gain On Derivative
DerivativeGainOnDerivative
2000000.0 USD
CY2018Q2 us-gaap Derivative Gain On Derivative
DerivativeGainOnDerivative
2200000 USD
us-gaap Derivative Gain On Derivative
DerivativeGainOnDerivative
4000000.0 USD
us-gaap Derivative Gain On Derivative
DerivativeGainOnDerivative
4500000 USD
CY2019Q2 ess Lessor Operating Lease Number Of Commercial Buildings Under Lease Agreements
LessorOperatingLeaseNumberOfCommercialBuildingsUnderLeaseAgreements
1 building
CY2019Q2 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
511596000 USD
CY2019Q2 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
232775000 USD
CY2019Q2 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
14872000 USD
CY2019Q2 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
13650000 USD
CY2019Q2 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
12614000 USD
CY2019Q2 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
34218000 USD
CY2019Q2 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
819725000 USD
CY2018Q4 ess Lessor Operating Lease Number Of Commercial Buildings Under Lease Agreements
LessorOperatingLeaseNumberOfCommercialBuildingsUnderLeaseAgreements
1 building
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable Current
OperatingLeasesFutureMinimumPaymentsReceivableCurrent
16386000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
15842000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
14412000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
13324000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
12181000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
33034000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
105179000 USD
ess Lessee Operating Lease Office Lease Renewal Term
LesseeOperatingLeaseOfficeLeaseRenewalTerm
P5Y
CY2019Q2 ess Lease Right Of Use Asset
LeaseRightOfUseAsset
76205000 USD
CY2019Q2 ess Lease Liability
LeaseLiability
78226000 USD
CY2019Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
1687000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
3373000 USD
CY2019Q2 us-gaap Variable Lease Cost
VariableLeaseCost
371000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
513000 USD
CY2019Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
152000 USD
us-gaap Short Term Lease Cost
ShortTermLeaseCost
284000 USD
CY2019Q2 us-gaap Sublease Income
SubleaseIncome
110000 USD
us-gaap Sublease Income
SubleaseIncome
217000 USD
CY2019Q2 us-gaap Lease Cost
LeaseCost
2100000 USD
us-gaap Lease Cost
LeaseCost
3953000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
3419000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
6855000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
6877000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
6888000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
6860000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
153258000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
184157000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
105931000 USD
CY2019Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
78226000 USD
CY2019Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P39Y
CY2019Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0498
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
6811000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
6855000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
6877000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
6888000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
6860000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
153258000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
187549000 USD

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0000920522-19-000041.txt Edgar Link pending
0000920522-19-000041-xbrl.zip Edgar Link pending
ess-20190630.xsd Edgar Link pending
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