2019 Q4 Form 10-K Financial Statement

#000092052220000026 Filed on February 20, 2020

View on sec.gov

Income Statement

Concept 2019 Q4 2019 Q3 2019 Q2
Revenue $375.4M $366.9M $361.6M
YoY Change 6.29% 4.56% 3.7%
Cost Of Revenue $101.5M $102.5M $95.40M
YoY Change 3.05% 4.81% 1.38%
Gross Profit $273.9M $264.5M $266.2M
YoY Change 7.54% 4.5% 4.56%
Gross Profit Margin 72.96% 72.08% 73.61%
Selling, General & Admin $23.80M $19.60M $22.10M
YoY Change -3.64% 6.52% 16.93%
% of Gross Profit 8.69% 7.41% 8.3%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $123.0M $120.8M $119.5M
YoY Change 1.99% -0.04% 0.11%
% of Gross Profit 44.91% 45.67% 44.88%
Operating Expenses $146.7M $140.4M $141.6M
YoY Change 1.03% 0.86% 2.39%
Operating Profit $127.2M $124.0M $124.6M
YoY Change 16.16% 8.9% -10.08%
Interest Expense $21.80M $54.90M $54.11M
YoY Change -184.5% -0.54% -3.85%
% of Operating Profit 17.14% 44.26% 43.44%
Other Income/Expense, Net $0.00 -$1.500M
YoY Change
Pretax Income $135.2M $105.7M $98.10M
YoY Change 8.68% 22.76% -7.8%
Income Tax
% Of Pretax Income
Net Earnings $135.2M $105.7M $98.06M
YoY Change 8.63% 22.75% -7.85%
Net Earnings / Revenue 36.01% 28.81% 27.12%
Basic Earnings Per Share $1.95 $1.51 $1.40
Diluted Earnings Per Share $1.95 $1.51 $1.40
COMMON SHARES
Basic Shares Outstanding 66.08M shares 65.85M shares 65.72M shares
Diluted Shares Outstanding 65.97M shares 65.82M shares

Balance Sheet

Concept 2019 Q4 2019 Q3 2019 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $214.3M $290.9M $253.6M
YoY Change -37.71% -20.92% -31.1%
Cash & Equivalents $70.09M $74.03M $38.17M
Short-Term Investments $144.2M $216.9M $215.4M
Other Short-Term Assets $41.00M $42.00M $46.00M
YoY Change 5.13% -17.65% -17.86%
Inventory $546.0M $562.0M $542.0M
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $672.0M $691.0M $639.0M
YoY Change 4.84% 11.09% 11.71%
LONG-TERM ASSETS
Property, Plant & Equipment $10.42B $10.46B $10.42B
YoY Change 2.62% 1.09% 0.04%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $1.480B $1.631B $1.540B
YoY Change -1.99% 10.35% 2.74%
Other Assets $11.00M $18.00M $17.00M
YoY Change -35.29% 5.88% 0.0%
Total Long-Term Assets $12.03B $12.31B $12.03B
YoY Change 2.48% 3.45% 0.4%
TOTAL ASSETS
Total Short-Term Assets $672.0M $691.0M $639.0M
Total Long-Term Assets $12.03B $12.31B $12.03B
Total Assets $12.71B $13.00B $12.67B
YoY Change 2.6% 3.83% 0.92%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $158.0M $193.0M $140.0M
YoY Change 24.41% 4.32% 5.26%
Accrued Expenses $77.00M $77.00M $78.00M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $419.0M $459.0M $412.0M
YoY Change 33.02% 21.43% 28.75%
LONG-TERM LIABILITIES
Long-Term Debt $5.809B $6.048B $5.841B
YoY Change 3.62% 7.35% 2.64%
Other Long-Term Liabilities $37.00M $36.00M $35.00M
YoY Change 12.12% 5.88% 6.06%
Total Long-Term Liabilities $5.846B $6.084B $5.876B
YoY Change 3.67% 7.34% 2.66%
TOTAL LIABILITIES
Total Short-Term Liabilities $419.0M $459.0M $412.0M
Total Long-Term Liabilities $5.846B $6.084B $5.876B
Total Liabilities $6.264B $6.544B $6.289B
YoY Change 5.21% 8.24% 4.04%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $7.000K $7.000K $7.000K
YoY Change 0.0% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $6.220B $6.225B $6.155B
YoY Change
Total Liabilities & Shareholders Equity $12.71B $13.00B $12.67B
YoY Change 2.6% 3.83% 0.92%

Cashflow Statement

Concept 2019 Q4 2019 Q3 2019 Q2
OPERATING ACTIVITIES
Net Income $135.2M $105.7M $98.06M
YoY Change 8.63% 22.75% -7.85%
Depreciation, Depletion And Amortization $123.0M $120.8M $119.5M
YoY Change 1.99% -0.04% 0.11%
Cash From Operating Activities $212.2M $277.1M $174.0M
YoY Change 45.84% 7.57% 12.19%
INVESTING ACTIVITIES
Capital Expenditures -$115.6M -$142.0M -$90.90M
YoY Change 11.58% 40.59% 19.13%
Acquisitions
YoY Change
Other Investing Activities $292.3M -$230.9M -$21.30M
YoY Change 62.84% -1054.13% -118.31%
Cash From Investing Activities $176.6M -$372.8M -$112.3M
YoY Change 132.67% 385.42% -380.75%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -399.4M 132.5M -131.0M
YoY Change 63.29% -172.13% -16.4%
NET CHANGE
Cash From Operating Activities 212.2M 277.1M 174.0M
Cash From Investing Activities 176.6M -372.8M -112.3M
Cash From Financing Activities -399.4M 132.5M -131.0M
Net Change In Cash -10.60M 36.80M -69.30M
YoY Change -54.31% -1368.97% -280.47%
FREE CASH FLOW
Cash From Operating Activities $212.2M $277.1M $174.0M
Capital Expenditures -$115.6M -$142.0M -$90.90M
Free Cash Flow $327.8M $419.1M $264.9M
YoY Change 31.59% 16.87% 14.48%

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6.58
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65840422 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
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EarningsPerShareDiluted
6.66
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EarningsPerShareDiluted
5.90
CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
6.57
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WeightedAverageNumberOfDilutedSharesOutstanding
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CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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ProfitLoss
464448000 USD
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ProfitLoss
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CY2018 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
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0 USD
CY2017 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
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0 USD
CY2019 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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281000 USD
CY2018 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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CY2017 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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3284000 USD
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32000 USD
CY2018 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
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CY2017 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
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1909000 USD
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7719000 USD
CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax
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14119000 USD
CY2019 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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463573000 USD
CY2018 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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421318000 USD
CY2017 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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472162000 USD
CY2019 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
25133000 USD
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ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
23702000 USD
CY2017 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
25451000 USD
CY2019 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
438440000 USD
CY2018 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
397616000 USD
CY2017 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
446711000 USD
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ProfitLoss
458043000 USD
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1909000 USD
CY2017 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
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12744000 USD
CY2017 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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3284000 USD
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11302000 USD
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27051000 USD
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ProfitLoss
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7824000 USD
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12851000 USD
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51233000 USD
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CY2018 us-gaap Noncontrolling Interest Increase From Sale Of Parent Equity Interest
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
7919000 USD
CY2018 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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29233000 USD
CY2019 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
28493000 USD
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1333000 USD
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464448000 USD
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32000 USD
CY2019 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
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-1824000 USD
CY2019 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
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-2948000 USD
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281000 USD
CY2019 ess Stock Option And Restricted Stock Plans
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72539000 USD
CY2019 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
12283000 USD
CY2019 us-gaap Stock Repurchased And Retired During Period Value
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56989000 USD
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MinorityInterestChangeInRedemptionValue
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NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
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36568000 USD
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ProfitLoss
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ProfitLoss
413599000 USD
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ProfitLoss
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DepreciationAndAmortization
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CY2018 us-gaap Depreciation And Amortization
DepreciationAndAmortization
479884000 USD
CY2017 us-gaap Depreciation And Amortization
DepreciationAndAmortization
468881000 USD
CY2019 us-gaap Investment Income Amortization Of Discount
InvestmentIncomeAmortizationOfDiscount
28491000 USD
CY2018 us-gaap Investment Income Amortization Of Discount
InvestmentIncomeAmortizationOfDiscount
17637000 USD
CY2017 us-gaap Investment Income Amortization Of Discount
InvestmentIncomeAmortizationOfDiscount
15119000 USD
CY2019 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
5689000 USD
CY2018 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
-2587000 USD
CY2017 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
-5948000 USD
CY2019 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
1271000 USD
CY2018 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
737000 USD
CY2017 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
1909000 USD
CY2019 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
5710000 USD
CY2018 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
-5159000 USD
CY2017 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
0 USD
CY2019 us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
51097000 USD
CY2018 us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
10569000 USD
CY2017 us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
44837000 USD
CY2019 ess Gain Loss From Equity Method Investments
GainLossFromEquityMethodInvestments
61039000 USD
CY2018 ess Gain Loss From Equity Method Investments
GainLossFromEquityMethodInvestments
78563000 USD
CY2018 us-gaap Share Based Compensation
ShareBasedCompensation
7135000 USD
CY2017 ess Gain Loss From Equity Method Investments
GainLossFromEquityMethodInvestments
41608000 USD
CY2019 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
99277000 USD
CY2018 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
99593000 USD
CY2017 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
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CY2019 us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
6012000 USD
CY2018 us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
5436000 USD
CY2017 us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
4030000 USD
CY2019 us-gaap Asset Impairment Charges
AssetImpairmentCharges
7105000 USD
CY2018 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 USD
CY2017 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 USD
CY2019 ess Companys Share Of Gain On Sales Of Real Estate
CompanysShareOfGainOnSalesOfRealEstate
-3164000 USD
CY2018 ess Companys Share Of Gain On Sales Of Real Estate
CompanysShareOfGainOnSalesOfRealEstate
61861000 USD
CY2017 ess Companys Share Of Gain On Sales Of Real Estate
CompanysShareOfGainOnSalesOfRealEstate
26423000 USD
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
7010000 USD
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
9286000 USD
CY2019 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
3717000 USD
CY2018 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2017 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-1796000 USD
CY2019 ess Gain On Remeasurement Of Co Investment
GainOnRemeasurementOfCoInvestment
31535000 USD
CY2018 ess Gain On Remeasurement Of Co Investment
GainOnRemeasurementOfCoInvestment
1253000 USD
CY2017 ess Gain On Remeasurement Of Co Investment
GainOnRemeasurementOfCoInvestment
88641000 USD
CY2019 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-5751000 USD
CY2018 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1203000 USD
CY2017 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
3004000 USD
CY2019 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
29551000 USD
CY2018 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
-145000 USD
CY2017 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
-13474000 USD
CY2019 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
2206000 USD
CY2018 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
1175000 USD
CY2017 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-170000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
919079000 USD
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
826554000 USD
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
769607000 USD
CY2019 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
133825000 USD
CY2018 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
15311000 USD
CY2017 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
206194000 USD
CY2019 ess Redevelopment Expenditures
RedevelopmentExpenditures
70295000 USD
CY2018 ess Redevelopment Expenditures
RedevelopmentExpenditures
73000000 USD
CY2017 ess Redevelopment Expenditures
RedevelopmentExpenditures
69928000 USD
CY2017 us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
106461000 USD
CY2019 us-gaap Proceeds From Sale And Collection Of Receivables
ProceedsFromSaleAndCollectionOfReceivables
168720000 USD
CY2018 us-gaap Proceeds From Sale And Collection Of Receivables
ProceedsFromSaleAndCollectionOfReceivables
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CY2017 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
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CY2019 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
23214000 USD
CY2017 us-gaap Proceeds From Sale And Collection Of Receivables
ProceedsFromSaleAndCollectionOfReceivables
55000000 USD
CY2019 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
3734000 USD
CY2018 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
1408000 USD
CY2019 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
158234000 USD
CY2018 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
182772000 USD
CY2017 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
137733000 USD
CY2019 ess Revenue Generating Capital Expenditures
RevenueGeneratingCapitalExpenditures
101689000 USD
CY2018 ess Revenue Generating Capital Expenditures
RevenueGeneratingCapitalExpenditures
81684000 USD
CY2017 ess Revenue Generating Capital Expenditures
RevenueGeneratingCapitalExpenditures
72812000 USD
CY2019 us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
231400000 USD
CY2018 us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
0 USD
CY2018 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
347587000 USD
CY2017 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
132039000 USD
CY2019 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
402284000 USD
CY2018 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
162437000 USD
CY2017 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
293363000 USD
CY2019 us-gaap Increase Decrease In Restricted Cash And Investments For Operating Activities
IncreaseDecreaseInRestrictedCashAndInvestmentsForOperatingActivities
-5000 USD
CY2018 us-gaap Increase Decrease In Restricted Cash And Investments For Operating Activities
IncreaseDecreaseInRestrictedCashAndInvestmentsForOperatingActivities
414000 USD
CY2017 us-gaap Increase Decrease In Restricted Cash And Investments For Operating Activities
IncreaseDecreaseInRestrictedCashAndInvestmentsForOperatingActivities
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CY2019 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
46458000 USD
CY2018 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
37952000 USD
CY2017 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
67893000 USD
CY2019 ess Payments For Proceeds From Sales And Maturities Of Marketable Securities
PaymentsForProceedsFromSalesAndMaturitiesOfMarketableSecurities
-147531000 USD
CY2018 ess Payments For Proceeds From Sales And Maturities Of Marketable Securities
PaymentsForProceedsFromSalesAndMaturitiesOfMarketableSecurities
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CY2017 ess Payments For Proceeds From Sales And Maturities Of Marketable Securities
PaymentsForProceedsFromSalesAndMaturitiesOfMarketableSecurities
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CY2019 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
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273290000 USD
CY2018 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
83661000 USD
CY2017 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
162439000 USD
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2018 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2017 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2019 us-gaap Proceeds From Issuance Of Long Term Debt
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1045290000 USD
CY2018 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
298773000 USD
CY2017 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
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CY2019 us-gaap Repayments Of Long Term Debt
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1026616000 USD
CY2018 us-gaap Repayments Of Long Term Debt
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230398000 USD
CY2017 us-gaap Repayments Of Long Term Debt
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561160000 USD
CY2019 us-gaap Proceeds From Lines Of Credit
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CY2018 us-gaap Proceeds From Lines Of Credit
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742961000 USD
CY2017 us-gaap Proceeds From Lines Of Credit
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CY2019 us-gaap Repayments Of Lines Of Credit
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1884213000 USD
CY2018 us-gaap Repayments Of Lines Of Credit
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921961000 USD
CY2017 us-gaap Repayments Of Lines Of Credit
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928246000 USD
CY2019 us-gaap Payments For Repurchase Of Common Stock
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56989000 USD
CY2018 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
51233000 USD
CY2017 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2019 us-gaap Payment Of Financing And Stock Issuance Costs
PaymentOfFinancingAndStockIssuanceCosts
10898000 USD
CY2018 us-gaap Payment Of Financing And Stock Issuance Costs
PaymentOfFinancingAndStockIssuanceCosts
4250000 USD
CY2017 us-gaap Payment Of Financing And Stock Issuance Costs
PaymentOfFinancingAndStockIssuanceCosts
4108000 USD
CY2019 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
1406000 USD
CY2018 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
0 USD
CY2017 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
1630000 USD
CY2019 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
72539000 USD
CY2018 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
-919000 USD
CY2017 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
89055000 USD
CY2019 us-gaap Proceeds From Stock Options Exercised
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37467000 USD
CY2018 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
6213000 USD
CY2017 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
26635000 USD
CY2019 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
3688000 USD
CY2018 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
869000 USD
CY2017 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
316000 USD
CY2019 us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
27993000 USD
CY2018 us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
29050000 USD
CY2017 us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
26552000 USD
CY2019 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
36568000 USD
CY2018 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
1333000 USD
CY2017 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
28580000 USD
CY2019 us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
73000 USD
CY2018 us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
144000 USD
CY2017 us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
5543000 USD
CY2019 us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
507754000 USD
CY2018 us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
484182000 USD
CY2017 us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
450625000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-461689000 USD
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-676392000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-70301000 USD
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-310843000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
61126000 USD
CY2019 us-gaap Interest Paid Net
InterestPaidNet
194418000 USD
CY2018 us-gaap Interest Paid Net
InterestPaidNet
203803000 USD
CY2017 us-gaap Interest Paid Net
InterestPaidNet
212163000 USD
CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
90269000 USD
CY2017 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-109176000 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
61126000 USD
CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
170302000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
81094000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
151395000 USD
CY2019 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
24169000 USD
CY2018 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
18708000 USD
CY2017 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
13860000 USD
CY2019 us-gaap Operating Lease Payments
OperatingLeasePayments
6811000 USD
CY2018 us-gaap Operating Lease Payments
OperatingLeasePayments
0 USD
CY2017 us-gaap Operating Lease Payments
OperatingLeasePayments
0 USD
CY2019 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
0 USD
CY2018 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
7919000 USD
CY2017 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
0 USD
CY2019 us-gaap Stock Issued1
StockIssued1
65472000 USD
CY2018 us-gaap Stock Issued1
StockIssued1
0 USD
CY2017 us-gaap Stock Issued1
StockIssued1
22506000 USD
CY2019 ess Transfer From Real Estate Under Development To Rental Properties
TransferFromRealEstateUnderDevelopmentToRentalProperties
19812000 USD
CY2018 ess Transfer From Real Estate Under Development To Rental Properties
TransferFromRealEstateUnderDevelopmentToRentalProperties
100415000 USD
CY2017 ess Transfer From Real Estate Under Development To Rental Properties
TransferFromRealEstateUnderDevelopmentToRentalProperties
2413000 USD
CY2019 ess Transfer From Real Estate Under Development To Co Investments
TransferFromRealEstateUnderDevelopmentToCoInvestments
671000 USD
CY2018 ess Transfer From Real Estate Under Development To Co Investments
TransferFromRealEstateUnderDevelopmentToCoInvestments
853000 USD
CY2017 ess Transfer From Real Estate Under Development To Co Investments
TransferFromRealEstateUnderDevelopmentToCoInvestments
5075000 USD
CY2019 ess Reclassification From To Redeemable Noncontrolling Interest
ReclassificationFromToRedeemableNoncontrollingInterest
2008000 USD
CY2018 ess Reclassification From To Redeemable Noncontrolling Interest
ReclassificationFromToRedeemableNoncontrollingInterest
1165000 USD
CY2017 ess Reclassification From To Redeemable Noncontrolling Interest
ReclassificationFromToRedeemableNoncontrollingInterest
65000 USD
CY2019 ess Redemption Of Redeemable Noncontrolling Interest Decrease In Note Receivable
RedemptionOfRedeemableNoncontrollingInterestDecreaseInNoteReceivable
0 USD
CY2018 ess Redemption Of Redeemable Noncontrolling Interest Decrease In Note Receivable
RedemptionOfRedeemableNoncontrollingInterestDecreaseInNoteReceivable
4751000 USD
CY2017 ess Redemption Of Redeemable Noncontrolling Interest Decrease In Note Receivable
RedemptionOfRedeemableNoncontrollingInterestDecreaseInNoteReceivable
0 USD
CY2019 us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
143006000 USD
CY2018 us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
45804000 USD
CY2017 us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
51882000 USD
CY2019 ess Repayment Of Mortgage Note From New Financing Proceeds
RepaymentOfMortgageNoteFromNewFinancingProceeds
0 USD
CY2018 ess Repayment Of Mortgage Note From New Financing Proceeds
RepaymentOfMortgageNoteFromNewFinancingProceeds
52000000 USD
CY2017 ess Repayment Of Mortgage Note From New Financing Proceeds
RepaymentOfMortgageNoteFromNewFinancingProceeds
0 USD
CY2018 us-gaap Noncontrolling Interest Increase From Sale Of Parent Equity Interest
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
7919000 USD
CY2019 us-gaap Noncontrolling Interest Increase From Sale Of Parent Equity Interest
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
65472000 USD
CY2019 us-gaap Limited Liability Company Llc Or Limited Partnership Lp Managing Member Or General Partner Ownership Interest
LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest
0.966
CY2019Q4 ess Noncontrolling Interest Operating Partnership
NoncontrollingInterestOperatingPartnership
0.034
CY2019Q4 ess Operating Partnership Units Outstanding
OperatingPartnershipUnitsOutstanding
2301653 shares
CY2018Q4 ess Operating Partnership Units Outstanding
OperatingPartnershipUnitsOutstanding
2305389 shares
CY2019Q4 ess Redemption Value Of Operating Partnership Units Outstanding
RedemptionValueOfOperatingPartnershipUnitsOutstanding
692500000 USD
CY2018Q4 ess Redemption Value Of Operating Partnership Units Outstanding
RedemptionValueOfOperatingPartnershipUnitsOutstanding
565300000 USD
CY2019Q4 ess Number Of Apartment Communities Owned
NumberOfApartmentCommunitiesOwned
250 community
CY2019Q4 ess Aggregate Apartment Units Owned
AggregateApartmentUnitsOwned
60570 apartment
CY2019Q4 ess Ownership Interests Number Of Commercial Buildings
OwnershipInterestsNumberOfCommercialBuildings
1 building
CY2019Q4 ess Ownership Interests Number Of Consolidated Projects
OwnershipInterestsNumberOfConsolidatedProjects
5 project
CY2019Q4 ess Ownership Interests Number Of Unconsolidated Projects
OwnershipInterestsNumberOfUnconsolidatedProjects
2 investment
CY2019Q4 ess Noncontrolling Interest Operating Partnership
NoncontrollingInterestOperatingPartnership
0.034
CY2019 ess Thresholdusefullifeofassetsforcapitalization
Thresholdusefullifeofassetsforcapitalization
P1Y
CY2018Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
100000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1200000 USD
CY2019Q4 ess Numberof Assets Held For Sale
NumberofAssetsHeldForSale
0 community
CY2019 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
11500000 USD
CY2019 ess Leasetermsmaximum
Leasetermsmaximum
P12M
CY2019 ess Originalmaturitieshighlyliquidinvestmentstermclassificationascashequivalentsmaximum
Originalmaturitieshighlyliquidinvestmentstermclassificationascashequivalentsmaximum
P3M
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
70087000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
134465000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
44620000 USD
CY2019Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
11007000 USD
CY2018Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
16930000 USD
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
16506000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
81094000 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
61126000 USD
CY2019Q4 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
3600000 USD
CY2018Q4 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
6700000 USD
CY2019Q4 ess Marketable Securities Amortized Cost
MarketableSecuritiesAmortizedCost
140649000 USD
CY2019Q4 ess Marketable Securities Accumulated Gross Unrealized Gain Loss Before Tax
MarketableSecuritiesAccumulatedGrossUnrealizedGainLossBeforeTax
3544000 USD
CY2019Q4 us-gaap Marketable Securities
MarketableSecurities
144193000 USD
CY2018Q4 ess Marketable Securities Amortized Cost
MarketableSecuritiesAmortizedCost
211960000 USD
CY2018Q4 ess Marketable Securities Accumulated Gross Unrealized Gain Loss Before Tax
MarketableSecuritiesAccumulatedGrossUnrealizedGainLossBeforeTax
-2415000 USD
CY2018Q4 us-gaap Marketable Securities
MarketableSecurities
209545000 USD
CY2019Q4 us-gaap Proceeds From Maturities Prepayments And Calls Of Mortgage Backed Securities Mbs
ProceedsFromMaturitiesPrepaymentsAndCallsOfMortgageBackedSecuritiesMBS
83100000 USD
CY2019Q4 us-gaap Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
7000000.0 USD
CY2019 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
147500000 USD
CY2018 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
31500000 USD
CY2017 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
35500000 USD
CY2019 us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
1300000 USD
CY2018 us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
700000 USD
CY2017 us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
1900000 USD
CY2019 ess Capitalized Internal Costs Related To Development And Redevelopment Projects
CapitalizedInternalCostsRelatedToDevelopmentAndRedevelopmentProjects
17900000 USD
CY2018 ess Capitalized Internal Costs Related To Development And Redevelopment Projects
CapitalizedInternalCostsRelatedToDevelopmentAndRedevelopmentProjects
18600000 USD
CY2017 ess Capitalized Internal Costs Related To Development And Redevelopment Projects
CapitalizedInternalCostsRelatedToDevelopmentAndRedevelopmentProjects
18800000 USD
CY2019Q4 ess Fixed Rate Debt Carrying Amount
FixedRateDebtCarryingAmount
5200000000 USD
CY2018Q4 ess Fixed Rate Debt Carrying Amount
FixedRateDebtCarryingAmount
5000000000.0 USD
CY2019Q4 ess Fixed Rate Debt Fair Value
FixedRateDebtFairValue
5400000000 USD
CY2018Q4 ess Fixed Rate Debt Fair Value
FixedRateDebtFairValue
5000000000.0 USD
CY2019Q4 ess Variable Rate Debt Carrying Amount
VariableRateDebtCarryingAmount
660400000 USD
CY2018Q4 ess Variable Rate Debt Carrying Amount
VariableRateDebtCarryingAmount
619600000 USD
CY2019Q4 ess Variable Rate Debt Fair Value
VariableRateDebtFairValue
655800000 USD
CY2018Q4 ess Variable Rate Debt Fair Value
VariableRateDebtFairValue
615200000 USD
CY2019Q4 us-gaap Proceeds From Maturities Prepayments And Calls Of Mortgage Backed Securities Mbs
ProceedsFromMaturitiesPrepaymentsAndCallsOfMortgageBackedSecuritiesMBS
83100000 USD
CY2019Q4 us-gaap Mortgage Backed Securities Available For Sale Fair Value Disclosure
MortgageBackedSecuritiesAvailableForSaleFairValueDisclosure
72700000 USD
CY2018Q4 us-gaap Mortgage Backed Securities Available For Sale Fair Value Disclosure
MortgageBackedSecuritiesAvailableForSaleFairValueDisclosure
129500000 USD
CY2017 ess Tax Cuts And Jobs Act Of2017 Incomplete Accounting Changein Tax Rate Deferred Tax Liability Provisional Income Tax Expense Benefit
TaxCutsAndJobsActOf2017IncompleteAccountingChangeinTaxRateDeferredTaxLiabilityProvisionalIncomeTaxExpenseBenefit
-1500000 USD
CY2019 us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
8108000 USD
CY2019 us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
8954000 USD
CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-671000 USD
CY2019Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
37400000 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
CY2017Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
39206000 USD
CY2016Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
44684000 USD
CY2019 ess Noncontrolling Interest Reset Of Prior Year Redemptions
NoncontrollingInterestResetOfPriorYearRedemptions
2008000 USD
CY2018 ess Noncontrolling Interest Reset Of Prior Year Redemptions
NoncontrollingInterestResetOfPriorYearRedemptions
1164000 USD
CY2017 ess Noncontrolling Interest Reset Of Prior Year Redemptions
NoncontrollingInterestResetOfPriorYearRedemptions
65000 USD
CY2019 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
73000 USD
CY2018 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
4895000 USD
CY2017 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
5543000 USD
CY2019Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
37410000 USD
CY2018Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
35475000 USD
CY2017Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
39206000 USD
CY2019 us-gaap Use Of Estimates
UseOfEstimates
Accounting Estimates<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 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 ongoing 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, and its notes receivable. 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><div style="line-height:120%;text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div>
CY2019Q4 ess Number Of Downreit Limited Partnerships Consolidated By Company
NumberOfDownreitLimitedPartnershipsConsolidatedByCompany
17 partnership
CY2019Q4 ess Number Of Communities Within Downreit Partnerships
NumberOfCommunitiesWithinDownreitPartnerships
9 community
CY2019Q4 ess Variable Interest Entity Number Of Consolidated Coinvestments Determined To Be Variable Interest Entities
VariableInterestEntityNumberOfConsolidatedCoinvestmentsDeterminedToBeVariableInterestEntities
6 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
CY2019Q4 ess Liabilities Related To Variable Interest Entities Net Of Intercompany Eliminations
LiabilitiesRelatedToVariableInterestEntitiesNetOfIntercompanyEliminations
364300000 USD
CY2018Q4 ess Assets Related To Variable Interest Entities Net Intercompany Eliminations
AssetsRelatedToVariableInterestEntitiesNetIntercompanyEliminations
849800000 USD
CY2018Q4 ess Liabilities Related To Variable Interest Entities Net Of Intercompany Eliminations
LiabilitiesRelatedToVariableInterestEntitiesNetOfIntercompanyEliminations
261700000 USD
CY2019Q4 us-gaap Noncontrolling Interest In Variable Interest Entity
NoncontrollingInterestInVariableInterestEntity
122500000 USD
CY2018Q4 us-gaap Noncontrolling Interest In Variable Interest Entity
NoncontrollingInterestInVariableInterestEntity
64500000 USD
CY2019Q4 ess Number Of Communities Within Downreit Partnerships
NumberOfCommunitiesWithinDownreitPartnerships
9 community
CY2019Q4 ess Units Of Limited Partnership Interest Amount
UnitsOfLimitedPartnershipInterestAmount
1033907 shares
CY2018Q4 ess Units Of Limited Partnership Interest Amount
UnitsOfLimitedPartnershipInterestAmount
912269 shares
CY2019Q4 ess Redemption Value Of Variable Interest Entities
RedemptionValueOfVariableInterestEntities
311100000 USD
CY2018Q4 ess Redemption Value Of Variable Interest Entities
RedemptionValueOfVariableInterestEntities
223700000 USD
CY2019Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
37400000 USD
CY2018Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
35500000 USD
CY2019Q4 ess Redeemable Noncontrolling Interest Equity Carrying Amount Variable Interest Entities
RedeemableNoncontrollingInterestEquityCarryingAmountVariableInterestEntities
13000000.0 USD
CY2018Q4 ess Redeemable Noncontrolling Interest Equity Carrying Amount Variable Interest Entities
RedeemableNoncontrollingInterestEquityCarryingAmountVariableInterestEntities
14500000 USD
CY2019Q4 us-gaap Minority Interest In Limited Partnerships
MinorityInterestInLimitedPartnerships
97700000 USD
CY2018Q4 us-gaap Minority Interest In Limited Partnerships
MinorityInterestInLimitedPartnerships
32400000 USD
CY2019 us-gaap Business Combination Consideration Transferred1
BusinessCombinationConsiderationTransferred1
373300000 USD
CY2019 ess Number Of Units Acquired
NumberOfUnitsAcquired
849 unit
CY2019 us-gaap Business Combination Consideration Transferred1
BusinessCombinationConsiderationTransferred1
373300000 USD
CY2018 us-gaap Business Combination Consideration Transferred1
BusinessCombinationConsiderationTransferred1
35400000 USD
CY2019Q3 ess Preferred Equity Method Investment Promote Interest Earned
PreferredEquityMethodInvestmentPromoteInterestEarned
52200000 USD
CY2019Q4 ess Investments In Distributions In Excess Of Investments In And Advance To Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInDistributionsInExcessOfInvestmentsInAndAdvanceToAffiliatesSubsidiariesAssociatesAndJointVentures
1335339000 USD
CY2018Q4 ess Investments In Distributions In Excess Of Investments In And Advance To Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInDistributionsInExcessOfInvestmentsInAndAdvanceToAffiliatesSubsidiariesAssociatesAndJointVentures
1300140000 USD
CY2019Q4 ess Ownership Interests Number Of Consolidated Projects
OwnershipInterestsNumberOfConsolidatedProjects
5 project
CY2019Q4 ess Ownership Interests Number Of Unconsolidated Projects
OwnershipInterestsNumberOfUnconsolidatedProjects
2 investment
CY2019Q4 ess Number Of Units To Be Developed
NumberOfUnitsToBeDeveloped
1960 unit
CY2019 us-gaap Revenues
Revenues
1460155000 USD
CY2018 us-gaap Revenues
Revenues
1400053000 USD
CY2017 us-gaap Revenues
Revenues
1363899000 USD
CY2019Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
3900000 USD
CY2018Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
6200000 USD
CY2019 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
2300000 USD
CY2019Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
3900000 USD
CY2019Q4 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.19
CY2019Q4 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.38
CY2019Q4 us-gaap Notes Receivable Net
NotesReceivableNet
134365000 USD
CY2018Q4 us-gaap Notes Receivable Net
NotesReceivableNet
71895000 USD
CY2019Q4 us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
36100000 USD
CY2019Q4 us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
6700000 USD
CY2019 ess Management And Other Fees From Affiliates
ManagementAndOtherFeesFromAffiliates
13800000 USD
CY2018 ess Management And Other Fees From Affiliates
ManagementAndOtherFeesFromAffiliates
13900000 USD
CY2017 ess Management And Other Fees From Affiliates
ManagementAndOtherFeesFromAffiliates
12600000 USD
CY2019 ess Related Party Transaction Revenuesfrom Developmentand Redevelopment Fees
RelatedPartyTransactionRevenuesfromDevelopmentandRedevelopmentFees
4300000 USD
CY2018 ess Related Party Transaction Revenuesfrom Developmentand Redevelopment Fees
RelatedPartyTransactionRevenuesfromDevelopmentandRedevelopmentFees
4800000 USD
CY2017 ess Related Party Transaction Revenuesfrom Developmentand Redevelopment Fees
RelatedPartyTransactionRevenuesfromDevelopmentandRedevelopmentFees
3000000.0 USD
CY2017 ess Equity Method Investment Redeemed Amount
EquityMethodInvestmentRedeemedAmount
5000000.0 USD
CY2018 ess Equity Method Investment Redeemed Amount
EquityMethodInvestmentRedeemedAmount
5000000.0 USD
CY2019Q4 us-gaap Unsecured Debt
UnsecuredDebt
4763206000 USD
CY2018Q4 us-gaap Unsecured Debt
UnsecuredDebt
3799316000 USD
CY2019Q4 ess Unsecured Debt And Line Of Credit
UnsecuredDebtAndLineOfCredit
4818206000 USD
CY2018Q4 ess Unsecured Debt And Line Of Credit
UnsecuredDebtAndLineOfCredit
3799316000 USD
CY2019 ess Line Of Credit Facility Number Of Outstanding Lines
LineOfCreditFacilityNumberOfOutstandingLines
2 line_of_credit
CY2019Q4 us-gaap Senior Notes
SeniorNotes
200000000.0 USD
CY2018Q4 us-gaap Senior Notes
SeniorNotes
275000000.0 USD
CY2019 us-gaap Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
0.044
CY2018 us-gaap Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
0.045
CY2019Q4 us-gaap Senior Notes
SeniorNotes
200000000 USD
CY2018Q4 us-gaap Senior Notes
SeniorNotes
275000000 USD
CY2019Q4 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
4250000000 USD
CY2018Q4 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
3200000000 USD
CY2019 ess Line Of Credit Facility Number Of Lines Of Credit
LineOfCreditFacilityNumberOfLinesOfCredit
2 line_of_credit
CY2019Q4 us-gaap Long Term Debt
LongTermDebt
990667000 USD
CY2018Q4 us-gaap Long Term Debt
LongTermDebt
1806626000 USD
CY2019 ess Number Of Properties Securing Mortgage Notes
NumberOfPropertiesSecuringMortgageNotes
24 property
CY2018 ess Number Of Properties Securing Mortgage Notes
NumberOfPropertiesSecuringMortgageNotes
50 property
CY2019Q4 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.041
CY2018Q4 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.043
CY2019Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
2600000 USD
CY2018Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
4200000 USD
CY2019 ess Long Term Debt Monthly Interest Expense
LongTermDebtMonthlyInterestExpense
5500000 USD
CY2019 ess Long Term Debt Monthly Principal Amortization
LongTermDebtMonthlyPrincipalAmortization
1400000 USD
CY2019 ess Long Term Debt Repayment Of Debt Before Scheduled Maturity Date Prepayment Penalties
LongTermDebtRepaymentOfDebtBeforeScheduledMaturityDatePrepaymentPenalties
The prepayment penalty on the majority of the Company’s mortgage notes payable are computed by the greater of (a) 1% of the amount of the principal being prepaid or (b) the present value of the principal being prepaid multiplied by the difference between the interest rate of the mortgage note and the stated yield rate on a U.S. treasury security which generally has an equivalent remaining term as the mortgage note.
CY2019Q4 ess Lessor Operating Lease Number Of Commercial Buildings Under Lease Agreements
LessorOperatingLeaseNumberOfCommercialBuildingsUnderLeaseAgreements
1 building
CY2019Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
746150000 USD
CY2019Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
17986000 USD
CY2019Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
14482000 USD
CY2019Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
13302000 USD
CY2019Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
11542000 USD
CY2019Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
26967000 USD
CY2019Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
830429000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Receivable Current
OperatingLeasesFutureMinimumPaymentsReceivableCurrent
16386000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
15842000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
14412000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
13324000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
12181000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
33034000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
105179000 USD
CY2019 ess Lessee Operating Lease Office Lease Renewal Term
LesseeOperatingLeaseOfficeLeaseRenewalTerm
P5Y
CY2019Q4 ess Lease Right Of Use Asset
LeaseRightOfUseAsset
74744000 USD
CY2019Q4 ess Lease Liability
LeaseLiability
76740000 USD
CY2019 us-gaap Operating Lease Cost
OperatingLeaseCost
6745000 USD
CY2019 us-gaap Variable Lease Cost
VariableLeaseCost
783000 USD
CY2019 us-gaap Short Term Lease Cost
ShortTermLeaseCost
610000 USD
CY2019 us-gaap Sublease Income
SubleaseIncome
436000 USD
CY2019 us-gaap Lease Cost
LeaseCost
7702000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
6855000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
6877000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
6888000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
6860000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
6585000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
146673000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
180738000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
103998000 USD
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
76740000 USD
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P39Y
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0499
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
CY2019 us-gaap Limited Liability Company Llc Or Limited Partnership Lp Managing Member Or General Partner Ownership Interest
LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest
0.966
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0201
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0276
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0230
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y
CY2018 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y
CY2019Q4 ess Redemption Value Of Operating Partnership Units Outstanding
RedemptionValueOfOperatingPartnershipUnitsOutstanding
692500000 USD
CY2018Q4 ess Redemption Value Of Operating Partnership Units Outstanding
RedemptionValueOfOperatingPartnershipUnitsOutstanding
565300000 USD
CY2019 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
439286000 USD
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
65840422 shares
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
6.67
CY2018 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
390153000 USD
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
66041058 shares
CY2018 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.91
CY2017 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
433059000 USD
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
65829155 shares
CY2017 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
6.58
CY2019 ess Income From Continuing Operations Available To Common Stockholders1
IncomeFromContinuingOperationsAvailableToCommonStockholders1
439286000 USD
CY2019 ess Adjusted Income From Continuing Operations Available To Common Stockholders
AdjustedIncomeFromContinuingOperationsAvailableToCommonStockholders
65939455 shares
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
6.66
CY2018 ess Income From Continuing Operations Available To Common Stockholders1
IncomeFromContinuingOperationsAvailableToCommonStockholders1
390153000 USD
CY2018 ess Adjusted Income From Continuing Operations Available To Common Stockholders
AdjustedIncomeFromContinuingOperationsAvailableToCommonStockholders
66085089 shares
CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.90
CY2017 ess Income From Continuing Operations Available To Common Stockholders1
IncomeFromContinuingOperationsAvailableToCommonStockholders1
433059000 USD
CY2017 ess Adjusted Income From Continuing Operations Available To Common Stockholders
AdjustedIncomeFromContinuingOperationsAvailableToCommonStockholders
65898255 shares
CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
6.57
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
2000000 shares
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Accelerated Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardAcceleratedCompensationCost
3500000 USD
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
23500000 USD
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
12500000 USD
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
24.02
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
26.13
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
22.41
CY2019 ess Sharebased Compensation Arrangementby Sharebased Payment Award Cap On Appreciationof The Market Price Over The Exercise Price Option1
SharebasedCompensationArrangementbySharebasedPaymentAwardCapOnAppreciationofTheMarketPriceOverTheExercisePriceOption1
100 USD
CY2019 ess Sharebased Compensation Arrangementby Sharebased Payment Award Cap On Appreciationof The Market Price Over The Exercise Price Option2
SharebasedCompensationArrangementbySharebasedPaymentAwardCapOnAppreciationofTheMarketPriceOverTheExercisePriceOption2
125 USD
CY2019 ess Stock Price
StockPrice
304.85
CY2018 ess Stock Price
StockPrice
262.09
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.1956
CY2017 ess Stock Price
StockPrice
240.56
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.2489
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.2410
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0272
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0281
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0290
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
612954 shares
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
224.57
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
536208 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
211.41
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
557648 shares
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
181.50
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
148147 shares
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
304.85
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
119361 shares
CY2018 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
262.09
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
164677 shares
CY2017 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
240.56
CY2019 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
182817 shares
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
205.25
CY2018 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
39175 shares
CY2018 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
159.05
CY2017 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
176489 shares
CY2017 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
146.86
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
5313 shares
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
257.87
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
3440 shares
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
221.80
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
9628 shares
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
160.40
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
572971 shares
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
251.10
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
612954 shares
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
224.57
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
536208 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
211.41
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
305379 shares
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
223.90
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
322837 shares
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
206.63
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
223796 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
191.09
CY2019 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segment
CY2019 ess Net Operating Income From Segments
NetOperatingIncomeFromSegments
1052933000 USD
CY2018 ess Net Operating Income From Segments
NetOperatingIncomeFromSegments
1005536000 USD
CY2017 ess Net Operating Income From Segments
NetOperatingIncomeFromSegments
978939000 USD
CY2019 ess Corporate Property Management Expenses
CorporatePropertyManagementExpenses
32899000 USD
CY2018 ess Corporate Property Management Expenses
CorporatePropertyManagementExpenses
31062000 USD
CY2017 ess Corporate Property Management Expenses
CorporatePropertyManagementExpenses
30156000 USD
CY2019 us-gaap Depreciation
Depreciation
483750000 USD
CY2018 us-gaap Depreciation
Depreciation
479884000 USD
CY2017 us-gaap Depreciation
Depreciation
468881000 USD
CY2019 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
54262000 USD
CY2018 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
53451000 USD
CY2017 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
41385000 USD
CY2019 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
168000 USD
CY2018 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
194000 USD
CY2017 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
1569000 USD
CY2019 us-gaap Asset Impairment Charges
AssetImpairmentCharges
7105000 USD
CY2018 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 USD
CY2017 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 USD
CY2019 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
-3164000 USD
CY2018 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
61861000 USD
CY2017 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
26423000 USD
CY2019 us-gaap Interest Expense
InterestExpense
217339000 USD
CY2018 us-gaap Interest Expense
InterestExpense
220492000 USD
CY2017 us-gaap Interest Expense
InterestExpense
222894000 USD
CY2019 us-gaap Derivative Gain On Derivative
DerivativeGainOnDerivative
8446000 USD
CY2018 us-gaap Derivative Gain On Derivative
DerivativeGainOnDerivative
8707000 USD
CY2017 us-gaap Derivative Gain On Derivative
DerivativeGainOnDerivative
10098000 USD
CY2019 us-gaap Interest And Other Income
InterestAndOtherIncome
46298000 USD
CY2018 us-gaap Interest And Other Income
InterestAndOtherIncome
23010000 USD
CY2017 us-gaap Interest And Other Income
InterestAndOtherIncome
24604000 USD
CY2019 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
112136000 USD
CY2018 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
89132000 USD
CY2017 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
86445000 USD
CY2019 us-gaap Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
1457000 USD
CY2018 us-gaap Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
0 USD
CY2017 us-gaap Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
0 USD
CY2019 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
3717000 USD
CY2018 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2017 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-1796000 USD
CY2019 ess Gain On Remeasurement Of Co Investment
GainOnRemeasurementOfCoInvestment
31535000 USD
CY2018 ess Gain On Remeasurement Of Co Investment
GainOnRemeasurementOfCoInvestment
1253000 USD
CY2017 ess Gain On Remeasurement Of Co Investment
GainOnRemeasurementOfCoInvestment
88641000 USD
CY2019 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
464448000 USD
CY2018 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
413599000 USD
CY2017 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
458043000 USD
CY2019Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
10348660000 USD
CY2018Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
10156553000 USD
CY2019Q4 us-gaap Development In Process
DevelopmentInProcess
546075000 USD
CY2018Q4 us-gaap Development In Process
DevelopmentInProcess
454629000 USD
CY2019Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
1335339000 USD
CY2018Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
1300140000 USD
CY2019Q4 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
81094000 USD
CY2018Q4 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
151395000 USD
CY2019Q4 us-gaap Marketable Securities
MarketableSecurities
144193000 USD
CY2018Q4 us-gaap Marketable Securities
MarketableSecurities
209545000 USD
CY2019Q4 us-gaap Notes Receivable Net
NotesReceivableNet
134365000 USD
CY2018Q4 us-gaap Notes Receivable Net
NotesReceivableNet
71895000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
74744000 USD
CY2018Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
0 USD
CY2019Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
40935000 USD
CY2018Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
39439000 USD
CY2019Q4 us-gaap Assets
Assets
12705405000 USD
CY2018Q4 us-gaap Assets
Assets
12383596000 USD
CY2019 us-gaap Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
0.50
CY2019 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
2400000 USD
CY2018 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
2100000 USD
CY2017 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
1800000 USD
CY2019Q4 ess Property Casualty Insurance Deductible Per Incident Maximum
PropertyCasualtyInsuranceDeductiblePerIncidentMaximum
5000000.0 USD
CY2019Q4 us-gaap Profit Loss
ProfitLoss
135182000 USD
CY2019Q3 us-gaap Profit Loss
ProfitLoss
105700000 USD
CY2019Q2 us-gaap Profit Loss
ProfitLoss
98061000 USD
CY2019Q1 us-gaap Profit Loss
ProfitLoss
125505000 USD
CY2019Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
128818000 USD
CY2019Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
99335000 USD
CY2019Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
92275000 USD
CY2019Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
118858000 USD
CY2019Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.95
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.51
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.40
CY2019Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.81
CY2019Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.95
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.51
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.40
CY2019Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.81
CY2019Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.95
CY2019Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.95
CY2019Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.95
CY2019Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.95
CY2018Q4 us-gaap Profit Loss
ProfitLoss
124440000 USD
CY2018Q3 us-gaap Profit Loss
ProfitLoss
86110000 USD
CY2018Q2 us-gaap Profit Loss
ProfitLoss
106410000 USD
CY2018Q1 us-gaap Profit Loss
ProfitLoss
96639000 USD
CY2018Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
117820000 USD
CY2018Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
80975000 USD
CY2018Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
100440000 USD
CY2018Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
90918000 USD
CY2018Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.78
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.23
CY2018Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.52
CY2018Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.38
CY2018Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.78
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.22
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.52
CY2018Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.38
CY2018Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.86
CY2018Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.86
CY2018Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.86
CY2018Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.86
CY2019Q4 srt Real Estate And Accumulated Depreciation Amount Of Encumbrances
RealEstateAndAccumulatedDepreciationAmountOfEncumbrances
990667000 USD
CY2019Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Land
RealEstateAndAccumulatedDepreciationInitialCostOfLand
2736256000 USD
CY2019Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements
9395624000 USD
CY2019Q4 us-gaap Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Carrying Costs
RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionCarryingCosts
1906262000 USD
CY2019Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Land
RealEstateAndAccumulatedDepreciationCarryingAmountOfLand
2773805000 USD
CY2019Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements
11264337000 USD
CY2019Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
14038142000 USD
CY2019Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
3689482000 USD
CY2019 ess Aggregate Cost For Federal Income Tax Purpose
AggregateCostForFederalIncomeTaxPurpose
11000000000.0 USD
CY2018Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
3209548000 USD
CY2017Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
2769297000 USD
CY2016Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
2311546000 USD
CY2019 ess Sec Schedule Iiir Eal Estate Improvements Acquisitions And Developments
SECScheduleIIIREalEstateImprovementsAcquisitionsAndDevelopments
672041000 USD
CY2018 ess Sec Schedule Iiir Eal Estate Improvements Acquisitions And Developments
SECScheduleIIIREalEstateImprovementsAcquisitionsAndDevelopments
325986000 USD
CY2017 ess Sec Schedule Iiir Eal Estate Improvements Acquisitions And Developments
SECScheduleIIIREalEstateImprovementsAcquisitionsAndDevelopments
700892000 USD
CY2019 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
479934000 USD
CY2018 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
478721000 USD
CY2017 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
464043000 USD
CY2019 us-gaap Real Estate Other Deductions
RealEstateOtherDeductions
0 USD
CY2018 us-gaap Real Estate Other Deductions
RealEstateOtherDeductions
321958000 USD
CY2017 us-gaap Real Estate Other Deductions
RealEstateOtherDeductions
28367000 USD
CY2019 us-gaap Real Estate Accumulated Depreciation Other Deductions
RealEstateAccumulatedDepreciationOtherDeductions
0 USD
CY2018 us-gaap Real Estate Accumulated Depreciation Other Deductions
RealEstateAccumulatedDepreciationOtherDeductions
38470000 USD
CY2017 us-gaap Real Estate Accumulated Depreciation Other Deductions
RealEstateAccumulatedDepreciationOtherDeductions
6292000 USD
CY2019 ess Sec Schedule1228 Real Estate Companies Investment In Real Estate Transfers Into Buildings And Improvements Net
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateTransfersIntoBuildingsAndImprovementsNet
0 USD
CY2018 ess Sec Schedule1228 Real Estate Companies Investment In Real Estate Transfers Into Buildings And Improvements Net
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateTransfersIntoBuildingsAndImprovementsNet
0 USD
CY2017 ess Sec Schedule1228 Real Estate Companies Investment In Real Estate Transfers Into Buildings And Improvements Net
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateTransfersIntoBuildingsAndImprovementsNet
1826000 USD
CY2019Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
3689482000 USD
CY2018Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
3209548000 USD
CY2017Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
2769297000 USD

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