2019 Q4 Form 10-K Financial Statement

#000092052221000015 Filed on February 19, 2021

View on sec.gov

Income Statement

Concept 2019 Q4 2018 Q4 2018
Revenue $375.4M $353.2M $1.400B
YoY Change 6.29% 2.35% 2.65%
Cost Of Revenue $101.5M $98.50M $385.3M
YoY Change 3.05% -4.92% -4.98%
Gross Profit $273.9M $254.7M $1.015B
YoY Change 7.54% 5.51% 5.87%
Gross Profit Margin 72.96% 72.11% 72.48%
Selling, General & Admin $23.80M $24.70M $84.50M
YoY Change -3.64% 130.84% 104.11%
% of Gross Profit 8.69% 9.7% 8.33%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $123.0M $120.6M $479.9M
YoY Change 1.99% 2.2% 2.35%
% of Gross Profit 44.91% 47.35% 47.29%
Operating Expenses $146.7M $145.2M $564.4M
YoY Change 1.03% 12.82% 10.6%
Operating Profit $127.2M $109.5M $512.0M
YoY Change 16.16% -2.84% 8.26%
Interest Expense $21.80M -$25.80M $220.5M
YoY Change -184.5% 2766.67% -1.08%
% of Operating Profit 17.14% -23.56% 43.07%
Other Income/Expense, Net $0.00
YoY Change
Pretax Income $135.2M $124.4M $413.6M
YoY Change 8.68% 13.4% -9.69%
Income Tax $0.00 $0.00
% Of Pretax Income 0.0% 0.0%
Net Earnings $135.2M $124.4M $390.2M
YoY Change 8.63% 13.48% -9.91%
Net Earnings / Revenue 36.01% 35.23% 27.87%
Basic Earnings Per Share $1.95 $1.78 $5.91
Diluted Earnings Per Share $1.95 $1.78 $5.90
COMMON SHARES
Basic Shares Outstanding 66.08M shares 66.07M shares 66.04M shares
Diluted Shares Outstanding 66.09M shares

Balance Sheet

Concept 2019 Q4 2018 Q4 2018
SHORT-TERM ASSETS
Cash & Short-Term Investments $214.3M $344.0M $134.0M
YoY Change -37.71% 46.62% 197.78%
Cash & Equivalents $70.09M $134.5M $134.0M
Short-Term Investments $144.2M $209.5M
Other Short-Term Assets $41.00M $39.00M $39.00M
YoY Change 5.13% 0.0% 0.0%
Inventory $546.0M $455.0M $455.0M
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $672.0M $641.0M $641.0M
YoY Change 4.84% 33.26% 33.26%
LONG-TERM ASSETS
Property, Plant & Equipment $10.42B $10.16B $10.16B
YoY Change 2.62% -4.12% -4.12%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $1.480B $1.510B $1.510B
YoY Change -1.99% 12.18% 12.18%
Other Assets $11.00M $17.00M $17.00M
YoY Change -35.29% 0.0% 0.0%
Total Long-Term Assets $12.03B $11.74B $11.74B
YoY Change 2.48% -2.26% -2.26%
TOTAL ASSETS
Total Short-Term Assets $672.0M $641.0M $641.0M
Total Long-Term Assets $12.03B $11.74B $11.74B
Total Assets $12.71B $12.38B $12.38B
YoY Change 2.6% -0.9% -0.9%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $158.0M $127.0M $127.0M
YoY Change 24.41% -0.78% -0.78%
Accrued Expenses $77.00M
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 $315.0M $315.0M
YoY Change 33.02% 4.65% 4.65%
LONG-TERM LIABILITIES
Long-Term Debt $5.809B $5.606B $5.606B
YoY Change 3.62% -1.46% -1.46%
Other Long-Term Liabilities $37.00M $33.00M $33.00M
YoY Change 12.12% -52.86% -52.86%
Total Long-Term Liabilities $5.846B $5.639B $5.639B
YoY Change 3.67% -2.08% -2.08%
TOTAL LIABILITIES
Total Short-Term Liabilities $419.0M $315.0M $315.0M
Total Long-Term Liabilities $5.846B $5.639B $5.639B
Total Liabilities $6.264B $5.954B $6.117B
YoY Change 5.21% -1.74% -1.62%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $7.000K $7.000K
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $6.220B $6.267B $6.267B
YoY Change
Total Liabilities & Shareholders Equity $12.71B $12.38B $12.38B
YoY Change 2.6% -0.9% -0.9%

Cashflow Statement

Concept 2019 Q4 2018 Q4 2018
OPERATING ACTIVITIES
Net Income $135.2M $124.4M $390.2M
YoY Change 8.63% 13.48% -9.91%
Depreciation, Depletion And Amortization $123.0M $120.6M $479.9M
YoY Change 1.99% 2.2% 2.35%
Cash From Operating Activities $212.2M $145.5M $826.6M
YoY Change 45.84% 2.03% 7.4%
INVESTING ACTIVITIES
Capital Expenditures -$115.6M -$103.6M -$352.8M
YoY Change 11.58% 12.0% -27.51%
Acquisitions
YoY Change
Other Investing Activities $292.3M $179.5M $292.9M
YoY Change 62.84% 78.43% -460.27%
Cash From Investing Activities $176.6M $75.90M -$59.89M
YoY Change 132.67% 837.04% -89.45%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $52.15M
YoY Change -158.56%
Debt Paid & Issued, Net $230.4M
YoY Change -58.94%
Cash From Financing Activities -399.4M -244.6M -$676.4M
YoY Change 63.29% 282.79% 117.6%
NET CHANGE
Cash From Operating Activities 212.2M 145.5M $826.6M
Cash From Investing Activities 176.6M 75.90M -$59.89M
Cash From Financing Activities -399.4M -244.6M -$676.4M
Net Change In Cash -10.60M -23.20M $90.27M
YoY Change -54.31% -126.73% -182.68%
FREE CASH FLOW
Cash From Operating Activities $212.2M $145.5M $826.6M
Capital Expenditures -$115.6M -$103.6M -$352.8M
Free Cash Flow $327.8M $249.1M $1.179B
YoY Change 31.59% 5.95% -6.13%

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EarningsPerShareDiluted
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0 USD
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CY2019 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
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CY2018 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
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CY2020 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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CY2019 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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25133000 USD
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CY2020 us-gaap Comprehensive Income Net Of Tax
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ProfitLoss
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2131000 USD
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1271000 USD
CY2018 us-gaap Gain Loss On Sale Of Investments
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737000 USD
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687000 USD
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0 USD
CY2018 us-gaap Provision For Loan Lease And Other Losses
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CY2020 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
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12515000 USD
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EquitySecuritiesFvNiUnrealizedGainLoss
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CY2020 ess Companys Share Of Gain On Sales Of Real Estate
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64967000 USD
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3717000 USD
CY2018 us-gaap Gains Losses On Extinguishment Of Debt
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0 USD
CY2020 ess Gain On Remeasurement Of Co Investment
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234694000 USD
CY2019 ess Gain On Remeasurement Of Co Investment
GainOnRemeasurementOfCoInvestment
31535000 USD
CY2018 ess Gain On Remeasurement Of Co Investment
GainOnRemeasurementOfCoInvestment
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CY2020 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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3730000 USD
CY2019 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2018 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2019 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
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CY2020 us-gaap Increase Decrease In Other Operating Liabilities
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CY2019 us-gaap Increase Decrease In Other Operating Liabilities
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2206000 USD
CY2018 us-gaap Increase Decrease In Other Operating Liabilities
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48980000 USD
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CY2019 us-gaap Payments To Acquire Notes Receivable
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231400000 USD
CY2018 us-gaap Payments To Acquire Notes Receivable
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CY2019 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
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CY2018 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
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CY2019 us-gaap Payments To Acquire Equity Method Investments
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CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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81094000 USD
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CY2019 us-gaap Increase Decrease In Restricted Cash And Investments For Operating Activities
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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
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CY2020 us-gaap Net Cash Provided By Used In Investing Activities
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CY2019 us-gaap Net Cash Provided By Used In Investing Activities
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CY2018 us-gaap Net Cash Provided By Used In Investing Activities
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CY2020 us-gaap Proceeds From Issuance Of Long Term Debt
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CY2019 us-gaap Repayments Of Long Term Debt
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CY2020 us-gaap Proceeds From Lines Of Credit
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CY2020 us-gaap Payments For Repurchase Of Common Stock
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CY2018 us-gaap Payments For Repurchase Of Common Stock
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CY2020 us-gaap Payment Of Financing And Stock Issuance Costs
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4250000 USD
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1406000 USD
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CY2020 us-gaap Proceeds From Stock Options Exercised
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CY2019 us-gaap Proceeds From Stock Options Exercised
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CY2018 us-gaap Proceeds From Stock Options Exercised
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CY2020 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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CY2019 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
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CY2018 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
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CY2020 us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
30990000 USD
CY2019 us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
27993000 USD
CY2018 us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
29050000 USD
CY2020 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
3113000 USD
CY2019 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
36568000 USD
CY2018 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
1333000 USD
CY2020 us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
872000 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
CY2020 us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
536098000 USD
CY2019 us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
507754000 USD
CY2018 us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
484182000 USD
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-383261000 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
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
2947000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-70301000 USD
CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
90269000 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
CY2019 us-gaap Interest Paid Net
InterestPaidNet
194418000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
151395000 USD
CY2020 us-gaap Interest Paid Net
InterestPaidNet
211732000 USD
CY2018 us-gaap Interest Paid Net
InterestPaidNet
203803000 USD
CY2020 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
14615000 USD
CY2019 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
24169000 USD
CY2018 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
18708000 USD
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
6892000 USD
CY2019 us-gaap Operating Lease Payments
OperatingLeasePayments
6811000 USD
CY2018 us-gaap Operating Lease Payments
OperatingLeasePayments
0 USD
CY2020 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
0 USD
CY2019 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
0 USD
CY2018 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
7919000 USD
CY2020 us-gaap Stock Issued1
StockIssued1
0 USD
CY2019 us-gaap Stock Issued1
StockIssued1
65472000 USD
CY2018 us-gaap Stock Issued1
StockIssued1
0 USD
CY2020 ess Transfer From Real Estate Under Development To Rental Properties
TransferFromRealEstateUnderDevelopmentToRentalProperties
253039000 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
CY2020 ess Transfer From Real Estate Under Development To Co Investments
TransferFromRealEstateUnderDevelopmentToCoInvestments
1739000 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
CY2020 ess Reclassification From To Redeemable Noncontrolling Interest
ReclassificationFromToRedeemableNoncontrollingInterest
-4299000 USD
CY2019 ess Reclassification From To Redeemable Noncontrolling Interest
ReclassificationFromToRedeemableNoncontrollingInterest
2008000 USD
CY2018 ess Reclassification From To Redeemable Noncontrolling Interest
ReclassificationFromToRedeemableNoncontrollingInterest
1165000 USD
CY2020 ess Redemption Of Redeemable Noncontrolling Interest Decrease In Note Receivable
RedemptionOfRedeemableNoncontrollingInterestDecreaseInNoteReceivable
0 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
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
77645000 USD
CY2018 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 USD
CY2020 ess Initial Recognition In Operating Lease Liabilities
InitialRecognitionInOperatingLeaseLiabilities
0 USD
CY2019 ess Initial Recognition In Operating Lease Liabilities
InitialRecognitionInOperatingLeaseLiabilities
79693000 USD
CY2018 ess Initial Recognition In Operating Lease Liabilities
InitialRecognitionInOperatingLeaseLiabilities
0 USD
CY2020 us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
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
CY2020 ess Repayment Of Mortgage Note From New Financing Proceeds
RepaymentOfMortgageNoteFromNewFinancingProceeds
0 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
CY2019Q4 ess Noncontrolling Interest Operating Partnership
NoncontrollingInterestOperatingPartnership
0.034
CY2020Q4 ess Noncontrolling Interest Operating Partnership
NoncontrollingInterestOperatingPartnership
0.034
CY2020Q4 ess Operating Partnership Units Outstanding
OperatingPartnershipUnitsOutstanding
2294760 shares
CY2019Q4 ess Operating Partnership Units Outstanding
OperatingPartnershipUnitsOutstanding
2301653 shares
CY2020Q4 ess Redemption Value Of Operating Partnership Units Outstanding
RedemptionValueOfOperatingPartnershipUnitsOutstanding
544800000 USD
CY2019Q4 ess Redemption Value Of Operating Partnership Units Outstanding
RedemptionValueOfOperatingPartnershipUnitsOutstanding
692500000 USD
CY2020Q4 ess Number Of Apartment Communities Owned
NumberOfApartmentCommunitiesOwned
246 community
CY2020Q4 ess Aggregate Apartment Units Owned
AggregateApartmentUnitsOwned
60272 apartment
CY2020Q4 ess Ownership Interests Number Of Commercial Buildings
OwnershipInterestsNumberOfCommercialBuildings
1 building
CY2020Q4 ess Ownership Interests Number Of Consolidated Projects
OwnershipInterestsNumberOfConsolidatedProjects
3 project
CY2020Q4 ess Ownership Interests Number Of Unconsolidated Projects
OwnershipInterestsNumberOfUnconsolidatedProjects
3 investment
CY2019Q4 ess Noncontrolling Interest Operating Partnership
NoncontrollingInterestOperatingPartnership
0.034
CY2020Q4 ess Noncontrolling Interest Operating Partnership
NoncontrollingInterestOperatingPartnership
0.034
CY2020 ess Thresholdusefullifeofassetsforcapitalization
Thresholdusefullifeofassetsforcapitalization
P1Y
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
4700000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1200000 USD
CY2020Q4 ess Numberof Assets Held For Sale
NumberofAssetsHeldForSale
2 community
CY2019Q4 ess Numberof Assets Held For Sale
NumberofAssetsHeldForSale
0 community
CY2020 us-gaap Asset Impairment Charges
AssetImpairmentCharges
1800000 USD
CY2018 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 USD
CY2019 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
11500000 USD
CY2020 ess Leasetermsminimum
Leasetermsminimum
P9M
CY2020 ess Leasetermsmaximum
Leasetermsmaximum
P12M
CY2020 ess Originalmaturitieshighlyliquidinvestmentstermclassificationascashequivalentsmaximum
Originalmaturitieshighlyliquidinvestmentstermclassificationascashequivalentsmaximum
P3M
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
73629000 USD
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
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
10412000 USD
CY2019Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
11007000 USD
CY2018Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
16930000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
84041000 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
CY2019Q4 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
3600000 USD
CY2020Q4 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
2500000 USD
CY2020Q4 ess Marketable Securities Amortized Cost
MarketableSecuritiesAmortizedCost
131770000 USD
CY2020Q4 ess Marketable Securities Accumulated Gross Unrealized Gain Loss Before Tax
MarketableSecuritiesAccumulatedGrossUnrealizedGainLossBeforeTax
15998000 USD
CY2020Q4 us-gaap Marketable Securities
MarketableSecurities
147768000 USD
CY2020Q4 ess Marketable Securities Allowance For Credit Loss
MarketableSecuritiesAllowanceForCreditLoss
0 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
CY2020 us-gaap Proceeds From Maturities Prepayments And Calls Of Mortgage Backed Securities Mbs
ProceedsFromMaturitiesPrepaymentsAndCallsOfMortgageBackedSecuritiesMBS
91700000 USD
CY2019 us-gaap Proceeds From Maturities Prepayments And Calls Of Mortgage Backed Securities Mbs
ProceedsFromMaturitiesPrepaymentsAndCallsOfMortgageBackedSecuritiesMBS
83100000 USD
CY2020 us-gaap Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
11800000 USD
CY2019 us-gaap Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
7000000.0 USD
CY2020 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
113500000 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
CY2020 us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
2100000 USD
CY2019 us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
1300000 USD
CY2018 us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
700000 USD
CY2020 us-gaap Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
11800000 USD
CY2020 ess Capitalized Internal Costs Related To Development And Redevelopment Projects
CapitalizedInternalCostsRelatedToDevelopmentAndRedevelopmentProjects
31400000 USD
CY2019 ess Capitalized Internal Costs Related To Development And Redevelopment Projects
CapitalizedInternalCostsRelatedToDevelopmentAndRedevelopmentProjects
42100000 USD
CY2018 ess Capitalized Internal Costs Related To Development And Redevelopment Projects
CapitalizedInternalCostsRelatedToDevelopmentAndRedevelopmentProjects
37300000 USD
CY2020Q4 ess Fixed Rate Debt Carrying Amount
FixedRateDebtCarryingAmount
5500000000 USD
CY2019Q4 ess Fixed Rate Debt Carrying Amount
FixedRateDebtCarryingAmount
5200000000 USD
CY2020Q4 ess Fixed Rate Debt Fair Value
FixedRateDebtFairValue
6000000000.0 USD
CY2019Q4 ess Fixed Rate Debt Fair Value
FixedRateDebtFairValue
5400000000 USD
CY2020Q4 ess Variable Rate Debt Carrying Amount
VariableRateDebtCarryingAmount
775100000 USD
CY2019Q4 ess Variable Rate Debt Carrying Amount
VariableRateDebtCarryingAmount
660400000 USD
CY2020Q4 ess Variable Rate Debt Fair Value
VariableRateDebtFairValue
770100000 USD
CY2019Q4 ess Variable Rate Debt Fair Value
VariableRateDebtFairValue
655800000 USD
CY2019Q4 us-gaap Proceeds From Maturities Prepayments And Calls Of Mortgage Backed Securities Mbs
ProceedsFromMaturitiesPrepaymentsAndCallsOfMortgageBackedSecuritiesMBS
83100000 USD
CY2020 us-gaap Proceeds From Maturities Prepayments And Calls Of Mortgage Backed Securities Mbs
ProceedsFromMaturitiesPrepaymentsAndCallsOfMortgageBackedSecuritiesMBS
91700000 USD
CY2020Q4 us-gaap Mortgage Backed Securities Available For Sale Fair Value Disclosure
MortgageBackedSecuritiesAvailableForSaleFairValueDisclosure
0 USD
CY2019Q4 us-gaap Mortgage Backed Securities Available For Sale Fair Value Disclosure
MortgageBackedSecuritiesAvailableForSaleFairValueDisclosure
72700000 USD
CY2020 us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
4215000 USD
CY2020 us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
5056000 USD
CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-841000 USD
CY2020Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
32200000 USD
CY2019Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
37400000 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
CY2020 ess Noncontrolling Interest Reset Of Prior Year Redemptions
NoncontrollingInterestResetOfPriorYearRedemptions
-4299000 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
CY2020 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
872000 USD
CY2019 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
73000 USD
CY2018 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
4895000 USD
CY2020Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
32239000 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
CY2020 us-gaap Use Of Estimates
UseOfEstimates
Accounting EstimatesThe 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.
CY2020Q4 ess Number Of Downreit Limited Partnerships Consolidated By Company
NumberOfDownreitLimitedPartnershipsConsolidatedByCompany
17 partnership
CY2020Q4 ess Number Of Communities Within Downreit Partnerships
NumberOfCommunitiesWithinDownreitPartnerships
9 community
CY2020Q4 ess Variable Interest Entity Number Of Consolidated Coinvestments Determined To Be Variable Interest Entities
VariableInterestEntityNumberOfConsolidatedCoinvestmentsDeterminedToBeVariableInterestEntities
5 investment
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
CY2020Q4 ess Assets Related To Variable Interest Entities Net Intercompany Eliminations
AssetsRelatedToVariableInterestEntitiesNetIntercompanyEliminations
898500000 USD
CY2020Q4 ess Liabilities Related To Variable Interest Entities Net Of Intercompany Eliminations
LiabilitiesRelatedToVariableInterestEntitiesNetOfIntercompanyEliminations
326800000 USD
CY2019Q4 ess Assets Related To Variable Interest Entities Net Intercompany Eliminations
AssetsRelatedToVariableInterestEntitiesNetIntercompanyEliminations
1000000000.0 USD
CY2019Q4 ess Liabilities Related To Variable Interest Entities Net Of Intercompany Eliminations
LiabilitiesRelatedToVariableInterestEntitiesNetOfIntercompanyEliminations
364300000 USD
CY2020Q4 us-gaap Noncontrolling Interest In Variable Interest Entity
NoncontrollingInterestInVariableInterestEntity
120800000 USD
CY2019Q4 us-gaap Noncontrolling Interest In Variable Interest Entity
NoncontrollingInterestInVariableInterestEntity
122500000 USD
CY2020Q4 ess Number Of Communities Within Downreit Partnerships
NumberOfCommunitiesWithinDownreitPartnerships
9 community
CY2020Q4 ess Units Of Limited Partnership Interest Amount
UnitsOfLimitedPartnershipInterestAmount
1017460 shares
CY2019Q4 ess Units Of Limited Partnership Interest Amount
UnitsOfLimitedPartnershipInterestAmount
1033907 shares
CY2020Q4 ess Redemption Value Of Variable Interest Entities
RedemptionValueOfVariableInterestEntities
241600000 USD
CY2019Q4 ess Redemption Value Of Variable Interest Entities
RedemptionValueOfVariableInterestEntities
311100000 USD
CY2020Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
32200000 USD
CY2019Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
37400000 USD
CY2020Q4 ess Redeemable Noncontrolling Interest Equity Carrying Amount Variable Interest Entities
RedeemableNoncontrollingInterestEquityCarryingAmountVariableInterestEntities
11900000 USD
CY2019Q4 ess Redeemable Noncontrolling Interest Equity Carrying Amount Variable Interest Entities
RedeemableNoncontrollingInterestEquityCarryingAmountVariableInterestEntities
13000000.0 USD
CY2020Q4 us-gaap Minority Interest In Limited Partnerships
MinorityInterestInLimitedPartnerships
97400000 USD
CY2019Q4 us-gaap Minority Interest In Limited Partnerships
MinorityInterestInLimitedPartnerships
97700000 USD
CY2020 ess Number Of Units Acquired
NumberOfUnitsAcquired
2020 unit
CY2020 us-gaap Business Combination Consideration Transferred1
BusinessCombinationConsiderationTransferred1
463400000 USD
CY2019 us-gaap Business Combination Consideration Transferred1
BusinessCombinationConsiderationTransferred1
373300000 USD
CY2020Q4 ess Number Of Apartment Communities Owned
NumberOfApartmentCommunitiesOwned
2 apartment
CY2020 ess Number Of Apartment Units
NumberOfApartmentUnits
439 apartment
CY2020Q4 ess Investments In Distributions In Excess Of Investments In And Advance To Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInDistributionsInExcessOfInvestmentsInAndAdvanceToAffiliatesSubsidiariesAssociatesAndJointVentures
1018010000 USD
CY2019Q4 ess Investments In Distributions In Excess Of Investments In And Advance To Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInDistributionsInExcessOfInvestmentsInAndAdvanceToAffiliatesSubsidiariesAssociatesAndJointVentures
1335339000 USD
CY2020Q4 ess Ownership Interests Number Of Consolidated Projects
OwnershipInterestsNumberOfConsolidatedProjects
3 project
CY2020Q4 ess Ownership Interests Number Of Unconsolidated Projects
OwnershipInterestsNumberOfUnconsolidatedProjects
3 investment
CY2020Q4 ess Number Of Units To Be Developed
NumberOfUnitsToBeDeveloped
1853 unit
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
9598000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
9527000 USD
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
9183000 USD
CY2020 us-gaap Revenues
Revenues
1495748000 USD
CY2019 us-gaap Revenues
Revenues
1460155000 USD
CY2018 us-gaap Revenues
Revenues
1400053000 USD
CY2020Q4 ess Real Estate Operations Occupancy Threshold For Classification As Stabilized
RealEstateOperationsOccupancyThresholdForClassificationAsStabilized
0.90
CY2020Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
3100000 USD
CY2019Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
3900000 USD
CY2020 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
800000 USD
CY2020Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
3100000 USD
CY2020Q4 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.23
CY2020Q4 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.45
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
751000 USD
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
0 USD
CY2020Q4 us-gaap Notes Receivable Net
NotesReceivableNet
195104000 USD
CY2019Q4 us-gaap Notes Receivable Net
NotesReceivableNet
134365000 USD
CY2020 ess Management And Other Fees From Affiliates
ManagementAndOtherFeesFromAffiliates
11300000 USD
CY2019 ess Management And Other Fees From Affiliates
ManagementAndOtherFeesFromAffiliates
13800000 USD
CY2018 ess Management And Other Fees From Affiliates
ManagementAndOtherFeesFromAffiliates
13900000 USD
CY2020 ess Related Party Transaction Revenuesfrom Developmentand Redevelopment Fees
RelatedPartyTransactionRevenuesfromDevelopmentandRedevelopmentFees
1700000 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 Equity Method Investment Redeemed Amount
EquityMethodInvestmentRedeemedAmount
5000000.0 USD
CY2018 ess Equity Method Investment Redeemed Amount
EquityMethodInvestmentRedeemedAmount
5000000.0 USD
CY2020Q4 us-gaap Unsecured Debt
UnsecuredDebt
5607985000 USD
CY2019Q4 us-gaap Unsecured Debt
UnsecuredDebt
4763206000 USD
CY2020Q4 ess Unsecured Debt And Line Of Credit
UnsecuredDebtAndLineOfCredit
5607985000 USD
CY2019Q4 ess Unsecured Debt And Line Of Credit
UnsecuredDebtAndLineOfCredit
4818206000 USD
CY2020 ess Line Of Credit Facility Number Of Outstanding Lines
LineOfCreditFacilityNumberOfOutstandingLines
2 line_of_credit
CY2019Q4 us-gaap Senior Notes
SeniorNotes
200000000.0 USD
CY2020Q4 us-gaap Senior Notes
SeniorNotes
200000000.0 USD
CY2020 us-gaap Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
0.044
CY2019 us-gaap Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
0.044
CY2020Q4 us-gaap Senior Notes
SeniorNotes
200000000 USD
CY2019Q4 us-gaap Senior Notes
SeniorNotes
200000000 USD
CY2020Q4 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
4900000000 USD
CY2019Q4 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
4250000000 USD
CY2020Q4 ess Lease Liability
LeaseLiability
74037000 USD
CY2020 ess Line Of Credit Facility Number Of Lines Of Credit
LineOfCreditFacilityNumberOfLinesOfCredit
2 line_of_credit
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
643550000 USD
CY2019Q4 us-gaap Long Term Debt
LongTermDebt
990667000 USD
CY2020 ess Number Of Properties Securing Mortgage Notes
NumberOfPropertiesSecuringMortgageNotes
12 property
CY2019 ess Number Of Properties Securing Mortgage Notes
NumberOfPropertiesSecuringMortgageNotes
24 property
CY2020Q4 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.027
CY2019Q4 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.041
CY2020Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
1800000 USD
CY2019Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
2600000 USD
CY2020 ess Long Term Debt Monthly Interest Expense
LongTermDebtMonthlyInterestExpense
3000000.0 USD
CY2020 ess Long Term Debt Monthly Principal Amortization
LongTermDebtMonthlyPrincipalAmortization
500000 USD
CY2020 ess Long Term Debt Repayment Of Debt Before The Scheduled Maturity Date Prepayment Penalties
LongTermDebtRepaymentOfDebtBeforeTheScheduledMaturityDatePrepaymentPenalties
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.
CY2020Q4 ess Lessor Operating Lease Number Of Commercial Buildings Under Lease Agreements
LessorOperatingLeaseNumberOfCommercialBuildingsUnderLeaseAgreements
1 building
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
720570000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
34240000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
14971000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
13619000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
11265000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
24855000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
819520000 USD
CY2020 ess Lessee Operating Lease Office Lease Renewal Term
LesseeOperatingLeaseOfficeLeaseRenewalTerm
P5Y
CY2020Q4 ess Lease Right Of Use Asset
LeaseRightOfUseAsset
72143000 USD
CY2019Q4 ess Lease Right Of Use Asset
LeaseRightOfUseAsset
74744000 USD
CY2019Q4 ess Lease Liability
LeaseLiability
76740000 USD
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
6749000 USD
CY2019 us-gaap Operating Lease Cost
OperatingLeaseCost
6745000 USD
CY2020 us-gaap Variable Lease Cost
VariableLeaseCost
1436000 USD
CY2019 us-gaap Variable Lease Cost
VariableLeaseCost
783000 USD
CY2020 us-gaap Short Term Lease Cost
ShortTermLeaseCost
432000 USD
CY2019 us-gaap Short Term Lease Cost
ShortTermLeaseCost
610000 USD
CY2020 us-gaap Sublease Income
SubleaseIncome
438000 USD
CY2019 us-gaap Sublease Income
SubleaseIncome
436000 USD
CY2020 us-gaap Lease Cost
LeaseCost
8179000 USD
CY2019 us-gaap Lease Cost
LeaseCost
7702000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
6963000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
6987000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
6962000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
6690000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
6310000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
140417000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
174329000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
100292000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
74037000 USD
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P39Y
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P39Y
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0500
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0499
CY2020Q4 ess Redemption Value Of Operating Partnership Units Outstanding
RedemptionValueOfOperatingPartnershipUnitsOutstanding
544800000 USD
CY2019Q4 ess Redemption Value Of Operating Partnership Units Outstanding
RedemptionValueOfOperatingPartnershipUnitsOutstanding
692500000 USD
CY2020 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
568870000 USD
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
65454057 shares
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
8.69
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
CY2020 ess Income From Continuing Operations Available To Common Stockholders1
IncomeFromContinuingOperationsAvailableToCommonStockholders1
569653000 USD
CY2020 ess Adjusted Income From Continuing Operations Available To Common Stockholders
AdjustedIncomeFromContinuingOperationsAvailableToCommonStockholders
65564982 shares
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
8.69
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
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
2000000 shares
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Accelerated Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardAcceleratedCompensationCost
3500000 USD
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Accelerated Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardAcceleratedCompensationCost
3500000 USD
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Accelerated Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardAcceleratedCompensationCost
3500000 USD
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
3400000 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
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
20.69
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
CY2020 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 Option1
SharebasedCompensationArrangementbySharebasedPaymentAwardCapOnAppreciationofTheMarketPriceOverTheExercisePriceOption1
100 USD
CY2018 ess Sharebased Compensation Arrangementby Sharebased Payment Award Cap On Appreciationof The Market Price Over The Exercise Price Option1
SharebasedCompensationArrangementbySharebasedPaymentAwardCapOnAppreciationofTheMarketPriceOverTheExercisePriceOption1
100 USD
CY2018 ess Sharebased Compensation Arrangementby Sharebased Payment Award Cap On Appreciationof The Market Price Over The Exercise Price Option2
SharebasedCompensationArrangementbySharebasedPaymentAwardCapOnAppreciationofTheMarketPriceOverTheExercisePriceOption2
125 USD
CY2019 ess Sharebased Compensation Arrangementby Sharebased Payment Award Cap On Appreciationof The Market Price Over The Exercise Price Option2
SharebasedCompensationArrangementbySharebasedPaymentAwardCapOnAppreciationofTheMarketPriceOverTheExercisePriceOption2
125 USD
CY2020 ess Sharebased Compensation Arrangementby Sharebased Payment Award Cap On Appreciationof The Market Price Over The Exercise Price Option2
SharebasedCompensationArrangementbySharebasedPaymentAwardCapOnAppreciationofTheMarketPriceOverTheExercisePriceOption2
125 USD
CY2020 ess Stock Price
StockPrice
244.74
CY2019 ess Stock Price
StockPrice
304.85
CY2018 ess Stock Price
StockPrice
262.09
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0083
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
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y
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
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.2572
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.1956
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.2489
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0293
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
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
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
149020 shares
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
244.74
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
148147 shares
CY2020 ess Net Operating Income From Segments
NetOperatingIncomeFromSegments
1045750000 USD
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
CY2020 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
70802 shares
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
208.57
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
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
38080 shares
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
228.64
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
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
613109 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
255.86
CY2019 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
-3164000 USD
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
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
361985 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
245.83
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
CY2020 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segment
CY2019 ess Net Operating Income From Segments
NetOperatingIncomeFromSegments
1054101000 USD
CY2018 ess Net Operating Income From Segments
NetOperatingIncomeFromSegments
1006529000 USD
CY2020 ess Corporate Property Management Expenses
CorporatePropertyManagementExpenses
34573000 USD
CY2019 ess Corporate Property Management Expenses
CorporatePropertyManagementExpenses
34067000 USD
CY2018 ess Corporate Property Management Expenses
CorporatePropertyManagementExpenses
32055000 USD
CY2020 us-gaap Depreciation
Depreciation
525497000 USD
CY2019 us-gaap Depreciation
Depreciation
483750000 USD
CY2018 us-gaap Depreciation
Depreciation
479884000 USD
CY2020 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
65388000 USD
CY2019 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
54262000 USD
CY2018 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
53451000 USD
CY2020 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
1591000 USD
CY2019 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
168000 USD
CY2018 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
194000 USD
CY2020 us-gaap Asset Impairment Charges
AssetImpairmentCharges
1825000 USD
CY2019 us-gaap Asset Impairment Charges
AssetImpairmentCharges
7105000 USD
CY2018 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 USD
CY2020 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
64967000 USD
CY2018 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
61861000 USD
CY2020 us-gaap Interest Expense
InterestExpense
220633000 USD
CY2019 us-gaap Interest Expense
InterestExpense
217339000 USD
CY2018 us-gaap Interest Expense
InterestExpense
220492000 USD
CY2020 us-gaap Derivative Gain On Derivative
DerivativeGainOnDerivative
10733000 USD
CY2019 us-gaap Derivative Gain On Derivative
DerivativeGainOnDerivative
8446000 USD
CY2018 us-gaap Derivative Gain On Derivative
DerivativeGainOnDerivative
8707000 USD
CY2020 us-gaap Interest And Other Income
InterestAndOtherIncome
40999000 USD
CY2019 us-gaap Interest And Other Income
InterestAndOtherIncome
46298000 USD
CY2018 us-gaap Interest And Other Income
InterestAndOtherIncome
23010000 USD
CY2020 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
66512000 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
CY2020 us-gaap Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
1531000 USD
CY2019 us-gaap Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
1457000 USD
CY2018 us-gaap Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
0 USD
CY2020 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-22883000 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
CY2020 ess Gain On Remeasurement Of Co Investment
GainOnRemeasurementOfCoInvestment
234694000 USD
CY2019 ess Gain On Remeasurement Of Co Investment
GainOnRemeasurementOfCoInvestment
31535000 USD
CY2018 ess Gain On Remeasurement Of Co Investment
GainOnRemeasurementOfCoInvestment
1253000 USD
CY2020 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
599332000 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
CY2020Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
10927786000 USD
CY2019Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
10348660000 USD
CY2020Q4 us-gaap Development In Process
DevelopmentInProcess
386047000 USD
CY2019Q4 us-gaap Development In Process
DevelopmentInProcess
546075000 USD
CY2020Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
1018010000 USD
CY2019Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
1335339000 USD
CY2020Q4 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
57938000 USD
CY2019Q4 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
0 USD
CY2020Q4 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
84041000 USD
CY2019Q4 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
81094000 USD
CY2020Q4 us-gaap Marketable Securities
MarketableSecurities
147768000 USD
CY2019Q4 us-gaap Marketable Securities
MarketableSecurities
144193000 USD
CY2020Q4 us-gaap Notes Receivable Net
NotesReceivableNet
195104000 USD
CY2019Q4 us-gaap Notes Receivable Net
NotesReceivableNet
134365000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
72143000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
74744000 USD
CY2020Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
47340000 USD
CY2019Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
40935000 USD
CY2020Q4 us-gaap Assets
Assets
12936177000 USD
CY2019Q4 us-gaap Assets
Assets
12705405000 USD
CY2020 us-gaap Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
0.50
CY2020 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
2700000 USD
CY2019 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
2400000 USD
CY2018 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
2100000 USD
CY2020Q4 ess Property Casualty Insurance Deductible Per Incident Maximum
PropertyCasualtyInsuranceDeductiblePerIncidentMaximum
5000000.0 USD
CY2020Q4 srt Real Estate And Accumulated Depreciation Amount Of Encumbrances
RealEstateAndAccumulatedDepreciationAmountOfEncumbrances
643550000 USD
CY2020Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Land
RealEstateAndAccumulatedDepreciationInitialCostOfLand
2887393000 USD
CY2020Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements
10154628000 USD
CY2020Q4 us-gaap Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Carrying Costs
RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionCarryingCosts
2019724000 USD
CY2020Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Land
RealEstateAndAccumulatedDepreciationCarryingAmountOfLand
2929009000 USD
CY2020Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements
12132736000 USD
CY2020Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
15061745000 USD
CY2020Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
4133959000 USD
CY2020 ess Aggregate Cost For Federal Income Tax Purpose
AggregateCostForFederalIncomeTaxPurpose
11600000000 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
CY2020 ess Sec Schedule Iiir Eal Estate Improvements Acquisitions And Developments
SECScheduleIIIREalEstateImprovementsAcquisitionsAndDevelopments
1426505000 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
CY2020 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
518629000 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
CY2020 us-gaap Real Estate Other Deductions
RealEstateOtherDeductions
402902000 USD
CY2019 us-gaap Real Estate Other Deductions
RealEstateOtherDeductions
0 USD
CY2018 us-gaap Real Estate Other Deductions
RealEstateOtherDeductions
321958000 USD
CY2020 us-gaap Real Estate Accumulated Depreciation Other Deductions
RealEstateAccumulatedDepreciationOtherDeductions
74152000 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
CY2020Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
4133959000 USD
CY2019Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
3689482000 USD
CY2018Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
3209548000 USD

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