2022 Q3 Form 10-Q Financial Statement

#000092052222000057 Filed on July 27, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2021 Q4
Revenue $409.7M $400.0M $371.6M
YoY Change 12.92% 13.96% 2.62%
Cost Of Revenue $120.0M $113.5M $112.0M
YoY Change 4.09% 5.61% 1.13%
Gross Profit $289.7M $286.5M $259.6M
YoY Change 17.04% 17.65% 3.32%
Gross Profit Margin 70.7% 71.62% 69.87%
Selling, General & Admin $25.36M $23.30M $26.16M
YoY Change 16.42% 9.27% -17.48%
% of Gross Profit 8.75% 8.13% 10.08%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $135.5M $134.5M $132.2M
YoY Change 3.79% 4.49% 1.6%
% of Gross Profit 46.78% 46.96% 50.91%
Operating Expenses $160.9M $157.8M $158.3M
YoY Change 5.59% 5.17% -2.14%
Operating Profit $128.6M $128.6M $101.3M
YoY Change -6.79% 37.75% 13.19%
Interest Expense $51.65M $50.48M $53.17M
YoY Change 3.25% -0.97% -570.51%
% of Operating Profit 40.16% 39.24% 52.49%
Other Income/Expense, Net -$1.755M $6.864M -$10.28M
YoY Change -42.29% -472.64% -10377.0%
Pretax Income $98.70M $61.69M $144.1M
YoY Change -21.04% -11.38% 41.86%
Income Tax
% Of Pretax Income
Net Earnings $98.70M $61.69M $136.9M
YoY Change -21.04% -11.38% 43.02%
Net Earnings / Revenue 24.09% 15.42% 36.83%
Basic Earnings Per Share $1.43 $0.87
Diluted Earnings Per Share $1.43 $0.87 $2.100M
COMMON SHARES
Basic Shares Outstanding 65.12M shares 65.26M shares 65.09M shares
Diluted Shares Outstanding 65.07M shares 65.29M shares

Balance Sheet

Concept 2022 Q3 2022 Q2 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $184.4M $192.3M $240.2M
YoY Change -20.87% -14.14% 8.52%
Cash & Equivalents $42.71M $37.76M $48.42M
Short-Term Investments $141.7M $154.5M $191.8M
Other Short-Term Assets $72.17M $67.75M $64.96M
YoY Change 14.39% 26.68% 38.22%
Inventory $23.75M $21.95M $111.6M
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $172.7M $157.3M $254.9M
YoY Change -52.01% -54.84% -57.86%
LONG-TERM ASSETS
Property, Plant & Equipment $10.99B $11.00B $11.05B
YoY Change 0.16% 0.2% 0.47%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $1.287B $1.248B $1.370B
YoY Change 1.74% 2.86% 17.46%
Other Assets $10.86M $10.71M $10.22M
YoY Change -1.67% 6.85% 2.18%
Total Long-Term Assets $12.45B $12.40B $12.74B
YoY Change 0.18% 0.01% 3.34%
TOTAL ASSETS
Total Short-Term Assets $172.7M $157.3M $254.9M
Total Long-Term Assets $12.45B $12.40B $12.74B
Total Assets $12.62B $12.56B $13.00B
YoY Change -1.28% -1.48% 0.48%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $222.3M $171.6M $180.8M
YoY Change 0.86% 7.18% 18.14%
Accrued Expenses $68.04M $68.92M $70.68M
YoY Change -4.86% -4.75% -4.49%
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 $465.8M $422.0M $423.8M
YoY Change -0.42% 3.61% 5.94%
LONG-TERM LIABILITIES
Long-Term Debt $6.167B $6.010B $6.287B
YoY Change 1.29% -1.96% 0.57%
Other Long-Term Liabilities $478.9M $86.01M $75.51M
YoY Change 604.37% 125.94% 9.44%
Total Long-Term Liabilities $6.646B $6.096B $6.363B
YoY Change 7.95% -1.17% 0.66%
TOTAL LIABILITIES
Total Short-Term Liabilities $465.8M $422.0M $423.8M
Total Long-Term Liabilities $6.646B $6.096B $6.363B
Total Liabilities $6.714B $6.518B $6.787B
YoY Change 1.36% -0.87% 0.98%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $6.000K $7.000K $7.000K
YoY Change -14.29% 0.0% 16.67%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $5.703B $5.828B $5.994B
YoY Change
Total Liabilities & Shareholders Equity $12.62B $12.56B $13.00B
YoY Change -1.28% -1.48% 0.48%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2021 Q4
OPERATING ACTIVITIES
Net Income $98.70M $61.69M $136.9M
YoY Change -21.04% -11.38% 43.02%
Depreciation, Depletion And Amortization $135.5M $134.5M $132.2M
YoY Change 3.79% 4.49% 1.6%
Cash From Operating Activities $299.2M $194.4M $205.4M
YoY Change 10.07% -16.48% 37.2%
INVESTING ACTIVITIES
Capital Expenditures -$96.26M -$73.47M -$115.1M
YoY Change -35.36% -2.41% 118.04%
Acquisitions
YoY Change
Other Investing Activities -$74.78M $69.40M -$187.1M
YoY Change -225.99% -189.84% 201.23%
Cash From Investing Activities -$171.0M -$4.067M -$302.2M
YoY Change 90.94% -97.33% 163.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -123.1M -250.4M 94.49M
YoY Change -31.43% 84.81% -118.18%
NET CHANGE
Cash From Operating Activities 299.2M 194.4M 205.4M
Cash From Investing Activities -171.0M -4.067M -302.2M
Cash From Financing Activities -123.1M -250.4M 94.49M
Net Change In Cash 5.106M -60.09M -2.314M
YoY Change 83.93% 8.73% -99.52%
FREE CASH FLOW
Cash From Operating Activities $299.2M $194.4M $205.4M
Capital Expenditures -$96.26M -$73.47M -$115.1M
Free Cash Flow $395.4M $267.9M $320.5M
YoY Change -6.01% -13.04% 58.28%

Facts In Submission

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-16465000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-18982000 usd
CY2022Q2 ess Gain On Remeasurement Of Co Investment
GainOnRemeasurementOfCoInvestment
0 usd
CY2021Q2 ess Gain On Remeasurement Of Co Investment
GainOnRemeasurementOfCoInvestment
2260000 usd
ess Gain On Remeasurement Of Co Investment
GainOnRemeasurementOfCoInvestment
0 usd
ess Gain On Remeasurement Of Co Investment
GainOnRemeasurementOfCoInvestment
2260000 usd
CY2022Q2 us-gaap Profit Loss
ProfitLoss
61690000 usd
CY2021Q2 us-gaap Profit Loss
ProfitLoss
69615000 usd
us-gaap Profit Loss
ProfitLoss
140065000 usd
us-gaap Profit Loss
ProfitLoss
246564000 usd
CY2022Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
4636000 usd
CY2021Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
4769000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
13274000 usd
CY2022Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
57054000 usd
CY2021Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
64846000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
130308000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
233290000 usd
CY2022Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
73400000 usd
CY2021Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
70259000 usd
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
172256000 usd
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
251700000 usd
CY2022Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
5029000 usd
CY2021Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
4791000 usd
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
10842000 usd
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
13449000 usd
CY2022Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
68371000 usd
CY2021Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
65468000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
161414000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
238251000 usd
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.87
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.00
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.00
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.59
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
65262517 shares
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
65001677 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
65269109 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
64995682 shares
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.87
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.00
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.00
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.59
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
65289603 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
65080746 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
65307572 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
65048016 shares
CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6138207000 usd
CY2022Q2 us-gaap Profit Loss
ProfitLoss
61690000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
11812000 usd
CY2022Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-102000 usd
CY2022Q2 ess Stock Option And Restricted Stock Plans
StockOptionAndRestrictedStockPlans
172000 usd
CY2022Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
-66000 usd
CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2662000 usd
CY2022Q2 us-gaap Treasury Stock Retired Par Value Method Amount
TreasuryStockRetiredParValueMethodAmount
60830000 usd
CY2022Q2 us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
6295000 usd
CY2022Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
7622000 usd
CY2022Q2 ess Redemptions Of Noncontrolling Interest
RedemptionsOfNoncontrollingInterest
2335000 usd
CY2022Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
2.20
CY2022Q2 us-gaap Dividends Common Stock
DividendsCommonStock
143298000 usd
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6006585000 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6176508000 usd
us-gaap Profit Loss
ProfitLoss
140065000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
31895000 usd
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
296000 usd
ess Stock Option And Restricted Stock Plans
StockOptionAndRestrictedStockPlans
17039000 usd
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
-207000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
5125000 usd
us-gaap Treasury Stock Retired Par Value Method Amount
TreasuryStockRetiredParValueMethodAmount
60830000 usd
us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
1223000 usd
us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
125000 usd
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
15241000 usd
ess Redemptions Of Noncontrolling Interest
RedemptionsOfNoncontrollingInterest
2361000 usd
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
4.40
us-gaap Dividends Common Stock
DividendsCommonStock
287052000 usd
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6006585000 usd
CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6210931000 usd
CY2021Q2 us-gaap Profit Loss
ProfitLoss
69615000 usd
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
-84000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
7867000 usd
CY2021Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
472000 usd
CY2021Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
172000 usd
CY2021Q2 ess Stock Option And Restricted Stock Plans
StockOptionAndRestrictedStockPlans
574000 usd
CY2021Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
-84000 usd
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2785000 usd
CY2021Q2 us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
-2512000 usd
CY2021Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
7303000 usd
CY2021Q2 ess Redemptions Of Noncontrolling Interest
RedemptionsOfNoncontrollingInterest
2063000 usd
CY2021Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
2.09
CY2021Q2 us-gaap Dividends Common Stock
DividendsCommonStock
135884000 usd
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6136703000 usd
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6183192000 usd
us-gaap Profit Loss
ProfitLoss
246564000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
4879000 usd
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
257000 usd
ess Stock Option And Restricted Stock Plans
StockOptionAndRestrictedStockPlans
-3170000 usd
us-gaap Treasury Stock Retired Par Value Method Amount
TreasuryStockRetiredParValueMethodAmount
9172000 usd
us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
-6595000 usd
us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
1900000 usd
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
14857000 usd
ess Redemptions Of Noncontrolling Interest
RedemptionsOfNoncontrollingInterest
2318000 usd
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
4.18
us-gaap Dividends Common Stock
DividendsCommonStock
271760000 usd
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6136703000 usd
us-gaap Profit Loss
ProfitLoss
140065000 usd
us-gaap Profit Loss
ProfitLoss
246564000 usd
us-gaap Straight Line Rent
StraightLineRent
-4570000 usd
us-gaap Straight Line Rent
StraightLineRent
-5825000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
268050000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
257323000 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
3332000 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
6311000 usd
us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
12430000 usd
us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
2499000 usd
ess Notes Receivable Early Redemption Fee Received
NotesReceivableEarlyRedemptionFeeReceived
0 usd
ess Notes Receivable Early Redemption Fee Received
NotesReceivableEarlyRedemptionFeeReceived
4747000 usd
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
63000 usd
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
-107000 usd
us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
-46441000 usd
us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
16681000 usd
ess Gain Loss From Equity Method Investments
GainLossFromEquityMethodInvestments
12771000 usd
ess Gain Loss From Equity Method Investments
GainLossFromEquityMethodInvestments
35259000 usd
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
67834000 usd
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
57364000 usd
us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
6974000 usd
us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
8530000 usd
ess Companys Share Of Gain On Sales Of Real Estate
CompanysShareOfGainOnSalesOfRealEstate
0 usd
ess Companys Share Of Gain On Sales Of Real Estate
CompanysShareOfGainOnSalesOfRealEstate
100096000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
4788000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
3776000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-18982000 usd
ess Gain On Remeasurement Of Co Investment
GainOnRemeasurementOfCoInvestment
0 usd
ess Gain On Remeasurement Of Co Investment
GainOnRemeasurementOfCoInvestment
2260000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-15406000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
5348000 usd
us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
-10887000 usd
us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
3209000 usd
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
2058000 usd
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
4244000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
509545000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
428071000 usd
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
223000 usd
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
18418000 usd
ess Redevelopment Expenditures
RedevelopmentExpenditures
47674000 usd
ess Redevelopment Expenditures
RedevelopmentExpenditures
19981000 usd
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
12862000 usd
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
34640000 usd
ess Revenue Generating Capital Expenditures
RevenueGeneratingCapitalExpenditures
62576000 usd
ess Revenue Generating Capital Expenditures
RevenueGeneratingCapitalExpenditures
49044000 usd
us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
136513000 usd
us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
71613000 usd
us-gaap Proceeds From Sale And Collection Of Receivables
ProceedsFromSaleAndCollectionOfReceivables
303088000 usd
us-gaap Proceeds From Sale And Collection Of Receivables
ProceedsFromSaleAndCollectionOfReceivables
36244000 usd
us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
135000 usd
us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
117000 usd
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
0 usd
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
243365000 usd
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
96187000 usd
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
160719000 usd
us-gaap Increase Decrease In Restricted Cash And Investments For Operating Activities
IncreaseDecreaseInRestrictedCashAndInvestmentsForOperatingActivities
16318000 usd
us-gaap Increase Decrease In Restricted Cash And Investments For Operating Activities
IncreaseDecreaseInRestrictedCashAndInvestmentsForOperatingActivities
968000 usd
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
12168000 usd
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
23509000 usd
ess Payments For Proceeds From Sales And Maturities Of Marketable Securities
PaymentsForProceedsFromSalesAndMaturitiesOfMarketableSecurities
-30025000 usd
ess Payments For Proceeds From Sales And Maturities Of Marketable Securities
PaymentsForProceedsFromSalesAndMaturitiesOfMarketableSecurities
-14931000 usd
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
152924000 usd
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
78600000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
101651000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-5635000 usd
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 usd
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
745505000 usd
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1820000 usd
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
951727000 usd
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
670758000 usd
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
453359000 usd
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
948840000 usd
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
368359000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
60830000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
9172000 usd
us-gaap Payment Of Financing And Stock Issuance Costs
PaymentOfFinancingAndStockIssuanceCosts
0 usd
us-gaap Payment Of Financing And Stock Issuance Costs
PaymentOfFinancingAndStockIssuanceCosts
6361000 usd
us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
0 usd
us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
18342000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
-207000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
-84000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
19255000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
2275000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2216000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
5445000 usd
us-gaap Proceeds From Contributions From Affiliates
ProceedsFromContributionsFromAffiliates
125000 usd
us-gaap Proceeds From Contributions From Affiliates
ProceedsFromContributionsFromAffiliates
1900000 usd
us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
14858000 usd
us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
14787000 usd
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
2361000 usd
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
2318000 usd
us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
230000 usd
us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
3808000 usd
us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
280147000 usd
us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
270937000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-621371000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-448301000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-10175000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-25865000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
58638000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
84041000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
48463000 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
58176000 usd
us-gaap Interest Paid Capitalized
InterestPaidCapitalized
1500000 usd
us-gaap Interest Paid Capitalized
InterestPaidCapitalized
3800000 usd
us-gaap Interest Paid Net
InterestPaidNet
97688000 usd
us-gaap Interest Paid Net
InterestPaidNet
96541000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
3480000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
5316000 usd
ess Transfer From Real Estate Under Development To Rental Properties
TransferFromRealEstateUnderDevelopmentToRentalProperties
96887000 usd
ess Transfer From Real Estate Under Development To Rental Properties
TransferFromRealEstateUnderDevelopmentToRentalProperties
218835000 usd
ess Transfer From Real Estate Under Development To Co Investments
TransferFromRealEstateUnderDevelopmentToCoInvestments
1827000 usd
ess Transfer From Real Estate Under Development To Co Investments
TransferFromRealEstateUnderDevelopmentToCoInvestments
1337000 usd
ess Reclassification From To Redeemable Noncontrolling Interest
ReclassificationFromToRedeemableNoncontrollingInterest
-1223000 usd
ess Reclassification From To Redeemable Noncontrolling Interest
ReclassificationFromToRedeemableNoncontrollingInterest
6593000 usd
CY2022Q2 ess Number Of Apartment Communities Owned
NumberOfApartmentCommunitiesOwned
253 community
CY2022Q2 ess Aggregate Apartment Units Owned
AggregateApartmentUnitsOwned
62397 apartment
CY2022Q2 ess Ownership Interests Number Of Commercial Buildings
OwnershipInterestsNumberOfCommercialBuildings
3 building
CY2022Q2 ess Ownership Interests Number Of Unconsolidated Joint Venture Projects
OwnershipInterestsNumberOfUnconsolidatedJointVentureProjects
1 project
CY2022Q2 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
200000 usd
CY2021Q4 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
800000 usd
CY2022Q2 ess Marketable Securities Amortized Cost
MarketableSecuritiesAmortizedCost
151227000 usd
CY2022Q2 ess Marketable Securities Accumulated Gross Unrealized Gain Loss Before Tax
MarketableSecuritiesAccumulatedGrossUnrealizedGainLossBeforeTax
3286000 usd
CY2022Q2 us-gaap Marketable Securities
MarketableSecurities
154513000 usd
CY2021Q4 ess Marketable Securities Amortized Cost
MarketableSecuritiesAmortizedCost
142398000 usd
CY2021Q4 ess Marketable Securities Accumulated Gross Unrealized Gain Loss Before Tax
MarketableSecuritiesAccumulatedGrossUnrealizedGainLossBeforeTax
49431000 usd
CY2021Q4 us-gaap Marketable Securities
MarketableSecurities
191829000 usd
CY2022Q2 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
2100000 usd
CY2021Q2 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
100000 usd
CY2022Q2 us-gaap Marketable Securities Realized Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments
300000 usd
CY2021Q2 us-gaap Marketable Securities Realized Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments
-100000 usd
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
30000000 usd
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
14900000 usd
us-gaap Marketable Securities Realized Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments
12400000 usd
us-gaap Marketable Securities Realized Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments
2500000 usd
CY2022Q2 ess Number Of Downreit Limited Partnerships Consolidated By Company
NumberOfDownreitLimitedPartnershipsConsolidatedByCompany
18 partnership
CY2021Q4 ess Number Of Downreit Limited Partnerships Consolidated By Company
NumberOfDownreitLimitedPartnershipsConsolidatedByCompany
18 partnership
CY2022Q2 ess Number Of Communities Within Downreit Partnerships
NumberOfCommunitiesWithinDownreitPartnerships
9 community
CY2021Q4 ess Number Of Communities Within Downreit Partnerships
NumberOfCommunitiesWithinDownreitPartnerships
9 community
CY2022Q2 ess Variable Interest Entity Number Of Consolidated Coinvestments Determined To Be Variable Interest Entities
VariableInterestEntityNumberOfConsolidatedCoinvestmentsDeterminedToBeVariableInterestEntities
6 investment
CY2021Q4 ess Variable Interest Entity Number Of Consolidated Coinvestments Determined To Be Variable Interest Entities
VariableInterestEntityNumberOfConsolidatedCoinvestmentsDeterminedToBeVariableInterestEntities
6 investment
CY2022Q2 ess Assets Related To Variable Interest Entities Net Intercompany Eliminations
AssetsRelatedToVariableInterestEntitiesNetIntercompanyEliminations
917900000 usd
CY2022Q2 ess Liabilities Related To Variable Interest Entities Net Of Intercompany Eliminations
LiabilitiesRelatedToVariableInterestEntitiesNetOfIntercompanyEliminations
319200000 usd
CY2021Q4 ess Assets Related To Variable Interest Entities Net Intercompany Eliminations
AssetsRelatedToVariableInterestEntitiesNetIntercompanyEliminations
909300000 usd
CY2021Q4 ess Liabilities Related To Variable Interest Entities Net Of Intercompany Eliminations
LiabilitiesRelatedToVariableInterestEntitiesNetOfIntercompanyEliminations
320100000 usd
CY2022Q2 us-gaap Noncontrolling Interest In Variable Interest Entity
NoncontrollingInterestInVariableInterestEntity
122500000 usd
CY2021Q4 us-gaap Noncontrolling Interest In Variable Interest Entity
NoncontrollingInterestInVariableInterestEntity
122400000 usd
CY2022Q2 ess Fixed Rate Debt Carrying Amount
FixedRateDebtCarryingAmount
5700000000 usd
CY2021Q4 ess Fixed Rate Debt Carrying Amount
FixedRateDebtCarryingAmount
5700000000 usd
CY2022Q2 ess Fixed Rate Debt Fair Value
FixedRateDebtFairValue
5400000000 usd
CY2021Q4 ess Fixed Rate Debt Fair Value
FixedRateDebtFairValue
6000000000 usd
CY2022Q2 ess Variable Rate Debt Carrying Amount
VariableRateDebtCarryingAmount
286500000 usd
CY2021Q4 ess Variable Rate Debt Carrying Amount
VariableRateDebtCarryingAmount
564900000 usd
CY2022Q2 ess Variable Rate Debt Fair Value
VariableRateDebtFairValue
284600000 usd
CY2021Q4 ess Variable Rate Debt Fair Value
VariableRateDebtFairValue
561700000 usd
CY2022Q2 ess Capitalized Internal Costs Related To Development And Redevelopment Projects
CapitalizedInternalCostsRelatedToDevelopmentAndRedevelopmentProjects
5800000 usd
CY2021Q2 ess Capitalized Internal Costs Related To Development And Redevelopment Projects
CapitalizedInternalCostsRelatedToDevelopmentAndRedevelopmentProjects
5500000 usd
ess Capitalized Internal Costs Related To Development And Redevelopment Projects
CapitalizedInternalCostsRelatedToDevelopmentAndRedevelopmentProjects
11200000 usd
ess Capitalized Internal Costs Related To Development And Redevelopment Projects
CapitalizedInternalCostsRelatedToDevelopmentAndRedevelopmentProjects
11900000 usd
CY2022Q2 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
33200000 usd
CY2021Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
34700000 usd
CY2022Q2 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
218960 shares
CY2021Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
34666000 usd
ess Noncontrolling Interest Reset Of Prior Year Redemptions
NoncontrollingInterestResetOfPriorYearRedemptions
-1223000 usd
ess Noncontrolling Interest Reset Of Prior Year Redemptions
NoncontrollingInterestResetOfPriorYearRedemptions
-1223000 usd
us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
230000 usd
CY2022Q2 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
33213000 usd
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
37756000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
48420000 usd
CY2021Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
48155000 usd
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
73629000 usd
CY2022Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
10707000 usd
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
10218000 usd
CY2021Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
10021000 usd
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
10412000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
48463000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
58638000 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
58176000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
84041000 usd
us-gaap Use Of Estimates
UseOfEstimates
<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Accounting Estimates</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of condensed consolidated financial statements, in accordance with U.S. GAAP, requires the Company to make estimates and judgments that affect the reported amounts of assets, liabilities, revenues and expenses, and related disclosures of contingent assets and liabilities. On an on-going basis, the Company evaluates its estimates, including those related to acquiring, developing and assessing the carrying values of its real estate portfolio, its investments in and advances to joint ventures and affiliates, its notes receivables, and its qualification as a real estate investment trust ("REIT"). The Company bases its estimates on historical experience, current market conditions, and on various other assumptions that are believed to be reasonable under the circumstances. Actual results may vary from those estimates and those estimates could be different under different assumptions or conditions.</span></div>
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
300000 usd
CY2022Q2 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
60800000 usd
CY2022Q2 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
277.81
CY2022Q2 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
153600000 usd
CY2022Q2 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
250000000 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2738000 usd
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2221000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5427000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4470000 usd
CY2022Q2 us-gaap Revenues
Revenues
399978000 usd
CY2021Q2 us-gaap Revenues
Revenues
350978000 usd
us-gaap Revenues
Revenues
781883000 usd
us-gaap Revenues
Revenues
706103000 usd
CY2022Q2 ess Real Estate Operations Occupancy Threshold For Classification As Stabilized
RealEstateOperationsOccupancyThresholdForClassificationAsStabilized
0.90
CY2022Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
2100000 usd
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
2400000 usd
CY2022Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
2100000 usd
CY2022Q2 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.19
CY2022Q2 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.66
CY2022Q2 ess Investments In Distributions In Excess Of Investments In And Advance To Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInDistributionsInExcessOfInvestmentsInAndAdvanceToAffiliatesSubsidiariesAssociatesAndJointVentures
1049252000 usd
CY2021Q4 ess Investments In Distributions In Excess Of Investments In And Advance To Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInDistributionsInExcessOfInvestmentsInAndAdvanceToAffiliatesSubsidiariesAssociatesAndJointVentures
1142257000 usd
CY2022Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
701000 usd
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
756000 usd
CY2022Q2 us-gaap Notes Receivable Net
NotesReceivableNet
175345000 usd
CY2021Q4 us-gaap Notes Receivable Net
NotesReceivableNet
341033000 usd
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2022Q2 us-gaap Unsecured Debt
UnsecuredDebt
5310486000 usd
CY2021Q4 us-gaap Unsecured Debt
UnsecuredDebt
5307196000 usd
ess Debt Instruments Maturity Period
DebtInstrumentsMaturityPeriod
P8Y2M12D
CY2022Q2 ess Unsecured Debt And Line Of Credit
UnsecuredDebtAndLineOfCredit
6010250000 usd
CY2021Q4 ess Unsecured Debt And Line Of Credit
UnsecuredDebtAndLineOfCredit
6287410000 usd
CY2022Q2 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
41369000 usd
CY2022Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
302945000 usd
CY2022Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
403109000 usd
CY2022Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
633054000 usd
CY2022Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
549405000 usd
CY2022Q2 ess Long Term Debt Maturities Repayments Of Principal After Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFour
4056224000 usd
CY2022Q2 us-gaap Long Term Debt
LongTermDebt
5986106000 usd
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segment
CY2022Q2 ess Net Operating Income From Segments
NetOperatingIncomeFromSegments
283720000 usd
CY2021Q2 ess Net Operating Income From Segments
NetOperatingIncomeFromSegments
241221000 usd
ess Net Operating Income From Segments
NetOperatingIncomeFromSegments
546836000 usd
ess Net Operating Income From Segments
NetOperatingIncomeFromSegments
483684000 usd
CY2022Q2 ess Corporate Property Management Expenses
CorporatePropertyManagementExpenses
10176000 usd
CY2021Q2 ess Corporate Property Management Expenses
CorporatePropertyManagementExpenses
9062000 usd
ess Corporate Property Management Expenses
CorporatePropertyManagementExpenses
20348000 usd
ess Corporate Property Management Expenses
CorporatePropertyManagementExpenses
18075000 usd
CY2022Q2 us-gaap Depreciation
Depreciation
134517000 usd
CY2021Q2 us-gaap Depreciation
Depreciation
128736000 usd
us-gaap Depreciation
Depreciation
268050000 usd
us-gaap Depreciation
Depreciation
257323000 usd
CY2022Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
13127000 usd
CY2021Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
12222000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
25369000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
22034000 usd
CY2022Q2 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
10000 usd
CY2021Q2 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
41000 usd
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
18000 usd
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
56000 usd
CY2022Q2 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
0 usd
CY2021Q2 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
0 usd
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
0 usd
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
100096000 usd
CY2022Q2 us-gaap Interest Expense
InterestExpense
50477000 usd
CY2021Q2 us-gaap Interest Expense
InterestExpense
50971000 usd
us-gaap Interest Expense
InterestExpense
100854000 usd
us-gaap Interest Expense
InterestExpense
102620000 usd
CY2022Q2 us-gaap Derivative Gain On Derivative
DerivativeGainOnDerivative
2283000 usd
CY2021Q2 us-gaap Derivative Gain On Derivative
DerivativeGainOnDerivative
2633000 usd
us-gaap Derivative Gain On Derivative
DerivativeGainOnDerivative
4827000 usd
us-gaap Derivative Gain On Derivative
DerivativeGainOnDerivative
5477000 usd
CY2022Q2 ess Interest And Other Income Expense
InterestAndOtherIncomeExpense
-17208000 usd
CY2021Q2 ess Interest And Other Income Expense
InterestAndOtherIncomeExpense
22371000 usd
ess Interest And Other Income Expense
InterestAndOtherIncomeExpense
36758000 usd
ess Interest And Other Income Expense
InterestAndOtherIncomeExpense
-24775000 usd
CY2022Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-8400000 usd
CY2021Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
18248000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
12771000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
35259000 usd
CY2022Q2 us-gaap Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
-6864000 usd
CY2021Q2 us-gaap Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
1842000 usd
us-gaap Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
-9618000 usd
us-gaap Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
2350000 usd
CY2022Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
CY2021Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-16465000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-18982000 usd
CY2022Q2 ess Gain On Remeasurement Of Co Investment
GainOnRemeasurementOfCoInvestment
0 usd
CY2021Q2 ess Gain On Remeasurement Of Co Investment
GainOnRemeasurementOfCoInvestment
2260000 usd
ess Gain On Remeasurement Of Co Investment
GainOnRemeasurementOfCoInvestment
0 usd
CY2022Q2 us-gaap Notes Receivable Net
NotesReceivableNet
175345000 usd
ess Gain On Remeasurement Of Co Investment
GainOnRemeasurementOfCoInvestment
2260000 usd
CY2022Q2 us-gaap Profit Loss
ProfitLoss
61690000 usd
CY2021Q2 us-gaap Profit Loss
ProfitLoss
69615000 usd
us-gaap Profit Loss
ProfitLoss
140065000 usd
us-gaap Profit Loss
ProfitLoss
246564000 usd
CY2022Q2 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
10929409000 usd
CY2021Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
10983073000 usd
CY2022Q2 ess Real Estate Development In Process
RealEstateDevelopmentInProcess
21950000 usd
CY2021Q4 ess Real Estate Development In Process
RealEstateDevelopmentInProcess
111562000 usd
CY2022Q2 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
1093235000 usd
CY2021Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
1177802000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
48463000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
58638000 usd
CY2022Q2 us-gaap Marketable Securities
MarketableSecurities
154513000 usd
CY2021Q4 us-gaap Marketable Securities
MarketableSecurities
191829000 usd
CY2021Q4 us-gaap Notes Receivable Net
NotesReceivableNet
341033000 usd
CY2022Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
67345000 usd
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
68972000 usd
CY2022Q2 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
67751000 usd
CY2021Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
64964000 usd
CY2022Q2 us-gaap Assets
Assets
12558011000 usd
CY2021Q4 us-gaap Assets
Assets
12997873000 usd
CY2022Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
57054000 usd
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
65262517 shares
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.87
CY2021Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
64846000 usd
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
65001677 shares
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.00
CY2022Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
27086 shares
CY2021Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
79069 shares
CY2022Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
57054000 usd
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
65289603 shares
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.87
CY2021Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
64846000 usd
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
65080746 shares
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.00
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
130308000 usd
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
65269109 shares
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.00
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
233290000 usd
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
64995682 shares
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.59
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
38463 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
52334 shares
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
130308000 usd
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
65307572 shares
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.00
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
233290000 usd
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
65048016 shares
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.59

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