2022 Q4 Form 10-Q Financial Statement

#000092052222000062 Filed on October 27, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3
Revenue $415.2M $409.7M
YoY Change 11.73% 12.92%
Cost Of Revenue $117.6M $120.0M
YoY Change 5.05% 4.09%
Gross Profit $297.6M $289.7M
YoY Change 14.61% 17.04%
Gross Profit Margin 71.67% 70.7%
Selling, General & Admin $26.21M $25.36M
YoY Change 0.18% 16.42%
% of Gross Profit 8.81% 8.75%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $135.8M $135.5M
YoY Change 2.71% 3.79%
% of Gross Profit 45.62% 46.78%
Operating Expenses $162.0M $160.9M
YoY Change 2.29% 5.59%
Operating Profit $135.6M $128.6M
YoY Change 33.87% -6.79%
Interest Expense -$36.30M $51.65M
YoY Change -168.27% 3.25%
% of Operating Profit -26.76% 40.16%
Other Income/Expense, Net $2.373M -$1.755M
YoY Change -123.09% -42.29%
Pretax Income $194.2M $98.70M
YoY Change 34.76% -21.04%
Income Tax
% Of Pretax Income
Net Earnings $185.2M $98.70M
YoY Change 35.28% -21.04%
Net Earnings / Revenue 44.6% 24.09%
Basic Earnings Per Share $1.43
Diluted Earnings Per Share $2.86 $1.43
COMMON SHARES
Basic Shares Outstanding 64.75M shares 65.12M shares
Diluted Shares Outstanding 65.07M shares

Balance Sheet

Concept 2022 Q4 2022 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $146.0M $184.4M
YoY Change -39.21% -20.87%
Cash & Equivalents $33.30M $42.71M
Short-Term Investments $112.7M $141.7M
Other Short-Term Assets $80.76M $72.17M
YoY Change 24.31% 14.39%
Inventory $24.86M $23.75M
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $169.7M $172.7M
YoY Change -33.44% -52.01%
LONG-TERM ASSETS
Property, Plant & Equipment $10.88B $10.99B
YoY Change -1.54% 0.16%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $1.240B $1.287B
YoY Change -9.45% 1.74%
Other Assets $9.386M $10.86M
YoY Change -8.14% -1.67%
Total Long-Term Assets $12.20B $12.45B
YoY Change -4.24% 0.18%
TOTAL ASSETS
Total Short-Term Assets $169.7M $172.7M
Total Long-Term Assets $12.20B $12.45B
Total Assets $12.37B $12.62B
YoY Change -4.81% -1.28%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $165.5M $222.3M
YoY Change -8.46% 0.86%
Accrued Expenses $68.70M $68.04M
YoY Change -2.8% -4.86%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $406.5M $465.8M
YoY Change -4.08% -0.42%
LONG-TERM LIABILITIES
Long-Term Debt $5.958B $6.167B
YoY Change -5.24% 1.29%
Other Long-Term Liabilities $85.97M $478.9M
YoY Change 13.85% 604.37%
Total Long-Term Liabilities $6.044B $6.646B
YoY Change -5.01% 7.95%
TOTAL LIABILITIES
Total Short-Term Liabilities $406.5M $465.8M
Total Long-Term Liabilities $6.044B $6.646B
Total Liabilities $6.451B $6.714B
YoY Change -4.95% 1.36%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $6.000K $6.000K
YoY Change -14.29% -14.29%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $5.716B $5.703B
YoY Change
Total Liabilities & Shareholders Equity $12.37B $12.62B
YoY Change -4.81% -1.28%

Cashflow Statement

Concept 2022 Q4 2022 Q3
OPERATING ACTIVITIES
Net Income $185.2M $98.70M
YoY Change 35.28% -21.04%
Depreciation, Depletion And Amortization $135.8M $135.5M
YoY Change 2.71% 3.79%
Cash From Operating Activities $166.9M $299.2M
YoY Change -18.73% 10.07%
INVESTING ACTIVITIES
Capital Expenditures $89.90M -$96.26M
YoY Change -178.09% -35.36%
Acquisitions
YoY Change
Other Investing Activities $305.2M -$74.78M
YoY Change -263.18% -225.99%
Cash From Investing Activities $215.3M -$171.0M
YoY Change -171.26% 90.94%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -393.1M -123.1M
YoY Change -516.05% -31.43%
NET CHANGE
Cash From Operating Activities 166.9M 299.2M
Cash From Investing Activities 215.3M -171.0M
Cash From Financing Activities -393.1M -123.1M
Net Change In Cash -10.89M 5.106M
YoY Change 370.53% 83.93%
FREE CASH FLOW
Cash From Operating Activities $166.9M $299.2M
Capital Expenditures $89.90M -$96.26M
Free Cash Flow $77.01M $395.4M
YoY Change -75.97% -6.01%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Central Index Key
EntityCentralIndexKey
0000920522
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Amendment Flag
AmendmentFlag
false
CY2022Q3 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P3M
CY2022Q3 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P2Y
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2022-09-30
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
001-13106
dei Entity Registrant Name
EntityRegistrantName
ESSEX PROPERTY TRUST, INC.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
MD
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
77-0369576
dei Entity Address Address Line1
EntityAddressAddressLine1
1100 Park Place, Suite 200
dei Entity Address City Or Town
EntityAddressCityOrTown
San Mateo
dei Entity Address State Or Province
EntityAddressStateOrProvince
CA
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
94403
dei City Area Code
CityAreaCode
650
dei Local Phone Number
LocalPhoneNumber
655-7800
dei Security12b Title
Security12bTitle
Common Stock, $.0001 par value (Essex Property Trust, Inc.)
dei Trading Symbol
TradingSymbol
ESS
dei Security Exchange Name
SecurityExchangeName
NYSE
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2022Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
64753812 shares
CY2022Q3 us-gaap Land And Land Improvements
LandAndLandImprovements
3059246000 usd
CY2021Q4 us-gaap Land And Land Improvements
LandAndLandImprovements
3032678000 usd
CY2022Q3 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
12912359000 usd
CY2021Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
12597249000 usd
CY2022Q3 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
15971605000 usd
CY2021Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
15629927000 usd
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
15000000 usd
CY2022Q3 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
5047880000 usd
CY2021Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
4646854000 usd
CY2022Q3 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
10923725000 usd
CY2021Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
10983073000 usd
CY2022Q3 ess Real Estate Development In Process
RealEstateDevelopmentInProcess
23752000 usd
CY2021Q4 ess Real Estate Development In Process
RealEstateDevelopmentInProcess
111562000 usd
CY2022Q3 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
1145345000 usd
CY2021Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
1177802000 usd
CY2022Q3 ess Total Real Estate Net
TotalRealEstateNet
12092822000 usd
CY2021Q4 ess Total Real Estate Net
TotalRealEstateNet
12272437000 usd
CY2022Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
42711000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
48420000 usd
CY2022Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
10858000 usd
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
10218000 usd
CY2021Q4 ess Marketable Securities Allowance For Credit Loss
MarketableSecuritiesAllowanceForCreditLoss
0 usd
CY2022Q3 ess Marketable Securities Allowance For Credit Loss
MarketableSecuritiesAllowanceForCreditLoss
0 usd
CY2022Q3 ess Marketable Securities After Allowance For Credit Loss
MarketableSecuritiesAfterAllowanceForCreditLoss
141699000 usd
CY2021Q4 ess Marketable Securities After Allowance For Credit Loss
MarketableSecuritiesAfterAllowanceForCreditLoss
191829000 usd
CY2022Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
800000 usd
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
800000 usd
CY2022Q3 us-gaap Due From Related Parties
DueFromRelatedParties
6700000 usd
CY2021Q4 us-gaap Due From Related Parties
DueFromRelatedParties
176900000 usd
CY2022Q3 us-gaap Notes Receivable Net
NotesReceivableNet
197543000 usd
CY2021Q4 us-gaap Notes Receivable Net
NotesReceivableNet
341033000 usd
CY2022Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
66531000 usd
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
68972000 usd
CY2022Q3 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
72166000 usd
CY2021Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
64964000 usd
CY2022Q3 us-gaap Assets
Assets
12624330000 usd
CY2021Q4 us-gaap Assets
Assets
12997873000 usd
CY2022Q3 us-gaap Unsecured Debt
UnsecuredDebt
5312131000 usd
us-gaap Marketable Securities Realized Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments
12400000 usd
CY2021Q4 us-gaap Unsecured Debt
UnsecuredDebt
5307196000 usd
CY2022Q3 us-gaap Secured Debt
SecuredDebt
635389000 usd
CY2021Q4 us-gaap Secured Debt
SecuredDebt
638957000 usd
CY2022Q3 us-gaap Line Of Credit
LineOfCredit
219481000 usd
CY2021Q4 us-gaap Line Of Credit
LineOfCredit
341257000 usd
CY2022Q3 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
222328000 usd
CY2021Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
180751000 usd
CY2022Q3 us-gaap Construction Payable Current And Noncurrent
ConstructionPayableCurrentAndNoncurrent
25729000 usd
CY2021Q4 us-gaap Construction Payable Current And Noncurrent
ConstructionPayableCurrentAndNoncurrent
29136000 usd
CY2022Q3 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
149685000 usd
CY2021Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
143213000 usd
CY2022Q3 ess Distributions In Excess Of Investments In And Advance To Affiliates Subsidiaries Associates And Joint Ventures
DistributionsInExcessOfInvestmentsInAndAdvanceToAffiliatesSubsidiariesAssociatesAndJointVentures
38394000 usd
CY2021Q4 ess Distributions In Excess Of Investments In And Advance To Affiliates Subsidiaries Associates And Joint Ventures
DistributionsInExcessOfInvestmentsInAndAdvanceToAffiliatesSubsidiariesAssociatesAndJointVentures
35545000 usd
CY2022Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
68043000 usd
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
70675000 usd
CY2022Q3 us-gaap Other Liabilities
OtherLiabilities
42715000 usd
CY2021Q4 us-gaap Other Liabilities
OtherLiabilities
39969000 usd
CY2022Q3 us-gaap Liabilities
Liabilities
6713895000 usd
CY2021Q4 us-gaap Liabilities
Liabilities
6786699000 usd
CY2022Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2021Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2022Q3 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
29238000 usd
CY2021Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
34666000 usd
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2022Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
670000000 shares
CY2022Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
670000000 shares
CY2022Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
64753312 shares
CY2022Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
64753312 shares
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
65248393 shares
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
65248393 shares
CY2022Q3 us-gaap Common Stock Value
CommonStockValue
6000 usd
CY2021Q4 us-gaap Common Stock Value
CommonStockValue
7000 usd
CY2022Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
6775872000 usd
CY2021Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
6915981000 usd
CY2022Q3 ess Distributions In Excess Of Accumulated Earnings
DistributionsInExcessOfAccumulatedEarnings
1123215000 usd
CY2021Q4 ess Distributions In Excess Of Accumulated Earnings
DistributionsInExcessOfAccumulatedEarnings
916833000 usd
CY2022Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
50769000 usd
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-5552000 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
5703432000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
5993603000 usd
CY2022Q3 us-gaap Minority Interest
MinorityInterest
177765000 usd
CY2021Q4 us-gaap Minority Interest
MinorityInterest
182905000 usd
CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5881197000 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6176508000 usd
CY2022Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
12624330000 usd
CY2021Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
12997873000 usd
CY2022Q3 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
406862000 usd
CY2021Q3 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
360620000 usd
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
1183318000 usd
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
1062253000 usd
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2886000 usd
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2237000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
8313000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
6707000 usd
CY2022Q3 us-gaap Revenues
Revenues
409748000 usd
CY2021Q3 us-gaap Revenues
Revenues
362857000 usd
us-gaap Revenues
Revenues
1191631000 usd
us-gaap Revenues
Revenues
1068960000 usd
CY2022Q3 us-gaap Cost Of Other Property Operating Expense
CostOfOtherPropertyOperatingExpense
73450000 usd
CY2021Q3 us-gaap Cost Of Other Property Operating Expense
CostOfOtherPropertyOperatingExpense
69537000 usd
us-gaap Cost Of Other Property Operating Expense
CostOfOtherPropertyOperatingExpense
212069000 usd
us-gaap Cost Of Other Property Operating Expense
CostOfOtherPropertyOperatingExpense
197880000 usd
CY2022Q3 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
46593000 usd
CY2021Q3 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
45802000 usd
us-gaap Real Estate Tax Expense
RealEstateTaxExpense
137594000 usd
us-gaap Real Estate Tax Expense
RealEstateTaxExpense
135408000 usd
CY2022Q3 ess Corporate Property Management Expenses
CorporatePropertyManagementExpenses
10184000 usd
CY2021Q3 ess Corporate Property Management Expenses
CorporatePropertyManagementExpenses
9060000 usd
ess Corporate Property Management Expenses
CorporatePropertyManagementExpenses
30532000 usd
ess Corporate Property Management Expenses
CorporatePropertyManagementExpenses
27135000 usd
CY2022Q3 us-gaap Depreciation
Depreciation
135511000 usd
CY2021Q3 us-gaap Depreciation
Depreciation
130564000 usd
us-gaap Depreciation
Depreciation
403561000 usd
us-gaap Depreciation
Depreciation
387887000 usd
CY2022Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
15172000 usd
CY2021Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
12712000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
40541000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
34746000 usd
CY2022Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
230000 usd
CY2021Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
108000 usd
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
248000 usd
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
164000 usd
CY2022Q3 us-gaap Costs And Expenses
CostsAndExpenses
281140000 usd
CY2021Q3 us-gaap Costs And Expenses
CostsAndExpenses
267783000 usd
us-gaap Costs And Expenses
CostsAndExpenses
824545000 usd
us-gaap Costs And Expenses
CostsAndExpenses
783220000 usd
CY2022Q3 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
0 usd
CY2021Q3 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
42897000 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
142993000 usd
CY2022Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
128608000 usd
CY2021Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
137971000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
367086000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
428733000 usd
CY2022Q3 us-gaap Interest Expense
InterestExpense
51645000 usd
CY2021Q3 us-gaap Interest Expense
InterestExpense
50019000 usd
us-gaap Interest Expense
InterestExpense
152499000 usd
us-gaap Interest Expense
InterestExpense
152639000 usd
CY2022Q3 us-gaap Derivative Gain On Derivative
DerivativeGainOnDerivative
1882000 usd
CY2021Q3 us-gaap Derivative Gain On Derivative
DerivativeGainOnDerivative
2660000 usd
us-gaap Derivative Gain On Derivative
DerivativeGainOnDerivative
6709000 usd
us-gaap Derivative Gain On Derivative
DerivativeGainOnDerivative
8137000 usd
CY2022Q3 ess Interest And Other Income Expense
InterestAndOtherIncomeExpense
-6796000 usd
CY2021Q3 ess Interest And Other Income Expense
InterestAndOtherIncomeExpense
11998000 usd
ess Interest And Other Income Expense
InterestAndOtherIncomeExpense
-31571000 usd
ess Interest And Other Income Expense
InterestAndOtherIncomeExpense
48756000 usd
CY2022Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
10985000 usd
CY2021Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
25433000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
23756000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
60692000 usd
CY2022Q3 us-gaap Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
1755000 usd
CY2021Q3 us-gaap Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
3041000 usd
us-gaap Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
-7863000 usd
us-gaap Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
5391000 usd
CY2022Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-2000 usd
CY2021Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-2000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-18982000 usd
CY2022Q3 ess Gain On Remeasurement Of Co Investment
GainOnRemeasurementOfCoInvestment
17423000 usd
CY2021Q3 ess Gain On Remeasurement Of Co Investment
GainOnRemeasurementOfCoInvestment
0 usd
ess Gain On Remeasurement Of Co Investment
GainOnRemeasurementOfCoInvestment
17423000 usd
ess Gain On Remeasurement Of Co Investment
GainOnRemeasurementOfCoInvestment
2260000 usd
CY2022Q3 us-gaap Profit Loss
ProfitLoss
98700000 usd
CY2021Q3 us-gaap Profit Loss
ProfitLoss
125002000 usd
us-gaap Profit Loss
ProfitLoss
238765000 usd
us-gaap Profit Loss
ProfitLoss
371566000 usd
CY2022Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
5858000 usd
CY2021Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
6612000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
15615000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
19886000 usd
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
92842000 usd
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
118390000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
223150000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
351680000 usd
CY2022Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
124797000 usd
CY2021Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
125829000 usd
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
297053000 usd
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
377529000 usd
CY2022Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
6740000 usd
CY2021Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
6639000 usd
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
17582000 usd
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
20088000 usd
CY2022Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
118057000 usd
CY2021Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
119190000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
279471000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
357441000 usd
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.43
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.82
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.42
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.41
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
65059678 shares
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
65048486 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
65198532 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
65013477 shares
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.43
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.82
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.42
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.40
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
65067790 shares
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
65147781 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
65225767 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
65075174 shares
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6006585000 usd
CY2022Q3 us-gaap Profit Loss
ProfitLoss
98700000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
26189000 usd
CY2022Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-92000 usd
CY2022Q3 ess Stock Option And Restricted Stock Plans
StockOptionAndRestrictedStockPlans
155000 usd
CY2022Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
-107000 usd
CY2022Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1957000 usd
CY2022Q3 us-gaap Treasury Stock Retired Par Value Method Amount
TreasuryStockRetiredParValueMethodAmount
97121000 usd
CY2022Q3 us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
3727000 usd
CY2022Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
7748000 usd
CY2022Q3 ess Redemptions Of Noncontrolling Interest
RedemptionsOfNoncontrollingInterest
8568000 usd
CY2022Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
2.20
CY2022Q3 us-gaap Dividends Common Stock
DividendsCommonStock
142480000 usd
CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5881197000 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6176508000 usd
us-gaap Profit Loss
ProfitLoss
238765000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
58084000 usd
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
204000 usd
ess Stock Option And Restricted Stock Plans
StockOptionAndRestrictedStockPlans
17194000 usd
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
-314000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
7082000 usd
us-gaap Treasury Stock Retired Par Value Method Amount
TreasuryStockRetiredParValueMethodAmount
157951000 usd
us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
4950000 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
22989000 usd
ess Redemptions Of Noncontrolling Interest
RedemptionsOfNoncontrollingInterest
10929000 usd
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
6.60
us-gaap Dividends Common Stock
DividendsCommonStock
429532000 usd
CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5881197000 usd
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6136703000 usd
CY2021Q3 us-gaap Profit Loss
ProfitLoss
125002000 usd
CY2021Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
728000 usd
CY2021Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
99000 usd
CY2021Q3 ess Stock Option And Restricted Stock Plans
StockOptionAndRestrictedStockPlans
15572000 usd
CY2021Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
-118000 usd
CY2021Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1628000 usd
CY2021Q3 us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
1673000 usd
CY2021Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
7257000 usd
CY2022Q3 ess Real Estate Operations Occupancy Threshold For Classification As Stabilized
RealEstateOperationsOccupancyThresholdForClassificationAsStabilized
0.90
CY2021Q3 ess Redemptions Of Noncontrolling Interest
RedemptionsOfNoncontrollingInterest
6089000 usd
CY2021Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
2.09
CY2021Q3 us-gaap Dividends Common Stock
DividendsCommonStock
136042000 usd
CY2021Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6131899000 usd
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6183192000 usd
us-gaap Profit Loss
ProfitLoss
371566000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
5607000 usd
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
356000 usd
ess Stock Option And Restricted Stock Plans
StockOptionAndRestrictedStockPlans
12402000 usd
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
-202000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
9495000 usd
us-gaap Treasury Stock Retired Par Value Method Amount
TreasuryStockRetiredParValueMethodAmount
9172000 usd
us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
-4922000 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
22114000 usd
ess Redemptions Of Noncontrolling Interest
RedemptionsOfNoncontrollingInterest
8407000 usd
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
6.27
us-gaap Dividends Common Stock
DividendsCommonStock
407802000 usd
CY2021Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6131899000 usd
us-gaap Profit Loss
ProfitLoss
238765000 usd
us-gaap Profit Loss
ProfitLoss
371566000 usd
us-gaap Straight Line Rent
StraightLineRent
-5529000 usd
us-gaap Straight Line Rent
StraightLineRent
-8734000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
403561000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
387887000 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
4916000 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
7987000 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
64000 usd
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
-110000 usd
us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
-63556000 usd
us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
23772000 usd
ess Gain Loss From Equity Method Investments
GainLossFromEquityMethodInvestments
23756000 usd
ess Gain Loss From Equity Method Investments
GainLossFromEquityMethodInvestments
60692000 usd
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
86854000 usd
us-gaap Marketable Securities Realized Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments
2500000 usd
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
78360000 usd
us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
10748000 usd
us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
12253000 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
142993000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
6589000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
5399000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-2000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-18982000 usd
ess Gain On Remeasurement Of Co Investment
GainOnRemeasurementOfCoInvestment
17423000 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
-2470000 usd
us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
38948000 usd
us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
62699000 usd
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
8902000 usd
CY2021Q3 ess Capitalized Internal Costs Related To Development And Redevelopment Projects
CapitalizedInternalCostsRelatedToDevelopmentAndRedevelopmentProjects
5600000 usd
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
5119000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
808735000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
699877000 usd
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
21759000 usd
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
105469000 usd
ess Redevelopment Expenditures
RedevelopmentExpenditures
67974000 usd
ess Redevelopment Expenditures
RedevelopmentExpenditures
39092000 usd
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
22754000 usd
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
45381000 usd
ess Revenue Generating Capital Expenditures
RevenueGeneratingCapitalExpenditures
107105000 usd
ess Revenue Generating Capital Expenditures
RevenueGeneratingCapitalExpenditures
81063000 usd
us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
160013000 usd
us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
102012000 usd
us-gaap Proceeds From Sale And Collection Of Receivables
ProceedsFromSaleAndCollectionOfReceivables
303088000 usd
us-gaap Proceeds From Sale And Collection Of Receivables
ProceedsFromSaleAndCollectionOfReceivables
88744000 usd
us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
4325000 usd
ess Capitalized Internal Costs Related To Development And Redevelopment Projects
CapitalizedInternalCostsRelatedToDevelopmentAndRedevelopmentProjects
15700000 usd
us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
591000 usd
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
0 usd
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
297454000 usd
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
159461000 usd
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
223175000 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
8356000 usd
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
12760000 usd
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
23740000 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
-14995000 usd
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
161324000 usd
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
131297000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-69382000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-95207000 usd
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 usd
ess Capitalized Internal Costs Related To Development And Redevelopment Projects
CapitalizedInternalCostsRelatedToDevelopmentAndRedevelopmentProjects
17500000 usd
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
745505000 usd
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
24103000 usd
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
952608000 usd
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
1053663000 usd
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
601435000 usd
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
1175440000 usd
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
558773000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
157951000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
9172000 usd
us-gaap Payment Of Financing And Stock Issuance Costs
PaymentOfFinancingAndStockIssuanceCosts
140000 usd
us-gaap Payment Of Financing And Stock Issuance Costs
PaymentOfFinancingAndStockIssuanceCosts
8237000 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
-314000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
-202000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
19410000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
17847000 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
22606000 usd
us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
21979000 usd
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
10929000 usd
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
8407000 usd
us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
478000 usd
us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
4463000 usd
us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
423443000 usd
us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
406818000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-744422000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-627759000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-5069000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-23089000 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
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
53569000 usd
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
60952000 usd
us-gaap Interest Paid Capitalized
InterestPaidCapitalized
1900000 usd
us-gaap Interest Paid Capitalized
InterestPaidCapitalized
5000000 usd
us-gaap Interest Paid Net
InterestPaidNet
149970000 usd
us-gaap Interest Paid Net
InterestPaidNet
147371000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
5225000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
5225000 usd
ess Transfer From Real Estate Under Development To Rental Properties
TransferFromRealEstateUnderDevelopmentToRentalProperties
98024000 usd
ess Transfer From Real Estate Under Development To Rental Properties
TransferFromRealEstateUnderDevelopmentToRentalProperties
222055000 usd
ess Transfer From Real Estate Under Development To Co Investments
TransferFromRealEstateUnderDevelopmentToCoInvestments
2090000 usd
ess Transfer From Real Estate Under Development To Co Investments
TransferFromRealEstateUnderDevelopmentToCoInvestments
1853000 usd
ess Reclassification From To Redeemable Noncontrolling Interest
ReclassificationFromToRedeemableNoncontrollingInterest
-4950000 usd
ess Reclassification From To Redeemable Noncontrolling Interest
ReclassificationFromToRedeemableNoncontrollingInterest
4922000 usd
us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
21303000 usd
us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
0 usd
CY2022Q3 ess Number Of Apartment Communities Owned
NumberOfApartmentCommunitiesOwned
253 community
CY2022Q3 ess Aggregate Apartment Units Owned
AggregateApartmentUnitsOwned
62397 apartment
CY2022Q3 ess Ownership Interests Number Of Commercial Buildings
OwnershipInterestsNumberOfCommercialBuildings
3 building
CY2022Q3 ess Ownership Interests Number Of Unconsolidated Joint Venture Projects
OwnershipInterestsNumberOfUnconsolidatedJointVentureProjects
1 project
CY2022Q3 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
200000 usd
CY2021Q4 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
800000 usd
CY2022Q3 ess Marketable Securities Amortized Cost
MarketableSecuritiesAmortizedCost
155620000 usd
CY2022Q3 ess Marketable Securities Accumulated Gross Unrealized Gain Loss Before Tax
MarketableSecuritiesAccumulatedGrossUnrealizedGainLossBeforeTax
-13921000 usd
CY2022Q3 us-gaap Marketable Securities
MarketableSecurities
141699000 usd
CY2022Q3 ess Variable Interest Entity Number Of Consolidated Coinvestments Determined To Be Variable Interest Entities
VariableInterestEntityNumberOfConsolidatedCoinvestmentsDeterminedToBeVariableInterestEntities
6 investment
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
CY2022Q3 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
0 usd
CY2021Q3 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
100000 usd
CY2021Q3 us-gaap Marketable Securities Realized Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments
0 usd
CY2022Q3 us-gaap Marketable Securities Realized Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments
0 usd
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
30000000 usd
CY2022Q3 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
CY2021Q4 ess Number Of Communities Within Downreit Partnerships
NumberOfCommunitiesWithinDownreitPartnerships
9 community
CY2022Q3 ess Number Of Communities Within Downreit Partnerships
NumberOfCommunitiesWithinDownreitPartnerships
9 community
CY2021Q4 ess Variable Interest Entity Number Of Consolidated Coinvestments Determined To Be Variable Interest Entities
VariableInterestEntityNumberOfConsolidatedCoinvestmentsDeterminedToBeVariableInterestEntities
6 investment
CY2022Q3 ess Assets Related To Variable Interest Entities Net Intercompany Eliminations
AssetsRelatedToVariableInterestEntitiesNetIntercompanyEliminations
938400000 usd
CY2022Q3 ess Liabilities Related To Variable Interest Entities Net Of Intercompany Eliminations
LiabilitiesRelatedToVariableInterestEntitiesNetOfIntercompanyEliminations
327700000 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
CY2022Q3 us-gaap Noncontrolling Interest In Variable Interest Entity
NoncontrollingInterestInVariableInterestEntity
122100000 usd
CY2021Q4 us-gaap Noncontrolling Interest In Variable Interest Entity
NoncontrollingInterestInVariableInterestEntity
122400000 usd
CY2021Q4 ess Fixed Rate Debt Carrying Amount
FixedRateDebtCarryingAmount
5700000000 usd
CY2022Q3 ess Fixed Rate Debt Carrying Amount
FixedRateDebtCarryingAmount
5700000000 usd
CY2022Q3 ess Fixed Rate Debt Fair Value
FixedRateDebtFairValue
5200000000 usd
CY2021Q4 ess Fixed Rate Debt Fair Value
FixedRateDebtFairValue
6000000000 usd
CY2022Q3 ess Variable Rate Debt Carrying Amount
VariableRateDebtCarryingAmount
442600000 usd
CY2021Q4 ess Variable Rate Debt Carrying Amount
VariableRateDebtCarryingAmount
564900000 usd
CY2022Q3 ess Variable Rate Debt Fair Value
VariableRateDebtFairValue
439900000 usd
CY2021Q4 ess Variable Rate Debt Fair Value
VariableRateDebtFairValue
561700000 usd
CY2022Q3 ess Capitalized Internal Costs Related To Development And Redevelopment Projects
CapitalizedInternalCostsRelatedToDevelopmentAndRedevelopmentProjects
4500000 usd
CY2022Q3 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
29200000 usd
CY2021Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
34700000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
48420000 usd
CY2021Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
34666000 usd
ess Noncontrolling Interest Reset Of Prior Year Redemptions
NoncontrollingInterestResetOfPriorYearRedemptions
-4950000 usd
ess Noncontrolling Interest Reset Of Prior Year Redemptions
NoncontrollingInterestResetOfPriorYearRedemptions
-4950000 usd
us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
478000 usd
CY2022Q3 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
29238000 usd
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
60952000 usd
CY2022Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
42711000 usd
CY2021Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
49910000 usd
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
73629000 usd
CY2022Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
10858000 usd
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
10218000 usd
CY2021Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
11042000 usd
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
10412000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
53569000 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
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>
CY2022Q3 ess Gain On Remeasurement Of Co Investment
GainOnRemeasurementOfCoInvestment
17400000 usd
CY2022Q3 ess Equity Method Investment Commit To Fund Number Of Investments
EquityMethodInvestmentCommitToFundNumberOfInvestments
4 investment
CY2022Q3 ess Preferred Equity Investment Commitment To Fund
PreferredEquityInvestmentCommitmentToFund
55400000 usd
CY2022Q3 ess Equity Method Investments Preferred Returns Rate
EquityMethodInvestmentsPreferredReturnsRate
0.095
CY2022Q2 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
218960 shares
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
CY2022Q3 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
97100000 usd
CY2022Q3 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
261.16
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2886000 usd
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2237000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
8313000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
6707000 usd
CY2022Q3 us-gaap Revenues
Revenues
409748000 usd
CY2021Q3 us-gaap Revenues
Revenues
362857000 usd
us-gaap Revenues
Revenues
1191631000 usd
us-gaap Revenues
Revenues
1068960000 usd
CY2022Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
1900000 usd
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
2400000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
500000 usd
CY2022Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
1900000 usd
CY2022Q3 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.11
CY2022Q3 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.72
CY2022Q3 ess Investments In Distributions In Excess Of Investments In And Advance To Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInDistributionsInExcessOfInvestmentsInAndAdvanceToAffiliatesSubsidiariesAssociatesAndJointVentures
1106951000 usd
CY2021Q4 ess Investments In Distributions In Excess Of Investments In And Advance To Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInDistributionsInExcessOfInvestmentsInAndAdvanceToAffiliatesSubsidiariesAssociatesAndJointVentures
1142257000 usd
CY2022Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
760000 usd
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
756000 usd
CY2022Q3 us-gaap Notes Receivable Net
NotesReceivableNet
197543000 usd
CY2021Q4 us-gaap Notes Receivable Net
NotesReceivableNet
341033000 usd
CY2022Q3 us-gaap Unsecured Debt
UnsecuredDebt
5312131000 usd
CY2021Q4 us-gaap Unsecured Debt
UnsecuredDebt
5307196000 usd
ess Debt Instruments Maturity Period
DebtInstrumentsMaturityPeriod
P7Y10M24D
CY2022Q3 ess Unsecured Debt And Line Of Credit
UnsecuredDebtAndLineOfCredit
6167001000 usd
CY2021Q4 ess Unsecured Debt And Line Of Credit
UnsecuredDebtAndLineOfCredit
6287410000 usd
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
40439000 usd
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
302945000 usd
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
403109000 usd
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
633054000 usd
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
549405000 usd
CY2022Q3 ess Long Term Debt Maturities Repayments Of Principal After Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFour
4056224000 usd
CY2022Q3 us-gaap Long Term Debt
LongTermDebt
5985176000 usd
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segment
CY2022Q3 ess Net Operating Income From Segments
NetOperatingIncomeFromSegments
286819000 usd
CY2021Q3 ess Net Operating Income From Segments
NetOperatingIncomeFromSegments
245281000 usd
ess Net Operating Income From Segments
NetOperatingIncomeFromSegments
833655000 usd
ess Net Operating Income From Segments
NetOperatingIncomeFromSegments
728965000 usd
CY2022Q3 ess Corporate Property Management Expenses
CorporatePropertyManagementExpenses
10184000 usd
CY2021Q3 ess Corporate Property Management Expenses
CorporatePropertyManagementExpenses
9060000 usd
ess Corporate Property Management Expenses
CorporatePropertyManagementExpenses
30532000 usd
ess Corporate Property Management Expenses
CorporatePropertyManagementExpenses
27135000 usd
CY2022Q3 us-gaap Depreciation
Depreciation
135511000 usd
CY2021Q3 us-gaap Depreciation
Depreciation
130564000 usd
us-gaap Depreciation
Depreciation
403561000 usd
us-gaap Depreciation
Depreciation
387887000 usd
CY2022Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
15172000 usd
CY2021Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
12712000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
40541000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
34746000 usd
CY2022Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
230000 usd
CY2021Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
108000 usd
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
248000 usd
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
164000 usd
CY2022Q3 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
0 usd
CY2021Q3 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
42897000 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
142993000 usd
CY2022Q3 us-gaap Interest Expense
InterestExpense
51645000 usd
CY2021Q3 us-gaap Interest Expense
InterestExpense
50019000 usd
us-gaap Interest Expense
InterestExpense
152499000 usd
us-gaap Interest Expense
InterestExpense
152639000 usd
CY2022Q3 us-gaap Derivative Gain On Derivative
DerivativeGainOnDerivative
1882000 usd
CY2021Q3 us-gaap Derivative Gain On Derivative
DerivativeGainOnDerivative
2660000 usd
us-gaap Derivative Gain On Derivative
DerivativeGainOnDerivative
6709000 usd
us-gaap Derivative Gain On Derivative
DerivativeGainOnDerivative
8137000 usd
CY2022Q3 ess Interest And Other Income Expense
InterestAndOtherIncomeExpense
-6796000 usd
CY2021Q3 ess Interest And Other Income Expense
InterestAndOtherIncomeExpense
11998000 usd
ess Interest And Other Income Expense
InterestAndOtherIncomeExpense
-31571000 usd
ess Interest And Other Income Expense
InterestAndOtherIncomeExpense
48756000 usd
CY2022Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
10985000 usd
CY2021Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
25433000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
23756000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
60692000 usd
CY2022Q3 us-gaap Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
1755000 usd
CY2021Q3 us-gaap Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
3041000 usd
us-gaap Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
-7863000 usd
us-gaap Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
5391000 usd
CY2022Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-2000 usd
CY2021Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-2000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-18982000 usd
CY2022Q3 ess Gain On Remeasurement Of Co Investment
GainOnRemeasurementOfCoInvestment
17423000 usd
CY2021Q3 ess Gain On Remeasurement Of Co Investment
GainOnRemeasurementOfCoInvestment
0 usd
ess Gain On Remeasurement Of Co Investment
GainOnRemeasurementOfCoInvestment
17423000 usd
ess Gain On Remeasurement Of Co Investment
GainOnRemeasurementOfCoInvestment
2260000 usd
CY2022Q3 us-gaap Profit Loss
ProfitLoss
98700000 usd
CY2021Q3 us-gaap Profit Loss
ProfitLoss
125002000 usd
us-gaap Profit Loss
ProfitLoss
238765000 usd
us-gaap Profit Loss
ProfitLoss
371566000 usd
CY2022Q3 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
10923725000 usd
CY2021Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
10983073000 usd
CY2022Q3 ess Real Estate Development In Process
RealEstateDevelopmentInProcess
23752000 usd
CY2021Q4 ess Real Estate Development In Process
RealEstateDevelopmentInProcess
111562000 usd
CY2022Q3 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
1145345000 usd
CY2021Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
1177802000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
53569000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
58638000 usd
CY2022Q3 us-gaap Marketable Securities
MarketableSecurities
141699000 usd
CY2021Q4 us-gaap Marketable Securities
MarketableSecurities
191829000 usd
CY2022Q3 us-gaap Notes Receivable Net
NotesReceivableNet
197543000 usd
CY2021Q4 us-gaap Notes Receivable Net
NotesReceivableNet
341033000 usd
CY2022Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
66531000 usd
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
68972000 usd
CY2022Q3 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
72166000 usd
CY2021Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
64964000 usd
CY2022Q3 us-gaap Assets
Assets
12624330000 usd
CY2021Q4 us-gaap Assets
Assets
12997873000 usd
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
92842000 usd
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
65059678 shares
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.43
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
118390000 usd
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
65048486 shares
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.82
CY2022Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
8112 shares
CY2021Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
99295 shares
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
92842000 usd
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
65067790 shares
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.43
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
118390000 usd
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
65147781 shares
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.82
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
223150000 usd
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
65198532 shares
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.42
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
351680000 usd
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
65013477 shares
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.41
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
27235 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
61697 shares
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
223150000 usd
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
65225767 shares
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.42
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
351680000 usd
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
65075174 shares
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.40

Files In Submission

Name View Source Status
0000920522-22-000062-index-headers.html Edgar Link pending
0000920522-22-000062-index.html Edgar Link pending
0000920522-22-000062.txt Edgar Link pending
0000920522-22-000062-xbrl.zip Edgar Link pending
ess-20220930.htm Edgar Link pending
ess-20220930.xsd Edgar Link pending
ess-93022xex311.htm Edgar Link pending
ess-93022xex312.htm Edgar Link pending
ess-93022xex313.htm Edgar Link pending
ess-93022xex314.htm Edgar Link pending
ess-93022xex321.htm Edgar Link pending
ess-93022xex322.htm Edgar Link pending
ess-93022xex323.htm Edgar Link pending
ess-93022xex324.htm Edgar Link pending
essex_fourthamendedandrest.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
ess-20220930_cal.xml Edgar Link unprocessable
ess-20220930_def.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
ess-20220930_pre.xml Edgar Link unprocessable
ess-20220930_lab.xml Edgar Link unprocessable
ess-20220930_htm.xml Edgar Link completed
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending