$ESS
ESSEX PROPERTY TRUST, INC. Stock $ess

$ess Overview Financials Valuation SEC Filings Company Website

2023 Q2 Form 10-Q Financial Statement

#000092052223000011 Filed on April 28, 2023

Income Statement

Concept	2023 Q2	2023 Q1
Revenue	$416.0M	$412.4M
YoY Change	4.02%	7.99%
Cost Of Revenue	$119.2M	$120.4M
YoY Change	5.02%	3.71%
Gross Profit	$296.8M	$292.0M
YoY Change	3.62%	9.86%
Gross Profit Margin	71.34%	70.8%
Selling, General & Admin	$25.26M	$26.74M
YoY Change	8.42%	19.31%
% of Gross Profit	8.51%	9.16%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$136.7M	$136.3M
YoY Change	1.64%	2.11%
% of Gross Profit	46.06%	46.69%
Operating Expenses	$162.0M	$163.1M
YoY Change	2.64%	4.58%
Operating Profit	$134.8M	$187.4M
YoY Change	4.83%	70.58%
Interest Expense	-$27.34M	$51.05M
YoY Change	-154.17%	1.33%
% of Operating Profit	-20.28%	27.24%
Other Income/Expense, Net	-$1.733M	$900.0K
YoY Change	-125.25%	-67.32%
Pretax Income	$105.8M	$161.6M
YoY Change	71.43%	106.18%
Income Tax
% Of Pretax Income
Net Earnings	$99.62M	$161.6M
YoY Change	61.48%	106.18%
Net Earnings / Revenue	23.94%	39.18%
Basic Earnings Per Share	$1.55	$2.38
Diluted Earnings Per Share	$1.55	$2.38
COMMON SHARES
Basic Shares Outstanding	64.18M shares	64.52M shares
Diluted Shares Outstanding	64.18M shares	64.46M shares

Balance Sheet

Concept	2023 Q2	2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$60.95M	$77.16M
YoY Change	-68.3%	-71.19%
Cash & Equivalents	$60.95M	$67.71M
Short-Term Investments
Other Short-Term Assets	$83.16M	$68.53M
YoY Change	22.74%	21.1%
Inventory	$22.67M	$21.91M
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$197.8M	$167.6M
YoY Change	25.77%	-43.42%
LONG-TERM ASSETS
Property, Plant & Equipment	$10.70B	$10.75B
YoY Change	-2.74%	-2.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$1.224B	$1.238B
YoY Change	-1.88%	-5.79%
Other Assets	$8.165M	$9.446M
YoY Change	-23.74%	-9.57%
Total Long-Term Assets	$12.05B	$12.11B
YoY Change	-2.85%	-2.9%
TOTAL ASSETS
Total Short-Term Assets	$197.8M	$167.6M
Total Long-Term Assets	$12.05B	$12.11B
Total Assets	$12.25B	$12.28B
YoY Change	-2.49%	-3.84%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$172.9M	$208.1M
YoY Change	0.77%	-6.24%
Accrued Expenses	$66.86M	$67.77M
YoY Change	-3.0%	-2.91%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$417.6M	$67.77M
YoY Change	-1.02%	-85.83%
LONG-TERM LIABILITIES
Long-Term Debt	$5.942B	$5.907B
YoY Change	-1.14%	-2.27%
Other Long-Term Liabilities	$92.37M	$477.6M
YoY Change	7.4%	586.74%
Total Long-Term Liabilities	$6.034B	$6.385B
YoY Change	-1.02%	4.43%
TOTAL LIABILITIES
Total Short-Term Liabilities	$417.6M	$67.77M
Total Long-Term Liabilities	$6.034B	$6.385B
Total Liabilities	$6.660B	$6.453B
YoY Change	2.18%	-2.12%
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	$5.585B	$5.619B
YoY Change
Total Liabilities & Shareholders Equity	$12.25B	$12.28B
YoY Change	-2.49%	-3.84%

Cashflow Statement

Concept	2023 Q2	2023 Q1
OPERATING ACTIVITIES
Net Income	$99.62M	$161.6M
YoY Change	61.48%	106.18%
Depreciation, Depletion And Amortization	$136.7M	$136.3M
YoY Change	1.64%	2.11%
Cash From Operating Activities	$211.4M	$276.9M
YoY Change	8.75%	-12.13%
INVESTING ACTIVITIES
Capital Expenditures	$79.99M	$46.14M
YoY Change	-208.87%	-192.53%
Acquisitions
YoY Change
Other Investing Activities	-$9.689M	$101.3M
YoY Change	-113.96%	-34.89%
Cash From Investing Activities	-$89.68M	$55.16M
YoY Change	2105.04%	-47.83%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net		$206.0K
YoY Change		-77.21%
Cash From Financing Activities	-129.8M	-$297.6M
YoY Change	-48.18%	-19.77%
NET CHANGE
Cash From Operating Activities	211.4M	$276.9M
Cash From Investing Activities	-89.68M	$55.16M
Cash From Financing Activities	-129.8M	-$297.6M
Net Change In Cash	-8.044M	$34.48M
YoY Change	-86.61%	-30.93%
FREE CASH FLOW
Cash From Operating Activities	$211.4M	$276.9M
Capital Expenditures	$79.99M	$46.14M
Free Cash Flow	$131.4M	$230.8M
YoY Change	-50.94%	-36.77%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q1	dei	Entity Central Index Key EntityCentralIndexKey	0000920522
CY2023Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2023Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2023
CY2023Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2023Q1	dei	Amendment Flag AmendmentFlag	false
CY2023Q1	us-gaap	Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1 RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1	P9M
CY2023Q1	us-gaap	Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1 RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1	P2Y
CY2023Q1	dei	Document Type DocumentType	10-Q
CY2023Q1	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	dei	Document Transition Report DocumentTransitionReport	false
CY2023Q1	dei	Entity File Number EntityFileNumber	001-13106
CY2023Q1	dei	Entity Registrant Name EntityRegistrantName	ESSEX PROPERTY TRUST, INC.
CY2023Q1	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	MD
CY2023Q1	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	77-0369576
CY2023Q1	dei	Entity Address Address Line1 EntityAddressAddressLine1	1100 Park Place, Suite 200
CY2023Q1	dei	Entity Address City Or Town EntityAddressCityOrTown	San Mateo
CY2023Q1	dei	Entity Address State Or Province EntityAddressStateOrProvince	CA
CY2023Q1	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	94403
CY2023Q1	dei	City Area Code CityAreaCode	650
CY2023Q1	dei	Local Phone Number LocalPhoneNumber	655-7800
CY2023Q1	dei	Security12b Title Security12bTitle	Common Stock, $.0001 par value (Essex Property Trust, Inc.)
CY2023Q1	dei	Trading Symbol TradingSymbol	ESS
CY2023Q1	dei	Security Exchange Name SecurityExchangeName	NYSE
CY2023Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2023Q1	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2023Q1	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2023Q1	dei	Entity Small Business EntitySmallBusiness	false
CY2023Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2023Q1	dei	Entity Shell Company EntityShellCompany	false
CY2023Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	64181614	shares
CY2023Q1	us-gaap	Land And Land Improvements LandAndLandImprovements	3031415000	usd
CY2022Q4	us-gaap	Land And Land Improvements LandAndLandImprovements	3043321000	usd
CY2023Q1	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	12910492000	usd
CY2022Q4	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	12922906000	usd
CY2023Q1	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	15941907000	usd
CY2022Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	15966227000	usd
CY2023Q1	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	5254874000	usd
CY2022Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	5152133000	usd
CY2023Q1	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	10687033000	usd
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CY2023Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	9446000	usd
CY2022Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	9386000	usd
CY2022Q4	ess	Marketable Securities Allowance For Credit Loss MarketableSecuritiesAllowanceForCreditLoss	0	usd
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CY2023Q1	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	400000	usd
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CY2023Q1	us-gaap	Due From Related Parties DueFromRelatedParties	6900000	usd
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CY2023Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	66373000	usd
CY2022Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	67239000	usd
CY2023Q1	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	68530000	usd
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CY2023Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
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CY2023Q1	us-gaap	Common Stock Value CommonStockValue	6000	usd
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CY2023Q1	us-gaap	Minority Interest MinorityInterest	178076000	usd
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CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	5796857000	usd
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CY2023Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	5664000	usd
CY2023Q1	us-gaap	Treasury Stock Retired Par Value Method Amount TreasuryStockRetiredParValueMethodAmount	95657000	usd
CY2023Q1	us-gaap	Minority Interest Change In Redemption Value MinorityInterestChangeInRedemptionValue	-3058000	usd
CY2023Q1	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	7977000	usd
CY2023Q1	ess	Redemptions Of Noncontrolling Interest RedemptionsOfNoncontrollingInterest	173000	usd
CY2023Q1	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	2.31
CY2023Q1	us-gaap	Dividends Common Stock DividendsCommonStock	148286000	usd
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	5796857000	usd
CY2021Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	6176508000	usd
CY2022Q1	us-gaap	Profit Loss ProfitLoss	78375000	usd
CY2022Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	20083000	usd
CY2022Q1	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	398000	usd
CY2022Q1	ess	Stock Option And Restricted Stock Plans StockOptionAndRestrictedStockPlans	16867000	usd
CY2022Q1	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	-141000	usd
CY2022Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	2463000	usd
CY2022Q1	us-gaap	Minority Interest Change In Redemption Value MinorityInterestChangeInRedemptionValue	-5072000	usd
CY2022Q1	us-gaap	Noncontrolling Interest Increase From Subsidiary Equity Issuance NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance	125000	usd
CY2022Q1	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	7619000	usd
CY2022Q1	ess	Redemptions Of Noncontrolling Interest RedemptionsOfNoncontrollingInterest	26000	usd
CY2022Q1	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	2.20
CY2023Q1	ess	Gain Loss From Equity Method Investments GainLossFromEquityMethodInvestments	10871000	usd
CY2022Q1	ess	Gain Loss From Equity Method Investments GainLossFromEquityMethodInvestments	21171000	usd
CY2022Q1	us-gaap	Dividends Common Stock DividendsCommonStock	143754000	usd
CY2022Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	6138207000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	161594000	usd
CY2022Q1	us-gaap	Profit Loss ProfitLoss	78375000	usd
CY2023Q1	us-gaap	Straight Line Rent StraightLineRent	381000	usd
CY2022Q1	us-gaap	Straight Line Rent StraightLineRent	-2074000	usd
CY2023Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	136347000	usd
CY2022Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	133533000	usd
CY2023Q1	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	1282000	usd
CY2022Q1	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	1665000	usd
CY2023Q1	us-gaap	Gain Loss On Sale Of Investments GainLossOnSaleOfInvestments	912000	usd
CY2022Q1	us-gaap	Gain Loss On Sale Of Investments GainLossOnSaleOfInvestments	12171000	usd
CY2023Q1	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	18000	usd
CY2022Q1	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	62000	usd
CY2023Q1	us-gaap	Equity Securities Fv Ni Unrealized Gain Loss EquitySecuritiesFvNiUnrealizedGainLoss	368000	usd
CY2022Q1	us-gaap	Equity Securities Fv Ni Unrealized Gain Loss EquitySecuritiesFvNiUnrealizedGainLoss	-24585000	usd
CY2023Q1	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	6784000	usd
CY2022Q1	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	52281000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	2165000	usd
CY2022Q1	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	3447000	usd
CY2023Q1	ess	Casualty Loss CasualtyLoss	433000	usd
CY2022Q1	ess	Casualty Loss CasualtyLoss	0	usd
CY2023Q1	ess	Companys Share Of Gain On Sales Of Real Estate CompanysShareOfGainOnSalesOfRealEstate	59238000	usd
CY2022Q1	ess	Companys Share Of Gain On Sales Of Real Estate CompanysShareOfGainOnSalesOfRealEstate	0	usd
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	1971000	usd
CY2022Q1	us-gaap	Share Based Compensation ShareBasedCompensation	2296000	usd
CY2023Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-2457000	usd
CY2022Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-16026000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	39687000	usd
CY2022Q1	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	40300000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	281000	usd
CY2022Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	735000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	276919000	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	315143000	usd
CY2023Q1	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	0	usd
CY2022Q1	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	61000	usd
CY2023Q1	ess	Redevelopment Expenditures RedevelopmentExpenditures	21265000	usd
CY2022Q1	ess	Redevelopment Expenditures RedevelopmentExpenditures	18004000	usd
CY2023Q1	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	3791000	usd
CY2022Q1	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	6882000	usd
CY2023Q1	ess	Revenue Generating Capital Expenditures RevenueGeneratingCapitalExpenditures	21084000	usd
CY2022Q1	ess	Revenue Generating Capital Expenditures RevenueGeneratingCapitalExpenditures	24917000	usd
CY2023Q1	us-gaap	Payments To Acquire Notes Receivable PaymentsToAcquireNotesReceivable	14883000	usd
CY2022Q1	us-gaap	Payments To Acquire Notes Receivable PaymentsToAcquireNotesReceivable	134697000	usd
CY2023Q1	us-gaap	Proceeds From Sale And Collection Of Receivables ProceedsFromSaleAndCollectionOfReceivables	0	usd
CY2022Q1	us-gaap	Proceeds From Sale And Collection Of Receivables ProceedsFromSaleAndCollectionOfReceivables	270338000	usd
CY2023Q1	us-gaap	Proceeds From Insurance Settlement Investing Activities ProceedsFromInsuranceSettlementInvestingActivities	152000	usd
CY2022Q1	us-gaap	Proceeds From Insurance Settlement Investing Activities ProceedsFromInsuranceSettlementInvestingActivities	88000	usd
CY2023Q1	us-gaap	Proceeds From Sale Of Real Estate Heldforinvestment ProceedsFromSaleOfRealEstateHeldforinvestment	99388000	usd
CY2022Q1	us-gaap	Proceeds From Sale Of Real Estate Heldforinvestment ProceedsFromSaleOfRealEstateHeldforinvestment	0	usd
CY2023Q1	us-gaap	Payments To Acquire Equity Method Investments PaymentsToAcquireEquityMethodInvestments	7967000	usd
CY2022Q1	us-gaap	Payments To Acquire Equity Method Investments PaymentsToAcquireEquityMethodInvestments	79284000	usd
CY2023Q1	ess	Increase Decrease In Refundable Deposits IncreaseDecreaseInRefundableDeposits	9000000	usd
CY2022Q1	ess	Increase Decrease In Refundable Deposits IncreaseDecreaseInRefundableDeposits	-6318000	usd
CY2023Q1	us-gaap	Payments To Acquire Marketable Securities PaymentsToAcquireMarketableSecurities	11073000	usd
CY2022Q1	us-gaap	Payments To Acquire Marketable Securities PaymentsToAcquireMarketableSecurities	10826000	usd
CY2023Q1	ess	Payments For Proceeds From Sales And Maturities Of Marketable Securities PaymentsForProceedsFromSalesAndMaturitiesOfMarketableSecurities	-26681000	usd
CY2022Q1	ess	Payments For Proceeds From Sales And Maturities Of Marketable Securities PaymentsForProceedsFromSalesAndMaturitiesOfMarketableSecurities	-27911000	usd
CY2023Q1	us-gaap	Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital	0	usd
CY2022Q1	us-gaap	Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital	88370000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	55158000	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	105718000	usd
CY2023Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	206000	usd
CY2022Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	904000	usd
CY2023Q1	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	327524000	usd
CY2022Q1	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	391472000	usd
CY2023Q1	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	379141000	usd
CY2022Q1	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	634729000	usd
CY2023Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	95657000	usd
CY2022Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	0	usd
CY2023Q1	us-gaap	Payment Of Financing And Stock Issuance Costs PaymentOfFinancingAndStockIssuanceCosts	166000	usd
CY2022Q1	us-gaap	Payment Of Financing And Stock Issuance Costs PaymentOfFinancingAndStockIssuanceCosts	0	usd
CY2023Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	-72000	usd
CY2022Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	-141000	usd
CY2023Q1	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	0	usd
CY2022Q1	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	19083000	usd
CY2023Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	0	usd
CY2022Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	2216000	usd
CY2023Q1	us-gaap	Proceeds From Contributions From Affiliates ProceedsFromContributionsFromAffiliates	0	usd
CY2022Q1	us-gaap	Proceeds From Contributions From Affiliates ProceedsFromContributionsFromAffiliates	125000	usd
CY2023Q1	us-gaap	Payments Of Distributions To Affiliates PaymentsOfDistributionsToAffiliates	7580000	usd
CY2022Q1	us-gaap	Payments Of Distributions To Affiliates PaymentsOfDistributionsToAffiliates	7218000	usd
CY2023Q1	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	173000	usd
CY2022Q1	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	26000	usd
CY2023Q1	us-gaap	Payments Of Ordinary Dividends PaymentsOfOrdinaryDividends	142129000	usd
CY2022Q1	us-gaap	Payments Of Ordinary Dividends PaymentsOfOrdinaryDividends	136392000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-297600000	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-370946000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	34477000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	34477000	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	49915000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	42681000	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	58638000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	77158000	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	108553000	usd
CY2023Q1	us-gaap	Interest Paid Capitalized InterestPaidCapitalized	300000	usd
CY2022Q1	us-gaap	Interest Paid Capitalized InterestPaidCapitalized	900000	usd
CY2023Q1	us-gaap	Interest Paid Net InterestPaidNet	52686000	usd
CY2022Q1	us-gaap	Interest Paid Net InterestPaidNet	51168000	usd
CY2023Q1	us-gaap	Operating Lease Payments OperatingLeasePayments	1762000	usd
CY2022Q1	us-gaap	Operating Lease Payments OperatingLeasePayments	1738000	usd
CY2023Q1	ess	Transfer From Real Estate Under Development To Rental Properties TransferFromRealEstateUnderDevelopmentToRentalProperties	121000	usd
CY2022Q1	ess	Transfer From Real Estate Under Development To Rental Properties TransferFromRealEstateUnderDevelopmentToRentalProperties	4346000	usd
CY2023Q1	ess	Transfers From Real Estate Under Development To Co Investments TransfersFromRealEstateUnderDevelopmentToCoInvestments	467000	usd
CY2022Q1	ess	Transfers From Real Estate Under Development To Co Investments TransfersFromRealEstateUnderDevelopmentToCoInvestments	858000	usd
CY2023Q1	ess	Reclassification From To Redeemable Noncontrolling Interest ReclassificationFromToRedeemableNoncontrollingInterest	3058000	usd
CY2022Q1	ess	Reclassification From To Redeemable Noncontrolling Interest ReclassificationFromToRedeemableNoncontrollingInterest	5073000	usd
CY2023Q1	ess	Casualty Loss CasualtyLoss	433000	usd
CY2022Q1	ess	Casualty Loss CasualtyLoss	0	usd
CY2023Q1	ess	Number Of Apartment Communities Owned NumberOfApartmentCommunitiesOwned	251	community
CY2023Q1	ess	Aggregate Apartment Units Owned AggregateApartmentUnitsOwned	61924	apartment
CY2023Q1	ess	Ownership Interests Number Of Commercial Buildings OwnershipInterestsNumberOfCommercialBuildings	3	building
CY2023Q1	ess	Ownership Interests Number Of Unconsolidated Joint Venture Projects OwnershipInterestsNumberOfUnconsolidatedJointVentureProjects	1	project
CY2023Q1	us-gaap	Equity Securities Fv Ni EquitySecuritiesFvNi	100000	usd
CY2022Q4	us-gaap	Equity Securities Fv Ni EquitySecuritiesFvNi	200000	usd
CY2023Q1	us-gaap	Proceeds From Sale And Maturity Of Marketable Securities ProceedsFromSaleAndMaturityOfMarketableSecurities	26700000	usd
CY2022Q1	us-gaap	Proceeds From Sale And Maturity Of Marketable Securities ProceedsFromSaleAndMaturityOfMarketableSecurities	27900000	usd
CY2023Q1	us-gaap	Marketable Securities Realized Gain Loss Excluding Other Than Temporary Impairments MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments	900000	usd
CY2022Q1	us-gaap	Marketable Securities Realized Gain Loss Excluding Other Than Temporary Impairments MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments	12200000	usd
CY2022Q4	ess	Number Of Downreit Limited Partnerships Consolidated By Company NumberOfDownreitLimitedPartnershipsConsolidatedByCompany	18	partnership
CY2023Q1	ess	Number Of Downreit Limited Partnerships Consolidated By Company NumberOfDownreitLimitedPartnershipsConsolidatedByCompany	18	partnership
CY2022Q4	ess	Number Of Communities Within Downreit Partnerships NumberOfCommunitiesWithinDownreitPartnerships	9	community
CY2023Q1	ess	Number Of Communities Within Downreit Partnerships NumberOfCommunitiesWithinDownreitPartnerships	9	community
CY2023Q1	ess	Variable Interest Entity Number Of Consolidated Coinvestments Determined To Be Variable Interest Entities VariableInterestEntityNumberOfConsolidatedCoinvestmentsDeterminedToBeVariableInterestEntities	6	investment
CY2022Q4	ess	Variable Interest Entity Number Of Consolidated Coinvestments Determined To Be Variable Interest Entities VariableInterestEntityNumberOfConsolidatedCoinvestmentsDeterminedToBeVariableInterestEntities	6	investment
CY2023Q1	ess	Assets Related To Variable Interest Entities Net Intercompany Eliminations AssetsRelatedToVariableInterestEntitiesNetIntercompanyEliminations	945900000	usd
CY2023Q1	ess	Liabilities Related To Variable Interest Entities Net Of Intercompany Eliminations LiabilitiesRelatedToVariableInterestEntitiesNetOfIntercompanyEliminations	326700000	usd
CY2022Q4	ess	Assets Related To Variable Interest Entities Net Intercompany Eliminations AssetsRelatedToVariableInterestEntitiesNetIntercompanyEliminations	939400000	usd
CY2022Q4	ess	Liabilities Related To Variable Interest Entities Net Of Intercompany Eliminations LiabilitiesRelatedToVariableInterestEntitiesNetOfIntercompanyEliminations	324300000	usd
CY2023Q1	us-gaap	Noncontrolling Interest In Variable Interest Entity NoncontrollingInterestInVariableInterestEntity	121400000	usd
CY2022Q4	us-gaap	Noncontrolling Interest In Variable Interest Entity NoncontrollingInterestInVariableInterestEntity	121500000	usd
CY2022Q4	ess	Fixed Rate Debt Carrying Amount FixedRateDebtCarryingAmount	5700000000	usd
CY2023Q1	ess	Fixed Rate Debt Carrying Amount FixedRateDebtCarryingAmount	5700000000	usd
CY2023Q1	ess	Fixed Rate Debt Fair Value FixedRateDebtFairValue	5300000000	usd
CY2022Q4	ess	Fixed Rate Debt Fair Value FixedRateDebtFairValue	5200000000	usd
CY2023Q1	ess	Variable Rate Debt Carrying Amount VariableRateDebtCarryingAmount	222400000	usd
CY2022Q4	ess	Variable Rate Debt Carrying Amount VariableRateDebtCarryingAmount	274200000	usd
CY2023Q1	ess	Variable Rate Debt Fair Value VariableRateDebtFairValue	221600000	usd
CY2022Q4	ess	Variable Rate Debt Fair Value VariableRateDebtFairValue	273200000	usd
CY2023Q1	ess	Capitalized Internal Costs Related To Development And Redevelopment Projects CapitalizedInternalCostsRelatedToDevelopmentAndRedevelopmentProjects	4800000	usd
CY2022Q1	ess	Capitalized Internal Costs Related To Development And Redevelopment Projects CapitalizedInternalCostsRelatedToDevelopmentAndRedevelopmentProjects	5400000	usd
CY2023Q1	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	30200000	usd
CY2022Q4	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	27200000	usd
CY2022Q4	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	27150000	usd
CY2023Q1	ess	Noncontrolling Interest Reset Of Prior Year Redemptions NoncontrollingInterestResetOfPriorYearRedemptions	-3058000	usd
CY2023Q1	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	30208000	usd
CY2023Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	67712000	usd
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	33295000	usd
CY2022Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	98107000	usd
CY2021Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	48420000	usd
CY2023Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	9446000	usd
CY2022Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	9386000	usd
CY2022Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	10446000	usd
CY2021Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	10218000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	77158000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	42681000	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	108553000	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	58638000	usd
CY2023Q1	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>
CY2023Q1	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	218.88
CY2023Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	2765000	usd
CY2022Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	2689000	usd
CY2023Q1	us-gaap	Revenues Revenues	412421000	usd
CY2022Q1	us-gaap	Revenues Revenues	381905000	usd
CY2023Q1	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	1500000	usd
CY2022Q4	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	1700000	usd
CY2023Q1	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	200000	usd
CY2023Q1	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	1500000	usd
CY2023Q1	us-gaap	Revenue Remaining Performance Obligation Percentage RevenueRemainingPerformanceObligationPercentage	0.34
CY2023Q1	us-gaap	Revenue Remaining Performance Obligation Percentage RevenueRemainingPerformanceObligationPercentage	0.53
CY2023Q1	ess	Number Of Technology Co Investments NumberOfTechnologyCoInvestments	6	investment
CY2023Q1	ess	Co Investment In Advance To Affiliates Subsidiaries Associates And Joint Ventures CoInvestmentInAdvanceToAffiliatesSubsidiariesAssociatesAndJointVentures	32000000	usd
CY2022Q4	ess	Co Investment In Advance To Affiliates Subsidiaries Associates And Joint Ventures CoInvestmentInAdvanceToAffiliatesSubsidiariesAssociatesAndJointVentures	39400000	usd
CY2022Q4	ess	Co Investment Committed Capital In Advance To Affiliates Subsidiaries Associates And Joint Ventures CoInvestmentCommittedCapitalInAdvanceToAffiliatesSubsidiariesAssociatesAndJointVentures	87000000	usd
CY2023Q1	ess	Co Investment Committed Capital In Advance To Affiliates Subsidiaries Associates And Joint Ventures CoInvestmentCommittedCapitalInAdvanceToAffiliatesSubsidiariesAssociatesAndJointVentures	87000000	usd
CY2023Q1	ess	Investments In Distributions In Excess Of Investments In And Advance To Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInDistributionsInExcessOfInvestmentsInAndAdvanceToAffiliatesSubsidiariesAssociatesAndJointVentures	1080874000	usd
CY2022Q4	ess	Investments In Distributions In Excess Of Investments In And Advance To Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInDistributionsInExcessOfInvestmentsInAndAdvanceToAffiliatesSubsidiariesAssociatesAndJointVentures	1084959000	usd
CY2023Q1	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	418000	usd
CY2022Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	334000	usd
CY2023Q1	us-gaap	Notes Receivable Net NotesReceivableNet	120586000	usd
CY2022Q4	us-gaap	Notes Receivable Net NotesReceivableNet	103045000	usd
CY2023Q1	ess	Unsecured Debt And Line Of Credit UnsecuredDebtAndLineOfCredit	5907305000	usd
CY2022Q4	ess	Unsecured Debt And Line Of Credit UnsecuredDebtAndLineOfCredit	5958184000	usd
CY2023Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear	302223000	usd
CY2023Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	403109000	usd
CY2023Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	633054000	usd
CY2023Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	549405000	usd
CY2023Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	503955000	usd
CY2023Q1	ess	Long Term Debt Maturities Repayments Of Principal After Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFour	3552269000	usd
CY2023Q1	us-gaap	Long Term Debt LongTermDebt	5944015000	usd
CY2023Q1	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	3	segment
CY2023Q1	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	3	segment
CY2023Q1	ess	Net Operating Income From Segments NetOperatingIncomeFromSegments	289244000	usd
CY2022Q1	ess	Net Operating Income From Segments NetOperatingIncomeFromSegments	263116000	usd
CY2023Q1	ess	Corporate Property Management Expenses CorporatePropertyManagementExpenses	11432000	usd
CY2022Q1	ess	Corporate Property Management Expenses CorporatePropertyManagementExpenses	10172000	usd
CY2023Q1	us-gaap	Depreciation Depreciation	136347000	usd
CY2022Q1	us-gaap	Depreciation Depreciation	133533000	usd
CY2023Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	15311000	usd
CY2022Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	12242000	usd
CY2023Q1	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	339000	usd
CY2022Q1	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	8000	usd
CY2023Q1	ess	Casualty Loss CasualtyLoss	433000	usd
CY2022Q1	ess	Casualty Loss CasualtyLoss	0	usd
CY2023Q1	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	59238000	usd
CY2022Q1	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	0	usd
CY2023Q1	us-gaap	Interest Expense InterestExpense	51045000	usd
CY2022Q1	us-gaap	Interest Expense InterestExpense	50377000	usd
CY2023Q1	us-gaap	Derivative Gain On Derivative DerivativeGainOnDerivative	1033000	usd
CY2022Q1	us-gaap	Derivative Gain On Derivative DerivativeGainOnDerivative	2544000	usd
CY2023Q1	ess	Interest And Other Income Expense InterestAndOtherIncomeExpense	12450000	usd
CY2022Q1	ess	Interest And Other Income Expense InterestAndOtherIncomeExpense	-7567000	usd
CY2023Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	10871000	usd
CY2022Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	21171000	usd
CY2023Q1	us-gaap	Deferred Other Tax Expense Benefit DeferredOtherTaxExpenseBenefit	-900000	usd
CY2022Q1	us-gaap	Deferred Other Tax Expense Benefit DeferredOtherTaxExpenseBenefit	-2754000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	161594000	usd
CY2022Q1	us-gaap	Profit Loss ProfitLoss	78375000	usd
CY2023Q1	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	10687033000	usd
CY2022Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	10814094000	usd
CY2023Q1	ess	Real Estate Development In Process RealEstateDevelopmentInProcess	21909000	usd
CY2022Q4	ess	Real Estate Development In Process RealEstateDevelopmentInProcess	24857000	usd
CY2023Q1	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	1131183000	usd
CY2022Q4	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	1127491000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	77158000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	42681000	usd
CY2023Q1	us-gaap	Equity Securities Fv Ni Current And Noncurrent EquitySecuritiesFvNiCurrentAndNoncurrent	107002000	usd
CY2022Q4	us-gaap	Equity Securities Fv Ni Current And Noncurrent EquitySecuritiesFvNiCurrentAndNoncurrent	112743000	usd
CY2023Q1	us-gaap	Notes Receivable Net NotesReceivableNet	120586000	usd
CY2022Q4	us-gaap	Notes Receivable Net NotesReceivableNet	103045000	usd
CY2023Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	66373000	usd
CY2022Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	67239000	usd
CY2023Q1	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	68530000	usd
CY2022Q4	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	80755000	usd
CY2023Q1	us-gaap	Assets Assets	12279774000	usd
CY2022Q4	us-gaap	Assets Assets	12372905000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	153532000	usd
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	64458535	shares
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.38
CY2022Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	73254000	usd
CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	65275775	shares
CY2022Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.12
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	153532000	usd
CY2023Q1	ess	Adjusted Income From Continuing Operations Available To Common Stockholders AdjustedIncomeFromContinuingOperationsAvailableToCommonStockholders	64459689	shares
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.38
CY2022Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	73254000	usd
CY2022Q1	ess	Adjusted Income From Continuing Operations Available To Common Stockholders AdjustedIncomeFromContinuingOperationsAvailableToCommonStockholders	65339378	shares
CY2022Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.12
CY2022Q4	ess	Debt Instrument Balance Drawn DebtInstrumentBalanceDrawn	0	usd
CY2023Q1	ess	Debt Instrument Balance Drawn DebtInstrumentBalanceDrawn	0	usd

Files In Submission

Name	View Source	Status
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$ESS
ESSEX PROPERTY TRUST, INC. Stock $ess

2023 Q2 Form 10-Q Financial Statement

#000092052223000011 Filed on April 28, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ESS ESSEX PROPERTY TRUST, INC. Stock $ess

2023 Q2 Form 10-Q Financial Statement

#000092052223000011 Filed on April 28, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ESS
ESSEX PROPERTY TRUST, INC. Stock $ess