$ESS
ESSEX PROPERTY TRUST, INC. Stock $ess

$ess Overview Financials Valuation SEC Filings Company Website

2023 Q4 Form 10-Q Financial Statement

#000092052223000042 Filed on October 27, 2023

Income Statement

Concept	2023 Q4	2023 Q3
Revenue	$421.7M	$419.2M
YoY Change	1.58%	2.3%
Cost Of Revenue	$121.9M	$123.9M
YoY Change	3.69%	3.21%
Gross Profit	$299.8M	$295.3M
YoY Change	0.75%	1.93%
Gross Profit Margin	71.09%	70.44%
Selling, General & Admin	$31.22M	$26.12M
YoY Change	19.14%	2.99%
% of Gross Profit	10.41%	8.84%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$138.0M	$137.4M
YoY Change	1.66%	1.36%
% of Gross Profit	46.04%	46.52%
Operating Expenses	$169.2M	$163.5M
YoY Change	4.49%	1.62%
Operating Profit	$130.6M	$131.8M
YoY Change	-3.72%	2.47%
Interest Expense	-$60.53M	$54.16M
YoY Change	66.77%	4.87%
% of Operating Profit	-46.36%	41.1%
Other Income/Expense, Net	$540.0K	-$404.0K
YoY Change	-77.24%	-76.98%
Pretax Income	$70.35M	$93.01M
YoY Change	-63.78%	-5.77%
Income Tax
% Of Pretax Income
Net Earnings	$65.39M	$93.01M
YoY Change	-64.69%	-5.77%
Net Earnings / Revenue	15.5%	22.19%
Basic Earnings Per Share		$1.36
Diluted Earnings Per Share	$1.02	$1.36
COMMON SHARES
Basic Shares Outstanding	64.18M shares	64.18M shares
Diluted Shares Outstanding		64.19M shares

Balance Sheet

Concept	2023 Q4	2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$400.3M	$392.0M
YoY Change	174.13%	112.57%
Cash & Equivalents	$400.3M	$392.0M
Short-Term Investments	$87.80M
Other Short-Term Assets	$79.17M	$75.76M
YoY Change	-1.96%	4.98%
Inventory	$23.72M	$23.07M
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$503.2M	$512.3M
YoY Change	196.54%	196.65%
LONG-TERM ASSETS
Property, Plant & Equipment	$10.53B	$10.61B
YoY Change	-3.19%	-3.46%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$1.150B	$1.224B
YoY Change	-7.31%	-4.92%
Other Assets	$8.585M	$8.503M
YoY Change	-8.53%	-21.69%
Total Long-Term Assets	$11.86B	$11.99B
YoY Change	-2.83%	-3.74%
TOTAL ASSETS
Total Short-Term Assets	$503.2M	$512.3M
Total Long-Term Assets	$11.86B	$11.99B
Total Assets	$12.36B	$12.50B
YoY Change	-0.09%	-1.0%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$175.4M	$215.2M
YoY Change	6.01%	-3.21%
Accrued Expenses	$65.09M	$65.93M
YoY Change	-5.25%	-3.11%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$65.09M	$459.6M
YoY Change	-83.99%	-1.32%
LONG-TERM LIABILITIES
Long-Term Debt	$6.206B	$6.205B
YoY Change	4.15%	0.62%
Other Long-Term Liabilities	$464.4M	$96.66M
YoY Change	440.19%	-79.81%
Total Long-Term Liabilities	$6.670B	$6.302B
YoY Change	10.36%	-5.18%
TOTAL LIABILITIES
Total Short-Term Liabilities	$65.09M	$459.6M
Total Long-Term Liabilities	$6.670B	$6.302B
Total Liabilities	$6.939B	$6.761B
YoY Change	7.57%	0.71%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock	$6.000K	$6.000K
YoY Change	0.0%	0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$5.423B	$5.532B
YoY Change
Total Liabilities & Shareholders Equity	$12.36B	$12.50B
YoY Change	-0.09%	-1.0%

Cashflow Statement

Concept	2023 Q4	2023 Q3
OPERATING ACTIVITIES
Net Income	$65.39M	$93.01M
YoY Change	-64.69%	-5.77%
Depreciation, Depletion And Amortization	$138.0M	$137.4M
YoY Change	1.66%	1.36%
Cash From Operating Activities	$203.7M	$288.1M
YoY Change	22.02%	-3.72%
INVESTING ACTIVITIES
Capital Expenditures	$65.28M	$54.50M
YoY Change	-27.38%	-156.62%
Acquisitions
YoY Change
Other Investing Activities	$22.57M	-$13.40M
YoY Change	-92.61%	-82.08%
Cash From Investing Activities	-$42.72M	-$67.90M
YoY Change	-119.84%	-60.3%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-161.1M	111.2M
YoY Change	-59.02%	-190.39%
NET CHANGE
Cash From Operating Activities	203.7M	288.1M
Cash From Investing Activities	-42.72M	-67.90M
Cash From Financing Activities	-161.1M	111.2M
Net Change In Cash	-163.0K	331.4M
YoY Change	-98.5%	6390.07%
FREE CASH FLOW
Cash From Operating Activities	$203.7M	$288.1M
Capital Expenditures	$65.28M	$54.50M
Free Cash Flow	$138.4M	$233.6M
YoY Change	79.7%	-40.94%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q3	us-gaap	Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1 RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1	P2Y
CY2023Q3	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	usd
CY2023Q3	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	-106000	usd
CY2023Q3	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	2289000	usd
CY2023Q3	us-gaap	Minority Interest Change In Redemption Value MinorityInterestChangeInRedemptionValue	1395000	usd
CY2023Q3	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	7973000	usd
CY2023Q3	ess	Redemptions Of Noncontrolling Interest RedemptionsOfNoncontrollingInterest	0	usd
CY2023Q3	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	2.31
CY2023Q3	us-gaap	Dividends Common Stock DividendsCommonStock	148285000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	5895116000	usd
	us-gaap	Profit Loss ProfitLoss	360359000	usd
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	9205000	usd
	ess	Stock Option And Restricted Stock Plans StockOptionAndRestrictedStockPlans	0	usd
	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	-231000	usd
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	9935000	usd
	us-gaap	Treasury Stock Retired Par Value Method Amount TreasuryStockRetiredParValueMethodAmount	95657000	usd
	us-gaap	Minority Interest Change In Redemption Value MinorityInterestChangeInRedemptionValue	-2810000	usd
	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	24006000	usd
	ess	Redemptions Of Noncontrolling Interest RedemptionsOfNoncontrollingInterest	609000	usd
	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	6.93
	us-gaap	Dividends Common Stock DividendsCommonStock	444855000	usd
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
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	776390000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	808735000	usd
	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	23845000	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
CY2021Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	6176508000	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
	us-gaap	Profit Loss ProfitLoss	360359000	usd
	us-gaap	Profit Loss ProfitLoss	238765000	usd
	us-gaap	Straight Line Rent StraightLineRent	-1650000	usd
	us-gaap	Straight Line Rent StraightLineRent	-5529000	usd
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	410422000	usd
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	403561000	usd
	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	5028000	usd
	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	4916000	usd
	us-gaap	Gain Loss On Investments GainLossOnInvestments	4294000	usd
	us-gaap	Gain Loss On Investments GainLossOnInvestments	-51126000	usd
	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	51000	usd
	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	64000	usd
	ess	Gain Loss From Equity Method Investments GainLossFromEquityMethodInvestments	33802000	usd
	ess	Gain Loss From Equity Method Investments GainLossFromEquityMethodInvestments	23756000	usd
	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	48229000	usd
	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	86854000	usd
	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	8919000	usd
	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	10748000	usd
	ess	Casualty Loss CasualtyLoss	433000	usd
	ess	Casualty Loss CasualtyLoss	0	usd
	ess	Companys Share Of Gain On Sales Of Real Estate CompanysShareOfGainOnSalesOfRealEstate	59238000	usd
	ess	Companys Share Of Gain On Sales Of Real Estate CompanysShareOfGainOnSalesOfRealEstate	0	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	5943000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	6589000	usd
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	usd
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-2000	usd
	ess	Gain On Remeasurement Of Co Investment GainOnRemeasurementOfCoInvestment	0	usd
	ess	Gain On Remeasurement Of Co Investment GainOnRemeasurementOfCoInvestment	17423000	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-3024000	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-15406000	usd
	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	44971000	usd
	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	38948000	usd
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	2533000	usd
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	8902000	usd
	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	21759000	usd
	ess	Redevelopment Expenditures RedevelopmentExpenditures	56168000	usd
	ess	Redevelopment Expenditures RedevelopmentExpenditures	67974000	usd
	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	6317000	usd
	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	22754000	usd
	ess	Revenue Generating Capital Expenditures RevenueGeneratingCapitalExpenditures	94304000	usd
CY2023Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	400497000	usd
CY2022Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	53569000	usd
	us-gaap	Interest Paid Capitalized InterestPaidCapitalized	700000	usd
	us-gaap	Interest Paid Capitalized InterestPaidCapitalized	1900000	usd
	ess	Revenue Generating Capital Expenditures RevenueGeneratingCapitalExpenditures	107105000	usd
	us-gaap	Payments To Acquire Notes Receivable PaymentsToAcquireNotesReceivable	52888000	usd
	us-gaap	Payments To Acquire Notes Receivable PaymentsToAcquireNotesReceivable	160013000	usd
	us-gaap	Proceeds From Sale And Collection Of Receivables ProceedsFromSaleAndCollectionOfReceivables	0	usd
	us-gaap	Proceeds From Sale And Collection Of Receivables ProceedsFromSaleAndCollectionOfReceivables	303088000	usd
	us-gaap	Proceeds From Insurance Settlement Investing Activities ProceedsFromInsuranceSettlementInvestingActivities	2991000	usd
	us-gaap	Proceeds From Insurance Settlement Investing Activities ProceedsFromInsuranceSettlementInvestingActivities	4325000	usd
	us-gaap	Proceeds From Sale Of Real Estate Heldforinvestment ProceedsFromSaleOfRealEstateHeldforinvestment	99388000	usd
	us-gaap	Proceeds From Sale Of Real Estate Heldforinvestment ProceedsFromSaleOfRealEstateHeldforinvestment	0	usd
	us-gaap	Payments To Acquire Equity Method Investments PaymentsToAcquireEquityMethodInvestments	32169000	usd
	us-gaap	Payments To Acquire Equity Method Investments PaymentsToAcquireEquityMethodInvestments	159461000	usd
	ess	Increase Decrease In Refundable Deposits IncreaseDecreaseInRefundableDeposits	10200000	usd
	ess	Increase Decrease In Refundable Deposits IncreaseDecreaseInRefundableDeposits	-16318000	usd
	us-gaap	Payments To Acquire Marketable Securities PaymentsToAcquireMarketableSecurities	11552000	usd
	us-gaap	Payments To Acquire Marketable Securities PaymentsToAcquireMarketableSecurities	12760000	usd
	ess	Payments For Proceeds From Sales And Maturities Of Marketable Securities PaymentsForProceedsFromSalesAndMaturitiesOfMarketableSecurities	-46989000	usd
	ess	Payments For Proceeds From Sales And Maturities Of Marketable Securities PaymentsForProceedsFromSalesAndMaturitiesOfMarketableSecurities	-30025000	usd
	us-gaap	Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital	15251000	usd
	us-gaap	Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital	161324000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-102424000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-69382000	usd
	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	598000000	usd
	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	0	usd
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	301678000	usd
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	24103000	usd
	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	844021000	usd
	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	1053663000	usd
	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	1175440000	usd
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	-231000	usd
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	-314000	usd
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	0	usd
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	19410000	usd
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	0	usd
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	2216000	usd
	us-gaap	Proceeds From Contributions From Affiliates ProceedsFromContributionsFromAffiliates	0	usd
	us-gaap	Proceeds From Contributions From Affiliates ProceedsFromContributionsFromAffiliates	125000	usd
	us-gaap	Payments Of Distributions To Affiliates PaymentsOfDistributionsToAffiliates	23532000	usd
	us-gaap	Payments Of Distributions To Affiliates PaymentsOfDistributionsToAffiliates	22606000	usd
	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	609000	usd
	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	10929000	usd
	us-gaap	Payments For Repurchase Of Redeemable Noncontrolling Interest PaymentsForRepurchaseOfRedeemableNoncontrollingInterest	0	usd
	us-gaap	Payments For Repurchase Of Redeemable Noncontrolling Interest PaymentsForRepurchaseOfRedeemableNoncontrollingInterest	478000	usd
	us-gaap	Payments Of Ordinary Dividends PaymentsOfOrdinaryDividends	438689000	usd
	us-gaap	Payments Of Ordinary Dividends PaymentsOfOrdinaryDividends	423443000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-316150000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-744422000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	357816000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-5069000	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
	us-gaap	Interest Paid Net InterestPaidNet	159758000	usd
	us-gaap	Interest Paid Net InterestPaidNet	149970000	usd
	us-gaap	Operating Lease Payments OperatingLeasePayments	5298000	usd
CY2022Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	2886000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	8328000	usd
CY2023Q3	us-gaap	Revenues Revenues	419183000	usd
CY2022Q3	us-gaap	Revenues Revenues	409748000	usd
	us-gaap	Operating Lease Payments OperatingLeasePayments	5225000	usd
	ess	Transfer From Real Estate Under Development To Rental Properties TransferFromRealEstateUnderDevelopmentToRentalProperties	827000	usd
	ess	Transfer From Real Estate Under Development To Rental Properties TransferFromRealEstateUnderDevelopmentToRentalProperties	98024000	usd
	ess	Transfers From Real Estate Under Development To Co Investments TransfersFromRealEstateUnderDevelopmentToCoInvestments	1322000	usd
	ess	Transfers From Real Estate Under Development To Co Investments TransfersFromRealEstateUnderDevelopmentToCoInvestments	2090000	usd
	ess	Reclassification From To Redeemable Noncontrolling Interest ReclassificationFromToRedeemableNoncontrollingInterest	2810000	usd
	ess	Reclassification From To Redeemable Noncontrolling Interest ReclassificationFromToRedeemableNoncontrollingInterest	-4950000	usd
	us-gaap	Noncash Or Part Noncash Acquisition Debt Assumed1 NoncashOrPartNoncashAcquisitionDebtAssumed1	0	usd
	us-gaap	Noncash Or Part Noncash Acquisition Debt Assumed1 NoncashOrPartNoncashAcquisitionDebtAssumed1	21303000	usd
CY2023Q3	ess	Number Of Apartment Communities Owned NumberOfApartmentCommunitiesOwned	252	community
CY2023Q3	ess	Aggregate Apartment Units Owned AggregateApartmentUnitsOwned	61997	apartment
CY2023Q3	ess	Ownership Interests Number Of Commercial Buildings OwnershipInterestsNumberOfCommercialBuildings	3	building
CY2023Q3	ess	Ownership Interests Number Of Unconsolidated Joint Venture Projects OwnershipInterestsNumberOfUnconsolidatedJointVentureProjects	1	project
CY2023Q3	us-gaap	Equity Securities Fv Ni EquitySecuritiesFvNi	100000	usd
CY2022Q4	us-gaap	Equity Securities Fv Ni EquitySecuritiesFvNi	200000	usd
	us-gaap	Revenues Revenues	1247647000	usd
CY2022Q4	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	1700000	usd
	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	500000	usd
CY2023Q3	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	1200000	usd
CY2023Q3	ess	Number Of Downreit Limited Partnerships Consolidated By Company NumberOfDownreitLimitedPartnershipsConsolidatedByCompany	18	partnership
CY2022Q4	ess	Number Of Downreit Limited Partnerships Consolidated By Company NumberOfDownreitLimitedPartnershipsConsolidatedByCompany	18	partnership
CY2023Q3	ess	Number Of Communities Within Downreit Partnerships NumberOfCommunitiesWithinDownreitPartnerships	9	community
CY2022Q4	ess	Number Of Communities Within Downreit Partnerships NumberOfCommunitiesWithinDownreitPartnerships	9	community
CY2022Q4	ess	Variable Interest Entity Number Of Consolidated Coinvestments Determined To Be Variable Interest Entities VariableInterestEntityNumberOfConsolidatedCoinvestmentsDeterminedToBeVariableInterestEntities	6	investment
CY2023Q3	ess	Variable Interest Entity Number Of Consolidated Coinvestments Determined To Be Variable Interest Entities VariableInterestEntityNumberOfConsolidatedCoinvestmentsDeterminedToBeVariableInterestEntities	6	investment
CY2023Q3	ess	Assets Related To Variable Interest Entities Net Intercompany Eliminations AssetsRelatedToVariableInterestEntitiesNetIntercompanyEliminations	954400000	usd
CY2023Q3	ess	Liabilities Related To Variable Interest Entities Net Of Intercompany Eliminations LiabilitiesRelatedToVariableInterestEntitiesNetOfIntercompanyEliminations	327600000	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
CY2023Q3	us-gaap	Noncontrolling Interest In Variable Interest Entity NoncontrollingInterestInVariableInterestEntity	121100000	usd
CY2022Q4	us-gaap	Noncontrolling Interest In Variable Interest Entity NoncontrollingInterestInVariableInterestEntity	121500000	usd
CY2023Q3	ess	Fixed Rate Debt Carrying Amount FixedRateDebtCarryingAmount	5700000000	usd
CY2022Q4	ess	Fixed Rate Debt Carrying Amount FixedRateDebtCarryingAmount	5700000000	usd
CY2023Q3	ess	Fixed Rate Debt Fair Value FixedRateDebtFairValue	5100000000	usd
CY2022Q4	ess	Fixed Rate Debt Fair Value FixedRateDebtFairValue	5200000000	usd
CY2023Q3	ess	Variable Rate Debt Carrying Amount VariableRateDebtCarryingAmount	520100000	usd
CY2022Q4	ess	Variable Rate Debt Carrying Amount VariableRateDebtCarryingAmount	274200000	usd
CY2023Q3	ess	Variable Rate Debt Fair Value VariableRateDebtFairValue	519200000	usd
CY2022Q4	ess	Variable Rate Debt Fair Value VariableRateDebtFairValue	273200000	usd
CY2023Q3	us-gaap	Revenue Remaining Performance Obligation Percentage RevenueRemainingPerformanceObligationPercentage	0.68
CY2023Q3	ess	Number Of Technology Co Investments NumberOfTechnologyCoInvestments	6	investment
CY2023Q3	ess	Co Investment In Advance To Affiliates Subsidiaries Associates And Joint Ventures CoInvestmentInAdvanceToAffiliatesSubsidiariesAssociatesAndJointVentures	39800000	usd
CY2023Q3	ess	Co Investment Committed Capital In Advance To Affiliates Subsidiaries Associates And Joint Ventures CoInvestmentCommittedCapitalInAdvanceToAffiliatesSubsidiariesAssociatesAndJointVentures	86000000	usd
CY2022Q4	ess	Number Of Technology Co Investments NumberOfTechnologyCoInvestments	6	investment
CY2022Q4	ess	Co Investment In Advance To Affiliates Subsidiaries Associates And Joint Ventures CoInvestmentInAdvanceToAffiliatesSubsidiariesAssociatesAndJointVentures	39400000	usd
CY2023Q3	ess	Capitalized Internal Costs Related To Development And Redevelopment Projects CapitalizedInternalCostsRelatedToDevelopmentAndRedevelopmentProjects	5000000	usd
CY2022Q3	ess	Capitalized Internal Costs Related To Development And Redevelopment Projects CapitalizedInternalCostsRelatedToDevelopmentAndRedevelopmentProjects	4500000	usd
	ess	Capitalized Internal Costs Related To Development And Redevelopment Projects CapitalizedInternalCostsRelatedToDevelopmentAndRedevelopmentProjects	14400000	usd
	ess	Capitalized Internal Costs Related To Development And Redevelopment Projects CapitalizedInternalCostsRelatedToDevelopmentAndRedevelopmentProjects	15700000	usd
CY2023Q3	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	30000000	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
	ess	Noncontrolling Interest Reset Of Prior Year Redemptions NoncontrollingInterestResetOfPriorYearRedemptions	-2810000	usd
CY2023Q3	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	29960000	usd
CY2022Q4	ess	Co Investment Committed Capital In Advance To Affiliates Subsidiaries Associates And Joint Ventures CoInvestmentCommittedCapitalInAdvanceToAffiliatesSubsidiariesAssociatesAndJointVentures	87000000	usd
CY2022Q4	ess	Investments In Distributions In Excess Of Investments In And Advance To Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInDistributionsInExcessOfInvestmentsInAndAdvanceToAffiliatesSubsidiariesAssociatesAndJointVentures	1084959000	usd
CY2023Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	391994000	usd
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	33295000	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
CY2023Q3	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	8503000	usd
CY2022Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	9386000	usd
CY2022Q3	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	10858000	usd
CY2021Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	10218000	usd
CY2023Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	400497000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	42681000	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
	us-gaap	Use Of Estimates UseOfEstimates	<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Accounting Estimates</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of condensed consolidated financial statements, in accordance with U.S. GAAP, requires the Company to make estimates and judgments that affect the reported amounts of assets, liabilities, revenues and expenses, and related disclosures of contingent assets and liabilities. On an on-going basis, the Company evaluates its estimates, including those related to acquiring, developing and assessing the carrying values of its real estate portfolio, its investments in and advances to joint ventures and affiliates, its notes receivables, and its qualification as a real estate investment trust ("REIT"). The Company bases its estimates on historical experience, current market conditions, and on various other assumptions that are believed to be reasonable under the circumstances. Actual results may vary from those estimates and those estimates could be different under different assumptions or conditions.</span></div>
	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	218.88
CY2023Q3	ess	Number Of Properties NumberOfProperties	4	property
CY2023Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	2785000	usd
CY2023Q3	us-gaap	Depreciation Depreciation	137357000	usd
CY2022Q3	us-gaap	Depreciation Depreciation	135511000	usd
	us-gaap	Depreciation Depreciation	410422000	usd
	us-gaap	Depreciation Depreciation	403561000	usd
CY2023Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	14611000	usd
CY2022Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	15172000	usd
CY2023Q3	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	642000	usd
CY2022Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	334000	usd
CY2023Q3	us-gaap	Notes Receivable Net NotesReceivableNet	164603000	usd
CY2022Q4	us-gaap	Notes Receivable Net NotesReceivableNet	103045000	usd
CY2023Q3	ess	Unsecured Debt And Line Of Credit UnsecuredDebtAndLineOfCredit	6204939000	usd
CY2022Q4	ess	Unsecured Debt And Line Of Credit UnsecuredDebtAndLineOfCredit	5958184000	usd
CY2023Q3	us-gaap	Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear	751000	usd
CY2023Q3	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	403109000	usd
CY2023Q3	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	633054000	usd
CY2023Q3	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	549405000	usd
CY2023Q3	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	803955000	usd
CY2023Q3	ess	Long Term Debt Maturities Repayments Of Principal After Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFour	3850269000	usd
CY2023Q3	us-gaap	Long Term Debt LongTermDebt	6240543000	usd
	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	3	segment
	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	3	segment
CY2023Q3	ess	Net Operating Income From Segments NetOperatingIncomeFromSegments	292502000	usd
CY2022Q3	ess	Net Operating Income From Segments NetOperatingIncomeFromSegments	286819000	usd
	ess	Net Operating Income From Segments NetOperatingIncomeFromSegments	875787000	usd
	ess	Net Operating Income From Segments NetOperatingIncomeFromSegments	833655000	usd
CY2023Q3	ess	Corporate Property Management Expenses CorporatePropertyManagementExpenses	11504000	usd
CY2022Q3	ess	Corporate Property Management Expenses CorporatePropertyManagementExpenses	10184000	usd
	ess	Corporate Property Management Expenses CorporatePropertyManagementExpenses	34387000	usd
	ess	Corporate Property Management Expenses CorporatePropertyManagementExpenses	30532000	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	43735000	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	40541000	usd
CY2023Q3	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	31000	usd
CY2022Q3	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	230000	usd
	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	375000	usd
	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	248000	usd
CY2023Q3	ess	Casualty Loss CasualtyLoss	0	usd
CY2022Q3	ess	Casualty Loss CasualtyLoss	0	usd
	ess	Casualty Loss CasualtyLoss	433000	usd
	ess	Casualty Loss CasualtyLoss	0	usd
CY2023Q3	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	0	usd
CY2022Q3	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	0	usd
	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	59238000	usd
	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	0	usd
CY2023Q3	us-gaap	Interest Expense InterestExpense	54161000	usd
CY2022Q3	us-gaap	Interest Expense InterestExpense	51645000	usd
	us-gaap	Interest Expense InterestExpense	157806000	usd
	us-gaap	Interest Expense InterestExpense	152499000	usd
CY2023Q3	us-gaap	Derivative Gain On Derivative DerivativeGainOnDerivative	690000	usd
CY2022Q3	us-gaap	Derivative Gain On Derivative DerivativeGainOnDerivative	1882000	usd
	us-gaap	Derivative Gain On Derivative DerivativeGainOnDerivative	2544000	usd
	us-gaap	Derivative Gain On Derivative DerivativeGainOnDerivative	6709000	usd
CY2023Q3	ess	Interest And Other Income Expense InterestAndOtherIncomeExpense	4406000	usd
CY2022Q3	ess	Interest And Other Income Expense InterestAndOtherIncomeExpense	-6796000	usd
	ess	Interest And Other Income Expense InterestAndOtherIncomeExpense	29055000	usd
	ess	Interest And Other Income Expense InterestAndOtherIncomeExpense	-31571000	usd
CY2023Q3	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	10694000	usd
CY2022Q3	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	10985000	usd
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	33802000	usd
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	23756000	usd
CY2023Q3	us-gaap	Deferred Other Tax Expense Benefit DeferredOtherTaxExpenseBenefit	404000	usd
CY2022Q3	us-gaap	Deferred Other Tax Expense Benefit DeferredOtherTaxExpenseBenefit	1755000	usd
	us-gaap	Deferred Other Tax Expense Benefit DeferredOtherTaxExpenseBenefit	1237000	usd
	us-gaap	Deferred Other Tax Expense Benefit DeferredOtherTaxExpenseBenefit	-7863000	usd
CY2023Q3	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	usd
CY2022Q3	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-2000	usd
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	usd
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-2000	usd
CY2023Q3	ess	Gain On Remeasurement Of Co Investment GainOnRemeasurementOfCoInvestment	0	usd
CY2022Q3	ess	Gain On Remeasurement Of Co Investment GainOnRemeasurementOfCoInvestment	17423000	usd
	ess	Gain On Remeasurement Of Co Investment GainOnRemeasurementOfCoInvestment	0	usd
	ess	Gain On Remeasurement Of Co Investment GainOnRemeasurementOfCoInvestment	17423000	usd
CY2023Q3	us-gaap	Profit Loss ProfitLoss	93009000	usd
CY2022Q3	us-gaap	Profit Loss ProfitLoss	98700000	usd
	us-gaap	Profit Loss ProfitLoss	360359000	usd
	us-gaap	Profit Loss ProfitLoss	238765000	usd
	ess	Adjusted Income From Continuing Operations Available To Common Stockholders AdjustedIncomeFromContinuingOperationsAvailableToCommonStockholders	65225767	shares
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	3.42
CY2023Q3	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	10545386000	usd
CY2022Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	10814094000	usd
CY2023Q3	ess	Real Estate Development In Process RealEstateDevelopmentInProcess	23067000	usd
CY2022Q4	ess	Real Estate Development In Process RealEstateDevelopmentInProcess	24857000	usd
CY2023Q3	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	1133515000	usd
CY2022Q4	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	1127491000	usd
CY2023Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	400497000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	42681000	usd
CY2023Q3	us-gaap	Equity Securities Fv Ni Current And Noncurrent EquitySecuritiesFvNiCurrentAndNoncurrent	90186000	usd
CY2022Q4	us-gaap	Equity Securities Fv Ni Current And Noncurrent EquitySecuritiesFvNiCurrentAndNoncurrent	112743000	usd
CY2023Q3	us-gaap	Notes Receivable Net NotesReceivableNet	164603000	usd
CY2022Q4	us-gaap	Notes Receivable Net NotesReceivableNet	103045000	usd
CY2023Q3	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	64636000	usd
CY2022Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	67239000	usd
CY2023Q3	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	75757000	usd
CY2022Q4	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	80755000	usd
CY2023Q3	us-gaap	Assets Assets	12497647000	usd
CY2022Q4	us-gaap	Assets Assets	12372905000	usd
CY2023Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	87282000	usd
CY2023Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	64184180	shares
CY2023Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.36
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
CY2023Q3	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	87282000	usd
CY2023Q3	ess	Adjusted Income From Continuing Operations Available To Common Stockholders AdjustedIncomeFromContinuingOperationsAvailableToCommonStockholders	64186020	shares
CY2023Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.36
CY2022Q3	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	92842000	usd
CY2022Q3	ess	Adjusted Income From Continuing Operations Available To Common Stockholders AdjustedIncomeFromContinuingOperationsAvailableToCommonStockholders	65067790	shares
CY2022Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.43
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	340434000	usd
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	64274085	shares
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	5.30
	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 Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	340434000	usd
	ess	Adjusted Income From Continuing Operations Available To Common Stockholders AdjustedIncomeFromContinuingOperationsAvailableToCommonStockholders	64275279	shares
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	5.30
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	223150000	usd
CY2023Q3	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2023Q3	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false
CY2023Q3	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2023Q3	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false

Files In Submission

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ESSEX PROPERTY TRUST, INC. Stock $ess

2023 Q4 Form 10-Q Financial Statement

#000092052223000042 Filed on October 27, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ESS ESSEX PROPERTY TRUST, INC. Stock $ess

2023 Q4 Form 10-Q Financial Statement

#000092052223000042 Filed on October 27, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

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ESSEX PROPERTY TRUST, INC. Stock $ess