ESSEX PROPERTY TRUST, INC. ESS Income Statement

Essex property trust, inc. (ESS)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
Revenues:
Rental and other property
1,486,490	1,450,628	1,428,554	1,412,660	1,399,811	1,390,870	1,382,500	1,375,864	1,366,104	1,354,325	1,338,813	1,323,917	1,306,713	1,285,723	1,267,464	1,242,908	1,217,447	1,185,498	1,153,630	1,119,620	1,082,471	961,591	842,125	725,790	617,619	603,327	582,954	565,295	546,279	526,696	507,077	489,785	474,926	460,660	446,831	432,973	417,230	405,728	402,907	402,015	0	0	0
Management and other fees from affiliates
9,809	9,527	9,394	9,273	9,210	9,183	9,459	9,547	9,646	9,574	9,060	8,758	8,490	8,278	8,245	8,256	8,289	8,909	9,299	9,556	10,331	9,347	7,367	6,777	5,975	7,263	9,930	11,231	11,993	11,489	10,508	9,376	8,000	6,780	5,676	4,695	4,297	4,551	4,483	4,680	0	0	0
Total revenues
1,496,299	1,460,155	1,437,948	1,421,933	1,409,021	1,400,053	1,391,959	1,385,411	1,375,750	1,363,899	1,347,873	1,332,675	1,315,203	1,294,001	1,275,709	1,251,164	1,225,736	1,194,407	1,162,929	1,129,176	1,092,802	970,938	849,492	732,567	623,594	610,590	592,884	576,526	558,272	538,185	517,585	499,161	482,926	467,440	452,507	437,668	421,527	410,279	407,390	406,695	0	0	0
Expenses:
Property operating, excluding real estate taxes
248,034	242,525	240,268	236,187	235,136	233,764	232,509	232,442	230,190	229,076	205,293	210,041	215,720	219,655	246,797	243,544	239,406	234,953	231,745	227,511	223,324	204,673	184,363	163,856	144,774	140,060	133,752	130,728	127,315	123,813	119,540	116,419	114,647	113,733	113,102	111,060	107,215	104,049	104,265	101,509	0	0	0
Real estate taxes
158,764	155,170	154,140	153,525	153,275	151,570	150,450	149,306	148,155	146,310	142,905	140,954	140,611	139,162	135,274	133,285	131,421	128,555	128,242	126,419	124,087	107,873	91,955	74,722	58,542	57,276	55,705	53,480	51,014	48,354	46,579	45,477	44,603	43,777	42,385	41,283	40,174	39,115	38,566	37,449	0	0	0
Corporate, Property Management Expenses
33,229	32,899	32,645	32,151	31,721	31,062	30,865	30,677	30,417	30,156	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation
494,741	483,750	481,439	481,482	481,347	479,884	477,275	473,874	472,483	468,881	462,728	455,744	447,478	441,682	446,324	452,165	456,223	453,423	443,648	429,626	417,187	360,592	303,623	249,564	195,945	192,420	186,428	181,098	175,226	169,173	163,652	158,636	154,085	150,009	146,836	140,486	134,392	128,221	123,017	120,389	0	0	0
General and Administrative Expense
54,785	54,262	55,643	54,899	52,097	53,451	47,198	46,385	45,597	41,385	42,950	42,809	42,170	40,751	37,394	38,876	38,727	40,090	43,481	43,831	43,840	40,878	36,213	30,997	28,028	26,684	25,958	24,971	24,146	23,307	21,509	21,199	20,820	20,694	20,868	22,077	22,911	23,255	24,098	23,775	0	0	0
Cost of management and other fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,574	6,513	6,057	5,488	0	-	0	0	-	-	-	-	-	-	-
Merger and integration expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,798	26,786	30,643	55,730	53,530	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Business Combination, Acquisition Related Costs
223	168	107	125	169	194	571	864	1,070	1,569	1,616	1,576	1,569	1,841	2,436	2,533	2,695	2,414	-13,404	-13,734	-13,634	1,878	20,923	20,872	20,343	4,284	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Asset Impairment Charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	0	0
Owned Property Management Costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-
Total expenses
996,881	975,879	964,242	958,369	953,745	949,925	938,868	933,548	927,912	917,377	908,206	896,265	885,167	873,201	868,225	870,403	869,882	863,233	860,498	844,296	850,534	769,424	666,287	565,601	446,893	421,885	405,956	395,795	384,662	371,160	357,621	347,594	339,480	332,823	329,747	321,913	310,626	299,649	302,665	294,226	0	0	0
Gains (Losses) on Sales of Investment Real Estate
-	-	0	0	-	-	0	0	-	26,423	160,726	160,477	160,477	154,561	60,479	60,479	60,479	47,333	14,298	45,670	45,670	46,039	38,853	7,481	7,481	1,503	1,503	1,503	1,503	0	0	0	0	-	-	-	-	-	-	-	-	0	-
Earnings from operations
496,254	481,112	513,323	503,181	517,137	511,989	501,758	500,530	474,261	472,945	439,667	436,410	430,036	420,800	407,484	380,761	355,854	331,174	302,431	284,880	242,268	201,514	183,205	166,966	176,701	188,705	186,928	180,731	173,610	167,025	159,964	151,567	143,446	134,617	122,760	115,755	110,901	110,630	104,725	112,469	0	0	0
Interest expense
218,843	217,339	216,808	217,108	219,274	220,492	221,896	222,638	223,172	222,894	222,260	223,015	221,771	219,654	221,153	214,513	209,747	204,827	195,930	191,707	183,056	164,551	149,816	133,178	120,354	116,524	109,593	105,465	100,797	100,244	99,458	96,490	94,541	91,694	87,351	86,280	83,731	82,756	83,988	84,472	0	0	0
Total return swap income
8,446	8,446	8,237	8,237	8,437	8,707	9,099	9,437	9,768	10,098	10,305	10,910	11,193	11,716	14,735	11,592	8,778	5,655	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11,703	11,644	11,631	11,640	11,494	11,474	9,700	7,607	0	-	0	0	-	-	-
Interest and other income (loss)
28,816	46,298	31,062	30,814	29,362	23,010	27,929	25,282	23,749	24,604	25,661	24,814	28,861	27,305	23,883	26,307	20,152	19,143	17,946	13,571	13,131	11,811	10,991	10,386	9,489	11,633	12,289	12,905	16,443	13,833	15,654	15,392	12,565	17,139	19,469	22,516	26,973	27,841	24,199	21,278	0	0	0
Equity income from co-investments
117,157	112,136	79,456	74,544	72,634	89,132	110,122	113,061	108,320	86,445	50,700	40,541	44,529	48,698	44,831	42,442	32,618	21,861	34,790	32,521	33,678	39,893	24,635	60,527	62,180	55,865	85,042	47,787	43,616	41,745	8,861	5,631	3,246	-467	-1,018	-1,961	-3,047	-1,715	-1,059	-275	0	0	0
Deferred tax expense on unrealized gain on unconsolidated co-investment
-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on early retirement of debt, net
2,702	3,717	7,143	1,668	1,336	0	0	0	0	-	-	-	-	-	0	-	-	-6,114	33,746	33,746	21,094	-268	-178	846	0	-	0	0	-	-	0	0	-	-	0	0	-	-	0	0	-	0	0
Deferred tax expense on gain on sale of real estate and land
-	-	-	-	-	-	-	-	-	-	-	-	-	4,410	4,279	4,279	4,279	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on remeasurement of co-investment
234,694	31,535	32,788	32,788	32,788	1,253	0	0	2,159	88,641	88,641	88,641	86,482	0	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-
Income before discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	0	-	0	0	-	-	-
Income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	0	-	0	0	-	-	-	-	-	0	0
Income from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	31,173	16,017	3,032	2,442	11,937	15,491	14,640	20,191	10,558	5,442	6,286	0	-	0	0	-	0	0
Net income
667,708	464,448	453,706	434,116	442,465	413,599	398,821	397,746	367,131	458,043	552,898	538,025	539,054	438,410	319,655	296,675	270,393	248,239	207,281	218,681	172,785	134,438	126,536	143,829	168,758	172,055	184,790	129,137	142,052	139,590	107,824	98,687	72,250	57,516	48,274	47,615	45,431	50,782	44,502	51,528	0	0	0
Net income attributable to noncontrolling interest
32,274	25,162	25,418	24,188	24,372	23,446	22,875	23,052	22,118	24,984	27,883	27,172	26,947	23,431	19,307	18,251	17,114	16,119	14,612	14,787	13,238	12,288	12,631	14,630	15,766	15,772	16,588	13,504	14,287	14,306	12,395	11,791	10,051	10,446	11,190	12,665	14,205	14,848	15,127	16,074	0	0	0
Net income attributable to controlling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	414,979	300,348	278,424	253,279	232,120	192,669	203,894	159,547	122,150	113,905	129,199	152,992	156,283	168,202	115,633	127,765	125,284	95,429	86,896	62,199	47,070	37,084	34,950	31,226	35,934	29,375	35,454	0	0	0
Dividends to preferred stockholders
-	-	-	-	-	-	-	-	-	-	-	-	-	1,314	2,628	3,942	5,255	5,255	5,254	5,236	5,237	5,291	5,346	5,418	5,472	5,472	5,472	5,472	5,472	5,472	5,472	5,471	5,578	4,753	3,927	3,103	2,171	2,170	2,530	3,571	0	0	0
Preferred Stock Redemption Premium
-	-	-	-	-	-	-	-	-	-	-	-	-	2,541	2,541	2,541	2,541	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	-	0	0
Net income available to common stockholders
635,434	439,286	428,288	409,928	418,093	390,153	375,946	374,694	345,013	433,059	525,015	510,853	512,107	411,124	295,179	271,941	245,483	226,865	187,415	198,658	154,310	116,859	108,559	123,781	147,520	150,811	162,730	110,161	122,293	119,812	89,957	81,425	54,672	40,368	31,208	29,898	29,055	33,764	50,725	55,763	0	0	0
Comprehensive income
0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-
Comprehensive income attributable to noncontrolling interest
0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-
Comprehensive income attributable to controlling interest
0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-
Per share data:
Basic:
Income before discontinued operations available to common stockholders (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.43	1.51	0.65	0.67	1.19	0.45	1.07	0.39	0.28	0.25	0.16	0.25	-	0.21	0.32	-	0.71	0.39
Income from discontinued operations available to common stockholders (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.43	0.33	0.02	0.01	0.03	0.01	0.00	0.28	0.14	-0.02	0.16	0.02	-	0.00	0.00	-	0.08	0.04
Net income available to common stockholders/unitholders (in dollars per share)
4.77	1.95	1.51	1.40	1.81	1.78	1.23	1.52	1.38	1.56	1.21	1.08	2.73	2.99	1.00	1.10	1.19	1.23	0.65	0.70	0.92	0.62	0.85	0.02	0.58	0.86	1.84	0.67	0.68	1.22	0.46	1.07	0.67	0.42	0.23	0.32	0.27	0.16	0.21	0.32	0.45	0.79	0.43
Weighted average number of shares/common units outstanding during the period (in shares)
66,043	66,089	65,850	65,718	65,702	66,020	66,052	66,047	66,044	66,043	65,994	65,729	65,549	65,521	65,507	65,451	65,405	65,352	65,138	64,810	64,185	63,725	62,892	61,884	37,685	37,378	37,320	37,292	37,003	35,930	35,600	34,570	34,027	33,538	33,121	32,040	31,465	30,680	29,690	29,329	28,967	27,591	26,831
Diluted:
Income before discontinued operations available to common stockholders (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.42	1.51	0.65	0.67	1.19	0.44	1.07	0.39	0.28	0.25	0.16	0.25	-	0.21	-0.32	-	0.66	0.39
Income from discontinued operations available to common stockholders (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.43	0.33	0.02	0.01	0.03	0.01	0.00	0.28	0.14	-0.02	0.16	0.02	-	0.00	0.00	-	0.08	0.04
Net income available to common stockholders/unitholders (in dollars per share)
4.76	1.94	1.51	1.40	1.81	1.78	1.22	1.52	1.38	1.56	1.21	1.08	2.72	2.98	1.00	1.10	1.19	1.22	0.65	0.70	0.92	0.61	0.85	0.02	0.58	0.85	1.84	0.67	0.68	1.22	0.45	1.07	0.67	0.42	0.23	0.32	0.27	0.16	0.21	0.32	0.45	0.74	0.43
Weighted average number of shares/common units outstanding during the period (in shares)
66,195	66,179	65,973	65,821	65,783	66,057	66,103	66,096	66,082	65,835	66,078	65,819	65,859	65,600	65,617	65,575	65,557	65,581	65,297	64,972	64,394	63,725	63,069	62,059	37,931	37,421	37,436	37,390	37,092	35,940	35,699	34,708	34,151	33,623	33,209	32,135	31,546	30,753	29,762	29,402	29,018	30,070	26,853
Dividends/Distributions per common share/unit (in dollars per share)
-	-	-	-	-	-	-	-	-	-	1.75	1.75	1.75	-	1.60	1.60	1.60	-	1.44	1.44	1.44	-	1.30	1.30	1.21	-	1.21	1.21	1.21	-	1.10	1.10	1.10	-	1.04	1.04	1.04	-	1.03	1.03	1.03	1.03	1.03
Essex Portfolio, L.P.
Rental and other property
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Management and other fees from affiliates
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Revenues
1,496,299	1,460,155	1,437,948	1,421,933	1,409,021	1,400,053	1,394,195	1,387,647	1,377,986	1,363,899	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Property operating, excluding real estate taxes
248,034	242,525	240,268	236,187	235,136	233,764	232,509	232,442	230,190	229,076	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Real estate taxes
158,764	155,170	154,140	153,525	153,275	151,570	150,450	149,306	148,155	146,310	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Corporate, Property Management Expenses
33,229	32,899	32,645	32,151	31,721	31,062	30,865	30,677	30,417	30,156	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation
494,741	483,750	481,439	481,482	481,347	479,884	477,275	473,874	472,483	468,881	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General and Administrative Expense
54,785	54,262	55,643	54,899	52,097	53,451	47,198	46,385	45,597	41,385	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Business Combination, Acquisition Related Costs
223	168	107	125	169	194	571	864	1,070	1,569	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total expenses
996,881	975,879	964,242	958,369	953,745	949,925	938,868	933,548	927,912	917,377	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gains (Losses) on Sales of Investment Real Estate
-	-	0	0	-	-	0	0	-	26,423	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings from operations
496,254	481,112	513,323	503,181	517,137	511,989	501,758	500,530	474,261	472,945	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense
218,843	217,339	216,808	217,108	219,274	220,492	221,896	222,638	223,172	222,894	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total return swap income
8,385	8,446	8,199	8,229	8,482	8,707	9,127	9,481	9,784	10,098	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest and other income (loss)
28,816	46,298	31,062	30,814	29,362	23,010	27,929	25,282	23,749	24,604	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity income from co-investments
117,157	112,136	79,456	74,544	72,634	89,132	110,122	113,061	108,320	86,445	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred tax expense on unrealized gain on unconsolidated co-investment
-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on early retirement of debt, net
2,702	3,717	7,143	1,668	1,336	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on remeasurement of co-investment
234,694	31,535	32,788	32,788	32,788	1,253	0	0	2,159	88,641	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income
667,708	464,448	453,706	434,116	442,465	413,599	398,821	397,746	367,131	458,043	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income attributable to noncontrolling interest
10,116	9,819	10,484	9,929	9,881	9,994	9,958	10,203	10,307	10,159	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income available to common stockholders
657,592	454,629	443,222	424,187	432,584	403,605	388,863	387,543	356,824	447,884	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Comprehensive income
0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Comprehensive income attributable to noncontrolling interest
0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Comprehensive income attributable to controlling interest
0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income available to common stockholders/unitholders (in dollars per share)
4.77	1.95	1.51	1.40	1.81	1.78	1.23	1.52	1.38	1.56	1.21	1.08	2.73	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Weighted average number of shares/common units outstanding during the period (in shares)
68,344	68,388	68,148	68,018	68,007	68,300	68,325	68,320	68,317	68,298	68,246	67,980	67,801	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income available to common stockholders/unitholders (in dollars per share)
4.76	1.94	1.51	1.40	1.81	1.77	1.23	1.52	1.38	1.56	1.21	1.08	2.72	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Weighted average number of shares/common units outstanding during the period (in shares)
68,495	68,478	68,271	68,121	68,088	68,337	68,376	68,369	68,355	68,090	68,329	68,071	68,111	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Essex Portfolio, L.P. [Member]
Management and other fees from affiliates
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Revenues
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends/Distributions per common share/unit (in dollars per share)
-	-	-	-	-	-	-	-	-	-	1.75	1.75	1.75	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-