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Discontinued Operations (Tables)
12 Months Ended
Dec. 31, 2015
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Components from Discontinued Operations
The table below summarized disposition activity for the year ended December 31, 2015 ($ in millions):
Property Name
Location
Apartment Homes
Essex Ownership Percentage
Ownership
Quarter in 2015
Sales Price
Gains
Pinnacle South Mountain
Phoenix, AZ
552

100
%
EPLP
Q1
$
63.8

$
4.7

Sharon Green
Menlo Park, CA
296

100
%
EPLP
Q4
245.0

40.2

Total 2015
848

 

 
 
$
308.8

$
44.9

The components of discontinued operations are outlined below and include the results of operations for the respective periods that the Company owned such assets, as described above ($ in thousands):
 
 
 
2013
Revenues
 
 
$
4,454

Property operating expenses
 
 
(1,406
)
Depreciation and amortization
 
 
(1,098
)
Expenses
 
 
(2,504
)
Operating income from real estate sold
 
 
1,950

Gain on sale of real estate
 
 
29,223

Income from discontinued operations
 
 
$
31,173