XML 89 R68.htm IDEA: XBRL DOCUMENT v3.6.0.2
Quarterly Results of Operations (Unaudited) (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Condensed Income Statements, Captions [Line Items]                      
Total property revenues $ 326,905 $ 327,078 $ 319,562 $ 312,178 $ 308,646 $ 302,522 $ 294,101 $ 280,229 $ 1,285,723 $ 1,185,498 $ 961,591
Net income 204,517 70,162 76,824 86,907 85,762 47,182 50,542 64,753 438,410 248,239 134,438
Net income available to common stockholders $ 195,569 $ 65,561 $ 72,013 $ 77,981 $ 79,624 $ 42,323 $ 45,555 $ 59,363 $ 411,124 $ 226,865 $ 116,859
Net income:                      
Net income available to common stockholders - basic (in dollars per share) $ 2.98 $ 1.00 $ 1.10 $ 1.19 $ 1.22 $ 0.65 $ 0.70 $ 0.92 $ 6.28 $ 3.50 $ 2.07
Net income available to common stockholders - diluted (in dollars per share) 2.98 1.00 1.10 1.19 1.22 0.65 0.70 0.92 $ 6.27 $ 3.49 $ 2.06
Market price:                      
High (in dollars per share) 234.07 236.56 237.50 240.55 244.71 232.20 231.90 243.17      
Low (in dollars per share) 200.01 217.16 207.20 191.25 214.29 205.72 208.85 207.26      
Close (in dollars per share) 232.50 222.70 228.09 233.86 239.41 223.42 212.50 229.90      
Dividends declared (in dollars per share) $ 1.6 $ 1.60 $ 1.60 $ 1.60 $ 1.44 $ 1.44 $ 1.44 $ 1.44      
Essex Portfolio, L.P. [Member]                      
Condensed Income Statements, Captions [Line Items]                      
Total property revenues $ 326,905 $ 327,078 $ 319,562 $ 312,178 $ 308,646 $ 302,522 $ 294,101 $ 280,229 $ 1,285,723 $ 1,185,498 $ 961,591
Net income 204,517 70,162 76,824 86,907 85,762 47,182 50,542 64,753 438,410 248,239 134,438
Net income available to common stockholders $ 202,201 $ 67,784 $ 74,463 $ 80,765 $ 82,333 $ 43,794 $ 47,088 $ 61,474 $ 425,213 $ 234,689 $ 121,726
Net income:                      
Net income available to common stockholders - basic (in dollars per share) $ 2.98 $ 1.00 $ 1.10 $ 1.19 $ 1.22 $ 0.65 $ 0.70 $ 0.93 $ 6.28 $ 3.50 $ 2.07
Net income available to common stockholders - diluted (in dollars per share) 2.98 1.00 1.10 1.19 1.22 0.65 0.70 0.92 $ 6.27 $ 3.49 $ 2.07
Market price:                      
Dividends declared (in dollars per share) $ 1.6 $ 1.6 $ 1.6 $ 1.6 $ 1.44 $ 1.44 $ 1.44 $ 1.44