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Significant Transactions During the Nine Months Ended 2017 and Subsequent Events (Details)
1 Months Ended 3 Months Ended 9 Months Ended
Oct. 31, 2017
USD ($)
Oct. 30, 2017
USD ($)
$ / shares
shares
Aug. 31, 2017
USD ($)
apartment
Jul. 31, 2017
USD ($)
May 31, 2017
USD ($)
Apr. 30, 2017
USD ($)
Mar. 31, 2017
USD ($)
Mar. 31, 2017
USD ($)
Mar. 31, 2017
USD ($)
apartment
Mar. 31, 2017
USD ($)
unit
Jan. 31, 2017
USD ($)
apartment
Sep. 30, 2017
USD ($)
$ / shares
Sep. 30, 2016
USD ($)
Sep. 30, 2017
USD ($)
investment
$ / shares
shares
Sep. 30, 2016
USD ($)
Dec. 31, 2016
USD ($)
Other Commitments [Line Items]                                
Payments to acquire preferred equity investments                           $ 200,028,000 $ 124,054,000  
Gain on remeasurement of co-investment                       $ 0 $ 0 88,641,000 0  
Co-investments                       1,124,577,000   1,124,577,000   $ 1,161,275,000
Land and land improvements                       2,719,064,000   2,719,064,000   2,559,743,000
Buildings and improvements                       10,585,742,000   10,585,742,000   10,116,563,000
Prepaid expenses and other assets                       51,453,000   51,453,000   48,450,000
Commitment to fund preferred equity investment in a multifamily development project located in Seattle, WA                           $ 89,300,000    
Number of preferred equity investments in development with commitments to fund | investment                           5    
Preferred equity investment, funded amount                       38,000,000   $ 38,000,000    
Proceeds from partial redemption of preferred equity investment in a joint venture                           112,572,000 34,564,000  
Gain on early redemption of preferred equity investment                           10,058,000 13,046,000  
Proceeds from full redemption of preferred equity investment class     $ 11,700,000                          
Co-investments                       $ 1,088,332,000   $ 1,088,332,000   1,161,275,000
Repaid amount of private placement       $ 40,000,000                        
Private placement repurchase, coupon rate       4.50%                        
Common stock issued under equity distribution program (in shares) | shares                           311,873    
Common stock issued under equity distribution program average price (in dollars per share) | $ / shares                       $ 260.30   $ 260.30    
Net proceeds from issuance of common stock                           $ 80,377,000 $ (382,000)  
Subsequent Event [Member]                                
Other Commitments [Line Items]                                
Common stock issued under equity distribution program (in shares) | shares   33,571                            
Common stock issued under equity distribution program average price (in dollars per share) | $ / shares   $ 261.19                            
Net proceeds from issuance of common stock   $ 8,700,000                            
Senior Notes [Member] | Senior Unsecured Notes at 5.500% [Member]                                
Other Commitments [Line Items]                                
Repurchased face amount of debt             $ 300,000,000 $ 300,000,000 $ 300,000,000 $ 300,000,000            
Debt, stated interest rate             5.50% 5.50% 5.50% 5.50%            
Senior Notes [Member] | Senior Unsecured Notes At 3.625% [Member]                                
Other Commitments [Line Items]                                
Debt, stated interest rate           3.625%                    
Debt, face amount           $ 350,000,000                    
Debt, term (in years)           10 years                    
Minimum [Member]                                
Other Commitments [Line Items]                                
Preferred returns rate                           9.50%    
Maximum [Member]                                
Other Commitments [Line Items]                                
Preferred returns rate                           11.00%    
Secured Note Receivable, 3.5% Interest Rate, Due December 16, 2017 [Member] | Wesco V Property [Member] | Affiliated Entity [Member]                                
Other Commitments [Line Items]                                
Notes and other receivables (includes related party receivables of $65.6 million and $11.3 million as of September 30, 2017 and December 31, 2016, respectively)     $ 55,000,000                 $ 55,000,000   $ 55,000,000   0
Stated interest rate     3.50%                          
Limited Liability Company With Development Projects In The Jefferson At Stadium Park Apartments [Member] | Notes and Other Receivables from Affiliates [Member]                                
Other Commitments [Line Items]                                
Co-investments         $ 13,200,000                      
Preferred equity investment, dividend rate, first 30 months         10.00%                      
Membership Interest In Palm Valley [Member]                                
Other Commitments [Line Items]                                
Equity method investment, ownership percentage acquired                     50.00%          
Payments to acquire preferred equity investments                     $ 183,000,000          
Mortgage encumbrance                               220,000,000
Number of units acquired | apartment                     1,098          
Gain on remeasurement of co-investment                     $ 88,600,000          
Weighted Average Essex Ownership Percentage                           50.00%    
Co-investments                       0   $ 0   $ 68,396,000
Membership Interest In Sage At Cupertino [Member]                                
Other Commitments [Line Items]                                
Equity method investment, ownership percentage acquired               40.50%                
Mortgage encumbrance             $ 52,000,000 $ 52,000,000 $ 52,000,000 $ 52,000,000            
Number of units acquired                 230 230            
Co-investments             15,300,000 $ 15,300,000 $ 15,300,000 $ 15,300,000            
Contract price             $ 90,000,000                  
Membership Interest In Palm Valley And Sage At Cupertino [Member]                                
Other Commitments [Line Items]                                
Land and land improvements                       169,500,000   169,500,000    
Buildings and improvements                       365,700,000   365,700,000    
Prepaid expenses and other assets                       3,200,000   3,200,000    
Eighth And Republican Avenue Property [Member]                                
Other Commitments [Line Items]                                
Payments to acquire preferred equity investments     $ 101,300,000                          
Number of units acquired | apartment     211                          
Wesco V, San Jose Apartment Community [Member] | Wesco V Property [Member]                                
Other Commitments [Line Items]                                
Number of units acquired | apartment     213                          
Consideration transferred in asset acquisition     $ 133,500,000                          
Mortgage debt assumed in asset acquisition     $ 57,900,000                          
Mortgage debt assumed in asset acquisition, effective interest rate     3.40%                          
Jefferson at Hollywood [Member]                                
Other Commitments [Line Items]                                
Number of units sold | apartment                     270          
Sales of real estate                     $ 132,500,000          
Gain on sale of real estate                     $ 26,200,000          
Madrid In Mission Viejo [Member] | Wesco I [Member]                                
Other Commitments [Line Items]                                
Number of units sold | apartment     230                          
Sales of real estate     $ 83,000,000                          
Gain on sale of real estate     10,100,000                          
Repayments of loan on property     30,100,000                          
Wesco I [Member] | Subsequent Event [Member]                                
Other Commitments [Line Items]                                
Weighted Average Essex Ownership Percentage 58.00%                              
Expected promote income $ 38,000,000                              
Preferred Equity Investment in a Joint Venture that Holds a Property in Seattle, Washington [Member]                                
Other Commitments [Line Items]                                
Proceeds from partial redemption of preferred equity investment in a joint venture           $ 12,600,000                    
Reduction in preferred equity investment           12,400,000                    
Gain on early redemption of preferred equity investment           $ 300,000                    
Preferred Equity Investment In Joint Venture That Holds A Property In San Jose, CA [Member]                                
Other Commitments [Line Items]                                
Proceeds from partial redemption of preferred equity investment     $ 6,900,000                          
Preferred equity investment in joint venture                       $ 13,400,000   $ 13,400,000    
Wesco V Property [Member]                                
Other Commitments [Line Items]                                
Weighted Average Essex Ownership Percentage     50.00%                          
Co-investments     $ 150,000,000                          
Preferred Equity Investment In Multifamily Development Project In Los Angeles, CA [Member] | Subsequent Event [Member]                                
Other Commitments [Line Items]                                
Commitment to fund preferred equity investment in a multifamily development project located in Seattle, WA $ 40,000,000                              
Preferred returns rate 11.30%