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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Rental properties:    
Land and land improvements $ 2,778,386 $ 2,701,356
Buildings and improvements 11,007,760 10,664,745
Total rental properties 13,786,146 13,366,101
Less: accumulated depreciation (3,447,848) (3,209,548)
Net real estate 10,338,298 10,156,553
Real estate under development 542,207 454,629
Co-investments 1,324,081 1,300,140
Total real estate 12,204,586 11,911,322
Cash and cash equivalents-unrestricted 38,168 134,465
Cash and cash equivalents-restricted 16,803 16,930
Marketable securities 215,434 209,545
Notes and other receivables (includes related party receivables of $10.6 million and $11.1 million as of June 30, 2019 and December 31, 2018, respectively) 74,416 71,895
Operating lease right-of-use assets 76,205 0
Prepaid expenses and other assets 45,533 39,439
Total assets 12,671,145 12,383,596
LIABILITIES AND EQUITY/CAPITAL    
Unsecured debt, net 4,294,312 3,799,316
Mortgage notes payable, net 1,429,939 1,806,626
Lines of credit 117,000 0
Accounts payable and accrued liabilities 140,188 127,086
Construction payable 59,720 59,345
Dividends/Distributions payable 134,440 128,529
Operating lease liabilities 78,226  
Other liabilities 35,374 33,375
Total liabilities 6,289,199 5,954,277
Commitments and contingencies
Redeemable noncontrolling interest 36,830 35,475
Equity/Capital:    
Common stock; $0.0001 par value, 670,000,000 shares authorized; 65,726,808 and 65,890,322 shares issued and outstanding, respectively 7 7
Additional paid-in capital 7,031,886 7,093,079
Distributions in excess of accumulated earnings (857,994) (812,796)
Limited Partners:    
Accumulated other comprehensive loss, net (18,992) (13,217)
Total stockholders' equity 6,154,907 6,267,073
Noncontrolling interest 190,209 126,771
Total equity 6,345,116 6,393,844
Total liabilities and equity/capital 12,671,145 12,383,596
Essex Portfolio, L.P. [Member]    
Rental properties:    
Land and land improvements 2,778,386 2,701,356
Buildings and improvements 11,007,760 10,664,745
Total rental properties 13,786,146 13,366,101
Less: accumulated depreciation (3,447,848) (3,209,548)
Net real estate 10,338,298 10,156,553
Real estate under development 542,207 454,629
Co-investments 1,324,081 1,300,140
Total real estate 12,204,586 11,911,322
Cash and cash equivalents-unrestricted 38,168 134,465
Cash and cash equivalents-restricted 16,803 16,930
Marketable securities 215,434 209,545
Notes and other receivables (includes related party receivables of $10.6 million and $11.1 million as of June 30, 2019 and December 31, 2018, respectively) 74,416 71,895
Operating lease right-of-use assets 76,205  
Prepaid expenses and other assets 45,533 39,439
Total assets 12,671,145 12,383,596
LIABILITIES AND EQUITY/CAPITAL    
Unsecured debt, net 4,294,312 3,799,316
Mortgage notes payable, net 1,429,939 1,806,626
Lines of credit 117,000 0
Accounts payable and accrued liabilities 140,188 127,086
Construction payable 59,720 59,345
Dividends/Distributions payable 134,440 128,529
Operating lease liabilities 78,226  
Other liabilities 35,374 33,375
Total liabilities 6,289,199 5,954,277
Commitments and contingencies
Redeemable noncontrolling interest 36,830 35,475
General Partner:    
Common equity (65,726,808 and 65,890,322 units issued and outstanding, respectively) 6,173,899 6,280,290
Limited Partners:    
Common equity (2,299,237 and 2,305,389 units issued and outstanding, respectively) 57,726 59,061
Accumulated other comprehensive loss, net (15,715) (9,738)
Total partners' capital 6,215,910 6,329,613
Noncontrolling interest 129,206 64,231
Total capital 6,345,116 6,393,844
Total liabilities and equity/capital $ 12,671,145 $ 12,383,596