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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Rental properties:    
Land and land improvements $ 2,766,344 $ 2,701,356
Buildings and improvements 11,180,806 10,664,745
Total rental properties 13,947,150 13,366,101
Less: accumulated depreciation (3,567,632) (3,209,548)
Net real estate 10,379,518 10,156,553
Real estate under development 562,338 454,629
Co-investments 1,413,861 1,300,140
Total real estate 12,355,717 11,911,322
Cash and cash equivalents-unrestricted 74,031 134,465
Cash and cash equivalents-restricted 17,695 16,930
Marketable securities 216,894 209,545
Notes and other receivables (includes related party receivables of $144.6 million and $11.1 million as of September 30, 2019 and December 31, 2018, respectively) 216,541 71,895
Operating lease right-of-use assets 75,478 0
Prepaid expenses and other assets 41,536 39,439
Total assets 12,997,892 12,383,596
LIABILITIES AND EQUITY/CAPITAL    
Unsecured debt, net 4,686,171 3,799,316
Mortgage notes payable, net 1,141,970 1,806,626
Lines of credit 220,000 0
Accounts payable and accrued liabilities 193,341 127,086
Construction payable 53,214 59,345
Dividends/Distributions payable 135,492 128,529
Operating lease liabilities 77,495  
Other liabilities 36,128 33,375
Total liabilities 6,543,811 5,954,277
Commitments and contingencies
Redeemable noncontrolling interest 39,077 35,475
Equity/Capital:    
Common stock; $0.0001 par value, 670,000,000 shares authorized; 66,081,635 and 65,890,322 shares issued and outstanding, respectively 7 7
Additional paid-in capital 7,131,642 7,093,079
Distributions in excess of accumulated earnings (887,521) (812,796)
Limited Partners:    
Accumulated other comprehensive loss, net (19,028) (13,217)
Total stockholders' equity 6,225,100 6,267,073
Noncontrolling interest 189,904 126,771
Total equity 6,415,004 6,393,844
Total liabilities and equity/capital 12,997,892 12,383,596
Essex Portfolio, L.P. [Member]    
Rental properties:    
Land and land improvements 2,766,344 2,701,356
Buildings and improvements 11,180,806 10,664,745
Total rental properties 13,947,150 13,366,101
Less: accumulated depreciation (3,567,632) (3,209,548)
Net real estate 10,379,518 10,156,553
Real estate under development 562,338 454,629
Co-investments 1,413,861 1,300,140
Total real estate 12,355,717 11,911,322
Cash and cash equivalents-unrestricted 74,031 134,465
Cash and cash equivalents-restricted 17,695 16,930
Marketable securities 216,894 209,545
Notes and other receivables (includes related party receivables of $144.6 million and $11.1 million as of September 30, 2019 and December 31, 2018, respectively) 216,541 71,895
Operating lease right-of-use assets 75,478  
Prepaid expenses and other assets 41,536 39,439
Total assets 12,997,892 12,383,596
LIABILITIES AND EQUITY/CAPITAL    
Unsecured debt, net 4,686,171 3,799,316
Mortgage notes payable, net 1,141,970 1,806,626
Lines of credit 220,000 0
Accounts payable and accrued liabilities 193,341 127,086
Construction payable 53,214 59,345
Dividends/Distributions payable 135,492 128,529
Operating lease liabilities 77,495  
Other liabilities 36,128 33,375
Total liabilities 6,543,811 5,954,277
Commitments and contingencies
Redeemable noncontrolling interest 39,077 35,475
General Partner:    
Common equity (66,081,635 and 65,890,322 units issued and outstanding, respectively) 6,244,128 6,280,290
Limited Partners:    
Common equity (2,298,237 and 2,305,389 units issued and outstanding, respectively) 57,002 59,061
Accumulated other comprehensive loss, net (15,752) (9,738)
Total partners' capital 6,285,378 6,329,613
Noncontrolling interest 129,626 64,231
Total capital 6,415,004 6,393,844
Total liabilities and equity/capital $ 12,997,892 $ 12,383,596