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Significant Transactions During The Three Months Ended March 31, 2020 and Subsequent Events (Details)
1 Months Ended 3 Months Ended
Apr. 30, 2020
USD ($)
extension
Mar. 31, 2020
USD ($)
Jan. 31, 2020
USD ($)
community
apartment
Mar. 31, 2020
USD ($)
shares
Mar. 31, 2019
USD ($)
Feb. 29, 2020
USD ($)
Other Commitments [Line Items]            
Gain on remeasurement of co-investment       $ 234,694,000 $ 31,535,000  
Commitments to acquire equity method investment       $ 91,400,000    
Preferred return rate       11.30%    
Notes receivable, term of extension option   2 years        
Common Stock            
Other Commitments [Line Items]            
Shares repurchased during period (in shares) | shares       776,261    
Shares repurchased during period, value       $ 176,300,000    
Purchase authority remaining under stock repurchase plan   $ 73,700,000   73,700,000    
Stock repurchase plan amount   250,000,000.0   250,000,000.0    
CPPIB interest            
Other Commitments [Line Items]            
Investment interest acquired     45.00%      
Value of property held by acquired investment     $ 1,000,000,000.0      
Gain on remeasurement of co-investment     234,700,000      
Promote income     6,500,000      
Joint venture that holds property in Los Angeles, CA            
Other Commitments [Line Items]            
Proceeds from partial redemption of co-investment   11,300,000        
Early redemption fee   200,000        
Property Located In Anaheim, California            
Other Commitments [Line Items]            
Proceeds from redemption of notes receivable     $ 16,900,000      
Multifamily Development Communities In Los Angeles, California            
Other Commitments [Line Items]            
Notes receivable, commitment to fund, amount   $ 15,000,000.0   $ 15,000,000.0    
Notes receivable, interest rate   10.50%   10.50%    
Apartment Building | CPPIB interest            
Other Commitments [Line Items]            
Number of communities held by acquired investment | community     6      
Number of units held by acquired investment | apartment     2,020      
Essex Portfolio, L.P.            
Other Commitments [Line Items]            
Gain on remeasurement of co-investment       $ 234,694,000 $ 31,535,000  
Essex Portfolio, L.P. | Senior Notes | 2032 Notes            
Other Commitments [Line Items]            
Debt issued           $ 500,000,000.0
Debt coupon rate           2.65%
Debt offering price, percentage of par value           99.628%
Repayments of secured debt       $ 100,300,000    
Affiliated Entity | Related party bridge loan - Wesco V            
Other Commitments [Line Items]            
Proceeds from redemption of notes receivable     $ 85,800,000      
Subsequent Event | Unsecured Term Loan            
Other Commitments [Line Items]            
Debt issued $ 200,000,000.0          
Number of extension options (in extensions) | extension 2          
Extension period 12 months          
Prepayment of debt $ 169,600,000          
Subsequent Event | LIBOR | Unsecured Term Loan            
Other Commitments [Line Items]            
Basis spread on variable rate 1.20%