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Net Income Per Common Share and Net Income Per Common Unit (Tables)
6 Months Ended
Jun. 30, 2020
Net Income Per Share and Net Income Per Unit [Line Items]  
Schedule of net income per common share
Essex Property Trust, Inc.
 
Three Months Ended June 30, 2020
 
Three Months Ended June 30, 2019
 
Income
 
Weighted-
average
Common
Shares
 
Per
Common
Share
Amount
 
Income
 
Weighted-
average
Common
Shares
 
Per
Common
Share
Amount
Basic:
 
 
 
 
 
 
 
 
 
 
 
Net income available to common stockholders
$
84,458

 
65,412,407

 
$
1.29

 
$
92,275

 
65,718,806

 
$
1.40

Effect of Dilutive Securities:
 
 
 
 
 
 
 
 
 
 
 

Stock options

 
15,528

 
 
 

 
103,009

 
 
Diluted:
 

 
 

 
 

 
 

 
 

 
 

Net income available to common stockholders
$
84,458

 
65,427,935

 
$
1.29

 
$
92,275

 
65,821,815

 
$
1.40



 
Six Months Ended June 30, 2020
 
Six Months Ended June 30, 2019
 
Income
 
Weighted-
average
Common
Shares
 
Per
Common
Share
Amount
 
Income
 
Weighted-
average
Common
Shares
 
Per
Common
Share
Amount
Basic:
 
 
 
 
 
 
 
 
 
 
 
Net income available to common stockholders
$
399,464

 
65,728,119

 
$
6.08

 
$
211,133

 
65,710,842

 
$
3.21

Effect of Dilutive Securities:
 
 
 
 
 
 
 
 
 
 
 

Stock options

 
32,981

 
 
 

 
91,575

 
 
DownREIT units
392

 
94,247

 
 
 

 

 
 
Diluted:
 

 
 

 
 

 
 

 
 

 
 

Net income available to common stockholders
$
399,856

 
65,855,347

 
$
6.07

 
$
211,133

 
65,802,417

 
$
3.21


Essex Portfolio, L.P.  
Net Income Per Share and Net Income Per Unit [Line Items]  
Schedule of net income per common share
Essex Portfolio, L.P.
 
Three Months Ended June 30, 2020
 
Three Months Ended June 30, 2019
 
Income
 
Weighted-
average
Common Units
 
Per
Common
Unit
Amount
 
Income
 
Weighted-
average
Common Units
 
Per
Common
Unit
Amount
Basic:
 
 
 
 
 
 
 
 
 
 
 
Net income available to common unitholders
$
87,422

 
67,708,157

 
$
1.29

 
$
95,503

 
68,018,090

 
$
1.40

Effect of Dilutive Securities:
 
 
 
 
 
 
 
 
 
 
 

Stock options

 
15,528

 
 
 

 
103,009

 
 
Diluted:
 

 
 

 
 

 
 

 
 

 
 

Net income available to common unitholders
$
87,422

 
67,723,685

 
$
1.29

 
$
95,503

 
68,121,099

 
$
1.40


 
Six Months Ended June 30, 2020
 
Six Months Ended June 30, 2019
 
Income
 
Weighted-
average
Common Units
 
Per
Common
Unit
Amount
 
Income
 
Weighted-
average
Common Units
 
Per
Common
Unit
Amount
Basic:
 
 
 
 
 
 
 
 
 
 
 
Net income available to common unitholders
$
413,414

 
68,026,084

 
$
6.08

 
$
218,532

 
68,012,999

 
$
3.21

Effect of Dilutive Securities:
 
 
 
 
 
 
 
 
 
 
 

Stock options

 
32,981

 
 
 

 
91,575

 
 
DownREIT units
392

 
94,247

 
 
 

 

 
 
Diluted:
 

 
 

 
 

 
 

 
 

 
 

Net income available to common unitholders
$
413,806

 
68,153,312

 
$
6.07

 
$
218,532

 
68,104,574

 
$
3.21