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Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2020
Dec. 31, 2019
Rental properties:    
Land and land improvements $ 2,944,521,000 $ 2,773,805,000
Buildings and improvements 12,184,957,000 11,264,337,000
Total rental properties 15,129,478,000 14,038,142,000
Less: accumulated depreciation (4,043,496,000) (3,689,482,000)
Net real estate 11,085,982,000 10,348,660,000
Real estate under development 364,875,000 546,075,000
Co-investments 1,018,235,000 1,335,339,000
Real estate held for sale, net 32,878,000 0
Total real estate 12,501,970,000 12,230,074,000
Cash and cash equivalents-unrestricted 558,446,000 70,087,000
Cash and cash equivalents-restricted 10,629,000 11,007,000
Marketable securities, net of allowance for credit losses of $13.6 million and zero as of September 30, 2020 and December 31, 2019, respectively 134,971,000 144,193,000
Notes and other receivables, net of allowance for credit losses of $0.2 million and zero as of September 30, 2020 and December 31, 2019, respectively (includes related party receivables of $5.5 million and $90.2 million as of September 30, 2020 and December 31, 2019, respectively) 75,432,000 134,365,000
Operating lease right-of-use assets 72,910,000 74,744,000
Prepaid expenses and other assets 46,684,000 40,935,000
Total assets 13,401,042,000 12,705,405,000
LIABILITIES AND EQUITY/CAPITAL    
Unsecured debt, net 5,907,805,000 4,763,206,000
Mortgage notes payable, net 702,379,000 990,667,000
Lines of credit 0 55,000,000
Accounts payable and accrued liabilities 205,520,000 158,017,000
Construction payable 30,292,000 48,912,000
Dividends payable 142,365,000 135,384,000
Operating lease liabilities 74,844,000 76,740,000
Other liabilities 39,636,000 36,565,000
Total liabilities 7,102,841,000 6,264,491,000
Commitments and contingencies
Redeemable noncontrolling interest 30,719,000 37,410,000
Equity/Capital:    
Common stock; $.0001 par value, 670,000,000 shares authorized; 65,209,946 and 66,091,954 shares issued and outstanding, respectively 7,000 7,000
Additional paid-in capital 6,921,631,000 7,121,927,000
Distributions in excess of accumulated earnings (821,841,000) (887,619,000)
Limited Partners:    
Accumulated other comprehensive loss, net (16,800,000) (13,888,000)
Total stockholders' equity 6,082,997,000 6,220,427,000
Noncontrolling interest 184,485,000 183,077,000
Total equity 6,267,482,000 6,403,504,000
Total liabilities and equity 13,401,042,000 12,705,405,000
Marketable securities, allowance for credit loss 13,644,000 0
Notes and other receivables, allowance for credit loss 172,000 0
Related party receivables $ 5,500,000 $ 90,200,000
Common stock, par value (in dollars per share) $ 0.0001 $ 0.0001
Common stock, shares authorized (in shares) 670,000,000 670,000,000
Common stock, shares issued (in shares) 65,209,946 66,091,954
Common stock, shares outstanding (in shares) 65,209,946 66,091,954
Essex Portfolio, L.P.    
Rental properties:    
Land and land improvements $ 2,944,521,000 $ 2,773,805,000
Buildings and improvements 12,184,957,000 11,264,337,000
Total rental properties 15,129,478,000 14,038,142,000
Less: accumulated depreciation (4,043,496,000) (3,689,482,000)
Net real estate 11,085,982,000 10,348,660,000
Real estate under development 364,875,000 546,075,000
Co-investments 1,018,235,000 1,335,339,000
Total real estate 12,501,970,000 12,230,074,000
Cash and cash equivalents-unrestricted 558,446,000 70,087,000
Cash and cash equivalents-restricted 10,629,000 11,007,000
Marketable securities, net of allowance for credit losses of $13.6 million and zero as of September 30, 2020 and December 31, 2019, respectively 134,971,000 144,193,000
Notes and other receivables, net of allowance for credit losses of $0.2 million and zero as of September 30, 2020 and December 31, 2019, respectively (includes related party receivables of $5.5 million and $90.2 million as of September 30, 2020 and December 31, 2019, respectively) 75,432,000 134,365,000
Operating lease right-of-use assets 72,910,000 74,744,000
Prepaid expenses and other assets 46,684,000 40,935,000
Total assets 13,401,042,000 12,705,405,000
LIABILITIES AND EQUITY/CAPITAL    
Unsecured debt, net 5,907,805,000 4,763,206,000
Mortgage notes payable, net 702,379,000 990,667,000
Lines of credit 0 55,000,000
Accounts payable and accrued liabilities 205,520,000 158,017,000
Construction payable 30,292,000 48,912,000
Dividends payable 142,365,000 135,384,000
Operating lease liabilities 74,844,000 76,740,000
Other liabilities 39,636,000 36,565,000
Total liabilities 7,102,841,000 6,264,491,000
Commitments and contingencies
Redeemable noncontrolling interest 30,719,000 37,410,000
General Partner:    
Common equity (65,209,946 and 66,091,954 units issued and outstanding, respectively) 6,099,797,000 6,234,315,000
Limited Partners:    
Common equity (2,295,510 and 2,301,653 units issued and outstanding, respectively) 59,441,000 57,359,000
Accumulated other comprehensive loss, net (13,447,000) (10,432,000)
Total partners' capital 6,145,791,000 6,281,242,000
Noncontrolling interest 121,691,000 122,262,000
Total capital 6,267,482,000 6,403,504,000
Total liabilities and equity 13,401,042,000 12,705,405,000
Marketable securities, allowance for credit loss 13,600,000 0
Notes and other receivables, allowance for credit loss 200,000 0
Related party receivables $ 5,500,000 $ 90,200,000
Essex Portfolio, L.P. | General Partner    
Limited Partners:    
Common stock, shares issued (in shares) 65,209,946 66,091,954
Common stock, shares outstanding (in shares) 65,209,946 66,091,954
Essex Portfolio, L.P. | Limited Partners    
Limited Partners:    
Common stock, shares issued (in shares) 2,295,510 2,301,653
Common stock, shares outstanding (in shares) 2,295,510 2,301,653
Subsidiaries    
Rental properties:    
Real estate held for sale, net $ 32,878,000 $ 0