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Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Net income $ 599,332 $ 464,448 $ 413,599
Other comprehensive income (loss):      
Change in fair value of derivatives and amortization of swap settlements (4,148) (2,948) 7,824
Cash flow hedge losses reclassified to earnings 3,338 1,824 0
Change in fair value of marketable debt securities, net (61) 281 (118)
Reversal of unrealized (gains) losses upon the sale of marketable debt securities 0 (32) 13
Total other comprehensive (loss) income (871) (875) 7,719
Comprehensive income 598,461 463,573 421,318
Comprehensive income attributable to noncontrolling interest (30,432) (25,133) (23,702)
Comprehensive income attributable to controlling interest 568,029 438,440 397,616
Essex Portfolio, L.P.      
Net income 599,332 464,448 413,599
Other comprehensive income (loss):      
Change in fair value of derivatives and amortization of swap settlements (4,148) (2,948) 7,824
Cash flow hedge losses reclassified to earnings 3,338 1,824 0
Change in fair value of marketable debt securities, net (61) 281 (118)
Reversal of unrealized (gains) losses upon the sale of marketable debt securities 0 (32) 13
Total other comprehensive (loss) income (871) (875) 7,719
Comprehensive income 598,461 463,573 421,318
Comprehensive income attributable to noncontrolling interest (10,550) (9,819) (9,994)
Comprehensive income attributable to controlling interest $ 587,911 $ 453,754 $ 411,324