Condensed Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Revenues:
Rental and other property	$ 352,876	$ 389,750
Management and other fees from affiliates	2,249	2,617
Revenues	355,125	392,367
Expenses:
Property operating, excluding real estate taxes	65,151	64,131
Real estate taxes	45,328	43,012
Corporate-level property management expenses	8,947	8,759
Depreciation and amortization	128,587	131,559
General and administrative	9,812	13,982
Expensed acquisition and investment related costs	15	87
Total expenses	257,840	261,530
Gain on sale of real estate and land	100,096	0
Earnings from operations	197,381	130,837
Interest expense	(51,649)	(55,147)
Total return swap income	2,844	1,984
Interest and other income (loss)	14,387	(5,221)
Equity income from co-investments	17,011	21,297
Deferred tax expense on unrealized gain on unconsolidated co-investment	(508)	0
(Loss) gain on early retirement of debt, net	(2,517)	321
Gain on remeasurement of co-investment	0	234,694
Net income	176,949	328,765
Net income attributable to noncontrolling interest	(8,505)	(13,759)
Net income available to common stockholders	168,444	315,006
Comprehensive income	181,441	319,678
Comprehensive income attributable to noncontrolling interest	(8,658)	(13,452)
Comprehensive income attributable to controlling interest	$ 172,783	$ 306,226
Basic:
Net income available to common stockholders/unitholders (in dollars per share)	$ 2.59	$ 4.77
Weighted average number of shares/common units outstanding during the period (in shares)	64,989,620	66,043,831
Diluted:
Net income available to common stockholders/unitholders (in dollars per share)	$ 2.59	$ 4.76
Weighted average number of shares/common units outstanding during the period (in shares)	65,114,933	66,195,415
Essex Portfolio, L.P.
Revenues:
Rental and other property	$ 352,876	$ 389,750
Management and other fees from affiliates	2,249	2,617
Revenues	355,125	392,367
Expenses:
Property operating, excluding real estate taxes	65,151	64,131
Real estate taxes	45,328	43,012
Corporate-level property management expenses	8,947	8,759
Depreciation and amortization	128,587	131,559
General and administrative	9,812	13,982
Expensed acquisition and investment related costs	15	87
Total expenses	257,840	261,530
Gain on sale of real estate and land	100,096	0
Earnings from operations	197,381	130,837
Interest expense	(51,649)	(55,147)
Total return swap income	2,844	1,984
Interest and other income (loss)	14,387	(5,221)
Equity income from co-investments	17,011	21,297
Deferred tax expense on unrealized gain on unconsolidated co-investment	(508)	0
(Loss) gain on early retirement of debt, net	(2,517)	321
Gain on remeasurement of co-investment	0	234,694
Net income	176,949	328,765
Net income attributable to noncontrolling interest	(2,558)	(2,773)
Net income available to common stockholders	174,391	325,992
Comprehensive income	181,441	319,678
Comprehensive income attributable to noncontrolling interest	(2,558)	(2,773)
Comprehensive income attributable to controlling interest	$ 178,883	$ 316,905
Basic:
Net income available to common stockholders/unitholders (in dollars per share)	$ 2.59	$ 4.77
Weighted average number of shares/common units outstanding during the period (in shares)	67,283,424	68,344,012
Diluted:
Net income available to common stockholders/unitholders (in dollars per share)	$ 2.59	$ 4.76
Weighted average number of shares/common units outstanding during the period (in shares)	67,408,737	68,495,596