XML 50 R30.htm IDEA: XBRL DOCUMENT v3.21.2
Organization and Basis of Presentation - Narrative (Details)
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2021
USD ($)
community
building
partnership
project
apartment
investment
shares
Sep. 30, 2020
USD ($)
Sep. 30, 2021
USD ($)
community
building
partnership
project
apartment
investment
shares
Sep. 30, 2020
USD ($)
Dec. 31, 2020
USD ($)
investment
community
partnership
shares
Real Estate Properties [Line Items]          
Apartment communities owned (in communities) | community 246   246    
Apartment units owned (in apartments) | apartment 60,799   60,799    
Ownership interest, number of commercial buildings (in commercial buildings) | building 3   3    
Ownership interest, number of active development projects (in projects) | project 2   2    
Ownership interest, number of unconsolidated joint venture projects (in projects) | project 1   1    
Equity securities $ 2,500,000   $ 2,500,000   $ 2,500,000
Sales and maturities of marketable securities 100,000 $ 52,600,000 15,000,000 $ 56,900,000  
Marketable securities, realized gain (loss) $ 0 91,000 2,500,000 100,000  
Unrealized gains on equity securities recognized through income     $ 23,772,000 2,215,000  
DownREIT limited partnerships consolidated by company (in partnerships) | partnership 18   18   17
Communities within DownREIT partnerships (in communities) | community 9   9   9
Number of previously consolidated co-investments considered VIE (in investments) | investment 6   6   5
Assets related to variable interest entities net of intercompany eliminations $ 909,100,000   $ 909,100,000   $ 898,500,000
Liabilities related to variable interest entities net of intercompany eliminations 323,300,000   323,300,000   326,800,000
Noncontrolling interest in variable interest entity 122,400,000   122,400,000   120,800,000
Fixed rate debt carrying amount 5,700,000,000   5,700,000,000   5,500,000,000
Fixed rate debt fair value 6,100,000,000   6,100,000,000   6,000,000,000
Variable rate debt, carrying amount 366,400,000   366,400,000   775,100,000
Variable rate debt fair value 364,300,000   364,300,000   770,100,000
Capitalized internal costs related to development and redevelopment projects 5,600,000 6,100,000 17,500,000 24,900,000  
Redeemable noncontrolling interest $ 32,698,000   $ 32,698,000   $ 32,239,000
Maximum          
Real Estate Properties [Line Items]          
Apartment lease term 12 months   12 months    
Minimum          
Real Estate Properties [Line Items]          
Apartment lease term 9 months   9 months    
Interest And Other Income (Expense)          
Real Estate Properties [Line Items]          
Unrealized gains on equity securities recognized through income $ 7,100,000 $ 3,300,000 $ 23,800,000 2,200,000  
Essex Portfolio, L.P.          
Real Estate Properties [Line Items]          
Operating Partnership units outstanding (in shares) | shares 2,282,464   2,282,464   2,294,760
Redemption value of operating partnership units outstanding $ 729,800,000   $ 729,800,000   $ 544,800,000
Unrealized gains on equity securities recognized through income     23,772,000 $ 2,215,000  
Redeemable noncontrolling interest $ 32,698,000   $ 32,698,000   $ 32,239,000
Partnership Interest          
Real Estate Properties [Line Items]          
Ownership interest in partnership     96.60%   96.60%