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EPLP - Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Rental properties:    
Land and land improvements $ 3,059,246 $ 3,032,678
Buildings and improvements 12,912,359 12,597,249
Total rental properties 15,971,605 15,629,927
Less: accumulated depreciation (5,047,880) (4,646,854)
Net real estate 10,923,725 10,983,073
Real estate under development 23,752 111,562
Co-investments 1,145,345 1,177,802
Total real estate 12,092,822 12,272,437
Cash and cash equivalents-unrestricted 42,711 48,420
Cash and cash equivalents-restricted 10,858 10,218
Marketable securities, net of allowance for credit losses of zero as of both September 30, 2022 and December 31, 2021 141,699 191,829
Notes and other receivables, net of allowance for credit losses of $0.8 million as of both September 30, 2022 and December 31, 2021 (includes related party receivables of $6.7 million and $176.9 million as of September 30, 2022 and December 31, 2021, respectively) 197,543 341,033
Operating lease right-of-use assets 66,531 68,972
Prepaid expenses and other assets 72,166 64,964
Total assets 12,624,330 12,997,873
LIABILITIES AND CAPITAL    
Unsecured debt, net 5,312,131 5,307,196
Mortgage notes payable, net 635,389 638,957
Lines of credit 219,481 341,257
Accounts payable and accrued liabilities 222,328 180,751
Construction payable 25,729 29,136
Dividends payable 149,685 143,213
Operating lease liabilities 68,043 70,675
Distributions in excess of investments in co-investments 38,394 35,545
Other liabilities 42,715 39,969
Total liabilities 6,713,895 6,786,699
Commitments and contingencies
Redeemable noncontrolling interest 29,238 34,666
Limited Partners:    
Accumulated other comprehensive income (loss), net 50,769 (5,552)
Noncontrolling interest 177,765 182,905
Total liabilities and equity/capital 12,624,330 12,997,873
Essex Portfolio, L.P.    
Rental properties:    
Land and land improvements 3,059,246 3,032,678
Buildings and improvements 12,912,359 12,597,249
Total rental properties 15,971,605 15,629,927
Less: accumulated depreciation (5,047,880) (4,646,854)
Net real estate 10,923,725 10,983,073
Real estate under development 23,752 111,562
Co-investments 1,145,345 1,177,802
Total real estate 12,092,822 12,272,437
Cash and cash equivalents-unrestricted 42,711 48,420
Cash and cash equivalents-restricted 10,858 10,218
Marketable securities, net of allowance for credit losses of zero as of both September 30, 2022 and December 31, 2021 141,699 191,829
Notes and other receivables, net of allowance for credit losses of $0.8 million as of both September 30, 2022 and December 31, 2021 (includes related party receivables of $6.7 million and $176.9 million as of September 30, 2022 and December 31, 2021, respectively) 197,543 341,033
Operating lease right-of-use assets 66,531 68,972
Prepaid expenses and other assets 72,166 64,964
Total assets 12,624,330 12,997,873
LIABILITIES AND CAPITAL    
Unsecured debt, net 5,312,131 5,307,196
Mortgage notes payable, net 635,389 638,957
Lines of credit 219,481 341,257
Accounts payable and accrued liabilities 222,328 180,751
Construction payable 25,729 29,136
Dividends payable 149,685 143,213
Operating lease liabilities 68,043 70,675
Distributions in excess of investments in co-investments 38,394 35,545
Other liabilities 42,715 39,969
Total liabilities 6,713,895 6,786,699
Commitments and contingencies
Redeemable noncontrolling interest 29,238 34,666
General Partner:    
Common equity (64,753,312 and 65,248,393 units issued and outstanding, respectively) 5,652,663 5,999,155
Limited Partners:    
Common equity (2,272,496 and 2,282,464 units issued and outstanding, respectively) 49,717 56,502
Accumulated other comprehensive income (loss), net 56,484 (1,804)
Total partners' capital 5,758,864 6,053,853
Noncontrolling interest 122,333 122,655
Total capital 5,881,197 6,176,508
Total liabilities and equity/capital 12,624,330 12,997,873
Essex Portfolio, L.P. | Common stock    
General Partner:    
Common equity (64,753,312 and 65,248,393 units issued and outstanding, respectively) $ 5,652,663 $ 5,999,155