Net Income Per Common Share and Net Income Per Common Unit (Tables)

9 Months Ended

Sep. 30, 2023

Net Income Per Share and Net Income Per Unit [Line Items]

Schedule of Net Income Per Common Share

Essex Property Trust, Inc.

	Three Months Ended September 30, 2023					Three Months Ended September 30, 2022
	Income		Weighted- average Common Shares	Per Common Share Amount		Income		Weighted- average Common Shares	Per Common Share Amount
Basic:
Net income available to common stockholders	$	87,282	64,184,180	$	1.36	$	92,842	65,059,678	$	1.43
Effect of Dilutive Securities:
Stock options	—		1,840			—		8,112
Diluted:
Net income available to common stockholders	$	87,282	64,186,020	$	1.36	$	92,842	65,067,790	$	1.43

	Nine Months Ended September 30, 2023					Nine Months Ended September 30, 2022
	Income		Weighted- average Common Units	Per Common Unit Amount		Income		Weighted- average Common Units	Per Common Unit Amount
Basic:
Net income available to common unitholders	$	340,434	64,274,085	$	5.30	$	223,150	65,198,532	$	3.42
Effect of Dilutive Securities:
Stock options	—		1,194			—		27,235
Diluted:
Net income available to common unitholders	$	340,434	64,275,279	$	5.30	$	223,150	65,225,767	$	3.42

Essex Portfolio, L.P.

Net Income Per Share and Net Income Per Unit [Line Items]

Schedule of Net Income Per Common Share

Essex Portfolio, L.P.

	Three Months Ended September 30, 2023					Three Months Ended September 30, 2022
	Income		Weighted- average Common  Units	Per Common Unit Amount		Income		Weighted- average Common  Units	Per Common Unit Amount
Basic:
Net income available to common unitholders	$	90,354	66,443,416	$	1.36	$	96,089	67,333,077	$	1.43
Effect of Dilutive Securities:
Stock options	—		1,840			—		8,112
Diluted:
Net income available to common unitholders	$	90,354	66,445,256	$	1.36	$	96,089	67,341,189	$	1.43

	Nine Months Ended September 30, 2023					Nine Months Ended September 30, 2022
	Income		Weighted- average Common Units	Per Common Unit Amount		Income		Weighted- average Common Units	Per Common Unit Amount
Basic:
Net income available to common unitholders	$	352,416	66,535,917	$	5.30	$	230,950	67,476,168	$	3.42
Effect of Dilutive Securities:
Stock options	—		1,115			—		27,235
Diluted:
Net income available to common unitholders	$	352,416	66,537,111	$	5.30	$	230,950	67,503,403	$	3.42