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Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Revenues:      
Rental and other property $ 602,003 $ 526,696 $ 460,660
Management and other fees from affiliates 11,700 11,489 6,780
Total revenues 613,703 538,185 467,440
Expenses:      
Property operating, excluding real estate taxes 138,736 123,813 113,733
Real estate taxes 57,276 48,354 43,777
Depreciation 192,420 169,173 150,009
General and administrative 25,601 23,307 20,694
Cost of management and other fees 6,681 6,513 4,610
Merger expenses 4,284 0 0
Total expenses 424,998 371,160 332,823
Earnings from operations 188,705 167,025 134,617
Interest expense before amortization (104,600) (100,244) (91,694)
Amortization expense (11,924) (11,644) (11,474)
Interest and other income 11,633 13,833 17,139
Equity income (loss) from co-investments 55,865 41,745 (467)
Loss on early retirement of debt, net (300) (5,009) (1,163)
Gain on sale of land 1,503 0 0
Gain on remeasurement of co-investment 0 21,947 0
Income before discontinued operations 140,882 127,653 46,958
Income from discontinued operations 31,173 11,937 10,558
Net income 172,055 139,590 57,516
Net income attributable to noncontrolling interest (15,772) (14,306) (10,446)
Net income attributable to controlling interest 156,283 125,284 47,070
Dividends to preferred stockholders (5,472) (5,472) (4,753)
Excess of cash paid to redeem preferred stock and units over the carrying value 0 0 (1,949)
Net income available to common stockholders 150,811 119,812 40,368
Basic:      
Income before discontinued operations available to common stockholders/unitholders (in dollars per share) $ 3.26 $ 3.10 $ 0.94
Income from discontinued operations available to common stockholders/unitholders (in dollars per share) $ 0.79 $ 0.32 $ 0.30
Net income available to common stockholders/unitholders (in dollars per share) $ 4.05 $ 3.42 $ 1.24
Weighted average number of shares/units outstanding during the year (in shares) 37,248,960 35,032,491 32,541,792
Diluted:      
Income before discontinued operations available to common stockholders/unitholders (in dollars per share) $ 3.25 $ 3.09 $ 0.94
Income from discontinued operations available to common stockholders/unitholders (in dollars per share) $ 0.79 $ 0.32 $ 0.30
Net income available to common stockholders/unitholders (in dollars per share) $ 4.04 $ 3.41 $ 1.24
Weighted average number of shares outstanding during the year (in shares) 37,335,295 35,124,921 32,628,714
Essex Portfolio, L.P. [Member]
     
Revenues:      
Rental and other property 602,003 526,696 460,660
Management and other fees from affiliates 11,700 11,489 6,780
Total revenues 613,703 538,185 467,440
Expenses:      
Property operating, excluding real estate taxes 138,736 123,813 113,733
Real estate taxes 57,276 48,354 43,777
Depreciation 192,420 169,173 150,009
General and administrative 25,601 23,307 20,694
Cost of management and other fees 6,681 6,513 4,610
Merger expenses 4,284 0 0
Total expenses 424,998 371,160 332,823
Earnings from operations 188,705 167,025 134,617
Interest expense before amortization (104,600) (100,244) (91,694)
Amortization expense (11,924) (11,644) (11,474)
Interest and other income 11,633 13,833 17,139
Equity income (loss) from co-investments 55,865 41,745 (467)
Loss on early retirement of debt, net (300) (5,009) (1,163)
Gain on sale of land 1,503 0 0
Gain on remeasurement of co-investment 0 21,947 0
Income before discontinued operations 140,882 127,653 46,958
Income from discontinued operations 31,173 11,937 10,558
Net income 172,055 139,590 57,516
Net income attributable to noncontrolling interest (6,834) (6,347) (5,571)
Net income attributable to controlling interest 165,221 133,243 51,945
Preferred interest distributions - Series F, G, & H (5,472) (5,472) (4,753)
Preferred interest distributions - limited partner 0 0 (1,650)
Excess of cash paid to redeem preferred stock and units over the carrying value 0 0 (1,949)
Net income available to common stockholders $ 159,749 $ 127,771 $ 43,593
Basic:      
Income before discontinued operations available to common stockholders/unitholders (in dollars per share) $ 3.27 $ 3.11 $ 0.95
Income from discontinued operations available to common stockholders/unitholders (in dollars per share) $ 0.79 $ 0.32 $ 0.30
Net income available to common stockholders/unitholders (in dollars per share) $ 4.06 $ 3.43 $ 1.25
Weighted average number of shares/units outstanding during the year (in shares) 39,380,385 37,251,537 34,773,599
Diluted:      
Income before discontinued operations available to common stockholders/unitholders (in dollars per share) $ 3.26 $ 3.10 $ 0.95
Income from discontinued operations available to common stockholders/unitholders (in dollars per share) $ 0.79 $ 0.32 $ 0.30
Net income available to common stockholders/unitholders (in dollars per share) $ 4.05 $ 3.42 $ 1.25
Weighted average number of shares outstanding during the year (in shares) 39,466,720 37,343,967 34,860,521