ESSEX PROPERTY TRUST, INC.
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| Metric | FY 2025 | FY 2024 | YoY |
|---|---|---|---|
| Operating Lease Lease Income (FY) | — | — | — |
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| Other property | 27,413 | 28,774 | -4.7% |
| Rental income | 1,850,551 | 1,735,411 | +6.6% |
| Total rental and other property revenues | 1,877,964 | 1,764,185 | +6.4% |
| Total rental and other property revenues · Acquisitions | 169,002 | 58,158 | +190.6% |
| Total rental and other property revenues · Corporate Non Segment | 40,609 | 90,383 | -55.1% |
| Total rental and other property revenues · Non-residential/other, net | 64,952 | 115,644 | -43.8% |
| Total rental and other property revenues · Northern California | 760,821 | 663,825 | +14.6% |
| Total rental and other property revenues · Same-property | 1,642,989 | 1,590,404 | +3.3% |
| Total rental and other property revenues · Seattle Metro | 313,410 | 295,002 | +6.2% |
| Total rental and other property revenues · Southern California | 763,124 | 714,975 | +6.7% |
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| Northern California · Operating Segments | 760,821 | 663,825 | +14.6% |
| Seattle Metro · Operating Segments | 313,410 | 295,002 | +6.2% |
| Southern California · Operating Segments | 763,124 | 714,975 | +6.7% |
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| Operating Lease Lease Income | 1,877,964 | 1,764,185 | +6.4% |
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| Essex Portfolio, L.P. | 1,877,964 | 1,764,185 | +6.4% |
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| Corporate Non Segment | 40,609 | 90,383 | -55.1% |
| Revenue (FY) | — | — | — |
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| Revenue | 9,381 | 10,265 | -8.6% |
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| Essex Portfolio, L.P. | 9,381 | 10,265 | -8.6% |
| Revenue (FY) | — | — | — |
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| Revenue | 1,887,345 | 1,774,450 | +6.4% |
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| Essex Portfolio, L.P. | 1,887,345 | 1,774,450 | +6.4% |
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| Equity Method Investment Nonconsolidated Investee Or Group Of Investees | 332,330 | 390,850 | -15.0% |
| Cost Of Other Property Operating Expense (FY) | — | — | — |
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| Cost Of Other Property Operating Expense | 353,355 | 328,123 | +7.7% |
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| Essex Portfolio, L.P. | 353,355 | 328,123 | +7.7% |
| Real Estate Tax Expense (FY) | — | — | — |
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| Real Estate Tax Expense | 205,631 | 193,413 | +6.3% |
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| Essex Portfolio, L.P. | 205,631 | 193,413 | +6.3% |
| Corporate Property Management Expenses (FY) | — | — | — |
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| Corporate Property Management Expenses | 49,052 | 46,208 | +6.2% |
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| Essex Portfolio, L.P. | 49,052 | 46,208 | +6.2% |
| Depreciation (FY) | — | — | — |
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| Depreciation | 607,542 | 580,220 | +4.7% |
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| Essex Portfolio, L.P. | 607,542 | 580,220 | +4.7% |
| General & Administrative (FY) | — | — | — |
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| General & Administrative | 71,948 | 98,902 | -27.3% |
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| Essex Portfolio, L.P. | 71,948 | 98,902 | -27.3% |
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| Equity Method Investment Nonconsolidated Investee Or Group Of Investees | 17,237 | 21,157 | -18.5% |
| Business Combination Acquisition Related Costs (FY) | — | — | — |
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| Business Combination Acquisition Related Costs | 25 | 72 | -65.3% |
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| Essex Portfolio, L.P. | 25 | 72 | -65.3% |
| Total Costs & Expenses (FY) | — | — | — |
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| Total Costs & Expenses | 1,287,553 | 1,246,938 | +3.3% |
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| Essex Portfolio, L.P. | 1,287,553 | 1,246,938 | +3.3% |
| Gains Losses On Sales Of Investment Real Estate (FY) | — | — | — |
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| Gains Losses On Sales Of Investment Real Estate | 299,524 | 175,583 | +70.6% |
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| Essex Portfolio, L.P. | 299,524 | 175,583 | +70.6% |
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| Apartment Building · Essex Skyline | 126.2 | — | — |
| Apartment Building · Fourth & U | 14.5 | — | — |
| Apartment Building · Highridge | 111 | — | — |
| Apartment Building · The Grand | 47.8 | — | — |
| Operating Income (FY) | — | — | — |
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| Operating Income | 899,316 | 703,095 | +27.9% |
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| Essex Portfolio, L.P. | 899,316 | 703,095 | +27.9% |
| Interest Expense (FY) | — | — | — |
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| Interest Expense | -258,404 | -235,529 | -9.7% |
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| Essex Portfolio, L.P. | -258,404 | -235,529 | -9.7% |
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| Equity Method Investment Nonconsolidated Investee Or Group Of Investees | -104,097 | -142,601 | +27.0% |
| Derivative Gain On Derivative (FY) | — | — | — |
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| Nondesignated | 4.7 | 3.1 | +51.6% |
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| Derivative Gain On Derivative | 4,729 | 3,099 | +52.6% |
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| Essex Portfolio, L.P. | 4,729 | 3,099 | +52.6% |
| Interest And Other Income Expense (FY) | — | — | — |
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| Interest And Other Income Expense | 20,004 | 80,951 | -75.3% |
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| Essex Portfolio, L.P. | 20,004 | 80,951 | -75.3% |
| Income Loss From Equity Method Investments (FY) | — | — | — |
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| Income Loss From Equity Method Investments | 35,464 | 48,206 | -26.4% |
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| Essex Portfolio, L.P. | 35,464 | 48,206 | -26.4% |
| Deferred Other Tax Expense Benefit (FY) | — | — | — |
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| Deferred Other Tax Expense Benefit | 2,096 | 929 | +125.6% |
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| Essex Portfolio, L.P. | 2,096 | 929 | +125.6% |
| Gains Losses On Extinguishment Of Debt (FY) | — | — | — |
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| Gains Losses On Extinguishment Of Debt | -762 | — | — |
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| Essex Portfolio, L.P. | -762 | — | — |
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| Apartment Building · Highridge | -0.8 | — | — |
| Gain On Remeasurement Of Co Investment (FY) | — | — | — |
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| Gain On Remeasurement Of Co Investment | 330 | 210,555 | -99.8% |
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| Essex Portfolio, L.P. | 330 | 210,555 | -99.8% |
| Net Income (FY) | — | — | — |
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| Accumulated Distributions In Excess Of Net Income | 669,666 | 741,522 | -9.7% |
| Noncontrolling Interest | 33,107 | 69,784 | -52.6% |
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| Net Income | 702,773 | 811,306 | -13.4% |
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| Essex Portfolio, L.P. | 702,773 | 811,306 | -13.4% |
| Essex Portfolio, L.P. · Common Equity | 669,666 | 741,522 | -9.7% |
| Essex Portfolio, L.P. · Common Equity | 23,649 | 26,414 | -10.5% |
| Essex Portfolio, L.P. · Noncontrolling Interest | 9,458 | 43,370 | -78.2% |
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| Equity Method Investment Nonconsolidated Investee Or Group Of Investees | -41,859 | -95,028 | +56.0% |
| Net Income Loss Attributable To Noncontrolling Interest (FY) | — | — | — |
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| Net Income Loss Attributable To Noncontrolling Interest | -33,107 | -69,784 | +52.6% |
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| Essex Portfolio, L.P. | -9,458 | -43,370 | +78.2% |
| Net Income Loss Available To Common Stockholders Basic (FY) | — | — | — |
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| Net Income Loss Available To Common Stockholders Basic | 669,666 | 741,522 | -9.7% |
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| Essex Portfolio, L.P. | 693,315 | 767,936 | -9.7% |
| EPS (Basic) (FY) | — | — | — |
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| EPS (Basic) | 10.4 | 11.55 | -10.0% |
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| Essex Portfolio, L.P. | 10.4 | 11.55 | -10.0% |
| Wtd Avg Shares (Basic) (FY) | — | — | — |
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| Wtd Avg Shares (Basic) | 64,379,418 | 64,228,356 | +0.2% |
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| Essex Portfolio, L.P. | 66,649,608 | 66,511,030 | +0.2% |
| EPS (Diluted) (FY) | — | — | — |
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| EPS (Diluted) | 10.4 | 11.54 | -9.9% |
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| Essex Portfolio, L.P. | 10.4 | 11.54 | -9.9% |
| Wtd Avg Shares (Diluted) (FY) | — | — | — |
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| Wtd Avg Shares (Diluted) | 64,399,459 | 64,251,234 | +0.2% |
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| Essex Portfolio, L.P. | 66,669,649 | 66,533,908 | +0.2% |
| Cost of Revenue (FY) | — | — | — |
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| Equity Method Investment Nonconsolidated Investee Or Group Of Investees | -124,504 | -154,245 | +19.3% |
| Gross Profit (FY) | — | — | — |
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| Northern California · Operating Segments | 524,842 | 461,766 | +13.7% |
| Seattle Metro · Operating Segments | 222,443 | 207,444 | +7.2% |
| Southern California · Operating Segments | 538,109 | 506,595 | +6.2% |
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| Gross Profit | 1,318,978 | 1,242,649 | +6.1% |
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| Corporate Non Segment | 33,584 | 66,844 | -49.8% |
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| Equity Method Investment Nonconsolidated Investee Or Group Of Investees | 207,826 | 236,605 | -12.2% |
| Comprehensive Income (FY) | — | — | — |
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| Comprehensive Income | 651,058 | 732,621 | -11.1% |
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| Essex Portfolio, L.P. | 674,024 | 758,719 | -11.2% |
Balance Sheet
| Metric | FY 2025 | FY 2024 | YoY |
|---|---|---|---|
| Current Assets | |||
| Cash & Cash Equivalents (Q) | — | — | — |
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| Cash & Cash Equivalents | 76,241 | 66,795 | +14.1% |
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| Essex Portfolio, L.P. | 76,241 | 66,795 | +14.1% |
| Non-Current Assets | |||
| Equity Securities Fv Ni Current And Noncurrent (Q) | — | — | — |
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| Common Stock, Preferred Stock, And Stock Funds [Member] | 70,474 | 67,216 | +4.8% |
| Debt Securities | 2,683 | 2,578 | +4.1% |
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| Equity Securities Fv Ni Current And Noncurrent | 98,070 | 69,794 | +40.5% |
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| Essex Portfolio, L.P. | 98,070 | 69,794 | +40.5% |
| Operating Lease Right-of-Use Assets (Q) | — | — | — |
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| Operating Lease Right-of-Use Assets | 50,833 | 51,556 | -1.4% |
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| Essex Portfolio, L.P. | 50,833 | 51,556 | -1.4% |
| Total Assets (Q) | — | — | — |
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| Total Assets | 13,159,009 | 12,927,359 | +1.8% |
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| Essex Portfolio, L.P. | 13,159,009 | 12,927,359 | +1.8% |
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| Equity Method Investment Nonconsolidated Investee Or Group Of Investees | 3,414,803 | 4,372,246 | -21.9% |
| Intangible Assets (Q) | — | — | — |
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| Intangible Assets | 7.5 | 7.7 | -2.6% |
| Other Assets | |||
| Investment Building And Building Improvements (Q) | — | — | — |
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| Investment Building And Building Improvements | 15,073,416 | 14,342,729 | +5.1% |
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| Essex Portfolio, L.P. | 15,073,416 | 14,342,729 | +5.1% |
| Real Estate Investment Property At Cost (Q) | — | — | — |
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| Real Estate Investment Property At Cost | 18,436,585 | 17,589,518 | +4.8% |
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| Essex Portfolio, L.P. | 18,436,585 | 17,589,518 | +4.8% |
| Real Estate Investment Property Accumulated Depreciation (Q) | — | — | — |
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| Real Estate Investment Property Accumulated Depreciation | -6,532,003 | -6,150,618 | -6.2% |
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| Essex Portfolio, L.P. | -6,532,003 | -6,150,618 | -6.2% |
| Real Estate Investment Property Net (Q) | — | — | — |
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| Northern California · Operating Segments | 6,136,977 | 5,414,689 | +13.3% |
| Seattle Metro · Operating Segments | 1,412,405 | 1,460,865 | -3.3% |
| Southern California · Operating Segments | 4,194,554 | 4,162,462 | +0.8% |
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| Real Estate Investment Property Net | 11,904,582 | 11,438,900 | +4.1% |
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| Essex Portfolio, L.P. | 11,904,582 | 11,438,900 | +4.1% |
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| Corporate Non Segment | 160,646 | 400,884 | -59.9% |
| Investments In Affiliates Subsidiaries Associates And Joint Ventures (Q) | — | — | — |
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| Investments In Affiliates Subsidiaries Associates And Joint Ventures | 630,550 | 935,014 | -32.6% |
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| Essex Portfolio, L.P. | 630,550 | 935,014 | -32.6% |
| Restricted Cash And Cash Equivalents (Q) | — | — | — |
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| Restricted Cash And Cash Equivalents | 9,345 | 9,051 | +3.2% |
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| Essex Portfolio, L.P. | 9,345 | 9,051 | +3.2% |
| Notes Receivable Net (Q) | — | — | — |
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| Notes Receivable Net | 141,591 | 206,706 | -31.5% |
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| Essex Portfolio, L.P. | 141,591 | 206,706 | -31.5% |
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| Affiliated Entity | 5.2 | 5.6 | -7.1% |
| Prepaid Expense And Other Assets (Q) | — | — | — |
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| Prepaid Expense And Other Assets | 90,675 | 96,861 | -6.4% |
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| Essex Portfolio, L.P. | 90,675 | 96,861 | -6.4% |
| Distributions In Excess Of Investments In And Advance To Affiliates Subsidiaries Associates And Joint Ventures (Q) | — | — | — |
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| Distributions In Excess Of Investments In And Advance To Affiliates Subsidiaries Associates And Joint Ventures | 98,837 | 79,273 | +24.7% |
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| Essex Portfolio, L.P. | 98,837 | 79,273 | +24.7% |
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| Wesco I, Wesco III, and Wesco IV | 98.8 | 79.3 | +24.6% |
| Non-Current Liabilities | |||
| Accounts Payable And Accrued Liabilities Current And Noncurrent (Q) | — | — | — |
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| Accounts Payable And Accrued Liabilities Current And Noncurrent | 221,351 | 212,747 | +4.0% |
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| Essex Portfolio, L.P. | 221,351 | 212,747 | +4.0% |
| Construction Payable Current And Noncurrent (Q) | — | — | — |
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| Construction Payable Current And Noncurrent | 24,743 | 14,347 | +72.5% |
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| Essex Portfolio, L.P. | 24,743 | 14,347 | +72.5% |
| Dividends Payable Current And Noncurrent (Q) | — | — | — |
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| Dividends Payable Current And Noncurrent | 173,698 | 165,443 | +5.0% |
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| Essex Portfolio, L.P. | 173,698 | 165,443 | +5.0% |
| Total Liabilities (Q) | — | — | — |
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| Total Liabilities | 7,422,114 | 7,176,120 | +3.4% |
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| Essex Portfolio, L.P. | 7,422,114 | 7,176,120 | +3.4% |
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| Equity Method Investment Nonconsolidated Investee Or Group Of Investees | 2,412,106 | 3,001,303 | -19.6% |
| Long-Term Debt (Q) | — | — | — |
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| Mortgages | 784,348 | 989,884 | -20.8% |
| Mortgages · Fixed rate mortgage notes payable | 526,662 | 674,092 | -21.9% |
| Mortgages · Variable Rate Mortgage Notes Payable | 257,686 | 315,792 | -18.4% |
| Unsecured Debt | 6,050,000 | — | — |
| Unsecured Term Loan 0.850%, Due May 2028 · Unsecured Debt | 300 | — | — |
| Other Liabilities | |||
| Unsecured Debt (Q) | — | — | — |
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| Unsecured Bonds 1.650% · Essex Portfolio, L.P. | 297.2 | 296.7 | +0.2% |
| Unsecured Bonds 1.700% · Senior Notes | 448.2 | 447.2 | +0.2% |
| Unsecured Bonds 2.550% · Senior Notes | 297.6 | 297.1 | +0.2% |
| Unsecured Bonds 2.650% · Essex Portfolio, L.P. | 296.3 | 296.1 | +0.1% |
| Unsecured Bonds 2.650% · Senior Notes | 650.5 | 650.6 | -0.0% |
| Unsecured Bonds 3.000% · Senior Notes | 547 | 546.2 | +0.1% |
| Unsecured Bonds 3.375% · Senior Notes | 449.8 | 449.1 | +0.2% |
| Unsecured Bonds 3.625% · Senior Notes | 349.3 | 348.8 | +0.1% |
| Unsecured Bonds 4.000% · Senior Notes | 498 | 497.3 | +0.1% |
| Unsecured Bonds 4.500% · Senior Notes | 296.5 | 296.4 | 0.0% |
| Unsecured Debt | 6,015,921 | 5,473,788 | +9.9% |
| Unsecured Debt · Bonds public offering - fixed rate, net | 5,419,253 | 5,175,217 | +4.7% |
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| Unsecured Debt | 6,015,921 | 5,473,788 | +9.9% |
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| Essex Portfolio, L.P. | 6,015,921 | 5,473,788 | +9.9% |
| Secured Debt (Q) | — | — | — |
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| Secured Debt | 784,348 | 989,884 | -20.8% |
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| Essex Portfolio, L.P. | 784,348 | 989,884 | -20.8% |
| Operating Lease Liability (Q) | — | — | — |
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| Operating Lease Liability | 51,487 | 52,473 | -1.9% |
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| Essex Portfolio, L.P. | 51,487 | 52,473 | -1.9% |
| Other Liabilities (Q) | — | — | — |
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| Other Liabilities | 51,729 | 50,220 | +3.0% |
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| Essex Portfolio, L.P. | 51,729 | 50,220 | +3.0% |
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| Equity Method Investment Nonconsolidated Investee Or Group Of Investees | 163,358 | 235,111 | -30.5% |
| Redeemable Noncontrolling Interest Equity Carrying Amount (Q) | — | — | — |
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| Redeemable Noncontrolling Interest Equity Carrying Amount | 28,263 | 30,849 | -8.4% |
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| Essex Portfolio, L.P. | 28,263 | 30,849 | -8.4% |
| Stockholders' Equity | |||
| General Partners Capital Account (Q) | — | — | — |
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| Essex Portfolio, L.P. · Common Equity | 5,535,325 | 5,512,391 | +0.4% |
| Essex Portfolio, L.P. · General Partner | 5,535,325 | 5,512,391 | +0.4% |
| Limited Partners Capital Account (Q) | — | — | — |
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| Essex Portfolio, L.P. · Limited Partner | 61,876 | 73,418 | -15.7% |
| Accumulated Other Comprehensive Income (Q) | — | — | — |
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| Accumulated Other Comprehensive Income | 6,047 | 24,655 | -75.5% |
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| Essex Portfolio, L.P. | 10,138 | 29,429 | -65.6% |
| Partners Capital (Q) | — | — | — |
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| Essex Portfolio, L.P. | 5,607,339 | 5,615,238 | -0.1% |
| Minority Interest (Q) | — | — | — |
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| Minority Interest | 167,260 | 183,344 | -8.8% |
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| Essex Portfolio, L.P. | 101,293 | 105,152 | -3.7% |
| Partners Capital Including Portion Attributable To Noncontrolling Interest (Q) | — | — | — |
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| Essex Portfolio, L.P. | 5,708,632 | 5,720,390 | -0.2% |
| Essex Portfolio, L.P. · Accumulated Other Comprehensive Income | 10,138 | 29,429 | -65.6% |
| Essex Portfolio, L.P. · Common Equity | 5,535,325 | 5,512,391 | +0.4% |
| Essex Portfolio, L.P. · Common Equity | 61,876 | 73,418 | -15.7% |
| Essex Portfolio, L.P. · Noncontrolling Interest | 101,293 | 105,152 | -3.7% |
| Total Liabilities & Equity (Q) | — | — | — |
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| Total Liabilities & Equity | 13,159,009 | 12,927,359 | +1.8% |
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| Essex Portfolio, L.P. | 13,159,009 | 12,927,359 | +1.8% |
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| Equity Method Investment Nonconsolidated Investee Or Group Of Investees | 3,414,803 | 4,372,246 | -21.9% |
| Common Stock (Q) | — | — | — |
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| Common Stock | 6 | 6 | 0.0% |
| Additional Paid-In Capital (Q) | — | — | — |
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| Additional Paid-In Capital | 6,683,514 | 6,668,047 | +0.2% |
| Accumulated Distributions In Excess Of Net Income (Q) | — | — | — |
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| Accumulated Distributions In Excess Of Net Income | -1,148,195 | -1,155,662 | +0.6% |
| Total Stockholders' Equity (Q) | — | — | — |
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| Total Stockholders' Equity | 5,541,372 | 5,537,046 | +0.1% |
| Stockholders Equity Including Portion Attributable To Noncontrolling Interest (Q) | — | — | — |
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| Accumulated Distributions In Excess Of Net Income | -1,148,195 | -1,155,662 | +0.6% |
| Accumulated Gain Loss Cash Flow Hedge Including Noncontrolling Interest | 5,837 | 24,655 | -76.3% |
| Accumulated Gain Loss Cash Flow Hedge Including Noncontrolling Interest · Essex Portfolio, L.P. | 9,921 | 29,429 | -66.3% |
| Accumulated Net Investment Gain Loss Including Portion Attributable To Noncontrolling Interest | 210 | — | — |
| Accumulated Net Investment Gain Loss Including Portion Attributable To Noncontrolling Interest · Essex Portfolio, L.P. | 217 | — | — |
| Accumulated Other Comprehensive Income | 6,047 | 24,655 | -75.5% |
| Additional Paid In Capital | 6,683,514 | 6,668,047 | +0.2% |
| Aoci Including Portion Attributable To Noncontrolling Interest | 6,047 | 24,655 | -75.5% |
| Aoci Including Portion Attributable To Noncontrolling Interest · Essex Portfolio, L.P. | 10,138 | 29,429 | -65.6% |
| Common Stock | 6 | 6 | 0.0% |
| Noncontrolling Interest | 167,260 | 183,344 | -8.8% |
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| Stockholders Equity Including Portion Attributable To Noncontrolling Interest | 5,708,632 | 5,720,390 | -0.2% |
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| Equity Method Investment Nonconsolidated Investee Or Group Of Investees | 839,339 | 1,135,832 | -26.1% |
| Land And Land Improvements (Q) | — | — | — |
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| Land And Land Improvements | 3,363,169 | 3,246,789 | +3.6% |
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| Essex Portfolio, L.P. | 3,363,169 | 3,246,789 | +3.6% |
| Development In Process (Q) | — | — | — |
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| Development In Process | 157,122 | 52,682 | +198.2% |
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| Essex Portfolio, L.P. | 157,122 | 52,682 | +198.2% |
| Total Real Estate Net (Q) | — | — | — |
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| Total Real Estate Net | 12,692,254 | 12,426,596 | +2.1% |
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| Essex Portfolio, L.P. | 12,692,254 | 12,426,596 | +2.1% |
Cash Flow Statement
| Metric | FY 2025 | FY 2024 | YoY |
|---|---|---|---|
| Operating Activities | |||
| Straight Line Rent (FY) | — | — | — |
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| Straight Line Rent | -1,115 | 34 | -3379.4% |
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| Essex Portfolio, L.P. | -1,115 | 34 | -3379.4% |
| Depreciation And Amortization (FY) | — | — | — |
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| Depreciation And Amortization | 607,542 | 580,220 | +4.7% |
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| Essex Portfolio, L.P. | 607,542 | 580,220 | +4.7% |
| Amortization Of Debt Discount Premium (FY) | — | — | — |
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| Amortization Of Debt Discount Premium | 7,162 | 7,795 | -8.1% |
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| Essex Portfolio, L.P. | 7,162 | 7,795 | -8.1% |
| Marketable Securities Gain Loss Excluding Other Than Temporary Impairments (FY) | — | — | — |
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| Marketable Securities Gain Loss Excluding Other Than Temporary Impairments | -3,809 | -8,347 | +54.4% |
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| Essex Portfolio, L.P. | -3,809 | -8,347 | +54.4% |
| Provision For Loan Losses Expensed (FY) | — | — | — |
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| Provision For Loan Losses Expensed | 26 | -179 | +114.5% |
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| Essex Portfolio, L.P. | 26 | -179 | +114.5% |
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| Notes Receivable, Secured | 26 | -158 | +116.5% |
| Equity Method Investment Realized Gain Loss On Disposal (FY) | — | — | — |
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| Equity Method Investment Realized Gain Loss On Disposal | 5,189 | — | — |
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| Essex Portfolio, L.P. | 5,189 | — | — |
| Gain Loss From Equity Method Investments (FY) | — | — | — |
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| Gain Loss From Equity Method Investments | -30,275 | -48,206 | +37.2% |
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| Essex Portfolio, L.P. | -30,275 | -48,206 | +37.2% |
| Equity Method Investment Dividends Or Distributions (FY) | — | — | — |
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| Equity Method Investment Dividends Or Distributions | 93,010 | 62,868 | +47.9% |
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| Essex Portfolio, L.P. | 93,010 | 62,868 | +47.9% |
| Increase Decrease In Other Receivables (FY) | — | — | — |
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| Increase Decrease In Other Receivables | -9,201 | -13,497 | +31.8% |
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| Essex Portfolio, L.P. | -9,201 | -13,497 | +31.8% |
| Companys Share Of Gain On Sales Of Real Estate (FY) | — | — | — |
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| Companys Share Of Gain On Sales Of Real Estate | -299,524 | -175,583 | -70.6% |
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| Essex Portfolio, L.P. | -299,524 | -175,583 | -70.6% |
| Stock-Based Compensation (FY) | — | — | — |
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| Stock-Based Compensation | 9,640 | 7,158 | +34.7% |
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| Essex Portfolio, L.P. | 9,640 | 7,158 | +34.7% |
| Change in Prepaid & Other Assets (FY) | — | — | — |
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| Change in Prepaid & Other Assets | -2,002 | 32,007 | -106.3% |
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| Essex Portfolio, L.P. | -2,002 | 32,007 | -106.3% |
| Increase Decrease In Other Accounts Payable And Accrued Liabilities (FY) | — | — | — |
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| Increase Decrease In Other Accounts Payable And Accrued Liabilities | 7,217 | 25,194 | -71.4% |
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| Essex Portfolio, L.P. | 7,217 | 25,194 | -71.4% |
| Increase Decrease In Other Operating Liabilities (FY) | — | — | — |
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| Increase Decrease In Other Operating Liabilities | -2,264 | -1,910 | -18.5% |
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| Essex Portfolio, L.P. | -2,264 | -1,910 | -18.5% |
| Net Cash from Operations (FY) | — | — | — |
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| Net Cash from Operations | 1,074,423 | 1,068,305 | +0.6% |
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| Essex Portfolio, L.P. | 1,074,423 | 1,068,305 | +0.6% |
| Investing Activities | |||
| Payments To Acquire Real Estate (FY) | — | — | — |
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| Payments To Acquire Real Estate | -831,661 | -940,440 | +11.6% |
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| Essex Portfolio, L.P. | -831,661 | -940,440 | +11.6% |
| Redevelopment Expenditures (FY) | — | — | — |
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| Redevelopment Expenditures | -81,619 | -70,572 | -15.7% |
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| Essex Portfolio, L.P. | -81,619 | -70,572 | -15.7% |
| Payments To Develop Real Estate Assets (FY) | — | — | — |
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| Payments To Develop Real Estate Assets | -61,878 | -2,874 | -2053.0% |
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| Essex Portfolio, L.P. | -61,878 | -2,874 | -2053.0% |
| Revenue Generating Capital Expenditures (FY) | — | — | — |
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| Revenue Generating Capital Expenditures | -140,348 | -136,395 | -2.9% |
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| Essex Portfolio, L.P. | -140,348 | -136,395 | -2.9% |
| Payments To Acquire Notes Receivable (FY) | — | — | — |
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| Payments To Acquire Notes Receivable | -169,644 | -130,635 | -29.9% |
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| Essex Portfolio, L.P. | -169,644 | -130,635 | -29.9% |
| Proceeds From Sale And Collection Of Receivables (FY) | — | — | — |
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| Proceeds From Sale And Collection Of Receivables | 84,801 | 33,504 | +153.1% |
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| Essex Portfolio, L.P. | 84,801 | 33,504 | +153.1% |
| Proceeds From Insurance Settlement Investing Activities (FY) | — | — | — |
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| Proceeds From Insurance Settlement Investing Activities | 3,522 | 2,299 | +53.2% |
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| Essex Portfolio, L.P. | 3,522 | 2,299 | +53.2% |
| Proceeds From Sale Of Real Estate Heldforinvestment (FY) | — | — | — |
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| Proceeds From Sale Of Real Estate Heldforinvestment | 509,946 | 247,286 | +106.2% |
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| Essex Portfolio, L.P. | 509,946 | 247,286 | +106.2% |
| Payments To Acquire Equity Method Investments (FY) | — | — | — |
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| Payments To Acquire Equity Method Investments | -33,752 | -34,073 | +0.9% |
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| Essex Portfolio, L.P. | -33,752 | -34,073 | +0.9% |
| Increase Decrease In Refundable Deposits (FY) | — | — | — |
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| Increase Decrease In Refundable Deposits | 8,000 | -8,000 | +200.0% |
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| Essex Portfolio, L.P. | 8,000 | -8,000 | +200.0% |
| Payments To Acquire Marketable Securities (FY) | — | — | — |
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| Payments To Acquire Marketable Securities | -25,515 | -1,002 | -2446.4% |
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| Essex Portfolio, L.P. | -25,515 | -1,002 | -2446.4% |
| Payments For Proceeds From Sales And Maturities Of Marketable Securities (FY) | — | — | — |
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| Payments For Proceeds From Sales And Maturities Of Marketable Securities | 1,264 | 27,348 | -95.4% |
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| Essex Portfolio, L.P. | 1,264 | 27,348 | -95.4% |
| Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital (FY) | — | — | — |
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| Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital | 184,401 | 40,503 | +355.3% |
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| Essex Portfolio, L.P. | 184,401 | 40,503 | +355.3% |
| Net Cash from Investing (FY) | — | — | — |
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| Net Cash from Investing | -552,483 | -973,051 | +43.2% |
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| Essex Portfolio, L.P. | -552,483 | -973,051 | +43.2% |
| Redemption Of Preferred Equity Investments Upon Acquisition Or Consolidation Of Co Investments (FY) | — | — | — |
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| Redemption Of Preferred Equity Investments Upon Acquisition Or Consolidation Of Co Investments | 262,449 | 44,670 | +487.5% |
| Reclassification From To Redeemable Noncontrolling Interest (FY) | — | — | — |
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| Reclassification From To Redeemable Noncontrolling Interest | -2,209 | -835 | -164.6% |
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| Essex Portfolio, L.P. | -2,209 | -835 | -164.6% |
| Right Of Use Asset Obtained In Exchange For Operating Lease Liability (FY) | — | — | — |
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| Right Of Use Asset Obtained In Exchange For Operating Lease Liability | 2,727 | — | — |
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| Essex Portfolio, L.P. | 2,727 | — | — |
| Financing Activities | |||
| Proceeds From Issuance Of Long Term Debt (FY) | — | — | — |
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| Proceeds From Issuance Of Long Term Debt | 1,148,242 | 554,875 | +106.9% |
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| Essex Portfolio, L.P. | 1,148,242 | 554,875 | +106.9% |
| Repayments Of Long Term Debt (FY) | — | — | — |
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| Repayments Of Long Term Debt | -808,611 | -403,108 | -100.6% |
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| Essex Portfolio, L.P. | -808,611 | -403,108 | -100.6% |
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| Apartment Building · Highridge | -69.6 | — | — |
| Proceeds From Lines Of Credit And Commercial Paper (FY) | — | — | — |
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| Proceeds From Lines Of Credit And Commercial Paper | 7,935,548 | 1,667,476 | +375.9% |
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| Essex Portfolio, L.P. | 7,935,548 | 1,667,476 | +375.9% |
| Repayments Of Lines Of Credit And Commercial Paper (FY) | — | — | — |
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| Repayments Of Lines Of Credit And Commercial Paper | -8,073,493 | -1,529,531 | -427.8% |
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| Essex Portfolio, L.P. | -8,073,493 | -1,529,531 | -427.8% |
| Payment Of Financing And Stock Issuance Costs (FY) | — | — | — |
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| Payment Of Financing And Stock Issuance Costs | -13,394 | -9,568 | -40.0% |
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| Essex Portfolio, L.P. | -13,394 | -9,568 | -40.0% |
| Payments Of Debt Extinguishment Costs (FY) | — | — | — |
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| Payments Of Debt Extinguishment Costs | -697 | — | — |
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| Essex Portfolio, L.P. | -697 | — | — |
| Proceeds From Issuance Of Common Stock (FY) | — | — | — |
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| Proceeds From Issuance Of Common Stock | -391 | -296 | -32.1% |
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| Essex Portfolio, L.P. | -391 | -296 | -32.1% |
| Proceeds From Stock Options Exercised (FY) | — | — | — |
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| Proceeds From Stock Options Exercised | 8,930 | 12,313 | -27.5% |
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| Essex Portfolio, L.P. | 8,930 | 12,313 | -27.5% |
| Tax Withholding for Share Compensation (FY) | — | — | — |
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| Tax Withholding for Share Compensation | -8,114 | -3,217 | -152.2% |
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| Essex Portfolio, L.P. | -8,114 | -3,217 | -152.2% |
| Payments Of Distributions To Affiliates (FY) | — | — | — |
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| Payments Of Distributions To Affiliates | -32,677 | -81,246 | +59.8% |
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| Essex Portfolio, L.P. | -9,498 | -56,582 | +83.2% |
| Payments To Minority Shareholders (FY) | — | — | — |
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| Payments To Minority Shareholders | -13,475 | -6,453 | -108.8% |
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| Essex Portfolio, L.P. | -13,475 | -6,453 | -108.8% |
| Payments Of Ordinary Dividends (FY) | — | — | — |
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| Payments Of Ordinary Dividends | -654,068 | -620,466 | -5.4% |
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| Essex Portfolio, L.P. | -677,247 | -645,130 | -5.0% |
| Net Cash from Financing (FY) | — | — | — |
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| Net Cash from Financing | -512,200 | -419,742 | -22.0% |
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| Essex Portfolio, L.P. | -512,200 | -419,742 | -22.0% |
| Supplemental | |||
| Interest Paid (FY) | — | — | — |
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| Interest Paid | 252,651 | 223,220 | +13.2% |
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| Essex Portfolio, L.P. | 252,651 | 223,220 | +13.2% |
| Interest Paid Capitalized (FY) | — | — | — |
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| Interest Paid Capitalized | 3,659 | 251 | +1357.8% |
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| Essex Portfolio, L.P. | 3,659 | 251 | +1357.8% |
| Operating Lease Payments (FY) | — | — | — |
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| Operating Lease Payments | 6,431 | 6,934 | -7.3% |
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| Essex Portfolio, L.P. | 6,431 | 6,934 | -7.3% |
| Other Cash Flow | |||
| Net Change in Cash (FY) | — | — | — |
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| Net Change in Cash | 9,740 | -324,488 | +103.0% |
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| Essex Portfolio, L.P. | 9,740 | -324,488 | +103.0% |
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents (Q) | — | — | — |
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| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | 85,586 | 75,846 | +12.8% |
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| Essex Portfolio, L.P. | 85,586 | 75,846 | +12.8% |
Values in thousands USD. Source: SEC EDGAR 10-K filing.