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Significant Transactions During The Six Months Ended June 30, 2020 and Subsequent Events (Details)
1 Months Ended 3 Months Ended 6 Months Ended
Jul. 31, 2020
USD ($)
apartment
Jun. 30, 2020
USD ($)
community
Apr. 30, 2020
USD ($)
extension
Mar. 31, 2020
USD ($)
Jan. 31, 2020
USD ($)
community
apartment
Jun. 30, 2020
USD ($)
shares
Mar. 31, 2020
USD ($)
investment
shares
Jun. 30, 2019
USD ($)
Jun. 30, 2020
USD ($)
community
apartment
Jun. 30, 2019
USD ($)
Feb. 29, 2020
USD ($)
Other Commitments [Line Items]                      
Gain on remeasurement of co-investment           $ 0   $ 0 $ 234,694,000 $ 31,535,000  
Revenue from disposition           2,348,000   2,260,000 4,965,000 4,595,000  
Number of preferred equity method investments | investment             2        
Commitments to acquire equity method investment             $ 91,400,000        
Preferred return rate             11.30%        
Funding amount to commitment of investment in mezzanine loan                 6,669,000 0  
Senior Notes | 2032 Notes                      
Other Commitments [Line Items]                      
Debt issued   $ 150,000,000.0       $ 150,000,000.0     $ 150,000,000.0    
Debt offering price, percentage of par value   105.66%       105.66%     105.66%    
Reoffer yield percentage                 2.093%    
Unsecured Term Loan                      
Other Commitments [Line Items]                      
Debt issued     $ 200,000,000.0                
Number of extension options (in extensions) | extension     2                
Extension period     12 months                
Common Stock                      
Other Commitments [Line Items]                      
Shares repurchased during period (in shares) | shares           87,988 776,261        
Shares repurchased during period, value           $ 20,100,000 $ 176,300,000        
Purchase authority remaining under stock repurchase plan   $ 229,900,000       229,900,000     $ 229,900,000    
Stock repurchase plan amount   250,000,000.0       250,000,000.0     $ 250,000,000.0    
CPPIB interest                      
Other Commitments [Line Items]                      
Investment interest acquired         45.00%            
Value of property held by acquired investment         $ 1,000,000,000.0            
Gain on remeasurement of co-investment         234,700,000            
Promote income         6,500,000            
Joint venture that holds property in Los Angeles, CA                      
Other Commitments [Line Items]                      
Proceeds from partial redemption of co-investment       $ 11,300,000              
Early redemption fee       200,000              
Property Located in Anaheim, California                      
Other Commitments [Line Items]                      
Proceeds from redemption of notes receivable         $ 16,900,000            
Multifamily Development Communities in Los Angeles, California                      
Other Commitments [Line Items]                      
Notes receivable, commitment to fund, amount       $ 15,000,000.0     $ 15,000,000.0        
Notes receivable, interest rate       10.50%     10.50%        
Notes receivable, term of extension option       2 years              
Multifamily Development Communities in Sacramento, California                      
Other Commitments [Line Items]                      
Notes receivable, commitment to fund, amount       $ 29,200,000     $ 29,200,000        
Notes receivable, interest rate       11.00%     11.00%        
Notes receivable, term of extension option       2 years              
Funding amount to commitment of investment in mezzanine loan     $ 6,700,000                
Apartment Building | CPPIB interest                      
Other Commitments [Line Items]                      
Number of communities held by acquired investment | community         6            
Number of units held by acquired investment | apartment         2,020            
Apartment Building | One South Market, Museum Park                      
Other Commitments [Line Items]                      
Number of communities held by acquired investment | community                 1    
Number of units held by acquired investment | apartment                 126    
Essex Portfolio, L.P.                      
Other Commitments [Line Items]                      
Gain on remeasurement of co-investment           0   0 $ 234,694,000 31,535,000  
Revenue from disposition           $ 2,348,000   $ 2,260,000 4,965,000 4,595,000  
Funding amount to commitment of investment in mezzanine loan                 6,669,000 $ 0  
Essex Portfolio, L.P. | Senior Notes | 2032 Notes                      
Other Commitments [Line Items]                      
Debt issued                     $ 500,000,000.0
Debt coupon rate                     2.65%
Debt offering price, percentage of par value                     99.628%
Repayments of secured debt                 $ 100,300,000    
Affiliated Entity | Related party bridge loan - Wesco V                      
Other Commitments [Line Items]                      
Proceeds from redemption of notes receivable         $ 85,800,000            
LIBOR | Unsecured Term Loan                      
Other Commitments [Line Items]                      
Basis spread on variable rate     1.20%                
One South Market and Museum Park                      
Other Commitments [Line Items]                      
Revenue from disposition   232,000,000.0                  
Gain (loss) on sale of properties   $ 16,600,000                  
One South Market and Museum Park | Apartment Building                      
Other Commitments [Line Items]                      
Number of units sold | community   2                  
Subsequent Event | Apartment Building | Delano, Redmond, WA                      
Other Commitments [Line Items]                      
Number of units held by acquired investment | apartment 126                    
Subsequent Event | One South Market and Museum Park                      
Other Commitments [Line Items]                      
Revenue from disposition $ 51,500,000