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Organization and Basis of Presentation (Tables)
 6 Months Ended
Jun. 30, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Components of Marketable Securities
As of June 30, 2025 and December 31, 2024, marketable securities consisted of the following ($ in thousands):
 June 30, 2025
 Amortized CostGross
Unrealized Gain (Loss)		Carrying Value
Equity securities:
Investment funds - debt securities$2,676 $(23)$2,653 
Common stock, preferred stock and stock funds49,247 20,367 69,614 
Debt securities:
Available for sale
U.S. treasury securities4,882 28 4,910 
Corporate debt securities4,619 55 4,674 
Municipal debt securities307 4 311 
Total - Marketable securities $61,731 $20,431 $82,162 

 December 31, 2024
 Amortized CostGross
Unrealized Gain (Loss)		Carrying Value
Equity securities:
Investment funds - debt securities$2,645 $(67)$2,578 
Common stock, preferred stock and stock funds49,195 18,021 67,216 
Total - Marketable securities $51,840 $17,954 $69,794 
Schedule of Changes in Accumulated Other Comprehensive Income, Net by Component
Changes in Accumulated Other Comprehensive Income, Net by Component

Essex Property Trust, Inc.
($ in thousands):
 Change in fair
value and amortization
of swap settlements		Unrealized
gain on
available for sale debt securities		Total
Balance at December 31, 2024$24,655 $— $24,655 
Other comprehensive loss before reclassification(15,315)84 (15,231)
Amounts reclassified from accumulated other comprehensive income 2,251 — 2,251 
Other comprehensive loss(13,064)84 (12,980)
Balance at June 30, 2025$11,591 $84 $11,675 

Essex Portfolio, L.P.
($ in thousands):
 Change in fair
value and amortization
of swap settlements		Unrealized
gain on
available for sale debt securities		Total
Balance at December 31, 2024$29,429 $— $29,429 
Other comprehensive loss before reclassification(15,852)87 (15,765)
Amounts reclassified from accumulated other comprehensive income2,331 — 2,331 
Other comprehensive loss(13,521)87 (13,434)
Balance at June 30, 2025$15,908 $87 $15,995 
Schedule of Changes to the Redemption Value of Noncontrolling Interests
The changes in the redemption value of redeemable noncontrolling interests for the six months ended June 30, 2025 was as follows ($ in thousands):
Balance at December 31, 2024$30,849 
Reclassification due to change in redemption value and other2,073 
Balance at June 30, 2025$32,922 
Schedule of Cash and Cash Equivalents
The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the condensed consolidated balance sheets that sum to the total of the same such amounts shown in the condensed consolidated statements of cash flows ($ in thousands):
 June 30, 2025December 31, 2024June 30, 2024December 31, 2023
Cash and cash equivalents - unrestricted$58,679 $66,795 $55,223 $391,749 
Cash and cash equivalents - restricted9,205 9,051 8,928 8,585 
Total unrestricted and restricted cash and cash equivalents shown in the condensed consolidated statements of cash flows$67,884 $75,846 $64,151 $400,334 
Schedule of Restricted Cash and Cash Equivalents
The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the condensed consolidated balance sheets that sum to the total of the same such amounts shown in the condensed consolidated statements of cash flows ($ in thousands):
 June 30, 2025December 31, 2024June 30, 2024December 31, 2023
Cash and cash equivalents - unrestricted$58,679 $66,795 $55,223 $391,749 
Cash and cash equivalents - restricted9,205 9,051 8,928 8,585 
Total unrestricted and restricted cash and cash equivalents shown in the condensed consolidated statements of cash flows$67,884 $75,846 $64,151 $400,334