XML 50 R35.htm IDEA: XBRL DOCUMENT v3.24.2
Net Income Per Common Share and Net Income Per Common Unit (Tables)
6 Months Ended
Jun. 30, 2024
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 June 30, 2024Three Months Ended June 30, 2023
 IncomeWeighted-
average
Common
Shares
Per
Common
Share
Amount
IncomeWeighted-
average
Common
Shares
Per
Common
Share
Amount
Basic:
Net income available to common stockholders$92,914 64,209,878 $1.45 $99,620 64,182,555 $1.55 
Effect of Dilutive Securities: 
Stock options— 17,773 — 1,120 
Diluted:      
Net income available to common stockholders$92,914 64,227,651 $1.45 $99,620 64,183,675 $1.55 
 Six Months Ended June 30, 2024Six Months Ended June 30, 2023
 IncomeWeighted-
average
Common
Shares
Per
Common
Share
Amount
IncomeWeighted-
average
Common
Shares
Per
Common
Share
Amount
Basic:
Net income available to common stockholders$365,645 64,207,482 $5.69 $253,152 64,319,783 $3.94 
Effect of Dilutive Securities: 
Stock options— 11,429 — 1,115 
Diluted:      
Net income available to common stockholders$365,645 64,218,911 $5.69 $253,152 64,320,898 $3.94 
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 June 30, 2024Three Months Ended June 30, 2023
 IncomeWeighted-
average
Common
 Units
Per
Common
Unit
Amount
IncomeWeighted-
average
Common
 Units
Per
Common
Unit
Amount
Basic:
Net income available to common unitholders$96,184 66,468,691 $1.45 $103,126 66,442,994 $1.55 
Effect of Dilutive Securities: 
Stock options— 17,773 — 1,120 
Diluted:      
Net income available to common unitholders$96,184 66,486,464 $1.45 $103,126 66,444,114 $1.55 
 Six Months Ended June 30, 2024Six Months Ended June 30, 2023
 IncomeWeighted-
average
Common
Shares
Per
Common
Share
Amount
IncomeWeighted-
average
Common
Shares
Per
Common
Share
Amount
Basic:
Net income available to common stockholders$378,514 66,466,295 $5.69 $262,062 66,582,934 $3.94 
Effect of Dilutive Securities: 
Stock options— 11,429 — 1,115 
Diluted:      
Net income available to common stockholders$378,514 66,477,724 $5.69 $262,062 66,584,049 $3.94