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Significant Transactions During the Nine Months Ended September 30, 2024 and Subsequent Events (Details)
$ in Thousands
1 Months Ended 3 Months Ended 9 Months Ended
Oct. 31, 2024
USD ($)
apartment
community
Sep. 30, 2024
USD ($)
unit
apartment
Jul. 31, 2024
USD ($)
apartment
May 31, 2024
USD ($)
apartment
Apr. 30, 2024
USD ($)
apartment
Mar. 31, 2024
USD ($)
community
apartment
Aug. 31, 2022
USD ($)
community
Sep. 30, 2024
USD ($)
Sep. 30, 2023
USD ($)
Sep. 30, 2024
USD ($)
apartment
Sep. 30, 2023
USD ($)
Aug. 31, 2024
USD ($)
Other Commitments [Line Items]                        
Gain on remeasurement of co-investment               $ 31,583 $ 0 $ 169,909 $ 0  
Income (loss) from equity method investments               11,649 10,694 33,667 33,802  
Proceeds from dispositions of co-investments     $ 40,100 $ 10,300                
Preferred return rate       12.00%                
Proceeds from preferred equity investment                   35,096 48,229  
Subsequent Event                        
Other Commitments [Line Items]                        
Proceeds from preferred equity investment $ 55,800                      
Essex Portfolio, L.P.                        
Other Commitments [Line Items]                        
Gain on remeasurement of co-investment               31,583 0 169,909 0  
Income (loss) from equity method investments               $ 11,649 $ 10,694 33,667 33,802  
Proceeds from preferred equity investment                   $ 35,096 $ 48,229  
Senior Notes                        
Other Commitments [Line Items]                        
Debt instrument, repaid, principal       $ 400,000                
Unsecured Bonds 5.500%, Due April 2034 | Bonds public offering - fixed rate, net | Essex Portfolio, L.P.                        
Other Commitments [Line Items]                        
Debt instrument face amount           $ 350,000            
Interest rate           5.50%            
Debt instrument, debt offering price, percentage of principal           99.752%            
Unsecured Bonds 5.500%, Due April 2034 | Senior Notes                        
Other Commitments [Line Items]                        
Debt instrument face amount                       $ 200,000
Debt instrument debt offering price percentage of principal amount                       102.871%
Debt instrument debt offering price reoffer yield percentage                       5.11%
Related Party                        
Other Commitments [Line Items]                        
Number of communities owned | community             3          
Notes receivable             $ 11,200          
Notes receivable, interest rate             9.50%          
Related Party Bridge Loan On Property Acquired By BEX II | Related Party                        
Other Commitments [Line Items]                        
Notes receivable         $ 53,600 $ 53,600            
Debt instrument, variable interest rate, type [extensible enumeration]         Secured Overnight Financing Rate (SOFR) [Member]              
Notes receivable, interest rate         1.50%              
ARLO Apartments Located in Mountain View                        
Other Commitments [Line Items]                        
Number of units acquired | apartment       164                
Payments to acquire real estate       $ 101,100                
Apartment Homes Located in Sunnyvale, CA                        
Other Commitments [Line Items]                        
Number of units acquired | apartment         75              
Debt instrument, repaid, principal         $ 32,100              
Commitment to fund preferred equity investment         14,700              
Repayments of secured debt         $ 46,600              
BEXAEW LLC                        
Other Commitments [Line Items]                        
Joint venture ownership percent           49.90%            
Number of units acquired | apartment           1,480            
Payments to acquire real estate           $ 505,000            
Debt instrument, repaid, principal           $ 219,900            
Number of communities owned | community           4            
Income (loss) from equity method investments           $ 1,500            
BEXAEW LLC | Related Party Bridge Loan On Property Acquired By BEX II | Related Party                        
Other Commitments [Line Items]                        
Debt instrument, variable interest rate, type [extensible enumeration]           Secured Overnight Financing Rate (SOFR) [Member]            
Notes receivable, interest rate           1.50%            
BEX II Portfolio | Subsequent Event                        
Other Commitments [Line Items]                        
Joint venture ownership percent 49.90%                      
Payments to acquire real estate $ 337,500                      
Debt instrument, repaid, principal $ 95,000                      
Number of communities owned | community 4                      
Number of units | apartment 871                      
Apartment Building                        
Other Commitments [Line Items]                        
Number of units acquired | apartment                   697    
Apartment Building | BEXAEW LLC                        
Other Commitments [Line Items]                        
Gain on remeasurement of co-investment           $ 138,300            
Century Towers                        
Other Commitments [Line Items]                        
Joint venture ownership percent   50.00%           50.00%   50.00%    
Number of units acquired | apartment   376               376    
Payments to acquire real estate   $ 173,500                    
Number of OP units acquired | unit   81,737                    
Number of OP units agreed price, per unit   $ 305                    
Debt instrument, repaid, principal   110,500                    
Gain on remeasurement of co-investment   $ 29,400                    
Patina at Midtown                        
Other Commitments [Line Items]                        
Joint venture ownership percent   49.90% 49.90%         49.90%   49.90%    
Number of units acquired | apartment     269             269    
Payments to acquire real estate     $ 117,000                  
Debt instrument, repaid, principal     95,000                  
Patina at Midtown | Apartment Building                        
Other Commitments [Line Items]                        
Gain on remeasurement of co-investment     $ 2,200                  
Hillsdale Garden Apartments | Subsequent Event                        
Other Commitments [Line Items]                        
Joint venture ownership percent 81.50%                      
Number of units | apartment 697                      
Proceeds from sale of real estate $ 252,400