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Significant Transactions During the Six Months Ended June 30, 2025 and Subsequent Events - Narrative (Details)
$ in Thousands
1 Months Ended 3 Months Ended 6 Months Ended
Jul. 30, 2025
USD ($)
May 31, 2025
USD ($)
extensionOption
Apr. 30, 2025
USD ($)
Mar. 31, 2025
USD ($)
Dec. 31, 2025
Jun. 30, 2025
USD ($)
community
property
Dec. 31, 2024
USD ($)
apartment
Jun. 30, 2024
USD ($)
Jun. 30, 2025
USD ($)
community
property
Jun. 30, 2024
USD ($)
Jul. 31, 2025
USD ($)
apartment
Feb. 28, 2025
USD ($)
Other Commitments [Line Items]                        
Number of communities owned | community           1     1      
Community apartment homes | property           243     243      
Proceeds from preferred equity investment     $ 14,100 $ 9,900         $ 29,358 $ 21,493    
Co-investments           $ 895,821 $ 935,014   895,821      
Gain on remeasurement of co-investment           0   $ 0 330 138,326    
Debt instrument face amount           450,000     450,000      
Long-term debt           6,427,181     6,427,181      
Debt associated with the property                 615,502 401,533    
Payments to acquire equity method investments                 8,727 3,804    
Proceeds from dispositions of real estate                 364,155 0    
Subsequent Event                        
Other Commitments [Line Items]                        
Proceeds from dispositions of real estate $ 97,500                      
Essex Portfolio, L.P.                        
Other Commitments [Line Items]                        
Proceeds from preferred equity investment                 29,358 21,493    
Co-investments           895,821 935,014   895,821      
Gain on remeasurement of co-investment           0   $ 0 330 138,326    
Debt associated with the property                 615,502 401,533    
Payments to acquire equity method investments                 8,727 3,804    
Proceeds from dispositions of real estate                 364,155 $ 0    
Commercial Paper                        
Other Commitments [Line Items]                        
Debt instrument, term   397 days                    
Maximum amount authorized   $ 750,000                    
Interest Rate Swap                        
Other Commitments [Line Items]                        
Derivative hedged item   $ 150,000       47,500     47,500      
Interest rate   4.10%                    
Unsecured Term Loan 0.850%, Due May 2028 | Unsecured debt                        
Other Commitments [Line Items]                        
Debt instrument face amount   $ 300,000                    
Interest rate   0.85%                    
Number of extensions | extensionOption   2                    
Option term   1 year                    
Long-term debt           150,000     150,000      
Unsecured Term Loan 0.850%, Due May 2028 | Unsecured debt | Maximum                        
Other Commitments [Line Items]                        
Debt instrument face amount   $ 600,000                    
New Credit Facility | Unsecured debt | Lines of credit                        
Other Commitments [Line Items]                        
Debt instrument face amount           1,280,000 1,280,000   1,280,000      
Interest rate   0.775%                    
Number of extensions | extensionOption   2                    
Option term   6 months                    
Aggregate borrowing capacity   $ 1,500,000 1,200,000     $ 1,200,000     $ 1,200,000      
Line of credit facility increase amount   1,000,000                    
New Credit Facility | Unsecured debt | Lines of credit | Maximum                        
Other Commitments [Line Items]                        
Aggregate borrowing capacity   $ 2,500,000                    
Unsecured Bonds 5.500%, Due April 2034 | Unsecured debt | Essex Portfolio, L.P.                        
Other Commitments [Line Items]                        
Unsecured notes at maturity     $ 500,000                  
Debt instrument face amount                       $ 400,000
Interest rate                       5.375%
Debt instrument, debt offering price, percentage of principal                       99.604%
Stabilized Apartment Home Community Located In Oakland                        
Other Commitments [Line Items]                        
Unsecured notes at maturity             72,000          
Co-investments             $ 22,700          
Apartment Homes | apartment             241          
Value of property held             $ 95,000          
Gain on remeasurement of co-investment             $ 300          
Wesco VII LLC | Forecast                        
Other Commitments [Line Items]                        
Preferred return rate         13.50%              
Wesco VII LLC | Subsequent Event                        
Other Commitments [Line Items]                        
Payments to acquire equity method investments $ 50,000                      
Equity method investment, ownership percentage 50.00%                      
Preferred equity investment                     $ 42,600  
Number of units in real estate property | apartment                     480