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For the quarter ending 2026-03-31, ESS has $13,095,487K in assets. $7,468,343K in debts. $38,005K in cash and cash equivalents.

Balance Sheets Overview

Debt to Asset Ratio
57.03%
Unit: Thousand (K) dollars
Assets Breakdown
    • Buildings and improvements
    • Less accumulated depreciation
    • Land and land improvements
    • Others
Liabilities Breakdown
    • Additional paid-in capital
    • Unsecured debt, net
    • Distributions in excess of accum...
    • Others

Balance Sheets
2026-03-31
2025-12-31
2025-09-30
2025-06-30
Land and land improvements
3,363,169 3,363,169 3,325,394 3,320,696
Buildings and improvements
15,121,705 15,073,416 14,745,049 14,652,727
Total rental properties
18,484,874 18,436,585 18,070,443 17,973,423
Less accumulated depreciation
6,684,573 6,532,003 6,381,123 6,263,819
Net real estate
11,800,301 11,904,582 11,689,320 11,709,604
Real estate under development
159,515 157,122 139,161 105,591
Co-investments
649,313 630,550 808,238 895,821
Real estate held for sale
---47,653
Total real estate
12,609,129 12,692,254 12,636,719 12,758,669
Cash and cash equivalents-unrestricted
38,005 76,241 65,959 58,679
Cash and cash equivalents-restricted
9,405 9,345 9,284 9,205
Marketable securities
96,521 98,070 84,116 82,162
Note receivables-Secured Note Receivable9.00Interest Rate Due October2026
64,193 -64,193 -
Note receivables-Secured Note Receivable12.00Interest Rate Due January2025
--0 -
Note receivables-Secured Note Receivable1125Interest Rate Due October2027
45,198 -42,692 -
Note receivables-Secured Related Party Note Receivable5.50Interest Rate Due December2025
59,747 -81,572 -
Note receivables-Related Party Note Receivable Bearing Variable Rate Interest Due October2024
--0 -
Note receivables-Notes Receivable
5,223 -6,507 -
Note receivables-Straight Line Rent Receivable
10,084 -9,044 -
Note receivables-Other Receivables
18,126 -18,210 -
Allowance for credit losses
589 -590 -
Notes and other receivables, net of allowance for credit losses of 0.6 million as of march31, 2026 and december31, 2025, respectively
201,982 141,591 221,628 138,096
Operating lease right-of-use assets
49,957 50,833 51,682 52,519
Prepaid expenses and other assets
90,488 90,675 80,853 82,160
Total assets
13,095,487 13,159,009 13,150,241 13,181,490
Unsecured debt, net
6,017,550 6,015,921 5,621,505 5,519,922
Mortgage notes payable, net
784,286 784,348 795,404 874,532
Lines of credit and commercial paper
4,660 0 245,000 365,000
Accounts payable and accrued liabilities
254,843 221,351 250,745 188,708
Construction payable
31,205 24,743 33,484 27,069
Dividends payable
174,601 173,698 173,770 173,747
Distributions in excess of investments in co-investments
99,316 98,837 95,893 89,389
Liabilities associated with real estate held for sale
---234
Operating lease liabilities
50,531 51,487 52,405 53,266
Other liabilities
51,351 51,729 50,762 50,787
Total liabilities
7,468,343 7,422,114 7,318,968 7,342,654
Redeemable noncontrolling interest
25,788 28,263 29,746 32,922
Common stock 0.0001 par value, 670,000,000 shares authorized 64,309,677 and 64,442,290 shares issued and outstanding, respectively
6 6 6 6
Additional paid-in capital
6,638,007 6,683,514 6,686,589 6,685,714
Distributions in excess of accumulated earnings
1,208,590 1,148,195 1,063,135 1,062,146
Accumulated other comprehensive income, net
6,164 6,047 7,856 11,675
Total stockholders equity
5,435,587 5,541,372 5,631,316 5,635,249
Noncontrolling interest
165,769 167,260 170,211 170,665
Total equity
5,601,356 5,708,632 5,801,527 5,805,914
Total liabilities and equity
13,095,487 13,159,009 13,150,241 13,181,490
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Buildings andimprovements$15,121,705K (4.24%↑ Y/Y)Land and landimprovements$3,363,169K (2.80%↑ Y/Y)Total rentalproperties$18,484,874K (3.98%↑ Y/Y)Net real estate$11,800,301K (1.67%↑ Y/Y)Co-investments$649,313K (-28.39%↓ Y/Y)Real estate underdevelopment$159,515K (65.70%↑ Y/Y)Notereceivables-Secured Note...$64,193K (3.63%↑ Y/Y)Notereceivables-Secured Related Party...$59,747K Notereceivables-Secured Note...$45,198K (12.13%↑ Y/Y)Notereceivables-Other Receivables$18,126K (0.91%↑ Y/Y)Notereceivables-Straight Line Rent...$10,084K (16.05%↑ Y/Y)Notereceivables-Notes Receivable$5,223K (-2.26%↓ Y/Y)Less accumulateddepreciation$6,684,573K (8.31%↑ Y/Y)Total real estate$12,609,129K (-0.88%↓ Y/Y)Notes and otherreceivables, net of allowance...$201,982K (51.04%↑ Y/Y)Marketable securities$96,521K (26.98%↑ Y/Y)Prepaid expenses andother assets$90,488K (-4.00%↓ Y/Y)Operating leaseright-of-use assets$49,957K (-6.36%↓ Y/Y)Cash and cashequivalents-unrestricted$38,005K (-61.51%↓ Y/Y)Cash and cashequivalents-restricted$9,405K (3.05%↑ Y/Y)Allowance for creditlosses$589K (11.98%↑ Y/Y)Total assets$13,095,487K (-0.69%↓ Y/Y)Total liabilities andequity$13,095,487K (-0.69%↓ Y/Y)Total liabilities$7,468,343K (0.84%↑ Y/Y)Total equity$5,601,356K (-2.51%↓ Y/Y)Redeemable noncontrollinginterest$25,788K (-24.98%↓ Y/Y)Unsecured debt, net$6,017,550K (2.50%↑ Y/Y)Mortgage notes payable,net$784,286K (-14.71%↓ Y/Y)Accounts payable andaccrued liabilities$254,843K (9.57%↑ Y/Y)Dividends payable$174,601K (0.53%↑ Y/Y)Distributions in excess ofinvestments in...$99,316K (17.82%↑ Y/Y)Other liabilities$51,351K (2.66%↑ Y/Y)Operating leaseliabilities$50,531K (-6.68%↓ Y/Y)Construction payable$31,205K (50.90%↑ Y/Y)Lines of credit andcommercial paper$4,660K Total stockholdersequity$5,435,587K (-2.41%↓ Y/Y)Noncontrolling interest$165,769K (-5.58%↓ Y/Y)Distributions in excess ofaccumulated earnings$1,208,590K (8.11%↑ Y/Y)Additional paid-in capital$6,638,007K (-0.51%↓ Y/Y)Accumulated othercomprehensive income, net$6,164K (-60.54%↓ Y/Y)Common stock 0.0001 parvalue, 670,000,000...$6K (0.00%↑ Y/Y)

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ESSEX PROPERTY TRUST, INC. (ESS)

Essex-logo-svg

ESSEX PROPERTY TRUST, INC. (ESS)