| Balance Sheets | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Land and land improvements | 3,325,394 | 3,320,696 | 3,271,624 | 3,174,058 |
| Buildings and improvements | 14,745,049 | 14,652,727 | 14,505,983 | 13,884,518 |
| Total rental properties | 18,070,443 | 17,973,423 | 17,777,607 | 17,058,576 |
| Less accumulated depreciation | 6,381,123 | 6,263,819 | 6,171,689 | 6,004,325 |
| Net real estate | 11,689,320 | 11,709,604 | 11,605,918 | 11,054,251 |
| Real estate held for sale | - | 47,653 | 112,173 | 74,148 |
| Real estate under development | 139,161 | 105,591 | 96,268 | - |
| Co-investments | 808,238 | 895,821 | 906,686 | 1,007,252 |
| Real estate under development | - | - | - | 25,087 |
| Total real estate | 12,636,719 | 12,758,669 | 12,721,045 | 12,160,738 |
| Cash and cash equivalents-unrestricted | 65,959 | 58,679 | 98,735 | 71,288 |
| Cash and cash equivalents-restricted | 9,284 | 9,205 | 9,127 | 8,975 |
| Marketable securities | 84,116 | 82,162 | 76,013 | 75,245 |
| Note receivables-Secured Note Receivable9.00Interest Rate Due October2026 | 64,193 | - | - | - |
| Note receivables-Secured Note Receivable12.00Interest Rate Due January2025 | 0 | - | - | - |
| Note receivables-Secured Note Receivable1125Interest Rate Due October2027 | 42,692 | - | - | - |
| Note receivables-Secured Related Party Note Receivable5.50Interest Rate Due December2025 | 81,572 | - | - | - |
| Note receivables-Related Party Note Receivable Bearing Variable Rate Interest Due October2024 | 0 | - | - | - |
| Note receivables-Notes Receivable | 6,507 | - | - | - |
| Note receivables-Straight Line Rent Receivable | 9,044 | - | - | - |
| Note receivables-Other Receivables | 18,210 | - | - | - |
| Allowance for credit losses | 590 | - | - | - |
| Notes and other receivables, net of allowance for credit losses of 0.6 million and 0.5 million as of september30, 2025 and december31, 2024, respectively | 221,628 | 138,096 | 133,724 | 200,295 |
| Operating lease right-of-use assets | 51,682 | 52,519 | 53,351 | 52,470 |
| Prepaid expenses and other assets | 80,853 | 82,160 | 94,263 | 78,436 |
| Total assets | 13,150,241 | 13,181,490 | 13,186,258 | 12,647,447 |
| Unsecured debt, net | 5,621,505 | 5,519,922 | 5,870,662 | 5,473,318 |
| Mortgage notes payable, net | 795,404 | 874,532 | 919,590 | 884,728 |
| Lines of credit and commercial paper | 245,000 | 365,000 | - | - |
| Accounts payable and accrued liabilities | 250,745 | 188,708 | 232,594 | 246,356 |
| Lines of credit | - | - | 0 | 7,885 |
| Construction payable | 33,484 | 27,069 | 20,679 | 23,185 |
| Dividends payable | 173,770 | 173,747 | 173,678 | 165,613 |
| Distributions in excess of investments in co-investments | 95,893 | 89,389 | 84,295 | 79,985 |
| Liabilities associated with real estate held for sale | - | 234 | 641 | 1,214 |
| Operating lease liabilities | 52,405 | 53,266 | 54,149 | 53,510 |
| Other liabilities | 50,762 | 50,787 | 50,019 | 49,316 |
| Total liabilities | 7,318,968 | 7,342,654 | 7,406,307 | 6,985,110 |
| Redeemable noncontrolling interest | 29,746 | 32,922 | 34,376 | 33,977 |
| Common stock 0.0001 par value, 670,000,000 shares authorized 64,404,022 and 64,280,466 shares issued and outstanding, respectively | 6 | 6 | 6 | 6 |
| Additional paid-in capital | 6,686,589 | 6,685,714 | 6,672,346 | 6,671,264 |
| Distributions in excess of accumulated earnings | 1,063,135 | 1,062,146 | 1,117,971 | - |
| Accumulated other comprehensive income, net | 7,856 | 11,675 | 15,620 | 18,174 |
| Distributions in excess of accumulated earnings | - | - | - | 1,255,608 |
| Total stockholders equity | 5,631,316 | 5,635,249 | 5,570,001 | 5,433,836 |
| Noncontrolling interest | 170,211 | 170,665 | 175,574 | 194,524 |
| Total equity | 5,801,527 | 5,805,914 | 5,745,575 | 5,628,360 |
| Total liabilities and equity | 13,150,241 | 13,181,490 | 13,186,258 | 12,647,447 |
ESSEX PROPERTY TRUST, INC. (ESS)
ESSEX PROPERTY TRUST, INC. (ESS)