XML 57 R42.htm IDEA: XBRL DOCUMENT
v3.20.2

Notes and Other Receivables (Details) - USD ($) | 1 Months Ended | 9 Months Ended |
--- | --- | --- | ---
Jan. 31, 2020 | Sep. 30, 2020 | Dec. 31, 2019
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |
Notes receivable |  | $ 75,432,000 | $ 134,365,000
Notes and other receivables, allowance for credit loss |  | (172,000) | 0
Notes receivable, secured, bearing interest at 9.00%, due May 2021 (Originated May 2017) |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |
Notes receivable |  | $ 0 | 16,828,000
Stated interest rate |  | 9.00% |
Note receivable, secured, bearing interest at 9.90%, due November 2021 (Originated November 2018) |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |
Notes receivable |  | $ 13,857,000 | 12,838,000
Stated interest rate |  | 9.90% |
Related party note receivable, secured, bearing variable rate interest, due February 2020 |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |
Notes receivable |  | $ 0 | 85,713,000
Notes receivable, secured, bearing interest at 10.50%, due February 2023 (Originated March 2020) |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |
Notes receivable |  | $ 7,499,000 | 0
Stated interest rate |  | 10.50% |
Note receivable, secured, bearing interest at 11.00%, due October 2023 (Originated April 2020) |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |
Notes receivable |  | $ 13,134,000 | 0
Stated interest rate |  | 11.00% |
Notes and other receivables from affiliates |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |
Notes receivable |  | $ 5,505,000 | 4,442,000
Straight line rent receivables |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |
Notes receivable |  | 21,373,000 | 6,083,000
Other receivables |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |
Notes receivable |  | $ 14,236,000 | $ 8,461,000
Affiliated Entity | Notes receivable, secured, bearing interest at 9.00%, due May 2021 (Originated May 2017) |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |
Proceeds from redemption of notes receivable | $ 16,900,000 |  |
Affiliated Entity | Related party note receivable, secured, bearing variable rate interest, due February 2020 |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |
Proceeds from redemption of notes receivable | $ 85,800,000 |  |

X
- Definition Interest rate of mortgage loan within investment in mortgage loan on real estate by entity with substantial portion of business acquiring and holding investment real estate or interest in real estate. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 12 -Paragraph Column B -Subsection 29 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 948 -SubTopic 310 -Section S99 -Paragraph 1 -Subparagraph (SX 210.12-29(Column B)) -URI http://asc.fasb.org/extlink&oid=120402547&loc=d3e617274-123014 + Details
Name: | srt_MortgageLoansOnRealEstateInterestRate
Namespace Prefix: | srt_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_AccountsNotesAndLoansReceivableLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of allowance for credit loss on financing receivable. Excludes allowance for financing receivable covered under loss sharing agreement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=121611835&loc=SL6953423-111524 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(7)(2)) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121599878&loc=SL82895884-210446 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121599337&loc=SL82919249-210447 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=121599337&loc=SL82919249-210447 + Details
Name: | us-gaap_FinancingReceivableAllowanceForCreditLosses
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount, after allowance for credit loss, of financing receivable. Excludes financing receivable covered under loss sharing agreement. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 5 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121599337&loc=SL82919230-210447 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(3)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121593590&loc=d3e4428-111522 + Details
Name: | us-gaap_NotesReceivableNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The cash inflow associated with principal collections from a borrowing supported by a written promise to pay an obligation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 12 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3179-108585 + Details
Name: | us-gaap_ProceedsFromCollectionOfNotesReceivable
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Details
Name: | us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=ess_SecuredNoteReceivable9.00InterestRateDueMay2021Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=ess_SecuredNoteReceivable9.90InterestRateDueNovember2019Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=ess_RelatedPartyBridgeLoansOnPropertyAcquiredByWescoVMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=ess_SecuredNoteReceivable1050InterestRateDueFebruary2023Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=ess_SecuredNoteReceivable11.00InterestRateDueOctober2023Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=us-gaap_NotesReceivableMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=ess_StraightLineRentReceivableMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=ess_OtherReceivablesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionsByRelatedPartyAxis=srt_AffiliatedEntityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |