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Net Income Per Common Share and Net Income Per Common Unit (Tables) | 12 Months Ended
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Dec. 31, 2023
Net Income Per Share and Net Income Per Unit [Line Items] |
Schedule of Net Income Per Common Share and Net Income Per Unit | Basic and diluted income per share is calculated as follows for the years ended December 31 ($ in thousands, except share and per share amounts):
| 2023 |  | 2022 |  | 2021
| Income |  | Weighted- average Common Shares |  | Per Common Share Amount |  | Income |  | Weighted- average Common Shares |  | Per Common Share Amount |  | Income |  | Weighted- average Common Shares |  | Per Common Share Amount
Basic: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income available to common stockholders | $ | 405,825 |  |  | 64,252,232 |  |  | $ | 6.32 |  |  | $ | 408,315 |  |  | 65,079,764 |  |  | $ | 6.27 |  |  | $ | 488,554 |  |  | 65,051,465 |  |  | $ | 7.51 |
Effect of dilutive securities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Stock options | — |  |  | 1,153 |  |  |  |  | — |  |  | 18,422 |  |  |  |  | — |  |  | 37,409 |  |  |
Diluted: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income available to common stockholders | $ | 405,825 |  |  | 64,253,385 |  |  | $ | 6.32 |  |  | $ | 408,315 |  |  | 65,098,186 |  |  | $ | 6.27 |  |  | $ | 488,554 |  |  | 65,088,874 |  |  | $ | 7.51 |
Essex Portfolio, L.P. |
Net Income Per Share and Net Income Per Unit [Line Items] |
Schedule of Net Income Per Common Share and Net Income Per Unit | Basic and diluted income per unit is calculated as follows for the years ended December 31 ($ in thousands, except unit and per unit amounts):
| 2023 |  | 2022 |  | 2021
| Income |  | Weighted- average Common Units |  | Per Common Unit Amount |  | Income |  | Weighted- average Common Units |  | Per Common Unit Amount |  | Income |  | Weighted- average Common Units |  | Per Common Unit Amount
Basic: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income available to common unitholders | $ | 420,109 |  |  | 66,513,303 |  |  | $ | 6.32 |  |  | $ | 422,612 |  |  | 67,356,105 |  |  | $ | 6.27 |  |  | $ | 505,745 |  |  | 67,340,856 |  |  | $ | 7.51 |
Effect of dilutive securities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Stock options | — |  |  | 1,153 |  |  |  |  | — |  |  | 18,422 |  |  |  |  | — |  |  | 37,409 |  |  |
Diluted: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income available to common unitholders | $ | 420,109 |  |  | 66,514,456 |  |  | $ | 6.32 |  |  | $ | 422,612 |  |  | 67,374,527 |  |  | $ | 6.27 |  |  | $ | 505,745 |  |  | 67,378,265 |  |  | $ | 7.51 |

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- Definition The amount of net income or loss for the period per each share. + References No definition available. + Details
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- 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
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