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v3.24.1.u1

Debt - Debt Summary Footnotes (Details) | 3 Months Ended |
--- | --- | ---
Mar. 31, 2024 USD ($) instrument extension_option | Dec. 31, 2023 USD ($)
Bonds public offering - fixed rate, net |  |
Debt Instrument [Line Items] |  |
Unamortized discount (premium), net | $ 6,600,000 | $ 6,100,000
Unamortized debt issuance expense | 26,800,000 | 25,300,000
Bonds public offering - fixed rate, net | Unsecured debt |  |
Debt Instrument [Line Items] |  |
Debt instrument face amount | $ 350,000,000 |
Bonds public offering - fixed rate, net | Unsecured Bonds 5.500%, Due March 2028 | Essex Portfolio, L.P. |  |
Debt Instrument [Line Items] |  |
Interest rate | 5.50% |
Debt instrument, debt offering price, percentage of par value | 99.752% |
Lines of credit |  |
Debt Instrument [Line Items] |  |
Unamortized debt issuance expense | $ 3,500,000 | 3,800,000
Number of lines of unsecured credit (in instruments) | instrument | 2 |
Aggregate borrowing capacity | $ 1,240,000,000 |
Number of extension options (in extensions) | extension_option | 2 |
Extension period | 6 months |
Lines of credit | Working capital line of credit |  |
Debt Instrument [Line Items] |  |
Aggregate borrowing capacity | $ 35,000,000 |
Lines of credit | SOFR |  |
Debt Instrument [Line Items] |  |
Basis spread on variable rate | 0.75% |
Lines of credit | SOFR | Working capital line of credit |  |
Debt Instrument [Line Items] |  |
Basis spread on variable rate | 0.75% |
Mortgage notes payable, net |  |
Debt Instrument [Line Items] |  |
Unamortized discount (premium), net | $ 300,000 | 500,000
Unamortized debt issuance expense | $ 3,000,000 | $ 3,100,000

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