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v3.24.2

Debt - Debt Summary Footnotes (Details) | 1 Months Ended | 6 Months Ended |  |
--- | --- | --- | --- | ---
May 31, 2024 USD ($) | Jun. 30, 2024 USD ($) extension_option instrument | Mar. 31, 2024 USD ($) | Dec. 31, 2023 USD ($)
Lines of credit |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Aggregate borrowing capacity |  | $ 75,000,000 |  |
Bonds public offering - fixed rate, net |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Unamortized discount (premium), net |  | 6,200,000 |  | $ 6,100,000
Unamortized debt issuance expense |  | 25,900,000 |  | 25,300,000
Bonds public offering - fixed rate, net | Unsecured Bonds 5.500%, Due March 2028 | Essex Portfolio, L.P. |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Debt instrument face amount |  |  | $ 350,000,000 |
Interest rate |  |  | 5.50% |
Debt instrument, debt offering price, percentage of principal |  |  | 99.752% |
Senior Notes |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Debt instrument, repaid, principal | $ 400,000,000 |  |  |
Lines of credit |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Unamortized debt issuance expense |  | $ 3,200,000 |  | 3,800,000
Number of lines of unsecured credit (in instruments) | instrument |  | 2 |  |
Aggregate borrowing capacity |  | $ 1,240,000,000 |  |
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration] |  | Secured Overnight Financing Rate (SOFR) [Member] |  |
Basis spread on variable rate |  | 0.765% |  |
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 |  | $ 35,000,000.0 |  |
Basis spread on variable rate |  | 0.765% |  |
Mortgage notes payable, net |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Unamortized discount (premium), net |  | $ 100,000 |  | 500,000
Unamortized debt issuance expense |  | $ 2,800,000 |  | $ 3,100,000

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