Essex Property Trust Q2 2024 10-Q Filed
Ticker: ESS · Form: 10-Q · Filed: 2024-07-31T00:00:00.000Z
Sentiment: neutral
Topics: real-estate, REIT, financials, 10-Q
Related Tickers: ESS
TL;DR
**ESSEX PROPERTY TRUST (ESS) Q2 2024 10-Q FILED - CHECK FINANCIALS**
AI Summary
Essex Property Trust, Inc. filed its 10-Q for the period ending June 30, 2024. The filing details the company's financial performance and operations for the second quarter. Key financial data and operational highlights are presented within the report.
Why It Matters
This filing provides investors with a detailed look at Essex Property Trust's financial health and operational status for the second quarter of 2024, influencing investment decisions.
Risk Assessment
Risk Level: medium — As a real estate investment trust, Essex Property Trust is subject to market fluctuations, interest rate changes, and economic conditions that can impact its financial performance.
Key Numbers
- 20240630 — Period End Date (Indicates the end of the reporting period for the 10-Q filing.)
- 20240731 — Filing Date (The date the 10-Q was officially submitted to the SEC.)
Key Players & Entities
- ESSEX PROPERTY TRUST, INC. (company) — Filer
- ESSEX PORTFOLIO LP (company) — Former Company
- 20240630 (date) — Period of Report
- 20240731 (date) — Filing Date
- 6506557800 (phone_number) — Business Phone
FAQ
What is the primary business of Essex Property Trust, Inc.?
Essex Property Trust, Inc. is a Real Estate Investment Trust (REIT) as indicated by its SIC code [6798].
What period does this 10-Q filing cover?
This 10-Q filing covers the period of report ending on June 30, 2024.
When was this 10-Q filing submitted?
This 10-Q filing was submitted on July 31, 2024.
What is the company's principal business address?
The company's business address is 1100 Park Place, Suite 200, San Mateo, CA 94403.
What is the company's fiscal year end?
The company's fiscal year ends on December 31.
From the Filing
0000920522-24-000075.txt : 20240731 0000920522-24-000075.hdr.sgml : 20240731 20240731162737 ACCESSION NUMBER: 0000920522-24-000075 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 77 CONFORMED PERIOD OF REPORT: 20240630 FILED AS OF DATE: 20240731 DATE AS OF CHANGE: 20240731 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ESSEX PROPERTY TRUST, INC. CENTRAL INDEX KEY: 0000920522 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 770369576 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-13106 FILM NUMBER: 241162410 BUSINESS ADDRESS: STREET 1: 1100 PARK PLACE STREET 2: SUITE 200 CITY: SAN MATEO STATE: CA ZIP: 94403 BUSINESS PHONE: 6506557800 MAIL ADDRESS: STREET 1: 1100 PARK PLACE STREET 2: SUITE 200 CITY: SAN MATEO STATE: CA ZIP: 94403 FORMER COMPANY: FORMER CONFORMED NAME: ESSEX PORTFOLIO LP DATE OF NAME CHANGE: 20181211 FORMER COMPANY: FORMER CONFORMED NAME: ESSEX PROPERTY TRUST INC DATE OF NAME CHANGE: 19940318 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ESSEX PORTFOLIO LP CENTRAL INDEX KEY: 0001053059 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 770369575 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 333-44467-01 FILM NUMBER: 241162411 BUSINESS ADDRESS: STREET 1: 777 CALIFORNIA AVE CITY: PALO ALTO STATE: CA ZIP: 94304 BUSINESS PHONE: 4154943700 MAIL ADDRESS: STREET 1: 777 CALIFORNIA AVENUE CITY: PALO ALTO STATE: CA ZIP: 94304 10-Q 1 ess-20240630.htm 10-Q ess-20240630 0000920522 --12-31 2024 Q2 false http://fasb.org/us-gaap/2024#SecuredOvernightFinancingRateSofrMember 6 2 http://fasb.org/us-gaap/2024#SecuredOvernightFinancingRateSofrMember http://fasb.org/us-gaap/2024#SecuredOvernightFinancingRateSofrMember xbrli:shares iso4217:USD iso4217:USD xbrli:shares xbrli:pure ess:community ess:apartment ess:building ess:partnership ess:investment ess:instrument ess:extension_option ess:segment 0000920522 2024-01-01 2024-06-30 0000920522 ess:EssexPortfolioL.P.Member 2024-01-01 2024-06-30 0000920522 2024-07-29 0000920522 2024-06-30 0000920522 2023-12-31 0000920522 us-gaap:RelatedPartyMember 2024-06-30 0000920522 us-gaap:RelatedPartyMember 2023-12-31 0000920522 2024-04-01 2024-06-30 0000920522 2023-04-01 2023-06-30 0000920522 2023-01-01 2023-06-30 0000920522 us-gaap:CommonStockMember 2024-03-31 0000920522 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0000920522 us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember 2024-03-31 0000920522 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-31 0000920522 us-gaap:NoncontrollingInterestMember 2024-03-31 0000920522 2024-03-31 0000920522 us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember 2024-04-01 2024-06-30 0000920522 us-gaap:NoncontrollingInterestMember 2024-04-01 2024-06-30 0000920522 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-04-01 2024-06-30 0000920522 us-gaap:CommonStockMember 2024-04-01 2024-06-30 0000920522 us-gaap:AdditionalPaidInCapitalMember 2024-04-01 2024-06-30 0000920522 us-gaap:CommonStockMember 2024-06-30 0000920522 us-gaap:AdditionalPaidInCapitalMember 2024-06-30 0000920522 us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember 2024-06-30 0000920522 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-06-30 0000920522 us-gaap:NoncontrollingInterestMember 2024-06-30 0000920522 us-gaap:CommonStockMember 2023-12-31 0000920522 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0000920522 us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember 2023-12-31 0000920522 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0000920522 us-gaap:NoncontrollingInterestMember 2023-12-31 0000920522 us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember 2024-01-01 2024-06-30 0000920522 us-gaap:NoncontrollingInterestMember 2024-01-01 2024-06-30 0000920522 us-gaap:Accu