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Tables in the 10-Q of ESSEX PROPERTY TRUST, INC.

42 tables with numbers, filed May 7, 2020. Each one downloads as a CSV for Excel or Google Sheets, with the filing's address in the last row. Only the layout is tidied (a "$" or ")" in a cell of its own is joined to its number); no value is changed. Open the filing on sec.gov ↗

PART I. FINANCIAL INFORMATION	Page No.
Item 1.	Condensed Consolidated Financial Statements of Essex Property Trust, Inc. (Unaudited)
	Condensed Consolidated Balance Sheets as of March 31, 2020 and December 31, 2019	2
	Condensed Consolidated Statements of Income and Comprehensive Income for the three months ended March 31, 2020 and 2019	3
	Condensed Consolidated Statements of Equity for the three months ended March 31, 2020 and 2019	4
	Condensed Consolidated Statements of Cash Flows for the three months ended March 31, 2020 and 2019	6
	Condensed Consolidated Financial Statements of Essex Portfolio, L.P. (Unaudited)
	Condensed Consolidated Balance Sheets as of March 31, 2020 and December 31, 2019	8

ASSETS	March 31, 2020	December 31, 2019
Real estate:
Rental properties:
Land and land improvements	$2,983,314		$2,773,805
Buildings and improvements	12,263,293		11,264,337
	15,246,607		14,038,142
Less: accumulated depreciation	(3,818,489)		(3,689,482)
	11,428,118		10,348,660

	Three Months Ended March 31,
	2020	2019
Revenues:
Rental and other property	$389,750		$353,888
Management and other fees from affiliates	2,617		2,335
	392,367		356,223
Expenses:
Property operating, excluding real estate taxes	64,131		58,622

	Common stock	Additional paid-in capital		Distributionsin excess of accumulated earnings	Accumulatedothercomprehensive loss	Noncontrolling interest		Total
Three Months Ended March 31, 2020	Shares	Amount
Balances at December 31, 2019	66,092		$7		$7,121,927		$(887,619)		$(13,888)	$183,077	$6,403,504
Net income	—		—		—		315,006		—	13,759	328,765
Change in fair value of derivatives and amortization of swap settlements	—		—		—		—		(8,486)	(296)	(8,782)
Change in fair value of marketable debt securities, net	—		—		—		—		(294)	(11)	(305)
Issuance of common stock under:
Stock option and restricted stock plans, net	89		—		8,665		—		—	—	8,665

	General Partner	Limited Partners		Accumulated other comprehensive loss	Noncontrolling interest	Total
	Common Equity	Common Equity
Three months ended March 31, 2020	Units	Amount		Units	Amount
Balances at December 31, 2019	66,092		$6,234,315		2,302		$57,359	$(10,432)	$122,262	$6,403,504
Net income	—		315,006		—		10,986	—	2,773	328,765
Change in fair value of derivatives and amortization of swap settlements	—		—		—		—	(8,782)	—	(8,782)
Change in fair value of marketable debt securities, net	—		—		—		—	(305)	—	(305)
Issuance of common units under:

	March 31, 2020
	AmortizedCost/Cost	GrossUnrealizedGain (Loss)		Carrying Value	Allowance for Credit Losses
Equity securities:
Investment funds - debt securities	$29,685		$(676)		$29,009
Common stock and stock funds	45,395		(4,549)		40,846
Debt securities:
Available for sale
U.S. treasury securities	2,421		16		2,437	—

Balance at December 31, 2019	$—
Impact of adoption ASC 326 (1)	13,644
Provision for credit losses	—
Balance at March 31, 2020	$13,644

	Change in fairvalue and amortizationof swap settlements	Unrealizedgain/(loss) onavailable for sale securities		Total
Balance at December 31, 2019	$(13,989)		$101		$(13,888)
Other comprehensive loss before reclassification	(7,178)		(294)		(7,472)
Amounts reclassified from accumulated other comprehensive loss	(1,308)		—		(1,308)
Other comprehensive loss	(8,486)		(294)		(8,780)
Balance at March 31, 2020	$(22,475)		$(193)		$(22,668)

Balance at December 31, 2019	$37,410
Reclassification due to change in redemption value and other	(4,767)
Redemptions	—
Balance at March 31, 2020	$32,643

	March 31, 2020	December 31, 2019		March 31, 2019	December 31, 2018
Cash and cash equivalents - unrestricted	$271,877		$70,087		$107,034	$134,465
Cash and cash equivalents - restricted	10,470		11,007		17,092	16,930
Total unrestricted and restricted cash and cash equivalents shown in the condensed consolidated statement of cash flows	$282,347		$81,094		$124,126	$151,395

	Three Months Ended March 31,
	2020	2019
Southern California	$155,642		$151,463
Northern California	164,079		136,745
Seattle Metro	63,844		60,413
Other real estate assets (1)	6,185		5,267
Total rental and other property revenues	$389,750		$353,888

	Three Months Ended March 31,
	2020	2019
Same-property (1)	$346,456		$335,658
Acquisitions (2)	21,924		987
Development (3)	4,075		1,158
Redevelopment	5,401		5,229
Non-residential/other, net (4)	11,894		10,856
Total rental and other property revenues	$389,750		$353,888

	Weighted Average Company Ownership Percentage (1)	3/31/2020		12/31/2019
Ownership interest in:
CPPIB (2)	—%		$—			$345,466
Wesco I, Wesco III, Wesco IV, and Wesco V	51%		209,742			216,756
BEXAEW, BEX II, BEX III, and BEX IV	50%		156,869			160,888
Other	48%		21,023			20,351
Total operating and other co-investments, net		387,634			743,461
Total predevelopment and development co-investments	50%		158,145			146,944

	3/31/2020	12/31/2019
Combined balance sheets: (1)
Rental properties and real estate under development	$4,287,101		$4,733,762
Other assets	158,145		139,562
Total assets	$4,445,246		$4,873,324
Debt	$2,522,407		$2,442,213
Other liabilities	181,761		117,160
Equity	1,741,078		2,313,951

	March 31, 2020	December 31, 2019
Note receivable, secured, bearing interest at 9.00%, due May 2021 (Originated May 2017) (1)	$—		$16,828
Note receivable, secured, bearing interest at 9.90%, due November 2021 (Originated November 2018)	13,168		12,838
Related party note receivable, secured, bearing variable rate interest, due February 2020 (Originated November 2019) (2)(3)	—		85,713
Notes and other receivables from affiliates (4)	7,700		4,442
Other receivables	14,065		14,544
Allowance for credit losses	(66)		—
Total notes and other receivables	$34,867		$134,365

	Mezzanine Loans	Bridge Loans		Total
Balance at December 31, 2019	$—		$—		$—
Impact of adoption ASC 326	147		43		190
Provision for credit losses	(81)		(43)		(124)
Balance at March 31, 2020	$66		$—		$66

	March 31, 2020	December 31, 2019		Weighted AverageMaturityIn Years as of March 31, 2020
Unsecured bonds private placement - fixed rate	$199,852		$199,820		1.2
Term loan - variable rate	349,287		349,189		1.9
Bonds public offering - fixed rate	4,709,124		4,214,197		7.7
Unsecured debt, net (1)	5,258,263		4,763,206
Lines of credit (2)	350,000		55,000
Mortgage notes payable, net (3)	887,389		990,667		7.9
Total debt, net	$6,495,652		$5,808,873

Remaining in 2020	$185,493
2021	531,653
2022	693,188
2023	602,945
2024	403,109
Thereafter	3,768,383
Total	$6,184,771

	March 31, 2020	December 31, 2019
Assets:
Southern California	$4,198,656		$4,233,110
Northern California	5,748,062		4,622,268
Seattle Metro	1,469,297		1,481,061
Other real estate assets	12,103		12,221
Net reportable operating segment - real estate assets	11,428,118		10,348,660
Real estate under development	435,865		546,075

	Three Months Ended March 31, 2020	Three Months Ended March 31, 2019
	Income	Weighted-averageCommonShares		PerCommonShareAmount	Income	Weighted-averageCommonShares		PerCommonShareAmount
Basic:
Net income available to common stockholders	$315,006		66,043,831		$4.77		$118,858			65,702,788	$1.81
Effect of Dilutive Securities:
Stock options	—		57,337			—			81,081
DownREIT units	196		94,247			—			—
Diluted:

	As of March 31, 2020		As of March 31, 2019
	Apartment Homes	%			Apartment Homes	%
Southern California	22,675			43%			22,674	46%
Northern California	19,748			37%			16,449	33%
Seattle Metro	10,343			20%			10,238	21%
Total	52,766			100%			49,361	100%

	Number of Apartment	Three Months Ended March 31,		Dollar	Percentage
Property Revenues ($ in thousands)	Homes	2020		2019	Change	Change
Same-Property Revenues:
Southern California	21,354		$147,521		$143,584		$3,937	2.7%
Northern California	15,755		135,704		131,661		4,043	3.1%
Seattle Metro	10,238		63,231		60,413		2,818	4.7%
Total Same-Property Revenues	47,347		346,456		335,658		10,798	3.2%
Non-Same Property Revenues			43,294		18,230		25,064	137.5%

	NotionalAmount	MaturityDate Range		Carrying andEstimatedFair Value		Estimated Carrying Value
			+50		-50
($ in thousands)			Basis Points		Basis Points
Cash flow hedges:
Interest rate swaps	$175,000		2022		$(3,449)		$(1,842)	$(5,095)
Total cash flow hedges	$175,000		2022		$(3,449)		$(1,842)	$(5,095)

For the Years Ended	2020	2021		2022	2023	2024		Thereafter	Total	Fair value
($ in thousands, except for interest rates)
Fixed rate debt	$184,999		530,940		342,408		602,093		402,177		3,516,884	$5,579,501	$5,622,711
Average interest rate	6.4%		4.3%		3.6%		3.7%		4.0%		3.5%	3.8%
Variable rate debt (1)	$494		713		350,780		350,852		932		251,499	$955,270	$949,218
Average interest rate	2.8%		2.8%		2.7%		2.4%		2.8%		2.6%	2.6%

Tables in the 10-Q of ESSEX PROPERTY TRUST, INC.

Table 1 after “TABLE OF CONTENTS”

Table 2 after “(In thousands, except parenthetical and share amounts)”

Table 3 after “(In thousands, except share and per share amounts)”

Table 4 after “(In thousands)”

Table 5 after “Table of Contents”

Table 6 after “(In thousands, except parenthetical amounts)”

Table 7 after “Table of Contents”

Table 8 after “(In thousands, except parenthetical and unit amounts)”

Table 9 after “(In thousands, except unit and per unit amounts)”

Table 10 after “(In thousands)”

Table 11 after “Table of Contents”

Table 12 after “(In thousands, except parenthetical amounts)”

Table 13 after “Table of Contents”

Table 14 after “, marketable securities consist of the following ($ in thousands):”

Table 15 after “(Unaudited)”

Table 16 after “The following table presents the allowance for credit losses rollforward for the mortgage backed security ($ in thousands):”

Table 17 after “($ in thousands):”

Table 18 after “($ in thousands):”

Table 19 after “is as follows ($ in thousands):”

Table 20 after “The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the condensed consolidated bala”

Table 21 after “The following table presents the Company’s revenues disaggregated by revenue source ($ in thousands):”

Table 22 after “The following table presents the Company’s rental and other property revenues disaggregated by geographic operating segment ($ in thousands)”

Table 23 after “The following table presents the Company’s rental and other property revenues disaggregated by current property category status ($ in thousa”

Table 24 after “are as follows ($ in thousands, except parenthetical amounts):”

Table 25 after “The combined summarized financial information of co-investments is as follows ($ in thousands):”

Table 26 after “The combined summarized financial information of co-investments is as follows ($ in thousands):”

Table 27 after “($ in thousands):”

Table 28 after “The following table presents the activity in the allowance for credit losses for notes and other receivables by loan type ($ in thousands):”

Table 29 after “Debt consists of the following ($ in thousands):”

Table 30 after “are as follows ($ in thousands):”

Table 31 after “($ in thousands):”

Table 32 after “($ in thousands):”

Table 33 after “Essex Property Trust, Inc.”

Table 34 after “Essex Portfolio, L.P.”

Table 35 after “The Company’s consolidated apartment communities are as follows:”

Table 36 after “is as follows:”

Table 37 after “The following table provides a breakdown of revenues amounts, including revenues attributable to the Same-Properties:”

Table 38 after “Essex Property Trust, Inc.”

Table 39 after “Net operating income ("NOI") and Same-Property NOI are considered by management to be important supplemental performance measures to earning”

Table 40 after “.”

Table 41 after “The Company’s interest rate risk is monitored using a variety of techniques. The table below presents the principal amounts and weighted ave”

Table 42 after “Item 6: Exhibits”

A. Exhibits
4.1	Indenture, dated February 11, 2020, among Essex Portfolio, L.P., Essex Property Trust, Inc., and U.S. Bank National Association, as trustee, including the form of 2.650% Senior Notes due 2032 and the guarantee thereof, attached as Exhibit 4.1 to the Company's Current Report on Form 8-K, filed February 11, 2020, and incorporated herein by reference.
10.1*	Deferred Compensation Plan for Non-Employee Directors.†
31.1*	Certification of Michael J. Schall, Chief Executive Officer, pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
31.2*	Certification of Angela L. Kleiman, Chief Financial Officer, pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
31.3*	Certification of Michael J. Schall, Principal Executive Officer of General Partner, pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
31.4*	Certification of Angela L. Kleiman, Principal Financial Officer of General Partner, pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
32.1*	Certification of Michael J. Schall, Chief Executive Officer, pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.**