XML 13 R2.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Investments in single-family residential properties:    
Land $ 2,701,437 $ 2,703,388
Building and improvements 7,078,678 7,091,457
Investments in single-family residential properties, net 9,780,115 9,794,845
Less: accumulated depreciation (853,399) (792,330)
Investments in single-family residential properties, net 8,926,716 9,002,515
Cash and cash equivalents 192,450 198,119
Restricted cash 144,169 222,092
Other assets, net 324,826 309,625
Total assets 9,588,161 9,732,351
Liabilities:    
Mortgage loans, net 4,228,525 5,254,738
Term loan facility, net 1,485,866 0
Credit facilities, net 0 2,315,541
Accounts payable and accrued expenses 101,347 88,052
Resident security deposits 87,792 86,513
Other liabilities 26,589 30,084
Total liabilities 5,930,119 7,774,928
Equity:    
Preferred stock, $0.01 par value per share, 900,000,000 shares authorized, none outstanding at March 31, 2017 0  
Common stock, $0.01 par value per share, 9,000,000,000 shares authorized, 310,376,634 outstanding at March 31, 2017 3,104  
Additional paid-in capital 3,667,178  
Accumulated deficit (25,512)  
Accumulated other comprehensive income 13,272  
Additional paid-in capital 3,658,042 1,957,423
Total shareholders' equity $ 9,588,161 $ 9,732,351