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Investments in Single-Family Residential Properties (Tables)

3 Months Ended

Mar. 31, 2017

Real Estate [Abstract]

Schedule of Properties Carrying Amount

The following table sets forth the net carrying amount associated with our properties by component:

		March 31, 2017				December 31, 2016
Land		$	2,701,437			$	2,703,388
Single-family residential property		6,818,318				6,829,579
Capital improvements		228,643				229,890
Equipment		31,717				31,988
Total gross investments in the properties		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

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- Definition

Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(13))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

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X

- References

No definition available.

+ Details

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