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Other Assets - Narrative (Details)
3 Months Ended 9 Months Ended
Dec. 31, 2019
USD ($)
property
Sep. 30, 2020
USD ($)
property
Sep. 30, 2019
USD ($)
Sep. 30, 2020
USD ($)
property
Sep. 30, 2019
USD ($)
Dec. 31, 2017
USD ($)
Schedule of Investments [Line Items]            
Investments in debt securities, net $ 316,991,000 $ 309,122,000   $ 309,122,000    
Debt Instrument, Unamortized Discount   6,888,000   6,888,000    
Debt Securities, Held-to-maturity, Allowance for Credit Loss   0   0    
Held-to-maturity securities, unrecognized holding gain 0 0   0    
Held-to-maturity securities, unrecognized holding loss 0          
Other than temporary impairment recognized in other comprehensive income 0          
Operating Lease, Variable Lease Income   23,762,000 $ 24,282,000 68,422,000 $ 68,865,000  
Operating Lease, Impairment Loss   1,750,000   1,750,000    
Investments in equity securities 16,650,000 16,734,000   16,734,000    
Equity Securities, FV-NI, Unrealized Gain (Loss)   0 $ (6,480,000) (34,000) $ (6,480,000)  
Debt Issuance Costs, Line of Credit Arrangements, Gross           $ 9,673,000
Debt issuance costs, unamortized balance $ 2,765,000 $ 987,000   $ 987,000    
Joint venture with FNMA | Merger with Starwood Waypoint Homes            
Schedule of Investments [Line Items]            
Interest joint venture   10.00%   10.00%    
Number of real estate properties owned by joint venture | property 641 581   581    
Minimum            
Schedule of Investments [Line Items]            
Lessor leasing arrangements, operating leases, term of contract   12 months   12 months    
Residential Mortgage Backed Securities            
Schedule of Investments [Line Items]            
Investments in debt securities, net   $ 309,122,000   $ 309,122,000    
Residential Mortgage Backed Securities | Minimum            
Schedule of Investments [Line Items]            
Marketable securities, expected maturity term       1 month    
Residential Mortgage Backed Securities | Maximum            
Schedule of Investments [Line Items]            
Marketable securities, expected maturity term       7 years    
Mortgage Loans            
Schedule of Investments [Line Items]            
Debt Instrument, Unamortized Discount   0   $ 0    
IH1 2017-1 | Mortgage Loans            
Schedule of Investments [Line Items]            
Debt Instrument, Unamortized Discount $ 2,641,000 $ 2,377,000   $ 2,377,000