XML 43 R30.htm IDEA: XBRL DOCUMENT v3.22.4
Other Assets (Tables)
12 Months Ended
Dec. 31, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Schedule of Other Assets
As of December 31, 2022 and 2021, the balances in other assets, net are as follows:
December 31,
2022
December 31, 2021
Derivative instruments (Note 8)$119,193 $
Amounts deposited and held by others (Note 14)97,709 62,241 
Investments in debt securities, net86,980 157,173 
Rent and other receivables, net54,091 37,473 
Prepaid expenses41,972 41,490 
Held for sale assets(1)
29,842 20,022 
Corporate fixed assets, net24,484 16,595 
Investments in equity securities22,413 16,337 
ROU lease assets — operating and finance, net16,534 16,975 
Deferred financing costs, net5,850 8,751 
Other14,561 18,001 
Total$513,629 $395,064 
(1)As of December 31, 2022 and 2021, 131 and 80 properties, respectively, are classified as held for sale.
Future Minimum Lease Payments
Future minimum rental revenues and other property income under leases on our single-family residential properties in place as of December 31, 2022 are as follows:
YearLease Payments
to be Received
2023$1,278,193 
2024198,155 
2025— 
2026— 
2027— 
Thereafter— 
Total$1,476,348 
Investments in Equity Securities As of December 31, 2022 and 2021, the values of our investments in equity securities are as follows:
December 31,
2022
December 31, 2021
Investments without a readily determinable fair value$21,500 $5,838 
Investments with a readily determinable fair value913 10,499 
Total$22,413 $16,337 
Schedule of Gain (Loss) Equity Securities
The components of gains (losses) on investments in equity securities, net as of years ended December 31, 2022, 2021, and 2020 are as follows:
For the Years Ended December 31,
202220212020
Net losses recognized on investments sold during the reporting period — with a readily determinable value$(1,452)$(5,483)$— 
Net unrealized gains (losses) on investments still held at the reporting date — with a readily determinable fair value(2,487)(3,937)29,689 
Unrealized gains on investments still held at the reporting date — without a readily determinable fair value— — 34 
Total $(3,939)$(9,420)$29,723 
Schedule of Supplemental Information Related to Leases
The following table presents supplemental information related to leases into which we have entered as a lessee as of December 31, 2022 and 2021:
December 31, 2022December 31, 2021
Operating
Leases
Finance
Leases
Operating
Leases
Finance
Leases
Other assets$12,862 $3,672 $10,959 $6,016 
Other liabilities (Note 14)14,925 3,483 13,256 5,784 
Weighted average remaining lease term3.0 years1.4 years3.7 years2.2 years
Weighted average discount rate3.3 %4.0 %3.2 %4.0 %