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v3.23.1

Debt - Secured Term Loan Narrative (Details) |  | 3 Months Ended |
--- | --- | --- | ---
Jun. 07, 2019 | Mar. 31, 2023 USD ($) property | Mar. 31, 2022 USD ($) | Dec. 31, 2022 USD ($) property
Debt Instrument [Line Items] |  |  |  |
Gross book value |  | $ 20,732,396,000 |  | $ 20,700,935,000
Investments in single-family residential properties, net |  | 16,914,168,000 |  | $ 17,030,374,000
Prepayments of secured term loan |  | $ 234,000 | $ 0 |
Secured Term Loan |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Debt instrument term | 12 years |  |  |
Fixed interest rate | 3.59% | 3.59% |  |
Secured Term Loan | London Interbank Offered Rate (LIBOR) |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Basis spread | 1.47% |  |  |
Secured Term Loan | Maximum |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Annual limitation on collateral substitution |  | 20.00% |  |
Limitation on collateral substitution |  | 100.00% |  |
Number of special releases allowed after first anniversary |  | 4 |  |
Special release of collateral |  | 15.00% |  |
Residential Real Estate | Secured Term Loan |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Number of real estate properties | property |  | 3,332 |  | 3,334
Gross book value |  | $ 815,998,000 |  | $ 813,543,000
Investments in single-family residential properties, net |  | $ 684,169,000 |  | $ 688,625,000
Fixed Rate | Secured Term Loan |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Debt instrument term | 11 years |  |  |

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- Definition Contractual interest rate for funds borrowed, under the debt agreement. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1B -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
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- Definition Period of time between issuance and maturity of debt instrument, in PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. + References No definition available. + Details
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