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v3.23.1

Investments In Unconsolidated Joint Ventures (Tables) | 3 Months Ended
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Mar. 31, 2023
Equity Method Investments and Joint Ventures [Abstract] |
Schedule of Equity Method Investments | The following table summarizes our investments in unconsolidated joint ventures, which are accounted for using the equity method model of accounting, as of March 31, 2023 and December 31, 2022:
|  |  |  | Number of Properties Owned |  | Carrying Value
|  | Ownership Percentage |  | March 31, 2023 |  | December 31, 2022 |  | March 31, 2023 |  | December 31, 2022
Pathway Property Company(1) |  | 100.0% |  | 353 |  | 340 |  | $ | 129,631 |  |  | $ | 131,542 |
2020 Rockpoint JV(1) |  | 20.0% |  | 2,610 |  | 2,610 |  | 68,070 |  |  | 70,103 |
FNMA(2) |  | 10.0% |  | 475 |  | 488 |  | 42,831 |  |  | 46,151
Pathway Operating Company(3) |  | 15.0% |  | N/A |  | N/A |  | 21,608 |  | 22,011 |
2022 Rockpoint JV(1) |  | 16.7% |  | 132 |  | 132 |  | 10,766 |  |  | 10,764 |
Total |  | $ | 272,906 |  |  | $ | 280,571 |
(1)Owns homes in markets within the Western United States, Southeast United States, Florida, and Texas. (2)Owns homes within the Western United States. (3)Represents an investment in an operating company that provides a technology platform and asset management services.

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- Definition Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571 + Details
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