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Investments in Single-Family Residential Properties (Tables)

3 Months Ended

Mar. 31, 2023

Real Estate [Abstract]

Schedule of Property Carrying Amount

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

						March 31, 2023						December 31, 2022
Land						$	4,789,118					$	4,800,110
Single-family residential property						15,271,234						15,228,631
Capital improvements						548,449						548,700
Equipment						123,595						123,494
Total gross investments in the properties						20,732,396						20,700,935
Less: accumulated depreciation						(3,818,228)						(3,670,561)
Investments in single-family residential properties, net						$	16,914,168					$	17,030,374

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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://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

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- References

No definition available.

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