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Investments in Single-Family Residential Properties (Tables)

9 Months Ended

Sep. 30, 2023

Real Estate [Abstract]

Schedule of Property Carrying Amount

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

						September 30, 2023						December 31, 2022
Land						$	4,907,452					$	4,800,110
Single-family residential property						15,915,306						15,228,631
Capital improvements						563,024						548,700
Equipment						126,939						123,494
Total gross investments in the properties						21,512,721						20,700,935
Less: accumulated depreciation						(4,112,685)						(3,670,561)
Investments in single-family residential properties, net						$	17,400,036					$	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
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-SubTopic 10
-Topic 360
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482099/360-10-50-1

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- References

No definition available.

+ Details

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