XML 38 R28.htm IDEA: XBRL DOCUMENT v3.23.3
Other Assets (Tables)
 9 Months Ended
Sep. 30, 2023
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Schedule of Other Assets
As of September 30, 2023 and December 31, 2022, the balances in other assets, net are as follows:
September 30,
2023		December 31, 2022
Derivative instruments (Note 8)$134,017 $119,193 
Amounts deposited and held by others (Note 14)95,770 97,709 
Investments in debt securities, net86,617 86,980 
Rent and other receivables, net58,874 54,091 
Investments in equity securities55,136 22,413 
Prepaid expenses43,333 41,972 
Held for sale assets(1)
35,778 29,842 
Corporate fixed assets, net24,460 24,484 
ROU lease assets — operating and finance, net13,723 16,534 
Deferred financing costs, net3,702 5,850 
Other18,624 14,561 
Total$570,034 $513,629 
(1)As of September 30, 2023 and December 31, 2022, 159 and 131 properties, respectively, are classified as held for sale.
Schedule of Future Minimum Lease Payments
Future minimum rental revenues and other property income under leases on our single-family residential properties in place as of September 30, 2023 are as follows:
YearLease Payments
to be Received
Remainder of 2023$526,668 
20241,002,245 
2025135,970 
2026— 
2027— 
Thereafter— 
Total$1,664,883 
Schedule of Investments in Equity Securities As of September 30, 2023 and December 31, 2022, the values of our investments in equity securities are as follows:
September 30,
2023		December 31, 2022
Investments without a readily determinable fair value$54,068 $21,500 
Investments with a readily determinable fair value1,068 913 
Total$55,136 $22,413 
Schedule of Gain (Loss) Equity Securities The components of gains (losses) on investments in equity securities, net as of three and nine months ended September 30, 2023 and 2022 are as follows:
 
For the Three Months
Ended September 30,
For the Nine Months
Ended September 30,
2023202220232022
Net losses recognized on investments sold during the reporting period — with a readily determinable value$— $— $— $(1,452)
Net unrealized gains (losses) on investments still held at the reporting date — with a readily determinable fair value(499)(796)113 (2,548)
Total $(499)$(796)$113 $(4,000)
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 September 30, 2023 and December 31, 2022:
September 30, 2023December 31, 2022
Operating
Leases		Finance
Leases		Operating
Leases		Finance
Leases
Other assets$9,920 $3,803 $12,862 $3,672 
Other liabilities (Note 14)11,828 3,439 14,925 3,483 
Weighted average remaining lease term3.2 years2.4 years3.0 years1.4 years
Weighted average discount rate3.3%4.6%3.3%4.0%