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Investments in Single-Family Residential Properties (Tables)

3 Months Ended

Mar. 31, 2024

Real Estate [Abstract]

Schedule of Net Carrying Amount of Properties

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

						March 31, 2024						December 31, 2023
Land						$	4,869,884					$	4,881,890
Single-family residential property						16,041,330						15,977,256
Capital improvements						565,847						565,214
Equipment						127,974						127,536
Total gross investments in the properties						21,605,035						21,551,896
Less: accumulated depreciation						(4,418,164)						(4,262,682)
Investments in single-family residential properties, net						$	17,186,871					$	17,289,214

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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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