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Investments in Single-Family Residential Properties - Schedule of Net Carrying Amount of Properties (Details) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Real Estate [Abstract]    
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