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Debt - Secured Term Loan Narrative (Details)
$ in Thousands
3 Months Ended
Jun. 07, 2019
Mar. 31, 2024
USD ($)
property
Mar. 31, 2023
USD ($)
Dec. 31, 2023
USD ($)
property
Debt Instrument [Line Items]        
Gross book value   $ 21,605,035   $ 21,551,896
Investments in single-family residential properties, net   17,186,871   $ 17,289,214
Payments on secured term loan   $ 0 $ 234  
Secured Term Loan        
Debt Instrument [Line Items]        
Debt instrument term 12 years      
Fixed interest rate 3.59% 3.59%    
Secured Term Loan | Maximum        
Debt Instrument [Line Items]        
Annual limitation on collateral substitution   20.00%    
Limitation on collateral substitution   100.00%    
Number of special releases allowed after first anniversary   4    
Special release of collateral   15.00%    
Secured Term Loan | Residential Real Estate        
Debt Instrument [Line Items]        
Number of real estate properties | property   3,332   3,332
Gross book value   $ 835,244   $ 828,570
Investments in single-family residential properties, net   $ 674,560   $ 675,075
Secured Term Loan | LIBOR        
Debt Instrument [Line Items]        
Basis spread 1.47%      
Secured Term Loan | Fixed Rate        
Debt Instrument [Line Items]        
Debt instrument term 11 years