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Contributions by our Sponsor (Tables) (Sponsor [Member]) | 12 Months Ended
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Dec. 31, 2013
Sponsor [Member] |
Summary of Net Assets and Historical Net Loss of Single-Family Properties Acquired by Sponsor | The following table summarizes the net assets and historical net loss of the 2,770 single-family properties based on the dates such properties were acquired by our Sponsor through the date of the 2,770 Property Contribution (in thousands, except number of properties):
|  | Period from June 23, 2011 to December 31, 2012 |  |  | Period from January 1, 2013 to February 28, 2013 |  |  | Total as of February 28, 2013 (transaction date) |
Number of properties |  |  | 2,661 |  |  |  | 109 |  |  |  | 2,770 |
Single family properties |  | $ | 365,937 |  |  | $ | 20,563 |  |  | $ | 386,500 |
Other assets |  |  | 7,203 |  |  |  | (2,086 | ) |  |  | 5,117 |
Other liabilities |  |  | (8,183 | ) |  |  | 558 |  |  |  | (7,625 | )
Net assets contributed |  | $ | 364,957 |  |  | $ | 19,035 |  |  | $ | 383,992 |
Rents from single family properties |  | $ | 4,413 |  |  | $ | 3,720 |  |  | $ | 8,133 |
Property operating expenses |  |  | (3,326 | ) |  |  | (1,920 | ) |  |  | (5,246 | )
Depreciation |  |  | (2,021 | ) |  |  | (1,324 | ) |  |  | (3,345 | )
Allocated general and administrative expenses |  |  | (6,996 | ) |  |  | (993 | ) |  |  | (7,989 | )
Net loss |  | $ | (7,930 | ) |  | $ | (517 | ) |  | $ | (8,447 | )
Contributed net assets and net loss |  | $ | 372,887 |  |  | $ | 19,552 |  |  | $ | 392,439 |

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- Definition Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1392-128463 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1486-128463 + Details
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