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Schedule III - Real Estate and Accumulated Depreciation (Detail) (USD $) | 12 Months Ended |  |  |
--- | --- | --- | --- | ---
Dec. 31, 2013 Property | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | 23,268 |  |  |
Initial Cost to Company, Land | $ 728,362,000 |  |  |
Initial Cost to Company, Buildings and Improvements | 2,818,121,000 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 377,141,000 |  |  |
Total Cost, Land | 728,362,000 |  |  |
Total Cost, Buildings and Improvements | 3,195,262,000 |  |  |
Total | 3,923,624,000 | 507,845,000 | 3,516,000 |
Accumulated Depreciation | (62,202,000) | (2,132,000) | (21,000) |
Net Cost Basis | 3,861,422,000 |  |  |
Albuquerque [Member] |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | 189 |  |  |
Initial Cost to Company, Land | 5,763,000 |  |  |
Initial Cost to Company, Buildings and Improvements | 21,352,000 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 2,077,000 |  |  |
Total Cost, Land | 5,763,000 |  |  |
Total Cost, Buildings and Improvements | 23,429,000 |  |  |
Total | 29,192,000 |  |  |
Accumulated Depreciation | (292,000) |  |  |
Net Cost Basis | 28,900,000 |  |  |
Date of Acquisition | 2013 |  |  |
Antelope Valley [Member] |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | 6 |  |  |
Initial Cost to Company, Land | 212,000 |  |  |
Initial Cost to Company, Buildings and Improvements | 952,000 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 230,000 |  |  |
Total Cost, Land | 212,000 |  |  |
Total Cost, Buildings and Improvements | 1,182,000 |  |  |
Total | 1,394,000 |  |  |
Accumulated Depreciation | (20,000) |  |  |
Net Cost Basis | 1,374,000 |  |  |
Date of Acquisition | 2012 |  |  |
Atlanta [Member] |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | 1,461 |  |  |
Initial Cost to Company, Land | 50,523,000 |  |  |
Initial Cost to Company, Buildings and Improvements | 160,776,000 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 30,233,000 |  |  |
Total Cost, Land | 50,523,000 |  |  |
Total Cost, Buildings and Improvements | 191,009,000 |  |  |
Total | 241,532,000 |  |  |
Accumulated Depreciation | (4,559,000) |  |  |
Net Cost Basis | 236,973,000 |  |  |
Date of Acquisition | 2012-2013 |  |  |
Augusta [Member] |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | 113 |  |  |
Initial Cost to Company, Land | 3,209,000 |  |  |
Initial Cost to Company, Buildings and Improvements | 12,311,000 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 1,472,000 |  |  |
Total Cost, Land | 3,209,000 |  |  |
Total Cost, Buildings and Improvements | 13,783,000 |  |  |
Total | 16,992,000 |  |  |
Accumulated Depreciation | (109,000) |  |  |
Net Cost Basis | 16,883,000 |  |  |
Date of Acquisition | 2013 |  |  |
Austin [Member] |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | 408 |  |  |
Initial Cost to Company, Land | 9,567,000 |  |  |
Initial Cost to Company, Buildings and Improvements | 42,498,000 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 5,763,000 |  |  |
Total Cost, Land | 9,567,000 |  |  |
Total Cost, Buildings and Improvements | 48,261,000 |  |  |
Total | 57,828,000 |  |  |
Accumulated Depreciation | (775,000) |  |  |
Net Cost Basis | 57,053,000 |  |  |
Date of Acquisition | 2012-2013 |  |  |
Bay Area [Member] |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | 77 |  |  |
Initial Cost to Company, Land | 5,410,000 |  |  |
Initial Cost to Company, Buildings and Improvements | 16,193,000 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 1,133,000 |  |  |
Total Cost, Land | 5,410,000 |  |  |
Total Cost, Buildings and Improvements | 17,326,000 |  |  |
Total | 22,736,000 |  |  |
Accumulated Depreciation | (370,000) |  |  |
Net Cost Basis | 22,366,000 |  |  |
Date of Acquisition | 2012-2013 |  |  |
Boise [Member] |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | 179 |  |  |
Initial Cost to Company, Land | 5,233,000 |  |  |
Initial Cost to Company, Buildings and Improvements | 18,990,000 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 1,678,000 |  |  |
Total Cost, Land | 5,233,000 |  |  |
Total Cost, Buildings and Improvements | 20,668,000 |  |  |
Total | 25,901,000 |  |  |
Accumulated Depreciation | (321,000) |  |  |
Net Cost Basis | 25,580,000 |  |  |
Date of Acquisition | 2013 |  |  |
Central Valley [Member] |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | 174 |  |  |
Initial Cost to Company, Land | 6,786,000 |  |  |
Initial Cost to Company, Buildings and Improvements | 22,149,000 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 2,199,000 |  |  |
Total Cost, Land | 6,786,000 |  |  |
Total Cost, Buildings and Improvements | 24,348,000 |  |  |
Total | 31,134,000 |  |  |
Accumulated Depreciation | (640,000) |  |  |
Net Cost Basis | 30,494,000 |  |  |
Date of Acquisition | 2012-2013 |  |  |
Charleston [Member] |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | 345 |  |  |
Initial Cost to Company, Land | 12,617,000 |  |  |
Initial Cost to Company, Buildings and Improvements | 43,892,000 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 4,702,000 |  |  |
Total Cost, Land | 12,617,000 |  |  |
Total Cost, Buildings and Improvements | 48,594,000 |  |  |
Total | 61,211,000 |  |  |
Accumulated Depreciation | (617,000) |  |  |
Net Cost Basis | 60,594,000 |  |  |
Date of Acquisition | 2012-2013 |  |  |
Charlotte [Member] |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | 1,058 |  |  |
Initial Cost to Company, Land | 34,883,000 |  |  |
Initial Cost to Company, Buildings and Improvements | 131,959,000 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 13,655,000 |  |  |
Total Cost, Land | 34,883,000 |  |  |
Total Cost, Buildings and Improvements | 145,614,000 |  |  |
Total | 180,497,000 |  |  |
Accumulated Depreciation | (2,697,000) |  |  |
Net Cost Basis | 177,800,000 |  |  |
Date of Acquisition | 2012-2013 |  |  |
Chicago [Member] |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | 1,519 |  |  |
Initial Cost to Company, Land | 41,146,000 |  |  |
Initial Cost to Company, Buildings and Improvements | 166,935,000 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 25,226,000 |  |  |
Total Cost, Land | 41,146,000 |  |  |
Total Cost, Buildings and Improvements | 192,161,000 |  |  |
Total | 233,307,000 |  |  |
Accumulated Depreciation | (2,924,000) |  |  |
Net Cost Basis | 230,383,000 |  |  |
Date of Acquisition | 2012-2013 |  |  |
Cincinnati [Member] |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | 1,244 |  |  |
Initial Cost to Company, Land | 40,095,000 |  |  |
Initial Cost to Company, Buildings and Improvements | 151,565,000 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 18,470,000 |  |  |
Total Cost, Land | 40,095,000 |  |  |
Total Cost, Buildings and Improvements | 170,035,000 |  |  |
Total | 210,130,000 |  |  |
Accumulated Depreciation | (2,707,000) |  |  |
Net Cost Basis | 207,423,000 |  |  |
Date of Acquisition | 2012-2013 |  |  |
Colorado Springs [Member] |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | 21 |  |  |
Initial Cost to Company, Land | 869,000 |  |  |
Initial Cost to Company, Buildings and Improvements | 2,802,000 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 539,000 |  |  |
Total Cost, Land | 869,000 |  |  |
Total Cost, Buildings and Improvements | 3,341,000 |  |  |
Total | 4,210,000 |  |  |
Accumulated Depreciation | (42,000) |  |  |
Net Cost Basis | 4,168,000 |  |  |
Date of Acquisition | 2013 |  |  |
Columbia [Member] |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | 217 |  |  |
Initial Cost to Company, Land | 5,013,000 |  |  |
Initial Cost to Company, Buildings and Improvements | 25,301,000 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 2,355,000 |  |  |
Total Cost, Land | 5,013,000 |  |  |
Total Cost, Buildings and Improvements | 27,656,000 |  |  |
Total | 32,669,000 |  |  |
Accumulated Depreciation | (231,000) |  |  |
Net Cost Basis | 32,438,000 |  |  |
Date of Acquisition | 2013 |  |  |
Columbus [Member] |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | 725 |  |  |
Initial Cost to Company, Land | 18,255,000 |  |  |
Initial Cost to Company, Buildings and Improvements | 75,348,000 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 11,504,000 |  |  |
Total Cost, Land | 18,255,000 |  |  |
Total Cost, Buildings and Improvements | 86,852,000 |  |  |
Total | 105,107,000 |  |  |
Accumulated Depreciation | (1,272,000) |  |  |
Net Cost Basis | 103,835,000 |  |  |
Date of Acquisition | 2012-2013 |  |  |
Dallas-Fort Worth [Member] |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | 2,085 |  |  |
Initial Cost to Company, Land | 57,649,000 |  |  |
Initial Cost to Company, Buildings and Improvements | 234,864,000 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 36,617,000 |  |  |
Total Cost, Land | 57,649,000 |  |  |
Total Cost, Buildings and Improvements | 271,481,000 |  |  |
Total | 329,130,000 |  |  |
Accumulated Depreciation | (4,705,000) |  |  |
Net Cost Basis | 324,425,000 |  |  |
Date of Acquisition | 2012-2013 |  |  |
Denver [Member] |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | 264 |  |  |
Initial Cost to Company, Land | 12,273,000 |  |  |
Initial Cost to Company, Buildings and Improvements | 43,965,000 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 5,906,000 |  |  |
Total Cost, Land | 12,273,000 |  |  |
Total Cost, Buildings and Improvements | 49,871,000 |  |  |
Total | 62,144,000 |  |  |
Accumulated Depreciation | (947,000) |  |  |
Net Cost Basis | 61,197,000 |  |  |
Date of Acquisition | 2012-2013 |  |  |
Fort Myers [Member] |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | 60 |  |  |
Initial Cost to Company, Land | 1,639,000 |  |  |
Initial Cost to Company, Buildings and Improvements | 8,889,000 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 801,000 |  |  |
Total Cost, Land | 1,639,000 |  |  |
Total Cost, Buildings and Improvements | 9,690,000 |  |  |
Total | 11,329,000 |  |  |
Accumulated Depreciation | (196,000) |  |  |
Net Cost Basis | 11,133,000 |  |  |
Date of Acquisition | 2012-2013 |  |  |
Greensboro [Member] |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | 356 |  |  |
Initial Cost to Company, Land | 10,710,000 |  |  |
Initial Cost to Company, Buildings and Improvements | 45,731,000 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 3,980,000 |  |  |
Total Cost, Land | 10,710,000 |  |  |
Total Cost, Buildings and Improvements | 49,711,000 |  |  |
Total | 60,421,000 |  |  |
Accumulated Depreciation | (665,000) |  |  |
Net Cost Basis | 59,756,000 |  |  |
Date of Acquisition | 2013 |  |  |
Greenville [Member] |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | 380 |  |  |
Initial Cost to Company, Land | 9,576,000 |  |  |
Initial Cost to Company, Buildings and Improvements | 49,740,000 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 4,437,000 |  |  |
Total Cost, Land | 9,576,000 |  |  |
Total Cost, Buildings and Improvements | 54,177,000 |  |  |
Total | 63,753,000 |  |  |
Accumulated Depreciation | (728,000) |  |  |
Net Cost Basis | 63,025,000 |  |  |
Date of Acquisition | 2013 |  |  |
Hilton Head/Beaufort [Member] |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | 61 |  |  |
Initial Cost to Company, Land | 2,389,000 |  |  |
Initial Cost to Company, Buildings and Improvements | 7,153,000 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 479,000 |  |  |
Total Cost, Land | 2,389,000 |  |  |
Total Cost, Buildings and Improvements | 7,632,000 |  |  |
Total | 10,021,000 |  |  |
Accumulated Depreciation | (23,000) |  |  |
Net Cost Basis | 9,998,000 |  |  |
Date of Acquisition | 2013 |  |  |
Houston [Member] |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | 1,223 |  |  |
Initial Cost to Company, Land | 34,806,000 |  |  |
Initial Cost to Company, Buildings and Improvements | 153,593,000 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 24,870,000 |  |  |
Total Cost, Land | 34,806,000 |  |  |
Total Cost, Buildings and Improvements | 178,463,000 |  |  |
Total | 213,269,000 |  |  |
Accumulated Depreciation | (2,815,000) |  |  |
Net Cost Basis | 210,454,000 |  |  |
Date of Acquisition | 2012-2013 |  |  |
Indianapolis [Member] |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | 2,021 |  |  |
Initial Cost to Company, Land | 55,289,000 |  |  |
Initial Cost to Company, Buildings and Improvements | 212,430,000 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 29,258,000 |  |  |
Total Cost, Land | 55,289,000 |  |  |
Total Cost, Buildings and Improvements | 241,688,000 |  |  |
Total | 296,977,000 |  |  |
Accumulated Depreciation | (4,438,000) |  |  |
Net Cost Basis | 292,539,000 |  |  |
Date of Acquisition | 2012-2013 |  |  |
Inland Empire [Member] |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | 2 |  |  |
Initial Cost to Company, Land | 68,000 |  |  |
Initial Cost to Company, Buildings and Improvements | 309,000 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 69,000 |  |  |
Total Cost, Land | 68,000 |  |  |
Total Cost, Buildings and Improvements | 378,000 |  |  |
Total | 446,000 |  |  |
Accumulated Depreciation | (7,000) |  |  |
Net Cost Basis | 439,000 |  |  |
Date of Acquisition | 2012 |  |  |
Jacksonville [Member] |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | 974 |  |  |
Initial Cost to Company, Land | 25,994,000 |  |  |
Initial Cost to Company, Buildings and Improvements | 102,356,000 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 14,878,000 |  |  |
Total Cost, Land | 25,994,000 |  |  |
Total Cost, Buildings and Improvements | 117,234,000 |  |  |
Total | 143,228,000 |  |  |
Accumulated Depreciation | (2,589,000) |  |  |
Net Cost Basis | 140,639,000 |  |  |
Date of Acquisition | 2012-2013 |  |  |
Knoxville [Member] |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | 234 |  |  |
Initial Cost to Company, Land | 7,470,000 |  |  |
Initial Cost to Company, Buildings and Improvements | 36,217,000 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 2,626,000 |  |  |
Total Cost, Land | 7,470,000 |  |  |
Total Cost, Buildings and Improvements | 38,843,000 |  |  |
Total | 46,313,000 |  |  |
Accumulated Depreciation | (512,000) |  |  |
Net Cost Basis | 45,801,000 |  |  |
Date of Acquisition | 2013 |  |  |
Las Vegas [Member] |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | 713 |  |  |
Initial Cost to Company, Land | 19,425,000 |  |  |
Initial Cost to Company, Buildings and Improvements | 88,495,000 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 15,049,000 |  |  |
Total Cost, Land | 19,425,000 |  |  |
Total Cost, Buildings and Improvements | 103,544,000 |  |  |
Total | 122,969,000 |  |  |
Accumulated Depreciation | (3,149,000) |  |  |
Net Cost Basis | 119,820,000 |  |  |
Date of Acquisition | 2011-2013 |  |  |
Memphis [Member] |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | 139 |  |  |
Initial Cost to Company, Land | 4,722,000 |  |  |
Initial Cost to Company, Buildings and Improvements | 15,431,000 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 1,260,000 |  |  |
Total Cost, Land | 4,722,000 |  |  |
Total Cost, Buildings and Improvements | 16,691,000 |  |  |
Total | 21,413,000 |  |  |
Accumulated Depreciation | (72,000) |  |  |
Net Cost Basis | 21,341,000 |  |  |
Date of Acquisition | 2013 |  |  |
Miami [Member] |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | 248 |  |  |
Initial Cost to Company, Land | 7,381,000 |  |  |
Initial Cost to Company, Buildings and Improvements | 37,820,000 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 5,696,000 |  |  |
Total Cost, Land | 7,381,000 |  |  |
Total Cost, Buildings and Improvements | 43,516,000 |  |  |
Total | 50,897,000 |  |  |
Accumulated Depreciation | (907,000) |  |  |
Net Cost Basis | 49,990,000 |  |  |
Date of Acquisition | 2012-2013 |  |  |
Milwaukee [Member] |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | 127 |  |  |
Initial Cost to Company, Land | 7,466,000 |  |  |
Initial Cost to Company, Buildings and Improvements | 22,253,000 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 1,994,000 |  |  |
Total Cost, Land | 7,466,000 |  |  |
Total Cost, Buildings and Improvements | 24,247,000 |  |  |
Total | 31,713,000 |  |  |
Accumulated Depreciation | (552,000) |  |  |
Net Cost Basis | 31,161,000 |  |  |
Date of Acquisition | 2013 |  |  |
Nashville [Member] |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | 994 |  |  |
Initial Cost to Company, Land | 36,408,000 |  |  |
Initial Cost to Company, Buildings and Improvements | 150,345,000 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 16,201,000 |  |  |
Total Cost, Land | 36,408,000 |  |  |
Total Cost, Buildings and Improvements | 166,546,000 |  |  |
Total | 202,954,000 |  |  |
Accumulated Depreciation | (3,716,000) |  |  |
Net Cost Basis | 199,238,000 |  |  |
Date of Acquisition | 2012-2013 |  |  |
Oklahoma City [Member] |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | 90 |  |  |
Initial Cost to Company, Land | 2,539,000 |  |  |
Initial Cost to Company, Buildings and Improvements | 11,550,000 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 756,000 |  |  |
Total Cost, Land | 2,539,000 |  |  |
Total Cost, Buildings and Improvements | 12,306,000 |  |  |
Total | 14,845,000 |  |  |
Accumulated Depreciation | (106,000) |  |  |
Net Cost Basis | 14,739,000 |  |  |
Date of Acquisition | 2013 |  |  |
Orlando [Member] |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | 613 |  |  |
Initial Cost to Company, Land | 17,119,000 |  |  |
Initial Cost to Company, Buildings and Improvements | 73,588,000 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 11,172,000 |  |  |
Total Cost, Land | 17,119,000 |  |  |
Total Cost, Buildings and Improvements | 84,760,000 |  |  |
Total | 101,879,000 |  |  |
Accumulated Depreciation | (2,087,000) |  |  |
Net Cost Basis | 99,792,000 |  |  |
Date of Acquisition | 2012-2013 |  |  |
Phoenix [Member] |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | 962 |  |  |
Initial Cost to Company, Land | 22,327,000 |  |  |
Initial Cost to Company, Buildings and Improvements | 107,771,000 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 16,979,000 |  |  |
Total Cost, Land | 22,327,000 |  |  |
Total Cost, Buildings and Improvements | 124,750,000 |  |  |
Total | 147,077,000 |  |  |
Accumulated Depreciation | (3,916,000) |  |  |
Net Cost Basis | 143,161,000 |  |  |
Date of Acquisition | 2011-2013 |  |  |
Portland [Member] |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | 205 |  |  |
Initial Cost to Company, Land | 14,284,000 |  |  |
Initial Cost to Company, Buildings and Improvements | 23,792,000 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 1,474,000 |  |  |
Total Cost, Land | 14,284,000 |  |  |
Total Cost, Buildings and Improvements | 25,266,000 |  |  |
Total | 39,550,000 |  |  |
Accumulated Depreciation | (450,000) |  |  |
Net Cost Basis | 39,100,000 |  |  |
Date of Acquisition | 2013 |  |  |
Raleigh [Member] |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | 815 |  |  |
Initial Cost to Company, Land | 28,832,000 |  |  |
Initial Cost to Company, Buildings and Improvements | 107,722,000 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 10,111,000 |  |  |
Total Cost, Land | 28,832,000 |  |  |
Total Cost, Buildings and Improvements | 117,833,000 |  |  |
Total | 146,665,000 |  |  |
Accumulated Depreciation | (1,965,000) |  |  |
Net Cost Basis | 144,700,000 |  |  |
Date of Acquisition | 2012-2013 |  |  |
Salt Lake City [Member] |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | 727 |  |  |
Initial Cost to Company, Land | 39,259,000 |  |  |
Initial Cost to Company, Buildings and Improvements | 104,857,000 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 14,774,000 |  |  |
Total Cost, Land | 39,259,000 |  |  |
Total Cost, Buildings and Improvements | 119,631,000 |  |  |
Total | 158,890,000 |  |  |
Accumulated Depreciation | (2,333,000) |  |  |
Net Cost Basis | 156,557,000 |  |  |
Date of Acquisition | 2012-2013 |  |  |
San Antonio [Member] |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | 337 |  |  |
Initial Cost to Company, Land | 8,543,000 |  |  |
Initial Cost to Company, Buildings and Improvements | 35,607,000 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 5,424,000 |  |  |
Total Cost, Land | 8,543,000 |  |  |
Total Cost, Buildings and Improvements | 41,031,000 |  |  |
Total | 49,574,000 |  |  |
Accumulated Depreciation | (798,000) |  |  |
Net Cost Basis | 48,776,000 |  |  |
Date of Acquisition | 2012-2013 |  |  |
San Diego [Member] |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | 3 |  |  |
Initial Cost to Company, Land | 107,000 |  |  |
Initial Cost to Company, Buildings and Improvements | 404,000 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 109,000 |  |  |
Total Cost, Land | 107,000 |  |  |
Total Cost, Buildings and Improvements | 513,000 |  |  |
Total | 620,000 |  |  |
Accumulated Depreciation | (14,000) |  |  |
Net Cost Basis | 606,000 |  |  |
Date of Acquisition | 2012 |  |  |
Savannah [Member] |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | 111 |  |  |
Initial Cost to Company, Land | 3,070,000 |  |  |
Initial Cost to Company, Buildings and Improvements | 12,235,000 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 845,000 |  |  |
Total Cost, Land | 3,070,000 |  |  |
Total Cost, Buildings and Improvements | 13,080,000 |  |  |
Total | 16,150,000 |  |  |
Accumulated Depreciation | (63,000) |  |  |
Net Cost Basis | 16,087,000 |  |  |
Date of Acquisition | 2013 |  |  |
Seattle [Member] |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | 242 |  |  |
Initial Cost to Company, Land | 11,818,000 |  |  |
Initial Cost to Company, Buildings and Improvements | 34,555,000 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 3,674,000 |  |  |
Total Cost, Land | 11,818,000 |  |  |
Total Cost, Buildings and Improvements | 38,229,000 |  |  |
Total | 50,047,000 |  |  |
Accumulated Depreciation | (505,000) |  |  |
Net Cost Basis | 49,542,000 |  |  |
Date of Acquisition | 2012-2013 |  |  |
Tampa [Member] |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | 818 |  |  |
Initial Cost to Company, Land | 29,735,000 |  |  |
Initial Cost to Company, Buildings and Improvements | 113,836,000 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 16,606,000 |  |  |
Total Cost, Land | 29,735,000 |  |  |
Total Cost, Buildings and Improvements | 130,442,000 |  |  |
Total | 160,177,000 |  |  |
Accumulated Depreciation | (3,204,000) |  |  |
Net Cost Basis | 156,973,000 |  |  |
Date of Acquisition | 2012-2013 |  |  |
Tucson [Member] |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | 376 |  |  |
Initial Cost to Company, Land | 7,278,000 |  |  |
Initial Cost to Company, Buildings and Improvements | 36,588,000 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 6,236,000 |  |  |
Total Cost, Land | 7,278,000 |  |  |
Total Cost, Buildings and Improvements | 42,824,000 |  |  |
Total | 50,102,000 |  |  |
Accumulated Depreciation | (1,226,000) |  |  |
Net Cost Basis | 48,876,000 |  |  |
Date of Acquisition | 2011-2013 |  |  |
Winston Salem [Member] |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | 352 |  |  |
Initial Cost to Company, Land | 10,496,000 |  |  |
Initial Cost to Company, Buildings and Improvements | 42,533,000 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 3,624,000 |  |  |
Total Cost, Land | 10,496,000 |  |  |
Total Cost, Buildings and Improvements | 46,157,000 |  |  |
Total | 56,653,000 |  |  |
Accumulated Depreciation | (633,000) |  |  |
Net Cost Basis | 56,020,000 |  |  |
Date of Acquisition | 2013 |  |  |
Corporate Overhead [Member] |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Initial Cost to Company, Land | 109,000 |  |  |
Initial Cost to Company, Buildings and Improvements | 10,469,000 |  |  |
Total Cost, Land | 109,000 |  |  |
Total Cost, Buildings and Improvements | 10,469,000 |  |  |
Total | 10,578,000 |  |  |
Accumulated Depreciation | (1,305,000) |  |  |
Net Cost Basis | $ 9,275,000 |  |  |

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