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Single-family properties (Tables)
 12 Months Ended
Dec. 31, 2013
Real Estate [Abstract]  
Schedule of Single-Family Properties

Single-family properties, net, consists of the following as of December 31, 2013 and 2012 (dollars in thousands):

 

     December 31, 2013  
     Number of
properties		      Net book value  

Leased single-family properties

      17,328       $ 2,914,947   

Single-family properties being renovated

      2,744         393,975   

Vacant single-family properties available for lease

      3,152         545,931   

Single-family properties held for sale

      44         6,569   
  

 

 

     

 

 

  

Total

      23,268       $ 3,861,422   
  

 

 

     

 

 

  
     December 31, 2012  
     Number of
properties		      Net book value  

Leased single-family properties

      1,164       $ 158,068   

Single-family properties being renovated

      1,857         261,136   

Vacant single-family properties available for lease

      623         86,509   
  

 

 

     

 

 

  

Total

      3,644       $ 505,713   
  

 

 

     

 

 
Summary of Future Minimum Rental Revenues
Future minimum rental revenues under leases existing on our properties as of December 31, 2013 are as follows (in thousands):

 

Year    December 31, 2013  

2014

    $ 174,319   

2015

      7,802   

2016

      35   
  

 

 

  

Total

    $ 182,156