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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