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Noncash transactions
3 Months Ended
Mar. 31, 2014
Noncash transactions  
Noncash transactions

Note 14. Noncash transactions

        On February 28, 2013, our Sponsor contributed 2,770 single-family properties to the Company in exchange for 31,085,974 Series C convertible units in our Operating partnership and 634,408 Class B common shares (see Note 10).