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Noncash transactions	9 Months Ended
	Sep. 30, 2014
Noncash transactions
Noncash transactions	Note 14. Noncash transactions         On February 28, 2013, the 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).

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The entire disclosure for exchanges with other entities that involve principally nonmonetary assets or liabilities or relate to a transfer of nonmonetary assets for which the entity receives no assets in return.

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