XML 60 R35.htm IDEA: XBRL DOCUMENT v2.4.1.9

Acquisitions and Dispositions (Tables)

12 Months Ended

Dec. 31, 2014

Schedule of Total Revenues and Net Income Attributable to Acquisitions

        The following table presents the total revenues and net income attributable to the Company's current year acquisitions that were included in our consolidated statement of operations for the year ended December 31, 2014 (in thousands):

		Beazer			Ellington
		Period from July 1, 2014 to December 31, 2014			Period from December 31, 2014 to December 31, 2014
Total revenues		$	10,422		$	—
Net income		$	1,713		$	—

Schedule of Carrying Value and Estimated Fair Value of Company's Class B Interest in RJ LLC

The following table summarizes the carrying value and estimated fair value of the Company's Class B interest in RJ LLC as of June 14, 2013 and the resulting gain on remeasurement of approximately $10.9 million, which has been recognized in the consolidated statements of operations (in thousands):

Fair value of existing Class B interest		$	7,615
Carrying value of Class B interest			(3,330	)
​	​	​	​	​
Gain on remeasurement of equity method investment		$	10,945
​	​	​	​	​
​	​	​	​	​

Schedule of Company's Supplemental Consolidated Unaudited Pro Forma Total Revenues and Net Income

        The following table presents the Company's supplemental consolidated unaudited pro forma total revenues and net income as if the Ellington Portfolio Acquisition, Beazer Rental Homes Acquisition, Management Internalization, Alaska Joint Venture Acquisition, and 2013 RJ Transaction had occurred on January 1, 2013 (in thousands):

		For the Years ended December 31,
		2014			2013
Pro forma total revenues (1)		$	421,033		$	176,340
Pro forma net loss (1)(2)		$	(32,858	)	$	(32,161	)
(1)	This unaudited pro forma supplemental information does not purport to be indicative of what the Company's operating results would have been had the Ellington Acquisition, Beazer Rental Homes Acquisition, Management Internalization, Alaska Joint Venture Acquisition, and 2013 RJ Transaction occurred on January 1, 2013.
(2)	Pro forma net loss represents the combined pro forma net loss of the Advisor and Property Manager, among others, but does not reflect the elimination of historical advisory and property management fees that would not have been paid had the Management Internalization occurred on January 1, 2013.

Ellington portfolio acquisiton

Schedule of Estimated Fair Values of Assets and Liabilities Acquired

        The following table summarizes the preliminary estimated fair values of the assets and liabilities acquired as part of the Ellington Portfolio Acquisition (in thousands):

Land		$	25,615
Buildings and improvements			98,117
In-place leases			2,268
Note payable			(51,644	)
​	​	​	​	​
Estimated fair value of assets and liabilities acquired		$	74,356
​	​	​	​	​
​	​	​	​	​

Beazer Rental Homes

Schedule of Estimated Fair Values of Assets and Liabilities Acquired

        The following table summarizes the preliminary estimated fair values of the assets and liabilities acquired as part of the Beazer Rental Homes Acquisition (in thousands):

Land		$	60,866
Buildings and improvements			193,506
Cash and cash equivalents			2,197
In-place leases			2,655
Other current assets and liabilities, net			(1,785	)
​	​	​	​	​
Estimated fair value of assets and liabilities acquired		$	257,439
​	​	​	​	​
​	​	​	​	​

Management Internalization

Schedule of Estimated Fair Values of Assets and Liabilities Acquired

        The following table summarizes the estimated fair values of the assets acquired as part of the Management Internalization as of the date of acquisition (in thousands):

Buildings and improvements		$	4,214
Identified intangible assets:
Trademark			3,100
Database			2,100
Goodwill			120,655
​	​	​	​	​
Fair value of acquired assets		$	130,069
​	​	​	​	​
​	​	​	​	​

Schedule of Total Revenues and Net Income Attributable to Acquisitions

        The following table presents the total revenues and net income attributable to the Management Internalization, Alaska Joint Venture Acquisition and 2013 RJ Transaction that were included in our consolidated statements of operations from the respective transaction dates through December 31, 2013 (in thousands):

		Management Internalization (1)			Alaska Joint Venture Acquisition			2013 RJ Transaction
		Period from June 10, 2013 to December 31, 2013			Period from June 11, 2013 to December 31, 2013			Period from June 14, 2013 to December 31, 2013
Total revenues		$	1,502		$	38,054		$	2,723
Net (loss) / income		$	(26,179	)	$	2,256		$	52
(1)	Total revenues and net loss attributable to the Management Internalization does not reflect the benefit of eliminating approximately $24.0 million in advisory management and property management fees that would have otherwise been paid to AH LLC after the date of the Management Internalization.

Alaska Joint Venture Acquisition

Schedule of Estimated Fair Values of Assets and Liabilities Acquired

        The following table summarizes the estimated fair values of the assets acquired as part of the Alaska Joint Venture Acquisition as of the date of acquisition (in thousands):

Land		$	156,648
Buildings and improvements			740,396
Receivable for net cash flows prior to acquisition date			1,896
Value of in-place leases			5,547
​	​	​	​	​
Fair value of acquired assets		$	904,487
​	​	​	​	​
​	​	​	​	​

RJ Joint Ventures Acquisition

Schedule of Estimated Fair Values of Assets and Liabilities Acquired

        The following table summarizes the estimated fair values of the net assets of RJ LLC, RJ1 and RJ2 that the Company gained control over on June 14, 2013 and the associated 67% noncontrolling interest held by the RJ1 Investors and RJ2 Investors in RJ1 and RJ2, respectively (in thousands):

Land		$	10,340
Building and improvements			54,123
Value of in-place leases			539
Cash and cash equivalents			1,128
Other current assets and liabilities, net			(311	)
Note payable			(7,600	)
Noncontrolling interest			(39,321	)
​	​	​	​	​
Fair value of acquired net assets		$	18,898
​	​	​	​	​
​	​	​	​	​

X

- Definition

Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 805

-SubTopic 10

-Section 50

-Paragraph 2

-Subparagraph (h)(2)-(3)

-URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1392-128463

+ Details

Name:	us-gaap_BusinessAcquisitionProFormaInformationTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 323

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6382943&loc=d3e33918-111571

+ Details

Name:	us-gaap_EquityMethodInvestmentsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 805

-SubTopic 20

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=39739317&loc=d3e4845-128472

+ Details

Name:	us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners and (d) affiliates.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	us-gaap_BusinessAcquisitionAxis=amh_AlaskaJointVentureAcquisitionMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_BusinessAcquisitionAxis=amh_BeazerPreOwnedRentalHomesIncMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_BusinessAcquisitionAxis=amh_EllingtonPortfolioAcquisitonMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_BusinessAcquisitionAxis=amh_ManagementInternalizationMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_BusinessAcquisitionAxis=amh_RaymondJamesFinancialIncMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: