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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Single-family properties:    
Land $ 1,192,335 $ 1,104,409
Buildings and improvements 5,263,599 4,808,706
Single-family properties held for sale 6,387 3,818
Single-family properties, gross 6,462,321 5,916,933
Less: accumulated depreciation (300,173) (206,262)
Single-family properties, net 6,162,148 5,710,671
Cash and cash equivalents 90,657 108,787
Restricted cash 94,837 77,198
Rent and other receivables, net 12,184 11,009
Escrow deposits, prepaid expenses and other assets 118,516 118,783
Deferred costs and other intangibles, net 62,299 54,582
Asset-backed securitization certificates 25,666 25,666
Goodwill 120,655 120,655
Total assets 6,686,962 6,227,351
Liabilities    
Credit facility 177,000 207,000
Asset-backed securitizations 2,063,663 1,519,390
Secured note payable 51,200 51,644
Accounts payable and accrued expenses 158,037 149,706
Amounts payable to affiliates 1,863  
Contingently convertible Series E units liability 68,076 72,057
Preferred shares derivative liability 57,260 57,960
Total liabilities $ 2,577,099 $ 2,057,757
Commitments and contingencies    
Shareholders' equity:    
Preferred shares, $0.01 par value per share, 100,000,000 shares authorized, 17,060,000 issued and outstanding at June 30, 2015, and December 31, 2014 $ 171 $ 171
Additional paid-in capital 3,619,503 3,618,207
Accumulated deficit (226,797) (170,162)
Accumulated other comprehensive loss (199) (229)
Total shareholders' equity 3,394,792 3,450,101
Noncontrolling interest 715,071 719,493
Total equity 4,109,863 4,169,594
Total liabilities and equity 6,686,962 6,227,351
Class A common shares    
Shareholders' equity:    
Common shares, value 2,108 2,108
Class B common shares    
Shareholders' equity:    
Common shares, value $ 6 $ 6