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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenues:        
Rents from single-family properties $ 148,815 $ 104,210 $ 407,313 $ 266,842
Fees from single-family properties 2,146 1,529 5,681 4,776
Tenant charge-backs 19,881 4,282 40,215 9,310
Other 1,771 372 4,780 1,047
Total revenues 172,613 110,393 457,989 281,975
Property operating expenses        
Leased single-family properties 83,682 50,583 205,435 117,148
Vacant single-family properties and other 2,522 3,885 12,950 18,770
General and administrative expense 6,090 5,291 18,497 16,068
Interest expense 23,866 5,112 61,539 10,502
Noncash share-based compensation expense 913 751 2,343 1,895
Acquisition fees and costs expensed 4,153 14,550 14,297 15,921
Depreciation and amortization 67,800 44,855 180,685 118,311
Total expenses 189,026 125,027 495,746 298,615
Remeasurement of Series E units (525) 3,588 3,456 (4,112)
Remeasurement of preferred shares (3,000) (1,750) (2,300) (2,348)
Net loss (19,938) (12,796) (36,601) (23,100)
Noncontrolling interest 3,109 3,382 10,795 11,214
Dividends on preferred shares 5,569 5,569 16,707 13,359
Net loss attributable to common shareholders $ (28,616) $ (21,747) $ (64,103) $ (47,673)
Weighted-average shares outstanding—basic and diluted (in shares) 211,414,368 202,547,677 211,460,840 191,251,638
Net loss per share - basic and diluted:        
Net loss attributable to common shareholders basic and diluted (in USD per share) $ (0.14) $ (0.11) $ (0.30) $ (0.25)