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Single-Family Properties (Tables)

12 Months Ended

Dec. 31, 2015

Real Estate [Abstract]

Schedule of Single-Family Properties

Single-family properties, net, consists of the following as of December 31, 2015 and 2014 (dollars in thousands):

	December 31, 2015
	Number of properties			Net book value
Leased single-family properties	36,403			$	5,895,482
Single-family properties being renovated	476			75,055
Single-family properties being prepared for re-lease	178			28,525
Vacant single-family properties available for lease	1,678			283,444
Single-family properties held for sale	45			7,432
Total	38,780			$	6,289,938

	December 31, 2014
	Number of properties			Net book value
Leased single-family properties	28,250			$	4,631,797
Single-family properties being renovated	2,886			476,120
Single-family properties being prepared for re-lease	630			104,974
Vacant single-family properties available for lease	2,807			493,962
Single-family properties held for sale	26			3,818
Total	34,599			$	5,710,671

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- Definition

Tabular disclosure of real estate properties and units in those properties that are included in the discussion of the nature of an entity's operations.

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