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Debt - Long-term Debt (Details)
1 Months Ended 12 Months Ended
Mar. 07, 2013
USD ($)
Sep. 30, 2015
Mar. 31, 2015
Nov. 30, 2014
Sep. 30, 2014
May. 31, 2014
extension_option
Dec. 31, 2015
USD ($)
Dec. 31, 2014
USD ($)
Sep. 30, 2013
USD ($)
Debt Instrument [Line Items]                  
Asset-backed securitizations             $ 2,530,210,000 $ 1,519,390,000  
Secured note payable             50,752,000 51,644,000  
Credit facility             0 207,000,000  
Total debt             $ 2,580,962,000 $ 1,778,034,000  
2014-SFR 1                  
Debt Instrument [Line Items]                  
Interest rate             1.97% 1.79%  
Asset-backed securitizations               $ 478,565,000  
Debt instrument term           2 years      
Number of debt instrument extension options | extension_option           3      
Period of extension options           12 months      
2014-SFR 1 | LIBOR                  
Debt Instrument [Line Items]                  
Basis spread on variable rate           0.25%      
2014-SFR 2                  
Debt Instrument [Line Items]                  
Interest rate             4.42% 4.42%  
Asset-backed securitizations               $ 512,435,000  
2014-SFR 3                  
Debt Instrument [Line Items]                  
Interest rate             4.40% 4.40%  
Asset-backed securitizations               $ 528,390,000  
2015-SFR 1                  
Debt Instrument [Line Items]                  
Interest rate             4.14% 4.14%  
Asset-backed securitizations               $ 0  
2015-SFR 2                  
Debt Instrument [Line Items]                  
Interest rate             4.36% 4.36%  
Asset-backed securitizations               $ 0  
Single family homes | 2014-SFR 1                  
Debt Instrument [Line Items]                  
Asset-backed securitizations             $ 473,755,000    
Number of debt instrument extension options | extension_option           3      
Period of extension options             12 months    
Single family homes | 2014-SFR 2                  
Debt Instrument [Line Items]                  
Asset-backed securitizations             $ 507,305,000    
Debt instrument term         10 years        
Single family homes | 2014-SFR 3                  
Debt Instrument [Line Items]                  
Asset-backed securitizations             $ 523,109,000    
Debt instrument term       10 years          
Senior Notes | Notes Payable                  
Debt Instrument [Line Items]                  
Interest rate             4.06% 4.06%  
Secured note payable             $ 50,752,000 $ 51,644,000  
Senior Secured Revolving Credit Facility                  
Debt Instrument [Line Items]                  
Interest rate             3.18% 3.00%  
Credit facility             $ 0 $ 207,000,000  
Credit facility maximum borrowing capacity $ 500,000,000           $ 800,000,000.0   $ 800,000,000
Weighted Average | 2014-SFR 1 | LIBOR                  
Debt Instrument [Line Items]                  
Basis spread on variable rate           1.54%      
Until March 2017 | Senior Secured Revolving Credit Facility                  
Debt Instrument [Line Items]                  
Basis spread on variable rate 2.75%           2.75%    
March 2017 and Thereafter | Senior Secured Revolving Credit Facility                  
Debt Instrument [Line Items]                  
Basis spread on variable rate 3.125%           3.125%    
Special Purpose Entity | 2015-SFR 1                  
Debt Instrument [Line Items]                  
Asset-backed securitizations             $ 549,121,000    
Debt instrument term     30 years            
Special Purpose Entity | 2015-SFR 2                  
Debt Instrument [Line Items]                  
Asset-backed securitizations             $ 476,920,000    
Debt instrument term   30 years