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Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenues:      
Rents from single-family properties $ 559,719 $ 376,385 $ 132,722
Fees from single-family properties 7,646 5,968 3,639
Tenant charge-backs 56,546 14,931 1,588
Other 6,665 1,590 1,083
Total revenues 630,576 398,874 139,032
Expenses:      
Leased single-family properties 280,907 165,474 51,411
Vacant single-family properties and other 15,018 22,899 22,341
General and administrative expense 24,906 21,947 8,845
Advisory fees 0 0 6,352
Interest expense 89,413 19,881 370
Noncash share-based compensation expense 3,125 2,586 1,079
Acquisition fees and costs expensed 19,577 22,386 4,799
Depreciation and amortization 242,848 165,516 70,987
Total expenses 675,794 420,689 166,184
Gain on remeasurement of equity method investment 0 0 10,945
Remeasurement of Series E units 2,100 (5,119) (2,057)
Remeasurement of preferred shares (4,830) (6,158) (1,810)
Net loss (47,948) (33,092) (20,074)
Discontinued operations      
Gain on disposition of single-family properties 0 0 904
Income from discontinued operations 0 0 104
Income from discontinued operations 0 0 1,008
Net loss (47,948) (33,092) (19,066)
Noncontrolling interest 14,353 14,965 13,245
Dividends on preferred shares 22,276 18,928 1,160
Conversion of preferred units 0 0 10,456
Net loss attributable to common shareholders $ (84,577) $ (66,985) $ (43,927)
Weighted-average shares outstanding-basic and diluted (in shares) 210,600,111 196,348,757 123,592,086
Net loss per share—basic and diluted:      
Loss from continuing operations (in dollars per share) $ (0.40) $ (0.34) $ (0.37)
Income from discontinued operations (in dollars per share) 0.00 0.00 0.01
Net loss attributable to common shareholders per share - basic and diluted (in dollars per share) $ (0.40) $ (0.34) $ (0.36)