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Significant Accounting Policies (Details)
12 Months Ended
Dec. 31, 2015
USD ($)
single_family_property
Dec. 31, 2014
single_family_property
Income Taxes    
Deferred tax assets | $ $ 0  
Deferred tax liabilities | $ 0  
Unrecognized tax benefits | $ $ 0  
Investments in Real Estate    
Acquired leases term less than one year  
Number of properties 38,780 34,599
Leasing Costs    
Lease amortization period 1 year  
Leasing fee paid to property manager one-half of one month's rent for each lease.  
Buildings    
Depreciation and Amortization    
Estimated useful life of asset 30 years  
Improvements | Minimum    
Depreciation and Amortization    
Estimated useful life of asset 5 years  
Improvements | Maximum    
Depreciation and Amortization    
Estimated useful life of asset 15 years  
Single family homes    
Investments in Real Estate    
Number of properties 38,780 34,599
Single family homes | Properties held for sale    
Investments in Real Estate    
Number of properties 45  
Single family homes | Properties held for sale | Single-Family Properties Held for Sale    
Investments in Real Estate    
Number of properties   26