XML 74 R58.htm IDEA: XBRL DOCUMENT v3.3.1.900
Related Party Transactions (Details)
$ in Thousands
1 Months Ended 12 Months Ended
Dec. 12, 2014
single_family_property
property
Feb. 28, 2013
single_family_property
Feb. 28, 2013
USD ($)
Feb. 28, 2013
property
Nov. 30, 2012
USD ($)
Dec. 31, 2015
USD ($)
shares
Dec. 31, 2014
USD ($)
shares
Dec. 31, 2013
USD ($)
Jun. 10, 2013
Related Party Transaction                  
Amounts payable to affiliates           $ 4,093 $ 0    
Permanent reduction in advisory fee     $ 9,800            
Administrative expenses paid to related party           $ 0 $ 0 $ 6,352  
2,770 Property Contribution                  
Related Party Transaction                  
Number of properties contributed to the Operating Partnership   2,770   2,770          
AH LLC                  
Related Party Transaction                  
Equity interest rate           22.10% 21.80%    
Amounts payable to affiliates           $ 4,100      
Receivable from affiliates             $ 4,000    
Number of properties contributed to the Operating Partnership | property 45                
AH LLC | Class A Units                  
Related Party Transaction                  
Units owned (in shares) | shares           14,440,670 14,440,670    
Number of properties contributed to the Operating Partnership | single_family_property 45                
AH LLC | Series C Convertible Units                  
Related Party Transaction                  
Units owned (in shares) | shares           31,085,974 31,085,974    
AH LLC | Series D Convertible Units                  
Related Party Transaction                  
Units owned (in shares) | shares           4,375,000 4,375,000    
AH LLC | Series E Convertible Units                  
Related Party Transaction                  
Units owned (in shares) | shares           4,375,000 4,375,000    
AH LLC | Class A common shares                  
Related Party Transaction                  
Equity interest rate           3.30% 3.30%    
AH LLC | Class B common shares                  
Related Party Transaction                  
Shares owned | shares           635,075 635,075    
AH LLC | Agreement on Investment Opportunities                  
Related Party Transaction                  
Acquisition and renovation fee in percent         5.00%       5.00%
Monthly maintenance fee         $ 100        
Acquisition and renovation fees             $ 86,000 113,700  
Asset acquisition cost             67,500 108,900  
Property acquisition cost             22,100 4,800  
Advisor                  
Related Party Transaction                  
Advisory management fee in percent         1.75%        
Permanent reduction in advisory fee     $ 9,800            
Administrative expenses paid to related party               6,400  
Property Manager                  
Related Party Transaction                  
Property management fee, percentage of collected rent         6.00%        
Property management fee, percentage of lease annual rent         50.00%        
Fees incurred to the Property Manager               1,300  
Leasing fees incurred to the Property Manager               2,900  
MMI                  
Related Party Transaction                  
Administrative expenses paid to related party             $ 41,900 $ 17,000