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Schedule III - Real Estate and Accumulated Depreciation (Details) $ in Thousands | 12 Months Ended |  |  |
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Dec. 31, 2016 USD ($) single_family_property | Dec. 31, 2015 USD ($) | Dec. 31, 2014 USD ($) | Dec. 31, 2013 USD ($)
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 48,422 |  |  |
Gross Book Value of Encumbered Assets | $ 3,759,757 |  |  |
Initial Cost to Company, Land | 1,528,318 |  |  |
Initial Cost to Company, Buildings and Improvements | 5,839,564 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 846,684 |  |  |
Total Cost, Land | 1,528,318 |  |  |
Total Cost, Buildings and Improvements | 6,686,248 |  |  |
Total | 8,214,566 | $ 6,705,982 | $ 5,916,933 | $ 3,923,624
Accumulated Depreciation (1) | (666,710) | $ (416,044) | $ (206,262) | $ (62,202)
Net Cost Basis | 7,547,856 |  |  |
Aggregate cost of consolidated real estate for federal income tax purposes | $ 8,100,000 |  |  |
Albuquerque |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 214 |  |  |
Gross Book Value of Encumbered Assets | $ 0 |  |  |
Initial Cost to Company, Land | 6,550 |  |  |
Initial Cost to Company, Buildings and Improvements | 24,368 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 3,522 |  |  |
Total Cost, Land | 6,550 |  |  |
Total Cost, Buildings and Improvements | 27,890 |  |  |
Total | 34,440 |  |  |
Accumulated Depreciation (1) | (3,430) |  |  |
Net Cost Basis | $ 31,010 |  |  |
Atlanta |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 4,079 |  |  |
Gross Book Value of Encumbered Assets | $ 276,539 |  |  |
Initial Cost to Company, Land | 120,969 |  |  |
Initial Cost to Company, Buildings and Improvements | 463,252 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 81,474 |  |  |
Total Cost, Land | 120,969 |  |  |
Total Cost, Buildings and Improvements | 544,726 |  |  |
Total | 665,695 |  |  |
Accumulated Depreciation (1) | (46,519) |  |  |
Net Cost Basis | $ 619,176 |  |  |
Augusta |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 235 |  |  |
Gross Book Value of Encumbered Assets | $ 14,234 |  |  |
Initial Cost to Company, Land | 6,768 |  |  |
Initial Cost to Company, Buildings and Improvements | 27,065 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 3,906 |  |  |
Total Cost, Land | 6,768 |  |  |
Total Cost, Buildings and Improvements | 30,971 |  |  |
Total | 37,739 |  |  |
Accumulated Depreciation (1) | (3,029) |  |  |
Net Cost Basis | $ 34,710 |  |  |
Austin |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 696 |  |  |
Gross Book Value of Encumbered Assets | $ 54,769 |  |  |
Initial Cost to Company, Land | 16,256 |  |  |
Initial Cost to Company, Buildings and Improvements | 75,155 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 14,005 |  |  |
Total Cost, Land | 16,256 |  |  |
Total Cost, Buildings and Improvements | 89,160 |  |  |
Total | 105,416 |  |  |
Accumulated Depreciation (1) | (10,268) |  |  |
Net Cost Basis | $ 95,148 |  |  |
Bay Area |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 120 |  |  |
Gross Book Value of Encumbered Assets | $ 9,123 |  |  |
Initial Cost to Company, Land | 8,259 |  |  |
Initial Cost to Company, Buildings and Improvements | 23,485 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 2,038 |  |  |
Total Cost, Land | 8,259 |  |  |
Total Cost, Buildings and Improvements | 25,523 |  |  |
Total | 33,782 |  |  |
Accumulated Depreciation (1) | (3,014) |  |  |
Net Cost Basis | $ 30,768 |  |  |
Boise |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 289 |  |  |
Gross Book Value of Encumbered Assets | $ 7,618 |  |  |
Initial Cost to Company, Land | 8,063 |  |  |
Initial Cost to Company, Buildings and Improvements | 29,324 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 3,647 |  |  |
Total Cost, Land | 8,063 |  |  |
Total Cost, Buildings and Improvements | 32,971 |  |  |
Total | 41,034 |  |  |
Accumulated Depreciation (1) | (3,940) |  |  |
Net Cost Basis | $ 37,094 |  |  |
Central Valley |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 224 |  |  |
Gross Book Value of Encumbered Assets | $ 3,591 |  |  |
Initial Cost to Company, Land | 8,732 |  |  |
Initial Cost to Company, Buildings and Improvements | 26,322 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 2,971 |  |  |
Total Cost, Land | 8,732 |  |  |
Total Cost, Buildings and Improvements | 29,293 |  |  |
Total | 38,025 |  |  |
Accumulated Depreciation (1) | (3,497) |  |  |
Net Cost Basis | $ 34,528 |  |  |
Charleston |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 766 |  |  |
Gross Book Value of Encumbered Assets | $ 79,831 |  |  |
Initial Cost to Company, Land | 27,041 |  |  |
Initial Cost to Company, Buildings and Improvements | 97,859 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 13,424 |  |  |
Total Cost, Land | 27,041 |  |  |
Total Cost, Buildings and Improvements | 111,283 |  |  |
Total | 138,324 |  |  |
Accumulated Depreciation (1) | (10,261) |  |  |
Net Cost Basis | $ 128,063 |  |  |
Charlotte |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 2,867 |  |  |
Gross Book Value of Encumbered Assets | $ 288,373 |  |  |
Initial Cost to Company, Land | 100,835 |  |  |
Initial Cost to Company, Buildings and Improvements | 358,273 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 41,926 |  |  |
Total Cost, Land | 100,835 |  |  |
Total Cost, Buildings and Improvements | 400,199 |  |  |
Total | 501,034 |  |  |
Accumulated Depreciation (1) | (35,682) |  |  |
Net Cost Basis | $ 465,352 |  |  |
Cincinnati |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 1,953 |  |  |
Gross Book Value of Encumbered Assets | $ 229,700 |  |  |
Initial Cost to Company, Land | 60,257 |  |  |
Initial Cost to Company, Buildings and Improvements | 239,373 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 36,182 |  |  |
Total Cost, Land | 60,257 |  |  |
Total Cost, Buildings and Improvements | 275,555 |  |  |
Total | 335,812 |  |  |
Accumulated Depreciation (1) | (32,050) |  |  |
Net Cost Basis | $ 303,762 |  |  |
Colorado Springs |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 22 |  |  |
Gross Book Value of Encumbered Assets | $ 0 |  |  |
Initial Cost to Company, Land | 903 |  |  |
Initial Cost to Company, Buildings and Improvements | 2,951 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 620 |  |  |
Total Cost, Land | 903 |  |  |
Total Cost, Buildings and Improvements | 3,571 |  |  |
Total | 4,474 |  |  |
Accumulated Depreciation (1) | (482) |  |  |
Net Cost Basis | $ 3,992 |  |  |
Columbia |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 297 |  |  |
Gross Book Value of Encumbered Assets | $ 32,676 |  |  |
Initial Cost to Company, Land | 6,902 |  |  |
Initial Cost to Company, Buildings and Improvements | 34,318 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 4,251 |  |  |
Total Cost, Land | 6,902 |  |  |
Total Cost, Buildings and Improvements | 38,569 |  |  |
Total | 45,471 |  |  |
Accumulated Depreciation (1) | (4,427) |  |  |
Net Cost Basis | $ 41,044 |  |  |
Columbus |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 1,559 |  |  |
Gross Book Value of Encumbered Assets | $ 132,518 |  |  |
Initial Cost to Company, Land | 41,018 |  |  |
Initial Cost to Company, Buildings and Improvements | 171,244 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 31,141 |  |  |
Total Cost, Land | 41,018 |  |  |
Total Cost, Buildings and Improvements | 202,385 |  |  |
Total | 243,403 |  |  |
Accumulated Depreciation (1) | (21,372) |  |  |
Net Cost Basis | $ 222,031 |  |  |
Corpus Christi |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 223 |  |  |
Gross Book Value of Encumbered Assets | $ 0 |  |  |
Initial Cost to Company, Land | 1,843 |  |  |
Initial Cost to Company, Buildings and Improvements | 33,756 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 2,509 |  |  |
Total Cost, Land | 1,843 |  |  |
Total Cost, Buildings and Improvements | 36,265 |  |  |
Total | 38,108 |  |  |
Accumulated Depreciation (1) | (1,059) |  |  |
Net Cost Basis | $ 37,049 |  |  |
Dallas-Fort Worth |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 4,348 |  |  |
Gross Book Value of Encumbered Assets | $ 382,668 |  |  |
Initial Cost to Company, Land | 110,905 |  |  |
Initial Cost to Company, Buildings and Improvements | 511,800 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 79,594 |  |  |
Total Cost, Land | 110,905 |  |  |
Total Cost, Buildings and Improvements | 591,394 |  |  |
Total | 702,299 |  |  |
Accumulated Depreciation (1) | (57,388) |  |  |
Net Cost Basis | $ 644,911 |  |  |
Denver |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 666 |  |  |
Gross Book Value of Encumbered Assets | $ 0 |  |  |
Initial Cost to Company, Land | 32,909 |  |  |
Initial Cost to Company, Buildings and Improvements | 133,383 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 16,292 |  |  |
Total Cost, Land | 32,909 |  |  |
Total Cost, Buildings and Improvements | 149,675 |  |  |
Total | 182,584 |  |  |
Accumulated Depreciation (1) | (14,900) |  |  |
Net Cost Basis | $ 167,684 |  |  |
Fort Myers |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 6 |  |  |
Gross Book Value of Encumbered Assets | $ 792 |  |  |
Initial Cost to Company, Land | 172 |  |  |
Initial Cost to Company, Buildings and Improvements | 822 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 135 |  |  |
Total Cost, Land | 172 |  |  |
Total Cost, Buildings and Improvements | 957 |  |  |
Total | 1,129 |  |  |
Accumulated Depreciation (1) | (128) |  |  |
Net Cost Basis | $ 1,001 |  |  |
Greater Chicago area, IL and IN |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 2,501 |  |  |
Gross Book Value of Encumbered Assets | $ 211,475 |  |  |
Initial Cost to Company, Land | 67,726 |  |  |
Initial Cost to Company, Buildings and Improvements | 281,714 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 54,590 |  |  |
Total Cost, Land | 67,726 |  |  |
Total Cost, Buildings and Improvements | 336,304 |  |  |
Total | 404,030 |  |  |
Accumulated Depreciation (1) | (37,436) |  |  |
Net Cost Basis | $ 366,594 |  |  |
Greensboro |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 659 |  |  |
Gross Book Value of Encumbered Assets | $ 47,623 |  |  |
Initial Cost to Company, Land | 18,326 |  |  |
Initial Cost to Company, Buildings and Improvements | 83,380 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 9,104 |  |  |
Total Cost, Land | 18,326 |  |  |
Total Cost, Buildings and Improvements | 92,484 |  |  |
Total | 110,810 |  |  |
Accumulated Depreciation (1) | (9,737) |  |  |
Net Cost Basis | $ 101,073 |  |  |
Greenville |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 646 |  |  |
Gross Book Value of Encumbered Assets | $ 74,371 |  |  |
Initial Cost to Company, Land | 16,087 |  |  |
Initial Cost to Company, Buildings and Improvements | 84,539 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 10,069 |  |  |
Total Cost, Land | 16,087 |  |  |
Total Cost, Buildings and Improvements | 94,608 |  |  |
Total | 110,695 |  |  |
Accumulated Depreciation (1) | (10,244) |  |  |
Net Cost Basis | $ 100,451 |  |  |
Houston |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 3,157 |  |  |
Gross Book Value of Encumbered Assets | $ 257,023 |  |  |
Initial Cost to Company, Land | 65,518 |  |  |
Initial Cost to Company, Buildings and Improvements | 391,141 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 56,416 |  |  |
Total Cost, Land | 65,518 |  |  |
Total Cost, Buildings and Improvements | 447,557 |  |  |
Total | 513,075 |  |  |
Accumulated Depreciation (1) | (39,173) |  |  |
Net Cost Basis | $ 473,902 |  |  |
Indianapolis |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 3,288 |  |  |
Gross Book Value of Encumbered Assets | $ 300,988 |  |  |
Initial Cost to Company, Land | 78,074 |  |  |
Initial Cost to Company, Buildings and Improvements | 317,682 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 53,333 |  |  |
Total Cost, Land | 78,074 |  |  |
Total Cost, Buildings and Improvements | 371,015 |  |  |
Total | 449,089 |  |  |
Accumulated Depreciation (1) | (44,639) |  |  |
Net Cost Basis | $ 404,450 |  |  |
Inland Empire |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 366 |  |  |
Gross Book Value of Encumbered Assets | $ 0 |  |  |
Initial Cost to Company, Land | 33,947 |  |  |
Initial Cost to Company, Buildings and Improvements | 46,441 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 5,376 |  |  |
Total Cost, Land | 33,947 |  |  |
Total Cost, Buildings and Improvements | 51,817 |  |  |
Total | 85,764 |  |  |
Accumulated Depreciation (1) | (2,912) |  |  |
Net Cost Basis | $ 82,852 |  |  |
Jacksonville |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 1,668 |  |  |
Gross Book Value of Encumbered Assets | $ 96,944 |  |  |
Initial Cost to Company, Land | 45,097 |  |  |
Initial Cost to Company, Buildings and Improvements | 177,385 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 34,438 |  |  |
Total Cost, Land | 45,097 |  |  |
Total Cost, Buildings and Improvements | 211,823 |  |  |
Total | 256,920 |  |  |
Accumulated Depreciation (1) | (24,092) |  |  |
Net Cost Basis | $ 232,828 |  |  |
Knoxville |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 320 |  |  |
Gross Book Value of Encumbered Assets | $ 17,274 |  |  |
Initial Cost to Company, Land | 10,338 |  |  |
Initial Cost to Company, Buildings and Improvements | 49,098 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 4,491 |  |  |
Total Cost, Land | 10,338 |  |  |
Total Cost, Buildings and Improvements | 53,589 |  |  |
Total | 63,927 |  |  |
Accumulated Depreciation (1) | (6,142) |  |  |
Net Cost Basis | $ 57,785 |  |  |
Las Vegas |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 1,032 |  |  |
Gross Book Value of Encumbered Assets | $ 89,617 |  |  |
Initial Cost to Company, Land | 30,924 |  |  |
Initial Cost to Company, Buildings and Improvements | 128,759 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 19,494 |  |  |
Total Cost, Land | 30,924 |  |  |
Total Cost, Buildings and Improvements | 148,253 |  |  |
Total | 179,177 |  |  |
Accumulated Depreciation (1) | (18,650) |  |  |
Net Cost Basis | $ 160,527 |  |  |
Memphis |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 584 |  |  |
Gross Book Value of Encumbered Assets | $ 32,162 |  |  |
Initial Cost to Company, Land | 17,490 |  |  |
Initial Cost to Company, Buildings and Improvements | 64,508 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 10,366 |  |  |
Total Cost, Land | 17,490 |  |  |
Total Cost, Buildings and Improvements | 74,874 |  |  |
Total | 92,364 |  |  |
Accumulated Depreciation (1) | (6,752) |  |  |
Net Cost Basis | $ 85,612 |  |  |
Miami |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 260 |  |  |
Gross Book Value of Encumbered Assets | $ 20,033 |  |  |
Initial Cost to Company, Land | 5,300 |  |  |
Initial Cost to Company, Buildings and Improvements | 34,223 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 6,566 |  |  |
Total Cost, Land | 5,300 |  |  |
Total Cost, Buildings and Improvements | 40,789 |  |  |
Total | 46,089 |  |  |
Accumulated Depreciation (1) | (4,641) |  |  |
Net Cost Basis | $ 41,448 |  |  |
Milwaukee |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 125 |  |  |
Gross Book Value of Encumbered Assets | $ 0 |  |  |
Initial Cost to Company, Land | 7,374 |  |  |
Initial Cost to Company, Buildings and Improvements | 21,964 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 2,150 |  |  |
Total Cost, Land | 7,374 |  |  |
Total Cost, Buildings and Improvements | 24,114 |  |  |
Total | 31,488 |  |  |
Accumulated Depreciation (1) | (3,308) |  |  |
Net Cost Basis | $ 28,180 |  |  |
Nashville |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 2,433 |  |  |
Gross Book Value of Encumbered Assets | $ 172,473 |  |  |
Initial Cost to Company, Land | 91,494 |  |  |
Initial Cost to Company, Buildings and Improvements | 352,654 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 37,615 |  |  |
Total Cost, Land | 91,494 |  |  |
Total Cost, Buildings and Improvements | 390,269 |  |  |
Total | 481,763 |  |  |
Accumulated Depreciation (1) | (33,803) |  |  |
Net Cost Basis | $ 447,960 |  |  |
Oklahoma City |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 412 |  |  |
Gross Book Value of Encumbered Assets | $ 23,356 |  |  |
Initial Cost to Company, Land | 11,173 |  |  |
Initial Cost to Company, Buildings and Improvements | 57,641 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 6,606 |  |  |
Total Cost, Land | 11,173 |  |  |
Total Cost, Buildings and Improvements | 64,247 |  |  |
Total | 75,420 |  |  |
Accumulated Depreciation (1) | (5,924) |  |  |
Net Cost Basis | $ 69,496 |  |  |
Orlando |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 1,562 |  |  |
Gross Book Value of Encumbered Assets | $ 61,131 |  |  |
Initial Cost to Company, Land | 55,304 |  |  |
Initial Cost to Company, Buildings and Improvements | 182,173 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 27,409 |  |  |
Total Cost, Land | 55,304 |  |  |
Total Cost, Buildings and Improvements | 209,582 |  |  |
Total | 264,886 |  |  |
Accumulated Depreciation (1) | (20,066) |  |  |
Net Cost Basis | $ 244,820 |  |  |
Phoenix |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 2,783 |  |  |
Gross Book Value of Encumbered Assets | $ 122,104 |  |  |
Initial Cost to Company, Land | 118,022 |  |  |
Initial Cost to Company, Buildings and Improvements | 292,454 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 38,378 |  |  |
Total Cost, Land | 118,022 |  |  |
Total Cost, Buildings and Improvements | 330,832 |  |  |
Total | 448,854 |  |  |
Accumulated Depreciation (1) | (29,502) |  |  |
Net Cost Basis | $ 419,352 |  |  |
Portland |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 207 |  |  |
Gross Book Value of Encumbered Assets | $ 24,121 |  |  |
Initial Cost to Company, Land | 14,491 |  |  |
Initial Cost to Company, Buildings and Improvements | 23,980 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 1,992 |  |  |
Total Cost, Land | 14,491 |  |  |
Total Cost, Buildings and Improvements | 25,972 |  |  |
Total | 40,463 |  |  |
Accumulated Depreciation (1) | (3,338) |  |  |
Net Cost Basis | $ 37,125 |  |  |
Raleigh |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 1,842 |  |  |
Gross Book Value of Encumbered Assets | $ 205,160 |  |  |
Initial Cost to Company, Land | 60,896 |  |  |
Initial Cost to Company, Buildings and Improvements | 234,760 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 27,267 |  |  |
Total Cost, Land | 60,896 |  |  |
Total Cost, Buildings and Improvements | 262,027 |  |  |
Total | 322,923 |  |  |
Accumulated Depreciation (1) | (25,381) |  |  |
Net Cost Basis | $ 297,542 |  |  |
Salt Lake City |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 1,048 |  |  |
Gross Book Value of Encumbered Assets | $ 150,712 |  |  |
Initial Cost to Company, Land | 58,513 |  |  |
Initial Cost to Company, Buildings and Improvements | 149,603 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 22,673 |  |  |
Total Cost, Land | 58,513 |  |  |
Total Cost, Buildings and Improvements | 172,276 |  |  |
Total | 230,789 |  |  |
Accumulated Depreciation (1) | (20,966) |  |  |
Net Cost Basis | $ 209,823 |  |  |
San Antonio |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 1,019 |  |  |
Gross Book Value of Encumbered Assets | $ 84,009 |  |  |
Initial Cost to Company, Land | 29,716 |  |  |
Initial Cost to Company, Buildings and Improvements | 109,884 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 18,252 |  |  |
Total Cost, Land | 29,716 |  |  |
Total Cost, Buildings and Improvements | 128,136 |  |  |
Total | 157,852 |  |  |
Accumulated Depreciation (1) | (12,182) |  |  |
Net Cost Basis | $ 145,670 |  |  |
Savannah/Hilton Head |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 559 |  |  |
Gross Book Value of Encumbered Assets | $ 39,624 |  |  |
Initial Cost to Company, Land | 17,016 |  |  |
Initial Cost to Company, Buildings and Improvements | 66,878 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 7,979 |  |  |
Total Cost, Land | 17,016 |  |  |
Total Cost, Buildings and Improvements | 74,857 |  |  |
Total | 91,873 |  |  |
Accumulated Depreciation (1) | (5,574) |  |  |
Net Cost Basis | $ 86,299 |  |  |
Seattle |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 478 |  |  |
Gross Book Value of Encumbered Assets | $ 27,936 |  |  |
Initial Cost to Company, Land | 28,955 |  |  |
Initial Cost to Company, Buildings and Improvements | 78,582 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 5,647 |  |  |
Total Cost, Land | 28,955 |  |  |
Total Cost, Buildings and Improvements | 84,229 |  |  |
Total | 113,184 |  |  |
Accumulated Depreciation (1) | (6,090) |  |  |
Net Cost Basis | $ 107,094 |  |  |
Tampa |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 1,760 |  |  |
Gross Book Value of Encumbered Assets | $ 111,989 |  |  |
Initial Cost to Company, Land | 63,272 |  |  |
Initial Cost to Company, Buildings and Improvements | 232,244 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 32,808 |  |  |
Total Cost, Land | 63,272 |  |  |
Total Cost, Buildings and Improvements | 265,052 |  |  |
Total | 328,324 |  |  |
Accumulated Depreciation (1) | (29,292) |  |  |
Net Cost Basis | $ 299,032 |  |  |
Tucson |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 387 |  |  |
Gross Book Value of Encumbered Assets | $ 43,407 |  |  |
Initial Cost to Company, Land | 7,812 |  |  |
Initial Cost to Company, Buildings and Improvements | 37,208 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 7,215 |  |  |
Total Cost, Land | 7,812 |  |  |
Total Cost, Buildings and Improvements | 44,423 |  |  |
Total | 52,235 |  |  |
Accumulated Depreciation (1) | (6,673) |  |  |
Net Cost Basis | $ 45,562 |  |  |
Winston Salem |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 762 |  |  |
Gross Book Value of Encumbered Assets | $ 33,793 |  |  |
Initial Cost to Company, Land | 17,071 |  |  |
Initial Cost to Company, Buildings and Improvements | 87,919 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 8,813 |  |  |
Total Cost, Land | 17,071 |  |  |
Total Cost, Buildings and Improvements | 96,732 |  |  |
Total | 113,803 |  |  |
Accumulated Depreciation (1) | (8,747) |  |  |
Net Cost Basis | $ 105,056 |  |  |

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