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Commitments and Contingencies
3 Months Ended
Mar. 31, 2017
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies
Commitments and Contingencies
 
As of March 31, 2017, and December 31, 2016, we had commitments to acquire 429 and 203 single-family properties, respectively, with an aggregate purchase price of $77.8 million and $41.7 million, respectively.

As of March 31, 2017, and December 31, 2016, the Company had sales in escrow for approximately 107 and 57 of our single-family properties, respectively, for an aggregate selling price of $11.9 million and $6.6 million, respectively.

We are involved in various legal and administrative proceedings that are incidental to our business. We believe these matters will not have a materially adverse effect on our financial position or results of operations upon resolution.