Subsequent Events	3 Months Ended
Mar. 31, 2017
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events Credit Facilities As of April 30, 2017, the Company had no outstanding borrowings under our revolving credit facility. From April 1, 2017, through April 30, 2017, the Company paid down $100.0 million on our term loan facility, resulting in an outstanding balance of $250.0 million as of April 30, 2017. Subsequent Dispositions From April 1, 2017, through April 30, 2017, the Company disposed of 41 properties for aggregate net proceeds of approximately $4.9 million. Subsequent Acquisitions From April 1, 2017, through April 30, 2017, the Company acquired 249 properties for an aggregate purchase price of approximately $47.6 million. Early Extinguishment of Debt In April 2017, the Company paid off the outstanding principal on the AH4R 2014-SFR1 asset-backed securitization of approximately $455.4 million using proceeds from the Class A common share offering in March 2017 and available cash, which resulted in approximately $6.6 million of early extinguishment of debt charges primarily related to the write-off of unamortized deferred financing costs. The payoff of the AH4R 2014-SFR1 asset-backed securitization also resulted in the release of the 3,799 homes pledged as collateral and $4.8 million of restricted cash for lender requirements. Perpetual Preferred Shares Offering In April 2017, the Company issued 6,000,000 of 5.875% Series F cumulative redeemable perpetual preferred shares in an underwritten public offering, raising gross proceeds of $150.0 million before offering costs of approximately $5.0 million, with a liquidation preference of $25.00 per share. Declaration of Dividends On May 4, 2017, our board of trustees declared quarterly dividends of $0.05 per Class A common share payable on June 30, 2017, to shareholders of record on June 15, 2017, and $0.05 per Class B common share payable on June 30, 2017, to shareholders of record on June 15, 2017. Additionally, our board of trustees also declared quarterly dividends of $0.3125 per share on the Company’s 5.0% Series A participating preferred shares payable on June 30, 2017, to shareholders of record on June 15, 2017, $0.3125 per share on the Company’s 5.0% Series B participating preferred shares payable on June 30, 2017, to shareholders of record on June 15, 2017, $0.34375 per share on the Company’s 5.5% Series C participating preferred shares payable on June 30, 2017, to shareholders of record on June 15, 2017, $0.40625 per share on the Company’s 6.5% Series D perpetual preferred shares payable on June 30, 2017, to shareholders of record on June 15, 2017, $0.39688 per share on the Company’s 6.35% Series E perpetual preferred shares payable on June 30, 2017, to shareholders of record on June 15, 2017, and $0.27335 per share on the Company’s 5.875% Series F perpetual preferred shares payable on June 30, 2017, to shareholders of record on June 15, 2017.

Subsequent Events

Credit Facilities

As of April 30, 2017, the Company had no outstanding borrowings under our revolving credit facility. From April 1, 2017, through April 30, 2017, the Company paid down $100.0 million on our term loan facility, resulting in an outstanding balance of $250.0 million as of April 30, 2017.

Subsequent Dispositions

From April 1, 2017, through April 30, 2017, the Company disposed of 41 properties for aggregate net proceeds of approximately $4.9 million.

Subsequent Acquisitions

From April 1, 2017, through April 30, 2017, the Company acquired 249 properties for an aggregate purchase price of approximately $47.6 million.

Early Extinguishment of Debt

In April 2017, the Company paid off the outstanding principal on the AH4R 2014-SFR1 asset-backed securitization of approximately $455.4 million using proceeds from the Class A common share offering in March 2017 and available cash, which resulted in approximately $6.6 million of early extinguishment of debt charges primarily related to the write-off of unamortized deferred financing costs. The payoff of the AH4R 2014-SFR1 asset-backed securitization also resulted in the release of the 3,799 homes pledged as collateral and $4.8 million of restricted cash for lender requirements.

Perpetual Preferred Shares Offering

In April 2017, the Company issued 6,000,000 of 5.875% Series F cumulative redeemable perpetual preferred shares in an underwritten public offering, raising gross proceeds of $150.0 million before offering costs of approximately $5.0 million, with a liquidation preference of $25.00 per share.

Declaration of Dividends

On May 4, 2017, our board of trustees declared quarterly dividends of $0.05 per Class A common share payable on June 30, 2017, to shareholders of record on June 15, 2017, and $0.05 per Class B common share payable on June 30, 2017, to shareholders of record on June 15, 2017. Additionally, our board of trustees also declared quarterly dividends of $0.3125 per share on the Company’s 5.0% Series A participating preferred shares payable on June 30, 2017, to shareholders of record on June 15, 2017, $0.3125 per share on the Company’s 5.0% Series B participating preferred shares payable on June 30, 2017, to shareholders of record on June 15, 2017, $0.34375 per share on the Company’s 5.5% Series C participating preferred shares payable on June 30, 2017, to shareholders of record on June 15, 2017, $0.40625 per share on the Company’s 6.5% Series D perpetual preferred shares payable on June 30, 2017, to shareholders of record on June 15, 2017, $0.39688 per share on the Company’s 6.35% Series E perpetual preferred shares payable on June 30, 2017, to shareholders of record on June 15, 2017, and $0.27335 per share on the Company’s 5.875% Series F perpetual preferred shares payable on June 30, 2017, to shareholders of record on June 15, 2017.