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Single-Family Properties (Tables)

3 Months Ended

Mar. 31, 2017

Real Estate [Abstract]

Single-Family Properties, Net

Single-family properties, net, consisted of the following as of March 31, 2017, and December 31, 2016 (dollars in thousands):

	March 31, 2017
	Number of properties			Net book value
Leased single-family properties	45,285			$	7,077,008
Single-family properties being renovated	367			64,973
Single-family properties being prepared for re-lease	121			18,630
Vacant single-family properties available for lease	1,859			302,663
Single-family properties held for sale, net	704			78,922
Total	48,336			$	7,542,196

	December 31, 2016
	Number of properties			Net book value
Leased single-family properties	44,798			$	7,040,000
Single-family properties being renovated	312			57,200
Single-family properties being prepared for re-lease	91			14,453
Vacant single-family properties available for lease	2,102			348,773
Single-family properties held for sale, net	1,119			87,430
Total	48,422			$	7,547,856

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- Definition

Tabular disclosure of real estate properties and units in those properties that are included in the discussion of the nature of an entity's operations.

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