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Significant Accounting Policies (Details) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Dec. 31, 2016
Dec. 31, 2015
Accounting Policies [Line Items]        
Gain on sale of single-family properties and other, net $ 2,026 $ 234    
Restricted cash 135,057 132,082 $ 131,442 $ 111,300
Property operating expenses 83,305 68,612    
Property management expenses $ 17,478 16,746    
Reclassification of Noncash Share-based Compensation to Property Management Expenses and General and Administrative Expense | Restatement Adjustment        
Accounting Policies [Line Items]        
Non-cash share based compensation expense   (900)    
Reclassification of Noncash Share-based Compensation to Property Management Expenses | Restatement Adjustment        
Accounting Policies [Line Items]        
Non-cash share based compensation expense   400    
Reclassification of Net Gains from Sales of Single-Family Properties from Other Revenues to Gain on Sale of Single Family Properties, Net | Restatement Adjustment        
Accounting Policies [Line Items]        
Other revenue   (200)    
Reclassification of Net Gains from Sale of Single-Family Properties, Net | Restatement Adjustment        
Accounting Policies [Line Items]        
Gain on sale of single-family properties and other, net   200    
Reclassification of Noncash Share-based Compensation to General and Administrative Expenses | Restatement Adjustment        
Accounting Policies [Line Items]        
Non-cash share based compensation expense   500    
Reclassification of Property Operating Expenses | Restatement Adjustment        
Accounting Policies [Line Items]        
Property operating expenses   (16,400)    
Reclassification of Property Management Expenses | Restatement Adjustment        
Accounting Policies [Line Items]        
Property management expenses   $ 16,400