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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenues:    
Rents from single-family properties $ 201,107 $ 167,995
Fees from single-family properties 2,604 2,197
Tenant charge-backs 28,373 21,016
Other 1,670 3,751
Total revenues 233,754 194,959
Expenses:    
Property operating expenses 83,305 68,612
Property management expenses 17,478 16,746
General and administrative expense 9,295 8,570
Interest expense 31,889 30,977
Acquisition fees and costs expensed 1,096 5,653
Depreciation and amortization 73,953 69,517
Other 1,558 1,253
Total expenses 218,574 201,328
Gain on sale of single-family properties and other, net 2,026 234
Gain on conversion of Series E units 0 11,463
Remeasurement of participating preferred shares (5,410) (300)
Net income 11,796 5,028
Noncontrolling interest (301) 3,836
Dividends on preferred shares 13,587 5,569
Net loss attributable to common shareholders $ (1,490) $ (4,377)
Weighted-average shares outstanding—basic and diluted (in shares) 244,391,368 219,157,870
Net loss attributable to common shareholders per share—basic and diluted (in USD per share) $ (0.01) $ (0.02)
Dividends declared per common share (in USD per share) $ 0.05 $ 0.05