XML 52 R41.htm IDEA: XBRL DOCUMENT v3.7.0.1
Debt - Schedule of Debt (Details) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Dec. 31, 2016
Debt Instrument [Line Items]          
Debt, gross $ 2,480,787,000   $ 2,480,787,000   $ 2,981,062,000
Unamortized discount on exchangeable senior notes (1,414,000)   (1,414,000)   (1,883,000)
Equity component of exchangeable senior notes (3,724,000)   (3,724,000)   (4,969,000)
Deferred financing costs, net (40,946,000)   (40,946,000)   (51,636,000)
Total debt per balance sheet 2,434,703,000   2,434,703,000   2,922,574,000
Amortization of financing costs     4,410,000 $ 5,279,000  
Asset-Backed Securitizations and Term Loan Facility          
Debt Instrument [Line Items]          
Amortization of financing costs 1,400,000 $ 2,100,000 3,600,000 4,100,000  
Secured Debt          
Debt Instrument [Line Items]          
Debt, gross 2,024,441,000   2,024,441,000   2,491,234,000
Secured Debt | 2014-SFR 1          
Debt Instrument [Line Items]          
Debt, gross $ 0   $ 0   456,074,000
Secured Debt | 2014-SFR 2          
Debt Instrument [Line Items]          
Interest rate (as a percent) 4.42%   4.42%    
Debt, gross $ 499,245,000   $ 499,245,000   501,810,000
Secured Debt | 2014-SFR 3          
Debt Instrument [Line Items]          
Interest rate (as a percent) 4.40%   4.40%    
Debt, gross $ 514,824,000   $ 514,824,000   517,827,000
Secured Debt | 2015-SFR 1          
Debt Instrument [Line Items]          
Interest rate (as a percent) 4.14%   4.14%    
Debt, gross $ 540,717,000   $ 540,717,000   543,480,000
Secured Debt | 2015-SFR 2          
Debt Instrument [Line Items]          
Interest rate (as a percent) 4.36%   4.36%    
Debt, gross $ 469,655,000   $ 469,655,000   472,043,000
Secured Debt | Secured Note Payable          
Debt Instrument [Line Items]          
Interest rate (as a percent) 4.06%   4.06%    
Debt, gross $ 49,346,000   $ 49,346,000   $ 49,828,000
Convertible Debt | 3.25% Exchangeable Senior Notes          
Debt Instrument [Line Items]          
Interest rate (as a percent) 3.25%   3.25%   3.25%
Debt, gross $ 115,000,000   $ 115,000,000   $ 115,000,000
Line of Credit | Revolving Credit Facility          
Debt Instrument [Line Items]          
Interest rate (as a percent) 2.42%   2.42%    
Debt, gross $ 92,000,000   $ 92,000,000   0
Credit facility amount, maximum 800,000,000   800,000,000    
Amortization of financing costs $ 400,000 $ 700,000 $ 800,000 $ 1,300,000  
Line of Credit | Revolving Credit Facility | LIBOR          
Debt Instrument [Line Items]          
Debt instrument, basis spread on variable rate (as a percent)     1.20%    
Line of Credit | Revolving Credit Facility | LIBOR | Minimum          
Debt Instrument [Line Items]          
Debt instrument, basis spread on variable rate (as a percent)     0.825%    
Line of Credit | Revolving Credit Facility | LIBOR | Maximum          
Debt Instrument [Line Items]          
Debt instrument, basis spread on variable rate (as a percent)     1.55%    
Line of Credit | Revolving Credit Facility | Base Rate | Minimum          
Debt Instrument [Line Items]          
Debt instrument, basis spread on variable rate (as a percent)     0.00%    
Line of Credit | Revolving Credit Facility | Base Rate | Maximum          
Debt Instrument [Line Items]          
Debt instrument, basis spread on variable rate (as a percent)     0.55%    
Line of Credit | Term Loan facility          
Debt Instrument [Line Items]          
Interest rate (as a percent) 2.57%   2.57%    
Debt, gross $ 200,000,000   $ 200,000,000   325,000,000
Deferred financing costs, net (2,000,000)   (2,000,000)   $ (3,300,000)
Credit facility amount, maximum $ 200,000,000   $ 200,000,000    
Line of Credit | Term Loan facility | LIBOR          
Debt Instrument [Line Items]          
Debt instrument, basis spread on variable rate (as a percent)     1.35%    
Line of Credit | Term Loan facility | LIBOR | Minimum          
Debt Instrument [Line Items]          
Debt instrument, basis spread on variable rate (as a percent)     0.90%    
Line of Credit | Term Loan facility | LIBOR | Maximum          
Debt Instrument [Line Items]          
Debt instrument, basis spread on variable rate (as a percent)     1.75%    
Line of Credit | Term Loan facility | Base Rate | Minimum          
Debt Instrument [Line Items]          
Debt instrument, basis spread on variable rate (as a percent)     0.00%    
Line of Credit | Term Loan facility | Base Rate | Maximum          
Debt Instrument [Line Items]          
Debt instrument, basis spread on variable rate (as a percent)     0.75%