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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Operating activities    
Net income (loss) $ 26,862 $ 1,275
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 146,669 149,121
Noncash amortization of deferred financing costs 4,410 5,279
Noncash amortization of discount on exchangeable senior notes 1,714 1,106
Noncash amortization of discount on ARP 2014-SFR1 securitization 0 1,119
Noncash share-based compensation 2,059 1,853
Provision for bad debt 2,843 2,483
Loss on early extinguishment of debt 6,555 0
Gain on conversion of Series E units to Series D units 0 (11,463)
Remeasurement of participating preferred shares 7,050 450
Equity in net (earnings) loss of unconsolidated ventures (1,623) 261
Net gain on sale of single-family properties and other (4,480) (892)
Loss on impairment of single-family properties 2,487 900
Net gain on resolutions of mortgage loans (16) (1,656)
Other changes in operating assets and liabilities:    
Rent and other receivables (4,497) (6,977)
Prepaid expenses and other assets (7,440) 3,807
Deferred leasing costs (3,401) (4,080)
Accounts payable and accrued expenses 40,967 24,441
Amounts payable to affiliates 5,047 (5,250)
Net cash provided by operating activities 225,206 161,777
Investing activities    
Cash paid for single-family properties (226,937) (61,966)
Change in escrow deposits for purchase of single-family properties (1,708) (330)
Cash acquired in noncash business combinations 0 25,020
Payoff of credit facility in connection with ARPI merger 0 (350,000)
Net proceeds received from sales of single-family properties and other 54,232 15,493
Net proceeds received from sales of non-performing loans 0 16,405
Purchase of commercial office buildings 0 (20,056)
Collections from mortgage financing receivables 78 0
Distributions from unconsolidated joint ventures 2,144 5,770
Renovations to single-family properties (18,351) (17,529)
Other capital expenditures for single-family properties (15,038) (12,675)
Other purchases of productive assets (16,936) 0
Net cash used for investing activities (222,516) (399,868)
Financing activities    
Proceeds from issuance of Class A common shares 355,589 2
Stock issuance costs (350) 0
Proceeds from issuance of perpetual preferred shares 155,000 498,750
Proceeds from exercise of stock options 1,858 1,682
Repurchase of Class A common shares 0 (96,098)
Redemptions of Class A units (169) (291)
Payments on asset-backed securitizations (466,793) (12,762)
Payments on secured note payable (482) (457)
Distributions to noncontrolling interests (5,555) (5,905)
Distributions to common shareholders (25,172) (24,038)
Distributions to preferred shareholders (28,869) (12,981)
Deferred financing costs paid (3,930) (390)
Net cash (used for) provided by financing activities (57,082) 473,488
Net (decrease) increase in cash, cash equivalents and restricted cash (54,392) 235,397
Cash, cash equivalents and restricted cash, beginning of period 250,241 168,968
Cash, cash equivalents and restricted cash, end of period (see Note 3) 195,849 404,365
Supplemental cash flow information    
Cash payments for interest, net of amounts capitalized (54,157) (58,956)
Supplemental schedule of noncash investing and financing activities    
Accounts payable and accrued expenses related to property acquisitions and renovations 3,922 (1,345)
Transfer of term loan borrowings to revolving credit facility 50,000 0
Transfer of deferred financing costs from term loan to revolving credit facility 1,354 0
Note receivable related to a bulk sale of properties, net of discount 5,559 0
American Residential Properties Inc.    
Merger with ARPI    
Single-family properties 0 1,277,253
Restricted cash 0 9,521
Rent and other receivables, net 0 843
Escrow deposits, prepaid expenses and other assets 0 35,134
Deferred costs and other intangibles, net 0 22,696
Accounts payable and accrued expenses 0 (38,485)
American Residential Properties Inc. | Asset-backed securitization    
Merger with ARPI    
Debt assumed or extinguished 0 (329,703)
American Residential Properties Inc. | Exchangeable Senior Notes    
Merger with ARPI    
Debt assumed or extinguished 0 (112,298)
Term loan facility, net    
Financing activities    
Proceeds from credit facility 25,000 0
Payments on credit facility (100,000) 0
Revolving Credit Facility    
Financing activities    
Proceeds from credit facility 62,000 626,000
Payments on credit facility (20,000) (484,000)
Perpetual preferred    
Financing activities    
Stock issuance costs (5,209) (16,024)
Class A common shares | American Residential Properties Inc.    
Merger with ARPI    
Class A common shares and units issued $ 0 $ (530,460)