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Schedule III - Real Estate and Accumulated Depreciation (Details) $ in Thousands | 12 Months Ended |  |  |
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Dec. 31, 2017 USD ($) single_family_property | Dec. 31, 2016 USD ($) | Dec. 31, 2015 USD ($) | Dec. 31, 2014 USD ($)
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 51,239 |  |  |
Gross Book Value of Encumbered Assets | $ 3,107,847 |  |  |
Initial Cost to Company, Land | 1,672,416 |  |  |
Initial Cost to Company, Buildings and Improvements | 6,415,814 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 916,474 |  |  |
Total Cost, Land | 1,672,416 |  |  |
Total Cost, Buildings and Improvements | 7,332,288 |  |  |
Total | 9,004,704 | $ 8,214,566 | $ 6,705,982 | $ 5,916,933
Accumulated Depreciation | (939,724) | $ (666,710) | $ (416,044) | $ (206,262)
Net Cost Basis | 8,064,980 |  |  |
Aggregate cost of consolidated real estate for federal income tax purposes | $ 9,200,000 |  |  |
Albuquerque |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 212 |  |  |
Gross Book Value of Encumbered Assets | $ 0 |  |  |
Initial Cost to Company, Land | 6,485 |  |  |
Initial Cost to Company, Buildings and Improvements | 24,082 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 3,613 |  |  |
Total Cost, Land | 6,485 |  |  |
Total Cost, Buildings and Improvements | 27,695 |  |  |
Total | 34,180 |  |  |
Accumulated Depreciation | (4,583) |  |  |
Net Cost Basis | $ 29,597 |  |  |
Atlanta |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 4,533 |  |  |
Gross Book Value of Encumbered Assets | $ 161,001 |  |  |
Initial Cost to Company, Land | 136,796 |  |  |
Initial Cost to Company, Buildings and Improvements | 535,359 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 92,756 |  |  |
Total Cost, Land | 136,796 |  |  |
Total Cost, Buildings and Improvements | 628,115 |  |  |
Total | 764,911 |  |  |
Accumulated Depreciation | (69,476) |  |  |
Net Cost Basis | $ 695,435 |  |  |
Augusta |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 259 |  |  |
Gross Book Value of Encumbered Assets | $ 10,424 |  |  |
Initial Cost to Company, Land | 7,472 |  |  |
Initial Cost to Company, Buildings and Improvements | 30,156 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 4,477 |  |  |
Total Cost, Land | 7,472 |  |  |
Total Cost, Buildings and Improvements | 34,633 |  |  |
Total | 42,105 |  |  |
Accumulated Depreciation | (4,336) |  |  |
Net Cost Basis | $ 37,769 |  |  |
Austin |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 710 |  |  |
Gross Book Value of Encumbered Assets | $ 44,346 |  |  |
Initial Cost to Company, Land | 17,083 |  |  |
Initial Cost to Company, Buildings and Improvements | 78,103 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 14,393 |  |  |
Total Cost, Land | 17,083 |  |  |
Total Cost, Buildings and Improvements | 92,496 |  |  |
Total | 109,579 |  |  |
Accumulated Depreciation | (14,112) |  |  |
Net Cost Basis | $ 95,467 |  |  |
Bay Area |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 118 |  |  |
Gross Book Value of Encumbered Assets | $ 9,149 |  |  |
Initial Cost to Company, Land | 8,131 |  |  |
Initial Cost to Company, Buildings and Improvements | 23,231 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 2,111 |  |  |
Total Cost, Land | 8,131 |  |  |
Total Cost, Buildings and Improvements | 25,342 |  |  |
Total | 33,473 |  |  |
Accumulated Depreciation | (3,946) |  |  |
Net Cost Basis | $ 29,527 |  |  |
Boise |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 328 |  |  |
Gross Book Value of Encumbered Assets | $ 7,627 |  |  |
Initial Cost to Company, Land | 10,278 |  |  |
Initial Cost to Company, Buildings and Improvements | 35,532 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 4,036 |  |  |
Total Cost, Land | 10,278 |  |  |
Total Cost, Buildings and Improvements | 39,568 |  |  |
Total | 49,846 |  |  |
Accumulated Depreciation | (5,279) |  |  |
Net Cost Basis | $ 44,567 |  |  |
Central Valley |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 197 |  |  |
Gross Book Value of Encumbered Assets | $ 3,609 |  |  |
Initial Cost to Company, Land | 7,640 |  |  |
Initial Cost to Company, Buildings and Improvements | 24,138 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 2,896 |  |  |
Total Cost, Land | 7,640 |  |  |
Total Cost, Buildings and Improvements | 27,034 |  |  |
Total | 34,674 |  |  |
Accumulated Depreciation | (4,456) |  |  |
Net Cost Basis | $ 30,218 |  |  |
Charleston |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 979 |  |  |
Gross Book Value of Encumbered Assets | $ 80,083 |  |  |
Initial Cost to Company, Land | 35,563 |  |  |
Initial Cost to Company, Buildings and Improvements | 131,741 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 17,604 |  |  |
Total Cost, Land | 35,563 |  |  |
Total Cost, Buildings and Improvements | 149,345 |  |  |
Total | 184,908 |  |  |
Accumulated Depreciation | (15,284) |  |  |
Net Cost Basis | $ 169,624 |  |  |
Charlotte |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 3,430 |  |  |
Gross Book Value of Encumbered Assets | $ 289,328 |  |  |
Initial Cost to Company, Land | 125,217 |  |  |
Initial Cost to Company, Buildings and Improvements | 460,840 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 50,775 |  |  |
Total Cost, Land | 125,217 |  |  |
Total Cost, Buildings and Improvements | 511,615 |  |  |
Total | 636,832 |  |  |
Accumulated Depreciation | (52,675) |  |  |
Net Cost Basis | $ 584,157 |  |  |
Cincinnati |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 1,998 |  |  |
Gross Book Value of Encumbered Assets | $ 230,244 |  |  |
Initial Cost to Company, Land | 61,979 |  |  |
Initial Cost to Company, Buildings and Improvements | 246,025 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 37,895 |  |  |
Total Cost, Land | 61,979 |  |  |
Total Cost, Buildings and Improvements | 283,920 |  |  |
Total | 345,899 |  |  |
Accumulated Depreciation | (43,515) |  |  |
Net Cost Basis | $ 302,384 |  |  |
Colorado Springs |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 22 |  |  |
Gross Book Value of Encumbered Assets | $ 0 |  |  |
Initial Cost to Company, Land | 903 |  |  |
Initial Cost to Company, Buildings and Improvements | 2,952 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 632 |  |  |
Total Cost, Land | 903 |  |  |
Total Cost, Buildings and Improvements | 3,584 |  |  |
Total | 4,487 |  |  |
Accumulated Depreciation | (630) |  |  |
Net Cost Basis | $ 3,857 |  |  |
Columbia |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 297 |  |  |
Gross Book Value of Encumbered Assets | $ 32,775 |  |  |
Initial Cost to Company, Land | 6,903 |  |  |
Initial Cost to Company, Buildings and Improvements | 34,330 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 4,396 |  |  |
Total Cost, Land | 6,903 |  |  |
Total Cost, Buildings and Improvements | 38,726 |  |  |
Total | 45,629 |  |  |
Accumulated Depreciation | (6,007) |  |  |
Net Cost Basis | $ 39,622 |  |  |
Columbus |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 1,934 |  |  |
Gross Book Value of Encumbered Assets | $ 133,000 |  |  |
Initial Cost to Company, Land | 54,958 |  |  |
Initial Cost to Company, Buildings and Improvements | 228,831 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 38,533 |  |  |
Total Cost, Land | 54,958 |  |  |
Total Cost, Buildings and Improvements | 267,364 |  |  |
Total | 322,322 |  |  |
Accumulated Depreciation | (30,723) |  |  |
Net Cost Basis | $ 291,599 |  |  |
Corpus Christi |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 240 |  |  |
Gross Book Value of Encumbered Assets | $ 0 |  |  |
Initial Cost to Company, Land | 2,025 |  |  |
Initial Cost to Company, Buildings and Improvements | 36,504 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 3,048 |  |  |
Total Cost, Land | 2,025 |  |  |
Total Cost, Buildings and Improvements | 39,552 |  |  |
Total | 41,577 |  |  |
Accumulated Depreciation | (2,569) |  |  |
Net Cost Basis | $ 39,008 |  |  |
Dallas-Fort Worth |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 4,365 |  |  |
Gross Book Value of Encumbered Assets | $ 293,579 |  |  |
Initial Cost to Company, Land | 111,767 |  |  |
Initial Cost to Company, Buildings and Improvements | 515,282 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 83,566 |  |  |
Total Cost, Land | 111,767 |  |  |
Total Cost, Buildings and Improvements | 598,848 |  |  |
Total | 710,615 |  |  |
Accumulated Depreciation | (81,330) |  |  |
Net Cost Basis | $ 629,285 |  |  |
Denver |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 681 |  |  |
Gross Book Value of Encumbered Assets | $ 0 |  |  |
Initial Cost to Company, Land | 33,911 |  |  |
Initial Cost to Company, Buildings and Improvements | 138,528 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 16,498 |  |  |
Total Cost, Land | 33,911 |  |  |
Total Cost, Buildings and Improvements | 155,026 |  |  |
Total | 188,937 |  |  |
Accumulated Depreciation | (20,757) |  |  |
Net Cost Basis | $ 168,180 |  |  |
Fort Myers |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 6 |  |  |
Gross Book Value of Encumbered Assets | $ 635 |  |  |
Initial Cost to Company, Land | 172 |  |  |
Initial Cost to Company, Buildings and Improvements | 822 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 140 |  |  |
Total Cost, Land | 172 |  |  |
Total Cost, Buildings and Improvements | 962 |  |  |
Total | 1,134 |  |  |
Accumulated Depreciation | (150) |  |  |
Net Cost Basis | $ 984 |  |  |
Greater Chicago area, IL and IN |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 2,183 |  |  |
Gross Book Value of Encumbered Assets | $ 212,285 |  |  |
Initial Cost to Company, Land | 63,987 |  |  |
Initial Cost to Company, Buildings and Improvements | 259,439 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 54,384 |  |  |
Total Cost, Land | 63,987 |  |  |
Total Cost, Buildings and Improvements | 313,823 |  |  |
Total | 377,810 |  |  |
Accumulated Depreciation | (50,238) |  |  |
Net Cost Basis | $ 327,572 |  |  |
Greensboro |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 676 |  |  |
Gross Book Value of Encumbered Assets | $ 45,992 |  |  |
Initial Cost to Company, Land | 19,023 |  |  |
Initial Cost to Company, Buildings and Improvements | 86,646 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 9,617 |  |  |
Total Cost, Land | 19,023 |  |  |
Total Cost, Buildings and Improvements | 96,263 |  |  |
Total | 115,286 |  |  |
Accumulated Depreciation | (12,736) |  |  |
Net Cost Basis | $ 102,550 |  |  |
Greenville |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 673 |  |  |
Gross Book Value of Encumbered Assets | $ 74,723 |  |  |
Initial Cost to Company, Land | 16,797 |  |  |
Initial Cost to Company, Buildings and Improvements | 88,479 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 10,889 |  |  |
Total Cost, Land | 16,797 |  |  |
Total Cost, Buildings and Improvements | 99,368 |  |  |
Total | 116,165 |  |  |
Accumulated Depreciation | (14,075) |  |  |
Net Cost Basis | $ 102,090 |  |  |
Houston |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 3,162 |  |  |
Gross Book Value of Encumbered Assets | $ 180,216 |  |  |
Initial Cost to Company, Land | 65,774 |  |  |
Initial Cost to Company, Buildings and Improvements | 392,352 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 49,131 |  |  |
Total Cost, Land | 65,774 |  |  |
Total Cost, Buildings and Improvements | 441,483 |  |  |
Total | 507,257 |  |  |
Accumulated Depreciation | (57,157) |  |  |
Net Cost Basis | $ 450,100 |  |  |
Indianapolis |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 2,898 |  |  |
Gross Book Value of Encumbered Assets | $ 301,827 |  |  |
Initial Cost to Company, Land | 76,902 |  |  |
Initial Cost to Company, Buildings and Improvements | 308,729 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 53,573 |  |  |
Total Cost, Land | 76,902 |  |  |
Total Cost, Buildings and Improvements | 362,302 |  |  |
Total | 439,204 |  |  |
Accumulated Depreciation | (59,988) |  |  |
Net Cost Basis | $ 379,216 |  |  |
Inland Empire |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 347 |  |  |
Gross Book Value of Encumbered Assets | $ 0 |  |  |
Initial Cost to Company, Land | 32,142 |  |  |
Initial Cost to Company, Buildings and Improvements | 44,201 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 5,601 |  |  |
Total Cost, Land | 32,142 |  |  |
Total Cost, Buildings and Improvements | 49,802 |  |  |
Total | 81,944 |  |  |
Accumulated Depreciation | (4,572) |  |  |
Net Cost Basis | $ 77,372 |  |  |
Jacksonville |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 2,009 |  |  |
Gross Book Value of Encumbered Assets | $ 46,467 |  |  |
Initial Cost to Company, Land | 57,773 |  |  |
Initial Cost to Company, Buildings and Improvements | 232,925 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 40,941 |  |  |
Total Cost, Land | 57,773 |  |  |
Total Cost, Buildings and Improvements | 273,866 |  |  |
Total | 331,639 |  |  |
Accumulated Depreciation | (33,731) |  |  |
Net Cost Basis | $ 297,908 |  |  |
Knoxville |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 402 |  |  |
Gross Book Value of Encumbered Assets | $ 17,335 |  |  |
Initial Cost to Company, Land | 13,275 |  |  |
Initial Cost to Company, Buildings and Improvements | 63,909 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 5,607 |  |  |
Total Cost, Land | 13,275 |  |  |
Total Cost, Buildings and Improvements | 69,516 |  |  |
Total | 82,791 |  |  |
Accumulated Depreciation | (8,415) |  |  |
Net Cost Basis | $ 74,376 |  |  |
Las Vegas |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 1,023 |  |  |
Gross Book Value of Encumbered Assets | $ 21,599 |  |  |
Initial Cost to Company, Land | 30,784 |  |  |
Initial Cost to Company, Buildings and Improvements | 128,295 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 20,162 |  |  |
Total Cost, Land | 30,784 |  |  |
Total Cost, Buildings and Improvements | 148,457 |  |  |
Total | 179,241 |  |  |
Accumulated Depreciation | (24,593) |  |  |
Net Cost Basis | $ 154,648 |  |  |
Memphis |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 657 |  |  |
Gross Book Value of Encumbered Assets | $ 32,374 |  |  |
Initial Cost to Company, Land | 20,604 |  |  |
Initial Cost to Company, Buildings and Improvements | 74,689 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 11,754 |  |  |
Total Cost, Land | 20,604 |  |  |
Total Cost, Buildings and Improvements | 86,443 |  |  |
Total | 107,047 |  |  |
Accumulated Depreciation | (9,879) |  |  |
Net Cost Basis | $ 97,168 |  |  |
Miami |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 230 |  |  |
Gross Book Value of Encumbered Assets | $ 6,298 |  |  |
Initial Cost to Company, Land | 3,839 |  |  |
Initial Cost to Company, Buildings and Improvements | 28,568 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 5,821 |  |  |
Total Cost, Land | 3,839 |  |  |
Total Cost, Buildings and Improvements | 34,389 |  |  |
Total | 38,228 |  |  |
Accumulated Depreciation | (5,126) |  |  |
Net Cost Basis | $ 33,102 |  |  |
Milwaukee |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 125 |  |  |
Gross Book Value of Encumbered Assets | $ 0 |  |  |
Initial Cost to Company, Land | 7,375 |  |  |
Initial Cost to Company, Buildings and Improvements | 21,972 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 2,191 |  |  |
Total Cost, Land | 7,375 |  |  |
Total Cost, Buildings and Improvements | 24,163 |  |  |
Total | 31,538 |  |  |
Accumulated Depreciation | (4,246) |  |  |
Net Cost Basis | $ 27,292 |  |  |
Nashville |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 2,609 |  |  |
Gross Book Value of Encumbered Assets | $ 173,072 |  |  |
Initial Cost to Company, Land | 100,903 |  |  |
Initial Cost to Company, Buildings and Improvements | 389,959 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 42,514 |  |  |
Total Cost, Land | 100,903 |  |  |
Total Cost, Buildings and Improvements | 432,473 |  |  |
Total | 533,376 |  |  |
Accumulated Depreciation | (49,296) |  |  |
Net Cost Basis | $ 484,080 |  |  |
Oklahoma City |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 409 |  |  |
Gross Book Value of Encumbered Assets | $ 23,434 |  |  |
Initial Cost to Company, Land | 11,090 |  |  |
Initial Cost to Company, Buildings and Improvements | 57,309 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 6,829 |  |  |
Total Cost, Land | 11,090 |  |  |
Total Cost, Buildings and Improvements | 64,138 |  |  |
Total | 75,228 |  |  |
Accumulated Depreciation | (8,439) |  |  |
Net Cost Basis | $ 66,789 |  |  |
Orlando |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 1,649 |  |  |
Gross Book Value of Encumbered Assets | $ 21,876 |  |  |
Initial Cost to Company, Land | 58,701 |  |  |
Initial Cost to Company, Buildings and Improvements | 197,494 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 29,731 |  |  |
Total Cost, Land | 58,701 |  |  |
Total Cost, Buildings and Improvements | 227,225 |  |  |
Total | 285,926 |  |  |
Accumulated Depreciation | (28,545) |  |  |
Net Cost Basis | $ 257,381 |  |  |
Phoenix |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 2,827 |  |  |
Gross Book Value of Encumbered Assets | $ 57,762 |  |  |
Initial Cost to Company, Land | 120,022 |  |  |
Initial Cost to Company, Buildings and Improvements | 301,615 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 41,053 |  |  |
Total Cost, Land | 120,022 |  |  |
Total Cost, Buildings and Improvements | 342,668 |  |  |
Total | 462,690 |  |  |
Accumulated Depreciation | (42,429) |  |  |
Net Cost Basis | $ 420,261 |  |  |
Portland |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 215 |  |  |
Gross Book Value of Encumbered Assets | $ 24,218 |  |  |
Initial Cost to Company, Land | 15,145 |  |  |
Initial Cost to Company, Buildings and Improvements | 25,909 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 2,128 |  |  |
Total Cost, Land | 15,145 |  |  |
Total Cost, Buildings and Improvements | 28,037 |  |  |
Total | 43,182 |  |  |
Accumulated Depreciation | (4,354) |  |  |
Net Cost Basis | $ 38,828 |  |  |
Raleigh |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 2,043 |  |  |
Gross Book Value of Encumbered Assets | $ 207,559 |  |  |
Initial Cost to Company, Land | 69,670 |  |  |
Initial Cost to Company, Buildings and Improvements | 270,783 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 30,562 |  |  |
Total Cost, Land | 69,670 |  |  |
Total Cost, Buildings and Improvements | 301,345 |  |  |
Total | 371,015 |  |  |
Accumulated Depreciation | (36,881) |  |  |
Net Cost Basis | $ 334,134 |  |  |
Salt Lake City |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 1,239 |  |  |
Gross Book Value of Encumbered Assets | $ 151,170 |  |  |
Initial Cost to Company, Land | 72,655 |  |  |
Initial Cost to Company, Buildings and Improvements | 187,752 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 25,060 |  |  |
Total Cost, Land | 72,655 |  |  |
Total Cost, Buildings and Improvements | 212,812 |  |  |
Total | 285,467 |  |  |
Accumulated Depreciation | (28,039) |  |  |
Net Cost Basis | $ 257,428 |  |  |
San Antonio |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 1,025 |  |  |
Gross Book Value of Encumbered Assets | $ 71,851 |  |  |
Initial Cost to Company, Land | 30,848 |  |  |
Initial Cost to Company, Buildings and Improvements | 111,897 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 18,738 |  |  |
Total Cost, Land | 30,848 |  |  |
Total Cost, Buildings and Improvements | 130,635 |  |  |
Total | 161,483 |  |  |
Accumulated Depreciation | (17,305) |  |  |
Net Cost Basis | $ 144,178 |  |  |
Savannah/Hilton Head |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 793 |  |  |
Gross Book Value of Encumbered Assets | $ 35,327 |  |  |
Initial Cost to Company, Land | 25,369 |  |  |
Initial Cost to Company, Buildings and Improvements | 100,750 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 11,734 |  |  |
Total Cost, Land | 25,369 |  |  |
Total Cost, Buildings and Improvements | 112,484 |  |  |
Total | 137,853 |  |  |
Accumulated Depreciation | (9,123) |  |  |
Net Cost Basis | $ 128,730 |  |  |
Seattle |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 536 |  |  |
Gross Book Value of Encumbered Assets | $ 28,008 |  |  |
Initial Cost to Company, Land | 33,234 |  |  |
Initial Cost to Company, Buildings and Improvements | 90,799 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 6,051 |  |  |
Total Cost, Land | 33,234 |  |  |
Total Cost, Buildings and Improvements | 96,850 |  |  |
Total | 130,084 |  |  |
Accumulated Depreciation | (9,221) |  |  |
Net Cost Basis | $ 120,863 |  |  |
Tampa |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 2,034 |  |  |
Gross Book Value of Encumbered Assets | $ 31,594 |  |  |
Initial Cost to Company, Land | 73,724 |  |  |
Initial Cost to Company, Buildings and Improvements | 276,718 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 38,072 |  |  |
Total Cost, Land | 73,724 |  |  |
Total Cost, Buildings and Improvements | 314,790 |  |  |
Total | 388,514 |  |  |
Accumulated Depreciation | (40,488) |  |  |
Net Cost Basis | $ 348,026 |  |  |
Tucson |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 383 |  |  |
Gross Book Value of Encumbered Assets | $ 13,192 |  |  |
Initial Cost to Company, Land | 7,656 |  |  |
Initial Cost to Company, Buildings and Improvements | 37,037 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 7,450 |  |  |
Total Cost, Land | 7,656 |  |  |
Total Cost, Buildings and Improvements | 44,487 |  |  |
Total | 52,143 |  |  |
Accumulated Depreciation | (8,523) |  |  |
Net Cost Basis | $ 43,620 |  |  |
Winston Salem |  |  |  |
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 783 |  |  |
Gross Book Value of Encumbered Assets | $ 33,868 |  |  |
Initial Cost to Company, Land | 17,841 |  |  |
Initial Cost to Company, Buildings and Improvements | 91,132 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 9,512 |  |  |
Total Cost, Land | 17,841 |  |  |
Total Cost, Buildings and Improvements | 100,644 |  |  |
Total | 118,485 |  |  |
Accumulated Depreciation | (12,497) |  |  |
Net Cost Basis | $ 105,988 |  |  |

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