XML 81 R66.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidating Financial Statements - Statements of Operations (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Revenues:    
Rents from single-family properties $ 218,023 $ 201,107
Fees from single-family properties 2,833 2,604
Tenant charge-backs 35,807 28,373
Other 1,341 1,670
Total revenues 258,004 233,754
Expenses:    
Property operating expenses 100,987 83,305
Property management expenses 18,987 17,478
General and administrative expense 9,231 9,295
Interest expense 29,301 31,889
Acquisition fees and costs expensed 1,311 1,096
Depreciation and amortization 79,303 73,953
Other 827 1,558
Total expenses 239,947 218,574
Gain on sale of single-family properties and other, net 2,256 2,026
Remeasurement of participating preferred units 1,212 (5,410)
Net income 21,525 11,796
Noncontrolling interest 1,114 (301)
Preferred distributions 14,597 13,587
Net income (loss) attributable to common shareholders/unitholders 5,814 (1,490)
American Homes 4 Rent, L.P.    
Revenues:    
Rents from single-family properties 218,023 201,107
Fees from single-family properties 2,833 2,604
Tenant charge-backs 35,807 28,373
Other 1,341 1,670
Total revenues 258,004 233,754
Expenses:    
Property operating expenses 100,987 83,305
Property management expenses 18,987 17,478
General and administrative expense 9,231 9,295
Interest expense 29,301 31,889
Acquisition fees and costs expensed 1,311 1,096
Depreciation and amortization 79,303 73,953
Hurricane-related charges, net 0  
Other 827 1,558
Total expenses 239,947 218,574
Intercompany income 0 0
Intercompany expenses 0 0
Gain on sale of single-family properties and other, net 2,256 2,026
Remeasurement of participating preferred units 1,212 (5,410)
Equity in income of subsidiaries 0 0
Net income 21,525 11,796
Noncontrolling interest (11) 38
Preferred distributions 14,597 13,587
Redemption of participating preferred units 0  
Net income (loss) attributable to common shareholders/unitholders 6,939 (1,829)
American Homes 4 Rent, L.P. | Reportable Legal Entities | American Homes 4 Rent, L.P. (Parent Company)    
Revenues:    
Rents from single-family properties 0 0
Fees from single-family properties 0 0
Tenant charge-backs 0 0
Other 334 386
Total revenues 334 386
Expenses:    
Property operating expenses 0 0
Property management expenses 0 0
General and administrative expense 5,937 4,994
Interest expense 6,257 3,328
Acquisition fees and costs expensed 0 355
Depreciation and amortization 297 409
Hurricane-related charges, net 0  
Other 95 99
Total expenses 12,586 9,185
Intercompany income 451 76
Intercompany expenses (57) (148)
Gain on sale of single-family properties and other, net 0 3,031
Remeasurement of participating preferred units 1,212 (5,410)
Equity in income of subsidiaries 32,182 23,008
Net income 21,536 11,758
Noncontrolling interest 0 0
Preferred distributions 14,597 13,587
Redemption of participating preferred units 0  
Net income (loss) attributable to common shareholders/unitholders 6,939 (1,829)
American Homes 4 Rent, L.P. | Reportable Legal Entities | American Residential Properties OP, L.P. (Guarantor Subsidiary)    
Revenues:    
Rents from single-family properties 22 102
Fees from single-family properties 0 1
Tenant charge-backs 3 7
Other 0 0
Total revenues 25 110
Expenses:    
Property operating expenses 3 48
Property management expenses 3 6
General and administrative expense 1 2
Interest expense 1,835 1,774
Acquisition fees and costs expensed 0 0
Depreciation and amortization 0 2
Hurricane-related charges, net 0  
Other 9 1
Total expenses 1,851 1,833
Intercompany income 0 0
Intercompany expenses 0 0
Gain on sale of single-family properties and other, net 435 (1,460)
Remeasurement of participating preferred units 0 0
Equity in income of subsidiaries 10,232 9,237
Net income 8,841 6,054
Noncontrolling interest 0 0
Preferred distributions 0 0
Redemption of participating preferred units 0  
Net income (loss) attributable to common shareholders/unitholders 8,841 6,054
American Homes 4 Rent, L.P. | Reportable Legal Entities | Combined Non-Guarantor Subsidiaries    
Revenues:    
Rents from single-family properties 218,001 201,005
Fees from single-family properties 2,833 2,603
Tenant charge-backs 35,804 28,366
Other 1,007 1,284
Total revenues 257,645 233,258
Expenses:    
Property operating expenses 100,984 83,257
Property management expenses 18,984 17,472
General and administrative expense 3,293 4,299
Interest expense 21,209 26,787
Acquisition fees and costs expensed 1,311 741
Depreciation and amortization 79,006 73,542
Hurricane-related charges, net 0  
Other 723 1,458
Total expenses 225,510 207,556
Intercompany income 57 148
Intercompany expenses (451) (76)
Gain on sale of single-family properties and other, net 1,821 455
Remeasurement of participating preferred units 0 0
Equity in income of subsidiaries 0 0
Net income 33,562 26,229
Noncontrolling interest (11) 38
Preferred distributions 0 0
Redemption of participating preferred units 0  
Net income (loss) attributable to common shareholders/unitholders 33,573 26,191
American Homes 4 Rent, L.P. | Consolidating Adjustments    
Revenues:    
Rents from single-family properties 0 0
Fees from single-family properties 0 0
Tenant charge-backs 0 0
Other 0 0
Total revenues 0 0
Expenses:    
Property operating expenses 0 0
Property management expenses 0 0
General and administrative expense 0 0
Interest expense 0 0
Acquisition fees and costs expensed 0 0
Depreciation and amortization 0 0
Hurricane-related charges, net 0  
Other 0 0
Total expenses 0 0
Intercompany income (508) (224)
Intercompany expenses 508 224
Gain on sale of single-family properties and other, net 0 0
Remeasurement of participating preferred units 0 0
Equity in income of subsidiaries (42,414) (32,245)
Net income (42,414) (32,245)
Noncontrolling interest 0 0
Preferred distributions 0 0
Redemption of participating preferred units 0  
Net income (loss) attributable to common shareholders/unitholders $ (42,414) $ (32,245)