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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenues:        
Rents and other single-family property revenues $ 293,064 $ 278,187 $ 850,672 $ 797,732
Other 5,240 1,865 8,696 4,807
Total revenues 298,304 280,052 859,368 802,539
Expenses:        
General and administrative expense 11,107 9,265 31,028 28,173
Interest expense 31,465 30,930 95,951 92,209
Acquisition and other transaction costs 651 1,055 2,455 3,687
Depreciation and amortization 82,073 79,940 246,074 237,562
Other 2,610 1,069 5,148 3,520
Total expenses 270,424 254,724 776,808 735,049
Gain on sale of single-family properties and other, net 13,521 4,953 32,895 10,449
Loss on early extinguishment of debt 0 0 (659) (1,447)
Remeasurement of participating preferred shares 0 0 0 1,212
Net income 41,401 30,281 114,796 77,704
Noncontrolling interest 4,099 2,881 11,129 845
Dividends on preferred shares 13,782 12,223 41,346 38,804
Redemption of participating preferred shares 0 0 0 32,215
Net income attributable to common shareholders $ 23,520 $ 15,177 $ 62,321 $ 5,840
Weighted-average common shares outstanding:        
Basic (in shares) 300,580,978 296,214,509 298,974,146 292,656,914
Diluted (in shares) 301,032,855 296,967,649 299,479,234 293,319,245
Net income attributable to common shareholders per share:        
Basic (in dollars per share) $ 0.08 $ 0.05 $ 0.21 $ 0.02
Diluted (in dollars per share) $ 0.08 $ 0.05 $ 0.21 $ 0.02
American Homes 4 Rent, L.P.        
Revenues:        
Rents and other single-family property revenues $ 293,064 $ 278,187 $ 850,672 $ 797,732
Other 5,240 1,865 8,696 4,807
Total revenues 298,304 280,052 859,368 802,539
Expenses:        
General and administrative expense 11,107 9,265 31,028 28,173
Interest expense 31,465 30,930 95,951 92,209
Acquisition and other transaction costs 651 1,055 2,455 3,687
Depreciation and amortization 82,073 79,940 246,074 237,562
Other 2,610 1,069 5,148 3,520
Total expenses 270,424 254,724 776,808 735,049
Gain on sale of single-family properties and other, net 13,521 4,953 32,895 10,449
Loss on early extinguishment of debt 0 0 (659) (1,447)
Remeasurement of participating preferred shares 0 0 0 1,212
Net income 41,401 30,281 114,796 77,704
Noncontrolling interest 0 0 0 (259)
Dividends on preferred shares 13,782 12,223 41,346 38,804
Redemption of participating preferred shares 0 0 0 32,215
Net income attributable to common shareholders $ 27,619 $ 18,058 $ 73,450 $ 6,944
Weighted-average common shares outstanding:        
Basic (in shares) 352,714,480 351,564,662 352,362,220 348,007,067
Diluted (in shares) 353,166,357 352,317,802 352,867,308 348,669,398
Net income attributable to common shareholders per share:        
Basic (in dollars per share) $ 0.08 $ 0.05 $ 0.21 $ 0.02
Diluted (in dollars per share) $ 0.08 $ 0.05 $ 0.21 $ 0.02
Property operating expenses        
Expenses:        
Cost of goods and services sold $ 119,791 $ 113,600 $ 331,066 $ 313,430
Property operating expenses | American Homes 4 Rent, L.P.        
Expenses:        
Cost of goods and services sold 119,791 113,600 331,066 313,430
Property management expenses        
Expenses:        
Cost of goods and services sold 22,727 18,865 65,086 56,468
Property management expenses | American Homes 4 Rent, L.P.        
Expenses:        
Cost of goods and services sold $ 22,727 $ 18,865 $ 65,086 $ 56,468