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Schedule III - Real Estate and Accumulated Depreciation - Schedule of Properties (Details) $ in Thousands | 12 Months Ended |  |  |
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Dec. 31, 2019 USD ($) single_family_property | Dec. 31, 2018 USD ($) | Dec. 31, 2017 USD ($) | Dec. 31, 2016 USD ($)
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 52,552 |  |  |
Gross Book Value of Encumbered Assets | $ 3,062,115 |  |  |
Initial Cost to Company, Land | 1,987,718 |  |  |
Initial Cost to Company, Buildings and Improvements | 6,821,619 |  |  |
Cost Capitalized Subsequent to Acquisition, Land | 37,577 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 1,198,607 |  |  |
Total Cost, Land | 2,025,295 |  |  |
Total Cost, Buildings and Improvements | 8,020,226 |  |  |
Total | 10,045,521 |  |  |
Accumulated Depreciation | (1,493,990) |  |  |
Net Cost Basis | 8,551,531 |  |  |
Aggregate cost of consolidated real estate for federal income tax purposes | $ 9,800,000 |  |  |
Single family homes |  |  |  |
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 51,365 |  |  |
Gross Book Value of Encumbered Assets | $ 3,062,115 |  |  |
Initial Cost to Company, Land | 1,756,504 |  |  |
Initial Cost to Company, Buildings and Improvements | 6,656,877 |  |  |
Cost Capitalized Subsequent to Acquisition, Land | 0 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 1,035,000 |  |  |
Total Cost, Land | 1,756,504 |  |  |
Total Cost, Buildings and Improvements | 7,691,877 |  |  |
Total | 9,448,381 | $ 9,197,096 | $ 8,968,901 | $ 8,127,136
Accumulated Depreciation | (1,462,105) | $ (1,176,499) | $ (939,724) | $ (666,710)
Net Cost Basis | $ 7,986,276 |  |  |
Single family homes | Albuquerque |  |  |  |
SEC Schedule, 12-28, Real Estate Companies, Investment in 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 | 6,481 |  |  |
Initial Cost to Company, Buildings and Improvements | 24,088 |  |  |
Cost Capitalized Subsequent to Acquisition, Land | 0 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 3,898 |  |  |
Total Cost, Land | 6,481 |  |  |
Total Cost, Buildings and Improvements | 27,986 |  |  |
Total | 34,467 |  |  |
Accumulated Depreciation | (6,832) |  |  |
Net Cost Basis | $ 27,635 |  |  |
Single family homes | Atlanta |  |  |  |
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 4,779 |  |  |
Gross Book Value of Encumbered Assets | $ 187,948 |  |  |
Initial Cost to Company, Land | 149,605 |  |  |
Initial Cost to Company, Buildings and Improvements | 596,259 |  |  |
Cost Capitalized Subsequent to Acquisition, Land | 0 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 109,350 |  |  |
Total Cost, Land | 149,605 |  |  |
Total Cost, Buildings and Improvements | 705,609 |  |  |
Total | 855,214 |  |  |
Accumulated Depreciation | (120,865) |  |  |
Net Cost Basis | $ 734,349 |  |  |
Single family homes | Austin |  |  |  |
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 752 |  |  |
Gross Book Value of Encumbered Assets | $ 35,168 |  |  |
Initial Cost to Company, Land | 27,404 |  |  |
Initial Cost to Company, Buildings and Improvements | 103,786 |  |  |
Cost Capitalized Subsequent to Acquisition, Land | 0 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 14,619 |  |  |
Total Cost, Land | 27,404 |  |  |
Total Cost, Buildings and Improvements | 118,405 |  |  |
Total | 145,809 |  |  |
Accumulated Depreciation | (20,006) |  |  |
Net Cost Basis | $ 125,803 |  |  |
Single family homes | Boise |  |  |  |
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 488 |  |  |
Gross Book Value of Encumbered Assets | $ 7,748 |  |  |
Initial Cost to Company, Land | 19,277 |  |  |
Initial Cost to Company, Buildings and Improvements | 62,664 |  |  |
Cost Capitalized Subsequent to Acquisition, Land | 0 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 8,426 |  |  |
Total Cost, Land | 19,277 |  |  |
Total Cost, Buildings and Improvements | 71,090 |  |  |
Total | 90,367 |  |  |
Accumulated Depreciation | (9,690) |  |  |
Net Cost Basis | $ 80,677 |  |  |
Single family homes | Charleston |  |  |  |
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 1,129 |  |  |
Gross Book Value of Encumbered Assets | $ 82,292 |  |  |
Initial Cost to Company, Land | 45,306 |  |  |
Initial Cost to Company, Buildings and Improvements | 155,807 |  |  |
Cost Capitalized Subsequent to Acquisition, Land | 0 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 22,603 |  |  |
Total Cost, Land | 45,306 |  |  |
Total Cost, Buildings and Improvements | 178,410 |  |  |
Total | 223,716 |  |  |
Accumulated Depreciation | (28,028) |  |  |
Net Cost Basis | $ 195,688 |  |  |
Single family homes | Charlotte |  |  |  |
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 3,681 |  |  |
Gross Book Value of Encumbered Assets | $ 283,765 |  |  |
Initial Cost to Company, Land | 137,465 |  |  |
Initial Cost to Company, Buildings and Improvements | 511,928 |  |  |
Cost Capitalized Subsequent to Acquisition, Land | 0 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 61,503 |  |  |
Total Cost, Land | 137,465 |  |  |
Total Cost, Buildings and Improvements | 573,431 |  |  |
Total | 710,896 |  |  |
Accumulated Depreciation | (94,715) |  |  |
Net Cost Basis | $ 616,181 |  |  |
Single family homes | Cincinnati |  |  |  |
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 1,973 |  |  |
Gross Book Value of Encumbered Assets | $ 234,411 |  |  |
Initial Cost to Company, Land | 61,147 |  |  |
Initial Cost to Company, Buildings and Improvements | 243,041 |  |  |
Cost Capitalized Subsequent to Acquisition, Land | 0 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 41,202 |  |  |
Total Cost, Land | 61,147 |  |  |
Total Cost, Buildings and Improvements | 284,243 |  |  |
Total | 345,390 |  |  |
Accumulated Depreciation | (65,787) |  |  |
Net Cost Basis | $ 279,603 |  |  |
Single family homes | Colorado Springs |  |  |  |
SEC Schedule, 12-28, Real Estate Companies, Investment in 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 | 2,953 |  |  |
Cost Capitalized Subsequent to Acquisition, Land | 0 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 745 |  |  |
Total Cost, Land | 903 |  |  |
Total Cost, Buildings and Improvements | 3,698 |  |  |
Total | 4,601 |  |  |
Accumulated Depreciation | (933) |  |  |
Net Cost Basis | $ 3,668 |  |  |
Single family homes | Columbus |  |  |  |
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 2,030 |  |  |
Gross Book Value of Encumbered Assets | $ 140,662 |  |  |
Initial Cost to Company, Land | 58,758 |  |  |
Initial Cost to Company, Buildings and Improvements | 245,575 |  |  |
Cost Capitalized Subsequent to Acquisition, Land | 0 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 45,201 |  |  |
Total Cost, Land | 58,758 |  |  |
Total Cost, Buildings and Improvements | 290,776 |  |  |
Total | 349,534 |  |  |
Accumulated Depreciation | (53,516) |  |  |
Net Cost Basis | $ 296,018 |  |  |
Single family homes | Dallas-Fort Worth |  |  |  |
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 4,314 |  |  |
Gross Book Value of Encumbered Assets | $ 286,018 |  |  |
Initial Cost to Company, Land | 110,494 |  |  |
Initial Cost to Company, Buildings and Improvements | 511,033 |  |  |
Cost Capitalized Subsequent to Acquisition, Land | 0 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 91,055 |  |  |
Total Cost, Land | 110,494 |  |  |
Total Cost, Buildings and Improvements | 602,088 |  |  |
Total | 712,582 |  |  |
Accumulated Depreciation | (126,394) |  |  |
Net Cost Basis | $ 586,188 |  |  |
Single family homes | Denver |  |  |  |
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 818 |  |  |
Gross Book Value of Encumbered Assets | $ 0 |  |  |
Initial Cost to Company, Land | 44,820 |  |  |
Initial Cost to Company, Buildings and Improvements | 175,049 |  |  |
Cost Capitalized Subsequent to Acquisition, Land | 0 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 21,681 |  |  |
Total Cost, Land | 44,820 |  |  |
Total Cost, Buildings and Improvements | 196,730 |  |  |
Total | 241,550 |  |  |
Accumulated Depreciation | (34,500) |  |  |
Net Cost Basis | $ 207,050 |  |  |
Single family homes | Greater Chicago area, IL and IN |  |  |  |
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 1,751 |  |  |
Gross Book Value of Encumbered Assets | $ 182,754 |  |  |
Initial Cost to Company, Land | 54,814 |  |  |
Initial Cost to Company, Buildings and Improvements | 216,787 |  |  |
Cost Capitalized Subsequent to Acquisition, Land | 0 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 47,908 |  |  |
Total Cost, Land | 54,814 |  |  |
Total Cost, Buildings and Improvements | 264,695 |  |  |
Total | 319,509 |  |  |
Accumulated Depreciation | (65,149) |  |  |
Net Cost Basis | $ 254,360 |  |  |
Single family homes | Greensboro |  |  |  |
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 704 |  |  |
Gross Book Value of Encumbered Assets | $ 52,939 |  |  |
Initial Cost to Company, Land | 20,088 |  |  |
Initial Cost to Company, Buildings and Improvements | 91,000 |  |  |
Cost Capitalized Subsequent to Acquisition, Land | 0 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 11,105 |  |  |
Total Cost, Land | 20,088 |  |  |
Total Cost, Buildings and Improvements | 102,105 |  |  |
Total | 122,193 |  |  |
Accumulated Depreciation | (20,584) |  |  |
Net Cost Basis | $ 101,609 |  |  |
Single family homes | Greenville |  |  |  |
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 663 |  |  |
Gross Book Value of Encumbered Assets | $ 72,135 |  |  |
Initial Cost to Company, Land | 16,540 |  |  |
Initial Cost to Company, Buildings and Improvements | 87,056 |  |  |
Cost Capitalized Subsequent to Acquisition, Land | 0 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 11,836 |  |  |
Total Cost, Land | 16,540 |  |  |
Total Cost, Buildings and Improvements | 98,892 |  |  |
Total | 115,432 |  |  |
Accumulated Depreciation | (21,483) |  |  |
Net Cost Basis | $ 93,949 |  |  |
Single family homes | Houston |  |  |  |
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 3,053 |  |  |
Gross Book Value of Encumbered Assets | $ 172,330 |  |  |
Initial Cost to Company, Land | 62,664 |  |  |
Initial Cost to Company, Buildings and Improvements | 377,934 |  |  |
Cost Capitalized Subsequent to Acquisition, Land | 0 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 61,206 |  |  |
Total Cost, Land | 62,664 |  |  |
Total Cost, Buildings and Improvements | 439,140 |  |  |
Total | 501,804 |  |  |
Accumulated Depreciation | (88,265) |  |  |
Net Cost Basis | $ 413,539 |  |  |
Single family homes | Indianapolis |  |  |  |
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 2,807 |  |  |
Gross Book Value of Encumbered Assets | $ 294,514 |  |  |
Initial Cost to Company, Land | 74,467 |  |  |
Initial Cost to Company, Buildings and Improvements | 299,548 |  |  |
Cost Capitalized Subsequent to Acquisition, Land | 0 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 56,824 |  |  |
Total Cost, Land | 74,467 |  |  |
Total Cost, Buildings and Improvements | 356,372 |  |  |
Total | 430,839 |  |  |
Accumulated Depreciation | (87,428) |  |  |
Net Cost Basis | $ 343,411 |  |  |
Single family homes | Inland Empire |  |  |  |
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 213 |  |  |
Gross Book Value of Encumbered Assets | $ 0 |  |  |
Initial Cost to Company, Land | 21,653 |  |  |
Initial Cost to Company, Buildings and Improvements | 25,725 |  |  |
Cost Capitalized Subsequent to Acquisition, Land | 0 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 3,814 |  |  |
Total Cost, Land | 21,653 |  |  |
Total Cost, Buildings and Improvements | 29,539 |  |  |
Total | 51,192 |  |  |
Accumulated Depreciation | (4,955) |  |  |
Net Cost Basis | $ 46,237 |  |  |
Single family homes | Jacksonville |  |  |  |
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 2,233 |  |  |
Gross Book Value of Encumbered Assets | $ 60,874 |  |  |
Initial Cost to Company, Land | 67,482 |  |  |
Initial Cost to Company, Buildings and Improvements | 275,213 |  |  |
Cost Capitalized Subsequent to Acquisition, Land | 0 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 50,605 |  |  |
Total Cost, Land | 67,482 |  |  |
Total Cost, Buildings and Improvements | 325,818 |  |  |
Total | 393,300 |  |  |
Accumulated Depreciation | (57,661) |  |  |
Net Cost Basis | $ 335,639 |  |  |
Single family homes | Knoxville |  |  |  |
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 391 |  |  |
Gross Book Value of Encumbered Assets | $ 17,339 |  |  |
Initial Cost to Company, Land | 12,868 |  |  |
Initial Cost to Company, Buildings and Improvements | 61,975 |  |  |
Cost Capitalized Subsequent to Acquisition, Land | 0 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 6,320 |  |  |
Total Cost, Land | 12,868 |  |  |
Total Cost, Buildings and Improvements | 68,295 |  |  |
Total | 81,163 |  |  |
Accumulated Depreciation | (13,337) |  |  |
Net Cost Basis | $ 67,826 |  |  |
Single family homes | Las Vegas |  |  |  |
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 1,041 |  |  |
Gross Book Value of Encumbered Assets | $ 21,811 |  |  |
Initial Cost to Company, Land | 32,701 |  |  |
Initial Cost to Company, Buildings and Improvements | 130,357 |  |  |
Cost Capitalized Subsequent to Acquisition, Land | 0 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 23,734 |  |  |
Total Cost, Land | 32,701 |  |  |
Total Cost, Buildings and Improvements | 154,091 |  |  |
Total | 186,792 |  |  |
Accumulated Depreciation | (35,978) |  |  |
Net Cost Basis | $ 150,814 |  |  |
Single family homes | Memphis |  |  |  |
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 656 |  |  |
Gross Book Value of Encumbered Assets | $ 16,961 |  |  |
Initial Cost to Company, Land | 21,069 |  |  |
Initial Cost to Company, Buildings and Improvements | 75,735 |  |  |
Cost Capitalized Subsequent to Acquisition, Land | 0 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 12,969 |  |  |
Total Cost, Land | 21,069 |  |  |
Total Cost, Buildings and Improvements | 88,704 |  |  |
Total | 109,773 |  |  |
Accumulated Depreciation | (16,798) |  |  |
Net Cost Basis | $ 92,975 |  |  |
Single family homes | Miami |  |  |  |
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 193 |  |  |
Gross Book Value of Encumbered Assets | $ 3,581 |  |  |
Initial Cost to Company, Land | 2,318 |  |  |
Initial Cost to Company, Buildings and Improvements | 22,156 |  |  |
Cost Capitalized Subsequent to Acquisition, Land | 0 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 5,082 |  |  |
Total Cost, Land | 2,318 |  |  |
Total Cost, Buildings and Improvements | 27,238 |  |  |
Total | 29,556 |  |  |
Accumulated Depreciation | (6,462) |  |  |
Net Cost Basis | $ 23,094 |  |  |
Single family homes | Milwaukee |  |  |  |
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 112 |  |  |
Gross Book Value of Encumbered Assets | $ 0 |  |  |
Initial Cost to Company, Land | 6,656 |  |  |
Initial Cost to Company, Buildings and Improvements | 19,685 |  |  |
Cost Capitalized Subsequent to Acquisition, Land | 0 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 2,142 |  |  |
Total Cost, Land | 6,656 |  |  |
Total Cost, Buildings and Improvements | 21,827 |  |  |
Total | 28,483 |  |  |
Accumulated Depreciation | (5,415) |  |  |
Net Cost Basis | $ 23,068 |  |  |
Single family homes | Nashville |  |  |  |
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 2,741 |  |  |
Gross Book Value of Encumbered Assets | $ 182,965 |  |  |
Initial Cost to Company, Land | 110,984 |  |  |
Initial Cost to Company, Buildings and Improvements | 418,100 |  |  |
Cost Capitalized Subsequent to Acquisition, Land | 0 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 50,719 |  |  |
Total Cost, Land | 110,984 |  |  |
Total Cost, Buildings and Improvements | 468,819 |  |  |
Total | 579,803 |  |  |
Accumulated Depreciation | (83,158) |  |  |
Net Cost Basis | $ 496,645 |  |  |
Single family homes | Orlando |  |  |  |
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 1,693 |  |  |
Gross Book Value of Encumbered Assets | $ 46,422 |  |  |
Initial Cost to Company, Land | 61,270 |  |  |
Initial Cost to Company, Buildings and Improvements | 209,732 |  |  |
Cost Capitalized Subsequent to Acquisition, Land | 0 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 34,622 |  |  |
Total Cost, Land | 61,270 |  |  |
Total Cost, Buildings and Improvements | 244,354 |  |  |
Total | 305,624 |  |  |
Accumulated Depreciation | (45,865) |  |  |
Net Cost Basis | $ 259,759 |  |  |
Single family homes | Phoenix |  |  |  |
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 3,088 |  |  |
Gross Book Value of Encumbered Assets | $ 55,867 |  |  |
Initial Cost to Company, Land | 132,646 |  |  |
Initial Cost to Company, Buildings and Improvements | 355,021 |  |  |
Cost Capitalized Subsequent to Acquisition, Land | 0 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 52,192 |  |  |
Total Cost, Land | 132,646 |  |  |
Total Cost, Buildings and Improvements | 407,213 |  |  |
Total | 539,859 |  |  |
Accumulated Depreciation | (71,872) |  |  |
Net Cost Basis | $ 467,987 |  |  |
Single family homes | Portland |  |  |  |
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 269 |  |  |
Gross Book Value of Encumbered Assets | $ 24,340 |  |  |
Initial Cost to Company, Land | 19,757 |  |  |
Initial Cost to Company, Buildings and Improvements | 39,575 |  |  |
Cost Capitalized Subsequent to Acquisition, Land | 0 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 2,821 |  |  |
Total Cost, Land | 19,757 |  |  |
Total Cost, Buildings and Improvements | 42,396 |  |  |
Total | 62,153 |  |  |
Accumulated Depreciation | (7,093) |  |  |
Net Cost Basis | $ 55,060 |  |  |
Single family homes | Raleigh |  |  |  |
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 2,062 |  |  |
Gross Book Value of Encumbered Assets | $ 211,957 |  |  |
Initial Cost to Company, Land | 70,699 |  |  |
Initial Cost to Company, Buildings and Improvements | 275,097 |  |  |
Cost Capitalized Subsequent to Acquisition, Land | 0 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 33,484 |  |  |
Total Cost, Land | 70,699 |  |  |
Total Cost, Buildings and Improvements | 308,581 |  |  |
Total | 379,280 |  |  |
Accumulated Depreciation | (60,149) |  |  |
Net Cost Basis | $ 319,131 |  |  |
Single family homes | Salt Lake City |  |  |  |
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 1,423 |  |  |
Gross Book Value of Encumbered Assets | $ 157,333 |  |  |
Initial Cost to Company, Land | 85,629 |  |  |
Initial Cost to Company, Buildings and Improvements | 228,651 |  |  |
Cost Capitalized Subsequent to Acquisition, Land | 0 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 35,135 |  |  |
Total Cost, Land | 85,629 |  |  |
Total Cost, Buildings and Improvements | 263,786 |  |  |
Total | 349,415 |  |  |
Accumulated Depreciation | (46,617) |  |  |
Net Cost Basis | $ 302,798 |  |  |
Single family homes | San Antonio |  |  |  |
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 1,012 |  |  |
Gross Book Value of Encumbered Assets | $ 59,252 |  |  |
Initial Cost to Company, Land | 30,561 |  |  |
Initial Cost to Company, Buildings and Improvements | 111,773 |  |  |
Cost Capitalized Subsequent to Acquisition, Land | 0 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 20,446 |  |  |
Total Cost, Land | 30,561 |  |  |
Total Cost, Buildings and Improvements | 132,219 |  |  |
Total | 162,780 |  |  |
Accumulated Depreciation | (27,507) |  |  |
Net Cost Basis | $ 135,273 |  |  |
Single family homes | Savannah/Hilton Head |  |  |  |
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 878 |  |  |
Gross Book Value of Encumbered Assets | $ 41,823 |  |  |
Initial Cost to Company, Land | 28,718 |  |  |
Initial Cost to Company, Buildings and Improvements | 114,908 |  |  |
Cost Capitalized Subsequent to Acquisition, Land | 0 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 14,577 |  |  |
Total Cost, Land | 28,718 |  |  |
Total Cost, Buildings and Improvements | 129,485 |  |  |
Total | 158,203 |  |  |
Accumulated Depreciation | (18,823) |  |  |
Net Cost Basis | $ 139,380 |  |  |
Single family homes | Seattle |  |  |  |
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 751 |  |  |
Gross Book Value of Encumbered Assets | $ 28,198 |  |  |
Initial Cost to Company, Land | 51,220 |  |  |
Initial Cost to Company, Buildings and Improvements | 142,807 |  |  |
Cost Capitalized Subsequent to Acquisition, Land | 0 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 11,479 |  |  |
Total Cost, Land | 51,220 |  |  |
Total Cost, Buildings and Improvements | 154,286 |  |  |
Total | 205,506 |  |  |
Accumulated Depreciation | (18,656) |  |  |
Net Cost Basis | $ 186,850 |  |  |
Single family homes | Tampa |  |  |  |
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 2,243 |  |  |
Gross Book Value of Encumbered Assets | $ 45,903 |  |  |
Initial Cost to Company, Land | 83,434 |  |  |
Initial Cost to Company, Buildings and Improvements | 313,145 |  |  |
Cost Capitalized Subsequent to Acquisition, Land | 0 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 46,896 |  |  |
Total Cost, Land | 83,434 |  |  |
Total Cost, Buildings and Improvements | 360,041 |  |  |
Total | 443,475 |  |  |
Accumulated Depreciation | (65,104) |  |  |
Net Cost Basis | $ 378,371 |  |  |
Single family homes | Tucson |  |  |  |
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 377 |  |  |
Gross Book Value of Encumbered Assets | $ 11,962 |  |  |
Initial Cost to Company, Land | 7,499 |  |  |
Initial Cost to Company, Buildings and Improvements | 36,753 |  |  |
Cost Capitalized Subsequent to Acquisition, Land | 0 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 7,926 |  |  |
Total Cost, Land | 7,499 |  |  |
Total Cost, Buildings and Improvements | 44,679 |  |  |
Total | 52,178 |  |  |
Accumulated Depreciation | (12,056) |  |  |
Net Cost Basis | $ 40,122 |  |  |
Single family homes | Winston Salem |  |  |  |
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 813 |  |  |
Gross Book Value of Encumbered Assets | $ 42,843 |  |  |
Initial Cost to Company, Land | 19,107 |  |  |
Initial Cost to Company, Buildings and Improvements | 95,961 |  |  |
Cost Capitalized Subsequent to Acquisition, Land | 0 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 10,875 |  |  |
Total Cost, Land | 19,107 |  |  |
Total Cost, Buildings and Improvements | 106,836 |  |  |
Total | 125,943 |  |  |
Accumulated Depreciation | (20,424) |  |  |
Net Cost Basis | $ 105,519 |  |  |
Properties under development & development land |  |  |  |
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 0 |  |  |
Gross Book Value of Encumbered Assets | $ 0 |  |  |
Initial Cost to Company, Land | 186,464 |  |  |
Initial Cost to Company, Buildings and Improvements | 0 |  |  |
Cost Capitalized Subsequent to Acquisition, Land | 37,577 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 131,386 |  |  |
Total Cost, Land | 224,041 |  |  |
Total Cost, Buildings and Improvements | 131,386 |  |  |
Total | 355,427 |  |  |
Accumulated Depreciation | 0 |  |  |
Net Cost Basis | $ 355,427 |  |  |
Single-family properties held for sale |  |  |  |
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items] |  |  |  |
Number of Single-Family Homes | single_family_property | 1,187 |  |  |
Gross Book Value of Encumbered Assets | $ 0 |  |  |
Initial Cost to Company, Land | 44,750 |  |  |
Initial Cost to Company, Buildings and Improvements | 164,742 |  |  |
Cost Capitalized Subsequent to Acquisition, Land | 0 |  |  |
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements | 32,221 |  |  |
Total Cost, Land | 44,750 |  |  |
Total Cost, Buildings and Improvements | 196,963 |  |  |
Total | 241,713 |  |  |
Accumulated Depreciation | (31,885) |  |  |
Net Cost Basis | $ 209,828 |  |  |

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