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Real Estate Assets, Net - Schedule of Real Estate Properties (Details) - USD ($) $ in Thousands | Dec. 31, 2019 | Dec. 31, 2018
--- | --- | ---
Property Subject to or Available for Operating Lease |  |
Net book value | $ 7,986,276 | $ 8,020,597
Development land | 224,041 | 97,207
Single-family properties under development | 131,386 | 56,444
Single-family properties held for sale, net | 209,828 | 318,327
Total real estate assets, net | 8,551,531 | 8,492,575
Single family homes |  |
Property Subject to or Available for Operating Lease |  |
Total real estate assets, net | 8,551,531 | 8,492,575
Single family homes | Single-family properties recently acquired |  |
Property Subject to or Available for Operating Lease |  |
Net book value | 88,181 | 212,870
Single family homes | Single-family properties in turnover process |  |
Property Subject to or Available for Operating Lease |  |
Net book value | 308,008 | 294,093
Single family homes | Occupied single-family properties |  |
Property Subject to or Available for Operating Lease |  |
Net book value | 7,534,627 | 7,448,330
Single family homes | Single-family properties leased, not yet occupied |  |
Property Subject to or Available for Operating Lease |  |
Net book value | $ 55,460 | $ 65,304

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- Definition Carrying amount as of the balance sheet date of investments in land and buildings held for sale, excluding real estate considered to be inventory of the entity. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.1(f)) -URI http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910 + Details
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- Definition Amount of real estate investment property, net of accumulated depreciation, which may include the following: (1) land available-for-sale; (2) land available-for-development; (3) investments in building and building improvements; (4) tenant allowances; (5) developments in-process; (6) rental properties; and (7) other real estate investments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.1(d)) -URI http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910 + Details
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- Definition Amount of real estate investments, net of accumulated depreciation, which may include the following: (1) land available-for-sale; (2) land available-for-development; (3) investments in building and building improvements; (4) tenant allowances; (5) developments in-process; (6) rental properties; (7) other real estate investments; (8) real estate joint ventures; and (9) unconsolidated real estate and other joint ventures not separately presented. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.1(d)) -URI http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910 + Details
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