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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenues:        
Rents and other single-family property revenues $ 280,689 $ 279,914 $ 568,031 $ 557,608
Other 2,409 1,946 4,661 3,456
Total revenues 283,098 281,860 572,692 561,064
Expenses:        
General and administrative expense 11,493 10,486 22,759 19,921
Interest expense 29,558 32,571 59,273 64,486
Acquisition and other transaction costs 1,956 970 4,103 1,804
Depreciation and amortization 84,836 82,840 167,657 164,001
Other 1,403 1,514 7,513 2,538
Total expenses 261,942 254,622 524,774 506,384
Gain on sale of single-family properties and other, net 10,651 13,725 21,416 19,374
Loss on early extinguishment of debt 0 (659) 0 (659)
Net income 31,807 40,304 69,334 73,395
Noncontrolling interest 2,656 4,004 6,157 7,030
Dividends on preferred shares 13,782 13,782 27,564 27,564
Net income attributable to common shareholders $ 15,369 $ 22,518 $ 35,613 $ 38,801
Weighted-average common shares outstanding:        
Basic (in shares) 301,011,545 299,466,526 300,912,307 298,157,413
Diluted (in shares) 301,412,243 299,991,084 301,358,769 298,676,788
Net income attributable to common shareholders per share:        
Basic (in dollars per share) $ 0.05 $ 0.08 $ 0.12 $ 0.13
Diluted (in dollars per share) $ 0.05 $ 0.08 $ 0.12 $ 0.13
American Homes 4 Rent, L.P.        
Revenues:        
Rents and other single-family property revenues $ 280,689 $ 279,914 $ 568,031 $ 557,608
Other 2,409 1,946 4,661 3,456
Total revenues 283,098 281,860 572,692 561,064
Expenses:        
General and administrative expense 11,493 10,486 22,759 19,921
Interest expense 29,558 32,571 59,273 64,486
Acquisition and other transaction costs 1,956 970 4,103 1,804
Depreciation and amortization 84,836 82,840 167,657 164,001
Other 1,403 1,514 7,513 2,538
Total expenses 261,942 254,622 524,774 506,384
Gain on sale of single-family properties and other, net 10,651 13,725 21,416 19,374
Loss on early extinguishment of debt 0 (659) 0 (659)
Net income 31,807 40,304 69,334 73,395
Dividends on preferred shares 13,782 13,782 27,564 27,564
Net income attributable to common shareholders $ 18,025 $ 26,522 $ 41,770 $ 45,831
Weighted-average common shares outstanding:        
Basic (in shares) 353,038,525 352,363,754 352,939,287 352,183,171
Diluted (in shares) 353,439,223 352,888,312 353,385,749 352,702,546
Net income attributable to common shareholders per share:        
Basic (in dollars per share) $ 0.05 $ 0.08 $ 0.12 $ 0.13
Diluted (in dollars per share) $ 0.05 $ 0.08 $ 0.12 $ 0.13
Property operating expenses        
Expenses:        
Cost of goods and services sold $ 110,436 $ 104,591 $ 217,933 $ 211,275
Property operating expenses | American Homes 4 Rent, L.P.        
Expenses:        
Cost of goods and services sold 110,436 104,591 217,933 211,275
Property management expenses        
Expenses:        
Cost of goods and services sold 22,260 21,650 45,536 42,359
Property management expenses | American Homes 4 Rent, L.P.        
Expenses:        
Cost of goods and services sold $ 22,260 $ 21,650 $ 45,536 $ 42,359