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Real Estate Assets, Net - Components of Single-Family Properties (Details) - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Property Subject to or Available for Operating Lease    
Single-family properties in operation, net $ 8,096,223 $ 7,986,276
Development land 237,169 224,041
Single-family properties under development 215,958 131,386
Single-family properties held for sale, net 171,622 209,828
Total real estate assets, net 8,720,972 8,551,531
Single Family Homes    
Property Subject to or Available for Operating Lease    
Total real estate assets, net 8,720,972 8,551,531
Single Family Homes | Single-family properties recently acquired    
Property Subject to or Available for Operating Lease    
Single-family properties in operation, net 31,669 88,181
Single Family Homes | Single-family properties in turnover process    
Property Subject to or Available for Operating Lease    
Single-family properties in operation, net 188,299 308,008
Single Family Homes | Occupied single-family properties    
Property Subject to or Available for Operating Lease    
Single-family properties in operation, net 7,775,254 7,534,627
Single Family Homes | Single-family properties leased, not yet occupied    
Property Subject to or Available for Operating Lease    
Single-family properties in operation, net $ 101,001 $ 55,460