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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenues:        
Rents and other single-family property revenues $ 307,932 $ 293,064 $ 875,963 $ 850,672
Other 2,877 5,240 7,538 8,696
Total revenues 310,809 298,304 883,501 859,368
Expenses:        
General and administrative expense 12,570 11,107 35,329 31,028
Interest expense 29,267 31,465 88,540 95,951
Acquisition and other transaction costs 1,616 651 5,719 2,455
Depreciation and amortization 86,996 82,073 254,653 246,074
Other 4,479 2,610 11,992 5,148
Total expenses 283,078 270,424 807,852 776,808
Gain on sale of single-family properties and other, net 12,422 13,521 33,838 32,895
Loss on early extinguishment of debt 0 0 0 (659)
Net income 40,153 41,401 109,487 114,796
Noncontrolling interest 3,819 4,099 9,976 11,129
Dividends on preferred shares 13,782 13,782 41,346 41,346
Net income attributable to common shareholders $ 22,552 $ 23,520 $ 58,165 $ 62,321
Weighted-average common shares outstanding:        
Basic (in shares) 308,080,226 300,580,978 303,319,053 298,974,146
Diluted (in shares) 308,541,502 301,032,855 303,775,556 299,479,234
Net income attributable to common shareholders per share:        
Basic (in dollars per share) $ 0.07 $ 0.08 $ 0.19 $ 0.21
Diluted (in dollars per share) $ 0.07 $ 0.08 $ 0.19 $ 0.21
American Homes 4 Rent, L.P.        
Revenues:        
Rents and other single-family property revenues $ 307,932 $ 293,064 $ 875,963 $ 850,672
Other 2,877 5,240 7,538 8,696
Total revenues 310,809 298,304 883,501 859,368
Expenses:        
General and administrative expense 12,570 11,107 35,329 31,028
Interest expense 29,267 31,465 88,540 95,951
Acquisition and other transaction costs 1,616 651 5,719 2,455
Depreciation and amortization 86,996 82,073 254,653 246,074
Other 4,479 2,610 11,992 5,148
Total expenses 283,078 270,424 807,852 776,808
Gain on sale of single-family properties and other, net 12,422 13,521 33,838 32,895
Loss on early extinguishment of debt 0 0 0 (659)
Net income 40,153 41,401 109,487 114,796
Dividends on preferred shares 13,782 13,782 41,346 41,346
Net income attributable to common shareholders $ 26,371 $ 27,619 $ 68,141 $ 73,450
Weighted-average common shares outstanding:        
Basic (in shares) 360,107,206 352,714,480 355,346,033 352,362,220
Diluted (in shares) 360,568,482 353,166,357 355,802,536 352,867,308
Net income attributable to common shareholders per share:        
Basic (in dollars per share) $ 0.07 $ 0.08 $ 0.19 $ 0.21
Diluted (in dollars per share) $ 0.07 $ 0.08 $ 0.19 $ 0.21
Property operating expenses        
Expenses:        
Cost of goods and services sold $ 126,174 $ 119,791 $ 344,107 $ 331,066
Property operating expenses | American Homes 4 Rent, L.P.        
Expenses:        
Cost of goods and services sold 126,174 119,791 344,107 331,066
Property management expenses        
Expenses:        
Cost of goods and services sold 21,976 22,727 67,512 65,086
Property management expenses | American Homes 4 Rent, L.P.        
Expenses:        
Cost of goods and services sold $ 21,976 $ 22,727 $ 67,512 $ 65,086