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Real Estate Assets, Net - Schedule of Real Estate Properties (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Property Subject to or Available for Operating Lease
Net book value	$ 8,245,388	$ 7,986,276
Development land	270,767	224,041
Single-family properties under development	239,598	131,386
Single-family properties held for sale, net	129,026	209,828
Total real estate assets, net	8,884,779	8,551,531
Single Family Homes
Property Subject to or Available for Operating Lease
Total real estate assets, net	8,884,779	8,551,531
Single Family Homes | Single-family properties recently acquired or developed
Property Subject to or Available for Operating Lease
Net book value	66,857	88,181
Single Family Homes | Single-family properties in turnover process
Property Subject to or Available for Operating Lease
Net book value	149,684	308,008
Single Family Homes | Occupied single-family properties
Property Subject to or Available for Operating Lease
Net book value	7,957,513	7,534,627
Single Family Homes | Single-family properties leased, not yet occupied
Property Subject to or Available for Operating Lease
Net book value	$ 71,334	$ 55,460

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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.

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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))
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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.

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Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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-Name Accounting Standards Codification
-Topic 944
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