XML 62 R49.htm IDEA: XBRL DOCUMENT v3.21.1
Debt - Schedule of Debt (Details) - USD ($)
3 Months Ended
Apr. 15, 2021
Mar. 31, 2021
Mar. 31, 2020
Dec. 31, 2020
Debt Instrument [Line Items]        
Debt, gross   $ 2,922,374,000   $ 2,848,492,000
Unamortized discounts on unsecured senior notes   (3,537,000)   (3,658,000)
Deferred financing costs, net   (25,960,000)   (27,422,000)
Total debt per balance sheet   2,892,877,000   2,817,412,000
Amortization of financing costs   1,829,000 $ 1,849,000  
Asset-backed Securitizations, Unsecured Senior Notes and Term Loan Facility        
Debt Instrument [Line Items]        
Amortization of financing costs   1,500,000 $ 1,500,000  
Secured Debt        
Debt Instrument [Line Items]        
Debt, gross   $ 1,942,374,000   1,948,492,000
Secured Debt | 2014-SFR 2        
Debt Instrument [Line Items]        
Interest Rate   4.42%    
Debt, gross   $ 478,399,000   479,981,000
Secured Debt | 2014-SFR 3        
Debt Instrument [Line Items]        
Interest Rate   4.40%    
Debt, gross   $ 493,862,000   495,392,000
Secured Debt | 2015-SFR 1        
Debt Instrument [Line Items]        
Interest Rate   4.14%    
Debt, gross   $ 519,255,000   520,957,000
Secured Debt | 2015-SFR 2        
Debt Instrument [Line Items]        
Interest Rate   4.36%    
Debt, gross   $ 450,858,000   452,162,000
Senior Notes | 2028 unsecured senior notes, net        
Debt Instrument [Line Items]        
Interest Rate   4.25%    
Effective interest rate   4.08%    
Debt, gross   $ 500,000,000   500,000,000
Senior Notes | 2029 unsecured senior notes, net        
Debt Instrument [Line Items]        
Interest Rate   4.90%    
Debt, gross   $ 400,000,000   400,000,000
Line of Credit | Revolving Credit Facility        
Debt Instrument [Line Items]        
Interest Rate   1.31%    
Debt, gross   $ 80,000,000   0
Maximum borrowing capacity   800,000,000.0    
Outstanding letters of credit   $ 1,500,000   $ 1,500,000
Line of Credit | Revolving Credit Facility | Subsequent Event        
Debt Instrument [Line Items]        
Maximum borrowing capacity $ 1,250,000,000      
Line of Credit | Revolving Credit Facility | LIBOR        
Debt Instrument [Line Items]        
Debt instrument, basis spread on variable rate   1.20%    
Line of Credit | Revolving Credit Facility | LIBOR | Subsequent Event        
Debt Instrument [Line Items]        
Debt instrument, basis spread on variable rate 1.00%