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Real Estate Assets, Net - Additional Information (Details) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2021 USD ($) property | Jun. 30, 2020 USD ($) property | Jun. 30, 2021 USD ($) property | Jun. 30, 2020 USD ($) property
Property Subject to or Available for Operating Lease |  |  |  |
Depreciation expense | $ 87,400 | $ 81,600 | $ 173,700 | $ 161,400
Single Family Homes |  |  |  |
Single-family properties: |  |  |  |
Properties sold | property | 97 | 216 | 277 | 626
Net proceeds | $ 28,092 | $ 47,626 | $ 74,132 | $ 128,812
Net gain on sale | 11,422 | 10,651 | 26,772 | 24,409
Land: |  |  |  |
Net proceeds | 55 | 0 | 319 | 71
Net (loss) gain on sale | $ (62) | $ 0 | $ (139) | $ 7

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- Definition The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123570139&loc=d3e3602-108585 + Details
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