XML 18 R4.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenues [Abstract]        
Rents and other single-family property revenues $ 313,654 $ 280,689 $ 626,227 $ 568,031
Expenses:        
General and administrative expense 12,793 11,493 27,998 22,759
Interest expense 27,528 29,558 55,533 59,273
Acquisition and other transaction costs 2,968 1,956 7,814 4,103
Depreciation and amortization 91,117 84,836 181,188 167,657
Total expenses 273,400 260,539 553,920 517,261
Gain on sale and impairment of single-family properties and other, net 10,760 9,997 26,829 16,316
Other income and expense, net 800 1,660 1,599 2,248
Net income 51,814 31,807 100,735 69,334
Noncontrolling interest 3,218 2,656 8,143 6,157
Dividends on preferred shares 12,615 13,782 26,397 27,564
Redemption of perpetual preferred shares 15,879 0 15,879 0
Net income attributable to common shareholders $ 20,102 $ 15,369 $ 50,316 $ 35,613
Weighted-average common shares outstanding:        
Basic (in shares) 319,752,730 301,011,545 318,380,175 300,912,307
Diluted (in shares) 320,808,996 301,412,243 319,408,153 301,358,769
Net income attributable to common shareholders per share:        
Basic (in dollars per share) $ 0.06 $ 0.05 $ 0.16 $ 0.12
Diluted (in dollars per share) $ 0.06 $ 0.05 $ 0.16 $ 0.12
American Homes 4 Rent, L.P.        
Revenues [Abstract]        
Rents and other single-family property revenues $ 313,654 $ 280,689 $ 626,227 $ 568,031
Expenses:        
General and administrative expense 12,793 11,493 27,998 22,759
Interest expense 27,528 29,558 55,533 59,273
Acquisition and other transaction costs 2,968 1,956 7,814 4,103
Depreciation and amortization 91,117 84,836 181,188 167,657
Total expenses 273,400 260,539 553,920 517,261
Gain on sale and impairment of single-family properties and other, net 10,760 9,997 26,829 16,316
Other income and expense, net 800 1,660 1,599 2,248
Net income 51,814 31,807 100,735 69,334
Dividends on preferred shares 12,615 13,782 26,397 27,564
Redemption of perpetual preferred shares 15,879 0 15,879 0
Net income attributable to common shareholders $ 23,320 $ 18,025 $ 58,459 $ 41,770
Weighted-average common shares outstanding:        
Basic (in shares) 371,129,710 353,038,525 369,900,249 352,939,287
Diluted (in shares) 372,185,976 353,439,223 370,928,227 353,385,749
Net income attributable to common shareholders per share:        
Basic (in dollars per share) $ 0.06 $ 0.05 $ 0.16 $ 0.12
Diluted (in dollars per share) $ 0.06 $ 0.05 $ 0.16 $ 0.12
Property operating expenses        
Expenses:        
Cost of goods and services sold $ 116,578 $ 110,436 $ 235,272 $ 217,933
Property operating expenses | American Homes 4 Rent, L.P.        
Expenses:        
Cost of goods and services sold 116,578 110,436 235,272 217,933
Property management expenses        
Expenses:        
Cost of goods and services sold 22,416 22,260 46,115 45,536
Property management expenses | American Homes 4 Rent, L.P.        
Expenses:        
Cost of goods and services sold $ 22,416 $ 22,260 $ 46,115 $ 45,536