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Schedule III - Real Estate and Accumulated Depreciation
 12 Months Ended
Dec. 31, 2021
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract]  
Schedule III - Real Estate and Accumulated Depreciation
Schedule III—Real Estate and Accumulated Depreciation as of December 31, 2021
(Amounts in thousands, except number of single-family homes)Initial Cost to CompanyCost Capitalized Subsequent to Acquisition
Total Cost
as of December 31, 2021 (1)
MarketNumber of Single-Family HomesGross Book Value of Encumbered AssetsLandBuildings and ImprovementsLandBuildings and ImprovementsLandBuildings and ImprovementsTotalAccumulated DepreciationNet Cost BasisDate of Acquisition
Single-family properties in operation
Albuquerque, NM239$— $7,961 $30,578 $— $4,743 $7,961 $35,321 $43,282 $(9,046)$34,236 2013-2021
Atlanta, GA5,498193,607 189,799 765,595 — 152,474 189,799 918,069 1,107,868 (179,201)928,667 2012-2021
Austin, TX79436,179 29,799 113,491 — 17,037 29,799 130,528 160,327 (28,831)131,496 2012-2021
Boise, ID6357,911 27,943 105,602 — 16,790 27,943 122,392 150,335 (15,993)134,342 2013-2021
Charleston, SC1,46383,790 64,134 221,586 — 33,916 64,134 255,502 319,636 (44,062)275,574 2012-2021
Charlotte, NC3,897288,888 151,524 561,718 — 80,776 151,524 642,494 794,018 (139,782)654,236 2012-2021
Cincinnati, OH2,104237,454 68,311 273,421 — 51,607 68,311 325,028 393,339 (87,987)305,352 2012-2021
Colorado Springs, CO71— 4,785 20,160 — 1,193 4,785 21,353 26,138 (1,335)24,803 2013-2021
Columbus, OH2,139144,521 65,203 271,672 — 55,459 65,203 327,131 392,334 (77,347)314,987 2012-2021
Dallas-Fort Worth, TX4,320292,327 112,514 517,841 — 105,430 112,514 623,271 735,785 (171,985)563,800 2012-2021
Denver, CO844— 47,581 186,341 — 25,036 47,581 211,377 258,958 (49,676)209,282 2012-2021
Greater Chicago area, IL and IN1,700487,564 53,453 210,667 — 53,121 53,453 263,788 317,241 (84,181)233,060 2012-2015
Greensboro, NC73353,695 21,826 98,549 — 13,947 21,826 112,496 134,322 (28,209)106,113 2013-2021
Greenville, SC73073,526 19,525 101,730 — 14,386 19,525 116,116 135,641 (28,839)106,802 2013-2021
Houston, TX2,914175,907 62,076 364,091 — 69,520 62,076 433,611 495,687 (116,480)379,207 2012-2021
Indianapolis, IN2,919— 81,622 325,228 — 71,373 81,622 396,601 478,223 (115,482)362,741 2012-2021
Inland Empire, CA89— 9,292 11,632 — 1,898 9,292 13,530 22,822 (3,372)19,450 2012-2016
Jacksonville, FL2,72161,872 92,679 377,811 — 69,697 92,679 447,508 540,187 (86,678)453,509 2012-2021
Knoxville, TN41117,699 13,983 68,269 — 8,077 13,983 76,346 90,329 (18,438)71,891 2013-2021
Las Vegas, NV1,51522,249 68,366 227,763 — 55,411 68,366 283,174 351,540 (50,453)301,087 2011-2021
Memphis, TN66517,382 21,920 79,247 — 15,509 21,920 94,756 116,676 (23,962)92,714 2013-2021
Miami, FL1843,462 2,190 21,277 — 5,308 2,190 26,585 28,775 (8,334)20,441 2013-2015
Milwaukee, WI109— 6,446 19,163 — 2,546 6,446 21,709 28,155 (6,898)21,257 2013
Nashville, TN3,067186,415 131,691 491,360 — 77,099 131,691 568,459 700,150 (120,491)579,659 2012-2021
Orlando, FL1,82447,263 67,956 241,508 — 46,129 67,956 287,637 355,593 (64,887)290,706 2011-2021
Phoenix, AZ3,29656,908 146,471 416,829 — 69,429 146,471 486,258 632,729 (105,579)527,150 2011-2021
Portland, OR18424,820 13,214 23,302 — 2,817 13,214 26,119 39,333 (6,411)32,922 2013-2021
Raleigh, NC2,165214,980 77,177 298,539 — 42,107 77,177 340,646 417,823 (82,877)334,946 2012-2021
Salt Lake City, UT1,762160,964 107,284 321,767 — 63,679 107,284 385,446 492,730 (70,843)421,887 2012-2021
San Antonio, TX1,29260,501 37,964 164,091 — 36,017 37,964 200,108 238,072 (39,471)198,601 2012-2021
Savannah/Hilton Head, SC97442,534 34,029 136,059 — 17,206 34,029 153,265 187,294 (29,314)157,980 2013-2021
Seattle, WA1,06228,363 82,224 225,118 — 19,894 82,224 245,012 327,236 (35,778)291,458 2012-2021
Tampa, FL2,63546,670 102,913 392,682 — 63,823 102,913 456,505 559,418 (95,174)464,244 2012-2021
Tucson, AZ56412,205 17,147 78,229 — 13,389 17,147 91,618 108,765 (17,104)91,661 2011-2021
Winston Salem, NC84643,695 21,037 103,852 — 14,776 21,037 118,628 139,665 (28,433)111,232 2013-2021
Total Single-family properties in operation56,3653,123,351 2,062,039 7,866,768 — 1,391,619 2,062,039 9,258,387 11,320,426 (2,072,933)9,247,493 2011-2021
Properties under development & development land— — 471,782 — 77,871 332,506 549,653 332,506 882,159 — 882,159 
Total Single-family properties held for sale659— 30,289 86,602 — 17,880 30,289 104,482 134,771 (19,864)114,907 2011-2020
Total real estate assets57,024$3,123,351 $2,564,110 $7,953,370 $77,871 $1,742,005 $2,641,981 $9,695,375 $12,337,356 $(2,092,797)$10,244,559 2011-2021
(1)The unaudited aggregate cost of consolidated real estate in the table above for federal income tax purposes was $12.4 billion as of December 31, 2021.

American Homes 4 Rent
American Homes 4 Rent, L.P.
Schedule III—Real Estate and Accumulated Depreciation as of December 31, 2021 (Continued)

Change in Total Real Estate Assets for Single-Family Properties in Operation
 For the Years Ended December 31,
(Amounts in thousands)202120202019
Balance, beginning of period$9,999,821 $9,448,381 $9,197,096 
Acquisitions and building improvements1,426,921 689,566 379,466 
Dispositions(95,997)(208,540)(233,094)
Write-offs(23,916)(20,843)(12,353)
Impairment(131)(1,957)(3,663)
Reclassifications to single-family properties held for sale, net of dispositions13,728 93,214 120,929 
Balance, end of period$11,320,426 $9,999,821 $9,448,381 

Change in Accumulated Depreciation for Single-Family Properties in Operation
 For the Years Ended December 31,
(Amounts in thousands)202120202019
Balance, beginning of period$(1,754,433)$(1,462,105)$(1,176,499)
Depreciation (1)
(357,797)(330,192)(313,683)
Dispositions14,990 29,433 28,154 
Write-offs23,916 20,843 12,353 
Reclassifications to single-family properties held for sale, net of dispositions391 (12,412)(12,430)
Balance, end of period$(2,072,933)$(1,754,433)$(1,462,105)
(1)Depreciation of buildings and improvements is computed on a straight-line basis over estimated useful lives ranging from three to thirty years.