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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Expenses:      
General and administrative expense $ 56,444 $ 48,517 $ 43,206
Interest expense 114,893 117,038 127,114
Acquisition and other transaction costs 15,749 9,298 3,224
Depreciation and amortization 372,848 343,153 329,293
Total expenses 1,147,004 1,058,165 1,023,599
Gain on sale and impairment of single-family properties and other, net 49,696 38,773 40,210
Loss on early extinguishment of debt 0 0 (659)
Other income and expense, net 3,985 1,707 8,171
Net income 210,559 154,829 156,260
Noncontrolling interest 21,467 14,455 15,221
Dividends on preferred shares 37,923 55,128 55,128
Redemption of perpetual preferred shares 15,879 0 0
Net income attributable to common shareholders $ 135,290 $ 85,246 $ 85,911
Weighted-average common shares outstanding:      
Basic (in shares) 324,245,168 306,613,197 299,415,397
Diluted (in shares) 325,518,291 307,074,747 299,918,966
Net income attributable to common shareholders per share:      
Basic (in dollars per share) $ 0.42 $ 0.28 $ 0.29
Diluted (in dollars per share) $ 0.41 $ 0.28 $ 0.29
Rents and other single-family property revenues      
Rents and other single-family property revenues $ 1,303,882 $ 1,172,514 $ 1,132,137
Property operating expenses      
Expenses:      
Property operating and management expenses 490,205 450,267 433,854
Property management expenses      
Expenses:      
Property operating and management expenses $ 96,865 $ 89,892 $ 86,908