XML 79 R60.htm IDEA: XBRL DOCUMENT v3.22.0.1
Debt - Long-term Debt (Details) - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Sep. 30, 2021
Jun. 30, 2021
Mar. 31, 2021
Mar. 31, 2019
Mar. 31, 2018
Debt Instrument [Line Items]                
Total debt $ 3,924,181,000 $ 2,848,492,000            
Unamortized discounts on unsecured senior notes (15,561,000) (3,658,000)            
Deferred financing costs, net (28,142,000) (27,422,000)            
Total debt per balance sheet 3,880,478,000 2,817,412,000            
Amortization of debt issuance costs 8,790,000 7,431,000 $ 7,457,000          
Asset-Backed Securitizations, Unsecured Senior Notes and Term Loan Facility                
Debt Instrument [Line Items]                
Amortization of debt issuance costs 6,100,000 5,900,000 $ 5,900,000          
Secured Debt                
Debt Instrument [Line Items]                
Total debt $ 1,924,181,000 1,948,492,000            
Secured Debt | AH4R 2014-SFR2 securitization                
Debt Instrument [Line Items]                
Interest rate 4.42%              
Total debt $ 473,594,000 479,981,000            
Secured Debt | AH4R 2014-SFR3 securitization                
Debt Instrument [Line Items]                
Interest rate 4.40%              
Total debt $ 488,790,000 495,392,000            
Secured Debt | 2015-SFR 1                
Debt Instrument [Line Items]                
Interest rate 4.14%              
Total debt $ 514,868,000 520,957,000            
Secured Debt | AH4R 2015-SFR2 securitization                
Debt Instrument [Line Items]                
Interest rate 4.36%              
Total debt $ 446,929,000 452,162,000            
Exchangeable Senior Notes | 4.25 Percent Senior Notes Due 2028                
Debt Instrument [Line Items]                
Interest rate 4.25%             4.25%
Effective interest rate 4.08%              
Total debt $ 500,000,000 500,000,000            
Deferred financing costs, net               $ (1,900,000)
Exchangeable Senior Notes | 4.90 Percent Senior Notes Due 2029                
Debt Instrument [Line Items]                
Interest rate 4.90%           4.90%  
Total debt $ 400,000,000 400,000,000            
Deferred financing costs, net             $ (1,000,000)  
Exchangeable Senior Notes | 2031 unsecured senior notes, net                
Debt Instrument [Line Items]                
Interest rate 2.38%     2.375%        
Effective interest rate 2.46%              
Total debt $ 450,000,000 0            
Exchangeable Senior Notes | 2051 unsecured senior notes, net                
Debt Instrument [Line Items]                
Interest rate 3.38%     3.375%        
Total debt $ 300,000,000 0            
Line of Credit | Revolving Credit Facility                
Debt Instrument [Line Items]                
Interest rate 1.20%              
Total debt $ 350,000,000 0            
Credit facility maximum borrowing capacity 1,250,000,000       $ 1,250,000,000 $ 800,000,000    
Letters of credit outstanding $ 1,600,000 $ 1,500,000            
Line of Credit | Revolving Credit Facility | LIBOR                
Debt Instrument [Line Items]                
Basis spread on variable rate 1.10%